resolve west resolving conflict • repairing harm TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RESOLVE WEST LTD (fornierly Bristol Mediation Ltd) Charity number: 1000641 Company number: 02538842
resolve west resolving conflict repairing harm CONTENTS PAGE Chairs Report Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities io Balance Sheet li Notes to the financial statements 12-17 Page | 2 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
resolve west resolving conflict repairing harm BOARD REPORT FOR THE YEAR ENDED 31 MARCH 2024 Welcome to Resolve West's 2023 -2024 Annual Report and Financial Statements. As you will see from this report there is mLJch to celebrate, as our core services continue to SLJPPOrt our clients across Bristol and the surrounding counties. We have continued to invest in new ways to showcase our work and were delighted to launch our new website in September 2023 which has given us greater opportunities for those that want to find out more and refer into our services. We also used this opportunity to refresh our resources for volunteers with secure log in areas for both our volunteerfacilitators and trustees. We have refreshed our otherareas of communication through regular newsletters and increased use of our social media platforms. As an agency we were delighted that our Restorative Justice Service was awarded Registered Service Provider Status by the Restorative J ustice Council. This status enables us to continue to build public trust in the professional services that we deliver and clearly demonstratesthat our organisation, our practitioners and the services thatwe deliver meet best practice standards. As to the board of Trustees, we said farewell to Michael, our Chair who Seed on the board for six years. We are incredibly grateful for all of his support over the years including his support through some of our most challenging times, particularly the Covid-19 pandemic, and we wish him the very best for the future. Lou, one of our existing trustees offered to step up into the role of interim chair while we plan for the recruitment of a permanent chair. We were also pleased to welcome Martin to the board. The financial reports below show that we have remained consistent on last year in overall income and expenditure. With the challenges in the public funding sector and the general increase of inflationary costs. we anticipate that funding will be a challenge next year. However. by maintaining sensible financial discipline as well as looking for new areas of funding. we a re confident in our financial resilience in future. As a board we would like to thank all the staff and volunteers who have supported Resolve West. Date: 3 October 2024 Page | 3 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
resolve west resolving conflict repairing harm TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31 March 2024. Status Resolve West Ltd is a reElStered charity and a company limited by guarantee, Eoverned by Memorandum and Articles of Association dated September 1990 and subsequent amendments. It changed its name from Bristol Mediation Ltd on 5 February 2019. Trustees The Trustees who served durin£ the year were as follows: Lucretia Grav Michael Alderman Tony Hughes Silvia Laraia lain Large Wendy McLean Jill Maycock Kim Smith Ilnterim Chairfrom 24.01.2024. Resigned- 04.07.20241 Resigned - 24.01.2024 Principal Address: Unit 40 Easton Business Centre. Felix Road. Easton. Bristol. BSS OHE Independent Examiner Joshua Kingston BSC ACA. Burton Sweet Limited. The Clock Tower. 5 Farleigh Court. Old Weston Road. Flax Bourton. Bristol BS48 IUR Banker5: CAF Bank Ltd. 25 Kings Hill Avenue, Kings Hill. West Mailing. Kent ME19 4Ja Co-operative Bank PO Box 250. Skelmersdale WN8 61 Page 14 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
resolve west resolving conflict repairing harm TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2024 DIREcfoR'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Structure. Governance and Management New or additional trustees are appointed in the manner set out in the Charity's governing documents, namely by way of election at the Annual General Meeting. Resolve West Limited is governed by the Board of Trustees. which meets bi-monthly, and which carries the ultimate responsibility for the activities of the organisation. They appoint the Director who is entrusted to make any decisions that enable the delivery of the business plan. A bi-monthly report on management activity 15 given at each Board meeting. The Board, in conjunction with the Director, makes strategic decisions. Otherstaff and volunteers are accountable to the Director. Training of trustees Each new trustee has access to resources online, which contain reference information on the organisation and their role within it, including job descriptions for each of the trustee roles, a history of the organi5ation, the business plan, and al I policies. These resources are regularly updated. Training for trustees may tske place during trustee meeting times or during development/training days. Any specific training needs may be met through external training courses. Risk Management The trustees continually review risks and take action to mitigate them. Our dependence on service agreements including that with Bristol City Council and the Office of the Police Crime Commissioner. the withdrawal of which would seriously affect our income, is a risk that the trustees continually try to reduce through management of the contracts and development of services funded by other partners. Internal risks are minimized by the implementation of effective internal control procedures that ensure both appropriate authorization of all transactions and projects and consistent quality of delivery for all operational aspects of the charity- These procedures are periodically reviewed for their continuing effectiveness. Objectives and Activities These are set out in the Memorandum and Articles of SOCiation. namely= To promote for the public benefit of the citizens ond communities in ond oround the City of Bristol ond surrounding counties and with a view to the preservation of public order. the provision of services directed to repairing harm by restorotive justice working with victims of crime ond perpetrotors of horm." ond resolving conflict by mediation and conciliotion between persons, orgonisotions ond groups who are involved or who ore ot risk of becoming involved in disputes or interpersonal conflicts where ony such dispute or conflict results from or may lead to acts of nuisance, vandolism, raciol obuse or breoch of the peoce. To achieve these objectives, and this aim. Resolve West trains mediators and restorative justice facilitators for ourselves and other organisations. We have a body of volunteers who work with parties who have experienced conflict or criminal activity- Referrals come from Avon & Somerset Constabulary. Criminal Justice Agencies. Housing Associations. and Local Page | 5 RESOLVE WEST LTD (formerly Bristol Mediation Ltd) Charity number: 101M)641 Company number: 02538842
resolve west resolving conflict repairing harm Authority. In addition, we have referrals from other sources such as individuals. other statutory and voluntary agencies. housing associations, which we encourage and want to increase. Conflict and criminal activity are very detrimental to the lives of those directly involved and have impacts on people's health and wellbeing. We do carry out surveys of those we have helped and. while not claiming complete success in every case, with our help our clients show high satisfaction in the services that they receive, enabling them to have a voice and to feel heard, to be able to move forward and to have some closure that greatly improves their quality of life. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. The aims, methods and benefits of restorative approaches are not widely appreciated, and we are keen to improve society's knowledge of them. To that end. our trustees and staff attend meetings and make presentations when appropriate opportunities arise. Since Bristol Mediation was originally incorporated in 1990 after the St Pauls Riots, restorative approaches have been taken up and developed by other organisations. We will make every effort to continue with this work and develop new services, both by ourselves and in conjunction with other like-minded organisations. Achievements during the year Resolve West started the year p051tively following a successful bidding process leading to continued funding from Bristol City Council to deliver conflict re501ution services for two years and a150 relation5hip5 and contracts with other housing providers. We also started to work closely with the OfFice of the Police Crime Commissioner and an independent agency evaluating the commissioned victim services, regarding future funding beyond 2025. We provided neighbourhood/community conflict resolution (CRI and Restorative Justice IRJI services across Avon & Somerset, as well as our ongoing partnership work as part of Bristol Hate Crime and Discrimination service with our partners, SARI (Stand against Racism and Inequality). Brandon Trust. Bristol Mind. Off the Record and Bristol Law Centre. In addition we continued to provide ad-hoc conflict resolution services to organisations related to workplace conflict. During this period, we worked with 994 direct beneficiaries across all of our services including those who have attended our workshops. trainings and briefings. Of course. indirert beneficiaries are far greater. We have delivered and have provided support and supervision to 67 volunteer practitioners who between them have volunteered in excess of 6,432 hours with a social value exceeding £103.000 per annum. We were delighted to have welcomed back Nina Bayandor following her maternity leave in October 2023, and said goodbye to Sam Edwards who covered the role of Service manager during her maternity leave. We have continued with the positive contact with all of our funders and referrers throughout this period and were pleased to have received an uplift from the Office of the Police Crime Commissioner towards our Restorative JLAStice Service and an uplift from Local Authority as part of our Hate Crime and Discrimination Services. Following significant work from the RJ team and also ourvalued RJ volunteers we were delighted to have been awarded Registered Provider Status through the Restorative Justice Council. which highlighted through this independent evaluation the high quality of the service that we provide. Page | 6 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
resolve west resolving conflict repairing harm We have continued to work closely with our partners as part of Bristol Hate Crime and Discrimination Services and worked collaboratively to deliver workshops and forums to raise awareness of Hate and understanding of Hate Incidents, the impact of these, how we can help. and to upskill the attendees in managing these in the future. We have continued to work in partnership with others and to link up regularly with providers locally as part of a regional RJ Working Group and a RJ Tactical group to develop and to pilot areas of work to increase the use of RJ. We have also linked with others across the country at meetings, forums and strategic boards to ensure that restorative approaches and conflict resolution are built into plans when working to tackle crime and conflict. We have continued to network and link with other national providers. sharing training opportunities and ensuring that we can share best practice and continue to learn from each other. Internally we completed a review of our IT Security. putting in additional measures to ensure our systems are secure, and continued to review. update and implement policy updates moving forward. We successfully completed our updated website which included renewing and updating our branding and launched the new website in September 2023 improving the opportunities to showcase our work and SeiceS including important resources for our volunteers and developed monthly bulletins and quarterly newsletters as well as developing a social media sub-group so that this is updated on a regular basis. All of these developments, and the services we have continued to deliver in the past 12 months would not have been possible without the ongoing commitment. resilience. skills and expertise of all of our staff and volunteers. We were delighted in this period to welcome new volunteers to the Rl seNice and the CR service. Our volunteers and staff continue to be Resolve West's greatest asset and what enables us to continue to provide these vital services to people who have experienced harm or conflict across the region. Financial Report Results for the year Income for the year amounted to £316.305 {2022-23= £391,007), a decrease of £74,702. Bristol Impact fund and RAAS both received an uplift in 2023-24 (£1,311 for BIF and £4.475 for RAASI due to inflationary pressures. This will continue to the end of these projects. The income from Neighbourhood conflict resolution cases has reduced from £68,361 to £53.380. This is due to a reduction in funding from the BCC1£8.0001 and other housing associations. Fundraising levels have remained good and taking the legacy received in 2022-23 {£53.2011 out of the equation there was just a drop of £3,079. Expenditure during the year amounted to £344.903 12022-23= £344,855). There has been an increase in salaries across all teams due to inflationary and incremental rises. Direct costs have not changed significantly and in some areas reduced as we try to make the best use of our income and hybrid working patterns. There has been an increase in Core IT and Phones as we used some of the legacy money from 2021-22 to rebuild our website. The spending on this came to £7,000. The result is that there was net movement of £21,123 Ideficitl on unrestricted funds 12022-23.. £46.957 surplus) and a deficit of £7,475 on restricted funds {2022-23- £805 deficit). giving an overall deficit of £28,598 12022-23.. surplus of £46,152). At the end of the year there were accumulated unrestricted funds of £137,719 12022-23= £158,842) and restricted funds carried forward amounted to £7.936 {2022-23: £15.4111 our net assets decreased to £145,655 12022- 23.. £174,253). Page | 7 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
resolve west resolving conflict repairing harm The contracts we have in place have continued during the current financial year the Restorative Approaches Avon & Somerset contract runs until March 2025,our Hate Crime and Discrimination contract to March 2026. and our contract with Bristol City Council to end of May 2025 which provides welcome financial security- Reserves Policy The policy of the Trustees is to maintain free financial reserves equivalent to between three {£70.0001 and six months 1£140,000} of core running costs and Salaries. plus redundancy costs {£37.000). The total Reserves should therefore be between £107,0 and £177,000. At the end of the year. the balance of unrestricted free reserves was £137.719 (2022-23= £158.842). Statement of trustees. responsibilities The trustees {who are also directors of Resolve West Limited for the purposes of company lawl are responsible for preparing the Trustees, Report (incorporating the strategic report and dirertors, report) and the financial statements in accordance with 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 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 affair5 of the charitable company and of the income and expenditure, of the charitable company for that period. 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 judgments and accounting 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 concem basis unless it is inappropriate to presume that the cha ritable company will continue in business. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees on 3rd Octoberand signed on their behalf by 3 October 2024 Wendy McLean Co-chair a nd director Page | 8 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
resolve west resolving conflict repairing harm INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RESOLVE WEST LIMITED (THE COMPANY.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515) (b) of the 2011 Act. Independent examinerfs ststement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respert of the Company as required by section 386 of the 2006 Act: or the accounts do not accord with those records: or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concern5 and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ogkkn Joshua Kingston BSC ACA. Burton Sweet Limited The Clock Tower, 5 Farleigh Court. Old Weston Road. Flax Bourton. Bristol BS48 IUR Date: 3 October 2024 Page | 9 RESOLVE WEST LTD {formerly Bristol Mediation Ltd) Charity number: lo641 Company number: 02538842
RESOLVE WEST LTD STATEMENT OF FINANCIAL ACTIVITIES (Including income & expenditure account) YEAR ENDED 31 MARCH 2024 Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Note Income from: Donations and legacies Investment income Charitable activities 50,097 1,273 53.919 50,097 1,273 264,935 106,377 1,137 283,493 211.016 Total Income Expendlture on: Raising funds Charitable activities 11,200 114.526 11,200 333,703 18,234 326,621 219.177 Total expenditure Net Incomel(expenditure) (20,437) (8,161) (28,598) 46,152 Transfers between funds 10 {686) Net movement in funds (21.123) {7.475} {28.5981 46.152 Total funds at the start of the year 10 158,842 15,411 174,253 128,101 Total funds at the end of the year 10 137.719 7.936 145,655 174.253 The charily has no recognised gains or losses other than the results forthe year as set out above. All of the activities of the charity are classed as continuing. Prlor year fund comparatives are shown In note 13. The notes on pages 12 to 17 form part of these financial statements. 10
RESOLVE WEST LTD BALANCE SHEEr AS AT 31 MARCH 2024 Company No.. 02538842 2024 2023 Note Current assels Debtors Cash at bank 29,457 133,809 6,184 180,518 Total current assets 163.266 Credltors . Amounts falllng due wlthln one (17.611) 112,449) Net assels 145 655 174 253 Restricted funds Unrestricted funds 10 10 7,936 137,719 15,411 158,842 145 655 174 253 Forthe year ending 31 March 2024 the company was enttlled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibililies= (i) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 {ii) The directors acknowledge their responsibilities for complying wilh the requirements of the Act with respecl to accounting records and the preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. 03 October 2024 These financial statements were approved by the trustees on.......... their behalf by= .and are signed on We¥(dy fvfcL&7&q Wendy McLean, Co-chair and director The notes on pages 12 to 17 form part of these financlal statements.
RESOLVE WEST LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Accounting policies al Basis of preparalion of accounts The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, and the Companies Act 2006. The charity is a Public Benefit entity- There are no material uncertainties about the charty's ability lo continue as a going concern, despite the significant uncertainly being caused by the national cost of living crisis. Whilsl the Trustees expecl Ihere to be an impact on the charity's operations and reserves in the coming months and years, the charity has sufficient reserves to be able to meet these challenges. bl Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. Expendilure which meets these criteria is charged to the fund, together with a fair allocation of management costs. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. c) Income All income is included in the Staternent of Financial Activities when the charity is entitled to the income and the amount can be quanttried wtth reasonable accuracy. The following spectfic policies are applied to particular categories of income.. Donations and legacies are accounted for in full in the Statement of Financial Activities when receivable,. except as follows.. al when donors specify that donations given tothe charity must be used in future accounting periods.. and b) when donors impose conditions which must be fulfilled before the charity becomes enlttled to use such incorne, the incorne is deferred until the pre-conditions have been met. dl Expenditure All expenditure is accounted for on an accruals basis and has been listed under headings that aggregate all the costs directly attributable to that activity. Where costs (including overheads such as wages and salaries) cannol be direclly attributed, they have been allocated to activities on a basis consistent with the use of resources and the time spenl on those activities. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Charitable expendf(ure comprises those costs incurred by the charity in the delivery of aclivilies and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirecl nature necessary to support them. Governance costs include those costs associated with meeting the consliiutional and statutory requirements of the charity and include the independent examination fees and costs linked to the slralegic management of Ihe charity. e) Debtors Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discount due. 12
RESOLVE WEST LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Accounting policies (continued) Creditors and provisions Creditors and provisions are recognised where the charity has present obligation resulting from a past event that will probably resull in the transfer of funds to a third party and the amount due to settle the obligation can be measured or eslimaled reliably. Creditors and provisions are normally recognised al their settlement amount after allowing for any trade discounts due. g) Fixed assets and depreciation Fixed assets are included at cost. where this is in excess of £1.000 per item. Depreciation is provided to write off the cost of fixed assets over their estimated useful lives on a reducing balance basis as follows= Equipment 15Q/o reducing balance hl Cash al bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Income from: donations and legacies Total Funds Total Funds 2024 2023 Grants and donations Legacies Other income and donations 50.046 53,171 53,201 51 All income from donations and legacies was unrestricted in the current and prior year. 3 Income from: charitable activities Unrestricted Restricted Total Funds Funds Funds 2024 Conflict Resolulion.. Bristol City Council Conflict Resolution.. Housing Associations etc Conflict Resolution.. Commercial Cases RAAS (Restorative Approaches Avon & Som) Hate Crime Service {Prospectusl 37,000 11,570 5,349 37,000 11.570 5,349 183.475 27,541 264,935 183,475 27,541 211,016 53,919 Prior year comparative Unrestricted Restricted Total Funds Funds Funds 2023 Conflict Resolulion.. Bristol City Council Conflict Resolution.. Housing Associations etc Conflict Resolution". Commercial Cases RAAS (Restorative Approaches Avon & Som) Hate Crime Service {Prospectusl 45,000 15,804 7,520 45,000 15,804 7,520 191,438 23,731 191,438 23,731 68,324 215,169 283,493 13
RESOLVE WEST LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Expenditure on: charitable activities Salary costs Direct costs Total Recharges costs to projects Total 2024 Unrestricted expenditure Conflict Resolution Servi Core Organisational Development 56,310 72.181 15.812 4,113 43.245 1.315 60,423 115.426 17,127 60,423 36,976 17,127 (78,450) 144.303 48.673 192.976 178,450) 114,526 Restricted expenditure 107,182 17.712 14,608 1.225 121,790 18,937 69,160 9.290 190,950 28,227 Hate Crime Service 124.894 15,833 140,727 78,450 219,177 Total 269.197 64.506 333.703 333,703 Prior year Salary costs Direct costs Total Recharges costs to projects Total 2023 Unrestricted expenditure Conflict Resolution Service Core Organisational Development 60,523 49.564 15,627 125,714 4,112 36.555 1,759 42,426 64,635 86,119 17,386 168,140 64,635 25,601 17,386 160,518) 160,518) 107,622 Restricted expenditure 118.017 17,178 2.487 137,682 15.330 452 5.017 20,799 133.347 17,630 7.504 158,481 52,340 8,178 185,687 25,808 7.504 218,999 Hate Crime Service Schools Project 60,518 Total 263.396 63.225 326,621 326,621 14
RESOLVE WEST LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Staff costs Total 2024 Total 2023 Gross wages and salaries Employer's National Insurance costs Pension contributions Redundancy Total slaff costs 244,957 15,059 7,531 235,750 14,292 5,726 977 The average numberof employees during the year. calculated on the basis of headcount. was as follows.. 2024 No. 2023 No. Charitable activities Administration Resolve West Limited considers its key management personnel to be the members of the trustee board and the director. The tolal employee benefits. including employer pension contribulions. of the key management personnel were £45.135 {2023'. £48.632). There were no employees whose emoluments were in excess of £60,000 during the current or previous year. Net income for the year This is stated after charging: 2024 2023 Independent examiner's fees= Independent Examination Accounts Preparation Under l{Over) Accrual in prior year 880 1,100 {360) 800 1,000 7 Taxation The registered charity is exempt from corporation tax as all income arises from charitable activities. Debtors 2024 2023 Debtors Prepayments 24,788 4,669 655 5,529 Creditors - amounts falling due within one year 2024 2023 Trade creditors Social security Other credilors Accruals & deferred income 1,831 5,331 718 7,613 306 3,812 10,449 15
RESOLVE WEST LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 10 Movement in funds 31 March 2024 2023 Income Expenditure Transfers Restricted funds RAAS (Restorative Approaches Avon & Somersetl Hate Crime Service (Prospectus) 15.411 183.475 27.541 (190,950) (28,227) (219,1771 7,936 686 15,411 211.016 686 7.936 Unrestricted funds General funds 158,842 158,842 105,289 105.289 (125,726) (125,726) (686) 1686) 137,71g 137,719 Total funds 174.253 316.305 (344,903) 145,655 Prior year comparative 1 April 2022 31 March 2023 Income Expenditure Transfers Restricted funds RAAS (Restorative Approaches Avon & Somersetl Hate Crime Service (Prospectus) Schools Projecl 9,660 191,438 23.731 (185,687) {25.808} (7,504) 15,411 2.077 948 6,556 15,1 15,41 Unrestricted funds General funds 111,885 111,885 175,838 175,838 (125,856) 125,856 {3,025) 3,025 158,842 158,842 Total funds 128,101 391,007 344,8551 174,253 RAAS (Restorative Approaches Avon and Somerset) This service which commenced in June 2017 is working in collaboration wilh Avon and Somerset Police to provide restoralive justice across Avon and Somerset. The funding for this seNice is from the Office of the Police Crime Commissioner for Avon and Somerset. Bristol Hate Crime Project In this project we work in partnership with SARI (Stand Against Racism and Inequality), Brandon Trust, Bristol Mind, Off the Record Bristol and Avon and Bristol Law Centre. The project is grant funded by Bristol Cty Council's Impact Fund (Prospectus). A transfer has been included from general funds to reflect a small over spend in the project. Schools Project The schools project (Take 51 is an eady intervention project based in Somerset to prevent victimisation and revictimization working collaboratively with Victim Support. SafeLink. Young Victims Service and SWAN Vocas funded by the Off ice of the Police Crime Commissioner. 16
RESOLVE WEST LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 11 Trustees and other related parties No remuneration was paid lo trustees in the previous year and there were no payments made in respect of trustee expenses in the current or previous year. There are no transactions with trustees or other related parties other than those disclosed as required by the SORP elsewhere in the financial statements. In previous year. remuneration of £1.450 for Mediation for Case was paid to Hughes Enterprise Law. where Trustee Tony Hughes is principal of the company. 12 Company limited by guarantee The company is limited by guarantee and. as such. has no issued share capital. In the evenl of the company being wound up, the liability of the members is limited to £1 each. 13 Prlor year fund comparatlves - Statement of Flnanclal Actlvltles Unrestricted Restricted Total Funds Funds Funds 2023 Income from: Donations and legacies Investment income Charitable activities 106,377 1,137 68.324 106,377 1,137 283,493 215,169 Total income 175,838 215,169 391,007 Expenditure on: Raising funds Charitable activities 18,234 107,622 125,856 18,234 326,621 344,855 218,999 218,999 Total expenditure Net incomel(expenditure) for the year 49.982 (3.830) 46.152 Transfers between funds {3.025) 3,025 Net movement in funds 46.957 {805) 46,152 Total funds at the start of the year 111,885 16,216 128,101 Total funds at the end of the year 158.842 15.411 174,253 17