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2022-03-31-accounts

FIRST STEP NORTH EAST

UNAUDITED FINANCIAL STATEMENTS

For the year ended 31 March 2022

Registered Charity No 1003569

FIRST STEP NORTH EAST

MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS FOR THE YEAR ENDED 31 MARCH 2022


Trustees: Parvin Ahmed - Chairman Narinder Singh - Treasurer Samitra Kaur Tarannum Toor Registered Office: 435 Westgate Road Newcastle upon Tyne NE4 8RN Accountants: Counting North Salvus House Aykley Heads Durham DH1 5TS Bankers: Unity Bank Plc 9 Brindley Place Birmingham B1 2HB

1

FIRST STEP NORTH EAST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022


The trustees have pleasure in presenting their report and the financial statements of the charity the year ended 31 March 2022.

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 requirements of the Charities Act 2011, the constitution adopted on 18 June 1991 and the Charities SORP (FRS102).

Legal Status

The Charity is unincorporated and is registered with the Charities Commission under charity number 1003569.

Method of appointment of Trustees

The appointment of trustees is as set out in our constitution. Policies and procedures adopted for the recruitment of trustees is also detailed in the Charities Governing document. Induction is undertaken by the existing members and the Project co-ordinator and training is undertaken as identified.

Objectives

The charity is constituted to address the issues of social, economic and political inclusion and social cohesion in a multi-racial context. First Step seeks to ensure that all migrant women living in Newcastle’s West End have accessible opportunities to transform their lives and achieve their goals, and seeks to share its model more widely in Newcastle and across the North East.

Mission statement

First Step engages, nurtures and supports migrant women of all nationalities in Newcastle’s West End, enabling the achievement of personal development objectives.

Vision statement

First Step seeks to ensure that all migrant women living in Newcastle’s West End have accessible opportunities to transform their lives and achieve their goals, and seeks to share its model more widely in Newcastle and across the North East.

2021/22 Has been given over to healing and reflection. We returned to a cautious mixture of in person and zoom activities for those women who wanted to remain at home in May 2022. Consultations with all beneficiaries, volunteers, sessionals and staff identified the following needs focus going forward:

We are well placed to deliver and sustain our services and meet the needs identified and have made a good start. None of this would be possible without the support and commitment of the First Step community. Their resilience in the face of sometimes devastating and life changing trauma has been inspirational.

2

FIRST STEP NORTH EAST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022


Financial review

In the current period the net incoming resources have decreased from £13,833 in 2021 to outgoing resources (£7,794) in 2022. Overall net assets have decreased from £327,660 to £319,866.

The aim of the charity is to at least be at break-even point at end of year. We aim to do this by constantly reviewing our outgoings. Where costs can potentially be saved which will further improve the financial position of the charity we will aim to do so whilst balancing the needs of our core services.

Unrestricted Reserves Policy

There are no easy answers to the issue of sustainability in the current economic climate. The strengths of First Step and the aspirations that the organisation needs to protect, require financial support for effective delivery to be maintained. We will continue to be predominantly dependent on grant or project income achieved through funding applications and philanthropy. The Management Committee recognises the risk that not being able to attract sufficient funding poses and have established an unrestricted account that will be used to maintain a reserve of £25,000 to be utilised to cover unforeseen expenditure.

We would like to thank everyone who has contributed to First Step’s success this year and look forward to their continuing support in the future.

Statement of Trustee’s Responsibilities

The trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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 charity or that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

On behalf of the Board of Trustees

Tarannum Toor (Mar 3, 2023 10:19 GMT) Signed: Tarannum Toor

Date: 3 March 2023

3

FIRST STEP NORTH EAST

STATEMENT OF FINANCIAL ACTIVITIES AND STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2022


Total Total
Note Unrestricted Restricted Funds Funds
2022 2021
£ £
Incoming resources
Charitable activities 2 24,686 27,547 52,233 97,174
Investment income 3 - - - -
Other 4 3,800 - 3,800 3,800
____ __ __ __
Total incoming resources 28,486 27,547 56,033 100,974
____ __ ____ ____
Resources expended
Charitable activities 5 20,756 43,071 63,827 87,141
__ _ ___ __
Total resources expended 5 20,756 43,071 63,827 87,141
__ _ ___ __
Net incoming / (outgoing) resources
for the year before transfers 7,730 (15,524) (7,794) 13,833
Transfers between funds 12 - - - -
__ __ ___ ___
7,730 (15,524) (7,794) 13,833
Total funds brought forward 86,979 240,681 327,660 313,827
_ __ ____ ____
Total funds carried forward
12 94,709 225,157 319,866 327,660
====== ======= ======= =======

4

FIRST STEP NORTH EAST

BALANCE SHEET AS AT 31 MARCH 2022


2021 2021
Note £ £
Fixed Assets
8
Tangible assets 314,874 319,424
____ ____
Current Assets
Debtors 9 - -
Cash at bank and in hand 30,535 36,727
____ ____
30,535 36,727
Current Liabilities
Creditors: Amounts falling
due within one year 10 (6,860) (6,008)
____ ____
Net Current Assets 23,675 30,719
____ ____
Total Assets Less Current Liabilities 338,549 350,143
Creditors: Amounts falling due in more
than one year 11 (18,683) (22,483)
____ ____
Net Assets 319,866 327,660
======= =======
Funds
Restricted income funds 12 225,157 240,681
Unrestricted funds 12 94,709 86,979
____ _____
Total Funds 319,866 327,660
======= =======

These financial statements were approved by the Board of Trustees on 3 March 2023 and were signed on its behalf by:

Tarannum Toor (Mar 3, 2023 10:19 GMT)

………………………………………. Tarannum Toor

5

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022


General Information

The charity is an unincorporated organisation registered under Charity Number 1003569. The address of the charity is 435 Westgate Road, Newcastle Upon Tyne, NE4 8RN.

Statement of Compliance

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with Financial Reporting Standard applicable in the United Kingdom and Ireland (FRS102) and the Charities Act 2011. The financial statements are prepared in sterling which is the functional currency of the charity.

The charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

Going Concern

The financial viability of the charity is dependent upon the ability to secure the forecast levels of incoming resources.

The trustees have considered the impact of Covid-19 and other financial risks affecting the charity for the period of one year after the signing of these financial statements, and, based on known levels of funding and reasonable assumptions of future funding are confident that there is sufficient funding to more than cover salaries and general running costs.

On this basis, the charity’s trustees believe it is appropriate for the charity’s financial statements to be prepared on the going concern basis.

Incoming Resources

All incoming resources are included within the Statement of financial activities when the charitable company is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charitable company where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.

Donated services or facilities which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of donation.

6

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022


1 Accounting policies (continued)

Resources Expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributable to particular activities, they have been allocated on a basis consistent with the use of the resources.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charitable company. Governance costs are those incurred in connection with administration of the charitable company and compliance with constitutional and statutory requirements.

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 charitable company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charitable company for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation. No assets are capitalised unless over £250. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold land and buildings – 2% per annum straight line Equipment – 15% per annum reducing balance and 33% straight line

Loan

The loan from the Council of the City of Newcastle upon Tyne is for a period of 25 years after which time it will be written off subject to abiding by certain covenants and restrictions. The policy is to write off the loan over this period on a straight-line basis.

7

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022


2 Charitable activities

2 Charitable activities
Unrestricted Restricted Total Total
2022 2021
£ £
Rosa Fund 7,940 - 7,940 6,112
ESF - - - 6,416
Clothworkers Foundation 10,000 - 10,000 -
Police & Crime Commissioner Fund - - - 4,010
Community Resilience Fund - - - 32,200
Awards For All - 27,547 27,547 9,052
Smallwood Trust - - - 20,235
HMRC Job retention scheme - - - 5,156
Covid-19 Community-Led Organisations
Recovery Scheme - - - 10,000
Sundry income 6,746 - 6,746 3,993
___ ___ ___ ___
24,686 27,547 52,233 97,174
====== ====== ====== ======
3 Investment income
Unrestricted Restricted 2022 2021
£ £
Bank interest receivable - - - -
====== ====== ====== ======
4 Other
Unrestricted Restricted 2022 2021
£ £
Release of council loan 3,800 - 3,800 3,800
====== ====== ====== ======

8

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022


5 Expenditure on charitable activities

Total Total
Unrestricted Restricted 2022 2021
£ £ £ £
Wages and salaries 2,025 18,225 20,250 28,314
Depreciation 2,190 10,430 12,620 10,589
Telephone 985 1,378 2,363 2,366
Travel & volunteer costs 320 1,207 1,527 3,910
Crèche 602 114 716 311
Tutor costs 9,547 6,080 15,627 16,808
Training costs 400 - 400 2,618
General running costs 1,586 5,170 6,756 7,264
Repairs 550 - 550 -
Sundry expenses 85 441 526 2,389
Administrative costs - 26 26 8,013
Publicity costs - - - 3,455
Independent examiner’s fee 1,966 - 1,966 1,104
Other accountancy fees 500 - 500 -
___ ___ __ __
20,756 43,071 63,827 87,141
========== ========== ========= =========
6
Staff costs
The aggregate payroll costs were:
2022 2021
£ £
Wages and Salaries 9,358 11,100
Subcontractors 10,248 16,545
Social security costs 644 669
Pension costs - -
__ ___
20,250 28,314
====== ======

Tarannum Toor received £nil (2021 £nil) from the charity for sessional work. Shirin Hussain received £10,248 (2021 £11,100) from the charity as remuneration. No other trustee of the charity received any remuneration or expenses from the charity.

Particulars of employees:

The average number of staff employed by the charity during the financial year amounted to:

Total Total
2021 2021
£ £
Number of administrative staff 2 2
======== ========
No member of staff was paid £60,000 or more during the year.

9

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022


7 Fees for examination of the financial statements

Total Total
2021 2021
£ £
Independent examiner’s fees 1,966 1,104
======== ========
8 Tangible Fixed Assets
Leasehold Land Equipment Total
and Buildings
£ £ £
Cost
At 1 April 2021 483,104 90,512 573,616
Additions - 8,070 8,070
Disposals - - -
____ ___ ____
At 31 March 2022 483,104 98,582 581,686
======= ====== =======
Depreciation
At 1 April 2021 170,051 84,141 254,192
Charge for the year 9,662 2,958 12,620
Eliminated on disposal - - -
____ __ ____
At 31 March 2022 179,713 87,099 266,812
======= ====== =======
Net Book Value
At 31 March 2022 303,391 11,483 314,874
======= ====== =======
At 31 March 2021 313,053 6,371 319,424
======= ===== =======
All assets are used for direct charitable purposes.

10

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022


9
Debtors
Prepayments and accrued income
10
Creditors:Amounts falling due within one year
Accruals
Loans
11 Creditors:Amounts falling due in more than one year
Loan
Less included in current liabilities
Loan
Loan brought forward
Credit to income and expenditure account
2022
£
-
=====
2022
£
3,060
3,800

6,860
======
2022
£
22,483
(3,800)

18,683
======
2022
£
26,283
(3,800)
___
22,483
======
2021
£
-
=====
2021
£
2,208
3,800

6,008
======
2021
£
26,283
(3,800)

22,483
======
2021
£
30,083
(3,800)
___
26,283
======

The loan is secured on the property at 435 Westgate Road, Newcastle upon Tyne.

11

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

12 Statement of Funds

Balance at
1 April
2021
£
Restricted Funds
Building Fund
225,335
Tudor Trust
5,732
ESF
6,416
Awards For All
3,198
Unrestricted –
Designated Funds
Rosa Fund
448
Community Resilience
Fund
4,733
Smallwood Trust
4,460
Clothworkers
Foundation
-
Covid-19 Community-
Led Organisations
Recovery Scheme
3,888
Unrestricted –
General Fund
73,450
327,660
=======
Incoming
£
-
-
-
27,547
7,940
-
-
10,000
-
10,546
56,033
=======
Outgoing
£
(9,992)
(5,065)
(5,109)
(22,905)
(5,905)
(4,146)
(3,553)
(1,647)
(2,661)
(2,844)
(63,827)
=======
Transfers
£
Balance at
31 March
2022
£
-
215,343
-
667
-
1,307
-
7,840
-
2,483
-
587
-
907
-
8,353
-
1,227
-
81,152

-
319,866
=======
=======

The Tudor Trust provided funding to support salary and general running costs.

European Social Fund provided funding for pre-employment activities and training.

Awards for All provided funding for Human Rights courses, development of materials and online delivery.

Police & Crime Commissioner Safety Fund provided funding to provide a quick response to Covid 19 particularly to the most deprived communities in the West End of Newcastle.

Rosa Fund - funding to support resilience activities for black and minoritised women.

Community Resilience Fund - National Lottery Corona Virus Community Support Fund (CCSF) provided funding to support our activities and resilience during lockdown and immediately afterwards.

The Smallwood Trust – provided funding to support our activities and resilience during lockdown and immediately afterwards.

Clothworkers Foundation - provided funding for capital items including new boilers, fire safety and covid mitigations.

Covid-19 Community-Led Organisations Recovery Scheme (CCLORS) - awarded to community led organisations affected by the Covid crisis to enable continuation of activities.

12

FIRST STEP NORTH EAST

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

13 Analysis of net assets (between restricted and unrestricted funds)

Tangible
fixed assets
£
Restricted
305,286
Unrestricted
9,588
314,874
=======
Other net
assets
£
(80,129)
85,121

4,992
=======
Total
£
225,157
94,709

319,866
=======

13

FIRST STEP NORTH EAST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF I'IRST STEP NORTH EAST

I report on the financial statements of the charity for the year ended 31 March 2022 which are set out on pages 4 to 13.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:

I have no concerns and have come across no 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.

GERALD HENDERS0N FCCA ACA

COUNTING NORTH

Salvus House Aykley Heads Durham DH1 5TS

Date: 3 March 2023

14

The following pages do not form part of the statutory financial statements which are the subject of the independent examiner’s report on page 14.

15

FIRST STEP NORTH EAST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES AND STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2022

__________________

I
Income
The Tudor Trust
ESF
Tynexe
Rosa Fund
Awards For All
Police & Crime Commissioner Fund
Community Resilience Fund
Smallwood Trust
HMRC Job Retention Scheme
Covid-19 Community-Led Organisations Recovery Scheme
Awards For All
Clothmakers
ESF
Unrestricted
Charitable expenditure
Wages and salaries
Depreciation
Telephone
Travel and volunteer costs
Crèche
Tutor costs
Training costs
General running costs
Repairs
Sundry expenses
Administrative costs
Publicity costs
Governance costs
Accountancy costs
Total expenditure
Net incoming/(outgoing) resources for the year
2022
£
-
-
-
7,940
27,547
-
-
-
-
-
-
10,000
-
10,546

56,033
20,250
12,620
2,363
1,527
716
15,627
400
6,756
550
526
26
-

61,361
2,466

63,827
(7,794)
2021
£
-
-
-
6,112
-
4,010
32,200
20,235
5,156
10,000
9,052
-
6,416
7,793
100,974
28,314
10,589
2,366
3,910
311
16,808
2,618
7,264
-
2,389
8,013
3,455
86,037
1,104
87,141
13,833

16

2023-03-03

31 03 22 First Step Accounts

Final Audit Report

Created: 2023-03-03 By: Ged Henderson (ged.henderson@countingnorth.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAwf5Tla_-yPzYZTWnoBaJi9qRv9FPvhbo

"31 03 22 First Step Accounts" History

Document created by Ged Henderson (ged.henderson@countingnorth.co.uk) 2023-03-03 - 10:10:46 GMT- IP address: 217.23.224.253

Document emailed to Tarannum Toor (tarannumtoor@hotmail.com) for signature 2023-03-03 - 10:13:58 GMT

Email sent to sandramoreland@hotmail.co.uk bounced and could not be delivered 2023-03-03 - 10:14:04 GMT

Email viewed by Tarannum Toor (tarannumtoor@hotmail.com)

2023-03-03 - 10:16:47 GMT- IP address: 94.3.205.9

Document e-signed by Tarannum Toor (tarannumtoor@hotmail.com)

Signature Date: 2023-03-03 - 10:19:21 GMT - Time Source: server- IP address: 94.3.205.9

Document emailed to Ged Henderson (ged.henderson@countingnorth.co.uk) for signature 2023-03-03 - 10:19:22 GMT

Email viewed by Ged Henderson (ged.henderson@countingnorth.co.uk) 2023-03-03 - 10:19:38 GMT- IP address: 217.23.224.253

Document e-signed by Ged Henderson (ged.henderson@countingnorth.co.uk) Signature Date: 2023-03-03 - 10:19:52 GMT - Time Source: server- IP address: 217.23.224.253

Agreement completed.

2023-03-03 - 10:19:52 GMT