##
|Patrons|||||Tracy Chevalier|||
|---|---|---|---|---|---|---|---|
||||||Dame Judi Deneb CH|||
||||||Kaffe Fassett|||
||||||Esther Freud|||
||||||Libby Purves OBE|||
||||||Isabella Tree|||
|Trustees|||||Jennifer Rademaker|(Chair)||
||||||Marion Bedford|||
||||||Julian Diment|||
||||||Tabitha Elwes|||
||||||Kit Kemp MBE|||
||||||Miranda
Kendall (Vice||Chair)|
||||||Cath Kidston MBE|||
||||||Andrew
Murray (Treasurer)|||
||||||Cathy Robinson|||
||||||Emma Soames|||
||||||Nicola Wright|||
|Executive||Director|||Victoria Gillies|||
|Founding||Director|||Dr Katy Emck OBE|||
|Financial||Director|||Mariana Spater|||
|Charity|Number||||1049095|||
|Company||Number|||03095356|||
|Registered||Office|&Principal|Address|190-192 Queenstown||Road|
||||||London|||
||||||SW8 3NR|||
|Auditors|||||James Cowper Kreston Audit|||
||||||8th Floor|||
||||||Reading Bridge House|||
||||||George Street|||
||||||Reading|||
||||||RG1 8LS|||
|Bankers|||||Unity Trust Bank|||
||||||4 Brindley Place|||
||||||Birmingham|||
||||||B12HB|||
##
||Page|
|---|---|
|TRUSTEES' REPORT||
|REPORT OF THE INDEPENDENT AUDITORS|23|
|STATEMENT OF FINANCIAL ACTIVITIES|26|
|(INCORPORATING
INCOME AND EXPENDITURE ACCOUNT)||
|BALANCE SHEET|27|
|CASH FLOW STATEMENT|28|
|NOTES TO THE ACCOUNTS||
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|||Unrestricted|Restricted|Designated|Total|Total|
|---|---|---|---|---|---|---|
||Notes|Funds|Funds|Funds|2022|2021|
|Income from:||8||8|6||
|Donations
and grants||422,096|425,464||847,560|835,868|
|Charitable
activities||290,193|||290,193|280,524|
|Investment
income||3,859|||3,859|41|
|Total income||716,148|425,464||1,141,612|1,116,433|
|~E*
dit|||||||
|Cost ofRaising Funds|5|279,336|||279,336|172,528|
|Charitable
activities|||||||
|Prisoner Training
& Support|5|414,948|474,807||889,755|777484|
|Total expenditure||694,284|474,807||1,169,091|950,012|
|Net income/(expenditure)||21,864|(49,343)||(27,479)|166,421|
|Transfer between
funds||71,237||(71,237)|||
|Fund balances at 1 January|2021|600,932|58,035|185,559|844,526|678,105|
|Fund balances at 31 December|||||||
|2022||694,033|8,692|114,322|817,047|844,526|
##
##
|||||2022|||2021||
|---|---|---|---|---|---|---|---|---|
|||Notes|||||||
|Fixed assets|||||||||
|Tangible assets|||||50,662|||58,242|
||||||50,662|||58,242|
|Current assets|||||||||
|Stocks|||187,774|||125,763|||
|Debtors||10|57,364|||86,451|||
|Cash at bank and in|hand||653,290|||814,040|||
||||898,428|||1,026,254|||
|Creditors: amounts|falling due||||||||
|within one year|||(132,043)|||(239,970)|||
|Net current assets|||||766,385|||786,284|
|Total assets less current liabilities|||||817,047|||844,526|
|Income funds|||||||||
|Restricted funds||14|||8,692|||58,035|
|Designated
funds||16|||114,322|||185,559|
|Unrestricted
funds||17|||694,033|||600,932|
||||||817,047|||844,526|
##
##
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating||activities:||||||
|Net income/expenditure
for the year||||(27,479)|166,421|||
|Depreciation
oftangible fixed||assets|9|27,837|13,745|||
|Increase/(decrease)|in creditors||11|(107,928)|(90,137)|||
|(Increase)/decrease|in debtors||10|29,087|10,031|||
|(Increase)/decrease|in stocks|||(62,011)|(3,184)|||
|Investment
income||||(3,859)|(41)|||
|Net cash provided|by/(used|in)|||(144,353)||96,835|
|operating
activities||||||||
|Cashflows from investing
activities||||||||
|Interest income||||3,859|41|||
|Purchase oftangible|fixed assets||9|(20,256)|(41,755)|||
|Cash provided
by/(used
in)||investing|||(16,397)||(41,714)|
|activities||||||||
|Increase/(decrease)|in cash||||(160,750)||55,121|
|Cash and cash equivalents||atthe|||814,040||758,919|
|beginning
ofthe year||||||||
|Cash and cash equivalents||at the end|||653,290||814,040|
|ofthe year||||||||
|||||||31||
|||||1 January
2022|Cashflow|December
2022f||
|Cash at bank and|in hand|||814,040|(160,750)|653,290||
##
##
##
|2.4|Tangible fixed assets and depreciation|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Tangible fixed assets are stated at cost less depreciation.
Depreciation||||is provided|||at rates|||calculated||to|
||write offthe cost less estimated
residual
value ofeach asset over its expected useful||||||||life, as follows:|||||
||Plant and machinery
3years|straight|line basis|||||||||||
||Fixtures, fittings and equipment
3years|straight|line basis|||||||||||
|2.5|Leasing and hire purchase
commitments|||||||||||||
||Rentals
payable
under
operating
leases are charged|against||income|on|a straight|||line basis over||||the|
||period ofthe lease.|||||||||||||
|2.6|Debtors|||||||||||||
||Trade and other debtors are recognised
at the settlement
amount
due after any trade||||||||discounts.|||||
|2.7|Cash at bank and in hand|||||||||||||
||Cash at bank and
in hand includes cash and short term highly|||liquid investments.||||The Trustees seek to||||||
||use short and medium
term deposits where possible|to maximise
the return
on monies||||||||held at the bank||||
||and to manage cash flow.|||||||||||||
|2.8|Creditors and provisions|||||||||||||
||Creditors and provisions
are recognised
where the charity has||a present obligation|||||resulting|||from a|past||
||event that will probably
result
in the transfer
of funds|to a third||party and||the amount||||due|to settle||the|
||obligation
can be measured
or estimated
reliably.|||||||||||||
|2.9|Stock and work in progress|||||||||||||
||Stock is valued at the lower ofcost and net realisable|value.||||||||||||
|2.10|Pensions|||||||||||||
||The charity operates a defined contributions
pension|scheme.|Contributions|||are charged||||in the accounts||||
||as they become payable
in accordance
with the rules|ofthe scheme.||||||||||||
|2.11|Fund accounting|||||||||||||
||The charity has various funds for which
it is responsible:|||||||||||||
||Unrestricted
funds —these are for use on the general|chaditable||objectives||ofthe|charity.|||||||
||Restricted
funds —the funds are for use as directed|by the donor. A description||||||of|the|projects can be||||
||found
in the notes to the accounts.|||||||||||||
||Designated
funds —these are amounts
which have been put aside at the discretion||||||||ofthe Trustees||||and|
||comprise a fund equivalent
to the donations
raised to regrow prison stitcher|||||numbers|||post pandemic.|||This||
||has been designated
by the Trustees for this purpose.|||||||||||||
||The Trustees also authorised
the creation ofa designated
fund|||to cover|the Fixed|||Asset||value.||||
|2.12|Taxation|||||||||||||
||The company
is a registered
charity
(number:
1049095).
All
exemptions
set out in part 11ofthe Corporation
Tax Act2010.|||of the|charity's||income|||falls within|||the|
##
##
##
##
##
||||Unrestricted|Restricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|Fundsf|Funds
f|2022f|2021
f|
|Donations
and grants|||422,096|425,464||847,560|835,868|
|Donations
and grants||||||||
|Unrestricted
funds:||||||||
|BCPartners|||||||10,000|
|CHK Charities|||||||50,000|
|Anonymous|||||||5,000|
|Anonymous|||||||5,000|
|Anonymous|||||||15,000|
|ASK Charitable
Trust||||||1'7,500||
|Bromley Trust||||||10,000||
|Reo Stakis||||||5,000||
|Michael and Clara Freeman|||Trust|||5,000||
|Devonshire
Trust|||||||10,000|
|Anthony
Sofroniou||||||6,000||
|Armitage
Trust||||||22,000|20,000|
|Battcock Charitable
Trust|||||||5,000|
|SharegiR|||||||5,000|
|Anonymous||||||5,000||
|Alison
Mary Lyon Will Trust|||||||10,000|
|Qais Zakara|||||||5,000|
|Scouloudi
Foundation||||||7,000||
|Crucilble
Foundation||||||51,000||
|Sommer Family Trust|||||||10,000|
|Al Fayed Foundation|||||||10,000|
|Mercers Livery Company|||||||2,000|
|Lady Elizabeth
Cavendish||Trust||||125,000||
|The Delves Charitable|Trust||||||5,000|
|Other grants, donations|and||(&f5,000)and GiR Aid|||168,596|110,090|
|||||||422,096|277,090|
##
##
||||||Total|Total|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6|6|
|Restricted funds:|||||||
|Adrian
Swire Trust|||||15,000|15,000|
|Bank ofAmerica Foundation|||||36,321|35,740|
|Barbour Trust||||||2,000|
|Blatchworth
Trust|||||15,000|5,000|
|Bromley Trust||||||10,000|
|Colyer-Fergusson
Charitable|||Trust||11,500|12,500|
|Robin Corbett Award||||||3,000|
|Dalby Trust||||||5,000|
|De Lazlo Foundation|||||10,000|10,000|
|Rothschild
Foundation|||||10,000||
|Evan Cornish
Foundation|||||5,000||
|City Bridge Trust|||||12,567||
|ASK Foundation|||||9,556||
|Anonymous|||||20,000||
|Great Western
Railway||||||20,000|
|Goldsmiths'
Company|Charity|||||30,000|
|Hadrian
Trust||||||1,000|
|1772Trust|||||2,000||
|Radcliffe Trust|||||7,500||
|Peter Stebbings Trust|||||10,000||
|Hiscox Foundation|||||5,000|5,000|
|Hodge Foundation||||||4,000|
|Trusthouse|||||3,00D||
|Philip King Trust||||||10,000|
|John Lewis Foundation|||||16,000|16,000|
|Leigh Foundation||||||5,000|
|Lord Barnaby's
Foundation||||||6,000|
|cheme
Government
Job Retention S||||||18,362|
|Matrix Chambers|||||3,000||
|Porticus Trust|||||14,998|30,000|
|Hedley Foundation|||||5,0DD||
|Henry Smith Foundation|||||60,000||
|Michael Varah Memorial||Foun||dation|2,747|8,529|
|Garfield Weston Foundation|||||75,000|100,000|
|Rayne Foundation||||||20,000|
|Statham
Family Trust|||||2,500|2,500|
|Awards for All||||||9,530|
||||||351,689|384,161|
##
##
|||Total|Total|
|---|---|---|---|
|||2022f|2021
f|
|Brought forward||351,689|384,161|
|Aldo Trust||5,000|5,000|
|Charles
Hayward
Foundation||20,000||
|Coates Foundation||5,000||
|Dischma Charitable
Trust|||5,000|
|Valentine
Trust|||5,000|
|Nina Campbell
Limited||15,000||
|William Yeoward
Limited||15,000||
|The Monday Charitable|Trust||10,000|
|Merchant Taylors' Foundation|||5,000|
|Madison
Foundation|||1,000|
|Worshipful
Company
of|Broderers|3,000|3,000|
|Rio Stakis Foundation||5,000||
|Anonymous|||5,000|
|Tanner Trust|||7,000|
|Other donations
&grants (&f5,000)||5,775|1,300|
|||425,464|431,461|
##
|4|Income from cha|rita|ble activ|ities||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||f|6|
||Sale of prisoners'|work||||||275,793|252,224|
||Auction proceeds|of|prisoners'|work|||||7,000|
||Income from cell|work||||||14,400|21,300|
|||||||||290,193|280,524|
|5|Expenditure||||Staff|Depreciation|Other|Total|Total|
||||||costs||Costs|2022|2021|
||Expenditure
on:|||||||||
||Costs ofgenerating
grants||donations|and|167,124||112,212|279,336|172,528|
||Charitable
activities|||||||||
||Prisoner Training|&|Support||410,970|27,837|325,648|764,455|656,731|
||Activities undertaken||directly|||||||
||Support costs||||||125,300|125,300|120,753|
||||||578,094|27,837|563,160|1,169,091|950,012|
##
|lysis ofsup|port costs (including
governance
c|osts)||
|---|---|---|---|
|||2022|2021|
|||6|6|
|Rent||96,100|96,800|
|Governance|costs|20,066|16,960|
|insurance||9,134|6,993|
|||125,300|120,753|
##
||Unrestricted|Restricted|Designated|Total|
|---|---|---|---|---|
|Income from:|Funds
6|Fundsf|Funds
6|2021
6|
|Donations
and grants|277,090|431,461|127,317|835,868|
|Charitable
activities|280,524|||280,524|
|Investment
income|41|||41|
|Total income|557,655|431,461|127,317|1,116,433|
|~E*
Cht|||||
|Costs of raising funds|172,528|||172,528|
|Charitable
activities|||||
|Prisoner Training
&Support|392,248|385,236||777,484|
|Total expenditure|564,776|385,236||950,012|
|Net income/(expenditure)|(7,121)|46,225|127,317|166,421|
|Transfer between
funds|(58,242)||58,242||
|Fund balances at 1 January 2021|666,295|11,810||678,105|
|Fund balances at 31 December|||||
|2021|600,932|58,035|185,559|844,526|
##
##
##
##
|Number ofemployee|s|||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||Number|Number|
|The average
monthly|number ofemployees|||during the|year was|15|15|
|Employment
costs||||||2022|2021|
|||||||5|8|
|Wages and salaries||||||512,759|450,330|
|Social security costs||||||49,056|39,955|
|Other pension costs||||||16,279|12,100|
|||||||578,094|502,385|
|The number ofemployees||whose annual|emoluments||exceeded 860,000|||
|In the year were as follows:||||||||
|||||||2022|2021|
|||||||Number|Number|
|660,001-f70,000||||||1|1|
##
|9|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
||||Plant and|Fixtures,|Total|
||||machinery|fittings 8||
|||||equipment||
|||||8||
||Cost|||||
||At 1 January 2022||9,679|127,587|137,266|
||Additions|||20,256|20,256|
||At 31December 2022||9,679|147,843|157,522|
||Depreciation|||||
||At 1 January 2022||9,570|69,453|79,023|
||Charge for the year||109|27.728|27,837|
||At 31 December 2022||9,679|97,181|106,860|
||Net book value|||||
||At 31 December 2022||0|50,662|50,662|
||At 31 December 2021||109|58,134|58,242|
|10|Debtors|||2022|2021|
|||||6|6|
||Trade debtors|||4,611|13,822|
||Other debtors|||13,075|12,500|
||Prepayments
and accrued income|||39,678|60,129|
|||||57,364|86,451|
|11|Creditors: amounts|falling due within one year||2022|2021|
|||||6|6|
||Trade creditors|||14,997|21,550|
||Taxes and social security costs|||21,798|19,382|
||Other creditors|||1,366|408|
||Accruals and deferred|income||93,882|198,630|
|||||132,043|239,970|
##
##
||Included|in deferred|income are amounts|income are amounts|income are amounts|income are amounts|relating to donations||||
|---|---|---|---|---|---|---|---|---|---|---|
||with timing conditions|||outside the|control||ofthe charity.||||
|||||||||2022|2021||
|||||||||f||6|
||Brought forward as at|||1"January|2022|||174,083|272,081||
||Received|in year||||||125,000|99,083||
||Released|in year||||||~247 000|~I97|1|
||Carried forward at 31"December||||2022|||52,083|174,083||
|13|Pension|and other post-retirement||||benefit commitments|||||
||Defined|contribution|||||||||
||There were 62,233 contributions||||(2021 61,754)due.||||||
|||||||||2022||2021|
|||||||||6||f|
||Contributions
payable|||by the charity||for|the year|16,279|12,100||
##
##
|||||Balance at
1January
2022|Incoming
resources|Resources
expended|**31** **D**
Balance at
ecember
2022|**31** **D**
Balance at
ecember
2022|
|---|---|---|---|---|---|---|---|---|
|||||6||6|6||
|Developing
post release
employment
and training||support for||15,000|96,163|111,163|||
|prisoners|||||||||
|Open the Gates apprentice|||stipends|2,535|2,747|2,646||2,636|
|Prisoner training
and|awards||||5,500|5,000|||
|Staff furlough
support|||||||||
|Volunteers
expenses|||||12,500|12,500|||
|Rebuilding
Cell Work
pandemic|post|||12,500|112,498|125,498|||
|Cell work core costs||||20,000|15,000|35,000|||
|Support for prisoners|in|Kent||6,000|11,500|17,500|||
|Stitcher training
kits|||||10,000|10,000|||
|Social enterprise
support||||2,000|75,000|77,000|||
|Impact Evaluation|||||9,556|3,500||6,056|
|Event Sponsorship|||||55,000|55,000|||
|Support for female prisoners|||||20,000|20,000|||
|||||58,035|425,464|474,807||8,692|
##
||||Balance at
1January
2021|Incoming
resources|Resources
expended|Balance at
31 December
2021|Balance at
31 December
2021|
|---|---|---|---|---|---|---|---|
||||6||5|6||
|Developing
post release
employment
and training
support||||114,770|99,770|15,000||
|for prisoners
Open the Gates apprentice||stipends||8,529|5,994||2,535|
|Prisoner Training
and|awards||5,810|7,500|13,310|||
|Staff furlough
support||||18,362|18,362|||
|Volunteers'
expenses||||5,000|5,000|||
|Rebuilding
Cell work|post|pandemic||84,800|72,300|12,500||
|Cell work core costs|||6,000|70,000|56,000|20,000||
|Support for prisoners|in Kent|||12,500|6,500||6,000|
|Social enterprise
support||||102,000|100,000||2,000|
|Prisoner newsletter||||3,000|3,000|||
|Stitcher training
kits||||5,000|5,000|||
||||11,810|431,461|385,236|58,035||
##
##
##
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##
##
##
##
##
##
##
##
##
##
|||||||Movement
in funds|Movement
in funds|||
|---|---|---|---|---|---|---|---|---|---|
|||Balance|at|Incoming||Resources
Transfer
Balance at||||
|||1January||resources||expended
between
31December||||
|||2022f||||f|funds|2022|f|
|Unrestricted|funds|600,932||716,148||694,284
71,237
694,033||||
|||||||Movement
in funds||||
|||Balance|at|Incoming||Resources
Transfer
Balance at||||
|||1January||resources||expended
between
31December||||
|||2021f||||f|funds|f
2021|f|
|Unrestricted|funds|666,295||557,655||564,776|||659,174|
|Designated|funds|||||||||
||||||Movement||in funds|||
|||Balance at|Incoming||Resources||Transfer|Balance at||
|||1January|resources||expended||between|31 December||
|||2022f||||f|funds|2022 f||
|Fixed Asset|Fund|58,242|||||(7,579)|50,663||
|Rebuilding|Cell Work|127,317|||||(63,658)|63,659||
|||185,559|||||(71,237)|114,322||
||||||Movement||in funds|||
|||Balance at|Incoming||Resources||Transfer|Balance at||
|||1January|resources||expended||between|31 December||
|||2021f||||f|funds
f|2021 f||
|Fixed Asset|Fund||||||58,242|58,242||
|Rebuilding|Cell Work|||127,317||||127,317||
||||127,317||||58,242|185,559||
##
##
|17|Analysis of net assets between funds|Analysis of net assets between funds|Unrestricted|Restricted|Designated|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2022|
||||E||||
||Fund balances at|31 December 2022 are|represented
by:||||
||Tangible fixed assets||50,663|||50,663|
||Current assets||775,413|8,692|114,322|898,427|
||Creditors: amounts|falling due within one|||||
||year||(132,043)|||(132,043)|
||||694,033|8,692|114,322|817,047|
||||Unrestricted|Restricted|Designated|Total|
||||funds|funds|Funds|2021|
||||6|||6|
||Fund balances at|31 December 2021 are|represented
by:||||
||Tangible fixed assets||58,242|||58,242|
||Current assets||862,902|36,035|127,317|1,026,254|
||Creditors: amounts|falling due within one|||||
||year||(261,970)|||(261,970)|
||||659,174|36,035|127.317|822,526|
##
||Land and|buildings|
|---|---|---|
||2022|2021|
||8|E|
|Within one year|71,250|95,000|
|Between two and five years||71,250|
||71,250|166,250|
##
##