REGISTERED COMPANY NUMBER: 03474038 (England and Wales)
REGISTERED CHARITY NUMBER: 1067356
Report of the Trustees and
Unaudtted Financial Statements for the Year Ended 31 December 2023
for
Rekindle Home
Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY

Rekindle Home
Contents of the Financial Ststements
forthe Year Ended 31 December 2023
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
10
Notes to the Financial Statements
11 to 17
Detailed Statement of Financial Activities
18

Rekindle Home
Report of the Trustees
for the Year Ended 31 Decernber 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 201%, present their
report with the financial statements of the charty for the year ended 31 December 2023. The trustees have
adopted the provisions of Accounting and Reporting by Charities= Statement of Recommended Practice
applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principle aim of the Rekindle Home charity is to work with young people aged 16 to 25 to offer earfy
intervention for those at risk of mental health problems, or those already suffering mental distress such as
depression, anxiety or who are self-harming.
We are based in Newtown, Mid Wales, and provide a planned recovery programme adjusted to individual
needs and aimed at the development of life skills, the restoration of self-respect and the resumption of
meaningful activities.
In setting the objectives each year, the trustees have referred to the guidance contained in the Charity
Commission's general guidance on public benefit. In particular, the trustees a￿ayS ensure that the activrties
undertaken are in line with the charitable objects and aims under which the charity was established.
Page 1

Rekindle Home
Report of the Trustees
for the Year Ended 31 December 2023
ACHIEVEMENT AND PERFORMANCE
This year has seen the most significant growth of our charity since its founding over 25 years ago. it has also
s&n the highest number of referrals to our service sinTr our founding and this has been for several reasons.
Our Board is now settled in and working very well together, and we now have an excellent team which have
been commendably diligent in their efforts to grow the organisation and provide a much-needed service to
those with mental health issues in Powys and Shropshire.
The numbers of young people between the ages of 16 to 25 years with mental health issues in
PowyslWaleslUK is growing rapidly for many reasons and keeping pace with this is challenging. Funding and
ensuring we have the resources to manage caseloads is paramount in our thinking and planning. Providing
support to the statutory sector including the NHS is significant and we are currently seeking ways in which to
obtain NHS commissioning.
Following a recent update to staff structure, 2023 has overseen consolidation of our team whilst focussing on
positive delivery and promotion of our mental health services. We have wrtnessed an increase in the number
of referrals to our setvices from a range of sources including referrals from seNi¢e users. friends and family
members, local mental health services and other third sector organisations. We have re-connected and
engaged with new and previous partnerships which allow us to reach and support more young people across
our community. With increased staff numbers we have developed a Senior Management Team, consisting of
our SDM, Lead Recovery Practitioner and Lead Counsellor to oversee the day-to-day management of the
setvice, regularly review performance and referrals to our services.
Last year we moved to a much larger modern premises wf(h the very kind support of a local building
company. It has been made bespoke for our needs with three counselling rooms and a fabulous open space
for activities including a kitchen. This is evidence that we very much support working in partnership, and we
are extremely grateful to Evabuild of Newtown.
We have met the needs of more young people through one-to-one recovery work and counselling which
incorporate goal setting, managing personal finances, supporting job applications, and advocating on behalf
of our service users. The timeline of our seNitss is unlimited to allow our clients to be fully in control of their
process and the duration of their recovery from poor mental health. We have supported several clients
gaining employment and moving into their first 'own' homes over the past year. We use a tool to measure
progress and outcomes which has shown overall improvement mood and happiness.
We have recruited a recovery practitioner and activities officer with the aim and focus to expand the range of
the services and help to develop a strong cohort of clients for groups and peer support. She will develop
volunteering roles within Rekindle and set up a young people's forum, to help guide the future of the service.
We have developed a strong teaching element to our setvice, engaging with local colleges to become a
placement provider for counselling students. In 2023, we began supporting three students to gain practical
experience and counselling hours towards their qualification. Our Lead Counsellor is responsible for
embedding counselling students into our work. We encourage continued learning and development across
our team and believe that involving students in the ￿ntre of our seNice focusses our attention and creates a
culture of continued leaming and development.
Awards
We have been extremely proud to receive several awards in recognition of our work in the community - this is
something we are all extremely proud of..
2023..
- Celebration of Newtown Awards - Newtown Community Fund, presented by Mayor Cllr. John Byme.
2024..
The High Sheriff of Powys Award in recognition of great and valuable services to the communty, presented
by the High Sheriff of Powys Reg Cawthorne.
Celebration of Newtown Awards - Local Business of the Year Award, Third Sector, presented by Mayor Cllr.
John Byrne
Page 2

Rekindle Home
Report of the Trustees
for the Year Ended 31 December 2023
FINANCIAL REVIEW
Principal funding sources
The three principal funding sources upon which Rekindle depends are (ts grants made available by other
charitable bodies, monies raised by the trustees through local events organised by them, and independent
donations made by local organisations.
Investment policy and objectives
Under the memorandum and articles of association, the charity has the power to make any investment which
the trustees see fit. As the company has limited funds tt maintains an appropriate amount, in accordance with
its reserves policy, in the current account for working capital and the balance of its funds are kept in a deposit
bank account to provide a return on the funds.
Reserrfes policy
Rekindle charty's funds are all being applied in accordance with its objectives. The charty's assets are all
being maintained in the furtherance of these objectives.
The Trustees have examined the needs, risks and challenges faced by the charity in both the short and
medium term and accordingly have established a new policy which aims to ensure that unrestricted funds not
committed or invested in tangible or intangible fixed assets
i.e. free reserves
held by the charity are
sufficient to ensure that the charity can continue to operate to meet the needs of its beneficiaries in the event
of unforeseen and potentially damaging circumstances arising.
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six
months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds
to respond to applications for grants and ensure that support and governance costs are covered.
As detsiled in the ReseNes Policy, reserves are broken down in five separate designated sub-categories
including {1) Restructuring funds, {ii} Continuity funds, {iii) Special projects, {ivl Dissolution fund as well as {v)
Cyclical Maintenance fund.
The balance held as unrestricted funds at 31 December was £185,183, of which £173,970 are regarded as
free reserves, after allowing for funds tied up in tangible fixed assets.
At the balance sheet date, all the funds held by the charty are eannarked for commitments already entered to
fund operational expenses including the ongoing costs of providing the service.
The Trustees have agreed that its Reserves Policy should be reviewed and updated at the last quarterty
Trustee board meeting of each year.
Page 3

Rekindle Home
Report of the Trustses
for the Year Ended 31 December 2023
FUTURE PLANS
We will continue to improve our service to our current and new clients and set up a lived experience forum to
help inform our service and activities. The team has settled into our new offi￿$ and continue to improve the
environment to ensure it has the right vibe for clients. We were very fortunate to receive a donation of art and
plants which has added to the amazing atmosphere of the building.
Our aim is to take the next step in our five-year plan to utilise our open fioor plan to ensure accessibility to
service users for activities such as cooking skills, life skills, art and other activity as guided by the lived
experience forum. We also intend to extend our operating hours to include out of hours access i.e. evenings
and weekends- we know this is something clients would like to see happen.
We will also be reviewing our Board to ensure we represent the community and client base so we will be
seeking ways in which to attract lived experience and young people to the Board. We see this as a great
development opportunity for young people and for the organisation.
We have also ensured that all Board members receive safeguarding training and have done this via Powys
County Council training opportunities, we will continue to seek ways in which we can develop the Board,
team, and volunteers.
One of our main focuses will be on funding, so s*king more diverse funding streams, donations, fund raising
events and Just Giving on our website. Our website has been reviewed and we will very soon have a new
website
we have an excellent admin team who have been working on this and it looks excellent it is
available in Welsh and English. The website will be launched in June 2024.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The Board of Trustees is currently being refreshed wtth the recruitment of new trustees. We now have a new
Chair (Robin Brierley) appointed in July 2021. We are currently recruiting new Trustees including a Treasurer.
We have had a very good response to our advert for new Trustees.
All directors of the company are also trustees of the charity and there are no other trustees. Trustees must
offer their retirement every three years.
At every annual general meeting one third of the trustees shall retire from office. There is no objection to the
retiring trusteelsl being re*lected, provided that the remaining trustees propose and agree to this.
Organisational structure
The Board of Trustees meet on a quarterly basis to receive reports on the well being of the charty both in
financial and operational terms. The Trustees are responsible for the strategic direction and policy of the
charity. A Business Plan is updated prior to every meeting, circulated with the agenda, and agreed by the
trustees at each meeting.
All the above meetings are fully minLrted and the agreed and signed records retained by the meeting
chairman.
Page 4

Rekindle Home
Report of the Trustees
for the Year Ended 31 December 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of new trustees
As per the guidance from the Association of Chairs our recrurtment process is as follows;
Trustee recruitment cycle
Refiect Decide which skills and experien￿ are the most important to lead your charity, and identfy which of
these are missing from your current board. Trustees work collectively, as a team, so the people who will add
the most value to your board will be people who can bring new skills and different perspectives, rather than
'more of the same,.
Think about the diversity of your board
which voices and experiences are missing from your board
discussions? Recruiting a diverse board does take extra thought but it will bring many benefits. Consider what
might discourage people from joining your board. Deciding to recruit openly will get you off on the right
footing.
1. Prepare
Once you are clear about the skills and qualities that you are looking for in a new trustee, spend time
preparing and planning before you jump into advertising. It really will increase your chances of success.
Decide on your process, plan key dates and agree who will be involved. A good process will help you select
the right trustees, and it will make the experience more engaging and inclusive for all candidates. Consider
what people need to know about your trustee role and your charity, and what will encourage them to apply. A
clear, concise trustee role description is helpful.
2. Advertise
Vvhen you are clear about the skills and qualities that you want to recruit and you have planned the process,
you are ready to advertise. Write a compelling trustee advert that will attract good candidates. Explain why
your charity matters, the attributes that you want new trustees to bring, and how these will help the board.
Don't forget practical detsils like how to apply.
Share your advert widely, and use channels that can help you reach the right audien￿ for your role. Trustee
recruitment sites can help you find people interested in trustee positions. Use your own ne￿orkS too, and
other peoples,, to share your advert more widely and to tsrget your promotion.
3. Shortlist and interview
Shortlist your candidates against your agreed set of skills and qualities. Don't be swayed by impressive Cvs
look for applicants who meet your criteria and will bring new and different perspectives to your existing board.
Plan your interview process so it goes smoothly. Ask a set of structured questions to assess applicants,
interest in your charity, their fit with your charity's values and to explore how they could use their skills and
experien￿ to help board discussions. Assessing their responses against clear criteria will help you choose
the best candidates and make the prO￿s$ fair. It also makes it easier to tum down people who are
unsuitable.
InteNiews are a two-way street.. applicants will want to find out more about your charity, the other trustees and
your board culture. Give them opportunities to do this, and make the interview a positive experience for them
4. Induct
Carry out relevant eligibility checks on your new trustee and confirm their appointment. Then give them an
induction that will help them thrive in their new role. Boards vary in how they operate so a good induction is
useful, even if they have been a trustee before.
Drfferent people will have different needs, so tailor your induction to suit the individual. All board members
share the same responsibility SO they must all be able to participate on an equal footing. Find out what training
and support your new trustees need to carry out their role well. The way your board currently operates might
not work for your new trustees. Be willing to make changes to accommodate them and set them up for
success.
Page 5

Rekindle Home
Report of the Trustees
for the Year Ended 31 Decernber 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
5. Evaluate
No recruitment process is perfect. Although tt's tempting to move on to the next steps, evaluate your trustee
recruitment process now while it's fresh in your mind. You'll be grateful next time you come to recruit.
Review what worked and what didn't, and ask for feedback. Don't wory if you didn't appoint
use the
evaluation to consider what, rf anything, you need to do differently. This is also a good time to think about
succession planning and how to create a pipeline of future trustees.
Related parties
In so far as it is complementary to the charity's objects, the charity is guided by both local and national policy.
Risk Management
The major risks to which the charity is exposed, as identTfied by the trustees, have been reviewed, with
systems established to mitigate those risks. It is recognised that systems can provide reasonable but not
absolute assurance that major risks have been adequately managed. A Risk Register, together with a Risk
Policy, provides a formal structure for identification, recording and reporting measures to control such
identified risks. The Risk Register also indicates the monitoring process for ensuring continuous updating of
risk assessments.
The Risk Register is updated and reviewed at regular intervals. Internal control risks are minimised by the
implementation of procedures for the authorisation of all transactions and projects. Procedures are in pla￿ to
ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre.
Risk management has become especially relevant in this year of Covid19 pandemic. Support workers have
continued to see clients with urgent problems, all the while maintaining social distancing, hand sanitising, and
the use of face masks.
Health Standards Policies
We have developed a series of policies that cover all the legal requirements of an organisation providing
support in the mental heaith field. These are reviewed and updated as necessary.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03474038 (England and Wales)
Registered Charity number
1067356
Registered office
2-3 Ladywell Centre
Newtown
Powys
SY16 1AF
Trustees
R W C Brierley
G J Bland
F A N Carfile
J A Jones
R A Stratton
F R Mathieu
Page 6

Rekindle Home
Report of the Trustees
for the Year Ended 31 December 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY
Approved by ord
board of trustees on 21 May 2024 and signed on its behalf by..
R W C Brierley- Trustee
Page 7

Independent Examiner's Report to the Trustees of
Rekindle Home
Independent examinerfs report to the trustees of Rekindle Home ('the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2023.
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
2006 ('the 2006 Act,).
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 145(5) {b) of the
2011 Act.
Independent examiner's statement
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 respect 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 accordan￿ wi(h 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 Stsndard applicable in the UK and Republic
of Ireland (FRS 102}1.
I have no COn￿mS 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.
Thomas Landers BA FCA
Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY
21 May 2024
Page 8

Rekindle Horne
Statement of Finan¢ial Activities
for the Year Ended 31 December 2023
31.12.23
Total
funds
31.12.22
Totsl
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
154,629
9,900
164,529
173,582
Investment income
1,373
1,373
154
Total
156,002
9,900
165,902
173,736
EXPENDITURE ON
Charitable activities
Mental Health & Wellbeing
152,275
152,275
88,567
NET INCOME
3,727
9,900
13.627
85.169
RECONCILIATION OF FUNDS
Total funds brought foNard
181,456
181,456
96,287
TOTAL FUNDS CARRIED FORWARD
185,183
9,900
195,083
181,456
The notes form part of these financial statements
Page 9

Rekindle Home
Balance Sheet
31 December 2023
31.12.23
31.12.22
Notes
FIXED ASs￿s
Tangible assets
10
11,213
1,290
CURRENT ASSETS
Debtors
Cash at bank and in hand
741
186,895
528
184,888
187,636
185,416
CREDITORS
Amounts falling due within one year
12
(3,766)
(5,250)
NET CURRENT ASSETS
183,870
180,166
TOTAL ASSETS LESS CURRENT
LIABILITIES
195,083
181,456
NET ASSETS
195.083
181.456
FUNDS
Unrestricted funds
Restricted funds
14
185,183
9,900
181,456
TOTAL FUNDS
195,083
181.456
The charitable company is entitled to exemption from audit under Section 477 of the Companies Aci 2006 for
the year ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 De￿mber 2023 in accordance with Section 476 of the Companies Act 2006.
The truslees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
ofthe Companies Act 2006 and
preparing financial statements whiGh give a true and fair view of the state of affairs of the charitsble
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordan￿ with the requirements of Sections 394 and 395 and which otheNise comply with the
requirernents of the Companies Act 2006 relating to financial ststements. so far as applicable to the
charitable company.
Ib)
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 Ttustees and authorised for issue on 21 May 2024
and were signed on its behalf b
R W C Brierley- Trustee
The notes form part of these financial statements
Page 10

Rekindle Home
Notes to the Financial Statements
forthe Year Ended 31 December 2023
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 wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
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.
Income
All income is recognised in the Statement of Financial Activities once the charty has entitlement to the
funds, it is probable that the income will be re￿iVed and the amount can be measured reliably.
Expenditu
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charty to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classrfied under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resoU￿s.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful lrfe.
Plant and machinery
Fixtures and fittings
Art materials
Computer equipment
25 % on cost
25 /0 on reducing balance
25 % on cost
25 % on reducing balance
Taxation
The charity is exempt from corporation tsx on its charitable activ((ies.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charty.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Pension costs and other post-retirernènt benefits
The charrtable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Page11
continued..

Rekindle Home
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2023
DONATIONS AND LEGACIES
31.12.23
31.12.22
Donations
Grants
37,130
127,399
7,982
165,600
164,529
173,582
Grants received, included in the above, are as follows..
31.12.23
31.12.22
The Louis and Valerie Freedman Charitable Settlement
Lord Merthyr- Community Fund in Wales
The Allen Lane Foundation
Tudor Tnjst
Sam Morley Family Trust
Margaret Davies Charity
Garfield Weston FO
Society of the Holy Child
Newtown & Llanllwchaiarn Town Council
Lloyds Bank Foundation
PAVO
Postcode Community
Magdalen Trust
Nisa - Making a Dffference Locally
Dyfed - Powys Police
15,000
2,500
3,000
30,000
8,000
9.900
10,000
2,000
3,000
30,000
8,000
5,000
10,000
20,000
1,000
25,000
27,250
350
50,000
25,000
2,000
1,000
4,999
127,399
165,600
INVESTMENT INCOME
31.12.23
31.12.22
Deposit account interest
1,373
154
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 51
Support
costs
Totals
Mental Health & Wellbeing
149,625
2,650
152,275
Page12
continued...

Rekindle Home
Notes to the Financial Statements - ¢ontinued
for the Year Ended 31 December 2023
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.12.23
31.12.22
Staff costs
Utilities
Insurance
Postage stationery & telephone
Sundries
Other charitable activities
Room Hire / Rent
IT Costs
Repairs
Travel
Depreciation
Interest payable and similar charges
107,284
5,960
1,563
4,572
598
11,806
9.277
4,575
46,230
4,109
1,451
872
887
15,454
9,635
2,727
1,402
218
430
127
132
3,737
121
149,625
83,542
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingllcrediting)..
31.12.23
31.12.22
Depreciation - owned assets
3,737
430
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefrts for the year ended 31 December 2023 nor for
the year ended 31 December 2022.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended
31 December 2022.
STAFF COSTS
31.12.23
31.12.22
Wages and salaries
Social security costs
Other pension costs
101,129
2,902
3,253
44,039
1,327
107,284
46,230
The average monthly number of employees during the year was as follows=
31.12.23
31.12.22
Recovery Practitioners
Administrators
Counsellor
Service Delivery Manager
Page 13
continued...

Rekindle Home
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
STAFF COSTS - continued
No employees received emoluments in excess of £60,OQO.
The charity considers its key management personnel comprise the Board of Trustees who do not
receive any fom of remuneration.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restncted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
173.582
173,582
Investment income
154
154
Total
173,736
173,736
EXPENDITURE ON
Charitable activities
Mental Health & Wellbeing
76,189
12,378
88,567
NET INCOMEI(EXPENDITURE)
97,547
112.378)
85,169
RECONCILIATION OF FUNDS
Total funds brought foNard
83.909
12,378
96,287
TOTAL FUNDS CARRIED FORWARD
181,456
181,456
10. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Plant and
machinery
Art
materials
Computer
equipment
Totals
COST
At 1 January 2023
Additions
2,866
14,915
13,660
483
11,470
29,734
13,660
At 31 De￿mber 2023
2,866
28,575
483
11,470
43,394
DEPRECIATION
At 1 January 2023
Charge for year
2,866
13,743
3,708
483
11,352
29
28,444
3,737
At 31 December 2023
2,866
17,451
483
11,381
32.181
NET BOOK VALUE
At 31 December 2023
11,124
89
11,213
At 31 December 2022
1,172
118
1,290
Page 14
continued...

Rekindle Home
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Prepayments and accrued income
741
528
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Social security and other tsxes
Accrued expenses
2,096
3,154
3.766
3,766
5,250
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.12.23
Total
funds
31.12.22
Total
nds
Unrestricted
nds
Reskncted
funds
Fixed assets
Current assets
Current liabilities
11,213
177,736
(3,766)
11,213
187,636
{3,766)
1,290
185,416
(5.250}
9,900
185,183
9,900
195,083
181,456
14.
MOVEMENT IN FUNDS
Net
movement
in fvnds
At
31.12.23
At1.1.23
Unrestricted funds
General fund
Capital fund
181,456
4,049
(322)
185,505
1322)
181,456
3.727
185,183
Restricted funds
Margaret Davies - Rent
9,900
9,900
TOTAL FUNDS
181,456
13,627
195,083
Page 15
continued...

Rekindle Home
Notes to the Financial Statements - Continued
for thè Year Ended 31 December 2023
14.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resourTrs
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Capital fund
156,002
1151,9531
(3221
4,049
1322)
156,002
1152,2751
3,727
Restricted funds
Margaret Davies - Rent
9.900
9,900
TOTAL FUNDS
165,902
(152,2751
13,627
Comparatives for movement in funds
Net
Movement
in funds
Transfers
between
funds
At
31.12.22
At1.1.22
Unrestricted funds
General fund
Capitsl fund
83.752
157
97,547
157
1157)
181,456
83,909
97,547
181,456
Restricted funds
WCVA - Voluntary Service Recovery
Fund
12,378
(12,378}
TOTAL FUNDS
96,287
85,169
181,456
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
R&sour￿S
expended
Movement
in funds
Unrestricted funds
General fund
173,736
176,189)
97,547
Restricted funds
WCVA - Voluntary Service Recovery
Fund
112,3781
(12,378)
TOTAL FUNDS
173,736
(88,567}
85,169
Page 16
continued...

Rekindle Home
Notes to the Financial Statements - continued
forthe Year Ended 31 December 2023
14.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as fofiows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
173,736
(76,189)
97,547
Restricted funds
WCVA- Voluntary se￿iCe Recovery
Fund
{12,378)
(12,378}
TOTAL FUNDS
173,736
(88,567)
85.169
15.
RELATED PARTY DISCLOSURES
There were no related party tra
ctions for the year ended 31 December 2023.
Page 17

Rekindle Home
Detsiled Ststernent of Financial Activities
for the Year Ended 31 Decembèr 2023
31.12.23
31.12.22
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
37,130
127,399
7,982
165,600
164,529
173,582
Investment income
Depostt account interest
1,373
154
Total incoming resources
165,902
173,736
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Utilities
Insurance
Postage stationery & telephone
Sundries
Other charEtable activities
Room Hire J Rent
IT Costs
Repairs
Travel
Fixtures and fittings
Computer equipment
Bank charges
101,129
2,902
3,253
5,960
1,563
4.572
598
11,806
9.277
4,575
44,039
864
1,327
4,109
1,451
872
887
15,454
9,635
2,727
1,402
218
391
39
127
132
3,708
29
121
149,625
83,542
Support costs
Governance costs
Accountancy and legal fees
Legal fees
2,650
785
4,240
2,650
5,025
Total resources expended
152,275
88,567
Net income
13,627
85,169
This page does not form part ofthe ststutory financial statements
Page 18