Peach&Co. CWiedkncountant5 & &Jskn•55kn15• NEWSTART Report of the Trustees & Flnanclal Statements for the Year Ended 30 November 2023 Charity No. 1077664 Pèath & Co.. Chart•red Accountants & Busine$$Adv5sers. 115 By7￿•Y StreeL Burten upon frenc 5tafiord5hi¥e, DE14 2EG Tek Oll83 564014 & 01283 566441 . Fa& 01263 5fj5675 . Emali Su￿p8achC0.rO.uk . www.peach¢o.co.uk Princlp41 S L Hall BA IHatslACA NEWSTART CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 Page Legal and Administrative Information Trustees Report Independent Examinerfs Report Receipts and Payments Account-The Charitv Statement of A55ets and Liabilrtles- The Charity Notes to the Financial Statements Receipts and Payments Account- Head Office Receipts and Payments Account- Horninglow Receipt5 and Payments Account-stapenhlll Receipts and Payments Account- Winshill io NEwsfART LEGAL AND ADMINISTrATIVE INFORMATION FOR THE YEAR ENDED 30 NOVEMBER 2023 Charity Number 1077664 Trustees: Mr Ronald Anderton Mr5 Pam Kyles Contart address.. 15 Ridgeway Road Burton on Trent Stoffordshlre DE15 9PY Independent Examlnpr. Mrs Sue Hall Peach & Co. Chartered Accountant5 115 Byrkley Street Burton on Trent DE14 2EG Page I NEWSTART- CHAIRMANnRUSTEES REPORT Charltyregi5trotlon number 1077664 November 2022 to November 2023 In the comrnunlty for the ¢ommunlty Mlsslon statement To reach into the communitywlth the love of Jesus, seeking to Help relieve poverty whilst promoting the Christian faith As I mentioned in our previous report Pam and I, as trustees, knew that we had some serious and difficult decision5 to make during this past year. Although we had made every effort to avoid closing the charity it was decided that there was no other course of action and so at a Trustees meeting it was decided to close the two existing shops namely Hornin8low and Stapenhill and then proceed wlth the closing of Newstart as a charity. The Stapenhill 5hDP was formally closed on the 28102/23 and the Horninglow shop closed on the 30/11/23 following the expiry of the current leases. All supplier contratts have been cancelled and all outstanding debts have been paid. The only outstandingdebt isto HMRC and our accountants who wlll be paid on completion of the flnal accounts report. Any surplus monies left In the bank account will be distributed to various needy causes and charities Within the Burton area who have a slmilar ethos and mission as that of New5tart. When ourfinal accounts are approved and submittedto the Ch3rityCommission we shall then proceed to distrlbute the surplus monies, close the bank account and formally close the Newstart charty. The Charity Commission will of course be informed of our actions, In conclusion, Pam and I wish to give ourthanks to all the people who over the past 30 years have served in various positions within Newstart. In particular we wish to thank our shop managers and a5slstants but in particular all of the volunteer workers who gave up their free time and without whom New5tart could not have existed. Ron Anderton/Pam Kyles ITru5tees) 25 September 2024 Page 2 NEwsfART INDEPENDEKf EXAMINER'S REPORT YEAR ENDED 30 NOVEMBER 2023 I report to the trustee5 of Newstart, charity number 1077664, on the accounts for the year ended 30 November2023 which are set out on pages 4 to 11. Responslbllltle$ and bas15 of report l Teport to the trustees on my examination of the accounts of the above charity for the year ended 30 November 2023. As the charity trustees, you are responsible forthe preparallon of the accounts in accordance with the requirements of the Charities Att 20111.the ACY'I. I report In ￿spect of my examination of the Charity's accounts carried out under sectlon 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Dlrections given by the Charlty Commission under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come lo my attentlon in connection with the examination which gives me cause to believe that in, ony material respert.. accounting records were not kept In accordance with section 130 of the Act 01 the accounts do not occord with the accounting records I have no concerns and have come across no other matters in connectlon with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Date.. 25 September 2024 Mrs Sue Hall ACA Peach & Co. Chartered Accountants 115 Byrkley Street Burton on Trent Staffordshire DE14 2EG Page 3 NEWSTART RECEIPTS AND PAYMENTS ACCOUNT- ThE CHARtrY FOR THE YEAR ENDED 30 NOVEMBER 2023 Notes UnTestrlcte(l Rostrlctad Fund$ Funds Total 2023 Tolal 2022 Receipts Receipts 27,736 27,736 71,220 Total RO￿lpts 27,736 27,736 71,220 Payments Management & administrat 46.027 46,027 71,120 Charitable Payments 4.316 4,316 2.600 50,344 73.720 Assets purchased Totsl Paym¢nts 50,344 73,720 Total not recelptsl(expendltur•) -22,608 -22,608 Cash funds at 1 De¢omber 2022 68.387 68,367 70,867 Cash fund8 at 30 November 2023 45,759 45,759 68,367 Page 4 NEWSTART STATEMENT OF ASSETS AND LIABILrfiES FOR THE YEAR ENDED 30 NOVEMBER 2023 Noto8 Unrestrfcted Restrictod Funds Fund6 Total 2023 Totsl 2022 Cash Funds ank A¢¢ounts Head Off￿e H￿ning10W Siapenhill Winshill 42,290 3,470 42.290 3.470 29,905 3,087 Cash In Hand Head OffKe Hominglow Stapenhill Winshill 557 150 Total ag at 30 November 2023 45.759 45,759 68.367 Assets rotalned for the Charity's own us• Current Assqts Recoverable PAYE panatttes Current Llabllltlos PAYE and pension payable Pa￿011 prO￿sSing fees Book-keeping fees Independent eKaminer8 fees 2.300 120 2,300 120 2.187 52 eoo 600 3,620 3.620 3,439 Approved by the Trustees and stgned on their behalf by. Ron Anderton Pam K￿eS Dated.. 25 September 2024 Pagè 5 NEWSTART NOTES TO THE FINANCIAL STATEPAENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 G8n•ral R•stri¢l¢d Fund$ Funds Total 2023 Total 2022 1 R•¢eipts Sales of donated goods Collecttons Dewsit account interest Gf8nts r8ceived 27,736 27,736 68233 2,687 300 27,736 27,736 71.220 General RKtrl¢t•d Funds Funds Total 2023 2 M•nag•m•nt and *4lmlnl$tr*k•n Wages Rent and water rat8$ Heat and light In￿rance Waste bin$ Telephone Repairs Post and s18t￿nary Refreshments Cleaning materials Accountancy PAYE penalties Travel Bank charges Wetfare Gifts and sundry Reburblshmenls 30.783 8,181 2,591 883 30,783 8,181 2,591 45.975 14.743 2.601 446 9￿) 1.185 72 558 37 129 23 558 37 129 226 154 1.752 1.752 35 212 318 1,077 136 136 660 46.027 46,027 71,120 G•neral R•stri¢tod Fundi Funds Total 2023 Total 2022 3 Charllabl• P*ym•nts Grants pdd out 4,316 4,316 2,600 4.316 4.316 2.6 Pag¢ 6 NEWSTART RECEIPTS AND PAYMENTS ACCOUNT- HEAD OFFICE YEAR ENDED 30 NOVEMBER 2023 2023 2022 SALES OF DONATED GOODS 0.00 Add.. Collections Deposit account interest Grant received 2687.00 0.00 300.00 0.00 0.00 0.00 0.00 2987.1)0 2987.00 EXPENSES Wagos Rent and water rates Heat and light Insurance Waste bln$ Telephon8 Repairs Post and ststion&ry Refreshments Cleanlng materials Accountsncy PAYE ponaltSe8 Travel Bank charge8 Welfare Gifts and sundry Reburbishments Charitable activities 0.00 {o.00) 10.00} 0.00 0.00 0.00 37.27 0.00 0.00 0.00 0.00 0.00 344.00 O.OD 0.00 2646.00 0.00 0.00 57.00 0.00 650.00 0.00 1700.00 0.00 0.00 1752.00 0.00 0.00 82.00 419.75 0.00 4316.40 6587.42 5397.00 NET MOVEMENT FOR THE Y&4R 6587.42) {2410.001 Transfers bethen shops arKI h8ad officg H88d office Hominglow Slapenhill Winshill 0.00 21254.64 (7045.37) 0.00 0.00 18872.00) I5061.￿J) 5171.00 7621.85 111172.Wl Funds al 1 DeGgmber 2022 34668. 45840.00 Funds at 30 November 2023 42289.85 34668.00 Page 7 NEWSTART RECEIPTS AND PAYMENT8 ACCOUNT- HORNINGLOW YEAR ENDED 30 NOVEMBER 2023 2023 22 SALES OF DONATED GOODS 25003.97 29749.1)0 Add.. Collectlons Deposit account interest Grant received o.oo 0.00 0.00 0.00 25003.97 29749.00 EXPENSES W8ge8 Rent and vralef rat8S Heat and light InsuranGe Waste bins Telepho Repairs Post and stsliongry Refreshments Cleaning materials Accountsncy PAYE penalties Travel Bank chaffJes Welfare Gift8 and sunijry Reburbtshmgnls Ch8ritsblg activilles 21865.89 7128.19 205.27 583.54 0.00 410.19 0.00 129.36 23.18 6.09 18666.00 6386.00 1228.00 223.00 354.00 0.00 105.00 36.00 0.00 0.00 0.00 0,00 0.00 112.00 84.00 0.00 0.00 259.74 130.26 0.00 0.00 30741.71 27267.00 NET MOVEMENT FOR THE Y64R (S737.74} 2482.00 Transfers betsyeen shops and head office Head office Homlnglow StspenhS11 Winshill 121254.641 0.00 0.00 0.00 8872.00 0.00 0,00 126992.38) 11354.00 Funds al 1 December 2022 30462.00 19108.00 Funds at 30 November 2023 3469.62 30462.00 Page 8 NEWSTART RECEIPTS AND PAYMENTS ACCOUNT. STAPENHILL YEAR ENDED 30 NOVEMBER 2023 2023 2022 SALES OF DONATED GOODS 2732.08 22097.00 Add.. Collectlons Deposit a¢￿Unt interest Grant reGgived 0.00 0.00 0.00 0.00 0.00 0.00 2732.08 22097.00 EXPENSES Wages Ront and water rales Heat and light Inwrance Waste bins Telaphone Repairs Post and stsdonery Refreshments Cleaning materials Accountancy PAYE penalties Travel Bank charges Wellare Gifts and sundry Reburbishfflfjn15 Charltable activities 8917.20 1053.08 2385.26 299.00 0.00 147.90 O.DO 0.00 0.00 0.00 0.00 0.00 16605.00 6239.00 1069.00 223.iJ) 574.00 652.00 72.00 21.00 87.00 98.00 0.00 0.00 0.00 155.00 206.00 222.00 74.21 28.Q8 109.72 0.00 0.00 13014.45 26223.00 NET MOVEMENT FOR THE YEAR 110282.37) 14126.C(l) Transfers bgtsveon shops and head offlce Haad office Hominglow S18penhill Wlnshill 7045.37 0.00 0.00 0.00 161.00 0.00 0.00 0.00 {3237.00) 935.00 Fund8 al 1 December 2022 3237.00 2302.00 Funds at 30 November 2023 0.00 3237.00 Pagé 9 NEWSTART RECEIPTS AND PAYMEpifs ACCOUNT- WINSHILL YEAR ENDED 30 NOVEMBER 2023 2023 2022 SALES OF DONATED GOODS 0.00 16387.00 Add: Collections Deposit a¢cwnt interest Grant r￿OlVed 0.00 0.00 0.00 0.00 0.00 16387.00 0.00 EXPENSES Wages Rent and water rates Heal and Ilghl Insurance Waste bins Telephone Repairs Post and stationery Refreshments Cleaning materlals Accountancy PAYE penalti95 Travel Bank charg6s Welfare Gifts and Sundry Reburbrshmgnls Charllabla a¢thviti88 10704.00 2118.00 304.00 0.00 0.00 0.00 0.00 0.00 376.00 179.00 0.00 10.00 101.00 20.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 121.00 900.00 0.00 14833.00 NET MOVEMENT FOR THE YEAR 0.00 1554.cil Transf&rs be￿een shops and head office ead office Homlngl¢)W Stapenhill Winshill 0.00 0.00 {5171.001 0.00 0.00 0.00 (3617.00> Funds al 1 D8CA8mbor 2022 0.00 3617.00 Funds al 30 November 2023 0.00 Pag8 10