COMPANY REGISTERED NUMBER: 3715169 REGIsfERED CHARITY NUMBER: 1085090 Report of the Trustees and Financial Statements For The Year Ended 31 March 2021 For C'ommunity Regeneration Outreach Projects Limited *AAJK7AIE" 1711212021 OMPANIES HOUSE
Community Regeneration Outreach Projects Llmited Charity Reg. No: Company Reg. No: 1085090 3715169 CONTENTS Legal and administrative information Report of the Trustees 2to5 Independent Examiners Report to the Trustees Statement of Financial Activities Balance Sheet 8t09 Notes to the Financial Statements 10t013 Detailed Statement of Financial Activities 14to15
Community Regeneration Outreach Projects Limited Company Number: Charity Number: 3715169 1085090 Registered Office: Keyham Green Places 163 Renown Street Keyham Plymouth PL2 2DT Directorsrrrustee's: J Underwood (Chair) - Appointed 5 April 2017 M Parfett - Appointed 18th July 2007 R Mitchell - Appointed 24 May 2016 P Lambert - Appointed 13 December 2017 C Storer- Appointed 9° March 2019 T Allen - Appointed 16° October 2019 B Brunel - Appointed 15° June 2020 Secretary . P Keller (appointed 24 May 2016) Bankers: The Cooperative Bank plc PO Box 101 1 Balloon Street Manchester M604EP
Community Regeneration Outreach Projects Limited Trustee's Report The trustees present their report with the financial statements of the charity for the year ending 31° March 2021. The trustees have adopted the provisions of the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015). Status The company is limited by guarantee, having no share capital: The Company was incorporated in January 2001 and is bound by it Memorandum and Articles of Association. The charity became registered with the Charities Commission on 20 February 2001. Organlsatlon The Trustee's, a body of not less than two members, when are elected at the AGM, control the charity. A quorum of at least four Trustee's or one tenth of the total number of Truslee's, whichever is greater is required for the transaction of charity matters. New Trustee's are appointed by the Board of Trustee's at an Annual General Meeting and must retire at the next AGM where they can be reappointed. At each AGM. a third (or nearesl whole number) of Trustee's should resign. This resignation will be generally by rotation with the longest serving Trustee resigning first. If there is a dispute, resignations will be decided by lots. The governing documents restrict the charity to the furtherance of it objectives. The charity is organised by an independent association of local residents with a managing committee of Trustee's and members. Only Trustee's have voting rights. Achievement and Performance The year ended 31° March 2021 shows total income of £33.130. The company incurred expenditure of £15.434. An analysis of that expenditure can be obtained from the Detailed Statements of Financial Activities on pages 10 and 17. The results for the year consist of net outgoing resources of £17,696. The total funds carried forward at the year-end are £27,821. Current Projects The building of the Keyham Green Places Community Centre has met a significant need within the area be providing a community owned venue that provides educational. social and leisure activities for all members of the community. The centre has increased its members and use this year with more partnership working with other organisations.
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 Educationallrecreational: All this work stopped due to COVID 19. Alexandra Park: Cancelled work due to COVID 19 Other Activities: Because of COVID 19 all rented activities had to stop only our food bank remained open and the majority of funding went to this or core costs.
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 Funding: Thanks to all our funders for supporting our ntre under difficult circumstances due to COVID. A list of these can be found below: Date Funder DEVON COMMUNITY FO DCRR FUND GFIANT PLYMoufH CITY COUNCIL COVID-19 RESPONSE PLYMoufH CITY COUNCIL PLYMOUTH CITYCOUNCIL FROM COUNCILS 3) Garfield Weston GROUNDWORK UK GWUK DEVON COMMUNITY FO DCRR FUND GRANT at it is for ount 17104120 14105120 31107120 23111120 Food bank su ort COVID Core cost help COVID Core cost hel Food bank support £964.00 £10,000.00 £5,217.00 £3,000.00 21101121 11102121 12102121 Food bank su Core support Food bank support ort £900.00 £3,000.00 £2,000.00 24103121 Food bank support otal £3,310.00 £28,391.00 Financial Situation The main priority for CROPS remains, to keep the Centre open for the local community. We still have one part time staff and one part-time self employed worker. With the remaining work carried out by volunteers and the Board of Trustee's. This has reduced our expenditure considerably and has put us in a stronger position for next year. Volunteers We would like to thank our volunteers- Michael, Jean, Sue, Roger, Peter. Tracey, Terrance, Ben, Sam and all the trustees at CROPS that have given their time, dedication and support to enable CROPS to continue to support the local community. We also would like to thank the Royal Navy for their continued support in supplying chefs to help with our foodbank.
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 Investment Policy Funds held by the charity in bank accounts are, at all times, already allocated for a specific purpose or purposes. Funding may be received as a lump sum or over a period of time, but all funding is used for the purpose for which it was originally given and therefore cannot be invested anywhere else. All income form the activities of the centre is put into running costs for the benefit of the whole of the community of Keyham. Risk Ststement The charity is aware of the various risks to which it may be subjected and documented systems are in place to deal with them. Trustee's The'following trustee's, who were also directors served during the year: J Underwood (Chair) M Parfett P Lambert R Mitchell C Storer T Allen B Brunel Approved by order of the board of trustees and signed on its behalf by: o.kn eJtsd Jean Underwood (Chair of Trustees) Date: 1,0 December 2021
Independent Examiner's Report to the Trustees of Community Regeneration Outreach Projects Limited I report on the a¢¢ounts of the company for the year ended 31 March 2021, which are set out on pages 7 to 18. Respective responsibilities of trustees and examiner The trustees (who are also the directors of Community Regeneration OutreaGh Projects Limited for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audtt is not required for this year under sethon 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself thal the charity is not subject to audrt under Company law aThJ is eligible for independenl examination, it is my responsibility to.. - examine the accounts section 145 of the 2011 Act - to follow the proCedUS laid down in the general Directions given by the Charity Commission under section 145(51{b) of the 2011 Act - to state whether particular matters have come to my attention Basis of independent examiner's report My examination was carried out in accordance with the general Directions grven by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The prOdureS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set in the next section. Independent examiner's statement In connection with my examination. no matter has come to my attention: {1) which gives me reasonable cause to believe that in any material respect the requiremenls.. - to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006 - to prepare accounts which accord wilh the accounting records. comply with the accountin9 requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice= Accounting and Reporting by Charities: Stalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of IrelandlFRS 102) (effective 1 January 2015) Have not been met or (2) to which, in my OFMnion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr. Tonny Steenhagen Qualified Teacher l BookkeeFer Date.. 10th December 2021
Community Regeneration Outreach Projects Limitsd Charity Reg. NLmber. Compary Reg. Number. 1085090 3715169 Statsment of Financial Actlvllles For tr£ year endirvJ 3151 March 2021 Unrestricted Restricted Total Funds Funds 2021 Total 2020 Incoming Resources Incoming Resources from generatsd funds Room Hire ar¥J refreslynerts: Events Irrorne.. Voluntsry ktcome: Investment rr£ome: £4,554 £0 £180 £4.554 £0 £180 £5 £14,687 £1,019 £2,207 £3 Incoming Resources from Charitable Activities ,.GrantslProjects: £0 £28,391 £28.391 £11.364 Total Incoming Resources: £4,739 £28,391 £33,130 £29,280 Resources Expended Direct Charrtable Expenditure 3 .. Governance C03ts £11.575 £3.858 £15.433 £22.990 Total Resources Expended £11,575 £3,858 £15,433 £22,990 NEf ITrKOMINGiioufGOING -£6,837 £24,533 £17,896 £6,290 Total funds broloht fotward £10,125 £24.533 £10,125 £10,125 Total funds carried forward £3,288 £24.533 £27,821 £10.125 notes fonn part of Ilp fir0la[ statements
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 Balance Sheet at 31st March 2021 2021 2020 Notes £ Fixed Assets Tangible Assets CurrentAssets Current Account (acc1) Deposit Account Cash in hand £17,191 £9231 . £6,184 £3.301 £1.399 £641 £27.821 £10,125 Creditors: Amounts falling due within one year £0 £0 Net Current Assets £27.821 £10,125 Net Assets £10.125 £10.125 Funds Unrestricted Funds Restricted Funds £27,821 £0 £10.125 £0 £27,821 £10.125 he notes form part of the financial statemnis
Community Regeneration Outreach Projects Limited Charity Reg No: Company Reg. No: 1085090 3715169 Balance Sheet- continued At 31st March 2021. The charitsble company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021. The members have not required the charitable company to obtsin an audit of its financial statements for the year ended 31 st March 2021 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that compty with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a twe and fair view of the state of affairs of the charitable 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 otherwise comply with the requirements of the Companies Ad 2006 relating to the financial statements. so far as applicable to the Charitab company. These financial statements have beerb prepared in accordan with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial statements were approved by the Board of Trustee's on 17th November 2021 and were signed on its behalf by.. Jean Underwood (Chair of Trustees) The notes fom part of these financial ststements.
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 NOTES ON FINANCIAL STATEMENTS For the year ended 31st March 2021 1. Accounting Policles The financial statements of the charitable (xxnpany, 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 Practi applicable to charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2015),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The accounts have been prepared under the historical cost convention. Income Recognition from Grants Income from grants is included in incoming resources when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. If the grants are reiVed as an "up front" payment for which conditions of payments have yet to be met then the income is deferred until the conditions have been met. Restricted Projects When donors specify Ihat the grants given to the charity must be used for a specific purpose the funds for these projects are restricted and accounted for as such. At the end of a specific project a surplus of deficit balan may be transferred to unrestricted general furKls at the discretion of the trUSt'S and rf permitted by the funds. Tangible Fixed Assets Tangible assets are depreciated on a straight line basis over their estimated useful lives. at the following rates:_ Leasehold Property (KGP Centre) 10% Fixtures and Fittings 150/0 Computer Equipment 33.33% Basis of allocation of expenditure Expenses which relate to both the objecls of the charity and the administration of the charity have been apportioned on the following basis: /0 of Expenses Direct Charitable Expenditure 75Yo Management and Administration 25% Resources expended are included in the Statement of Financial Activities on an accruals basis inclusive of any VAT. which cannot be recovered. 10
ComrNnity Regeneration Outreach Projects Lited Charty Reg. rnber. Company Reg. Number. 3715169 2 Inconyng Resources Cost Net incoming resources are after chargiYJ countsncy Depreciation wrttten of fixed assets 2021 2020 3. Direct Charitable Expenditure General Restrlcted 2021 Total 2021 Total 2020 Communty Centre Costs £11.575 £3.858 £15,433 £22.990 £11.575 £3,858 £15,433 £21990 4.Trustees' Renwneration and Benefits There were no trustees, remuneration or other benefts for the year er¥Jed 31 Varch 2021 nor for the year ended 31 Varch 2020. Trustees, expenses There were no trustees. expenses paid for the Far ended 31 fv•arch 2020 nor for the year ended 31 Vorch 2019. 5. Staff Costs 2021 £5,940 2020 £12.508 Wages and Salaries The average nwnber of employee's during the sear was as foll$: 2020 Full time Part time 11
Community Regeneration treach Projects Limited Charity Reg. Nunber: Cornpary Reg. Nwnber. 1085090 3715169 6. Tangible Fixed Assets Cost KGP Centre Fixtures & Fittings Total At 1st April 2020 Additions £457,408 £18.492 £475,900 At 3181 March 2021 £457.408 £18.492 £475,900 Depreciation At 151 April 2020 Change of ar £457.408 £18,492 £475,900 At 31 $1 March 2021 £457,408 £18,492 £475,900 Net Book Amount As at 31$t March 2021 As at 31st March 2020 12
Community Regeneration thtreach Projects Limited Charity Reg. Number. Company Reg. Number. 1085090 3715169 7. Movement in Funds At 114r20 Net movemert in futKIs A114r21 Unrestricted Funds Ger£ral furd £10.125 -£6,837 £3,288 Re3trictsd fvnds TOTAL FUNDS £10.125 -£6,837 £3.288 Net movement in fillKJs, irtlLKJed in tre aboNp are as folbws.. OrnIrg Resources Resources E>perKled m0Ment in Funds Unrestricted Funds GerEral fur¥J £4.739 £11.575) -£6.837 Restricted fvnds £28.391 £3,858) £24.533 TOTAL FUNDS £33.130 £15,433) £17,696 8. Ultimate Controlling Party charity was urKler tre control ofthe trustees. wtrv) are also directors of ttE company thrO(trut ttE sear. 13
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 Detailed Statement of Financial Activities Incoming Resources Investment Income Deposit account interest £5 Incoming Resources From generated Funds Room Hire and Refreshments Events kncome Voluntary Ir£ome £4.554 £0 £180 Incoming Resources From charitable activities GrantslProjectslRestricted £28,391 Totsl Incoming ReSoUrS £33,130 14
Community Regeneration Outreach Projects Limited Charity Reg. No: Company Reg. No: 1085090 3715169 Expenditure Clrect (ritab Management & Admin 1484.90 0.00 1427.29 0.00 286.45 0.83 210.20 0.00 276.56 0.00 172.26 Total Staffin9 salaries Funding Bid$ 111ty1WprkShOp ¢o$ts Rates 4454.70 £5,940 £0 £5.709 £0 £1.146 £3 £841 £0 £1,106 £0 £689 0.00 4281A7 Insurance 85924 Print. pos1& stat. T*1. 2.48 630.61 Pa011 admin Lighl & heat Rep & Ren. Sundry 0.00 829.87 516.79 11575A6 3858.49 £15.434 15