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2021-03-31-accounts

Company Number 4146490 Charity Number 1087134

Regenerate.com

(A Charitable Company Limited by Guarantee)

www.regenerateuk.co.uk

Trustees’ Report and Financial Statements 31[st] March 2021

Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

The trustees, who are also directors for the purposes of company law, present their report and accounts for the year ended 31[st] March 2021. The accounts comply with the requirements of the Companies Act 2006, the Charities Act 2011, the Memorandum and Articles of Association, Financial Reporting Standard 102 and follow the recommendations in 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 (FRS 102) (effective 1 January 2015).

Public Benefit

The trustees have had due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake. The remainder of this report illustrates the activities undertaken to support the public benefit requirement.

Reference and Administrative Information

Charity Name Regenerate.com

Charity Number

1087134

Company Number

4146490

Charity Trustees

Mrs Lisa Jones Mr Rodney Jenkins Mr Barnabas Lee Mr Andrew Chisholm Mr James Taylor

Charity Patrons

John Bird MBE Tracy Edwards MBE

Registered Office and Principal Address

Ashburton Youth Club Westleigh Avenue Putney LONDON SW15 6XD

Bankers

Barclays Bank plc CAF Bank Ltd Leicester 25 Kings Hill Avenue LE87 2BB Kings Hill West Malling Kent ME19 4JQ

Independent Examiner

Eric Southwick BA (Hons) FCA FCIE DChA Eric Southwick & Co Chartered Accountants 51 The Avenue Seaham Co Durham SR7 8NS

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Structure and Organisation

Organisation

The organisation is a charitable company limited by guarantee, incorporated in England and Wales on 23[rd] January 2001 and registered as a charity on 25[th] June 2001. The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company which is governed in accordance with its Articles of Association which have been amended by special resolution on 11[th] June 2001 and 4[th] November 2008. In the event of the company being wound up members are required to contribute an amount not exceeding £1. The charity is managed by the trustees who meet regularly to consider the progress of the charity and to consider its future direction and activities. The day-to-day operation of the charity is delegated to the senior management who are supported by the other members of staff.

Trustee Appointments

The charity aims to recruit trustees who have the requisite business and sector specific experience to be able to direct and manage the affairs of the charity.

The Trustees are appointed by the members in the Annual General Meeting and by the Trustees between meetings. The number of Trustees should be between three and nine.

All trustees are required to participate in an induction and training programme at the start of their term. Most Trustees are already familiar with the work of the charity having been involved with it prior to taking up their appointment. Additionally, new Trustees are invited and encouraged to meet with senior management and staff to gather further insights into the work of the charity.

Risk Management

The Trustees have conducted their own review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety and all other relevant regulations affecting staff, volunteers, clients and visitors of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

COVID-19

Since March 2020, the COVID-19 pandemic has brought unexpected change to Regenerate. Trustees and staff have worked hard to identify and manage risks to services and funding. Through this hard work and dedication, services have continued (in a modified and compliant manner) and additional funding has been raised to provide new services in support of the charity's objectives and to meet the immediate needs of its community. Although the outlook for funding from regular sources in the long term is uncertain, Regenerate looks well placed to continue to further support its beneficiaries and to manage and adjust as needed to any future challenges as a result of COVID. The Trustees and Management continue to see Regenerate as a going concern.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Objectives and Activities

Charitable Objects

The charity has the following objects:

Faith Ethos Statement

Regenerate is inspired by the Christian faith and seeks to run projects that express its values. At the core of this is a commitment to be inclusive, open and non-discriminatory to staff, volunteers and service users of all faiths and those of none.

Mission & Objectives

Regenerate was registered as a charity in June 2001. Its charitable objectives are set out in its governing document and these underpin its operational objectives. The trustees have ensured that the activities of the charity are in line with guidance from the Charity Commission in regard to public benefit.

Regenerate’s vision is to create opportunities for young people to thrive .

Regenerate inspires and supports young people by building strong, lasting relationships and creating life changing opportunities; helping them grow in confidence, make the best of their lives and impact the world for good.

Regenerate is a youth charity established to work with young people who live on housing estates in Roehampton and Putney and surrounding areas.

Our impact

Regenerate seeks to impact society by seeing hundreds of young people from Roehampton, Putney and its surrounding areas living in safer communities, having good mental health and a positive sense of wellbeing, developing healthy relationships with their families and their communities, find rewarding employment and ways to give back to society - creating a community that thrives.

Our Values

Regenerate is …

Who we work with:

We work with young people who are:

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Michael age 20

I have learnt a variety of skills, I’ve learnt to be mature, to be respectful, to be ready and assertive and ways to cope in fast paced situations.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Regenerate’s Journey of Change

Regenerate works with each young person to identify which service would benefit them the most. Many are introduced to Regenerate through 1) Get Connected initiatives and then move through the services: 2) Get Active, 3) Get Focused, 4) Get Working and 5) Get Leading . Some join Regenerate at different points of the journey. Regenerate aims to support each young person as they take part in different services and move into adult life.

Regenerate’s Outcomes:

The services measure the following five outcomes to measure the progress a young person makes to ultimately gain employment and contribute positively to society.

Regenerate works primarily on the Alton and Ashburton estates. In the last 12 months Regenerate has reframed its strategic aims which are:

  1. To build strong relationships with young people by providing activities and adventures as well as support to their families, enabling them to take opportunities and positive action in their lives.

  2. To provide mentoring, coaching and counselling for young people who want extra support to progress in their lives; helping them develop life skills and grow in confidence to pursue their goals and future aspirations.

  3. To provide employment at Regenerate through the Social Enterprise The Feel Good Bakery which supports young people who are exiting gangs or prison or who are not in employment or education. This provides a safe space for young people to learn professional

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

skills and behaviour, gain experience in the workplace, and develop their aspirations for the future, supporting them into long-term employment, education or training.

Kamare Age 14

"I like being able to come here and work on my bike with a youth worker. It's cool being able to choose what the workshop will look like with my mates"

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Achievements in 2020/21:

  1. Regenerate worked with 217 young people on regular basis (on average twice a month over the year).

  2. 75% of those that attend our Get: Connected, Active, Focused activities on a regular basis demonstrated an overall improvement against measured outcomes.

  3. 100% of those who attend our Get Working and Get Leading programs demonstrated an overall improvement against agreed outcomes.

SERVICE
AREA		 Young
people
attending		 What we have done…
Get
Connected		 401 Get
Connected
includes
activities
that
connect
Regenerate’s service to the wider community. This year
there were 10,155 community interventions for 401
young people and their families. These activities
includedThe Roehampton Community Box andYouth
Drop in sessions.
Roehampton Community Box:
Established on the 7th April 2020 as an immediate response
to food poverty exacerbated by the COVID-19 crisis and
lockdown measures, the Roehampton Community Box
project has provided over 10,000 food and activity boxes
(reaching a peak of 325 families per week). The food boxes
have provided approximately 100,000 meals (estimated 10
meals per box) for 1200 people (estimated 4 people per
household).
We provided an additional Christmas Hamper for 240 families
with Christmas food supplies and additional children’s
activities including books, toys and games.
The Roehampton Community Box has worked in partnership
with 12 schools, nurseries and youth groups in the delivery of
the project to ensure that the families most in need of food
support are being reached. The majority of families reached
have been from the Alton, Ashburton and Lennox estates
although we have reached some families in Southfields,
Wandsworth and Battersea through connections with
schools.
We have engaged over 50 volunteers in the weekly running
of this programme.
The Roehampton Community Box has been possible due to
partnerships with food providers including Fareshare,
Warburtons and the Wimbledon Dons Foundation. We have
also
partnered
with
charities
Rackets
Cubed
and
Growhampton - a Roehampton University Student’s Union
initiative - growing organic fruit and vegetables in
Roehampton.
Youth Drop-in sessions:
During the first lockdown (April – July) Regenerate hosted
online connection points for young people through our social

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

media accounts and ZOOM meetings. We ran a weekly
program which included challenges young people could do at
home, online cooking workshops and hang-outs with youth
workers.
In August Regenerate opened up for face-to-face working
with young people and hosted a summer programme. From
September 2020 - March 21 we continued to work face-to-
face with young people and hosted an average of 3 youth
drop-in sessions per week for 21 weeks.
Young people would book into sessions to come to youth
centres, meet friends and youth workers as well as to use
facilities such as pool, table tennis, gaming consoles and take
part in sports activities outside.
Get Active 157 TheGet Active team facilitated 1443 interventions for 157
young people through a variety of workshops for young
people both online and face to face. These included:
Sports:Football with ‘Chelsea Kicks’ took place three
evenings a week, as well as basketball, gym training, yoga,
self-defence and boxing.
Cooking:Meals were made and shared at each session with
young people - representing their culture and learning how to
cook on a budget.
Community Kitchen:Weekly recipes and ingredients were
prepared by young people and sent to families who received
the community box.
Bike workshops:Bike workshops were hosted for young
people to learn how to fix and maintain their bikes, and
Regenerate Garage was transformed into a bike workshop
area to host this.
Arts & Music:Textiles workshops, song writing workshops
and music production sessions took place.
Education, Employment and Training (EET) support:CV
workshops and job searching sessions.
Trips and outings:Trips took place to places such as a
Water Park, weekly walks around Richmond park and
adventures to Box Hill in Surrey.
75% of young people involved in the programme
improved their teamwork skills, gained access to
education and employment opportunities and created
positive goals.
Get Focused 28 TheGet Focused mentoring programme worked with 28
young people across 145 interventions, which included
online and face-to-face (1:1) mentoring in schools and in
the community, group mentoring and counselling for
children and young people between the ages of 10-17
years old.
When we went into the first national lockdown, our response
was to identify the most at-risk young people and to ensure
they were offered 1:1 virtual mentoring on a weekly basis
throughout lockdown. We also provided weekly support on
our social media pages for other young people based on the
5 steps to mental well-being, as identified bythe NHS.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Group work:
Get Focused hosted 2 mentoring groups, a transition group
for year 7 students and a Well-being group for year 9 boys
centred around outdoor activities. There were 12 young
people that engaged with group mentoring sessions.
Mentoring 1:1:
One-to-one mentoring was based online and when allowed,
we switched to outdoor face-to-face work. Many of the 1:1
sessions involved walks with take away meals, so that young
people were able to exercise and also eat with their mentee
in the middle of lockdown which was an incredibly restrictive
time for them. There were 16 young people who received
weekly one-to-one mentoring sessions, both online and in
person.
Counselling:
Due
to
lockdowns,
the
counselling
service,
with
psychotherapist Amina Ispahani, (www.mytalkingspace.org)
wasn’t able to deliver counselling in schools as planned, we
were still able to offer this service to young people online.
75% of young people attending Get Focused have shown
an increased confidence, created positive goals, and
improved communication skills.
Get Working 11 Get Working facilitated 264 mentoring interventions for
the 11 young people employed throughThe Feel Good
Bakery social enterprise.
The Feel Good Bakery
Regenerate’s social enterprise takes the form of a coffee cart
business called_The Feel-Good Bakery_. This supports, trains
and employs young people, helping them to develop life skills
that prepare them for the workplace and enhance future
prospects.
Another amazing aspect about_The Feel Good Bakery_is that
we partner with grassroots organisations in Romania and
Kenya that support children living in poverty. When a
customer buys a sandwich or a coffee, they are buying a meal
for one of these children.
Due to the challenges of COVID-19_The Feel Good Bakery_
pivoted to become a Coffee Cart business which also sold its
quality sandwich product. We purchased and converted a
Tuk Tuk into a coffee cart which operated in Putney during
the summer and then a converted Horse box which then
opened in Battersea during the winter months. This employed
11 young people who have been trained as coffee baristas.
On the carts they gain invaluable customer service skills.
They also receive mentoring support to access next steps to
employment, and training to help facilitate personal growth.
100% of TFGB team members have shown improved
confidence, teamwork skills and increased access to
further employment opportunities.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Get Leading 24 Get Leading is for adults aged 18-30 from the local area
who want to make a difference in their community and
develop as leaders. This year 24 young people took part
in training and initiating/supporting new community
projects.
Supporting and volunteering at Community projects:
Members of the Get leading group volunteered with
Roehampton community box, delivering boxes to 300
families each week through lockdown and afterwards some
carried on.
Fundraising adventure
In August one group from Get leading supported a
fundraising bike ride around the south coast from London to
Brighton (the long way round) raising just over £10,000 for
our get working employment program.
Equality Diversity and Inclusion working group
A group took part in shaping Regenerate’s EDI strategy in
response to the death of George Floyd and_Black Lives_
Matter_protests. Feedback from the group and Regenerate
stakeholders demonstrated the desire to ensure Regenerate
is fostering an inclusive culture at all levels of the
organisation. The group have successfully designed
Regenerate’s EDI policy which they are now helping to
implement.
In the loop initiative:
Regenerate has helped to facilitate coaching for one member
of the_Get leading_group to start a music industry program to
support
under-represented
young
adults
to
access
opportunities in the music business called_In The Loop -
working alongside leading professionals in music industry.
80 % of those involved in the programme showed
increased confidence, improved teamwork skills, and
increased their activity in social action opportunities.
The total
number of
young
people
worked with
regularly		 221 Over the year Regenerate worked with 221 different young
people on a regular basis (on average twice a month). Many
of these young people took part in a variety of Regenerate’s
services.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Goals met in 2020/21

Staff and Volunteers Development & HR

Services

Isaac age 16

“ I volunteered for the community box as I want to make a difference in my community.”

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Organisational Goals for 2021/22

Staff and ●Ensure all staff have an active training and development
Volunteers budget (5% of staff costs), front line staff progress in Executive
Development &
function coaching skills and all staff complete Equality
HR Diversity and Inclusion training requirements outlined by EDI
strategy i.e expand the leadership team, increasing the
diversity of thought and our overall diversity impact.
●Increase TFGB General Managers and TFGB Operation
Managers capacity by 20%.
Recruitment ●Recruit an Operations administrator
●Recruit a youth worker 14 hours p/w to support Get Active / a
youth mentor 21 hours p/w to support Get focused, plus X4
youth work / youth mentor volunteers.
●TFGB recruitment (20 new TFGB team members, 2
supervisors and 1 coach)
●Recruit a communications & grants officer F/T or 2 x P/T
positions
●Recruit for Finance and Facilities function. P/T TB
Facilities ●Redesign website
●Purchase coffee cart number 4
Reporting ●Complete Salesforce development for Fundraising and
financial reporting, and integrate marketing tool ie. Mailchimp.
Fundraising ●Deliver fundraising plan for the charity focusing on the three
giving streams: Organisations / Individual fundraising /
Community Fundraising.
Services ●Deliver agreed service plan and meet targets plus

Service targets 21/22:

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Get Connected 2,212*
Get Active 187*
Get Focused 106
Get Working 30
Get Leading 24**
Total 2,559
Total Individual number of
regular YP		 243

Roehampton Community Box

10,000 Community boxes have been delivered to 325 families providing approximately 100,000 meals for 1200 people in Roehampton affected by food crisis caused by COVID-19.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Principle Funding Sources

Funding for the charity is currently sourced from a number of grant-giving bodies, churches and other organisations, as well as individual donors and fundraising events. The trustees are keen to maintain the diversity of funders to help sustain the charity. This year Regenerate has developed a fundraising strategy, which seeks to invest resources to focus on raising funds from the following groups:

  1. Organisations (incl. grant giving bodies, corporate businesses, statutory organisations and churches)

  2. Individual giving (incl. monthly giving, gifts, and campaign appeals)

  3. Community Fundraising (incl. community pursuits, and Regenerate events).

Hayfa, aged 24

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Thank you

We would like to thank all organisations, grant-giving bodies and churches for their continued financial support and partnership this year, for which we are very grateful. These include: Aquila Family Trust, Ark Putney Academy, BBC Children in Need, Bernard Sunley Foundation, Brownlee Charitable Trust, Carney’s Community, Charities Aid Foundation, Co-op Foundation, Citi Foundation, City of London, City Bridge Trust, Dons Local Action Group, Duvollet Charitable Trust, The East End Family Trust, ES Save London Lives, GC Gibson Charitable Trust, Edward Gostling Foundation, Garfield Weston Foundation, The Generations Foundation, Gibson Trust, Global Make Some Noise, Granard School, Heathmere School, Holy Trinity Barnes, Jack Petchey Foundation, Laing Family Trust, Leigh Trust, Leathersellers Charitable Trust, Leavers Family Trust, Lloyds Bank Foundation, London Borough of Wandsworth, London Community Foundation, The Michael and Betty Little Trust, Pest House Putney, Phoenix Community Care, Pickwell Foundation, Poor Servants of the Mother of God, Porticus UK, Putney Exchange, Putney Parish Action, Rackets Cubed, Richstone Properties, Roehampton Club, Roehampton Parish Trust, Roehampton Students’ Union, Necessity Charitable Trust, St James Place, St Mary's Church Battersea, St Mary’s Church Putney, St Michael’s Church Southfields, St Peter’s Battersea, The Swire Charitable Trust, Tabhair, Tom ap Rhys Pryce Memorial Trust, Vintners Charitable Foundation, The Wimbledon Foundation, Youth Endowment Fund, Connections In Mind.

We are also extremely grateful to the many individuals who regularly support us with their time, knowledge and financial donations. We would also like to thank the residents and communities of Roehampton and the other areas in Wandsworth that we work with for their support and contribution to the work.

London to Brighton Bike Ride (the long way round)

The Get Leading group & friends raised over £10,000 on the bike ride from London to Brighton

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Reserves Policy

The trustees consider that it is appropriate to hold free reserves in a general fund amounting to in excess of three months of average expenditure. At 31st March 2021 out of free reserves of £235,510, the general fund increased to this level, £130,799 (2020: £55,533)

Governance

The following have served as trustees for the year: Lisa Jones (Chair) Rodney Jenkins, Barny Lee, Andy Chisholm and James Taylor.

Responsibilities of the Trustees

Charity law requires the trustees to prepare financial statements for each financial period, which show a true and fair view of the state of affairs of the charity and its financial activities for 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. 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.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part VII of the Companies Act 2006.

Signed on behalf of the trustees

Mrs Lisa Jones

Date: 15[th] October 2021

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Independent Examiner’s Report to the Members of Regenerate.com

I report on the accounts of the company for the year ended 31[st] March 2021, which are set out on pages 18 to 25.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given 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 any such matters. The procedures 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 out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Eric Southwick BA (Hons) FCA FCIE DChA Eric Southwick & Co Charity Accountants 51 The Avenue Seaham Co Durham SR7 8NS Date: 20[th] October 2021

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31[st] March 2021

Notes Unrestricted
funds		 Restricted
funds

Total
funds 2021

Total
funds 2020
£ £ £ £
Income and endowments from:
Donations and legacies 3 326,858 497,910 824,768 509,972
Other trading activities 4 39,566 - 39,566 52,929
Investments 5 2,768 - 2,768 2,479
Other incoming resources 2,188 - 2,188 -
Total 371,380 497,910 869,290 565,380
Expenditure on:
Raising funds 6 17,272 - 17,272 31,695
Charitable activities 7 174,131 400,948 575,079 479,763
Total 191,403 400,948 592,351 511,458
Net income/(expenditure) 179,977 96,962 276,939 53,922
Net movement in funds 179,977 96,962 276,939 53,922
Reconciliation of funds
Total funds brought forward 55,533 185,526 241,059 187,137
Total funds carried forward 12 235,510 282,488 517,998 241,059

The notes on pages 20 to 25 form part of these accounts.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Company Number: 2370795 Balance Sheet As at 31[st] March 2021

Notes
Fixed Assets
Tangible assets
9
Total fixed assets
Current assets
Debtors
10
Cash at bank and in hand
Total current assets
Current Liabilities
11
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
12
Unrestricted income funds
12
Total unrestricted funds
Total charity funds
Creditors: Amounts falling due within
one year		 £
55,889
401,186
457,075
42,713
235,510		 £
£
£
103,636
34,844
103,636
34,844
46,404
181,038
227,442
21,227
414,362
206,215
517,998
241,059
282,488
185,526
55,533
235,510
55,533
517,998
241,059
2020
2021

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime

For the year ended 31[st] March 2021the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

The accounts were approved by the trustees and signed on their behalf by:

Mrs Lisa Jones

Date: 15[th] October 2021

The notes on pages 20 to 25 form part of these accounts.

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Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Notes to the accounts

1 Accounting policies

2 Taxation

The charity is exempt from taxation on its income and gains where they are applied for charitable purposes. Irrecoverable VAT is included in the cost of the goods or services on which it was charged.

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Regenerate.com Trustees’ Report and Financial Statements 31

[st] March 2021

Notes to the accounts (Continued)

3 Income and endowments from: Donations and legacies

£
Gifts and donations
61,961
Grants:
Alma Road
1,000
Aquila Family Charitable Trust
25,000
ASDA
-
Barleycorn Trust
-
Bernard Sunley
-
Charities Aid Foundation
20,780
Charles Irving
-
Children in Need
-
Citi Foundation
9,872
City of London
-
Co-Op Foundation
5,064
Duvollet Charity
-
Edward Gostlin Trust
5,000
Garfield Weston
30,000
G C Gibson Charity
4,000
Generations Trust
25,000
Global MSN
-
29,232
Holy Trinity Church, Barnes
3,874
Jack Petchey Foundation
-
James Finlay Ltd
-
James Thornton DAF Hoare
Trustees
-
Kusuma Trust
-
Leathersellers Company
Charitable Trust
10,000
Leaver Family Trust
2,000
Lloyds Charities Trust
15,000
M B Little Trust
-
NHS CCG
-
Pest House
2,500
Poor Servants of Mother of God
1,000
Porticus
-
Putney Parish Action Fund
-
Rackets Cubed
-
RFB
-
Roehampton Club
-
Roehampton Trust
-
Shanley Trust
-
Sir Walter John Ed Trust
-
St James Place Charitable Foundation
-
St Mary's and All Saints, Putney
4,242
St Michael's Church, Southfields
6,000
St Peter's Church, Battersea
1,800
The Shed
-
Swire Charitable Trust
15,000
Tabhair Charitable Trust
-
The Holbeck Charitable Trust
-
The Joseph Rank Foundation
-
The Leigh Trust
-
-
The Lottery
-
The Wimbledon Foundation
-
Tom Ap Rhys Pryce
4,000
Tom Ap Rhys Trust
-
Van Scrappage Scheme
-
Vintners Company
5,000
Wandsworth Council
35,000
Youth Endowment Fund
-
4,533
Total
326,858
The London Community Foundation -
Evening Standard Award
HMRC Coronavirus Job Retention Scheme
Other - Grants below £1,000
Unrestricted
funds		 £
Gifts and donations
61,961
Grants:
Alma Road
1,000
Aquila Family Charitable Trust
25,000
ASDA
-
Barleycorn Trust
-
Bernard Sunley
-
Charities Aid Foundation
20,780
Charles Irving
-
Children in Need
-
Citi Foundation
9,872
City of London
-
Co-Op Foundation
5,064
Duvollet Charity
-
Edward Gostlin Trust
5,000
Garfield Weston
30,000
G C Gibson Charity
4,000
Generations Trust
25,000
Global MSN
-
29,232
Holy Trinity Church, Barnes
3,874
Jack Petchey Foundation
-
James Finlay Ltd
-
James Thornton DAF Hoare
Trustees
-
Kusuma Trust
-
Leathersellers Company
Charitable Trust
10,000
Leaver Family Trust
2,000
Lloyds Charities Trust
15,000
M B Little Trust
-
NHS CCG
-
Pest House
2,500
Poor Servants of Mother of God
1,000
Porticus
-
Putney Parish Action Fund
-
Rackets Cubed
-
RFB
-
Roehampton Club
-
Roehampton Trust
-
Shanley Trust
-
Sir Walter John Ed Trust
-
St James Place Charitable Foundation
-
St Mary's and All Saints, Putney
4,242
St Michael's Church, Southfields
6,000
St Peter's Church, Battersea
1,800
The Shed
-
Swire Charitable Trust
15,000
Tabhair Charitable Trust
-
The Holbeck Charitable Trust
-
The Joseph Rank Foundation
-
The Leigh Trust
-
-
The Lottery
-
The Wimbledon Foundation
-
Tom Ap Rhys Pryce
4,000
Tom Ap Rhys Trust
-
Van Scrappage Scheme
-
Vintners Company
5,000
Wandsworth Council
35,000
Youth Endowment Fund
-
4,533
Total
326,858
The London Community Foundation -
Evening Standard Award
HMRC Coronavirus Job Retention Scheme
Other - Grants below £1,000
Unrestricted
funds		 £
130,472
-
-
-
-
-
28,564
1,000
36,767
10,000
-
4,000
-
-
-
-
48,940
-
5,208
-
9,755
-
-
-
-
-
-
-
-
25,000
-
1,402
4,400
-
-
-
-
10,000
-
-
-
60,000
-
10,000
-
-
-
4,000
9,993
41,991
-
5,000
7,000
-
6,793
36,675
950
Restricted
funds		 £
£
192,433
163,067
1,000
-
25,000
-
-
1,000
-
1,000
-
5,000
49,344
-
1,000
-
36,767
54,355
9,872
-
10,000
-
5,064
-
4,000
4,000
5,000
5,000
30,000
20,000
4,000
4,000
25,000
25,000
48,940
-
29,232
3,874
4,391
5,208
29,670
-
1,000
9,755
10,000
-
10,000
10,000
-
2,000
-
15,000
-
-
60,000
-
10,000
2,500
-
1,000
1,000
25,000
25,000
-
4,218
1,402
-
4,400
-
-
1,098
-
5,000
-
1,000
-
1,500
10,000
-
4,242
4,323
6,000
5,000
1,800
1,800
60,000
-
15,000
1,000
10,000
5,000
-
2,500
-
10,000
-
2,000
4,000
18,545
9,993
-
41,991
-
4,000
-
5,000
-
7,000
-
5,000
-
41,793
8,835
36,675
-
5,483
4,670
824,768
509,972
Total
funds 2021
Total
funds 2020
326,858 497,910

21

Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Notes to the accounts (Continued)

4 Income and endowments from: Other trading activities

Unrestricted Restricted Total
Total
funds funds funds 2021 funds 2020
£ £ £ £
Fundraising events 39,566 - 39,566 52,929
ncome and endowments from: Investments
Unrestricted Restricted Total Total
funds funds funds 2021 funds 2020
£ £ £ £
Hire of premises 2,750 - 2,750 2,400
Bank interest 18 - 18 79
Total 2,768 - 2,768 2,479

5 Income and endowments from: Investments

6 Expenditure on: Raising funds

xpenditure on: Raising funds
Unrestricted Restricted Total
Total
funds funds funds 2021
funds 2020
£ £ £ £
Fundraising costs and fees 17,272 - 17,272 31,695
xpenditure on: Charitable activities
Unrestricted
Restricted
Total
Total
funds
funds
funds 2021
funds 2020
£ £ £ £
Charitable activities 174,131 400,948 575,079 479,763

7 Expenditure on: Charitable activities

The expenditure on charitable activities includes the Independent Examiners’ fees of £1,210 (2020: £1,175).

8 Trustee and employee information

No trustee received remuneration or was reimbursed expenses during the year.

No employee received emoluments in excess of £60,000 during the period (2020: nil). Employee costs during the period were as follows:

Salaries
Social Security
Pension Costs		 £
£
348,836
297,619
22,515
20,657
7,685
6,519
379,036
324,795
2021
2020

22

Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Notes to the accounts (Continued)

8 Trustee and employee information (Continued)

The average number of people employed during the period was 24 (2020: 19), the fulltime equivalent posts were as follows:

9 Fixed Assets
Administration and support
Charitable activities		 1
1
13
9
14
10
2021
2020
Cost
At 1 April 2020
Additions
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the period
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020		 £
20,363
13,972
Plant &
machinery		 Motor
vehicles
Total
£
£
43,139
63,502
89,365
103,337
132,504
166,839
10,784
28,658
30,430
34,545
41,214
63,203
91,290
103,636
32,355
34,844
34,335
17,874
4,115
21,989
12,346
2,489

Plant and machinery is depreciated at 25% per annum on a reducing balance basis, and Motor vehicles are depreciated at 25% per annum on a reducing balance basis. Items below £1,000 are not capitalised.

10 Debtors

Creditors: Amounts falling due within one year
Other debtors
Amounts owed by group undertakings and undertakings in which
the company has a participating interest
Trade creditors
Other taxes and social security
Other creditors and accruals
Deferred income		 £
£
34,775
29,703
21,114
16,701
55,889
46,404
2021
2020
£
£
4,573
2,439
10,375
8,024
24,038
8,186
3,727
2,578
42,713
21,227
2021
2020

11 Creditors: Amounts falling due within one year

23

Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Notes to the accounts (Continued)

12 Reserves

Restricted funds
Ashburton Refurbishment
Roehampton Community
Box
Get Active
Get Focused
Get Helping
Get Leading
Get Working - Capital
Get Working - Operating
as The Feel Good Bakery
Capital Fund
Unrestricted funds
General fund
Designated Projects Fund		 At 1 April
2020
£
24,847
-
21,242
-
30,102
8,835
38,000
62,500
-
185,526
55,533
-
55,533
241,059		 Incoming
resources
£
-
74,478
122,534
51,791
12,910
3,500
108,034
124,663
-
497,910
371,380
-
371,380
869,290		 Outgoing
resources
Transfers
At 31
March
2021
£
£
£
(16,556)
-
8,291
(43,622)
-
30,856
(134,085)
-
9,691
(33,691)
-
18,100
(25,571)
17,441
(12,335)
-
-
(25,239)
(75,719)
45,076
(109,849)
-
77,314
-
75,719
75,719
(400,948)
-
282,488
(191,403)
(104,711)
130,799
-
104,711
104,711
(191,403)
-
235,510
464,991
-
517,998

The Designated Projects Fund is for future projects to provide new opportunities for young people.

13 Analysis of net assets between funds

Restricted funds
Current assets
Unrestricted funds
Fixed assets
Current assets		 282,488
103,636
131,874		 £
£
282,488
185,526
34,844
235,510
20,689
517,998
241,059
2021
2020

24

Regenerate.com Trustees’ Report and Financial Statements 31[st] March 2021

Notes to the accounts (Continued)

14 Comparatives for the Statement of Financial Activities

Unrestricted Restricted
Total
funds funds funds 2020
£ £ £
Income and endowments from:
Donations and legacies 189,573 320,399 509,972
Other trading activities 52,929 - 52,929
Investments 2,479 - 2,479
Total 244,981 320,399 565,380
Expenditure on:
Raising funds 31,695 - 31,695
Charitable activities 193,530 286,233 479,763
Total 225,225 286,233 511,458
Net income/(expenditure) 19,756 34,166 53,922
Net movement in funds 19,756 34,166 53,922

15 Related Parties

The charity is the sole member of The Feel Good Bakery C.I.C., a social enterprise incorporated on 23[rd] June 2014. It continued to provide administrative and finance services for The Feel Good Bakery C.I.C. free of charge which the trustees consider to be a non-commercial transaction and raises money to meet certain other expenses through its The Feel Good Bakery fund.

16 Controlling Parties

The charity is controlled by the trustees.

17 Other information

The charity is a company limited by guarantee with its registered office at Ashburton Youth Centre, Westleigh Ave, Putney, LONDON, SW15 6XD.

25