## **Trustees’ Annual Report for the period**
## **From 1.4.2021 Period start date To**
## **31.3.2022 Period end date**
## **Charity name: Realife Trust**
## **Charity registration number: 1088751**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To provide support to people with
a learning difficulty and/or other
personal impairment, in terms of
advice, information, training,
education, direct assistance,
advocacy and any other
intervention to enable them to
live a full life in their chosen
community.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|Our main activities this year have been:
1. Funky Flamingo clubnights
2. Reception Direct office service
3. Greenstage arts and music
4. Care and Treatment reviews with
Inclusion East and NHS England
5. WellbeingCentreproject|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees receive emailed copies of
Charity Comission guidance sent to our main
email address. Any specific new guidance
that has a bearing on the work of Realife
Trust is discussed in committee meetings
although there have been no specific
briefings deemed to be necessary for this
year|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
||||
|---|---|---|
|Contribution made by
volunteers|Para 1.38|Realife Trust is run by and for the people
who use our services and relies on unpaid
volunteers for all core services.|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Our main development up to March 2022
has been the development of our proposed
Wellbeing Centre at Orwell House
Our Reception Direct project at Orwell
House Enterprise Centre usually provides
disabled people with work experience on
reception and in the post room but Covid
caused us to stop that part of our service,
remaining open for covid safe activities by
phone, Zoom and Teams.
Our arts and music projects include the
quarterly Funky Flamingo club for people
with a learning disability; and Greenstage
outside concerts and music events have all
been on hold during the covid lockdown|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|Realife has benefited from expert leadership
and guidance from our Finance and Office
Manager, dealing with historical
overspending and accruing a small
operational surplus|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Following recommendations by the
accountants in 2006, Realife adopted a
maximum 50% of annual turnover reserves
policy and is working on a fundraising plan
to achieve that by 2020. This commitment is
secondary to our primary purpose to ensure
that people who use our services come first
and we will seek to make up deficits by
additional contracting, fundraising and grant
applications to meet changing needs.
At present Realife has no reserves with
legal freelance notice periods set by each
specific contract or grant. Any surplus in the
annual accounts is made up of restricted
funding received in advance of services to
be provided.|
|Amount of reserves held|Para 1.22|Nill|
|Reasons for holding zero
reserves|Para 1.22|Realife remains committed to building a solid
reserves figure but is also focused on
running sustainable, volunteer led projects
that work on a break even basis and does
not prioritise fund raising for general
purposes|
|Details of fund materially in
deficit|Para 1.24|No funds currently in deficit|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Realife has gone over to a year on year
contract with Cambridge City Council.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Funding this year was split between grants
and donations and a contract with
Cambridge City Council to provide the
Reception Direct service at Orwell House|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Not applicable as we do not have surplus
funds to invest. We own a small house in
Spain as a rest and recouperation facility
which will need some investment in the
coming financial year.|
||||
|---|---|---|
|A description of the principal
risks facing the charity|Para 1.46|The main risks currently facing Realife are to
do with our new year on year contract with
Cambridge City Council.|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed,royal charter)|Para 1.25|Registered Charity and Company limited by
guarantee standard documentation|
|How is the charity
constituted?
(e.g unincorporated
association,CIO)|Para 1.25|Registered Charity and Company limited by
guarantee|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed largely from the
volunteer group or from partner agencies
involved in our work. Trustees can be
recommended and proposed by any
member of the Realife team and have to be
approved at a Trustees meeting.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charityname|Realife Trust|
|---|---|
|Other name the charityuses||
|Registered charitynumber|1088751|
|Charity’s principal address|Orwell House
Cowley Road
Cambridge
CB4 0PP|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Tony Phillips||||
||Joanna Hough||||
||Mark Brookes|Chair|||
||||||
||||||
Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)**
Nick Smith
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Tony Phillips
**----- Start of picture text -----**
Trustee
Date
06.10.2021
**----- End of picture text -----**
**REGISTERED COMPANY NUMBER:04099012 (England and Wales) REGISTERED CHARITY NUMBER: 1088751**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR**
**REALIFE TRUST (LIMITED BY GUARANTEE)**
Realife Trust Orwell House Cowley Road Cambridge CB4 0PP
## **REALIFE TRUST (LIMITED BY GUARANTEE)**
## **CONTENTS OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
||Page|
|---|---|
|Report of the Trustees|2|
|Detailed Statement of Financial Actvites|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5|
1
## **REALIFE TRUST (LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees who are also the directors of the charity for the purposes of the Companies Act 2006, present their report within the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
04099012 (England and Wales)
## **Registered Charity number**
1088751
**Registered Office** Orwell House Cowley Road Cambridge Cambs CB4 0PP
## **Trustees**
J Hough M Brookes
**Company Secretary** T Phillips
## **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.
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 16.09.2022 and signed on its behalf by:
……………………………. Tony Phillips **Co Secretary**
2
## **REALIFE TRUST (LIMITED BY GUARANTEE)**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOMING RESOURCES**|**2022**||**2021**||
|---|---|---|---|---|
||**£**||**£**||
|**Voluntary income**|||||
|Donatons and Grants|0||2545||
|Incoming Resources from charitable actvites|32266||30880||
|Total Incoming Resources|**£32266**||**£33425**||
|**RESOURCES EXPENDED**|||||
|**Charitable actvites**|||||
|Charitable actvites support (Freelance)||18997||17970|
|Development services|5891||0||
|Event Costs|0||0||
|Rent, rates, and water|4371||4540||
|Insurance|383||379||
|Postage and statonery|447||1012||
|Sundries – repairs and maintenance|398||221||
|Motor, travel, and subsistence|112||328||
|Grants|0||250||
|IT / Telephone costs|811||1056||
|Training and Staf Welfare|0||0||
|Subscriptons|70||30||
|Bank interest and charges|0||0||
|Loan repayments|0||3100||
|**Governance costs**|||||
|Accountancy|0||0||
|Legal and Professional|0||0||
|**Total resources expended**|**£31480**||**£28886**||
|**Net Income**|**£786**||**£4539**||
NB. The statement of financial activities has been prepared on a cash accounting basis.
3
## **REALIFE TRUST (LIMITED BY GUARANTEE)**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|BALANCE|SHEET|
|AT|31|MARCH|2022|
|Notes|2022|2021|
|£|£|
|FIXED ASSETS|
|Tangible assets|1|17850|17850|
|CURRENT ASSETS|
|Debtors|2|340|467|
|Cash at bank|8780|7994|
|26970 26311|
|CURRENT LIABILITIES|
|Creditors|3|(75)|(1592)|
|Prepayments|4|(1976)|0|
|NET CURRENT ASSETS|24919|24719|
**----- End of picture text -----**
## **NET CURRENT ASSETS**
## **Notes:**
1. Represented by the donation of a freehold property in Spain valued at £17850 (29.1.2018). No opportunity to re value due to Covid-19 travel restriction.
2. Overdue Virtual Tenants PO Box invoices £340 (paid after 1[st] April 2022).
3. City Council invoice for room hire Feb invoiced March (DD paid 19th April 2022)
4. Prepayments £1976 - April Reception contract income £1521 (received 25th March 2022) + £455 April invoice for Room 2 Claire Grazier (received 21st March 2022)
## **Exemption from Audit statement:**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
4
- (A) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (B) preparing financial statements which give a true 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 accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on 16.09.2022 and were signed on its behalf by:
……………………………… Tony Phillips **Co Secretary**
5
**REALIFE TRUST (LIMITED BY GUARANTEE)**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **ACCOUNTING POLICIES**
## **Accounting Convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources and resources expended**
All income and expenditure is accounted for on an income and expenditure basis. Expenditure and expenditure has been classified under the 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 the resources.
## **Fixed Assets**
There are no fixed assets to address.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities. Deregistered for VAT 2019.
## **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 charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees’ remuneration or other benefits for the year ended 31 March 2022.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2022.
## **Realife Trust Accounts April 2021 – Mar 2022**
## **Exemption from Audit statement:**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2022 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 comply with Sections 386 and 387 of the Companies Act 2006 and
- (B) preparing financial statements which give a true 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 accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on 16.09.2022 and were signed on its behalf by:
…………………………
…… Tony Phillips **Co Secretary**
## **REALIFE TRUST**
## **(LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **ACCOUNTING POLICIES**
## **Accounting Convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources and resources expended**
All income and expenditure is accounted for on an income and expenditure basis. Expenditure and expenditure has been classified under the 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 the resources.
## **Fixed Assets**
There are no fixed assets to address.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities. Deregistered for VAT 2019.
## **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 charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees’ remuneration or other benefits for the year ended 31 March 2022.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2022.