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 2023 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 2023 Page Report of the Trustees Detailed Statement of Financial Activities Balance Sheet Notes to the Financial Statements 2 3 4 5 1 REALIFE TRUST (LIMITED BY GUARANTEE) ## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 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 2023. 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 Ofce 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 09.06.2023 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 2023|||| |INCOMING RESOURCES|2023||2022|| ||£|||£| |Voluntary income||||| |Donatons and Grants|4948||0|| |Incoming Resources from charitable actvites|33966
|32266||| |Total Incoming Resources|£38914
|£32266||| |RESOURCES EXPENDED||||| |Charitable actvites||||| |Charitable actvites support (Freelance)|19722
|18997|Development services|| |2935|5891|||| |Event Costs|919||0|| |Rent, rates, and water|4695||4371|| |Insurance|392||383|| |Postage and statonery|255||447|| |Sundries – repairs and maintenance|1424||398|| |Motor, travel, and subsistence|76||112|| |IT / Telephone costs|882||811|| |Subscriptons|130||70|| |Governance costs||||| |Accountancy|0||0|| |Legal and Professional|0||0|| |Total resources expended|£31430
|£31480||| |Net Income|£7484||£786|| NB. The statement of financial activities has been prepared on a cash accounting basis. 3 **----- Start of picture text -----**
REALIFE TRUST
(LIMITED BY GUARANTEE)
BALANCE SHEET
AT 31 MARCH 2023
Notes 2023 2022
£ £
FIXED ASSETS
Tangible assets 1 17850 17850
CURRENT ASSETS
Debtors 2 822 340
Cash at bank 15889 8780
34561 26970
CURRENT LIABILITIES
Creditors 3 ( [5)] (75) Prepayments
4 (1657) (1976)
NET CURRENT ASSETS 32899 24919
Notes:
1.
Represented by the donation of a freehold property in Spain valued at £17850 (29.1.2018).
Revaluation to be done in the later part of 2023.
2. st
Overdue Virtual Tenants PO Box invoices £821.62 (paid after 1 April 2023).
3. th
City Council invoice for room hire March invoiced April £5 (DD paid 15 May 2023)
4.
Prepayments £1657 - April Reception contract income (received 29th March 2023)
Exempton 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 2023.
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The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2023 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. 4 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 09.06.2023 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 2023 ## ACCOUNTING POLICIES ## Accountng Conventon 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. ## Taxaton The charity is exempt from corporation tax on its charitable activities. Deregistered for VAT 2019. ## Fund Accountng 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 2023. ## Trustees’ expenses There were £76 trustees’ expenses paid for the year ended 31 March 2023. ## **Trustees’ Annual Report for the period** ## **From 1.4.202 Period start date To 31.3.2023 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. Wellbeing Centre project
6. Noisy People’s Improvisation Orchestra
7. Work on our property in Casarbonela, Spain following the covid restriction
years and Brexit changes – the property is to be used again for respite breaks
for families and individuals in the Realife network| |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 necessaryfor thisyear| ## **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 7 |||| |---|---|---| |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 continues to be the development of
our proposed Wellbeing Centre at Orwell House
New for this year has been the Noisy People’s Improvisation Orchestra –
multi arts project run by Fara Affifi
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|| 8 Other ## **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 2024. 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. The majority of our reserves
are already set against known projects for the 2023-24| |Amount of reserves held|Para 1.22|£9000| |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 notprioritise fund raisingforgeneralpurposes| |Details of fund materiallyin deficit|Para 1.24|No funds currentlyin deficit| |Explanation of any uncertainties about the charity
continuingas agoingconcern|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: |You maychoose 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||| 9 ## **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.gunincorporated 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** |**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person (or body) entitled to appoint trustee (if**
**any)**| |---|---|---|---| 10 |1
2
3
4
5|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 wholeyear**|| |---|---|---| |||| |||| |||| |||| |||| |||| |**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||| 11 ## **Additional information (optional)** **Names and addresses of advisers (Optional information) Type of adviser Name Address 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** 12 ## **Declarations** **----- Start of picture text -----**
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
Trustee
Date
09.06.2023
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