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||||Reuse Network|Ltd.||
|---|---|---|---|---|---|
||||Contents|||
|Reference and Administrative
details||||||
|Trustees'
Report|||||2to 3|
|Statement ofTrustees'|Responsibilities|||||
|Independent
Examiner's||Report||||
|Statement of Financial|Activities|||||
|Balance Sheet||||||
|Statement of Changes|in|Reserves||||
|Statement of Cash Flows||||||
|Notes to the Financial|Statements||||10to 21|
##
||||||Reference and Administrative|Reference and Administrative|Reference and Administrative|details|
|---|---|---|---|---|---|---|---|---|
|CEO and Company|||Secretary||Mr CAnderson||||
|Commercial||Manager|||Ms H Jordan||||
|Network|Manager||||Ms D Covington||||
|Chair|||||Mr SCawley||||
|Treasurer|||||Mr M Wheatley|FCMA|||
|Othertrustees:|||||||||
||||||Ms A J Ward||||
||||||Mr M M Macleod||||
||||||Ms N M Peck||||
||||||Mr P J Everett||||
||||||Ms C Donovan||||
||||||Mr RWilliams||||
||||||Mr
IVITJeal (resigned||18th October 2023)||
||||||Ms Singram
(resigned||24th January 2023||
||||||Mr M Bertram (resigned 10th|||August 2023)|
|Company|Registration|||Number|04154818||||
|Charity Registration|||Number||1090824||||
|Registered|office and|||place of|48-54West Street||||
|business|||||Old Market||||
||||||Bristol||||
||||||852 OBL||||
|Independent||Examiner|||Corrigan Accountants||Limited||
||||||Chartered
Accountants||||
||||||25 King Street||||
||||||Bristol||||
||||||BS14PB||||
|Bankers|||||Natwest
Bank PLC||||
||||||14-16Haymarket||||
||||||Leicester||||
||||||LE13NT||||
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|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|2023|2022|
||Note|f|f|f|f|
|Income from:||||||
|Donations
and legacies||1,874|27,333|29,207|160,580|
|Charitable
activities||270,715||270,715|286,007|
|Other trading
activities||57,675||57,675|66,579|
|Investment
income||327||327||
|Total Income||330,591|27,333|357,924|513,173|
|Expenditure
on:||||||
|Raising funds|7|(36,091)||(36,091)|(80,417)|
|Charitable
activities||||||
|Charitable
activities||(397,156)|(1,810)|(398,966)|(398,290)|
|Total expenditure||(433,247)|(1,810)|(435,057)|(478,707)|
|Net Income/ (expenditure)||(102,656)|25,523|(77,133)|34,466|
|Transfer between
funds||||||
|Net movement
in funds||(102,656)|25,523|(77,133)|34,466|
|Reconciliation
offunds||||||
|Fund balances brought forward||186,486|1,135|187,621|153,155|
|Fund balances carried forward||83,830|26,658|110,488|187,621|
##
##
|||Balance Sheet as at 3|1March 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|f|f|
|Fixed assets||||||
|Investments||||||
|Current assets||||||
|Debtors|||17|170,208|162,538|
|Cash at bank|and in|hand||81,364|142,240|
|||||251,572|304,778|
|Creditors: Amounts||falling due within one year|18|(141,085)|(117,158)|
|Net current|assets|||110,487|187,620|
|Net assets||||110,488|187,621|
|Equity||||||
|Unrestricted|funds|||83,830|186,486|
|Restricted funds||||26,658|1,135|
|Total funds||||110,488|187,621|
##
##
||||Restricted|Income and||
|---|---|---|---|---|---|
||||reserve|expenditure|Total|
||||f||f|
|At 1April 2022|||1,135|186,486|187,621|
|Surplus/(deficit)
comprehensive|from statement
income|of|25,523|(102,656)|(77,133)|
|Transfers||||||
|At 31March 2023|||26,658|83,830|110,488|
||||Restricted|Income and||
||||reserve|expenditure|Total|
||||f|f|f|
|At 1April 2021||||153,155|153,155|
|Surplus/(deficit)
comprehensive|from statement
income|of|1,135|33,331|34,466|
|Transfers||||||
|At 31March 2022|||1,135|186,486|187,621|
##
##
|Statem|ent|of Cash Flows for the Yea|r Ended 31 Ma|rch 2023||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|f|f|
|Cash flows from operating|activities|||||
|Net income / (expenditure)||||(77,133)|34,466|
|Adjustments
for non-cash|items|||||
|Interest receivable||||(327)|P)|
|||||(77,460)|34,459|
|Working capital adjustments||||||
|Increase in debtors|||17|(7,670)|(41,293)|
|Increase in creditors|||18|23,927|75,209|
|Net cash flows from operating||activities||(61,203)|68,375|
|Cash flows from investing|activities|||||
|Interest received||||327||
|Net (decrease)/increase
in|cash and cash equivalents|||(60,876)|68,382|
|Cash and cash equivalents|at|1April||142,240|73,858|
|Cash and cash equivalents|at|31March||81,364|142,240|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||f|f|
|Donations|||||1,874|14,113|
|Grants|||||27,333|146,467|
||||||29,207|160,580|
|Grants received, included||||in the above, are as|||
|follows;|||||||
||||||2023|2022|
||||||f|f|
|Ecosurety|Exploration||Fund||27,333|70,667|
|Viridor||||||50,000|
|CAST||||||22,242|
|Government||grants:|DWP|Access to work||3,558|
||||||27,333|146,467|
##
|Other trading activities|||
|---|---|---|
||2023|2022|
||f|f|
|Other income|14,679|19,483|
|Donation from subsidiary|42,996|47,096|
||57,675|66,579|
##
##
|5|Investment
income|Investment
income|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||f|f|
|Deposit account interest|||||||
|6|Income from charitable||activities||||
||||||2023|2022|
||||||f|f|
|Membership
income|||||24,800|24,000|
|Reuse Enterprises||reimbursement|||||
|(overheads)|||||41,646|49,673|
|Reuse Enterprises||reimbursement||(staff)|164,577|177,704|
|Conference
income - delegates|||||27,192|19,965|
|Conference
income - sponsorship|||||12,650|14,665|
||||||270,865|286,007|
|7|Raising funds||||||
||||||2023
f.|2022f|
|Raising donations||and legacies|||||
|Staff costs||||||52,647|
|Other trading activities|||||||
||Member interaction/events||||306|888|
|Annual
conference|||||35,785|26,882|
||||||36,091|27,770|
|Aggregate
amounts|||||36,091|80,417|
|8|Direct costs ofcharitable||activities||||
||||||2023|2022|
||||||f|f|
||Staff costs||||291,654|227,454|
||Insurance||||1,874|1,390|
||Rent||||12,250|12,527|
|Telephone|||||4,145|6,302|
||Postage and stationery||||1,666|3,082|
||Sundries||||2,550|9,777|
||Motor and travel||||13,455|14,691|
||Recruitment
expenses||||1,883|136|
||Computer
expenses||||16,243|19,073|
||Advertising||||14,487|17,823|
||Subscriptions||||2,896|2,082|
##
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|Training events|Training events|Training events|||||1,254|6,273|
|---|---|---|---|---|---|---|---|---|
||Bank charges||||||604|658|
|Consultancy|||||||13,291|23,824|
||HRfees||||||3,150||
|Staff welfare|||||||3,040||
||Equipment
hire||||||1,214||
||Membership|course costs|||||11,060|2,650|
||||||||396,716|349,734|
|9|Support costs||of charitable||activities||||
||||||||2023|2022|
||||||||f|f|
||Wages|||||||38,392|
||Social security|||||||4,566|
||Pensions|||||||1,742|
||Independent|examiners'||remuneration|||750|1,500|
||Independent|examiners'||remuneration||for non audit work|1,500|2,700|
||Cost oftrustees'||meetings|||||1,648|
||||||||2,250|50,548|
|10Auditors'
remuneration|||||||||
||||||||2023|2022|
||||||||f||
||Fees payable|to|the charity's||auditor for the audit of the||||
||charity's financial statements||||||750|1,500|
||Other assurance||services||||1,500|2,700|
||||||||2,250|4,200|
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|12Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
||E||
|Wages and salaries|258,252|288,797|
|Social security costs|21,738|24,047|
|Pension costs|11,675|11,957|
||291,665|324,801|
|e year was|as follows:|
|---|---|
|2023|2022|
|No|No|
|Voluntary|income|and|charitable|activity|
|---|---|---|---|---|
|Activities|for generating||funds||
|Trading company||gr communications|||
|ar was as f|ollows:|
|---|---|
|2023|2022|
|No|No|
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|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|2022|
|||f|f|f|
|Income from:|||||
|Donations
and legacies||64,113|96,467|160,580|
|Charitable
activities||282,997|3,010|286,007|
|Other trading
activities||66&579||66,579|
|Investment
income||7||7|
|Total Income||413,696|99,477|513,173|
|Expenditure
on:|||||
|Raising funds||(80,417)||(80,417)|
|Charitable
activities||(299,948)|(98,342)|(398,290)|
|Total Expenditure||(380,365)|(98,342)|(478,707)|
|Net incomel (expenditure)||33,331|1,135|34,466|
|Net movement
in funds||33,331|1,135|34,466|
|Reconciliation
offunds|||||
|Total funds brought|forward|153,155||153,155|
|Total funds carried|forward|186,486|1,135|187,621|
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||||||||Proportion|ofvoting||
|---|---|---|---|---|---|---|---|---|---|
|||||Country of|||rights and|shares||
|Undertaking|||incorporation|||Holding|held|Principal|activity|
|Subsidiary|undertakings|||||||||
|Reuse Enterprises
Limited|||England||and Wales|Ordinary|1003o|Trading|subsidiary|
|17Debtors||||||||||
|||||||||2023|2022|
|||||||||f|f|
|Due within|one year|||||||||
|Trade debtors||||||||70,013|29,135|
|Other debtors|||||||||10,682|
|Prepayments||and accrued||income||||3,162|2,481|
|Owed by group undertakings||||||||97,033|120,240|
|||||||||170,208|162,538|
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|18Creditors: amounts|falling due within one ye|ar|||
|---|---|---|---|---|
||||2023|2022|
|||Note|f|f|
|Trade creditors|||2,720|10,621|
|Other taxation and social security|||6,483|7,012|
|VAT|||21,889|23,375|
|Other creditors|||2,599|2,650|
|Accruals and deferred|income||107,394|73,500|
||||141,085|117,158|
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|21 Funds|||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||||Balance at 1|Incoming|Resources|31March|
||||April 2022
f|resources
f|expended
f|2023
f|
|Unrestricted|funds||||||
|General|||186,486|330,591|(433,247)|83,830|
|Total Unrestricted||funds|186,486|330,591|(433,247)|83,830|
|Restricted funds|||||||
|Ecosurety|||1,135|27,333|(1,810)|26,658|
|Total restricted funds|||1,135|27,333|(1,810)|26,658|
|Totalfunds|||187,621|357,924|(435,057)|110,488|
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|Prior year comparatives|Prior year comparatives|Prior year comparatives|Prior year comparatives|Prior year comparatives||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||Balance at|
|||||||Balance at 1|Incoming|Resources|31March|
|||||||April 2021
f|resources
f|expended|2022
f|
|Unrestricted|funds|||||||||
|General||||||153,155|413,696|(380,365)|186,486|
|Total Unrestricted|||funds|||153,155|413,696|(380I365)|186,486|
|Restricted funds||||||||||
|Ecosurety|||||||73,677|(72,542)|1,135|
|CASTCatalyst||and||the National|Lottery|||||
|Community|Fund|||COVID-19 Digital||||||
|Response|—Phase|||Two (Development)|||22,242|(22,242)||
|DWP|||||||3,558|(3,558)||
|Total restricted||funds|||||99,477|(98,342)|1,135|
|Totalfunds||||||153,155|513,173|(478,707)|187,621|
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