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2024-03-31-accounts

St Luke's Community and Regeneration Enterprises

Charity number 1097720

A company limited by guarantee number 04667244

Annual Report and Financial Statements

for the year ended 31 March 2024

St Luke's Community and Regeneration Enterprises

Annual Report and Financial Statements for the year ended 31 March 2024

Contents Page
Trustees' report 2 to 6
Examiner's report 7
Statement of financial activities 8
Balance sheet 9
Statement of cash flows 10
Notes to the accounts 11 to 20

Prepared by West Yorkshire Community Accountancy Service CIO

1

St Luke's Community and Regeneration Enterprises

Trustees' report for the year ended 31 March 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Alistair Kaye Chair Susan Richardson Matthew Pearson Phillip Smith Sze Nga Wong Deborah Wynter

Appointed 30 September 2023 Appointed 7 February 2024

Charity number 1097720 Company number 04667244

Registered in England and Wales Registered in England and Wales

Registered and principal address

Bankers

Beeston Hill United Free Church HSBC Bank Plc Malvern Road City Branch Leeds 33 Park Row LS11 8PD Leeds LS1 1LD

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 17 February 2003. It is governed by a memorandum and articles of association as amended on 20 May 2003 and 24 May 2017. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

The charity has a board of trustees who meet every 2 months and are responsible for the strategic direction and policy of the charity. The day to day work of the charity is organised by paid employees who manage the projects and co-ordinate the activities of the staff.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

2

St Luke's Community and Regeneration Enterprises

Trustees' report (continued) for the year ended 31 March 2024

Trustee Recruitment, Induction and Training

The charity ensures that it engages effectively with the community it serves, responds equitably to the needs of its users, and increases its own accountability and wider public confidence in its work by ensuring that the mix of trustees reflects the local area and includes people from varied minority groups. If representation on the board does not reflect the areas of need, active recruitment to redress this balance will be carried out. Whenever a trustee departs a skills audit of the board will is done. Efforts at recruiting a replacement will take account of the skills audit and of the skills being lost by the departure. Consideration will also be given to any specific roles or duties that the individual leaving the board was undertaking. Trustees are voted in at the AGM.

Prospective trustees are given information to read about the activities of the charity and encouraged to meet with the Chief Executive Officer to gain insight into the responsibilities of being a trustee. New trustees are offered training in line with the charities aims and objectives as well as training in trustee responsibilities and roles. New trustees will also be encouraged to spend time in projects and with staff to gain greater insight into the organisation.

Pay Policy for Senior Staff

Remuneration of senior staff is reviewed annually by the board of trustees and paid in accordance with average earnings of other organisations delivering similar activities of a similar size in the voluntary sector.

Objectives and activities

The charity's objects

The promotion for the public benefit of urban and rural regeneration in areas of social and economic deprivation and in particular in Leeds 11 by all or any of the following means:

(a) the relief of unemployment in such ways as may be thought fit, including assistance to find employment;

(b) the advancement of education, training, or retraining, particularly among unemployed people, and providing unemployed people with work experience;

(c) the provision of technical assistance, or business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial or other charitable need through help: (i) in setting up their own business, or (ii) to existing businesses;

(d) the preservation of buildings or sites of historic or architectural importance;

(e) the provision or assistance in the provision of recreational facilities for the public at large and/or those who, by reasons of their youth, age, infirmity or disablement, poverty or social and economic circumstances, have need of such facilities;

(f) such other means as may from time to time be determined subject to the prior consent of the Charity Commissioners for England and Wales.

To develop the capacity and skills of the members of the socially and economically disadvantaged community of Leeds 11 in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

The charity's main activities

Providing a varied youth programme to support vulnerable girls (The Shine Project) and vulnerable boys (The Rise Project) living in inner South Leeds. Operating a large charity shop and furniture warehouse to provide affordable goods and also local employment, training, ESOL classes and supported volunteering as well as the additional benefits of diverting goods from landfill. Community development projects designed to meet emerging community needs, enabling start up projects, supporting health campaigns and support for local community events.

3

St Luke's Community and Regeneration Enterprises

Trustees' report (continued) for the year ended 31 March 2024

Achievements and performance

As the trustees of St Luke’s CARES, we are proud to present our report for 2023/24 accounts on the activities and performance of the charity during the year. During the year, St Luke’s CARES continued to deliver The Shine Project, RISE, First Steps, ABCD work, Better Together and other projects and deliver a brilliant service at the Dewsbury Road charity shop.

Over the past year the charity has run: a social enterprise (Dewsbury Road Charity shop) offering work placements and reducing landfill by providing affordable furniture. The First Steps Project providing 7-week accredited courses to those furthest from the labour market and facing multiple disadvantage to develop employability skills. ESOL Classes, green bin/climate change awareness work. A Community Cinema Project providing affordable activities to local families. The Shine and Rise projects working with local girls and boys aged 11-18, mentoring young people at risk of exploitation (criminal and sexual) in partnership with local secondary schools, delivering courses on self-esteem, healthy relationships, internet safety and confidence building for teenagers and providing safe spaces for young people to be at local youth groups, wellbeing groups, detached sports sessions, complex needs support work, a young mums health project supporting mums aged 16-22, youth social action projects, an ABCD project investing in the strength of people found in our community and free school uniform and winter coat pop ups. Our Social Impact reports gives more information about the impact these projects and initiatives have had.

Over the past year the charity has taken a more active role in the Leeds Community Anchor Network acting as an anchor organisation for the Beeston/Hunslet wards. This has involved engaging smaller grass roots organisations in the warm space initiatives, household support fund and smaller grant programmes. We are proud to support smaller organisations in our area and champion the work they do.

We have recruited 2 new trustees to the board which have been great appointments and have added to the expertise and diversity of the board. We are still looking to grow the board further over the next year.

It has been a challenging year financially as we have been hit by the increases across the charity associated with the cost of living crisis and rising energy bills as we know many other charities have also been facing. Although the charity ended the year with a deficit we are confident that the next year we will see a more positive picture with strategic savings made to budgets, an increased push on funding and plan to grow the charities reserves.

Overall we continue to be impressed by the dedication and commitment of the staff team to the people and communities they work with and we look forward with anticipation the what the next year brings as the charity seeks to support, empower and facilitate change in inner south Leeds.

Plans for future periods

Continue to develop and build the Shine and Rise Projects

Continue to deliver and develop the First Steps Project reaching all areas of our community

Recruit new members to the trustee board to reflect the community with serve.

Continue to be proactive in searching for new funds relative to the charities aims and objectives Respond to the communities needs as a result of the current difficult situation in the cost-of-living Ensure the charities financial resilience crisis, in line with the charities aims and objectives Continue to build good working relationships with other community groups

Ensure the charities financial resilience through accessing government grants and schemes Grow the charities reserves

4

St Luke's Community and Regeneration Enterprises

Trustees' report (continued) for the year ended 31 March 2024

Financial review

The net expenditure for the year was £26,386, including net income of £21,330 on unrestricted funds and net expenditure of £47,716 on restricted funds.

Reserves policy

The charity’s policy is to hold unrestricted reserves of between 3 to 6 months future budgeted expenditure. On the basis of planned expenditure of approximately £620,000 that would equate to between £155,000 and £309,600.

The purpose of holding reserves is to enable the smooth running of the charity and to enable an orderly winding up should the charity need to close.

The charity's total reserves were £207,052, of which £102,045 relates to restricted funds. Within the remaining funds, £11,379 was the value of tangible fixed assets. This leaves a balance of £93,628 free reserves. However, this is after accounting for long term liabilities of £12,083. This is a loan which is repayable over the next 2 years. Adjusting for that would make our effective working capital £105,711.

Whilst the total free reserves figure is a little below the lower limit of the policy, the trustees are confident that position is improving year on year based on the trajectory from last year.

5

St Luke's Community and Regeneration Enterprises Trustees' report (continued) for the year ended 31 March 2024

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. 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.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 22/10/2024

Matthew Pearson (Trustee)

6

St Luke's Community and Regeneration Enterprises

Independent examiner's report to the trustees of St Luke's Community and Regeneration Enterprises

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 8 to 20.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Simon Bostrom FCIE

7/11/2024

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

7

St Luke's Community and Regeneration Enterprises

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2024

Notes
2024
Unrestricted
funds
£
Income from:
Donations and legacies
(2)
13,401
Charitable activities
(3)
-
Other trading activities
(4)
262,937
Other income
1,292
Bank interest
634
Total income
278,264
Expenditure on:
Raising funds
(5)
236,042
Charitable activities
(6)
12,801
Total expenditure
248,843
Net gains/(losses) on investments
(8,091)
Net income / (expenditure)
21,330
Fund balances brought forward
83,677
Fund balances carried forward
(7)
105,007		 2024
Restricted
funds
£
321,600
-
-
-
-
321,600
-
369,316
369,316
-
(47,716)
149,761
102,045		 2024
Total
funds
£
335,001
-
262,937
1,292
634
599,864
236,042
382,117
618,159
(8,091)
(26,386)
233,438
207,052		 2023
Total
funds
£
327,407
1,416
239,520
1,916
205
570,464
216,868
349,884
566,752
225
3,937
229,501
233,438

All incoming resources and resources expended derive from continuing activities.

8

St Luke's Community and Regeneration Enterprises

Balance sheet

as at 31 March 2024
2024
Unrestricted
£
Fixed assets
Tangible assets
(8)
11,379
Investments
(9)
92,276
Total fixed assets
103,655
Current assets
Debtors and prepayments
(10)
2,683
Cash at bank and in hand
(11)
23,537
Total current assets
26,220
Current liabilities:
amounts falling due within one year
Creditors and accruals
(12)
12,785
Total current liabilities
12,785
Net current assets / (liabilities)
13,435
Total assets less current liabilities
117,090
Creditors: amounts falling due after one year
(13)
12,083
Net assets
105,007
Funds
Unrestricted funds
105,007
Restricted funds
-
Total funds
105,007		 2024
Restricted
£
-
-
-
16,751
85,294
102,045
-
-
102,045
102,045
-
102,045
-
102,045
102,045		 2024
Total
£
11,379
92,276
103,655
19,434
108,831
128,265
12,785
12,785
115,480
219,135
12,083
207,052
105,007
102,045
207,052		 2023
Total
£
5,146
100,367
105,513
9,304
153,703
163,007
12,921
12,921
150,086
255,599
22,161
233,438
83,677
149,761
233,438

For the year ending 31 March 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 22/10/2024

Matthew Pearson (Trustee)

9

St Luke's Community and Regeneration Enterprises

Statement of cash flows

for the year ended 31 March 2024

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Dividends and interest
Purchase of tangible fixed assets (excluding donated assets)
Net cash provided by (used in) investing activities
Cash flows from financing activities:
Repayments on borrowing
Cash inflows from new borrowing
Net cash provided by (used in) financing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Adjustments for:
Depreciation charges
Dividends, interest and revaluations
Interest payable on loan finance
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Notice deposits (less than 30 days)
Total cash and cash equivalents
Reconciliation of net movement in funds to net cash flow
from operating activities
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand		 2024
£
(24,358)
634
(10,500)
(9,866)
(10,648)
-
(10,648)
(44,872)
153,703
108,831
2024
£
(26,386)
4,267
7,457
699
(10,130)
(265)
(24,358)
2024
£
1,367
107,464
108,831		 2023
£
14,589
205
(5,124)
(4,919)
(10,648)
-
(10,648)
(978)
154,681
153,703
2023
£
3,937
3,697
(430)
943
12,012
(5,570)
14,589
2023
£
1,896
151,807
153,703

10

St Luke's Community and Regeneration Enterprises

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated goods for resale are valued at the amount actually realised upon their sale.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Computer equipment: over 3 years Motor vehicles: over 4 years Other equipment: over 5 years

11

St Luke's Community and Regeneration Enterprises

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies continued

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

12

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

2 Donations and legacies
Bartlett Group
BBC Children In Need Fund (CIN)
Better Together
Flint Family Trust
Garfield Weston Foundation
Hamara Healthy Living Centre
Health for All
Leeds City Council (LCC)
Leeds Community Foundation (LCF)
Leeds Older Peoples Forum
National Lottery Community Fund (NLCF)
Reach Fund
School for Social Entrepeneurs
The Together Project
UK Youth Fund
Voluntary Action Leeds
Warm Space funding
First Steps
George Martin Trust
Jimbo's Fund
Metis Trust
Oakland Group
Safer Communities
Shine Nail Bar Collective agent funds
Street Games UK
The Leigh Trust
Volition Leeds
Wades Charity
Gift aid
Other donations
3 Charitable activities income
Youth work fee income
4 Other trading activities
Charity shop sales
Minibus hire
Other services		 2024
Unrestricted
funds
£
-
-
-
-
-
-
-
150
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,038
9,713
13,901
2024
Unrestricted
funds
£
-
-
2024
Unrestricted
funds
£
255,827
7,080
30
262,937		 2024
Restricted
funds
£
11,000
24,987
13,732
5,000
25,000
2,000
4,580
60,546
29,732
6,000
10,000
11,025
12,602
83,596
11,200
2,000
8,100
-
-
-
-
-
-
-
-
-
-
-
-
-
321,100
2024
Restricted
funds
£
-
-
2024
Restricted
funds
£
-
-
-
-		 2024
Total
funds
£
11,000
24,987
13,732
5,000
25,000
2,000
4,580
60,696
29,732
6,000
10,000
11,025
12,602
83,596
11,200
2,000
8,100
-
-
-
-
-
-
-
-
-
-
-
4,038
9,713
335,001
2024
Total
funds
£
-
-
2024
Total
funds
£
255,827
7,080
30
262,937		 2023
Total
funds
£
10,000
33,385
13,405
-
-
-
-
52,217
24,341
-
19,650
-
38,000
-
15,000
-
-
66,315
3,000
11,997
1,500
1,787
4,368
763
19,936
2,000
3,000
4,500
-
2,243
327,407
2023
Total
funds
£
1,416
1,416
2023
Total
funds
£
234,178
5,130
212
239,520

13

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

5 Raising funds
Staffing
Office and administration
Premises costs
PAT testing and DBS checks
Project activities
Phone and internet
Travel and transport
Insurance
Utilities
Selling fees
Bank charges and card machine fees
Purchases
Delivery costs
Depreciation
Other shop expenses
6 Charitable activities expenditure detail
Staffing
(6b)
Office and administration
Equipment
IT expenditure
Marketing and publicity
Premises costs
Subscription fees and DBS checks
Project activities
Phone and internet
Training
Travel and transport
Insurance
Independent examination
Bank and finance charges
Grants and donations
Depreciation
HR services
Other professional fees		 2024
Unrestricted
funds
£
121,216
2,599
16,786
-
5,434
3,675
10,549
-
11,017
11,266
1,459
-
49,941
2,100
-
236,042
2024
Unrestricted
funds
£
-
361
-
-
-
-
128
1,033
1,375
-
3,182
-
2,100
906
1,120
2,167
-
429
12,801		 2024
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2024
Restricted
funds
£
275,918
1,136
-
2,422
9,274
26,291
179
32,696
871
1,566
8,339
855
-
32
7,531
-
-
2,206
369,316		 2024
Total
funds
£
121,216
2,599
16,786
-
5,434
3,675
10,549
-
11,017
11,266
1,459
-
49,941
2,100
-
236,042
2024
Total
cost
£
275,918
1,497
-
2,422
9,274
26,291
307
33,729
2,246
1,566
11,521
855
2,100
938
8,651
2,167
-
2,635
382,117		 2023
Total
funds
£
113,012
899
27,727
118
10,971
4,170
10,579
-
7,408
6,543
1,148
-
34,293
-
-
216,868
2023
Total
cost
£
265,427
1,779
80
3,130
2,251
14,752
574
26,893
2,345
2,549
12,849
801
2,100
1,401
6,586
3,697
2,670
-
349,884

14

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

Notes to the accounts continued
for the year ended 31 March 2024
**6b ** Staff costs and numbers 2024 2023
£ £
Gross salaries 364,423 347,438
Social security costs 24,908 23,542
Employment allowance (5,000) (5,000)
Pensions 9,267 8,784
External supervision - 540
Payroll charges 3,536 3,135
397,134 378,439
The average number of employees during the year was 23.1, being an average of 14.1 full time equivalent
(2023: 23.8, 15.4 FTE). There were no employees with emoluments above £60,000.
Defined contribution pension scheme 2024 2023
£ £
Costs of the scheme to the charity for the year 9,267 8,784
Amount of any contributions outstanding at the year end - -
Amount of any contributions prepaid at the year end - -

15

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

7 Restricted funds
ABCD Round 4 2022-2023
ABCD Round 5 23/24
Small Sparks Basketball group
Bartlett Group Funding
Better Together
Awards for all Bike project
CIN Brighter Futures 2019-2023
CIN Rise & Shine
Connect Grants (H4A)
Fearless Campaign
National Lottery (First Steps)
Flint Family Trust
Garfield Weston Foundation
Growing Strengths in Communities
Healthy Holidays
Healthy Holidays SUMMER 2022
Healthy Holidays Easter 2023
Healthy Holidays Summer 2023
Household Support Fund
Jimbo's 2023
Leeds Civic Trust 2022
Reach Grant
Reuse Recycle Together
The Leigh Trust
Sir George Martin Trust
Wades Charity
Children in Need RISE
Safer Communities/Lord Mayor
School for Social Entrepreneurs
A4A Shine Collective
Small Sparks Round 5 & 6
Trauma Informed Funding
UK Youth Fund Thriving Minds
UK Youth Fund YBC
Verona McShane
Volition
VRU Rise & Shine
Warm Space Funding
Wellbeing Fund
White Rose
Youth Activities Fund Rise & Shine
Youth Work Grant Funding		 Balance b/f
£
10,661
24,000
1,116
4,921
4,998
-
2,090
-
-
-
28,369
1,737
-
-
-
-
3,334
-
-
11,997
6,905
-
-
1,247
1,875
2,900
7,175
4,035
9,554
10,763
1,000
-
8,570
-
463
500
1,551
-
-
-
-
-
149,761		 Incoming
£
-
-
300
11,000
13,732
10,000
-
15,000
4,580
500
74,276
5,000
25,000
2,000
6,802
-
-
12,930
8,000
-
-
11,025
9,320
-
-
-
9,987
-
12,602
-
-
10,000
15,000
11,200
-
-
15,300
8,100
5,630
500
18,221
5,595
321,600		 Outgoing
£
10,661
12,680
1,416
13,013
14,513
8,613
2,090
8,684
4,264
500
94,839
4,706
22,159
-
3,938
-
3,334
12,930
3,288
11,997
6,905
3,207
8,200
1,136
1,875
1,632
7,025
4,035
17,010
3,944
240
3,801
23,570
11,200
463
500
14,599
4,200
5,630
500
10,424
5,595
369,316		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance c/f
£
-
11,320
-
2,908
4,217
1,387
-
6,316
316
-
7,806
2,031
2,841
2,000
2,864
-
-
-
4,712
-
-
7,818
1,120
111
-
1,268
10,137
-
5,146
6,819
760
6,199
-
-
-
-
2,252
3,900
-
-
7,797
-
102,045

16

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

7 Restricted funds

Fund name

ABCD Round 4 2022-2023 ABCD Round 5 23/24 Small Sparks Basketball group Bartlett Group Funding Better Together Awards for all Bike project CIN Brighter Futures 2019-2023 CIN Rise & Shine Connect Grants (H4A) Fearless Campaign National Lottery (First Steps)

Flint Family Trust

Garfield Weston Foundation Growing Strengths in Communities Healthy Holidays Healthy Holidays SUMMER 2022 Healthy Holidays Easter 2023 Healthy Holidays Summer 2023 Household Support Fund Jimbo's 2023 Leeds Civic Trust 2022 Reach Grant Reuse Recycle Together The Leigh Trust Sir George Martin Trust Wades Charity Children in Need RISE Safer Communities/Lord Mayor School for Social Entrepreneurs A4A Shine Collective Small Sparks Round 5 & 6 Trauma Informed Funding UK Youth Fund Thriving Minds UK Youth Fund YBC Verona McShane Volition VRU Rise & Shine Warm Space Funding Wellbeing Fund White Rose Youth Activities Fund Rise & Shine Youth Work Grant Funding

Purpose of restriction

To run an Asset Based Community Development Project in South Leeds Towards community projects Funding distributed to a local community group and initiative Shine project and salary costs Community Development Health Project Shine project and salary costs Funding for the Brighter Futures project Preventative youth work and employability programme in south Leeds Wellbeing Group Funding Awareness campaign around youth violence To run Retail and Warehouse Level 1 Accredited course, supported volunteering and ESOL classes to our community from the Charity shop Shine project – mountain bikes, salary, volunteer costs. Core Costs Community Anchor Funding Rise & Shine – delivering sessions during holidays Rise & Shine – delivering sessions during holidays Rise & Shine – delivering sessions during holidays Rise & Shine – delivering sessions during holidays Community Anchor Funding for food and fuel support Towards Youth projects Community Cinema Funding Exploratory funding for social investment Community work based at the charity shop Rise Resources funding Rise salary funding Rise resources and salary funding Group and one to one support for boys at risk of exploitation Shine project Charity Shop Development Funding Shine projects Funds to support local community start up groups To develop trauma informed practice in the charity Shine project salary costs/staff training & wellbeing Social action programme for young people. Supporting youth work in schools in south Leeds Shine/Rise/Shop Rise & Shine – Child criminal exploitation Community Anchor Funding for Warm Spaces Towards new kitchen and cupboards in Charity Shop Core Costs After school programme for young people in south Leeds Shine venue hire, salaries and travel

17

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

8
9
10
11
**12 **		 Tangible assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
Fixed assets investments
Listed investments
Balance b/f
Gain / (loss) on revaluation
Total
Debtors and prepayments
Prepayments
Accrued income
Other debtors
Cash at bank and in hand
Cash at bank
Cash in hand
Creditors and accruals
Bank loans and overdrafts
Accruals
Other creditors		 £
3,263
-
3,263
816
816
1,632
1,631
2,447
Project
equipment		 £
9,740
-
9,740
8,500
621
9,121
619
1,240
Computers		 £
9,520
10,500
20,020
8,061
2,830
10,891
9,129
1,459
2024
Total
£
100,367
(8,091)
92,276
2024
£
1,715
16,751
968
19,434
2024
£
107,464
1,367
108,831
2024
£
10,357
2,100
328
12,785
Office
equipment		 Total
£
22,523
10,500
33,023
17,377
4,267
21,644
11,379
5,146
2023
Total
£
100,142
225
100,367
2023
£
1,515
6,748
1,041
9,304
2023
£
151,807
1,896
153,703
2023
£
10,228
2,100
593
12,921

18

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2024

13 Creditors: amounts falling due after one year
Bank loans		 2024
£
12,083
12,083		 2023
£
22,161
22,161

14 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £123,834 (previous year: £114,844).

15 Operating leases
Within one year
In the second to fifth years inclusive
Over five years from the balance sheet date
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2024
£
25,000
100,000
16,667
141,667		 2023
£
21,250
85,000
35,417
141,667

19

St Luke's Community and Regeneration Enterprises

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024

2024
2023
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations and legacies
13,401
1,743
Charitable activities
-
1,416
Other trading activities
262,937
239,520
Other income
1,292
1,782
Bank interest
634
205
Total income
278,264
244,666
Expenditure
Raising funds
236,042
213,360
Charitable activities
12,801
75,157
Total expenditure
248,843
288,517
Net gains/(losses) on investments
(8,091)
225
Net income / (expenditure)
21,330
(43,626)
Transfers between funds
-
3,263
Net movement in funds
21,330
(40,363)
Fund balances brought forward
83,677
124,040
Fund balances carried forward
105,007
83,677		 2024
Restricted
funds
£
321,600
-
-
-
-
321,600
-
369,316
369,316
-
(47,716)
-
(47,716)
149,761
102,045		 2023
Restricted
funds
£
325,664
-
-
134
-
325,798
3,508
274,727
278,235
47,563
(3,263)
44,300
105,461
149,761		 2024
Total
funds
£
335,001
-
262,937
1,292
634
599,864
236,042
382,117
618,159
(8,091)
(26,386)
-
(26,386)
233,438
207,052		 2023
Total
funds
£
327,407
1,416
239,520
1,916
205
570,464
216,868
349,884
566,752
225
3,937
-
3,937
229,501
233,438

20