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2022-04-30-accounts

ANNUAL REPORT 2022 (• Proiertcplt 11112',,q Projectcolt Changing lives for good

INTRODUCTION

This year is one that I view with extraordinary gratitude and appreciation for a remarkable team of staff and volunteers who have successfully navigated immense workplace problems alongside sometimes personal ones. Despite this they have continued to serve and develop our community as well as serving the wider community in Calderdale. The range of services we offer are designed to aid and support those in cycles of addiction, poverty and caught up in long term unemployment and the criminal justice system. This year has been a journey of steering through challenges and has meant the loss of some valuable people without whom we wouldn’t be where we are today and are extremely thankful for; but also a productive year where we have welcomed a new board member and director, a new enterprise lead as well as a manager in post in the charity.

We have benefitted from much needed improvements to our administrative and financial systems which are now helping our financial planning and organisational development. We have also implemented a new POS System.This year is one of ‘gain’ where we watched the construction of the new ‘flood wall’ a much-needed defence against the rising tide of the river running alongside the property. We are not water powered yet, but who knows maybe one day!

Finally, I applaud for a management team communicating and submitting building plans for the transformation of the mill complex into a ‘place to come to’. New fire systems that had to be implemented throughout the mill resulted in taking a risk and the creation of an amazing open plan space filled with donated goods from the community and space for our collaborator/s including a barber with plans for a café and all hosted by the remarkable Rusty’s Coffee Club.

Mary Spencer CEO

OUR APPROACH Personal Approach Choosing a Healthy Lifestyle Free from Addirtion Welcoming Atmosphere livingwith Valued An ReLitionships Passionate Team

Sam$%&

Samuel (not real name) initially came to Colt in 2015 and have been here ever since. He was not in work, was an alcoholic and did not have much outlook in life. He was referred to us through the job centre. When we asked Samuel what the real difference is the programme made to him, he said “the staff here really saw me – they acknowledged me as a person of value, helped me deal with my mental health and addiction issues and enabled me to see that I am worthy.”

Samuel worked as a volunteer for several years, but earlier this year we offered Samuel an employed role for 9 hrs per week. We asked Samuel how he now feels about this, and he said, “My life has massively improved in all factors of life. I am valued and part of a community. Having a feeling of worth is wonderful – this is down to the support from Colt…I now have goals for my life because I am valued, I have purpose and I am esteemed as an employed person, who is part of this community.”

We asked Samuel about his hopes for the future, and he said, “I am looking forward to being employed for more hours of work here, or further afield. I also am looking forward to continuing to stay healthy in mental health and drinking issues.”

Cha*+,n. L01es 456 G8od

Yo$ ?@Aed - each person here; staff, volunteer, beneficiary, and service user have significance in who they are.

Yo$ h<>e B$rC8De - each person here has purpose, nobody is excess to requirement.

Yo$ c<* +roF - each person here deals with some level of brokenness, and each person has the potential to grow.

NUMBERS

In terms of outputs, we have said that by 2024 we will increase:

o addiction counselling from 30 to 50 inX,10du?&D – We have worked with 41 service users

We have further said that in 2021/2 we will establish a new women’s group: targeting 48 wo]Lb tc0D ye?N . Running weekly for 12 weeks. Aim to increase to 60 wo]Lb bK 2023 . We launched in January and have engaged with 18 ladies so far.

ifyS coFF￿- Ld AfvsfA &VffjN

Dav,X <ha. Bedj?D%

I came 8 years ago on a 12months work placement. I was placed in the bed area, which at that time was in a real mess and to start off I felt like leaving there and then!

However, I stayed and have since shared my expertise and made the area functional, profitable and inviting to customers.

I feel like a valued member of the team, other staff and volunteers continue to ask me questions and customers even come in and ask for me personally to help them with their purchase.

Mel,UD<’s S^o6y

I first came to Project Colt for the Ladies Self Esteem course due to a long-term struggle with anxiety that had got worse and was affecting my daily life.

The course really helped to build my confidence and helped me learn how to manage my anxiety. At the end of the course I began volunteering in the charity shop, doing some cleaning, and helping with the monthly volunteer meals. I really enjoyed

volunteering as it gave me the opportunity to get out of the house and meet new people and it helped me feel comfortable being in a work environment again after being out of work for quite some time. Project Colt then offered me a place on the Barista training programme and from there I was offered some paid work on the coffee cart alongside some volunteering.

L

This has been such a great opportunity for me and I am so thankful to Project Colt for helping me get back in to work. The support and encouragement from both staff and other volunteers make Project Colt a great place to work and volunteer.

ACKNOWLEDGEMENTS

A BIG thank you to our many supporters and partners: The National Lottery Community Fund, Community Foundation for Calderdale, The Henry Smith Charity, The Charles & Elsie Sykes Trust, Groundwork UK, Hilden Charitable Fund, Garfield Weston Foundation, Lloyds Bank Foundation, Sir George Martin Trust, Sovereign Healthcare Community Programme, VCS Alliance, Trusthouse Charitable Foundation, Calderdale MBC, Happy Days, Re; Daisy Dot, The Proclaim Trust, International Substance Abuse and Addiction Coalition (ISAAC), Rusty’s Coffee Club, Makeable at the Mill, Serenity Wellbeing, Huetopia, House of Handsome, Just Be, Zarach

LOOKING AHEAD

There is nothing more permanent than change and when I look toward the future of the charity and enterprise I am encouraged that what was planned over 25 years ago with a small group of volunteers has a new generation of community champions, a culture of ‘can do’ supporters and a financial strategy team that brings sustainability. In faith we move on with a favourable wind and fresh vision to serve those who are in need and those who require some help to aid their recovery journey. Mary Spencer CEO

DONATE NOW

There are a number of ways you can donate at Project Colt. You can donate your unwanted goods for sale in our shop; your time through taking on a volunteer role or by becoming a Hope Giver through giving a regular monthly donation.

If you are interested in any of the above please call or contact emma@projectcolt.org.uk in the first instance.

Bridgefield Mills

Elland HX5 0SX

Tel: 01442 377176 www.projectcolt.org.uk

Project Colt & Colt Enterprise (Calderdale)Ltd. Company number 5460328 Charity number 1098268

CHARITY COMMISSION
PROJECT COLT
FOR ENGLAND AND WALES
1098268
by
CHARITYCOMMISSION PROJECT COLT
1098268
Ae
FOR ENGLAND AND WALES
Recei
ments accounts
ts and pa
Receipts and payments accounts
CC16a
CC16a
For the period
from
01/05/2021
To
30/04/2022
Forthe period
To
from
01/05/2021
30/04/2022
Section A Receipts and payments
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
nrestricted
icte
Unre
Restricted
Endowment
Total fonds
funds
funds
funds
Last year
Last year
to the nearest
E
to the nearest E
to the nearest E
to the nearest E
tothe nearest
£
to the nearest£
to the nearest£
to the nearest£
to the nearest E
to the nearest£
A1 Recei
ts
A1 Receipts
Donations
Interestand dividends
Gift aid tax recovery on donations
Grants received
Donations from Social Enterprise
Training and miscellaneous income
u
tota
ross Income
or
2,849
12
1,200
495
ee2
1,446
AR)
4,556
AR)
90,577
95,133
168,018
A2 Asset an
Investment sa es,
A2 Asset and investment sales,
see table
.
u
tota
see table).a
es
ee
ubtoa
Total receipts
95,133
A3 Pa ments
A3 Payments
[Cost ofcharitable activities
—=—Ssd
~——SCSC~~~«SOT
es
A4 Asset and investment
A4 Asset and investment
)
iid
>
ee
avic
es
es
a
Sub total
Sub total
——_-
Totalpayments
Net ofreceipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
3,182
10,922
7,740
10,825
55,687
44,862
14,007
66,609
52,602
Netofreceipts/(payments)
[-
s16q
[= toe
14,007]
ASTransfersbetweenfunds

CCXX CCXX RI R1 accounts accounts (SS)[(SS)]

1 1

21/11/2022 21/11/2022

----- Start of picture text -----
Section Section B B Statement Statement [of] of assets [assets] and and [liabilities] liabilities [at] at [the] the [end] end [of] of the [the] period [period]
----- End of picture text -----

Section B Statement [of]
Section B Statement of assets
[of] [assets] and [liabilities] [at]
of assetsassets and liabilities at
[the] [end] [of] [the]
the end of thethe
[the] [period]
of thethe period
Categories
Categories
Details
Details
Unrestricted
funds
to nearest E
Unrestricted
funds
to nearest £
Restricted
funds
to nearest E
Restricted
funds
to nearest £
Endowment
funds
to nearest E
Endowment
funds
to nearest £
Bl Cash funds Funds in charity bank account
Cash in hand
Funds transferred by Social Enterprise
eS eS
Total cash funds
Totalcashfunds
7,740 44862 ]
(agree balances with receipts and payments
account(s))
(agree balances with receipts and payments
account(s))
Unrestricted
Unrestricted
Restricted
Restricted
Endowment
Endowment
funds
funds
funds
funds
funds
funds
Details
Details
to nearest E
to nearest£
to nearest E
to nearest £
to nearest E
to nearest £
B2 Other monetaryassets
B2 Other monetary assets
Prepayments and trade debtors
Prepayments andtradedebtors
120
B3 Investment assets
—_=
Details
Fund to which
asset belon
s
Fundtowhich
Details
assetbelongs
==
Cost (optional)
Cost
F
\
oa
Current value
o tional
Current value
optional
=
B4 Assets retained for the Details
Office and computer equipment
Details
Fund to which
asset belon
s
Restricted
Fundtowhich
assetbelongs
Cost (optional)
5,027
Cc
oval
Setopto)
Current value
o tional
1,868
Current value
optional
charity'sown use
Fund to which
Fund to which
Amountdue
Amountdue
Whendue
When due
B5 Liabilities
B5 Liabilities
Details
PAYE/NIC
deductions from salaries
Accruals
;
Details
PAYE/NICdeductions fromsalaries
liabili
relates
LJnrestricted
Unrestricted
liability
relates
o tional
1,049
3,187
optional
ae...)
o tional
optional
Signed by one or two trustees on
behalf of all the trustees
Signed by one ortwo trustees on
behalfofallthetrustees
Signatur
.
Signatur
Print Name
.
PrintName
Print Name
Name
Date of
a
roval
Date of
approval
L* OD.
GARKEE
21
ZZ
ZU
ZzZ
PMCM
rhe
)t-ttQ
pacMCMihen
21]
f2

CCXX CCXX R2[R2] accounts accounts[(SS)] (SS) 2 2 21/11/2022 21/11/2022

PROJECT COLT

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2022

PROJECT COLT
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2022
INCOME
Interest and dividends receivable
Donations - non gift aid
Donations - gift aided
Grants
Transfers from Colt Enterprise (Calderdale) Ltd
Tax recoverable on gift aided donations
Training and other income
EXPENDITURE
Gifts to volunteers
Awards and grants
New facilitator/upcycling
Advertising and marketing
Refreshments
Consultancy and development fees
Accountancy fees
Bookkeeping fees
Legal and professional fees
Wages and salaries
Employer's NIC
Pension contributions
Subscriptions
Training costs
Printing, stationery and postage
Rent payable
Light, heat and water
Repairs and maintenance
DTRP and programme costs
Travelling expenses
Bank charges and interest payable
Telephone
Depreciation
NET (DEFICIT)/SURPLUS
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
12
12
1,889
1,889
960
960
90,577
90,577
1,200
1,200
0
0
495
495
4,556
90,577
95,133
200
2,535
2,735
669
669
350
1,050
1,400
212
212
31
31
11,690
11,690
519
1,692
2,211
560
2,331
2,891
88
1,200
1,288
4,409
51,993
56,402
488
2,600
3,088
91
496
587
19
140
159
57
486
543
248
1,938
2,186
13,605
13,605
5,000
5,000
321
321
675
675
943
943
40
64
104
724
724
1,676
1,676
7,738
101,402
109,140
(3,182)
(10,825)
(14,007)
Yearended 30April 2022
Yearended 30April 2021
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
22
22
546
546
900
900
3,661
143,321
146,982
18,200
18,200
168
168
1,200
1,200
24,697
143,321
168,018
1,121
1,121
225
225
9,546
9,546
0
292
220
512
8,370
12,801
21,171
305
1,609
1,914
364
2,553
2,917
0
3,515
44,823
48,338
2,442
2,442
335
335
180
180
279
279
526
743
1,269
6,145
6,145
5,000
5,000
261
195
456
0
163
745
908
212
8
220
335
335
1,483
1,483
14,188
90,608
104,796
10,509
52,713
63,222

PROJECT COLT BALANCE SHEET AS AT 30 APRIL 2022

FIXED ASSETS
OFFICE & COMPUTER EQUIPMENT
INVESTMENTS
CURRENT ASSETS
PREPAYMENTS AND DEFERRED INCOME
LOAN TO COLT ENTERPRISE
CASH AT BANK - CAF ACCOUNT
CASH AT BANK - RBS ACCOUNT
CASH IN HAND
CURRENT LIABILITIES
SOCIAL SECURITY AND TAXATION
ACCRUALS
FINANCED BY
OPENING RESERVES - UNRESTRICTED
OPENING RESERVES - RESTRICTED
(DEFICIT)/SURPLUS FOR THE YEAR
UNRESTRICTED FUNDS
RESTRICTED FUNDS
CLOSING RESERVES - UNRESTRICTED
CLOSING RESERVES - RESTRICTED
£
£
1,868
0
1,868
120
1,911
45,602
7,111
226
54,970
1,049
3,187
4,236
50,734
52,602
10,922
55,687
(3,182)
(10,825)
7,740
44,862
52,602
30 April 2022
30 April 2021 30 April 2021
£
2,964
0
£


2,964









63,645
8,361
3,236
53,578
5,656
139
70,970
3,151
4,174
7,325
413
2,974
10,509
52,713
10,922
55,687
66,609





66,609

PROJECT COLT

GRANTS YEAR TO 30 APRIL 2022

PROJECT COLT
GRANTS YEAR TO 30 APRIL 2022
Funder
Covid 19 Response (capital equipment)
DCMS
Garfield Weston
Groundwork UK (revenue)
Groundwork UK (capital equipment)
Hilden Outreach
Lloyds (capital equipment)
Lloyds 2021
VCS Alliance
Sir George Martin
Sovereign Health Care
Calderdale Community Foundation
Henry Smith Charity
Coronavirus Job Scheme
Release of grants to profits:
Reconciliation to Quickbooks:
Opening
Grant
Grant
balance at
Receipts
Expenditure
1 May 2021
£
£
£
768
0
0
275
0
275
13,286
12,350
20,408
3,833
13,591
11,967
133
0
0
3,852
0
3,852
2,063
580
0
20,000
29,420
49,420
0
2,340
173
3,000
2,000
3,000
4,000
(2,750)
1,250
0
9,974
2,272
0
21,031
2,960
4,477
2,041
4,149
Grant
Amortisation
£

384

0

0

0

67

0

1,225

0

0

0

0

0

0

0
Closing
balance at
30 April 2022
£

384

0

5,228

5,457

66

0

1,418

0

2,167

2,000

0

7,702

18,071

2,369
55,687
90,577
99,726

1,676

44,862
Expenditure in year as above
99,726
Amortisation
1,676
Total per accounts
101,402
Closing grants at 30 April 2022 as above
Grants for capital equipment
Covid 19 Response
384
Groundwork UK
66
Lloyds Enable
1,418
Sovereign grant transferred to company
Grants brought forward
Closing grants at 30 April 2022 per Quickbooks
99,726
1,676



44,862



(1,868)
2,750
(55,687)
101,402
384
66
1,418
(9,943)

kK . CHARITY CHARITY COMMISSION COMMISSION Independent examiner's Independent examiner's FOR FOR ENGLAND ENGLAND AND AND WALES WALES report report on on the the accounts accounts

Section Section[A] A Independent Independent Examiner's Examiner’s Report Report

IER IER

1 1 October October 2018 2018

Section Section B B Disclosure Disclosure

Only Only complete complete[if] if the the examiner examiner needs needs to[to][highlight] highlight matters matters of of concern concern (see (see CC32, CC32, Independent Independent examination examination of[of] charity charity accounts: accounts: directions directions and and guidance guidance for for examiners). examiners).

Give Give here here brief brief details details[of] of any any[items] items that[that][ the] the examiner wishes examinerdisclose. disclose. wishes to[to]

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IER IER

2 2 October October 2018 2018