Trustees’ Annual Report for the period
From 01/04/2021 Period start date To 31/03/2022 Period end date
Charity name: Recycling Unlimited
Charity registration number: 1103796
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To assist people recovering from mental health issues |
| 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 |
Joinery workshop manufacturing garden furniture from recycled industrial pallets |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to the guidance issued by the Charity Commission on Public Benefit |
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 Para 1.38 Contribution made by volunteers 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 | Recycling Unlimited moved premises during this period. The attendees helped enormously with this move and most continued attending throughout the transition. During this period 2 of our beneficiaries were well enough to go back into full time employment. |
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 | Being forced to re-locate and having to pay for the re-development of our new site, seriously depleted our finances. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We would normally hold three months reserves in order to meet our wage bill. |
| Amount of reserves held | Para 1.22 | £10,000 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There is no uncertainty about Recycling Unlimited continuing as a going concern. |
| Additional information (optional) You may choose to include further statements |
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 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | As per our constitution: The Board of Trustees, as charity trustees have control of the charity and its property and funds. |
| 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 | The Board of Trustees, when complete, consists of at least three and not more than ten individuals, all of whom must be members. Potential trustees are identified by existing trustees and management. |
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Recycling Unlimited |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 110796 |
| Charity’s principal address | Harpings Road HULL HU5 4JF |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| M. Renfree | Chairperson | |||
| D. Trice | Vice Chair | |||
| J. Brader | ||||
| T. Stevens | ||||
| P. Bean | Appointed at AGM 15.7.22 |
|||
– Corporate trustees names of the directors at the date the report was approved
Director name None
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| None | ||
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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)
Rick Brooks (C.E.O.)
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) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Michael Renfree | Darren Trice | |
Chair |
Vice Chair | |
| 24 November 2022 | ||
| 24 November 2022 |
Recycling Unlimited Charity Number 1103796
Report and Statement of Financial Activities For The Year Ended 31 March 2022
Paragon Business Services Accountants For The Self-Employed
Recycling Unlimited Charity Number 1103796 Year ended 31 March 2022
Independent Examiner’s Report to the
Trustees of Recycling Unlimited
We report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 1 to 3.
Respective responsibilities of trustees and examiner
As the Charity’s Trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7) of the Act, whether particular matters have come to my attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matter. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with our examination, no matter has come to our attention:
-
which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
- have not been met; or
-
to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S R Fowler
Paragon Business Services 178 Hull Road Hessle East Yorkshire HU13 9NH 25 May 2022
Recycling Unlimited Statement of Financial Activities For The Year Ended 31 March 2022
| Incoming Resources Grants Received Sales Donations Rents Received CJRS Grant Investment Income Bank Interest Received Total Incoming Resources Resources Expended Direct Charitable Insurance Electricity, Rent and Rates Repairs and Alterations Materials Depreciation Other Expenditure Transport & Travelling Costs Wages Stationery and Advertising Communications Accountancy Charges Professional Costs Training Providers Volunteer Allowances Sundry Expenses Total Expenditure Net Movement of Funds In The Year Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Restricted Funds Funds 2022 2022 £ £ 25,000 30,194 5,513 - 7,786 3 68,496 0 1,753 4,302 16,545 3,795 2,968 3,583 34,628 255 901 372 1,158 9,000 900 150 80,310 - (11,814) - 75,695 - 63,881 - |
Total Funds 2022 £ 25,000 30,194 5,513 - 7,786 3 68,496 1,753 4,302 16,545 3,795 2,968 3,583 34,628 255 901 372 1,158 9,000 900 150 80,310 (11,814) 75,695 63,881 |
Total Funds 2021 £ 23,780 41,491 12,944 0 27,525 13 105,753 1,604 7,024 1,822 868 1,727 3,835 33,731 400 1,029 372 8,456 14,620 200 64 75,752 30,001 45,694 75,695 |
|---|---|---|---|
All the Charity's operations are classified as continuing. Movements on reserves and all recognised gains and losses are shown above.
- 1 -
Recycling Unlimited Balance Sheet as at 31 March 2022
| Fixed Assets Tangible Fixed Assets For Use By The Charity Current Assets Sundry Debtors and Prepayments 40,384 Stock 250 Cash and Bank Balances 7,048 47,682 Current Liabilities Sundry Creditors and Accruals 622 622 Net Current Assets Total Assets Less Liabilities Capital Unrestricted Funds Restricted Funds |
2022 £ 16,821 16,821 345 1,000 65,008 66,353 447 447 47,060 63,881 63,881 - 63,881 |
2021 £ 9,789 9,789 65,906 75,695 75,695 - 75,695 |
|
|---|---|---|---|
Approved by the Trustees and signed on their behalf by:-
……………………………………………………… Trustee
Date………………………………….
- 2 -
Recycling Unlimited Fixed Assets Schedule as at 31 March 2022
| Cost as at 1 April 2021 Disposals in Year Additions in Year Cost as at 31 March 2022 Depreciation at 1 April 2021 Depreciation Disposals Depreciation for The Year Depreciation at 31 March 2022 Net Book Value at 31 March 2022 Net Book Value as at as 1 April 2021 |
Equipment £ 26,383 - 10,000 36,383 16,594 - 2,968 19,562 16,821 9,789 |
Total £ 26,383 - - 26,383 16,594 - 2,968 19,562 16,821 9,789 |
|---|---|---|
- 3 -
Recycling Unlimited Charity Number 1103796
Report and Statement of Financial Activities For The Year Ended 31 March 2022
Paragon Business Services Accountants For The Self-Employed
Recycling Unlimited Charity Number 1103796 Year ended 31 March 2022
Independent Examiner’s Report to the
Trustees of Recycling Unlimited
We report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 1 to 3.
Respective responsibilities of trustees and examiner
As the Charity’s Trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7) of the Act, whether particular matters have come to my attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matter. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with our examination, no matter has come to our attention:
-
which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
- have not been met; or
-
to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S R Fowler
Paragon Business Services 178 Hull Road Hessle East Yorkshire HU13 9NH 25 May 2022
Recycling Unlimited Statement of Financial Activities For The Year Ended 31 March 2022
| Incoming Resources Grants Received Sales Donations Rents Received CJRS Grant Investment Income Bank Interest Received Total Incoming Resources Resources Expended Direct Charitable Insurance Electricity, Rent and Rates Repairs and Alterations Materials Depreciation Other Expenditure Transport & Travelling Costs Wages Stationery and Advertising Communications Accountancy Charges Professional Costs Training Providers Volunteer Allowances Sundry Expenses Total Expenditure Net Movement of Funds In The Year Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Restricted Funds Funds 2022 2022 £ £ 25,000 30,194 5,513 - 7,786 3 68,496 0 1,753 4,302 16,545 3,795 2,968 3,583 34,628 255 901 372 1,158 9,000 900 150 80,310 - (11,814) - 75,695 - 63,881 - |
Total Funds 2022 £ 25,000 30,194 5,513 - 7,786 3 68,496 1,753 4,302 16,545 3,795 2,968 3,583 34,628 255 901 372 1,158 9,000 900 150 80,310 (11,814) 75,695 63,881 |
Total Funds 2021 £ 23,780 41,491 12,944 0 27,525 13 105,753 1,604 7,024 1,822 868 1,727 3,835 33,731 400 1,029 372 8,456 14,620 200 64 75,752 30,001 45,694 75,695 |
|---|---|---|---|
All the Charity's operations are classified as continuing. Movements on reserves and all recognised gains and losses are shown above.
- 1 -
Recycling Unlimited Balance Sheet as at 31 March 2022
| Fixed Assets Tangible Fixed Assets For Use By The Charity Current Assets Sundry Debtors and Prepayments 40,384 Stock 250 Cash and Bank Balances 7,048 47,682 Current Liabilities Sundry Creditors and Accruals 622 622 Net Current Assets Total Assets Less Liabilities Capital Unrestricted Funds Restricted Funds |
2022 £ 16,821 16,821 345 1,000 65,008 66,353 447 447 47,060 63,881 63,881 - 63,881 |
2021 £ 9,789 9,789 65,906 75,695 75,695 - 75,695 |
|
|---|---|---|---|
Approved by the Trustees and signed on their behalf by:-
……………………………………………………… Trustee
Date………………………………….
- 2 -
Recycling Unlimited Fixed Assets Schedule as at 31 March 2022
| Cost as at 1 April 2021 Disposals in Year Additions in Year Cost as at 31 March 2022 Depreciation at 1 April 2021 Depreciation Disposals Depreciation for The Year Depreciation at 31 March 2022 Net Book Value at 31 March 2022 Net Book Value as at as 1 April 2021 |
Equipment £ 26,383 - 10,000 36,383 16,594 - 2,968 19,562 16,821 9,789 |
Total £ 26,383 - - 26,383 16,594 - 2,968 19,562 16,821 9,789 |
|---|---|---|
- 3 -