## **Trustees’ Annual Report for the period** ## **From 01/04/2023 Period start date To 31/03/2024 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|**We have settled into our new home and**
**received a lot of very positive feedback**
**regarding the new site, it’s layout and**
**generous work areas. A new extension**
**houses our latest metal working**
**department, fully funded by The National**
**Lottery and Hull & East Riding Charitable**
**Trust.**
**Our client list has grown by 5 allowing for**
**newbies and those that have moved on.**
**We have relaunched the charity under a**
**new brand name or trading name:**
**‘Turning Corners, Hull’ with a new**
**website: www.turningcorners.org.uk**| ## **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|**We are back in a sound financial position**
**following our relocation expenses of the**
**past two years.**| |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 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 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** |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|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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
held in this capacity|N/A| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A| ## **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)** M. Renfree Darren Trice **Full name(s)** Michael Renfree **Position (eg Secretary,** Chair Vice Chair **Chair, etc)** **Date** 21[st] October 2024 Recycling Unlimited Charity Number 1103796 Report and Statement of Financial Activities For The Year Ended 31 March 2024 Paragon Business Services Accountants For The Self-Employed ## Recycling Unlimited Charity Number 1103796 **Year ended 31 March 2024** Independent Examiner’s Report to the ## **Trustees of Recycling Unlimited** We report on the accounts of the charity for the year ended 31 March 2024, 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 31 May 2024 ## Recycling Unlimited Statement of Financial Activities For The Year Ended 31 March 2024 |Incoming Resources
Grants Received
Sales
Donations
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
Pension Contributions
Stationery and Advertising
Communications
Accountancy Charges
Professional Costs
Training Providers
Equipment Expensed
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
2024
2024
£
£
17,000
29,000
39,278
45
247
56,570
29,000
2,173
6,607
6,298
1,007
1,243
3,460
2,250
31,170
29,493
344
376
374
378
1,196
-
-
-
846
56,715
30,500
(145)
(1,500)
65,301
1,500
65,156
-|Total
Funds
2024
£
46,000
39,278
45
247
85,570
2,173
6,607
7,305
1,243
3,460
2,250
60,663
344
376
374
378
1,196
-
-
-
846
87,215
(1,645)
66,801
65,156|Total
Funds
2023
£
48,250
37,672
5,450
5
91,377
2,173
5,698
6,346
1,667
4,071
3,597
49,308
-
304
360
378
2,620
5,090
5,100
747
998
88,457
2,920
63,881
66,801| |---|---|---|---| 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 2024 |Fixed Assets
Tangible Fixed Assets For Use
By The Charity
Current Assets
Sundry Debtors and
Prepayments
32,356
Stock
250
Cash and Bank Balances
13,702
46,308
Current Liabilities
Sundry Creditors and
Accruals
762
762
Net Current Assets
Total Assets Less Liabilities
Capital
Unrestricted Funds
Restricted Funds|2024
£
19,610
19,610
35,930
250
8,189
44,369
638
638
45,546
65,156
65,156
-
65,156||2023
£
23,070
23,070
43,731
66,801
65,301
1,500
66,801| |---|---|---|---| Approved by the Trustees and signed on their behalf by:- ……………………………………………………… Trustee Date…………………………………. - 2 - ## Recycling Unlimited Fixed Assets Schedule as at 31 March 2024 |Cost as at 1 April 2022
Disposals in Year
Additions in Year
Cost as at 31 March 2023
Depreciation at 1 April 2022
Depreciation Disposals
Depreciation for The Year
Depreciation at 31 March 2023
Net Book Value at 31 March 2023
Net Book Value as at
as 1 April 2022|Equipment
£
46,703
-
-
46,703
23,633
-
3,460
27,093
19,610
23,070|Total
£
46,703
-
-
46,703
23,633
-
3,460
27,093
19,610
23,070| |---|---|---| - 3 - Recycling Unlimited Charity Number 1103796 Report and Statement of Financial Activities For The Year Ended 31 March 2024 Paragon Business Services Accountants For The Self-Employed ## Recycling Unlimited Charity Number 1103796 **Year ended 31 March 2024** Independent Examiner’s Report to the ## **Trustees of Recycling Unlimited** We report on the accounts of the charity for the year ended 31 March 2024, 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 31 May 2024 ## Recycling Unlimited Statement of Financial Activities For The Year Ended 31 March 2024 |Incoming Resources
Grants Received
Sales
Donations
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
Pension Contributions
Stationery and Advertising
Communications
Accountancy Charges
Professional Costs
Training Providers
Equipment Expensed
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
2024
2024
£
£
17,000
29,000
39,278
45
247
56,570
29,000
2,173
6,607
6,298
1,007
1,243
3,460
2,250
31,170
29,493
344
376
374
378
1,196
-
-
-
846
56,715
30,500
(145)
(1,500)
65,301
1,500
65,156
-|Total
Funds
2024
£
46,000
39,278
45
247
85,570
2,173
6,607
7,305
1,243
3,460
2,250
60,663
344
376
374
378
1,196
-
-
-
846
87,215
(1,645)
66,801
65,156|Total
Funds
2023
£
48,250
37,672
5,450
5
91,377
2,173
5,698
6,346
1,667
4,071
3,597
49,308
-
304
360
378
2,620
5,090
5,100
747
998
88,457
2,920
63,881
66,801| |---|---|---|---| 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 2024 |Fixed Assets
Tangible Fixed Assets For Use
By The Charity
Current Assets
Sundry Debtors and
Prepayments
32,356
Stock
250
Cash and Bank Balances
13,702
46,308
Current Liabilities
Sundry Creditors and
Accruals
762
762
Net Current Assets
Total Assets Less Liabilities
Capital
Unrestricted Funds
Restricted Funds|2024
£
19,610
19,610
35,930
250
8,189
44,369
638
638
45,546
65,156
65,156
-
65,156||2023
£
23,070
23,070
43,731
66,801
65,301
1,500
66,801| |---|---|---|---| Approved by the Trustees and signed on their behalf by:- ……………………………………………………… Trustee Date…………………………………. - 2 - ## Recycling Unlimited Fixed Assets Schedule as at 31 March 2024 |Cost as at 1 April 2022
Disposals in Year
Additions in Year
Cost as at 31 March 2023
Depreciation at 1 April 2022
Depreciation Disposals
Depreciation for The Year
Depreciation at 31 March 2023
Net Book Value at 31 March 2023
Net Book Value as at
as 1 April 2022|Equipment
£
46,703
-
-
46,703
23,633
-
3,460
27,093
19,610
23,070|Total
£
46,703
-
-
46,703
23,633
-
3,460
27,093
19,610
23,070| |---|---|---| - 3 -