Resource Youf job search starts here (A COMPANY LIIWIED BY QUARANTEE) TRuSTEREPORT AKI FOR THE YEAR ENrD31 iECEMBER21J23 Cornpany No: 05211299(Eftd aDdWs) Chartty No: 020 8346 41001 HELLO@RESOURCE-CEMTRLORG I RESOURCE-CEIIIRE.ORG 894 Htth Roal LDndNL N12 9RH
EHPLOYMEiif RlmIcECEF1[RE CONTENTS Legal and Administrative information Trustéég and Directorg Report 3-12 Independent Eine$ Report Statement of Flnancial Activitieslincluding Income and Expenditure Account) 14 Balance Sheet 15-16 Notesto the Flnancial Statements 17-22
EIIPLOYMENT RESOURCE CEiifRE LEGALAP4J ADMI41STRATIVE INFORPIATION Forth¢Yr•nded 3W D•¢th2023 The Employment Resource Centre. trading as Ilesourc¥, isa cownpany limited by guarantee registered in England & Wales and a registered charity governed by its Memorandum and Artlcles of Association. The charity number is1106331. The company number Is Q5211299. The board of ihe charitable company (the charitll is its Trustees for the purposes of charity law and throughout this report are collectively refeed to as the Trustees. The Trustees are elected by Ihe members of the charitable company attending the Annual Gener81 meeting 8nd they all serve 3-year terms following which they niaystand for re-election. The Trustees serving during the period and slncethe period end are as follows: Chair: Mlchael BeTa B¥bara Carter Shlrley Fenster Ame Fenton James Field Kate Futton Jeremy Kelly Slmon Mitchell Peier Mus9rave Barry Mordsley Natalie Smith Ireslgned131(n120231 (appointed 1610612023) Iresigned1310712023, and re-appolnted 181DV20241 (appointed 1610612023) lappointed1610612023) Ireslgned 13107120231 (resigned 13107120231 Davld Arnold MBE Julian Glicher FCA Patrtcia Ward Alan Sanders Victorla Sterman - Chief Executive Ofllcer
LEGAL AND ADHINISTRATNE INFORKaTION Fortheyear •nded 3V tlecember 2023 Reglstered Offi¢e 894 High Road London N12 9RH TaylorViney& Marfow Limited Ch¥iered AcCounttS 46-54 High Street Ingatestone Essex CM4 90W
ForthDyearended3PDecembw 2025 The Trustees present their report 8nd the finanelal statements of the charity for the year ended 31 December 2023. Th& Trustees have adopted the provisions of the Statement of Recommended Practice (SORP 2019)'Accounting and Reporting by Charitieg IFRS 102) in preparing the annual report and financial ststements of the charity- Legal and administrative information set out on page I forms part of this report. The financlal ststements compty with current slatutory requirements. the Memorandum and Articles of Association and the Statement of Recommended Practice- Accounting and Reporting by Charitie& ObJ•ctofthe Sodety The Charitys object and its principal activity is: _ The relief of unemployment for ihe benefit of the public ITh such ways as may be thought fit includin9 assistance to find employment. Working name -Resourcrf. The Charity is UK based with its office in London. The Charr(S goveming body is the Board of TNstees, which comprlses at least three and not more than fifteen individuals, all of vthom must be members. The Trustees meet regularty to manage its affairs, to oversee the work of the Charity. to consider future projects and are involved in strategic decisions for the organisation. Inve8tmeDt pow•rs Underthe Memorandum and Articles of Association. the Charity has powers. which may be exercised onty Sn promoting the Objects of the Society. PuWkb¢Mftt The Char5tles Act 2011 requires all charities to meet the legal requirement that Its alms are for the public benefit. The Charities Commission in its Charities and Public Benefit guidance states that there are two key principles to be met in order to show that an organlsation& aims are for the public benef it.. firstly. there must be an identifiable benefit or beneflts and secondty. that the beneflt must be to the public or a section of the publ1¢. By helping to provide skills and encouragement leadlng to employment. the Trustees consider that they have complied th section 17 of the Charities Act 2011 and the guidance issued by the Charity Commissioners in respect of Public Benefit.
Resource Is a charity that helps unemployed people, predominantty from the Jewish community, into employment. Our primary objective is to support unemployed people with their job search. en8bling them to get back into WO as quickly as possible. Rooted in Jewish culture. Resource offers expert guidance and suppon to people of all backgrounds. Vlsltsn Resource's vision is that all Jewish people will be able 10 SUPPOrt themselves f inanclally and where help is needed to get into efflploym&nt, Resource is able to provide that support. Mission Resource exists to ensure that no Jewlsh person facing unemployment or wishing to turn to work is unsupported. and that they are helped to acquire the necessary skills and confidence to gain employment, self-ernploymentorvolunlary work. Resource is locatÈd In North Finchley in the London Borough of Barnet. which is home to the UK'S largest Jewish community, and we are well-pl8ced to support the Jewish community in London and the Southeast of England. We are alsD available remotety and people access our setvices online Irom all of the United Kingdom. Resource's methodology is that of pairing each service user with a professional Advisor to build a ontrto- one relationship of trust. Through these relationships, Advisors encournge clients{seNice userslto engage In Resource's programme of training and support. Advisors provide practical advice and guidance, working with each client to plan their approach to their job search, develop their marketing tools including a CV, a Linkedln profile and covering letters. and practice their interview skills. Advisors will also provide emotional support and encouragement to job seekers. recognising the struggles of being unemployed and working towards boosting thelrself-¢onfidence and self-belief Highlightsotthe Yèar In 2023 we supported almost 1,000 people. through attendance at ourtailored job search programme or on@ or more of Our0Off events or wotkghops. We offer a hybrid seThlce, where cllents can aecess our seNlces in person and rèmotely, according to their preference and accessibility needs.
TRTEREPORT Fortheyearended 3V Dec•mber 2023 HigNh¥tsof th•Y•orlnIIThU•d) Each client has access tu one to one support from a dedicated Advisor. the option to attend a range of relevant interactive workshops, seminars or webinars, one to one IT tralnlng. mock interélews. psychometric profilingi and the use of facilities such as computers and printÈrs. In addition to the practical supp(rt each client receives. we provide robust emotional support to help boost and motivate people (ping through job search. The v8St majority of the dients we 8UPPOrted durfng 2023 described their self-confideTrce in their job search as hwling improved as a result ot theirtime spent with Resource. Our success tate is consistently high. and we are proud that we have helped so many people from all professional backgrounds(and none)to secure employment thts year. During the last few years. our community of past Resource clients, knowTr as the Resource Community, has gone from strength to strength. The Community has a dual wrpose- to alumni progress in their careers. givlng them access to tralnlng and Thetworklng events, as well as keeping in regular contact with Resource. At the same time, we ask Re80uree Community fflembers to help our cuffent clients with networking introductions, to provide information and to entIfy employment opportunities within their field. The Communlty currently has more than 950 m8mbers, and we actively keep in touch with them through newsletters and evenl8. Tailored Job Search Proqrammes During the year under review Resource was able to provlde support to 628 clients on the tailored. in depth. job search programme to help find and secure employment. whith was double the number that we supported the previous yw. There are no chargesto our cllentsfor any of the services provided. whlch include: Advlstsrs Each cllent Is asslgned a dedicated professional Advisor to help clients focus on their job search strategy. All of Resource's Advisors have achieved success in one or more industries and businesses. The requirements of each of our cllents are different. and It Is through the efforts and sensiti¥tty of our advisors that clients receive a consistently high standard of setvice. tailored to the specific job and
support needs of each and every individual. We currently ha¥e 16 Advisors in Dur team. and plan to recruit an additional four in 2024. Regular contlnuous protessional development sessions held for Advisors to ensure that they are kept up to date with current recruitment practices. Workshops and Semlnars Resource offers 10 dlfferent workshops and seminars coverinq all aspects of job search and Career development. Most of the sessions are f11 days, and they include Practlee Your Interview SKills, Communication and Presentation Skills, Introduction to Linkedln. 8nd Advaneed Llnkedln. Our full day flagship seminar, Job Search and CV Workshop, provides the starting polnt for clIen10b search. We introduced a new workshop this year, to guide clients to use social media (particularly Facebook. Instagram and TikTokl In their job search. The worfÉshops are mostly delivÈrÈd face to face, and thefull list of workshop titles is as follows- Job Search and CV Networking Skills Interview Skills Introductlon to Linkedln Linkedln- Beyond the Profile Communication & Presentation Skills Crnr Review & Planning Yes You Can Make 8 successf Impact in your New Role Howto use FacebooK Instagram and Tik Tok to land a job Mock interviews are encourdged for all clients before attending a real inierview and are conducted In as lifelike condwEions as possible, and are often arranged at short notice once the candidate has an interview appointment. The opportunity to practice the interview and receive constructive feedback is an invaluable part of the interview preparation and provides a Significant confidence boost to job seekers. The setting for the mock Interview is always detem)ined by where ihe clienfs actual interview wlll take place, which may be in person, on Zoom, Teams, Google Meet or Google Hangouts. We expanded our mock interviewer team this year and now have 5 dedicated mock interviewers.
EMPLOYIIEKf RESOURCECENTRE ITTraining Our experienced and knowledgeable IT trainers provide one-to-one tuition and guidance on Microsoft Office packages and the Internet to enable clients tD upgrade their skills, or improve their confidence In uslng IT. for todaK$ workplace. Each session is tailored to the individual. and may cover bas1¢. intèrmediate or advanced levels. Psydmxnetiic Proflling Psychometric profiling can help clients to uncover the values and interests that are important to their overall career satisfaction, as well as gaining an opportunity to practice completing a psychometric profile or test. Clients can choose to undÈrtake an online psychoJnetri¢ profiling exercise to be reviewed wlth a qualified Psychoffletric advisor. woand Events In addition to our comprehensive progrdmme forjob seekers, Resource designs and produces a number of ontroff workshops each year for people who do not have the tlme or the need to register for our Tailored Job Search programme. In 2023 our workshops included the followin9- Howto Usesocial metha and Al in your job searth In li9ht of the increasing imporLince of social media and Artlficial Intelligence IAII Sn finding work. we brought together a team of experts in partnership with JW3, for an exclusive webinar on how to use social media in your job search with quest speaker social media employment expert. Shoshanna Oavi5, Founderof FairyJob Mother. Creatlng a ¢over1gtterusing ChatGPT Al is now commonly used by many companies in their recruitment process to screen applicants and their Cvs but it can also be used by job seekers to help write Cvs and cover letters if used in the right way. We produced an instructional video explaining how to use ChatGPT for recruitment purposes. R•sour¢eeV & T•a sessions at the Headroom Café The event, held at JAMI'S Head Room Cafè in Golders Greeni proved a big hit ovEr two days when 40 CV client sessions were held overseen by six Resource advisors.
EMPLOYHEiif RESOURCE CEpmiE Supperqulx202J We woro delighted to raise £5.500 Irom ourannual supperquizat Flnchley Reform Syrnagogue attended by200 people. Voluntootswo•k cel•brtionat th•Freud Mu8ewn We marked national Volunteerg Week 2023 in style bytreating their own loyal barwj of volunteers to a private tour of the Freud Museum in HpSteadf0ll0Wed byafternoon tea in the garden. matcl¥Mkkng evertin Partn¢rsNpwlthJWJ We welcomed a room lull of job seekers at our Job Matchmaking evènt. Attendees were given insights and tips fmm career experts on how to tand thelr'dream job,. Sessions Included CV development to secure you an interview. how to network your way inio your dream job, interview PParation and the Importance of elevator pitch. and was rounded off with a Q&A session. Res0cOMmUnyvent. Al in aetlonat6oogleKlng8Cross Over 50 members of our Resource Community attended Google's offices In Kings Cross for an event in Our contlnuous professlonal development series. The topic was Al in Aclion. guests were treated to insights in the incredible progress achieved as a result of Al and heard about the future of Al In the workplace from our Google Al expert. Terryspitz. N•wto the L A special workshop for Israeli peop18 in the UK. off&ing practical tips for those loohlng to stsrt work in thls country. The workshop was pked with tips from our career expert Maidment, and lrnmlgration Advisor Liran Perez. Kim spoke about what kind of accommodatlon might be available, how to find employment. what should a corbtract ot employment look like, tax ar)d insurance Implicatlons. This Resource Community event COV8red how to deal with the iThplicatlons of the current sttuation in Israel in the everyday workplace,. Hosted by Kate Fulton, in conversation with our special guest speaker Michal Oshman. Tech Executive and distinguished author of the novel Ylhat would you do if you weren afraidT. the audience were inspired to'replace fear wlth purpose.. believe that'we have what it takes to
EMPLOYMEKf RWURCE CENTRE TRIISTEREP0RT Fortheyear ended 3P Deceffi 2025 overcome challengeg and remember to'stay connected to the communlty tt ifs also realty Important we stay connected to the widerorganisation.. 21r23 kn numkn. No. of indlvldual clientsatterwjlng Resource'sfull 628 No. of i)eople atten¢Jing special events l No. of One-onea ointments with advlsors i No. of full ro ramme clients securing emp.loyment 280 2086 221 Resource could not operate wlthout the dedlcated support and tireless energy and enthusiasm of its more than 60 pmfessional volunteers. We were delighted to welcome 15 new ¥Dlunleers in 2023. All volunteers receive comprehensive induction and regular training. and a number of wlal events are held during the yearto rgcognise and th8nk the volunteers for their Invaluable contribution. The Trustees are indebted to the professionalism and thg expertise of our professional staff and to all of Ihem we express our sincerethanks. The Trustees have met regularfy throughout the year to receive the CEIYS report and give strateglc advice and guidance. The Trustees assess the skill sets required by the Charity based on an 8nnLEal skllls assessment of the Board. In line with good practice the charity continues to seek and appoint Trustees with appropriate skills for strong governance. New Twstee5 are sought by advertising and by more informed methods of search: promislng candldates are inter¥lewed by Trustees and briefÈd by senior staff. New Trustees undergo an orientation day to brief them on their obligations under charity and company law. the content of the Articles of Asso¢iation. the commlnee structure and de¢ision-maktng process. Ihe operatlonal strategy, current issues and recent flnancial performance of the charity. Durfng the inductlon day they meet key volunteers. employees and other Trustees. TrustÈÉs are encouraged to attend board worl(shops and appropriate exiemal training events where these wlll facilitate the undertaking of their role.
ResourceAdvlsory Council The Resource Advisory Council engaged enthusiastically wilh the CEO and Chair of Trustees tu provide guidance and support to the Trustees. We are grateful 10 the Advisory Council. which currently comprises recently retired Trustees, for their continuing enthusiasm for Resourtte and its community support. With the support of a generous grant from the Wohl Legacy in 2022, we continued to Increase efforts to raise our profile in the communty, to ensure th8t our services are known to everyone who may need them. Our marketing campaigns included advertisements on bus stops and sides of buses. large billboards ano sponsored social media. In addition to this, we have regularly advertised in the Jewish press and in synagogue publications. we've contributed to the weekly'Ask the Exper¥ feature in the Jewish News, and maintained an inereased presence on social media to achieve more visibility withln Ihe community. Resource is proud tsf our ongoing partnerships with a variety of communal oryan188tions, including JAMI. Migdal Emunah, JWS. MÈctAbi Streetwise. ORT UK. UJS and Work Avenue. By working in close collaboratlon with our partners we can ensure we provide the most relevant. targeted and appropriate support for members of our community who are in need. Resource is 9ratef ul to receive grants from a number of individuals and charitable trusts that fund our work. We are extremely appreciative of the continued support provided to us by Jewish Blind and Disabled. Res•r¥es Poilcy In line with the recommendatiuns of th& Charity Commission, the Trustees have formalty adopted a reserves policy. This recognises that the income of the Company does not arise evenly year on year and so to enable the Cofnpany to plan its activities the Trustees have decided it would be prudent to hold reseNes equal to six- nine months running costs. Based on the 2023 accounts. annual 1CoMe totalled £286.40212022: £333,9591 and annual expenditure totalled £401,68012022: £347,096). This resulted in a deficit for the year of £115,278 12021-. deficit of £13.1371 with overall surplus reservesat 31 December 2023 of £172,80312022: É287.8811. Donations were £47.000 less this year compared to last. Thls shortFall was due to a strategic decision to postpone our major fundraising campaign, originally planned for November 2023. The events in Israel on 7th October 2023 deeply impacted our community, arkd it was felt to be insensitive to launch a large-scale fundraising campaign focused on the UK Jewish community during such a difficult time. Thereforg. we io
made Ihe decision to postpone the campalqn until February 2024. This strateglc shift proved successful. and the rescheduled campaign raised over £lOO.000. Risk Management The Trustees have carried Dut a detalled revlew ol the Charltys activities hlghlighting the rlsks the Charlty is exposed to and th8 Steps taken to mitigate those rlsks. As part of this process the [Stee$ have revlewed the financial procedures in order to ensure that they still meet the needs of the Charity. The major risks to which the Company is exposed, as identified by the Trustees. are and will contlnue to be regularty revlewed, and systems have been will be established, and where appropriatei professlonal advisors have been or will be appointed to mltigate those risks. Resource Is funded primarily by indlviduals and trusts in the Jewish communlty and its rnain focus 15 to serve the needs of the communily. Resource appreciates funding from beyond the ConunIty and vthere P055ible wlll help anyone, regardless of rellgion. The Trustees Would Ilke to record their thanks to au ot the donors, volunteers and management team. without whotn none of the worff would be possible. The Trustees (who are also dlrectors of Employment Resource Centre forthe purposes of cunpany lawl re8ponslble for preparin9 the Trusteeg Annual Report and the flnanclal statements in accordance with applleable law and United Kingdom Accounting StsThdardslUnited Klngdom Generally Accepted Accounting Pr8Cticel. Company law requires the Trustees to prepare financi81 staternents for each financlal year. which give a true and falr 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 that period. In preparing these firwncial statement& the Tnjstees are required to: select sultoble accountlng policies and then applythem conslstently: observe the methods and prlnciples in the Chartiies SORP201S- FRS 102 makejudgements and estimates that are reasonable and prudent", state whether applicable UK Accounting Standards have been followed, subject to fflalerial departures dlsclosed and explained in the f inancial statements". prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable companywill continue In operation.
The Twstees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the flnancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraudand other Irregtslarities. In so far as the Trustees are awa= there 15 no relevant information of which the charitable companys independent examiner is unaware". and the Trustees have taken all epS that they ought to have tsken to make themselves aware of any Tele¥ant information and to establish that the independent examiner is aware of that infomiation. This Report wasspproved by the Twstees on18July 2024 and signed on its behalf by: M Beral-Tn P Muwave . Tni8t•o 12
EPROYMENTRESIYMECEMtRE INDEPENDEpif EXAMINEifs REPORT ON THE UNAiX>ITEDACCOUNTS TO THETRUSTEES OFTHE EMPLOYMEKf RESOURCECENTRE I report to the charity Trustees on my examination of the ac¢ouTrts of the company for the yeBr ended 31 December 2023 which are set out on page$14 to 22. RvJpoMlbllltle8 and bas1$ of report As the charity Trustees of the company land also its directors for thè purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061the 2006 Acfl. Having satisfied rnyself that the accounts of the company are t)ot required to be audited under Part16 of the 20D6 Act and are eligible for independent examination, I report in respect of my examination of your companls accounts as carried out under section 145 of the Charities Act 2011 Ithe 2011 ACVI In cafrying out my examination I h8ve followed ihe Directions given by the Charity Commission under $e¢tlcffi 14q5Xbl of the 2011 Act. 1ndeptndehtemlnerfsstateent Slnce the compan$ gross income exceeded £250,000 your examiner must be a member of a body listed In section 145 of the 2011 Act. I conf im) that l am qualified to undertake the examination because l am a Member of the Institute of Chartered Accountants In England and Wales. whlch Is one of the listed bodies. I have completed my examination. I confimi that no fflatters have come to my attention in connection with the ex8minatlon glving me cause to believe that in any material respect: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; c 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requiremenl that the accounts give a Irue and fair viev¥ whleh Is not a matter considered as part of an independent exarninatlon; or 4. the accounts have not been prepared in accordance with the mÈthod8 and principles of the Statement of ReCended Piactice for accounting and reporting by charities applicable to charltles preparing their 8ccounis In accordance with the Financial Reporting Standard applicable in the UKand Republic of IrelandlFRS102). I have no concerns and have come across no other mattèrs In connectlon wlth the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. Signed.. DavDd J. Stevens Institute ol Chartered Accountaftts in England andWal•s Taylor, Viney & Harlow Limlted 4H•4 Trlgh Street Inqatestonp Essex CM49DW 13
EMPLoYHENfRESOURCEIE STATEHENTOF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACC(MJpm F(%R THE YEAR ENDED 31 DECEMBER 2023 2023 2023 2025 tk)nation8 266.489 266.489 320,948 320.948 Fund raising events 16,187 11.066 ii.066 Bank interest received 3.T26 3,726 1.945 1.945 286,402 286,402 333,959 333,959 CharhalA••xpendlttwe Fund raising activities 8.109 8.109 8.014 8,014 Professional services 38.137 35,860 35,860 Management & AdmiThistratlon 355.434 355,434 303,222 303,222 401.680 401,880 347.096 347.096 Funds brought fonvard 287,881 287,881 16,569 284,449 301.018 Net movement Infunds 1116,278) 1115,278) (13.1371 {13.i571 Transfer between funds 116,5691 16.569 T11603 172,603 287.881 287,881 The ststement ol financial activities indudes all gains and losses recognised in the year All incomlng resources ar resources expended derive from continuing activities. 14
BALANCE SHEEf ASAT31 DECEMBER 2023 Not Flxed Asset$ Tangible assets 8,669 CurrentAssets Debtors Cash and bank 14.217 184,371 15,614 289,610 198,594 305.224 Creditors AThounts falling due within one year (34,148) 126,012) 164,446 279.212 Net assets IT2,603 287.881 CIArfty F4WW Unrestricted ftjnds IT2.B03 287.881 Memkn funds 172.B03 287.881 15
BALANCE SHEET(CONTINUED)AS AT 31 DECEER 2023 In preparing thèse f inancial statements al The Trustees are of the opinion that the company is entitled to ihe exemplion from audit conferred by Section 477 of the Companies Act 2006 b) No notice has been deposited undersection 476 of the Companies Act 2006 and cl The TTUStees acknowledge their responsibilities for ensuring th8t the company keeps accounting records which cornply with Section 386 of the Companies Act 2006 preparing accounts which give a ttue and fair view of the state of affairs of the company as at the end of the f inancial year and of Its profit or loss for the financial year in accordance with Sections 394 and 395 and which otheTWiSe comply with the requirements of this Act relating to 8ccounlS. so far as appllcable to the eompany. These financial statements have been prepared in accordance with the provisions appllcable to companies subject to the small companieg regime. These financial statements were approved bythe Trustees 0Tr18 July 2024. Micha•lBeral- CtrAr Peter Plusgrave- Trustee CnY Reglstrath)n Nth (FJ211299 16
EMPLOYMENT RESOURCECENTRE NOTES TO THE FA4ANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢ount¥ry Poll¢10S 1.1 General informatlon and basis of pr0ratIOn The charlty constitutes a public benef it entity as defined by FRS 102. The financial statemÈnts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applitrable to charities preparing their accounts in accordance with the rinancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued In October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021 the Charities Act 2011. the Companies Act 2006 and UK Generalty Accepted Accounting Pr8Ctice. The eharlty has applled Update BullÈtln l as published on 2 Febrnary 2016 and does not Include 8 cash flow statement on the grounds that it is applying FRS 102 Section lA. The financial statements have been prepared to give a true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required io provide a ttrue and fairvieW. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended PtICe applicable to charities preparing their accounts in accordanc8 with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommendéd Practice effectlve from l Aprll 2005 which has since been withdrawn. The flnanclal statements are prepafad in sterling, which is the functlonal currency of the charity. Monetary amounts in these flnanclal statements are rounded to the nearest £ The si9nificant accountlng policie5 applied in the preparation of these financial slatements are set out bèlow. These policies have been consisrently applied to all years presented unless otherwise ststed. 1.2 Income 81 Income is recognlsed in the yearlo which it relates. Income is deferred only when the Trust has to fulf il conditSons betore becoming èntitled to it or when the donor has specified that the income is to be expended In a fijture perfod b) Voluntary incotne is recelved by way of donations and 9ifts and is included in the Ststement of Financial Activities when recelvable. The income from fundraising ventures Is shown gross. with the associated costs included in fundraisinq costs. Fwdraiilng costs Fundraising expenditure comprises costs incurred In the staglng of general fundraising events. 17
NOTES TO THEFINANCIALSTATEIIENTS FOR TIE YEAR ENDED31 DE(£MBER %125 lj Costs of managlngand admintSteriny th• charity Administration expenditure includes all expènditure not directly lated to the charitable activity of fundralslng ventures. 1.4 Tangible flxeda#•ts and depreclation Tangible flxed assets are stste(l at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows= Fixtures. fittings and equlpment Leasehold improvements - 25% reducSng balance - over the ierm of the lease 1.5 Fundsaccounting Funds h&ld bythe Trustare: Unrestricted general funds - these are funds that can be used in accordance with the charitable objects atthe dlscretion of the Trustees. Designated funds - the Tntstees may at their discretion, set aside unrestricted funds for specrflc purposes. Referto note 9. Deficit /Swpiu8 forthey•r Deficit I Surplus forthe yÈar Is stated after charging=_ Depreclation of tsnglble assets 1474 5.235 Donations from individuals and twsts 266,489 320.948 18
EMPLOYMEiif RESIXIRCE CEiifiiE NOTES TO THE FINANCIAL STATEMEiirs FOR THE YEAR ENDED 51 DECEMBER 2023 Managan•nt and AdThMIMstrntlon 2022 Wages Staff pension Temporary staff Staff recruitment costs Staff tralning Rates and service charge Operating lease payments Gleaning Light & heat Repairsand maintenance Insurance Computer running costs eneral office & photocopier expense5 Travèlling expenses Postsge, courlerand delivery charges Consultancy fees Accountancy Bank charges Printing & stationery Advertising Telephone & Internet Entertsining Sundry expenses Depreciation and Amortlsation Loss on Disposal of tangible assets 201.178 3.498 159,685 3,100 2.343 70 2,490 9.600 50.448 2,185 258 1.825 1.931 18.991 742 210 148 7,410 3.360 464 417 22.398 2.150 333 10.320 45,742 4.172 124 2.478 logo 12,283 913 260 5.271 974 716 56.3n 3,605 i.ioo 2,474 465 5.235 2,533 355,434 303.222 The independent examinels remuneration amounts to an independentexamination fee of £4.020 12022- £3.360). 19
EWYmE1 RESOURCE CEMTRE NOTES TO THE FINANCIAL STATEMEPlfS FOR THE YEAR ENDED 31 DECEMBER 2025 TangbhAssets Leasehotd rovements Flxturesffttings & equipment Total At l January2023 Additions Disposals 48.334 39,930 1,962 88.264 1.962 As at 31 December 2023 48,334 41.892 .226 At l January 2023 Charge for the year Eliminated disposa 48.334 31.261 2,474 79.595 2.474 As at31 December21Y23 48,334 33.735 81069 As at31 December21Y23 8.157 As at31 December 2022 8.669 Alla5sets are used forthe charitable purposes of the Trust. Debtsr8 2023 Prepayments and accrued income thher debtors 74,217 14,614 1,000 14.217 15,814 20
EMPLOYMEiifRESOURCECENTRE NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED31 DECEMBER 2025 Creditors: amountstalkng du• wlthin one year 2023 Trade creditors Tax and social securfty A¢¢nlS Other credltors 16,048 7.534 4,020 6,546 19.428 3,000 3.584 34,148 26,012 Funde Urre8trict•d Fund Total Fd5 Broughtforward at l January 2023 Deficit forthe year Transfer between funds 287,881 1115.2781 287,881 (115,278) Total funds at 31 December 2023 72,803 172,603 Li*lty of M•mbers The liabilities of members are limited. The Cornpany is litnited by guarantee without any share capital. Every member is liable to pay. rf the Company is dissolved while he or she remains a member or withln 12 months aftenvards. up to the sum of £10 towards the cosis of dlssolution and liabilities incurred by the Company while he or she was a member. 21
EMPLOYIIEKfRESOURCECENTRE IIOTESTO THE FINANCIAL STATEMENTS FOR YEAR ENDEO 31 DECEMBER 21r23 Employoes The average number of employees durin9 the yearwas asfollows:_ 2022 Administration No Trustees receiyed any remuneration or other benefits during the year. There are no employees who received total employee benefits of more than £60.000. Finan¢kl Commitments As at 310ecember 2023 the Company was commttted to making ihe following payynents under non- cancellable operatin9 leases in the yearto 31 December2023: Land and buildh Operating leases which expire Within one year 33.000 36.500 33,000 36,500 Since the balance sheet date, the charity has entered into a lease agreement for r)ew premises at the end of January 2024. of which this new lease a9reement will cover a period of10 years with a break clause at S years.