REGISTERED COMPANY NUMBER: 05137644 (England and Wales) REGISTERED CHARITY NUMBER: 111)6639 Report of the Trustee&alld UJauthtedFinallcial Statom¢ntsbLthe Y¢aL£lld¢d.31Marth2024 Ashmole & Co FiT8t FIcM)r I St John'8 Coiut Uppcr Ffor¢st Way Enterprise Park SA6 8QQ
life COntentLAllanClal Stalem Page Report of the Trustees I to 13 IndeFndent Examin&s Report 14 Ststement of Financial Activities 15 Balance Sheet 16 to 17 Notes to the Financial Statements 18 to 35
ife Report of the Trust¢¢s for the Year Ended 31 MaTch 2024 The Trust¢e& who arc also directOTS of the cbaTity for the purposes of the CompaDies Acl 2006, present their report with the financial statements of th¢ ¢harity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Arxounting and Rcporting by Charities, Statement of Recommended Practice applicable to charities preparing th¢ir accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) (effectiv¢ l January 2019). Thc Report of the Truste¢s also compris¢s a Directors Report as required by company law. ORJECTIVES AIW ACTIVITIES Objectives and aims including public benefit The Trustees COnfll that they have complied with tbeir duty, under the Charitics Act 2011. to have regard to the Charity Commissions published publi¢ benefit guidelines in deterng the activities UDdwt&en by th¢ charity. The charity's objectives are to relieve petsons who are in need or hardthip or who are aged or sick Iparticularly but not cxclusively as a result of drug or alcohol abus¢); to relieve the dAstress caused thereby (particulaTly but not exclusively by providing advic4 infomlation, guidance and accommodation to individuals, to enable them to access suitsble treaknent). to give advice and a&8iStanc¢ to their families in Llanelli and in such other parts of the Unit¢d Kingdom or the world as the tsustees from time to time think fit. The CharAty also aims to advance education in accordance with Christian prin¢ipl¢s of children and adults (particularly but not exclusively in relation to the avoid1ce of dNg and alcohol Mis$e}, by such means as the stccs may consider appropriate in the ?iaid location and in such other parts of the United Kingdom or thc world as the Iiustees may from time to time think fiL Due to cvcr increasing probl¢ms with drug & alcohol abuse in the Cannarthenshire area, Choos¢lif¢'s aim is not only to help those who already have a substance misuse problem but to offer a positive alternative for th08e who might have a future substance misuse problem. Advice, infornwtion and guidan¢¢ are provided to individuals to cnable them to access suitable treatment and to help support Iheir families also. The benefits of our activities are SunSed in the Achievement and Perfornmnce section (below) and relate directly to our objectives. Page I
Choos Re ort of the Trustees for th Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE ACHtEVEMENTS OF PERI D Chooselife w&$ Set up in 1996 by the current Managing Director with a passion for helping people struggling with addiction and in 2004 it gained charitablc status. The Choos¢life Centre is locat¢d in one of the most deprived ar¢as of LlanelLi and the services provided have adapted over the years to continu¢ to meet the needs of its benefIciaries. We are proud to bave been able to continue to run valuable savic¢s amidst challenging times as many businesses and cknities hav¢ struggled and closed, and w¢ are still delivering services to thc disadvantaged in our conimunity. We have continued to fll)d new ways of working to ensure that w¢ are still meeting the needs of vulnerable and homeless people in our community after the Covid 19 Pandemic and offer an appointment Drop in Service which has improved the quality-of-servi¢e provision as the appoinknent system provides morc time for support statyto fOS on the n¢eds of out servi¢¢ users. The charity continues to meet the changing demands from bffleficiari¢s, providing support to some of th¢ most disadvantagcd and excluded people. Having worked with people in the community for over 28 years, we re¢ognise that many have similar problems and face similar challenges: _ o Low self<steem/confxdence/no communication skills o Suffering effects of Adverse Childhood Exp¢Tiences o Lacking social $kills/litsracy & numeracy problems o Involved in the ¢Timinal justice systcm. o Poor health/mental health o Homelessnes8 o Controlling their addiction5 Currelltty tbe maln chAllenges fadng our beneflciarlej are: o Acce&8ing Servic and benefit issues - beneficiari¢$ that hav¢ no computer skillsl fear of technology and inability to verbally communicate with other providers. o Homclessness - individuals who havc difficulty in securing and maintaining tcnancies. o Financial issues - benefici]¢5 spending money on substances, gambling witb liitle r¢nIllillg to buy food and ¢nergy supplies. o Other problems include controlling addictions. lack of training, limited employment opportunities due to their addictions and establishing new social networks. Current 8erviees: don-R overy-commu mo In 2012 Clwoselife started to provide supported accommodation with one propety which could house S people, this was thie to the lack of suitable acconmiodation and th¢ much-needcd support for the vulncrable in our community. Page 2
Choo rt of the TnLStees for the Y¢ar Ended 31 March 2024 Due to th¢ ongoing demand for support¢d accommodation, we have continued to expand the service with us uffently having the capacity to house and supwt 26 residents within 5 properties which are all situated within a 2-mile radius of the Cbooselif¢ Centre. Two of the propcrtics arc owTh¢d by Ch(K)selrfe, and it is our ain] long terni goal to own properties opposed Io Tentingi as It provides added security to residents and ableS us to have more control over maintaining properties. which in turn e1vdbl us to providc a hi8her Standard of The challenge of finding suitable properties for ARC Homes is ongoing and it would be morc beneficial for us to purchase a propety opposed to r¢nting as it would eliminat¢ any pot¢ntial risk of the Landlord ceasing his lease agr¢¢ment with Chooselifc. Having Capital funding or capacity to identify and secure funds for capitsl projects would be an ideal solutio During thc year we have supported 47 vulncrable individuals with their accommodation needs, with 23 residents being in supported accommodation at the start of the year, 21 residents moving out during the year and 24 new residents moving in during the year. At the end of the year, we had 26 individuals living in our properties. ARC Homth acwmmodation is running at the highest occupancy rate since it was ¢stsblished in 2012 and the need for additional accommodation is more evident as wc arc having to turn people away regularly. Chooselifc provides HMO supported accommodation where an individual has their own room and then shares the commut1 areas such as bathroom, kitLhen and living room. Support WOTkers cany out daily checks on the prop¢rties and individuals we support who often have complex needs such as substance n]isuse, mental health, offendll history etc. and can lack daily living skills or even the ability to manag¢ their own room. Support is provid¢d by staff to help residents and we also work with other agencies wheTe Tequired. Hclping individuals with their benefits and attending appOintmcn SUPPOrting them to re8lSter with health services such as GP. Dentist ctc. Can also be part of the support provided. Supported accommodation offers housing stability which can then enable individuals to work on other areas of their lives which tbcy are having difficulties with. Negative life experiences and events can often leave people feeling disempowered and hopeless, having stable acconynodation and support can often be th¢ tool that ¢nablc8 people to slowly Tebuild their lives. We WOTk with many other organi8alions to cnable residents to benefit from specialised support appmpriate to their needs and often with the support of different oiganisations pooling expertise residents Can mov¢ into their own accommodation. In CannartbenshAre, Wal¢s, during 2022-23, 9,246 hou8ehold$ were threatened with homelessness. similar to the previous year. However, 12,537 households wcrc assessed as homeless and owed a duty to help secure a0mmOdatio marking a 70/0 Increase from thc previous year. Additionally* 5,094 hou8ehold8 were identified as unintentionally homclcss and in priority need representing a 25•/• increase. The number of households in temporary accommodation reached 5,481. the highest figure reported 8in¢¢ the legislation was introduc¢d in April 2015. Page 3
Report of the TnteeS for tbe Year Ended 31 March 2024 Ther¢ is a high dem for l-bedroom flats/properties and there is a shortage of thes¢ cven amongst private rentals and with tb¢ continual incr¢ases to r¢nts these arc often unaffordabl¢ to individuals on bencfits. Due to the cost-of-living crisis and with shortage of accommcmlation we have s¢en many vu]nerabl¢ individLlS with nowhere to be housed. Individuals with complex life i&8u¢s can also struggle to secure accommodation due to advance rents. bonds. referenc¢s, and the issueg of long waiting lists. Chooselifc doesn't charge a bond or upfront rent and ty to make housing as accessible as possible for individuals on low income and can often house an individual within a day if necessary and this is very rewarding to see somcone coming to you homeless and on the same day to be able to help them move in to a warni, safe place to live and have helped them to claim benefits, provided them with a food parcel and clean clothes. During the year we have received more referrals from the Probation Service and our accomm(xlation has seen an increase in dernand as we have market¢d the service more widely and have created stronger links within the community, we are still getting referrals through Probation, HMP leavers, NACRO, Carniarthen Community Money Advice, The Wallich and other organisaiions and wc are continue to raise awaren¢ss of our servicc through local GP surgeries and other services in the wider community. In the upcoming year w¢ have planned internal refurbishment works whi¢h wer¢ not forthcoming during the reporting year due to finding reputable tradesmen and timings r¢quired to carry out Works. We have supported residents to gain employment during the year and due to the success of ARC homes several tenants hav¢ moved on into securcd private accommodation which is vy difficult in the current clima*. Christmas which can be a difficult time of year for residcnts with no family and difficult lifc circumstanccs and we were able to pmvide Food Hampers for all our residents. Having no extra money to buy luxury food items or having presents from farnily Can make it a difficult time, but th¢ Food Hamper was a real treat and helped residents to f¢cl as if someon¢ care81 IUD Our takeaway luncb¢s are a valuable service to the vulncrable individuals in our community which we provide 5 days per w¢¢k during the lunch time from 12.30 - 2pm and tbis year we have served 4508 lunches to 274 Andividuals. As we wod( in an aTea of high deprivation. due to the cost-of-living crisis, niany families/individuals are just getting by on benefits and a relying on Soup Ststions and focrflbanks to make ¢nd8 meet. Many from the Polish Community, some of whom do not receive benefits, so the food is something rclied on by many. The main issue for several of the Polish community is the inability to speak Aderstsnd English, which has prov difficult for staff/volunteers handing out take away lunches. We have worked with Carniarthen County Council during the year, who provided a tutor for weekly lessons which has proved beneficial to l¢arners and Staff, unfortunately the service ended in December. Individuals who access fire lunches can also benefit from other Sllpt with their daily living needs, benefits and any other problems arising. For many the free lunch is the only meal they have in a day. Comments from service u8¢r8 include: "It means a lot to mc to have the oplfjon to go and have the free takeaway lunch at the Centre as some days I anj really short of cash due to being on benefits and havlDg 2 dydughters to provfide for. 80 wlthout Chooselife some days I wouldn't be able to eat at all" Page 4
chSe11fe rt of the Trustccs for the Y¢ar Ended 31 March 2024 We are extrcmely grate1 to our volunteers, most of whom are on their recovery journey, giving something back by volunteerlng daily to prepare lunches for others in need. C&stell Howell hav¢ donated food to us on occ&sions throughout the year and this has ¢nabled us to mak¢ our budgets go further or dependent on th¢ pr(Mluct we hav¢ been able to distribute goods to service users. W¢ were fortunate to receiv¢ support for our Christmas lunches again from Castell Howcll who supplied us with th¢ ingrcdients to make our festive takcaway lun¢h and Jenkins Bakery who provided us with th¢ "Big Softie" Rolls and we mad¢ a very tssty Christs]Ms F¢stiv¢ Roll with Turkcyi roast potato, cranbery and stuffing, topped with roast turk¢y gravy. We were able to provide our Christmas Lunch throughout the wcek leading up to Christmas which was a real treat for nwiy who would not b¢ able to have their own Cbristmas lunch. Comnients from individuals include: "It was great to have ChrIstmAs lunch At the Centre as it was the only Christmas dlnner I had thls year" and wlthout tbe lunch durlng the week I'd not be able to Afford to eat regular as belng on UDiveml credlt I regularly struggle for casb" The risc in food Costs is continuing to impact our community and we are seeing regular faces daily who comment that they would not have a wam] m¢al if they didn't access our s¢rvi¢Y and th¢y are very grateful for our support. Referralj to loeal foodbank$ FOOD BANKS -we continue to work with hvo local food banks and have mad¢ 80 referrals thi8 year due to the chall¢nging times we are living in. These figures could have been much higher if individuals weren't limited to the number of times they could acc¢8S them. Having no money to buy food is a real problem for many when faced with challenging changes in circumstanc¢5 and OUT links with local agencies and being ablc to signpost people to vital support is Crucial. Often individuals are waiting for benefits and do not have ony income or who bave be¢n released from prison etc. Clothes Ba W¢ have bcen able to distribute second hand clothes from a small Clothes bank (due to lack of space) and provide clothes to anyone who is in need. These are primarily givcn to homeless and individuals moving into our Supportd Accornmodation, but we have also supported individuals who access the tskeaway luoches. The wint¢r months were challenging for many, and we distnbuted wann coats, hat5, shoes etc from our supply to many who were in need. al Rehabilltatlon Referra Our referrals to resid¢ntial rehabilitation have increased tl]is year. W¢ have supported 22 individuals to access Betel of Britain Residential Rehabilitation within a couple of days of being referred which is a fantastic turnaround with no other provision made so quickly elsewhere. This is often needed &8 individuals, motivation can change qUAckly and can often save despernte lives. We provide train fare or provide the transport ourselves to ensure barrieTS to 8crvi¢e are removed. Individuals receive 24-hour support to ov¢r¢ome their addiction with the aim of achieving recovery and to live independently in the community. Life changes of some of the individuals we have referred have been astounding and they hav¢ been unrecognisable in the chang¢ in their appance some having been in lif¢-thr¢atening near4eath circumstan¢¢s b¢fore going and ar¢ now fillly Tecovered living a positive meauingful life. Success Storles - These are a eouplc of exajnples of lives changed through accessing Betel of Britain Residential Rehabilitation. Page 5
oselife Remofthc TteeS for the Year Ended 31 March 2024 In Febnwy this year we assessed and provided transport for an individual to access rehab. He wasn't really sure if it was for him at the time, but he was prepared to giv¢ it a go to help him with his addictions. He Icft after two week8 and went back home then realis¢d after a weekend that he ne¢d¢d this to help change his life, he has since settled in and is a well-liked and loved member of the community working in the gardens and other arc&8 and addressing his substance misuse issues, I Just recently met up with an individual who has settled in the north of England (staff member) after initially dolng two years ill rehab and it is so encouraging to sec lives transfornicd. He met his wife who was in the woman's rehab, and they got marricd in 2022. Both of th¢m are now living as part of thc community, they have their own accommodation and support people to overcome their addiction. He would've been in rehab two years in October wben he left town, he was dealing in crack cocaine and his life was spiralling out of control. He decided to deal with his past and the reasons why he takes drugs. His time in rehab has helped him to overcome his addiction as well as leaming new ski118, he has l¢arned how to do gardcning. lay down patio8 and also leads the team of men. He's also a l¢ad¢r of one of the hous¢s which helps oth¢r peopl¢ with drug and aLb01 problems. and he has settled into the comniunity where he is accepted, loved and everyonc appreciates his hard work serving others. Chooselife meet up with him regularly when we visit Betel and it's so encouraging to see thc transfornlational changes in bis lif¢. Last Christmas we had the privilege of tsking his parents to the Clllistmas pantomime and seeing the joy on their fa¢e5 was priceless. EllSh le&son the for the Polish ¢ommLDIty access1nelltre for su Wc havc worked with Carnwthenshire County Council to facilitat¢ English Lessons for the Polish Community in the Chooselife Centre. The room was offered free of charge and enabled the Polish community to benefit from support to learn the English language. Lessons were held every Thursday and 3-4 people from the Polish community attended these lessons. Sadly> the service ¢nded in Deccmber. but we ate looking for opportuniti¢s to restart the support, TEE Project (Traln Equlp and EmpoJverJ Th¢ Tee proj¢ was initially funded by The Community Fun(t Big Lottery for two years to support the transition of the n¢w Universal Crcdtt syst¢m in 2019. From 202112023 further funding was secured from the WCVA which enabled us to continue with the TEE Pmject and w¢ received £5,000 this year from the Community Foundation in Wales. After running the project for a number of years we gained an insight into the needs of our beneficiaTies and tailored the Se1¢¢$ to offer the in-depth support required by the majority, offering access to computers to support with benefit claims, accessing their Universal Credit Onlin¢ Journals to keep track of appointments etc to avoid sanctions of ben¢fits, access to online trainin& accompanied vi51ts to set up bank accounts, medical appointments, support¢d court app¢aTances. access to housing, etc. Since April 2021 we hav¢ T¢corded 42 Polish b¢neficiaries rcgistering for support and to facilitate cornmunication barriers, we coElaborat¢d with CaTmarthen8hire County Council to offer English l¢ssons on a Thursday with 14 people from the Polish community attending these lessons. Page 6
life Re ort of the Tru for the Year Ended 31 March 2024 sUprt Statistics 23-24 Suppo B¢nefi Foo S¢ssio Date ns April 40 30 322 May 61 37 355 June 61 41 428 July 48 29 453 August 41 25 424 September 47 25 409 October 57 34 425 November 53 32 373 December 28 23 309 January 53 37 383 February 50 34 271 March 48 35 10 356 TOTAL $87 382 80 22 16 45 112 4508 Ststistics gather¢d clearly shows the impact of the ¢ost-of-living crisis as 4508 lunches were Serv this year comparcd to 4025 were served and the total ycarly lunches servcd continuo8 to rise. An average of six polish beneficiaries attended the centre for English lessons per month, 587 support sessions were deliv¢r¢d to beneficiaries. A fantastic outcome has been that 21 beneficiaries have been referred to r¢8idential rehabilitation during this pcriod and we receive regular contact from many with stOTiCS of changed livcs which is allY encouraging for others. Suppo Ban R¢ha Poli New SI Lunch Ups 17 18 16 11 Mcdical 13 The main organisations currently worked with are." o BAROD - referraIs madc for prescribing and substance misuse training. o Probation - work alongside IOMS to ensure appropriatc support for thos¢ leaving PTASOn. o Dyfed Powys Police- work with PCSOS to discuss clients in common. o Carniarthenshire Adult H¢dth and Social Care tean) - continue to work with social worker4 youth workers etc. to rGgolv¢ b¢ncficiaries' issues. o Foodbanks-Lifeshare and the Llanelli Foodbank provide us with vouchers for beneficiari in need. o Cannarthenshire County Council - continue to work widl and report on the levels of Occupatio etc. to the housing d¢partmenL o Betel of Britain providing residential habilItation. o GP'S, hospital4 dentists. m¢ntal health provider4 Job CentrelDWP, prisons. NACRO, housing associations, The project still provides valuablc suppor¢ for many the daily sttuggle with mental health issues. feelings of i801ation Can often be daunting when having to deal with bills, debt, job centr appoinlm¢nts etc and having someone who will come a]ong sid¢ them is a W source of security and that helping hand can be the difference between facing responsibilities and getting tbings done instead of hiding away from them. The fear of technology is also felt by many with th¢ ¢vw-incre&sing speed of new technology which is leaving many behind and feeling helpless. Page 7
coselife Report of th¢ Trustees for the Year Ended 31 March 2024 Wc continu¢ to work closely with other Services which enables individuals to benefit from the expertise that othcr s¢rvices have to off¢r. Making refea]S and signposting and having a good knowl¢dge of what support is available in the community and ensures that individuals receive the right support. Some of the organisations we work with include National Probation Servic¢, HMP, Social Services, Community Mental Health PCTrVS, Psycbiatrists, MIDtD, The WalliclL Housing Associations, Llanelli Skill Centre. Communities for Work+ Nacro, bood Banks, Blue light project, Camiarth¢n Community Money Advice. Denvyn Newydd, Betel of Britain, amongst others. We often havc other organi8ations visit to s]]are service infonnation and leaflets ctc. which helps to strengthen joint working. Staff recorded working with other organisations on 296 occasions. In 2022 we became an accredited Living Wage Employer> joining thousands of organisations, businesses. and people, across thc UK who believe that a hard day's work deserves a fair day's pay. Together wc can continue to ensure ev¢ryone can earn enough to live on. Paying a real Living Wage improves the employer brand, boosts staff productivity and motivation at work. We also know paying a real Living Wage helps ¢mployers to r¢main compctitiv¢, retsin existing staff and attract new stsff. VoluntllppOrt (M.oving On tow2 rIEMplOYa J During the year we have had 5 volunteers supportAng the s¢rvice helping out with lunches and transporting individuals to Betel of Britain Residential Rehabilitation service and supporting with ARC Flomes maintenance. We appreciate the help and support that volunteers provide and the added value which is brought to the scrvices. We will Continue to recruit into volunteer roles as they ar¢ an invaluable part of our service delivery. Primarily volunt¢ers are people who have accessed services and want to give back to their community, this brings empathy and undcr8tanding to the role and is supp)rtive of s¢rvice users on their journeys. The On the MOVE programme 18 a way of helping service u8ers who ar¢ 8tabilising their addictions to k¢¢p busy and find useful things to do to help them on thcir recovery journey, it has been more difficult with the Drop-ln Centrc closed bul we have still found meaningful ways to keep people busy. It is a step before volunteering and tasks included shopping, cooking, clearing up, propety maintenance etc, On the MOVE programme has helped individuals to develop thcir self-confidence, skills, and knowledge with the aim of h¢lpin8 them to build a lifc fr¢e from addi¢tion and partiCipatll in meaningful work. evelopmen Th¢r¢ have been no major developments dwing the y¢&r. FINANCIAL REVIEW Result for the year The Charity's total income for the year was £302k (2023 £240k), with a sury)lus 8k (2023 deficit 66k). Prlllclpal fundlng sources Principal fimding sources for the Charity during the year: thc Third Sector Resili¢nce Fund for Wales Scheme, administered by WCVA on behalf of the Welsh Governm¢n¢ The Lloyds Bank Foundation . funding received for th¢ following year, Rental Income. Page 8
ort of the Trust¢¢ End 31 March 2024 for tLe Ye FINANCIAL REVIEW Reserve8 polley and revieT¥ of financlal posldon. The Trustccs have reviewed the Charity's reserve requirements in light of the main risks to the organisation. Policy states that unrestrict¢d fillth not committed or invested in tangible fixed asscts should be between 3-6 months of expenditure. Based on accounts to 3 1st March 2024 the target for free reserves is between £73,661 and £147,322. Frcc reseryes includes desiated res¢rv¢s for this purpose. The present level of frce reserves available to the Charlty of £153,405 is ovcr the 6 month target level and Tn]stees aim is to keep th¢ reserves over the target for the medium to Iong terni. However, the Trust¢¢8 arc mindful of the need io maintain service l¢v¢ls. Page 9
Chooselife rt of the TnCeS for the Year Ended 31 March 2024 FUTURE DEVELOPMENTS OLW aim for 2024125 is to continue to deliver and develop good quality, safe, sustainable servic4 while streagth¢ning our infrastructure to monitor inJprovem¢nt, support growth and respond to the external op¢rating environment. This inrludes: o Continuing with the expatLsion and development of ARC Homes which provides supported accomrnodation to vulnerable residents with th¢ aim of purchasing additional properties to meet the growing demand. o To r¢view volunteer roles and actively recruit to meet the needs of service development areas. o To relocate the Chooselife service by 2027 within the local arca. We have identifi¢d a number of sultable properties and are pursuing Options to facilitste the relocation before the end of our lease to ensure continuity of s¢rvices and avoid ally unnecessary disruptions to existing service users. Ilmon I have b1 strongly supported by Choos¢life since 2019, and it is my privilege to write a few words as a testimonial. Being made honwl¢ss tivice during the l&st five years, and also at the same tirn¢ suffering with pmlonged mental h1th chall¢nges, I reach¢d out for help in '19 and then also in '23. Choose Life have since provithd me WAth support¢d accommodation for near ¢nough four OF the last five years. i tNly cannot say just how much their kindness has meant to me across time. The accommodation 1$ warm and dry, I have a privat¢ bedroom U'm l of 5 service-users living in the propety) and use of all communal areas such as kitchen, bathroom, etc., these arcas being cleaned thmugh weekly by chO(life. The house is visited by support worker(s) daily. which is reassuring for me and others, and any maintfflance issues are always dealt with promptly. The accommodation has allowed me, on two separate occasions. to recover in peacc from mentsl illnc8S. to get wcll, and then to get up & on with life in some fashion. Support workers have always been very generous with their time, and I feel comfortable in their comp2Dy. W¢ were all strangers at first. To be fair all the staff at Choos¢lif¢ are good souls, and surc cnough they give of themselv¢s helping a lot of 108t souls wilh their empathy. Friends for lifc hopefully! The management of Chooselife does seem solid, fm but fair would sum it up for me, strong characters steering the ship for sure. From tim¢ to time, I have taken advantage of the hot meal that's provided daily by Chooselife. IVS free of charge to any hungry soul that turns up at lunch time on weekdays, I guess maybe thity or foty people get fed daily. maybe Ing the only food ¢aten on that particular day ... mal-nutrition does seem to be a cornmon theme with ill mental health, and addictions too. I'm proud to say that I have volunteered some of my time weekly to Chooselifc since 2019, 1 help with ¢ollccting the general waste from the 5 HMO'S. Volunteering has been great for me, provided some structte and purpose initially> also happy to give something back. I'm always assisting a Support Worker whilst volunt¢ering, so that gives me chance to have long chats in good company. VoluntceJiDg for CL was my fst step to regaining paid ¢mployment again after recovering from my illncsses. I'm proud to say that I have gained cmploymenL and I have been supported every step of the way by staff (I won't narne any, but hop¢fully ALL know that they're held high in my estimation and thank you from the IK)ttom of my heart). Page 10
Chooselife rt of tbe Trustees for the Year End 31 March 2024 I hav¢ been supported by Chooselife for many y¢aYs when Chooselife had a Drop-in Centrc. Through my past lifc before being accommodated by ARC Homes support¢d accommodation, I found myself living life in and out of prison, b¢ing homeless living anywhere I could (streets etc) whith wasn't good for my mentsl health. Up until September 2022 aft¢r coming out of prison again I w&8 living in Swansea with the Wallich Foyer. which wa8 very helpful for my needs at the time, I had a support worker who helped me find my feet aft coming out of priso I lived with them for a short time before I was found a room back in my hometown with ARC Homes. felt really comfortable living with ARC Homes as l used to us¢ th¢ir DTOP-in C¢ntr¢ many years ago and got on really well with the staff. I moved into ARC Homes in 2022 and the support that I have received from th¢m is anthzing, The staff have always been very good with their time for me. Since living with them I have had hclp and support with referrals to Bryn Mair clinic for my mentsl health, support with do¢tofs appointments. hospltsl appoirAthients, blood appointments, probation appointments, job centre appoiniments and support to access Citizens Advice Bur¢au to help me get PIP fonns completed. Staff have had to remind me of all my appointments and have a180 taken m¢ to th¢m all which is still ongoing as my m¢mory is really bad. If it wasn't for th¢ staff. I wouldn't have gone to any appointments. I have my own room and share the other parts of th¢ hous¢ with S other residents, and I feel very safe Jiving iti supported accommodation, and l also fll it hard to say how atefuL and lucky I am to have a room and support off Chooselife/ARC Homes. Chi)osclifc have been a fantastic help for me ovcr thc last couple of years, I can't thank them enough for what they have done for me. Unfortunalely, I was diagnosed with arthritis, which du¢ to the pain led to me becoLniDg addicted to the painkiller I was prescribed. This led to me losing my wife and becoming homeless. which meant I no longcr lived with my 2 daughters too. My brothcr phoncd Choosclifc, and they were so quick to offer my help and within 2 days they had got me into rehab which thankfully helped me so much and got m¢ off the painkillers I was addicted to. After rehab when I came OUL I was homeless, but again Chooselife were th¢w to help agai and I moved into ARC Homes within a day. ThankllY l am 8ti11 at the propety and any help I need regardless of wbat that maybe they are always so quick and happy to hclp. Thank8 to Chooselife they hclpcd me to sort out my benefits which hclped me to become more financially stsble, Also, thanks to Choosclifc I now frequently see my 2 daughters and have a fantasti relationsliip Wkth th¢m botb, I honestly can't thank Chooselife ¢nough and genuinely think that without them my lifr would be a mes8, and certainly wouldn* be where l am now. Thanks to Chooselife my mental health has been the best it has been in ages. STRUCTURE, GOVERNAIYCE AND MANAGEMENT Governing document The organisation ig a charitable company limited by guaranfr¢, i0[porated on 25th May 2004 and registered as a charity on 8th November 201)4. The company was established under a Memorandum of Association which established the obJtiVeS and powers of the charitsble company and is govemed und¢r its Articles if Association. In the event of the company being wound up its m¢mbers arc rcquired to contribut¢ an amount not ¢x¢¢eding £10. Pagell
Ch<Joselife port of the Trustees for the Y¢ar Ended 31 March 2 24 STRUCTURE, GOVERIYANCE AND MANAGEMENT Retrnitment and appointment of trustees Tntstees are nominated and appointcd by th¢ members in a general meeting. A recruitment policy and Procedure has been develop and used in recTuiting and training new trustees to ensure a robust process is in place. The directots of thc company are also charity knustees for the purposes of charity law. Organlsational structure The day to day rnanag¢m¢nt of the charity is delegated by the TnteeS to thc Chief Executive oificer, Alan Andrews and the rest of the Management Team. The Managcment Team has been set up as a Working group involved with the daily Th1ng of the organisation and is responsible to the Trustees. The group is responsible for drafting policies and guidelines and meets regularly to monitor and cvaluatc the progress of the project. Financial decisions can only be made within the guidelines sei by the Trustees. Thc group provides a fornm for discussions on issues tbat arise from daily operations and enables perspeotives to be proc¢ss¢d and presented to the Trustees for consideration. Rlsk management The trustees hav¢ a duty to id¢ntify and r¢vi¢w the risks to which the chartty is cxposed and to cn8ur¢ appropriate controls are in place to provide reasonable assurance against fraud and error. Internal control risks are minimised by the implem¢ntation of procedures for all transactions And procedures, Procedures are in place to ensure compliance with Health & Safety of staff, volunteers, clients and visitors to th¢ Centre. ProceduTe5 ar¢ perlodically reviewed to ensure that they continue to meet the needs of the Chlty. The ffiistees conintu¢d to mect up four times a year to consider rcport8 from the managem¢nt t¢am. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05137644 (England and Wal¢8) Reglstered CharAty number 1106639 Reglstered office Canolfan Antioch Centre Copperworks Road LLANELLI Carniarthenshire SA15 2NE Trustees Mr W G P¢ttiford Mr A Tootill Mi&8 L J Augustyn Company Secretary Mis A J Howells Page 12
Chooselife Report of the Tntstees for the Year Ended 31 March 2024 REFERENCE AND ADMtNISTRATIVE DETA]LS Independent ExaD)iner Ashmolc & Co First Floor I St Jobn's Court Uppw Fforest Way Ent¢rise Park Swansea SA6 8QQ Bankers Barclavs Bank PIC Leicester LE87 2BB Management Team Alan Andrews - Managing Director.,. Amanda Howells- Business &. Administration Officer Ann Heycock- Mark¢ting Development Manager Approved by order of the board of tsustees on 2 Dcccmber 2024 and signed on its behaIf by,. Mr W G Pettiford- Trustee Page 13
de dent Exanjiner's R ort to the TnLSt¢es of IndepeDdent examiner's report to the trustees of Choose]Ife Cymrn ('the Company,) I report to th¢ chatity trustees on my exaMIOll of the accounts of the Company for the year ended 31 March 2024. Respon$fibilitfies and basis of report A8 the charitys trustees of the Company (and also its directors for the Purpos of company law) you ar¢ responsible for th¢ preparation of the a¢¢ounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Acv). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and ar¢ eligible for indep¢ndent examinatio4 I report in respect of my earnItiOn of your Charitys accounts as ¢arried out under Section 145 of the Chwities Act 2011 Cthe 2011 Act,). In caTrying out my examination I have followed the Direclions given by th¢ Charity Conllnission under Section 145(5) (b) of the 2011 ACL Indeptndent examlner'8 Statement Since your charlty's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirni that l am qualificd to undertak¢ the examination b¢causc I am a membcr of th¢ Association of Chartwcd Certified Accountants, which is one of the listcd bodies. I havc completed my Cxamination. I confirni that no matt¢rs have come to my attention in connection with the examination giving me caus¢ to believe: a¢counting r¢cords were not kept in respect of the Company as required by Section 386 of th¢ 2006 Act; or the accounts do not accord with those records; or the a¢counts do not comply with the accounting requirements of S¢¢tion 396 of th¢ 2006 Act other than aDy requirement that the accounts give a tsve and fair vi¢w which is not a matter considered &$ part of an independent ¢xamination; or the accounts bav¢ not been prepared in accordance with the methods and principles of the Statement of R¢commended Practic¢ for accounting and T¢POrting by ChltIeS (applicable to charitie5 preparing th¢ir accounts in accordanc¢ with the Financial Reporting Standard applicable in thc UK and Republic of Ireland (FRS 102)). 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 und¢rstanding of th¢ accoutits to be reached. C E Daultr¢y FCCA Ashmol¢ & Co 2 December 2024 Page 14
Chooselife C Statemcnt of FinanciaE Actsviti cow.oratin an Income and Ex Cnditure Accountj 2024 2023 Restricted Capital Grant Funds Unrestsicted funds Restricted fimds Total fimds Totsl fIdS Notes COME AND ENDOWMENTS FROM Donations and legacies 483 483 7,202 Charfitable a¢tlvfitAes ARC Homes All Activities 7.407 30,471 7,407 292,761 262,290 232,448 Inv¢slment in¢omc 1,565 1,566 451 264,338 37.879 302,217 240,101 EXPENDITURE ON Raising funds 8,710 690 9,400 10,137 Charltable Actfivltles All Activiti¢s 261,035 15,638 8,571 285,244 296,262 Total 269,745 16,328 8,571 294,644 306,399 NET INCOMEI(EXPENDITURE) Transfers between funds (5,407) 4,655 21,551 (4,655) (8,571) 7,573 (66,298) 17 Net movement In funds (752) 16,896 (8.571) 7,573 (66,298) RECONCILIATION OF FUIYDS Total ful brought forward 154,155 5,211 156,132 315,498 381,796 TOTAL FUNDS CARRIED FORWARD 153,403 22,107 147,561 323,071 315,498 Th¢ notes fonn part of these financial statements Page 15
ooselif Balance Sheet 31 Marcb2 24 2024 2023 Restricted Capital Grant Funds Unrestricted fidS R¢stricted Totsl Total Notes FIXED ASSETS T&ngible assets 12 218,340 41,994 260.334 272,981 CURRENT ASSETS Debtors Cash at bank 13 4,307 84,013 574 55,063 4,881 244,643 4,373 229.062 105,567 88J20 55,637 105,567 249,524 233,435 CREDITORS Amounts falling du¢ within one year 14 517 (33,532) (33,015) {32,096) NET CURREI¥4T ASSETS 88,837 22.105 105,567 216,509 201,339 TOTAL ASSETS LESS CURRE LIABILITIES 307.177 22,105 147,561 476.843 474,320 CREDITORS Amounts falling due after more than one year 15 (153,772) (153,772) (158.822) NET ASSETS 153,405 22.105 147,561 323,071 315,498 FUNDS Unrcstricted funds Restricted funds 17 153,405 169,666 154,155 161,343 TOTAL FUNDS 323,071 315,498 The clwitable company is entid¢d to ex¢mption from audit under Section 477 of the Companies Act 21J06 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the ye8r cnded 31 March 2024 in accordance with Seclion 476 of the Compani¢s Act 2006. The notes forn] part of thes¢ financial statements Page 16 continued...
Chooseli Balan heet- continued lEMh 2024 The trustees acknowledge th¢ir responsibilities for (a) ensuring that the charitable company keeps accounting tecords that comply with Sections 386 and 387 of the Compani¢s Act 2006 and (b) preparing financial statements which give a tru¢ and fair view of the state of affairs of the ¢lwitable company as at the end of each financial ycar and of its surplus or deficit for each financial year in accordance with the r¢quirements of Sections 394 and 395 Hnd which oth¢rwise comply with the requirn¢nts' of the Companies Act 2006 relating to financial statem¢nt8, so far as applicable to the charitable company. These financial stat¢m¢nts have been prepared in ac¢ordan¢e with the provisions applicable to charitablc companies subject to the srnall companies reMe. The financial statements w¢re approved by the Board of Ttustees and authorised for issue on 2 D¢¢emb¢r 2024 and were Signed on its behal Mr W G Pettiford- Trustee The notes fonn part of thes¢ financial statements Page 17
oselife Notes to the Financial Statements for the Year En 31 March 2024 ACCOUNTING POLICIES Basls of preparlng the flnanclAI statements The financial statements of th¢ charitable company, which is a public benefit entity under FRS 102, hav¢ been prepared in accordance with thc Clwities SORP IFRS 102) 'Accounting and Reporting by Charities: Statement of R¢con]mended Practice applicable to ch8ritics prq)aring their accounts in accordance with the Financial R¢porting Standard applicabl¢ in the UK and R¢public of Ireland (FRS 102) (effectiv¢ I January 2015),, Financial Rertillg Standard 102 The Financial Reporting Standard applicable in the UK and Republic of lTeland', the Ch&ities Act 2011 and the Companies Act 2(J)6. The fuwi¢ial statements have been prepared under the historical cost convention. The charitable company has taken advantage of the following discloswe exemptions in preparing these fManc1 statcments, as pernlitt by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ir¢land': the r¢quxrements of Section 7 Statement of Cash Flows. the r¢quirem¢nt of paraph 3.17(d)' the requirements of parawhs 11,42. 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48{aKiv), 11.48(b) and 11.48(c); the requirements of paraph3 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A. the requirement of paragraph 33.7. Income All income is recolised in the Ststement of Financial Activities once the Charity has entitlement to the fiuKJs, it is probable that the income will be receivcd aDd the amount can be measured reliably. EendffitUre Liabilities are recognised as expenditur¢ &s soon as therc is a legal or constructive obligation committin8 th¢ charity to that expenditure. it is pmbablc that a transfer of economi¢ bcncfits will be required in settlement and the amount of the obligation Can be m¢osured reliably. Exp¢nditure is accounted for on an accTuals basis and has been cl&ssified undcr headings that aggrcgate all ¢ost relatsd to the catcgory. Where costs cannot b¢ directly attributed to particular headings they have been allocated ts) activities on a basis consist¢nt with the use of resources. Tanglbje flled assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lif¢. Lehold propety Leas¢hold improvements Fixture4 fittings & equipment 5O/fj on cost 150/0 on reducing balance Assets acqutred with rtstricted income are initially treated as restricted &4ets. Wherc the acquisition of the asset discharges th¢ Testriction imposel the related &ss¢t is transferred to unrestricted fijnds. Taxation The charity is ex¢mpt from cory)oration tax on its charitable activiti¢s. Page 18 continue(l..
Chooselife Financial Sta men ntiMl ACCOUNTING POLICIES- continued Fund ALYoundng Unrestricted fund5 can be used in accordance with the charitablc objcctives at the discretion of the Designated funds comprise the fim(ts that have been set asid¢ at th¢ discretion of the Trustees for Specific Pu4Se5. The purposc and use of the desIted unrestricted 5d$ is set out in the notes to the accounts. Restricted fund5 can only be used for particular restricted puryoses within th¢ objects of thc charity. Reslrictions aTi5¢ when spccified by the donor or when funds are raised for particular r¢stiicted purposes. Further explanation of the nature and PUT]x)se of each fimd is included in the notcs to the financial statements. Debtors Trade and other debtors ar¢ r¢cognised at the 8ettl¢mcnt amount due &fter any trade discount offered. Prq)ayments are valued at th¢ amount prepaid after tfjkxng account of any trade dis¢ounts due. Cash at bank In hand Cash at bank and cash in hand includes cash and short *rn] highly liquid investsnents with a short maturity of thrce months or less from the date of acquisition or opcning of th¢ deposit or similar account. Credltors and Provlslons Creditors and PTovisions are recognised where the Charity has a present obligation resulting from a past event that will probably r¢sult in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are noMllY recogllised at their settlement amount aftw allowing for and trade discounts due FlnaDci4R instruments The charity only has fllW]cial ass¢ts and financial liabillties of a kind that qualify as basic financial instnun¢nts. Basic financial instnunents ar¢ initially recognised at transaction value and subscquently measw¢d at their settlement value with the ex¢¢ption of bank loans which are subsequently measured at thc carrying value plus accrued interest less rcpaym¢nts. Th¢ financing charge to expenditure is at a constant rate calculat¢d using the cffective inkrest method. Pension costs and other post-retirement benefits The charitable company operates a dcfincd contribution pension scheme. Contributions payable to the cbaritabl¢ company's pension scbcme are ¢lLarged to th¢ Statement of Finall¢iat Activities in thc pll0d to which they relat¢. Page 19 continued...
hooselife Notes to th¢ F ial Statemen VESTME llqCOME 2024 2023 Deposit account interest 1,566 451 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity ARC Homes All Activities All Activities All Activiti¢s Other incom¢ Acconllnodation Grants Other incomc 7,407 260,895 30,471 1,395 188,143 44,305 300.168 232,448 Grants receive included in the above, are as follows: 2024 2023 Lloyds Bank Foundation Albert Hunt Trust Community Foundation in Walcs Moondance Third Sector r¢silicnce fLmd Groundwork UK Community Fund Via The National Lottery 27250 5,fX)O 5,000 5,000 12,055 1,500 18,971 30,471 44J05 Page 20 continu¢d,..
Not¢s to thc Fin tatements - continued RAISllYG FUNDS Other tradlng activities 2024 2023 Staff costs 9.4(10 10,137 CHARITABLE AcrtVITIES COSTS Direct Costs (see note 6) Support costs (see note 7) Totsls All Activities 151,668 133.576 285,244 DIRECT COSTS OF CHARrrABLE ACTIVITIES 2024 2023 Staff costs Tr&v¢l and subsistence Care fund Health and fithess costs Refr¢shm¢nts and food Rchab Referral Events and workshops D,A.R.E. Expenditure Accommodation expendit1e 44J34 1,867 449 5,136 291 2,004 427 8,732 92,905 1,398 249 7,867 (291) 1,825 357 7.172 87,047 151,668 156,145 Page21 continued...
Choo ci SUPPORT COSTS Inforn)ation technology Management Finance All Activities 8,951 3,160 5,574 Governance costs resources Depreciation Totals All Activities 98,816 12,647 4,428 133,576 Support costs, includcd in thc above, are as follows: 2024 All Activities 2023 Total activities Premises costs Advertising and Marketing et Subscription & membership fees Bank charges Staff training IT Support Con)muni¢ations Printing, Post and station¢ry Sundrics Office and finance staff Social security Pensions Interest payable and sin]ilar charges Depreciation Accountancy fe¢s 8,331 263 357 386 2.774 287 3,289 441 1,557 79,411 4,530 661 14,214 12,647 4,428 7,777 30 265 938 3,770 3,666 705 85,022 5.414 801 11,635 14,188 4,116 133,576 140,117 Page 22 conlinued...
oosejife NET INCOMEI(EXPENDITURE) Net in¢ome/(exThdilllre) is Ststed aft¢r chargIn(crediting). 2024 2023 Depreciation- owned assets 12,647 14,188 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or oth¢r benefits for the year ended 31 mCh 2024 nor for the year ¢ndcd 31 March 2023. Trustees, expenses Th¢r¢ were no trustees, expenses paid for thc y¢ar ended 31 March 2024 nor for the year ended 31 March 2023. 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pcnsion costs 131,333 7,058 1,655 135,858 8,093 1,757 140,046 145,708 Staff ¢osts include £58,323 salary and benefits paid to key management personnel during the year. The average nwnthly number of employees during thc y¢ar was as follows: 2024 2023 Manag¢mcnt Administration PrOJt and day carc stsff No employees received emoluments in excess of £60,000. Pag¢ 23 continued...
tes to the Financial tatemcnt ntinued 024 31 Mar¢bL 11. COIKPARATIVES FOR THE STATEMENf OF FL¥ANCIAL AcrtvrTIES Restricted Capital Unrestricted Restricted funds Total funds Funds INCOME AND ENDOWMENTS FROM Donations and legacies 7,202 7,202 Charltable activltles All Activities 215,393 17,055 232,448 Investment income 451 451 Total 223,046 17,055 240,101 EXPENDITURE ON Raising fimds 8,537 1,600 10,137 Charltable actlvfitle8 All Activities 217,904 59,388 18,970 296,262 Total 226.441 60,988 18,970 306,399 NET INCOME/(EXPENDITURE) TraDsfers between funds (3,395) 972 (43,933) (2,748) (18,970) 1,776 (66,298) Net movement In fundy (2,423) (46,681) (17,194) (66298) RECONCILIATION OF FUNDS Total funds brought forward 156,575 51,895 173,326 381,796 TOTAL FUNDS CARRIED FORWARD 154,152 5,214 156.132 315,498 Page 24 continued..
ooselife Cymrn. 12. TANGIBLE FIXED ASSETS tmprovements Freehold property Leasthold Leasehold proEKty improvements property COST At l April 2023 and 31 March 2024 203,760 107,886 34,233 10.000 DEPRECIATION At l April 2023 Chargc for year 86,296 5.394 23,979 1.712 At 31 March 2024 91,690 25,691 IYET BOOK VALUE At 31 March 2024 203,760 16.196 8,542 10,000 At 31 Nlarch 2023 203,760 21,590 10,254 10,o(M) Fixtures, Plant and fjttings machinery & equipment Motor v¢hicles Total8 COST At l April 2023 and 31 March 2024 15.238 113,110 26,755 510,982 DEPRECIATION At l April 2023 Charge for year 14,549 160 100,137 1,952 13,040 3.429 238,001 12,647 At 31 March 2024 14,709 102,089 16,469 250,648 NET BOOK VALUE At 31 March 2024 529 11,021 10,286 260,334 At 31 March 2023 689 12,973 13,715 272,981 Page 25 ontinucd...
Chooselife Notcs to th Financial Statements - continued Year E March 2024 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Sundry debtors and prepayments 4,881 4,373 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (s¢e note 16) Oiher creditors 18,683 14,332 17,910 14,186 33,015 32,096 15. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2024 2023 Bank loan$ (see note 16) 153,772 158,822 I& LOANS An analysis of the maturity of loans is given below: 2024 2023 Amounts falling due within one year on demand: Bank loans 18,683 17,910 Amounts falling between one and two years: Bank loans - 1-2 y¢ars 18,683 17,910 Amounts fallillg due betw¢¢n two and five years: Bank loan8- 2-5 years 56,049 53,729 Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 yr by instal 79,040 87,183 Page 26 ontinued...
Chooselif Notcs to the Financial Statements - continued for the Year Ended 31 March 2024 17. MOVEMEWT IN FUNDS Nct Transfers movement between in funds funds At 3113124 At 114123 Unrestrt¢ted fund$ G¢n¢ral fimd DARE (fomlally Care Project} ARC Hom¢s Donations Accommodation Lloyds Bank Foundation ARC Homes Accomodation Marketing Video- Design fund 12,410 (18,625) (32) 6,215 32 14,109 14,109 (188) (25,864) 39,406 (102) 188 864 (2,644) 25,000 100,426 2,210 137,188 2,108 154,155 (5,405) 4,655 153,405 Restrleted funds Lloyds Bank Foundation Substan¢¢ Misuse Action Fund- tKas¢hold Propety and Equlpment (') Big Lottery Fund - Leasehold Propety ]prOveM¢nts (') UK Stecl Ltd - Computer Equipment (') Welsh CJovernment- Various Equipm¢nt 3,552 (3,552) 26,765 (6,527) 20,238 2,492 (511) (14) 1,981 80 938 (141) 797 Community Developrn¢nt Fund- Various Equipment (') Big Lottery Fund - Various Equipment 410 (65) 345 689 54 (103) (8) (7) 586 46 37 Co-op Community Fund- Pool Table ( ) Lloyd$ TSB - Various Equipment (') Big Lottery D.LA.W- Various Equipment (') SMAF Capital Funding- Leasehold Property Improvm¢Dts and Fixtu¢s and Fittings (') CFAP Capital Funding- The Neville Arn]s (') Awards For All - Various equipment (') Community Foundation in Wales National Lottery Community Fund Darkley Trust Third Sector Resilience Fund for Wales Phase 2 Third S¢¢tor R¢silience Fund 3 Ins. Claim I SSS R4 fire 120923 Con]Enunity fund. Awards4all 2,765 (415) 2,350 5,787 (701) 5,086 105,567 LO,527 105,567 10,448 2288 (79) 2,363 (75) (173} (1,008) 173 2,504 (1,496) (167) (2,520) 846 18,971 167 (14) 2534 846 18,971 161,343 12.978 (4,655) 169,666 Page 27 C4)ntinue&..
Choos¢life Notss - 0_the Financial - continue 31 315,498 7573 323,071 Pag¢ 28 Lf*ntinu¢&..
Choo elife C Notcs to the Finan nts - continued 17. MOvEmEr IN FUNDS- conllnued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in lillujs Unrestrficted fund$ General fund DARE (fonnally Care Project) Accommodation Lloyds Bank Foundation ARC Hom¢s Accomodation Marketing Video - Desi fund 3.446 (22,071) (32) {188) (25,862) (221,488) {102) (18,625) (32) (188) (25,864) 39,406 (102) (2) 260,894 264,338 (269,743) (5,405) Restrlcted funds Lloyds Bank Foundation Substanc¢ Misuse Action Fund- Leasehold PTOP¢rty and Equipment {*) Bis Lottery Fund- Leasehold Pmperty tmpmv¢m¢nts ( ) UK Stccl Ltd- Computer Equipment ( ) Welsh Governmt- Various Equipment 3,551 3,552 (6,527) (6,527) (511) {14) (511) (14) {141) (141) Community Development Fund- Various Equipment (') Big Lottery Fund- Various Equipment (65) (65) (103) (8) (7) (103) (8) (7) Cfrop Con]munity Fund- Pool Table (') Lloyds TSB - Various Equipment {') Big Lottery D.R.A.W - Various Equipment (') SMAF Capital Funding - Le8sehold Prop¢rty Improvments and Fixtues and Fillings (') Awards For All - Various equipment ( ) Community Foundation in Wales Darkley Trust Groundwork UK Moondance Third Sector Resilience Fund for Wales Phas¢ 2 Third Sector Resilience Fund 3 Ins. Claim ISSS R4 fire 120923 Community fid- Awards4all (415) (415) (701) (79) (2,637) (1,496) (1,500) (5,000} (701) (79) 2,363 (1,496) 5.(X)O 1,500 5,000 (167) (2,520} (6,561 } (167) (2,520) 846 18,971 7,407 l8,97l 37,879 (24,901) 12,978 Page 29
Chooselife C Not101a1 Statements . con 17. MOVEMEIYT IN FUNDS - contfinued TOTAL FUNDS 302,217 (294,644) 7,573 Page 30 continued...
Chooseli£¢ ial tat ents- 17. MOVEMENT JN FUNDS - conlinued Comparatives for movement in fund$ Net movement in funds TrausfeTS between fLU]ds At 3113123 At 114122 Unrestrlcted funds General fund ARC Homes Donatiolls Community Development Fund Lloyds Bank Foundation ARC Homes Accomodation Marketing Video - Design fimd 12,550 14,035 43 25,00 104,279 668 (5,435) 74 (43) 798 (328) 1,542 5.295 12,410 14,109 (798) (3,525) 25,000 100,426 2,210 156,575 (3,392) 972 154,155 Re8trlcted funds Substan¢¢ Misus¢ Action Fund- Leasehold Property and Equipment (') Big Lottery Fund - Leasehold Property Improvements (') UK Steel Ltd - Comput¢r Equipmcnt (') W¢lsh Governm¢nt - VaTiOUS Equipment 35,421 (6,907) (1,749) 26.765 2,985 (493) (17) 2,492 94 1,103 (165) 938 Community Development Fund- Various Equipment ( ) Big Lottery Fund - Various Equipment (59) 410 814 63 52 (125) (9) (8) 689 54 cOp Community Fund- Pool Table ('} Lloyds TSB - Various Equipment (') Big Lott¢ry D.R.A.W- Various Equipm¢nt (') SMAF Capital Funding - Leasehold Propety Improvm¢nts and Fixtuey and Fittlngs {') CFAP Capital Funding - The Neville Arnis (') Awards For All - Various equipment {') National Lottcry Community Fund Darkley Tnt Antonio Calucio Foundation Third Sector ResÈlience Fund for Wales Phase 2 Third StOr Resilience Fund 3 3,253 (488) 2,765 6,523 (736) 5.787 102,042 20,490 173 4,954 4,480 3.525 105,567 10527 173 2.504 (9,963) (3,008) (4,480) 558 6.123 36.165 (5,101) (31,347) (1,022) (2,284) 2,534 225221 (62,906) (972) 161,343 Pag¢31 continued...
ooseli 17. MOVEMENT IN FUNDS - eontinued TOTAL FUNDS 381,796 (66298) 315.498 Page 32
hooselife Notes to th Fi Statem . continued 17. MOVEMENT IN FUNDS-conthiued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expcndcd Movement in fid$ Unrestrlcted fund8 G¢neral fund ARC Homes Donations Community Development Fund Lloyds Bank Foundation ARC Homes Accomodation Marketing Video - Design fund 6,040 74 (11,475) (5,435) 74 (43) 798 (328) 1,542 (43) (26,450) (188,470) 27,248 188,142 1,542 223,046 (226,438) (3,392) Restrlcted funds Substance Misuse Action Fund - Leasehold Propety and Equipment (') Big Lottery Fund- L¢as¢hold Propety Improvements ( ) UK St¢¢1 Ltd- Computer Equipment (') Welsh Government- Variou¥ Equipmcnt (6,907) (6,907) (493) (17) (493) (17) (165) {165) Community Development Fund- Various Equipment (') Big ttery Fund - vario Equipment {59) (59) (125) (9) (8) (125) (9) (8) Cw) Community Fund - Pool Tablc (') Lloyds TSB - Various Equipment (') Big Lottery D,R.A.W- Various Equipment (') SMAF capit Funding- Lcasehold Prorty Improvments and Fixtues and Fittings (') Awards For All - Various Cquipment ( ) Darkley 7'nl Antonio Calucio Foundation Third Sector Resilience Fund for Wales Phase 2 Third Sector Resilience Fund 3 Albert Hunt Trust (488) (488) (736) (9,963) {3,008) (4,480) (736) (9,963) (3,008) (4,480) (i) 12,056 5.000 (5,100) (43,403) (5,000) (5,101) (31,347) 17,055 (79,961) {62.906} TOTAL FUNDS 240,LOI (306,399) {66,298) Page 33 continueiL..
hooselife C t th Financial tatements - continued 17. MOVEMENT IN FUNDS. conthiued Restrfcted Funds Funds towards capfitsl expendlture Fund8 (knoted {') are restricted funds towards the purcha of fed &ts. including prop¢ty and ¢quipment. These are grouped together on the face of th¢ balance sheet and the fund balances are r¢duced where appropriate by the deprccialion of the equipment during the year. Other restricted funds are as follows: SMAF Tfier 4 Resldentlal Rehab - Funding reccived to provide for transportation costs in relation to residetttial iehabilitstion ref errals. Natlonal Lottery Conjmunlty Fund - TEE - Grant provided in respect of the Train. equip, empower program. Communfity Foundation In Wales- Funding for Tee project salaries etc. Darkley Trust - Funding to provide services to service users and the honlS in the are4 including gates and locks bike sh¢lt¢rs for properties Third Sector Re8lllence Fund for Waks - Phase 2 - Funding provided in respect of the Train, equip, empower program. Thlrd Sector Reslllenee Fund for Wale8 - Phase 3 - Funding provided in respect of the Train, equip, empower prow. Awards 4 A]1 - fimding to provide the properties patio, planters etc Communlty FuDd Vla Nvddonal ttery'AardS 4 Alll Funding provided for 2 new bathrooms Albert Hunt Trust - filling towards charity core costs Moondance - Funding for food received 1910412023. Groundworks UK- Tes¢0 - Funding for food. Insurance Claim - Claim for fire in a room at stsfford Court Unregtrlcted Deslgn&ted Funds ARC Homes Donations - Donations T¢c¢ived designated to thc support of the ARC Homes projecL Community Development Fund - Funds designated for the purchase of fixed assets in 2010, reduccd by the depreciation of those ass ets on an annual basis. Page 34 ontinU..
Chooselife Financial Sta i Ntarch 202 17. MOVEMENT IN FUNDS- conthiued ARC Homes Accommodation - Income generat¢d from operating the supported accommodation project d¢signaied the suppor t of the Accommodation Recovery Community Hom¢s proj¢ct. 18. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. Page 35