F'.egistered Charity No: 1108113 Registered Company No.. 5242598 (England aiid Wales) REPORT AND FINANCIAL STATEMENTS for the eriod ended 31st March 2024 for Students and Refu ees To ether START (A Cc,mpany Limited by Guarantee)
Students and Refu ees To ether START (A Company Limited by Guarantee} INDEX I O THE FINANCIAL STATEMENTS for the period ended 31st March, 2024 Page Legal and Administ", gtive Information Report of the TrustÈes Auditor's Report Statement of Finan¢'ial Activities Balance Sheet Notes Forming Par,1 )f the Financial Statements 7 to 11 Page 1
Students ?,nd Refu ees To ether STAR (A Company Limited by Guarantee) Legal and Administrative Infonnation The Company was incorporated on 27th September. 2004 as a Company Limited by Guarantee. Charity Name: Students and Refugees Together (STARD Charity Registration Number: 1108113 Company Registratlon Number: 5242598 (England and Wales) Registered Office: Unit4 HQ Building 237 Union Stref.: Plymouth PL13qQ Dlrector8rrru8tees: Avril Bellinger Paul Roach Viv Horton Daniel Steel Deirdre Ford Emily Cannon Phillipa Davey Jason Plunkett Chair Treasurer Co-chair Co£hair Resigned 11104123 Secretary Jean Curd Indendent Examiner: St. Kew Accounlancy Ltd. Patto Owriak Allen Park St Kew Highwa Bodmin PL30 3AR Bankers The Co-operatii'e Bank PO Box 250 Skelmersdale WN8 6WT TSB TSB Bank PIC PO Box 1000 BX4 7SB Page 2
[EpoRT OF THE TRUSTEES f•rth• p•rlod•ndd 31stllarch, 2024 GOVERNING tMXUMENT OBJECTIVES Thoobpcthvq5 ofthe charty Ler iav•¥iyy" SWU5 thwrdependwtyin rf.1 ORGAN15ATtQN ACHIEVEMENTSAP40 PEAFORANce )th. ¢n an IndIdl be8b, m¥tyThJYkJL4¥1 ." h#faThhes W, r8••Mw "rtofvy m&k•l IhB noAd$ mai w4re a t¢ 8fKJ tlmnwhs sookrcaTriwy S111158na R•fugeeJT¢)g•iprlSTARTI ¢1.. AISK MANAGEMÉPIT bmn wtbliihed •llblD r•gJw w£#¢ to C•h b•7 RESERVES POLICY siudoni$ RI91•$ TVrisTART) rnib4 On grwts rer•v•d roMry88 to •nswe th• coni1nLtyd Wrvt: oel¥4ry stythmsind Togethw ISTARn w r•0£128 Lwon mè Ill Awl. 2023 The wrjwd A WWLYI TfftISTARn'i r•ed rIr¥• pol LhrtrO TRUSTEES. REsP01481LrnE1 m8keiudg&TheMS 8ThYwtsIes pos d IhEthHrttySThJ lo eMblB thom thBitrfirt Ad2 INDEPENDENT EXAAIINER Act21 r•kqbW tosmaN Inb¥ ".-SwJ try tl'Jle Apwo¥80 tytrTrUStS 2021
INDEPENDENT LXAMINER'S REPORT TO THE TRUSTEES OF Students and RefL ees To ether START (A Company Limited by Guarantee) ON THE ACCOUNTS FOR THE PERIOD ENDED 31st March 2024 l Tr)port on the accounts of the company for the annual period ended 31 st fvl.arch 2024, wl iich are set out on pages 2 to 11. '.spective Responsibllltles of Trustees and Examiner. T*e charity's trustees (who are also directors of the company for the purposes of company la¥) are responsible for the prepar¥ iion of the accounts. The charity's trustees consider that an audit is not required for this vear under section 144(2) of the Charities Act 2011 {t!1tyTr 2011 Act) and that an indepen(ient examination is needed Hi¢ ving satisfied myself that the charity is not subject to audit under company law and is eligible for independent examinatior, it is my responsibility to: examine the accounts .Inder section 145 of the 2011 Act; to follow the procedure .' laid down in the General Directions given by the Charity Commissioner L 'ider section 14515)Ibl of the 2011 Act. lind . to state vthether partiCL ,ar matters have come to my attention. Bas18 of Independent Examlnefs Report s. examination was carried OLrt in iir cordance with the General Directions given by th.. Charity Commissioners. An exa liination includes a review of the accounting rGI'.i)rds kept by the charity and a cc I 11parison of the accounts presented with those rÉin.ords . It also includes consideralion of any unusual items or disclosures in the ai.=ounts and seeking explanation".. 'rom you as trustees concerning such niatters. Tf.L procedures undertaken do not ." rovide all the evidence that would be required in an aLilit and consequently no opinion given as to whether the accounts preoent a 'true aiid fair view, and the report is limiti?d to those matters set out in the statement below. ,.Jependent Examlnefs ststem6.lt In connection wilh my examination, io matter has come to my attention.. ihich gives me reasonable cause io believe that, in any material respect, the re(4uirements'. (a) to keep accounting records in accordance wth stion 130 of the 2011 Act; and (b) to prepare accounts which accord with the accounting records and to comply with the account ng requirements of the 2011 Act have rot been met, or ro which, in my opinion, attention linould be drawn in order to enable a proper Uf derstanding of the accounts to b:. reached. SIHned:......... M. Vickery St. Kew Accountancy Ltij. Patto Owriak, Allen Park St. Kew Highway, Bodmi.I PL30 3AR D. Ite.'_ 27th June, 2024 Page 4
dènts and Refu STAR IA Crynpary rnrted ty Guarartsel Consolld ment of FlnancSal Actlvrtlos Includin an Income and Ex nditure Account fortho pwlcd ended 31st IA•r¢h. 2024 Total Fundg 2024 Ti)tsl Fund 2023 Unresln¢twl Incomlrtr FuThJs In¢omlng RésourG•S from G•ner•t•d Fud¥'. Oonatsons L1 dUofy orgnts. tru8twts PCC- RIS and VPR Scheme PCC- H¢m8$ for Ukra DCC. Synan VPR Sch8n studetrt Fees I":rnd8 of Sbjdents and RtypMYwotsrlSTAR"I i f8L8inG VPR Refunds 'IIHR RouteE toWeln• Inmlm•ntlneom• Incoffllnq R•sOUr fr( c1bI• Aclfvth.. Olher MlsGelLqn•ous 675 3ffi76 99ATO 127.J92 34.000 3.470 127.392 123.390 39.274 TT4 19,7C 1.1Th) 2.1WJ 1,100 2,193 1,419 206 1.7 Totsl Incomlng Ro$our¢ 174261 102.470 276,731 308,$6P F'jiidrol Ctmmunty Aets¥e¥ 184 12.011 727 218 12,011 218 13,251 0,116 Vduntear ENwtses Oth•r'. 1,011 57.949 14.862 172.329 67,68S 17,692 15,752 168,408 55.881 15,71Q 33.498 420 1.053 1.437 42.793 13.169 14.$12 Pentsbns 1.210 E. olual 5,053 1,217 J,028 728 1,302 SWI Trll¥•l HR Surwrt P•':oll Co8 1.287 828 478 735 M'i'fibqrnhi Motik Tdepho Int.)motlL8ndlhWSupport Pdnl Trnining 175 237 4.784 5.120 8,784 6.054 3.272 8.272 23.873 2.720 1.23S 1.720 8.181 17 2.810 12.877 1.522 3.758 18.488 1.972 1,6JS 1.613 4.757 InurarK (i•n8r Ralèi iarwng 351 1.428 Kli$cdlaneoJ$ 41iik Chory 1Tr) 2A23 "grnIce CoBts'. Prrrtession81 Fees B20 TJ241 RtsOur exwnded 243 102.470 348M66 359,SBO Net Out9olng Resou•8.. I. movement In Funds .125 49.12S lotal Fund• 8rought Forward 240.2&1 203.295 Totsl Funds C8rrle(l Fomnl 171.IS8 171.1S8 240.283 P&Je 5
Studen's and Refu ees To ether START (.y Company Limited by Guarantee) BALIINCE SHEET AS AT 31ST MARCH. 2024 Notes 31103124 31103r23 FIXED ASSETS Tangible Assets 10 3,530 4,255 CURRENT ASSETS Debtors & Prepayments Cash at Bank & in Hand 11 129 228,657 129 280,416 228yi 86 280,545 CREDITORS: Amounts falling due wthin one yea.. 12 61,157 44,516 NET CURRENT ASSETS 167,629 236.029 TOTAL ASSETS LESS CURRENT LIABILITIES 171,158 240,283 CAPITAL ANO RESERVES Unre8trlcted Funds Designated Funds General Funds R08tricted Funds 14 14 14 136,OIXI 35,158 136.0 104,283 Totsl Funds 171,158 240,283 For the period ending 31103120* * the chantable company was entitled to exemption from audit under section 477of the Companies Act 2006 relating to small companies. The members have not requireo the company to obtain an audit of its acLounts for the year in question in accordance with s.{lon 476. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records a ,.d the preparation of accounts These accounts have been prer,;ired in accordance with the provisions ,irJplicable to companies subject to the small companies, "egime. 011 BEHALF OF THE TIIJI STEES. -signed by Trustee V N kloot)ki -Print Name Approved by the Trustees on.. June, 2024. Page 6
Students and Refu ees To ether START (A n4ompany MIted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the period ended 31st March, 2024 1. ACCOUNTING POLICIES: Accounting convention The financial statements ha.'e been prepared under the historical cost convenb.on and on an Acuuals basis. in accordan with the 2008 Regulab"ons and the Slatement of Recommended Practi, as required by the -. harity Commission for England and Wales. Voluntary Income Negligible amounts of volun+ary income ts ra1Ved by way of donatsons ir lid is included in full in the Statement of Finanry.-i AclNibes when reIv8b1e. The value of seThI..S provided by volunteers has not been inc'uded. Expgnditure Resources expended a rr.J)gnised in the period in which they are InrJJrTed. Resources expgnded indude attn"butsL"le VAT which can not be reVered. Unrestrlctsd Fund• Unreslricled fvnds are don¢41ions, letting$ income and other incoming resources R¢eivable or generated for the objècts ol th• chanty wthout fvrther speufied purpose and are available as general fvnds. Do$lgnated Funds Designated funds are un$s1cted funds eamiarked by the management i?Jmmltt8e for particular purposes. Restrl¢ted Funds Reslricled funds are lo bo .' .'ed for specific purposes 85 laid down by the donor. Exp8ndilure which meets these criteria i charged to the fund, together vith a fair allocation of management and $upport costs. Tanglblo Fixed Assets For valuation purposes. deyi'écialion ts calculated at Ihe followng annual rates. in order to write off each assel over its esliiyialed useful lrfe.. Equipm8nl-. 21 % on a $tra¥Jhl line basis. 2. DONATIONS 3110&'<024 3110312023 Total Total Unrg3trlcted Restrictgd General donaty'ons 675 3,675 2,803 675 3,675 2.803 3. CURRENT ASSETS: &-i.-.h and Bank 3110312024 31102Q.023 The CoperatiVe Bank 106,235 118,767 3,625 30 1LIS,135 1 i 5.230 Pi lty Cash 228,657 280.416 Page 7
Students and Refu ees To ether STAR IA Company Mited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for th£ pgriod ended 315t March. 2024 4. INCOMING RESOURCES FRJM ACTMTIES TO FURTHER THE CHARI8 OBJECTS 3110312024 31103r2023 Total Totsl Grant- R8fv9ee Better Outcomes Partnership Granl- Tudor Trust Granl- Big Lottery Awards for Al.. Grant- 29th May 11 Chantabl.J Tntst Grant- Home Support Fund PCC Grant- Garfiel¢J We51on Grant- William Alen Young CT Grant - The Leigh Trust Grant- Wakefield Trust Grant- Charrties Aid Foundation fhase 2 Grant - Charllies Foundaliori. ResI1n¢t Grant. Leigh Trust Grant - Ashworth Charlty TnJ81 Gr8nl - Vicarfs Relief FurKI Grant - Northcott D9von Founda'4t)n PCC- RIS and VPR Scheme PCC- Hom&8 lor Ukrainè DCC SVPR Sch8me Student Placernenl Fees Donations - Cultural Krtdn Donalbons Other Friends of Start Enthuse Just Giving NIHR Routes lo Wellness Miscellaneous Bank Interest 45,720 27.lJOO 10.000 5.000 5.000 2.500 2.000 1,250 1,OCry 46,720 60.3 21.472 5.610 10,000 12,500 1,250 79.059 15,000 2.000 2.000 1.000 400 123.390 39.274 774 19,706 189 2.814 1,200 768 1,419 1.925 121.3W2 127,392 675 1.100 3,6714 1.100 2.193 205 1,788 2.193 206 1.788 174.261 102,470 276.731 396.S69 S. STAFF COSTS AND NUM8E',S Slaff costs were as follo.. 3110312023 3110312023 Salaries and wages Social securrty sts Pensions 172.324 $7,660 17.697 247.61 S 168.4f 55.881 15.710 239.997 No employge retxived emoluments of more than £60.0fy) The average weekty number of r iiploye8$ during the year. ca19ted on the b86 of full time equivalents, was as lollows.. 3110312024 3110312023 No No Co-manager Caseworker StLJent SupeNisor 6. TAXATION The charbty is exempt from corp(.tation tsx on ils chariiable aclivittes. Page 8
dents and Refu ST IA Company Limrted by Guarantee) NO"fES TO ThE FINANCW STATEMENTS foi the end•d 31st Mareh. 2024 7. DIRecT¢HARITABLE EXPENfiTVRE G8neral R•thtsd 31103rd024 31hW2023 Fund Fund Toil Funds Tow 164 12.011 727 216 12.011 6,$1• 2t8 13,251 9.116 COmfflmtyA¢IMtW i Vdunle8r Eyr Sa5 114.3KI 42.793 13.189 14.512 $7. 172.329 57,656 17.692 15,752 1.1( &fj,881 15,710 33.496 420 1.240 E¥aluat Staff Tra¥ HR Suppryl PffjTdl Costs Onlc8 C1 1.287 628 479 1.)2 1,287 3,028 728 1,302 1,437 735 175 237 5,362 4.784 5.120 1.199 2.618 12.8n 1.522 5,7 6,054 2.107 3,758 18,48S 1,972 1,6JS 1.613 4,757 Inl¢rr•llL8ndlhèllT 1.7 1.140 3.272 5,272 fJ,873 2.720 1.235 1.720 8.161 Renl Ckar 1.282 3.329 Prof88sloftl F1 112 f7 334 8k Ch 1C¢) 2,823 243.3B8 102.470 345,188 359,5B1 8.TRANSACT¢ONS IlITh THE TRUSTEES g. NET INCOMING RI.'SOURCES FOR THE YEAR 81 R•strKitrJ 31WJ12024 31t0312023 Fwwj Total Fund• Tol Tl¥s k stated 4ftwth. ."iJty.' 112 120 2,123 2.823 3.531 10. TANGIBLE FixeD AsseTS: Equlpm•nt Total Co•t 89m Ftw Le56 Drth,. 9.195 9.195 s at 3151 202" 11,21) DeprnciatloF) 8rou9hl FotThd Charge for the PWKXJ Less Fty DewKJ" As 4t 315t March, 21 7.763 7.763 N•t Book V*luo= As ai 31st March, 2024 Bookvaluo: As al 1st W, 3J23 4,255 {288
tudonts and Il•fu STA IA Company Jmrte<l by Guarantee) NOTES TO Tr'.'_: FINANCIAL STATEMENTS for the pgril d ended 31st ktsr¢h, 2024 11. De8TORS.. liikng dw'withth on•y•ar )lh)ts 31N)Yd023 12# 129 129 12. cREDOR8." AM0111 Ithkn•n••r. 31mFx24 310)Y2023 Gr3rts' TrTrst GarfiÈlJ Wi.. The Ltygh TtUSI The wa8 8kJ LOtry4iw¢• 4 27,IOD 24.5[ 1.250 io.fy)) Wllwmwkn. Yc4wCharflA Tn4t Third Ptyty i¥l. Seo Ncd• 15 Urmwtrthd.. NIHR .,.: 2.810 1.720 61.IS7 44.516 1$. ANALYSL8 OF NET IMETS 8E'WEEN FUNDS TgIble FiY•d A68818 Cuffeni AassEts &6$0 187,629 167.629 NelA8sets 8S * 3111 M•r¢h, 2024 171.158 171.161 14. MOVEMENTS IN FUNDS Grotht. Refvg•• Bett¥0£0 Pii i-ml •M- Tudor Irust Grani. Big LoiwryAwrds Gr8M. 29lh May 1961 Chorftable Tt Granl. Home Suppm PU1 L'ty ani. Garr1 Weston Ènl. WIIIrn knnY(x ClbI& Tnjst ani- Leigh Tt èni. Wokefl•ll Twl 45.720 27.) 10 45.7YJ 27.ex(J 10.IX 2XL) 12$) 12YJ Olher TOTALS 102.470 Rosém. Runrfng Costs 1L. 100.000 30.¢MO 126.IMI 136,th) Unrn•trlGt•d fvThl¥'. PCC. RIS and VPR Schem8 PCC- Homesfor Ukrne 1S.ffiI 139,954 142.473 64.913 Total Unrt&trictsd FI 104283 174261 243. 3S,1SI Tot•1 FuthJ• 276.731 171.1 Pape 10
Students 4nd Refu ees To ether STA IA Ccimpany Limited by Guarantee) NOTES 10 THE FINANCIAL STATEMENTS for the period ended 31st March. 2024 15. GRANTS PROCESSED FaR OTHER SERVICE USERS This informats.on was previou<",y induded in Ihe accounts. For ctarity. thè grants managed at am)S• length for other Servi users ":ave been separated from the other funds £,1d by Start and shown below. Source of Fun(ts Incom8 Expendftur• Accrual to 24125 PCC VPR Northcott Dèvon Foundation Vicaf s Relief Fund Other 11.0 18.104 17.542 5.202 11,(J)o 15,994 17,042 5.202 2.110 500 51.848 49.238 2,610 16. CAPITAL COMMITMENT f The charty has no caprtal cor Imrtmènts as at 31st March 2024 or 31st March é.023. 17. PURPOSES OF RESTRI(.'fED FUNDS Grant- Refugee Better Outco i)•s Parinership For delivery of good housing outcomes for a Ptymoulh wd8 refugee partnership. IH¢)me Office funding.} Grant- Garfield Weston Contribution lo re organNalional costs. Grant- Big Lottery Awards FG.. All Contrfbution to core org8nisalional costs, 8p8crficalty lo support orb-going casewort Servi.5 al START. Grant- 29th May 1961 Charitsiole Trust Contribution lo core organitsational sts. Gi8nt-Tudor Trust Support for established refugee communils in POUth. Grant- Homè Support Fund - Ptymoulh Cil. ounl Funds di$lribuled in 0er lo alkviaie f¢)od and energy povety or the causes that poverty in low-inr#)me househokts. Gr8nl- William Allen Young iliaritabk Twst Contribution lo core oryanisalitinal eosts. Grant- Wakefiekl Twsl Contribution lo eort organi¥olronal costs. Grant- The Leigh Trust Conlribulion lo core organisalional ¢4)sts. Anonymised GranVDonation Contribution lo 0) organi'.'.'.lional costs. These n¢y. Is fom) part ofthe finonual stslements Page 11