2023-09-30-accounts

Trustees’ Annual Report for the period

1[st] October 2022 to 30[th] September 2023

Charity name: Turn Around

Charity registration number: 1112832

Objectives and Activities

Objectives and Activities
	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The advancement of education among the inhabitants of the London Boroughs of Lewisham, Bromley and surrounding areas in Greater London
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	By the provision of a Centre for the exchange of educational publications and materials and facilities for tuition in literacy, basic skills and life skills. This is supplemented by Outreach services provided in four other locations and by remote support to students using appropriate technology. In addition, wherever we can, we assist our students to access other educational opportunities and overcome problems which are barriers to learning, especially by “signposting’ other agencies.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

You maychoose to include further	statements where	relevant about:
	SORP reference
Contribution made by volunteers	Para 1.38	All tuition is provided by our wonderful team of more than forty volunteers. They are heroes!
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Our research suggests that more than 90% of our students feel that they achieve their objectives, whether this be to learn to read, to learn basic maths, to improve their skills so as to enable them to benefit from college or school lessons in order to pass school, university or professional examinations or to improve their skills to get employment or secure advancement. We work closely with people referred to us by the DWP or various other organisations to help them enter or re-enter the world of work. Our students flourish in a supportive, non- judgmental environment, completely focused on the individual (thereby ensuring total regard for equal opportunities); in this way students gain self-respect and become better able to engage with society. Not a few come back to us to volunteer. We contribute to both social and economic inclusion.

Additional information

	Achievements against objectives set	Para 1.41	Our target is a 100% success rate. We’ve not got above 98% yet.

Financial Review

Financial Review
Review of the charity’s financial position at the end of theperiod	Para 1.21	Net cash assets are £20,129.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Our income from donations is inherently “lumpy” so, if possible, we always aim to assure continuity by having enough cash and committed donations to cover outlays for the next year. In most years, sadly, this has not beenpossible.
Amount of reserves held	Para 1.22	Net cash assets in our thinking are all reserves.

Additional information (optional)

You may choose to include further statements where relevant about:

You maychoose to include further	statements where	relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Turn Around has received considerable sums over the years from The Garfield Weston Foundation, The London Community Foundation, The Trusthouse Charitable Foundation, Benevity, Waitrose Community Action and local branches of Rotary, amongst others. We have held successful fundraising events in previous years and had planned more thisyearpre-Covid.
A description of the principal risks facing the charity	Para 1.46	The principal risks are that we cannot attract enough donations or volunteers to do our job. While state education fails so many millions of Britons, students will not be lacking.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed,royal charter)	Para 1.25	Trust Deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	New Trustees are appointed by the Trustees to fill vacancies as they arise.

Reference and Administrative details

Charityname	Turn Around
Other name the charityuses	**The Exchange **
Registered charitynumber	1112832
Charity’s principal address	25 High Street St. Mary Cray Orpington Kent BR5 3NL

Names of the charity trustees who manage the charity

	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Michelle Paul MBE	Chair
	Elaine Andresier- Robinson
	Deanne Beevers
	Veronica Lee
	David Paul

Colin Stubbings Rosalyn Rudman Jenny Manchester Until 5[th] April 2023 Susanne Austin

Name of chief executive or names of senior staff members (Optional information)

Lynn Bird

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Michelle Paul MBE Position (eg Secretary, Chair Chair, etc) Date 12th March 2024

Receipts and payments accounts CC16a Forthe period Isl October 2022 To 30th Sftplember 2023 Section A Receipts and payments Unr8strict8d fvnd$ Endowment fund$ Itthw ￿are5¢£ Restrfcted funds Total fund$ Lastyear totrA nearest tottw nMrMt£ tot￿ war￿tt A1 R¢cel ts fbnations 26,979 10 10 aDk interest Evenls Incorr from $ervt95 User ch 1.tTO 1.1YO 1,2311 ort rdnt Gtant from Llnks B 4,0 31.234 Sub total(Gross income forAR) 31, 32,220 A2 Asset and Inv•stm•nt sale see table . Sub totsi 31.234 31,234 32,220 m•nt5 Payroll other ￿￿nIstrer￿e costs 3.547 4,839 Insurnrt9 Prior yepr ￿¥￿Tr5e$ Tralnlng r4laint•no Botsks ond slal A5distgncfr 10 61uthnts 60 4,758 093 1.896 703 Sub total 33,261 33,ZOt 27,891 A4 A8s•t and Inveg¢m•nt purchases. Is¢• table) Equipment and fumitur• Sub totsi 33,261 33,201 27.801 Net of rgealMs/lwyments) A5 Tftnsfers b•tWoen funds A6 Cagh funds last yearend Cosh funds this yurend .0271 .02Y 4,329 000 4,009 18.156 22.156 17,B27 22.156 20.129 20,129 Section B Statement of assets and liabilities at the end of the period Unro$trf¢ted RaBtricted fund5 funds tOr￿￿e5t e Endowment und$ to Mire•t£ CaiÈgori85 mqrMt£ 81 Cash funds Albu1hr￿ Lathatn & C TTUStees IL)an P371 Pètty ¢8gh rotslcash funds 20,129 CCXX R1 aox>unts (SSI

Unrastrf¢lod fuftd5 t0￿r￿1 É R•strlcted fund$ Endowment funds to r￿￿r￿t£ Detai18 tOFMrut£ B2 othor monetary assets Details Cct IoFllcrnll val B3 Inve$tsn¢ntass•ts F￿rnI astet bsl CIwF•rt val ICOLYAI Dotails Equipmnl B4 A88ets retained for th& ¢harity's use 4774 Frtlity out shop 70.860 Futnjtu FiwwJto¥JN¢h lithllty relates IWlorl} Detai15 ft¥4lcmll BS Llabllltio¥ Signed by one ortwo tnJslees on bphay of all the trust88S SJnature PrThrt Narn8 Date of approval MRPaul 1710112024 CQXX R2 8cLounls ISSI 1810112024

Turn Around 25 High Stteet St. Mary Cray Otpington, Kent BR5 3NL Telephone: [phone] Telephone (mob): 07794 385 $53 Email: [e-mail] www.tumatoundch*rity.otg.uk Basw skillsfvr all Note8 to the Receipts attd Payment8 aeeount for the year ended 30 September 2023 l Turn Around pzepates its accounts on a receipts wd payments basis and in accordance with the requiremeftts of the Charitie8 Commission fot charitie8 of its size. 2 Two of the ttusteeg iticur much of the cbarirfs expenditute on its behal£ and seek texmbutsefftent from time to time. These teimbutgetnents are reviewed and authorized by a trustee other thkin th08e incutring the expenditure. In view of the frequency and amount of such expenditute the trustee 103tt account is treated as if it wett a bank account, so that the charity's receipts atsd payments account reflects expenditure by the trustees ill the year in which it was llkade, irrespective of when the ttus¢ee6 might be reimbursed. This ptovides a faArer view of the chatirfs accounts on a receipts and payments basis. Th¢ maxAmum amount owed to the tm8tee8 during the year was £L969. The yeatrend balance was £237. 3 In additioft, the8e two trustees own the butlding partty occupied by the charity. The charity occupie8 Ats part of the building as a tenant but Pays onty a peppercom ten4 appropriate property Costs ate pportioned ts) the charity. The donations receAved iticlude £330 from the8e two tmstees. 4 Turn Around has received sub8tsntial support from the Gatfield Weston Foundation, Chi8lehvr8t Rotary? Chelsfield Hospital and a number of private donors. This year Turn Atound received the secorAd half of grant from the knndon Borough of B￿mItY of £8,000. having provided the 8pecified setyices. 5 Having considered its commitments and soutce$ of futtd8, the Tru8tee8 are 6ati86ed that the chatity ha8 sufficient resoutce5 fot its ptesent purposes. iLLla Patron: Rt Hon ￿td Smith of Fitssbury. Mastet, PeJJxbroke College CambrAdge Charity No 1112832

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