**Charity registration number 1114486** **Company registration number 04173875 (England and Wales)** ## **HOME TO WORK LIMITED** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **HOME TO WORK LIMITED** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees/Directors**|Mr G Calvin| |---|---| ||Mr G Cartwright| ||Mr C Moores| ||Mr M Telford| ||Mr W Wilkinson| ||Mr M Winward| ||Mrs H Cloudsdale-Jones| ||Mrs A Dias| ||Miss M Walker| ||Mrs K Jones| |**Charity number**|1114486| |**Company number**|04173875| |**Registered office**|17 High Street| ||Cleator Moor| ||Cumbria| ||CA25 5AH| |**Independent examiner**|Armstrong Watson LLP| ||Chartered Accountants| ||Carleton House| ||136 Gray Street| ||Workington| ||Cumbria| ||CA14 2LU| ## **HOME TO WORK LIMITED** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4 - 5| |Balance sheet|6| |Notes to the financial statements|7 - 16| ## **HOME TO WORK LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ The Trustees/Directors present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ## **Executive summary** Home to Work hosts the Skills 4 You project. The project was set up to help unemployed people in Copeland - Skills 4 You provides a safe environment for individuals to actively engage in a workshop setting offering practical skills development at the same time as addressing the social aspects of life. Supporting mental health and wellbeing and preparing for further training, volunteering, and employment. Our staff work with partner providers to enable our learners to identify barriers and work towards finding solutions. Often our clients have very complex issues. In recent years we have been able to expand what we offer through additional funding; we now have the Goodlives site which offers training in horticulture – growing healthy nutritious food and learning the benefits of a healthy lifestyle. It is a perfect environment for those who don’t work well in a classroom setting. We also set up Cleator Moor Community Shop, a customer service training centre offering hands on experience in retail, a real asset to anyone on their route to employment. Skills 4 You has been supported by a number of Funders this year: Home To Work Ltd has been able to support Skills 4 You with internal funds generated from the Trading arm of the Business - Works 4 You Ltd Copeland Community Fund and Sellafield fund are match funders for the core running costs of the current programme 2021 – 2024, they were supported by a significant donation from Garfield Weston. ## **Aims** The project has continued to focus on the following aims: 1. Helping to address high levels of unemployment in Copeland. 2. Helping to engage hard to reach unemployed people and address issues around personal development. 3. Providing a suitable and non-threatening environment that offers a practical work experience at the same time as access to personalised mentoring and support services. We continue to support our Learners through a professional therapeutic interventionist who addresses the more emotional and personal based issues that clients have. These are dealt with on a one-to-one basis and in group sessions. We aim to encourage a change of thinking such as learning to problem-solve or to get rid of selfdefeating thoughts. Understanding how behaviours affect others, control techniques for anger and frustration and dealing with the stigma of unemployment are priority interventions. ## **Programme design** We offer a programme that is tailored to each individual’s needs – they have as much support as they need/want from the Therapeutic Life Coach during their time with Skills. This includes relaxation, meditation, tai chi as well as one to one support. We also offer help with applications, resources, access to information and advice and guidance regarding job search. On occasions we provide them with the tools for their interviews such as appropriate clothing and travel costs. When a learner is successful in employment, we can support jobs with equipment such as PPE or other specific employment needs. Our Work Coach supports the Learner for around 6 months after gaining employment to help overcome any obstacles in those early days of employment. - 1 - ## **HOME TO WORK LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ The trustees' report was approved by the Board of Trustees/Directors. Mrs K Jones **Trustee** 22 December 2024 - 2 - ## **HOME TO WORK LIMITED** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES/DIRECTORS OF HOME TO WORK LIMITED** I report to the Trustees/Directors on my examination of the financial statements of Home to Work Limited (the charity) for the year ended 31 March 2024. ## **Responsibilities and basis of report** As the Trustees/Directors of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or - 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the 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 understanding of the financial statements to be reached. Steven Kirkbride BFP ACA ATT MAAT Armstrong Watson LLP Carleton House 136 Gray Street Workington Cumbria CA14 2LU Dated: 22 December 2024 - 3 - ## **HOME TO WORK LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**Current financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
16,334
312,369
Charitable activities
**4**
9,933
-
Other trading activities
**5**
2,035
-
Investments
**6**
799
-
**Total income**
29,101
312,369
**Expenditure on:**
Raising funds
**7**
43,661
253,076
Charitable activities
**8**
5,123
9,499
**Total resources expended**
48,784
262,575
**Net (outgoing)/incoming resources before transfers**
(19,683)
49,794
Gross transfers between funds
(1,478)
1,478
**Net (expenditure)/income for the year/**
**Net movement in funds**
(21,161)
51,272
Fund balances at 1 April 2023
75,479
71,127
**Fund balances at 31 March 2024**
54,318
122,399|**Total**
**2024**
**£**
328,703
9,933
2,035
799
341,470
296,737
14,622
311,359
30,111
-
30,111
146,606
176,717|**Total**
**2023**
**£**
321,466
26,614
-
311| |---|---|---| |||348,391| |||234,909
84,969| |||319,878| |||28,513
-| |||28,513
118,093| |||146,606| The statement of financial activities includes all gains and losses recognised in the year. The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 4 - ## **HOME TO WORK LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**Prior financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
5,278
316,188
Charitable activities
**4**
26,614
-
Investments
**6**
311
-
**Total income**
32,203
316,188
**Expenditure on:**
Raising funds
**7**
5,596
229,313
Charitable activities
**8**
11,237
73,732
**Total resources expended**
16,833
303,045
**Net (outgoing)/incoming resources before transfers**
15,370
13,143
**Net (expenditure)/income for the year/**
**Net movement in funds**
15,370
13,143
Fund balances at 1 April 2022
60,109
57,984
**Fund balances at 31 March 2023**
75,479
71,127|**Total**
**2023**
**£**
321,466
26,614
311| |---|---| ||348,391| ||234,909
84,969| ||319,878| ||28,513| ||28,513
118,093| ||146,606| - 5 - ## **HOME TO WORK LIMITED** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2024**_ |**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**15**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**16**
Unrestricted funds
**17**|**2024**
**£**
120,124
35,788
155,912
(3,563)|**£**
24,368
152,349
176,717
122,399
54,318
176,717|**2023**
**£**
18,445
132,077
150,522
(11,537)|**£**
7,621
138,985| |---|---|---|---|---| |||||146,606| |||||71,127
75,479| |||||146,606| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees/Directors on 22 December 2024 Mrs K Jones ## **Trustee** Company registration number 04173875 (England and Wales) - 6 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** ## **Charity information** Home to Work Limited is a private company limited by guarantee incorporated in England and Wales. The registered office and principal place of business is 17 High Street, Cleator Moor, Cumbria, CA25 5AH. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the Trustees/Directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees/Directors continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees/Directors in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 7 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets costing £100 or more are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Furniture and equipment 25% straight line basis Motor vehicles 25% straight line basis The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. - 8 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the Trustees/Directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Income from donations and legacies** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Grants
13,431
312,369
Other
2,903
-
16,334
312,369|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
325,800
5,278
316,188
2,903
-
-
328,703
5,278
316,188|**Total**
**2023**
**£**
321,466
-| |---|---|---| |||321,466| - 9 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **4 Income from charitable activities** |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Charity shop income|9,933|11,739| ||Work done|-|14,875| |||9,933|26,614| |**5**|**Income from other trading activities**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Fundraising events|2,035|-| |**6**|**Income from investments**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Interest receivable|799|311| - 10 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **7 Raising funds** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Staff costs
-
163,692
Support costs
43,661
89,384
43,661
253,076|**Total**
Unrestricted
Restricted
funds
funds
**2024**
2023
2023
**£**
£
£
163,692
-
146,142
133,045
5,596
83,171
296,737
5,596
229,313|Total
2023
£
146,142
88,767| |---|---|---| |||234,909| ## **8 Expenditure on charitable activities** |**Direct costs**
**Share of raising funds and trading activity costs (see note 9)**
Raising funds
Trading activities
**Analysis by fund**
Unrestricted funds
Restricted funds|**2024**
**£**
-
14,622
14,622
5,123
9,499
14,622|**2023**
**£**
12,366
72,603| |---|---|---| |||84,969| |||11,237
73,732| |||84,969| - 11 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **9 Support costs** |Depreciation
Premises costs
Administration costs
Insurance
General expenses
Legal and professional
Charity shop expenditure
Bank charges
Service Charge
Analysed between
Trading
Charitable activities|**Cost of**
**Raising**
**Funds**
**Costs of**
**Trading**
**Activities**
**£**
**£**
8,449
939
66,905
4,764
11,036
1,226
2,879
320
22,690
2,521
20,815
-
-
4,789
271
63
-
-
133,045
14,622
133,045
-
-
14,622
133,045
14,622|**2024**
**£**
9,388
71,669
12,262
3,199
25,211
20,815
4,789
334
-
147,667
133,045
14,622
147,667|**Cost of**
**Raising**
**Funds**
**Costs of**
**Trading**
**Activities**
£
£
3,220
358
68,238
7,582
14,615
1,624
3,140
349
11,920
1,323
-
9,108
-
3,922
-
337
-
48,000
101,133
72,603
88,767
-
12,366
72,603
101,133
72,603|2023
£
3,578
75,820
16,239
3,489
13,243
9,108
3,922
337
48,000| |---|---|---|---|---| |||||173,736| |||||88,767
84,969| |||||173,736| ## **10 Trustees/Directors** None of the Trustees/Directors (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **11 Employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Tutorial costs|**2024**
**Number**
9
**2024**
**£**
119,656
44,036
163,692|**2023**
**Number**
9| |---|---|---| |||**2023**
**£**
120,897
25,245| |||146,142| There were no employees whose annual remuneration was more than £60,000. - 12 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **12 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **13 Tangible fixed assets** |**Furniture and**
**equipment**
**£**
**Cost**
At 1 April 2023
32,062
Additions
27,716
At 31 March 2024
59,778
**Depreciation and impairment**
At 1 April 2023
31,023
Depreciation charged in the year
8,137
At 31 March 2024
39,160
**Carrying amount**
At 31 March 2024
20,618
At 31 March 2023
3,871
**14**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income
**15**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Accruals and deferred income|**Motor**
**vehicles**
**£**
5,000
-
5,000
1,250
-
1,250
3,750
3,750
**2024**
**£**
420
119,704
-
120,124
**2024**
**£**
641
(263)
3,185
3,563|**Total**
**£**
37,062
27,716| |---|---|---| |||64,778| |||32,273
8,137| |||40,410| |||24,368| |||7,621| |||**2023**
**£**
8,441
5,718
4,286| |||18,445| |||**2023**
**£**
1,923
4,226
5,388| |||11,537| - 13 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **16 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. ||**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| |---|---|---|---|---|---| ||**2023**|**resources**|**expended**||**2024**| ||**£**|**£**|**£**|**£**|**£**| |Skills 4 You 2|62,127|252,226|(228,136)|-|86,217| |Solar power CCF|9,000|-|(8,769)|(231)|-| |Slow cooker course|-|-|(1,709)|1,709|-| |Garfield Weston|-|25,000|(7,095)|-|17,905| |Sir Robert McAlpine|-|3,000|(2,553)|-|447| |Voucher fund|-|8,372|(8,372)|-|-| |Modular Kitchen fund|-|23,771|(5,941)|-|17,830| ||71,127|312,369|(262,575)|1,478|122,399| |**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| ||**2022**|**resources**|**expended**||**2023**| ||**£**|**£**|**£**|**£**|**£**| |Skills 4 You 2|25,508|293,388|(256,769)|-|62,127| |Solar power CCF|-|9,000|-|-|9,000| |Slow cooker course|-|10,000|(10,000)|-|-| |Community garden/allotment|21,610|900|(22,510)|-|-| |Good Lives|6,612|-|(6,612)|-|-| |Train Stations|541|400|(941)|-|-| |CCF Winter Warmth Mar 22|410|2,500|(2,910)|-|-| |Vinci Kitchen|3,303|-|(3,303)|-|-| ||57,984|316,188|(303,045)|-|71,127| ## **Purpose of funds:** Skills 4 You 2 - provides a safe environment for individuals to actively engage in a workshop setting offering practical skills development at the same time as addressing the social aspects of life. Solar Power CCF - to utilise solar power on the Goodlives site Slow Cooker Course - introducing our learners to slow cooker recipes and healthy eating on a budget. Garfiled Weston - the core costs of running the Skills 4 You project Sir Robert McAlpine - to buy wood, soil and rabbit protection mesh for the Goodlives project Voucher Fund - to buy food vouchers for gifting to the community Modular Kitchen - to help fund the cost of purchase and installation of modular kitchen within the centre - 14 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **17 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At**|**1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| |---|---|---|---|---|---|---| |||**2023**|**resources**|**expended**||**2024**| |||**£**|**£**|**£**|**£**|**£**| |General funds||75,479|29,101|(48,784)|(1,478)|54,318| |**Previous year:**|**At**|**1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| |||**2022**|**resources**|**expended**||**2023**| |||**£**|**£**|**£**|**£**|**£**| |General funds||60,109|32,203|(16,833)|-|75,479| |**Analysis of net assets between**|**funds**|||||| |||||**Unrestricted**|**Restricted**|**Total**| |||||**funds**|**funds**|| |||||**2024**|**2024**|**2024**| |||||**£**|**£**|**£**| |**At 31 March 2024:**||||||| |Tangible assets||||3,750|20,618|24,368| |Current assets/(liabilities)||||50,568|101,781|152,349| |||||54,318|122,399|176,717| |||||**Unrestricted**|**Restricted**|**Total**| |||||**funds**|**funds**|| |||||**2023**|**2023**|**2023**| |||||**£**|**£**|**£**| |**At 31 March 2023:**||||||| |Tangible assets||||3,925|3,696|7,621| |Current assets/(liabilities)||||71,554|67,431|138,985| |||||75,479|71,127|146,606| ## **18 Analysis of net assets between funds** - 15 - ## **HOME TO WORK LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **19 Related party transactions** There were the following disclosable related party transactions during the year: |**Description**|**Opening**|**Amount**|**Amount**|**Closing**| |---|---|---|---|---| ||**balance**|**advance**|**repaid**|**balance**| ||**£**|**£**|**£**|**£**| |Works 4 You Limited|0|24,250|(40,072)|(15,822)| ||───────|──────────────||───────| ||0|24,250|(40,072)|(15,822)| ||═══════|══════════════||═══════| Loan between Home to Work Limited and Works 4 You Limited is repayable on demand and interest free. - 16 -