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2022-03-31-accounts

RETAS Leeds

Charity number 1121330

A company limited by guarantee number 06365085

Annual Report and Financial Statements

for the year ended 31 March 2022

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Group's logo
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RETAS Leeds

Annual Report and Financial Statements for the year ended 31 March 2022

Contents Page
Trustees' report 2 to 9
Examiner's report 10
Statement of financial activities 11
Statement of cash flows 12
Balance sheet 13
Notes to the accounts 14 to 19

Prepared by West Yorkshire Community Accountancy Service CIO

1

RETAS Leeds

Trustees' report for the year ended 31 March 2022

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Robert Gosling Matthew Thornfield Pippa Brook Elizabeth Campbell Michael Baynham Yasir Mohammed resigned 8 October 2021 Mary Campbell Rawand Ahmed appointed 8 October 2021 Katherine Wyatt resigned 7 April 2022 Gillian Newman appointed 8 October 2021 Company secretary Roger Nyantou Charity number 1121330 Registered in England and Wales Company number 06365085 Registered in England and Wales Registered and principal address Bankers 233-237 Roundhay Road HSBC Epworth Investments Leeds PO Box 105 9 Bonhill Street West Yorkshire 33 Park Row London LS8 4HS Leeds. LS1 1LD EC2A 4PE

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 10 Sep 2007. It is governed by a memorandum and articles of association amended on 8 Oct 2007. The company registered as a charity 22 Oct 2007. The liability of the members in the event of the company being wound up is

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed upon recommendation by another RETAS board of trustee member or staff member and are voted onto the board of trustees by other board members at board meetings.

2

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

Objectives and activities

The charity's objects

The relief of refugees and asylum seekers in Yorkshire and Humberside who are in conditions of need, hardship or distress by the provision of education assisting in the relief of their unemployment and assisting their integration into society.

The charity's main activities

We believe that every refugee and asylum seeker can reach their potential here in the UK. We work closely with refugees and asylum seekers as well as the wider community in West Yorkshire to make this a reality.

We work to integrate refugees and asylum seekers by assisting with access to education, requalification, training and employment and strive to build confidence and hope in our clients.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular how planned activities will contribute to the aims and objectives they have set.

Financial review

The net income for the year was £55,584, including net income of £52,329 on unrestricted funds and net income of £3,255 on restricted funds after transfers.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £400,921.

The Board of Trustees have considered the appropriate reserves policy in the light of the organisations objectives and risks and have agreed that it is appropriate to maintain a level of reserves between 3 and 6 months of ongoing operational expenses. Based on budgeted expenditure of approximately £532,000, this would equate to a lower limit of £133,000 and an upper limit of £266,000.

The organisation currently carries a significant surplus above the reserves limit. This has been purposely built up over the last 2 to 3 years through careful management of the charity’s expenditure. Approximately 85% of the charity’s income is from two sources (AMIF and Leeds City Council) and there is a high likelihood each year that funding from one of those sources will not be renewed. When this happens, the surplus free reserves will allow the charity to continue to provide critical services to our service-users for a period of time, either to cover an interim period until replacement funding can be secured, or failing that to allow for a well-managed winddown of the services, minimising the impact on our service users and staff. The trustees consider maintaining such a surplus, rather than undertaking an expanding of our current service levels, to be a prudent measure, providing some level of security for service users and staff, together with a buffer to ensure that rising costs, in the current economic climate, can be absorbed by the charity with minimal impact.

3

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

Purpose

The report sets out to do the following

Offer an overview of the RETAS service provision in last financial year but more importantly, the impact of our services on refugees & asylum seekers, the refugee sector, and the local community.

Captures RETAS service delivery performance and organisational resilience as it continues to navigate through the effects of the Covid 19 pandemic, austerity & cost of living crisis, difficult funding landscape for the refugee sector, the challenging migration policy context, and the negative narratives about refugees etc.

Demonstrate the impact of RETAS work in the reporting period

Outline some key challenges ahead regarding refugee and asylum support in Leeds and how RETAS is positioning its response

Recognises the resilience of RETAS underpinned by its dedicate and resourceful team, volunteers, trustees, partners, and funders. Therefore, RETAS remains committed to its mission of enabling refugees feel welcome and fully integrate in the UK.

RETAS Core Service Provision March 2021/22

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New Roots
(Employability & 28 Days Transition
Adult Community Learning Service/Family
higher education
Education & Employability Reunion
support)
Refugee Resettlemt
RETAS Drop-in Service
SELIM Project Program
SRP/UKRS
Covid-19 Community Engagement
Project
Bright Dreams Women
Welcome to Leeds
Project
Project
(Sewing, ESOL, Health Volunteer Service &
& wellbeing, social
Volunteer Academy
(Welcoming new integration)
asylum seekers &
social integration)
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4

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

Organisational Performance 2021/22 - Resilience & Adapt

RETAS has continued to demonstrate strong resilience throughout the pandemic period. The organisation has adapted and responded very well to the challenges ensuring flexibility and continuity of service provision through our blended approach of virtual and face-face provision. The ethos and quality of RETAS service provision has not been adversely impacted during this challenging period and we continue to deliver on our commitments to clients, funders and partners.

In the reporting period, RETAS secured additional funding to reduce homelessness and destitution due to the pandemic for newly granted refugees. We also set up a new community engagement project (SELIM Project) as part of our Covid-19 response to raise awareness and ensure access to mainstream covid-19 support provision for refugees. This funding and service development success demonstrate, in part, the organisation’s strong performance during crisis. RETAS has been able to adapt and respond effectively to meet the growing multiple and complex needs of asylum seekers and refugees that access our service, demonstrating organisational resilience.

Overall, the team togetherness, resourcefulness, care, and passion for supporting clients were and continue to be our core assets as we deliver our operational and strategic goals.

The effects of the Covid pandemic, the cost-of-living crisis, the violent conflicts in Ukraine, Middle East and Africa vis-à-vis the government’s new border and immigration act 2022 etc constitute key challenges that will affect refugees and RETAS service provision in 2022/23.

Building on our resilience in 2021 RETAS has maintained a positive environment and performance so far in 2022.

What we achieved

3808 Asylum seekers & refugees accessed RETAS Drop-in service

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147 refugees supported on
resettlement program
23 new arrivals in 2021
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272 refugees assisted with higher education and employability support under our NEW ROOTS project

10.800 advice & support sessions delivered by RETAS team to asylum seekers & refugees in 2021/22

5

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

306 refugees & asylum seekers accessed RETAS Adult Community Learning courses.

236 completed giving an achievement rate of 77%. Most learners started the courses with no or very little knowledge of English.

370 newly granted refugees received support from

RETAS 28 Day Transition Project- The project aims to prevent destitution when asylum support ends and provide support towards effective integration.

140 refugees including families

supported with hardship/crisis support in the form of food vouchers to help combat child poverty & destitution.

33 Volunteers joined RETAS, 23 received employability support, 8 volunteers

successfully secured university admissions, 6 volunteers became RETAS employees through RETAS Volunteer Academy pathway, 14 volunteers in total have gained employment supported by RETAS Volunteer Academy. Volunteer engagement in 2021 was

75%

6

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

STRONG PARTNERSHIPS

‘’It has been great working with RETAS on Refugee Family reunion. RETAS & PAFRAS have developed a strong working relationship which is of great benefit to people looking to reunited with loved ones they were forced to leave behind.’’ CEO, PAFRAS

RETAS SERVICE PROVISION SNAPSHOT 2021/22

l 28 Days Transition Project: In 2021, RETAS secured a new 2-year funding from the National Lottery Community fund which commenced in January 2022. It is a strong endorsement of our flagship program for refugee integration, and it is the organisation’s ambition to sustain this provision beyond its current funding. RETAS continues to work collaborative with communities and local agencies to prevent destitution and ensure effective integration of refugees in West Yorkshire.

l New Roots: RETAS continues to expand offer long term integration support for refugees including Afghan refugees. In 2021, we enhanced advocacy provision to help refugees navigate systemic barriers and ensure equity access to mainstream provision and integration. This specialist support has led to more and better access to education, housing, employment, welfare, healthcare for refugees who otherwise would have been excluded.

l UK Resettlement Scheme: RETAS continues to be a delivery partner of the UK Resettlement Scheme formerly known as the Syrian Resettlement Project. Due to the pandemic and developments in Afghanistan and more recently, Ukraine, the UKRS program has seen new arrivals since July 2021. However, RETAS continues support those on the programme whilst also supporting refugees from Afghanistan and Ukraine.

l Volunteering Service: Between March 2021 and April 2022, we recruited 33 new volunteers. We have supported 23 volunteers with employability support, 8 volunteers with getting into university, 6 volunteers have been employed at RETAS, 14 volunteers have gained employment after receiving support through the Volunteer Academy. The disruptions to service delivery due to Covid-19 restrictions has been the most challenging because this had an impact on volunteer engagement. In 2022, we are striving to achieve the Volunteering Quality Mark and build external partnerships to continue enhancing the Volunteer Service and our Volunteer Academy. We have started to target recruitment to elevate the Volunteer Academy through building links with the Universities and businesses in Leeds. In addition, we are aiming to create more training and development opportunities.

7

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

We were able to resolve the two key challenges: capacity and partnership with Leeds city council. Staff levels is now adequate and working relationship with the council has improved.

Community Engagement (SELIM Project, Welcome to Leeds and Bright Dreams).

RETAS has maintained strong community engagement with refugee and local communities through various projects. Together, the projects have enhanced awareness and access to covid-19 support, enabled refugees to feel welcome and integrated in Leeds and offered more opportunities for participation, connecting, changing narratives and perceptions, improving employment prospects and wellbeing.

LOOKING AHEAD

The organisation will continue to prioritise the health, wellbeing and resilience of staff and volunteers .

8

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2022

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 17/11/2022

Robert Gosling (Trustee)

9

RETAS Leeds

Independent examiner's report to the trustees of RETAS Leeds

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 11 to 19.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow 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 fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 accounts to be reached.

Simon Bostrom FCIE

17/11/2022

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

10

RETAS Leeds

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2022

Notes
2022
Unrestricted
funds
£
Income from:
Donations
4,273
Charitable activities
(2)
121,213
Bank interest
41
Total income
125,527
Expenditure on:
Charitable activities
(3)
75,952
Total expenditure
75,952
Net income / (expenditure)
49,575
Transfers between funds
2,754
Net movement in funds
52,329
Fund balances brought forward
357,907
Fund balances carried forward
(4)
410,236		 2022
Restricted
funds
£
-
437,033
-
437,033
431,024
431,024
6,009
(2,754)
3,255
57,906
61,161		 2022
Total
funds
£
4,273
558,246
41
562,560
506,976
506,976
55,584
-
55,584
415,813
471,397		 2021
Total
funds
£
8,154
477,332
206
485,692
448,358
448,358
37,334
-
37,334
378,479
415,813

All incoming resources and resources expended derive from continuing activities.

11

RETAS Leeds

Balance sheet

as at 31 March 2022
2022
Unrestricted
£
Fixed assets
Tangible assets
(5)
9,315
Total fixed assets
9,315
Current assets
Debtors and prepayments
(6)
61,995
Cash at bank and in hand
(7)
340,858
Total current assets
402,853
Current liabilities:
amounts falling due within one year
Accruals
1,932
Total current liabilities
1,932
Net current assets / (liabilities)
400,921
Net assets
410,236
Funds
Unrestricted funds
410,236
Restricted funds
-
Total funds
410,236		 2022
Restricted
£
-
-
143,893
(82,732)
61,161
-
-
61,161
61,161
-
61,161
61,161		 2022
Total
£
9,315
9,315
205,888
258,126
464,014
1,932
1,932
462,082
471,397
410,236
61,161
471,397		 2021
Total
£
2,047
2,047
197,179
217,884
415,063
1,297
1,297
413,766
415,813
357,907
57,906
415,813

For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 17/11/2022

Robert Gosling (Trustee)

12

RETAS Leeds

Statement of cash flows

for the year ended 31 March 2022

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Dividends and interest
Purchase of tangible fixed assets
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Adjustments for:
Depreciation charges
Dividends and interest from investments
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Cash at bank
Total cash and cash equivalents
Reconciliation of net movement in funds to net cash flow
from operating activities
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand		 2022
£
50,803
41
(10,602)
(10,561)
40,242
217,884
258,126
2022
£
55,584
3,335
(41)
(8,709)
634
50,803
2022
£
312
257,814
258,126		 2021
£
123,698
206
(2,730)
(2,524)
121,174
96,710
217,884
2021
£
37,334
963
(206)
88,534
(2,927)
123,698
2021
£
37
217,847
217,884

13

RETAS Leeds Notes to the accounts

for the year ended 31 March 2022

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Computer equipment: over 4 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

14

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2022

2 Charitable activities income
Contracts and service level agreements
LCC Adult education
Wakefield Council
Other contracts and SLAs
Grants
Leeds City Council (LCC)
Big Lottery Fund (BLF)
Refugee Council AMIF programme
Coronavirus Job Retention Scheme (CJRS)
Barrow Cadbury Trust
Refugee Action
Fundraising events
Fee income
3 Charitable activities expenditure
Salaries and NI
(3a)
Freelance staff
Insurance
Printing, stationery, publications and telephone
Repairs and maintenance
Rent and rates
Catering
Travel expenses
Training costs
Subscriptions
Website development and IT support
Sundry expenses
Independent examination
Bank charges
Depreciation		 2022
Unrestricted
funds
£
-
100,913
9,490
9,710
-
-
-
-
-
-
-
1,100
121,213
2022
Unrestricted
funds
£
61,015
2,632
304
2,431
267
3,050
441
245
-
553
-
-
1,500
179
3,335
75,952		 2022
Restricted
funds
£
-
-
-
139,210
58,230
231,500
7,993
100
-
-
-
437,033
2022
Restricted
funds
£
373,669
2,529
606
6,185
2,817
23,800
1,420
1,643
17,775
-
-
580
-
-
-
431,024		 2022
Total
funds
£
100,913
9,490
9,710
139,210
58,230
231,500
7,993
100
-
-
1,100
558,246
2022
Total
funds
£
434,684
5,161
910
8,616
3,084
26,850
1,861
1,888
17,775
553
-
580
1,500
179
3,335
506,976		 2021
Total
funds
£
82,138
7,930
-
77,643
70,593
121,343
73,584
33,775
10,000
126
200
477,332
2021
Total
funds
£
387,291
7,701
862
4,590
729
24,160
132
725
18,950
122
35
980
1,000
118
963
448,358

15

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2022

3a Staff costs and numbers
Gross salaries
Social security costs
Pensions
Payroll administration costs		 2022
£
396,420
26,468
8,612
3,184
434,684		 2021
£
353,572
22,614
8,139
2,967
387,291

The average number of employees during the year was 20.7, being an average of 9.9 full time equivalent (2021: 16.7, 13.4 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme
Costs of the scheme to the charity for the year
4 Restricted funds
Balance b/f
£
LCC Syrian Refugee Programme
6,854
BLF 28 Day Transition Project
17,090
Welcome to Leeds
740
Refugee Council AMIF
-
Barrow Cadbury
18,222
Refugee Action Programme
10,000
Public Health
5,000
HMRC CJRS
-
LCC Bright Dreams
-
57,906		 Incoming
£
137,890
58,230
-
231,500
100
-
-
7,993
1,320
437,033		 Outgoing
£
138,704
37,875
740
220,906
15,209
6,705
2,606
7,993
286
431,024		 2022
£
8,612
Transfers
£
-
-
-
-
(1,954)
-
-
-
(800)
(2,754)		 2021
£
8,139
Balance c/f
£
6,040
37,445
-
10,594
1,159
3,295
2,394
-
234
61,161

Fund name Purpose of restriction

LCC Syrian Refugee Programme BLF 28 Day Transition Project

Welcome to Leeds Refugee Council AMIF Barrow Cadbury

Refugee Action Programme

Public Health

HMRC CJRS LCC Bright Dreams

Full package of support for Syrian refugees arriving in the UK. 28 day transition project: 3 year project delivering a tailored programme of practical support to refugees with newly acquired status.

For the Befriendee activity project.

Funding for the Asylum, Migration and Integration project. To safely reopen its drop-in and ESOL services and increase service delivery via remote services adaptations. The transfer relates to the purchase of assets for the general use of the charity.

To increase the ability to respond and to adapt the services relating to crisis situations.

To support the physical and mental wellbeing of asylum seekers whilst accommodated in Leeds hotels as part of the public health response to Covid-19.

To fund salary costs of furloughed staff.

To purchase sewing machines and provide sewing courses to clients. The transfer relates to the purchase of assets for the general use of the charity.

16

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2022

5
6
**7 **		 Tangible assets
Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Debtors and prepayments
Prepayments
Accrued income
Cash at bank and in hand
Cash at bank
Cash in hand		 £
3,853
10,602
14,455
1,806
3,335
5,141
9,315
2,047
2022
£
690
205,198
205,888
2022
£
257,814
312
258,126
Computer
equipment		 Total
£
3,853
10,602
14,455
1,806
3,335
5,141
9,315
2,047
2021
£
680
196,499
197,179
2021
£
217,847
37
217,884

8 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £44,112 (previous year:

9 Operating leases

Within one year
In the second to fifth years inclusive
Over five years from the balance sheet date
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2022
£
466
466
-
932		 2021
£
13,065
913
-
13,978

17

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2022

10 Transactions where the charity has acted as an agent
Funds received through the Acts 435 scheme
Funds passed on to individual beneficiaries in accordance with the scheme
Net movement in the year
Balance brought forward
Balance carried forward (excluded from charity balance sheet)		 2022
£
24,009
23,254
755
1,545
2,300		 2021
£
26,019
24,844
1,175
370
1,545

Funds held as agent on behalf of others

The charity is a participant in the Act 435 scheme whereby the charity acts as an advocate and posts requests for help on the Acts 435 website on behalf of its beneficiaries who are in need. Donors visiting the Acts 435 website can give through the website with the aim of the individual people receiving all of the money donated. The charity advocate then contacts the individual and passes the donation on to them.

In this way the charity is acting as agent. The actual donations are made to the registered charity Acts 435, who is eligible to claim gift aid on the donations. This is how that charity funds its operational costs. Consequently the advocate charity (RETAS Leeds) is not able to claim gift aid on the donations.

18

RETAS Leeds

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022

2022
2021
Unrestricted Unrestricted
funds
funds
£
£
Income
Charitable activities
121,213
100,394
Donations
4,273
8,154
Bank interest
41
206
Total income
125,527
108,754
Expenditure
Charitable activities
75,952
22,960
Total expenditure
75,952
22,960
Net income / (expenditure)
49,575
85,794
Transfers between funds
2,754
(11,196)
Net movement in funds
52,329
74,598
Fund balances brought forward
357,907
283,309
Fund balances carried forward
410,236
357,907		 2022
Restricted
funds
£
437,033
-
-
437,033
431,024
431,024
6,009
(2,754)
3,255
57,906
61,161		 2021
Restricted
funds
£
376,938
-
-
376,938
425,398
425,398
(48,460)
11,196
(37,264)
95,170
57,906		 2022
Total
funds
£
558,246
4,273
41
562,560
506,976
506,976
55,584
-
55,584
415,813
471,397		 2021
Total
funds
£
477,332
8,154
206
485,692
448,358
448,358
37,334
-
37,334
378,479
415,813

19