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2023-03-31-accounts

RETAS Leeds

Charity number 1121330

A company limited by guarantee number 06365085

Annual Report and Financial Statements

for the year ended 31 March 2023

Group's logo

RETAS Leeds

Annual Report and Financial Statements for the year ended 31 March 2023

Contents Page
Trustees' report 2 to 11
Examiner's report 12
Statement of financial activities 13
Balance sheet 14
Statement of cash flows 15
Notes to the accounts 16 to 22

Prepared by West Yorkshire Community Accountancy Service CIO

1

RETAS Leeds

Trustees' report for the year ended 31 March 2023

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 resigned 8 Dec 2022 Elizabeth Campbell Michael Baynham Mary Campbell Rawand Ahmed resigned 8 Dec 2022 Gillian Newman Katherine Wyatt resigned 7 April 2022 Susan Waterson appointed 9 Feb 2023 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 limited to a sum not exceeding £10.

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 2023

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.

Achievements and performance

‘Rebuilding Lives’

Overview

RETAS demonstrated tremendous resilience throughout the covid-19 pandemic period. The organisation was agile and adaptable to the challenges it faced in meeting the multiple, complex, and changing needs of its clients. Post- pandemic, the ongoing cost-of-living crisis, ongoing violent conflicts and increasingly challenging migration context is rendering more and more asylum seekers and refugees vulnerable.

As an organisation, in 2023/23, we remained responsive to the needs and aspirations of refugees by consolidating service delivery and developing new pathways and support packages to meet emerging needs as well as address new challenges.

As always, Why , What and How RETAS deliver services couched in kindness, compassion and hope, ensuring that refugees and asylum seekers feel welcome and fully integrated. Ultimately, our mission is to enable refugees and asylum seekers rebuild their lives.

This report offers an overview of our work and key achievements 2022/23. It also captures key challenges, opportunities, and our aspirations.

3

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

4

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

RETAS performance in 2022 is not just captured by the numbers and percentages, more importantly, it is reflected by the stories of real lives that have been impacted. It also reflects in the quality of relationships and partnerships we developed and strengthened with clients, volunteers, partners, local community, and funders resulting in a wide range of positive outcomes. See below a snapshot of our impact.

5

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

THRIVING PARTNERSHIPS

Collaboration and working together is a core value of RETAS. Through collaboration, we ensure inclusion, diversity, quality, and equity of access to service provision for refugees. In this reporting period, we consolidated existing local partnerships with; PAFRAS, LASSN, Path Yorkshire, Migrant Action, Refugee Council, Leeds Refugee Forum, Leeds City Council, Greenbridge Housing, Riverside housing, etc.

RETAS has also develop new strategic and service delivery partnerships including ACTION ASYLUM - A new national charity working collaboratively with our Welcome to Leeds Project.

6

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

RETAS operate a holistic, person-centred, and integrated service delivery model. Clients accessing RETAS are enabled to go on a ‘client-journey’ that allows them to experience the variety of services including; Education, employment, Advice & Advocacy, volunteering, social integration, wellbeing, Practical support and wrap-around support.

New Roots : The new roots program offers support to newly granted and existing refugees. The program has 3 components- ENGAGE- ASPIRE- CONNECT but RETAS delivers just Engage and Aspire. For newly granted refugees, the support provision is aimed at helping individuals transition from asylum support into mainstream activity thereby enabling effective integration- (ENGAGE). For existing refugees, the support provision entails facilitating access to further education and employment- (ASPIRE). Funded by AMIF EU fund/Home Office), the project delivery ends in December 2023. Securing new funding to continue this vital offer is a strategic priority for the organization.

UK Resettlement Scheme : RETAS continues to be a delivery partner of the UK Resettlement Scheme formerly known as the Syrian Resettlement Project. Due to a change in government policy priorities now focused on Afghan and Ukrainian resettlement schemes, the future of the UKRS scheme remains uncertain. RETAS is pursuing clarification from Leeds City Council about the future of the scheme and implications for the organisation.

Volunteering Service

RETAS Volunteer Service is an integral part of the service provision and projects at RETAS. Volunteers are the lifeblood of the organisation and essentially, they contribute to the work carried out by staff and Advisers in a daily basis. We have volunteers from different backgrounds, knowledge, experience and equipped with skills in community interpreting, IT & administrative tasks, communication, employment and education, housing, finance, and welfare support.

7

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

In 2022/2023, RETAS Volunteer Service has recruited 68 volunteers. The volunteers were trained, inducted, and shadowed advisers in one-to-one appointment with clients. Out of the total number of volunteers, 30 received employability support, 8 successfully applied to university, 9 are currently employed at RETAS, 15 gained employments elsewhere. Currently we have a dedicated team of 36 volunteers, with a diverse array of skills, experiences, and backgrounds. 18 languages are spoken by our team of volunteers, and they are from 22 countries.

Welcome to Leeds Project

Asylum seekers face many challenges when they arrive in the UK, including language barriers, cultural differences, and isolation. Welcome To Leeds project provides a welcoming environment and support services for asylum seekers helping them to combat isolation and promote their integration into society. The project encourages community engagement to help asylum seekers feel welcome and included in their local community. This is achieved through volunteering opportunities, community events, and connecting them with local organisations and support networks.

In 2022/2023 Welcome to Leeds Project has supported more than 240 asylum seekers and 25 sessions/events were organised including environment conservation, health and wellbeing sessions, football tournaments, yoga sessions, men walking groups, climbing, social gatherings and community engagement.

Adult Community Learning

Adult Community Learning is RETAS education provision hub offering courses starting from pre-entry level. In 2022/23, ACL provided a learning offer to meet a range of needs and experience. Through the program, we have also delivered courses in developing job seeking skills and preparing to take the theory test for a British driving license.

Integral to service delivery, RETAS have made wide ranging quality improvement requirements to ensure the provision continues to meet agreed standards as the provision is subject to inspection by OFSTED.

With half a term remaining, we are on track to meet and possibly exceed targets and achieve the financial profile for this academic year.

The external context of our work remains difficult and uncertain. The wars in Ukraine, Sudan and other protracted conflicts in the middle east, Asia and Africa combining with increasing global inequalities create conditions for forced migration. Internally, the cost-of-living crisis and increasing immigration hostility exemplified by the new immigration bill and broader anti- migration policies, create a challenging landscape for asylum seekers and refugees.

8

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

These trends are unlikely to change soon. We envisage more forced migration globally and even more demand for RETAS services. Therefore, the relevance and significance of RETAS service provision is even more compelling in the years ahead. This is not just in terms of types of services but more importantly how we support clients and work with others in the refugee and migrant sector and beyond. The organisation continues to adapt and respond proactively to the external and internal environment adhering to its mission of welcoming refugees and enabling effective integration.

Key challenges

Responding to challenges

9

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

Conclusion

RETAS continues to demonstrate strong organizational leadership and capacity to adapt and respond effectively to internal and external challenges thereby consistently providing high quality services to refugees and asylum seekers. This report also captures the organisation’s ability to consolidate existing services whilst developing new services.

Most importantly, the organisation is enabling refugees and asylum seekers to feel welcome and rebuild their lives supported by a passionate and dedicated team.

Financial review

The net income for the year was £29,061, including net income of £2,024 on unrestricted funds and net income of £27,037 on restricted funds.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £403,793.

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 £586,000, this would equate to a lower limit of £147,000 and an upper limit of £293,000.

The trustees have agreed a policy to generally maintain reserves at between 3 months and 6 months ongoing expenditure. However two of our major funding sources, accounting for over 80% of our income, will be coming to an end on in the next two years, one in Dec-23 and the other at a later date, and it is likely that there will be gaps between the current funding expiring and the start of any replacement funding sources. As a prudent measure the trustees agreed to build up an increased level of reserves over the last few years, to support the continued running of our operations at the current level during this funding gap period. This approach will ensure the continuity of our service and financial viability while providing sufficient time to secure the required replacement funding. It is therefore anticipated that the reserves level will fall back to within the expected range over the next 2 years.

10

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2023

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 30 November 2023

Robert Gosling (Trustee)

11

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 2023, which are set out on pages 13 to 22.

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

30 November 2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

12

RETAS Leeds

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2023

Notes
2023
Unrestricted
funds
£
Income from:
Donations
4,102
Charitable activities
(2)
139,032
Bank interest
1,822
Total income
144,956
Expenditure on:
Charitable activities
(3)
146,782
Total expenditure
146,782
Net income / (expenditure)
(1,826)
Transfers between funds
3,850
Net movement in funds
2,024
Fund balances brought forward
410,236
Fund balances carried forward
(4)
412,260		 2023
Restricted
funds
£
-
442,604
-
442,604
411,717
411,717
30,887
(3,850)
27,037
61,161
88,198		 2023
Total
funds
£
4,102
581,636
1,822
587,560
558,499
558,499
29,061
-
29,061
471,397
500,458		 2022
Total
funds
£
4,273
558,246
41
562,560
506,976
506,976
55,584
-
55,584
415,813
471,397

All incoming resources and resources expended derive from continuing activities.

13

RETAS Leeds

Balance sheet

as at 31 March 2023
2023
Unrestricted
£
Fixed assets
Tangible assets
(5)
8,467
Total fixed assets
8,467
Current assets
Debtors and prepayments
(6)
38,992
Cash at bank and in hand
(7)
366,691
Total current assets
405,683
Current liabilities:
amounts falling due within one year
Accruals
1,890
Total current liabilities
1,890
Net current assets / (liabilities)
403,793
Net assets
412,260
Funds
Unrestricted funds
412,260
Restricted funds
-
Total funds
412,260		 2023
Restricted
£
-
-
188,049
(99,851)
88,198
-
-
88,198
88,198
-
88,198
88,198		 2023
Total
£
8,467
8,467
227,041
266,840
493,881
1,890
1,890
491,991
500,458
412,260
88,198
500,458		 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

For the year ending 31 March 2023 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 are 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 30 November 2023

Robert Gosling (Trustee)

14

RETAS Leeds

Statement of cash flows

for the year ended 31 March 2023

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Bank interest
Purchase of tangible fixed assets (excluding donated 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
Bank interest
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Notice deposits (less than 30 days)
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		 2023
£
10,742
1,822
(3,850)
(2,028)
8,714
258,126
266,840
2023
£
29,061
4,698
(1,822)
(21,153)
(42)
10,742
2023
£
62
266,778
266,840		 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

15

RETAS Leeds

Notes to the accounts

for the year ended 31 March 2023

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, if 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.

16

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2023

2 Charitable activities income
Contracts and service level agreements
LCC Adult education
Wakefield Council
Action Asylum
Grants for charitable activities
Leeds City Council (LCC)
Big Lottery Fund (BLF)
Refugee Council AMIF programme
Coronavirus Job Retention Scheme (CJRS)
Barrow Cadbury Trust
Leeds Community Foundation (LCF)
Santander UK Foundation Ltd
Volition - Leeds
Fee income
3a Support costs
Support cost type
Management and admin salaries
Independent examination
Bank charges
Payroll fees
Memberships and subscriptions		 2023
Unrestricted
funds
£
-
117,037
7,004
13,822
-
-
-
-
-
-
-
-
1,169
139,032		 2023
Restricted
funds
£
-
-
-
88,240
-
280,127
-
-
10,000
59,036
5,201
-
442,604		 2023
Total
funds
£
117,037
7,004
13,822
88,240
280,127
-
-
10,000
59,036
5,201
1,169
581,636
2023
Total
cost
£
119,690
2190
197
3153
595
125,825		 2022
Total
funds
£
100,913
9,490
9,710
139,210
58,230
231,500
7,993
100
-
-
-
1,100
558,246
2022
Total
cost
£
109,270
1500
179
3184
553
114,686

17

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2023

3b Charitable activities expenditure detail
Salaries and NI
(8c)
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
3c Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions
Payroll administration costs		 2023
Unrestricted
funds
£
85,523
15,707
955
4,291
168
24,965
1,634
5,371
201
595
-
287
2,190
197
4,698
146,782		 2023
Restricted
funds
£
364,024
53
-
9,193
35
14,477
108
3,033
20,794
-
-
-
-
-
-
411,717		 2023
Total
cost
£
449,547
15,760
955
13,484
203
39,442
1,742
8,404
20,995
595
-
287
2,190
197
4,698
558,499
2023
£
409,050
32,839
(5,000)
9,505
3,153
449,547		 2022
Total
cost
£
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
2022
£
396,420
30,468
(4,000)
8,612
3,184
434,684

The average number of employees during the year was 21.1, being an average of 14.6 full time equivalent (2022: 20.7, 11.4 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2023 2022
£ £
Costs of the scheme to the charity for the year 9,505 8,612

18

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2023

4 Restricted funds
Balance b/f
£
Barrow Cadbury Trust
1,159
Big Lottery Fund
37,445
LCF Together for Ukraine
-
Refugee Council - New Roots
10,594
Public Health
2,394
Refugee Action Program
3,295
Santander UK Foundation Ltd
-
LCC Syrian Refugee Programme
6,040
Volition - Leeds
-
LCC Bright Dreams
234
61,161		 Incoming
£
-
-
10,000
280,127
-
-
59,036
88,240
5,201
-
442,604		 Outgoing
£
1,159
20,413
3,271
290,247
2,394
3,295
-
90,938
-
-
411,717		 Transfers
£
-
-
-
-
-
-
(3,850)
-
-
-
(3,850)		 Balance c/f
£
-
17,032
6,729
474
-
-
55,186
3,342
5,201
234
88,198

Fund name Purpose of restriction

Barrow Cadbury Trust

Big Lottery Fund

LCF Together for Ukraine

Refugee Council - New Roots Public Health

Refugee Action Program

Santander UK Foundation Ltd

LCC Syrian Refugee Programme Volition - Leeds

LCC Bright Dreams

To safely reopen its drop-in and ESOL services and increase service delivery via remote services adaptations.

28 day transition project: 3 year project delivering a tailored programme of practical support to refugees with newly acquired status.

Providing a welcoming service to newly arrived Ukrainian asylum seekers an refugees in Leeds.

Funding for the Asylum, Migration and Integration project. 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 increase the ability to respond and to adapt the services relating to crisis situations.

Project aiming to reduce the digital gap for clients through increasing depth and range of courses, workshops, and interventions available to help individuals to develop their ICT proficiency. The transfer relates to the purchase of fixed assets - laptops for use by clients.

Full package of support for Syrian refugees arriving in the UK. To support asylum seekers with a particular focus on promoting community well-being through meaningful conversations, activities and workshops.

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.

19

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2023

5
6
**7 **		 Tangible assets
Cost
At 1 April 2022
Additions
Disposals
At 31 March 2023
Depreciation
At 1 April 2022
Depn reversed re. disposals
Charge for year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
Cash at bank and in hand
Cash at bank
Cash in hand		 £
14,456
3,850
(800)
17,506
5,141
(200)
4,098
9,039
8,467
9,315
2023
£
-
794
226,247
-
227,041
2023
£
266,778
62
266,840
Computer
equipment		 Total
£
14,456
3,850
(800)
17,506
5,141
(200)
4,098
9,039
8,467
9,315
2022
£
690
205,198
205,888
2022
£
257,814
312
258,126

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 £49,555 (previous year: £44,112).

20

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2023

9 Operating leases

Within one year
In the second to fifth years inclusive
Over five years from the balance sheet date
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)
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2023
£
466
-
-
466
2022
£
35,716
37,011
(1,295)
2,300
1,005		 2022
£
466
466
-
932
2022
£
24,009
23,254
755
1,545
2,300

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.

21

RETAS Leeds

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023

2023
2022
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations
4,102
4,273
Charitable activities
139,032
121,213
Bank interest
1,822
41
Total income
144,956
125,527
Expenditure
Charitable activities
146,782
75,952
Total expenditure
146,782
75,952
Net income / (expenditure)
(1,826)
49,575
Transfers between funds
3,850
2,754
Net movement in funds
2,024
52,329
Fund balances brought forward
410,236
357,907
Fund balances carried forward
412,260
410,236		 2023
Restricted
funds
£
-
442,604
-
442,604
411,717
411,717
30,887
(3,850)
27,037
61,161
88,198		 2022
Restricted
funds
£
437,033
437,033
431,024
431,024
6,009
(2,754)
3,255
57,906
61,161		 2023
Total
funds
£
4,102
581,636
1,822
587,560
558,499
558,499
29,061
-
29,061
471,397
500,458		 2022
Total
funds
£
4,273
558,246
41
562,560
506,976
506,976
55,584
-
55,584
415,813
471,397

22