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← Turning The Tide, UK

2024-08-31-accounts

Turning the Tide, UK

DIRECTORS' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2024

Company No. 6357631 Charity No. 1122935

Page 1

Turning the Tide, UK

DIRECTORS' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2024

CHARITY INFORMATION

Turning the Tide, UK is a company limited by guarantee which was incorporated on 31st August 2007.

DIRECTORS / TRUSTEES

E J Bebb Appointed 31st August 2007 R J Bebb Reappointed 1st September 2016 J C Groves Appointed 2nd December 2015 C A Stoker Appointed 31st August 2007 P P Thomasoo Appointed 27th June 2024 J M Thomasoo Appointed 27th June 2024

CHARITY NUMBER

1122935

CHARITY ADDRESS

36 Colbourne Road Hove East Sussex BN3 1TB

BANKERS

Lloyds Bank Hove Town Hall Branch 74 - 78 Church Road Hove East Sussex BN3 2EE

Appointment of new Directors - Policy

Directors are appointed in line with the rules contained in the Memorandum and Articles of Association of the company and they must be in full agreement with the aims and objectives of the charity. Due regard is taken of any experience gained with other charities and any specialist skills that may enhance the contribution to the charity.

A DBS check is mandatory and all Directors must sign a declaration which includes a conflict of interest clause.

Induction of new Directors - Policy

New Directors are supplied with the charity's Induction Pack and referred to the information published by the Charity Commission on the responsibilities and expectations of those appointed to charity work. Latest accounts and statutory information are provided and whatever time the new appointee requires with other Directors or senior managers is made available.

Directors are required to undertake training as and when the need arises in order to ensure that they are up to date with the legal requirements of the role.

Page 2

Turning the Tide, UK

DIRECTORS' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2024

CONTENTS
Page
Directors' Report 3 - 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11 - 13

Page 3

Turning the Tide, UK

DIRECTORS' REPORT FOR THE YEAR ENDED 31st AUGUST 2024

The Trustees who are also Directors of the charitable company for the purposes of the Companies Act present their report together with the financial statements for the above year.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Charities Act 1993 and the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities 2005.

OBJECTS AND POLICIES

The charitable company is a non-governmental, non-political organisation which was formed on 31st August 2007.

The Articles of Association of the company define the objectives as being: - to advance the Christian faith in accordance with the Statement of Beliefs in such ways and in such parts of Brighton and Hove, the United Kingdom and the world, as the Trustees from time to time may think fit;

The Accounting policies adopted in furtherance of these objects are set out in note 1 to the accounts and there has been no change in these during the year.

ORGANISATIONAL STRUCTURE

The charitable company is based in Brighton and Hove and works mainly in that catchment area and in West Sussex.

The charity is governed by the Directors / Trustees, supported by the company secretary. It's workers currently comprise two paid employees and 12-15 volunteers.

The charity works in partnership with local churches, organisations and individuals, and has received referrals of families to it's care from a variety of organisations and agencies.

DIRECTORS / TRUSTEES

The Directors in office during the year and at the date of this report are detailed on page 1, and are Trustees for the purposes of Charity legislation.

MAIN ACTIVITIES AND AIMS

The main activity of the charity during the year has been the continuation and development of it's main project, 'TREASURE'.

General

The charity aims to help families, children and young people, in particular through its TREASURE project, in the following ways:

The specific outcomes sought include encouraging everyone and teaching them that they are much loved.

Page 4

DIRECTORS' REPORT (Continued) FOR THE YEAR ENDED 31st AUGUST 2024

Turning the Tide, UK

MAIN ACTIVITIES AND AIMS (Continued)

The advancement of the Christian faith

The charity and its workers seek to live out their faith consistently through their actions, words and activities.

The furtherance of Christian education

The charity aims to demonstrate the Christian faith and encourages people, especially the young, to live a lifestyle aligned with the Christian values they are being shown.

Further information

A fuller description of how the charity seeks to serve families and the young especially, how it operates and the projects it undertakes is available on it's website at www.turning-the-tide.com.

HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT

Within its activities the charity arranges residential events ('TREASURE Weekends Away') aimed at helping and encouraging families with school-aged children, as well as providing pastoral support to those families between the events. Most of the parents are single mothers and some are referred to the charity by other agencies.

Issues represented in the families supported include special educational needs (such as autism and ADHD), racial discrimination, mental health challenges and histories of domestic violence. These circumstances have impacted parents and children negatively; the team seek to encourage all the individuals, which very often results in a stronger sense of identity, increased self-esteem and greater confidence.

Written feedback from the families is consistently very positive; the respite provided by the events and the support given by the charity have been described as invaluable.

Families are asked to contribute towards the costs of the residential events, including the accommodation and the catering, on a 'pay what you can afford' basis. Fundraising activities are carried out by the charity to cover the shortfall and financial support is thus given to each family as required. The events are publicised locally and online and any family with school-aged children would be welcome to come to enjoy a fully catered break in a beautiful setting.

During our TREASURE events, whilst we do not seek to promote religion or a specific church, short, accessible and age-appropriate meetings are held in which there is Christian input. There is an identifiable benefit to the families from being shown Biblical values and also in giving the opportunity for members of the public to be involved and helped in ‘divine worship’. Families coming to our events all benefit and their individual networks are also widened, strengthened and encouraged. This benefits the wider society; the reduction in social isolation, leading to improved cohesion within society, are good examples of the public benefit derived.

It is widely recognised that all the activities the charity provides and participation in them by families, children and young people, bring these significant benefits to society. It isn’t always possible to quantify these benefits but, nevertheless, the benefits can be ‘recognised, identified, defined and / or described’.

MAIN ACHIEVEMENTS OF THE CHARITY DURING THE YEAR

The charity has been successful in delivering both the TREASURE weekends away planned for the year. Each event has been full to capacity and the families helped have all provided very positive feedback. These events and the pastoral care delivered by the charity's staff and volunteers have significantly helped and encouraged all the single parents and their children.

These achievements have also benefitted the wider society as a whole, for example by improving mental health, by reducing the isolation felt by all of the beneficiaries and by increasing their sense of inclusion in society.

The Directors believe the charity has continued to meet most of the objectives that have been set.

Page 5

Turning the Tide, UK

DIRECTORS' REPORT (Continued) FOR THE YEAR ENDED 31st AUGUST 2024

FINANCIAL RESULTS

There was an unrestricted deficit of £4,702 for the year which has been carried forward to the following period. The Directors consider this to be a timing issue as the necessary funds to correct the situation were received shortly after date; they believe the results in these accounts to be satisfactory and that the company continues to be well-placed for the future.

FINANCIAL REVIEW

The total income for the year of £35,100 was marginally up on the previous year (£34,783) and the highest ever for the charity. The total expenditure of £39,863 (previous year £33,788) includes the accrual of two months' salaries that remained unpaid at the year end. The net outgoing resources totalled £4,763 which resulted in a negative year end balance on the balance sheet of £3,274. The Directors consider the charity's financial position at 31st August 2024 to be satisfactory.

RESERVES POLICY

The Directors believe that it would be desirable to have a working reserve equivalent to three months' expenditure in order to sustain the projects it carries out, whilst noting this isn't always possible. This policy is reviewed regularly and all efforts are being made to achieve this working reserve. At the present time funds are utilised as they become available and the total Reserves of the charity at 31st August 2024 were £3,274 overdrawn.

FUTURE ACTIVITES AND POTENTIAL FINANCIAL IMPACT

The charity's activities have been continued for 20 years and the TREASURE project since 2012, as a faith mission. This longevity, which includes the successful navigation of the recent pandemic, gives confidence for the future.

The current intention is for the activities of the charity to be continued and if possible expanded; there is considerable potential for the TREASURE project to be offered to many more families but this will necessitate more paid staff and volunteers. There is also the possibility of a partnership between the charity and at least one other organisation to help achieve this desired expansion. Work in these areas has started already, together with the necessary fundraising efforts.

GOING CONCERN STATEMENT

The Trustees consider that it is appropriate to prepare the financial statements on a going concern basis. The going concern assumption is based on:

Being a very small charity, with one major project, the cash flows are relatively easy to manage; The charity has never had any significant cash flow difficulties and always been able to settle all its debts; At times the payment of salaries has had to be delayed but the two employees, who are also Trustees of the charity, have been in a position to accept this late payment, as part of their commitment to the charity and it's work;

Considerable efforts are being made to ensure additional funding is obtained, including communicating with all our supporters to encourage their prayers and any prayerful giving, together with redoubling our efforts with fundraising, especially identifying and making grant applications. As part of this, new funders have been identified and the finances of the charity have been more healthy through 24/25 so far; The charity has been named in a previous supporter's will and expects to receive a significant legacy, amounting to up to a whole year's expenditure at current levels. The timing of the receipt of these funds is as yet unknown but the Trustees have been advised it should be imminent.

As a result of all the above, the Trustees consider the going concern basis to be appropriate.

Page 6

DIRECTORS' REPORT (Continued) FOR THE YEAR ENDED 31st AUGUST 2024

Turning the Tide, UK

VOLUNTARY HELP AND GIFTS IN KIND

The Directors are very grateful for the generous giving of the charity's supporters both in terms of finances and of time given voluntarily. The charitable company would not function without the contributions of its supporters.

INVESTMENT POLICY

The Directors have power to make investments as they see fit. All funds are used / allocated as they become available however, so that to date there have been minimal opportunities for investment.

RISK MANAGEMENT

The Directors are confident that risks are kept to a minimum through strict financial control with regular and annual reviews. They consider that the main risk to the company would be a reduction in the number of supporters / funders or in their ability or desire to give. Whilst there are from time to time cash flow shortages, the charity's main project, TREASURE, has always been attractive both to donors and fund making charities (many of whom become repeat funders) and hence the charity's operations are consistently fundable. This risk is managed through regular reporting of giving trends and active development and communication of the growing vision of the charity, including through funding applications. To date support has continued to grow and the Directors are confident that this trend will continue.

STATEMENT OF THE RESPONSIBILITIES

The Trustees (who are also the Directors of Turning the Tide, UK for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

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

Page 7

Turning the Tide, UK

DIRECTORS' REPORT (Continued) FOR THE YEAR ENDED 31st AUGUST 2024

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

This annual report was approved by the Trustees of the charity and signed on its behalf:

On: 22/05/2025

By:

Print name:

C A Stoker

Page 8

Turning the Tide, UK

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2024

I report to the charity Trustees on my examination of the accounts of Turning the Tide, UK for the year ended 31st August 2024.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s Trustees of Turning the Tide, UK (who are also the Directors of the company 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 Turning the Tide, UK are not required to be audited for this year 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 2011 (“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

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

• accounting records were not kept in respect of Turning the Tide, UK as required by section 386 of the Companies Act 2006; or

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or

• the accounts 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 accounts 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 accounts to be reached.

Signed : Zita Derbak

Date : 22/5/2025

Zita Derbak MAAT AATQB Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF

Page 9

Turning the Tide, UK

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st AUGUST 2024

Note
Incoming resources
Donations and grants
3
From activities to further the charity's objects
TREASURE events
4
From activities to generate funds
Investment income
Total incoming resources
Resources expended
To further the charity's objects
Operating costs
5
Governance
6
Total resources expended
Net incoming / (outgoing) resources before transfers
Transfers between funds
Net incoming / (outgoing) resources after transfers
Balances brought forward
Balances carried forward		 2024 Total
£
25,113
9,967
20
35,100
39,269
594
39,863
-4,763
-
-4,763
1,489
-3,274		 2023
Total
£
24,246
10,522
15
Desig-
nated
fund
£
-
9,967
-
9,967
10,028
-
10,028
-61
-
-61
1,568
1,507		 Unres-
tricted
funds
£
25,113
-
20
25,133
29,241
594
29,835
-4,702
-
-4,702
-79
-4,781
34,783
33,278
510
33,788
995
-
995
494
1,489

There were no recognised gains or losses for the year other than those included in the above Statement of Financial Activities.

The notes on pages 11 to 13 form part of these financial statements.

Page 10

Turning the Tide, UK

BALANCE SHEET AS AT 31st AUGUST 2024

BALANCE SHEET
AS AT 31st AUGUST 2024
Note
£
£
Fixed assets
Tangible fixed assets
8
-
Current assets
Stocks
-
Debtors
9
1,199
Cash at bank and in hand
631
1,830
Creditors: Amounts falling due within one year
10
5,104
Net current assets / (liabilities)
-3,274
-3,274
Creditors: Amounts falling due after more than one year
-
Net assets / (liabilities)
-3,274
Financed by:
Restricted funds
11
-
Designated fund - TREASURE events
11
1,507
Unrestricted funds - General Fund
11
-4,781
-3,274
2024		 2023
£
£
-
-
1,688
1,079
2,767
1,278
1,489
1,489
-
1,489
-
1,568
-79
1,489
1,489
-
1,489
-
1,568
-79
1,489

The notes on pages 11 to 13 form part of these financial statements.

For the financial year ended 31st August 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The financial statements on pages 9 to 13 were approved by the Trustees and authorised for issue:

On:

22/05/2025

By:

Print name:

E J Bebb

Page 11

Turning the Tide, UK

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2024

1. Charity Status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

2. Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

a. Statement of Compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Turning the Tide, UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The value of services provided by volunteers has not been allowed for.

However the company has no fixed assets at this time.

Page 12

Turning the Tide, UK

NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 31st AUGUST 2024

3. Donations and similar incoming resources

3.
Donations and similar incoming resources
Desig-
nated
£
Donations from supporters
-
Grants from trusts
-
Legacy
-
-
4.
Income from activities in furtherance
of the charity's objectives
Desig-
nated
£
TREASURE events
9,967
9,967
5.
Cost of activities in furtherance
of the charity's objectives
Desig-
nated
£
Costs of TREASURE events, excluding Staff costs allocation
7,228
Staff costs
2,800
Premises costs
-
Travel
-
Courses, conferences and meetings
-
Postage, stationery and office supplies
-
Subscriptions
-
Insurance and miscellaneous costs
-
Donations
-
10,028		 2024 Total
£
5,599
18,500
1,014
25,113
Total
£
9,967
9,967
Total
£
7,228
28,195
301
544
486
869
497
738
411
39,269		 2023
Total
£
4,346
19,900
-
Desig-
nated
£
-
-
-
-		 Unres-
tricted
£
5,599
18,500
1,014
25,113
2024
24,246
2023
Total
£
10,522
Desig-
nated
£
9,967
9,967		 Unres-
tricted
£
-
-
2024
10,522
2023
Total
£
5,679
24,084
355
506
444
594
499
721
396
Unres-
tricted
£
-
25,395
301
544
486
869
497
738
411
29,241
33,278

Staff costs - please see Notes 7 and 10 for further details. £1,400 was contributed to each salary, in total £2,800, from the Designated TREASURE fund.

6.
Governance costs
Accountancy		 2024 Total
£
594		 2023
Total
£
510
Desig-
nated
£
-		 Unres-
tricted
£
594

7. Directors and related parties

The following Directors received salary payments during the year as follows: The following Directors received salary payments during the year as follows:
- E J Bebb £18,290
- R J Bebb £9,905

These totals represent fair value for services provided to the company.

In addition E J Bebb received re-imbursement of expenses incurred totalling £2,544.

Donations from The Rosaz Charity totalling £10,000 were received in the year; C A Stoker is a trustee of both charities. Donations from Robertson Hall Trust totalling £4,000 were received in the year; J C Groves is a trustee of both charities.

Page 13

Turning the Tide, UK

NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 31st AUGUST 2024

8. Fixed assets

The company had no fixed assets during the year.

9. Debtors

9.
Debtors
Tax recoverable
Prepaid deposits on events
10.
Creditors: Amounts falling due within one year
Other creditors
Accruals		 2024
£
299
900
1,199
2024
£
110
4,994
5,104		 2023
£
338
1,350
1,688
2023
£
178
1,100
1,278

11. Restricted funds analysis and movement of funds

Restricted funds
Designated fund
TREASURE events
Unrestricted funds
General fund
Total funds		 2023
Brought
Forward
£
-
1,568
-79
1,489		 Income
£
-
9,967
25,133
35,100		 Expenses
£
-
10,028
29,835
39,863		 Transfers
£
-
-
-
-		 2024
Carried
Forward
£
-
1,507
-4,781
-3,274

12. Capital commitments

There were no capital commitments at the year end.

13. Post balance sheet events

There are no significant events to report.

14. Controlling party

The company is controlled by the Directors.