REGISTERED COMPANY NUMBEIL. fJ6807567 (Ellglaryd W4les} REGISTERED CHARrrY NUMBER: 1128848 rtof Statrments 28Fe 2022 Ltves Ltd 65 London Wall London Ef2M STU
Ltd Cont¢nts of the FinwKi41 Statements for the Year En Feb 202 R¢f¢r¢te and Adminisir*ive Detsils Report of th¢ Tnjstees statEnllt of Tte¢4 Responsibilities Independent Examinerfs Rewrt Statement of FitMn¢iaJ Aoivities Balance Sheet 10 Notes lo the Financial Ststements 11 to 17 Detaild StstenKnt of Financial Activities
Lives Reftr¢n and Administrattve Detsil for the Y¢ar End Feb TRL'STEES V S Ikydeckerlchair) M Atrtl-smith A Dani NJCGando PG1b A W Mar5h811 (8pp)inted 10.10.21) R P Mills D Pyl¢ M Veldon REGISTERED OFFICE Flat S 69 Onslow Squtre L[dOn SW7 3LS REGISTERED COMPANY UMBER 06807567 (England and Wales) REGISTERED CHARrrY NUMBER 1128848 INDEPENDEKf EXAMINER Ev¢rgree 65 IA)ndon WaIl London EC2M STU SOLICIT¥)RS Fleet Place House 2 Place Holb)rn Viaduct EC4M 7RF BANKERS Arbuthnot House 7 Wilson Street London EC2M 2SN
cstart Lives Ltd Re f the Tn1¢¢5 f rtheYearE 28 Feb The tru8tc£s who are also d]rr5 of the charity for the PWFM)ses of the Companies Act 2LN)6, prt their report with the fiTwi¢iai statements of the charity for the year ended 28 Febnwy 2022. The trustees have adopted the provisions of Accountin¥ and Reportkns by Charities.. StatemeTrt of Recornmended Practice wlieable to charities prepgring their accounts in aceordan¢e with the FiDth¢ial R¢porting Standard 8pplicabl¢ in the UK aThJ RepubliG of Ireland (FRS 102) (effective l January 2019). 0EC[vEs AND ACTMTIES Objectives ATJN$ Restart L¥vr5 Ltd (commonly known 85 RESTART} registered with the Charity Commission in March 2009 (Charity no. 1128848). Driven by Christian v31ues and generously SUPTX)rted by over 180 Volun[4 w¢ support curT¢nt a[ horncle people in London. RESTART is a largely volunteer-run charity that seeks to relieve poverty amon8St current and fomw homeless thd Ion8-terni umployed men 4t Wome irrespective of their g¢nder. etIleIty or faith. The Chgrity's governing dc¢Ut e5tsblishes the fvity's iijjects &8 follows.. a) Th¢ relief of w)verty through the provision of hou5Èng ajkl th aroenities and services; b) The advancement of education World-nde on issu&$ relating to VertY, ciiizenship and ¢0Mnllty d¢v¢lOpt. 8ThJ c) Furtherance of the clIable of the Charity by the advancelnent of such other charitsble purpose5 #s thE TrteeS Shall from time to time decide.
start Liv rtof e TnLsÈees for the Year Ended 28 Feb 2022 OWECTIVES AND ACllVITILS Slgllificant actAviti¢s Our overriding goal is to help Lknrylon's IM)n]eltss tKeak the wle of homdesst5s and dwiT. mtsve from the Str¢¢ts. confront the tssues ob5trneting their fue end return to as empowffe41 resiliwrt human b¢ing5- PTefe]7bly in employment and living independently in their owi Ine$. Operating frotn the base of SL Columba's Chuwh in Knightsbn.d and with offices in s]K)r¢dItc we support our "guests" 14s w¢ always refer to thos¢ whom work) through our REGAfN prOgrarn which ain to help %sts from across lldOn tr> regain their lives by overeoming the baniers that IK>ld them back an¢ ftir those for whom this is rrdlistic, tImatelY by progre&8in8 into OT into re8ular. ¢ottthiitsJ volunte¢rin8 and srfurin8 a home of their owtL We provide.. - a weeHy dropin at St. Columba's chUh in 1¢h we offer foo¢ onergency aid, 8en¢ra] support and a 1MIng. nOTrjud8Ment cotntnuThity; . e$S to counselling and psych. to temporary aCc(Mn and to pusona] mentoring" a work.readiness programme and referrdls into trainin& apprenticeships and - 5UPPOrt in accessing pemwient housing; and - orjce a guest is in work and living their honK an opp(rnity to voluotett at weekly dropin orelse 8 mentor. The REOAIN programn h&$ evolv¢d year on year sin the charity w&8 fouM1 in 2011. Initially we delivered only a we¢kly dropin offering a welcoming comJnunity. advice and a hot Sinee therL our activities have been strategically developAI Under the umbrella of the REGAtN progr Und¢rpItln8 the pr{Wamn'S deY¢lopmem are COnVilOn5 thaL' - the provision of f1 tempor8ry 5heher is ao Amportant startin8 poith in me¢iing blC needs but its¢lf it will not cre4t¢ traAsfom7abonal chan8e; . any effective response to hom¢lessne&8 address root eaw {Th)t jwst symptonts) by seektng to addre mental health igsues and to pronM)te positive wellbeing., for many homeless and women l¢)ng4emi sth%tainable employment is the Optim route towards leadin8 a fulfilling. independent life. while for thosc for whom ernployttnt is noi yet realistic a commitment to Yolunteer on a regular b8Si5 and be a constructive WDtributor to sxiety is 8150 a positive aj fvlfilling developm¢nL' - there is far too much duplication alld inefficiew across the horneless sector; and - rf dynamic impact 15 t(F b¢ made. we rn1 work collaboratively and str4tegicaily with other Iiktrmlnd orsani5ations detem)irted to deliver dynarnic change. Led by our prof¢&sional team ond supported by voluntm ow REGAtN program is delIvej with support from prof¢5sional psychotherdpists and counsellor& from Si. Columba's Church In Knightsbrid8a from other churches. faith groups ar so¢ially4riven OWdnisatiort4 other lo knmele55 ch8rities (including Bus¢s 4 Home1¢$5, Gl&8s Door and St. Cuthbert's Centre ch¢15 & KeASiWts). Tr program offers a stntUrcd pathway along which guests ean progr¢5s in their endeavour5 10 lead a fulfillin& Independe life awdy from IKJm¢le5snes Publit benefit The TnJste¢s have referrcd to the lda¢¢ offered by the Clwity Conmiission in reviewing ain and objeetives and in planning activities. In partiwlar. the TTU5tees Consider TrK)w planned activities wll c<)ntribute th the aims and objectiv¢s ad they ensurc that these a¢tÉvities are carried out for the ptthlir benefit by d¢liverin8 services 4r¢ vaiued by our ]nernb¢r5 and enablr those with r¢spoLsibility in th¢ Sec to develop and adopt best prdctice.
R start Lives Ltd rt of the Trustees for the Y Ended 28 Feb 2022 ACHIEVEMEKf AND PERFORMANCE Charitabl¢ a¢tlvitles Whil¢ th¢ impact of Covid-19 on RESTART'S opuatiorts between March 2021 atyj FeW 2022 not nwly as scvere as irt the previous yw. it nonetheless Continued to have effe¢t A5 4 ¢OnSeqnce of th¢ PaTKlemic. we in¢vitabty losl contart Tth a good numtr¢r of guests Mtho had eitkr drifted away or ¢15¢ moved away from Lortdon. During parts of the year w¢ were required to deliver socially4Jistanced a¢tivitie5 wlu¢h fifv limited the number of guests with whom could fvlly eTtgage. Nonethelw in the 12 rtmmtt between Marth 2021 and Febnw 2022 RESTART Iw%'. Volunle¢rs - sustsined a pool of 100 volunteers including 3540 who volunteer at le once a rnonth either & th¢ Mrekly dropsn. anivor as volunteer b¢fri¢nders and mentors. - renewed OT implemented parnierships with key panners and rEfcrra] agen¢ies, includiE]g.' St. Columba's churc GlassDoor Charity. St Cuthbert's Centre, Buse54Homes 999 Club in Deptr, City HaTvtsL The Junior League, The Prei Foundation. House of St Barnabts. Conrtection CMV. The Beyond F¢)od Foundatio Kensington & Chelsea Volunteer CThelsea L1ix, Only a Pavemenl Away. Change Pleas¢ Radic4] Recruits. Dropin served hot meals and provided wider iEJfiml SUFVOrt tty alMJUt 300 unique iM1TirydU guests on Fridays at St Columba's Church to hn avera8e of 70 a week. T¢mporary Accommodation . supported 9 glltsts ilrto tomp aCComon. cWOrk, Mentorin8 and Cow15¢11in8 - eng&ged with and sUPPOrted 56 individual in EThJividl fa¢ilitating support with tD and b¢n¢fit% IT 5UPPOrt and in signp)lg to other servi . fa¢ilitaied atml fillmled ¢(]11n8 prosraEn f 4 8utsL% aThl - slaIned or established 10 mentoring rel*lot]ps. Work Readine Trninin8 & Employment - engageil 21 individual guESts in Employability trdinkng and oth¢r work-readiness pro¢. 8j - facilitated training and apprenticeships or supporte(I lo guests inio full-time ¢mplovmenL P¢Mnent ACcommjati0n - supported 4 guests into p¢mJaneffl ac£omThtho
ives Ltd rt ofthe for the Year Ended 2022 FINANCIAL REVIEW RESTART recorded of £1 11.850. an increase of £I¢VJ,518 on the rKar br¢4k-even surplu5 of £2,332 for 2020121. Total income increased from £133,240 to £241,835 with the Incre bein8 due lo being able to hold a well-5UPPOrt&l 'Sleep Out, ndrd1$lll event in November 2021 similar to that which fy)ok plaee prpandemIC in Dtternber 2019. This attr4rted individual alld wrporate donatioAs amounting to around £120.0(l). thOUgh (k)wn on th¢ prevÉous year. grant income amounted to nearly £90.000 from a wid¢ ran8e of fund¢rs and rnost of this wa5 unr¢stricted in its use. D¢tsils of graftts receiY¢d are ¢ontatn¢d in Not¢ 2 to the FinanGial St¢rnents on pag¢ 12. OY¢rdll expenditure of £129,985 w&% a simtlar level to the previou5 ye8r with both years. activities impa¢ted sornewhat by Covid-19 restrictions as describeij above. A Full ycar of a sett]d staff organi5ats.on obviated the ne for any fr¢elan¢e manage]nt and athninistrnion resource. Expendibjre h&5 been a]located to trICd fimds reccived during according to the ¢onditiotL% of the granty this included staff development cos being fillmled by a generous individual donation nHde by a tr¢. The suc¢¢ssful fundraising efforf5 during the year have resulted in an hist(Yically high level ofres¢rv¢s of £166,701 that provide longer-temj 5eturity of support for the thrity's ben¢fi¢iwies aThJ provides ¢onfidence to plan for d¢velopments ahea(L &$ Olined below. PLANS FOR THE FUTURÉ As reported above, 2021122 Mys 8 hIty swcfvI year in tenA5 of fiJn¢lraisin& meaning that th¢ dwity has fo itself in a position to invest carefulty in capacity aThl in othtt resour In May 2022. tlr Tnte9 UTKlert(K)k a Strategy Review winciding with the arrival of a new Chair but also with the petiding depath ofthe chity'S Chief Executiv¢. The Outcome of thr Review is in eff¢¢t usine&S as u5uai- but with delivery enhanced by additional staffing capacity and the d¢velopment of new prownmes. Onc¢ the new Chief Executive h&s been ap)Inted and has become familigr th the charity's programmes. their fcus will be on impleTht¥tiort and levera8ing the voluntecrs to irease RESTART'S capacity to deliver the strategy. In the rne4titin. remain fo¢used on achieving similar out¢om¢s to those rtported earlier in thi.s re STRucfuRE. GOVERI¥ANCE AND MANAGEMENr Governing do¢umeDt Registered origina]Iy &5 knell Foundation. Chartty is regi5tera as a charitsble company limited by 8uaTantee (registered number 6807567) and 15 govem¢d by its Memorat)dum and Articles of A$slation. The Charity is regist¢T with the Charity Commission (re8iSt¢red numb¢r 11288481 and was estsbj1sh i)n 2 February 2009 for the rnain purp)se of the wistance of hou%less people. It does not have thare c2pitst. cannot toy dividends and must utilise all its funds to fvfther its ststd Charitable obiettive The Charity has share capitsi. Membets of the Charitsble 8wantee to contribute att am(Mlltt not exceeding £1 each to the a55ets of the Charity in the event of winding up. Recrnltment aDd #ppointmer&t of n¢w trn5te The Bowd of Tntte5 &5 a bJY th¢ power kn appoint new Trslees. There rnt a miniw of three at any one time in line with the Articles of Asso¢iAtion. Those served as TrtL$t5 durin8 the year were: Sonya Leydecker (Chair from 28 February 2022) Marina Abel-smith Anand Dani Nicholas Gandon (CThair to 28 Febrw 2022) Peter Gibbons Andr¢w MarslMII- opp)inted 10 oober 2021 Rob¢rt Mi115 David Pyle Jenna Soame Mark Veldon
Lives Ltd rtoftheT rthe d28Fe Oryanlstlonl 5truthire dir¢dion of the clwity and ryifi¢ current Nicola Miller held the 5]tIOn of Chief Exeallive througbout MTorking alongside volulltee Induetlon gAd trithg Df new truste04 InforntIoll about ttwt¢e training an& in the vtew of the TnLSt¢c& Imve enough kth)wledge of their specific field to Tnffjtrf$ tnay claim for reOnab (as by an a8teed NJ11) ID the Cb&titys Equllty ofOpwrtllDIty RESTART is Committed to a p)licy of ¢qual foT cu10YeeS voluntem and to ertsuring within the Rtsk m•DAgement . ¢ff¢¢tive management of guests. mitigated by training for staff and volulltecr5" . r¢t¢nlion of active Volwit nllti8ated by ¢larifying roles aThl eXptio$ and by w*itive ij]aiMge ob]i88tions' . the continued s4Jport of SL ColunthA'S Ch. Mi¢1 by to 8ustsin att trwting relatiothip and to V S Leydecker.
ent of Trustee5' r the Year Ended 28 F bn sibilitie% 202 The trLMttS (who are also direth of Restsn Lives for the pwposes of ¢ompany law) are Tesponsible for pr¢parin8 th¢ Report of the Trusttts and the financial sralements in accordance with applicable law aJ¥l United Kingdorn Accounting Standards (United Kingdom Generally A¢pted Ac¢ountin8 Practice) including Finft¥LCia] lieporting Standard 102 "The Financial RepJrtin8 StAttdard appli¢ablc th¢ UK and Republic of Ire14nd" Company law requires the trustees to prepa fin19] slatwwts for eaeh financial year which 8iv¢ a true and fair view of the state of affairs of the charitable company al of th¢ in¢omin8 r¢sourC and application of resource5, including the income and ¢xp¢nditure. of the charitable conwy fv that pttiod. In pffeNing thos¢ fjnanciat statements, the trust¢es are required to select suitable accoting policies and then apply them coL%ist¢ntiy: observe the methods and principles in the Chariry SORP. make judgements 8j c5tirna$ that are rea9)nable aTKI pr[¢ prepare th¢ financial ststements the goÉn8 ¢0¢M b&sis unlc&s it is inappropriate to preswne that th¢ elwit4bl¢ will continu¢ in business. The trustees ar¢ ffspoTh8ible for keepin8 proper accowlting record8 whith disclos¢ with reasonable aUraCY at any ttme th¢ financial position of the charitable cornpany and to qble them to ensure that the fin2ncial statements comply th¢ Compani¢s Act 2006. They Bre also res)nSible for safeguarding the a&sets of the chaTitsble company and h¢n¢¢ for taking reasonable srteps forthe prevention and detection of fraud and other trre8ularitie5.
d nt EMminerfs Re Restart Lives L the TNstees of llldependertt fxAminer's report to the trustees of Rest8rt lives Ltd {'tbe Compally.) I report to th¢ charity trustees on my exami0 of th¢ accounts of the Company for the year ended 28 February 2022. Re5ponsibllitles and basis of report As the charity's tn¢¢$ of the Company [3j akn its dirthT5 for the purp)w of ComY law) you reSpo81b1¢ for th¢ prePar10Th ofthe accourtts in a¢¢ordance WLth the requireTnents of the Comp&rties Act 2(M)6 (Xhe 2006 Ad). Having satisfied myself that the accounts of the Cornpony are Mi required to be audited under Part 16 of th¢ 21M)6 A and art ¢ligible for ind¢p¢nd¢trt examinatio[4 I reFM)rt in respe¢t of try exarnination of your charity'5 accounts as csnied out under s¢¢tion 145 of the Charities ALt 2011 fthe 2011 A¢V). In eing out my exami0 I have followed the Direciions given by the Charity Commi&8ion uThl¢r section I45(5) (b) of the 2011 A¢¢. IndepeD&ent examillevs $t¥ten*ttt I hav¢ COEnpleted my examinalion. I wnfirm that matter5 have c4)me to my attention in ¢onnection with the exarnination gllvin8 me caus¢ to believe: aOunting records were not kept in respect ofthe Company as requtred by s¢¢¢ion 386 of the 2006 Aci. or the a¢¢ounts do not accord with those records; or the accounts do not comply with th¢ 8¢counting reqUiremts of stttion 396 of the 2006 Act irther than any TequiT¢m¢ni the accounts Bive a true and fair vi¢wwhi¢h is not a Thk4tt¢r ¢oosideffd &8 part of an independent examination- or the accounts have Et been prepard in accordancc with the method5 and wincipl¢s of the StAtement of Recommended Practire for accounting 3TMI reporting by chaFiti¢s (applicable to charities preparing their a¢¢ounts in aceordance with thc Financial Reportiog Standard appliizble in the UK and Republic of Ircland (FRS 102)). be drawn in this P)rt in orderlo eJ]able a proper uDderstsnding of the awounts to be re4ched. Jas Bal FCA Instilute of Chartered A¢¢owitants in England and Walcs Evergreen Chartered Accountants 65 London Wall IA)ndon EC2M STU Ehte. .3.1.1.1.QRQ22........ ..
LÉves Ltd Ststement of Financial Activities for the Y Ended 28 Feb 28.2.22 Totsl 28,2.21 Total rKIs Notes INCOME AND ENDOWMENTS FROM Donatio]LS and lega¢ie5 224,703 17.094 241.797 133.218 Investmem itwme 38 38 22 Tot•1 224,741 17.094 241.835 133.240 EXPENDITURE ON Raising fid5 847 6.847 7.975 Ch8rlt#ble activitles Charitable activities iOS.994 17.144 123.138 122.933 Tot*1 111841 17.144 129,985 130.908 NET INCOlE1{ExPENDrrURE) Ill.9) (50) 111.850 2.332 RECONCILIATION OF FUNDS TotAI futtds brought fomrd 49,931 4.920 54.851 52.519 TOTAL FUNDS CARRIED FORWARD 161.831 4,g70 166,701 54,851 CONTINUING OPERATEONS Pa8¢ 9
Llves 20 28.2.22 Totsl 28.221 Total CURRElYt ssE75 Dcbtots C&sh in Iw li 167.712 4.0 172582 67.324 172.712 4.870 177582 67,324 CREDTfoRS 12 {IOJ81) (10.881) {12.473) 161.831 4.870 166.701 54.851 161331 4.0 166.701 54,851 NET A&SETS 161.831 4.870 166.701 54.851 13 Unrestricted fillKLg 161.831 4.870 49.931 4,920 166.701 54.851 The ¢haritable conwany is entitled to exenyti(m fmm alIt utthr Section 477 of the CoD¥¥anies kn 21M16 for the ye4r ended 28 F¢bnwry 2022. The nymbers have not required the obthin att tilt of its finlA1 for the year emded 28 Febnw 2022 in ace0rdaa Sertion 476 ofthe Cotiynies Act2fJ)6. The trllste&4 acknovAedge their r¢swI]lItieS for (a) ensuring th&t the ¢harAtabE¢ Cotnpw kws a¢ting rccorth that with SwtiOn5 386 aThl 387 of the Companies Act 21x16 ar Ib) preparing fill2101 ststements 7hich give a tn view of the State of affairs of the ch*it&ble ¢oroany at the end of each fillwla1 year and of its swplus or thfi¢it for eacb fiDEncial year in accor with th¢ requirts of S¢ctioDS 394 and 395 atrj vA)ich cornply with the of the Companies A¢t subject lo the sn]all con4Jatiies rewnje. 31..QQ¥OtuC.2O. wetc Si8Ded on its b¢h8lfby' Pa8¢ 10
R tart Livas Ltd Notes Èo the FinatKial Statements for the Year Ended 28 Febru 22 ACCOUNTINC POLICIES Ba8iy of preparing the financlal ststemellts Th¢ financial ststements of the charitable cOmly. which is a public benefit entity wJ(kr FRS 102, have been ptepared in aOrdanCe with the Cljarities SORP (FRS 102) 'Ac¢(yJntin8 and Reporting by Charitie5'. Statement of Recommended Practice appli¢able to charities prepAring their accounts in accordance with the Financial Rep)rttng Standard applicable io the UK ar Republi¢ of Ireland (FRS 102) [efftiVt l January 2019)., Financial R¢p)rting Standard 102 Financial R4x)rtin8 Stsndard applicable in the UK and Republkc of Jreland, and th¢ Companies A¢t 2006. The fin¢la1 ststemerts hive been prepared utyjer the historicd cost conventioft. Flnattcial repDrtlug stndrd lff2- redueed dix1o5•rn exemptio3 The charitable ¢ompany has tsken Adv3ntsge of the following disclosu exemptions in prep8rin8 these financial statetnents. 45 P¢rnlitted by FRS 102 lThe Fiar181 R¢tIng Standard applicable in th¢ UK and Jiwblic of Ireland,: the requiremenLY of Section 7 Stat¢nxrt of C&8h Flo Incomt All in¢ome is reco8nised in the Statemert ofFinancial Activities once the ch8rity entitlennt to the futth. 1¢ 1$ probable that the iome will be received aDJ the aUt can be reliably. ExpenOitUTe Liabilities are recognised as exp¢naitur¢ as swn &s th¢r¢ is a le8a] or nsItlY¢ obligation committing th¢ charity to that txpenditur4 i¢ is probable that a tyansfrr of economic benefits will be required tn settlement pnd the atrM)unt of the oblig10 can be rne4Wr reliably. Expukliture is aCc0th for on an aeen]als basis arKI has been clas5ifsed under ladings that aggregatt all c¢)5t relat to the Lgory. Where costs CaEmOt directly attributed to partiCLLlar beadin they have been ailocatrd to a¢tiviti¢s on a 1515 COllSiStent with the use of TAxAtIo Th¢ charity is ¢xempt from corporation tax on its clw&table activitie Fund cco¥ttg Unr¢5tri¢lrd fistmls be used in the ¢lwitabk objectiv¢s * the discretion of the tru&tees. Restrirted fldI Can only be uscd for particular restri¢t¢d purrA)ses within the objects of the charity. R¢strirtions i5e when spttified by the donor or when are rdis¢d for p8rticu]ar resttictrd putP05¢& Furth¢r explanation of the nth]re and purpose of each fund is included in the notes to the fin8n¢iai statsment8. Pension t05ts and oth¢r post-retiremeBI bepellts The charitable compony eontribute5 to a wDrk plaee pension sd*rne ¢)n behalf of its ¢ligible en4)loyees. Contributions payable to the peIOn scheme 8re rharged to the profit Ioss 8¢COUllt in the period to which they r¢late. Staff and support eosts Strff and freelance ¢ontrathor costs are attri1) to aL#ivities bd on oftime SPEnt by petson on each a1vity. Pag¢ii conttnued...
Lives Ltd Notes to the Finanrikj Ststements- contit) for the Yrar E 28 Feb 2022 DONATIONS AND LEGACILS 28.2.22 28.2.21 DDnations and le84¢ies Itrkind support Grdnts 159.263 600 81.934 21.576 5.789 105.853 241.797 133,218 Unrestricted donatiOA8 receiv duringthe ye4r Inc1le.. - Individual donattons through Virgin Motw arKI Ju&GIVi £117.723 - Other. tlUdIng Gift Aid-. £33,840 REStricted donatiotLS received during th¢ year include: . I1vIdual donation: Staff dcvclopTMll ISL) £7.700 In-kind support repres¢rts £6W being the value of 20 tents wwlied free of djarge by Sl¢¢p Pod. Grants received are as follows: Unrestrided: Lloyds Bank FOU18tiOn £25.IXK). Garfield Weston Foundgtion £15.(K>O. Alix Partners £8,540 John Coates Charitable trust £5.0(H), PcwsulA FoUndlOn £S,000. Draper5' CharitAble Fund £5.000. BEaVok Foldation £5.CW, Souw Charifable Tnt £3,000, BKL Fouttdation £1.0 RutriGtEd: Royal Borou of Kensington & al$ca£&I20 (thre¢ ). Individual donation £7,700, Kensington & Che15ca Foundation £1,000. St. Columb8's Church £274 INVESTMENT INCOME 28.222 28.221 Interest receiv¢d 38 Raising don*tio•8 8nd leg8eies 28.2.22 28.2.21 Stsff costs Fundraisirjg exLse$ 5,350 1.497 7.975 6,847 7.975 Fundrnising ¢xpense5 relateth the Sleep Out eveth and oTrIl donmtion servi¢e fees. Pa8e 12 continued...
Ne$ lo the Financial Sthiements- for the Ertdtd 28 Feb 2022 CHAIUTABLE ACTIVITIFS COSTS Direct Costs (see not¢ 6) ChaTitsble adivities 123.138 28.2.22 28.2.2 Staff costs Redundancy Fr¢¢lan¢e adrninistration Rent & Utilities Programn atsd g¢n¢ral expe8 Food. chef & venu¢ expenses Staff development 72,582 70.711 2,(M)O 5.467 9.(K)O 19.284 13,118 8.9SO 15,732 13.159 8.856 3.859 3J53 123,138 122.933 TRUSTEES, RKMUNERATION AI¥D BENEFITS There were no trust¢es' remumtion or boKfits for the year ended 28 F¢bry 2022 (2021.. nil). Trn5ttts' ex9¢$ There weTe no tnLsiees' exe$ for ye4r eThkd 28 February 2022 (2021: nil). STAFF COSTS Staff costs relat¢ to staff ¢nlOYed by the charity at)d exclud¢ freelance wntractoys. The &Yerage monthly numkr of anployees durin8 the year was os foll 28.2.22 28.2.21 No ernployees received emDIUTIrS in excess of .[. Th¢ of freelat]ce contraetor5 £4.494 for Dropin session Chef c&terin8 s¢rvi¢¢s. (2021: £10.207 for progrdrnnk tmlall1 and eatering services) Page 13 continued...
Restart Lives Ltd Notes to the Financial Statements- continu COMPARATIVES FOR THE STATEMENT OF FANANCIAL ACIIVITIFS Unrestricled Restricted funds To(a] fvnds tNCOME AND ENiX)WMENTS FROM Donations gnd legacies 54.953 78.265 133,218 Invt[neI inwm¢ 22 Totsl 54.975 78.265 133,240 EXPENDrruRE ON Rai5in8 fund5 7,975 7,975 Ch8titabl¢ •ctiviti¢ Charitsble a¢tivi¢ies 38J38 84.595 122,933 Tot#1 46.313 84,595 130,908 T tNCOMEI{EXPENDrruRE) 8.662 (6.330) 2J32 RECONCILIATION OF FUNDS Total futtds brnught fonw*rd 41.269 1250 52,519 TOTAL FUL¥DS CARIUED FORWARD 49,931 4,920 54,851 io. SHARE CAPtFAL The clympany has no share (¥its] being limitrd by gwantee. The gwantors 11] contribute a maximum of £1 exh in the event of a liquidsti¢)n. DEBTORS: AMOUNTS FALLING DUE wTfHIN ONE YEAR 28.2.22 28.2.21 Trade debtors 5.000 Page 14 cOntiÉjI...
Restart Lives L Notes to the inancial Statetwts- contk for the Ycar Ended 28 Feb 2022 11 CREDrroRS: AMOUM5 FALLING DUE WIThIN ONE YEAR 282.22 28.2.21 Social security and other l&xes Other creditors Accnmls and deferred i 3,146 4,885 2.850 3,197 3,019 6.257 10.881 12,473 13. MOVEMENf IN FUNDS Net At 28.2.22 At 1.3.21 in fldS UrtrIcted Unrestricted 49.931 111.9 161.831 Restricted fullds Kestrided 4.920 (50) 4.870 TOTAL FUNDS 54,851 111.850 166.701 Net nvement in fuTKl¥ included in thiv¢ ure as follow Inc4)ming Resources MovemeN exed in funds Unrestrleted funds Untrstrict 224.741 (112.841) 111.9 Restrict¢d funds Restrithd 17.094 (17,144) (50) TOTAL VUNDS 241.835 {129.985) 111.850 Comp*rgtlves for ThVemEnt ID fvpd$ Net nM)YenKm At 292.20 At 28.2.21 Uttrtstrict¢d fwids UnTestricted 41269 ,662 49.931 Rutrieted RestriGtEd 11,250 (6J30) 4,920 TOTAL FUNDS 52,519 1332 54.851 Page 15 Continu1...
tart Lives Ltd Notes to the Financial Sts*ments- for th¢ Y¢ar Ended 28 Febru 202 ntinued 13. MOVEMENT IN FUI¥DS- ¢ontinu Comparntiv¢ net m0vennt in fid3. included in the above ar¢ as follows: Incoming Resources Movement expended in fvnds Unrestrlcted funds Unrestri¢ied 54.975 (46,313) 8,662 Rtricted fvnds Restri¢ted 78265 {84,595} (6J30> TOTAL FUNDS 133.240 (130.908) 2J32 A current year 12 montks and prioryear 12 moffllLS combined F¥Jsition is a5 follo. Net At 29.2.20 At 28.2.22 in funds Unrtstrieted funds Unrestricted 41269 120.562 161,831 Restrleted funds 11.250 (6.380) 4,870 TOTAL FUNDS 52.519 114.182 166,701 A current year 12 months and prior y¢ar 12 combintyj net movenKnt in fimd& included in the above are Ls follows.. in fvndg Unrestrietsd fllndg Unrestrided 279.716 (159.154) 120,562 Restricted fuDdi 95.359 (101.739) (6,380} TOTAL FUNDS 375,075 (260,893) 114.182 Page 16 continued...
Restart sLtd totheFi cial Stat¢ments- continued for the Year E ded 28 Fe 2022 14. RELATED PARTY DISCithUR With ¢ffect from l March 2020, Ms. Olivia Pyle. the dau8htei of Mr. David Pyl¢ who was appointed a$ a Trustre on 18 May 2019, ap)intrd in a fvIl-ti£ Prownme Monger role. Mr. Pyle did not participate in the Board of Trustee's thision to appotnt her Mr any stsbwuent disc110n$ regardin8 M& Pyle's remuneration. Page 17
Live5 Ltd Detailed Ststement ofFin Ended 28 Feb cial Aaiviti¢5 2022 28.2.22 28.2.21 INCOME AND £NI)OWMENTS DOtionS legAeies Donations and l¢ga¢i¢s In-kind support Grants 159.263 6(N) 81,934 21,576 5,789 105,853 241.797 133.218 lTrvestment intome Interest received 38 22 Totsl In¢omiRg resou¢5 241.835 133.240 EXPENDrruRE Rai5illg don&tloDS and leycies Wages & bonus Social security Employ¢r pension contributions Fundraising ¢xpeDS¢5 4.970 213 167 1.497 7,386 484 105 6.847 7.975 Charitable activiti<4 Wa8es & bonus Social security Employer pension contributions Redundancy F.re¢lanGe adtninistratio Rent & utiliti¢s Prograrnme and generdl expenses Food. chef & V¢EW¢ ¢XP¢J]ses Staff development Accountancy 68,130 2,426 2.026 66.163 2,453 2,095 2.000 5,467 9,000 19.284 13.118 8.950 15,732 13.159 8,856 3.859 3.353 123,138 122.933 Totsl resources expended 129.985 130,908 Net income 111,850 2,332 This pge does 0t forrn part ofthe statutory filnCIal sthtsT Pag¢ 18