REGISTERED COMPANY NUMBER: 06807567 (England and M'ales) REGISTERED CHARITY NUNIBER: 1128848 for Restart Lives Ltd Evergreen Chartcrcd Accoiintants 65 Lortdon Wall Lolldon EC2M STU
Restart Lives Ltd Conlcnts of thc FinL2ncial 8tatcmcnts for the ye7[ Elided 28 Februa 2025 Page Reference and Administrative Details Report of the TtU5tees 2 to 10 Jndependent Examiner'5 Report Statcmcnt of Filncial Activitics 12 Balance Sheet 13 to 14 Notcs to thc Financial Statcmcnts 15 to 21 Deiailed Statemeni of Financial Activities 22
Restart Lives Ltd Rcfcrcllcc and Administrativc Dctail for the Ye()r Eiide(128 Febru(1ry 2025 TRUSTEES V S Leydecker (Chair) M Abel-smith A Dani N J C Gandon (resigned 25.11.24) P Gibboiis A W Marshall R P Mills D P}'le M Veldon M Ros¢nbauer lappoinied 25.11.241 E VcclCnrf {appointcd 9.9.241 REGISTERED OFFICE Flat 5 69 Onslow Square London SW7 3LS REGISTERED COMPANY NUMBER 06807567 {England and Wale5) REGISTERED CHARITY NUNIBER 1128848 INDEPENDENT EXAMINER Evergreen Cliartered Accountant5 65 London Wall London EC2M STU SOLICITORS Bevan Britten Fleei PlaLe House 2 Fleet Place Holbom Viaduct London EC4M 7RF BANKERS Arbuthnot Latham Arbuthnot House 7 WIlsL)n Street London EC2M 2SN Page I
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 The trustees who are also director.s of the charity for the purposes of the Companies Act 2006. present their report with the financial statemellts of the charity for the year ended 28 Febary 2025. The trustee5 have adopted the proN'ision5 of Accounting and Reporting by Charities.. Statement of Recommended Pra¢tiLe appli¢able to Charities preparing their accvunts in accordaiice with the FitMi)¢ial Reportii)g Standard applicable in the UK and Republic of Ireland {FRS 1021 {effe¢tive l January 20191. OBJECTIVES APID ACTllflTIES Objectives and Aim5 Restart Lii'es Ltd (commonly known as RESTART) was registered wilh the Charity Commission in March 2009 (Chariiy no. 1128848). Drii'en by Christian values alld gellerously supported by oN'er l 00 volunteers, RESTART seeks to relieN'e povtrty amvngst Lutr¢nt and fvnnei hom¢l¢sb and Ivn¥-l¢rni un¢n)plvyed rnen wvmen, irresp¢Ltiv¢ of iheir gendtr, cthnicity or faith. The Charity'% governing document establi%he% the Charity's Thbjects a% follnw%'. al The relief of poverty through the provision of housing and other Jmenities and services., b) The advanceinent of education Th'orld-lvide on issue5 relating to poTrerty, citizenship ajid comniujiity development; and ¢1 Furtherance of the charitable Ork of the c.harity by the advancement of suLh other Lharitable purposes as the Trustees shall froin time to time decide. Signifie#Tht activities RESTART empowers London's homelesb to overcome Ihe personal and systemi¢ barriers ihey are facing and 10 reach their self-defined goals. From housing and etnploymet]t to tnelltal and physical health, we offeT wraparound casework and group programmes whose aims are to empower each guest to lake the positive steps which are righi for them. Opetatin¥ from St Columba's ChuiLh in Knightsbridge, witli ofYiL¢s in ShoTtditL'h and seTViLes at pl¢[ location RESTART rdn thc following corc programmc%.' REACT: A weekly drop-in hot meal and ci)mmunity %ervice at St Columba'% Church, Knightqbridge. RESTORE.. A wellbeing programme aimed at personal developrnent, confiden¢e-building as well as physical )nd mental health itnproN'ement. This illcluded.. weekly team-buildillg fitness sessions, including football in the summer months; and - one to one and group therapy sessions rnn by a team from our paid partners, Mind. RECRUIT: Online gniup employability programmes, accebsible at any time by offering ¢ortneciivity including CV writiiig, job searchit]g ld practising for interview, as well a5 guest volunteering at tlie drop-in. CASEWORK - one to one wraparound support to help guests create bespoke plans to reach their self-defined goals across Ll Tange vl. I(KlliOnS, iiiLludin¥ LounLII vibitS. RAISING AWARENESS.. engaging with the tnedia and influencers, including politicians. to raise awareness of homeles%ne%q and running eiwenLs. in particular, partnering with %chonls ta educate young penple about it% impact. In addition, RESTART ran the following extra services.. Pop-up eventb." taster sessions for guests to try ou¢ iniluding intn)du¢tioi) to group therapy, therapy Llogs. dentist trips, voter registration, access to MPS, employability drop-in support, focus groups, copn)duction groups, hospitality re¢TUitment and training", and Rcsoiucc Fairs.. cold and hot wcathcr rcsollrcc fairs sharing itcms to kccp gllcsts safc and wcll undcr wintcr and summcr ¢ortLqitions. HOII, WE WORK: By embedding a trauma infornied approach supported with trdining from Mind and continued coproduction in partnership with Expert Link", and Onc to onc wraparound support to hclp guc.%ts ercatc bcspokc plans to rcach thcir %clf4cfincd goal8. Page 2
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 OBJECTIVESANDACTllflTIES Public benefit The Trustees have referred to the guidance offered by the Charity Commission in reiJi¢wing aims and obje¢¢ives and in pl<inniiig activitieb. Lil Pdrticular, they conbider how plaiined activitie5 will coiiti"ibute to RESTART'S (d objeLtive and ensure these a¢tivities are carried out for the public benefit by delii'ering services which are alued by our guests and enable those with Te5pon5ibility in the sector to de.£70P and adopt best practice. Page 3
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 ACHIEVEMENTS AND PERFORMANCE Charitable Activities Ut]der our CEO, Cathei'ine Flay, RESTART continued to expand its services to guest5, Wlth greater focus on how we measure our impaci in doing so. Highlights include.. A gr(Iwing team - We have re¢ruited 2 new caseworker¥ and a Senior Programmes Executive A growing need- RESTART supported more guests ihan ever wilh 165 enrolled in casework and now has oper 1000 guests who attended the Drop-in more that] once. Over 14,000 hot mea15 were served at the Drop-in. Over 400 guests were suppviled wilh iesvurL¢s lik¢ Loaib, sletping bags, lecl) Ilemb, and summtr bun safely ileins. Strong results foT guests. _ 86°/0 ]noved ont milestone 01 mole. over 50°/o were able to iinprove their housing situation within 12 month% i)r le$8 of casewi)rk, one third of gue%t8 in ea8ework were in permanent hnu%ing after %tarting ca%eivork at any time durin¥ the year, IOO°/o of guests eniolled in our one to one therapy saw iinpTovernent in their niental health ac¢ording to PHIY assessmeni. Strong partnerships across the sector and with govemment bodies SULh as Job Centre Plus. Some specifics.. REACT This year RESTART.. served 14,481 mtals- we now have 1,500 ¥uebts iegistertd- continucd our partncrship with Haircut% for Homelc$8 who offcrcd haircuts cvcry 6 wcclL% giving in total 250 haireuts,. ran Winter and Sunimer RebouTce fairs 5UPPOrting over 4(K) guebts to Ceive vital itetnb; di%tributed 122 Chri8tma% gifts and gave 80"Winter Blue8" pn%t-Chri%tma8 gift% of £5 Te%et) i'ouchers,. and offered weekly phot]e c11aFing and laptop use as part of our disTltal inclusion programme. Drop-in partners alld supporters included.. City Harvest and Social Bite donated food., Social Bite donated Chiistmas Gifts., ThoTnas Franks Tan thTee Drop-ins, proi'iding all food plus chef and staff in partneTship with Knightsbridge School,. and LoLal businesses and individuals donated food on an ad hoc basis. RESTORE One to one and Group Therapy This year we 8aw the mental health.%upN)rt we i)ffer thn)ugh Mind move fmm a tnLSt building pha8e to gue%t% being more directly ensFasTed iii both l..1 and siroup therapy sessioiis to tlie extent that we were oversubscribed. Mind also PTovide supervision and training for statTand consultancy lo the CEO. We ran.. l. gi.oup tl)erapyl¢oachii)g sessions just belore our drop-ln service once a month for 16 guests; and 2. 1..1 thcrapy (bctwccn 6 and 24 scssions pcr gucstl for g iCSts. IOOO/n of guests in l.. I therapy saw their PHQ4 scores decTease, meat]ing their mental health liad iniproved based on self- assessinent. Of guests who went on 10 complete a further 6 or more sessions, IOO/o saw their PHQ4 score deLrease even rther. For 500/D of participants, the positive changes in their ynental health also led to an overall change of their 'stage' on the Piogress Puthwdy. Fitness and Physical Wellbeing Page 4
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 We ran a range of wellbeing services.. Our summer tootball programme offered 21 men the chance ¢0 work wilh an experienced Totienham Club Coach,. and Tliis was aiined at helping gue5t5 to feel better. to build social ski115 and l)ave a sense of belonging to a ¢ominunity as well as improve physical fitness and health. RECRUIT In 24125 we extended our partnership wlth Jobcentre. adding Seiile Street Job Cen¢re in Hackney to our existing relatlollship with Iloxton Job Celltre Plus. A% part of thc partncrship, Ollc ca.%cworkcr attclld% cach location cvcry fortllight to support thosc facing homclc8sncs%, offetiiig on the spot appointments and taking on new cases. We took ot] 34 ¢#$es froTn the Jobcentre and worked alon¥side tlie DWP to Iielp those individuals to tt back to supportin¥ themselves throllgh work and ensure they receive the right state support in the meantime. CASEWORK This year, for the second year running, Restart Lives increased casework capacity, in ¢08nitIOn of the dii'erse caiises of hoTnelessne5s and the iieed to addiess the unique individual balerS that a person faces to facilitate life changing Te5uIts. Concrete results after 12 motltbs or less of casework: 165 active one to one cases., 860/0 uf guebtb 4Lhitvtd tsnc milebt()ne or moi¢," 520/0 of guc%t% progrcs%cd onc or morc.%tagcs on thc progrcss pathway., 113 of people weie iii pern]aneiit acconunodation; and Over 500/0 tif guest% were able tn impr(Ive their hou%ing siat11)n 6 people moved from temporary accommodatii)n tn peTnianellt hou5in¥, 2 reniained ill their temporary accoininodation and 21 people remained in peTmanent accomrnodation who had been at risk of eviction. MEASUREMENT Last year, RESTART introduceil new ways of measuring outcoines of casework. These are.. The Progrebs Pathway: Tlie Individual Pro8re5s Plan., and - Concrete Outcome Areas. The Progre$s Pathwgy The Progress Pathway offets fIve categorie5 of progtebs.. SuTh'iving. Coping. Adapting, C.hangingF and Thtii'ing. The caseivorker u%e% the category guideline8 to &s%ign a %iage to that guest. Then eaLh month i)r at every milestone, the ca5ewoTker assesses which cate¥ory of prosTTe5S to assign to the guest. The lThdividual Progre55 PlaD The Individual Progress Plan works alongside the Progress Pathway. a progrcss plan is jointly crcatcd by thc giicst and thcir cascworkcr. and involvcs idcntifying thc kcy barricr holding a gues1 ba¢k and seiting an ultimaie goal In lai10n io overcoming thai barrier,. It aitns to break dowll the goal into manageable steps, each plall includes up to five, timebound milestone targets and agreed actions to lake to reach that goal,. and as each milestone passes, the caseworker records whether or not the target was reached and whether the guest can be 5S¢bStd having alsi) nioved &long tht Piugr¢bS P<ithwuy. Pop Up Events Page 5
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 Our Summer Sessions in¢luded- Coproduciion focus group; Lilptop library now run at the Diop-iii; Inf(J and sign lip ses%ion8 (to RESTART programmesl; Mental and physical health aTh'arenes5 se5sion5', Women'q Finan¢ial Wellbeing., Therapy Dogs; SJai¢hi Gallery visi¢ (Prince William Homelessness Exhibition); and Resource FaiT. Our Wintcr Scs8iollS lllcludcd.. Resources Fair. Coffee Course.iBarista training offsite with a partner or¥anisation; and Film Club Inow run forlnightlyl - this has become such a fim favourite that we Jlmost instantly developed it into a regular service within our RESTORE wellbeing offering. The key objectives were.. offeTill8 a waTm and welcorning Space for teas, coffee5 and sllack5 Out of the coldthot weather., providing ac¢ess to ¢ulture which ihose fa¢ing homelessnebs ¢an be ex¢luded from: and providing opportunity foT a non-conver5ational conllnunity 5pace.' sotnewhere to feel part of a group activity but without Ihe need lo actively socialise. 74 guests attended oui Winttr TtEr Sessitsns, whilst th¢ Film Club saw 34 people Loming for those sessions alone. Resouree Falrs We ran seasonal resource fait5 in sunimer and winter, sharing iteTns to keep our STuest5 as safe a5 Possible from the elements, hether lieat or cold. We shared.. 10(Fp coats; clothing such as trouseTS, shirts, hoodies, undeTwear.' gloves, haib and shoes,. thermal clothit]g' phones and charging cables,. sim cards with payment plans. hygiene kits alld toiletri¢s,' SPF 50 and bun safe capb., and Water bottle%. RAISING AWARENESS Generally In 2024125 Restart contii)ued to show eominitment to raising awareness aLx)ul homelessness generally as well as RESTART'S work spccifically. CEO Catherine Flay appeared on Loiidon Live to i'aise awareness about homelessness, PTe5ent her posjtion on policy Options for change, and publicise RESTART'S 2024 Sleepout. The Sleepvut event itself raised awliienebb Its well ab funds. with Pl1C1pdnts spendin¥ night on the street ijuts'ide RESTART'8 drop-in location ill Dccctnbcr. Thc following morning, participants shared a cookcd brcakfast and di%cu$8cd their experience and how it has changFed how they might underbtand and reflect on ho]nelessnesb. Page 6
Restsrt Lives Ltd Rcport of thc Trn%tccs for the Ye(Ir Ende(128 Febnja 2025 RESTART'S showreel, created by Fomiidable Medi4 was driven around the Knightsbridge area on the evening of the Sleepout, bringing images of homelessness alld RESTART'S message to locations such as Harrods which were decorated with C.hrisimas lightb. rking with th hariti an rnin RESTART was one of five London homeless charities to leam and develop t()g¢ther on Coprodu¢tion. The OrkIng group included, 999 club, Forest Cliurclie5 Emergency Night ShelteT. NEWway PToject, The Passage, all overseen by Expert Link. This resulted in Ihe publicaiion of a Coproductioi) Guidance Booklet ai a conference organised 10 discuss its findings. This event was attended by local and natiot]al government, as well as charities, funders alld other stakeholders. Throu thi% pn)cc%s it bccainc apparcllt that at RESTART much coproduction was alrcady cmbcddcd, for cxamplc guc%t volunteeiing at the drop-in: regular feedback and input oprtunitIeS, co<reation of support work planb aiid an ethos of genuine li%tening. RAi$ing Awaren¢$s with Young People Last year, RESTART made raising awarertess with young people one of our reporting areas. In 24125 we reached more yoiing people and children than ever before through assemblies, talks, classes and enabling more young people to participate in the Sleepout event last December. This year, we worked with.. Knightsbridge School Studcnts attcndcd cach Friday aftcrnoon in tcrm tiinc to sct llp thc chair% and tablc% rcady for thc drop-in. 10 childrcn received the c.harity Champion award for their support foi our work. The school biought a group of datiiig students. to join the Sleepnut event. The genernu8 children al%0 made and wrote Chri%tma% eard% f()r every single gue%1. orth London Collegiate School We delivered a talk to sixth fomi girls about RESTART, why ive exist, what we do, and around careers in the ¢harity sector. We had lunch with members of Ilie school's Charity Committee alld other keen students wlio bvot a gTroup tOgTether lo join the Sleepout. Creative Ideas e]nerged for guest sessions which we will incorpY)rate with their help. Brighton Prep We delivered lessons to years 5. 6 and 7 YOS about homelessness and the issues that sUound it. Children stmred their own thoughts and ideas and challenged each other in constrnctive ways. Weald School Weald Sch(x)I have been %upporter8 for many years and thi% year donated their E&ster and Harve%t collectinn8 ti) RESTART and or¥Fanised creative events to 5UPPOrt the chaTity. We also welcomed our fiTSt ever work experieThce student who joined our team in the office to learn more about what makes RESTART work. The student helped us to researLh 17 small grant opportunities and to complete crucial admin tasks. Page 7
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 FINANCIAL REVIE RESTART recorded a small surplus for the year Lif £1,256 with our outgoings totalling £313,974. Thi.$ was an increase of around £IOO,000 on 2023124 and was largely due to an increase in activity on OUT programme5, SUPPOrted by additional staft'to run them. Our total income was £315,230, which was made up of L167,039 in cash donations, £66,000 in in-kind donations, L74,784 in grant5 fvom trusts and foundation5 and £7,407 Gift Aid iecoverable froin HMRC. Tlie bulk of our income Cne froin a very 5ucces5ful Sleep Out event in tkcember 2024, which raised in the region of £120,0(X) from individual and coorate donaiions ai)d teain efforts by those sleeping oui; Grant income at £74,784 was received from a range of fvnders, some of which is unrestricted in its Use. Details of grants r¢c¢iv¢d are Lvniained in Nvie 2 Iv lh¢ FiiianLIHI Siaiem¢nlb vn pa¥e 16," and Wc wcrc al80 fortunatc to havc rcccivcd a numbcr of 8ignificant donations including from individllals as%ociatcd with St Columba'b Church aiid Knightsbridge School. RESTART wishes to thank all those who liave donated funds over tlie year to enable u5 to contit]ue our important work. The successfiil fiindrai5ing effoils during the year have i'esulted in resetTr'e5 caTried forward of £272,297, £263,473 of whiLh is unrestri¢ted in use. The Resmies Poli¢y seeks to Inaintain reserves ot. at least 9 months ¢urrent expenditure as a prudent sum lo allow us to operate cojnfortably as a going cojicern. Trustees have also set a bud&Jet for the FY which is designed to allow for growth in our services to guests at a time of ¢riiical housing shortage and greater homelessness. Taken iogether, this provides longer-term securiiy ot support for the Charity's objeciives and enables us to fund plartned developmet]ts ahead, as outlined on the next page. PLANS FOR THE FUTURE With a newlv expanded <tnd expanded lost of s¢rviLeb, a key aim of tht Loming year will be to conbolidate the SUCCC8%c% of FY 2024125. Casewi)rk 1% our core transforniative service. Thi% will see a on maintaining high numbers of ca%e8 fnr l.. I ca8ework {200 OT more guests overall} and results that deniollstrate impact lat least 50/0 of gwe5ts inovin¥ at least one 5ta¥e on the progress pathway through casework and at least 500/0 able to move one milestone or morel. RESTART will launLh a Children's and Families, ServiLe, initially on a small scale. partnering with one South London school as well as accepting referrals from the eKisliJig pathways. This will see RESTART focus Oll prevet]tion, supporting children and families befoie homelessness starts and Iheie(ore seeking to prevent the latei symptoms and eftects of hoTnelessne5s on those indii'iduals. Jt will see RESTART partner increasingly with Social 5etvice5. It Th'ill also see RESTART begin to operaie in an area of London where it is yet to have a base. In temis of partnerships, overall, we will be continuing to work with Hoxton and Settle Street Job centres as well as local councils all over London. We will seek more organisations whose clients could benefjt from us setting up an outpost at th¢ii betviLels} buLh Abbty Centre xnd Dr HILkey's prdctice. RESTART will continue to expand the mental health bervices offeTtd, increasing l..1 provision by adding one tnore therapi%t, and finding new way% to motivate guest% tn attend gri)up se%qions. There will be a greater focu% on what gue%t can do for their wellbein¥ in their own lime, with a budbFet set aside for thitJ¥5 like mindful colourinsT book5 and pencil5, essential oil sprays and stress balls, to offer a range of portable resources. All programmes will continue, with new and more frequent taster sessions running to find out from guests what appeals and what they'd like more of, and to test out tlie feasibility of a range of new services that could be developed. This will include gardening, art and Zumba sessions amongst others. Further, we will corttinue lo raise awareness with future genernlionb, builLling on our relaiionships wilh Knightsbridge Scliool, the Weald School, Haileybury, alld Brigliton Prep to awaken Inore young people to homele5Slless and the constellation of issueb that cause, exacerbate and inay solve it in our society. We will begin otyering Irontline volunteering for those aged 14 and over who are accompanied by a parent. Wc will oncc again run our fundraising and awarcnc8.% Slccpout cvcnt in Dccctnbcr and bring togcthcr ollr Community in support of our guests and the work that we do to support them. Page 8
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document RegisteTed origit]ally as Astell Foundation. the Charity 15 registered as a charitable cotnpany limited by guarantee {registered number 68075671 and is governed by its Memorandum and Arti¢les of Association. The Charity is registered with the Chdlity Comrnibbloll {rcgibtered numbeT 11288481 and was established un 2 February 2009 foT tlie inain putP05e of the assistance of homeless people. It does not ha'e share ¢apital, cannot pay dii'idends and must utilise all its funds to further its stated chaTitable objective5. The Charity has no share capital. Member5 of the charitable company guaTh8ntee to contribute at] nOUn1 not exceeding £1 each to ihe asseis of ihe Charity in the event ol'winding up. Reerultment and appolntment of new trustees Thc Board of Tru%tcc8 a body has thc powcr to appoint ncw Tn]%tccs. Thcrc must bc a minimum of thrcc at any onc titnc in line with the Articles of Association. Thobe who setvtd as Trusteeb during the year were.. Sonya Leydecker ICliair} Marina Abel-smiih At]alld Dalll Ni¢k Gandon {Retired 25 Noiiember 2024) Peter Gibbons AndW Marshall Robert Mills David Pyle Michelle Roset]baueT (Appointed 25 Novejnber 2024) Emina Veelenturf {Appointed 9 September 2024) Mark Veldoll Organisational structure The Trustees adiniiiibter the Chaiity on an ongoing basis and meet at Itabt three tiine5 a year to disrubs the strategi directian of the charity and Specific current iq%ue8. We employ a Chief ExecutIe, Catherine Flay,-%llpported by a fijll-time ProbTranime ManasTer. one full and one part time caseworker and a part tinie programTne executive, tOSTetlier with a part-lime Drop-in Manager and a freelance chef working and security manager working alongside around l 00 volunteer5. Induction and training of Dew trustees All new Trustees attend ali induction Trustee Board Meeting where their roles are fully explained. They receive regulai infotination about trustee tTaining and, in the view of the Ttustees, have enough kiiowledge of theii. specific field to understand the nature of the Chariiy and fully comply with ihe Charity's curreni views of its progression. Trustees may claim for reasonable expenses (as detemiined by an agreed policy) incurred in undertaking the Charity's business, but they receiN'e no remuneration or other financial benefit in their capacities as Trnstees. Equality of Opportunity RESTART 15 coiniiiitted to a policy of diveisitv and inclubion for all employees, volunteers and tfU5teeb and to ensuring within the frarnewi)rk of the law that it% proces8e% are free frnm unlawful or Unfair di%crimin2tion. Page 9
Restart Lives Ltd Rcport of thc Trn%tccs for the Year Ende(128 Febnja 2025 STRUCTURE, G0VERANcEAND MANAGEMENT Risk anagemeI The Trustees have ass¢&s¢d ihe major risks to which the Chariiy is exposed, espeLially those related io the operations and rinaiiLes of the Charity and are satisfied that n)itigation sy5temb and pioceduies are ii) place. These will be reviewed again in 2025126. The prin¢ipal risks faced by the Charity are considered to be- safeguarding issues which are mitigated by repiewing policies and ensuring adherence. effective management of guests, mitigated by training for staff alld volunteeTS; r¢ientivn uf aLtiv¥ volunleerb, Inilig4t¢d by Llaiifying roleb and exptLiaiions and by positive inanagvmtnl; rccrnitincnt and rctcntion of partncrs, tnitigatcd by activc rclationship managcmcnt to clarify Mual commitmcnt% and obligations- the %uccess with which appropriate funding 1% generated tn %u%tain activities, mitigated by delil'ery i)f a robust mixed- economy fundraising strale¥y and by ensurin¥ thELt all donoTS receii'e appropriate Teport5 on PTogres5'. and the ¢onlinued support ot St. Columba's Church,. mitigated by continuing to sustain an open, trusting relationship and to be re5pon5ive to any requests. Approved by order of the board of trustees on 17 Novejnber 2025 and signed on its behalf by.. V S Leydecker- Trustee Page 10
Jndependent Examiner's Re ort to the TNstees of Independent examlner's report to the trustees of Restart Llves Ltd ('the Comp*Dy') I report to the charity trustees i)n my examination i)f the accounts of the Company fi)r the year ended 28 Febrnary 2025. Responsibiliti¢$ And bAsis of report A5 the chaTity'5 tfU5tees of the Company {alld also its director5 for the purposes of coinpally la1.) you aiE responsible for the preparation of the acLounts in a¢LordanLe wilh the requirements ot'the c.ompanies ALI 2006 {'Ihe 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, l Teport in re5peLt of Tny exaTnination of your chai'ity'5 account5 a5 Caled out under Section 145 of the C.harilies A¢1 2011 I'ihe 2011 Act'l. Tn ¢arrying out my examination I have followed the DirectiOll5 given by the Cliarity Commission undeT Section 145{51 {bl of the 2011 Act. Independent examiner 5 Statement SinLe your Lh<irity's grvsb ITILvm¢ exL¢eded £250,000 your examinei musi be a member of a listed body. l Can cvnfitm ihai l atn qualificd to undcrtakc thc cxamination bccausc l am a mcmbcr of thc In$titC of Chartcrcd Accountallt8 in England and Ivales, which ib one of the libted bodies. J have completed my exaininEttion. J confim] that no inatteTS have come to my attention in connection with the exELmination giving me cause to believe.. a¢Lounting re¢ords were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord willi those records., or the accoiints do not Comply with the a¢¢ollnting requirements of Section 396 of the 21106 Act other than any requirement that the accouT]ts give a true and fair view which 15 riot a InatteT considered as part of an indepet]dent examinaiion; or the accout]ts have not beet] prepared in accoi'dance with the niethod5 and principles of the Statement of Recommended Practice for accoiiniing and reporting by Charities (applicable to Chariiies preparing Iheir accounLS ill accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). I havc no conccrn8 and havc comc acro%$ no othcr mattcrs in conncction with thc cxamillation to which attcntion 8hould bc iii thib Teport in oidtr to enable a proper understsiiding of the account5 to be reached. Jas Bal FCA Evergreen Chartered Accountants 65 Lvndvii Wall Londoll EC2M STU 17 November 2025 Page 11
Restart Lives Ltd Statcjncnt of financial Activitic for the Year Ende(128 FebnJ<lry 2025 28.2.25 Total funds 29.2.24 Total funds Unrestricted fund Restri¢ted fi]nd5 Notes INCOME AND EliDOWMENTS FROM Donations and IcgiÉ cies 266,847 48,3X3 3 15,230 Jnvesiment income Total 83 201,194 266,847 4%.383 315,230 EXPENDITURE ON Raising ndS 5,107 5,107 4,632 Charitable A¢tivitie$ Chaiitable activitie5 Totsl 269.308 274,415 39,559 39,559 308,867 313.974 204,525 209,157 -NET INCOlE/{EXPEL¥DITURE) {7,568) 8,824 1,256 (7,963) RECO.NCILIATIO.Y OF FUNDS Total funds brought fonvard 271,041 271.041 279,004 TOTAL FUNDS CARRIED FORWARD 263,473 8.824 272,297 271,041 CONTINUING OPERATIONS All income and expenditure lias arisen from continuing activities. The note5 foTm part of these financial ststemetJt5 Page 12
Restart Lives Ltd Balancc Shcct 28 February 2025 28.2.25 Total funds 29.2.24 Total funds Unrestricted fund Restri¢ted fi]nd5 Notes CURRENT ASSETS Sti)¢ks Debtor5 Cash in hand 27,5Y4 16.943 231,797 276,324 27,584 16,943 240,621 285,148 14,22X 9.537 260,638 284,403 12 8.824 8.824 CREDITORS Amounts falling due within one year 13 (12,851) {12,8511 113,362) NET CURRENT ASSETS 263,473 8.824 272,297 271,041 TOTALASSETS LESS CURRENT LIABILITIE% 263,473 8,824 272,297 271,041 NET ASSETS FUNDS Unrestri¢ted funds Restricted funds TOTAL FUNDS 263.473 8,824 272,297 271,041 14 263,47.3 8.824 272.297 271,041 271.041 The charitable company is entitled to exemption from audit under Section 477 of the CoTnpanies Act 2006 for the year ended 28 February 2025. The members ha.£ not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in acLurdanL¢ wlih SeLtiun 476 vf the Cvmpdni¢S ALt 2006. The trn%tees acknnwledge their re8P()nsibilitie% for (al ensurins that the charitable conipany keeps accountin¥ records that comply with Section5 386 alld 387 of the Companies Act 20U6 and preparit]g fjnallcial statements which give a true and fair view of the State of affairs of the charitable company as at thc ct)d of each fjnancial ycar alld of it% surp1$ or dcficit for cach financial ycar in accordancc '1th thc requireinent5 of Sections 394 and 395 and which othenvi5e coinply with the requiiement5 of the Coinpaiiie5 Act 20116 relating to financial statements, so far as applicable to the charitable Company. The note5 foTm part of these financial ststemetJt5 Page 13 continued...
Restart Lives Ltd Balancc Shcct- continucd 28 February 2025 These financial statemellts have been prepared in accordance with the provisiot]s applicable to charitable companie5 subject lo the small companies regime. Tlie fiiiancial 5t(Iteinent5 were approved by the Board of Trustees and authoti5ed foi issue on 17 Noveniber 2025 and were signed on its behalf by.. V S LeydeLkeT- TTUStee The note5 foTm part of these financial ststemetJt5 Page 14
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt for the Year Ende(128 Febnjdry 2025 ACCOUNTING POLICJES Ba515 of prepariN% the financial Statements The tinan¢ial staiements of ihe ¢hariiable company, which is a public benefit entity under FRS 102, have been prepdred in accord[re witli tlie Ch£ilieS SORP (FRS 1021 'AcLounting £Lnd Reporting by Cliarities.. Statement or Recommended Practice Éipplicable to charities prcparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 20191,, Fiiiancial Reporting Standard 102 'The Finan¢ial Reporting St)ndard applicable in the UK and Republi¢ of Ireland, and the Companies Act 2006. The financial 5tatetnent5 liave been PTepared undeT the historical cost convention. Fitlancial reporting standard 102- reduced disclosure exemption5 The Lharil(Iblt Lompdny hGiS laktn <idNallldg¢ of lh¢ fvllow'ing dibLlobuie exemplion in PTtP(tTing thebe financial tatcmcnt%, as pcnnittcd by FRS 102 'Thc Financial Rcporting Standard applicablc in thc UK and Rcpublic of Irelaiid,: the Tequirements of Section 7 Stateinent of Casli Flows. IThcome All in¢ome is reLognised in the Statement of Financial Activities once the Lharity has entitlement ¢0 the funds, It is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilitieb are recognibed as expenditure as soon as there is a legal or construciive obligaiion ¢ommitting the cliarity to that expet]diture. it 15 probable that a tTansfer of econoinic benefit5 will be required in settlement and the amount of Ihe obligalion can be measured reliably. Expenditure is ac¢ounied for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to PdiliLulxr headingb, Ihty hdV¢ bten xlloLdted tl) dLtivitieb ijn <i basib Lollsibtent with the us¢ uf iesuurLeS. Stoeks Stocks are valued at the loiver of cnst and net realisable value, after making due allowance for i)b%olete and %low moving items. TaxatlOD The charity is exempt from ¢orp¥)ration tax on its charitable activities. Fund ae¢ounting Unrestricted funds can be used in accordance with the challtable objectives at the discretion of the trustee5. Restricted funds cat] Ollly be used foi. particulaT restTiCted purposes Witliin the object5 of the charity. Restrictions arise when specified by the donor or whei) funds are raised for particular restricted purposes. Further expllination of Iht natuie (ind putpose of eaLh fund LS included in tlie notts to the findnLiiiI btateinents. Pension costs and other post-retirement benefits The charitable ci)mpany contribute% lo a wi)rk place pen%ion scheme on behalf of its eligible empli)yee%. Contribution5 payable to the pension scheme are charsTed to the profit at]d loss account in the period to which they rel)te. Staff and support ¢o$ts Staff and frcclance contractor costs are attributed to activities based on estimates of time spent by each person on each activity. Page 15 continued...
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt%- continucd for the Year Ende(128 Febnjary 2025 DONATIOliS AND LEGACIES 28.2.25 29.2.24 Donations and legacies In-kiiid supptsrt Grants 174,446 66,000 74,7Y4 315,230 138,251 51.486 11,374 201.111 Donation8 rcccivcd during thc ycar includc.. Indildal donatinn8'. £161,954., and Online donation5. includin¥ throu¥h Ju5tGivin¥ and CAF.. £5.085. Gift Aid recoverable on donations receiN'ed in the year amoiillts to £7,407. Grants received Iliis year from corporate bodies Ifoujidalionsl comprise £6,528 from Alix Partners Charitable Foundation ai)d £12,0(K) fiom CannaLcord Genuity Wealth Manageinent. Both grants were unresiriLted. Grants received thib yer frorn Lharitable fuundation5'. Vicars Relief Fund £1,2.36, restri¢¢ive ad hoc amounts io cover the costs of supporting specifi¢ guests,. Skinners £4,000, a restricted grant for the costs in supporting victims of domtstic violence. Glirfield Wcslun FoundlI1n £30.000, a ieblricted gTant to LOVCT I 0% vf th¢ Loie Lusls of tht LhaTiIy: Jlllia Rausing Trust- £1 1,020, 3 rc8trictcd grant to covcr c08t% of thc wcckly Drop-in., and NapieT Grant froin St Columbub Churcli- £IO,(H)O foi the genetal tuiining costs of the charity. In-kind support included the following.. Phones £4,400; SIM cards £29,232., Sleeping Bags £275; - Food £22,583,. Laptops £2,000., Shelter suits £2,640,. Clothing £4,000,. - Supern]arket vouchers £470.. and Toiletries £400. INVESTMENT ILYCOME 28.2.25 29.2.24 InteTest received 83 Page 16 continued...
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt%- continucd for the Year Ende(128 Febnjary 2025 IUISJNG FUNDS Raising donatlOJ15 and legaeies 28.2.25 29.2.24 Sleep out expenses Fuiidi'ai5ing expen5e5 4,1137 1,070 5,107 4,112 520 4.632 Fundraising expenses relate to the Sleep Out event and on-lit]e do[tiOn service feeb. CHARITABLE ACTIVITJES COSTS Direct Cost5 {see note 6) Charitable activities 308.867 DIRECT COSTS OF CHARITABLE ACTIVITIES 28.2.25 29.2.24 Staff costs Olee and otl)er expenses Frcclancc adtninistsation Rent & insuiaiict Programmc and gct)cral cxpensc Food. clief, veiiue expenses & in-kind donations Staff development Accountst]cy 180,655 13.143 109,552 5,724 200 14,049 29,891 34,619 372 10,118 204,525 10.883 41,175 45,639 5,X76 11.496 308,867 TRUSTEES, REMUNEIL4TION AND BENEFITS TheTe were no twstee5' reniut]eration or benefits for the year eiided 28 FebTuary 2025 {2024'. nil) save as set out below. Trustees expenses There were no trustees, expenses paid for the year ended 28 Febnwry 21125 {21124'. nill. Bookkeeping expenses Parity Accounting, whose fouiider is Trustee Emma Veeleniurf. acts &$ our accountant and bookkeeper for which it was paid £3,900 for the year ended 28 FebrLMry 2025 {2024.. £3,600). Page 17 continued...
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt%- continucd for the Year Ende(128 Febnjary 2025 Staff costs relate to staff employed by the charity and exclude freelance contractors. The average monthly number of employees during the year was as follows.. 28.2.25 29.2.24 No employees re¢eii'ed emoluments in ex¢ess of £60,(K)O. The cost of freelance contraciors was as follows.. £5.447 for Chef Latering service5 at the weekly Drop-in; 4.962 for %ccurity %crviccs al Ihc wcckly Drop-in; and £3,900 for accounting and book-keeping services. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWlENTs FROM Donations and legacies Tnvestment in¢ome Total 83 201.194 83 201,194 EXPENDITURE ON Raisit)g funds 4,632 4,632 Ch&ritable activities Charitable activities Tvtal 204,525 209,157 204.525 209.157 NET INCOMEIIEXPENDITUREI 17,9631 (7,963) RECONCILL4TION OF FUL¥DS Total ndS brought fonvard 279,004 279,0(14 TOTAL FUNDS CARRIED FORWARD 271.041 271,041 Page 18 continued...
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt%- continucd for the Year Ende(128 Febnjdry 2025 10. SHARE CAPITAL The compajiy ha5 no share capital being lirnited by guarantee. The guarantors will contribute a inaximum of £1 each in the eveni ot'a liquidaiion. ii. STOCKS 28.2.25 29.2.24 In-kit]d donations held in store 27.584 14,228 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 29.2.24 Trdde debtors 16.943 9.537 13. CREDITORS: AMOUNTS FALLING DUE WITHIN OFIE YEAR 28.2.25 29.2.24 So¢ial security and other t&xes Other CTeditots Accruals and deferred income 4,840 2,164 5,847 12,851 3,1¥6 1,000 9,176 13,362 14. MOVEMENT JN FUNDS Net movcmcnt in funds At 28.2.25 At 1.3.24 Unrestricted funds Unr¢siri¢ted 271,041 (7,568) 263,473 Restritted funds Restricted 8,824 8,824 TOTAL FUIYDS 271,041 1,256 272,297 Nct movcincnt in nd, incllldcd in thc abovc arc a% follows.. Incoming resouices Resi)urces expended Movement in funds Unrestricted funds Unresiri¢ted 266,847 {274,415) 17,568) Restrieted funds Rcstrictcd 48,383 (39,559) 8,824 TOTAL FUNDS 315,230 {313,974) 1.256 Page 19 continued...
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt%- continucd for the Year Ende(128 Febnjary 2025 14. r¥iovEMENT JN FUNDS- continued Comparatives for movement in fuThds Net mOeMent in funds At 29.2.24 At 1.3.23 Unrestricted funds Unresiricted 279,004 {7,963) 271.041 TOTAL FUNDS 279,004 {7.963) 271,041 Cornparative net movemet]t in fund5, included in the above are as follows.. Jncoining resources Resources expended Movement In funds Unrestricted funds Unrc%irictcd 201,194 1209,1571 17,9631 TOTAL FUNDS 201,194 {209,157) 17,9631 A Current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 28.2.25 At 1.3.23 Unrestricted funds Unrc%irictcd 279,004 115,5311 263,473 Rtricted funds Restricted 8,824 8,824 TOTAL FUNDS 279,004 16,7071 272.297 A current year 12 months and prior year 12 montjis combined net movemellt in fvllds, included in the above are as follows.. JncuTning rcsourccs ResouiLts expcndcd Movement in fund8 Unrestricted funds Unrestricted 468,041 {483,572) Restricted funds Rebtiicted (39.559) 8.824 TOTAL FUNDS -$16,424 {523,131) 16,7071 Page 20 continued...
Restart Lives Ltd Notcs to tlic fillallcial Statcmcnt%- continucd for the Year Ende(128 Febnjary 2025 15. RELATED PARTY DISCLOSURES With effect from l March 2020, Ms. Olivia Pyle, the daughter of Mr. David Pyle who w85 appointed as a TTUStee on 18 May 2019, Ivas appointed in a full-time Programme Manager role. Mr. Pyle did not participate in the Board of Trubtees, decision to appoint her nor any subsequent dib¢ussions involving Ms. Pyle'5 einployn)et)t. With effect from 22 October 2022. Parity Accounting. of iN'hich Emma Veelenturf is the fouiider, has acted as a¢countanl and bookkeeper for RESTART. Emma Veeleniurfbecame a Trustee on 9 September 2024. Page21
Restart Lives Ltd Dctailcd Statctncnt of Financial Activities for the Year Eiide(128 FebnJ<lry 2025 28.2.25 29.2.24 INCOME AND ENDOWMENTS Don#tiorts and leg#eies Donations and Icgacies Jn-kin(15UPPOrt Granis 174,446 66,000 74,784 315,230 138,251 51.486 1,374 Investment income Jntei'est received Total in¢oming resources 83 201,194 315,230 EXPENDITURE Raising donations and leg4¢les Slccp out cxpcn%cs Fundrdising expenses 4,037 1,070 5,107 4,112 520 4,632 Charitable Activities Wage5 & bon115 So¢ial getyurity Employer pensioll contributions Office and other expenses Frcclancc adtnini5tration Rent & insuraHLe Programmc and gcncral cxpcnscs Food, chef. venue expen5e5 & in-kind donatiotts Staff dei'elopment Accountancy 166,073 10,692 3.890 13,143 102,971 3,912 2,669 5,724 2(X) 14,049 29,891 34,619 372 10,883 41,175 45.639 5,876 11,496 308,867 313,974 1,256 204.525 209,157 7,963) Total resourLes expended et income/{¢xpenditur¢) Thi5 page does not fonn part of the statutory financial statements Page 22