Asecondchance (AC) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 ASECONDCHANCE UMITED (A COMPANY LIMITED BY GUARANTEE) CHARITY REGISTRATION NO: 1131446 COMPANY REGISTIIATION NO: 06794506 IndePend￿t Examiners Ltd Unit 2 The Broadbridge Business Cen¢re Delling Lane Bosham P0188NF A4HIKPYW* 1811112021 COMPANIES HOUSE A15 06PM506 1131446 Charles Maloba Epha Crofts Colin Crofts Charle5 Ethe 88 T¢)vm Square SS14 IBN Natwest 29 East Walk SS14 IHD Page 2 of 16 CHAIRMAN'S STATEMENT The year ending March 2021 was one ofthe most tyng year5 for the life ofAsecondchance. With support from Trustees , well-wshers in the diaspora and the funding partners that have supported as for years. planned a¢tiMties were implemented smoothly and new proiects in Kenra planned and implemented as a response to Covid 19 pandemic tha¢ has brought new dimensFon to de¥elopmenL The ¢¢)n¢ept of self- sacrrifi¢e and contri¢ion by voluntary services in ternis of technical support and management continued to contribute signifi¢andy to the rn￿10n of Asecondchanc& Covid19 has proved that support to the rnarginalised families can still be achieved because it is vthat the M¢￿eY can buy is important and not liquid tash. With voluntsry time inclusiorn the income recorded for the year was £167.126 compared to É142.217 rnised in the in the premousty finanaal year. During this period Asecondchance largely covered operations coxs using volunteers and support from Trustees and welkvfflshers. Project5 that facilitated women and gids to address sanitati¢)n. hygiene and C¢vid 19 mrtigation initiatives played a central stage. With supporc from new and old trusts and foundav¢n& we conrlnued to implement social protection and vocational training projects and mens¢rul hmene management reaching marginalised families and young people . particularly teenage mothers. These projects have benefited over 25.¢J)O marginalised frdmil1￿. Covid19 has nece5sirated that all programmes and auivit*s are need new approach and this will continue to affert implementation pac& We are grdteful for the gr4nts we received from all the trusts. foundations and individuals who 5UPPOrted us w fulfil our promises to marginali5ed communirtes in Kenr4 in the face of Covid 19. We are proud of the voluntary ¢ontribution of our Trusrees towards project planninz and ¢Jesign. fundrdiSin8 and monitoring of projects which would not have been realised v￿oUt staff on board. Their support in a55iSting partners to develop new mtegies and approath new funding parthers is highty appreciated. For another complete year. Asecond¢hance managed operntions ¥￿thOut hired personnel which is realty a huge contribution and demonstration that a g*)od course can be achieved by sacrrftce. Speciai tfrAnks to FOW￿ Smith and Jones Trust who sUPPOrted with core fundin& Our resolution to start operation5 in Essex County was not realised as was the case for the previous year and this has been caused by the change in circumswces that require proper SOCI￿ di5¢ancing . We hope this will be 4¢uAlised at the appropriate um We hope we shall continue recthng support to capwr4 nature and document the succe55 of our approach to development in the globat south. The future of our troubled wodd belongs co the youth, let us equip them with the necessary skills. but then - vaccination against Co¥i&19 is stlll slow in the tommunitie5 we partner with. That is the challenge. We look lorward to a successfvl year. free from Covi&l9. Ch es E (.Trurte•) Date . iO,JOal Page 3 of 16 DIR ' REPORT prepare a rep3￿ twhich is sharnl 3n*AVt them as slwe re5prm5ibiliri¢s for day.tOvday The direttors have a br￿d range of backtroW￿$ ttrat contriiMKe 98nrfKanthy to the work and GOVERNING INsfRUMEKr re8iStered as a charity as welL The obpcts and powers of tlR ctrarity and conwry are governed under its xtycles ofAsxKi•on. In the ofthe cJs to cover 6 IT￿h5 preparydtions for pr(*JUct1￿ of rfrusthe vrts finalised. As a spÉcial rtsponse to dildren li¥ing wKh thsatMliiie& un1forn￿ tttn dwthted co both and gids a s priority. As a rtcoznition and ent￿ uwmtom are delNtred at home by a ¥etial 2) Health Menstrual hiziene rr4nagrn w&s lde￿ffied as rr4itt th￿Ie[￿ further ctrry4icxted by the Cov0 19. Mertstru￿ hy&'enÈ man￿t throuth b￿W￿*￿Y mettiros continued at sbwer ff&￿ by ¥olunteus tAned on zutdeltn¢& Wrfh tk d05ure of sdK)ols in lids ￿￿e orpniztd to meet within face masks sanitizer& nor￿￿1 soap and washing kirs to p¥ti(ipants By focu51ng on corrffiuni¢ies round schools a tool of 2310 girts were read￿ VA b￿Wee￿Y training se5SOrt Holding the 5e55ions wrthln conNTrJniries provided a wirthw for •rls tyJt4)f.sdbJol and those from schools that had not been Py5of16 Durirbg trnin1￿ fme ofthe p￿1(1P1nts a bong tirrt p'r15 have been lefr alone to xquire tlws knowledgt from th*"r gr3Th1Thb)thers and rf you do have on< learn by casewor We have prls have be￿ misled ty men reth to e¥pbit therrL They thise girls rf they do no¢ have monty to ￿ pat1& ￿ b&%¢v#ay to forget atxxrtthem is to COEKei¥e to too w pregnancies are never nwtioned Even Churd*5 away from IL fvovision of washrooms for •rls to pads will reJty we us Cfmthdence as V￿men. Hease spread thrs to rTWV tomn￿n[rieS to save girls from exploitstson and 5hwr*-. TrainFng of moth¥ aryrxted nnny . participants than e3rtier aniicipated The traininz pro¥ided oppOr￿ltY for mothers to meet and discuss varityjs aspec¢s particular G*id.19 restyiai¢ nwgemert A total of 29 mother yo4>s with a membership of 858 rtt￿ed the training on h￿tene 3rKI n￿re gttwps have requestetj for the trainmw Frtyn trainin& partitiP3nts torfessed tts have h￿'ene and many felt the training witl also help in addressing the increasinz teen¥e pretTrames in the clwrrnmiry as one partscipart rwxed tha of menstrtsa1lc￿ for sorr* um& This have been a nysconceptson that v•* learnt from ow parents." 3) Vocational Training V*xatiorAI training continued desixte the red￿1(￿ th dtss 5ize5 be(xuse ofttp Covid.19 restriCEion5 that 11 for distsKtng. One of the additional train￿ In￿err￿￿d VAS the prtylLKtion of reusable Page 6 of 16 rned up requestyng and 35 a resulL 26 worrth have ￿ uwned aTh4 5 facili¢ated to engage in lull ts.me Produc￿rt Inrrialty trainees vlert $dec￿￿ from baSK tail¢yiro skill DeMo￿st￿*t1m of how knowledge Is pmr Jthlyn¢ Musungu in Ebuyesher Matawa sub location is a teenage mother of two. She attended primary education up to Standard seven and was not able to sit for her Kenya Certificate of Primary Edu&*ion due Ixk of money to pay fees. She says. *vhen I drop￿1 out of Sch￿1, l interacted with people in the community and came to know a&)ut V￿tiO￿¥1 trnining opwrtunities al COT centre for yijung people. l also met fornw tr8inees who shared with me the benefits of vocational skills in life. Votati•nal thlls irt PrnLttse-foTmertraifiee Over three wetk& l evaluated myself on whetherto join the vo¢ationai training cl&8s or nol but at long la%t I decided thatwuiring skills in gamlent making was go￿ forn] me. L enrolled in January 2019 and completed my training in August before I was atshed to bu5ine55 that makes wjifornis in Mumi&s town. After three month5. 1 thought it wa5 time ￿ Start SQTn¢thing for rnys¢lf be￿￿se I knew many people who eitF*r wanted new cloth&8 or were looking for placu to repair their clothe5. 15hared my thoughts with the tutor who ￿¥15¢d that I give detai]s on what I wanted to do and the equipment I will ne*1 COTthen supryjrted me wxth one sewing machine in December and since I had negotiated with a I(￿1 shopketper for spa¢e on the Veran￿ I started work immediately. Being Christmas period I focused on making cbeap dresses for girls Fmuse I knew every mother would buy a new dress for their daughters. Tr orders were very many and d¢p)sit paid w&8 much that I decided to buy an extrasewing machine and inviteAI one of my friends to use it as we struggled to meet demand. In January, I moved to a small shop where I can manage to pay rent. 15Fnt the balance on foLKt and care of my two childrni. l am also happy io support my ag¢ing mother with her basic need8. I have leaned skills are imF￿rtant in life and doing something foryourself is imN)rtanL Because of the favour I received. I have also started trdining other girls on how to make drws and I hav¢ re￿mmended 4 of them for training. If this dangerous disease had nol wme (Coronal I would be doing much better. There is always another opportunity in life.- Pa8e 7 of 16 FlTrawial Review AcrivTrties on p4e 10. the tsalar￿ Sheet on p4el l arnl nc ￿lIanthro[￿¢ c￿lbu￿r￿ from tru#ees aThd fri￿d$ of AC w This silentcontritmrtion in the Tr￿¥￿tion to ACsgro*th aThl lths Ctsxirm￿d to playa rrAior role. VolLmtsry service by the E¥ecuuYe ￿'reCtor crEateil the ￿￿￿tt.needed hours to ffAna8e opernoons. induding l# April 2020 opening 31# March 2021 Closing balances value of Unresrricred 1.456 1.547 2Q073 {9.332) 10,741 Totsl 23.077 The forei￿ atrrew rthmtted drecdy to fund T4¥as £8S,1100 r￿e￿Ing 93 % of ￿ total cash income received by 3 IA Marth 2021. The atti￿ induded by UK offite Indudingf￿dlSupP0rt ￿$It$ to partner& In additi￿ ctintributh￿ in kind estimated at £76.025 was spent on charitable activitTr conwared ¢0 £46.459 the preYit>u5 Itar. as dirett Profession￿ C￿rtrIb￿ by trustee& managemen¢ and well.w5htr In surTW, of the £177.914 In￿rrel Mi the >*r. £111 J79 (99J%) was on tharIt￿* actyvityes thus keewng our vision of spwding over 95% w th￿Itab￿ activ*ies. Efficient wilisation of Volunteer St￿lents Flayed a nmior rde to thi's SLKce Risk Review operdtions. To nwopte these ri5k& Asecondchance WTknked on an ambitiws plan to prepare for building of its parthe Page 8 of 16 In preparin& those ffinanci￿ statements the i*rectors are required to: a) select suiratrAe ac¢ountin¥ polioe5 and then appty them consisrendy. b) make judgments and estKYAtes that are reasanable and prudenL c) stste whether applicable UK Accounting Standards have been followed. subject to any material departures di5dosed and explained in financil ststements: and Prepare the financial 5¢acements on the 8￿8 concern basi5 unle55 it is inappropriate to assume that the chariry will cononue in busine The dir¢¢wrs are responsit4e for keeping proper acc¢)untm8 records T*•hich disdose. with reasonable accuracy at any time. the financial posi￿n of the Charity and enable them to ensure that the financial statements comply vitth the Componies Ad 1985 to 2006. They are also responsible for safeguarding the assets of the Charfty and hence for oking reasonthe steps for the prevention and detecdon of fraud or other irregularities. Members of the Management Commlttee Members of the management coMm￿tee. vtho are direcwrs for the purpose of company kaw and trustees lor the purpose of tharity law. Served during the year and up to the da￿ of thLs report are set out onpage l. In accordance viith company law. as comp3nYs directors. we ceryify thaL the finaTrcial statements give a true and lair view of the state of the ¢harity's offairs as at 3 1st March 2021 and of irs irKoming resources and applicauon of re5ource& including its income and expenditure. for the year then ended: the financlal s¢atements have been property prep¥ed in accordance with United Kingdom Generally Accepted Accounting prarti¢e applicable to smaker entitie& the financial statements have been prepared in accordance with the Companies Act 1985 to 2006 the infom*tion 8iYen in the Trustees. Annull Report ts consistent with the financial statements. A5 directors of the company. we have taken all the step5 that we ought co taken to make ourselves aware of any relevant financial inforniation that we need to ￿ the year. Independent Examkner As a charity, Asecondchan¢e was registered in January 2009. By 31 st March 2020. the charity had a total turno¥er of £142,217 for the year. For the current year. the turnover increased to £167,126 resuking from valuation and inclusi¢)n of in-kind contribution Irom friends and Trustees. The chartty has therefore involved an Independent Examiner to look at the accounts. 05 10, JJ21 Approved bythe Trustees on......... ......... and signed as authorised on their behalf by. ChaA s Echessa (Tpustee) Page 9 of 16 ASECONDCHANCE (A COMPANY LIMITED BY GUARANTEE) srATEMENT OF FINANCIAL AcnvrriES FOR THE YEAR ENDED 31 MARCH 21 In￿rporatI￿ Income & Expendltyr¢ Awwnt TOTAL 20ZI TOTAL 2020 Funds Fund5 Incomiw Resources from Generated Funds Value of Voluntetr ￿me 76.025 76.025 86.459 CharitsNe ActFvities 3b 2.131 88.970 91,101 55,758 TOTAL INCOMING RESOURCES 131 167 126 14 217 RESOVRCES fXPf14DED Costs of Genernting Funds Costs of Generdting Inoyne 3,787 Co# of CharitstAe A¢tivities 2.657 174.327 176.984 130.438 Governan￿ Costs 930 930 1,042 TOTAL RESOURCES Ex￿NDED 17 327 177 914 135 267 NET INCOMIN61 (OUTGOXIIG) RESOURCES {IH56) (9.332) (10.n8) 6.950 Total Funds Brw9ht Forward 20.073 23,077 16,127 TOTAL FUNDS CARRIED FORWARD Movements on all reserves and all gains losses a￿ atove. All of the (xyanisatlon's operdthms classed as crmty"nurng. The notes on page$ 10 to 16 form pjrt af these finarti)I statements. io ASECONDCHANCE (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR TNE YEAR ENDED 31 MARCH 21 Unre5tritted Restrlcted 31•M•￿21 31-mJ￿2o Funds FuTrJs Totsl TOtsI Flxed Assets Tan￿ble Assets 1.971 1.971 Current Assets Debtors & Prepayments Cash at Bank and ￿ Hand 3.502 7.745 11.247 23.721 Tibial Cuvvent Assets Creditors: amounts falling the withln Me year 930 930 930 14ET CURAEMT ASSETS 2.572 9.716 12,288 23,077 Long Terni Llabilities: amwrt (k* in more than one year 572 288 Totsl Funds of the Charlty General Funds Restrlrted FuThJs 1.547 1.547 10,741 3,004 20,073 10.74A For thè finantial year er￿Ing 31 March 2021 the tharity was entit￿ to exemption from audlt uTrJer sectlon 477 of the Companles Act 2006 relatlng tQ smal Compan￿5. Directovs responslbilltle5 '. . The members have rhx requlred the Ltsrity w obtaln an aL￿tt of *5 accounts for the year in question in aCColdan￿ wlth section 476 . and . The dlrertor5 acknowledge their respons11￿lItieS lor complyfjng with the requlremwts of the Att wlth re5pert to accounting records and the preparniion of acc(yJrt5. These accounts have been prepared in accordance with the provisions applocable to companles subject to the small companies regime. The finzntial stateM￿ts on pages 11 to 16 ¥yere ap(￿V￿j by the TTUStees. and aUthw￿ed signed on their behalf by: Approvetd by the D)rertors on the ......... ia.11-2011 Slgned on thelr behalf by Dlrector....-. li Prfjnt Name . ASECONDCHANCE (A C014PANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL sfATEMEfiTS (contlnued} FOR THE YEAR ENDED 31 MARCH 21 2. TANGXBLe FIXED ASSEIS TOTAL 2021 Cost Additions Oisp05als 01-Apr-20 1.625 2,342 1,625 2,342 Cost at 31-Mar-21 Depreclation Disposals Charge Depreciatlon at 01-Apr-20 1.339 1.339 657 657 31-Mar-21 Net Book Value Net Btsok Value 31-Mar-21 31-Mar-20 1,971 286 1.971 286 3. INCOMING RESOIJRCES TOTAL 2020 Fund5 Funds 2021 Value of Volunteer time 76,025 76.025 86,459 b) Income from Charftsble Actl¥ltles other Grants 2.131 88.970 91.101 55.758 131 970 12 ASECONDCHANCE (A COMPANY LIMrrED BY GUARApifEE) NOTES TO THE FINANCIAL STATEMENTS {¢ontinued) FOR ThE YEAR ENDED 31 MARCH ZI RESOIIRCES ÉXPENDED TOTAL 2021 TOTAL 2020 Funds Funds a} Cost of 6eoeratkng Xnc4Mn¢ Fundrdi51fWJ 3.787 TOTAL 2020 Fund5 Funds 2021 b) Charltable Actl¥ltl•s Grants to partners Personnel costs Other expenses Travel Office utilities Office rent & council tax Stationery & printing Partnet support Vlsits Telephone & Internet Bank charges Depreciation Value of Volunteer Time Loss on disposal of assets 85.C 85.000 30.000 144 300 2,840 931 5.306 350 5.384 519 5,665 280 519 5,665 1.332 122 1,332 122 657 76,025 3.368 61 95 86,459 584 657 76,025 174 327 e) GovenwKe Costs Independent Examinets Fees 930 930 1,042 930 930 13 ASECONDCHANCE (A COMPANY LIMITED BY GUARAp¥fEE) NOTES TO THE FINANCZAL sfATEMEKfs (Continued) FOR THE YEAR E14DED 31 MARCH 21 Balant• Balance 01-Aptr20 Incr￿1￿ ExpuMIi￿re Transfers 31-Mar-21 unrestritted fimds Restrlcted funds 131 3.135 7.745 20,073 12.328 131 328 The Charitys cash rtseThes include an 0￿m)UTrt representing the b)kn￿ rA the restitted fund. Prlor Y•ar Balance Balance 01-Apr-19 Inccfft Exp￿di1￿re Trnnsler5 31-Mar-20 GENERAL Unrestricted lunds Restricted funds 3.004 20.073 13.123 6.950 127 14 ASECONDCHANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 21 6. CASH AT BANK AMD IN HAND Unrestrirted Restricted Fund Fund Total Total 31-Mar-21 31-MaTr20 Cash at Bank 3.S02 7.745 11,247 23.721 7. DEBTORS AND PREPAYHEpirs Urtrrestricted Restn'rted FurKJ Fund Total Totsl 31-Mar-21 31-Mar-20 Sundry Debtors 8. CREDThORS AND ACCRUALS: Amoupifs FALLING DUE WITHIN ONE YEAR Unrestmrted Restrirted Fund Fund Total Total 31-Ha￿21 31-Mar-20 Sundry Creditors Independent Examiners Fees 930 930 930 930 930 930 9. RECONCILIATION OF MOVEMENT ON CApfrAL AND RESERVES The Company is ￿MIted by Guarantee and is a Charity re9iStered with the Charity Commission number 1131446 and is not, therefore, subjert to Corporation Tax and does not have a sha￿ capital. 2021 20ZO Profit / Deficit for the flnancial year other Recognised Gains {10,788) 6,950 Balance Bmught Forward 23,077 16,127 aosing Funds at 31st Marth 2021 15 Report to the trtrtees/diFE£tty5 of Ase¢￿0 chan￿ LTD on the accounts for the year endtd 31st March 21 set ¢￿t on page5 2 to 7. The tharity's trttstees con*der that an is nrt wequired for this ythr (uThJw Seth"f￿ 14412) of the Chorities Att 2011) and that an indeperxlent exam￿atiOn 15 needed. It is my ￿sibIlIty to.. to ftjtlow the pr£￿edu￿$ laNJ (kn¥n In the GeneTrl lkn#kns givwb by the Charity Commission (under sectaon 145(5)(b) of the 2011 Act). and BASIS OF INDEPÈMDEMT EXA•IIIIEli'S sfATEMeiiT My examinatK)n was carried arx01dan￿ Gwal Dirttticffis given by the Charity Commiswner5. An examinatknn includes a ￿Se￿ of the accounty.ng rEcords kept by ihe oryanisation and a compari9)n of the accounts esented Wbth Ihose recorts. It al￿ include5 cOns￿eration of any unusual items or dix10w￿ in the accounts. and see￿"nU explanations from the tnjstees c￿Cem1￿3 any s￿h mattws. TPte pr￿edu￿S vndertaken do not provide all the eV￿en￿ that would be required in an audiL and conseqvertly no •%nion Is given as to whether the accounts p￿sent a 'true and fair ¥lew' and ihe rekx%t is limited to those rnatter5 set wt in the ststemt below. IIIDepENDEIIT EXAMINER'S sfATEMEln l. whlch gives wgJn4ble cause to bElieve that in. any maierial resprt the tnjsiees have not met the requlrements to a19Jre that: • prnrer act￿nting reoyds are kept (in accordan￿ ¥Ath ¥iKXI 130 rfthe Att); and accounts are whKh a9kEe ¥￿th the accounb.ng retDThJ5 and comrly with the atcountin9 requirements of the Art: 2. to whlch, In my opin1￿, attenth)n SlKwld be drawn in order to enable a urKle￿an¢11rtsJ of the accounts to K G¢yrw MAAT IndÈpentlent Examiners Ltd Uftit 2,The Broadbrty Bvsiness Ctntre Delling Lane B05ham P018 8NF Signed 1811012021 16