REACH CHARrrY LIMrrED (A COMPANY LIMrrED BY GUARANTEE) Reach ANNUAL REPORT AND ACCOUNTS 2022 - 23 Covering the period 1 March 2022 to 28 February 2023 ANNUAL REPORT 2022~23 The Trustees of Reach Charity Ltd are pleased to present their annual report, together with the financial staten*nts for the chanty for Ihe year endirwJ 28 FebrL￿ry 2023. The Trustees are also Dire(aors of the Conw•w for the wrposes of the Companies Act 2006. Purpose and Impact Reach was éstablished to pmvide wpport for ¢hIldr￿, and th•lr famllles, wlth upper Ilmb dlfferenceg. to help them feel comfortable in their own sktn and to live their lives wilhout limits. The main activities carried (xrt in Support of these clwitablo PUryKJSeS are.. Organiwng events that ￿Ing children with upper limb differerK4s together with oth8fS. bolh al a Iixal branch le￿ and at our annual Re￿h Actiwty Week for seo)rKJary- school aged children, and Family Weekend. Providiro support to parents of children ￿ryth uppr ff mb differences. through ne11￿￿$ ol others who have had similar expenences and can share th￿r learninq and understandlng. Provldiry publlc Infonnatlon to heatth pr￿e￿Onal5 on how bestlo 8UPPOrt children with upper limb thfferences and their parents. Provlde Bursary grants to help ¢hlldren ￿￿th upper Ilmb dtfferences and young adults Tmth adaptation$ thal enable them to pa￿CIpate in their chosen occupatJ'on$. In sh8PFng our obp&iYds and activrbes. the Tw*ee8 have I￿31dered the Charity Commission's gUIdar￿ on public benefft. including the guidanc8 'Public Benefft". running a charity.. The Board of Trustees extrnmety giatefvl for the hard work crèativity of our vduntèer$ and staff for averything they have done to ensure Reach (x>ntinues lo provide a positive difference to many families this yèar. We currently have more than 600 thildren arKI young peopl8 With upper limb drfferen￿ with•n our conwnunty. Our Vislon and Values R&gch Is a Irlendly, caring for incr8Jtble Chil￿ and their incredible families. We give support arKI informalion to inspire and buikl We offer fun aclivthes to encourage Reath children to airn tygher. whatebtr their age or ability. Reach is. po$iliNp. Even in th8 darkest moments, we wart Reach to b8 8 ray of hope in rwr members. Itves. We see Ihe in ejl Reach ch4dm and celebrate their abilrty, never fo￿SIng on disabilty. sJbi.')o#ibe We recconise that different f8nwlie8 diFferent levels of 3upport, and we taitor our apprc*ch to suit them. We're there to provKle reÉources, support and pr￿tiC￿ a(fv*%: whatever our familles tdl us th Rea-,h is Our members are amaziro. and wo Shoul al)out their achIeve￿onI5 knr we can. We share SUCC8SS Stories and hero those 'woW moments, bi9 small. to shtrw families just what our inOpt￿l trustee is subj￿1 to election by the memtr*rs at the next annual general meeting. A third of 811 other ser4ing Trustees retire at each annual general meets'ng but can stsnd for rtrelection if the rest of the Trustee Board sup￿ts their nomination. The Trustee Board deds, Irom its m•nts3, three officers: a chair, a ViC￿ha1r. and a trnasurer. The Board meet on 8 quarterly basis, with sub comitees meeting as Tequired lo look at speafic priority aréas (Fundraising, Governa￿e. Management, Fin￿￿, Ifeland, and Heahh professionals) and discuss issues in more detal to admse the Board. The Board aims to make decis￿)nS by consensus tArt, in the rare eNenl that this is not possibl8. de￿deS matters on a maiorty M)te. All Trustees are tound by the principle of colleLtive responsibilty- that is lo say. have 4reed to accept a decision of the Lwrd. even rflhis was not their perSC￿81 Tr*rythV. The Board delegates most of the day-tw oper*1￿￿ management of the ehanty to the Oper*ions Lead {known as National Coordinator 2022). The Board dekgates deo'sions on the award of bursaries to the independenl Bursary Panel. The Board has 8 risk register overseeing manajing risks to the d￿nI￿$ operation. This is reviewed by the 8oard at least quarterty, and nK>re frequ￿tlY as e￿nts r8quire. In JanLtary 2022 the Board updated its stralegic pyiorilies for the perioj 2022-27, to bring greater danty and fc£us to how Rexh furthers ils charilablé wrposes: Ral80 th• profilg of Ilmb dlff•rnnco, to help Improve confiden¢x of Iho8e living with an upper limb drflerence to be able to live th￿r fives wittmxrt limits. Run a senes ol highqualty actlvltles and programm•s. to bring tcyether andlor 8UPPOrt children and young pwle with upper limb differenc£s to help improve their confidence In b8irKJ able to live ihelr lives With¢￿ Ilmits. Improve communlcatlon wlth, and support for, our stak•hokl•rn, so that every new parent and thild with an Ipper limb difference has io support when t ne￿1 it. Develop our lundral•lng 8tratOgy aThJ InGrna•e the stablllty of Incoffl8 for R&%h, so that are resourced to cwry out a range of posilive 8UPPOrt lor our ben6fi¢iaries. Strengthen our corporat• gov•rn•nc•, so that we piotect thè charity by conwying viith the law and furthering our ch8fitabie purpo8e3. Trustses, Respon8lbllltle8 The Twstees (who are dso the dirncknrs of Reath Chaiity Limrted f(x the purpose of company law) are resFonsble for prep8nng the Trnsteas, report and financlal sL9ten￿nts In accordance with appIl￿ble law and regulalions. Company and charity law Tequires the Trustees lo prepare finandal statements finanaal year. Under company law the trustees must not apwoN* the financa81 statements unless they are satisfied that they a true and fair view of the slate of affaits of the charitable company and of the Incoming resou￿￿$ and apF4icats'on of r88our¢es, indudir¥J Ihe income and expenditure, of the Charitable Company for that period. In preparing financtal statem￿ts. the Trustees are required to". • select suitable accountirKJ policaas ￿ then apply them COr￿l￿enty. obser4e the metho(ts and princiles in the Charilies SORP; • make judgements and estimates that are reasonalk and pruderrt., stste whether applicable UK A¢xounts'ng Standards have been follu4ved, subh# to any material departures disdosed and explain8J in the financial staerrftnts" and • prepare the flnarrial statements on the wlng u)ncem basis unless il is inappropri8te to presume that the chanty will continue to operate. The Twstees a￿ responsible for kw'ng proper accountirKJ records that are suffiTr'ent to sho and explain the charitable company's transath'ons and disdose with reasonable 8￿racY at any time the finanaa Posbtion crfthe d*riiable company aThJ enable them to ensure that th8 financial statements comply V￿{h Companies Act 2006, the Chaiities and TNstee Investment (Scotland} Act 2005 ar%1 the Charities Act 2011. They are also responsible for $8feguarding the assets of the charitable company and henc£ for tskTrng reasonable steps for the prevention and detectlon of fraud arKI other irregularitses Branch Network The bad(￿ne ol Reach is our 18 Brarths (17 branch85 2022) Ihroughtyjt the UK and tha Republic of Ireland. Led by 27 dedi(xted Branch Coordinators in 2022 who organise regional events for our n￿rnber8 8nd prrmde support to new arKI existing Reach families via the teleplK>ne and fa¢&t&lace meetsngs. Theso are often the only experiences some of our Re&h childrfjn hwrfe of meeting with other children with upper limb dfflerence. The opportunty lo connect with others wrth similar drfreren￿$, and to realise that they are not done is invaluable. And, for th&r parents. the opportunrty to leam from the experience of other parents 1$ important in supporting thelr chlldren grow up cx)nfidenl in their gbilty to live their Ives ¥*ithout limit8. To remain in line with the Republic of Ireland's charity and ￿mPanY rules a new Company- Re%h Ireland Lld - has b••n registered. is being as￿￿1$he{l and registored *ith the Irish charity regulatoryd. Hlstorfcally all Branch fin￿￿8 been 80Y￿nted lor wrthin 1he Re￿h Chaiity Ltd annual 8cc¢unts. A Separate bank acccwjnt has been mginiained in Ireland, denoffinated in Euro8. On completion of the registralion requtrements the lunds held In the Irish ac£ounts will be fOrn￿llY transferred to R8Bth Ireland Ltd For aC￿inting wrposes these funds are shown in the current accounts as'desKJnated fund$'. Nolwithstanding this regulatory ¢haNJe the Irish branth t•mains rn￿h port of our Reach family. Highlights of 2022-23 Thi8 h88 beén an exciting year for Rexh as we (xjnlinue to expand our acts'¥ities following the Covid shutdoMI period. It has aFso Lwi a wiod of thange 88 we look to the continued future of During the year wo saw 8evaral changes to ¢)ur Truth Board to ensure we have the correct balarKe of skills and lrfe experience to move forwafd, and to incxease the Support we can give to our members. We have Succee￿ in recruth.ng new and younger professionals as Trustees with skills in areas seen a8 important to the Charity. induding finance, legal, fundraising. PR. medical pn)fessionals, and importanly io us- indudes several with experien￿ of living lrfe with upper limb difforen(%. The Board has a batance of eXperien￿d Trustee5 WKI members ne4V to trusteeship. This balarKe of new and ensures ￿ have a Board that can fLIty feflect views of our membership, provide a wide range of skills and professionalism in key areas, and guarantee the future oflhe Charity. During the year we have also seen a in employed staff, with groat kn(Asledge arKI experience of working within the chanty sector. We are constsntly amazed ty their skill and commitment. We have rene+￿￿ our relationships arKI contracts with exlerrnl profess￿n818 suth 83 our legal advlsors 8nd 8ccfjuntants. editors of our member mag82in8 Wrthin Re&h, and media production professionals. We have aso app(Mnted a w Soc4al Medla Man&Jer to refresh and rn￿e our Social media outlets, with astonishing succ8ss axl grcNrth in fOll￿wers. Fa£ebook engag8ment has grown by 73%, arKI Instagram by 49%. Together with welkpro%*n profe$8ional experionco 88veral of th888 8180 have Irfe experi￿ of Ilving wilh uppèr limb differenc¢. Their c£mmttment and support of Re￿h is OLrtstanding. Annual Famlly weekend and AGM - October 2022 Reach's Annual Family lfyknkend Is one of l%ff) llagship in the Chanty's caleNlar. Building onlgst yeals succe8sful virtual Annual Fwnily Day, thi8 year we dolivered an Annual Family Day as a hybrid evènt, with a host of guests in a studio and bea￿￿d actoss the intemet on a b88poke platform io connect with Reath men*)ers across the UK and Ireland. Some 300 families were able to slmurtaneously live slream from home Ihanks to the Incredibl8 orchestration of James jC￿es. JJT SeM(x8. and c￿tt08t￿y by the ￿erful Alastair Greener and Reach Amb8S8&Yor, Ella Dicken￿. Guest Speakers indud•d: Riichi E*thvards, Frank Letth ￿ Melissa John8. Research team (Ruth Lester-Reath Trustee arKJ rotired Plast￿ Surgeon, Emma Gilw"n -Paediatric Nurse and Reach Mum. and Ot18 DUn￿n -PBycho8OC4al Nurse Practitioner) preaented findings from the Early Parental Experience Study. Roach member and tromlx)nist, St￿n Hayn8$ spoke ab￿rt life, muslc. and mentsl health. Paralympian Pathway Mantyer Alisdair Donaldson and Reach parent Hannah Palin talked ab)ut advanGements being rrk%le in cyclirvJ and cycliTha wostWics 8nd the detemiin*ion needed to make those advancements. Reach Activlty Week August 2022 The Reach Actibryty Week (RAW) is sec1x￿ Ilagship evwrt. bringing lowher secorKI8ry schoc4-age chIld￿n with upkw limb drflerenw ty a groLtp of oWad￿t mentorn- all with upper limb differen￿. The week-10￿ aventure repfesents the highlight of the Re￿ yearfor many of the partiapants who cthn come b&k year after year. This year 33 Reath thiklren took k*rt at an outdoor ￿t￿lty centre near Birmingham. It is ai 8bout 8Lthty. not disabilty, as they take part and leam skills in a wide range of outdoor acliMties aTrJ learn that anything K8 possib181 The time spent together C￿￿sIde the forma adiwty sessions is just as important with peer-bondiThJ and the OPFQrtunity to discuss any issues they have experierwl in thLyr libw. Try tying your shoelaces one-handed and you will see what this means! 'ltre found that alt1￿Ugh tough limes In life mTght have seeTr*d insUM￿untab1e in ihe moment, th8y have alwa￿ been the SOU￿ of huge Pe￿onal grokvth and can be a bles&ng when shared wilh others the same path as you. Both as a way of knowry that they ar8 mt 81one and that the￿ is a￿ayS light 8t th8 8nd of th8 tunnel. 11 anyp8rent is u)nsidering whetherto send th&rchild to RAW nextye8r, I pronATse you wonl ￿g￿t it. Tony Addison, RAWMentor RAIK24 is already booked far &13 August 2024 eady interest irKlths this will be even mote successful 88 our young Feoth and f￿llieS gan ￿rfden￿ after tho Covid pandemic and want to t&k8 part. Tyncae Family Camp The Tyrw annual 'on the fam). f8mily camp for Reach thildren their families w85 heSd again this year. This has been the gift of the Davies, family to Reach for our families, allcming them to come together and enjoy fun and games in a Telaxed environment. This was the 25" year for the ¢￿p. Sadty. it may be the last 83 the Davies, are retiring. We remain extremdy grateful for the supwrt and dedi&qtion th have shown our Reach families for a quarter of a century- they will be a hat(1 xt lo lolb*. We bMlI looking at options forth8 fulure for sin*T events. Regional Weekends FollowirKJ feed￿ from the Branc*￿ arKI our rnenknrs trK> regional family weèkends were held during the year as a pilot. These prowj very popular. being run fr￿re Ioc811y than our major national events. We will ￿ looking to expand these going forward 7Aith 1he arrlxlion to run these thro￿hOUl the Country. Reach 18-25 Our new Board of Trustees indudes young professionals with life experience of upper limb difference. Clcoer in age to our teenage ffffiibers they recojnised a FQtents'al gap in delivery and began to consutt with members aged 1&25 aLx)ut th&'r nee(ts. Bursaries People with upper Ilmb differeTK*S issues nol encY)untered by the wider ￿pUlation. These often require the need for person-SFeafic adaptatiorts or the pU[c*￿se of spectalized equipment. All of these have a cost. which 12n t* a barrier to some fanmfies. The Reach 8urnary Schem8 was set up to Iplp remove or redu￿ baftiers ass(￿1￿ with upper limb dffierences. Members are wel¢x*ffE to make an application for assistance for speofic needs. The most common of these is for adaptations for driving Ixrt have also In￿L￿je0.. ￿'ke alaptab'ons, adapted musical instrument8, par& ath￿e equipffEnt and eNtnt costs, ffrf)dified laptops, and attendar RAW. Award decisions are taken by an independent panel with pr(rfessional knthvleth36 lived experienc8 of limb diffèrence. In 2022 a rewew of the Bursary Stheme was undertaen with repreSenti￿1ve3 of the Bursary S¢heme as part of a wder ongoing programme lo wew all Reach charitable &tivities to ensure they continue lo align fully ￿th the tharity's Obpcts aTrJ the Charity Commission's guidan￿ on Public Beneffts. Th8 revlew confirmed the v81ue of the Bursary Stheme 88 a vital Part of how we support children and young people ￿1th upp8r limb differences, and refocused the application fonn to enab epplic4nts to provide dearer infom)ation to deryK)nstrate how the thing were s8ekirKJ support for would remove or reduce a barrier 8880¢￿ted with their upper limb dThIeren￿. Provlding support to parents of children with upper limb differenc08 Our staff team and v(Aunt8er parents (x)ntinued to offer tel0￿(￿e email support to existing mbers and prospective nthv membets as well as dealing with queries from the public and from health professionel8. Being able to connect new parnnts with acces3 to experience and supm)rt from other members of the limb dIfferer￿ communty is a Import￿ part of our work. Social media Rèach ￿ntinueS to be aclive on social rreda. As as our publ'c srtes we maintain pnvate sites Such as F&ebook and VthatsApp uso of ¢)ur Branc￿ ¥KI to ensure we are GDPR compliant and resF¢cUul of ryjr members. In addition, V￿ use Instagram and Linkedln to incre8Èe wbli¢ thvareness of upper limb drffe￿ncts, the support avail8￿e, and to re￿h new ffEmbers. heathcare Fyofessbmals and p)tentkg1 funders. The dosed Fa(*book groups are very well used for conNnunic81ion between families, asking for advw or suppJrt, as wetl as cel&braiNJ the Ivins.. The c4c6&J Branch F&ebwk groups aTrJ the Branch IWhatsApp gro￿5 lend lo be used for inf0m￿tIOn localy. Our new Soa81 Media ManaJer is lo undertake a revi￿ of all our SOCkg1 media oullets to bring them up to date and increase user accessÉbilty. Financial position Our annual financial accounts fcf the ￿rt0 February 2023 are attachwj to this r6pK)rt. Like many charities many cl our usu81adivt￿S were u)8bk to go al￿1 during the Covid pandenNc period. This affethd bolh events and S￿￿e fundraising adivities. Hobvever. we continued to receive amaarKJ support from I￿r members and supporters in holding many smdler local events and received many donations in support ol the Charity. The resum vms an accumulation of fuTrJs in eX￿$S of our ReSer￿S Fdi¢y. The last Annual Accounts to F8bfuary %J22 ￿ported a small, plann&J deficit for the year as accrued funds were utilized in running actstrities n%eting our charitable Pufposes. tt was anlidpated this would continue in this finanaal year. However, we have been arrAzed and deltgmed by the 5upF￿ of our ffffiibers in 8rranging multitude of fundraising events. meaning our income exceeded all our expedations. At the samè tlme the need to hold the Annua Family Weekend as a virtua event meant costs ware below expectations. Overall, this has meant that the accounts report a net inc4)ffo for the yw of £23.937. Fundraising Incorr￿ in the ujrrent str8ined fimniaal environmwrt canies a measure of uncertainty, and the Trustees need lo act in a prudent manner to ensure the future of the Charfty. The Trustees are planning how these funds ar• best ut11￿0d in mooting our charitable purposes whilst on$uring protecting the future of the Chanty. This includes the Fthntial to devebp further regional e%ents and increase financial support to our Branches in holding more local events. ALxordingly. the next ￿ntbng year is antIap￿ed to skK)w planned deficit as fvnds are used in running these evwrts. Re8erve8 policy AS a charity, Re￿h.$ first duty Is to Its b￿aficia￿88- current and fulure. All the chartty's money mugt b8 BPOnt to 8upport th• ¢haritabl• wrpo4•8 8•t out in our Arlicl•8 of Assooatson. The Board of Truste88 has a duty to act in the interests of the charitys curront and future benefie4aries, including ensuring that the charrty is capable of meeting all its ￿ntraCtual obligations and liabilities. This means, at Ihe most exlrem8. ensuring ihere are suffi Lee Gwilliam (resigned 04105r202 Key Management P•rnonnel: Deborah Bond, National Coordinatorlcompany Secretary (until 2010712022) Andrea Lee, Interim National Coordinator (from 25107120221 Indepondent Examknw. Andrew ￿ng, Accountants: Wings. Chartered Accountarrts, Unit 1. Pearf, Assurance House, Ell>ow Lane. Tavistock, Devon. PL19 OBG Bankorn: CAF Bank. 25 Klngs Hill Avenue. Kings Hill, West Malling. Kont. ME19 4JQ Cowopwats've 8art. P.0. Box 101, 18alloon Street M80 4EP In preparing this report, the Trustees have tsken advantage of thè small ¢ompanies' exemption provided by section 415A of the Companies Act 2006. This report was approv￿ by the Trustees on 14th of November 2023 and signed on thelr behalf by: VKe Chair Gary Phillw)s Tffjasurer Phlllp Robert8 li ACCOUIITS 2022.2023 Indewxlent Examin*s Report on the A¢￿Unts for the year ended 28 February 2023 I report to the charty trustees on my examina1ion d the aLrourts d the company for the year ended 28 Febn￿ry 2023 which are 8et out on pages 15 to 25. This re￿rt is mad? solely to the Trustees. as a body, in aojxdance vfith section 145 ofthe Charities Act 2011 and regulations made under sedbon 154 of that Act and Regulation 11 ol the Charities Accounts (Scotland) Regulations 2006. My woth has been undertaken so that I mlght state to the Trustees those matters l am required to slate to them in an Independent Examinefs rewt arKI for no other purpose. To the fullest extent p8miitted by law. I do not ￿cept Of assum8 respK)n&bilty to anyone other than tho ¢onyany and the ompany'6 Trust8a8 as a t￿y, for my work or for this report. Re$ponslbllltlu and bas1• ￿ r• The ch8rity'stru*ee8 (who are also the direckns ofthe ¢haiitaL4e corrp8ny forthe Pu￿$83 of company law) a￿ responsible forthe preparats'on ol the accounts in ac￿rdanCe with the requirements of the Charitses and Truste8 Investment {Scotland) Act 2005 {'the 2005 Act'i, The Charities Accounts (So)tlandl Regulat￿nS 2006 (as amended) ('thè 2006 Accounts Regulatlons,) and the Companie8 Act 20(kS (Iha 2006 Act,). Having satisfied mysell that the xc¥)unts of the C(xnpany are not rewired to b6 audrtod under Pari 16 of Ihe 20C6 Act and are eligible for indepeThlent examination, I report in respect of my examinthon of your chanty's account$ 88 carried out under section 145 of the Charities Act 2011 {'the 2011 ACY). In caryirwJ out my examination I have fr￿lOwed tho Diredions given by the Chanty Commission ur¥Jer sedion 145(51 Ib) of the 2011 Act. Independ•nt •x•mln•rf8 Stat•m Slnce the charity Is required by company to wepare it$ *o)unts on an accruals basis and is registered 88 a charity in Soxiand your examiner must be a member of a body listèd in Regulations 11 {2) of the 2006 xcounts regu￿.on$. I can confimi that l am qualified to undertake the examinth'on t￿ause l am a r¥'stered ments of ICAEW. which 18 one of the listed bojies. I have compteted my examination. I ctsffirm that no coTr to my attenoon In connection wrth the exaffination giving me cause to ￿lieve. 8¢counting r￿ordS were not kept in resF*d of th8 Company as required by section 386 of the 2006 Act and Regulalion 4 of the 2006 Accounts Regulations,. or the accounts do not t<£ord with those records and with wiuntiro requirements of Regulation 8 of the 2006 A(£ountsng Regi￿atr.0ns: or th6 a¢xounts do not conwy with Ihe a¢xounting requirements of section 3* of the 2006 Ad other than any requirement that the accounts giNe a Yrue and fair which is not a matter conspJered as part of ￿ indep8ndenl examination. or the aco)unls have not b*n prepared in accord8￿ with the methods and principles of the Statement of Recommended p￿tice for accounting reportirvj by chaiFties prying their accounts in ac(yjrilan￿ with the Financial Reporting StarKJard applicable in the UK and Republic of Ireland (FRS 102). I have no concems arKI have com8 across no other matters in connection with th8 examination to vthich attention should be drawn in this report in order to enable proper understarKling of the accounts to be reached. 22" hJothSer 20￿ . rew WlnR FCA Wings Chartered A(XO￿ltants Unit 1 Pead Assuran￿ House Elbow La Tavistock PL19 OBG REACH CHARrrY UMITr> (A COMPANY LIMITED BY GUARANT￿} srATEV--' (INCORPORATING ThE INCOME AND EXPENDTfuRE Kcourffj FOR ThE YEAR BIDED 28 FEBRUARY 2023 Tolal Tothi 2022 Funds 2023 Income: 117.4A14 117,904 117,735 IrKome from charitstle ￿tIvitieS I￿)me from other tradlr¥J actbvths IFNestment Incorr Total InrAMno 25.570 25,570 56,220 326 12,179 40,679 326 170 602 eXp￿d￿re. PalslrKJ fijnds Chantsble actlvlt¢s )rt athlties Total txpendknr• 9,WJ 9),920 9,953 9),920 20,051 109,680 179 667 Net Incomel(wondlts•rn) •nd net movement In fvnd$ for the 23,937 23,937 (9,065) R¢condll•tlon of funds Totsl Ixou9ht fcThaFd T•>tsl lund$ ¢affrknd ftywt 214 141 238 078 224 878 214 141 The ststenMt of finarKlal ￿tmt1es lrtkKle5 am gBlns aThJ Ictsses r￿￿ed tn tre y. JI Income ZKKI eXp￿l￿Te from cfyrtnuirKJ artNitEs. The on p•Jes 13 to 22 fcym ￿)rt of these finarKlal slaten￿ts REACH CHARrrY LIMITED (A COMPANY LIMrrED BY GUARAI(fEE) BALANCE SHEEr AS AT 28 F￿RUARy 2023 2023 2022 Flxed Assets IntsThJble assets TarKJll￿e assets li 12 16,425 16,572 stc( 24 29,256 1,876 8,356 Cash at bank hand 210,984 Credltorl amounts falllry wlthln om y•ar 03 Ilet current a•Mts 17 214 141 16 0.573 14,305 21y),941 Deslgnated fijnds Restrkt& Income fv￿lS 16 214 141 The Trustees conslder that the company is ￿￿tled to exeniXMJI the reqUI￿n￿ts to have an ajdlt uTrJer the provlslLMS of secbcm 477 of Companies kt 21x6 fthe Acn a￿1 ffmibets have r￿uIred the company to obtrln an of Its accounts ts the lear In q￿tth In ￿c(￿lI￿ 476 ofthe Att. resw to accountlNJ reccxds and fc* pwall￿ fina￿181 statwwits ¥¥hth give a arKI falr vk*v of the stste of affalrs of company as at 28 Fetfuary 2022 and of its net re5cMJr￿ extVK*d for the yew In wlth the requlrements of $KUt￿S 394 arml 395 of Atta￿1 whth Ot￿fft Corn￿ requlranerts of the Companies kt 2006 rthrnj to finarKlal 5tateft￿ts. so fa as awlkable to ts cryry)any. Part IS of the Compan*s kt firkindal siatements v8e akycfyed ty tre TnJ5tees . l tsl ,, I¥v) slgnexl on thelr behalf, ty.. Gfr Chalr The notes on pages 19 trj 27 c( these finarmial stateft￿ts REACH CHARrrY Umrru (A COMPANY UMrrED BY GUARAPITEE) NOT[ - FOR THE YEAR 8IDED 28 FEBRLIARY 2023 l. Accounting policies 1.1 Basis of wrntlon of Flnandal Statajwts The finarKial Statements have been wepared In with kcwitiThJ arKI ReFrfJtiThJ ty charit￿5.. ststement of Re(L￿mended Pracbce arwtslje to dmrlties [ye￿ill￿ their accounts in accordan￿ wlth the FlnarKlal Repyts'ng Stsr¥Jard app1Kab￿ In the UK of Ir￿￿ (FRS102) (dfecllve l January 2015) - (Charlues SORP (FRS102)}, AnaThJal RewYUrrfJ StaKl¥d in ￿ UK a￿1 Rewi4lc of ]￿land (FRS102) a￿1 the Compants Att 2ChJ6. Advantage has been takffi ofdlsCk￿￿ pAeM￿liS as set￿tt wi FRS102.1.12 rwLlreffent to pnyu a ca5hfkyN ststemenL Reath Charfty Umked meets the definitkn of a Imefft ￿￿ty FRS102. Assets arKI a knitialty r￿nIsed at hIstc￿￿1 cost ￿ tran&iLkn unless OtP*wlse sta￿1 kn the relevant aCC￿ntir￿j polty ncts. 1.2 Company Sta￿# The company, whlch was lrK0rFffi￿ In K￿￿￿Yn, ts a Ilnltal trrf +Juarnntee has no share cap￿81. dir￿ of the C(Kn￿nY a￿ Tw*ees romed on p￿e 14. In the event ofthe company b•'ng wixwbj up, ￿ Ilatsk'ty In rw cl the guarnntee is Ilrni￿ to £10 per merts of the company. 1.3 Pund Aca￿￿1￿9 General furyjs are wwestiicted Ythich are avaIlal￿e fr* use at dlsuekn of tre Trust￿ In further￿ of Delgnatsj furKls comts of unrestr*W have bew set aslde ty the Trustee5 for rortkukr Restrkted fufKls are to te usa# In acccvthnce Y4ltri restrlrtth Irrp)s&l ty (h)vw. of ralslng and alministering th f￿%15 are tharwl aganst tt* fiwKI. The alm and use of each resblcted fuThJ 6 set out In the notes to the flnarth ststeftEnts. IA Income Ir£0￿ is recc¢J￿sed when the charity has to ttt knjs, any cThTrJitths auached to Item(s} of irmme habe be￿ met It Ls that ts* wlll be r￿e1¥&I a￿1 the amunt can ￿ Th*￿red rdratly. For legacies, entitlenmt Is t*n as the earfler (* the tlate whkth dttv: ttE ctorlty Is aw*p that wcb*e has teen granted. t￿ estste has t*1 finalisad aThl rK>tsftatth has male by the exlrutrfs) to the d￿Tty that a distrltyJtb)n wfill t* m*, ￿ %•A)￿ a dl4TiiKrtkn 15 from ￿ estaie. R￿￿pt of a kgw, whole or kn prt Is wctoi* the aft￿unt can be M￿SUr￿l ￿lIallY afKI ￿ charity tharty, or the chaity is awa￿ of grnntiTrJ of rycthte, aThJ the uiteria tr irKon* rff()3nitI￿ have not (A COMPANY LIMITED BY GUARAP{f￿) time of the drxbabon. 1.5 Inecoverable VAT 1.6 Expffidlture ExFthd1tU￿ is rects3risèJ I)￿e there b a lo2al or ¢￿s￿rts¥e cknlig0ti￿ to make a piyrrtht to a thlrd patty, it is [￿batr￿e that settlement will be requi￿d aThJ the am(Mrt of the rt4b3akn can rellably. Cost of ralslng furK15 compl* (* o)sts ass￿1￿ ¥Ath e*Mts the trganlses In order to r*e fiJnd5 ts fUrt1￿7*￿e of Ms ttyts. SupF#yt costs are t1￿ that as*t tre v•Jk crf the d￿rIty lyjt (b not directy unthrtake costs which gJPPJts tFE charitfs activlile5. These c05ts have ￿ L*os&J in Tr)te 8 to the ￿t￿￿K￿l 1.7 Apportlonmwt rf ¢oJts thne on the tQsis of tre S[￿ Ktivlties wlttln eactl COSt WknYJ. aFwUoned as fdlows.. staff on I￿)se athvfitles. For 2023, the f(4￿￿Tr3 have Ixen used: 40% tharltst4e act￿t*S, 45% SUPr￿t acb¥ibes arKI 15% ral* furth (2022 40% d*rttable xfjvltles, 3S% sw)ry)rt actfvitts arKi 25% rdi&rrfJ V¥lthln Reth cc4ts hjve been aFsuthThd as fo*M5." 9)% dwrltab* xtlwtles. IO% TrtslTrJ fuTrds 1.8 Intsnglble Hxed Assets and Amortts All assets costirnj mcKe than E51M) a￿ capitaliseA1. tntJ* f￿ed *atrJJ at cost less anhxtisatksn. Arnort1$ati￿ ts at a rate caknAatal to wrlte off tre o)St c¢ the assets, over the eX[￿d usefiA Ilfe on followirnj basis: l)atsLwse S Jears sirdight line 1.9 TaNJlble Flxed A99ets aNI Depred•t JI assets nKYe £5Th) we c*ls&l. off the cost of fixed assets. te55 ts estimaied resKW value. (w4er the expected usefvl INes the fdlowiro 5% redw tHIa￿e ICp% rthdrwj bal¥ EWIpF￿t (A COMPANY LIMrrED BY ￿ARAI￿rEE) 1.10 Opernting Leas Rentsls t¥ffitiNJ leases a￿ chw to the Statem￿ rffiFwKièl ￿r￿lI]eS a stra¥Jit IH)e basis over the lease term. i.li Stocks Stccks Yaw at the cost r*t re*tsab* after maklffj due for otksclete arKI slow.movlng Items. 1.12 Dobtors epayments are valL￿d at the amC￿t wepad net of any dkn￿nts d￿. 1.13 C••h at 8wk and In H•nd Cash at tonk rnsh In hand cath and slmxt term hbjhty fKwkl Sn4e5tnwts wth a shcrt matyrfty of three ff￿nths or less the date of acqulsltlC￿ of the (*p)4t ￿ 4mlkr ￿CCunt. Crgjltors provtsbJ)s are r￿C￿nISed where the dllrlty has a ￿ ctlh3atw)n re￿￿'ThJ from a ￿ went that will prOtki￿ resu￿ in the transfw d furKls to a thlrd paty tre arrthint due to settle the obllgat*)n can be nWSU￿ or eS￿n￿ted ￿raIsy. Credittys FThiSWMS we rMnally r￿nIs￿l at thelr settlement amwnt aft•- all￿￿j fcr a)y trade (kne. 1.15 For*n Curr•Ky Profit arthj ICGS In ftyn currertles are trans￿ Into stylkKJ at rdle tuHrKJ at the date of the tr￿$0(￿(￿. ￿lanetary assets arKI labfilrtles dgTr)nlnaled In fty*n currencies are trnnslat8J Into Ste￿I￿j at the dcsty rates at tr* ly*no #*et date arKI the exharye tsKluded ts) the wjfft arnl kjss acccuit. 1.16 Hnandal Instrumenis charlty has ftsthl assets arnl finarKJal Ikitiilt￿S cla kind that qualify as bax finarThil Instruments. Bast finarKial Instruffffits a￿ initiamy reCCor￿S0j at Val￿ aThJ subwU￿￿Y measur&1 at their setilement vabje wAth the bank ILNins, whth a￿ ￿I￿l￿ntfy rFW5ured at amrtised cost usirmj REACH CHARTfY LIMTru> (A COMPANY UMITED BY GUARAIITEE) 2. Income from Donations and Legacles 2023 2022 Glfts D(nattffj (Irth*s Cmts aThl l&Jac*s) Grft ald tax claimedlckimable MemtersNp &Jbs 82,751 7,333 72,752 6.173 117 735 3. Income from Charitable Activities 2023 2022 281 (260) Famlty weekerKI 8,711 4. Income earned from other trading actlvl 2023 2022 Furn1raI￿n9 e¥•its Marat￿lRunn￿ e¥￿ts ChallerrfJe event 42,533 7,251 11,420 26,5fA Branches Incoff Chrisimas cards AdvertkslThJ Miscelbweous irKcrt) 19) 247 5. Investment Income 2023 2022 Bank Interest 326 (A COMPANY LD41TED BY GUARAIITEE) 6. Analysis of expenoiture on raising fvnds 2023 2022 Promotional ttem a)sts Fu￿1rdI51￿j costs PR athiets MardbknlRunnlry costs Salarles & Wages PAVWNI 1,1 1,701 924 1175 4,354 1,657 14,860 256 321 107 1,163 Wlthln ReKh 7. Analysls of expendlture on dlrect charltable artlvltles 2023 2022 Famlty weekend RAW exp￿￿6ture CarrWng weekend Bursary grants pakl Salarles & Wages PAYEINI 34,706 19,567 345 1954 li,fA)9 22,330 20,058 8,247 23,776 410 514 123 15,740 965 6,659 10,858 287 I,b￿7 4,723 Branch meetlng5 Vdunteer eX￿nSeS & tran Insuran￿ costs Within Reach EXh1bft￿￿ costs 1,637 10,471 78 109 680 (A COMPANY UMTfED BY GUARAKr 8. Analysls of expendlture on support activitles 2023 2022 Salarles & Wajes PAYEINI 13,C61 20003 359 451 323 143 16,940 1,038 Poerq staff costs R￿ltment costs Tnjstees, tra￿ ex￿ff Staff exFthses & Tnjstee exr*nses other 1,758 4,291 3,498 1,914 738 981 783 1,084 In9Jrnrte a>sts Tele￿)r￿f3￿lefflall Postage StslJ¢Y 1,502 79) 397 3,725 167 1,044 1,036 gJbAe Mptkyis 35 463 1,059 Amortlsatlon 1929 4,010 3,255 2,235 Bank charges FO￿￿n (g*ns)IhMes Pmfessknnal & consLthrKy fees Bank Interest pokl Trustees [￿ng eApenses 13,977 240 9. Net Expendlture Thls Is sts&%l after dwrylng: 2023 2022 1,036 250 1679 2,898 current advlgy I[KIeperKJ￿t exam1F￿5 F￿comrA1anQ sff¥kes- prevlous No payments were m* to dirt(￿ rx any p￿$(￿5 wrth thrlr#J the ￿ar (2022., £Nill. No matwtsl tranSact￿n tC*)k t*e iEtween the on￿n￿at￿)n and a connthd wlth them. DurtThJ ￿ year trustees were tra¥ekMJ aTrJ cljv tDtsllry £4.291 (2022: £NID. (A COMPANY UMrrED BY GUARApifEE) 10. Staff Costs 2023 2022 Wages and salarle5 NatiotMII In￿an￿ costs 29.024 59,439 1,025 16,(MO DBS [j￿k Fee 717 No empbytts ￿e5Ved annuallsed enK)1um￿ts In ejcess of £fAI,OC(I. 2023 2022 Opernty¢ 11. Intanglble fixed assets Totsl As at i March 2022 28 2023 As at l March 2022 CNirge for ttE ye As at 28 February 2023 13,740 13,740 Net Book Val At 28 Fe￿Uary 2023 At 28 2022 (A COMPANY LIMrrED BY GUARAKrE) 12. Fixed Assets Totsl Cost As at l MJch 2022 A(klltk>ns Disw)sals As at 28 Fetwuary 2023 23,137 4,965 912 28,102 912 At l March 2022 Charge for year Eliminabj on As at 28 Fet¥uary 2023 9,351 1179 11,530 1,059 Net B(x* Value At 28 febnwry 2023 At 28 Fe￿Uary 2022 13. Debtors 2023 2022 Tr*e detr pr￿aYnEnts and accr￿￿ 2.791 5,194 371 15,821 14. Credltors amounts falllng due wlthln one year 2023 2022 Trade crnlltor5 £cruals Deferr8J irKon* (rKth 15) 2,779 2,230 7,659 747 Irx) 15. Deferred Income 2023 BaLl￿e as at l March 2022 (l Math 2011) 7,659 (7.659) 21,441 (20,541) AmcAJnt (Wer￿1 sEar Bala￿ as at 28 Fdwuary 2023 (28 2022) 16. Analysls of charltable fvnds (A COMPANY LIMITED BY GUARAKf&) balantes foThYa Genttal furttts 2(K),941 XK),020 (176,083) (14,305) 210,573 Total unrestrthd fuThYs 210 573 Deslgnated Funds Deagnated for IrelaThl 14,305 14,305 Total desvJrTrat￿l furKIs Research furth# 13,200 13,200 Totsl resirthd fuTh Total lund• 214,141 2L￿,020 {176 083) 238,078 D￿n•t￿ Fund The rexryrth lund represents fiJThts dcKoted ty a Tr￿m￿*r ftr use at dlmikn) of the trustees In furt￿n￿ of researth asK￿rt ￿ utw lrnb defyJwy u￿lerstsr￿I￿￿j. 17. Analysls of net assets between funds Total Funds 2022 FuNl$ 2023 Furn1$ 2023 Intsrolble assets TaThJible flxed assets Current assets cr8j1t￿5 due wthkn crf 16,425 215,488 16,425 228,688 16,572 210,984 13,XM) 035 35 214.141 18. Operatlng l•?)￿ Cornmitments At 28 February 2023 Its tt￿nty hxl tcrtal commltnwts urKl¥ Th)n43rrdkiL* weratlrwj kases as foltr)w5.' 2023 2022 Expiry Date Wlthln l y Betr￿en 2 a￿15 After m(￿e than 5 years 1.216 3,041 1.216 4,257 19. Related Parties (A COMPANY LIMrrED BY GUARAKfEE) 20. Controlllng Party cowwry Is ([M)tr(l￿1 fry l￿T￿￿t￿5. Reach 2022-23 Anni 121 Ronnrt ## Welcome to our 2022-23 Annual Report 2022 Highlights • • • • • - - 2 It 15 tFie drÉiKJrn Lb" I'Trtirné. l-'s a15L tF. riiL"Jt CF-JI eiigir-q. Aiiibcis¥&<4or5', Alex Bruoker Cl(iire CcislirncJre MBE Elld Dickerist)ri W￿11¥￿Cl Jt)hn lik LetLlI MBE WillidrTIS Chairpersons Statement CFiri5 c[ear￿￿T CFii]irper50n It tFig J'¥Jt¥5t PléElsU￿ tJ VI￿1..f￿r[iv f- Ertii ly Debs Bo1I14- IiileriiTI Ndtiuiidl Courd 111 cltvr l(dle Ho(Ire Iiileriiyi Ai4rniiiibtrdtor July-Feb. A&"FIlEy BldLkburii Tu rri¥et Vdlti JiJ I'btér. tL tP.￿ idérl"a 'R¥vJLi k'd_ yuur'y AdJlty riti,.ty uiviri brJok 11 LibL riG￿rile to ReLIL