Isle of Wight Street Pastors
(incorporating Isle of Wight School Pastors)
Trustees’ Annual Report and Accounts 2022
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| Contents | page number |
|---|---|
| Administrative Information | 3 |
| Structure, Governance and Management | 4 |
| Charitable Activities | 4 |
| Street and School Pastors in 2021 | 5-7 |
| The year in statistics | 7 |
| Future Plans | 7 |
| Financial Review | 7-8 |
| Preparation of accounts | 8 |
| Independent examiner’s report | 9 |
| Financial Statements | 10-17 |
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Administrative Information
Trustees/Directors
Robert White (Chair) Tracey Dancy Kevin Farrow Georgie Porter Ian Peters The Reverend Emma Cooksey
Honorary Treasurer
Andrew Gardner
Staff
Andrew Gardner (Coordinator, Street Pastors, resigned 30/11/2022) Sally Murphy (Coordinator, School Pastors) Suzanne McCaffery (Administrator/ Coordinator, Street Pastors from 1/12/2022)
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Structure, Governance and Management
Isle of Wight Street Pastors is a company limited by guarantee, number 07200287, and a registered charity, number 1136110, governed by a memorandum and articles of association.
The charity is governed by a board of trustees who are also directors of the company. All references to trustees in this report can also be read as directors. The trustees are responsible for the effective governance of the charity, its strategic direction and setting the policy framework. Responsibility for day to day running of the initiatives is delegated to the coordinators, though major or contentious issues are referred back to the trustees.
Trustees are elected by members of the charity at the annual general meeting. A third of trustees retire from office each year but may be reappointed to serve a further term. The existing trustees make recommendations to the meeting regarding suitable candidates who have the necessary skills, experience and abilities required to ensure the board of trustees is able to offer effective governance. The trustees may also co-opt new trustees during the year who serve until the next AGM when they retire but may be reappointed by members.
Isle of Wight Street Pastors operates the Street Pastors and School Pastors initiatives. Ascension Trust (registered charity number 1127204) provides a number of services to Isle of Wight Street Pastors and licences the Street and School Pastors branding for the local initiative’s use; in return Isle of Wight Street Pastors pays a licence fee and agrees to meet nationally agreed quality standards. The charity enjoys good relations with neighbouring initiatives and local coordinators meet regularly to share good practice.
The trustees and coordinators routinely examine the business, reputational and operational risks when preparing strategic plans and developing new projects. In addition, the charity works closely with Ascension Trust, using their expertise of Street and School Pastor initiatives across the UK, to further minimise risk.
Charitable Activities
The charity exists to deliver three charitable purposes. It aims to promote public protection, provide relief for people at risk and advance an understanding of the Christian religion by means of offering care, compassion and support. We achieve this through delivery of two initiatives:
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Street Pastors – caring for and protecting vulnerable people on the streets at night and acting as a positive presence to dissuade anti-social behaviour and a calming influence in tense and volatile situations. Street Pastors patrol in Newport, Ryde and occasionally in Cowes.
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School Pastors - providing safety and reassurance to school students around the school site during the school day and a positive adult presence. School pastors work in four secondary schools: Carisbrooke College, Medina College, Ryde Academy and The Bay CofE Secondary School.
In planning the activities of the charity, the trustees have had regard to the Charity Commission's guidance on public benefit. This year we have continued to operate the Street and School Pastors initiatives on the Isle of Wight in pursuit of our objects for the public benefit. The following report outlines the highlights of the year and demonstrates how our activities benefit the public.
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Street and School Pastors in 2022
Street Pastors
Coming out of the Covid pandemic, 2022 saw personnel changes in Isle of Wight Street Pastors. Several Street Pastors stepped down, as did the Coordinator, Andrew Gardner. However, with experience going back to 2009, Suzanne McCaffery took on the Coordinator role, while continuing to cover essential administration until a new Administrator is appointed. Andrew is now the Honorary Treasurer. We thank God for those who have served, and those who continue to serve.
Despite the temporary reduction in volunteers, regular street patrols continued throughout the year in Newport and Ryde. One patrol was also carried out during Cowes Week.
It has been important to understand the impact of the pandemic on “the evening economy” such that street patrols respond to “the new normal” and rebuild relationships with the Police, venues and door staff in order to respect their priorities. This includes a greater focus on the early evening period and less need to patrol until 3am. In fact, the tendency has been for significant activity, and hence patrolling, to end soon after midnight. It is good that in addition to practical items, such as bottles of water, lollipops and flip-flops, chocolates can again be given out. This can help to diffuse tension and encourage positive conversations.
A vital aspect of street patrols is the support of Prayer Pastors, who, at the patrol base or in their home, uphold Street Pastors throughout the patrol period. Communication between volunteers, as well as with venue staff and the Police, is the subject of ongoing review and improvement.
Moving into 2023, Isle of Wight Street Pastors is well-resourced and showing signs of growth. It is ready to embrace new opportunities as identified in relationship with the Police, venues and the local community. It is also in a strong position to work with other relevant organisations in order to offer the best outcomes for local people and businesses.
School Pastors
It has been a very busy and exciting year for School Pastors. The team has grown from 10 to 14 School Pastors. The ministry has added The Bay CofE Secondary School, Sandown, to the established presence at Carisbrooke College, Medina College and Ryde Academy and has welcomed 5 new Prayer Pastors.
The School Pastor team has had the privilege of mentoring 122 students across the Ryde, Medina and Carisbrooke campuses, in addition to patrolling at all sites. New Prayer Pastors dedicated to Sandown have been notable for fundraising.
School Pastors supported Induction Days in Sandown, Ryde and Carisbrooke which made their connections with the new Year 7 students stronger when they arrived in the new school year. For the first time they also went into a Primary school in Ryde to talk to Year 6 students. This was extremely successful, and they will return this year and also aim to connect with more feeder schools in this way.
As an additional part of the service to the schools, School Pastors manned the refreshments for the Carisbrooke, Medina and Sandown parent information evenings and also the joint summer concert. Their presence at these evenings has been a privilege as the schools are seeing them as a valued part of their community. The School Pastor banner was displayed and School Pastors are among the advertised services offered by Carisbrooke in their latest information literature.
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2022 saw a sharp rise in Safeguarding concerns which have mainly been connected to the mental health and welfare of the students.
Along with Street Pastors it was good to have a School Pastor presence at the Lionheart Christian Festival and a community Carol Service in Newport. A significant fundraising and awareness event was also arranged.
Dialogue with both Community Child and Adolescent Mental Health Services and Youth Trust has been established to see how School Pastors and the statutory mental health support agencies can work together to best support the students at our schools. The hope is that they can offer the Pastors specific training in the areas of mental health in which they have found themselves working. They also looked at how School Pastors could support students waiting for their assessments. Currently the waiting lists are 8 weeks before assessment and a further 12 weeks before being seen. The relationships with partnership personnel will also enable School Pastors to be encouraging and supportive.
Having regard for the charitable objects, and working to the governance of the college, School Pastors were able to take a mission team into one of the establishments for a volleyball challenge.
A significant event for the Charity, aimed at regrouping after the Covid pandemic and committing ourselves afresh to the charitable activities was the Re-membering service of worship and celebration held at St. John’s Church in Newport in May 2022. It was a time when everyone could meet, celebrate and worship God together.
The year in statistics
The impact of the charitable activities is difficult to quantify using statistics, but the value can be discerned from individual comments by those who have been helped and the ongoing appreciation and support of the Police, schools and venues. As well as monitoring feedback on the streets and in schools we keep track of a number of key statistics to check how we are doing.
| 2022 | 2021 | |
|---|---|---|
| Street Pastors | ||
| Patrols | 37 | 29 |
| Man/woman hours | 469 | 421 |
| Meaningful conversations* | 150 | 181 |
Tense/difficult situations |
5 | 25 |
| Bottles of water distributed | 25 | 59 |
| Bottles picked up | 121 | 92 |
| Pairs of flip-flops distributed | 9 | 28 |
| Foil blankets distributed | 6 | 8 |
| Prayeroffered and/or requested | 9 | 15 |
| School Pastors | ||
| Number of patrols | 127 | 73 |
School Community Events |
14 | 1 |
| Number of mentoring sessions | 521 | 293 |
Numberof Drop-Insessions |
0 | 0 |
| Man/woman hours | 1232 | 1056 |
| Number of students mentored | 122 | 80 |
| Support offered for anti-social behaviour | 9 | 2 |
| Safeguarding issues reported to school staff | 39 | 12 |
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*In our statistics we use the term “meaningful conversations” to describe interactions with people that go beyond a “hello, how are you?”. It might be a discussion about spirituality, listening to a story of loss or helping reassure someone who is frightened. These conversations are really important to our work and can make life-changing differences to people, hence they are specifically recorded. We also have lots of casual interactions which go unrecorded but can often be more significant than we could anticipate.
Future Plans
Much of our work is ongoing and our core aim into 2023 is to continue to support as many people as possible on the streets and in our schools. We will continue to develop and strengthen essential and beneficial partnerships and become ever more responsive to the priorities of those who have primary responsibility for the areas in which we operate, especially the Police and the school authorities. A corporate understanding of the key issues affecting “the evening economy” and school students and staff, including residual trauma arising from the pandemic, will mean that Street and School Pastors have a significant role in community life. Training will be important, as will better communication with the Island’s churches and communities.
A significant need at the time of writing is that of a new Administrator, or a new structure that embraces the vital administrative functions, including remaining up to date on relevant policies and procedures, ensuring good governance, and pursuing financial diligence under God.
Financial Review
Reserves Policy
We aim to hold sufficient reserves to ensure a buffer of 3 months operating costs, and in addition to be able to cope with a loss of grant funding for 12 months. This gives a target level of approximately £20,000. If reserves drop below 75% of the target (£15,000) or grant funding is expected to end, then the trustees will develop an action plan to increase income and/or decrease expenditure and monitor progress against this plan. The trustees acknowledge that reserves levels will vary, and aim to keep them above the target level, but not allow them to grow to an excessive level. If reserves reach 25% more than the target (£25,000) then the trustees will review options for using the excess funding to further the charity’s objects through new or enhanced work programmes or reducing fundraising activity.
At the end of 2022 our free reserves (excluding restricted and designated funds) stood at a total of £20,355 (2021; £22,866). This is decrease on last year and retains reserves at a little over our target level.
Investment Policy
Isle of Wight Street Pastors does not hold any long-term investments, using all income generated to support our day-to-day work.
Main sources of income
Donations represented the largest part of the charity’s income this year, comprising 53% of income (2021: 65%) once Gift Aid tax refunds are added in. Regular giving fell again compared to last year to £17,214 (2021: £18,452), although it has remained at a relatively
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consistent level for the last five years. We have secured grant funding this year of £19,403 (2021: £13,319). We are grateful for further support from the Office of the Police and Crime Commissioner and for support from Newport & Carisbrooke Community Council, the Garfield Weston Foundation and Solar Farms.
Expenditure supporting charitable objectives
Income has been used for charitable activities in furtherance of Isle of Wight Street Pastors objects. The largest cost to the charity is staff costs. The trustees employ a part time coordinator to manage the Street Pastors initiative, a part time coordinator for School Pastors and a part time administrator working across both projects.
While staffing is a significant cost the trustees strongly believe having paid staff is essential to the success of both projects; the dedication shown by the staff has been a key part of the charity’s success in reaching its objectives so far. The staff are responsible for a broad range of work including facilitating training, organising patrols, supervising volunteers, liaising with member churches, working in partnership with other groups and organisations to improve the effectiveness of Isle of Wight Street Pastors, promoting the scheme and monitoring its effectiveness, ensuring the projects comply with legislation and good practice, maintaining necessary records and recruiting new volunteers.
The licence fee is the most significant other cost to the organisation. This is calculated as a percentage of income raised. This covers a variety of services which Ascension Trust provides to Street and School Pastor initiatives across the country including insurance, training, development, quality control and use of the Street/School Pastor branding.
Preparation of accounts
This report, including the following financial statements, was approved by the trustees on the 18[th] May 2023 and is signed on their behalf by:
Robert White (chair)
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Independent examiner’s report to the trustees of Isle of Wight Street Pastors
INTRODUCTION
I have been requested to undertake an independent examination of the accounts of Isle of Wight Street Pastors for the financial year ending 31st December 2022. Isle of Wight Street Pastors is a Registered Charity (No. 1136110) with an annual turnover between £10,000 and £250,000 and an independent examination report is therefore a Charity Commission requirement together with the submission of annual Accounts. I confirm that I have no other role or relationship with the Charity or its Trustees and there are no circumstances in the examiner’s judgement that would reasonably lead to the perception that the examiner is not independent.
To assist my examination, I have been provided with Excel spreadsheets containing all relevant accounting records, together with access to bank statements, payroll records and other supporting financial records held on an account with Xero.
SCOPE OF EXAMINATION
The examination of accounts has included the following actions –
1.Checking the consistency of records contained on the Excel spreadsheets, that detailed expenditure and income statements reconcile with the accounts summary.
2.Reconciliation of accounting records to bank statements. The bank statements as at 1st January and 31st December 2022 were inspected and agreed to the Trustee Annual Report and Accounts.
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Examination of financial statements as contained in the Trustees Annual Report and Accounts.
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The Reserves Policy targets a desired level of reserves and this level of reserves was maintained in the year.
CONCLUSION
Having regard to the above, no matters have come to my attention that need further reporting and in my opinion the accounts comply with the requirements of the Charity Commission.
Gareth Hughes, BA (Hon), former CPFA
13[th] July 2023
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Financial Statements
Statement of Financial Activities
Year ended 31[st] December 2022
| 2022 | 2022 | 2022 Total | 2021 | Note | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | ||||
| £ | £ | £ | £ | ||
| Income | |||||
| Donations and grants | 31,397 | 9,486 | 40,883 | 38,475 | 2 |
| Other trading activities | 29 | 0 | 29 | 0 | 3 |
| Investments | 3 | 0 | 3 | 1 | 4 |
| Other Income | 0 | 0 | 0 | 6,624 | |
| Total income | 31,429 | 9,486 | 40,915 | 45,100 | |
| Expenditure | |||||
| Raising funds | 0 | 0 | 0 | 400 | |
| Charitable activities | 33,940 | 9,486 | 43,426 | 40,572 | 5 |
| Total expenditure | 33,940 | 9,486 | 43,426 | 40,972 | |
| Net income/(expenditure) | (2,511) | 0 | (2,511) | 4,128 | |
| Net movement in funds | (2,511) | 0 | (2,511) | 4,128 | |
| Reconciliation of funds: | |||||
| Total funds brought forward | 24,508 | 0 | 24,508 | 20,380 | |
| Total funds carried forward | 21,997 | 0 | 21,997 | 24,508 |
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Balance Sheet as at 31st December 2022
| 31st | 31st December | Note | |
|---|---|---|---|
| December | 2021 | ||
| 2022 | |||
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 0 | 86 | 7 |
| Total fixed assets | 0 | 86 | |
| Current assets | |||
| Debtors | 3,208 | 5,238 | 8 |
| Cash at bank and in hand | 24,369 | 23,878 | 9 |
| Total current assets | 27,577 | 29,116 | |
| Liabilities | |||
| Creditors: amounts falling due within one year | 5,580 | 4,694 | 10 |
| Net current assets or liabilities | 21,997 | 24,422 | |
| Total assets less current liabilities | 21,997 | 24,508 | |
| Total net assets or liabilities | 21,997 | 24,508 | |
| The funds of the charity | |||
| Unrestricted funds | 21,997 | 24,508 | |
| Restricted funds | 0 | 0 | |
| Total charity funds | 21,997 | 24,508 |
For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Signed _______ Robert White, Chair Date 18[th] May 2022
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Notes to the Financial Statements
1. Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1 02) and the Companies Act 2006.
Isle of Wight Street Pastors meets the definition of a public benefit entity under FRS 1 02. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Incoming resources
Income received has been classified as either unrestricted or restricted. Unrestricted funds are general funds which can be used for Isle of Wight Street Pastors' ordinary purposes. Restricted funds have been given, collected or donated for a specific purpose and it is a requirement of charity law that they be used for that purpose. Incoming resources are accounted for gross.
Voluntary income is received by way of grants, donations or gifts and is included in full in the Statement of Financial Activity when receivable. Grants, where entitlement is not conditional on the delivery of specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of service by volunteers has not been included in these financial statements.
Investment income is included when receivable.
Resources expended
Expenditure is recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to that category. Expenditure is accounted for gross.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Capitalisation of fixed assets
Tangible fixed assets are capitalised if they can be used for more than one year and are va lued at cost or a reasonable value on receipt. Individua l items of expenditure with a purchase price not exceeding £100 are recognised as expenditure in the year of acquisition. Individual items exceeding £100 are depreciated on a straight-line basis over the estimated life of the asset, which for equipment is considered to be three years.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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Restricted funds are for a specific purpose and it is a requirement of charity law that they be used for that purpose.
Street Pastors and School Pastors are two initiatives set up by the charity to address specific needs of care, safety and the reduction of crime in the community. Where funds have been provided specifically for one initiative or other narrower purposes they are accounted for as restricted funds.
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2. Income from donations and grants
| 2. Income from donations and grants | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Grants | |||
| Police & Crime Commissioner | 0 | 9,486 | 9,486 |
| Newport & Carisbrooke Community Council | 2,000 | 0 | 2,000 |
| The Garfield Weston Foundation | 2,917 | 0 | 2,917 |
| Solar Farms | 5,000 | 0 | 5,000 |
| Total grants | 9,917 | 9,486 | 19,403 |
| Donations | |||
| Church donations | 596 | 0 | 596 |
| Church regular giving scheme | 2,170 | 0 | 2,170 |
| Corporate regular giving | 6,960 | 0 | 6,960 |
| Individual donations | 1,484 | 0 | 1,484 |
| Individual regular giving scheme | 8,084 | 0 | 8,084 |
| New recruit donations | 0 | 0 | 0 |
| Other donations | 256 | 0 | 256 |
| Gift Aid tax refunds | 1,930 | 0 | 1,930 |
| Total donations | 21,480 | 0 | 21,480 |
| Total donations and grants | 31,397 | 9,486 | 40,883 |
| 2. Income from other trading activities | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Payments for additional uniform | 29 | 0 | 29 |
| Trading sales | 0 | 0 | 0 |
| Total other trading activities | 29 | 0 | 29 |
| 4. Investment income | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Bank interest | 3 | 0 | 3 |
| Total investment income | 3 | 0 | 3 |
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5. Analysis of expenditure on charitable activities
| Unrestricted | Restricted | Total | Note | |
|---|---|---|---|---|
| funds | funds | funds | ||
| £ | £ | £ | ||
| School Pastors | ||||
| School resources | 0 | 0 | 0 | |
| Coordinator salary | 14,915 | 0 | 14,915 | |
| Support costs | 9,534 | 0 | 9,534 | 6 |
| Street Pastors | ||||
| Giveaways | 97 | 0 | 97 | |
| Coordinator salary | 1,987 | 7,947 | 9,934 | |
| Support costs | 7,407 | 1,539 | 8,946 | 6 |
| Total expenditure on charitable activities | 33,940 | 9,486 | 43,426 |
6. Analysis of support costs
Support costs provided to the two initiatives are shown below. These are apportioned equally to the two initiatives, Street Pastors and School Pastors.
| Unrestricted | Restricted | Total | Note | |
|---|---|---|---|---|
| funds | funds | funds | ||
| £ | £ | £ | ||
| Insurance | 187 | 0 | 187 | |
| Licence fee | 6,145 | 0 | 6,145 | 11 |
| Marketing | 443 | 0 | 443 | |
| Office | 2,711 | 0 | 2,711 | |
| Governance and management consultancy | 0 | 0 | 0 | |
| Personnel | ||||
| Payroll - administrator | 6,157 | 1,539 | 7,696 | |
| Staff travel | 0 | 0 | 0 | |
| Volunteer training and uniform | 1,212 | 0 | 1,212 | |
| Equipment depreciation | 86 | 0 | 86 | |
| Total support costs | 16,941 | 1,539 | 18,480 |
7. Tangible fixed assets
| . Tangible fixed assets | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Computer equipment | 0 | 86 |
| Total | 0 | 86 |
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8. Debtors
| . Debtors | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Gift Aid tax | 812 | 488 |
| Grant instalment due | 2,368 | 4,750 |
| Sundry debtor | 28 | 0 |
| Total | 3,208 | 5,238 |
| . Cash at bank and in hand | ||
| 2022 | 2021 | |
| £ | £ | |
| Lloyds Bank – current account | 19,337 | 18,849 |
| Lloyds Bank – instant access reserve | 5,012 | 5,009 |
| Petty cash | 20 | 20 |
| Total | 24,369 | 23,878 |
| 0. Creditors: amounts falling due within one year | ||
| 2022 | 2021 | |
| £ | £ | |
| Accounts payable | 0 | 0 |
| Accruals | 5,395 | 3,510 |
| Tax and National Insurance payable | 183 | 319 |
| Pensions payable | 0 | 863 |
| Wages payable | 2 | 2 |
| Total | 5,580 | 4,694 |
9. Cash at bank and in hand
10. Creditors: amounts falling due within one year
11. Licence fee
Street Pastors is an international movement set up by Ascension Trust. Isle of Wight Street Pastors is under the umbrella of the Ascension Trust and has been supported by them in the initial set up and on-going running. The Licence fee is the payment to the Ascension Trust to cover this on-going support, including advice and guidance, training, insurance, supply of uniforms, development of operating protocols, brand management and development and quality assurance. This is calculated annually as 15% of income.
12. Trustees remuneration and benefit
No trustee received any remuneration during the year. No trustee was reimbursed any expenses during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.
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13. Paid employees
| 13. Paid employees | ||
|---|---|---|
| 2022 | 2021 | |
| Staff costs paid during the year were: | £ | £ |
| Gross wages, salaries & benefits in kind | 32,545 | 31,206 |
| Employers' National Insurance costs | 0 | 0 |
| Pension contributions | 746 | 716 |
| Gross Staff Costs | 33,291 | 31,922 |
| Less: Coronavirus Job Retention Scheme Grants | 0 | -6,625 |
| Total Net Staff Costs | 33,291 | 25,297 |
| Average number of employees in the year | 3 | 3 |
| Average number of full-time equivalent employees in the year | 1.5 | 1.5 |
14. Consultancy
The contract with Big Plans Charity Consultancy ceased and no consultancy fees were paid during the period.
15. Restricted and designated funds
This year only one grant received was designated as Restricted Funds, being the grant from the Office of the Police and Crime Commissioner, all of which was specifically for the use of the Street Pastor initiative. This grants and its related expenditure has been allocated to a restricted fund, shown below.
In order to better plan our future IT upgrade requirements, the trustees have elected to create a designated fund for IT equipment renewal. This enables more effective annual budgeting, evening out the peaks and troughs created by the need to periodically replace relatively expensive equipment. This designated fund forms part of the charity's unrestricted funds and can be re-allocated by the trustees as appropriate. It does not form part of the charity's free reserves, as it is budgeted for specific planned future expenditure. The value of this fund was not added to in the year.
| Fund name | Balance brought | Income | Expenditure | Balance carried |
|---|---|---|---|---|
| forward | forward | |||
| £ | £ | £ | £ | |
| IT upgrade | 1,642 | 0 | 0 | 1,642 |
| OPCC grant (Street Pastors) | 0 | 9,486 | 9,486 | 0 |
16. Ultimate controlling party
The charitable company is under the control of its members. No one member has sufficient voting rights to control the charitable company.
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