## **REPORT OF THE DIRECTORS AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
**FOR THE ROAD TO RECOVERY TRUST**
**THE ROAD TO RECOVERY TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7 to 8|
|**Notes to the Financial Statements**|9 to 23|
|**Detailed Statement of Financial Activities**|24 to 25|
## **THE ROAD TO RECOVERY TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
Vision: Thriving in recovery for all affected by addiction.
The Northeast currently faces the highest rate of alcohol-specific deaths in England, which has increased by 22.9% since 2019. Additionally, it holds the highest rates of drug deaths and drug misuse-related deaths (source: ONS). Recognising that addiction extends beyond mere substance use, we understand that individuals face complex needs influenced by their environment, family dynamics, health, finances, hopes, and beliefs. While addressing substance abuse is critical-supporting detox, rehabilitation, and recovery groups-we advocate for a comprehensive approach rooted in Recovery Capital. This approach highlights the importance of peer to peer support in fostering a meaningful lifestyle that sustains recovery. At The Road to Recovery Trust, we are committed to creating a strong, supportive community where individuals can connect, find hope, and thrive in their recovery journey.
Page 1
**THE ROAD TO RECOVERY TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The year 2024 marked a significant transformation for The Road to Recovery Trust. With a new board of trustees in place, we have undertaken a comprehensive overhaul of our governance and established better financial controls. Our headquarters, George Street Social, has been refurbished in collaboration with 'Everyturn,' an organisation dedicated to supporting mental health in the community.
We have continued to provide dozens of weekly 12-Step meetings and host SMART Recovery sessions for our members and others. Strengthening our collaborations with other organisations has been a priority to enhance our collective impact. The new board, has developed a robust strategy, mission, and values that will allow us to measure our success effectively. This strategic framework ensures that every decision aligns with our commitment to the long-term success of our members.
To support this strategy, we engaged with Charity Consultants (Connected Voice), who conducted an organisational strengths review in February 2023. We have progressed from the draft stage of their report to full implementation of their recommendations. Additionally, we have established SMART Goals with Connected Voice and report our progress on a quarterly basis. Our partnership with The Lloyds Foundation also continues to provide valuable guidance.
Financial integrity is a top priority. Following a legacy circumstance (before this board was in charge), we have thoroughly reviewed our financial management and are collaborating with stakeholders to ensure transparency in the flow of both restricted and unrestricted funds. We have already made immediate improvements to our financial control systems.
Adopting Recovery Capital as our recovery methodology, we are working with Professor Dave Best, a global expert in the field, to develop a funding strategy aligned with this approach. In the face of economic uncertainties, we are successfully diversifying our funding sources and aim to build on this momentum in the coming year. We extend our heartfelt gratitude to our funders; their support is vital for the critical services we provide to our members.
We have developed an intranet to improve data storage and access for staff and trustees, enhancing our governance capabilities. Our risk management systems are being reassessed to further embed our core values of transparency, risk management, and financial sustainability.
We have re-opened the coffee shop, and we are excited about the various events planned by our members' events committee.
After reviewing our membership structure, we have simplified the process of becoming a member and clarified the benefits of membership. As of now, we proudly report over 360 members. We are focused on increasing member engagement through events and regular newsletters, with our AGM scheduled for the autumn.
## **FINANCIAL REVIEW**
## **Reserves policy**
Upon the appointment of the new board in January 2024, we discovered the absence of unrestricted funds in the charity's bank account. While initially considering closure, we committed to finding unrestricted funding within two weeks, which we successfully achieved. We are establishing a three-month runway of unrestricted funds to ensure the charity's operations, with plans to extend this period. In line with our Articles of Association.
Page 2
**THE ROAD TO RECOVERY TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The Road to Recovery Trust is a company limited by guarantee and not having a share capital, governed by its Memorandum and Articles of Association dated 14 November 2011 with amendments made by special resolution on 28 December 2012. The organisation is also a registered charity with the Charity Commission.
## **Recruitment and appointment of new trustees**
The authority to appoint trustees ultimately lies with the charity's members at the AGM. Between AGMs, the board has the discretion to introduce new trustees as positions become available.
## **Induction and training of new trustees**
Trustees are selected based on their skills relevant to managing the charity effectively. We have implemented induction procedures to ensure new trustees are well-informed about their roles and responsibilities. These procedures include encouraging attendance at relevant internal and external training events to enhance their understanding and effectiveness in their positions.
## **Conclusion**
The newly appointed Board of Trustees, as of January 2024, has initiated a strategic reset of the charity's direction. We are fully committed to fulfilling our responsibilities and ensuring a sustainable and prosperous future for The Road to Recovery Trust.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
07847240 (England and Wales)
## **Registered Charity number**
1144882
## **Registered office**
45-51 George Street Newcastle Upon Tyne NE4 7JN
## **Trustees**
Mrs. S A Armstrong (resigned 17/1/2024) Mrs. R Bell (resigned 17/1/2024) Mr. O Bell (resigned 17/1/2024) Mr. A S Cameron (resigned 17/1/2024) Mr. M T Davies (appointed 17/1/2024) Mrs K Sidhu (appointed 18/10/2023) Mr A Hackett (appointed 18/10/2023) Mrs L Tindill (appointed 17/1/2024) Mr G Brewis (appointed 17/1/2024) Mr J Thomson (appointed 17/1/2024) Mr M Tierney (appointed 17/1/2024) Mr S Hutt (appointed 27/3/2024)
## **Trust manager**
Jimmy Dixon
Page 3
**THE ROAD TO RECOVERY TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
**REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Read, Milburn & Co 71 Howard Street North Shields Tyne and Wear NE30 1AF
## **Bankers**
HSBC Bank plc 110 Grey Street Newcastle upon Tyne NE1 6JG Approved by order of the board of trustees on 28 January 2025 and signed on its behalf by:
Mr. M T Davies - Trustee
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROAD TO RECOVERY TRUST**
## **Independent examiner's report to the trustees of The Road To Recovery Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
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, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nicholas J Liley, FCA
The Institute of Chartered Accountants in England and Wales
Read, Milburn & Co 71 Howard Street North Shields Tyne and Wear NE30 1AF
29 January 2025
Page 5
**THE ROAD TO RECOVERY TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
4,409
**Charitable activities**
5
Grant income
67,000
Other trading activities
3
171
Investment income
4
45,760
**Total**
117,340
**EXPENDITURE ON**
Raising funds
6
1,308
**Charitable activities**
7
Staff costs
6,269
Operating expenses
55,580
Legal and professional fees
23,105
**Total**
86,262
**NET INCOME/(EXPENDITURE)**
31,078
**RECONCILIATION OF FUNDS**
Total funds brought forward
32,651
**TOTAL FUNDS CARRIED FORWARD**
63,729|Restricted
funds
£
-
101,964
-
-
101,964
153
45,587
49,030
7,820
102,590
(626)
626
-|2024
Total
funds
£
4,409
168,964
171
45,760
219,304
1,461
51,856
104,610
30,925
188,852
30,452
33,277
63,729|2023
Total
funds
£
2,569
149,288
386
41,062
193,305
1,488
60,844
101,080
24,379
187,791
5,514
27,763
33,277|
|---|---|---|---|
The notes form part of these financial statements
Page 6
## **THE ROAD TO RECOVERY TRUST**
## **BALANCE SHEET 31 MARCH 2024**
|Notes
**FIXED ASSETS**
Tangible assets
14
**CURRENT ASSETS**
Stocks
15
Debtors
16
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
17
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS/(LIABILITIES)**
**FUNDS**
20
Unrestricted funds:
General fund
Restricted funds:
National Lottery Community Fund - Senior
Staff's Wages and Charity Core Costs
**TOTAL FUNDS**|2024
£
20,119
50
65,132
32,269
97,451
(53,841)
43,610
63,729
63,729
63,729
-
63,729|2023
£
29,862
50
33,548
29,880
63,478
(60,063)
3,415
33,277
33,277
32,651
626
33,277|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
**THE ROAD TO RECOVERY TRUST**
## **BALANCE SHEET - continued 31 MARCH 2024**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 January 2025 and were signed on its behalf by:
Mr. M T Davies - Trustee
The notes form part of these financial statements
Page 8
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
## **Going concern**
The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. The Trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted 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 particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Allocation and apportionment of costs**
Costs are allocated to the charity's activities on the basis of fair usage of staff and facilities.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost Plant and machinery - 33% on cost Fixtures and fittings - 33% on cost Computer equipment - 33% on cost
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
continued...
Page 9
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
All financial assets and financial liabilities of the charity qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **2. DONATIONS AND LEGACIES**
|Donations
**3.**
**OTHER TRADING ACTIVITIES**
Café income
**4.**
**INVESTMENT INCOME**
Rental income|2024
£
4,409
2024
£
171
2024
£
45,760|2023
£
2,569
2023
£
386
2023
£
41,062|
|---|---|---|
continued...
Page 10
## **THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **5. INCOME FROM CHARITABLE ACTIVITIES**
|Activity
Grants
Grant income
Grants received, included in the above, are as follows:
National Lottery Community Fund
Community Foundation
Newcastle City Council
Tudor Trust
Edward Gostling Foundation
Connected Voice Fund
The Percy Hedley Foundation
The Rothley Trust
The Speedomick Foundation
Garfield Weston Foundation
Sir James Knott Trust
The Barbour Foundation
The Grocers Charitable Trust
The Joicey Trust
Elsie Davis Trust
Hospital of God Greatham
R W Mann Trust
The Souter Trust
Steel Charitable Trust
The Hadrian Trust|2024
£
168,964
2024
£
37,625
-
65,498
27,083
5,500
-
-
-
-
7,778
-
5,000
3,480
2,000
5,000
1,000
1,000
3,000
4,000
1,000
168,964|2023
£
149,288
2023
£
43,039
11,260
28,919
18,750
5,500
4,000
500
1,000
2,000
20,000
4,800
8,000
1,520
-
-
-
-
-
-
-
149,288|
|---|---|---|
continued...
Page 11
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **6. RAISING FUNDS**
## **Other trading activities**
|Purchases
Staff costs
Catering equipment
Catering sundries|2024
£
1,461
-
-
-
1,461|2023
£
(188)
1,475
80
121
1,488|
|---|---|---|
## **7. CHARITABLE ACTIVITIES COSTS**
|Staff costs
Operating expenses
Legal and professional fees
**8.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Agency staff
Staff training
Cleaning products
Financial services
Creche costs
Therapy costs
Project costs
Travel and accommodation
Equipment repairs
Bad debts
Room hire costs
Meeting room - COS
Eating well - food
Safe space - food
Volunteer expenses
Subcontractor
Services provided income
Services provided payments|Direct
Costs (see
note 8)
£
51,856
23,983
-
75,839|Support
costs (see
note 9)
£
-
80,627
30,925
111,552
2024
£
51,826
-
30
4,050
2,310
9,364
5,613
-
136
744
(156)
37
-
-
-
635
1,250
-
-
75,839|Totals
£
51,856
104,610
30,925
187,391
2023
£
60,649
171
24
1,710
8,545
9,072
-
(451)
56
1,062
-
397
1
1,176
786
258
-
(18,085)
18,085
83,456|
|---|---|---|---|
|||||
continued...
Page 12
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **9. SUPPORT COSTS**
|Governance
Management
Finance
costs
£
£
£
Operating expenses
80,617
10
-
Legal and professional fees
25,075
-
5,850
105,692
10
5,850
Support costs, included in the above, are as follows:
2024
Legal and
Operating
professional
Total
expenses
fees
activities
£
£
£
Rent and rates
41,299
-
41,299
Insurance
833
-
833
Light and heat
14,912
-
14,912
Telephone, printing & postage
690
-
690
Postage and stationery
487
-
487
Sundries
10
-
10
Repairs and maintenance
2,230
-
2,230
Computer costs
6,073
-
6,073
Legal and professional
-
2,275
2,275
Memberships and subscriptions
867
-
867
Waste disposal
1,100
-
1,100
Bank charges
258
-
258
Credit card fees
-
-
-
Office equipment
-
-
-
Advertising and promotional
82
-
82
VAT irrecoverable
-
-
-
Bid writer
-
22,800
22,800
Depreciation of tangible and heritage
assets
11,776
-
11,776
Interest payable and similar charges
10
-
10
Accountancy and bookkeeping
-
5,850
5,850
80,627
30,925
111,552|Totals
£
80,627
30,925
111,552
2023
Total
activities
£
33,870
1,026
6,361
73
258
4,497
6,921
4,124
19,284
1,040
2,095
124
7
285
329
4,883
-
12,575
-
5,095
102,847|
|---|---|
continued...
Page 13
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **10. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Accountancy charges
Bookkeeping services
Depreciation - owned assets|2024
£
1,470
4,380
11,776|2023
£
1,795
3,300
12,575|
|---|---|---|
## **11. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **12. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
|Wages and salaries
Other pension costs|2024
£
51,826
-
51,826|2023
£
61,422
702|
|||62,124|
The charity's key management personnel comprise the Trustees and Senior Personnel. The total employee benefits of the key management personnel were £35,541 (2023 - £26,193).
The average monthly number of employees during the year was as follows:
|Project support coaching staff and admin|2024
3|2023
4|
|---|---|---|
No employees received emoluments in excess of £60,000.
continued...
Page 14
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**13.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2,569
-
**Charitable activities**
Grant income
16,720
132,568
Other trading activities
386
-
Investment income
41,062
-
**Total**
60,737
132,568
**EXPENDITURE ON**
Raising funds
1,488
-
**Charitable activities**
Staff costs
2,267
58,577
Operating expenses
13,207
87,873
Legal and professional fees
6,596
17,783
**Total**
23,558
164,233
**NET INCOME/(EXPENDITURE)**
37,179
(31,665)
**Transfers between funds**
(5,007)
5,007
**Net movement in funds**
32,172
(26,658)
**RECONCILIATION OF FUNDS**
Total funds brought forward
479
27,284
**TOTAL FUNDS CARRIED**
**FORWARD**
32,651
626|Total
funds
£
2,569
149,288
386
41,062
193,305
1,488
60,844
101,080
24,379
187,791
5,514
-
5,514
27,763
33,277|
|---|---|
Page 15
continued...
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**14.**|**TANGIBLE FIXED ASSETS**|**TANGIBLE FIXED ASSETS**|||||||
|---|---|---|---|---|---|---|---|---|
|||Improvements||||Fixtures|||
|||to||Plant and||and|Computer||
|||property||machinery||fittings|equipment|Totals|
|||£||£||£|£|£|
||**COST**||||||||
||At 1 April 2023|47,298||1,005||46,113|9,340|103,756|
||Additions||-||-|2,033|-|2,033|
||At 31 March 2024|47,298||1,005||48,146|9,340|105,789|
||**DEPRECIATION**||||||||
||At 1 April 2023|32,561|||771|32,245|8,317|73,894|
||Charge for year|5,065|||234|5,454|1,023|11,776|
||At 31 March 2024|37,626||1,005||37,699|9,340|85,670|
||**NET BOOK VALUE**||||||||
||At 31 March 2024|9,672|||-|10,447|-|20,119|
||At 31 March 2023|14,737|||234|13,868|1,023|29,862|
|**15.**|**STOCKS**||||||||
||||||||2024|2023|
||||||||£|£|
||Stocks||||||50|50|
|**16.**|**DEBTORS: AMOUNTS FALLING**||**DUE**|**WITHIN ONE**||**YEAR**|||
||||||||2024|2023|
||||||||£|£|
||Trade debtors||||||43,632|5,827|
||Prepayments and accrued income||||||21,500|27,721|
||||||||65,132|33,548|
Page 16
continued...
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income|2024
£
25,495
508
3,889
-
23,949
53,841|2023
£
30,940
4,449
1,678
76
22,920|
|||60,063|
Included within Accruals and Deferred Income are the following amounts comprising income received in advance of delivery of the related services or expenditure incurred.
|Balance at 1 April 2023
Released to income from charitable activities
Amount deferred in year
Balance at 31 March 2024|£
21,480
(11,063)
10,222
20,639|
|---|---|
## **18. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year|2024
£
35,000|2023
£
35,000|
|---|---|---|
## **19. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
Restricted
funds
funds
£
£
Fixed assets
20,119
-
Current assets
76,812
20,639
Current liabilities
(33,202)
(20,639)
63,729
-|2024
Total
funds
£
20,119
97,451
(53,841)
63,729|2023
Total
funds
£
29,862
63,478
(60,063)
33,277|
|---|---|---|
continued...
Page 17
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. MOVEMENT IN FUNDS**
|Net
movement
At 1/4/23
in funds
£
£
**Unrestricted funds**
General fund
32,651
41,754
Designated - Cafe
-
(10,676)
32,651
31,078
**Restricted funds**
National Lottery Community Fund -
Senior Staff's Wages and Charity Core
Costs
626
(626)
**TOTAL FUNDS**
33,277
30,452
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
117,169
Designated - Cafe
171
117,340
**Restricted funds**
Tudor Trust - The Trust Manager's
Salary
27,083
Newcastle City Council Public Health
- Creche
15,498
National Lottery Community Fund -
Senior Staff's Wages and Charity Core
Costs
37,625
Garfield Weston Foundation - Thriving
in Recovery Project
7,778
The Edward Gostling Foundation -
Thriving in Recovery Project
5,500
The Grocers Charitable Trust -
Thriving in Recovery Project
3,480
Steel Charitable Trust-Mindfulness and
Wellbeing
4,000
The Hadrian Trust
1,000
101,964
**TOTAL FUNDS**
219,304|Transfers
between
At
funds
31/3/24
£
£
(10,676)
63,729
10,676
-
-
63,729
-
-
-
63,729
Resources
Movement
expended
in funds
£
£
(75,415)
41,754
(10,847)
(10,676)
(86,262)
31,078
(27,083)
-
(15,498)
-
(38,251)
(626)
(7,778)
-
(5,500)
-
(3,480)
-
(4,000)
-
(1,000)
-
(102,590)
(626)
(188,852)
30,452|
|---|---|
continued...
Page 18
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|Net
Transfers
movement
between
At 1/4/22
in funds
funds
£
£
£
**Unrestricted funds**
General fund
(5,056)
42,776
(5,069)
Designated - Cafe
5,535
(5,597)
62
479
37,179
(5,007)
**Restricted funds**
Charity Core
27,284
(27,284)
-
Tudor Trust - The Trust Manager's
Salary
-
(5,007)
5,007
National Lottery Community Fund -
Senior Staff's Wages and Charity Core
Costs
-
626
-
27,284
(31,665)
5,007
**TOTAL FUNDS**
27,763
5,514
-|At
31/3/23
£
32,651
-
32,651
-
-
626
626
33,277|
|---|---|
continued...
Page 19
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated - Cafe
**Restricted funds**
Charity Core
Tudor Trust - The Trust Manager's
Salary
Newcastle City Council Public Health
- Creche
National Lottery Community Fund -
Senior Staff's Wages and Charity Core
Costs
Newcastle City Council - Warm Space
Community Foundation-1989 Wilan
Trust - Thriving in Recovery Project
Garfield Weston Foundation - Thriving
in Recovery Project
Sir James Knott Trust - Thriving in
Recovery Project
The Barbour Foundation - Thriving in
Recovery Project
The Edward Gostling Foundation -
Thriving in Recovery Project
The Grocers Charitable Trust -
Thriving in Recovery Project
**TOTAL FUNDS**|Incoming
resources
£
60,351
386
60,737
-
18,750
20,699
43,039
6,500
8,760
20,000
4,800
8,000
500
1,520
132,568
193,305|Resources
Movement
expended
in funds
£
£
(17,575)
42,776
(5,983)
(5,597)
(23,558)
37,179
(27,284)
(27,284)
(23,757)
(5,007)
(20,699)
-
(42,413)
626
(6,500)
-
(8,760)
-
(20,000)
-
(4,800)
-
(8,000)
-
(500)
-
(1,520)
-
(164,233)
(31,665)
(187,791)
5,514|
|---|---|---|
continued...
Page 20
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|Net
Transfers
movement
between
At 1/4/22
in funds
funds
£
£
£
**Unrestricted funds**
General fund
(5,056)
84,530
(15,745)
Designated - Cafe
5,535
(16,273)
10,738
479
68,257
(5,007)
**Restricted funds**
Tudor Trust - The Trust Manager's
Salary
-
(5,007)
5,007
**TOTAL FUNDS**
27,763
35,966
-|At
31/3/24
£
63,729
-
63,729
-
63,729|
|---|---|
continued...
Page 21
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated - Cafe
**Restricted funds**
Tudor Trust - The Trust Manager's
Salary
Newcastle City Council Public Health
- Creche
National Lottery Community Fund -
Senior Staff's Wages and Charity Core
Costs
Garfield Weston Foundation - Thriving
in Recovery Project
The Edward Gostling Foundation -
Thriving in Recovery Project
The Grocers Charitable Trust -
Thriving in Recovery Project
Steel Charitable Trust-Mindfulness and
Wellbeing
The Hadrian Trust
**TOTAL FUNDS**|Incoming
resources
£
177,520
557
178,077
45,833
36,197
80,664
27,778
6,000
5,000
4,000
1,000
206,472
412,609|Resources
Movement
expended
in funds
£
£
(92,990)
84,530
(16,830)
(16,273)
(109,820)
68,257
(50,840)
(5,007)
(36,197)
-
(80,664)
-
(27,778)
-
(6,000)
-
(5,000)
-
(4,000)
-
(1,000)
-
(211,479)
(5,007)
(376,643)
35,966|
|---|---|---|
## **The Tudor Trust**
A grant towards The Trust Manager's salary
## **NCC Public Health - Creche**
This grant has been spent on the creche facility at GSS, a decision is pending on continuing funding for 2024/25.
## **Thriving in recovery**
This programme seeks to support vulnerable and isolated individuals in a bid to promote, protect and prevent addiction relapses. It was funded this year by Garfield Weston Foundation, The Edward Gostling Foundation and The Grocer's Charitable Trust.
## **Mindfulness and Wellbeing**
The Mindfulness Wellbeing Programme was funded by Steel Charitable Trust and The Hadrian Trust.
continued...
Page 22
**THE ROAD TO RECOVERY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **20. MOVEMENT IN FUNDS - continued**
## **Transfers between funds**
The fund transfers represent the transfer of restricted funds to unrestricted funds where a portion of the grant funding has been used to purchase fixed assets. Other transfers represent the completion of a project with the transfer of the remaining funds to unrestricted. Transfers from unrestricted are to cover overspends.
## **21. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024.
Page 23
**THE ROAD TO RECOVERY TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Café income
**Investment income**
Rental income
**Charitable activities**
Grants
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Purchases
Wages
Catering equipment
Catering sundries
**Charitable activities**
Wages
Pensions
Agency staff
Staff training
Cleaning products
Financial services
Creche costs
Therapy costs
Project costs
Travel and accommodation
Equipment repairs
Bad debts
Room hire costs
Meeting room - COS
Eating well - food
Carried forward|2024
£
4,409
171
45,760
168,964
219,304
1,461
-
-
-
1,461
51,826
-
-
30
4,050
2,310
9,364
5,613
-
136
744
(156)
37
-
-
73,954|2023
£
2,569
386
41,062
149,288
193,305
(188)
1,475
80
121
1,488
59,947
702
171
24
1,710
8,545
9,072
-
(451)
56
1,062
-
397
1
1,176
82,412|
|---|---|---|
This page does not form part of the statutory financial statements
Page 24
**THE ROAD TO RECOVERY TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024**
|**Charitable activities**
Brought forward
Safe space - food
Volunteer expenses
Subcontractor
Services provided income
Services provided payments
**Support costs**
**Management**
Rent and rates
Insurance
Light and heat
Telephone, printing & postage
Postage and stationery
Sundries
Repairs and maintenance
Computer costs
Legal and professional
Memberships and subscriptions
Waste disposal
Bank charges
Credit card fees
Office equipment
Advertising and promotional
VAT irrecoverable
Bid writer
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
**Finance**
Interest payable
**Governance costs**
Accountancy and bookkeeping
Total resources expended
**Net income**|2024
£
73,954
-
635
1,250
-
-
75,839
41,299
833
14,912
690
487
10
2,230
6,073
2,275
867
1,100
258
-
-
82
-
22,800
5,065
234
5,454
1,023
105,692
10
5,850
188,852
30,452|2023
£
82,412
786
258
-
(18,085)
18,085
83,456
33,870
1,026
6,361
73
258
4,497
6,921
4,124
19,284
1,040
2,095
124
7
285
329
4,883
-
5,185
233
4,775
2,382
97,752
-
5,095
187,791
5,514|
|---|---|---|
This page does not form part of the statutory financial statements
Page 25