##
##
||||Page|
|---|---|---|---|
|Administrative|Details|||
|Report ofthe|Trustees||2to 7|
|Report ofthe|Independent|Auditors|8to IB|
|Statement of|Financial Activities|||
|Consolidated|Balance Sheet|||
|Company
Balance Sheet|||13|
|Cash Flow Statement|||14|
|Notes to the Accounts|||15to 27|
##
##
##
##
##
##
##
##
|06545431|||||||
|---|---|---|---|---|---|---|
|1147748|||||||
|112-114Marten
Road|||||||
|Middlesbrough|||||||
|United
Kingdom|||||||
|TSI 2DY|||||||
|Ruth Hicks - Chairperson|||||||
|Margaret
Philips - resigned|||I|islay 2022|||
|Daniel Galloway|||||||
|Bridget Holmstrom
- resigned|||||I May 2022||
|Georgios Antonopoulos|—resigned
IJune 2023||||||
|David Barras|||||||
|Nick Wallls —resigned|28August 2023||||||
|Vaierie Hearn —appointed||I|May 2022, resigned 4April 2023||||
|Rachel Burke
—appointed||'I|May 2022||||
|William
McGovern —appointed|||||1 April 2022, resigned|1July|
|2023|||||||
|Matthew
Bower —appointed||||31 October 2023|||
|Dr David Patton —ap pointed||||1June 2023|||
|Sophie Turton —appointed||1January 2023|||||
|Dorothy Smith|||||||
|National Westminster|Bank||Pic||||
|106Linthorpe
Road|||||||
|Middlesbrough|||||||
|United
Kingdom|||||||
|TS1 2JX|||||||
|Anderson
Barrowcliff LLP|||||||
|3 Kingfisher
Court|||||||
|Bowesfield
Park|||||||
|Stockton on Tees|||||||
|TS183EX|||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||~unr
tncte|~Restri
d|||~Res ri
d||
|---|---|---|---|---|---|---|---|
|||?unde|Eubdf||Euedt||Tetd|
||toke|922|?0?gf||~022|?072
E||
|Incoine||||||||
|Donations
8 legacies|2|21,769||21,769|23,449||23,449|
|Charitable
activities|3|75,746|2.131,244|2,206,990|43,587|1,812,159|1,855,746|
|Other trading activities|4|103.537||103,537|150,174||150,174|
|Investment
income|5|117||117|2,209||2,209|
|Totallncome||201.169|2,131,244|2.332,413|219,419|1.812,159|2,031,578|
|Expenditure:||||||||
|Raising funds|6|210,631||210,631|290,131||290,131|
|Chantable
activities|7|244,616|1.793,823|2,038,439|2'I3,258|1,219,974|1,433,232|
|Totalresources
expended||455,247|1,793,823|2.249.070|503,389|1,219.974|1,723,363|
|Net(outgoing)/incoming||||||||
|Resources before transfers||(254,078)|337,421|83,343|(283,970)|592,185|308,215|
|Gross transfers
between||||||||
|funds|20|304,583|(304,583)||132,455|(132,455)||
|Net movement
in funds||50,505|32.838|83,343|(151,515)|459.730|308,215|
|Funds brought
forward||||||||
|'I April2022||119,376|852,834|972,210|270,891|393,104|663,995|
|Funds carried forward||||||||
|31 March 2023|20|169,881|885,672|'l,055,553|119,376|852,834|972,210|
##
##
|||||2023|2022||
|---|---|---|---|---|---|---|
||||6|6|6||
|Fixed Assets|||||||
|Tangible assets||12||||81,932|
|Current Assets|||||||
|Stocks||14|1,082||952||
|Debtors||15|391,701||308,937||
|Cash at bank 8, in hand|||805,670||995,568||
||||1,198,453||1,305,457||
|Creditors: Amounts|falling due within one year|16|(191,991)||(390.756)||
|Net Current Assets||||1,006,462||914,701|
|Total assets less current liabilities||||1,076,825||996,633|
|Creditors: Amounts|falling due after more than||||||
|one year||17||(21.272)||(24,423)|
|NetAssets||||1,055,553||972,210|
|Income Funds|||||||
|Restricted funds||20||885,672||852,834|
|Uni estricted funds||20||169,881||119,376|
|||||1',055,553||972,210|
##
|||||f|2023
8|6|2022
6|
|---|---|---|---|---|---|---|---|
|Fixed Assets||||||||
|Tangible assets|||12||13.758||14,392|
|Investments|||13||1||1|
|CurrentAssets|||||13,760||14,393|
|Debtors|||15|384,846||476,005||
|Cash at bank|& in hand|||801.047||987,270||
|||||1.185,893||'l,463,275||
|Creditors: Amounts||falling due within one year|16|(172.238)||(343,032)||
|Net Current|Assets||||1,013,655||1.120.243|
|Total assets|less current liabilities||||1,027,415||1,134,636|
|Income Funds||||||||
|Restricted funds|||20||885,672||652,634|
|Unrestricted|funds||20||141,743||281,802|
||||||1,027,415||1,134,636|
##
||||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||otes|F||E||
|Cash flows from operating activities|||||||||||
|Cash generated
from||operations||||25||(175,168)||494,053|
|Investing|activities||||||||||
|Purchase|oftangible|fixed|assets|||12|(11,687)||(59,690)||
|||||||||(11,687)||(59,690)|
|Financing|activities||||||||||
|Loan repayments|||||||(3,043)||(2,534)||
|Net cash|generated|from/(used||in) financing|||||||
|activities||||||||(3,043)||(2,534)|
|Net increase in cash||and|cash|equivalents||||(189,898)||431,829|
|Cash and|cash equivalents||at beginning||ofyear|||995,568||563,739|
|Cash and|cash equivalents||at end of||year|||805,670||995,568|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2|DONATIONS
AN|D LEGACIES|||||
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2023|2022|
|||||||E|
||Donations
and gIIts||||6,769|8,449|
||Ballinger Grant||||15,000|15,000|
||||||21,769|23449|
|3|INCONIE FROM|CHARITABLE ACTIVITIES|||||
||||Unrestricted|Restricted|||
||||Funds|Funds|Total|Total|
||||2023|2023|2023|2022|
||||6|E|6|f|
||Supported
housing|||64,678|64,678|72,600|
||Recovety service|||1,388,109|1,388,109|1,230,890|
||project Adder Housing project|||142,000|142.000|143,062|
||jobs, Friends, Houses|||||173,485|
||IPSemployment|services||321,319|321,319|97,512|
||Other grants||75,746|179,138|254,884|138,197|
||Telephone
support
line|||36,000|36,000||
||||75,746|2,131,244|2,206.990|1,855,746|
|4|OTHER TRADING ACTIVITIES||||||
||||||Unrestricted|Unrestricted|
||||||Funds|Funds|
||||||2023|2022|
||||||E|E|
||Income from trading subsidiaty||||103,537|'I50,174|
||Income above is|broken down as follows;|||||
||||||2023|2022|
||||||6|6|
||Sales ofgoods and services||||95,898|105,577|
||Covid grants|||||39,747|
||Capital grant released||||4,890|4,462|
||Kickstart program||||2,209||
||Othersundry
donations||||540|368|
||||||'I.03,537|150,174|
|5|INVESTMENT INCOME||||||
||||||Unrestricted|Unrestricted|
||||||funds|Funds|
||||||2023|2022|
||||||F.|E|
||~ank interest received||||117|2,209|
||||||117|2,209|
##
##
##
|||||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Unrestricted
Unrestricted|
|---|---|---|---|---|---|---|---|---|
|||||||Funds||Funds|
|||||||2023||2022|
|||||||||f|
|ICRtEQBJdB5|||||||||
|Staffcosts||||||103,839
169,583|||
|Direct and||other support costs||||106,792
120,548|||
|||||||210,631
290,131|||
|Trading costs||||||210,631
290,131|||
|EXPENDITURE ON CHARITABLE|||ACTIVITIES||||||
|||||~Rt c ed|||~steer||
||||ES064|Bulrh||~F ~|Funds|T~I|
||||8088f|2023
6||2022f|~202
f|~02f|
|Direct costs|||||||||
|Staifcosts|||71,751|1,326,096|1,397,847|9,938|828,255|838,193|
|Staff and volunteer||travel|3,867|26,206|30.073|1,641|10,889|'I2,530|
|Service user|costs||1,999|41,075|43,074||30,734|31,359|
|Allotment costs||||4.677|4,677|3,548|1,766|5,314|
|Event costs|||6,014|3.161|9,175|1.236|555|1,791|
|Vehicle costs||||3,529|3,529||3,877|3,877|
|Publicity|||2,791|11,340|14.131|6,017|11,645|17,662|
|Consultancy|||2,175|3,474|5,649|2,181|66,595|68,776|
|Programme|and licence||819|7987|8,106|'I,431|6,548|7,979|
|I-lealthcare
and monitoring|||638|6,181|6,819|1,864|1,245|3,109|
|Totals|||90,054|'I,433.026|1.523.080|28,481|962,109|990.590|
|Sltpport costs|||||||||
|Staff costs|||125,408|118,739|244,147|112,125|116,001|228,'l26|
|Depreciation||||8,377|8,377|8,823||8,823|
|Computer
running||costs|R370|17,777|20,147|2,729|22,918|25,647|
|Cleaning and|sundry expenses||5,258|47,474|52.732|9,770|7,357|17,127|
|DBScheck|||139|2,399|2,538|1,568|816|2,384|
|Insurance|||2,319|17,165|19,484|5,074|9,929|15,003|
|Training|||566|40,026|40,592|746|31,437|32,183|
|Light 8,heat||||15,320|15,320|3,599|14,326|'I7,925|
|Telephone||||6,157|8,016|985|4,190|5,175|
|PPS||||3,823|4.355|1,390|2,078|3,468|
|Repairs||||3,246|3,246|1,426|3,807|5,233|
|Recruitment|costs|||1,351|1.351|71|1,265|1,336|
|Rent 8 rates||||56,300|56,300|517|43, 'I 80|43,697|
|Bank charges|||792|98|890|312|61|373|
|Irrecoverable|VAT||19,576||19.S76|13,028||13,028|
|Overhead
recharge|||(22,545)||||||
|Governance|costs||18,288||18,288|22,614||23,'l14|
||||154,562|360.797|515,359|184,777|257,865|442,642|
||||244,616|1.793,823|2,038.439|213,258|1,219974|1,433,232|
##
##
##
|GOVENAN|CE
COSTS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||~unr|1st|geesri||ri|ed|~re|||
||||||Eettda||||foot(a||T~oa I|
||||||2028
6||||~02
E||2022f|
|Accountancy||||7,558||7,558|9,652||||9,652|
|Audit||||10,000||10.000|12,000||||12,000|
|Legalfees||||730||730|962||500||1,462|
|||||18,288||18,288|22,614||||23,114|
|NET INCOME FOR THE||YEAR||||||||||
|||||||||2023||2022||
|This is stated after charging:-||||||||8||E||
|Depreciation||||||||23,256|21,117|||
|Auditors'|remuneration|—for audit||||||10,000|12,000|||
|||—for|accountancy|||||2.500|12,702|||
##
##
##
|EMPLOYEES|||||
|---|---|---|---|---|
||||2023|2022|
||||Number|Number|
|The average
monthly|number ofemployees|dunng the year was|75|66|
|Employment
costs|||2023|2022f|
|Wages and salaries|||1,585,282|1,109,'I 98|
|Social security costs|||126,505|85,417|
|Other pension costs|||27,937|20,269|
||||'1,739.724|'l,214,884|
||||2023|2022|
|---|---|---|---|---|
||||number|Number|
|f60,000|tof70,000|p.a.|||
##
|o|o|estotheAccount|fo|eyear|End
31M|ar h|||
|---|---|---|---|---|---|---|---|---|
|12
TANGIBLE FIXEDASSETS|||||||||
|CONSOLIDATED||Imprrem~ns|~Plan
~Eui
m nt||~ltul'
~ittin|Q(858
~Eui
t|||
||||||E||||
|Cost|||||||||
|At 1 April 2022||31,944|17.297||92,620|59.731||250.827|
|Additions||||3,943||7,744||11,687|
|Disposals|||||(54,275)|(34,129)||(88,404)|
|At 31 March 2023||31,944|21,240||38.345|33,346|49.235|174,110|
|Depreciation
and impairment|||||||||
|At 1 April 2022||3,971|11,140||78,808|53,508|21.468|168,895|
|Depreciation
charged|in year|3,354||2,832|5,665|4.605|6,800|23,256|
|Eliminated
on disposal|||||(54,275)|(34.129)|-|(88,404)|
|At 31 March 2023||7,325|13,972||30,198|23,984|28,268|103,747|
|Carrying amount|||||||||
|At31 March 2023||24,619||Ts268|8,147|9,362|20,967|70,363|
|At 31 March 2022||27,973||6.157|13,812|6,223|27,767|81,932|
|||~teaseh
d
Lmmrro~vaMnta|JPPtk
~fi
men||re
FltllFS|QEsa
mssneenntt|~MU
r
)Isblsha||
||||||5||E||
|Cost|||||||||
|At 1 April 2022||||8,034|85.337|57,822|15,235|167,489|
|Additions||||||7,744||7,744|
|Disposals|||||(54,275)|(34,129)||(88,404)|
|At 31 March 2023||1,061|8,034||31,062|31,437|15,235|86,829|
|Depreciation
and impairment|||||||||
|At 1 April 2022||85|7,778||76,937|53.062|15.235|153,097|
|Depreciation
charged|in year|265||256|3,845|4,011||8,377|
|Eliminated
on disposal|||||(54,275)|(34.129)||(88,404)|
|At 31 March 2023|||8,034||26,507||15.235|73.070|
|Carrying amount|||||||||
|At 31 March 2023||711|||4,555|IL493||13,759|
|At 31 March 2022||976||256|8,400|4,760||14,392|
##
##
|||Registered|Nature of|Business|Class of|56Held|
|---|---|---|---|---|---|---|
|Name of|Undertaking|Office|||Shares held|Direct/indirect|
|Recoveiy|Connections|UK|Restaurants,|event space and||100.00|
|Enterprise|Limited||florist||||
|Connections
Limited.
A summary
of the results ofthe subsidiary a|
re shown below:-||
|---|---|---|
||2023|2022|
||E|5|
|Turnover|148,789|123,039|
|Cost ofsales|(141,285)|(191,604)|
|Gross profit/{loss)|7,504|(68,565)|
|Administrative
expenses|(68.663)|(97,956)|
|Other operating income|7,639|44,597|
|interest payable and similar expenses|(683)|(571)|
|(Loss)/Profit for the financial year|(54,203)|(122,495)|
|The aggregate ofthe assets, liabilities and funds wasp|||
|Assets|73,700|84,258|
|Liabilities|(269,056)|(222,260)|
|Non-current
liabilities|(21,272)|(24,423)|
||(216,628)|(162,425)|
|Called up share capital|1|1|
|Profit &loss reserves|(216,629)|(162,426)|
||(216,628)|(162,425)|
|STOCKS|||
|CONSOLIDATED|2023|2022|
||E|E|
|Finished goods and goods for resale|1,082|952|
|CHARITY||2022|
|||E|
|Finished goods and goods for resale|||
##
##
##
##
|CONSOLIDATED|CONSOLIDATED||||2023|2022|
|---|---|---|---|---|---|---|
||||||E||
|Amounts
falling due||within|oneyear:||||
|Trade debtors|||||303,848|246,167|
|Other debtors|||||22,549|23,112|
|Prepayments|and accured income||||65.304|39,658|
||||||391,701|308,937|
|CHARITY|||||||
|Amounts
falling due||within|one yean||||
|Trade debtors|||||299,699|242,964|
|Amounts
owed by subsidiary|||undertakings|||174,535|
|Other debtors|||||22,518|22,500|
|Prepayment
and accured income|||||62,629|36,006|
||||||384,846|476,005|
|CREDITORS:Amounts||falling|due within one year:||||
|||||||2022|
|CONSOLIDATED||||||E|
|Bankloans||||18|3,151|3,043|
|Other taxation|and social security||||40,603|43,863|
|Deferred income||||19|89.058|276.870|
|Trade creditors|||||28,266|35,047|
|Other creditors|||||7,514|6,395|
|Accruals|||||23,399|25,538|
||||||191,991|390,756|
|||||||2022|
|CHARI1Y||||||E|
|Other taxation|and social security||||46,139|35,749|
|Deferred income||||19|73.982|256,904|
|Trade creditors|||||26,042|27,563|
|Other creditors|||||6,856|4,053|
|Accruals|||||20,219|18,763|
|||||||343,032|
|CREDITORS:Amounts||falling|due after more than one year:||||
|CONSOLIDATED|||||||
|Bankloans||||I8|21,272|24,423|
##
##
##
##
##
|||||~ovem
.niin Furab|~ovem
.niin Furab|||
|---|---|---|---|---|---|---|---|
|CONSOLIDATED||||~lncomin|~Rur es|||
|||||resources|~ex ended||2~02|
||||E|E||E|E|
|Recovery
Service|(MBC)||122,104|562,045|(467,911)|(153,288)|62,950|
|Universal
Grant(MBC)|||88,223|133,400|(92,481)|(13,340)|115,802|
|Recovery Service|(CGL Gateshead)||106,694|306,586|(301,874)|(31,776)|79,630|
|Recovery Service|(Sunderland)||36,260|213,917|(I84,411)|(17,966)|47,800|
|Recovery Service|(Stockton)||85,851|165,337|(146,102)|(17,054)|88,032|
|Other grants|||96,217|110,086|(110,678)|(8,922)|86,703|
|ProjectAdder
Housing
Project(iMBC}|||259,152|142,000|(143,362)|(14,200)|243,590|
|IPSemployment|services|(M BC)|58,333|132,160|(93,189)|(12,015)|BS,289|
|Telephone
Support
Line||(MBC}||36,000|(29,537)||6,463|
|~oxing Gym (MBCI||||15,000|(664}||14,336|
|lPSemployment|services|(Sunda rland)||51,540|(43,117}|(6533)|'1„890|
|Changing
Futures|(Sunderland)|||87,936|(76,006}|(7,994)|3,936|
|1PSemployment|services|(Stockton}||99,413|(46,033)|(9,941)|43,439|
|Recovery Service|(Darlington)|||37,617|(31,997}|(3,762)|1,858|
|IPSemployment|services|(Darlington)||38,207|(26,461)|(7,792)||
||||852,834|2,131,244|(1,793,823)|(304,583)|885,672|
|Unrestricted
Funds|||281,802|97,632|(244,616)|251,692|386,510|
|Trading subsidiary|||(162,426)|103,537|(210,631)|52,891|(216,629)|
||||972,210|2,332,413|(2,249,070)||1,055,553|
##
##
##
##
||||||~Mmao00gliada|||
|---|---|---|---|---|---|---|---|
|CONSOLIDATED||||Incoming|Resources|T~ran fers||
|||||Efyoarrces|~ex end||2()gk|
||||6|6|6|E||
|Recovery Service|(MBC)||27,428|449,513|(387,841)|(33,761)|55,339|
|Universal
Grant|(MBC)|||133,400|(45,177)||88,223|
|Recovery Service|(CGL|Gateshead)|39,826|309,153|(214,169)|(28,116)|106,694|
|Recovery Service|(Sunderland)|||122,498|(74,097)|(12,141}|36,260|
|Recovery Service|(Stockton)||20,241|216,326|(129,180)|(21,536}|85,851|
|Other grants|||165,038|94,610|('l20,874)|(30,910)|107,864|
|Supported
Housing
(Residential||||||||
|Rehabilitation)|||50,571|72,600|(68,053)||55,118|
|Project Adder
Housing||Project (MBC}|90,000|143,062|(69,183)|(3,775)|160,'I04|
|Jobs, Friends, Houses(MBC)||||173,485|(74,437)|||
|IPSemployment|services(MBC}|||97,512|(36,963)|(2,216)|58,333|
||||393,104|1,812,159|(1,2'l9,974)|(132,455)|852,834|
|Unrestricted
Funds|||3'I0,822|69,245|(213,258)|1'l4,993|281,802|
|Trading subsidiary|||(39,93'I}|150,174|(290,131)|17,462|(162,426)|
||||663,995|2,031,578|(1,723,363)||972,210|
##
##
##
||~ur
tricted|geestri||~unr|r'
d|geatdtted||
|---|---|---|---|---|---|---|---|
||Eanda|~end|Xsttai||Baidt|Funda|Icaa(|
||2028|2628|2023||2922|2022|2022|
||E||E||E|E|E|
|Fund balances at 31 March|2023are represented|by:||||||
|Tangible assets|70,363||70,363||81,932||81,932|
|Current assets/(liabilides)|120,790|885,672|1,006,462||61,867|852,834|914,701|
|Long term liabilities|(21,272)|~|(21,272)|(24,423)||-|(24,423)|
||169,881|885,672|1,055,553|119,376||852,834|972,210|
##
||||||2022|
|---|---|---|---|---|---|
||||||f|
|Within one year
Within one to five years||||15,000
37~|15,000
52,500|
||||||67,500|
|RELATED PARTY TRANSACTIONS||||||
|Remuneration|ofkey management|personnel||||
|The remuneration|of key management|personnel|is as follows:—|||
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||E|f|
|Aggregate
compensation|||||150,065|56,426|
|Key management|personnel|consisting|ofthe senior leadership|team.|||
|There were no related party||transactions|in the year.||||
|RESULTS OF PARENT|||||||
||||||2023||
||||||E||
|Total incoming|resources||||2,228,876||
|rfet movement|in funds||||(107,221)||
##
##
##
##
|CASH GENE|RAT|ED|FRO|M OPERATIONS||||
|---|---|---|---|---|---|---|---|
||||||||2022|
|Surplus/(deficit)||for|the|year|||308,215|
|Adjustments|for:|||||||
|Depreciation|of|tangible||fixed assets||23,236|21,117|
|Movements|in working|||capital:||||
|(increase)/decrease|||in stocks|||(130)|891|
|(Increase)in|debtors|||||(82.764)|(95,061)|
|Increase/(decrease)|||in creditors|||(201,916)|256,357|
|Loan repayments||||||3,043|2,S34|
|Cash generated||from operations||||(175,168)|494,053|
|ANALYSIS OF CHANGES||||IN NET FUNDS||||
||||||At 1April 2022|Cash flaws At|31March 2023|
||||||6|6|E|
|Cash at bank|and|in|hand||995.568|(189,898)|805,670|
|Loans falling|due|within||one year|(3,043)|(I08)|(3,15'I)|
|Loans falling|due|after more than one year|||(24,423)|3,151|(21,272)|
||||||968,102|(186,855)|781,247|
##