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REGISTERED COMPANY NUMBER: 07886315 (England and Wales) REGISTERED CHARITY NUMBER: 1148731
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 FOR REAL DEAL PLUS LTD
Contents
Annual Report of the Trustees Pages 1-3 Financial Statements Pages 4-6 Independent Examiner’s Report Page 7
REAL DEAL PLUS LTD
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 DECEMBER 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 December 2019. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ as applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) effective January 2015.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07886315 (England and Wales)
Registered Charity number
1148731
Registered Office Bank 29 Leander Avenue HSBC Bank Choppington 110 Grey Street Northumberland Newcastle upon Tyne NE62 5AX NE1 6JG Trustees Independent Examiner A Lodge-Johnston Rev’d. A. A. Clements MA, ACIB, ACIE. A Hargreaves 15 Carleton Road, J Pearce Great Knowley, T Benjamin Chorley PR6 8TQ
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are appointed according to the memorandum and articles of association.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Reserves policy
It is the intention of the Trustees to have available the equivalent of 3 months income to satisfy normal expenditure wherever possible. Any surplus funds to be deposited in an interest-earning account.
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OBJECTIVES AND ACTIVITIES
Our aims and objectives.
Our charity’s purpose as set out in the objects contained in the company’s memorandum of association is thus:
RELIEF OF HOMELESS AND OTHER PERSONS WHO ARE IN NEED, HARDSHIP OR DISTRESS, IN PARTICULAR (WITHOUT LIMITATION) THROUGH THE PROMOTION AND PROVISION OF SUPPORTED ACCCOMMODATION, THE PROVISION OF RESPITE, EDUCATION, TRAINING, INFORMATION AND ADVICE FOR SUCH PERSONS BY PROVIDING FACILITIES WHICH WILL LEAD TO SELF-RELIANCE AND INDEPENDENT LIVING WITHIN THE COMMUNITY
HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT
Our main activities and who we try to help are described above. The trustees are mindful of the Charity Commission guidance on Public Benefit.
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BRIEF REPORT OF ACTIVITIES 2024
This year we have again seen an increase in the need for support by vulnerable members of the local community especially in the areas of food poverty and isolation (and the associated mental health issues & stresses due to cost of living increases and the fuel crisis). We have faced significant challenges regarding funding over the last year and this has reflected in the staffing levels and reliance once again on volunteers.
We have been able to provide significant support to both members of the local community and asylum seekers in our Community Café, signposting service, Teen Bar and via our in-house Food Bank.
Teen Bar attendance continues to be significant with young facing increasing challenges in todays society and we have been able to offer significant support to them and provide activities which aid their people’s mental health.
We are extremely grateful to both members of the community and local businesses who have helped us by fundraising, volunteering and supporting the work we are doing and to all our funders and fundraisers who have helped us support so many vulnerable people.
The Charity carries out a wide range of projects and community activities in pursuance of its Charitable Aims. The Trustees consider that these activities provide benefit to the residents of South East Northumberland and in particular to Ashington.
Use of Volunteers
Volunteers are a vital resource in our Community work and are involved in all our community activities. We currently have approx 5 volunteers freely donating their time and resources to support the Charity and its work. Volunteer availability has decreased substantially over the last few years with older people now having to step in to support family with childcare. We encourage all of our clients to become involved in voluntary activities and share their skills with others. All staff & volunteers working with children in our Teen Bar and other vulnerable groups are DBS checked.
The directors of the company are also the charity trustees for the purposes of charity law. At the balance sheet date the charity is managed by a board of four trustees selected because they strongly endorse the charitable objectives of the organisation and support its Christian ethos. When selecting trustees, the charity aims to ensure there is a broad range of relevant skills. Trustees are appointed after interviews with existing trustees and formal visits to the organisation, to ensure that they understand our vision and values. Trustees are subject to Disclosure and Barring Service checks where applicable.
The Trustees wish to thank everyone for their continued support and encouragement, their observations and suggestions over the past year were both welcomed and appreciated.
Public benefit statement In accordance with the Charities Act 2006, Real Deal Plus is required to confirm that the activities it undertakes to achieve its objectives are all carried out for the public benefit as described by the Charity Commission. The beneficiaries of the charity are members of the public who are in need because of homelessness, poverty and associated issues. Through its activities, Real Deal Plus seeks to relieve poverty by delivering life-changing services. The Trustees have described in this report the charitable public benefit of our activities. The Trustees regularly review Real Deal Plus’ progress against its aims and objectives and confirm that they have complied with their duty in the Charities Act 2008 to have due regard to public benefit guidance published by the Charity Commission.
……………………………………………………………… Date…… 28/07/2025 A. Lodge-Johnston – Trustee
Real Deal Plus Ltd
Statement of Financial Activities
For the period from 01 January 2024 to 31 December 2024
| Unrestricted | Restricted | Endowment | Total | Prior year | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |
| Receipts | |||||
| Donations and legacies | 2,195.00 | - | - | 2,195.00 | 74,151.86 |
| Income from charitable activities | 3,362.00 | - | - | 3,362.00 | 7,152.00 |
| Other trading activities | 600.00 | - | - | 600.00 | 450.00 |
| Investments | - | - | - | - | - |
| Other income | 1,190.68 | 30,519.99 | - | 31,710.67 | 74,679.87 |
| Total income | 7,347.68 | 30,519.99 | - | 37,867.67 | 156,433.73 |
| Payments | |||||
| Raising funds | - | - | - | - | - |
| Expenditure on charitable activities | 31,592.23 | 59,720.93 | - | 91,313.16 | 137,688.61 |
| Other expenditure | 7,292.00 | 6,677.54 | - | 13,969.54 | 20,290.58 |
| Total expenditure | 38,884.23 | 66,398.47 | - | 105,282.70 | 157,979.19 |
| Net income / (expenditure) resources before transfer | (31,536.55) | (35,878.48) | - | (67,415.03) | (1,545.46) |
| Transfers: | |||||
| Gross transfers between funds - in | 12,000.00 | - | - | 12,000.00 | 15,027.47 |
| Gross transfers between funds - out | - | (12,000.00) | - | (12,000.00) | (15,027.47) |
| Other recognised gains / losses | |||||
| Gains/losses on investment assets | - | - | - | - | - |
| Gains on revaluation,fixed assets,charity's own use | - | - | - | - | - |
| Net movement in funds | (19,536.55) | (47,878.48) | - | (67,415.03) | (1,545.46) |
| Reconciliation of funds | |||||
| Total funds brought forward | 101,988.89 | 93,281.86 | - | 195,270.75 | 196,816.21 |
| Total funds carried forward | 82,452.34 | 45,403.38 | - | 127,855.72 | 195,270.75 |
(17 July 2025 11:01 am) Page 1 of 1
Approved by the Trustees at their meeting on 28[th] August 2025 and signed on their behalf by:
_____ ____ Arthur Lodge-Johnston (Trustee)
Real Deal Plus Limited Notes to the Financial Statements for the year ended 31[st] December 2024.
1. Accounting Policies.
Basis of Preparation
The financial statements have been prepared under the historic cost convention and in accordance with applicable accounting standards, Statement of Recommended Practice: Reporting and Accounting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective January 2015) and the Companies Act 2006 and the provisions of the Charities Act 2011.
Income Recognition
Items of income are recognised in the statement of financial activities when entitlement has passed to the charity and the amounts are certain and measurable. Any income received that relates exclusively to future periods is deferred on the Balance Sheet.
Donated Goods
The great majority of donated goods were gifted for general hospitality purposes and given to those in considerable need and were not resold by means of a charity shop. Such gifts have not been recognised in the accounts in view of their low value and being too numerous to quantify.
The income from donated goods that are subsequently sold is recognised when the sale is made and cash is received.
Expenditure
Expenditure is recognised in the statement of financial activities when there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of that obligation can be measured reliably.
Allocation of Costs
Direct Activity costs comprise those costs that contribute directly to an activity and are allocated to the relevant activity. Support costs comprise of those costs that are necessary to deliver an activity but in themselves do not produce or deliver any activity. They include administration, finance, personnel and payroll, premises costs and legal and professional costs.
Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures, fittings and equipment - 25% reducing balance
During the year all capital expenditure was funded from grants received with such expenditure being solely used to fulfil the objects for which the grant was made. The cost of such assets is treated as being the actual cost less the amount of the grant received.
Funds
Restricted funds represent income received which the donor has specified is to be solely used for a particular purpose.
Unrestricted funds are those funds available to spend on activities that further any of the purposes of the charity.
Independent Examinees Report to the Tn of Real Deal ilmlted. I report on the accounts ofthe company forthe yearended 31°. December 2024 which are Set out in thi5 Report. Respertl¥e responslbllitles oltrustees and examlner. The trustees Iwho are also the dirertors of the charity for the purpose5 of company lawl are responslble for the preparation of the accounts. The tnjstees consider that an audit Is not required for the year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an Independent examlnation is needed. Havin8 satisfied myself that the charlty is not svbject to audit under company law and is ellglble *or independent examination, It is my responsibility to= examine the accounts under Section 145 of the 2011 Att to follow the procedure5 laid down in the general Directions given by the Charity Commi55ion under settion 14515llbl of the 2011 Act, and to State whether particular matters have tome to my attention. Basls ol the Independent examlnerfs reporL My e¥Jrnination was carried out in accordance wth the general Dlrettlons given by the Charlty Commission. An examlnatlon includes a revlew of the accounting records kept by the charity and a comparison of the accounts presented wfth those records. 11 also Indudes consideration ol any unusual Items or disclosures In the accounts and seeklng explanations from you as trustees concerning any such matter5. The procedures undertaken do not provide all the evidence ihat would be required in a audit and consequently no opinion is 8iven as to whether the accounts present a 'true and fair view, and the report is limited to those matter5 set oul in the statement below. Independent examlnerfs 5tatemenL In connect¢on with my examinatson, no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the requlrements -to keep accounting records In attordance with sectlon 386 of the Companles Act 2006,. and -to prepare accourrts which accord wfth atcountlng COrdS. comply with the accountin requlrements of 5ertlon 386 of the Companies Art 2006 and with the methods and principles of the Statement of Recommended PraCtI-. Accounting and Reporting by Charitie5 have not been met,. or 121 to which, in my opinion, attention should be drawn In order to enable a proper underst3ndlng ol the accounts to be reached. Signed .. . Date. 22 . August 2025. Fellow of the Association of Charity Independent Examiner& Address 15 Carlelon Road, Great Knowley, Chorfey PR6 8T