| Page | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | directors' | report) | |||
| Independent examiner's |
report to the | trustees | 10 | ||||
| Statement of financial activities |
(including | income and expenditure | account) | ||||
| Balance sheet | 12 | ||||||
| Statement ofcash flows | 13 | ||||||
| Notes to the financial statements | 14 |
| Registered | charity | name | Fresh Start New | Beginnings |
|---|---|---|---|---|
| Charity registration | number | 1149347 | ||
| Company | registration number |
08128922 | ||
| Principal office and | registered | 333Felixstowe | Road | |
| office | Ipswich | |||
| Suffolk | ||||
| IP3 9BU |
| Mrs C Horsley (Chair) | ||||||
|---|---|---|---|---|---|---|
| Mrs D Porter (Resigned | 25/03/21) | |||||
| Mrs A Huckle | ||||||
| Mr P Carruthers (Resigned Mr0 Gravell |
13/02/21) | |||||
| Mrs L Gittins (Resigned | 04/03/21 | and reappointed | 06/05/21) | |||
| Mrs E Clifton (Appointed | 11/11/21) | |||||
| Mr M Parker (Appointed | 11/11/21) | |||||
| Mrs E Silver (Appointed | 11/11/21) | |||||
| Mrs K Allen (Appointed | 11/11/21) | |||||
| Mrs K Symonds (Appointed |
11/11/21) | |||||
| Company secretary | Mr BPaternoster | |||||
| Independent | examiner | L Thurston FCCA |
||||
| Lovewell Blake LLP | ||||||
| Chartered accountants |
||||||
| First Floor Suite | ||||||
| 2 Hillside Business Park | ||||||
| Bury St Edmunds | ||||||
| IP32 7EA | ||||||
| Bankers | HSBC | |||||
| 12Tavern Street | ||||||
| Ipswich | ||||||
| Suffolk | ||||||
| IP1 3AZ |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| Note | f. | 6 | ||||
| Income | ||||||
| Donations | 5 | 123,348 | 220,432 | 343,780 | 285,150 | |
| Charitable activities |
119,460 | 190,436 | 309,896 | 244,421 | ||
| Income from fundraising | 9,136 | |||||
| Investment income |
6 | 107 | 107 | 374 | ||
| Total income | 242,915 | 410,868 | 653,783 | 539,081 | ||
| Expenditure | ||||||
| Raising funds | ||||||
| Cost offundraising | 60,407 | 60,407 | 69,099 | |||
| Charitable activities |
7 | 25,494 | 377,468 | 402,962 | 428,810 | |
| Total expenditure | 25,494 | 437,875 | 463,369 | 497,909 | ||
| Net income and net movement | in funds | 217,421 | (27,007) | 190,414 | 41,172 | |
| Reconciliation offunds |
||||||
| Total funds brought forward |
254,499 | 80,936 | 335,435 | 294,263 | ||
| Total funds carried forward | 471,920 | 53,929 | 525,849 | 335,435 |
| 31 March 202 | 1 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | 2021 6 |
f | 2020 | ||||||
| Fixed assets | |||||||||
| Tangible fixed assets | 12,737 | 7,930 | |||||||
| Current assets | |||||||||
| Debtors | 12 | 66,239 | 82,524 | ||||||
| Cash at bank and | in | hand | 458,098 | 276,627 | |||||
| 524,337 | 359,151 | ||||||||
| Creditors: Amounts | falling due within | ||||||||
| one year | 13 | (11,225) | (31,646) | ||||||
| Net current assets | 513,112 | 327,505 | |||||||
| Total assets less | current | liabilities | 525,849 | 335,435 | |||||
| Net assets | 525,849 | 335,435 | |||||||
| Funds ofthe charity | |||||||||
| Restricted funds | 53,929 | 80,936 | |||||||
| Unrestricted funds |
471,920 | 254,499 | |||||||
| Total charity funds | 15 | 525,849 | 335,435 |
| Year ended | 31 March | 2021 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Cash flows from operating | activities | ||||
| Net income | 190,414 | 41,172 | |||
| Adjustments for: |
|||||
| Depreciation oftangible fixed assets |
3,585 | 1,237 | |||
| Other interest receivable and similar income |
(107) | (374) | |||
| Interest payable | and similar | charges | 349 | 479 | |
| Changes/n: | |||||
| Trade and other | debtors | 16,285 | (31,557) | ||
| Trade and other | creditors | 8,329 | (22,914) | ||
| Cash generated | from operations | 218,855 | (11,957) | ||
| Interest paid |
(349) | (479) | |||
| Interest received | 107 | 374 | |||
| Net cash from/(used in) operating activities |
218,613 | (12,062) | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible assets | (8,392) | (8,643) | |||
| Net cash used in |
investing activities |
(8,392) | (8,643) | ||
| Net increase/(decrease) in |
cash and cash | equivalents | 210,221 | (20,705) | |
| Cash and cash | equivalents | at beginning | ofyear | 276,627 | 297,332 |
| Cash and cash | equivalents | at end ofyear | 486,848 | 276,627 |
| 5. | liability in res Donations |
pect of the guarantee | is limited to 81 per me | mber of the char | ity. | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds 9 |
Funds f |
2021 | ||||
| Donations | ||||||
| Donations | 38,255 | 38,255 | ||||
| Grants | ||||||
| Grants | 85,093 | 220,432 | 305,525 | |||
| 123,348 | 220,432 | 343,780 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2020 | ||||
| 5 | ||||||
| Donations | ||||||
| Donations | 85,308 | 85,308 | ||||
| Grants | ||||||
| Grants | 199,842 | 199,842 | ||||
| 85,308 | 199,842 | 285,150 | ||||
| 6. | Investment | income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds f |
2021 | Funds 9 |
2020 | |||
| Bank interest | receivable | 107 | 107 | 374 | 374 |
| Expenditure | on charitabl | e activities |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds f |
Funds f |
2021 | |||
| Salaries | 21,909 | 319,975 | 341,884 | ||
| Subcontractors | 1,423 | 1,423 | |||
| Recruitment | 436 | 436 | |||
| Rent and rates | 10,957 | 10,957 | |||
| Other premises and room |
hire | 8,312 | 8,312 | ||
| Professional | fees | 5,936 | 5,936 | ||
| Independent | examination | fee | 1,080 | 1,080 | |
| Travel and expenses | 2,553 | 2,553 | |||
| Ptinting, postage and stationery |
3,933 | 3,933 | |||
| Sundry | 1,558 | 1,558 | |||
| Insurance | 1,929 | 1,929 | |||
| IT and telecommunications | 10,037 | 10,037 | |||
| Training | 7,029 | 7,029 | |||
| Marketing | 1,961 | 1,961 | |||
| Bank charges | 349 | 349 | |||
| Depreciation | 3,585 | 3,585 | |||
| 25,494 | 377,468 | 402,962 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds 6 |
Funds f |
2020 | |||
| Salaries | 135,976 | 203,679 | 339,655 | ||
| Subcontractors | 7,922 | 7,922 | |||
| Recruitment | 397 | 397 | |||
| Rent and rates | 9,954 | 9,954 | |||
| Other premises and room |
hire | 18,675 | 18,675 | ||
| Professional | fees | 10,240 | 10,240 | ||
| Independent | examination | fee | 1,440 | 1,440 | |
| Travel and expenses | 14,862 | 4,600 | 19,462 | ||
| Printing, postage and stationery |
4,639 | 4,639 | |||
| Sundry | 2,078 | 2,078 | |||
| Insurance | 1,649 | 1,649 | |||
| IT and telecommunications | 5,132 | 5,132 | |||
| Training | 2,686 | 2,686 | |||
| Marketing | 3,165 | 3,165 | |||
| Bank charges | 479 | 479 | |||
| Depreciation | 1,237 | 1,237 | |||
| 220,531 | 208,279 | 428,810 | |||
| Net income | |||||
| Net income is stated after | charging/(crediting): | ||||
| 2021 f |
2020 6 |
||||
| Depreciation | of tangible fixed assets | 3,585 | 1,237 |
| The total staff costs and employee benefits for the |
reporting period are analysed as follows |
: |
|---|---|---|
| 2021f | 2020f | |
| Wages and salaries | 353,558 | 354,050 |
| Social security costs | 24,117 | 27,478 |
| Pension costs | 7,651 | 6,815 |
| 385,326 | 388,343 |
| No trustees received any remuneration for their se expenses incurred as trustees. No trustee's were reimbursed for expenses in the year Tangible fixed assets |
rvices as trustees, nor were reimbursed for (2020:2Trustee's f1,599). |
|---|---|
| Computer | |
| equipmentf | |
| Cost | |
| At 1 April 2020 | 12,320 |
| Additions | 8,392 |
| At 31 March 2021 | 20,712 |
| Depreciation | |
| At 1 April 2020 | 4,390 |
| Charge for the year | 3,585 |
| At 31 March 2021 | 7,975 |
| Carrying amount |
|
| At 31 March 2021 | 12,737 |
| At 31 March 2020 | 7,930 |
| 12. | Debtors | ||||
|---|---|---|---|---|---|
| 2021 | 2020 f |
||||
| Trade debtors | 65,000 | 81,475 | |||
| Prepayments | and accrued income | 1,239 | 1,049 | ||
| 66,239 | 82,524 | ||||
| 13. | Creditors: Amounts | falling due within one year | |||
| 2021 | 2020 f |
||||
| Trade creditors | 873 | 745 | |||
| Accruals and | deferred | income | 1,200 | 29,950 | |
| Social security | and other taxes | 7,239 | |||
| Other creditors | 1,913 | 951 | |||
| 11,225 | 31,646 |
| Year ended 31 March | 20 | 21 | ||||||
|---|---|---|---|---|---|---|---|---|
| Restricted funds | At 31 Mar | |||||||
| At 1 Apr 2020f | Income 8 |
Expenditure | Transfers | 2021 6 |
||||
| Woman and girls fund | 2,000 | (2,000) | ||||||
| Hedley Foundation | 1,000 | (1,000) | ||||||
| Kelly Family Trust | 10,000 | 10,000 | ||||||
| SCFPort Community | Fund | 4,000 | (4,000) | |||||
| Broadland Meridian |
5,000 | (5,000) | ||||||
| Rotary Club of Ipswich | Fund | 1,000 | 1,000 | |||||
| Big lottery fund | 35,036 | 51,603 | (86,639) | |||||
| West Suffolk Council | 2,900 | (2,900) | ||||||
| Frank Jackson Fund | 5,000 | (5,000) | ||||||
| Martineau Fund |
2,000 | (2,000) | ||||||
| Harwich Haven |
2,000 | (2,000) | ||||||
| Catalyst | 2,000 | (2,000) | ||||||
| Lloyds Bank | 2,000 | (2,000) | ||||||
| Lovewell Blake Fund | 2,000 | (2,000) | ||||||
| Septagon Fund |
5,000 | (5,000) | ||||||
| NFC Hopkin Home |
(2,000) | (2,000) | ||||||
| SCF Reviving Communities |
5,093 | 5,093 | ||||||
| Shadwell Fund |
2,000 | 2,000 | ||||||
| Maitineau Fund |
2,000 | (2,000) | ||||||
| RJG Grantmaking Fund |
2,000 | 2,000 | ||||||
| Port Community Fund |
2,000 | 2,000 | ||||||
| YEFGrant | 12,600 | (12,600) | ||||||
| Sabariahs Fund |
1,000 | (1,000) | ||||||
| SCFCoronavirus Fund |
10,000 | (10,000) | ||||||
| Rope 3rd Charitable Fund |
4,788 | 4,788 | ||||||
| Anglian Water Fund |
2,500 | (2,500) | ||||||
| Co-op Community Care |
1,148 | 1,148 | ||||||
| SCF Coronavirus Fund |
5,000 | (5,000) | ||||||
| Annie Tranmer Fund |
1,000 | (1,000) | ||||||
| Ipswich BC | 3,000 | (3,000) | ||||||
| Seckford Foundation | 5,000 | (5,000) | ||||||
| SCF Coronavirus Fund |
4,500 | (4,500) | ||||||
| Mr & Mrs Smith Fund | 3,000 | 3,000 | ||||||
| West Suffolk Council | 11,600 | (11,600) | ||||||
| SCF Reviving Commnities |
||||||||
| Fund | 5,000 | (5,000) | ||||||
| SCFPte Fad/ RJB | ||||||||
| Grantmaking | 3,400 | (3,400) | ||||||
| NCF Breckland Council |
5,000 | 5,000 | ||||||
| Red Socks Charitable | Trust | 2,400 | 2,400 | |||||
| R C Snelling Charitable |
Trust | 2,000 | 2,000 | |||||
| NCF Early IntNulnrble | Families | 10,000 | (1,000) | 9,000 | ||||
| NCF Lane Family Fund | 5,000 | (500) | 4,500 | |||||
| SCF Bluebell Fund |
2,000 | 2,000 | ||||||
| NCF Clothworkers Foundation |
1,800 | (1,800) | ||||||
| NCF Covid Resilience | 5,000 | (5,000) | ||||||
| MoJ Emergency Funding |
Rnd | 1 | 5,500 | (5,500) |
| MoJ Emergency | Funding | Rnd 1 | 8,936 | (8,936) | ||
|---|---|---|---|---|---|---|
| MoJ Emergency | Funding | Rnd 2 | 31,000 | (31,000) | ||
| Lottery Covid 19 | Response | 49,000 | (49,000) | |||
| Norfolk CCGs | 85,000 | (85,000) | ||||
| Suffolk PCC | 60,000 | (60,000) | ||||
| 80,936 | 410,868 | (437,875) | 53,929 |
| Year ended 31 March | 2020 | |||||
|---|---|---|---|---|---|---|
| Restricted funds | At 31 Mar | |||||
| At1 Apr2019f | Income 6 |
Expenditure E |
Transfersf | 2020f | ||
| Garfield Weston | 25,000 | (25,000) | ||||
| Comic relief | 12,000 | 3,000 | (15,000) | |||
| Mulberry trust |
10,680 | (10,680) | ||||
| Davis family | 250 | (250) | ||||
| Woman and girls fund |
3,000 | (1,000) | 2,000 | |||
| Hedley Foundation | 1,000 | 1,000 | ||||
| Ipswich Borough Council |
3,000 | (3,000) | ||||
| The Ropes Trust | 2,600 | (2,600) | ||||
| Kelly Family Trust | 10,000 | 10,000 | ||||
| SCF Port Community | Fund | 4,000 | 4,000 | |||
| Broadland Meridian |
5,000 | 5,000 | ||||
| Harris Family Fund |
2,000 | (2,000) | ||||
| Fonnerau Fund |
5,000 | (5,000) | ||||
| Tampon Tax | 5,000 | (5,000) | ||||
| Suffolk Giving | 2,000 | (2,000) | ||||
| Shadwell Fund |
2,000 | (2,000) | ||||
| SCFRJBGrantmaking | 2,000 | (2,000) | ||||
| Higham Family Fund |
4,000 | (4,000) | ||||
| Greyfriars Round Table Fund |
16,534 | (16,534) | ||||
| Rotary Club of Ipswich | Fund | 1,000 | 1,000 | |||
| Big lottery fund | 48,523 | 99,562 | (113,049) | 35,036 | ||
| West Suffolk Council | 11,600 | (8,700) | 2,900 | |||
| Frank Jackson Fund | 5,000 | 5,000 | ||||
| Seckford Foundation | 5,000 | (5,000) | ||||
| Martineau Fund |
2,000 | 2,000 | ||||
| Harwich Haven |
2,000 | 2,000 | ||||
| Catalyst | 2,000 | 2,000 | ||||
| Lloyds Bank | 2,000 | 2,000 | ||||
| Lovewell Blake Fund |
2,000 | 2,000 | ||||
| Septagon Fund |
5,000 | 5,000 | ||||
| NFC Hopkin Home | 2,000 | (2,000) | ||||
| 105,907 | 199,842 | (208,279) | (16,534) | 80,936 |
| Tangible | fixed | Current | Current | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | assets | liabilities | Total | |||||||||
| E | E. | E | E | |||||||||
| Restricted | fund | 53,929 | 53,929 | |||||||||
| Unrestricted | funds: | |||||||||||
| General | funds | 1 | 2,737 | 245,408 | (11,225) | 246,920 | ||||||
| Designated | funds | 225,000 | 225,000 | |||||||||
| 12,737 | 524,337 | (11,225) | 525,849 | |||||||||
| Year ended | 31 | March | 2020 | |||||||||
| Tangible | fixed | Current | Current | |||||||||
| assets | assets | liabilities | Total | |||||||||
| E | E | |||||||||||
| Restricted | fund | 80,936 | 80,936 | |||||||||
| Unrestricted | funds: | |||||||||||
| General | funds | 7,930 | 278,215 | (31,646) | 254,499 | |||||||
| 7,930 | 359,151 | (31,646) | 335,435 | |||||||||
| 17. | Analysis ofchanges | in net debt | ||||||||||
| At | ||||||||||||
| At | 1 Apr 2020 | Cash flows 31 |
Mar 2021 | |||||||||
| E | E | E | ||||||||||
| Cash at bank | and | in | hand | 276,627 | 181,471 | 458,098 |
| Operating | lea | se commit | ments | ||||
|---|---|---|---|---|---|---|---|
| The total | future | minimum | lease payments | under non-cancellable | operating | leases are as | follows: |
| 2021 | 2020 | ||||||
| Not later than | 1 year | 8,437 | 5,260 | ||||
| Later than | 1year and not | later than 5years | 1,272 | 2,544 | |||
| 9,709 | 7,804 |