Registered number 08091241
Charity number 1150441
Refocus Project Limited
## Report and Accounts
31 March 2022
Mattison & Co Accountants 70 High Street Chislehurst Kent BR7 5AQ
**Refocus Project Limited Registered number: 08091241 Directors' Report**
## **Principal activities**
The company's principal activity during the year continued to be behaviour management programmes in schools and delivering alternatives to exclusion projects for those vulnerable to gang culture and crime exploration. To include the mentoring and coaching of young offenders and adults.
Refocus Project is a Private company limited by guarantee without share capital and also has charity status under registration number 1150441
## **Directors**
The following persons served as directors during the year:
- G. Jones
- J. Oliver (resigned 15 October 2022)
- K. Walker (appointed 5 April 2020)
- N. Oti (appointed 17 July 2021)
- B. Rodgers (appointed 15 October 2022)
## **Small company provisions**
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 23 December 2022 and signed on its behalf.
B. Rodgers Director
1
## **Refocus Project Limited Accountants' Report**
## **Refocus Project Limited**
You consider that the company is exempt from an audit for the year ended 31 March 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Mattison & Co Accountants
70 High Street Chislehurst Kent BR7 5AQ
23 December 2022
2
## **Refocus Project Limited Profit and Loss Account for the year ended 31 March 2022**
|**Income**
Administrative expenses
**Surplus**
Interest receivable
**Surplus**|**2022**
**£**
96,938
(94,271)
2,667
3
2,670|**2021**
**£**
176,566
(114,218)
62,348
18
62,366|
|---|---|---|
3
## **Refocus Project Limited Registered number:** 08091241 **Balance Sheet Charity number 1150441**
|**Notes**
**Current assets**
Debtors
3
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
4
**Net current assets**
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|13,629
49,093
62,722
2,314|**2022**
**£**
65,036
65,036
65,036
65,036|**Re-stated**
**2021**
**£**
-
63,710
63,710
(1,344)
62,366
62,366
62,366
62,366|
|---|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
B. Rodgers Director Approved by the board on 23 December 2022
4
## **Refocus Project Limited Statement of Changes in Equity for the year ended 31 March 2022**
|**At 1 April 2020**
Surplus for the year
**At 31 March 2021**
**At 1 April 2021**
Surplus for the year
**At 31 March 2022**|**Profit**
**and loss**
**account**
**£**
-
62,366
62,366
62,366
2,670
65,036|**Total**
**£**
-
62,366
62,366
62,366
2,670
65,036|
|---|---|---|
Refocus Project is a Private company limited by guarantee without share capital and also has charity status under registration number 1150441.
5
**Refocus Project Limited Notes to the Accounts for the year ended 31 March 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Taxation**_
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
## _**Provisions**_
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
|**2**
**Employees**
Average number of persons employed by the company
**3**
**Debtors**|**2022**
**Number**
3
**2022**
**£**|**2021**
**Number**
2|
|---|---|---|
|||**2021**
**£**|
6
## **Refocus Project Limited Notes to the Accounts for the year ended 31 March 2022**
|Other debtors
**4**
**Creditors: amounts falling due within one year**
Trade creditors
Taxation and social security costs
Other creditors|13,629
**2022**
**£**
-
727
(3,041)
(2,314)|-
**2021**
**£**
5,360
-
(4,016)
1,344|
|---|---|---|
## **5 Other information**
Refocus Project Limited is a private company limited by shares and incorporated in England. Its registered office is:
Crowne House Home Gardens Dartford Kent DA1 1DZ
7
## **Refocus Project Limited Detailed profit and loss account for the year ended 31 March 2022**
|**Sales**
Administrative expenses
**Operating profit**
Interest receivable
**Profit before tax**|**2022**
**£**
96,938
(94,271)
2,667
3
2,670|**2021**
**£**
176,566
(114,218)
62,348
18
62,366|
|---|---|---|
8
## **Refocus Project Limited Detailed profit and loss account for the year ended 31 March 2022**
|**Income**
Grants received - Restricted funds
Gifts and donations
Schools and sessionals
Other operating income
**Administrative expenses**
Employee costs:
Salaries and sessional
Wages and salaries
Uniforms and promotional
Volunteer costs
Training and development
Pensions
Travel and subsistence
Entertaining
Premises costs:
Rent
General administrative expenses:
Telephone and internet
Website
Postage, stationery and printing
Subscriptions
Insurance
Equipment expensed
Small general project equipment costs
Events and conferences
Kent Community Foundation
YEF project costs
Kent Sports project costs
Trustee meetings
Sundry expenses
Legal and professional costs:
Accountancy and book-keeping fees
Advertising and PR
Marketing
Consultancy and other professional fees|**2022**
**£**
84,305
10,736
341
1,556
96,938
54,147
19,873
221
-
1,474
127
-
500
76,342
4,160
4,160
-
-
285
535
2,165
-
1,171
459
-
170
-
5
1,766
6,556
4,100
36
421
2,656
7,213
94,271|**2021**
**£**
152,546
20,857
-
3,163
176,566
45,285
-
401
267
4,803
-
250
-
51,006
22,230
22,230
4,680
2,923
171
-
595
2,738
5,987
38
2,119
553
8,115
60
1,116
29,095
-
96
1,441
10,350
11,887
114,218|
|---|---|---|
9
**2022 2021 £ £**
## **Refocus Project Limited Detailed profit and loss account for the year ended 31 March 2022**
10