## ## |Company
Information|| |---|---| |Director's Report|| |Accountant's
Report|| |Income Statement|| |Statement of Financial|Position| |Notes to the Financial|Statements| |Detailed Income Statement|| ## |08236953(England and Wales)| |---| |Jason Stephanides| |Jennifer Kelly| |Laura Mchale| |Terence Kelly| |Unit 1 The Lombard Centre| |Link Road| |Huyton| |Merseryside| |L366AP| |Horridge
and Lever| |142Chorley New Road| |Heaton| |BL14NX| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||2021|2020| |---|---|---|---|---| |||Notes|f|| |Turnover|||148,622|106,721| |Cost ofraw materials|and consumables||(30,956)|(6,709)| |Gross profit|||117,666|100,013| |Selling and distribution|expenses||(1,247)|(8,606)| |Administrative
expenses|||(120,307)|(86,415)| |Operating
loss|||(3,888)|4,991| |Loss on ordinary activities before taxation|||(3,888)|4,991| |Loss forthe year|||(3,888)|4,991| ## ## ## |(1)General Information|(1)General Information|(1)General Information||| |---|---|---|---|---| |The charity is limited by guarantee,
incorporated
in, and consequently
does not have share capital. Each ofthe trustees
to contribute
an amount not exceeding
L'1 towards the assets ofthe charity
in the event ofliquidation.||||is liable| |Chadty registration
number: 1150935||||| |The address of its registered
office is:||||| |Unit 1 The Lombard
Centre||||| |Link Road||||| |Huyton||||| |Merseyside||||| |L366AP||||| |These financial statements
were authorised
for issue by the trustees on 6October 2021.||||| |(2)Statement ofcompliance||||| |The financial statements
have been prepared
in accordance
with Accounting
and Reporting
by Charities:
Recommended
Practice applicable
to charities preparing
their accounts
in accordance
with the Financial|Statement
Reporting|of
Standard||| |applicable
in the UK and Republic of Ireland (FRS102)(effective 1 January 2015)-(Charities SORP (FRS102)),the Financial
Reporting
Standard
applicable
in the UK and Republic ofIreland (FRS102).They also comply with the Companies
Act 2006 and||||| |Charities Act2011.||||| |(3) Significant Accounting
Policies||||| |The principal
accounting
policies applied
in the preparation
ofthese financial statements
are set out below .These policies have||||| |been consistently
applied to all the years presented,
unless otherwise stated.||||| |Basis ofPreparation||||| |Restart Trust meets the definition ofa public benefit entity under FRS 102.Assets and liabilities are initially recognised|||at|| |historical cost or transaction
value unless otherwise
stated
in the relevant accounting
policy notes.||||| |Going concern:||||| |The trustees consider that there are no material
uncertainties
about the charity's
ability to continue as a|going concern||nor any|| |significant areas of uncertainty
that affect the carrying value ofassets held by the charity.||||| |Revenue recognition||||| |All income is recognised once the charity has entitlement
to the income,
it is probable that the income will be received and the||||| |amount ofthe income receivable can be measured
reliably.||||| |Grants are recognised
when the charity has an entitlement
to the funds and any conditions
linked to the|grants have been met.|||| |Where performance
conditions
are attached to the grant and are yet to be met, the income is recognised as a liability and||||| |included
on the balance sheet as deferred income to be released.||||| |Expenditure||||| |Alii expenditure
is recognised once there is a legal or constructive
obligation
to that expenditure,
it is probable settlement||||is| |required
and the amount can be measured
reliably.
All costs are allocated to the applicable
expenditure|heading
that|||| |aggregate
similar costs to that category. Where costs cannot be directly attributed
to particular
headings|they have|been||| |allocated
on a basis consistent
with the use ofresources,
with central staff costs allocated on the basis|oftime spent, and|||| |depreciation
charges allocated on the portion ofthe asset's use. Other support costs are allocated based on the spread||||of| |staff costs.||||| |Charitable
Activities||||| |Charitable
expenditure
comprises those costs incurred
by the charity
in the delivery of its activities and|services for|its||| |beneficiaries
. It includes
both costs that can be allocated
directly to such activities and those costs ofan indirect nature||||| |necessary to support them.||||| |Governance
Costs||||| |These include the costs attributabie
to the charity's compliance
with constitutional
and statutory
requirements,
including||||audit,| |stratogic management
and trustees's
meetings
and reimbursed
expenses.||||| |Qovernment
Qrants||||| |Government
grants are recognised
based on the accrual model and are measured
at the fair value ofthe asset received||||or| |receivable. Grants are classified as relating
either to revenue
or to assets. Grants relating to revenue are recognised||in||| |income over the period
in which the related costs are recognised. Grants relating to assets are recognised
over the||expected||| ## ## ## |||||2021f|2020f| |---|---|---|---|---|---| |Wages and salaries
Social security cost
Pension contributions||||65,063
2,944
619|20,280
3,581
266| |||||68,628|26,136| |(8)Tangible fixed assets|||||| |||Plant and
Machinery|Equipment|Motor
Vehicles|Totals| |||f|f||| |Cost|||||| |As at 01 November 2020||45,819|3,147|8,294|57,260| |As at 31 October 2021||45,819|3,147|8,294|57,260| |Depreciation|||||| |As at 01 November 2020||30,471|629|2,851|33,951| |For the year||3,070||1,361|4,935| |As at 31 October 2021||33,541|1,133|4,212|38,886| |Net book value|||||| |As at 31 October 2021||12,278|2,014|4,082|18,374| |As at 31 October 2020||15,348|2,518|5,443|23,309| |(9)Debtors|||||| |Amounts
falling due|within one year||||| |||||2021f|2020f| |Trade debtors||||23,114|8,293| |||||23,114|| |(10)Cash and cash equivalents|||||| |||||2021|2020| |||||f|f| |Bank balance||||13,095|23,216| |||||13,095|23,216| |(11)Creditors: Amounts
falling due within one year|||||| |||||2021f|2020f| |Trade creditors||||759|1,120| |Other creditors||||3,189|1,360| |Accruals and deferred|income|||2,844|660| |||||6,792|3,140| ## ## ||This section does not form part of|the statutory accounts.|| |---|---|---|---| |||2021|2020| |Turnover|||6| |||146,622|106,721| |Less:Cost ofraw matedals
and consumables|||| |Other Direct Expenditure||30,956|6,709| |Gross Profit||30,956|6,709| |Less: Selling and distribution|expenses|'I37,666|100,013| |Advertising
and Marketing
Motor Vehide Expenses
UK and Overseas Travel Costs
Entertainment||100
600|7,299
253
426| ||||628| |Less: Administrative
expenses||1,247|8,606| |Accountancy,
Bookkeeping
and Auditing Fees
Gleaning
Depreciation
ofEquipment
Depreciation
ofMotor Vehides
Depreciation
ofPlant and Machinery
Employee
Pension
Contributions
Employee Salary Expense
Employers
National
Insurance
Insurance
ITCosts
Legal and Professional
Fees
Rates
Rent
Repairs and Renewals
Subscriptions||4,906
6,396
504
1,361
3,070
619
65,063
2,944
3,014
639
8,598
5,123
12,600
661
121|317
4,717
629
1,614
3,837
266
24,646
3,581
1,034
1,570
1,563
6,354
12,365
22,256| |Telephone
and Internet||766|622| |Training and Development
Bank Fees
HMRC JRSGrant
Light, Power and Heating||3,900|4,660
15
(4,365)
260| |Printing, Postage and Stationery|||207| |Sundry Expenses|||46| |||120,307|86,415| |Operating
loss||(3,888)|4,991| |Loss on ordinary
activities before taxation||(3,888)|4,991| |Net loss for the year after taxation||(3,888)|4,991| |Net loss for the year after dividends||(3,888)|4,991| |Retained
profits brought forward||51,679|46,688| |Retained profits carried forward||47,791|51,679|