2020-12-31-accounts

The Restart Project

TRUSTEES’ ANNUAL REPORT AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Registered Charity Number: 1151286 therestartproject.org

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

CONTENTS

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||| |---|---| |Structure, Governance & Management|2| |Objectives and Activities|3| |Organisational structure and development (including fundraising)|9| |Plans for 2021|11| |Financial Review|11| |Declaration|12|

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Structure, Governance & Management

The Board of Trustees presents its directors’ report and financial statements for the period 1 January 2020 - 31 December 2020.

Reference and Administrative Information

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||| |---|---| |Charity Name:|The Restart Project| |Charity registration number:|1151286| |Registered Office and|3Space International House| |operational address:|6 Canterbury Crescent| |London SW9 7QD|

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Board of Trustees

Mike Tuffrey Karien Bezuidenhout Tim Gonzaga

Gavin Conway James Carrigan Friederike Hanisch Alexandra Deschamps-Sonsino appointed 22nd September 2020 Karl Stefan Hall appointed 22nd September 2020

Governing Document

The organisation is a charitable incorporated organisation (CIO), registered on 18th March 2013.

Recruitment and Induction of Trustees

All members of the Board of Trustees give their time voluntarily and receive no benefits from the charity.

Trustees are selected on the basis of skills and experience in order to provide a sufficient mix amongst trustees as a whole. In 2020, we placed an open advert for new trustees and approached people we know who possess specific skills. New trustees are appointed by the charity’s Board of trustees.

Trustees are encouraged to attend Restart Parties as part of their induction, and are offered opportunities for additional training when appropriate.

Objectives and Activities

Objective

To promote, for the public benefit, the protection and safeguarding of the environment by the promotion of repair and recycling, particularly but not exclusively by promoting and facilitating the repair and reuse of electrical equipment.

Main Activities & Achievements for 2020

Like all organisations, the pandemic had a huge impact on The Restart Project in 2020 and we would like to thank all our volunteers for their fantastic support over the year.

Covid-19 has effectively put a halt to all in-person community activity open to the

public and we have not been able to hold Restart Parties since February. At the same time, the pandemic highlights the importance of repair when we are unable to visit shops to buy new, or to access the services of professional repairers. Since the first lockdown, we’ve offered assistance and support to people who want to try out a repair at home, asking people to tag us on social media and providing advice through our network of volunteer repairers. We have also shared information on how community groups around the world are exploring moving their events online.

Our grant funding from Nesta and the UK’s Department for Digital, Culture, Media and Sport (DCMS) came to an end in 2020 and we finalised the last deliverables on the project. This was a grant to actively promote Restart Parties and spread community repair across England with a particular interest in how repair events help create a special space for sharing of skills, especially of people over 50. This was a successful relationship and Nesta has now joined the European Right to Repair campaign as a member.

We became a partner of “Sharepair”, a new EU-funded project to help build a “digital support infrastructure for citizens in the repair economy”. It runs through 2023. The aim of the initiative is to reduce the amount of waste from electrical and electronic goods. A significant part of the project revolves around the development of digital tools for community repair networks, and Restart plays an important role within the project, with activities and deliverables across all our strategic objectives.

Objective 1 - Inspire a culture change

We want to encourage more people to start thinking about the entire lifecycle of their electrical devices, from resource extraction to disposal and to see this awareness reflected in their behaviour and decision-making.

Media appearance

This year saw Restart deliver some strong media performances including:

• Appearing as a guest on Reasons to be Cheerful podcast hosted by Ed Miliband and Geoff Lloyd in March

• Writing a weekly online column for the Big Issue during the first lockdown on simple repairs with our volunteers generating the content

• Being interviewed on BBC Radio 4’s Today programme and BBC World Service following the release of the Environmental Audit Committee’s report on e-waste in November

• Appearing on BBC World News TV programme in February discussing the increase in e-waste

Podcast

Our podcast continues to attract a high number of listeners who enjoy the variety of topics discussed. In 2020, we continued to expand the range of perspectives on repair covered, including: featuring the work of professional repairers; frontline medical professionals; the need for diversity in tech; the importance of climate education; an exploration of the shoe industry. We have received the following lovely feedback:

• I found this engaging, informative, and it felt right on target and relevant to the current situation.

• Your podcasts are fantastic: so stimulating. Learn something new from every one .

• I admire what you all do and I love restart radio.

The podcast can be heard on our website, Spotify, iTunes or you can listen live on London’s Resonance FM. It is now possible to search our entire catalogue of past episodes, over 190 in total.

Education

As part of our work on the REFER project (Raw Engagement for Electronics Repair), funded by KIC Raw Materials, we delivered an online event for Earth Day disassembling a smartphone combined with animated graphics looking at the raw materials needed to build the phone.

We worked with a group of science museums across

Europe on a project called Re-Play, also funded by EIT Raw Materials. The project aims to incorporate repair and reuse into the museums’ programme of activities. In light of Covid, we created an interactive online activity aimed primarily at 8-12yrs, for use in science museums and at community repair events.

Objective 2 - People can access stronger local repair networks

The Restart Project is working towards growing repair networks in the UK and internationally, including community repair groups, repair SMEs and companies, to promote repair best practice and to forge links between them.

Community Repair

Sadly we could not run our regular Restart Parties for much of the year, community events where participants bring along their broken electrical items and repair them collaboratively with our teams of volunteers known as ‘Restarters’.

At the start of the year, we ran in-person events for our London community including skillshares, first aid training and volunteer welcome sessions. Since Covid struck, we have put on several online social events and skillshare sessions, and have been sharing information on how community groups around the world are exploring moving their events online.

As part of our efforts in this pandemic, we have been promoting computer reuse projects across the UK that accept individual donations for reuse in the local community. We have also worked with some of these projects based in London to run fixing events with our volunteers working on repairing some of the devices donated. These were not open to the public, but allowed our volunteers to get fixing again.

We hosted the second edition of Fixfest UK as a series of 11 online events. Fixfest UK is a gathering of repairers, activists, policy-makers and thinkers, and session topics included a demonstration of a component tester, how repair data is useful and adult learning. There was strong engagement with 300+ people attending. Participants showed a keen interest to follow up and continue sharing best practice and advice &

support.

Restarters.net is our international platform for repair volunteers and activists. We improved its design and have continued to develop features including recording data about non-electrical items brought to community repair events.

Repair Businesses

We are continuing to build and strengthen our relationships with businesses in London, as they are an integral part of our community and a vital part of our vision for a future in which repair is thriving.

We have continued to work on our Repair Directory, a web-based app allowing members of the public to look up details of reliable repair businesses in their local area in London. We have developed an online form to allow people to submit a repair business in their local area. To further expand the coverage across London, we are developing partnerships with local authorities. At the end of 2020 over 150 repair businesses were

listed in the Directory.

Objective 3 - Sustainable devices and effective regulation

Restart’s work on influencing policy-makers at UK and EU level aims to raise the profile of issues around product lifetime and repairability. We use our work on repair data to provide evidence in support of our campaigning work.

UK Campaigning

Restart was asked to appear and give evidence as part of the UK Parliament’s Environmental Audit Committee’s inquiry on Electronic Waste and the Circular Economy. The resulting report was released in November and is strongly in favour of longer lasting products, asking the government to take urgent action. The EAC took many of our recommendations to implement legislation bringing the Right to repair to the UK, giving additional visibility to our positions.

In 2018, we co-drafted the Manchester Declaration calling on policymakers, product designers and manufacturers to make repair more accessible and affordable. This has gained traction and has now been endorsed by over 60 community repair groups and 20 ally groups. The network has also secured endorsement from nearly 20 political figures from all the main English political parties.

International Repair Day was on 17th October. This year, the theme was Repair is Essential and we produced a video talking to repairers, hosts and businesses on why repair is essential to

them. We also coordinated the production of resources in 9 languages that were used by groups on social media around the world

EU Campaign

The Restart Project sits on the steering committee of this campaign whose goals are:

i) products that are designed to be repairable,

ii) everyone has access to spare parts and repair manuals, and

iii) consumers are informed about product repairability.

Membership to the campaign is growing steadily, with 40 member organisations across 15 countries. Membership is open to groups and organisations across Europe and includes non-profit organisations, networks of community repairers, professional repairers and public institutions.

As part of the #LongLiveMyPhone campaign in February, we helped coordinate groups in Germany, Belgium and the UK with organised protests, creating a crime scene with a mobile phone as the victim to raise awareness of the fate of many smartphones in Europe that last on average 3 years. At the same time, the campaign launched its petition asking the European Union to give people the Right to Repair their smartphones by requiring manufacturers to design repairable devices and provide spare parts and repair information to all repairers and consumers. This has reached over 25,000 signatures. Alongside the petition to engage the public, the campaign also wrote a letter to the European Commission which was also signed by other organisations. The campaign contributed to the EU’s decision to prioritise working on smartphones regulation as a pillar of its Circular Economy Action Plan

To coincide with International Repair Day in October, the campaign released a video entitled Repair Heroes which featured individuals, organisations, businesses nominated by members for their achievements in the repair sector, and the inspiration to provide to others.

In November, Right to Repair Europe successfully campaigned for the European Parliament to vote in favour of ambitious measures on mandatory reparability labelling and future legislation to prevent premature obsolescence of products. This means the European Commission has the support of the Parliament to move forward with laws to extend the lifetime of products and improve consumers’ information on repairability when making a purchase.

Data

We continue to collect data on barriers to repair with repair activists from around the world. We use this evidence to push for longer-lasting products and our Right to Repair in future policy. While Restart Parties came to a halt in 2020, we focused on collecting data from past events and analysing data already collected.

We have designed and hosted a number of online microvolunteering tasks over 2020. The idea of these tasks is to engage our volunteer community to help ensure the accuracy of the collected data, and to analyse it to provide insights we can then feed into policy discussions.

We have continued to work with members of the Open Repair Alliance who have shared their data on items repaired. The aggregated dataset of electrical and electronic repairs at community events is now around 42,000 items. In December we led on releasing an updated version of the Open Repair Data Standard, aimed at increasing the quality of the data collected by community repair initiatives.

Organisational structure and development (including fundraising)

Organisational Structure

Day to day management of the charity was overseen by the two co-founders, working full-time and leading a core staff team: Tech & Data lead, Online Community lead, Operations lead, London Network lead, Campaigner and Communications assistant. We also worked with a growing network of freelance consultants to deliver projects.

The Restart Project continued to be a member of the Small Charities Coalition, Good Electronics and European Environmental Bureau.

Risk Management

The Trustees considered the major risks to the organisation in regular board meetings, in light of updates from the core staff team. The full risk register is considered every six months at trustee meetings to re-evaluate if the risks have increased or decreased. These included governance risks, financial risks, staffing risks, organisational risks and external risks.

All activities run by the Restart Project were covered by its public liability insurance. Staff team and experienced volunteers regularly reviewed and improved the safety guidelines and the model risk assessment for running events.

Funding

We received the final installment of our grant from Nesta / DCMS towards our community development work. We received the next installment of our grant from KIC Raw Materials towards our educational work on critical raw materials and payment of the grant for our work with science museums across Europe on incorporating materials on the importance of repair into their programme of activities. At the end of the year we received the first payment of the Sharepair EU Interreg funding, for work carried out in the first half of 2020.

Unrestricted funds came from Esmee Fairbairn Foundation, including a Covid fast response grant, which significantly helped reduce financial uncertainty caused by the reduction in sponsorship and income from paid events, as well as the changing fundraising landscape due to the pandemic.

An additional source of unrestricted resources was the Shuttleworth Foundation, due to their last donation made in 2019, for use in 2020 and beyond.

Due to our involvement with a range of European-funded projects, we currently receive funding for these initiatives with a significant delay - in some cases, up to 9

months after spending. This was not a problem in 2020, thanks to our reserves, but will require careful management in the future

Plans for 2021

We expect a busy 2021. While in-person community repair events are unlikely to resume at least until the summer, we will continue to support our community and move forward with other parts of our work. Among the projects we are working on are:

• In light of the new lockdown, promote all community reuse initiatives around the UK addressing digital exclusion for students and people in need.

• Launch a London-focused campaign promoting donations of underutilised computers and supporting with our network of volunteers local initiatives in need of help with repairs of donated equipment

• Expand our Repair Directory, signposting users to reliable repair businesses in more areas of London, and work with Welsh partners on building a local version of the Directory.

• Help facilitate the creation of a decentralised network of electrical repair groups in the UK, bringing together organisations and regional networks to expand our collective effectiveness and impact.

• Increase our focus on data analysis, working with existing volunteers and citizen scientists to create ongoing engagement exploring repair data to gain insights on barriers to repair to be used to shape future policies at UK and European level

• Work with volunteers on updating our reference data, based on product Life Cycle Assessment (LCA) data. This is the data we use to calculate the environmental impact of repairs at community repair events.

• Continue to campaign on Right to repair in the UK and to help steer the development of the European Right to repair campaign

Financial Review

Reserves

The intention of the reserve policy is to provide contingency for the following two “worst case scenarios” (which are not major concerns in the current circumstances):

• a) For whatever reason the organisation needs to wind up and we need to have enough unrestricted cash in order to honour commitments, particularly to staff and to other partners; and

• b) The organisation is continuing to function effectively and has a positive future but has to overcome a temporary gap in funding or deal with an unexpected major cost in order to safeguard its future.

In relation to cash flow we therefore need to keep sufficient cash available to pay bills and salaries in the event of late or non-payment of invoices.

Further financial review details

In 2020, The Restart Project’s income decreased slightly with a gross income of £488,752 (2019: £501,046).

The majority of this income came from Restricted Grants totalling £203,205 (2019: £359,125) including Nesta / DCMS towards community development, KIC Raw Materials towards educational work and Sharepair EU Interreg, and Unrestricted Grants of £247,161 (2019: £83,831) which included the remaining funds from Shuttleworth Foundation and grants from Esmee Fairbairn.

We also received contributions towards the EU Right to Repair campaign.

Our total expenditure was £389,767 (2019: £405,089) with salaries and staff costs the largest outgoing.

We ended 2020 with £212,416 cash reserves which are held in our savings account and our current bank account.

Declaration

The Trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature	______	________
Name	______ Michael Tuffrey	________ Timothy Gonzaga
Position	______ Trustee	________ Trustee
Date	______ 28.09.21	________ 28.09.21

Independent Examinerfs report to the Trustees on the unaudited financlal statements of The Reslarl Projecl. I report to the trustees on my examination of the financial statements of The Restart Project (the Trust) for the year ended 31 December 2020. Responsibilities and basis of report As the charity trustees of the Trust you are responsibLe for the preparation of the financial statements in accordance with the reouirements of the Charities Act 2011 {'the Act,). I report In respect of my examination of the Trust's financial statements carrled out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examlnation. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l) accounting records were not kept in respect of the Trust a5 req uired by section 130 of the Act., or 2) the financial statements do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the fi'nancial statements to be reached. signed.. Charles Tait {ACA) Charles Tait Accounting Limited

	The Restart Project			Charity No	1151286
I	Annual accounts for the			period
	Period start date	1/1/2020	To	Period end	12/31/2020

I	The Restart Project	The Restart Project	The Restart Project	Charity No	1151286
	Annual accounts for the period
	Period start date	1/1/2020	To	Period end	12/31/2020
Section A	Statement of financial activities
Recommended categories by Incoming resources (Note 3) Income and endowments from:	tes	Unrestricte Restricted Endowmen Total Prior year £ £ £ £ £ F01 F02 F03 F04 F05
Donations and legacies Charitable activities Other trading activities Investments Separate material item of income Other	S01 S02 S03 S04 S05 S06	24,463	1,332	-	25,795	21,769
		247,161	213,397	-	460,558	447,900
		1,452	-	-	1,452	31,377
		947	-		947	-
		-	-	-	-	-
		-	-	-	-	-
Total Resources expended Expenditure on: Raising funds Charitable activities Separate material item of expense Other Total Net income/(expenditure) bef gains/(losses) Net gains/(losses) on investments Net income/(expenditure) Extraordinary items Transfers between funds Other recognised gains/(loss Gains and losses on revaluation of fixed as own use Other gains/(losses) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	S07 S08 S09 S10 S11 S12 ore investment S13 S14 S15 S16 S17 es): sets for the charity’s S18 S19 S20 S21 S22	274,023	214,729	-	488,752	501,046
		-	-	-	-	-
		120,433	269,334	-	389,767	405,089
		-	-	-	-	-
		-	-	-	-	-
		120,433	269,334	-	389,767	405,089
		153,590	( 54,605)	-	98,985	95,957
		-	-	-	-	-
		153,590	( 54,605)	-	98,985	95,957
		-	-	-	-	-
		( 788)	788	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		152,802	( 53,817)	-	98,985	95,957
		127,188	123,152	-	250,340	154,383
		279,990	69,335	-	349,325	250,340

Section B Balance sheet

Guidance Notes Fixed assets	Guidance Notes Fixed assets	Unrestricte d funds £ F01	Restricted income funds £ F02	Endowmen t funds Total this year £ £ F03 F04	Endowmen t funds Total this year £ £ F03 F04	Total last year £ F05
Intangible assets (Note 15) Tangible assets (Note 14) Heritage assets (Note 16) Investments (Note 17)	B01 B02 B03 B04	60,249	-	-	60,249	43,055
		3,044	-	-	3,044	2,400
		-	-	-	-	-
		-	-	-	-	-
Total fixed assets Current assets Stocks (Note 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Total current assets Creditors: amounts falling due withi Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after Provisions for liabilities Total net assets or liabilities Funds of the Charity Endowment funds (Note 27) Restricted income funds (Note 27) Unrestricted funds Revaluation reserve Total funds Signed by one or two trustees on behalf of all the trustees	B05 B06 B07 B08 B09 B10 n B11 B12 B13 o B14 B15 B16 B17 B18 B19 B20 B21	63,293	-	-	63,293	45,455
		-	-	-	-	-
		14,339	71,395	-	85,734	27,095
		-	-	-	-	-
		212,416	-	-	212,416	379,017
		226,755	71,395	-	298,150	406,112
		12,194		-	12,194	201,227
		214,561	71,395	-	285,956	204,885
		277,854	71,395	-	349,249	250,340
		-	-	-	-	-
		-	-	-	-	-
		277,854	71,395	-	349,249	250,340
		-			- 69,335 279,990 -	-
			69,335	-		123,152
		279,990				127,188
		279,990	69,335	-	349,325	250,340
		Signature		Print Name		Date of approval dd/mm/yyyy
				Michael Tuffrey		28/09/21
				Timothy Gonzaga		28/09/21

CC17a (Excel)

CC17a (EX￿1)

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting • and with X Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with X the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

• and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

X

• -Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

Not applicable Not applicable Not applicable

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { } Yes*

• -Tick as appropriate No* X

Please disclose:

CC17a (Excel)

(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

1.4 Changes to accounting estimates

1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes -Tick as appropriate No* X

Please disclose:

(i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes * -Tick as appropriate No X Please disclose: (i) the nature of the prior period error;

CC17a (Excel)

(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

Note 2 Accounting policies 2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when: ·the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and ·the monetary value can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and performance related grants This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
		X
	Yes No N/a
		X
	Yes No N/a
		X
	Yes No N/a
		X
	Yes No N/a
				X
	Yes No N/a
		X
	Yes No N/a
		X
	Yes No N/a
		X
	Yes No N/a
				X
	Yes No N/a
				X
	Yes No N/a
				X
	Yes No N/a
				X
	Yes No N/a
				X

Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Support costs The charity has incurred expenditure on support costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts		Yes No N/a	Yes No N/a	Yes No N/a
		X
		Yes No N/a
		X
		Yes No N/a
		X
		Yes No N/a
		X
		Yes No N/a
		X
		Yes No N/a
				X
		Yes No N/a
				X
		Yes No N/a
				X
		Yes No N/a
				X
		Yes No N/a
		X
		Yes No N/a
		X
		Yes No N/a
		X
		Yes No N/a
				X
		Yes No N/a
				X
		Yes No N/a
				X
		Yes No N/a
		X
		Yes No N/a
		X

Provisions for liabilities Basic financial instruments 2.4 ASSETS Tangible fixed assets for use by charity Intangible fixed assets Heritage assets Investments Stocks and work in progress Debtors Current asset investments	A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Yes No N/a X The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yes No N/a X These are capitalised if they can be used for more than one year, and cost at least Yes No N/a X They are valued at cost. Yes No N/a X The depreciation rates and methods used are disclosed in note 9.2. The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 Yes No N/a X They are valued at cost. Yes No N/a X The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. Yes No N/a X Yes No N/a They are valued at cost. X Fixed asset investments in quoted shares, traded bonds and similar investments a Yes No N/a X Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Yes No N/a X Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Yes No N/a X Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Yes No N/a X Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Yes No N/a X Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Yes No N/a X The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. Yes No N/a X Yes No N/a They are valued at fair value except where they qualify as basic financial instruments. X	Yes No N/a	Yes No N/a	Yes No N/a	Yes No N/a
					X
		Yes No N/a
			X
		Yes No N/a
			X
		Yes No N/a
			X
		Yes No N/a
			X
		Yes No N/a
			X
		Yes No N/a
					X
		Yes No N/a
					X
		Yes No N/a
					X
		Yes No N/a
					X
		Yes No N/a
					X
		Yes No N/a
					X
		Yes No N/a
					X
		Yes No N/a
			X
		Yes No N/a
					X
		Yes No N/a
					X

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Note 3	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income
Donations and legacies:	Analysis Unrestricte d funds Restricted income funds Endowme nt funds Total funds Prior year £ £ Donations and gifts 2,492 1,332 - 3,824 1,454 Gift Aid 31 - - 31 - Legacies - - - - - General grants provided by government/other charities 2,500 - 2,500 - Membership subscriptions and - - - - - Donated goods, facilities and services 19,440 - - 19,440 14,400 Other - - - -
	Donations and gifts	2,492	1,332	-	3,824	1,454
	Gift Aid	31	-	-	31	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	2,500		-	2,500	-
	Membership subscriptions and	-	-	-	-	-
	Donated goods, facilities and services	19,440	-	-	19,440	14,400
	Other	-	-	-	-
	Total	24,463	1,332	-	25,795	15,854
Charitable activities: Other trading activities: Income from investments: TOTAL INCOM	Grant income	247,161	203,205	-	450,366	355,027
	Sponsorship	-	10,192	-	10,192	5,000
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	247,161	213,397	-	460,558	360,027
	Pop-up Events	250		-	250	7,038
	Consultancy	269	-	-	269	-
	Other	533	-	-	533	920
	Total	1,052	-	-	1,052	7,958
	Interest income	947	-	-	947	-
	Dividend income	-	-	-	-	-
	Rental and leasing income	-	-	-	-	-
	Other	-	-	-	-	-
	Total E	947	-	-	947	-
		273,623	214,729	-	488,352	383,839
All income in th	e prior year was unrestricted except for:	£359,125 of restricted grant income.

CC17a (Excel)

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 4 Analysis of receipts of government grants Description This year £ CJRS Grant proivided through the Coronavirus Job Retention Scheme - 2,500-
	Grant proivided through the Coronavirus Job Retention Scheme	- 2,500-
	Total	- 2,500-

CC17a (Excel)

9/17/2021

1

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Seconded staff Use of property Other		This year Last year £ £ - - 19,440 19,440 - -	This year Last year £ £ - - 19,440 19,440 - -	This year Last year £ £ - - 19,440 19,440 - -
		-	-
		19,440	19,440
		-	-
		19,440	19,440
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.	The charity uses an office space that is provided free of charge. It is estimated that a market rent for the same space would be £225 + VAT for each desk per month (£19,440 per annum)
Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.
	N/a

Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.

Volunteers are vital to the Restart Project. Restart Parties would not be possible without volunteers who act as hosts and fixers, passing on their skills and knowledge to participants. Volunteers also coordinate skillshares, events to enable restarters to develop their skills. Restart Project volunteers also run Rosie the Restarter events aimed at encouraging women and non-binary people to increase their skills and confidence and address the gender imbalance in repair. Volunteers also work on microtasks looking at the data Restart has collected from community repair events.

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Expenditure on charitable activities	Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ £ £	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ £ £	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ £ £	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ £ £	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ £ £
	Educational projects	8,553	48,405	-	56,958	96,652
	Software development	0	87,639	-	87,639	45,617
	Community Development and Events	8,801	95,666	-	104,467	154,787
	Campaigning	18,013	25,707	-	43,719	0
	Fixfest					11,653
	Other expenditure	85,067	11,917	-	96,984	96,380
TOTAL EXPENDITURE Note - the analysis in the	Total expenditure on charitable activities	120,433	269,334	-	389,767	405,089
	current year has split out campaigning costs from
		120,433	269,334	-	389,767	405,089
		other costs.

CC17a (Excel)

Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner	This year £	Last year £
	440	420
	0	0
	0	0
	0	0

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 11 Paid employees

Please complete this note if the charity has any employees.

11.1 Staff Costs

11.1 Staff Costs
	This year	Last year
	£	£
Salaries and wages	227,517	182,112
Social security costs	16,341	10,659
Pension costs (defined contribution scheme)	10,662	6,847
Other employee benefits	-	-
Total staff costs	254,520	199,618
Please provide details of expenditure on staff working for
the charity whose contracts are with and are paid by a
related party	N/A

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding	No employees received employee benefits (excluding	TRUE
employer pension costs) for the reporting period of more
than £60,000
Band	Number of employees
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount		£87,806
paid to key management personnel
(includes trustees and senior
management) for their services to
the charity

Please provide the total amount		£87,806
paid to key management personnel
(includes trustees and senior
management) for their services to
the charity
11.2 Average head count in the year		This year Number		Last year Number
The parts of the charity in which the	Fundraising				-
employees work	Charitable Activities		6.0		6.0
	Governance		1.0		1.0
	Other				-
	Total		7.0		7.0

CC17a (Excel)

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

Please state the legal authority or reason for making the payment

Please state the amount of the payment (or value of any waiver of a right to an asset)

11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Total amount of payment £0 The nature of the payment (cash, asset etc.)

The extent of redundancy funding at the balance sheet date

Please state the accounting policy for any redundancy or termination payments

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Amount of contributions recognised £10,662 in the SOFA as an expense Please explain the basis for The National Employment Savings Trust (NEST) is a defined allocating the liability and expense contribution workplace pension scheme. The Restart Project of defined contribution pension started paying into it in November 2017 as their employer scheme between activities and responsibility for automatic enrolment as part of the government's workplace pension reforms under the Pensions Act 2008. between restricted and unrestricted funds. The funds paying the pension scheme contributions come from both Restricted and Unrestricted Funds depending on which staff member the contributions are for. Some staff member salaries, NIC and pension contributions come from specific restricted grants, all others come from unrestricted funds.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multiemployer plan

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

	Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
At the beginning of the year Additions Revaluations Disposals Transfers *	- --	- --	- --	- 2,400-	- 2,400-
	- --	- --	- --	- 1,200-	- 1,200-
	- --	- --	- --	- --	- --
	- --	- --	- --	- --	- --
	- --	- --	- --	- --	- --
At end of the year 14.2 Depreciation an *Basis* Rate At beginning of the year Disposals Depreciation Impairment Transfers At end of the year 14.3 Net book value* Net book value at the beginning of the year Net book value at the end of the year	- --	- --	- --	- 3,600-	- 3,600-
	d impairments
	SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL	SL
				5 years
	- --	- --	- --	- --	- --
	- --	- --	- --	- --	- --
	- --	- --	- --	- 556-	- 556-
	- --	- --	- --	- --	- --
	- --	- --	- --	- --	- --
	- --	- --	- --	- 556-	- 556-
	- --	- --	- --	- 2,400-	- 2,400-
	- --	- --	- --	- 3,044-	- 3,044-

CC17a (Excel)

9/17/2021

1

Section C Notes to the accounts

Note 15 Intangible assets

Please complete this note if the charity has any intangible assets

15.1 Cost or valuation

At beginning of the year Additions Disposals Revaluations Transfers *	Research & development £	Patents and trademarks £	Other £	Total £
	-	-	83,795	83,795
	-	-	48,815	48,815
	-	-	-	-
	-	-	-	-
	-	-	-	-
At end of the year 15.2 Amortisation a *Basis* Rate At beginning of the year Disposals Amortisation Impairment Transfers At end of year 15.3 Net book valu* Net book value at the beginning of the year Net book value at the end of the year	-	-	132,610	132,610
	nd impairments
	SL or RB	SL or RB	SL	SL	Straight Line ("SL") or Reducing Balance ("RB")
			3 years	3 years
	-	-	40,740	40,740
	-	-	-	-
	-	-	31,621	31,621
	-	-	-	-
	-	-	-	-
	-	-	72,361	72,361
	e
	-	-	43,055	43,055
	-	-	60,249	60,249
	licy accounting policy for intangible fixed assets including:

15.4 Accounting policy

Please disclose the accounting policy for intangible fixed assets including:

CC17a (Excel)

Reasons for choosing Website costs are amortised over three years as it amortisation rates is expected that the website will continue to be developed over the period. Educational resources are amortised over three years as they will continue to be used and developed over this period.

Policies for the recognition of any capital development

15.5 Impairment

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

15.6 Revaluation

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation the name of independent valuer, if applicable the methods applied the carrying amount that would have been recognised had the assets been carried under the cost model. 15.7 Other disclosures (i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset. (ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities. (iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included.

CC17a (Excel)

(vii) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.

• The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors Trade debtors Prepayments and accrued income	This year £	Last year £
	-	-
	2,135	2,496
	83,599	24,529
Other debtors Total	85,734	27,025

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

20.1 Analysis of creditors
	Amounts falling due	Amounts falling due
	within one year	after more than one
	This year Last year	year This year Last year
	£ £	£	£
Accruals for grants payable	- -	-	-
Bank loans and overdrafts	- -	-	-
Trade creditors	1,871 5,646	-	-
Payments received on account for contracts or
performance-related grants	-	-	-
Accruals and deferred income	998 188,662	-	-
Taxation and social security	8,332 6,002	-	-
Other creditors	993 916	-	-
Total	12,194 201,226	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is

Grant income that related to future periods have been deferred as the grant was intended to be used over a period of time in accordance with paragraph 5.22 of the SORP.

Movement in deferred income account		This year		Last year
		£		£
Balance at the start of the reporting period		178,489		22,603
Amounts added in current period		-		178,489
Amounts released to income from previous periods	-	178,489	-	22,603
Balance at the end of the reporting period		-		178,489

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.

N/a

22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.

----- Start of picture text -----
N/a
----- End of picture text -----

CC17a (Excel)

9/17/2021

1

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in

Note 24 Cash at bank and in
Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other	This year £	Last year £
	-	-
	-	-
	297,710	379,017
	-	-
Total	297,710	379,017

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds	27.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet. * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
Fund names	Type PE, EE **R or UR ***	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
Shuttleworth Foundation	R		62,370		( 50,977)	-	-	11,393
REFER	R		17,311	8,877	( 10,644)	-	-	15,544
NESTA	R		43,471	47,600	( 72,071)		-	19,000
RePlay	R			30,733	( 30,123)	-	-	610
ShaRepair	R			115,995	( 91,147)	-	-	24,848
EU Campaign	R		-	11,524	( 12,312)	788	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
Other funds	N/a	N/a	-	-	-	-	-	-
Total Funds			123,152	214,729	- 267,274	788	-	71,395

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False) 28.2 Trustees' expenses If the charity has paid trustees expenses for fulfilling their duties, details of such transaction in this note. If there are no transactions to report, please enter “True” in the box below. If ther report, please enter "False". No trustee expenses have been incurred (True or False) 28.3 Transaction(s) with related parties Please give details of any transaction undertaken by (or on behalf of) the charity in which a re material interest, including where funds have been held as agent for related parties. If there a transactions, please enter 'true' in the box provided. There have been no related party transactions in the reporting period (True or False)	TRUE
	s should be provided e are transactions to
	TRUE
	lated party has a re no such
	TRUE

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 29 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

CC17a (EX￿1)