# 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**
**----- Start of picture text -----**
|||
|---|---|
|Structure, Governance & Management|2|
|Objectives and Activities|3|
|Organisational structure and development (including fundraising)|9|
|Plans for 2021|11|
|Financial Review|11|
|Declaration|12|
**----- End of picture text -----**
## **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**
**----- Start of picture text -----**
|||
|---|---|
|Charity Name:|The Restart Project|
|Charity registration number:|1151286|
|Registered Office and|3Space International House|
|operational address:|6 Canterbury Crescent|
|London SW9 7QD|
**----- End of picture text -----**
## **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 (EX1)
**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.**
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N/a
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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 (EX1)