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2022-12-31-accounts

The Restart Project

TRUSTEES’ ANNUAL REPORT AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Registered Charity Number: 1151286 therestartproject.org

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TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

CONTENTS

Structure, Governance & Management 2
Objectives and Activities 3
Plans for 2023 10
Organisational structure and development (including fundraising) 10
Financial Review 11
Declaration 13

Structure, Governance & Management

The Board of Trustees presents its directors’ report and financial statements for the period 1 January 2022 - 31 December 2022.

Reference and Administrative Information

Charity Name:

The Restart Project

Charity registration number: 1151286

Registered Office and 3Space International House operational address: 6 Canterbury Crescent London SW9 7QD

Board of Trustees

Mike Tuffrey Karien Bezuidenhout Tim Gonzaga Gavin Conway [resigned on 31.12.22]

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James Carrigan Friederike Hanisch Alexandra Deschamps-Sonsino Karl Stefan Hall

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.

Gavin Conway resigned as a trustee at the end of 2022 and we carried out a recruitment process in Q4. We shared the opportunity with our networks and beyond, including on the platforms LinkedIn and Reach Volunteering. We successfully recruited four new trustees who will start 01.01.2023.

Trustees are selected on the basis of skills and experience in order to provide a sufficient mix amongst trustees as a whole.

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 2022

We had a busy year in 2022, including the 10 year anniversary of our very first Restart Party. We celebrated our achievements with our friends and colleagues, old and new, and looked forward to Restart’s next steps.

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Objective 1 - Inspire a culture change so people use stuff longer and appreciate it more

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.

Speaking appearances

We were pleased to be asked to share our work and spread the message of Right to Repair at so many conferences this year including:

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Podcast

Our podcast continues to perform strongly. We interviewed a range of guests on a wide variety of topics relating to repair which helped us continue to engage our current audience and reach a new audience. Our most listened to podcast episodes in 2022, were:

The podcast can be heard on our website, Spotify, iTunes or on London’s Resonance FM.

Education

As part of the launch of the Fixing Factory project, we went into a high school in Brent to deliver a workshop on “What’s inside your mobile phone?”. Groups of students had the opportunity to take apart a mobile and learn about the critical raw materials used to manufacture it. We have since developed this workshop and delivered it to other audiences.

Impact: We continue to be a leading voice in support of repair. By telling our story about the grassroots initiatives we run and support, we are highlighting the repair options that the public wants but doesn’t know about. And through these stories we’re showing politicians and companies that there is public demand for repair and reuse.

Objective 2 - Everyone can participate in a local repair network that extends the lifetimes of products

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

Community Repair

In London we saw increased interest in community repair, with 12 new groups starting up, with and without our direct support. We restarted holding skillshares and Rosie events (skillshares exclusively for those identifying as women and non-binary people), some in-person and others online.

We have continued to support and develop Restarters.net, our platform to connect community repairers, capture repair data and demonstrate the impact of local events. We have begun working on a consultancy basis with three networks to use Restarters.net to support their groups. 7764 event attendees were registered on the platform this year: over 30,000 hours of volunteering to repair 8,400 items, avoiding 23 tonnes of waste and 246 tonnes of CO2 equivalent emissions.

We upgraded our laptop donation directory, which identifies local reuse projects that refurbish, and reallocate donated laptops. This involved creating a searchable map, the work was paid for by Nominet.

We organised Fixfest International 2022 where members of the repair community from all over the world gathered together to share their ideas and passion. Sessions in Brussels included a keynote from Mathew Lubari from CC4D on repair in a refugee camp (Uganda), sessions on microsoldering, Right to Repair policy from across Europe, community repair around the world, a ‘lonely parts club’, repair and cybersecurity, and a Repair Café on Sunday.

We continued to work with the Community Repair Network (CRN) to strengthen and support grassroots repair in the UK.

Fixing Factory

We launched two Fixing Factories which will reduce waste and help people to truly value their stuff.

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The Brent site at Abbey Road household reuse and recycling centre, and run with support from West London Waste Authority, fixes laptops which would otherwise end up as electronic waste. Laptops are donated at the site and in drop boxes around West London, and volunteers repair them to give them back to people in the community who need them. There are a number of events called Dr Laptop, for people to receive a diagnostics check and repair advice on their laptops.

The second Fixing Factory is in Queen’s Crescent in Camden, run by partner organisation Possible with input from Restart. This acts as a community repair hub, allowing local residents to get appliances fixed, learn valuable repair skills from our volunteer fixers, and take part in weekly repair workshops.

As part of the Fixing Factory project, 11 young people were trained by Mer-IT on how to build, repair, and upgrade a PC. We’ve also provided volunteer opportunities to young people as well as to corporate volunteers, while skilling them on laptop refurbishment.

Repair Businesses

We continued 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 launched a microsite, LondonRepairs.org, which allows members of the public to look up details of reliable repair businesses in London. The businesses in the directory must be reliable and we have a set of criteria: have positive online reviews; provide a physical address; and give a warranty on their repairs.

We mapped eight new boroughs in West London, funded by West London Waste Authority (WLWA). This work added 147 businesses, bringing our total to 317.

Impact: Interest in the Fixing Factories has been staggering. Individuals, community groups and local authorities have approached us with interest in expanding the concept. Media coverage has been extensive, with national broadcast and print coverage, as well as local and specialist media stories. The growth in community

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repair groups in London has demonstrated the strength of our work in supporting emerging groups. And the development of the Community Repair Network, with a boost from Fixfest has shown the need for the movement supporting infrastructure that we offer.

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

We started work to develop a UK-focused campaign to extend the lifetime of electronics. Because of the lack of existing policy opportunities and momentum at UK government level, an overarching campaign with an ambitious ask is needed. This campaign, developed by members of the Community Repair Network, will be launched in 2023 and is focused on keeping tech in use for longer, starting within universities.

International Repair Day was on 15th October with the theme Repair is Everywhere. We asked our network from around the world to submit short video clips of themselves carrying out repairs in unusual places and created a video highlighting that repair really is everywhere. We suggested simple repairs people could try, and created a global map showing repair activities on and around 15th October.

European Right to Repair 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 of the campaign is growing steadily. The network is made of more than 100 organisations based in over 20 European countries and representing environmental NGOs and repair actors such as community repair groups, social economy actors, spare parts distributors, self-repairers, repair and refurbishing businesses, and any citizen who would like to advocate for their right to repair.

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Focuses of the campaign in 2022 included submissions to EU Commission consultations, particularly on upcoming smartphone regulations, analysing the French repair index, reporting the launch of the repair bonus scheme in Austria and producing a report on tough regulations on batteries.

At Fixfest, the campaign organised a day of talks from professional and community repairers, innovative tech start-ups and environmental NGOs about how EU policies can be instrumental in overcoming remaining barriers to repair. The campaign also arranged a protest on a busy shopping high street to raise the profile of the right to repair movement.

Data and Research

We continue to collect data on barriers to repair with repair activists from around the world. We use this evidence to campaign for longer-lasting products and our Right to Repair in future policy.

We have continued to work with members of the Open Repair Alliance who have shared their data on items repaired, and we focused on increasing the quality of the data collected by community repair initiatives.

We have released our latest aggregate dataset which now contains over 62,000 repair attempts logged at community repair events around the world. This is based on the Open Repair Data Standard which we developed with partners and lead on maintaining. We have repairs logged by 433 groups around the world in 23 countries on 6 continents. This data helps us research trends and patterns in our repair activity, which can help us make the case for a universal right to repair.

For example, in 2022 we ran ‘DustUp’, a people-powered investigation into why vacuum cleaners break. We looked at over 3000 records of repair attempts to learn more about the common reasons vacuums break down. This work fed into a European Commission consultation on repairability of vacuum cleaners, showing evidence of the need for extensive access to spare parts for vacuum cleaners.

Impact: Securing effective regulation to support repair and reuse remains a challenge. We have shaped important and world leading EU policies to support repair, and shared important learnings from the EU and other countries with our networks. By the end of 2022, as part of our work steering the European Right to

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Repair Campaign, we contributed to achieving new legislation on the repairability of smartphones and tablets, as well as user-replaceability of batteries in future models of consumer electronics. In both cases, data from community repair initiatives as analysed by Restart was used to make the case for more repairable, long-lasting products. In the UK we are working with national partners and the Community Repair Network to call for more government action on reuse and repair, and explore opportunities to build an impactful campaign.

Plans for 2023

We have exciting plans for 2023. Among the projects we are working on are:

Organisational structure and development (including fundraising)

Organisational Structure

Day to day management of the charity was overseen by two co-directors, one focused on UK Strategy & Operations and one focused on International Strategy. They led a core staff team of Tech lead, Online Community lead, Operations lead, London Network Coordinator, Campaigner, Communications producer and Fixing Factory Project Coordinator. We also worked with freelance consultants to deliver

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projects.

The Restart Project continued to be a member of Good Electronics and the 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. The staff team and experienced volunteers regularly review and improve the safety guidelines and the model risk assessment for running events.

Funding

We received funding from Interreg North West Europe for the Sharepair project. This is a project to help build a “digital support infrastructure for citizens in the repair economy”. It runs until mid-2023 and supports our work with Open Repair Alliance, repair data collection, development of Restarters.net, expanding our directory of repair businesses and Fixfest.

We received funding from the National Lottery Climate Action Fund for our Fixing Factories in Brent and Camden. Joseph Rowntree Charitable Trust funds our work to campaign for the Right to Repair and repair-friendly policy in the UK. We received funding from a Innovate UK grant we submitted with Tech Take Back for a feasibility study on streamlining repairability of used products donated to their project in Brighton. The Funding Network supports our work with the London community.

Restart also received funding from two sponsorship agreements and took part in The Big Give’s Green Match fund. We were the recipients of PayPal Giving Fund’s Small Charities Campaign.

Additional unrestricted funds came from our trading activities including consultancy work and delivering events and talks, as well as from donations from the general public.

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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):

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 2022, The Restart Project’s income increased significantly to a gross income of £619,368 (2021: £287,822). This is due to an increase in successful grant applications, alongside an increase in consultancy work and delivering more events.

The majority of this income came from Restricted Grants totalling £390,932 (2021: £157,989) including Sharepair EU Interreg, Joseph Rowntree Charitable Trust, Innovate UK, The Funding Network and National Lottery Community Fund.

We received £44,859 income from our trading activities. This included £20,800 from delivering events and talks, which is a significant increase from 2021 due to a greater interest in the Right to Repair and restarting holding events after covid.

We also received contributions towards the EU Right to Repair campaign which are restricted for its use.

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Our total expenditure also increased to £572,842 (2021: £405,606). This is in part due to the expansion of the staff team which is now 9 people. As in previous years, salaries and staff costs are the largest outgoing.

We ended 2022 with £217,031 in unrestricted reserves including £167,560 of cash We ended 2022 with £167,560 cash reserves which are held in our savings account reserves which were held in our savings account and our current bank accounts. 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 ___ Mike Tuffrey ___ Tim Gonzaga Chair of the board Trustee 4 August 2023 Position ___ ___ Date ___ 19 October 2023 7 August 2023 ___ 19 October 20234 August 2023

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Charity No 1151286

The Restart Project

Period start date

Annual accounts for the period 1/1/2022 To Period end 12/31/2022

Section A Statement of financial activities

The Restart Project The Restart Project The Restart Project Charity No 1151286
Annual accounts for the period
Period start date 1/1/2022 To Period end 12/31/2022
Statement of financial activities
Recommended categories by
Incoming resources (Note 3)
Income and endowments from:		 tes Unrestricted
Restricted
Endowment
£
£
£
F01
F02
F03		 Total funds
£
F04		 Prior year
£
F05
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other		 S01
S02
S03
S04
S05
S06		 85,388 3,967 - 89,355 44,832
44,966 440,014 - 484,980 206,094
44,859 - - 44,859 36,388
174 - 174 508
- - - - -
- - - - -
Net income/(expenditure) before
gains/(losses)
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Resources expended
Extraordinary items
Expenditure on:
Raising funds
Charitable activities
Separate material item of expense
Other
Net gains/(losses) on investments
Gains and losses on revaluation of fixed assets f
Other gains/(losses)
Total funds brought forward
Total
Total
Net movement in funds
Total funds carried forward
Reconciliation of funds:		 investment
S07
S08
S09
S10
S11
S12
S13
S14
S15
S16
S17
or the charity’s own use
S18
S19
S20
S21
S22		 175,387 443,981 - 619,368 287,822
- - - - -
183,407 389,435 - 572,842 405,606
- - - - -
- - - - -
183,407 389,435 - 572,842 405,606
(
8,020)		 54,546 - 46,526 (
117,784)
- - - - -
(
8,020)		 54,546 - 46,526 (
117,784)
- - - - -
70,260 (70,260) - - -
- - - - -
- - - - -
62,240 (
15,714)		 - 46,526 (
117,784)
154,791 76,750 - 231,541 349,325
217,031 61,036 - 278,067 231,541

CC17a (Excel)

Section B Balance sheet

Guidance Notes
Fixed assets		 Guidance Notes
Fixed assets		 Unrestricted
funds
Restricted
income
funds
£
£
F01
F02		 Unrestricted
funds
Restricted
income
funds
£
£
F01
F02		 Endowment
funds
£
F03		 Total this
year
£
F04		 Total last
year
£
F05
Investments (Note 17)
Intangible assets (Note 15)
Tangible assets (Note 14)
Heritage assets (Note 16)		 B01
B02
B03
B04		 44,340 - - 44,340 56,318
1,604 - - 1,604 2,324
- - - - -
- - - - -
(Note 27)
Debtors (Note 19)
Restricted income funds
Unrestricted funds
Revaluation reserve
Stocks (Note 18)
Investments (Note 17.4)
Cash at bank and in hand (Note 24)
amounts falling due within on
amounts falling due after one
Provisions for liabilities
Endowment funds (Note 27)
Current assets
Funds of the Charity
Signed by one or two trustees on behalf of all
the trustees
Total net assets or liabilities
Total fixed assets
Total current assets
Net current assets/(liabilities)
Total assets less current liabilities
Total funds
Creditors:
Creditors:		 e
y
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21		 45,944 - - 45,944 58,642
- - - - -
48,956 63,286 - 112,242 68,342
- - - - -
167,560 - - 167,560 128,990
216,516 63,286 - 279,802 197,332
45,429 2,250 - 47,679 24,433
171,087 61,036 - 232,123 172,899
217,031 61,036 - 278,067 231,541
- - - - -
- - - - -
217,031 61,036 - 278,067 231,541
- 61,036
217,031
-
-		 -
61,036 - 76,750
217,031 154,791
-
217,031 61,036 - 278,067 231,541
Signature Print Name Date of
approval
dd/mm/yyyy
Mike Tuffrey
07/08/2023
19/10/2023
19/10/2023
Tim Gonzaga 04/08/2023
19/10/2023

CC17a (Excel)

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

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

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:

An explanation as to those factors that support Not applicable the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful;

Where accounts are not prepared on a going Not applicable 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*

(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.

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.		 No
N/a
Yes
Recognition of income
Offsetting
Grants and donations
Legacies
Government grants
Tax reclaims on donations
and gifts
Contractual income and
performance related
grants
Donated goods
Donated services and
facilities
Support costs
Volunteer help
Income from interest,
royalties and dividends

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.
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 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 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.
The charity has received government grants in the reporting period
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.
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 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.
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.
The charity has incurred expenditure on support costs.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
Income from membership
Membership subscriptions received in the nature of a gift are recognised in Donations and
Income from membership
subscriptions
Settlement of insurance
claims
Investment gains and
losses
Liability recognition
Governance and support
costs
Grants with performance
conditions
Grants payable without
performance conditions
Redundancy cost
Deferred income
Creditors
Provisions for liabilities
Basic financial
instruments
Tangible fixed assets for
use by charity
Intangible fixed assets
Heritage assets
Investments
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.
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.
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.
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.
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.
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.
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.
The charity made no redundancy payments during the reporting period.
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade
discounts
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
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.
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
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
They are valued at cost.
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.
They are valued at cost.
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
Fixed asset investments in quoted shares, traded bonds and similar investments are valued
2.3 EXPENDITURE AND LIABILITIES
2.4 ASSETS		 X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
Stocks and work in
progress
Debtors
Current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
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.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
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.
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.
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE		 Stocks and work in
progress
Debtors
Current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
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.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
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.
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.
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE		 No
N/a
Yes		 No
N/a
Yes		 No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X
No
N/a
Yes
X

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:

----- Start of picture text -----
(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.
----- End of picture text -----

1.5 Material prior year errors

----- Start of picture text -----
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;
(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.
----- End of picture text -----*

CC17a (Excel)

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
Donations and
legacies:		 Analysis
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
Donations and gifts 65,190 3,967 - 69,157 12,692
Gift Aid 758 - - 758 1,112
Legacies - - - - -
General grants provided by government/other
charities
 - - - 11,588
Membership subscriptions and sponsorships - - - - -

Donated goods, facilities and services		 19,440 - - 19,440 19,440

Other		 - - - - -
Total 85,388 3,967 - 89,355 44,832
Charitable
activities:
Other trading
activities:
Income from
investments:
TOTAL INCOME		 Grant income 1,047 390,932 - 391,979 157,989
Sponsorship 43,862 49,082 - 92,944 48,105
- - - - -
Other 57 - - 57 -
Total 44,966 440,014 - 484,980 206,094
Pop-up Events 20,800 - 20,800 850
Consultancy 24,059 - - 24,059 33,050
Other - - - - 2,488
Total 44,859 - - 44,859 36,388
Interest income 174 - - 174 508
Dividend income - - - - -
Rental and leasing income - - - - -

Other		 - - - - -
Total 174 - - 174 508
175,387 443,981 - 619,368 287,822
All income in the prior year was unrestricted except for: (please £208,444 of restricted grant income.

CC17a (Excel)

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 4 Analysis of receipts of government grants
Description
CJRS
Grant proivided through the Coronavirus Job Retention Scheme		 This year
£
£
Prior year
Grant proivided through the Coronavirus Job Retention Scheme - 11,588
Total - 11,588

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Seconded staff
Use of property
Other		 This year
Last year
£
£		 This year
Last year
£
£
- -
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.

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 22,166 10,264 - 32,430 28,401
Software development 32,033 73,359 - 105,392 122,762
Community Development and Events 14,644 203,559 - 218,203 62,813
Campaigning 18,121 76,385 - 94,506 49,895
Other expenditure 96,443 25,868 - 122,311 141,735
TOTAL EXPENDITURE Total expenditure on charitable activities 183,407 389,435 - 572,842 405,606
183,407 389,435 - 572,842 405,606

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 9 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

This year

This year
Support cost (examples) Educational
Projects		 Software
development		 Community
Development
and Events		 Campaigning Other Grand total Basis of allocation
£ £ £ £ £ £ (Describe method)
Governance - - - - 440 440
Proportion of staff time spent on
finance, governance and HR		 - - - - 29,139 29,139 70% Operations Lead
10% for each Co-Director
Accountancy fees - - - - 7,960 7,960
Other - - - - 20,083 20,083 Office rental including cost of
donated facilities
Total - - - - 57,622 57,622

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
£
440 440
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 261,020 228,079
Social security costs 20,847 15,765
Pension costs (defined contribution scheme) 16,792 11,742
Other employee benefits - -
Total staff costs 298,659 255,586
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.

costs) fell within each band of £10,000 from £60,000 upwards. If
'true' in the box provided.		 costs) fell within each band of £10,000 from £60,000 upwards. If
'true' in the box provided.		 there are no such transactions, please enter
No employees received employee benefits (excluding employer TRUE
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 paid to £107,410
key management personnel (includes
trustees and senior management) for
their services to the charity
Please provide the total amount paid to £107,410
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 6.6 6.0
Governance 1.0 1.0
Other -
Total 7.6 7.0

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)

CC17a (Excel)

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 in the SOFA as an expense

£16,792

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.

The National Employment Savings Trust (NEST) is a defined contribution workplace pension scheme. The Restart Project started paying into it in November 2017 as their employer responsibility for automatic enrolment as part of the government's workplace pension reforms under the Pensions Act 2008.

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 multi-employer 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

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 *		 - - - 3,600 3,600
- - - - -
- - - - -
- - - - -
- - - - -
14.2 Depreciation and
*Basis*
 Rate
14.3 Net book value
At end of the year
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the
beginning of the year
Net book value at the
end of the year		 - - - 3,600 3,600
impairments
SL or RB (Straight
Line or Reducing
Balance)		 SL or RB SL or RB SL SL
5 years
- - - 1,276 1,276
- - - - -
- - - 720 720
- - - - -
- - - - -
- - - 1,996 1,996
- - - 2,324 2,324
- - - 1,604 1,604

CC17a (Excel)

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
£
- - 166,460 166,460
- - 22,360 22,360
- - - -
- - - -
- - - -
At end of the year - - 188,820 188,820

15.2 Amortisation and impairments

*Basis*
15.3 Net book value
 Rate
At beginning of the
year
Disposals
Amortisation
Impairment
Transfers*
At end of year
Net book value at the
beginning of the year
Net book value at the
end of the year		 SL or RB SL or RB SL SL Straight Line
("SL") or
Reducing
Balance
("RB")
3 years 3 years
- - 110,142 110,142
- - - -
- - 34,338 34,338
- - - -
- - - -
- - 144,480 144,480
- - 56,318 56,318
- - 44,340 44,340
ccounting policy for intangible fixed assets including:
y

15.4 Accounting policy

Please disclose the accounting policy for intangible fixed assets including:

CC17a (Excel)

Reasons for choosing amortisation Website costs are amortised over three years as it is rates 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 d d ti

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.

Note 19 Debtors and 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
£
- -
12,399 2,341
99,843 66,001
Total 112,242 68,342

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 after
within one year more than one year
This year
Last year		 This year Last year
£
£		 £ £
Accruals for grants payable -
-		 - -
Bank loans and overdrafts -
-		 - -
Trade creditors 309
228		 - -
Payments received on account for contracts or
performance-related grants - -
Accruals and deferred income 31,415
13,388		 - -
Taxation and social security 12,368
9,694		 - -
Other creditors 3,587
1,122		 - -
Total 47,679
24,432		 - -

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

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 - -
Amounts added in current period 30,148 12,500
Amounts released to income from previous periods - -
Balance at the end of the reporting period 30,148 12,500

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 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.

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other		 This year
£		 Last year
£
- -
- -
167,560 128,990
- -
Total 167,560 128,990

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

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
£
ShaRepair R 61,578 167,396 (
158,714)		 -
70,260		 - -
EU Campaign R 14,761 53,048 (
35,752)		 - - 32,057
London Laptops R 411 - - 411
Nominet R - 2,250 (
2,250)		 - - -
Funding Network R - 10,000 (
9,299)		 - - 701
Innovate UK R - 4,910 (
4,910)		 - - -
Joseph Rowntree R - 46,304 (
28,437)		 - - 17,867
National Lottery R - 160,073 (
150,073)		 - - 10,000
R - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds
76,750		 443,981 (389,435) -
70,260		 - 61,036

CC17a (Excel)

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds
This year		 27.3 Transfers between funds
This year		 27.3 Transfers between funds
This year
Reason for transfer and where endowment is converted to income, legal power for its conversion Amount
Between unrestricted and restricted funds During the year it was identified that expenditure for historic intangible additions were funded by restricted
grant income but had prevously been accounted for through unrestricted expenditure.		 70,847
Between endowment and restricted funds -
Between endowment and unrestricted funds -
70,847
Last year
Reason for transfer and where endowment is converted to income, legal power for its conversion Amount
Between unrestricted and restricted funds -
Between endowment and restricted funds -
Between endowment and unrestricted funds -
-
27.4 Designated funds
This year
Planned use Purpose of the designation Amount
-
-
-
-
-
-
Last year
Planned use Purpose of the designation Amount
-
-
-
-
-
-

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)		 TRUE

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False) TRUE

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

There have been no related party transactions in the reporting period (True or False) 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)