Bringing Words to Life Ltd Financial Ststements For the Year Ended 31 August 2022 NN Nlll *AC4F47Z4- 2710512023 cPANIEs HOUSE
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Company Registration No. 08366070 Charity Registration No. 1151661 Bringing Words to Life Ltd 2022
Legal and Administrative Inforniation= Name: Bringing Words to Lrfe Limited Company No. 08366070 Charity No. 1151661 Truslees: stuart Jac*son Emma Bamett Beth Khalil Jeremy Bamett (Chair) (Treasurer) Directors: Stuart Jackson Emrna Bamett Jeremy Bamett Registered Address: 16 Summerdale Shotley Bridge Consett Co. Durham DH8 OET Bank: Lloyds Bank PLC 44 Front Streel Vthid(ham Tyne arKI Wear NE16 4DS Structure: Bringing Words to Lrfe Ltd is a Company limited by guarantee (Company No. 08366070) and a registered Charity (Charity No.1151661). Senlor Contact: Melanie Comish-Fleet- Chief Execulive offir. Independent Examiner Darren Thompson Futures"[1$ North East CIC 44 Wtton Drive Spennymoor Co. Durham DL16 6LU Brir¥Jing Words to Life Ltd 2022
Conlents: Directors'rrrustees. Report Page 4 Independent Examiners Report Page 6 SL2tement of Finanoal Adivities Page 7 ststement of Assets and Liabilities Page 8 Notes to Accounts Page 9 BriNJing Words to Life Ltd 2022
Trustees, Report: The aim ofthe charity is: To advan the education of the publr. partilarfy but not exclusively those rpsiding in Gateshead and the suffounding aa by developing key literacy sh"Ils Mth the aim ofadvancing educab'on and employment p• and lrfe skills. Achievements and P•rfornMnce: Over the last year, Bringing Words to Lrfe, has continued to deliver a wide range of literacy workshops in schools and with community groups. Over the last year Bringing Words to Lrfe has conts.nued to deliver a wider range of activits'es in and around the North EasL as well as working with a number of schools in Manchester. We worked with 634 young people acmss four drfferent settings in Newcastle and Gateshead. We provided tutoring support for three young people who had been exduded from school through Gateshead Council. v ran a Christmas Poetry competition which involved eleven sc*¢ools. Over 265 ath'des were written through the support of our wogramrnes. We efflployed two young people through the Kid(start programme. We provided volunteer opportunities for 43 YO people. Plans for the future: Having developed one of our key programmes as a stand-alone resource, the organisation is now WOTking on a sales strategy to generate unrestricted income. Risk Management: The Trustees are exarnining the major risks. vknich the organisation faS in relation to extemal factors, g0veman, and intemal operalions of the organisation. They are considering the likelihood and the impad of risks and reviewing what systems should be in pla to control arKI redu those risks. Roserves Policy: It is the policy of the charrty to ty and t)uild up unrestricted funds, which are free reserves of the organisation, to a level Ihat equates to approximately 3 months unrestricted expenditure. This woulo provide suifiaent funds to cover the management and administration support costs and any emergenaes that may arise from ts'me to time. The Directorsrrrustees are responsible for keeping proper accounting records which disdose with reasonable accuracy the finanoal position of the charity, which enables
them to ascertain the financial Position of the o)mpany and enable the¥ tc cowply with applicable law. The Diredorsrrrustees are also responsble for the safeguarding the assets of the charitable company and hen for takirwJ reasonable steps for the prevents.on arKI detection of fraud arKI other irregularities. Trustees. Responslbilitles: The Twstees are responsible for keeping proper aco)unting reCrds. Ifithich disdose with reasonable acraCY the finanoal positson of the tharity which enables them to aSrtain the finan(ial position of the company and enable them to comply with applicable law. The Trustees are also responsible for Ihe safeguaTding the assets of the charitable company and hence for taking reasonable steps for the prevention and detedion of fraud and other irregularities. For the year ending 3118r2022 the compary was entitled to exempts'on from audit under section 477 of the Companies 2(th relats'ng to srnall companies. The members have not required Ihe company to oblain an audit in accordan with section 476 of the Companies Act 20CkS. The directors acknovAedge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of acunts. These accounts have been prepared in accordance with Ihe provisions applicable to companies subject to the small companies regime. Approved by the Trustees and signed on their behalf by: Signed: Position: C(&E{l . Signed: Position: ItA6E1 Bringing Words to Life Lld 2022
Independent Exarniners Report: I report on the financial statements of 8rirYJing Words to Lrfe Ltd for the year ended 311 August 2022, which are set out on pages 7-9. Respective responsibilities of Trustees and Examiner: The charity's trustees (vtho are also the directors of the company for the purposes of company law) aTr responsible for the preparation of the a¢unIs. The charity's trustees consider that an audit is not required for this year under seixion 144(2) of the Charities Ad 2011, and an independent examinats.on is needed. Having satisfied mysetf that the charity rf not subject to audit under company law and is eligible for indendent examination- it is my responsibility to: Examine the accounts under section 145 of the 2011 Act. Follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 ACL. and State wk£ther parti(xJlar matters have corne to my attention. Basls of examiners statement: My examination was carried out in ar£Ordan General Directions given by the Charity Commissioners. An examinab'on indudes a review of the acuunting records kept by the charity and a comparison presented wth those records. It also indudes considerakn'on of any unusual items or disdosures in the accounts and seeking explanations from the trustees conceming any suth matters. The prOdureS undertaken do not provide all the evidence that would be required in an audit, and no opinion is given as to whether the ac£ounts present a Yrue and fair view, and the report is limited to those matters set out in the statement beluw. Independent examinefs statement: In tha course of the examination. no matter has CA)me to my attention.. lfithith gives me reasonable c2use to believe that in any material resped, the trustees have not met the requirements to ensure that.. - proper a(fA)unting re(x)rds are kept (in a(ordan with section 130 of the Act)" and - acuntS are prepared whith agree with the acu)unting records and comply with the accounting requirem8nts of the 2011 Ac( or 2. to whi(, in my opinion. attention should be drawn in order to enable a proper understanding of the acuntS to be reathed. Signed: D W Thompson Date.. 231512023 Darren Thompson 44 Wtton Drive Spennymoor Co. Durham DL16 6LU Bringing Words to Life Lld 2022
Bringing Words to Life Ltd *tement of Financial Activitles 1 Seoember 2021- 31 August 2022 Restricted 2022 2021 Incomin Grants Sales Other income Resources: 14 133.00 29 850.00 41.00 58 159.00 11460.00 29 850. 41.iJ) Total Incoming Resources: 14133.00 29.891.00 44,024.00 69.619.1)0 Resources Ex Insurance [l¢e costs Travel ex enses staffin costs Sessional V•Dther costs Professional fees Loan Inte51 Other costs nded: 2(XJ.00 200.00 5911.00 2,153.00 39 567.00 223.00 2.153.00 28 559.00 1,291.00 43 573.00 300.00 67.00 67.00 Total Resources nded: 14,133.00 36.010.00 50,143.00 64,815 .00 SurpluslDeficit for the (6,119.00) (6.119.00) 4,804.00 Funds brought ft>rward 1" mber 2021: 6.573.00 6,573.00 1.769.00 Funds carried foThvard 31° Au ust 2022: 454.00 6.573.IXI Bringing Words to Life Ltd 2022
Bringing Vknds to Llfe Ltd Statement of Assets and Liabllities as at 31 August 2022 2022 2021 Notes Current assets: Cash at bank and in hand Debtors 454.00 10 900.00 6 573.00 4 825.00 Total current assets: 11354.00 11398.00 Liabllities: Loans HMRC 5 156.00 691.00 Total liabilitles". Net assets: 5 551.00 The funds ofthe chari Restr7Cted funds UnrestrFCted funds 4 825.00 726.00 6 198.00 Total funds: 6 198.00 5 551.00 For the finanoal yearin question the cvmpany was entided to exemption under section 477 of the Companies Act 2Q06 relating to small companies. No members have requi1 the company to obtain an audit forthe yearin question in accordan th sedion 476 ofthe Companies Act 2006. rhe directo acknowledge their Sponsi.111Y for MplyIng bwth the lUIrementS of the Act with SpeCt to accounting records and for the pparatsOn of accounts. These acuntS have been ppal in aCnIan wi.th the provisions applicable to LY)mpanies subject to the small cx)mpanies' regime. Signed: Posrtion.. Signed: Positi'on.. Bringing Words to Life Ltd 2022
Bringing Words to Life Ltd N(rtes to the nancial Sxatements for the year ended 31it August 2022 The accounts are prepared on the reiptS and payments basis in accordan wth the Statement of Re)Mmended Pradice. Accounting. and Re rtin b Charits'es. Bringing Words to Lrfe is a Registered Charity (Charity No. 1151661) and acom an Limited Guarantee Com an No.08366070 . This indudes: Artemis £2,500. EDP £3.825.LX) Gateshead Colle Kickstart £7 808.00 In)rne enerated throu h contracts and Servi level Office costs indude statione IT and consumables. This indudes-. Wa e costs £39 567.00 Monies outstanding due to the charity: £10 900 - contract income. Loan repayments deferred to next financial year as part of COVID-19 su ort. Funds available to the chari reements. Bringing Words to Life Ltd 2022