Bringing Words to Life Ltd Financial Statements For the Year Ended 31 August 2023 1111 111111 AC21PLJ4 A17 33 COMPANIES HOUSE Company Registration No. 08366070 Charity Registration No. 1151661 Bringing wdS to Lrfe Ltd 2023
Legal and Admlnlstratlve Information: Name: Brwiging Words to Life Lrnited Company No. 08366070 Charlty No. 1151661 Trustees: Stuart Jackson Emma Bamett Beth Khalil Jeremy Bamett (Chair) (Treasurer) Directors: Stuart Jackson Emma Bamett Jereffly Barnett Registered Address: Rowlands Gill Community Centre Strathmore Road Rowlands Gill Tyne and Wear NE39 1JB Bank: Lloyds Bank PLC 44 Front Street Whickham Tyne and 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 Executive Officer. Independent Examiner: Darren Thompson 44 Witton Drive Spennymoor Co. Durham DL16 6LU Brlnging Words to Lrfe Lld 2023
Contents: 1 Directors'rrrustees. Report Page 4 2 Independenl Examine Report Page 6 3 Statement of Financial Activitses Page 7 4 Statement of Assets and Liabilities Page 8 5 Notes to the Accounts Page 9 Bringing Words to Life Ltd 2023
Trustees. Report: The aim of the dlarity is: To advance the education of the public, particularfy but not exdusively those residing in Gateshead and surrounding area by developing key literacy skills with the aim of advancing education and employment prospects and lrfe skills. A¢hievements and Porfommnce: Over the last year, Bringing Words to Life has cA)ntinued to deliver a wide range of literacy workshops in schods and with communty.groups. Over the last year Bringing Words to Life has continued to deliver a wider range of activities in and around the North of England. Bringing Words to Lrfe worked with 656 people. Bringing Words to Lrfe delivered workshops in new geographical localions including Whitehaven. Cumbria and Cramlington, Northurnberland. Bringing Words to Lrfe delivered over 180 wtykshops throughout the year. Plans for the future: To support schools in using (r stand-alone resour Write2 to improve the literacy and communication skills of young people around the country. Risk Management: The Trustees are examining the major risks. which the organisation faces to extemal factors, govemance, and intemal operations of the organisation. They are considering the likelihood and the impact of risks and reviewing wthat systems should be in place to control and reduce those risks. Reserves Poli.cy: It is the policy of the chaiity to ty and build up unrestricted funds. which are free reserves of the organisation, to a level that equates to approximately 3 months of unrestricted expenditure. This would provide sufficient funds to cover the management and administration SUpp(t costs and any emergencies that may arise from time to time. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the finanaal position of the charity. which enables them to ascertain the financial position of the company and enable them to comply with applicable law. The Directorstrrustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other wregularities. Bringing Words to Life Ltd 2023
The DirectOrsrUStees a responsible for keeping proper accounting records which disdose with reasonable accuracy the finanaal position of the charity, which enables them to ascertain the financial position of the company and enable them to Comply with applicable law. The Directorsffrustees are also responsible for the safeguarding the assets of the charitable c¢)mpany and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Trustees. Responsiblliiies: The Trustees are responsible for keeping proper a¢Unting records. which disclose with reasonable accuracy the financial positioT] of charity which enables them to ascertain the financial position of the company and enable them to comply with applicable law. The Trustees are also restK)nsible for the safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. For the year ending 311812023 the company was entitled to exemption from audit under section 477 of Ihe Companies Ad 2006 relating to small companies. The rnembers have not required the company to obtain an audit in acc(Kdance with section 476 of the Companies Act 2006. The direct¢)rs acknowledge their responsibility for complying with the requirements of the Act with res to actounting records and for the preparation of accx)unts. These accounts have been prepared in accordan with the provisions applicable to companies subject to the small npani regiThE. Approved by the Trustees and signed on their behaff by: Signed: Position: iÉ.g Signed: . Position: TeusTE6. Bringing Words to Life Ltd 2023
Independenl Examiners Report: I report on the financial statements of Bringing Words to Lrfe Ltd for the year ended 3151 August 2023. whicti are set out on pages 7-9. Respectlve responsibilities of Trustees and Examlner: The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011. and an independent examination is needed. Having satisfied myself that the charity rf not subject to audit under company law and is eligible for independent examination: it is my responsibility to: Examine the accwnts 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 Act: and State whether particular matters have come to my attention. Basls of examlnerfs statement: My examination was carried out in a¢dan with General Directions given by the Charity Commissioners. An examination indudes a review of the accounting records kept by the charity and a comparison presented with those records. It also indudes considerati¢)n of any unusual items or disdosures in the accounts and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that wwld be required in an audit, and no -opinion.is given as.to whether-lhe accounts present a 'true.and.fair-view and the report is limited to those matters set out in the statement belLw. Independent examlnerfs sL*emenL In the course of the examination. no matter has come to my attentM)n: Which gives me reasonable cause to believe that in any material respect, the tnjstees have not met the requirements lo ensure that: - proper accounting records are kept (in accx)rdance with section 130 of the Act); and . accounts aTr prepared ¥thith agree sMth the account1J records arKJ comply with the accounting requirements of the 2011 Act; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 28/2/2024 Darren Thompson 44 Wittcm Drive Spennymoor Co. Durham DL16 6LU Bringing Words to Llfe Ltd 2023
Bringing Words to Ufe Ltd Statement of Flnanclal Actlvlties 1 September 2022 - 31 August 2023 Restricted 2023 2022 Notes Incomin Grants Sales Other income Resources: 18.231.00 18 231.00 32,005.00 181.00 14 133.00 29,850.00 41.00 32 005.00 181.00 Total Incomlng Resources: 18,231.00 31186.00 50.417.00 44,024.00 Resources Ex Premises costs Insurance Office costs Travel ex nses Staffin costs Sessional Vrker costs Professional fees Loan interest Other costs nded: 720.00 209.00 3 516.00 720.00 209.00 200.00 5,911.00 2.153.00 39,567.00 1.945.00 300.00 67.00 880.00 1.000.00 2.046.00 16 351.00 15 734.00 3.300.00 291.00 550.00 32.085.00 3.300.00 291.00 550.00 Total Resources nded: 18.231.00 2&366.00 43.597.00 50,143.00 SurpluslDefic•t for the eriod: 6,820.00 6,820.00 {6,119.00) Funds brought forward tember 2022: 454.00 454.00 6,573.00 Funds carrled forward 31" Au ust 2023: 7,274.00 7.274.00 454.00 Bringing Words to Life Ltd 2023
Bringing Wwds to Life Ltd Statement of Assets and Liabilities as at 31 August 2023 2023 2022 Current assets: Cash at bank and in hand Debtors 454.00 10 900.00 Total current assets: 11354.00 Liabllltles: Loans HMRC Total liabilities: 865.00 5 156.00 Net assets: 309.00 198.00 The funds of.tho chari Restricted funds Unrestricted funds 6 198.00 Totsl funds: 309.00 198.00 For the financial year in question the company was entrfled lo exemption under section 477 ofthe Companies Act 2006 relating to small companies. No members have required the company to obtain an audit for the yearin question in accoance "th section 476 of the Companies Act 2006. The directors acknowledge their tssponsitslity for complwng wilh the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the pmvisions applicable to companies subject to the small companies. regime. Signed: .. Position: Signed: . Position: IMA IflvS1¢e Bringing Words to Life Ltd 2023
Brlnglng Words to Llfe Lld Notes to the Flnaftclal Statements for the year ended 31st August 2023 The accounts are prepared on the receipts and payments basis in accordance with the Statement of Rec(Mnmended Practi. AcCnting, and Reporting by Charities. Bringing Words to Lrfe is a Registered Charity (Charity No. 1151661 } and a Company Limited by Guarantee (Company No.08366070). This indudes: Natial Lottery Heritage Fund £7.650.00 Curtiria County Council £5,831.00 Ridley Famity Trust £4,000.00 Cramlington Town Council- Community Chest £750.00 Income generated through contracts and service level agreements. Office costs indude stationery, IT. and consumables. This includes expenditure on a sessional worker to deliver pr(yJrammes. This indudes". Graphic Design Consultancy- £3.000.00 Accountsncy - £300.00 Money owed to the charity this financial year but not yet received. Funds available to the charity. Bringing Words to Lrfe Ltd 2023