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2021-12-31-accounts

Charity No. 1152381

Restored Lives

Charity

Trustees' Report and

Financial Statements

For the year ended 31 December 2021

Restored Lives

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees Catherine Butcher
Erik Castenskiold
Helen Adam
Charity Number 1152381
Registered Office Postern Park
Postern Park Lane
Tonbridge
TN11 0QR
Bankers LLOYDS BANK
125 Balham High Road
London
SW12 9AT

CONTENTS

Restored Lives

Page
Directors' Report 1-2
Statement of Financial Activities 3
Balance Sheet 4
Statement of cashflows 5
Accounting Policies 6
Notes to the Financial Statements 7-8

Restored Lives Trustees’ Report For the year ended 31 December 2021

The trustees present their report together with the financial statements for the year ended 31 December 2021 which are prepared in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities” Charities SORP (FRS 102), the Companies Act 2006 and applicable UK accounting standards in preparing the annual report and financial statements of the charity.

Our Aims and objectives

Restored Lives aims to provide those suffering the pain of divorce or separation with practical tools for moving on with their lives in a positive way. We do this by developing and publishing materials for the Restored Lives course and by promoting the running of the course in churches across the world.

Review of 2021 Activities

The 2021 year was spent consolidating the Restored Lives course in an online environment as the Covid pandemic continued to restrict the meeting of guests face to face. Our conference in the summer trained other leaders to run the course online and we now see the opportunity to open the course up to more people who might not have a face to face course in their local area. Prior to the pandemic, Restored Lives was running around 40 locations around the UK and also in many other countries around the world such as Switzerland, Hong Kong and France.

In addition, the website continues to be a source of examples and stories through videos and the blog to encourage people and give them hope of a restored life. We estimate that over 2,000 people have now attended the Restored lives course and accessed personal help and offered the tools to recover from their relationship breakdown.

Whilst adults are the ones suffering a relationship breakdown, children are the innocent victims whose lives are often forever changed by a parental split. During 2021 we worked together with a children’s charity Fegans to trail a five session online workshop for children of separated parents called Your Direction to empower them to navigate the changes happening in their lives. The trials were successful and the feedback extremely encouraging from children aged from 12 to 30 years old and we will be looking to roll out more of these workshops during 2022.

Looking ahead to 2022

We will look to build connections and partnerships with people and organisations interested in running Your Direction and support children through this significant crisis period of their lives.

Our immediate aims for the adults course on Restored Lives is to increase the number of places running the course in the UK and around the world and we are promoting the course whenever possible. In addition to this we want to increase the resources available to everyone across the UK including increased access to expert help as well as more support for people who have experienced controlling and abusive relationships.

Structure, Governance and Management

The organisation is a charity, registered on 11 June 2013.

The Board of Trustees

All trustees give their time voluntarily and receive no benefits from the charity. The trustees have complied with the duty in Section 17 of the Charities’ Act 2011 to have due regard to Public Benefit guidance published by the Charity Commission.

Risk Management

The board of trustees has considered the major risks to which the charity is exposed and our response to those risks. A review of major risks is conducted at least annually.

Related parties

Details of related parties are given in note 13 of the financial statements.

1

Restored Lives Trustees’ Report For the year ended 31 December 2021

Financial Review

Policy on Reserves

The policy of the board of trustees is not to build up general reserves beyond the operating needs of the charity. Free reserves at 31 December 2020 were £29,058.

Responsibilities of the Trustees

Charity law requires the trustees under charity law, to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year.

In preparing those financial statements, the trustees should follow best practice and:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Commission Guideline. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In accordance with charity law, as the charity’s trustees, we certify that as the trustees of the charity we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the charity complies with the law.

Approved by the board of Restored Lives on 21 October 2022 and signed on its behalf by:

Catherine Butcher Trustee

2

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Restored Lives

Notes
Income
2
Donations and legacies
Gift Aid Donations
Donations and Grants
Trustees' Report and
Other income
Interest
Total income
Expenditure on charitable activities
3
Fundraising expenditure
Expenditure on charitable activities
3
Total expenditure
Net income/(expenditure)before fund transfer
Transfer from restricted to unrestricted funds
Net income/(expenditure)
Fund balances at 1 January
Fund balances at 31 December		 2021
2021
2021
Unrestricted
Restricted
Total
£
£
£
1,938
-
1,938
21,351
-
21,351		 2020
Total
£
7,500
34,253
23,289
-
23,289
4,469
-
4,469
3
-
3		 41,753
209
-
27,761
-
27,761		 41,962
-
-
-
36,860
-
36,860		 -
14,302
36,860
-
36,860
(9,100)
-
(9,100)
-
-
-
(9,100)
-
(9,100)
38,157
-
38,157
29,058
-
29,058		 14,302
27,660
-
27,660
10,497
38,157

All activities are classed as continuing. The notes on pages 7 to 8 form part of these financial statements. All recognised gains and losses are included in the statement of financial activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

3

BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021

Restored Lives

2021
Notes
£
Fixed assets
7
-
Current assets
Debtors
9
803
Cash at bank and in hand
10
29,955
30,758
Liabilities: amounts falling due within one year
11
(1,700)
Net current assets
29,058
Liabilities: amounts falling due > one year
11
-
29,058
Fund balances
Unrestricted funds
8
29,058
Restricted funds
8, 12
-
Total funds
29,058		 2020
£
-
-
39,407
39,407
(1,250)
38,157
-
38,157
38,157
-
38,157

21 October 2022

Approved by the Board on____and signed on its behalf by

Cathy Butcher Trustee

The attached notes form part of these financial statements.

4

Restored Lives

STATEMENT OF CASHFLOWS

FOR THE YEAR ENDED 31 DECEMBER 2021

Cash generated from Operations (see note below)
Asset disposed / (Assets purchased)
Net increase (decrease) in cash & cash equivalent after financing
Increase/ (decrease) in cash and cash equivalents
Note to cash flow statement
Cash flow from Operating activities
Net operating (deficit)/surplus (per Statement of Financial Activities)
Depreciation and amortisation charges
(Increase) /Decrease in debtors
Increase/ (decrease) in creditors due within one year
(Decrease)/ increase in creditors due after more than one year
Net cash (outflow)/ inflow from operating activities		 2021
£
(9,452)
-
(9,452)
(9,452)
2021
£
(9,099)
-
(803)
450
-
(9,452)		 2020
£
27,510
-
27,510
27,510
2020
£
27,660
-
-
(150)
-
27,510

5

Restored Lives ACCOUNTING POLICIES FOR THE YEAR ENDED 31 DECEMBER 2021

1. Accounting Policies

Basis of accounting

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)) and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

Funds

Unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity.

Restricted funds represent those received for specific purposes as specified by the donor, or the terms under which the funds were received.

The accounts include all transactions, assets and liabilities for which the charity is responsible in law.

Voluntary income and capital sources

Donations, gifts and other income are recognised as income when they are received. Donations and grants received for specific purposes are accounted for as restricted funds. Where appropriate the charity has taken advantage of the Gift Aid scheme.

Income from investments

Interest entitlements on bank accounts are accounted for as they accrue.

Resources expended

Resources expended are accounted for on an accruals basis and recognised when they fall due. They are analysed according to their nature between the following categories:

Support costs

Expenditure on charitable activities (including Governance costs)

Fundraising

Fixed Assets

Individual items with a purchase price of £1,000 or less are written off in the year of acquisition. Tangible fixed assets with a cost of over £1000 are capitalised and valued at cost less accumulated depreciation. The assets are depreciated on a straight line basis over their estimated useful economic lives.

6

Restored Lives

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. Incoming resources

2. Incoming resources
Gift aid
Donations and grants
Donations
Grants
Incoming resources from charitable activities
Other incoming resources
Bank interest
Total incoming resources		 2021
Unrestricted
2021
Restricted
2021 Total
2020 Total
£
£
£
£
1,938
-
1,938
7,500
21,351
-
21,351
34,253
-
-
-
-
21,351
-
21,351
34,253
23,289
-
23,289
41,753
4,469
-
4,469
209
3
-
3
-
27,761
-
27,761
41,962

3. Resources expended

Charitable activities
Charitable activities
Governance
Fundraising
Total 2021
Total 2020		 Direct
Allocated
support costs
Depreciation
Total
36,360
-
-
36,360
-
500
-
500
-
-
-
-
36,360
500
-
36,860
14,052
250
-
14,302

7

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Restored Lives

4. Accounting costs and depreciation
Net outgoing resources are stated after charging
Accounting remuneration - current year estimate
- prior year over/under-accrual
5. Staff costs
Wages and salaries
Social security costs
Trustees' Report and		 2021
2020
£
£
500
250
-
-
500
250
2021
2020
£
£
-
-
-
-
-
-
-
-

The charity does not employ any staff.

6. Trustees

The trustees received no remuneration or reimbursement of expenses from the charity during either year.

7. Tangible fixed assets

There are no fixed assets

8. Analysis of net assets by fund

8. Analysis of net assets by fund
Fixed assets
Current assets
Current liabilities
Long Term liabilities
Fund balance		 2021
2020
Restricted Unrestricted
Total
Total
£
£
£
£
-
-
-
-
-
30,758
30,758
39,407
-
(1,700)
(1,700)
(1,250)
-
-
-
-
-
29,058
29,058
38,157
9. Debtors
Sundry debtors
10. Cash at bank and in hand
Bank balances
Cash balance
11. Liabilities
Loan
Accruals		 2021
2020
£
£
803
-
803
-
2021
2020
£
£
29,955
39,407
-
-
29,955
39,407
2021
2020
£
£
-
-
1,700
1,250
1,700
1,250

12. Restricted funds

No restricted funds were received during the year.

13. Related parties

There were no related party transactions during the year.

8

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Restored Lives members of On accounts for the year 31 December 2021 Charity no 1152381 ended (if any) Set out on pages 1-8 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2021.

Responsibilities and basis of report As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”) .

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 24 October 2022 Name: Habtamu Ewnie Relevant professional Fellow members of the Association of Chartered Certified Accountants qualification(s) or body (FCCA, UK), MSc in Professional Accountancy, University of London. (if any): Address: Flat 165 Lambourne House Apple Yard London, SE20 8FX

1

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of None any items that the examiner wishes to disclose .

2

October 2018

IER