Charity No. 1152381
Restored Lives
Charity
Trustees' Report and
Financial Statements
For the year ended 31 December 2022
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 2022
The trustees present their report together with the financial statements for the year ended 31 December 2022 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 impactedby 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 organisations across the world.
Review of 2022 Activities
2022 was spent consolidating the Restored Lives course in an online environment with over 250 people participating on the online course during the year. The online environment has enabled us to provide other resources such as one off optional events on abuse, faith perspectives and men issues in conjunction with the Restored Lives course. These have been well received with, for instance, 145 guests joining the evening covering the topic of abuse and coercive behaviour in the year which has led us to trial a 3 session course for people who needed more support in this area.
As the Covid pressures in the UK lessened, some face to face courses started once again however understandably, people were cautious about returning quickly. Prior to the pandemic, Restored Lives was running in around 40 locations in the UK and also in around 10 other countries around the world such as Switzerland, Hong Kong and France.
We estimate that over 2,000 people have attended the Restored Lives course and accessed the direct, personal support to recover from their relationship breakdown. 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.
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 2022 we accelerated our work developing the Your Direction online workshop together with the children’s charity Spurgeons to empower children to navigate the substantial changes happening in their lives. The workshops for children aged from 12 to 30 years old have been successful with our KPIs very positive and the feedback extremely encouraging.
Looking ahead to 2023
We will look to raise funding in 2023 to bring together the resources required to roll out more of the Your Direction workshops over the next 3 years and build connections and partnerships for people to run Your Direction in their local area.
Our immediate aims for the adults course 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.
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Restored Lives Trustees’ Report For the year ended 31 December 2022
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.
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 2022 were £29,669.
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:
-
select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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follow applicable accounting standards, subject to any material departure disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is not appropriate to assume that the charity will continue on that basis.
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 and signed on its behalf by: 31 August 2023
Catherine Butcher Trustee
2
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
Restored Lives
| Notes Income 2 Donations and legacies Gift Aid Donations Donations and Grants Donations and legacies Total 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 |
2022 2022 2022 Unrestricted Restricted Total £ £ £ 4,063 - 4,063 23,383 - 23,383 |
2021 Total £ 1,938 21,351 |
|
|---|---|---|---|
| 27,446 - 27,446 6,917 - 6,917 1 - 1 |
23,289 4,469 3 |
||
| 34,364 - 34,364 |
27,761 | ||
| - - - 33,752 - 33,752 |
- 36,860 |
||
| 33,752 - 33,752 612 - 612 - - - 612 - 612 29,058 - 29,058 29,669 - 29,669 |
36,860 | ||
| (9,100) | |||
| - | |||
| (9,100) 38,157 |
|||
| 29,058 |
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 2022
Restored Lives
| 2022 Notes £ Fixed assets 7 - Current assets Debtors 9 3,929 Cash at bank and in hand 10 26,490 Total Assets 30,419 Liabilities: amounts falling due within one year 11 (750) Net current assets 29,669 Liabilities: amounts falling due > one year 11 - 29,669 Fund balances Unrestricted funds 8 29,669 Restricted funds 8, 12 - Total funds 29,669 |
2021 £ - |
|---|---|
| 803 29,955 |
|
| 30,758 (1,700) |
|
| 29,058 | |
| - | |
| 29,058 | |
| 29,058 - |
|
| 29,058 |
Approved by the Board on____and signed on its behalf by31 August 2023
Cathy Butcher Trustee
The attached notes form part of these financial statements.
4
Restored Lives
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022
| 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 surplus/ (deficit) (per Statement of Financial Activities) Depreciation and amortisation charges (Increase) in debtors (Decrease)/Increase in creditors due within one year (Decrease)/ increase in creditors due after more than one year Net cash (outflow)/ inflow from operating activities |
2022 £ (3,465) - (3,465) (3,465) 2022 £ 612 - (3,126) (950) - (3,465) |
2021 £ (9,452) - |
|---|---|---|
| (9,452) | ||
| (9,452) | ||
| 2021 £ (9,099) - (803) 450 - |
||
| (9,452) |
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Restored Lives ACCOUNTING POLICIES FOR THE YEAR ENDED 31 DECEMBER 2022
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.
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Restored Lives
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
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 |
2022 Unrestricted 2022 Restricted 2022 Total 2021 Total |
| £ £ £ £ 4,063 - 4,063 1,938 23,383 - 23,383 21,351 - - - - |
|
| 23,383 - 23,383 21,351 |
|
| 27,446 - 27,446 23,289 |
|
| 6,917 - 6,917 4,469 |
|
| 1 - 1 3 |
|
| 34,364 - 34,364 27,761 |
3. Resources expended
| Charitable activities Charitable activities Governance Fundraising Total 2022 Total 2021 |
Direct Allocated support costs Depreciation Total 32,745 - - 32,745 - 1,007 - 1,007 - - - - |
|---|---|
| 32,745 1,007 - 33,752 |
|
| 36,360 500 - 36,860 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
Restored Lives
| 4. Accounting costs and depreciation Net outgoing resources are stated after charging Audit & Accountancy fees - prior year over/under-accrual 5. Staff costs Wages and salaries Social security costs |
2022 2021 £ £ 1,007 500 - - |
|---|---|
| 1,007 500 |
|
| 2022 2021 £ £ - - - - |
|
| - - |
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 Fixed assets Current assets Current liabilities Long Term liabilities Fund balance 9. Debtors Sundry debtors 10. Cash at bank and in hand Bank balances Cash balance 11. Liabilities Accruals |
2022 2021 Restricted Unrestricted Total Total £ £ £ £ - - - - - 30,419 30,419 30,758 - (750) (750) (1,700) - - - - |
2022 2021 Restricted Unrestricted Total Total £ £ £ £ - - - - - 30,419 30,419 30,758 - (750) (750) (1,700) - - - - |
|---|---|---|
| - 29,669 |
29,669 29,058 |
|
| 2022 2021 £ £ 3,929 803 |
||
| 3,929 803 |
||
| 2022 2021 £ £ 26,490 29,955 - - |
||
| 26,490 29,955 |
||
| 2022 2021 £ £ 750 1,700 |
||
| 750 1,700 |
12. Restricted funds
No restricted funds were received during the year.
13. Related parties
There were no related party transactions during the year.
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Independent examiner's report on the accounts
| Section A Independent Examiner’s Report | Section A Independent Examiner’s Report |
|---|---|
| Report to the trustees/ members of On accounts for the year ended Set out on pages Responsibilities and basis of report Independent examiner's statement |
Restored Lives 31 December 2022 Charity no (if any) 1152381 1-8 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended31 / 12 / 2022. As the charity's trustees, 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 theTrust’saccounts carried 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. I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants (ACCA, UK). I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: |
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): |
30 August 2022 | |
|---|---|---|
| Habtamu Ewnie | ||
| Fellow members of the Association of Chartered Certified Accountants (FCCA, UK), MSc in Professional Accountancy,University of London. |
Oct 2018
IER
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Address: Flat 165 Lambourne House
Apple Yard London, SE20 8FX
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
IER
2