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|Trustees'
Annual
Report|Trustees'
Annual
Report|
|---|---|
|Statement
ofTrustees'|Responsibilities|
|Auditors
Report||
|Statement
of Financial|Activities|
|Balance Sheet||
|Statement
ofCash Flows||
|Notes to the Financial|Statements|
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|Trustees||Steven Brown||||||
|---|---|---|---|---|---|---|---|
|||Jennifer Clare Ellison
Derek Fredricks||||(Resigned|1"November 2023)|
|||Robert Head||||||
|||John Richmond|(Treasurer)|||||
|||Neil Smith||||||
|||Sarah Walsh||||||
|||Amanda
Webster||(Vice Chair)||||
|||Thomas Woodcock|||(Chair)|||
|Secretary||Michael Wearden||||(Appointed|23'4 June 2023)|
|Managing|Director|Michael Wearden||||||
|Auditors||Louise Casey ACA||||||
|||BWM Chartered||Accountants||||
|||Tempest,
Suite 5.1, 12Tithebarn||||Street||
|||Liverpool
L2 2DT||||||
|Accountants||Liverpool
Charity||and Voluntary||Services (LCVS)||
|||151 Dale Street,||||||
|||Liverpool,||||||
|||L2 2AH||||||
|Bankers||The Co-Operative
P0 Box250,|||PLC|||
|||Skelmersd ale,||||||
|||Lancashire
WN8||6WT||||
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||||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|||||2023|2023|2023|2022|
|Income and endowments||||||||
|from:||||||||
|Donations
and legacies|||3a|4,687||4,687|1,720|
|Charitable
activities|||3b|2,193,551|361,888|2,555,439|'l,070,687|
|Other trading
activities|||3c|3,887||3,887|2,036|
|Total income||||2„202,125|361,888|2,564,013|1,074,443|
|Expenditure
on:||||||||
|Raising funds||||119||119|64|
|Charitable
activities||||1,832,692|348,872|2,181,564|1,041,426|
|Total expenditure||||1,832,811|348,872|2,181,683|1„041„490|
|Net income,
Net Movement
funds||in||369,314|13,016|382,330|32,953|
|Total funds brought|forward||'l2,13|690,941|33,172|724,113|691,160|
|Total funds carried|forward||11-13|1„060,255|46,188|1,106,443|724,113|
|RED ROSE RECOVERY|RED ROSE RECOVERY|RED ROSE RECOVERY|LANCASHIRE|LANCASHIRE||Company|Number|08302102|
|---|---|---|---|---|---|---|---|---|
|BALANCE SHEET||AS AT 3 IsT MARCH||2023|||||
||||Notes|31"March|2023|31"INarch||2022|
|Fixed assets|||||||F|F|
|Tangible fixed assets|||||78,375|||2,454|
|Current assets|||||||||
|Debtors||||254,160||95,04'I|||
|Debtors due more
year|than one|||13,500|||||
|Cash at bank and|in hand|||1,075,717||760,805|||
|||||1,343,377||855,846|||
|Current
liabilities|||||||||
|Creditors: amounts
due within one year||falling||(315,309)||(134,187)|||
|Net current assets|||||1,028,068|||721,659|
|Total assets less
liabilities|current||||1,106„443|||724,113|
|Funds:|||||||||
|Unrestricted
funds|||11,12||1,060,255|||690,941|
|Restricted funds|||11,13||46,|188||33,172|
||||||1,106,443|||724„113|
##
|||Notes|31"March|2023|31"March|2022|
|---|---|---|---|---|---|---|
|Cash flows from operating
activities|||E||F||
|Cash generated
from operations||17||395,818||60,685|
|Investing
activities|||||||
|Purchase
oftangible
fixed assets|||(80,906)||(2,562)||
|Net cash (used) in investing
activities||||(80,906)||(2,562)|
|Net cash generated
from|||||||
|financing
activities|||||||
|Net increase
in cash and
equivalents|cash|||314,912||58,123|
|Cash and cash equivalents
beginning
ofyear|at|||760,805||702,682|
|Cash and cash equivalents
ofyear|at, end|||1,075,717||760„805|
|Represented
by:|||||||
||||31"March|2023|31"March|2022|
|||||E||F|
|Cash at bank and in hand||||1„075,717||760,805|
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|3. Income and endowmen|ts||||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total||Total|
|||||Funds|Funds|Funds|Funds||
|||||2023|2023|2023||2022|
|a. Donations
and Legacies||||F|f||||
|Donations||||1,787||1,787||1,720|
|General
grants||||2,900||2,900|||
|||||4,687||4,687||1,720|
|Income from donations
and||legacies for 2022 related|||wholly to unrestricted
funds.||||
|||||Unrestricted|Restricted|Total||Total|
|||||Funds|Funds|Funds|Funds||
|||||2023|2023|2023||2022|
|b. Charitable
activities||||||||E|
|Armed Forces Covenant
Fund|Trust||||9,500|9,500|||
|Contract income||||2,145,641||2,145,641|802,529||
|ESFCommunity
Grant|||||||10,816||
|Healthier
Lancashire
and
Cumbria|South||||||56,000||
|H M Prison Probation||||||||8,250|
|Lancashire
County
Council|||||251,888|25'I,888|||
|Lancashire
County Council—|||||500|500|||
|Warm space|||||||||
|National
Lottery Community|||||||||
|Fund (Leaders with
lived|||||||24,064||
|experience)|||||||||
|National
Lottery Community
Fund - Reaching
Communities
Training
and consultancy||||47,910|100,000|47,910
100,000|12,917
156,111||
|||||2,193,551|361,888|2,555„439|1,070,687||
|Income
from
charitable
activities|||in|2022 comprised|f815,446 for|unrestricted|funds|and|
|6255,241 related to restricted||funds.|||||||
|6255,241 related|to restricted
fu|nds.||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||2023|2023|2023|2022|
|c.Other trading|activities|||||
|Fundraising||2,137||2,137|2,036|
|Sponsorship||'I,750||1,750||
|||3„887||3,887|2,036|
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|||||Direct|Support
&|||
|---|---|---|---|---|---|---|---|
|||||Charitable|Governance|Total|Total|
|||||Expenditure|Costs|2023|2022|
|||||F|||E|
|To provide|advice,|information,||||||
|training,
and support
and those
in recovery|||to offenders
from|1,517,989|663,575|2,181,564|1,041,426|
|addiction
and their||families||||||
|a.Analysed
as|follows:|||||||
|||||2023|2022|||
|Direct charitable
expenditure:||||||||
|Staff salaries costs||||1,310,522|497,023|||
|Pension||||38,611|11,273|||
|Redundancy|||||1,667|||
|Project and|events|expenses||145,453|139,353|||
|Consultancy|and HR||fees|18,163|14,426|||
|Volunteer expenses||||4,462|3,261|||
|Equipment||||750||||
|Books||||28|182|||
|||||1,517,989|667,185|||
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|||||2023|2022|
|---|---|---|---|---|---|
|Support 8 Governance||costs:||f|F|
|Staff salaries costs||||305,757|181,440|
|Pension||||8,780|6,491|
|Travel and subsistence||||24,053|6,285|
|Health
plan||||5,575||
|Staff expenses||||93,276|22,815|
|Staff clothing||||7,658||
|Printing,
stationery,|and|postage||8,545|4,316|
|Utilities||||10,460||
|Telephones
and internet||||45,398|16,759|
|Computer
support|and software||costs|18,197|17,240|
|Rent||||23,225|12,814|
|Repairs and premises expenses||||33,627|255|
|Recruitment
expenses||||10,549|5,093|
|Insurance||||14,135|10,364|
|Subscriptions
and|membership||fees|16,384|5,403|
|Staff training
and development||||7,513|780|
|Equipment
hire||||1,223|506|
|Advertising
and marketing||||2,341|864|
|Professional
fees||||3,935|56,035|
|Sundry expenses||||3,370||
|Legal fees||||4,420|18,075|
|Pension charges|||||396|
|Bank charges|||||'I25|
|Companies
House||||13|13|
|Bad debts written|off|||1,306||
|Accountancy
fees||||2,500|1,350|
|Audit fees||||6,350|4,000|
|Depreciation||||4,985|2,822|
|||||663,575|374,241|
|Total expenditure
activities|on charitable|||2,181,564|1,041,426|
||f348,872 (2022:F256,807) of the|above expenditure
rela|tes to restri|
|---|---|---|---|
|b.|Staff Costs|2023|2022|
|||F|F|
||Gross salaries and wages|1,506,931|636,705|
||Social security costs|109,348|41,758|
||Pension costs|47,391|17,764|
||Redundancy||1,667|
|||1,663,670|697,894|
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|Particulars
ofemployees:|||||||||
|---|---|---|---|---|---|---|---|---|
|The average staff employed|in the|year was|86.2 (2022:|33.7) and|equivalent||on the basis of||
|full-time as follows:|||||||||
||||2023|2022|||||
|Charitable
activities|||76.3|30.2|||||
|One employee
received emoluments
of more than f70,000 during|||||the year.||||
|The Trustees,
being also the Directors ofthe charitable||||company,|are not remunerated|||for|
|their services and are not included||in the above number||of employees.|||||
|No out-of-pocket
expenses|were|reimbursed|to Trustees|in the year||(2022:|anil).||
|Tangible fixed assets|||||||||
||||Motor|Fixture &||Office||Total|
||Computer||Vehicle|Fittings||Equipment|||
|Cost||E|||||||
|At 1"April 2022||3,085|12,000|||||15,085|
|Additions|22,126||46,188|7,472||5,120||80,906|
|Balance at 31"March
2023|25,211||58,188|7,472||5,120||95,991|
|Accumulated|||||||||
|Depreciation
At 1"April 2022||631|12,000|||||12,631|
|Charge for the year||3,245||956|||784|4,985|
|Balance at31"March
2023||3,876|12,000|956|||784|17„616|
|Net book value at31"
March 2023|21,335||46,188|6,516||4,336||78,375|
|Net book value at 31"
Ilarch 2022||2,454||||||2,454|
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|6.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Trade debtors||||209, 'I 83|90,012|
||Prepayments||||7,741||
||Other debtors||||2,689|5,029|
||Accrued
income||||34,547||
||||||254,160|95,041|
|7.|Debtors due more than one|||year|||
||||||2023|2022|
||Other debtors||||13,500||
||Other debtors consists||of lease deposits of213,500.||||
|8.|Creditors: amounts||falling|due within one year|||
||||||2023|2022|
||Trade creditors||||22,820|600|
||Accruals||||66,047|48,947|
||Tax 8 Social Security|||||9,323|
||Pension|||||80|
||Deferred
Income|(note|8)||226,442|75,237|
||||||315,309|134,187|
|9.|Deferred income||||||
||||||2023|2022|
||||||F|E|
||Balance at 1"April 2022||||75,237|19,348|
||Amount
deferred|in the year|||226,442|75,237|
||Amount
released|to incoming||resources|(75,237)|(19,348)|
||Balance at31"INarch||2023||226,442|75,237|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||F||
|Carrying|amount|offinancial||assets:|||
|Debt instruments||measured|at|costs|1,343,376|855,846|
|Carrying|amount|offinancial||liabilities:|||
|Measured|at cost||||88,867|58,950|
##
|1.Analysis|of|Net Assets between|Net Assets between|Funds|||
|---|---|---|---|---|---|---|
|||2023||Tangible|Net current|Total|
|||||Fixed|assets||
|||||Assets|||
|Unrestricted||Funds|||||
|General
Fund||||31,740|994,770|1,026,510|
|Blackburn
futures|with|Darwin charging||447|33,298|33,745|
|||||32,187|1,028,068|1,060,255|
|Restricted|Funds||||||
|Lancashire|County||Council|46,188||46,188|
|||||46„188||46,188|
|Total Funds||||78,375|1,028,068|1,106,443|
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||||2022|||Tangible
fixed|Net current
Assets||Total||
|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|||Funds|||Assets|||f||
|General|Fund|||||1,895|683,440||685,335||
|Blackburn
futures||with|Darwin|charging||559|5,047||5,606||
|||||||2,454|688,487||690,941||
|Restricted
Funds|||||||||||
|Minds Matter-|||Mind||||10,280||10,280||
|National
(Leaders||Lottery Community
Fund
with
lived experience)|||||22,262||22,262||
|National
Reaching||Lottery Community
Communities|||Fund-||630||630||
||||||||33,172||33,172||
|Total Funds||||||2,454|721„659||724,113||
|12.Unrestricted|||Funds||||||||
||||||||Movement|in|the year||
|||||||Reserves|Income|Expenditure||Reserves|
||||2023|||at start of||||at year|
|||||||the year||||end|
||||||||||E|P|
|General||Fund||||685,335|1,721,185||(1,380,010)|1,026,510|
|Blackburn
with Darwin
futures||||charging||5,606|480,940||(452,801)|33,745|
|||||||690,941|2,202,125||(1,832,811)|1,060,255|
||||||||Movement|in|the year||
|||||||Reserves|Income|Expenditure||Reserves|
||||2022|||at start of||||at year|
|||||||the year||||end|
|||||||||||E|
|General||Fund||||634,697|594,898||(544,260)|685,335|
|Blackburn
with Darwin
futures||||charging|||'I24,304||(118,698)|5,606|
|Lancashire
County Council
Funds|||||BRIC|21,725|100,000||(121,725)||
|||||||656,422|819„202||(784,683)|690,941|
|||||||-26-|||||
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|13.Res|tricted
Funds|||||||
|---|---|---|---|---|---|---|---|
||||||Movement|in the year||
|||||Reserves|Income|Expenditure|Reserves|
||2023|||at start of|||at year|
|||||the year|||end|
|Armed Forces Covenant||Trust Fund|||9,500|(9,500)||
|Lancashire
County
Council|||||251,888|(205,700)|46, 'I 88|
|Lancashire
County
Council
space|||—Warm||500|(500)||
|Minds Matter-
Mind||||10,280||(10,280)||
|National
(Leaders|Lottery Community
Fund
with lived experience)|||22,262||(22,262)||
|National
Reaching|Lottery Community
Communities||Fund—|630|100,000|(100,630)||
|||||33,172|361,888|(348,872)|46,188|
||||||Movement|in the year||
|||||Reserves|Income|Expenditure|Reserves|
||2022|||at start of|||at year|
|||||the year|||end|
|||||F|||E|
|Bowland
Project|Charitable
Trust|—Omega||2,400||(2,400)||
|ESF Community
Grant|||||10,816|(10,816)||
|Healthier
Cumbria|Lancashire
and|South|||56,000|(56,000)||
|H M Prison Probation|||||8,250|(8,250)||
|Minds Matter-
Mind||||10,280|||10,280|
|National
(Leaders|Lottery Community
Fund
with lived experience)|||22,058|24,064|(23,860)|22,262|
|National
Reaching|Lottery Community
Communities||Fund—||156,111|(155,481)|630|
|||||34,738|255,241|(256,807)|33172|
##
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|This will result
in the following
financiai
com|mitments:||
|---|---|---|
||2023|2022|
|Land & Building||F|
|Operating
leases which expire:|||
|Due within
1 year|37,882|1,982|
|Due in 1 to 2 years|35,900|3,761|
|Due in 2 to 5 years|82,050||
|Due more than 5 years|65,625||
||221,457|5,743|
|Photocopier|||
|Operating
leases which expire:|||
|Due within
1 year|675|675|
|Due in 1 to 2 years
Due in 2 to 5 years|675
844|675
1,519|
||2,194|2,869|
||223,651|8,612|
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|||2023|2022|
|---|---|---|---|
|Surplus for the year||382,330|32,953|
|Non cash adjustments|for:|||
|Depreciation||4,985|2,822|
|Iiovements
in working|capital:|||
|(Increase)/Decrease
in|debtors|(172,619)|(77,603)|
|Increase/(Decrease)
in|creditors|181,122|102,513|
|Cash (used in)/generated
from operations||395,818|60,685|
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