2020-07-31-accounts - City Of Escape Foundation

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City Of Escape Foundation

Charity No. 1155253

Company No. 08604745

Trustees' Report and Unaudited Accounts

31 July 2020

City Of Escape Foundation Contents

	Pages
Trustees' Annual Report	2 to 5
Statement of Financial Activities		6
Summary Income and Expenditure Account		7
Balance Sheet		8
Notes to the Accounts	9 to	12
Detailed Statement of Financial Activities		14

Page 1

City Of Escape Foundation Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 July 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 08604745

Charity No. 1155253

Registered Office

100 Crowther Road London SE25 5QR

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

T. Dennis

N. Johnson

N. Kakembo

Accountants

EBD ASSOCIATES 5A MARKET STREET EAST HAM E6 2RH

OBJECTIVES AND ACTIVITIES

The Trustees are responsible for keeping proper accounting records that 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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

N. Johnson

Trustee 31 July 2020

Page 2

City Of Escape Foundation Trustees Annual Report

The main premise of the Foundation over the last year includes working with children, young people and their families across the community.

The Foundation seeks to in still both growth and development within the young person`s chosen career pathwhether this is academically or through sporting means. The Foundation offers its support through the means of Mentoring, Counselling and financial support.

The basis of or work is structured through our Christian faith however we are inclusive of other faith orgainsations and we centre ourselves on providing equal opportunities for all, across the community sector. Given the current global pandemic and socio –economic climate within our community this has only served to have a detrimental impact upon the lives of young people and their families. We have recognised that this has more importantly, caused an increase in their mental and emotional health. Now more so than ever, young people now require an even greater amount of support, given the challenges that they now face.

Community Outreach- Mental Health

The project was launched to meet the growing emotional and psychological need for young people within the community. The project is has now increasingly in demand following the pandemic.

We have identified a significant need in this area and so our focus of work has had to meet this growing need. Typically we have now adopted a tier system within this project 1.Counselling 2.Mentoring and 3.Coaching. We have found that this allows us to work specifically to the needs of the young person for intensified periods, so as to maximise the outcome. Our work has also identified that both Teaching Staff and parents will also need to be part of the overall process so as to maximise the potential of the young individual.

For those young people entering Further Educational establishment we are also able to provide the necessary coaching so as to facilitate their requirements on their desired course. This serves as an additional support and raises the self-esteem and confidence of the young individual in this new level of learning.

Community Outreach Work

We understand that there is a growing need not just amongst young people in relation to their emotional psychological and behavioural needs but also that of the more mature members of the community. We have identified that this work extends two fold. 1. The psychological support –current and past issues, given the pandemic and 2.the economic and financial hardships that they face.

This inadvertently affects not only them but also the young person/s with the immediate family.

We had devised the creation of the Food bank last year and this has seen a tremendous increase in demand from the community.

We are aware that the socio-economic condition`s has had a devastating impact on individuals. The Foundation has therefore had to diversify proposed projects so as to meet this demand. Given the current economic climate we estimate that this project will now form an important aspect of the work for the City of Escape.

In addition we are also able to offer both guidance and support to those adults who are educationally and physically impaired.

Youth Ministry

Page 3

City Of Escape Foundation Trustees Annual Report

The Foundation is aware that due to shortage of funding many long withstanding youth clubs and after

school organisations have been severely affected, resulting in young people having limited access to activities outside of the school and home environment.

We are aware that one of these means is through the creative arts medium whereby individuals are able to express themselves through the means of drama, music or acting

This project is still in its infinite stages due in part to the pandemic. The Foundation had incorporated the use of zoom links so that we could still engage the time of our young people and this has worked extremely well given the significant time they had available given the pandemic. Facilitating this only has allowed the individuals to undertake support and encouragement for one another and serves also as a forum for meaningful debates and discussions.

We are hopeful that the Youth Ministry will eventually be able to meet physically so as to further develop and enhance the group.

We understand that this may help somewhat towards the increasing membership of young people through

the gang culture and the significantly high rates of drug and alcohol abuse amongst young people within the community.

Gang and Knife Crime Project

The desire of the Foundation is to is to develop this area of work however due to the pandemic we were formally unable to undertake this project as it involves working closely with the individuals.

This area of work is of increased concern as a number of young people we have worked with have had some experience or knowledge of the increase gang/knife crime culture which have now extended further to County lines which has served in further exsasabating the problem.

The increase in knife crime amongst predominately young males the idea of this work is to work with groups of individuals at grass root level be susceptible to this form of behaviour. This will also extend to working with parents /careers/teachers outlining the importance of how this can impact both family and communities.

We have recognised that this burdening issue has many different facets and so we have sought to tackle this from a confidential perspective by seeking to understand what the underlying factors are within our young people attaining to this manner of behaviour. Our counselling and mentoring seek to present sustained and confidential advice and workshops through the Foundation together with other existing organisations with a view of steaming this epidemic within the community.

Family Ministry Counselling

The above has now become an area of concern due to the decline in the family structure. Often families are now under increasing pressure both financially and emotionally in trying to sustain the family unit.

This has impacted all members of the family structure, and this may result in fractured relationships, individual issues which in many cases can lead to individual `s suffering from a variety of mental health issues and the inability to cope with life.

The family Ministry Counselling acts as mediator in many cases to resolve many of the internal family issues rather than asserting blame. The immediate goal is to give the family the skills and tools to solve immediate and future issues therefore creating a sound family structure. This also enables the younger members of the family to become less confrontational and discover the importance of using their emotional intelligence.

Ministry Counselling

The Ministry Counselling is by far an area of prime importance to the City of Escape.

Page 4

City Of Escape Foundation

Trustees Annual Report

Currently one in five individuals, suffer from some form of mental health issue. This can range for example from anxiety, bereavement, Panic attacks, low mood and depression and trauma to name but a few. There is currently a stigma surrounding the issue of mental health and so many young people and adults are reluctant to talk about and resolve many of their presenting issues.

At the City of Escape, we are passionate in providing the safe space and confidentiality needed by many individuals to explore their issues. We are therefore able to offer weekly individual sessions based on a number of therapies, for example, cognitive behavioural therapy (CBT) which enables individuals to think about a situation and how this affects the way they act. In turn our actions can affect how we think and feel.

There is now a continuing and rising demand for this area of service due in part to the global pandemic coupled with the socio-economic decline communities now face.

We have now felt that it is necessary to expand and work in collaboration with similar organisations across the communities so as ultimately support young people and their families in the wider context.

Page 5

City Of Escape Foundation Statement of Financial Activities

for the year ended 31 July 2020

Unrestricted funds 2020 £ 106,866	Total funds 2020 £ 106,866	Total funds 2019 £ 81,330
106,866 119,617	106,866 119,617	81,330 111,629
119,617 -	119,617 -	111,629 -
(12,751) -	(12,751) -	(30,299) -
(12 751)	(12 751)	(30 299)
(12,751) 5,382	(12,751) 5,382	(30,299) 35,682
(7,369)	(7,369)	5,383

Page 6

City Of Escape Foundation Summary Income and Expenditure Account

for the year ended 31 July 2020

Income Gross income for the year Expenditure Total expenditure for the year Net expenditure before tax for the year Net expenditure for the year	2020 £ 106,866 106,866 119,617 119,617 (12,751) (12,751)		2019 £ -
			-
			-
			-
			-
			-

Page 7

City Of Escape Foundation Balance Sheet

at 31 July 2020

Company No. 08604745 Notes Fixed assets Tangible assets 6 Current assets Cash at bank and in hand Creditors:Amount falling due within one year 7 Net current (liabilities)/assets Total assets less current liabilities Net (liabilities)/assets excluding pension asset or liability Total net (liabilities)/assets The funds of the charity Restricted funds 8 Unrestricted funds General funds 8 Reserves 8 Total funds	2020 £ 4,247 4,247 5,159 5,159 (16,775) (11,616) (7,369) (7,369) (7,369) (7,369) (7,369) (7,369)		2019 £ 5,178
			5,178 12,480
			12,480 (12,275)
			205 5,383
			5,383
			5,383
			5,382
			5,382
			5,382

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 July 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 July 2020

And signed on its behalf by:

N. Johnson Trustee 31 July 2020

Page 8

City Of Escape Foundation Notes to the Accounts

for the year ended 31 July 2020

1 Accounting policies

Basis of preparation

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)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.

Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

City Of Escape Foundation Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 10

City Of Escape Foundation Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 11

City Of Escape Foundation Notes to the Accounts

3 Income from donations and legacies

4 Expenditure on charitable activities Expenditure on charitable activities Governance costs Accountancy Fee Bank Charges Depreciation 5 Staff costs No employee received emoluments in excess of £60,000. 6 Tangible fixed assets Cost or revaluation At 1 August 2019 Additions Transfers At 31 July 2020 Net book values At 31 July 2020 At 31 July 2019 7 Creditors: amounts falling due within one year Accruals and deferred income	Unrestricted £ 106,866 106,866 Unrestricted £ 113,498 4,500 688 931 119,617 £ 5,000 (2,739) (406) 1,855 1,855 5,000 2020 £ 16,775 16,775		Total 2020 £ 106,866 106,866 Total 2020 £ 113,498 4,500 688 931 119,617 £ 6,450 (3,533) (525) 2,392 2,392 6,450		Total 2019 £ 81,330 81,330 Total 2019 £ 105,794 4,500 199 1,136 111,629 £ 11,450 (6,272) (931) 4,247 4,247 11,450 2019 £ 12,275 12,275

Page 12

City Of Escape Foundation Notes to the Accounts

8 Movement in funds

8 Movement in funds
Restricted funds: Unrestricted funds: General funds Revaluation Reserves: Total funds 9 Analysis of net assets between funds Fixed assets Net current assets 10 Reconciliation of net debt Cash and cash equivalents Net debt	At 1 August 2019 5,382 5,382	Incoming resources (including other gains/losses ) £ 106,866 106,866	Resources expended £ (119,617) (119,617)	At 31 July 2020 £ (7,369)
				(7,369) Total £ 4,247 (11,616)
	At 1 August 2019 £ 12,480 12,480 12,480	Unrestricted funds £ 4,247 5,159 9,406	Restricted funds £ - (16,775) (16,775)
				(7,369) At 31 July 2020 £ 5,159
		Cash flows £ (7,321) (7,321) (7,321)	New HP/Finance leases £ - -
				5,159
				5,159

11 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 13

City Of Escape Foundation Detailed Statement of Financial Activities

for the year ended 31 July 2020

Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Charitable activities Governance costs Accountancy Fee Bank Charges Deprection Total of expenditure on charitable activities Total expenditure Net gains on investments Net expenditure Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	5,382 - (7,369) -	Unrestricted funds 2020 £ 106,866 106,866 106,866 113,498 113,498 4,500 688 931 6,119 119,617 119,617 - (12,751) (12,751) - (12,751) - -	Total funds 2020 £ 106,866 106,866 106,866 113,498 113,498 4,500 688 931 6,119 119,617 119,617 - (12,751) (12,751) - (12,751) 5,382 (7,369)	Total funds 2019 £ 81,330
				81,330
				81,330 105,794
				105,794
				4,500 199 1,136
				5,835
				111,629 111,629 -
				(30,299)
				(30,299) -
				(30,299)
				35,682
				5,383

Page 14