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2022-03-31-accounts

SORP reference
Summary ofthe purposes of Para 1.17 THE TRUSTEES MUST APPLY THE INCOME OFTHE
the charity as set out in its CHARITY IN FURTHERING THE FOLLOVNNG OBJECTS
governing document FOR THE BENEFIT OF THE INHABITANTS OF THE EAST
MIDLANDS OR OTHER PARTS OF ENGLAND AND WALES
AS THE TRUSTEES SHALL FROM TIME-TO-TIME
DETERMINE:
(I) THE RELIEFOF POVERTY AND UNEMPLOYMENT
FOR THE BENEFIT OF THE PUBLIC BYTHE PROVISION
OF DEBTADVICE SERVICES, INFORMATION
AND
ASSISTANCE IN RElATION To DEBTAND PERSONAL
FINANCIAL MANAGEMENT,
AND, (2)THE ADVANCEMENT
OF EDUCATION
IN MONEY MATTERS AND DEBT
MANAGEMENT.
Summary
activities
ofthe main
in relation to those
Para 1.17and
1.19
RELEASE ISA VULNERABLE PEOPLE EMPOWERMENT
ORGANISATION,
SPECIALISING
IN PERSONAL FINANCE
purposes for the public
benefit,
in particular,
the
(ASWELL AS HOME OF BUDGET BUDDIES).
PROVIDING REGULATED DEBTADVICE AND MONEY
EDUCATION
(FINANCIAL CAPABIUTY) TRAINING,
activities, projects or services GUIDANCE AND INFORMATION
TO EDUCATE AND
identified in the accounts. FOUIP PEOPLE WITH THE CRUCIAL LIFESKILLOF
MANAGING
THEIR FINANCES AND MAKING INFORMED
CHOICES, INCLUDING
PRACTICAL HELP WITH
BUDGETING AND RELATED SUPPORT.
BUDGET BUDDIES ISA MENTORING SCHEME
SUPPORTING PEOPLE MANAGE THEIR FINANCES.
RELEASE ALSO OPERATES A PAID FOR BEFRIENDING
SERVICE,To SUPPORT SERVICEUSERSAS
APPROPRIATE TO THEM.
Statement
confirming
whether the trustees
have Para 1.18 THE TRUSTEES HAVE CONSIDERED/ENSURED
THAT
THE PUBLIC BENEFIT IS IN LINE WITH THE CHARITY
had regard tothe guidance COMMISSION GUIDANCE.
issued by the Charity
Commission
on
ublic
benefit
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The charity's
principal
Para 1AT
sources offunds ()nctuding
any fundraising)
Investment
policy and
Para 1.46
objectives including
any
social investment
policy
adopted
A description
ofthe principal
Para 1.45
risks facing the charity
Other

Description
ofcharity's
trusts:
Type of governing
document
Para '125 CONSTITUTION OF A CHARITIABLE INCORPORATED
ORGANISATION
WHOSE ONLY VOTING MEMBERS ARE
ITSCHARITY TRUSTEES.
How isthe charity
constituted?
Para 125 CHARTABLE INCORPORATED
ORGANISATION
(CIO)
Trustee selection methods Para 1.25 FROMPOINT
OOF CON
T
0
including
details ofany
constitutional
provisions e.g.
election to post or name of
Pof
E
FCHARITY TR STEES
(I) .....TRUSTEE ....APPPOINTEO ...FOR....THREE YEARS .......
(2)
IN SELECTING INDIVIDUALS FORAPPOINTMENT
AS CHARITY TRUSTEES, THE CHARITY TRUSTEES
any person or body entitled
to appoint one or more
MUST HAVE REGARD TO THE SKILLS,
KNOWLEDGE AND EXPERIENCE NEEDED FOR THE
EFFECTIVEADMINISTRATION
OF THE CIO.
trustees

Policies
adopted
and procedures
for the induction
and procedures
for the induction
and p
training oftrustees
The charity's organisational Para 1.51
structure and any wider
network with which the
charity works
Relationship with any related Para 1.51
parties
Other
Charit name RELEASE FINANCIAL CHARITY
Other name the charit uses RELEASE
Re istered charit number 1155290
Charity's principal address 39HIGH STREET
SOUTH NORMANTON
DERBYSHIRE
DESS2BP

mes ofthe charity truste es who manag e the charity
Trustee name Ofnce (ifany) Dates acted ifnot forwhole
year
Name ofperson
body) entitled to
a
oint trustee
(or
iran
IAN GLOVER CHAIR
FRANCIS O' BRIEN TRUSTEE
PAUL STEARS TRUSTEE
10
12
13
14
15
17
18
20

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Section A Receipts and payments
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Report tothe trusteesi Report tothe trusteesi Report tothe trusteesi
members of RELEASE FINANCIAL CHARITY
On accounts forthe year
ended
31 March 2022
Charity no
1155290
(ifany)
Setout on pages
I report tothe trustees
on my examination
ofthe accounts ofthe above
charity ("the Trust )for the year ended
Responsibilties
basis ofreport
snd As the charity's trustees, you sre responsible
forthe preparation
ofthe
accounts
in accordance
with the requirements
ofthe Charities Act 2011
("the Act").
I report
in respect of my examination
of the Trust*s accounts carried out
under section 145ofthe 2011Act and in carrying
out my examination,
I
have followed
all the applicable
Directions given by the Charity Commission
under section 145(5)(b)ofthe AcL
Independent
examiner's
statement
[The charity's gross income exceeded E250,000snd
I am qualified to
undertake
the examination
by being a qualiTied
member of(insert name
applicable
listed body]]. Delete (]ifnof applicable.
of
I have completed
my examination.
I confirm that no material
matters have
come to my attention
in connection
with the examination
(other than that
disclosed below *)which gives me cause to believe that in, any material
respect:
~
the scco
ng~
were not kept in aceorttance with-sation
130
ofthy4'haritie
ct; or
~
the recounts
did not
rd with the acqoef%
recoidli; or
'
~
the accounts
di
comply with the sp
le requirements
concerning
form and content of
unts set out in the
srities
(Accou
and Reports) Regula '
s2008other than
requirement
that
accounts give a 'tru
nd fair' view which
i
ots matter
idered as part cfan
dependerit
examinatto
.
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
ofthe accounts to be reached.
*Please delete the words in the brackets ifthey do not apply.
Signed: Date:
2f .m
Name: PETER ERNEST HALLAM
Relevant professional
qualification(s) or body
(ifany):
Address: 34~ High Street