2020-12-31-accounts - Transformations Leeds

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Transformations Leeds

Charity number 1156239

Annual Report and Financial Statements

for the year ended 31 December 2020

Transformations Leeds

Annual Report and Financial Statements for the year ended 31 December 2020

Contents	Page
Trustees' report	2 to 4
Examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8 to 11

Prepared by West Yorkshire Community Accounting Service

Transformations Leeds

Trustees' report for the year ended 31 December 2020

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Linda Eaves Chair John Davy Resigned July 2021 Alan Angilley Treasurer Ruth Jacobs Resigned July 2020 Eva Pearson Appointed October 2020 1156239

Charity number

Registered in England and Wales

Registered and principal address

Blenheim Baptist Chruch Blackman Lane Leeds LS2 9ER

Bankers

The Co-operative Bank plc CAF Bank Ltd Customer Services 25 Kings Hill Avenue PO Box 250 Kings Hill Skelmersdale West Malling WN8 6WT Kent ME19 4JQ

Independent examiner

Stephen Procter West Yorkshire Community Accounting Service Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) formed on 18 March 2014.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed at trustee meetings.

Transformations Leeds

Trustees' report (continued) for the year ended 31 December 2020

Objectives and activities

The charity's objects

To advance the Christian faith for the benefit of the public, mainly but not exclusively, through activities involving international students, Christians, churches and other relevant organisations, in Leeds, the United Kingdom and overseas.

The charity's main activities

Sadly, it was not possible to hold some of our usual events in 2020, for example the normal Living Room , International Fresher's Week events and Explore International did not happen as from March there were too many Covid-19 restrictions. However, whilst this door closed, God opened a new door for us to deliver much of what we do online. This multiplied our outreach as we were able to give people around the world the opportunity to explore the Christian faith. We also adapted our leadership programme to be able to develop leaders online: those we knew as students in Leeds but are now in different countries around the world.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of religion and education.

Achievements and performance

Despite the challenges this year God has enabled us to develop godly leaders. Our Leeds based God’s Apprenticeship Programme was a great success with nine apprentices from six different countries. They made the following statements about the programme:

“It has been a life changing experience!”

“I enjoyed learning through the Bible readings, videos and podcasts”

“I’ve learnt how to analyse my own culture in the light of the Bible, this will help me in the future” “It is so refreshing to be told that our experiences are special rather than strange and to have our points of view count for giving a different perspective. It's helped me believe I do have influence, that God did indeed mean for His church to be multicultural and I might be able to do something to contribute to that vision."

We also started our first online God’s Apprenticeship Programme with people who are currently in 6 different countries joining us once a month for the teaching and growing through the homework that we set.

Covid-19 didn't stop us sharing the hope of Jesus with those who don't know him! We recorded 8 talks to enable us to run our first ever online Explore International groups. We had 5 amazing groups, reaching out to 32 seekers from 10 countries. The guests who came have really engaged well and some have opened their hearts to God!!

Jessie, who became a Christian on 2019’s Explore international , said that leading an online Explore group was “a special experience...It gave me a huge sense of achievement when my non-Christian friends want to learn more about Jesus. Praise God He gave me this chance!!”

Covid-19

In terms of our budget forecast, we have assumed that regular giving will be maintained at current levels, and it is possible that this may fall somewhat as the income of supporters is affected by the economic aftermath of the pandemic. However, we have had a very strong response to our annual fundraiser in March 2021, raising more than double what we normally do. Together with our current reserve levels, we are confident that there are no material uncertainties of concern. Furthermore, we are seeking to make alternative arrangements for office space, now that new work patterns have become established and this would produce significant savings in this expenditure category.

Transformations Leeds

Trustees' report (continued) for the year ended 31 December 2020

Financial review

The net income for the year was £3,081, including net income of £3,153 on unrestricted funds and net expenditure of £72 on restricted funds.

Reserves policy

The charity's free reserves at the year end were £36,481.

Our reserve policy is to have to approximately 3.5 months expenditure as reserves.

This would equate to approximately £22,000. Although the current reserves are above this level, given the uncertain economic outlook we are not taking immediate action to reduce them. The Trustees will however review the reserves in the coming year.

Signed on behalf of the board of trustees on 04/10/2021

Signed: Linda Eaves (Trustee)

Transformations Leeds

Independent examiner's report to the trustees of Transformations Leeds

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 December 2020, which are set out on pages 6 to 11.

Responsibilities and basis of report

As the charity trustees of the CIO 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 CIO's accounts as carried out under section 145 of the 2011 Act. 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.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
3 the accounts do 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.

Stephen Procter

05/10/2021

West Yorkshire Community Accounting Service

Stringer House 34 Lupton Street Leeds LS10 2QW

Transformations Leeds

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 December 2020

Notes 2020 Unrestricted funds £ Income from: Grants (2) 7,500 Regular giving 47,019 One-off giving 5,320 Sponsored and fundraising events 2,318 International students courses and events 1,984 Training courses - Explore International activities income - Other income 389 Total income 64,530 Expenditure on: Salaries, NIC and pensions (3) 43,965 Payroll charges 504 Freelance staff 313 Visa sponsorship 23 Staff travel and subsistence 36 Training and conferences (inc Int'l Students) 1,117 Meeting volunteers 5 Team meetings 370 Rent and service charges 3,878 Equipment and IT 1,231 Website and media 1,176 Printing, postage and stationery 190 Telephones 327 Fundraising events and costs 857 Accountancy 913 Affiliate fees 125 Mentoring 950 Insurance 621 Independent examination 450 Bank charges 60 Recipients Living Room 74 God's Apprenticeship Programme 324 Training events (inc training volunteers) 375 Resources and books 128 Explore International activities 3,365 Total expenditure 61,377 Net income / (expenditure) 3,153 Fund balances brought forward 33,328 Fund balances carried forward (4) 36,481	2020 Restricted funds £ 5,184 - - - - - - - 5,184 5,184 - - - - - - - - - - - - - - - - - - - - - - - 72 5,256 (72) 72 -	2020 Total funds £ 12,684 47,019 5,320 2,318 1,984 - - 389 69,714 49,149 504 313 23 36 1,117 5 370 3,878 1,231 1,176 190 327 857 913 125 950 621 450 60 74 324 375 128 3,437 66,633 3,081 33,400 36,481	2019 Total funds £ 10,600 47,649 4,289 4,233 1,475 221 1,601 9 70,077 37,921 436 - 557 1,810 1,219 53 366 5,763 215 2,065 643 173 981 1,222 120 1,435 499 450 78 1,969 193 1,205 11 1,656 61,040 9,037 24,363 33,400

All incoming resources and resources expended derive from continuing activities.

Transformations Leeds

Balance sheet

as at 31 December 2020 2020 Unrestricted £ Current assets Debtors (5) 2,760 Cash at bank and in hand (6) 34,901 Total current assets 37,661 Current liabilities: amounts falling due within one year Accruals (7) 1,180 Total current liabilities 1,180 Net current assets / (liabilities) 36,481 Total assets less current liabilities 36,481 Net assets 36,481 Funds Unrestricted funds 36,481 Restricted funds - Total funds 36,481	2020 Restricted £ - - - - - - - - - - -	2020 Total £ 2,760 34,901 37,661 1,180 1,180 36,481 36,481 36,481 36,481 - 36,481	2019 Total £ 7,207 30,019 37,226 3,826 3,826 33,400 33,400 33,400 33,328 72 33,400

The financial statements were approved by the board of trustees on 04/10/2021

Linda Eaves (Trustee)

Transformations Leeds

Notes to the accounts

for the year ended 31 December 2020

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

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

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Transformations Leeds

Notes to the accounts continued

for the year ended 31 December 2020

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2|Grants|2020|2020|2020|2019| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |£|£|£|£| |Tabeel Trust|3,000|-|3,000|3,000| |-|-|-| |Wade's Charity|1,600| |-| |The Howard Foundation (1)|4,500|4,500|6,000| |-|-| |The Howard Foundation (2)|5,184|5,184| |7,500|5,184|12,684|10,600| |3|Staff costs and numbers|2020|2019| |£|£| |Gross salaries|45,504|38,687| |Social security costs|2,851|(1,081)| |Employment allowance|(2,851)|(2,299)| |Pensions|3,645|2,614| |49,149|37,921|

----- End of picture text -----

The average number employees during the year was 3.4, being an average of 1.9 full time equivalent (2019: 2.3, 1.2 FTE). There were no employees with emoluments above £60,000.

----- Start of picture text -----
|||| |---|---|---| |Defined contribution pension scheme|2020|2019| |£|£| |Costs of the scheme to the charity for the year|3,645|2,614| |-|-| |Amount of any contributions outstanding at the year end| |-|-| |Amount of any contributions prepaid at the year end|

----- End of picture text -----

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |4|Restricted funds|Balance b/f|Incoming|Outgoing|Balance c/f| |£|£|£|£| |Explore International|72|-|72|-| |The Howard Foundation|-|5,184|5,184|-| |72|5,184|5,256|-|

----- End of picture text -----

Fund name

Purpose of restriction

Explore International The Howard Foundation

For running the 'Explore International' group. Towards salary costs for the development of 'Explore International'.

5 Debtors

Debtors

----- Start of picture text -----
||| |---|---| |2020|2019| |£|£| |2,760|7,207| |2,760|7,207|

----- End of picture text -----

Transformations Leeds

Notes to the accounts continued

for the year ended 31 December 2020

6 Cash at bank and in hand Co-operative Bank CAF Bank Petty Cash 7 Accruals Accruals	2020 £ 749 34,076 76 34,901 2020 £ 1,180 1,180	2019 £ 2,805 27,138 76 30,019 2019 £ 3,826 3,826

8 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The key management personnel of the charity include the trustees and the Director. The total employee benefits received by the Director were £21,272 (previous year: £21,600).

No trustee received any remuneration or benefit in this capacity during this or the previous year.

Transformations Leeds

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 December 2020

2020 2019 Unrestricted Unrestricted funds funds £ £ Income Grants 7,500 9,000 Regular giving 47,019 47,649 One-off giving 5,320 4,289 Sponsored and fundraising events 2,318 4,233 International students courses 1,984 1,475 Training courses - 221 Explore International activities - - Other income 389 9 Total income 64,530 66,876 Expenditure Salaries, NIC and pensions 43,965 37,921 Payroll charges 504 436 Freelance staff 313 - Visa sponsorship 23 557 Staff travel and subsistence 36 1,810 Training and conference (inc IS) 1,117 1,219 Meeting volunteers 5 53 Team meetings 370 366 Rent and service charges 3,878 5,763 Equipment and IT 1,231 215 Website and media 1,176 2,065 Printing, postage and stationery 190 643 Telephones 327 173 Fundraising events and costs 857 981 Accountancy 913 1,222 Affiliate fees 125 120 Mentoring 950 1,435 Insurance 621 499 Independent examination 450 450 Bank charges 60 78 Recipients Living Room 74 369 God's Apprenticeship Programme 324 193 Training events (inc volunteers) 375 1,205 Resources and books 128 11 Explore International activities 3,365 127 Total expenditure 61,377 57,911 Net income / (expenditure) 3,153 8,965 Fund balances brought forward 33,328 24,363 Fund balances carried forward 36,481 33,328	2020 Restricted funds £ 5,184 - - - - - - - 5,184 5,184 - - - - - - - - - - - - - - - - - - - - - - - 72 5,256 (72) 72 -	2019 Restricted funds £ 1,600 - - - - - 1,601 - 3,201 - - - - - - - - - - - - - - - - - - - - 1,600 - - - 1,529 3,129 72 - 72	2020 Total funds £ 12,684 47,019 5,320 2,318 1,984 - - 389 69,714 49,149 504 313 23 36 1,117 5 370 3,878 1,231 1,176 190 327 857 913 125 950 621 450 60 74 324 375 128 3,437 66,633 3,081 33,400 36,481	2019 Total funds £ 10,600 47,649 4,289 4,233 1,475 221 1,601 9 70,077 37,921 436 - 557 1,810 1,219 53 366 5,763 215 2,065 643 173 981 1,222 120 1,435 499 450 78 1,969 193 1,205 11 1,656 61,040 9,037 24,363 33,400