## 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**
1
## 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.
2
## 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.
3
## 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)
4
## 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
5
## 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.
6
## 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)
7
## 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.
8
## 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 -----**
9
## 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.
10
## 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|
|---|---|---|---|---|
11