Transformations Leeds
Charity number 1156239
Annual Report and Financial Statements
for the year ended 31 December 2022
Transformations Leeds
Annual Report and Financial Statements for the year ended 31 December 2022
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 to 10 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Transformations Leeds
Trustees' report for the year ended 31 December 2022
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 Resigned May 2023 Alan Angilley Feng Lyu Alan Duboisee de Ricquebourg Elizabeth Taylor Appointed 25 July 2022 Oritseweyinmi Orighoye Appointed 25 July 2022 1156239
Charity number
Registered in England and Wales
Registered and principal address
Blenheim Baptist Church 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 Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 18 March 2014 and is governed by a constitution as amended 28 July 2022.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the trustees at a duly convened meeting.
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Transformations Leeds
Trustees' report (continued) for the year ended 31 December 2022
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
In 2022 we continued to return to doing many of the in-person events that we had done previously. We worked with our partners to welcome international students to Leeds, help them make friends through The Living Room and give them space to find out about the Christian faith through Explore International.
We also continued to develop our online activities, including growing our global God's Apprenticeship.
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
Our work has developed in the last year.
We have been able to develop a very strong community through the Living Room, in part achieved by encouraging the international students to participate more in the organising of these social events.
Our Explore International course, where we explain the basics of the Christian faith, was attended by students from more countries than ever before, 22 nationalities were represented in total!
Our Transforming your World conference was a success as we ran it in hybrid form for the first time, benefitting international students in Leeds and those who’ve returned home in the last few years.
Our God’s Apprenticeship programme has helped to develop godly leaders around the world.
Our intern programme developed so we were able to have 3 interns for the first time, each from a different continent.
Financial review
The net expenditure for the year was £6,061, including net expenditure of £7,170 on unrestricted funds and net income of £1,109 on restricted funds.
Reserves policy
The charity's free reserves at the year end were £31,029.
We have adopted a two limit policy based on time. The lower limit, which would be a level below which the trustees would have concerns for the charity’s future, is 3 months’ running costs. The upper limit, an amount above which the trustees could not justify holding rather than spending, would be 6 months’ running costs
Approved by the board of trustees on 4 September 2023
Alan Angilley (Trustee)
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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 2022, which are set out on pages 5 to 10.
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
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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
13 September 2023
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Transformations Leeds
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 December 2022
| Notes 2022 Unrestricted funds £ Income from: Grants (2) - Regular giving 45,460 One-off giving 9,435 Sponsored and fundraising events 13,411 International students courses and events - Training courses 628 Sundry income 66 God's Apprenticeship Programme income 1,120 Total income 70,120 Expenditure on: Salaries, NIC and pensions (3) 66,151 Payroll charges 627 Visa sponsorship 47 Staff travel and subsistence 1,365 Training and conferences (inc Int'l Students) - Meeting volunteers and students 166 Team meetings 681 Rent and service charges 1,155 Equipment and IT 247 Website and media 516 Printing, postage and stationery 285 Telephones 268 Fundraising events and costs 1,072 Accountancy 660 Affiliate fees 260 Mentoring - Insurance 713 Independent examination 450 Bank charges 81 Recipients - Living Room 944 God's Apprenticeship Programme 165 Training events (inc training volunteers) 954 Resources and books 56 Explore International activities 427 Total expenditure 77,290 Net income / (expenditure) (7,170) Fund balances brought forward 38,199 Fund balances carried forward (4) 31,029 |
2022 Restricted funds £ 6,250 - - - - - - - 6,250 1,741 - - - - - - 1,245 805 - - - - - - 700 - - - - 391 - - - 259 5,141 1,109 1,109 |
2022 Total funds £ 6,250 45,460 9,435 13,411 - 628 66 1,120 76,370 67,892 627 47 1,365 - 166 681 2,400 1,052 516 285 268 1,072 660 260 700 713 450 81 - 1,335 165 954 56 686 82,431 (6,061) 38,199 32,138 |
2021 Total funds £ 7,800 48,639 10,285 8,527 1,310 - - - 76,561 59,620 601 - 2,852 365 52 845 3,562 733 1,051 247 263 15 856 - 1,050 678 450 96 1,104 43 258 9 93 74,843 1,718 36,481 38,199 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Transformations Leeds
Balance sheet
| as at 31 December 2022 2022 Unrestricted £ Current assets Debtors and prepayments (5) 10,869 Cash at bank and in hand (6) 21,515 Total current assets 32,384 Current liabilities: amounts falling due within one year Creditors and accruals (7) 1,355 Total current liabilities 1,355 Net current assets / (liabilities) 31,029 Net assets 31,029 Funds Unrestricted funds 31,029 Restricted funds - Total funds 31,029 |
2022 Restricted £ - 1,109 1,109 - - 1,109 1,109 - 1,109 1,109 |
2022 Total £ 10,869 22,624 33,493 1,355 1,355 32,138 32,138 31,029 1,109 32,138 |
2021 Total £ 8,257 30,817 39,074 875 875 38,199 38,199 38,199 - 38,199 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 4 September 2023
Alan Angilley (Trustee)
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Transformations Leeds
Notes to the accounts
for the year ended 31 December 2022
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, if 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.
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Transformations Leeds
Notes to the accounts continued
for the year ended 31 December 2022
| 2 Grants Tabeel Trust Child's Charitable Trust The Howard Foundation Toye Foundation Wade's Charity Other grant 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions |
2022 Unrestricted funds £ - - - - - - - |
2022 Restricted funds £ - - 2,750 - 1,500 2,000 6,250 |
2022 Total funds £ - - 2,750 - 1,500 2,000 6,250 2022 £ 61,719 4,243 (4,243) 6,173 67,892 |
2021 Total funds £ 3,000 3,000 - 1,800 - - 7,800 2021 £ 55,312 3,312 (3,312) 4,308 59,620 |
|---|---|---|---|---|
The average number of employees during the year was 4, being an average of 2.4 full time equivalent (2021: 4, 2.2 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme Costs of the scheme to the charity for the year 4 Restricted funds Balance b/f £ The Howard Foundation - Wade's Charity - Other grant - - |
Incoming £ 2,750 1,500 2,000 6,250 |
Outgoing £ 2,750 391 2,000 5,141 |
2022 £ 6,173 Transfers £ - - - - |
2021 £ 4,308 Balance c/f £ - 1,109 - 1,109 |
|---|---|---|---|---|
Fund name
The Howard Foundation Wade's Charity Other grant
Purpose of restriction
For equipment and some central running costs. Towards the costs of the 'Living Room' project. Towards the costs of the 'Explore International' project.
5 Debtors and prepayments
Accrued income
| 2022 £ 10,869 10,869 |
2021 £ 8,257 8,257 |
|---|---|
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Transformations Leeds
Notes to the accounts continued
for the year ended 31 December 2022
| 6 Cash at bank and in hand Cash at bank Cash in hand 7 Creditors and accruals Accruals |
2022 £ 22,544 80 22,624 2022 £ 1,355 1,355 |
2021 £ 30,741 76 30,817 2021 £ 875 875 |
|---|---|---|
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 total employee benefits received by key management personnel were £23,974 (previous year: £23,810).
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Transformations Leeds
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 December 2022
| 2022 2021 Unrestricted Unrestricted funds funds £ £ Income Grants - - Regular giving 45,460 48,639 One-off giving 9,435 10,285 Sponsored and fundraising events 13,411 8,527 International students events - 1,310 Training courses 628 - Sundry income 66 - God's Apprenticeship Programme 1,120 - Total income 70,120 68,761 Expenditure Salaries, NIC and pensions 66,151 52,210 Payroll charges 627 601 Visa sponsorship 47 - Staff travel and subsistence 1,365 2,852 Training and conferences - 365 Meeting volunteers and students 166 52 Team meetings 681 845 Rent and service charges 1,155 3,562 Equipment and IT 247 733 Website and media 516 661 Printing, postage and stationery 285 247 Telephones 268 263 Fundraising events and costs 1,072 15 Accountancy 660 856 Affiliate fees 260 - Mentoring - 1,050 Insurance 713 678 Independent examination 450 450 Bank charges 81 96 Recipients Living Room 944 1,104 God's Apprenticeship Programme 165 43 Training events 954 258 Resources and books 56 9 Explore International activities 427 93 Total expenditure 77,290 67,043 Fund balances brought forward 38,199 36,481 Fund balances carried forward 31,029 38,199 |
2022 Restricted funds £ 6,250 - - - - - - - 6,250 1,741 - - - - - - 1,245 805 - - - - - - 700 - - - 391 - - - 259 5,141 - 1,109 |
2021 Restricted funds £ 7,800 - - - - - - - 7,800 7,410 - - - - - - - - 390 - - - - - - - - - - - - - - 7,800 - - |
2022 Total funds £ 6,250 45,460 9,435 13,411 - 628 66 1,120 76,370 67,892 627 47 1,365 - 166 681 2,400 1,052 516 285 268 1,072 660 260 700 713 450 81 1,335 165 954 56 686 82,431 38,199 32,138 |
2021 Total funds £ 7,800 48,639 10,285 8,527 1,310 - - - 76,561 59,620 601 - 2,852 365 52 845 3,562 733 1,051 247 263 15 856 - 1,050 678 450 96 1,104 43 258 9 93 74,843 36,481 38,199 |
|---|---|---|---|---|
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