Charity registration number: 1156704
**RECONNECTED TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 6 APRIL 2025**
Bridgepoint Accountants Limited
**Reconnected Contents**
||**Page**|
|---|---|
|Trustees' Report|1—2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6—10|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|11|
**Reconnected Trustees' Report For The Year Ended 6 April 2025**
The trustees present their report and the financial statements for the year ended 6 April 2025.
## **Objectives and Activities**
## **Aims and Objectives**
Our charity aims to tackle homelessness & neighbourhood disadvantage. Dedicated to the development of sustainable and vibrant communities through empowerment and holistic support package.
## **Reference and Administrative Details**
## **Trustees**
Mr Frederick Duncan Ms Carina Ackrill Mr James Ackrill Mr Tim Andrews MBE
## **Charity Number**
1156704
## **Principal Address**
Reconnected City Hub, Emperor House 52-58 Lower Essex Street Birmingham B5 6SN
## **Independent Examiner**
Stephen Price Bridgepoint Accountants Limited 16 New Street Stourport on Severn Worcestershire DY13 8UW
Page 1
**Reconnected Trustees' Report (continued) For The Year Ended 6 April 2025**
The trustees' report was approved by the board of trustees and signed on its behalf by:
F.Duncan
Mr Frederick Duncan
Trustee 01/2026
30 Jan 2026
Page 2
## **Reconnected Independent Examiner's Report to the Trustees of Reconnected For The Year Ended 6 April 2025**
I report to the trustees on my examination of the accounts of Reconnected (the Trust) for the year ended 6 April 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
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 Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents 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 Price 30/01/2026 16 New Street Stourport on Severn Worcestershire DY13 8UW
Page 3
## **Reconnected Statement of Financial Activities For The Year Ended 6 April 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Charitable activities:
Charitable housing
Other trading activities
**3**
Investments
**4**
**EXPENDITURE ON:**
Charitable activities:
**6**
Charitable housing
**NET (EXPENDITURE)/INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**16**|**6 April 2025**
**Unrestricted**
**funds**
**£**
318,362
-
218|**6 April 2024**
**Unrestricted**
**funds**
**£**
317,546
74
574|
|---|---|---|
||318,580|318,194|
||(323,153)|(308,589)|
||(4,573)|9,605|
||(4,573)
84,589|9,605
74,984|
||80,016|84,589|
The notes on pages 6 to 10 form part of these financial statements.
Page 4
## **Reconnected Statement of Financial Position As At 6 April 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**10**
Investment Properties
**11**
**CURRENT ASSETS**
Debtors
**12**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**13**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**Creditors: Amounts Falling Due After More Than One Year**
**14**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**16**|**6 April 2025**
**Unrestricted**
**funds**
**£**
943
52,006|**6 April 2024**
**Total funds**
**£**
1,392
52,006|
|---|---|---|
||52,949
-
30,210|53,398
1,349
36,334|
||30,210
(3,143)|37,683
(1,492 )|
||27,067|36,191|
||80,016|89,589|
||-|(5,000 )|
||80,016|84,589|
||80,016|84,589|
||80,016|84,589|
## On behalf of the board
F.Duncan
Mr Frederick Duncan
Trustee 30/01/2026 30 Jan 2026
The notes on pages 6 to 10 form part of these financial statements.
Page 5
## **Reconnected Notes to the Financial Statements For The Year Ended 6 April 2025**
## 1. **General Information**
Reconnected is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1156704. The principal address is Reconnected City Hub, Emperor House, 52-58 Lower Essex Street, Birmingham, B5 6SN.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
## **Recognition of income**
These 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.
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
## **Income from interest, royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
## 2.3. **Resources Expended**
## **Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **Governance and support costs**
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 2.4. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 33% straight line basis Computer Equipment 33% straight line basis
## 2.5. **Investment Properties**
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the statement of financial activities.
## 2.6. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 6
## **Reconnected Notes to the Financial Statements (continued) For The Year Ended 6 April 2025**
|3.
**Income from Other Trading Activities**
Income from other trading activities
4.
**Investment Income**
Bank interest receivable
Other interest receivable
5.
**Net Income/(Expenditure)**
The net (expenditure)/income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
Gain/Loss on disposal of tangible fixed assets
6.
**Analysis of Expenditure**
Charitable housing
Charitable housing|**Activities**
**undertaken**
**directly**
**£**
320,442|**6 April 2025**
**Unrestricted**
**funds**
**£**
-|**6 April 2024**
**Unrestricted**
**funds**
**£**
74|
|---|---|---|---|
|||**6 April 2025**
**Unrestricted**
**funds**
**£**
218
-|**6 April 2024**
**Unrestricted**
**funds**
**£**
358
216|
|||218|574|
|||**6 April 2025**
**£**
756
253|**6 April 2024**
**£**
1,462
-|
|||**Support costs**
(see note 7 )
**£**
2,711|**6 April 2025**
**Total**
**£**
323,153|
||**Activities**
**undertaken**
**directly**
**£**
306,235|**Support costs**
(see note 7 )
**£**
2,354|**6 April 2024**
**Total**
**£**
308,589|
Page 7
## **Reconnected Notes to the Financial Statements (continued) For The Year Ended 6 April 2025**
7. **Support Costs**
|Employee costs
General administration
Depreciation
General administration
Depreciation
8.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Other pension costs|**6 April 2025**
**£**
71,822
501
72,323|**6 April 2025**
**Charitable**
**housing**
**£**
258
1,444
1,009|
|---|---|---|
|||2,711|
|||**6 April 2024**
**Charitable**
**housing**
**£**
892
1,462|
|||2,354|
|||**6 April 2024**
**£**
66,451
251|
|||66,702|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 9. **Average Number of Employees**
Average number of employees during the year was: 2 (2024: 2)
10. **Tangible Assets**
|**Cost**
As at 7 April 2024
Additions
Disposals
As at 6 April 2025
**Depreciation**
As at 7 April 2024
Provided during the period
Disposals
As at 6 April 2025|**Computer**
**Equipment**
**£**
6,378
560
(4,670 )|
|---|---|
||2,268|
||4,986
755
(4,416 )|
||1,325|
...CONTINUED
Page 8
## **Reconnected Notes to the Financial Statements (continued) For The Year Ended 6 April 2025**
|**Net Book Value**
As at 6 April 2025
As at 7 April 2024
11.
**Investment Property**
**Fair Value**
As at 7 April 2024 and 6 April 2025
12.
**Debtors**
**Due within one year**
Other debtors
13.
**Creditors: Amounts Falling Due Within One Year**
Other creditors
Taxation and social security
Accruals and deferred income
14.
**Creditors: Amounts Falling Due After More Than One Year**
Other creditors|**6 April 2025**
**£**
-
**6 April 2025**
**£**
45
212
2,886
3,143
**6 April 2025**
**£**
-|943|
|---|---|---|
|||1,392|
|||**6 April 2025**
**£**
52,006|
|||**6 April 2024**
**£**
1,349|
|||**6 April 2024**
**£**
46
-
1,446|
|||1,492|
|||**6 April 2024**
**£**
5,000|
## 15. **Pension Commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £501 (2024: £251).
At the statement of financial position date contributions of £46 (2024: £46) were due to the fund and are included in creditors.
|16.
**Movement in Funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 7 April**
**2024**
**£**
84,589|**Income**
**£**
318,580|**Expenditure**
**£**
(323,153)|**As at 6 April**
**2025**
**£**
80,016|
|---|---|---|---|---|
||84,589|318,580|(323,153)|80,016|
Page 9
## **Reconnected Notes to the Financial Statements (continued) For The Year Ended 6 April 2025**
|**As at 7 March**
**2023**
**Income**
**Expenditure**
**As at 6 April**
**2024**
**£**
**£**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
74,984
318,194
(308,589)
84,589
**Total funds**
74,984
318,194
(308,589)
84,589
7.
**Transactions with Trustees**
he following trustees have been paid remuneration or have received other benefits from the charity or related entity:
**Name of trustee**
**Legal authority**
**Remuneration**
**6**
**April**
**2025**
**Total**
**£**
**£**
Mr Frederick Duncan
Other legal
authority
41,280
41,280
uring the previous year the following trustees have been paid remuneration or have received other benefits from the charity or a related entity:
**Name of trustee**
**Legal authority**
**Remuneration**
**6**
**April**
**2024**
**Total**
**£**
**£**
Mr Frederick Duncan
Other legal
authority
42,924
42,924|**As at 7 March**
**2023**
**£**
74,984|**Income**
**£**
318,194|**Expenditure**
**£**
(308,589)|**As at 6 April**
**2024**
**£**
84,589|
|---|---|---|---|---|
||74,984|318,194|(308,589)|84,589|
||||**Remuneration**
**£**
41,280|**6**
**April**
**2025**
**Total**
**£**
41,280|
## 17. **Transactions with Trustees**
The following trustees have been paid remuneration or have received other benefits from the charity or related entity:
During the previous year the following trustees have been paid remuneration or have received other benefits from the charity or a related entity:
Frederick Duncan remuneration consists of consultancy fees for management assistance.
No trustee expenses have been incurred.
## 18. **Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure, except for transactions with trustees as recorded in note 18.
Page 10
## **Reconnected Detailed Statement of Financial Activities For The Year Ended 6 April 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Charitable Activities:**
**Charitable housing**
Income from charitable activities
**Other trading activities**
Income from other trading activities
**Investments**
Bank interest receivable
Other interest receivable type A
**EXPENDITURE ON:**
**Charitable Activities:**
**Charitable housing**
Rent collection, property repairs and maintenance charges
Trustees' fees
Wages and salaries
Employers pensions - defined contribution schemes
Premises costs
Computer software, IT consumables and maintenance
Insurance
Data and telecommunications costs
Consumable items
Staff entertaining
Accountancy fees
Depreciation
Loss on disposal of tangible fixed assets
**NET (EXPENDITURE)/INCOME**|**6 April 2025**
**Total**
**funds**
**£**
318,362|**6 April 2024**
**Total**
**funds**
**£**
317,546|
|---|---|---|
||318,362
-|317,546
74|
||-
218
-|74
358
216|
||218|574|
||318,580
(40,299)
(41,280)
(30,542)
(501)
(191,933)
(322)
(7,478)
(1,440)
(6,647)
(258)
(1,444)
(756)
(253)|318,194
(44,628)
(42,924)
(23,527)
(251)
(188,415)
(284)
(4,335)
(1,446)
(425)
-
(892)
(1,462)
-|
||(323,153)|(308,589)|
||(323,153)|(308,589)|
||(4,573)|9,605|
Page 11
## **Issuer**
## Bridgepoint
**Document generated** Fri, 30th Jan 2026 14:39:46 GMT **Document fingerprint** 6ab4e253634b2191601ce05620a1234a
## **Parties involved with this document**
## **Document processed**
## **Party + Fingerprint**
Fri, 30th Jan 2026 14:52:31 GMT Fri, 30th Jan 2026 14:52:31 GMT
Mr Frederick Duncan - Signer (bdb168db4dbf2976dbf4a0d9281aeb12) Stephen Price - Copied In (d2dea6ae773d0d68ccbb7ac967281ae3)
## **Audit history log**
## **Date**
## **Action**
Fri, 30th Jan 2026 14:39:46 GMT Envelope generated with fingerprint 50c79bdc7a49d6da18bb2acd3e40a902 (18.133.63.166) Fri, 30th Jan 2026 14:39:46 GMT Document generated with fingerprint 6ab4e253634b2191601ce05620a1234a. (18.133.63.166) Fri, 30th Jan 2026 14:39:46 GMT Mr Frederick Duncan has been assigned to this envelope. (18.133.63.166) Fri, 30th Jan 2026 14:39:46 GMT Stephen Price has been assigned to this envelope. (18.133.63.166) Fri, 30th Jan 2026 14:39:54 GMT Envelope generated Fri, 30th Jan 2026 14:39:54 GMT Sent the envelope to Mr Frederick Duncan for signing Fri, 30th Jan 2026 14:39:55 GMT Document emailed to party email Fri, 30th Jan 2026 14:51:48 GMT Mr Frederick Duncan viewed the envelope (31.94.8.125) Fri, 30th Jan 2026 14:52:31 GMT Mr Frederick Duncan signed the envelope (31.94.8.125) Fri, 30th Jan 2026 14:52:31 GMT Sent the envelope to Stephen Price for signing (31.94.8.125) Fri, 30th Jan 2026 14:52:31 GMT This envelope has been signed by all parties (31.94.8.125) Fri, 30th Jan 2026 14:52:31 GMT Signed document confirmation emailed to party email (31.94.8.125) Fri, 30th Jan 2026 14:52:31 GMT Signed document confirmation emailed to party email (31.94.8.125) Fri, 30th Jan 2026 14:52:31 GMT Signed document confirmation emails have been sent to all parties. Document URL:
Fri, 30th Jan 2026 14:53:50 GMT
https://api.signable.app/shareable/envelope?t=08e54c1d-25d9-48b4-913d12a7a7a3c6eb (31.94.8.125) Document emailed to party email