## **CEO Report – Zink – 2023/24**
It’s been an incredible and transformative year for Zink. As well as continuing to run High Peak Foodbank, employability programmes and advice, we have introduced more wellbeing activities, many started and led by Zink clients and volunteers and taken our first steps towards becoming a provider of decent housing.
When Zink moved into its own HQ in early 2021, we aimed to develop wellbeing activities on every day of the week. This was almost achieved by the end of March 2024. Some activities are popular and successful, some not as popular but still successful for the people who take part. A
few haven’t worked out as we expected but we have learnt from this and either changed or dropped the service. An example is the IT workshop ‘Discover Digital’ which was run one afternoon a week. Numbers attending were very low until we changed it to a morning session and provided support from a paid staff member. It’s now full to capacity almost every week.
“Had an amazing time coming to Zink and joining in with the activities. I always feel so much better afterwards; there’s never been a day that Zink hasn’t lifted my mood. Zink and everyone there keep me going – thank you! My life has improved since joining Zink.”
Around 250 people a week take part in wellbeing activities at Zink HQ.
In September 2023, Zink began delivering a pilot Neuro Hub on contract to Joined Up Care Derbyshire (NHS). This is for children and young people age under 25 and their families whether diagnosed or not. The service is far busier than anticipated and receiving outstanding feedback from those supported.
Numbers of people supported by Zink’s work coaches towards work far exceeded targets:
|**Outcome measure**|**Achieved Tar**|**Achieved Target Difference**|**et Difference**|
|---|---|---|---|
|Pre-employment
starts|221|180|+41|
|EmployabilityStarts|122|80|+42|
|Job|45|30|+15|
|Education/Training|28|17|+9|
“100% pleasant staff who go above and beyond for their clients and have turned my life around. I can’t thank them enough for what they have done for me.” – client supported into work after
## **THE ZINK PROJECT CIO Statement of Financial Activities For the year ended 31 March 2024**
many years of unemployment caused by poor mental health.
In March 2024, Zink provided work experience for a small group of its employability clients in Bad Nauheim, Germany. This was a pilot scheme to see what impact a challenge of this sort had on the employability, wellbeing and mental health of participants who were all long term unemployed. Whilst too small a sample to draw conclusions, we can say that the experience was life
changing. It increased confidence in all participants and enabled them to make positive decisions about their future that they had been putting off or were unable to make.
The foodbank provided around 31,000 meals to over 1478 people. This is a reduction on last year and back to pre-Covid levels. The figures demonstrate the impact of wraparound services. By helping families to resolve issues that cause the need for emergency food, then supporting towards a better future, Zink has been able to keep foodbank demand far lower than the national average. From a baseline of 2014, demand for High Peak Foodbank at Zink was only 6% higher (it had increased by 32% during Covid). This compares with a national increase of 289% (Trussell Trust, 2024); a clear demonstration of the impact of getting the right support at the right time for families in hardship.
One of these support facilities is advice. Over 350 families were helped by Zink to resolve issues that cause poverty ranging from housing to welfare to personal finance. In addition, 140 people were supported to address fuel poverty issues either by having an energy assessment from Zink’s qualified energy assessor, receiving a fuel bank referral or being provided with practical help to reduce fuel costs.
In February 2024, Zink acquired its first housing properties; five flats in central Buxton. Four of the tenants are or have received support from Zink ranging from addressing homelessness to learning to use IT, dealing with health issues to claiming benefits. We aim to increase our property portfolio to provide good housing with support for people who would struggle without.
Zink has a small team of 11 capable, enthusiastic and committed staff who work tirelessly in their different roles to ensure the stable running of the charity, coming up with flexible and creative ways of helping clients to achieve what they want in life. The staff are supported by over 100 volunteers and trustees. It is their dedication to Zink, what it aims to create and who it helps that keeps the charity going. Some volunteers and trustees are also Zink clients enabling the staff
team and charity as a whole to understand and react quickly to what is needed.
## **THE ZINK PROJECT CIO Statement of Financial Activities For the year ended 31 March 2024**
The High Peak community are quick to contribute to Zink with gifts of money, food and items (when requested for specific clients) as well as using the eco café and supporting fund raising challenges. Zink has also benefitted from relationships with local businesses, receiving donations of surplus food and items and being the charity of choice for their fundraising.
It is the combined enthusiasm of the community, volunteers, clients, trustees and staff at Zink that makes it not only a successful charity but one that has a friendly, welcoming buzz about it!
Paul Bohan - CEO
## **Chair of Trustee Report AGM November 2024**
2023/24 has been an excellent year. You will have seen in the CEO’s report a significant growth in our services and how the exceptional performance of our staff and volunteers has led to a huge growth in the people we help.
It can be seen that the people of Buxton and the High Peak appreciate what we do for the community by continuing to grow Donations and Grants, by 22% year on year. This has enabled Management, Staff and Trustees to support Zink in providing accommodation to people unable to provide for themselves and the support needed to maintain a healthy and happy home.
Returning to the delivery and growth in services, which enhances the wellbeing of so many people, this makes me very proud of our Staff and Volunteers. I am equally proud of our Trustees who’s hands on involvement in our Charity goes way beyond my experience in 20 years of volunteering.
WELL DONE and THANK YOU
Alan Thompson
## **THE ZINK PROJECT CIO Statement of Financial Activities**
## **For the year ended 31 March 2024**
## **THE ZINK PROJECT CIO Statement of Financial Activities For the year ended 31 March 2024**
|Page 1
**Notes**
**Incoming resources**
**_Voluntary income:_**
Donations and Grants
**_1_**
**_Investment income:_**
Bank interest
**Other incoming resources**
Income from services
**Total incoming resources**
**Resources expended**
Charitable Activities
**_2_**
Building Costs
**_3_**
Other Expenses
**_4_**
Depreciation
**_5_**
**Total resources expended**
**Net incoming/(outgoing) resources**
**For year**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Total**
**Funds**
**2024**
**2024**
**2024**
**2023**
**£**
**£**
**£**
**£**
99,880
287,650
387,530
317,823
5,576
5,576
1,607
14,094
14,094
1,677|
|---|---|
||119,550
287,650
407,200
321,107|
||41,998
194,221
236,219
221,013
18,309
18,309
5,646
2,128
930
3,058
2,312
0
1,872
1,872
0|
||62,434
197,023
259,457
228,971|
||**57,116**
**90,627**
**147,743**
**6,480**
322,770
238,730
567,980
475,844|
||**379,886**
**329,357**
**715,723**
**567,980**|
## **THE ZINK PROJECT CIO Statement of Financial Activities For the year ended 31 March 2024**
Page 2
|Page 2|||||||
|---|---|---|---|---|---|---|
||||**31.3.24**||**31.3.23**||
||**Notes**|**£**||**£**|**£**|**£**|
|**FIXED ASSETS**|**_6_**||||||
|Plant & machinery||35,573|||0||
|Freehold property||530,000|||145,000||
|||||565,573||145,000|
|**CURRENT ASSETS**|||||||
|Cash at bank and in hand|**_7_**|346,733|||425,579||
|||346,733|||425,579||
|**CREDITORS**|||||||
|Amounts falling|||||||
|due within one year|**_8_**|19,116|||2,599||
|||19,116|||2,599||
|**NET CURRENT ASSETS**||||327,617||422,980|
|**TOTAL ASSETS LESS**|||||||
|**CURRENT LIABILITIES**||||893,190||567,980|
|**CREDITORS**|||||||
|Amounts falling|||||||
|on or after one year|**_9_**|177,467|||0||
|||177,467|||0||
|**NET ASSETS/(LIABILITIES)**||||**715,723**||**567,980**|
|**INCOME FUNDS**|||||||
|Surplus for the Year||||147,743||92,136|
|Funds bought forward||||215,447||330,844|
|Property Assets||||352,533||145,000|
|||||**715,723**||**567,980**|
These financial statements were approved by the trustees on 5[th] December 2024 and signed on their behalf by: Alan Thompson, Chair of Trustees
## **THE ZINK PROJECT CIO**
## **Notes to the Financial Statements for the year ended 31 March 2024**
## Page 3
## **1. DONATIONS AND GRANTS**
|Donations and gifts
Grants
Roulton Mews|**Unrestricted**
**Restricted**
**Total**
**Total**
**2024**
**2024**
**2024**
**2023**
**£**
**£**
**£**
**£**
82,832
38,938
121,770
142,556
0
248,712
248,712
149,263
0
1,340
1,340
18,367
**82,832**
**287,650**
**370,482**
**291,819**|
|---|---|
## **2. CHARITABLE ACTIVITIES**
|Insurance
Rent
Travelling
Telephone & Internet
Administration
Repairs & renewals
Consultancy
Pension costs
Recruitment
Training
Wages
Subscriptions
Petty Cash
Sundry Costs
Postage & Stationary
BBO
G52
Guitar lessons|**Total**
**Total**
**2024**
**£**
**2023**
**£**
4,150
2,070
2,078
1,009
6,507
2,341
2,546
3,003
760
830
6,905
16,692
5,157
4,600
20,142
17,018
310
3,177
503
486
173,266
158,201
180
96
0
1,633
4,242
3,583
1,833
1,610
0
4,664
6,800
0
840
0|
|---|---|
||**236,219**
**221,013**|
## **3. BUILDING COSTS**
|**BUILDING COSTS**||
|---|---|
|Heat and Light
Rennovation costs
Roulton Mews purchase costs
Mortage interest|**Total**
**Total**
**2024**
**£**
5,361
**2023**
**£**
2,915
3,206
2,731
9,113
0
629
0|
||**18,309**
**5,646**|
## **THE ZINK PROJECT CIO**
## **Notes to the Financial Statements for the year ended 31 March 2024**
## Page 4
## **4. OTHER EXPENSES**
|Accountancy
Bank Charges
**DEPRECIATION CHARGES**
Plant and machinery|**Unrestricted**
**Restricted**
**2024**
**2024**
**£**
**£**
1,441
930
686|
**Total**
**Total**
**2024**
**2023**
**£**
**£**
2,371
1,988
686
324|
|---|---|---|
||**2,128**
**930**|
**3,058**
**2,312**|
|||
**Total**
**Total**
**2024**
**2023**
**£**
**£**
1,872
0|
|||
**1,872**
**0**|
## **5. DEPRECIATION CHARGES**
|**6. TANGIBLE FIXED ASSETS**
**Cost**
At 1st April 2023
Additions
At 31st March 2024
**Depreciation**
At 1st April 2023
Charge for the year
At 31st March 2024
**NET BOOK VALUE**
At 31st March 2024
At 31st March 2023|**Plant &**
**Machinery**
**Freehold**
**property**
**Total**
**£**
**£**
**£**
-
145,000
145,000
37,446
385,000
422,446
-|
|---|---|
||37,446
530,000
567,446|
||-
-
-
1,872
-
-|
||1,872
0
0|
||35,573
530,000
567,446|
||0
145,000
145,000|
The amount included in Freehold property relates to the purchase of Zink HQ, Market Street Car Park, Buxton & Roulton Mews, Toor Street, Buxton.
## **THE ZINK PROJECT CIO**
## **Notes to the Financial Statements for the year ended 31 March 2024**
|Page 5
**7 CASH AT BANK AND IN HAND**
Total current accounts
Total deposit accounts
ACTS*
Derbyshire Community Bank
Cash|**Total**
**Total**
**2024**
**2023**
**£**
**£**
39,500
18,874
300,794
401,763
2,706
2,639
955
955
2,778
1,348|
|---|---|
||**346,733**
**425,579**|
* During the year, the company administered money for ACTS which is an autonomous charitable fund for the benefit of local individuals.
## **7. CREDITORS LESS THAN ONE YEAR**
|Social security & other tax
Accruals
Mortgage
**8. CREDITORS MORE THAN ONE YEAR**
Mortgage|**Total**
**Total**
**2024**
**2023**
**£**
**£**
2,377
1,152
1,447
1,447
15,292
0|
|---|---|
||**19,116**
**2,599**|
||**Total**
**Total**
**2024**
**2023**
**£**
**£**
177,467
0|
||**177,467 **
**0**|
## **9. EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 15 (2023 - 13)
## **10. TRUSTEES**
Trustee Stuart Corbett provided IT Support to the value of £230 No other trustees (or any persons connected with them) received any remuneration during the year.
## **11. TANGIBLE FIXED ASSETS**
Depreciaiton is provided at the following rates in order to write off each asset over its estimated useful life:
Plant & Machinery - 5% on reducing balance