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← Free Your Instinct

2024-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2023 Period start date To 31[st] March 2024 Period end date Charity name: Free Your Instinct

Charity registration number: 1160961

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To promote good mental and physical health of
people with a recognised mental health need
through the provision of coaching in parkour.
To offer development opportunities and
coaching. To promote the charity within the
mental health community. To ensure a duty of
care to all the members of the charity. To
ensure ongoing understanding regarding the
effect of parkour on mental health symptoms
withparticipant informed consent.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 In 2023-2024 FYI have run classes both
independently and in partnership with Active
Newham and Bristol Southmead Social
Prescribing Services supporting adults and
young people who are most at risk of the
inequalities of mental health.
Each class is 1.5 hours Iong and has a maximum
capacity of 8 participants. Classes are run by
both a lead coach and an assistant coach to
ensure participants are fully supported
throughout the class. Classes offer participants
the opportunity to experience parkour,
increase physical activity and social inclusion,
whilst focusing on developing mental and
physical strength and resilience. Each class
focuses on a specific objective, for example,
teamworking, resilience, play, overcoming
obstacles, managing fear/ negative thinking
and reconnecting post covid. All courses are
free to all participants who are drawn from
some of the most vulnerable parts of local
communities in which we work.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 All trustees have had regard to the guidance
issued by the charity commission on public
benefit

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 Free Your Instinct does not undertake any
grant making activities
Policy on social investment
including program related
investment		 Para 1.38 Free Your Instinct does not undertake any
social investment activities
Contribution made by
volunteers		 Para 1.38 We are grateful to the contribution from our
volunteers who have supported the
development of social media, contributed
personal experiences towards an online blog to
increase awareness of parkour and mental
health, as well as assisted with the delivery of
fundraisingevents
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 In 2023-24 Free Your Instinct was fortunate
to receive support from Grant Funders
such as Comic Relief/ Groundworks and
The Together Fund
These funds ensured Free Your Instinct
was able to continue offering classes for
free to those most at risk of the inequalities
of mental health such as areas of
recognised deprivation and minority
populations, reaching 158 beneficiaries.
During 2023-24 Free Your Instinct was the
winner of “Most Innovative Sports Mental
Health Intervention NPO- Southern
England” at the Non-Profit Awards. Free
Your Instinct were also nominated for the
“Innovative Mental Health” Award at the
Mental Health and Wellbeing Awards, The
“Change Maker Award” at the Head
Outside Awards, “Best New Mental Health
Initiative” in the Insideout Awards, and
“Bristol Innovation Award” in the Bristol
Impact Awards. demonstrating the charity’s
dedication to innovative mental health
support.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 Over the last few years FYI has
demonstrated 1500% growth in service
delivery with thanks to support and funding
from all the providers listed in this report.
Despite the challenges faced in navigating
a global pandemic and subsequent cost of
living crisis. Free Your Instinct has
continued to show resilience throughout
2023-24. Challenges such as increased
demand on grant funders and increasing
costs for third sector organisations have
coincided with the completion of evidence
based research surrounding courses
delivered by FYI. This has offered the
charity the opportunity to review and refine
the purpose and objectives the organisation
would like to achieve over the next few
years.
In June 2023, FYI formally partnered with
Esprit Concrete, an organisation that offers
Parkour integrated therapeutic
interventions, fully supported by registered
clinical psychologists, to enhance and
inform the delivery of our work, and fully
differentiate our impact from other sports
focused mental health deliveries.
Performance of fundraising
activities against objectives
set		 Para 1.41 FYI secured sufficient project funding to
support the ongoing delivery of projects.
However, targets to secure core funding to
increase organisational structure that
supports the significant growth the
organisation has seen over the last few
years has proved more challenging.
The charity remains focused on
implementing their sustainable fundraising
strategy to ensure the development of a
more robust and sustainable organisational
structure
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 Free Your Instinct has historically been
heavily grants funded with high levels of
restricted funds, and low unrestricted
funds. The Charity entered the financial
yeardelivering projects thathad been
funded in the previous financial year.
Additionally, where core funding providers
have seen increased demand due to the
cost of living crisis, funding to support the
charities partnership and restructure with
Esprit Concrete was supported by a
£15000 loan, where terms of repayment
are only met once the charity achieves the
reserves policy. As such the overall
position is a net payment of £33,003,
compared to net receipts of £26,243 in
2022-2023.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Free Your Instinct has a target reserve
policy of 3 months of operating cost with a
view to establishing 6 months cover over
the next 3 years.
Amount of reserves held Para 1.22 £13,180
Reasons for holding zero
reserves		 Para 1.22 The 3 months OpEx cover reserves policy
for the business is £1.8k, current reserves
do not presently meet this as the
organisation goes through a phase of
redefinition and restructuring, where
unexpected costs have arisen. The
organisation is able to continue its
operating activities after obtaining a long
term loan in the period, putting the charity
into negative reserves for the current
accounting period.
Details of fund materially in
deficit		 Para 1.24 Unrestricted funds declined to -13,180 in
the period. Restricted funds were fully
utilised in the period.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 The charity has a dynamic structure with
minimal overheads. This enables the
organisation to adapt and respond to
changes in income and capacity. Whilst we
anticipate a reduction in income as the
charity restructures, budgeting, service
reduction and expenditure will continue to
be reviewed and reevaluated ongoing. The
Charity is presently implementing further
income diversity strategies including
delivery of PAYG classes for participants,
and further ad hoc/ contractual delivery.
The unrestricted reserves is a priority for
the business, by growing the services on
offer the position should improve in the
coming years.
Additional information (optional)
You may choose to include further statements		 where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Funding Grants
Event Fundraising
Individual Donation
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Free Your Instinct does not undertake any
social investment activities
A description of the principal
risks facing the charity		 Para 1.46 To date FYI has been heavily grants
funded, which has limited both proactive
growth as well as core staffing. We will be
working closely with Esprit Concrete to
maximise diversity of income as well as
dynamically respond to any challenges
over the next few months and years.
As a small charity, a further impact of the
cost of living crisis has impacted the
retention of trustees. To mitigate this
moving forward, we are working closely
with National Governing Body Parkour UK
to support the recruitment and retention of
a dedicated and impactful Trustee Board.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Free Your Instinct is currently governed by a
board of three trustees who oversee the
governance and strategic development of the
charity. The Charity is managed by the CEO
who oversees the charity's day to day activities.
Selection of new trustees is based on a need
highlighted in general meetings and identified
skill mix needs of the Board. If a new position is
required a trustee specification is written to
ensure clarity, and the vacancy is advertised on
appropriate platforms. Depending on the
number of applications, candidates are
shortlisted by the CEO, against the trustee
specification requirements before being
presented to the trustee board. Appropriate
applicants will then be invited to an interview
via video call with the CEO and at least one
other trustee.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 Successful candidates will be required to
submit references, complete a trustee
declaration as well as complete a DBS check
prior to appointment.
New Trustees are provided with Induction
training and guidance publications from the
Charity Commission as detailed in the charity’s
Trustee recruitment policy
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Free Your Instinct works closely with partner
organisations including:
London Sport
NHS East London Foundation Trust
Esprit Concrete
Active Newham
Southmead Social Prescribing Services
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Free Your Instinct
Other name the charity uses FYI
Registered charity number 1160961
Charity’s principal address 36 Frome Road
Trowbridge
BA14 0DD

Names of the charity trustees who manage the charity

Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity
Trustee name Office (if any) Dates acted if not for whole
year		 Name of person
(or body) entitled
to appoint trustee
(ifany)
1 Stephen Lenton
2 Kasturi Torchia
3 Sarah Nickless
4 Kristen Natale
5 Kevin Gargini Chair
6 Kasturi Torchia
7

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address ~~|~~ adviser ~~|~~ | | ~~————~~ | Name of chief executive or names of senior staff members (Optional information) Charlotte Boenigk ~~Pt~~

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees ~~Te~~ Signature(s) ~~pf~~ Full name(s) Stephen Lenton Kasturi Torchia Position (eg Secretary, Trustee Trustee ~~eepf~~ Chair, etc)Date 30/01/2025 ~~ee~~ 30/01/2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FREE YOUR INSTINCT

I report to the trustees on my examination of the accounts of the Company for the year ended 31 March 2024, which are set out on pages 8 to 9.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company, 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 as carried out under section 145 of the Charities Act 2011 and 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 can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:

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.

Olusiji Odeleye

Director Enodel UK Ltd t/a iSolve Accounting & HR

31 January 2025

Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 Period end date
01-Apr-23
31-Mar-24
Charity Name
No (if any)
Free Your Instinct
1160961
Receipts and payments accounts
For the period
from
Period start date
To
~~ee ee ee~~		 CC16a
~~-~~		 CC16a
~~-~~		 CC16a
~~-~~
Section A Receipts and payments
Unrestricted
funds		 Restricted funds Endowment
funds		 Total funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 1,182 11,033 - 12 12,215 21 21,525
Servicesprovided 4,283 - - 4 4,283 840 840
Interest Received 23 - - 23 23 32 32
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
Sub total(Gross income for AR)5,488
11,033
-
16,521
22,396
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts
5,488
11,033
-
16,521
22,396
A3 Payments
~~SS~~
~~5=~~
Salary 30,002 - - 30 30,002 25 25,575
Pensions 2,063 - - 2 2,063 1 1,834
Coaching 12,442 - - 12 12,442 15 15,734
Suppliers - - - - - - -
Travel - - - - - 18 18
Stationary - - - - - - -
Insurance & subscriptions 1,576 - - 1 1,576 1 1,397
Other expenses 1,960 - - 1 1,960 2 2,076
Technology 1,426 - - 1 1,426 1 1,938
Bank Changes 55 - - 55 55 67 67
**Sub total ** 49,524 - - 49,524 49,524 48,639 48,639
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments
49,524
-
-
49,524
48,639
~~——~~
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end		 - 44,036
11,033
27,651
- 27,651
3,205
16,618
- 13,180
-
~~==~~		 033
27,651
16,618
-
 -
- 33,003
- 26,243
-
-
-
-
19,823
46,065
- - 13,180
19,823
~~———~~

31/01/2025

CCXX R2 accounts (SS)

2

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Signature
Other long term loan
Details
Details
Details
Details
CAF Bank
Others
Total cash funds
(agree balances with receipts and payments account(s))
Details		 Unrestricted
funds
Restricted funds
to nearest £
to nearest £
1,820
-
-
-
-
-
1,820
-
Agreement Error
OK
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
Unrestricted
15,000
-
-
-
-
Print Name
Stephen Lenton
Kasturi Torchia		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of approval
Stephen Lenton 31-Jan-25
Kasturi Torchia 31-Jan-25

31/01/2025

CCXX R3 accounts (SS)

3