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2022-09-30-accounts

ENGAGE TRUST UK

Charity number: 1165129

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30th. SEPTEMBER 2022

ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

Contents

1–6 Trustees’ Annual Report
7 Independent Examiner’s Report
8 Statement of Financial Activities
9 Balance Sheet
10–14 Notes to the Financial Statements

Page: 2

ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

The Trustees present their annual report and the financial statements of the charity for the period ended 30th. September 2022

REFERENCE AND ADMINISTRATIVE INFORMATION

Registered charity name: Engage Trust UK

Charity registration number: 1165129 Principal office: Engage Trust UK Deansgate 62-70 Tettenhall Road Tettenhall Wolverhampton WV4 4TH Trustees: Anthony Henson Matt Brown Leona Grant William Davies Director of operations Matthew Foster Independent Examiner: Mervyn Thomas 128 Putnoe Lane Bedford, MK41 8LS Principal Bankers: CAF Bank Ltd.

CHARITY STATUS

The charity is a charitable incorporated organisation (CIO) registered in January 2016.

AIMS AND PURPOSE

The objects of Engage Trust UK are:

In accordance with Christian values, to engage with, and act as a resource for young people and their families, and the wider community, who are poor, disadvantaged, marginalised, or at risk of social exclusion; or otherwise in conditions of emotional, mental, or spiritual need, hardship or distress, by providing guidance, support, varied opportunities and by organising activities as a means of:

(a) advancing in life and helping young people and their families by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

REVIEW OF ACTIVITIES

The charity’s objects underpin our operational activities. The trustees have paid due regard to the Charity Commission’s guidance on public benefit when determining the activities of the charity. We have been a registered charity since January 2016.

Engage Trust UK aims to:

The main focus of our work during 2021-22 has been the development of our ‘Worth It’ Programme. This is a bespoke 13-week mental health & well-being programme combining group work and 1-2-1 sessions designed around young people’s personal social and emotional challenges.

‘Worth It’ is an original approach to supporting young people struggling with emotional health, mental well-being and the effects of multiple trauma. Our primary focus is regional/Black Country from our base in Wolverhampton.

Through our Worth-It programme we aim to:

Any charitable ‘sales’ are from schools paying for us to run our programme with their students. Initially, we offer the programme at a reduced rate and schools then have the confidence in our work and are willing to pay the full price, increasing our sustainability as a charity.

ACHIEVEMENTS AND PERFORMANCE

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

“If you’re going through a tough time, there is always someone to talk to.” “Not everyone has someone to talk to, the programme could help them.” “If someone asked if they should do it I’d say try it because it can really help.” “It is helpful to let your feelings out.” “It really helped me, so hopefully it can help others.” “It was useful, fun and safe. They would feel more confident and it will help them as a person”

We would like to acknowledge and thank our grant funders over this last year - Birmingham & Black Country Communities Fund, administered via the Heart of England Community Foundation, The Wesleyan Foundation, administered via the Heart of England Community Foundation, The Coop Local Community Fund, and Set Me Free Trust.

Thank you also to Expocet Ltd for their donations as well as to individual donors, whose contributions also make our work possible.

FINANCIAL REVIEW

Income generation

The total income for the year was £38,677 (2021: £51,110) which was generated through voluntary donations, grants and educational sales.

Expenditures

Total expenditures were £46,519 (2021: £38,151).

Funds

Overall funds are £54,905 (2021: £62,747) of which restricted and designated funds are £34,141 (2021:£44,110 ).

Reserves policy

The charity holds unrestricted and restricted funds. Transfers are made from unrestricted to restricted funds in order to prevent restricted funds from going into deficit. Our overall policy for unrestricted funds is to hold reserves at a minimum threshold necessary to operate the organisation (not more than 3 months expenditure) or higher when specific projects are being planned for subsequent years.

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

TRUSTEES’

RESPONSIBILITIES

All Trustees give their time voluntarily and receive no remuneration or other benefits.

The Trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable laws and regulations.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain transactions and disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure that the financial statements conform to the charities SORP. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE TRUSTEES

Anthony Henson as Chair on behalf of the Trustees

Signed:

Date: 20/02/2023

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ENGAGE TRUST UK

on the accounts for the year to 30[st] September 2022 as set out on pages 8–14 in this document

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Independent examiner's statement

It is my responsibility to:

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:

Signed:

Mervyn Thomas 128 Putnoe Lane Bedford MK41 8LS

Dated: 07/12/2022

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

STATEMENT of FINANCIAL ACTIVITIES

For the accounting period 1st October 2021 to 30th.September 2022

Incoming Resources Notes
3
Unrestricte
d
Restricted Designated
Total
Funds
Total
Funds
Funds
Fund
Fund
2022
2021
£
£
£
£
£
11,199
17,666
28,865
47,886
9,812
-
9,812
3,224
21,011
17,666
38,677
51,110
-
281
281
1,061
12,884
33,354
46,238
37,090
12,884
33,635
46,519
38,151
8,127
(15,969)
(7,842)
12,959
(6,000)
6,000
-
-
Unrestricte
d
Restricted Designated
Total
Funds
Total
Funds
Funds
Fund
Fund
2022
2021
£
£
£
£
£
11,199
17,666
28,865
47,886
9,812
-
9,812
3,224
21,011
17,666
38,677
51,110
-
281
281
1,061
12,884
33,354
46,238
37,090
12,884
33,635
46,519
38,151
8,127
(15,969)
(7,842)
12,959
(6,000)
6,000
-
-
Unrestricte
d
Restricted Designated
Total
Funds
Total
Funds
Funds
Fund
Fund
2022
2021
£
£
£
£
£
11,199
17,666
28,865
47,886
9,812
-
9,812
3,224
21,011
17,666
38,677
51,110
-
281
281
1,061
12,884
33,354
46,238
37,090
12,884
33,635
46,519
38,151
8,127
(15,969)
(7,842)
12,959
(6,000)
6,000
-
-
Voluntary income 28,865
47,886
Charitable activities 9,812
3,224
Total Incoming Resources
Resources Expended
Raising funds
Charitable activities
Total Charitable Resources
Expended
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
38,677
51,110
4
281
1,061
46,238
37,090
46,519
38,151
(7,842)
12,959

-
2,127
(15,969)
6,000
(7,842)
12,959
62,747
50,425
20,764
28,141
6,000
54,905
62,747

Page: 8

ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

BALANCE SHEET

At at 30th.September 2022
Fixed Assets
Current Assets
Debtors and Prepayments
Cash at Bank
Total current assets
Short Term Liabilities
Total Current assets
Total Assets
Charity Funds:
Unrestricted funds
Restricted Funds
Designated Funds
Total funds
Notes
6
Unrestricted
Restricted Designated
Total
Funds
Total
Funds
Funds
Fund
Fund
2022
2021
£
£
£
£
£
3,904
-
-
3,904
-
3,307
-
-
3,307
-
22,131
28,141
6,000
50,272
63,084
Unrestricted
Restricted Designated
Total
Funds
Total
Funds
Funds
Fund
Fund
2022
2021
£
£
£
£
£
3,904
-
-
3,904
-
3,307
-
-
3,307
-
22,131
28,141
6,000
50,272
63,084
Unrestricted
Restricted Designated
Total
Funds
Total
Funds
Funds
Fund
Fund
2022
2021
£
£
£
£
£
3,904
-
-
3,904
-
3,307
-
-
3,307
-
22,131
28,141
6,000
50,272
63,084
25,438
28,141
6,000
53,579
63,084
(2,578)
-

-

(2,578)
(337)
22,860
28,141
6,000
51,001
62,747
26,764
28,141
6,000
54,905
62,747
20,764
20,764
19,359
28,141
28,141
44,110
6,000
6,000
8
20,764
28,141
6,000
54,905
62,747

Signed on behalf of the trustees:

Anthony Henson as Chair on behalf of the trustees

The notes on pages 10 to 14 form part of these financial statements.

Page: 9

ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

NOTES TO THE FINANCIAL STATEMENTS

1 BASIS OF PREPARATION

1.1 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 accounts 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 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

The Charity is a going concern. Income generation through members’ donations is maintaining adequate reserves and restrictive funds are adequate.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

2. ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period.

2.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention with items recognized at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.

2.2 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. Transfers are made from unrestricted to restricted funds as necessary to prevent restricted funds from going into deficit. Transfers are made from unrestricted to designated funds in accordance with the charityes strategy and reserves policy.

2.3 Incoming resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the income and it is more likely than not that it will receive the resources and the amount can be quantified with reasonable accuracy. Voluntary income is received by way of donations and gifts and is included in full in the SoFA when receivable. Grants are included in the SoFA when the general income recognition criteria above are met and in the case of performance-related grants income is recognized to the extent that the specified goods or services have been provided. Donated services and facilities are included at the value to the charity where this can be measured reliably. The value of services provided by volunteers has not been included in these accounts. Investment income is included when received.

2.4 Resources expended

Expenditure is recognized on an accrual basis as a liability is incurred. Expenditure includes any VAT that cannot be recovered, which is reported as part of the expenditure to which it relates.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity (as a charitable company) and include the audit fees and costs linked to the charity’s legal constitution.

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

2.6 Pension costs

Employees of the charity are entitled to join a defined contribution pension scheme. The charity contribution is limited to the contributions disclosed in note 3.

2.7 Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

2.8 Creditors

Creditors (including accruals) are recognized when due at the balance sheet date.

3. ANALYSIS OF INCOME

3. ANALYSIS OF INCOME
Unrestricted
Restricted
Total Funds
Total Funds
Funds
Funds
2022
2021
£
£
£
£
Voluntary Income
Company Donations 5,674
-

5,674
5,657
charity Donations -
-

-

1,500
Personal Donations 5,525
-

5,525
6,735
Grants -
17,666
17,666
33,994
Total Voluntary Income 11,199
17,666
28,865
47,886
Charitable Activities
Educational Sales 9,812
-

9,812
3,224
TOTAL INCOME 21,011
17,666
38,677
51,110

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

4 ANALYSIS OF EXPENDITURE

4 ANALYSIS OF EXPENDITURE
Expenditure on raising funds Unrestricted
Restricted
Total Funds
Total Funds
Funds
Funds
2022
2021
£
£
£
£
Website and Publicity -
3,092
3,092
1,061
Total expenditure on raising funds - 3,092
3,092
1,061
Expenditure on Charitable Activities
Employee Salaries 9,606
22,414
32,020
29,684
Employer's National Insurance 894
2,086
2,980
2,591
Pension E/R 605
1,411
2,015
IT and communications 489
1,142
1,631
3,619
Admin Costs 564
1,317
1,881
330
Legal and Insurance 533
1,245
1,778
407
Direct Project costs 144
337
481
372
Bank fees 25
57

82

87
Travel and expenses 46
108
154
-
Training 122
284
405
-
Total Charitable activities 13,028
30,399
43,427
37,090
TOTAL EXPENDITURE 13,028
33,491
46,519
38,151

4.1 Staff

The number of paid employees is 3 (Previous year 2)

4.2 Expense Disclosures

Trustees did not receive payment or expenses in the year.

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

5. TANGIBLE FIXED ASSETS

5. TANGIBLE FIXED ASSETS
Computers
Equipment &
Fittings
Total
Cost £ £ £
Brought Forward -
-

-
Additions in the year at cost
Cumulative Cost
Depreciation
Brought Forward -
-

-
Depreciation in the year 644
64
Cumulative Depreciation 644
64
Net Book Value
Net Book Value at Sept 2021 -
-
Net Book Value at Sept 2022
6 DEBTORS AND PREPAYMENTS
£
Prepaid Office Rent
Prepaid Furniture Deposit
Total Debtors and Prepayments
7 CREDITORS
Short term creditors £

8. CHARITY FUNDS

Details of All Funds with movements during the reporting period 2021 - 2022

Brought Carried
Forward Income
Expenditure
Transfers
Forward
Unrestricted General Fund 18,637
21,011
(12,884)
(6,000)
20,764
Restricted Funds -
Schools "Worth It" Project 44,110
17,666

(33,635)
-
28,141
Total Restricted Funds 44,110 17,666
(33,635)
-
28,141

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ENGAGE TRUST UK TRUSTEES REPORT and FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30[st] SEPTEMBER 2022

Educational Development -
-
- 6,000 6,000
Total Designated Funds - - - 6,000
6,000
Total Funds 62,747 38,677
(46,519)
-
54,905

Page: 14