restore C O M M U N l T Y RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIAL ATEmENTs FOR THE YEAR ENDED 31ST DECEMBER 2023 COMPANY REGISTRATION NO: 09666871 (England and Wales) CHARITY REGISTRATION NO:1165654 Restore Community 15 a company limited by guarantee no. (666871. Registered charity no. 1165654
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 CONTENTS PAGE LEGALANDADMINISTRATIVE INFORMATION REPORT OFTHE TRUSTEES INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIALACTIVITIES io STATEMENT OF FINANCIAL POSITION li NOTESTO THE FINANCIAL sfATEMENTS 12-16 DETAILED STATEMENT OF FINANCIALAcfiviTIES 17
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIALsfATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 CHARITY REGISTRATION NUMBER= 1165654 COMPANY REGSITRATION NUMBER.. 09666871 REGISTERED OFFICE: 23 Canfield Road Woodford Green Essex IG8 8JL TRUSTEES.. Pauline Doyle (resigned October 20231 Clive Makombera Iresigned July 20231 Andries Van Jaarweld Ann Gran8er lappointed October 20221 Matthew Greene lappointed October 20231 Steven Hale (appointed October 20231 BANKERS.. Barclays Bank Nottin8 Plill Gate Leicester Leicestershire LE87 2BB INDEPENDENTEXAMINER Allen Robyn and Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9tK]
RESTORE COMMUNITY TRuEE5 REPORT AND UNAUDITED FINANCIAL sfATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2023 The Trustees present their report and financial statements for the year ended 31 December 2023. The financial statements have been prepared in accordance wilh the accounting policies set out in Note I to the financial statements and comply with the Charity's Governing document, the Companies Act 2006 and "Accountin8 and Reporting by Charities- Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191" The charity is a company limited by guarantee and governed by tts Memorandum and Articles of Association. Restore Community is a sister charity of Restore Community Church and has common Trustees. Restore Community was set up in 2015 to provide a vehicle to run Restore Community Church's local community tran5forrnation projects. andlsubsequentlyl as the fund-raising arm and developmental partner for Beyond Ourselves activities in Zambla. The Trustees consider Restore Community meets the Charity Commission's requirements to demonstrate public benefit in each of its purposes set out below. Governance and Management Oversight of the charity's activities is provided by a Board of Trustees whose responsibility 15 to ensure the charity is operating in accordance with its charitable purpose. Day.to4ay leadership of the charity 15 provlded by the project leaders. The Trustees, who are also trustees of Restore Community Church, meet bi-monthly for regular business meetings and at other times as required. Trustee5 are drawn from members of the Restore Community Church and their re-appointment is a matter for the members in General Meeting. None of the Trustees have any beneficial interest in the company. All the Trustees are members of the company and 8uarantee to contribute £10 in the event of a winding UP. Although the day-to-day artivlties of the charity are delegated to paid staff. the Trustees take an actlve part in the administrative functions and exercise an independent check on financial and operational matters. The Trustees approve all staff appointments and are involved in the detailed oversight of the charity's financial activities. The remuneration policy for staff members is set by the Tnjstees and this is comparable to other organisations with similar roles. Staffs are also given the opportunity to participate in a defined contribution pension arrangement with the chariiy matching employee contributions vp to a maximum of5% ofsalary. The Trustees, together with the leadership of the charity. regularly review Restore Community's financial and operational risks, through scrutiny at bi-monthtyTrustee meetings and reports submltted to the Trustees.
REoRE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCL4L sfATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Background The charity's aims are the prevention and relief of poverty and financial hardship in the UK and overseas in ways the Trustees from time to time think fit, but not exclusively by.. providing emergency food, essential toiletries and household items to individuals and familie5 in need such other means, including (but not limited tol the provision of support or signposting to relevant information and other advisory Seice$. the funding and partnership for projetts working with the inhabitants of Zambia Ithrough Beyond Oursefvesl. The charity promotes social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those who are socially excluded and assistin8 them to Integrate into society. Socially excluded means those excluded from society, or part of society. due to being a member of a socially and economically deprived community. Project Deliveries Restore Community delivers locally based projects plus fund-raisers, and provides partnership direction lin the UK and in Zambia, using the Beyond Ourselves brand) for deliverin8 objectives and projects in Zambia. The overseas projects are under the control of the charity Beyond Ourselves Zambla, which Is a separate organisatlon set up In Zambia to safely deliver the Beyond Ourselve5 vision. Local Projects - Activities and Vision Our vision is to initiate local projects that have lon8-term impact, are sustainable financially, in terms of personnel and have a joined-up approach that demonstrates the working together of church and community. These projects will demonstrate Jesus, love to the communitie5 through the churche5 which operate in them. Restore Community's underlwng desire is to make a difference by building relationships and creating opportunitie5 and solution5 for people to thange their own lives, thelr families, lives and the communities in which they live. Over the 2023 financial year, our projects have gone from strength to strength with increasing uptake from the community as well as the Church community helping us to deliver the support that is needed.
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2023 Albany projects have increased in impact over 2023 due to the commitment of the team at Albany along with the fundin8 received from Enfield Council to deliver Holiday Clubs. Project5 delivered at Albany include= GrowBaby, Ralnbow Club. Holiday Club. Messy Church & Drop in Café. Loughton projects have continued to strengthen with funding from Loughton Town Council and Essex County Council allowing us to embed and strengthen projects providing a continuity that the local community can rely on. Projecis dellvered In Lou8hton include: Grow Cominunity Garden, Noah'sArk, Holiday Club, TLG, Table Tennis and ourcommunity Hub. Winchmore Hill is still findin8 It's place in the local community $0 there have been no new initiatives in 2023 but we have seen growth in the number of people attendin8 the Seniors Choir. Projects delivered in Winchmore Hill include.. Seniors Choir and CAP Money Course. All of the pmlects dellvered meaningful changes to individuals in the communlties we serve, and some highlights are set out below.. Grow Garden - is our Community Garden in Loughton run by Restore Community with the help of volunteers and workers from the local community. The garden is open on Wednesday's and Saturday's with students from nearby Oakview School and Essex Care Limited visttin8 our facilities on Wednesday. Noah's Ark - is our preschool playgroup which provides a safe environrnent for children to learn and develop whi15t also giving parents the opportunity to connect with one another and us the opportunity to provide support. The demand for these groups is growin8: we currently have groups in two locations in Lou8hton delivering three se55ion5 per week. and one in Albany las Rainbow Clubl, and there are plan5 to extend the service provision to more families. Each week more than 80 parents and their children attend and enjoy these events. Hollday Clubs- Funded by the Enfield and Essex councils these are extremely popular and targeted at primary age school children receiving benefits based free school meals. As the c05t-of-living crisis worsens the demand has grown and places are usually taken up within just a few day5 of bein8 advertised. In 2023 we ran 24 days of Holiday club providing 500 places to children who would normally receive free school meals. Community Hub- At the end of 2022 we set up our Community Hub at Oakwood Hill Community Centre on a Thursday morning, a collaboration between ourselves and the Epping Forest District Council aimed at bringing council services as well as Other agencies closer to local residents and therefore providing greater access to those who need it most. GrowBaby is a clothes bank that supports local families who are strug81in8 by providing good quality new and second-hand baby clothes and equipment for children aged O to 5 years. Page16
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIAL ATEmENTs FOR THEYEAR ENDED 31ST DECEMBER 2023 TLG Transforniing Lives for Good is an Early Intervention Coaching programme that deliver5 1-.1 coaching to primary school children at Alderton Junior School. Coache5 are trained by TLG and are staff members and volunteers at Restore Community Church. Overseas Activities and Vision Restore Community charity (under the brand Beyond Ourselves) continued its advanment in educational development as a means of transfomiin8 lives and improving literacy levels acros5 Zambia. During 2023 Beyond Ourselves partnered with Jolly Futures and the Ministry of Education in Zambia to support the advancement of English Literacy acr055 Zambia by providing Jolly Phonics teacher training. Beyond ourselve contextualised Jolly Phonics Training Aid was successfully rolled out in Grade 3 across the Copperbelt Province in all 515 government and community schools. IGrade 3 is the point at which pupi15 are expected to start to read and write in English as guided by the current Zambian National Curriculum.) Over 3,500 teachers have now been trained in our contextualised Jolly Phonlcs programme, which has enabled them to go on to develop the literacy of over 150,Th)O pupi15 Using this revolutionary teaching meihodology. Beyond Ourselves has tracked improvement In the reading performance of these puplls. Consistently, pupils using Jolly Phonics have scored two or three tlmes higher than pupils In non-jolly Phonlcs classes. The Success of the Copperbelt rollout led to Beyond Ourselves bein8 invited later in 2023 to participate In key meetings with the Ministry of Education in Zambia to review the new National Curriculum Framework and bf ing recommendations regarding the new Early Childhood Education and Primary English Syllabuses. Thls most likely will lead to a National Rollout of the Jolly Phonics training, starting in 2025. As the scope of the literacy training grows. Beyond Ourselves remain committed to the gradual withdrawal of financial support to Kawama Community School and High School Bursaries at Gater JoylKawama schools, bythe end of 2025. Outside of Ilteravry trainin& In November 2023 Beyond Ourselves facilitated training in the Dignlty and Dare Programmes which focus on key issues for teens. The life skills programmes cover topics such as identity, belon8ing, purpose, menstruation, sexual health, puberty and relationships. There were 42 participants representing about 20 different or8anisations, multiple churches and Northrise University- trained in this impactful programme. One major change for the Beyond Ourselves team last year was that Dan and Melissa Whitcombe, who have led the team in Zambia for the past ten years, relocated to Canada. This brought an opportunity for a Zamblan Dlrector to step in to the role. It has been a positive transltlon. Key funding partnerships in the UK with Cranleigh School in Surrey, St Paul's School in London, Stephen Jame5 BMW in London have all continued. Beyond Ourselves hosted visiting student teams from both Cranleigh and St Paul's in 2023. The team from Cranleigh yet again excelled in their fundraisin& raising over £29,761. In total, Cranleigh School raised £61.803 for Beyond Ourselves in 2023. Other schools and businesses supported us through one-off donations. practical support and pay-roll giving.
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIAL sfATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2023 Financial Review Total income for the year ended 31 December 2023 was £288,66812022.. £291,631) representing a decrease of 1.0 % percent from the previous year. Restricted donations for the activities of Beyond Ourselves continued to represent most of ihe charitWs income for the financial year. Unrestricted income comprised mainly of £15,069 in donations from our sister charity Restore Community Church for 2023.12022: £60,358). This was used to fund local projects and assist with salary cost for our staff.Total Expenditure on all activities decreased by 26.3% to £251,29412022: £341,0431.Fund5 carried forward as of 31 December 2023 is £274,090 12022: £236,716). This comprised of common restricted reseNes of £270,4841£2022: £239.7381 and unrestricted reseNes of £3,60612022:1£3,02211. The TrLtstees' aim is to hold unrestricted funds of between ljvo and four-months operatlonal expendlture and planned to take measures to ensure this is achieved over the next two financial years. The Trustees, who are also the directors for the purpose of company law. and who Seed during the financial year.. Andries van Jaarsveld Ann Gronger Matthew Greene (appointed 18 October 20231 Steven Hale (appointed 18 October 20231 Key Risks Risks for local projects include Health and Safety, safeguardin8 of children and vulnerable adults, continuation of grants and maintaining continued volunteer participation. Beyond Ourselves key risks are reputational and financial integrity in the use of the charity's funds especially those allocated to Beyond Ourselves Zambia. There is also the risk of our dependency on certain key individuals to deliver our vision and programmes a5 intended. ON BEHALF OF THE BOARD: Accountants The accountant5, Allen Robyn & Associates Ltd will be proposed for re-appointment at the forthcorning Annual General Meeting. ON BEHALF OF E BOARD.. rie5 Van Jaarsveld Date Chair of Trustees
REPORT OFTHE INDEPENDENT EXAMINER TRUSTEES REPORT AND UNAUDITED FINANCIAL sfATEMENTS RESTORE COMMUNITY FOR THE YEAR ENDED 31ST DECEMBER 2023 I report on the accounts for the year ended 31st December 2023 set out on pages ten to sixteen. Responsibilities 3nd basis of Report As the charitls trustees of the Company (who are also the directors of the company for the purposes of company lawl, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061.the 2CK16 Arfl. Having satisfied myself that the accounts of the Company are not required to be audited for thls year under Part 16 of the 2fyJ6 Act and are eligible for independent examlnation, I report in respect of my examination of your charitrfs accounts as carried out under section 145 of the Charities Act 20111"the 2011 Art"). In carrying out my examination, I have followed the Directions given by the Charity Commission lunder section 14515llbl of the 2011 Act. Independent Examiner's Statement The company's gross income exceeded £250,000 and l am quallfied to undertake the exarnination by being a qualified member of the A550ciation of Chartered Certified Accountants. I have completed my examination. I confirm that no material matters have come to my attention lother than that disclosed below ') which gives me cause to believe that: accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records- or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2¢X>6 other than any requirement that the account5 give a 'true and fairf, view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the Charities SORP IFRS1021 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 understandin8 of the financial st tements to be reached. Rolston Ilen {FCCA} Allen Robyn & A550ciates Ltd Chartered Certified Accountants 367 Caledonian Road London N79D
REoRE COMMUNITY TRUSTEESREPORT AND UNAUDITED FINANCIAL ATEmENTs STATEMENT OF FINANCIAL AcfIvITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrirted Restricted Funds INCOMING RESOURCES Notes Funds Total Total Incomlng resourcesfromgeneratedfvndy 2023 2022 Donations and Other Income RESOURCE5 EXPENDED Charitable Artivities 41043 TOTAL RESOURCES EXPENDED NEf INCOMEIEXPENDITURE FOR THE YEAR £6,628 £30,746 £37,374 (£49,412) RECONCILIATION OF FUNDS Totsl Funds Brought Forward TOTAL FUND5 CARRIED FORWARD None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2023 nor in the prior year other than those included in the statement of financial activitie5. The notes on pages 12 to 16 forni part of these accounts. Page lio
REORE COMMUNITY TRuE$ REPORT AND UNAUDITED FINANCIAL STATEMENTS STATEMENTOF FINANCIAL POSITION FOR THE YEAR ENDED 31sr DECEMBER 2023 FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors 2,276 2,004 Cash at bankand in hand CREDITORS: wlthln oneyear io Net Current A55ets TOTAL ASSETS LESS LIABILITIES FUNDS: Unrestricted Funds li 706 (3,022] Restricted Funds li The financial ststements were approved by the Board ofTrustees On.3.).IlW.d signed on its behalf by. .(Chair] Andries Van Jaar5veld The notes on pages 12 to 16 form part of these accounts.
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIALATEmENTs NOTES TO THE AccouKrs FOR THEYEAR ENDED 31ST DECEMBER2023 I. ACCOUNTING POLICIES Basis of preparing the financial ststements The financialstatements have been prepared in accordancewiththeCharity'sArt2011, the CompaniesAct2006 and "Accounting and Reporting by Charities.. Statement of Recornmended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" {effertive I'January 2019). The charity Is a Publlc Benefit Entity as defined by FRS 102. The financS3l statements are prepared In sterlln which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. Accountlng Conventlon The financial statements have been prepared under the hlstorlcal cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Going Concem At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Incomlng Resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Cash and other donations are recognised on receipt unless performance conditions require deferral of the amounL Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Investment Income Investment incorne consists of net interest received during the year and accounted for a5 unrestricted fvnd. Resources Expended All expenditure is accounted for on an accrual basis and has been classifled under headings that aggregate costs related to the category. Expenditure is recognised when there is a legal or constructive obligation to make payments to third parties. it Is probable that the settlement will be required. and the amount of the obligation can be measured reliably. The Charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. Costs ofgenerating funds include salary. direct expenditures and overhead costs ofstaff to promote fundraising including events. Governance costs 3re those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements. Resources expended associated to a particular activity are the costs related to that activity.
REsfoRE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCIAL sfATEMENTS NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31¥r DECEMBER 2023 Fund Accountlng Unrestricted fijnds are available for use at the discretion of the trustees in furtherance of their charitable objectives unle55 the funds have been designated for other purposes. Restricted funds are subjectto specific conditions by donors as to howthey may be used. The purposes and uses of the restricted fijnds are set out in the notes to the financial statements. Governance Costs Governance costs are the costs associated with the strategic direction of the or8anisation and with meetln8 regulatory responsibilities including apportioned 5UPPOrt Cost. Tangible Fixed Assets Depreclatlon Is provlded at the following annual rates in order to write off each asset over its estimated useful Ilfe. Freehold Propertv Furniture and musical equipment 20% on cost Ta10n The charity Is exempt from corporation tax on its charitable activities. 2. DONATIONS & OTHER INCOME General Giving & Grants Unrestricted Re5trirted 243 225 2023 2022 3. TOTAL CHARITABLE ACTIVITIES Unre5trlcted Re5trlrted 2023 2022 Charitable expense Support cost Governance cost 194,534 15,635 194,534 52,140 293,873 42,550 36,505 310
RESTORE COMMUNITY TRUSTEES REPORT AND UNAUDJTED FINANCIAL sfATEMENTS OTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Illbl. Analysis of net asset between funds Fund balances as at 31st December Tangible assets 1,312 1,312 Current assets/ Current Liabilitie5 I Ilcl. Analysis of restricted funds in Night to Shine 4.661 1,108 5,624 145 Essex Community Foundatlon 5,000 5,000 Zambia General 101,310 44,808 51,671 94,447 Zambia Sponsorship Zambla Educatlonal Development 96,498 62,403 58,196 100,705 Illdl. Analysis of unrestritted funds Unrestricted Funds Totals
TRUSTEES REPORT AND UNAUDITED FINANCIAL sfATEMENTS DETAILED ATEMENT OF FJNANCtAL ACTIVITIES FOR THEYEARENDED 31sr DECEMBER 2023 Incoming Resources: Donations and legacies General giving & grants- Restricted Other Income- Unrestricted 243,225 443 230.695 Total incoming resources RESOURCES EXPENDED: Charitable Expenditures Salaries and wages Community projects Zambi8 prolert5 Training and education Welfare and donations 71,069 25,018 29,831 63,186 138,789 27.581 31,842 93,878 SUPPORT COST Membership & affiliations Bankcharges Insurance 1,240 823 1,317 765 9,239 2,996 461 1,735 2775 23,962 5,976 1,546 Communications Office, IT &software Depreciation Premises cost 3,908 2,775 14,668 14,033 5,123 Travel and transport Staff related cost Sundry expenses Governance cost Accountancy and examiners Total resources expended Net expendlture