**Annual Report and Accounts 31 March 2024 Charity Number 1166079**
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**Chair’s Statement Planting the seeds of change How we help Growing through nurture Feedback**
**Metamorphosis in action The butterfly taking flight Future plans The power behind the wings Financial Review**
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**Notes to the financial statements**
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## **Dear Members, Friends, and Supporters,**
As we reflect on the past year at Refreshing Minds, we celebrate a year of true transformation.
Much like the remarkable journey of a butterfly, we have witnessed growth, change, and empowerment in every aspect of our work. “A Year of Metamorphosis” has been a time of sowing seeds, nurturing growth, and embracing the profound shifts that empower our young participants to take flight.
At the heart of our mission, we continue to create opportunities for young girls to unlock their potential and discover their inner strength. Our projects have flourished with the energy and passion of those involved, particularly the Hub of Hope. This initiative, led by young leaders, remains a shining example of how small steps can lead to monumental change. Offering vulnerable girls a safe space, emotional support, and nourishing meals, the Hub has made a lasting difference in their lives.
Our efforts have been guided by the belief that each child has a unique journey, and our programs provide the safe environment and encouragement they need to evolve.
This year, we also witnessed the power of our dedicated volunteers and staff, whose unwavering support ensures that our girls grow, thrive, and emerge as confident, capable young leaders. Many of our volunteers began as participants in our programmes themselves, and through the opportunities and guidance provided, they developed into leaders in their own right, now giving back to the community that once supported them. Their journey of growth and transformation embodies the very essence of our mission, inspiring the next generation to take flight.
As we present our Annual Report, “A Year of Metamorphosis” we are proud of the many milestones we’ve achieved, thanks to the collaborative spirit of our young participants, volunteers, donors, and supporters. Your commitment has been integral to our success, and together we have created an ecosystem of care, empowerment, and opportunity.
Looking forward, we are filled with excitement for what the next stage holds. We remain focused on helping each girl embrace her potential and fly towards new heights.
With your continued support, the metamorphosis of young lives will continue to inspire and uplift our communities.
Thank you for your dedication to this journey of transformation. Together, we will continue to plant seeds, nurture growth, and celebrate the beauty that emerges from it.
Warmest wishes,
Mr. Joel Wider
Chairman of Refreshing Minds
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**Just as an egg holds the future of a butterfly, our mission plants the seeds of change, creating a space for growth and opportunity.**
Refreshing Minds was established in 2016 by a group of concerned mothers addressing the lack of youth programs for local girls. At Refreshing Minds, we empower girls aged 6-16 to discover their talents, build confidence, and share their gifts with others. Through programmes tailored to their needs and aspirations, we provide a safe, supportive environment where every girl can shine.
Our mission is simple: to transform lives by unleashing talents, boosting confidence, and strengthening community.
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**Refreshing Minds has profoundly impacted the lives of the vulnerable children I work with. Their holistic approach fosters confidence, social skills, and overall wellbeing. From productions and extracurricular activities to camps and tailored programs, the results are outstanding.** Mrs P. Labin, SENCO
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## **The Egg:** Opportunity
Refreshing Minds opens doors for girls by offering a safe space where ideas can take root, talents can emerge, and friendships can bloom.
**The Caterpillar:** Growth
Through diverse programmes, girls learn, develop and display their talents, building resilience and gaining confidence along the way.
**The Chrysalis:** Transformation
Girls undergo profound internal change as they partake in programmes that build their emotional well-being and offer a warm environment supported by licensed therapists, volunteers and mentors.
**The Butterfly:** Empowerment
With their newfound skills, confidence, and a sense of belonging, girls can take flight, spreading positive change within their communities.
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##
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Girls impacted Active volunteers
Core projects
14,000 100 45
Nourishing meals Hours of youth support children with SEND
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**Category of Disadvantage Physical Disabilities Neurodivergence & Learning Disabilities Emotional & Psychological Challenges Behavioural & Social Challenges**
**Percentage 2% 40% 35% 23%**
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**83%**
**of beneficiaries said it was their first time performing their talents for the public.**
**87%**
## **74%**
**Of volunteers said that through volunteering they discovered new skills and talents which they did not know they had.**
**Of performers reported feeling more confident in their abilities after participation.**
**97%**
**Of volunteers said they would like to volunteer again for Refreshing Minds.**
**84%**
**Of parents, teachers and carers said their girl is happier and more confident.**
**94%**
**Of beneficiaries said they has gained significant skills in their unique area of talent. Many said that if given the chance they would take this further.**
**100%**
**Of parents/carers said they would like to see their girl perform again with Refreshing Minds’ next year.**
**98%**
**Of girls involved said they feel more connected to their community and culture.**
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##
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## **Hub of Hope Homework & Supper Club**
**Summary:** A safe after school space for girls where they receive academic assistance alongside hot nutritious meals, in direct response to the cost of living crisis.
**Impact:** Improve girl’s academic levels which simultaneously build their confidence as they feel better about their school work. A nutritious meals helps alleviate the stress of hunger which in turn improves their emotional wellbeing.
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## **Breakfast Club**
**Summary:** A morning club where girls receive a kick start to their day through a nutritious breakfast which they prepare themselves. **Impact:** Girls develop practical food skills like meal planning, tablesetting and practical food skills. Nutritious meals in the morning support their focus and concentration in school.
## **Teen Shabbos Zone**
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**Summary:** Weekly session geared for teens includes workshops, structured game or social and facilitated discussions.
**Impact:** Adolescents stay safe and engaged, avoiding potential dangers and troublesome situations by participating in structured, fulfilling, and enjoyable weekend activities.
## **Explore and Empower Retreat**
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**Summary:** A one day retreat for our 40 volunteers in the beautiful countryside of Kent. This includes activities like nature walks, workshops, and team-building games aimed to teach outdoor skills and sustainability. They also plan structured activities and a menu prior to the project. They then cook and prepare their meals during camping.
**Impact:** Volunteers gain valuable outdoor skills while receiving a well-deserved boost of appreciation to continue their impactful work.
## **In the Limelight pantomime**
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**Summary:** 200 girls participate in rehearsals where they practice for a production of song, dance and drama. This is led by 40 volunteers. This production is watched by an audience of 3000 attendants. Additionally 100 girls are involved with the preparation behind the scenes and are involved in the props, murals and sewing costumes.
**Impact:** Girls’ emotional well-being improves as they gain confidence and a sense of accomplishment through showcasing their talents.
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## **Adventure Awaits - annual day trip**
**Summary:** Participants are rewarded for positive behaviour with fun day trips including sightseeing cruises, tobaggoning and Woburn Safari. **Impact:** This form of positive reinforcement encourages future good behaviour and makes participants feel valued and motivated.
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## **Spring Swingout**
**Summary:** A week long enrichment programme during the spring break where girls partake in arts, sports, and social activities with a focus on culture and heritage.
**Impact:** The program enhances girls’ creativity and cultural awareness while fostering social skills and helping them make new friends.
## **Winter Holiday playscheme**
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**Summary:** This project offers girls a range of engaging winter activities, including drama and singing classes, alongside providing hot meals.
**Impact:** This project support girl’s emotional well-being, boost creativity, and ensure they are wellnourished during the winter holiday break.
## **The Great Escape**
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**Summary:** A 2 week summer holiday sleepaway camp in the beautiful countryside of Suffolk for 180 of our beneficiaries. It features a wide range of sports, performing arts, day trips and skill building activities.
**Impact:** The camp improves girls’ confidence by endless opportunities which helps them discover and nurture their talents, helping build up resilience for the upcoming school year.
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Discover how each girl’s journey takes flight, from challenge to transformation.
## **EGG The Challenge**
## **Sara Takes the Stage**
“I never thought I could do that before. I felt safe, and I was proud of myself.” – Sara
Sara, 15, was living in foster care after facing family struggles. She had a low sense of self-worth and was often withdrawn. Her foster family discovered The Great Escape and encouraged her to join, hoping it would offer her new experiences and support.
## **Rosie & Esther’s Holiday of Hope**
“They came home with big smiles and new skills. I’m so impressed by the confidence they gained.”
– Mrs. Cohen, mother of Rosie and Esther
Rosie and Esther, sisters from a single-parent family, had never been able to take part in holiday activities due to financial struggles. Their mother, overwhelmed with work and responsibilities, was worried about how they would spend the spring break.
## **Naomi’s Breakthrough**
“I was amazed to see Naomi calm and still, something we hadn’t seen before. It is amazing how a small rabbit could accomplish more than her therapists.”
A young girl dealing with severe emotional difficulties, was often angry and aggressive. Her behaviour was challenging for both her family and teachers, and she struggled to engage with others in a meaningful way.
– Sarah Lead volunteer
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## **CATERPILLAR The Growth**
## **CHRYSALIS The Transformation**
At The Great Escape, Sara joined in arts and sports activities. She slowly began connecting with others and taking part in group challenges. Her confidence grew through small victories, like speaking up in group discussions and trying new activities.
Sara’s breakthrough came when she bravely sang for the entire group during a talent show. “I never thought I could do that before,” Sara said, her voice trembling but filled with pride. This moment marked a significant shift in her self-esteem, showing her that she could face her fears.
When the girls joined Spring Swingout, they were introduced to new experiences, including arts, crafts, and learning about cultural heritage. The programme gave them structure, support, and a safe space to explore their creativity and build friendships.
By the end of the programme, Rosie and Esther had gained confidence. Rosie proudly told her mom, “I made something beautiful with my hands today. I feel so proud of myself.” Their sense of achievement and joy marked the shift in their self-worth and outlook on life.
Through Farmyard of Relief, Naomi had the opportunity to interact with animals in a therapeutic setting. The experience gave her a calm environment to process her emotions. Over time, she became more patient and began to show an interest in the animals’ wellbeing.
The turning point came when Naomi sat quietly with a rabbit for the first time, focusing on calming the animal. Her group leader recalls, “I was amazed to see Naomi calm and still, something we hadn’t seen before.” This shift in behaviour marked a significant change in how Naomi managed her emotions.
Thank you, Frankie Foundation, for funding the Farmyard of Relief!
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## **Galaxy of Talent 2025**
## **Community Champions**
## **The Oasis**
A new homework and supper club focused on emotional health and academic support. The club will provide individualized plans for each participant, with licensed therapists on a rotational basis offering tailored support. Our goal is to create a nurturing space where girls can excel academically while strengthening their emotional well-being.
An enhanced training programme, known as ‘Meet & Greet’, for 40 volunteers aged 17–21, offering workshops in leadership, teamwork, conflict resolution, and problem-solving, inspired by the Goldstar Soft Skills programme. Participants will gain access to social events, feedback sessions, appreciation awards, and career support. This initiative aims to inspire more volunteers, strengthen community bonds, and create a ripple effect of positive impact.
Our annual performance, with a continued focus inclusivity, ensuring every child is given a role that suits their strengths. We will continue fostering confidence, teamwork, and a sense of achievement for all participants, both onstage and behind the scenes.
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## **Partners in Transformation**
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## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
The Trustees are positive that the activities and surplus reflects a significant increase in the demand and operations of the charity. The Trustees would like to take this opportunity to express their gratitude for all the financial support of our funders and private donors this year.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Reference and administrative details are shown in the schedule of trustees and professional advisors on page 1 of the financial statements.
## **THE TRUSTEES**
The trustees who served the company during the period were as follows: H Krausz
J Wider
T Grunbaum
K M Rapaport
A Lebrecht
All major decisions are taken collectively by the Trustees who meet quarterly. The Trustees are volunteers and details of any related party transactions are disclosed as applicable in the notes to the accounts.
Secretary to the Trustees: Mrs M Landau
Mrs M Landau is the Treasurer and Compliance Officer who ensures Refreshing Minds runs its operations in line with all its governing and operational policies.
4 part-time staff are employed to manage the administration and activities of the charity. This is managed by Market2Success Ltd. We have a team of 25 Volunteer Ambassadors who encourage 40+ young volunteers to be involved in the daily programmes of Refreshing Minds and form the foundation of our work.
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## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Refreshing Minds is constituted under a deed dated 19 August 2014 as amended on 22 Feb 2016. It is a registered charity number 1166079 and was registered on 15 March 2016.
Recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.
## **RISK REVIEW**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.
## **PUBLIC BENEFIT**
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit.
## **RESERVES POLICY**
The Trustees aim to hold unrestricted reserves to cover 6 months of core running costs. In 2024 this was £88,575 and the unrestricted reserves of £56,125 represent 6 months of core costs.
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## **TRUSTEES’ RESPONSIBILITIES STATEMENT**
The charity’s Trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any dmaterial departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate dto presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports( Regulations 2008. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees’ Annual Report was approved on 11 January 2024 and signed on behalf of the board of Trustees by]
Joel Wider Trustee
66 Durlston Road London E5 8RR
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## **NOTES TO THE FINANCIAL STATEMENTS**
I report on the accounts of the charity for the year ended 31 March 2024 set out on pages 18 to 23.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT 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 Act”( and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Act;
- to follow the procedures laid down in the general directions given by the Charity CCommission (under Section 145(5((b( of the Charities Act(; and
- state whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER’S STATEMENT**
My examination was carried out in accordance with the 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.
## **INDEPENDENT EXAMINER’S STATEMENT**
In connection with my examination, no matter has come to my attention:
a( which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with Section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the Caccounting requirements of the Charities Act have not been met; or
b( to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Balazs Nezmi FCCA
JS & Co Accountant Ltd
26 Theydon Road London
E5 9NA
12th January 2025
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## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 MARCH 2024**
|**BA**
**I**
In
P
D
**To**
**R**
Fu
Di
O
**To**
**N**
**R**
**R**
**To**
**T**
FI
Fi
C
D
C
C
N
N
FU
R
U
T|**LANCE SHEET 31-MAR-24**
**Unrestricted**
Notes
£
**NCOMING RESOURCES**
coming resources from generated funds
3
194,718
arental contribution
260,881
onations and Grants
68,248
**tal Incoming resources**
523,847
**ESOURCES EXPENDED**
ndraising Costs
4
32,951
rect charitable activities
5
420,662
ther
6
55,624
**tal resources expended**
509,237
**ET INCOMING/(OUTGOING)**
**ESOURCES**
14,610
**ECONCILIATION OF FUNDS**
**tal funds brought forward**
41,515
**OTAL FUNDS CARRIED FORWARD**
**56,125**
**Notes**
XED ASSETS
xtures & Fittings
7
URRENT ASSETS:
ebtors
ash at bank and in hand
REDITORS: amounts falling due within one year
8
et Current assets/(liabilities)
ET CURRENT ASSETS:
NDS
9
estricted funds
nrestricted funds
OTAL FUNDS|**Unrestricted**
£
194,718
260,881
68,248|**Restricted**
**2024**
**Total funds**
£
£
0
194,718
260,881
140,600
208,848|**Restricted**
**2024**
**Total funds**
£
£
0
194,718
260,881
140,600
208,848|**Restricted**
**2024**
**Total funds**
£
£
0
194,718
260,881
140,600
208,848||**2023**
**Total funds**
£
54,750
419,459|**2023**
**Total funds**
£
54,750
419,459|
|---|---|---|---|---|---|---|---|---|
|||523,847
32,951
420,662
55,624||||||474,209
7,141
420,919
25,419|
|||509,237
14,610||||||453,479
20,730|
|||41,515|0
41,515|||||20,785|
|||**56,125**|**63,968**
**120,093**|||||**41,515**|
||||**£**
15,363|**2024**
**£**
15,363
104,730||||**2023**
**£**
15,153
26,362
41,515
0
41,515
41,515|
||||100,000
8,927||43,038||||
||||108,927
-4,197||43,038
-16,676||||
||||||||||
|||||120,093|||||
|||||63,968
56,125|||||
|||||120,093|||||
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**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
These accounts have been prepared in accordance with the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015). In preparing the accounts, the charity follows best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) issued in March 2005. Where there is a conflict between the FRSSE and the SORP, the SORP has been adopted in accordance with paragraph 419ff of the SORP.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **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:
Fixtures & Fittings 20% reducing balance
## **2. TRUSTEES REMUNERATION AND BENEFITS**
No trustee received remuneration, allowance for or reimbursement of expenses.
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## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2024 (CONTD)**
## **3. INCOMING RESOURCES FROM GENERATED FUNDS**
||||**Total**|**Total**|
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Funds**|**Funds**|
||**Funds**|**Funds**|**2024**|**2023**|
||**£**|**£**|**£**|**£**|
|Parental contribution|194,718||194,718|54,750|
|Donations|260,881||260,881|335,246|
|Grants|68,248|140,600|208,848|84,213|
||523,847|140,600|664,447|474,209|
|**Restricted funds received from:**||**£**|||
|Frankies Foundation For Children||600|||
|Skipton Building Society||2,970|||
|London Borough of Hackney||24,213|||
|Tesco Community Grants||500|||
|Jewish Children Holiday Fund||5,000|||
|The National Lottery Community Fund - A||10,000|||
|Webb Family Charitable Foundation||2,000|||
|Jewish Child’s Day||2,500|||
|The National Lottery Community fund -Mi||10,000|||
|CAF-Bentley Advancing Life||500|||
|All Aboard||250|||
|Haringey Giving||4,640|||
|Rank Foundation||1,000|||
|Hackney Giving||5,060|||
|Caring Family Foundation||6,400|||
|Big Give Trust||41,108|||
|The Childhood Trust||18,509|||
|The National Lottery Commun||4,350|||
|Stagecoach Group PLC||1,000|||
|Total:||**140,600**|||
20
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2024 (CONTD)**
## **4. FUNDRAISING COSTS**
|Fundraising Costs|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Total**
**Funds**
**Funds**
**£**
**Funds**
**£**
**2024**
**£**
**2023**
**£**
32,951
0
32,951
7,141|
|---|---|
||32,951
0
32,951
7,141|
## **5. COSTS OF DIRECT CHARITABLE ACTIVITIES**
|Hub of Hope
Great Escape
Volunteers Meet & Greet
Season Sprinkles
In the Limelight
Buddy Group
Donations given|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Total**
**Funds**
**Funds**
**£**
**Funds**
**£**
**2024**
**£**
**2023**
**£**
101,714
11,820
113,534
251,749
140,000
20,000
160,000
109,189
26,410
10,000
36,410
20,605
43,398
19,812
63,210
14,976
90,380
10,000
100,380
0
12,500
5,000
17,500
24,400
6,260
0
6,260
0|
|---|---|
||420,662
76,632
497,294
420,919|
Average number of employees during the year was 4 (2023 : 4)
21
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2024 (CONTD)**
## **6. GOVERNANCE AND ADMIN COSTS**
|Bank charges
Depreciation
Accountancy fee
Professional fees
Advertising
Training
Printing
Postage
Office supplies
Insurance
Telephone
Travel
Repairs|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
**2023**
2,887
2,887
2,408
3,841
3,841
3,788
1,140
1,140
864
5,183
5,183
7,221
22,600
22,600
0
6,220
6,220
0
1,697
1,697
4,028
2,111
2,111
1,493
2,378
2,378
2,196
584
584
501
3,050
3,050
1,259
1,312
1,312
768
2,621
2,621
893|
|---|---|
||55,624
0
55,624
25,419|
## **7. FIXED ASSETS**
|**COST:**
At 1 April 2023
Additions
At 31 March 2024
**DEPRECIATION:**
At 1 April 2023
Charge for year
At 31 March 2024
**NET BOOK VALUE:**
At 31 March 2024
At 31 March 2023|**£**
18,941
4,051
22,992
3,788
3,841
7,629
15,363
15,153|**£**
18,941
4,051|
|---|---|---|
|||22,992|
|||3,788
3,841|
|||7,629
15,363|
|||15,153|
22
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2024 (CONTD)**
## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other Creditors
Accruals||**2024**
**£**
3,057
1,140
4,197|**2023**
**£**
15,812
864
16,676|
|---|---|---|---|
## **9. MOVEMENT IN FUNDS**
|**Restricted funds**
General fund
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Restricted funds**
General fund
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds,
included in the above are as follows:|**At 1.4.23**
**Net movement**
**in funds**
**£**
**£**
0
63,968
41,515
14,610
41,515
78,578
**Incoming**
**Resources**
**Resources**
**expended**
**£**
**£**
140,600
76,632
523,847
509,237
664,447
585,869|**At 31.03.24**
**£**
63,968
56,125|
|---|---|---|
|||120,093|
|||**Movement in**
**funds**
**£**
63,968
14,610|
|||78,578|
## **10. TAXATION**
Refreshing Minds is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
23
## **REGISTERED CHARITY NAME**
Refreshing Minds
## **CHARITY NUMBER**
1166079
## **PRINCIPAL OFFICE**
66 Durlston Road London E5 8RR
## **TRUSTEES**
H Krausz J Wider T Grunbaum K M Rapaport A Lebrecht
## **INDEPENDENT EXAMINER**
Balazs Nezmi FCCA JS & Co Accountants Ltd 26 Theydon Road London E5 9NA
## **BANKERS**
NATWEST 198 Stoke Newington High St London N16 7GA