WRAP AROUND SUPPORTING PEOPLE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023
WRAP AROUND SUPPORTING PEOPLE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
| CONTENTS | PAGE |
|---|---|
| Legal and administrative details | 1 |
| Trustees report | 2 - 3 |
| Independent examiners report | 4 |
| Accountants report | 5 |
| Statement of financial activities | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 - 9 |
WRAP AROUND SUPPORTING PEOPLE
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 JANUARY 2023
Wrap Around Supporting People is registered with the Charity Commission (Registration number 1167935).
| Address of charity : | 1 Rosamond Court |
|---|---|
| 1 Rosamond Drive | |
| Sheffield | |
| S17 4LW | |
| Trustees : | Mr Darren Bembridge |
| Mrs Sarah Bembridge | |
| Ms Phillippa Proctor - Resigned 13.12.22 | |
| Mrs Dawn Haywood | |
| Mrs Joanne Jow | |
| Mr Clive Speight | |
| Mr Martin Rigney - Appointed 19.10.22 | |
| Honorary Trustee : | Mr John Allcock |
| Secretary: | Mrs Sarah Bembridge |
| Treasurer : | Mr Paul Grayson |
| Bankers : | HSBC Bank PLC |
| Carmel House 49 - 63 Fargate | |
| Sheffield | |
| S1 2HD | |
| Accountant : | Accountsability (Sheffield) Ltd |
| Progress House | |
| 206 White Lane | |
| Gleadless | |
| Sheffield | |
| S12 3GL | |
| Independent Examiner : | Matt Plumtree FMAAT |
| Accountsability (Sheffield) Ltd | |
| Progress House | |
| 206 White Lane | |
| Gleadless | |
| Sheffield | |
| S12 3GL |
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WRAP AROUND SUPPORTING PEOPLE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JANUARY 2023
The trustees present their report along with the financial statements of the charity for the year ended 31 January 2023. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts which can be found on page 8.
Constitution and objectives
The charity was registered on 29 June 2016 with the number 1167935.
The objectives of the charity is the rehabilitation of ex-offenders for the benefit of the public by:-
(a) providing accommodation and offering advice and assistance on housing and accommodation.
(b) providing a referral service to third party agencies.
(c) provision of staff to inspire and counsel individuals to build better lives and relationships to their optimum potential, or personal satisfaction, in supportive non-judgmental and anti-discriminatory environments and creating an environment and atmosphere to enable success and the removal of obstacles and barriers to transformation.
Organisational structure
The trustees who served the charity during the year and who are re-elected annually are shown on page 1.
The charity is responsible for maintaining the premises and grounds in a suitable state of repair. It raises income through funding for rent from the Doncaster Metropolitan Borough Council.
Financial review
This financial year we have exceed all expectations generating a profit which we intended to re-invest into the properties creating a better environment for the residents to live.
Activities review
The charity has continued to make it a priority to provide more assistance to the residents including mentoring and assistance to get the residents to the following: the hospital, the doctors, the dentists, probation and drug and rehabilitation clinics.
The charity plans to be able to offer more accommodation in line with demand and further staff will be required to keep the high standards we offer.
Our assistance continues to pay dividends as the number of re-offenders is still very low.
Reserves policy
The charity does not currently have any restricted funds.
Risk management
The trustees are aware of the environmental, operational and financial risks which the charity faces and regularly reviews those risks to mitigate against any impact that they may have on the charity.
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WRAP AROUND SUPPORTING PEOPLE
REPORT OF THE TRUSTEES (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2023
Statement of trustees responsibilities
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 charities financial activities during the year and of it's financials position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and :
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
C Speight
Mr Clive Speight 28 November 2023
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WRAP AROUND SUPPORTING PEOPLE
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WRAP AROUND SUPPORTING PEOPLE
FOR THE YEAR ENDED 31 JANUARY 2023
I report on the accounts of the charity for the year ended 31 January 2023, which are set out on pages 6 to 9.
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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to :
-
examine the accounts under section 145 of the 2011 Act.
-
to follow the procedures laid down in the general directions given by the charity commission under section 145(5)(b) of the 2011 Act.
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
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 you as 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 :
(1) 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 2011 Act
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M Plumtree
Matthew Plumtree FMAAT Accountsability (Sheffield) Ltd Progress House 206 White Lane Gleadless Sheffield S12 3GL
28 November 2023
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WRAP AROUND SUPPORTING PEOPLE
ACCOUNTANTS REPORT TO THE TRUSTEES WRAP AROUND SUPPORTING PEOPLE
FOR THE YEAR ENDED 31 JANUARY 2023
We have prepared the financial statements of Wrap Around Supporting People for the year ended 31 January 2023 on pages 6 to 9. These financial statements have been prepared using the accounting policies set out therein and under the requirements of the Financial Reporting Standard for Smaller Entities (effective April 2008) and the statement of recommended practice for accounting and reporting by charities 2005 (SORP 2005).
This report is made solely to the charity's trustees. All our accounting work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an accountants report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our accounting work, for this report, or for the opinions we have formed.
In accordance with the instructions of the trustees we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Accountsability (Sheffield) Limited
Progress House 206 White Lane Gleadless Sheffield S12 3GL
28 November 2023
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WRAP AROUND SUPPORTING PEOPLE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JANUARY 2023
| INCOMING RESOURCES Rent Grants received Donations, fund raising and other income TOTAL INCOMING RESOURCES RESOURCES EXPENDED Rent Rates and water Insurance Light and heat Wages Pension Therapy and counselling Staff training Repairs and maintenance Food and consumables Cleaning and hygiene Motor and travel expenses Telephone Computer costs Printing, postage and stationery Subscriptions Sundry expenses Audit and accountancy Legal and professional fees Bank charges Profit/ loss on disposal of asset Depreciation TOTAL RESOURCES EXPENDED NET INCOMING / (OUTGOING) RESOURCES FUND BALANCES BROUGHT FORWARD FUND BALANCE CARRIED FORWARD |
2023 £ 281,245 - - 281,245 79,650 9,775 2,599 12,269 61,961 1,288 - 2,513 38,284 2,210 801 13,633 1,621 678 237 126 591 5,815 4,640 66 - 323 239,080 42,165 36,878 79,043 |
2022 £ 222,003 14,517 1,002 |
|---|---|---|
| 237,522 | ||
| 71,800 7,764 4,014 11,116 67,040 1,795 210 275 22,259 446 636 12,734 1,531 294 517 649 371 7,983 3,240 84 (19) 430 |
||
| 215,170 22,352 14,526 |
||
| 36,878 |
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WRAP AROUND SUPPORTING PEOPLE
STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023
| Note FIXED ASSETS Tangible assets 2 CURRENT ASSETS Cash at bank and in hand 3 Prepayments CREDITORS: Amounts falling due within one year 4 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FINANCED BY : Accumulated Fund |
£ £ £ £ 964 1,287 81,786 32,196 6,450 6,400 88,236 38,596 (10,157) (3,005) 78,079 35,591 79,043 36,878 79,043 36,878 79,043 36,878 2022 2023 |
£ £ £ £ 964 1,287 81,786 32,196 6,450 6,400 88,236 38,596 (10,157) (3,005) 78,079 35,591 79,043 36,878 79,043 36,878 79,043 36,878 2022 2023 |
|---|---|---|
| 36,878 | ||
| 36,878 | ||
| 36,878 |
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WRAP AROUND SUPPORTING PEOPLE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
1 ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention.
Income
Income from the activities of the charity is the gross amount receivable, less refunds.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
| Motor vehicles | 25% reducing balance method | ||
|---|---|---|---|
| Fixtures and fittings | 25% reducing balance method | ||
| 2 FIXED ASSETS | Fixtures | Motor | Total |
| & fittings | vehicles | ||
| Restricted assets | No | No | |
| £ | £ | £ | |
| COST | |||
| At 1 February 2022 | 3,400 | 1,100 | 4,500 |
| At 31 January 2023 | 3,400 | 1,100 | 4,500 |
| DEPRECIATION | |||
| At 1 February 2022 | 2,374 | 839 | 3,213 |
| Charge for the year | 257 | 66 | 323 |
| At 31 January 2023 | 2,631 | 905 | 3,536 |
| NET BOOK VALUE | |||
| At 31 January 2022 | 1,026 | 261 | 1,287 |
| At 31 January 2023 | 769 | 195 | 964 |
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WRAP AROUND SUPPORTING PEOPLE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
| 3 CASH AT BANK AND IN HAND HSBC bank account Cash in hand 4 CREDITORS FALLING DUE WITHIN ONE YEAR Accruals Trade creditors PAYE Pension |
2023 £ 81,686 100 81,786 3,720 5,706 399 332 10,157 |
2022 £ 12,064 100 |
|---|---|---|
| 12,164 | ||
| 4,340 738 398 - |
||
| 5,476 |
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