WRAP AROUND SUPPORTING PEOPLE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 WRAP AROUND SUPPORTING PEOPLE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 CONTENTS PAGE Legal and administrative details Trustees report Independent examiners report Accountanls report Statement of financial activities Statement of financial position Notes to the financial statements WRAP AROUND SUPPORTING PEOPLE LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JANUARY 2024 Wrap Around Supporting People is registered with the Charity Commission (Registration number 1167935). Address of charity '. Flat 1 Rosamond Court 1 Rosamond Drive Sheffield S17 4LW Trustees . Mr Martin Rigney Ms Hillary Madin Mrs Gillian Hurst Mr John Allcock Secretary.. Mrs Sarah Bembridge Treasurer '. Mr Paul Grayson Bankers '. HSBC Bank PLC Carmel House 49 - 63 Fargate Sheffield S12HD Accountant . Accountsability {Sheffield) Limited 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 WRAP AROUND SUPPORTING PEOPLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 The trustees present their reporl along with the financial statements of the charity for the year ended 31 January 2024. 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 wilh 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 vtho are r&elecled 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. Activilies 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 r&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. WRAP AROUND SUPPORTING PEOPLE REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024 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 concem 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 and subsequent amendments. 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. Mr John Allcock 26 November 2024 WRAP AROUND SUPPORTING PEOPLE INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WRAP AROUND SUPPORTING PEOPLE FOR THE YEAR ENDED 31 JANUARY 2024 I report on the accounts of the charity for the year ended 31 January 2024. which are set out on pages 6 to 9. Respective responsibilities of trustees and examiner The charitys trustees are responsible for the preparation of the accounts. The charitys 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 and subsequent amendments. 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 examinerfs statement I have completed my examination. I 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 accounting records were not keep in accordance with section 130 or the act or - the accounts do not accord with the accounting records I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Matthew Plumtree FMAAT Accountsability (Sheffield) Ltd Progress House 206 White Lane Gleadless Sheffield S12 3GL 26 November 2024 WRAP AROUND SUPPORTING PEOPLE ACCOUNTANTS REPORT TO THE TRUSTEES WRAP AROUND SUPPORTING PEOPLE FOR THE YEAR ENDED 31 JANUARY 2024 We have prepared the financial statements of Wrap Around Supporting People for the year ended 31 January 2024 on pages 6 10 9. These financial sLqtements have been prepared using the accounting policies set out therein and under the requirements of . the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Statement of Recommended Practice Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) issued on 16 July 2014). This report is made solely to the charitys trustees. Al our accounting work has been undertaken so that we might state to the charitls trustees those matters we are required to state to them in an accountants report and for no other purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone other than Ihe charity and the chariws trustees as a body, for our accounting work, for this report, or for the opinions we have fonned. 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 26 November 2024 WRAP AROUND SUPPORTING PEOPLE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024 2024 2023 INCOMING RESOURCES Rent Grants received Donations, fund raising and other income 303,323 281,245 500 TOTAL INCOMING RESOURCES 303,823 281,245 RESOURCES EXPENDED Rent Rates and water Insurance Light and heat Wages Pension Staff training Repairs and maintenan Food and consumables Cleaning and hygiene Motor and travel expenses Telephone Computer costs Printing, postage and stationery Subscriptions Sundry expenses Audit ar)d accountancy Legal and professional fees Bank charges Depreciation 84,550 10,989 3,055 16,883 72,935 1,336 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 45,187 2,464 1,248 15,093 2,045 348 601 108 344 4,872 6,643 75 242 TOTAL RESOURCES EXPENDED 269,018 239,080 NET INCOMING I {OUTGOING) RESOURCES 34,805 42,165 FUND BALANCES BROUGHT FORWARD 79,043 36,878 FUND BALANCE CARRIED FORWARD 113,848 79,043 WRAP AROUND SUPPORTING PEOPLE STATEMENT OF FINANCIAL POSITION 31 JANUARY 2024 2024 2023 Notf FIXED ASSETS Tangible assets 722 964 CURRENT ASSETS Cash at bank and in hand Prepayments 111,386 7.150 81,786 6,450 118,536 88,236 CREDITORS: Amounts falling due within one year {5,410) {10,157) NET CURRENT ASSETS 113,126 78,079 TOTAL ASSETS LESS CURRENT LIABILITIES 113,848 79,043 FINANCED BY . Accumulated Fund 113,848 79,043 113,848 79,043 WRAP AROUND SUPPORTING PEOPLE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 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 re￿1Vable, 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 Fixtures and fittings 25°/o reducing balance method 250/0 reducing balan￿ method 2 FIXED ASSETS Fixtures & fittings Motor vehicles Total Restricted assets No No COST At 1 February 2023 3,400 1,100 4.500 At 31 January 2024 3,400 1,100 4,500 DEPRECIATION At 1 February 2023 Charge for the year 2,631 193 905 49 3,536 242 At 31 January 2024 2,824 954 3,778 NET BOOK VALUE At 31 January 2023 769 195 964 At 31 January 2024 576 146 722 WRAP AROUND SUPPORTING PEOPLE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 2024 2023 3 CASH AT BANK AND IN HAND HSBC bank account Cash in hand 111,286 100 81,686 100 111,386 81,786 4 CREDITORS FALLING DUE WITHIN ONE YEAR Accruals Trade creditors PAYE Pension Other creditors 4,044 44 399 276 647 3,720 5.706 399 332 5,410 10.157