WRAP AROUND SUPPORTING PEOPLE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
WRAP AROUND SUPPORTING PEOPLE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
| 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 2025
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 : Ms Hillary Dennis-Madin Mrs Gillian Hurst Mr John Allcock Mr Martin Rigney - Ceased - 270425 Treasurer : Mr Paul Grayson Bankers : HSBC Bank PLC 22 The Moor Sheffield S1 4PA Accountant : Accountsability (Sheffield) Limited Progress House 206 White Lane Gleadless Sheffield S12 3GL Independent Examiner : Matthew Plumtree FMAAT Accountsability (Sheffield) Limited 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 2025
The trustees present their report along with the financial statements of the charity for the year ended 31 January 2025. 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
Despite a small increase in revenue the charity has made a small financial loss this year. Significant investment in property renovations as well as increases to rent, rates and wages costs have all attributed to this loss incurred. However, the trustees firmly believe that this transition year in terms of profits has significantly improved it's infrastructure and has left the charity in a very good position to help more residents
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 2025
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 :
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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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 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 21 July 2025
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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 2025
I report on the accounts of the charity for the year ended 31 January 2025, 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 :
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examine the accounts under section 145 of the 2011 Act and subsequent amendments.
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to follow the procedures laid down in the general directions given by the charity commission under section 145(5)(b) of the 2011 Act.
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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
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 :
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accounting records were not keep in accordance with section 130 or the act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which 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
21 July 2025
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WRAP AROUND SUPPORTING PEOPLE
ACCOUNTANTS REPORT TO THE TRUSTEES WRAP AROUND SUPPORTING PEOPLE
FOR THE YEAR ENDED 31 JANUARY 2025
We have prepared the financial statements of Wrap Around Supporting People for the year ended 31 January 2025 on pages 6 to 9. These financial statements have been prepared using the accounting policies set out therein and under the requirements of :
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the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and :
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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 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
21 July 2025
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WRAP AROUND SUPPORTING PEOPLE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JANUARY 2025
| Note INCOMING RESOURCES Rent 6 Donations, fund raising and other income TOTAL INCOMING RESOURCES RESOURCES EXPENDED Rent Rates and water Insurance Light and heat Manager Wages 5 Support Worker Wages 5 Pension Staff training Repairs and maintenance Food and consumables Cleaning and hygiene Vehicle Repair and Servicing Vehicle Fuel Vehicle Licences Vehicle Insurance Miscellaneous Vehicle Expenses Telephone Computer costs Printing, postage and stationery Subscriptions Sundry expenses Audit and accountancy Legal and professional fees Bank charges Depreciation TOTAL RESOURCES EXPENDED NET INCOMING / (OUTGOING) RESOURCES FUND BALANCES BROUGHT FORWARD FUND BALANCE CARRIED FORWARD |
2025 £ 302,099 6,464 308,563 94,050 13,622 4,510 22,016 25,480 57,413 1,522 786 57,873 1,645 1,165 3,031 7,409 1,320 8,221 614 2,277 - 522 99 333 4,454 200 75 1,849 310,486 (1,923) 113,848 111,925 |
2024 £ 303,323 500 303,823 84,550 10,989 3,055 16,883 24,369 48,566 1,336 - 45,187 2,464 1,248 2,548 6,993 460 5,057 35 2,045 348 601 108 344 4,872 6,643 75 242 269,018 34,805 79,043 113,848 |
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WRAP AROUND SUPPORTING PEOPLE
STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025
| Note £ £ FIXED ASSETS Tangible assets 2 59,041 CURRENT ASSETS Cash at bank and in hand 3 51,096 Prepayments 7,900 58,996 CREDITORS: Amounts falling due within one year 4 (6,112) NET CURRENT ASSETS 52,884 TOTAL ASSETS LESS CURRENT LIABILITIES 111,925 FINANCED BY : Accumulated Fund 111,925 111,925 2025 |
£ £ 722 111,386 7,150 118,536 (5,410) 113,126 113,848 113,848 113,848 2024 |
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WRAP AROUND SUPPORTING PEOPLE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
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% Fixtures and fittings 25% Computer Equipment 25% 2 FIXED ASSETS COST At 1 February 2024 Additions Disposals At 31 January 2025 DEPRECIATION At 1 February 2024 Charge for the year At 31 January 2025 NET BOOK VALUE At 31 January 2024 At 31 January 2025 |
reducing balance method reducing balance method reducing balance method Computer Fixtures Motor Land Total equipment & fittings vehicles & buildings £ £ £ £ £ - 3,400 1,100 4,500 2,204 2,064 2,400 53,500 60,168 - - - - 2,204 5,464 3,500 53,500 64,668 - 2,824 954 - 3,778 552 660 637 - 1,849 552 3,484 1,591 - 5,627 - 576 146 - 722 1,652 1,980 1,909 53,500 59,041 |
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WRAP AROUND SUPPORTING PEOPLE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
| 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 Other creditors 5 WAGES PAID Deborah Hall Shelby Postans Dawn Morton John O'Brien Mark Holdsworth Employers NIC 6 BREAKDOWN OF INCOME RECEIVED Donations and other income received 1-5 Elm Green Rent 41 Schofield Street Rent 51 Schofield Street 81 Schofield Street 12 York Street 7 AVERAGE NUMBER OF TENNATS Average Number of Tenants during the year 8 OCCUPANCY RATE Average occupancy rate of the properties throughout the year - 9 - |
2025 £ 50,996 100 51,096 4,280 724 1,108 - - 6,112 25,480 21,840 9,840 21,840 3,397 496 82,893 6,464 198,026 12,538 32,630 36,436 22,469 308,563 23 23 85.19% |
2024 £ 111,286 100 111,386 4,044 44 399 276 647 5,410 24,369 20,171 8,069 20,326 - - 72,935 24,463 190,645 25,993 37,103 25,619 - 303,823 22 22 91.67% |
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