J-NNUAL I li ## CO N TE N TS |Key Information|3| |---|---| |Governance and Management|4| |Our purpose|5| |Our values|6| |Welcome|7| |Strategic Report|9| |Walk Centre|11| |Bridgegate|13| |Outcomes|15| |Prison|17| |Days Out|19| |Volunteering|21| |Groups|23| |The Journey|25| |Funding|27| |Minibus|29| |Stella|30| |Partners & Guests|31| |Conferences|33| |Digital Review|35| |Training|37| |#The96HourChallenge|39| |The Year Ahead|41| |Reserves Policy|42| |Financial Planning|42| |Financial Review|42| |Independent Auditors Report|43-47| |Statement of Financial Activities|48| |Statement of Financial Position|49-50| |Statement of Cash Flows|51| |Notes to the Statement of Cash Flows|52| |Notes to the Financial Statements|53-67| 2 ## K E Y INF O RM AT I ON ## Walk Ministries The Walk Centre Phoenix Street Tunstall ST6 5AH Organisation Type: Charitable Incorporated Organisation (CIO) Charity Number: 1168547 **Whoever follows me will never walk in darkness, but will have the light of life.** ## **-John 8:12** > www.walkministries.org.uk f¥O @wearewalkuk info@walkministries.org.uk ## Trustees Wayne Gough (Chair) Howard Pickering Philip Jeremy Barber Peter Flynn ## Key Management Simon Edwards (CEO) Karen Edwards (COO) ## Bankers Lloyds Bank 7 Carter Street Uttoxeter ST14 8HD ## Accountants B&R Partners Riverside Mill Mountbatten Way Congleton Cheshire CW12 1DY ## Auditors DPC Accountants Ltd Stone House Stone Road Business Park Stone Road Stoke-on-Trent ST4 6SR ## **Governance and Management** The charity is governed by its CIO constitution document and was registered with the charity commission on 1st August 2016. Under the constitution the trustees must be appointed for a term of one year by a resolution passed at the trustee meeting. Trustees are recruited from those who have an interest in the work of the charity and have skills to benefit the charity ’s work. All trustees are briefed in the operation of the charity when appointed. The CEO, has day to day responsibility for the running of the charity and is supported by a Senior Management team including, the COO, Operations Manager, Finance Officer, and Administrations Manager. The CEO reports to the chair of the trustees and provides detailed updates at quarterly meetings, where they also receive comprehensive financial information. 4 3 O UR VA LU ES ## OUR PU RPOSE ## **Public Benefit Statement** The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commissions general guidance on public benefit, ‘Charities and Public Benefit‘. ## **Objectives and Activities** To promote the rehabilitation of released prisoners or individuals who are at risk of being imprisoned; to enable them to live a more structured life by such means as the trustees think fit including the provision of housing, training, advice, support, and counselling with a Christian ethos. HELPING MEN ON THEIR JOURNE Y TO FREEDOM & HELPING THE CHURCH TO W ELCOME MEN HOME HU M ILIT Y SE RVA NT HO O D U N IT Y & PE ACE CO MPASSION 5 Ww 5 6 ## W E LCOM E It has been a busy, exciting and blessed year. Thank you for reading our annual report. We hope you enjoy hearing about what has been happening and what we have achieved. main hub and offices. It’s a huge milestone in Walk’s journey and we are extremely grateful to the YMCA North Staffordshire for all of their support over the years to help us achieve this. We also saw the opening of Bridgegate our new detox home. The culmination of six years of learning and development in supporting men through detox has led us to this point. Our larger and beter equipped building will enable us to continue to support current residents in the programme should they relapse. Detox continues to be a vital resource for rehabilitation of men leaving the prison system and is key in men journeying into freedom from addiction. This year we have further developed our partnerships with other agencies within our city and local prisons, increasing our profile as a charity and increasing the awareness of Walk and the support available to those leaving prison and at risk of being imprisoned. more lived experience roles which are impacting individual lives. The challenges of responding to residents needs post release has been met by expanding our programme holistically by introducing more groups; art, creative writing, wellbeing, and visits from our therapy dog. We are enjoying the journey that God has us on and remain grateful for the opportunities he provides us at Walk. Wayne Gough Chair of Trustees 7 ## S T R AT EG I C R EPO R T "I found my purpose at Walk. Before I always relied on my skills, what I could do. Here I learned to be confident in who I am." > **The trustees present their report and the** me, , a3 ie _ ‘hei “poets OATES **financial statements for the year ended July 2023** 10 ## T H E WA L K C E N T R E Afer eight years of being in our main hub in Tunstall, in November, we signed the doted line to purchase The Walk Centre. This year we continued with more building work... ## **NEW OFFICE** manager. The new area gives Charmaine a quiet environment to work on important funding bids. ## **CHAPEL AND TRAINING ROOM** In the previously unused space behind the kitchen, we installed a staircase that connects the top part of the building to the botom warehouses. This will allow us to continue planned renovations. now plastered, painted, and ready to be furnished. The chapel room will be a reflective and peaceful space for prayer and quiet time. We have given the training room a much needed improvement. Removing the old roof tiles and restoring the wooden beams means that the space is considerably brighter and more welcoming. The training room is used daily, not only as a space to run groups in, but also as a social space where our residents can gather together. 12 11 ## BRIDGEGATE On 23rd August 2022 Bridgegate opened it’s doors to welcome in residents! Our new property provides a beautiful home for up to seven men for the duration of their detox. Bridgegate is supported 24/7 by two staff members with lived experience. A programme of activities such as art, gardening, cooking, Bible studies, wellbeing groups, and days out create a weekly schedule which has been carefully designed to encourage physical and mental recovery, while helping residents to establish a routine and adjust to living together in a family environment. Since opening, we have worked hard to improve the building and believe that rehabilitation accomodation should be of the finest standard. The men in our care deserve to feel loved, appreciated, and valued. They deserve a comfortable home which they feel safe in and can be proud of. We have updated the garden area, adding allotments, raised vegetable beds, and a herb garden to begin the adventure of growing our own produce. We have added outdoor exercise equipment and activities to benefit their physical health. Outdoor space is especially valuable to our residents mental health. On the inside of the building we have painted throughout and, thanks to generous funding, have been able to update the furniture with new matresses, sofas, and bean bags creating spaces for socialising. 7 13 el ele ## O U TCOM E S Once a year we conduct an assessment of previous year’s residents current situations, tracking whether they are in or out of prison, their accomodation, and if they are still free from addiction. We record this information every year for the previous five years arrivals. 89% **of previous residents are currently out of prison** 5 4 % **of previous residents are not using drugs or alcohol** 9 1 % **of previous residents are still on a faith journey** 9 3 % REFERRALS ARRIVALS **109 71** ARRIVED INTO DETOX COMPLETED DETOX **32 22** We also collect case studies on a regular “I’m now working as an assistant in a school. That basis, here are some would not have been responses from our possible without the trust residents. and opportunities the team at Walk have given me.” “Jesus has forgiven me and set me free. I never thought I’d be the one saying it, but I am, and it’s brilliant.” of previous residents are in stable accomodation 8 6 % **of previous residents are working or volunteering** “When I got to Walk it took me some time to come through the rehab but I was out on the painting team within a few weeks. I knew early on that I wanted to do some support work, but I waited until I was asked to start that part of my journey. Fast forward a year and I now have a full time job. I am on the other side of the madness that I used to be in.” 15 ## PR I SON ## **We have a team dedicated to supporting men through the gates and engaging with them prior to their release.** This work includes writing to men currently in prison, communicating with them throughout the referral process, and visiting them to complete interviews and share more about the programme that we offer. It is important for men to understand the heart of Walk, and for us to build the relationship before they come so that we can be a friendly face to pick men up on their release. "Being at Walk has restored my hope. I am learning new skills, I am in a great church, and I am surrounded by the support of everyone in the ministry." We also send copies of our magazines and journey books into prisons to spread hope and connect with potential residents, chaplaincies, and prison services. It is a privilege to have been invited into various prisons across the UK to participate in chaplaincy services and share our journey. Even if a man never joins the Walk programme, these visits are a ray of hope bringing healing and solace to prisoners. It lets them know that they are valued, loved, and have not been forgoten by the outside world. **----- Start of picture text -----**
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different prisons
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**47 visits to prisons** **460 letters and emails written to men currently in prison** **25 men picked up from the gates** *August 2022 - July 2023 WY 17 **----- Start of picture text -----**
DAYS OUT
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We took our residents from the recovery home for some bowling and food. It was a great opportunity for the residents to spend time together as a family, and have fun. Walking with Walk - On 1st April, we invited friends and family of walk to join us for a lap of Rudyard Lake. It was great to see and spend time with our community including our resident‘s families and friends who we believe should feel a part of the wider Walk family. In June the ladies at Walk enjoyed a day out to Cotesbrookshires Horse Centre. They admired the horses, had lunch, and enjoyed some shopping time at a local farm shop. Ice Skating - On the 14th December we took both the detox and recovery home for an ice skating trip. We managed to return everyone in one piece despite some residents spending more time on the floor than upright! We had a day of laughing together, making new memories, and sharing new experiences. 19 20 ## VO LU N T E E R I N G Volunteering is at the heart of who we are. Our existing partnerships enable Walk to send our residents into trusted places to gain essential skills and experience. One of our core values is servanthood. This means offering help, geting stuck in, and not seeing any job as beneath you. Walk was built by volunteers, and volunteering has remained important throughout the years. These skills and experience prepare residents to partake in part-time employment. Your voluntary journey starts at Walk on the cleaning team which services projects across the city and at Rudyard Lake where we assist their team in maintaining the landscape. W 22 21 **WELLBEING SESSIONS** ## GROUPS ## **CREATIVE GROUPS** Our digital vibe manager Hero runs weekly creative sessions aimed at encouraging residents to embrace and exercise their artistic abilities. We grab a brew, and put some quiet music on to create a relaxed environment where creativity can flow. Our programme includes a weekly wellbeing group at Bridgegate Detox Home. The session encourages our residents to take care of their mental health. Charmaine facilitates important, helpful, and encouraging discussions about ways in which we can enhance our mental wellbeing and avoid , negative habits and thinking. From art therapy to creative writing, we give our residents the opportunity to explore their journey, thoughts, and emotions using innovative methods. Alongside writing, we offer painting, colouring, collaging, drawing, oil pastels, and origami. Residents are encouraged to make the most of a session of escapism and creativity. ## COUNSELLING Our residents benefit from recieving counselling sessions at the Walk Centre. ## **RECOVERY GROUPS** We run regular groups both at our centre and at both the detox and recovery homes which focus on individual recovery. These groups are run by support workers with lived experience. They provide an important space for residents to share any struggles they may be facing on their journey, but also be encouraged through positive discussions. Over a course of three sessions, each resident gets an opportunity to speak to a counsellor and address their unique needs and concerns helping them to transition into their Walk journey. 24 The Journey Book has been a work in progress for over two years. Our Chief Operations Officer, Karen, had the idea to create a book which takes the reader through the outward process of Walk, but the inward journey of healing that our residents go on. of hope from residents past and present, staff, and friends of Walk. It is a privilege to be able to send The Journey book out to partners, churches, and prisons across the UK to share our story and spread hope. 25 26 ## Fundin g **We are immensely grateful to our Trust and Foundation partners, many of whom have provided successive grants enabling us to support our residents. We are also extremely grateful to our supporters and individual donors.** ## **CORE COSTS** Subsidise the core costs of running Walk such as vehicle usage, mortgage payments, maintenance, staffing costs and more. ## **HIKING GEAR** Equip men with suitable hiking clothing and footwear meaning that they can take on more challenging hikes and visit more nature spots around Stoke-onTrent. Their weekly walk gives residents the opportunity to wind down from their busy weeks and spend time together as a house. ## **FISHING** they are able to take a day out to relax, try a new hobby, and spend time with a support worker. ## **BUS PASSES** Provide bus passes which assist residents being able to travel between their homes, placements, Church, and the Walk Centre. ## **TOWELS** Welcome new residents with a towel and a toiletry pack on arrival to make residents feel valued, and give them a clean and fresh start. WY 27 ## M i nibus Our last minibus was born in 1987 and afer years of serving us well, passed away last year. With the opening of Bridgegate detox home, it was important that we have an additional vehicle that will be used to transport residents to probation, medical appointments, church, voluntary placements and on days out. Afer an online fundraising campaign and a generous amount of funding, we were able to secure a great vehicle which the previous owners (Glasgow Police Service) kept clean, well serviced, and low on mileage. We are enjoying seeing the funny side of a charity that was set up to bridge the gap between prison and ‘the real world’ now utilising an old police van, but as is ofen said, sometimes life comes full circle. ## **“We are in a police minibus and not one of us is in handcuffs – only God can do that.”** Declan, Walk Resident ## Ste l l a therapy dog who makes fortnightly visits to the detox home. time around a therapy dog, whether it be walking, peting, or grooming, many people report both mental and physical benefits. These can include improved mood, lower blood pressure, and reduced feelings associated with anger, anxiety, and loneliness. Stella is a gentle and loving dog , who brings a sense of calm into the house from the moment she arrives. WY 30 ## Par tners & Guests We are aware that our work does not exist in a vacuum, and we are proud to be in partnership and to work collaboratively with such a wide range of excellent and expert organisations and professionals. We have a wide range of partnerships and collaborate with many organisations where our approach and aims align. ## ALLAN LANGHAM Allan is an evangelist and the author of ‘Taming of a Villain‘. He describes himself as a former professional rugby league player with a promising future, who threw it all away on the path of drinks, drugs and organized crime. Allan joined us for a Bible Study where he shared his story of a dramatic encounter with Jesus that led to a change in his lifestyle. ## BARRY WOODWARD As well as being a regular guest speaker at our weekly Bible Studies‚ this year, Barry has ran a two-day workshop with many of our residents on ‘Turning your mess into a message‘. This course encourages the men to tell their stories of hope. ## **ALISON FENNING** Alison, with her husband Richard, runs Mission on the Move, a pioneering/ evangelistic organisation that reaches people in dark places and equips other people to do the same. Alison ran sessions around breaking free from addiction, handling anxiety, rejection, and the freedom of forgiveness. She expertly created a safe space for our residents to share their experiences and recieve prayer and guidance. ## **KEELE UNIVERSITY** Professor Mary Corcoran and her colleague Charlie Weinberg visited Walk to deliver an interactive workshop on the importance of community in recovery. 31 32 ## Conferences y ## **FIXED 2022** In November all of our residents went to Bolton for the 2022 Fixed Conference. The day, orchestrated by Barry Woodward and The Proclaim Trust, is a conference for recovering addicts and people with a heart for addicts. Vibrant worship and a host of interesting speakers including Paul Lloyd, Clyde Thomas, and Trudy Makepeace, made the day a brilliant experience for all of our residents. ## **WE ARE MEN UNITED 2023** On July 22nd we hosted a We Are Men United breakfast. Over 80 mighty men gathered at Biddulph Life Stream Church for food, fellowship and fellowship before a morning of incredible worship, and an encouraging message from award winning author Gram Seed. The breakfast was cooked by a team of volunteers who served with a smile. # ;. 34 ## Di git al Rev iew ## **Digital reach is important as we are able to reach potential new residents and partners and show them an insight to life at Walk.** ## **Over the past year our digital presence has continued to grow and reach a larger audience.** - Our social media channels (Facebook, Instagram, Twiter, and TikTok) continue to grow in following and engagement achieving higher than the benchmark. These pages are a great way for potential residents and partners to gain insight into the day to day life at Walk, and see a snapshot of the activities, groups, and volunteering that form our programme. The website is where we share the heart of Walk, and invite partners and potential residents to find out more about our charity and the work that we do. Our website clearly describes the referral process and general criteria for entering Walk. We also have pages to describe the support that residents can expect from us and a frequently asked questions page to answer any questions. *Figures for March 1st-29th 2022 (Facebook) 239 visitors each month. This year we created a TikTok account (@wearewalkuk) to show a more fun side of Walk where residents get involved in challenges, and staff create humerous videos in our centre. As TikTok has grown in popularity, we have enjoyed keeping up with the trends and creating entertaining short video content to promote Walk. 35 ## **Tr ai n i** ivr **n g** ## OUTCOURSE The outcourse is a series of interactive sessions that all residents are required to attend as part of their recovery journey. The topics covered in the outcourse are all intended to prepare residents for the transition back to ‘the real world‘. Our training manager Steve, alongside a support worker, covers topics such as; boredom and loneliness, relationships, getting ready for work, citizenship, and self-esteem. STAFF TRAINING In March our staff and volunteer support ~~,~~ workers spent the day recieving training at ~~:~~ Rudyard Lake. We discussed values, identity, boundaries,and risk assessment. We also enjoyed lunch together and a boat 7 ride around the lake spending essential time together building relationships as a team. ## FIRST AID COURSE ## DESIGN TRAINING Our design and communications officer took part in training to advance her skills on Adobe‘s creative platforms. The training will be used to maintain the high standard of our print products and digital presence. Our staff and volunteers participated in an emergency first aid course to refresh their first aid skills. They learned about the imporance of knowing life-saving first aid and practiced CPR, using an AED, and placing casualties in the recovery position. at\\he = 38 37 ## #THE **96HOUR** CHALLENGE ## 7 Mighty Men 206 miles £2947 Raised ## **“It was the most challenging thing I‘ve ever done, but also the most rewarding thing.“** -Gareth, Walk Resident This year’s #96hourchallenge was definitely our toughest challenge yet. With no money and no pre-arranged shelter apart from the tents they carried with them, our CEO Simon Edwards and a team of six residents batled through punctures, illness, bad weather, and treacherous terrain as they cycled the canals from our centre in Tunstall to Park Lane in London. The team lef the Walk Centre at 6am on the Friday morning and reached London at 11pm on Sunday evening. While they faced many struggles along the way, we were again blown away by the generosity of the public who blessed them with food, shelter, and donations. They raised an incredible £2947 that went to The Proclaim Trust, a charity whose primary function is to communicate a message of hope in communities and prisons across the UK, and was used to feed over 100 people across Walk and partner charities over Christmas and New Year. 40 39 ## T he Yea r A h ea d In the year ahead we will continue to prioritise improving ‘The Walk Centre’ our main hub. Developing new spaces with the centre and making improvements to the building is important for it’s maintenance and use. Walk is now 10 years old, and many of our trustees who have been with us for a long time are looking to retire, so we will focus next year on recruiting some new trustees who will bring new energy to the board. Operationally, we will continue to develop our lived experience support worker roles, creating new pathways for residents to gain new skills and employment. - “Walk gave me my life back. I wake up with a smile on my face, God by my side, and a clear purpose for my life.” -Andrew, Walk Resident ## Reserves Policy The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to operational needs and ensure that support and governance costs are covered. ## Financial Planning and Monitoring Detailed budgets are produced prior to the commencement of the year to establish the level of funding required to cover expenditure, this enables us to set targets for our funding strategy and to secure funds required. Management accounts are generated monthly providing key information for financial operations. ## Financial Review Review of Year ended 31st July 2023 represents a 21% increase on the previous year (£894,016). HB increased by 29 % due to the opening of the detox centre and addition of 5 bed spaces. Grant fundraising remains consistent at £91,187. represents a 27% increase on the previous financial year (£788,109). The balance sheet shows £175,752 held in bank accounts at the end of the year, (2022 £115,999) we will be seeking to further increase these balances over the coming two years, to increase reserves. Net current assets are £105,028 (2022 £112,001) with fixed assets being £605,339 (2022 £332,206) The increase in fixed assets is due to purchasing The Walk Centre. The charity will continue to operate its existing number of bed spaces of accommodation without any increase anticipated over the coming year. 42 REGISTERED CHARITY NUMBER: 1168547 ort of the Trustees and Audited Financial Statements for the Year Ended 31 Jul 2023 Walk Ministries 43 STATEMENT OF TRUSTEES. RESPONSIBILITIES The law applicable to charities in England and Wales requires Ihe trustees to prepare flnancial statements for each financial year which give a true and fair view of the Charily's financial activities during the year and of its financial position at the year end. In preparing those financial statements Ihe trustees are required to.. Select suitable accounting policies and then apply them consistently., Make judgements and estimates that are reasonable and prudent., Slate whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., Prepare the financial slalemenls on the going con￿rn basis., and Observe the methods and principles slated in the Gharities SORP (FRS 1021. In so far as the Iruslees are aware.. There is no relevant audit information of which the charlly's audllor is not aware., and The Iruslees have taken all relevant steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. The Irustees are responsible lor keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the Charity and to enable them lo ensure that the financial staternenls 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 and detection of fraud and other irregularities. 44 REPORT OF THE INDEPENDENT A DITOR TO THE MEMBERS OF WALK MINISTRIES We have audited the flnanelal slalemenls of Walk Minislries (the 'charity'l for the year ended 31 July 2023 whlch comprise the Slalem8nl of Financial Acllvilles, the Balance Sheet. slalemenl of cashllows and notes to the financlal Statements. including a summary of significant accounting polici85. The financial reporting framework that has been applied in their preparation Is applicable law and United Kingdom Accounting Standards (United Kingdom G@n&rally Accepled Accounting Practi¢el- In our oplnion the finanaal slatemenls.. give a true and fair view of the slate of the charily's affalrs as al 31 July 2023 and of 11$ incoming resources and appli￿110n of resources, for the year then ended., have been properfy prepared in accordan￿ with United Klngdom Generally Accepted Accounting Praclice- and have b@en prepar8d in a¢cordan¢e wilh the requirements of the Charities Act 2011. Basls for oplnlon We conducted our audit in aceoTdanee wilh International Standards on Audillng (UK} {ISAs (UK)) and applicable law. Oui responsibilities under those standards are further described in the Auditors, responsibililles for the audll of the financlal slalemenls se¢lion of our report, We are Sndependent oflhe charily in a￿OrdanCe with the ethical requirements that are relevant lo our audit ol Ihe financial slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibllilies In accordance with these requirements. We believe Ihal the audit evidence we have obtained is sullici8nl and appropriate lo provide a basis for our opinion. Concluslons relatlng to golng Concern In auditing the flnancial slalemenls, we have concluded that the Iruslee8' use of the golng con￿rn basis of aecounling in the preparation of the flnancial statements is appropriate. Based on the work we have performed, we have not identified any material uncertaintl8s relaling 10 8V8nls or conditions that, individually or colleclively. may cast significant doubt on the charity's ability lo continue as a 90ing concem for period of at least twelve months from when the financial slalemenls are aulhorised for Issue. Our responsibilities and the responsibilities of the trustees with respeGt lo going concern are described in the relevant sections ol this report. Olher lrtformatlon The Iruslees are responsible for the olher information. The other information comprises the information included in the Annual Report, Olher than the financial statements and our R8POrt of the Independeril Auditors Ihereon. Our opinion on the flnancial statements does not cover the other infonnalton and. except lo the extent olhevwlse explicSlly sta18d in our report, we do not express any form of assurance conclusion Ih8reon. In conne¢lion with our audil of the financial slalemenls, our responsibility is lo read the other information and. in doing so, considerwhelher the other informatiori is malefi8lly inconslslenl with the financial statements or oui knowledge obtained in the audit or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent malerlal mlsstalemenls. we are required lo determine whelher this gives rise lo a malerlal misslalemenl In the financial statements themselves. If. based on the work we have performed, we conclude that there is a material mlsslalement of this other information, we are required lo report that facl. We have nothing lo report in this regard. Matters on whlch we are rèqulrad lo rgport by èxcoptlon We have nothing lo report in respect of the following matters where the Charllks (Accounts and Reports) Regulallons 2(X)8 requires us lo report lo you If. In our opinlon.. the information given in the Report of the Trustees Is Inconslstent Sn 8ny malerlal respect wSlh the financlal slatemenls.. or sufficient aceounling Tecords have not been kept,. or th8 financial sla18m8nls are not in agreement with the accounting records and returns- or we have not received all the information and explanatlons we requi￿ for our audll. Page Continued... 45 REPORT OF THE INDEPENDENT AUDIT S TO THE MEMBERS OF WALK MINISTRIES ReBponslbllltlos of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees are responsible lor the preparation ol the financial slalemenls which give a true and lair view. and for such internal ¢onlrol as the trustees determine is necessary lo enable the preparation of financial slalemenls that are free from material misslalement. whether due lo fraud or erioT. In preparing the financial stalemenls, the Iruslees are iesponsible for assessing Ihe charity's ability lo continue as going concern, disclosing, as applicable, mallers related lo going concein and using the going concern basis of acwunling unless the Iruslees either intend lo liquidate the charity or to cease operations. or have no realisti¢ alternative bul lo do so, Our responsibilltlos for th8 audlt of tho flnancial statamants We have been appointed as auditors under Section 144 of the Charities A¢1 2011 and report in accordance with the Act and relevant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslatemenl, whether due lo fraud or error, and lo issue a Repoil of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guaianlee that an audil conducted in accordance with ISAS IUKI will always delect a material misslalemenl when il exists. Misstatements can arise from fraud or error and are considered maleTial il, individually or in the aggregate. they could reasonably be expected to influence the e¢onomi¢ de¢isions of users taken on Ihe basis of these financial statements. The exlenl to which our procedures are capable of delecling irregularities, in¢luding fraud is detailed below.. Identifying and assessing potential risks related lo irregularities In identifying and assessing r15ks of material misstatement in respe¢l of irregularilies, including fraud and non- compliance with laws and regulations, we considered the following.. the nature of the induslry and sector. control environment and business performance including the design of the charity's remuneration policies. results ol our enquiries of management about their own identification and assessment ol the risks of irregularities., any mallers we identified having obtained and reviewed the charity's documentation of their policies and pl￿edureS relating to.. Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliance., delecling alld responding lo the risks of fraud and whelher they have knowledge ol any actual, suspected or alleged fraud., the internal controls established to miligale risks ol fraud or non-compliance with laws and iegulalions.. the mallers discussed among the audit engagement team regarding how and wheie fraud might occur in the financial slalemenls and any potential indicators of fraud. Based on this approach, we were able lo assess the ¢harity risks and ensure the risks were consideied throughout all areas ol audit testing. The audil team was professionally scepli¢al throughout the audit and remained alert IOT inaccuiale or misleading informalion. Audlt r8sponsa to risks Identlfled Our procedures lo respond lo risks identified included the following.. reviewing the financial slalemenl disc105ures and lesling to supporting documentation lo assess compliance with provisions of relevant laws and regulations described as having a direct ellecl on the financial slalemenls., performing cul-offlesls lo ensure income is recognised in Ihe appropriate accounting period., enquiring of management concerning a¢lual and potential litigation and claims., performing analytical procedures lo identify any unusual or unexpected relationships that may indicate risks of materlal misslalemenl due lo fraud., obtained an understanding of provisions and held discussions with management lo understand the basis of recognition or non-reGognilion of lax provisions., and Pag8 continued... EPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WALK MINIST IES In addressing the risk of fraud through management override gf wnlrols, lesling the approprtaleness ol journal entries and other adjuslwnenls,. a$sessing whether the judgements made in making accounting estimates are indicative ol a potential bias., and evaluating the business rationale of any signiffi¢anl transactions that are unusual or oulside Ihe norma couise of business. Audit tesling was completed on a targeted sawnple basis based on our a55essmenl of risk and malerialily. Due lo Ihg inherent limitations of an audit, there is an unavoidable risk that we may not have delecled some material misslalements in the financial slatemenls, even though we have properly planned and performed our audit in accordan¢e wllh auditin9 standards. For example. As with any audit, there remained a higher risk of non-deteclion of irregularities, as these may involve ￿1]usion, forgery, intentional omissions, misrepresenlaligns. or the override ol internal controls. We are not responsible for preventing fraud OT non.compliance wilh laws and regulatsons and cannot be expected to delect all fraud and non-cownplian¢e with laws and regulations. A further description of our responsibilities for the audit of the financlal statements is located on the Financial Reporting Councll's website at www.fr¢.org.uklaudilorsresponsibililies. This description forms part of our Report of the Independent Audllors. Use of our report This report is made solely lo the chArily's Iruslees. as a body, In aceordance with Part 4 olthe Charilles {Accounls and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the Charlty's Iruslees those mallers we are required to stale to them in an awjilors. report and lor no other purpose. To the fullest extent pemltted by law. we do not accept or assume responsibility lo anyone other than the charily and the charity's trustees 8$ a body, for our aud5t work, for this report, or for the opinion5 we have lorrned. Helen Ti yman enior Slalulory Audilorl FOT and on behalf of OPC A￿ountantS Ltd Chartered accounlanls & slalulory auditors Slone House Stone Road Business Park Sloke-Ch)-Trent ST4 6SR Dale.. 47 Walk Ministries Slatemenl of Financial Aclivilies for the Year Ended 31 Jul 2023 2023 Total funds 2022 Total funds Unreslricled Reslricled fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 18,535 18,535 23,000 Charitsble actlvitles Rehabilitation Employability Skills Housing 84,889 3,345 2,500 84,889 54,241 897,322 128,254 47,430 683.157 50,896 894,822 Inveslmenl Income other income 25.729 320 25,729 320 12,170 Totsl 990 302 1081036 894 EXPENDITURE ON Raising funds 23,802 23,802 12,130 Charltable actlvltles Rehabililalion Ernployabilily Skills Housing 361,825 180,689 346,799 79,299 2,072 3,345 441,124 182,761 350,144 281,378 131,486 362,923 Other 192 Total 913115 788 109 NET INCOME 77,187 6,018 83,205 105,907 RECONCILIATION OF FUNDS Total funds brought forward 302,879 302.879 196,972 TOTAL FUNDS CARRIED FORWARD There were no recognised gains or losses for 2023 or 2022 olherthan those included in the Statement of Financial Aclivilies. All income and expenditure relate to continuing activities and there is no difference between the reported and that on a historical cost bas1S. Page continued... 48 Walk Ministries Statement of Financial Posilion 31 Jul 2023 2023 Total funds 2022 Total funds Unrestrided Reslricied fund fund Notes FIXED ASSETS Tangible assets 12 401,423 401,423 190,878 CURRENT ASSETS Debtors Cash at bank 13 36,933 169 734 36,933 175 752 35,811 115999 206,667 8,018 212.685 151,810 CREDITORS Amounts falling due within one year 14 {107,6571 {107,657) (39,809) NET CURRENT ASSETS 105028 112001 TOTAL ASSETS LESS CURRENT LIABILITIES 500,433 6,018 506,451 302,879 CREDITORS Amounls falling due after more than one year 15 (120,367) (120,367) NET ASSETS FUNDS Unreslrided funds 380,066 302,879 18 Restricted funds 6,018 18 TOTAL FUNDS 386,084 302,879 Page continued... 49 Walk Ministri8S Stalemenl of Financial Position - continued 31 Jul 2023 The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records Ihal comply with the Charities SORP (FRS 102). The financial slalemenls were approved by the Board of Trustees and aulhorised for issue on 2810512024 and were signed on its behalf by.. Wayne Gough - Trustee The notes form part of these financial slaternenls Walk Ministries Statement of Cash Flows for the Year Ended 31 Jul 2023 2023 2022 Notes Cash flows from operating activities Cash generated from operations Interest paid 240,649 143,659 Net cash wovided by operating activities 235 385 143 280 Cash flows from Investlng actlvltles Purchase of tangible fixed assets Sale of fixed assets (299,3091 {104,131) 713 Net cash used in investing activities 299 309) 103418 Cash flows from flnan¢ing a¢tivities New loans in year Loan repayments in year Interest incurred in yèar 126,945 17,987) Net cash provided by financing activities 123 675 Change in cash and cash equivalents In the reportlng perlod Cash and cash equivalents al the beginning of the reporting period 59,753 39,862 Cash and cash equivalents at the end of the reporting period The notes form part of these financial statements 51 Walk Ministries Notes to the Statement of Cash Flows for the Year Ended 31 Jul 2023 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net Income for the reporting period (as per the Statement of Financlal Actlvitlesl Adjustments for: Depreciation eharges Loss on disposal of fixed assets Interest paid Increase in debtors Increaselldecrease) in creditors 83,205 105,907 83,524 5,240 5,264 {1,1231 68,408 192 379 {16,556) Net cash provided by operatlons ANALYSIS OF CHANGES IN NET FUNDS At 1.8.22 Cash flow At 31.7.23 Net cash Cash al bank 115999 175 752 Debt Debts falling due within 1 year Debts falling due after 1 year (3,308) (3,308) Total The notes form part of these financial statements Walk hliinistries Notes to the Financial Statements for the Year Ended 31 Jul 2023 ACCOUNTING POLICIES Basi8 of preparing the flnancial statements The financial statements of Walk Ministries have been prepared in accordance with the Charities.. Slalemenl of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019), commonty referred to as Charities SORP (FRS 1021. Walk Ministries is classified as a public benefit entity under FRS 102.The financial stalements. have been prepared under the historical cost convention. The financial slalements are prepared in sterling, which is the functional currency of the entity. Crltlcal a¢¢ounting judgements and key sources of ostimation uncortalnty In accordance with the Statement of Recommended Practices (SORPI guidelines for larger charities, the critical a¢¢ounling judgments and key sources of estimation uncertainly disclosed in our financial statements are as follows.. Determinalion of Useful Lives and Residual Values of Fixed Assets- In the depreciation of tangible fixed assets, the trustees have exercised judgment to determine the estimated useful lives and residual values that they Consider most appropriate. These estimates are reviewed on an annual basis and are adjusted if necessary. The adjustments are informed by the comparison of estirnaled useful lives with those of similar charitable organizalions, as well as aclual experiences of asset life and residual values, particularly in light of asset disposals recorded in both the current and preceding financial periods. Recognition and Measurement of Provisions.. The charity makes provisions for asset dilapidation and potential contingencies, which necessitate management's best estimate of the anticipated costs based on current legislative and contractual obligations. These estimates are pivotal in the recognition and measurement of provisions within our financial statements and involve a high degree of judgment and complexity, particularly in assessing the future obligations of the charity. These critical judgments and estimations are significant as they impact the reported amounts of assets, liabilities, incorne, and expenses, reflecting ihe trustees, and management's best understanding and assessment of the charity's financial condition. 53 Walk Ministries Notes to the Financial Stalernents - conlinued for the Year Ended 31 Jul 2023 ACCOUNTING POLICIES - contlnued Income Incorne re￿iVed in advance for services is deferred unlil the criteria for income r8¢0gnilion are satisfied. Donated professional services and donated facilities are acknowledged as income when Vvalk Ministries gains control over the items, all conditions associated with the donation have been met, the re￿Ipl of economic benefits from the use of the item by Walk Ministries is probable, and that economic b8n8fit can be rneasured reliably. In line with the Charities SORP {FRS 102), the value of general volunteer time is not recognized. More informalion about their contributions can be found in the Iruslees, annual report. Upon receipt, the value of donated professional services and facilities is recognized based on the value to Walk Ministries, which is the amount the organisation would have willingly paid to obtain services or facilities of equivalent economic benefit on the open market. A corresponding amount is then recognized as expenditure in the period of receipt. Interest income from funds held on deposit is included when it is receivable, and the gmount can be measured reliably by Walk Ministries,. this typically occurs upon notification of the interest paid or payable by the bank. Funds are calegorised as unrestricted, designated, or restricted based on the donor's specifications or the tru*ee5' discretion. Unreslricled funds are freely available for use in any of Walk Ministries. activities, designated funds are unrestricted funds set aside for a specific purpose, and restricled funds are eamiarked by donors for specific projects or areas of work. Expenditure Expenditure is recognlsed on an accrual basis as liabilities are incurred. This includes any VAT that cannot be fully recovered, which is reported as part of the related expenditure. Charitable expendilure encornpasses costs incurred in delivering the charity's aclivilies and services to its beneficiaries. This covers both costs directly associated with such activities and indirecl costs necessary to support them. Support costs include those expenses directly supporting the charity's objectives, such as project management. Where costs cannot be directly allribuled to PgTlicular headings they have been allocated to activities on a basis consistent with the use of resources. Raising fund$ Expenditure incurred on raising funds included those costs incurred in.. seeking donations, grants. and legacies Expendlture on charitable activities Expendilure on charitable activities included all costs incurred by Walk Ministries in undertaking aclivilies that further the charitable aims, including support costing and direct seNice costs. Additional sub-headings are used lo show an analysi8 of charitable activities lo identify all significant charitable activities undertaken which have been reviewed in the annual trustees, report. 54 Walk Ministries Notes lo the Financial Statements- continued for the Year Ended 31 Jul 2023 ACCOUNTING POLICIES- continued Tanglblefixed assets Tangible assels are initially recorded al cost and are subsequently staled al cost less accumulated depreciation. Depreciation is charged for a full year in the year of acquisition. Depreciation is provided al the following annual rates in order to write off each asset over ils estimated useful life.. Freehold proFerty - 2.10 Straight Line Land and Buildings - 200h Straight Line Fixtures and fittings - 330/0 Reducing Balant Motor vehicles- 330/0 Reducing Balance Office Equipment - 330/0 Reducing Balance Plant & Machinery- 20% Straight Line1330h Reducing Balance Taxation Walk Ministries is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan￿ with the charitable 04'edives at the discretion of the Iruslees. 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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hlre purchase and leasing commltments Rentals paid under operating leases are Charged lo the Statement of Financial Activities on a straight-line basis over the period of the lease. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charitable pension scheme arè Charged to the Statement of Financial Activities in the period lo which they relate. 55 Walk Ministries Notes lo the Financial Statements - continued for the Year Ended 31 Jul 2023 DONATIONS AND LEGACIES 2023 2022 Donations Gift akj 17,592 943 22,999 The income frorn donations was £17,592 (2022.. £22,999), ofwhich £17,418 {2022.' £22.999) was unrestricted and £nil restricted {2022.' £nil). The charity is grateful for all donations rnade in 2023. The charity benefits from the involvement and support of its volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the onomic Gonlril)ution of general volunteers 15 not recognised in the accounts. INVESTMENT INCOME 2023 2022 Rents re￿iVed The investment income was £25,72912022 - £12.170}. This income has arisen from rent of an office building and conference room in the Walk Cenlre. The property was leased but was purchased via mortgage during the financial year and the income is recognised on a slraight-line basis. Direct expenses related to property maintenance and management are reported separately. 56 Walk Ministries Sta emenl of Financial Activities for the Year Ended 31 Jul 2023 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 Rehabilitation 84,889 128,254 Employability Skills 54,241 47.430 Housing 897 322 683 157 Income on charitable activrties was £1,036,452 (2022.. £858,841). Included in Ihe above is Housing income of £897,32212022'. £683,157). RAISING FUNDS Raising donations and legacies 2023 2022 Staff costs 96 Hour Challenge We Are Men 18,699 4,620 483 12,130 The total fundraising expenditure was £23,802. This amount covers efforts lo secure donations, grants, and legacies. This includes the organizalion of two events, the "96 Hour Challenge and "We Are Men," alongside the employment of a dedicated fundraiser. CHARITABLE ACTIVITIES COSTS 2023 Direcl Costs Support costs Total Rehabilitation Employability Skills Housing 294.728 176,686 398 438 67,097 4,003 361,825 180,689 431515 Expenditure on charrtable activitie5 was £974,029 (2022 - £775,787), of which £84,718 was reslricted (2022-£94,9501. Included inthe above 15 Housing costs of£398,43812022-£248,756). 57 W Ik Ministrie5 Notes lo the Financial Statements- for the Year Ended 31 Jul 2023 ontinued SUPPORT COSTS 2023 General Support Governan costs Finan Totals Rehabilitation Employability Skills Housing 52.207 3,325 5,140 28 113 9,750 650 67,097 4,003 Acllvlly General Support Governance costs Basi5 of allocation Allocated on time. Allocated on time. The Charity begins by determining the costs associated with ils support functions. Subsequently, it pinpoints those expenses linked to governance. After isolating the governance-relaled expenses, the remaining costs for support, along with the governance expenses, are distributed among the three charitable activities carried out within the year. Details on the criteria used for this allocation are provided. 58 Walk Ministries Notes to the Financial Statements- con for the Year Ended 31 Jul 2023 inue NET INCOMEIIEXPENDITUREI Net incomel(expenditure) is stated after chargingl{crediting)'. 2023 2022 Auditors, remuneration Depreciation- owned assets Other operating lease5 Deficit on disposal of fixed assets Income from operating leases 9,000 83,525 4,511 5,240 3,151 68,408 6.000 192 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022. Trustees, expenses There were trustees, expenses paid for the year ended 31 July 2023 totalling £702 (2022 £nil>. 10. STAFF COSTS One member of staff had a salary in excess of £60,000. Pension costs are allocated to pctivities in proportion to the related staffing costs incurred and are wholly charged to unrestricted funds. The charity trustees were not paid or re￿iVed any other benefits from employment in the year {2022- £nil) neither were they reimbursed expenses during the year (2022.. £nil>. No charity truslee received payment for professional or other ServI￿S Supplied lo the charity {2022'. £nil). The average monthly number of employees during the year were as follow.. 2023 2022 Employees.. Trustees.. 25 25 59 Walk Ministries Notes lo the Financial Statements - continued for the Year Ended 31 Jul 2023 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 23,000 23,000 Charitable activities Rehabilitation Employability Skills Housing 52,004 47,430 683,157 78,250 128,254 47,430 683,157 Investment Income other incorne 12,170 12,170 Total 817 766 EXPENDITURE ON Raising funds 12,130 12,130 Charitable actlvitles Rehabilitation Employability Skills Housing 199,028 131,486 350,323 82,350 281,378 131,488 362,923 12,600 Other 192 192 Total 693 159 788 109 NET INCOMEIIEXPENDITURE) 124,607 118,700) 105,907 RECONCILIATION OF FUNDS Total funds brought forward 178,272 18,700 196,972 TOTAL FUNDS CARRIED FORWARD 60 INalk Ministries Notes to the Financial Statements - continued for the Year Ended 31 Jul 2023 12. TANGIBLE FIXED ASSETS Improvements Freehold property Plant and machinery Motor vehicles property Totals COST Al 1 August 2022 Additions Disposals 4,746 180,000 180,248 77,538 109,593 33,730 25 824) 37,619 8,040 332,206 299,308 26175) Al 31 July 2023 257 435 117499 605 339 DEPRECIATION Al 1 August 2022 Charge for year Eliminated on disposal 60,736 51,487 60,616 22,521 19,975 5,822 141,327 83,525 20 936) 3,695 Al 31 July 2023 111942 203 916 NET BOOK VALUE Al 31 July 2023 Al 31 July 2022 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtors Other debtors Prepayments and accrued income 12,047 9,408 J7,636 2,800 61 Walk Mini51ries Notes lo the Financial Slalements - continued for the Year Ended 31 Jul 2023 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Bank loans and overdrafts (see note 18) Trade credilors Social security and other taxes Other creditors Accwals & deferred Income 3,308 13,490 18,114 29,745 43,0 4,622 35,187 107657 16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 2022 Bank loans (see note 18) 120,387 16. LOANS An analysls of the maturity of loans is given below: 2023 2022 Amounts falling due within one year on demand: Secured bank loan Amounts falling between one and Iwo years.. Secured bank loan 1-2 years Amounts falling due in more than five years.. Repayable by instalments.. Secured Bank Loan Over 5 years 101,557 17. SECURED DEBTS The following secured debts are included within creditors- 2023 2022 Bank loans A mortgage of £123,675 is secured against the property at Phoenix Street for a period of25 years included are aggregate amounts of £101,557 which falls due after five years and whiGh are repayable by rnonthly instalmenls. The interest rale is 3.250APA above base rate, rnonthly Walk nl are subject lo change dependant on the base rate, Notes lo the Financial Stalernenls - continued for the Year Ended 31 Jul 2023 63 Walk Ministries Notes lo the Financial Stalemenls- continued for the Year Ended 31 Jul 2023 18. MOVEMENT IN FUNDS 2023 Net movemenl in funds At 31.7.23 Al 1.8.22 Unr8strl¢t8d funds General fund 302,879 77,187 380.066 Restrlcted funds funds brought forward 6,018 6,018 TOTAL FUNDS Net movement in funds, included in the above are as follows 2023.. Inc¢)ming resources Resources Movemenl expended in funds Unrestricted funds General fund 990.302 (913,115) 77,187 Reslricted funds Funds brought forward 90,734 {84,716) 6,018 TOTAL FUNDS 64 Walk Ministries Notes to the Financial Statements- continued for the Year Ended 31 Jul 2023 18. MOVEMENT IN FUNDS . continued ComparatiV•8 for movement in funds 2022 N81 movement in funds At 31.7.22 At 1.8.21 Unrestricted funds General fund 178,272 124,607 302,879 Reslricled funds funds brought forward 18,700 118,700) TOTAL FUNDS Comparative net movement in funds, included in the above are as follows.. Incoming reSoUr￿S Resources expended Movement in funds Unrestrleted fund8 General fund 817,766 (693.159) 124,607 Restrlcted funds funds broughl forward 76,250 194,950) (18,700) TOTAL FUNDS A current year 12 months and prlor year 12 monlhs combined position is as follows.. Nel movement in funds At 31.7.23 Al 1.8.21 Unrestri¢ted funds General fund 178,272 201,794 380,066 Restricted funds funds brought forward 18,700 (12,682) 6,018 TOTAL FUNDS 65 Walk Ministries Nole51o the Financial Statements- continued for the Year Ended 31 Jul 2023 18. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net Movement in funds, included in the above are as follows.. Incoming resources Resources Movement 8xpended in funds Unrestrlcted funds General ￿nd 1,808,Q68 (1,606,274) 201,794 Restrlcted funds funds brought forward 166,984 {179,666) {12,682) TOTAL FUNDS RELATED PARTY DISCLOSURES During thè year, Walk Ministries entered Iransactions with related parties as described below. These transactions have been conducted on terms agreed between the parties and are reported in line with the Charities SORP (FRS 102) guidelines on disclosure of related party transactions. Heronc8au Refurbishment Ltd is considered a related paty as Sirnon Edwards and Karen Edwards, directors of Heronceau Refurbishment Ltd, also serve as CEOS ol Walk Ministries. Karen Edward resigned as direclor as of 1 st January 2023. The total goods and servic88 lotalled £102,751. As of thè yèar end 2023 £131 was due. No guarantees were given or receivèd in relation lo the transactions with Heronceau Refurbishment Ltd. Heronceau Properties Ltd is considered a related party as Simon Edwards, director of Heron￿aU Properties Ltd, also serves as CEO of Walk Ministries. The primary transactions with Heronceau Properties Ltd were for rents during the year. The lolal fees for services provided by Heronceau Properties Ltd amount lo £6,893. 66 Walk Ministries Notes to the Fina cial Statements - continued for the Year Ended 31 Jul 2023 21. POST BALANCE SHEET EVENTS Other than those dtsclosed in the trustees, report, there were no other material events up to the date the financial statements were approved by the Board of Trustees. 22. LEASE COMMITMENTS The charity has entered into nOn-Can￿lIable operating lease agreements lor rental properties and car lease. The total future minimum leases agreements are as follows.. £335,653 {2022- £214,015). 67