Chgriry r¢gi5trdtion ￿Umber. I169108
Reach It+
yiii.iiuaiily Projecis
Reach Community Projects (CIO)
ADnual Report and Financial Statements
forth¢ Year Ended 30 September 2023

Reach Communlty Projects (CIO)
Contents {contlnued}
R¢f¢rence and Adnjinistrative Details
Tn￿te¢s, Report
2to 10
Independent Examiner'5 Reptsrt
Statemcnt of Financial Activities
12
Balan¢¢ Sh¢
13
Notes io the Financial Slat¢ments
14to24

Reach Communlty Projects (CIO)
Reference and Admfinlstrydtive Details
Trus¢ees
Roy Gral]am
Gavirt Rowde
Claire Dam¢ott
Kirstth Newble
Le1￿ Carter
Sensor MAnagement l Leadership Henry Wilson MBE
Team
Annetta Record
Justine Canllni5s-stsi￿￿Wk
Charity Rtglstr8tlon Numbtr
1169108
IndepeDden¢ Ex*mitter
Burd¢tt K]'ng Accowitan¢y Limited
8 The H8miltons
Newmark¢t
Suffolk
CB8 ONF
Page I

Reach Communlty Projects (CIO)
Trustees, Report
REACH Community Projects (CIO)
This¢eu' Report
The trustees present the annual report tO8etheT with thc financial stalemenis of th¢ ¢barity for the year elld¢d 30
Sepi¢mber 2023.
Trust¢es
Roy Graham
Alison Cborley
Gavin Rowden
David H(>w¢ll
Clairc DarTa¢ott
Flourishing) Thrivingp CommHThilies
Haverhill is an area of great ne¢d, ¢￿T￿¢t¢rised by high levels of social depriv4ti0]4 debt ujd low income.
At REACH we b¢lieve that ¢veryone deserves to live their life to the full. However. fin8n¢ial crisis aDd hardship
r¢lat¢d issues hav¢ a dcvastating effect on individual and family life. D¢bL low income, and hom¢1¢55ness can
lead to mcnlal bcalth problcms, relationship breakdo￿1, low aspiralion, marginalisation, poor health and low
5elf-esteem.
REACH is an independent charity that believes in a r¢lational handbolding approach to helping families and
iThJividuals who are suffering froD] or stnjggling with the effccts of flnancial crisis or hardship. This includes
dcbt adviee, be￿r]t help, housing, emergency food and uiility assi5tan¢¢ more.
We have a vision to see Ilourlshing. thrlving a[￿ resilient tomrnuDltk$ where liv¢8 are traj]sforn￿￿ and
short-tcrm soluiions to financial hardsbip are t)0 lon8er Deeded.
Our mission is ro relieve at)d prevent financial hardship whilst tackling the causes and advocatitig for chall8e.
We are 8 Hav¢rhill based ch8rity proletlvety tAckltDg poverty and responding to fmancial h&rdship.
Our priorities are..
Lifting people out of bardship and financial Crisis
Preventing p¢ople from falling into hardship and finallcial ctisis
Advocatin8 for change througb infju¢ncin8 a￿j lo¢al canwaigning
Our four areas of WO￿ ate..
Prevention: Proactively preVe￿ing fvture financial hardsbip through education and strcngthening
bcspokc 5UPPOrt syste]TL% {e.g., ¢on)rnunity ¢onnectoi role)
Poli¢y: Advoc?ting for change through influth)cit)g, aTKi eoll¢ctively developijhg po]icy io thckle issues
that ate facing our local eommunily
Long¢r-ttrm smpport: AlleYiatill8 financi￿ hardsbip through incorne maxin)ss8tion alld debt advice
Emergethey aid: Providing imm￿1&¢C short-tern) support to #llewa* flnancial crisis
Our approach is to:
Crcate tircles of support io PTomote tlourishlng families and ]￿J]vIdual$
Tackling the root e*u$e$ and drivers of financial hardship
c¥ll￿algnl￿g and influtndng for cb*nEe Inco￿OratIng the voice of ow comrtwrrity, especially the
voice of liyed exp¢rience
Supporting other neighbouring areas
Our foc￿8 is ort relatiODal hand-holding support- Lt is through relationships that confid¢nce and re$ilienc£ is
b￿lIt and there is a better chance of g¢ttin8 Out of flnancial haidship.
Through getting motw into ¢lient's pockets, ¢thicatiOffj money MA￿agem￿t and influ¢nein8 for a fairer
Stall￿Ory support system. fewtr people would need shfjrt-tem support.
Page 2

Rea¢h Community Projects (CIO)
Trust¢es' Report (continued)
Iour purpose is to journeywlth people, however long it takes, providing practical help, advie¢. and support.]
Alongside our prd¢iical bandholdirtg support, we also use our ¢Aperienc¢, data. and rescarch to feed into the
bigger picturc both locally attd nationally w challenge son)e of the unfair stru¢turcs thut k¢¢p people trapped i
povety.
W¢ recognisc that wc ¢aDnot do it all by ourselves, and therefor¢ rely ot) supptsn and funding from our partners
to delivcr on this vision and mission. Partherships tn¢lude The TTussell Trust, CoDJTnu]]ity MoTLey Advice,
Suffo]k Mind. The Salvation Arniy. Hzverhill at)d Distii¢l ChuTehes Together, Haverhill Town Council, West
Suffo]k CounciL alld Suffolk County Coun¢il, Healthwatch Suffolk, Turning Point {Substs￿¢ abuse) Gauth,
ONE Ilaveihill Partnership.
The majority of our ¢ore work is centred around Haverbill Ignd tht Surrounding villages) where we have our
head otTice and foodbank ￿￿e￿o￿Se. How¢vei, we have answcred the call to work in pamership with partners
nearby towryjs such as Newmarket (The Racing Centr¢) and Halstead {Braintree Foodbank} to deliver our life
Changing debt advi¢e and income Tnaximi5atiot) Ibenefits).
Our key values are:
Rel*tlonships -we value & t¢latioDal approach that builds tTrL8t and nwkes All the difference. I¢
empowers a person to start b¢lieving in theTnselves and achieve their desired outcome.
Genero5ili,_We always believc in being generous first aTKI forem05t.
Responslbility -Along5ide g¢ner05ity there has to be responsibility. We beli¢ve in b¢in8 rcsponsible
with the Tesour¢es entnJ5ted to us. As much as w¢ wa]k with i perso￿ we re¢ognise that we cannot do
li all and people tnust be helped to take resJx)nsibility for their lives.
'tan4o' 8tthude-W¢ Hill WOTk tirelessly to resolve the pcr50n's Situation bu( if we can't do it, we
generally know Someone who Can.
Honesty-just as w¢ need the people that we ar¢ helping to bc honest with us, we too ne¢d to be honest
about whai we tan realistically do to help them.
Stru¢tur& governance #md man*gemettt
Nathre of goverDlng do¢omenl
As a Charitable Incorporated Orgat)isation (CIO) we have a Board of fN$t¢es which meets on a regular basis.
The board overse¢s and reNrycws the running of the clmrity including car¢fvlly monitoring our fimdillg and our
impact on the local tommut)ity. New tsvstees are 8ppoinied based on the skills that they will bring to the trust¢e
group.
St4ffing: Wc have 17 members of stsff aDd just olle va¢at)cy, a Fundraising Manager. In the last year we
reorgani5ed th¢ cx¢cuiive team. th¢ Operations Dir¢ctor be￿￿¢ Ihe Deputy CEO aTLd lh¢ Services Director
stood down from tbi5 role to tske on Services Development Manag¢r rol¢.
Page 3

R¢2ch Communlty Projects (CIO)
Trustees, Report (eontinued)
••
We satd goodbye to 5 m¢mbers of staff, including Communications Coorditwor moved to Scotland,
our temporary Warehouse Team iLader, our Outr¢ach Team L¢ader rel￿￿ted to the Channel Islands, o
Projects Administrator who su¢¢¢ssfully ¢ompletrd her Level 3 Business Administration ¢ourse (with
disiinction. an ¢xien8ion of her appT¢nticeship with ￿s) I￿Ved to rni&SuffolL und the E-Commer¢e
Co-ordinator resÈgned du¢ to worhealth.
In ftm), w¢ welcomed 6 new memlKrs of the team. A Welfare Advisor in Oetober, a penna￿¢ W8r¢house
Manager in Jalluary, an AdrniTti5tra¢ion Officer in Febtwary {to back fill the va¢aNy ¢reatd WI￿) lh¢ allTent
role holder moved ￿ Communications Team Leader). We also appoint¢d a Cotnmuni¢atioD5 Coordinator in
Febn￿ry. an Outreach Team Ixader in April and an Administrator who supports the debt team in June.
We a]so t(K)k th¢ decision to take on a fu]l-tim¢ Fundraising M8na8er and srart¢d to advenise this towards of the
ruw￿1￿] year, which also meant that we began the piocess of ending our relationship WAth our exiernfjl
¢onsultant.
Volunteering:
Our voluntcetitig numbers coniinue to buck ihe trend regionally aod nationally. We now have over 90 active
volunteers. The Upward trend of new voluDteErs ha$ now slowed., howev¢r. we do have new projects CoMu￿ on
stream ov¢r the nexi 12 months that wryll llced vtslunt¢¢r3 to ensure ihey aTe run effe¢iiv¢ly.
Operations:
This last y¢ar has seen us work on our plans to be¢om¢ jnore acc¢5$ible across the towi and move away from a
Single point of op¢ralions. W¢ ceased using our Resow¢¢ Centrc from Aug1￿ 2023 in favour of 'Coll￿tiOn
CeDtres'.
Throughout the year w¢ ¢oniinued to gr(bw these across the towTr. AS of th¢ end of September, we are operating
from the Chaikstone Community Ctntre on a Monday and Wednesday, th¢ CleD]ents Community Centre on a
Tuesday, Next Door Coffte Shop on a Thursday and Si Mary's Church on a Friday. These are mostly 5tafftd by
voluoleers, w¢ do have a memb¢r of tbe outr¢a¢h teatn availabk to deal with ally con]plex us¢s that do just
drop in.
Pa8e 4

Reach Community Projects (CIO)
Trustees, Report (continued)
With r¢gards to meeting clients for more ill￿epth n*eting5 such a8 debt and benefit worL if these are t￿t
¢arried out in cli¢nl$' hornes. we have built on our relationship with the Salvaiion Arniy ond are making use of
their High Str￿t preseD¢e, 'The Link. along with the mceting r(M)m5 at Chalk5tone CoD)muDity Centre.
Our eBay Shfyp:
The ¢Bay shop had not bcen perfonning 8s well as it did throughout the first 2 years of opcratio]J {2019-2021). It
was barely breaking cven by the yle 2022, despite looking ai othcr ways to driv¢ up sales. With th¢ lon84erm
5ickncss atMI sub-sequetst resigllation of our eBay coordinator. we took th¢ opportunity to reNi¢w the opcration,
e.g.. could li be effectively by volunteer5? This coupled with the fact that we We￿ nmning out of spa¢¢ in
the office to htsus¢ an ever-browing team of Vol￿teerS at)d staff. We therefore decided to close du's operation
and make use of ih¢'eBay r(x)m' in May 2023.
Publ1¢ beneflt:
The tnistees confim) tbat ih¢y have ¢ornplied the requirements of section 17 of the ChaTiii¢S Aet 2011 to
have due rewdrd io the public benefii guidance published by the Charily Commission for England 8nd Wal¢$.
Achievtnxnts #nd p¢rforDwite
A Note from tb¢ Chief Executlye Officer:
As you can ima8ine, It ha5 been an in¢r¢dibly cball¢D8ing year with increased for ow scrvi¢es during ihe
worst 'C05t-of-living' crisis in nearly 40 years. HO￿v¢r, l am pl&qsed io report ihat we hav¢ beell abl¢ to press
on with sonK of ow platss 8S Outlined beltsw.
Wh#1 we've dolle- Along ￿ryth assisting 2959 people facing poverty in H*Yerhlll &nd tht surrollndlng Area
througbout the last year, ow highest number ¢ver,' we have taken an opportunity offered to U5 by Suffolk
County Cowi¢il to pilot a 3-month Schools budgeting proje¢L Ow Volunieer Coordinator lawhched a yO￿g
people's voluniecring prograjnnw. W¢ partncred Haverhill co￿¢11 to pilot a ¢ookin8 and bud8tting
course. Our Cummunity Organisu crcated, with s¢Yerdl other parln¢rs, a Mentsl Health Actiom Group its
campaign for better mentsl health services in Haverhill.
tn addition. we have in¢r¢ased our ftont-linc hours fron) 150 hours plw to 172.5. Thi5 has enabled us to taekie a
huge inciea5e in our workload, for example. S¢¢lDg 75•/0 tllore families struggling with complex deb( nearly 5/4
of these had rent or mortgage a￿earS. We also ¢onliDued io work on data coll¢clioN impact me&5urement,
sustainability as well as sceking greaier strdlesic foc￿. This has led to cai¢gorising our piojects under the
following 3 headings=
Emer8enGy aid {emergency food, utilities, Clie￿t aid etc.)
tA>nger ierni support (debt and welfare work)
Prevention {schools, cooking, at￿ campaigDing)
Highllght$ Include:
A whopping £639.577 of fin#n¢i21 gain was achieved for 107 faTnilies (sce the 'numbers' $ectiOll
low)
153 familie$ were helped with debt, up from 88 for last year
692 young kxople have beeD tzught budgeting sin¢¢ Febnthry
60 yout]8 people have engaged over the year to deliv¢r 266 volunteering h)urs
At the e]Jd of Septetnber 2022; w¢ said that we would do the following:
streDgthe￿ aDd develop Ineome mAximi51tion team- we now hav¢ a l¢am of volunteers who lre
triaging Monday io Friday. The Incom¢ Maximisation part continu¢s to be developed we are not
where we would hav¢ hopcd ￿ have be¢0 but we are expe¢tin8 this to be fvlly operalional by March
2024.
Develop effectlye ev&lwAtlon procts$ to gxuge client's ¢￿￿onI1 well4elng- thi$ is currently
happening and was launched in May. There are hve8ks required to the data gatherin8 and is ongoing.
Pagt 5

Reaeh Community Projects (CIO)
Trustees, Report (contlnued)
Recruit $pe¢lalist volunteers to earry out more in41tpth datfi sn*lysts #nd reseorth- this Dever
really progressed despite pur8Uit)g opportuni￿e$. On Z4 POSitiv¢ note. we have been 8iven some
additional fLmdillg to this inio a paid position and is our plans for 2024.
Set wp agreements Ivith potential trusted partners to Include dats sharing- thRS is happeninB, we
have s¢t #grecments with a f¢w partners. but natI￿ally. this is ottgoin8.
Develop 8 debt w¢lfaTe project In Uttle5ford- we began taking on n¢w clients early September
{onc¢ th¢ dats sbaring agreerncnt was in place.)
Expand our mobile servlce - altbough village hub5 have not been utiliscd, attd we don't have
any furthcr plans in pushing this fotivard, we are fijlly op¢ratitsnal in community hubs 5 day5 a
Deiiyer mofjry mgnagement coyrsts into Z schools- we have been to 15 diff¢r¢nt schools to deliver
budgeting lessons With more planned. A5 of the end of September 692 young peoplc had received
budgetin8 lessons from Tracey, our outreach advisor / edueator. As ol Scpternber, Trac¢y has taken on
th¢ role of 'Edu¢alor' for 15 hours pjw delivering budgeling to all schools in our ge0￿phical area.
Continue tll IYOTk wlth pirth¢rs on ideDtlfySThg ¥Aps kn $ervi¢e proTrislon
Following our
¢ornmuDity engag¢m¢nt events i.¢.. regular rnark¢t stalls, High Str¢¢t stalls, surveys ¢tc., sevcral gaps
w¢r¢ identified that ¢ontribute towards farnilies falling into fIn￿￿tal ¢risis and har(tship. These
included life skills su¢h as coo
ith
io
Therefore, with the aim of hardship prevention, we have undertaken th¢ followin8.'
'CookitL
a Blld et,: We portnered with Haverhill G)uncil and thc Haverhill ConuE)uniry
K]￿hen to pilo¢ cwking and budg¢tirLg ses5ion5 f()r 10 youn8 adult$ with varyiTLg vultterabklities who
struggl¢ with life skills it) general. AIott8 with the cookery skills, we provid¢d the budgeting 8¢$8iolls.
This hds Id to a 4-w¢¢k 'cooking on a bud8Ct' pilot that took place iti August for 9 of our Clients. Tbis
pilot was delivered in paffnership with prof¢ssi(Trnal chef from Ashdon CaÈeriDg. There are mort
planncd. this inch]des 'Chn"sttNs dinner tips on a budget, and a set of vide05 on how to cook on a
budget.
Poor Mental Health Provision= Again, to help prevent familie$ falling fiwther into hardship, the Mental
Health Action Cyroup was estsblished in Febrllary. The MHAG is a parin¢r5hip with several other
organisatio￿$ aThl lcd by uur Community Organiser. Following months of resear¢h, a report was
produced and widely circulated. ActioDs from the report now has the support of ihe 2 local GP
$urgeri¢$ in towi). This is an ongoing project.
. We ¢ontinue to work with colleagues from the ONE Haverhill P&rtnership
lo improve service provision for familles suffering hardship because of substance abuse. Followirtg
invesmlent from West Suffolk Council we carried out an action research project lo establish what could
be done to improve the take up of recovery options provid¢d by the statutory service. Severa] priorities
hav¢ been idenlifl￿ and we are working with parttters to improve Service provision in Haverhill. This
15 an ongtsing project.
Overfill Nujnbtrs:
1528 families w¢r¢ helped Wbth 1807 issues. This includes 943 i$sucs regarding emergency food
requests. There were 2959 beneficiaries of which 1167 were children (up by I20h on last year)
153 families were helped debt. a tothl of 319 b¢neficiari¢s1197 adults and 122 Children)
£639,577 of fu￿￿¢131 gains foT 107 of our familiesl This includes 21 famili¢$ that have been set free
fmm the misery ofd¢bt ottd a further 23 on th¢ir way. 42 families received b¢n¢fits, and 25 families
help¢d in other ways.
Total number of peopl¢ helped with we]fare. Ibcnefit, housin& client aid et¢.) are 840 {552 8dults 8Dd
288 children)
Sadly. our foodbank project numbers remain stubbornly high with a new r￿Ord t)umber of people fed
for the year- 2037, little sign yet that the SI￿8tion is likely to m)prov¢ any tin￿ s￿)￿. It is a very
small itKrease oll last y¢ars' figure of 2005 people fell, bul it's the increase in th¢ number of children
that is Ihe most conceming. More families are bein8 sucked into financial ¢risis 8nd hardship. In total,
947 food boxes were given out, 1224 adults and 813 children w¢r¢ fed.
Page 6

Reach Commllnlty Projeets (CIO)
Truslee$' Report (continued)
Newm•rket ProJ¢¢t:
Word is definitely out in Newmakn which has meant thal our work h85 explodedl The numbeTh of families
helpe41 has gtowj by just over I5￿/￿- up from 69 to 175. There have be¢n a few challenges wryth the Newnarket
project.. Él finding a pemwient office space following th¢ closur¢ of the previous office and li) se¢wing tbe
additional fjJnding t￿ded to ensurt th¢ proje¢trenJaiDS SUStaiDabl¢ in the longer temL
175 families h¢lp¢d with 219 i&sues (83 for last y¢ar). This includ¢s 37 issues of debt, 36 wlth benefits
and 82 with clkent aid. Thcre w¢re 394 b¢n¢ficiaries, including 186 Children
We continue parthership workin8 With a satellite projeci in Sudbwy (www.number72.net) thcy carry out all
th¢ir face-to-faee d¢bt work whereas wc supply th¢ b￿k-Off)¢£ work and gen¢rdl welfare and benefits advi¢¢.
We have also just begun, at the beginning of Sept¢mber, to tskc on n¢w families in Saffron Walden and
H8l$tead ID North Essex.
Relitlonship$ ￿th PartD¢r Organlsatlons:
We have seen a strengthening of partnership WOTking. this in¢lude5 a new project with Suffolk Mind. the Mentsl
Health Action Group, therc are s¢verai parther5 in Hayerhill. We continuc to work with many other partners
including Haverhill Tviwn Council, Wesi Suffolk and Sufftslk Coullty Councils. All ow hub5 are njn in
partnership with I￿al chur¢hes.
The challenges ind bow we've tsver¢ome:
Mental healtb.. Th¢ biggest Ch￿l¢llg¢ that we are fa¢in8 is m¢ntal health. Time and again, when one of our
outreach t￿rn sees a client for the first time, the advisor must unwrdp layers of historit emotional turmoil before
we can get to the issue that we are trained to deal with- relieving ruw￿1#] crisis and hwdship. This is born¢ out
in our resear¢h carried out between Febrnary and April this year (2023) where we surveyed individuals
¢all¢d us 5¢ekins support. Of the 43 clients who consented io taking part in the surv¢y. 38 indiTriduals, 88.4/,
said tl]¢y had suffered wth poor mental healih within th¢ last three to Six months. Th¢ con)plexity of the case5
h&% a150 had 8 detrimental effe¢t on frontline staff. Just recently, a triage volunteer had ts> deal with 2 suicide
threats onc aftcr the otber. {The ern¢rg¢ncy servi¢¢5 were Called. our triage volunte¢r w&8 takell off frontline
duiies and support ofYer¢d.I
As well as working with 5tattrtory servi¢¢s to ty and addre&s the lack of 5ervi¢¢$, we have trained our froni-line
team in Memtsl H¢alih Fir￿ Aid proiided by Suffoll( Mind We also have engaged the s¢rvi¢es of & local
counsellor for stoff. li remains a ¢hall¢n8e and one tbat we are monitortng closely.
We are also planning to introduce a new role
'Community Conne¢tor' that will sit between our ¢lielli
s¢rvices iv4m and external services. The idea is to lift the burden away from our outreach advisors and'c4)nnect'
them to an appropriat¢ a8cn¢y or volunteer. We p￿ to have this rol¢ in pla¢e by January 2024.
Our flDan¢¢s:
Our provisional figures (or the yle 30th Sew¢mber' incony - £572,000 (up frorn £462,00 lasi year). This was
higher than anticipated due lo thc inv¢stment from the TnLssell TnLsI into our Community Conn¢¢toI role just
before the end of our finahcial y¢ar. Expenditure was around £556.000. A]though our income from Indi￿du21S
increased by over l￿/￿. up from £120,000 to £135.000, the share of ov¢rall income per¢¢ntag¢ h
decreased to 24/0.
Our budget:
We have an approximat¢ budget for the foTth¢on)ing y¢ar of approxintstely £650.IM)O.
Page 7

Reach Community Projects {ClO)
Trustees, Report (continued)
AD C￿mple ofhow the project Is ¢h8th8ing lives:
J*¥oD'& Story
Jason came to REACH in a time of personal ¢risi5 2nd was given the opportunity to tum his own life around by
taking resp(7nsibility and making a change. Now he ha5 a ¢ommunity tts tum to, but he wouldn't have been able
to take that first $t¢p without your help to get him throu￿ thc Iowc5t part of his lif¢. In tu￿ h¢ is able to give
support to others through volunteering.
Jaso￿ 58y8: "Volurtieeringfor RE4CHh{￿ complelefy changed#sy life. I had ntverheurd ofREACH unlill
al my lowest. andin neédo[afoodpur¢¢l mysEIf.
"l knd accideni whgre I work*d as & welder/fubri¢alor. I had io h47ve Sir weeks ojfwork, bui olcoholic
li WOS owfyl erperience. I was lefi &lone and very lonely wilh my though15. ond I wotsldjtui driFth iofill the
days.
"tl%Én J rellwned IG work 4nd abrrlptfy slopped drinking, 1¢ led io se￿￿reS, and I bÉc&xpp2e Jtuck in tt loop. Jf I
drunk, I'dget caughi up with the WTongpÉople becvme complelffly rÉlionl on alcokol. Iflstopped dripthng
complelely. J d endup in hospital wilh 5e&t4r£sfollowed by recovery time ai home olone and end Mp drinkijsg.
"Alter Ihad been to rehab. I w(4s slill oifwcirkfollowing my Mosl r¥c¥nl sffiztsre. Thaf sfftiggling to
tover nry bTlls.' I couldn'l alford heating ond living on iPLsléxrtl rice packets. When RE4CH gove me afood
porcel. i¢ was like rEceiving a lifeltn¥, andlsimply couldn'l bflieve ihey were gtving me morefood ihan J dseen
in mt)Mths. They even helped me lo opplyfor 50m¢ benefits to br￿ge the gop uniil l Can rel#rn io ¥￿rk, and i
wiAEÉr enEr￿ top up voucherso Jdidn'tfreeze the nights.
"I knew I hud io Jind anoihvr way Èo spend my duys if J wanied io my life Qround, 50 J osked if J could
volunleÉr in ihe REACH wurehowe. Jt's brillionl. Thepeople are rtÉ¢e, iifeels gre4¥11o be doiMg someihing
rueffi41. Here. l can build reldtionship5 fhui aren'l bosed qlcohol. J've mttdefriend5 WtÉh all sorts ofpeople,. I
even met my part￿er while vol￿￿{een￿gfor REACH, and we'rÉ very goodlor each other. J'th in such a good
pknce Jtow. So, RE4CH has htsd a mrtssive impuci OA pxe. andlfeel like I need REACH more ih¢yt ihey need me,
reollyl"
Sp¢¢iai ThAnks',
Wc are indebied to ajl those who have wisted us in 0￿r mission to lift farnilics out of financial crisis and
hardship. Thank you to our many volunteers gLYe their time on a regular basis. Thank you too to our
pattsers. these in¢lude Trus5ell Trust, West Suffolk Council. South Call￿ridgeShlre District Council, Suffolk
Community Fourtdaiion and Haverhill Town Council. The River of Life Community Church, Haverlll'll
Methodi# Church. St Mary's Church, Hav¢rhill, The Salvation Am]y* Cambridseshire Community Foundaiion.
Mrs LD Rope, Suffolk Counry CouDciI. Garfi¢ld Weston. Essex ComTnuniry FoundaiioN The Racing Centre
(N¢wnarketl. and of cows¢, those that W15h to remain anonymous. There are many tllor¢ individud donors,
busin¢sses, collllnynity groups churches and schools vtho have all ¢offt￿1buted to n)ake 2022-23 a much ea5icr
sk thaD we could ev¢r have imawn¢d! Thank you.
H¢nry Wi]son MBE
Chief Executive Officer
Page 8

Reach Communlty Projects (CIO)
Truslees, Report (condnued)
Plan8 for futur¢ ptrlodi:
If the predictions are correct from the foOdba￿k network - th¢ Tft￿$¢ll TTh￿t Iwww.tN$selltwst.org}, we are
anticipating a toirid winter of in¢r¢a5ed fo¢Mi requests and possible shortages in donatiolls. Debt enquiries are
continuing to rise too. and we are ¢￿￿entlY remiiting to incr¢os¢ our frontline debt and wclfare (D&WI sta￿1ng
apa¢ity. That said, we ar¢ pressing on with lh¢ roll-out of schools. work and the cookin8 on a budget with our
clients.
The next 12 months kcy objectives includ¢ the following (alongside m¢ct2rt8 increased D&W, and food needs)..
Develop partherships with agencies such as Suffolk Minl the Steam Cafe. to brin8 mental healih
seryi¢es into Havcrhill ￿ l¢ast I day P￿ week by O¢tob¢r 2024- rclcasing the burden on our frontline
In¢r¢ase our s¢hools budgding WOTk across our geo￿ap1)ICal ar¢a to 30 schools by October 2024
ExpaDd our frontline capa¢iry from 172.5 hours plw to at least 187.5 hours plw by Spring 2024
Consolidatr D&W in uttlesf(brd and explore lauD¢hinwbolsierin8 D&W in Sudbury by the end of 2024
Recruit a data impaci officer by Spring 2024 to work alongside our FundraisinglCon)tns team to better
measure our impact
Re¢Nit a 'Commllnity Connector. by Spring 2024
LO￿0h #n advisory pon¢1 ntsde up of thos¢ with lived experience by May 2024
Flx*nci#l review
Policy ON resetrv
Reserves are that part of a ehariws unr¢5trÈcted funds thai is freely avdilablc to spend on any of the ¢h&ritys
purposes. REACH maintains free unr¢th'ctcd r¢serves'.
To provide a level of working Capital that protects th¢ continuity of its ¢or¢ work
- To provide a l¢vel of th1￿1￿8 for unexpected opportijnities
- To provide cover forrisks such as UDforese¢n expendityre or unanticipateil loss of irJ¢ome.
We endeavour to maintain 3 montbs of staffing at￿ Tuuning w5ts.
The board of tn]stees will review the above criteria refer¢￿e to REACH'S stral¢8y and ADhual Plall and
detsmine the target level of free res¢rve5 to meet these.
The board of trustees will at time5 designate funds from fr¢e r¢5erves for significant proje¢t Costs or r¢plaGemen¢
of major ass¢ts.
The accounts sd out on the following pa8es refl￿t the 8¢tiviti¢s of the charlty.
The annual
ort was approvedby tbe inistees of th¢ charity on 24 July 2024 at]d signed on its behalf by..
Roy Graham
Chairnwi and tnL8tee
P#ge 9

Reach Community Projects (CIO)
Trustee$, Report (contlnued)
statell￿ttt 0[Tr￿stee5. Respon5ibilitl¢$
The trustees are responsible for preparing the thJst¢es' report and the finan¢ial $￿ements in a¢¢ordance with the
United Kingdorn Accowiting Sthndards (Utiit¢d Kingdom Generally A¢ceptcd Accounting Practice) and
applicable law and regulatioTh%.
The law applicable io Charities reqyAres the trust¢¢s to prepar¢ financial sratements for each fjnattcial year which
give a and fair view of the state of affaiis of the ch&riry and of the incoming resources and application of
resources of the tharity for th￿ pcriod. In prepanng thes¢ finanGial staten￿Nts, th¢ trustees #Te requited to..
seleel suitable a¢¢ouniing policies attd then apply them CODSi5tendy'
observc the m¢thods and principles in th¢ Charili¢s SORP;
make judgenMts and estirnaies that are re¥sonable and PTud¢nt',
stste whether applicable a¢eountiiig standards havc beeb) followed. subject to material departures
disclosed atsd ¢xplained in th¢ fiDancia] statemefits,. fjnd
prq)are th¢ f]nan¢ial ststem¢nts on the goiDg ¢OThC￿ll b2$is UTh1￿5 it is inappropriate lo presume that the
Charity will continue iti busine55.
The trnstees are responsible for kttping pror¢r accounting records that dis¢lose wryth r¢asonable accuracy at any
tin)e the firtancial position of the chariry and enable them to ensure that the fumncial tht¢m¢nts comply with the
Charitic5 Act 2011. th¢ Charities {A¢¢ount5 aTKI Reports) Regulations 2008. and ih¢ provisions of the
c¢mslitution. The tnJstee5 are also responsible for 5af¢guarding the 885ets of th¢ charity and hcnG¢ for taking
reasonable step5 foi the preve#tiOD and detec¢ion of fraud and other irregularilies.
Page 10

Reach Community Projects (CIO)
Independent ExAminer•s Report to the trustees of Reaeh Commllnlty Projeet$ (CIO)
I report to the tsustees on my ¢xaTrination of the ￿o￿Trts of Reach Conjtillwty Projeots (CIO) foT the ye8T
ended 30 Sept¢mber 2023.
ReSpo￿Sibl￿11eS And b*sfis of report
As the ¢harity tsustees of Re8cb Con￿￿nity Projects (CIO) you are responsi￿1¢ for the PTq)aT4tion of the
accounts in accordance with the requirwneDts of the Clwities Act 201 J ('the Act.).
I report irL respect of my examination of the Reath Community Projects (CIO)'$ ￿COunt$ carried out
section 145 of tbe 201 l Act athd in calrying out my examination I h8Ye followed all the ¥ppli¢able Direthioiis
given by the ChoTity Commission Mnder se￿10n 145(5Xb) of the knt.
llldepe*dent ex•mlD¢r'¥ itgtsment
Sinc¢ R¢aeh Community Projects (CIO)'s gross income exce¢ded £250.000 yow examiner be a member of
a body listed irt section 145 of the 2011 Act. I confimi that l #m qualified to widertake the eX￿￿]￿tion bec4w¢
l #m & member of Chartered Certified Accoun￿( whi¢b i5 one of the listed bodies.
I have compl¢led my examination. I confwm thai no ￿￿trIal n)atters have come to my attention in conne¢tion
with the ¢xamioation 8iving me cawe to beli¢ve that in any material res￿..
. ac¢ounting records wer¢ not kept in resp¢d of R¢ach Co]Dmunity P￿iects (CIO) as req￿lled by seclion
130 of the Act- or
2. the accounts do not accord with those T¢cords' or
3. the a¢¢ounts do ttot eonjply with the accounting r¢qUir¢M¢￿S conc¢rning the form and content of a¢covDts
set out in the Ch￿ltieS (Accounts and Reports) Regulations 2008 other th&) arty requirement that the
¢ounts give a 'tyue ond fair vi¢* which is not a matter conSTdervJ as part of an iJdeEthdrnt
I b4ve no concerns and have com¢ aCTQ88 no other Jnatt¢rs in ¢onnection with the exgmin&tion to which attsntion
should be drawn in this re￿rt in order to en8bl¢ a proper understanding of the ac¢ount$ to be r¢¥che
SL
Lisa King
Charter¢d C¢rtified Accoullt￿t
8 The Hamilton8
Newrnark¢t
Suffolk
CB8 ONF
24 July 2024
Pag¢ll

Reach Commllnlty Projeets (CIO)
Statement of FiDanclal Activities for the Year EDded 30 September 2023
Uttrestrleted
Restt4cted
TotAI
fullds
21123
Not¢
IDcfjme •nd EndowmeDts from:
Donations aD(I ]eg￿leS
]Dves￿¢￿t incorne
Oth• in¢omc
409.083
215.712
12
624,795
12
2,200
2,2
Tota] inmme
411283
215.724
627.007
Exp¢ndlture on:
RaisiDg fithds
ChaTtt4bl¢ activities
Otbth expendilwe
Tots] ¢Xpa￿]b￿re
Net iJcomel(exp¢ndi¢we)
Gros8 transf¢rs b¢twe¢n fill￿$
(357)
(68,453)
181.632)
(30,106)
{193,754)
87,598
(30,523)
(262,207)
(269.230)
(561,960)
250,442)
311,518)
160,841
(63.138)
195.794)
63,138
65.047
Net rty)v¢rn¢nt in fjMMI8
of
97,703
(32,656)
65.047
Total funds bTought fO￿ard
Total fjjnds carried forward
13,600
72.748
86.348
14
IIIJ03
Unrertrlcttd
fllnds
40,092
Restrkt¢d
ruud$
151.395
Total
2022
Note
Inrojue #Dd Endtswments from:
DoDatioDS and lewies
Investment income
Other incoDJe
162,648
219,050
381,698
90
90
381,789
Totsl income
162,648
219,141
Ezpendlevre on."
Raising fwKIs
Charitable activities
her expeDdittir¢
(7911
(62,7471
{127,762
{32.022)
{65,731)
(184.685
(32.813)
(128,478)
312,447
Total expendi
Nel expe￿￿'￿￿e
191,3001
282.438
473,738
{28.652)
33,967
(63297)
33,967
(91,949)
Net movernt in funds
Re￿*￿￿1110￿ of fwids
Toial fimd8 brought foTward
76220
Totsl fund5 Carried fornwd
14
13,601
72,747
All of th¢ ctmrity's activities derive from continuitig operations thwing the above two periods.
Th¢ noi¢S on pages 14 to 24 fom aTL inte
al part of these financial $tstem￿ts.
(62.619)
(29.330)
(91,949)
102.077
178,297
86,348

Reach Communlty Projects {CIO)
(Registration number: 1169108)
Balance Sheet as at 30 September 2023
2023
2022
Note
Flxtd •sset#
Tangible asscts
12.215
3,063
Current assets
Debtors
Cash ai bank and in hand
10
5,107
173.699
196,160
196.160
178.806
Cr¢ditort: Amounts falling due wlthiti ODe year
{16,032
(10.2621
Net turr¢Dt Assets
180,128
168,544
Total assets less current Il#billtles
192.343
171,607
Credhors: Amounts falling due •fttr more than year
Net asset$
13
(40.948)
151.395
(85.259)
86.348
Funds of the charlty:
Restricted Income funds
Restrictcd fullds
40.092
72,747
Unrestricted Incomt funds
Unr¢$iricted funds
111,303
13,601
Total funds
14
151,395
86,348
The fjnancial 51atemcnts on pages 12 to 24 W¢Te appiov¢d by the t￿￿et8, and autb)ri8¢d for issue on 24 July
2024 41nd sibmed on their behalf by..
Roy Graha
Chairnjan at]d trustee
The note5 (>n pages 14 to 24 forn) aD inte
Page
I part of these financial ststetneRts.

Reach Communlty Projeets (CIO)
Noles to the Financial Statements for the Year Ended 30 September 2023
l Aceountlng pollcks
ststemenl of eompli*n¢¢
The fmancial statements bave b¢en prep¥r¢d in accordance with th¢ secolld edition of th¢ Charities Statement of
Recommended Prnctice issued in October 2019, the Fin8ncial Reporting Stathd applicable in the Unrted
Kingdom and Republi¢ of Ireland (FRS 102) and the CIMrities Act 2011.
BAsl$ ofprtp*r#tlon
Reach Cotnmunity Projects (CIO) meets thr definition of a public benefit cniity under FRS 102. Th¢ accounts
{financial stat¢ments) have been prepared under the hi510Ti¢a] c05t conv¢lllion with Ilen￿ recognised at Cost OT
trajjsaction valu¢ unless otherwise stated in the relevant note(sl to these a¢¢ounts.
G•thE ¢oneerrt
The trustee5 consider that th￿e aTe DO material ￿certaInlieS about the ¢hariWs ability to continu¢ as a going
¢oK¢rn.
Intome awl eDdowments
Voluntary in¢ome including donatioLs, gifts, legacies and grants that provide core fiu)ding or are of a general
ture are recogrtis¢d when th¢ charkty has entitlement to the income. it is probable that the income will be
received and th¢ anjounl can bc m¢asured with sufficient reliabiliiy.
4ndlég4Tcies
Donations at￿ legacies are recognised on a Te¢eivY4ble basis when receipt 1$ probable and the amount be
reliably measured.
Grants recehT4IA¢
Grants are Tecognised when the charity has aD entitlement to the fiu)ds and any conditions linked to the grants
have been m¢t. Where p¢rforDvan¢e conditions are attached to the grant and ajr y¢t to be m¢t, the iti¢ome 15
recognised as a liability and iDcluded on the balance sheet as defe￿¢d incom¢ to be relused.
"vidends are reco￿)]5¢d owe the divid¢nd has been deelared noiification has been received of tbe dividend
Expendltsrt
All expellditur¢ is recognis¢d once there is a legal or eonsttuctive obligation to thai expenditure, it is probable
settlement is wuired aTLd the amount can be Tneasured reliably. All costs are allocated to the applicable
expenditure heading that a8gregat¢ similar ¢0$18 to that ¢8tegory. Where co$ts cannot be directly aiiributed to
particular headin8s they have been allocated OD a basis ¢onsistent with the use of resources, with central staff
costs allocated on the basis of time spenL and depreciatioT) ¢harges allo¢ated oll the portion of the asset's use.
Other support costs ar¢ allocated based on the spreAd of staff ￿Sts.
These are costs incurred in attracliTJg voluntary income, the mana8emeDt of investments and those incurred in
trading actLNryties that raise fimds.
Page 14

Reach Conjmunity Projects (CIO)
Notes to the Flnancial Statements for the Year Ended 30 September 2023 (¢oDtinued)
Ch4ritoble 4eilwities
Cbarilablc Expenditure Comprises those costs incuned by the Charity in th¢ delivery of its activitie5 and s¢rvi¢es
for its beneficiaries. It includcs both ¢08ts that can be allocated dir¢ctty lo such a¢tivitieB and thost cosi$ of an
indir¢¢i nature ne¢¢ssary to support th¢nL
Support Costs
Suppon ¢osts Incl￿1¢ ccntral fimctiotjs a￿l have been #llo¢ated to a¢tiYity Cost ¢ategori¢$ on a bosis consist¢nt
th the use of resour¢¢s, for example. allocating property costs by floor area& or per ¢apit4 5tsff ¢osts by the
time spent A￿d other Costs by their usage.
GovernAnce costg
Th¢se inclwde the costs attributable to the Charity's ¢omplian¢e with const]￿tional and stathtory requirements,
in¢ludin8 audit, strategi¢ ma￿gem¢Tht and trustees n*etin8s and re5mbursed cxpens¢s.
TAxatlo
The chan'ty is ¢onsidered to pas$ the tests set out in Par&￿ap￿ I Schedule 6 of the Financ¢ Act 2010 and
therefor¢ it meets the definitson of 8 charitable ¢ODJpany for UK co4x>fAtion lax purposes. Accordingly. the
Charity is potenti8lly cxempt from tsxation in respecl of in¢ome or ¢&pitsl ￿aInS receiv¢d within cateBOri¢S
vered by a)apter 3 Part 11 of the Co￿￿Tatio[l Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to tbe extent that such income or gains are applied exclusively to d)aritable pU￿OseS.
T*n%lble fixed assets
Individual fixed asscts cosiin8 £11)O.00 oi tNire are initially recorded at cost, less any subsequent accumulated
depreciation al￿ subsequent a¢¢umulat¢d impaimKnt loss¢&
Depreciatlon 8nd *mort16AdoD
D¢pr¢ci8tion is proYid¢d on tangible fixed assets so a5 to write off th¢ cost or Valuatio￿ less any c5timat¢d
residual value, oyer their ¢xpected ￿e£u1 e¢onomir life.
Trade debtors
Trade debtors are amounts due from Custom￿$ for mercbandise 501d or services perforn)ed in the ordinary
course of business.
Trade debiors are re¢o8ni5ed initially at the transaction price. They ar¢ sybsequ¢nily measured at al)￿rtIStd cost
using the effe¢tive interest method, leu provision for unpairnjent. A PrO￿sion for the impaimiertt of trAde
d¢btOTS is estsblished when there is objeeiiv¢ ¢￿den¢¢ that the charity will not be fjble to ci)Ilect all amounts due
according to the origirtal ternis of the r¢c¢ivabl¢s.
C•$b g4nd ¢0sh equivalents
Cash and ¢asb equivalents comprise cash on hand and call deposits, and other short-tertn highly liquid
investments that are readily convertible to a kno￿Tr amount of cash and are subject to an i]LsigllifI¢￿t risk of
chwge in value.
Trade ¢reditor$
Trdde creditors are obligations to pay foy goods OT services that have been a¢quir¢d in the ordinary Course of
b￿S-inesS from $uppliers. Accounts payable are clasgifi¢d as curreTbt liabilities if they do not hav¢ an
unconditional righl at the end of the r¢porting period, tt) defeT settlement of the creditoi for at ieasl twelve
months After thc reporting date. If there is an uD¢onditional right to def¢r Settlem¢￿ for ai least twelve months
attcr thc reporting date, they are presented as non-Gurr¢nt liabilities.
Page 15

Reach Communlty Projects (CIO)
Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)
Borrowing$
Int¢t¢5t_beaTing borrowings are initially reeorded at fair value, net of tranM¢tiot) costs. IDterest-b¢aring
borrowings are subsequ¢ntly carried ￿ atTh)rtised cost, with the ditYer¢Dce between the Proceeds. t)et of
transactioll costs, and the amount due on redemption being r¢¢4J8ntscd a5 a ¢harg¢ to the Statement of Fina￿la1
Activilics oveT th¢ period ofthe relevant borrowing.
Interest ex￿nse 15 recognised on thc basis of the effective interest method and 1$ inc1￿4¢d in interest payable
and similar charges.
Borrowings are classified as ¢urr¢nt liabilitL¢5 U￿eSS the charity h&$ an unconditional Tight to def¢r s¢ttleJD¢ni of
the liability for at least twelvc months after the repotting date.
Fund stru¢tsre
Unr¢stsirted iticome fiu)ds are general fjJDds that are available for us¢ gt the trwtees di5cr¢tioll in fillth¢￿e of
the obje¢iives of the Charity.
Restricted in¢tsm¢ fimds are thos¢ donated for use in a parti¢ular area or for byecifLC purposes, th¢ use of which
is restricted to thai area or putpose.
Pensiolls *nd other post retiremeiit obligAtions
The charity op¢rates a defittcd contribution pension scbeme which is a pension plan under which fixed
contribuhons ar¢ paid into a pension fund and the ¢lwity ha5 no legal or con5tTu¢tive obligation to pay further
contribwioD$ evtn if the fi]nd does nor hold 5uifi¢ient a￿ets to pay all ¢mployees the benefits relaiing to
employee setvi¢¢ in the current and prioT
ContributioTL* to defined contribution plan5 are r¢cognised iti th¢ Stat¢tllent of Financial Activities when they are
due. If contribution pajynents txcecd th¢ ¢ontiibution du¢ for service, the exces5 is retObmi5ed as a pr¢pawt.
FlnAnelal lThstruments
Clossificgtiv
Finan¢ial assets and fiDau¢iAI liabilities are re¢o8wsed when the charity becom¢5 a party to the contracwal
provisions of the inslTwnent.
Finan¢ial liabiliti¢s ard cquity instruments Are ¢las5ified a¢¢ordin8 to the substance of the contractual
arrangem¢rLt5 entered into. An couity instrumcnt is any ¢ontrd¢t thai evidences a tesidual inter¢# in the assets of
the charity after dcduciing all of its liabilities.
Page 16

Reach Communlty Projects (CIO)
Notes to the Financial Stotements for the Year Ended 30 September 2023 (Continued)
All finan¢ial assets and liabilitie5 are initially measured at transactiOII PTlCe (including trawction costs), except
for thos¢ flnancial ass¢ts classified as at fair value through profit or loss, wbirh are initially measured 8t fair
value (which is J￿nn3]lY the transaction pri¢¢ excluding traDsa¢tion c051sl, unless the arrangemcnt eonstimt¢5 a
fjnancing transaction. If an amngement ¢onstitute& a fiDancing tTansaction, the financial ass* or finan¢tal
liability is rneasur¢d at the PT¢s¢nt value of the fi]bJre payments dis¢ouDted at a rdte of interest for a
siinilar debt instrument.
Finan¢ial assets and liabilities are thjly offset in the statem¢nt of )IDaneial wJ$ition when. atMI only ￿Lell ther¢
¢xist¥ a le8ally e￿OrCe&ble right to set off the ￿ognISed amouD15 and the charity intet)ds either to settle on a
net basis, or lo r¢alise the assei and settle the liability sirnu)raneously.
FiDancial assets are der¢cogTLised when and only when a) the ¢ontracthal rights to the cash flows from the
rinancial asset ¢xpire or ar¢ settled. bl the charity transf¢rs to another party substantially all of th¢ risks and
rewards of ov￿cTship of the financial 855eL or c) the Charity, despite having retaitied some. but nol all,
significant risks a￿1 rewards of owner5hip> transferrcd control of the asset kn aDoih¢r pty.
Finan¢ial liabilities arc deretO8ni5ed only whejj the obligation sp¢¢ified in the tontrdct is dischargd, call¢ell¢d
or expir¢$.
Page 17

Reach Community Projects (CIO)
Notes lo the Financial Statements for the Year Ended 30 September 2023 (continued)
Debi Instrun￿￿t5 which meet the following conditions or¢ sub5equ¢ntly messured ai amortisd c05t using the
effe¢iiv¢ int¢r¢8t Method..
(a) Thc contra¢tual rctum to the holder is (i) a fixed amount. (li) a positive fJx¢d rdtc or a positiv¢ variable rnt¢'
or (iii) a combination of a posiiive or a n¢8ative fLxed rate and w positive variable ra*.
Ib) The contra¢t ll￿Y provid¢ for repayments of the prittcipal or the reftwn io the holder (but JM)t both) to b¢
linked to a single relevant obstrvable index of general pnce infiation of th¢ tu￿enCY in which the debt
instrument is det)ominated, provided such links are not leveraged.
(¢) Th¢ contract moy provide for a d¢tern)inable variation of the return to the holder during the life of the
insiNm¢nL provided that {il the new rate satisfies condition (a} and th¢ variation is nol ¢ontingent on future
events other than (l) a changc of a contracwal variable rate,. (2) to protect th¢ holder against ¢redit deterioration
of the i55uer: (3) Changes in levies applied by a central bank or arising from chan8¢s in relcyant taxation or law.
or {ii) the ncw tate is a market late of interest alld saiisfies condition la).
(d) Ther¢ is no contra¢tual provision that could, by ils temis, ￿sUIt in the hold¢r losing the ptin¢ipal amount or
any interest attributablc to the ¢ll￿C￿t period orpriorperio(ts.
(¢) Contractual provisions that p¢miit the i5$11er to prepay a debi instnllnent or permit the holder to put it back to
the issuer before nuwrity are not ¢ontin8ent on fittwe events. Other than to proteci the holder against the credit
deterioTatioll of the issuer or a chan¥e it) control of the issuer, or io proiect the holder or issuer against Changes
in levies applied by a ceDtral bank or aTisittg from changes in relevant taxation or law.
(fj Contractual provi.%ioll5 mty p¢rn)it the extension of the teml of the debt instrument, provided that the retum
to the holdcr and any oth¢r contTa¢tual pro￿5]0￿$ appli¢abl¢ during th¢ ¢xtend¢d ttm satisfy the CODditiODS of
paragraphs {a) to (c).
Debt instruments that are ¢lassifi¢d a5 payable or receivable within one year on initial recognition and whi¢h
meet thc above conditions are measured at the undis¢ounted amount of the cash or other consideratioD expected
to b¢ paid or re¢¢ivel n¢t of itnpairnmt.
Witb the ¢x¢eption of som¢ hedging IT￿tt]ull¢￿tS, other d¢bt instruments not ￿￿et￿tig thes¢ conditions are
measured at f•"r value through profit or loss.
Commiknents to make 8nd receiye loans which m¢¢t the conditions mentioned above are measured 4t C051
(which may b¢ nil) less impairrttnt.
Inveslments
InvesrmeJ)ts in non4oDvertible preference shaTeS aTLd non-puttable ordinary or preference shares (wbere shares
are publicly traded or their fair value 15 ieliably roeasurable) are measured ai fair value through profit or loss.
Where fair value ¢at)not be measured reliably, invesiments are measured at cost less impainnetlt.
Investmetts in subsidiari¢5 and asso¢iates are n￿a￿vred at cost Icss impairnxnt. For Inve8th￿nts in subsidiaries
acquired for coll5ideration including the issue of Sha￿ qllalÉfying for merger relief, cost i5 measur¢d by
refer¢n¢e to the nominal value of the shar¢s issued plus fatr value (>f other coDsid¢ration. A￿Y premium ts
iwred.
Page18

Reach Communlty Projects (CIO)
Notes to the Financial Statemenls for the Year Ended 30 September 2023 (continued)
Flvir v4lue
The b¢st evidence of fair valu¢ is a quot¢d pric¢ for an identical &8set in an active market. When quoted pri¢es
are unavailable, the pricc of a recent transaction for an identital asset provides evidence tsf fair valu¢ as long as
therc ha5 not becTJ a significalli chang¢ in economic c7￿um$￿nCeS or a 5ignifi¢ant lapse of time since the
tr4￿SactIon took place. If the nwket is not active and rccent tr8n8actions of an identical asset on their #re
noi a g¢)od esfimat¢ of fair value, th¢ fair valu¢ is esiimat¢d by using a valuatson technique.
2 1￿come frnm and lega¢l¢s
Unre$trictsd
fuDds
Gener41
Restrlc¢¢d
fund$
Total
2023
Tot•1
2022
DonaLion5 atsd legaeie5'
Online donations
One off gitis
(iift aid r¢¢laimed
Grants, including capithl grallts.
Core fU￿dIng grants
Regular giving and capitsl
donations
14,910
77,483
9,914
14,910
82,478
9,914
21.386
74,417
1,003
4,995
271.938
203,992
475.930
245.923
34,838
6,725
41.563
38,969
381,698
409,083
215,712
624,795
3 Investment ID¢ome
Restrl¢tsd
funds
Tot*1
funds
Interest rcttivable and similar income,.
Interest Te¢eivable on baDk d¢posits
12
12
Tot81 for 21123
12
12
Tot￿ for 2022
Page 19

Reach Conununity Projects {ClO)
Notes to tbe ￿anCial Statements for the Year Ended 30 September 2023 (continued}
4 An4]ysls of govern*Mc¢ and support costs
Governance ¢tssts
Unre5trieted
funds
Gener•1
Totsl
Irrflependent examit)er fees
Examinstion of the financial ststements
Depreciation. arnortisaliorj and other similar costs
6(X)
2,478
600
2,478
Total for 2023
3,078
3,078
To¢¥1 for 21122
600
5 Trustees remuneration and expense8
No Iwst¢¢s, rioE any persons ¢onnee*d with the￿ have rcceived any remun¢ration from the charity duTill8 the
yEar.
No In￿tee5 have r¢c¢iv¢d ally reirnbur5ed expeJJses from tht charity during the year.
Page 20

Reach Communlty Projects (CIO)
Notes to the Finantlal Statements for the Year Ended 30 September 2023 (wntinued)
6 Staff colts
Th¢ awegate payroll costs were as follows..
2023
2022
Staff efjsts d￿rkng th¢ ye%r were:
W&8es and salaries
So¢ial security costs
Pension costs
Other staff costs
228,050
22.331
9,109
9,740
269230
281,896
14,853
7,133
8,565
312.447
17 (2022- 16) of th¢ above employees parts'¢ipat¢d in the Defined Contribution Prnsion Schemes.
Contributions to the employee p¢Thsion s¢hem¢s for the year totall¢d £9.109 (2022- £7,133).
No ettyloyee rcttived ¢moluments of thore than £60,000 during lh¢ year
7 Independe￿¢ examkner's retnuD¢ration
2023
2022
Examination of the financial statetnents
600
600
Page 21

Reach Community Projects (CIO)
Note5 to the Financial Statsm¢nt$ for the Year Ended 30 September 2023 (continued)
8 Taiatitin
The charity 1$ a registered charity and is theTefore exempt from tsxatton.
g Tangible fixed agsets
Furniture 4nd
equipme￿¢
Motor vehlcles
Total
At l Octob¢T 2022
Additlons
26216
.630
26,216
11,630
10,0(
At 30 SeptembeT 2023
27,846
10,i)00
37,846
DepredatloR
At l Ocwber 2022
Charge for the year
At 30 September 2023
23,153
620
23,153
2,478
1,858
1.858
25,631
Net booJE walue
At JO September 2023
At 30 September 2022
8.142
12,215
3,063
10 Debtor$
2023
2022
Other debtors
5,107
11 C¥$h and c4sh equlvalents
2023
2022
Cash on hand
Cash at bank
1253
194,907
456
173,243
196,160
173,699
Page 22

Reach Communlty Projects (CIO)
Notes to the FiDan¢ial Statements for the Year Ended 30 September 2023 {¢ontinued}
12 CredltOTS: #mounts falllng due wfithin olle year
2023
2022
Traik ¢r¢ditors
Other taxation and social SttUTity
Other Lyeditors
Accruals
5,465
7,605
2,302
600
1,878
5,455
1.729
1,200
16,032
10.262
13 Credlior5: *moynts fall1￿% dve after Ibne year
2013
2022
D¢ferred in¢ome
40,948
85,259
Defered it￿me refers to grant into￿ received in the year th&1 has been carried forward io the following year.
14 Funds
Ball￿te
311
Stptenjber
2023
Balance #t I
October
2022
Inton￿rng
ruollrees
Resovrces
expeDded
Tr8n$fers
Unrestricted fund5
Gen¢rdl
13,61K)
411,283
1250.4421
1311,518
(63,138)
63.138
111303
Restrict¢d fund5
72,748
215.724
40,092
Totsl IIiDds
86,348
627,007
(561,9601
151.395
Page 23

Reach Community Projeets (CIO)
Notes to the Finan¢ial Stat¢nJents for Ihe YeY4r Ended 30 September 2023 (contfinued)
B#l*D¢e at
30
September
2023
October
21122
Resourct$
expended
r¢Bource$
Transfers
Unrestrlcted
GeneMI
R¢ach
Social Enterprise
5,198
8,402
407.407
3,876
411,283
(240,125)
(10,317)
(250,442)
(63,1381
109,342
1,961
111,303
13,6(Kl
(63,138)
Rtstrkted
Foodbank
Reach inio th¢ Community
Clicnt Aid
29.085
160,319
26,320
215,724
{92.223)
(189.194)
30,101)
1311,518)
63.138
S9,718
13,030
30,843
9249
72,748
63.138
40,092
TDtAi funds
86.348
627.1N)7
(561,960
151.395
Bilwn¢e at
30
Septetnber
2022
Balance At I
October
2021
Incoming
reSlbllTte$
R¢50llrees
exp¢Dded
Transfert
UThrestricted funds
General
76,220
162,648
(191,31XI)
(282,438)
(33,967)
33,967
13,601
Restrleted fwnds
102,077
219,141
72,747
Total fo￿d8
178,297
381,789
473,738
86,348
Page 24