REGISTERED CHARITY NUMBER: 1169310 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 FOR REBOUND CARERS SUPPORT GROUP
REBOUND CARERS SUPPORT GROUP CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Page Report of the Truste8S Statement of Financial Activities Balance Sheet Notes to the Financial Statements
REBOUND CARERS SUPPORT GROUP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 The trustees present their report with the financial statements of the charity for the year ended 31 October 2024. The trustees have adopted the wovisions of Accounting and Reporting by Gharities.. Statement 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) (effective 1 January 2019) OBJECTIVES AND ACTivrriES Objectives and aims Our continuing Objectives is to provide support to our Members. many of whom have suffered the problems caused by loved ones and relatives due to Alcohol Abuse and l or Drug Addith"on and Substance Abuse, by holding Group Meetings or one to one aSsistsn. Some Members find help from our "Bereavement by Addiction" meetings to help them guide a path through their grief and suffering. Our activities have been based un trying to attract new members who need our assistance by enhancing our use of our Website and other Social Media. Effort to obtain more funding has been critical as funding that we previously obtained from Hampshire County Council. the NHS and the Police has dried up due to cuts in spending by Nats"onal and Local Govemment. Funding has been received from Portsmouth Clty Council and The League of Friends of St. Mavs Hospital Portsmouth. Public benefrt The trustees confirm that they have referred to the guidan contained in the Charity Commission's general guidan on public benefit when reviewing the charity's aims and objectives and in planning future aGtivities. The trustees refer to public benefit throughout this report. ACHIEVEMENT AND PERFORMANCE The number of people attending our M'ngS has inLYeased and the age range is from 18 years to senior citizens, covering a good mix of sexes. Our Outreach Program of visiting people who require hdp but are unable to attend meetings is growing steadily. The Performan of trained Volunteers goes from strength to strength as they gain in experience. FINANCIAL REVIEW Since becoming a Registered Charity we have been able to attract more funding from The Big Lottery, The Partnership Foundation. Breeze Radio. The Henry Smith Charity. The Garfield Weston Foundation and The League of Friends of St May's Hospital Portsmouth. We are careful with our expenditure always avRre that obtaining funding is difficult due to the Social Stigma relating to Alcohol and Drugs. Nevertheless, we end our year in a good finanaal position. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng document The charity is controlled by its governing documenc a deed of trust and constitutes a Charitable incorporated organisation. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 1169310 Page 1
REBOUND CARERS SUPPORT GROUP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 Prlnclpal address 101 Washbrook Road Portsmouth Hampshire P06 3SB Trustees L J Evans D T Meager (resigned 5.2.2024) R Batterbury D Hawkins S Reddin A Newman (appointed 5.2.2024) P Darvill (appointed 12.12.2023) J West (appointed 12.12.2023) We are pleased to be able to have the use of Portsmouth City Council's Carers Centre at 117, Orchard Road, Southsea, Hampshire, P04 OAD which is a purpose built e tablishrnent that meets our requirements. Approved by order of the board of trustees on ..... and signed on its behalf by.. A Newman - Trus Page 2
REBOUND CARERS SUPPORT GROUP STATEPAENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 24.738 4,727 EXPENDITURE ON Raising funds 185 515 Charitable activities Carer's Support 12,310 17,351 Total 12,495 17,866 NET INCOMEI{EXPENDITURE) 12.243 (13,139) RECONCILIATION OF FUNDS Total funds brought forward 6.861 20,000 TOTAL FUNDS CARRIED FORWARD 19,104 6,861 The notes form part of these financFal statements Paae 3
REBOUND CARERS SUPPORT GROUP BALANCE SHEET 31 OCTOBER 2024 2024 Total funds 2023 Total funds Notes CURRENT ASSETS Cash at bank 19.434 7,173 CREDITORS Amounts falling due within one year (330} (312) NET CURRENT ASSETS 19.104 6,861 TOTAL ASSETS LESS CURRENT LIABILITIES 19,104 6,861 NET ASSETS 19,104 6,861 FUNDS Unrestricted funds 19,104 6,861 TOTAL FUNDS 19,104 6,861 The fina ial s tements were approved by the Board of Trustees and authorised for issue on . and were signed on its behalf by". A Newman - Tw ee The notes fomi part of these financial statements Paae 4
REBOUND CARERS SUPPORT GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordan with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Slatement of Financial Activities once the charity has entrtlement to the funds, it is probable that the income will be reiVed and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as s(K)n as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wthin 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 financia1 statements. Flnanclal Instruments The charity only enters into basic financial instruments transactions that result in the recognrfcion of financial assets and liabilities like trade and other accounts recervable and payable, loans trom banks and other third parties and loans to related parties and investments in non-puttable ordinary shares. Trade and other debtors Short term debtors are measured at transaction pri, less any impairment. Loans 1Vable are measured initially at fair value, net of transaction costs, and are measured subsequently at arno"Sed cost using the effeckn've interest method, less any impaiment Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-temi highty liquid investrnents and bank overdrafts. In the balan sheet, bank overdrafts are shown within borrowngs or current liabilities. Trade and other creditor5 Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initialty at fair value, net of transaction costs, and are rneasud subsequently at amortised cost using the effective interest method Page 5 conts'nued...
REBOUND CARERS SUPPORT GROUP NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 DONATIONS AND LEGACIES 2024 2023 Donations 24.738 4,727 RAISING FUNDS Raising donations and legacies 2024 2023 Sundries 185 515 CHARITABLE ACTIVITIES COSTS Support costs (see note 5} Dire Costs Totals Carerfs Support 11.980 330 12,310 SUPPORT COSTS Governance costs Carels Support 330 Support costs, included in the atrve, ale as follows: Governance costs 2024 ca$ Support 2023 Total activities Accountsncy and legal fees 330 318 TRUSTEES. REMUNERATION AND BENEFITS During the year a trustee was paKI for their services to the charity totalling £3,535 (2023: £3,308). Trustees. expenses During the year two trustees were reimbursed out of pocket expenses totalling £582 for travelling (2023". £540). Page 6 continued...
REBOUND CARERS SUPPORT GROUP NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 4,727 EXPENDITURE ON Raising funds 515 Charltable actlvlties Carer's Support 17.351 Total 17,866 NET INCOMEIIEXPENDITURE) (13,139) RECONCILIATION OF FUNDS Total funds brought forward 20,000 TOTAL FUNDS CARRIED FORWARD 6,861 CREDITORS: AMOUNTS FALLING DUEWHlN ONE YEAR 2024 2023 Other creditors 330 312 MOVEMENT IN FUNDS Net movement in funds At 1.11.23 At 31.10.24 Unrestricted funds General fund 6,861 12,243 19,104 TOTAL FUNDS 6.861 12,243 19,104 Net movement in funds, included in the above are as follows: Incorning reSoUrS Resources expended Movement in funds Unrestricted funds General fund 24,738 (12,495) 12,243 TOTAL FUNDS 24.738 (12,495) 12,243 Page 7 continued...
REBOUND CARERS SUPPORT GROUP NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 MOVEMENT IN FUNDS- continued Comparativos for movement In funds Net movement in funds At 31.10.23 1.11.22 Unrestricted funds General fund 20,000 (13,139) 6,861 TOTAL FUNDS 20,000 (13,139) 6,861 Comparative net movement in funds, included in the al)ove are as follows: Incoming resources ReSoUrS expended Movement in funds Unrestricted funds General fund 4.727 {17,866) (13.139) TOTAL FUNDS 4,727 (17,866) (13,139) 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 October 2024. Page 8