Charity registration number 1179174 ## **THE SPEAR BRIGHTON TRUST** **RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR to 31 AUGUST 2022** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|S Brewer (Chair)| |---|---| ||O Hayakawa| ||E Hendricks| ||S Marsden King| ||J Stinson| ||L Taylor| ||T Oyeleye| |**Charity number**|1179174| |**Principal address**|57 Crescent Drive North| ||Brighton| ||BN2 6SL| |**Independent Examiner**|TC Group| ||The Courtyard| ||Shoreham Road| ||Upper Beeding| ||Steyning| ||West Sussex| ||BN44 3TN| |**Bankers**|National Westminster Bank| ||250 Bishopsgate| ||London| ||EC2M 4AA| ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1–6| |Statement of trustees’ responsibilities|7| |Independent examiner’s report|8| |Receipts and payments|9| |Statement of assets and liabilities|10| ## **TRUSTEES’ REPORT** ## **PERIOD ENDED 31 AUGUST 2022** The Trustees present their Annual report, together with the financial statements for Spear Brighton Trust for the period to 31 August 2022. The accounts comply with the Charities Act 2011, and Accounting and Reporting by Charities: 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 (effective 1 January 2015). ## **Structure, Governance & Management** Spear Brighton Trust is a charitable incorporated organisation. The organisation’s charitable aims and objectives are set out in its constitution, agreed by the Board of Trustees on 11 July 2018. The charity was registered with the Charity Commission on 12 July 2018 (Charity number 1179174). Since the inception of the charity the board of trustees has consisted of the following individuals: S Brewer O Hayakawa E Hendricks S Marsden King C Orton (resigned 31/08/2022) N Orton (resigned 31/08/2022) P Satchwell Smith (resigned 19/05/2022) J Stinson L Taylor T Oyeleye (appointed 19/05/2022) The trustees meet regularly to discuss matters relating to governance, financial administration, strategy, operational management and fundraising. The Board members come from a wide variety of backgrounds and possess skills that are relevant to the work of the organisation. All staff, volunteers, and trustees undergo a formal recruiting and selection process, followed by an induction period that includes any training considered necessary to effectively perform their role. ## **Objectives & Activities** **Inspiring the future: Transforming the lives of young people in Brighton by giving them the support, skills and confidence they need to get into work or re-enter education and begin to build a future filled with hope.** The objects of the charity are for the benefit of the public with a Christian ethos, to act as a resource for young people living in and around Brighton and Hove, providing advice, assistance and support, educational programmes and other activities. Activity undertaken during th e year and the charity’s impact is outlined further on pages 3 to 6. 1 ## **Public Benefit** In accordance with trustee duties as stated in section 17(5) of the 2011 Charities Act, trustees have considered the guidance provided by the Charity Commission in regard to public benefit. This public benefit has been demonstrated by the activities undertaken since the inception of the charity. ## **Risk Management** The Board of Trustees holds overall responsibility for Risk Management for the organisation and has conducted a review of the major risks to which the organisation is exposed. Consequently and where appropriate, systems or procedures have been established to manage the risks that the Charity faces. ## **Financial Review** Spear Brighton Trust report total receipts for the period of £183,032 (2021: 169,571). Even in the uncertain post-COVID economic climate we were able to grow our Corporate, Individual and Trust income streams. Trust income grew the most, up 20% from the previous year. Payments for the year totalled £136,339 (2021: £142,143) having managed our spending to under our budgeted amount with salary costs slightly lower due to starting the year without a full staff team. We are grateful to St Peter’s Brighton, for their continued support in providing office and workshop space helping keep our programme delivery costs low. Further details as to the makeup of income, expenditure and reserves can be seen on page 9. **----- Start of picture text -----**
Income Breakdown
Corporate
25%
Individual
56% 5% Other income
Trust and Foundations
14%
**----- End of picture text -----**
**----- Start of picture text -----**
Expenditure Breakdown
2% Salaries
6% Coach Support &
15% Training
R&D, Comms & Impact
55% Measurement
11%
Resurgo Support
11%
Operational Costs
**----- End of picture text -----**
Support from Resurgo helps us to constantly evolve the Spear programme to meet an every-changing need. They undertake significant research and development impacting both programme delivery and impact measurement which ensures Spear is having the greatest impact on the lives of our young people here in Brighton! ## **Reserves policy** The trustees have examined the charity’s requirements for reserves in light of the main risks facing the organisation. 2 We started the year with £74,155 in reserve and aimed to raise enough during the year so as to end the year with a reserve of £140,000 in advance of the 2022-23 year. We ended the year with £120,848, forming a solid base for the 2022-23 year. ## **Activity in year** Last September we were starting the year with an entirely new team! We decided to run only five cohorts across the year, rather than the normal six giving the team time to develop and strengthen. Although all new to our Centre, our amazing team has gone from strength to strength, continuing to reach new targets and support our young people in inspiring and attaining their goals. A key focus of this year was to increase our reach re recruitment, making sure Spear is accessible to all those who really need it. In addition, with moving back to in-person sessions from online, we wanted to localize our referrers and invest in those nearby. Most meaningfully, trainees who have completed the programme and recommended it to a friend are now around 15% of our total referrals! This year saw our 20[th] Celebration! What a journey it has been to reach this significant milestone. It has been such a privilege to welcome many of our supporters to these events. Some feedback we received, _“I’m still reveling in the joy of last night’s event! It was such a pleasure to meet everyone, see what you do and celebrate their success.”_ – we feel the same way! Thank you for sharing this vision with us. Whether you have donated time, skills or money, Spear could not happen without you! ## **Who We Have Worked With:** **----- Start of picture text -----**
46
**----- End of picture text -----**
**----- Start of picture text -----**
87%
**----- End of picture text -----**
**----- Start of picture text -----**
Key Barriers to Employment of Trainees
young people completed
criminal record
Spear Foundation (*across 5
currently have caring responsibilities
cohorts, rather than 6). A family involved in crime
75% completion rate. have lived in care at some point
currently in council/supported…
received free school meals
less than 5 GSCEs, A*-C
parents/guardians claimed benefits
mental health or neurodivergent
Trainees faced at least one
0% 10% 20% 30% 40% 50% 60%
barrier to employment, with
% of Trainees
26% facing three or more.
Type of Disadvantage
**----- End of picture text -----**
3 ## **What We Have Achieved:** ## **of the young people who completed Spear Foundation are in employment, 83% education or training (EET) after 12 months.** These include: - Hospitality (Wagamama’s, The Ivy, Brighton Pier) - Retail (Vintage Clothing, Brewers, Tattoo Studio) - Warehousing (UPS) - Photography assistant - Business admin (Best Insurance apprenticeship, NHS) - Cleaning - Nursery roles - University study (Art, graphic design, programming) - College study (child care, drama) **----- Start of picture text -----**
100%
**----- End of picture text -----**
**of the young people who completed Spear Foundation are notably more ‘work ready’ than when they started Spear Brighton.** Our Work-Ready Indicators (WRIs) show exactly how each trainee is progressing at each stage of the programme. This short-term outcome scale is built around five key – indicators (as backed up by research with employer partners) Attitude, Confident Communication, Professional Behaviour, Self-Leadership and Mindfulness of Others. They are integrated throughout the programme. _“What I’ve proven to myself by coming back is that my anxiety no longer has control.” says Joan*. Shortly after this, Joan* received a call from an employer she applied to, and after two interviews she got the job!_ _Jill* joined Spear with very low mood and motivation, having been diagnosed as depressed for a while, including suicidal ideation, which did resurface within the programme. She began the course with very low energy but quite quickly found community within the group and worked hard on taking on feedback and pushing her leadership and communication skills. After completing Spear Foundation, Jill* found a job at The Pier, which she loves, and has also enrolled in further studies. Speaking to a group of new trainees recently, Jill* shared that through Spear she now feels that she “ has a future, a job and a community! ”_ ## **Local Partnerships:** **----- Start of picture text -----**
50
**----- End of picture text -----**
**Referral Partners are on our database, 18 of whom refer regularly. 15% of referrals are now from past trainees!** 4 Key referral partners include: - Brighton JCP - Hove JCP - YES (Youth Employability Service) _“I’m amazed at Tim* and so grateful that your programme exists as I got to the point where it looked like there was nothing for him and no way for me to end therapy !”_ Therapist, Schools Wellbeing Trust - Schools Wellbeing Service - Early Parenting Assessment Programme - Stopover (Impact Initiatives) - Prince ’ s Trust _“Spear works bloody miracles”_ Work Coach, Youth Employability Hub - CAMHS (Children and Adolescent Mental Health Services, NHS) - SET (Supported Employment Team) **Businesses supported Spear through hosting company visits, offering internships 10 and work experience days, giving staff time to help with mock interviews and funding.** Thank you in particular to the following companies: Best Insurance, Southern Water, Elucidat, Riverstone, One Family, Graphite and Wagamama’s. In 2021, OneFamily developed new long-term partnerships with local charities. Spear Brighton Trust were chosen as one of our partners by our Brighton employees, and we’re delighted to work with a charity whose aims are such a close match to ours. We’re passionate about impr oving access to education and training and helping people to overcome disadvantage to succeed in work and life, so partnering with Spear has been a great opportunity for us to make a difference. Several of our employees have benefitted from volunteering with Spear, helping them hold mock interviews with young people looking for employment. This has been a great way for staff members to give back to the community, whilst gaining new skills and confidence. I was apprehensive at first to have two very inexperienced staff to support along with all my other responsibilities, in walked two shy apprentices for their first ever job. Well, all I can say is what a pleasure it has been so far! Both are eager to learn and have settled into their roles really well considering it is their first ever role. Jim* has such a funny and dry sense of humour and Matt* just keeps on wanting to learn more. I can’t believe the difference in such a short space of time, they have both grown in confidence and are valued members of the Best Insurance Family. I feel proud of how far they have both come. One staff member, who volunteered with Spear at the s tart of 2022 said of the experience: “ _It made me feel a sense of fulfilment and that I’m doing something positive and useful.”_ *all names have been changed for confidentiality 5 70 ## **Volunteers offered their time in Mock Interview or Career Panel sessions.** What struck volunteers the most… - _“Being able to use my recent experience of looking for work to help the trainee_ - _to know the fundamentals of giving a strong interview.”_ - _“ How rewarding it was not just for the interviewee but for me also. Watching Harry* grow in confidence, take on feedback. He should be extremely proud. ”_ - _“ It was fantastic opportunity to help, and the trainee was so engaged with the process I felt very fortunate. The improvement from interview 1 to interview 2 demonstrated that it clearly works as a set up. ”_ Trainees continue to connect with employers who have live vacancies through regular CV handouts and joining in with Job Centre Employment Events. An increasing number of trainees get offered interviews off the back of our mock interview sessions. ## **Future Plans** The charity plans on continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. 6 ## ## ## **REPORT OF THE INDEPENDENT EXAMINER** ## **TO THE TRUSTEES OF SPEAR BRIGHTON TRUST** I report to the trustees on my examination of the accounts of Spear Brighton Trust for the year ended 31 August 2022. I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2022 which are set out on pages 9 to 10. ## **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Mark Cummins FCCA FCIE** on behalf of TC Group The Courtyard Shoreham Road, Upper Beeding, Steyning, West Sussex BN44 3TN Dated: .....2 December 2022........ 8 |**Spear**|**Brighton Trust**|**Brighton Trust**||**Charity number:**|| |---|---|---|---|---|---| ||**1179174**
**Receipts andpayments accounts**||||**CC16a**| |**For**|**the period**
**from**|01/09/2021|**To**|31/08/2022|| |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**157,148**
**-**
**-**
**-**
**-**
**157,148**
**-**
**-**
**-**
**157,148**
**7,500**
**102,955**
**-**
**-**
**-**
**-**
**-**
**110,455**
**-**
**-**
**-**
**110,455**
**46,693**
**-**
**74,155**
**120,848**|**Restricted**
**funds**
**to the nearest £**
**25,884**
**-**
**-**
**-**
**-**
**25,884**
**-**
**-**
**-**
**25,884**
**-**
**25,884**
**-**
**-**
**-**
**-**
**-**
**25,884**
**-**
**-**
**-**
**25,884**
**-**
**-**
**-**
**-**|**Designated**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**2022**
**to the nearest £**
**183,032**
**-**
**-**
**-**
**-**
**183,032**
**-**
**-**
**-**
**183,032**
**7,500**
**128,839**
**-**
**-**
**-**
**-**
**-**
**136,339**
**-**
**-**
**-**
**136,339**
**46,693**||**Total funds**
**2021**
**to the nearest £**| |Donations and legacies|**157,148**|||||**169,571**| |Other|**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**157,148**|||||**169,571**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**169,571**| |||||||| |Fundraising|**7,500**|||||**5,625**| |Charitable Activities|**102,955**|||||**136,518**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**110,455**|||||**142,143**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**142,143**| |||||||| ||**46,693**|**-**|**-**|**46,693**||**27,428**| ||**-**|**-**|**-**|**-**||**-**| ||**74,155**|**-**|**-**|**74,155**||**46,727**| ||**120,848**|**-**|**-**|**120,848**||**74,155**| 9 |S e c t|S e c t|i o n|B S t a t e m e n t|B S t a t e m e n t|o f a s s e t s|o f a s s e t s|a n d liabilities a t|t h e e n d o f t h e|t h e e n d o f t h e|p e r i o d|p e r i o d||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||U n r e s t r i c t e d||R e|s t r i c t e d||D e s i g n a t e d| ||||C a l e q o r i c s||D e t a i l s|||f u n d s|||f u n d s||f u n d s| |||||||||to nearest £||to|nearest £||to nearest £| |B 1|C a|s h f u n d s|||||||||||| ||||||||T o t a l c a s h f u n d s|1 2 0 , 8 4 8|||||| ||||||(agree balances w i t h receipts and p a y m e n t s||||||||| ||||||||account(s))||||||| |||||||||U n r e s t r i c t e d||R e|s t r i c t e d||E n d o w m e n t| |||||||||f u n d s|||f u n d s||f u n d s| ||||||D e t a i l s|||to nearest E||to|nearest £||t o nearest £| |-||-|||=|?||=||||=|| |||||||||Fund to w h i c h|||.||C u r r e n t value| ||||||D e t a i l s|||asset belongs||C o s|t (optional)||opti| ||?||||?||?|=|=||||| |||_|||||||||||| |||||||||Fund to which|||.||| ||||||Details|||asset belongs||Cost (optional)|||| |B 4|A s|s e t s|r e t a i n e d f o r t h e||||||[||||| |c h a r i t y ? s o w n||||u s e|||||P|||||| |||||||||Fund to w h i c h||A m o u n t due|||W h e n d u e| ||||||D e t a i l s|||liability
relates|||||?optional| |B5|Liabilities||||||||||||| |Signed||by one or two trustees on|||||Signature|Print|N a|m e|||Date of| |behalf of all the trustees|||||||||||||approval| |||||||||Leslie Taylor|||||| ## **Document Activity Report** ## **Document Sent** Mon, 05 Dec 2022 13:36:38 GMT ## **Document Activity History** Document history shows most recent activity first ## **Date** ## **Activity** You can verify that this is a genuine Portal document by uploading it to the following secure web page: **http://tcgroup.accountantspace.co.uk/messages/VerifyDocument**