## **Trustees’ Annual Report for the period** ## **From 1 Jan 2022 Period start date To 31 Dec 2022 Period end date** ## **Charity name: Ignite Life Limited** ## **Charity registration number: 1181408** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To Act As A Resource For Young People
Up To The Age Of 25 Living Throughout
England And Wales By
Providing Advice And Assistance,
Organising Programmes Of Physical,
Educational And Other Activities
And Providing Grants As A Means Of: (A)
Advancing In Life And Relieving The Needs
Of Young People By
Developing Their Skills, Capacities And
Capabilities To Enable Them To Participate
In Society As
Independent, Mature And Responsible
Individuals; (B) Advancing Education; (C)
Relieving Unemployment;
(D) Providing Recreational And Leisure
Time Activity In The Interests Of Social
Welfare For People Living
In The Area Of Benefit Who Have Need By
Reason Of Their Youth, Age, Infirmity Or
Disability, Poverty Or
Social And Economic Circumstances With
A View To Improving The Conditions Of
Life Of Such Persons.
(E) Promoting And Preserving Physical And
Mental Health (F) Promoting Social
Inclusion For The Public
Benefit By Preventing Young People From
Becoming Socially Excluded, Relieving The
Needs Of Those
People Who Are Socially Excluded And
Assisting Them To Integrate Into Society.
For The Purpose Of This
Clause 'Socially Excluded'
Means Young People Who Are Being
Excluded From Society, Or Parts Of
Society, As A Result Of One Of More Of
The Following Factors: Unemployment;
Financial Hardship; Ill| |||Health (Physical Or Mental); Substance
Abuse Or Dependency Including Alcohol
And Drugs; Relationship
And Family Breakdown; Poor Housing
(That Is Housing That Does Not Meet Basic
Habitable Standards;
Crime (Either As A Victim Of Crime Or As
An Offender Rehabilitating Into Society);
Youth; Race; Gender;
Poor Educational Or Skills Attainment;
Disability; Ethnic Origin; Or Who Are
Within, Or Have Experienced,
The Public Care Or Penal System.| |---|---|---| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|•
Mentoring
•
Counselling
•
Food support| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have regard to the Charity
Commission guidance on public benefit
when considering projects to support
(including but not limited to the Covid-19
specific guidance).| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|n/a| |Policy on social investment
including program related
investment|Para 1.38|n/a| |Contribution made by
volunteers|Para 1.38|Ignite Life’s food bank and food delivery
service is supported by a team of around
17 part-time volunteers. Their roles include
opening and closing the food bank,
managing the food bank, supporting
service users and managing stock.
Ignite Life also provides a range of
supported volunteer programmes for young
people to help advance their work based
and social skills. This incudes within our
food bank, budgeting and purchasing
stock, collecting donations, supporting with
social media content, and more.| |Other||n/a| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|From Jan 2022 – December 2022, the
charity has:
ØProvided 672 hours of mentoring
support which includes meals,
activities, tuition, access to sport,
wellbeing check ins, life changing
opportunities, and more.
ØProvided 430 1:1 counselling
sessions to 43 young people. Of
these sessions, 18 young people
received 6 counselling sessions, 20
young people received 12
counselling sessions, and 5 young
people received 18 counselling
sessions. Ignite has also set up a
family support counselling service
and has recruited a new specialist
dramatherapy family counsellor to
start in 2023.
ØContinued to support families in
food poverty with delivered food
parcels. In August 2022, we also
opened our food bank which has
hugely increased the number of
people receiving support and
provided over 17 volunteer positions
for our community and for young
people.| **Additional information (optional)** You may choose to include further statements where relevant about: ||Achievements against
objectives set|Para 1.41|Our mentoring service has supported in
advancing life and relieving the needs of
young people by developing skills, raising
aspirations, confidence and self-esteem.
Our mentoring, during 2022, has helped
young people to advance in education and
supported with the educational gap as we
provided support during the school
holidays. Our mentoring also helped young
people transition from school to college, we
provided travel training to those with
anxiety and challenges to increase
confidence.| |---|---|---|---| |||Our counselling service has supported the
mental health and wellbeing of young
people in our community. Positive mental
health supports young people advance in
other aspects of life and our counselling
programmes have created positive long-
term outcomes for young people.
Our food support service has expanded to
better support our community in relieving
unemployment, and promoted social
inclusion for the public benefit by working to
prevent young people from becoming
socially excluded.| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|Ignite has continued to fundraise
successfully to ensure continuation and
expansion of services to meet community
needs.| |Investment performance
against objectives|Para 1.41|**n/a**| |Other||**n/a**| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|In the 12 months to 31stDecember 2022,
the Charity had a total income of £129,804
and expenditure of £82,910.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Given our objectives of supporting young
people reach their potential through holistic
support services, our reserves policy aims
to ensure our work is protected from the
risk of disruption at short notice due to lack
of funds, whilst at the same time ensuring
we do not retain income for longer than
required.
We have based our projections for the
appropriate amount of reserves we require
on the basis of estimated running costs for
3 months. However, we operate on a model
which makes no financial commitment until
funding is secured, therefore, our risk is
relatively low in terms of an unforeseen
drop in income. Therefore, this policy
outlines the exceptions allowed for going
below our reserves if spending is required
for unforeseen maintenance costs.| |Amount of reserves held|Para 1.22|Reserves amount: £2063.25| |Reasons for holding zero
reserves|Para 1.22|n/a| |Details of fund materially in
deficit|Para 1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|n/a| **Additional information (optional)** You may choose to include further statements where relevant about: Principal source of funds secured from grants and charitable trusts. The charity’s principal sources of funds (including Para 1.47 any fundraising) n/a Investment policy and objectives including any Para 1.46 social investment policy adopted n/a A description of the principal Para 1.46 risks facing the charity n/a Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Deed| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Apart from the first charity trustees, every
trustee must be appointed for a term of
three years by a resolution passed at a
properly convened meeting of the charity
trustees.
In selecting individuals for appointment as
charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.| |**Additional information (optional)**
You may choose to include further statements||where relevant about:| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|n/a| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|n/a| |Relationship with any related
parties|Para 1.51|n/a| |Other||n/a| ## **Reference and Administrative details** |Charity name|Ignite Life| |---|---| |Other name the charity uses|| |Registered charity number|1181408| |Charity’s principal address|Unit 6 Bridge Road
Kingswood
Bristol
BS15 4FW| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Wayne Cockram|||| ||Richard Berry|||| ||AdyTomsa|||| ||Chris Davies|||| ||Dianne Evans||8thApril 2022|| ||Sal Mansfield||27thApril 2023|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** As above Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |n/a||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|n/a| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |Bethanie Cundy – senior staff member||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details n/a ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Wayne Cockram **Position (eg Secretary,** Chair **Chair, etc)** **Date** 12/9/23 Ignlte L5fe Financial Statements Year ended 31 De¢trmb6r 2022 Page Trustees. annual report lin¢orporallng the directors, reporti Independent examinerfs report lo the Iruslees Slalemenl of financlal aclivities (including income and expenditure accounll Statement of financial position Slal8menl of cash flows Noles to the financial statements 8-11 Ignite Life Tru$tèès' Annual Report Iln¢orporatlng the Directors, Report) Year ended 31 DÈeèmbèr 2022 The trustees. who afe also the directors for the purposes of company law, present their rerxirt and the financi81 $18lements of the charity for the year ended 31 Decemb&r 2022. Refer•nco and administfativo (lètslls Registered ¢harity name Ignite Life Charlty registration number 1181408 Company registration number CE016083 Principal office and reglstered office The trustees Unil 6 Bridge Road Kingswood BRISTOL BS15 4FW Independent axamlner D Boulton Ignite Life Trustees. Annual Rèport Ilncorporating the Directors. Report) [￿￿tInUed) Year endad 31 December 2022 Structure. governance and manag•mènt The Ignite Life is a registered charity InLJmber 1181408} governed by 115 Mtsmorandum and Ariicles of As50cialion. Trustees are the people responsible lor controlling Ihe work, mana9ernenl and administration of the tharily on behalf of its beneficiaries. Generally trustees are treasurér. chair. board member elc. Charitsble objècts and activities To Act As A Resource For Young People Up To The Aga Of 25 Living Throughout England And Wales By Providing Advi￿ And Assistance, Organising Programmes Of Physical, Educational And Other Actiwties And Providing Grants As A Moans 01.. {Al Advancing In Life And Relieving The Nèeds Of Young People 8y Developing Their Skills. Capacities And Capabilities To Enable Them To Participate In Society As Independent, Mature And Responsible Individuals.. IB) Advancing Education,. ICI Relieving Unemployment., IDI Providing Recreational And Leisure Time Adivily In The Inlere51s Of Social Welfarè For People Living In The Area Of Benefit Who Have Need By Reason Of Their Youth, Age, Infirmity Or Disability. Poverty Or Social And Economic Circumstances Mfilh A View To Improving The Conditions Of Life Of Su¢h Persons. IE) Promoting And Presetving Physical And Menial Health IF) Promoting So¢i81 In¢lusion For The Public Benefit By Preventing Young People From Becoming Socially Excluded, Relieving The Needs Of Those People INho Are Socially Excludeil And Assisting Them To Integrate Into Society. Foi The Purpose 01 This Clause'swially Exduded, Means Young People Who Are Being Excluded From Sociely. Or Parts Ofsociely, As A Result Of One 01 More Of The Following Fa¢lors'. Unemployment.. Financial Hardship,. 111 Health (Physical Or Menlall.. Substance Abuse Or Dependency Including Alcohol And Drugs; Rélationship And Family Breakdown,. Poor Housing (That Is Housing Th81 Does Not Meèt Basio Habitable Standards.. Crime (Elther As A Victim Of Crime Or As An Offènder Rehabilitating Inlo Socielyl,. Youth,. Ra￿,. Gènder., Poor Educalional Or Skills Allainmenl., Disability.. Ethnic Origin.. Or Who Are Within, Or Havè Experienced, The Public Care Or Penal System. Risk managemènt TheTruslees have Idfjnt￿6d the major riskto wh￿h the chaiily 1$ axposed as being the need lo raise sufficient n¢ome to cover management cos15. Thes& risks have been addressed partly by a mernbership diivè, partly by aiming lo more than wvér direcl costs on most events, partly by iaising ctsrporate sponsorship and significantly with a major donation. Strategie rèport The following sections for achievements and performancè and financial review form the strategic report of the ¢harily'. Achlevements and perfom7anc¥ Ignite Life acts as an agent for social change. lo promote, advan￿ in life, provide for and relieve the needs of young people for the public benefit, wilh a specific focus on enhancing the scicial. physical and mental well-being of socially excluded young people, and thosè in danger of becoming socially excluded young people, in England and Wales. Ignite Life Trustees. Annual Report Ilncorporating the Dir•eto*s Report) (continuedj Y¥ar ended 31 Decernber 2022 Flnancial review Income from corporate subs¢riptions I￿reaSed during 2022 by raising income from individual Subscriptions and philanthropic donations. The fund inflow was 129,80412021.. 65,1301. Plans for future periods The Trustees plan lo conlin(t8 to expand the reach and a¢lNities of Ihe charity in 2022. Resèrves will be mainlalned at a prudent level consistent wlth that growlh. Trustees. responslbllStlès statement The Iruslee5, who are also directors for the purposes of company law. are responsible for preparing the Iruslees, report and the finanaal slalements in accordance with 8pplicable law and United Kingdom Accounting Standards Iunlled Kingdom Generally A¢¢ept8d Accounting Practice). Cornpany law requir&s the charity Iruslees lo piep8rè financial stalernenls for each ye8r which give a true and fair wew of the stale of affairs of the charitable company and the incoming ￿$Ou￿eS and application of resources. including the income and expenditure, for that period. In p￿parIng these financial st8lem8nts, the trustees are required lo.. select suitable 8¢¢ounling policies and then apply Iham eonsistenlly.. ob8ervè the methods and principles in the applicable Charities SORP., rnake judgments and accounting eslim8tes that are reasonable and prudent., prèpare the financial stal8mènls on the going concem basis unless it is inappropriate lo presume that the charity will continue in business. The trustees are responsible for keeping adequate accounllng records that are sufficientto show and explain the charity's transactions and disclose with reasonable accuracy al any lime the fin8nclal position of the chaiily and enable them to ensure th* the financial stalemenls cornply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonablè slaps for the prevention and dele¢tion of fraud and other Irregularities. Wayne Cockram Richard Berry Wayne Cockram Richard Berry Dale 1219123 Dale 1219123 Chris Davies Dlanne Evans Chris Davies Dianne Evan5 Dale 1619123 Dale 1219123 Adrian Tomsa Sal Mansfield S. Mansfield Ady Tomsa Dale 1219123 Oale 1419123 gnite Life Independent ExomIn&￿S Report to TruBtse$ of Ignlte Life Year ènded 31 December 2022 I report on the financial slalemenls of Ihe Charitable Company for the year ended 31 December 2022. which comprise the Slalement of Financial Actlviliés, the Balance Sheet, the Stalemenl of Cash Flows and the related notes numbers 110 19. Respective re8ponslbllltles of Trustse$ and Examiner The charl￿S Trustee3 land the Diredors of the Company for the purposes of company law} are responsible for the preparation of the fin8ncial stalemenls. The ch31ity's Trustees corisider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the 2011 Act) and Ihal an independent examination is needed. 11 is my responsibility lo: èxamine the financial slalèments {under sectitsn 145 of the 2011 Acll- lo follow the procedure8 laid down in the General Direolions given by the Charity Commissioners. {under se¢lion 145{51 of Ihe 2011 A¢tl,' and to stale whether particular mallers have com6 to my allenlion. Basis of independent examiner's r*port My exarninallon was carried out in accordance with the General Directions given by the Charity Comrni5sioner5. An exarninalion includes a review of the accounting records kept by the charity and a comparison of the financial stalemenls presented with Ihose records. 11 also includes consideT81ion of any unusual ilems or disclosur8s in the financial 5t8lements and seeking explanations from you as Trustees concèrning any such mallers. The procedures undertaken do not provide 811 the evidence that would be required in an audil and, consequent￿, I do not express an audit opinion on the wew given by the financial stalemenls. Indèpendent examiner's ststèmant In o)nnection with my examination, no maller has come lo my aliention.. (11 which gives me reasonable cause lo believe that, in any material respect. the requirtsmenls.. lo keep accounting re¢ords in accordance with sèction 130 of the 2011 Act and section 386 of Ihg Companies Act 2006", and lo prepare flnancial slatemenls whkh accord with the accounting records, comply with the accounting requiremenls ol the 2011 Act, section 396 of the Companies Act 2006 and with the methods and principles ol the Stalernenl of Recommended Practice.. Accounting and Reporting by Charities have not been met". or 12) lo which. in my opinion. attention should be drawn in order lo enable a proper understanding ol the financial slalemenls lo be reached. Debbie Boullon Date.. Ignite Life ststement of Flnancial Activitlès lincluding Income and expendlture accounti 31 December 2022 2022 Reslricled Funds 2021 Resliicted Funds Unrestricted Funds Total Funds Unreslricted Funds Total Fund5 Income Donations and legacies 5,384 48,481 53.865 14,176 14,176 Corporate subscriptions Local Authority subscriptions Events activitie5 Miscellaneous 7,646 58,784 86,430 364 34.645 35.￿9 7.544 7,544 12,520 12.520 1,870 1.870 2.975 2,975 95 95 450 450 Total income 14.995 114.809 129.804 3,339 61,791 65,130 Ex enditure Management and governan costs Nola 5 43.542 43,542 21.453 21,453 Events activities 1,596 1,596 Expenditure on charitable activities (Nolts 3e,279 20,569 20,569 8,440 27,839 D6precialion 200 Totsl ex enditurè 3,089 3,089 3.075 3,075 8,440 74,470 82.910 1,596 45,097 46,693 Net income Transfers between lund5 Net movement in funds 6,555 40,339 46.894 18,437 Total funds brou hl ltsrward Totsl funds carried forward 40,437 950 23.743 24,693 2,693 43,130 9.248 80.776 90.024 2,693 40,437 43.130 The st81ement of financial 8Ctivities includes 811 gains and losses recognised in the year. All income and expenditure derive from continuing actlvilies. The notes on pag¢s 8 to 11 fomi part of these financial statements Ignite Life ststement of Flnancial Position 31 D•camb&r 2022 2022 2021 Note Current assets Fixed asset 15.512 Depreciatlon on FA 8,990 6,522 9,475 Cash at bank and in hand 83.639 31,385 Donation In Kind & Prepayments 495 2.750 Creditors: amounts falling due within one year 16321 (4801 Net assets 90,024 43.130 Funds of the charlty Endowment funds Restricted fLJnds 80,776 40,437 Unrestricted funds 9.248 2,693 Total charity funds 90,024 43,130 For the financial year ended 31 December 2022 the company was enlilled lo exemption Irom audit under section 477 of th6 Companies Act 2006 relating to small companies. The directors acknowledge their responsibilities for complying with Ihe requiiernenls of the Companies Acl 2006 with resped lo aecounling records and the preparation of financial $181ements. The members have not required the company lo obtain an audit of its financial slalemenls for the year in question in accordance with section 476. These financial s181ements have been prepared and delivered in a¢¢ordan¢è with the prowsion5 applicablè lo companies subject to the small ￿MpanIeS, regime. Thos9 finanaal statements were approved by the board of trustees and aulhorised for issue on .and are signed on behalf of thè board by.. Wayne c￿kraM Richard Berry Wayne Cockram Richard Berry Date Date Chris Davles chri5 Davies Dianne Evans Dianne Evans Dale Dale Adrian Tomsa Sal Mansfield AdyTomsa S.Mansfield Oale Dale Ignite Life The notes on page5 8 to 11 form part of these financlal $tst8mants statement of Cash Flows Yèar ended 31 December 2022 2022 2021 Cash flows from operating activitlès Net income 46,894 18,437 Adjustment for.. Fixed assel additions Depreciation of tangible fixed assets Other interest receivable and similar income 11361 3.089 11,2451 3,075 Changes in.. Stock, trade and olher debtors Trade and other creditors 2,255 152 240 Cash generated from operations 52.254 20,S07 Interest received Net cash from operating activities 52.254 20,507 Net inorease In cash and cash equivalents Cash and cash equlva18nts at beginning of year Cash and cash equivalents at end of year 52.254 20,507 31.385 10.878 81,639 31,385 Ignlte Life The notès on pages 8 to 11 form part of thèsè flnancial statsments. Notes to the Financlal Statement8 Year ended 31 December 2022 General infomiation This chaiity was registered on 03m112019 (Number 11814081. The address of the registered office Unil 6 Bridge Road Kingswood Brislol. BS15 4FW. statement of compliance These financial slalemenls have been prepared in complianc8 Wlth FRS 102, The Financial Reporting Standard applicable in Ihg UK and the Republic of Ireland., the Statement of Recommended Practi￿ applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandaid applicable in the UK and Republic of I￿land IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basls of preparatlon The financial slalemenls have been prepared on the Accrual basis. The financial slalemenls are prepared In sterling, which is the fundional curren¢y ol the entity and rounded to the nearest £. Golng concam There are no material uncertainlles about the charity's ability to continue. Fund accountlng Funds held by thts ¢harily are either.. Unrestricted funds- these are funds whlch can be used In accordance with the charitable objects al the discretion of the Trustees, of which some are designated for specific purposes, but not irrevocably. Restricted funds- these are funds that can only be used lor particular restricted purposes within the objects of the chaiity. Restriciions aiise when specified by the donor. These funds are either end(>wments (capital base maintained) or restricted inwme (the entire fund may be used for the restricted purposel. In¢omlng re50ur¢es All incomSng resources arè included in the statement of financial aciivilies when enlitlemenl has passed to the charily., il is probable that the economic benefits associated with the tran5actiorn will flow lo th8 charity and the amount can be reliably measured. Th¢ following specific policies are applied lo particular categories of income.. income from donations is ￿cOgniSed when there is evidence of ènlitlemenl lo the gift, receipt is probable. and its amoLJnl can be measured reliably. income from donated goods is measured al the fair value of the goods unless this is impractical lo measure reliably, in which case the value is deiived from Ihe cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when receNed if the value can be reliably measured. No amounts are included for the conliibution of general volunteers. Ignite Life Notss to the Financial Statèments (conlinu8d) Year ended 31 D&cember 2022 Aecounting policies (continued) Financial instruments A financial asset or a financial Irabilily is recognised only when the charity be¢omes a party lo the contractual provisions of the instrijmenl. Basic financial instruments are inillally recognised al the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequentfy measured al the cash or other consideration expected lo be paid or received and not discounted. Debt inslrumenls are subsequently measured al amortlsed cost. Wh&re investments in shares are publicly traded or their falr value can otherwi$8 be measured reliably. the investment is subsequently measured al faSr valLJe with changes in lair value recognised in income and expenditure. All other such Investments are subsequenlly measured 81 cost less impairment. Other financial inslrumenls, including derivatives. are initially recognised .al fair value, unless payment for an 8ss81 is deferred beyond normal business terms OT financed al 8 rate of interest that is not a market rate, in which case the asset is mèasured at the Present value of the future payments (Siscounled al a market r8t8 Df interest for a similar debt inslrument. other financial inslrumenl$ are subsequently mèasured al fail v8lue, with any changes reeognised in th8 statement of financial aclivilies. with Ihe exception of hedging instruments in a designated hedging relationship. Financial assets that are rneasuTed al ¢ost or amortised cost are reviewed for objaclive evidence ol impairrnenl al the end of each reporting dale. If there is objective eviden￿ of impairment, an irnpairment loss is recognised under the appropriate heading in the stalement of financial activities in which the initial gain was recognlsed. Ftsr 811 equily inslrurnents regardless of significance, and olhei financial assets that are indimdually significant, these are assessed individually for impairmenl. Other finanaal assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, lo the extent th81 the reversal does not result in a ¢arrying amount of the financial asset that exceeds what the carrying arnounl wotjld have been had the impairment not previously been recognised. Ignite Life Notes to the Financlal Statements {Gonlinued) Year ènded 31 December 2022 Donations. l• acies and sub¥criptlons 2022 Unrestricted Funds RestriGted Funds Total Fund¥ Donations 14.995 114.809 2021 R¢strlcted Funds 129,804 Unrestricted Funds Total Funds Donations 3.339 61,791 65,130 Analysls of expenditure on management and 2022 overnance costs 2021 Management costs of servielng the charitable activities Managemènt costs of servicing the charitable activltl8s Govèrnance costs Governancè costs Particulars Marketing Travel & Subsistence 68 93 105 50 Training costs Insurance 128 372 936 779 Accounting Subscription Miscellaneous Expenses Repairs & Maintenance 480 2,519 1,255 3,300 357 93 Website Developrnent 1,362 162 S818ry 21,781 14,285 Van Cosls 527 27S HMRC 4.990 1.037 Renl 5,940 3,470 631 43,542 20.973 480 io- Ignite Life Notes to the Financial Statements {continuedJ Year erhded 31 Dècember 2022 Expenditurè on charitable activities 2022 Unrestricted Funds Restricted Funds Total Funds Mentoring & Counselling Food Service 26.953 886 26,953 886 Crossfit 8.440 8,440 8,440 36,279 27,839 2021 Unrestricte d Funds Restricted Funds Total Funds Mentoring & Counselling Food Service 17,774 2,975 20,S69 17.774 2,975 20,569 Trusteè rèmuneration. expensès and related party transactlons None of the trustees have been paid any remuneration or received any olher benefits from employment with the charity or a relaleil enlily. in both the current and preceding periods. Cash at bank and In hand 2022 2021 Cash in Bank 83,639 31,385 Analysis of charltable funds Funds AtlJan 2022 Expèndlture Transfers At31 Dèc 2022 Income Restricted 40.437 114.809 74,470 80,776 Unrestricted 2,693 14.995 8,440 9,248 43,130 129,804 82.910 90.024 li- Signature: Email: wayne@impactmentoringhq.co.uk Signature: Email: manslields@sky.com SÉgnatuYt: Email: dianne@evanlee.co.uk Signature: Emall: adytomsa@gmail.com 111MylSt Signature: Emzll: mrcmdavies@gmail.com Signature: Email: info@richberryedcon.co.uk ¥¥ 12.21123L&-55GMT+ll