Ignite Life
Financlal Slalements
Year ended 31 December 2023
Page
Trustees. annual report lin¢orporating the dire¢lors' report)
Independent exarniner's report to the trustees
Slalemenl of financial activities (including income and expenditure a¢¢ounll
ststement of financial position
ststement of cash flows
Notes to the financial statefflents
8-11

Ignite Life
Trustees. Annual Report Iln¢orporatlng the Dlrectors, Report)
Yèar ènded 31 December 2023
The Iruslees. who are also the directors for the purposes of company law, present their report and the
financial slalements of the charity for the year ended 31 December 2023.
Roferanca and admlnlstratlva datalls
Registered charity namè
Ignite Life
Charity registration number
1181408
Company registration number
CE016083
Principal office and regi5tsred office
The trustees
Unit 6 Bridge Road
Kingswood BRISTOL
BS15 4FW
Indep&ndent examiner
D Boullon

Ignite Life
Trustees. Annual Report (Incorporating the Dire¢tors' Report) (continuedj
Year ended 31 Decembar 2023
Structure, governance and management
The Ignite Life is a registered charity (number 11814081 governed by ils Memorandum and Articles of
Associalion.
Trustees are the people responsible for controlling the work, management and administration of the charity
on behalf of ils beneficiaries. Generally trustees are treasurer, chair. board member elc.
Charitable objects and activitiès
To Act As A Resource For Young People Up To The Age Of 25 Living Throughout Engl8nLY And Wales By
Providing Advice And Assistance, Organising Programmes 01 Physical. Educational And Other Activities
And Providing Grants As A Mean5 Of.. IA) Advancing In Life And Relieving The Needs Of Young People By
Developing Their Skills, Capacities And Capabilities To Enable Them To Participate In Society A5
Independent, Mature And Responsible Individuals- IBI Advan¢ing Education- ICI Relieving Unemployment..
101 Providing Recreational And Leisure Time Aclivily 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.
IE) Promoting And Pieservlng Physical And Mental Health IF) 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'soclally Excluded. Means Young People Vvho Are Being Excluded From Soclety. Or Parts 01 Society,
As A Result Of One Of More Of The Following Factors.. Unemployment., Financial Hardship,. 111 Health
(Physical Or Menlall", Substsnce Abuse Or Dependeney Including Alcohol And Drugs." Relationship And
Family Breakdown.. Poor Housing IThal Is Housing That Does Not Meet 8asic Habitable Stsndards," Crime
(Either As A Victim Of Crime Or As An Offender Rehabilitatin9 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.
Risk management
The Trustees have identified ttie major riskto which the charity is exposed as being the need to raise sufficient
income lo cover management costs. These risks have been addressed partly by a membership drive. partly
by aiming lo more than cover direct costs on most events. partly by Taising corporate sponsorship and
significantly wlh a fF)ajor donation.
strategic report
The following sections for achievements and perfomiance and financial review forn the strategic report of
the charity..
Achievements and perforniance
Ignite Life acts as an agent for social change, lo promote, advance in life, provide for and relieve the needs
Df young people for the public benefit, with a speeific focus on enhancing the social. physical and mental
well-being of socially excluded young people, and those in danger of becomin9 socially excluded young
people, in England and Wales.

Ignite Life
Trustegs. Annual Report Ilncorporating thè Director's Report) (continued)
Year ended 31 December 2023
Financial review
Income from corporate subscriptions Increased during 2023 by raising income from individual 5ubscriplions
and philanthropic donations. The fund inflow was £234.94912022.' £129,804).
Plans for futu￿ periods
The Trustees plan lo continue lo expand the reach and activities of the charity in 2024. Reserves wll be
maintained at a prudent level consistent with that growth.
Trustees. responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing the
Iruslees, report and the financial slalemenl$ in ac¢ordan¢e with applicable law and United Kin9dom
Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice}.
Company law requires the charity Irustees to prepare financial statements for ea¢h year which give a true
and fair vlew of the slate of affairs of the charitable company and the incomlng resources and applicatqon of
resources. including the income and expenditure. for that period.
In preparing these financial slalemenls, the tiuslees are required to..
select suitsble a¢¢ounling policies and then apply them ¢onsislenlly',
observe the methods and principles in the applicable Charities SORP..
make judgments 8nd accounting estimates that are reasonable and prudent-,
prepare the finan¢ial 51atemenls on the going coneern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are SLthcient to show and explain
the Charity's transactions and disclose with reasonable a¢¢ura¢y al any b.me the financial posib.on of the
charity and enable them lo ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other iTregularilies.
Wayne Cockram
Richard Berry
Date 23110124
Dale 23110tt4
Chris Davies
Sarah Hoskinson
Date 2411012024
Date.. 2311012024
Adrian Tomsa
Ella Pedler
Date 23110124
Date 23110124

Ignite Life
Independent Examiner's Report to Tru5tses of Ignite Life
Year &nded 31 December 2023
I report on the financial statements ofthe Char(fable Company for the year ended 31 December 2023, which
comprise the Statement of Financial Activities. the Balance Sheet, the Statement ol Cash Flows and the
related notes numbers 110 19.
Respective responsibilities of Trustees and Examiner
The charity's Trustees (and the Directors of the Company fof the purposes of company lawl are responsible
lor the preparation of the financial siatemenls. The charity's Trustees consider that an audit 15 not required
lorthis year (under section 144 of the Charities Act 2011 Ilhe 2011 Act) and that an independent examination
is needed.
It is my responsibility to..
examine the financial statements (under section 145 of the 2011 Act).,
lo follow the procedures laid down in the General Directions given by the Charity Commissioners.
{under section 145151 of the 2011 Acl}', and
lo slate whether particular tnatters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the a¢¢ounting records kept by the charity and a
comparison of the financial statements presenlÈd with Ihr>se records. It also includes consideration ol any
unusual items or"disclosures in the financial statements and seeking explanations from you as"Trustees
tsnceming any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and, Consequently, I do not express an audit opinion on the view given by the financial
stslements.
IndependÈnt examlnerfs statement
In connection with my examination, no matter has come to my allention..
{1}
which gives me reasonable cause lo believe that, in any material respect. the requirements..
to keep accounting records in aecordance with section 130 of the 2011 Act and section 386 of
the Companies Act 2006., and
lo prepare financial 51alemenls which accord with the accounting fe¢oids, comply with the
accounting reouiremenls of the 2011 Act, section 396 of the Companies A¢t 2006 and wilh the
methods and principles ofthe Slalement of Recommended Pra¢li¢e.' Accounting and Reporting
by Charities have not been mel", or
12} lo which. in my opinion, attention should be drawn in order to enable a proper understanding of the
financial statements to be reached.
Debbie Boullon
Dale:
g /(0

Ignite Life
Statement of Financial Activities
(including income and expèndlture accounll
31 December 2023
2023
Restricted
Funds
2022
Restricted
Funds
Unresliicled
Funds
Total Funds
Unrestricted
Funds
Total
Funds
Incomè
Donalions and
legacies
Corporate
subscTlPtions
1,673
201.215
202.888
5,384
48.481
53.865
19.740
19,740
7,646
58.784
66,430
Local Authority
subscriptions
7,544
7.544
Events
activities
12.150
12,150
1,870
1.870
Miscellaneous
& Bank interest
67
104
171
95
95
Total income
21,480
213.469
234,949
14.995
114.809
129,804
Ex
enditure
Management
and
governance
¢osts
Note 4
Expenditure on
charitable
activities (Note
80,364
60.364
43,542
43.542
16,085
53,465
69,550
8.440
27,839
36,279
Deprecialion
20%
Total
ex
enditure
3,102
3.102
3,089
3,089
16.085
116,931
133.016
8.440
74,470
82,910
Net income
Transfers
between funds
Net movement
in funds
5.395
101,933
6,555
40.339
Total funds
brought
forward
Totsl funds
carrièd
forward
9,248
80,776
90,024
2.693
40.437
43,130
14,643
177.314
191,957
9.248
80,776
90.024
The Statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from Continuing activities.
The nots$ on pagès 8 to 12 form part of these financial statsmènts

Ignite Life
ststement of Financial Position
31 De¢&mber 2023
2023
2022
Note
Current assets
Fixed asset
15.512
Depreciation on FA
12,092
3,420
6.522
Cash at bank and in hand
189,219
83.369
Prepayments
495
495
Creditors- amounts falling du• within on& yèar
{1,1771
1632}
Nèt assets
191,9S7
90,024
Funds of the charity
Reslri¢ted funds
177,314
80,776
Unrestricted funds
14.643
9.248
Total charity funds
191,957
90,024
For the financial year ended 31 December 2023 the company was entitled lo exemption from audit under
section 477 of the Companies Act 2006 relating lo small companies.
The directors acknO%￿edge their responsibilities lor complying wlh the requirements of the Companles Act
2006 wth Tespect to accounting re¢ords and the preparation of financial statement5.
The members have not required the company lo obtain an audit of its finan¢ial statements for the year in
que5tson in accordance with section 476.
These financial statements have been prepared and delivered in accordance ¥Mth the provisions applicable
tts companies subject lo the small companies, regime. These financial slalemen15 were approved by the
board of tfuslee5 and aulhorised for issue on
.and are signed on behalf of the board by..
Wayne Cockram
Richard Berry
Date 2311012024
Dale 23110124
Chris Davies
Sarah Hoskinson
Date 2411012024
Date.. 2311012024
Adrian Tomsa
Ella Pedler
Dale 2311012024
Date 23110124

Ignite Life
ststement of Cash Flows
Year ended 31 Decemb&r 2023
2023
2022
Cash Ilows from operatlng actlvlties
101,989
Nel income {less bank interest)
18.437.34
46.894
Adjustment for..
Fixed asset additions
11361
Depreciation of tangible fixed assets
3.102
3,089
Other interest receivable and similar
income
Changes in=
Stock, trade and other debtors
2.255
545
Trade and other ¢redilc>rs
152
Cash generated from operations
105.536
52.254
Interest received
44
Net cash from operating aclwities
105.580
52.254
Net increase in cash and cash
equivalènts
105,580
52,254
Cash and cash equivalent5 at
beginning of year
83,639
31,385
Cash and cash èquivalents at ond of
year
189.219
83,639
The notes on pages 8 to 12 form part of these financial 5tatement5.

Ignite Life
Notas to the Financial Statements
Yearended 31 December 2023
General Informatlon
This charity was registered on 0310112019 INumber 11814081. The address of the registered office
Unit 6 Bridge Road Kingswood Bristol. BS15 4FW.
statement of compliance
These financial statements have been prepared In compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement of
Recommended Practice 3ppliGable to charities preparing their accounts in accordance with the
Financial Reporting Stanclard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP IFRS 10211 and the Charities Act 2011.
Accounting policies
Basis of preparation
The financial slalements have been prepared on the Accrual basis.
The financial slalemen15 are prepared in slerfing, which is the functional currency of the entity and
rounded to the nearest £.
Going concern
There are no material uncertaintie5 about the charity's ability lo continue.
Fund accounting
Funds held by the charity are either.
Unresliicted funds- these are funds which can be used in accordance with the charitable Dbjecls al
the discretion of the Trustee5, of which some are designated for specific purposes, but not
iirevocably.
Restricted funds- these are funds that can only be used for parb¢ular restricted purposes ¥Mlhin the
objects ol the charity. Reslriclions arise when specified by the donor. These funds are either
endowments {capital base maintained) or reslricled income {the entSre fund may be used for the
reslricled purposel.
Fixed assets
Fixed assets are stated at cost sess accumulated depreciation. Depreciation is charged lo the
income and expenditure aGcounl over S years using the straight-line method.
Incoming resource5
All incoming resources ar& included in the statement of financial activities when entillemenl has
passed lo the charity.. il is probable that the economic benefits associated with the transaction wll
flow to the charity and the amount can be reliably measured. The following specific policie5 are
applied to particular categories of income".
Income from donations is recognised when there is evidence of entitlement to the gift. receipt is
probable. and its amount can be measured reliably.
income from donated goods is measured al the fair value of the go¢xls unless this is impractical
to measure reliably, in which case the value is derived from the cost lo the donoror the eslimaled
resale value. Donated facilities and 5ervice5 are reGognised in the accounts when received if
the value can be reliably measured. No amounts are included for the contribution ol general
volunteers.

Ignite Life
Notes to the Financial Ststernents (continued)
Year gndad 31 December 2023
Accounting policies (continued)
Financial instruments
A financial asset Of a financial liability is recognised only when the charity becomes a party lo the
contractual provisions of Ihe instrument.
Basic financial instruments are initially recognised atthe amount receivablo or payable including any
related transaction costs.
Current assets and current liabilibes are subsequently measured al the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured al amortised cost.
here investments in share5 are publi¢ly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with ¢hanges in fair value recognised
in income and expendilufe. All other such investments are subsequently measured al cost less
impairment.
Other financial instruments. including derivatives, are inilial5y recognised .al fair value, unless
payment for an asset is deferred beyond normal busines5 terms or financed al a rale of interest that
is not a market rate, in which case the asset is measured at the present value of the future payments
discounted at a market rate of interest for a similar debt Instrument.
Other financial instruments are subsequently measured at fair value. with any changes recognised
in the statement of financial aclivilies, with the exception of hedging instruments in a desi9naled
hedging relationship.
Financial assets that are measured al cost or amortised c05t are reviewed for objective evidence of
impairment at the end of each ￿pOrting date. 11 Ihere is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the ststemenl of financial activities
in which the initial gain was re¢o9nised.
For all equity instruments regardless of significance, and other financial assets that are individually
significant, these are assessed individually for impaiimenl. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk ¢hara¢lerislicg.
Any reversals of impairment are recogni5ed immediately. to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carying amount would have
been had the impairment not previously been recogni5ed.

Ignite Life
Notes to the Financial Statements (continuedj
Year ended 31 December 2023
Analysls of expenditure on management and governance costs
2023
2022
Management
costs of
servicing the
charitable
activiti8$
Management costs
of servicing the
charitabla activities
Particulars
Governance
Costs
Governance
costs
Marketing
193
68
Travel & subsistence
320
105
Training costs
290
128
Insurance
1,493
936
Accounting
173
Subscriptlon
7.011
2.519
Temporary staff
7,567
133
Miscellaneous expenses
1,255
Repair5 & maintenance
4,000
3,300
Website development
907
1,362
Salaries
25.545
21.781
Vehicle expenses
363
527
HMRC
5,659
4,990
Rent & rates
6,005
5,940
Utilities
705
631
60,364
43,S42
io-

Ignite Life
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Expenditure on charitable activities
2023
Unrestricted
Funds
Restricted
Funds
Total
Funds
Mentoring & counselling
31.465
31,465
Food service
15.329
15.329
Event activities
6,267
6.267
Cooking workshop
404
404
Crossfit
16 085
18,085
16.085
53,465
69.550
2022
Unrèstrictèd
Funds
Re$trictèd
Funds
Total
Funds
Mentoring & counselling
26,963
26.963
Food service
876
876
Crossfit
8,440
8.440
8,440
27,839
36.279
Trustee remuneration, expenses and related party transactions
None of the trustees have been paid any remuneration or received any other benefits from
employment with the charity or a related entsly, in both the current and preceding periods.
Creditors
2023
2022
Accruals
56
632
Pension
288
Socbal seeurity
833
1,177
632
li-

Ignite Life
Notes to the Financial Ststements (Golltinued)
Year endèd 31 December 2023
Analysts of charitable fund5
Funds
At 1 Jan 2023
Income
Expenditure
Transfers
At 31 Dèc
2023
116.931
177,314
Restricted
80.776
213,469
Unre3tricled
9,248
21,480
16,085
14,643
133.016
191,957
90.024
234,949
12-


## **Trustees’ Annual Report for the period** 

## **From 1 Jan 2023 Period start date To 31 Dec 2023 Period end date** 

## **Charity name: Ignite Life Limited** 

## **Charity registration number: 1181408** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|To Act As A Resource For Young People<br>Up To The Age Of 25 Living Throughout<br>England And Wales By<br>Providing Advice And Assistance,<br>Organising Programmes Of Physical,<br>Educational And Other Activities<br>And Providing Grants As A Means Of: (A)<br>Advancing In Life And Relieving The Needs<br>Of Young People By<br>Developing Their Skills, Capacities And<br>Capabilities To Enable Them To Participate<br>In Society As<br>Independent, Mature And Responsible<br>Individuals; (B) Advancing Education; (C)<br>Relieving Unemployment;<br>(D) Providing Recreational And Leisure<br>Time Activity In The Interests Of Social<br>Welfare For People Living<br>In The Area Of Benefit Who Have Need By<br>Reason Of Their Youth, Age, Infirmity Or<br>Disability, Poverty Or<br>Social And Economic Circumstances With<br>A View To Improving The Conditions Of<br>Life Of Such Persons.<br>(E) Promoting And Preserving Physical And<br>Mental Health (F) Promoting Social<br>Inclusion For The Public<br>Benefit By Preventing Young People From<br>Becoming Socially Excluded, Relieving The<br>Needs Of Those<br>People Who Are Socially Excluded And<br>Assisting Them To Integrate Into Society.<br>For The Purpose Of This<br>Clause ‘Socially Excluded’; Means Young<br>People Who Are Being Excluded From<br>Society, Or Parts Of<br>Society, As A Result Of One Of More Of<br>The Following Factors: Unemployment;<br>Financial Hardship; Ill|





|||Health (Physical Or Mental); Substance<br>Abuse Or Dependency Including Alcohol<br>And Drugs; Relationship<br>And Family Breakdown; Poor Housing<br>(That Is Housing That Does Not Meet Basic<br>Habitable Standards;<br>Crime (Either As A Victim Of Crime Or As<br>An Offender Rehabilitating Into Society);<br>Youth; Race; Gender;<br>Poor Educational Or Skills Attainment;<br>Disability; Ethnic Origin; Or Who Are<br>Within, Or Have Experienced,<br>The Public Care Or Penal System.|
|---|---|---|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|•<br>Mentoring<br>•<br>Counselling<br>•<br>Food support|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|The Trustees have regard to the Charity<br>Commission guidance on public benefit<br>when considering projects to support<br>(including but not limited to the Covid-19<br>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<br>including program related<br>investment|Para 1.38|n/a|
|Contribution made by<br>volunteers|Para 1.38|Ignite Life’s food bank and food delivery<br>service is supported by a team of around<br>17 part-time volunteers. Their roles include<br>opening and closing the food bank,<br>managing the food bank, supporting<br>service users and managing stock.<br>Ignite Life also provides a range of<br>supported volunteer programmes for young<br>people to help advance their work based<br>and social skills. This includes within our<br>food bank, budgeting and purchasing<br>stock, collecting donations, supporting with<br>social media content, and more.|
|Other||n/a|





## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|From Jan 2023 – December 2023, the<br>charity has:<br>ØProvided 576 hours of mentoring<br>support which includes meals,<br>activities, tuition, access to sport,<br>wellbeing check ins, life changing<br>opportunities, and more.<br>ØProvided 554 1:1 counselling<br>sessions to 60 young people. Of<br>these sessions, 29 young people<br>received 6 counselling sessions, 28<br>young people received 12<br>counselling sessions, and 3 young<br>people received 18 counselling<br>sessions. Ignite also set up a family<br>support counselling service and<br>recruited a new specialist<br>dramatherapy family counsellor who<br>provided 5 families with counselling.<br>ØContinued to support families in<br>food poverty with delivered food<br>parcels. We supported around 88<br>children per week with food and<br>provided around 452 meals per<br>week. In 2023, we provided around<br>23,514 meals to people in our<br>community in need of food support.<br>Ignite delivered 2 cooking<br>workshops to 7 families.<br>ØIgnite Life facilitated a group trip for<br>5 young people to experience a 5<br>night sailing adventure where they<br>learnt new skills, and experienced<br>life changing opportunities.|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41|Our mentoring service has supported in<br>advancing life and relieving the needs of young<br>people by developing skills, raising aspirations,<br>confidence and self-esteem. Our mentoring,<br>during 2023, has helped young people to<br>advance in education and supported with the<br>educational gap as we provided support during<br>the school holidays. Our mentoring also helped<br>young people transition from school to college,<br>we provided travel training to those with anxiety<br>and challenges to increase confidence.<br>Our counselling service has supported the mental<br>healthandwellbeing ofyoung peopleinour|
|---|---|---|





|||community. Positive mental health supports<br>young people advance in other aspects of life and<br>our counselling programmes have created<br>positive long-term outcomes for young people.<br>Our food support service has expanded to better<br>support our community in relieving unemployment<br>and promoted social inclusion for the public<br>benefit by working to prevent young people from<br>becoming socially excluded.|
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41|Ignite has continued to fundraise successfully to<br>ensure continuation and expansion of services to<br>meet community needs.|
|Investment performance<br>against objectives|Para 1.41|**n/a**|
|Other||**n/a**|





## **Financial Review** 

|Review of the<br>charity’s financial<br>position at the end of<br>the period|Para 1.21|In the 12 months to 31stDecember 2023, the Charity had a total income<br>of £234,949 and expenditure of £133,016*<br>_*The gap in 2023 income and expenditure is due to large funding_<br>_amounts received at the end of 2023 to be spent in 2024 as shown in the_<br>_graph below._<br>Januar<br>y<br>Febru<br>ary<br>March<br>April<br>May<br>June<br>July<br>Augus<br>t<br>Septe<br>mber<br>Octob<br>er<br>Nove<br>mber<br>Dece<br>mber<br>Income<br>£18,11 £11,30 £12,99 £4,636 £10,77 £17,08 £3,467 £18,77 £25,24 £31,30 £28,58 £38,61<br>Expenditure £6,181 £10,93 £10,82 £10,54 £8,671 £9,679 £13,57 £8,362 £8,660 £9,438 £8,967 £23,05<br>£0.00<br>£5,000.00<br>£10,000.00<br>£15,000.00<br>£20,000.00<br>£25,000.00<br>£30,000.00<br>£35,000.00<br>£40,000.00<br>£45,000.00<br>Total 2023 Income and Expenditure<br>Income<br>Expenditure|
|---|---|---|
|Statement explaining<br>the policy for holding<br>reserves stating why<br>they are held|Para 1.22|Given our objectives of supporting young people reach their potential<br>through holistic support services, our reserves policy aims to ensure our<br>work is protected from the risk of disruption at short notice due to lack of<br>funds, whilst at the same time ensuring we do not retain income for<br>longer than required.<br>We have based our projections for the appropriate number of reserves<br>we require on the basis of estimated running costs for 3 months.<br>However, we operate on a model which makes no financial commitment<br>until funding is secured, therefore, our risk is relatively low in terms of an<br>unforeseen drop in income. Therefore, this policy outlines the exceptions<br>allowed for going below our reserves if spending is required for<br>unforeseen maintenance costs.|
|Amount of reserves<br>held|Para 1.22|Reserves amount: £9,248|
|Reasons for holding<br>zero reserves|Para 1.22|n/a|
|Details of fund<br>materially in deficit|Para 1.24|n/a|
|Explanation of any<br>uncertainties about<br>the charity continuing<br>as a going concern|Para 1.23|n/a|





## **Additional information (optional)** 

|**Additional information (optional)**|**Additional information (optional)**||
|---|---|---|
|You may choose to include further statements||where relevant about:|
|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47|Principal source of funds secured from grants and<br>charitable trusts.|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46|n/a|
|A description of the principal<br>risks facing the charity|Para 1.46|n/a|
|Other||n/a|





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Deed|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|CIO|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|Apart from the first charity trustees, every<br>trustee must be appointed for a term of<br>three years by a resolution passed at a<br>properly convened meeting of the charity<br>trustees.<br>In selecting individuals for appointment as<br>charity trustees, the charity trustees must<br>have regard to the skills, knowledge and<br>experience needed for the effective<br>administration of the CIO.|



|**Additional information (optional)**<br>You may choose to include further statements|**Additional information (optional)**<br>You may choose to include further statements|where relevant about:|
|---|---|---|
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51|n/a|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|n/a|
|Relationship with any related<br>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<br>Kingswood<br>Bristol<br>BS15 4FW|





## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Wayne Cockram||||
||Richard Berry||||
||AdyTomsa||||
||Chris Davies||||
||Ella Pedler||3rdApril 2023||
||Sarah Hoskinson||3rdApril 2023||
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## – 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|||
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## **Funds held as custodian trustees on behalf of others** 

Description of the assets n/a held in this capacity 

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)** 

|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||



**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** 25/10/2024 

