REWRITE Helping people rewrite mental health Twstees Annual Re rt for the ear 8nd8d 30 June 2021 for Rewrite Your Sto Limited - Cha number 1181494 Elphick R C(yJsns emance and mana Type ofg)vemlng document- cPartY artides and memoTandum How Ihe charity is constituted- Limited company Trustee tectiOn methods- Trustees are pr reviewed each year Ob.ectes and aCtiVeS ObjectNe8 oflhe charity.. To preserve and protect the good mentsl health of children and young people who are suffering with eating diSdS land other mèntal heallh issu8sI in the sth East in partul&r bul not exdusNely by.. The provision of tsrgeted Support and sefWWS to chiklren and young people lo aid rec4)very and build resilience Peer support groups for parents and c2reTS to enable understanding of the key themes of eating and other disorders. build resilience and lessen the adverse impact Ihesg disorders have on families Devek)ping and providing awareness training for h(s, professionals and families around these disorders and other mentsl health Issues Achievements and rmance Continuing lo provide these services throughout the latest riod and beyond espe0a1 duiing ihe recent lockdowns due to the Coronavirus pandemic. Expanding serwc6s to L¥Jver a wtsler rango of issues and ranges.
• Page2 April 4. 2022 Fin8ncial rev Policy cffi reseNes- To utilise the reserves to maintain and improve the services and facjlibes for the good of all children and young peopse with mental health issues Fur5 in deficit- Nong Dedaration The TrLth declare thatthey have approved the trustees, report above. Signed on bthatf of the tharity's1nJstees. l Elphick 4th 4)ril 2022
Independent examiner’s report to the trustees of Rewrite Your Story Limited, Charity number 1181494
I report on the accounts of the Charity for the year ended 30 June 2021, which are attached.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; and
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to state whether particular matters 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 Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts prepared with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
…………………………….
Michael Thompson FCCA The Corner House 2 High Street Aylesford ME20 7BG
Date: 31[st] March 2022
Rewrite Your Story Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 June 2021
Rewrite Your Story Limited
Contents
| Company Information | 1 |
|---|---|
| Directors' Report | 2 |
| Accountants' Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 to 6 |
| Statement of Changes in Equity | 7 |
| Notes to the Financial Statements | 8 to 11 |
| Detailed Profit and Loss Account | 12 |
Rewrite Your Story Limited
Company Information
Directors Mr AR Heyes Mr IR Elphick Ms R J Cousins Registered office The Corner House 2 High Street Aylesford Kent ME20 7BG Accountants Thompson Elphick Limited Chartered Certified Accountants The Corner House 2 High Street Aylesford Kent ME20 7BG
Page 1
Rewrite Your Story Limited
Directors' Report for the Year Ended 30 June 2021
The directors present their report and the financial statements for the year ended 30 June 2021.
Directors of the company
The directors who held office during the year were as follows:
Mr AR Heyes
Mr IR Elphick
Ms R J Cousins
Principal activity
The principal activity of the company is that of providing therapy services on a charitable basis.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
SIGNED SECURELY
Approved by the Board on .................... and signed on its behalf by: 28/03/2022 at 8:18:27 AM UTC
SIGNED SECURELY
28/03/2022 at 8:18:27 AM UTC
.........................................
Mr AR Heyes Director
Page 2
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of Rewrite Your Story Limited for the Year Ended 30 June 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rewrite Your Story Limited for the year ended 30 June 2021 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of Rewrite Your Story Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Rewrite Your Story Limited and state those matters that we have agreed to state to the Board of Directors of Rewrite Your Story Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/ october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rewrite Your Story Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Rewrite Your Story Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Rewrite Your Story Limited. You consider that Rewrite Your Story Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Rewrite Your Story Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Thompson Elphick Limited Chartered Certified Accountants The Corner House 2 High Street Aylesford Kent ME20 7BG Date:.............................
Page 3
Rewrite Your Story Limited
Profit and Loss Account for the Year Ended 30 June 2021
| Note Turnover Cost of sales Gross surplus Administrative expenses Other operating income (Deficit)/surplus for the financial year |
2021 £ 63,998 56,001 7,997 26,449 7,136 (11,316) |
2020 £ 59,915 35,340 |
|---|---|---|
| 24,575 13,229 - |
||
| 11,346 |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
The notes on pages 8 to 11 form an integral part of these financial statements. Page 4
Rewrite Your Story Limited
(Registration number: 10800173) Balance Sheet as at 30 June 2021
| Note Fixed assets Tangible assets 5 Current assets Debtors 6 Cash at bank and in hand Creditors: Amounts falling due within one year 7 Net current assets Net assets Capital and reserves Profit and loss account Total equity |
2021 £ £ 435 1,524 10,710 12,234 7,113 5,121 5,556 5,556 5,556 |
2020 £ £ 295 10,385 33,043 43,428 26,851 16,577 16,872 16,872 16,872 |
2020 £ £ 295 10,385 33,043 43,428 26,851 16,577 16,872 16,872 16,872 |
|---|---|---|---|
| 16,872 | |||
| 16,872 |
For the financial year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 8 to 11 form an integral part of these financial statements. Page 5
Rewrite Your Story Limited
(Registration number: 10800173) Balance Sheet as at 30 June 2021
SIGNED SECURELY
28/03/2022 at 8:18:27 AM UTC
Approved and authorised by the Board on .................... and signed on its behalf by:
SIGNED SECURELY
28/03/2022 at 8:18:27 AM UTC
.........................................
Mr AR Heyes
Director
The notes on pages 8 to 11 form an integral part of these financial statements. Page 6
Rewrite Your Story Limited
Statement of Changes in Equity for the Year Ended 30 June 2021
| At 1 July 2020 Deficit for the year Total comprehensive income At 30 June 2021 At 1 July 2019 Surplus for the year Total comprehensive income At 30 June 2020 |
Profit and loss account £ 16,872 (11,316) (11,316) 5,556 Profit and loss account £ 5,526 11,346 11,346 16,872 |
Total £ 16,872 (11,316) |
|---|---|---|
| (11,316) | ||
| 5,556 | ||
| Total £ 5,526 11,346 |
||
| 11,346 | ||
| 16,872 |
The notes on pages 8 to 11 form an integral part of these financial statements. Page 7
Rewrite Your Story Limited
Notes to the Financial Statements for the Year Ended 30 June 2021
1 General information
The company is a company limited by guarantee incorporated in England and Wales.
The address of its registered office is:
The Corner House 2 High Street Aylesford Kent ME20 7BG England
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Judgements
The company may be required to make estimates and assumptions concerning the future. These estimates and judgements are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The resulting accounting estimates will, by definition, seldom equal the related actual results. The principal areas where judgement was exercised are as follows:
i) Recoverability of trade debtors: the directors annually assess whether a bad debt provision is required for any bad or doubtful debtor balances.
ii) Tangible fixed assets: the directors annually assess both the residual value of these assets and the expected useful life of such assets based on experience.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
Page 8
Rewrite Your Story Limited
Notes to the Financial Statements for the Year Ended 30 June 2021
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class Depreciation method and rate Computer equipment 25% on reducing balance
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Page 9
Rewrite Your Story Limited
Notes to the Financial Statements for the Year Ended 30 June 2021
3 Staff numbers
The average number of persons employed by the company (including directors) during the year, was 3 (2020 - 3).
4 Loss/profit before tax
Arrived at after charging/(crediting)
| Depreciation expense 5 Tangible assets Cost or valuation At 1 July 2020 Additions At 30 June 2021 Depreciation At 1 July 2020 Charge for the year At 30 June 2021 Carrying amount At 30 June 2021 At 30 June 2020 6 Debtors Trade debtors Other debtors |
2021 £ 145 Furniture, fittings and equipment £ 394 285 |
2020 £ 99 |
||
|---|---|---|---|---|
| Total £ 394 285 679 99 145 244 435 295 2020 £ 10,385 - |
||||
| 679 | ||||
| 99 145 |
||||
| 244 | ||||
| 435 | ||||
| 295 | ||||
| 2021 £ 24 1,500 1,524 |
||||
| 10,385 |
Page 10
Rewrite Your Story Limited
Notes to the Financial Statements for the Year Ended 30 June 2021
7 Creditors
Creditors: amounts falling due within one year
| Note Due within one year Bank loans and overdrafts 8 Trade creditors Accrued income Accruals 8 Loans and borrowings Current loans and borrowings Director current account 9 Related party transactions Directors' remuneration The directors' remuneration for the year was as follows: Remuneration |
2021 £ 4,835 1,018 - 1,260 7,113 2021 £ 4,835 2021 £ 12,518 |
2020 £ - 541 25,365 945 |
|---|---|---|
| 26,851 | ||
| 2020 £ - |
||
| 2020 £ - |
Page 11
Rewrite Your Story Limited
Detailed Profit and Loss Account for the Year Ended 30 June 2021
| Turnover Cost of sales Purchases Subcontract cost Administrative expenses Directors remuneration Directors NIC Rent and rates Telephone Computer costs Printing, postage and stationery Subscriptions Charitable donations Sundry expenses Cleaning Travel and subsistence Advertising Accountancy Legal and professional fees Bank charges Depreciation of office equipment Other operating income Net (Deficit)/surplus |
2021 £ £ 63,998 7,401 48,600 56,001 7,997 12,518 480 7,249 302 663 49 252 438 335 46 1,323 560 1,260 829 - 145 26,449 7,136 (11,316) |
2020 £ £ 59,915 2,503 32,837 35,340 24,575 - - 6,735 463 831 99 244 438 84 17 1,337 1,838 945 89 10 99 13,229 - 11,346 |
2020 £ £ 59,915 2,503 32,837 35,340 24,575 - - 6,735 463 831 99 244 438 84 17 1,337 1,838 945 89 10 99 13,229 - 11,346 |
|---|---|---|---|
| 24,575 13,229 - |
|||
| 11,346 |
This page does not form part of the statutory financial statements. Page 12