Reskilled Reglstered Charlty No. 11818 TRusfEES' REPORT & ACCOUNTS FOR THE YEAR ENDED 31 December 2021 Reskllled Year ended 31 December 2020 Governlng Deed Constitution dated 16 April 2018 Trustees The Trustees who served during the year and since the year end are set out below. Paul Robbs de la Hoyde Chairman Julia Snowball Secretary Treasurer William Lowries Pauline Searle Alex Padv PrI￿•paI Office 37 Hazel Avenue Guildford GUI INP Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malllng Kent ME19 4JQ Independent Examiner Mr Roy Wigmore 29 New Inn Lane Guildford GU4 7HN Website: ￿SkIlled o Email.. info reskllled.or Reskilled REPORT OF THE TRUSTEES Introdurtion The Trustees present the annual report and accounts of Reskilled (Yhe Charity") for the year ended 31 December 2021. The accounts have been prepared in accordance with the accounting policies set on page 7 and comply with the charity's constitution and applitable law. Constit on ReSkSlled wa5 Incorporated on 29 January 2019 as a Charitable Intorporated Organi5ation. It was Set up to address a need identified in the Guildford and Woking area, which is to provide the inltial part of the pathway into employment for people who have been out of work for at least twelve month5 and are aged between 25 and the state retirement age. Reskllled alms to promote social indusion for this 8roup of people by providing them with training in generlc work skllls. The objects of the charity are: The promotlon of soclal Indusion for the public benefit by relieving the needs of those people who are soclally excluded due to constralnts arising from being unemployed for more than twelve months, of ages 25 to state retirement age. by the raising of their confidence and learnin8 generic work skills in a supported work environment, in particular but not exclusively wood workshops, to enable their movement into sustainable employment. Reskilled has at its heart a belief that all pÈople deserve to thrive and to be all that God wants them to be, and that bein8 en8aged in fruitful activity is one of the ways of enabling those objectives. Our Involvement as trustees of Reskilled is a way of workin8 Out our Christian faith. In Slnce beSng created as a ao in January 2019. the principal attiwty has been to put in plate the building blocks to allow Reskilled to start its work. The bulldlng blocks are.. Policies and procedures to provide a safe environment for the people that Reskilled aims to help Suitable premises . A suitable programme manager Funding to enable the set-up of the wood workshop Fundlng to support the runnSng costs of the charity so that It can run for slx months wlthout fLtrther fundlng Publldty materials to promote the activity of the charity and encourage support At its second year-end, Reskilled has developed a business plan for its first two years of activity, has wrStten a full set of policies and procedures for safe woTkin& identified a suitable programme manager and developed PLtblicity materials. The programme manager, working on 3 pro-bono basis. has met with funders and, alon8 With one of the Trustees, spoken at church services to promote support for the work of the charity. At the end of the period, start-up funding of nearly £13,crfxI has been secured, which is 45% of the target funding. Regular funding pledges of £70 per month have been given. The programme manager ha5 worked wtth referral agencies in Guildford and Woking to identify suitable cllents for the work of the charity and to establish what fundin& if any, the clients are able to bring wlth them. During the year, the Charity received the final tranche of an unrestrfcted grant from Gulldford Borough Council, together with a further grant from the Nia5 Wheatley Trust. A number of donations were also received from individual5. Reskllled The Trustees have agreed a reseNes pollcy of having a target level of reserves of slx months. planned expenditure. During the start-up phase of the charity, the Trustees do not expect to have access to this level of ￿sourCes. At the end of the period, the charity held reserves equlvalent to 5 months. planned expeftditure. Rlsk The Trustee5 actively consider the risks to which the chartty is exposed and review them and the mitigating actions at each meeting. The al risks that the Trustees have identified are.. Risk Im M￿1 atln art Suitable premlse5 are not available The charity will not be ableto start its work Seekln8 a ran8eof atternative premlses. Start-up fundlng and re8ular fundin8 is not avallable Buildln8 relatlonshlps with Snstit¢Jtlonal funders and indiwdual donors io provide start-up and regular Income The charlty will be ableto start or sustaln its work Comprehensi* policies and procedures are in place,. 5Ultably trained and qualthed Sndlwduals en8a8ed as prole mana8er and ¥0lvnteers. Safe8uardln8 Sn¢ident In the workshop Repthational and flnanclal darna8e Trustees, res onslbllltles In relatlon to the a¢counts Law appllcable to charities in En8land and Wales requires the Trustees to prepare accounts for each ftnanclal year, which give a true and fair view ol the ¢hadty's financial actlvities during the year and of its financial position at the end of the year. In preparing these accounts, the Trustees afe required to- - select 5Ultable a¢countin8 poliaes and then apply them consisttntlv: make judgements and estimates that are reasonable and prudent. state the bas15 of preparation of the accounts.. and prepare the accounts on the going ¢oncem basis unless rt is inapproprlate to presume that the Society wll continue In business. The Trustees are responsible for keeping proper accounting records. which di5c105e with sonable accuracy at any time the financlal p051tlon of the Charity which enable the Trustees to ascertaln the flnancial position of the Charity and to ensure that the accounts comply wrth the Charities leBi51ation. They are also responsible for 5afeguardin8 the assets of the Charity and her￿ for taking reasonable steps for the prevention and detection of fraud and other Approved by the Trustees and slgned on their behalf by: CLrtl14t u Chairman Date.. yi¥+)treJ 2oZ> Independent Examiners Report to the Trustees of Reskilled I report on the accounts of Reskilled CIO for the year ended 31 December 2021. which are set out on pages 5 to 7. Re5pectlve respon51bilitie5 of Trustees and Independent Examiner The charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that the Charity is eligible for exemption frorn audit by virtue of Section 144{21 of the Charities Act 2011 Ithe Act). My examination of the accounts is under Section 145 of the Act and it is my responsibility to state, on the basi5 of prO￿d￿re5 specified in the General Directions given by the Charity Commissioner5 under Section 14515llb} of the Act, whether particular matters have come to my attention. Basls of Independent examlner's report My examlnatlon was carried out in accordance with the General Directions given by the Charity Commissioner5. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also Includes consideration of any unusual Items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matter5. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not expres5 an audit opinion on the view given by the account5. Independent examlner's statement In connection with my examination, no matter has come to rny attention: al which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with Section 130 of the Act; and to prepare accounts which accord with the account records and comply with the accounting requirements of the Act have not been met,. or Ibl to which, in my opinion, attention should be drawn in order to enable a proper understanding the accounts to be reached. Mr Roy Wigmor 29 New Inn Lane Guildford GU4 7HN Date: a3 q.Ja Reskilled tstement of Financial Activlties Notes 2021 2020 In¢omin8 resources Fundraisin& gifts and donations 4,704 3,015 4,71VI 3,015 Resources expended Expenditure: Staff costs Publicity and fundraisin8 Rent Materials Client Travel Admin costs 752 133 85 885 85 NEf MOVEMENT IN FUNDS Totsl fitnds brou8ht forward 3,819 9.019 2,930 6,089 Total funds carrled foNard 12.838 9,019 Reskllled Balance Sheet Notes 2021 2020 Current Assets Cash at Bank and Building Society 12,839 9,019 Balance carried forward 12.839 9,019 Represented by: Funds 12.838 9,019 Total 12,838 9,019 Opening funds Net Movement In Resources in the Year 9.019 3,819 6,089 2,930 Wlliam Lowries Treasurer Date: 23 903> Reskilled Notes ACCoU￿1N6 POUCIES Basis of accounting The accounts have been prepared on a receipts and payment5 basis as permitted by Fund accountlng Unrestricted funds are those accumulated surpluses and deficits whTrch are available for Restricted Funds are those subject to specific trusts, or 8ranted with conditions that the funds be used for a specific and defined purpose. Incomlng resources Incoming resources represents the total income receivable during the year comprlslng Resour￿ expended Income and Expenditure Is Included on a cash basis. Related party transactlons No remuneration or expenses have been paid to any Trustee or to the independent Fundralsln& glfts and donatlons As well as grants from local government bodies and a charitable trust, we have recelved donation5 from private individuals. Admln costs Admin costs include the costs of insurance for the Charity and Trustees. Analysls of Funds The restricted funds represent grants receNed with a condition that the funds are to be used for capital expenditure. 2021 2020 Unrestricted Funds Restricted Fund5 Total Funds 10,253 2,585 12,838 5,682 3,337