Charity Number: 1184415
The Thrive Project
Accounts
For the year ended 31 January 2022
The Thrive Project
For the Year Ended 31 January 2022
Contents
| Contents | |
|---|---|
| Page | |
| Report of the Trustees | 1-2 |
| Independent Examiners Report | 3 |
| Receipts and Payments Account | 4 |
| Statement of Assets and Liabilities | 5 |
| Notes to the Accounts | 6 |
The Thrive Project Report of the Trustees For the Year Ended 31 January 2022
The trustees present their report with the financial statements of the charity for the year ended 31 January 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' 2015.
Reference and Administrative Details
Registered Charity number
1184415
Principal address
44 Totnes Road Paignton Devon TQ4 5LD
Trustees
D A Barnett G G Wilton K M C Wakem S West C T Whelan (Chair) M Giles
Independent examiner
Accounting 4 Everything SW Limited 11 Manor Corner, Manor Road Paignton Devon TQ3 2JB
Page 1
The Thrive Project Report of the Trustees For the Year Ended 31 January 2022
Structure, Governance and Management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
The recruitment and appointment of new trustees is done via election.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and Activities
Objectives and aims
Community hub for vulnerable & homeless people
Significant activities
Referrals,signposting,reduction of social isolation ,equipment and computer use
Financial Review
Reserves policy
Reserves from specific funds are shown separately from general reserves and are to be expended only on the for items which the money was specifically given.
Principal funding sources
Applications in process for national Funders
Funds held as Custodian for Others
During the year ended 31 January 2022 no assets were held by the Society as custodian trustees.
Report Approval
Approved by order of the board of trustees on ................................... and signed on its behalf by:
.............................................
C T Whelan
Page 2
The Thrive Project Independent Examiners Report For the Year Ended 31 January 2022
I report on the accounts of the charity (number 1184415) for the year ended 31 January 2022, which are set out on the following pages.
Respective responsibities of trustees and examiner
The charity's trustees are reponsible 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 Charity 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 Act;
-
to follow procedures laid down in the General Directions given by the Charity Commission;
-
to state whether particular matters have come to my attention.
Basis of independent examiners statement
My examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 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 examiners statement
In connection with my examination, no matter has come to my attention
1 ) which gives me reasonable cause to believe that in any material respect the requirements:
- a) to keep accounting records in accordance with section 130 of the Charities Act; and
b) 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 my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
............................................. Date 17/05/2022
Accounting 4 Everything SW Limited Chartered Accountants
11 Manor Corner Manor Road Paignton Devon TQ3 2JB
Page 3
The Thrive Project Revenue Account
For the Year Ended 31 January 2022
| Income Grants Covid Grants Donations, legacies and sponsors Payments Direct costs and consumables Wages and salaries Travel and accomodation Rent and premises expenses Repairs and renewals Insurance Telephone and internet Printing, postage and stationery Legal and professional expenses Accountancy fees Bank charges Sundry expenses Asset and Investment Purchases Equipment Total Payments Surplus/(Deficit) Transfer between funds NET INCOME LESS EXPENDITURE |
Unrestricted Restricted Total funds funds funds £ £ £ 23,000 23,000 11,000 11,000 27,790 27,790 61,790 - 61,790 4,024 4,024 14,603 14,603 4,845 4,845 4,147 4,147 4,180 4,180 399 399 583 583 388 388 3,785 3,785 300 300 93 93 571 571 37,918 - 37,918 - 37,918 - 37,918 23,872 - 23,872 - 23,872 - 23,872 |
Total fund 2021 £ 5,216 23,000 24,229 |
|---|---|---|
| 52,445 | ||
| 2,221 3,233 2,099 3,422 1,452 394 418 299 - 300 69 208 |
||
| 14,114 | ||
| 14,114 | ||
| 38,331 - |
||
| 38,331 |
Page 4
The Thrive Project Statement of Assets and Liabilities For the Year Ended 31 January 2022
| Cash Funds Bank Account Cash in Hand Liabilities Accruals Deferred grants Net Assets less Liabilities Capital Account Cash and bank balances b/fwd Excess for the year NET ASSETS Signed ............................................. Trustee Date: Signed ............................................. Trustee Date: |
Unrestricted Restricted Total funds funds funds £ £ £ 69,451 69,451 140 140 69,591 - 69,591 300 300 - - 300 - 300 69,291 - 69,291 45,418 45,418 23,872 - 23,872 69,291 - 69,291 |
Total fund 2021 £ 45,383 682 |
|---|---|---|
| 46,065 | ||
| 647 - |
||
| 647 | ||
| 45,418 | ||
| 7,087 38,331 |
||
| 45,418 | ||
Page 5
The Thrive Project Notes to the Accounts For the Year Ended 31 January 2022
1) Accounting Policies
The accounts have been prepared on the receipts and payments basis and comply with the accounting requirements of the Charities Act 2011.
The balances of a local group which raise funds in the name of the society on its behalf are not included in these accounts because the group is independently managed. Receipts from the fund raisers are included in income when received and any expenses paid by the fundraisers are also included as both the expense and a donation.
Page 6