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2021-04-01-accounts

CHARITY REGISTRATION NUMBER: 1185327

T.E.E.S. (Together Engage Encourage Support) Unaudited Financial Statements

31 March 2021

CENSIS

Chartered accountants Exchange Building 66 Church Street Hartlepool TS24 7DN

T.E.E.S. (Together Engage Encourage Support)

Financial Statements

Year ended 31 March 2021

Page
Trustees' annual report 1
Chartered accountant's report to T.E.E.S. (together engage
encourage support) on the unaudited financial information 3
Statement of financial activities 4
Statement of financial position 5
Notes to the financial statements 6
The following pages do not form part of the financial statements
Detailed statement of financial activities 15
Notes to the detailed statement of financial activities 17

T.E.E.S. (Together Engage Encourage Support)

Trustees' Annual Report

Year ended 31 March 2021

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2021.

Reference and administrative details

Registered charity name T.E.E.S. (Together Engage Encourage Support) Charity registration number 1185327 Principal office Tees Community Hub 6-8 Diamond Street Saltburn by the Sea TS12 1EB

The trustees

C Cook D Taylor G Butler-Jones J Nixon Accountants Censis Chartered accountants Exchange Building 66 Church Street Hartlepool TS24 7DN

Structure, governance and management

The charity was established in 2019 and registered as a Charitable Incorporated Organisation (Foundation) with the Charity Commission of England and Wales on 16 September 2019.

Governance

The board is made up of 4 trustees who have overall responsibility for the management of the organisation. All trustees are provided with information regarding their responsibilities.

1

T.E.E.S. (Together Engage Encourage Support)

Trustees' Annual Report (continued)

Year ended 31 March 2021

Objectives and activities

The objects of the charity are for the public benefit to relieve poverty or financial hardship among individuals living in Tees Valley and North Yorkshire by providing items, advice and other such services which are required to meet their needs.

ABOUT US

Operating as a not for profit charity incorporated organisation (CIO), our aim is help relieve some of the problems associated with both social and economic poverty in the Teesside region. We will achieve this by joining forces with other charities, organisation, social enterprises, local businesses and agencies etc.

Having recognised a huge increase in the use of food and clothing banks in recent years together with the homelessness situation in the UK, we are putting together a number of different projects and initiatives, to help alleviate some of the issues surrounding the deprivation and poverty affecting the people in our area. We have the backing of councillors, food banks, clothing banks, local businesses and individuals.

Achievements and performance

We provide free period/incontinence products,toiletries, clothing, shoes, bedding & food to anyone in need across the Tees Valley. The customers we support are people referred to us from our referral partners. The items given to beneficiaries are donations made by the public or purchased with funding from other sources.

Financial review

The statement of Financial Activities shows a surplus for the year of £22,762 with reserves of £22,175.

The unrestricted reserves of the charity at 31 March 2021 amount to a surplus of £16,062 of which free reserves (i.e. those not tied up in fixed assets) amount to a surplus of £6,468.

The trustees actively review the major risks which the charity face on a day to day basis.

The trustees' annual report was approved on 31 January 2022 and signed on behalf of the board of trustees by:

G Butler-Jones Trustee

2

T.E.E.S. (Together Engage Encourage Support)

Chartered Accountant's Report to T.E.E.S. (Together Engage Encourage Support) on the Unaudited Financial Information of T.E.E.S. (Together Engage Encourage Support)

Year ended 31 March 2021

As described on the statement of financial position, the trustees of the charity are responsible for the preparation of the financial statements for the year ended 31 March 2021, which comprise the statement of financial activities, statement of financial position and the related notes.

You consider that the charity is exempt from an audit under the Charities Act 2011.

In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

CENSIS Chartered accountants

Exchange Building 66 Church Street Hartlepool TS24 7DN

3

T.E.E.S. (Together Engage Encourage Support)

Statement of Financial Activities

Year ended 31 March 2021

2021 2020
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 4 25,202 21,575 46,777 6,031
Charitable activities 5 5,206 5,206
Investment income 6 16 16
   
Total income 30,424 21,575 51,999 6,031
   
Expenditure
Expenditure on charitable activities 7,8 15,402 13,154 28,556 6,618
Other expenditure 9 681 681
   
Total expenditure 16,083 13,154 29,237 6,618
   
   
Net income/(expenditure) 14,341 8,421 22,762 (587)
   
Transfers between funds 2,308 (2,308)
   
Net movement in funds 16,649 6,113 22,762 (587)
Reconciliation of funds
Total funds brought forward (587) (587)
   
Total funds carried forward 16,062

6,113

22,175

(587)


The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 6 to 13 form part of these financial statements.

4

T.E.E.S. (Together Engage Encourage Support)

Statement of Financial Position

31 March 2021

2021 2020
Note £ £
Fixed assets
Tangible fixed assets 13 9,594 1,406
Current assets
Cash at bank and in hand 12,581 972
Creditors: amounts falling due within one year 14 2,965
 
Net current assets 12,581 (1,993)
 
Total assets less current liabilities 22,175 (587)
 
Funds of the charity
Restricted funds 6,113
Unrestricted funds 16,062 (587)
 
Total charity funds 15 22,175

(587)


These financial statements were approved by the board of trustees and authorised for issue on 31 January 2022, and are signed on behalf of the board by:

G Butler-Jones Trustee

The notes on pages 6 to 13 form part of these financial statements.

5

T.E.E.S. (Together Engage Encourage Support)

Notes to the Financial Statements

Year ended 31 March 2021

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is c/o RCVDA, The Palace Hub, 28-29 Esplanade, Redcar, TS10 3AE, Cleveland.

2. 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 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

6

T.E.E.S. (Together Engage Encourage Support)

Notes to the Financial Statements (continued)

Year ended 31 March 2021

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

7

T.E.E.S. (Together Engage Encourage Support)

Notes to the Financial Statements (continued)

Year ended 31 March 2021

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles - 25% straight line
Equipment - 25% straight line

4. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Donations
Donations 3,650 3,650
Councillor budget contribtuons 3,900 3,900
Middlesbroug & Teesside Philanthropic Society 500 500
SABIC 2,000 2,000
Screwfix 5,000 5,000
Cleveland Potash 1,000 1,000
Bonus Ball 152 152
Grants
County Durham Community Foundation 5,000 5,000
Tees Valley Community Trust 2,000 2,000
Bollinger Charitable Trust 500 500
The Chris Cave Foundation 500 500
National Lottery Community Fund 10,000 10,000
The Mirianog Trust 1,000 1,000
Groundworks UK 1,000 1,000
Jack Brunton Charitable Trust 4,000 4,000
Redcar & Cleveland Borough Council 575 575
Awards For All 1,000 1,000
Grants receivable type 11 5,000 5,000
  
25,202 21,575 46,777
  

8

T.E.E.S. (Together Engage Encourage Support)

Notes to the Financial Statements (continued)

Year ended 31 March 2021

4. Donations and legacies (continued)

Unrestricted Restricted Total Funds
Funds Funds 2020
£ £ £
Donations
Donations 80 80
Councillor budget contribtuons 1,500 1,500
Loftus Town Council 500 500
Red Box 2,647 2,647
Archer Trust 1,000 1,000
Roofix 304 304
  
6,031 6,031
  
5. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
£ £ £ £
Tees Hub 4,138 4,138
Sale of second hand goods 1,068 1,068
   
5,206 5,206
   
6. Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
£ £ £ £
Bank interest receivable 16 16
   

9

Notes to the Financial Statements (continued)

T.E.E.S. (Together Engage Encourage Support)

Year ended 31 March 2021

7. Expenditure on charitable activities by fund type

Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
General Fund 15,402 15,402
National Lottery Community Fund 10,000 10,000
County Durham Community Foundation 2,202 2,202
Screwfix 952 952
  
15,402 13,154 28,556
  
Unrestricted Restricted Total Funds
Funds Funds 2020
£ £ £
General Fund 6,618 6,618
  
6,618 6,618
  
8. Expenditure on charitable activities by activity type
Activities
undertaken Total funds Total fund
directly 2021 2020
£ £ £
General Fund 15,402 15,402 6,618
National Lottery Community Fund 10,000 10,000
County Durham Community Foundation 2,202 2,202
Screwfix 952 952
  
28,556 28,556 6,618
  
9. Other expenditure
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
£ £ £ £
Loss on disposal of tangible fixed
assets held for charity's own use 681 681
   
10. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
£ £
Depreciation of tangible fixed assets 3,289 94
Loss on disposal of tangible fixed assets 681
 
11. Staff costs

10

T.E.E.S. (Together Engage Encourage Support)

Notes to the Financial Statements (continued)

Year ended 31 March 2021

11. Staff costs (continued)

The average head count of employees during the year was 1 (2020: Nil). The average number of full-time equivalent employees during the year is analysed as follows:

2021 2020 No. No. Charitable activities 1 –  

No employee received employee benefits of more than £60,000 during the year (2020: Nil).

12. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

13. Tangible fixed assets

Motor
vehicles Equipment Total
£ £ £
Cost
At 1 April 2020 1,500 1,500
Additions 9,550 2,958 12,508
Disposals (1,500) (1,500)
  
At 31 March 2021 9,550 2,958 12,508
  
Depreciation
At 1 April 2020 94 94
Charge for the year 2,550 739 3,289
Disposals (469) (469)
  
At 31 March 2021 2,175 739 2,914
  
Carrying amount
At 31 March 2021 7,375 2,219 9,594
  
At 31 March 2020 1,406 1,406
  
14. Creditors: amounts falling due within one year
2021 2020
£ £
Other creditors 2,965
 

11

T.E.E.S. (Together Engage Encourage Support)

Notes to the Financial Statements (continued)

Year ended 31 March 2021

15. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At At 31 March
1 April 2020 Income Expenditure Transfers 2021
£ £ £ £ £
General funds (587) 30,424 (16,083) 2,308 16,062
    
At At 31 March
1 April 2019 Income Expenditure Transfers 2020
£ £ £ £ £
General funds 6,031 (6,618) (587)
    
Restricted funds
At At 31 March
1 April 2020 Income Expenditure Transfers 2021
£ £ £ £ £
National Lottery
Community Fund 10,000 (10,000)
Awards For All 1,000 1,000
Redcar & Cleveland
Borough Council 575 575
County Durham
Community Foundation 5,000 (2,202) (1,000) 1,798
Screwfix 5,000 (952) (1,308) 2,740
    
21,575 (13,154) (2,308) 6,113
    

12

Notes to the Financial Statements (continued)

T.E.E.S. (Together Engage Encourage Support)

Year ended 31 March 2021

16. Analysis of net assets between funds

Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Tangible fixed assets 9,594 9,594
Current assets 11,006 1,575 12,581
Creditors less than 1 year
  
Net assets 20,600 1,575 22,175
  
Unrestricted Restricted Total Funds
Funds Funds 2020
£ £ £
Tangible fixed assets 1,406 1,406
Current assets 972 972
Creditors less than 1 year (2,965) (2,965)
  
Net assets (587)



(587)


13

T.E.E.S. (Together Engage Encourage Support)

Year ended 31 March 2021

Management Information

The following pages do not form part of the financial statements.

14

T.E.E.S. (Together Engage Encourage Support)

Detailed Statement of Financial Activities

Year ended 31 March 2021

2021 2020
£ £
Income and endowments
Donations and legacies
Donations 3,650 80
Councillor budget contribtuons 3,900 1,500
Loftus Town Council 500
Red Box 2,647
Archer Trust 1,000
Roofix 304
Middlesbroug & Teesside Philanthropic Society 500
SABIC 2,000
Screwfix 5,000
Cleveland Potash 1,000
Bonus Ball 152
County Durham Community Foundation 5,000
Tees Valley Community Trust 2,000
Bollinger Charitable Trust 500
The Chris Cave Foundation 500
National Lottery Community Fund 10,000
The Mirianog Trust 1,000
Groundworks UK 1,000
Jack Brunton Charitable Trust 4,000
Redcar & Cleveland Borough Council 575
Awards For All 1,000
County Durham COVID 5,000
 
46,777 6,031
 
Charitable activities
Tees Hub 4,138
Sale of second hand goods 1,068
 
5,206
 
Investment income
Bank interest receivable 16
 
 
Total income 51,999 6,031
 

15

T.E.E.S. (Together Engage Encourage Support)

Detailed Statement of Financial Activities (continued)

Year ended 31 March 2021

2021 2020
£ £
Expenditure
Expenditure on charitable activities
Wages and salaries 4,345
Training 46
Period poverty expenses 2,943 1,113
COVID, cleaning & resources 268 334
Clothing project expenses 280
Insurance 284 304
Motor & mileage expenses 4,315 2,895
Repairs & maintenance 952 98
Accountancy 480
Telephone & internet 629 178
Depreciation 3,289 94
Printing, postage & stationery 141 612
Beneficiaries & donations 7,857 -
Consumables & shop expenses 1,841 169
Website design 541
Volunteer expenses 26
Misc 790
Refeshments 71
Office equipment 279
 
28,556 6,618
 
Other expenditure
Loss on disposal of tangible fixed assets held for charity's own use 681
 
 
Total expenditure 29,237 6,618
 
 
Net income/(expenditure) 22,762

(587)


16

T.E.E.S. (Together Engage Encourage Support)

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2021

2021 2020
£ £
Expenditure on charitable activities
General Fund
Activities undertaken directly
Training 46
Period poverty expenses 2,943 1,113
COVID Cleaning & response 268 334
Clothing project expenses 280
Insurance 284 304
Motor & mileage expenses 4,315 2,895
Repairs and maintenance 98
Accountancy 480
Telephone & internet 629 178
Depreciation 3,289 94
Postage, printing & stationery 141 612
Consumables & shop expenses 1,841 169
Website design 541
Volunteer expenses 26
Misc 790
Refeshments 71
Office equipment 279
 
15,402 6,618
 
National Lottery Community Fund
Activities undertaken directly
Direct charitable activity 2 - wages/salaries 2,143
Direct charitable activity 2 - other type 1 7,857
 
10,000
 
County Durham Community Foundation
Activities undertaken directly
Wages & salaries 2,202
 
Screwfix
Activities undertaken directly
Repairs & maintenance 952
 
 
Expenditure on charitable activities 28,556 6,618
 

17