## Made for More
Report and Accounts Year ended 31st March 2024
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **MADE FOR MORE**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 31 MARCH 2024**
ADDRESS FOR CORRESPONDENCE 162A Meadgate Avenue Chelmsford Essex CM2 7LJ GOVERNING DOCUMENT Constitution dated 13th October 2019 CHARITY REGISTRATION NUMBER 1186072 TRUSTEES RESPONSIBLE FOR Mr. D. Pye (Chairman) MANAGING THE CHARITY Mrs. V. Omopariola Ms. K. Tullett Mrs. A. Sheldrake Mr. I. Wilson (appointed July 2023) Ms. E. Fowler INDEPENDENT EXAMINER Lisa Darby FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Pages 2 - 3 Page 4 Page 5 Page 6 Pages 7 - 8
Legal & Administrative Details Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts
Page 1
## **MADE FOR MORE**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 MARCH 2024**
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2024.
## **Objects of the charity**
The charity is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, is the advancement of Christianity in Chelmsford and the surrounding district through the provision of:
a) education, information and support to young people in schools and the community b) information and support to young people in schools and the community and through prayer c) united evangelism d) teaching and training
## **Summary of the charity's main activities and achievements**
Made for More (MfM) has 4 part-time staff and 9 volunteers who assist in the delivery of supporting students in 9 of the 10 secondary schools in Chelmsford. The City is one of the fastest growing currently in Europe and in a post-Covid world of education the role of MfM has become ever more important and significant. All the team and volunteers are DBS checked and trained up internally before entering a school setting. They work alongside school pastoral teams to provide the best, most relevant support to the students. The young people which MfM work alongside have been highlighted and referred through the schools’ pastoral teams on the understanding that the MfM service will be of benefit to the individuals.
Often the struggles for these young people include mental health issues and scenarios within the home life or within the school setting that prevent the young people from achieving their full potential. As a Christian Charity the name comes from the belief of the team that in Christ each young person is Made for More. The response from the team is on a case by case basis. All of the activity is undertaken in Chelmsford with support from the schools, the local churches and in a few cases, from the local business community. Our activities are highlighted in the Charity Constitution and objectives. They are achieved through one to one mentoring, lunch clubs, peer to peer mentoring training and well-being courses.
Made for More delivers ‘Hope is Here’ and ‘Hope is Alive’ which educates students on the Christian Easter and Christmas stories through engaging and interactive stations.
In planning for the charity activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission. There have been 6 Trustees during the year with MfM each with individual expertise on finance, education, HR, well-being, business and Christian life.
Page 2
## **Financial review**
During the year income increased by £9,605, to £73,620, and expenditure decreased by £2,796, to £69,194. As a result the cash held by the charity increased by £4,426, to £12,584 all of which is unrestricted and can be used for any charitable purpose.
## **Reserves policy**
The trustees are determining a reserve policy during the next year to ensure the charity has reserves in place to ensure it can continue to operate should income and/or expenditure vary adversely.
## **Relationships with other charities and related parties**
Made for More (MfM) was set up to take over the activities of Chelmsford and District Evangelical Fellowship (CADEF) and was approved by the Charity Commission on 31st October 2019. Following the transfer of the staff in 2021/22, the remaining assets of CADEF were transferred to MfM during 2022/23. The CADEF bank accounts were closed on 21 March 2023.
The Charity Commission were approached on 23rd March 2023 to dissolve CADEF and remove them from the Central Register of Charities. Notification confirming that this had been actioned by them was received on the 17th May 2023.
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
## **Responsibilities of trustees**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
Dave Pye ___________________________ Dave Pye (Jan 20, 2025 12:26 GMT) Dave Pye (Chair of Trustees)
Jan 20, 2025 Date:_______________________
Page 3
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **MADE FOR MORE**
I report to the trustees on my examination of the accounts of Made for More ('the charity') for the year ended 31st March 2024 on pages 5 to 8 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Lisa Darby
Lisa Darby (Jan 20, 2025 12:38 GMT)
Lisa Darby FCA
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
> Date: Jan 20, 2025
Page 4
## **MADE FOR MORE**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31 MARCH 2024**
|Notes
**_Income receipts_**
Transfers from Connected Charity
3
Donations
Gift aid receipts
Other grants
Income from courses and events
**_Total receipts_**
**_Payments_**
2
**_Total payments_**
Transfers between funds
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net
of
receipts
/
(payments)
before
transfers
Payments in relation to charitable activities
undertaken directly||General
Designated
Funds
Funds
£
£
-
-
41,507
-
1,493
-
10,350
-
470
-
53,820
-
48,849
-
48,849
-
4,971
-
-
-
4,971
-
7,613
-
12,584
-
Unrestricted Funds|Restricted
Funds
£
-
-
-
19,800
-
19,800
20,345
20,345
(545)
-
(545)
545
-|2024
£
-
41,507
1,493
30,150
470
73,620
69,194
69,194
4,426
-
4,426
8,158
12,584|2023
£
21,206
18,564
-
20,143
4,101
64,014
71,990
71,990
(7,976)
-
(7,976)
16,134
8,158|
|---|---|---|---|---|---|
The notes on pages 7 - 8 form part of these accounts.
Page 5
## **MADE FOR MORE**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31 MARCH 2024**
**----- Start of picture text -----**
Unrestricted Funds
General Designated Restricted
funds funds funds 2024 2023
Notes £ £ £ £ £
A Cash funds
Cash at bank with immediate access 12,479 - - 12,479 8,150
Petty cash 105 - - 105 8
12,584 - - 12,584 8,158
B Other monetary assets
Gift aid due to charity 1,538 - - 1,538 1,489
Grant communicated - - - 3,000
1,538 - - 1,538 4,489
C Liabilities
Falling due within one year
Fee for Independent Examination 1,008 - - 1,008 840
Accrued expenses - - - 1,303
Total 1,008 - - 1,008 2,143
Net Book
D Assets retained for charity's own use value
£
Computer Equipment 309
**----- End of picture text -----**
## **E Guarantees and secured debts**
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf by:
Dave Pye Dave Pye (Jan 20, 2025 12:26 GMT) ___________________________________Dave Pye (Chair of Trustees)
Jan 20, 2025 Date:_______________________
The notes on pages 7 - 8 form part of these accounts.
Page 6
## **MADE FOR MORE**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2024**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|Unrestricted Funds
General
Designated
funds
funds
£
£
**2**
**Payments in relation to charitable activities undertaken directly**
Employment costs
37,760
-
Lunch clubs and mentoring activity expenses
3,334
-
Empowerment course
375
-
Merchandise Cost
180
-
Small equipment
-
-
Rent
2,030
-
Accounts examination
1,740
-
Office Costs
554
-
Staff expenses
-
-
Marketing expenses
1,180
-
Subscriptions
652
-
Professional Services
788
-
Miscellaneous
258
-
48,849
-|Restricted
Funds
£
19,800
-
545
-
-
-
-
-
-
-
-
-
-
20,345|Total
2024
£
57,560
3,334
920
180
-
2,030
1,740
554
-
1,180
652
788
258
69,194|Total
2023
£
54,880
3,285
2,170
2,052
1,137
2,100
780
929
1,265
972
278
988
1,154
71,990|
|---|---|---|---|
Page 7
## **MADE FOR MORE**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2024**
## **3 Transactions with related parties**
On 16th December 2020, an Asset Transfer Agreement was made between the Chelmsford and District Evangelical Fellowship (CADEF) and the charity, with a planned transfer date of 1st February 2021. The transfer took place on 1st October 2021 when the employees were transferred with all assets of the charity. During the prior year to 31st March 2023, cash funds transferred were £21,205.67. The Charity Commission communicated the closure of the charity on 17th May 2023. In October 2023, Made for More paid £900 audit and accountancy fees for the final year of CADEF.
There were no other transactions with related parties or Trustees during the year.
## **4 Movement of funds**
|General funds
Restricted funds
Empowerment Course
Wellbeing and mentoring
Lunch clubs
Total funds|Opening
balance
£
7,613
545
-
-
545
8,158|Receipts
£
53,820
-
16,800
3,000
19,800
73,620|Payments
£
(48,849)
(545)
(16,800)
(3,000)
(20,345)
(69,194)|Transfers
£
-
-
-
-
-
-|Closing
balance
£
12,584
-
-
-
-
12,584|
|---|---|---|---|---|---|
Page 8