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2021-03-31-accounts

THRIVE DEVON

A Charitable Incorporated Organisation

Charity Number: 1186254

Registered 11[th] November 2019

Annual Report & Accounts for the year ended 31 March 2021

THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

Contents Page

INDEX

THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

Trustees Gordon Anthony Roberts (Appointed 01.06.19) Giles Brian Sutton (Appointed 01.06.19) Penelope Ann Sutton (Appointed 01.06.19) David Robert Spencer (Appointed 01.06.19) Caroline Elizabeth Bright (Appointed 01.06.19) Principal Office KINGSBRIDGE FAMILY CHURCH OFFICE BAPTIST LANE, KINGSBRIDGE, TQ7 1QD Bankers Lloyds Bank Independent Examiner Not Required Charity Registered No 1186254

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THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

REPORT OF THE TRUSTEES AND GENERAL INFORMATION

Principal Activity

The Prevention or Relief of Poverty

Governing Instruments

The Charity is established as a Charitable Incorporated Organisation (CIO) and its activities are regulated by its constitution. The objects of the CIO are, for the public benefit, to provide supported housing accommodation with enhanced housing management services, in order to:

RELIEVE THE NEEDS OF PEOPLE WHO ARE FORMER ROUGH SLEEPERS, VULNERABLY HOUSED PEOPLE OR PEOPLE WHO WOULD OTHERWISE BE AT RISK OF STREET HOMELESSNESS, IN KINGSBRIDGE, THE SOUTH HAMS AND SURROUNDING AREAS, INCLUDING BUT NOT RESTRICTED TO EX-OFFENDERS, THOSE AFFECTED BY ILLEGAL SUBSTANCE AND ALCOHOL ADDICTIONS AND PEOPLE AFFECTED BY POOR MENTAL HEALTH BY THE PROVISION OF SUPPORTED HOUSING, ACCOMMODATION AND RELATED SUPPORT SERVICES.

Trustees

The above named have served during the year. The Trustees are kept informed of the activities and performance of the charitable organisation and provided with regular management information. The composition of the board is kept under review and additional appointments will be made should the need arise. All trustees are made aware of their responsibilities.

The Trustees met quorate on the following dates:

28[TH] October 2019

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THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

Review

This has been a year of research and preparation ahead of operational action.

The main activities have involved searching for a suitable property and conversations with potential referral partners who will provide our first residents.

Both of these activities have been severely hampered by Covid-19 pandemic of 2020 – 2021.

No charitable activity has taken place this year and as a result there has been no income and no expenditure recorded.

The trustees have been active only in the service of research and preparation for the launch of our supported housing project.

Financial Review

During the year the charity has received no donations and no other income and has incurred no expenditure.

Reserves

When operational the Trustees will seek to hold adequate reserves to meet three months operational costs.

Risk Management

The Trustees have reviewed the major risks to which the charity is exposed and have taken steps to mitigate the potential impact of these.

Public Benefit

The Trustees have considered the guidance provided by the Charity Commission regarding public benefit and the work of the charity.

This report was approved by the Trustees on 26/11/21 and signed on their behalf by:

Penelope Ann Sutton (Trustee)

__________

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THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

An Independent Examiner’s Report to the Trustees of Thrive Devon was not required

Statement of Financial Activities for the year ended 31 March 2021

INCOME AND ENDOWMENTS
From:
Donations
Charitable Activities
Interest Received
Total
EXPENDITURE on:
Charitable activities
Total
Net Income
Total Funds at 31st March 2021
Total Funds Carried Forward at 31st
March 2021		 2021
2021
2020
Unrestricted
Funds
Restricted
Funds
Total
Total
£
£
£
£
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

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THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

BALANCE SHEET AS AT 31 MARCH 2021

CURRENT ASSETS
Debtors
Cash at Bank
CURRENT LIABILITIES
Liabilities falling due within one year
Net Current Assets
NET ASSETS
FUND BALANCES
Unrestricted funds
General Funds
Restricted Funds		 2021
2020
£
£
0
0
0
0
0
0
0
0
0
0
0
0
0 0

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THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

2021
2021
Unrestricted
Funds
Restricted
Funds
£
£
Voluntary income
Grants
0
0
General donations
0
0
tax Recoverable
0
0
0
0
Income from Charitable Activities
SHDC Housing Benefit
0
0
Service payments from residents
0
0

0
0
Cost of Charitable Activities
Direct Charitable Costs
Leasing Costs
0
0
Utilities and house
…Maintenance
0
0
Staff and Training Costs
0
0
Other Administrative Costs
0
0
Counselling
0
0
0
0
Support & Administration
Insurance
0
0
Independent Examination
0
0
Other Administrative Costs
0
0
Total
0 0
Staff & Trustees
The cost of employing staff in the year
Salary Costs		 2021
2021
Unrestricted
Funds
Restricted
Funds
£
£
0
0
0
0
0
0		 2021
2020
Total
Total
£
£
0
0
0
0
0
0
0
0		 0
0
0
0
0
0		 0
0
0 0
0
0		 0 0
0
0
0
0
0
0
0
0
0
0		 0
0
0
0
0
0
0
0
0
0
0
0		 0
0
0
0
0
0
0
0		 0
0
0
0
0
0
0 0 0
0
0
0
0
0

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THRIVE DEVON ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021

Debtors and
Prepayments
Tax Recoverable
Cash at Bank and in
Hand
Bank Accounts
Creditors: liabilities
falling due within one
year
Creditors
Accruals		 2021
2021
2021
2020
Unrestricted
Funds
Restricted
Funds
Total
Total
£
£
£
£
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Accounts approved by the Trustees on 26/11/21 and signed on their behalf by:

Penelope Ann Sutton

Trustee

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