2023-03-31-accounts - Reestablish

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Reestablish

Charity number 1187273

A company limited by guarantee number 09424839

Annual Report and Financial Statements

for the year ended 31 March 2023

Group's logo

Reestablish

Annual Report and Financial Statements for the year ended 31 March 2023

Contents	Page
Trustees' report	2 to 4
Examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8 to 13

Prepared by West Yorkshire Community Accountancy Service CIO

Reestablish

Trustees' report for the year ended 31 March 2023

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position

Christopher Latz Chair Patricia Pedley Faye Vollans Joanne Sunderland Charity number 1187273 Company number 09424839 Registered and principal address Bankers Hillside HSBC Beeston Road 33 Park Row Leeds Leeds LS11 8ND LS1 1LD

Registered in England and Wales Registered in England and Wales

Independent examiner

Sarah Coates MAAT

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 5 February 2005. It is governed by a memorandum and articles of association. These were replaced with new articles on 1 August 2019. The liability of the members in the event of the company being wound up is limited to a sum not

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

The charity's objects

To support and help children, young adults and their families living in Leeds and the United Kingdom, particularly those who are in need, hardship, are socially or economically deprived or at risk of exclusion from society, through the provision of support, advice and productive activities as a means of:

Advancing in life and helping children and young adults by developing their skills, capacities and capabilities to enable them to participate fully in society as independent, mature and responsible individuals;

Advancing education;

Providing recreational and leisure time activity in the interests of the health and social welfare for those who are in need by reason of their youth, hardship, are socially or economically deprived or at risk of exclusion from society with a view to improving their standard and condition of life.

Reestablish

Trustees' report (continued) for the year ended 31 March 2023

Objectives and activities

The charity's main activities

As a charity we create opportunities for change for young people from areas of high deprivation, predominantly within South Leeds. We aim to empower people to discover their potential and actively pursue opportunities to develop their potential and positively improve their lives, whilst enhancing the lives of others.

We engage young people who are surrounded by violence, drug use, stabbings, suicides, criminality and loss as their day-to-day norms. Developing early engagement projects for 7 to 12 year olds and focused projects for 13 to 19 year olds – aimed at those most likely to end up in abusive relationships, prison, jobless or dropping out of school.

We run drop-ins, provide mentoring and community support, run group work, trips, holiday camps and expeditions. We long to see young people’s physical and mental health, as well-as their emotional literacy, life skills, self-confidence, aspirations and life expectations improve.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education.

Achievements and performance

Providing much needed community support. Running weekly consistent activities throughout within NYA guidelines.

Settled into Hillside office space and developing The Loft space as a community hub.

We have received support from funders that lasts longer than 12 months. 3 years youth music funding (150k over 3 years); coop foundation 28k a year for 5 years, up youth 18k for 3 years – so positive sustaining steps.

Financial review

The net income for the year was £9,341, including net income of £23,102 on unrestricted funds and net expenditure of £13,761 on restricted funds after transfers.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £36,180.

The purpose of the reserves policy is to protect the continuity of our core work.

We consider the core work to be the continuation of building relationships with and supporting the young people and families with whom we work. Although some of the work we carry out is of huge benefit to these people, we do not consider all of our work as essential; by the measure that, without this work we can continue to meet our charity objectives. Examples of core work that we would consider essential would be: weekly drop in sessions, detached work, home visits, supporting families, working with other professionals, and mentoring work.

Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure. The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three but no more than six months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.

If more than six months of expenditure is acquired this money should be either spent or assigned to an upcoming project or investment and not left to accumulate. As we already have a reserves fund, the money should be used to benefit the sustainability of Re:establish or help it meet its objectives.

The accounts and the reserves will be looked at quarterly by the Trustee, usually at the quarterly trustees meeting, to ensure that the reserves are in line with this policy, to identify if any action is needed and those actions discussed and decided upon.

Reestablish

Trustees' report (continued) for the year ended 31 March 2023

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

approved by the board of trustees on 06/08/2023

T Pedley (Trustee)

Reestablish

Independent examiner's report to the trustees of Reestablish

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2023, which are set out on pages 6 to 13.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the 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 respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sarah Coates MAAT

07/08/2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Reestablish

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2023

Notes 2023 Unrestricted funds £ Income from: Grants and donations (2) 20,159 Fundraising activities - Contributions to activities - Partnership work - Total income 20,159 Expenditure on: Salaries, NIC and payroll fees (3) - Advertising - Travelling 10 Licences and insurance 201 Trips and activities 38 Administration costs 25 Session equipment - Uniforms - Fundraising expenses - Accountancy 1,386 Freelance staff - Room hire - Community support 496 Training - Development costs - Meeting costs - Mentoring & one to one sessions - Partnership work - Bank charges - Legal and professional - Depreciation 5,536 Team restoration and thanks 430 Rent and rates - Total expenditure 8,122 Net income / (expenditure) 12,037 Transfers between funds 11,065 Net movement in funds 23,102 Fund balances brought forward 26,901 Fund balances carried forward (4) 50,003	2023 Restricted funds £ 176,099 - - - 176,099 82,997 1,972 1,361 1,024 26,057 8,064 5,771 2,469 2,651 - 13,518 400 559 5,036 9,148 761 442 600 126 61 - 3,380 12,398 178,795 (2,696) (11,065) (13,761) 74,025 60,264	2023 Total funds £ 196,258 - - - 196,258 82,997 1,972 1,371 1,225 26,095 8,089 5,771 2,469 2,651 1,386 13,518 400 1,055 5,036 9,148 761 442 600 126 61 5,536 3,810 12,398 186,917 9,341 - 9,341 100,926 110,267	2022 Total funds £ 171,664 6,301 334 151 178,450 50,535 2,214 1,680 725 23,436 508 8,885 1,998 2,266 1,080 8,347 6,078 2,100 7,006 5,516 1,289 1,825 4,000 27 56 2,767 - - 132,338 46,112 - 46,112 54,814 100,926

All incoming resources and resources expended derive from continuing activities.

Reestablish

Balance sheet

as at 31 March 2023 2023 Unrestricted £ Fixed assets Tangible assets (5) 13,823 Total fixed assets 13,823 Current assets Debtors and prepayments (6) - Cash at bank and in hand (7) 37,566 Total current assets 37,566 Current liabilities: amounts falling due within one year Creditors and accruals (8) 1,386 Total current liabilities 1,386 Net current assets / (liabilities) 36,180 Net assets 50,003 Funds Unrestricted funds 50,003 Restricted funds - Total funds 50,003	2023 Restricted £ - - 17,799 42,465 60,264 - - 60,264 60,264 - 60,264 60,264	2023 Total £ 13,823 13,823 17,799 80,031 97,830 1,386 1,386 96,444 110,267 50,003 60,264 110,267	2022 Total £ 8,294 8,294 356 93,356 93,712 1,080 1,080 92,632 100,926 26,901 74,025 100,926

For the year ending 31 March 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 06/08/2023

T Pedley (Trustee)

Reestablish

Notes to the accounts

for the year ended 31 March 2023

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Office equipment: over 4 years Computer and music equipment: over 4 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Reestablish

Notes to the accounts continued

for the year ended 31 March 2023

1 Accounting policies continued

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

2 Grants and donations BBC Children in Need Garfield Weston Leeds City Council (LCC) Healthy Holidays LCC Enhanced Youth Work LCC MICE Ward based iniative LCC Youth Activities fund LCC Youth Work Alliance Leeds Community Foundation (LCF) Pears LCF Flint Family fund Mayor’s Safer Communities Fund Street Games Youth Music LCFStrategic LCF Jimbo's foundation LCC Well being LCC Well being Donations 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions Payroll fees	2023 Unrestricted funds £ - - - - - - - - - - - - - - - - 20,159 20,159	2023 Restricted funds £ 23,705 27,500 21,000 12,500 5,000 7,800 27,781 10,000 5,000 6,000 20,000 2,997 - - - - 6,816 176,099	2023 Total funds £ 23,705 27,500 21,000 12,500 5,000 7,800 27,781 10,000 5,000 6,000 20,000 2,997 - - - - 26,975 196,258 2023 £ 80,650 4,726 (4,726) 1,497 850 82,997	2022 Total funds £ 9,945 27,500 25,150 - - - - - 5,000 6,000 1,000 26,971 30,000 16,959 4,000 1,000 18,139 171,664 2022 £ 49,161 2,931 (2,931) 885 489 50,535

The average number of employees during the year was 6, being an average of 1 full time equivalent (2022: 3.4, 1 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme	2023	2022
	£	£
Costs of the scheme to the charity for the year	1,497	885
Amount of any contributions outstanding at the year end	-	-

Reestablish

Notes to the accounts continued for the year ended 31 March 2023

4 Restricted funds St Luke's - Phocus Awards for All Street Games LCF Healthy Holidays LCF Flint Family fund LCF Jimbo's foundation LCF Strategic Garfield Weston Youth Music LCC Wellbeing fund BBC Children in Need Youth Development Fund LCC Enhanced Youth Work LCC Youth Work Alliance LCF Pears LCC MICE Ward based iniative Safer communities fund LCC Youth Activities fund	Balance b/f £ 14,577 341 2,320 5,064 2,974 200 14,514 12,339 3,270 4,000 9,825 4,601 - - - - - - 74,025	Incoming £ 6,816 - 20,000 21,000 5,000 - - 27,500 2,997 - 23,705 - 12,500 27,781 10,000 5,000 6,000 7,800 176,099	Outgoing £ 207 341 20,319 20,774 3,020 - 13,264 28,528 6,267 2,954 24,775 1,000 12,250 27,781 3,417 3,744 2,570 7,584 178,795	Transfers £ - - (1,707) - - - - (603) - - (8,755) - - - - - - - (11,065)	Balance c/f £ 21,186 - 294 5,290 4,954 200 1,250 10,708 - 1,046 - 3,601 250 - 6,583 1,256 3,430 216 60,264

Fund name

St Luke's - Phocus Awards for All Street Games LCF Healthy Holidays

LCF Flint Family fund LCF Jimbo's foundation

LCF Strategic

Garfield Weston Youth Music

LCC Wellbeing fund BBC Children in Need Youth Development Fund

LCC Enhanced Youth Work LCC Youth Work Alliance

LCF Pears

LCC MICE Ward based iniative Safer communities fund LCC Youth Activities fund

Purpose of restriction

Towards the Phocus project. Towards the Young and Courageous project. Towards providing active sports sessions.

Towards holiday provisions through the holidays, resources, equipment and youth space development. Towards mentoring support costs.

Towards mentoring, weekly sessions, trips, activities, life skill development and team building.

Towards the costs of strategic planning, team building, overheads, longer term development, fundraising and long term visioning and enabling. Towards the charity's running costs, projects and space development. Towards providing musical opportunities for young people, purchasing equipment, paying for staff and towards running costs. Towards the costs of a kitchen in the youth space. Towards the charity's running costs, equipment and trips.

A fund set up to cover costs for development of the building used and to create new spaces for young peoples activities and development.

Towards two youth sessions a week, plus a residential.

Towards detached sessions in Holbeck, Hunslet and Cottingley; staffing, overheads, training and expenses.

To run a weekly safe space for 30+ young people through an extra weekly drop in.

Towards development of the loft space. To run weekly drop in activities, trips etc.

Towards drop in and group sessions twice a week, trips and holiday activities.

The transfers relate to the purchase of fixed assets for the general purposes of the charity.

Reestablish

Notes to the accounts continued

for the year ended 31 March 2023

5 6 7 8	Tangible assets Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 Debtors and prepayments Debtors Prepayments Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Creditors Accruals	£ 9,068 11,065 20,133 2,268 5,037 7,305 12,828 6,800 Computer and music	£ 1,993 - 1,993 499 499 998 995 1,494 2023 £ 17,333 466 17,799 2023 £ 79,390 641 80,031 2023 £ - 1,386 1,386 Office equipment	Total £ 11,061 11,065 22,126 2,767 5,536 8,303 13,823 8,294 2022 £ - 356 356 2022 £ 93,161 195 93,356 2022 £ 800 280 1,080

Reestablish

Notes to the accounts continued

for the year ended 31 March 2023

9 Related party transactions

Donations from trustees and related parties

The total aggregate value of unconditional donations to the charity from the trustees or related parties was £10,000.

10 Trustee expenses

No trustee received any expenses during this year or the previous year.

Details of remuneration and benefits Joanne Sunderland (trustee) Gross pay Social security Pensions	2023 £ 31,682 3,280 950 35,912	2022 £ 26,853 2,485 806 30,144

Reason for remuneration

The trustee was employed in the role of development manager.

Legal authority for the payment

The legal authority for the payment is via a provision within the charity's governing document.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £35,912 (previous year: £30,144).

Reestablish

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023

2023 2022 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 20,159 13,014 Fundraising activities - - Contributions to activities - 34 Partnership work - - Total income 20,159 13,048 Expenditure Salaries, NIC and payroll fees - - Advertising - 56 Travelling 10 - Licences and insurance 201 341 Trips and activities 38 1,064 Administration costs 25 50 Session equipment - 409 Uniforms - - Fundraising expenses - - Accountancy 1,386 - Freelance staff - - Room hire - - Community support 496 1,353 Training - - Development costs - - Meeting costs - 213 Mentoring & one to one sessions - - Partnership work - - Bank charges - - Legal and professional - - Depreciation 5,536 2,767 Team restoration and thanks 430 - Rent and rates - - Total expenditure 8,122 6,253 Net income / (expenditure) 12,037 6,795 Transfers between funds 11,065 11,061 Net movement in funds 23,102 17,856 Fund balances brought forward 26,901 9,045 Fund balances carried forward 50,003 26,901	2023 Restricted funds £ 176,099 - - - 176,099 82,997 1,972 1,361 1,024 26,057 8,064 5,771 2,469 2,651 - 13,518 400 559 5,036 9,148 761 442 600 126 61 - 3,380 12,398 178,795 (2,696) (11,065) (13,761) 74,025 60,264	2022 Restricted funds £ 158,650 6,301 300 151 165,402 50,535 2,158 1,680 384 22,372 458 8,476 1,998 2,266 1,080 8,347 6,078 747 7,006 5,516 1,076 1,825 4,000 27 56 - - - 126,085 39,317 (11,061) 28,256 45,769 74,025	2023 Total funds £ 196,258 - - - 196,258 82,997 1,972 1,371 1,225 26,095 8,089 5,771 2,469 2,651 1,386 13,518 400 1,055 5,036 9,148 761 442 600 126 61 5,536 3,810 12,398 186,917 9,341 - 9,341 100,926 110,267	2022 Total funds £ 171,664 6,301 334 151 178,450 50,535 2,214 1,680 725 23,436 508 8,885 1,998 2,266 1,080 8,347 6,078 2,100 7,006 5,516 1,289 1,825 4,000 27 56 2,767 - - 132,338 46,112 - 46,112 54,814 100,926