2024-03-31-accounts - Reestablish

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Reestablish

Charity number 1187273

A company limited by guarantee number 09424839

Annual Report and Financial Statements

for the year ended 31 March 2024

Reestablish

Annual Report and Financial Statements for the year ended 31 March 2024

Contents	Page
Trustees' report	2 to 5
Examiner's report	6
Statement of financial activities	7
Balance sheet	8
Notes to the accounts	9 to 15

Prepared by West Yorkshire Community Accountancy Service CIO

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Trustees' report for the year ended 31 March 2024

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

Independent examiner

Katy Sargeant ACA

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 2015. 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 exceeding £1.

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.

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Trustees' report (continued) for the year ended 31 March 2024

Objectives and activities

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.

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

We are extremely pleased with what has been delivered and achieved over the last year as a team – making a very positive impact in one of the poorest areas of our city.

The team have run much needed community support. Running weekly activities, consistency throughout the year – both in term time and through all holiday periods for young people surrounded by drugs, crime, violence and loss.

We have started renovating The Loft space into a new community hub. Have continued to build really positive partnerships that enhance our delivery.

Financial review

The net income for the year was £112,151, including net income of £39,708 on unrestricted funds and net income of £72,443 on restricted funds after transfers.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £79,887.

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

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Trustees' report (continued) for the year ended 31 March 2024

Reserves policy continued

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.

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Trustees' report (continued) for the year ended 31 March 2024

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 1/9/2024

Patricia Pedley (Trustee)

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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 2024, which are set out on pages 7 to 15.

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

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ICAEW which is one of the listed bodies.

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.

Katy Sargeant ACA

2/9/2024

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

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Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2024

Notes 2024 Unrestricted funds £ Income from: Grants and donations (2) 53,693 Fundraising activities - Contributions to activities 37 Total income 53,730 Expenditure on: Salaries, NIC and payroll fees (3) 20,882 Advertising 200 Travelling 67 Licences and insurance - Trips and activities 8 Administration costs 351 Session equipment 1,390 Uniforms - Fundraising expenses 313 Freelance staff 3,387 Room hire - Community support 668 Training 989 Meeting costs 419 Mentoring & one to one sessions 10 Partnership work 4 Bank charges 138 Depreciation 6,048 Repairs and maintenance 441 Team restoration and thanks 1,725 Rent and rates 420 Independent examination - Household support costs - Total expenditure 37,460 Net income / (expenditure) 16,270 Transfers between funds 23,438 Fund balances brought forward 50,003 Fund balances carried forward (4) 89,711	2024 Restricted funds £ 280,803 1,750 - 282,553 86,536 2,172 1,151 2,165 50,749 1,795 4,775 352 54 12,390 900 44 2,889 432 1,374 - 44 - - 527 13,015 1,386 3,922 186,672 95,881 (23,438) 60,264 132,707	2024 Total funds £ 334,496 1,750 37 336,283 107,418 2,372 1,218 2,165 50,757 2,146 6,165 352 367 15,777 900 712 3,878 851 1,384 4 182 6,048 441 2,252 13,435 1,386 3,922 224,132 112,151 - 110,267 222,418	2023 Total funds £ 196,258 - - 196,258 82,997 1,972 1,371 1,225 26,095 8,150 5,771 2,469 2,651 13,518 400 1,055 5,036 761 442 600 126 5,536 9,148 3,810 12,398 1,386 - 186,917 9,341 - 100,926 110,267

All incoming resources and resources expended derive from continuing activities.

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Balance sheet

as at 31 March 2024 2024 Unrestricted £ Fixed assets Tangible assets (5) 9,824 Total fixed assets 9,824 Current assets Debtors and prepayments (6) 24,562 Cash at bank and in hand (7) 55,645 Total current assets 80,207 Current liabilities: amounts falling due within one year Creditors and accruals (8) 320 Total current liabilities 320 Net current assets / (liabilities) 79,887 Net assets 89,711 Funds Unrestricted funds 89,711 Restricted funds - Total funds 89,711	2024 Restricted £ - - 57,556 78,293 135,849 3,142 3,142 132,707 132,707 - 132,707 132,707	2024 Total £ 9,824 9,824 82,118 133,938 216,056 3,462 3,462 212,594 222,418 89,711 132,707 222,418	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

For the year ending 31 March 2024 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 1/9/2024

Patricia Pedley (Trustee)

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Notes to the accounts

for the year ended 31 March 2024

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.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

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.

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.

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Notes to the accounts continued for the year ended 31 March 2024

2 Grants and donations BBC Children in Need Biffa Co-op Foundation LandSec Futures Leeds City Council (LCC) Leeds Community Foundation (LCF) Veolia Forum Central Youth Music UK Youth Local Care Partnership (LCP) Garfield Weston Mayor’s Safer Communities Fund Street Games Other donations 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions Payroll costs	2024 Unrestricted funds £ - - 28,000 - - - - - - 18,000 - - - - 7,693 53,693	2024 Restricted funds £ 29,400 41,075 - 2,000 56,311 44,792 48,543 4,600 45,000 - 4,998 - - - 4,084 280,803	2024 Total funds £ 29,400 41,075 28,000 2,000 56,311 44,792 48,543 4,600 45,000 18,000 4,998 - - - 11,777 334,496 2024 £ 101,292 7,180 (5,000) 2,911 1,035 107,418	2023 Total funds £ 23,705 - - - 53,081 36,000 - - 2,997 - - 27,500 6,000 20,000 26,975 196,258 2023 £ 80,650 4,726 (4,726) 1,497 850 82,997

The average number of employees during the year was 5, being an average of 3.6 full time equivalent	The average number of employees during the year was 5, being an average of 3.6 full time equivalent	(2023:
7, 2.3 FTE). There were no employees with emoluments above £60,000.
Defined contribution pension scheme	2024	2023
	£	£
Costs of the scheme to the charity for the year	2,911	1,497

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Notes to the accounts continued for the year ended 31 March 2024

4 Restricted funds Balance b/f £ BBC Children in Need - Biffa - Garfield Weston 10,708 LCF Healthy Holidays - Easter - LCC Enhanced Youth Work 250 LCC Youth Activities Fund 216 LCC Youth Work Alliance - LCF Flint Family Fund 4,954 LCF Healthy Holidays 5,290 LCF Pears 6,583 LCF Strategic 1,250 LCC MICE 1,256 Safer Communities Fund 3,430 Street Games 294 Veolia Environment Trust - Youth Music - Youth space development fund 3,601 LCC Wellbeing 1,046 Phocus 21,186 LCC Active Leeds - LCP Connect Together - Forum Household Support Grant - Landsec Future Communities - LCC Cottingley - LCC Rocket Dodgers - LCF Trauma Informed - LCF Mohn Westlake Arts - LCF Jimbo's foundation 200 60,264	Incoming £ 29,400 41,075 - 4,000 12,500 - 26,121 5,000 16,000 - - 5,000 - - 48,543 45,000 - - 5,924 10,000 4,998 4,600 2,000 450 2,150 10,000 9,792 - 282,553	Outgoing £ 29,292 - 10,708 367 12,506 216 27,577 3,760 21,290 6,358 1,250 - 3,430 294 - 27,085 - - 19,642 - 4,364 4,522 733 450 2,150 3,130 7,348 200 186,672	Transfers £ - (12,000) - - - - - - - - - (901) - - (7,036) (2,049) (406) (1,046) - - - - - - - - - - (23,438)	Balance c/f £ 108 29,075 - 3,633 244 - (1,456) 6,194 - 225 - 5,355 - - 41,507 15,866 3,195 - 7,468 10,000 634 78 1,267 - - 6,870 2,444 - 132,707

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Notes to the accounts continued for the year ended 31 March 2024

4 Restricted funds

Purpose of restriction

Fund name

BBC Children in Need Biffa

BBC Children in Need Towards the charity's running costs, equipment and trips. Biffa The Loft space development – renovation work turning old warehouse into a new community hub. Garfield Weston Towards the charity's running costs, projects and space development. LCF Healthy Holidays - Easter Towards holiday provisions through the holidays, resources, equipment and youth space development. LCC Enhanced Youth Work Towards youth sessions and a residential. LCC Youth Activities Fund Towards drop in and group sessions twice a week, trips and holiday activities. LCC Youth Work Alliance Towards detached sessions in Holbeck, Hunslet and Cottingley; staffing, overheads, training and expenses. Although in deficit at year end, further income received in July 2024. LCF Flint Family Fund Towards mentoring support costs. LCF Healthy Holidays Towards holiday provisions through the holidays, resources, equipment and youth space development. LCF Pears To run a weekly safe space for 30+ young people through an extra weekly drop in. LCF Strategic Towards the costs of strategic planning, team building, overheads, longer term development, fundraising and long term visioning and enabling. LCC MICE Towards development of the loft space. Safer Communities Fund To run weekly drop in activities, trips etc. Street Games Towards providing active sports sessions. Veolia Environment Trust The Loft space development – renovation work turning old warehouse into a new community hub. Youth Music Towards providing musical opportunities for young people, purchasing equipment, paying for staff and towards running costs. The transfer relates to the purchase of fixed assets for the general purposes of the charity. Youth space development fund A fund set up to cover costs for development of the building used and to create new spaces for young peoples activities and development. LCC Wellbeing To put a kitchen into youth space Phocus Towards the Phocus project. LCC Active Leeds To purchase equipment for the Loft space LCP Connect Together Deeper sessions, group work and mentoring. Forum Household Support Grant Money for gas/electric and food vouchers for local families. Landsec Future Communities Money towards staff time. LCC Cottingley Towards trips and activities. LCC Rocket Dodgers Money for activities around bonfire night 2023. LCF Trauma Informed Community voice and young leader development. Team training and equipping around trauma. Young peoples activities. LCF Mohn Westlake Arts Creative art sessions. LCF Jimbo's Foundation Towards mentoring, weekly sessions, trips, activities, life skill development and team building.

Aside from Youth Music grant, the rest of the transfers relate to the costs of the redevelopment of the Loft, which was not complete at the year end, and therefore is recognised as a current asset on the balance sheet at the year end.

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Notes to the accounts continued

for the year ended 31 March 2024

5 6 7 8	Tangible assets Cost At 1 April 2023 Additions At 31 March 2024 Depreciation At 1 April 2023 Charge for year At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 Debtors and prepayments Prepayments Accrued income Other current assets (Loft work in progress) Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Creditors Accruals	£ 20,133 2,049 22,182 7,305 5,549 12,854 9,328 12,828 Computer and music	£ 1,993 - 1,993 998 499 1,497 496 995 2024 £ 514 57,042 24,562 82,118 2024 £ 133,915 23 133,938 2024 £ 996 2,466 3,462 Office equipment	Total £ 22,126 2,049 24,175 8,303 6,048 14,351 9,824 13,823 2023 £ 466 17,333 - 17,799 2023 £ 79,390 641 80,031 2023 £ - 1,386 1,386

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Notes to the accounts continued for the year ended 31 March 2024

9 Related party transactions

Trustee expenses

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

Trustee remuneration and benefits Details of remuneration and benefits Joanne Sunderland (trustee) Gross pay Social security Pensions	2024 £ 34,690 3,532 1,041 39,263	2023 £ 31,682 3,280 950 35,912

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 £39,263 (previous year: £35,912).

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Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024

2024 2023 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 53,693 20,159 Fundraising activities - - Contributions to activities 37 - Total income 53,730 20,159 Expenditure Salaries, NIC and payroll fees 20,882 - Advertising 200 - Travelling 67 10 Licences and insurance - 201 Trips and activities 8 38 Administration costs 351 25 Session equipment 1,390 - Uniforms - - Fundraising expenses 313 - Freelance staff 3,387 - Room hire - - Community support 668 496 Training 989 - Meeting costs 419 - Mentoring & one to one sessions 10 - Partnership work 4 - Bank charges 138 - Depreciation 6,048 5,536 Repairs and maintenance 441 - Team restoration and thanks 1,725 430 Rent and rates 420 - Independent examination - 1,386 Household support costs - - Total expenditure 37,460 8,122 Net income / (expenditure) 16,270 12,037 Transfers between funds 23,438 11,065 Net movement in funds 39,708 23,102 Fund balances brought forward 50,003 26,901 Fund balances carried forward 89,711 50,003	2024 Restricted funds £ 280,803 1,750 - 282,553 86,536 2,172 1,151 2,165 50,749 1,795 4,775 352 54 12,390 900 44 2,889 432 1,374 - 44 - - 527 13,015 1,386 3,922 186,672 95,881 (23,438) 72,443 60,264 132,707	2023 Restricted funds £ 176,099 - - 176,099 82,997 1,972 1,361 1,024 26,057 8,125 5,771 2,469 2,651 13,518 400 559 5,036 761 442 600 126 - 9,148 3,380 12,398 - - 178,795 (2,696) (11,065) (13,761) 74,025 60,264	2024 Total funds £ 334,496 1,750 37 336,283 107,418 2,372 1,218 2,165 50,757 2,146 6,165 352 367 15,777 900 712 3,878 851 1,384 4 182 6,048 441 2,252 13,435 1,386 3,922 224,132 112,151 - 112,151 110,267 222,418	2023 Total funds £ 196,258 - - 196,258 82,997 1,972 1,371 1,225 26,095 8,150 5,771 2,469 2,651 13,518 400 1,055 5,036 761 442 600 126 5,536 9,148 3,810 12,398 1,386 - 186,917 9,341 - 9,341 100,926 110,267