Trustees’ Annual Report for the period
From: 01/04/22 Period start date To: 31/03/23 Period end date
Charity name: Project TurnOver (rebranding to RE N-GAGE in 2023)
Charity registration number:1188981
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Project TurnOver aims to create positive outcomes for the UK’s most vulnerable young people via an immersive programme based on proven research that sport can be used as a framework for a programme of positive change for young people. We usesport as the key enabler for building relationships for our workshops and mentoring to be successful in changing the young people’s lives. We run a programme that leverages sport to cultivate resilience motivation and hope in students at risk of exclusion, gang involvement, drug abuse, violence and opting outofschool. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 | Our main activities are centred on the running of our Taking Control programmes which run for 12 weeks each with up to 16 young people participating. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All our Trustees are aware of their responsibilities and understand the Charity Commission guidance on public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policyongrant making | Para 1.38 | N.A. |
| Policy on social investment including program related investment |
Para 1.38 | N.A. |
| Contribution made by volunteers |
Para 1.38 | We have a number of volunteers and Ambassadors who regularly attend our Taking Control programme and who consistently give their valuable time to make the programmes a success. We are indebted to them for their help and their ongoing support. 30+volunteers |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the year we ran 5 Programmes and supported 90 young people to an improved future life prospect: Back to school |
We started discussions with schools to include teacher training days, school assemblies and in-school programmes delivering mentoring, sport and anti-crime workshops. We started charging schools a % of overall costs (started Cohort 8, January 2022) which was a huge success and raised £14,745 in PAID PLACES.
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Our CEO has objectives which are set and agreed with the trustees and each trustee has their own objective for which they provide support to the CEO. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | We have not yet been successful in identifying a replacement corporate sponsor and we continue to focus on alternative options. Our funding objective was to become financially independent of our Main sponsor - as they had sold the business. We have achieved this objective. We secured £198,347 funding during this period. In addition and to ensure longer term sustainability, we introduced a charging policy for schools (who refer young people onto our programmes) which whilst not covering all our costs does provide a base line contribution which is very useful. We hosted our second fundraising event in October 2022 - The 3 Peaks Alpine trip and raised over £9,415. Our first City Lunch planned for November 2023 |
| Investment performance against objectives |
Para 1.41 | N.A. |
| Other | N.A. |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The combined impact of covid and the loss of our corporate sponsor resulted in a significant challenge however we have successfully raised funds from a variety of sources which continue to |
|---|---|---|
| provide the funding required and our focus is on ensuring financial stability. |
||
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We are continuing to operate in accordance with our agreed policy on reserves as approved by the trustees on 19’th November 2020 |
| Amount of reserves held | Para 1.22 | 4,000 |
| Reasons for holding zero reserves |
Para 1.22 | N.A. |
| Details of fund materially in deficit |
Para 1.24 | N.A. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N.A. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | We have continued our efforts to secure new sources of funds throughout the year and have had good success in obtaining grants. This continues to be a key activity, challenge and focus for our CEO. Our funding is split into 3 main sources: 1) BIDS, 2) PAID PLACES and 3) Fundraising/Donations. BIDS - Some of our key funders include: National Lottery Community Fund, St James’s Place Foundation, Garfield Weston, Hounslow Thriving Communities Fund along with a number of smaller funders: KFC Foundation, Wooden Spoon, Masonic, Middlesex Free Masons. Some of our funders are over multiple years securing longer term funding. PAID PLACES - we launched in January 2023 where schools and referrals pay a % of the cost per participant and received£14,745 during this period. Fundraising/Donations: We secured our first corporate sponsor, London Metric who donated £2,700, along with our second fundraising event in October 2022 - The 3 Peaks Alpine trip and raised over £9,415. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N.A. |
| A description of the principal risks facing the charity |
Para 1.46 | The principle risk is with regards to funding-the loss of our main corporate sponsor has been a major challenge although we are confident that our fund raising plans are robust enough to continue to provide the finances we require. |
|---|---|---|
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Foundation constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable incorporated organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by trustee meetings |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Trustees are inducted in line with charity commission guidance |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The trustees meet formally 4 times per annum with minuted meetings and key actions We have a network of active ambassadors who support the CEO and provide ad hoc advice as required |
| Relationship with any related parties |
Para 1.51 | We have active relationships with a wide range of bodies who provide consultancy advice and support. |
Other
Reference and Administrative details
| Charity name | PROJECT TURN-OVER (rebranded RE N-GAGE Nov 2023) |
|---|---|
| Other name the charity uses |
|
| Registered charity number | 1188981 |
| Charity’s principal address | STAINES RFC,THE REEVES,SNAKEY LANE,FELTHAM,TW13 7NB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| ROGER ROBERTS | CHAIR | |||
| STEVE PESKIN | TRUSTEE | |||
| JOERI PEPERKAMP |
TRUSTEE | |||
| WENDY WOODFORD |
TRUSTEE | 01/04/22-01/12/22 | ||
| ALEX WHITE | TRUSTEE | |||
– Corporate trustees names of the directors at the date the report was approved
Director name N.A.
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year N.A.
Funds held as custodian trustees on behalf of others
Description of the assets N.A. held in this capacity
Name and objects of the N.A. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements N.A. for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| ACCOUNTANTS | COLLARDS | 5-9 Eden St, Kingston upon Thames, KT1 1BQ |
| Name of chief executive or names of senior staff members (Optional information) | ||
| MAGS DAVISON |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) ROGER ROBERTS Full name(s) ROGER CHARLES ROBERTS Position (eg Secretary, CHAIR Chair, etc) Date 29.01.2024
REGISTERED CHARITY YI UMBER.. 1188981 REPORT OF'fHE TRUSTEES AND iQ¥AUDITED FIN'AN'CIAL STATEMEYI TS FOR THE YEAR EYE DED 31 MARCH 2023 FOR RE N-GAGE PREVIOUSLY KNOIVN AS PROJECT TuR,.OvER Collards Chartcrcd Accouni#nts 5-9 Edcn Sire Kin¥%ion-upvn-Tham SUeY KTI 113Q
RE J-GAGE COIYTENTS OF THE FINANCLIL STATEMENTS FOR THE YEAR E'DED 31 lARCH 2023 Pllge Report of th Trustees Independent Examiner's Report Stgtement OfFian¢1] A¢tivitie5 B#lart¢c Shcet 'otQ5 to tho FiDanclal Staitments Detailed SIAlvtnent olFinaDeial Aetlvl¢lE$
RE N-GAGE REPORT OF THE TRUSTF.FS FOR THE YKAII EIDED 3111 IARCH 2023 The Iruslcc£ prc5¢nl Iheir rq)0rt 3nd the finan¢i%l siaiemenls as a Charitsbl¢ Jncorporaied Oiganisation Icio) for thc y¢ar ended 31 March 2023. 0ECTIlEs ACTIVITIES Obje¢iivr5 and aitll5 Th¢ objccis of ih¢ CIO are lo advance tn Itfe %ind help young people through.. al the proi'ision of r¢cr¢aiional ttd Icisure liiiie 3ciiviii¢s. spccifieally by Ihe provision ofrugby-ori¢nt¢d programmes incorpordting life skslls irJininb. provided in the inieT¢St ofso¢ial ivcifatc, designcd lo iniprove ili¢ir conditions life, and bl providsng 5UPtKIrt aDd aaii'iiics whi¢b develop theirskill$. capactiies and capabilities lo enable them lo p3rticipaie in stlely. I IS5ion RF N-GJgc aiTn5 to crcaic po%iiii'¢ OUlcoTnes for the UK'S most wlncrablc young pcoplc via an immersive PTogratnm¢ b¢ o provcn thai 5POrt can bc uscd frameivork foT a progTamme of positivc ¢hang¢ for >'ounb pcople. WL use SPDrt the key enabler for building relationships for our workshops and menring ID be Successful in chan8ing th¢ young pcoplc's liv. Wc a Probrratnrne that leverag Spon 10 culiivaie resilience motikaiion and hopL' in Sludenis al risk of exclusion. gang involvement, dwg abuse, violence and opting out of school. Our moin a¢livilics are centred on thc running of our Taking Control programm¢s which rjn for 12 weeks each NTriih up to 16 young people participaiing. Public benefii In shaping our objccitvcs for the period and plBnnin¥ our a¢tiviii¢s. th¢ Irusives have considered ihe Charity Commission's guidance on publie btncfii. in¢liiding ihe guidance pllblic b¢n¢fii-. Nnning u charitv IPB21'. Volunteer5 We hav¢ over voluniLrt5 and Ambasd0r5 'hO rcgularly aiiend our Taking Coiitrol progrgminc and h0 ionsisienily give their valuable lime lo make th¢ PTogrnmm¢5 a success. Il'e arc indcbicd to Ih¢ni foriheir hclp Iheirongoing supwrt. ACHIEVEI¥IEI'T PERFOILNLLNCE ChHrilablE llctiviho5 During th¢ ycor 'C Fan 5 PToBf3mmes and supported 90 young people lo an improvcd life prospeci." Back 10 sch1 | No Re-offcnding I Inio a Job. apprenticesliip. EBch programmc was 12 ivceks of 36 full days. W¢ 5CesSl1Y latsnched new pro8T&mmes during Ihis period including HAF llloU10. 140liday A¢iiv¢iie$ 8nd Food Prwainmel which callcd Alicmaiive Life Educalion using music as our basc and iniluding Sport, knife crime and county line% w0[p$ with menlDrillb. During this ptriod. we had a Laureu5 Sport d8y includinb playe from the WoTld cup winnin¥ Springknk ieam. 3 siatTirdininb days in Amsierdatll 3nd 8 Reunion BBQ incliiding pa51 Participants to re-eng38¢ wilh th¢m and Check in with progress. We launched our2022 Alpinc trip which raised £9.415 funding. We started (bse$10Trs with schools lo include ie¥h¢r training days, sch[ assemblies and in-school programm¢s dclivcrin mcnioring, sport aDdanli-crirJe workqhops. We started ch3rginbt Nchools a PVTcenlage of overall c05ts (started Cohvrt 8. January ?OL?I Ivhich was B hug¢ success and raised £14.745 in PAID PL.4CFS. Fundral$lnE Aetiiitie5 Ili hJ%'¥ tioi YLI beL'n tsuccrUl in idcntifving a rcplaecmtni cvrpDrJle sponsor and u'e coniinu¢ io focus on aliemaiii'e Oplions. Our rundinbp objcciive 7S lo beTh>m¢ financially indcpcndcnl of our Maiii sponsor- tsi¢y had SL)Id th£ business. We kni'e achieved iliis objeclivc. Il'e seCUrn £198.347 funding during this pertod. In adiliiion and 10 Cnsure longer susiainability. Introduc¢d a charbpinb poli¢y for schools Iivho refLr yuunb pIC Dnio our pTrmMe5) which whilsi noi ¢ov¢rin¥ all uur cosis dDes proi'ide a base line contribution wht¢h is very U5Eful. W¢ hosted our second fundrnisin8 cvent in Ociobcr 2022 The 3 Peaks Alpine and Tai5cd ovcr £9.415. Our first City Luneh i(yok placc in Novemb¢T 2023. Our CEO has obj¢ciives which ar< Sel and ¥gr¢cd wilh ih¢ Irnsiees and each Irustee has their own obj¢ciii'e for wh¢¢h Ih¢y provide support 10 the CEO. Page I
RE N_GAGE REPORTOFTHEI'RUSTEES FOR THE YE.4RENDED31 hlARCH 2023 FI,..1CIAL REI'IEIV Finan¢lal posÉlion Thc combined impa¢1 of Lol'id and ihe loss of our corpordie Spoor rbsuIILYl in a sibinificani ehallenLie. Howti'L'r wc have SUCCLqsfully raised tullds from # i'ariLN of 50uires ivlii¢h Loniiniic lo provid¢ thr fundin¥ required and our focus is on ensurinb financial siability. Totsl incoming resources amouiiicd 10 £214,526 compared to £274,504 in the pvIOuS y¢ar. During the y¢ar ihe charities ¢xp¢nditurc iva> £250,951 cotnpar¢d 10 £260.$44 ihe previous ytar. ThL rL%irieiL'd income gfili¢ cliariiy is ai'ailable only for IhL' SPLYific PTOj¢Cts or purposes deterniin¢d by (he funders. During the year 'L'd £135,823 190?2.. £97.5861 ofrL'blricied inconie £148.8041?022.. £113.5981. Principal lundlmg 50ufcE5 We havl ¢tsniinued our elTorts to securL' nciy sources of funJs ihroughout the year and have had good su¢¢ess in obiaining wts. Tlii> tyoniinues to be a ke>. activity, ¢hallcnsc and focus fgrour CEO. Our fundin¥ 15 split inio 3 maiD sour¢¢s'. 11 BIDS. ?) PA]D PLACES and 31 FundSinD0aliott$. BIDS - Som¢ of our key fvnders include.. Naiional Lottery Communiry Fur, St Jam¢s'5 P13ce Foundaiion, Gartield W¢blOn. Houns1o, Thriiing Cominuniiies Fund along wilh a numbcT of sinaller fvndcTS.' KFC Foundation, Ivooden Spoon, MOnic, Surrey Free Mason. Sotne of our fiinders are over tnuliiple years securing longer tenn fvnding. PAID PLACE5 - we laUnChL in JanuJry ?023 ¥vhirt h[S Jnd ref¢rrals pay a perceniage ofthe cost p¢r panicipani and r¢c¢iv¢d £14,745 durillb this period. FundraisinwDonalion5.' Ive sccurLYI our firii corpordie sponsur. London Metri¢ Ivho donaied £2,700. alonb with our sc¢ond fundraisin¥7 cvcni in OctobLr 2022- ThL' 3 Peaks AlpJnL trip and raised over £9.415. Re$Ef%-¢5 pvlici. resLrves policy was abT¢cd by ihe Trustees on 19 Fcbnmry ?022. The TNsites revie. th¢ reservts Thic¢ 8 year 10 ensure they are ad¢quaiLb Iv fulfil our continuing obligaiiD115 UnK'slri¢ied funds curr¢JJily stand ai £43,715 1?022.. £67.5751 and resthcied funds ai £5,5(M)12022.. £18,065). Tlie principle risk is ivith r¢gards lu fundinbT-Ihe loss of our mJin corpordte sponbOT has been a major challenge althou¥h w¢ are confideiit that our fund raising plans are robusi tnoubh to continue 10 proi'idc the finances w¢ require. FU'I'URE PLANS ThL kLy finanLial objeitiic is io se¢ur¥ fundraising io ensur¢ thai wc are indepenJ¢ni of OUT ]nain sponsor by 2023 which wtll bc a signifjcallt challtngL' given ihe itnpaci of th¢ pandeTlliC on tx)th operdiions and fundraising. Our CEO ha% objL'¢live5 which are set and agrcvd wiih ihe th$¢£$ and each trustee hBS th¢ir objective for which they provid¢ SUPPDrt TO ihc CEO. Wc ¢oniinue to develop our fvnding slubility t(Kussing on 5 key areas.. I I d¢liv¢r fiinding iargei IroTn bids 21 deliTr'er funding iargei from corpordie sponsorships 31 delilLr funding iargcis froin fjov¢mminl 41 deliier fundingb iargbci (rum paid places 51 di'liv¢r fundin¥ largei from cvints Additional objcciives include.. I I PTograiiime d¢livery 21 Stak'cholder engagement and communicaiions 31 Team J¥%.lopl77cnI and reieni2on 41 PFogratnme goieman¢¢ STRbCTLRE, C.OVERYANCE AS'D NIAN'AGE.IIENT GnvL'rninL docuniont The chanry is eontrolled by its toundaiion consiiwiion and ¢oD¥tiiuied u5 a Charitsble I01pOraTed OrgBnisation. Pagc 2
RE N-GAGE RF.PORT OF THE TRb.8TFF.S FOR TIIE YEAR ENDED.11 ,IIARCFI 2023 STRLCTDRE. GOI,-EIiN..KNCE,INI D 1.AGEIEI T Re¢ruiimcnt appibinlmctht of ncM' trll$toe When selectinbl Indii'idu315 for appointment as ch3rity' ttu.4t¢¢s. Ihc charity trustees mu51 hai'c rcuaTd lo the skills. kn()u'lcdsc and experiertcc needed for the cffeciii'e admini4Erlliion of the Charity. Apart from thc initial tnistees whose trrnis are stated in the foundation con51itulion, thtee$ are appointed for a lertn of three ar$ by a resolution passed at a meeiing ofthe chariiy INsiees. Or%&nis4rionil structsro The trustees MCL1 fomallv 4 IirnLS p¢r gnnum with rninuled mc¢iings and k.ey actions. We hav¢ a ne¢uDrk of aElive ambJs5Ddors who support Ihe CEO and Providc ad hoc advice rcquircd. Induetiort and training tru5teES The charity insices ivjll make availabl¢ Iv each new charity trusiec. on or before their first appointin¢ni J copy of the foundation consiiiiilion together 1th any amcndmenls made lo ii a LOPY of the chBnty's lai¥si Tru51ces Annual Report and %LqtLxnLlli ur accounty Il'ider nefv'ork W¢ have active re131innships .11 a ividc rdnge ofbodies ivh(> provide consultgncy adi'ite and supwrt. REFERENCE AND ADINIIJNISTRATII'E DETAILS RoRi5tered Chariti. numbor 1188981 Prith¢ipRI addro5S i¢ Rlcves Snakey Lan¢ Feliham TIV13 7N Trtsttcc5 A J Wilt¢ IN5ibmed 30.7.231 S Pe5kin Iresigned 30.7.231 W Illo()dford IrL'sigrted 30.11.221 R Roberts J P¢perkamp Irc5igncd 30.7.231 G Salisbury lappoinied 1.2.231 M Goldi¢ lappoinlcd l ? 731 Chicf Exocutiie OffJ¢er M Davison Independent Ex#miner Collards Chi1rt¢rcd ACcounnts 5-9 Cd¢n Sir¢ei Kingslon-upon-Thames KTI IBQ CHALNGE OF YI AIIF Thc charity pJs5ed a special resolution on 18 October 2023 changing ils name froin Proj¢¢i Tum-overio KE N-Gage. Approved bvorder of lh¢ board of Iruslees on 26 Fcbruarv 2024 and signed on Ils b¢haifby.- R Roberts- Twsicc Pllg¢ 3
INI)EPENDENT ElINER's RF.PORT TO THE TRUSTEES OF RE N_GAGE PREVIOUSLY KNOII'N, AS PROJECTTUILN-OI'ER Indopendont e¥2mlner's report to the tru5toos of RE IN'.G*Ee I r¢port 10 thc Lhthiy ItU51ees OD my examingison of th¢ accouDts of RE N.Gage lthe Trusti for the y¢arended 31 March ?0?3. RespD115ibilitie5 and b2sÈs of report As the clianty tru%iLL4 of shc Trust you are responsiblr for the preparniion of th¢ a¢rounts in accordan¢¢ u'ith the requirements of th Charities A¢t 2011 I'ihe Aci'l. repurr in ri5pect of m> ¢xamindlivn of ihe Trust5 a¢¢ounis Catried oui under S¢¢iion 145 of the Act and in oui my exc11ninaiion I hakL folloivcd all applicabl¢ DirL'Clions 8ii.cn by the Cliarity Commiknion under S¢¢iion 14515llbl of th¢ Act. Independcrtl cxatniner's st2tcment I liaiL conipll'lid my Lxaminaiion. I confirni thai no material mailers have Come LO my atteniion in cottneciion with Ilie examination givTnbr tne cause io believ¢ thai in any material respect.. accounting records wer¢ not kepi in respect ofihcTN5t as required by Scciton 130 of the Art., or the accounts do not accord with Iho&e records: or Ihc aLeounis do nol coinply wilh Ihl applicabl¢ r¢quirtinents LnLeing the fomi and ¢ortlenl of accounts sei out in the Chantics IAcLX)Unts Reports) Regulations 2(K)8 oiher ihan any r¢quirL'mcnl that the a¢¢ounts gii"e a ENe and fwr view ¥.hieh 15 noi a maiierconsid¥rLd as part of an indep¢nd¢ni Lx¥miftalion. I havL no con¢¢ms alld have come across no othLr tnatter5 in connection with the examination to whiLh aiEenTion should b¢ drawn in this T¢poll in OTderto enable B proper undcrsianding of ihe accounts TO bc reached. ChrisiopherJulian Brigsiockc FCA Collard Chartercd Accountants 5-9 Eden Sireet Kingision-upon-ThamL's Surrey KTI IBQ 26 February 2024 Page 4
RE N_GAGE STATEIENT OF FIJJANCIAL ACTIVITIES FOR THE I'EAR ENDED 31 lARCH 2021 2023 2022 Unreslrict¢d funds Ri'slriclcd rund5 Total funds Toial fund5 Noies IINCOVE AND EiN'DOII'IIENTS FRO.11 Donations and Icgaci¢% 78.703 135,823 214526 274.504 EXPEIlry)URE ON Ri4 ising funds 7.070 8.590 her 95,077 147.284 242J61 260.544 Total 102,147 148.804 250,951 260.544 ET I%'COI1EIIF.YPF1D[TuREl 123.444 112.9811 416 136.4251 13.960 Transfcr5 belii'een fund% £1 Tnoi'emont tn funds 123.8601 112,5651 136,4251 13,960 RECONCILIATION OF FUNry)S Toial funds brouLhi forward 18.065 85.64¢ 71.680 TOTAL FUND5 CARRIED FORWARD 4.1.714 5500 49.214 85.640 The note5 form part of Ih¢5¢ financial siatetnents Pag¢ 5
RE N_GAGE BALANCE SHEET 31 I%IARCH 2023 2023 Toral fund5 2022 Total funds Unrestticied funds RLtricId funds Notes CURRENT ASSETS Debtors Cash ui bank 12,912 51,872 12.912 57J72 5,500 93.780 64,7JM 5,$00 70254 93,910 CREDITORS Amounts falling duc thIn ontyear 121,0691 121,0691 18,2701 I'ET CUBJiEN'f ASSETS 43,715 5,5110 49.215 85.640 TOTAL ASSETS LESS CURRENT LIABILITIES 43,715 49,215 85.(40 ET ASSETS 43,715 5.500 49,215 85,fAO FUIJDS u11rsir1e¢l fund5 Restrictcd fvnd5 43,715 5,500 67.575 18,065 TOTAL FUINDS 4Y315 85.610 The financial $tai¢in¢nts wetL' approved by th¢ Board vf T[lltee5 and authorised for issue on ?6 f¢bnw 2024 and w¢r¢ signed o its buhaifby-. R Roberts- Ttuslee The notes foml part of iht5e financial stst¢iii¢n Page 6
RE N-GAGE NOTES TO THF FINANCIAI. STATFIIEYTS FOR THE I'E.4R ENDED31 MARCH 2023 ACCOUNTING POLICIES Ba515 of preparing tho fin2nclal Slllcments The financial 51Rtemenis of Ihc chanty. Ii'hi¢h is a public ben¢fii Lmlirnl under FRS 102. havc bccn prcpared in a¢Lordallcc 'ith ih¢ Chari11¢5 SORP IFRS 1021'Accouniin8 and R¢pothng by Charitics.. Siaiemenl of Recomm¢nd¢d Prnclire applicable 10 charities prcparing their accounts in ae¢ordJnce with th¢ Financial Reportino Standard applIc7b1e in ihe UK and Republic of Ir¢land IFRS 1021 l¢JTc¢iii'e l January 20191,. Financial Reporting Standard 102 'The Ftnan¢ial Reporting Standard Jpplicable in thi UK and Rcpubli¢ of Ireland. and ihe Chariiies Acl 2011. The financial siaielnenls have bcLn pr¢p)red under thc hisiorical cost conveniion. Incorn All incotne is reLognt%ed in the 5tsiem¢nt Dr Financial Aclii'iii¢s on¢e the charity h&s eniiilcmcnl lo the funds. it is probable that thc income wll be received and the amounl can bc measurcd Teli3bly. Expenditure Liabililics are r¢¢ogni5ed a5 expenditure &g soott Js there 1$ 3 l¢gal or ConstCti1.c obligaiion ¢ommtlling the chariiy to thai cxpendiiure. it Is probablc th3l ¥ Iransfer ofecon1L bcncfi15 Il'ill bc rcquircd in s¢%iilenieni and the 3mount orthc obligation In be measured r¢liably. Expen(bture is acEvunled for on an 2ccw21s basis and ha5 becn c151r1l'd undcr hcadings ihai aggregaic all ¢osi relJted io lh¢ ¢aiL'bTOry. INThere coqi% canniil be direcilv attnbut¢d 10 particular headin¥q they haiL' been allocaicd lo acliviiie5 on a basis consisteni wilh ihc use ot'reSourc. Taxlltion The charily is ¢x¢mpi from on iTS Chariiable aciivilies. Fund 9ttOiLlhtinE Unre%incicd funds can be used in a¢cordattce ivilh Ihe charitablL' objectives at the d15¢reiton of the Iruslee5. Restricted fvnds can only be for particular Testricted puryx)scs ivithin ihe obJts of ihc charity. Re5thciions arise ivhen %p¢¢tfied by ihe donor orwhen funds are rnis¢d forpartT¢ular resrrict£d purposcs. FurthcrexplanaEion of the naitste and purpos¢ of each fund is included in ihc no$ lo the financial stsiem¢nts. Pension eo$is *nd Dlhcr p05tthretlrem¢nt bencfi15 Thi chaiily OPCrnlL% a (IL'fJned contnbuiion pi'nsion 5chetne. Coniribu110ts5 payable lo th¢ char&ry's pension scherne arc charged io IhE SLilemeni of Fsnancial Actil'ilies in ihc rI0 lo which they rL'lai¥. TRUSTEES. REluN1 ERATION AND BENEFITS Therc were no tDJSlee5' remuneration or oiher benefits for Ihc ytrdr ended 31 March 2023 noT for Ihc y¢ar cndL 31 March 2022. Trustees, ¢xpcn5Q5 There were no th]ste, cxpenses paid for Ihe yc3r ¢nd¢d 31 March 2023 nor forthe ytrarended 31 March 2022. STAFF COSTS 2023 2022 W3bi&s and salaries Social.4ecuriiy c051s Otherpen5ion costs 123,9¥3 6,764 3.469 153.925 12,680 3,917 1.14.2l6 170.522 The avernge monthly number of¢mployecs duringT Ihe year as follo.. 2023 2022 Coaching staff Administrdrive anddcvtloptnenl No ¢mployccs received emoluments in excess of £60.000. coniinued..
RE N-GAGE NOTES TO THE FIN.INCIAL.STATFIllE)TS- contitLued FOR THE YEAR ENDED 31 lARCH 2023 5TAFf COSTS- continu¢d KEY lANAGE1lEIT PERSONNEL Th¢ ioial employee benefits, including pension ¢onrribulitsn5. of k£y mano8em¢nt personnel for the year 10 31 March 2023 was £54,6(KI12022.. £44.8941. COhlPARATII'ES FOR THE sTATEIE I. OTr CIAL ACTIVITIES Unr¢stricl funds Restticled funds Toial ruDds INCOIIF..4I'D ENDOII'MENTS FROLNI 176.918 97.586 274.504 EXPEINDITURE ON Oiher 146,946 113.598 260,544 ET INColFjlExpE.YD1TLKg) Tran5fors behb'¢eD fund5 29.972 13,960 11061 i et mo%emeDt in fulld5 30.078 13.960 REc0cILIATIoN, OF FUNDS Total tunds broughi fornvard 37,497 34,183 71,680 TOTAL FUI%DS CARRIED FORIVARD 67,575 18.065 85,640 DEBTORS-. AIIOUNTS FALLING DUE ONE YEAR 2023 2022 herdcbtors Prip4iyniLllTS and Jccrued incoin¢ 1.407 13U l2,91Z 130 CREDITORS:.10ulJTs FALLIJG DUE II'ITHIN ONE YEAR 2023 2022 Trade creditors Taxaiion and Soci s¢curity OihErcredilors 461 3,009 4.800 7.D85 13.984 21,069 8,270 Page 8 continued...
RE h'.GAGE NOTES TO THE FIN.ANCIAI. STATFMEITS- continued FOR THE YEAR ENDED 31 NIARCH 21)23 MOVEMENT IIN FUNDS Nel Tnovemcnt in funds Trdn%f¢rs betive¢n funds Al 31.3.23 At 1.4.22 Urtre51ricted funds GencriE I fund 67575 123.4441 43.715 Rcstricted funds ModLI Clty Thrii'ing Communiites Fund HAF Surr¢y Aciii'e 5,500 IIR.0641 5,500 18,06 416 18,065 112.9811 416 s,9>0 TOTplL FUNDS 85.640 136,4251 49.215 Nct movemEnt in fijnds, includcd in the above are 85 folloivs.. Inconiing r¢sources R&4ourc¢s exnded Moi'cmcnl in fund% Urtrc5trictcd funds Gvlleral fund 78,703 1102.1471 121.4441 Restrieted funds Houn810. Re¢ov¢ry Fund Model City Thriving communitic Fund Appr¢niiceships Natioiial Lott¢ry Garficld Il'csion Foundation PIAF.urrCY Aciivc Woodcn Spoon 21.500 2Q999 121.vo 121,499 118,065 11.900 149,951 120,000 110,889 15,0001 5,500 118,0651 1,9Tr0 49,951 10,473 S,ODO 14161 135.823 1148,8041 112.9811 TOTAL FUINDS 214.526 1250,9511 136,4251 Comparatiie5 for moi'emtrtt ]]] fund5 Nel movi'nicnl in fullds Transf¢rs bel]%'een funds Ai 1.4.21 nresiritted fund5 Gencral fund Sport England 36,279 32.314 12.3421 67.575 37.497 29.972 106 67,575 Reslri¢ted funds Hounsloiv Re%pons< MINT Model City inving Communities Fund Apprenticeships 20.460 120.4601 1.049 4.342 19431 11.0491 13,723 18.065 34.183 15.065 TOTAL FL'I%DS 71.680 13.960 85.610 Pag¢ 9 continu¢d...
RE N-GACE NOTES TO THE FINANCIAL STATEIlETS_ eoniiTrued FOR THE I'EAR ENDED 31 I¥IARCH 2023 I IOIIETrlE'T Ill FUNDS- continutd C(Imparaiive nei rnokem¢ni in fund4 included in th¢ above are a5 follows.. Jncominb resourcis Resources expended Moi'cmcni in tunds Unrestrittcd funds GenLral fund Spurt In&iand 176.918 1144,6041 1?.3421 32,314 12,3421 176.918 1146.9461 29,972 ResiriLted funds Ilounsloiv R¢¢ov£ry Fund Houns1o. Response MINT Model City Thtii'ing Communitl¢b Fund ApprenTiceships Nlaiional LotlLry Si Jamrss Place B3nk 24.076 20.460 5,000 124.0761 140.9201 120,4601 1,049 4.342 19431 17.5081 14,5481 ?2.59il I10.0) 3.605 22.595 10.000 97.586 TOTklL FUNDS 274.5U4 1260.5441 13.960 Hvun51oiv Recovery r¢striilL'II fund The Hounslow Recovcry Fund sliowi &bov¢ relaies io a sum T¢c¢ived in re5peci of providing mcnlal health gnd wellbcin support Sc.1ceS ilirough Ihc hiring of B Family Liaison Lead io Hounslow residen1& and at the rKriod end all monies received had beL'n spcllE. Thriving Communiiies- restricied fund The £18,065 on th¢ Thttving Cvmmuniiies Fund r¢seTr¢d broughi fon4.ard h3s now becn r¢leased. ApprenTiceships- restricied fund The apprittii¢¢ships relates ro sums received in ordeT lo employ 3n 51$13n¢ coach and ai the perityj tnd all monies r¢etivcd had bcen spent. Mudtl CirylGcnerniions Active- resiricTcd fund Thi Mo.] Ciiy fund rLlaies to suinb f¢c¢ivid in order io cov¢r a proportion of the sa13ri¢s and other expenses and at (he p¢riod L'iiJ L5.500 has bL'cn carried forward as unhpeni. National Lullery- resiricted fund The National LoiTUry fund relaies 10 sums r¢¢¢ived tn urd¢r lo rol'er a proportion of sulary. ovethead and other expenses end ai the pcriod end all monies received had bctn spenr. WooJ¢rt Spuvn- TeIncted fund Thc Il'oodL'n Spoon fund rilat¢s sums Celed in ord¢r 10 eover a proportion ofsalary. ovLrhead and other expcnscs and at th¢ perityj cnd all Tnonie5 received had b¢¢J) sp¢ni. GarfiLld IV¢%ivn Fvundaiivn re&iricied fund Thc Garfield Iveston FoundAiion fund TclaTes to sums TecLiV¢(t in QTdcr io cover ll proportion uf salary, oveTh¢ad and other cxptnsLs and ai the period ¢nd all monies rcccii-ed had be¢n 5peni. HAF Surrey Activc- resthLied fund ThL HAF SurrLy Aciivc fund rclaies to %uins rkLLli"ed in order to ¢over a pro5M)rtion of 5a13ry. ovLrhL'&d and oiher ¢xp¢ns¢s and ai Lhe pcriod cnd all InoniL'> rcctil'ed had bc¢n sp¢ni. Page 10 eontinued...
RE N-GAGE YOTES TO THE FINAYCIAL STATEMEIN'T8_ Cljntinued FOR THE YEARENDED 31 fvIARCH ZOZI RELATED PAR"I'Y DISCLOSURES Dunng th¥ year the chanty ceIved donations from DoublL R Associaie5 Lid. a Company of which R Roberts 1% boih a direcloT Jnd shCholder. in the amollnt of£4.8(X)1202?: £Nill. INDEPENDENT EXA,IIINER FEE5 ie fees paid to the independent ¢xaininer during the period in fv'spe¢i of their independ¢nl examinaiion and other seTric¢s provided by th¢m arc as fullowg.. 21123 2022 Indcpcndenl examinaiion Othcr Services 1,500 2,300 1.500 2,300 4800 4,800 Pagc 11
RE N-GAGE DETAILED STATF.IIENT OF FINAJN'CIAI. ACTIVITIES FOR THE YEAR ENDED 31 IIARCH 2U23 2023 2022 INCONIF. AND ENDOITrTrIENrs Donations and IcEacies Donation% Grdnis Admi55ions S7A23 14u,924 16.179 168.453 101.4? 4.622 214.526 274,504 Total incoming resourees 214,526 274.504 LXPEIN'DITURE RAising donations and legacles Rdl>ing. funds 8,590 Otljer Course ¢o%ts Faciliiy Cos 10531 22,245 3.76Z 41 J46 496 2U,548 PTallne costs Event cost5 12.190 7.035 78J80 54.818 Support eost5 123,983 6.764 3.469 153.9?5 12,680 Social securiiy Pensions In%urancc Tcliphon¢ Postagt and slalionery Advcrtisinb Sundrics LicinLL' fL'L'S Trai'el and aCCOTnmodation 1.476 270 666 13,585 3,161 3,441 246 22,5(X) ios 154,993 IW.543 Bdnk Lli&igpe& Lyli. paymLni interest 26 27 Informaiioii tcchnology Cvmpuicr Cobts 981 513 Human rewurcL'5 Siaff trainillI7 and conipliance che¢ks 886 348 Coi'ernan£e co51$ ALcountsncy fces Cartied foN'ard 4.800 4.8011 4,8L 4,800 This page does noi form part of th¢ siatuiory fin3n£ial siai¢ments PJge 12
RE N-GAGF. DETAILED STATF.NqFNT OF FINANCIAL ACTI.1T1ES FOR THE YEAR ENDED.11 I%lARCH 2023 2023 2022 Goi'ernance costs Broubhi lonvard L¢¥al fec5 Other profession31 scrviees 4.800 4.800 35 460 2,320 7.120 5295 Totsl r¢sourccs expcnded 250.951 260.544 'ei IcXpCditUrYIntOrnC 136.4241 13.960 This paEC does not part ofihe Statutory fin2n¢ial siaiemenis Page 13
Private & Confidential
RE N-Gage Staines RFC The Reeves Snakey Lane Feltham TW13 7NB
Ref: JB/PROJ001
26[th ] February 2024
Dear Sirs
Re: Independent Examiners letter to management
The purpose of this letter is to set out certain matters that came to our attention during the course of our examination of the financial statements for the year ended 31 March 2023.
Our objective is to use our knowledge of the charity gained during our routine work to make useful comments and suggestions for you to consider.
This letter is designed to include recommendations that may help improve performance and avoid weaknesses that could lead to material loss or misstatement. It is your obligation to take the actions needed to remedy those weaknesses and should you fail to do so we shall not be held responsible if loss or misstatement occurs as a result.
Weaknesses in the accounting and internal control systems
1) Accounting records
We noted that the company’s accounting records held on QuickBooks have only been written up on an annual basis in order for the year end financial statements to be prepared. We do not regard this as sufficient as the rules require “adequate accounting records” to be maintained, and accounts prepared once a year would not normally satisfy the requirement of Section 130 of the Charities Act 2011.
Preparing accounts on an annual basis does not allow the charity to have up to date statements of its financial position at any point in time, which is what is required. It is also considered a financial risk to the charity as it increases the possibility of material error and/or the possibility of fraud. It also leads to a delay in the preparation of the year end financial information.
2) Bank reconciliations
As part of our year end work we noticed that certain transactions in the accounting system had been duplicated as part of the download of bank statements. This emphasises our comments above in relation to the accounting system and would have led to errors without proper investigation.
Jonathan Addison FCA Julian Brigstocke FCA Andrew Harker FCCA Robert Lomas
5 – 9 Eden Street, Kingston upon Thames, Surrey KT1 1BQ Telephone 020 8247 4480 Facsimile 020 8247 4481
Email: mail@collardpartners.com www.collardpartners.com
Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales
3) Payroll records
We noted that during the year and carried on subsequent to the year end, errors in payroll reporting regarding dates and submissions to HMRC and the pension providers. As a result significant liabilities have built up to both organisations.
As an employer you are required to file a monthly return of the deductions made and payments made to employees and by not filing them you leave yourself open to incurring penalties from HMRC. HMRC will also charge interest on the late payment of PAYE/NI.
This letter is provided on the basis that it is for the information of trustees and management of the charity; that it will not be quoted or referred to, in whole or in part, without our prior written consent; and that we will accept no responsibility to any third party in relation to it.
May we take this opportunity of thanking you and your staff for the assistance received and cooperation during the conduct of our examination.
Yours faithfully
Collards