## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** Fresh Start Futures Enterprises Limited **On accounts for the year** 30[th] September 2023 **Charity no** 1191533 **ended (if any) Set out on pages** 1 to 10
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/09/2023.
**Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Date:** 30/09/24
**Signed: Name:** Paren M Shah **Relevant professional** FCCA **qualification(s) or body (if any): Address:** 15 Mount Road New Barnet London N12 9RL
1
**October 2018**
**IER**
**Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**October 2018**
**IER**
## **Fresh Start Future Enterprises Annual Report**
## **1. Introduction**
Fresh Start Future Enterprises is dedicated to rehabilitating and reintegrating ex-offenders by providing tailored support to address housing, education, employment, and mental health needs. This report outlines the charity’s activities, achievements, and financial standing for the year ending 2024.
- **Charity Registration Number** : 1191533
- **Charity Address** : 60-62 Pitt Street, Norwich, NR3 1DF
- **Website** : www.fsfe.co.uk
## **2. Trustees and Leadership**
Our board of trustees is composed of Five experienced professionals, each contributing a unique blend of expertise in governance, criminal justice, human resources, and business management.
All trustees were actively involved throughout the year in overseeing the charity's activities, attending regular meetings, and making key decisions regarding strategy and operations.
## **3. Charitable Objectives**
**Charitable Objects** : The charity’s primary mission is to promote the rehabilitation and resettlement of ex-offenders through education, mentoring, and holistic support.
**Vision** : To empower individuals leaving the criminal justice system to lead productive, crime-free lives,
fostering safer communities.
**Mission** : Reduce recidivism rates and increase community integration through targeted, traumainformed interventions.
## **4. Activities, Achievements, and Performance**
## **Summary of Activities** :
Since September 2020, Fresh Start Future Enterprises has provided wrap-around support to over 400 clients across Norfolk, Suffolk, Essex, and Cambridgeshire. The key areas of support include housing advocacy, employment training, mental health services, and addiction recovery programs.
- **Achievements in 2024** :
- Supported over **237 individuals** in the last 12 months, providing crucial services in housing, employment, and substance misuse recovery.
- Achieved an **87% reduction in recidivism** among our service users.
- Delivered **358 interventions** across various needs, including 112 housing interventions, 96 employment advocacy cases, and engagement in mental health and substance recovery services.
## **Case Study – Michael’s Journey**
Michael, a 52-year-old, faced decades of substance abuse and mental health challenges upon release from prison. Fresh Start supported him through the initial housing crisis, secured a place in a rehabilitation program, and provided ongoing employment advocacy. Today, Michael is employed fulltime, reunited with his family, and living a stable life.
## **Case Study – John's Story**
John, a former offender with a history of addiction, entered Fresh Start’s support system after being released. With our help, John accessed rehabilitation services, re-entered the workforce, and transformed his life. His success exemplifies how targeted support can create lasting change.
## **5. Public Benefit Statement**
Fresh Start Future Enterprises complies with the Charity Commission’s guidelines for public benefit. Our services are freely available to ex-offenders and those involved in the criminal justice system, ensuring they can reintegrate into society and become law-abiding citizens. By reducing reoffending, our charity helps to improve public safety and reduce the burden on the criminal justice system, contributing to wider societal well-being.
## **6. Financial Review**
## **Income** :
The charity generated an income of **£135,456** during the financial year, mainly through a mixture of grants and contracts from local councils, charitable donations, and criminal justice services.
## **Expenditure** :
The total expenditure amounted to **£151,386** , which was allocated towards client support services, administrative costs, and program delivery.
## **Reserves Policy** :
The trustees established a reserves policy of 1 months operational cots, this was changed from 3 months by the board of trustees due to the cost of living crisis.
## **7. Risk Management**
The trustees have conducted a thorough risk assessment and identified key risks in the areas of funding, service demand, and operational challenges. To mitigate these risks, we have diversified our income streams by applying for additional grants and securing corporate partnerships. Additionally, we have strengthened our internal monitoring systems to ensure efficient service delivery and risk management.
## **8. Plans for Future Periods**
Looking ahead, Fresh Start Future Enterprises plans to expand its reach into new regions and enhance its services in response to growing demand. Our primary objectives include:
- **Expanding Service Areas** : We aim to extend our services to additional regions in the South East.
- **Increased Capacity** : We plan to recruit additional case workers and volunteers to meet the growing demand for support.
- **New Partnerships** : Strengthening collaborations with local authorities, businesses, and educational institutions to provide holistic support.
- **Innovative Workshops** : Launching a series of behavioural and cognitive workshops designed to help ex-offenders break the cycle of reoffending.
## **9. Key Metrics and Successes**
- **Housing Advocacy** : 112 interventions, reducing waiting times for secure housing by 6 months.
- **Employment Advocacy** : 96 interventions, with post-release employment rates increased to 42% (national average is 17%).
- **Mental Health** : 68% of clients were connected to mental health services (national average is 39%).
- **Substance Abuse Advocacy** : 60% of clients actively engaged in recovery programs.
## **10. Collaborations and Partnerships**
Fresh Start Future Enterprises has built strong partnerships with key organisations to maximize our impact:
- **HMP Norwich** : Joint programs to support offenders pre- and post-release.
- **Local Housing Authorities** : Fast-tracking housing applications and resolving homelessness for our clients.
- **Rehabilitation Services** : Facilitating placements in drug and alcohol treatment programs.
## **11. Volunteer and Community Engagement**
Volunteers have been integral to Fresh Start’s success, contributing over **1,000 hours** of service this year. They have supported everything from administration and mentoring to running community events that raise awareness and funding.
Our community engagement initiatives have been well received, allowing us to connect with more local businesses and individuals who are eager to support our mission through donations or volunteering.
## **12. Testimonials**
_“Fresh Start gave me a second chance. I was on the verge of losing everything, but they helped me get back on my feet.”_ – Client B.
_“The support we received from Fresh Start was incredible. Their dedication to reducing reoffending is truly making a difference in the community.”_ – Stakeholder, HMP Chelmsford.
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
**Company Registration No. 12371507 (England and Wales)**
**FRESH START FUTURE ENTERPRISES LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Company information|3|
|Directors' report|4|
|Accountants' report|5|
|Income statement|6|
|Statement of financial position|7|
|Notes to the accounts|8|
|Detailed profit and loss account|10|
- 2 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **Directors**
**Company Number**
**Registered Office**
Cathryn Grint Charlotte James Saziya Mirza Kerry Norman 12371507 (England and Wales)
60-62 Unit 20 & 21 Pitt Street Norwich NR3 1DF England
- 3 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED (COMPANY NO: 12371507 ENGLAND AND WALES) DIRECTORS' REPORT**
The directors present their report and accounts for the year ended 30 September 2023.
## **Directors**
The following directors held office during the whole of the period:
Cathryn Grint Saziya Mirza Kerry Norman
Charlotte James was appointed on 30 September 2023.
## **Statement of directors' responsibilities**
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Cathryn Grint Director
Approved by the board on: 16 September 2024
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Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF FRESH START FUTURE ENTERPRISES LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2023**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fresh Start Future Enterprises Limited for the year ended 30 September 2023 as set out on pages 6 - 9 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants
16 September 2024
- 5 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2023**
|**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating (loss)/profit**
Interest receivable and similar income
Interest payable and similar charges
**(Loss)/profit on ordinary activities before taxation**
Tax on (loss)/profit on ordinary activities
**(Loss)/profit for the financial year**|**2023**
**£**
135,447
-
135,447
(151,028)
(15,581)
9
(358)
(15,930)
-
(15,930)|**2022**
**£**
114,987
(66,484)|
|---|---|---|
|||48,503
-|
|||48,503
-
-|
|||48,503
-|
|||48,503|
- 6 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2023**
|**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Creditors: amounts falling due within one year**
6
**Net current (liabilities)/assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
7
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2023**
**£**
43,651
8,521
7,068
15,589
(17,784)
(2,195)
41,456
(11,724)
29,732
29,732
29,732|**2022**
**£**
9,033
-
46,087|
|---|---|---|
|||46,087
(3,244)|
|||42,843|
|||51,876
-|
|||51,876|
|||51,876|
|||51,876|
For the year ending 30 September 2023 the 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 company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors 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 in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by
Cathryn Grint Director
Company Registration No. 12371507
- 7 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **1 Statutory information**
Fresh Start Future Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 12371507. The registered office is 60-62 Unit 20 & 21, Pitt Street, Norwich, NR3 1DF, England.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
|Plant & machinery
25% SLM
Motor vehicles
25% SLM
Computer equipment
25% SLM
**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 October 2022
Additions
At 30 September 2023
**Depreciation**
At 1 October 2022
Charge for the year
At 30 September 2023
**Net book value**
At 30 September 2023
At 30 September 2022
**5**
**Debtors**
**Amounts falling due within one year**
Accrued income and prepayments|**Plant &**
**machinery**
**£**
At cost
8,765
4,302
13,067
2,957
2,785
5,742
7,325
5,808|**Motor**
**vehicles**
**£**
At cost
4,300
36,470
40,770
1,075
9,255
10,330
30,440
3,225|**Computer**
**equipment**
**£**
At cost
-
6,570
6,570
-
684
684
5,886
-
**2023**
**£**
8,521|**Total**
**£**
13,065
47,342|
|---|---|---|---|---|
|||||60,407|
|||||4,032
12,724|
|||||16,756|
|||||43,651|
|||||9,033|
|||||**2022**
**£**
-|
- 8 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **6 Creditors: amounts falling due within one year**
||||
|---|---|---|
|**Creditors: amounts falling due within one year**
Bank loans and overdrafts
Obligations under finance leases and hire purchase contracts
Trade creditors
Taxes and social security
Other creditors
**Creditors: amounts falling due after more than one year**
Bank loans|**2023**
**£**
1,687
20,264
5,709
10,399
(20,275)
17,784
**2023**
**£**
11,724|**2022**
**£**
-
-
-
-
3,244|
|||3,244|
|||**2022**
**£**
-|
## **7 Creditors: amounts falling due after more than one year**
## **8 Average number of employees**
During the year the average number of employees was 0 (2022: 0).
- 9 -
Docusign Envelope ID: 8826744F-657C-49E9-8D39-C0D722A26516
## **FRESH START FUTURE ENTERPRISES LIMITED DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023**
This schedule does not form part of the statutory accounts.
|**Turnover**
Sales
**Cost of sales**
Purchases
Other direct costs
**Gross profit**
**Administrative expenses**
Wages and salaries
Employer's NI
Temporary staff and recruitment
Travel and subsistence
Motor expenses
Rent
Light and heat
Telephone and fax
Stationery and printing
Bank charges
Insurance
Software
Repairs and maintenance
Depreciation
Donations
Sundry expenses
Consultancy fees
Advertising and PR
Other legal and professional
**Operating (loss)/profit**
**Interest receivable**
Interest receivable
**Interest payable**
Bank loans and overdrafts
**(Loss)/profit on ordinary activities before taxation**|**2023**
**£**
135,447
-
-
-
135,447
86,381
(372)
350
16,465
1,793
7,680
135
3,378
137
16
4,969
60
1,724
12,725
180
4,388
8,893
1,788
338
151,028
(15,581)
9
358
(15,930)|**2022**
**£**
114,987|
|---|---|---|
|||44,494
21,990|
|||66,484|
|||48,503|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|||-|
|||48,503|
|||-|
|||-|
|||48,503|
- 10 -