**Charity registration number 1191644**
## **THE RENEGADES**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022**
## **THE RENEGADES**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|M Butler|(Appointed 7 September 2022)|
|---|---|---|
||C Given|(Appointed 12 April 2023)|
||A Cash|(Appointed 12 April 2023)|
||M Braithwaite|(Appointed 7 September 2022)|
||D Dixon||
||G Miller||
||V Miller||
|**Charity number**|1191644||
|**Principal address**|Malham Lodge||
||Roundstreet Common||
||Billingshurst||
||West Sussex||
||RH14 0AN||
|**Independent examiner**|Richard Place Dobson Services Limited||
||Ground Floor||
||1 - 7 Station Road||
||Crawley||
||West Sussex||
||RH10 1HT||
## **THE RENEGADES**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6 - 13|
## **THE RENEGADES**
## **TRUSTEES' REPORT**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
The trustees present their annual report and financial statements for the Period ended 31 August 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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).
## **Objectives and activities**
The objectives of The Renegades are to advance in life and relieve the needs to young people up to the age of 18 through:
- The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions in life.
- Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
## **The Purpose of The Renegades**
The Renegades exists to actively engage and support young people aged 10-18 in their personal development, empowering them to make a positive contribution to society. Our mission is to deliver the most creative, inspirational and child-focused youth group in the UK.
## **The Values of Renegades**
As Renegades we are guided by these values: **Young people first:** They are at the heart of everything we do.
**Everyone counts:** We are inclusive and mutually respectful, honest and loyal.
**We listen:** The club operates from the bottom up, not the top down so that the children have a voice in everything we do. **Inspirational leadership:** We have the courage to constantly innovate.
## **The children members:**
- enjoy what they are doing and have fun
- take part in activities indoors and outdoors.
- learn by doing
- take responsibility and make choices
- undertake new and challenging activities
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
During the financial period the renegades has gone from 40 to over 70 registered members. Due to the increase in members the trustees took the decision to increase the number of nights from two nights a week to 4 nights and 1 day a week of activities.
The club has started to provide canoeing year round once to twice a week 50 weeks a year.
During the financial period the club has achieved the following activities:
1. 6 sleep over food and film nights
2. 3 camping weekends
3. 5 beach days
4. Begun training 30 children’s o become archery instructors
5. started film and photography club once a week
6. Has begun training all our kids to properly manage and safely canoe
7. Has begun a defib program
8. Has visited 8 museums and galleries
## **Financial review**
During the financial period to 31 August 2022 the charity made a surplus of £19,103 (year to 14 July 2022: £3,210).
page 1
## **THE RENEGADES**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
The charity's policy on reserves is to hold sufficient resources to continue the charitable activities of the club should income and fundraising activities fall short.
## **Structure, governance and management**
The Renegades is a CIO established under it's rules as published on the website https://www.renegadesyc.org/.
The trustees who served during the Period and up to the date of signature of the financial statements were:
M Butler (Appointed 7 September 2022) C Given (Appointed 12 April 2023) A Cash (Appointed 12 April 2023) M Braithwaite (Appointed 7 September 2022) D Dixon G Miller V Miller
The Renegades is managed overall by the Executive Committee, the members of which are 4 of the trustees. As charity trustees they are responsible for complying with legislation applicable to charities. This includes the registration, keeping proper accounts and making returns to the Charity Commission as appropriate.
Three of the trustees also fulfil the roles of Chair, Treasurer and Secretary. The fourth is the Youth Club Leader. In addition, the Committee is always joined by up to 3 independent representatives (parent volunteers) who take on the day to day responsibility for specific areas, such as safeguarding. The committee meets every two months.
The trustees' report was approved by the Board of Trustees.
.............................. .............................. D Dixon G Miller **Trustee Trustee** Date: .............................................
page 2
## **THE RENEGADES**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE RENEGADES**
I report to the trustees on my examination of the financial statements of The Renegades (the charity) for the Period ended 31 August 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no 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 charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statements to be reached.
## **Richard Place Dobson Services Limited**
Ground Floor 1 - 7 Station Road Crawley West Sussex RH10 1HT
Dated: .........................
page 3
## **THE RENEGADES**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
4,405
41,417
Other trading activities
**4**
4,345
-
Other income
**5**
-
-
**Total income**
8,750
41,417
**Expenditure on:**
Raising funds
**6**
4,949
-
Charitable activities
**7**
10,688
15,427
**Total expenditure**
15,637
15,427
**Net (outgoing)/incoming**
**resources before transfers**
(6,887)
25,990
Gross transfers
between funds
25,990
(25,990)
**Net income for the Period/**
**Net movement in funds**
19,103
-
Fund balances at 14 July 2021
3,210
-
**Fund balances at 31 August**
**2022**
22,313
-|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
45,822
2,472
16,443
4,345
2,509
-
-
593
-
50,167
5,574
16,443
4,949
1,450
-
26,115
914
16,443
31,064
2,364
16,443
19,103
3,210
-
-
-
-
19,103
3,210
-
3,210
-
-
22,313
3,210
-|**Total**
**2021**
**£**
18,915
2,509
593|
|---|---|---|
|||22,017|
|||1,450|
|||17,357|
|||18,807|
|||3,210
-|
|||3,210
-|
|||3,210|
The statement of financial activities includes all gains and losses recognised in the Period.
All income and expenditure derive from continuing activities.
page 4
## **THE RENEGADES**
## **BALANCE SHEET**
## _**AS AT 31 AUGUST 2022**_
|**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one**
**year**
**14**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds
The financial statements were approved by the Trustees on ................
..............................
................
D Dixon
G Miller
**Trustee**
**Trustee**|**2022**
**£**
6,724
(5,782)
.........
..............|**£**
21,371
942
22,313
22,313
22,313|**2021**
**£**
4,550
(1,340)|**£**
-
3,210|
|---|---|---|---|---|
|||||3,210|
|||||3,210|
|||||3,210|
||||||
page 5
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
## **1 Accounting policies**
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
page 6
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
page 7
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**£**
**£**
Donations and gifts
2,405
-
Grants
2,000
41,417
4,405
41,417|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
2,405
1,372
2,598
43,417
1,100
13,845
45,822
2,472
16,443|**Total**
**2021**
**£**
3,970
14,945|
|---|---|---|
|||18,915|
## **4 Other trading activities**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2022**|**2021**|
||**£**|**£**|
|Membership subscriptions|4,345|2,509|
|**Other income**|||
||**Total**|**Unrestricted**|
|||**funds**|
||**2022**|**2021**|
||**£**|**£**|
|Other similar income|-|593|
## **5 Other income**
page 8
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
## **6 Raising funds**
|**7**|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2022**
**2021**
**£**
**£**
Fundraising and publicity
Other fundraising costs
4,949
1,450
4,949
1,450
**Charitable activities**|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2022**
**2021**
**£**
**£**
Fundraising and publicity
Other fundraising costs
4,949
1,450
4,949
1,450
**Charitable activities**|
|---|---|---|
|||1,450|
||||
||**Youth club**|**Youth club**|
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Depreciation and impairment|4,392|-|
|Youth club activities|4,931|2,214|
|Adult support and training|2,145|95|
|Rent/facilities charges|490|150|
|Insurance|929|435|
|Repairs and renewals|-|320|
|Materials and small equipment|11,354|5,811|
|Technology/systems charges|20|311|
|Asset and investment purchases >£500|-|8,021|
||24,261|17,357|
|Share of support costs (see note 8)|40|-|
|Share of governance costs (see note 8)|1,814|-|
||26,115|17,357|
|**Analysis by fund**|||
|Unrestricted funds|10,688|914|
|Restricted funds|15,427|16,443|
||26,115|17,357|
page 9
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
## **8 Support costs**
|**Support costs**
**Governance**
**costs**
**£**
**£**
Travelling costs
40
-
Audit fees
-
1,800
Legal and professional
-
14
40
1,814
Analysed between
Charitable activities
40
1,814|**2022**
**£**
40
1,800
14|
|---|---|
||1,854|
||1,854|
Governance costs includes payments to the independent examiners of £1,800 (2021- £Nil) or independent examination fees.
## **9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the Period.
## **10 Employees**
The average monthly number of employees during the Period was:
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|
There were no employees whose annual remuneration was more than £60,000.
## **11 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
page 10
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
|**12**
**Tangible fixed assets**
**Cost**
Additions
At 31 August 2022
**Depreciation and impairment**
Depreciation charged in the Period
At 31 August 2022
**Carrying amount**
At 31 August 2022
**13**
**Loans and overdrafts**
Loans from related parties
Payable within one year
**14**
**Creditors: amounts falling due within one year**
**Notes**
Borrowings
Deferred income
**15**
Accruals
**15**
**Deferred income**
Other deferred income|**Plant and equipment**
**£**
25,763
25,763
4,392
4,392
21,371
**2022**
**2021**
**£**
**£**
-
1,340
-
1,340
**2022**
**2021**
**£**
**£**
-
1,340
3,982
-
1,800
-
5,782
1,340
**2022**
**2021**
**£**
**£**
3,982
-|**Plant and equipment**
**£**
25,763
25,763
4,392
4,392
21,371
**2022**
**2021**
**£**
**£**
-
1,340
-
1,340
**2022**
**2021**
**£**
**£**
-
1,340
3,982
-
1,800
-
5,782
1,340
**2022**
**2021**
**£**
**£**
3,982
-|
|---|---|---|
|||25,763|
|||4,392|
|||4,392|
|||21,371|
|||**2021**
**£**
1,340|
|||1,340|
|||**2021**
**£**
1,340
-
-|
|||1,340|
|||**2021**
**£**
-|
Deferred income is included in the financial statements as follows:
page 11
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
|**15**
**Deferred income**
Deferred income is included within:
Current liabilities
Movements in the Period:
Deferred income at 14 July 2021
Resources deferred in the Period
Deferred income at 31 August 2022|**(Continued)**
**2022**
**2021**
**£**
**£**
3,982
-
-
-
3,982
-
3,982
-|**(Continued)**
**2022**
**2021**
**£**
**£**
3,982
-
-
-
3,982
-
3,982
-|
|---|---|---|
|||-
-|
|||-|
page 12
## **THE RENEGADES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE PERIOD ENDED 31 AUGUST 2022**_
## **16 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
||**Movement in funds**|**Movement in funds**|||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|---|---|---|
||**Incoming**|**Resources**||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|
||**resources**|**expended**||**14 July 2021**|**resources**|**expended**||**31 August 2022**|
||**£**||**£**|**£**|**£**|**£**|**£**|**£**|
|Sussex|||||||||
|Community|||||||||
|Foundation|-||-|-|5,000|(5,000)|-|-|
|Sussex|||||||||
|Community|||||||||
|Fund 2021|-||-|-|3,280|(3,280)|-|-|
|National|||||||||
|Lottery Food|||||||||
|Fund|-||-|-|2,262|(2,262)|-|-|
|Postcode|||||||||
|Lottery Canoe|||||||||
|Fund|-||-|-|19,789|(804)|(18,985)|-|
|National|||||||||
|Lottery Laser|||||||||
|Tag Fund|-||-|-|9,864|(2,859)|(7,005)|-|
|Sussex Local|||||||||
|Community|||||||||
|Jubilee Fund|-||-|-|1,222|(1,222)|-|-|
|Restricted|||||||||
|funds|16,443|(16,443)||-|-|-|-|-|
||16,443|(16,443)||-|41,417|(15,427)|(25,990)|-|
Sussex Community Foundation - this grant was to cover core costs of the charity.
Sussex Community Fund 2021 Grant - this was for Covid support.
National Lottery Food Fund - this was funding for food activities and picnics for children.
Postcode Lotter Fund - this was to purchase Canoes for the charity to use. The Canoes were capitalised so the spend is represented by a transfer to unrestricted funds.
National Lottery Fund - this was to purchase Lazer Tag equipment for the charity. The equipment was capitalised so the purchase is represented by a transfer to unrestricted funds.
Sussex Local Community Jubilee Fund - this was for a jubilee arts project.
## **17 Related party transactions**
There were no disclosable related party transactions during the Period (2021 - none).
page 13