Charfty reglstratlon number 1191644 THE RENEGADES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUS[ 2023
THE RENEGADES LEGAL AND ADMINISTRATIVE INFORMATION Trustees M Butler C Given A Cash M Braithwaite D Dixon J Steyne G Miller V Miller (Appointed 7 September 20221 (Appointed 12 April 20231 (Appointed 12 April 20231 (Appointed 7 September 20221 (Resigned 18 June 20231 (Appointed 7 September 20231 Charity number 1191644 Principal address Malham Lodge Roundstreet Common Billingshurst West Sussex RH14 OA Independent examiner Mr S Hicks Horamore Cottage 8 Pulborough Road Storrington West Sussex RH20 4HJ
THE RENEGADES CONTENTS Page Trustees. report Independent examiner's report Statement of financial activities Balan sheet Notes to the financial statements 6-13
THE RENEGADES TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2023 The trustees present their annual report and financial statements for the Period ended 31 August 2023. The financial statements have been prepared in accordance wtth the accounting policies set out in note I to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities- Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicabbe in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. Objertlves and artivities The objectives of The Renegades are to advance in lrfe 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 lrfe. 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 deliverthe 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 50 that the children have a voice in everything we do. Inspirnlional leadership: We have the courage to constantly innovate. The children members: enjoy what they are doing and have fun take part in artivities indoors and outdoors. learn by doing, taking responsibility and making choices undertake new and challenging artivrties The trustees have paid due regard to guidance issued by the Charty Commission in deciding what activities the charity should undertake. Achievements and performance During the financial period The Renegades has gone from 70 to over 110 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 I day a week of activities. As membership has irbcrea5ed a larger venue wth better frdciltties has been secured which has enabled The Renegades to offer a rnore diverse programme of activities including a weekly cook night and art session5. The club has started to provide canoeing year-round once to twice a week So weeks a year. From January 2023. The Renegades becarne free to all members. page I
THE RENEGADES TRusfEES' REPORT (CONTINUED) FOR ThE YEAR ENDED 31 AUGusf 2023 During the financial period the club has achieved the following activities= l. Six sleepover food and film nights 2. One camping weekend 3. Five beach days 4. BegLFn trainillg 25 children to become archery instrurtors 5. Continued film and photography club and increased sessions to 2 days a week 6. Continued training all our kids to properly manage and safely canoe, with at least one weekEy session in winter and two weekly sessions in summer 7. Has a very active defibrillator program 8. Has visited 6 museums and galleries 9. Has doubled The Renegades membership 10. Now has a program of promoting young youth workers from within our organization 11. Introduced a new actNity of drone flying which is an option on every club night Financial review During the financial year to 31 August 2023 the charity made a surplus of £12.027 (financial period to 14July 2022- £19,1031. 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 websTte https-/lvMw.renegadesyc.orpJ. The trustees who served during the year and up to the date of signature of the financial statements were: M Butler IAppointed 7 September 20221 D Dixon (Resigned 18 July 20231 CGiven IAppointed 12 April 20231 J Steyne (Appointed 7 September 231 A Cash (Appointed 12 April 20231 G Miller M Braithwaite (Appointed 7 September 20221 V Miller The Renegades is managed over311 by the Executive Committee, the Tnembers of which are 4 of the trustees. As charity trustees they are responsible for complying with legislation applicable to chartties. This includes the registration, keeping proper accounts and making returns to the Charity Commission as appropriate. Three of the trustees also futfil 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 safeguardin& The committee meets every two months. The truste report roved by the Board of Trustees. ultee Trustee Date: page 2
THE RENEGADES INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF THE RENEGADES I report to the trustee5 On my examination of the finanaal statements of The Renegades (the charity) for the Period ended 31 August 2023. RÈspon5ibilities 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 Ithe 2011 Act}. I report in respett of my examination of the chariws financial statements carried out under settion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's statement Your attention is drawn to the fact that the charity has prepared financial statements in accordance wtth Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on l April 21K)5 which is referred to in the extant regulations but h35 now been withdrawn. l understand that this has been done in order for finanaal statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after I 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- l 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 wtth 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 8nd fair view which is not a Matter considered as part of an independent examlnation. I have no conterns and have come acr055 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. Mrs Hicks Horamore Cottage 8 Pulborough Road Storrington West Sussex RH204HJ Dated-. ' i/g< page 3
THE RENEGADES STATEMENT OF FINANCIAL ACTIVTfiES INaUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2013 Urffestrlcted Restricted fund TO Unrestrirted Re5tsitted fisnd fund fd Totsl fund Note: Income and endonts fmm: DonatlOll5 and legaoes Othertrading activities Other income 31,316 1.434 39) 4,405 4,345 41,417 45,822 4,345 L434 Totsl intome 32.7 313X) &ThJ 41,417 50,167 Ex enditure on: Raising funds 6,270 270 4,919 4949 Charitsble artivities 24.915 15,427 26,115 Totsl e¥penditure 24,915 15,637 15,427 31,CÉ4 Net loUt8n8)fIn¢OMln resour$ before trdn5FÈ 42 7.435 027 16,887) 19,103 Grosstransfets between funds IZ5,99)) Net income forPerfodl Net movement In funds 4.592 11027 19.103 19,103 Fund balances at 31 August 2022 a313 21313 3.210 3210 Fund balan at 31Au8USt X)23 7.435 34.3tN) 21313 22,313 The statement of the finan¢tal activities indudes all 1n5 and10sses recoBnised inthe Period. l income and expenditure derive from continuing*ivitr"e5. page 4
THE RENEGADES BALANCE SHEET AS AT31 AUGUST 2023 2023 2022 Notes Flxed assets Tangible a55ets 28,557 21,371 Current assets Cash at bank and in hand 10.783 6,724 CreditO- amounts falling due wtthin one year 13 15,OCKJI 15,7821 Net current assets 5,783 942 Total a55ets le55 current liabilities 34,340 22,313 Income funds Unresticted funds Restricted funds 26,905 7,435 34,340 22,313 22.313 The financial statements were approved by the trustees on 2025 Mille Trust M Butler Trustee page S
THE RENEGADES NOTES TO THE FINANCIAL 5fATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 l Accounting policies 1.1 Accountlnz conventiort The financial statements have been prepared in accordance with the chartty's constitution. the Charities Act 2011, FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" I"FRS 102,1 and the Charities SORP "Accounting and Reporting by Chartties.. 5tstement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021" leffectNe l January 20191. 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 notto prepare a Statement of Cash Flows. The finarkcial 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 Recomrnended Practice for charwties applying FRS 102 rather than the version of the Statement of Recomrnended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterlin& which is the functional currenry of the charity. Monetary amounts in these f14)ancial statements are rounded to the nearest £. The finantial statements have been prepared under the historical c05t 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 3$Onable expectstion thatthe charity has adequate resoLJrces 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 subjett 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 receNed. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation. unless perforniance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deed5 of covenant is recognised at the time of the donation. 1.5 Expenditure Expenditure is recognised once there 15 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 activtty. The tosts of each attivity 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 attivity are allocated directly to that activity. Shared costs which contribute to more than one activity and SUPF)Ort 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 bas15 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 YEAR ENDED 31 AVGUST 2023 l Accounting policies (Continued) 1.6 Tanglble fixed assets Tangible fixed assets are initialEy measured at C05t and subsequently measured at tost or valuation, net of depreciatton and any impaiment losses. Depreciation is recognised so asto write off the cost or valuation of assets less their residual values overtheir useful live5 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 arnounts of its tangible assets to deterrnine 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 lif 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 overdraft5 are shown within borrowinES in current liabilities. Bu5icfinancial assets Basicfinancial assets, which include debtors and cash and bank balances, are initially measured at trBnsaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arfangement constttutes 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. Basicfinancial 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 rète of interest. Financial liabilities classified ès 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 seNices 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 c05t using the effertive Interest method. Derecognition oAfinanrial liabilities Financial liabilities are derecognised when the charitys contrattual obligations expire or are discharged or cancelled. page 7
THE RENEGADES NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 2 Critical accounting estimates and judgernents In the application of the chariWs 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 undertying 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 afferts 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 Unrestrfcted Restrlcted Totsl funds funds Unrestrfrted Restricted Total funds funds 2023 2023 2023 2022 2022 2022 Donation5 and gifts Grants 2,724 2.724 32 350 60 942 2.405 2,405 41417 43 417 4 Othertrading activities unstTicted funds Unrestrkted funds 2023 2022 Membership subscriptions 5 Other Incorne Unrestricted Funds Unrestricted furK15 2023 2022 Othei similar income page 8
THE RENEGADES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Rai5ingfunds Unrestricted funds Unrestricted funds 2023 2022 Fundraisin and ublici Other fundraising costs Charitable activites Youth dub 2023 Youth club 2022 Depreciation and impairment Youth club attivities Youth club member transport Adult support and training Rent/faciltties charges Insurance Repairs and renewals Materials and small equipment Technology/systems charges Asset and investment purchases >£%XI 8,237 22,844 4,392 4,931 2,940 1,188 849 226 7.401 1,778 2.145 929 11,354 20 Share of support costs (see note 81 Share of governance costs (see note 81 460 40 Analysis by fund Unrestricted funds Restricted funds 21.888 10,688 page 9
THE RENEGADES NOTES TO THE FINANCIAL sfATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2023 8 support costs Support costs Governance 2023 Costs 2022 Costs Travelling costs Audit fees 4EI) 1,800 Legal and professional 14 460 460 Analysed between Charitable activities Governance costs includes payments to the independent examiners of ENil12022- £1,800) or independent examination fees. 9 Trustees One trustee received a remuneration during the year for the role of Youth Leader Ino other trustees or any persons connected with them} received any remuneration or benefits from the charity during the year. 2023 2022 Trustee remuneration Trustee expenses 15,934 280 10 Employees The average monthly number of ernployees during the PerM)d was: 2023 2022 Number Number Total There were no employees whose annual remuneration was more than £60,0(KI. 11 Taxation The charity is exempt from tax on income and gains falling within section 505 of the Taxes Art 1988 or section 252 of theTaxation of Chargeable Gains Act 1992 tothe extentthat these are applied to its charitable objects. page 10
THE RENEGADES NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 Tanglble fixed assets Plant and equipment Cost Fixed Assets carrled forward a5 at 31 August 2022 25,763 Additions in the year to 31 August 2023 Cost as at 31 August 2023 De redation and im airment Depreciation carried forward at 31 August 2022 4,392 Depreciation charged in the year to 31 August 2023 Depreciation as at 31 August 2023 Carrying amount as at 31 August 2023 13 Credltor5: amounts falling due within one year 2023 2022 Deferred income Accruals 14 3,982 14 Deferred income 2023 2022 Other deferred income 3,982 Deferred income is included in the financial ststements as follows.. Deferred income is induded within- Current liabilrties Movements in the Yearlperiod: Deferred income brought forward Resources deferred in the Year/Period Resources released in the Period 3.982 13,9821 13.9821 Deferred income carried forward at 31 August page 11
THE RENEGADES NOTESTO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AIJGusf2023 15 Restricted funds Thè intome funds of the charity include restricted funds comprisin8 the following unexpended balances of donations and grants hdd on trust for specific purposes- Movemeftt In funds Movement In funds Incomlng Resour5 Twthrs Balano at Komkn8 Resour$ Transfer5 BHlano at resour5 expended 31 August resour$ •xwnded 31 August 2022 2023 Sussex Community Foundation 5.000 15.000) 7,844 I744} Sussex Police & Cri me Commlsstoner 4.724 14.5661 158 Awards for 7.800 11.5601 6,240 Ernst Kleinwort CharitsbleTrust 4.000 11.9581 2.042 Chalk Clsff Char¢tsble Trust 4.000 11.9581 2,042 Jubilee Fund Restricted 1.222 11.2221 3.982 13.3251 657 Sussex Cornmunity Fund 2021 3.280 13,280} National Lottery Food Fund 2.262 12,2621 Postcode Lottefy Canoe Fund 19.789 1804} 118,9851 National Lottery Laser Tag Furbd 964 12,8591 17.0051 Chalk Cliff CharStable Trust 1.222 11.2221 Total RestrlLted Funds 42,639 16.649 125.990 32.350 17.886 3,3251 11,139 page 12
THE RENEGADES NOTES TO THE FINANCIAL STATEMENTS {coKnNUED) FOR THE YEAR ENDED 31 AUGUST 2023 15 Restrlcted fund5 {continuedl Sussex Community Foundation- thts grant was to cover core costs for the charity plus archery and paddleboard equipment. Sussex Police & Crime Commissioner- this was for Youth Worker wages and admin costs National Lottery Awards ft*r All-this covered staffing costs and transportation Ernst Kleinwort Charftable Tn-thiS covered Youth Worker salary costs and support Chalk Cliff Charitable Trust- this covered the c05t of a Youth Worker one day a week 16 Related party transactlons One of the Trustees received remuneration and expenses during the year relating to role of running and leading the youth dub actNltie5 during the year. See Note 912022 - none). page 13