Registered Charity No: 1194875
REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
Page number
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1 Legal and administrative information
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2-8 Trustees report
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9 Independent examination report
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10 Statement of financial activities
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11 Statement of financial position
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12-14 Notes forming part of the financial statements
REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Registered office Registered Charity number
Stephanie Ifebueme (Chair) Denis Nturo (Secretary) Vincent Nwali (Treasurer) Commerce House Bridgeman Place BOLTON BL2 1DW
1194875
Banker National Westminster Bank Plc Independent Examiner Olu Alatise AFA MIPA Lagos Accountancy Services UK Gemini House 136-140 Old Shoreham road Brighton BN3 7BD
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT
The trustees presents its report and the unaudited financial statements for the year ended 31st December 2021. The trustees have adopted the provisions of 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 2015).
Constitution and objectives
To develop the capacity and skills of people who are socially and economically disadvantaged, in order to enable them to be better positioned. We act as a resource for women, the elderly and young people, by providing mentoring support, advice, assistance and organizing programmes of physical, educational and other activities. Our main focus includes: general charitable purposes, education/training, disability the prevention or relief of poverty, economic/community development/employment and other charitable purposes.
Key activities and Achievements in the year
COVID-19 CRISIS RESPONSE SUPPORT PROGRAM (CCRSP) : In the year, we operated in Bolton, Bury, Manchester city, Salford city and Wigan. Towards the end of 2020 at the height of the Covid-19 crisis that necessitated government lockdowns and restrictions leading to so many sufferings and hardships in our community especially among the elderly, single mums, and the vulnerable, we began to make consultations on the way forward for these people.
So, in early 2021, we came up with a response with this project COVID-19 CRISIS RESPONSE SUPPORT PROGRAM (CCRSP) in partnership with the National Lottery Award for All. CCRSP was designed to provide camaraderie advice and support for the elderly and vulnerable in our community who were adversely affected by the Covid-19 pandemic. Furthermore, CCRSP created a platform for us to distribute essential material relief to them for single Mums struggling with their little ones.
Equally, in order to provide camaraderie, advice/support to elderly, vulnerable, and single parents within our community, we created an online strategic streaming service to help us maintain contact with our beneficiaries as well as increase our reach and engagement with them and other potential users.
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT (Continued)
HOT MEALS FOR THE HOMELESS PROJECT : Hot food and drinks were prepared and served by our team of volunteer Cooks to rough sleepers and those experiencing homelessness in Wigan. Clean clothes, toiletries and sleeping bags and other lifesaving essentials were also offered out to those who needed them. The pandemic affected many people in many ways. Worse mental health is linked with poorer social and economic circumstances. This includes living in poverty, lack of proper meals, having low-quality or low paid work, unemployment and poor housing. The pandemic intensified existing stressors and deepened existing inequalities, and also presented new stressors for different groups of people. As a charity, we believe that everyone should have enough food to eat and that homeless people should not starve even though they are homeless. Our project addressed the stress of food poverty and the inability to have a decent meal at least once a week. We provided 3 course meals for the homeless and those who needed a hot meal in the community including vulnerable women and young people.
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT (Continued)
MEALS2U PROJECT: The aim of this project was to provide cooked hot meals to families and individuals who struggled to afford or prepare food for themselves and help combat the rise in food poverty around Bolton and Wigan. We carried out a hot meal delivery service where our Street Volunteers delivered cooked meals directly to the homeless and to the homes of those who are financially or physically unable to provide for themselves. This project was very beneficial to the homeless and to those members of our community who find it difficult to cook or travel due to age, illness, and or childcare commitments.
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT (Continued)
YOUTH INSPIRE: Through our Youth Inspire project, we supported young people from the BAME community in Wigan and Bolton, in collaboration with Loveworld. We work with young people who have migrated with their families to the UK and they face a number of challenges which we addressed through this project. Statistics for mental health issues within the BAME communities reveal BAME young people are twice as likely to be referred to mental health services through social care or youth justice than through primary care. Our aim was to empower 30 young people with skills for life, integration into community and create an atmosphere for them to thrive while mixing with others which would improve their self esteem, mental health and wellbeing. We held engagement workshops on improving confidence/selfesteem, coping skills, skills for sustainability/environment and skills for education, work and volunteering. The young people also had the opportunity to share their experiences and changes they'd love to see in the community while being inspired by BAME youth above 25years who have successfully overcome these challenges to become people of repute in the community. The youth were inspired and empowered with skills and tools to succeed in spite of their peculiar challenges and societal issues.
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT (Continued)
TOGETHER FOR OUR PLANET: This project carried out in collaboration with the National Lottery, highlighted the importance of community-led climate action by encouraging more people to get involved and providing skills and training opportunities for communities to support climate action. The environment movement needs to value diversity and this was an opportunity to ensure that BAME African community is involved. Therefore, this project increased opportunity to look at issues around diversity, inclusion, social integration, and ensuring we all have equitable access to knowledge. Black African leaders in Wigan were empowered so they could mobilise their community to join the environmental movement and take action, start the conversation, undertake community research and engagement activities, build connections with local organisations and take part in conferences and other speaking events. We helped them build their skills, knowledge and capacity to enable them to add their voices and leadership into Wigan's strategy for a greener Borough. We worked with 15 leaders and engaged 75 people in Wigan. Activities held include: Training, community outreach and 10 workshops and learning circles: Climate change and health, climate change and food shortage, recycling, climate change and energy, climate change and cars.
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT (Continued)
Future Projects
Covid-19 Crisis Response Support Programme (CCRSP) Continuation- Though the Pandemic is not in a critical stage as before, people are still living with its effects. The project initiative is designed to bring material relief and emotional support to the vulnerable, elderly and single parents with babies who as result of the pandemic have been subjected to untold hardship in my community.
Let’s Socialise Project - This project will help women from the BAME community to connect with fitness activities and other activities like card making, embroidering, knitting etc.
Dancing Togethe r- The project is under our Social Cohesion and Integration Scheme (SCIS) and will include training and mentorship to teens, single mums, and young people on community building and development to bring the community together, reduce isolation and stereotype, improve emotional wellbeing and physical health.
Bringing Hope through Sport - Weekly keep fit activities for homeless, destitute asylum seekers and refugees in Wigan. Rebuilding lives work with people at the margin of our society who are in need of a second chance to rebuild their lives in Bolton and Wigan.
Financial review for the year
The Donation Income of the charity is £31,560 with expenditures at £28,766. The Trustees are proactively engaging other measures to manage cost and increase sustainability in the charity. 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.
Risk assessment
The major risks to which the Charity is exposed as Identified by the Trustees have been lack of funding to deliver some key projects. Some of our projects were delayed or couldn't start due to insufficient funds or delayed funding. Some projects we embarked on needed more volunteers to run. We are building our volunteer network to engage more volunteers in projects and activities, as projects need more hands-on volunteers to run.
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REBUILDING LIVES COMMUNITY INITIATIVE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
TRUSTEES REPORT (Continued)
Trustees responsibilities
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financlal year which give a true and fair view of the charity's financial activities during the year and of Its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice
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d
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- Select suitable accounting policies and then apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud The financial statements have been prepared in accordance with the Charities Act 2011 taking advantage of the exemptions available to small charities.
Approved by the Trustees and signed on their behalf
…......................................... Date…...................................................... Stephanie Ifebueme Chair
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REBUILDING LIVES COMMUNITY INITIATIVE
INDEPENDENT EXAMINER REPORT TO THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2021
I report to the trustees on my examination of the accounts of the above charity for the year ended 31st December 2021.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
lndependent examiners' statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
1) the accounting records were not kept in accordance with section 130 of the Charities Act; or
2) the accounts did not accord with the accounting records; or
3) the accounts did 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 accounts to be reached.
Signed:
Olu Alatise AFA MIPA Lagos Accountancy Services UK Gemini House 136-140 Old Shoreham road Brighton BN3 7BD
Date …..................1st September 2022
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REBUILDING LIVES COMMUNITY INITIATIVE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2021
| Notes Incoming Resources Donation and Legacies Resources Expended Charitable activities Other expenditures Total Resources Expended 5 Net income/(deficit) for the year Reconciliation of funds: Total funds brought forward Fund balances carried forward |
Unrestricted Funds 2021 £ 31,560 10,463 18,303 28,766 2,795 - 2,795 |
Restricted Funds £ - - - - - - - |
Total Funds £ 31,560 10,463 18,303 |
|---|---|---|---|
| 28,766 | |||
| 2,795 - |
|||
| 2,795 |
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REBUILDING LIVES COMMUNITY INITIATIVE
BALANCE SHEET
FOR THE YEAR ENDED 31ST DECEMBER 2021
| Notes | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Fixed Assets | |||
| Tangible fixed assets | 2 | 1,634 | |
| Total fixed assets | 1,634 | ||
| Current Assets | |||
| Cash at Bank | 1,485 | ||
| Total current assets | 1,485 | ||
| Creditors due within one year | 3 | 325 | 325 |
| Net Assets | 2,795 | ||
| Funds of the Charity | |||
| Restricted funds | |||
| Unrestricted funds | 2,795 | ||
| 2,795 |
Signed on behalf of the Board of Trustees
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Date ….......................................
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Stephanie Ifebueme (Chair)
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REBUILDING LIVES COMMUNITY INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
1. Accounting policies
(a) Basis of accounting
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared In accordance with the Charities SORP (FRS 102) '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 lreland (FRS 102) {effectlve 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable ln the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of Investments which are included at market value, as modified by the revaluation of certain assets.
(b) 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.
(c) Donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
(d) Expenditures
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
(e) Taxation
The charity is exempt from tax on its charitable activities.
(f) Charitable funds
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
(g) Operating leasing commitment
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
(h) Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
(i) Creditors
The Charity has creditors which are measured at settlement amounts less any trade discounts.
(j) Tangible fixed assets
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:
Office Equipments : 3 years straight line,
Computer Equipments : 3 years straight line
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REBUILDING LIVES COMMUNITY INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31ST DECEMBER 2021
| 2. Tangible Assets Cost As at 1 January 2021 Additions Disposals As at 31 December 2021 Depreciation As at 1 January 2021 Charge for the year Disposals As at 31 December 2021 Net Book value As at 31 December 2021 3. Creditors: Amount due within one year Accruals |
Plant and Equipments £ - 1,753 1,753 - 584 - 584 1,169 2021 £ 325 325 |
Computer Equipments £ - 698 698 - 233 - 233 465 |
Total £ - 2,451 |
|---|---|---|---|
| 2,451 | |||
| - 817 - |
|||
| 817 | |||
| 1,634 | |||
4. Transactions with Trustees and related parties
In the year, none of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity.
During the year payments totalling £5,775 were made to Geeson Limited, a company controlled by G Ifebueme who is a related party for Training and Project Management fees. All payments were approved by the board of Trustees.
The transactions were charged at a normal professional rate and are in the best interest of the charity.
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REBUILDING LIVES COMMUNITY INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31ST DECEMBER 2021
| 5. Total Resources Expended Conferences, Events & Premises hire Volunteer expenses Covid 19 Relief Materials Rent, Rates & Water Light & Heating Telephone & Internet Printing, Postage & Stationery Travelling & Motor Expenses Sundry expenses Training and Project Management fees Other charitable donation Accountancy Fees Premises repairs & maintenance Depreciation Total |
2021 Total £ 3,000 1,886 5,557 6,130 1,000 64 53 938 98 7,275 20 325 1,603 817 |
2021 |
|---|---|---|
| 28,766 |
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