## **Registered Charity No: 1194875** ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31ST DECEMBER 2022** **REBUILDING LIVES COMMUNITY INITIATIVE** ## **REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** Page number - 1 Legal and administrative information - 2-4 Trustees report - 5 Independent examination report - 6 Statement of financial activities - 7 Statement of financial position - 8-10 Notes forming part of the financial statements ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **LEGAL AND ADMINISTRATIVE INFORMATION** Denis Nturo (Chair) Vincent Nwali (Treasurer) Ederina Chigariro Stephanie Ifebueme (Resigned) Commerce House Bridgeman Place BOLTON BL2 1DW Trustees Registered office Registered Charity number Banker 1194875 Banker National Westminster Bank Plc Independent Examiner Olu Alatise AFA MIPA Lagos Accountancy Services UK Ujima House 97 – 107 Wilder Street Bristol BS2 8QU **1** **REBUILDING LIVES COMMUNITY INITIATIVE** ## **REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **TRUSTEES REPORT** The trustees presents its report and the unaudited financial statements for the year ended 31st December 2022. 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. We operate in Bolton, Bury, Manchester city, Salford city and Wigan. ## **Key activities and Achievements in the year** **COVID-19 CRISIS RESPONSE SUPPORT PROGRAM (CCRSP)** : The project initiative was a response to the Covid-19 crisis that necessitated government lockdowns and restrictions 2020 - 2022 leading to so many sufferings and hardships in our community especially among the elderly, single mums, and the vulnerable. The first phase of the project took place in early 2021 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. It was designed to bring material relief and emotional support to the vulnerable (elderly and single parents with babies) in the BME community who as a result of the pandemic were subjected to untold hardship. In 2022 due to high demand in our users, a continuation was necessary. The programme further created a platform for us to distribute essential material relief to the vulnerable in order to provide camaraderie, advice/support to the vulnerable (elderly and single parents) within the BME 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. **The second phase was also funded by The National Lottery Community Fund.** **THE JUBILEE CELEBRATION : Creating a Cohesive Community-** The Jubilee Celebration - Creating a Cohesive Community was borne out of the need to use the Queen’s Jubilee celebration to give a sense of belonging to our diverse communities in Bolton and particularly the BME community. The BME community having experienced their share of exclusion and marginalization oftentimes felt like outsiders within the community they call home. Hence the Jubilee celebration became an enormous opportunity to bring communities together in oneness of spirit. This brought about connectedness and awareness which prior was absent. After so much suffering and pain orchestrated by Covid19 pandemic and lockdowns, the Queen’s Jubilee celebration was a lifting event to our entire communities of which many people take part. People were able to make new friends, have fun and also reflect. This project is about making a difference through creating a cohesive and integrated communities through celebrating the Queen’s Jubilee. **This project was funded by The National Lottery Community Fund.** **LETS SOCIALISE** : This was an intergenerational project for women from 40+ and young women (17+) who are single parents to enable and support them to lead, shape and develop their local social network project while building stronger connections within the community. It was designed to enable friendships between the members and helping them to develop improved social networks. This was 18 months Project for April 2022 to September 2023 and ran weekly. 50 women attended the project with average of 30 attending regularly every week. The project included Planned activities: English and ICT club, Arts and Games, Healthy eating and lifestyle, Pamper days for young women etc. **This project was funded by Peoples Health Trust.** **2** ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **TRUSTEES REPORT (Continued)** **DANCING TOGETHER :** Dancing together was aimed at bringing together communities that have never worked together before; celebrating the Queen’s Platinum Jubilee in an ambitious and innovative way. The project granted participants the with opportunity of a traditional dance and music performance including catwalk learning new skills from artists that they wouldn’t normally work with celebrating the Queen's achievement in the African cultural way. This was a new and great project idea that no one has tried locally before. The participants worked with a music director and a fashion designer to produce a community get together event to celebrate the Queen's Jubilee. The Project held in Wigan. The BME community in Wigan feels isolated with lack of opportunities and the Queens Jubilee provided them the opportunity to get together and reduce their isolation in a creative way. The participants will get the opportunity to codesign sessions with the artists from music and dance rehearsals to workshops to design the Queen's traditional outfit she could wear for her Jubilee. **This project was funded by Forever Manchester.** **BRINGING HOPE THROUGH SPORT** : This project was designed for people at the margin of our society who are in need of a second chance to rebuild their lives in Bolton and Wigan. The project enhanced weekly keep fit activities for homeless, destitute asylum seekers and refugees in Wigan. This helped to improve their physical health, tackle issues like loneliness, isolation making them active, prolonging lives and improve mental and physical health. The project provide them with opportunity to learn recycling skills, look after the environment and volunteering opportunities. Activities included weekly group walking, jogging and running, DIY and arts healthy eating etc. **This project was funded by Sports England.** ## **Future Projects** **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. This was 18 months Project for April 2022 to September 2023 and ran weekly. 50 women attended the project with average of 30 attending regularly every week. **GET FIT & FEEL BETTER -** This Project will help engage more people from the BME community in sports. It will address these attitudes and behaviours peculiar to the BME community which have become a limitation to their involvement in sports/physical activities. **THE YOUTH ECO-SPORT DEVELOPMENT PROJECT (YESDP) -** This project aims at getting homeless people, refugees and destitute asylum seekers more active to prolong lives and improve mental and physical health, provide them with opportunity to learn recycling skills, look after the environment and volunteering opportunity. **VOLUNTEERS’ APPRECIATION :** We would like to express our heartfelt gratitude to all our volunteers for all their contribution to the success of Rebuilding Lives Community Initiative. We wouldn’t have been where we are without your support. We appreciate your commitment; dedication and support. Your time and effort is greatly appreciated. Thank you for all you do. ## **Financial review for the year** The Donation Income of the charity is £52,220 with expenditures at £47,233. 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. **3** **REBUILDING LIVES COMMUNITY INITIATIVE** ## **REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **TRUSTEES REPORT (Continued)** ## **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. ## **Trustees responsibilities** Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial 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 - d - - Select suitable accounting policies and then apply them consistently; - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. - 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…...................................................... **Denis Nturo Chair** **4** ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **INDEPENDENT EXAMINER REPORT TO THE TRUSTEES** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** I report to the trustees on my examination of the accounts of the above charity for the year ended 31st December 2022. ## **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 Ujima House 97 – 107 Wilder Street Bristol BS2 8QU Date: 31st October 2023 **5** ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** |Notes
**Incoming Resources**
Donation and Legacies
**Resources Expended**
Charitable activities
Other expenditures
Total Resources Expended
6
**Net income/(deficit) for the**
**year**
**Reconciliation of funds:**
Total funds brought forward
Fund balances carried forward|**Unrestricted**
**Funds**
**2022**
£
20,150
2,447
12,716
15,163
4,987
2,795
7,782|**Restricted**
**Funds**
£
32,070
5,176
26,894
32,070
-
-
-|**Total Funds**
**2021**
£
£
**52,220**
31,560
**7,623**10,463
**39,610**18,303| |---|---|---|---| ||||**47,233**28,766| ||||**4,987**2,795
**2,795**
-| ||||**7,782**
2,795| **6** ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **BALANCE SHEET** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** |Notes
**Fixed Assets**
Tangible fixed assets
2
**Current Assets**
Cash at Bank
**Total Assets**
**Creditors due within one year**
3
**Net Assets**
**Funds of the Charity**
Restricted funds
Unrestricted funds|**2022**
£
**5,381**
**9,979**
**15,360**
**7,578**
**7,782**
**-**
**7,782**
**7,782**|2021
£
1,634
1,485
3,120
325| |---|---|---| |||**2,795**| |||-
2,795| |||**2,795**| Signed on behalf of the Board of Trustees Date: 31st October 2023 **Denis Nturo (Chair)** **7** **REBUILDING LIVES COMMUNITY INITIATIVE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **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**_ **8** **REBUILDING LIVES COMMUNITY INITIATIVE** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued)** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** |**2. Tangible Assets**
**Cost**
As at 1 January 2022
Additions
Disposals
**As at 31 December 2022**
**Depreciation**
As at 1 January 2022
Charge for the year
Disposals
**As at 31 December 2022**
**Net Book value**
As at 31 December 2022
As at 31 December 2021|**Office**
**Equipments**
**£**
1,753
2,749
**4,502**
584
1,501
-
**2,085**
**2,417**
1,169|**Computer**
**Equipments**
**£**
698
4,098
**4,796**
233
1,599
-
**1,831**
**2,964**
465|**Total**
**£**
2,451
6,846| |---|---|---|---| ||||**9,297**| ||||817
3,099
-| ||||**3,916**| ||||| ||||**5,381**| ||||1,634| |**3. Creditors: Amount due within one year**
Accruals
Taxes and Social Security
Deferred Grant|**2022**
£
370
168
7,040|**2022**| |---|---|---| ||**7,578**|| ## **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. ## **5** . **Deferred Grant** The Charity received a performance related grant in the year of which, £7,040 has been deferred to the following year. The funds will be realised once the charity has met and fulfilled the conditions of the grant. **9** ## **REBUILDING LIVES COMMUNITY INITIATIVE** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued)** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** |**6. Total Resources Expended**
Conferences, Events Cost & Premises Hire
Volunteer Expenses
Covid 19 Relief Materials
Rent, Rates & Water
Light & Heating
Computer Related Expenses
Telephone & Internet
Printing, Postage & Stationery
Equipments Hire
Office Equipments
Travelling & Motor Expenses
Sundry Expenses
Salary
Training and Project Management Fees
Other Charitable Donation
Accountancy Fees
Premises Repairs & Maintenance
Website Cost
Depreciation
Total|**2022**
Total
£
3,617
1,472
2,534
13,556
1,386
399
124
837
1,320
457
-
119
4,500
12,317
-
370
979
148
3,099
**47,233**|**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**|| **10**