## **Registered Charity No: 1194875**
## **REBUILDING LIVES COMMUNITY INITIATIVE**
## **REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST DECEMBER 2023**
**REBUILDING LIVES COMMUNITY INITIATIVE**
## **REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
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 2023**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
Trustees Registered office
Registered Charity number
Banker
Independent Examiner
Stephanie Ifebueme (Chair) Chloe Macdonald Ashley Hayes
Commerce House Bridgeman Place BOLTON BL2 1DW
1194875
National Westminster Bank Plc
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 2023**
## **TRUSTEES REPORT**
The trustees presents its report and the unaudited financial statements for the year ended 31st December 2023. 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**
**CLEAN AIR AND MY HEALTH PROJECT** : Clean Air And My Health Project aims to inform the BAME community in Wigan about air pollution issues by engaging the community with air pollution conversations, clean air awareness and health implications. Due to lack of information and language the BAME community in Wigan community feels left out and are not engaged. This Project will Clean air awareness and behaviour change which is very important for our community to tackle air pollution. The Project will start in September 2023 to May 2024. we will be running several sessions to raise awareness of clean air and health implications. We will be discussing in a series of workshops and learning circles about clean air and behaviour changes. Our Clean Air project will provide our community with information, advice and a moment to strengthen community clean air behaviours, such as walking, cycling and to start the conversation around air pollution.
We’ll take the opportunity to reflect on the air we breathe and the opportunity to reduce our exposure. This project will focus on the links between our everyday behaviour and health implications of air pollution. This has become necessary due to the high impact air pollution is having on our communities with various report highlighting health inequalities. Our project will focus more on what we can all do to protect ourselves, our health and lives. **This project was funded by Forever Manchester.**
**His Majesty The King's Coronation - Creating a Cohesive Community -** His Majesty the King's Coronation Celebration - Creating a Cohesive Community was borne out of the need to use the King’s Coronation to give a sense of belonging to our diverse communities in Bolton and particularly the BME community. The BME community have experienced their share of exclusion and marginalisation oftentimes feeling like outsiders within the community they call home. Hence His Majesty The King's Coronation celebration will be an enormous opportunity to bring our 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; lockdowns and recently cost of living crisis. The King’s Coronation celebration was a lifting event to our entire communities of which many over 100 people took part. People were able to make new friends; have fun and also reflect. The grant will bring about a welcome difference through creating a cohesive and integrated communities through celebrating our King’s Coronation. People will feel important and appreciated. **This project was funded by National Lottery.**
**2**
## **REBUILDING LIVES COMMUNITY INITIATIVE**
## **REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **TRUSTEES REPORT (Continued)**
**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.**
**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.**
**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 £37,206 (2022 : £52,220) with expenditures at £42,830 (2022 : £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 2023**
## **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…...................................................... **Stephanie Ifebueme Chair**
**4**
## **REBUILDING LIVES COMMUNITY INITIATIVE**
## **INDEPENDENT EXAMINER REPORT TO THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
I report to the trustees on my examination of the accounts of the above charity for the year ended 31st December 2023.
## **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
31/10/2024 Date …..................
**5**
## **REBUILDING LIVES COMMUNITY INITIATIVE**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
|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**
**2023**
£
37,206
2,780
40,050
42,830
(5,624)
7,782
2,158|**Restricted**
**Funds**
£
-
-
-
-
-
-
-|**Total Funds**
**2022**
£
£
**37,206**
52,220
**2,780**7,623
**40,050**39,610|
|---|---|---|---|
||||**42,830**47,233|
||||**(5,624)**4,987
**7,782**2,795|
||||**2,158**
7,782|
**6**
## **REBUILDING LIVES COMMUNITY INITIATIVE**
## **BALANCE SHEET**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
|Notes
**Fixed Assets**
Tangible fixed assets
2
**Current Assets**
Cash at Bank
Other Debtors
**Total Assets**
**Creditors due within one year**
3
**Net Assets**
**Funds of the Charity**
Unrestricted funds|**2023**
£
**2,628**
**405**
**88**
**3,121**
**963**
**2,158**
**2,158**
**2,158**|2022
£
5,381
9,979
15,360
7,578|
|---|---|---|
|||**7,782**|
|||7,782|
|||**7,782**|
Signed on behalf of the Board of Trustees
**----- Start of picture text -----**
31/10/2024
Date ….......................................
**----- End of picture text -----**
## **Stephanie Ifebueme (Chair)**
**7**
**REBUILDING LIVES COMMUNITY INITIATIVE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **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 2023**
|**2. Tangible Assets**
**Cost**
As at 1 January 2023
Additions
Disposals
**As at 31 December 2023**
**Depreciation**
As at 1 January 2023
Charge for the year
Disposals
**As at 31 December 2023**
**Net Book value**
As at 31 December 2023
As at 31 December 2022|**Office**
**Equipments**
**£**
4,502
519
**5,021**
2,085
1,674
-
**3,759**
**1,262**
2,417|**Computer**
**Equipments**
**£**
4,796
-
**4,796**
1,831
1,599
-
**3,430**
**1,366**
2,964|**Total**
**£**
9,297
519|
|---|---|---|---|
||||**9,817**|
||||3,916
3,272
-|
||||**7,188**|
|||||
||||**2,628**|
||||5,381|
|**3. Creditors: Amount due within one year**
Accruals
Taxes and Social Security||**2023**|
|---|---|---|
|||£
370
593|
|||**963**|
## **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.
**9**
## **REBUILDING LIVES COMMUNITY INITIATIVE**
## **NOTES TO THE FINANCIAL STATEMENTS (Continued)**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
|**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
Sundry Expenses
Salary
Subscriptions
Training and Project Management Fees
Project Event Cost
Accountancy Fees
Premises Repairs & Maintenance
Insurance Cost
Website Cost
Depreciation
Total|**2023**
Total
£
1,280
1,500
-
4,627
1,222
-
892
2,205
-
424
222
14,704
344
8,874
1,788
445
617
237
176
3,272
**42,830**|**2022**
Total
£
3,617
1,472
2,534
13,556
1,386
399
124
837
1,320
457
103
4,500
16
12,317
-
370
979
-
148
3,099|**2022**|
|---|---|---|---|
|||**47,233**||
**10**