The Compa55
(Charitablt In¢orporaled vr%4nisxtion)
Annual rcwrl and unaudiicd financial sialem¢YtL%
Year ended
31 March 2024
Registered charih" number: 119q270

Tbe CompASS
report ¥4nd uoaudiiL￿ fillaucial st4tetDcDts for the lear ended 31 March 2024
Conii'nts.
Page:
34
R¢pirl olth¢ Tnst¥X
Siaiement ofTrU￿e￿. Responstbilities
Indc￿ndCnt ExamirsLr's RLI
SiatLITliryJt of Fina￿la1 Activities
Balancc Sheet
Notes forniine part of the Financi￿ SLi*ments
The folluwing P¢Eg¢ df>C4 form part of the statutory accounL8
10
Delailed Sialemcnl of Trinancial Actii'ities

The Compass
Report of the Trustees lor the year ended 31 March 2024
LEC:4L.4ND ADMIYISTIL4TII'E INFORM.4TI()P*'
Charitt, ￿uMber. 1195270
Gos'erlliu
do¢uU￿#t
Tht rhur¥ty is a Chdritahl¢ IncoryK>rated (hganisalion
Trustees
M Adams
D Balshaw (Chatr)
C Biltort
Kti Exccutives and Professional Adi'isers
Indt
cndent Examincr Clive Bury. 55 Links Avenue. FeliLstowe. IP I19HE
Corres
ondekn¢e Address 10 Brook Ian¢. Fclixstowe. LPK 17EG
Related artie5
TheTt wcrc no rclaied party transactions
Risk- mana
ement
-l-Iii tnistL¥S hai"L conside￿1 thc major risks lo which thc charity is cxposed IWVL rCViLw￿ thcTn and ¢onsidcr that
suiiable sysiemsare in plac¢ (omFligale ihose risks.

The Compass
Report of the Trustees for tbe year cnded 31 M*rch 2024 (conlin¥ed)
OBJECTIVLS PLIRPUSE IlND,ICTII'ITIES
f i55ion Statiment
Thc objcc15 ofihe charity thc pr¢v¢nliun or rclicl-of px)vcrty in Felixslvwe Jnd ihc surrounding arca by providin¥
r%'iccs to individuals in need and io turthcr such other charitablc purw)ses. according to law of England and
Walis. as thL rruslccs shall dccidc.
Ob'o¢tiFV* And Activitics for the Public Benefit
Th¢ Trusrees have considered the Chariry Commission8 guidancL un public ￿￿fil when setting ihc ubjcctivcs for the
year. The Trustees confimi Ihat th¢v have complied wilh the duly in se¢tion 4 of ihe Charltith Aci 2011.
ACHIEIIEMENT AYD PERFURNIANCE
Thc charily launchL.d in April 2021 wilh ihrLC lrusllL￿. all of whom arc PLlixslowc rcsidcnts of m￿y yiars. all¢md
local churches and care deeplv for Lhe iomniuniiy_ The Senior community o￿treaCh worker a paid mernber ot statT.
also Lhere is one i'olun(eer ouirea¢h worker and an inLreasing number ol'irasned volunteers who are all Dtjs cheeked.
ThL aini its l() improv¥ quality of IhfL for fdmtlEL* indii'idual% by signTX)s1ing an¢Vnr pr4)viding c4Ju￿11(}ll,
Irainin& cultural. r￿r￿allOnaj. and other appropridtc anyonc in rc%idci rn Fclixslow'c a￿[ Ihc
urrounding arcas.
The CumpdS% a¢iLpt5 a Feferrdl for ￿Y()ne in nL'LxI, %0 thi. arL" widL-ran&yng. There have bLYn over 200
individualslfdmilic% ref￿ed sincc launLh. Rifcrr#ils primbrily from SibLK)15, social wvrket5 dnd the job Lcntre.
also scII'TcILrrdls.
The leam has specialist knowledge arowid money management a(Ivice. benefits, education. housing and much mctrre.
Iniiial Lonthc¢ can reqiiire provision ot emergency tood. baby supp5ies, or tiiel vouchths. The Compass has also
furnishcd houscs, providLyJ wliitL' gi)ud5. Llcatcd itcms to th¥ up, plumbLY in wasbing maLhincs. artd carried (>ut
gaid¢iiin¥.
Thc Compass communily outrcach workers (and supponing voluntccrsl work holisli¢ally wtih cach scrvicc uscr.
wirhin their wh()IL litc/fdfiiTIy setting_ T)'PlLdlly d s¥rvice user will hdVL. 3 otie io sL'SSÈOnS With thc Lommuniry
outrcaLh workcr. In thest ￿￿510￿$ needs are identificd and f()mi% arc fillcd in (ie. gaicway lo housing. or addilional
bcn¢liES suu¥hii. TypiLdll) this llads to idin¢ifiLalion ofmissing lilL skills - such as Looking vn d bLidgNa. singlc
PilfLniing' grroup. mLntal hLdlih dnd wcllbcingr gTroup. money skills, basic Inaihs and ¥n¥lish, basiL I-I., job Llub. and
lite %kills. The Comp&ss works with Christian% Against Poverty. MindingT th¢ Cjap, KiiLs Matter and Reali%e FLllures.
The Compass has helped incoine deprived service users financially Ihrough a number of funds- namely Rope TrusL
L WAS Jnd Ilouschold Support Grani.
In the year to 31* March 2024 unrestricted in£ome Wd.% £&833 (2023=£25.521) of and unrc>lricicd ¢K￿nd¥[￿rC was
£19.01612021.. £22.666}, rL?ulting in Lmfcsiricled TLscrves at I Ist,MdfLh ?0?4 of £7.1103 (?073= £17.l¥f)l.
Additionally in the year to 31. March ?024 restricted tncnme iv&8 £13Jll¥ {?023..£?? 2721 and restricted eXpendi￿re
Wds £12.43512023.. LI 8 ?1(1 l. resuliin¥ in ILslriil¢d r¢sL'TVCS ai 3 Isi MdfLh ?024 of£4.94412023.. £3,991).

The Compass
Report of the Trustees for the year ended 31 March 2024 {Loiitiiiued)
FI%.4NC"IAI. RF.VIF.II'
Rtsen es PiilitTr' and (voin
CtsDcern
As stdlLd in ihc linancial rcvicw. bclow ihe retserve5 ar¢ Currenily sianding ai a salislactory Icvcl. li is thc truslce5' aim
lo maintain r￿erVeS &t areasonablc l¢v¢l to cn%urethc longtcrm financial sccuritv ofthc organi%alion.
The Board of Trustees Iwi'e considered the health of the balance sheet and the budgjet for ihe forthcoming period in
re8Lhing the conclusion that it is appropriate ro prepare th¢ accounts on the goiTbg conccm basis.
Plans for the fulure
The charity'.5 alin& for Lhe fu￿re are lo InCr￿8e itb. Visibilily within the felixslo￿e are4.
STATEMENT ()F TRUSTEES. RESPOYSIBILITES
The tnLStees are restx)nsible tor keeping sufficient accounting recor(is that div1th8¢ wÈth reasonable accuracy at any
tiniL thL finanLial pusiiion ()[ th¥ ChatitablL Iniorporatld OrbFdllisdiion {ciuI. Thcy tnLCt rLlbyularly throughout th¢
yLar to rLviLw mdndblLmLnl dLLounts. Thcy arc Tl￿pon￿lbIkn for ￿fLgUd￿di￿g the ()f ihL CIO and hLnLL for
takingT fL'a8onablL fi)r thL prci"L"nti(Trn and dctcction ibf fraud and ()IhLr irrLyularitics.
This rLTOrt was appri)i"cd by thc trustccs on....
. and signcd on their behalf by:
alshaw- Chair of Trustccs

llND￿PENDE￿T EklhlllNER'S REPORT TO THE TRUSTEES OF TItE COMPASS
I rcport on thc accounts of th¢ ¢hariry for Ihc ycar cndcd 31 March 2024. whi¢h arL 5Lt oul vn pa￿Tl￿ 7 10 9.
Re5pe£tii'e r¢sPOU5ibilities of trus¢ee5 and ex¥mi&er
The ttuNtee% arc rc%rMTrnsible for the prepdrati()n ()t the aLCQUTlts. The tNstees considLY th&t an audit is requirtyl for
this period under Section 144121 of the Chan"ties Act 2011 (the 2011 Act) and that an inderKndent examination is
n{￿￿ed.
Having %alisfied myself thal the charily is not subjea to audit under company law and is eligTrble for independeni
Ixdiiiin&Lliun, it is niy rLsponsibility lo..
{}} ¢xaminL' IhL acLounts undLr section 145 vf thc 2011 Act
lill to follow ihe procedures laid out in the general Directions given by ihe Charily Commik%ion under seeiion
14515)Ib) of ihc 2011 ALI. and
(iiil t() statc whcihL'r Pdrtiiuldr mattL'fs havc come to my attcntion.
Basis of independent examiacr'5 report
My uxdmindtion was LarriLd our in aLLvrdancc with thc gL'ncrdl Dir¢xiions by th¢ Chariry Commission.
An examinaiion inLludLs a rii'iLw of ih¥ ac¢ouniingT fLLords kLyi by th¢ iharitv and a cornparison of the aLxounis
presented with those records. li also include% consideralion of any unusual ilems or disclosures in ihe accoun18. and
seekitlg ¢xplanation8 from you a5 trn%t¢es conccming anv %ueh mailer*. Thc procedure% undertaken do nol providc all
thL LvidLIiLL thdt wi)uld iK' riyuirL.d in ￿ &udit and LC)IISiNULlltly Iiu opinioi) gYiVLlI ￿ to whethLr the aLLount4 prcsalt
d 'tNe dnd ltiir VIC￿ and the rep)rt is limilcd io thosc maLtixs sei out in th¢ slatcmcnt below.
Independent cxamimor'% statemcnt
In Lunn¥Ltion with Iny Lxamindfion. Jnattcr has come to my artLTlion=
{a) ￿h7¢h LT II'CS me reasonable cause 10 believe ihal in any malerial re8pecl the requirements:
{il io k¢¢p accounlin¥ records in accordance wilh section 130 ofih¢ Companies Act 2011 as amended: and
(li) to PTLryidfL' aLcount% which accord wilh thL aLcounting rccords, Lomply with lh¢ accounting rLwuirLThcnts
of thc Act
have not bccn mct- or
(b) to ￿,hich. in my npinioii. attention
account% to b¢ r¢Ycbe
uld be drawn in order to enable a proper widerstanding of the
Cli>'e Buri. _MA.AT
S5 l.inks .4vL7nye
Feliistoii'e
IP?19HE
DatLyl

The Compass
Statemcnt of financial activiti￿ incorporating the income and expenditure 8CCOUD¢ for the vear ended 31
Marrh 2024
Noi¢
2024
2024
2024
Total
2023
RtstA¢led
Imcorne
Income from charilable activiii&%
&833
13J88
22,221
47,793
Total income
80J3
13J88
22,221
47,793
Expenditure
ExpL￿diturC on LharitablL il¢tivitiL'S
19,016
12,435
31.451
40.947
Tot￿ e%penditMre
19.016
12.435
31.451
40.947
Net incomingl(outiyningJ resources
{10.iX3)
953
(92311)
6.846
Balance b/f￿d 1st April 2023
17.186
3,991
21.177
Balance clfwd 31 Martb 2024
7.003
4.944
11.947
Th¢ nOlc5 on page 9 lonn pari of th￿ financial siai¢mcnt.4.

'rhe Comp*ss
Balattce Sheet at 31 March 2023
Current assets
2024
Cash ar bank atxj in hand
11.947
21.177
Net current assets
11.947
21.177
Total &s5ets less current liabilities
11,947
21,177
Total llct assets
11,947
21.177
RcptL¥¢ntcd by
UnrL￿triltL￿ Funds"
11.947
21.177
Rcsiricicd Funds
T￿tal fund
11.947
21.177
The Charities Aet 2011 rcquires the tru5tces to prepare financial staicmcnts for each financial period which givc a
tru¢ and t-air viciv uf thc statc ol'affairs of the C.10 and of the surplus 01 dcficit of ihc CIO for that pcriod. In
preparhng th&se financial ststements the tntstees are required io=
SclcLt suilablc accountinb FM)IiLiL% and apply them ¢onsisl¢nily
MdkL jud¥LmLnis dnd ¢slinid1¢5 that ￿ rcasondblL prudLiIt
PrL'PalL. finlillcial %tatLlYlCIlt￿ on thL going LonLLY]i basis uiiless it is ii)appropriate to prLsume thai thL CIO
will coniinuc Rn cxi51enc
Sttltc whcthLT applicablc accounting standards and St￿eMentS of rcLommcndcd practicc havc bceE] followcd,
subject io any material departur¢s di&¢los¢d and ¢xplain¢d in thc finanlial slatcmcnts.
The financia] statements wEre approved and auÉhorised for issue by Ihe TrLSstres of ihe CIO on
. dnd wcre signed on its ￿haIfby.
..D Balshaw (Thair of Tnisi

Tbe Cotnpxss
ilotes to the finallcial statements for the yesr ended 31 M¥rch 2024
Accounting policies
A¢tounting convetttio
The financial statements have been prepared under the historical cost convention. and in accordance with the
Accouniing and RLy)rring by Chariti¥s SidrLmin( of Kcioinincnd PrdLIicc dppIiLdbli to Chari(i1s pripdring
their accounls in accordance wilh (he financial Reporting Siandard for Smaller F.niiiies (etTe¢iive January
201 i). 'IbL a¢counts hdv¢ b¥¢n prLparLd on thc bvoing conccrn basis as explain¢d in th¥ -1 rusllcs f¥port.
Incomt fThbm charlt*￿t acthlhes
nton)¢ froni ¢harithblc yclivilics arc includcd in full in inconic whcn rcccivLd.
Expenditure
Expenses ar¢ rncluded in tk Staicmcnt of Financial Ac¢ivitics on a cash basts and arcallu￿(¢d ￿ th¢particular
aciiviiv io which the ¢osts relate. CJov¢rnance ¢￿￿t8 include those costs &ssociaied Kviih meeting the
con51itutional and slabjiory requirements of the charity and include ihe cost8 linked to ihe 8lrategic
mdndLI
meni uf tlic ¥l)driry.
All costs arc allocalcd bciwccn ihc eX￿ndItUre caiegori&s ofthc Siai¢mcni of Firwicial AGtivilic5 on a basis
dL%ILtrllLd tv rLflLLt thL IISL" of ELsoufLC5.
Incomc from charitable *ctivitie5
Unrestricted
Unrostricted
2023
Income from charitsble activiticb
13.388
47.793
Expemditure on ch&ritable activities
Unrestricled
Restricted
2023
r.xpcndilurc on ¢hariikblc aetivitics
19,016
12,435
40.947
4. I-rustees, Remuneration and Benefits
Nonc of thc dirL'Ctors ftxcivcd any rLinuncration during IhL ￿ri(jd.
Trllqtees, expeTAse5
Non¢ ofihc direcior% received reimburscd cxpCnS&￿.
S. Kelated party ¢r2nsactions
ThcrL were no rclated party transaction5.

The Comp•ss
DET.4lLED STATEMENT OF FLNLNC.IAL AcfiviTIES FOR THE YEAR E,NDED 31 MARCH 2024
2Q23
202.7
2023
TDl41
2023
RrstrldLrd
In¢ome
Grants received
Fundrnisiiig
Donation8
7.459
i.U24
13J88
20.847
1,024
34.772
3,316
9,705
Total illcome
¥.833
22221
47.793
Expenditure
rimcrg¢n¢y %uppli&s
Ho.%pithlity & Ginb
Admiiii5trativc costs
Salary cosls
IT Losts
12,435
13.027
192(19
37
6.71)0
14.144
701
6.330
11.960
134
11,960
134
Total L'xpenditure
19.016
12,435
-11.451
40.947
10