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2023-03-31-accounts

Free! Recovery

Report and Accounts Year ended 31 March 2023

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

FREE! RECOVERY

LEGAL AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 MARCH 2023

ADDRESS FOR CORRESPONDENCE 33 Brutton Way Chard TA20 2HB GOVERNING DOCUMENT Constitution dated 06 September 2021 CHARITY REGISTRATION NUMBER 1195719 TRUSTEES RESPONSIBLE FOR Shenara Abraham (appointed August 2022) MANAGING THE CHARITY Aidan Crook John Emra (appointed June 2022) Louanne Enns Charles Mugenyi (resigned February 2023) Helen Willcox BANKERS National Westminster Bank Plc INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB INDEX Page 1 Legal and Administrative Details Pages 2-7 Trustees' Report Page 8 Independent Examiner's Report Page 9 Receipts and Payments Account Page 10 Statement of Assets & Liabilities Page 11 Notes to the Accounts

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Charity Number: 1195719

FREE! RECOVERY

(CIO)

Trustee Report

From April 1, 2022 - March 31, 2023

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FREE! RECOVERY

- Trustee Report from April 1, 2022 March 31, 2023

Legal and Administrative information Registered Charity Number: 1195719

Trustees

Mrs Shenara Abraham Mr Aidan Crook Mr John Emra Mrs Louanne Enns Revd Charles Mugenyi (retired February 2023) Mrs Helen Willcox

Cofounders and Senior Employees

Mr John Childress Mrs Sally Childress

Bankers

Nat West Minehead (A) Branch 9 The Parade Minehead Somerset TA24 5ZD

Registered Office

33 Brutton Way Chard Somerset TA20 2HB

Key Management Personnel

The Trustees Mr John Childress Mrs Sally Childress

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FREE! RECOVERY

The trustees are pleased to present their report for the period from April 1, 2022 - March 31, 2023

Summary of the Purposes of the charity as set out in its governing document .

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.

Achievements and Performance

The charity has completed its first full year since its formation on September 9, 2021. The organisation has been able to give hope and continue to help relieve some of the intense isolation that occurs in the lives of those struggling with addictive, lifecontrolling habits. We were able to continue with the support of day to day life coping strategies in the lives of our beneficiaries. As beneficiaries gain hope for their lives, they pass it on to others and so the wider society is greatly benefitted.

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The charity has continued to increase awareness of the benefit of having safe, compassionate places for those struggling with addictive, life-controlling issues, by networking with local churches, organisations and individuals.

The material package, with the filming of the main sessions, and the development of the main guides for the facilitators and participants has been completed. The team is looking forward to the completion of the website refresh, alongside other daily and weekly resource help, to help the promotion and distribution of essential information to those needing freedom.

The charity has continued to network with churches/organisations interested in developing a work for addictions using the Free! material. The team has helped train 10 facilitators in a large London church, both in person and online, which is preparing to begin the Free! Programme in September 2023. This will provide a resource for many in the central London area

General fundraising through email newsletters and personal “asks” is steadily growing, within the objectives set. The specific project fundraising of 2022 was successful, raising the necessary funding for the material and filming package to be completed.

The objectives of the charity for this year have been reached.

Financial Review

In the period under review, the charity had an income of £36,200. In the period under review, there were no restricted funds held. As of March 31, 2022 the charity held £17,100, of which £16,000 was unrestricted.

Going Concern

The Trustees consider that there are no material uncertainties relating to whether the charity can continue as a going concern.

Reserves policy

The charity has a reserve policy: building up a three month operating surplus to cover fluctuations in donation income. This covers three months of employee costs, insurance and monthly costs, totalling £6,500.

During the period under review, we achieved this reserve.

Fundraising

The charity raises funds through liaison, promotion and correspondence within its own networks and does not use third party or professional fundraisers

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Risks

The charity has a comprehensive risk register under four headings: Governance, Financial, Operational and External. Keeping a continual watchful eye, none are deemed to be significantly high at the moment.

Public Benefit

We, the trustees of Free! Recovery, have sought in all we do to follow the Charity Commission’s guidance on public benefit. Our principal aim is, and has been, to help and provide relief for those struggling with addiction issues.

The material and resources produced by Free! Recovery is determined by ministry considerations rather than commercial. Any resource is mainly subsidised from donations. The website is free of charge for anyone desiring to investigate this ministry further, with conversations for further discussion and support made available free of charge.

Remuneration of key management personnel

The charity has two employees, responsible for material development and day to day running of the charity; John and Sally Childress, the co-founders of the charity. The pay of senior staff is reviewed annually, bearing in mind charities of similar size and activity.

Structure, Governance and Management

The charity is a CIO and has a constitution as its governing document.

The charity was registered on September 9, 2021 as a CIO. It currently consists of 2 senior employees and 5 trustees. The trustees and senior staff meet for a minimum of 3 times a year, although at the moment are meeting every 4-6 weeks. The charity works with local churches/church leaders interested in the relief of addictions in their local community.

Trustees

The Charity Trustees select individuals for appointment as Charity Trustees. The Charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Induction and training

Each new trustee meets the co-founders/senior employees/present trustees for informal meetings of mutual suitability. The trustees proceed with formal interview/talks as to skills/knowledge and experience. A new trustee has a DBS check and is required to do a trustee safeguarding training. The new trustee is required to do trustee training and read through the Charity Commission's

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information on the expectations of a trustee. The trustee is also expected to read the charity’s constitution, 5-year business plan and all present policies. A key person/trustee will ensure this has been accomplished.

Plans for the Future

The focus in the UK is the ongoing completion and development of the Free! main material resource, along with website refreshment, with the hope of releasing this in 2023. This will encompass and provide teaching and training, including film and guides to be available for use in local churches and communities throughout the UK.

We appointed 2 new trustees in 2022, with financial and fundraising skill sets. We are presently looking for a suitable chairman with vision to move Free! Into the future and also 2 new trustees with possible pastoral and administrative skill sets.

Reference and Administrative Detail

Charity Name: Free! Recovery

Other Name used: Free!

Registered charity number: 1195719

Charity’s principal address: 33 Brutton Way, Chard Somerset, TA202HB

Approval

This report was approved by the trustees and signed on their behalf by:

____ SHENARA ABRAHAM

Date:_____ 17 July 2023

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

FREE! RECOVERY

I report to the trustees on my examination of the accounts of Free! Recovery ('the charity') for the year ended 31 March 2023 on pages 9 to 11 following.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 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 2011 Act.

Independent examiner’s 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. accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Jaimée Young

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 26 July 2023

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FREE! RECOVERY

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Notes
Income receipts
Donations and grants
Gift aid receipts
Other
Total receipts
Payments
2
Total payments
Transfers between funds
4
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net
of
receipts
/
(payments)
before
transfers
Payments in relation to charitable activities
undertaken directly		 General
Designated
Funds
Funds
£
£
23,412
-
125
-
-
-
23,537
-
25,471
-
25,471
-
(1,934)
-
-
-
(1,934)
-
17,895
-
15,960
-
Unrestricted Funds		 Restricted
Funds
£
12,688
-
-
12,688
11,548
11,548
1,140
-
1,140
-
1,140		 Year to
31Mar2023
£
36,100
125
-
36,225
37,019
37,019
(794)
-
(794)
17,895
17,100		 Period 06Sep2021
to 31Mar2022
£
General
Funds
£
23,412
125
-
23,537
25,471
25,471
(1,934)
-
(1,934)
17,895
15,960
32,228
-
200
32,428
14,533
14,533
17,895
-
17,895
-
17,895

The notes on page 11 form part of these accounts.

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FREE! RECOVERY

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 MARCH 2023

A
Cash funds
Cash at bank with immediate access
Notice deposits
B
Other monetary assets
C
Liabilities
Falling due within one year:
Pension due
Fee for Independent Examination
D
Assets retained for charity's own use
Contents and equipment		 General
Designated
funds
funds
£
£
15,960
-
-
-
15,960
-
-
-
25
-
750
-
775
-
Unrestricted Funds		 Restricted
funds
£
1,140
-
1,140
-
-
-
-		 Year to
31Mar2023
£
17,100
-
17,100
-
25
750
775
Insurance
31Mar2023
£
6,000
6,000		 Period 06Sep2021
to 31Mar2022
£
6,809
11,086
17,895
-
-
660
660

The trustees have used the value of insurance cover as the trustees are unable to reliably estimate current values of equipment; insurance values may differ materially from current values.

F Guarantees and secured debts

The charity has not given any guarantees and has not provided its assets as security for any liabilities.

The accounts were approved by the trustees and signed on their behalf

by _____Shenara Abraham date _____17 July 2023

The notes on page 11 form part of these accounts.

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FREE! RECOVERY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

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Payments in relation to charitable activities undertaken directly
Employment costs
Staff expenses
Equipment
Filming project
Conference and training
Insurance
Governance
Administration and support		 Unrestrict Designated
funds
£
-
-
-
-
-
-
-
-
-
ed Funds		 Restricted
Funds
£
-
-
-
11,548
-
-
-
-
11,548		 Year to
31Mar2023
£
22,963
-
-
11,548
351
671
926
560
37,019		 Period 06Sep2021
to 31Mar2022
£
General
funds
£
22,963
-
-
-
351
671
926
560
25,471
11,199
2,408
255
-
-
671
-
-
14,533

Transactions with related parties

No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.

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Movement of funds
General funds
Restricted funds
Filming project
Total funds		 Opening
balance
£
17,895
17,895
-
-
17,895		 Receipts
£
23,537
23,537
12,688
12,688
36,225		 Payments
£
(25,471)
(25,471)
(11,548)
(11,548)
(37,019)		 Transfers
£
-
-
-
-		 Closing
balance
£
15,960
15,960
1,140
1,140
17,100

The Filming project relates to work involved in completing a resource package for churches, including filming all 10 sessions plus stories from our Free! Course and funds were given specifically for this during the year.

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