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2024-03-31-accounts

Free! Recovery

Report and Accounts Year ended 31 March 2024

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

FREE! RECOVERY

LEGAL AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 MARCH 2024

ADDRESS FOR CORRESPONDENCE 33 Brutton Way Chard TA20 2HB GOVERNING DOCUMENT CIO Constitution dated 06 September 2021 CHARITY REGISTRATION NUMBER 1195719 TRUSTEES RESPONSIBLE FOR Shenara Abraham (resigned December 2023) MANAGING THE CHARITY Timothy Archer (appointed October 2023) Aidan Crook (resigned December 2023) John Emra Louanne Enns 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 2-8 Trustees' Report Page 9 Independent Examiner's Report Page 10 Receipts and Payments Account Page 11 Statement of Assets & Liabilities Page 12 Notes to the Accounts

Page 1

Charity Number: 1195719

FREE! RECOVERY

(CIO)

Trustee Report

From April 1, 2023 - March 31, 2024

2

FREE! RECOVERY

- Trustee Report from April 1, 2023 March 31, 2024

Legal and Administrative information Registered Charity Number: 1195719

Trustees

Mrs Shenara Abraham (Resigned Dec 11, 2023) Mr Tim Archer (Appointed Oct 28, 2023) Mr Aidan Crook (Resigned Dec 11, 2023) Mr John Emra Mrs Louanne Enns 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

3

FREE! RECOVERY

The trustees are pleased to present their report for the period from April 1, 2023 - March 31, 2024

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.

4

Achievements and Performance

The charity has completed its second 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. This work has continued and grown, with local churches and organisations setting up groups, relieving isolation and struggles in their own local area. In this way, by training others, we have been able to continue with the support of day-today 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.

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, speaking on radio and with individuals.

The new website is now live, hosting the resources; the material package, with the main video sessions, and the main guides for the facilitators and participants has been completed. These free resources, now easily available, help the promotion and distribution of essential information to those needing freedom.

A new useful webinar, for those wanting to run their own local support groups, has been created and had a successful launch with new contacts attending.

The charity has continued to network with churches/organisations interested in developing a work for addictions using the Free! material. The team has continued to train facilitators in local churches, two in London, one in Northern Ireland and one in Hampshire. The local church leaders, trained last year in London, continued to run a successful 10-week course on their own, last autumn. The team is also in talks with leaders in other areas of the UK.

General fundraising through email newsletters and personal “asks” has grown slightly. We had some success in raising funds via grants.

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

5

Financial Review

In the period under review, the charity had an income of £21,659. In the period under review, there were no restricted funds held. At the year end the charity held £9,634, of which £8,494 was unrestricted.

In 2023, the charity received charitable donations of £21,659, including £15,046 given via Stewardship (where eligible gift aid is applied), and £4,000 in grants.

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 income, 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.

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.

6

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 consists of 2 senior employees and began with 4 trustees. At the beginning of 2023/2024 financial year we began with 5 trustees. We added one trustee in October, 2023 and two resigned in December 2023, so we have 4 trustees at present. 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 trustee safeguarding training. The new trustee is required to do trustee training and read through the Charity Commission's 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 continuing development and networking of the Free! main material resource, along with the provision of training and consultation. The addition of webinars and fully trained facilitators for local church/organisations plus the central online course is a continuing goal.

We are looking for people able to work alongside and continue this work in the future.

We appointed a new trustee this past year with strong business and leadership skills. We are looking to add 2-3 new trustees within the next few months to take over the safeguarding lead and someone with financial/fundraising expertise.

7

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

Approved and signed on the behalf of the Trustees by

CT Archer

CT Archer (Oct 9, 2024 23:01 GMT+1)

______ Tim Archer

Oct 9, 2024 Date:__

8

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 2024 on pages 10 to 12 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.

J. Young J. Young (Oct 11, 2024 13:20 GMT+1)

Jaimée Young

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: Oct 11, 2024

Page 9

FREE! RECOVERY

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Notes
Income receipts
Donations
Gift aid receipts
Other grants
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
£
£
17,659
-
-
-
4,000
-
21,659
-
27,985
-
27,985
-
(6,326)
-
-
-
(6,326)
-
15,960
-
9,634
-
Unrestricted Funds
Restricted
Funds
£
-
-
-
-
1,140
1,140
(1,140)
-
(1,140)
1,140
-
Total
2024
£
17,659
-
4,000
21,659
29,125
29,125
(7,466)
-
(7,466)
17,100
9,634
Total
2023
£
General
Funds
£
17,659
-
4,000
21,659
27,985
27,985
(6,326)
-
(6,326)
15,960
9,634
36,100
125
-
36,225
37,019
37,019
(794)
-
(794)
17,895
17,100

The notes on page 12 form part of these accounts.

Page 10

FREE! RECOVERY

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 MARCH 2024

A
Cash funds
Cash at bank with immediate access
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
£
£
9,634
-
9,634
-
-
-
50
-
750
-
800
-
Unrestricted Funds
Restricted
funds
£
-
-
-
-
-
-
Fund to
which asset
belongs
General
Total
2024
£
9,634
9,634
-
50
750
800
Value
2024
£
6,000
6,000
Total
2023
£
17,100
17,100
-
25
750
775
Value
2023
£
6,000
6,000

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.

E 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

----- Start of picture text -----
by CT Archer date
CT Archer (Oct 9, 2024 23:01 GMT+1) _____T. Archer _____ Oct 9, 2024
----- End of picture text -----

The notes on page 12 form part of these accounts.

Page 11

FREE! RECOVERY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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.

2
Payments in relation to charitable activities undertaken directly
Employment costs
Website and networking
Filming project
Conference and training
Insurance
Governance
Administration and support
Other costs
Unrestrict Designated
funds
£
-
-
-
-
-
-
-
-
-
ed Funds
Restricted
Funds
£
-
740
400
-
-
-
-
-
1,140
Total
2024
£
21,746
1,693
400
1,770
671
914
1,556
375
29,125
Total
2023
£
General
funds
£
21,746
953
-
1,770
671
914
1,556
375
27,985
22,963
-
11,548
351
671
926
560
-
37,019

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.

4
Movement of funds
General funds
Restricted funds
Filming project
Total funds
Opening
balance
£
15,960
15,960
1,140
1,140
17,100
Receipts
£
21,659
21,659
-
-
21,659
Payments
£
(27,985)
(27,985)
(1,140)
(1,140)
(29,125)
Transfers
£
-
-
-
-
-
Closing
balance
£
9,634
9,634
-
-
9,634

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 previous year.

Page 12