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2024-03-31-accounts

R21

Trustees’ Annual Report and

Financial Statements

For the year ended 31st March 2024

1

R21 Trustees’ Annual Report and Financial Statements

Contents

Contents
Trustee Details and Reference 3
Trustees 3
Reference Details 3
Governance 3
Governing Document: 3
Trustee Recruitment: 3
Trustee Benefit: 4
Trustee Induction: 4
Trustee Responsibilities: 4
Trustee Sub-Committees: 4
Objectives 4
Objects: 4
Mission Statement: 4
Public Beneft: 4
Management, Employees and Volunteers 5
Employees: 5
Volunteers: 5
Statistics (Grouped Across Projects) 6
Attendance 6
Activities and Achievements 6
Financial Review for R21 7
Opening comments: 7
Progress since the end of the year: 7
Banking Arrangements 7
Accountants 7
Independent Examination 8
Statement of Financial Activities 9
Income and Expenditure 9
Balance Sheet 10
Notes 12
1: Accounting policies 12
2: Legal Status 12
3: Staff and Pension Costs 13
4: Tangible fxed assets 13
5: Commitments 14
6: Debtors and Creditors 15
7: Movement in restricted funds 15
8: Main Funders 15
9: Related Party Transactions 15
10: Trustee Expenses 15
11: Independent Examiners fee: 15
12: Volunteers 15
13: Analysis of expenses 16

Registered Charity Number: 1195921. Registered in England

R21 Trustees’ Annual Report and Financial Statements

The Trustees present their report for the year ending 31st March 2024

Trustee Details and Reference

This report has been prepared in accordance with the Statement of Recommended Practice and Accounting for Charities SORP FRS102.

Trustees

The following trustees are appointed to handle the governance of R21.

Position held/Relevant dates
Helen Rachel Browell Appointed as Trustee 24/09/21 for 4 years,
appointed as chair 24/09/21
Thomas Gallagher Appointed as Trustee 24/09/21 for 3 years,
appointed as secretary and treasurer 24/09/21
Elizabeth Anne Watson Appointed as Trustee 24/09/21 for 2 years,
re-elected 1/10/23
Michael Reeve Appointed as Trustee 2/10/22 for 5 years

Reference Details

Telephone 01670 828668
Registered Ofce:
Email
info@r21.org.uk
30 Front St West, Bedlington
Website www.r21.org.uk
NE22 5UB
Independent Examiners:
Registered Charity Number:
Susan Moye 1195921

Governance

Governing Document:

R21 is a Charitable Incorporated Organisation and governed by its Constitution.

Trustee Recruitment:

Under the Constitution, the Board of Trustees exists of no less than three members and no more than six. Initial terms were for four, three and two-year terms with all trustees thereafter being elected for five-year terms, unless appointed as a service user trustee for a one-year term.

Registered Charity Number: 1195921. Registered in England

3

R21 Trustees’ Annual Report and Financial Statements

Trustee Benefit:

Trustees of R21 do not receive any benefits from their position. Trustees are entitled to claim expenses related to their duties. During the period no trustee expenses were claimed.

Trustee Induction:

Recruitment is the responsibility of all trustees and induction is the responsibility of the Chair or can be given to other trustees. During the period one new trustee was recruited and inducted. New trustees will be given a role description and the government’s guide to good governance. Trustees are encouraged to take part in training on governance and safeguarding.

Trustee Responsibilities:

The trustees are responsible for the strategic direction of R21, setting its aims and monitoring these. They are also responsible for overseeing its financial health and viability. Day-to-day management is delegated to its team working with the service users.

Trustee Sub-Committees:

R21 currently has no Sub-Committees.

Objectives

Objects:

The objects of R21 are: The relief of need, hardship and distress of persons who have suffered and are suffering from domestic abuse and any children of such persons, or the relief of those who are homeless, or who are in recovery from mental or physical ill-health through the provision of temporary accommodation, support, advice, training and in such other ways as the trustees may from time to time think fit.

Mission Statement:

“Making all things new”. R21 is in the business of supporting people to make a fresh start. As a Charity built on Christian principles, we aim to see people, primarily those who have suffered from domestic abuse, given a chance to rebuild their lives.

Public Benefit:

To achieve our objectives R21 provides services in Northumberland to help improve mental health, well-being, life skills and build towards independent living.

The trustees confirm that the activities relating to this period were carried out in line with its objects. R21 trustees confirm that they have complied with their duty in section four of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in determining what activities are undertaken by R21.

During the year R21 continued to work in partnership with Hope Church Bedlington, CIO No. 1153786 and with Green Pastures CBS ltd exempt charity number XT27103. Along with recruiting a

Registered Charity Number: 1195921. Registered in England

4

R21 Trustees’ Annual Report and Financial Statements

new team of support workers, recruiting new volunteers, and raising vital funds. R21 also secured six more properties to offer supported housing for people fleeing domestic abuse, bringing the total properties available to use to nine.

5 of these new properties are within an old pub, which R21 is in the process of renovating. During the period reported on, R21 finished preparing and opened 2 flats, with 2 more being opened soon after the reporting period. R21 also utilised some of the building for an office space and a communal activity space. Without these partners, R21 would not exist. Green Pastures paid for many of the costs associated with renovating the properties.

Management, Employees and Volunteers

Employees :

The Trustees would like to record and acknowledge their gratitude for the enormous contribution Amy has made to the establishment of R21 as a charitable service, and the hard work needed to establish working relationships, residents, and service users.

The Trustees would like to record and acknowledge their gratitude for the enormous contribution our staff make to the running of R21.

Volunteers:

Volunteers are crucial to R21 activities. The Trustees and employees record their gratitude for their time and effort. We had a team of six people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 1500. The trustees would like to record and acknowledge their gratitude for the tremendous contribution our volunteers made during the period.

Registered Charity Number: 1195921. Registered in England

5

R21 Trustees’ Annual Report and Financial Statements

Statistics (Grouped Across Projects)

Attendance

Attendance
2023-24 2022-23 2021-22 2020-21
Number of referrals 20 7 1 0
Number using service 15 5 0 0

Activities and Achievements

R21 continued its core project: “Acorn Project”. These are self-contained properties for families who are fleeing domestic abuse. Support work is carried out against 12 areas of need identified when a new service user takes up residency. R21 is able to support both male and female victims and their children. Twenty referrals were received in the period reported on, and we housed seven adults and eight children. We have also started a weekly support group, social activities and opened a community garden in partnership with Hope Church Bedlington. Our volunteer team also visit other support services to offer support to their service users.

Out of the 7 family units housed and supported during the year, one successfully moved on into new accommodation.

All residents reported progress in the areas of identified need.

Registered Charity Number: 1195921. Registered in England

6

R21 Trustees’ Annual Report and Financial Statements

Financial Review for R21

The trustees present their financial review for the period ended 31st March 2024.

Opening comments:

During the operating period for R21 it depended on housing benefit payments, grants and donations, the largest of which was made by The Hiscox Foundation (CIO no. 327635). There were a number of individual donations too. Some funds were also raised through small events such as coffee mornings.

The funds were raised in line with a partnership with national charity Green Pastures (Exempt Charity no. XT27103) who invested in 5 of the new properties we now lease.

Total income during the 2023-24 period amounted to £78,190.15 compared to £24,378.51 in 2022-23.

During the year donations came from Hope Church Bedlington, the Hiscox Foundation and individuals.

Our cash balance Increased from £2,082.59 to £20,547.58.

Progress since the end of the year:

R21 has opened 2 more properties. This has continued to increase our cash flow and impact.

Banking Arrangements

CAF Bank Ltd is R21’s banker and currently, R21 uses a cash (current) account.

Accountants

Prepared using QuickBooks

Signed on 22/1/25

____ Helen Browell (Chair)

Registered Charity Number: 1195921. Registered in England

7

R21 Trustees’ Annual Report and Financial Statements

Independent Examination

Examination completed by Susan Moye and completed form presented to the trustees.

Registered Charity Number: 1195921. Registered in England

8

R21 Trustees’ Annual Report and Financial Statements

Statement of financial activities

As at 31st March 2024

Income and Expenditure

Notes Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
Income from
Grants, Donations and
Legacies
8 20,895.34 0 20,895.34 10,267.63
Service/Fee income 52,013.05 0 52,013.05 12,630.59
Services 5,059.19 0 5,059.19 94.24
Refunds 222.57 0 222.57 879.62
Investment income 0 0 0 0
Other 506.43
Total Income 78,190.15 78,190.15 24,378.51
Expenditure on
Charitable activities 51,446.16 0 51,446.16 26,224.56
Raising funds 0 0 0 0
Asset Depreciation 3,077.37 0 3,077.37 484.37
Other 13 0 500 500
Total Resources
Expended
13 54,523.53 500 55,023.53 26,708.93
Net Movement in
funds
23,666.62 (500) 23,166.62 (2,330.42)
Reconciliation of
funds
Total funds brought
forward
2,551.32 500 3051.32 5,381.74
Transfer between
funds
0 0 0 0
Total funds carried
forward
26,217.94 0 26,217.94 3051.32

Registered Charity Number: 1195921. Registered in England

9

R21 Trustees’ Annual Report and Financial Statements

Balance Sheet

As at 31st March 2024

Notes 2024
£
2023
£
Assets
Tangible Assets 4 5,670.36 968.73
Current Assets
Cash at Bank and in hand 20,547.58 2,082.59
Liabilities 6 0
Net Current Assets 20,547.58 2,082.59
Total Assets Less Current Liabilities 26,217.94 3,051.32
Net Assets 26,217.94 3,051.32
Represented by
General Unrestricted funds 20,547.58 1,582.59
Tangible assets 5,670.36 968.73
Restricted funds 7 0 500
Total Funds 26,217.94 3051.32

For the year ended March 31st 2024 R21 was exempt from the need for audit under the Charities Act 2011, therefore the trustees have not required R21 to obtain an audit. R21 is required to have the accounts independently examined, and chose Susan Moye to perform the examination.

Registered Charity Number: 1195921. Registered in England

10

R21 Trustees’ Annual Report and Financial Statements

The trustees acknowledge their responsibility to comply with the regulators in relation to the preparation of accounts and have prepared them in accordance with SORP FRS102.

The financial statements on pages 9-16 were authorised for issue by the trustees on and signed on their behalf by

Helen Browell

Chair

Thomas Gallagher Secretary

Registered Charity Number: 1195921. Registered in England

11

R21 Trustees’ Annual Report and Financial Statements

Notes

1: Accounting policies

The financial statements have been prepared in accordance with FRS 102, the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP FRS 102) using general accounting standards. R21 is a public benefit entity. The principal accounting policies adopted are as follows:

Income Resources

Charitable trading activities: Income is included when received.

Donations and grants

Income from donations and grants are included in incoming resources when received.

Resources expended

Resources expended are included in the Statement of Financial Activities as received, inclusive of VAT which cannot be recovered. All support costs are included under “charitable activities” rather than being apportioned between each of the charity’s activities (such as printing marketing materials), as such apportionment would result in small, immaterial amounts attributable to non-charitable activities. The cost and time involved in calculating such an apportioned expenditure would vastly outweigh the usefulness of doing so.

Pension costs

R21 has a pension contribution policy, with two part-time employees opting out, and one being auto-enrolled. £53.22 was the total cost of pension contributions in the period

Tangible Fixed Assets

Tangible Fixed Assets are depreciated by their estimated useful lives. Items under £50 are charged to expenses. For this period the only assets we have are furniture and fittings depreciated by 33% on a straight-line basis.

Funds Accounting

R21 has the potential to hold the following funds:

2: Legal Status

R21 is a Charity Incorporated Organisation. There is no personal liability to the trustees/members in the event of winding up. Its registered office is 30 Front Street West, Bedlington, NE225UB.

Registered Charity Number: 1195921. Registered in England

12

R21 Trustees’ Annual Report and Financial Statements

3: Staff and Pension Costs

2024
£
2023
£
Gross Wages and Salaries 7,961.39 3,560.00
Employers NI 39.19 0
Pension Costs 53.22 0
8,053.80 3,560.00

No employee received emoluments of over £60,000 during the year (2024: nil). No trustee received any remuneration. A connected person was employed, and this is detailed in note 9.

4: Tangible fixed assets

Fixtures and Fittings Total
Cost £ £
At 1st April 2023 1,453.10 1,453.10
Additions 7,779.00 7,779.00
Disposals 0 0
At 31st March 2024 9,232.10 9,232.10
Depreciation
At 1st April 2023 484.37 484.37
Charge for the year 3,077.37 3,077.37
Disposals 0 0
At 31st March 2024 3,561.74 3,561.74
Net Book Value
At 31st March 2023 968.73 968.73
At 31st March 2024 5,670.36 5,670.36

Registered Charity Number: 1195921. Registered in England

13

R21 Trustees’ Annual Report and Financial Statements

5: Commitments

R21 has a commitment to lease 7 properties from Green Pastures, a housing charity, that expires in 5 years’ time. These total £3100 a month. They are in line with the market rate for rent and will be paid for through housing benefit from the residents’ that R21 support.

R21 has a commitment to lease 1 property from a private landlord, for 3 years at £450 a month. Payments started in September 2022, the same month R21 housed its first resident. The lease payments will be paid for using housing benefit from the residents the charity supports.

R21 has a commitment to lease 1 property from a private landlord, for 3 years at £525 a month. Payments started in January 2024. The lease payments are paid for using housing benefit from the residents the charity supports.

Registered Charity Number: 1195921. Registered in England

14

R21 Trustees’ Annual Report and Financial Statements

6: Debtors and Creditors

These accounts have been prepared under the cash accounting method.

7: Movement in restricted funds

There were no restricted funds held as at 31st March 2024.

8: Main Funders

Hope Church Bedlington Hiscox Foundation

9: Related Party Transactions

R21 received no donations from the Trustees in the year 2024. (2023: nil) During the year Michael Reeve served as a trustee, making Amy Reeve’s employment a related party transaction. Amy resigned on 08/09/2023. Michael was removed from all employment-related decisions while Amy was employed. Amy was paid £2068 during the period. (2023: £3560)

10: Trustee Expenses

Trustees are entitled to claim expenses related to carrying out their duties. None were recorded (2024: nil).

11: Independent Examiners fee:

Nil

12: Volunteers

We had a team of six people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 1500. The trustees would like to record and acknowledge their gratitude for the tremendous contribution our volunteers made during the period.

Registered Charity Number: 1195921. Registered in England

15

R21 Trustees’ Annual Report and Financial Statements

13: Analysis of expenses

13: Analysis of expenses
Charitable
activities £
Support
Costs £
Total
Charitable
activities £
Fundraising
Expenses £
Total £
HR 8,053.80 674.58 8,728.38 8,728.38
Renovations/Re
pairs
11,947.08 11,947.08 11,947.08
Ofce/Admin 1,409.22 1,409.22 1,409.22
Direct Housing
Costs
26,892.14 26,892.14 26,892.14
IT 336.04 336.04 336.04
Insurance 1,460.38 1,460.38 1,460.38
depreciation 3,077.37 3,077.37 3,077.37
Governance
Direct
Fundraising
Costs
Sundries 359 359 359
Other costs 313.92 313.92 313.92
Deposit Scheme
(restricted)
500 500 500
Total 47,252.02 7,771.51 55,023.53 55,023.53

Registered Charity Number: 1195921. Registered in England

16

R21

Trustees’ Annual Report and

Financial Statements

For the year ended 31st March 2024

1

R21 Trustees’ Annual Report and Financial Statements

Contents

Contents
Trustee Details and Reference 3
Trustees 3
Reference Details 3
Governance 3
Governing Document: 3
Trustee Recruitment: 3
Trustee Benefit: 4
Trustee Induction: 4
Trustee Responsibilities: 4
Trustee Sub-Committees: 4
Objectives 4
Objects: 4
Mission Statement: 4
Public Beneft: 4
Management, Employees and Volunteers 5
Employees: 5
Volunteers: 5
Statistics (Grouped Across Projects) 6
Attendance 6
Activities and Achievements 6
Financial Review for R21 7
Opening comments: 7
Progress since the end of the year: 7
Banking Arrangements 7
Accountants 7
Independent Examination 8
Statement of Financial Activities 9
Income and Expenditure 9
Balance Sheet 10
Notes 12
1: Accounting policies 12
2: Legal Status 12
3: Staff and Pension Costs 13
4: Tangible fxed assets 13
5: Commitments 14
6: Debtors and Creditors 15
7: Movement in restricted funds 15
8: Main Funders 15
9: Related Party Transactions 15
10: Trustee Expenses 15
11: Independent Examiners fee: 15
12: Volunteers 15
13: Analysis of expenses 16

Registered Charity Number: 1195921. Registered in England

R21 Trustees’ Annual Report and Financial Statements

The Trustees present their report for the year ending 31st March 2024

Trustee Details and Reference

This report has been prepared in accordance with the Statement of Recommended Practice and Accounting for Charities SORP FRS102.

Trustees

The following trustees are appointed to handle the governance of R21.

Position held/Relevant dates
Helen Rachel Browell Appointed as Trustee 24/09/21 for 4 years,
appointed as chair 24/09/21
Thomas Gallagher Appointed as Trustee 24/09/21 for 3 years,
appointed as secretary and treasurer 24/09/21
Elizabeth Anne Watson Appointed as Trustee 24/09/21 for 2 years,
re-elected 1/10/23
Michael Reeve Appointed as Trustee 2/10/22 for 5 years

Reference Details

Telephone 01670 828668
Registered Ofce:
Email
info@r21.org.uk
30 Front St West, Bedlington
Website www.r21.org.uk
NE22 5UB
Independent Examiners:
Registered Charity Number:
Susan Moye 1195921

Governance

Governing Document:

R21 is a Charitable Incorporated Organisation and governed by its Constitution.

Trustee Recruitment:

Under the Constitution, the Board of Trustees exists of no less than three members and no more than six. Initial terms were for four, three and two-year terms with all trustees thereafter being elected for five-year terms, unless appointed as a service user trustee for a one-year term.

Registered Charity Number: 1195921. Registered in England

3

R21 Trustees’ Annual Report and Financial Statements

Trustee Benefit:

Trustees of R21 do not receive any benefits from their position. Trustees are entitled to claim expenses related to their duties. During the period no trustee expenses were claimed.

Trustee Induction:

Recruitment is the responsibility of all trustees and induction is the responsibility of the Chair or can be given to other trustees. During the period one new trustee was recruited and inducted. New trustees will be given a role description and the government’s guide to good governance. Trustees are encouraged to take part in training on governance and safeguarding.

Trustee Responsibilities:

The trustees are responsible for the strategic direction of R21, setting its aims and monitoring these. They are also responsible for overseeing its financial health and viability. Day-to-day management is delegated to its team working with the service users.

Trustee Sub-Committees:

R21 currently has no Sub-Committees.

Objectives

Objects:

The objects of R21 are: The relief of need, hardship and distress of persons who have suffered and are suffering from domestic abuse and any children of such persons, or the relief of those who are homeless, or who are in recovery from mental or physical ill-health through the provision of temporary accommodation, support, advice, training and in such other ways as the trustees may from time to time think fit.

Mission Statement:

“Making all things new”. R21 is in the business of supporting people to make a fresh start. As a Charity built on Christian principles, we aim to see people, primarily those who have suffered from domestic abuse, given a chance to rebuild their lives.

Public Benefit:

To achieve our objectives R21 provides services in Northumberland to help improve mental health, well-being, life skills and build towards independent living.

The trustees confirm that the activities relating to this period were carried out in line with its objects. R21 trustees confirm that they have complied with their duty in section four of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in determining what activities are undertaken by R21.

During the year R21 continued to work in partnership with Hope Church Bedlington, CIO No. 1153786 and with Green Pastures CBS ltd exempt charity number XT27103. Along with recruiting a

Registered Charity Number: 1195921. Registered in England

4

R21 Trustees’ Annual Report and Financial Statements

new team of support workers, recruiting new volunteers, and raising vital funds. R21 also secured six more properties to offer supported housing for people fleeing domestic abuse, bringing the total properties available to use to nine.

5 of these new properties are within an old pub, which R21 is in the process of renovating. During the period reported on, R21 finished preparing and opened 2 flats, with 2 more being opened soon after the reporting period. R21 also utilised some of the building for an office space and a communal activity space. Without these partners, R21 would not exist. Green Pastures paid for many of the costs associated with renovating the properties.

Management, Employees and Volunteers

Employees :

The Trustees would like to record and acknowledge their gratitude for the enormous contribution Amy has made to the establishment of R21 as a charitable service, and the hard work needed to establish working relationships, residents, and service users.

The Trustees would like to record and acknowledge their gratitude for the enormous contribution our staff make to the running of R21.

Volunteers:

Volunteers are crucial to R21 activities. The Trustees and employees record their gratitude for their time and effort. We had a team of six people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 1500. The trustees would like to record and acknowledge their gratitude for the tremendous contribution our volunteers made during the period.

Registered Charity Number: 1195921. Registered in England

5

R21 Trustees’ Annual Report and Financial Statements

Statistics (Grouped Across Projects)

Attendance

Attendance
2023-24 2022-23 2021-22 2020-21
Number of referrals 20 7 1 0
Number using service 15 5 0 0

Activities and Achievements

R21 continued its core project: “Acorn Project”. These are self-contained properties for families who are fleeing domestic abuse. Support work is carried out against 12 areas of need identified when a new service user takes up residency. R21 is able to support both male and female victims and their children. Twenty referrals were received in the period reported on, and we housed seven adults and eight children. We have also started a weekly support group, social activities and opened a community garden in partnership with Hope Church Bedlington. Our volunteer team also visit other support services to offer support to their service users.

Out of the 7 family units housed and supported during the year, one successfully moved on into new accommodation.

All residents reported progress in the areas of identified need.

Registered Charity Number: 1195921. Registered in England

6

R21 Trustees’ Annual Report and Financial Statements

Financial Review for R21

The trustees present their financial review for the period ended 31st March 2024.

Opening comments:

During the operating period for R21 it depended on housing benefit payments, grants and donations, the largest of which was made by The Hiscox Foundation (CIO no. 327635). There were a number of individual donations too. Some funds were also raised through small events such as coffee mornings.

The funds were raised in line with a partnership with national charity Green Pastures (Exempt Charity no. XT27103) who invested in 5 of the new properties we now lease.

Total income during the 2023-24 period amounted to £78,190.15 compared to £24,378.51 in 2022-23.

During the year donations came from Hope Church Bedlington, the Hiscox Foundation and individuals.

Our cash balance Increased from £2,082.59 to £20,547.58.

Progress since the end of the year:

R21 has opened 2 more properties. This has continued to increase our cash flow and impact.

Banking Arrangements

CAF Bank Ltd is R21’s banker and currently, R21 uses a cash (current) account.

Accountants

Prepared using QuickBooks

Signed on 22/1/25

____ Helen Browell (Chair)

Registered Charity Number: 1195921. Registered in England

7

R21 Trustees’ Annual Report and Financial Statements

Independent Examination

Examination completed by Susan Moye and completed form presented to the trustees.

Registered Charity Number: 1195921. Registered in England

8

R21 Trustees’ Annual Report and Financial Statements

Statement of financial activities

As at 31st March 2024

Income and Expenditure

Notes Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
Income from
Grants, Donations and
Legacies
8 20,895.34 0 20,895.34 10,267.63
Service/Fee income 52,013.05 0 52,013.05 12,630.59
Services 5,059.19 0 5,059.19 94.24
Refunds 222.57 0 222.57 879.62
Investment income 0 0 0 0
Other 506.43
Total Income 78,190.15 78,190.15 24,378.51
Expenditure on
Charitable activities 51,446.16 0 51,446.16 26,224.56
Raising funds 0 0 0 0
Asset Depreciation 3,077.37 0 3,077.37 484.37
Other 13 0 500 500
Total Resources
Expended
13 54,523.53 500 55,023.53 26,708.93
Net Movement in
funds
23,666.62 (500) 23,166.62 (2,330.42)
Reconciliation of
funds
Total funds brought
forward
2,551.32 500 3051.32 5,381.74
Transfer between
funds
0 0 0 0
Total funds carried
forward
26,217.94 0 26,217.94 3051.32

Registered Charity Number: 1195921. Registered in England

9

R21 Trustees’ Annual Report and Financial Statements

Balance Sheet

As at 31st March 2024

Notes 2024
£
2023
£
Assets
Tangible Assets 4 5,670.36 968.73
Current Assets
Cash at Bank and in hand 20,547.58 2,082.59
Liabilities 6 0
Net Current Assets 20,547.58 2,082.59
Total Assets Less Current Liabilities 26,217.94 3,051.32
Net Assets 26,217.94 3,051.32
Represented by
General Unrestricted funds 20,547.58 1,582.59
Tangible assets 5,670.36 968.73
Restricted funds 7 0 500
Total Funds 26,217.94 3051.32

For the year ended March 31st 2024 R21 was exempt from the need for audit under the Charities Act 2011, therefore the trustees have not required R21 to obtain an audit. R21 is required to have the accounts independently examined, and chose Susan Moye to perform the examination.

Registered Charity Number: 1195921. Registered in England

10

R21 Trustees’ Annual Report and Financial Statements

The trustees acknowledge their responsibility to comply with the regulators in relation to the preparation of accounts and have prepared them in accordance with SORP FRS102.

The financial statements on pages 9-16 were authorised for issue by the trustees on and signed on their behalf by

Helen Browell

Chair

Thomas Gallagher Secretary

Registered Charity Number: 1195921. Registered in England

11

R21 Trustees’ Annual Report and Financial Statements

Notes

1: Accounting policies

The financial statements have been prepared in accordance with FRS 102, the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP FRS 102) using general accounting standards. R21 is a public benefit entity. The principal accounting policies adopted are as follows:

Income Resources

Charitable trading activities: Income is included when received.

Donations and grants

Income from donations and grants are included in incoming resources when received.

Resources expended

Resources expended are included in the Statement of Financial Activities as received, inclusive of VAT which cannot be recovered. All support costs are included under “charitable activities” rather than being apportioned between each of the charity’s activities (such as printing marketing materials), as such apportionment would result in small, immaterial amounts attributable to non-charitable activities. The cost and time involved in calculating such an apportioned expenditure would vastly outweigh the usefulness of doing so.

Pension costs

R21 has a pension contribution policy, with two part-time employees opting out, and one being auto-enrolled. £53.22 was the total cost of pension contributions in the period

Tangible Fixed Assets

Tangible Fixed Assets are depreciated by their estimated useful lives. Items under £50 are charged to expenses. For this period the only assets we have are furniture and fittings depreciated by 33% on a straight-line basis.

Funds Accounting

R21 has the potential to hold the following funds:

2: Legal Status

R21 is a Charity Incorporated Organisation. There is no personal liability to the trustees/members in the event of winding up. Its registered office is 30 Front Street West, Bedlington, NE225UB.

Registered Charity Number: 1195921. Registered in England

12

R21 Trustees’ Annual Report and Financial Statements

3: Staff and Pension Costs

2024
£
2023
£
Gross Wages and Salaries 7,961.39 3,560.00
Employers NI 39.19 0
Pension Costs 53.22 0
8,053.80 3,560.00

No employee received emoluments of over £60,000 during the year (2024: nil). No trustee received any remuneration. A connected person was employed, and this is detailed in note 9.

4: Tangible fixed assets

Fixtures and Fittings Total
Cost £ £
At 1st April 2023 1,453.10 1,453.10
Additions 7,779.00 7,779.00
Disposals 0 0
At 31st March 2024 9,232.10 9,232.10
Depreciation
At 1st April 2023 484.37 484.37
Charge for the year 3,077.37 3,077.37
Disposals 0 0
At 31st March 2024 3,561.74 3,561.74
Net Book Value
At 31st March 2023 968.73 968.73
At 31st March 2024 5,670.36 5,670.36

Registered Charity Number: 1195921. Registered in England

13

R21 Trustees’ Annual Report and Financial Statements

5: Commitments

R21 has a commitment to lease 7 properties from Green Pastures, a housing charity, that expires in 5 years’ time. These total £3100 a month. They are in line with the market rate for rent and will be paid for through housing benefit from the residents’ that R21 support.

R21 has a commitment to lease 1 property from a private landlord, for 3 years at £450 a month. Payments started in September 2022, the same month R21 housed its first resident. The lease payments will be paid for using housing benefit from the residents the charity supports.

R21 has a commitment to lease 1 property from a private landlord, for 3 years at £525 a month. Payments started in January 2024. The lease payments are paid for using housing benefit from the residents the charity supports.

Registered Charity Number: 1195921. Registered in England

14

R21 Trustees’ Annual Report and Financial Statements

6: Debtors and Creditors

These accounts have been prepared under the cash accounting method.

7: Movement in restricted funds

There were no restricted funds held as at 31st March 2024.

8: Main Funders

Hope Church Bedlington Hiscox Foundation

9: Related Party Transactions

R21 received no donations from the Trustees in the year 2024. (2023: nil) During the year Michael Reeve served as a trustee, making Amy Reeve’s employment a related party transaction. Amy resigned on 08/09/2023. Michael was removed from all employment-related decisions while Amy was employed. Amy was paid £2068 during the period. (2023: £3560)

10: Trustee Expenses

Trustees are entitled to claim expenses related to carrying out their duties. None were recorded (2024: nil).

11: Independent Examiners fee:

Nil

12: Volunteers

We had a team of six people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 1500. The trustees would like to record and acknowledge their gratitude for the tremendous contribution our volunteers made during the period.

Registered Charity Number: 1195921. Registered in England

15

R21 Trustees’ Annual Report and Financial Statements

13: Analysis of expenses

13: Analysis of expenses
Charitable
activities £
Support
Costs £
Total
Charitable
activities £
Fundraising
Expenses £
Total £
HR 8,053.80 674.58 8,728.38 8,728.38
Renovations/Re
pairs
11,947.08 11,947.08 11,947.08
Ofce/Admin 1,409.22 1,409.22 1,409.22
Direct Housing
Costs
26,892.14 26,892.14 26,892.14
IT 336.04 336.04 336.04
Insurance 1,460.38 1,460.38 1,460.38
depreciation 3,077.37 3,077.37 3,077.37
Governance
Direct
Fundraising
Costs
Sundries 359 359 359
Other costs 313.92 313.92 313.92
Deposit Scheme
(restricted)
500 500 500
Total 47,252.02 7,771.51 55,023.53 55,023.53

Registered Charity Number: 1195921. Registered in England

16

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trust••s R21 On a¢¢ounts for the year ended 31 3.2024 Charlty no 111 any) 1195521 Set out on pages I report to the trustees on my examination of the accounts of th8 above charity (Ihe Trust.) for the year ended Rosponslbllltlos and basls 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 ('Ih8 Aci.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my 8xamination, I have followed all the applicabl8 Directions glven by the Charity Commission under section 145(5){bl of th8 Act. Indop•nd•nt •xamin•rfs statsment appl￿￿. Delete [ l if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (9t1￿ diSGI￿.) which gives me caus8 to bèlieve that in, any material respect.. the accounting records y￿re not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements ¢on¢eming the fom and content of accounts set out in th8 Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matter5 in connection with the examination to which attention should te drawn in this report in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not apply. Slgnod: Dat•: 24. 1 2025 Name: SvsAN EL1211BIIrt MotyE Rolevant professlonal quallflcatlon(s) or body ACA ATI I (RETIREt)) IER Oct 2018

Ilf any): Address: 39 LAfoR OLAD LOIKIDOM 5E2É 5DT Section 8 Disclosure Only complete rf the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidan￿ for examiners). Give hore briof dotails of any itams that thè examiner wishes to dlsclose. IER Oct 2018