## **R21** Trustees’ Annual Report and ## Financial Statements For the year ended 31st March 2025 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)**|**5**| |Attendance|5| |**Activities and Achievements**|**5**| |**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 fnancial 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|14| |7: Movement in restricted funds|14| |8: Main Funders|14| |9: Related Party Transactions|14| |10: Trustee Expenses|14| |11: Independent Examiners fee:|14| |12: Volunteers|14| |13: Analysis of expenses|15| 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 2025** ## **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. Helen took a
9-month sabbatical (break) from June 2025| |Thomas Gallagher|Appointed as Trustee 24/09/21 for 3 years,
appointed as secretary and treasurer 24/09/21,
re-elected 9/1/25 for 5 years| |Elizabeth Anne Watson|Appointed as Trustee 24/09/21 for 2 years,
re-elected 1/10/23 for 5 years| |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 no new trustees were 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. Registered Charity Number: 1195921. Registered in England 4 R21 Trustees’ Annual Report and Financial Statements 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. During the period R21 recruited new volunteers, and raised vital funds. Without these partners, R21 would not exist. Green Pastures paid for many of the costs associated with renovating the properties, while Hope Church Bedlington continues to provide volunteers and a monthly financial contribution. ## **Management, Employees and Volunteers** ## **Employees** : R21 employed 3 support workers during the period. 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 five people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 2500. The trustees would like to record and acknowledge their gratitude for the tremendous contribution our volunteers made during the period. ## **Statistics (Grouped Across Projects)** ## **Attendance** |**Attendance**|||||| |---|---|---|---|---|---| ||2024-25|2023-24|2022-23|2021-22|2020-21| |Number of referrals|25|20|7|1|0| |Number using service|19|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. Five of the nine R21 properties are within an old pub, and during the period R21 successfully renovated the building, welcomed new residents into it and established an activity space and admin space within the building. R21 is able to support both male and female victims and their children. Twenty five referrals were received in the period reported on, and we housed fourteen adults and five children. We also Registered Charity Number: 1195921. Registered in England 5 R21 Trustees’ Annual Report and Financial Statements continued a weekly support group, social activities and our 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 fourteen family units housed and supported during the year, six 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 2025.** ## **Opening comments:** During the operating period for R21 it depended on housing benefit payments, grants and donations, the largest of which was made by Hope Church Bedlington (CIO no.1153786). 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 2024-25 period amounted to £133,437.87 compared to £78,190.15 in 2023-24. During the year donations came from Hope Church Bedlington and individuals. Our cash balance Increased from £20,547.58 to £25,737.92 ## **Progress since the end of the year:** R21 employed a Support Manager, and is continuing to improve it’s support planning and service. R21 has also returned one property (Pioneer) back to the Freeholder, leaving R21 operating 8 properties in all. ## **Banking Arrangements** CAF Bank Ltd is R21’s banker and currently R21 uses a cash (current) account. ## **Accountants** Prepared using QuickBooks Signed on ____________________________ Thomas Gallagher (Acting 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 2025_ ## **Income and Expenditure** ||**Notes**|**Unrestricted**
**Funds**
**£**|**Restricted**
**Funds**
**£**|**Total**
**2025**
**£**|**Total**
**2024**
**£**| |---|---|---|---|---|---| |**Income from**|||||| |Grants, Donations and
Legacies|8|10,473.28|0|10,473.28|20,895.34| |Service/Fee income||121,637.03|0|121,637.03|57,072.24| |Refunds||1,280.78|0|1,280.78|222.57| |Investment income||46.78|0|46.78|0| |Other|||||| |**Total Income**||**133,437.87**|**0**|**133,437.87**|**78,190.15**| ||||||| |**Expenditure on**|||||| |Charitable activities||**126,568.53**|0|**126,568.53**|51,446.16| |Raising funds||0|0|0|0| |Asset Depreciation||2,447.34|0|2,447.34|3,077.37| |Other||0|0|0|500| |**Total Resources**
**Expended**|**13**|**129,015.87**|**0**|**129,015.87**|**55,023.53**| ||||||| |**Net Movement in**
**funds**||**4,422**|**0**|**4,422**|**23,166.62**| |**Reconciliation of**
**funds**|||||| |Total funds brought
forward||26,217.94||26,217.94|3051.32| |Transfer between
funds||0|0|0|0| |**Total funds carried**||**30,639.94**|**0**|**30,639.94**|**26,217.94**| Registered Charity Number: 1195921. Registered in England 9 R21 Trustees’ Annual Report and Financial Statements **forward** ## **Balance Sheet** As at 31st March 2025 ||**Notes**|**2025**
**£**|**2024**
**£**| |---|---|---|---| |**Assets**|||| |Tangible Assets|4|4,902.02|5,670.36| ||||| |Current Assets|||| |Cash at Bank and in hand||25,737.92|20,547.58| ||||| |Liabilities|6|0|0| ||||| |**Net Current Assets**||**25,737.92**|**20,547.58**| ||||| |Total Assets Less Current Liabilities||**30,639.94**|26,217.94| ||||| |Net Assets||**30,639.94**|26,217.94| ||||| |Represented by|||| ||||| |General Unrestricted funds||25,737.92|20,547.58| |Tangible assets||4,902.02|5,670.36| |Restricted funds|7|0|0| ||||| |**Total Funds**||**30,639.94**|**26,217.94**| Registered Charity Number: 1195921. Registered in England 10 R21 Trustees’ Annual Report and Financial Statements For the year ended March 31st 2025 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. 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 9-15 were authorised for issue by the trustees on and signed on their behalf by Thomas Gallagher Acting Chair & Secretary Anne Watson Trustee 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. £725.96 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 £100 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: - Unrestricted: Funds to be used with discretion in accordance with the charitable objective of the charity. - Restricted: These funds have been restricted by the donor to a specific use within the charity’s objectives. ## 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 ||2025
£|2024
£| |---|---|---| |Wages and Salaries|22,190.41|7,961.39| |Employers NI|513.53|39.19| |Pension Costs|725.96|53.22| ||**23,429.90**|**8,053.80**| No employee received emoluments of over £60,000 during the year (2024: nil). No trustee received any remuneration. No connected person was employed. ## 4: Tangible fixed assets ||Fixtures and Fittings|Total| |---|---|---| |**Cost**|£|£| |At 1st April 2024|9,232.10|9,232.10| |Additions|1679|1679| |Disposals||| |**At 31st March 2025**|**10911.10**|**10911.10**| |||| |**Depreciation**||| |At 1st April 2024|**3,561.74**|**3,561.74**| |Charge for the year|2,447.34|2,447.34| |Disposals||| |**At 31st March 2025**|**6009.08**|**6009.08**| |||| |**Net Book Value**||| |At 31st March 2024|**5,670.36**|**5,670.36**| |**At 31st March 2025**|**4,902.02**|**4,902.02**| Registered Charity Number: 1195921. Registered in England 13 R21 Trustees’ Annual Report and Financial Statements ## 5: Commitments R21 has a commitment to lease 6 properties from Green Pastures, a housing charity, that expires in 3 years’ time. These total £2650 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. ## 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 2025. ## 8: Main Funders Hope Church Bedlington ## 9: Related Party Transactions R21 received no donations from the Trustees in the year 2025. (2024: nil) ## 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 four people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 2500. 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 14 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 £| |1: HR|23,429.90|1223.10|24,653||24,653| |2: Renovations
& Repairs|24,618.18||24,618.18||24,618.18| |3: Ofce/Admin|334.97|3,196.51|3,531.48||3,531.48| |4: Direct
Housing Costs|70,626.70||70,626.70||70,626.70| |5: Insurance||1,756.17|1,756.17||1,756.17| |6: depreciation||2,447.34|2,447.34||2,447.34| |7: Governance|||||| |8: Direct
Fundraising
Costs|||||| |9: Sundries|||||| |10: Other costs||1,383|1,383||1,383| |**Total**|**119,009.75**|**10,006.12**|**129,015.87**||**129,015.87**| Registered Charity Number: 1195921. Registered in England 15 ## **R21** Trustees’ Annual Report and ## Financial Statements For the year ended 31st March 2025 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)**|**5**| |Attendance|5| |**Activities and Achievements**|**5**| |**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 fnancial 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|14| |7: Movement in restricted funds|14| |8: Main Funders|14| |9: Related Party Transactions|14| |10: Trustee Expenses|14| |11: Independent Examiners fee:|14| |12: Volunteers|14| |13: Analysis of expenses|15| 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 2025** ## **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. Helen took a
9-month sabbatical (break) from June 2025| |Thomas Gallagher|Appointed as Trustee 24/09/21 for 3 years,
appointed as secretary and treasurer 24/09/21,
re-elected 9/1/25 for 5 years| |Elizabeth Anne Watson|Appointed as Trustee 24/09/21 for 2 years,
re-elected 1/10/23 for 5 years| |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 no new trustees were 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. Registered Charity Number: 1195921. Registered in England 4 R21 Trustees’ Annual Report and Financial Statements 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. During the period R21 recruited new volunteers, and raised vital funds. Without these partners, R21 would not exist. Green Pastures paid for many of the costs associated with renovating the properties, while Hope Church Bedlington continues to provide volunteers and a monthly financial contribution. ## **Management, Employees and Volunteers** ## **Employees** : R21 employed 3 support workers during the period. 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 five people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 2500. The trustees would like to record and acknowledge their gratitude for the tremendous contribution our volunteers made during the period. ## **Statistics (Grouped Across Projects)** ## **Attendance** |**Attendance**|||||| |---|---|---|---|---|---| ||2024-25|2023-24|2022-23|2021-22|2020-21| |Number of referrals|25|20|7|1|0| |Number using service|19|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. Five of the nine R21 properties are within an old pub, and during the period R21 successfully renovated the building, welcomed new residents into it and established an activity space and admin space within the building. R21 is able to support both male and female victims and their children. Twenty five referrals were received in the period reported on, and we housed fourteen adults and five children. We also Registered Charity Number: 1195921. Registered in England 5 R21 Trustees’ Annual Report and Financial Statements continued a weekly support group, social activities and our 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 fourteen family units housed and supported during the year, six 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 2025.** ## **Opening comments:** During the operating period for R21 it depended on housing benefit payments, grants and donations, the largest of which was made by Hope Church Bedlington (CIO no.1153786). 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 2024-25 period amounted to £133,437.87 compared to £78,190.15 in 2023-24. During the year donations came from Hope Church Bedlington and individuals. Our cash balance Increased from £20,547.58 to £25,737.92 ## **Progress since the end of the year:** R21 employed a Support Manager, and is continuing to improve it’s support planning and service. R21 has also returned one property (Pioneer) back to the Freeholder, leaving R21 operating 8 properties in all. ## **Banking Arrangements** CAF Bank Ltd is R21’s banker and currently R21 uses a cash (current) account. ## **Accountants** Prepared using QuickBooks Signed on ____________________________ Thomas Gallagher (Acting 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 2025_ ## **Income and Expenditure** ||**Notes**|**Unrestricted**
**Funds**
**£**|**Restricted**
**Funds**
**£**|**Total**
**2025**
**£**|**Total**
**2024**
**£**| |---|---|---|---|---|---| |**Income from**|||||| |Grants, Donations and
Legacies|8|10,473.28|0|10,473.28|20,895.34| |Service/Fee income||121,637.03|0|121,637.03|57,072.24| |Refunds||1,280.78|0|1,280.78|222.57| |Investment income||46.78|0|46.78|0| |Other|||||| |**Total Income**||**133,437.87**|**0**|**133,437.87**|**78,190.15**| ||||||| |**Expenditure on**|||||| |Charitable activities||**126,568.53**|0|**126,568.53**|51,446.16| |Raising funds||0|0|0|0| |Asset Depreciation||2,447.34|0|2,447.34|3,077.37| |Other||0|0|0|500| |**Total Resources**
**Expended**|**13**|**129,015.87**|**0**|**129,015.87**|**55,023.53**| ||||||| |**Net Movement in**
**funds**||**4,422**|**0**|**4,422**|**23,166.62**| |**Reconciliation of**
**funds**|||||| |Total funds brought
forward||26,217.94||26,217.94|3051.32| |Transfer between
funds||0|0|0|0| |**Total funds carried**||**30,639.94**|**0**|**30,639.94**|**26,217.94**| Registered Charity Number: 1195921. Registered in England 9 R21 Trustees’ Annual Report and Financial Statements **forward** ## **Balance Sheet** As at 31st March 2025 ||**Notes**|**2025**
**£**|**2024**
**£**| |---|---|---|---| |**Assets**|||| |Tangible Assets|4|4,902.02|5,670.36| ||||| |Current Assets|||| |Cash at Bank and in hand||25,737.92|20,547.58| ||||| |Liabilities|6|0|0| ||||| |**Net Current Assets**||**25,737.92**|**20,547.58**| ||||| |Total Assets Less Current Liabilities||**30,639.94**|26,217.94| ||||| |Net Assets||**30,639.94**|26,217.94| ||||| |Represented by|||| ||||| |General Unrestricted funds||25,737.92|20,547.58| |Tangible assets||4,902.02|5,670.36| |Restricted funds|7|0|0| ||||| |**Total Funds**||**30,639.94**|**26,217.94**| Registered Charity Number: 1195921. Registered in England 10 R21 Trustees’ Annual Report and Financial Statements For the year ended March 31st 2025 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. 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 9-15 were authorised for issue by the trustees on and signed on their behalf by Thomas Gallagher Acting Chair & Secretary Anne Watson Trustee 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. £725.96 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 £100 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: - Unrestricted: Funds to be used with discretion in accordance with the charitable objective of the charity. - Restricted: These funds have been restricted by the donor to a specific use within the charity’s objectives. ## 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 ||2025
£|2024
£| |---|---|---| |Wages and Salaries|22,190.41|7,961.39| |Employers NI|513.53|39.19| |Pension Costs|725.96|53.22| ||**23,429.90**|**8,053.80**| No employee received emoluments of over £60,000 during the year (2024: nil). No trustee received any remuneration. No connected person was employed. ## 4: Tangible fixed assets ||Fixtures and Fittings|Total| |---|---|---| |**Cost**|£|£| |At 1st April 2024|9,232.10|9,232.10| |Additions|1679|1679| |Disposals||| |**At 31st March 2025**|**10911.10**|**10911.10**| |||| |**Depreciation**||| |At 1st April 2024|**3,561.74**|**3,561.74**| |Charge for the year|2,447.34|2,447.34| |Disposals||| |**At 31st March 2025**|**6009.08**|**6009.08**| |||| |**Net Book Value**||| |At 31st March 2024|**5,670.36**|**5,670.36**| |**At 31st March 2025**|**4,902.02**|**4,902.02**| Registered Charity Number: 1195921. Registered in England 13 R21 Trustees’ Annual Report and Financial Statements ## 5: Commitments R21 has a commitment to lease 6 properties from Green Pastures, a housing charity, that expires in 3 years’ time. These total £2650 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. ## 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 2025. ## 8: Main Funders Hope Church Bedlington ## 9: Related Party Transactions R21 received no donations from the Trustees in the year 2025. (2024: nil) ## 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 four people regularly volunteering during the period, and other people volunteered on a one-off basis. The volunteer hours totalled over 2500. 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 14 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 £| |1: HR|23,429.90|1223.10|24,653||24,653| |2: Renovations
& Repairs|24,618.18||24,618.18||24,618.18| |3: Ofce/Admin|334.97|3,196.51|3,531.48||3,531.48| |4: Direct
Housing Costs|70,626.70||70,626.70||70,626.70| |5: Insurance||1,756.17|1,756.17||1,756.17| |6: depreciation||2,447.34|2,447.34||2,447.34| |7: Governance|||||| |8: Direct
Fundraising
Costs|||||| |9: Sundries|||||| |10: Other costs||1,383|1,383||1,383| |**Total**|**119,009.75**|**10,006.12**|**129,015.87**||**129,015.87**| Registered Charity Number: 1195921. Registered in England 15 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of R21 On accounts for the year and 61 3. 2015 Charity no {if any) 1195921 Set out on pages I report to the trustees on my examination of the accounts of the above charity {Ihe Trusf) for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordan￿ with the requirements of the Charities Act 2011 nhe Acr). I report in restEd of my examination of the Trust's accounts canied out under section 145 of the 2011 Act and in carying out my examination. I have followed the applicable Directions given by the Charity Commission under section 145(5)