Registered Charity number 1196211 Areterra CIO Report and Accounts 31 October 2024
Aretetta CIO Trustses, Annual Report Year Endèd 31 Octobèr 2024 The trustees are pteased lo present their Annual Trustees, RetKsrt tcJelher wrth the accounts of the charity for the year ended 31 October 2024.. AIMS AND OBJECTIVES Arelerra is a CIO I Charrtable Incorporated Organtsatn I whh has been set up for the public benefit lo relieve the needs of those aged between 21- 65 who have learning disability and l or asscriated mental health condth'on iegdiro in KK1deminsler and the surrounding aas. MAIN ACTIVITIES OF THE CHARITY The main actwitÈs of Aterra are.. Providing lrfe and practul skills programmes.. ConseNalK>n, environmentsl and hortKuMural workshops and projects", Opportunrties to Interact wrth animals in a calm and safe environment TRUSTEES STATEMENT ON COMPLIANCE WITH THE GUIDANCE ISSUED BY THE CHARITY COMMISSION ON PUBLIC BENEFIT The Iru51ees have read and can confirm that they have fijll regards to the gubJan on public benefrt Issued by the Charity commiss1. ACHIEVEMENTS Arelerra's main achievements durrng the year are listed telow. All of which have involved supporthng individuals wth leaming disabilities to overcome the feeling of isolation A Suc$1 of £ 10.000 from the Nanal Lottery Communty Fund malerialised during Ihe year. The funds were trIcted for the cOnstructn of a new aviary and for the help with staff wage$ Designed and conslrucled a lar9e aviary lo accomm(ale a bfeeding pair of Blue & Gold Macaws. This enable5 member5 to leam atrM)Ut breeding and conservabon of the Macaws. We also useé part of the funding lo create a flh1 area for the mawS at the entrance to the site whereby reMe can srt on a bench to watch the birds. A new area was created to house a snothei tsble l was donated to Areterra I and for playing darts and doing craft Vr)rk. A large guinea pig enclosure was COnstrL to fill with additKJnal guinea pigs lo help with our therapeube animal sessions.
Areterra CIO Trustees, Annual Report Year Ende(131 October 2024 FINANCIAL REVIEW REVIEW OF THE YEAR The results lor the year and the charity's financkql wglion at the end of the year are included In the attached accounts 11 had income of £ 55,993 and expenditure of £ 53,316. There was an operalhJnal net ineome 01 £ 2,677. At 31 October 2024. the chanty haj net ltabllrt of £1751 1 ¥thh was unrestncted. REVIEW OF TrIE FINANCIAL POSITION Arelerra's financial postbon al the end of the year Is deemed to be stabk. It Is envisaged that over the next 12 months. the charty wll te In a FK)sibon to obtain additsonaj income by way of future fund raising acb'vitses RESERVES POLICY The charity has been reinvesting all surplus incc¥ne in ordef it to continue developing the sile. The Iruslees consider the level of reserves, £1751 1. are pfudent for the charity at this time tsking into account potential liabile$ in the event th* the chanty cease lo operate. Our ReseThes Policy is reviewed annual. FUTURE PLANS The charity Is operating In a very drfficult and uncertain financial times. however. the Inislees a confident of the projects bngevity. We are frKusing on assimilating leaming into new strale9iC development for the organisalion as we start working on oui next long tem strategic plan The k)ng lem fundraising remains a key prk)nty for us. Focus remains on establishing and Increasing our staff team. tsking in consideration the skill and increased wellking requirements imposed by the condilions and the financhal realities within which we operate. We are in the process of negotsts.on to buy a 4 aue plot to develop as a large Sca project FLtrthermore. we conkn'nue to strive to better MUnICate our work and &hievemenl with our suptx)rter and the wder communty.
Areterra CIO Truste, Annual Report Year Ended 31 October 2024 REFERENCE ANO ADMINSSTRATIVE DETAILS Registered Chafity name. Arelerra Charity Number.. 11211 Principal address". Litue Croft Fenn Green Alveley Bndgnorth Shropshire WV15 6JA Banks". Metro Bank HSBC Bank BOARD OF TRUSTEES AND ITS MEMBERS Robert Kilbum I Chairman I Ethan Kilburn I Secretary- apwinled on 18 May 2024) Caroline Crumplon l ResKJned - 22 January 2024} William Garrett Nicholas Thomas Jonathan Kilburn Andrew Toomey Sam Chrzaszcz Amelia Kilbuml Resigned - 22 January 2024) STRUCTURE. GOVERNANCE AND MANAGEMENT Areterra CIO was registered with the Charty Commission on 19 Odoter 2021 11 is governed by ils consbtution and is managed by a Board of Trustees. Apart ftom the first ehanty Iruslees, every trustee Is apwinled for a term of three years by a resolution passed at a property convened meeb'ng of Board. In selecting IndNiduals for ap[HnIment as the charity's trustees. the Board will have regard lo the skills. knowledge and experEnce led for the effective administration of the chanty. RISK MANAGEMENT The Board of Trustees has conducted Ils own ¥W of the major risks lo which the charity Is exposed and systems has been established to mitigate those risks Internal nsks are minimised by the implementation ol procedures for authorisatson of all Iransacbons and projects and for ensunng the consistent quality of the delivery of all operatKTrnal aspects of the charity. These procedures are regularty Teviewed to ensure that they still meet the needs of the chartty
Areterra CIO Tru$lees' Annual Report Year Ended 31 October 2024 Statement of Trustees, Responsibilities The trustees are responsible for preparing the Twstees, Annual ReFQrt and the financial 5talemen15 In accordan wlh applble law and Unrted lQ"ngdom Accountsng Standards (United Kingdom Generalty Accepted Accountsng Practy¢el Charity SORP requires the trustees lo prepare financial stslements for each financial year which give a true and fair view of the stsle of affairs of the charity and of incoming resources and application of resources. Including the receipts and payrnents of the charity for that year. In prepanng those financial statements the truslees are required lo Select suitable ac£ounlin9 pOlS and apply thern consistentty". Observe the melhLxls and prinCApS in the tharib.es SORP., Make judgements aTrJ ests"mates that are reasonabbe and prudent.. Stsle whether applicable accounling standards have been folbwed. subject to any material departures disclosed and explained in the financkal statements," Prepare the financial statements on the going corbcem basis unkss rt is inappropnale lo presume that the charty wll contsnue In operabon. The Iruslees are responsible for keeping accounbng records that disclose with reasonab accuracy at any time the financol positn of the charity. They are also resFK)nsible for safeguarding the assets of the charity an¢J hence foi taking reasonable slep5 for the prevention and dele¢lKJn of frau¢J and olhef irregularit5. Approved by the Trustees on 11 Mafch.2025 an(J signed on their behatf f4 0/6th . R Kilburn Chairman of the Board of Trustees
Areterra CIO Independent Examlnerfs Report To The Trustees Year Ended 31 October 2024 I report on the finanaal statemenls of Areteira CIO for Ihe year erKled 31 October 2024, which are sel out on pages 1 10 6. Respe¢tive responslblllties of trusl•es and examiner The chanty's trustees are responsible for the preparabon of the accounts The chanty'5 trustees eon5ider that an audit is not required for this year under SeCtn 144 of the Charibes Act 2011 I'lhe Charitses Acri and that an independent examination is needed. Hawng satisfied myself that the chanty is not subject to audrt under company law and is eligible for inijependent examinab'on, it is my reswnsibility to". Examine the a¢unts under S"0n 145 of the charib.es Acl. To fOlW the pr¢xedures laK1 down in the general direcons given by Ihe Charity Commission l under 5ecb.on 14515}Ibl of the Chafities Act}, and To slate whether paClar matters have come lo my attentK)n. Basis of Independent examlne¢s stalement My examination was carried out In accordance with general directs.ons given by the Charity Commission An examinatn incle$ a review of the accounting records kept by the charity and a comparison ol the accounts presented with those Tecords. It also includes consideration of any unusual Items or disclosures in the accounts. and seeking explanations from the trustee5 Conrning any such matters. The procedures undertaken do not provkle all the evidence that would be require(l in an audit. and consequently no onn Is gNen as lo whether the accounts present a 'irue and fair view. and the report ts "mrted to those matters sel out In the stalernenl below. Ind9pgndont gxamingrf$ stalgmont In connection with my examination, no material matters have come to my attenb.on which gives me caL6se to believe that in, any material resFet. The accountsng records were fK)t kept in accordance with section 130 of the Charilies Acl" or The accounts did nol accord t•Mh the accwnty.ng record5 ". or The accounts ¢Jid not comply wrth the applicable requirements cOreming the form and conlenl of aecounls set out in the Chanlies l Accounts and Reports l Regulabons 2008 other than any requirement that the aUnts give a 'tnte and fairf view which Is not a matter consKJered as part of an in(lependent examinatr)n. ve come across no other matters In connecbon vAth the examinatson to whh attentson should drawn in Ihis report in order to enable a proper uThJerstanding of the accounts lo be reache rifeen Arsfeen & Co Chartered Certrfied Accountants 52 Portland Road Birmingham B169HU 11 March 2025
Areterra CIO Statsment of Financial Activilles for the year ended 31 October 2024 2024 2023 Incom• 55.956 33,940 Other income 37 Total Incom• 55.993 33,940 Staff costs Depreuats"on and other anv)unts wyttten off asyets Other chaiges 131,3191 12481 121.7491 118,9C4)1 115.6081 2.677 15681 Not 4n¢om• I I d•fi¢lt I 2.677 5681
Areterra CIO Registered Charity numbgr Balance Sheet as at 31 October 2024 1196211 2024 2023 Fed asset5 742 Current assets S.077 1.076 Prepayments and actyued incryne 1.250 6.327 1.076 Credrtors. amounts tslhng wthin one year 17,8201 4.5041 Net current liabilikn.es 11.4931 17511 751 13,4281 13.4281 3,428 Total ass5 l•ss cuff•nt liabilths N•t liabilitiès Reseryes 751 3.4281 Notes on pages 3 to 6 form part of these accounts. 00/fv Robert Kilbum Chairman and trustee Approveil on L*haff of eoard of Trusté•s ¢)n 11 March 2025
Aret•rra CIO Accounting policbès for the year ended 31 October 2024 Accounting Polkl•s The prin& coun.ng pJlo¥$ ipted in the preparalicffi ol the finanrAal ststements are as follow5.' 2 Basis of accounting 2.1 Basis of prnparation These accounts have been prepared under Ihe historical cost ccfflvenbon items recognised at cost or transacbon value unths other¥¥ise slatsd in the relevant notelsl to these accounts. The aoUnt5 have been prepared in cordance Accounbng and RepNb"ng by Charibes." Statement of Recommended Praclice apphcable to char.e$ ppanng their accounts in accordanc£ ¥th the FinanrAal ReForhThJ Standard applicable In the UK and Republ ol Ireland IFRS 1021 leffedive 1 January 20151- Chanbes SORP IFRS 1021. the FinarKial Rewb"ng stsr8rd applicable in Ihe UK and RepublK of Iland IFRS 1021 and the Charities Act 2011. 2.2 Preparation of the accounts on a going concorn bo¥i• The trustees are ofthe v1tr•4 that immedi8 ftrture ofth8 d)anty fof the n•xt 12 to 18 months is sècure and that M thbs bast5 the tharty 15 a going (¥y. 3 Incomg 3.1 Recognition ol incom Income is re(y)gnisÈd when the 18rity has entiyemenl to the ies(xJrGes, any peffomanctr condth'on$ attached ¢0 Ihe item{sl of tncome have been met. it is MO likely than not that Ihe resources will be recwved and the monetary value can be measured wth suffiryent reliability. 3.2 Gronts and donations Income from grants. whether'captaf gra[ or'revenue, grants. is recognised when the chanty has entittemerrt to the fund5. any perfornance c4Jndthns attathed to the grants havè been met. rt is pfobable that th& income will be rec8w8d and the rnnt can be measuied liably and i8 not deferyed. Income ceived in advance of the wovi$y) of a $peufied swic4 is dèferrnd until the cnteria ol income ieLyJgnth"on are met 3.3 Volunteer help The value of vdunteer help receNed is not irKluded in the accounts. 3.4 Int•rt I1¥&blo Interest on funds hehl on deposrt Is indude(I when reeVab and the amount can be measured reliably by the thanty". Ihis Is normty noIrf"¢)rt of the Interest pakl or payabl• by thè bank
Areierra CIO Accounting policies for th• y•af •nd•d 31 Octob•r 2024 3.5 Fund a¢countin9 Unrestricted fvnds are availab to spend on xl5ve9 that further any ofthe purposes of the charty. Designated ftjnds are unrestncaed funds of the chanty vthich the trustees have deced at their discretion to set aside to use for a sOfi¢ purpose. Restricaed lunds are donations which the dor#y has speufied are to be sdely used for partljIar areas of Ihe Cha¥S work CK for specffic projects L"n9 undertaken by the charty. 4 Expenditure and liabilit5•8 4.1 Liability recognition Li8.11t1es are re(rynised %then it is rnots likely than not that there 15 3 legal or oJn5trucbve obli9abon wmmrttyng the charity to pay out resources and the anKsunt ol obligatson can be measured reasonaNe certainty. 4.2 Chritsbl• acbviti•s Expenditure on chafitablè ak"vtrs IrKIleS the costs ofwork and other actiwties undertaken to further thè pu0$e3 of the charity and their assoaated support costs
Areterra CIO Detailed Statoment of Flnanclal Activib for the year ended 31 Octob8r 2024 2024 2023 Income Restncted funding Unre3tncted funding 10.000 45.956 33.940 33.940 55.956 Other Incomo Interest recèivable 37 Staff costs Wages and salaries 18ee I Pensions 31,319 18,830 70 31,319 18.900 Depr•ciation and otsr amwnts wrillw off as•ots Oepretsation 248 Other chargtrs Premises cost5. Light and heat 1.593 1.593 925 925 General administrative ewse5'. Tdephone and Internet Postage and sts¢M)nery Vet. supplies and repairs to the end08ures18ee rcle tkY} Subscnptions Bank charges Insurance Motor expanses Bird purchase General repairs and maintenanc• Sundry expenses 931 404 8.168 422 88 712 6,491 120 304 640 18.280 45 550 9920 10 2.058 540 13.158 Legal and wofessThal $ts." Accountarq f•és 1.876 1.876 1.525 1,525 21.749 15.608 NOTE.. RESTRICTED EXPENSES The Restricted Expenses indud8d in the aÈove txrenses arè". Wages and salaries Repaiis to the aviary 7,200 2.800 10.000
Ar•terra CIO Detailod Balance Sheet Item# as at 31 October 2024 2024 2023 Fixod Plant and machinery etc 742 Current a1* Trade debtors Cash at bank and in hand 1.120 3.957 5,077 1.076 1.076 Pr8paym•nts and •CCTu•d incom• PTepayments 1.250 Crlt0. •mounts tallin9 due wrthin one y•ar Loan Other taxes and stiaal secunty costs Other creditors 1.456 2.265 4.099 7,820 2.477 479 1,548 Reserves 1751) 13.428 Surplus I I dèfecit l account Brought foThvard Net income I I deficrt I 13.4281 2.677 (751 12.8601 1568) 3,428