Charity Number: 1199225
The People’s Recovery Project
(Charitable Incorporated Organisation)
REPORT AND FINANCIAL STATEMENTS
1st April 2024 to 31st March 2025
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The People’s Recovery Project
(Charitable Incorporated Organisation)
CONTENTS
| Page 3 Legal and Administrative Information |
|---|
| Page 4 The Chair’s Foreword |
| Page 5 Refections of a Community Member |
| Pages 6 to 10 Statement from the Board of Trustees |
| Page 11 Independent Examiner’s Report |
| Page 12 Statement of Financial Activities |
| Page 13 Balance Sheet |
| Pages 14 to 21 Notes to the Financial Statements |
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LEGAL AND ADMINISTRATIVE INFORMATION
Charity Number 1199225
Date of Registration
9th June 2022
Start of Financial Period
1st April 2024
End of Financial Period
31st March 2025
Trustees at 31 March 2025
David Brown (Chair of Trustees) James Shoreland Jessica Harris Gemma Beagley Robert Robinson Thomas Allen
Legal Status
Charitable Incorporated Organisation
Governing Instrument
CIO - registered with the Charity Commission 9th June 2022
Objects
For the public benefit, to preserve and protect the health of people who are homeless or at risk of becoming homeless who are experiencing addiction and drug dependency, by the provision of treatment and recovery opportunities.
Correspondence Address
7 Bell Yard, London, WC2A 2JR
Primary Bankers
Barclays Bank, 1 Churchill Place, E14 5HP
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THE CHAIR’S FOREWORD
As our second full year of operation comes to a close, I want to offer some reflections on The People, The Project and ‘Recovery’.
First the People. We are more than we were before. Ed and Nathan’s tireless work to drum up support for the long term future of the organisation, and their ability to make partnerships with shared commitment to our bold vision, has meant we have been able to secure enough funding to expand the people who work for us. We welcomed Khosru, whose personal journey of recovery is so inspirational and beneficial to our entire community, and then, as we begin our year 25/26 we will be joined by Jill and CK expanding our reach and benefit deeper and wider into the community. As we have grown and stabilised, our reach begins to increase, providing care and support to the people who need it most, when they need it.
So The Project is well on the way. Nathan and Ed have evolved yet further this year into the leaders and ‘Project Managers’ the scale and scope of their vision demands. In amongst all the day to day challenges of the Project - notwithstanding some significant personal challenges - our two leaders have developed their capacity for meaningful reflection and their commitment to supporting one another to create the very best outcomes for the community. The task we have set ourselves is big and bold and complex and involves highly sensitive, emotional, unpredictable challenges, and no one is under any illusions about how difficult it can sometimes be to lead a project through such choppy waters. It is by acknowledging our imperfections, and by supporting each other to learn, grow and keep going, that we sustain the resilience to deliver this project over as long a period as it takes.
And finally, Recovery. The origin of the word is capere - “to capture, take or seize” - and re means “again”. So our recovery is a process of taking back, or regaining something which has been lost. Many of the people who Ed and Nathan first engage in our community preparation groups feel like almost everything has been lost. Slowly, carefully, we help them find themselves again. And for us it is also a process of Discovery, of uncovering more insight and wisdom about how we operate. From an organisational perspective, these twin journeys of Discovery and Recovery will, I think, be a feature of our story for years to come. We have large projects on the horizon and a readiness to continue striving towards our vision. Amongst a backdrop of doom and gloom, let us show, one case at a time, that a different way is possible and that with support, love and funding at the right moment, the People can and will Recover.
David Brown (Chair of the Board of Trustees)
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Community Member Reflections
The moment I waltzed into the arms of The People’s Recovery Project, something inside of me uttered to me that I was in the right place, I need not search any further and that I would be well again come hook or crook. My quest was to find an organisation that would, with love and care, help me with my addiction and homelessness. I had reached the end of my tether and found myself in a very sticky, unsavoury, unfavourable and vulnerable situation. There are endless narratives I could use to describe my plight but I will stop there.
On finally acknowledging the trouble I was in and that I required professional help to get me out of it, I managed to draw up a plan. My aim was that assisted by recovery my goal was to rehabilitate, rehouse and reintegrate back into society a better person than I was whilst captured by addiction. Through a very good friend of mine, whom I thank God for always, I was introduced to The People’s Recovery Project.
After a couple of missed calls from both parties, I was invited for an assessment which turned out to be more of an informal meet and greet with two members of the team. The warmth of the welcome, understanding and empathy I received was outstanding to say the least. From that day forward it would be extremely difficult to single out any member of the team for praise. For in equal measure, their desire to help, sincerity in motion, patience and trust would continue to amaze me. With a team like this behind you, only you yourself can screw up.
The People’s Recovery Project offers a non judgemental hands on service that only requires for you the afflicted individual to want change. Even though part of their support plan is through therapeutic and energising group sessions which are akin to a loved one putting their arms around you, enveloping you in an almighty hug and telling you everything is gonna be alright, they also individually tailor your needs so you can obtain the best results for you.
The People’s Recovery Project played an instrumental and pivotal role in my coming off the streets from the vulnerable environment and homeless situation I was in, to getting accepted for treatment in a rehabilitation centre. Upon reflection, there is no way on God's green earth I could've done it or be where I am now without The People’s Recovery Project team.
I am on a journey to recovery. A journey that will result in me achieving my 3 Rs that I had set out as my goal: re-habilitate, re-integrate and re-house. And I will hold steadfast in the knowledge that The People’s Recovery Project are with me all the way. The People’s Recovery Project team are like angels sent out to help us: those who are in the captivity of addiction and homelessness. They believed in me wholeheartedly and that virtue alone made me feel empowered. The time and effort they put in is second to none. They are always there for support, advice and encouragement, and to take you out on field trips.
Without any pressure, the team has taught me that change is entirely up to me. However, they shall be there to guide and support and assist. I am fully aware that the road to recovery is a long and winding one, but I am fully confident that with the kick start The The People's Recovery Project has given me, that I will succeed.
Michael (Community Member)
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STATEMENT FROM THE BOARD OF TRUSTEES
Objects of the Charity
The People’s Recovery Project achieved charitable status in June 2022. The charity aims to create additional, alternative and faster routes out of homelessness and into recovery for people experiencing homelessness and addiction in order to see more people who have experienced homelessness and addiction achieve fulfilling lives in sustained recovery.
Main Activities for the benefit of the public in the Period
The trustees have read the guidance issued by the Charity Commission on public benefit and will deliver the charity’s projects within the guidance.
Main Achievements of the Charity in the Period
The end of financial year 2024-25 represents the end of the second full year of operation of The People’s Recovery Project. In our first year of operation we were focused on building the foundations of a new organisation, developing our ideas and bringing them to life, supported by our community members living in sustained recovery. In year two we have taken these ideas and started to put them into practice, testing each strand of our approach: preparation, treatment and aftercare. We have taken an organisation from its infancy, that could only see its existence in 3 month periods, to one that can now look ahead and envision the work we will be undertaking in 3 years. In the current financial environment and uncertainty in the charitable sector, where so many organisations are struggling to survive and many closing their doors to operational activities, this is no mean feat.
The People’s Recovery Project was born out of a collective frustration that there are limited opportunities for people experiencing homelessness and addiction to build sustained recovery following these experiences. And so few opportunities for people to ever have the opportunity to go to residential treatment. When we hold space with our community there is an excited anticipation in the air, that through our community approach, perhaps there is a different outcome for people. We have spent the second full year of our organisational operation trialling and testing our innovative ideas and new ways of working with people. We are starting to see the positive impact that this is having on our community members, and envisioning the wider impact that is possible over the next few years if we continue to reach out to people who, over many years, have seemingly lost hope in a system that is not designed for, or by them.
Our work: FY 2024-25
For FY 2024-25 we are delighted to have been commissioned by the London Borough of Hackney to provide bespoke interventions to individuals resident in the borough. From our origins we have tied our development and approach to the Dame Carol Black review and the UK government’s 10 year drug strategy, which is clear that there is a need for new and innovative approaches to address the ever challenging issues surrounding homelessness and addiction.
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So often we hear calls for new and innovative approaches, but from our experience rarely do we see examples of this proposed innovation in practice. Funding historically seems to be directed towards established organisations to cover the financial gaps of years of disinvestment in services. Therefore we commend our local authority partner for taking a positive risk in commissioning our project to work with residents in Hackney at this early stage of our organisational journey. It has given us the stability required to embed our approach in East London, and with additional community grant funds that we have secured, we are able to offer our support to people throughout London who have identified our community as one they would like to be a part of. Through our work in Hackney we have been able to demonstrate progress towards our core aim of building sustained recovery for people experiencing homelessness and addiction. We hope that this impact will be noticed by other London authorities so that we can further embed our approach in a pan-London setting.
The following is a brief summary of our work throughout FY 2024-25, broken down into 3 distinct strands: preparation, treatment and aftercare:
Preparation
Throughout FY 2024-25 we have continued to run our preparation groups at the Museum of Homelessness in Finsbury Park, embedding our practice and building up a core group of people attending as we support them on journeys into detox and rehabilitation. In FY 2024-25 we held a total of 29 groups throughout the year which were attended by 29 unique individuals accounting for 106 combined attendances. What we have found is that once people are integrated into the preparation group that they find this extremely useful and tend to return for follow up sessions. Out of 29 unique individuals attending our groups 63% returned for a follow up session.
Our unique approach to preparation is crucial in supporting people to make the first steps towards exploring treatment and recovery opportunities. They are co-designed and co-facilitated by people with lived experience of the issues that those attending are seeking to address, offering a therapeutic space for reflection. We have established a space where people who have endured much hardship can come together and learn from each other's experiences. Utilising tools to support people to make positive changes: building healthy coping strategies, promoting mindfulness and supporting people to understand addictive behaviours that can lead to harm.
The group is constantly evolving, learning and growing together, and we seek to obtain feedback regularly. Michael, who has written at length about his experience working with The People’s Recovery Project as part of this annual report, is one example of the many people we have supported to make positive changes in their lives over the last year.
1) Treatment
Once people have attended a number of our preparation sessions we aim to sign consent and work with people towards their goals of accessing residential detox and rehabilitation. We undertake individual treatment pathway plans with people who have identified that they would
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like to work with us towards residential detox and rehab. In 2024-25 we completed individual treatment pathway plans with 6 unique individuals. Treatment pathway plans are completed in collaboration with our community members and inform what type of treatment they would like to access. They are a crucial step in navigating an individual's route into residential treatment. In 2024-25 we had 6 detox entries for 5 unique individuals. Out of these 6 detox entries, 3 were completed, and 2 ended in early discharge, and as of 31st March one person was still admitted in residential detox. In addition to these detox entries we also had one community enter into residential rehab, which led to our first community member graduating from residential rehab in February 2025.
2) Aftercare
Throughout FY 2024-25 we have continued to hold our aftercare community as a space where community members can come to support one another around challenges they are facing in their everyday lives. This weekly meeting is a space that provides mutual aid and support as people continue on recovery journeys. What we have learned is that the lead time for each stage of our work is long, and as we are still in the infancy of our project, our aftercare community remains small for now. It will continue to evolve and develop as we anticipate an increasing number of people entering and completing residential treatment.
Impact, Evaluation and Evidence
Over the last year we have continued to progress our ambition to build new evidence to show the huge benefits for individuals and society if people are able to access residential treatment and sustain recovery. We have progressed towards this by establishing and cementing our relationship with Dr Michela Tinelli, and the Care Policy Evaluation Centre (CPEC) at the London School of Economics and Political Sciences (LSE). Through NIHR funded Evidence Implementation Fund we have produced summary findings of our retrospective data analysis conducted with community members that shows the huge transformative impact of sustained recovery on individuals and society. We created films featuring some of our community members, funded by LSE Innovation, to accompany the data and bring these personal stories of recovery to life. In October we hosted an event at the London School of Economics, introduced by Dame Carol Black, to present our findings. We followed this up by taking 2 of our community members to the LX Addictions conference in Lisbon, to present on this aspect of our work. Over the next year we intend to develop this academic partnership, building the tools required to demonstrate our impact as we support more people on recovery journeys.
Looking to the Future
Over the course of FY 2025-26 our intention is to reach out to more people in the community who would like to explore treatment and recovery opportunities. We have now embedded our approach thanks to commissioned funding in the London Borough of Hackney and our community grant funding enables us to reach out to individuals across London, supporting our pan-London approach.
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We are making a concerted effort to reach more people, ensuring that we have as wide a pool of people to work with so that we can further embed our approach. Recognising that lead times for people to enter into residential treatment are long, we will have a renewed focus on meeting people early to ensure we are supporting people through our treatment pathway effectively. In 2024-25 we had one person complete a residential treatment stay, in 2025-26 we are setting a target of 3 rehab completions.
We are constantly learning, evolving and tweaking our approach. Through 2024-25 most of our activities were attended primarily by individuals who identified as male. Through consultation with women who attended our group we have made it an organisational priority to ensure an improvement in gender diversity across our activities. As such throughout 2025-26 we will be developing a women’s specific offer as we support the preparation for detox and rehab for people experiencing homelessness and addiction.
In 2025-26 we are going to consolidate the organisational learning that we have achieved over the last year, while increasing our impact and size of our staff team. Developing in a considered manner, staying true to our organisational values is our priority. But knowing that the work we have done over the last year has set the foundations for significantly upscaling our interventions and impact. Throughout 2025-26 we will have an eye toward the development of a 3 year pilot project, supporting 50 people through residential treatment from April 2026 to March 2029, working in partnership with local authorities and our academic partner.
Together there is a way.
FINANCIAL REVIEW
In the year to 31 March 2025, total income was £213,440 (2023/24 £163,202) and expenditure was £168,050 (2023/24 £81,824) hence the surplus for the year was £45,389 (2023/24 £81,378)
The trustees are grateful to the following trusts for their support:
The National Lottery Community Fund London Housing Foundation The City Bridge Trust The Albert Hunt Trust Streetsmart The Leathersellers The Serlin Family Foundation
Special thanks to our local authority partners in the London Borough of Hackney public health team.
Closing reserves as at 31 March 2025 are at £143,924 (2022/24 £98,833) with cash reserves of £156,385 (2023/24 £105,270).
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The accounts have been prepared on an accruals basis.
Reserves Policy
The reserves target is £45,000 which is equal to three months running costs to pay the core team and to continue fulfilling the charity’s objectives.
Going Concern
The accounts have been prepared on the basis that the Charity is a going concern and has sufficient cash reserves to operate into the foreseeable.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The People’s Recovery Project is a charity constituted as a Charitable Incorporated Organisation. Its purpose and administration arrangements are set out in the constitution. The constitution was adopted on 9 June 2022.
Recruitment and Appointment of Trustees
Recruitment and appointment of trustees is done by the charity. Gaps in experience and expertise will be identified and a search for trustees from our own networks will be carried out. As written in the constitution, trustees of the charity should be:
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Over 16 years old
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Not disqualified from directorship
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Not disqualified from charity trusteeship
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees on 17th September 2025
David Brown
Chair of the Board of Trustees
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INDEPENDENT EXAMINER’S REPORT
Independent examiner’s report to the trustees of The People’s Recovery Project. I report on the financial statements of the charity for the year ended 31 March 2025, which comprise the statement of Financial Activities, the Balance Sheet and the related notes.
Respective responsibilities of Trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’). The Charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to examine the accounts under section 145 of the Charities Act, follow the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act, and state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
Where the charity’s gross income exceeded £250,000 I am qualified to undertake the examination because I am a registered member of the Association of Chartered Certified Accountants which is one of the listed bodies.
(1) In connection with my examination, no material matters have come to my attention which give me cause to believe that, in any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Report) Regulation 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of independent examination.
(2) I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Chaweevan Williams FCCA Date: 21.10.2025 Verdant Accountants Limited Chartered Certified Accountants 20-22 Wenlock Road, London N1 7GU
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MARCH 2025
| (Incorporating Income and Expenditure Account) Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations, Grants & Legacies 3a Earned Income 3b TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generating Funds Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING / (OUTGOING) RESOURCES Balance Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 104,120 10,000 114,120 122,622 2,761 96,559 99,320 40,580 |
|---|---|
| 106,881 106,559 213,440 163,202 |
|
| 70,718 96,559 166,978 81,024 1,073 - 1,073 800 |
|
| 71,790 96,559 168,050 81,824 |
|
| 35,090 10,000 45,389 81,378 98,833 - 98,833 17,455 |
|
| 133,923 10,000 143,923 98,833 |
Movements on all reserves and all recognised gains and losses are shown above. All of the charity’s operations are classed as continuing.
The notes on pages 14 to 22 form part of these financial statements.
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BALANCE SHEET
AS AT 31 MARCH 2025
| Unrestricted | Unrestricted | Restricted | TOTAL | TOTAL | |
|---|---|---|---|---|---|
| 31 March | 31 March | ||||
| Note | Funds | Funds | 2025 | 2024 | |
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets | 2 | 290 | - | 290 | 590 |
| Current Assets | |||||
| Debtors & Prepayments | 6 | - | - | - | - |
| Cash at Bank and in Hand | 5 | 146,385 | 10,000 | 156,385 | 105,270 |
| Total Current Assets | 146,675 | 10,000 | 156,675 | 105,270 | |
| Creditors: amounts falling due within one year | 7 | 12,751 | - | 12,751 | 7,027 |
| NET CURRENT ASSETS | 133,923 | 10,000 | 143,923 | 98,243 | |
| Creditors: amounts falling due in more than | |||||
| one year | - | - | - | - | |
| TOTAL ASSETS less current liabilities | 133,923 | 10,000 | 143,923 | 98,833 | |
| NET ASSETS | 133,923 | 10,000 | 143,923 | 98,833 | |
| Funds of the Charity | |||||
| General Funds | 133,923 | - | 133,923 | 98,833 | |
| Restricted Funds | - | 10,000 | 10,000 | - | |
| Total Funds | 133,923 | 10,000 | 143,923 | 98,833 |
The accounts were approved by the Trustees on the 17th September 2025 and signed on their behalf by:
David Brown, Chair of the Board of Trustees
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NOTES TO THE FINANCIAL STATEMENTS
1. ACCOUNTING POLICIES
These accounts have been prepared under the historical cost convention with items recognised at cost of transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
The charity constitutes a public benefit as defined by FRS 102.
Assessment of Going Concern
The accounts have been prepared on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
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the charity becomes entitled to the resources
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the Trustees are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the OFA in the same financial period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services have been delivered.
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Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
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Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.
Changes in Accounting Policies and Previous Accounts
This is the set of accounts for the organisation.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Unrestricted funds
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
Restricted funds
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
Taxation
The charity is exempt from tax on its charitable activities.
Legal status of the Charity
The charity is a Charitable Incorporated Organisation.
Fixed Assets
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied per annum are as follows: Equipment Cost 33% straight line basis
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2. TANGIBLE FIXED ASSETS
| IT Equipment 3. INCOMING RESOURCES a) Donations, Grants & Legacies Donations Grants & Trusts Gift Aid b) Earned Income Delivery Research Training |
Balance 01-Apr-24 Cost Depreciation Transfer Balance 31-Mar-25 £ £ £ £ £ 590 - 300 - 290 590 - 300 - 290 Unrestricted Restricted TOTAL 2024/25 TOTAL 2023/24 Funds Funds £ £ £ £ 31,184 - 31,184 30,531 68,500 10,000 78,500 92,091 4,436 - 4,436 - 104,120 10,000 114,120 122,622 2,761 96,559 99,320 - 40,380 - - - 200 2,761 96,559 99,320 40,580 |
|
|---|---|---|
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| 4. RESOURCES EXPENDED a) Charitable Activities Staf Costs Insurance Telephone Print, Postage and Stationery Advertising & Promotion Travel General Ofce Expenses Ofce Equipment Community Meeting Costs Benefciary Costs Treatment Costs Community Involvement Costs Training & Development Staf Wellbeing Depreciation b) Governance Costs Legal & Professional Accountancy & Audit |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 44,722 95,741 140,462 72,773 910 818 1,729 988 802 - 802 292 527 - 527 36 14,382 - 14,382 2,417 3,446 - 3,446 1,971 764 - 764 19 299 - - 34 306 - 306 118 423 - 423 239 - - - 1,057 951 - 951 460 2,165 - 2,165 260 720 - 720 60 300 - 300 300 |
|---|---|
| 70,718 96,559 166,978 81,024 |
|
| 113 - 113 - 960 - 960 800 |
|
| 1,073 - 1,073 800 |
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5. CASH AT BANK AND IN HAND
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | 31-Mar-25 | 31-Mar-24 | |
| £ | £ | £ | £ | |
| Cash at Bank and in Hand | 10,000 | 156,385 | 105,270 | |
| 146,385 | ||||
| 146,385 | 10,000 | 156,385 | 105,270 | |
| 6. DEBTORS AND PREPAYMENTS | ||||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 31-Mar-25 | 31-Mar-24 | |
| £ | £ | £ | £ | |
| Sundry Debtors | - | - | - | - |
| - | - | - | - |
7. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Payroll Liabilities Accruals & Deferred Income |
Unrestricted Restricted Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 11,951 - 11,951 6,227 800 - 800 800 |
|---|---|
| 12,751 - 12,751 7,027 |
8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The Charity held no long-term liabilities during this financial year.
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9. NET ASSETS BETWEEN FUNDS
| Fixed Assets Net Current Assets Long Term Liabilities |
Unrestricted Restricted Total Total Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ 290 - 290 590 133,634 10,000 143,634 98,243 - - - - |
|---|---|
| 133,634 10,000 143,924 98,833 |
10. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES
The Charity is a Charitable Incorporated Organisation and is registered with the Charity Commission (1199225) and does not have a Share capital and has no income subject to Corporation Tax.
| Proft / (Defcit) for the fnancial year Other recognised gains Balance Brought Forward Closing Funds at 31 March 2025 |
TOTAL TOTAL 2024/25 2023/24 £ £ 45,090 81,378 - - |
|---|---|
| 45,090 81,378 |
|
| 98,833 17,455 |
|
| 143,924 98,833 |
11. STAFF COSTS AND NUMBERS
The Charity paid 3 employees in the year. No members of staff received emoluments of over £60,000. 4 community members were paid as sessional workers where budgets allowed.
12. TRUSTEES AND RELATED PARTIES
During the financial year, no payments were made to the Trustees or any persons connected with them. No other material transaction took place between the organisation or any person connected with them.
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13. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
14. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
15. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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