Charity Number: 1202808 RETUNE CHARITY LIMITED (Registered under the Charities Commission for England and Wales) Financial Statements for the year ended 30 April 2024
RETUNE CHARITY LIMITED Legal and Administration Infomiation for the year ended 30 April 2024 Company Number: 12744315 Charity Number: 1202808 Tru3tees: Linda Christine Ranger Paul Gary Winspear David John Hows Jay Williams Halley Baker (appointed 18th July 2024) Registered Office: 3 Chantry Court Hadham Road Bishop's Stortford CM23 2QR Independent Examin8rs: Spicer & Co UK Limited Staple House 5 Eleanols Cross Dunslable LU6 1SU Bankers: Melro Bank On8 Southampton Row London WC1 B SHA
RETUNE CHARITY LIMITED Contents for the year ended 30 April 2024 land 2 Report of th6 Trustees Independent Examiners, Report Income and Expenditure Account Balansheet 6t08 Notes to the Financi81 Statements
RETUNE CHARITY LIMITED Trustees Report for the year ended 30 April 2024 Trustees Re 1Ma 2023-30A il 2024. This year, Retune have focused on consolidating and rebuilding our position following Tom's 7-8-rnonth hospitalisation in September 2023. This mitigates the lower perfomance in temis of income and (Jelivery. That said, we have survived the crisis, so far, welcoming Tom back in recovery to better health. We are looking forward with optimism. a new presenter in pla¢e and with others in the pipeline, towards the new school year from September 2024-2025. I thank Greg for the time he has spent training up our new presenter. Austin connects well with both children and adults and brings his own qualities and charactef to the sessions. which work well. We continue wth our fundraising efforts, looking to expand further into Essex and beyond wth our primary school work. In Hertfordshire, particularly Bishop's Storttord, our aim is to become the beacon of wellbeing provision for our younger people, Year 5 (9 & 10 Year old's), Shining a light on our preventative 'SCALES' model. In addition to the work we deliver in schools. we also engage with adults. Recenly in March 24, we presented to prisoners at HMP The Mount, a Category C prison. This was extremety rewarding, not onty for the inmates, but also our presenters. Feedback is subject to stiict security controls, but we hope, subject to funding becoming available, to expand this area of our work. We have also delivered into The Princess Alexandra Hospital in Harlow, Essex, to staff, doctors and some consultsnts. Another area to expand upon. Retune 'Live' gigs continue to feature a high caliter of perfomiers, happy to interact and share with the audience, their ovffl wellbeing issues and the Retune message linking creativty to baland Well1n9. We are looking at ways to raise our profile of thesé events to attract more local support and spread our vision. We welcome visits to any of our workshops and are always happy to talk with those interested in what we do. I thank Greg for his exFerience and dedication during this challenging year. Thanks also to the trustees for their continued and dedicated work. Finally, to all of those that have support8d Retune financially. We Can't do what we do without that generosity and faith in what we do. Thank you to: The Network for Social Change The Foyle Foundationkn £7.5C(I The Brazier Twst EAZL Gibwi Gives East Herts Lottery Various Individuals- You know who you arel Page11
RETUNE CHARITY LIMITED Trustees Report for the year ended 30 April 2024 We look foThYard to the nexl financial year with positivty- On behalf of The Trustees. Linda Ranger. (Chairperson) 30th September 2024
RETUNE CHARITY LIMITED Independent Examiners, Report to Retune Charity Limited Year ended 30 April 2024 Independent examinerfs report to the trustees of REfuNE (IIARITY LIMITED ('the Company,) I report to the charity trustees on my examination of the accounts of the Charitable Company for the period 1st Mav 2023 to 30th April 2024 which are set out on pages 4 to 8. Responsibilities and basis of report As the charity's trustees of the Charitable Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 21K)61'the 26 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eli8ible for independent examination, I report in respect of my examination of your charity's attounts as arried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{51 Ibl of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection wlth the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by 5ertion 386 of the 2C#J6 Act; or the accounts do not accord with those retords,. or the accounts do not comply with the accounting requlrements of section 396 of the 2006 Art other than any requirement that the accounts give a true and fair view which is not a matter considered a5 part of an Independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordan wlth the Financlal Reporting Standard appllcable in the UK and Republic of Ireland IFRS 10211. I have no concems and have come across no other matters in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Suzanne Spicer FCA Spicer & Co UK Limited Staple House 5 Eleanor's Cross Dunstable Bedfordshire LU6 ISU Date:..
RETUNE CHARITY LIMITED Income and Expenditure Account for the year ended 30 April 2024 Unrestrlcted Funds Restritted Funds 2024 Incorne and endowments from: Donations and legacies Other tfddin8 activities 25,289 1,844 3,600 28,889 Total Income 27,133 30,733 Expendlture on: Charitable activitie5 Raising donations and legacies Support Costs Governance costs Total Expenditure 150 18,506 1,336 1,087 21.079 3.297 3,447 18.506 1,336 1,087 24,376 3,297 Interest Receivable loo Net Profit 303 6,457 Total funds brought forward Total funds carrled forward 713 713 6,867 303 7.170 The notes on pages 6 to 8 form part of these financial statements
RETUNE CHARITY LIMITED ststement of Financial Position as at 30 April 2024 Notes 2024 2024 Fixed Assets Tangible fixed assets 757 Current Assets Cash at bank and in hand 6,413 6,413 Net Current Assets Total Assets Less Current Liabilities 6,413 7,170 Net Assets 7,170 General Fund5 Unrestricted income funds Restricted Income funds Total Funds 6,867 303 7,170 These financial statements were approved by the Committee members below on behalf of the Committee on 30, September 2024. L Ranger (Chairperson) The notes on pages 7 to 11 form part of these financial statements
RETUNE CHARITY LIMITED Notes to the Financial Statements for the year ended 30 April 2024 l. AUnting Pollcles Basls of Accounting The Financial Statements have been prepared under the historical cost convention, and in compliance with United Kingdom Accounting Standards, including FRS 102 {The Financial Reporting Standard applicable in the United Kingdom and the Republic of Irelandl, the Charities Act 2011, the Companies Art 2006 and UK Generally Accepted Prattice. Revenue recognltlon Revenue is measured at the fair value of the consideration received or receivable and represents the amount received for services rendered, net of returns. discounts and rebates allowed by the society and value added taxes. Grants Income from grants are shown as amounts actually received. Income from grants for assets are shown in the year received. where the assets are purchased in the same year. Government grants are recognised when there is reasonable assurance that the entlty wlll comply with the conditions attaching to the grant and the grant will be received. Tangible fixed a55ets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, and costs directly attributable to bringing the a55et to its working condition for its intended use. Depreciation 15 calculated to write down the cost, less estimated residual value. of all tangible fixed assets over their expected useful lives. The rate5 generally applicable are.. Plant and equipment 25% Straight Line Debtors Short term debtors are measured at transaction price (which Is usually the Invoice pricel. less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recogni5ed at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Credltors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially reco8nised at transadion price net of any transattion costs and subsequently measured at amortlsed c05t determined using the effective interest method.
RETUNE CHARITY LIMITED Notes to the Financial Statements for the year ended 30 April 2024 2. Income from donatlons and le8acles Unrestricted funds Restrirted funds 2024 Donations received 25.289 25.289 3.6LK) 3,600 28,889 28,889 Donations in unrestricted funds include £7,500 received from The Foyle Foundation on 26th October 2023. 3. Income earned from other activities Unrestricted funds Restricted funds 2024 Other activities for generating fund5 1,844 1,844 4. Expendlture eamed on ralslng donatlons Unrestricted funds Restricted funds 2024 Raising donations 18,506 18,506 18,506 18.506 5. Interest Receivable 2024 Bank interest reiVed loo
RETUNE CHARITY LIMITED Notes to the Financial Statements for the year ended 30 April 2024 6. Tanglble Fixed Assets Plant & Equipment Total Cost At 1st May 2023 Additions Disposa15 At 30th Aprll 2024 1,729 1,729 1.729 1.729 Depreciation At 1st May 2023 Charge for the year On disposals At 30th April 2024 540 432 540 432 972 972 Net Book Value At 30th April 2024 757 757 At 30th April 2023 1,189 1,189 7. Movement in Funds-current Year Balance at 0110512023 Incoming Resource5 Outgoing Resources Balance at 3010412024 Unrestricted Restricted Total 713 27,233 3,6tK) 30,833 121,079} 13,2971 124,376) 6,867 303 7,170 713 8. Charity Ststus The company achieved charity status on 21 April 2023. All assets and liabilities of the company at that date were transferred to the charity.
RETUNE CHARITY LIMITED Notes to the Financial Statements for the year ended 30 April 2024 30.04.24 30.04.24 Unrestricted Restricted Funds Funds 30.04.24 Total Funds INCOME AND EfrJOOWMENTS l)onatlons and legacles Donation5 received Other tradinÈ actlviiles Totsl incoming resources 25,289 1,844 27.133 3,600 28,889 1,844 30,7Y3 3ffjOO EXPENOITURE Charltsble artlvltles Cost of direct charitable activity 150 3.297 3,297 3,447 3,447 150 Ralsing donation5 and le8a¢les Consultancy fee5 Advertising and marketing Subscription 13.250 4.103 1,153 18,506 13,250 4,103 1,153 18.506 Support costs Staff Training and Welfare Oepreclatlon IT Software and Consumables 116 432 788 1,336 116 432 788 1,336 Governance Costs Accountancy fees Bank fees Office costs General costs 270 144 650 23 1,087 270 144 650 23 Total resources expended 21.079 3.297 24,376 Interest ReceSvable 100 100 Net Surplus 6,154 303 6,457