140 Golng Bad¢ Foundatlon Charfty No. 1205792 Company No. 15060483 Tntstees. Report and Unwdltfjd Ac¢ounts 31Au8U5¢ 2024
No Golng Back Foundatlon Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Summary Income and Expenditure Account Balance Sheet Notes to the Accounts 9t014 Detailed Statement ot Financial Activities 1Sto16 Page I
No Golng 8a¢k Foundatlon rru5tees Annual Report The Trustees are pleased to present the annual report of the No Golng Back Foundatlon. a registered charlty that achieved its Independent tharitable status In AuBust 2023 hfter a successful three year incubatlon wlth the Bounce Back Charity. In this first year operatln8 Independently. the Foundation has been focused on its mission to reduce reoffending rates by provlding holistic support to prison leavers, enabllng thelr relntegration Into soclety and securlng meaningful employment. The Foundation collaborates closely wlth No Going 6ack Cleanlng and Support SeNices CIC INGB CLEANI, a social enterprise,to align training and employment opportunities. REFERENCE AND ADMINISTRATIVE DEfAILS Company No. 15060483 Charlty No. 1205792 Aeglstered Offlce 204 Kennington Lane London 5EII SDL Oirectors and Trustees The Directors of the charitable company are its Trustees for the purpose5 of charity law. The following Directors and Trustees served during the year: John Robertson Lady Tessa Brewer Sir Nicholas Hilliard Stephen Turner Viral Patel (Appointed 13 December 20231 IAppointed 24 AuBUSt 20241 Key Management Personnel F. Findlater P. Jackson E. George J. Keane Executive Lead Project Lead Skills Development & Employment Lead Volunteer & Business Liaison Manager Funding Manager J. 81ack Accountant5 Claritas Accountancy Limited I Peach street Wokingham RG40 IXJ Page 2
No Goln8 Back Foundatlon Trnstees Annual Report OBJEcnvES AND AcllviTiE5 The prlmary oblectlve of the No Golng Back Foundatlonls to SUPPOrt Indlvlduals leaving prlson in their transltion to employment and a stable life post.release. The programme offer5 a comprehensive suite of seNices. including.. Skills Training and Employment Support: providin8 candidate5 Wlth lob specific trainlng and work placements in a wide variety of settors with sustainable employment as the key oblective. Holistic Wellbelng Support: addressing participants, health. houslng, and relatlonship challenges to facilitate long-term stability. Reducing Reoffending- the overarching aim is to reduce the likelihood of reoffendlng by offering employment opportunities and sustained support during the crStical post.release perlod and ongoSng. Public Benefit In accordance with the Charitles Act 2011. the Trustees conflrm that they have Complied with their duty to have regard to the public benefit guidance publishetj by the Charity Commission. The Charity's work in supporting prison leavers not only benefits the individuals involved bLtt also contributes to reducing reoffending rates. alleviating pressure on the justice system. and f05terinE safer communities. ACHIEVEMENTS AND PERFORMANC The past year has been one of significant growth for the Foundation. Key achievements include: Engagement and Employment: Support for 401 new participants this year. with 372 completing per50nalised action plans. Of these. 75 participants have secured employment. bringing the totsl nLtmber of prison leavers placed in Work since our inception to 321. Kangaroo Programme: 199 individuals particlpated in the Kangaroo Programme this year. which focuses on building the soft skills nece553ry for successful employment. Since its launch, 450 participants have benefited from this programme. Sustained Employment= 81% of participants who secured employment have maintained their lobs for at least six months. In total. 42% of participants have sustained employment for nine months or more. Social Value.. Independent analy515 revealed that the Foundatlon's activities generated £3,014.524 in social value this year, equating to £8.64 of value for every pound Invested. FINANCIAL REVIEW The financial health of the Foundatlon remalns stable, supported by a diverse range of Income streams. including donations, grants and revenue generated by NGB CLEAN. In the upcoming year. the focus wlll be on ensuring the long-term financial sustainability through growth in the social enterprise and expanding partnerships with corporate and government entities. Financial Positlon The income for the year was £332,983 and the expendlture £372.040. Thls left a deficit of £39.057. £51,773.12 of this was attributable to pre-incorporation and set up expenses of the Foundation. Page 3
No Golni Back Foundailon Trustees Annual Report ReseTve5 policy It is the policy of the Tru5tee5 to contlnue to bulld the general reserve to ensure sufficSent operating costs are freely available. The charlty is carefully managing budgets and cashflow Sn order to enable operations to continue without disruption. The Trustees also intend to achleve future surpluses In NGB CLEAN in order to build Its reserves. PLANS FOR FUTURE PERIODS Looking ahead, the No GoinB Back Foundation will continue its fotus on: Expanding employment opportunities for prison leavers, particularly in Erowing facilities management and recycling Sectors. Strengthening partnerships with employers. volunteer mentors, and corporate sponsors to scale our support services. Building on our sustainabllity initiatives, includSng training on green jobs and carbon-neutrality In partnership with NG8 CLEAN. SThUCTURE. GOVERNANCE AND MANAGEMENT The No GoSng Back Foundation is governed by a Board of Trustees, which includes professionals from diverse sectors as well as a Peer Ambassador who has experienced the programme flrst-hand. The Charity has a robust governance framework in place, adhering to the principles Set out in the Charlty Governance Code. Regular b03rd meetings are held to oversee strateglc development and ensure that all Charitable activities comply with the aims and objectives outlined in the governlng document. In 2024, the Foundation has focused on strengthening its governance, leveraging the experience of both No Going Back Foundation and NGB CLEAN to streamllne processes and create a cohesive support strurture for participants. This ha5 allowed the charity to enh3nce its impact while upholding its Commitment to sustainability and reducing reoffendin8. The Trustees are responsible for keeping proper accounting records that disclose with reasonable ac¢ura¢y at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustee5 are also responsible for safeguardlng the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other iiregularities. The above report has been prepared Sn accordance with the provisions applicable to companles subject to the small companie5 regime as set out in Part IS of the Companies Act 2006 and in accordance with the Charities SORP IFRS 1021. ned on beh board John Aobertson Chair of Trustees 21 October 2024 Pa8e 4
No Golng Back Foundatlon Independent Examlners Report Independent ExamSner's Report to the truste•s of No Golnl 8ack Foundatlon I report to the charity trustees on my examin8tlon of the financlal statements of No Golng Back Foundatlon for the period ended 31 Au8USt 2024. Responslbllltles and basls of report As the charity's trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the finantial statements in accordance with the requirements of the Companies Act 20061'the 2006 Act. Having satisfied myself that the financlal statements of the Charlty are not requlred to be audited under Part 16 of the 2006 Art and are eligible for independent examination, I report in respect of my ex3mination of your charity's financial statements as carried out under section 145 of the Charities Art 20111'the 2011 Act'l. In carrying out my examination I have followed the DSrections gSven by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examiner's ststement As the charity's gro55 income exceeded £2SO.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of Chartered Instltute of Management Accountants, which is one of the listed bodies. I have completed my examlnatlon. I can confirm that no material matters have come to my attention in connection with the examination Biving me cause to believe: • accounting records were not kept in accordance with section 386 of the 2006 Act: or • the financial statements do not accord with those records- or • the financlal statements do not comply with the accounting reqU1ments under section 396 of the 2006 Act otherth3n any requirement that the finan¢lal statements Blve a 'true and fair, view which is not a matter considered as part of an Independent examination,. or the financial statements have not been prepared in accordance with the method5 and principles of the Statement of Recommended Prartice for accounting and reportlng by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connectlon with the examination to which attentlon should be drawn in thls report in order to enable a proper understanding of the financial statements to be reached. Kelly Wilcox (Msc CGMA ACMAI Claritas Accountancy Limited I Peach Street Wokingham RG40 IXJ 21 Ortober 2024 Page S
No Goln8 Back Foundatlon Statement of Flnanclal Actlvltles for the perlod endèd 31 August 2024 Unrestrlrted fvnd5 2024 Restrlrted funds Total funds 2024 2024 Note5 Income from: Donations and grants 332,983 31,400 364,383 Total 332,983 31,400 364,383 Expendlture on: Raising funds Charitable activities Other 13.300 257,623 101,117 13.300 289,023 101,117 31,400 Totsl 372,040 31,400 403,440 Net gains on investments Net expenditure Transfers between funds 139.0571 139.057) Net expenditure before other galnsl{10ssesl 139,0571 139,0571 Other 8alns and10sses Net movement In funds 139,0571 139,0571 Reconciliation of funds: Total funds carried forward 139,0571 139,0571 Page 6
No Golng Back FoundatSon Summary Income and Expendlture Account for the perlod ended 31 August 2024 2024 Income 364,383 Gross in¢ome for the perlod Expenditure 364,383 403,440 Total expendlture forthe perlod Net expenditure before tax for the period 403,440 139.0571 Net expenditure for the period 139,0571 Page 7
No Golni Back Foundatlon Balanee Sheet It 31 August 2024 Company No. 151)60483 Notes 2024 Current assets Debtors Cash at bank and in hand 5,OC>O 4,087 9,087 148,1441 139,0571 139,0571 139,0571 Creditors: Amount falling due within one year Net currènt liabllitles io Totsl assets less <urrent liabilities Net Ilabilitle5 excludlng penslon asset or Ilablllty Total net liabilities 139.0571 The funds ofthe charity Restricted funds Unrestricted funds General funds 12 12 139,0571 139,0571 ReseNes 12 Totsl funds 139,0571 These accounts have been prepared in accordance wlth the special provision5 of Part 15 of the Companies Act 2006 relating to small companies. For the period ended 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of ac¢ounts. Approved by the board on 21 Ortober 2024 ign ehalf by: john Robertson Chair of Trustees 21 October 2024 Page 8
No Goln8 B•ck Foundallon Noté5 to the Accounts for the perlod ended 31 Au8USt 2024 l A¢countlnK pollcles 8#515 01 preparatlon The financial statemÈnt5 have been prepared In accordance wlth Accountlng and Reportlng by Charities.. Statement of Recommended Practlce appllcable to charitles preparlnB thelr accounts in accordance with the Financial Reporting Standard appllcable Sn the UK and Republlc of Ireland (FR5 1021 leffertive I January 20151 (Charities SORP IFRS 10211, the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Change in basls of accountln8 or to previous accounts There has been no change to the accounting policies Ivaluation rules and method of accounting) slnce last year and no changes have been made to accounts for previous years. Fund accountln8 Unrestricted funds These are avallable for use at the discretlon of the trustees in fvrtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds whSch include a rev31uation reserye representing the restatement of investment assets at their market values. Restricted funds These are available for use subjert to restrlctlons imposed by the donor or through terms of an appeal. Income Recognition of income Income is included in the Statement of Flnancial Activities ISOFAI when the charity becomes entitled to, and is virtually certain to receive, the income and the amount of the Income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditu reported gross in the SOFA. Donations and leBacies Voluntary income received by way of grants. donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entltlement to the income. Tax retlalms on Income from tax reclaims is included In the SOFA at the same time as the donations and gifts giftldonation to whlch it relates. These are only included In Income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantlliable. measurable and material. Donated setvices and facilities Volunteer help The value of any volunteer help received Is not included In the accounts. Investment income This is included in the accounts when receivable. Gainslllossesl on This includes any gain or loss resulting from revaluing Investments to market value revaluation of fixed at the end of the year. assets Gains/llosses1 on investment assets This includes any gain or loss on the sale of investments. Page 9
No G01nB Back Foundatlon Note5 to the Actounts Expendlture Recognltion of eypenditure Expenditure Is recognlsed on an accruals ba515. Expendlture includes any VAT which cannot be fully recovered. and Is reported a5 part of the expendiluie to whlch it relates. Expenditure on raising funds These comprise the costs assoc13ted wlth attrartlng voluntsry Income. fundralslng tradin8 Costs and Investment management costs. Expenditure on These comprise the costs Incurred by the Charity in the delivery of It5 activltles and charitable activities servites in the furtherance of Its objects. including the making of grants and governance costs. All grant expendlture Is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet pald. These Include those tosts associated with meeting the constitutional and Statutory requirements of the Charity, including any auditlindependent examination fees. costs linked to the Strategic management of the Charity. together with 3 Share of other administration costs. Grants payable Governance costs Other expenditure These are support costs not allocated to a particular activity. Taxation The charity is exempt from cory)oration tax on its charitable activities. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprlse cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial posltion, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an Integral part of the company's cash management. Trade and other Creditors Short term creditors are measured at the transartSon price. Other creditors and provisions are recognSsed where the charity has a present obligation resultin8 from a past event that wlll probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provision5 are normally recognlsed at theSr settlement amount after allowing for any trade dSscounts due. Pension costs The charity operates a defined contributlon plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contrlbutions into a separate entity. Once the contributions have been paid the company has no further payments obllgatlons. The contrlbutlon5 are recognlsed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company In independently admlnlstered funds. Page 10
No Goln8 Back Foundatlon Notes to the Accounts Recelpt of donated 8oods, lacllltles and stCeS All donated goods, facllitles and servlces recelved are recognlsed withln Incomlng resources and expenditure at an estlmate of the value to the charlty. 2 Company statu5 The company Is a private company limlted by guarantee and consequently does not have share capltal. 3 Income from donatlons and grants Unrestrlcted Restrfrted Totsl 2024 Donations and grants Gift aid 325,744 7,239 332,983 31,400 357.144 7,239 364,383 31,400 4 Expenditure on raisln8 funds Unrestrlrted Total 2024 Fundraising tmding costs Freelancers- Fundraising 13,300 13,3 13,3(X) 13,3CKI 5 Expendlture on tharftable artlvltles Unrestrlcted Restrfrted Total 2024 Expenditure on chorltoble Gctivities Staff costs Partlcipant bursaries, tralning and other direct costs Freelancers- executive, marketing & data Premises costs 159.973 11,600 171,573 8,441 19,800 28,241 66,778 66,778 21,531 21,531 Governonce costs Independent examlnation 900 900 257,623 31,400 289,023 Page 11
No GOI 8•¢k Foundltlon 14ote5 to the Accounts 6 Oth•r eyndlture Unr*strlct•d Total 2024 Employee costs Motor and travel costs General administrative costs Legal and professional costs 1,125 2,987 37,723 59,282 101,117 1,125 2,987 37,723 59,282 101,117 7 Staff costs 2024 164,541 3,361 3.671 171,573 Salaries and wages Social security costs Pension costs No employee recelved emoluments In excess of £60,000. The average monthty number of full time equivalent employees durlng the year was as follows: 2024 Number Administration of charitable a¢tivitie5 8 Pr&lncorporatlon and set up expenses Included in the expenses reported are £51,773 of pre-incorporatlon and set up expenses of the Foundatlon. 9 Debtors 2024 Trade debtors 10 Credltors: Trade creditors Other taxes and social security Loans from trustees Accruals 9,123 1,734 36,000 1,287 48,144 11 Director Loan During the year one of the Directors provided a bridging loan of £36.CW to the tompany in anticipation ol committed knvery funds to 35515t In working capital requirements. This Loan was unsecured and Interest free. It was repald on 2nd October 2024. It is included in Creditors amounts falling due wilhln one year Isee note 10 abovel Page 12
No Goln8 Ba¢k Foundatlon Notes to the Accounts 12 Movementln fvnd5 Incomlng resources At31 August 2024 (Includlng other gaSnsllossesl Resources expended Restrltted funds: Restrirted income funds: Cooks Entrepreneurs Clty & Guilds l Kangaroo I Impart Report 4,000 14,000 12,4001 25,000 125,0001 Total 31,400 131,4001 Unrestrlrted funds: General funds 332.983 1372.0401 139,0571 Total funds 364,383 1403,4401 139,0571 Purposes and restrictions in relation to the funds: Restricted funds: Cooks Training relatlng to training and jobs Sn cookery Self employment trainlng to cover work in branding, administrating and delivering NG8's self employment program Costs relating to caseworker and impact measures Entreprerteurs City & Gullds l Kangaroo I Impact Report 13 Analysis of net assets between funds Unrestricted fund5 Total Net current assets 139.0571 139.0571 139,0571 139,0571 Page 13
No Golni Back Foundatlon Notes to the Accounts 14 Reconclllatlon of net debt At31 August 2024 Cash flows Cash and cash equlvalents 4,087 4,087 4,087 4.087 Net debt 4,087 4,087 15 Related party dlsclosures Controlling party The company is Ilmited by guarantee and ha5 no share capital,. thus no sinBle party controls the company. Page 14
No Golnk Back Foundatlon talled Statement of Fln•nclal ArtS¥ltleJ for the perlod ended 31 A$t 2024 Unr¢strl¢ted Restrlcted funds lunds Total funds 2024 2024 2024 Income from: Donations and legacies Donations and Brants Gift aid 325,744 7.239 332,983 31,4¢JO 357,144 7,239 364,383 31.400 Total Income and Èndowments 332,983 31,400 364,383 Expenditure on: Costs of other trading artivities Freelancers- Fundraising 13,3¢)0 13,300 13,300 13,300 Total of expendlture on ralslng funds 13,300 13,300 Charitable activities Staff costs Participant bursarles. tralning and other direct costs Freelancers- executive, marketing & data 159.973 11,600 171,573 8,441 19,80 28.241 66,778 66,778 Premises costs 21,531 256,723 21,531 288,123 31,400 Governance costs Independent examination 900 900 900 900 Total of expendlture on charltable activities 257,623 31,400 289,023 Employee costs Staff training 1.125 1.125 1,125 1.125 Motor and travel costs Travel and subsistence 2,987 2,987 2.987 2,987 General administratlve costs, Including depreciation and amortlsation Bank charges Design and webslte General insur3n¢es Information and publlcations Postage and courlers 103 103 22,167 668 4,854 345 22,167 668 4,854 345 Page IS
No Goln8 8•tk Found•tlon Dtlled Stltement of Fln•nclal ArtlvltSes Software, IT 5UPPOrt and related costs Statlonery and printin8 Subscriptions Sundry expenses Telephone. fax and broadband 3.034 3,034 I,S47 1,762 1,547 1,762 2.434 37.723 2,434 37,723 Legal and professional costs AttountanLy and bookkeeplng Finance, governance and admln External strategic plannlng Other legal and professional costs 6,024 34,175 14,885 6,024 34,175 14,88S 4,198 4,198 59,282 59,282 Total of expenditure of other costs Total expenditure 101,117 101,117 372,040 31.400 403,440 Net Eains on investments Net expenditure 139,0571 139,0571 Net expenditure before other 8ain51llossesl Other Gains 139,0571 139.057 Net movement in funds 139,0571 139,0571 Re¢onclllatlon of funds: Total funds brought forward Total funds carried forward 139,0571 139,0571 Page 16