Registered number: 06141559
Charity number: 1124999
FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
CONTENTS
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Reference and Administrative Details of the Company, its Trustees and Advisers
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Independent Examiner's Report
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Statement of Financial Activities
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Notes to the Financial Statements
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
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Davidson Jayaratnasingham
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Company registered number
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Charity registered number
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131 Lewes Road
Brighton
East Sussex
BN2 3LG
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
The Trustees present their annual report together with the financial statements of the FRESH START COMMUNITY ASSOCIATION for the year 1 April 2023 to 31 March 2024. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted. Mission of Fresh Start
From our position of positive relationships, our mission is to strengthen the capacity of others. We look to equip our families for competent citizenship and to build social capital. This operates within our frame of community cohesion to enable each individual to invest their unique characteristics and skills into their family and community for the benefit of all, from a place of security and growing confidence. We connect with the heart, rather than the label, of each individual who comes to us. This creates the foundation of our equality policy (no bias of gender, race, culture, religion, sexual orientation, or social economic status.) This brings community cohesion at its best!
We work within areas of confidence building, increasing the ability to build healthy relationships. We address issues of poverty, addiction, isolation, stress, anger management and parenting challenges by illuminating our understanding of the personal thought processes and past experiences that lead us to perceive and respond to situations in particular ways.
All our activities focus on empowering individuals and families, which directly benefits the parents, children, and young people in our community. This strengthens the communities that the individuals and families are based in. As a result of this intentional equipping our projects help to develop the self-esteem, resilience, and relationships of those we work with. We provide a safe place for families to connect and build their community, all undergirded with the celebration of British values, with the appreciation of ethnicity and culture of our clients.
The Founders and Trustees continue to steer Fresh Start according to our governing document.
The trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties.
The Trustees have considered and identified any risks that Fresh Start may be exposed to, by maintaining our Risk Register. From this we can assess and decide what action needs to be taken. Reports on these actions are given at each Trustees meetings throughout the year.
Achievements this Year
• We saw increases in volunteers for Christmas Cheer
• We have started developing relationships with individuals and with organisations in East Sussex to consider expanding our work to the Hastings area where there is considerable need
• At Kidz Club we were able to celebrate the King’s Coronation together
• We have continued to update and refresh any necessary training for our volunteers and staff.
• We have built on the new activities that we started during the previous year
Kidz Club
Kidz Club is the original activity of Fresh Start Community Association for families and children, and the one from which our other activities grew. This year it took place every Friday afternoon during term time between April and December, and monthly following that. Kidz Club provides a safe play session, but more importantly is a place where the individual is celebrated, the family supported, parents are empowered and the community strengthened. Our sessions always include a healthy meal, where each family sits together around a table to reinforce the family bond. On occasions, some of the food provided through FareShare is used to supplement these meals.
There has been an increased focus on leadership and team building among the children attending, and boundaries regarding behaviour and respect have been strengthened. One of our founders, who is a
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
psychological health professional specialising in Cognitive Behavioural Therapy, has run weekly sessions for parents, covering areas such as anger management, discipline, addiction, bonding, nutrition, and right boundaries. Parents have given feedback that they have appreciated the opportunity to be open and discuss their experiences and have found these sessions helpful. Parents have felt supported by each other, and the sense of community has increased.
The aims and objectives below have been actively encouraged and directly addressed in this period, and parents and their children have been observed to have responded positively to this.
Kidz Club - Aims:
• To empower families; through empowering parents
• To build social capital, developing relationships; both intra and inter the families who participate
• To develop relationships and in particular the adult - child bond
• To promote positive behaviour
• To create opportunities for increasing children's educational potential and develop positive attitudes to learning
• To develop positive associations with family life within the school and community environment
• To develop respect from the child to their parent(s) or guardian(s)
• To develop the parent’s ability and desire to play with their child to observe, listen and respond to the child’s interactions in a positive manner
• To create a secure base promoting secure attachments, which generates a place of safety, which they learn to return to when needing reassurance, care, and protection
• To promote security, confidence, competence and resilience in parents and children alike
Kidz Club - Objectives:
• To develop positive parenting skills
o To develop positive communication between parents and children
o To develop a consistent approach to parenting; children need structure
o To develop parental interest in their child's educational needs and development
o To develop an understanding of what their child is learning and doing; and how this will affect them
• To develop understanding, empathy, and interpersonal skills
• To develop waiting and taking turns
• To develop the ability to share
• To develop the ability to win and lose graciously
• To develop the child’s ability, confidence, and desire to express themselves, their opinions, beliefs and desires in a positive and constructive manner
• To develop an understanding in the child, that all decisions have a consequence; positive, neutral, or negative
• To develop an understanding in the child of the impact and effect of their behavioural choices on those around them
• To develop more socially appropriate forms of expression and communication; to replace inappropriate behaviour(s)
• To support parents in self-reflecting, and developing their parenting skills
Kidz Club – Evaluation.
Numbers attending each week can fluctuate, ranging from 20 to 35. However, since the Spring term there are more families that have attended regularly.
Feedback forms were completed by parents and children.
The Project Manager and volunteers have weekly feedback sessions after each Kidz Club. The following points have been observed and discussed:
• The parents are becoming more confident to open up to each other and to those facilitating sessions.
• The parents are increasingly supporting and encouraging each other.
• The children are increasing in confidence and a willingness to share and engage in all the activities and growing particularly in leadership.
• The parents are stepping into the fullness of parenthood and taking up the mantle of responsibility within and for the family.
• The children are increasingly respecting boundaries.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
• It is a place where children and parents share in the celebrations of each other’s identity, successes, and achievements.
This is what the participants say:
The children were unsure of the new structure at first, especially the older children, however with the more grown-up games (table tennis/pool) and plans for activities such as craft and art they are excited. It is more structured now. I find the parent time useful and would not want to lose this but I do miss the catch up with parents. I also enjoy being part of the children’s playtime and helping them. I do prefer and enjoy this structure and find it helpful. I can’t thank you enough and the things you do benefit the children and all of us more than I can put here.
I really value the service offered. I asked my child if he liked Kidz Club and he nodded his head! We are honoured that so many people give up their time to provide this amazing service for us.
Great space for parents and children to meet and experience community. Good family values showed.
I enjoy the parent times and my Childs behaviour has improved as I apply what I have learnt. I also enjoy meeting and communicating with other parents.
Childs evaluation: I made lots of friends.
Food Bags
The aim of the food bags is to empower individuals, couples and families who engage and build relationship with us at Fresh Start. Through this relationship we become aware of those looking to progress out of their challenging circumstances and who would benefit from support in the form of a bag of food. These bags contain various items of fresh ambient products, and dry/tinned goods, usually enough to provide two or three healthy meals for the household each week.
Each recipient is given a personal time slot to collect their food bag which provides an opportunity for the relationship to grow and strengthen, always ensuring total confidentiality, this upholds the dignity of each person and reduces any potential embarrassment.
Throughout the year, during school term times, Food Bags has benefited between 28 and 58 individuals each week. People came off the list as their circumstances changed for the better and that allowed room for others to receive help via the food bags. Some of the food is provided by FareShare Sussex and we top it up as necessary, so there is enough food to make 3 meals per family each week.
For the first part of the year, we also received toiletries, household cleaning items and Recipe Food Bags (this includes everything to produce a meal for a family of 4) from Brighton and Hove Food Partnership.
Christmas Cheer
The aim of the Christmas Cheer is to empower individuals, couples, and families through relationship with us at Fresh Start. Through this relationship we become aware of those who are experiencing financial challenges and would not otherwise be able to celebrate Christmas by exchanging gifts and sharing special food together. All the gifts in the hampers are new, and each hamper is tailored with gifts and food to suit everyone within the family.
Approaching Christmas, some families were facing significant challenges. Receiving a hamper had an enormous impact on their lives.
This year we received donations of new gifts and monies from individuals, organisations, churches, and a few schools in the Sussex area. Our donors appreciate that their donations go to people we are in relationship with and they value this principle.
Christmas Cheer – Evaluation
Again, Christmas Cheer made such a difference to the families who received hampers for Christmas 2023.
We put together gift hampers for 128 families, which directly benefitted 331 individuals. The hampers are tailor made for each family and each hamper contained 3 substantial gifts per person. Each family also received additional bags of non-perishable food items and toiletries.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
We were also able to put together bags of fresh food for Christmas dinners, with all the trimmings for 35 families.
The recipients were overwhelmed with the kindness shown towards them, many were loss for words; and many bursting into tears, here are just a few of the responses:
“I just want to thank you again, u r such wonderful group, your heart and kindness brings a lot of joy to others! Losing my dad this year has been tough. Deeply i thank you.” young carer with 5 siblings.
“Last year you helped me and i couldn’t believe such people existed, i didnt dare think i would get support this year, you are my angels!” single mum with 4 kids including one with special needs.
“We are so thankful for what we have received it has come with good timing as my little grandson of 8 who is in my care lost his daddy on saturday, my son. this has given us all a massive smile and we know we’re being looked over from above.” Grandmother, daughter and grandson.
“I can’t stop crying, thank you.” single Dad with two kids.
This was only possible through the financial contributions, gifts donated, time given and the cheering us on by our many generous donors. So, thank you because together we made a difference.
Open Home
In January 2023 we started Open Home for parents and guardians to meet in a warm environment to enjoy a hot drink and lunch together in a supportive and friendly environment. This helped to alleviate isolation, fuel, and food poverty. These sessions created an atmosphere that encouraged socialising which built relationships. It also provided a space to do some personal work in a warm environment followed by the sharing of a hot lunch together.
Open Home – Evaluation
The Open Home activity was well attended in the colder months as participants benefitted from the warm building, having lunch, and developing friendships whilst doing their own work. As the warmer weather arrived the numbers attending slowly decreased. So rather than gather as a group the Project Manager contacts 22 participants individually on a regular basis, either by phone or in person and continues to build the relationships, support them, empower them, and signpost them to other organisations that might help.
What the participants say:
I have thoroughly enjoyed attending the Open Home. It’s also encouraging place to help me work /study whilst being social too. Huge thanks to all who work so hard to make this such a wonderful community space.
The Open Home is a warm and friendly environment and a great opportunity to meet new people.
I love the community spirit and the love and care shared to all.
Fresh Art
The successful Creative Coffee Morning that we started last year developed into Fresh Art, where the participants gather weekly to explore new mediums and develop their skills for their artwork. The sessions are led by a professional artist who has worked with similar groups and is very encouraging and empowering. These sessions also help to alleviate social isolation and fuel poverty by providing a warm, safe, and friendly space to meet.
Fresh Art – Evaluation
Friendships have developed both within the group and outside as participants enjoyed the company and encouragement of each other. Lunch was also provided for the participants and that helped to address social isolation and the cost-of-living crisis. 3-6 participants attend this activity weekly. A WhatsApp group was set up where they continue to communicate and share their artwork regularly.
This is what participants said:
I love attending this group I was so welcomed and even though I’m not really what you might call an ‘artist’, it was fun playing with different techniques and colours and learning from someone who is an ’artist’! I enjoyed learning from and with each other sharing and really enjoying being together. Also developing friendships within a safe environment. Lovely to eat together too, although I need more practice at being able to interact with others in a good way. I am much less fearful than I was at the beginning.
Thoroughly enjoyed coming every week. Thank you.
Empowerment Course
This course ran during May and was run by the Project Manager. The participants met and shared lunch together after the teaching sessions.
Many of the users of our activities want to see positive changes in their situations and circumstances and had identified that they would appreciate help to see these changes come about.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
The aims of the course are to empower the participants and help them develop their relationships. It enables them to realise they are unique, special and of value as an individual. It brings awareness to everyone regarding who they are and why they think and respond the way that they do. This awareness provides a springboard to move forwards and develop new patterns of thinking and responding. This is achieved by giving practical information on how to recognise and change negative thought patterns and for participants to realise the potential they have.
The course is based on leadership material that the Project Manager teaches on in various settings. Teaching was given on self-regard, self-awareness, regard for others and awareness of others, which develops empathy and inter-personal communication.
Empowerment Course - Evaluation
3 individuals attended this course. 100% of the responses on their evaluation forms were positive. Participants reported growing in confidence, developing relationships, increased self-awareness, ability to recognise and change negative thought patterns, and increased empathy for others among other benefits.
Study Session
The Study Sessions ran March-May 2023, for children from Primary and secondary age. Sessions were facilitated by student volunteers under the supervision of our Project Manager. Attendees received 1:1 support from our volunteers. The original aim of the sessions was to help individuals better understand Maths and English while enjoying a drink and snack together. However, volunteers were able to support attendees in a wider range of subjects.
Attendees were helped to prepare for exams or just to improve in the subjects they study, within a safe and friendly atmosphere.
Study Session – Evaluation
4 children regularly attended these sessions.
Responses to the evaluation forms were 64% positive and 36% neutral. There were no negative responses.
This is what participants said:
“I loved the snacks, and Joe was very helpful a lot of the questions we did came up on my exams. Great to have 1:1 but would be nice if more people came. Thanks so much for running it.”
“I thought it was a really calm environment and I got a lot of homework done. But if more people went it would be nice”
“I found it very helpful but if there were a few more people who came to study it would be nice (although I got a lot done)”
Personnel and Resources
The Trustees undertook training to update and increase their knowledge to aid them in their function as a Trustee of Fresh Start Community Association.
Training and mentoring are available to the trustees, volunteers, and Project Manager through:
• Our partnership with Impetus Cognitive Learning.
• In-house training and resources
• External agencies
Our long-term Food Bag volunteer retired; she has been with Fresh Start since the beginning in 1997. Although she is missed, two new volunteers have taken her place, ensuring the relationships with the recipients continues and confidentiality is maintained.
We were able to take on an Admin worker for a short period of time, which was helpful, unfortunately for us he was no longer able to continue.
We had a good number of volunteers for the first half of the year, consisting of several students from Brighton University, a few young people from the Air Cadets, who did their community service with us as part of their Duke of Edinburgh Award, and a good number from Thumbprint Foundation. Since September the number of volunteers has reduced considerably due to personal circumstances changing and the way Brighton University are organising their student placements.
Also, our Project Manager has been restricted in her capacity to work at Fresh Start, due to her personal
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
circumstances, which has limited the activities we were able to offer. Although the Project Manager has reduced her time in providing activities at the Centre, she has continued to build relationships with the participants and been considering and investigating ways forward for Fresh Start.
Currently Fresh Start does not have a Reserves Policy in place. Having considered the potential risks we ascertained that they are minimal. This is because we have no ongoing fixed costs, we have a partnership with Thumbprint Foundation who let us use their building at reduced costs and we have diversified our income so it is not dependant from just one income stream. However, this is something the Trustees will continue to monitor and review yearly.
Supporters and Donors
Because of our unique partnership with Thumbprint Foundation, we have been able to continue to use their building at a reduced cost.
A core of individual supporters continues to give regularly to Fresh Start. All donations were gratefully received and helped to make a difference to the families we work with. Many of these donors have opted to use Gift Aid, which increases the value of their donation.
As well as our individual donors, this year we have received grants from: The Derek and Eileen Dodgson Foundation and YBS Charities Trust.
Donations were received from: RAF Air Cadets 225 (Brighton No 1), Holy Cross Church, Thumbprint Foundation, Patcham High School, King’s School Hove, and Lewes Road Inn.
We had some successful fund-raising events and we also benefitted from the Give As you Live Scheme, Amazon Smile scheme, and PayPal Giving Fund.
We also received reduced fees from FareShare Sussex, goods from the Brighton and Hove Food Partnership, and Fresh food from ‘A Share of the Crop’ for Christmas dinners.
For our Christmas Cheer project many new in-kind gifts were donated by individuals as well as from the following organisations: The Merry Maids Society, Brighton and Hove Soiree Rotary Club, West Hove Infant School, Pelican Parcels, St Luke’s Church (Prestonville), Hove Junior School, Brighton Girls School, King’s School Hove, URC Church Hove, and Ocklynge School.
Thank you
We want to thank our many supporters who have given so much in the last year to Fresh Start, either in monies, time, or donating goods in kind. Their contribution has helped shape Fresh Start into where we are today.
• We have received financial contributions that are listed in the accounts.
• We have received more than £847.00 worth of in-kind good.
• We have saved approximately £7,000 through using InKind Direct.
• We have been able to develop growing partnerships with organisations, schools, and individuals.
• We have been given 1,141 volunteer hours to help run activities.
• We have been given 150 volunteer hours to assist with the administration of Fresh Start.
• We have been given the use of the building at reduced costs.
Our Plans for the Year Ahead
• To increase the facilitating of activities by teams of volunteers, which will be overseen by the Project Manager
• To appoint a community support worker and admin worker
• To continue to update and refresh any necessary training for our volunteers and staff
• To make further connections in the community in our immediate neighbourhood, Hastings, and East Sussex
• To continue to see increases in donations to Fresh Start, in grants, individual giving, client contributions, volunteer hours and in-kind giving
• To secure grants for more than one financial year
• To continue to develop other fundraising initiatives
• To provide other new activities that continue to empower the families, e.g. sessions to learn sewing skills and ways to upcycle clothes to make new ones
This report was compiled by the Trustees and the Project Manager.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
Objectives and activities
Achievements and performance
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Structure, governance and management
a. Constitution
FRESH START COMMUNITY ASSOCIATION is registered as a charitable company limited by guarantee and was set up by a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
∙select suitable accounting policies and then apply them consistently;
∙observe the methods and principles of the Charities SORP (FRS 102);
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 1 November 2024 and signed on their behalf by:
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent Examiner's Report to the Trustees of FRESH START COMMUNITY ASSOCIATION ('the Company')
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I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and Basis of Report
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As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
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I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
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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 [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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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.
Signed: Dated: 1 November 2024
Kolade Andrew Alli ACMA
The ARK Financial Management Consultants Ltd
10 Gatcombe Gardens
West End, Hampshire
SO18 3NA
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
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Total funds brought forward
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Total funds carried forward
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The Statement of Financial Activities includes all gains and losses recognised in the year.
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The notes on pages 15 to 22 form part of these financial statements.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
REGISTERED NUMBER: 06141559
BALANCE SHEET
AS AT 31 MARCH 2024
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Total assets less current liabilities
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Net assets excluding pension asset
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The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 01 November 2024 and signed on their behalf by:
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
REGISTERED NUMBER: 06141559
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
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The notes on pages 15 to 22 form part of these financial statements.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
FRESH START COMMUNITY ASSOCIATION meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
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Tangible fixed assets and depreciation
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Tangible fixed assets costing £1000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1.Accounting policies (continued)
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Tangible fixed assets and depreciation (continued)
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Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following bases:
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Long-term leasehold property
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Short-term leasehold property
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Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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Income from donations and legacies
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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Analysis of expenditure on charitable activities
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Direct costs - Activities (Activity 1)
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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Independent examiner's remuneration
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Fees payable to the Company's independent examiner for the independent examination of the Company's annual accounts
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Trustees' remuneration and expenses
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During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
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During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL).
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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Statement of funds - current year
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Balance at 1 April 2023
£
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Balance at 31 March 2024
£
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FRESH START COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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Statement of funds (continued)
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Statement of funds - prior year
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Balance at
1 April 2022
£
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Balance at
31 March 2023
£
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