The Trustees are pleased to present their Annual Report together with the financial statements of the Charity for the year ending 31st March 2022. The Charity Commission entered the organisation into the Register of Charities with the Registered Charity Number: 1172789
The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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).
Our client groups who are low-income households spend a larger proportion than average on energy and food so are being more affected by price increases. Many of them are now expected to pay hundreds of pounds more per year in bills which they simply don’t have. We know that the cost of living not only has an impact on material and household items and resources but also on mental health.
In the face of the growing demands for our services and diminishing resources for the sector, we are truly grateful to the board of trustees for their continued wisdom, insight and hard work. The board remains committed to its governance role and will continue to support the relief of immediate needs as well as create real solutions to tackle the root causes of poverty. We are also pleased to report that we welcomed a new trustee to the board which made the board more diverse and has increased our range of skills, experience and knowledge.
Read our report here: