REI GISI'EI RL¢D COfvIPANY NUMBII R: 03400781 (rt iigland oiid Wale$) Rr.GISI.ER D CHARII'Y NUMBLI R: 1064070 RbPOIII OF 7'H 'fRUSTLLS AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2 24 F()R ROOT.8 AND SHOOT Kiiigs CAP Lld SlatLilory Aiidilor 4 Grovclands Boundary Way Fl¢mcl14emp8lead H¢rifordshire FIP2 7TE
ROOT.S AND SIIO cor4TlI NTS OF TFIE Tr'lINANCIAL s'fATEhl NTS for the Year Ended 31 Au ust 21)24 Page Report of the Trusttes Report of the Ind¢pendeot Auditors 6 to 9 Statemeiit vf Flii#nclal Actlvltlo$ 10 Balanee Sheet Ca$1) Floiy St&¢ement 12 Notes to the Cash Flow Statement 13 Notes to the Ii'inancial Statements 14 to 24 Detailed Statement of Flnanclal A¢tlvltJes 25 to 26
ROOI'S AND SHOOI'S EP f(br th , Ye#r &:nded 31 Au TEE st. 2024 Th¢ trustees who 4qr¢ also directors of th¢ ¢hdrity for thL piirposes of th¢ Comp<1nies Act 2006, prL'sLnt their report with tlic fiiiancial sial¢nicnis of lh¢ cliai'ily foi- the year ended 31 Aiigusl 2024. The Ii'llslees liave ttdopl¢d Ilie pi'ovisions of AceoLinling aiid ReporlirLg by Ch4lrilies.' StalcieI of Reconunended Practice appliLablc to ¢Kiriti¢y preparing thcir accoun18 in accordancc willi Ilie Trinancial Reporting Siandard applicubl¢ in Ihe UK and Republic of Ireland {FRS 1021 (¢ffLL'tive l Janiiary 2019). OBJECTIVES AND ACTIVITIES Objectives and Aljns To advance educalion for Ihe public beiiefit by th¢ provision of training and education lo yoiing people with learning difficiiliics dn(Vor Lmotional and bohaviouriil probl¢ms aiid to promotc for the benefit of the public and to advancc the cdLicalion ot. th¢ piiblic 111 the con8ervalioll protection and improTremenl of th¢ ptLy8ical ond naliirthl environment. The charity seLks lo uchieve its Lharilable airn& by providing: Educlilion nd trainAng in hortiLulttl and c()nservation for young, people with learninu diffi611liics, social and elliotioftal probl¢ins, to lielp th¢Ln fmd and keep eimploynient ironm¢ntJl ¢diicic tion foi- the whole coMmi1(Y and for the enrichment ot the biodiversity ot thc loial are Publl£' benefit Th¢ Tru5tkncs ¢onfirm th¢y hav¢ ¢ompli¢d with their duty in s¢¢tion 17 of thi CharitiLS A¢1 2011 lo have due regard lo the Charity Commission's genei-al guidance on PiLblic b¢nefil. Roois aiid Shools provides vocational Irainiiig for young pcople with l¢arning, bi'havioural and cmotional diffiGulii¢s which includes support lo improv¢ fuii¢tional skills and persi)nal dcvclopiiient alonLiside pr&cliLal skills in Mrc£lS includin¥ FIorliculiiire and Reillil. W¢ also pr()vide cnvironmenlal edu¢ati(Jn lo sLhouls the l()Lul Lorninunily dnd lis¢ th¢ asbels and rcsources of the churily lo proinote a bUSt&inable enyiroiimenl and For the benefit oftlie publiL. The ch&rity is located in inner city ar¢8 whcro many local i'esidenls and s¢hool6hildrcn liv¢ on laruc s(Icial housin¥ eslales dnd do nol liave aLcess lo the ndlural worl(l. We aim 10 redress ihis imbalanl'e by working iyiih schools an(1 the wider community and encourage 4iccess lo and iilc of tli¢ Wildlife Gard¢n. neighbouring Iiind and the ch<1rity'y i'csources and exp¢rlise.
ROO'I'S AND SHO TS EP fur thts Y gr F.nded 31 Au st 2024 ACFIIEVFLMENT AND PERFORMANCE Thei-c hav¢ bc¢rn 6.3 sliiilenis eni'olle(l in the 24-25 aciidemic year, and we are on track Il)is ycar for mol'e rcferral$ than ¢vcr b¢for¢, a retle¢tion ot the oiitsl&nding woi'k of our ¢duL'alion lea .0 both mct Mn(l ¢xci¢dcd oiir contnctulll requiitmcnts For the D¢parlinent of Ediieaiion. F,ach Roots aiid Sl)ools sttidenl receives a bespoke progi'ain according 10 need and inler&8ls, with a range of holi8li¢ support and & d¢dicate(I maiiager who directly supporls Student.% and Iheir famili¢y with ongoing Safeg7rd1g (Inil w¢lture issues. This yL'ar w¢, ure iyorking loW.d8 the Malri.x Siand¢ird d8 P<irt of our (levelopinenl ol the Ciireers Programme, ¢nabling our sludenls to build their ivork-readiness Skills and lind employment at the end of thLir Ir&ining. Th¢ Study Programme FlortjLiilre studLnls work extinyiv¢ly onsite and tor orhei, community groiipg to positivLIy inipacl the local area, this year winning sovcral awards from the Rl.IS and other gardcning organisaiioiis for their work. Our School Links prograinm¢ has gi'own, lollowiiig siicccssful fiiiiding toi. a 3-year rolling progyramme ben¢filling pupils of th¢ L<imb¢th SEN schools LEinsdown¢. Turney lliid Elmcourl. Tliig hclps to build our rclalionships ivith lo¢Jl SEN secondary schools, and provid¢8 a funnel for fiilui'c Sliidy Pi'ogramme rccruitmeiil. Wc hav¢ also beoiin lo liiriher collaborat¢ with oth¢r local SEN collegcs to eThhunce opporyuijilics for young LondoE)cr5 with SEN. Our comprehensive building and maintenance programme this year iTh¢lud¢d renewal ot all ¢lectri¢al, heating (including solur), so¢urily and lift systems. a8 well (is improving distibltd aL'Less to ull ¢xlcrniil doors and the accessibl¢ toilet, i)]aking the buildings iip-lo-dal¢, suslllinable, ancl ellicient. We haye coinpleted OUT new HorticiiliLire Clabsroom, now allLd "the Burn" incrcasiiig our capLIY tor horliciillure students L)n both i)iir existing programmcs, and new BOST Future Gard¢rAers programme, &8 well as lor CQLnmunity use. "I'he onsite shop, used tror Customer Service Iraii)ing, was renoval¢d lo be more accLssible for students, and more ultraclive to yludenl's polenlial cuglomers. Our website, launchcd mid-2023, has directly supported the promorion of <ill <1SP¢Ct5 of our work across cduc<ition, veniie hir¢, voliinleering and COlJAniinilv ¢ngag¢menl, and brolight in new funding slroams via greater niinibers of donating individuals, corpoTh)te groups ¢ind f(Trundations, Posl-covid, we hdve fully returncd to running biannual Community opoTh ddy events. -hICh promote cnvironmeiilal cduLalion in the Lonltnunily willi horli¢ullural, wildlife-fo¢used and Lrealive a¢tivili¢s, ith aroilnd 400 people allellding each eveiit. We invtte environmental oharilies to lake part in thes¢ events to further rfrromote &waren¢s¥ of environmental isyues and iv&ys everyone can siipporl naliire locally. Oiir ¢vrporat¢ voluiiteei'in¥ progr1)me ib focuscd i)n doing pNIGli¢al aclivitics ivhich h¢lp iinderpin Ihe hibh Slund47rd ot our giardens. l.his year we hosted 34 volunltti'r groups, made lip of 394 ittdivi(Iu1¢ Is. Volunl¢erb gpel up-close with naLur¢, as another form of environmenlal education wbich reachcs an audicncc ivlio arc olhernvis¢ nattii'¢-dcprived. This year we collaborated with Buttei'fly ConsLrvalion on a successful art project with the (irounding Pr(ijci't, an NHS horlicultural therapy programme for reftig¢e8 artd k].syluin seekers sllflei'ing Crom PTSD. As part ot Lambeth Coiincil's BLC Road% project. we dov¢lopLd parl of the neighbouring L&mbcih Walk DoorstLy Green into a wildflow'cr mi'adow. improving local biodivei'sily and engii ging over l 00 siudents, loeals and corpor<iie voluni¢¢i's who created Ihc Incadow. INANCIAL REVIEW Rcas¢rvLis polily The Lhurity's treo reserves AS at 31 August 2U24 ivere £527,787 (31 August 2023,. £37().902). The Iruslecs set aside 8UI)i ot £ l 00,000 10 cover and 8ateguard the costs ol. ils core training aclivities in case ol untore8een deluys or problenis with governtncnt and other funding. This is based on (ln estimalc(13 month's cost. In addition th¢ trustees recognise the costs as801iHt¢d with aintaInIng the biiAldings. facilities and site and to ¢nsLire compliancc with building and health and saleiy rcgulaiions and baTre allocaled a slim of £20,000 lo cov¢Y such costs. This is b¢ised on the ciirrenr e.xpenditure on roLiline impi-ovemenis, planned Inointenllnce and the replacement OF ¢%s¢niial plant and equiptnent. The Hall and Fr¢¢hold Properly Flind repi'esenls the nel book value ofthc pi'op¢riy held by tlie chai'iiy.
R001'8 A.ND S11001'S REPORT OF THE TRUSTEES ror the YeAr Ii.ndod 31 Ali list 2024 I[NANcIAl. R WVILW Colng concer 'I'he Iiiiancial sialeinenls have been prepared on a going concem basis which assutnes that the charity will continue lor the next 12 Inonihs. The trustLLS Colltiniie lo adopt the going ¢on¢ern basis of aLcoiinting on Ibc basis of coi)tiniied runiling Iroin local aiiihorilie5 and diversifi¢&tioL) iiiio ancillary aclivilies Èo tsupport the long term strategy of the charity. ThL tivsli'es rcgiilai'ly Irviciv thi tLlldiicial position and performance of thL Lharity lo eijsiire thei'¥ is rL.levant conlit)genci¢s in place shoiild their ftinding be impacted. Thci'c are no ninlerial uncerlainiies about the charity's &bilily lo continue for thc foresLeable future. FUTURE PLANS As purt OE our cap<iCity-biiilding inilialive, this coming year we will begin r¢developin¢nt ofthe tinal quarter of the Wilil GdrdLn, which will be trun8fomiLd into a gi'avel garden 21nd lurge oiitdoor a¢tivity areu for tdl Lurrenc programmes, as well as a new programtt)e locused on environtnental edlicatioll Cor children. We contiiiue lo collaborale wtlh ot'her environmenlal charities to further our iinpacl on the urball environinent, and are woi'kingr wilh Ldmbeih CIIutLLiI lo dir¥¢ily iproV¢ biodik'er%ily In the IoLal area. STRUCI'URb, GOVI RYAIN CV AND MANAGfi MEI [T Ciovernlng document "I'he charity is eonlrolled by ils governiiig docuinenl. a deed ol. IrusL and conslilutes & limiled compuny, limited by riiurdniee. as defined by the C'ompanics Act 2006. A rcvi¢w aijd iipdile of th¢ Articl¢s of Associ&tion is lo be agrecd by tho Charity Commission iii 2025. This would inci'¢Jse Ihc thiitnb¢r ofTruslecy from 8 10 1 O, lo reflcct Ihc growih and dcvclopmenl ol. Ili¢ chai'ily. We have been deY¢loping the rcsilience ol. the organisalion in a vuriely ot. asp¢cls, incliLding cybcr%eciirity, Gl)PR, operations and financial reporting systems and safcguards, with incrcascd training for all staff. Orgthnisational strueture Rools aii(I Shouts lias a ¢l¢arly d¢ffined striicture Lompriskng a board or trustees and a finaiice and genei'al piirpose sub committee. This goveming b(Jdy lias responsibility foi. Ilie overall man8genJenL, 51ralegic direction and policy of the charity. The day to day responsibility for (he provision of SCLwices, admini.8tralion, operational tunctions, fiinthaising attd development ot'th¢ org<U]iS4itiOll 15 the resi)onsibility of th¢ Roots and Shoots Company SLcrL¢ary. Indiictlon And traAning of new triistees "I'riislees are appointed by Ihe Board and serve for three yecirs after whicli they may be re<ippointed. Poteiitial truslees ar¢ inviled tsi siibniil a CV to the Board lo me¢1 ivith the Director, Chair and oiher Iruslces as n¢c¢ssAry. They are provid¢d wilh iiiformalioll on Ihe Lharity and a copy of ihe annual accounts, Trustees, interests. ar¢ r¢corded OD appointm¢nl and updaied annually. Any likely conllicl of itLlcr¢si is declRrcd ai the start of each m¢eting, iecorded in the Ininutes and it. appli¢ablc th¢ Lruslee woiild noL parliLipate in Ihc decision. Rlsk mAnAEement The Iriislees have a dilly to review ¢1nd idenlify Ihe risks to whieli the cliarily is cxposed and lo cnsure appropriale controls are in place to provide reasonable assuraiic¢ agaiiist fralid and error. 'll'he trust¢¢s have established u risk register whicli is rcvi¢M-cd on an annual basis and monitored al Ilieir quarlerly manag¢m¢nl Llieelings. RLI blRFJNI Cl.: AND ADlIlS.fRATIYF DF.I'AYI.S ReglsterL'd C(hmpanv number 03400781 (Enbildnd 4n(I Wales) Registered Chai'lty niimber 106407 Page 3
ROOI'S AND SHOOI'S RT 'riiE TRU for thL' Year LndLd 31 Au TEES ust 2024 Reglstered office Walnllt Tree Walk IC¢nning¢on London SEI16DN Trustees Rcv G G Cocking D Coghlan G King M L Macdonald A M Mitchell V A Stapleton J Thomson l) Campbell (api?oinled 22.2.24) Compathy Setretary L M Phillips Auditors KinbFS CAP Lid sthtuiory Auditor 4 Grovelands Boundary Wuy Ilemel Flcinpsl¢ad l¢rtlord8hire HP2 7TE SI'ATII ML(Nl' Ob I'RUSI'II ES, RW.SPOINSIBII.II'ILS I'he Irlistees (who al'e also (he direclors of lioots llnd Shoots (or ihe purposes of company laiv) are respoiisible for pr¢pdring the Rcport of the T(C¢s and Ili¢ financial slaiemeTrls in dc¢ordanc'e will) dpplic8bl¢ l(iW ¢1nd Unitcd Kijigdom AccountIg Siundards (United Kingdom Generally Accepi¢d Accout]ling Practice) inLluding Tr iuanLiJl Reporting Siandai'd 102 "The Finuncidl Reporting Si<indai'd Mpplic'dble in lh¢ UK lind RepLibliL of Ircland" CompyAny law requires the tru8ices lo prepare financial slat¢mertls for eaeh finaiici&l yoar ivhioh give a true and faffir view rf)r the slate of affuirs of tt]¢ chariluble company and of the in¢oimiiig resoiirces and application of re8oiirces, including the inoome and expendÈturc, of the cliaritable company for that p¢riud. In prepJring thosl financjal 51¢ltLnienls, th¢ truslees are required lo select suilablc accounling poli¢i¢s and then apply Ihein ¢ortsislenily' obsL'rne the methods and principlcs in the Chaiity SORP; make judgements and eslimales that 4re rcasonable and prudcnl. prepare Ilie financial st1( l¢ni¢nlS on th¥ going con¢erii basLi Ut]less it is ini1ppropriate lo presLinie that th¢ cliarilable ¢oinpany will continue in bu.giness. Thc ISle¢S ait i'¢sponsibl¢ fai. kccpin8 pr()per accounting records wliich disclose .1111 i'ca$()nablc ae¢ura¢y al aiiy limc the fiiiancial position of ihe ¢haritable ¢ort]pany lo eiiable Ihem lo ensure Lhat the finaiicial statein¢Dls' Comply with the Coinpfjnics Act 2006. "Fhey arL' also responsible for safcguarding Ili¢ ass¢ts of th¢ charitable ¢on)paiiy and hcnce for laking reasonable Steps for the prevention and deleciion ol- Iraii(l an(1 other irregularities. In so far as thc Irustees are aware.. there ib no r¢levanl aiidil infni-matinn ol-which the charilablc eoinpaAy's dudilors ai'¢ iinawar¢; and the trustees huve taken all sl¢ps that thLy ouglit to h<lVL ILiken to make thcmselvcs awar¢ of siny rclcvanl audit inlornialion aTh<l lo establish Ihal the aildilors al'e aware ol. Ihal infonnalion, AUDITORS The aiidilors, Kings CAP Lld. Ivill be pi'oposed for re-appoinimenl al the forthcoming Aftnual Cjeneral Meetitig. Pag?e 4
Roo'fs AND SHOOTS REPORT ofi TIIE TRUSTF.ES f4)r thL, Ye81. &,ndod 3J Au ust 2024 "I'his rLporl has boen prepared iii accordan¢e with the s1)¢Lial provisions otr Ilarl 15 of thtt Comptu)ies Aci 2006 relating to smull compaiiiLs. ApprovLd by order of thc board of trust¢¢s on and si8n¢d on it5 b¢half by.. V A Siaplelon - "fnisLee
REPOR'I, OI", I"HTr, INDfi.PTr.NDI4 NI, AUDII'ORS TO'fHTr. ML.,MRILI RS or ROO'X'S AND SHOOTS Opinion W¢, have lludiled the tinanciiil slalemenly of Ruols ai)d Shoots (thc 'charitsble company,) for thc year LtLdcd J I ALigusl 20?4 which coniprise the Sthlemeiit of Fiiiancic11 A¢liviiies, Ihe Balance Sheet, Ilie C<lslI F low Siutein¢iil and notl8 to IhL Finkll]Ci<l1 stdtcmcnts. incliiding a sulnmary of significdnl ac¢ounting policie.s. The fi1)arLCii I roporliiig rramework (hal has b¢en applied tn their prepar<ilion is applicable l¢iW and United Kingd()m Accoiinling Siai)dl¢ rds (L'nil¢d Kingdom tiLncrally A¢L¢pt¢d Accounting Practice). inLludiThg Financi¢il Reporting Siaiidard 102 'The fii)dncial Reporliiig Standard applicabl¢ in ¢lie UK and Repiibli¢ of Ireland.. In oiir opinion tllc financial slaiemenis: give a true and tair view ol. the siale ot the charitable coinp811y's affairs as at 31 AuLFusl 2024 and ot its inLoming resourLCS und appticalion of rLSOUI'C¢,s. inGILidin¥ its inc()mL and expcndittire. for thu y¢ar then cndLd,' hae been propgrly prepared in accordance with Uniled Kingdoin GenLr<illy Accepted Accounting Pr<iclice, includin Fin¢WL'idl RLpoLting Stiindard 102 'Th¢ fin£incial RLPOrting Standard JppliL'ablL in thL UK and Republi¢ of Ii'kland,; and been prepared in a¢cordllncL w ith th¢ rcquirgmellts vf thL Companies Act 2006. Batils for oplnlon W¢ ¢ondu¢l¢d our audit in aLcoTdan¢L w'ith Intiriiational Standards on Auditiiig (bK) (ISAs (UK)) and IippliLablL law. Our r6spongibilities undei. those standards arc liirthcr described in the Aiiditors, r¢8ponsibilities foi, the audit of the financial slalements 8ection of our r¢port. We ar¢ indeperjdent ol the chariiable comp&iiy in CLo[danc¢ with the eihic<il r¢quirts'Tnenls Ihat air rclevanl lo our iiudil of the fincillcidl slul¢mcnl$ in the UK. ints1i1llg IhL FRC'S I, Lhi¢al Siaiidiird. an(1 the provisioiis avufftlable for sm&ll ei)tilie%, in rhe eircLimstaiices sei oiit in note 18 to the financial slatements, we huvi fulfill¢d our other cthiLal respoi)sibilitlLS In dL'L'()rdanc'L .11 thos¢ rcquii'¢inLnls. We believe thul the audit evid¢nc¢ ive have obiain¢d is sufficient aiid api)ropi'iale lo provide a basi5 tor OLir opinion. C(biicliislons relatlng to going concern In auditing Ihc financial slatciY)ellts. w¢ have ¢onelLided that Ihc IrLisle¢s' use of the going concern basis ot. accoiinling in the prcp%iration of th¢ fin4in¢ial sttitemcnls is appropriate. Ba.qed on the work we have perfomied, we have noi identified any mulerial uncertainlies r¢lating lo events or conditions Ihal, individiililly ur L'olleL'liv¢ly, may usl significani doubi on th¢ ¢harilttble comptY'S abili¢y lo conliniLe ¢1% J goin concern for a period of at least twelve monihs £rom when the financial slaL¢iyi¢iIIs are auihoriyed For issu¢, Our responslbililies and the re5ponsibililies ol the Irusl¢es with r¢spect to going concern llre described in the r¢l¢vuiit scclions of tliis repon. Other Inform#tlon The trus'tLes ai'c responsible for tho oth&'r informdtion. Th¢ oihLr information conipris¢s ¢h¢ information includLd in th¢ Annual Report, other ihan (he financial slalcmenls and our R¢pori of the Ind¢pondcnl ALidilors Ihei'eon. Oiu. npinion on 11)e linaneial statenients does not co%'¢i' the oiher informlllion and. exccpi to the exieni ouiern'ise explitiitly .8tated in our report, we do not L'xpress any forin of as511ronc¢ conclusi011 iher¢on. In coniieclion with our lllidit of the Financial slat¢inenls, our retsponsibility is lo reiid th¢ other inforinatÈon and, sn doiL)g so, eoiisider whcfhcr the other intorniation is nialcrially incongi%leiil ivith Ihc financial sLitcmcnls or our knowledgc obi<iined in Ihc aiidil or oihei'wi4c appears lo bc malei'ially mibslaled. It Nvo identity Slich material inconsistellcies or apparcnt material rnisslatcments, we ar¢ requir¢d lo d¢t¢rminL' whether this gives rise to a maiei'ial misSt<ltement in the tinancial stalcincnt8 Ihein8¢1v¢s. Tf, ba%¢d on the work we liavc p¢rtormed, we ¢oncludc Ihul Ihcrc is a maierial misslat¢menl of this other infoimalion, Ive urL rcquirLd lo rcport tliut fact. Wi, hak'¢ nothing to rLporl in this rcgiir(l. C)plnloii$ oil other mattirs prc.s¢rih¢d by tlie Comp411i¢3 Aet 2006 lil our opinion, based on the work undertaken iii the coiirs¢ of the audit.. Ihc information given in the Report of ibc Truslees for the financial year lor ivlii¢h the financial slalemcnls are prei)ared AS con.%istenl with the finl¢ ncial statem¢nts.' and thL Rcport of the Trustccs has been pi-epai-cd in accordance with applicable ILg<il requirL'mcnls. Page 6
RLPORT. OF I'HTr. IYDV.pfi NDF.NI' AUDI'I'ORS TO'fHf. MfMBf.RS OF ROOTS AND SHOO'rs Mlltters on Ivhieh we are reqiiired to report by e.%¢eptirJn In the liglil of the knowledge and underbtaiiding of the cliariiable company and ils eiivironment obtained in ihe course ot thL (iud&l, Ive have not idencified niaterial inisstalLmenls in the Report of the Trustees. WL h£?ve nothing lo report in rLspect of the following matters where the Companies Act ?006 requireb US to report lo you if, in oiir opinion: adLqUJte accounting record8 havc not bccn kept or returns adcquato for our audit hxvc not bccn rcccived from branclies nol visitcd by i. or the tinancial statements are not in agreeinent with the aecoLinting records and returns. or certain LlisclosiirLs of tIsteC8, r¥munLralion specifLed bj law arL' not made. or we have not r¢c¢ived all the inlorinalion aiid exi)lanations we irqiiir¢ for our audit. or th¢ trustees wer¢ not entitled to lak¢ udN'anttlb7L' nf IhL sm£ill L'ompaniLs exc'mpiivn from the requirement to prepare Slral¢gi¢ Ileport or iii preparing the R¢pori ofthe -1 TllYtee5. Responsibilities of trustees As ¢xplaineil morc fLilly in Ihe Staleinenl of TrLislees' R¢sponsibililies, th¢ irlislecs {who are Also the direciors of Ilie chdfitablc company for rh¢ purposcs of company law) are r¢sponsiblc for Ihc preparation of th¢ financial stalem¢nts and for b¢iiig salislied that they give a tnie and fthir view, and foi. such internal ¢onlrol as th¢ IrL19tee$ determiiie is necessary ¢0 ¢nable the Pf¢Pcif¥ilion of fm(IllLiiil stutemenls thal are free from Inaterial illisstuteinenl, whether due lo fraLid or errur, In preparing Ihe rtnanLiai slaleineiits, the trustees al-e responsible for asse58iiig the charitable company's ability to conliniic 42 going Lonccrn, dis¢lusIng as dppli¢able, mailers, related lo sroing concern and using th¢ concer bDsis ol. accounling uiiless the Irii8tee.s ¢itl)er intend to liqiiidate i.he Churituble ¢ompaiiy or lo cease operations, or have no r¢alistl¢ kili¢rnalive but to do so. P4ge 7
RLPORI. OF TH: INDI,. ,.N"r AUDII'OR ROOTS AND SHOO'rs 'I'o'rHE Mri IWIBII RS OTr. Our responslbllltles for the audlt ot, the financlal stlltementS Our objecliV¢8 are to obtain reasonable aSSLiranc¢ about wheiller the Iittan¢iol sl&temenis as a whole are Iree lioin rnsltcrial niisStal¢mciit, wheilier due to frmud or enr ¥ind lo issiil a Rcpvrl of th¢ Ind¢pcndLnl Auditors that iJ)cludLs our 01)inion. Reasoiiable asslirance is a l)igh level ot assiirancc, bllt 18 noi a giiarai)lec thai an alidil cor)diicicd in accordance with ISAS (UK) will &IayS del¢ct a material nLisst&lLment when it Lxisls. Miysliil¢tn¢iils can arise from.fr4iiid or error and are consideiEd malerial if, individually or in Ili¢ &ggregate, Ihoy coiild reasonably bL ¢xpe¢tcd 10 infliience the economic d¢cisions of users taken on th¢ basis of these fiiiancial slat¢m¢nl5. 'I'he extent to which our E?ro¢edLires are cai)able of delectiiig irregiilarilies. incliiding fraud is detailed below.. Our approach to identifying and as8essiii.Ly the risks of m&terial misslalenient in respecl of ilTegulurilies, incliiding fra(Id and nonmcompliance with laNVS 4ind riLTulutions Wds, tc) ¢nsur¢ thc engagernent team colle¢tiv¢ly had th¢ uppr()prial¢ compelence, capabilities and skills to identify or recognise Iion-compliance with applicable laws nd r¢¥iilations. W¢ obtained an understaThding of the legal and regulatory Iraineworks that ar¢ applicable lo tho entity by way of discussions with Ihc trustees and from our cornmcrcial knowlcdbyL and cxp¢ri¢ncL in thi. Lhai'ilablc sector. W¥ foLuscd on sp¢cifiL Iuw8 and regulalions which we Considered may have & direct maicrial cffccl on the linan¢ial statements or the op¢r¢ltions of the charity, ittcluding the Compaiii¢s Act 2006. Chiriti¢s ALt 2011 and ddta protLctiun, Lmpluynjcttt and health and safcly legislation. We.ass¢8s¢d Ihc ¢xlcnl ofconipliance with tho lthiys and regulations identili¢d abovc Ihroligh niak ing onqiiiries ot management and in8peLting legal corre.%pondenLe dnd i(lenlified luws aiid r¢giilalion8 were ¢ommiini¢aled .1£hIll the audit Icdm re&iularly the ILam rcmainLd ulLI'1 to in%lanc¢s ()t' non-complitiii¢L Ihrou¥houl IhL cqiidil. We asscksed the siiscepiibilily of Ihe Lhariry's fin1¢ nciul siaiemenls io m&t¢rial mi5staiemcn¢, includingb obidininby an understan(ling ol.. how Iraud might occur, by muking erLqiiiries ot illanagemeiil us to wh¢r¢ Ih¢y ¢onsid¢r¢d Ihere was usLeptibilily lo fraud, Iheir kThowl¢dbTe of aLtiiiil, ¥usp¢Ll¢d and alle¥¢d fraud,. and considerin¥ the ini¢rn¢il Loiilrols in pla¢¢ iu Iiiiligale risks or rraud and non<ompliance with laws and regulations. To addross the risk of fi'aud Lhrough manag¢inent bias and override of controls we perlormcd analytical proe¢dur&s to idciiiify any uniisual or un¢xpiYt¢d r¢l¢ltionbhips,' tGstLd journdl inlriL's lu idLntify unusuul tr8nsactions ass¢ssLd whoiher jiidgeinenls and assiunplions madc in delermiThing Ihc accoiirhiing c81iniale8 wer¢ indicalive of poleniial bias,. and inv¢stigat¢d Ihc rationale bLhind significant or unusual transactions. Jn respoiibe lo th¢ risk of in'egularilie8 and iion-complitince with laws and regulations, Ive (lesigiied procedui'es whiLh inLluded, biit were not limited 11).. agreeing finanLial slat¢illenl disLIo8urvs to undttrlying siipporling dociinienlalion., enquiring of management as lo aolual and poteiilial liligalion and clain18-, and reviewing correspondence with relevant regulators. and the compaiiy's ¢xleriial advisors. Ther¢ are inh¢renl limitation.8 in our aiidil procediiits described above. The more remov1 thai laws an(1 regiilalions a from finanGi<il traD5¥lCtion&, the less, likely it is wi. w'oiild become dwarc of iion-compliance. Audiliiig st£indic rds also limit th¢ aiidil pmcedure% reffjiired lo identify non-compli<lnCC with laws and I'cgulalionts to enquiry i)f the and Iriisleeg and othLr managLmcnl and thL inspection of rcgulalory and Icgal correspondenci, if &iny. M4lterial mis511% ILmcnls that arisc due lo fi&ud can be harder lo detect thdn thoye Lhal ari.sc fi'on) error as they may itLN'olve deliberate concealmenl oi. colliision. A fwlher desci'ipiioi) of our rcsponsibililies for Ilic &udil of Ilie financial statements As located on the Financial Reportin8 Council's websit¢ al www.fr¢.org.uk11% iiditOTsresponsibiliti¢s. 'I'his d¢%cripiion forms parl of our Report of Ille Indepeiident Auditors. Page 8
RTr:POR'I' OF THI.: IYDEPLI NDII AUI)I'foRS "ro i'HE MFMBLI RS OF ROOI'S ANI) SHOOTS Use ofour repnrt 'his pOrt is ma(le solely 10 the charilable ¢oini)any's inenibers, as a body, in accorilaiice with Chapier 3 of Part 16 or Ihc Con)panies Act 2006. Our audit work has b¢en ut]dertakcn so that we Hiighi sb'ite lo the charitable comp<iny's mcmbei's tliose matters are reqiiired to slate lo thetn in an aii(IiLors' rcporl and lor no oikiei. Plirpose. To Ilie fiillesl exlenl pcrtnillLd by law, Ivc do iiot accept or <?ssunic responsibility Io (Inyon¢ other thali the charil¢ible company and th¢ charitAble Ci)mpany's members as A body, for oiir audit woi'k, for Iliis report, or for th¢ opinions wc have forined. Sara Br(Jwn (Senior Sl<11iilory Aiiditor) lor und on b¢h(Ilf of Kings C.AP Ltd SuiLilory Aii(litor 4 GrovLl¢inds E30111i(lary Way Heincl Fl¢mpslca I lerifordshire HP2 7T[ Page 9
ROO'I'S AINI) SIKOO"I'S STATEMETr4T F FINAJCIAL foi. the YLaJ' F.nded 31 Au TIVITIES ust 2024 31.8.24 31,8.23 "I"olal Fiinds UnrLstriLte(I funds Reslricled Flmds tvnds Noles IJNCOME AYD Ehl)()WMLf4TS FROIV DonatIoS and lega¢i¢s 1,068,121 I,lJ68,121 1,065,90Q Charlt#bl¢ actlvltles Cbttritable a¢tivitiLs 3,401 3,40A 2.760 Oihcr trading a¢livili¢s Invcslmenl income 146,342 4,678 99,393 5,163 245,735 9.841 284,996 2,826 Total 151,020 1,176,078 1,327,098 1,356,482 EXPFNDITURE I)I Charlt4ble aetlvlties Charitable aLlivitieb 3,133 1,284,669 1,287,8114 1,207.756 Other 32,760 32,76V 32.760 Toti)I 3,135 1,317,429 1,320,564 1.240,516 NET INCOME/(EXPEIYDITURE) I'ranst'Lrs b¢hYeen fund5 147,885 (37,214) (141,351) 37,214 6,534 115,966 l6 Net movement in funds 110,671 (104,lJ7) 6,5J4 115,966 RECONCII.IA"I'JON OF Tr'ULNDS 'rot&l lunds broiighi forward 379,902 1,065,868 1,445,770 1,329.804 TOI'AL b'UNDS CARR.lTr,i) foRW ARI) 490,573 961,7Jl 1,452,304 1.445,770 The notes form part of Ihesc linancial slalein¢ni.s Page 10
ROO'I'S AND SIIOO'I'S BALANCE SHKET 31Au Iiist 2024 31.8.24 'J'otal fullds 31.8.23 I'otal tiinds Unresiricted fuiids Restricted funds Noies FIXED ASSETS T1< iigible abSets 13 834,836 834,836 812,072 CURRf.N1" ASSE'I'S Debtors c.ash at bank in h(ind 14 42,164 100,982 42,164 591,555 69,385 597,326 490,573 490,573 143,146 633,719 666,711 CREDITORS Amounts falling due wiihin one year 15 (16,251) (16,251) (33.013) NET CURRENT ASSEI'S 4911,173 126,89S 617,468 633.698 TOTAL AS,8EI TS LESS CURRENT LIABILITIES 490,57.3 901,731 1,452,304 1.445,770 TriET ASSEI TS 490,573 961,7Jl 1,452,304 1.445,770 II'llNI)S Lnr¢slricl¢d Iiind Resiricied lunds 16 490,173 961,731 379.902 1,065,868 TOTAL FUYDS 1,452,304 1.445,770 Th¢sL financial staternenls have beeii prcpi?red iij acLordJnce with th¥ provisions applicable lo charitablc companiey Slibjecl to the small companies I'¢gitne, The financial slatemenis ivere approp'ed by Ibe Board of Tnislees and authorised for issu¢ aiid were signed oij its belialf by.. on V A Stapleton - Tni8lee The notes lorin pnrt of11)ese linan¢ittl 4lulein¢nls Page Il
ROOI'S AND sFioo"r CASFI f4L W ST2lTEfvIENT rur thL Y'llr F.ndL.d JI Au USÈ 2024 31.8.24 31.8.43 Notes Casli floivs from oper#ting actlvlties Cash generuled from opcric liony 58,570 145.363 Nei ¢as11 provided by operating aclivilies 58,57 145,363 Cash floivs from inveyting #ctivltie5 Purchasc oftangiblc fixed assels Int¢rc81 r¢c¢ived (74,182) 9,841 112,316) 2,826 N¢t cash used in investing activilics (64,34l) (9.490) Change in eash alld cash equlyalents In tlie reportlng perlod Cash and cash equlvalents At thL begliinliig nf the r¢portfing perlod (5,77l} 135.873 597,326 461,453 Cash alld equlvalents at the end of the reporting perlod 59 I,555 The notey form pThrt of Ihcye fiiitincial slKltetnenls l)llgc 12
ROO"I'S AND SIIOOI'S NOTES TO THE ASH fLOW foi. the Year Lnd¢d JI Au TE.IENT YY5t 2024 RECONCILIAT10Tr4 OF fiET I,YCOMI E TO NET CASH FLOW FRO.M OPERATIYG ACTIVI'fiES 31.8.24 31,8.23 Net IncoTn¢ frfji. tlie rLporlliig perlod (as per the St&tem¢nt of b Inan¢lul Activities) Adjustnients for: DL'pieci<ion charges Inleresl receive(I Decreasel{increa.%e) in debiors (Deci'casellincreasc in crediiors 6,534 115,966 51,416 (9,841) 27,223 (16,762) 55,5.31 (2.82C)) (35,616) 12,308 LY¢t cash provided by operatlons 58,570 145,363 ANALYSIS OF CHANCTr S I.Y NTr'l'.II UNDS At 1.9.21 Cash flow At 31.8.24 Net cash Cash ai baiik and in hand 597,J26 (5,771) 91,555 Sy7J26 (5,771) 591,555 TotAI 5.97,326 (5,771) 591,555 The nolcs form p(Irl of Ihcye financial statements Pagc 13
ROOI'S AND SIIOO'I'S NOTES TO THE FIINA IAL STATEfvIF.IITS f r th Year Elided 31 Au ust 2024 ACCOUJTING POLICIES B&sig of preparlng the flnanciil statement Th¢ financial btatemenls of the charilubl¢ coinpany, which is a Pliblic beiiefit enlily under P'RS 102, have been pit'pared in aLcr)rdanc¢ with the Lhariti¢s SOIiP (FRS 102} 'AL'¢ounlin¥ dncl RLporling by C.hai'ities.' Stntemcnt ol. Il¢comin¢nded Practice applicable to cl)arilies prei)aring their accounts in accordance wit'h the Financial Repolting Stdndiii'd applicabl¢ in rhe UK and Republic of Irel£in(l (FRS 102} (¢ff¢¢livi l Jttnuary 2019),, binancial Rcpoi'ling Standard 102 'The Pinancial Reporling Siandard applicablc in the UK and Rcpiiblic ol. Ireland, and the Compani¢s Act 2006. The financial statements hav¢ bc¢n pr¢pared under th¢ historical ¢ost convention. The financial statoinenls have b¢en prcpar¢d on a going concern basis whi¢li assiimes that Ihe charity will (Jntinu¢ for th¢ n¢xl 12 nionths. Thc IiusleLS cuntinue to a£lopt th¢ going conclrn basis of M¢counling on th¢ bi1Si¥ of Luntiniicd fundin8 trom local authorities and diN'ersificalion into ncillary (l¢tiviliLs to siipporl the long term stralegy of the charity. 'I'he truste¢i reglilarly revieiv the tinuncial position and perlorniance of the Lhurily to ensure thei'c is releant LontingLniic8 in plaLe shoiild their fiinding be impacted. Thlre are no mdlLI'ial uncerlaihiies about the chkwity's ability to eottlinue for th¢ fores¢eable future. Income All incomo is r¢cognised in the Statement ol'FinaTh¢ial Activities oi)c¢ the charily has ¢nlitlcmcnl lo Il)c funds, it is probabl¢A that th¢ inkotn¢ will b¥ ric¢Rv¢d and the amount ¢an bL ih¢asur¢d rLliably. Voluntary incom¢, iu¢luding doiiatiuns, gifts <ind le¥&cics t)nd grants that providc core liinding or of ¢1 gcncrdl n&luiE, dre i'c¢ognised where there ts eThliilemcnl, Lerlainly of reLeipt and ihe drnouilt Lan bc rncusured ,11 siifticienl r¢liabilily. Jncomtt derived from Hall hire and other ev¢nts is r¢¢o.gnis¢d as earned on the basis of ivhen the serviLe is providcd. Incomc from charililble uc'tivilies incliidcy incume recogniscd as Larn¢d whcre cntiilemcnt lo grant funding is siibjecl to specific performance condilioiis. C7rani incomc incliidcd in this cai¢gory provides fundino 10 siippoi't pro¥ranMn¢ uctivitics nnd is r¢¢ognis¢d wh¢i'¢ Ihcre is entiilLmLnt. L¥rtiiinly of r¢¢LlPt and Ihe atnount cali be measured wilh sul'fricienl reliabiliiy. Investment in¢oine 18 I'¢¢ogniscd on a r¢ccivablc basi8. xpeiidilure Liabilities are reeognised as expenditure as soon as there is a legal or consiniciiv¢ obligation ¢oinmilling the charity lo Ihal expeudilure: it is probable tliat a trJn8fer of econoinic benefits will be reqiiired in b¢ttl¢m¢ni uiid the amount of IhL ol)ligation can be mLa5'ured reliably. Expendffitui'c 18 accountcd for on an ueLruals bu%is and h&s been classltied under headings Ih&l aggregate &ll cost r¢laled lo the catcgory, Where ¢osl$ ¢antJol h¢ direcily attributed lo particular headlligs they have been allocated to activities on & basis consislcnt with the use of resow'ccs, Taiiglble li¥¢d assets Dttprecialion is provided al the followAng annual rales in ord¢r lo wri¢¢ off each asset ovcr ils eslimalcd useful life. i-e¢hold properly Pliiijl tsiid machinery Fixliircs and litliiigs Motor vehiL,ILS Compliler cquipmcnl Siraighi line trorn dal¢ of acquisilion 25 /0 on i'educing bdlaTr¢¢ 2)1/S0 on rcdii¢ing balance 25th/0 on rodiicing balanci, 25 /0 on rediicing balaiiee Where Ihc recoverable umoiinl of a tangible asset is foim(I lo be below its nct book V<iliic the as8ei is wriit¢n down to its recoverable amouiit &iid the loss in impairin¢nl 1% charged lo Ih¢ relevunt exi)eriditiir¢ cafr¥ory ol the Sta)ent of financial aclivili¢s. Whcrc an asgct is not priinarily iis¢d lo generate income 118 impairmcnl is c ssesseil by reference to il"s service potential oil ily inililll acquisition. In the year, Ihe charily curreuily has no tangible f¢d asscrs to Nvl)icli iiiipairmcnl pr()visions upply. Pllge 14 Luntii)Ii¢d.
ROO"rs AIYI) SFIOO'I'S
. S TO THE fiyL ANCIAL STATEMELYTS - ¢0
for thLh Y¢Ar Tr.nded J l Au
ust 2024
tliiu
ACCOULNTING POLECIES - contljiued
Tjxatlon
'I'he ¢harily is exempt Irom corporation lax on il% charitcible activities.
Fund gccountlng
Unr¢sirieicd funds can bo uscd in a¢eordance with Ihc eharitablo objecliveg al Ilic discrelion of the Irusle¢s.
Resli'i¢ied fuiids can only bl used foi. pal'tilIar resii'icled piii'pos¢s wilhin Ilic obje<ls of the ¢harily. Restrictions
(lS¢ whcn speLifi¢d by the donor or when fun<J& ai'¢ rafrscd for P
ROOJ'S AND STr1001"S TES TO THE FIIYANCIAL TtrlTEMEYT foy tho¥ Year Jjndod 3 J Au ust 2024 continue CRITICAL ACCOUIYTING JUDGETrIKNTS AND KEY SOURCES OF ESTlfvtATION UNCKRTAI.NTY rn the application of Ihc chariry's d¢¢ounling polici¢s, the trustees are r¥quircd to mak¢ jiidgemenrs. estim¢lt¢s and ssiimptions aboiil tlie carrying amount of a%sels and liabililies that are not I'eadily apparcnl from othcr sources. I'he Lstimal¢s and associated assumptions are based on hi$tori¢al expei'ience Ulid other factors Ihal are cunsid¢red to be rclL&dnt. AL'tuKI results MAY (Lityer trom these eslimulLs. Th¢ Lstimules and iindLrlyiiig assumption are i'evieived on lin ongoing bllsis. LiLiViSiOnS io aLLounting LslimatLS r¢ r¢cosiiised ITh the perio(l in whi¢h Ihe ¢stim<lte is revi.qed where the revision afFect8 only that period, or li) Ihc period of the iLvisitsn and fllture periods %vherL thc rLvision uffLcts both Gurrl'nt aiid futtire periods. Critl¢dl Judg¢menrs The following jiid8emcnl8 {aparl Iroin those involving eslimales) have had the most significant clfeci on amounls rciogiiiscd in th¢ finuncial sialements. L¢ga¢y Income Le8Lcy incomc is recognigcd in the accoiints when it is probable it will be reniillcd 10 the charity and ean be measured reliably. Key 5ourc¢% ofeslirniilioii iin¢¢rtaioty The eslimatcs and as&umplifJns iTr'hi¥h liave signifil'iinl risk of ¥ausin¥ a mateiidl adjustment to the curryin amoiint of assets and liabiliÉi¥s ar¥ as follows. Dcpreciation rcilc of Freehold Propefly Th¢ tru$l¢os adopt <1 50 year slraighi lin¢ depr¢ciation policy on th¢ buildiii¥s in which thLy u¢ciipy. Diie lo th¢ natLir¢ of the biiildings Lise ond Io¢¢iiion the depreciation rate adopied rcllects lh¢ general w¢ar aThd leur of Ihc building ovcr tirne, DONATIONS AND LEGACIEI Jl.11.24 Donations Grai)ts 62,174 1,005,947 1,022,488 I,V68,121 1.065.901) Grants rcccived, incLud¢d in the abovL. are as follows: Jl.8.24 31.8.23 EduLation dnd Skills funding Ageiicy High Needs FLinding - Lambeth Sl,:N High Needs Ftindin¥ - London Borough M¢rlon Eligh Needs Piinding - Souihwark Council I.ligh Needs Fiinding - Wandswordi CowiLil Iligli N¢cds fundiiig - Wcstminster Council High NeLds Funding - Lew'ish<1Jn C(SLincil High Needy I,'Linding -'I'ower Hamlets 491,85 I 245,847 14,424 134,068 59,043 21,464 39.2SO 498,5114 290.0•4 9.550 111,797 58,()30 14,525 21,0.33 1,005,947 1,022,488 Page 16 conliniied...
ROOI'S ANI) SHOOI'S NOTES TO THE FILNANCIAL STAT for ÉhL¥ Yo#y b'ndiid 31 Au oi ust 202 OTHER TRADIYL G ACTII'ITIES 31.8.24 31.8.23 14all hire School links & study progrdmmc 122,1)09 123,726 78,381 206,615 245,735 284,996 IE4VEI STMEYI T INCC)ME 31.8.24 31.8.23 Deposit account inler¢sl 9,841 2,826 INCOLME Il ROM CFIARITABI.F. ACTIVITIF.S 31.8.24 31.8.23 Aciiviiy churitbI¢ a¢tivilies Sales 3,401 2,760 CHARI"I'ABLE ACTIVITIES COSI'S Support osls (see note 8) DiLecl Costs I'otals Charitiibl¢ aLtiviti¢s 45,127 1,242,677 1,287,804 SUPPORT C()8TS Governance co81s Oihei Tolalg Charilable aclivitics 1,215,242 27,435 1,242,677 Siipport costs, incliid¢d in the above, are as follow$.' 31.8.24 Charitabl¢ a¢liViti¢s 31.8,23 Total a¢lLviIi¢s Wages Social sccurily Peiisions Premises cosis In.surance T.ight anil heat Telephone and internel Prinliiig, poslage & slcilionery Siindries 11(Ink ¢h<irges Staff Ir£iining Sian Iravcl Coinpuler costs 619,849 47,385 13,711 134,011 21,899 57,459 5,168 10,007 70 738 578,418 44,709 12,156 85,301 14,201 27,298 3,918 13,72S 419 11 1,950 705 8,283 16,313 12,366 CHrried Yo1rd 924,613 805,446 Pag¢ 17 contii)Iied...
ROOI'S AYI D SHOO'rs OTES TO TIIE FI AN IAL STIITEMENTS - coJitlnu¢ fi>i' th(, YL'Ar Tr;n(l¢id J l Au t 2024 SUPPORT COSTS- ¢oiitinued 31.8.24 31.8.23 Total activitL¢S activities Broiighi fonvard Motor Lxpen.8es Educaiion & Certs. CRB checks 'I'riiste¢ expenses Cleaning -8iudeiit expenses Membership & rLgistration fees Support staff L¢gal and pwfc55ional Data inuiiag¢menl Se(Lirity and health & safety Mark¢l'ing Costs 924,613 1,31) 21,051 805,446 1109 21J,926 1,032 5,344 4,S17 5,546 198 251,022 3,637 4,QOO J,049 5,279 I,l52 22,771 3,600 2J,636 12,662 429 213,880 8,764 4,000 3,229 594 711 18,656 3,600 2J,835 DLprL'uiuLion of i(IngTrible fixLQ asscl Auditors, rimiwcralion Ac¢oiinlanLy fges 1,242,677 ,159,377 NET INCOMEI(Tr,XPTr:YI)I"I'URII Nei inconiellexpeijdittirel is stated after ¢h#rging,'(cr¢diiingl'. 3l.8,24 31,8.23 Auditors, remunerauon Deprecialion - owned assets 3,600 SINI8 3,600 55,530 io. TRUSTb;LS' RbML.)FRAI'IOkl AIID BTr:NTr:FTTS Th¢i'¢ wcre no trusl¢¢s' remuneration or other bcnetils lor th¢ year et)d¢d 31 AuLYLlSt 2024 nor foi. the year ended 31 Ausiisl 2023. Ti'ustt¢8' cxpenses There ere trustee's expenses ot'£S.344 paid durÈng thL year ended 31 August 2024 (2023.. £2,757). Page 18 conliniied...
IIOOI'S AND SHOO'I'S NOTES T IE FINANCIAL STATEMfNTS- tontlnue fi)r the Year Elided 31 Au st 2024 STAFf COSTS 31.8.24 31.8,23 Wages and sal41ries So¢ial s¢wui'ity costs OthLI- pcnsion costs 619,R49 47,385 13,711 578,418 44,709 12,156 680,945 635,283 The averag¢ monthly number ofemploye¢s diiring ItLe year was as folloivs: Man4g¢tnenl Admii)istraiion Project work¢rs 20 21 26 27 No l4}I0ye¢S received emoluinents in excess of £60.000. 12. COMPARATIVIS FOR TIIE STATEfvIEP4T OF FINANCIAL ACTIVITIES Unreslricled funds Reslri¢led funds Total funds IliCOfvtE AND E.YDOWMK.NTS FROM Donatio1 and legacies 79 1,065.821 1.065.900 Charitable actlvlties Charitable activities 2,760 2,760 Oih¢r irading 8¥livilL¢S Inv¢slin¢iit incomc 101,984 560 183,012 2,266 284.996 2.826 102,623 1,253,859 1,356,482 EXPEINDITURK ON Charltabl¢ MctivltlLS C.liarilable <lclitritie 14,033 1,193,723 ,207,756 Other 32.760 32,76U Total 14.033 1,226,483 1,240,516 NET INCOME 88,590 27.376 115,966 RECO.NCILIATION OF FUIIDS Total funds brought loi'ward 291,312 1,038,492 1,329,804 TOTAL FLINDS CARRIED FORW ARD -379,902 1,065,868 1.445,770 Pag¢ 19 eontiniiid,.,
ROO'I'S AND SHOOI'S IOTES T THE FINANCIAL STAT for the Year Lnd d 31 Au ust 2024 13. TANGIBLE FIXED ASSETS Fixtiires and Iillings rreehold propcrty Plant and machinery COSl' At I Scpc¢mber 2023 Addition&+ 1,747,996 48,327 2,495 233,300 23,172 At 31 Augiist 2024 ,796,323 2,495 250,472 DEI)RECIATION Ai I September 20?3 Chaig¢ for y¢ar I,U04,239 J2,7611 9.3. 391) l84,297 13,(p19 At 31 August 2024 I,U36,999 1,325 197,916 NIT BOOK VALU At 31 August 2024 759,324 1,170 58,556 At 31 August 2023 743.757 1,560 49,003 Computer ¢quiprnerAI v¢hicl¢b Tol&l$ COST At I September 2023 Additions 26,000 90,98S 2,683 2,IUO,776 74,182 At 31 August 2024 26,DOQ 93,668 2,174,9511 DTr.PRLICIATION At I Sepieillber 20?3 Charge for year 25,921 20 73,312 4,629 1,288,704 Sl,418 At 31 August 2024 25,941 77,941 1,340,122 ,YTr:I' BOOK VALVF. Ai 31 Augusi 2024 59 15,727 834,¥36 At 31 August 2023 79 17,C)73 812,072 Incliided cost or valuation of land and buildings is fr¢tthold Idnd or £ I i 0.000 (2023 £110,000) which is not depreciated. Page 20 Loiilii)Ll¢d...
ROO'I'S AND STrIOO'I'S TE THE FI TATEMETriTS - e for the Yemr Endld 31 Au ust 2024 ntliiu¢d 14. DEBTORS: AfvIOUNTS FtlLLING DUE WITH]N ONE YEAR 31.8.24 31.8.23 Tradc debtors Othcr d£btor8 Prepaymcnts J5,69 58.770 5,133 5,482 6,474 42,164 69,385 J5. CIIEDI'foRS: A,NIOUNTS FALLLNG DUE WITHIN ONE YEAR 31.8.24 31.8.23 Trade ¢rediiors OLh¢i- LrL.dit(Irs A¢cru&ls 6,407 4,204 5,640 19,584 2,623 10,806 l6,251 33,013 16. MOI'EMEiYf Iiy FuDs Transfers b¢tw¢¢n inds movetnLnt in tiinds At 31.8.24 Ai 1.9.23 Unrestrletod fundy Genci'al Fui)d Planncd maintenance ld tacililics rndnagiemenl Logly 359,9112 147,885 (37,214) 470,573 20,000 20,000 379,902 147,885 (37,214) 490,573 Rlstricted funds Ediication Flall and freeliold property iund Ti'¢iiningF aclii'ilies Gdrdcning cl¢issroo Pollinator Proj¢¢l' 200,479 743,757 loo,000 21,632 (145,212) (32,760) 47,140 102,407 710,997 loo,000 48,327 25,000 11,621 1,695 (11,621) J,OC15,868 (141,351) 37,214 96 I,731 TOTAL FUINDS 1,445,770 6,534 1,452,304 Pi1g¢ 21 conlinlled...
ROO"I'S AkYD STrIOO'I'S TF.S TO TFIE FINA IAL ST TE ENT ror th Ye4r frJnded 31 Au ust 2024 contliiu¢d 16. MOVEMI ENT I,N FUNDS - contliiued Nel movemeiil in funds, includcd in the abov¥ are as folloTh's.' Incomiiig rLsouweb lovemenl in funds LxpendL'd Unr¢$¢rl¢ted funds General tund 151,020 (3,135) 147,88S Restrlcted funds 14dLIL'alion Elall and freehold piDperiy GardLnin¥ classroom Polluutor Project ,139,457 (1,284,669) (32,760) (145,212) (32,760) 25,OUI) 11,621 25,000 11,621 1,176,078 (1,317,429) (141,351) TO'I'AL FUNI DS I,327,098 (1,3211,564) 6,534 Comparallve$ for movement In fullds Net InoYein¢ni in funds Ai 31,8.23 Ai 1.9,22 Unro8trl¢ted fund$ Cw¢n¢ral fund Planncd mdint¢naiic¢ and facilities management ¢osls 271,312 88,590 359,902 20.000 20,000 291,312 88,590 379,902 Restrleted lunds ucatioi) l-lthll and fr¢¢hold propcrly fund fraining activities Gard¢ning clasyroom 161,475 776,517 100,000 5(10 39,004 (32,760) ?00,479 743,757 i 00,(N)o 21,632 21,132 1.038,492 27,376 I,065,868 TOTAL FUNDS 1.329,804 115,966 1,445,770 Page 22 ontinLied,..
ROOI'S AYI D SHOO'rs OT CIAL STATFMbliTS - contiiiued foi. th YL¥AI' Knd¢d 31 Au ust 2024 16. MOI'EMEprf IN FUliDS- contljiued Compaialive nel mov¢m¢nt iii flinds, included in the above ar¢ as follvivs: Incoming resources Resources expended fvloveinent in funds Unrestrlcted fiiiids Geiieral tund 102,623 { L4.033) 88,590 Restricted fiinds .dLiciIIio 14all und frLL.hold propLriy fund Gardenin&r ilassrooin 1,23• 727 (1,193,723) (32,760) 39,01)4 (32,760) ?1,132 21,132 1,253,859 {1 ?26,483) 27,376 TOTAL FUNDS 1,356,482 (1,240.516) 115,966 A curreaL year 12 months &nd prior year 12 irLonihs' LombiDed po.%ition is as follows: Nct moveinent in ndS TrÉmsfers between fLinds At 31.8.24 Ai 1.9,22 Unrestricted funds G¢ii¢rdl fund Planneil matnlenanee and facilities n14u)agement costs 271,312 236,475 (37,214) 470.573 20.000 20.000 291,312 936,475 (37,214) 490,57J Restrlcted thnd$ Iducutiotj Flall an(1 ti'eehold properly lund Traii)ing clctivilies Gardeniiig c111 ssrooin Pollinator ProjeLI 161,475 776,517 loo,000 500 (106.208) (65,520) 47,140 102,407 710,997 i 00,0011 48,327 46,132 11.621 1,695 (11.621) 1.038,492 (113.975) 37,214 96l,7Jl TOT.4L FUNDS 1,329,¥114 122,500 1,452,304 Page 23 conriniied...
ANI) HOO"I"S TFIE rI. TAT for thL Year Lndod JI Au EN Iiyt 2024 contliiu 16. MOVEMEKf IN FUINDS - contlnued A current yLar 12 months and prior year 12 months combined net movement in funds. includLd in rh¢ above are a.q tollows.. InL'omin8 re,80urceb ResoiirLes expended k ovemcTht in Iiinds Unrestricted funds General tlind 253,643 117,168) 236,475 Restrlcted funds Educatioi) Hall and freehold property tLind G<irdening classri)om Pollinator Proj¢ci 2,372,1114 (2,478,392) (65,520) (106,208) (65,520) 46,132 1,621 46,R32 11,621 2,429,937 {2,543,9121 (113,975) TOTAL FUNDS 2,683.580 (2.561,080) 122,500 'rhc Ilvbtecs have set usidc u sum of £ 100,000 lo lover und satcguai'd Iruining aLlivilies in ¢dse of unfc)resectt delays or problems willi governinenl fuiiding. This is based on an ¢s1iinaled 3 Inonih's ¢osl. fin addition the trLlStees reLognise Ihe c051s associated with n)uinlaining the buildings, Faciliti¢.9 and sile and lo ensurc compliaiic¢ with buildiiig and healtb and safety rcgul4lions and hav¢ dlloL&t¢d a sum of £20,000 lo cuvcr such costs. Thi8 is baged on Ilie CLlI'r¢nl e.xpcnditiii'o on rouline iiiiprovements, plattncd mainienthnce and the replacellient of csscntial plaiit dnd ¢quipm¢iit. ThL Hall nd Fr¢chold Property Fuiid reprcsenls th¢ nel book valuc of the property hcld by the ¢harily. 17. REI LA'I'ED PARTY DISCLO8URES During the p¢riod the organisatio reeeiN'¢d s¢rvi¢es froin Cenlral Training Academy amoiinting to E4.UnO (2023= £4,000). an organisalion in which a .1 rust¢tt is the Managing Director. 'I'he .q¢Tvi¢es are consid¥r¢d to be providcd on nomial commercial terms. 18. FRC W'I'HICAL SI'AVDARD - PROVISIONS AVAILABLTr' Tr'OR SMALI. F.Ey'fiTIES In Cotnmon with nnY ot]ier businesses of our siz¢ and nalure we use our auditors lo assist w'ith the preparation of the finaiici41 slalejnenls. Puge 24