**REGISTERED COMPANY NUMBER: 03884643 (England and Wales) REGISTERED CHARITY NUMBER: 1084411**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
Basics Plus
Philip Burley & Co Chartered Accountants 28 Bagdale Whitby North Yorkshire YO21 1QL
Basics Plus
## Contents of the Financial Statements for the Year Ended 31 March 2022
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|4|
|Independent Examiner's Report||5||
|Statement of Financial Activities||6||
|Balance Sheet|7|to|8|
|Notes to the Financial Statements|9|to|15|
|Detailed Statement of Financial Activities|16|to|17|
Basics Plus
Report of the Trustees for the Year Ended 31 March 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and activities**
The charity's objectives are:
- To provide for the relief of people in the Scarborough, Whitby and Ryedale areas with a learning or physical disability by the provision of, and assistance in, education, employment and facilities for recreation or other leisure time occupation of such persons.
There has been no significant change in these objectives during the year.
The trustees have paid due regard to the Charity Commission's guidance on the public benefit in deciding what activities the charity should undertake.
We continue to review our objectives on a regular basis. The review considers what we have achieved in the previous 12 months. We have referred to the Charity Commission guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
## **Public benefit**
The benefits to the public of the charity are:
- Providing education, training and recreational facilities for people with disabilities past school leaving age; - Providing respite relief for carers;
- Preservation of the environment.
As required by the Charity Commission guidance, all these benefits relate to the aims of the charity. The trustees cannot see any detriment or harm arising from these benefits. The benefits are primarily to a specific section of the public, those with learning difficulties and their carers. People in poverty are not excluded from our benefits. All our activities revolve around our primary objective of providing for the underprivileged in the locality.
The number of people accessing the employment scheme is 52 individuals obtaining 112 one-day places per week.
Our scheme is accessed through a referral system, and the age of service users is 18+.
The other community projects which we operate allow the general public to access low cost services which include catering, printing and low-cost meeting space.
## **ACHIEVEMENT AND PERFORMANCE**
## **Achievements and performance**
We work in partnership with public agencies:
- To allow us to offer and provide the widest range of services that best meet the needs of our client population;
- To provide services of an appropriate quality standard;
- To provide an enjoyable, constructive and stimulating environment for all users of the services offered.
Page 1
Basics Plus
for the Year Ended 31 March 2022
## Report of the Trustees
## **FINANCIAL REVIEW**
## **Financial review**
The results for the year and the charity's final position at the end of the year are shown in the attached financial statements.
The charity is dependent upon ongoing funding to help pay for resources and staffing costs, and currently holds service agreement contracts with a number of agencies. Continued funding will be necessary to enable the charity to maintain its current level of activity. Wherever possible, additional sources of funding and income are sought.
## **Reserves policy**
The charity's policy on reserves is that unrestricted funds are needed to:
- Provide funds which can be designated to specific projects to enable these projects to be undertaken at short notice; and
- Cover administration and support costs, without which the charity could not function.
The trustees consider it prudent that unrestricted reserves should be sufficient to:
- Avoid the necessity of realising fixed assets held for the charity's use;
- Cover one year's management and administration costs;
- Provide a pool equal to 10% of the average charitable expenditure over the preceding two years from which funds can be designated to specific projects.
The trustees consider that reserves at the current level will ensure that, in the even of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. The level of reserves is monitored and reviewed by the trustees on an ongoing basis throughout the year.
## **Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **FUTURE PLANS**
The plans we hope to move forward are:
- We will continue to build the income streams through the tea room, functions, farm shop and bakery, chopsticks (a project to recycle pallets into fire kindling), leaflet distribution and our print and design service.
- There is a new local housing development (101 dwellings) opposite the farm site , and we are being proactive in maximising potential new customers to the farm shop and tea rooms, and encouraging full use of our various facilities.
During the year the charity has operated when able to, due to the pandemic. The trustees are looking forward to the coming year and are continually looking at income streams and expenditure costs.
Page 2
Basics Plus
for the Year Ended 31 March 2022
## Report of the Trustees
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Basics Plus was incorporated on 26th November 1999 as a charitable company limited by guarantee. The charity is an independent registered charity (number 1084411) and is governed by its memorandum and articles of association.
The trustees, who are also directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
C M Barnes D M Hastie J Hobson M R Jaconelli N R Taylor
Additional trustees are appointed at the discretion of the current trustees. An induction process is undertaken for individuals prior to appointment as a trustee. All trustees are provided with ongoing literature relevant to their position and are encouraged to attend training courses where necessary.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Decision making is undertaken by a management committee. The committee meet regularly to review activities and finances and to review risk.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
03884643 (England and Wales)
## **Registered Charity number**
1084411
## **Registered office**
Betton Farm Racecourse Road East Ayton Scarborough North Yorkshire YO13 9HT
## **Trustees**
C M Barnes (resigned 20.12.21)
D M Hastie J Hobson M R Jaconelli N R Taylor A Tidd (appointed 25.10.22)
## **Company Secretary**
Mrs A P Turner
## **Independent Examiner**
Philip Burley & Co Chartered Accountants 28 Bagdale Whitby North Yorkshire YO21 1QL
Approved by order of the board of trustees on 17 January 2023 and signed on its behalf by:
Page 3
Basics Plus
Report of the Trustees for the Year Ended 31 March 2022
M R Jaconelli - Trustee
Page 4
Independent Examiner's Report to the Trustees of Basics Plus
## **Independent examiner's report to the trustees of Basics Plus ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also 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 your charity's accounts as 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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACA FCCA which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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)).
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.
Stewart Michael Davies ACA FCCA Philip Burley & Co Chartered Accountants 28 Bagdale Whitby North Yorkshire YO21 1QL
17 January 2023
Page 5
Basics Plus
## Statement of Financial Activities for the Year Ended 31 March 2022
|31.3.22
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
32,229
**Charitable activities**
3
Core Charitable Activities
702,643
Other trading activities
2
41,135
Other income
50,710
**Total**
826,717
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
4
Core Charitable Activities
612,678
Direct Service Provision
141,392
**Total**
754,070
**NET INCOME**
72,647
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
660,127
**TOTAL FUNDS CARRIED FORWARD**
732,774|31.3.21
Total
funds
£
2,477
468,649
36,283
182,139|
|---|---|
||689,548
393
333,388
221,451|
||555,232|
||134,316
525,811|
||660,127|
The notes form part of these financial statements
Page 6
Basics Plus
## Balance Sheet 31 March 2022
|Notes
**FIXED ASSETS**
Tangible assets
10
Investments
11
**CURRENT ASSETS**
Stocks
12
Debtors
13
Cash at bank
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
15
**NET ASSETS**
**FUNDS**
17
Unrestricted funds
**TOTAL FUNDS**|31.3.22
Unrestricted
fund
£
1,012,866
273
1,013,139
9,296
34,407
282,071
325,774
(72,015)
253,759
1,266,898
(534,124)
732,774
732,774
732,774|31.3.21
Total
funds
£
1,024,986
178
1,025,164
6,238
4,753
214,121
225,112
(31,730)
193,382
1,218,546
(558,419)
660,127
660,127
660,127|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 7
continued...
Basics Plus
## Balance Sheet - continued 31 March 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17 January 2023 and were signed on its behalf by:
M R Jaconelli - Trustee
D M Hastie - Trustee
The notes form part of these financial statements
Page 8
Basics Plus
Notes to the Financial Statements for the Year Ended 31 March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Any income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Grants receivable ae shown gross and are recognised in the SOFA to the extent that they relate to the period up to the year end. Where funding has been given for a period that spans the year end, the amount that relates to the following period is deferred and carried forward.
## **Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs related to the category.
Direct charitable expenditure includes the direct costs of the activities and depreciation on related assets. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Fixtures and fittings - 20% on reducing balance Motor vehicles - 20% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 9
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. OTHER TRADING ACTIVITIES**
## **3.**
## **4.**
|Rent, camping and utilities
Solar panels
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Catering, tea rooms, and
farm shop
Core Charitable Activities
Sale of goods and other
services
Core Charitable Activities
Fees and grants receivable
Core Charitable Activities
**CHARITABLE ACTIVITIES COSTS**
Core Charitable Activities
Direct Service Provision|Direct
Costs
£
469,793
139,842
609,635|31.3.22
£
38,571
2,564
41,135
31.3.22
£
390,260
30,160
282,223
702,643
Support
costs (see
note 5)
£
142,885
1,550
144,435|31.3.21
£
34,368
1,915
36,283
31.3.21
£
153,510
14,575
300,564|31.3.21
£
34,368
1,915|
|---|---|---|---|---|
|||||36,283|
||||468,649||
||||Totals
£
612,678
141,392||
||||754,070||
Page 10
continued...
Basics Plus
## Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **5. SUPPORT COSTS**
## **6.**
|Governance
Management
costs
£
£
Core Charitable Activities
142,885
-
Direct Service Provision
-
1,550
142,885
1,550
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
31.3.22
£
Depreciation - owned assets
32,658
Deficit on disposal of fixed assets
1,020|Totals
£
142,885
1,550|
|---|---|
||144,435|
||31.3.21
£
31,407
-|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **8. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Average monthly number of employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Core Charitable Activities
Other trading activities
Other income
**Total**
**EXPENDITURE ON**
Raising funds
Page 11|31.3.22
31.3.21
34
34
Unrestricted
fund
£
2,477
468,649
36,283
182,139
689,548
393
continued...|
|---|---|
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**Charitable activities**
Core Charitable Activities
Direct Service Provision
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**10.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for year
Eliminated on disposal
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021|Freehold
property
£
1,232,487
8,370
-
1,240,857
234,533
24,817
-
259,350
981,507
997,954|Fixtures
and
fittings
£
158,691
13,153
(12,105)
159,739
141,142
6,034
(11,570)
135,606
24,133
17,549|Motor
vehicles
£
56,976
-
(16,000)
40,976
47,493
1,807
(15,550)
33,750
7,226
9,483|Unrestricted
fund
£
333,388
221,451
555,232
134,316
525,811
660,127
Totals
£
1,448,154
21,523
(28,105)
1,441,572
423,168
32,658
(27,120)
428,706
1,012,866
1,024,986|
|---|---|---|---|---|
Page 12
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **11. FIXED ASSET INVESTMENTS**
|**MARKET VALUE**
At 1 April 2021
Additions
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021
There were no investment assets outside the UK.
**12.**
**STOCKS**
Stocks
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
VAT
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans (see note 16)
Received in advance
Trade creditors
VAT
Other creditors
Accrued expenses|Unlisted
investments
£
178
95
273
273
178
31.3.22
31.3.21
£
£
9,296
6,238
31.3.22
31.3.21
£
£
12,600
3,937
13,045
-
8,762
816
34,407
4,753
31.3.22
31.3.21
£
£
21,880
21,302
13,124
-
32,257
4,002
-
1,104
2,462
1,482
2,292
3,840
72,015
31,730|
|---|---|
Page 13
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|Other loans (see note 16)
**16.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Loans - within 1 year
Amounts falling between one and two years:
Loans - 2-5 years
Loans - after 5 years
**17.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.21
£
660,127
660,127
Incoming
resources
£
826,717
826,717
At 1.4.20
£
525,811
525,811|31.3.22
31.3.21
£
£
534,124
558,419
31.3.22
31.3.21
£
£
21,880
21,302
95,442
95,442
438,682
462,977
534,124
558,419
Net
movement
At
in funds
31.3.22
£
£
72,647
732,774
72,647
732,774
Resources
Movement
expended
in funds
£
£
(754,070)
72,647
(754,070)
72,647
Net
movement
At
in funds
31.3.21
£
£
134,316
660,127
134,316
660,127|
|---|---|---|
Page 14
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **17. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
689,548
689,548|Resources
Movement
expended
in funds
£
£
(555,232)
134,316
(555,232)
134,316|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.20
£
525,811
525,811|Net
movement
in funds
£
206,963
206,963|At
31.3.22
£
732,774|
|---|---|---|---|
||||732,774|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|1,516,265|(1,309,302)|206,963|
|**TOTAL FUNDS**|1,516,265|(1,309,302)|206,963|
## **18. RELATED PARTY DISCLOSURES**
During the year the charity employed Mr P Robinson as a farm hand. He is the son of the company secretary, Mrs A Turner.
Page 15
Basics Plus
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Rent, camping and utilities
Solar panels
**Charitable activities**
Catering, tea rooms, and farm shop
Sale of goods and other services
Fees and grants receivable
**Other income**
HMRC JRS
Local council grants
Other grants
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Bad debts
**Charitable activities**
Purchase of goods and materials for resale
Staff costs
Employer's pension costs
Rates and water
Light and heat
Insurances
Repairs, renewals and maintenance
Equipment leasing
Computer costs
Stationery, printing and postage
Telephone
Licences and subscriptions
Advertising
Motor expenses
Legal and professional fees
Bank charges and interest
Loan interest
Carried forward|31.3.22
£
32,229
38,571
2,564
41,135
390,260
30,160
282,223
702,643
17,600
30,443
2,667
50,710
826,717
-
159,586
286,872
6,772
3,331
27,156
6,533
50,845
26,076
2,520
1,033
3,636
1,928
83
6,555
4,127
4,848
16,642
608,543|31.3.21
£
2,477
34,368
1,915|
|---|---|---|
|||36,283
153,510
14,575
300,564|
|||468,649
162,422
19,717
-|
|||182,139|
|||689,548
393
83,565
230,275
4,810
2,459
14,802
6,825
29,706
7,174
2,379
1,285
3,848
1,766
208
5,446
3,270
1,948
19,996
419,762|
This page does not form part of the statutory financial statements
Page 16
Basics Plus
## Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
|**Charitable activities**
Brought forward
HP interest
Sundry expenses
PAYE interest
**Support costs**
**Management**
Staff costs
Employer's pension costs
Depreciation of tangible and heritage
assets
Loss on sale of tangible fixed assets
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|31.3.22
£
608,543
-
1,092
-
609,635
107,211
2,531
32,123
1,020
142,885
1,550
754,070
72,647|31.3.21
£
419,762
203
1,852
28|
|||421,845
96,425
3,240
31,408
-|
|||131,073
1,921|
|||555,232|
|||134,316|
This page does not form part of the statutory financial statements
Page 17