The Royal Academy of Culinary Arts "Adopt44chool" Trust (a company limited by guarantee) Charity No. 1087567 Company No. 04144824 Reports and Financial Statsments for the year ended 31st December 2020 llllllffjllWIII *AA8¢(QYJI" 1fI08f2021 OMPANIES HOUSE A10 #1 The Royal Academy of Cullnary Arts "AdOpt-a￿chool" Trust (a company limited by guarantee) Company infomiation DirectO￿trnJ5tees Sara Jayne Sttnes OBE Ri¢hard Ajan Shepherd CBE 8rian James Turner CBE John Thomas VNlllraffts kfjBE Amanda Jayne Afya Frederic* IAfjllem Mostert Myles Iron$bJe Bremner Richard James Dunne Da¥￿ Chat1es Coubrough Tetary Company number 04144824 Registered Charty number 1087567 Regislered office Lond SW12 OBL Independent accountsnts Ric￿$ & Company 34 Anyards Road Cobham Surrey Kr112LA The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Contents Trustees. and directors. annual rep(x1 Indep8ndent ac¢ountants' rerA)rt Statement of financiql activrt Balance sheet Note$ to the financial statements 8-11 The Royal Academy of Cullnary Arts "Adopt-a-school" Trust (a company limited by guarantee) Trustees. and Directors. annual report for the year ended 31st December 2020 The trustee￿diredQ￿ present thgir r¢wrt and fTh?ncial statements tr the year ended 31st D*2n 2￿20. Prfnclpal acllvttlos and objectlves The principal aclNities of the ecthpany are to arfvance the educatKJn of children and young persons in foc#J, nutrIt￿n, hygien&, health and reL4ted subpcts so as to develop their ta51e and apprKiakn"on of foctsj, of fL￿d orvJins and ot dtfferent cultures. Reglstfjr•d off*•: 53 Cavendish Road London SW12 OBL The followir8 have hdd office th(cA￿hOUl the year. - Sara Jayne Stanes OBE Richard Alan Shepherd CBE Brian James Tumer CBE John Thomas Wllk8ms MBE anda Jayne Afya Frederith WI￿rn Moslert Myles Ironsth 8remfter Richard James Dunne David Chades Coubrough Sta￿8 The company is limited by guarantee and has no sh¥e capital. The rnmpany 15 also rogi5tgred as a charity. nurnb8r 1087567. Rovlow of •ctlvltl•8 During the peri¢KI ¥ince inCep￿n Ihe trust has been s￿ceSsful in obtaffting suffick?nt donalions to Iver ovethead expenses and meet its wimary arn. Publ1¢ b•nefft In preparing theY statern￿ts on Ihe dre¢trs ha*. in 0￿rdan¢e with &4 of the Charitiès Act 20(￿. con*dered the Charity C(rniSsA￿'S gerwal guid*Ke on publ￿ benef Adopt a teoches children abwl in a holists way from plant to ￿late. paying respect to food, nLttrition. heatth and hygiene and c&x*ing as a lile skll. believe that ￿ming can and should be fun and infomwlive. The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Trustees, and Directors. annual report (continued) for the year ended 31st December 2020 Since Its beginnings in 1990. the Tn￿t has delivered rt5 workshop5 to many lI￿SandS of chilthen across the ¢c￿ntry - and we have an ever growing t4Yarting of schools eager to be 'adopled'. In addition lo the voluntary b'me invested by our membws are absolut&ly passionate ab)ut what they th and for whom food is Ih•'r r&qson for teing. Adopt a SchcK*l has an on4taff team of 5 chef lecturets and supr￿rt. some full and some part time. across the c¥Junty daty challenging children's sense$ and cty"vating thLwr ujriosty for food and teaching abc¥Jt its sKJnificance in every awct of our li￿s. We alxTr deliver soss￿nS to a number of special educa￿￿•1 needs schcds and lo many s¢hts)Is where children come frryn disathMntaJed bad(ground$. have been working wrth Gr8al Omond Street for many years and the beneffts have been wdl dLKumented. We atso wwk with Evelina Cttibjren's Hospital and Lavender IAtslk Adolefrnrt Mental Health Unit at Chelsea and Vleslminsler Hospital. We have disco¥eod that ccokery can be an exceptional eduCat￿nal tool lo many chibjren who find leamwy tough. haviTrJ the &lded t)enefrt cl he￿.n9 to and Commun￿*1 skills. Adopt a School k8 a ￿￿Y of lrfe. It is about improvirg the ￿YeS of young people and thanging habits so that the next gefterat￿nS can continue to benefft. ￿ believe strongty in the principle of 9￿d. sensible eating whth 18 the key to he• MWKI. body and nat￿n arvj of Invaluab￿ benefft to social behaviour. We also believe Ihat tts ¢urrent appmach trywards food education needs to be transft)mied so that it has a secure and definitivg place on the curriculum - for all chiklren. Our wothshops integrate with many key wllabus SLtsjects. FIna￿lI1 Rovl•w The Stsiemenl of Financial AclivI￿8. Balarte Sheet and fO￿ing Th)les sfv)w the perfomanc8 of the choritabb company duriry the year. The state of the nation's econt)my and the ¢0ThfNJen￿ lactor are aws a feature n fulfilling the plans of the Trust and, this has understandabty beeri a p8ft￿u1afy chaI￿n91n9 year for the Tfust. While we have been unable lo benefft fr(Nn our UrA￿l calendar of fundraising events. we have sts'll spent b.me ftjndraising and with some succe89. AS in previous years. there has been great supwrt from grant-makers. The Sa¥oy Educational Trust has been a supporter ￿nce 1996 and the V4knrshipful Compafty of Cooks since 2000. and more recently. we have received grants from the Garfield Vkston FoUrtht￿n. the INorshpfvl Company of Innholders aTh1 The BaThJ Trust - all plllars of support both financialty and mcyalty. In addition, Ihe University of West London has sponsored Ashty Marsh for 2'A days a we The Trustees have no need to be disappoin￿ in the efforts ofthe team. Appli¢ations to grnnt makin9 bcllies are a constsnt part of the Trust's work to secure the future. Bui we are aware that we are one of many also seeking fundiny. have Unrestri￿ reser¥es 01 £227.354 and restricted reserves of £26,536 as at 31 DeceM￿r 2020. The Royal Academy of Culinary Arts "Adopt-aSchool" Trust {a company limited by guarantee) Trustees, and Directors, annual report (¢ontlnuedl for the year ended 31st December 2020 Covi&19 dwjy of CuM8ry NJts ￿ the Adcf4 a Sci*K4 IC+ aThl f2rry oul i15 rema47 ctyknl M the ffflanu¥ P￿t•)n re￿*￿5 r(th# ar¥J atknty irts Will rew*r and gNe a truÈ and faw of tht ofafrans of ￿ ca￿lty *d of IJ* gJrphJs w Ltfity't ofthe eharity that reiic¥l Under ojmwy th.￿1￿$ mu* rxx Ihe t1￿(￿al stsien*nlS unles5 Ihey are sai5fEd tr%4t trEy and kn"r TrthT of affaxs of tr* o)mpany aTrJ swementr. ¢urdty at 3ny trne the tharK431 of the cLryany arwj * enabk them to enyjre that the ayne Independent Accountants, Report to the members of The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) In order lo assist you to fu￿1 yw duttes wmler the Companies kl 2006. we have prwred for your approval the flnancial st*rrents of The Roya Academy of Cubnary Arts °Adopt-a-Schoof Trust for the year entsd 31 December 2020 set out on pages 5 10 11 frcm the company's ac¢ounting reCO￿S and from information aThJ expbnations you have given us. As a prxtising member fFrm of the Inst￿ute of Chartered Accountants in England and Wales IICAEW. we are subject to ts ethical arKI other wofessp?nal requirements which are detaibj at httpJlwvw4.icaew.eomlenlmembeJslre9uIat￿￿S.slarWJardS-a￿J-9U￿￿anCel This report is m* so18￿ to the Board of Directors of The A¢aJemy of Culinary Arts'Adopl-a- School" Trust. as a body, in ￿0[dance wth the tem￿ of our engageff£nt lettw. Our worf( has been undertaken $okly to prepare for your approval the financol statements of The Royal Academy of Culinary Arts °Adopt-a-Schoof Trust and slate those matters that we have agreed to stale lo the Board of Director¥ of The Royal Ae8demy of Culinary Arts 'Adopt+S¢hool' Trust. as a body. in this report in a￿￿￿alKe with ICAEW Technvl Release 07116 AAF as detaikd at icaew.com. To the fullest extent permitted by 18w. we do not accept Of assume resFonsibilty to anyone other than The Royal A¢ademy of Culinary Arts "Ad¢¥t+S¢hoof TNst and its Board of Directo￿ a$ a body. for our worf( or for this repo It is your duty to ensure lI￿t The Royal A￿Y of Culinary Arts 'Adopt4School' Trust has kept adequ*e accounting records and to prepare ststutory fnaftcial staternents that gNe a true and fair view of the assets. liabilib'es. financral pos￿ and profft of The Royal Academy of Culinary Arts 'Adopt-&Schoof Trust. You consKler that The Royal Acadenry of Culinary Arts "Adopl+School' Trust is exempt Irom the statultyy audit requirement for Ihe year. We have not been instructed to cary out an audit or a revmv of th& fina￿la1 ststemenls of The Royal Academy of Culinary Arts 'Adopt+Schoof TNSL For this rea￿bn. we have not verified the accuracy or completeness of the acccwntirvJ records or informat50n and explanth.ons Y(￿ have given to us and we do n¢X, th8r8foR. express any gNnKJn on the statutory finan¢HI statements. Riches & C¢)mpany Date I Chartered A¢Gountants 34 Anyards Road Cobham Surrey lff112LA The Royal Academy ofculinary Arts "Adopt44chool" Trust (a company limited by guarantee) Statement of financial activities for the year ended 31st December 2020 2020 2019 Total fund5 funds funds funds Ineoming rn8ourc Donatv)ns Income from chantable activrf*s Interest income 120.961 1LKI.789 163.334 304.295 156.811 1(KI,789 170.164 1.125 Total Incomlng re8ouvees 221.760 183.334 405.084 328.100 Charitabl• •xpMditur• Direct cost of activities in furthor of the charity's oL¥'ectives Activty implementslion ￿sts Management and adminbstialion 15.393 15.393 20.908 130.807 17T.422 308,229 191.697 70,191 70.191 60,486 Total rMOUrc￿ •xp•nd•d 216,391 17T.422 393,813 273,091 N•t in¢omo for th• year Fund balances brought forwa Funds transfer during the year 5,359 221.995 5.912 20.624 11,271 242,619 55.009 187.610 Fund balan￿ ¢arri•d fom 227.3fA 26.636 253.890 242.619 The eharitable company has no gains or k)sw other than those reported above. therefore no separ*e statement of totsl rncognised gains and k)sses has been wesented. All emounts relate to continuing &tP4th5. The Royal Academy of Culinary Arts "Adopt•a4chool" Trust (a company limited by guarantee) Balance sheet at 31 st December 2020 2019 CurT•nt a•s•ts: Hats and aprons stLxks Other debtors Cash at bank 2.288 21,8SO 311.148 3.350 30,563 226.453 335,286 Crgdltorn: amounts falling du• wlthln one yo•r {81,3961 (17.747) Totsl n•t ¢urnnt asuts 253.890 242,619 Totsl aM•ts l•M ¢uff•nt li•bllili•s 253.890 242.619 r•s•nt•d ty: FurKIs Unrestrtctgd funds Restricted funds 227.354 221,995 20.624 253.890 242,619 For the finarrial pernd ended 31 Decerrthr 2020 the oynpany was enbil8d to exerytNJn from audit under seclw)n 477 ofthe compan￿ h£t 21￿ relating to small companies. Trustees. and Directh. responsibilit*s: - The members have not required the c£ffipary to oblain an 8udit crf ts financkil statements for the period in question in ￿Ydance wrth section 476" - The directors acknowledge their reSP)n8￿11th$ iorcomptyww wilh the reqvirements of the Act wilh respecl to accoynting r¢eords and the Pfeparabon of financial statements. The Royal Academy of Culinary Arts "Adopt-a-S¢hool- Trust (a company limited by guarantee) Balance sheet at 31st December 2020 {continuedl S8R JayrA StsnesOBE The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Notes to the financlal ststements for the year ended 31st December 2020 Accounting policies The fmancial statements we prepared under ts histryral cost c4)nventw and in Kcordanc& wilh applicable aecountsng stsndards. the Companw 2c￿. the Chan￿3 Acl 2011, the Chanties SORP 2 IFRS 1021 and the Financial Reporting Starthfd IFRS 102). The prinrApal accounting poliues adopted in the preparatton of the financial statements are set out below. The c¢¥npary is regi5teTed in Engknd with l9gtstra￿n number 04144824 and its registered office is 53 Cavendish Road. Lormlon, SW12 OBL, United lfjn￿rn. The g)nwany has tsken advantsge of exempim in FRS 1C12 from Ihè requirement to pr￿Juce a cash lknv Sta￿￿t on the gr￿n￿$ ttmt it is a snwl company. These financi81 sl*emenls are presented in sterling is also the funCtM￿aI currency of the company. The charity meets the definilion of a pU￿1C ber*fft entity under FRS 102. The trustees have o)nsidered Ihe financial po&ti¢)n. forecasts and cash f￿)w5 of the organisation and are Sal￿ thal rt is to the accounts on a going ¢oncem basts. Ineomlng resource Income is fecognised in the peTKwJ in whrh the company r8 enbw to re¢eW and the amount ¢an be measured with reasonable certainty. Incoff* i¥ defwed in accordance with the period ofthe t*yMlion as by the ¢knor. Expenditure is Includ￿ on an aecn*L% ba8i%. Costs of generatiw funds ccrfnpw those costs attvibutabk to obtaining donations and sponSo￿h1p. Management and administrati)n cuntlng Funds held by the c¢ffipany are.. Unrestncted Funds - these are fvnds whth can b? used in acccrtance wtth the charitabl8 obj'ects at the ¢*sUe￿n of the trustees. Restricted Funds - these are funds thal can onty be us8J for particufar restricted purpose5 wthin the c￿leCts of the cryny. Rest(Kl•?ns ark8e when SP￿rIed by the donor or when funds are ratsed for particular restricted Expendlthr• Expendrture is recognised when a It*ilty is i￿1r1ed. Taxatl¢>n charilable activities Rentsls payabEe under operating lea8es are chw kn thg unr85trvXed r959rves on a straight.line basts over the lease temi. Op•rntlng profft 2020 2019 Operating profft slated after th￿￿19: £countsnts' remuneration 305 1,080 2020 2019 Salarres and fees Activrties costs Travel rtssts 130,527 177,422 280 140.160 35.835 15.702 308.229 191.697 The Royal Academy ofculinary Arts "Adopt-a4chool" Trust (a company limited by guarantee) Notes to the financial statsments (continued) for the year ended 31st December 2020 Man*g•m•nt and •dmini8trnlion 2020 2019 Administration sakèries and fees Off￿e costs Telephone Accounloncy fees Professional lees Computer costs Doubtlul debt expense 29,7SO 28.822 18,654 687 9.264 2.409 650 67 2.582 15,390 70,191 60.486 Cr•ditws: •mounts falling du• withln one y•ar 2020 2019 Other credi Accruals and deferred irKon 10.073 71.323 14,382 3.365 81.396 17,747 2020 2019 Gross wages and salaries Employels Nation81 Insurance contributity Employe¢s Pe￿lOn contr*utsns 146.490 9.394 4,393 138.880 12.990 3,799 160.277 155,669 No emptyee eamed £60.¢XIO pèr yew ￿ n￿re for the years ended 31st December 2020 or 2019. The average number ol p¢rnons ary)h)yed ty the cc¥)yany was 5 (2019- 5) 10 The Royal Academy of Culinary Arts "Adopt-a4chool" Trust (a company limited by guarantse) Notes to the financial statements (continued) for the year ended 31st December 2020 The charitable company was fomied lo continue the Adopt+Sthool activrties previousty carried on by The Royal Academy of Culinary Arts Liniled. a CL￿panY limited by guarantee, which changed its slatus from a friendty S￿Iety on 30th Septenkn 2014. The Royal knd￿ny d Culinary Arts Limitèj reclwged the following during the KerK#J: 2020 2019 Salaries and fees Oiher wsts 29.750 16.983 13.415 19,032 46.733 32.447 InckAed within thè fKJure for salaries and fe83 recharpj above i8 £28.35012019 - £12.000) paid to Sara Jayne Stanes. the Chef ExecLrtNe and a trustee. io reimburse her for Ihe work she performs admink%terirrfJ ￿ dwritsble coMp￿y. No remunerats'm was paid to the directors or trustees duiiw the current and kvKJr year. No director or trustee or other person related to the charity had any personal interest in any contract or Iransaction entered into by Ihe char5ty during Ihe (￿rrent and prk)r year. At 31st December 2020, The Royal Acadwny of Culin•y Arts Limited was by the haritab￿ ctxnpany £1.354 {2019-debtor £5.939). Company St•tu# The company no share ca&Mlal bui is limrted ty guaTantees for £10 from each of the dIrecto￿lI￿J51ee￿ Funds Unrestrthd funds relate only to the chalilab￿ cornpany's ge￿01 fund. tr use as the tru$tfj¢s see fiL RestriL#ed funds relate to dona￿n$ received for sch￿1$ Sesstons run by the North East branch and funds fijnding T￿Ned from the Erasmus prc4Jwm8. These funds may only bs