The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Charity No. 1087567 Company No. 04144824 Reports and Financial Statements for the year ended 31 st December 2021 ',Nllll ABBZOJHL 2510712022 COMPANIES HOUSE
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The Royal Academy of Culinary Arts "Adopt4-School" Trust (a company limited by guarantee) Company inforniation Director5tfrustees Richard Alan Shepherd CBE Brian James Tumer CBE John Thomas Wiliarns MBE Amantja Jayne Afiya Frederick Willem Mostert Ironside Bremner Richard James Dunne David Charles c¢h Secretary C¢Nr¢)any number 04144824 Registered Charity nurnbér 1087567 Registered office Westminster Kingsvoy Colege 76 vincent Squar L(dOn SW1P 2PD Independent act))untanls Riches & Company 34 hnyards Road Cobham Suffey KT11 2LA
The Royal Academy of Culinary Arts "Adopt-aschool" Trust (a company limited by guarantee) Contents Tnjslees. and directors. annual rep(wt Independent accotants, report Statement of financial xlivities 881ance sheet Notes to the financial statéments 8-11
The Royal Academy of Culinary Arts "Adopt-a-school" Trust {a company limited by guarantee) Trustees. and Directors. annual report for the year ended 31 st December 2021 The trusleesldirectors present their rewt financial stateffl for the year ended 31st December 2021. PTin¢ipal •Ctl¥it1 and obiecliv¢s The principal activi1 of the ccxnpany are to the edat of chldren and young persons in . nutrition. hygiene. heatth and related subjects so as to develop their taste and appreciation of food, of fo(Kl origins and of different culiures. The trustees are saddened to report the death during th& year of Sw8 Jayne Stanes, tntstee $upwter ofthe trust. R¢gi$tsf¢d offk•: Westminster Kingsway Coe 76 Vincent Square London SW1P 2PD Dlrectorsnrustees The following have hehj office thrw9hryrt the year. - Sara Jayne Stanes OBE Idec&ised 24th Juty 2021) Richard Alan Sheitherd CBE Brian James Tumer C8E John Thomas Williams MBE Amanda Jayne Afiya Fredeitk Willem Mostert Myles Ironside Bremner Rictiartl James Dunne Dav¥J Charl&s Coubrwh Status The company is limited by guarantee and no share capital. The company is also registered as a Charty. number 1087567. During the perio(J since inceptron the tnjst has been suecessfvl in obtsining sufficient donat#)ns to cover OVertd exper$ and meet ils primary awr. Publi¢ b•nefft In preparirrfJ their statemnts on publ benefft. the directors have. in accordan with s.4 of the Charities Act 2006, considered the Chanty Commission's general guidarjce on publ benefit. Adopt a Schwl teaches children abcKrt focmj in a holistic way from plant to plate. paying respect lo food. nutrition. health and hygiene and cc¥)kirKJ as a lile skill. We believe that leaming can and should fun and infonrtative.
The Royal Academy of Culinary Arts "Adopl4-School" Trust (a company limited by guarantee) Trustees, and Directors, annual report (continued) for the year ended 31st December 2021 Slnce its beginnings in 199). the Trt has delwered rts vDrkshcps to many thousands of children across the county - and we have an ever-grthwrtrJ waiting list of schoois eager to be 'adcpted'. In addition to the voluntary time invested by our members and wider hosp41alrty industry who are absolutety passionate aLul what they do and for whom food is their reason for bein9. Adopt a School h85 an on-5taff team of S including 3 regional chef lèctu1$ daity tallengiry children's 5ense5 and captivating their curiosity for focxj and teathing about its signfftance in every asped of ¢xJr knvgs. We deliver sessions mainty in classrtsm but also on farrrs. We ¥4tJrt with 8 number of special educational needs schwls. youth dubs and Tth many schools where thldron come from dtsadvantsged batgrounds. We have been working with Great Omiond Street for many years and we now also work wth Evdina ChilJren'5 HOS1 and Chelsea aThl Westminster Hospital. We have discovered that ctrt)kery can be an eXWtial educalional to many children who find ieaming tough, having the added benefft of helping to devoknp teamwork and communication skilLs. Adopt a School is a way of kfe. It 15 about improvW the lives of y(Kmg people and changing habits so that the nexl generalions continue to benefft. We beIve strongty in the principle of good. sensible eating is the key to healthy MY. body aThJ nath)n and of llwaluable benefrt to social behaviour. We al$0 believe that the ujrrent apwoath towards fc edLThlion needs to b8 transfomwd so that it has a secure and defnitive plac on the curriculum - all children. Our workshops integrate with many key syl1al$ subJ'8cls. Financial Review The Statement of Financial A¢tsvrtRs. Balance Sheet arKI foknng notes shu4V the perfomiance of the charitsble company durirvJ the year. The state of the nath)n's economy arHJ Iho o)nfidgnce fathr aro aknys a feature in fuffilling the plans of the Trust and, this has understandabty been another partKularly challenging year for the Trust. While we have been unable to benefrt from our usual calendar of furKlrai&ng events. we have still spent time fundraisThJ and with some success. As in previous years. there has been great Sup[ from grant-makers. The Savoy EdLThtional Trust has been a supporter since 1996 ènd the Worshipful Company of CN)ks since 2CX)O, and more rently. we have receNed grants from Ihe Gaffiekl Weston Fcwndation, tho Worshipful Company of Innholders. The Band Trust and Tabte Talk FOundan - all phllars of support both financially and moralty. In addition, Ihe University of West Lonth)n has sponsored Ashley Marsh for 21A days a week. The Trustees have no need to be d1$apr in effc¥ts of the learn. Appluti0Ths to grant making bodies are 8 constsnt part of the Twsl's woth lo secure th& f¢rture. But we are aware Ihat we are one of many 81s0 sed(ing fundiNJ. We have unreslrthd reseNes of £165,385 arxl restricted reserves of £71,260 as at 31 Oecembef 2021.
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 2021 Covhk19 Ouring ihe year. the UK and Ihe ccyrtwiued to be severety affeLted ty the Whtlst the Royal Academy of Culinary Arts and the Adopt a Schod Trust has continued to funcliw and tsrry o s thryk, there has been on IlIalle disruptvjn with temporary coftseqUer of fUUghIng some empknyeos arKI restri¢ted aGtsvity. thts wiu have an imFt on the yeals tring. but the TrLtytees 3trenglhen over the commg months and year. The chilable company VAS incorwrated on 16th January 2)1 and is gO[d by its memofandum general meeting at whKh a qutxum is obtainèd. Charity aTrJ Crnpany l• require Ihe to epa fm8ncial Stateme fly each finan¢AI year which gr a true and fa¥ of the st of affats of the clwty and of ts surplus or deficit of the cknaiity for that Under cwip•y J8af the de¢th mLtst apFrfove the finwal slements unless they are satisfted that they give a true and frdir vie• of the ste of affa9 of the (£mpany and of Ihe income aThJ expenditwe of the c%MY4)any fOrtrt yd. In preFqiry those finla1 ststemen the trusiees are Uired to." observe Ihe metws and prinppJe5 in Ihe Charibes SORP make judgements and eslimaies that are reasonable and prudenr have been followed. subpd to any m1 deFaleS dtschxed and eXpIned the accuracy at any time the ffinan1 positK>n of the rnmpany and to enable them to ensure that the financial siatements comply with the Cornpwies Act 20(6. They are also responsible for Uard{r the assets of the o)mpany ce for laking rea¥(ab* steps tr Ihe prevention and y Orderdthe Pthrd Oate 23 May 2022 jCh Tnjste
RICHES & COMPANY Independent Accountants. Report to the members of The Royal Academy of Culinary Arts .Adopt-a-SCh¢I" Trust (a company limited by guarantee In order to assist you to lulfil your duiies under the CompaThbes Act 20(E. we have prepared for your approval the financial statements of The Royal Academy of Culinary Arts "Adopt-a-schoof Trust for the year ended 31 December 2021 set INJI on pages 5 to 11 from the eonyany's accounting rewrds and from 1nfomiatl and exana.0ns you have given us. As a practising member firm of the Institute of Chartered Acctsjntsnts in England and Wales (ICAEW). we are subieel to rts ethT¢al and other kyofessional requrfements whrch are detailed at hltp.'IfvMI.icaew.corrlenlmemberslregulations-Standards-•uidancel This report is made solely lo the Board of Directh of The Royal Academy of Culinary Arts"Adopl-a- School. Trust, as a body. in acanCe the ierms of our engagement letter. Our work has been undertaken solely lo prepare for your appfo¥al the financkAI statements ot The Royal Academy ol Culinary Arts 'Adopt-a-School" Trust and slate those matters that we have agreed to state to the B08rd of Diwl¢ys of The Royal Academy of Culinary Arts "Adopt-a-sthool. Trust. as a body. in this report in aceordance wth ICAEW Technical Release 07116 AAF as detaId at 8ew.cOm. To the fullest extent pemiitted by law. we do not pt or assuffE responsibility to anyone other than The Royal Academy of Culinary Arts 'Adopt-a-Schc*)r Tfust and ils Board of Directors as a dy. for our work or for trM"s reporL 11 is your dLbty to ensure that The Royal Academy of Culinary Arts 'Adopl-a-Schcol" Trust has kept adequate accounting records and to Wep3 statutory fi'nancial statements that give a true and fair view of the assets. liabilities. financial positn and profit of The Royal Academy of Culinary Arts °Adopt-a-School' Trust. You constder that The Royal Academy of Culinary Arts 'Adopl-a&hool Trust is exernpl from the statutory audil requinnI for the year. We have not been instructed to carry out an audit or a reviv4V of the financial statements of The Royal Academy of Culinary Arts 'Adopl-a-SchLw)I" Trust. For this reason. we have not verified the accuracy or compleleness of the accountiry records or infomTrtion and explanations you have given to us and wè do not. thefOre. eXpsS any opinion on the statutory financi81 stalemenls. CV4 +o¢x Riches & Company 23 June 2022 Chartefed Accounlants 34 Anyards Road Cobham Surrey KT112L4
The Royal Academy of Culinary Arts "Adopt4-School" Trust (a company limited by guarantee) Statement of financial activities for the year ended 31st December 2021 2021 Urweslrthd Restricted Total funds funds funds 2020 Total funds Incomlng r•sourc• Donations Income from charilable ac11ve$ Interest incAlm8 64,775 65.857 130.632 304.295 77.330 100,789 2.750 2,750 Total Incoming resourc•5 144.855 65.857 210.712 405.084 Chafitable expenditure D1ct cost of activities in fvrtherance of the charity's objectives Activity implementation costs M8na9ement and administration 19,656 134,410 19.656 149,641 58,660 15.393 308.229 70,191 15.231 Total r•sourc•s expended 212.726 15.231 227.957 393.813 Net lexpendltureVlncom• forth• y•ar Fund balances Lought fard Funds Ir8nsfer during the year (67.871) 50.626 227.354 26.536 5.9)2 (5.902) 117.2451 11.271 253.890 242.619 165.385 71.260 236.645 253.890 The charitable comp8ny has no gain$ or losses other than those ported atThie, and therefore no 5eparale statement of total reco3nised gal and losses has i*en wesented. l amwnts relate to C(tinuIng actP4ilies.
The Royal Academy of Culinary Arts "Adopt44chool" Trust (a Company limited by guarantee) Balance sheet at 31 st December 2021 2020 Current assots: Hats and aprons stocks Other debtors Cash at bank 1.079 17.745 281.666 21,850 311.148 300.4 335.286 Cr•ditors: amounts falling du• within one year {63.845) {81.Ya61 Total net current assels 236.645 253,8 Tolal assets les$ Cufrenl Ilabilitles 236.645 253.890 Represented by: Funds Unrestricted bJnds Reslricted funds 165,385 71.260 227.354 26.536 236,645 253,890 For the financial p8fKJd erKled 31 Decembw 2021 the corrpany was entitled to exemption from dit under section 477 of the Companies Acl 2£6 relatirbJ to small companres. Trustees. and OirectOfS' responsilmlili¢s: - The members have not required the COTnpany to rtstain an audit of its financial statements for the period in question in acCdance with section 476" - The ¢Jiredors ackrnwledge Iheir responsibltieS for comptying with the requitments of the Act wilh respect to accounlwig records and preparatron of financial ststements.
The Royal Academy of Culinary Arts. Adopt44choo.I" Trust (a company limited by guarantee) Balance sheet at 31st December 20211continued) These financial ststeinents Iwie been preped acc(Ktsn¢e wth.lhe provts.tons applicabk to companies subject.tci small comiianies'.rEgime. The financial Stemwts.r 4)wov•Jty Ihe Board.( D* 23 May 2022 Twstee
The Royal Academy of Culinary Arts "Adopt•a4chool" Trust (a company limited by guarantee) Notes to the financial statements for the year ended 31st December 2021 A¢counting policles The finanrjal stalefflents are prepared under the historrcal Convention and in accordar with applicable 8ccounb.ng stsndards, Ihe Companies Act 2fA)6. Ihe Charities Act 2011. the Charities SORP 2 (FRS 102) atKI the FInanCk Reporting Standard (FRS 102}. The principal accounting policies adopted in the preparation of the finanual statements are set out below. The company is registered in EngkThl with regiStratn number 04144824 and rts gIStered office is Westminster Kwsway Cwe. 76 Vincent Square. London. SW1P 2PD, United Kingdom. The company has taken advantage of the exemptKn in FRS 102 fr(xn the requirement to produce a cash llow statement on the grournts that it 1$ a smal company. These finarKial statements are presented in stwltNJ ttiith is also knctw)nal (rrenry of the company. The charity meets the definiticm) of a pubk benefrt entity uThJer FRS 102. The trustees have considered the financi81 posith)n, forecasts and Cash Ilows of the Organisati and are satIsfd Ihat it 15 apwopriate to prepare the accounts on a going eoncem basi5. In¢omlng rnsourc•s Income is recognised in the per In whlch the rnpanY 15 entit to receipt and the amount can be measured with reasonable ¢ertainty. Irwne 15 deferred in accorfarKe with the period of the donation as SFeofied by the donor. Resourc ¢xp8ndod Exp8nditure is induded on an acwjals basts. Cosls of generating fimds Ite e05ts dIty attribLtst4e to obtsining dln$ and sponscthip. Management and administra1K comprises costs for the wnnwig of tr* company.
The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Notes to the financial statements {continued) for the year ended 31st December 2021 Funds accountlng FurKls held by Ihe (x)mpany arg: Unrestricted Fund$ - these are funds Can be used in a(rdance wth the tharitable objects at the discretion of the trustees. Restrthd Funds - Ihe5e are frjnds that can only be used for particular tr5cl¢d purposes thin the objects of the company. Restrtctions arise then specified by the donor or when funds are raised for parli¢lar restricted purw)ses. Expendlture Expenditure is recognised Wh a li8blity Mnined. Taxation As a regtsted charrty, the company is exempt from liability to corporation lax on its ch*itable 8th1ies. Leasing arrangements Rentals payable under operating leases are clwged to the Unrestric reseTres M a Straht41n basis over the Igase term. 0lIng profil 2021 2020 Opgratirg profft slated after charying.. Accountants. remuneration 305 Activity implementation ¢osts 2021 2020 Salaries fees Aclivityes sts Tr8vel $ts 144.797 130,527 177,422 149.641 308.229
The Royal Academy of Culinary Arts "Adopt44chool" Trust {a company limited by guarantee) Notes to the financial statements {continued) for the year ended 31st December 2021 Management and administration 2021 2020 Adminigtration salanes and fees 8.818 47.020 511 2.260 29,750 22.096 67 2.582 Telephone Accountsncy fees Professional fees Computer costs Dwbrful debt expe 51 306 15.3 70,191 Cr•dltors: amounts falllng due Tlthln one year 2020 other creditors Accruals and defer incorne 6.080 57.764 10.073 71,323 81,396 2021 2020 Gross wages a1 salarres Employerfs National Insurance contritxrt)ns Employerf5 pension Contribu5 142.365 7.244 146,490 9.394 4.393 153,615 160,277 No employee eamed £60.CMJ) per year or fcf the years erKled 31st December 2021 or 2020. The average number of rSonS employed by the company was 512020- 51. 10
The Royal Academy of Cullnary Arts "Adopt4-School" Trust (a company limited by guarantee) Notes to Ihe financial statements (continued) for the year ended 31 st December 2021 The charitable company was foed to rnntinue Ihe Adopt+School activities previous carried on by The Royal Academy of Culinary Arts Lirnited. a compary limited by 9uarantee. which changed its statu$ frcyn a frndty so¢iety on 301h Septemb8r 2014. The Royal Acmy of Culinary Arts Limited rechwged the folowng during the peric. 2021 2020 Salars arKI fees 8.818 29,750 16,983 37,366 46.733 Induded within the figure for salaries and fees reoh¥g8d al is £7.362 12020 - £28,350) paid to Sara Jayne Stsnes, the Chief Execulrve and a trnstee. lo reimburs8 her for the wo she perfomis admfftistering the charrlable company. No remuneration was paid to other direckns or trustee5 dwing the current and prior year. No director or trustee or other per$C relaled to the chanty had any personal interest in any contraG (x transaction entered into by the charity during the rrent and prior year. At 31st December 2021. The Royal Academy of Qjinary Arts Lwnited th8 charitable company £6.005 {2020- creditor £1,354). Comp•ry Status The CoMY ha5 no share but is liff#ted by guantee$ fly £10 from eath of th& airectorthstees. Fund$ Unrestricted fund5 late to tre tharitsble ct)mpwy's general furKI, for use as the trustees see fit. Restricted fvnds late to donatn5 recgived for Schcds Sessions run by the North East branch. and funding received for the Chef on Ihe Farm and Ihe Sussex Chef programmes. These funds may onty be used to (trIbUte towards the c¢ts of the reaTht acliwties. 11