Docusign Envelope ID.. C1020E4F.C12A47c8837.8AEF4sJAA4 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 31st December 2024 AE748YFE 1910712025 COMPANIES HOUSE A05
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Dcwsl9n Envelope ID.. C1020E4F-C12A.47CD.8637-BAEAAF463AA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Company information DireCtorSlUsIeeS Brian James Turn8r CBE John Thomas Williams MBE Amancla Jayne Afiya Myles Ironside Bremner David Charles Coubrough William James Toner Adrian Richard Bralt (appointed 28 October 2024) Martha Blanche Waymark Bruce (appoinled 1 May 20251 SeGrelary SGH Company S8crelaries Limited Company number 04144824 Registered Charity number 1087567 Registered office Westminster Kingsway College 76 Vincent Square London SWIP 2PD Independent accountanls Rlches & Company 34 Anyards Road Cobham Surrey KT112LA
Doojsign Envelope ID.. C1020E4F-C12A47Ct>e637-BAEAAF463AA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Contents Page Trustees, and directors, annual report Independent accountants, report Slatement of financial activities Balance sheet Noles lo the financial slalements 8- 11
OcKusign Envelope ID.. C1O20E4F_C12A47CB637.8A&IAF463AA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Trustees, and Directors, annual report for the year ended 31st December 2024 The Irusteesldireclors present their report and financial statements for the year ended 31 st Dernber 2024. Principal activities and objectives The principal activities of the company are to advance the education of children and young persons in food, nulrilion, hygiene, health and related subjects so as lo develop their lasle and appreciation of food. of food orSgins and of different cultures. Registered office: Weslminsler Kingsway College 76 Vincent Square London SW1 P 2PD Directorsltrustees The following have held office during the year.. - Brian James Turner C8E John Thomas Williams MBE Amanda Jayne Afiya Frederi¢k Willem Mostert (resigned 91h February 2024) Myles Ironside Bremner Richard James Dunne (resigned 25th November 2024) David Charles Coubrough William James Toner Adrian Richard Bratt {appolnted 281h October 2024) ststus The company is limited by guarantee and has no share capital. The company is also registered as a charity, number 1087567. Revlew of actlvltl•$ During the period since inception the trust has been successful in obtaining sufficient donations to cover overhead expenses and meet ils primary aims. Public benefit In preparing their slalemenls on public benefit, the directors have, In accordance with $.4 of the Charities Act 2006, considered Ihe Charity Commission's general guidance on public benefit. Adopt a School teaches children about food in a holistic way from plant to plate, paying respect to food. nulrition, health and hygiene and cooking as a life skill. We believe that learning can and should be fun and infomative.
oCs1On Envelope ID.. C1020E4F-C12A.47CD-B637_BAEAAF463AA4 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 2024 Since its beginnings in 1990. the Trust has delivered its sessions lo thousands of children across the country and continues to have a waiting list of schools eager lo be 'adopted'. In addttion lo the voluntary time invested by our partners and individuals in the hospilalily industry who are absolutely passionate about what they do and for whom food is their reason for being, Adopt a School has an on-staff team of nine including six regional chefs who work alongside the schools challenging children's senses and captivating their curiosity for food and leaching about its significance in every aspect of our lives. We deliver sessions mainly in classrooms but also on farms, including Plumplon College in Sussex, with a regional chef sponsored by the Prep'l Foundation. We work wilh several special educational schools, youth clubs and with many schools where children come from disadvantaged backgrounds. We have been working with Great Ormond Street for many years, as well as the Evelina Children's Hospital. Chelsea and Westminster Hospital and St. George's H05pilal. We have discovered that cookery can be an exceptional e'ducational tool lo many ¢hildren who find leaming tough. having the added benefit of helping to develop teamwork and communication skills. Adopt a School is a way of life. It is about improving the lives of young people and changing habits so that the next generations can continue lo benefrt. We believe strongly in the principle of good, sensible eating which is the key lo healthy mind. body and nation and of invaluable benefit to social behaviour. We also believe that the current approach towards lood education needs to be transformed so that it has a se¢ure and definitive place on the curriculum - for all children. Our workshops integrate with many key syllabus subjects. Financial Review The Statement of Financial Activities, Balance Sheet and following notes show the performance of the charitable company during the year. The continued vulnerability of the natlon's economy and the confidence faclor are always a feature in fulfilling the plans of the Trust and, this has understandably been another challenging year for the Trusl. However, we continue to have fundraising successes as well as renewed support from volunteers delivering the programme. As in previous years, there has been great support from grant-makers. The Savoy Educational Trust has been a supporter since 1996 and the Worshipful Company of Cooks since 2000. and more recently. we have received grants from the Rolherwick Foundation, the Worshipful Cornpany of Innholders, The Band Trust and the Prep'i Foundalion. The University of Wesl London continue to sponsor a regional chef and University College Birmingham (UCB) employ a chef lecturer who delivers the Adopt a School programme two days a week. The Trust remains in a strong financial position with unrestricted reserves of £314,205, and restried resetves of £24,060 as at 31 December 2024.
Oocusign Envtslope IO". C1o20E4FQ12A47C8637.8AEAAF463AA4 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 2024 Structure, governan¢e and management The charitable company was incorporated on 161h January 2001 and is governed by ils memorandum and articles of association. It is ffjanaged by its direclorsl trustees. New directorsllrustees can be appointed by a majority vote of the existing directorsl trustees at a general meeting at which a quorum is obtained. Statement of trustees, and dlre¢tors' respon8lbllltles Charity and company law requlre the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of Ihe charity and of the surplus or deficit of the harity for that period. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the income and expenditure of the company for that period. In preparing those financial statements, the trustees are required to.. sele¢l suitable accounting policies and then apply them consistently., obseNe the methods and principles in the Charilies SORP., make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards and slalemenls of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the golng concern basis unless it is Inappropriate to presume that the company will continue in business. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the company and lo enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. By Order ofthe Board Directorrrrustee
Dcojsign Envelope ID.. C1020E4F.C12A47c8637.BAEAAF463AA4 Independent Accountants, Report to the members of The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) In order to assist you to fulfil your dulles under the Companies Act 2006. we have prepared for your approval the financial statements of The Royal Academy of Culinary Arts "Adopl-a-school. Trust for the year ended 31st December 2024 set out on pages 5 to 11 from the company's accounting records and from information and explanations you have given us. As a praclising member firm of the Instilule of Chartered Accountants in England and Wales (ICAEW). we are subje¢l lo its ethical and other professional r8quirements which are detailed at hItp..IfvA.icaew.cornIen1MernbersIregulatIons-Standards-and-gUIdanceI This report is made solely to the Board of Directors of The Royal A¢ademy of Culinary Arts "Adopt-a- School" Trust, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Royal Academy of Culinary Arts "Adopl-a-school. Trust and stale those matters that we have 8greed to state to the Board of Directors of The Royal Academy of Culinary Arts "Adopi-a-school Trust, as a body. in this report in accordance with ICAEW Technlcal Release 07116 AAF as detailed at icaew.com. To the fullest extent Permitted by law. we do not accept or assume responsibility to anyone other than The Royal Academy of Culinary Arts "Adopt-a-school. Trust and ils Board of Directors as a body, for our work or for this report. It is your duty lo ensure that The Royal Academy of Culinary Arts 'Adopi-a-S¢hool" Trust has kept adequate accounting records and to prepare stalulory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Royal Academy of Culinary Arts "Adopt-a-school. Trust. You consider that The Royal Academy of Culin8ry Arts 'Adopi-a-School' Trust is exempl from the slalulory audlt requirernent for the year. We have not been instructed to carry out an audit or a review of the financial stalements of The Royal Academy of Culinary Arts "Adopt-a-school" Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do nol. therefore, express any opinion on the slalutory financial statements. Riches & Company Date 71912025 Chartered A¢countsnts 34 Anyards Road Cobham SuTrey KT112LA
Docusiqn Envelope ID.. C1020E4F412A47CD-B637-BAEAAF463AA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Statement of financial activities for the year ended 31st December 2024 2024 Unrestricted Reslricled Total funds funds funds 2023 Total funds Note Incoming resources Donations Income from charitable activities Interest income Investment income 31,250 123,478 13,083 15 88,881 120,131 391,323 123,478 130,059 13,083 4,059 Total Incomlng resources 177.726 88,881 266,607 525,441 Charitable expenditure Direct Cost of activitles in furtherance of the charity's objectives Activity implementation costs Management and administration 32,540 4,667 183.365 108,200 34,062 37,207 35.593 291,565 528,321 34,062 25,771 Total resources expended 249.967 112,867 362,834 589,685 Net {expendlture)Ilncomè for the year Fund balances brought forward Funds transfer during the year 172,2411 123,986) 196,227) {64,244) 324.892 109,600 434,492 498,736 61,554 (81,554) Fund balances carried forward £314,205 £24,060 £338,26S 434,492 The charitable company has no gains or losses other than those reported above, and therefore no separate statement of lolal recognised gains and losses has been presenled. All amounts relate to conlinuing activities.
Oocusign EnveloFe ID.. C1020E4F-C12A47CD-8£37-8AEAAF463AA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Balance sheet at 31st December 2024 2024 2023 Note Current assets: Hals and aprons stocks Other debtors Investments Cash at bank 7,122 10,205 209,732 242,536 8.121 11.649 29,371 428,492 469,595 477,633 Creditors: amounts falling due within one year (131,331) (43,141) Total net ¢urfent a$•ets 338,264 434,492 Total assets less current llabblie3 338,264 434,492 Represented by: Funds Unreslricled funds Restricted funds 10 10 314,204 24.060 324,892 109,600 338,264 434,492 For the financial period ended 31 st December 2024 the company was enlilled lo exemption from audit under section 477 of the Companies Act 2006 relating to small Companies. Trustees, and Directors, responsibilities.. The members have not required the company to obtain an audit of ils financial statements for Ihe period in question in accordance wilh section 476., The directors acknowledge their responsibilities for Complying with the requirements of the Act wtth respect to accounting records and the preparalion of financial statements.
Occusign Envelope ID.. C1020E4F.C12A47CtNB637.BAEAAF463AA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Balance sheet at 31st December 2024 (continued) These financial statements have been prepared in accordance with the provisions applicable to Companies subject lo the small companies. regime. The financial statements were approved by the Board 4X170213•10117... David Coubrough Directo[rUstee
ClocUn Envelo ID.. C107OE4F£12A47CD-8637-BAEAAF463AA4 .The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Notes to the financial statements for the year ended 31st December 2024 Accountlng policies Accountin9 convention The financial statements are prepared under the historical cost convention and in accordance with applicable accounting standards. the Companies Act 2006, the Charities Act 2011. the Charities Act 2022 where relevant, the Charilies SORP 2 (FRS 1021 and the Financial Reporting Standard (FRS 102}. The princlpal a¢¢ounling policies adopted in the preparation of the ffinancial statements are set out b810w. The company is registered in England with registration number 04144824 and its registered office is Westminster Kingsway College, 78 Vincent Square. London. SW1P 2PD, United Kingdom. The company has taken advantage of the èxemption in FRS 102 from the requirement lo produce a cash flow statemenl on the grounds that il is a small company. These financial statements are presented in sterling which Is also the functional currency of the company. The charity meets the definition of a public benefit entily under FRS 102. The trustees have considered the financlal position. forecasts and cash flows of the organisation and are satisfied that il is appropriale to prepare Ihe accounts on a going concern basis. Incoming resource8 Income is recognised in the period in which the company is entitled lo receipt and the amount can be measurecl with reasonable certainly. Income is deferred in accordance with the period of the donation as specified by ihe donor. Resources expended Expenditure is included on an a¢cruals basis. Costs of generating fvnds comprise those costs directly attributable to obl8ining donalions and sponsorship. Management and adminlslralion comprises costs for the runnlng ofthe company.
0¢n Env¢k*pe ID." C1020E4F£12A47CD-8637-8AEAAF463AA4 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 2024 Funds accounting Funds held by the company are: Unrestricted Funds these are funds whlch can be used in a¢¢ordan¢e with the charitable objects at Ihe discretion of the trustees. Reslricled Funds these are funds that can only be used for particular restricted purposes within the objects of the company. Restrictions arise when specified by the donor or when lunds are raised lor particular reslricted purposes. Expenditure Expenditure is CogniSed when a liability is incurred. Taxalion As a registered charity, the company is exempt from liabilrty to corporation tax on its charitable aclivilies, Leasing arrangements Rentals payable under operating leases are Charged lo the unreslricled reseNes on slraight-line basis over the lease term. Operatlng profit 2024 2023 Operating profit stated after charging.. Accountants, remuneration 600 600 AGtsvity implementation cost8 2024 2023 Salaries and fees Aclivilies costs Travel costs 221,905 56.553 13,107 224,130 292.173 12,018 291.565 528,321
Dctusign Envelope ID.. C1020E4F.C12A47CD-8637.BAEAAF463AA4 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 2024 Management and admlnlstratlon 2024 2023 Office cosls Adminislralion salaries Accountancy fees Professional fees Computer costs Unrealised loss on investments 24,448 1,904 4,261 2,378 1,069 20,973 3,574 420 804 34,060 25,771 Cash at bank Bank current account Fixed interest investment accounts 127,306 115,230 125,897 302,595 242,536 428,492 Credltor8: amounts falllng due wlthln one year 2024 2023 Other credito Accruals and deferred income 8,818 122.513 6,805 36.336 131.331 43,141 Staff costs 2024 2023 Gross wages and salarles Employer's National Insurance contributions Employer's pension contributions 204.81)0 13,983 5,026 202,100 16,169 5,861 223,809 224,130 No employee earned £60,000 per year or more for Ihe years ended 31 st December 2024 or 2023. The average number of persons employed by the Gompany was 5 (2023- 5). 10
Oocusion Envekjpe ID.. C1020E4F-C12A47CD-B637-BAEAAF463AA4 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 2024 Related partiesltrustees, remuneration The charitable company was formed to conllnue the Adopt-a-school adivilies previously carried on by The Royal Academy of Culinary Arts Limited. a company limited by guarantee, which changed ils status from a friendly society on 30th September 2014. The Royal Academy of Culinary Arts Limited re¢har9ed Ihe following during the period.. 2024 2023 Salaries and fees Other costs 1,904 15,067 9,665 16,971 9,665 No remuneration was paid to other directors or trustees during the current and prior year. No director or trustee or other person related to the charity had any personal inlerest in any contract or transaction entered into by the charity during Ihe current and prior year. At 31st December 2024, The Royal Academy of Culinary Arts Limiled owed the charitable company £3.242 (2023- £4,442). Company Status The company has no share capital bul is limited by guarantees for £10 from the sole member, The Royal Academy of Culinary Arts Limited. 10 Funds Unreslricled funds relate only to the charitable company's general fund, for use as the trustees see fit. Restricted funds relate lo donations received for Schools Sessions run for the Northeast of England. Erasmus fvnding and funding received for the Chef on the Farm, and the Sussex and London Chef programmes. along with other smaller grants. These funds may only be used to contribute lowards the costs of the relevant adivilies. 11
Oe£JJsign Enveltspe ID: C1020E4F-C12A47cB637-8AEAAF46JAA4 The Royal Academy of Culinary Arts "Adopt-a-school" Trust (a company limited by guarantee) Income and expenditure account for the year ended 31st December 2024 2024 2023 Income Donations Charitable aclivilies 120,131 123,478 391.323 130,059 243,609 521,382 Expendlture Schools costs Salaries and fees Activities costs Hals and aprons Training Rent and rates Insurance Printing. postage and stationery Telephone Travel and subsistence Entertaining Accountancy fees Other profe$$ional fees Advertisinq Compuler costs Subscriptions and donations Bank charges Sundry expenses 26,682 223,810 56,553 10,525 107 15,067 4,039 396 24.149 224.429 291.533 11,444 640 9.645 3,481 525 13,107 85 4,261 2,378 270 1,069 1,101 947 2,436 12,018 3.574 420 1.980 1.360 3,683 1362,833) {588,880) Operating loss (119,224) (67.498) Interest receivable Gainsl(losses} on investments 13,083 9,915 4.059 (804) Deficit for the year (96.226) (84,244) 12