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2022-12-31-accounts

REGISTERED COMPANY NUMBER: 04463732 (England and Wales) REGISTERED CHARITY NUMBER: 1092921

Trustees' Report and

Unaudited Financial Statements

for the Year Ended 31 December 2022

for

THE BRISTOL CHILDREN'S HELP SOCIETY

THE BRISTOL CHILDREN'S HELP SOCIETY

Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2022

Page
Trustees' Report 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 15
Detailed Statement of Financial Activities 16

THE BRISTOL CHILDREN'S HELP SOCIETY

Trustees' Report FOR THE YEAR ENDED 31 DECEMBER 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 December 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 aims

In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefit at our trustee meetings. The primary objective is to provide premises, at highly subsidised rates, that will assist childcare organisations in the provision of educational and respite breaks for children from financially and emotionally deprived backgrounds. This benefits young people by developing their self-confidence and social skills alongside practical life skills. We welcome all young people and we believe that this philosophy of openness to all enriches everyone through the sharing of skills, aptitudes and life experiences of our young people and volunteers.

Achievements and performance

With the passing of the Covid 19 pandemic Barton Camp was able to operate fully during the year and there was a consequent increase in the levels of attendance and income from previous levels.

Volunteers

The charity is grateful for the unstinting efforts of its volunteers who are involved in service provision and fund raising. In accordance with the Charities SORP, the value of volunteers is not included in the financial statements.

FINANCIAL REVIEW

Financial position

Income

The main source of income is donations and legacies with £296,132 (2021: £266,929) received in the year. Revenue from subsidised lets during the year recovered from the effects of Covid-19 in the prior years to £112,716 (2021:£54,737).

Expenditure

Expenditure on direct charitable activities during the year was £228,314 (2021: £151,457). Raising funds accounted for £13,965 (2021: £12,885) of our total spend.

Investment policy and objectives

Under the memorandum and articles of association the charity has the power to invest in any way the trustees wish subject to any consents or restrictions that may be required by law.

Reserves policy

The charity has a policy of holding, at the end of each financial year, sufficient free funds to finance the projected net normal running costs for the next twelve months. This reflects the need to have sufficient funds to meet respite and educational breaks already committed to for the following year and guard against unforeseen events, for example, Covid-19.

As at 31 December 2022 the charity had free reserves of £352,037 (2021: £257,547).

Funds donated for, or designated for, specific use are held in addition to the normal running costs reserve.

Restricted funds are not released for use and projects are not started until all of the funds required for that specific purpose have been raised.

Page 1

THE BRISTOL CHILDREN'S HELP SOCIETY

Trustees' Report FOR THE YEAR ENDED 31 DECEMBER 2022

FINANCIAL REVIEW

The trustees consider that the charitable company will continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved as it holds adequate cash reserves to function on shutdown for at least 12 months. The trustees therefore consider it appropriate to adopt the going concern basis of preparation of the accounts, as detailed in note 1 to the financial statements.

FUTURE PLANS

Plans for future periods

The Society has a rolling five year business plan.

Key elements of the plan are to:

Independent examiner

Andrew Jordan of Haines Watts Bristol Limited has been appointed as independent examiner for the ensuing year.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The trustees are appointed on the basis of qualification and experience relevant to the charity's operations.

Induction and training of new trustees

The trustees undertake appropriate induction and training in order to understand the particular way the charity operates and to keep up-to-date with the regulatory changes that affect the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04463732 (England and Wales)

Registered Charity number

1092921

Registered office

Barton Camp Barton Winscombe Bristol BS25 1DY

Page 2

THE BRISTOL CHILDREN'S HELP SOCIETY

Trustees' Report FOR THE YEAR ENDED 31 DECEMBER 2022

Trustees

A Osborne (Chair) N Greenhalgh (Deputy Chair) D Butler J Dauban P J Evans W P George E Greenhalgh B Hall T A Hood A R Hurditch N R Hyde D B M Worthington

Company Secretary Ovalsec Limited

Independent Examiner

Andrew Jordan FCA Haines Watts Chartered Accountants Bath House 6 - 8 Bath Street Bristol BS1 6HL

Solicitors

Osborne Clarke 2 Temple Back East Temple Quay Bristol BS1 6EG

Bankers National Westminster Bank Plc PO Box 238 32 Corn Street BS99 7UG

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 3 July 2023 and signed on its behalf by:

P J Evans - Trustee

Page 3

Independent Examiner's Report to the Trustees of The Bristol Children's Help Society

Independent examiner's report to the trustees of The Bristol Children's Help Society ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 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 member of the Institute of Chartered Accountants in England and Wales, 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

  2. 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

  3. 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.

Andrew Jordan FCA

Haines Watts Chartered Accountants Bath House 6 - 8 Bath Street Bristol BS1 6HL

3 July 2023

Page 4

THE BRISTOL CHILDREN'S HELP SOCIETY

Statement of Financial Activities (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Provision of premises
Other trading activities
3
Investment income
4
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
6
Provision of premises
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
funds
£
174,132
112,716
2,114
910
127
289,999
13,965
181,544
195,509
94,490
257,547
352,037
Restricted
funds
£
122,000
-
-
-
-
122,000
-
46,770
46,770
75,230
984,894
1,060,124
2022
Total
funds
£
296,132
112,716
2,114
910
127
411,999
13,965
228,314
242,279
169,720
1,242,441
1,412,161
2021
Total
funds
£
266,929
54,737
3,054
18
2,841
327,579
12,885
151,457
164,342
163,237
1,079,204
1,242,441

The notes form part of these financial statements

Page 5

THE BRISTOL CHILDREN'S HELP SOCIETY (REGISTERED NUMBER: 04463732)

Balance Sheet 31 DECEMBER 2022

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Debtors
13
Cash at bank
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
funds
£
-
17,886
351,136
369,022
(16,985)
352,037
352,037
352,037
Restricted
funds
£
979,899
-
80,225
80,225
-
80,225
1,060,124
1,060,124
2022
Total
funds
£
979,899
17,886
431,361
449,247
(16,985)
432,262
1,412,161
1,412,161
352,037
1,060,124
1,412,161
2021
Total
funds
£
934,894
23,277
317,948
341,225
(33,678)
307,547
1,242,441
1,242,441
257,547
984,894
1,242,441

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 6

THE BRISTOL CHILDREN'S HELP SOCIETY (REGISTERED NUMBER: 04463732)

Balance Sheet - continued 31 DECEMBER 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 3 July 2023 and were signed on its behalf by:

A Osborne - Trustee

The notes form part of these financial statements

Page 7

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations are recognised when received by or on behalf of the Society. Income tax recoverable on gift aid donations is recognised when the related income is recognised. Grants and legacies to the Society are accounted for as soon as the Society is notified of its legal entitlement and the amount due. Rental income from the lettings is recognised when the income is receivable .Deposits and receipts for bookings in future periods are deferred. Other income is recognised on a receipts basis.

The value of services provided by volunteers has not been included.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

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 - 15% on reducing balance

Improvements to property are not being depreciated due to these assets still being under construction in the year to 31 December 2022.

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.

continued...

Page 8

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Donated goods, facilities and services

The value of services provided by volunteers is not incorporated into the financial statements.

Where goods or service are provided to the charity as a donation that would normally be purchased from suppliers, the contributions are included in the financial statements as an estimate based on the value of the contribution.

Short term liquid investments and cash

Cash at bank is held to meet short-term cash commitments as they fall due rather than for investment purposes and includes all cash equivalents held in the form of short-term highly liquid investments. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the charity's contractual obligations are discharged, cancelled, or they expire.

Accounting judgements

No judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies .

continued...

Page 9

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2.
DONATIONS AND LEGACIES
Gift aid
Legacies
Grants and donations
3.
OTHER TRADING ACTIVITIES
Energy feed-in tariffs
4.
INVESTMENT INCOME
Bank interest receivable
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Holiday rents
Provision of premises
6.
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
£
Provision of premises
225,219
2022
£
2,997
-
293,135
296,132
2022
£
2,114
2022
£
910
2022
£
112,716
Support
costs (see
note 8)
£
3,095
2021
£
1,724
10,002
255,203
266,929
2021
£
3,054
2021
£
18
2021
£
54,737
Totals
£
228,314

continued...

Page 10

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Running costs
Depreciation
8.
SUPPORT COSTS
Provision of premises
Support costs, included in the above, are as follows:
Governance costs
Examiner's remuneration for independent
examination and accounts preparation
9.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Accountancy fees
Independent examiners' fees
Depreciation - owned assets
2022
2021
£
£
190,730
112,213
34,489
36,354
225,219
148,567
Governance
costs
£
3,095
2022
2021
Provision
of
Total
premises
activities
£
£
3,095
2,890
2022
2021
£
£
1,750
1,750
1,345
1,140
34,489
36,354

continued...

Page 11

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
216,929
50,000
Charitable activities
Provision of premises
54,737
-
Other trading activities
3,054
-
Investment income
18
-
Other income
2,841
-
Total
277,579
50,000
EXPENDITURE ON
Raising funds
12,885
-
Charitable activities
Provision of premises
115,103
36,354
Total
127,988
36,354
NET INCOME
149,591
13,646
Transfers between funds
(1,365)
1,365
Net movement in funds
148,226
15,011
RECONCILIATION OF FUNDS
Total funds brought forward
109,321
969,883
TOTAL FUNDS CARRIED FORWARD
257,547
984,894
Total
funds
£
266,929
54,737
3,054
18
2,841
327,579
12,885
151,457
164,342
163,237
-
163,237
1,079,204
1,242,441

continued...

Page 12

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

12. TANGIBLE FIXED ASSETS

Improvements
Freehold
to
property
property
£
£
COST
At 1 January 2022
1,195,824
5,124
Additions
-
79,494
At 31 December 2022
1,195,824
84,618
DEPRECIATION
At 1 January 2022
336,534
-
Charge for year
23,916
-
At 31 December 2022
360,450
-
NET BOOK VALUE
At 31 December 2022
835,374
84,618
At 31 December 2021
859,290
5,124
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Gift aid debtor
VAT
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
VAT
Accruals and deferred income
Fixtures
and
fittings
£
277,674
-
277,674
207,194
10,573
217,767
59,907
70,480
2022
£
1,380
4,672
11,834
17,886
2022
£
-
16,985
16,985
Totals
£
1,478,622
79,494
Totals
£
1,478,622
79,494
1,558,116
543,728
34,489
578,217
979,899
934,894
2021
£
18,793
4,484
-
23,277
2021
£
1,482
32,196
33,678

continued...

Page 13

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

15. MOVEMENT IN FUNDS

Unrestricted funds
General Fund
Restricted funds
Fixed Assets Fund
Thatchers Grant Fund
Gatehouse Fund
TOTAL FUNDS
Net movement in funds, included in the above a
Unrestricted funds
General Fund
Restricted funds
Fixed Assets Fund
Thatchers Grant Fund
Gatehouse Fund
TOTAL FUNDS
At 1.1.22
£
257,547
934,894
50,000
-
984,894
1,242,441
re as follows:
Net
movement
in funds
£
94,490
(34,489)
(12,281)
122,000
75,230
169,720
Incoming
resources
£
289,999
-
-
122,000
122,000
411,999
Transfers
between
funds
£
-
79,494
(37,719)
(41,775)
-
-
Resources
expended
£
(195,509)
(34,489)
(12,281)
-
(46,770)
(242,279)
At
31.12.22
£
352,037
979,899
-
80,225
At
31.12.22
£
352,037
979,899
-
80,225
1,060,124
1,412,161
Movement
in funds
£
94,490
(34,489)
(12,281)
122,000
75,230
169,720
75,230
169,720

Comparatives for movement in funds

Unrestricted funds
General Fund
Restricted funds
Fixed Assets Fund
Thatchers Grant Fund
TOTAL FUNDS
At 1.1.21
£
109,321
969,883
-
969,883
1,079,204
Net
movement
in funds
£
149,591
(36,354)
50,000
13,646
163,237
Transfers
between
funds
£
(1,365)
1,365
-
1,365
-
At
31.12.21
£
257,547
934,894
50,000
984,894
1,242,441

continued...

Page 14

THE BRISTOL CHILDREN'S HELP SOCIETY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2022

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Restricted funds
Fixed Assets Fund
Thatchers Grant Fund
TOTAL FUNDS
Incoming
resources
£
277,579
-
50,000
50,000
327,579
Resources
Movement
expended
in funds
£
£
(127,988)
149,591
(36,354)
(36,354)
-
50,000
(36,354)
13,646
(164,342)
163,237

The Fixed Assets Fund (restricted) reflects the net book value of the fixed assets capitalised. A transfer of £79,494 has been made from the respective restricted receipts to reflect the value of improvements capitalised in the year.

The Thatcher Grant Fund (restricted) represents a gift from Thatchers of which £42,000 is towards children's play equipment and £8,000 towards the pool surround and signage.

The Gatehouse Fund (restricted) represents funds raised for the construction of a new Gatehouse.

16. RELATED PARTY DISCLOSURES

During the year, Bert Hurditch who is also a trustee, was paid in his capacity as overseeing the maintenance and running of the site a total of £8,000 (2021 - £6,000).

There were no further related party transactions in the year.

17. COMPANY LIMITED BY GUARANTEE

The charity is a private company limited by guarantee, registered in England and Wales, having no share capital and, in accordance with the Memorandum of Association, every member is liable to contribute £1 towards the costs of dissolution and liabilities incurred by the charity in the event of the company being wound up.

Page 15

THE BRISTOL CHILDREN'S HELP SOCIETY

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 DECEMBER 2022

INCOME AND ENDOWMENTS
Donations and legacies
Gift aid
Legacies
Grants and donations
Other trading activities
Energy feed-in tariffs
Investment income
Bank interest receivable
Charitable activities
Holiday rents
Other income
Other income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising expenses
Charitable activities
Running costs
Freehold property
Fixtures and fittings
Support costs
Governance costs
Examiner's remuneration for independent
examination and accounts preparation
Total resources expended
Net income
2022
£
2,997
-
293,135
296,132
2,114
910
112,716
127
411,999
13,965
190,730
23,916
10,573
225,219
3,095
242,279
169,720
2021
£
1,724
10,002
255,203
266,929
3,054
18
54,737
2,841
327,579
12,885
112,213
23,916
12,438
148,567
2,890
164,342
163,237

This page does not form part of the statutory financial statements

Page 16