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← Heart of BS13 Ltd

2023-03-31-accounts

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Trustees’ Report and Financial Statements for the year ended 31°' March 2023

Charity Number 1098338 Company Number 03845230

Trustees’ ' Annual Report

The Trustees present their Annual Report and Financial Statements of Heart of BS13 for the year ended 31st March 2023. ,

CONTENTS

Page

  1. Reference and Administrative Information 2. Structure, Governance and Management

  2. Objects and Activities

  3. Achievements and Performance

  4. Financial Review

  5. Statement of Responsibilities of Trustees

  6. Independent Examiner's Report

  7. Statement of Financial Activities

  8. Balance Sheet

  9. Notes to the Accounts

Reference and Administrative Information

Charity name: Heart of BS13 Ltd Charity Registration Number: 1098338 Company Registration Number: 03845230 Registered Office and Operational Address: The Gatehouse Centre, Hareclive Road, Hartcliffe, Bristol BS13 SUN

Trustees 2022-23

David Croom - Chair Steven Gibson Phil Haughton Sue Whale (appointed 20" June 2023) Hannah Shephard-Lewis (resigned 30" June 2023) Tim Peacock (resigned 30" June 2023)

Structure, Governance & Management

.

Governing Document

The organisation is a registered charity and a company limited by guarantee. Founded as an unincorporated association called Hartcliffe Health and Environmental Action Group in 1990, it was incorporated on 21st September 1999

[2]

_ and registered as a charity on 3rd July 2003. The company was established under a Memorandum of Association (amended on 29th November 2002), which established the objects and powers of the company, and is governed under its Articles of Association.

Following a Specia! Resolution of the members, the charity changed its name to Heart of BS13 Ltd on 4" October 2019.

The trustees of the Charity, who are also the Directors of the Company for the purposes of Company Law, exercise all the powers of the Charity and Company. During the year, the Trustees delegated responsibility for the day to day running of the charity to the Executive Director, Georgina Perry.

Recruitment and Appointment of Trustees

Ali Trustees are nominated, seconded and appointed at an AGM.

Objects and Activities

Charitable Objects

To preserve and protect health and to educate the public about the environment in Hartcliffe and the surrounding area.

Our Vision

To reduce health inequality in BS13.

Our Mission

To align entrepreneurship and social purpose to challenge the structural inequalities that lead to poor health outcomes in BS13.

How our activities deliver public benefit

The Trustees have had regard to the Charity Commission's guidance on public benefit and endeavour to implement them in all the charity's work. All our activities are open to any local people who wish to improve their health and well-being. The numerous benefits of our services are outlined below.

Strategic Aims of the charity

Our Values

In all our work we value:

[3]

Volunteers

Volunteers have had a variety of roles in the organisation including directors, service providers and advisors.

Partnership Working

We betieve that working with a range of statutory and voluntary sector organisations is central to developing high quality and sustainable services for this area. We work with many organisations, including:

NHS Bristol, North Somerset & South Gloucestershire ICB, Bristol City Council, Feeding Bristol, BS13 GP's, health visitors and social workers; Hartcliffe and Withywood Ventures; Job Centre Plus; Domestic abuse services; Secondary mental health services; Children's Centres, Bristol University, Women Teaching Fabrication.

Achievements and Performance

We are pleased to present our annual report for 2022/23, highlighting Heart of BS13's key achievements and progress during the year. We have emerged from the challenges of the Covid pandemic, during which time we supported our community through the crisis, whilst at the same time fully integrating our three programmes to deliver a core offer that addresses the dual threats of climate change and severe household hardship. Our three programmes address food insecurity, vocationa! and skills training and climate action and ali three have been developed through coproduction with our community and deliver targeted projects that have significant impact on the issues that matter most to people who live in BS13.

Climate Action Hub: ; In the summer of 2022, we re-opened the Bourchier Gardens site, renamed the Heart of BS13 Climate Action Hub. This space is an essential part of our commitment to provide a climate education and events space for the whole community. The site encompasses an outdoor amphitheatre, wild green spaces, an open sided activities barn, compost toilets and a roundhouse building. The climate hub is the perfect location to host and deliver creative events, performances, and workshops, adding to Heart of BS13’s income stream and creating a more sustainable and environmentaily responsibie future.

Three-Year Climate Action Programme:

In May 2022, following the development of the community climate plan with voices from over 1100 BS13 residents, Heart of BS13 was funded by the National Lottery to embark on a three-year climate action program. Our work focuses on reducing carbon emissions caused by ineffective waste disposal in the community and the creation of strategic partnerships to attract green economic development to BS13.

We have launched the BS13 household food waste-recycling initiative, which aims to reduce the amount of organic waste entering tandfills. Through education, outreach, and providing necessary infrastructure, we will be encouraging hundreds of households to compost and recycle their food waste. This initiative is a significant

[4]

step towards our sustainability goals, aligns with our existing enterprises and aims to decrease the amount of household waste that ends up in landfill.

We are engaging the young people of BS13 in a climate and environmental action leadership programme that will initially focus on collaborating with local supermarkets to reduce the dumping of supermarket shopping trolleys in BS13 streets and green spaces.

We are developing strategic partnerships and attracting investment to take a longterm approach that links climate science to opportunities, ensuring that as green economic sectors emerge, investment in education, skills and training are as available to the BS13 community as they are to the rest of the city.

The Pollinator Habitat Trail:

Funded by the West of England Combined Authority, we have begun planting a new 1.8-mile pollinator trail connecting our Climate Hub to Hartcliffe City Farm. We plan to work with up to 600 BS13 residents to transform previously litter-strewn sites into a green corridor planted with low-maintenance, beautiful perennial plants which will attract insects, wildlife, and provide community members a place to walk in nature, and a car-free way to get from the Climate Hub to Hartcliffe City Farm.

Heart of BS13 Flowers at the Farm:

The summer of 2022 saw the first season of "Heart of BS13 Sustainable Flowers" at Hartcliffe City farm. This enterprise enables the community to participate in horticulture and environmental stewardship, focusing on the importance of ecosystem through hands-on activities such as planting pollinator-attracting plants and creating wildlife habitats and wetlands as well as developing vocational skills and supporting a growing socia! enterprise.

Slow Cooker Club:

In 22/23, forty households (just over 200 people) participated in our Slow Cooker Club, a ‘whole family project designed to promote healthy eating and reduce food waste. This initiative has not only improved the nutrition of our community members but has also contributed to reducing food waste and associated environmental impacts,

Community freezer:

Heart of BS13’s community freezer supports people who run out of food because they run out of money. We fundraise and sell meals from a pay-it-forward range we have created to sustain the community freezer work. Using fresh, high-quality produce that is both bought and donated to make free, delicious, nutritious meals that are frozen and then placed in our community freezer, we offer the option to struggling households fo jain the community freezer for up to 12 weeks, three times a year. This year we have supported 421 people, (149 households) 329 children and 197 adults. 8,609 meals have been given out, alongside cash vouchers to support families with energy bills over the winter.

BS1i3 At Risk Youth Holiday Projects - Year 2:

We successfully completed a scaled-up version of the BS13 Youth Holiday Projects, designed to provide positive and engaging activities for young people in our community. This program offers mentorship, skill-building, and recreational opportunities to foster personal growth and development and to ensure that children

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in the BS13 community can have free and delicious and nutritionally high value meals during their school holidays.

Heart of BS13 continues to make substantial progress in our mission to create a sustainable and vibrant community working towards improved health outcomes for all residents. We would like to extend our gratitude to our supporters, partners, and community members who have been instrumental in achieving these milestones. We look forward to another year of growth and positive change.

Financial Review

The Charity's financial situation has remained stable during the year. Income exceeded expenditure on restricted funds, due to increased funding for ionger term projects continuing into 2023-24. There was a small surplus of £1,099 on Unrestricted Funds (2022 £4,061). With adequate reserves and budgeted expenditure kept within the available funds, the trustees consider that the charity is a going concern.

Principal Funding Sources

During the year, the charity received grants totalling £428,663 (2022 £423,055); these included £35,049 from Bristol City Council (2022 £79,681), £206,463 from Big Lottery (2022 £145,152), £27,618 from the Climate Action Fund (2022 £30,794), £10,000 from the John James Foundation (2022 £17,500), £5,400 from Quartet (2022 £37,200), £30,544 from Enovert (2022 £69,456), £11,811 from WECA (2022 nil), £10,000 from BrisDoc (2022 nil), £20,000 from Bristol Community Health (2022 nif} £26,000 from Feeding Bristol {2022 nil), and £37,400 from Community Ownership Fund (2022 nil).

Reserves Policy

The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”) held by the organisation should be between 3 and 6 months of the resources expended on core activities, which equates to £50,000 to £100,000 in unrestricted funds. At this level, the trustees feel that it would be able to continue the current activities of the organisation in the event of significant drop in funding. It would obviously be necessary to consider how the funding would be replaced or activities changed accordingly.

At the balance sheet date free reserves amounted to £81,740 (2022 £80,641). This figure is below the target level; however two designated reserve funds have been set up: one is a General Reserve fund (£15,000 at the balance sheet date [2022 £15,000]), and the other is a Redundancy Fund (£23,721 at the balance sheet date [2022 £26,000]) which is sufficient to meet statutory redundancy and staff notice payments. .

,

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Statement of Responsibilities of the Trustees

Trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income or expenditure, of the charitable company for the year. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006.

The trustees are also responsible for safeguarding the assets of tne charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees confirm that to the best of their knowledge there is no information relevant to the Independent Examination of which the Examiners are unaware.

The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant financial information and that this information has been communicated to the Examiners.

Members of the charity guarantee to contrioute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such guarantees at 31st March 2023 was 5 (2022 - 6). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Approved by the trustees on 8" December 2023 and signed on their behalf by:

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David Craém (trystee) — Phil Haughton (trustee)
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[7]

Independent examiner's report to the trustees of Heart of BS13

| report to the charity trustees on my examination of the accounts of the Company for the year ended 31* March 2023.

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, | 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 | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

| have completed my examination. | 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

  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)}.

| 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.

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—Dn\aul| aw o o ECA,€M sam ¥ December 2023|
Dick Maule FCA
The Cross House
South Woodchester GL5 5EL
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[8]

Heart of BS13

Statement of Financial Activities (incorporating Income & Expenditure Account) Year to 31st March 2023

Year to 31st March 2023
Restricted Unrestricted Total Total
funds funds funds funds
2023 2023 2023 2022
[see Note 12]
Notes £ £ £ £
Income
Donations [2] 25,069 - 25,069 14,859
Charitable activities [3] 496,477 740 497,217 497.746
Investments - 359 359 47
Total Income 521,547 4,099 522,646 512,652
Expenditure
Fundraising costs [4] 2.434 - 2,434 -
Charitable activities:
Climate action & horticulture 254,572 - 254 572 277 260
Foad security 186,727 - 186,727 221,386
Total charitable activities [5] 441,299 - 441,299 498 645
Total Expenditure 443,734 - 443,734 498,645
Net Income / (Expenditure} 77,813 1,099 78,912 14,007
Transfers between funds - - - -
Net Movement in Funds 77,813 1,099 78,912 14,007
Total funds brought forward 178,322 80,641 258,963 244,956
Totalfundscarriedforward 256,135 81,740 337,875 258,963

[9]

.

Heart of BS13

Balance Sheet

|

As at 31st March 2023

Company no: 03845230

2023 2022
Notes £ £
Fixed Assets [6] 164,571 136.190
Current Assets
Cash at bank and on hand 161,408 117,935
Debtors and prepayments [7] 35.191 15,681
Stock for resale 6,154 2,467
202,753 136,084
Current Liabilities
Creditors and accruals [8] 29,448 13,311
Net Current Assets 173,304 122,773
Net Assets 337,875 258,963
Statement of funds
Unrestricted funds:
General funds [9] 43,019 39,641
Designated funds [9] 38,721 41,000
Restricted funds [9} 256,135 178,322
337,875 258,963

Approved by the Board of Trustees on 8th December 2023 and signed on its behalf by

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David Croom /
Trustee
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Phif Haughton
Trustee
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[10}

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Heart of BS13 Notes to the Accounts Year to 31st March 2023

{1} Principal Accounting Policies

The principal accounting policies adopted in the preparatian of the financial statements are set aut below.

(a) Basis of preparation
The financiat statements have been prepared in accordance with the Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing theiraccounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 2nd edition and the
Charities Act 2011 and the Companies Act 2006.
Heart of BS13 meets the definition of a public benefit entity underFRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy note({s).
{b) Preparation of the accounts on a qaing cancer basis
The charity's general funds remained in surpius throughout the year, and there are adequate designated funds to
coveran unexpected drop in funding. Budgeted expenditure is planned each year within available funds. Therefore
the trustees are satisfied that the charity is a going concem on an angaing basis -- for further information see the
"Financial Review" on Page 6.
{c) locome
Income is recognised when the charity has ent tlement
to the funds, any performance conditions attached to the
items of income have been met,
it is probable that the income will be received and the amount can be measured
reliably.
Income irom grants is recognised when the charity has entitlement to the funds, any performance conditions
attached to the grants have been met, itis probable that the income will be received and the amount can he
measured reliably and ts not deferred.
Income received in advance of activities is deferred until (he criteria for income recognition have been met (see
Note 8).
(d) Donated services and facilities
Donated professional services and facilities are recognised as income when the charity has cantral over the item,
any conditions associated with the donated item have been met, the receipt of economic benefit from the use by
the chanity is prabable and that economic benefit can be measured reliably. There were no such donations during
ihe year in question. In accordance with the Charities SORP (FRS 107), the general volunteer time of trustees
and volunteers ts not recognised with any monetary value.
{e} Interest receivable
interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity; this is nc-mally upon notification of the interest paid or payable by the Bank.
(f} Fund Accounting
[i] Unrestricted funds are available foruse at the discretian of the trustees in furtherance of the general objectives
of the chanity.
ii} Designated funds are unrestricted funds set aside by the Management Committee for particular purposes.
[iii] Restecled funds are subjected to restrictions on their expendilure imposed by the donor ar through the terms
of an appeal.
(g) Expenditure
Expenditure is recognised once there is a legal ar constructive obligation to make a payment toa third party, itis
probable that settlement will be required and the amount of the obligation can be measured reliably. The charity is
not registered forValue Added Tax, therefore all expenditure is expressed inclusive of VAT. Expenditure is
classified under the fallowing activity headings:
[i] Costs of raising funds comprise the costs associated with attracting voluntary incame and the costs of trading
forfundraising purposes.
[ii] Charitable expenditure comprises those costs incurmed by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to such activities, and those
costs of an indirect nature necessary to support them.
[ti] Other expenditure represents those items not falling into any other heading. There were no such costs during
the yearin question,
(h} Allocation of support costs
Support costs are those functions that assist the work of the charity bu! do not directly undertake charitable ,
activities. These include office costs, finance, personnel, payroll and gavemance costs which support the charity's
charitable activities.
(i) Fixed Assets
Tangible fixed assets are written off aver the expected useful life of the asset, at 50% perannum on the straight
line method. However, for buildings and improvements to property, this is at 5% on the reducing balance method.
Individual items costing less than £1,000 are not treated as fixed assets. ;
(i) Taxation
The charity is exempt from tax on income and gains fafling within section 505 of the Taxes Act 1988 or
section 252 of the Taxation of Chargeable Gains Act 199? to the extent that these are applied to its charitable
objects.

(k}) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

[11]

Heart of BS13 Notes to the Accounts (cont.)

Year to 3ist March 2023

(m) Creditors

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

[2] Income fram donations 2023 2023 2023 2022 2022 2022
Restricled Unrestricted Total Restricted Unrestricted Total
£ £ £ £ £ £
Individual donations 20,390 - 20,396 14,759 100 14.859
Corporate donations 3,850 - 3,850 - - -
Gift Aid 830 - 830 - - -
25,069 - 25,069 14,759 100 *4,859
[3] Income from charitable activities 2022 2022 2022 2022 2022 2022
Rest"cted -Unrastricted Total Restricted Unrestricted Total
£ £ £ £ £ £
Gavemment grants 46,860 - 46,860 99,840 - 99.846
Other grants
Activities income		 381,802
8,501		 : -
-		 381.802
8.501		 318,926
699		 4,289
-		 323.215
699
Horticulture sales 23,670 - 23,670 33,189 - 33,189
Sales af meals 28,916 - 28,916 40,803 - 40,803
Hire of roundhouse 5,435 - 5,435 - - -
Fees income 724 720 1,444 - - :
Sundry income 568 20 588 - - -
496,477 740 497,217 493,457 4.289 497,746

The charity received gavemment grants during the year from Bristol City Council and WECA totalling £46,860 (2022 £99,840). There are no unfulfilled conditions or contingencies attaching to these grants in 2022-23.

[4] Analysis of expenditure on fundraising

2023 2022 Fees lo payment platforms 303 - Fee to fundraiser 2,131 - 2,434 -

[12]

;

Heart of BS13 Notes to the Accounts {cont.) Yearto 31st March 2023

[5] Analysis of expenditure on charitable activities

Climate
action & Food
; horticulture security Tatal Total :
2023 2023 2023 2022
: [see Note 12]
Direct costs: £ £ £ £
Wages and salaries 111,282 59,161 170,443 219,639
Activities and equipment 38,774 47,226 86,000 56,558
Donation to Entrust project - - - 10,000
Payments to beneficiaries - - - 14,115
Creche and childcare - - - 18
Resources 7,642 3,644 11,286 1,830
Training 4,104 216 1,320 1.338
Professional fees 216 . 216 3,350
Publicity 559 596 1,155 4,386
Recruitment §23 35 558 455
Refreshments 340 i) 349 619
Travel expenses 934 217 1,151 378
Volunteer expenses 207 - 207 140
Rent, rates, heat& light 2,234 15,824 18,059 14,720
Depreciation 13.413 - 13,413 22,204
Lass on disposal - - - 14.760
Total Direct Costs 177.227 126,928 304,156 361.159
Support costs: £ £ £ £
Wages and salaries 53,293 40,482 93,775 94,999
Subscenptions 443 429 571 165
Rent, rates, heat& light 4,391 3,962 8,353 9,916
Cleaning & refuse 49 1,392 1,441 1,092
Telephone 722 435 1,157 1,622
Repairs and renewals 7,217 2,905 10,122 1,625
{T support and software 5,988 4,845 10,833 6,669
Postage and stationery 923 658 7.581 1,976
insurance 1,710 1,299 3,010 3,024
Consultancy fees 204 1,821 2,025 14,810
Accountancy 1,896 1,440 3,336 540
Fee for Independent Examinatiar 327 248 575 375
Bank charges 49 38 87 652
Sundry 133 146 278 21
Total Support Costs 77,345 59,799 137,144 137.486
TotalCharitableExpenditure 254.572 186,727 441,299 498.645

Support costs are apportioned between the charitable activities accarding to staff time spent on each activity.

[6} Tangible Fixed Assets Improvements Total
Equipment to property Buildings Vehicles’ 2023
£ £ £ £ £
Cost
Opening balance 43,671 30,566 116,155 12.108 202,499
Additions 7,519 3,574 30,700 - 41,794
51,190 34,140 146 856 12,408 244,293
Depreciation
Opening balance 42,162 2,977 15,116 6,054 66,309
Charge for the year 5,268 1,558 6,587 - 13,413
47,430 4,535 21,703 6,054 79,722 -
Net Book Value at 31/03/23: 3,760 29,605 125,153 6.054 164,571
NetBookValueat31/03/22: 4,509 27,589 404,036 6,054 136,190

[13)

Heart of BS13 Notes to the Accounts (cont.)

Year to 31st March 2023

[7] Debtors and prepayments 2023 2022
£ £
Sundry debtors 18,040 6,915
Prepayments 17,151 8,767
35,191 15,681
[8] Creditors and accmals
2023 2022
Amounts due within 12 months: £ £
Trade creditors 17.351 4,790
PAYE & National Insurance 3,576 5,488
Accrued staff holiday pay 3,164 2.358
Accruals 2,413 675
Other creditors 2,945 -
29,448 13,311
[8] Movements in funds Balance at Transfers Balance at
(for previous year, see Note 12) 31/03/2022 Income =Expenaiture between 34/03/2023
funds*
Restricted Funds: Revenue £ £ £ £ £
Horticulture (formery Kitchen Garden 3,014 192.694 (171,099) (3,574) 21,035
Enterpnse}
Food Secunty 7,927 295,820 (169.469) - 44,578
Climate & environment action 31,190 123,033 (90.053) (38,220) 25,951
Restricted Funds: Capital
Restricted Assets Fund 35,154 - (6,826) 11,093 39.418
Buildings Capital Fund 101,039 - {6,587} 30,700 125,153
Total Restncled Funds: 478,322 521,547 {443,734) - 256.135
Unrestncted Funds:
Designated Funds:
Redundancy Praviston 26.900 - - (2,279) 23,721
Reserve Fund 15,000 - - - 15,000
Tatal Designated Funds: 41,000 : - (2,279) 38.721
General Funds 39,641 1,099 - 2,279 43,0149
Total Unrestricted Funds: 80,641 1,099 - - 81,740
TotalFunds: 258,963 522,646 (443,734) - 337,875

The Horticuiture project (formerly Kitchen Garden Enterprise) manages the flower farm, and faod waste composting and is aligned with the Chmate Action programme.

The Food Security programme supports BS13 households living with food insecurity and poor nutrition.

The Climate & Environment Action programme delivers activities aimed at mitigating the climate and environmental crisis and is aligned with the Horticulture Programme.

The Restricted Assets fund holds the residual restncted value of equipment, ‘mpravements to property and vehicles,

The Buildings (fanmerly Raundhause now Climate Action Hub) Capital Fund holds the residual restricted value of buildings that the charity has built on the community alotment.

The Redundancy Provision fund exists to provide for the costs of redundancy, should the charity be forced to clase. These are calculated as the statutory notice and redundancy payments that would be due to curent staff.

The Reserve fund exists to maintain an appropriate level of reserves in line with the charity's Reserves Policy.

The value of fixed assets purchased during the year is transferred fram the respective restricted funds to separate them from the cash funds held.

The Redundancy Provision was recalculated based on current slaff, and the difference transfered back to General Funds.

[14}

Heart of BS13 Notes to the Accounts (cont.)

Year to 31st March 2023

[10] Payments to trustees and related party transaclions The trustees received no remuneration or expenses payments during the year {2022 nil).

Two trustees made donations totalling £1,060 to the charity (2022 £600 from one trustee}. There were no other related party transactions during the year.

[11] Staff costs 2022 (2022
£ £
Wages and salanes 242,851 286,353
Employers National Insurance 16,071 21,285
Employer pension contributions 5,297 7,001
264,218 314,639

The average number of staff employed during the year was 13 (2022: 9} and the average full time equivalent number of posts was 8 (2022: 7). No employee earned over £60,000 per annum during the year.

The key management personnel of the charity comprise the trustees and the Executive Directar. The total employee benefits paid to the key management personnel during the year was £51 .005 (2022 £50,500).

[1?} Detailed comparison with previous year

Statement of Financial Activities 2021-22 Restricted Unrestricted Total
frestated tc be consistent with analysis for 2022-23} funds funds funds
2022 2022 2022
£ £ £
income
Donations 14.759 100 14,859
Chantable activities 493.457 4,289 497 746
Investments - 4? 47
Total Income 508,216 4,436 512,652
Expenditure
Charitable activities:
Climate action & horticulture 276,885 375 277,260
Food security 221,386 : 221,386
Total chantable activities 498 270 375 498,645
Total Expenditure 498,270 375 498,645
Net Income
/ (Expenditure)		 9,946 4,061 14,007
Transfers between funds - . :
Net Movement in Funds 9,946 4,061 14,007
Total funds brought forward 171,397 73,559 244,956
Total funds carried forward 481,343 77,620 258,963
Analysis of expenditure on chantable activities 2021-22
[restated to be consistent with anafysis for 2022-23}
Climale
action & Food Total
horticulture secunly 2022
Direct costs: f £ £
Wages and salaries 112,497 107,142 219,639
Activities and equipment 31,057 22,151 53,208
Danation to Entrust project 10,000 10,000
Payments to beneficiaries 12,805 4.310 14,115 :
Creche and childcare 18 18
Resources 1,525 305 1,830 '
Training 932 406 1,338
Professional fees 2,089 1,261 3,350
Publicity 2.716 1,669 4,386
Recruitment 376 80 455
Refreshments 573 46 619
Travel expenses 357 . 21 378
Voalunleerexpenses 75 65 140

[15]

Heart of BS13 Notes to the Accounts (cont.}

Year to 31st March 2023

[12] Detailed comparison with previous year (continued) Analysis of expenditure on charitable activities 2021-22 (continued) frestated ta be consistent with analysis for 2022-23]

Climate
action & Food Totai
horticulture secunty 2021
£ £ £
Rent, rates, heat & light 2,642 42,078 14,720
Depreciation
Lass on disposal		 22,204
14.760		 -
-		 22,204
14,760
Total Direct Costs 214,625 146,534 361,159
Suppart costs: £ £ £
Wages and salanes $5,541 49,459 94,999
Subscriptions
Rent, rates, heat & light		 90
1,655		 75
8,261		 165
9,916
Cleaning & refuse 180 913 1,092
Telephone 98t 644 1,622
Repai’s and renewals 848 777 1,625
IT support and software 3.462 3,207 6,669
Postage and stationery 970 1,006 1,976
Insurance 1,499 1,526 3,024
Consultancy fees 6,701 8.109 14,816
Accauntancy 167 373 540
Fee far tndependent Examinatior 116 259 375
Bank charges 413 239 652
Sundry 13 8 21
Total Suppart Costs 62.635 74,851 137,486
Tota! Cnartable Expenditure 2/7.260 221.386 498,645
Movements in funds 2021-22 Balance al Transfers Balance at
31/03/2021 Income Expenditure between funds 31/03/2022
Restricted Funds: Revenue -
£		 £ £ £ £
Kitchen Garden Enterprise 14,988 159,799 (156,951) (14,823) 3.014
Food Secunty 26,710 210,216 (213,872) (15,126) 7927
Positive Minds 12,763 - (42,763) - -
Climate & environment action 50,835 138,201 (80,7414) (77,105) 31,190
Restricted Funds: Capital
Restricted Assets Fund 36,848 - (31,646) 29,949 35,151
Roundhouse Capital Fund 29,253 - © (5,318) 77,105 101,039
Total Restricted Funds: 171,397 508,216 (501,291) - 178,322
Unrestricted Funds:
Designated Funds:
Redundancy Provision
Reserve Fund		 53,092
10,000		 -
-		 -
-		 (27 092)
5,000		 26,000
15,000
Total Designated Funds: 63,092 : - (22,092) 41,000
General Funds 10,467 4,436 2,646 22,092 39,641
Total Unrestricted Funds: 73,559 4,436 2,646 - 80,641
TotalFunds: 244956 512,652 (498,645) . 258.963

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