THE BACUP CONSORTIUM TRUST Registered Charity No. 1107532 Company No. 05097958 J 31 Director's Report and Accounts For the year ending 31 March 2021
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Contents Page Company Details Report of Directors Independent Review Statement of Financial Activities (including Income and Expenditure Account io Balance Sheet 12 Notes to the Accounts
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Company Details Trusteel Olrectors Mr R Wallwork Mr B Millward Ms R Callaghan Heeks Mr K Mcclelland Mr Samuel Gray Mr D Greenland Mr Tom Bell Mr K Naylor Secretary Ms R Callaghan Heeks Registered Office Stubbylee Community Greenhouses Stubbylee Lane Bacup Lancashire OLII ODO Company Number 05097958 Independent Examiner John Boardman Subsidiary and A55ociated Companle None
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 REPORT OF THE DIRECTORS Background to the Organisation and its constitution The Bacup Consortium Isicl was constituted by it5 members in June 2000 as an unincorporated association with the aims of undertaking community projects within Bacup and its environs in order to improve the quality of peoples, lives and make Bacup a better place in which to live, work and play. It became incorporated as The Bacup Consortium Trust IBcfi - a private company limited by guarantee on 7 April 2004 under a new constitution and governing document in the form of Memorandum and Articles of Association and registered as a charity Inumber 11075321 on 10 January 2005 with the same aims and objectives as the original Bacup Consortium. The Bacup Consortium (unincorporated association) was dissolved by its members at an annual general meeting held on 20 April 2005 and all its assets transferred to The Bacup Consortt'um Trust Ilimited company). In 2011 the aims were changed to promote social inclusion for the public beneh't by preventin8 people from Rossendale, and its environs, from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. In November 2014 the founders of the original Bacup Consortium decided to leave the Company in order to set up an or8anisation more in line with the original aims of the or8anisatiOn. Trustees are appointed to the board in line with the governing document. All trustees must resign at the AGM and, if wishing to continue. stand for re-election. There is an induction proces5 for all new trustees and further trainin8 is available as required. In parbcular, the charity trustees have complied with their duty to have due regard to the guidance on public benelit, as published by the Charity Commission. in exercisin8 their powers or duties. Princlpal activities This is the eighteenth report of the activities of the Bacup Consortium and cover5 the seventeenth year of operations as The Bacup Consortium Trust (Ltd Company). The principle activities, all in support of the Objects of the organisation as set out in its Memorandum of A550ciation. were.. Stubbylee Community Greenhouses ISCGI at the Stubbylee Greenhouses site in Bacup. SCG operates as a community social enterprise, providing volunteering, mentoring, training and work experience opportunities to local people acr055 Rossendale. At the Stubbylee site we run a number of projects including the East Lancashire Recovery College and creating Memory Garden aimed at dementia sufferers. We have a shop on site selling plants. wooden items and a selection of crafted items, all produced by participants on site. We also provide a number of paid for, long term placemenls and the aim is to increase both the placements and the shop sales to aid our sustainability. Events are held throughout the year, usually based around soap box racing in the park, and are enjoying increasing attendance.
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 REPORT OF THE DIRECTORS- CONTINUED SCG works with a number of local partners to achieve our obiectives including.. Accrington and R05sendale College Age Concern BPRCVS Calico Carer's Link Lancashire Church of England Christ Church with Stjohn Citizens Advice Bureau ICABI Eat Pennine5 Dementia Friendly Rossendale Experts by Experience Guild Lodge INSPIRE Lancashire Adult Learnin8 Lanca5hire County Council Lancashire User Forum Lancashire NHS Care Trust Lancashire Well Being Service Living Well Livin8 Better Rossendale N Compass Lancashire Women's Centre Minds Matter One Recovery PAC Red Rose Recovery Reach IT Rossendale Rethink and CALM Richmond Fellowship Rossendale and Hyndburn CMHT Rossendale Methodist Circuit Rossendale Alive Rossendale Leisure Trust U3A Veterans in the Community As we met last year we were just on the way out of our most challenging year however, the message had been pretty clear throughout". close the doors, do what you can on line and on the phone but close the doors. With immense work from staff and a handful of volunteers we maintained and enhanced the site, kept plants alive and even grew our stock. This year the messages have not been quite so clear- open the doors a little bit, close the door and open a window, peep round the corner of a building while holding the door closed but ready to open it; open the door if you have a plan.
The Bacup Consortium Trust (a company limited by guarantee and registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 As a charity we created a plan and stuck to it. We safely reopened our doors and have maintained that safety for our Stubby family throughout. The site has ontinued to evolve and develop and amazing advances have been made in a year which makes that last look uncomplicated. Business has grown exponentially in some areas but covid and it's constraints have hit some areas of our actual and projected income hard. Once again we meet adversity with creativity and hard work. l am incredibly proud of our staff and volunteers who have rallied round the site and each other as our participant, volunteer and student base has continued to grow. Throughout the last year the need for the everything we do has grown in a near unquantiliable way and in the coming year we will have to continue to evolve to meet the needs of our Stubby family and the wider society. We are once again entering uncertain times, in 2020 we had no practiced resource to deal with situation we faced, no armament, nothing. We are now entering 2022 with something - rehearsed, armed and with resource, we achieved the impossible with nothing, and I have no doubt that we can achieve the miraculous something.
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 REPORT OF THE DIRECTORS- CONTINUED Dlrectors, Interests and responsibilitie5 The Bacup Consortium Trust is a registered charity run by volunteers. The Directors have no pecuniary or any other personal benelicial interest in the organisation. The Directors have responsibilities under Company law - inter olio - to prepare financial statements for each financial year giving a true and fair view of the state of affairs of the company and of the income and expenditure for that period. During the year the Company provided paid employment for- An operations manager A volunteer managerlmentor An administrative assistant A café mana8er • A café a55iStant The Company owns assets in the form of a portacabin offi'ce with furniture, fixtures and fittings, IT equipment, gardening tools and woodworking equipment and cash at bank. On 16 March 2007, trustee5 of The Bacup Consortium Trust las tenant) 518ned a 25-vear lease with Rossendale Borough Council las landlord) for land and buildings known as the Greenhouses, Stubbylee Park, New Line, Bacup, Lancashire for the purposes of running a sustainable community enterprise- "Stubbylee Community Greenhouses" as described under the principal activities above. In September 2015 the trustees signed a 3-year lease with Rossendale Borou8h Council for a suite of rooms in Stubbylee Hall to be used for the Recovery College. Small company provisions The financial statements have been prepared in accordance with the accounting policies set out in notes to the account5 and comply with the charity's governin8 document, the Charits'e5 Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reportin8 Standard for Smaller Entities published on 16 july 2014. By order of the Board Benjamin Millward Chair Date December 2021
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Independent examiner's report to the trustees of "The Bacup Consortium Trust" I report on the account5 for the company for the year ended 31 March 2021 Respective responsibilities of the trustees and exarniner The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit 15 not required for this year under section 144121 of the Charitie5 Act 2011 Ithe 2011 Act) and that an independent examination 15 needed. l am qualified to undertake the examinats.on by being a member of the A5SOC13tion of Public certih.ed Accountants IACPAI. Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examinaon. it is my responsibility to.. examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in the general directions given by the Charity Commission under section 14515llbl of the 2011 Act. and to state whether parricular matter5 have come to my attention Basis of independent examiner's report My examination was carried out in accordance with the general directions given by the Charity Commission. An examinatr.on includes a review of the accounting records kept by the Charity ènd a omparison of the accounts presented with those records. It also includes consideration of anv unusual iterns or disclosures in the accounts, and in seeking explanations from you as trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required for an audit and consequently no opinion is given as to whether the account5 present a 'true and fair view, and the report is limrted to those matters set out in the statement below. Independent examlner's statement In connectr'on with my examination no matter has come to my attention.. which gives me reasonable cause to believe that in any material respect the requirements.. • to keep accounting records in accordance with sectt'on 130 of the 2011 Act and 386 of the Companies Act 2006, and to prepare accounts which accord with the accounh'ng records and comply with the accounting requirements of the 2011 Act have not been met, or comply with section 396 of the Companie5 Act 2006 and with the rnethods and principles of the Statement of Recommended Practr'¢e". Accounting and Reporting by the Charities have not been met, or to which, in my opinion. attents.on should be drawn in order io make a proper understanding of the account5 to be reached. John P Boardman ACPA 3 Coleridge Road. Greenmount, Bury. Lancashire BL8 4EW Date..
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Bacllp Consortium Trusi.. Siatetnent of Financial Acuviiie5 (Inc. Income and Expendilure) 2021 Resiricted 2020 General Total INC Donations KN Donation Earned Income Paid lor care Retail sales Trainin8 Grant income Restricted A4A.. ccr Restricted.. PPE Grant Total Income El,654 E2.733 £1.075 E2.729 £10.565 £27.262 £51.905 £10.565 E27.262 £51.905 £1.851 £25,486 £62.136 £5.910 £61,275 £31,669 £31.669 £9.600 £9.600 £440 £440 £11.115 £134.169 £123.054 £159.38S xp Cost ol Goods Sold Costs ol Food sales Kitchen eouipment AV equipment Bad debt5 Craft supplies Cleanin8 CommLtnicattons and IT £1.678 £15.671 El,263 É1.678 £15,671 El.263 £286 £140 £25 £1,346 £2,S85 £750 £18.678 £3,916 £286 £140 £25 £1.346 £2,585 É2.615 £2,671 £302 £853 £2.ty)0 PPE Rent and service charge Software staff arid VOL expenses Ofli¢e MarketinpJPrinrin8 Bank charge5 Depreciation Expense Insurance Expense Licences, Subs Professional Fees Accounting Site Maintenance Horricultural supplie5 5tafh.ng costs Tutors A4ATutor Utilities Total Expenses Net Income Ello £110 E2,000 £306 £253 £243 Eo £290 £2,OCQ £31 £253 243 £0 £290 E240 El,663 E516 £750 £165 E3.958 £823 £994 £384 £319 £3,109 £1.066 E3.660 £230 E7.762 £240 £1.663 £516 £750 E16S £5,106 £1.148 £86.694 £2,030 £86.694 £2,030 E300 £8,468 £9.716 £1.869 £132,127 £150,885 £9.246 2.042 £8,500 E83,670 £6.469 £3 £8.468 £130.258 -£7.204
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Bacu Consortium Trust: 2o218ANc Notes 2020 Total Fixed Asse £960 rent Assets .11 Cash at bank and in £69 714 al Debtor5 £10 086 n5urance Items f 36- £0 ck rotal Current assets £81 193 rrent Llabilities ,ditors and Deferred Income £14 642 t Current Assets less t liabilitie5 £66 551 tal assets less current bilities £67 511 SERVES , RestrictÈ .Funds Gener Funds 11471iince Brou ht forward £67 511. £67 511 otit for the ear Total for the Year £60 307 £69 553
The Bacup Consortium Trust {a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 The directors are sats"sfied that the company is entitled to exemption under Section 477 of the Companie5 Act 2006 and that no member or members have requested an audit pursuant to section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies re8ime. These accounts were approved by the directors and authorised for issue and are signed on their behalf by.. Benjamin Millward- Chair Date December 2021
The Bacup Consortium Trust la company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Notes to the Accounts for the year ending 31 March 2021 Accounting policies The hnancial statements have been prepared under the historical cost basis of accounting and comply with the current Siatement of Recommended Practice ISORP FRSSE effectr.ve l January 20151. Funds Unrestricted funds are those available lor use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected lo restrictions on their expenditure imposed by the grantor, in this case Tudor Trust, Lanca5hire County Council, Clinical Commissionin8 Group and Christ Church PPC. Incoming resources Grant income is recognised when receivable and the company earns the right to ¢on5ideration by its performance. Income from trading activities Income from trading actr"vibes arise5 fiom amounts received for use of the company's buildings and other facilities, retail sales and cafe packages. Resources expended All expenditure is accounted For when incurred. Direct charitable expenditure includes the direct costs of the activities and depreciation on related assets. Fixed Assets Fixed a55ets are included ai cost,. Ihere are no uncapitalised h'xed a55ets. Depreciation Depreciation ha5 been provided at the following rates in order to write off the assets over their estimated useful lives. Office equSpmeni Fixtures and Fittings 25% on written down value 25% on written down value Pensions The company operates a delined contribution pension scheme. Coniriburions are charged to the prolil and Ios5 accounl as they become payable in occordance with the rules of the scheffle. Notes to the Accounts for the year ending 31 March 2021 cont'd Operating Profit 2021 2020 This is stated after char8ing depreciatin of owned fixed a55etS 240 319
The Bacup Consortium Trust (a company limited by guarantee and a registered charity) Company registration number 05097958 Directors, Report and Accounts for the Year Ended 31 March 2021 Employees Wa8es and salaries Nl Costs 78802 75,803 5169 5,259 Pension Costs 2723 2.608 86694 83670 The company took advantage of the Goverrbment's Employment Grar)t of £4000 lo offset Social security Costs Corporation tax There is no liability to corporarion tax due to the charitoble stotus of the company Tangible Fixed Assets Net Book Value Office 360 480 Plant 360 480 720 960 Creditors and deferred income due within l year Trade creditors and social security costs 9867 14642