Bacon's
College
Community
Services
Limited
Annual Report and Finan¢lal
Statements
31 August 2022
Comp8ny Llmiled by Guaranlee
Regislralion Numbèr
05321174 (England and Wale51
ChaiSly Regislralk)n Number

Content$
Reports
Reference and administrative details
DiTectors' report
Independent auditor's report
9-11
Financial statements
Slalement of financial activities
12
Balance sheet
13
Principal accounting policies
14-17
Notès lo the financial slalemenls
18-23
Bacons College Community SeNices Limited

Reference and administrative details
Directors
Sir Jon Coles
Suzanne Johnston
Anna Paige
Leadershlp Team
Mick Hassett
Tanya W11kings
Company secretsry
Alison Hussain
Registered office
CIO United Learning
Worldwide House
Thorpe Wood
Pelerborough
PE3 6SB
Company reglstration number
05321174 (England and Wale51
Charlly registration number
1111158
Auditor
Buzza¢ott LLP
130 Wood Street
London
EC2V 6DL
Bankers
National Weslminsler Bank plc
PO Box 9765
201 Tooley Street
London
SE12ZH
Bacon's College Community Services Limited

Directors, report Year lo 31 August 2022
The board of Directors prosenl their slalulory report together with the financial slalemenls of
Bacons College Community Services Limited l.the Charitable Company'l or I'BCCS Ltd")
for the year ended 31 August 2022.
The report has been prepared in aceordan¢e with Part 8 of the Charities Act 2011 and
Constilules a Dire¢lors' report for the purpose of company legislation.
The financial slalemenls have been prepared in accordance with the accounting policies sel
out on pages 14 to 17 of the allached financial slalemenls and comply with the Charitable
Company's Memorandum and Articles of Association, applicable laws and the requirements
of A¢counling and Reporting by Charities.. Slalement of Recommended Practice applicable
lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland IFRS 102) effective from
accounting periods commencing 1 January 2015 or later.
SPECIFIC OBJECTIVES
Charitabl8 alms and specific objectives
The objeclwes of Bacon's College Community Services Limited, as slated in the
hRemoiandum of Association, are to provide or assist in the provision of facilities in the
interests of social welfare for recreation or other leisure lime occupation of individuals who
have need of such facilities by reason of their youth, age, inlirmily or disability, financial
hardship or social circumstances with the object of improving their Conditions of life.
The overall aim of the Charitable Company is lo provide sporting facilities to the local
community for recreational use on Mellish Fields which adjoins Bacon's Colleoe.
Public benefit
In setting the objectives and planning activities for the Charitable Company, the Directors
have given careful consideration lo the Charity Commission's general guidance on public
benefi't.
ACTIVITIES. ACHIEVEMENTS AND PERFORMANCE
The main purpose of the Charitable Company remains that of making sporting facilities
available for community use as widely as possible. The ¢onlinued absen￿ of COVID-19
related restrictions and a return lo norrnal customer behaviours, alongside a greater
awareness of the Charitable Company's facilities through a targeted rnark&ling approach, is
expected lo lead lo increased usage and turnover in future years.
Bacon's College Community Services Limited

Directors, report Year to 31 August 2022
FINANCIAL REVIEW
Results for the year
The results for the year are shown on page 12.
Total income for the year was £167,18312021 £65.405) and has increased primarily due lo
the absence of COVID-19 reL41ed restrictions and a return lo normal customer behaviours.
Total expenditure for the year amounted to £178.823 {2021 £183,335}. This included
charitable activities of £169,009 {2021 £173,5211 and loan servicing costs of £9,814 {2021
£9.8141.
The nel movement in funds for the year was a deficit of £11,64012021 £117,930 deficill.
Financial position
The balance sheet shows lolal funds of £389,388 12021 £401.0281, of which £217,430
12021 £229,070) related lo the general fund and £171,958 12021 £171.9581 to a
designated fund Inole 11}.
Reserves policy and going concern assessment
11 has been agreed that the sinking fund should Cover the future replacement of the ATP
football pitch surfaces in line with the terms ol the Football Foundation's funding agreement.
11 has also been agreed that free resetves should be the equivalent of three months of
planned expenditure for the subsequent year, excluding depreciation. This approximates lo
£23,000. As al 31 August 2022, the Charitable Company's general fund balanco was
£217,430 and free reserves were £64,819 after excluding tangible fixed assets and C￿ditorS
due after more than one year.
In order lo increase free reserves. the Charitable Company has successfully launched a
new website which has raised the number of enquiries into the services offered and seen an
improved uptake during the year. Marketing through social media has begun in earnest and
is supported by the marketing resources of United Learning Trust. Embracing the marketing
strategy and embedding il into the business is one of the key objeclwes for the BCCS
leadership team and these 8clivi(ies are expected to increase the demand for services in the
future. Furthermore. after four years of slalic prices, pitch lelling fees were raised following
a full benchmarking exercise lo reflect market rale more a¢curale5y. The future intention is
lo raise prices year on year in line with inflation. 11 is also hoped that the year lo 31 August
2023 will see the refurbishment of the 3G 11-a-side pitch lo maintain il in line with FA
required standards., this will allow BCCS to raise prices further as the quality of the pitch will
be enhanced and as a unwue asset with no significant competitors in the locality, il will
maintain ils advantage thus securing greater income in future years. Prices will however be
maintained al as fair a rale as possible lo ensure high levels of continued local community
use. The BCCS leadership team intend lo build further links within Southwark Council with
a view lo researching potential funding opportunbties for the refurbishment of the two smaller
pitches in future years.
Bacon's College Community Services Limited

Directors, report Year lo 31 August 2022
FINANCIAL REVIEW Iconlinued)
Reserves policy and going concern assessment lconlinuedl
United Learning Trust have provided assurance that they will not demand repayment of the
loan lo the Charitable Company and the inlercompany balance al year end until there are
sufficient fi'nancial resources lo make the repayment.
Based on the above, the Directors believe that the Charitable Company is a going con￿rn
for al least 12 months from the dale of approval of these financial slalemenls.
GOVERNANCE, STRUCTURE AND MANAGEMENT
Constitution
Bacon's College Community Services Limited is a company limited by guarantee (Company
No. 053211741 and a UK registered charity (Charity No. 11111581. The Company was
incorporated on 24 December 2004 and registered as a charity with the Charity Commission
on 2 September 2005.
Members, liablllty
In the event of the Charitable Company being wound up, members are required to
contribute an amount not exceeding £1.
Governance
Directors are appointed by ordinary resolution in a general meeting or by other Directors.
The Articles of Association of the Charitable Company require a minimum of two Directors
lo be in office al any lime {Ihe maximum number of Directors is up lo 251. One third of the
Directors retire by rolalion al the annual general meeting and. if eligible. may be re-
appointed.
On agreeing lo become a Director of the Charf(able Company, the Directors are thoroughly
briefed by their co-Direclors on the history of the Charitable Company, the day-lo-day
management, the responsibilities of the Direclois. the current objectives and future plans.
The Dire¢lors are also encouraged lo allerbd any courses which they feel are relevant lo the
devolopmenl of their rote, and lo keep up-lo-dale on any changes in legislation.
The names of the Directors who served during the year are sel out as part of the reference
and adminislralive details on page 1.
None of the Directors received any remuneration from the Charitable Company during the
year.
Structur& and management reporting
The Directors are ultimately responsible for the policies, a¢lNilies and assets of the
Charitable Company. When necessary, the Directors seek advice and support from the
Charitable Company's professional advisers including ils solicitors, bankers and
accounlanls.
The personnel al Bacon's College administer payments and keep the accounting records of
the Charitable Company.
Bacon's College Community Services Limited

Directors. report Year to 31 August 2022
GOVERNANCE, STRUCTURE AND MANAGEMENT (continued)
Relationships with other organisatlons
Bacon's College is part of United Learning Trust, an exempt charity and a Company limited
by guarantee (Company No. 04439859}. The principle object of the College is lo provide
education for children of dilferenl abilities between the ages of 11 and 19. within a Church of
England ethos and with an emphasis on digital media and technology.
The College sel up Bacon's College Community Service8 Limited in order lo develop Mellish
Fields (which adjoins ils own property) for recreational facilities for the local community.
Mellish Fields is owned by the London Borough of Soulhwark and is leased lo the
Charitable Company.
The Chief Executive Officer and two senior management personnel of the United Learning
Group serve as Directors of Bacon's College Community Services Limited.
The day-lo-day financial administration ol the Charitable Company is carried out by the
employees of United Learning Trust.
Risk management
The Directors have assessed the major risks lo which the Charitable Company is exposed
lo. The Directors believe that by monitoring reserve levels, by ensuring controls exist over
key financial systems, and by examining the operational and business risks faced by the
Charitable Company, they have established effective systems lo miligale those risks.
The Directors consider the key risk facing the Charitable Company lo be..
• Competition - The City of London Academy offers a similar service in the area. This is
just two miles away. BCCS Ltd could face strong competition due lo pricing or lack of
availability of pitches for hire. Our prI￿S have been benchmarked against the local
competition and they are comparable.
• COVID 19 - Even though the restrictions imposed during the lock down periods have
now ended and the public are again able to use outdoor sports fa¢ililies, there is a risk
that a fuluie period of lock down will have a negative impact on the operations of the
Charf(able Company, particularly in terms of booking levels. Management consider that
the likelihood of future lockdowns is now low and also the Charitable Company has
adequate reserves to cover a shortfall in income and will continue to keep this under
review.
Key management personnel
The Directors consider that they together with the Operations Manager, the Facilities
Manager and the Executive Business Manager of Bacon's College comprise the key
management personnel of the Charitable Company in ¢harge of directing and controlling,
running and operating the Charitable Company on a day lo day basis. Details of
remuneration lo key management personnel are included within note 5.
Bacon's College Community Services Limited

Directors, report Year lo 31 August 2022
FUTURE PLANS
The BCCS leadership team intend to build further links within Southwark Council with a view
lo researching potential funding opportunities for the ￿fU[biShrnen1 of the two smaller
pitches in future years as well as lo create even more secure networks with local FA football
clubs across all ages. The BCCS leadership team hopes lo open up the grass pitches lo
cricket more effectively in future and encourage a greater variety of sports on the differing
pitches lo increase income generation outside of typical football playing hours. Marketing
will continue lo be a priority arid links will be sought with local companies lo encourage the
hire of the pitches for team building and adult group sports. An improved online booking
system allowing for hire lo be booked more quickly and easily is lo be explored with a view
lo maximising lellings and reducing gaps between hires.
COVID-19
After making apprtspriale enquiries, including full consideration of the impact of the COVID-
19 pandemic and the current economic climate, the Directors have a reasonable
expectation that the Charitable Company has adequate resources lo continue in opeiational
existen￿ for the foreseeable future.
The Directors acknowledge and recognise the potential impact of such scenarios on the
future operations Dt the Charitable Company, ils beneficiaries, partners and stakeholders
and on wider SD¢i8ly. The Charitable Company may lose planned income as the result of
any future limitations on people allending group sporting activities, although there may be
some expenditure savings also. 11 is not anticipated al the curienl lime that the overall
financial position of the Charitable Company will be adversely affected, or its financial
solvency threatened by such events.
As mentioned on page 4, the Dire¢tors have received assurance that United Learning Trust
will not demand repayment of the loan lo the Charitable Company and the inleicompany
balance due al year end until there are sufficient financial resources lo make the repayment.
Bacon's College Community Services Limited

Directors, report Year lo 31 August 2022
STATEMENT OF DIRECTORS. RESPONSIBILSTIES
The Directors (who are also trustees of Bacon's College Community Services Limited for the
purposes of charity lawl are responsible for preparing the Directors, report and financial
statements in accordance with applicable law and Uniled Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Praclicel.
Company law requires the DireclDrs lo prepare financial statements for each financial year
which give a true and fair view of the slate of affairs of the Charitable Company and of the
income and expendilurg of the Charitable Company for that period. Under company law the
Directors musl not approve the financial statements unless they are satisfied that they give
a true and fair view of the slate of affairs of the Charitable Company and of the income and
expenditure of the Charitable Company for that period.
In preparing these financial statements, the Directors are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of Accounting and Reporting by Charities..
Slalement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable lo the United Kingdom and
Republi¢ of Ireland IFRS 102}',
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable United Kingdom Accounting Standards have been followed,
subject lo any material departures disclosed and oxplained in the financial statements..
and
• prepare the fi'n8n¢ial slalemenls on the going concern basis unless il is inappropriatè lo
presume that the Charitable Company will continue in operation.
The Directors are responsible lor keeping adequate accounting records that disclose with
reasonable accuracy al any time the financial posilK)n of the Charf(able Company and
enable them lo ensure that the financial slalemenls comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the Charitable Company and
hence for taking reasonabk steps for the prevention and det￿tion of fraud and other
irregularities.
Each of the Directors confirms that..
so fai as the Director is aware, there is no relevant audit information of which the
Charitable Company s auditor is unaware., and
+ the Director has taken all the steps that helshe ought to have taken as 8 Director in
order lo make himselflherself aware of any relevant audit information and lo establish
that the Charitable Company's auditor is aware of that irbfDrmalion.
Bacon's College Community Services Limited

Directors, report Year ID 31 August 2022
STATEMENT OF DIRECTORS, RESPONSIBILITIES Iconlinued)
Statement as to dlsclosure to our auditors
This confirmation is given and should be inlerpieled in accordance wrth the provisions of
s418 of the Companies Act 2008.
Approved by the Directors and signed on their behaff by=
Louise Johnston
Approved by the Directors on..
Bacon's College Community Services Limited

Independent auditor's report Year lo 31 August 2022
Indepèndènt auditor's report to the members of Bacon's College Communlty SeNices
Limited
Opinion
We have audited the financial statements of Bacon's College Community Services Limited
Ilhe 'Chaiilable Company'l for the year ended 31 August 2022 which comprise the
statement of financial aclivilies. the balance sheet and notes lo the financial statements,
including a summary of significant accounting policies. The financial reporting framework
that has been applied in their preparation is appI￿able law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted
Accounting PrBclicel.
In our opinion, the financial slalemenls..
• give a true and fair view of the slate of the Charitable Company's affairs as at 31 August
2022 and of its income and expenditure for the year then ended".
• have been proper￿ prepared in accordance with United Kingdom Generally Accepted
Accounting Pra¢lice', and
• have been prepared in accordance with the requirements of the Companies Act2006.
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing {UKI (ISAS
IUKII and applicable law. Our responsibil&ties under those standards are further described in
the Auditor's responsibilities for the audit of the financial slalemenls section of our report. W&
are independent of the Charitable Company in accordance with the ethical requirements that
are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate lo provide a basis for our opinion.
Concluslons relating to going concern
We have nothing to report in rospecl of the following mallers in relation lo which the ISAS
IUKI require us lo report lo you where..
• the Directors, use of the going concern basis of accounting in the preparation of the
financial slalemenls is not appropriate,. or
• the Directors have not disck)sed in the financial statements any identified material
uncertainties that may cast significant doubl about the Charitable Company's ability to
continue lo adopt the going Concern basis of accounting for a peiiod of at least twelve
months from the dale when the financial slalemenls aTe aulhorised for issue.
Bacon's College Community Services Limited

Independent auditor's report Year lo 31 August 2022
Other informatlon
The Directors are responsible for the other information. The other information comprises the
information included in the annual report other than the financial statements and our
auditor's report Ihereon. Our opinion on the financial statements does not cover the other
information and, except lo the exlent otherwise explicitly slated in our report. we do not
express any form of assurance conclusion Ihereon.
In connection with our audit of the financial slalemenls, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially
inconsislenl with the financial slalemenls or our knowledge obtained in the audit or
otherwise appears lo be materially misslaled If we identify such material inconsislencieg or
apparent material misslalemenls, we are required lo determine whether there is a material
misslalemenl in the financial statements or a material misslalemenl of the other information.
If, based on the work we have performed, we conclude that there is a material misslalemenl
of this other information, we are required lo report that fact.
We have nothing lo report in this regard.
Opinion5 on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the eourse of the audit..
+ the infomalion given in the Directors, report for the financpal year for whi¢h the financial
slalements are prepared is consislenl with the financial slalemenls.. and
• the Directors. report has been prepared in accordance with applicable legal
requirements.
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the Charitable Company and ils
environment obtained in the course of the audit. we have not identified material
misslalemenls in the Directors, report.
We have nothing to report in respect of the folk)wing matters in relation to which the
Companies Act 2006 requires us lo report lo you if, in our opinion..
adequate accounting records have not been kept., or
• the financial statements are not in agreement with the accounting records., or
certain disclosures of Directors, remuneration specIf￿d by law are not made,. or
we have not received all the information and explanations we require for our audit.
Bacon's College Community Services Limited 10

Independent auditor's report Year lo 31 August 2022
Responsibilities of Directors
As explained more fully in the Directors. responsibilities statement. the Directors are
responsible for the preparation of the financial statements and for being satisfied that they
give a true and fair view, and for such internal control as the Directors determine is
necessary lo enable the preparation of financial slalemenls that are free from material
misslalemenl, whether due lo fraud or error.
In preparing the financial stalemenls, the Directors are responsible for assessing the
Charitable Company's ability lo continue as a going concern, disclosing, as applicable,
mallers related lo going concern and using the going Concern basis of accounting unless
the Directors either intend lo ITquidale the Chartiable Company or lo cease operations. or
have no realistic altemalive but to do so.
Auditor's responsibilities for th8 audit of the financial statements
Our objectives are to obtain reasonable assuran￿ about whether the financial slalemenls
as a whole are free from material mi8slalemenl, whether due lo fraud or error, and to iSSLJe
an auditor's report that includes our opinion. Reasonable assurance is a high level of
assurance, bul is not a guarantee that an audit conducted in accordance wilh ISAS IUKI will
always delecl 8 material misslalement when il exists. Misstatements can arise from fraud or
error and are considered material if. individually or in the aggregate, they could reasonably
be gxpecled to influence the economic decisions of users taken on the basis of these
financialslalements.
A further description of our responsibilities lor the audit of the financial slalemenls is located
on the Financial Reporting Council's website at ww.frc.org.uklaudilorsresponsibilities. This
description forms part of our auditor's Teport.
Use of this report
This report is made solely to the Charitable Company's members, as a Ix)dy. in accordan
with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken
so that we might slate to the Charitable Company's members those mallers we are required
lo state lo them in an audilorfs report and for no other purpose. To the fullest exlenl
permilled by law, we do not accept or assume responsibility lo anyone other than the
Charitable Company and the Charitable Company's members as a k)ody, for our audit work.
for this report, or for the opinions we have fotmed.
Shachi Blakemore (Senior Slalulory Auditor)
For and on behaSf of Buzzacoll LLP, Slalutory Auditor
130 Wood Street
London
EC2V 6DL
Date.. 12 May 2023
Bacon's College Community Services Limited 11

statement of financial activities Yeai lo 31 August 2022
Unrestricted funds
Total
2022
Total
2021
Notes
Incomè from..
Interest re￿1V￿bIe
Charitable activities
Totsl Income
105
167,078
167,183
17
65.388
65,405
Exp8ndltura on:
Charitable activities
Other
Total expenditurè
169,009
9,814
178,823
173.521
9,814
183,335
N8t oxpendlture and not
movement In funds
111,6401 1117,9301
Reconclllatlon of funds
Fund balances at 1 September
401.028
518,958
Fund balan￿$ al 31 August
389,388
401,028
All of the Charitable Company's aelivilies derThied from continuing operations during the
above two financial periods.
The￿ was no other comprehensive income for 202212021-. £nill.
Bacon's College Community Services Limited 12

Balance sheet As at 31 August 2022
2022
2022
2021
2021
Notes
Fixed assets
Tangible assets
7 1,017,521
1,094,942
Current assats
Dèbtors
Cash at bank and in hand
31.819
253,704
285,623
28.589
174,863
203,452
Cr&ditor5'. amounts falling due
wiihln one year
Net current assèt6
148,7461
151,4391
236,777
1,254,298
152,013
1,246,955
Creditors. amounts f811ing due
after more than one year
Total net a¥$8ts
10
1884,9101
389,388
1845,g271
401,028
The funds of the Charity..
Funds and reserves
Unreslri¢18d funds
General fund
. Designated fund
Total fund8
217,430
171.958
389,388
229,070
171,958
401,028
Approved by the Directors
and signed on their behalf by..
Director
Louise Johnston
Approvedon.. 2E>23
Company RegislTation Number.. 05321174 (England and Wales).
Bacon's College Community Services Limited 13

Principal accounting policies Year to 31 August 2022
The princSpal accounting policies adopted, judgements and key sources of eslimalion
uncertainly in the prepsralion of the financial statements are laid out below.
Basis of preparation
Thesè financial statements have been prepared for the year lo 31 August 2022 and are
rounded to the nearest pound.
The financial statements have been prepared under the historical cost convention with
items recognised al wsl or transaction value unless otherwise slated in the relevant
accounting poI￿leY below or the notes lo these financial slalemenls.
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in
the United Kingdom and Republic of Ireland IFRS 1021 ICh81ilies SORP FRS 1021, the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and
the Chaiilies Act 2011. The Charitable Company conslilules a public benefit entity as
defined by FRS 102.
Critical accounting estimates and areas of ludgement
Preparation of the financial slalemenls requires the Directors lo make signilicarbt
judgements and eslimales.
The items in the financial statements where these judgements and eslimales have been
made include eslimaling the useful economic life of tangible fixed assets.
Assessment of going concern
The Directors have assessed whether the use of the going concern assumption is
appropriate in preparing these financial slalemenls. The Directors have made this
assessment in respect lo a period of one year from the dale of approval of these financial
slalemenls.
The Directors have received assurance that United Learning Trust will not demand
repayment of the loan lo the Charitable Company and the intercompany balance due at
year end until there are sufficient financial resources lo make the repayment. The
Directors of the Charitable Company have concluded that there are no material
Un￿rtaInlieS related lo events or conditions that may cast significant doubl on the ability of
the Charitable Company lo continue as a going concern. The Directors are of the opinion
that the Charitable Company will have sufficient resources lo meet its liabilities as they fall
due.
Bacon's College Community Services Limited 14

Principal accounting policies Year lo 31 August 2022
Income recognition
Income is recognised in the period in which the Charitable Company has enlillemenl lo the
income, the amount of income can be measured reliably and il is probable that the income
will be received.
Income comprises donations, investment income and income from the provision of
recreational facilities.
Donations received are recognised when the Charitable Company has confimialion of
both the amount and selllemenl dale. In the event of donations pledged bul not received,
the amount is a￿rUed for where the receipt is considered probable. In the event that a
donation is subject lo conditions that require a level of performan￿ before the Charitable
Company is enlilled lo the funds, the income is deferred and not re¢ognised until either
those conditions are fully mel, or the fulfilment of those conditions is wholly within the
control ol the Charitable Company and it is probable that those conditions will be fulfilled in
the reporting period.
Interest on funds held on deposit is included when receivable and the amount Can be
measured reliably by the Charbtable Company.. this is normally upon nolificalion of the
interest paid or payable by the bank.
Irbcome from the provision of recreational facili(ies is credited on an accruals basis.
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or conslruclive
obligation commilling the Charitable Company lo make a payment lo a third paty. it is
probable that a transfer of economic benefits will be requlred in selllemenl and the amount
of the obligation can be measured reliably.
All expenditure is accounted for on an accruals b89is. Expenditure comprises direct ¢osls
and support costs. All expenses, including support costs, are allocated or apportioned lo
the applicable expenditure headings. The classification belwettn activities is as follDWS'.
• Expenditure on charitable activities includes all costs associated with furthering the
charitable purposes of Ihe Charitable Company. Such costs include staff costs and
property expenditure.
Other expenditure comprises of interest payable.
All expenditure is slated exclusive of VAT, which is recovered.
Financial instruments
The Charitable Company only has financial assets and financial liabilities of a kind that
qualify as basic financial inslrumenls. Basic financial instruments are inilially recognised al
Iransaclion value and subsequently measured al their selll&menl value.
Bacon's College Community se￿ices Limited 15

Principal accounting policies Year lo 31 August 2022
Debtors
Debtors are recognised al their selllemenl amount. less any provision for non-
recoverability. Prepayments are valued at the amount prepaid. They have been
discounted lo the present value of the future cash receipt where such discounting is
material.
Cash at bank and in hand
Cash al bank and in hand represents such accounts and instruments that are available on
demand or have a maluiity of less than three months from the dale of acquisition.
Credltors and provisions
Creditors and provisions are recognised when there is an obligation at the balance sheet
date as a resu￿ of a past event, il is probable that a transfer of economic beneff( will be
required in setllemenl, and the amount of the settlement can be eslimaled reliably.
Creditors and provisions are recognised at the amount the Charitable Company
anlicipales il will pay lo sellle the debt. They have been discounted lo the present value of
the future cash payment where such discounting is material.
Fund accountlng
Unreslricled funds represent those rmnies which are freely available for application
towards achieving any charitable purpose that falls within the Charitable Company's
charitable 04ecls.
Designated funds comprise monies sel aside out of unrestricted funds for specific future
purposes or projects.
Tangible fixed assets
Tangible fixed assets comprise expenditure on the development of Mellish Fields, the
costs incurred in relation lo &¢quiring a 60 year lease for the sile, and fixtures and fillings.
All assets costing more than £500 are capilalised and are carried al cost, net of
depreciation and any provision for impairment.
Tangible fixed assets are wrillen off over their estimated useful lives on the following
basis.,
Leasehold costs
Life of the lease
+ Building costs
2.kn straight line
Grass and ATP pitches
Over 15 years slraighl line
+ Fixtures and fillings
25Qkn slraighl line
Leases
Rentals applicable to operating leases where subslanlialSy all of the benefits and risks of
ownership remain with the lessor are charged lo the slalemenl of financial activities on a
slraight-line basis over the lease term,
Bacon's College Community Services Limited 16

Princlpal accounting policies Year lo 31 August 2022
Statement of cash flows
The disclosure exemptions permitted by Update Bulletin 101 the Charities SORP FRS 102
have been taken advantage of in these financial slalemenls and a statement of cash flows
has not been prepared.
Bacon's College Community Services Limited 17

Notes to the flnancial statements 31 August 2022
Income from charitable activitles
2022
2021
Provlsion of recr8ational facilities..
Mellish Fi61ds ATP Football Pitch111 a-side)
Mellish Fields ATP Football Pitch15 a-sidel
Grass Pitch hire111 a-gdel
Grass Prtch hire17 a-side)
Cl85s Room hire
139,462
9,495
13.977
3,944
200
167,078
53,027
3,750
8.453
158
85,388
2 Expenditure on charitable activitles
2022
2021
Occupancy costs
Maintenanee costs
Depreualion charges (note 71
Other costs
88nk charges
Govern8n￿ costs
26,344
41,477
77,421
9.963
3,154
10,850
169,009
30,125
49,471
77,421
12,067
1,237
3,200
173,521
3 Other
2022
2021
Interest on 108n bal8ncÉ from Bacon's College Inote 121
Bacon's College Community Services Limited 18

Notes to the financial statements 31 August 2022
4 Ngt movement in funds
This is slated after charging..
2022
2021
Depreciation
Audilorfs ￿mUnerat￿)n
77,421
10.650
77,421
3,200
S Staff costs and Directors, remuneration
Staff costs during the current year and prior year havè been borne by United Learning
Trust including that of key management personnel.
The Directors consider that they together with the Facilitie5 Manager, the Operations
Manager and the Executive Business Manager Df Bacon's College comprise the key
management personnel of the Charitable Company in charge of directing and controlling,
running and operating the Charitable Company on a day lo day basis. The lolal costs
incurred by the Company during the year in respect of the remuneration of key
management personnel was £nil 12021 £nill. None of the Directors received any
remuneration in respect of their serv￿eS during the year 12021 £nill. None of the
Directors were reimbursed for any expenses during the year12021- £nil).
6 Taxatlon
BCCS Ltd is a registered Charitable Company and therefore is not liable lo income tax Dr
corporation tax on income derived from ils charitable aclivilies. as il falls within the various
exemptions available lo registered charities.
Bacon's College Community Services Limited 19

Notes to the financial statements 31 August 2022
7 Tangible flxed assets
Mellish Fields Developrnent
Fixtu￿$,
Building Gr8ss and fittings and
costs ATP pitches equiprnent
Leasehold
costs
Total
Cost
Al I September 2021
At 31 August 2022
116,(K)5
116,(X15
988.993
988.993
994,106
994,106
11,821
11,821
2,110,925
2.110,925
Deprfrclatlon
At 1 September 2021
Charge for year
At 31 ALuusI 2022
28.304
1,933
28,237
257,￿7
19,780
276,847
720,791
55,708
776.499
11,821
1.015,983
77,421
1,093,404
11,821
Net book value
At 31 August 2022
At 31 August 2021
87,768
89.701
712.146
731.926
217,607
273,315
1,017,S21
1,094,942
8 Debtors
2022
2021
Trade debtors
Prepayment5
29,412
2,407
31,819
27.519
1,070
28,589
9 Creditors: amounts falling due wlthin one year
2022
2021
Trade credrtors
Accrijals
VAT payable
Amount due lo related undertakings (notè 121
23,063
7,428
4.261
13,994
48.746
20.679
7,192
5,734
17,834
51,439
10 Credltors: amounts falllng due after more than one year
2022
2021
Amount due to related undertakings (note 121
Sundry creditors
647,087
217,823
864.910
642.937
202,990
845,927
Bacon's College Community Services Limited 20

Notes to the financial statements 31 August 2022
11 Deslgnated fund
As8t1
Asat
September
Released 31 August
2021 designations
2022
Sinking fund
171,958
171,958
As8t7
Asat
Septemb8r
Relèased 31 August
2020 dosignalions
2027
Sinking fund
171,958
111,958
11 has been agreed that the sinking fund should cover the future replacement of the ATP
football pitch surfaces in line with the terms of the Football Foundation's funding
agreement.
Bacon's College Community Seivices Limited 21

Notes to the financial statements 31 August 2022
12 Related parties
On 1 March 2018 Bacon's College joined United Leaming Trust. an exempl charity and a
company limited by guarantee (Company No. 044398591. United Learning Trust manages
the operation ol a group of academies to provide education for students of different
abilities from nursery lo age 19.
BCCS Lld was sel up by Baeon's College in order lo develop Mellish Fields (which adjoins
ils own property) for recreational facilities for the local community. Mellish Fields is owned
by the London Borough of Soulhwark and is leased lo BCCS Ltd. United Learning Trust is
guarantor in respect lo the Mellish Fields lease between the London Borough of
Soulhwark and BCCS Ltd.
The Chief Executive Officer and two senior managemerbl personnel of United Learning
Trust served as Directors of BCCS Ltd during the year.
During the year, BCCS Ltd was charged loan interest of £9,814 by United Learning Trust
12021 £9,8f41. Al 3f August 2022. BCCS Ltd owed £647,087 to United Learning Trust
12021- £642,937).
Bacon's College Educational and Community Services Limited IBCECS Lldl (Company
No. 028132151 was the wholly owned trading subsidiary of Bacon's College. On 1 March
2018 the assets and liabilities of BCECS Ltd were ITansferred lo ULT Trading Company
Limited (Company No. 067913131. Two of the Directors of BCCS Ltd served as Directors
of ULT Trading Company Limited from 1 March 2018.
Al 31 August 2022. BCCS Ltd owed £13,994 to ULT Trading Company Limited (2021
£17,834).
13 Finance commitments
At 31 August 2022, tho lolal of the Charitable Company's future minimum lease payments
under non-cancellable operating leases for land were as follows..
2022
2021
Amoullts du8 within one year
Atnounts due b&theen one and five y88rs
Amounts due after five years
14,833
59,332
598.012
672,177
14,833
59,332
612.845
687,010
Bacon's College Community Services Limited 22

Notes to the f inancial statement$ 31 August 2022
14 Analysls of net assets between funds
Unrestricted fund
DesvJnated
fund
2022
Total
General fund
Tangible fixed assets
Net current assets
Creditors falling due more than one year
Net assets
1,017.521
64,819
1864,9101
217,430
1,017,521
236,777
1864,9101
389,388
171,958
171,￿8
unr&Str￿1￿d fund
Design8t8tl
fund
202?
Total
G8n&ral fund
Tangible fixecl assets
Net Gurrent 8ssels
c￿(lIf0rS falling due more than one ye8r
Nel assèts
1,094,942
{19,945)
(845,927)
229.070
1,094.942
152,f)13
(845,921)
401,028
ITt,958
171,958
15 Share capltal
The Charitable Company is limited by guarantee and has no share capital. Each member
of the Charitable Company guarantees lo subscribe such amount as may be required for
the purposes of the Charitable Company. not ex¢eeding £1.
Bacon's College Community Servi￿$ Limited 23