REGISTERED COMPANY NUMBEIL. 05708351 (Etsgjand aud W*]es) REGISTERED CHARITY NUMBER: 1114981 REPORT OF THE TRUSTEES AND UNAUDTfED FINANCIAL sfATEMENrs FOR THE YEAR ENDED 31 AUGusf 2022 FOR THE LUNCHBOWL NETWORK LIMED (LIMrrED BY GUAIL4NtEE)
THE LUNCIIBOWL NETWORK LIMrrED (LIMrfED BY GUAlIArrEE) CONTENIS OF THE FINANCIAL STATEMEKrs FOR THE ITAR EM)ED 31 AUGUST 2022 Report ofth¢ Thistees i to li IndepelldeDt EXaler,$ Ryrt 12 stst¢meDt ofFinanci%l Activits 13 St4tement 4bf Fillxnfi Positifj 14 to 15 Notes to the FiDancial Ststements 16 to 20 Detailed S¢4temeDt Of8£1%1 Aetivit*s 21
The LunGhlx)wl NetIrk TRUSTEES REPORT SEPTEMBER 2021- AUGUST 2022 This year the charty raised £240,851. This was an increase of £26,000 from the previous year. The charity is very grateful for the generosty and kindness of many indiwdual donors. churches, schools and Trusts. This dedicated grving continues to provKJe daily vital help, bringing lite and hope to those who are most in need. The aim of The Lunchbowl Network is always to seek and identify those in severe need, who live within the Kibera and Kwarangare. Nairobi. Kibera is the largest slum in sub Saharan Africa with an estimated populatr.on of l-1.5ffl people living in a densely populated and harsh environment. The charity responds to these profound di5advantsges by providing a series of actions,. daily wholesome nutrition combined with a stimulating education to a high standard in a safe learning environment. Educational Impatt: We provide a creative, quality education daily to 488 highly vulnerable children. Within the schoo15 we aim to meet the children's emotional. social and spiritual needs and aims to deliver the Kenyan syllabus in an interesting and creative manner. It is in stark contrnst to what would otherwise be available to any child from Kibera. The provision includes two Early Years Kindergartens. one is 5ttuated adjacent {IOOml to Kibera. The other Kindergarten, Primary school. Special Educational Needs facility I which includes a unit for the deaf l is located in Karen. The children are transported daily to Karen from Kibera.
All the schools follow the new CBC Kenyan curriculum and the teachers are selerted from some of the most reputable schools in Nairobi. Educational equipment is sourced from the UK. Our aim is to counteract their disadvantaged start in life and give them an opportunity to compete for secondary school places by developing literate and numerate children who will eventually be able to compete nationally for university places or vocational training. We believe that schools are a foundational platform for providing pathways out of extreme poverty. Our children are aged between 2- 14year5. All have experienced eitherthe death of one or both parents. serious illness of a parent. or if challenged with Special Educational Needs. Prior to being admitted into one of our Schools. many children yuld be Surviving on one bowl of porridge or less per day and will be in extreme need. Five out of sixteen classrooms have smart boards which has transformed the learning potential of the classes. New astroturfwas provided for one of the kindergartens by The Brother5 Trust and a sunshade was funded by the Sterry Family Foundation. The grass and Shade have transformed the outdoor play environment for the younger children and th05e with special needs allowing them space to run and roll in a clean and inviting place. The charity employs 43 Kenyans: a 31 teaching team and 12 support staff. These include specialist teachers for Sports. Art, English. Maths. Scien. Kiswahili. Social Studies. Special Educational Needs and Hearing Impairment.
• Sexual abuse and drug counselling for all children was provided late Ortober and before the long Christmas holiday. Safeguarding training is provided annually for every mernber of staff. At Christmas, every kindergarten child received a toy. Over 40 children from the St Nicholas Children Home, which is on the same stle as the GOCNJ Samartlan Primary School, attended the School. All of the children Irom the home were referred from Social SeNices due to their vulnerability- Every Thursday Artists for Africa, an American funded charity. spent the afternoon with each class in the Primary school. The children expenenced balleL African contemporary dance, drama and music. Integrated provision for children challenged wlth Special Educational Need5 SEN In the last year the children in the SEN class have increased from 6 to 19 children. A critical need was identified relating to children with Special Educational Needs ISENI. including those with profound hearing loss. Children with SEN and their caregivers constitute one of the most disadvantaged and isolated groups within the informal settlements. Many of the children with mobility and learning challenges were found locked alone or hidden away in their huts. all without any Stimulation or the meansto communicate. The quality of education and integrated learning forthe children with hearing impairment and Special Educational Needs is unique within Kenya in terms of quèlity provided and inclusion. All of the children from Kibera with SEN have been marginalised with no attemative educational provision. 5 mothers who have children with Special Educational needs are employed as assistants in the SEN cla55. The work provide5 the mothers with dignity and financial independence. The work gives these mothers the opportunity to work alongside other mothersfacing similar challenges and counteracts their social isolation and their children's isolation. Every weekthe children from the SEN class enjoy swimming at a local pool accompanied by their mothers, teaching team and a physiotherdpist. In addition a small group of children attend Riding for the Disabled every weekto enhance their core strength and mobility. Every day the children have acce55 to 1=1 physiotherapy.
Integrated provision for Hearing Impaired Children This year. the unit for hearing impaired increased to IS childn. All the children have been issued wtth post aural hearing aids and been tested to assess the degree and type of hearing loss. The cost of the hearing aids was covered by individual donors. None of the children had ceived a formal assessment prior to joining the unit. Every month the children attend an audiology clinic to maintain the function of their hearing aids. Every term the children from the unit benefit from a school trip. This year this has included a visit to Vtch Minions at the cinema and a visit to the Elephant orphanage. Both experiences were new to the children. The unit operates an integrated system with hearing peers for dance, PE and art. Every week the children from the unit also vi51t a local International school to join in with their afternoon curriculum. Both teachers in the unit are qualified to teach using Kenyan Sign Language. Every Saturday a Sign Language Support Group for parents of the deaf and children meets in one of the homes within Kibera. The purpose is to learn Kenyan Sign Language so that families can communicate together. In addition the group provides social support for mother5 Struggling to raise a deaf child. Up to 10 mothers and carers attend each week.
The Hearing Impaired children have benefitted from weekly Speech and Language Therapy sessions funded by The Brother5 Trust. In total, 488 children have been given a good quality education for children aged between two and fourteen years between. This Is as follows: 242 Kindergarten children 246 Primary children 15 Hearing Impaired - Profoundly Deaf children 19 Children with SEN Nutrition Since 2006. a Saturday Dinner programme has operated with our local team feeding up to 450 under 10 year olds. This fills an essential need to tackle hunger and malnutrition in the very young. According to the Kenya National Bureau of Statistics. Kenya Demogrnphic and Health Survey 2022 Many children under 5 years old are stunted or too short for their age. This is a sign of chronic undernutrition. Many children under age 5 are wasted (too thin for their height), which is a sign of acute undernutrition. Many children are a150 underweight, ortoo thin ft)rtheir age The pandemic closed the Saturday Dinner Programme for over one year. Once restriction eased the Saturday Dinner Programme reopened as a Saturday Take-away Programme in August 2021. Children began queuing at 8.00 a.m for the doors opening at 11.00 a.m. Children came with their own containers which were then filled with 3 hot lunch for them to eat at home as re5trichons did not allowfor them to gather and eat in the hall. A community team of 10 men and women cooked and served the food every Saturday.
This year. 42 families connected to the Lunchbowl Schoo15 received crisis home food pack5 every month. These families were in acute need. Every food pack lasted fortwo weeks and provided one meal each day for each family member. These families had up to 8 members. A food pack consists of maize flour, rice, Sugar and oil. The families benefitknng from the food packs were all connected to the Angel Kindergartens and the Good Samaritsn Primary School. They were selected due to severity of need. Totsls of Food Provision . Food pack meals thi5 year: 122,640 Saturday Dinner Programme hot dinners: 17.500 School breakfasts this year: 140,544 School lunches this year: 140,544 Tolal number ot meals provided per year: 421,228 Total per month: 35,102 Total per week: 8,775 Total per day: 1,253 Extreme Need Provision: On average three fires per month this year caused severe distress to families, losing both home and house contents. This year two main fires left 368 families homeless. Lunchbowl provided 31 crisis rent payments and basic household necessities to our families facing eviction or rehoming due to flood orfire destruttton.
The Lunchbowl Network Ltd and The Lunchbowl Network Kenya Ltd The Lunchbowl Network Ltd UK partners with The Lunchbowl Network Kenya Ltd. The Lunchbowl Network Kenya is incorporated and is a registered charitable Trust. The financial donation5 have been achieved from the following: UK VOLUNTEER TEAM Based in the UK. the team grve theirtime and energy to raise the profile and fvnds for The Lunchbowl Network. UK SCHOOLS Worfd Wellbeing Weekjune 2022- The Year of the Generou5 Glraffe In June 2022. many schools joined again for the Lunchbowl campaign during World Wellbeing Week called Yhe Year of the Generous Giraffe". This promotes to UK children how giving is an e55ential part of their own wellbeing. UK school children had the opportunity to buy a soapstone giraffe made in Kenya for £2.LK). wooip rrfEII6E1116 WEEI ?Ith Yuwf - Ift ytti GKaousGI&l1FEl In totsl, 18 sthoots have supported the charity this year. The donations rnnged between £180 and £2.1. Totsl donations: This ar £10.629 was raised through schools. Last year £19.IXXI was raised through schools. UK School Ambas5ador5: Thank you Selina Overy. Carolyn Green. Pauline Collins, Wendy Clow, Nicole Dyson, Jean Shipton, Heidi Gomes and Anna Kats Fuller for your wholehearted willingness, commitment and skills to tell the Lunchbowl story to school children. Thank you to the followin8 school communities and head teachers for the 8enerous support Eiven this year.. All Saints C of E Chesham Bois Primary Christ Church New Malden Coombe Hill New Malden Dundonald Primary Elmea Infants and Juniors Elswick Nursery Farlinglon School Fernhill School Furzedown Primary Handford School Merton Park Primary Poplar Primary Sherston Primary St Boneface C of E St Marys Telbury C of E St Peters Schi)ol Swaffield Primary
We a delighted to be Mission Partner5 with the followng churches who have remained highly supporhve: PCC All Saints, pcc st Leonards Church of England. Amersham. St Pauls Church of England. Kingston. Thank you to every church for your kind sllPPOrt. Totsl donations: £8.730. Bryan Gulness Trust: £ 6,0(Ki Eleanor Rathbone . £ 2,11(M Grace Trust: £ 1,000 Hugh Symons . £ 2,500 Pat Newman Memorial Trust: £ 1,6 Peter Stebbing Charity: £ 4,800 Souter Charitable Trust: £4.000 5terry Family Foundation: £ 3.0(M) The Tula Trust: £ 2,0 Totsl donations: £26,9(X). We are deeply grateful to Mandy Corrnack for her dedlcated time and energy applying to Trusts and Foundations on behalf of The Lunchbowl Network. A very special thank you to The Brother5 Trust for their kindness and commitment. This included covering the salary costs of 20 teachers and 15 Learning Support Assistants between between September 2021 and December 2021. In addition, the Brothers Trust funded: Astroturf at the Good Samaritsn,. Saturday Parent Sign Language classes. school trip5 for the hearing Impaired children to the cinema. Pallet Cafe and to the Elephant Orphanage- salary of a Speech and Language therapist and two teachers of the deaf. The Brothers Trust has funded 4 interdctional smart board5 too. Total donated: £59.588
EVENTS Thank you: Wendy Clow for running the Cotswolds ura challenge and raislng £ 1,803 Heike Pau150n for running the Royal London Parks and raising £ 546 LARGE DONATIONS 10 private donations ranging between £960 to £28,1Ml were recerved. We are very grdteful for every donation and respect the dIsCet manner in which these have been given. CHILDSPONSORSHIP 126 children were Sponsored in the two Lunchbowl schools by 87 sponsors. A total income of £33,960 was given. £1,680 of the income was given to buy ChrÉstmas presents. 12 children left the programme due to their families moving away from Nairobi. 2 new sponsors have joined The Lunchbowl Network this year to support children in the Angel Kindergartens and ACK Good Samarttan Primary school. 2 sponsors withdrew their support. MONTHLY DONORS 14 donors have given specifically for the provision of food. Total: £2.844. 9 donors have given specifically for general expenses for Angel Kindergarten and ACK Good Samaritsn. Total.. £7,208. 16 donors have given to General funds. Totsl- £4,507. I donors have given to the Extreme Need Fund ha5 provided. Totsl: £252. PAYPAL DONORS 10 donors gave to General funds- £1.811. 3 donors gave to the Saturday Food Programme: £804. We are so grateful to all our monthly donors and thild sponsors whether you are individuals, schools or churches. Your commitment to these wlnerable children is a vital part of our provlsion and very much appreciated. A Very Special Thanks: Our Volunteer Network: The dedl&ited core of the Lunchbowl team conslsts of Anna Kate FulleT, Jess Shadrach. Ellie Gomes. Carnilla Wright. April MCDe¥l Carolyn Green, Frnn Tuth), Heidi Gomes, Heike
Paulson, Helen Masters. Jean Shipton, Jenny Stuart. Mandy Cormack. Hannah McGteevy. Jess Brldgland, Nicole Dyson. Pauline Collins. Selina Overy* Sue Stears and Wendy Clow. The compassionate support and dedication of the whole Lunchbowl Team is highly valued. Each member has made a significant selfle55 impact in the furbdraising potential of the charity. Their compassionate concem and weekly interest from the team via WhatsApp is a SOU of much encouragement and support to the trustee5 of The Lunchbowl Network Kenya. Together, the team in Kenya and the UK are helping to bring hope and change to a desperate situation. The whole team is greatly appreciated. All of your wholehearted EenerosFty of heart time. energy and resources is deepty appreciated. A very Special thank you to Jenny Stuart for updatingthe website and to Jess Shadrack and Ellie Gome5 for creating online posters and developing our social media. Sue Stear5: The tharlty would Ilke to expre55 much gratitude to Sue Stears for her commitment, time and eneryi and not least her administrative and book keeping skills. Sue Stears tirelessly and thoughtfulty administrates all of the sponsorship progrdmme for the kinderyarten. wlmary and secondary school puplls. Her ftnancial expertise is hlY valued and apprectated. Finallyi thank you to: The Big Yellow Storage Company. We are always very grateful to The Big Yellow Storage Company for making it possible to store much of our event equipment and school resour$ for Kenya, including school shoes. Thank you very much. your support makes a big difference. Brit?sh A1rww- For always giving generous baggage allowan to transport donations and educational equipment. Lunchbowl Financial Management There are effective and appropriate financial and accounting systems in place. The is a segregation of responsibility such that all rnonie5 collected are counted by two designated individuals from the Lunchbowl Team. All donations are deposited into the bank by named regional team member5. All 84ft aid forms are maintained by Mandy Comiack. All documentation is kept in compliance with dats protection regulation5. Monthly book keeping, receipts. bank statements and reconciliations of all montes debited and credited to the bank account are maintained on a monthly basis by Sue Stears. Monthly book keeping is also processed and checked by our accountants. The Lunchbowl Network UK operates ¢ompletety on a voluntary basis and consequently over 98.9 pence of every £1 raised reaches and impacts the orphaned and vulnerable children. Reserves policy We currently have a no reserves policy. We focus on deploying funds as received for the uplifting of the poorest children. No trustee or volunteer receives any financial remuneration or henefft from the charity. All visitors to Lunchbowl Network Kenya are self-fvnded. 10
THE L[cHBOwL NETWORK LIMrrED ILIMITED BY GUARANfEE) REPORT OF THE TRUSTEKS FOR THE YEAR ENDED 31 AUGUST 21122 STRUCTURE, GOVE]ANCE AND MAIYAGEMENT GovernÉDg document Thc charity is Controlled by its governiag d(uMen¢ a of tru$4 and constittts a limtkd compw. limited by guarantee, as dfitl by th¢ Companies A 2(K)6. Risk DiaDagement The trustecs havc a duty to identify atMI review the risks ts) which the charity is exp)soJ atKI to ensure appropriate controls are in place toprovide re&knIC aga] fiaud alld em)r. The LI]ty has ¢ontinued its fimd taising a¢ijfyiii this yeAr. This h&s a dirfLt impact on the Iivr5 of the very young andyu]neIe chsldren for who]ll we Care. These are the extreme alxl often 5Utviving on one meal or less a day living in the Kibera. The utgellt needs ate ttjeir physical wellbeiDg in of ]r C5tIal nutritiofy ¢motiotllL wiai. spiritual at academic developmenL REFERENCE AND ADMINISTRATEVE DITAItS Registered Company number 05708351 {En¥ldtid aNI Wdi¥s) Reglstered Clwity Dumber 1114981 Restered office l Glebe Way Chesham Bois Arnershdm Burkinghamshire HP6 5ND Tru5tee5 Mr S D McGrffvy MTh' S M¢fjre¢vy Mts W Clow Miss H F Mc(ireevy Mts J J BridglaNI Dir¢¢tors Mr. S D McGreevy (Chairman) Mrs. S McGreevy Mrq. W Clnw Ms H F McGre Mrs J J BtidglandA¢cotJntani Aceountsnt ALuiiy Professional Ltd BSinesS Advisets alld Accouutants Fifth Floor I l Leadenhall Street London EC3V ILP 22.05.2023 Approved by order of ix)ard of OD........ 2nd sftgtd OD its1K1f by.. Mr5. S mcGr - Page 11
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LUNCHBOWL NETWORK LIMITED (REGISTERED NUMBEIL" 115708351) Ireporton the kncial ststements forthe yearended 31 Augvst2022 set00e$ 13- 21. This rwrt is made solely io the Directors of The Lunchbowl Network Lt¢ as a body. ID accord2nc¢ with regulations made wjder section 145 of the Charities Ad 2011 and Chartty SORP (frsse). My work has been undertaken so that I migbt stale io the Dircctors matters l r¢quired to state to them in Independent Examiner's report and for no other purpose. To the fullest extent pernitted by law, I do not accept or &8SLune responsibility io anyone other than. the chaTity and charitys director5 foTmy independent examinati WOTL forthis re¢ orforthe slatemeniI have gifft below. Respective responsibilttie5 of Directors alld IDdepe#dent Examitr As Charity dtrettor5 for the purposes of charity law, are r¢swnsible for the prqjardtion of the financial Stateents. The DIr[orS consider that an audiÉ i5 not required for this year under stIon 144(2) ol the Charitie5 Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied rnyself that the Cbatity is Dot subjxt to an audit wider company law and is eligible for independent examination. it is my regponsibilty to.. a) examine the accounts under section 145 of the 2011 ACL b) follow the procedures laid down in the genernl Direthions given by the Chartty Collunissioners under section 145(5Xb) of the 2011 Act; and ¢) state whether particular matters have Come to my attention. Ba515 of Independent Examitter's statsment My examination was caTried out in accordance wtth the general Directiot)s gtveD by the Charity Cornrnission. An examination includes a review of the accounting records kept by the Charity. and a COEDparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosutes in the accouDts and seeking explanations from you as Directors COE]ceTning any such matters. The procedures uudertakeD do not provide ali the evidence that would be required in an audiL and consequently no opinion is given as to whethertheaccoUntspresenta-e and fairview" andthe re)rtiS limitedtothose matters set oirt in the statementbelow. Independent Examiner'5 StaltmeDI In connection with my examination. no n]atter has come to tny attention: l} which gives me reasonable cause to believe that in rnateria] respect th¢ requsremeE a) io keep accounting records in accordance with SectioTh 130 of the Chariiies A and bl to PFepare accounts which accord with ihe accouftting re¢or&% complv with the &ccounting rcquirements of the Charities Act have not been mei; or 2) to which. in my opinion, attention should Ix thawn in order to enable a proper uttderstsnding of th¢ awHts to be reached. Charles Osei, Bsc (Hons). Msc. ACIE. AF& AT MCIPP Charles & AsSlate Ltd Unit I, Balfour Busin¢ss C¢ntre, 39)-392 High Roa Ilfgrd London IGI IBF Page 12
(LIMrrED BY GUARANTEE) STATEMEYT OF FINANCIAL AcrtvrrtEs IINCORPOIL4TtNG INCO1% AND EXPENDrrtlRE ACCOUNr) FOR THE YEAR ENDED 31 AUCUST 2022 2022 21121 Total funds Restiicted llds Note5 INCOME AND ENDowMEiYfs FROM Donations and legacies 235.170 2W51 214.504 EXPEf+lDJTURE Of4 RaisiThg funds Raising donation5 a[ Iwics 3A31 3A31 1789 3.431 3A31 2.789 Ch#ritable activities Cosi of ¢haritable 1vill¢S 2W19 S681 232,5(K) Total $681 235,289 NET INCOMFJ(EXPEL¥DTfuRE) (IS080) (20,785) RECONCII,IATION OF FUNDS Total funds bwught fotward 414 41450 63235 TOTAL Fuf4DS CARRIED FORWARD 27J70 27J70 42.450 CONTINUJNG OPERATIONS All income and exndine h&$ atisen COllliMg artivitie Page 13
THE LUNCHBOWL NETWORK LIMrrED (LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL posrrioN 31 AUGUST 21122 21122 2021 Total funds nd ds ttds FIXED ASSETS Tangible ats 5,852 CURRENT ASSETS Prepaynients alld accnsed income Cash at ballk 192 4.143 19295 143 23.692 12.906 36,598 CREDITORS Amounts falling due withiji one year {750) (750) NET CURRETrU ASSETS 21688 21688 36.598 TOTAL ASSETS CURRENT LIABILIT 27J70 27J711 42,450 NET ASSETS 27J70 27J7 42,450 FUNDS Unr¢stri¢ted funds 27J70 42.450 TOTAL FUNDS 27J70 42.450 The charitable COTtwy Is entitled to cxeTllpti(ffl from audit S&b"on 477 of the Companies Act 2(KJ6 for the year ended 31 August 2022. The rnrmbers have not required the compally to obtain audit of its fina181 swements for the year ended 31 August 2022 i accordance with Section 476 of the CL)mpllies Act 2(Mh. The t[teeS xknowledg¢ thejr restK>nsibilib&S for {a) ensuring that the charitsble colnpany keeps cOUnting res)xds that couply with *tions 386 a1 387 of the CompaTri&% Act 2(K)6 and PTeparing fjnanciai statements which give a true and fair view of the sthte of affairs of the t]ritable CoPanY as at the end of cach financial year alld of its swlus or deficit for each finaDcia] year in accord the requ]Ments of Sections 394 and 395 aDd wkn.ch vthcrwise COULply with the requireffleuts of the Cowies Act 2(K>6 relating to finon¢ial staternents.. so far as applicable to the charitable company. (b) P3ge 14
ILIMrrED BY GUARAI¥TEE) STATEMF.NT OF FIP4ANCIAL POSITION- ntinUed 31 AUGUST 2022 These finan¢ia] stateTneDts have been prerAred in accordance with the proj0S aN)licable to dlb]e cOIn¢S subject to the small companits regime. 22.05.2023 The stat¢ellts were approva by the Prf)ard of Tn and iwe on ............................................. and were 5igDed on tL8 beTrf by.. Mr S D M¢Gr¢evy- Truster Pa8e15
THE LUNCHBOITrI TWORK LIlTED {LtMITED BY GUARANfEE) P40TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUTrtrING POLICIFS BASIS OF PREPARING THE FINANCIAL STATEME]W13 The financia] statements of the thart(able tompatjy, whith is a public ivKfit entity under FRS 102, have be£n prepared in accordance wtth the Charities SORP {FRS 102) 'Accounttng and RertIng by Charities: Ststement of Re¢ommendtyJ Ptactice applicable to charittes preparing their a(x0U in the Finantia] Rqthtng Standanl appIlb]C in the UK atMI Republic of ItelaDd IFRS 102} leff]ve l January 20191., Financia] Rwrting Stsrtdard 102 Thr Firtan¢ial Reporting Standard applicable in the UK aTKI Rcplblic of trelard and thc Cfjnwi¢s A¢t 2(K)6. Tr fu]ancial stat¢mcnts The a¢counts prepared in sterling wFll"¢b ts the fimdithjal ¢WTen¢y ofthe company, TOW)ded to nearest Frf)und. GOING CONCERN The trusie&% believe thai are no mak[1 uncereS lated to events or condÈtions that may cast sigllificant doubt uwn the ¢harity's ability to (xJntinu¢ 2s a going Coern. COMPANY STATUS The company is iimiieAI by guardTr The Tnetnba5 arc tisted in the tn]sttrs [q tn the event of the company being wot]nd up, every n]ernF£r is liable to contribute a SU exc¢rd]Dg £10. The adthe&s of the regjsiered offi of the charity is given onpage I l. INCOME All incoming r£%ourccs aTe includwj in the Statrment of the Financial Activities when The Lutkthb)wl Netwo]k Limited legally entitted to the income atjd the amoutht can be quantifid with rea8otMble accuracy. Gifis iti kitid donaied for the distribution are inclth at valuation and Twised as ijwme when they arc disthliuted to tbe projects. Gifts donated for Tesale are inchmled as Tn¢oTne when a sol(L No 2mounts arc included Jn the firtan¢ial Statements for serrice5 doDated by Yolunreers. Intsngible TE[4 whith CoTnprl doned serviLZ% i8 incl in income at a valuation which is an e5timatr of the financial c05t knTne by the dortor whue a cost is qualltified alld measwabl& No income is recognised where thfflt is no fjnallcial cost borne by a thwd m. Incotne recoverdbie in latiOn donations rec¢ivtd under Gift Aid or deed% of ¢A)venant is recOlS£d at the lirne of the donation. Iniotnr (aA trwvrrnbl¢ in relatith) to invGstmGDt iTJCQUK is T¢¢ogttis¢d &t the time invcs(tncnt itKQrnC Y3 Ttr¢iYable. EI)ITuRE All expendille is a¢¢ouDted for all accMIS t*sis arKI h&8 IME ]ltled uTwJet ex Cawries that aggregate all $ts for allocation to activiti£s. where costs cannot d]rdY attnThuted to particlar a¢tivilies they have been a]l(Kated on a basis conststent with the we of the Tesouttts. Costs of the activities in fitttherance of cb8riWs objects &e those c(6ts Incurr directty for the filltherance of th¢ objects of The Lullchbowl Ne0{ Limitai Support Costs are those costs incued d]rllY ID wpp)rt of ewndittwe OR obits of the and inclu(k The Lun¢hlx)wl Network Limitrd project marwellt oul at the hcad office. TANGIBLE FLXED ASSETS DepreLiation is provided at tbe followitjg annual rates orderto off exb asset over its estitnated useful lif Computettquipmet Page16 continu1..
THE LUNCHBOWT NETWORK IIMITED ILIMrrED BY GUARANfEEI NOTES TO THE FINAF4CIAL STATEMENTS- ¢•ll1ined FOR THE YEAR EP4DED 31 AUGUST 2022 AccouTrrriNG POLICIES. eontiDued TAXATION The charity is exempt from CO10 tsxoD itschaTitsbleactivitie& FUND ACCOUNTING General fi]nds are unrestricted whtcb aff available for the use at the di5Ctelion of the In]stees in fi]rth¢rance of the general objecttve5 of The Lullcbbowl Netwo LIMI1 whi¢h have oot l*en dell"gllated for the otherpurw)scs. FINATrICtAL INSTRUMENTS The charity has elected to apply the wovi5iOD5 of secti I l Basic FiDancial Instrts. and Section 12 '0ther Fi]wJ¢ial I$t)ments Issues, of FRS 102 to all of its Itrts. Finawial it)stsiunents are l7£d in the chty balance when thc charity FKcorn paty to the contractt]al provisions of the instrument Financial assets aThJ I111 are offseL with the nei arno PTesentyJ IJJ the finaJKial sthtements, when there is a legally enforcab]e rigbt to set off tbe reCoid any)unts 8MI theTr is an intention kn S1¢ on a Jjet basis or to reaiise tbe &sset and settle the liability simultaneously. Basic finallcial ets Basic fiTn¢la] ¢1& which inrlude debtots and cAsh and bank balanLX, are initially rneas at transaction piice in¢luding transaction ¢osts ?j aJY subwtsenily carried * amortised using ts effeetiye interest meth(Ki uTJess the a)gement constitutes a finanthng Iransa¢tion, where the traTLsaction is rn( at the present value of the fututt ]tceipts dis¢owiteAI a mthei rale of tnwesL Financial as%ts cIlfied receivable within year aTE nol aiiio]lised. ClasSificloOf fillancial liabiliti& Financia] liabilities and lty Instnts aTe C]lfied • to the Subs of conirthl arrdngemenfs entered into. An equity tnstsim)ent is any contract that evide&5 a r&sidual itrta&st ill the &wts of the charity after all of its liabilities. B&8ic financtal liabiliti£ Basa¢ financial liabilities. Including ¢rditors. bank loans aDd loans fronj fellow group companies that are classifi¢d as debL ¥r¢ ItlitiAlly r¢¢ogtti7d &t transacti<)n price unless the artaDgen]ent fin¢ttciti8 transactio wherc the dcbt instn]ment is rn&ured at the pre5eDt value of the pajment disco)Ied * a mthet rate of interest. Fil)ala1 liabilities classified as payable withtn olle year are not aT]Kxtised t ijksmjments are subsequeDtIy Lwried at amoTtisgJ Using the eff&rtive interest rdte eth(L Page 17 tontinued..
THE LUNCHBOWL NETWORK LihirrED ILIMITED BY GUAJIAi¥fEEI NOTES TO THE FINANCLIL STATE[ENTs- c•DtiDved FOR THE YEAR ENDED 31 AUGUST 2022 NET INC0[Ej(EXPENDTfURE) Net incomel(exr£nditllre) is aft¢r Charging1(lI1 21)22 21121 Ikpr¢ciati¢)n- owned ass¢ts 1,336 TRUSTEES, REMUNEIL4TION AiYD BEYEFrrs There were no tnee$. remuneration OT other benefits for year end 31 AW 2022 llor for the year endea 31 August 2021. TRUSTEFS. EXPENSES Th¢re w¢r¢ no tnLSt¢es' expensc8 paid yearerthd 31 Augw 2022 for the yearettded 31 AUgt 2021. STAFF COSTS The average llulllber of elljploysjby the compny during the yrw&s a8 follows: 2022 Iyo. 2021 Non.rernwted Trustees No ernployee received rffliunewatsoll atTh)w&ting to morethan £60.(XMI eitheryear. TANGIBLE FIXED ASSETS Computer ¢quipmeDt Cost At I SeptemE*r 2021 alld 31 August 2022 &726 Depreciatio At I sqi1¢mir 2021 Charge for yvdr 274 1.1711 At 31 August 21Y22 Net bofrk value At 31 Aug%1 2022 682 At 31 Augum 2021 5,852 Page 18 continued..
ILihirrED BY GUARANTEE) NOTFS TO THE FINANCIAL STATEIKENfs-eontillued FOR THE YEAR ENDLD 31 AUGUST 2022 21122 2021 750 MOVEMENT IN FUNDS Net nwvement At 31A22 At 1.921 Unrestrieted fujtds General fillMI 414 (1$08O) 27J711 TOTAL FUNDS 414 (ISOM) 27J70 Net rnoVe¢t itl funds. iTKludcd ill thr ab)Yc as follows: Resourees eJpEnded Movement resources Unrestiicted fyDds Geneial fund 23S1711 (25112511) (15,0801 Restricted fud5 (&681) TOTAL FUNDS (255,931) (15,IK811) CoJDparatiYe5 for movement itt fund$ Net Yeent At 31.821 At 1.9211 Unre5trieted General fid 63235 (20,785) 42.450 TOTAL FUNDS 63235 (20.785) 42.450 Page19 tjtinued...
THE LUNCHBOWi NETWORK LIMITED (LIMITED BY GUARAT4TEE} NOTES TO THE FtNANCLiL STATEMEIThS- CODthiued FOR THE YEAR ENDLD 31 AUGUST 21122 MOVEMENf IN FUF4DS. continued Cornpardtive net rnovemeni in fim¢l8. included in alx)ve are follo Resources expended Movemet in fund$ Unrestricted Get]eral fiLTLd 21M).130 (220.915) {20,785) Restricted funds thnnerprogwnmejExttEK need 14J74 {14J74) TOTAL Fuf4DS 214.504 1235.289) (20,7851 REL4TED PARTY DISClnSURVS Lunchbowl TnLSt Kellya is a re]ated tArty to The LurKIknI Ndwotk Limited. DuriDg the yeAr,The Luthl Network Limited bad donated £252.5(X) to L11 Trusl KeDyL
THE Ltry+lCHBOWL NETWORK LIMrrED ILii¥irrED BY GUARAKfEE) DETAILED STATEMEhT OF FINANCIAL ACMT FOR THE YEAR ENDED 31 AUGUST 2022 2022 2021 INCOME AND ENDOWMENTS Don&tton$ and 1cLeS Gift & rfonation Grants 177053 61998 181,504 33,0(K) 240JSi 214,51J4 Totsl incoming resources 241,851 214,504 EXPENDIfuRE Raising dontl&ns legcie5 Administration cost Jewellery Elles and HearL8 Depreciation of tangible fixed &ssets 2.051 210 1.1711 354 1.336 3831 2.789 Charitsble activities Lunc[wI Tnst Kenya 232,500 Tola] resources expended 255.931 235,289 Net expendire {IS080) (20,7851 This tw d(Ks not forni part ofthe fJt)wKial Sts1emts Page 21