REGISTERED COMPANY NUMBER: 06239250 (England and Wales) REGISTERED CHARITY NUMBER: 1124647 Report of the Trustees and Financlal Statements for the Year Ended 31 Ortober 2024 for The Wiggly Worm Limited GCSD Accountants Limited 701 Stonehouse Park Sperry Way Stonehouse Gloucestershire GLIO 3UT
The Wiggly Worm Llmited Contents of the Financial Statements for the Year Ended 31 October 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Artivities Balance Sheet Notes to the Financial Statements 9 to 14 Detsiled Statement of Financial Artivities 15 to 16
The Wiggly Worm Limited Report of the Trustees for the Year Ended 31 October 2024 The trustees who are also directors of the charlty for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJEcfivES AND ACTIVITIES Objertives and alms The objectives of the company are to advance the education of the public in the subject of cooking and food skills to promote awareness and education into sound nutrition and in doing so, promoting public health. Artivlties - The provision of learning opportunities and training, with the emphasis on the acquisition of practical skills. - The general promotion of the knowledge of sound nutrition and culinary skills in the community. Fundraising and publicity to support the above activities. Page I
The Wiggly Worm Limited Report of the Trustees for the Year Ended 31 October 2024 ACHIEVEMENT AND PERFORMANCE WIGGLY CHARITY ACHIEVEMENT AND PERFORMANCE 2023124 On behalf of the Board of Trustees, l am pleased to present our Annual Report for the year November 2023 to October 2024. During this period, Wiggly has significantly expanded its reach and deepened its impact, empowering vulnerable and marginalised individuals of all ages and abilities across Gloucestershire through food-focused activities. This year, we extended our presence to nine areas within Gloucestershire, directly engaging with over 2,450 individuals-more than triple the number reached in the previous year. We delivered over 400 hours of programming across 24 distinct projects, including: Cookery courses for adults with learning disabilities, veterans, and carers; Kitchen workshops for young people not in education, employment, or trainlng (NEEf), designed to enhance employability skills; ' Low-waste cookery classes and children's cookery workshops. Our community impact has been particularly notable through the pay-as-you-can community lunch in St Paul's, Cheltenham. Attendance steadily increased throughout the year, peaking during school holidays at over 100 attendees. Over the course of the year, Wiggly served more than 3,300 hot meals to vulnerable individuals, both at the St Paul's lunch and through other community events across Gloucestershire. We strengthened relationships with longstanding partners, while forging new collaborations with a broader range of organizations supporting people on low income, adults with learning disabilities, veterans, and those at risk of homelessness. We have also been fortunate to be supported by Follow the Flow cookbook author Adrian Oades, whose accessible recipes have been instrumental for participants facing literacy barriers. We launched and developed our "Grow with Wiggly" initiative, a collaboration between Wiggly Charity and We Are Project Grow CIC, using locally grown, seasonal produce in our courses. This partnership now supports the cultivation of food at the Heritage Hub and the Bishop of Gloucester's garden. Additionally, we jointly launched "Social Source," range of seasonal sauces and preserves grown in Gloucester and made by our Chef in our Gloucester kitchens. With over 350 jars produced across five seasonal varieties and stocked in six local retailers, the initiative is a pilot project designed to underpin the long-term sustainability of both the growing projects and our cookery courses. Volunteer involvement grew significantly, with volunteers contributing over 415 hours. Several volunteers joined us after completing a Wiggly cookery course, gaining valuable kitchen experience and employability skills by cooking alongside our Chef at regular catering events and producing Social Source sauces. This year also saw a focus on zero-waste initiatives, supported by surplus food donations from Creed Foodservice and fresh produce from Project Grow. Beyond integrating these supplies into our courses, we donated over 540kg of surplus food to 11 food pantries and community projects across Gloucestershire. As a Board of Trustees, we conducted a comprehensive review and update of key policies. Operationally, we restructured our team, aligning resources with priority areas and reducing overheads while maintaining high-quality service delivery. This year, we successfully diversified our funding streams to support the expansion of our activities. Grants from a variety of VCS and Public Sector organizations have been instrumental in enabling our work. Additionally, we continued to deliver paid services to partner organizations, setting rates that cover costs while maintaining accessibility and sustainability. We developed free, budget-friendly recipe cards for food pantries, made accessible via our website and shared widely with partners. Additionally, our seasonal newsletter and expanded reach on social media continued to keep stakeholders informed about our activities and impact. Throughout the year, Wiggly's programmes consistently demonstrated their impact by building confidence and kitchen skills, reducing social isolation, and fostering stronger community connections. Our participants have consistently reported the therapeutic effect of taking part in Wiggly sessions, reducing anxieties and supporting mental health stability. Demand for our services has grown steadily throughout the year, reflecting both our enhanced profile and the value and impact that we deliver. Page 2
The Wiggly Worm Limited Report of the Trustees for the Year Ended 31 October 2024 Looking ahead to 2025, we aspire to build on this year's accomplishments and further extend our reach across Gloucestershire. Plans are already underway to enhance our delivery capacity through the deployment of sessional cooks and professional chefs, enabling us to meet the growing demand for our services. We are also committed to expanding the Social Source initiative as a sustainable income stream, supporting both our growing projects and cookery programmes. In the year ahead, we will continue to strengthen the valuable partnerships established in 2024 while forging new connections, ensuring our community-based cookery sessions and events create even greater social impact. Hannah Andrews Chair of Board of Trustees STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Wiggly Worm Limited is a private registered charitable company limited by guarantee, with no share capital governed by its Memorandum and Articles of association. Each member undertakes to pay an amount not exceeding £10.00 towards liabilities in the event of the charity being dissolved. Governance The company is managed by the directors who are trustees of the charity. Management The day-to-day management of the company is carried out by the General Manager, who reports to the directors. The company has policies and procedures covering equality, training, health and safety, child protection, safeguarding and other issues. Risk management The directors identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The company's policies and procedures include risk assessments. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06239250 (England and Wales) Registered Charity number 1124647 Registered office 52 Westgate Street Gloucester Gloucestershire GLI 2NF Trustees Ms H Andrews Chair Mrs M J Steele Trustee N J Howells Financial Adviser Mrs A Koeltgen Deputy Director of HR J W Pallett Self employed consultant chef (resigned 30.9.24) Ms J Price Community Development Officer (appointed 8.1.24) Page 3
The Wiggly Worm Limited Report of the Trustees for the Year Ended 31 October 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner GCSD Accountants Limited 701 Stonehouse Park Sperry Way Stonehouse Gloucestershire GLIO 3UT Bankers Lloyds Bank Rowcroft Stroud Gloucestershire GL5 3AZ Approved by order of the board of trustees on 30 January 2025 and signed on its behalf by: Ms H Andrews- Trustee Page 4
Independent Examiner's Report to the Trustees of The Wiggly Worm Limited Independent examiner's report to the trustees of The Wlggly Worm Limited ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Dlrections given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or the accounts do not accord with those records. or 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 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Julian Owens GCSD Accountants Limited 30January 2025 Page 5
The Wiggly Worm Limited Statement of Financial Actlvities for the Year Ended 31 October 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 21,789 21,789 7,024 Other trading activities Investment income 27,289 1,144 22,731 50,020 1,144 23,983 2,224 Total 50,222 22,731 72,953 33,231 EXPENDITURE ON Raising funds 4,679 4,679 23,677 Other 87,835 10,593 98,428 100,695 Total 92,514 10,593 103,107 124,372 NEf INCOME/(EXPENDITURE) (42,292) 12,138 (30,154) (91,141) RECONCILIATION OF FUNDS Total funds brought forward 86,019 1,615 87,634 178,775 TOTAL FUNDS CARRIED FORWARD 43,727 13,753 57,480 87,634 The notes form part of these financial statements Page 6
The Wiggly Worm Llmited Balance Sheet 31 October 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund fund Notes FIXED ASSETS Tanglble assets 230 689 230 CURRENT ASSETS Debtors Cash at bank 2,778 43,356 2,778 57,109 438 89,713 13,753 46,134 13,753 59,887 90,151 CREDITORS Amounts falling due within one year 10 (2,637) (2,637) (3,206) NET CURRENT ASSETS 43,497 13,753 57,250 86,945 TOTAL ASSEfs LESS CURRENT UABILITIES 43,727 13,753 57,480 87,634 NEf ASSETS 43,727 13,753 57,480 87,634 FUNDS Unrestricted funds Restricted funds 11 43,727 13,753 86,019 1,615 TOTAL FUNDS 57,480 87,634 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b) The notes form part of these financial statements Page 7 continued..
The Wiggly Worm Limited Balance Sheet - continued 31 Ortober 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2025 and were signed on its behalf by: H Andrews- Trustee The notes form part of these financial statements Page 8
The Wiggly Worm Limited Notes to the Flnancial Statements for the Year Ended 31 October 2024 ACCOUNTING POLICIES Basls of preparlng the financlal statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effertive l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 9 continued..
The Wiggly Worm Limited Notes to the Financial Statements - continued for the Year Ended 31 October 2024 OTHER TRADING ACTIVITIES 2024 2023 Food education projects 50,020 23,983 INVESTMENT INCOME 2024 2023 Deposit account interest 1,144 2,224 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2024 2023 Depreciation - owned assets 459 667 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. STAFF COSTS The average monthly number of employees during the year was as follows: 2024 2023 Employees No employees received emoluments in excess of £60,000. Page 10 continued..
The Wiggly Worm Limited Notes to the Financial Statements - continued for the Year Ended 31 October 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 7,024 7,024 Other trading activities Investment income 283 2,224 23,700 23,983 2,224 Total 9,531 23,700 33,231 EXPENDITURE ON Raising funds 1,592 22,085 23,677 Other 100,695 100,695 Total 102,287 22,085 124,372 NET INCOME/(EXPENDITURE) (92,756) 1,615 (91,141) RECONCIUATION OF FUNDS Total funds brought forward 178,775 178,775 TOTAL FUNDS CARRIED FORWARD 86,019 1,615 87,634 TANGIBLE FIXED ASSETS Plant and equipment Computer equipment Totals COST At l November 2023 and 31 October 2024 5,735 4,885 10,620 DEPRECIATION At l November 2023 Charge for year 5,443 73 4,488 386 9,931 459 At 31 October 2024 5,516 4,874 10,390 NET BOOK VALUE At 31 October 2024 219 11 230 At 31 October 2023 292 397 689 Page 11 continued...
The Wlggly Worm Llmited Notes to the Financlal Statements- continued for the Year Ended 31 October 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors 2,778 438 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other creditors Accrued expenses 462 543 1,632 814 838 1,554 2,637 3,206 11. MOVEMENT IN FUNDS Net movement in funds At 1.11.23 At 31.10.24 Unrestrirted funds General fund 86,019 (42,292) 43,727 Restrirted funds Restricted funds 1,615 12,138 13,753 TOTAL FUNDS 87,634 (30,154) 57,480 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrirted funds General fund 50,222 (92,514) (42,292) Restrirted funds Restricted funds 22,731 (10,593) 12,138 TOTAL FUNDS 72,953 (103,107) (30,154) Page 12 continued..
The Wiggly Worm Limited Notes to the Financial Statements- continued for the Year Ended 31 October 2024 11. MOVEMENT IN FUNDS- contlnued Comparatives for movement in funds Net movement in funds At 1.11.22 At 31.10.23 Unrestricted funds General fund 178,775 (92,756) 86,019 Restrirted funds Restricted funds 1,615 1,615 TOTAL FUNDS 178,775 (91,141) 87,634 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 9,531 (102,287) (92,756) Restricted funds Restricted funds 23,700 (22,085) 1,615 TOTAL FUNDS 33,231 (124,372) (91,141) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 1.11.22 At 31.10.24 Unrestricted funds General fund 178,775 (135,048) 43,727 Restricted funds Restricted funds 13,753 13,753 TOTAL FUNDS 178,775 (121,295) 57,480 Page 13 continued..
The Wlggly Worm Llmited Notes to the Flnancial Statements- continued for the Year Ended 31 October 2024 11. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlrted funds General fund 59,753 (194,801) (135,048) Restrlcted funds Restricted funds 46,431 (32,678) 13,753 TOTAL FUNDS 106,184 (227,479) (121,295) 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 October 2024. 13. RESTRICTED FUNDS Food education project income is restricted to specific projects which promote the objectives and aims of the company. Once a project is completed any remaining funds are transferred from restricted funds to the unrestricted funds as agreed by the donor. Page 14
The Wiggly Worm Limited Detalled Statement of Financial Activities for the Year Ended 31 October 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacies Donations 21,789 7,024 Other trading activities Food education projects 50,020 23,983 Investment Income Deposit account interest 1,144 2,224 Total Incoming resources 72,953 33,231 EXPENDITURE Other trading activities Food purchases Licensing Equipment 3,414 77 1,188 2,426 164 1,430 4.679 4,020 Support costs Management Wages Social security Pensions Rent, rates and water Insurance Telephone Postage and stationery Advertising Sundries Motor expenses Plant and equipment Computer equipment 79,463 2,668 1,741 406 1,057 468 80,701 1,767 165 891 429 2,012 21,392 541 1,851 97 571 356 452 1,674 73 385 89,391 110,417 Flnance Bank charges 150 85 Information technology Computer costs 1,229 2,396 This page does not form part of the statutory financial statements Page 15
The Wiggly Worm Limited Detailed Statement of Financial Activities for the Year Ended 31 October 2024 2024 2023 Information technology Governance costs Accountancy 7,658 7,454 Total resources expended 103,107 124,372 Net expenditure (30,154) (91,141) This page does not form part of the statutory financial statements Page 16