Company number., 06332267 Charfty NtFmber: 1125805 Zest - Health for Life Limited Report and financlal statements For the year ended 31st March 2023 Referen and adminlstratlve Information for the year ended 31st March 2023
Company number 06332267 Charity number 1125805 Registered office and operational address The Old Fire Station, Gipton Approach, Leeds, LS9 6NL Zest - Health for Life Limited also uses the name Zest Leeds for operational and marketing purposes. Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Dan Barnett Chair Resigned 05/0212024 Scott Robson Treasurer & Chair from 05/0212024 Gemma Isllp Tracey Akamaguna Juliet Brown Vice Chair Jack Phipps Giles Bradley Trustees who held title to property belonging to the charity during the reportlng period or at the date of approval were none. Key management personnel Dominic Charkin Chief Executive Vicky Elswood Finance Manager Simon Chappelow Food Projects Manager Resigned June 2023 Cassandra White Business Development & Fundraising Resigned October 2023 Joe Grant Social Enterprise Manager Bankers Unlty Trust Bank Nine Brindley Place Birmingham, Bl 2HB Solicltors Wrlgleys Sollcltors LLP 19 Cookridge Street, Leeds LS2 3AG Independent James Denton, AME Accounting & Co, Examiner Madison Offices, Radley House, Richardshaw Road, Leeds, LS28 6LE
The trustees present their report and the audited financial statements for the year ended March 2024. Included within the trustees, report is the directors, report as required by company law. Reference and administrative information set out on page I forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities" SORP applicable to charities preparing their accounts in accordance with FRS 102. Objectives and activities The objects of the organisation, as stated in the constitutlon adopted in August 2007 are to promote, preserve and protect the physical health and mental wellbelng of the inhabitants of Yorkshire, by providing or supporting the provision of facilities In the interests of the social welfare or other leisure time occupation, and by providing education, trainingi advice, and support. Zest works for the purpose of daily use to the following Vision, Values, and Social Objectives: Our Vision - Leeds is a fair city where everyone has the same opportunities Our Mission - Enabling fulfilling lives through promoting healthier lifestyles Who we work with - All ages Our Core Values - We listen, we support, we respond, we care, we challenge Our Soclal Objectives: To promote healthier lifestyles Supporting and developing cooking skills Improving physical and mental wellbeing Creating pathways to healthier choices To enable fulfilling lives Preventlng soclal isolation Engaglng creatlvely with vulnerable people Bringing communities together Building peoples, skills and confidence All of Zest's work is in line with the soclal objectlves above. Each project meets one or several of the objectives and contributes to Zest's key indicators as well as monitoring and reporting to funders on their requirements, staff report bi-monthly to the board on how their work meets Zest's social objectives. Main Activities Zest's current activitles Include the following: Better Together - a community health development programme funded by Leeds City Council.
Men's Health - communlty health development project funded by Henry Smith Charity. Funding ended December 2023. Foodwise Leeds - To employ a Sustsinable Food Places Coordinator - funded by Sustainable Food Places and Leeds City Council. Foodwise Leeds delivers the Healthy start uptake programme and Healthy Holidays Plus. Thrive - Delivering weekly groups supporting people to make precious resources go further. Funded by the National Lottery Community Fund. Taste of the Market - A four-week cookery course funded through The Leeds Building Society based around using affordable and accessible ingredients from Leeds Kirkgate Market. Funding ended December 2023. Meet Me at the Old Fire Station (MM@) - A partnershlp project with Space2 and GFS Community Enterprises delivering a programme of activities and volunteer opportunities to be delivered from the Old Fire Station by a range of tenant groups. Funded by the National Lottery Community Fund. Men's Pie Club - It's not just about the pies, it's about the guys making the pies! Pie Clubs bring men together to help reduce social isolation and create lasting friendships while making a pie together. Compost Collective - a proven community composting initiative. Funded through Community Climate Fund. Compost Collective supports Leeds's ambition to be carbon neutral by 2030. All these projects are focussed on serving the charity's aims, objectives, and stated purposes, and benefit the people Zest was set up to support. All projects are meetlng or surpassing the targets and outcomes set by funders and are successfully operatlng In the charity's stated area of operation. The trustees have referred to the guidance contained In the Charity Commisslon's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The trustees and senior management team seek to further the charity's aims and objectives by pursulng a fundraising strategy that beneflts the people of Leeds who Ilve in the city's most disadvantaged areas and are suffering from health and social Inequality of both opportunity and life expectancy. The charity's main activities and who each project helps are described below. All its charitable activities focus on improving health and wellbeing, addressing health and social inequalities, and are undertaken to further Zest's charitable purposes for the public benefit. Our community projects team currently works with around 600 people, predominantly from east Leeds each year. Providing opportunities to become involved in a variety of community groups and activities that build community resilience and improve the skills and confidence of individuals, as well as helping to reduce social isolation. For the year 2023124 75 % of our service users said they felt happier and 75 % have made new friends through attendance at groups. 83 % of people say they have learned to eat more healthily and 680/0 of attendees say they've experienced improved mental wellbelng. Zest involves and supports volunteers in all aspects of our work. We value the diverse range of skills and knowledge whlch our volunteers bring to these roles, and their
experience of living and volunteering in the communities that we work informs our work at every level and contributes to our misslon of Improvlng life chances in Leeds through the principles of community development. By donating skills, time and knowledge, volunteers contribute towards the expansion and improvement of our services as well as personally learning skills, making new friends and having new experiences. Beneficiaries of our services While our seniices are open to all, the communities we target in Leeds fall Into the bottom IOO/o super output areas nationally and are ranked as among the most disadvantaged in the district. People living in these areas experience multiple disadvantage that can have dramatic and negative impacts on their lives. All our current funding is aimed at adults over the age of 16. However, during school holidays, we also provide low or no cost family artivities. Aimed at alleviating holiday hardship experienced by those living in disadvantaged areas and recruiting new users to our services outside of school holidays. Achievements and performance 2023/24 was a challenging year for Zest. Inflation continued to place a strain on the communities Zest serves and on the finances of the organisation. Many of the grants and contracts we are delivering are fixed, with limited or no provision for the levels of inflation seen over the past year. Zest was thrilled to be awarded a significant core cost grant from Garfield Weston along wlth being awarded a number of short term, non- recurrent cost of living grants from funders. As a result, the charity was able to make a small surplus. Against our three fundraising targets we achieved the following actuals.. Target Actual Variance 35,000.00 67,382.00 32,382.00 25,000.00 0.00 -25,000.00 20,000.00 14,330.51 -5,669.49 80,000.00 81,712.51 1,712.51 New Buslness Social Enterprise Fundraising Direct Fundraising While we fell short of the direct fundraising target our small direct fundraising function continues to grow and generate unrestricted income for the charity. Our staff teams overall continue to be engaged with the supporting raising funds for the charity either directly or through their friends and family. Notable efforts in the year came from a staff member and their father making and selling repurposed wood products including planters, bird tables and Christmas reindeer and another staff member's nephew running a charity car wash day at his workplace. We are the charity partner of Bruntwood who began raising funds in support of our work. Social Enterprise Leeds Cookery School, a social enterprise and company limited by share with Zest being the sole shareholder failed to make a profit in the financial year. There were several contributing factors to the issues the social enterprise faced including senior management long term sickness. the cost-of-living crisis leading to lower consumer confidence and higher priced raw materials. Trustees spent considerable time consldering the value of the soclal enterprise and the model the charity operates and will be maklng changes In the year 2024/25.
New Business/Grants The charity was able to take advantage of several short-term funding streams relating to the ongolng cost of Ilvlng crlsis and was supported by generous core grants from Garfield Weston and Zurich Community Trust along with several other short-term grants. Future Challenges The most pressing challenge is getting the Leeds Cookery School onto an even keel, that once again contributes financially to the charity. The challenge will be slgnlficant as the cost of living and rising mortgage costs begins to impact on our target audience. This wlll involve changing to a break-even model with an agreed monthly loan repayment to the charity. Management also recognises that over time vve will need to focus more effort on achieving more corporate sales and hires to reduce the income reliance on class sales which are anticipated to remain depressed. The funding landscape remains challenging. Inequallty contlnues to rlse in Leeds and across the UK leading to a rlse In demand for the services the charity offers. The number of charities providlng services to help reduce the worst effects of inequality are increasing placing additional challenges in achieving financial targets. Zest recognises the need to ensure it stays relevant and ensure the services it provldes are focussed and play to the strengths of the organisation, it's history and culture. Financial review Overview The accounts reflect all the activities listed above. Income decreased from £694,174 in 2022/23 which showed the highest ever turnover to £510,436 in 2023/24. This figure is more in line with previous years turnover. 2022/23 turnover included many one off and emergency covid grants. Exlstlng grants and contracts still make up most of the income. Fundraising contributed £14,331 to this year's income. Costs have decreased from £652,141 in 2022123 to £494,984 in 2023124 in line with the decrease In turnover. Zest had a year-end balance of £318,311 including deferred income and reserves, of which £50,028 was unrestricted and £87,407 was reserves. Our principal sources of funding were Leeds City Council, The National Lottery Community Fund, Leeds Community Foundation, Movember Foundation/Food Nation, The Henry Smith Charity, Sustainable Food Places, Leeds Building Societyi Garfield Weston, Zurlch Community Fund and The Clothworkers Foundation. We are grateful to all our funders for thelr contlnued support. Reserves policy The Zest board conslder that It Is prudent to operate with a level of reserves to cover the following contingencies: redundancy and other costs in the event of the charity winding up through a substantial loss of funding. to provide working capital where contracts are paid in arrears. to finance existing or new activities until adequate external funding is obtained. On 31st March 2024 the level of free reserves was £87,407. The reserves computations shows that the organisation needs to hold between £82,000 and
£104,000 in reserves to allow for the above contingencies. During 2024-2025 the organisation hopes to increase the level of reserves required by securing some unrestricted income from grants and by Investlng In hlgher Interest fixed term bonds. This wlll be used to maintain charitable work on a short-term basis once funding has come to an end and before new funding has been secured. The policy is reviewed annually in April. Plans for the future The Zest board recognises the importance of cooking skills in our portfolio of activities and supported the retention of a cookery skills centre in Leeds Kirkgate Market. This opened in December 2023. Zest hopes to begin to develop and deliver a wide range of community cookery skills and wellbeing activities from the centre making us the go to organisation for food skills training and using food to build health, wealth and social change. Replacing lost funding remains a challenge and a priority. The focus of senior management will be to identify traditional and new funding streams and income opportunities to help deliver our stated aims of reducing reliance on grants and contracts. Structurei governance and management Recruitment, appointment and induction of trustees Appointment of Trustees is governed by the Memorandum and Articles of Association. The Board of Trustees is authorlsed to appoint new members to fill vacancies arising through resignation or death of an existing member. Membership of the Board of Trustees is reviewed annuallyi and the confirmation or retirement of members will be considered at the Annual General Meeting. As part of a good governance action plan, the Trustees follow a protocol for the recrultment and induction of new Trustees, whlch ensures effective understandlng of the trustee role and mutual expectations from the beginning. Prospective Trustees are invited to visit Zest projects and meet with the CEO before having a discussion with the Chair and observing a Board of Trustees meeting. If both sides agree to proceed, the formal application process will then take place via an application form, and relevant training offered to the new trustee. Organisational Structure The Board of Trustees meets bi-monthly. On a day-to-day basis, management is delegated to the CEO Dom Charkin and Senior Management Team Vicky Elswood (Finance Manager) and Joe Grant (Head of Social Enterprise). There is an HR Subgroup made up of the CEO and Trustees with HR experience which convenes monthly to review salaries, review policies and to oversee 5ubstsntive HR issues such as restructures, new post creation and disciplinary proceedings. Leeds Cookery School (LCS) is an incorporated business, wholly owned by Zest, whlch donates IOOD/o of its profits to Zest. A minimum of two members of its board remains on the Zest Board of Trustees whilst the Chair and other members are independent. The LCS board is therefore able to make independent business decisions but submits reports to the Zest Board of Trustees which retains oversight of activity and finances, and whose
primary aim is to protect the charlty from any financial losses incurred by the cookery school. The organisation is a charitable company Ilmlted by guarantee, incorporated on 2108/2007 and registered as a charity on 10/0912008. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under Its articles of association. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantors in Mar 2023 was 7. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 10 to the accounts. Related parties and relationships with other organisations Leeds Cookery School Overview Leeds Cookery School (LCS) was established in September 2017 as a trading subsidiary of Leeds charlty Zest - Health for Life. Following a business review, Zest developed a three-strand fundraising strategy to reduce its reliance on local authority grant and contract fundingi and to generate unrestricted income to ensure the charity's survival. LCS is an independent social enterprise wholly owned by the charityi and Gift Aids IOOO/o of any profit to Zest. LCS was formally constituted in September 2017, with founder directors consisting of two trustees of Zest who have speciflc food industry experience and now provide contlnuity by sitting on both boards, and two independent directors with relevant food knowledge and experience. One of the independent directors serves as Chair. The Zest CEO also attends the Board of Directors meetings, and the Zest Finance Manager is Company Secretary. Objectives The overriding objective of LCS is to generate income to support the work of the Zest charity. other objectives are: to be the best cookery school in Yorkshire to offer an unrivalled customer experience to both individuals and corporate customers to be fun and accessible to be respected in the business communlty, to win recognition, and to remain Innovative to instil a love of cooking and provide a range of learning opportunitles Risk Management Finance and operational overview reports are made by LCS at each Zest trustee meetingi but the division is clear. the LCS board concentrates on directing the business and
ensuring profitability whilst the Zest board seeks to protect the charity from any financial liabilities or losses caused by the LCS. The Finan Manager and Head of Soclal Enterprlse meet regularly each month to review cashflow, future booking levels and expenditure. Regular LCS team meetlngs Inform the schedule and marketing campaigns. The LCS board meets bi-monthly and retains a strategic overview of buslness operations and profitability. Orion Consortium Zest is part of a consortium - Orion comprising of four like-minded Leeds charities working with similar social objectives and values. The four Orion partners Feel Good Factor, Space 2 and Shantona collaborate on a variety of funding bids and resulting projects, with each organisation acting as the lead partner on occasion, and sub- contracting the other partners to deliver parts of the project work. A partnership agreement is put in place for each project, and a conflict resolution protocol is also available should the need ever arise. Staff members from all four organisations work closely together at all levels and share resources, line management responsibilities and reporting accountabilities. Remuneration policy for key management personnel An organisational Remuneration Policy is in place which outlines the procedures followed on an annual basls. A salary band table is in place which is reviewed annually in March, and all new jobs are evaluated and allocated a banding within this structure. Salary reviews take place annually in March and the HR Subgroup makes recommendations. Salary increases are not automatic or on an incremental basis but aside from any general cost of living rise, are awarded based on increased responslbility and demonstrable personal development. Employees would expect to be at the middle of their salary band when competently fulfllling all aspects of their job. Risk Management The Board of Trustees have examined the major strategic, business and operational risks that Zest faces and confirm that systems have been established to lessen these risks. A risk register is in place which is reviewed annually, and input is made by both the Th and HR consultants which Zest retains as specialist advlsers. Funds held as custodian trustee on behalf of others Not applicable Statement of responsibilities of the Trustees The Trustees (who are also directors of Zest - Health for Life for the purposes of company law) are responsible for preparing the Trustees, annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, Includlng the Income and expenditure, of the charitable company for that perlod. In preparing these financial statements, the trustees are required to:
Select sultable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP Make Judgements and estimates that are reasonable and prudent State whether applicable UK Accountlng Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the provisions applicable to companies subject to the small companies, reglme of the Companies Act 2006. The Trustees, annual report has been approved by the Trustees on and signed on their behalf by Scott Robson Chair
I report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2024 whlch are set out on pages 12 to 32. Responsibilities and basis of report As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparatlon 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 ellglble for independent examination, I report in respect of my examination of your company's accounts as carrled out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement Slnce the company's gmss income exceeded £250,000 your examiner must be a member of a body listed in sectlon 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to belleve that In any materlal respect: i. accounting records were not kept In respect of the company as requlred by section 386 of the 2006 Act. or the accounts do not accord with those records. or the account5 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 vlew. whlch 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 charltles 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 acmss no other matters in connettion with the examination to which attentlon should be drawn In this report in order to enable a proper understanding of the accounts to be reached. James Denton ACCA AME Accounting & Co, Ltd, Madison Offices, Rlchardshaw Rd, Leeds, LS28 6LE 2811112024 70
Statement of Financial Activities {including Income and Expenditure account) for the year ended 31 March 2024 Unrestricted Restricted Total funds Total funds 2023 Note Income from: Donations & legacies Charitable activities Investments Totsl Income 21,983 58,819 2,434 83,236 21,983 486,019 2,434 510,436 6,946 686,231 997 694,174 427,200 427.200 Expenditure on: Charitable activities: Community health Total expenditure 156,557 156,557 338,425 338,425 494,982 494,982 652,141 652,141 Net Income/{expenditure) for the year. Transfer between funds Net movement in funds for the year reconcilliation Total funds B/fwd Total funds carried forward 73,321 53,802 88,775 53,802 15,454 42,033 42,033 161,563 142,044 145,035 180,008 306,599 322,052 264,566 306,599 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. A full comparative SOFA is on the last page of the accounts.
Company number 6332267 Balance sheet as at 31 March 2024 2024 2023 Notes Fixed Assets Tangible assets Total fixed assets 13 1,427 211 Current assets Debtors Cash at bank Total current assets 14 15 50,645 322,138 372,783 26,872 319,801 346,673 Liabilities Creditors: amounts falling due in less than one year. Net current assets Total assets less current liabilities 16 52,158 40,285 320,625 322,052 306.388 306,388 Net assets The funds of the charity Restricted income funds Unrestricted income funds 322,052 306,599 17 18 180,008 142,044 145,035 161,563 Total charity funds 322,052 306,599 For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies. Director Responsibilities The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The Directors ackowledge their responsibilities for complying with the requirements of the act with respect to accounting records and the preparation of accounts. These accounts are prepared in accordance with the special provisions of part 15 of the companies Act 2006 relating to small companies and constitue the annual accounts required by the Companies act 2006 and are for circulation to members of the company. The notes on pages 15 - 32 for part of these accounts Approved by the trustees on........ . And signed on their behalf by Scott Robson 12
Statement of Cash Flows for the year ending 31 March 2024 2024 2023 Note Cash provided by/(used in) operating activities Cash flows from investing activities Dividends, interest and rents from investments 22 97 66,412 2,434 997 Cash provided by/(used in) investing artivities Increase/ldecreasel in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equlvalents at end of year 2,434 2,337 319,801 322,138 997 67,409 252,392 319,801 13
3 Income from donations and legacies Current reporting period Donations Grants Leeds City Council Total Unrestricted 14,217 Restricted Total 2024 14,217 7,766 21,983 7,766 21,983 Previous reportlng period Donations Grants Leeds City Council Total 6,946 6,946 6,946 6,946 4 Income trom charitable activities Current reporting period Unrestricted Restricted Total 2024 Big Lottery British Triathlon Colothworkers Foundation Feel Good Factor Food Power Henry Smith Leeds City Council Leeds Tidal Leeds Building society Reed Wellbeing Soil Association Space2 West Yorkshire Combined Authority Other income Total 80,265 80,265 29,000 88,345 29,000 88,345 24,750 47,442 11,292 18,760 24,750 47,442 11,292 18,760 10,350 56,556 4,981 55,459 427,200 10,350 56,556 4,981 114,278 486,019 58,819 58,819 14
Prevlous reporting perlod Unrestricted Restricted Total 2022 Big Lottery British Triathlon Community Foundation Feel Good Factor Food Power Henry Smith Leeds City Council Leeds Tidal People in Action Reed Wellbeing Soil Association Space2 West Yorkshire Combined Authority Other income Total 41,778 4,520 1,983 121,728 732 71,850 49,500 11,319 41,778 4,520 1,983 121,728 732 71,850 64,500 11,319 1,000 203,930 18,000 60,733 4,998 3,588 610,662 15,000 1,000 203,930 18,000 60,733 4,998 3,075 594,149 513 16,513 5 Investment income current reporting period Unrestricted 973 973 Restricted Total 2023 973 973 Income from bank deposits Unrestricted Restricted Total 2022 Previous reporting period Income from bank deposits 16 16 16 15
6 Analysis of expenditure on charitable activities Current reporting period Community health Total 2024 Staff Costs Accomodation Project costs Governance costs (See note 7) Support costs (see note 7} 316,009 52,316 54,812 7,184 64,660 494,981 316,009 52,316 54,812 7,184 64,660 494,981 Previous reportlng perlod Community health Total 2024 Staff Costs Accomodation Project costs Governance costs {see note 7) Support costs (see note 7) 382,683 52,883 121,847 14,742 79,986 652,141 382,683 52,883 121,847 14,742 79,986 652,141 2024 338,425 156,557 494,982 2023 593,506 58,635 652,141 Restricted expenditure Unrestricted expenditure 16
7 Analysis of governance and support costs Current reporting period Basis of apportionment Support Governance Total 2024 Staff Costs Office costs Accountancy services Legal & professional Time spent Floor area Governance 43,262 21,398 43,262 23,123 5.459 1,725 5,459 Governance 64,660 7,184 71,844 Previous reporting period Basis of apportionment Support Governance Total 2023 Staff Costs Office costs Accountancy services Legal & professional rime spent Floor area Governance Governance 57,408 22,578 57,408 22,578 1,725 13,017 94,728 1,725 13,017 79,986 14,742 8 Net incomel(expenditure) for the year This is stated after charging/{crediting): Operating lease rentals: Property Other Independent examiners fee 2024 2023 20,000 665 1,000 20,000 665 1,000 9 Staff Costs Staff costs during the year were as follows: Wage and salaries Social security costs Pension costs Agency costs Recruitment Staff training Expenses related 2024 2023 284,337 24,656 517 138 400,647 30,094 886 153 239 1,655 6,417 440,091 1,604 4,829 316,081 Allocated as follows: Charitable activities Support COSts 272,819 43,262 316,081 382,683 57,408 440,091 No employees has employee benefits in exces5 of £60,1)0012023- Nil). The average number of5taff employed during the period was 20 (2023: 251. The average full time equivalent number of staff employed during the period was 1512023- 171. The key management personnel of the charity comprise the trustees and the Seniormanagement Team. The total employee benefits of the key management personnel of the charity were £124.500
10 Trustees remuneration and expenses and related party transartions Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year12023: Nill. ND members of the management committee received travel and subsistence expenses during the year of £Nil. Aggregate donations from related parties were £Nil12023: £0). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contrart or transaction entered into by the charity, including guarantees, during the year12023: nil). The Charity has one Subsidiary- Leeds Cookery School Ltd re8iStered on Sth December, a company Limited by shares, Company number- 11098044 2024 2023 Transactions in the period Comprise Recharge of expenses to Subsidiary Services provided by Subsidiary Balance owed by/(tol the Subsidiary at period end 65,616 10,080 44,141 145,677 17,795 34,005 11 Government grants The government grants recognised in the accounts were as follows: 2024 47,442 2023 57,769 Leeds city council There were no unfulfilled conditions and contingencies attached to the grants. 12 Corporation tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to it5 its charitable objects. No tax charges have arisen 18
13 Fixed Assets: Tangible assets Office equipment Cost At l April 2023 Additions Disposals As 31 March 2024 2024 Total 211 1,216 211 1,216 1,427 1,427 Depreciation At l April 2023 Charge for year Disposals As 31 March 2024 Net book values As 31 March 2024 As 31 March 2023 1,427 211 1,427 211 14 Debtors 2024 2023 Amounts owed by group undertakings Other debtors Prepayments and accrued income 16,502 34,143 26,872 50,645 26,872 15 Cash at bank and in hand 2024 322,138 2023 319,801 Cash at bank and in hand 16 Creditors: amounts falling due within one year 2024 45,708 6,450 52,158 2023 30,952 9,333 40,285 Other creditors and accruals Taxation and Social security costs 19
17 Analysis of movements in restricted funds Current reportlng perlod Communlty health Balance at 31 March 2024 01-Apr-23 Income 88,345 12,102 Expenditure 76,994 7,037 Transfers 11,351 Better together Climate Action Lee Composting Healthy Holiday5 Henry Smith Holiday Leeds MOF MMATOFS Sustainable Food Cities THRIVE Other 4,015 843 9,682 43,427 36,373 21,049 2,830 9,080 843 15,384 7,135 36,373 23,868 32,830 861 17,558 6,563 43,484 24,750 53,326 35,000 50,507 5,000 18,317 8,813 145,035 8Q,265 133,412 427,200 82,997 97,471 338,425 15,585 39,224 180,008 5,530 53,802 20
17 Analysls of movements in restrlcted funds Previous reporting period Community health Balance at 31 March 2023 01-Apr-22 Income 8,549 95,766 4,015 2,153 3,000 Expenditure 66,971 Transfers 37,344 Better together Climate Action Lee Comp05ting Digital Storytelling Food Resilience Healthy Holidays Henry Smith Holiday Leeds MOF Leeds MOF Weight MMATOFS Winter Sustainable Food Cities THRIVE Other 4,015 843 7,992 2,500 95,487 11,000 49,000 162,629 18,195 52,360 33,600 25,000 9,302 5,343 95,487 11,000 39,903 164,622 18,195 39,090 33,600 22,170 2,482 79,701 5,640 593,506 157 9,682 34,330 40,257 9,682 43,427 36,373 1,891 7,779 21,049 2,830 2,482 16,340 6,590 135,177 81,678 7,549 642,756 18,317 8,499 145,035 39,392 21
18 Analysis of movement in unrestricted funds Current reporting period At l April 2023 166,626 9,955 10,175 25,193 161,563 Income 83,236 Expenditure 156,557 Transfer 53,802 At at 31 March 2024 147,107 9,955 10,175 25,193 142,044 General fund Fundraising Reed Momenta- Leeds Cookery School 83,236 156,557 53,802 Previous reporting period At l April 2022 134,452 9,955 10,175 25,193 129,389 Income 51,417 Expenditure 58,635 Transfer 39,392 At at 31 March 2023 166,626 9,955 10,175 25,193 161,563 General fund Fundraising Reed Momenta - Leeds Cookery School 51,417 58,635 39,392 Name of unrestricted fund General fund The free reserves after allowing for all designated funds Volunteering fund This amount has been put aside to support volunteers Leeds Cookeryschool Costs associated with the set up of the cookery school beforeincorporation Reed Momenta - This amount has been ring fenced for the relocation and refurbishment ofthe new site in Leeds market. 22
19 Analysls of net assets between funds Current reportlng perlod Designated funds 3,820 Restricted funds 180,008 General fund 145,864 Total 322,052 Net current assets Previous reporting period Designated funds 3,820 Restricted funds 145,035 General fund 165,383 Total 306,599 Net current assets 20 Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating leases is as Property Equipment 2024 2024 20,000 45,000 2023 20,000 65,000 2023 Less than one year One to five years Over five years 65,000 85,000 21 Reconcilliaiton of net movement in funds to net cash flow from operating activities 2024 15,454 2023 42,033 Net income/{expenditure) for the year Adjustment for: Dividends, interest and rents Decrease/{Increase) in debtors Increase/(decreasel in creditors 2,434 23,773 11,873 22,626 997 31,279 5,903 66,412 23
Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2023 Unrestricted Restricted Total funds Total funds 2022 Note Income from: Donations & legacies Charitable activities Investments Total Income 6,946 43,475 997 51,417 6,946 686,231 997 694,174 8,981 610,662 16 619,659 642,756 642,756 Expenditure on: Charitable activities: Community health Total expenditure 58,635 58,635 593,506 593,506 652,141 652,141 548,449 548,449 Net Incomellexpenditurel for the year. Transfer between funds Net movement in funds for the year reconcilliation Total funds B/fwd Total funds carried forward 7,218 39,392 32,174 49,250 39,392 9,858 42,033 71,210 42,033 71,210 129,389 161,563 135,177 145,035 264,566 306,599 193,356 264,566 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. A full comparative SOFA is on the last page of the accounts. 24