THE BESOM IN CAMBRIDGE FINANCIAL STATEMENTS FOR YEAR ENDED 30 NOVEMBER 2020 Company Numbèr 07434303 Charity number 1139723 'J14813M6P* 23108rd021 -SOMPANIES HOUSE 27
THE BESOM IN CAMBRIDGE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020 CONTEpirs PAGES Members of the board and professional advisers Directors. report 2to3 Independent examinerfs report to the directors Statement of finanaal actiwties Balance sheet Notes to the financial statements 7t09
Pag¢ 1 THE BESOM IN CAMBRIDGE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Directrys Elizabeth Waldock Oebbie Hawker John Cooper Mark Hartr Company Secretary Felix Heame Registered offiGe Unit7 Ronald Rdph Crt Wadloes Road Cambridge CB5 8PX Independent Examlfter Matthew Baker ACA
Page 2 THE BESOM IN CAMBRIDGE DIRECTORS. REPORT YEAR ENDED 30 NOVEMBER 2020 The directors present their rept and the ffinartial statements of the company for the year ended 30 November 2020. GENERAL INFORMATION The 88som in Cambridge is'a company limited by guarantee. registered in England and Wales. incorporated on 9 November 2010. governed by its Memorandum and Articles of Association. The company was granted ¢haritable status by the Charity Commission on 6 January 2011 and is registered as charity number 1139723. In the event of the company being wound up. the liabikty in resF*d of the guarantee is limited to £10 per member. DIRECTORS The'directorsltrustees, also the members. wh) served the company during the year were: Elizabeth Waldc Jon Halls (resigned 28 October 2020) John Cooper Mark Hart)our Debbie Hawker (appointed 19 Odober 2020) Lisa Mclntyre Iresigr)ed 28 oober 2020> Trustees have responsibility for overseeing the work and for the effective implementation of policy. New trustees are appointed by ordinary resolLrtion. We seek to find trustees who are excited by the Besom's wsion. twho have had experien of the day to day running of Besom or who have been involved n weekend proie¢ts with dtents. Trustees aim to meet at least 5 times per year. OBJECTIVES The objectives of the cwipany as laid down in the Memorandum and Arbdes of Associath)n are a$ follows: To relieve financial hardship and sickness and to promote and preserve good health by the provision of funds. 9)ods or services of any kind in Cambridge and in such parts of the United Kingdom or the va)dd as the Trustees from time to lime may think fit. and to fulfil such other purposes which are exdusivdy charitable according to the law of England and Wales and are connected with the charitable woth of the Charity. PUBLIC BENEFIT The Besom in Cambridge is a public benefft entty. The charity trustees have complied with their duty to have due regard lo the guidance on public benefit putAished by the Charity Commission in exercising Iheir powers and duties.
Page 3 ACHIEVEMENTS IN YEAR It has been a pleasure to continue the W•[k of Besom during this year of pandemic. We have been able to wllect and deliver essential fumiture and while goods and provide bedding and starter packs to those being housed in the communty by the councl. 'Baby bundles, have been provKled to those in the comrnunity through the treach in Sawston. FINANCIAL REVIEW The compart$ financial pOsitn at the end of the year is shown in the attached financial ststements. General reserves of £4.306 were hdd at the end of the year. In the Trustees, view, the Charity's reseNes should provide the Chartty with adequate financial stability and the means for it to meet its chanlable objeclives for the foreseea8 future. The Trustees review the level of reserves at their Trustees. meets"ng. The Trustees do not ¢C$4der that there are any material Uncertaint about the Charitys ability to ntinue as a gmng conrn as al Ihe date of this report. This report was approved by the directois on ..17.... 8.: 2 0 i.1... 2021 and is signed on their behalf by". Debbie Hawker Director
Page 4 THE BESOM IN CAMBRIDGE INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS I report to the tharity trustees on my examination of Ihe accounts of The Besom in Cambridge for the year ended 30 November 2020. Responsibilities and basis of report As Ihe charity's truslees land also its directors lor the purposes of company law) you are responsible for the preparation of the accounts in accordan with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satIsfd myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act arKJ are eligit8 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 cafrying out my examination I have followed the Directions given by the Charity Commission under section 145(5} Ib} of the 2011 Act. Independent examinerfs sLitement I have completed my examination. I confim 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 2. the accounts do not accord with those records., or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Acl other than any requirement that the accounts give a Irue and fair view which is not a matter considered as part of an independent examination. or 4. the accounts have not been ppared in accordance wrth 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 concems and have come across no other Matte in conneclion 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. Signed: Name: Matthew Baker ACA Address: 27 Rampton Drift, Longstanton. CB24 3EH Date..
Page S THE BESOM IN CAMBRIDGE STATEMENT OF FINANCIAL ACTIVMES YEAR ENDED 30 NOVEMBER 2020 Unrestricted Totals Funds 2020 Totals 2019 INCOMING RESOURCES DThptions & legaues 36.166 36,166 23.179 TOTAL INCOMING RESOURCES 36.166 36,166 23.179 RESOURCES EXPE14DEO Charitable activitEs 34.188 34,188 23.204 TOTAL RESOURCES EXPENDED 34.188 34.188 23.204 NET INCOMING I IOUTGOINGI RESOURCES FOR THE YEAR 1.978 1,978 125 8alances brought forward 2,328 2.328 2,353 Balarhces Caled forward 2.328 The notes on p•ges 7 to 9 fomi part offth finan¢i*l
Page 6 THE BESOM IN CAMBRIDGE BALANCE SHEET 30 NOVEMBER 2020 NOTE 2020 2019 FIXED ASSETS Tangible Assets CURRENT ASSETS DebtOTS Cash at bank and in hand 2,065 2,240 4.120 5.224 CREDITORS: Amounts fling due within one year Other creditors 12.897) NET CURRENT ASSETS 2,327 NET ASSETS 2.328 FUNDS Genèral reserves 2,328 TOTAL FUNDS 2.328 The directors a sattsfed Ihai the enblled io exemplw)n Ihe prow0 of Ihe Cornpanies Ad 2008 (the Act) rdating to the a11 of (he arTrts for the year by of section 477, and that no member or members have Uested an audrt wJ110 Secti 476 IMthe kL The ¢threcIO adIThxedge their reSF(msitY for. Coj wilh the reqthrements of Ihe Act wih resFCt to armJnthng reojrds and the preparaticfi of prepariry xcwnts tAxh sive a tnje aThJ fw ol sla18 ofaffws ofthe cw 85 al end ofth• fwTrancwl yew arKJ of rts rwmir¥J or 'ng re50ur(w fry the ffflan(ial year in atK(th¢t requrements of Ih¢ Act we1119 nlI1 ¥2teiYients. sofar as the charity. These fmandal ststements have prepwed in aCrdanc* wilh the ProSK for0an185 5Ject to the Sm1 coffyanies, re9irne. and wilh the Finant?al Rerknt"n9 Stsn¢Jard 102. These ffinancial ststsments were approved ty Ihe direct5 on.... ...l..? :. ¢¥). . Io i.1.. 2021 and are signed on their beh4f by= bie Hawker tA"rèctor Th• notes on pages 7 10 9 forni part of these financial statements.
Page 7 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020 AccouKfiNG POLICIES Basis of pr•paraQion The financial statements have l)een wepared under the lystowical cost 1Vention, and in accordancè the Stateffl¢nt of Recommended Pract ISORPI, "AccountiThJ and Reporting by Chanttes (revised 20191-. the Finan(#al ReporliThJ Standard 11r2 and the Crynpanie5 Act 2006. Fund accountlng General ftjnds are unrestricled funds which are available for use at the d¢tion of the trusts8s in furtherance of the general obJ'ectNes of the tharity and have not been designated for Designated funds ¢omprise unrestricled fuThJs ihat have been sel aside by the tru51ee5 for parti¢ular purposes. Reslri¢led luThJs are funds which are to be used in acc¢ydance with spec¢fic restrictions imposed by donors or whicth have been raised by thè charity for parb"¢ular FXJfPOS8S. The c051 of rassirMJ and administering such funts are charged agaw)si the speryfic lund. Investment incCe and gains a allocated to the apprriate fund. Incoffling resources l Incornw reSJrces are iTV{led in the stslemeni of financial activit when thè charity is legally enliued to the income and amount Ixn be quantifiad with reasmable accuracy. No 8mounts are irKluded in the finaKial ststements for SeThI donated by volunteers. Re$our¢es expwthd l expenditure is a(nI for on an accrual$ basis arKI has been dassffied under headings th* aggregate all $ts related to the categw. Fund-raisin9 costs are those bncurred in seekn.ng vduntary contn"butKsns aryj do not include the costs of disseminating inlom)alion in supwrt of Ihe charitable activities. Management and IministralK)n costs are those incuned in nnei wth administration of the charity and compliance wilh conststutional aTrJ stshrt(¥y wunentS. Tangible fixed ass•ts Tangle fixed assets are stated at C51 less depreciation. Assets are capitased il Ihey have a useful lrfe of more than one year and a cost ¥ae greater than £250. Depreciatic is provided at the folkwi.ng annud rate5 in wder lo write off the value of ead) assel over its expected useful lrfe: - Van5 20% on cos¢
Page 8 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020 DONATIONS & LEGACIES 2020 2019 Donations received Gift A•J reclaimed 35.205 22.075 1.104 36.166 23.179 COSTS OF CHARITABLE ACTMTIES 2020 2019 Prcqect costs Van expenses Rent and estslJishThEnl costs Voluntèer expenses Offe equipment and expenses Accountancy 13.035 1.872 17.503 1.346 432 6.664 1.002 13,644 1.094 525 275 34.188 23.204 TRANSACTIONS WtTH DIRECTORS AND RELATED PARTIES The directors neither CeIved waived any emUmentS or expenses in the oJrrent or previous year and trre werè no other related paty transactions.
Pag• 9 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020 S. FIXED ASSETS Van To181 Cost At 1 D&¢ 2019 aThl 30 Nov 2020 4,722 4.722 Oeprecb•tion At 1 Dec 2019 arKI 30 Nov 2020 Net book value At 1 Dec 2019 aThY 30 Nov 2020 DEBTORS 2020 2019 Gift Aid debtor 2.065 1.104 CREDITORS: Amounts falling due wtthin one year 2020 2019 Othor creditors 2,897 INDEPENDENT EXAMINER REMUNERATION There was no remuneration recwved by Ihe d)arty'$ independent examiner for the examination of the accounts.