THE BESOM IN CAMBRIDGE FINANCIAL STATEMENTS FOR YEAR ENDED 30 NOVEMBER 2022 Company Numb•r 07434303 Charity number 1139723 *AC8•TIN5' 3010812023 COMPANIES HOUSE #139 THE BESOM IN CAMBRIDGE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2022 CONTENTS PAGES Members of the board and professional advisers Directors, report 2to3 Independent examinerfs report to the directors Statement of financial ackn'vities Balance sheet Notes to the financial statements 7t09 Page 1 THE BESOM IN CAMBRIDGE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Directors John Cooper Mark Harbour Debbie Kisekka Company Secretary Felix Heame Registerèd offi¢• Unit 7 Ronald Rolph Court Wadloes Road Cambridge CB5 8PX Independent Examiner Matthew Baker ACA Page 2 THE BESOM IN CAMBRIDGE DIRECTORS. REPORT YEAR ENDED 30 NOVEMBER 2022 The directors present their report and the ffinanaal statements of the company for the year ended 30 Novembef 2022 GENERAL INFORMATION The Besom in Cambridge is a company limited by guarantee. regislered in England and Wales. incorporated on 9 November 2010. govemed by its Memorandum and Articles of Association. The company was granted charitabie status by the Charity Commission on 6 January 2011 and 15 registered as charity number 1139723. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member. DIRECTORS The directorsltrustees, also the members, who served the company during the year were: John Cooper Mark Harbour Debbie Hawker (￿sIgned June 2023) Debbie Kisekka Trustees have responsibilty for overseeing the work and for the effective IMP￿Mentation of policy. New trustees are appointed by ordinary resolution. We seek to find trustees who are excited by the Besom's vision, who have had exFerience of the day to day running of Besom or who have been involved in weekend projects with dients. Trustees aim to meet at least 5 times per year. OBJECTIVES The objectives of the company as laid down in the Memorandum and Articles of Association are as follows.. To relieve finanaal hardship and sithness and to promote and preserve good health by the provision of funds, goods or services of any kind in Cambridge and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit. and to fvlfil such other purposes which a￿ exclusively charrtable according to the law of England and Wales and are connected wrth the charitable work of the Charity. PUBLIC BENEFIT The Besom in Cambridge is a wblic benefft entity. The charity trustees have complied wrth their duty to have due regard to the guidance on public benefit published by the Charity Comfnission in exerosing their powers and dutRs. Page 3 ACHIEVEMENTS IN YEAR We have been able to ¢olle¢t and deliver esserrtial fumiture and white goods and provide bedding and starter packs to those being housed in the Community by the council. We have also facilitated church teams to do gardening and painting projects for people in need throughout the City. 'Baby bundles, have been provided to those in the community through the outreach in Swwston. FINANCIAL REVIEW The company's financial wsrtion at the end of the year is shown in the attached financial statements. General reserves of £6.861 were held at the end of the year. In the Trustees. view, the charity's reserves should provide the Charity with adequate financial stability and the means for it to meet its charitable objecttves for the f¢￿eSeeable future. The Trustees review the level of reserves at their Trustees. meeting. The Trustees do not consider that there are any material uncertainties about the Charity's ability to continue as a going concem as at the date of this report. This report was approved by the direciors on ...... on their behalf by-. 23108123 2023 and is signed Mark Harbour Director Page 4 THE BESOM IN CAMBRIDGE INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS I report to the charity trustees on my examination of the accounts of The Besom in Cambridge for the year ended 30 November 2022. Responsibillties and basis of report As the chanty's trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance wrth 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 nder 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 Acf). In carrying out my examination I have followed the Directions given by the Charty Commission under section 145(5) (b) of the 2011 Act. Inde￿ndent examiner's statement I have completed my examination. l confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. 1. 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 Act other than any requirement that the accolints give a 'true and fair view which is not a matter consKlered as part of an independent examination.. or 4. the accounts have not been prepared in accordan￿ wilh the rnethods and principles of the Statement of Recommended Practice for accounting and reporting by charrties 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 concefns 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 he accounts to be reached. Signed.. Name" Matthew Baker ACA Address: 27 Rampton Drrfl. Longstanton. CB24 3EH Date.. 13 August 2023 Paqtr 6 THE BESOM IN CAMBRIDGE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30 NOVEMBER 2022 Unrestricled Totals Funds 2022 Totals 2021 INCOMING RESOURCES Donations & legacies 33,246 33.246 34.714 TOTAL INCOMING RESOURces 33.246 33,246 34.714 RESOURCES EXPENDED Charitable activities 31,475 31.476 33.930 TOTAL RESOURCES EXPENDED 31.475 31.475 33.930 NET INCOMING RESOURCES FOR THE YEAR 1.771 784 Balances brought forward 5.090 6,090 4.306 Balances carr￿1 fofward 6,861 6,861 5.090 Th• notes on pag•s 7 10 9 forni part of thts• Ilnan¢lal statements. Page 6 THE BESOM IN CAMBRIDGE BALANCE SHEET 30 NOVEMBER 2022 NOTE 2022 2021 FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors Cash at bank and in hand 761 6.109 1,653 3,436 6.860 5,089 CREDITORS: Amounts falling due within one year NET CURRENT ASSETS 6,860 5,089 NET ASSETS 6,861 5.090 FUNDS General reswve5 6,861 5.090 TOTAL FUNDS 6.861 5.090 The dire¢tor$ are sats"sfied that thè ¢*arity is erth to exenwb.on from the pro¥isicYu8 of the Companies Act 2C(6 (the Act) iesating to the audrt ofthe 8c£ountslor thè year by vwlue of séction 477. and that M member or members have requested an audit wrsuanl to sed#M 476 of the Acl. The direettsrs aLkncA¥ledge th* resp)n*￿.1ty lor.. complying with Ihe rewirements of the AG* with res￿1 a¢v)Ur￿"ng Tecords and the preparab.on of aets)urrts." preparing acts)unts vknith gN* • and fair VEW of thè slat8 of affairs ofthe ¢h8rity as 8t lh& end of the nanttal year and of rts ntrt inL¥)ming or oulgoing resourc*s for ihe fiTran￿al year in xcordance with the r¥quiremeThts of thg Ad relabng lo finarKaal slatements. so far as appI￿ab￿ 10 th8 tharty. These financial statements have teen wepwed in ac1))rdar￿ wrth the provi8i0rng for companies 3ubjert to tht small crxTrpanv&$' ￿lMo. and wrth the FinarKaal R¢po￿"n￿ Stsndard 102. 23108123 These financialstslemenlswereapwoved bythedireclotson.................................... and are signed on their behalf by.. 2023 Mark Harbour Director Th• notes on pages 7 to 9 fr*m• part Of thes• finan¢lal statements. Pag• 7 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2022 ACCOUNTING POLICIES Basis of pr•parallon The financial stalements have been Prepared under the historical cost convents"on, and in accor(lance wth the Statement of Recommended Practice ISORPI. "Accounting arvj Re0)￿"￿ by CharTbes (revised 20191.. the Financial Repth'ng Stand¥d 102 arKI the Companies Acl 2006. Fund a¢¢ounting General funds we unrestricted fvnds which are available for use at the discretion of the trustees in furtherance of the general ofy'ectives of the charity and whth have not been designated for othei purp)ses. Designated fvnds comprise unrestncted fvnds that have been sel aside by the trustees for Particular purposes. Restricled funds are funds which are to be used in accordance with specific festriclions imposed by donors or which have been raised by the charity for particular purposes. The cost of raiwng and administering such fvnds are charged against the specific fund. Investmenl income and gains are all(xated to the appropriate fvnd. In¢oming r¢source5 l incoming resources are included in the slateffenl of financial activities when the charity is leg811y enlilled to the income and the amount can be quanlffied wrth reasonable accuracy. No amounts are included in the financial statements for Se￿￿ donated by volunteers. R•sour¢•s •xp•nthd All expenditure is accounted for on an accruals bays and has been cLassified under headings that aggregate costs related to the categ¢Jry. Fund-raising costs are Ihose incurr&l in seeking voluntary ￿ntributIOnS and do not inclLEde the costs of disseminating information in support of the charitable o¢tivitP5. Management and administrab.on costs are those incurred in connection with administration of the charity and eonwliance with conslrtutional and stabJiory requirements. Tanglble fixed assets Tangible fixed assets are stated at cost ￿ depreciation. Assets are capilalised if they have a useful life of more than one year and a cost value greater than £250. Depreciation is provided at the follwrMJ annual rates in order to write off the value of each asset over ils expected useful life.. - Vans 20% on cost Pag¢ 8 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2022 DONATIONS & LEGACIES 2022 2021 Donations received Gift Aid reclaimed 31.487 1,759 33.C61 1.653 33,246 34,714 COSTS OF CHARITABLE ACTIVITIES 2022 2021 Project costs Van expenses Rent and establishment costs Volunteer expenses Office equipment arbd exFen5es 9.141 2.804 16.178 274 3,078 14.114 1,240 16.917 394 1,265 31,475 33.930 TRANSACTIONS wrrH DIRECTORS AND RELATED PARTIES The directors neither received nor waived any emoluments or expenses in the t)Jrrent or Previous year and there were no other related party transact￿nS. Page 9 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2022 5. FIXED ASSETS Van Tolal Cost At 1 Dec 2021 and 30 Nov 2022 4.722 4.722 Depre¢iation At 1 Dec 2021 and 30 Nov 2022 4.721 Net book valu• At 1 Dec 2021 and 30 Nov 2022 OEBTORS 2022 2021 Gift Aid debtor Prepayments 250 501 1.653 751 1,653 INDEPENDENT EXAMINER REMUNERATION There was no remuneration recetved by the charity's independenl examiner for the examination of the accounts.