THE BESOM IN CAMBRIDGE FINANCIAL STATEMENTS FOR YEAR ENDED 30 NOVEMBER 2023 Company Number 07434303 Charity number 1139723 Illl 'ADIJ16FQJ' 3010812024 MPANIES HOUSE A18 #110 THE BESOM IN CAMBRIDGE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2023 CONTENTS PAGES Mernbers of the board and professional advisers Directors, report 2to3 Independent examinerfs to the diredors Statement of financial acti)*ities Balance sheet Notes to the financial statements 7t09 Page 1 THE BESOM IN CAMBRIDGE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Directors Rachel Halewood Ben Moore John Cooper Mark Harbour Debbie Kisekka Company Secretary Felix Heame Registered office Unit 7 Ronald Rolph Court Wadloes Road Cambridge CB5 8PX Independent Examiner Matthew Baker ACA Page 2 THE BESOM IN CAMBRIDGE DIRECTORS, REPOI YEAR ENDED 30 NOVEMBER 2023 The directors present their report and the finanoal sL*ements of the company for the year ended 30 November 2023. GENERAL INFORMATION The Besom in Cambridge is a company limited by guarantee, registered in England and Wales, incorporated on 9 November 2010, govemed by its Memorandum and Artides of Association. The company was granted charitable ststus 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 liability in respect of the guarantee is limited lo £10 per member. DIRECTORS The directorsAnJstees. also the members. who served the company during ihe year were: John Cooper Mark Harbour Debbie Hawker (resigned 5th May 2023) Debbie Kisekka Rachel Halewood (appointed 17th October 2023) Direct¢ysArustees appointed after the end of the year. but before the signing of the financial statements, were: Ben Moore (appointed 2710312024) Trustees have responsibility for overseeing the Work and for the effective implementation of policy. New trustees are appointed by ordinary resolution. We seek to find trustees who are excited by the Besryn's Vi￿On, who have had experience of the day to day running of Besom or who have been involved in weekend projects wth dients. Trustees aim to meet at least 5 times per year. OBJECTIVES The objectives of the company as laid down in the Memorandum and Arbdes of Association are as follows: To relieve financial hardship and sickness and to promote and preserve 9ood health by the provision of funds. goods or services of any kind in Cambridge and in such parts of the Uniled Kingdom or the wodd as the Trustees frorn time to time may think fit. and to fulfil such other purposes which are exdusively charitable according to the law of England and Wales and are connected the tharrtable work of the Chaiity. PUBLIC BENEFIT The Besom in Cambridge is a public benefft entty. The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exerusing their pJvers and duties. Page 3 ACHIEVEMENTS IN YEAR We have been able to colW and deliver essential fumrture and vthite goods and provide bedding and slarter packs to Ihose being housed in the community by the council. We have also facilitated church teams to do gardening and painting projects for people in need Ihroughout the City. 'Baby bundles, have been provided to those in the community through the outreach in Sawston. FINANCIAL REVIEW The company's financial position at the end of the year is shown in the attached financial statements. General reserves of £3,553 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 charitsble objectives for the f¢xeseeable future. The Trustees review the level of reserves at their Trustees. Meeting. The Trustees do not consider that there are any material uncertainties atyjut the Charty's ability to continue as a going Gr￿￿M as at the date of this repcxt. This report was approved by the directors on twenty-sevenlh August 2024 and is signed on their behalf by.. Mark arbour 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 acctunts of The Besom in Cambridge for the year ended 30 November 2023. Responsibilities and basis of report As the charity's tnjstees (and also its directors for the purposes of company law) you are responsible for the preparati(m of the accounts in accordance wilh the requirements of the Companies Act 2006 {'the 2006 Aci,). 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 {Ihe 2011 Acf). In carying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examinerfs 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 Acl., or 2. the accounts do not accord wth those records" or 3. the accounts do not comply with Ihe 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 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charits'es applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102). I have no concems 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. Signed: Name: Matthew Baker ACA Address: 155 High Street, Longstanton, CB24 3BT Date: 17/oÉ/>f Page 5 THE BESOM IN CAMBRIDGE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30 NOVEMBER 2023 Unreslricled Totals Funds 2023 Totals 2022 Not• INCOMING RESOURCES Donations & legaaes 25.795 25,795 33.246 TOTAL INCOMING RESOURCES 25.795 25.795 33.246 RESOURCES EXPENDED Charitable activities 29,103 29.103 31.475 TOTAL RESOURCES EXPENDED 29.103 29.103 31.475 NET INCOMING I (OUTGOING) RESOURCES FOR THE YEAR (3.308) (3.308) 1.771 Balances brought foNiard 6,861 6.861 5,090 Balances carried fLThard 3,553 3.553 6,861 The not•s on pages 7 to 9 fomi part of these financial stst•m•nts. Page 6 THE BESOM IN CAMBRIDGE BALANCE SHEEr 30 NOVEMBER 2023 NOTE 2023 2022 FIXED ASSErs Tangible Assets CURRENT ASSETS Debtors Cash al bank and in hand 957 2.595 751 6.109 3.552 6,860 CREDITORS: Amounts falling due within one year NET CURRENT ASSETS 3.552 6,860 NET ASSETS 3.553 6.861 FUNDS General reserves 3.553 6.861 TOTAL FUNDS 3,5S3 6.861 The directors are 5absfied Ihat Ihe chanty is enb.ued to exernO'ty) frcvn the F¥LryiSiC*ts of the Companies Act 201 (the Act) relating to th• audit ol the account5 for Ihe year by vwtue (A section 477. and that no wr*mber or members have requested an audit pursuant to sectKJn 476 ofthe hLt. The directors acknowl9d￿ Ih8ir reSF￿1t￿Ity tr. comF4wrvJ with the requirernents of 7Mth f*spectlO a¢lXMJrtin9 recor¢s and thè preparation of accounts. (ul prEparir¥J accounts gve a irue and fair view of the stste of aflaffs of Ih¢ tharity as at lh¢ ¢nd of Ihe financial year and of its net inu)ming ￿ ¢Xrt￿ry resources for the fina￿131 year in accordance with the TewiTemenis of Ihe Act relaimg to financial slatements. y) far as applicable to the chanty. These finanual statements have been prepared in acccffdance ￿1h the provisions fcy OYnpan￿ suty'ectto the small cornpanies. regime. and vmh the Finarval Repth"ng Stsndard 102. These financial statements were approved by the directots on 27 August 2024 and are signed on the Mark F ur Direc1( The notes on pages 7 to 9 ft>rm pwt of these financial statements. Page 7 THE BESOM IN CAMBRIDGE NOTES TO ThE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2023 ACCOUNTING POLICIES Basis of preparatlon The financ¢al statements have been prepared Ltnder the hi51orical cost eonvention. 8nd in accordance with the Statement of Recommended Practice ISORPI, -Accounting and Rewting by Charits'es (revised 2019r, the Finanaal RepNb"ng Stsndard 102 and the Companies Act 2(K)6. Fund accounting General funds are unfestrided funds whith are available for use at the discretK)n of the truslees in lurtherance of the general objectives of the tharity and which have r￿￿ been deS￿nated for other purwses. Designaled fijnds ¢￿prise unrestricted funds that have been sel aside by the Iruslees for particular purposes. Reslricted fijnds are funds which are to be used in accordance with specifi restrictions imposed by donors or which have been raised by the charity particular purposes. The cost of raising and administerirvJ such funds are Ch￿ed against Ihe specific fvnd. Investment income and gains are allocated to the aptwiate fund. Incoming resources All incoming resources are included in the slate￿￿nt of financial activities when the eharty is legally entrtled to the income and the amount can be quanlffied wtlh ￿asonable accuracy. No amounts are included in the financtal statements for serrftces donated by volunteers. Resources exp•nded All expenditu￿ is accounted for on an accnJals basis and has been classified under headings Ihal aggregate all costs related to the Category. Fund-raising costs a￿ those incurred in seeking voluntary contribulions and do not include the osts of disseminating infomation in support of the charitable activities. Management and adminislralion costs are those incurred in connection administration of tho Charity and compliance with consts"tukn"onal and stalutory requirements. Tangible fixed assets Tangible fixed assets are stated at cost less deweuatson. Assets are capitalised rf they have a useful life of more than one year and a cost value grealer than £250. Depreciation is provided at the fdlowing annual rates in order to WTite off the value of each a$5et over its expectsd usefvl life: - Vans 20% on cost Page 8 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2023 DONATIONS & LEGACIES 2023 2022 Donations received Gift Aid redaimed 23,429 2.366 31,487 1,759 25.795 33,246 COSTS OF CHARITABLE ACTivrriES 2023 2022 Project costs Van expenses Rent and eslablishmenl costs Volunleer expenses Off￿e equiprnent and expenses 9,068 755 15.T13 515 2,992 9.141 2,804 16,178 274 3.078 29.103 31,475 TIIANSACTIONS V¥trH DIRECTORS AND RELATED PARTIES The directrxs nefther received nor waived any emoluments or expenses in the current or previou5 year and there were no other related paty transactions. Page 9 THE BESOM IN CAMBRIDGE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2023 5. FIXED ASSETS Van Total Cost At 1 Dec 2022 and 30 Nov 2023 4.722 4,722 Depreciation At 1 Dec 2022 and 30 Nov 2023 Net book value At 1 Dec 2022 and 30 Nov 2023 DEBTORS 2023 2022 Gift Aid debtor 250 INDEPENDENT EXAMINER REMUNERATION The￿ was no remuneration recwved by the chariVs independent examiner for the examinath)n of the accounts.