Flower Estate Family Actlon (Registerod Charlty number 11418001 (Company Ltd by Guarantee Number 3812051) Flnancia'l Statements for the year ended 31 July 2021 Contents Page Legal and administrative information Trustees, report Examiners Teport Statement of financial activities Balance sheet Notes lo the financial ststements
Flower Estate Family Action Legal and adminsstrative Inlomiatlon Trustees Elaine Yales John Kite Michele Ward Company Secretsry John Kite Company number 3812051 Rggistered Charity number 1141800 Registered offico 153 Foxglove Road Sheffield S56FP Accountant Craig Williamson While Rose A¢¢ounting for Charities The Ghyll Threapland Aspatria CA7 2EL Bank National Westminster 42 High Sireel Sheffield S12GE
Flower Estate Family Action Trust••s report The Trustees present their annual report and financial statements for the year ended 31 July 2021 which are also prepared lo meet the quirementS for a directors. report and accounts for Companies Act Purposes. The financial statements compy with the Charities Acl 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their 8c¢ounls in accordance with Ihe Financial Reporting Standards for Smaller Enlilies. Structure, governance and management Governing document Flower Estate Family Action is a charitable company limited by guaranlee, incorporated on 22 July 1999 and registered as a charity on 11 May 2011. The company wa5 established under a Memorandum of Associalion, which stales the objects and powers of the company and is governed under its Articles of Association. Reserves Policy In line with the Charity Commission quidelines on reserves it is the policy of Flowe Eslater Family Action to aim to maintain unrestricted funds, which are the free reserves of the charity, at a level that equates lo approximately three to six months expenditure. This Provides sufficient funds lo cover management, administration and support costs and to respond lo emergency applications for grants that arise from lime to lime. On current expenditure levels. the forecast for six months running costs is in the region of £30,000. As al 31 July 2020 our reserves sland at £20,761. Chairs Report FEFA have faced another challenging year with COVID 19, social distancing and lookdown restrictions meant we had lo close the premises to the general public but continued lo support the local community from the front door. We supported those most in need in a COVID safe manner and gained the COVID Safe rating from Sheffield City Council. We continued to keep in touch with our learners through text, phone calls, zoom meetings and zoom craft sessions. Vle expanded our services to provide weekly food parcels in partnership with Fareshare & Flower TARA. We became a community collection hub for Food Wofks Sheffield which enabled local people to buy frozen meals al only a £1 each and we also referred lo the local food bank. Working with Flower TARA and other local TARA'S we provided a number of basic essentials packs thanks to funding from the Community Fund. We were the chosen charity for John Lewis who helped us provide Christmas Hampers and gifts for our nominate a neighbour project. This was very hard work but thanks lo volunteers helping with packing and delivery it was a great success. We had amazing feedback with some being very emotional. We continued lo react quickly lo the needs of the local community adapting our services accordingly. This flexibility, we feel, plays a major part in helping local people when they need il the most. We are starting lo see 8 light al the end of the tunnel but this also brings more challenges. The centre manager (Lesley) 3nd trustees have still been working hard lo secure funding and thanks go loLesley and the trustees for their tireless support. Elaine Yates
Flower Estate Famlly Actlon Trustees report Trustees responsibilities for the financial statements Company law requires the trustees to prepare financial statements for each financial period which show the stale of affairs of the charity and of net income or expenditure of the Company for that period. In preparing those financial statements, the Trustees are required to.. select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prLJdent. CJ prepare the fin3ncial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in operation. stale whether applicable accountihg standards of recommended practice have been followed subject to any departures disclosed and explained in the financial statements. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and enable the Trustees lo prepare financial statements. The Trustees are responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention of fraud and other irregularities. This report has been prepared in accordan with the special provisions for small companies under Part 15 of the Companies Act 2006. This report was approved by the Trustees on IZ their behalf by.. I I I ZJ and is signed on Elaine Yates Chairperson
Flower E3tate Famlly Aetlon Independènt Examlner's report on the Accounts of Flower Estate Family Actlon for th• year ended 31 July 2021 I report on the aecounts of the company for the year ended 31 July 2021 which are set out on pages 6 to R8$ptiVe responsibiliti8s of trust88$ and •xamin8r The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required loi this year under section 144121 of the Charitiès Act 2011 Ithe 2011 Act) and that an independent examination is needed. 11 is my responsibility to-. Q examine the a¢counts under section 145 of the 2011 Act." Q to follow the procedures laid down in thè general Directions given by the Charity Commission under section 14515llbl of the 2011 Act., and Q lo slate whether particular matters have come to my attention. to slate whether particular matters have come lo my attention. Basis of Ind•p•nd•nt axamlnèr's report My examination was carried out in accordance with the gener81 Diieetions given by the Charity Comrrission An exarnirialion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items 01 disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limitèd to those matters set out in the statement below. Independent examiner's statement In connection with my 8xarnin3lion. no matter has come to my attention.. 111 which gives me asOnable cause to believe that in any material respect the requirements.. lo keep aceounling records in accordance with section 386 of the Companies Act 2006., and lo piepare accounts which accord with thè accounting cOrdS, comply wth the accounting requirements of section 396 of the Companies Act 2006 and with the rnelhods and principles of the Statement of Recommended Practice.. Aeeounting and Reporting by Charities have not been met., or 121 to which accounts t opinion, atlentlDn should be drawn in order to enable 8 proper understanding of the ed Signed.. Craig Williamson INhile Rose Accounting lor Charities The Ghyll Threapland Aspatria CA7 2EL Date..
Flower EstatÈ Family Actlon statement of Financial Activltles for the year ended 31 July 2021 Unrestricted funds Restricted funds Total 2021 Total 2020 Notss Incoming resources Grants Training & childcare income Donations Room hire Total Incoming resource5 1.216 6,955 394 2,360 10,925 62,875 64.091 6,955 394 2.360 73,800 24,528 17,120 1,666 4,448 47,762 62,875 Resources expended Salaries Childcare Tutor and course costs Projects and activities IT equipment Insuran stationery and postage Telephone utilities and rates Covid 19 Accountancy Other expenditure Total resource3 expended 3,106 20,811 2,901 5,922 17,850 3,500 26,223 2,828 4,623 2.112 190 2,901 5,922 18,532 4.039 645 41 682 539 645 41 69 820 1,763 1,800 220 699 41,347 2,240 2,240 413 220 170 59.624 413 220 170 8,227 51.397 Net loutgolng)Ilncomlng resources 2,698 11,478 14,176 6,416 Total funds brought fonvard 18,063 8,790 26,853 20,437 Total funds carrled forward 20,761 20,268 41,029 26,853
Flower Estate Famlly Actlon Balanc• She•t as at 31 July 2021 2021 2020 Notss Current Assets Debtors Balance al bank and cash Total current assets 41,249 41.249 27,076 27,076 Creditors.. amounts falling due within one year (2201 {220) Net current assetsl{liabilitiesl 41.029 26,856 Total assets108s current Ilabllltles 41,029 26,856 Total net assets 41,029 26.856 Represented By FUNDS Unrestricted funds Restricted & Fund holding 20,761 20,268 41,029 18,063 8,790 26,853 For the year ending 31 July 2021 the company was entitled to exemption ffom audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities., The members have not require(J the company to obtain an audit ot Its accounts for the year in question in accordan with section 476, The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation ot accounts These accounts have been prepared In accordance with the provisions applicable to companies subject to the small companies regime. The tinancial statements are approved by the Board on on its behalt by: and signed S Ycthr Elaine Yates Chair
Flower Estste Family Action Not•s to the flnanclal statements for thè yoar •nd•d 31 July 2021 Accounting Polielès (al Basis of preparation The Financial Statements have been prepared in accordan¢e with the Companies Act 2006, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021, and the Accounting and Reporting by Charities.. Staternenl of Recommended Practice applicable lo Charities preparing their accounts in accordance with FRS102 leffective frorn January 2015 and updated with effect from January 20161- Ithe Charitie5 SORP IFRS10211, as modified for 8rnallèr charities. The Charity meets the definition of a public benefit enlrty as defined under FRS102. Ibl Incoma Grants donations and Income frorn charitable trading activities are recognised in full in the Statement of Financial Activities in the year in which they are recèived. Icl Restricted Funds Restricted fund5 are used for specific purposes as laid down by thè donor. Expenditure which meets the crileiia is Identilied to the fund together with a fair allocation of management and support wsts Idl Unrostrlctod Funds Unrestricted Funds are other income reiVed or generated for the objects of the Company wthout further specified purpose and are available as general funds. lel Resources expended Re50urrEs expended are included in the Statement of Financial Activities on an accruals ba51S, inclusive of V A.T. The cornpany is not VAT registered. lfj Tangible Fixed Assets and Depreciation Depreciation is provided on all tangible fixÈd assets at rates calculated to write Off the cost of each asset over its useful life. At present there are no fixed assets. Igl Fund Accounting Funds held by the Cornpany are either restrictec5 funds or unrestricted general funds. Unrestricted fvnds are funds which can be used ill accordanee with the chariiable objects at the discretion of the trustees. Restricted fvnds that Can only be used lor a particular re511icled purposes within the objects of the Cornpany Restrictions arise when specified by the donor orwhèn funds are raised for particular restricted purposes.
Flower Estat• Famlly Acllon Notes to the financial 5tat•ments for th• year ended 31 July 2021 Creditors., amounts falling due within one year These are expenses that have been incurred but have not been billèd or paid lor during the accounting period. They are in respect of.. 2021 2020 Accural 220 220 220 220 Grants Total 2020 T¢lal 2019 Awards for All Brelms Trust CIC The Co-operative Foundatation John Lewis HMRC Job Retention Scheme Henry Smith Charitable Foundation Sheffield City Council- COVID Sheffield City Council Sheffseld City Counal- Capital SOAR South Yorkshire Community Fund Flower Estate TARA TESCO Voluntary Action Sheffleld Total 9,156 4,800 573 1.200 16 22.000 4,900 12,550 4,994 6,894 3,624 7.830 1,508 4,486 1,280 500 500 24.528 1.808 64.091 R•strSctdèd funds and fijnd holding movements Brought fOard Carried fornard Incorne Expenditure Awards for All Brelms Trust cic The Co-operative Foundatation Flower Estate TARA Henry Smith Charitsble Foundation SCC - Community Champions SCC - Community Fund Activity Pack$ SCC- HAF SCC- Zoom Crafts SCC- Laptops SCC- COVID Sew easy SOAR- Holiday Hunger 9,156 19,1561 11,0401 1721 14191 116,2891 11,1921 17001 17001 11,1501 -4.994 18,67S1 1,040 573 1.808 22,000 10,000 700 700 1.150 4,994 4,900 501 1,389 5,711 8.808 7.350 400 3,574 285 6,894 62,875 16,894 151,397 8,790 20,268