**REGISTERED COMPANY NUMBER: 07294713 (England and Wales) REGISTERED CHARITY NUMBER: 1151926** 

## **REPORT OF THE TRUSTEES AND** 

## **UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **FOR** 

**THE C.R.U.M.B.S. PROJECT** 

Paget Reid York 96 Castle Lane West Bournemouth Dorset BH9 3JU 



**THE C.R.U.M.B.S. PROJECT** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**|9|to|10|
|**Notes to the Financial Statements**|11|to|22|
|**Detailed Statement of Financial Activities**|23|to|24|





**THE C.R.U.M.B.S. PROJECT** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020** 

The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report, incorporating the directors' report, with the financial statements for the charity for the year ended 31 December 2020. 

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006 and with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019) and the Financial Reporting Standard 102 'Financial Reporting Standard applicable in the UK and Republic of Ireland' section 1a. 

## **OBJECTIVES AND ACTIVITIES** 

## **Charitable Objective** 

"The promotion of education and social inclusion of disadvantaged individuals with….by providing learning and training designed to assist in progress towards better employment and a more independent life through vocational training…." 

The charity carries out those objectives through providing professionally recognised training in catering, housekeeping and administration that provides opportunity for trainees to achieve Institute of Hospitality endorsed awards at foundation certificate, certificate and diploma levels. 

Education and social inclusion through training is key to fulfilling the charities objectives and all activities are measured against those objectives. 

## **Public Benefit** 

The trustees are mindful of the requirements for meeting the public benefit test. The charity provides pre-employment professional and vocational education and training for those with mental illness, stabilised addiction and a range of learning  disabilities while providing a food service to the local community. It is felt this satisfies such criteria. 

Page 1 



**THE C.R.U.M.B.S. PROJECT** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **ACHIEVEMENT AND PERFORMANCE** 

Crumbs is a small charity that has, along with the wider charity sector, been impacted by the pandemic over a prolonged period of time. The need to rethink, refocus and re-engineer the work of the charity has been essential to ensure both its long term resilience and that it can meet its charitable objectives in the post Covid, economic and social environment. 

The trustees have undertaken a comprehensive review of all of the activities of the charity as part of the resilience planning for the future of the charity and have recognised that there was a financial imperative to take action to secure a more resilient financial position and that the core training objectives were central in any restructuring. In reviewing all of the charities activities, those activities were tested against the charitable objectives and the financial considerations. This process has led to the withdrawal from commercial food service activities given the volatility and uncertainty in  the types of community related services that were being provided, and concern that pressure to provide those services would distract from the training objectives. 

This restructuring led to a number of redundancies, and has now been completed. The new organisational structure is considered to be fit for purpose in delivering as primarily a training organisation. 

Pre-pandemic trainees would attend our professional training centre for all aspects of their programme. In order to maintain engagement with the trainees during the lockdown periods a number of strategies were put in place to facilitate continuation of the programme, but also to further engage the trainees and their development in the use of digital technology, especially as it affects their everyday lives. This hybrid model has proven to be very successful and will remain a feature of the vocational and pre employment training. 

The charity has received Government interventions in relation to furlough payments whilst closed and a local authority recovery grant. 


## **FINANCIAL REVIEW** 

The unrestricted funds on the income & expenditure account shows a surplus of £11,970 for the year after depreciation of capital equipment of £14,195. 

In addition a further £2,733 was spent on new capital equipment in the year. 

The balance on the restricted funds of £51,207 is higher than expected; largely due to the Trustees decision to delay purchasing a replacement vehicle (£17,325 ) due to uncertainty caused by Covid closures, and a donation received in December distributed in January. 

The restricted funds income does not include £88,842 of deferred grant income mainly relating to future staffing costs, compared with £86,260 for the previous year. 

## **Reserves Policy** 

The trustees consider £170,000 representing approximately six months of salaries and overhead expenses is a reasonable amount to be kept as unrestricted free reserves. At the balance sheet date this figure stands at £182,599. 

## **Investment policy & objectives** 

In view of the nature of the Project, funding reserves are considered best held as cash accounts with CAF Bank, Hodge Bank, and Shawbrook Bank. 

Page 2 



**THE C.R.U.M.B.S. PROJECT** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **FUTURE PLANS Non-financial aims and objectives 2021** 

The organisational restructuring and focus on training supports the aim of increasing the number of funded trainees whilst developing a wider engagement through a lottery funded project to give trainees a great voice in their future and their lives. 

The charity will be working with the local authority to explore additional training funding streams as well as to better understand the actual cost of training compare to the fees actually received. 

To manage the return to training in a Covid secure manner and enhance the professional skills aspect of the vocational training and raise the aspirations of the trainees. This will be achieved through changing the training structure as well as initiatives such as providing new professional uniforms for the trainees. 

Opportunities to enhance the work experience for trainees are now in hand through developing long-term relationships with a number of national catering food service companies that have a good local presence. 

The online and digital presence for the trainees will continue to be improved through the online Crumbs Campus where 40+ online learning resources are now available. Support has also been received from funders to purchase additional laptops to facilitate the online opportunities for trainees who may not have such devices. A project funded through a digital recovery fund has allowed the charity to pilot a new content management system that can be customised directly to individual charity needs. 

Page 3 



**THE C.R.U.M.B.S. PROJECT** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing Document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

Previously, the activities of the charitable company were undertaken through an unincorporated charity, number 1061688, 'The Crumbs Project'. Its constitution was adopted on 13th November 1996 as amended on 12th March 1997 & 7th October 1998, and was registered with the Charity Commission from 7th April 1997. The assets of the charitable trust were transferred to the charitable company on 1st June 2013. The current Memorandum and Articles were adopted in 2017. 

## **Management Structure** 

The Board of trustees meets bi-monthly, with additional meetings as required. During the pandemic all meetings have been held by Zoom, with an enhanced frequency including the work of subgroups, to review the charities activities and operations in the light of the pandemic, resulting in a detailed resilience and restructuring plan, since implemented. 

The day to day management of the centre and the training is controlled by the Training and Development Manager supported by the Head of Professional Training. 

## **Recruitment and appointment of trustees** 

The trustees keep under annual review the governance of the charity including the policies and processes to ensure good practice is maintained. 

New trustees have been recruited to complement the existing skills and provide a professional vocational and educational focus. 

## **Induction and training of new trustees** 

Trustees are appointed for the skills and experience they can bring to the charity. On appointment they are provided with a trustee Induction Pack. Additional training is available through a number of local and national agencies including the Association of Chairs. 

## **Financial Controls** 

The charity has appointed a Finance Director who maintains overall control of the finances. 

## **Risk Statement** 

The Board has developed, refined a comprehensive Risk Register (covering operational, financial, Covid -19 and legal risks). 

## **Staffing** 

Trustees continue to appreciate the value of a strong inclusive teams consisting of staff members, volunteers, and trainees. 

## **Operations Manager** 

Leanne Miller (left 30.04.21) 

## **Training and Development Manager** 

Ursula Boardman 


Page 4 



**THE C.R.U.M.B.S. PROJECT** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

07294713 (England and Wales) 

## **Registered Charity number** 

1151926 

## **Registered office** 

96 Castle Lane West Bournemouth Dorset BH9 3JU 

## **Trustees** 

D Eyre L Pearse C Wakefield R Hogwood S Durrans J W Rook P Jones C Brookes J Stovold S Howard M Topliss (resigned 19.2.21) S Murcer (appointed 22.7.20) 

The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served during the year and since the year end are shown. 

## **Operations Manager** 

Leanne Miller (left 30th April 2021) 

## **Company Secretary** 

S Durrans 

## **Independent Examiner** 

Paget Reid York 96 Castle Lane West Bournemouth Dorset BH9 3JU 

## **Solicitors** 

Laceys Solicitors, 5 Poole Hill, Bournemouth, BH2 5QL 

## **Accountants** 

Paget Reid York, Chartered Certified Accountants & Registered Auditors 96-98 Castle Lane West, Bournemouth, Dorset BH9 3JU. 

## **Bank** 

CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. ME19 4JQ 

## **Operational address** 

The CRUMBS Centre, 20A Hibberd Way, Bournemouth BH10 4EP. 

Page 5 



**THE C.R.U.M.B.S. PROJECT** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020** 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

Approved by order of the board of trustees on 7 June 2021 and signed on its behalf by: 

P Jones - Trustee 

Page 6 



## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE C.R.U.M.B.S. PROJECT** 

## **Independent examiner's report to the trustees of The C.R.U.M.B.S. Project ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation 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 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 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** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of 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 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 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 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 concerns 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. 

James Paget Association of Chartered Certified Accountants Paget Reid York 96 Castle Lane West Bournemouth Dorset BH9 3JU 

7 June 2021 

Page 7 



## **THE C.R.U.M.B.S. PROJECT** 

## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2020** 

|Unrestricted<br>funds<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>3<br>45,232<br>**Charitable activities**<br>5<br>The Crumbs Centre<br>129,619<br>Investment income<br>4<br>1,055<br>Other income<br>6<br>25,625<br>**Total**<br>201,531<br>**EXPENDITURE ON**<br>**Charitable activities**<br>7<br>The Crumbs Centre<br>189,561<br>**NET INCOME**<br>11,970<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>216,999<br>**TOTAL FUNDS CARRIED FORWARD**<br>228,969|Restricted<br>funds<br>£<br>189,215<br>-<br>-<br>-<br>189,215<br>165,210<br>24,005<br>27,202<br>51,207|31.12.20<br>31.12.19<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>234,447<br>178,376<br>129,619<br>204,576<br>1,055<br>904<br>25,625<br>-<br>390,746<br>383,856<br>354,771<br>363,812<br>35,975<br>20,044<br>244,201<br>224,157<br>280,176<br>244,201|31.12.20<br>31.12.19<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>234,447<br>178,376<br>129,619<br>204,576<br>1,055<br>904<br>25,625<br>-<br>390,746<br>383,856<br>354,771<br>363,812<br>35,975<br>20,044<br>244,201<br>224,157<br>280,176<br>244,201|
|---|---|---|---|
||||383,856<br>363,812|
||||20,044<br>224,157|
||||244,201|



The notes form part of these financial statements 

Page 8 



## **THE C.R.U.M.B.S. PROJECT (REGISTERED NUMBER: 07294713)** 

## **BALANCE SHEET 31 DECEMBER 2020** 

|Unrestricted<br>funds<br>Notes<br>£<br>**FIXED ASSETS**<br>Tangible assets<br>12<br>46,370<br>**CURRENT ASSETS**<br>Stocks<br>13<br>1,250<br>Debtors<br>14<br>10,437<br>Cash at bank and in hand<br>15<br>179,806<br>191,493<br>**CREDITORS**<br>Amounts falling due within one year<br>16<br>(8,894)<br>**NET CURRENT ASSETS**<br>182,599<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>228,969<br>**NET ASSETS**<br>228,969<br>**FUNDS**<br>17<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Restricted<br>funds<br>£<br>-<br>-<br>-<br>140,049<br>140,049<br>(88,842)<br>51,207<br>51,207<br>51,207|31.12.20<br>Total<br>funds<br>£<br>46,370<br>1,250<br>10,437<br>319,855<br>331,542<br>(97,736)<br>233,806<br>280,176<br>280,176<br>228,969<br>51,207<br>280,176|31.12.19<br>Total<br>funds<br>£<br>57,832<br>2,700<br>9,147<br>285,352<br>297,199<br>(110,830)<br>186,369<br>244,201<br>244,201<br>216,999<br>27,202<br>244,201|
|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 9 



## **THE C.R.U.M.B.S. PROJECT (REGISTERED NUMBER: 07294713)** 

## **BALANCE SHEET - continued 31 DECEMBER 2020** 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 7 June 2021 and were signed on its behalf by: 

C Brookes - Trustee 

P Jones - Trustee 

The notes form part of these financial statements 

Page 10 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **1. STATUTORY INFORMATION** 

The charity is controlled by its governing document, a deed of trust, and constitutes a private limited company (07294713 England and Wales), limited by guarantee, as defined by the Companies Act 2006. The nature of the charitable companys' operations and its principle activities are noted in the Trustees Report. Registered office: 96 Castle Lane West, Bournemouth, Dorset BH9 3JU Place of business: Hibberd Court, 20a Hibberd Way, Bournemouth BH10 4EP 

## **2. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019), Financial Reporting Standard 102 'Financial Reporting Standard applicable in the UK and Republic of Ireland' & its Section 1A and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value. The presentation currency of the financial statements is pound sterling (£) and the accounts are rounded to the nearest £1. 

## **Financial reporting standard 102 - reduced disclosure exemptions** 

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': 

- the requirements of Section 7 Statement of Cash Flows. 

## **Income** 

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. 

Income from grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 

Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. 

## **Donated services and facilities** 

Donated services or facilities are recognised as income when the charity has control over the item, any  conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. 

The time of volunteers is not recognised, refer to the trustees' annual report for more information about their contribution 

## **Interest receivable** 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. 

continued... 

Page 11 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **2. ACCOUNTING POLICIES - continued** 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

Expenditure is classified as follows: 

Costs of charitable activities comprise the costs of providing facilities for café, bakery and training sales together with its associated support costs. 

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, repairs and maintenance costs, finance etc which supports the charity's activities. All support costs are deemed to relate to the costs of café, bakery and training sales, any costs related to other income methods are deemed to be immaterial. 

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Improvements to property - in accordance with the property Website - 20% on cost Furniture & fittings - 25% on cost Motor vehicles - 25% on reducing balance Computer equipment - 33% on cost 

## **Stocks** 

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The charitable company currently has no designated funds. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 


continued... 

Page 12 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **2. ACCOUNTING POLICIES - continued** 

## **Debtors** 

Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due. 

## **Cash at bank and in hand** 

Cash at bank and cash in hand includes cash held in no notice bank accounts. 

## **Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due. 

## **3. DONATIONS AND LEGACIES** 

|**DONATIONS AND LEGACIES**||||
|---|---|---|---|
|Unrestricted<br>funds<br>£<br>Donations<br>16,232<br>Grants<br>29,000<br>45,232|Restricted<br>funds<br>£<br>-<br>189,215<br>189,215|31.12.20<br>Total<br>funds<br>£<br>16,232<br>218,215<br>234,447|31.12.19<br>Total<br>funds<br>£<br>20,181<br>158,195|
||||178,376|



## **Restrictions in the year are as follows:** 

||£|
|---|---|
|Donations||
|For use against core costs (including salaries)|-|
|||
||-|
|Grants||
|For use against specific salaries and staff costs|37,053|
|For catering assistant salaries|6,667|
|For use against general core costs (including salaries)|14,161|
|For use against general salaries and staff costs|102,176|
|For use against general core costs (excluding salaries)|-|
|For use against Outreach salaries|2,333|
|For the purchase of toys and food boxes|5,000|
|For the purchase of a new van|17,325|
|For the purchase of uniforms|4,500|
|||
||189,215|
|||
||189,215|
|||
|||



Restricted grants include £55,768 deferred from prior years.  Grants received in the year of £58,350 have been deferred in the year.   Total deferred income at the balance sheet date was £88,842.. There were no donated goods and services in the year.   The value of volunteers is not recognised. 

continued... 

Page 13 



## **THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **4. INVESTMENT INCOME** 

|**INVESTMENT INCOME**|||||
|---|---|---|---|---|
||||31.12.20|31.12.19|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
|Deposit account interest|1,055|-|1,055|904|



**5. INCOME FROM CHARITABLE ACTIVITIES** 

||||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
|The Crumbs Centre|||||
|Café & bakery sales|35,807|-|35,807|102,499|
|Training sales|92,357|-|92,357|102,077|
|Other|1,455|-|1,455|-|
||||||
||129,619|-|129,619|204,576|
||||||



Training sales includes fees from Bournemouth Borough Council of £12,795 deferred from 2019. 

## **6. OTHER INCOME** 

|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||£|£|£|£|
|Covid-19|Job Retention Scheme Grants|25,625|-|25,625|-|



continued... 

Page 14 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **7. CHARITABLE ACTIVITIES COSTS** 

|**The Crumbs Centre**|||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£||
|Cost of goods sold||-|||
|<br>Opening stock|2,700|-|2,700|1,786|
|Purchases|9,354|-|9,354|23,758|
|Closing stock|(1,250)|-|(1,250)|(2,700)|
||||||
||10,804|-|10,804|22,844|
||||||
|Other direct costs|-|-|-|-|
||||||
|Other costs|||||
|Salaries|85,728|162,390|248,118|240,419|
|Training|2,546|-|2,546|2,385|
|Rent|13,203|-|13,203|13,652|
|Rates|1,341|-|1,341|2,024|
|Heat & light|7,066|-|7,066|9,513|
|Insurance|2,223|-|2,223|2,233|
|Repairs & maintenance|5,918|1,660|7,578|8,505|
|Cleaning|5,913|-|5,913|6,059|
|Uniforms & laundry|701|-|701|931|
|Travel expenses|704|-|704|2,185|
|Van costs|4,528|-|4,528|5,449|
|Advertising|4,270|232|4,502|2,974|
|Telephone|2,347|-|2,347|2,508|
|Postage & stationery|1,899|-|1,899|3,002|
|Computer expenses|4,919|-|4,919|4,959|
|Sundry|1,694|928|2,622|2,675|
|Depreciation|14,195|-|14,195|14,578|
||||||
||159,195|165,210|324,405|324,051|
|Support costs-Governance|||||
|<br>Accountancy|6,149|-|6,149|4,769|
|Bookkeeping|3,204|-|3,204|3,524|
|Legal, professional & consultancy fees|10,209|-|10,209|8,624|
||||||
||19,562|-|19,562|16,917|
||||||
||189,561|165,210|354,771|363,812|
||||||



All support costs are deemed to relate to charitable activities. 

Page 15 

continued... 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **8. NET INCOME/(EXPENDITURE)** 

Net income/(expenditure) is stated after charging/(crediting): 

||31.12.20|31.12.19|
|---|---|---|
||£|£|
|Depreciation - owned assets|14,195|14,578|



## **9. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019. 

## **Trustees' expenses** 

There were no reimbursed trustee expenses in the year (2019: NIL) . 

## **10. STAFF COSTS** 

||31.12.20|31.12.19|
|---|---|---|
||Total|Total|
||funds|funds|
||£|£|
||||
|Gross salary|230,890|224,295|
|Employers NI|11,434|11,533|
|Employers pensions|5,794|4,591|
||||
||248,118|240,419|
||||
||||



Average number of staff per head on a monthly basis for the period: 16 (2019:16) There are no highly paid staff earning over £60,000. 

Key management salaries - Gross salaries £84,357, Employers pensions £2,531 

Pension contributions are under a defined contribution scheme, there were no contributions owing at the balance sheet date by staff.   Pension creditor at the year end was £1,030. 


Page 16 

continued... 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

|**11.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>funds<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>20,181<br>**Charitable activities**<br>The Crumbs Centre<br>204,576<br>Investment income<br>904<br>**Total**<br>225,661<br>**EXPENDITURE ON**<br>**Charitable activities**<br>The Crumbs Centre<br>206,792<br>**NET INCOME**<br>18,869<br>**Transfers between funds**<br>4,820<br>**Net movement in funds**<br>23,689<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>193,310<br>**TOTAL FUNDS CARRIED FORWARD**<br>216,999|Restricted<br>funds<br>£<br>158,195<br>-<br>-<br>158,195<br>157,020<br>1,175<br>(4,820)<br>(3,645)<br>30,847<br>27,202|Total<br>funds<br>£<br>178,376<br>204,576<br>904|
|---|---|---|
|||383,856<br>363,812|
|||20,044<br>-|
|||20,044<br>224,157|
|||244,201|




continued... 

Page 17 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **12. TANGIBLE FIXED ASSETS** 

|Improvements<br>to<br>property<br>£<br>**COST**<br>At 1 January 2020<br>69,404<br>Additions<br>-<br>At 31 December 2020<br>69,404<br>**DEPRECIATION**<br>At 1 January 2020<br>28,910<br>Charge for year<br>6,940<br>At 31 December 2020<br>35,850<br>**NET BOOK VALUE**<br>At 31 December 2020<br>33,554<br>At 31 December 2019<br>40,494<br>Motor<br>vehicles<br>£<br>**COST**<br>At 1 January 2020<br>28,160<br>Additions<br>-<br>At 31 December 2020<br>28,160<br>**DEPRECIATION**<br>At 1 January 2020<br>24,674<br>Charge for year<br>872<br>At 31 December 2020<br>25,546<br>**NET BOOK VALUE**<br>At 31 December 2020<br>2,614<br>At 31 December 2019<br>3,486|Website<br>£<br>1,469<br>-<br>1,469<br>1,469<br>-<br>1,469<br>-<br>-<br>Computer<br>equipment<br>£<br>11,557<br>-<br>11,557<br>11,557<br>-<br>11,557<br>-<br>-|Furniture<br>& fittings<br>£<br>136,369<br>2,733<br>139,102<br>122,517<br>6,383<br>128,900<br>10,202<br>13,852<br>Totals<br>£<br>246,959<br>2,733<br>249,692<br>189,127<br>14,195<br>203,322<br>46,370<br>57,832|
|---|---|---|



continued... 

Page 18 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **13. STOCKS** 

|**STOCKS**|||
|---|---|---|
||31.12.20|31.12.19|
||£|£|
|Stocks|1,250|2,700|



## **14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

||||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
||||||
|Trade debtors|1,840|-|1,840|4,045|
|Accrued training fees|4,265|-|4,265||
|Prepayments|4,104|-|4,104|5,102|
|VAT|228|-|228|-|
||||||
||10,437|-|10,437|9,147|
||||||
||||||



## **15. CASH AT BANK AND IN HAND** 

||||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
||||||
|Cash at bank|178,531|140,049|318,580|284,347|
|Cash in hand|1,275|-|1,275|1,005|
||||||
||179,806|140,049|319,855|285,352|
||||||
||||||



## **16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

||||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
||||||
|Creditors and accruals|4,110|-|4,110|3,510|
|Taxation and social security|3,754|-|3,754|4,298|
|VAT|-|-|-|2,998|
|Pension creditor|1,030|-|1,030|970|
|Deferred grant income|-|88,842|88,842|86,260|
|Deferred training fee income|-|-|-|12,794|
||||||
||8,894|88,842|97,736|110,830|
||||||



£55,768 of 2019 deferred income was released in the year. £58,350 of income received in the year has been deferred to 2021. 

continued... 

Page 19 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **17. MOVEMENT IN FUNDS** 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Crumbs Centre<br>**TOTAL FUNDS**<br>Net movement in funds, included in the above are as<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Outreach meal services<br>Crumbs Centre<br>**TOTAL FUNDS**<br>**Comparatives for movement in funds**<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Outreach meal services<br>Crumbs Centre<br>**TOTAL FUNDS**|follows:<br>At 1.1.19<br>£<br>193,310<br>10,718<br>20,129<br>30,847<br>224,157|At 1.1.20<br>£<br>216,999<br>27,202<br>244,201<br>Incoming<br>resources<br>£<br>201,531<br>2,333<br>186,882<br>189,215<br>390,746<br>Net<br>movement<br>in funds<br>£<br>18,869<br>(10,718)<br>11,893<br>1,175<br>20,044|Net<br>movement<br>At<br>in funds<br>31.12.20<br>£<br>£<br>11,970<br>228,969<br>24,005<br>51,207<br>35,975<br>280,176<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(189,561)<br>11,970<br>(2,333)<br>-<br>(162,877)<br>24,005<br>(165,210)<br>24,005<br>(354,771)<br>35,975<br>Transfers<br>between<br>At<br>funds<br>31.12.19<br>£<br>£<br>4,820<br>216,999<br>-<br>-<br>(4,820)<br>27,202<br>(4,820)<br>27,202<br>-<br>244,201|
|---|---|---|---|



continued... 

Page 20 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **17. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Outreach meal services<br>Crumbs Centre<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>225,661<br>1,667<br>156,528<br>158,195<br>383,856|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(206,792)<br>18,869<br>(12,385)<br>(10,718)<br>(144,635)<br>11,893<br>(157,020)<br>1,175<br>(363,812)<br>20,044|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(206,792)<br>18,869<br>(12,385)<br>(10,718)<br>(144,635)<br>11,893<br>(157,020)<br>1,175<br>(363,812)<br>20,044|
|---|---|---|---|
||||1,175|
||||20,044|



A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Outreach meal services<br>Crumbs Centre<br>**TOTAL FUNDS**|At 1.1.19<br>£<br>193,310<br>10,718<br>20,129<br>30,847<br>224,157|Net<br>movement<br>in funds<br>£<br>30,839<br>(10,718)<br>35,898<br>25,180<br>56,019|Transfers<br>between<br>funds<br>£<br>4,820<br>-<br>(4,820)<br>(4,820)<br>-|At<br>31.12.20<br>£<br>228,969<br>-<br>51,207|
|---|---|---|---|---|
|||||51,207|
|||||280,176|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Outreach meal services<br>Crumbs Centre<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>427,192<br>4,000<br>343,410<br>347,410<br>774,602|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(396,353)<br>30,839<br>(14,718)<br>(10,718)<br>(307,512)<br>35,898<br>(322,230)<br>25,180<br>(718,583)<br>56,019|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(396,353)<br>30,839<br>(14,718)<br>(10,718)<br>(307,512)<br>35,898<br>(322,230)<br>25,180<br>(718,583)<br>56,019|
|---|---|---|---|
||||25,180|
||||56,019|



continued... 

Page 21 



**THE C.R.U.M.B.S. PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 

## **17. MOVEMENT IN FUNDS - continued** 

**The restricted fund balances include unexpended restricted grant income as follows:** 

|Crumbs Centre|£|
|---|---|
|Co-op funding<br>For core costs (excluding salaries)|8,937|
|Allis Int. & Ferndown GC<br>For core costs (excluding salaries)|2,943|
|Alice Ellen Cooper Dean Foundation<br>For core costs (excluding salaries)|10,000|
|Talbot Village Trust<br>For kitchen equipment, repairs and fire safety|3,430|
|Savoy Educational Trust<br>For uniforms|4,500|
|Talbot Village Trust<br>For a new van|17,325|
|Local Giving ltd<br>For toys and food boxes|4,072|
|||
||51,207|
|||
|||



**Funds by asset type:** This is shown on the balance sheet and its related notes. 

## **18. OTHER FINANCIAL COMMITMENTS** 

A lease for new premises was signed in 2015. This will expire February 2025 with a 5 year break clause and annual rent of £13,500. 

## **19. RELATED PARTY DISCLOSURES** 

S Durrans, Trustee, is employed by Synergy Housing who are landlords of the Hibberd Court property which is rented by the charity. 

Donations from trustees in the year totalled  £NIL  (2019: £600). 

## **20. ULTIMATE CONTROLLING PARTY** 

The charity is controlled by the Board of Management. 

## **21. DONATED GOODS AND SERVICES** 

There were no donated goods or services in the year. 

Page 22 



## **THE C.R.U.M.B.S. PROJECT** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020** 

||||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
|**INCOME AND ENDOWMENTS**|||||
|**Donations and legacies**|||||
|Donations|16,232|-|16,232|20,181|
|Grants|29,000|189,215|218,215|158,195|
||45,232|189,215|234,447|178,376|
|**Investment income**|||||
|Deposit account interest|1,055|-|1,055|904|
|**Charitable activities**|||||
|Cafe & bakery sales|35,807|-|35,807|102,499|
|Training sales|92,357|-|92,357|102,077|
|Other sundry income|1,455|-|1,455|-|
||129,619|-|129,619|204,576|
|**Other income**|||||
|Covid-19 Job Retention Scheme Grants|25,625|-|25,625|-|
|**Total incoming resources**|201,531|189,215|390,746|383,856|
|**EXPENDITURE**|||||
|**Charitable activities**|||||
|Cost of goods sold|10,804|-|10,804|22,844|
|Salaries|85,728|162,390|248,118|240,419|
|Training|2,546|-|2,546|2,385|
|Rent|13,203|-|13,203|13,652|
|Rates|1,341|-|1,341|2,024|
|Heat & light|7,066|-|7,066|9,513|
|Insurance|2,223|-|2,223|2,233|
|Repairs & maintenance|5,918|1,660|7,578|8,505|
|Cleaning|5,913|-|5,913|6,059|
|Uniforms & laundry|701|-|701|931|
|Travel expenses|704|-|704|2,185|
|Van costs|4,528|-|4,528|5,449|
|Advertising|4,270|232|4,502|2,974|
|Telephone|2,347|-|2,347|2,508|
|Postage & stationery|1,899|-|1,899|3,002|
|Computer expenses|4,919|-|4,919|4,959|
|Sundry|1,694|928|2,622|2,675|
|Accountancy|6,149|-|6,149|4,769|
|Bookkeeping|3,204|-|3,204|3,524|
|Legal & professional fees|10,209|-|10,209|8,624|
|Improvements to property|6,940|-|6,940|6,940|
|Carried forward|182,306|165,210|347,516|356,174|



This page does not form part of the statutory financial statements 

Page 23 



**THE C.R.U.M.B.S. PROJECT** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020** 

||||31.12.20|31.12.19|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||£|£|£|£|
|**Charitable activities**|||||
|Brought forward|182,306|165,210|347,516|356,174|
|Fixtures and fittings|6,383|-|6,383|5,863|
|Motor vehicles|872|-|872|1,162|
|Computer equipment|-|-|-|613|
||189,561|165,210|354,771|363,812|
|Total resources expended|189,561|165,210|354,771|363,812|
|**Net income**|11,970|24,005|35,975|20,044|



This page does not form part of the statutory financial statements 

Page 24