Charity Registration No. Charity Registration No. 1151926 Company Registration No. 07294713 (England and Wales)
THE C.R.U.M.B.S. PROJECT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
10 Bridge Street Christchurch Dorset BH23 1EF
THE C.R.U.M.B.S. PROJECT
CONTENTS
| Page | |
|---|---|
| Company informaton | 1 |
| Trustees' report | 2 - 6 |
| Independent examiner's report | 7 |
| Statement of fnancial actvites | 8 |
| Balance sheet | 9 - 10 |
| Notes to the fnancial statements | 11 - 23 |
THE C.R.U.M.B.S. PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees D Eyre Professor P Jones MBE S Howard S Murcer S Durrans Mr M Collinge Mr S Thomas Mrs Heather Hartwell (Appointed 11 April 2022) Secretary S Durrans Charity number Charity Registration No. 1151926 Company number 07294713 Principal address 20A Hibberd Way Bournemouth Dorset England BH10 4EP Registered office 10 Bridge Street Christchurch Dorset BH23 1EF Independent examiner TC Group 10 Bridge Street Christchurch Dorset BH23 1EF
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THE C.R.U.M.B.S. PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their report and financial statements for the year ended 31 December 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's governing document, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The charitable company's objects are "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 policies adopted in furtherance of these objects are 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 and there has been no change in these during the year.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charitable company should undertake.
The trustees are mindful of the requirements for meeting the public benefit test. The charity provides preemployment 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.
Achievements 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 transition to the renewed focus on education and training has continued during the course of the year where action to secure a more resilient long-term funding position continues to be an overarching objective. The appointment of a part-time fundraising and project officer is assisting in securing that objective. The focus of the fundraising is moving towards securing sponsorship opportunities for trainees rather than capital grants. This to ensure the funding can be spent on the training activities rather than on the acquisition of assets.
Further activities in support of the trainees move towards independent living and employment have been in continuing the development of digital training. This is to enhance and extend the training experience and to better support the trainees in interacting and interfacing with the digital technology essential to be able to maintain an independent lifestyle.
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THE C.R.U.M.B.S. PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Financial review
The unrestricted funds on the income and expenditure account shows a surplus of £55,874 for the year after depreciation of capital equipment of £18,107.
In addition a further £15,887 was spent on new capital equipment in the year.
The restricted funds income does not include £36,737 of deferred grant income mainly relating to future staffing costs, compared with £53,043 for the previous year.
It is the policy of the charitable company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they can continue the charitable company’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The trustees have agreed to increase a designated contingency fund from £150,000 to £250,000, this to better reflect approximately six months of salaries, and overhead expenses, and a transfer has been made to reflect that in the balance sheet.
In view of the nature of the Project, funding reserves are considered best held as fixed-term accounts with CAF Bank, Hodge Bank, and Shawbrook Bank.
At the balance sheet date free reserves (unrestricted funds not represented by fixed assets or designated funds) stand at £69,666.
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.
The Trustees has assessed the major risks to which the charitable company is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
The Board has developed and refined a comprehensive Risk Register (covering operational, financial, Covid -19 and legal risks).
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THE C.R.U.M.B.S. PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Non Financial Objectives 2022
To continue to review the operational structure and to ensure that it supports the aims and objectives of the charity and the wider engagement of the trainees. This includes recognising the need for continuous professional development of all involved in the charity and to be able to secure operational efficiencies in delivering the extended training opportunities.
To continue working with the local authority in relation to the current "daycare" contract and to make a significant contribution to the current strategic review of day care provision throughout the authority. This includes working with the authority to try and identify and access training funding that supports adult learners into independent living and employment.
To seek to increase the opportunities for voluntary and paid employment for those trainees who areseeking or would benefit from employment. This will be through enhancing the visibility of the work of the charity into the local hospitality sector. The provision of workplace mentors as well as work coaches to support the trainees transition into work will be a feature of this objective.
To continue to enhance the training programme through the increased scope of online learning provision, new digital training within a newly created IT suite, supported by the introduction of a new training management information system to allow a greater interaction for the trainee directly into their own learning and achievement records.
Structure, governance and management
The charitable company is a company limited by guarantee as defined by the Companies Act 2006. The charity is controlled by its governing document, a deed of trust, and constitutes a limited company.
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.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
D Eyre C Wakefield (Resigned 15 May 2023) Professor P Jones MBE Mr C Brookes (Resigned 14 February 2022) Mr J Stovold (Resigned 10 March 2023) S Howard S Murcer S Durrans Mr M Collinge Mr S Thomas Mrs Heather Hartwell (Appointed 11 April 2022)
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THE C.R.U.M.B.S. PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
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.
The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).
The company's current policy concerning the payment of trade creditors is to:
-
settle the terms of payment with suppliers when agreeing the terms of each transaction;
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ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and
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pay in accordance with the company's contractual and other legal obligations.
Trustees continue to appreciate the value of a strong inclusive teams consisting of staff members, volunteers, and trainees.
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.
Training and Development Manager/ Head of Centre
Ursula Boardman
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.
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THE C.R.U.M.B.S. PROJECT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees' report was approved by the Board of Trustees.
Professor P Jones MBE
Trustee Dated: 11 July 2023
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THE C.R.U.M.B.S. PROJECT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE C.R.U.M.B.S. PROJECT
I report to the Trustees on my examination of the financial statements of The C.R.U.M.B.S. Project (the charitable company) for the year ended 31 December 2022.
Responsibilities and basis of report
As the Trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charitable 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 the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants (ACCA), 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 that in any material respect:
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1 accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements 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
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4 the financial statements 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 financial statements to be reached.
James Paget FCCA TC Group
10 Bridge Street Christchurch Dorset BH23 1EF
Dated: 17 July 2023
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THE C.R.U.M.B.S. PROJECT
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted Unrestricted Restricted funds funds funds general designated 2022 2022 2022 Notes £ £ £ Income and endowments from: Donatons and legacies 3 94,364 - 153,543 Charitable actvites 4 126,371 - - Investments 5 1,164 - - Other income 6 - - - Total income 221,899 - 153,543 Expenditure on: Charitable actvites 7 164,787 - 137,183 Other 11 1,238 - - Total resources expended 166,025 - 137,183 Net incoming resources before transfers 55,874 - 16,360 Gross transfers between funds (84,033) 100,000 (15,967) Net (expenditure)/income for the year/ Net movement in funds (28,159) 100,000 393 Fund balances at 1 January 2022 135,783 150,000 14,315 Fund balances at 31 December 2022 107,624 250,000 14,708 |
Total 2022 £ 247,907 126,371 1,164 - 375,442 301,970 1,238 303,208 72,234 - 72,234 300,098 372,332 |
Total 2021 £ 207,802 96,251 6 57,128 |
|---|---|---|
| 361,187 | ||
| 341,265 | ||
| - | ||
| 341,265 | ||
| 19,922 - |
||
| 19,922 280,176 |
||
| 300,098 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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THE C.R.U.M.B.S. PROJECT
BALANCE SHEET
AS AT 31 DECEMBER 2022
| Notes Fixed assets Tangible assets 12 Current assets Stocks 13 Debtors 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilites |
2022 £ 1,250 6,684 368,564 376,498 (42,124) |
£ 37,958 334,374 372,332 |
2021 £ 1,250 6,867 314,087 322,204 (63,523) |
£ 41,417 258,681 |
|---|---|---|---|---|
| 300,098 |
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THE C.R.U.M.B.S. PROJECT
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022
| Notes Income funds Restricted funds 17 Unrestricted funds Designated funds 18 General unrestricted funds |
2022 £ 250,000 107,624 |
£ 14,708 357,624 372,332 |
2021 £ 150,000 135,783 |
£ 14,315 285,783 |
|---|---|---|---|---|
| 300,098 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2022.
The Trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 11 July 2023
D Eyre Professor P Jones MBE Trustee Trustee Company Registration No. 07294713
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
Charity information
The C.R.U.M.B.S. Project is a private company limited by guarantee incorporated in England and Wales. The registered office is 10 Bridge Street, Christchurch, Dorset, BH23 1EF.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charitable company's [governing document], the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charitable company is a Public Benefit Entity as defined by FRS 102.
The charitable company has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest pound.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charitable company.
1.4 Incoming resources
Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
(Continued)
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5 Resources expended
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.
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.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
| Leasehold improvements | in accordance with the property |
|---|---|
| Website | 20% on cost |
| Fixtures and ftngs | 25% on cost |
| Computers | 33% on cost |
| Motor vehicles | 25% on reducing balance |
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
(Continued)
1.7 Impairment of fixed assets
At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.10 Financial instruments
The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charitable company demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charitable company’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Income recognition is considered with reference to the grant agreement or other supporting documentation, to ensure cut off is correctly stated at the point of entitlement.
Depreciation is recognised inline with the assets economic useful life.
There were no other key sources of estimation uncertainty or judgements.
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
3 Donations and legacies
| Unrestricted Restricted funds funds general 2022 2022 £ £ Donatons and gifs 22,364 - Grants 72,000 153,543 94,364 153,543 For the year ended 31 December 2021 38,042 169,760 Donatons and gifs Other 22,364 - 22,364 - Grants receivable for core actvites General grants 72,000 - For specifc salaries and staf costs - 7,250 For catering assistant salaries - 4,166 For general core costs (including salaries) - 59,936 For Outreach salaries - 76,691 For purchase of new van - - For training & mentoring - 5,500 For purchase of server - - 72,000 153,543 4 Charitable actvites 2022 £ Sales within charitable actvites 25,746 Services provided under contract 100,625 126,371 |
Total 2022 £ 22,364 225,543 247,907 22,364 22,364 72,000 7,250 4,166 59,936 76,691 - 5,500 - 225,543 |
Total 2021 £ 38,042 169,760 207,802 207,802 38,042 38,042 - 75,136 4,167 22,500 63,102 (17,325) 17,180 5,000 169,760 2021 £ 13,489 82,762 96,251 |
|---|---|---|
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
| 5 Investments Unrestricted funds general 2022 £ Interest receivable 1,164 6 Other income Unrestricted funds general 2022 £ Net gain on disposal of tangible fxed assets - Covid-19 Job Retenton Scheme Grants - - |
Total 2021 £ 6 |
|---|---|
| Total 2021 £ 4,067 53,061 |
|
| 57,128 |
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
7 Charitable activities
| Staf costs Cost of goods sold Advertsing Cleaning Repairs & maintenance Heat & light Uniforms & laundry Rent Rates Other charitable expenditure Share of support costs (see note 8) Share of governance costs (see note 8) Analysis by fund Unrestricted funds - general Restricted funds For the year ended 31 December 2021 Unrestricted funds - general Restricted funds |
2022 £ 181,586 14,795 276 3,416 11,097 6,308 1,466 14,653 1,585 43,829 279,011 19,959 3,000 301,970 164,787 137,183 301,970 139,613 201,652 341,265 |
2021 £ 229,293 6,354 2,370 3,694 5,964 4,976 3,727 13,500 1,297 53,682 |
|---|---|---|
| 324,857 13,408 3,000 |
||
| 341,265 | ||
| 139,613 201,652 |
||
| 341,265 | ||
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
8 Support costs
| Accountancy Bookkeeping Legal, professional & consultancy fees Analysed between Charitable actvites |
Support costs Governance costs £ £ (206) 3,000 1,851 - 18,314 - 19,959 3,000 19,959 3,000 |
2022 £ 2,794 1,851 18,314 22,959 22,959 |
2021 £ 5,143 2,819 8,446 |
|---|---|---|---|
| 16,408 | |||
| 16,408 |
9 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charitable company during the year.
10 Employees
Number of employees
The average monthly number of employees during the year was:
| Number of employees The average monthly number of employees during the year was: |
||
|---|---|---|
| Employment costs Wages and salaries |
2022 Number 16 2022 £ 181,586 |
2021 Number 16 |
| 2021 £ 229,293 |
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
11 Other
| Unrestricted | Total | |
|---|---|---|
| funds | ||
| 2022 | 2021 | |
| general | £ | |
| Net loss on disposal of tamgible fxed assets | 1,238 | - |
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| Total | £ | 256,610 | 15,887 | (20,960) | 251,537 | 215,192 | 18,107 | (19,720) | 213,579 | 37,958 | 41,417 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Motor vehicles | £ | 28,160 | - | (20,960) | 7,200 | 26,199 | 180 | (19,720) | 6,659 | 541 | 1,960 | ||||||
| Computers | £ | 18,476 | 10,061 | - | 28,537 | 11,557 | 5,656 | - | 17,213 | 11,324 | 6,919 | ||||||
| Fixtures and | ftngs | £ | 139,101 | 5,826 | - | 144,927 | 133,176 | 5,331 | - | 138,507 | 6,420 | 5,924 | |||||
| Website | £ | 1,469 | - | - | 1,469 | 1,469 | - | - | 1,469 | - | - | ||||||
| Leasehold | improvements | £ | 69,404 | - | - | 69,404 | 42,791 | 6,940 | - | 49,731 | 19,673 | 26,614 | |||||
| Tangible fxed assets | Cost | At 1 January 2022 | Additons | Disposals | At 31 December 2022 | Depreciaton and impairment | At 1 January 2022 | Depreciaton charged in the year | Eliminated in respect of disposals | At 31 December 2022 | Carrying amount | At 31 December 2022 | At 31 December 2021 | ||||
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
| 13 Stocks Finished goods and goods for resale 14 Debtors Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 15 Creditors: amounts falling due within one year Notes Other taxaton and social security Deferred income 16 Trade creditors Accruals and deferred income 16 Deferred income Other deferred income |
2022 £ 1,250 2022 £ 311 4,265 2,108 6,684 2022 £ 4,787 36,737 600 - 42,124 2022 £ 36,737 |
2021 £ 1,250 |
|---|---|---|
| 2021 £ 895 4,265 1,707 |
||
| 6,867 | ||
| 2021 £ 6,370 53,043 600 3,510 |
||
| 63,523 | ||
| 2021 £ 53,043 |
£42,701 of 2021 deferred income was released in the year. £26,395 of income received in the year has been deferred to 2023.
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
17 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Balance at 1 January 2022 £ Co-op funding - core costs (excluding salaries) 8,937 Allis Int. & Ferndown GC - core costs (excluding salaries) 2,943 Talbot Village Trust - kitchen equipment, repairs and fre safety 1,662 Savoy Educatonal Trust - uniforms 773 Kickstart Funding - salaries - The 29th May 1961 Fund - salaries specifc - Hedley Foundaton - Oven - Yorkshire Building Society - Tablets / IT Equipment - 1977 Crumbs Supporters Club - travel fund - 1977 Crumbs Supporters Club - awards lunch fund - Screwfx Foundaton - funding for garden - B&Q Foundaton - funding for garden - SW Water Community Club funds - community club - Lloyds - salaries - workplace supervisor - 14,315 |
Movement in funds Incoming resources Resources expended £ £ - (1,710) - - - (1,662) - (773) 7,862 (7,862) 3,000 - 1,000 - 1,320 (1,320) 1,000 (472) 2,941 (681) 1,844 (1,844) 1,600 (873) 1,000 (686) 2,250 - 23,817 (17,883) |
Transfers Balance at 31 December 2022 £ £ (4,541) 2,686 - 2,943 - - - - - - - 3,000 (1,000) - - - - 528 - 2,260 - - - 727 - 314 - 2,250 (5,541) 14,708 |
Transfers Balance at 31 December 2022 £ £ (4,541) 2,686 - 2,943 - - - - - - - 3,000 (1,000) - - - - 528 - 2,260 - - - 727 - 314 - 2,250 (5,541) 14,708 |
|---|---|---|---|
| 14,708 |
Transfers represent the purchase of fixed assets.
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THE C.R.U.M.B.S. PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
18 Designated funds
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
| Balance at 1 January 2022 £ Contngency fund 150,000 150,000 Analysis of net assets between funds Unrestricted funds Designated funds Restricted funds 2022 2022 2022 £ £ £ Fund balances at 31 December 2022 are represented by: Tangible assets 37,958 - - Current assets/(liabilites) 69,666 250,000 14,708 107,624 250,000 14,708 |
Transfers Balance at 31 December 2022 £ £ 100,000 250,000 100,000 250,000 Total Total 2022 2021 £ £ 37,958 41,417 334,374 258,681 372,332 300,098 |
Transfers Balance at 31 December 2022 £ £ 100,000 250,000 100,000 250,000 Total Total 2022 2021 £ £ 37,958 41,417 334,374 258,681 372,332 300,098 |
|---|---|---|
| 250,000 | ||
| Total 2021 £ 41,417 258,681 |
||
| 300,098 |
19 Analysis of net assets between funds
20 Related party transactions
There were no disclosable related party transactions during the year (2021 - none).
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