Charity Number: 1158669 ## Les Crocodiles TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 1[ST] JUNE 2022 TO 31[ST] MAY 2023 Report and financial statements for the period 1st June 2022 to 31st May 2023 1 Charity Number: 1158669 |I.|TRUSTEES REPORT ............................................................................. 3| |---|---| |1.|
OBJECTIVES AND ACTIVITIES .............................................................................................. 3| |2.|
ACHIEVEMENTS AND PERFORMANCE ................................................................................ 3| |3.|
FINANCIAL REVIEW ............................................................................................................ 4| |4.|
STRUCTURE, GOVERNANCE AND MANAGEMENT .............................................................. 5| |5.|
REFERENCE AND ADMINISTRATIVE INFORMATION ........................................................... 7| |6.|
TRUSTEES’ RESPONSIBILITIES ............................................................................................. 7| |II.|INDEPENDENT EXAMINERS REPORT .................................................. 9| |III.|STATEMENT OF FINANCIAL ACTIVITIES ............................................ 10| |IV.|BALANCE SHEET ............................................................................... 11| |V.|NOTES TO THE FINANCIAL STATEMENTS ......................................... 12| Report and financial statements for the period 1st June 2022 to 31st May 2023 2 Charity Number: 1158669 ## **I. TRUSTEES REPORT** ## **1. OBJECTIVES AND ACTIVITIES** ## Charity Objectives To advance the education for the public benefit by teaching the French language and French culture, heritage, and history to children in East and North London and to adults through the provision of after school, weekend and holiday classes and through organising events open to the general public as the trustees shall determine. Les Crocodiles organisation offers to all French speakers and Francophiles, tuition in French for adults and children aged between 6 months and 14 years old. Les Crocodiles also provides access to its library, with a choice of more than 2,000 books and magazines in French. ## Public Benefit The Trustees consider that the activities undertaken, offered at no or minimal cost, provide benefit to the public and confirm that in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission and have complied with their duties under Section 17 of the Charities Act 2011. ## **2. ACHIEVEMENTS AND PERFORMANCE** On 12th of November 2022, Makila Nsika Nkaya joined the charity as a Trustee, her experience in teaching and within the Charity is strengthening the Board. The rest of the Board remains the same. We did increase our School Administrator’s wage, more in line with market rate and her task is now including the DBS Check process. We added 2 new paid positions: - Head Teacher with a yearly salary of £6,510, this is providing the Charity a more adequate and a long-term solution to support the needs of the ever-growing number of students. - Gate security with a yearly cost of £1,440, this is providing the Charity a much better control inside the school and increasing our safeguarding. Thanks to Flam grant, the Charity was able to provide to the students Theatre activities during Saturdays. This was followed by an end of the year theatre show that all students and parents could assist. During the School year 2022-2023, the charity welcomed 206 students. Report and financial statements for the period 1st June 2022 to 31st May 2023 3 Charity Number: 1158669 ## **Student Registrations** **----- Start of picture text -----**
211
206 206
196
186
181
173
146
80
52
36
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
**----- End of picture text -----**
A fuller account of Les Crocodile’s activities can be found on the website www.les-crocodiles.org. ## **3. FINANCIAL REVIEW** ## Financial Results Overall, we made a surplus of £24,035 which together with transferred funds of £46,893 from the previous period has left us with total funds of £70,928. In 2021/2022, Les Crocodiles had a profit of £7,595. In 2019/2020, Les Crocodiles had a profit of £696. Full details of the results for the year are as shown in the Accounts. ## Reserves Policy In respect of unrestricted reserves, the Trustees believe that they need to hold the equivalent of 6 months’ turnover for the school year 2023–2024 to cover any exceptional circumstances e.g. another pandemic, an unexpected need to relocate school premises, an unexpected increase in school premises rental etc. Based on our budget for the school year 2023–2024 of an unrestricted income of £91,875 this would require us to be holding some £45,000. Our unrestricted reserves were £67,689 at year end. This surplus of reserves which is mainly due to better-than-expected recovery after Covid allows us to expand our planned expenditure which is discussed further below in the Strategic Development section. Report and financial statements for the period 1st June 2022 to 31st May 2023 4 Charity Number: 1158669 **4. STRUCTURE, GOVERNANCE AND MANAGEMENT** Constitution Les Crocodiles was established as an Unincorporated Association on **14[th] September 2009** with its governing document being its Constitution. As of **25[th] September 2014** , Les Crocodiles became a CIO, registered at the Charity Commission under the Charity Number: 1158669. ## Trustees During the period the Management Committee Members were: - Camille Blateau (Chair) - Nicholas Ryan (Treasurer) - Martina Larkin (Secretary) - Olivier Somsay (Trustee) - Makila Nsika Nkaya (Trustee) All trustees are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. New Management Committee Members are supported by the existing Management Committee Members. ## Organisation Structure and Decision-Making Process The overall management and control of the Charity rests with the individual members of the Management Committee. At the first Committee meeting following the Annual General Meeting at which the newly elected members of the Committee are elected they shall choose from amongst their number the members who will act as Chair, Treasurer and Secretary. ## Risks and Internal Control The Management Committee has overall responsibility for ensuring that the charity has appropriate systems of control, both financial and operational. These systems are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. ## Strategic Development Short-term objectives: - Using surplus funds to tackle inflation: expanded costs -mainly our renting facilities- and to increase teacher, teaching assistant and administrator payments. - Expend recruitment of volunteers to help the running of the charity on Saturdays. - Further expanding the number of trustees to reduce workload of individuals and to minimise over-reliance on any single person. Report and financial statements for the period 1st June 2022 to 31st May 2023 5 Charity Number: 1158669 Medium-term objectives: - Opening a paid position for Librarian On a longer term, we aim at: - Finding a long-term solution for the Library, a key part of the Charity. Renting a dedicated space or building our own shed. - Increasing the numbers of classes, many students are joining us and the Charity will potentially need bigger facilities. Report and financial statements for the period 1st June 2022 to 31st May 2023 6 Charity Number: 1158669 ## **5. REFERENCE AND ADMINISTRATIVE INFORMATION** ## **BUSINESS ADDRESS** Les Crocodiles Flat 1203, Moro Apartments 22 New Festival Avenue London E14 6FT ## **BANKER** Santander Sort code 09-01-28 Account number 82965461 ## **INDEPENDENT EXAMINER** Shabir Djakiodine Euro Accounting ltd 25 Station Road, Kings Heath Birmingham B14 7SR ## **6. TRUSTEES’ RESPONSIBILITIES** The Trustees are responsible for preparing the Trustees’ Report and Financial Statements in accordance with applicable law and Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and applications of resources of the charity for that year. In preparing these Financial Statements, the Trustees are required to: 1. Select suitable accounting policies and then apply them consistently 2. Observe the methods and principles in the Charities SORP 3. Make judgements and estimates that are reasonable and prudent Report and financial statements for the period 1st June 2022 to 31st May 2023 7 Charity Number: 1158669 4. State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures and disclosed in the Financial Statements and 5. Prepare the Financial Statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the Financial Statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees on 21[st] Mar 2024 and signed on their behalf. Chair Camille Blateau Report and financial statements for the period 1st June 2022 to 31st May 2023 8 Charity Number: 1158669 ## **II. INDEPENDENT EXAMINERS REPORT** Please refer to document on following page. Report and financial statements for the period 1st June 2022 to 31st May 2023 9 Charity Number: 1158669 ## **III. STATEMENT OF FINANCIAL ACTIVITIES** **For the year 1[st] June 2022 to 31[st] May 2023** |Note
**Incoming Resources**
Generated Funds
_Voluntary Income_
2
_Investment Income_
3
Activities
4
**Total**
**Resources Expended**
Fund Generation Costs
5
Activities
6
**Total**
**Net Movement**
Carried Forward
**Total Carried Forward**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
**Total Funds**
£
£
£
84,148
0
**84,148**
54
0
**54**
9,178
16,080
**25,258**|**Total Funds**
£
**75,374**
**3**
**7,503**| ||**93,380**
**16,080**
**109,460**|**82,880**| ||4,236
0
**4,236**
68,348
12,841
**81,189**|**1,208**
**74,077**| ||**72,583**
**12,841**
**85,425**|**75,285**| |||| ||**20,796**
**3,238**
**24,035**|**7,595**| ||46,893
0
46,893|39,298| ||**67,689**
**3,238**
**70,928**|**46,893**| Report and financial statements for the period 1st June 2022 to 31st May 2023 10 Charity Number: 1158669 ## **IV. BALANCE SHEET** **As at 31[st] May 2023** **----- Start of picture text -----**
2023 2022
Note £ £ £ £
Fixed Assets
Tangible Assets 7 0 0
Current Assets
Debtors and Accrued Income 8 58
Cash at Bank and In Hand 9 71,285 47,216
Total Current Assets 71,194 47,216
Current Liabilities
Creditors: Falling due within 1 year 10 415 323
Net Current Assets 70,928 46,893
Total Assets Less Liabilities 70,928 46,893
The Funds of the Charity 11
Unrestricted Funds 67,689 46,893
Restricted Funds 3,238 0
Fixed Asset Reserve 0 0
Total Funds 70,928 46,893
**----- End of picture text -----**
Approved by the Trustees on 21[st] Mar 2024 and signed on their behalf by Treasurer: Nick Ryan Chair: Camille Blateau Report and financial statements for the period 1st June 2022 to 31st May 2023 11 Charity Number: 1158669 ## **V. NOTES TO THE FINANCIAL STATEMENTS** ## 1. Accounting Policies ## **a. Basis of Preparation** These The financial statements have been prepared in accordance with 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 (FRS 102, effective 1 January 2015). Les Crocodiles meets the definition of a public benefit entity under FRS102. ## **b. Incoming Resources** Donations, other forms of voluntary income and investment income are recognised as incoming resources when received. However, where the terms of a grant, gift or legacy have not been met, the income is deferred until it becomes due. ## **c. Resources Expended** Expenditure is recognised on a cash basis. ## **d. Tangible Fixed Assets and Depreciation** All assets costing more than £500 are capitalised and are stated at historical cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value evenly over its expected useful life, as follows - Computers: over three years commencing in the first quarter after payment - Fixtures & fittings: over five years commencing in the first quarter after payment ## **e. Description of Funds** The Unrestricted funds may be used for any purpose which complies with the organisations' aims and objectives. Restricted funds are subject to specific conditions imposed by the donor(s). The Asset Reserve represents the book value of all assets and are an unrestricted reserve. ## **f. Going Concern** After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements. Report and financial statements for the period 1st June 2022 to 31st May 2023 12 Charity Number: 1158669 ## 2. Voluntary Income |Membership Fees
School Fees
Tuition Fees
**Total**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
Unrestricted
Funds
£
£
£
5,000
5,000
69,237
69,237
9,911
9,911|**Total Funds**
£
**3,270**
**72,104**| ||**84,148**
**0**
**84,148**|**75,374**| ## 3. Investment Income |Bank Interest
**Total**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
**Total**
**Funds**
£
£
£
54
54|**Total Funds**
£
**3**| ||**54**
**0**
**54**|**3**| ## 4. Incoming Resources from Activities |Sale of Trike
General Sales
Food Stall Sales
Donations
Parapluie Flam
**Total**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
**Total**
**Funds**
£
£
£
716
**716**
8,010
**8,010**
452
**452**
16,080
**16,080**|**Total Funds**
£
**1,224**
**695**
**695**
**483**
**5,101**| ||**9,178**
**16,080**
**25,258**|**7,503**| Report and financial statements for the period 1st June 2022 to 31st May 2023 13 Charity Number: 1158669 ## 5. Fund Generation Costs |Miscellaneous Purchases
Food Stall Purchases
Class Materials
**Total**|**2023**
**2022**| |---|---| ||Unrestricted Funds
Restricted
Funds
**Total**
**Funds**
**Total**
**Funds**
£
£
£
£
8.79
**9**
3,281
**3,281**
**1,208**
946
**946**| ||**4,236**
**0**
**4,236**
**1,208**| ## 6. Resources Expended on Activities |Teachers
Teaching Assistants
School Administrator
Miscellaneous Expenses
Recruitment Expenses
Rent
Travelling
Printing
Stationery
Books, Magazines etc.
Hosting Fees and IT
Consumables
Audit and Accountancy Fees
Transaction Fees
Subscriptions
Training Costs
Insurance
Refreshments / Staff Welfare
**Total**|**2023**| |---|---| ||Unrestricted
Funds
Restricted
Funds
**Total**
**Funds**
£
£
£
32,800
2,931
**35,731**
5,981
**5,981**
11,548
3,065
**14,613**
715
3,850
**4,565**
345
**345**
12,712
2,237
**14,949**
118
**118**
16
**16**
214
220
**434**
430
**430**
930
538
**1,468**
620
**620**
1,275
**1,275**
131
**131**
48
**48**
267
**267**
197
**197**| ||**68,348**
**12,841**
**81,189**| Report and financial statements for the period 1st June 2022 to 31st May 2023 14 Charity Number: 1158669 ## 7. Fixed Assets |Net Book Value
Purchases
Accumulated Depreciation
**Total**|**2023**|**2022**| |---|---|---| ||£
0
0|£
0
0| ||**0**|**0**| ## 8. Debtors and Accrued Income |Debtors
**Total**|**2023**|**2022**| |---|---|---| ||£
58|£
0| ||**58**|**0**| ## 9. Cash at Bank and in Hand |Santander Current Account
Santander Savings Account
Paypal
Cash in Hand
**Total**|**2023**|**2022**| |---|---|---| ||£
55,246
16,039
0
0|£
24,859
15,985
6,371
0| ||**71,285**|**47,216**| ## 10. Creditors: Falling due within 1 year |Prepayments
Creditors
**Total**|**2023**|**2022**| |---|---|---| ||£
145
270|£
323| ||**415**|**323**| Report and financial statements for the period 1st June 2022 to 31st May 2023 15 Charity Number: 1158669 ## 11. The Funds of the Charity |Unrestricted Funds
Restricted Funds
Asset Reserve
**Total**|**Brought Forward**
**Surplus**
**Transfers**
**Closing**
**Balance**| |---|---| ||£
£
£
£
46,893
20,796
0
**67,689**
3,238
3,238
**0**| ||**46,893**
**24,035**
**70,928**| ||| Report and financial statements for the period 1st June 2022 to 31st May 2023 16 Charity Number: 1158669 ## Les Crocodiles TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 1[ST] JUNE 2022 TO 31[ST] MAY 2023 Report and financial statements for the period 1st June 2022 to 31st May 2023 1 Charity Number: 1158669 |I.|TRUSTEES REPORT ............................................................................. 3| |---|---| |1.|
OBJECTIVES AND ACTIVITIES .............................................................................................. 3| |2.|
ACHIEVEMENTS AND PERFORMANCE ................................................................................ 3| |3.|
FINANCIAL REVIEW ............................................................................................................ 4| |4.|
STRUCTURE, GOVERNANCE AND MANAGEMENT .............................................................. 5| |5.|
REFERENCE AND ADMINISTRATIVE INFORMATION ........................................................... 7| |6.|
TRUSTEES’ RESPONSIBILITIES ............................................................................................. 7| |II.|INDEPENDENT EXAMINERS REPORT .................................................. 9| |III.|STATEMENT OF FINANCIAL ACTIVITIES ............................................ 10| |IV.|BALANCE SHEET ............................................................................... 11| |V.|NOTES TO THE FINANCIAL STATEMENTS ......................................... 12| Report and financial statements for the period 1st June 2022 to 31st May 2023 2 Charity Number: 1158669 ## **I. TRUSTEES REPORT** ## **1. OBJECTIVES AND ACTIVITIES** ## Charity Objectives To advance the education for the public benefit by teaching the French language and French culture, heritage, and history to children in East and North London and to adults through the provision of after school, weekend and holiday classes and through organising events open to the general public as the trustees shall determine. Les Crocodiles organisation offers to all French speakers and Francophiles, tuition in French for adults and children aged between 6 months and 14 years old. Les Crocodiles also provides access to its library, with a choice of more than 2,000 books and magazines in French. ## Public Benefit The Trustees consider that the activities undertaken, offered at no or minimal cost, provide benefit to the public and confirm that in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission and have complied with their duties under Section 17 of the Charities Act 2011. ## **2. ACHIEVEMENTS AND PERFORMANCE** On 12th of November 2022, Makila Nsika Nkaya joined the charity as a Trustee, her experience in teaching and within the Charity is strengthening the Board. The rest of the Board remains the same. We did increase our School Administrator’s wage, more in line with market rate and her task is now including the DBS Check process. We added 2 new paid positions: - Head Teacher with a yearly salary of £6,510, this is providing the Charity a more adequate and a long-term solution to support the needs of the ever-growing number of students. - Gate security with a yearly cost of £1,440, this is providing the Charity a much better control inside the school and increasing our safeguarding. Thanks to Flam grant, the Charity was able to provide to the students Theatre activities during Saturdays. This was followed by an end of the year theatre show that all students and parents could assist. During the School year 2022-2023, the charity welcomed 206 students. Report and financial statements for the period 1st June 2022 to 31st May 2023 3 Charity Number: 1158669 ## **Student Registrations** **----- Start of picture text -----**
211
206 206
196
186
181
173
146
80
52
36
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
**----- End of picture text -----**
A fuller account of Les Crocodile’s activities can be found on the website www.les-crocodiles.org. ## **3. FINANCIAL REVIEW** ## Financial Results Overall, we made a surplus of £24,035 which together with transferred funds of £46,893 from the previous period has left us with total funds of £70,928. In 2021/2022, Les Crocodiles had a profit of £7,595. In 2019/2020, Les Crocodiles had a profit of £696. Full details of the results for the year are as shown in the Accounts. ## Reserves Policy In respect of unrestricted reserves, the Trustees believe that they need to hold the equivalent of 6 months’ turnover for the school year 2023–2024 to cover any exceptional circumstances e.g. another pandemic, an unexpected need to relocate school premises, an unexpected increase in school premises rental etc. Based on our budget for the school year 2023–2024 of an unrestricted income of £91,875 this would require us to be holding some £45,000. Our unrestricted reserves were £67,689 at year end. This surplus of reserves which is mainly due to better-than-expected recovery after Covid allows us to expand our planned expenditure which is discussed further below in the Strategic Development section. Report and financial statements for the period 1st June 2022 to 31st May 2023 4 Charity Number: 1158669 **4. STRUCTURE, GOVERNANCE AND MANAGEMENT** Constitution Les Crocodiles was established as an Unincorporated Association on **14[th] September 2009** with its governing document being its Constitution. As of **25[th] September 2014** , Les Crocodiles became a CIO, registered at the Charity Commission under the Charity Number: 1158669. ## Trustees During the period the Management Committee Members were: - Camille Blateau (Chair) - Nicholas Ryan (Treasurer) - Martina Larkin (Secretary) - Olivier Somsay (Trustee) - Makila Nsika Nkaya (Trustee) All trustees are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. New Management Committee Members are supported by the existing Management Committee Members. ## Organisation Structure and Decision-Making Process The overall management and control of the Charity rests with the individual members of the Management Committee. At the first Committee meeting following the Annual General Meeting at which the newly elected members of the Committee are elected they shall choose from amongst their number the members who will act as Chair, Treasurer and Secretary. ## Risks and Internal Control The Management Committee has overall responsibility for ensuring that the charity has appropriate systems of control, both financial and operational. These systems are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. ## Strategic Development Short-term objectives: - Using surplus funds to tackle inflation: expanded costs -mainly our renting facilities- and to increase teacher, teaching assistant and administrator payments. - Expend recruitment of volunteers to help the running of the charity on Saturdays. - Further expanding the number of trustees to reduce workload of individuals and to minimise over-reliance on any single person. Report and financial statements for the period 1st June 2022 to 31st May 2023 5 Charity Number: 1158669 Medium-term objectives: - Opening a paid position for Librarian On a longer term, we aim at: - Finding a long-term solution for the Library, a key part of the Charity. Renting a dedicated space or building our own shed. - Increasing the numbers of classes, many students are joining us and the Charity will potentially need bigger facilities. Report and financial statements for the period 1st June 2022 to 31st May 2023 6 Charity Number: 1158669 ## **5. REFERENCE AND ADMINISTRATIVE INFORMATION** ## **BUSINESS ADDRESS** Les Crocodiles Flat 1203, Moro Apartments 22 New Festival Avenue London E14 6FT ## **BANKER** Santander Sort code 09-01-28 Account number 82965461 ## **INDEPENDENT EXAMINER** Shabir Djakiodine Euro Accounting ltd 25 Station Road, Kings Heath Birmingham B14 7SR ## **6. TRUSTEES’ RESPONSIBILITIES** The Trustees are responsible for preparing the Trustees’ Report and Financial Statements in accordance with applicable law and Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and applications of resources of the charity for that year. In preparing these Financial Statements, the Trustees are required to: 1. Select suitable accounting policies and then apply them consistently 2. Observe the methods and principles in the Charities SORP 3. Make judgements and estimates that are reasonable and prudent Report and financial statements for the period 1st June 2022 to 31st May 2023 7 Charity Number: 1158669 4. State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures and disclosed in the Financial Statements and 5. Prepare the Financial Statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the Financial Statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees on 21[st] Mar 2024 and signed on their behalf. Chair Camille Blateau Report and financial statements for the period 1st June 2022 to 31st May 2023 8 Charity Number: 1158669 ## **II. INDEPENDENT EXAMINERS REPORT** Please refer to document on following page. Report and financial statements for the period 1st June 2022 to 31st May 2023 9 Charity Number: 1158669 ## **III. STATEMENT OF FINANCIAL ACTIVITIES** **For the year 1[st] June 2022 to 31[st] May 2023** |Note
**Incoming Resources**
Generated Funds
_Voluntary Income_
2
_Investment Income_
3
Activities
4
**Total**
**Resources Expended**
Fund Generation Costs
5
Activities
6
**Total**
**Net Movement**
Carried Forward
**Total Carried Forward**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
**Total Funds**
£
£
£
84,148
0
**84,148**
54
0
**54**
9,178
16,080
**25,258**|**Total Funds**
£
**75,374**
**3**
**7,503**| ||**93,380**
**16,080**
**109,460**|**82,880**| ||4,236
0
**4,236**
68,348
12,841
**81,189**|**1,208**
**74,077**| ||**72,583**
**12,841**
**85,425**|**75,285**| |||| ||**20,796**
**3,238**
**24,035**|**7,595**| ||46,893
0
46,893|39,298| ||**67,689**
**3,238**
**70,928**|**46,893**| Report and financial statements for the period 1st June 2022 to 31st May 2023 10 Charity Number: 1158669 ## **IV. BALANCE SHEET** **As at 31[st] May 2023** **----- Start of picture text -----**
2023 2022
Note £ £ £ £
Fixed Assets
Tangible Assets 7 0 0
Current Assets
Debtors and Accrued Income 8 58
Cash at Bank and In Hand 9 71,285 47,216
Total Current Assets 71,194 47,216
Current Liabilities
Creditors: Falling due within 1 year 10 415 323
Net Current Assets 70,928 46,893
Total Assets Less Liabilities 70,928 46,893
The Funds of the Charity 11
Unrestricted Funds 67,689 46,893
Restricted Funds 3,238 0
Fixed Asset Reserve 0 0
Total Funds 70,928 46,893
**----- End of picture text -----**
Approved by the Trustees on 21[st] Mar 2024 and signed on their behalf by Treasurer: Nick Ryan Chair: Camille Blateau Report and financial statements for the period 1st June 2022 to 31st May 2023 11 Charity Number: 1158669 ## **V. NOTES TO THE FINANCIAL STATEMENTS** ## 1. Accounting Policies ## **a. Basis of Preparation** These The financial statements have been prepared in accordance with 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 (FRS 102, effective 1 January 2015). Les Crocodiles meets the definition of a public benefit entity under FRS102. ## **b. Incoming Resources** Donations, other forms of voluntary income and investment income are recognised as incoming resources when received. However, where the terms of a grant, gift or legacy have not been met, the income is deferred until it becomes due. ## **c. Resources Expended** Expenditure is recognised on a cash basis. ## **d. Tangible Fixed Assets and Depreciation** All assets costing more than £500 are capitalised and are stated at historical cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value evenly over its expected useful life, as follows - Computers: over three years commencing in the first quarter after payment - Fixtures & fittings: over five years commencing in the first quarter after payment ## **e. Description of Funds** The Unrestricted funds may be used for any purpose which complies with the organisations' aims and objectives. Restricted funds are subject to specific conditions imposed by the donor(s). The Asset Reserve represents the book value of all assets and are an unrestricted reserve. ## **f. Going Concern** After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements. Report and financial statements for the period 1st June 2022 to 31st May 2023 12 Charity Number: 1158669 ## 2. Voluntary Income |Membership Fees
School Fees
Tuition Fees
**Total**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
Unrestricted
Funds
£
£
£
5,000
5,000
69,237
69,237
9,911
9,911|**Total Funds**
£
**3,270**
**72,104**| ||**84,148**
**0**
**84,148**|**75,374**| ## 3. Investment Income |Bank Interest
**Total**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
**Total**
**Funds**
£
£
£
54
54|**Total Funds**
£
**3**| ||**54**
**0**
**54**|**3**| ## 4. Incoming Resources from Activities |Sale of Trike
General Sales
Food Stall Sales
Donations
Parapluie Flam
**Total**|**2023**|**2022**| |---|---|---| ||Unrestricted
Funds
Restricted
Funds
**Total**
**Funds**
£
£
£
716
**716**
8,010
**8,010**
452
**452**
16,080
**16,080**|**Total Funds**
£
**1,224**
**695**
**695**
**483**
**5,101**| ||**9,178**
**16,080**
**25,258**|**7,503**| Report and financial statements for the period 1st June 2022 to 31st May 2023 13 Charity Number: 1158669 ## 5. Fund Generation Costs |Miscellaneous Purchases
Food Stall Purchases
Class Materials
**Total**|**2023**
**2022**| |---|---| ||Unrestricted Funds
Restricted
Funds
**Total**
**Funds**
**Total**
**Funds**
£
£
£
£
8.79
**9**
3,281
**3,281**
**1,208**
946
**946**| ||**4,236**
**0**
**4,236**
**1,208**| ## 6. Resources Expended on Activities |Teachers
Teaching Assistants
School Administrator
Miscellaneous Expenses
Recruitment Expenses
Rent
Travelling
Printing
Stationery
Books, Magazines etc.
Hosting Fees and IT
Consumables
Audit and Accountancy Fees
Transaction Fees
Subscriptions
Training Costs
Insurance
Refreshments / Staff Welfare
**Total**|**2023**| |---|---| ||Unrestricted
Funds
Restricted
Funds
**Total**
**Funds**
£
£
£
32,800
2,931
**35,731**
5,981
**5,981**
11,548
3,065
**14,613**
715
3,850
**4,565**
345
**345**
12,712
2,237
**14,949**
118
**118**
16
**16**
214
220
**434**
430
**430**
930
538
**1,468**
620
**620**
1,275
**1,275**
131
**131**
48
**48**
267
**267**
197
**197**| ||**68,348**
**12,841**
**81,189**| Report and financial statements for the period 1st June 2022 to 31st May 2023 14 Charity Number: 1158669 ## 7. Fixed Assets |Net Book Value
Purchases
Accumulated Depreciation
**Total**|**2023**|**2022**| |---|---|---| ||£
0
0|£
0
0| ||**0**|**0**| ## 8. Debtors and Accrued Income |Debtors
**Total**|**2023**|**2022**| |---|---|---| ||£
58|£
0| ||**58**|**0**| ## 9. Cash at Bank and in Hand |Santander Current Account
Santander Savings Account
Paypal
Cash in Hand
**Total**|**2023**|**2022**| |---|---|---| ||£
55,246
16,039
0
0|£
24,859
15,985
6,371
0| ||**71,285**|**47,216**| ## 10. Creditors: Falling due within 1 year |Prepayments
Creditors
**Total**|**2023**|**2022**| |---|---|---| ||£
145
270|£
323| ||**415**|**323**| Report and financial statements for the period 1st June 2022 to 31st May 2023 15 Charity Number: 1158669 ## 11. The Funds of the Charity |Unrestricted Funds
Restricted Funds
Asset Reserve
**Total**|**Brought Forward**
**Surplus**
**Transfers**
**Closing**
**Balance**| |---|---| ||£
£
£
£
46,893
20,796
0
**67,689**
3,238
3,238
**0**| ||**46,893**
**24,035**
**70,928**| ||| Report and financial statements for the period 1st June 2022 to 31st May 2023 16 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** ## **Report to the trustees/ members of** Charity Name Les Crocodiles **On accounts for the year** 31/05/2023 **ended Set out on pages** **Charity no** 1158669 **(if any)** (remember to include the page numbers of additional sheets) **Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination 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 or disclosures in the accounts, and seeking explanations from the 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 limited to those matters set out in the statement below. **Independent** In connection with my examination, no matter has come to my attention **examiner's statement** (other than that disclosed below *) 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. - _Please delete the words in the brackets if they do not apply._ **Signed: Name:** Shabir Djakiodine **Date:** 25/03/2024 1 **IER** **Relevant professional** Chartered Accountant (ICPA) **qualification(s) or body (if any):** **Address:** 25 Station road Kings Heath Birmingham B14 7SR ## **Section B Disclosure** Only complete if the examiner needs to highlight material problems. 2 **IER** **Give here brief details of any items that the examiner wishes to disclose** . 3 **IER**