Charity Number: 1158669 ## Les Crocodiles TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 1[ST] JUNE 2023 TO 31[ST] MAY 2024 Report and financial statements for the period 1st June 2023 to 31st May 2024 1 Charity Number: 1158669 |I.|TRUSTEES REPORT ............................................................................. 3| |---|---| |1.|1.
OBJECTIVES AND ACTIVITIES .............................................................................................. 3| |2.|2.
ACHIEVEMENTS AND PERFORMANCE ................................................................................ 3| |3.|3.
FINANCIAL REVIEW ............................................................................................................ 4| |4.|4.
STRUCTURE, GOVERNANCE AND MANAGEMENT .............................................................. 5| |5.|5.
REFERENCE AND ADMINISTRATIVE INFORMATION ........................................................... 7| |6.|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 2023 to 31st May 2024 2 Charity Number: 1158669 ## **I. TRUSTEES REPORT** **1. OBJECTIVES AND ACTIVITIES** ~~ee~~ ## 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** ~~ee~~ The board members remain the same for 2023-2024. In 2023-2024 we did increase the following wages: - School Administrator’s wage, more in line with market rate and her task is now including the DBS Check process. Increase from £9,486 to £12,400 - Head Teacher increase from £4,340 to £6,510 due to an increase of hours We added 2 new paid position: - Library Manager £4,960 - Security Manager (gate monitoring) £1,440 During 2023-2024 the charity welcomed the pro bono help from a law firm, this allowed us to review contracts with guardians, premises, teachers, GDPR policies. We are now in line with standard practices. During the School year 2023-2024, the charity welcomed 244 students. Report and financial statements for the period 1st June 2023 to 31st May 2024 3 Charity Number: 1158669 **----- Start of picture text -----**
Student Registrations
240
206 211 206
196
186 181
173
146
80
52
36
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
**----- 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** ~~SO)~~ ## Financial Results Overall, we made a surplus of £15,524 which together with transferred funds of £70,928 from the previous period has left us with total funds of £86,452. In 2022/2023, Les Crocodiles had a profit of £24,035. In 2020/2021, Les Crocodiles had a profit of £7,595. 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 2024–2025 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 2024–2025 of an unrestricted income of £120,930 this would require us to be holding some £60,000. Our unrestricted reserves were £87,061 at year end. This surplus of reserves which is mainly due to an increase of students 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 2023 to 31st May 2024 4 Charity Number: 1158669 **4. STRUCTURE, GOVERNANCE AND MANAGEMENT** ~~ee~~ 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 more in line with market rates. - Expend recruitment of volunteers to help the running of the charity on Saturdays. Report and financial statements for the period 1st June 2023 to 31st May 2024 5 Charity Number: 1158669 - Further expanding the number of trustees to reduce workload of individuals and to minimise over-reliance on any single person Medium-term objectives: - Opening a paid position to provide teacher and teaching assistant a solution if absence occur 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 as the charity is now using all the classroom in the facility. Report and financial statements for the period 1st June 2023 to 31st May 2024 6 Charity Number: 1158669 **5. REFERENCE AND ADMINISTRATIVE INFORMATION** ~~ee~~ ## **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** ~~ee~~ 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 2023 to 31st May 2024 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 3[rd] March 2025 and signed on their behalf. Chair Camille Blateau Report and financial statements for the period 1st June 2023 to 31st May 2024 8 Charity Number: 1158669 ## **II. INDEPENDENT EXAMINERS REPORT** Please refer to attached document. Report and financial statements for the period 1st June 2023 to 31st May 2024 9 Charity Number: 1158669 ## **III. STATEMENT OF FINANCIAL ACTIVITIES** **For the year 1[st] June 2023 to 31[st] May 2024** ||||**2024**||**2023**| |---|---|---|---|---|---| |||Unrestricted
Funds|Restricted
Funds|**Total Funds**|**Total Funds**| ||Note|£|£|£|£| |**Incoming Resources**|||||| |Generated Funds|||||| |_Voluntary Income_|2|113,230|0|**113,230**|**84,148**| |_Investment Income_|3|292|0|**292**|**54**| |Activities|4|7,408|0|**7,408**|**25,258**| |**Total**||**120,930**|**0**|**120,930**|**109,460**| |**Resources Expended**|||||| |Fund Generation Costs|5|5,132|0|**5,132**|**4,236**| |Activities|6|99,662|612|**100,274**|**81,189**| |**Total**||**104,794**|**612**|**105,406**|**85,425**| |**Net Movement**||**16,136**|**(612)**|**15,524**|**24,035**| |Carried Forward||70,928|0|70,928|46,893| |**Total Carried Forward**||**87,064**|**(612)**|**86,452**|**70,928**| Report and financial statements for the period 1st June 2023 to 31st May 2024 10 Charity Number: 1158669 ## **IV. BALANCE SHEET** **As at 31[st] May 2024** **----- Start of picture text -----**
2024 2023
Note £ £ £ £
Fixed Assets
Tangible Assets 7 0 0
Current Assets
Debtors and Accrued Income 8 358 58
Cash at Bank and In Hand 9 86,393 71,285
Total Current Assets 86,752 71,194
Current Liabilities
Creditors: Falling due within 1 year 10 300 415
Net Current Assets 86,452 70,928
Total Assets Less Liabilities 86,452 70,928
The Funds of the Charity 11
Unrestricted Funds 83,826 67,689
Restricted Funds 2,626 3,238
Fixed Asset Reserve 0 0
Total Funds 86,452 70,928
**----- End of picture text -----**
Approved by the Trustees on 3[rd] March 2025 and signed on their behalf by Treasurer: Nick Ryan Chair: Camille Blateau Report and financial statements for the period 1st June 2023 to 31st May 2024 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 2023 to 31st May 2024 12 Charity Number: 1158669 ## 2. Voluntary Income |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|**Total Funds**|**Total Funds**| ||£|£|£|£| |Membership Fees|6,958||**6,958**|**5,000**| |School Fees|92,331||**92,331**|**69,237**| |Tuition Fees|13,941||**13,941**|**9,911**| |**Total**|**113,230**|**0**|**113,230**|**84,148**| ## 3. Investment Income |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|**Total**
**Funds**|**Total Funds**| ||£|£|£|£| |Bank Interest|292||**292**|**54**| |**Total**|**292**|**0**|**292**|**54**| ## 4. Incoming Resources from Activities |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|**Total**
**Funds**|**Total Funds**| ||£|£|£|£| |General Sales
||||**716**| |Food Stall Sales|7,228||**7,228**|**8,010**| |Donations|180||**180**|**452**| |Parapluie Flam||0|**0**|**16,080**| |**Total**|**7,408**|**0**|**7,408**|**25,258**| Report and financial statements for the period 1st June 2023 to 31st May 2024 13 Charity Number: 1158669 ## 5. Fund Generation Costs |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted Funds|Unrestricted Funds
Restricted
Funds|**Total**
**Funds**|**Total**
**Funds**| ||£|£|£|£| |Miscellaneous Purchases|230||**230**|**9**| |Food Stall Purchases|3,644||**3,644**|**3,281**| |Class Materials|1,258||**1,258**|**946**| |**Total**|**5,132**|**0**|**5,132**|**4,236**| ## 6. Resources Expended on Activities |||**2024**|| |---|---|---|---| ||Unrestricted|Restricted|**Total**| ||Funds|Funds|**Funds**| ||£|£|£| |Head Teacher|1,860.14||**1,860**| |Teachers|51,352||**51,352**| |Teaching Assistants|9,985||**9,985**| |School Administrator|13,135||**13,135**| |Gate Security|576||**576**| |Miscellaneous Expenses|900|612|**1,512**| |Recruitment Expenses|596||**596**| |Rent|14,836||**14,836**| |Travelling|225||**225**| |Printing|65||**65**| |Stationery|1,441||**1,441**| |Books, Magazines etc.|323||**323**| |Hosting Fees and IT
Consumables|1,231||**1,231**| |Audit and Accountancy Fees|341||**341**| |Transaction Fees|1,656||**1,656**| |Subscriptions|143||**143**| |Training Costs|279||**279**| |Insurance|364||**364**| |Refreshments / Staff Welfare|354||**354**| |**Total**|**99,662**|**612**|**100,274**| Report and financial statements for the period 1st June 2023 to 31st May 2024 14 Charity Number: 1158669 ## 7. Fixed Assets ||**2024**|**2023**| |---|---|---| ||£|£| |Net Book Value|0|0| |Purchases|0|0| |Accumulated Depreciation|0|0| |**Total**|**0**|**0**| ## 8. Debtors and Accrued Income ||**2024**|**2023**| |---|---|---| ||£|£| |Debtors|358|58| |**Total**|**358**|**58**| ## 9. Cash at Bank and in Hand ||**2024**|**2023**| |---|---|---| ||£|£| |Santander Current Account|30,012|55,246| |Santander Savings Account|55,967|16,039| |Paypal|414|0| |Cash in Hand|0|0| |**Total**|**86,393**|**71,285**| ## 10. Creditors: Falling due within 1 year ||**2024**|**2023**| |---|---|---| ||£|£| |Prepayments|0|145| |Creditors|300|270| |**Total**|**300**|**415**| Report and financial statements for the period 1st June 2023 to 31st May 2024 15 Charity Number: 1158669 ## 11. The Funds of the Charity ||**Brought Forward**|**Brought Forward**
**Surplus**|**Transfers**|**Closing**
**Balance**| |---|---|---|---|---| ||£|£|£|£| |Unrestricted Funds|67,690|16,136||**83,826**| |Restricted Funds|3,238|(612)||**2,626**| |Asset Reserve||||**0**| |**Total**|**70,928**|**15,524**||**86,452**| Report and financial statements for the period 1st June 2023 to 31st May 2024 16 Charity Number: 1158669 ## Les Crocodiles TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 1[ST] JUNE 2023 TO 31[ST] MAY 2024 Report and financial statements for the period 1st June 2023 to 31st May 2024 1 Charity Number: 1158669 |I.|TRUSTEES REPORT ............................................................................. 3| |---|---| |1.|1.
OBJECTIVES AND ACTIVITIES .............................................................................................. 3| |2.|2.
ACHIEVEMENTS AND PERFORMANCE ................................................................................ 3| |3.|3.
FINANCIAL REVIEW ............................................................................................................ 4| |4.|4.
STRUCTURE, GOVERNANCE AND MANAGEMENT .............................................................. 5| |5.|5.
REFERENCE AND ADMINISTRATIVE INFORMATION ........................................................... 7| |6.|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 2023 to 31st May 2024 2 Charity Number: 1158669 ## **I. TRUSTEES REPORT** **1. OBJECTIVES AND ACTIVITIES** ~~ee~~ ## 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** ~~ee~~ The board members remain the same for 2023-2024. In 2023-2024 we did increase the following wages: - School Administrator’s wage, more in line with market rate and her task is now including the DBS Check process. Increase from £9,486 to £12,400 - Head Teacher increase from £4,340 to £6,510 due to an increase of hours We added 2 new paid position: - Library Manager £4,960 - Security Manager (gate monitoring) £1,440 During 2023-2024 the charity welcomed the pro bono help from a law firm, this allowed us to review contracts with guardians, premises, teachers, GDPR policies. We are now in line with standard practices. During the School year 2023-2024, the charity welcomed 244 students. Report and financial statements for the period 1st June 2023 to 31st May 2024 3 Charity Number: 1158669 **----- Start of picture text -----**
Student Registrations
240
206 211 206
196
186 181
173
146
80
52
36
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
**----- 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** ~~SO)~~ ## Financial Results Overall, we made a surplus of £15,524 which together with transferred funds of £70,928 from the previous period has left us with total funds of £86,452. In 2022/2023, Les Crocodiles had a profit of £24,035. In 2020/2021, Les Crocodiles had a profit of £7,595. 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 2024–2025 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 2024–2025 of an unrestricted income of £120,930 this would require us to be holding some £60,000. Our unrestricted reserves were £87,061 at year end. This surplus of reserves which is mainly due to an increase of students 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 2023 to 31st May 2024 4 Charity Number: 1158669 **4. STRUCTURE, GOVERNANCE AND MANAGEMENT** ~~ee~~ 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 more in line with market rates. - Expend recruitment of volunteers to help the running of the charity on Saturdays. Report and financial statements for the period 1st June 2023 to 31st May 2024 5 Charity Number: 1158669 - Further expanding the number of trustees to reduce workload of individuals and to minimise over-reliance on any single person Medium-term objectives: - Opening a paid position to provide teacher and teaching assistant a solution if absence occur 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 as the charity is now using all the classroom in the facility. Report and financial statements for the period 1st June 2023 to 31st May 2024 6 Charity Number: 1158669 **5. REFERENCE AND ADMINISTRATIVE INFORMATION** ~~ee~~ ## **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** ~~ee~~ 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 2023 to 31st May 2024 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 3[rd] March 2025 and signed on their behalf. Chair Camille Blateau Report and financial statements for the period 1st June 2023 to 31st May 2024 8 Charity Number: 1158669 ## **II. INDEPENDENT EXAMINERS REPORT** Please refer to attached document. Report and financial statements for the period 1st June 2023 to 31st May 2024 9 Charity Number: 1158669 ## **III. STATEMENT OF FINANCIAL ACTIVITIES** **For the year 1[st] June 2023 to 31[st] May 2024** ||||**2024**||**2023**| |---|---|---|---|---|---| |||Unrestricted
Funds|Restricted
Funds|**Total Funds**|**Total Funds**| ||Note|£|£|£|£| |**Incoming Resources**|||||| |Generated Funds|||||| |_Voluntary Income_|2|113,230|0|**113,230**|**84,148**| |_Investment Income_|3|292|0|**292**|**54**| |Activities|4|7,408|0|**7,408**|**25,258**| |**Total**||**120,930**|**0**|**120,930**|**109,460**| |**Resources Expended**|||||| |Fund Generation Costs|5|5,132|0|**5,132**|**4,236**| |Activities|6|99,662|612|**100,274**|**81,189**| |**Total**||**104,794**|**612**|**105,406**|**85,425**| |**Net Movement**||**16,136**|**(612)**|**15,524**|**24,035**| |Carried Forward||70,928|0|70,928|46,893| |**Total Carried Forward**||**87,064**|**(612)**|**86,452**|**70,928**| Report and financial statements for the period 1st June 2023 to 31st May 2024 10 Charity Number: 1158669 ## **IV. BALANCE SHEET** **As at 31[st] May 2024** **----- Start of picture text -----**
2024 2023
Note £ £ £ £
Fixed Assets
Tangible Assets 7 0 0
Current Assets
Debtors and Accrued Income 8 358 58
Cash at Bank and In Hand 9 86,393 71,285
Total Current Assets 86,752 71,194
Current Liabilities
Creditors: Falling due within 1 year 10 300 415
Net Current Assets 86,452 70,928
Total Assets Less Liabilities 86,452 70,928
The Funds of the Charity 11
Unrestricted Funds 83,826 67,689
Restricted Funds 2,626 3,238
Fixed Asset Reserve 0 0
Total Funds 86,452 70,928
**----- End of picture text -----**
Approved by the Trustees on 3[rd] March 2025 and signed on their behalf by Treasurer: Nick Ryan Chair: Camille Blateau Report and financial statements for the period 1st June 2023 to 31st May 2024 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 2023 to 31st May 2024 12 Charity Number: 1158669 ## 2. Voluntary Income |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|**Total Funds**|**Total Funds**| ||£|£|£|£| |Membership Fees|6,958||**6,958**|**5,000**| |School Fees|92,331||**92,331**|**69,237**| |Tuition Fees|13,941||**13,941**|**9,911**| |**Total**|**113,230**|**0**|**113,230**|**84,148**| ## 3. Investment Income |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|**Total**
**Funds**|**Total Funds**| ||£|£|£|£| |Bank Interest|292||**292**|**54**| |**Total**|**292**|**0**|**292**|**54**| ## 4. Incoming Resources from Activities |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|**Total**
**Funds**|**Total Funds**| ||£|£|£|£| |General Sales
||||**716**| |Food Stall Sales|7,228||**7,228**|**8,010**| |Donations|180||**180**|**452**| |Parapluie Flam||0|**0**|**16,080**| |**Total**|**7,408**|**0**|**7,408**|**25,258**| Report and financial statements for the period 1st June 2023 to 31st May 2024 13 Charity Number: 1158669 ## 5. Fund Generation Costs |||**2024**||**2023**| |---|---|---|---|---| ||Unrestricted Funds|Unrestricted Funds
Restricted
Funds|**Total**
**Funds**|**Total**
**Funds**| ||£|£|£|£| |Miscellaneous Purchases|230||**230**|**9**| |Food Stall Purchases|3,644||**3,644**|**3,281**| |Class Materials|1,258||**1,258**|**946**| |**Total**|**5,132**|**0**|**5,132**|**4,236**| ## 6. Resources Expended on Activities |||**2024**|| |---|---|---|---| ||Unrestricted|Restricted|**Total**| ||Funds|Funds|**Funds**| ||£|£|£| |Head Teacher|1,860.14||**1,860**| |Teachers|51,352||**51,352**| |Teaching Assistants|9,985||**9,985**| |School Administrator|13,135||**13,135**| |Gate Security|576||**576**| |Miscellaneous Expenses|900|612|**1,512**| |Recruitment Expenses|596||**596**| |Rent|14,836||**14,836**| |Travelling|225||**225**| |Printing|65||**65**| |Stationery|1,441||**1,441**| |Books, Magazines etc.|323||**323**| |Hosting Fees and IT
Consumables|1,231||**1,231**| |Audit and Accountancy Fees|341||**341**| |Transaction Fees|1,656||**1,656**| |Subscriptions|143||**143**| |Training Costs|279||**279**| |Insurance|364||**364**| |Refreshments / Staff Welfare|354||**354**| |**Total**|**99,662**|**612**|**100,274**| Report and financial statements for the period 1st June 2023 to 31st May 2024 14 Charity Number: 1158669 ## 7. Fixed Assets ||**2024**|**2023**| |---|---|---| ||£|£| |Net Book Value|0|0| |Purchases|0|0| |Accumulated Depreciation|0|0| |**Total**|**0**|**0**| ## 8. Debtors and Accrued Income ||**2024**|**2023**| |---|---|---| ||£|£| |Debtors|358|58| |**Total**|**358**|**58**| ## 9. Cash at Bank and in Hand ||**2024**|**2023**| |---|---|---| ||£|£| |Santander Current Account|30,012|55,246| |Santander Savings Account|55,967|16,039| |Paypal|414|0| |Cash in Hand|0|0| |**Total**|**86,393**|**71,285**| ## 10. Creditors: Falling due within 1 year ||**2024**|**2023**| |---|---|---| ||£|£| |Prepayments|0|145| |Creditors|300|270| |**Total**|**300**|**415**| Report and financial statements for the period 1st June 2023 to 31st May 2024 15 Charity Number: 1158669 ## 11. The Funds of the Charity ||**Brought Forward**|**Brought Forward**
**Surplus**|**Transfers**|**Closing**
**Balance**| |---|---|---|---|---| ||£|£|£|£| |Unrestricted Funds|67,690|16,136||**83,826**| |Restricted Funds|3,238|(612)||**2,626**| |Asset Reserve||||**0**| |**Total**|**70,928**|**15,524**||**86,452**| Report and financial statements for the period 1st June 2023 to 31st May 2024 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** 31/05/2024 **Charity no** 1158669 **ended (if any)** ~~eeee ee~~ **Set out on pages** (remember to include the page numbers of additional sheets) ~~Po~~ **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._ **Date:** 17/03/2025 **Signed:** ~~_~~ **Name:** Shabir Djakiodine 1 **IER** **Relevant professional** Chartered Accountant (AIA) **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**