**REGISTERED COMPANY NUMBER: 08972576 (England and Wales) REGISTERED CHARITY NUMBER: 1159976** ## **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024** ## **FOR** ## **BRIXTON SOUP KITCHEN** Lewis Brownlee (Chichester) Limited Chartered Accountants Appledram Barns Birdham Road Chichester West Sussex PO20 7EQ ``` BRIXTON SOUP KITCHEN ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`6`| |**`Independent Examiner's Report`**||`7`|| |**`Statement of Financial Activities`**||`8`|| |**`Balance Sheet`**||`9`|| |**`Notes to the Financial Statements`**|`10`|`to`|`14`| |**`Detailed Statement of Financial Activities`**|`15`|`to`|`16`| ``` BRIXTON SOUP KITCHEN ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024 ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended30April2024.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` Ourcharity'spurposeistoempowerLambethresidentstohelpandassisthomelesspeopleandthoseindireneed in theircommunitytounderstandtheimplementationofthewelfarereformandhowasacommunitytheycan work togethertopreventandrelievepoverty.WeenablepartnershipswiththeLondonBoroughofLambethand primary stakeholdersforthepreventionorreliefofpovertyintheLambethboroughinparticular,butnotexclusively, by providingemergencyfoodsuppliestoindividualsinneedand/orcharities,orotherorganisationsworkingto prevent or relieve poverty. ``` ``` WealsoworkwithLambethresidents,includingyoungpeoplewhoareNEET,whoarecurrentlyoutofworkto gain employmentbyprovidinginformation,guidanceandsupport-includingCVwriting,interviewskillsandcover letter development. ``` ``` Our aims fully reflect the purposes that the charity is set up to further. ``` ## **`Ensuring our work delivers our aims`** ``` Wereviewouraimsandobjectivesregularly.Thisreviewlooksatwhatweachievedandtheoutcomesofour work overtheprevious12months.Thereviewlooksatkeyactivitiesandthebenefitstheyhavebroughttothosegroups of peoplewearesetuptohelp.Thereviewalsohelpsusensureouraim,objectivesandactivitiesremainedfocused on ourstatedpurposes.WehavereferredtotheguidancecontainedintheCharityCommission'sgeneralguidance on public benefit when reviewing our aim and objectives and in planning our future activities. ``` ## **`The focus of our work`** ``` The main objectives for the year were to forge relationships within our community with the aim of the following: ``` - `increase and sustain the support of the local network of enterprises & individuals` - `promote and foster local involvement to prevent and relieve poverty` - `receive, collect and distribute food for the centre from local business donations` - `receive, collect and distribute various other donations for the centre` ``` The outcomes of the charity's work are the following: ``` - `providing a safe place to gather and enjoy companionship & conversation` - `providing hot meals during the week to anyone who visits the centre` - `providing a well-stocked food & clothes bank to anyone who visits` - `delivering hot meals in regular Outreach forays in the South East` - `providing Wednesday Book at Breakfast reading groups` - `hosting Thursday Lawyers in the Soup Kitchen` - `providing advice on employment & housing` - `providing practical assistance & equipment to produce CVs and Cover Letters` ``` Page 1 ``` ``` BRIXTON SOUP KITCHEN ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024 ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`How our work delivers public benefit`** ``` Equalaccesstoourservicesisimportanttothecharity,asisaverypersonaldailyinvolvementoftheDirectors. The ColdharbourWard,wheretheBSKoperates,isthemostethnicallydiversewardintheboroughofLambethand the secondmostpopulatedwardwith16,784residents.Itisthepoorestwardintheboroughwithapproximately 8.7% (1,103)ofresidentsunemployed-ofthese,495areclassifiedaslong-termunemployed,thehighestinthe borough. TheBSKservicewelcomes65%morementhanwomenand31%ofthetotalserviceusershaveacurrentCV.79% of theserviceusersareinreceiptofbenefitsandoverhalfoftheserviceusershaveissuesaroundmentalhealth,drug & alcohol use with many experiencing homelessness. ``` ``` Ourservicehasaccesstoapproximately470individualsaweektowhomhotfood,clothing,toiletriesandsupport is given - this is done via the Coldharbour Lane premises and our Outreach. ``` ``` Additionally,extensivemediacoverageallowsthedisseminationofconcreteinformationabouthomelessness and encourages public engagement. ``` ## **`Coldharbour Lane`** ``` ThebuildingonColdharbourLanehousestheBrixtonDomino&SocialClubonthegroundfloorandtheBrixton Soup Kitchenonthefirst.Withthankstothe'Surprise,Surprise'televisionshow,thekitchenisafully functioning enterprisewithroomforachef&volunteerstoprepareandcookfoodeveryday.WithadonationfromtheMarks & Spencer'SparkSomethingGood'projectthereiscomfortablefurnitureinthereceptionanddiningareas.Service users signinandmayenjoyawarm,welcoming,relaxedatmosphereandhaveaccesstoTVandWiFiconnection.Hot food isservedduringtheweekwithdonationscomingfromavarietyoflocalbusinesses.Coresupportcomestothe BSK fromFrancoManca,Nando's,Greggs,LIDLandasteadystreamofrandomdonationsbywayoffoodstuffs (mostly frozen)iscollectedweekly.Ascustodiansofthebuildingtheteamkeepthebuildingcleanandsafeaswellas caring forthelargegarden,whichisusedinthewarmermonths.CitiBankbecameinvolvedinatotalclearingofthe garden bringinginindustrialdiggersandthegardenisnowsafeboastingalargeBarbeque.Thereareplansto create vegetable growing areas in the garden, which will be made accessible to the disabled and the community at large. ``` ## **`Outreach`** ``` Withthesuccessfulfundraisingforanoperationalvan,theSoupKitchenisabletomakeOutreachtripsto the homelessonLondonstreetseveryfortnightandplantodosotwiceaweekasfundsallow.Hotfood&drink, toiletries andclothesaredistributedwiththehelpofvolunteersalongsidetheDirectors.VolunteersgatheronSunday mornings to prepare the food & care packages and set out through the night. ``` ``` RegularOutreachalsoinvolvesspeakingengagementsandtalksinschools.TheBSKhascreatedacloserapport with theJobCentrePlus,thePinnaclePeopleandLambethProbationService,arrangingforindividualstocommiton a regularbasis,whichallowstheKitchentorelyonassistanceaswellasbolsteringasenseofeffectivenessin each service user. ``` ``` TheDirectorsregularlygiveradioandnewssourceinterviewsastheSoupKitchenisaninspirational enterprise demonstrating positive outcomes from their dedicated engagement. ``` ``` Page 2 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024`** ## **`ACHIEVEMENT AND PERFORMANCE Time Line of Notable Activity`** ``` January -Fulwell Corporation came and volunteered at breakfast soup kitchen. February -Podcast interview about BSK and our journey on a platform with over 300k followers. -We also did an outreach service in Brighton. March -PayPal gave a donation of £2,000 towards our back to school drive. April -JP Morgan volunteered for a week at BSK. May -Some of the team at Brixton Soup Kitchen took some hard to reach children away for the weekend in order to help them explore life away from the estates they live in. June -Go Compare and the Maker Corporation came and volunteered at the Soup Kitchen for the day. July -Brixton duo kitchen manager to build a water fountain in Zanzibar in order to supply children with fresh running water along with doing a stationery drive for children facing poverty. August -We did our annual back to school drive where we gave out over 3,500 uniforms to children in need. September -We teamed up with a company called c-Blu to give out free hair cuts to the homeless and less fortunate people in the community. October -We did a community outreach where we go out into London and feed the homeless. November -We did a big giveaway for families in need and teamed up with UKACDST teams. -We also did our annual community give back fireworks display and teamed up with drip water team. December We did our Christmas give back/Santa grotto supplying children and families goods for Christmas. JP Morgan -came and volunteered with Brixton Soup Kitchen. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` TheBSKisunencumberedbyanydebtandmovesforwardfromastrong,well-respectedposition.Sincethe Kitchen hasbeensetup,includingthetimeithasrunasaregisteredcharity,ithasreliedsolelyonsmallpublic donations from the local community and receiving no formal funding. ``` ## **`Principal funding sources`** ``` Privatedonationsarethesolesourceofincome.Effectiveuseofsocialmediaandvariousfundraising campaigns havesuccessfullyraisedasubstantialpartoftheyears'income.Manysmalldonationsfromindividualsare the principalsourceofincometodate.Planstocreateseveralmoreproject-ledcampaignsarescheduled. Sourcing regular, consistent funding is paramount to our future. ``` ``` ThesupportersoftheSoupKitchenareintegraltoourorganizationandwestayinconstantcontacttoassurethem of monies appropriately, prudently spent. ``` ## **`Reserves policy`** ``` TheBSKisunencumberedbyanydebtandmovesforwardfromastrong,well-respectedposition.Sincethe Kitchen hasbeenestablished,includingthetimeithasoperatedasaregisteredcharity,ithasreliedsolelyonsmall public donations predominantly from the local community and receiving no formal funding. ``` ## **`FUTURE PLANS`** ``` Ouraimistobuildonthesuccesses.Mediacoveragehasbeenwidespread,themanagementofthekitchenisin place andasuccessfulOutreachformathasbeenestablished.ArenewedBusinessPlanwillfocusonaspectsofthe Soup Kitchen that may be funded long-term with specific campaigns targeting seasonal projects. ``` ``` Page 3 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ``` TrusteeswillbeappointedandapprovedasactivemembersoftheBoardofTrusteesbytheBoardofDirectors, as requiredbytheCharityCommission.Onlyoneappointmentperhouseholdwillbeaccepted.Nominationsfor the specificCommitteeroleswillbevotedonattheinauguralannualgeneralmeetingoftheBrixtonSoupKitchen's Board of Trustees. This is to be held during the month of April. ``` ## **`Recruitment and appointment of new trustees`** ``` Atpresent,theCommitteehas5membersfromavarietyofprofessionalbackgroundsrelevanttotheworkof the charity.AllmemberoftheManagementCommitteegivetheirtimevoluntarilyandreceivednobenefitsfrom the charity. ``` ``` Duetothenatureofmuchofthecharity'sworkinevitablyfocuseduponthehomeless,thoseinneedand young people,theDirectorsseektoensurethattheparticipationinthisgroupareappropriatelyreflectedthrough the diversityofthetrusteebody.Asayoungcharity,thedirectorshavealsochosentrusteeswhoaregladlyableto offer practicalskillssuchasinformationtechnologysupport,marketing&promotionaladvice.Someskillsetsalso cover policing and safety from violence. ``` ``` Theannualmeetingisheldattheoperatingpremisesandallowsthetrusteestoexperiencefirst-handthe regular workings of the charity. ``` ## `Members of the Management Committee` ``` Members of the Management Committee certify that: ``` - `so far as we are aware, there is no relevant audit information of which the company's auditors are unaware; and` - `as members of the management committee we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information.` ## **`Organisational structure`** ``` ADirectorandCentreManagerareon-sitedailyandoverseethesmoothrunningofthecharity.Thecoreteamof 9 people,comprisesadailyvolunteeradministratordedicatedtooversightofallcorrespondenceandcalls coming throughthewebsite(average900hitsaweek),aCentreManager,volunteerchefsandhelpers,noneof whom currentlyreceiveanyremuneration.TheextensiveUKmediacoverageandswiftword-of-mouthinthearea means thatmanypeoplecallorwriteofferingtovolunteertheirtime-theBSKtargetsstrengthstobestenhancethe work that needs to be done. ``` ## **`Operational Outcomes`** ``` TheDirectorsandtheorganizationhavereceivedrecognitionfortheworkoftheKitchenbywayofAwardsand media coverage,including;OurHeroesAward(twice),Back2BlackInspirationalAwardBAFTA,PreciousAward, Community RecognitionAwardGreaterHeights,IndependentOnSundayHappy100Award,EveningStandardProgress 1000 Award-MostInfluentialLondoners.TheBSKhavemadeappearancesonUK'sSurprise,Surprise,ITVNews, Victoria Derbyshire Show, SKY News, LBC, BBC News, Chicken Shop C4 and Solomon was a Bar B Q Champ. ``` ``` Alargesocialmediafollowingallowstheorganisationtoremaincurrentwithsupportersandgalvanisethe community at any time. ``` ## **`Insurance`** ``` ThirdSectorProtectcurrentlyprovidethePublicLiabilityInsurancepolicyfortheSoupKitchenexpiringin February 2025.TherewillbeadirectlinktotheextensiveSafeguardingPolicytowhichtheKitchenadheresonthenew website currently under development. ``` ``` Rigorousproceduresareinplacetoensurecompliancewithhealthandsafetyofstaff,volunteers,clientsand visitors tothecentre.TheDirectorsregularlyattendtrainingopportunitiestohonetheirskillsinLeadership,Youth Work, Food Hygiene, Health & Safety, First Aid and Fire Marshalling. ``` ``` Page 4 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Additional Support`** ``` Duelargelytomediacoverage,theSoupKitchenhasgeneratedthesupportofMPs,chiefsofindustryand legal practitioners who offer advice and some financial support. ``` ## **`Auditors`** ``` LewisBrownleewasappointedasthecharitablecompany'sauditorsduringtheyear.Thisreporthasbeenprepared in accordancewiththeStatementofRecommendedPractice:AccountingandReportingbyCharities(issuedin March 2005)andinaccordancewiththespecialprovisionsofPartVIIoftheCompaniesAct1985relatingtosmall entities. Approved by the Management Committee in January 2018 and signed on its behalf by Solomon Smith, Director. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 08972576 (England and Wales) ``` ## **`Registered Charity number`** ``` 1159976 ``` ## **`Registered office`** ``` 297-299 Coldharbour Lane London SW9 8RP ``` ## **`Trustees`** ``` W Goode S D Smith J Whyte N Gilbert C Henry ``` ## **`Management Committee (board)`** ``` S Smith W Goode N Gilbert J Whyte C Henry ``` ## **`Senior Management Team (frontline)`** ``` S SmithManaging Director M LammieCentre Manager T AlcindorAdvisor (Lawyers in the Soup Kitchen) M HashiCo-founder and advisor ``` ## **`Independent Examiner`** ``` S Alexander FCCA FCA Lewis Brownlee (Chichester) Limited Chartered Accountants Appledram Barns Birdham Road Chichester West Sussex PO20 7EQ ``` ``` Page 5 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024`** ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Bankers`** ``` Santander 498 Brixton Road London SW9 8RP ``` ## **`Insurers`** ``` Third Sector Protect NCi House Lowreys Lane Low Fell Gateshead Tyne & Wear NE9 5JB ``` ``` Approved by order of the board of trustees on ............................................. and signed on its behalf by: ``` ``` .............................................................. S D Smith - Trustee ``` ``` Page 6 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ``` ``` BRIXTON SOUP KITCHEN ``` ## **`Independent examiner's report to the trustees of Brixton Soup Kitchen ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2024. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006 Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` S Alexander FCCA FCA ``` ``` Lewis Brownlee (Chichester) Limited Chartered Accountants Appledram Barns Birdham Road Chichester West Sussex PO20 7EQ ``` ``` Date: ............................................. ``` ``` Page 7 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2024`** |||||**`2024`**|**`2023`**| |---|---|---|---|---|---| |||**`Unrestricted`**|**`Restricted`**|**`Total`**|**`Total`**| |||**`fund`**|**`fund`**|**`funds`**|**`funds`**| ||**`Notes`**|**`£`**|**`£`**|**`£`**|**`£`**| |**`INCOME AND ENDOWMENTS FROM`**|||||| |`Donations and legacies`|`2`|**`143,408`**|**`-`**|**`143,408`**|`149,280`| |`Investment income`|`3`|**`15`**|**`-`**|**`15`**|`-`| |**`Total`**||**`143,423`**|**`-`**|**`143,423`**|`149,280`| |**`EXPENDITURE ON`**|||||| |**`Charitable activities`**|`4`||||| |`Charitable activities`||**`107,023`**|**`-`**|**`107,023`**|`139,455`| |`Other`|`6`|**`7,993`**|**`-`**|**`7,993`**|`7,761`| |**`Total`**||**`115,016`**|**`-`**|**`115,016`**|`147,216`| |**`NET INCOME`**||**`28,407`**|**`-`**|**`28,407`**|`2,064`| |**`RECONCILIATION OF FUNDS`**|||||| |`Total funds brought forward`||**`24,542`**|**`-`**|**`24,542`**|`22,478`| |**`TOTAL FUNDS CARRIED FORWARD`**||**`52,949`**|**`-`**|**`52,949`**|`24,542`| ``` The notes form part of these financial statements ``` ``` Page 8 ``` ## **`BRIXTON SOUP KITCHEN`** ## **`BALANCE SHEET 30 APRIL 2024`** |**`Unrestricted`**
**`Restricted`**
**`fund`**
**`fund`**
**`Notes`**
**`£`**
**`£`**
**`FIXED ASSETS`**
`Tangible assets`
`9`
**`20,394`**
**`-`**
**`CURRENT ASSETS`**
`Debtors`
`10`
**`24,112`**
**`-`**
`Cash at bank`
**`10,663`**
**`-`**
**`34,775`**
**`-`**
**`CREDITORS`**
`Amounts falling due within one year`
`11`
**`(2,220)`**
**`-`**
**`NET CURRENT ASSETS`**
**`32,555`**
**`-`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`52,949`**
**`-`**
**`NET ASSETS`**
**`52,949`**
**`-`**
**`FUNDS`**
`12`
`Unrestricted funds`
**`TOTAL FUNDS`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`20,394`**
**`24,112`**
**`10,663`**
**`34,775`**
**`(2,220)`**
**`32,555`**
**`52,949`**
**`52,949`**
**`52,949`**
**`52,949`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
`15,272`
`8,729`
`6,181`
`14,910`
`(5,640)`
`9,270`
`24,542`
`24,542`
`24,542`
`24,542`| |---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year ended 30 April 2024. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on ............................................. and were signed on its behalf by: ``` ``` ............................................. S D Smith - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 9 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January 2019)', FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of Ireland'andtheCompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistorical cost convention. ``` ## **`Financial reporting standard 102 - reduced disclosure exemptions`** ``` Thecharitablecompanyhastakenadvantageofthefollowingdisclosureexemptioninpreparingthese financial statements,aspermittedbyFRS102'TheFinancialReportingStandardapplicableintheUKandRepublic of Ireland': ``` - `the requirements of Section 7 Statement of Cash Flows.` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothe funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful life. ``` ``` Fixtures and fittings- 25% on cost Motor vehicles- 25% on cost Computer equipment- 25% on cost ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ``` continued... ``` ``` Page 10 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2024`** |**`2.`**
**`DONATIONS AND LEGACIES`**
`Donations`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`4.`**
**`CHARITABLE ACTIVITIES COSTS`**
`Charitable activities`
**`5.`**
**`SUPPORT COSTS`**
`Charitable activities`
**`6.`**
**`OTHER`**
`Depreciation`
`Support costs`
**`7.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Independent examination fee`
`Depreciation - owned assets`|**`2024`**
**`£`**
**`143,408`**
**`2024`**
**`£`**
**`15`**
**`Support`**
**`Direct`**
**`costs (see`**
**`Costs`**
**`note 5)`**
**`£`**
**`£`**
**`104,013`**
**`3,010`**
**`Governance`**
**`Finance`**
**`costs`**
**`£`**
**`£`**
**`74`**
**`2,936`**
**`2024`**
**`£`**
**`7,993`**
**`3,010`**
**`11,003`**
**`2024`**
**`£`**
**`2,220`**
**`7,993`**|**`2023`**
**`£`**
`149,280`
**`2023`**
**`£`**
`-`
**`Totals`**
**`£`**
**`107,023`**|**`2023`**
**`£`**
`149,280`|**`2023`**
**`£`**
`149,280`|**`2023`**
**`£`**
`149,280`| |---|---|---|---|---|---| ||||||**`2023`**
**`£`**
`-`| |||||**`Totals`**
**`£`**
**`3,010`**
**`2023`**
**`£`**
`7,761`
`5,656`|| ||||||**`2023`**
**`£`**
`7,761`
`5,656`| |||||`13,417`|| |||||**`2023`**
**`£`**
`2,040`
`7,763`|| ``` continued... ``` ``` Page 11 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2024`** ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended30April2024norforthe year ended 30 April 2023. ``` ## **`Trustees' expenses`** ``` There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023. ``` ## **`9. TANGIBLE FIXED ASSETS`** |**`Fixtures`**
**`and`**
**`Motor`**
**`Computer`**
**`fittings`**
**`vehicles`**
**`equipment`**
**`£`**
**`£`**
**`£`**
**`COST`**
`At 1 May 2023`
**`-`**
**`34,149`**
**`6,188`**
`Additions`
**`13,115`**
**`-`**
**`-`**
`At 30 April 2024`
**`13,115`**
**`34,149`**
**`6,188`**
**`DEPRECIATION`**
`At 1 May 2023`
**`-`**
**`19,325`**
**`5,740`**
`Charge for year`
**`357`**
**`7,412`**
**`224`**
`At 30 April 2024`
**`357`**
**`26,737`**
**`5,964`**
**`NET BOOK VALUE`**
`At 30 April 2024`
**`12,758`**
**`7,412`**
**`224`**
`At 30 April 2023`
`-`
`14,824`
`448`
**`10.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`2024`**
**`£`**
`Other debtors`
**`24,112`**
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`2024`**
**`£`**
`Trade creditors`
**`-`**
`Accruals and deferred income`
**`2,220`**
**`2,220`**|**`Totals`**
**`£`**
**`40,337`**
**`13,115`**|**`Totals`**
**`£`**
**`40,337`**
**`13,115`**| |---|---|---| ||**`53,452`**|| ||**`25,065`**
**`7,993`**|| ||**`33,058`**|| ||**`20,394`**|| ||`15,272`|| |||**`2023`**
**`£`**
`8,729`| |||**`2023`**
**`£`**
`3,720`
`1,920`| |||`5,640`| ``` continued... ``` ``` Page 12 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2024`** ## **`12. MOVEMENT IN FUNDS`** |**`MOVEMENT IN FUNDS`**|||| |---|---|---|---| |||**`Net`**|| |||**`movement`**|| ||**`At 1/5/23`**|**`in funds`**|**`At 30/4/24`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|**`24,542`**|**`28,407`**|**`52,949`**| |**`TOTAL FUNDS`**|**`24,542`**|**`28,407`**|**`52,949`**| |`Net movement in funds, included in the above are as follows:`|||| ||**`Incoming`**|**`Resources`**|**`Movement`**| ||**`resources`**|**`expended`**|**`in funds`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|**`143,423`**|**`(115,016)`**|**`28,407`**| |**`TOTAL FUNDS`**|**`143,423`**|**`(115,016)`**|**`28,407`**| ## **`Comparatives for movement in funds`** |||**`Net`**|| |---|---|---|---| |||**`movement`**|| ||**`At 1/5/22`**|**`in funds`**|**`At 30/4/23`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|`22,478`|`2,064`|`24,542`| |**`TOTAL FUNDS`**|`22,478`|`2,064`|`24,542`| ``` Comparative net movement in funds, included in the above are as follows: ``` ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|**`expended`**|**`in funds`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|`149,280`|`(147,216 )`|`2,064`| |**`TOTAL FUNDS`**|`149,280`|`(147,216 )`|`2,064`| ``` continued... ``` ``` Page 13 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2024`** ## **`12. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |||**`Net`**|| |---|---|---|---| |||**`movement`**|| ||**`At 1/5/22`**|**`in funds`**|**`At 30/4/24`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|`22,478`|`30,471`|`52,949`| |**`TOTAL FUNDS`**|`22,478`|`30,471`|`52,949`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|**`expended`**|**`in funds`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|`292,703`|`(262,232 )`|`30,471`| |**`TOTAL FUNDS`**|`292,703`|`(262,232 )`|`30,471`| ## **`13. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 30 April 2024. ``` ``` Page 14 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2024`** |**`2024`**
**`£`**
**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
**`143,408`**
**`Investment income`**
`Deposit account interest`
**`15`**
**`Total incoming resources`**
**`143,423`**
**`EXPENDITURE`**
**`Charitable activities`**
`Rates and water`
**`1,000`**
`Insurance`
**`7,863`**
`Light and heat`
**`891`**
`Telephone`
**`2,822`**
`Postage and stationery`
**`26`**
`Marketing`
**`2,650`**
`Sundries`
**`1,560`**
`Food costs`
**`29,082`**
`Travel`
**`8,597`**
`Equipment`
**`2,606`**
`Administrator & Fundraiser`
**`29,047`**
`Staff consumables`
**`7,432`**
`Motor expenses`
**`1,006`**
`Clothing`
**`228`**
`Computer costs`
**`503`**
`Rent`
**`7,000`**
`Repairs`
**`1,700`**
**`104,013`**
**`Other`**
`Fixtures and fittings`
**`357`**
`Motor vehicles`
**`7,412`**
`Computer equipment`
**`224`**
**`7,993`**
**`Support costs`**
**`Finance`**
`Bank charges`
**`74`**
**`Governance costs`**
`Independent examination fee`
**`2,220`**
`Accountancy and legal fees`
**`300`**
`Legal fees`
**`416`**
**`2,936`**|**`2023`**
**`£`**
`149,280`
`-`| |---|---| ||`149,280`
`-`
`618`
`4,928`
`3,211`
`38`
`173`
`299`
`75,536`
`14,319`
`1,247`
`3,270`
`22,152`
`5,277`
`2,286`
`445`
`-`
`-`| ||`133,799`
`-`
`7,412`
`349`| ||`7,761`
`394`
`2,040`
`250`
`2,972`| ||`5,262`| ``` This page does not form part of the statutory financial statements ``` ``` Page 15 ``` ``` BRIXTON SOUP KITCHEN ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2024`** |**`2024`**
**`£`**
`Total resources expended`
**`115,016`**
**`Net income`**
**`28,407`**|**`2023`**
**`£`**| |---|---| ||`147,216`| ||`2,064`| ``` This page does not form part of the statutory financial statements ``` ``` Page 16 ```