REGIsTED CCWAin 14U141PER: 091226511EnW•NI •nd W•t•sl EGISTtAED CHARifY NiIMWi: 1163509 REPORT OF THE IRUSIEES AND UMAVDITED FWKIAiSTATEN*NTS FOR YEAR EMOED 31 hiARCH 2025
BROADSTAIRS TOWN TEAM LTD coKrENT5 OF THE FINANaALSTATEMEIITS FOR THE YEAR ENDED 31 MARCH 2025 Rth1*n •nd •dmlnl$trntd•ll5 Ch•W$5t•t•m•nt IW ofthetru5tees Indwndert Examknees Si•t•m•rt of Fln•n(lal A£tl¥llles io Notes tothe •ccwnts 11-17 Detalled Statement ol Fln•rKlal A¢tlvlt 18
REFERENCE ANDADMINSTRATIVE DETAILS FOR THE YEAR E140EO 31 MARCH 2025 Mrs K cler)n Ms K Milleii Mrs P A Hardy Mrs S A Wainwr MsDNSfv)rt REGISTERED OFFICE 7 The Broathway road51air5 Kent 10 2AD REGIThRED COMPANY NUMDER 09122651 lElInd aNI Walesl REGISTERED (IIARITY IliNBtR 1163509 INOEPENDEMf EXAMINER Stephen Margetts 18 Upper Road MarBate Kent cr9 2LX Pa8e I
BROADSTAIRSTOWN TEAM LTD CHAIR'ssfATEMEP FOR THE YEAR ENDÉO 31 MARCH XI WNle refiertlni •vrtl rtr¥lslllry tr 1¢ stru(kmeth# thls bew the most W(KknVe?r of c41obor•llon and muth broaderoutreach forTv•m Team. A muttkud••f•wwds •NI r•wn11k r•ulw•d so m•ry •sp•rfsolTtynT••m •thlikns P$11•¥1 5UPPQrt Jnd As such, it feels appropriate to list athievnerts and ertnts in (trm)o8l ordw. aThJ list ow manyand varfjous collaljorators. funders, surp)rters aThJ partnets. IVS a li of a comtsnation of Town Team act1vits, partnershlp proSetts and Town Shed achlevements we skjuld celebrate aThJ sha. What an amazo ltst 6t 65 too. We are jLtstly proud and 8ratdul to all the srlunteefSTM) 1P us makethiw happenfor both Broadstairs, St Peters and Thanet-wide. No ¥olunteers= noTown Team orshed. End MarthlAprfl 2024 - Shed. Town Team and Tasty planten all partKipatt inTLMfn CouKifs inaVl'CommUnity Fe1¥ar in Pierremont Park, with 20 other local community Broups . Shed Open Day and Sale saw 2CQfr plus visitors, raffle& many sales & rw membvs - Shed hosts Xdl external workshopshalks as part of Woufish and Flourish. Tasty Planter5 run children's workshops as part of Broadstairs Food Festival - X4 Community litterpi¢ks happen acro5$ 8roJdstair5and St. Peterfs May 2024 . Town Team a5a wh(Aeawarded'Mayore55 cu by The marfor0UtstandiConlritr to the cornrnunity at teremony in Pierremont Hall - shed 10th Anniversary celebrated in-housé and then partyforshtd famity. with huge cake in St. Peterfs - At the Shed work started on demolition in readinessfor new roof & solai panels shed att•)ded and demo'd at 51. Peterfs Cthurch Hall Fayre - Shed'remote. actiwties sthrted-visils to assorted local attractions IMinfj8oW/Garden GatelTunnds etc., while buildi works started Gardens Groups supwned Lk¢nation of lime and skills by Tkin8TaWes- Lorylon based busine lan annual event n¢)wll gardeni. Ilrrerpkkand patntyng Tasty Planter5'Giveaway and share. rrKJrniry homed in Pierremont Pafk Children's litterpick in partnership wth Colleaivrf Vikmg 8av 4 litterpick5 took a(e3CrOSS 8roadstairs and St. Peterfs Jun 2024 nali5t5 in BBC Radio Kent ake a differerKe' aw3nts-Shedh group attended celebration at Chatham Dockyard - 20 dlfferent advisors and community SUPP)rt 8roups came and 8avetslksand supported shed members- N&F - Tiles of Jol with JAW ceramlcs started as an oTrgoirq project from that 111 e trkshopS planned on-going 2 more'Little tibrarie5' built at Shed and sent wt to new custodkins in the crmmunity Copperfield Court step in and offerThe Shed a meetISpe while it is closed. Intense prep by all volunteers in run up and then RHS ju(e5 W5rt tozll GaredensGroup srtts as part of IYN programme Planter5 at ststion given comOete 'make overf by volunteer5 from yrderts & Town Team in general New planter made at Shed. then planted. installed and laurKhed by Tasty Wanter5 * Chartwell Care Homefor residents io Ca for 2 litterpicks took F4ace JT 2024 - Discover your communi day & workshops ho$ by Shed. (attended by Tasty Plantersteam tool) at Gadd's lyewery. 15+ local groupsTrJil u5. funded ty National Lottery Your Neighr Fabulous networknng dav . shed Team attended and suppjrted new team at Sandwich'community Sherf lach Shared surplus eouipment with at x 2 other IcKal Sheds Jpported new, fled81in8 Shed in Rarn5Bate with PolIciandtk3nd too15 - Remote'sausage Stule. hosted for membersof Shed while thsed - 3 5etsof indlviduals and 8rout6 tOed Town Team IitttrpKitquiWent fortheir own pith. Cont... Page 2
CHAIR'S STATEMENT. rontlnwd FOR THE YEAR EhlDED31 MARCH XI25 Awst 2024 (alwa a quite month- h01th and familyc(Mnmr(ments forvolunteersl Shed received large 8rani from Naiional Famers Unir Refurbishment of Dickens •AosaKs and garden 8mupiidy up happened in St. Peterfs IrtteTpick No.. 2 wrth children in collab. with Kinder collective S•membw2024 Shed Heads anended BBC Radio'make a d6fferwKe' Awards asfinalists Shed attended'National Suicide Prevention daf at Windrnill Communityallotments Shed team attended celebrntion of 85th Anniversary of fjtiZe Advi In Broadstair5 RHS'IVS Your Nei8hbourhood Gold aThY'Outstandin< awards presented to Gavdens voluntetts at Wislev Tasty Planters addr(ional'Giveaway and Share. Mom1 in PiL¥remont Park a ioarin8 SLKcess a8ain . Thanet Wandefers'C(Knmunity W saw Tasty Flanters Sha seeds. pknrts and p$th k)ts of r and plant enthlasts alike Odobpr 2024 New roof and solar panels finalty instslled and welcomed in by e4rry0 ined The Shed atan opening ceremony and toppin8 off - Steve Edney- No Narne Nursery- gavea talkto Gard Groupvolunteers - Extenswe bulb planti happened wtihthe supwtof Row donation aThl btlunttets from StraI other local communlty groups and buslnesses - Tasty Plarbters partIcIpat In the first eVerT-Ide Eco Falrf at nkeTr Gardens in Marweiwestbrook No¥ember2024 - Shed finalist In UK Men's Shed Ass550n annual awarts- Vartnushlp ofthe yearf for Towlsof Hope. wojea held at Chatham Dockyards. - 2 more'Little Libraries. made at Sd and released inio thecommunity and theircustothans Shed annual Chrisvnas Open Dayand Sale a 8reat success - New'Eco Gardening si8n eferted and lawKhed atthe Statn. AthJit*I sustwnable gardening content hwsed on websfte to share with local gardener5 and twd! - Tasty Planter5 Giveaway and Share [rnIng at CramO0nTor. Ywed 5eets. Wants and b)ok5 with over 130 peoFIe. Irt1Je Me-made wreaths for saleto t¥JlsterfWS De¢ember1024 - AGM of Town Team . Shed annual Chrisa5 lurKh a roarin8success- attaidees - Tasty Panters volunteers helped Plant irees funded b¥theTaIn Co¢J11 S Utterpicks took place J•nuary 2025 - Collaborative cOrnrnunty8ardeni Initiati at IfKtoria Gardens arKI1 Balmoftl Gardens 3 litterpick5took place Febnwy 2025 - Green wood worklng and whlttllng course Mans at Shed wh newiexherTkJmas 'Refill Broadstairs. launCh collaborntion Chamber. Town crrI1. Stickers rdled wven out to High St. and beyond 3 Litterpicks mah2o25 - Kent AssociatK>n of Local Councils Q>mmunrtyAward5 received ty t(¢h Ch•r alT0wnTearn as a wh)le - TownTeam. Gardens Groupand Chairand win 3 award5 at inauguTrl TDCfJEK'CornmuThty thampb)ns' Awards rKludln8 overall Champons trophy for'Pride in Plxe, - Shed participates in'Natlonal Lottery Open weey eNtrtwith Works)p in wint maki - First wood engrawThK sessions happened at The Shedarxl Pdty Billin8ton l our MPI came and visited The Shed - Green wood workinyffiittlin8 session at The Shed . 120+ people attended Tasty Planters 'Giveaway and Share rnOmi8t Crarnpton Tower - 5 litterpicks took Iate, Pierrtmont Pari vi Bay. Mernrial Re Pa8e 3
BROADSTAIRS TOWN TEAM LTD CIIAIR'S STATEMENT- tontlnued FOR THE YEAR ENDED 31 MAIICH 2025 Our generous funders and collaboraiors hall Of fame thb ar. We are grateful for and have leamed from your suppory knowledge and 8wwothy, en)Ved working as partners and collaborating with you all- Abbey Physic Garden. Academy FM. Asda. AWOC. 8BC ftadlo Kent. Blrchlngton Man's Shed. 8reaklr¢g Barriers InratIOn. Broadstalr$ and St. Peterfs Town Counal. Broadstairs Botanicals. Carerfs Support East Kent. Broadstsirs Carpets. Chandlers. Changing Minds Kent. Chartwell House Care Home. fjtiiens Advi. aeary Foundation. aeverdons Chartered Accountants. Co-op. Community Ownership fund. Copperfidd Court Care Home. Crampton Tower Museum. Creative Isle Community Rail PartrshIp. Cuts Inc. Dane Court School. Duke of Edinburgh Award Scheme. East Kent College. Gadd's Brewery. Hopeville Therapeutic Services. Isle of Thanet Gazette. JAW ceramics. Kent Assocjation for the Blind .Kent Community Foundation. Kent Community Volunteers. Kent Libraries. Kent Police. Law50n Trust. Lilliput Mini Golf. Mind Mid Kent. Kinder Collective. Martello Fund. Mccarthy Stone. Monkton Nature resewvÈ. National Famiers Union. Network Rail. Nèurodivergent Thanet. NHS Health Outreach Acfvisors. North Foreland Gold Club. OFP fimber Frame H(MJses. Omega Windows. Plantlet. Prostste UK. Quakers. Quex House. Ram58ate Garden Centre. Ramsgate Tunnels. Rotary. Social Enterprise Kent. Southem Water. Stanley Smlth. St. Jame< primary schod. Strokes Mini Golf. St. Peterfs Church. St. Peterf5 Village Tour5. STAK Life. Sunken Garden Society. Talking Tables. Tesco. Thanet Community Ad MaBazine. Thanet District Coun¢il. The Broadstairs Society. The Pottin8 Shed landscapes. The Cde Trust. The Garden Gate project. The Minster Shed. The National Lottery'Know your Neighbourhood, fund. The National Lottery'community Funrf. The Roy5ton. UK Power Network5. Wave Community Bank. Willow Winston. Windmill Community Gardens. Wrinkty ac. Youngs N4brseries. Thanks lor all ourvolunieers Above all, and underpinning all of that- the knndne5s. generosity. skilts knowledge and dedication of every slnBle volunteer that makes everything we do happen. And thanks to our wonderful staff Debbie, you are The Sheds rock. You listen. you Care. you makesure everyone and everythlng Is accounted for and happy. You are a gem, we are so 8rateful for everything you do. both as part ofyour paKI role and far beyond. We are lucky to have you In our Shed family. Thank You. Helen. Without yov- the Shed would just not be the incredibleforce for 8¢)od that it is In and for our Community. Your intuition, skills, empathy, understandin8 and managing of the most tricky of situations and challenges is second to none. Both your Interpersonal and personal Craft skills bring a unique perspective and asset to %that we do, how we collaborate with others and how we devdop The Shed for the future. The Shed's future and ivs unique position to help other or8anisations too looks so bright. in no small wayium betause of you. The handlin8 of the grant applTr¢ation for our long- awaited new roof and then your extraordinary project rnanagement and reporting thlls took us over the line this year when we doubted for so long It was possible. The gratitude we feel as Trustees for all that you do, again above and bemnd yOUr)b spec., is enormous. Thank You My personal Thanks and Gratttude to my fellow trustees Karen- oh master of spreadsheet and Bood accounting practi, we salute you. I particularly double salute you and the hours and hours and weekends you put in keepin8 our Accounts in suth meticulous, compliant and proper order. All whilst runningyour fabulous business and a family too. Pip. your attention to detail at our Trustee meetings, keewng us on the straight and narrow wlth noies. policy and websiie update5 and your calm, iolty. Incltefttl perspective. experience and demeanour means we keep compliant but still enjov what we do. All of that and balancing your extraordinary job and reSI1$1b1I1lies that come with it are awe-inspirin8. Cont... Page4
BROADSTAIRS TOWN TEAM LTD CHAIR'S STATEMENf- cont5nued FOR THE YEAR ENDED 31 MARCH 2025 Deborah. your willingness to Bet families, indi¥idua15 and young people workin8 those pic*er5 is a testament to your love of keepin8 it all tidy. of that while balanung a very demanding paid job... Bravo. Sue, your tenacity, love of all things green. your knowledge sharin& your sensltknty with volunteers and your skills with keeping OUT funders informed involved and cherished 15 5ecorKI to none. As are your accountin8 ski115 and sense of faimes5 and gratitude to those who help us do what we do. Big respect and admiration from me. l. Broadstslrs and many other thousand5 of residents and vi%tor5 salute you all. All the recognition we evei get is shared with you all and not ever enough to Thank You all appropriatdy for what you do. to make Town Tearn what it is and can be in the future. l am inspired by. supported by and grateful to you all. The future Our plan5 for the rest of 2025 and beyond will focus on the sustainability of all proierts. buiklin8 on the le8acy of 13 yeaT5 SIn Town Team's inception. Not just from a literal perspective In terms of our gardening methodology and keeping the Shed growing and responding to userf5 changing needs. but to Town Team Trustee Board as a whole, we shall continue our collaboration with and support for as many aspects of community life here in Broadst8brs. that our time as volunteers. our enthusiasm and tenacity will permit. Kerry Millett- Chalr Pa8e 5
FOR THE VEAR ENDED 31 MARQI 2025 The trustees who are also dlrectors of the charity for the pur of thecompanies Ad 2CK)6, present their report with the rinantial statements of thecharityforthe yearended 31 March 2024. The tee5 tsve adopted the $)$ of Accountln8 and Reportin8 by Charities: Statement of Recommended Price app14cable tocharities preparing their counts in accordance withthe Finandl Renry Standard aN)licable in UK aThJ ReputAic of Ireland IFRS 1021 OBJECnVESAND ACTivmES ObJ¢rtlwes •nd •lm The objectives ol the charityas stated in ¢)ur 8MIngdOEneTrt are.. To promoteforthe benefft of the inhabitarts of the town of 8roadstsirs and St Petersio a¢hance educaiion and to proiride lacilities inthe intere5t5 of swal WdIa for reueatK&n and lewre-time occupation wr(h the objertof Improvin8iheir conditions of lrfe: To promoteforihe inhatstsnts of Broadstair5 afKt St Petersthe a(hAnrnet ofcf(iier6hip and (rMnity devek)pment thmu8h the promtion of Volunteeri commuThty engagement and civic responsibility. by improwng the soclal and community infrastrutture of ur¥Jeru5ed reCreat)nal and public areas. including our town. parks aTr beaches. To ach0ethe$eobjeCtives owaims areto= insti8ate. participate in. eKecute and promote wjlunteer-led prO1ts for the berefit of the inhabitants of ano ¥isttors to BmadMairs and St Peter5 and to enhance our W features. builthrqs and Hi8h Street: work with other tommunitygroup5 and the k(al ahorItIeS on relevant projectswhere ow kTr)wledge, expertise, sknlls, enthusfjasm and ¥dunteerfortÈcan add wewt and delivery. We are a group of ¥olunteer$w thoose towork togetherforthetttrfl of our tcwn. We have come totetherto th) Frf)Sitive thing5. where we can see ways we can help. to make ourtown eNEn betterthan we alrea know it 15. When planll1 our activities. the tmstee5 have considwed the Charities Commiwon's pJdaKe on public benefiL includin8the 8uidance'wblic benefrt.. running a charty IP821'. SI1(4 •ctt¥ltles •¥d athkntments We endeastturto encourage all within our commwity to take part in ouractl¥ft6es. Our project'Broadsta4rsTown Shed. is aimed prirnarilyat older mw, a 8rouptyadttior41ty under rek¥esented in community and soclal actiwties. Loneline55. isoLHtion and dewession are high risk factors forthis 8roup. Thanet isthe most deprived distrkt In Kent and Broadstairs has the highest number of over 655 in county. 50 the projett fulfns a particularly stgnifkant role wlthln the county. Whilst inr(ialty aimtd at older men. weare pleased that our Shed 15 On to all genders- all are welcome. The Broadstsirs Town Shed offer5 older peorAe tl Op[rtNty totske part In re8ukAr woodwtykiry Sts$n$ and offers a space forskills to be sred and learn( friend5hipsto be made and ProjCOMpleted. Shedders pay membership fees to cOntribe to the runnin8 Costs of the Shed. But the Shed is g) morethan vJothvortiTrJ. We hm a lliSh a1 Frish pm9rafflnR for our Sheddws whKh s ll.btirwJ jPrt forour She(h Wt k)bt ryJr trv•m and we h'ke to to hjok rts best with Volurneer litier pKkry gar111n It is always great lun and 50 Sati5fyr9 to See the difference we (an me wll kythe of the OurGardens Group Th)w have ei8ht Sttes arour*J the town which our wlunteer gardeners maintaln- it make so mh differerKe to how the town looks. &Jsiainablity an impDrtant part of what thi5 group do. We have installed an informatioTh sign at one of our sites to eoBe otherto benefftfrom beirlgoutside amw the flora and fauna. Tasty Planter5 is a pro1t where planters made k4ftheTownShed have been set up in PIerrernt Park and St Prters wtth ve8etèbles and otheredible aTrts and flowws. The planters8 maintained by btlunteer5 and the produce 15 available to all. Thls has $tef1 in a numberof plant and share e4ents and dlentfeedbackand eneagement from thè tommunity. induding many people who have never8rown their own fo)d tefore. contlnued.. Pa8e6
REPORT OFTHE IRlJSfEE5. ¢ontlThJed FOR THE YEAR ENDÉO 31 MARCH 202$ 5fRUCTURE GOVERNANCE AND MANAGEMENT Gmrnlng do¢umen¢ Broadstairs Town Team Limrted was incorForated on 9July 2014. The company is limrted byguarantee and was established under a Memovandum of Association and isBovefned vnderits Articles ol Association as amended on 14 Jdy 2015. The company wa5 re8i5tered a5 a charity on 11 Septernbu 2015. Thecompanywa5 rknrmant until l October 2015, the artivities and funds of the Broadstair5Town Tearn tornmunity group were transferred to the charity. The dlrectors of the company are also charity trLtstees forthe purposes of charlty law. Trustee5 are sublKt to a rolli threeyearty appointment and the chair is apwinted tty thetrustees. NvAftrwtees areapFKJtnted at the AGM. All trustees live their time voluntarily aThJ recei benefrt5 from the charity. Ind110 •rMI tAlnln8 of new trusiee5 New trustees are alreadyfamiliar with the V&lital work of thÈ tharity ha¥intalrea¢ty bttome In¥tJlved in exLstin8 projects. They are briefed on their legal ot4igatJn5 under charty and comparry law. the Charity Commission 8uidance on public benefit and thetontent of the Memornndwn ofArticles and A5$0tiation. F114ANOAL ReviEW The $Its forihe year show a defKit for theyearof £73 on reStltl fvnds12024: deThclt £3781, lea¥in8a balarKe in the fund of£l,876 ai yearend. Broad5tairsTwn Shed is a restrirted fund and has its ¢)wn column in our nts as r( is our largest project. Duringthe vear there wa5 a Sur5 of £13.51212024.. £26.0931 gNing a balance on thefund of £99.876 atthe year end. The Shed Roof fuNI is è restricted fund to replacethe roof and inrt811 solar panels to make the Shed more efficierf. The work was caffied outthis year and the fuwwj rxm ju51 ld5 the ftKed assets which will be depretiated over 10 to 25 yeafs. It had a surplus in the yearof £101.24612024.. £18X1141. The balance on thefund of £14137 rdates to the net trthk valve of the roof and solar panels. Othtr restrtcted fun(ts. The Gardws Grow) have a erlt foriheyear of £76712024: SU5 of £3,092) and a balance in the fund at the year end of £6005. The Tasty Planters proiett has a surplus for ihe yearof £50812024.. £4521 and a balance in the fund at theyear e1 of £878. The Mosaks fund had a deficyt in theyear of £ISO12024.. £nill which brings an end to this fund. Overall. the charityrnade a surplu5 of £114.27612024: £47.2731. The lar¥e suU5 hos beencau5ed ty capital 8fants received and spent on ffixed assets. Thecharity hos fund5 carried foard of £250.472 of which É145,709 lateSt0 Cakmal assets. The charityalms to keep reser sutrKientto c(Nerle mcrfbths rynnir0$1> This rert has been syepared in accordancewith the5pecial pro¥isionsof Part 15 of the Companies Act 20)6 relatin8to small companie5. Appro¥ed by ordefofthe Board of trustees q 2024 and SI8 on Its behalf bv: Kerry Millett- trustee Pa¥ 7
INDEPENDENT EXAMINERS REPORTTOThETRUSTEES OF BROADsfAIRS TOWN TEAM LTD Independent examlnerfs report to ihe tNStee5 of BroadstalrsTown Team Ltd I report to the charity trustee5 on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 9 to 17. Responslbllltles and basls of report As the charity tiustees of the company land also Its dlreaors for the purpo of company lawl you are responslble for the preparation of the accounts in accordance with the requirements of the Companies Act 20061.the 2L6 ACVI. Havin8 Sat15fied my5eW that the accounts of the company are not required to be audited under Part 16 01 the 2Crf)6 Act and are ellglble for Independent examlnatlon. I report in respert of my examinatlon of your company's accounts as carrled out under section 145 of the Charities Act 20111.the 2011 Act'l. In carrylng out my examlnatlon I have followed the directions glven by the Chafity COMMI0 under section 14515llbl of the 2011 Act. Ind•p•nd•nt 4mIne$ #•temeni I have ¢omplwed My examination. I confirm that no matters have tome to my attention in connection with the e¥aminailon Iving me cause lo belleve that In any materlal $pert= l accountin8 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.. OT 3 the accounts do not comply with the accountln8 requirements of settn 396 of the 2{ Act other than any requlrement that the accounts 8lve a 'true and lalr VIe which Is not a matter ¢onsldered as part of an Independent examinatbon.. or 4 the accounts have not been prepared In accordance wlth the methods and prbnclples of the Statement of Recommended Practlce for accountln8 and ieponln8 by charliles appllcable to charliies preparSn8 thelr accounts In accordance with the Financlal Reportln8 Standard applKable In the UK and Republlc of Ifeland IFRS 1021. I have no concerns and have come across no other matters In connertion with the examinatl¢)n to which attention should be drawn In thls report In order to enable a propef understandin8 of the accounts to be reached. Slgned: Stephen Margetts CIMA Adv Dip MA 18 Upper Oane Road Margate Kent cr9 2LX Date.. Page 8
BROADSTAIIO TOWN TEAM LTD STATEMEPff OF FINA14CIAL AcnvmES FOR THE YEAR ENDED 31 MAROI 2015 (Xher 2025 2024 Total fund5 14ot•s 5h•d 5h•d fvnds lund5 INCOME A14D ENDOWMEpifSFROM Donations and legacies 162 73506 110.LK15 12.050 195,723 93.763 Charftable Sheil product sales artd communitywork Shed membetship fees Tasty Planier Sponsorshlp Employment allowance 4,961 15.635 4.961 IS35 5.61B 16,782 1.425 2.656 Othertradiw activities Invesunent Income Total 941 1.321 4.036 570 97.699 110.385 12,150 220.804 121.624 EXPtNDITUIIE ON Raisifi8 funds 366 Charltsble a¢tlvhles BfoadstairsTown Shed Shed roof depreclaiion Gardens Group Tasty Planters Litterpicking Trand Di(ken5 Mosaic5 84.103 84,103 9,139 11,407 I,2 643 150 62.212 9.139 11.407 I.CK12 10.178 1.177 418 150 Total 643 84.187 9.139 12559 106,528 74.351 NETINC<hME I IEXPENDrnJIIE} 1731 13512 101,246 114.276 47.273 Trnrfers between funds Net movement In funds 1731 13.512 101.246 14091 114.276 47,273 RECONaLWTrON OF FUMDS Total fund5 brought forward 1.949 86,364 39,791 8.092 136.196 88.923 TOTAL FUNDSCARRIED FORWARD 1.876 99.876 141.037 7.683 250.472 136,196 The rtxesform partofthese finarfj statemer Pa8e9
BALANCE WEEr Other 202S 5ti¥¢ted Total fvnd5 Total fund5 Moles FIXED ASSETS Tan8ibleassets 4.672 14L037 145.709 3,642 CURRENT ASSETS Debtors Cash at tsank and tn hand 3.873 91,864 95,737 43 9.472 9515 6.188 127,670 133,858 2.204 2276 103.540 107,528 CREDITORS Arnolmts falliTr8 due thin I year io 15331 IIA321 12.7651 11.3041 NEfcuRRENfAssETS 1.876 95.204 7.683 104.763 132,554 1.876 9976 141.037 7,683 250,4n 136,196 1,876 99,876 141.037 7,683 2SO.472 136,196 136,196 FUNDS UnrestrfttedfuThJs Restritted fvnds 1.876 248.596 1,949 134,247 TOTAL FUNDS 250,4n 136.196 The tharitabletomparsy 15 entitled to exemptionfrom alIt under Sertion 477 of the Crynpanie5 Art 26for the year ended 31 March 2025. The members have Th)t requiredthecompanyto obtain an avdti of its ffinarrial ststementsforthe yeara)ded 31 March 2024 In accordance wth Section 476 ofthe CompaniesAct 2(. The tnjstees acknowledgetheir re5ponsrbilrtie5 for lal ensuring that the charitable company keeps accountirq records that comply with Sections 386 aThJ 387of the Companks Act 2( and Ibl preparirina1aI statements which gNe a true andfairview of the state of thairsof the charitable company as atthe end of each financial yearand of rts surplu5 or er[t foreaChfinaiaI year in xcordarKe with the requirements of Sections 394 and 395 and whith otherw15ecomY with the requirements ofthe Cornponie5 A 2( relatin8 tofinancial statements. so fai as applbcableto thetharitable company. These financlal aternents have been prepared In xcordarKe with the wovi51on5 applicab tt> dwrltsble companles subject tothesmall tomF4nits re8imt. The financial statementswtte apwoved bythe Board ofTrnstees and athrisedfor ¢)n and $18ned on its ha 9 20zS K Mlllett- Tntstee The r*xesfomi partofthe5e finala1 statements Page 10
BROADSTAIRSTOWN TEAM LTD NOTE5TOTHE FINANCIAL sfATEMEN75 FOR THE YEAR ENOEO 31 MARCH 1025 I ACCOUNTING POLICIES Basls of Pr•wI tht finwKla151•tem The financial staternents of the charitable company. which is a public benefrt entity under FRS102, have been prepared in accordance wr(h thecharilies SORP IFR51021'Accountin8 and Reportin8 by Charrtie5.' Statement of Recommended Prartice applicable to charities pariNg theiraccourt5 in aCcOrdae withihe Fila1 Reporting Standard applicable in ihe UK and ReputAic of Irdand. and the CompartsAct 2(. The accounts have been prepad under the hi5torKal cost convention. Assets and liabilityes are initialty recogn at htOrkal cost ortrarrAdion value unless Otherwise stated In the relevant accountirvJ policy note(sl. The atcount have been prepared on a goi Coern ba515 as materfjal urtertaintie5 exist. Incomt Income is recognised when thecharity has ertidemert tothe funds. arry performance condr(lons attachedto tht items have been met. It is prgbable that the irtome will be received and theamount can be measured reliabfy. Incomefrom government and other grants, whethercapital or revenue. 15 rec¢)gnised when thecharlty has entIeMerttO ihe funds. any perforrnar COndtn5 attached to thefunds have been meL li is probablethat the income wlll be received andthe arnowrtcan be m&iswed reliabtyand notdeferred. Empendlture Liabilities are 081$ed as expenditure as soon as1 i%a le8al or con5trwtTrve obligatn committin8 thecharity to that eXpendiiu, it is probablethat a transfer of eCorMt benefits wil be required in settlement and the amount of the obligation can be measured reliaWy. Expenthture is accoted for on an actruals basis and ha5 been dassrfied under headings that aggre8ate all cost related tothat category. Where costs canThx dirertfy attributed to particular headin8$ they have be alhxated toactr¥itbeson a l)asiS c1)nsirt with the use ol resource5. Tarylble flxed assots Tan8ible red assets are Ind * cost less dePrecian aThJ impalrmenL DeveC5at has been talculated tts write off the tangible fvxed assets overthrexpeEted useful INes asfolbws.. 10.25 years Improvements to Fwperty 3 years com¢terS 5.10 year5 Other plantand T•Mtlon The thrity 15 exernptfrom Cor[Kyat taxon its tharitable Klivities •c¢ount UThrestrfued fuThJs can be used in accrydancewr(h theCharitae obiecti¥es and thediscretion of the trLIee$. Oesi8nated fvnds are unrestricted fvnds of thetharity whKh thptrustee5 have deci(d at theif discretion to set aside to use for a specifK purpose. Re5tric¢ed fundsareto be solety ed for parbcular prohts undertaken tythe charity. The charitablecompany operates a defined contrilxrtion pensKJn scheme. Contributions payable to the charitable tompany'5 PenSn xheme are charged tothe Statement of Finala1 Ttle5 in the perK>d to which they relate. Donated Boods are reco8nised as income when the thafity has control overthe item. any tonditon5 assrxiatedwith the transfer have been meL ihe receiw of etorKHnic errt from Le byihe charity ofthe item is probable and that ecommic benefrtcan be Measu reliably. tlonated 800ts a recognised on the basis of the vzlve of the t*Jnatlon to the tharity which i% the amount thetharity would ha¥e been l11Th% ro payon theopen market. In cordance wfth the Charities yp IFRS1021. the 8eneral blunteertIMe 15 not recognised. continued._ The Mtts fonn part0fthe finand¥ ststements Pa8e 11
BROADsfAIRS TOWN TEAM LTO NOTES TOTHE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 I ACCOUNTING POLICIES- ntInUed Current assets and IlabSlltles Debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. Cash at bank and cash in hand includes cash and short term hlghly IlquSd investments. Creditors and provisions are recognised where the charity ha5 a present obligation resultin8 from a past event that will probably result in the transfer of funds to a third party antl the amout due to settle the obligation can be measvied or estimated reliably. Creditors and provisions are normalty reco8nised at their settlement amount. 2 DONATIONS AND LEGACIES 2025 2024 Donations Grants 26,728 168.995 195,723 13,043 80.720 93,763 Grants recelved indu(Jed in the above, are as follows: 2025 2024 National Lottery Community Fund Natlonal Lottery Know Your Neighbourhood Community Owership Fund Broadstairs & St Peters Town Councll The Cole Charitable Trust Kent Community Foundation Asda Foundation Social Enterprlse Kent Turner Contemporary Stanley Smith UK Horticultural Trust Community Rail Network The Cleary Foundaiion Thanet Lotto Martello Fund The Lawson Trust The Mccarthy Stone Foundatlon Groundwork- Tesco Stronger Starts 29,000 6.940 iio,000 6,430 40,500 13,060 5,290 500 3.890 500 14,000 500 655 480 1,070 2.500 7,SlJO 500 80.720 168.995 3 OTHER TRADING AcnviTIES 2025 2024 Fundraising events 1,321 4,036 4 NET INCOMVlEXPENDVREj 2025 2024 Net In¢omellexpenditurel is Stated after chargingllcreditingl: Depreclatlon- owned assets Independent examination 12.181 2.010 80 continued... The notes form part of these finandal statements Pa8e 12
NOTESTOTHE FINA140AL 5TA7EMES. FOR THE YtAR ENOELI 31 MARCH 2025 5 TRLisfEES REMUNEIiATK)N AND 8ENtFITS Noneofthetrustees rec•¥ed any mneratIOn or berffts duritheye8T. Thtre were N) trustees, expenses paid forthe yearended 31 March 2025 31 March 2024. 6 STAFF Co5 The a¥ern8e rMntNy numberof ernployee5 the yearwa& BroadstatrsTown Shed No ern0Vee5 recdved ernolunwts In excess of £60,tI)O. 7 CIJMPAIIATIVES FOR THE STATEMENT OF AI4A14CIAiAcfMTIES T+y•m 5h•d fvnd5 INCOME AND ENOOWMEIITS FROM Oonations and le8acles 27I18 65,905 93.763 Chrftable arthrftles Shed product sales and community wryk Shed MeMbehIP fees Tasty Planter SpNwrship 5.618 16.782 5.618 16.782 1.425 1.425 Othertrading activities 4.036 4.036 Total 33279 88.305 121,624 EXPENOfTURE ON Raising lunds 366 366 8roadstair5 Town Shed Gardents Group Tasty Planter5 tterpicknn 62.212 62.212 10.178 1.177 418 10.178 1.177 418 Totsl 418 11.721 62212 74.351 NET INCOPM I IEXPENDIT(IREI Transfers between fund5 13781 21558 26,093 47.2 13781 21.558 26.093 47,273 RECONOUAT1014 OF FUPXIS T(•l funds ht f<>ryArd TOTAL FUNDSCARRIED FORWAIID 2.327 1.949 26.325 4783 60.271 86.364 88.923 136.196 continued... The Th)tesfLYm part of theseffinarKial staiemwts Pa8e 13
BROADSTAIRSTOWN TEAM LTD NOTESTOTHE FINANCIALSTATEMEf4TS-¢ontlN*d FOR THE YEAR ENDED 31 MARCH 2025 8 TANGIBLE FIXED ASSETS Al l April 2024 Adthtions Disposals At 31 March 2025 17.147 114.19) 41.728 40,058 12.9341 78,852 58,87S 154.248 12.9341 210.189 131.337 Df PREaATIIJN At l April 2024 Char8elortheyear Disposals At 31 March 2025 13AX) 6.616 41.433 5.$65 12.9341 55,233 12,181 12,9341 64.480 20.416 IIETUOOKVAWE At 31 March 2025 110.921 3y7 34.78B 295 145,709 3.642 At 31 March 2024 9 DEBTORS: AMOUMWS FAWNG DUE WITIIN OME YEAR 2025 Prepayments and xcrued Income Other debtofs 3.397 591 3,988 6.188 6.188 Othertax and soctsl securfty Othercreditors Accrua15 aNI deferred income 136 2.331 2.765 1.304 1.304 11 MOVEMEMT IN FUNDS At 3V312025 At 11412024 fvnds Ger1 fund 1.949 1731 1,876 8roadstairs Town Shed Shed Roof Fund Gardens Group Tasty Planters Tumerand Dickens M05aits 86.364 39.791 7572 370 Iso 134.247 13512 101.246 17671 99,876 141.037 6.805 878 11501 114,349 248.596 TOTAL FIINDS 196 114276 250A72 continued... The Ite$flM part of these ffinancial ststtments Pa8t 14
ADSTAIRSTOW14 TEAM LTD NOTESTOTHE FINANaALSTATÉMEf4TS- contlny FOR THE YEAR ENDED 31 MARCH 202S 11 MOVEMENT IP4 FUNDS- c1ned In¢¢nnI RoSOUrt•s Movement In fvnds Unrestrlrted fvnds Genefal fund 570 16431 1731 Rtstrtrt•d funds Broadstairs Town Shed Shed Roof Fund Gardens Group Tasty Planters Tumel and Ditkens Mosai¢s 97,699 110.38S 10.640 1,510 184,1871 19.1391 111,4071 11.0021 11501 1105,8851 13,512 101.246 17671 508 11501 114,349 220,234 TOTAL FUNDS 106,5281 114.276 C4)mparntfvestor movernent Snlynds P4•t mov•m•m In b•twe•n funds At 3V312024 At V411023 Unr*strlcled funts General fund 2,327 13781 1,949 R•strfrt•d funds Broadstairs Town Shed Shed Roof Fund Gardens Group Tasty Planters Turner and Dicke Mosaks 60.271 21,777 4.480 1821 150 86.596 26,093 18,014 3.092 452 86,364 39.791 7.572 370 150 134.247 47.651 TOTAL FUNDS 88,923 47273 131196 Incoml Resources expended M¢)vement In fund5 C(rfnp•rath• n•1 mo¥•m•nt In fvnds Included alM>ve: r¢ywrces Unrestrkted fvb General fund Reslr5cted funds Broad5tair5 Town Shed shed Roof Fund Gardens Group Tasty Planters 14181 13781 88,305 18,380 13,270 1,629 121.584 162.2121 13661 110,1781 11,1771 173.9331 26.093 18.014 3,092 452 47,651 TOTAL FUNDS 121.624 4.351 47273 continued... The notes form part ofthese flnantial aternents Page IS
BROADSTAIAS TOWN TEAM LTD NOTESTOTHE FINANCIAL STATEMEIITS. FOR THE YEAR ENDED 31 MARCH 2025 11 VL)VEMENT IN FUIlDS.<•rtlnd Tran51er5 mty•ernrt In fvrnts At 311312025 At 11412023 Unre5trkted lund5 General fd 2227 14511 1.876 Broadstairs Town shed Shed Roof Fund Gardens Group Tasty Planters Tumerand DickeThs M05aKS 60271 21,7n 39.f 119,260 2,325 99,876 141.037 6.805 878 150 86596 11501 162.C 248.596 TOTAL FiWDS 161.549 250,472 A turrerrt year 12 rThJnth5 and prioryear 12 Thhjnthscornlxned net nThement in fuTrJ5. iTKluded in the above". RestyJrts Mty4*ment In funds General fth 610 11,0611 14511 BrOadairS Town Shed Shed Roof FuThJ GafdensGroup Tasty Planters Turner and Dickens MosoKs 1146J991 195051 121,5851 12.1791 39.6 119.260 2.325 12&765 23,910 3.139 341.818 1179.6681 162.150 TOTAL Fl$ 1110.7291 16L699 12 RELATEO pATRANsclI0NS Clever$ a comparyof which i)ne of ourintstees is a direct¢x. &ded ptyoll and othtr semces free of charee. contfjnued_. The rK)te5 partofthese finarKial ststements Page 16
NOIESTO ThE FINANaAL STAIEMENTS- FOR THE YEAR ENOED 31 MARCH 2025 13 RESTRICTED FUN This lund is used to run the Shed which pwt1esa space for meMr$ to worktO8etheron ¥¥oodworking metal working projects for the 8ood of ihe community and to leam. share and sc(k4li5e together. Shed Roof Fund This lund Is for morw bdn8 raised to repai11ace theold and leaky rty)f of the BroadstalrsTown Shed Iwilding and add solar panelsto make the shed moreenew efftlent Gathn5 Group Thislund is to be spent on the gardens maintsined around Broadstairs by ourteam of gardeners. r•sty Phnt• The fund is forthe set up and maintenarte ol planters in areas wlth weraWes and other edible plantsto erKourn8e thecommunity to 8row itsown prc¥Juce. Turner DldÉens Mosaks The Turnerand Dickens Mosaics are located in St Peters a1 a partof the Turneral Dicken5 Walk. Thi5 fund is for the upkeep ofthe mosaKS. The re$fOrnI part of thesefinancial sthtements Page 17
DETAILED STATEMENT OF FINANOALAcnvmÉs FOR THE YEAR ENDED 31 MARCH 1025 T• Un r•strkt•d Y4X INCO Donations and lewes Grnnts Chor •¢tK4t Shed prodKt sales and community work shed memrshiP fees Tasty PlantersFL)nsorship Employment alkjwarte Fun&•InI 25.411 48m5 110.(K 162 26.728 168,995 970 1.030 4.%1 Is55 4,%1 15,635 100 2,656 1,321 1(4) 941 Total 97.699 110.385 10.640 1.510 570 220,804 EXPENDITURE (XI Raising funds Chariiabl artmt Materials Contractortosts Small iools Wa8es Trainers Art aasses Health and safety Stationery Refreshments Rcorn hire Tra¥el Light and heat Rate5 and water Telephone and internet Insurance flepaits aThJ maintena Secvrity Computerexpenses Printer rental Communitye¥ents Marketing Trainin8 Sundry Grow) outings Credit card thar8es Depreciation 6.262 2596 2219 1525 9.642 2,219 6.768 44,157 2.710 3,740 1592 5.243 44.157 2.710 3.7410 1.102 1,447 187 1.634 35 164 4,286 81 778 4,286 81 778 3.507 310 742 3.657 310 742 288 446 3,941 1,198 1,965 669 47 12.181 IOS.097 741 1.198 1.965 3,185 3.042 84.043 9.139 9.139 10.924 Iso Support ¢0 InsurarKe Cgmputef expense5 Marketing Sundry Independent examination 471 157 157 785 310 310 76 12 161 643 1,347 Totsl expenthture 84.187 9.139 IIA07 L(WJ2 Iso 106.528 Net 5urplu511defKit fortheyearl 13512 101.246 17671 11501 1731 114,276 Page 18