THE BAKED BEAN CHARITY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
CHARITY INFORMATION
Honorary Officers:
Trustee Denise Mitchell (Secretary) Trustee Jade Hardrade-Grosz (Chair) Trustee Robert Johnston (Deputy Chair) Trustee Wayne McGregor
Registered Address:
The Baked Bean Charity
The Wilditch Community Centre 48 Culvert Rd London SW11 5BB
Registered Number:1163851
| INDEX | Pages |
|---|---|
| Report of the Trustees | 1 |
| Income and Expenditure Account | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 - 6 |
| Independent Examiners Report | 7 |
The Baked Bean Charity
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2022
SERVICES The Charity is focused in delivering two distinct services LIFEWORKS and INTENSIVE SUPPORT LIFEWORKS Through LIFEWORKS we are running five courses, delivered at our Tooting centre throughout the year:
- First Steps for 12 hours per week for 24 weeks 2. Lifeworks – Moving On for 12 hours per week for 12 weeks. 3. Healthy Beans 4. WIKI /E-safety course for 8 hours per week for 24 weeks. 5. BOXER BEANS for 6 hours per week for 24weeks We use our LIFEWORKS, FIRST STEPS and MOVING ON courses to help our learners (who are all people with disabilities and learning difficulties) develop practical skills which will hopefully enable them to move onwards. These include: • Managing money and living on a budget, • Numeracy and literacy for life • Understanding IT – its threats, its risks and its opportunities MOVING ON places a particular emphasis on planning and managing transitions into college/ employment. HEALTHY BEANS We have recently delivered a 20-week programme which helps socially excluded people with learning difficulties live more healthy lives generally, work together as a team to enjoy the overall benefits of good nutrition and recipes created on a budget. The curriculum focus’ on: 1. Providing clear information regarding healthy nutrition as well as the components of a healthy balanced diet 2. Basic literacy skills through the creation of healthy recipes 3. Practical food prep session which are both accessible and safe WIKI/E SAFETY
Through this course learners have learnt how to develop a WIKI on their computer and through it can share their goals and aspirations, hopes and interests.
The WIKI is a completely secure portal which enables learners to create their own personalised accessible website.
Learners add photos, videos and documents to share with chosen people who are important to them. BOXER BEANS
From October 31st we will deliver a 24-week programme which combines both a theoretical written component using ITC and literacy as well as weekly practical physical sessions. The course will provide exercise, encourage teamwork, self-discipline and teach the basics of boxing all tailored to the needs of young adults with complex needs and learning disabilities (predominantly autism - with whom the project was trialled).
INTENSIVE SUPPORT SERVICE
Through this service we provide vulnerable children, young people and their families with learning difficulties the following educational support: 1:1 academic & holistic support for children with learning difficulties aged 5-19 Targeted intensive support for high needs educationally & socially excluded young people Fast tracking through GCSE’s and Functional Skills Flexible needs led support, working in the community, homes or schools & colleges. Specific targeted educational interventions for children and young people who are failing to achieve in special schools and have an EHCP.
Mentoring, mediation & interventions for young people at risk of selfharm, exploitation, abuse or other difficulties affecting their ability to learn
Name: Jade Hardrade-Grosz (Chair) Signature: Jade Hardrade-Grosz (Jan 31, 2023 09:56 GMT) ~~..............................~~ .....................
Date: 30/01/2023
Name………… Robert Johnston (Deputy Chair)
Robert Johnston Signature……… ~~………………………~~ Robert Johnston (Jan 30, 2023 16:05 GMT) ……..
Date: 30/01/2023
Name .Denise Mitchell (Secretary).....
DAMitchell DAMitchell (Jan 30, 2023 17:18 GMT) Signature: …………………………………… Date: 30/01/2023
THE BAKED BEAN CHARITY INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2022
| MARCH 2022 | ||||
|---|---|---|---|---|
| 2022 |
2021 | |||
| £ | £ | £ | £ | |
| INCOME | ||||
| Sales | 627,648 | 486,771 | ||
| Donations and gift aid | 980 | 600 | ||
| Sundry receipts | 5 | 73 | ||
| Goverment grants | 24,219 | 25,243 | ||
| ----------- | ----------- | |||
| 652,852 | 512,687 | |||
| DIRECT COSTS | ||||
| Classroom resources | 28,630 | 14,413 | ||
| Staff wages | 483,231 | 368,829 | ||
| Subcontractors | 27,476 | 23,567 | ||
| Pensions | 6,379 | 4,643 | ||
| Field trips | 5,452 | 660 | ||
| Production costs | 556 | - | ||
| ----------- | 551,724 | ----------- | 412,112 | |
| ----------- | ----------- | |||
| GROSS PROFIT | 101,128 | 100,575 | ||
| OVERHEADS | ||||
| Other operatings leases - rent | 42,920 | 21,911 | ||
| Office utilities | 19,360 | 11,591 | ||
| Insurance | 5,957 | 7,376 | ||
| Telephone | 1,317 | 1,288 | ||
| Post and stationery | 1,824 | 449 |
| Advertising | 3,974 | - | ||
|---|---|---|---|---|
| Travel and subsistence | 5,130 | 435 | ||
| Motor expenses | 1,616 | 1,148 | ||
| Computer consumables | 8,666 | 12,447 | ||
| Repairs and maintenance | 6,140 | - | ||
| Covid-19 relief grant spending | 654 | 7,673 | ||
| Staff refreshments | 5,750 | 1,343 | ||
| Toiletories and cleaning | 90 | 618 | ||
| Staff training and courses | 7,546 | 10,358 | ||
| Accountancy | 3,936 | 936 | ||
| Legal fees | 3,778 | - | ||
| Commissions paid | 15,000 | - | ||
| Miscellaneous costs | 795 | 2,212 | ||
| Bad debts | - | 1,025 | ||
| Enterainment | 1,716 | 139 | ||
| HMRC interest and penalties | 73 | - | ||
| Depn of computer equipment | 3,735 | 3,409 | ||
| ---------- | ---------- | |||
| 139,977 | 84,358 | |||
| ------------- | ------------- | |||
| EXCESS OF INCOME / (EXPENDITURE) | (38,849) | £16,217 | ||
| ======= | ======= |
BALANCE SHEET AS AT 31ST MARCH 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 2 | 3,795 | 5,945 |
| ----------- | ----------- | ||
| CURRENT ASSETS | |||
| Debtors | 3 | 124,121 | 90,509 |
| Cash at bank | 4 | 80,418 | 111,181 |
| ----------- | ----------- | ||
| CREDITORS - amounts falling | 204,539 | 201,690 | |
| due | |||
| within one year | 5 | ||
| Trade creditors | (3,940) | (1,366) |
|
| PAYE & Ni | (10,696) | (8,513) |
|
| Accruals | (1,902) | (1,080) |
|
| Other creditors | (37,848) | (3,879) |
|
| ----------- | ----------- | ||
| NET CURRENT ASSETS | 150,153 | 186,852 | |
| ----------- | ----------- | ||
| NET ASSETS | £153,948 | £192,797 | |
| ======= | ======= | ||
| CAPITAL AND RESERVES | |||
| General reserves | 153,948 | 192,797 | |
| ------------ | ------------ | ||
| CAPITAL AND RESERVES | 6 | £153,948 | £192,797 |
| ======= | ======= |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
1 STATEMENT OF ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Financial Reporting Standards for Smaller Entities (effective April 2008) under the historical cost convention.
Fixed Assets
The cost of fixed assets is written off at the following annual rates in order to write them down to their estimated residual value over their expected useful lives.
Computer 33% per annum on cost equipment Fixtures and fittings 25% per annum on net book value
THE BAKED BEAN CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Computer | Fixtures & | ||
| Equipment | Fittings | Totals | |
| COST / VALUATION | £ | £ | £ |
| As at 1st April 2021 | 7,876 | 6,083 | 13,959 |
| Additions | 1,585 | 1,585 | |
| Disposals | 0 | ||
| -------- | -------- | ---------- | |
| As at 31st March 2022 | 7,876 | 7,668 | 15,544 |
| -------- | -------- | ---------- | |
| DEPRECIATION | |||
| As at 1st April 2021 | 5,406 | 2,608 | 8,014 |
| Charged for the period | 2,470 | 1,265 | 3,735 |
| Eliminated on disposals | 0 | ||
| -------- | -------- | -------- | |
| As at 31st March 2022 | 7,876 | 3,873 | 11,749 |
| -------- | -------- | -------- | |
| NET BOOK VALUE | |||
| As at 31st March 2021 | £2,470 | £3,475 | £5,945 |
| ===== | ===== | ===== | |
| As at 31st March 2022 | £0 | £3,795 | £3,795 |
| ===== | ===== | ====== | |
| DEBTORS | 2022 | 2021 | |
| £ | £ | ||
| Trade debtors | 108,868 | 54,729 | |
| Loan account - Live Too Ltd | 15,000 | 33,000 | |
| Prepayments | 253 | 2,780 | |
| ------------ | ------------ | ||
| £124,121 | £90,509 | ||
| ======= | ======= |
THE BAKED BEAN CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
4 CASH AT BANK
| CASH AT BANK | 2022 | 2021 |
| £ | £ | |
| Cash in hand | 1,813 | 1,427 |
| Cash at bank | 78,605 | 109,754 |
| ----------- | ------------ | |
| £80,418 | £111,181 | |
| ====== | ======= |
5 CREDITORS - amounts falling due within one year Trade creditors PAYE & NI Accruals and deferred income Other creditors
| £ | £ |
|---|---|
| 3,940 | 1,366 |
| 10,696 | 8,513 |
| 1,902 | 1,080 |
| 37,848 | 3,879 |
| ----------- | ----------- |
| £54,386 | £14,838 |
| ====== | ====== |
6 CAPITAL AND RESERVES
The reserve movements during the year were:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Reserves b/fwd | 192,797 | 176,580 |
| Annual Excess of Income (Expenditure) | (38,849) | 16,217 |
| ------------ | ------------ | |
| - | - | |
| Balances carried forward | £153,948 £192,797 | |
| ======= | ======= |
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE BAKED BEAN CHARITY ON THE UNAUDITED ACCOUNTS
I report on the accounts of the Trust for the year ended 31st March 2022 which are set out on Pages 2 to 6.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section
144(2) of the Charities Act 2011 (the 2011 Act) and
that an independent examination is needed. It is my
responsibility to:
-
examine the Accounts under Section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner’s Report
My examination was carried out in accordance with the 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 you as 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 Examiner’s Statement
In connection with my examination, no matter has come to my attention:
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 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M Thomas M Thomas (Jan 30, 2023 19:54 GMT) ______ Mark S Thomas Date: 30/01/2023 A.T.T. Thomas Croft Limited Solent House 107A Alma Road Portswood Southampton Hampshire SO14 6UY