Companies House Registration Number: CE013373 Charity Registration Number: 1177321
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2024
for
The School For Pop-Ups CIO
(A Charitable Incorporated Organisation)
Green Accountancy Limited Chartered Certified Accountants Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
The School For Pop-Ups CIO
Contents
| Charity information | 1 |
|---|---|
| Report of the trustees | 2-3 |
| Independent examiner's report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7-14 |
The School For Pop-Ups CIO
Reference and administrative details
Registered Charitable Incorporated Organisation number in England and Wales
CE013373
Registered Charity number
1177321
Registered office
Union St 18-20 Union Street Sheffield S1 2JP
Trustees
Simon Michael Kilpatrick Nick Spooner Daniel Pinch Leonie Sloots
Independent Examiner
Barry Coles FCCA Green Accountancy Limited Chartered Certified Accountants Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
Page 1
The School For Pop Ups CIO
Report of the trustees for the year ended 31 July 2024
The School For Pop-Ups CIO is a Charitable Incorporated Organisation whose only Members are the Trustees. The objectives of the charity and the powers of the Trustees are set out in the Constitution as are the regulations concerning the appointment of new Trustees.
The trustees present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have adopted the provisions of 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 and Republic of Ireland (FRS 102) (effective 1 January 2019).
The trustees are responsible for keeping proper accounting records which disclose the financial position of the charity with reasonable accuracy at any time and enable them to ensure that the accounts comply with the Companies Act 2006.
They 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.
New trustees are appointed by a majority of trustees in office at that time.
Objectives and Activities
The purpose of the charity is the relief of unemployment and prevention of financial hardship by providing education and experience of food and drink service operations, in particular but not exclusively by café/restaurant premises.
The charity provides 1-to-1 mentoring and test trading for people looking to start a food business, offering an opportunity to test and build the viability of their brand and develop a reputation within a popular and established city centre cafe, so beneficiaries can develop their ability to be self sustaining.
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
Achievements and Performance
The charity supported the planning, launch and early trading of Stacked Deli who progressed to secure a number of suppliers, as well as hosting the first regular residency of two new enterprises. Ammi’s Kitchen, a local non-profit, supports women from disadvantaged backgrounds to achieve food hygiene qualifications and cook cuisines from different cultures. Urban Fusion serve black heritage food and, after launching a weekly pop-up, founder Ella progressed to securing catering bookings and receiving orders via Deliveroo.
With the ‘cost of living crisis’ placing increasing pressure on the food industry, our approach has been to reduce traders' employment costs by increasing our staffing to include responsibility for the ordering process, so that (on their test trading day) beneficiaries are able to give 100% focus on preparing and plating their dishes.
New staff were recruited to provide 1-to-1 support, with recent Sheffield University graduates Amelie and Evan both bringing professional Barista experience to assist new traders with; developing menus, taking orders, collecting payments and delivering food to customers. In addition the charity provided free space to support new events to launch and grow, including Social Pickle, the Sheffield Social Enterprise Network and Poetry on a Plate. The charity continues to be managed on a voluntary basis.
Page 2
The School For Pop Ups CIO
Report of the trustees for the year ended 31 July 2024
Financial Review
To grow the support provided we were able to increase our staffing by 115%, achieving a 22% increase in income from trading, and a 46% increase in income earned by our beneficiaries.
The accounts show a loss of £4,627 due to the accounting convention of showing the costs paid for on behalf of the charity by The Co-working Co-operative CIC as a cost to the charity. In future the Co-working Co-op will first make payment as a donation (instead of purchasing on behalf of the charity) to ensure expenses don’t exceed income. The charity has applied for a dedicated Visa card to enable staff to make all purchases.
The charities policy is to retain capacity to ensure the continuation of the charity's work in the event of an unexpected downturn in sales. The charity held £1,348 at the end of this period.
Structure, Governance and Management
The School For Pop Ups is constituted as a Charitable Incorporated Organisation (CIO). The governing document is the The School For Pop Ups constitution.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed:
Simon Michael Kilpatrick Trustee (Director)
Date: 30/05/2025
Page 3
Independent Examiner's Report to the Trustees of The School For Pop-Ups CIO
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2024.
Responsibilities and basis of report
As the charity's trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
Having satisfied myself that the accounts of the charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1 accounting records were not kept in respect of the charity as required by the 2011 Act; or
-
2 the accounts do not accord with those records; or
-
3 the accounts do not comply with the accounting requirements of the 2011 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)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Barry Coles FCCA Green Accountancy Limited Chartered Certified Accountants Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
30/05/2025
Date: .............................................
Page 4
The School For Pop-Ups CIO
Statement of Financial Activities for the year ended 31 July 2024
| Unrestricted funds Note £ Incoming resources Income and endowments from: Donations and legacies 3.1 7,600 Charitable activities - income 3.2 61,603 Total Income 69,203 Resources expended Expenditure on: Charitable activities - expenditure 4.1 73,730 Total expenditure 73,730 Net income/(expenditure) (4,527) Net movement in funds (4,527) Reconciliation of funds: Total funds brought forward 5,875 Total funds carried forward 1,348 |
Restricted funds £ - - - - - - - - - |
Total 2024 £ 7,600 61,603 69,203 73,730 73,730 (4,527) (4,527) 5,875 1,348 |
Total 2023 £ - 50,533 50,533 46,978 46,978 3,555 3,555 2,320 5,875 |
|---|---|---|---|
Continuing operations
All income and expenditure has arisen from continuing activities.
Page 5
The School For Pop-Ups CIO
Charity Number 1177321
Balance Sheet as at 31 July 2024
CIO Number CE013373
| Unrestricted funds Note £ Fixed assets Tangible assets 5 4,062 Total fixed assets 4,062 Current assets Debtors 6 4,500 Cash at bank and in hand 7 782 Total current assets 5,282 Creditors: amounts falling due within one year 8 7,997 Net current assets/(liabilities) (2,715) Total net assets 1,347 Funds of the Charity Unrestricted funds 10 1,348 Total funds 1,348 |
Restricted funds £ - - - - - - - - - |
Total 2024 £ 4,062 4,062 4,500 782 5,282 7,997 (2,715) 1,347 1,348 1,348 |
Total 2023 £ 4,559 4,559 960 2,776 3,736 2,420 1,316 5,875 5,875 5,875 |
|---|---|---|---|
30/05/2025 The financial statements were approved by the Board of Trustees and authorised for issue on …......................... and were signed on its behalf by:
.............................................
Simon Michael Kilpatrick Trustee (Director)
Page 6
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
1 Basis of preparing the financial statements
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
• the Charities SORP (FRS 102) '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 and Republic of Ireland (FRS 102) (effective 1 January 2019)',
-
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'
-
and with the Charities Act 2011.
The charity is a Charitable Incorporated Organisation and constitutes a public benefit entity as defined by FRS 102.
2 Accounting Policies
Income
Income is included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources;
-
the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are included in the SoFA when the general income recognition criteria are met.
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Page 7
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Tangible fixed assets
These are capitalised if they can be used for more than one year, and cost at least £200. They are valued at cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 25% Straight Line Basis
Taxation
The charity registered as a charity on 26 February 2018 and since that date has been exempt from corporation tax on its charitable trading activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
The charity has creditors which are measured at settlement amounts less any trade discounts.
Page 8
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
| 3.1 Income from donations and legacies Unrestricted funds £ Donations from The Co-Working Co-Operative CIC 7,600 Total donations and legacies 7,600 3.2 Income from charitable activities Unrestricted funds £ Coffee Sales 59,413 Rent contributions 2,190 Pop-up cafe rent - Grants - Total income from charitable activities 61,603 |
Restricted funds £ - - Restricted funds £ - - - - - |
Total 2024 £ 7,600 7,600 Total 2024 £ 59,413 2,190 - - 61,603 |
Total 2023 £ - - Total 2023 £ 45,965 2,090 480 1,998 50,533 |
|---|---|---|---|
Page 9
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
4.1 Charitable activities - expenditure
The objects of the CIO are for the benefit of the public primarily but not exclusively in South
| Unrestricted funds £ Advertising & Marketing 250 Bank fees 22 Baristas 13,771 Cafe Supplies and Ingredients 15,580 Cleaning 785 Depreciation 1,896 Events and Meeting Costs 70 General Expenses 100 Insurance 29 Interest payable 1 IT Software and Consumables 215 Light, Power, Heating 10 Rates 3,692 Repairs & Maintenance 972 Salaries - Gross pay 9,336 Staff training 187 Traders' earned income 24,847 Audit & Accountancy fees 1,311 Independent examiners fees 656 Penalties - Total expenditure on charitable activities 73,730 |
Restricted funds £ - - - - - - - - - - - - - - - - - - - - - |
Total 2024 £ 250 22 13,771 15,580 785 1,896 70 100 29 1 215 10 3,692 972 9,336 187 24,847 1,311 656 - 73,730 |
Total 2023 £ 1,171 2 5,541 9,339 488 1,750 - - 67 - 199 - 4,106 - 5,226 - 16,995 1,258 636 200 46,978 |
|---|---|---|---|
Support costs
All support costs are allocated to the single charitable activity of the charity and are included above.
| 4.2 Governance costs included above Unrestricted funds £ Audit & Accountancy fees 1,311 Independent examiners fees 656 Total governance costs 1,967 |
Restricted funds £ - - - |
Total 2024 £ 1,311 656 1,967 |
Total 2023 £ 1,258 636 1,894 |
|---|---|---|---|
Page 10
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
4.3 Trustee remuneration
None of the trustees were remunerated during the year or the previous year. No trustee expenses were paid during the year
4.4 Staff costs
----- Start of picture text -----
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|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|funds|funds|2024|2023|
|£|£|£|£|
|-|
|Salaries - Gross pay|9,336|9,336|5,226|
|Total staff costs|9,336|-|9,336|5,226|
----- End of picture text -----
There were no ex-gratia payments made and no redundancy payments made. There are no staff working for the charity who were paid more than £60,000.
4.5 Staff numbers
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||||
|---|---|---|
|Average headcount in the year:|2024|2023|
|Charitable activities|2|1|
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Page 11
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
5 Tangible fixed assets
| Cost At 1 August 2023 Additions At 31 July 2024 Depreciation At 1 August 2023 Charge for year At 31 July 2024 Net book value At 31 July 2024 At 31 July 2023 6 Debtors Unrestricted funds £ Trade debtors - Accrued income 4,500 Total debtors 4,500 7 Cash at bank and in hand Unrestricted funds £ Bank current account 782 Total cash at bank and in hand 782 |
Restricted funds £ - - - Restricted funds £ - - |
Plant and Machinery £ 9,350 1,399 10,749 4,791 1,896 6,687 4,062 4,559 Total 2024 £ - 4,500 4,500 Total 2024 £ 782 782 |
Totals £ 9,350 1,399 10,749 4,791 1,896 6,687 4,062 4,559 Total 2023 £ 960 - 960 Total 2023 £ 2,776 2,776 |
|---|---|---|---|
Page 12
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
8 Creditors: amounts falling due within one year
| Unrestricted funds £ PAYE and social security 281 Accountancy fees accrual 1,693 Other creditors 6,023 Total creditors due within one year 7,997 |
Restricted funds £ - - - - |
Total 2024 £ 281 1,693 6,023 7,997 |
Total 2023 £ - 1,620 800 2,420 |
|---|---|---|---|
9 Charity funds - current year
| Unrestricted funds Total funds Charity funds - previous year Fund name: Unrestricted funds Designated funds Total funds |
At 1 August 2023 £ 5,875 5,875 At 1 August 2022 £ 2,320 - 2,320 |
Net movement in funds £ (4,527) (4,527) Incoming resources £ 5,553 (1,998) 3,555 |
Transfers between funds £ - - Resources expended £ (1,998) 1,998 - |
At 31 July 2024 £ 1,348 1,348 At 31 July 2023 £ 5,875 - 5,875 |
|---|---|---|---|---|
10 Charity funds - previous year
Page 13
The School For Pop-Ups CIO
Notes to the Financial Statements for the year ended 31 July 2024
11 Related Party Disclosures
Enable Space Ltd - A company limited by guarantee (09021496)
Mr Hill is a director of Enable Space Ltd and a member of the key management personnel of the charity. Enable Space Ltd provides space to the charity to run its operations. During the period no rent was charged (2023 - £Nil). Professional fees totalling £1,620 were paid on behalf of the charity and owed at the end of the financial period (2023 - £Nil). These amounts are unsecured, interest-free and repayable on demand.
Co-Working Co-Operative CIC (09073392)
Mr Hill is a director and member of Co-Working Co-Operative CIC. Co-Working Co-Operative CIC donated funds during the period of £7,600 (2023 - £Nil) to support the charities operations. Running costs totalling £4,403 were paid on behalf of the charity and owed at the end of the financial period (2023 - £Nil). These amounts are unsecured, interest-free and repayable on demand.
Page 14
REFERENCE NUMBER 82DBF058-AC0E-46B5-B393-608C0C533E65
SIGNATURE CERTIFICATE
TRANSACTION DETAILS DOCUMENT DETAILS Reference Number Document Name 82DBF058-AC0E-46B5-B393-608C0C533E65 4703 Final Charity Acounts 31-Jul-24 The School For Pop-ups CIO 250522 Transaction Type Filename Signature Request 4703_Final_Charity_Acounts_31-Jul-24_The_School_For_Pop-ups_CIO_250522.pdf Sent At Pages 28/05/2025 02:15 PM +00 16 pages Executed At Content Type 30/05/2025 08:44 AM +00 application/pdf Identity Method File Size email 645 KB Distribution Method Original Checksum email 8d8f7a81dfac7dcfdcc804a754836b9c1bae70fec2d8abbcac3698daa6186239 Signed Checksum a921602171ebae21ca243fb1a3356c4ff54c3c898997c87abfd6f90222315b04 Signer Sequencing Enabled Document Passcode Disabled
SIGNERS
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| Barry Coles | signed | 30/05/2025 08:44 AM +00 |
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| Simon Kilpatrick | signed | 30/05/2025 08:39 AM +00 |
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| simonkilpatrick@gmail.com | 8d5050a8e9fd88f8db80491f39695b46b68feffe1da495c046e37c3df866eb45 | 30/05/2025 08:43 AM +00 |
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TIMESTAMP 28/05/2025 02:15 PM +00 28/05/2025 02:15 PM +00 30/05/2025 07:48 AM +00 30/05/2025 08:39 AM +00
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