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 -----**
||||||
|---|---|---|---|---|
|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**
**----- Start of picture text -----**
||||
|---|---|---|
|Average headcount in the year:|2024|2023|
|Charitable activities|2|1|
**----- End of picture text -----**
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**
|**SIGNER**|**E-SIGNATURE**|**EVENTS**|
|---|---|---|
|**Name**|**Status**|**Viewed At**|
|**Barry Coles**|**signed**|**30/05/2025 08:44 AM +00**|
|**Email**|**Multi-factor Digital Fingerprint Checksum**|**Identity Authenticated At**|
|**barry@greenaccountancy.com**|**7a54ac38eb56805dac3b4b721c93338563ab3a11d354d4a8f500e0061a8d6117**|**30/05/2025 08:44 AM +00**|
|**Signer Sequence**|**IP Address**|**Signed At**|
|**1**|**185.241.227.193**|**30/05/2025 08:44 AM +00**|
|**Components**|**Device**||
|**2**|**Firefox via Windows**||
||**Typed Signature**||
||||
||**Signature Reference ID**||
||**13C41C08**||
|**Name**|**Status**|**Viewed At**|
|**Simon Kilpatrick**|**signed**|**30/05/2025 08:39 AM +00**|
|**Email**|**Multi-factor Digital Fingerprint Checksum**|**Identity Authenticated At**|
|**simonkilpatrick@gmail.com**|**8d5050a8e9fd88f8db80491f39695b46b68feffe1da495c046e37c3df866eb45**|**30/05/2025 08:43 AM +00**|
|**Signer Sequence**|**IP Address**|**Signed At**|
|**0**|**81.141.177.49**|**30/05/2025 08:43 AM +00**|
|**Components**|**Device**||
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||**Drawn Signature**||
||||
||**Signature Reference ID**||
||**9F4950C3**||
||**Signature Biometric Count**||
||**7**||
## **AUDITS**
**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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