REGISTERED COMPANY NUMBER: 10632756 (England and Wales) REGISTERED CHARITY NUMBER: 1178574
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023
FOR
LET'S FEED BRUM LIMITED
Ark Aurora Ltd Chartered Accountants & Chartered Tax Advisers The Maltings 2 Anderson Rd Bearwood Birmingham West Midlands B66 4AR
LET'S FEED BRUM LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
LET'S FEED BRUM LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2023. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
10632756 (England and Wales)
Registered Charity number
1178574
Registered office
5 Deansway Worcester Worcestershire WR1 2JG
Trustees
Ms H A Petersen D'Souza Director Katherine Margaret Ann Strang Director Mr Alan Martin Strang Director MR Rajeev Paul Rana Director (appointed 13.6.22) Mrs Nichola Lucy D'Souza Director Mrs Tara Samantha Tomes Director (appointed 13.6.22) Mr Andrew Currah Director (appointed 28.10.22)
Mr Thibaut Yves Marechal Director (resigned 13.6.22)
Independent Examiner
Balvinder Singh Ark Ark Aurora Ltd Chartered Accountants & Chartered Tax Advisers The Maltings 2 Anderson Rd Bearwood Birmingham West Midlands B66 4AR
Approved by order of the board of trustees on ............................................. and signed on its behalf by: 28 November 2023
........................................................................ Mr Andrew Currah - Trustee
Page 1
INDEPENDENT FXAMINER'S REPORT TO THE TRUSTEES OF -EF.D BRUM LIMIT- IndepcndctLt examiner's rtporl to the trustees of L¢t'$ Feed Brum Llmlted I'th¢ Con]pany') l Tcpon to the charity trustees on Tny examination of the accounts of the Cornpany for the year ended 28 February 2023. Responsihilitses and bAsls trf report As the ehdrirj's trustc¢s of Ihe Company land also its directors for the purposes of ¢ompany lawl you are r¢spon5Eble for the pr¢para¢ion olth¢ accounis in accordance widi the requir¢ments of the Conipanies Act 20061'tlie 2fft6 Acv). Having satisfied myself that tlie acc¢)wits of the Company are iiot required to be audiied under Part 16 of ihe 2006 Act and are eligible for independent examination, I report in respeci of i7)y exllminaiion of your charritys accounL% as Carried L)Ut undcr Scction 145 of ti)e Cliarilies A¢1 2011 I'the 2011 A¢i'l. In ca]rying our my cxaniination I Iiave followed tht Dircctioiis givcii by the Cliarity Coinmi551011 undcr Secltojj 14515} {b) of the 201 L Acl. ITLdepeKdent ¢xaThiner'5 Statem¢nt I liawe coinpl¢od my cxainindtioii. I cojjlirm thai no matters have comt to my aiienlion in coNieclioii WLth Ihc examination giving me cause lo believe.. accounting IEcord* wrrc not kept in rcspe£t of the Cornpany as Tequir¢d by Section 386 of the 2006 A¢ or tjic accollnis do not accord witli thosc record5. or Ilie accounts do not comply willi the accounting requiremtnis of Section 396 of tlic 2006 Act oilier Iliaii any requireinenl that the accounts ¥ive a true and fair view which is not a mattcr considcred a$ port of an indcpcndcnt exarninalion. or the accouiits have not been pjrpared iii accordance with the m¢thuds ld principlcs of th¢ Sthieine]]l or Recotninended Pjaclite for accouiiling aiid reportiiig by chaTilie5 (applicable io chariiies preparing iheir accounts ii) accordance with the Financial R¢wTrrttng StarLd31'd applicable in the UK aiid R¢pllblit tsf Iirland IFRS 1021). I hav¢ no coo¢¢ms aiid liave com¢ a¢ross no otiicr iatte tn ¢oiine¢tion with the cxamination to whidi att¢iition should be drawtt in this report in order 10 ¢nabl¢ a proper und¢r$tandin¥ of the accouiils to be reaclied. Balvinder Singli Ark Ark Aurord Ltd aiariered A¢Countsts & Chartered Tax Advisers Ie Maltin& 2 Andcrson Rd Bt&nvood Biiiniiigham Wesl Midlands B664AR Datc.. Pagc 2
LET'S FEED BRUM LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 135,697 EXPENDITURE ON Raising funds 2 78,653 Charitable activities Sundry expenses 24,973 Total 103,626 NET INCOME 32,071 RECONCILIATION OF FUNDS Total funds brought forward 66,099 TOTAL FUNDS CARRIED FORWARD 98,170 |
Restricted fund £ 7,560 - - - 7,560 - 7,560 |
28.2.23 Total funds £ 143,257 78,653 24,973 103,626 39,631 66,099 105,730 |
28.2.22 Total funds £ 129,537 |
|---|---|---|---|
| 86,799 23,968 |
|||
| 110,767 | |||
| 18,770 47,329 |
|||
| 66,099 |
The notes form part of these financial statements
Page 3
LET'S FEED BRUM LIMITED
BALANCE SHEET
28 FEBRUARY 2023
| Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 98,170 NET CURRENT ASSETS 98,170 TOTAL ASSETS LESS CURRENT LIABILITIES 98,170 NET ASSETS 98,170 FUNDS 5 Unrestricted funds: General fund Restricted funds: Restricted fund TOTAL FUNDS |
Restricted fund £ 7,560 7,560 7,560 7,560 |
28.2.23 Total funds £ 105,730 105,730 105,730 105,730 98,170 7,560 105,730 |
28.2.22 Total funds £ 66,099 |
|---|---|---|---|
| 66,099 | |||
| 66,099 | |||
| 66,099 | |||
| 66,099 - |
|||
| 66,099 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 28 November 2023
............................................. Mr Andrew Currah - Trustee
The notes form part of these financial statements
Page 4
LET'S FEED BRUM LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
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.
Restricted funds can only be used for particular restricted purposes within the objects of the 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.
2. RAISING FUNDS
Investment management costs
| Investment management costs | |||
|---|---|---|---|
| 28.2.23 | 28.2.22 | ||
| £ | £ | ||
| Support costs | 689 | - |
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continued...
LET'S FEED BRUM LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2023
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 28 February 2023 nor for the year ended 28 February 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 28 February 2023 nor for the year ended 28 February 2022.
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 129,537 | - | 129,537 | |
| EXPENDITURE ON | ||||
| Raising funds | 86,799 | - | 86,799 | |
| Charitable activities | ||||
| Sundry expenses | 23,968 | - | 23,968 | |
| Total | 110,767 | - | 110,767 | |
| NET INCOME | 18,770 | - | 18,770 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 47,329 | - | 47,329 | |
| TOTAL FUNDS CARRIED FORWARD | 66,099 | - | 66,099 | |
| 5. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.3.22 | in funds | 28.2.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 66,099 | 32,071 | 98,170 | |
| Restricted funds | ||||
| Restricted fund | - | 7,560 | 7,560 | |
| TOTAL FUNDS | 66,099 | 39,631 | 105,730 |
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continued...
LET'S FEED BRUM LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2023
5. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 135,697 Restricted funds Restricted fund 7,560 TOTAL FUNDS 143,257 Comparatives for movement in funds At 1.3.21 £ Unrestricted funds General fund 47,329 TOTAL FUNDS 47,329 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 129,537 TOTAL FUNDS 129,537 |
Resources Movement expended in funds £ £ (103,626) 32,071 - 7,560 (103,626) 39,631 Net movement At in funds 28.2.22 £ £ 18,770 66,099 18,770 66,099 Resources Movement expended in funds £ £ (110,767) 18,770 (110,767) 18,770 |
|---|---|
continued...
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LET'S FEED BRUM LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2023
5. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.3.21 | in funds | 28.2.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 47,329 | 50,841 | 98,170 | |
| Restricted funds | ||||
| Restricted fund | - | 7,560 | 7,560 | |
| TOTAL FUNDS | 47,329 | 58,401 | 105,730 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 265,234 7,560 272,794 |
Resources Movement expended in funds £ £ (214,393) 50,841 - 7,560 (214,393) 58,401 |
Resources Movement expended in funds £ £ (214,393) 50,841 - 7,560 (214,393) 58,401 |
|---|---|---|---|
| 58,401 |
6. OTHER FINANCIAL COMMITMENTS
Included in Donations and legacies is an amount of £7,560 being Syria-Turkey Earthquakes appeal funds received in the year. The funds were only disbursed in the following financial year.
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 28 February 2023.
Page 8
LET'S FEED BRUM LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2023
| 28.2.23 | 28.2.22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 143,257 | 129,537 |
| Total incoming resources | 143,257 | 129,537 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 77,964 | 86,298 |
| Charitable activities | ||
| Sundry expenses | 24,973 | 23,968 |
| Support costs | ||
| Finance | ||
| Bank charges | 689 | 501 |
| Total resources expended | 103,626 | 110,767 |
| Net income | 39,631 | 18,770 |
This page does not form part of the statutory financial statements
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