REGISTERED COMPANY NUMBER: 10632756 (England and Wales) REGISTERED CHARITY NUMBER: 1178574
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024
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 29 FEBRUARY 2024
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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
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LET'S FEED BRUM LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 FEBRUARY 2024
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 29 February 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).
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
Mrs Katherine M Ann Strang Director Mr Alan Martin Strang Director Mr Rajeev Paul Rana Director Mr Andrew Currah Director Ms Maeve Anne O'Sullivan Director (appointed 12.12.23) Ms Simone Elithia Robinson Director (appointed 12.12.23) Ms H A Petersen D'Souza Director (resigned 15.10.23) Mrs Nichola Lucy D'Souza Director (resigned 15.10.23) Mrs Tara Samantha Tomes Director (resigned 15.10.23)
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 20 November 2024 and signed on its behalf by:
Mr Andrew Currah - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LET'S FEED BRUM LIMITED
Independent examiner's report to the trustees of Let's Feed Brum Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 29 February 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (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 Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act 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 - matters of concern identified
I have completed my examination.
It has come to my attention that the charity is making payments to individuals who appear to be providing services that would typically require classification as employees or self-employed contractors. The trustees should review these arrangements to ensure compliance with relevant tax laws.
I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 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; and
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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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Balvinder Singh Ark
Ark Aurora Ltd Chartered Accountants & Chartered Tax Advisers The Maltings 2 Anderson Rd Bearwood Birmingham West Midlands B66 4AR
20 November 2024
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LET'S FEED BRUM LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 29 FEBRUARY 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 138,001 EXPENDITURE ON Raising funds 2 74,075 Charitable activities Sundry expenses 20,946 Restricted fund disbursement - Total 95,021 NET INCOME/(EXPENDITURE) 42,980 RECONCILIATION OF FUNDS Total funds brought forward 98,170 TOTAL FUNDS CARRIED FORWARD 141,150 |
Restricted fund £ - - - 7,560 7,560 (7,560) 7,560 - |
29.2.24 Total funds £ 138,001 74,075 20,946 7,560 102,581 35,420 105,730 141,150 |
28.2.23 Total funds £ 143,257 78,653 24,973 - 103,626 39,631 66,099 105,730 |
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The notes form part of these financial statements
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LET'S FEED BRUM LIMITED
BALANCE SHEET 29 FEBRUARY 2024
| Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 141,150 NET CURRENT ASSETS 141,150 TOTAL ASSETS LESS CURRENT LIABILITIES 141,150 NET ASSETS 141,150 FUNDS 5 Unrestricted funds: General fund Restricted funds: Restricted fund TOTAL FUNDS |
Restricted fund £ - - - - |
29.2.24 Total funds £ 141,150 141,150 141,150 141,150 141,150 - 141,150 |
28.2.23 Total funds £ 105,730 105,730 105,730 105,730 98,170 7,560 105,730 |
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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 20 November 2024 and were signed on its behalf by:
Mr Andrew Currah - Trustee
The notes form part of these financial statements
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LET'S FEED BRUM LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024
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
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|29.2.24|28.2.23|
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|Support costs|836|689|
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continued...
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LET'S FEED BRUM LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 FEBRUARY 2024
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 29 February 2024 nor for the year ended 28 February 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 29 February 2024 nor for the year ended 28 February 2023.
| 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds Charitable activities Sundry expenses Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 5. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
ACTIVITIES Unrestricted fund £ 135,697 78,653 24,973 103,626 32,071 66,099 98,170 At 1.3.23 £ 98,170 7,560 105,730 |
Restricted fund £ 7,560 - - - 7,560 - 7,560 Net movement in funds £ 42,980 (7,560) 35,420 |
Total funds £ 143,257 78,653 24,973 103,626 39,631 66,099 105,730 At 29.2.24 £ 141,150 - 141,150 |
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continued...
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LET'S FEED BRUM LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 FEBRUARY 2024
5. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 138,001 Restricted funds Restricted fund - TOTAL FUNDS 138,001 Comparatives for movement in funds At 1.3.22 £ Unrestricted funds General fund 66,099 Restricted funds Restricted fund - TOTAL FUNDS 66,099 Comparative 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 |
Resources Movement expended in funds £ £ (95,021) 42,980 (7,560) (7,560) (102,581) 35,420 Net movement At in funds 28.2.23 £ £ 32,071 98,170 7,560 7,560 39,631 105,730 Resources Movement expended in funds £ £ (103,626) 32,071 - 7,560 (103,626) 39,631 |
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continued...
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LET'S FEED BRUM LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 FEBRUARY 2024
5. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.3.22 £ 66,099 66,099 |
Net movement in funds £ 75,051 75,051 |
At 29.2.24 £ 141,150 141,150 |
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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 £ 273,698 7,560 281,258 |
Resources Movemen expended in funds £ £ (198,647) 75,051 (7,560) - (206,207) 75,051 |
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6. OTHER FINANCIAL COMMITMENTS
Amount of £7,560 for Syria-Turkey Earthquakes appeal funds was disbursed during the months of March 2023 and April 2023 through Hand in Hand For Aid & Development.
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 29 February 2024.
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LET'S FEED BRUM LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 29 FEBRUARY 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations |
29.2.24 28.2.23 £ £ 138,001 143,257 |
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| Total incoming resources EXPENDITURE Other trading activities Direct expenses Charitable activities Sundry expenses Support costs Finance Bank charges Other 3 Syria-Turkey Earthquake appeal |
138,001 143,257 73,239 77,964 20,946 24,973 836 689 7,560 - |
| Total resources expended | 102,581 103,626 |
| Net income | 35,420 39,631 |
This page does not form part of the statutory financial statements
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