Charity number: 1187676 ## The Bloomers Trust Report of the Trustees and Unaudited Financial Statements For the period ended 05 April 2021 The Bloomers Trust Contents Page For the period ended 05 April 2021 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 9| |Detailed Statement of Financial Activities|10| ## The Bloomers Trust Report of the Trustees ## For the period ended 05 April 2021 The Trustees have pleasure in presenting their report and the financial statements for the charity for the period ended 05 April 2021. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Bloomers Trust supplies, wherever possible, items requested by Caseworkers for vulnerable women and babies whom they are supporting. This includes: Push chairs, Moses Baskets, High chairs, Cots etc. These items will be second hand goods of the highest quality. This will also include items purchased new which are considered as essentials for nursing mums including: breast pads, maternity wear. The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** The charity has formed a number of partnerships to fund operations and these are set to continue into the next financial year. Quizzes are organised to continue to raise awareness of what the charity does. ## **FINANCIAL REVIEW** ## **Reserves** The charity has generated a surplus of £11,132 for the period, of which £7,000 is in restricted funds. The charity is run with few overheads and as such has a minimal requirement for reserves. ## **Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Bloomers Trust is a registered charity, number 1187676, and is constituted under a trust deed. ## **Recruitment and appointment of trustees** There are no provisions within the constitution for selection of Trustees other than by existing trustees ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** The Bloomers Trust **Charity registration number** 1187676 **Principal address** Suite 2069 Letraset Building Wooton Road Ashford Kent TN23 6LN ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Anna Victoria Barker (Appointed: 31 January 2020) Kieran Frank Osborne (Appointed: 31 January 2020) Victoria Elizabeth Glennie (Appointed: 31 January 2020) 1 of 10 The Bloomers Trust Report of the Trustees Continued For the period ended 05 April 2021 ## **Independent examiners** Swift Accountancy Limited Swift Farm, Sandy Lane Ashford Kent TN26 1JN Approved by the Board of Trustees and signed on its behalf by ............................................................................. 12 November 2021 Kieran Frank Osborne 2 of 10 The Bloomers Trust Independent Examiners Report to the Trustees ## For the period ended 05 April 2021 I report to the trustees on my examination of the accounts of the charity for the period ended 05 April 2021. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners 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 that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Adam Clegg FCCA BSc (Hons) Swift Accountancy Limited Swift Farm, Sandy Lane Ashford Kent TN26 1JN 12 November 2021 3 of 10 ## The Bloomers Trust Statement of Financial Activities ## For the period ended 05 April 2021 ||**Notes**|**Unrestricted**|**Restricted**|**2021**| |---|---|---|---|---| |||**funds**|**funds**|| |||**£**|**£**|**£**| |**Income and endowments from:**||||| |Donations and legacies|2|9,807|7,000|16,807| |**Total**||**9,807**|**7,000**|**16,807**| |**Expenditure on:**||||| |Charitable activities|3/4|(5,625)|-|(5,625)| |**Total**||**(5,625)**|**-**|**(5,625)**| |**Net income**||**4,182**|**7,000**|**11,182**| |**Total funds carried forward**||**4,182**|**7,000**|**11,182**| 4 of 10 ## The Bloomers Trust Statement of Financial Position As at 05 April 2021 |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
8
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
9
Unrestricted income funds
9
**Total funds**|**£**
**2021**
11,682| |---|---| ||**11,682**| ||(500)
**11,182**| ||**11,182**| ||**11,182**| ||7,000
4,182| ||**11,182**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Kieran Frank Osborne Trustee 12 November 2021 5 of 10 The Bloomers Trust Notes to the Financial Statements For the period ended 05 April 2021 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011. The Bloomers Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. ## **Funds** 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. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. ## **Donated goods, services and facilities** The value of donated goods is estimated at its approximate value as provided by the trustees. ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure. ## **2. Income from donations and legacies** ||**Unrestricted**|**Restricted**|**2021**| |---|---|---|---| ||**funds**|**funds**|| ||**£**|**£**|**£**| |Donations received|2,197|-|2,197| |Grants received|6,610|7,000|13,610| |Gifts in kind|1,000|-|1,000| ||**9,807**|**7,000**|**16,807**| 6 of 10 The Bloomers Trust Notes to the Financial Statements Continued For the period ended 05 April 2021 ## **3. Costs of charitable activities by fund type** |**Unrestricted funds**
Care package fulfillment
Support costs
**4. Costs of charitable activities by activity type**
**Activities undertaken directly**
Care package fulfillment
**5. Analysis of support costs**
Governance costs
**6. Net income/(expenditure) for the period**
This is stated after charging/(crediting):
Accountancy fees
**7. Staff costs and emoluments**
Trustees|**2021**
**£**
5,125
500| |---|---| ||**5,625**| ||**2021**
**£**
5,625
**2021**
**£**
500
**2021**
**£**
500| ||**2021**
3| ||**3**| 7 of 10 The Bloomers Trust Notes to the Financial Statements Continued For the period ended 05 April 2021 ## **8. Creditors: amounts falling due within one year** |**reditors: amounts falling due within one year**|| |---|---| |Accruals and deferred income|**2021**
**£**
500| ||**500**| ## **9. Movement in funds** ## **Unrestricted Funds** |_General_
General|**Incoming**
**resources**
**£**
9,807
**9,807**|**Outgoing**
**resources**
**£**
(5,625)
**(5,625)**|**Balance at**
**05/04/2021**
**£**
4,182| |---|---|---|---| ||||**4,182**| ## **Purpose of unrestricted Funds** ## General To supply items requested by caseworkers for vulnerable women and babies whom they are supporting. ## **Restricted Funds** |Restricted|**Incoming**
**resources**
**£**
7,000
**7,000**|**Balance at**
**05/04/2021**
**£**
7,000| |---|---|---| |||**7,000**| ## **Purpose of restricted funds** ## Restricted To accomodate specific gifts that are to go towards beneficiaries only. 8 of 10 The Bloomers Trust Notes to the Financial Statements Continued For the period ended 05 April 2021 ## **10. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General
**Restricted funds**
Restricted|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
4,182
4,182
7,000
7,000| |---|---| ||**11,182**
**11,182**| 9 of 10 The Bloomers Trust Detailed Statement of Financial Activities For the period ended 05 April 2021 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Grants receivable
Gifts in kind
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Care package costs
Carriage and packaging
General expenses
Rent
**SUPPORT COSTS**
**Governance costs**
Independent examiner's remuneration
**Total resources expended**
**Net Income**|**£**
**2021**
2,197
13,610
1,000| |---|---| ||**16,807**| ||**16,807**
(1,129)
(1,534)
(109)
(2,353)| ||**(5,125)**
(500)| ||**(500)**| ||**(5,625)**| ||**11,182**| 10 of 10 This page does not form part of the statutory financial statements