Charity number: 1187676 ## The Bloomers Trust Report of the Trustees and Unaudited Financial Statements For the year ended 05 April 2023 The Bloomers Trust Contents Page For the year ended 05 April 2023 |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 10| |Detailed Statement of Financial Activities|11| The Bloomers Trust Report of the Trustees ## For the year ended 05 April 2023 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 05 April 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 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. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **Volunteers** The Bloomers Trust is grateful to the individuals and orgnaisations who have contributed to the income generated during the year. This has had a profound effect on the success and lives impacted as a result of the projects undertaken. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** The charity has secured funding partners that have supported the charity this year. The trustees are grateful and foresee these partnerships continuing into the future. Quizzes are organised to continue to raise awareness of what the charity does and raise generate unrestricted funds. ## **FINANCIAL REVIEW** ## **Reserves** The charity has generated income of £32,200, incurred expenses of £29,117 resulting in a surplus for the year of £3,083. This compares to the previous year's £6,773 of receipts, £10,980 of costs and a deficit of £4,207 in the previous year. Total cash at the reporting date amounted to £19,660 comapred to £15,932. Funds available to the charity as at 5 April 2023 amounted to £10,058 of which there was a defict in unrestricted funds of £862 and restricted funds of £10,920. ## **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 in deficit** Unrestricted funds was identified to have a deficit as at 5 April 2023 of £862. This has been identified by the trustees and action has been taken in the next financial year to remedy the situation. ## **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 1 of 11 The Bloomers Trust Report of the Trustees Continued For the year ended 05 April 2023 ## TN23 6LN ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Anna Victoria Barker Kieran Frank Osborne Victoria Elizabeth Glennie **Independent examiners** Swift Accountancy Swift Farm, Sandy Lane Ashford Kent TN26 1JN Approved by the Board of Trustees and signed on its behalf by ............................................................................. 20 December 2023 Kieran Frank Osborne 2 of 11 ## The Bloomers Trust ## Independent Examiners Report to the Trustees For the year ended 05 April 2023 I report to the trustees on my examination of the accounts of the charity for the year ended 05 April 2023. ## **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) - 2670702 Swift Accountancy Swift Farm, Sandy Lane Ashford Kent TN26 1JN 20 December 2023 3 of 11 ## The Bloomers Trust Statement of Financial Activities ## For the year ended 05 April 2023 ||**Notes**|**Unrestricted**|**Restricted**|**2023**|**2022**| |---|---|---|---|---|---| |||**funds**|**funds**||| |||**£**|**£**|**£**|**£**| |**Income and endowments from:**|||||| |Donations and legacies|2|3,595|27,638|31,233|6,236| |Other trading activites|3|967|-|967|537| |**Total**||**4,562**|**27,638**|**32,200**|**6,773**| |**Expenditure on:**|||||| |Charitable activities|||||| |Care package fulfillment||(6,166)|(22,951)|(29,117)|(10,980)| |**Total**||**(6,166)**|**(22,951)**|**(29,117)**|**(10,980)**| |**Net income/expenditure**||**(1,604)**|**4,687**|**3,083**|**(4,207)**| |**Reconciliation of funds**|||||| |Total funds brought forward||742|6,233|6,975|11,182| |**Total funds carried forward**||**(862)**|**10,920**|**10,058**|**6,975**| 4 of 11 ## The Bloomers Trust Statement of Financial Position As at 05 April 2023 |**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
8
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
9
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
10
Unrestricted income funds
10
**Total funds**|**£**
**2023**
1,678
**1,678**
-
19,660
**19,660**
(11,280)
**8,380**
**10,058**
**10,058**
10,920
(862)
**10,058**|**£**
**2022**
1,210| |---|---|---| |||**1,210**| |||238
15,932| |||**16,170**| |||(10,405)
**5,765**| |||**6,975**| |||**6,975**| |||6,233
742| |||**6,975**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Kieran Frank Osborne Trustee 20 December 2023 5 of 11 The Bloomers Trust Notes to the Financial Statements For the year ended 05 April 2023 ## **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. ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 33% Straight line Fixtures and Fittings 10% Straight line ## **2. Income from donations and legacies** ||**Unrestricted**|**Restricted**|**2023**|**2022**| |---|---|---|---|---| ||**funds**|**funds**||| ||**£**|**£**|**£**|**£**| |Donations received|2,595|-|2,595|673| |Grants received|-|27,638|27,638|4,563| |Gifts in kind|1,000|-|1,000|1,000| ||**3,595**|**27,638**|**31,233**|**6,236**| 6 of 11 The Bloomers Trust Notes to the Financial Statements Continued For the year ended 05 April 2023 ## **Analysis of grants received** |De Haan Trust
Kent Police
Local authorities
Other organisations|**2023**
**£**
14,187
9,284
1,667
2,500
**27,638**|**2022**
**£**
348
500
215
3,500| |---|---|---| |||**4,563**| ## **3. Income earned from other activities** |**Unrestricted funds**
Fund raising events
**et income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees
Staff pension contributions
**taff costs and emoluments**
Total staff costs for the year ended 05 April 2023 were:
Salaries and wages
Pension costs
Employees
Trustees|**2023**
**£**
967
**967**
**2023**
**£**
533
575
158
**2023**
**£**
12,463
158
**12,621**
**2023**
2
3
**5**|**2022**
**£**
537| |---|---|---| |||**537**| |||**2022**
**£**
289
550
-| |||**2022**
**£**
348
-| |||**348**| |||**2022**
1
3| |||**4**| ## **4. Net income/(expenditure) for the year** ## **5. Staff costs and emoluments** 7 of 11 ## The Bloomers Trust Notes to the Financial Statements Continued For the year ended 05 April 2023 ## **6. Comparative for the Statement of Financial Activities** |**Income and endowments from:**
Donations and legacies
Other trading activites
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**7. Tangible fixed assets**
**Cost or valuation**
At 06 April 2022
Additions
At 05 April 2023
**Depreciation**
At 06 April 2022
Charge for year
At 05 April 2023
**Net book values**
At 05 April 2023
At 05 April 2022|**Unrestricted**
**funds**
**£**
3,888
537
**4,425**
(7,865)
**(7,865)**
**(3,440)**
4,182
**742**
**Fixtures and**
**Fittings**
**£**
-
1,000
**1,000**
-
33
**33**
**967**
**-**|**Restricted**
**funds**
**£**
2,348
-
**2,348**
(3,115)
**(3,115)**
**(767)**
7,000
**6,233**
**Computer**
**Equipment**
**£**
1,499
-
**1,499**
288
500
**788**
**711**
**1,211**|**2022**
**£**
6,236
537| |---|---|---|---| ||||**6,773**| ||||(10,980)| ||||**(10,980)**| ||||**(4,207)**
11,182| ||||**6,975**| ||||**Total**
**£**
1,499
1,000| ||||**2,499**| ||||288
533| ||||**821**| ||||**1,678**| ||||**1,211**| ## **8. Debtors** |**Amounts due within one year:**
Other debtors|**2023**
**2022**
**£**
**£**
-
238
**-**
**238**| |---|---| 8 of 11 ## The Bloomers Trust Notes to the Financial Statements Continued For the year ended 05 April 2023 ## **9. Creditors: amounts falling due within one year** |Trade creditors
Other creditors
Accruals and deferred income|**2023**
**£**
245
480
10,555
**11,280**|**2022**
**£**
22
-
10,383| |---|---|---| |||**10,405**| ## **10. Movement in funds** ## **Unrestricted Funds** |**Unrestricted Funds**||||| |---|---|---|---|---| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**06/04/2022**|**resources**|**resources**|**05/04/2023**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|742|4,562|(6,166)|(862)| ||**742**|**4,562**|**(6,166)**|**(862)**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**06/04/2021**|**resources**|**resources**|**05/04/2022**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|4,182|4,425|(7,865)|742| ||**4,182**|**4,425**|**(7,865)**|**742**| ## **Purpose of unrestricted Funds** ## General To supply items requested by caseworkers for vulnerable women and babies whom they are supporting. ## **Restricted Funds** ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| |---|---|---|---|---| ||**06/04/2022**|**resources**|**resources**|**05/04/2023**| ||**£**|**£**|**£**|**£**| |Restricted|6,233|27,638|(22,951)|10,920| ||**6,233**|**27,638**|**(22,951)**|**10,920**| 9 of 11 ## The Bloomers Trust Notes to the Financial Statements Continued For the year ended 05 April 2023 ## **Restricted Funds - Previous year** |Restricted|**Balance at**
**06/04/2021**
**£**
7,000
**7,000**|**Incoming**
**resources**
**£**
2,348
**2,348**|**Outgoing**
**resources**
**£**
(3,115)
**(3,115)**|**Balance at**
**05/04/2022**
**£**
6,233| |---|---|---|---|---| |||||**6,233**| ## **Purpose of restricted funds** ## Restricted To accomodate specific gifts and grants that are to go towards beneficiaries or expenditure types on a donation by donation basis. ## **11. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General
**Restricted funds**
Restricted
**Previous year**
**Unrestricted funds**
_General_
General
**Restricted funds**
Restricted|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
1,678
(2,540)
(862)
-
10,920
10,920| |---|---| ||**1,678**
**8,380**
**10,058**| ||**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
1,210
(468)
742
-
6,233
6,233| ||**1,210**
**5,765**
**6,975**| 10 of 11 ## The Bloomers Trust Detailed Statement of Financial Activities For the year ended 05 April 2023 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Grants receivable
Gifts in kind
**Other trading activities**
Fund raising events
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Staff costs - wages & salaries
Staff costs - pension contributions
Care package costs
Carriage and packaging
General expenses
Rent
Advertising
Motor and travel costs
**SUPPORT COSTS**
**Management**
Depreciation - owned assets
Professional fees
Post, print and stationery
Repairs and maintenance
Insurance
IT and computer costs
Telephone
Bank charges
**Governance costs**
Independent examiner's remuneration
Bookkeeping
**Total resources expended**
**Net Income**|**£**
**2023**
2,595
27,638
1,000
**31,233**
967
**967**
**32,200**
(12,463)
(158)
(4,230)
(2,565)
(119)
(4,975)
(587)
-
**(25,097)**
(533)
(1,550)
-
-
(23)
(502)
(224)
(21)
**(2,853)**
(575)
(592)
**(1,167)**
**(29,117)**
**3,083**|**£**
**2022**
673
4,563
1,000| |---|---|---| |||**6,236**
537| |||**537**| |||**6,773**
(348)
-
(1,718)
(1,008)
(273)
(2,662)
(360)
(25)| |||**(6,394)**
(289)
(1,720)
(457)
(508)
(23)
(523)
(22)
(2)| |||**(3,544)**
(550)
(492)| |||**(1,042)**| |||**(10,980)**| |||**(4,207)**| 11 of 11 This page does not form part of the statutory financial statements