REGISTERED CHARITY NUMBER: 1188383
Report of the Trustees and
Unaudited Financial Statements for the Period 6 March 2020 to 31 December 2020
for
The Broadleaf Foundation
Auguste + Auguste 1 Dukes Passage Brighton East Sussex BN1 1BS
The Broadleaf Foundation
Contents of the Financial Statements for the Period 6 March 2020 to 31 December 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| Detailed Statement of Financial Activities | 9 |
The Broadleaf Foundation
Report of the Trustees
for the Period 6 March 2020 to 31 December 2020
The trustees present their report with the financial statements of the charity for the period 6 March 2020 to 31 December 2020. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The object of the charity is in the interests of conservation to develop, conserve, protect and restore natural resources, animals, insects and plant life through the provision of woodland and forests and in particular to:
(1) promote, provide and enhance woodland and forests for the benefits of the public;
(2) provide or help to provide facilities in the interests of social welfare for recreation and leisure time occupation connected to the enjoyment of land and woodland as a public amenity.
FINANCIAL REVIEW
Financial position
The charities total reserves at the balance sheet date were £61,388, all of which are held in unrestricted funds.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1188383
Principal address
Flat 8 55a Augustus Road London SW19 6LW
Trustees
G Dyson (appointed 6.3.20) W E Sirr (appointed 6.3.20) C L Starling (appointed 6.3.20) P H Jacquelin (appointed 6.3.20)
Independent Examiner
Auguste + Auguste 1 Dukes Passage Brighton East Sussex BN1 1BS
Page 1
The Broadleaf Foundation
Report of the Trustees
for the Period 6 March 2020 to 31 December 2020
Approved by order of the board of trustees on 20 December 2021 and signed on its behalf by:
G Dyson - Trustee
Page 2
Independent Examiner's Report to the Trustees of The Broadleaf Foundation
Independent examiner's report to the trustees of The Broadleaf Foundation
I report to the charity trustees on my examination of the accounts of The Broadleaf Foundation (the Trust) for the period 6 March 2020 to 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
Auguste + Auguste Auguste + Auguste 1 Dukes Passage Brighton East Sussex BN1 1BS
20 December 2021
Page 3
The Broadleaf Foundation
| Statement of Financial Activities | ||
|---|---|---|
| for the Period 6 March 2020 to 31 December 2020 | ||
| Unrestrict | ||
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 65,534 | |
| EXPENDITURE ON | ||
| Other | 4,146 | |
| NET INCOME | 61,388 | |
| TOTAL FUNDS CARRIED FORWARD | 61,388 | |
The notes form part of these financial statements
Page 4
The Broadleaf Foundation
Balance Sheet 31 December 2020
| Notes FIXED ASSETS Tangible assets 3 CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year 4 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 5 Unrestricted funds TOTAL FUNDS |
Unrestrict fund £ 59,891 5,589 (4,092) 1,497 61,388 61,388 61,388 61,388 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 December 2021 and were signed on its behalf by:
G Dyson - Trustee
The notes form part of these financial statements
Page 5
The Broadleaf Foundation
Notes to the Financial Statements for the Period 6 March 2020 to 31 December 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from 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.
Page 6
continued...
The Broadleaf Foundation
Notes to the Financial Statements - continued for the Period 6 March 2020 to 31 December 2020
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 December 2020.
3. TANGIBLE FIXED ASSETS
| COST Additions NET BOOK VALUE At 31 December 2020 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Amounts due to related parties |
Freehold property £ 59,891 59,891 £ 4,092 |
|---|---|
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Amounts due to related parties
5. MOVEMENT IN FUNDS
| Unrestricted funds | Net movement At in funds 31.12.20 £ £ |
|---|---|
| General fund | 61,388 61,388 |
| TOTAL FUNDS | 61,388 61,388 |
Net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 65,534 (4,146) |
61,388 |
| TOTAL FUNDS | 65,534 (4,146) |
61,388 |
Page 7
continued...
The Broadleaf Foundation
Notes to the Financial Statements - continued for the Period 6 March 2020 to 31 December 2020
6. RELATED PARTY DISCLOSURES
During the period ended 31 December 2020, the charity received £62,659 of donations from related parties.
At the reporting date 31 December 2020, the charity had amounts due to a related party of £4,092.
Page 8
The Broadleaf Foundation
| Detailed Statement of Financial Activities for the Period 6 March 2020 to 31 December 2020 INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Support costs Governance costs Insurance Accountancy and legal fees Total resources expended Net income |
£ 65,534 65,534 54 4,092 4,146 4,146 61,388 |
|---|---|
This page does not form part of the statutory financial statements
Page 9