REGISTERED CHARITY NUMBER: 1197259 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST SEPTEIWIBER 2024 FOR CURRY ON THE STREET Ainsworths Litnited Chartered Accountants Charter House Stansfield Street Ne15011 Lanca5hire BB9 9XY
CLWiY ON THE STREET CONTELYTS or THE FINI ANCIAL STATL.N1EN'rs FOR THE YEAR ENDED 1ST SLPTEfwlBER 2024 Page Report of the T]ustees I to4 Independeni Examiner's Report to the MembeTg of Cuny on the Street Siaremeni of Financial Activities Balance Sheet Notes 10 the Financial Staternents 8 to 12
CURRY ON THE STREET REPORT OF THE TRUSTEES voK"rHE YEAR kliDED 1ST SEPTEMBER 2024 FINANCIAL STATEMETr4TS AND TRUSTEES, REPORI. The irusiees present their annual ieport and unaudited flliancial statements of the charity for the year ended I, September 2024. The financial siatements comply with the Charities Act 2011 and Reporting by Charittes. Statement of Recommended Practice applicable to charitie5 preparing their accounts in a¢cordan¢e with the Financial Reporting Stat]dard applicable in the United Kingdom and Republic of Ireland (FRS 102) (effective 151 January 20151- Iciwities SORP IFRS 1021). REFERE)L CE AND ADMINISTRATIVE DETAILS Registered Charity number 1197259 Registered offlee 24 Clifford Street Barnoldswick BB18 6AG Trllstees and key management JFOY G Whiteoak J Whiteoak (resigned 21° December 2023) S Martin T Harmson M Afraz K Monk {appointed during the year} Independent Examiner M Sunter FCA Ainsworths Limited Chartered Accountants Charter House Siansfield Street Nelson Lancashire BB9 9XY Bankers Santander 3 Church Street Colne BB8 OEB Page I
CURRY ON THE STREET REPORT OF THF. TRUSTEES ICONTINUEDI FOR TFIE YEAR ENDED 1ST SEPTEIWIBER 2024 STRUCTURE, GOI'ERNANCE ATr4D fwIANAGEMENT Organisational status Curry on the Street wa% registered as a charity on 21, December 2021 under the provisions of the Charities Act (Charity number.. 1197259) and is governed by a Irusi deed. Organisational structure The Board currently consists of the trnstees and is responsible for key policy decisions and the effective governance of the organisation overall. The trustees take care of the day to day rLlg and legal requirements of the charity alld the Board meets on a regular basis. Reerultment and appointment of tLeTrY trllstee5 Trustees are appointed lo reflect the skills required to.%upport the Board and its range of activities. The tru.%tees themselves appoint new trustees to the Board and provide appointees with a full orientation on ihe services provided, the deci%ion- making processes of the charity and the roles and responsibilities of a tntee, including their legal obligations under applicable laws. Risk anagement The trustees have examined the major strategic, bu.8iness and operational risks which the charity faces and ¢onfinn that systetns have been established to ensure that regular repons are produced and that necessary steps can be taken to address any issues arisEn8. ORIECTIVES AND ACTIVITIES Th¢ principal activities of the charity are to relieve poverty. promote good nutrition and reduce social isolation amongst those in our conununity who are suffering social, economi¢al or emotional distress by the provision of emergency food parcels (refeal proce5s}, wann clothing and by serving nutritious curry and rice weekly in the town Centre of Nelson and inside premises in Burnley and Colne, Lancashire. Public benefit In setting out the clwity's objectives and planning of activities the trustees have gEven careful consideration to the Charity Conunission's general guidance and section 1715) of the Charities Act 2011. The trustees are confident that the charity offers services of real and practical use to the local population and therefore complies with the responsibklity placed on all charities under the Charities Aet 2011 to demonsirate a public benefit. ACHIEVEftriENTS AND PERFORMANCE This past twelve months, Curry On The Street have been inundated with individuals and fa]nilies needing help, support and advice. referrals are coming in fast frorn social services. hospitals, the Job Centre, and the YES Hub to name a few. We are always helping where we ¢an with food parcels, hot food, clothe5, coats, sleeping bags. furniture and tents. On a regularly weekly basis, we see around 300 service users coming to our centre and also through our outreach work. We help to get people in rehab fordjug and alcohol addiction, and also support people to be rehomed where possible. We follow their progress through. We continue to work with Pendle Council with the Household Support Fund. Businesse8 and organisations continue to support our charity, as do individuals and some schools. We are part of the safe, warn) spaces initiative. We signposi where necessary and have close links with the relevant organisations to provide the appropriate support. We have a social media page, including Facebook and Instagram, and a live website Iwww.curryonthestreet.co.uk)- We feed ¢hildren all thn)ughout the holidays. providing breakfast and lunch, and coniinue to feed all children for free, as well as the homeless and people who are in financial difficulty. Page 2
CURRY ON THE STREET REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAH ENDED 1ST SEPTEMBER 2024 ACIIIEIIEMENTS 5'D PERFORI.IANCE {COLYTI) UED) We Iiave given out hundreds of Coals. blankets, sleepsng bags, e. We have also furnished houses for families who have nothing. We give out free sanitary protection and toiletries when we are able. We have been to primary and secondary schools infomiing the classes of what we do. the children get involved and ask questions with a keen interest. We also offer courses for adults from Lancashire Adult Learning. We continue to welcome yOungsrS who come to us undertaking their Duk¢ of Edinburgh Award, or through the Prince's Trusi. We hosted & big Christmas dinner celebration in 2023 and are doing the &qme in 2024. This will be held on 23rd December. Future plans The next 12 monthb., we will continue to try and source pla¢es where our homeless can shelter. We will work on reducing social isolation further, by opening for more hours and starting more communiry groups. We are a diverse centre and are proud of this. We wani to work more and more in diversiry and with asylum seekers. rethgees, etc. We also offer COLwse5 for adults from Lancashire Adult Leaming, and will continue doing ihis for the foreseeable fuwre. FINANCIAL REVIEW The attached statement of financial activities shows how funds were raised and applied during the year. This statement separates funds which the charity controls itself (unrestricted funds) from those thai have to be spent in a manner detemiined by the donor (restricted funds). During the year ellded I, September 2024 incoming resources amounted to £95,904 while iesources expended atnounted to £54,919. The net result for the year was a surplus of £40.985 which wab an increase on the surplus returned for the previous year. The trustees consider the r¢sults for the year to be satisfactory. Reserves poliey It 18 the policy of the chariry to maintain unrestricted funds. which are free reserves of the charity, at levels which equate to an excess of it.% projected needs for the forthcoming year, thereby pioviding sufficient funds to cover management, administration and support cosis and enable the ongoing development of projects. The trustees believe the net asset position is sufficitnt to satisfy such requirements although these levels of free reserves are reviewed on a regular basis. Page 3
CURRY ON THE STREET REPORT OF THF. TRUSTF.ES (CONTI)UED) FOR THE YF.AR EIYI)ED 1ST sEPTE[BER 2024 Risk a55e55ment The trustee8 review the major risks faced by the Charity during their regular meetings and confimi there are systems in place to mitigate them. Internal risk8 are minimised by the segregation of duties and procedure8 for authorisaiion of all trgnsa¢tions. Acknowledgements The irnslees would like to express thanks to all the charity's employees and volunteers. STATELTrIEL¥T OF TRUSTEEES, RESPONSIBILITIES Under charity law. Ihe trUSeS are iesponssble for preparing the Report of the TSteeS and the financial statements for each financial year which show a true and fair view of the stale of affairs of the charity and of the excess of income over expenditure for that period. In preparing these fmancial statements, generally accepted accounting practice entails that the trustees.. select suitable accounting policies and ihen apply them consistently,. make judgements and e.%timate8 that are reasonable and prudent., state whether the recommendations of the Statement of Recommended Practice have been followed. subject to any material departures disclosed and explained in the financial statements,. state whether the filncIal statements comply with Ihe irnst deed, subject to any material departures di108ed and explained in the funcial $tatetnents,' and prepare the funcial statements on the going eoncern basis unless it is inappropriate to presume ihat the charity will continue its activities. The trustees are required lo act in accordance wilh the trust deed of the charity, within the framework of tNst law. They are responsible for keeping proper accouniing records, sufficient to disclose at any time. with reasonable accuracy, the FancIal position of the charity at that time, and to enable them to ensure that, where any statements of accounts are prepared by them under the Charities Act 2011 and Ihe appli¢able Charity (Accounts and Reports) Regulations, those stalejnenis of accounts comply with the requirements of regulations under those provisions. The trustees also have a general re5ponsibilily for taking such steps as are reasonably open io them to safeguard the assers of ihe Charity and to prevent and detect fraud and other irregularities. The trnstees are responsible for the maintenance and integrity of the charity and fmancial infomiation included on the charity's website. Charity requireentS This report h&8 been prepared in accordance with requirements set by the Charities SORP (FRS 102). ON BEHALF OF THE BOARD. J Foy- Trusiee Dated.. 17tb January 2025 S Martin - Trnstee Dated.. 17 January 2025 Page 4
INDEPE)DENT EMMINERS REPORT TO THE I¥IEMBERS OF CURRY ON THE STREET I ieport on the accounts of Curry on the Street for the year ended 1° September 20?4, which are set out on pages 6 to 12. Respective responsibilities of the trustees and examiner The charity's tSteeS are responsible for the preparation of the a¢¢ounts. The charity's trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011 (rhe 2011 Act) and that an independent examinaiion is ne¢ded. Having sati.%fied that the Charity is not subject to an audit under section 144{21 of the 2011 Act and is eligible for independent examination, it is my responsibility to.. Examine the accounts Lder section 145 of the 2011 Act.. To follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5llb) of the 2011 Act. alld To state whether particular maiters have come io my attention. Basis of independent examiner's report My examinaiion was carried out in accordance with the General Directions given by the Charity Commissioner. An examination includeb a review of the accounting records kept by the clwily and a compatistsn of the ac¢ounts presented with those recordb.. It also includes con5ideiation of any unusual itetns or disc105ure5 Ln the accounts. and the seeking of explanations from you a5 trustees conceming any such matters. The procedures undertaken do not provide all the evidence thai would be required in an audit and. consequently, no opinion 15 given as to whether the a¢counis present a 'trne and fair view, and the ieport is limited to those Matters set out in the statetnent below. Independent examlner's Statement In connection with my exalnination, no matter has come to my attention.. Nvhich gives me reasonable cause to believe that, in any material respect, the requirements.. lal 10 keep accounting record8 in accordance with section 130 of the 2011 Act; and Ib) lo prepare accounts which accord with the accounting records, comply with the accounting requirements of the 2011 Act have not been mei,. or To which, in my opinion, aiteniion should be drawn in order to enable a proper understanding of the accounts to be reached. Mark Sunier FCA Ainsworths Limited Charter House Stansfield Street Nelso Lancashire BB9 9XY Daied.. 17, Janua 2025 Page 5
CLRRY ON THE STREET STATEFwlELYT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST sEPTEIBER 2024 Unrestricted funds Restricted lunds 2024 2023 Notes lÈNCO.MbNG RESOURCES Donations and grants Trading operations 22.715 11,859 61?30 84,045 11,859 61.955 Total incoming re$our¢vJ 34.574 61J30 9S.904 61,955 RESOURCES EXPENDED Charitable activitLeS 54,919 54,919 42.436 Total resources expended 42.436 I¥ET MOVEMENT IN FUI¥DS 34,574 6,411 40,985 19.519 RECONCILIATION OF FUNDS Total funds brought forward 36.874 697 37.571 18.052 TOTAL FUNDS CARRIED FORWARD The ststement of f]nancial activities includes all gains and losses recognk5ed in the year. All income and expenditure derives from continuing activities. The notes fomi part of these fanCIal statements Page 6
CURRY ON THE STREET BALANCE SHEET AT 1ST SEPTENIBEIi 2024 2024 2023 Notes FIXED ASSETS Tangible assets 2,113 1,541 2,113 1,541 CURRENT ASSETS Cash at bank 77.143 36,730 77,143 36,730 CREDITORS Amounts falling due within one year NET CURRENT ASSETS 700 700 76,443 36,030 TOTAL ASSETS LESS CURRENT LIABILITES 78,556 37,571 NET ASSETS 78,556 37,571 FUNDS Restricted Unrestricted 7.108 71,448 697 36,874 TOTAL FUNDS 78,S56 37,571 The financial statements were approved by the Btsard of Trustees on 17 January 2025 and were sagned on its behalf by.. JFO Trustee S Martin Trustee The notes fonn part of these financial staiements Page 7
CURRY ON THE STREET NOTES TO THE FINANCIAL STATEIllF.NTS FOR THE YEAR ENDED 1ST SEPTE1BF.R 2024 ACCOUNTI,NG POLICIES Statutory InfortiO Curry on the Street 18 registered with the Charity Commission in England. The regiSred charity number and address can be found in the Report of the Trusiees on page l. Basis of preparation The accounts Ifinalleial statements) have been prepared in accordance with the Statement of Recommended Practi¢e.' Accounting and Reponing by Charities preparing theit accounts in accordance with the Financial Reponing Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Financial Reporting Standard applicable in Ihe United Kingdom and Republic of Ireland IFRS 1021 and the Ch2rities Act 2011 and UK Generally Accepted Practice. Consolidation The chaiity has elected to take exemption from the requirements to prepare consolidated accounts as permitted by Charities SORP IFRS 102}. Cash fio The charity is exetnpt from the requirement to prepare a cash flow statement as ir qualifies as a small entiry. Ineoming resourees All incotning Tesources are included on the Statement of Financial Activities when the charity is legally entitled to the incorne and the amount can be quantified with reasonable accuracy. Income fFtstn donations, legacies. fundraising and similar incoming resources are Included in the year in which they are receivable. Any incotne received for specific purpose is accounted for as restricted funds when receivable. Resources expended Expenditure is accounted for on an accruals basis (inclusive of attributable value added tax which cannot be recovered) ad has been classified under the principal categories related to the cost. Costs allocated to activitie8 in the rterance of the ¢harity'q objects are those directly associaied with achieving the charity's goal. Governance costs are those incurred in connection with the management of the company's a8sets, organi8ational administration and complian¢e with constitutional and Statutory iequirements. Where c05t5 al0t be directly attributed to particular headings they have been allocated tts activities on a basis consistent with the use of resources. Fund accounting Unrestricted fund8 are available for use at the discretion of the In151ee5 in tlie furtherance of the general activities of the charity. Surplus funds ¢an be allocated to restricted piojects if the tNstees believe they are rquired. Restricted funds are funds subject to specific restriction imposed by the donors for the puryose of any appeal in which the funds are raised and can only be used for particulat pL}05e within the objects of the charity. Tangible fixed assets Depreciatiot) is provided al the following annual rates in order to write off each asset over its estimated u%eful life. Fixtures and fittings 15 % reducing balance The notes forn] part of these financial statements Page 8
CURRY THE STREET NOTES TO THE FIINANCI.4L STATETrIENI TS (CONTINUED) FOR THE YEAR ENDED 1ST SEPTEiWIBER 2024 ACCOUNTING POLICIES (CONTINUED...) Taxation The ttust 18 a regi%tered charity and is th¢refore exempt frotn liicome Tax and Corporation Tax under the proiisions of Section 505111 of the Income and Corporation Taxes Act 1988. L¥ET INCOME AND EXPENDITURE FOR THE YEAR Net income and expenditure Is stated after charging.. 2024 2023 Depreciation Independent exfimingr 5 remunerution.. Independent examination fee$ Other accountancy services 317 273 300 900 300 900 INCOME FRO[ DONATIONS AND GIW4TS 2024 2023 Donatiot]5 22,715 18,822 Gran¢s.' Pendle Borough Council Lottery Funding Lancashire County Council 38,490 20,334 2,500 27,133 10,000 6.000 84,045 61,955 Incorne frorn donations and grants tOlalin8 £61,330 {2023.. £43,133) were restricted. INCOME FROM TRADING OPERATIONS 2024 2023 Operations of catering activities 11,859 11,859 Income from trading operations totaling £Nil {2023.. £Nil} were restricied. The notes fonn part of these fanCial slatetnents Page 9
CURRY ON THE STREET NOTES TO THE FIINANCIAL sTATEIENTs ICONTtNUEDI FOR THE YEAR ENDED 1ST SEPTEIBER 2024 STAFF COSTS 2024 2023 Staffcosts.. Gross wages Social security Pensionb 5,521 5,521 The avepage numher of employeu durig ihe year were asfollows.. No No Charitable services Management and adrninistration During ihe year, no employee received remuneration in excess of £60,000 The trustees and key management personal have received neither remuneraiion nor reimbursement of expenses during the period. RESOURCES EXPENDED 2024 2023 Vouchers and gifts Food and consumables Repairs and renewals Staff costs Miscellaneou5 expenses Postage and stationery Insurance Accountancy fees Training Motor and travel Utilities Depreciation 1.566 24,601 5,973 S.521 691 1,799 241 1.200 77 7,641 5,292 317 20,693 10,189 2.628 490 73 199 1,200 38 6.585 68 273 54,919 42,436 ReOUrceS expended totalling £54,919 (2023.. £42.436) were re8tricted The notes fomi part of these financial staMentS Page 10
CURRY ON THE STREET NOTES TO THE FIINANCIAL STATENIENTS (CONTll¥UED) FOR TIIE YEAR ELNDED 1ST SEPTEVI IBER 2024 TANGIBLE FIXED ASSETS Fixtures and ritting5 Total COST At 2 Septeber 2023 Additions Disposals 1,814 889 1,814 889 At 1° September 2024 2,703 2,703 DEPRECIATION At 2. September 2023 Charge for year Eliminated on disposal 273 317 273 317 Ai 1st Septetnber 2024 590 590 F4ET BOOK VALUE At 1st Septeber 2024 2,113 2,113 At 151 September 202J I,S41 I,S41 CREDITORS: AfvtOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 700 700 700 700 The notes fomi part of these financial statements Page 11
cutIRY ON THE STREET OTES TO THE FINANCIAL STATETrIENTS ICO)TINUED} FOH'FHE YLAR ENDED 1ST SEPTEIWIBER 2024 NALYSIS OF NET ASSETS BETMf EN FLryDS 2024 Total funds 2023 Total Funds Unrestricted funds Restricted fund5 Fixed assets Cutrent assets Current liabilities 2,113 70.035 1700) 2,113 77,143 17001 1,541 36,730 (7001 7,108 71,448 7,108 78,556 37,571 io. IOVEfwlENT tN FUNDS Net movement i funds At 2.9.23 At 1.9.24 Unrestricted funds General 36,874 34,574 71,448 Restricted funds General 697 6,411 7.108 TOTAL FU.NDS 37.571 40,985 78,556 Net movemeni in funds, included in the above are as folloms.. Incoming resources Resources Recognised expended gainsl(los$es} Movement in funds Unrestricted funds General 34,574 34,574 Restrieted funds General 61,330 (54.919) 6,411 95,904 (S4,9191 40.985 The notes forni part of these financial statements Page 12