## **Bee-Prolific**
## **Charity No. 1197501**
## **Trustees' Report and Unaudited Accounts**
**31 December 2022**
**Bee-Prolific Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Accounts|5 to 7|
|Detailed Statement of Financial Activities|8|
Page 1
**Bee-Prolific Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the period ended 31 December 2022.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1197501**
## **Trustees**
The following trustees served during the year:
I.F. Mensah-Stapleton M.C. O'Dwyer C. Thompson
## **Accountants**
Borasana Limited 55 Jasmine Grove London SE20 8JY
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
C. Thompson Trustee 31 December 2022
Page 2
**Bee-Prolific Statement of Financial Activities**
## **for the period ended 31 December 2022**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Charitable activities
3
**Total**
Net gains on investments
Transfers between funds||**Unrestricted**
**funds**|**Total funds**
**2022**
**£**
650
650
650
650
-
-|
|---|---|---|---|
|||**2022**||
|||**£**||
|||||
|||650||
|||650||
|||||
|||650||
|||650||
|||-||
|||-||
|||||
|||||
|||||
Page 3
**Bee-Prolific Balance Sheet at 31 December 2022**
|**at 31 December 2022**||
|---|---|
|**Charity No. 1197501**
**Total net assets**
**The funds of the charity**
**Restricted funds**
5
**Unrestricted funds**
5
**Reserves**
5
**Total funds**|**2022**
**£**|
||-|
|||
||-|
Approved by the trustees on 31 December 2022 And signed on their behalf by: C. Thompson Trustee 31 December 2022
Page 4
**Bee-Prolific Notes to the Accounts**
## **for the period ended 31 December 2022**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
- Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 5
**Bee-Prolific Notes to the Accounts**
## **Expenditure**
- Recognition of expenditure
- Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
- 2 **Income from donations and legacies**
|3|**Expenditure on charitable activities**|
|---|---|
||_Expenditure on charitable_|
||_activities_|
||_Governance costs_|
|**Unrestricted**
**£**
650
650
**Unrestricted**
**£**
650
650|**Total**
**2022**
**£**
650|
|---|---|
||650|
||**Total**
**2022**
**£**
650|
||650|
- 4 **Staff costs**
No employee received emoluments in excess of £60,000.
Page 6
**Bee-Prolific Notes to the Accounts**
5 **Movement in funds**
|**Movement in funds**||||
|---|---|---|---|
|**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
650
650|**Resources**
**expended**
**£**
(650)
(650)|**At 31**
**December**
**2022**
**£**
-|
||||-|
Page 7
**Bee-Prolific Detailed Statement of Financial Activities**
## **for the period ended 31 December 2022**
|**Income and endowments from:**
Donations and legacies
**Total income and endowments**
**Expenditure on:**
Charitable activities
**Total of expenditure on charitable**
**activities**
**Total expenditure**
Net gains on investments
Other Gains
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
650
650
650
650
650
650
650
-
-
-
-|**Total funds**
**2022**
**£**
650|
|---|---|---|
|||650|
|||650
650|
|||650|
|||650
650
-
-
-|
|||-|
Page 8