- Nurturing young Nurturing young Hearts & Minds Hearts & Minds A n n u a l R e p o r t 2 0 2 4 - 2 0 2 5
F o r t h e y e a r e n d e d 2 8 F e b r u a r y 2 0 2 5
CONTENTS
Chair’s Statement
Our Mission
This Year’s Projects
Trustees Report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
Page One
BLOSSOMS LONDON LTD LEGAL AND ADMINISTRATIVE INFORMATION
Mrs G Erlich Mr M Steren Mrs L Weiss
Trustees
Charity number Company number
1198424 13707293
Registered office
362 Craven Park Road London N16 6AG
Independent examiner
Mr J Silver FCCA 32 Castlewood Road London N16 6DW
Website
blossomlondon.org
Page Two
Chair’s Statement
Reflecting upon the past year, I feel indebted to the many dedicated project managers, volunteers and generous funders who have enabled us to make a powerful difference in so many young people's lives. Since the establishment of Blossoms London in 2022, we have witnessed significant expansion in the number of projects and user participation. This would not be possible without everyone's wholehearted input, thank you!
individuals who encounter challenges, regardless of their severity. This support helps them build confidence, acquire valuable skills, and foster resilience.
As a youth-based charity, we are devoted to prioritising these young people in our initiatives. By nurturing their roles as passionate advocates, we encourage them to actively shape and positively influence the world around them.
This year, we have been privileged to support 472 young people from socio-economically disadvantaged backgrounds through 6 impactful projects. These initiatives have empowered them to develop essential vocational skills, increase their confidence, and enhance their social abilities. As a result, our beneficiaries have not only improved their quality of life but also secured meaningful employment. Additionally, many have fostered stronger relationships and grown more emotionally resilient, paving the way for more fulfilling and successful lives.
Above all, I must share just how proud and inspired I am by our beneficiaries. Your dedication and hard work truly resonate with me. It’s clear that the effort you’ve put in has led to remarkable achievements, and I deeply admire that. You’ve shown us all that with the right attitude and consistent effort, it’s possible to not only change your own life but also positively impact those around you. Thank you for your courage and for making the world a better place. Your journey is an inspiration to us all.
Gitel Erlich - Trustee
Providing early support is essential in empowering
Page Three
Our Mission
We offer skill-based programs that provide practical learning and education, preparing young people for sustainable employment. Our tailored support focuses on building confidence, enhancing communication skills, and fostering emotional resilience. Alongside these programs, we organise recreational and sports activities that promote physical health and offer constructive outlets for stress management. Blossoms is more than an initiative; it's a movement aimed at uplifting and advocating for youth of all ages. Our projects are designed to provide a substantial difference, and our membership evolves constantly, welcoming new ideas and perspectives that enrich our community. Together, we are committed to making a meaningful impact and paving the way for a brighter future for all.
Our initiative was born from the pressing need to address the significant challenges faced by disadvantaged young people, particularly in the aftermath of Covid-19. At Blossoms London Ltd, our mission goes beyond basic support; we strive to create enriching experiences for disadvantaged youth who face discrimination, poverty, social difficulties and lack of educational support.
We empower disadvantaged youth with transformative experiences and skills to build confidence and resilience, helping them thrive and reach their full potential.
Furthermore the challenges posed by the rising cost of living, prevents them from leaving the cycle of deprivation harder without external intervention. We recognise that many children and young
people are confronting even greater obstacles and fewer opportunities.
Therefore our approach is rooted in empowerment, enabling participants to thrive rather than just get by.
Page Four
This Year’s Projects
Summer United
The Teens’ Lounge
"Summer United" welcomed 50 underprivileged youth aged 4- 14 into a safe and nurturing environment during the summer break. Running Monday through Friday from 11 am to 3 pm, we provided nutritious hot dinners alongside a variety of engaging activities. From health workshops and arts and crafts to lively music sessions and outdoor play, we fostered fun and learning. With the guidance of a nutritionist, the children learned about healthy eating, making this summer an unforgettable and enriching experience.
The Teens Lounge was crafted as a support haven for 150 young individuals grappling with anti-social behaviour. In this safe space, they built healthy relationships and received targeted emotional support while engaging in physical activities that relieved stress. Participants developed essential skills for future employment, leaving the program with renewed confidence and a newfound ability to contribute positively to society. This initiative encouraged individual growth and fostered a vibrant community where each participant felt valued and capable of thriving.
Page Five
This Year’s Projects
Let their Confidence Bloom
Summer Blossoms
Our project, “Let Their Confidence Bloom,” was a remarkable success, empowering 100 children to unleash their creativity through art, music, and drama. This enriching experience allowed them to build self-confidence and uncover their unique talents, setting the stage for personal growth and enhancing their future opportunities.
Summer Blossoms, our free, two-week summer camp that welcomed 150 young people aged 14-20 facing challenges like poverty, disadvantage, or disability. We enlisted 50 young adults from the local community, aged 21-25, to help facilitate the camp, ensuring everything ran smoothly and creating an atmosphere of camaraderie. This event not only provided valuable experiences for the campers but also strengthened community bonds among everyone involved.
Page Six
Trustees Report
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 28 FEBRUARY 2025
The trustees present their annual report and financial statements for the year ended 28 February 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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
The charity's objects are to act as a resource for disabled and or socially and economically disadvantaged children and young people in London, to: a) advance in life and help young people by developing their educational skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
b) provide recreational and leisure time activities in the interests of social welfare with a view to improving their conditions of life. There has been no change in these during the year.
The charity carries out its objectives by providing grants, programmes, services and support designed to assist the above-mentioned individuals.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Due regard is also given to the delivery of the Child Protection Policies within the direct work undertaken by the charity and within the organisations in receipt of grants. Achievements and performance:
Page Seven
Financial Review
In the period under review, the charity generated income of £190,046 and incurred expenses of £155,509, resulting in net incoming resources of £34,537.
The trustees are satisfied with the results of the charity.
The charity’s reserves currently stand at £65,187, including £19,157 of restricted funds.
The charity’s reserves policy is to maintain reserves comprising three months of operational cost in unrestricted funds. Trustees believe maintenance of reserves at this level will ensure continuous operation in the face of unanticipated developments or fluctuations in funding.
Structure, governance and management
The charity is controlled by its governing document, its articles of association, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006. It was incorporated on 27 October 2021 as a company and registered as a charity on 29 March 2022.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements, were:
Mrs G Erlich Mr M Steren Mrs L Weiss
It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment, induction and training procedures.
The trustees administer the day-to-day running of the charity.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The trustees' report was approved by the Board of Trustees.
. ............................. .............................. Mr M Steren Mrs L Weiss Trustee Trustee
Date: 14/08/2025
Page Eight
Independent Examiner Report
I report to the trustees on my examination of the financial statements of Blossoms London Ltd (the charity) for the year ended 28 February 2025.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
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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 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act, 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; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Mr J Silver FCCA Precision Ltd 32 Castlewood Road London N16 6DW
Dated: 14/08/2025.
Page Nine
|sTATEMENT OF FINANCIAL ACTIVME Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Income from: Donations and aci8s 147.818 42.228 19).046 47.9)2 74,402 Ex rhdilure on: Raising funds 11 11.260 4.927 4.927 Ch•itable a¢lM I(.178 38.071 144.249 40.916 31.325 72,241 Total expenditure 117,438 38.071 155.509 45.843 31,325 77,168 Net incomellexpenditure) for the yearf Net movement in funds 4.157 34.537 14,8251 12,7661 Fund Wartts at 1 Marth 2024 15.6YJ 15.IKX> 13.591 19.825 33.416 Fund balances at 28 February 2025 46.OX) 19.157 65.187 15.650 Is,) 30.650 Tl sts1nI olfinaKial .¥Ie$ I18$ all gans and rwniJ in thè year. The slalerYnt ol ffinanoal a¢tivibes also wilh Iho reqwwls •) Ion* 8xr¢ndts& a¢¢Tht urnler Ihe CompaniosAd 2(X)6. PaglL TLI)
Balance Sheet
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 28 February 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 08/04/2025 .............................. .............................. Mr M Steren Mrs L Weiss Trustee Trustee
Page Eleven
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
Charity information
Blossoms London Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 362 Craven Park Road, London, N16 6AG.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Page Twelve
NOTES TO THE FINANCIAL STATEMENTS
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party; 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs, which contribute to more than one activity and support costs which are not attributable to a single activity, are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price, including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Page Thirteen
NOTES TO THE FINANCIAL STATEMENTS
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.8 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Page Fourteen
INOTES TO THE FINANCIAL STATEME fund5 Charitabl Eynditure 2024 StagIr fundra4[¥ evonls otherfurn51r (x%ts 11.(lYJ 11.C( 7240 Fra$Vj3nd plty 4.W27 4.927 20n40 ¢h•rilabl• a¢ti¥it 2024 Chaitat4e eh3ritle 7,465 117.&)1 2.1fy) 3.ffj7 2,1) 3,6$7 1.440 386 Grantfuriry olxiMbOI{s••rwX• 61 5.7S7 1.796 9.261 Share ofwFWrt CL* IseB n Share Ofgownan (see nrte n 5.757 144.249 72.241 Analy515 by fund unreSttedfUr Rastrtl fyJnd$ 11.178 38.071 0.916 31.325 20Z5 Numbor 20Z4 Numbfyr 144.249 T2.241 PaglL FiliLLII
INOTES TO THE FINANCIAL STATEME 10 Tdxawi 11 Debtors Amtyjrts falNrg du• y•4r.' 12 Cf•dltors'. am¢unts fallng J• ltran or y•ar 13 Ansis of rt assets betsveenfurh Unrestricted Restricted funds fund5 2025 2025 funds 2024 2025 2024 2024 Fund baFances al 28 Febwary 2025 are repSentl by. OJent as88ts1lliablAio51 19.157 85.187 15. 46,030 19.157 65.187 15,69J 15.CQO 30.650 14 Related party transactk)llS sel¢e5 for the value of£7.2(K) were provthd by a enttyre1)t to cth c41he truses. er than ihe above there were ro related party the ar. PagSL %ixiLLII
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TO THIS YEAR’S GENEROUS SUPPORTERS TO THIS YEAR S GENEROUS SUPPORTERS
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Thank you Thank you
Page Seventeen