Charlty reglstratlon number 1201781 POLLINATING LONDON TOGETHER ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024
POLLINATING LONDON TOGETHER LEGAL AND ADMINISTRATIVE INFORMATION Trustoès Mr J Burton Ichaimianl Mrs H Barrett-mold (v Chair Mr R Casey Mr S Smith Mr D Bickmore Mr A Blaxland Mr S Emmins Mr D Salès (Appointed 31 January 20231 IAppointed 31 January 20231 (Appointed 2 May 20231 IAppoinled 31 Janu8ry 20231 (Appointed 31 January 20231 (Appointed 31 January 20231 (Appointed 2 May 20231 (Appointed 30 November 20231 (Appointed 14 November 20231 Mrsv 8 Charlty numb•r 1201781 PrlncSpal address 2 Chawley Pa Cumnor Hill Oxford OX2 9GG Independent •xamlner DSA Prospect Limited First Floor 1 Des Roches Square Vwan Way ney OX28 4BE
POLLINATING LONDON TOGETHER CONTENTS Page Tnjstees. feport Statement of trustees, responsibilities Independent examiners report Statement ol financjal activitie B8lan¢e sheet Notes lo the fin¥n¢ial stslem¥nl$ 7-13
POLLINATING LONDON TOGETHER TRUSTEES, REPORT FOR THE PERIOD ENDED 31 MARCH 2024 The trustees present their annual report and finanaal statements for the period ended 31 March 2024. The financial statements have been prepared in accordanc£ with the accountsng poliaes set out in note 1 to the financial statements and compty wth the chariVs goveming poliaes. the Charities Act 2011 and 'Accounting and Reporting by Charities.. Staternent of Recommended PraGtice applicable to charities pieparing theii accounts in accordance with the Finan81 Reporting Standard appltsble in the UK and Republic of Iieland IFRS 1021" leffective 1 January 20191. Oblectlves and actlvltles The trustees have paid due re98rd lo guidance issueil by the Charty Commission in deciding wh818¢b'vth'es the ¢harity should undertake. Aehl•vom•nts and perforn)ane• Flnan¢lal revlew It is the policy of the chanty that unrestricled funds which have nol been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditu. The trustees consider that reserves al this level will ensure that. in the event ol a signrficant drop in funding. they will be able to conty'nue the charity's current activities while consideratson is given lo ways in which addrtion81 fund5 may be raised. 11 should be noted howevér that as thls is our first year as a Chanty, we hav& not a¢hl¢ved the de$ir¢d lev&1 of r&setvè$ and It Uld take some lime to do so. Structure, gov•rnance and managem•nt The trust 1$ 8 charitable incorporated or9anisalitin ICIOI ino)rporal&d on 31 January 2023. 11 1$ govemed by the constitution ol a Charrtable Incorporaled Organis8tson who$& onty voting member$ are its charity trustees 11. Foundation Model Conststutionl. The trustees who Served during Ihe period and up lo the date of signalure of the finanrAal statements were.. Mr J 8urton (Chairman) (Appointed 31 January 20231 Mrs H Barrett-mold (Vice Chairl (Appointed 31 January 20231 Mr R Casey (Appointed 2 May 20231 Mr S Srnith (Appointed 31 January 20231 Mr D Bickmore (Appointed 31 January 20231 MrA Bl8xland IAppoinle(J 31 January 20231 Mr S Ernmins (Appointed 2 May 20231 Mr D Sales (Appointed 30 November 20231 Mrs V Bond (Appointed 14 November 20231 Rèeruitm•nt and appolntm•nt ol tru8t•è• Trustees, are recruiled based on the skills. knovAedge and experiencE thal the Board requi$ to ensure that the charity is well govemed. If Ihe CIO is wound up. Ihe members of the CIO have no liabilty to ntribUte to its assets and no personal responsibility for settling its debts and liabilrties. Organisational Structure Pollinating London Together has been set up as a tharitable inc4Jrporated organisation. It is managed by the Irustee5' ofthe charity.
POLLINATING LONDON TOGETHER TRUSTEES, REPORT ICONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 The tiuste8s' report was approved by the Board of Trustees. '1:1ai.22: ?UI.I 05..33 GMT+ll Mr J Burton (Chairman) Date.. 2210512024
POLLINATING LONDON TOGETHER STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE PERIOD ENDED 31 MARCH 2024 The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounling Slandards Iunited Kingdom Generalty Accepted Accounting Praclicel. The law 8pplic8ble to charities in England and Wdles requires the trustees to piep8ie financi81 stslements for e8ch financial year which give a true and faiT View ol th8 state of affairs of the charty and of thè in¢oming resourcès and application of sOurceS of the charrty for that period. In preparing these financial statements. the truslees are required lo.. select SUlt8ble accounting policies and then appty them consistently.. - obs8ni¥ th& methods and prin¢ipl¥$ in th¢ Charities SORP., - rnake judgements and estsmates that a reasonable and pwdent.. state whether applicable accounting standards have been followe(l. subj'ecl lo 8ny material departures disclosed and explained in the financial st8lements'. and prepare the flnancSal stat•m8nts on the 90ing ¢on¢8m bas1$ unl8$$ 11 1$ Inapproprfgle lo presumè that the ¢harfty wlll continue in operation. The trustees are responsible for keeping sufficient arunting records that disdose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial s¢alement5 cornpty with the Charities Aet 2011. the Charity IA¢¢ounts and Reporlsl Regulations 2008 and the provisions of the trust deed. They are 81$0 responsible for $alÈguardin9 the assets ol lh& ¢harity and h&n¢& for tsking reasonable steps for the prevention and d8t6ctJon ol fraud and other irregulanties.
POLLINATING LONDON TOGETHER INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF POLLINATING LONDON TOGETHER I report to the trustees on my examination of the financial statements of Pollinating London Together (the chartyl for the period ended 31 March 2024. Responsibilities and basis of report As the trustees of the chanty you are responsible for the preparats)n of the finanual ststements in accordan the requirements of the Charities Act 2011 Ithe 2011 Acti. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions gNen by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlnels statement Your attention is drawn to the fact thal the charity ha8 prepared finanryal ststements in accordance wrth Accounting and Reporting by Charities preparing their accounts in accordance wilh the Finanryal Reporting Standard applirable in th8 UK and Republi¢ of Ireland IFRS 1021 in prelertrn¢tr lo the A¢counb"ng and Reportsng by Charrtie$'. Slalemtrnl ol Recommended Practice Issued on 1 Apnl 2¢)05 which is ler to in the extant regulats.ons but has now been withdrawn. l understand that this has been done in order for financial slalements to provide a true 8nd fair view in accordance with Generalty Accepted Accounting Practice effeclive for reporting periods beginning on or after 1 January 2015. I h8ve completed my examination. l ¢onfim that no Matte have ¢om& lo my attention in ¢onne¢tion with th& •x8minalion giving me cause to believe thal in any material respèd. accounting records were nol kept in respect of the chanty as required by section 130 of the 2011 Act., or the financial statements do not accord wrth those records." or the finanri81 slaternenls do not compty vthh the applicable requirements conceming the form and content of 4¢¢ounts set out in th$ Charitiès IAccounl$ and Report$l Re9ulalions 2008 othèr than any requirèm8nt that th& Accounts give a true and fair view which is not a matter considefed as part ol an independent examination. I have no cDncEms and have come across no other matters in connectKJn wilh the examination to which attention should be drawn in this report in order to enable a proper underslanding of the financial statements to be reached. Pros 6t Limtt 2. 21124 06..16GMT*ll DSA Pro¥pecl Llrnitsd First Floor 1 Oes Roches Square Witan Way Witnèy OX28 48E Dated.. 2210512024
POLLINATING LONDON TOGETHER STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2024 Unrestrlcted fundi 2024 Restrlcted funds 2024 Total 2024 Nots$ Income and endowments from: Donations and legacies Other income 87.177 563 117.500 204,677 563 Total Incorn? 87.740 117.500 205.240 Expendlturg on.. Raising funds Charitable 8¢tivilie$ 20.980 48.594 20,980 161,892 113.298 Total •xp•ndlturn 69,574 113,298 182,872 N•t Ineom• and mov•m•nt In funds 18,166 4,202 22,368 ReconclllatSon ol funds: Fund ba19n$ at 31 January 2023 Fund balanc•g at 31 March 2024 18,166 4,202 22,368 Thè statement of finandal actNities indud8s all gains and lossès fOCOgnlsèd In the perlod. All Incomè and expenditure ¢Jerive from continuing acbvths.
POLLINATING LONDON TOGETHER BALANCE SHEET AS AT31 MARCH 2024 2024 Note# Currènt assèts Debtors Cash at bank and in hand 11 935 62,420 63,355 Creditors.. amounts falling due wthin one year 12 40.987 Net current assets 22,368 The fund8 of the charlty Rèstricted income funds Unrestricted funds 14 4,202 18.166 22,368 The fin8ncial statements were approved by the trustees on .. 2210512024 1l}rl 05.33 GMT+ll Mr J 8urton Ichalrmanl Trustee
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024 Aecountlng pollel•s Charfty Snforniatlon Pollinating London Together has been set up as a tharitable company limited by guarantee. It is managed by the board of directors which lomis Ihe body of chanty trustees.. 1.1 Reporting period The chanties year end was aligned to match lh& fiscal year. Th¢ ¢xIrnt year 1$ Iherefore a long period from 31 January 2023 to 31 Mard) 2024. 1.2 Accountlng conventlon The financial statements have bèèn prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Finanaal Repo"n9 Standard applicable in the UK and Republic of Ireland I'FRS 102.1 and the Charities SORP "Accounting and Reporting by Charrties.. Statement ol Recomrnended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. leffective 1 January 20191. The charty is a Public Benefit Entity 85 defined by FRS 102. The charity has taken advantagè of the provi$ion$ Ihe SORP for ¢haritiè$ not lo pr•par¥ a Statemènt of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair YW. This departure has involved following the Statement of Recommended Practice lor charibes apptying FRS 102 ralher Ihan the version of the Statement of Recommended Pra1¢* whi¢h is releeI to in Ihe Regul81ions but whi¢h has sin¢& been withdr8wn. The fln8nci81 statements arè prèpared in $teding, whi¢l) is the fun¢b'onal CUncy of the charity. Mon&tsry amounts in these financial statements are rounded lo the nearest £. The financAal statements have been prepad under the historical cost convention. The principal accounting policies adopted a set out below. 1.3 Golng ¢on¢em At the time of approving the financial slalements. the trustees have a reasonable expectation that the charity has adequate resources to continue in operaiional existence for the loreseeable future. Thus the trustees continue ¢0 adopt the going concem basis of accounling in preparing the finanrial staternents. 1.4 Charttable funds Unrestricted funds arè available use at the discrètion of thè Iwsteès in furthèr8nc8 of th8ir charitable objectives. Reslricled funds are subject lo specffic condrtK)ns by donors or grantors 85 lo h¢)w they rnay be used. The purposes and uses of the restricted funds are set out in the notes tts the finanaal statements. Endowment funds 8re subject lo specific conditions by donors that the c8Pit81 must be maintained by the h3rity. 1.S Income Income is recognised when the chanty is legalty entrtled to it after any perfomance condrtions have been met, the amounts can be measured reliabty, and it is probable thal income will be received. Cash donations a recognised on receipt. Other donats.ons are recognised once the charty has been notsfied of the donation, unless perforniance condrfj.ons require deferral ol the amount. Income tax recoverable in relation to donations receNed under or deeds of covenant is recognised at the tirne of the donation.
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 Accounting policies (Continuedl Legacies are recogniseil on receipt or othemse rf the tharity 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. 1.6 Expendlturè Expenditure is recognised once there is a legal or o)nstwctive obligation to Iransfer economic benefit to a third paty. it is probable that a transfer of eo)nomic beneffts will be required in Settlement. and the arnounl of the obligation can be measured reliabty. Expenditure is dassrfied by actNty. The costs of each activty a made up of the total of d1ct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directy to that activity. Shared cosls which contribute to more than one activity and support costs which are not attributsble to a single aclivity are 8pportioned befv4een those 8ctivitie5 on a basis ¢onsislent with the use of resources. Cenlral staff costs are 8110¢8ted On the basis of limtr spent, and deprèciation Charges are 8llo¢al&iJ on the portion of the a$sel'$ y$&. 1.7 Cash and cash equlvalents Cash and cash equivalents Include cash in hand, deposiis hebj at call with banks. other short-term liquid investments wlh original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown wrthin borrowings in curTent liabilrties. 1.8 Fln¥ncl¥l Instruments The charity has elected to appty the provisions of Section 11 'Basic FinancAal Instruments, and Section 12 'Other Financial Instrumenls Issues, of FRS 102 to all of its financsal instrsjments. Financial instrurnenls 8re recognised in the ¢h81ity'S b818n¢ sheet when th& d)aity beMe5 party lo the ¢onlraclual provisions of the inslrumenl. Financial assets and liabilities a offset, 1h the net amounts psented in the financial statements, when there is a legalty enforceable right lo set off the recognised amounts and the is an intention to settle on a net basis or to realise Ihe asset and selue Ihe liabilty simuhaneousty. Basic finanaal assets, which indude debtors and cash and bank balances, are initially measured at transaction price induding Iransaction costs and are subsequentty carried al am0'sed cost using the effective interest melhod unless the arrnngemenl constilules a financing transaction. where the transaction is measured al the present value of Ihe Ivre receipts d15unIed at a market rale of inleresl. Financial assets classifièd 8$ r1Vabl& within onè yèai arè not amortisèd. Basle financlal liabilltiès Basic finanrial liabilitie5. induding credrtors and bank loans are inrtially recogni5ed at transaction price unless the arrangement constrtutes a finanring transaction. where the debt instsument is measured at the present value ol the future payments discounted at a market rate of interest. Finanaal liabilities classified as pay8ble wrthin one year are not amortised. Debt instruments are subsequentty carried at amortised cosl. using the effective Inte$t rate melhod. Trade creditors are obligations to pay ftTrr goods or services th have been acquired in the ordinary course of operations from suppliers. Amtsunts payable ale dassthed as curtent liabiltbes if payment is due wthin one year or less. If not, they are presente¢J as non-current liabilrties. Trade credrtors are e0gnised Inthally at transaction price and subsequently measured at aM0se cost using the effectNe interest method.
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 Accounting policies (Continuedl Dèr•eognltlon of finanelal liabiliti•s Financial liabilities are derecognised vthen the charty's contractual obligations expire or are discharged or cancelled. 1.9 Employ0• bènèfits The cost of any unused holiday entNlement is TeLwnised in the peiiod in vthich the employee's SeeS are received. T6rmination bènefits are recognised immediatety as an expense vthèn the charity Is dèmonstrably commKtèd to temiinat• th• employmènt of an èmployee or to prov* temiinats.on benefrts. 1.10 Retlrement benefits Payments to defined ¢ontribution rolir¥ment ben¢fil s¢hem$s are chargea as on expense as they fall du¥. Crltleal accounn9 •8tlmat•• and ludg•mènts In the application of the charity's accounbng policies. the trustees are required to make judgements, estimates and assumptions about the carying arnount of assets and liabilrties that are not readily apparent from other sources. The estlrn8tes and associated assumptions are based on historical experience and other factors that are considered lo be relevant. A¢lu81 osums may drfer from Ihtrse eslimales. The estimates and undertying assumptions afe reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects On that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from don¥llonJ ¥nd legacle¥ Unmtrlet•d fund8 2024 Ré8trlet•d funds 2024 Donations and grtt$ Grants 69.338 17.839 117,500 87.177 117.500 Grants The charity received £117,500 during the year from Crty of London, Community Infrastructu Levy Neighbourhood Fund. This was the balance of a two year grant totalling £230,000 and a restricted funds. At the period end, the balance was £4,202.
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 Oth•r Ineomè Unrestrlcted funds 2024 Other incA)me 563 Expendltur• on ralslng funds Unre8trlcted fund8 2024 Fundralslng and publlclty Seeking donations, grants and legacies Advertising 18,891 2,089 20,980 10-
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 Exp•ndltur• on charltsbl• aetlvltl•s Charftable expenditure 2024 DSrect Costs Stsff costs Outreach work Purchases Room hire Travelling Printing, postage and stsbonary Computer costs RefrÉ$hments Bank charges Staff training Intern 89,610 7.814 3,114 3.017 3,535 9,045 1,500 275 1,133 12,153 131,860 Shar• of 8UPPOrt and gov•mane• eo8t•188• not• n Governance 30.032 161,892 Anoly$l$ by fund Unrestricted funds R8strlct•d funds 48,594 113,298 161,892 Support ¢o$t¥ o11o¢at*d IO •¢llvlti 2024 Gov•mane• eosts eomprl8•: Accountan Bookkeeping Legal and professional ConsuKancy 2,778 4,245 14.369 8,640 30,032 Trust••s None of the trustees lor any persons connected wrth them) receNed any remuneralion or benefits from the charity during the period.
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 Employ••s The average monthty number of employees during the period was. 2024 Number Employment cost¥ 2024 Wages and salaries Soaal secunty costs Other pension costs 81.225 3,699 4.686 89,610 There were no employees whose annual reffluneratn was more than £80.IXIO. 10 Tax•tlon The charity 1$ exempl from tsxalion on its 8¢tivities be¢aus¢ all its 1$ applied for ¢haril8bl¥ purpos0$. 11 O•btor• 2024 Amounts falllng due wbthln on• year: other debtors Prepayments and accrued income 500 435 935 12 Cr•ditor8'. amounts falllng du• wothon on• yèar 2024 Other taxation and social security Trade creditors Other credrtors Accruals and deferred income 2.347 1,774 558 36,308 40,987 12_
POLLINATING LONDON TOGETHER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2024 13 R•tlr•m•nt n&fit seh•m•s 2024 Defined contrlbutlon scheme8 Charge to profit or loss in respect of defined contribution schemes 4.686 14 Restricted funds The restricted funds of the charity comprise the vnexpended balances of don8tions and grants held on trust subject 10 specific conditions by donors as lo how they may be used. At31 January 2023 Ineomlng r•source8 R•sourc•s At 31 March •xpend•d 2024 117.500 1113,2981 4,202 15 Unrejtrlcted fund Tho unrestricted fvnds ol the Charity ¢ompri$& the unexnded balances of Oonallon$ and grant$ whl¢h are not subject lo specific conditions by donors and grantors as to how they may be used. These Include designated funds which have been set a*de out ol unrestricled hjnds by Ihe tnjslees for specific purposes. At 31 January 2023 Incomlng re8ource$ Re8ource8 At 31 March expended 2024 General funds 87.740 169.5741 18,166 16 Analy81• of net a88et8 between fund• Unr•8triet•d fund$ 2024 R•8trict•d funds 2024 Total 2024 At 31 March 2024.. urienl assetsllliabilitiesl 18.166 4.202 22,368 18.166 4,202 22,368 17 Related party transactlons There were no disdosable related party transaclions during the period (- nonel. 13-