Company ragistralK)n number.. 1290376S Charity registration number.. 1202443 Bali Chalk IA company limited by guaranleel Unaudited Annual Report and Financial Statements for the Year Ended 31 DeGernbcr 2023 ocm ocmolfr
Bali Chalk Contents IGontinuedl Rèlereft¢e and AdminI3trevo Oet8ils Trustees, Report 2104 InderÈndenl Examinerfs Report Stslemenl of Financial Acllvilies BalaneÈ Shèèt Notes lo the Financial Statements 81013
Ball Chalk Referencg and Administratlve Detplls Chalr Mr 8rian Peter Jennins Tru8tee$ Mr Martyn Charles Mogford Mr Brian Peter J&nnivs Mr Paul Er Cowell Mr Paul Davld Downer Mr Rlchard Chades Gardiner Mr Nicholas John Coslett Mr Richard John Kay Mr Stuart Phillips (Appointed 18th October 20231 Ms Saroh S¢¢ry IApptrinled 18th October 2023} Charlty Registratlon Numb•r 1202443 Company Reg18tratlon Number 12903765 The Gharity InGorwrat¢d in En9land and wa. R•gi8tered Qfflce Landscape House Sloneleigh Park Warwickshire CV8 2LG ACMvkLLP siafford House Blackbrook Park Avenue Taunton Somerset TA12PX Page 1
Bali Chalk Trustees. Report I he trustees, who are directors tor the purposes of company law, present the annual report together vAtt) the financial slalemenls of Ihe ¢h8fitable company for the year @nd&d 31 December 2023. Obl•cllvo$ and actlvltlgs Obl•¢t8 and aim8 To advance educallon for the publi benefit in landscaping and hortlculture and related subjects. including the supwrt of l¢clni¢al and vocational training and olher educatnal support needs that may arise to help okjtain efflploymeni In this fièld of WOfK Ihrougn the provision ot schoiarsiiips an grants. The Charty's aim 18 lo support educatlon and training in the landscape and horticulture busing seclor. Ohl*ctiva#. stratoglRs ¥nd acll¥ltl8S The ¢ompany was formed in September 2020 bul due to the Covid restrictrn$, there was no activity until earty 2022 when fund raising began. £60,851 irKome has been deriverl during the year from donation$ ond from the new BALI Chalk Champions initiative., businesses op•ralln9 In thg land8capo 8OCtor who Btipport tho ¢harity'$ airr$ by way of an annual financial subscription lo the charity. During 2023, the company issued granls of £3,775, College best sludènl pllzes totslling £2,000 and other expenditur8 incurr8d related lo company adminislralive costs. Publle b•n•fit The Iwslees confi'rm that they have CoMled vhth the requirements of sectloft 17 of the Charities Act 2011 to hgve due regard lo the putrAi¢ benefit guidanc& publish6d by tho Charity Commission for England and wa$. Gmnt mAkIng polIc¥ Applications are considered by the GTanl Commi11ge. comprisirng al least three Truste8s, by ref8ranc8 lo a Grant Making Policy. Bali Chk c8n only fund projects and aetivities that fall within the objects of the charity. Thè Truylees a partlcularty keen to eneourage practical hands on and supervisory Skill development to addiess the current skill shortages faced by th8 Landscape Sector. Thè BALI Chalk Grant Making Policy includes a list of Crileyio and Policies that the board ol trustees will follow in considering and recommendirng approval ol grants issued. FlrFan¢lal revlew During the year income received lolalled £61,12012022'. £36.2501. Exp&ndllurè totalled £8.75212022.' £1.5911, including £5.775 12022.. £500) of awards issued. At al 31 December 2023 free reserves ol the Charity stood at £87.02712022'. £34,659). Poll¢y on re¥erve8 Thèrè Arè no forn1 restrictions wthin the Artidos of Associatinn bijt Ihg AAI.I c.halk tniste•s Inlenlon is lo retain a minimum ceserves level of £50.000. Page 2
Bali Chalk Trusteos. Report {contlnued) Plan8 lor futuro perlods Aims and key oblectlv•s for futur• p•rlod• Tho BALI Chalk fund plane to continuÈ the work previousty undertak¢rn by The G¢offr¢y Chalk emorial Award Fund which has included:. - awarding travel scholarships lo young landscapers lo leam from their counterparts overseas awarding eash prizes lo Indivlduals at the UK Skills competStion - awarding best Sludenl prizes al landscape & horticultural colleges. fa111<11111y Ili¥ d¥vglupiTiewit uf iiidustry tréilling 3KIs. Bali Chalk will Continue lo support such activities but will be focused mainty on supporbng the initiative manao@d by the British Asso¢i¥tion of L¥Fsdscape lThdustrios 18ALII ¢allgd 'Go Landscape,. This 16 an eclucation, skn.lls and careers inilialive, d68igned lo inform alld inspire n8w recruits and combat iiTrduslry i$su¥s. iiiLludiiig o ¥¥veTe ?iki11s blioitage. Giants wlll help fun¢J the cost of provldlng relevaDI literature and publications and cost of trainlng 'lndustry ambassadors. who will volunteer Ihelr lime 1¢ visit schools as part of career programs and to inspire students lo conslder landscaping as an exciting career all8rnative. A sp111 yivj¥tsl will ¥¥labliutri ¥nd d¢vEIDP an effgclivg enllchment programm. by way of grants (o Landscap8 Colleges. designed lo ensure that graduatos enter the workforce with the necessary skills. krwledge and certihcation the industry requi$, making them highly employable, work ready indivlu81$. Structurei gov•rnance and managem•nt Naturo of govornSng do¢umont BALI Chalk was formed In September 2020 as a private limiled company by guarantee without shar8 capital and is therefore govorned by a Memorandtsm and Artides of Association. The Company 15 also regislerod charify, (number 12024431. The charity was formed to continue the work of The Geoffrey Chalk Memorial Award Fund which is a registered charity. 326554, formed in 1975 with a legacy figm the widow of Geoflrey Chalk, owner of Gavin Jones Ltd and founder member ol the Bribsh Association of Lalld$¢ape Industries IBALII. Trtislees arè farmèr offiee hoklers of the Britlsh Association of Landseap• Indugtri&g and cthers with detailed knowledge and exper¢ence of the sector who wish to assist students with a wide rarge of edu¢atlQn61 DE¢d3 and, partiGu148tly, to supporl l¢Iiiii1 ¥Lational tr4ining gther educatlonal support needs Ihal may arise. Recrultment and appolntrnent of trust•gS Trust••g of BALI Chalk will offor themEalvas for r8-ale¢tron ev¢ry thrèe year& Re*lection of exisb'ng irustees or the election of new trustees wlll be based on merit witr the aim ol maintsining a rnix of experienced Iarndsca and horticultural managers as w811 as individuals with experience in the landbasad industry Y¢allOal sector. Page 3
Ball Chalk Trustee8' Report (contlnued) 8lat•m•nt ol tw•1•. m¥pvn¥lbllll1 The Iru8teeg lytho are a180 th& diredors of Bali Chak for Ihe Pufposes of )MY 18wI 318 re5F4)nsitr4? for prparsng th• trustees. lert and th¥ anCIal stalemenls In accordance wth applcabje 18w Llnitad lfjnodom Aecoynling SlandartlB, indudin9 FRG 102 'Th• financkl ReFortsng Stsndjrd aw)ltsbl& in the UK and Republic ol Ireland" IUN"ted Kingjorn Gen•ralty A4ceFled A¢¢ountin9 PrGt}. Company law requim the Imstem lo prepar• fFnancial statements lor èach fift8nl year which giv a true and f¥ir v5vw of tho State Of affgir8 of the th•rflaUtr GoMpY arKI ol ihg irKune and axpendilure. of the char5tsU• cc•npany for that P8fiod. In preparfng Ihese finonclal ststements. the Irus189¥ are rewireij to.. stsilablg accounliThJ pdicies and appty thgm consistenty, è8eNe th& mélhods &nd printiples in th• chariti SOiIP.. makejudgem¥nl$ and e8bm8183 Ihai ar$ rna8onabl8 and orudent stale whethar wlicable UK Accounting Stsndards have beèn follTrHl. 8ubjecl to material •rtur•s di8cID5ed and exsS8ingd in the financhgl statements.. prepaig the financl81 ¥ttttem•nl# on the going ¢on¢em ba$18 1•8$ il 18 inappte to pre6umtr that fh• tharitabl8 MpanY ¥AII continue in buSess. The truslee8 are r•8ponsibl& kn maTritainiw pw K¢ountin9 records whith dixlose wlth [sOn& accur•ty 4t any tima tho finanew po8ili¢)n af lh• Gharitablo C4)nipany and enabJ8 them ure th81 Ihe lin¢11 slatom•nlB Comply with tho Comp8nles Acl 2006. They are 81so legponsfo for safeguardin9 the asse18 of th8 charttabl& ¢ompony •nd hence for taklng reasonabl? steps lor tho pr•veniion ar)d detection ol tl8ud olhèr ¥r8gularities. The tru51ee5 are SpOnSibl¥ f¢r the maintenance and integrtty of the CO8t? and Inandfjl lnlorm4tio inGbJd¥J the chartiaDJe compan gLwemlrv4 ihe pr8paf#tron &nd dis8emLnatlon of s w8bgAg. LegOslolM in th? Unrfed Kingdom other Iuri6diclions. inanaal $tatemonls may differ Ir¢Jm legi$L¥tI in Srnll Com1 provl•lon 8t•tem•nt Thi$ r•port hae bn prcpèr¢d in È¢ttsrdanr* wilh the ar¥wll Lurnpanw rvglrne under the Comwiès 12006. Tho annugl repjrt wa$ 8pproved by the tru$tees of tho charity on .1.0. ..... b• by. end on Ils eFr-Je"nnin8 Chair Pap4
Bali Chalk Ind¢pendent Examingrfs Report to the trustees of Bali Chalk {'the Company.) I repon to tne Charity trustees on my exarninalKJn ol the accounts Of the Company for the year ended 31 Dec8rnber 2023. which 8rè sèl ttuf rjn pAgpq 8 to 13. ResponslbllltlèB and bash of rgport As the charity's trustees of the Company land also its dirgctors for purposes of company lawl you are rosponsible for the prepaialion of the aoUnts in accordance with the requiremants of the Companies Aet I'the 20 A¢t'i. Having satisfied myself that the accounts of the Company ar8 not required to be audil@d ijnder Part 16 01 the 2006 Act and are eligiblg for Indendent examination, I rewrt in respect of my examinatio of yoiir eh8rity'$ accounts 88 carriad 0¢ undcr ¢¢lion 145 of the Chariti¢s A¢t 2011 I'llie 2011 AGt'I- In carrylng out my examination I have followed U)e Directbns gNen by the Charity Commission under section 14515llbl ol thè 2011 Act. Independent oxamln•r'$ Statement I have Completed my *xaminalioii, l Guilfil) that mallers have come to my allen¢Ksn ir) connection with the examinatlon giving me caus8 to believe.. 1. accountlng records We not kept in respect of Bah Chalk as required by section 386 of the 20C¢ Act.. or 2. tho a¢UnIS do I1 8ccord with those accounting records.. or 3. thè accoun18 do not comply with the accounting requirements of seclion 396 of the 2006 Act other than any requic&menl that th• 8ccounts givè a 'true and tsir vith¢ which is not a matter Considered as part of an indep8ndenl examination,. or 4. the accounts have not been prepared in ac¢ordan¢e wlh the methods and principles of the Statement of R&cornm8nd¢d Practicc for eccounting and reportin9 by ch81ilie¥ Idpplicable lo eharilie8 preparing their a¢GouTrts in acwidanre with the Financial Reporting SlanLlard applicable In tho UK and Republic of Ireland IFRS 10211. I hav8 no etsncern$ and have come @Cro no other matt¢f8 In GoniivLIiDll wilh the examinatton which attention slould be drawn In this report in ordèr to enable a proper understanding of the accounts to L)e reacne¢J. Sarah Twist FCA DChA A C Mole LLP Stsfford House Blackbrook Park Avenug Taunton Sornersel TA1 2PX 11 S8plemkT 2024 Page 5
Ball Chalk Statement of Financlal Activities for the Year Endod 31 December 2023 Iln¢luding Income and Expendituro Account) Unr•striet•d fund8 Total 2023 Note In¢om• Donations and legacies Investment income 60,851 269 60,851 269 Total incorne 61.120 61.120 ExpondlturÉ Charitable activities 8,752 Total eXp8ndIre N81 ineon 8,752 8,752 52.368 52.368 Nel movement in funds 52,368 52,368 Reconclllatlon of fynds Total (und5 brought loard Tol81 funds cariied forward 34,659 87.027 Unrestrlctwd funds 34,659 87,027 10 Totol 2022 Note Income Oornaiions ano legacies Total incorne 36.250 36.250 36,250 36,250 Exp•ndSture Charitable activities 1,591 1.591 Total expenditure Nel income 1,591 1,591 34,659 34,659 Net movement in funds 34,659 Roconcillatlon ol lunds Total funds carried ft)rward 10 34,659 34,659 The notes on pages 8 to 13 forrn an iniegral part of these financial slalemenls. Page 6
Bali Chalk {Registratlon numb¢r- 12903765) Balance Sheet 4 at 310ec8mber 2023 2023 2022 Not• Ca$b ai bank and In harKI 88,317 35.659 crlt01. Amourrts fallni du• wlthln on• yr {1.OCQ 87,027 34.860 Fufvd$ olth• charlty: Unr•6lrfeted Incorn• lund¥ Unwtricted fvAJs 87.027 Total fund• 10 34.659 For the financial syar endin9 31 December 2023 the charity w98 entilled 10 6xwnplb?n frcm 8j11 undei section 477 of tho Cempani•s Act 2006 rel#b"ng to small ¢wpanie8. Th• MOM h# ntst rgquirad tho charity to ol)larn audit ol tts •cnts for Ihe yeal ¢ in accordance 8edton 476: and Tho dirg¢tw ad(nowled9e their r•sponsibililv48 fore0mplfig wth th8 requ¥ements of th? Act wlth respèct to xctunting rec¢yd¥ and lh8 preparalSon of a¢¢ounts. ial ststemenls on pages 6 10 13 w8f8 appmèd by th• trust8•1. aNI thold for on 5J..¥8nd on Ihir behalf by. thnntr The notes on pBgea 8 to 13 form an inttyral part ofthgw fJn•nsi)l okatemts. Pag• 7
Ball Chalk Notes to tho FinanGial Statgments for the Yeor Ended 31 De¢ember 2023 1 Charity sta¢u The charity is limited by guar8nlee, incorpor¥led in Eng18nd Wales, and nSeqUellY doès nol have share capital. Each of the tntstees is k'able lo contribute an amount not exceeding £10 lowafds the assets ol the chartty In the event of 11qulatto. The addr¢ss ol its r¢gi$l¢ Qffico is.. Landscape House stoneleigh Park Warwickshire CV8 2LG 2 Accounllng pollcl•$ Summary ol slgnlllcant a¢countlng pollclos and key accountlng estlmatès The principal accounting policies 8pplied in the preparation of these financial ststenIS are sel out below. These policies have been coftsistenlly apled to all the years presented. vnless olhemise s181ed. Basls Df prèparatlon and stat•maMt ol compllaneè The financial statements have been prepared undér th8 histori¢al co$1 ¢onvenlion with items reGognised al cost or Iransodion value unless ststed olherwise within these notes. The financial stalgmtrnts have been prepared in a¢cordancè with A¢counling and Reporting by Charities.. Slalemenl of Recommended Practice lapplicable to ¢h8rilies preparing Ihair ae¢ounls in aecordanee with the Financial Rgportin9 Standard applicablg IA th¥ UK and Republi¢ of Ire13nd IFRS 10211 (issued in October 201gi Icharities SORP IFRS 10211, tho Financial Rcpartirbg Siandard applicable in the UK and Republic of Ireland IFRS 1021 and the Companie$ Act 2006. Bali Chalk meets the deflnilion ol a public benefrt entity under FRS 102. Accountlng perlod These accounts sh¢>w the results for the year 1 January 2023 to 31 December 2023. The compafalive figure5 Show the result5 for 15 Oth5 from 1 October 2021 to 310ec8rnber 2022. Golng concern The Iruslee5 consider that Ihwe are no material uncertainties about the chariws ability to continue as a going con¢em nor any significant areas ef uncertainty that affect the earrying value gf assets held by the charity. Incomg and Qndowrnonts All inruine is r¢Go9nis¢d the Gharity has Er¢itlemenl to IhE ir)Gorng, il Is probable that the will be received and th¢ amount of the income receivable can be measured rdiably. Page 8
Bali Chalk Notes to the Financlal Statsments for the Year Ended 310eGember 2023 {continued) 2 Accouniing POlicifr$ Icontlnu•dl Donatlons and legacl•8 Donats"ons are recognised when t charity has been notified in Writing of both the amount and setlleFrent dae. ln the event ihat a donalioii i¥ bubjeLt to conijiuons thar requlre a level Of performance by the charity before the charity is enlrtled to the lunds, the income Is deferred and not recoonised until either those corlI10S are lully mel. or the fulfilment nf thosp conditions Is whDIty within the control of the charity and il is probable th81 these conditions wll be iulfllled in the reporting period. Expendbiure All expenditure 1$ recognised once there Is 8 legal or con$truclive obligation lo that expenditure, il is probable settlenxqnt rp.qiJirY the amount can be measurgd rg1i4bly. All costs aré allocated to the applicable expendllure heading Ih818ggregAie similar costs lo Ihat c8legory. Whère costs cannot be directly attributed to particular headings they have been allo¢aled a basis consistent wilh the use of resources. Charitsblo actlvltles Charitable exponditure compris99 tho88 COGt$ in¢urfed by tho charity in the delivery ol it$ aGtivities and services for ils beneficiaries. It includes both costs Ihal can be allocalgd dire¢Uy to su¢h aclivitses and ihos¢ sts of an indirect nature necessary to support them. Governanee costs These includF* the costs attributablo to th• eharity's compllanc8 with constitutional and ¥tgtutory requiretnenls. includiw avdil. strategic managarnenl and Iruslees ma8lings and reirnbursgd expenses. Grant8 payabl• Grants payable are included as expenditure in the year in which they are 8pproved by the Iruslee8 and has been Communicated to th$ giant 1pent. Irro¢overabl• VAT INecoveratsle VAT Is charged ogainsl the category 8xpendliure fgr whith il was incurred. Taxollon The charity is a registered charity and is, therefore. exempl frgm liabifity lo taxation on ifs income and Capital gains, to the exleNt ihat inrJ)Iwie DI gain5 are applted excluslvely io cn8riiaL)le purposes. Cash and ¢a8h •quivalgnt¥ Cash and cash équivalents comprise cash on hand and call deposits, and other short-lerm highty liquid invesltllenls that are roadily convertibl8 lo a known amount of cash and are subject to an insignificant risk of change in value. Fund Structure Unreslricled income funds ale general funds that are available for use al the Iruslees dlscrelion in furtheraneo of the objediv•s of tho charity. Page 9
Ball Chalk Notes to the Financial Slatemonts lor tho Year Ended 31 Docember 2023 Icontinuedl 2 A¢cYJui)Uii9 pollil¥¥ (¢oiitlwiu¥dl Flnanclal In8truments crttlcal aGGounllng ludgemont5 and •silmatloTr un¢•rtalnty The preparation of Ihe financial 8lal$menls in conlornmty with FRS 102 fequires management lo make jiidoèmonts. éstimatés gnd assumptions that affect the application of policies and réportod amountg of assets and liabilities, income, and expen8es. Eslimales and judgements are continually evaluated and are based on historical experience and other factors, induding expectations 91 future events that aro bgli8vod lo b& r8asonable under tha eir¢umst8n¢ès. TIIE Gliaiily ITl8kEs e¥lirwTiIIE¥ 055UmPtion3 wnceming the future. The re5ultyng arxounting eslimaies will, by definitson, selclom equal the relaled actual results. The Truslees cpnsider that the are no critical accounting estimales aTEd judgements have a sKJnificanl rlsk of causing a material adjuslnpnl lo the carrying arnounts of assets and liabilities within the next financial year. Page 10
Bali Chalk Note8 to tho FlnanGSal Statsmonts for the Year Ended 31 DeGember 2023 {Gontinued) J Income frorn donatlon¥ and lggacles Unrestricled fund8 Total funds Donaiions 60,851 ti0,851 Tolal lor 20Z3 60,851 60,851 Dttrtation# 38.250 38.250 Total for 2022 36,250 36,250 4 Invoitmont incom¢ Unrestrlcl¢d funds Total funds Interest recelved 269 269 Total lor 2023 269 269 Inlerosl received Total foi 2022 5 Exp•ndlturo on charltablg actlvltl•s Unrnstricted fund$ Total fund¥ Grants paid Awards Website Bank ¢harge& Data protection fee Govemance costs 3.776 2.000 855 177 3$ 1,910 8,752 3,776 2,000 855 177 35 1,910 Totsl for 2023 Awards Bank charges Data proiectlon lee Govemancè costs soo 56 35 1.000 500 35 1,000 Tolal for 2022 14 1,591 1,591 Page11
Ball Chalk Notes to the Financlal Ststements for the Year Ended 31 De¢ember 20231Gontinu8d} 6 Tru5toes rBmunBtatlon vxpens No Iru$lees, n¢r any person8 connected with them. have receivèd any remuneration from the charity during the year.12022.' None) No Iruslee6 have ieceived any reimbursad 8xpenses from the charity during thtr year.12022', None) 7 Indep•nd•nt •xamln•Vs remuneratlon 2023 2022 Independent exanwThalion 1,730 1,000 1,730 1,000 Taxatlon The charity Is a registered charity and is. thèrèlorè, èxÈmpt from taxation on ivs income and gains. lo the extent that such income or gains are applied exclusively lo charitsble purposes. 9 CredStors: amounts falllng due wlthln yoar 2023 2022 Accruals 1.290 1,000 10 Funds 8Jlancg al 31 DEGember galanctr at 1 Janyary 2023 Incom• Expondlture 2023 Unr08trfct furnd8 General J4,155¥ 61,120 8,752 87,027 Balance at 31 Dec?rnber 2022 Balanco at 1 October 2021 Incom• Exp•nditurn Unrestrlct•d funds General 36,250 1.591 34,659 Page 12
Ball Chalk Not•s to the Flnanclal Statements for thg Year Ended 31 Decembor 2023 <¢ontinued) 11 Aiialy¥ls of not 45sets beThv¢•n funds Total funds at31 Oe¢ember 2023 Unr•strlcted funds Cufrertrt assets Current Itabililies 88,317 1,290 87,027 88.317 1,290 Total nel a55e15 87,027 Total funds at31 Decomber 2022 Unrestrlct•d lunds Current assets Current Iiabililies 35.659 1,000 35,659 1,000 10181 nel assets 34,659 34,659 12 R•lAted paty Iran8A¢tion8 There were no related party tran5aclions Ill the year.12022' Nonel Page 13