LIBERTY
Company Registration No- 10236602
Charity Registration No: 1205646
THE UBERTY K￿CHEN PROJECT
TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS
for the Year ended 30 June 2024

THE LIBER￿ K￿CHEN PROJECT
CONTENTS
Page
REFERENCE and ADMINISTRATIVE DETAILS OF THE CHARITY
TRUSTEES REPORT
STRATEGIC REPORT
DIRECTORS REPORT
INDEPENDENT EXAMINERS REPORT
11
STATEMENT OF FINANCIAL ACTiVIIT]ES
12
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS
14-18

THE LIBERTY KrrcHEN PROJECT
REFERENCE and ADMINISTRATIVE DETAILS OF THE CHARITY
TRUSTEES
l¢aren Bames
Chartes Falconer, Lord {Chairl
Ethvard Faulks, Lord
Catriona Fox
Julra Killick
Phil King
Hassan Ali (appointed 16 December 2024}
Jon Walls (ap￿inted 16 December 20241
COMPANY SECREtARY
Phil lfjng
CHIEF EXEcimvE
Janet Boston
REGISTERED OFFICE:
26 Cromwell Avenue
London
N6 5HL
BANKERS
Natwest Bank
26 HaMpste￿I H￿h Street
London
NW3 1QJ
INDEPENDENT EK4MINER
David Wls(lon
Green Accountancy
Wndnjsh House. ￿nd[USh Park Road
tney
OX29 7DX
COMPANY REGISTRATtON NO..
10236602 (England & Wales)
CHARifY REGISTRATION NO:
1205646 (England & Wales)

THE LIBERTY KITCHEN PROJECT
Trustees, Annual Reportfor the year ended 30 June 2024
The Trustees present their Annual Report and Financial Statements for The Liberty lQtchen Project for
the year ended 30 June 2024. The financial staterrEnts have been prepared in accordance with the
accounting policies set out in Note 1 to the ac￿Unts and wmpty wtth the chanty's Articles, the
Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard
applicable in the UK and Republic of Ireland published on 16 Juty 2014.
STRATEGIC REPORT
Objectives and activities for the publlc benefit
Tre Libety Kitchen Project was established in 2017 to promote swal inclus￿￿ for the public benefit
by providing support and assistance to prisoners. ex-prisoners and individuals who may be In prison
but have not yet t)een convicted and l or sentenced to help their rehabilitation. transition and
integration into scKiety during the period Pfior to and following their release from prison and lo seek to
reduce the risk of offending or re-offending las appltcablel following their release, in particular by
engaging in sijch activtties as considered fft in fijrther8n￿ of such objectives including Iwithout
limitatson) through".
lal provision of sknlls training. education and capacity building to maximise opportunities to
se¢ure employment for the benefit of the (x)mmunity by assisting reIntegrat￿n into society,.
Ibl collaboration and co-operation with the prison seNi(* or assctiated entities and
organisab.ons as considered fit so that the relevant individuals are better able to pa￿e1pate
more fulty in soctety following release trom prison". and
Icl SUPFM)rt for PTisoners on release to help them d*pen lffe and employment skills through
lob oppothjnibes (aiding reintegration).
Achievements and Perfomiance
°Liberty Kitchen couldn.t hav8 done anymore forme. I'm 99.9% SU￿ I would hav8 gone back inside. It's
changed my stream ofthinking. I wanl to give back to society now.
Context The prison system facing an unparalleled crisis. The prison population has increased by 800
over the last 30 years and an overstretched, under-fesourceil prison estate is struggling to cope.
Prisoners are regularly kept in their ￿lIS for 23 hours and the opportunrbes for Purposeful Activity and
educabon are severely limited. Once ￿leaSed from prison, stress on serVi￿S like probation mean there
is limited sUPPOrt. Access to jobs is often restricted due tr) limited education and employment experience,
prejudice, and chaotic lsves. In this context. 38% of people are recoftvicted of another offence within one
year of release. The average annual ￿)st of a prison place is £46,696. Desprte, or because of, the
severity of the situats"on, there rernains opportunity for an innovative through-the-gate programrne like
Liberty Kitchen to deliver real impact.
Studies have shown that Pfisoner5 who participate in educational programmes are less likely to reoffend.
Further, employment has beers Klentified as a key driver in reducing reoffending, wtth addilional research
identifying the importance of equipping prisoners with vocational sknlls, self-discipline and self-esteem
as other factors in reducing reoffending. Libety Krtchen's o)mbined leaming pro9ramme with its hands-
on catering experien￿, qualffications and busines5 Tnenloring together with team work, time
management and basic Ittefacy skills directy contribute to these outcomes. Together. these help build
confidence and germinate the idea that there are altemabve, legits.mate waysto eam an income so prison
'This quote131oTrg with those wtthin the body of the report) is drdwn from a review of impart carried out in
late 2023. It is part of a long term 'M&E' inibative designed to capture the experiences of those who have
participated in the Liberty Kltthen Programme as well as from others involved in delavery, the criminal justice
system and crucially reduong r*offending.

THE UBERTY KITCHEN PROJECT
Trustees, Annual Report for the year ended 30 June 2024
leavers are better equipFed to adapt to lrfe oUts￿e prison. The provision of employment upon release
on street focxl markets and at events provides a 'slepping stone. to prison-leavers giving them vital
income. stability and peer support to help them readjust to life out￿de and give them time to a(klress
their family, housing. and longer term employment needs.
sin￿ it was established, Libety Krtchen has delivered its 4-day per week programme to 130 men in
HMP Penttsnville enabling them to build employrnent, entetprise antl life skills bul beyond that to increase
their Gonfidence and posittvely impact their mentsl we]Ibeing. ApPr0￿MatelY a third of its participants
have gone on to work wrth Libety Kttchen for varying lengths of b.me upon release.
Key achievements include:
Training and providing catering experbse. errterprise qualtfications, lifè and personal s￿lIS lo
over 130 men Sin￿ 2017, WFth a focus on peer-to%)w leaming,
Developing a training eduoxtion programme where 1 OOVO of the parttcipants interviewed would
recommend it to other pri￿ne[s, crb.ng inueased confidence, improved self-esteem. improved
communication skills and ability to work in a team as key areas of achievement.
creab.ng a curriculum for the Libety lfjtchen training course wrth a 32-page programme leader
guide and partscipants. manual to track each indNiduafs leaming IOUTney and ￿arnIng goals.
This will provide the basis for scaling and ltransfer.
Employing 44 prison leavers since 2020 on market Stalls and at catering events. The provision
of a part-bme job provides a crucsal 'stepping stone." giving income. stability and a supportive
environmentwhile allowing time to address housing, famity and longer-term employrnent needs.
Of the ex-prisoners who a￿ still in contact with Libety Kitchen over 80% have stayed out of
prison. or stayed out for longer.
Successful delivery of a trial with from the Neurc#Yiverse Unit and with others including
Young Gang Mernbers within the EMploYff￿nt Hub at Pentonville., and in the kn"tchen at HMP
Wormwood Scrubs
Introducing Cooking with Farni￿ Days with Literty Kttchen parb"cipants c￿ating meals with their
family visrtors,. an Innovation rwnEed as a genuinely postbve inteivention by Governors,
custodial staff, prisoners and their families.
Surviving, pivoting and adaptsng during the palldem￿ during which il delivered 1000s of
mealboxes to medics at the Royal Free and one of the very few fa￿￿face activities to work
dut£ng prison lockdowns
None of these achievements would have been po&￿b￿ without the creatiors of a mults'-disciplinary
delivery team which, sinGe the organrzation w2$ founded has drawn upon the talents of top chefs, and
others with relevant catering. Itfe and business mentoring expenence.
Monitoring and Evaluation",
From ils inception Libety Kitchen has monrtored rts impact with all involved from prison staff to agencies
working in the same Spa￿ as well crucially as its parbcipants Iprisoners and prtson-leaversl. In late 2023
the independent consultant who worked wilh Libety Kitchen to develop rt5 training materials undertook
a series of structured interviews wth a range of these stakeholdet5. ￿at folh)ws are selected quotes
from the prisonlprison leaver part"apants in restx)nse to various questions."
Q. What was the rnost invaluable
art ofthe Libe
Kjtchen P
ramme?
Itprovided regime. strurture. oreoson to getup. Andreduong boredom. it's like oproper da￿S
work. It wos like a job to me.

THE LIBERTY KITCHEN PROJECT
Trustees, Annual Report for the year ended 30 June 2024
Thot this could be something that I could do outside. It helped me to express creotivity ond
feel norfflcl when everything hos been taken uway.
Making food, being part of o team. & feedbockfrom people who've enjoyed myfvod.
Thefamily duy it gave me the chonce tofrel ti bit normol. It WOS good cooking with my son.
ained?
Q. What were the main
factical skills
Corrert knife techniques. Thot goes a long way in a reol kitchen
I dldn't ht7ve t7 clue betore. Now I know how to chop onions. peppers and lots of thingsfor
myself. I developed a Culty Roud Boll- iys got mackerel. sweet potato. ondspinach in it.
Leurning to cookfoodfrom drfferent cultures and cuisines
Under5tonding the quantities of ingredients needed eg not LTdding too much solt
Following und cookingfrom o recipe. Before l used to usefoodfrom a jur.
. How have
ou used these
ractical skills since leavin
rison?
Myfirst opportunity wus otLeother Lane. It Was u massive help to eorn legitimote money.
Yes, with Liberty Kitchen t7nd in lots of differentjobs as I've become o chef-
Yes, iys been o long journey. l joined on ogency- thathad lots of cotering jobs. From there- I
became afirstprep chef in a 5-staT restoumnt.
I will cookformysewfrom scratch rother thun eotingfrozenfoods
. What were the
rsonal skills
ained while with Libe Kitchen?
Manyskills fbut especiolly) time mont7gement and teomwork.
It's given me confidence.... Nowsome new men hove storted on the prograrnrne, they turn to
ask me things about how to do stuff. IYS given me confidence reoding ond writing. We've
been given o book ond I like looking through it
Ifeel specioll AIwoy5 teamworking ond needing to be orgonized
I've learnt to odapt to people that I wouldn't nom?olly be oround
- Overall what do ou feel
ou most
ained from our invofvement with Libe
KitchenP
It wos on obsolute life saver to help bridge the gap between prison ond lifr on the outside.
"For me the progromme is invuluublefor (the reason thot) when you come out of prison. I
didn't wont to be o drain on society.
Thefriends I mode hove supported me too. We're still in contort.
IYS given me confidence ond o structure to port of the week
It chonged my mindset. I horto out with differentpeople now. Mutes who 5UPPOrt each other.
Prison is reollystressful. and Cooking is o positive way to relieve stres5. l Jeelpositive when I
think about cookingfor myfamily
Would
ou recommend this
ro
ramme to other5?
ICV% would...but you've got to be prepured to put the work in
It's different thon other projects os you get the real l.-1 support you need.
Yes. I'd recommend Liberty Ktitchen to those thot want to explore interests infood- Also, those
who wont o sense offreedom ond nomlolity. Its time Spent vuluobly pruct15ing ond exploring
who you would be rfnot in pnson.
I would 100% recommend Liberty Kitchen to others. because you can learn to cook, find u job,
and become more responsible ond orgonisedfor thefuture.

THE LIBERTY KITCHEN PROJECT
Trustees, Annual Report for the year ended 30 June 2024
DIRECTORS, REPORT
Financial reviow
The Libety Kitchen Project ended the year with a def￿1t of £10.666 in general funds (2023.. deficit
£1a.3841. with a deficil in restricted funds of £17.07612023.' deficrt £49,374).
Incorne for the year was £129.724 {2023.' £121.8521 anij exFenditure was £157,466 {2023- £181,610).
Expenditure on charitable activibes decreased to £161,444 from £171.603 in 2023.
Reserves Policy
As the chaTity provides fixed length training programmes, the Trustees believe that the ReseNes
Polw should reflect the commitment made to Trainees, to remain available for them to complete their
training should no ftjrther funds be forthcoming. The Trustees have therefore decided that in order to
allow training course5 to be completed and, if necessary. wind down the chartty in an orderty way,
there needs to be sufficient knnds to meet the purtx)ses of the chanty for a period of at least 3 months.
Based on projected levels of activty. this woukl require retaining free reserves of at least £30,000.
Going Concern
th the training contract continuing at Pentonville and another commencing at Wormwood Scmbs in
2025, plu5 the increased Events activity and the grants and donakn.ons already received since yèar
end. the charity is cut￿nVy in a stable financial posrtion. In addth. discussKJns are ongoing to extend
our training contracts to at least one addttional prison.
The forecasts reviewed by Trustees indicate tha( with the current aVaIla￿"1[ty of funds, together ￿th
the increase in contracted work and fUndra￿Ing activty. the charity can meet its financial obligations
as they fall due for at least the next 12 months following sKJning of these accounts. The Trustees have
not identified any rnaterial uncertainties and therefore consider rt appropriate to prepare the accounts
on a going concem basis.
Structure Governance and Management
The Liberty Kitchen Project is a registered charrtabie company, limtted by guarantee. Founded in
2017, il is now constituted under the Memorandum and Articles adopted on 20 October 2023, and was
registered with the Charity Commission in England and Wales on 9 November 2023 with number
1205646.
Ltbety ￿tChen has a Boar(J of elghl Trustees who exercise a supervisory role over the chartty and
ensure that governance and decision-making processes are in IiTbe iwlh, and enable us to meet,
conlraclual Obligat￿n$ set in all agreements with extemal parties.
The Trustees delegate the day-to4ay management of the chaTty to the Chief Executive, Janet
Boslon, the onginal founder of the Libety Kttchen Project. The procramme is delivered by a team of 4
regular staff, several volunteers with d(fferent relevant expertise and the Libety Kitchen Associates
(prison leavers) who work with r( upon release.
Details of the Trustees who served during the year. and to the date 4)f signing these financial
ststements, are shown on the opening page of thks report.
Each TTUStee is also a Member ofthe chartty and a3rees to contribute £1 in the event of the charity
winding up.
The Trustees are committed to ensuring that they have the cornbination of skrlls necessary to support
the work of the charity and will enssjre that the Board indudes skn.lis and experb.se in the rehabilitabon
of offenders, food marketing and preparatK)n, criminal justre. ftjndrciising, sctial enterprise,
commercial law and financial and risk management

THE LIBERTY KITCHEN PROJECT
Trustees, Annual Report for the year ended 30 June 2024
New trustees may be sought by open advertisemenL social media or through dialogue with key
stakeholcler groups. They are appointed by the Chair with the support ofthe Trustees. Twstees seNe
for Ihiee years after which they may put themselves forward for re-appointment The Articles provide
for a minimum oflhree Trustees with no set maxtmum number.
At quartedy meetings, the Tnjstees agree on the broad strategy and areas of activty fDr the charity,
including administration, new projects, risk management and perforrnan￿. The Chief Executive is
responsible for supervising delivery of the day-tLHlay actNities and works with a talented professional
team comprising.. a top private chef who assists wth creative recipe development and technical skill
tr8ining," a catererltherapist who oversees market production arsd provides personal support to the
pafticipants., a businesEJsrnall entetprise trainer who provides one to one mentonng to help participants
with future business plans and Kfjeas". and an educatr>nal consultant who reviews all aspects of each
programme in order to develop appropriate training materials.
On appointment. llew Trustees s￿n a Trustee declaration. The induction process will include an initial
meeting wrth the Chair and the other Trnstees, as well as a meeting wrth the Chief Executive to discuss
projects, powers and responsibilities of the Board_ This will include a history of the Charity, copies of
the minutes from the most recent three trustee meetings, the current annual budget and cash flow
statements, a copy of the last annual reporL a copy of the Memo and Articles and copies of the Charty
Commission's guidance2
Plans for the f￿Ure
Having seen the impact Ihat Libety Kitchen has achieved, and in response to requests from its
stakeholder5- including learners in prison. other agenciesworking in ￿habIlitatIOn and prison managers
from Govemors to Officers - it seeks to deepen, scale and dwersty its offer. In the coming three years,
Libety Kitchen aims to train. mentor. and develop the talents of 370 prisoneFS and prison leavers to
reduce reoffending and promote reintegration.
Wthin this longer tefm goal, in the year 2024125. Liberty lfjtchen will aim to:
wrthin prisons."
Deliver 3 10-week, 44ay a week combined leaming prcyjramme to 32 participants Iminimuml
in Pentonville whith inVo￿eS calenng, enterprise. and IrFe sk]"Ils as well as Level 2 Food
Hygiene and Institute of Enterpnse qualtfications.
Replicate the model lo one new prison, Wom￿(X)d Scrubs. to delNer a 5-week. 54ays a
week combined learning course to 80 parb"cspants.
Deliver adapted 6-week courses for 36 prisoners wrth neurodwerse needs, young adults with
gang affiliation and those on lifellPP senten￿5 Wtthin Pentonvi1le_
Develop peer-t&peer mentoring and training and provide a supporbve environmen( facililated
by a counsellor, where parhcipants have a safe Spa￿ to share experien￿S, raise issues and
be signposted to support Servi￿5.
Facilitate quarterfy Cooknng will) Family days and communty events wthin prisons to give
prisoners a near-nom)al encounter with their famili￿. which ￿ imwjrtant for their mental
wellbeing and reducing reoffending.
2 The Trustees seek to follow gc*)d practice set out ty Yhe Essential Tnjsiee. issu￿1 by the Charity
Commission and "The Good TTUStee GuKle- published by NCVO.

THE LIBERTY KITCHEN PROJECT
Trustees, Annual Report for the year ended 30 June 2024
Upon ￿lease..
Provide empIoyrr￿nt opportuntties to 40 prison leavers (minimum) on maikets across London
and a range of (alefing events in resFM)rtse to an increasing demand. swing the menus
created in prison.
Provide mentoring and onward employrrEnt opportuntti'es via a netwofk within the food
industy and prison-leaver chanty space
belleve my tlme with Liberty Kitthen hos mode mefeel more secure in myself and have the
confidence tofvce oll working d￿llenge5 in thefvtu
Risk Management
During 2024, the Trustees, ovefseen by the Chair. wll conduct a ftjll review and update of the charity's
risk register. The register wll be monitored quartety and all new projects will continue to be assessed
for risk before they are signed off by the Trustees.
Risks are considered in eight key areas." loss of key staffr, loss of access to buildin9s,' IT failure and
cyber attack.. operating outside the objects of the chanty.. reputstional risk,. theft of fund5, depSetion of
funds and data protection risk.
All idenbfied risks are assessed for both the like14hr￿d of cwJrrence and Fthntial financial and
reputational impact. Mib"gating controls are then considered and adopted as deemed prudent The
charity's risk management strat￿JY forn￿ part of the fvture planning pr￿, against which Trustees
review progress every year.
Fundraising
Ajthough we don't undertake fi2ndrar6ing from the general public, fijndraising 15 defined as'soliciling or
otherwise procuring money or other propety for charitable purwses." Such amounts receivable are
presented in our accounts as'olher income".
In relation to the above we confim that all So1￿lIa￿onS are managed intemalty, without involvement of
commercial participators or professional fijndraisers, or third parkn"es. The daY-l￿daY rnanagement of
all income generation Is delegated to the Chief Execubve who is accountable lo the Trustees
We have received no complaints in relation to fundraising activrties and, as we don't approach
individuals for funds, we don't Gonsider it necessary to design specrfic procedures to monitor such
Key Management Personnel remuneration
The Trustees consider the Board of Twstees and the Chief Executive as comprising the key
management personnel of the charty in charge of directing and c4)ntrolling the charity and running and
operating the chanty on a day-t(Hlay basis. Al trustees give of their time freely and no Trustee
remuneration was paid in the year. Details of any Trustee expenses and related party transacts'ons are
disclosed in the accounts.
Trustees a￿ required to disclose all rethnt interests and register them the Board. Tnjstees and
consultants are asked to declare any potential conflicts of interest at the beginning of every Board
meeting. In the event of potential confllcts of interest, the chanty's policy 15 that Trustees should
withdraw from the dwsion-making process.. dependant on the majority dec¢sion of the Board, the
cDnflicted Trustee may also be asked to withdraw from any discussions ofthe matter.
The salary paid lo the charity's Chief Execlttive and those workrng as part ofthe project delivery team
are reviewed annually. Pay for consuttants and associates is bendFmarked through comparisons with
pay for similar roles in organisations of comparable svze and activity to ensure that the remuneration is
f8ir and not out of line with that generally paid for similar rotes. Nt>one is paid ￿sS than the current
London LNing Wage.

THE LIBERTY KITCHEN PROJECT
Trustees, Annual Report for the year ended 30 June 2024
Statement of Trustees Responsibilities
The Trustees (who are also the directors of the company for the purposes of wmpany lawlare
responsible for preparing the Trust￿$., Annual Report including the Strategic Report and the Financial
statements in a{￿rdance with app15rable law and United kn"ngdom accounty.ng standards (Generally
Accepted Accounting Practi￿1.
Company Law requires TTUStees to prepare finanual statements for each financial year which give a
true 8nd fair view of the state of affairs of the chartty and of its income and expenditure for that period.
In preparing the financial ststements, the Trustees are required to".
Select suitable accounting policies and then apply them consistenty
Observe the methi)d and prinapies of the Chanty SORP {FRS 102)
Make judgements and estimates that are reasonable and prudent
Stale whether applicable UK Accoun￿"ng Standards IFRS1021 have been followed. subject to any
material departures disclosed and explained in the financial statements
Prepare the financial stateTnent on the going concem basis unless it is inappropriate to presume
that the char¥ty will cOntin￿e in business.
The Trustees are responsible for keeping adequate accounting records that are suffiaenl to show and
explain the cha￿ty,$ transactions and disclose wilh reasonable accuracy at any time the financial
positson of the charty and enable them to ensure Ihat the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Provislon of infomiation to the Independent Examiner
In so far as each of the Trustees are aware there is no relevant infomation of which the charity's
Independent Examiner is unaware and each of the Trustees have taken all steps that they ought to
have tsken lo make themsefves aware of any relevant inf0m￿tiOn and to establish that the
Independent Examiner is aware of that infom)ation.
The Trustees retK)rt, incorporabng the Strategic Rewrt prepared under the Charities Act 2011 and the
Companies Act 2006 was approved by the Trustees in their capaaty as o)mpany directors and signed
on their behalf by
Charles Falconer (Loytl)
Chair
Date".
io

THE LIBERTY KITCHEN PROJECT
Indopendent Examiners Report to the T￿￿ of The Liberty Kitchen Project
for the year ended 30 June 2024
l ￿port to the trustees on my eXaMinat￿n of the ￿CoUnts of The Libety Krtchen Project (the Challtyl
for the year ended 30 June 2024.
Re8ponsibilities and basis of report
As the Trustees of the Charty, you are responsib￿ for the preparatvjn of the accounts in accordance
with the requirements of the chariti.es Act 2011 {'the ACYI.
Hawng sat￿$￿ed my5elF that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination. I rekK>rt in resrEct of my examination of
your company's accounts as carried OLrt under section 145 of Ihe Charibes Act 2011 1.the 2011 Act").
In carrying out my examinaton I have fol1w￿l the DIrec￿n$ gNen by the Charity Commission under
section 145151{b} of the Act
Independent examlnerf8 Statement
I have completed my examination. I confimi that no material mattern have come to my attention in
conneclÉon with the examination giwng me cause to beI￿Ve that in any material respecl..
1. occounting records We￿ not kept in resp￿ of the Charity as ￿UlTed by S￿lI0n 130 of the Act",
or
2. the accounts do not accord with those records. or
3. the 8ccounts do not compty with the app1[￿b[e wuirements conoming the fomi and (x)ntent of
accounts sel out in the Charities (Accounts and Reports) R￿UlationS 2008 other than any
requirement that the acc¥)unls gNe a 'true and fair VEW which is not a matter considereLI as part of
an independent examination.
I have no concerns and have o)me aCrC￿ no olher matters in con[Tr￿t￿n with the examination lo
which attention should be drawn in this re￿ in orderto eTrab￿ a proper understsnding of the
accounts lo be reache(l.
Gfv,rf
David Wil$don FCCA
Greèn Accountancy Ltd, Windru8h Houso. l•Vlndrush Park Road. Wrtfiey. OX29 7DX
Datg-
li

THE UBERTY KrfcHEN PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted Restrlcted
Fund
Fund
Total
2024
Totsl
2023
Note
Income from
Charitsble activf(i8S
Other income
Total income
1(W.324
25.400
129.724
104,324
25,400
129,724
121,852
121,852
Expenditure on
Charrtable activÈhes
144.368
17.076
161.444
171,603
Net incomel(expendlturg)
Transfer between funds
(14.644}
(17,076)
{31,7201 (49,751)
Net incomellexpendtture) beforotsx
Corporation tsx ¢rediVlchargel
114.6441
3.978
{17,076)
131.720) 149,7511
3.978
10.007
Net movernent Tn funds
Funds brought forward 1 J¢￿Y 2023
Funds carried forward 30 June 2024
(10.666)
41.￿7
31.241
{17.076)
19.151
2.075
{27.7421
61.058
33,316
159,7581
120,816
61,058
The Ststement of Financial ActwitEs I￿1Ud85 all gain5 and kisses recognised in the year
The notes on pages 14 to 18 fom part of these financial statements
12

THE LIBERTY KITCHEN PROJECT
BALANCE SHEET
AS AT 30 JUNE 2024
2024
2023
Curront Assets
Debtors
Cash
8.026
39,909
47.935
6.502
104,113
110.615
Current Liabiliiios
Credrtors
amounts
(14.619)
{23.777}
Net Current Assets
33,316
86.838
Creditors amounts falling due after
rrTor8 than one year
Net Assets
{25.780}
33.316
61,058
Funds
Restricted Funds
Unrestricted Funds
2.075
31,241
33,316
19,151
41,907
61,058
Totsl Funds
For the year ending 30 June 2024. the company IKas entitled to exemption from audrt under section
477 of the Cornpanies Act 2006 relaling to srrAII companies.
Directors. responsibilib"es.
no members have required the ￿MpanY to obtain an audit of rts accounts for the year in
question in accordance with S 476 of the Companies Act 2006.
the directors acknowledge their responsibilities for complying wth the requirements of the Act
with respect to accounting records and the preparabon of accounts.
These accounts have been prepared in accordance with the provisions applicable to o)mpanies subject
to the small cxjmpanies. regirrE.
The notes on pages 14 to 18 fomi part ofthese finanGtal slaternents
These financial stslements were approved and authorised for issue by the Trustees and signed on
their behalf by.
Chaftes Falconer (Lordl
Chair
Date..
13

THE LIBERTY KITCHEN PROJECT
Notes to the Financial Statements for the Year ended 30 JUNE 2024
1 ACCOUNTING POLICIES
The principal accountsng polKies adopted, judgements and key Sour￿ of e￿"Mats"0￿ or Un￿rtaInty in
the preparation of the financral statements are as follows.
Basis of accountin9
The financial statements have been prepared as a going COn￿M on a historical cost basis, in
accordance with the Charth"es Act 2011, CompanEs Act 20[￿ {FRS 1021 and applicable accounting
standards in the United Kingdom.
These financial statements have also been prepared in 8¢xordance wrth the Statement of
Recommended Practice.. Accounb"ng and Reporting by Charities. preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102, effective 1 January 20151.
The charity meets the definrlion of a publ￿ benefft enbty under FRS 102 The Charity SORP Update
Bulletin 1 apptying from 1 January 2016 gave exempb.on to smaller charities on including a cash fiow
staterrEnt
Going Concern
As ststed in the TTUStees Reprt there are no material uncertainties abjut the charity's ability to
contsnue and accordingty Ihe aC￿Unts have been drawn up on a going con￿rn basis.
Income Recognition
Voluntary income and donath.ons {including legaues) are accounted for on(* the charity has
entitlement to the income. r( is probab￿ the income will be received and the amount of income
receivable can be re118bly measured. Income from the recovery of tax on gtft aided donations is
recognised at the time of the donation. Donations and Grant income are rwJnised when receivable.
On receipt, donated Professional services and donated faulities are recognised on the basis of the
value of the gift to the Charity wh￿h is the amount the charity would have been willing to pay to obtain
ServI￿S or facilities of equivalent economic t￿efit on the open markeL' a corresponding amount is
then recognised irs eXpend￿u[e in the period of receipt.
Performan￿ related grants and o)ntracts for Servi￿ are recognised in income to the extent that
entitlement has been earned through delivery of the underfying serv￿.
Expendlture Recognition
VW)ere applicable, expenditure included in Ra￿Ing Funds indudes arTh)unts inCu￿ed in obtaining
grants and other donations.
Expenditure is accrued as soon as a liabiltty is considered probable, and the amount of the obligats.on
can be measured reliabty. The charity is not registered for VAT and accordingly expenditure includes
VAT where appropriate.
Charitsble expenditure indudes those cc6ts in fvlfilling the ehartty's prinupal objects, as outlined in
the Trustees Report. These include governance costs and an appoftionment of support costs.
Governance costs comprise all costs involving the public atxountsbilty of the charity and its
compliance with regulation and good praCb￿. specifically costs related to the independent
examination. Salary costs Indude employers, NalR)nal Insurance an(1 pension contributions, together
with any termin8b.on payments which may be due when an employee leaves the charity. Such
tem)inalion payments could include payments in of notice, outstsnding holiday pay, or any agreed
redundancy or compensation payments due on leaving.
14

THE LIBERTY KITCHEN PROJECT
Notes to the Financial Statements for the Year ended 30 JUNE 2024
Debtors
Debtors are included at the setdement amount due. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash al bank and in hand indudes cash and bank aLxounts.
Creditors
Credrtors are recogni5ed where the charrty has a present obligation arising from a past event that wll
probably result in the transfer of funds lo a third paty and the amount due to settle the obligation can
be measured or estimated reliabty. Creditors are recognised at their settlement amount
Pensions
The charity operates a defined (x)nln"bub"on pension scheme and the pension charge represents the
amount payable by the chartty to the fund in respect of the year.
Taxation
The Corporabon Tax charge in the previous year. and the cu￿ent refund due, are applicable to the
period prior to 9 November 2023 when the company was registered as a charity. On 24 May 2024,
the charity re￿iVed confirmabon from HMRC that. for tax purposes. The Libety Kitchen Project is a
chartsble company.
Critical accounting estimates and areas of judgement
In the view of the Trustees in apptying the accounting policies adopted. no judgements were required
that have a Significant effect on the amounts recognised in the financial statements nor do any
esb'mates or assumptvjns made carry a signthcant Tisk ol nNqteTral adjUsts￿ent in the next financial
year.
Fund accounting
The fijnds held by the chanty are etther.
Unrestricted funds that can be used for the charlty's ordinary purposes. These include fund5
designated for a partsCu￿r purpase by the trustees.
Restricted funds represent grants and donations receNed for a specifie object or invtted by the
charity for 8 specific objecL The ￿ndS may onty be expended on the specific object for which they
were gwen. Any balance remaining unspent at the end of each year must be ￿[Tied forward as a
balan￿ on that ftÈnd.
15

THE LIBERTY KITCHEN PROJECT
Notes to the Financial Statements for the Year ended 30 JUNE 2024
2 INCOME
Unrestrictgd Restricted
Fund
Fund
Total
2024
Total
2023
Charitable activities
Markets & Events
Training contract
Grants
39,124
45,200
20,000
104.324
39,124
45.200
20,000
104.324
32,095
41,433
48,324
121,852
Other Income
Donations
25,400
25,400
25,400
3 EXPENDITURE
Unrestricted Restricted
Fund
Fund
Total
2024
Total
2023
Charltable activities
Food & packaging
Market & Event fees
Transport & travel
Associate fees
Trainers & Mentors fees
Staff costs
Prefflises
maintenan￿ & Equipment
IT & CommUni￿tiOnS
Memberships & subscriptions
Legal &administration
Insurances
Bank and interest charges
Inderkndent Examiner fees
19,956
4.113
20.415
14.351
19.956
4.113
20.415
14,351
29,958
61,615
754
512
1.064
657
2,409
1.528
1.288
2.824
161,444
18,168
5,000
17.275
12,456
44,015
61,448
7.470
9,606
52.009
754
512
4,103
2,078
710
1,743
1,442
702
657
2.409
1.528
1,288
2.824
144.368
17.076
171,603
Net axpenditure ft*rthe year is stated after charging
Independent Examiner remuneration for independenl examination
Independent Exarniner remuneration for tsx advt(*
1,624
1.200
2,824
1.518
1,518
Staff costs
Salaries
Social Security costs
Other Pension costs
60,147
(134)
53,230
6.966
1,252
61,448
61,615
Dvring the year, the charity had one fijll-time employee. and Or￿ part4iwE employ
No employee [￿1Ve￿ more than £60,000 in employee benefits.
16

THE LIBERTY KITCHEN PROJECT
Notes to the Financial Statements for the Year ended 30 JUNE 2024
Key Management Personnel
The Trustees consider the Board of Trustees and the Chief Ex￿￿tIve as comprising the key
managefflent personnel of the chafity in charge of directing and controlling the charity and running
and operatsng the charrty on a day-tTrday bas¢s.
All trustees gNe of their time freely and no trustee remuneration vras paid in the year {2023." nill. No
expenses were paid to Trustees in the year {2023: nill.
Related paty transactions are shown in Note 8 in the accounts. Details of key management
personnel remuneration is also covered in the Trustees Report
4 DEBTORS
2024
2023
Trade debtors
Prepayments
7,656
370
8.026
6,502
6,502
5 CREDITORS
Arnour￿ falling due within 1 year
2024
2023
Trade creditors
Accruals
Taxation and S(Kial Security
Other Creditors
2,618
2.520
8.765
716
14,619
3.694
19,805
278
23.T77
6 CREDITORS
Amounts falling due aftef more than 1 year
2023
Loans {UnSe￿red)
25,780
Four loans, totalling £25,780 were outstanding at the stsrt of the year. All unsecured and interest-free,
Wtth no fixed repayment Sch￿Ule, three loans We￿ converted to tharitrdb￿ donations during the year.
wrth the fourth loan r30w due for repayment in the current year.
7.1 FUNOS
Ba5ance
1.723
Incomo Ex￿n￿[lure Transfer
Balance
30.6.24
Unrestricted
ReStrict￿j
Big Lottwy Fund
Soctal EnterkKtse Support Fund
Total
41.￿7
129.724
(140.390}
31.241
17.076
2.075
61,058
{17.0761
2.075
33.316
129,724
(157.466)
17

THE LIBERTY KITCHEN PROJECT
Notes to the Financial Statements for the Year ended 30 JUNE 2024
7.2 ANALYSIS OF NET ASSETS BEfwEEN FUNDS
Unrestricted Restricted
Funds
Funds
Total Unrestricted Re5trict•d
2￿24
Fund5
Funds
Total
2023
Current Assets
Cieditors due within l ytrdr
Creditors due after 1 year
Totsl Nèt Asséts
45.860
{14.6191
Z075
47.
91.464
{14.619) {23.Tn}
25.780
41,￿7
19,151
110.615
P3,TT7)
125,780
61,058
31241
2.075
33.316
19,151
8 RELATED PARTIES
D P King. a Trustee. and J Boston, Chief Executive, had advanced loans totalling £20,000 to the
cornpany as additional WOTking capital. These loans are Un￿￿red and interest-free, wrth no fixed
repayment schedule. During the year. the loans from D P ￿"ng were converted to a Donatr"on and the
loan from J Boston will be repaid in the cuming year.
18