R1%aD number 14836318 Charity n¥mber 12064S4 Pine Apple BourDe Street iamit¢d Comp#y lilted by guartte Trusiees, r¢port Dd fIn¢1 51atrJlleots for tbt year ended 31 May 2024
Pitie Apple Bourne Street Limited Company limited by guarnn¢¢e CompDy i#forntioD Dirt0[3 DL March¢ M Rhod¢s DW Ri¢haTds AS Walker Corllpaty nuDJb¢r 14836318 12W54 Registeted office 30 Bourne Stred London SWIW8JJ A¢ciwiianLS PG L¢mon LJ
PiDe Apple Bo•r•¢ Street IAmikd Cott)p•ny limited by guarantre CoDteAts Page Tntst¢¢s' report Indepetslerlt ¢xamin¢ls r¢1 Profit and loss a¢couDt Balance she Now to tbe financial stat•)L¢llts 8-10
Pitie Apple Bourne Stred Limited ComyaAy limited by arant Trng¢e¢s' Report Yr ended 31 May 21124 The tsStees of Pine Apple Bourne Street Limitrd (the Clwity) pre$t ther rewl and the financial st&tements for the year ended 31 May 2024. Strncthr& Governte Ind Ma0cent In¢oryorallon andregislmk?on ihe clwi.iia A The cbaTity was illcorpw¢d Englattd Wales wider the Cotwics Act 2(1)6 as a privatr con]pany limited by guarantee with restered nuTnber 14836318 Oll l May 2023 and was re8iStered a charitable ¢Otnpally in Eo814nd attd Wales utsJ¢r the Cbarities Aet 2011 with registered 1206454 on 9 January 2024. Appointhenl of Tnisttes The TntreS of tbe Chwity ar¢ the CODWY dite¢tors of the Clwity (who ate a]so its m¢mbcr5). Under th¢ Artseles of AssOci10D of the Charity. {a) The Vithr of the Cburth of Si Mary. Bourne StreeL Londoll SWI W8JJ (St Marls) is autOntiCallY appointed a$ 2 eompany direaor of the clwity. (b) a maxtmum of thr¢¢ people notniDaied by the PatOL4hial CILur¢h Council {PCC) of St {re8iStered clwity nurnbeT 1134828) n]ay be aptrf)itiied as & MpanY dirECtQT5 of the Clwity'(c) One person DomiDatcd by Si TnL8t ( reBisteted clwity number 289887) tllaybe ap)Intrd as a con¥aDy dircctor of the Cbariw, and (d) person noD]iDated by the Vicar ofst Marfs, who is not CODntttoa with St Marfs but is a r¢pr¢tative of the wider ¢ommuDity within thr parsh oESt Marf4 uwy be tr1Dled &$ a company directorolthe clrIty. Ih¢ Trnstees of ihe Chatity who served during the year were the R¢v¢rfnd D¢xtorAndr¢w Walker { Viear of St Ms), David Richards (nominated by the PCC of Si Ntsry's) and David Marcbese {nomIDatJ by Si largs TTUSI). 4ll of wtrlom are deemed to bave be¢u appoiti on inrpOlOn of the ClJaTiry. 8nd Mark Ilhod¢s (nomitiated by th¢ PCC of St Marfs), who was 4V)inted on 15 Febrnary 2024. Decuion Making Major decisions concerning the Clwity ar¢ Etwdc by the TnJstees colleaively. but the day to day management of th¢ chAritsble activities of tbe Cbarity is und¢rtaken by the Parish Administrator of St Mary's. The Trust¢¢s tllet as a boardon four &S1OnS during the year(includitig otko (diDe). Rskf Th¢ Ttuses monitor th¢ major ri3k5 to wbieb the Tn]st is exposed and are of the opinioD tkn appiopriate steps bave been raken rniti8ate those risks as far possiThle. PtI
Pille Apple Bour•e Strttt Iamited CompDy limited by ymtee Obje¢tives and Athitiex Obj$ ondALMs The objcetives of th¢ Chatity (as set out in the Artieles of A&qoeiation, as allnded by a Special Resolution passed on 30 November 2023) are to advance the elwitable work of St or of tbe Church ol EnglaLd in th¢ pgnsh ofsr MaS (th¢ PaTisb) or in the oei8hbouTbwd of the Paris for the b¢tfit of the public. inparticular but t1 ¢xclusively to ad%7nce Parish aDd tMUnity education and to provide fxiliu¢s i the interests of social welfar¢ for rtiC attd Icisure rwipalioll with tbe objilve of itllproTrin8 the conditions of life for the resideats. The Trn$$ seek to fLdfa the5g objttlives by providing f8cilitsts at the CbarAS pretnises for Parish ond I[al ¢onllnuuity fiuKiioDS and other rnts. alld by prnvidiD8 finla1 assistance for St as attd when qUiT¢d and as fiwd5 penDiL Adiviiies ondPTop¢rty Oft I l 2024 the Clwity Lesse¢) enTed i it¥e with the TTr£S of Si Ma5 Trust (as Lessor) relatinB th pan ofthe b¥semeDL wt of the gr¢)und flcrty {in¢hJdill8 the new Ruwu Rooll4 ancillory at¢as and th¢ Dew Parislx okTict) aod part of the floor (itscludin8 the oew Vicals office, the librdry #thl srttm8 rix)m) ofst Prety7y. 30 Bouru¢ Strr¢L Loodon SWIP4' 8JJ lth¢ pre]Jwes). The lease is for a term of 21 yars, with a right renerf arÈd is wbje¢t W an anuuai rent of Fprn {if deman(kd) and payma)i of x fair prow)rtion of th¢ ¢ost w the l¢ssor of prOdInB ¢l¢dricity. bot and cold attd the premises. The l¢ase F11$ the (kn"ty use the prtTDiSCS for In ¢y)nnectsOtt with th¢ ClwiW5 charioble objects aDd io bÉre out the pree5 for those PUTPC¢S (r (in the case of the Russell R(x)m and the Incillary for otherpwpJge5 wbicb w¢ noi (ODsisieDt with tlw thjects. The le&se also permits the oew Parisb Office aDd the new Vicarfs Office w be US for those pllrW. tll addition. th¢ PCC of St Marqs peuDitd the Charity to Duke &vailgble forbi 8nd to retsin ithcome from th¢ hiri08 of the Francis a SDUII meeting toom adJ"oining the pretni5¢5. Durin8 th¢ y¢ar th¢ Russell Room made available for of the Clwiws cbzritable purposes (either without charge or 8 ¢har8e at less than nthet la) and was als9 m&le available for hitt for non clwitable puOS£S at mark¢t rntes. Th¢ Francis Room was ajso made a1]ble on a similarbasis. FIDancial Review The ckwity l]ad incotne for the year from donations (including a donation of£S.OlJ) from St Marfs Trust) and hire char8es iti respect of the hirillg of the Russell and tbc Frnncis Rwm atDowiting to £32.544. Thc Cbaritgs upenthtur¢ for the year aD)tsunt£d £15,288. The Charity bad llei income of £18256. After the year thd. the TThstees resolved to make a don of £8,Im the PCC of St Nfatys out of thc ncl Éucomc of the Charity for the year. P*gt 2
Pift¢ Apple Bonrne Stree¢ Limittd Comp4Dy limited by guanntr¢ Ststern¢ntofTrusterf' Responthikn The Twstees are tesponsile for prq)ariDg the Tnle¢s. A]Jnual Repirt and th¢ fla1 siat¢rnetEts in a¢¢ordanee with applicxble law and United Kingdom Auntill8 Staodards (Utiitgj Km8dom Gener41ty Aecepted AoUtIng Practice). LAW applicable to cbarities in En8knd aDd W9ks requires the T1<¢5 to wqmte fiDaD¢ial statements for eh fjnancia] year which give a trut and fair view oEcbarity aod of the incoming resources 8Dd applicloD or rey)urc¢$ of th¢ CIwiLy for thai Jrar. In Pwill8 these financial s¢aternettts the TnL4te&% ate required w: - se1¢ Suitle accounting wilici¢s and then apply consistettdy. . Obscrv¢ thc methods and Priticiples iu the Charities SORP. . Make Judg¢ments and estitDJtr5 that att reasonable aDd prudell4 - Stste whether applicable UK Ac£ountin8 Swidard5 have follort 5ubje¢t w any matetial deport disdosed and ¢xpiained in th¢ financial st3tements' aod - parc th¢ fiDan¢ral sthtem¢Dts on the 80illg concern basis unless 1¢ is iD4)propria pffsume the CbArity will CODtiDue in opualion. Th¢ TNstr¢s are r¢spoTrs11 )le for k¢eping PToper *COUlltillg rd$ which ¢JIS¢k with IOllable accurney at doytitn¢ the fan(la1 pc6itiOO of the CbaTity aod ¢nablc thcm to eDSUte the f]nan¢iai stat¢ments comply witb the Charities Aci 2011 attd the ChatitLes (A¢couDts aDd ReporL8) Re8u]OLioL$ 2008. They also rwponsible for safeguarding the assets of the Cbariry aDd h¢nce fortaking reasonabl¢ sty for the preventi OD b¢halfof th¢ ivJrd The Rev Dr Andrew Walker. Chairman Pioe Apple Bourne Strttt Ltd Dite: q- r PA£e 3
Plne Apple Bo•rne Sir¢d lamiied Companv frnitrd by kryrxntre IDdqJendeDt uaminer's report to thc trusteej OD tbe ¥Dudited fMatt¢6al staitm¢nt of Pine Apple Bourne str Limited I report the ac¢ounts of Pine Apple BrAmie Street Limited for the year end¢d 31 May 2024 set on page8 2tolO. Rupertiwt rap01b7]itseS of trust¢¢s And iThdepend¢Di exwuittr The charitgs trusiees (who are also the dIrt£[S of the company for oleon]pHDy knw) Te TeSpJ)MI¢ rth¢ pYtPQTUti¢n orth¢ a¢¢(RJnls. They cotisider an audii is reqUId row thi5 year under secti 144(21 of the ChaTities kn 2011 (thc A¢1). an iD&pmknt ex•TDitiatiOO 15 needd li is n rupmsibility to examitie the a¢counts wider se¢ts"oD 145 of the A4 follow laid iti the G¢neAI Direetions 8iven by the Char5ty COMMOn utsd¢r 145(5Xb) of the ACL 5tste particular nwttcr5 bav¢ come to my attention. Buis ofthdependeDt ex•mitier's $tstenieDt My ¢kVDinatiOD was carried out in accordance with tbe Gaml Dir¢diotss BiveD by tbe CEity Conjmissio An examination includes a review of the a¢couniiDg records k¢pt by the cban.ty alld a narisOn of the accounts preBented with those rs. It 81so includes consider10 of ally unusual iiellks or disclosures in tbe uDd¢akell do noi provide all th¢ evidcoc¢ that would bc required ID an audii and cotwuentfy tto OPiDion is given &s to wh¢ther tb¢ a¢couDts prEsellt a'tsue aDd fair Vie and the rep is limited to rntters sel out in the statement below. l•dependent esajttiner's st4tement (i) wbich Bive5 reasonable cause to Ixlieye that in aDy w8wiai rtspect th¢ requirermts.. to keep proper X¢OUDting re¢ords iti accordance wÉth $tion 130 of the Charities Act 2011. and prepaTe aLtounts whi¢h accord with the 0tIng rewrds comply with the accounting requirements of the Charitic5 (AKounts attdRewrts) regulatiODS 2008. have beeD met. or (ii)to wTrL1C io DJY Op1 attetiOtt sbould drawn in order to enable a proper UDders¢8ndin8 of the a¢eoullts to be reacb Maxime Allue Gambrill FCCA Chartered Certified Aetouot*Dr JttdepeDdetyt txamiDer PG Lemon LLP 134 Hi8h Street Hyth¢, Kent cr215LB Dait: hge4
Pike Apple Bournt Strttt Limited Company limitrd by gDaraDtee Profit loss account for the year ended 31 May 2024 2024 Djglled UDr¢strided Fuods Tot•1 Note 32.544 32.544 Expendimre Clwitable expenditUTC Fund rnistn8 eAale Mana8¢rn¢llt & athnsnistrJtiO & clthritsble operalioDS Surplus l (defieii) on Operting income 12JfA) 12.360 1.928 l.928 18.256 18,256 Othw tnterest r¢c¢ivabl¢ alld profiton investments Surpllls l (defidt) for the year fttr tsx 18256 18.256 TraJLrfers brtwttn funds 12 (3,(KN)) 15256 Retsined surp105 1 (def11) fDT tbe year 18.2 Retaitied Suh brougbi forward Tot81 funds carried forward 3.IX)O 15256 18.256 The DOte5 8 to l• lortD att iltegral part of ibe5e fcial ststrmeits. Re5
Pitt¢ Appk Bourne Stre¢t Limiied CfrmpDy limited by gllaraDtrt Bla•e¢ sbttt *s 9131 May 2024 FiIed assets Twible ass¢ts Curreot ass¢ts Debtyrs Cash at bank ood iti hand 8280 17.836 26.116 Creditor5: 8moullts fauing due within year (8.tKM)) Net CTArreDt asgets l8,116 Totsl issrts Iw curreTr¢ liabilitie5 18.256 r4et assets 18256 Reserves Profit loss u¢¢oont l8256 Members, fund5 18.256 The ditedOfS' Sutcmtttts requira by Sections 475(2) and (3) are slThD on the followtDg page which forn part ofthis Balanee StL The Doles page5 8 to 111 f&rn iit¢8ral part of tbest fmlncial ststemeDt&
PiDe Apple Bourne Strett Ldmlted Company I111¢d by guaraDlte BlDce sheet (¢wtitived) Dir¢thrs' ststemeDts rtquircd by see0$ 475(2) ud13) lor the year eDded 31 M*y 2024 For the year ended 31 May 2024 the coDJp3ny vfds CltI¢d to cJ£¢3wtion audit ynder s¢10 477 of the Compalli¢s Aci 2006 relatsns to Small compame5. . The membct5 b8Ye ttoi requtted the CODWY to obtain all audit of its for th¢ year ID qU¢StioD in accordanee Twith section 476. and . The truste¢s aeknowledge their respottsl iliiies for complyiDg with the requirements of the Act with respect to acc(Kmting reccrds and th¢ pr¢paration of accoun Thes¢ aCcts have been prepar1 ID aC[danCe the proTrision5 applicable to ¢ompanies Subject to d small ¢onwanies re8ittie artd with the Financial RwoTtiD8 Stslld3rd for Smaller Erttities (¢ffective JaIary 2015). g are signed OD their behalfb. Thes¢ a¢¢ouots wu¢ approved by the tntee5 on..... DL Marehese Directyr Regt#ration number 14836318 Tht nolf5 00 pa2Ls 8 to 19 forn? an inlegral parl gf Ih¢5¢ Jla¢¢m¢nl& Py7
Pine Apple Bourne Stred IAmited C&mpAy limlted by 8urxntte Notes to the fThDeil ststemettts lor lh¢ year ended 31 May 2024 A¢¢oynting poli¢ies 1,1. Bajis ol prepartio The financial ststelnents have been prepared in xcordance witb Accountin8 and Reportiug by Cbarities". StameDt of Recolljmended Practice appIlble to clwiiie5 preparing tbeir acC(ts in accordanc¢ wtth the FiDaD¢ial R¢portiti8 StaDdard appiithle in the UK aod Rwblir of beland (FRS 102 Scction IA) - ((Clwities SORP {FRS 102)}, thc CThariti¢S A 2011 and the Companics Act 2(. Pine Apple B¢xune S¢rth Limited llets the defiDiiion of a public t¢fil ¢tyity Und FRS 102. A55C and liabilities are Jnitially rKognised at historical cost or transxtson value unless otherwi5¢ in thr relevant accountitig policy no. 12. Income recognitifyn po]icAe4 IteD]s Arc 8sed attd included in the accounts when all of the foUowiDg ctiteria are . chlty bas ffltitlemejtt to thc fijnds" - any perfornmnce CODditiott% attacbJ to th¢ ims of incon bave been or are bjlly withirL the control of the charity, - there i8 sufficieut eertairtty that elp1 of the is consid( probable. and - the amouni can be me&ed reliably. Illter¢si fullds held on deposii is includa FlYabk and th¢ amount be m¢asyr¢d reliably by th clwity. this is DnallY uprn notifieatÈon of tbe InteSt pwd (Y payable by the bank. IJ. Futtd a¢¢oun¢ing Ut)restri¢ted 6Jnds are available to Spc1 oll aclivitics that futther aDy of the purrK)scs ofcharity. Rcstrictcd are grdDts arLd doDatiOll5 which th¢ donor ha% sp¢cified are LO be sol¢ly us¢d foi partihr are4s of tt ¢knÉty'S work or for SE¢£If projects iting undertaken by tbe ¢FrAty. IA. Expenditsre Expenditure is re815¢d ryh¢e there is a1¢8al or COnstntive obli8atioo to make a paylEI to a tb&rd party, it is probable thal ll1CMe will be requir¢d alld the of the obli8atioJk can be nasUa reliably. Expenditur¢ 15 ¢IsIfied und¢r the following heading&" . ebaritable expenth.ture - Fund raising expenditure . Dwgcment & admlSuall0 CLKsts and clwitsbk owatitiD& IA fucd w¢ts *nd depreuatit)A Individual fixvj c¥)stiDg £l(M) ll¥)re ale L1115¢d al cosL Page 8
Ple Apple Bowrne Street IAmited Compny limittd by gur•lltre Notes to tht frIal s¢temabts for the yexr ended 31 May 2024 .. contiDued l.L Debtors TTade and other debtoTr are reCogTris at the s¢ttletDent amount due afw any trwlc discount offcred. PrepayMts 3Te valued at the amwii prepaid aftcr takmg aU¢ olany trade d¢0ts thie. 1.7. credito and proviAons CreditOT5 and provisi00s are rwised where the cb&ity a preth obligation rtsulting from 4 past that will probably result itt the transfer of a third party and the amount du¢ to settle th obligatson can b¢ meawed or estirnad r¢lxably. Crgjitors and provisioDS are nOrmlY recognis at their s¢ttiemelll 8mount 4fter allowing for 3ny tr&4e dixounts du ATralyyis of iucome Charitable income DoDatiOns & legacies Cbaritable activiue5 Room hire 5.680 26564 300 5,680 26.564 300 32,544 32,544 3. Analysis of expeDdit•re Chiritsble upendi¢ure ProfesSLODai fe Donations 4.360 4,360 8,000 12,360 12,360 M•Dg8ement and administrxlion costs and ckari¢ble oper*tions 828 i.i(N) 828 AdTninigtrntioo expenses 1.928 1.928 Page 9
Pile Appk BouTht Strttt IAmited Coffjp•tty Ilmited by elltee Notu to iht fthllci st¢uthtsts for th¢ year ended 31 MAY 2024 . contiuu¢d Tangdbk fjxed gslets Centre eqllipJDent Totsl Cost Additions 140 140 Ai 31 May 2024 140 140 Net I0k Ye At 3 1 May 2024 Debtors 31105124 Otherd¢btors 8.280 Creditors: amouts fllillg dut Tlithin one yr 31105124 oth Gredikns 8,000 C•rportwA tazation The charity is ¢xempt from OD in¢(Kne and Ball fallJn8 within sethiou 505 of the Tax¢s Act 1988 or section 252 oEthe Taxalion of ClJargeAble Gains Act 1992 the ¢xt¢Dt these ate applied ¢0 its cb4ritsble obj¢¢tives. Company limit¢d by gu*r•Bttt Ihe l¢gAI stqtys of the cbarity is a LY litnited by 8uarallt 9ttd slwe capitsl. Pwlo