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2022-12-31-accounts

THE CRAFT BAKERS BENEVOLENT AND EDUCATION FUND

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 December 2022

FORTUS EAST LIMITED

Chartered Accountants

THE CRAFT BAKERS BENEVOLENT AND EDUCATION FUND

Contents

Page
Annual report 1
Receipts and payments account 2
Statement of assets and liabilities 3
Independent Examiner's report 4

THE CRAFT BAKERS BENEVOLENT AND EDUCATION FUND

Annual Report for the year ended 31 December 2022

The Craft Bakers Benevolent and Education Fund, 21 Baldock Street, Ware, Herts, SG12 9DH, is registered with the Charity Commissioners (No. 206691) and constituted by Deed of Trust.

The Charity is administered by four trustees:

G. Fuller S. Ryder D. Carr C. Freeman

The object of the charity is to assist former CBA members by way of quarterly grants and to provide equipment such as wheelchairs, shower/bath rails, stair lifts any help required which will bring relief/assistance to the beneficiary.

The object of the charity is to provide support for:

Students/Apprentices/Trainees working towards a career in the baking industry. Young people already working in the industry that are looking to further their career in bakery skills, supervisory/management, seminars, training workshops and any further help required to support a career in the baking industry.

Support students/apprentices/trainings to attend educational visits.

Support CBA members and their educational needs through webinars, knowledge base, and any further help required to for the CBA to support the professional craft baker.

During the year the Fund has continued to support its beneficiaries by way of quarterly grants, etc.

S Ryder Chairman

For and on behalf of the Management Committee

30 March 2023

1

THE CRAFT BAKERS BENEVOLENT AND EDUCATION FUND

Accounts for the year ended 31 December 2022

1 Receipts and payments account
Income receipts
Grants and donations
Donations
Canaccord
Investment Income
Income fund distributions
Income fund reinvested
Bank interest
Total receipts
Direct expenditure
Grants authorised
Gifts and ex-gratia payments
Xmas Gifts
Other expenditure
Marketing
Breadmaking book
Website
Membership FDF
Legal fees
Accountancy fees
Administrative salary
Bank charges
Total payments
Net receipts/(payments) in year
Change in debtors
Change in creditors
Bank balances as at 31 December 2021
Bank balances at 31 December 2022
2022
2021
£
£
741
346
40,000
30,000
20,856
32,030
(20,856)
(32,030)
64
4
64
4
40,805
30,350
9,600
11,400
7,988
162
2,400
4,000
19,988
15,562
9,102
-
500
2,445
6,078
5,850
1,505
-
-
3,600
977
1,081
12,000
12,000
82
110
50,232
40,648
(9,427)
(10,298)
(20,566)
(4)
-
220
46,471
56,553
16,478
46,471

2

THE CRAFT BAKERS BENEVOLENT AND EDUCATION FUND

Accounts for the year ended 31 December 2020

2 Statement of assets and liabilities
Bank deposit account
Debtors
Prepayments
LIABILITIES
Fortus and other accruals
Canaccord Genuity Funds
Other unquoted shares
Plant and Equipment
2022
£
16,478
1,142
20,000
37,620
(1,000)
837,012
350
3
837,365
2021
£
46,471
580
-
47,051
(1,000)
1,048,018
350
3
1,048,371

3

Independent Examiner's Report to the Trustees of THE CRAFT BAKERS BENEVOLENT AND EDUCATION FUND

We report on the accounts for the trust for the year ended 31 December 2022, which are set out on pages 1 to 3.

Respective responsibilities of the trustees and examiner

As the Charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of Section 43 (2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43 (7)(b) of the Act, whether particular matters have come to our attention.

Basis of independent examiner's report

Our Examination was carried out in accordance with the General Directions given by the charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusal items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not express any audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with our examination, no matter has come to our attention.

(i) which gives us reasonable cause to believe that in any material respect the requirement

have not been met, or

(ii) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

Fortus East Limited Accountants 6-7 Castle Gate Castle Street Hertford SG14 1HD

31 March 2023

4