**THE LONDON CHILDRENS’ FLOWER SOCIETY**
**REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] AUGUST 2021**
**Page 1 Index Page 2-4 Report of the Trustees and Council Page 5 Independent Examiner’s Report Page 6 Statement of Financial Activities Page 7 Balance Sheet Pages 8-10 Notes to Financial Statements**
1
**THE LONDON CHILDRENS’ FLOWER SOCIETY**
**REPORT OF THE TRUSTEES AND CHAIRMAN OF COUNCIL FOR THE YEAR ENDED 31[ST] AUGUST 2021**
## **1 Reference and Administrative Details**
**Registered Address** 61A High Street Orpington, Kent, BR6 0JF **Registered Charity** 249444 **Patron** HRH The Countess of Wessex GCVO **President** Alan Titchmarsh MBE VMH DL **Vice Presidents** Sir David Howard Bt D M H Longman **Trustees and Council** Nicholas Evans Trustee and Chairman Col Nick Gray Trustee Philip Webb Trustee and Vice Chairman Dr Heather Barrett-Mold Nick Butler Raymond Cousins Hon Treasurer Melanie Deasey Richard Glassborrow Sir David Green Janet Gotch John Mead Richard Pering (to April 2021) Nikki Thompson Rex Thornborough Master of the Worshipful Company of Gardeners (ex officio) **Director** Mrs Emma-Jane McGrath **Bankers** Lloyds Bank 156 High Street Orpington, Kent, BR6 0JR **Independent Examiner** Gilbert Allen & Co Churchdown Chambers, Bordyke, Tonbridge TN9 1NR
## **2 Structure, Governance and Management**
The Society’ origins date from shortly after the Second World War but the Society was formally established by a Declaration of Trust dated 13[th] February 1951 and endorsed on 15th September 1966. The Society was originally known as the London Flower Lovers League and changed its name to the London Children’s Flower Society on 11[th] September 1974
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **3 Appointment of Trustees**
There shall be not more than four and not less than two Trustees. When a vacancy arises, new Trustees are appointed by the Trustees themselves with the approval of the Council at the time.
## **4 Council**
In accordance with the Declaration of Trust the Trustees have appointed a Council to which they have delegated the responsibility for the day to day operation of the Society. The Council normally comprises of 12 members. The Council has met on four occasions during the year via internet connection.
The Council administers the Society in accordance with the objectives and other provisions of the Trust Deed.
Neither the Trustees nor the Council members received any remuneration from the Society during the year. (Note 11)
## **5 Statement of Trustees’ Responsibilities**
Charity Law requires the Trustees to prepare Financial Statements for each financial year which gives a true and fair view of the Society’s financial activities during the year and of its financial position at the end of the year. In preparing those Financial Statements, the Trustees are required to select suitable accounting policies and then apply then consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether the policies are in accordance with applicable accounting standards;
- prepare the Financial Statements on a going concern basis unless it is inappropriate to presume that the Society will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Society and which enable them to ensure that the Financial Statements comply with the Charites Act 2011. They are also responsible for safeguarding the assets of the society and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. (Note 1)
The Trustees confirm that there is no information relevant to the Independent Examination of which the examiners are unaware and the Trustees have taken the necessary steps to ensure they are aware of all relevant examination information and made sure the examiners are aware of it.
## **6**
## **Objectives and Activities**
In accordance with the Declaration of Trust the objectives of the society are the beautification of places within the City of London and the Metropolitan Police District and by stimulating the love of flowers among individual groups in poor neighbourhoods and among children in schools. In practice the objectives are fulfilled by the provision of seeds and bulbs for summer and spring competitions within schools in the London Boroughs.
The judging of the competitions is carried out by approximately 70 volunteer judges some of whom are Trustees or Council Members. Some of the judging in 2021 has been carried by photographic evidence.
Certificates are given by the Judges to all successful pupils and reports on the visits are given by the Judges to the Office. Cups and prizes are normally given to the most successful schools in different categories at an Award Ceremony in the autumn. Because of the Covid pandemic during the year the Awards Ceremony due to be held in October 2020 was cancelled.
## **7**
## **Public Benefit**
The Trustees confirm that they have complied with their duty under Section 4 of the Charities Act 2011. They have considered the public benefit guidance published by the Charity Commission and believe that they have followed its guidance in this area and that all activities provide a public benefit. The Society’s principal activity is to educate school children and to enhance the environment in which they live and learn.
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **8 Achievements**
In the year to 31[st] August 2021 Certificates were awarded to pupils in 186 schools. Trophies and Prizes will be presented to the Winning entries at a Ceremony in the City of London’s Guildhall.
## **9 Financial Performance Management**
|Incoming Resources
Resources Expended
Cost of Activities in Furtherance of the Objects of the Society
Establishment and Office
Governance Costs
Net Incoming (Outgoing) Resources|2021
£
27,295
15,934
9,906
700
26,540
755|2020
£
29,891
18,884
10,888
700
30,472
(581)|
|---|---|---|
The Balance Sheet shows total funds of £55,329 (2020 £54,574)
## **10 Financial Risk Management and Reserves Policy**
The Society operates within an annual budget set in the November Council Meeting. In any year the funds available for use are dictated by the funds donated by a number of Benefactors. In practice the number of Benefactors is small and the Society is at risk if one or two of these decided not to give their support. To mitigate that risk the Society has built up reserves to allow it to run for approximately two years.
In addition, a Friends Group has now been established to help with the involvement of more people in the Society’s work and hopefully to increase the range of donors to the Society.
Other risks affecting the operations of the Society include an accidental loss of IT and communications systems and fire, flooding, and theft at the Society’s premises. The reserves policy and appropriate insurance cover are in place to minimize the impact of these risks.
Due to the fact no current or recent donor has specified that their donation, which has not been used, must be used for a specific purpose all monies are recorded in the General Fund.
## **11 Development and Future Plans**
The Trustees, Council and staff continue to take steps to explore and devise a sustainable future for the society by way of developing further links with pan London primary and special schools and the encouragement to participate in annual competitions.
The considerable lifelong benefits and wellbeing of having a closer relationship with nature are now well recognised. This can be achieved through our links with schools to introduce young children to horticulture through the growing of bulbs, plants and vegetables from seed that create flowers to benefit pollinating insects and healthy edible food. Such experiences inspire lifelong knowledge and can be a further educational aid to help schools to deliver aspects of their national curriculum.
The Society is currently developing further initiatives in the coming year that will further our aims to encourage more schools across London to engage with the Society, to widen our profile and expand our fund raising abilities to deliver a sustainable future.
## **Nicholas Evans**
**Trustee and Chairman of the Council**
**Date: 10 November 2021**
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE LONDON CHILREN’S FLOWER SICIETY**
We report on the Financial Statements of The London Children's Flower Society Trust for the year ended 31[st] August 2021, which are set out on pages 6 to 10.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**John Duncan FCA Gilbert Allen & Co**
**Chartered Accountants Date: Churchdown Chambers Bordyke, Tonbridge Kent, TN9 1NR**
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] AUGUST 2021**
|**Notes**
**INCOMING RESOURCES**
**Income and Endowments Income**
Donations and Legacies
Gift Aid Recovered
Charitable Activities
**7**
Investments
**6**
Other
**TOTAL**
**RESOURCES EXPENDED**
**Expenditure on:**
**Charitable Activities**
**8**
**NET (OUTGOING) RESOURCES**
Balances brought forward at 1stSeptember 2020
Balances carried forward at 31stAugust 2021
**12**|**2021**
**Total**
**£**
20,322
356
6,134
381
102
27,295
26,540
755
54,574
55,329|**2020**
**Total**
**£**
20,518
469
7,636
547
721
29,891
30.472
(581)
55,155
54,574|
|---|---|---|
The notes on pages 8 to 10 form part of these Financial Statements
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## **THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **BALANCE SHEET AS AT 31[ST] AUGUST 2021**
|**Notes**
**FIXED ASSETS**
**2**
**CURRENT ASSETS**
Stock of seeds
Debtors
**4**
Cash at Bank and in Hand
**3**
**CREDITORS - Amounts falling due within one year**
**5**
**NET CURRENT ASSETS**
**FUNDS OF THE CHARITY**
**General Fund**
The notes on pages 8 to 10 form part of these Financial Statements|**2021**
**Total**
**£**
1
452
-
55,700
56,152
823
55,329
55,329|**2020**
**Total**
**£**
1
558
888
53,950|
|---|---|---|
|||
55,397|
|||
823|
|||54,574|
|||54,574|
||||
**Nicholas Evans Chairman of the Council and Trustee Date**
**Raymond Cousins Treasurer**
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2021**
## **1. Accounting Policies**
## **(a) Basis of Preparation**
These financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015), and in accordance with the Financial Reporting Standard 102 (FRS 102). The London Children’s Flower Society is a Public Benefit Entity and has applied the relevant public benefit provisions of FRS 102. The Trustees and Council of the London Children’s Society is satisfied that the London Children’s Society has adequate resources to continue in operation for the foreseeable future and, accordingly, these financial statements have been prepared on the basis that the London Children’s Society is a going concern.
The following accounting policies have been applied consistently throughout the year:
- **(b) Income**
Income is accounted for in the period in which the Society is entitled to receipt.
- **(c) Expenditure** Expenditure is included on an accrual basis. Expenditure on office equipment is written off in the period in which the asset is acquired.
- **(d) Stock**
Stocks of seed are valued at the lower value of cost and net realisable value.
- **(e) Fixed Assets** Trophies, cups and shields for presentation to Schools are included at a nominal value to record their existence.
- **(f) Fund Accounting**
At present due to the fact that no current or recent donor has specified that their donation, which has not been expended, must be used for a specific purpose all money has been recorded in the General Fund.
|**2. Fixed Assets**
Trophies, Cups and Shields at a nominal value
**3. Balances at Banks**
Treasurer’s Account
Business Instant Access Account
Skipton Building Society
Redwood Bank
Cash in Hand
**4. Debtors**
Aviva balance to be repaid
**5. Creditors - amounts falling due within one year**
Independent Examiner’s Fee
Rent, Rates, Light and Heat|**2021**
**£**
1
**2021**
**£**
803
3,001
10,000
41,866
30
55,700
**2021**
**£**
-
**2021**
**£**
700
123
823|**2020**
**£**
1
**2020**
**£**
1,032
31,346
5,000
16,516
56|
|---|---|---|
|||53,950|
|||
**2020**
**£**
888
**2020**
**£**
700
123|
|||823|
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2021**
|**6. Interest**
Business Instant Access Account
Redwood Bank
Skipton Building Society
**7. Income from Charitable Activities**
Entry fees - Spring Competition
Entry fees – Summer Competition
Friends Group
**8. Expenditure on Charitable Activities**
**Notes**
Cost of activities in Furtherance of the Objectives of the Society**9**
Establishment and Office
**10**
**Governance Costs**
Independent Examiner’s Fees
**9. Cost of Activities in furtherance of the objectives of the Society**
Seeds for Summer Competition
Opening Stock
Purchases
Less Closing Stock
Bulbs for Spring Competition
Trophy Ceremony Costs
Prizes
Friends Group
Printing and Stationary
Postage
Staff Payments|**2021**
**£**
1
350
30
381
**2021**
**£**
3,671
2,323
140
6,134
**2021**
**£**
15,934
9,906
700
26,540
**2021**
**£**
558
1,058
1,616
(452)
1,164
3,218
4,382
-
442
-
475
1,029
9,606
15,934|**2020**
**£**
349
-
198
547
**2020**
**£**
5,535
1,931
170
7,636
**2020**
**£**
18,884
10,888
700
30,472|
|---|---|---|
|||
**2020**
**£**
288
1,393|
|||
1,681
(558)|
|||
1,123
4,478|
|||
5,601
1,542
361
-
805
836
9,739|
|||
20,088|
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**THE LONDON CHILDRENS’ FLOWER SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2021**
|**10. Establishment and Office**
Office Equipment
PC upgrade / Website
Insurance
Printing and Stationary
Postage and Telephone
Advertising
Rent, Rates Light and Heat
Staff Payments
Sundries
Travelling|**2021**
**£**
60
115
680
274
848
-
2,553
5,172
204
-
9,906|**2020**
**£**
-
153
925
196
1,003
120
2,226
5,244
987
34
10,888|
|---|---|---|
## **11. Trustees, Council Members and Treasurer**
No Trustee, Council Member or the Treasurer received any remuneration and no expenses were reimbursed in the current year to 31[st] August 2021 (2020 - £Nil)
## **12. Movements in General Fund**
|**Brought Forward 01.09.2020**
54,574|**Income**
27,295|**Expenditure**
**Carried**
(26,540)|**Forward 31.08.2021**
55,329|
|---|---|---|---|
10