REGisfERED COMPANY NUMBER: 02561611 (Ellgland and Wales) REGISTERED CHARITY NUMBER: 1003675 REPORT OF ThE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 FOR THE CHILDREN'S ADVENTURE FARM TRUST LTD DTE BusTness AdviseTS Limited Chartered AoUntants Ststutory Auditors The Ex¢haDge 5 Bank Strert Bury BL9 ODN
THE CHILDREN'S ADVENfiJRE FARM TRUST LTD CONTENfs OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Page Chairman's Report I to 2 Report of th¢ TTUStees 3 to 8 Report of the Indepedettt Allditors 9 to 11 ststement of Fin8ry¢il AetiviÉles 12 ststemeDt ofFinaDeial Posltio 13 StatemeDt of Casb 14 Notss to the SlteweDt of Cash Flows 15 Notes to the FiDancial Ststeiii¢Dts 16 to 26
THE CHtLDREN'S ADVENTURE FARM TRUST LTD CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 After the turbulence and un¢ertainty of two Ye of COVID we have all welcon)ed the ¢han¢e to embTace a sense of norn)ality. 2022 provided CAFT with the potential to enable rnOF¢ children to enjoy the well-des¢rved unique activities that we can provide. Life on 'the Farm. was back to being busy. noisy and 11 of life, a delight for l)otb staff and visitors. Our aim for 2022 was to in¢Tease the number of children visiting to kppmximately 14.000, an a]naziDg l)ui realisÉi¢ target based on rnwiing a bw progmnme of day visits and seawllal programmes for iK)th families and groups from local schools alongside our traditional residential activities. New praciises. Introduc out of n¢¢e$sity during th¢ pandemic. such as hosting tnultiple families or groups on site s]U]IanC05ly. meant w¢ could safely and success11Y help mor¢ children to experience the and frf*Jom of all accessible visit to the cowityside. We are proud of the hard work of knjstees, staff and volunteers, and imrtantlY the support of our gellerous donors that enable it all to happ¢n. As a resulL a total of 16,940 children l]ad the cbatlce to enjoy a visit to CAFT. exceeding the targeL The wide range of ¢xperie¢S that we offer and the numt¢rof thildrth that have enjoyedtbis aT¢ shi)wn below: Residential visits of between 3-5 days lor 1.137 rbildren. Our re%idelltial programme provides breaks iD the countyside for children who would ordlnarily never be given the challce. The feedback from fa]nilies and groups that have attended residential Care between Ie January and November h&% been heartfe with th¢ respite PTovided baving a positive ijnpxt on the thildren and their familie days throughout the year for 6,614 ehiidren. All the of CAFT concentrated into one day. These days gave families and groups a break io ¢DjQy the tallge of activities sch &5 anilnal care, outdoor play, sports, Sensory play, music and art located on our ten-aue site. We provide a child-friendty of tbe site and stafflvoluDteers to run activities, and the cbildren choose how they'd like to make the most of their visit. Families report that this 15 the fwst tim¢ ]nany have been able to enjoy a¢tivili¢s all accq)tin& accessible eDviron]nent where no-one judge5, or even notices, their child's cballenges. All Out Adventure, 'Forest Sebool, tbrougbout the year for 553 Using our amzitig woodland, we have continued to develop this activity which began ill 2020. Chilthln follow a six-week gtructured progrdmme during which they learn how to explore, enjoy and take care of the natural environmenL Our t¢am guide the children throllgh activities which erAcournge movemell¢ dexterity. communication aDd wolking as a tram. Easter programme for 1,791 ¢hiidreL Eathr thernl visits utilisitig all OUT OUtd(N)r fa¢iliti¢% including traditional Easter Egg Hunts {all w¢r¢ rewarded with chocolate treats) and theed crafts. CAFffest Ist- 3rd July for 1575 cbildrett. Fully accessible feIVal fun on tlke Farni for children who would never usually be given such an opportunty due to theirphysical. learnin& or social needs. Halloween programme 15th October 6th November for 1,868 cbildreL Based maiDty in the woodlan(L decornted by our teams to create an atmospheTiC, themed locatirn for a v4ri¢ty of aCc81b1c and SEokY activiti¢S. Christmas parties 26th f4ovemb¢r- llrd December for 3.402 children. The largesl bUSit and most glitter filled of our seasonal programmes. Children followed the Elf traiL created festtve decorations to take borne. made reindeer food and met Santa in bÉs accessible Grotto. Each child left with gifts and sweet treats. and hearts full of memories to la8t a lifetime. We are extremely proud of our achievements duTiDg 2022 and would like to say a Iwge thank you to our trustees, supporters, volunt¢¢r$ alld staff who have helped us make this possiTr)le. Their support b&8 enabled us to offer life enriching ¢xpeTien¢es to ill, disabled and sLKialty disadvalltsged children from ow region who would otherwise miss out. Thanks to our supporter5 we conÉinue to give these children the proSPt to ¢xplore what is possible, gain in confidence and learn about thelnselves and their environm¢nL showing them they have a Tight to achieve, succeed and strive for a future in whi¢h they call fully participate and rnosl smportaEitly. be bappy.
THE CHILDREN'S ADVEIYTURE FARM TRUST LTD cHAIR's REPORT FOR THE YEAR Ef4DED 31 DECEMBER 2022 Dllring 2023 we are Iwking to consolidate our traditional residential and gro> day trq) progreS alongside our expanded family day visits, forest sch1 session4 and special events including our xcessible festival. Easter and Hallowe¢n visits, to provide th¢ ¢hallce for 18.000 ¢hildr¢D to enjoy the FarnL Tte¢s, working with th¢ ColDltted team that are dedicated CAFf have excstitig plans for our facÉlities, improvements and changes which will help to ensure that child is able lo access and enjoy the full range of tiviti¢s at CAFT. For 2023, thi5 will Include work on our sensory walkway, aD excititig treehouse projecL and iTnprovements to the FWTM and playpark areas. The irnprovemellts will contiDU¢ to provide our visitors with rn¢mories they will never forgeL Mlke Buleock Chairma
THE CHILDREN'S ADVEffflJRE FARM TRUST LTD REPORT OF THE TRUSTEES FOR THE YEAR Ef4DED 31 DECEMBER 2022 The trnstees who aTe a]so directors of the chatity for the pwp05ts of the Companies Act 2006, present their report with the fmancial statements of the charity for the year ended 31 DeCeber 2022. The tW5tees have Jjopted tbe provisions of Accounting and Reporting by Charities.. Statement of Reconllnended Prnctice applicable to clwities preparing theiT accounts ID accordance with the F1tHla1 Reporting Standard applicable in the UK aThd Republic of Ireland IFRS 102) (effective l January 2019). OBJEcfivES AND ACTIVITIES Objectives and aims The Children's Adventure Farni Ttust Ltd (CAFT or the FanTh) exists to pmvide free holidays and recreational facilities to disadvantaged children and, where ne¢¢s5ary, tbeir falI1¢s, iti the North West of EDglalld and bordering couDties. These a¢tiYities are largely carried out from the Charity's site at Booth Bank Farn, n¢ar Altrineham, but also include day trips and events at other nearby ple$. The ¢hildren who come bave life limiting ¢onditions, CTr1¢ sickness, and disabilities. or will corne from extremely impoverished bttckgroullds. This enables them to have amazing holidays gnd activity days at our wonderful prejnises. Th¢ Cbarity ho$ t1 each child visitor will iKnefit by developing their ow physical, mental and spiritual capabilities, as well &5 iprove their overall condition of life. As in previous yeaT4 the Tnt is fmanced by a ¢ombination of donations from other charitsble trusts, grant making bodies, ndraISing and sponsored events. COTporat¢ orgalli5atiO]Is. individuals and community groups. The charity has been extremely successful in attrnding wrnpaDies to undatake team build5 on the Farni. This Iw resulted in a large amount of Trailltenance and renewal WO that beeD completed at no cost to the TrusL Publle benefit The Trustees have consid¢Ted Charity Commission guidance on public benefit ill Section 17 of the Charities Act 2011. By fi]Ifslling its objectives to provide holidays and OtherreCl0Daj activities to cljildren disadvantsged tlwough il]ness, disability, poverty or other emotional needs, the Tnjstees consider the charity is indeed providing a public benefiL STRATEGIC REPORT Achievement and ptrfornianee Fundraising activities The charity is committed to delivering a varied program]ne of succe&sfvl fun(Iraising including events and challenges that belp raise vital funds needed to provide holidays, days trips and special events for disadvantaged chil(tren. Our teatn of fundraiser5 take pride in the relatioDship5 built with our c4)Anmiued suptM)rtff base, and ensure stroDg stewardship remains in place througbout. As mcmbeTS of the Fundtaising Regulator. our team tske all measures to increase public tTUSt in the sector and ensure we remaiD traDspatent tbrough all our following best prdctice as outlitied An the Institute of Futtdraising Code of Practic¢. Our clthrity h&¥ ajso signed up to reiving suppressions under the Fundraising Preference Service and is delighted that to date no reque%ts have been tnade. Our approach to fuDdraising is monitored by ow BoaTd of Trnstees through efftive repoTtin& which evaluates the success of different income 50urce¥ alld identifies areas for r¢vi¢w. CAFT is committeil to strength¢ntng the oversight and &ssurattce of those fundraising on the clwity's beha to ¢n5ure illforEDation on Tr*st practirx 15 readi]y available to our supporters, as well as id¢ntifyiDg further p)tential to Ieas¢ [llco¢ generation. The t1lty does not engag¢ agellcies or third parties to deliver fd£e-tfrface, telephone or other direct rnalketing campaigns, and is committed to prolectiDg the information and datr of everyone we come into Contact with, and recoglltse that this needs to b¢ k¢pt Safe. We never give or sell any data or illfom)ation to other charities or companies. and pride ourselves on sharing tiJn¢ly, meallingful infonnation with those who are happy to leam more frojn ourselves.
THE CHILDREN'S ADVEFrruRE FARM TRUST LTD REPORT OF THE TRUSTEES FOR THE YEAR Ef4DED 31 DECEMBER 2022 STRATEGIC REPORT Financial review Financial positio The total incoming resources for the year w¢re £1.108,326 (2021: £941.712) whilst expenditure amounted to £1.045,948 (2021.. £794,861), producing a Suh of £62,378 {2021: £146,851) foT the year. At the end of the year. the Tn1 had net assets of £1.68m12021'. £1.62n)). of which £888,706 (2021.. £921,578) w&s held i liquid fimds, SffIcieTht to Jn¢et the Trustees, iarget of at least nine months working capital and a souThd base on which to continualty our reach to d¢s¢rving ¢bildren throughout our region. Our incom¢ foT the year w&8 generated across the rdnge of fijnditig areas, Cbari¢able Tntsts continue to be the Igest contributor5. Events, sportitig challenges, Community, corporate donations aDd individual donations also Provided significant revenue. Our events programme contillues to be a majoT SOUToe of income and our biggest two fulld rdising events were our Annual Grdnd Ball and our Annual Ladi¢5 Lun¢h. We contÉnue to have an active community progrdmme iCluding close relationship5 with a variety of community grow)s. We are pleased that we hav¢ beffl able to l)oth wot with sorne local schools to fi]ndraise and also accommodate a Dumber of pupi]s who have gaineAI iDvaluable wot experience. We continued to develop fivithl Telationships with corfft supp)rters. This (wne mally different form& from team-building exercis&%, providing much needed voluntary wort to holiday spon50Tship for groups of children visiting the Farn]. We also Te¢eivd matty essential gifts in kind frouh our suppoth ranging from pizzas to weigbted blankets. The results for the y¢ar are shown in the Ststetllenl of FiDallcial Activities on page 12. Investment policy and objectives The Trust would only invest wrplus filllds (th(trse available in excess of that required by on-going W(}lg capital requirements) in such investment vehicles as decided by the BoaTIL or by one or more Trustees and th¢ Cbief Executive operdting with tbe approval of the Boar(i in Tryt of these matte Funds will only be invested in recognised v¢hi¢les, such &8 dep)sit xcounts, bd5, Money maet accounts and so on operated by a major clearing bank, merchant or estsblished investment compally and * all times care will be tsken to ensure that the retum receiyed by the Charity on such Investment is the E¢st P05s1ble available, taking into awount the requirement to draw down such fimds. at the tim¢ of the itivestmenL Professionjl advice will be taken as required to ensure that this return is maximised. Reserves policy Reserves are needod to bridge the gap between the spending and receiving of income Ind to cover unplanned emergency repairs and other exnd1th. The tswstees have conclllded tha¢ at any one point in time, there should be sufficient free r¢serves Éo cover nine months, worth of future anticipated expendiDJre. We are satisfied Ihal for the year ended 31 December 2022. the charity h operated in accordance with thi5 policy. We will continue to monitor and co]ttrol the level of free reserves whi]st at tbe 2Jnt time ensuring that th¢ clthTity acts in the best interests of its beneficiaries by growing and developing the services tbat we provide. The on-going plan ijmlicates Steady inC0C flows each yw. reflediDg the contitiuous recrnitmeDt and tratlling of a dedicated ldraISIng team. The Tru5ttts review the reserves policy each yw at tbe Annual General Meeting. tn line with all chaTities the current eornI( clirnate is having an irnpt on acttvities at CAFf and as a result it is the trust¢¢s' intention to constslltly review a]1 res¢ry¢s to ensure we have sufficient fullds to operate norn)alty.
THE CHILDREN'S ADVENfuRE FARM TRUST LTD REPORT OF THE TRUSTEES FOR THE YEAR Ef4DED 31 DECEMBER 2022 STRATEGIC REPORT Future plans There is an ever i[Lcr1llg for the 5ervic¢s w¢ offer. even more so after rKent events. and we make a real and meaningful difference to every child and family who visit CAFr. During 2022 w¢ hav¢ iTnplement&J many changes and improv¢ments to eMtiDg fa¢ililies, AD exciting pN)gramme of new activities and facilities, along wtth continuing to explore options for future d¢v¢lopets, all of which will allow us to fulfil our three year sttatrgy to increase th¢ numb¢r of children able to access our services. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Trust is a coffjpauy limitrd by guarantee. governed by its memor2ndutD and arti¢les, with no share capital, and is a registered charity. The Directors of the company are its onty emberS and are a]so its Trustees for the put])oses of charity law. Details of the amounts garllteed by memE¢TS are given in note l fr) the acciH]nts. Recruitment appointment of Deiv trus¢e¢5 New Directors Tnay be appoitited by the passing of ordiDary resolution of the Cornpany's members in general meeting. On appoiuttlleIit. atty new Directorwould become a Tnte and rneMb of the Company. The Directors may a]so invite applications for new memE£T5 in such fonn as they dexide but would only do so if they cot)sidered itwould t¢Defit the funwe activities of the charity. OrganisatioDal stry¢tllre The board of trn$t¢ athnini5ters the charity and meets at le& quarterly. A Chief Exetive is apillIed by the Trnstees to manage the day-tdaY operationg of the charity. To facilitste effective operations, the Chief Executive h&¥ delegated authority, within tenns of delegation approved by the Trustees. foT OalliN matters including finance, employment and operational activitie5. IDdNction aDd trnilltllg of Dew trustefs New Trustees undergo all orientation day to brief them on: thetr legal obiigatioDS under clthrity and company law, the ChaTity Cottuntssion guidance on public benefii and iDfonn them of the ci)nt¢nt of the Memorandum and Articles of Association, the co]nmittee and decision-making pr(esses. the business plan and recent fiDallcial performance of the Chty. During the illduction day they meet key empl¢)yees alld other Trustees. Tntrs are encouraged to atÉend appropriate external traiDing events where these will tscilitot¢ the undertaking of their rol¢. Key management rernllDer#tio The Trnstees are adively involved in overseeing the ¢harity'5 &Ctivities and meet on a regular basis thFOllgbout the year. None of the Trustees receives remulleration or other benefit froln their WO with the Charity. Any connettion between a tswstee or senior manag¢r of the Chan"ry with a supplier of goods or services to the Trust must b¢ disclosed to the full board of trnstees in the Same way as ally other contractual relionship with a lated paty. Bookkeeping, payro]l and accounting services are provided by MBL (Business and Tax Advi5eT5) Lirnid in which one of the Trustees is a direcior. Fees for this Wort alnounted to £5,172 in the year ended 31 DeCeber 2022 (2021: £5,598) {5ee note 10).
THE CHILDREN'S ADVENTURE FARM TRUST LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDKD 31 DECEMBER 2022 STRucfuRE. GOVERNANCE AND MANAGEMENT Risk magement The tNstees have a duty to identify and review the ti5ks to whith th¢ thlty is exsed and to ensure appropriate controls are iTh place to PTovide re&wllable llace agwnst fraud and ¢mTrr. The TSteeS have a risk manag¢m¢nt strategy which comprises: an annual review of the principAI risks and uncertainties that the ch8rity fa. the annual review. and the establtsluDent of lICIeS. systems and pro¢¢dm to mitigate those risks identified in the charity should those risks enalISe. the implemelltation of proceduTes designed to minimi5e or manpge ony p)tential impact onthe charity should those risks mat¢Titilise This work ]ns identified that fiJwi¢ial sustainability is a financial risk for th¢ charity. The Tn]stees regularly review cashflow. forecast revenue alld Costs and liquidity. Attention is also focused on noTA-fillaDcial risks arising from fire, beahh aThd salety of visitors to CAFT as well as management of food hygiene. These risk5 are Ananaged by enwring ac(Teditytion is up to date, having robust policies and procedures in place, and regular awareness training for stsff workipg in these operntional areas. Our voluthteers CAFT woA(s closely in the community alld also re]ies on v0hthry help. We have volunteers who assist with jobs around our land and buildings. sorting and Sellig donated stock at our charity shop in knutsford, stewarding events and a¢tivities, enabling longer opening and lower staff costs than would otherwise be th¢ c&5e. We wish to thank all our volunteers for th¢Tr loyal supprt and generosity.
THE CHILDREN'S ADVENfuRE FARM TRUST LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 REFERENCE AND ADTrttf41SIRATIVE DETAILS Registered COpanY number 02561611 (England and Wales) Registered Charity number 1003675 Registered office Booth Bank FarEn Reddy Lane Millingtt>n Cheshire WA14 3BE Truste¢5 Michael J Bulcock Jayne WO11 Alice F McGladrigall Auditors DTE Business Advi5¢rs Limited Chartered Accountonls The Exchange 5 Bank Street Bury BL9 ODN Senior %age)ent Ian E¢¢l4s- Chief Executive BaDkers Natwest BaDk plc STATEMENT OF TRUSTEES, RESPONSIBILrriES The trustees (who are aiso tbe ditorS of The Children's Adventure FaTm Trust IAd for the purposes of eompally law) are responsible for Preparing the Annual Rep)rt alld the financial statements in accordance with applioble law and United Kingdom Accounting Standards (United KiDgdom Generally Acceptd Accounting Prnctice). Company law requires the tsustees to prepare finallcial statements for eath finallcial year which give a true and fair view of the state of affairs of tbe charitable ¢oTnpally and of the inc4)ming r¢50urtes and application of resources. including the income and expenditure, of the clwitable company for th period. In preparing those flnancial statem¢nts, the tsusiees are requi1 select suitsble aounting EK)licies and then appty theln consistently. observe the methods and principles in the Charity SORP. make judgements and estiFnates that are rvasonable and pruden¢ state whether applicable accounting standards hav¢ be followed. subj1 to any tllaterial departiires disclos¢d and explained in the fu¢18] Seettts' prepare the fmancial statements OD the going conrxtn basis wiless it is inappwriate to PTesume that the charitable company will continue in business. The truste¢5 are responsible for keepillg proper accounting records which disclose with reasonable accuracy at any time the fllwlcial FY)sition of the charitable ¢ompany alld to enable them Io ¢llSUTe that the fJDanciai stoternents comply with the Companies Ad 2006. They are also responsible for safeguarding the ass¢ts of Ihe clwitable company and hence for taking reasonabl¢ steps for the prevention aDd detection of fraud and othff irregularities.
THE CHILDREN'S ADVENfiJRE FARM TRUST LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 STATEMENT OF TRUSTEES, RESPONSIBtLrrIES- eontiDued In so far as the trustees are awar¢: there is no relevant audit inforniatioll of which the charitable cOmpanS audittTrrs are unaware. and the tsustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit infomiation and to establish that the auditor% are aware of Anforn]ation. AUDITORS The auditors, DIE Business Advisers Limite4 will be proposed for re-apFrfTriThtment at the fortbcoming Annual General Meeting. Report of the trnstees, in¢orpordtillg a strategic rq)ott approved by ordeT of the Ixjard of tmstees, as the company directors, on.....i I....... .. and signed on the Ix)ard's behalf by.. M J Bulcock- Trustee
REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF THE CHILDREN'S ADVEPfTURE FARM TRUST LTD Opithio We have audited the finan¢i81 statements of The Children's Adventure Farn] T Ltd (the'charitable company) for the year ended 31 December 2022 which comprise the Stat¢llhellt of Financial Activities. the S(atement of Financtal Position, the Ststement of Cash Flows and notes to th¢ finaucial statements. in¢luding a summary of sÉgnificant ¢)unting policies. The fmancial reporting framewoTk that has been applied ID their preparation is applicable law and United Kingdom Accounting Standard8 (United Kingdom Gellerally Accepted A¢ting Practice). In our opinion the fjnallcial stalements: give a ttue and fair view of the stsie of the charitsbl¢ company's affairs as at 31 December 2022 and of its incon)ing r¢50urces and application of r&sour¢es, including its incotlle aDd expendithTe, forthe year then ended. have been properly prepared in accordance with United Kingdom Generally Acwted Accounting Practice. and have been wared in arxordance the requirements of the Companies Act 2006. Basis for oplllion We c(Trnducted our audit in accordallce with International Standards on Auditing (UK) USAS (UK}) and appli¢able law. Our responsIl)ilities under those standards are furtber dLscnl)ed in the Auditors, respoDsibilities for the alldit of tbe financial statements section of our Tewt. We are indq*llde of the charitable tompany in accordance with the ethical Tequirements that are relevaDt to our audit of the finaDcial statements in the UK including the FRC'5 Ethical Stsndar¢ and we have fulfilled our other ethical reswnsli jilities itt accordaDce with these requiJEments. We believe that the audit evidence we hav¢ obtsilled is sufficient aDd appropriate toptovide a basi5 for our opinion. CoD¢lu5ions relating to going con¢ern In auditing the finallcial statements, we have concluded that th¢ trtees. use of the going eoncern basis of accoun¢tllg in the preparntii)ll of the fjnancial stateTn¢llts is appropriate. Based on the work we have perfonne<L we have not identified any material ullcertainties relating to events or conditions thaL individually or collectively. may ost signthcant doubt on the charitable company's ability to continue as a going concern for a period of at It twelve month5 fJom when the fjnancial S¢ellts authorised for issue. Our responsibilities and the responSiAlItieS of the trnsttts with 8pt to goiug concern are described the relevant sections of this report. Other illformation The trustees are responsible for the other information. The other iornIat10 comprises the infornation included in the Annllal Report, other than the fjnancial statements and our Report of the Independent Auditors thereon. Our opinion on the f]nancial Stateme1 does Dot Cover the othu It)forntIon except to the extent otherwise ¢xpli¢itly stated in our reporL we do not express any fonn of &4wrance conclusion th¢r¢on. tn cOnntion with our audit of the fjnallcial ststement4 re5pon51bility is to tead the otheT illfonnation and, in doing so. consider whether the other inforniation is marially inconsi5tellt with the fll)ancia] state]nents or our kilowledge obtained ID the audit or otberwise appears to be materially mis5tsted. If we identify 5llch terial inconsistenci¢$ or apparent material misstaiernents. we are required to deterniine whether tbis gives rise to a material misstatement in the financial stateTnents themselves. If. based the work we have performe¢ we conclude that there is a material misstatement of this other tsnforniatio we are tequired to report that fact. We bave Dothing to report in this regard. Opinions on other matters prescribed by tbe Ctsthpani&s Act 2006 In our opinion. based on the WO undertaken in tbe course of the audit.. the inforn)alion given in the Rep)rt of the Trumees for the fmaD¢ial year for which the finaDcial siatements are prepared is consistent with the fllWLcial staternents; and the Report of the Trustees has been prepor¢d in accordance with applicable legal requirements.
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHILDREN'S ADVENTURE FARM TRUST LTD Matters on which we are required to report by exceptiOD Jn the light of the knowledge pud understaudtllg of the charitable company aTKI its enyironment obtained in the course of the audit, we have nol identified material ]$statements in the Report of th¢ Tru5tee5. We have nothing to rep)rt in rn5pect of the following matters where the Companies Act 2¢M)6 r4uires u5 to report to you if, in our opinion: adequate accontIng Tecords have not been kept or rebMDS adequate for our audit bavé not been received from brtnehes not visited by us- or the fmancial ststements are not in agreement with the accounting records andreb]rns' or certain disclosures of tru5te, rerDunerntion specified by law are not made. or we have not received all the infoTllhation and explanations we wuire for our wdtl. Responsibilities of tte¢S As explained more fully in th¢ Stateellt of Tnjstees. Reswnsibiiitie& the trustees {who are also the directors of the charitable cojnpany foT the purp95e5 of compally law) e Teswnsible for the prepaTation of the fjnancial statements arAd for being satisfied that they give a true alld fair view, and for such internal control &s the trustees determine is necessary to enable the preparntion of fvwi¢ial statements that are free from matrrial mi5s1ataDc¢ whether due to fraud or error. In preparing the fmancial Statn¢ts, the trUt¢S are Testx)nsible for as5essillg the chatitable company's ability to ¢Ontlle ag a going concern, di%105in& as applicable, related to going con alld usitig the going concern bLsis of accounting unles5 the tnee5 either illtend to liquidate the charitable TpanY or Éo cease operations. or have 110 Tealistit alternative but to (kTr so. 0r respoll5ibilities for the audit oftbe fingThcial statemellts Our objectives are to obtain reasonabl¢ &ssllfdllce about whether the fmaDcial thtements &8 a wbole are free from material rnisststemen¢ whether thie to fraud or r. and th issue a Report of the Indcpelldent Auditors that includes our opinion. Re&%onable assurdnce is a high level of &w]rnce. but is not a guaTaDt¢e that an audit conducted in accordance with ISAS (UK) will always detect a material rnis5tatemeDt when it exists. Misstatements ¢an aTiSe from fraud OT error and are considered material if. indivithlalty or in the awegate, they could rusonably be expected to infiuen£e the economic decTrsions of users taken on the b&sis of these financial statemen As part of our planDing process: We enquired of manag¢ment the systems and controls the clwity h&s in place, the areas of the fitwicial ststements that are mostly susceptible to the risk of irregularities and fraud, and wbether there was any known, suspeed or alleged fraud. The charity did not inforni us of any know suspected or alleged ftaud. We obtained an under51anding of the legal and regulatory frameworks applicable to the c]Mrity. We detemitned that the following were most relevant.. C}ritIeS SORP IFRS 102), ComF4ni¢s A¢t 2¢M)6. Charities Act 2011, and health and safety legislation. We considered the incentives and opFltitS that exist in the charity. includwAgth¢ extent of management bi&%, which present a potential for iTr¢gu]tirities and fraud to be pertthated, and tsilored our risk assessment accordingly. U5g our knowledge of the charity. togeth¢r with the discuOnS held with the charity #t the planning stsge, we formed a conclusion on the risk of m&sstatem¢ni due to irregu]arities xnctuding fraud and tsiloTed our procedures according to this risk assessment. 10
REPORT OF THE INDEPENDENT AUDrfoRS TO THE MEMBERS OF THE CHILDREN'S ADVENIURE FARM TRUST LTD The key proced we UDdertook to detect irregularitiÉs ineludiDg d•riDg ¢b¢ ¢ourse of tbe audit illcluded: Identifying and testing journal entrie& in particular th[ that weTe significant and unusuaL Perfom)ing wajkthrough tests of incolne and expenses to ensure that appropriate Controls ond segr¢gation of duties are In place. Reviewing the flnancial statement dis¢losur¢s and d¢terniiDing whethtt accounting )licIeS have been 4)propriately applied. Reviewing and challenging th¢ assumptioEJs and judgements used by management in their signifi(*nt accounting estimates, in particular in relation to depreciatio Assessing the extent of complian¢e, or lack of, with the relevant laws and regulation5. Testing key income lines for eviden¢¢ of management bi&s. Obtaining third-party confirniation of aterial bank balances. Docu]nenting and Verifying all signifi(1 r¢lat¢d party balances and transactions. Reviewing documentation such as the ISte¢S minut¢5 for dkSCU&SiOnS of irregularities inCludU frau A furtber description of our responsibilities for the audit of the fjnancial sratements is located on the Financial Reporting Council's website at www.frc.OTg.ukl8uditOW¢5PODSknilities. This description fonns part of our Report of the IndependeDt Auditors. Use of our report This report is made solely to the charitable Company's m¢mbers, &8 a I, iti accordance with Chapt¢r 3 of Part 16 of th¢ Companies Act 2006. Our audit work h&5 beeD undertaken 50 thaÉ we might state to tbe charitable company'5 members those tnatters we are required to state to them in an auditOT5' report attd for no otber PUTpose. To the fullest extent per]Ditted by law, we th) not accept or assume Fesponsibility to aDyone other than the charithble ¢ompany and th¢ charitsble cotDpally's me]nbers as a body. for our audit wort for this repo¢ or for the opit)ions we have fonlled. J)L Fiona Oloughlin {Senior Statutory Allditor) for and on behalf of DTE Business Advisers Limited Chartered Accountants Statutory Audktors The Exehallge 5 Bank Street Bury BL9 ODN Date.. 19 May 2023
THE CHILDREN'S ADVETrrruRE FARM TRUST LTD STATEMENf OF FINANCIAL ACTtVlTIES FOR THE YEAR ENDED 31 DECEMBER 2022 2022 Totsl fullds 2021 Total funds fiJnd8 funds iNCOME AND ENDOWMENTS FROM DonatiOD5 and legacies 654,6117 93,101 747.708 690,234 Other trading activities Investtnent income Other illeome 359.054 359.054 1564 174,963 53 76,462 Total 93.101 26 941.712 EXPEf4DITURE ON Raising 592116 YJ2,729 300269 Charitable activities Provision of holidays and r¢ed a¢Éivities 622J67 653219 494 592 Totsl 955090 90,058 948 794,861 NET INCOME 59J35 62?78 146,851 RECONCILIATIOTrI OF FUNDS Total fund% brougbi forward IJX425 63on 1,622.297 1,475,446 TOTAL FUNDS CAJIRIED FORWARD 1617 760 1684 675 1622 297 The notes forni part of th¢* flljancial statements 12
THE CHILDREWS ADVENTURE FARM TRUST LTD STATEMENf OF FINANCIAL POSITION 31 DECEMBER 2022 2022 Totsl fuDds 2021 Total fimds fimds fvnds Notes FIXED ASSETS Tangtble assets 13 724.742 724742 730,187 CURRENT ASSETS Stocks Debtor5 Cash at bank and in halld 14 15 32,080 3&677 32,080 72,071 11,000 6,219 35J94 31521 92S942 66PIS 992,857 938.797 CREDoRs Arnounts falling the within One year 16 {32g24) (32,924) (46.687) NET CURRENT ASSETS 893 018 15 892,110 TOTAL ASSETS LESS CURRENr LIABILITIES 1ffi17.7( 0&915 1,684675 1.622297 NET ASSETS 1,617 760 66.915 1622 297 FUNDS Unrestricted fvuds Restricted funds 18 1,617,760 66,915 1,558,425 TOTAL Fuf¥DS 1.684.675 1622 297 The financial statements were approved by the Board of Tn and authorised for issue 701.1......... alld were siged on its behalf by: M J Bulcock- Trustee The notes forn) part of these fmancial stskni¢nts 13
THE CHILDREN'S ADVENTURE FARM TRUST LTD ST ATEMEFrr OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Noles flows from operating #ctlvltles Cash generated from operations 179 815 Net cash (used inyprovided by opeT8tillg aciivities 179815 Cash flows frotll investing aetivitie5 Purchase of tallgible f]xed assets Sale of tangible fixed &%%ets tnterest received (35,517) 1,000 53 Net Sed in investing Xtivities Change in aud cash equivalents in the reporting period Casb and cash equiyalents at the beginDiDg of the rertIng period (J2J72) 145,351 921,578 776 227 Cash and cash equivalents al tbe end of the reporting period 888.706 921578 The Dotes fim p of these fmancitil statements 14
THE ClllLDREN'S ADVENfuRE FARM TRUST LTD NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JI DECEMBER 2022 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 21122 2021 Net income for tht reporting perwjd (a5 per the Statement of FiD*neial Activities) Adjustments for: Depreciation charges Profit on distMTrsal of fixed &ssets Interest r¢¢¢ived Increase in stocks (IDcreaSeydeCre in debto (Decreaseyincre&4e in creditors 62?78 146,851 34J13 35.722 (1.000) (53) (4,600) 2262 633 (1.564) (21.080} (65.852) 13.763 Net eash (used inyprovidtd by operations 179 815 ANALYSIS OF CHANGES IN NET FUNDS Atl.1.22 CAsh flow At 31.12.22 Net eash C&8h at bank and in hand 921578 32 72 921 32J72 Total 21 888.7116 The not&% f(Mm wl of the fllwicial statements 15
THE CHILDREN'S ADVENllTRE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 STATUTORY INFORMATION The Children's Adventure Fam Trust Ltd is a company. limited by guaralltre and registered in England and Wale5. Th¢ company does not have shaTe capital. The guarantOTS at 31 December 2022 aT¢ the Tntstees in otTe at that datt and detsiled in th¢ TTUStees Rert on page 7. Their liability ill resrn of the guarantee as set out in the Memordndum of As8ociation is limited to £10 per guardlltor. The compally's registered number 15 02561611 alld its TegISter charity number is 1003675. The company's registered office Jjdress is Booth Bank Farn), Reddy LJne, MillingtO Cheshire. WA14 3RE. ACCOUNTING POLICIES Basis of preparing the fin&Dcial Statements The f9claI statements of the charitable company, which is a public bettefit entity wlder FRS 102, have been prepared in accordance with the Chariti&s SORP (FRS 102) 'A¢unting and Reporting by Charities: Statement of Reconmnended Practice applicable to tharities pre1 their aCUnIS in accordance wth the Financial Reporting Standard applicable in th¢ UK and Republic of Jr¢laDd (FRS 102) (eff¢ctive l January 2019),, Fit)ancial Reporting Standard 102 Th¢ FiDaticial Reporting Standard applicable in the UK alld Republic of Ireland, and the CompaleS Act 2006. The fmattcial statements have prepared under the historical cost conventi¢)D. The Children's Adventure Farn] Trnst meets the definition of a public bEnefit entity under FRS102. Assets and liabilities are initially recogtttsed at historic cost or transaction value un1¢55 Otbenvise ststed the accounting policy note. After considering the role of The Children's AdventtTT¢ FaTm IAd within the wider ¢onlln1ty (des¢ribed on page% 1-8 of the annual rep(Trrt), tllvestment prOrni8Ce & rentm and risk rnanagemt, tbe tNstees have a reasonable eX¢tatIOn that the olwity l]as adequate resources and c&sh flows to meet the requ1 spending co]n]nittnents for the foreseeabl¢ futltre. As at 31 D¢m1*r 2022. tbe charity bad net &Ssets of £1,684.675 (2021.. £1,622,297), with a surplus dyring the year of £62,378 (2021.. £146,851). The ¢Ste<S belÈeve that the Charity 15 well pla¢¢d to allage all relevant risks alld therelore continue to adopt the going con¢¢rn basis of accounting in Prepari these fiDallcial statements. Critic81 a¢¢ounting judgemeDts and key 50urees of estimatioth uncertainty There are curreDtly no significant judgements and estimates applied by the TnL%t which are considered key to the prepardtion of the fi[iCial statements. Income All income is recoglli5ed iti the Statetllent of FitMDcial Activities onc¢ the ¢h2rity h&s entitlement to th¢ fi]nds. it 18 probable that the incotDe will be received and the amoullt can be measu1 relTrably. Donations aDd grants Income frojn donations and including upitsl grattty is included in income when these are e1Ved, except &% follows= When donors spe£ify that donations and grdnts given to the chlty must used in future acwunting periods, the income is deferred to those period5. When donors impose ¢(bnditions which have to be fvlfilled Ixfore the clwity becomes entitled to use such inco]ne, the income 15 d¢ferred alld not includfAI ID illcomitig resourcw until the PTe-conditions for use have been rnet. When donors specify that (kniatioms and grdnts are for ptirticulaT restricted PUfFoses, wbicb do not amount to pre-conditions regarding entitlemenL this income is iticluded in incoming reSOurt of resÉTi¢ted fvllds when receivable. Donated good5 ¥Ld servie 16 continued...
THE CHILDREN'S ADVENTURE FARM TRusf LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022 AccouNfING POLICIES- tOtlled Income Donated goods and services are recognised &8 income when the charity I% control over the item, any conditions &%sociated with the donated itern have been me¢ the receipt of economic benefit from the use by the charity of the item is probable and that econo1¢ Ixnefit can be tlleasured reliably. In accordance with the Charities SORP (FRS 102), volunteeT5' time is not recOgnis and the Tnts. report gives more inforniatioll about their contribution. On Teceip¢ donated services and donated goods are recognised on the b&8is of the va]ue of the gift to th¢ charity which is the amount the ¢IrIty would have t*en willing to pay to obtsin services or fa¢ilities of equivalent economic benefit on the or£ll ntheL a coThesponding amount is then recognised in expenditUT¢ in the period of receipt. Legacies Legacy gifts are rrfognised on a case by case basis followitig the grantiDg of probat¢ the thinistratorlexecutor for the estate h&8 communicated in writing botb the amount and settlem¢nt date. In the event that tbe gift is in the f(TrTtn of all other than cash OT a fuhaDcial &8set traded on a recognised stock exchange, recognition is subject to tbe value of the gift being reliably easurable with a deg of reasonable C¢U5acy and the title to th¢ &wt having been transferr1 to the charity. Income from fundraising Income from events is accounted for when received, together with a propTrrtion of donor pledges rec¢iv¢d at th¢ ajor event held each year. Facility hi itLcome is accoUted for when invoiced. Commercial tradillg aetivities Clothing and other items donated for resale througb the clwitys shop are includ1 &5 inco]ning resources within activities for generdting funds when they are sol ItangIble income Intangible income, wbicb comprises donated go(MJs and services, is iticluded in Inrne at a valuation which is an estimate of the financial cost borne by the donor wher¢ such cost 1% quantifiable and m¢a5Utabl¢. No income is recognised where there is no fittancial cost borne by the third party. Eipendlture Liabilities are recognised as expellditsre &s s(M)n as there is a legal or constrjctive obligation ¢ommitting the ¢lwity to that expenditure. il i5 probable tbat a transfer of economi¢ benefits will be required in settl¢ment and th¢ alnount of the obligation be Inured Teliably. Expenditure is a¢counted for on all acclS basis and has been c]aqsified under headings that aggregate all cost related to the category. Where costs cannot b¢ dirKIIy attributed to particular headings they bave been allocated to aGliviti¢5 on a b&8is consistent with the use of resources. Exp¢nditure is cl&8sified Under the following activity headijjgs: C05ts of raising fiJn(ts compris¢ th¢ wsts of events organised to raise fi$ for the charity, the payroll costs (Trf the clwity's staff and their aSgKiated support costs. Expenditure On charitable activitie5 includes the costs of provAdiDg holidays related activities by the charitys staff alld their associated support costs. Other expenditure Tepr&sents those items not thllittg irnto any other heading. Irrecoverable VAT is charged &s a cost against the activity for wbicb the expendithre w&5 illCrred. Alloeatioll of support ¢osts Sup]xirt costs are those fvnctiolls that ]st the Work of the ehaTity but do not drdY undertAke charitable activities. Support C051s iD¢lude back office cost& fmance, p¢r50TmeL payroll and governanc¢ costs which support the TntS activiti¢s. These costs have been allocated ktween cost of rdising funds and eXrdItre on ¢lJaritable activities. 17 cont&nued...
THE CHItIlREN'S ADVENTURE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2022 ACCOUNTING POLICIES- ¢olltllllled T3ngible fjxed assets Individllal fLxed assets costiug £l,IX)O or more are capitslised at cost and depreciated over their esttmated useful economic lives on a straight line b&sis as folk)ws: Fr¢ehtsld buildings- Y/0 per 8nDUllh Fixtures, fitttiigs and equipment- 21PA per aDnum Colnputer equipment_ 33.330/0 per alhniitn Plant, 8¢inery and tllOtorv¢bicl£s- 25Y• per aDDWD The Tesidual values. estimated useful lives and d¢preciatiOU method of tsngible red assets are revieweiL and adjllsted as appropriate. at each statement of fmancial wsition date. The effects of ally revision a recognised i the incoTDe statement when the change arises. Stock5 Stock comprises donated goods wbich are held for resal¢ via ¢htiriry auciions and donated goods which are to be used the fitrtherdnce of the charity's objectives. Where practicable, donated go(MJs are at fair value which, iti the case of g(y)ds for Tesale. is the expected proceed5 from sale less the wcted costs of sale. Taxation The charity is exempt from coTp)rdtion tsx on its clwitable xtivities. FuDd 8CCOlllltittg Unr&%tTi¢ted ndS call be used in accordallce with the charitable objectives at the discretion of the trustees. Restricted funds ¢an only be used foT Particular rastricted PUEWbS¢S within the objects of the charity. Restrictions arise when specified by the donor or Wh OJn&s are raised for particular restricted purFMises. Furtber explanation of the nature and pw)ose of eh fuDd is included in the note5 to the fttwicial statements. l*asimg eommitments Rentals paid under oixrnting1¢&5es are charged to the Statement of Financial Activtti¢s &8 ittcuttd. Finantial Instrnments The Trust only has fjnancial assets alld financial liabilities of a krnd t qualify &s basic financial insttuments. Basic financial instsunents are initialty recOgnis at transaction Tmlue and sub5equ¢Dtly me&8ured at their settlement value. Pension ¢05ts The company operates a def]ned contributii)D nSIOn scherne. Contrlj )uÉions payable to the WPanY'S pension scheme are ¢harged to the Statement of Financial ActivAties ID the period to which they relate. 18 ¢ontinu¢d...
THE CHILDREN'S ADVENTURE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 DECEMBER 2022 DONATIONS AND LEGACIES 2022 2021 Donations Legacies Grants 641,563 39,145 67.01)0 613,868 76,366 747 708 690 Grallts receive¢L included itl the abov4 aTe as follows-. 21122 2021 Other grants 67.1liXI OTHER TRADING AcrivrriES 2022 2021 Ev¢nt income Shop income 330,862 28.192 165,385 359,054 174.963 INVESTMENT INCOME 2022 2021 Deposit account interest 53 RAJSING FUNDS Raising donations and legacies 2022 2021 Staff costs Rates and water Light and heat Tel¢ph(Trne Postage and $tationery Sundries Motor arKI travel expens&q Events Accountan 159,143 12,4411 528 5538 159.(K)I 11.425 463 4.421 5.461 1,160 86 115,453 1,656 1,075 209,763 392 729 300 19 continued...
THE CHILDREN'S ADVENTURE FARM TRUST LTD NOTES TO THE FIiYAf4ciAL STATEMENTS - continued FOR THE YEAR Ef4DKD 31 DECEMBER 2022 CHARITABLE AcfIviTIES COSTS Support C4)sts (5¢¢ note 8) Costs TotAIs Provision of holidays and Telatrd activities 587 6$65 6S3 SUPPORT COSTS Human Totsls Pmvision of holidays aud related activities 3J28 60 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated afterchaTgingl(crediting): 2022 2021 Awditors, remuneration D¢preciaÉion- owned assets Hire of plant and machinery Surplus on disp)sal of fixed assets 6.600 34J13 2,243 6,400 35,722 1.900 io. TRUSTEES, REMUNERATION AND BENEFrts None of the trnStee5 rec¢ived remuneration or other benefits for tbe year ended 31 tkc¢MlT 2022 nor for tbe year ended 31 Dec¢mber2021. Bookkeepin& payroll and accounting services are provided by MBL (Business and Tox Advisers) Li]nited iti wbich one of the Tru*e¢s is a director. Fees lor this wolk amoullted to £5,172 in the year {2021: £5,598). Included in creditors at the year end is as a balance relating to MBL Ill the amount of £nil (2021.. £nil). Trusttes. expenses There were no tn, ¢xpellsts paid for the year ended 31 December2022 nor for the year ended 31 December 2021. 20 c4)ntinued...
THE CHILDREN'S ADVENfuRE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 DECEMBER 21122 ii. STAFF COSTS 2022 2021 Wages and salarie5 Social security costs Pension contributions Healthcare costs 434?58 35,779 11,107 362,252 23,811 8,542 The TThst considers its key management persornel to comwise the TNst¢es and the Chief Executive. The totsl employment benefits including employ¢r P¢DSiOll conttibutions of the key nianagement personnel were £69,205 (2021= £42.582). On¢ ernployee received emoluments in ¢xw of £60.IM>O (2021: None). The average number of employ¢¢s duriJtg the year w&8 31 (2021: 20). 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACIIVITIES Unrestricted fimds Restricted fi]nd5 Total fjmds INCOME AND ENDOWMENTS FROM Donations aDd lega¢i¢s 604234 86,IXM) 690,234 Otber trading a¢livities tnvestment income Other illcome 174.963 53 174,963 53 Totsl 855.712 941712 EXPENDITifRE ON Raiging ndS 233.450 66,819 300,269 Charltsble activities Provision of bolidays and relat¢d #¢tiYiti 494 592 Total 794 861 NET INCOMEI(EXTrENDrruRE) Trnnsfers between fuDds 260.717 (113.866) 146,851 Net tDovement ill luDds 269,946 (123,095) 146,851 RECONCtLIATION OF FUNDS Total fund5 brougbt fonvard 1288,479 186.967 1.475.446 TOTAL FUNDS CARIUED FORWARD 1558 425 63.872 1622 297 21 coutillued...
THE CHtLDREP4'S ADVENfuRE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS - contillued FOR THE YEAR Ef4DED 31 DECEMBER 2022 13. TANGIBLE FIXED ASSETS Fixtures Freehold Plant and machtnery Totals cosr At l January 2022 Additions 1,499,156 19354$ 511,136 2203,837 At 31 December 2022 193 024 511,136 2232 705 DEPRECIATION At l January 2022 Charge for year 797,984 26,093 176,880 4,631 498.786 3589 IA73,650 34J13 At 31 December 2022 824.077 502 181511 75 07.963 NET BOOK VALUE At 31 December 2022 703 947 12.034 761 724 742 Ai 31 Decernber 2021 701 172 12,350 730,187 Fr¢¢hold buildings includes land which is tt depre¢iatwL 14. STOCKS 2022 2021 Stocks I l.(H)O 15. DEBTORS: AMOUNTS FALLING DUE WfnllN ONE YEAR 2022 2021 Other debto Income t&¥ recoverable- Gift Ald Prepayments and accNed income 218 4,157 69 22 continueiL..
THE CHILDREN'S ADVENTURE FARM TRUST LTD NOTES TO THE FINANCIAL sTATElNTs- Continued FOR THE YEAR ENDED 31 DECEMBER 2022 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Social security and other t&xes Other creditors Accrued expenses 9,922 3281 19,721 9,100 2,241 32,924 17. LEASING AGREEMENTS Minimum lease payments uttder non-callcellable operatuig leases fall due as follows: 2022 2021 Within one year Between one and five y¢aT5 11,666 1041 12,074 18. MOVEMENf IN FUNDS Net movement ll fimds Tfer$ between funds At 31.12.22 At 1.122 Unrestricted fNnd$ General fund Fund raising & publicity Charity shop 155&425 15,679 &7,673 43,656 {63.673) 1,617,760 I51425 59J35 1.617,7611 RestTlCted funds In¢rea5e S¢rvi¢e 0371 1043 66,915 TOTAL FUNDS 1684 675 23 coThtinueiL..
THE CHILDREN'S ADVENTURE FARM TRUST LTD NOTES TO THE FINANCIAL STATEi¥IEIYTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022 18. MOVEMENT IN FUNDS- eontiDued Net movement in fill. included in the above ar¢ &s follows: Incorning Resources ¢xpended Movement in funds Unrestricted fuD(15 General fund Fund raising & publicity Charity shop 638.046 348,986 28.193 {622J67) (28S?13) 15,679 63.673 20,01 1,015325 (955891J) 59?35 Restricted fuDds InCre Service 93,101 {90,058) TOTAL FUNDS 1.045948 62 1,108J26 78 CfjmpaT8tives for moYemeDt in fuDds N¢1 movement ill fimds Transfers between fidS At 31.k2.21 At 1.1.21 Unrestricted funds General nd Fund Faising & publicity Charity shop 1288,479 313,906 (49,3 In (43,960) 49.317 1,558,425 1288.479 260,717 9229 1,558.425 Restricted fund$ Increase SerYi¢¢ 186,967 (113.866) (9.229) 63,872 TOTAL FUNDS 1622 297 24 continu¢d...
THE CHILDREN'S ADVENTURE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS- coDtiDlled FOR THE YEAR ENDED 31 DECEMBER 2022 18. MOVEMENT IN FUNDS- continued Cojnparative nel mov¢ment in included in the alKTrve are &$ follo Incoming R¢501]rces expended Movement in funds Ullrestrieted funds General fund Fund raistllg & publicity Charity shop 680,750 165,385 9.577 (366,844) (214,702) 313.906 (49.317) 855,712 (594,995) 260,717 Restrietsd funds Increase Service (19),866) (113,866) TOTAL FUNDS 146,851 A cuent year 12 months and prior year 12 months combined position is follows". Net movemeTrt in funds Trallsfers bdween fimds At 31.12.22 At l.lal Unrestrleted IIiDds General filnd Fwid Trising & publicity Charity shop 1288,479 329,585 14,356 (304) {14,356) 23.889 1.617.760 1288.479 320,052 9229 1.617.760 Restrieteil funds tncrease Service 186,967 (110,823) (9.229) 66.915 TOTAL FUFIDS 209 1475 446 a29 1684 675 25 conlinued...
THE CHILDREN'S ADVENfuRE FARM TRUST LTD NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR EI¥DED 31 DECEMBER 2022 18. MOVEMENf IN FUf4DS- continued A current year 12 months and prior year 12 montbs combined Det mov¢ent in fimd4 included in the above are as follows: Inwmi]]g Resources r¢50urces expended Movement in fullds UDre5trieted IIiDds General Fund raising & publicity Charity shop 1,318,796 514.371 (989.211) (500.015) 61.659 329,585 14,356 1.810.937 (1.550,885) 320,052 Restricted funds Increase Service 179.101 (289.924) (110.823) TOTAL FUNDS 2 050 038 1840.809 19. RELATED PARTY DISCLOSURES There were no related party transactions for the yeaT end 31 DecemTrKr 2022 other than that &8 dtsclosed in note 10.