REGisfERED COMPANY NUMBER: 02577067 (England and Wales)
REGIsfERED CHARITY NUMBER: 1008028
REPORT OF THE TRusfEES AND
FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 202S
FOR
DEEN crry FARM LIMfTED
(A COMPANY LIMtrED BY GUARArirEE)
Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 st George'5 Road
Wimbledon
London
SW19 4EU

DEEN CITY FARM LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees
I to 6
Independent Examlner's Report
Statsment of Financlal Actlvltles
statement of Flnanclal Position
Statement of Cash Flows
io
Notu to the Ststement of Cash Flows
li
Notss to the Financlal Statements
12 to 21

DEEN crry FARM LIMITED (REGISTERED NUMBER: 02577067)
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees wha are also directors of the charlty for the purposes of the Companies Art 2006, present their report with the
ffinancial statements of the charty for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and
ReFyJrting by Charities: Ststement of Recommended practi￿ applicable to Cha￿￿'eS preparing their accounts in accordance with
the Finan(ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
OBJEcfIvES AND ACTIVITIES
Alm5
The charity's ob]'ective5, as set out in the governing document are..
To advan￿ education and provide facilities for leisure and r￿reatIOn to Improve quality of Ilfe for local people,
particularly young people.
The promotlDn and advancement of agriculture, h0rbcul￿re, and home crafs through education of local people,
To educate local people in the care aTr# consideration for all animals by exhibiting and carlng for the livestock and
domestic animals.
The education and tralning of local people In the neej to prepa￿ them to earn their own livelihood.
To ￿lIeVe local people wlth a Ph￿[cal and mentsl disability by wovidlng facilities for them to ride horses and pcnies.
It is our aim to offer a small Sli￿ of countrysSde for everyone In our urban communlty to enjoy, we are a unique resource for
Merton and neighbouring boroughs. with a core mission to improve quality of life in our local community, focusing on yryjng
ople and those from disadvantsged backgrounds. We a￿ based in one of the 30% most deprived areas in England, with
neighbouring communities to the south, west, and north-west also falling within the most deprived 20_300/0. The surrounding area
ranks among the wor&t 10-300h nationally for "living envIr￿rnent deprivati(m due to its densely populated nature and sits
adJ￿ent to areas with high levels of deprivation affecting both children and older adults.
Objectives and activitieg
The Farm is free to enter ond offers a range of facil.￿leS at no cosi to visitots, including a playground, farmyard, garden, toilets,
and a cafe. While many visitors come from Merton, we also welcome FEople from further afield. Some activities carry a small fee,
kept low to ensure acce55ibility for all.
The organisation's ob]'ecbves are realised through a range of servlces: the operatlon of an active educa￿onal programme, with
programme of tours and workshops held at the Farm and outreach projects delivered in the community. volunteering and work
experien￿ programmes that encourage young pEople to become involved in animal care and horticulture,. the operation of
riding school that offers lessons to novlce and experienced riders of all ages and abilities at a reduced cost. The Farm also offers
programme of community events throughout the year, wn by the SeNices department.
In planning these activities, the members of the Board of Trustees have given due conslderation to the Charty Commission
published guidan￿ on the Public Beneff( requirement under the Charities Art 2011. The Board considers that the charitvs
acts'vities contribute to the public benefit In several areas..
The advancefflent of educAtion.
The advancement of citizenship and communty devetopment
The advancement of hentage and science.
The relief of those in need. by reason of youth, age, ill-health, dlsability, finanaal hardship or other
disadvantages, and
The advancement Df anirnal welfare.

DEEN crry FARM LIMITED (REGISTERED NUMBER: 02577067)
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2025
OBJEcfivES ANO AcnvrrIES
Achievements and performance
The charity's c&J"ertives continue to be fulfilled through our activfcies, desaitsed below:
This repjrting year presented significant operational challenges due to a major infrastructure failure that left us without full power
fn)m January to July 2024. As a resuSt, we were unable to QFerate our Macera￿ system, which necessitsted strict limtstions on
water usage onsite and required manual wastewater management.
DesF4te these difficultie5, our staff and volunteers demonstrated exceptional dedication and adaptsbility. Wrf(h only a one-week
dosure, the team quickly implemented innovative solutions to continue delivering our services. These included the installation of
portable toilets, adjustments to our café service to provide a takeaway-only offering, and the adoption of water-saving
measures-all to ensure that our visitors se￿1￿ users exFErienced minimal disruption.
The cost of repairing the infrastrutture fault, aloThJ w￿h the expenses associated with maintsining a reduced but continuous level
of seNice, amounted to over £80,000-placing considerzble pressure on our financial reserves. However, we were deeply
heartened by the extraordinary generosity of our community. A crowd-funding campaign launched in response raised over
É50,000 within just 24 hours, reflecting the strong suppc*t and value Flaced on our work.
Fam, Café and Shop
Despite the considerable challenges faced this year, we remained open and continued to serve as a vital resour￿ within the
borough. The farm offe￿d residents the unique opportunity to experien￿ rural life In an urban settingi providing close contstt
with a wide range of animals, including all the main livestock spÈries found on British farms.
Cfver the course of the financial year, we welcomed more than 140,000 visitors, an Increase on the previous year, demonstrating
the continued relevance and need of our services. We were honoured to be recognised as runners-up in the Merton Best Business
Award5 in the Charity of the Year category.
While the infrastrurture challenges posed significant operational hurdles, they also provided an opportunity to futur*proof the
farm. Notable improvements included the instsllation of new fencing along a major stretch of the site's outer boundary to
enhance security, the addl￿on of new electrical access points, and work to ensure that the electricity supply is more resilient and
accessible in fvture.
Key projects undertaken by staff and trust&s during this peric￿ Included..:
The complete replacement of the three-phase electrical supply to the sSte'
The development and launch of a new suite of educational workthops for 5choo15 and community groups, aligned
with the national curriculum and highlightlng the fam's historKal and environrnental significance,
Ongung review and updating of internal policles and procedures to ensure test practi￿,
The transformation of an outdoor space through the addition of a summer house, funded by the *uth Wimbledon
Bu￿neSS Association. This versatile new Structure now serve5 as a classroom and a space for events arid workshops.
Educatson
The Fami continues to serve as a unique and valuable educational resource for wsitors of all ages. Our interpretive signage and
infomiation displays are regularly U￿ated and expanded to engage a broad audience and enhance the learning experien￿ acr055
the ste.
In addition to this self-diretted learningi we deliver a diverse pr￿rarnme of structured 8Jucational actiMtie5 tailored to specific
groups. Nursery groups and schoolchildren frequentty visit the farm to parbcipate in guided tours or explore independenuyi often
in combination with hands-on workshop5. During the year under wew, we welcomed over 3,000 children from schools across
Merton and neighbouring boroughs.
Our Livestock department and Riding School continue to play a key role in vocational training, providing meaningful wor*
ex￿rienCe OPPDrtunities for more than 160 students enrolled in animal care and equestrian studies. These short-term
placements, wnning thrDughout the year. ifftred practical. skn'lls-based leaming in a real-world environment.
We also continued to support young people facing challenges in mainstream education. Through Dur ongoing invofvement in the
Changing Lives Through Horses programme and partnerships that promde disccwnted room hire, we were able to offer altemative
pathways to engagement and development for those who need it most.

DEEN CITY FARM LIMITED (REGISTERED NUMBER: 02577067)
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND AC￿VrnEs
Volunteering
The range of volunteerfng opportunities is one of the Farm's most impc*tsnt contributions to the community. The popular Junior
Volunteering weekend scheme brings together young people (age5 12-17) from a range of backgrounds and promotes healthy,
educational, social, outdoor activity. Over 130 young Feople have attended over the year. Weekday volunteering is well-attended,
with adult volunteers working across all areas of the Farm. 40 volunteers attended most weeks.
Ilding Schc4Jl
The Riding SctK)ol taught 3640 lessons with 549 individual riders across the review period. Riders of all ablI￿leS can leam, return
and develop in a safe and friendly equestrian environment. Evening and weekend classes run in all weathers. In addition to this
the Riding School also runs pony rides for 2-7 year olds as well a5 Stables management and grooming workshops.
Health & Wellbeing
During the reporting period we continued to run health and wellbeing sessions with the Community Drugs and Alcohol Recovery
Se￿￿ (CDARS) this is the second year of a three-year programme funded by National Lottery. These sessions provide
partiopants with meaningful, therapeutic engagement in a calm and supwrtive environment.
In addition, we expafided our wellbeing offer by co11atr￿rating wth local partners to host innovative attivitles such as goat yoga
workshops and pilot art therapy sessions. TtrEse initiatives aim to support mentsl health, promote relaxation, and foster
community connection through creative and animal-assisted experiences. Our community garden continues to flourish as
welcomingi green space for refiection, learning, and social interactlon.
FINANCIAL REVIEW
Going concem
The Trustees consider that the charity has sufficient resour￿5 to continue in operational existence for the foreseeable future.
They therefore C(￿tinUe to adopt the going conwn basis while preparing the financial statements,
Financial Risk Management obiertives and policie5
The nature of the charity'5 attivities do not give rise to meaningful foreign exchange, interest rate, credit or liquidty risks. Income
is generally colletted ahead of attivities being delivered, or is received from donations and grants. Internal financial procedures
are reviewed regularly and payments require dual authority from managers, and the Fami's funds are held in accounts wlth a
major hlgh street bank.
Prfndpal fundlng sources
Fundlng comes from a combination of earned income generated on the Farm and grants, donations and occasional legacle& The
most significant ongoing grant continues to come from the London Borough of Merton, however in March 2022, the trustees
agreed with the Council tr) a phased reduction in the grant re￿iVed by 10010 per annum for five consecutlve years from the
flnandal year 2023124 onwards,
We remain deeply grateful to all our funders, whose 5UPPOrt enables us to deliver many of our core services. Notsbly this year,
we ￿ured a new sponsorship from Winn & Coales (Denso) Limited through their charitable foundation, the F.B. Coales No. 4
(Family) Trust. This generous commitment of £136,186, to be distmjrsed over three years, will support the Ong￿ng development
of our youth volunteering and Schools programme.
Review of the period
Details of the income and expenéiture in the year and the fund balances at the year end a￿ set out in the slatement of financial
activities.
Reserves policy
The charity has long held the poliLy that reserves should be built up to cover core expenses in the event that income is affected
by adverse Circumstan￿5. As part of this policy, the charity aims to maintain reserv￿$ equivalent to at least three m￿thS of
OFerab"onal costs, to ensure financial stability and conb'nuity of services during unforeseen disruptions.
Athieving this tsrget ￿MaInS a challenge, and the Board and staff remain fully committed to building and maintaining an
appropriate level of reseNe5 in line with this obJeLtNe.
Golng concern
The Tnjstees consider that the charity ha5 sufficient resour￿ to continue in operational existence for the foreseeable fvture.
They therefore conb'nue to adopt the going concem basis while preparing the financial statements.

DEEN CITY FARM LIMITED (REGISTERED NUMBER: 02577067)
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2025
PLANS FOR FUTURE PERIODS
Plans for the upcc¥ning financial year include..
Oeveloping our fundraising actimties including obtsining income from grants and sponsorships.
Continuing to build on our educational and health and wellLEing tKogrammes, including becoming a dementia
friendly site and increasing activities in our communty garden.
Rej'uvenating the picnic area and surrounding facilities to create a more welcoming and accessible space, made
px)ssible with funding from the Merton Council Qvic Pride.. Investing in Neighbourhoods Fund, Euroclear and
Merton Community Panel.
STrUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a company Ilmited by guarantee and was incorporated on 28 January 1991. The company was
established under a Memorandum of Association which establtshed the objects and Powers of the charitable company and is
governed under its Articles of Association. In the event of the company being W￿nd up, members are r4uired to contribute an
amount not exceeding £1.
Recruitment and appointment of new trustees
The directors of the charitable company ('the charity,) are its trustees for the purpose of charity law and throug1￿t this repjrt
are collectively referred to as the Board. Trustees are elected to the Board by memters of the charity. The chairman of the
trustees is elected by the Board of Trustees.
Oryanis*ional structure
The charitable company is governed by Its Trustee Board whlch Is reswnsible for setting the strategic direttion of the
organisation and the pjlicy of the charity. The Trustees carry the ultimate reqponsibility for the conduct of the charty and for
ensuring that it satisfies its legal and contrathjal obligations. The Trustee Board rneets at least quarterly and there are additional
meetings of appropriate members or groups as required. The day-to-day oFeratlon of the organisatSon has been delegated to the
General Manager and senior management team In addition, there is an exrErienced team of paid stsff and a substantial team of
volunteers who are key to provlding the services offered. by the charlty.
Risk management
The Trustees have assessed the major risks to which the charity is exposed, in porbcular those related to the operations and
finan￿5 of the charity, and are satisfied that Wems and prcKeJures are in place to mltigate expDsure to major risks.
The sources of the Fam's income continue to broaden, and the proportion of eamed income has risen. Management are working
to continue to r￿ju￿ the charity's dependen￿ on the funding it receives from the London Borough of Merton.

DEEN crry FARM UMITED (REGISTERED NUMBER: 02577067)
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02577067 (England and Wales)
Registered Charity number
1008028
Registered office
39 Windsor Avenue
Merton Abbey
London
SW19 2RR
Trustees
M N Linden - Chair
E Flanagan - Treasurer
J Crush (resigned $18125)
R Dollimo
J Grainger
H R L Nelless
KT Tumer
J Gaudoin (appointed 916125)
M Ruzzene (appointed 916125)
D R J Laird (resigned 916125)
L J Liell (resigned 2517124)
V H Challacombe (resigned 715124)
G W S Cheung (resigned 715124)
S J Conkling (resigned 715124)
L Davis (resigned 715124)
E Carder (appointed 1217125)
CMipany Secretsry
K T Tumer
Independent Examlner
Hartley FO￿er LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SWI9 4EU
Bankers
CAF Bank Limited
25 Kingshill Avenue
rlgshill
Kent
E17 SAH
TRUSTEES. RESPONSIBILrrY STATEMENT
The trustees (who are a150 the directors of Deen Cty Fami Limited for the purpws of company law) are respx)nsible for
preparing the ReFQrt of the Trust￿$ and the financial statements In accordance with applicable law and United Kingdom
Accwnting Standards (United Kingdorn Generally Accepted Accountt"ng Practi￿) induding Finanoal Reporting Standard 102 'The
Finanaal Reporting standard applicable in the UK and Republic of Ireland"

DEEN CITY FARM LIMITED (REGZSTERED NUMBER: 02577067)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
TRusfEES' RESPONSIBILrrY STATEMENT - continued
Company law requires the trustees to prepare financial State￿nts for each finanoal year which give a true and fair view of the
state of affairs of the charitsble company and of the incoming ￿SOUr￿ and application of resources, including the income and
expenditure, of the charitsble company for that period. In preparing those financial ststements, the trustees are required to
select sultsble accounting policies and then apply them con%stendyi
observe the methods and principles in the Charity SORP.
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concem basis unless it is inaFvropriate to p￿Surne that the charitable company
will conb-nue in busine55.
The trustees are responsible for keeping proper accounling records whith disclose with reasonable accuracy at any tlme the
financial wsition of the charitable company and to enable them to ensure that the financial 5tstements compty with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hen￿ for taking
reag)nable steps for the preventTon and detertion of fraud and other ir￿gUIar1tle5.
Approved by order of the board of trustees on 30 September 2025 and sSgned on Its behalf by:
M N Lir￿en - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
DEEN CITY FARM LIMITED
Independent examiner's report to the trustees of Deen City Farni Limited ('the Companv.)
I report to the charity truste&q on my examination of acCC￿nts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also ts directors for the purposes of company law) you are respoThslble the
preparation of the accounts in accordance with the requirements of the Q)mpanies Act 2006 (the 2006 Ad).
Having satisfied myself 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 report in resrect of my examination of your charity's accounts as carried out under Section
145 of the Charities Act 2DII C'the 2011 Art,). In carrying out my examination I have followed the Direction5 given by the Charty
Commission under Seth'on 145(5) (b) of the 2011 Att.
Independent examiner's statement
Since your charity's gross income exC￿ded £250,￿0 your examiner must be a member of a listed body. I can confimi that I am
qualified to undertake the examination because l am a rnern￿r of the Institute of Chartered Accountants in England and Wales,
which is one of the listed bodies,
I have completed my examination, I confirm that no matters have come to my attenb'on in connection with the examination
giving me cause to believe,.
accounts'ng records were not kept in resp*tt of the Compary as required by Seth'on 386 of the 20Q6 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requlrement
that the accounts glve a true and fair view which is not a matter considered as part of an independent examination. or
the accounts have not been prepared in accordan￿ with the methods and principles of the Statement of Recommend&J
Pract$￿ for accDunting and reporting by charities (applicable to charities preparing their accounts in ￿cOrdan￿ wyth the
Finanaal Reporknng Standard applicable in the UK and Republic of Ireland (FRS 102)).
have no concems and have come across no other matters in connection wSth the examlnatlon to which attention should be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jonatha
Askew
The In￿ltUte of Charte
Accountants In England and Wales
Hartley Fowler LLP
Chartered Accountants
4th Floor Tuits'on House
27-37 St George's Road
Wimbledon
London
SW19 4EU
Date..

DEEN CITY FARM UMITED
STATEMENT OF FINANCIAL AcrIvrrIES
(INCORPORATING AN INCOME AND EXPENDrruRE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funés
2024
Totsl
funds
Unrestiicted
fuThJ
Restritted
funds
Notss
INCOME AND ENDOWMENTS FROM
Grants and donations
364,419
39,764
404,183
250,859
Cfftaritsble activities
Riding school
Visitor se￿I￿S
Livestock and animals
General
166,946
144,039
97,903
3,036
166,946
144,039
9?,903
3,036
166,039
140,414
70,439
6,740
Investment Inccme
923
923
1,266
Totsl
777,266
39,764
817,030
635,757
EXPENDrnIRE ON
Charltable activltles
Riding school
Visitor wvlces
Llvestock and animals
General
206,083
173,825
119,043
261,317
8.510
16,353
8,510
3,722
214,593
190,178
127,553
265,039
168,400
12B,059
130,004
214.402
Total
760,268
37,095
797,363
640,865
NET INCOMEI(EXPENDrnIRE)
Transfers between funds
16,998
(150)
2,669
150
19,667
(5,108)
21
Net movement in fundj
16,848
2,819
19,667
(5,108)
RECONCILIATION OF FUNDS
Total funds tKought forward
111,388
111,388
116,496
T¢yfAL FUNDS CARRIED FORWARD
128,236
2,819
131,055
111,388
CONTINUING OPERATIONS
All income and exp￿ditUre has arisen from continulng activitres.
The notes form part of these financial ststements

DEEN CITY FARM LIMITED (REGIsfERED NUMBER: 02577067)
STATEMENT OF FINANCIAL posrrIoN
31 MARCH 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
13
24.105
34,460
CURRENT ASSErs
stocks
Debtors
Gish at bank
14
15
6,655
16,512
108,916
10,357
148,673
166,974
132,083
CREDITORS
Amounts falling due within one year
16
(57,370)
(42,062)
NEf CURRENT ASSETS
109,604
90,021
TOTAL ASSETS LESS CURRENT UABIUTIES
133,709
124,481
CREDITORS
Amounts falling due after rn0￿ than one year
17
(2,654)
(13,093)
NEf ASSETS
131,055
111,386
FUNDS
Unrestricted funds
Restricted funds
21
128,236
2,819
111,388
TOTAL FUNDS
131,055
111,388
The charltable company 15 entitl& to exemption from audlt under Section 477 of the Companles Act 2006 for the year ended
31 March 2025.
The members have not required the company to obtain an audit of its flnandal staternents for the year ended 31 March 2025 in
accordance with Sectlon 476 of the Q)mpanies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies
Act 2006 and
preparing financial sL*ements which give a true and fair view of the state of affairs of the charitable company as at the
end of each financial year and of its surplus or defKit for eath financial year in accordance with the requlrements of
Sections 394 and 395 and which otherwise compty wf(h the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the charitable company.
(b)
These financial statements have been p￿pared in accordance with the provisions applicable to charitsble companies subject to
the Small c￿1panIeS regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 Septsmber 2025 and were
signed on its behalf by..
M N Linden - Trustee
The note5 form part c¢ these financlal statrments

DEEN CITY FARM LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2D25
2024
Notes
Cash flows from operating activities
Cash generated from OFerations
57,175
5,659
Net cash prowded by oper*ing activities
57,175
5,659
Cash flows from investing actlvlties
Purchase of tangible fixed assets
Interest received
(8,160)
923
(1,760)
1,266
Net cash used In Investing aLtivities
(7,237)
(494)
Cash flow5 from flnancing actlvltles
Loan repayments in year
(10,181)
(9,931)
Net cash used in financing activities
(10,181)
(9,931)
Change in ￿$h and cash equivalents In
the reporting perlod
Cash and cash equivalents at the
beglnning of the reporting period
39,757
(4,766)
108.916
113,682
Cash and cash equivalents at the end of
the reportlng period
148,673
108,916
The notes form part c* these financial strtements
-io-

DEEN CITY FARM UMrrED
NOTES TO THE sfATEMENf OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
RECONCIUATION OF NET INCOMEI(EXPENDmiRE) TO NEf CASH FLOW FROM OPERATING AcTI￿nE5
2025
2024
Net Incomel(expendlture) for the reporting period (as per the
SLitement of Financial Activltles)
Adjustments for:
Depreliats'on charges
Interest received
Increase in stocks
Decreasel(increase) in detknrs
Ir￿rease in creditors
19,667
(5,108)
18,515
(923)
(1,289)
6,155
15,050
17,805
(1,266)
(604)
(10,194)
5,026
Net ash provlded by operations
57,175
5,659
ANALYSIS OF CHANGES IN NET FUNDS
At 114124
Cash flow
At 3113125
Net cash
Cash at bank and in hand
108,916
39,757
148,673
108,916
39,757
148,673
Debts falling due wlthln l year
Debts falling due ats i year
(10,183)
(13,093)
(258)
10,439
(10,441)
(2,654)
(23,276)
10,181
(13,095)
Totsl
85,640
49,938
135,578
The note5 f(m) part of these fIna￿la1 ststements
-li-

DEEN crry FARM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparlng the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared
in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial
Repjrting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. financial ststements
have been PrePa￿d under the historical cost convention.
o) Preparation of the accounts on a going concem basis
After making appropriate enquiries, the trustees have a reasonable expettation that the charity ha5 adequate resource5 to
continue in operational existence for the foreseeable future. For this rea￿n they continue to adopt the going concern
basis in preparing the financial statements.
Ir￿oMe
All income is rLrogni5ed in the Ststement of Financlal Actiirities On￿ the charity has entitlement to the funds, it is
probable that the income will be received and the amount can be measured ￿lIablY.
For legacies, entitlement Is taken as the earller of the date on which elther.. the charty Is aware that probate has b*n
granted, the estate has been finalised and notificatlon has been made by the executor{s) to the Trust that a distribution
will be made, or when a distribution is received from the estate. Re￿ipt of a legacyi in whole or in part, ts only
considered probable when the amount can be measured rdiably and the charity has been notified of the executoVs
intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting
of probate, and the crfteria for Income recognition have not been met, then the legacy Is treated as a contingent a￿et
and disclosed if material.
Gifts in kind donated for distribution are induded at valuats'on and recognised as income when they are distributed to the
pro]￿. Gifts donated for resale are inclucled as income when they are sold. Donated facilities are included at the value
to the charity where this can quantified and a third paty is bearing the cost. No amounts are included in the financial
Statements for services donated by volunteer5.
Donated services or facilitie5 are recognised when the charity has control over the itsm, any conditions aS￿dated wlth
the donated itsm have been met, the recelpt of economic benefit from the use of the charity of the Item is probable and
that economic benefit can be measured reliably. In accordance with the Charities SORP (FPS 102), the general volunteer
time of the Friends is not recognised and refer to the trustees, report for more information about thelr contributw)n.
On receipt, donated professlonal services and donated tscilities are recognised on the basis of the value of the gift to the
charity which is the amount the charity would have Leen willing tr) pay to obtain services or facilities of equivalent
economic benefit on the open market; a correswnding amount is then recognised in expenditure in the period of receipt.
Income tsx recoverable in relation to donation5 received under Gift Aid or deeds of covenant is r￿Qgnised at the time of
the donation.
Other income is recogni5ed in the period in which receivable and to the extent the goods have been provided or on
completion of the service.
Expendi￿re
Liabilities are r&rognised as expenditure as swn as there is a legal or constructive obligation committing the charity to
that expenditu￿, it is probable that a transfer of economic benefits will be required in settlement and the amount of the
obligab.on can be measured reliably. Expenditure is accounted for on an accruals basi5 and has been classified under
headings that aggregate all c05t related to the category. Where costs cannot ￿ directly attributed to pa￿cUlar headings
they have t￿en allocated to attivities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciats'on is provided at the following annual rates in order to wr￿e off each asset over its estirnated useful life.
15D/o on reducing balance
IOD/o to 25% on cost
15¥0 on reducing balance
Improvements to property
Plant and machinery
Fixtures and fittings
-12-

DEEN CITY FARM LIMITED
NOTES TO THE FINANCIAL sfATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POUCIES- continued
Tangible fixed assets
All assets costing more than £1,500 are capitalised.
stocks
stocks are valued at the lower of cost and net realisable value, after making due allowan￿ for obsolete and slow moving
items.
Cost includes all dirett costs and an appropnate proportion of fixed and variable overheads.
Taxatlon
The charity is exempt from corporatlon tax on its charitsble activities.
Fund accounting
General funds are unrestrlcted funds which are available for use at the dIsC￿tion of the trustees In furtheran￿ of the
general objectives of the charity and which have rK)t b￿n designated for other purposes.
Restrftted furKJs a￿ fuTrJs which a￿ to be us&J In accordance with specific restrictions ImpJ5ed by donors or which have
been raised by the charity particular purpo￿. The costs of raising and adminstering such fund5 are charged against
the specific fund. The alm and use of &ich restricted fund is set out in the notes to the finanoal statements.
Pension costs and other post-retirement benellts
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitsble
company's pension scheme are charged to the Statement of Financial Activitie5 in the perh￿￿ to which they relate.
Basic finandal Instruments
The charty only has financjal assets and financial liabilities of a kind that qualify as bdsic financial Instruments. Basic
financial instruments are initially recognlsed at transaction value and subsequentty measured at their 5ethement value
with the exception of bank loans which are subsequently measur&J at amortised cost using the effeive interest method.
Debtors
Trade and 0￿r debtors are recognised at the settlement amount after any trade dlscount offered. Prepayment are
valued at the amount repaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and in hand includes cash and short temi highly liquid investments with a short maturity of three months or
less from the date of acquisition or opening of the deposit or similar account.
Credltors and provisioni
Creditors and provisions are recognised where the charlty has a present obligation resultlng from a past event that will
probabty result in the transfer of funds to a third party and the amount due to settle the obllgatknn can be measured or
estimated reliably. CredIt￿S and provisiors are nomially ￿Cognised at their settlement amount after allowing for any
trade discounts due.
GRArirs AND DONATIONS
2025
2024
Donations
Legacies
Grants
282,120
155,339
2,0
93,520
122,063
404,183
250,859
-13-

DEEN crry FARM UMrrED
NOTES TO THE FINANCIAL STATEMEKfs - continued
FOR THE YEAR ENDED 31 MARCH 2025
GRANTS AND DONATIONS - continued
Grants receivoj, induded in the atove, are as follows:
2025
2024
LB Merton - Core funding
Southern Co-cp Green Fund November 2024
other grants
lack Petchey Fund
Communty Drugs & Alcohol Services
mer￿r5 Company
Coales No. 4 (Family) Trust
Merton Community Panel
67,920
1,000
76,372
17,148
1,800
8,650
5,000
22,693
15,000
122,063
93,520
INVEsfMENT INCOME
2025
2024
Deposlt account interest
923
1,266
INCOME FROM CHARrfABLE ACTivrrIES
2025
2024
Actiwty
Riding school
Riding sckTh)ol
Riding school
Visitor servi
Visltor Se￿IceS
Visitor seNices
Visitor seNces
Livestock and animals
Livestock and anirnals
Livestock and animols
General
Riding school
Shop and cafe
Education and craft
Shop and cafe
Educats'on and craft
Events and fundraising
Miscellaneous
Educatson and craft
Llve5toKk animals
Events and fundraising
MI￿lIaneOuS
149,051
3,304
14,591
39,969
9,793
90,807
3,470
13,177
58,480
26,246
3,036
166,039
41,470
3,561
95,342
41
10,658
59,781
6,740
411,924
383,632
CHARrrABLE AcrIvrrIES cosrs
Direct
Costs (see
note 6)
Supwrt
costs (see
note 7)
Totals
Riding schwl
visitor services
LivestLKk ar￿ animals
General
61,074
40,325
23,862
28,557
153,519
149,853
103,691
236,482
214,593
190,178
127,553
265.039
153,818
643,545
797,363
-14-

DEEN crry FARM LIMrrED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
DIREcf costs OF CHARrrABLE ACTivrriES
2025
2024
Training
Purchases
Education and craft
Care of livestock
Operation of stables
Telephone and utilities
Office supplies
other
1,457
19,723
388
41,691
25,015
30,617
10,830
24,097
1,246
17,634
51,631
22,593
8,233
7,961
16,144
153,818
125,442
SUPPORT cosrs
manageM￿t
Rldlng school
IAsltor serwces
vestock and anlmals
General
153,519
149,853
103,691
236,482
643,545
Suppjrt costs, Included in the above, are as follow5:
Manag￿ent
Riding
schoJl
sltor
servlces
and
animals
Wages
Sooal securlty
Pensions
Insurance
Advertising
Operational costs
Premises costs
Bank charges and interest
Loan interest
Independent examinerfs fees
Bookkeeping and accountancy
Depreaation of tsngible and heritsge assets
131,027
6,908
2,059
8,808
136,987
7,631
2,294
95,769
971
22
907
353
2,990
467
305
134
1,013
1,106
1,813
153,519
149,853
103,691
-15-

DEEN CITY FARM LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2025
SUPPORT cosrs - continued
Management- continued
2025
Totsl
activities
2024
Total
activities
General
Wages
Social security
Pensions
Insuran
Advertising
Operational costs
Premises costs
Bank charges and interest
Loan interest
Independent examinerfs fees
Bookkeeping and accountsncy
Depreciation of tsngible and heritage assets
62,596
4,979
1,389
15,679
2,100
51,948
63,662
2,614
426,379
25,017
6,713
24,487
2,122
53,160
65,255
8,430
467
1,870
11,130
18,515
364,356
19,115
5,350
19,382
1,598
56,814
14.890
6,150
720
1,800
7,443
17,805
1,870
11,130
18,515
236,482
643,545
515,423
NEf INCOMEI(EXPENDrruRE)
Net incomel(expenéiture) is stated after chargingl(crediting):
2025
2024
Depreciation - ¢)wned assets
18,515
17,803
TRusfEES' REMUNERATION AND BENEFITS
There were no trustees, remuneration or other beneffts for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees. expenses
There were no trustees, expenses patd for the year ended 31 Marth 2025 nor for the year ended 31 March 2024.
10. STAFF cosrs
The key management personnel of the charity comprise the Operatlons Manager, the LSvestrKk Manager, the Rlding
School Manager and the Visitor Experience man￿er as well as the trustees. The totrdl employee t￿nefts of key
management personnel of the charlty (induding ernployers NI) were £168,093 (2024 - £140,354).
The average Monthly number of employ￿ during the year was as follows:
2025
15
2024
15
Stsff
No employee5 received emoluments in excess of £60,000.
-iEr

DEEN CITY FARM LIMfrED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
ii.
INDEPENDErir EXAMINER'S REMUNERATION
2025
2024
Independent examination exd VAT
Accountsncy
1,870
2,130
1,81)0
2,050
4,000
3,850
12.
COMPARATThES FOR THE STATEMEKf OF FINANCIAL ACllVITIES
Unrestricted
fund
Restricted
funds
Totsl
funds
INCOME AND ENDOWMErifs FROM
Grants ond donations
233,719
17,140
250,859
Charltable activities
Riding 5cFK)oI
sltor services
Livestock and animaE5
General
166,039
140,414
70,439
6,740
166,039
140,414
70,439
6,740
Investment income
1,266
1,266
Totsl
618,617
17,140
635,757
expENDrruRE ON
Charltable actlvltles
Riding schjol
V151tor semces
Llvestock and animals
General
163,314
125,654
118,233
214,402
5,086
2,405
11,771
168,400
128,059
130,004
214,402
Totsl
621,603
19,262
640,665
NEf INCOMEI(EXPENDrnIRE)
(2,986)
{2,122)
(5,108)
RECONCILIATION OF FUNDS
Totsl funds brought forward
114,374
2,122
116,496
TOTAL FUNDS CARRIED FORWARD
111,388
111,388
-17-

DEEN crry FARM UMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
13.
TANGIBLE FIXED ASSErs
Improvements
to
propety
Fixtures
and
fitting5
Plant and
machinery
Totsls
cosr
At l April 2024
Additions
14,284
4,612
61,873
69,055
3,548
145,212
8,160
At 31 Marth 2025
18,896
61,873
72,603
153,372
DEPRECIATION
At l April 2024
Charge for year
12,065
910
41,092
15,468
57,595
2,137
110,752
18,515
At 31 March 2025
12,975
56,560
59,732
129,267
NEf BOOK VALUE
At 31 March 2025
5,921
5,313
12,871
24,105
At 31 March 2024
2,219
20,781
11,460
34,460
14.
srocKS
2025
2024
Animal gjpplies, shop and cafe
7,944
6,655
15.
DEufoRS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtors
Prepayments
4,D66
3,027
3,264
5,865
3,122
7,525
10,357
16,512
16.
CREDrroRS: AMOUNTS FALLING DUE ￿THIN ONE YEAR
2025
2024
Bank loans and overdrafrs (see note 18)
Trade creditors
S￿101 securfty and other tsxes
VAT
Other creditors
Accrua15 and deferred income
Accrued expenses
10,441
6,712
6.795
4,272
2,457
22.693
4,000
10,183
6,921
12,176
8,932
3,850
57,370
42,(￿2
-18-

DEEN crry FARM LIMITED
NOTES TO THE FINANCIAL sfATEMEKfs - cantinued
FOR THE YEAR ENDED 31 MARCH 2025
17.
CREDrroRS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2025
2024
Bank loarts (* note 18)
13,093
LOANS
An analp"s of the maturity of loans is given below:
2025
2024
Amounts falling due within one year on demand..
Bank loans
10,441
10,183
Amounts falling between one and iwo years:
Bank loans - 1-2 years
2,654
10,441
Amounts falling due t*￿en M and five years:
8ank loans - 2-5 years
2,652
19.
LEASING AGREEMENTS
The charty hdds a 20-year Fann Business Tenancy Agreement for land and bjildings at Bunce5 MeadDW, Morden Hall
Park, with The National Trust for Haces of Historic Interest or Naturdl Beauty. The lease commenced on 20 OctoLEr 2022
and has an annual rent of £1.
This lease arrangement provides a significant Con￿s1Onary benefft to the charity, which is cortsidered a material gift in
kind. While the full value of this benefit has not reccgnised in the financial statements, the trustees have assessed
the arrangement in accordance with the provisiors of FRS 102 and the Charities Statement of Recommended Practi
(SORP). The annual rentsl charge of £1 has been included within expenditure f(K the year.
20.
ANALYSIS OF NET ASSEfs BEfwEEN FUNDS
2025
Totsl
funds
2024
Total
fund5
Unrestrkted
fijnd
Restrided
funds
Flxed assets
Current assets
Current liabilities
Long term liabllitles
24,105
141,462
(34,677)
(2,654)
24,105
166,974
(57,370)
(2,654)
34,460
132,083
(42,062)
(13,093)
25,512
(22,693)
128,236
2,819
131,055
111,388
-19-

DEEN CITY FARM LIMITED
NOTES TO THE FINANCIAL sfATEMEKfs - contlnued
FOR THE YEAR ENDED 31 MARCH 2025
21.
MOVEMEKf IN FUNDS
Net
movement
in funds
Transfers
betsveen
funds
At
3113125
At 114124
Unrestricted funds
General fund
111,388
16,998
(150)
128,236
Re5trirted funds
Jack Petchey Fund
Community ttrugs & ￿cohol Servlces (CDARS)
Croundfunder
1,198
(150)
1,621
1,198
150
1,621
2,669
150
2,819
TiyfAL FUNDS
111388
19,667
131,055
Net movement In funds, includej In the above are as follows:
Incoming
Re9)urces
ex￿nded
Movement
in funds
Unrestricted fvnds
Generol fund
777,266
(760,268)
16,998
Restricted furKIs
Jack Petchey Fund
Community Drugs & Alcohol Services (CDARS)
Mercers Company
Croundfunder
Coales No. 4 (Family) Trust
1,800
8,650
5,000
1,621
22,693
{602)
(8,8¢)0)
(5,000)
1,198
(150)
1,621
(22,693)
39,764
(37,095)
2,669
TOTAL FUNDS
817,030
(797,363)
19,667
Comparatlves for mov¢m¢nt In funds
Net
movement
In funds
At
3113124
At 114123
Unrestricted funds
General fund
114,374
(2,986)
111,388
Restricted funds
Jack Petchey Fund
Mayols Q)mmunity Fund
1,2
922
(1,21XI)
{922)
2,122
(2,122)
TiyfAL FUNDS
116,496
(5,108)
111,388
-20-

DEEN CITY FARM LIMrrED
NOTES TO THE FINANCIAL sfATEMEKfs- continued
FOR THE YEAR ENDED 31 MARCH 2025
21.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the atx)ve are as follows..
Incoming
resour￿5
Movement
in funds
exFended
Unrestricted funds
General fund
618,617
(621,603)
(2,986)
Restrlcted funds
Jack Petchey Fund
Mayorfs Community Fund
WimbledonlLondon Communlty Fund
Together Fund.. Changing Lives Through
Horses
Communlty Drugs & Alcohol Servlces (CDARS)
(1,200)
(922)
(9.687)
(1,200)
(922)
9,687
3,003
4,450
(3,003)
(4.450)
17,140
(19,262)
{2,122)
TOTAL FUNDS
635,757
(640,865)
{5,108)
The restricted funds represent amounts that have been donated or grantsd to the farm on the Iklsis that they are used In
a speciflc manner. The exception to thi5 is the general fund where costs have been funded by grant giwng ty)dies to meet
the general Nnning overheads of the fami. These grants in particular a￿ partiojlarly appreciated due to the fleX1￿.11ty
they give us in managing the farm's ath'vitE£.
22.
RELATED PARTY DISCLOSURES
There were no ￿lated paty transactions for the year ended 31 March 2025.
ULTIMATE CONTROLLING PARTY
The trustees are the immediate and ultimate controlling party.
Each of the trustees sigr6 up as a "Friend of the Fam" and so makes a donation that varles be￿￿n £5 a month and £15
per annum. No other significant donations from tru*ees have been noted.
COMPANY LIMrrED BY GUARANTEE
The charity is a company limited by guarantee. The members of the company are the trustees named on page l. In the
event of the charity ba'ng wound up, the liability in respett of the guarantee is limited to £1 per member of the charity.
-21-