2023-03-31-accounts

Charity registration number: 1031940

Fresh Fields Enterprises

Annual Report and Financial Statements for the Year Ended 31 March 2023

KM Chartered Accountants 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG

Fresh Fields Enterprises

Contents

Reference and Administrative Details	1
Trustees' Report	2 to 3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Financial Statements	7 to 13

Fresh Fields Enterprises

	Reference and Administrative Details
Trustees	Mr K Bailey
	Mr N Beecham
	Mrs M Brindle
	Mr W Brindle
	Mr R G Glover
	Mr J Ormerod
	Mr G Salthouse
Secretary	Mr R G Glover
Charity Registration Number	1031940
Principal Office	Morecambe Lodge
	Cemetery Lane
	Off Rossendale Road
	Burnley
	Lancashire
	BB11 5QB
Independent Examiner	KM
	Chartered Accountants
	1st Floor, Block C
	The Wharf
	Manchester Road
	Burnley
	Lancashire
	BB11 1JG
Bankers	Lloyds Bank plc
	7 Manchester Road
	Burnley
	Lancashire
	BB11 1HT

Page 1

Fresh Fields Enterprises

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2023.

Objectives and activities

Objects and aims

The object of the charity as stated in its constitution dated 12th November 2019 is:

The general benefit of people with learning difficulties and/or physical disabilities in such manner as may be charitable and in particular through the provision of training facilities which shall equip such people to lead a full and satisfying life.

In particular this aims:

To create an opportunity for education and employment for disabled and disadvantaged adults and in so doing make the lives of its trainees more enjoyable and fulfilled, and

To use staff and volunteers to provide products and services to customers at a commercial rate.

Achievements and performance

This year has seen a steady improvement in our business, with more students enrolling throughout the year. However, any increase in business does not come without problems. The site's toilet facilities had become inadequate. In order to accommodate additional toilets, the outdated Reed Bed System needed to be replaced with a Septic Tank system, the total project came at a cost of £60,000. We were able to secure a “Better Care Fund” grant, via Burnley Borough Council, whom we thank for securing the funding.

The site is now future proofed in this respect and the project has enabled us to build a new toilet block at the opposite end of the site.

The Trustees are considering future plans which include acquiring an additional site for future expansion.

The age profile of the Trustees is such that they are seeking younger board members with the appropriate knowledge and experience to future proof the Board and to maintain the sustainability of Freshfields.

Whatever the Board endeavour to achieve, the focus is always aimed at the students in making their experience at Freshfields worthwhile and in giving them a better quality of life.

The trustees thank the staff team for the professionalism in the work they do.

Financial review

Policy on reserves

The Trustees have reviewed the Charity's needs for reserves in line with the guidance issued by The Charity Commission and have agreed to hold a general reserve in respect of unrestricted funds in the region of at least £150,000 over and above those reserves represented by unrestricted fixed assets within the Charity's balance sheet. The general reserve at the year end stands at £329,882 which is in excess of the agreed reserve. The excess will be used for development of the charity, including improvements to the leased property that we use.

Page 2

Fresh Fields Enterprises

Trustees' Report (continued)

Structure, governance and management

Nature of governing document

The organisation was a charitable company limited by guarantee, and converted to a Foundation Charitable Incorporated Organisation on the 12th November 2019.

Recruitment and appointment of trustees

The Trustees are appointed by existing Trustees as vacancies arise and/or additional skills are needed.

Organisational structure

Trustee meetings are normally held every two months and deal with matters affecting the compliance (legal and financial) of the Charity, as well as monitoring general well being and the efficiency and effectiveness of the running of the enterprise. Since the start of the pandemic trustees have met using electronic means.

Major risks and management of those risks

The Trustees have introduced a risk management process to assess financial and business risks and have systems in place to mitigate these risks. Internal risks are minimised by the implementation of procedures or authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the Charity. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the premises. These procedures are periodically reviewed to ensure that they still met the needs of the Charity.

The annual report was approved by the trustees of the charity on 16 November 2023 and signed on its behalf by:

......................................... Mr G Salthouse Trustee

Page 3

Fresh Fields Enterprises

Independent Examiner's Report to the trustees of Fresh Fields Enterprises

I report to the trustees on my examination of the accounts of Fresh Fields Enterprises for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity trustees of Fresh Fields Enterprises you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Fresh Fields Enterprises's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since Fresh Fields Enterprises's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Independent Examiners, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of Fresh Fields Enterprises as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... Mark Heaton FCCA FCIE DChA KM 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG

16 November 2023

Page 4

Fresh Fields Enterprises

Statement of Financial Activities for the Year Ended 31 March 2023

Note Income from: Donations 2 Charitable activities 3 Investment income 5 Other income 4 Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 15	Unrestricted funds £ 578 389,770 455 75,900 466,703 (388,369) (388,369) 78,334 78,334 433,697 512,031	Total 2023 £ 578 389,770 455 75,900 466,703 (388,369) (388,369) 78,334 78,334 433,697 512,031	Unrestricted funds £ 292 382,744 14 42,258 425,308 (329,114) (329,114) 96,194 96,194 337,503 433,697	Total 2022 £ 292 382,744 14 42,258
				425,308
				(329,114)
				(329,114)
				96,194
				96,194 337,503
				433,697

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 15.

The notes on pages 7 to 13 form an integral part of these financial statements. Page 5

Fresh Fields Enterprises

(Registration number: 1031940) Balance Sheet as at 31 March 2023

Note Fixed assets Tangible assets 10 Current assets Stocks Debtors 11 Cash at bank and in hand Creditors: Amounts falling due within one year 12 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 15	2023 £ 182,148 3,000 39,502 303,384 345,886 (16,003) 329,883 512,031 512,031 512,031	2022 £ 141,114 3,000 41,905 262,816
		307,721 (15,138)
		292,583
		433,697
		433,697
		433,697

The financial statements on pages 5 to 13 were approved by the trustees, and authorised for issue on 16 November 2023 and signed on their behalf by:

.........................................

Mr G Salthouse Trustee

The notes on pages 7 to 13 form an integral part of these financial statements. Page 6

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Fresh Fields Enterprises meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Income

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations

Donations are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 7

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Short leasehold and other interests in land and buildings 8% per annum on cost basis Tools and equipment 25% per annum on reducing balance basis Greenhouse and storage 25% per annum on cost basis Motor vehicles 25% per annum on reducing balance basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 Income from donations

Donations	Unrestricted funds General £ 578 578	Total 2023 £ 578 578	Total 2022 £ 292
			292

Page 8

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

3 Income from charitable activities

Placements Gardening and related services 4 Income from other trading activities Sales of goods Employment Allowance Grants receivable HMRC - Job Rentention Scheme LCC - Adult Care Infection Control Fund LCC Support grant	Unrestricted funds General £ 363,422 26,348 389,770 Unrestricted funds General £ 7,238 5,000 63,662 - - - 75,900	Total 2023 £ 363,422 26,348 389,770 Total 2023 £ 7,238 5,000 63,662 - - - 75,900	Total 2022 £ 356,489 26,255
			382,744
			Total 2022 £ 7,778 4,000 - 1,221 12,511 16,748
			42,258

5 Investment income

Bank interest receivable	Unrestricted funds General £ 455 455	Total 2023 £ 455 455	Total 2022 £ 14
			14

Page 9

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

6 Expenditure on charitable activities

Note Charitable activities Governance costs 7 Staff costs 9 Depreciation costs	Unrestricted funds Designated £ General £ - 60,584 - 5,580 - 303,240 18,965 - 18,965 369,404	Total 2023 £ 60,584 5,580 303,240 18,965 388,369	Total 2022 £ 59,735 4,320 247,502 17,557 329,114

7 Analysis of governance and support costs

Governance costs

Independent Examiner’s remuneration Bookkeeping and payroll services	Unrestricted funds General £ 2,360 3,220 5,580	Total 2023 £ 2,360 3,220 5,580	Total 2022 £ 1,140 3,180
			4,320

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses from the charity during the year.

Page 10

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

9 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were: Wages and salaries Social security costs Pension costs Other staff costs	2023 £ 275,036 14,788 11,768 1,648 303,240	2022 £ 225,661 11,276 10,565 -
		247,502

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Charitable activities No employee received emoluments of mo 10 Tangible fixed assets Short leasehold and other interests in land and buildings £ Cost At 1 April 2022 306,762 Additions - At 31 March 2023 306,762 Depreciation At 1 April 2022 172,751 Charge for the year 15,190 At 31 March 2023 187,941 Net book value At 31 March 2023 118,821 At 31 March 2022 134,011	re than £60,000 during the year Tools and equipment £ Greenhouse and storage £ 19,080 16,107 60,000 - 79,080 16,107 19,079 16,106 2,001 1 21,080 16,107 58,000 - 1 1	re than £60,000 during the year Tools and equipment £ Greenhouse and storage £ 19,080 16,107 60,000 - 79,080 16,107 19,079 16,106 2,001 1 21,080 16,107 58,000 - 1 1		2023 No 21 Motor vehicles £ 42,496 - 42,496 35,395 1,774 37,169 5,327 7,101		2022 No 18
						Total £ 384,445 60,000 444,445 243,331 18,966 262,297 182,148 141,114
		16,107
		16,106 1
		16,107
		-
		1

Page 11

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

11 Debtors

Trade debtors Prepayments 12 Creditors Trade creditors Other taxation and social security Other creditors Accruals	2023 £ 23,607 15,895 39,502 2023 £ 11,593 2,833 100 1,477 16,003	2022 £ 29,098 12,807
		41,905
		2022 £ 9,816 2,367 1,781 1,174
		15,138

13 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

Land and buildings Within one year Between one and five years After five years	2023 £ 4,150 16,600 70,550 91,300	2022 £ 4,150 16,600 74,700
		95,450

14 Pension scheme

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £11,768 (2022 - £10,565).

15 Funds

Page 12

Fresh Fields Enterprises

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

Unrestricted funds General fund Fixed assets Total funds Unrestricted funds General funds Fixed assets Total funds	Balance at 1 April 2022 £ Incoming resources £ Resources expended £ Transfers £ 292,583 466,703 (369,404) (60,000) 141,114 - (18,965) 60,000 433,697 466,703 (388,369) - Balance at 1 April 2021 £ Incoming resources £ Resources expended £ 178,832 425,308 (311,557) 158,671 - (17,557) 337,503 425,308 (329,114)	Transfers £ (60,000) 60,000	Balance at 31 March 2023 £ 329,882 182,149 512,031 Balance at 31 March 2022 £ 292,583 141,114	Balance at 31 March 2023 £ 329,882 182,149
		-		512,031
			433,697

16 Analysis of net assets between funds

Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets	Unrestricted funds General £ Designated £ - 182,148 345,886 - (16,003) - 329,883 182,148 Unrestricted funds General £ Designated £ - 141,114 307,721 - (15,138) - 292,583 141,114	Total funds at 31 March 2023 £ 182,148 345,886 (16,003)
		512,031
		Total funds at 31 March 2022 £ 141,114 307,721 (15,138)
		433,697

Page 13