Charity registration number: 1031940 Fresh Fields Enterprises Annual Report and Financial Statements for the Year Ended 31 Mar¢h 2025 Chartered Accountants 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BBII IJG
Fresh Fields Enterprises Contents Ref6Tence and Adtninistrative Details Trustees, Report 2to4 Independent Examiner's Report Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Financial Statements 9tol6
Fresh Fields Enterprises Reference and Administrative Details Trustees Mrs M Brindle Mr W Brindle Ir R G Glover Mr S Palmer Mr G Salthouse Secretary Mr R G Glover Charlty Registration Number 1031940 Prfinelpal Office Morecambe Lodge Cemetery Lane Off Rossendale Road Burnley Lancashire BBII 5QB Independent Examiner Chartered Accountants 1st Floor. Block C The Wharf Manchester Road Burnley Lancashire BBII IJG Bankers Lloyds Bank plc 7 Manchester Road Burnley Lancashire BBII IHT Page I
Fresh Fields Enterprises Trusteesl Report The trustees present the annual report together wÈth the finauctal statements of the charity for the year ¢nd¢d 31 March 2025. Trustees Mr N Beecham (resigned 2410312025) Mrs M Brindle Mr W Brindle Mr R Glover Mr J Onnerod (resigned 0210712025) Mr G Salthouse Thistee appointed following tbe year end Mr S PaImer (appointed 2210512025) Objectlves and alms The object of the charity as statsd in its constitution dated 12th November 2019 is: The general benefit of people with learning difficulties andlor 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. Tn particular this aims: To creats an Oppornity for education and employment for disabled and disadvantsged adults and in so doing make th¢ lives of its trainees more e4ioyable and fulfilled, and To use staff and volunte6rs to provide products and services to customers at a commerciaL rate. Achlevements and performance The year has seen another steady improvement for the charity, witb more students enrolling throughout the year and more sessions being held. This was achieved without any advertising of the services that the charity provides. This increase in students has also reflected in an increase in total income, which shows a charity that is continuning to grow and improve. 2025 2024 2023 Charitable income £633,245 60 £548,945 55 £406,703 51 Average monthly service users Average rnonthly placements 133 130 iii The income for 2023 represents total income (£A66,703) less a one off grant received for £60,000. The Trustee5, as part of the strategic plan for the charity. are considering expanding eitber the existing site or taking over additional premises in order to secure the future prospects of the charity and also to be able to offer its service to more individuals. Page 2
Fresh Fields Enterprises Trustees, Report (continued) As part of the continous improvcment to the current site the Trust¢es have approved the construction of a Sensory Pod to provide students with a quiet area. The age profile of the Trnstees 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 Fresh Fields. Two trustees, Neil Beecham and John Ornierod, have retired from the board in recent months and we are gratsl to theim both for the significant contribution to the work of the charity over many years. As the charity moves forward our focus of all the Thistees and Staff is to ensure that the students have the best service available. Given this, the Trustees would like to take this opportunity thank the staff team for the continued enthusiastic approach to their busy work schedule. Fin2nei21 revlew The charity's income has as previously stated increased this year due to both increase in service users and monthly placements alongside an uplift in the rate that the charity recetves from Lancashire County Council which in ApTLI 2024 was 8.70/0 for the service users, The surplus for the year decreased to £62,445 (2024: £95,924). The two main contributing factors are.. An increase in staff costs due to employing more staff to cover the increase in service users and placements the ¢harity now deals with, along with the rise in minimum wage and national tnsurance, with the charity having a policy of paying more tban tbe minimum amounL The charity has spent more money on repairs to the site this year. such as repairs to the electrical wiring and decoration to ensure the site is safe and in a condition that both the students and staff want to VlSLt alld work Pollcy on reserves The Trustees have revtewed 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 fimds in the region of at least £180,000 over and above those reserves represented by unrestricted fixed assets within the Charity's balance sh¢eL This year the charity invested funds which are retlected as the closedown reserve (£341,000), with further detail for this described in note 15. These funds plus the general fund (£154,379) give an unrestricted fund of £495,379 (2024.. £431,126), which is in excess of the agreed reserve requirement. The excess will be used for development of the charity, including improvements to the leased propety that we use. Structure? governance and management Nature of governing document The organisation was a charitable cornpany limited by guarantee, and converted to a Foundation Charitable Incorporated OTganisation on the 12th November 2019. Recrultment and appointment of trustees The Trustees are appointed by existing Trustees as vacancies arise andlor additional skills are needed. Organisational structure Trustee meetings are nomially held every two montbs and deal with matters affecting the compliance (legal aud fmancial) of the Charity, as well as monitoring general well being and the efficiency and effectiveness of the running of the enterprise. Since the start ofthe pandemic trustees have met using electronic means. Page 3
Fresh Fields Enteryrises Trusteesl Report (continued) M8jor risks and management of those rllsk8 The TTUStees have introduced a risk management process to assess financial and business risks and have system5 place to mitigats these risks. ]nternal risks are miniSed by the implementation of PTocedures or authorisation of all transactions and PTojects and to ensure consistent quality of d¢Eivery for all operational aspects of the Charlty. Procedures are in place to ensure compliance with health and safety of staf£ 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 8 December 2025 and signed on its behalf by: MT G Salthouse Trustee Page 4
Fresh Fields Enterprises Independent Examinerls Report to the trustees of Fresh Fields Enterprises I report to the tru5tses on my examination of the accounts of Fresh Fields Enterprises for th¢ year ended 31 March 2025. Respon5ibilitfie5 and basis of report As the charity trustees of Fresh Fields Ente[]Se$ 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 ¢aTrying 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 EnteriSes,S gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 201 l Act. I COnfM that l am qualified to undertake the examination because I am a member of the As50ciatÉon of Cbarity Independent Examiners, which is one of the listed bodies. I have completed my ex8mination. I confirni that no material matters have come to my attention in connection with the examination giving me caus¢ to believe that in any material respect: l. 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 witb those records; or 3. the acoounts do not comply with the accounting requirements concerning the fonn and content of accounts Set out in the ChaTltie5 (Accounts and Reports) Regulations 2008 other than any Tequirement 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 CokectiOn with the exatnination 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 FCIB DChA 1st Floor, Block C The Wharf Manchester Road Burnley LancashiTe BBII IJG 8 December 2025 Page 5
Fresh Fields Enterprises Statement of Financial Activities for the Year Ended 31 March 2025 Unrestricted funds Total 2025 Unrestrlcted funds Total 2024 Note Income frorn: Donations Charitable activities Other income Investment income 2,504 612,646 14,183 3,912 2,504 612,646 14,183 3,912 359 533.013 12,550 3,023 359 533,013 12,550 3,023 Total income 633,245 548,945 548,945 Expenditure on.. Charitable activities (570,800 570,800 (453,021 453.021) Totsl expenditure Net income 570,800 (570,800 453,021) 453.021 62,445 62,445 95,924 95,924 Net movement in funds 62,445 62,445 95,924 95,924 Reeoneiliation of funds Total funds brought forward 607,955 607,955 512,031 512,031 Total funds Caled forward 15 670 400 670,400 607,955 607,955 All of the charity's activitie5 derive from continuing operations during the above two periods. The thnds breakdown for 2024 is shown in note 15. The notes on pages 9 to 16 form an integral part of these financial statements. Page 6
Fresh Fields Enterprises (Registration number: 1031940) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets io 175.021 176,829 Current assets Stocks Debtors Cash at bank and in hand 3,000 56,149 456.789 515,938 20.559 3,000 48,227 385,207 436.434 11 Credltors: Amounts falllng due within one ye8r 12 5,308 Net current assets 495,379 431126 Net assets 670.400 607 955 Funds of the charity: Unrestrleted Income fund$ Unrestrictsd llds 670,400 607,955 Total funds 15 670 400 607,955 The fll)ancial statements on pages 6 to 16 were approved by the trustees, and authorised for issue on December 2025 and signed on their behalf by: Mr G Salthouse Thistee The notes on pages 9 to 16 forni an integral part of these finallcial Statements. Page 7
Fresh Fields Enterprlses Cash Flow Statement for the Year Ended 31 March 2025 2025 2024 Nots Cash Ilows from operating activities Net cash income 62,445 95,924 Adjustments to Cash flows from non-cash items Depreciation Invesknent income Loss on disposal of tangible fixed assets 30,165 (3,912) 21,325 (3,023) 3,694 117,920 88,698 Worklng capltal adjustments Increase in debtors Increasel(d¢¢rease) in creditors Net flows from operating activities Cash flows from Investlng actlvltles tnterest receivable and similar income Purchase of tangible fjxed assets Sale of tangible fixed assets Net cash flows from investing activities li 12 (7,922) 15,251 (8.725) 10.695 96,027 98,500 3,912 (28,357) 3,023 (20,000) 300 io 24.445 16,677 Net increase in cash and cash equivalents 71.582 81,823 Cash and ca5b equivalents at l April 385,207 303,384 Casb and cash equivalents at 31 March 456 789 385 207 All of the cash flows are derived from continuing operations during the above two periods. The notes on pages 9 to 16 forni an integral part of these financial statements. Page 8
Fresh Fields Enterprises Notes to the Financial Statements for the Year Ended 31 March 2025 l Aecountlng polieies Statement of compllance 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 RepubEic of ITelalld (FRS 102) and the Charities Act 2011. Basi5 of preparation Fresh Fields Enterprises meets the defmition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recogllised at cost or transaction value unless otherwise stated in the rel¢vant note(s) to these accounts. Going toneern The trustees consider that there are no material uncertainties about the charitys ability to continue as a going concern. 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 recolSed on a receivable basis when receipt is probable and the amount Can be reliably measured. Expendlture All ¢xp¢nditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement IS Tequired 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 ¢aunot be directly attributed to partirular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of tin]e spent, and depreciation charges allocated on the portion of the asset'5 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. Governanee eosts 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. Page 9
Fresh Fields Enterprises Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) Taxation Th¢ charity i5 considered to pass the tests set out in Paragraph I ScheduEe 6 of the Finance Act 2010 and therefore it meets the defltiOn of a charltable company for UK corporation tax PU0$eS. Accordingly) the charity is potentially exempt from taxation in respect of income or capÉtal gains Teceived within categories covered by Chapter 3 Part I l 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. Tangible fixed assets Individual fixed assets costing £500 or more are initially recorded at ¢ost, less ally subsequent accumulated depreciation and subsequent accumulated impainnent losses. Depreciation and anlortlsatlon Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, le55 any estimated residual value, over their expected useful economic life as follows: Asset class Leasehold propety improvements Tools and equiprnent Greenhouse and storage Motor vehicles Depreciation method and rate 8V/o per annum on c05t basis 250h per annum on reducing balance basis 250/0 per annum on Cost basis 25Q/o per annum on reducing balance basis Trade debtor5 Trade debtors are amounts due from customers for merchandise sold or servi¢es perfornied in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are Subsequently measured at amortlsed cost using tbe effective interest method, less provision for impaitment. A provision for the impairnient of trade debtors is established when there is objecttve evidence that the charity will not be able to collect all amounts due according to th¢ QTiginal terms of the r¢ceAvabl¢s. Fund structure Unrestricted income fund5 are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Designated fund5 are unrestricted funds set aside for specxfi¢ purposes at the discretion of the trustees. Penslons and other post retirement obligations The charity operates a defjned 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 contribution5 even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the cunent and prior periods. Contributions to defmed contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the exces5 is Tecognised as a PTepayment. Page 10
Fresh Fields Ellterprises Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 2 Income from donations Unrestricted funds General Total 2025 Total 2024 Donations 2.504 2,504 2,504 359 359 3 Income from charltable actlvlties Unrestrieted funds General Total 2025 Total 2024 Placements Gardening and related services 585,020 27,626 612,646 585.020 27.626 612,646 505,231 533 013 4 Other Income Unrestrleted funds General Total 2025 Total 2024 Sales of good5 Employinent Allowance 9,183 9,183 5,000 14,183 7,550 14,183 5 Investment Income Unrestricted funds General Total 2025 Total 2024 Bank interest ieceivable 3,912 3.912 3,912 3,912 3,023 3.023 Page 11
Fresh Fields Enterprises Notes to the Fillancial Statements for the Year Ended 31 March 2025 (continued) 6 Expendlture on charitable activilies Unrestricted funds Desffignated General Total 2025 Total 2024 Note Charitable activities Governance costs Staff costs Depreciation costs 99,633 47,829 393,173 99,633 47,829 393,173 64,126 44,313 319,563 25,019 453,021 30,165 30,165 540.635 570 800 7 Analysls of governance and support costs Unrestrieted funds General Total 2025 Total 2024 Note Staff costs Independent Examiner's remuneration Bookkeeping and payroll services 41,912 3,180 2,737 41.912 3,180 2,737 39.303 2,255 2,755 47,829 47,829 44,313 8 Trustees remuneratlon and expenses No trustees, nor any persons connected with the have received any remuneration from the charity during the year. No trustees have received any Teimbursed expenses from the charity during tbe year. Page 12
Fresh Fields Enteryrises Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 9 Staff Costs The aggregate payroll costs were as follows: 2025 2024 Staff Costs durlng the year were: Wages and salaries Social security costs Pension costs Other staff costs 394,342 22,797 14,052 3.894 435,085 324,618 17,218 12,372 4.658 358,866 The rnonthly average number of persons (including senior management I leadership team) employed by the charity during the year expressed as full time equivalents was as follows: 2025 No 2024 No Charitable activities 27 23 No employee received emoLuments of more than £60,000 during the year The total employee benefits of the key management personnel of the charity were £41,912 (2024 - £39,032). 10 Tanglble fixed assets Leasehold property improvements Tools and equlpment Motor vehleles Total Cost At l April 2024 Additions 306,762 60,000 28,357 48,996 415.758 28,357 At 31 March 2025 306,762 88,357 48,996 444,115 Depreciation At l April 2024 Charge for the year At 31 March 2025 203,133 15,191 6,800 9,974 28,996 5,000 238,929 30,165 218,324 33,996 269.094 Carrying amount At 31 March 2025 88,438 71,583 15,000 175.021 At 31 March 2024 103.629 53.200 20,000 176,829 Page 13
Fresh Fields Enterprises Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 11 Debtors 2025 2024 Trade debtors Prepayrnents 37,479 18,670 56,149 43,750 4,477 12 Credltors 2025 2024 Trade Creditors Other taxation and social security Accruals 12,783 4,919 139 3,312 5,308 13 Obllgatlons under leases and hlre pllrehase contraets Operating le2$e commltments Total tUre minimum Lease paellts under non-cancellable operating leases are as follows: 2025 2024 Land and bulldlngs Within one year Betw¢en on¢ and five years After fiv6 years 5,281 22,027 82.828 110.136 4,150 16,600 66,400 14 Pension scheme Deflned eontrlbutlon pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year Tepresents contributions payable by the charity to the scheme and amounted to £11,890 (2024 - £10,406). Page 14
Fresh Fields Enterprises Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 15 Funds Balance at 31 March 2025 Ba12nee at I April 2024 Incoming resources Resources expended Transfers Unrestricted funds General fund Fixed assets Closedown reserve 431,126 176,829 633,245 (540,635) (30,165) (369,357) 28,357 341,000 154,379 175,021 341,000 Total funds 607,955 633,245 (570,800 670,400 During the year it was decided that the charity would set aside some funds by investing them in high interest savings accounts. These funds would Tepresent emergency funding that will cover the closure costs should the cbarity need to cease due to fjjnding shortfalls. The fimd would also act as a way to keep pace with inflation due to the interest the invesLknent will generate. At the year end, no money had moved to the investrnent accounts as It was still being discussed by the Trustees how much would actually be invested. This was fjnalised following the year end with the fmnds beiDg transferred in July 2025, the total amount invested being £341,000. Balance at 31 March 2024 Balance at I Aprll 2023 Incoming resources Resources expended Transfers Unrestrlcted funds General funds Fixed assets 329,882 182 149 548,945 (431,696) 21,325 (16,005) 16,005 431,126 176,829 Total funds 512 031 548,945 453,021 607,955 Page 15
Fresh Fields Enterprises Notes to the Fillancial Statements for the Year Ended 31 March 2025 (continued) 16 Analysls of net assets b¢tiY¢en funds Total funds at 31 Mareh 2025 Unrestrlcted funds General Designated Tangible fixed assets CutTent assets Current liabilities 175.021 341.000 175,021 515,938 (20,559 670,400 174,938 (20,559 Total net assets 154 379 516.021 Total funds at 31 March 2024 Unrestrleted funds General Designated Tangible fixed ass¢ts Current assets Cuffent liabilities 176,829 L76.829 436,434 5,308 436.434 5,308 Total net a55ets 431,126 176,829 607,955 17 Related party transactions There were no related party transactions in the year. Page 16