Loinpany I'e8isli'atioJi nutjibei.: 02928901 Charity ITgistlBtion niiiiibei.: 1038078 Mires Beck Nursery (A company liiiiited by guarantee) Annual Rep)rt atld financial Statemettts for the Year Ended 30 September 2020
Mil'es Beck Nursery CDntellts RefeJEnee and Adiiiini8ts?tive Details Strategic Re)rt Tste¢S, Report 3kn7 Accountants. Report Independent ExaminePs Report Statement of Financial Activitie5 10 Balance Shcet Statement uf Cash Flows 12 Notes to the Financial Siatements 13to20
Mires Beek Nursery Refei-ence and Adiniuisti-ative Details ClIAirmaii Di. N Tiiikei. Trustees Mrs S Vodden Dr N Tii)ker Mr A Selby Mr C P Nelsot) Miss A Godley Ms K E Rooksby Mi" A Selby Secretaiy Priiiclpal Office Low Mill Lane Noi1h Cave BROUGI.I F.88t York5hiTe HU15 2NR The chai'ity is incoiporated in Englathd & Wales. 02928901 Cornpany Registration Number Ch#i.Ity Registi'Ation Nlber lQ38Q78 Independent LxAmiller CametDn Ferrtby & Co Bridge House 41 Wincoljnlee Kings(on upon Hull East Yorksliire HU2 8AG A¢eountAnts Cameron, Ferriby & Co Bridge House 41 Wineolmlee Kingston upon Flull East Yoil(shire HU2 8AG Page I
Mire8 Beck Niirscry Strategie Report for the Year Ended 30 Septembej. 2020 The Iiust¢e5, wlio air directors foi. the piii'w)ses of coinpany law. prescnt their strategi¢ repojl foi. the ycai. ended 30 September 2020, iii coinpliai)ce with s414C of the Conipanies Act 2006. inAncial i'evieiv Policy oil rÉservÉs The ¢harity lias a separat¢ bank account whicli provides the rnediurn for building up a it5eJve. Tlie trllstees have considered the IEquirein¢nt for a rcscrves policy and, foi. the year eovei.ed by these accounts, Iliey have deteriiiined tliat 'The policy of thc charity is to en5urc tliat sufficient funds arc available to cover its day to day expettditllie" Hoivevei., it reiiiains the desire of tlTre boa¥d tliai reseEves Ivill bc built up as cash flow peiynits. The rate of inve5tn)ent itito ilie Reserves A¢¢ounl is under consrant Irview. Iiivo¥liJieJitpoli¢y &iidobjeciiv Tlie ¢onipany lias iio financial investillent5 other tlian money lield at tlie bank for the convenience of liandling income alld expenditure r¢sulting from iioiTral activtty. Ppipicipol risks uiidiiiicei'loiiilies Risk Managéfrkie#i The trustees liave examined the major strategi¢. biisiness and opci'2tiortal Tisks which Ilie diarity faces. They confiim that Systems have been pllt in place to nionitor and report thcsc i'isks on a regulai. basis, ellabling the necessary steps to be taken to minitllise thein. There is, however. a firjn acceptance that wc liave no room foi. tomplaceney., (here is thw ¢oiitinuous assessment. The sti'alegic report was approved by the trustees of the charity on 7 June 2021 and signed on its behalf by.. Mi. A Selby Comparty Secretary and Trustee Page 2
Mires Bcek Niirsery Trustee5' Report The tyustees, wlio are directors for tlie PUTP05&S of conipaiiy laiv, preseiit tlie aniiual iiport togetlier with tlie fjnancial statements of tlic charitablc cojiipany for the yeai. ended 30 Septeniber 2020. Ti'ustee5 Mrs S Vodden Dr N Tinker MrA Selby Mrs P KeiThode {resigned 23 JanUY 20201 Mr C P Nelson Mis5 A Godley M5 K F,. Rooksby (appointed 30 Janiiaiy 20201 Objettives xnd activitie5 Obje¢ts aiid4iiiis The company has ihree stated objectives as follows: _ l. The relief of persons with a pliysical an(Vor learning disability, the eldeTly ahd peison5 sufferEng froni or recoveriiig froin niental illrtess, in particular by (lie provision of vocational training for suclj persons in liortictsltural and allied crafts. 2. To conserve, prote¢l and enhance the natural and physical envin)nm¢nt. 3. To advance the education of the geiieral public in horticultural and allied skills. Page 3
Mir&$ Beck Nursery Ti'ustees, Report Objecliv$, struleglés ll1$dtIVlllé.Y The term, 'a game of two1121ves" is a Inuch Used cliché. But there can be no better description of tliis past year. Oetobei. 2019 slaited full of liope and excitTng i)laii%. FoT¢lllOSt was 11)e ¢¢lebration of our 25th yeai. as a Rcoistcred CliaTity. With tliat iti mind. our main focus was to laun¢h die plan to extend ouv Anniver%ary Ciardeii. We planncd to double tlic numbei. of service Use there. cale a leacliillg and meeting fa¢ilily open to the public and open a iearoom. We a150 Inade many substantial iiiiprovEllletits to th¢ nur5¢1y. Ihe fflain %eptit tank was i"eplaced wjtl) a modein treatment system. An all terrain wlieelchait. wa5 bouglit. Sound baffling cloud5 iverc installed in the Oasis t IEmove the boomiiig and makc scrvicc useis fcel niore conifortable. New signage was installed with oui. new logo featuring great crested newt%. A new poly tunnel was installed. This list j5 tiot by any Ineans exhaustive. but gives ali i(fea of die vibi3ni a¢iivily tliat was goins OTh. Much af Ilie iiJvestnien( was funded by £rants and donations. and we are deeply grateful for the generosiry of those wlio have supported us. And theJE wej'e so matty other plans. We hoped to provide a plant honie delivery service. Wc boosted our tt production to gain a good fooiliold io a burgeoning niartiet. We were planning to make the Nurseiy an even iiiore attrdctive place to visit. And then canie March with its lockdown, closing the nursery to both custoniers and seivice useJ%. Fortunately in May the Nursery Teopened foi. Il)e sale of plants and both retail and wliolesale 5ellin8 of plants reconinienced. But by the year eiid we WTe still not able to kn.ing oui. seryice users back. TlieiE is a saying thai yOLi iievei. know liow precious somctliing is iintil it is takcn away fiom you. We have always inassively valued oui. service users, biii how we miss them. And for iiiany, Mires Beck has been a central part of their lives for many years. W¢ know ihey miss us. We are coJnInitted to doijig all in our power to have them back with us. Every possible safeguai'd and precautioi) is in place to achieve that goal. In the me2nlJme we have been making wttkly welfai'e calls to evely service user, i)roviding monthly a¢tivJty packs aiid rtiaking wliatevcr an2ngeinents were necessary to support aTEd meet people'5 needs. Throughout the whole of this difficult pei'iod, our staff and niany volunteers have been amazing. uiidertaking whatev¢i' tasks were necessary, learning new Joles and new skills. Thanks lo tlieii. effoils, plant sales liave held up in a way could nevei. liave expected, despite th¢ much shoit¢n¢d selling seasvn; sadly even so we fell short of our budget. We ¢onfimi that the Charity did not experience any serious incidents as defined by the Charity CoTnmis5ioller5. Nothing oc¢utTed ivhicli should have beeii drawn to the attention of ilie Charity Commisstoners and iva5 not. We also confiiin that the Trustees have Itviewed il)e Nu15ery's fJiian¢ial ¢onirols and policy during tlie reporting period and believe its overall f121ancial position lo be sound. Our Chaitei¢d Accouiitants, Canieroii, Ferriby & Co, have as ever been so lielpfiil io lis in thc Jnaintenat]ce of oui. fillancial recoi'ds and providing helpful support when we have needed it. Mires Beck Nursery beCne a RegisteiEd Charity in 1994. Since then we have been helped in so niatiy ways by a wliole raiige of people. Our staff are essejitial (o tlie quality of service we provide and iiiaintain. We apptefjiate all tlial they do so pix)fessionally in caring for oui. service users and our plants. We liave many voluntecrs 10 again play an invaluciblc part in our everyday life, bringing with them sucli a vaiied range of talcnls. Our support organisation, Friend5 of Mires Beck, continue to help lis by organising succ¢ssful events which inciease oli¥ faotfall and raising funds. Thcrc arc so many examples on 51te of a55ets which they have financed for us. To all who play a part in what we continlle lo achieve, 'we do appirciate youlJ* Over many yedl's, we have concluded our I'epott by expressing the fervent linpe that our'bottoni line, niight ever be a deteTinination nevei. to lose %ight of tlie vision wliich led to Mire% Beck being founded so Inng auo. T]iat stateiiient rciiiains at tlie forefront of our thinkin If we can enrieli the lives of those who ¢ome io us for care nd tixining, then our efforts will have been worthi¥hile.. Never has the stat¢m¢nt been moir meaningful. U.¥e of voluiiteer.f Volllnteei's are used in all aiyds of the charity's woi'k and there input and dedicatiot) to tlie continuance of the chaTity's aims is very mu¢Ji appTeciated. Page 4
Miro$ Beelc Nursery Trustees, Repoi't Going eoneern Tlie nursery will continuc to Irade as It always h85 and has no goiiig ¢oncem issiies foi. the up and coming yeays. Sti'uctulyy govtrnaiite #Md m#tk#gemeiit NuliiiE ofgoiyeriiiiig clocuNieiil Tlie charity is controlled by its goveiiiing documertt, Met)iorandom and Aiti¢5¢s of Asso¢iation, and constitutes a Itniited company. li2nited by guarantee, as defined by the Comparties, Act 2006. RécriiÉlfrJiÉiit ftiid oppoiiiliiienlofiriislees Tiustees arc recruited by invitation and then elected iii GeneTal Meeting. Potential Trustee5 are required to ¢omplete an application forni and provide a supportive staietnetit. We also requiie two JrfereJice5. and eiilianced DBS checks and evidence tl)at they air not disqualified iindej. the Charities Act from liolding office. Our application pack includes job description and pei*ort specifIcation. To pi'epair potential trustee5, we iiivite theni to a norillal meeting 50 that they can see liow tlie tharity 01)ei3tes. IFthey agiic to join the 1108rd, we give tliein copies of i'ecent iiiiniitcs, a briefing oti ongoin8 IS5ue5 and paper5 prepared by ihe Charity Cominis8ioners oji the responsibility of trustces. Wc also offcr individual Jneetings to answer any queries which may ai'ise. ArJ'aiigeIe1lts Jorsflliiig key iiiuiiageiiieiilpersoiiiiel rÉhsiiitÉrrttioii All remunerdtioii for all employees is set by the board of kn'ustees ai the reglllar quarterly Jiieetings. Orsuiiisolioiiolslrnclure The trustees etnploy a Genet21 Manager IGM), Karen Hall, to plan, organise and oversee the strategy of the Comwiy. GM reports to the trustees at board meeting5. Historically these have been held quarterly throughout the year. However durillll the Covid crisjs these have beeii held on line at fortnightly intervals based on the sub ¢onirtJittees detailed below. GM 15 5UPPOrted in this role by an Operations Manager, Sue Hwitt, responsible for the day to day wnning of the 'pl2iit" aspects of the nursery, and a Support Services Manager. Lorraine Pritcliard, responsible for the "people" aspects. To increase the effecliveness of th¢ Nuiseiy'5 nianagement, sub-cojnmittees comprising Inatjagers and trustees have been set up to look 8fter fiiiance and liuman resourceslhealth and safety. SupervisoTS and team Icaders are employed to pmvide oversight for tlic growing numbcr of peopl¢ with spccial needs wlio come to the nursery. They ILN)k after our At)tiiveiEary Gardeji, estate, garden4 hei'b productioji, kitclien, perennial pJDductioii. plant PTeparation and our eonseivation project. This latter iiicorpoJ2tes the growing of trees and wildfloweis. Iliey are wonderfiilly backed lip by a whole J'ange of staft'with th¢iT different talent5. In 'normal" titiies, we have almost one hundred service users comin8, on avcrage, foi. two day5 each week. In total, forty five people (full time equValent tweiity two) aTe now employed at the nursery. Staffing levels Are conslatjtly reviewed to ensure I]l all aspects of the nursery's life receive tlie support requiird to ii)ainiain the Iiigli st2ndai.ds we set for ourselves. 'rhe principal activity of the cotllpany is tlie plVision of horti¢ultuial ti?ining and work experience in a therapeutic enviiDnment for people with various disabilitics. Page 5
Mires Beclc Nursery Trustees, Report Major risks uRdiJittiitsgeJ>seiil of Iliose I'lsks Risk Mafr7ageipieii The trllstees liave exai)iined tlie tnajoi. strategic. biisiness and opei?lional iisks whidi tlie ¢hai-ity faces. They confinn that systei)Is liave been put in placc to Iiioiiitor and rept)rt ott thcse risk.8 on a regular. basis, enabling tlie necessaiy steps to be taken to niiiiiniise thcin. Thcrc is, liowever, a fill a¢¢eptance that we liavc no rooni foi. ¢oinpla¢eii¢y' tliere is thu5 Cojltinuous assessnienL Financial instruments Objeclives ajidpolicié The charity'5 activities expose it to a numIr of financial risl(s includiiig cirdit risk, cash flow risk and liquidity iisk. Thc charity m8iniains these I'isks by not comtllitting to any financial cojnmitment it ¢annot tuifil witli its current funds. Attention ha5 also been focussed OJJ non-fjnancial risks 2rising froni liealih and safety, fire aiid food hygiene. These Tisks are Inaiiaged hy etisuring accrcdilaliorts are up to date aiid tlie cliai'ity has Jx)busl policieg and procedures in place, tliere is also regulai. staff training foT tlie staff working in tliese areas. CasliJ7ow risk The charities activitlcs expose it to a sinall casli flow risk but on the whole tlie charity has enoiigh ndS io eater for all its activities on an on80in8 basis Crerfil pisk The cliaiity has no signifjcant concentration of ciEdit risk, with exposure Spread over a large number of counterparties and customers. Liquidily risk In ordei. to m&intaill liquidity to ensui'e that suffJfji¢nt fonds are available for ongoing operdttons and future developnients, thc charity never makes financial conimitiiientS it cannot fiiifjl at tlie lime. The trustee5 (who aTe also the directoi3 of Mires Beck NurseTy for the purposes of eonipany lawl are Tesponsible for preyai'itig tlie trustees. i'epori and tlie financial statements in accordance with the United Kiiigdom Accounting Standards {United Kingdorn Generally Accepted Accounting Practice) and applicable law and regulaiions. con1pY law iEqllires the tEUStees to prepare financial sÉatenients for each firjancial year. lJnder coinpany law tlie triistees Jnust not approve the fiiiath¢ial statemenls unless they are satisfied tliat they give a true and fair view of tlie state of affairs of tlie cliai'itable coiiipany and of its incoming resources and appli¢ation of Tesources. in¢luding ils incoine aiid expenditure, for tliat period. It) prepartng tliese financial 5tateineiits, tlie trustees are Tequired to.. select suitable a¢counting policies and apply them collsistently; observc thc Incthods 2nd PTlllCtples in the Chariti¢s SORP. Jnake judgements and estiinates tliat are reasonable and prudent,. state whetl)er applicable UK Accouiiting Standards liave been folloNv¢d, subject to any material depaitllirs disclosed and explained in the finantial statanenls. at)d prepare the financial statenients on tlie going conceni basis unless it is inappropi'iate to presume that the charitable coinpany will contlllue in business. Tjie ts'ustees are responsible for keepillg adequate accounting records that 2re suffi¢ieiit to show and explain thc charitdble cofflpany's ti?nsaLliuRs and disclose with reasoijable accui2cy ai any time tlie fInallcial posltion of the liai'itable conipany and ellable theni lo ensiiit Iliat tlie rtnhncial staleinents ¢oJiiply with Ilie Coinpallies Act 2006. "I'liey ale also rcsponsible foi. safeguarding ihe a%8et% of th¢ charitable company and lience for taking iaSonable steps foi. tlie prevention and dete¢tiot) of fraud and othci. ii'ir8ularities. Page 6
Mires Beeli Nursory Ti-ustees, Repoi't State.iJieitt of TJ'ustee5' Ilesi)onsibtlitiL¥ Tlie triiste¢s al'e respotisible ihe niainlenanee and integi-ity of tlie cotpoi?t¢ and financial iiiformalioii included on (lie chai-itable Lon)pany's website. Legislation in tlie United Kingdom governiiig tlie pi'epai'atjOD and dissemination of financi81 slalemejits Jiiay differ fJDni legislation in otlier jurisdictions. The aniiual repoi't was appived by tlie tiustees of tlie eharity on 7 June 2021 and signed on its belialf by.. ' A Selby Company Secretary Page 7
Mil'es Boek Nursery Iiidependeiil. Ei xamiiler's Report to the ti'iistees of Mil-es Beel( Nur,$cry l J'epoTt to tlit cliai'ity trListe&s OD ii)y cxaiiiitiation of the accounts of tlie ¢liai'ity foi tl)e year ended 30 Septnbel. ?.O?.O wliiGli ale 8tt oiit on pages 9 to 19. Respettive Responsib51xties of Ii'ustee5 and cxxtrtinei. As the Charity's trustees of Mires Beck Nursei"y {and also ils directois foi. thc piirposcs of Company law) YOLI are espon5ible foi tlie prcpai'ation of the aLcounts iti accoi'dance with tlic Irquir¢nienL% of thc Companies Act 2006 {'the 2006 Act,). Having sati.¥fied Jny%elf that the a¢¢ounts of Mires Be¢k Nursery are iiot requiiEd to be audited uiider Pait 16 of the 2006 Act and aiy eligible foi. independent exaiiiiiiation, I rtpoi'l in JEspeGt of Jny examillation of your charity's accounts as barried oiit uiidei. section 145 of tlie Chai'ities Act 20J E I'thE 201 l Aet.). In cai'iying oiit my examination I have folowed tlie Directl0115 giveii by the C'hai'ity Commission undcr 5e¢tion 145{5){bl of the 2011 Act. Independent txaminei 5 StAtement Since Mil'es BeGI( Nurseiy's £iDss income exceeded £250,000 youi. exaininer inu5t be a member of a hody listed in se¢tion 145 of the 2011 Act, I confirjn that l am qualifjed to undu'take the exainination because l am a member of ICAEW whicli is one of the lisled bodics. I liave completed iny exain&nation. I confIrm that ni) matteJE have coine to my attention in connection with the exaniiiiation giving me causc to believe.. aecouiiting ie¢oids were not kept itt I"espect of Mires Beck Nursery as required by section )86 o£the 2006 2. thc accounts do not accord with iliose i'ecords. or 3-. the actoiints da not comply with the accounting reqllii'cmcnts of se¢tion 396 of the 2006 Act other than any reqiiirement that the accounts give a 'truc Rnd fair view which is noi a mattel considered as part of all indepcndellt ex¥tmination' or 4. the accounts have not been PTepared in accordance with tlic methods and principles of the Statetnellt of Recomnellded Pd¢tIce for accoiinting and repoitlllE by Charities lapplicable to charities preparing their aGGoiints in accoj'dance witli the Finallcial Repoi1ino Stalldai'd applic2ble in t]ie LQ< aiid RepiibliG of Ireland {FRS 102)1. J liave no concents 2nd have cojtse across no other Inatters in connection with the exatnination to which attention should be drawn in this Jeport in ord¢i' to enable a plPer understandinE of ihe a¢collnts to be reached. ger Cameron Bridge l.louse 41 Wincolinlce Kingston upon Hull EA5t Yorkshij HU2 8AG 7 June 202I Page 8
Mires Becli Nursery statemeiit of Fi inaIiei41 Activities for the Year En(led 3(} September 2020 (Including Income aiid Ei xpendxture Accoiiiit and Statement of Total RecoLvnised Galns and IJosse.8) 'rntAI 2020 Uniestriete Resti'icted Note Income and Endoivm¢nt5 from.. Donations and Ic(paoiG8 Charitable aclivities Other trading tttivities Inve%tment income Ottiei" income 50.402 573,895 139,791 140 69,095 126,850 177,252 573,895 139,791 140 69,095 Total Incoine 833.323 126,850 960.173 4 xpenditllre on- Raising fldS Charitable activities Governan¢¢ costs {67,466) {700,491) (12,884 (2,125) (19,897) {69,591) (720,388) 12,8%4) Total ExpendituiE (780.841 (22,0221 (802,863) Net iiicome TiaiisfeTS between funds 52,482 35,936 104,828 {35.936 157,310 Net movement in funds 88,4l8 68,892 157,310 Recollciliation offllnd5 l-otal ndS brought foiward 618,203 38,046 656,249 Total funds carried fotvard 16 706,621 106,938 813,559 Tot#1 2019 Unrestricted Restritted Note Income Endowments from.. Donations and legacies C.haritablc a¢tivities Other trading activitt&8 tnvesttnent income 21,363 566,263 133.743 204 24,406 45,769 566,263 133,743 204 Total Income 721,573 24.406 745,979 Ilxpenditure on: iaisitjg fid5 Charitable activities Governance costs 177,8911 (626,395) 9,065 (77,891) (638,692) 11,745) (12,297) (2,680) Total ExpenditLtre {713,351) 14,977 (728,328 Net illcome 8,222 9,429 17,651 Net movement in fvnds 8,222 9,429 17,651 RetonciliAtiOIL offutids Total funds biDught foi'W.d Total rtds caiTicd foiivai'd 609,980 28,618 638,598 16 618.202 38,047 656,249 All of the cliai'ity's a¢livities derive froin ci>ntiiiuing operations during the above twts Periods. llie breakdown for 2019 is shown note 16. Tlie notes on pages 13 to 20 foi'm an integial part of these financi21 slatcineiits. Page 10
Mires BLck Nursery (Registration J)umber: 02928901) Balaiice Slieet as at 30 Septeinbei- 2020 2020 2019 Not¢ Fixed x5sets Taiigible assets 12 402,445 389,746 Curreiit assets Stocks Debioi's Casli at bank and in hand 13 14 78,128 66,312 295.403 41,756 66.633 189,303 439,843 297.692 Ci'editors: Amount.% fAlling due wittlin one year 15 {28,729) {31.189 Net euriertt assets 266,503 Net W5$ets 813,559 656,249 Funds of the chArity: Resti-icted incoine funds Restricted funds 106,938 38,Q47 Unrestrieted incomt fuiid$ Unrestricted fut]ds 706.621 618,202 Total funds 16 813.559 656,249 For the flnancial year ending 30 September 2020 the chai'ity wa5 entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small Companies. Directors. responsibilities.. Tiie mcmbei's liave not requii'ed tlie chai'ity to ob(ain an audit of its accounts for the yeai. in question in a¢coJ'dance widi section 476; and The directors a¢kiiowledge their rc5pon5ibilities for complying with the requirements of tlie Act with respect to accounting records amd the preparation of accounts. These accoutjts have been prepared in a¢£ordance with the provisions applieable to companies subj¢ct to tlie sma51 companies regime. The financial statenients on pages 10 to 20 were approved by th¢ trustees, aiid authorised for issue on 7 Julle 2021 and signed on their behalf by.. Mrs S Vodden Trustee Trustee Th¢ iiotes on pages 13 to 20 form integial part of th¢sc fiiiaiicial staiements. Pagell
Mires Beck Niirsery St8temeJit of Cash Flows for tlie Year Elided 30 September 2020 2020 2019 Note Cgsh floivs fi'om opei'atiiJ£ gctivities Net cash illcome 157,310 17,651 Adju5tment5 to cash noivs from non-Sh itenis r)epie¢iation Investniejit income 27.882 {140 25.908 204) 18S,052 43,355 Worklng capital adjustment$ Jocirase in stocks Dccrease it) debioi G)ecrcasellEn¢rease iii Cttditoi 13 {36,3721 321 2.460 15,0361 2.485 5,871 14 15 Net casli flows from operating a¢¢ivities 146,541 46,675 Cash floiv5 from investing a¢tivitie.% Interest itceivable and similar in¢oine Purchasc of tangible f(xed assets 140 40,5811 204 12,975 12 Net ¢asli flows from investing a¢tivities Net increase in ¢a5h and cash equivalents Cdsji and ¢ash equivalent5 at l Oetob¢r 40,441 2,7711 106,100 43,904 189.303 145,399 c.asli and cash equivalents at 30 Septejiibei. 295,403 189,303 All of the ¢asli tIow5 are derived from continuing opeiztlolls during t]Je above two periods. The notes on pages 13 to 20 foi'ni all inlegj'al parl of these finaticial 5tatement$. l)age 12
Mires Beck Nursely Notes to the Fiiiaiicial StAtemeiit5 for Ilie Year li nded 30 September 21)20 I Chavity status I'he charity is limited by shaiE capital. incoipoyated in England & Wales. The address of its registered ofyjce is= Low Mill Lane Norili Cave BROUGH F.ast Yoi'ksliire HU15 2NR These financial statements were authoi'ised foi. issuc by the trustees on 7 June 2021. 2 Aeeounting polieies Suijiinary of signifitant accounting ptslieies gild key &ccountlThg estimgtes The prin¢ipal accountijig policies apy)lied iii thc preparation of these financial statements are Set out below. These policies have been consistently applied to all the years pi'esented, Ullle5S Otlierwise stated. Statenieiil of collipli#rt¢e Tlic financial slateiiienls liave been prepared in accordan¢e with Accounting and Reporting by Cliarities: Staremetjt of ReconiDiendtd Practice apiilicable to charities pirparing tlieir accounts iii ac¢ordance widi the Financial Reportitjg Standard applicable in tlie UK and Republic of Ireland IFRS 102) {effective l Janudiy 20151 . (Cliarities SORP IFRS 1021), the Financial Reporting Standaixi applicable in the UK and Republic of Ireland {FRS 102). They also comply with the CompanEes A¢¢ 2006 alld ChaT&ties A¢t 2011. Basis of prepA Yatioii i ires Beck NuiEery Jiieels tlie defjiiition of a public benefit entity under FRS 102. Assets and liabilitie5 are inIli211y recognised at liistorical cost or transa¢tion valuc unles5 Otlierwise stated in tlie rel¢vant accounting policy notes. Going concern The trustees consider that ther¢ aiE no niaterial uncertaillttes about the oharity's ability to continue as a going concern noi. any sigi)ificaiit area5 of uii¢eitainty that affect the catrying valuc of assets held by the charity. Income and tndoii'ments All income is recogniseii once tlie charity has entitlenient to tlie income, il is probable th&1 the income will be Itceived and the of the income receivable can be nieasured reliably. lknpiali0115 aiid legucEes Donations air recognised when tlie chai'ity has been natified in writing of both tlic arnount and Settlement date. In the event that a donatjoll is subject to cotjditions that require a level of perfoimance hy the charity before ihe charity 15 entitled to the fi]nds, the income is defeired and not recognised until either those Conditions are fully met, or tlie fulfilinent of ihose condition5 is wl)olly within the eontrol of ihe cliarity and it is probable that these conditions will be fulfilled in thc Irportsng period. Expenditurc All expttnditure is recogni5ed once tlieie i5 a legRI or ConstructVe obligation to that cxpenditure, it is pi'obable settlemeiit is i'eqiiii'cd and tlie amouni can bc measur¢d reliably. All costs are allocated to the applicable cxpenditiiic lieading that aggrcgate similar costs to that category. Wliere c05tS Lannot be dii'ectly attributed to Particular Sicadings they liave been allocated oi) a basis coJisi5tent witli the use of re50urtes, with ceiilral staff ¢o%ts allocated on the basis of tinie sp¢Jit, and depreciation charges allocated on tlie portion of the asset's use. Olher support costs ale allocated based oli the spread of staff costs. Page 13
Mii-cs Becli Nur.sery Ni)tc$ to the Fii)an¢ial Statements foy the Year Ei iided 30 Septeinbei. 2020 R&i.¥iiJgJiiiids Th&s¢ are costs iiicurred in attra¢ting voluiitary income, tl)e manageinent of investments and those incui'red in Irading aclivitics that raise fiinds. Fuiid AcL'OUlJtlnE. (ieiieral fuIids air uiirestricted fuiids wliicli are av8ilable for use at the discretion of tlie Board of Trustee5 in tlie furiliei?ncc of tlie general objectives of tlie cliaiity, and in ac¢oi'dance with tlie consiitution. Designatcd fiind8 are amounts that liavc been pill aside at the discretion of Ilie boaiyl of Tj'iisiees. Resti'icted ndS are funds subject to specifi¢ Testriction5 imposed by the donors. Clioriloble ttcliviiie5 Cliaritable expenditure compi'iscs those costs incurrcd by the chai&ty In the delivery of its activjties and services for its benefi¢iaries. It includcs botli costs that can be alli)cated directly to such activities and those costs of an indireci natuir necessary to suppon thetn. Suppoi't costs Support ¢osts includc ccntral fun¢lions and liave been allocattd to activity cost categories on a ba515 COllSiStent with Ihe use of resources, fi)r examplE allocating property costs by floor arcas, oi. pei. capita, staff costs by ti)e titne spent tind orher costs by their usage. Governanee costs Tlicse ineludc the ¢05t5 attributable lo the chai'ity's conipliartce with ¢onstittEtional and statutory requireinellt5, including independant cxaininaiioii and strateiyic nianagctiient. TaxRtion The Cliarity 15 consideird to pass the tests Set out in Paragraph I Schedule 6 of the Finance Act 2a10 and therefore it mcets tl)e definition of a chai'ilable eompany for UK corporation t&¥ purposes. Accoilingly, the charity is potentially exempt from taxation in respect of income or capital gain5 received within categories covered by Chapter 3 Part I l of the Corporatioii Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Aet 1992, to the extent that such in¢onie or gains are applied exclusively to ehariiable purposes. T4nglble fixed assets Individual fixed a5setS Costing £150 or more are initially i'ecoi'd¢d at C05t, less any subsequent aceltmuiated depreciation and subsequent accumulated impairment losses. Depi'eciation and amoi'tisatio Depreciation is provided on tangible fixed assets $0 as 10 write off the cost or valuation, less any estiniated If5idual valu4 over their expected useful cconomi¢ life as follows: Asset clAss Land and buildings DepreeiAtion niethod and I'4te 20A on cost and rtil. JOO/o,15Yo, 25 /1) and330/0 on reducing balan¢e,' 4/ty 5 % IOOlo and 20/¢ on COSL Plant and machinery Stock Stock is valued at the lower of cosl and ¢5tiinaled selliJi8 price less Costs to cot]Iplete and sell, after due regard for obsolete and slow moving stocks. C05t is detei'Inincd usiIig the fLlSt-in, fii'st-out IFIFOI. Page 14
Mires Beck Nuisery Notes to the Financial Statemeiits (or the Year Elided 30 September 2020 Trade debioi's TTade debiors aiE an)aunt5 due froni customers fo¥ mercliandise 5ts1d oy SeiCe8 pcrformed in the ordinaiy couj'se of business. Tradc debtors air recognÉscd initially at tlie transactloll price. They are subseqiiently Measured ai amortised cost using the effective interest Incthod. less provision for ijllpairinent. A pJDvision for the impaii'iiitnt of trade debtors is cstablisl)ed wheii ihere is objective evideiice ihat the cliarÈty will not be able to collect all amouiits due a¢cordin£ to tlie orikFiiial tei'ms of tlie receivables. C%Lsh eAsh equivalents Cash and ¢ash equivalcnts coinpi'ise cash on hand and Call deposits, and othei. sliort-tei'm higljly liquid investtnents that are i'eadily conveitible io a known llOUi1t of casli and are siibject to an iiisiyifi¢ant risk of change in value. Ti'Ade creditors -rrade creditors aTe obligatii)ns to pay for goods or seivi¢es that have been acquii'ed in tlie ordinaiy tOUTse of business fi'om supplieis. Accounts payable air classified as current liabilities if ttie chai'ity docs not liave an uncollditional l'ight, at the end of tlie L'epoi1illS pei'iod, to defer settlement of tlie ct'editor foi. at le&%t twelvc months aftei. th¢ reportinu) date. If there is an unconditional riglit to defer settlement foi. at least twclvc months after tl)e repoilin&F date, they are presented a5 iion-Gurren¢ liabilities. 'I'rade creditors are Ireo8ni5ed initially at the transaction pi'ice and sllbsequently nieasured at amortised cost usino tlie effe¢tiv¢ interest metliod. Foreign exthAtige Transaction5 in foreign eurrencies air recorded at the rate of exchangc at the date of the trat]saction. Monetary assels and liabilities denomit)aled in foreign CUlTeE)¢ies at the balancc sheet date are reported at the tmtes of exchange prevailing at that date. The results of overseas operations air translated at tlie average Tates of exchange during the peTiod #nd their balance slieets at the IBies ruling at Ilie balan¢e slieel date. Lxchaiige differences arising on translation of the opening nel assets and results of oversea5 opeiatioiis arc reported in othei. ¢ompr¢liensive inconie and accutnulated in eqllity {8tt1'ibuted to ntsn-controlling interests as appropi"iate). Other cxcliange differences are reeognssed in the Statement of Finaticial Activities in the period 21) wliirh they arise except for.. 11 exchange diffei'eiices on trdllsactions erttered into to hedge certain foreign ¢uiYency risks (see above). 2) cxcliange differences arising on gain5 or losses on Don-monetary items which are recognised in other comprehensiv¢ income. and 3) in thc case of the consolidated fit]aiicial sta¢einents, exc]iat]ge differenGe5 on monctary items receivable from or payable to a foreign operation foi. wliich 5ettlemertt is ntiihci. planned nor likely to occur Ithei'cfore fOlg pait of die nel investnient in the foreign operatioiil, which are Tecognised in other comprehensive iiiconie alld repuited uiidei. equity. Fund structure UllrestriLted income funds are general funds that are available for iise at the tnistees'5 di5cretioll in fiiiiherance of die objectivcs of tlie chariry. Restricted income fi]nd5 are ttiose donated for use in a particular area or for spe¢ifi¢ purposes, the use of whicli 15 restricted to that area OJ. pui'p)se. Pagc 15
Mires Beck Nursery Notes to the fi inancial Statemei)t5 for the Year Elided 30 Septembei- 2020 3 Ineome fin1 doiiAtIOlls and legxcies Uni'tstricted funds Geiieral R¢strleted fuiids Total funds Donations and legacies. Donations f1M individuals 50,402 126,850 177,252 Total foi. 2020 50,402 126,850 177,252 Total foi. 2019 21,363 24,406 45,769 Page 16
Mires Beck NurseR Notes to tlie Tr inancial Statemeiits foi. the Year Elided 30 September 2020 4 Intome fi'om eli%y'it¥ble xttivities Unyesti'ieled fuiids Gcnei'al 'I'otal fiinds Scrvices to benefsciwies 573,895 573.895 Total for 2020 573,895 573,895 Total foy 2019 566,263 566,263 S Ineomt froni otlier tradiTLg aelivities lJiit'estricted runds Genci'al Total fuiids Tt'ading income. Sales of goods at)d services 139.791 139.791 TotAI for 2020 139,791 139.791 Total foi. 2019 133,743 133.743 6 Investnient Income Uni'esti'icted fuiid5 General I'otal funds InleiESt I'eceivable and %imilar Encome., Iiiterest receivable oji bank deposits 140 140 Tot21 foi. 2020 140 140 Total for 2019 204 204 7 Expenditure charitable activities Uni'esti'icled fllnds General Restricted funds Total funds Note Services to beneficiarie5 Goveriiance costs 700,491 12.884 19,897 720,388 12,884 Total for 2020 713.375 19,897 733,272 TolAI for 2019 635,460 14,977 650,437 Page 17
Mires BLLIC Nursery Notes to tlie Fiiiaileial 8tatemeiits for the Year Eiided 30 Sei)tember 2020 8 Analysls of govei'rjanee suppayt co$t8 GoveJ'n2neÉ eosts Uni-e5tricted fund5 Geiieral Re$tricted fuiids Total runds Independent examinei. fees Examinatioji o)f tlie financial statemenis Other fees paid to examiners Legal and pJY)fessional fees Other gove¥iian¢e Costs 1,390 4,385 5,226 1,883 1.390 4,385 5,226 1.883 Totgl for 2020 12,884 12,884 Total foj. 2019 9,065 2,680 11,745 9 Net iiicomingloutgolng iesourees Net incoming resources for the year in¢lude'. 2020 2019 Depreciation of fixed assets 27,883 25.907 10 ITidependent examiller'$ i'tnjuneration 2020 2019 Examination of the financial statements 1,690 Other fees to examiners other fees paid to exainitjers 4,385 4,232 Page 18
Mires Beck f4ursery Notes to the Fiiiaiieial Statements foi. the Yeai. Li nded 30 Septembei- 2020 l T2xgtioii Tli¢ charity i5 a registered charity and Es therefore exempt froiii taxation. 12 1 angible fixed assets Lxiid buildiTigs Furiiitui'e and equii)mei)t Ttstal Cost At l <)ctobcr 2019 Additions 337,120 349,253 40,581 686.373 40,581 AI 30 September 2020 337.120 -389,814 726,954 Depi'ecimtion At l October 2019 Chai'ge for the year 58,409 6.153 238,218 21,729 296.627 27,882 At 30 September 2Q20 64.562 259,947 324,509 Net book value At 30 September 2020 272,558 129,887 402,445 At 30 September 2019 278,711 111.035 389,746 13 Stoek 2020 2019 Stocks 78,128 41,756 14 D¢btors 2020 2019 Ti?de debtoi PirpayielS Other dcbtors 53,781 11,174 1,357 64,624 1,596 413 66,312 66,033 Page 19
Mires Beek Nursery Note5 to tlle fi iiiaJ)ci21 Statemeiits for tlie Year Ei iided 30 Septembej. 2020 15 Creditol's: #ivounts falliiig due witliin otje yeai. 2020 2019 Trade ¢ieditotS Other tat10Th and soci*&l seciii'ity Otlier ci'editors Al'll81S 6,391 14,590 $,467 14,159 4,077 4,486 4,371 28,729 31.189 16 FuTEds BAIAnce At Balance at I October 2019 30 Septemhcr 2020 Incomtng vesourees Re$our¢e$ expended Transfers Unre$tri¢ted fun(ts General 618.203 764,228 1780,841) 35,936 637,526 other 69,095 69,095 Total uthre$trleted funds 618,203 833,323 1780,841) 35.936 706.621 Restricted funds 38,046 22.022 35,936 106,938 Total funds 656,249 960,173 {802,863) 813,559 Bglance at 30 Sepleinber 2019 Balance at I Oetober 2018 Incoining resourtes Resources expended Uni'estricted funds General 609,980 721,573 (713,351) 618,202 R¢stYicted funds 28.618 24.406 14.977 38,047 Total funds 638,598 745.979 (728.3281 656,249 Page 20
Mires Beclc Nur.scry Detailed Statenient of Findiicial Activities for the Yeai. Ei nded 30 September 2020 TotAI 2020 Totgl 2019 Income F.ndowinents from: Donatioiis and Icgacie% lanalysed below) Charitable activities (at3alysed below) Oihei. Iradiiig a¢tivilies18nalyscd below) Inv¢stiMent income {analysed below) Other income {analysed below) 177,252 573.895 139,791 140 69,095 45,769 566,263 133,743 204 Total income 960.173 745,979 Expenditure on.. Raisi#g futids laiialysed below) Charitable activities laiialysed below) (69,591 J 1733,2721 177,891) 1650,437 Total expenditure 1802,863) 1728,328) Net ineoine 157,310 17,651 Net movement in funds 157,310 17,651 Reconclliation of fund5 Total fvnds brought forward 656,249 638,598 Total funds cai'ried foii¥ard 813,559 656.249 This page does not foi'jn part of tlie statt]tory fiiiancial statenienrs. Pagc21
Mire,s Beck Nursery Detailed Statemcnt of Fiiiancial Aetivities for the Year Ended 30 Sep¢ember 2020 Total 2020 TotAI 2019 DoJittlloii$ *Fidlegoeles Donatinns Do]]atioJis 126,850 50,402 24,406 21,363 177,252 45,769 Cliaiiiable &¢iivilids Fees Itteived 573,895 566.263 573,895 566,263 OtliÉi' Iradiiig acliiiilie Plant sales Canteeji sales Course fees 124,744 9,987 5,060 L39,791 112,083 18,449 3,211 133.743 1jives1té1tr1 iiscojiie Intei'est on cash deposits 140 204 140 204 Oiliei. ipico?11 Grants recejvable 69.095 69,095 Opelliniy stock Purchases Canteen ¢o%t5 Advertising and maiketing Adveitising alld njarkeling Shows and public relatiojis Course expenses Closing stock Telephone and fax Priiiting, postage and srationery Bank Charges (41,7561 (80,1791 {6,9671 {2,125) 15,499) {100) (36.720) {57,7341 {14,476) {2,039) (135) Jj 11,4Q8) 78,128 {1,7941 {5,0601 (2,83 11 {1,3351 41.756 (1.525) 13,502) 12,181) (77,891) 169.591) Clioritublé tstlivilies Wagcs and salaries Stdff NIC (Einploytrsl Staff peiisions {l)efiiied contribution)- pension scheffte I Staff trainill Rates T.ight, lieat artd }wer InsiiTan¢e IlepaiTS and iiiaiiitenance RepaiTS and maintenance Trade subscriptiot)s 1488,5791 {22,5941 119,1921 1331) {89.5} 19.632} 14,6141 {9,8901 153,7651 (3,0001 {445,241) {21,7751 {14,620) {1,613) {1,227) 19,142) 16,8681 (9.801) {24.551) This page doe5 not fortn part of Ilie statutory fiiiancial slatettients. P%ge 22
Miros Beek Nursery Detailed Statement of Financial Activities foi. the Yeai. fi4iided 30 September 2020 Total 2019 2020 Trade subscriptions Sundry expenses Traiispoit cost5 Vat paitial cxemption Vat paili41 exemption l)eprcciation of plant and ma¢liinery Trustees, insutznce Sundi'y expenses PayEDII and bookkeeping Independent examiiier's fee Legal aiid professional fee5 Legal and plfeSSional ftes 14,037) 16,625) (35,325) 17,007) (27,018) (27,884) (1.883) (2,330) (5,989) 149.2281 (2.496) 117.904) 125,907) {448) 14,385) 11.390) 14.232) (1,690) (2,6801 {2,682) 15,226) 1733.2721 650,437 This page d(xs not fomi pait of the statutory fitiallcial slatejnellts. Page 23