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2022-12-31-accounts

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

Financial Statements

YEAR ENDED 31 DECEMBER 2022

Charity Number 1050202 Company Registration Number 03112751

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

CONTENTS PAGE
Legal and Administrative Information 2
Trustees’ annual report 3 to 11
Independent Examiner’s Report 12
Statement of financial activities 13
Balance sheet 14
Cash Flow Statement 15
Notes to the Accounts 16 to 31

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

LEGAL AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31 DECEMBER 2022

Status

The charity is constituted as a company limited by guarantee, incorporated on 12[th] October 1995, registered under the Companies Acts (registration number 03112751) and its governing document is a Memorandum and Articles of Association. It was granted charitable status by the Charity Commission under number 1050202.

Trustees

The directors of the charitable company (“the charity”) are its trustees for the purposes of the charity law and throughout this report are collectively referred to as the trustees.

The Trustees who served during the year and since the year end were as follows:

Thomas Sheppard (Chair) Appointed 01 December 2022 Joanne Southwell Deborah Steele Malcolm Dodds Mike Collins Tamsin Egan Mark Richardson Christina Button Amy Coulthard Philippa Rogers Gwen James Michael Williams Georgina Service Resigned 12 October 2022

Registered Office

Bath City Farm Kelston View Twerton Bath BA2 1NW

Independent Examiner

Joanne Trowbridge MAAT - Bristol Community Accountants CIC The Park, Daventry Road, Knowle, Bristol, BS4 1DQ

Bankers

HSBC Unity Trust Bank 41 Southgate Four Brindleyplace Bath Birmingham BA1 1TN B1 2JB

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

The Trustees present their report and the unaudited financial statements of the charity for the year ended 31[st] December 2022.

Reference and administrative information set out on page 2 forms part of this report.

Structure, governance and management

The charity is constituted as a company limited by guarantee, incorporated on 12th October 1995, registered under the Companies Acts (registration number 03112751) and its governing document is a Memorandum and Articles of Association. It was granted charitable status by the Charity Commission under number 1050202. By operation of law all trustees are directors under the Companies Act 2006 and all directors are trustees under charities legislation and have responsibilities, as such, under both company and charity legislation.

New trustees are recruited with a mixture of advertising for specific roles or attributes and responding to unsolicited offers. The organisation has a clearly documented standard process prior to appointment which incorporates recommended good practice for safer recruitment.

The process includes an expression of interest, informal one-to-one meeting with an existing trustee, followed by a written application on a standard application form; a requirement to attend a minimum number of trustee meetings as an observer; and taking up two references and a DBS check. After that, if the decision to appoint is agreeable on both sides, they will be appointed as a co-opted trustee until the next AGM, when their appointment will be subject to election by members. New trustees are paired with an existing trustee and are required to read the following documents – Child Protection and Safeguarding Vulnerable Adults, Safeguarding Behaviour Code, Equality and Diversity, Respect and Personal Dignity and Health and Safety.

The Farm Director leads on the Farm’s strategy with support from a senior leadership team consisting of a Programme Manager (Adults), Programme Manager (Children, Youth and Families), People and Office Manager, Site Development Manager, Café Manager and a team of dedicated staff working in specialist impact areas.

The Board of Trustees have the following sub committees:

The Board of Trustees agree an annual budget, which then authorises the Farm Director to make spending and employment commitments that are provided for within the budget, without further reference to the Trustees.

Bath City Farm’s Job Ranking and Benchmarking Scheme, introduced in 2019 aims to as far as the Farm’s resources allow, pay staff a rate for their work which matches as closely as possible rates for comparable skills and responsibilities in similar third sector organisations. In practice, this is done for each post by identifying at least three comparable roles in other similar charities (ideally in the West of England) and using those to assess a “market rate”. The benchmarking process takes place every 2 years. All Pay Bands were reassessed in December 2021. In response to rising inflation and cost of living crises, there was an extraordinary review of salaries in 2022 which led to a cost-of-living increase for all staff, with

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

those on the lowest salaries receiving the greatest increase. The Farm also brought all staff onto the real living wage rate as a minimum.

Organisations providing support services to the Farm include:

HSBC, 41 Southgate, Bath BA1 1TN - Banking services Unity Trust Bank, PO Box 7193, Planetary Road, Willenhall WV1 9DG – Banking services Triodos Bank UK, Deanery Road, Bristol BS1 5AS – Banking Services Bath Building Society, 12 Moorland Road, Bath BA2 3PL – Banking Services Bristol Community Accountants CIC, Daventry Road, Bristol BS4 1DQ - Accounting services

Objectives and activities of the charity

Bath City Farm is a community hub and green oasis nestled between the neighbourhoods of Whiteway and Twerton, an area of multiple disadvantage and high-density social housing in the South of Bath, far removed from the Georgian splendour Bath is renowned for. From the beginning, our vision has been to build a healthy community rooted in nature, food, farming and each other. As a welcoming urban farm, we use our unique setting and targeted projects to educate, improve wellbeing and transform lives.

Bath City Farm exists to:

Starting life in the early 1990’s, the Farm has grown in response to demand and now supports over 800 people a year through a range of projects in horticulture, animal care, catering, retail and hospitality, wildlife conservation and land management. Aimed at supporting young people facing adversity, and adults with complex health and social needs, these projects grow confidence, social networks and teach new skills. We also maintain our site as a free-to-access community resource and welcomed over 50,000 visitors in the last year. The Farm also has extensive facilities, including a café, children’s playground, training kitchen, meeting room, outdoor amphitheatre, community allotments, and 37 acres of green space. We play a vital role for other local charities, education providers and organisations who benefit from using this unique outdoor space.

With over 25 years of experience in delivering projects for children, young people and adults, we have developed generational connections with many local families and individuals and strive to offer care holistically, whether individual needs are practical, emotional or social.

Public benefit

In shaping the objectives for the year and planning activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

Main activities to further Bath City Farm’s purpose for public benefit

To achieve this in 2022, we continued to run regular weekly sessions for adults, young people and families throughout the whole of B&NES but with a particular focus on our local communities of Twerton and Whiteway. Our social impact projects support a range of different child, family and adult groups, each facing their own challenges. The Farm delivers 12 unique targeted projects under two programme managers.

The Children, Young People and Families Programme:

Little Farmers - A nurturing group for children under 5 and their guardians, free to attend and focused on improving confidence and connection with others in the community.

Roots and Shoots - A toddler group for children under 5 allowing them to play and discover nature.

Farm Club – Two free weekly clubs for children aged 5-11 to enjoy the outdoors, improve their emotional resilience, physical health and social skills.

Saturday Club – A group for 5-11 to participate in farm and woodland activities and practice social skills.

Farm Hands – A weekly group for ages 11-16, building key practical skills and contributing to their community through caring for the site, the gardens, the animals and helping with events.

Youth Outreach – Work in the local community to reach young people 16-25 at risk of antisocial behaviour, bringing them into our programme that provides key support for their mental wellbeing.

The Adult Programme:

Roots to Health - Supporting adults with complex health and social needs.

Roots to Work – Supporting adults who are disadvantaged by the jobs market to gain vocational learning opportunities.

Make and Bake - A crafting and cooking group with a focus to improve people’s mental wellbeing.

Natural Pathways - A wildlife conservation group with a focus to improve people’s mental wellbeing.

EARTHworks - A horticultural therapy project tailored to meet the needs of adults living with learning difficulties.

FOODworks - A catering project for people with learning difficulties to increase confidence and skills.

Each project is centred around a different user group or activity such as horticulture, catering, animal care, conservation and crafting. We work closely with individuals, who each have a

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

dedicated Project Coordinator, to encourage personal development and provide structured activities to suit their needs. We also offer supported training and progression opportunities when people are ready to take that next step.

Our major focus is supporting people with mental health conditions often experiencing other complex issues such as substance misuse, domestic abuse, relationship difficulties, unemployment and homelessness. We aim to give people the support they need to achieve a sustained recovery and to rebuild their lives after a crisis or long-term period of mental illness.

We support people to thrive in their everyday lives and discover the tools and confidence to fulfil their potential, better manage their mental health, contribute to community development, and improve their quality of life. We provide non-medical psychiatric care within evidencebased community mental health activities. This is in line with our local NHS strategy to reduce dependency on medication and to reduce the length of, and at times completely avoid, psychiatric hospitalisation.

We also deliver specialist work development placements for people with a learning disability and educational courses and activities for young people and families facing adversity. As a Community Hub, we enable marginalised groups to connect with each other and have countless interactions that improve well-being and community cohesion.

Main achievements and performance

The Farm has emerged from Covid even stronger and with a clearer focus and we have been steadily re-building project participation numbers. The complexity of our work has gone up and we are having to respond to a greater demand for our services. We have grown our team by 47.5% FTE hours this year, to meet the increased delivery. We have gained additional multiyear grants to ensure the ongoing delivery of our mental health programme alongside the work we do with adults with learning difficulties and children and young people. This year marked the first year of our 2022 – 2024 organisational strategy. A summary of highlights linked to our six strategic aims is provided below:

Providing a rich programme of therapeutic, educational and lifelong learning opportunities: Adult Services

With additional management and fundraising capacity, we were able to secure two separate multi-year grants to continue our adult mental health services for the next 3 years. There have been substantial changes within the Mental Health Statutory sector resulting in less incommunity support and a higher level of need among people living with serious mental illness within the local community. This has resulted in our service dealing with more complex situations i.e. cases of attempted suicide and self-harm, and very high levels of anxiety and depression. As a result, we have increased our staffing levels and clinical support and training for staff.

Over the last year, Bath City Farm’s 'Roots to Health' Programme provided community mental health support to over 153 people facing enduring mental health challenges and other complex issues including substance misuse, homelessness, domestic violence and severe social isolation. Using nature-based interventions on the Farm’s beautiful 37-acre site, we support people on their journey to manage their mental health, provide support during a crisis and help them to make lasting changes to their lifestyles. We also supported individuals to progress onto work-based opportunities and other progression pathways. Our mental health projects

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

run twice a week throughout the year, providing purposeful, therapeutic and fun activities for up to 30 individuals per session.

Adult Mental Health Programme - since coming to the Farm people reported the following:

Some quotes from project participants:

“My mental health has improved immensely. I am two years sober, I have improved relationships, paid work and a home allotment. All areas of my life have improved dramatically.”

“Volunteering at the Farm allows me to stay mentally and physically more well, which enables me to maintain my employment or stay out of hospital."

“I now have less support – discharged from inpatient care and crisis team, and no current carecoordinator with recovery team.”

Building on the success of our Roots to Health programme and opportunities associated with our new cafe, in June 2022 the Farm launched its new Roots to Work Programme funded through the West of England Combined Authority. This project supports those furthest from the jobs market to access supported work placements in three employment areas, Catering and Hospitality, Grounds Maintenance and Horticulture. Since launch we have supported 54 individuals, 24% of whom have secured paid employment, 33% have become volunteers and 15% have entered further education.

Children, Youth and Family Services

The demand for our services for children and young people is at the highest it has been in years, with multiple enquiries per day. Referrals from schools is the most common, where exclusions, attendance refusal and mental health issues for under-18s have increased significantly following the pandemic.

In the last year, Bath City Farm’s Programme for Children and Young People has grown in response to demand. Our projects that take place in 'out-of-school' hours for ages 0-25 have continued to support high numbers of children and in some cases their families, with a total of 107 having accessed free services.

We have also launched our first year of Alternative Provision. A programme of sessions that are attended as part of the school timetable for pupils with diagnosed additional needs who have Educational Healthcare Plans. A total of 20 pupils have attended the scheme in our first

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

year, with referrals for next year already exceeding our current capacity. Ages of those referred vary, but we are increasingly seeing referrals for younger children as well as those in secondary school. Schools cite the effects of the Covid pandemic as a key factor in the need for our programme.

For young people classed as NEET (currently Not in Education, Employment or Training) we run a weekly skills sessions working towards AQA Unit Awards to support prospects and ambition. Our work with this age group is set to grow, with a new young people's mental health group and community outreach work, led by our experienced Youth Coordinator and new Youth Assistant.

The CYP team has also worked with 227 children on school visits and 56 under 11s as part of charged groups. The income from these is fed back into staffing our projects that are funded to be free for the community to join.

Our data for children and young people attending our funded projects shows:

Some quotes from project participants:

Under-5s parent: "I’m so pleased that the health visitor referred us to Little Farmers. It's become part of his routine. He sleeps better, is growing in confidence and his speech has improved so much."

Farm Club (aged 10) “Coming to Farm Club after school makes the difference between me having a good week and having a ‘no’ week."

Farm Hands (aged 14) "Before I came here I was lost, and now I’ve found something I actually want to do."

Skills Course (aged 17) "When I started, I didn't really want to do anything, but I kept coming with my support worker, and now I don't mind cleaning out the chickens and ducks because it means I get to see them. There's some that always come to me because I know how to hold them properly. I'd be here every day if I could."

Developing the Farm as a beacon of excellence tackling nature and climate emergencies

The Farm is a well-used important green space for people to access nature within a highdensity urban area, where housing developments and wild areas exist side by side. With

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

support from the National Trust and Avon Wildlife Trust we have developed and begun implementing a new 5-year site management plan for the Farm’s 37-acre site, promoting conservation and increasing habitat creation and biodiversity. The plan will see us seek funding to plant more trees and hedgerow, manage scrub and woodland and create new wildflower meadows and species-rich grassland. The land will be used more productively to produce food for local communities, improve carbon sequestration and other ecosystem services and provide a mosaic of habitats to increase biodiversity.

Producing high quality, affordable and nutritious food with local communities

Bath City Farm's new Community Cafe has completed its first year of operation, opening in late spring 2022. From the period May to December 2022, the cafe served over 13,000 customers and turned over a total of £79,419. The sudden increase in energy and employment costs have meant that the cafe has not made a trading surplus, but trustees are engaged in managing costs without damaging the community benefit. The cafe has added huge value to the community facilities onsite, becoming a meeting hub for local residents, substantially increasing footfall to the Farm throughout the year, and becoming another key facility through which we deliver social impact. The Café is a training facility working with people excluded from work to build confidence and skills.

Alongside this, the Farm developed a Food Produce and Farm Shop Business Plan with support from Lloyds Bank. This has set a route to developing more opportunities for retail of Farm-made products as well as upscaling the supply of produce to our own café. As part of this development, the Farm planted 175 fruit trees made up of 7 varieties of apple, 5 varieties of pear, as well as some cherry, plum, damson and green gauge. The trees were planted by 60 volunteers over a weekend. Tree guards were also added so that the meadow can continue to be grazed. Once matured, the orchard will provide an abundant supply of fruit to turn into Farm food products for sale in our shop and café.

Developing the Farm as a visitor destination

A range of site improvements have been made over the past 12 months. In addition to the new community Café, an improved children, youth and family’s area and roundhouse was completed in Spring. We also made infrastructure improvements such as extending wi-fi and electricity to the animal area of the site. This has allowed us to extend our CCTV network to help us keep the animals and site facilities safe.

As part of our collaboration with Curo as their charity of the year, they raised £10.8k towards the charity and refurbished our volunteer cabin kitchen, which provides all those who come to participate in volunteering activities at the Farm a well-functioning place to go for lunch and tea breaks.

To support more people to find out about the opportunities available at the Farm, a new website was launched, replacing the old site, which was slow and in need of updating. The new website was produced with support from West of England Growth Hub and Red Spark Digital. The new website allows us to promote the range of projects, public events and workshops at the Farm.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

Growing resilient and sustainable communities

The Farm has continued to provide leadership to the Twerton and Whiteway Network, a network of local third sector organisations working together to share resources, avoid duplication and address complex challenges in the area where we live and work. Drawing upon consultancy with Sustain Live we have developed further plans for funding for a Network Coordinator role to lead on community development and a community research grant to generate more data that can be used to inform the Network’s strategic priorities.

Financial Review

In response to a shortfall in core funding, the Farm launched a crowdfunding campaign at the end of 2022 and raised over £30k. In addition, grants secured in 2022 are as follows:

Our trading income in 2022 rose to £89,740 from £51,535 in 2021 as a result of the opening of our new cafe. Generating an increase in trading income is a key priority in our 2022-24 strategy.

The Farm ended the year with total funds of £912,018. Unrestricted reserves are £238,759 at the end of 2022. After taking account of future asset depreciation and redundancy reserve this equates to 5 months running costs.

Restricted funds total £107,836 at 31st December 2022.

Policy on Reserves

The Trustees have adopted a written policy on Reserves and Investments and aim to retain at least 6 months running costs held as Free/Unrestricted Reserves. Our monthly average running costs in 2022 were £43,000. The Trustees continue to keep the charity’s risks under review, particularly with regard to any major risks from time to time. The Farm is a low energy user, as in 2022 we used less than 40,000 kWh.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2022

Responsibilities of the Trustees

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the charity’s trustees/directors:

25/8/2023

……………………………………………. Date ………………………………………………

Thomas Sheppard – Chair of Trustees

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BATH CITY FARM

Independent Examiner’s Report to the Trustees

YEAR ENDED 31 DECEMBER 2022

_____________

I report to the charity trustees on my examination of the accounts of Bath City Farm for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, and the related notes.

Responsibilities and basis of report

As the trustees (and also directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act).

Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

As the charity'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 MAAT.

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

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.

It should be noted that Bristol Community Accountants provide bookkeeping services to Bath City Farm. I confirm that my duties are segregated, and I am not involved in the day-to-day bookkeeping matters of the farm.

Joanne Trowbridge MAAT …………………………………………
Bristol Community Accountants CIC
The Park, Daventry Road, Knowle 25/8/2023
Bristol BS4 1DQ Date .................................................

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 DECEMBER 2022

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
Total
Expenditure On:
Raising funds
7
Charitable activities
8
Other
9
Total
Net income/(expenditure)
Transfers between funds
16
Net income/(expenditure) before other
gains and losses
Net movement in funds
Total funds brought forward
Total Funds Carried Forward
16		 General
Funds
£
195,566
55,273
89,740
749
-		 Restricted
Funds
£
252,057
-
-
-
-		 Total Funds
2022
£
447,623
55,273
89,740
749
-		 Total Funds
2021
£
782,442
30,609
51,535
140
250
341,328 252,057 593,385 864,976
123,312
187,572
6,471		 57,250
142,450
-		 180,562
330,022
6,471		 59,246
293,174
4,520
317,355 199,700 517,055 356,940
23,973
347,707		 52,357
(347,707)		 76,330
-		 508,036
-
371,680
371,680
432,502		 (295,350)
(295,350)
403,186		 76,330
76,330
835,688		 508,036
508,036
327,652
804,182 107,836 912,018 835,688
TRUE TRUE

All of the activities of the charity are classed as continuing

The notes on pages 16 to 31 form part of these financial statements

As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

Details of the allocation of 2021 total funds between unrestricted and restricted are shown in note 18

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

BALANCE SHEET

YEAR ENDED 31 DECEMBER 2022

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Livestock
Cash at bank and in hand
Total current assets
Creditors : Amounts falling
due within one year
15
Net current assets or liabilities
Total net assets or liabilities
The Funds of the Charity
16
Restricted funds
Unrestricted funds		 2022
£
553,423
72,187
2,935
307,345		 2021
£
207,119
42,062
4,645
599,539
382,467
(23,872)		 646,246
(17,677)
358,595 628,569
912,018 835,688
107,836
804,182		 403,186
432,502
912,018 835,688

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

25/8/2023

These financial statements were approved by the trustees on ….................. and are signed on their behalf by:

Director Thomas Sheppard

Director Mark Richardson

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

YEAR ENDED 31 DECEMBER 2022

STATEMENT OF CASH FLOWS

YEAR ENDED 31 DECEMBER 2022

Cash flows from operating activities:
Net (expenditure)/income
Adjustments for:
Depreciation of tangible fixed assets
Other interest receivable and similar income
Changes in:
Stock
Trade and other debtors
Trade and other creditors
Cash generated from operations
Interest received
Net cash from operating activities
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activities
Net Increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2022
£
76,330
5,496
749
1,710
(30,125)
6,195		 2021
£
508,036
3,631
140
210
(37,347)
(18,798)
60,355
(749)		 455,872
(140)
59,606
(351,800)		 455,732
(175,370)
(351,800)
(292,194)
599,539		 (175,370)
280,362
319,177
307,345 599,539

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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

1 Accounting Policies

Basis of preparation

These accounts 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.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

The charity meets the definition of a public benefit entity as defined by FRS 102.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Income Recognition of income Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related expenditure Where income has related expenditure the income and related expenditure is reported gross in the SoFA. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on donations and Income from tax reclaims is included in the SoFA at the same time as the gifts gift/donation to which it relates. Donated services and facilities

Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates. These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on revaluation of This includes any gain or loss resulting from revaluing investments to fixed assets market value at the end of the year. Gains/(losses) on investment This includes any gain or loss on the sale of investments. assets

The value of any volunteer help received is not included in the accounts. This is included in the accounts when receivable.

- 16 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

Expenditure

Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on raising funds These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs. Expenditure on charitable activities These comprise the costs incurred by the charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Tangible fixed assets are carried at cost less accumulated depreciation and impairment losses.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and Fittings 10 % straight line
Office Equipment 33 % straight line
Plant and Equipment 20 % straight line
Café & Orchard 4 % straight line
Site Structures 20 % reducing balance

Livestock

Livestock is included at the lower of cost or net realisable value.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

- 17 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Income and Endowments From:

3 Donations and Legacies

Donations & Gift Aid
Memberships
Grants
Donations and legacies - prior year
Donations & Gift Aid
Memberships
Grants		 Unrestricted Restricted
Funds
Funds
£
£
122,248
500
151
-
73,167
251,557		 Unrestricted Restricted
Funds
Funds
£
£
122,248
500
151
-
73,167
251,557		 Total Funds
2022
£
122,748
151
324,724		 Total Funds
2021
£
79,362
114
702,966
195,566 252,057 447,623 782,442
Unrestricted
Funds
£
77,862
114
64,169		 Restricted
Funds
£
1,500
-
638,797		 Total Funds
2021
£
79,362
114
702,966
142,145 640,297 782,442

4 Charitable Activities

Site Income
Building Income
Events
Activity Fees
Charitable Activities - prior year
Site Income
Building Income
Events
Activity Fees		 Unrestricted Restricted
Funds
Funds
£
£
4,447
-
5,017
-
1,253
-
44,556
-		 Unrestricted Restricted
Funds
Funds
£
£
4,447
-
5,017
-
1,253
-
44,556
-		 Total Funds
2022
£
4,447
5,017
1,253
44,556		 Total Funds
2021
£
958
3,100
363
26,188
55,273 - 55,273 30,609
Unrestricted
Funds
£
958
3,100
363
26,188		 Restricted
Funds
£
-
-
-
-		 Total Funds
2021
£
958
3,100
363
26,188
30,609 - 30,609

- 18 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

5 Other Trading Activities

Other Trading Activities
Café Receipts
Animal Income
Traded Income
Other Trading Activities - prior year
Café Receipts
Animal Income
Traded Income		 Unrestricted Restricted
Funds
Funds
£
£
79,419
-
7,198
-
3,123
-		 Total Funds
2022
£
79,419
7,198
3,123		 Total Funds
2021
£
31,557
3,498
16,480
89,740 - 89,740 51,535
Unrestricted
Funds
£
31,557
3,498
16,480		 Restricted
Funds
£
-
-
-		 Total Funds
2021
£
31,557
3,498
16,480
51,535 - 51,535

6 Investments

Bank Interest
Investments - prior year
Bank Interest		 Unrestricted Restricted
Funds
Funds
£
£
749
-		 Unrestricted Restricted
Funds
Funds
£
£
749
-		 Total Funds
2022
£
749		 Total Funds
2021
£
140
749 - 749 140
Unrestricted
Funds
£
140		 Restricted
Funds
£
-		 Total Funds
2021
£
140
140 - 140

- 19 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

Expenditure on:

7 Raising Funds

Trading Costs
Café Supplies
Café Salaries
Fundraising costs
Raising Funds - prior year
Trading Costs
Café Supplies
Café Salaries
Fundraising costs		 Unrestricted Restricted
Funds
Funds
£
£
3,159
-
31,749
13,110
52,143
16,601
36,261
27,539		 Unrestricted Restricted
Funds
Funds
£
£
3,159
-
31,749
13,110
52,143
16,601
36,261
27,539		 Total Funds
2022
£
3,159
44,859
68,744
63,800		 Total Funds
2021
£
2,117
9,785
22,644
24,700
123,312 57,250 180,562 59,246
Unrestricted
Funds
£
1,510
9,785
22,644
14,404		 Restricted
Funds
£
607
-
-
10,296		 Total Funds
2021
£
2,117
9,785
22,644
24,700
48,343 10,903 59,246

8 Analysis of Expenditure by Activities

Activities

Mental Health activities
Roots to Work programme
Youth & Family programmes
Other Educational projects
Animals
Mental Health activities
Youth & Family programmes
Other Educational projects
Animals		 undertaken
directly 2022
55,366
13,070
46,131
33,425
36,127		 Support
costs 2022
43,874
10,357
36,556
26,488
28,628		 Total Funds
2022
99,240
23,427
82,687
59,913
64,755
184,119 145,903 330,022
Activities
undertaken
directly 2021
63,354
30,778
17,184
19,952		 Support
costs 2021
78,141
37,962
21,194
24,609		 Total Funds
2021
141,495
68,740
38,378
44,561
131,268 161,906 293,174

- 20 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

Analysis of Direct Costs:

Staff Costs
Animal Costs
Site Maintenance
Staff Training
Volunteer Expenses
Other Expenses
Staff Costs
Animal Costs
Site Maintenance
Staff Training
Volunteer Expenses
Other Expenses		 Mental
Health
Activities
50,756
-
99
138
3,997
376		 Roots to
Work
9,714
-
1,859
400
525
572		 Youth &
Family
40,651
-
4,668
-
46
766		 Other
educational
projects
29,181
-
885
675
201
2,483		 Animals
14,278
12,479
9,077
-
47
246		 Total
Funds 2022
144,580
12,479
16,588
1,213
4,816
4,443
-
55,366 13,070 46,131 33,425 36,127 184,119
Mental
Health
Activities
58,234
-
169
1,825
2,988
138		 Roots to
Work
-
-
-
-
-
-		 Youth &
Family
23,043
-
7,508
-
28
199		 Other
educational
projects
15,344
-
-
31
265
1,544		 Animals
6,729
8,983
3,793
113
68
266		 Total Funds
2021
103,350
8,983
11,470
1,969
3,349
2,147
-
63,354 - 30,778 17,184 19,952 131,268

Analysis of Support Costs:

Analysis of Support Costs:
Staff Costs
Electricity
Site Maintenance, Cleaning & Security
Rent and Rates
Office Costs
Event Costs
Insurance
Accounting
Legal and Professional
Staff Training
Staff Expenses
Marketing
Miscellaneous		 Mental
Health
Activities
24,252
3,534
4,412
494
1,203
755
1,953
2,458
2,081
547
413
759
1,012		 Roots to
Work
5,725
834
1,041
117
284
178
461
580
491
129
98
179
239		 Youth &
Family
20,207
2,944
3,676
411
1,002
629
1,628
2,048
1,734
456
345
632
843		 Other
educational
projects
14,641
2,133
2,663
298
726
456
1,179
1,484
1,257
330
250
458
611		 Animals
15,825
2,306
2,879
322
785
493
1,275
1,604
1,358
357
270
495
664		 Total
Funds 2022
80,650
11,751
14,671
1,642
4,000
2,511
6,496
8,174
6,921
1,819
1,376
2,523
3,369
43,873 10,356 36,555 26,486 28,633 145,903

- 21 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

Staff Costs
Electricity
Site Maintenance, Cleaning &
Rent and Rates
Office Costs
Event Costs
Insurance
Accounting
Legal and Professional
Staff Training
Staff Expenses
Marketing
Miscellaneous		 Mental
Health
Activities
46,892
2,025
7,445
1,814
1,015
2,888
1,234
2,511
8,445
1,270
570
32
2,002		 Roots to
Work
-
-
-
-
-
-
-
-
-
-
-
-
-		 Youth &
Family
22,781
984
3,617
881
493
1,403
600
1,220
4,103
617
277
16
973		 Other
educational
projects
12,719
549
2,019
492
275
783
335
681
2,291
344
154
9
543		 Animals
14,768
638
2,345
571
320
909
389
791
2,659
400
179
10
625		 Total Funds
2021
97,160
4,196
15,426
3,758
2,103
5,983
2,558
5,203
17,498
2,631
1,180
67
4,143
78,143 - 37,965 21,194 24,604 161,906

9 Other costs

Independent Examination Fees
Depreciation
Trustees' Expenses
Net incoming resources for the year
This is stated after charging:
Depreciation
Independent Examination Fees		 Unrestricted Restricted
Funds
Funds
£
£
939
-
5,496
-
36
-		 Unrestricted Restricted
Funds
Funds
£
£
939
-
5,496
-
36
-		 Total Funds
2022
£
939
5,496
36		 Total Funds
2021
£
847
3,631
42
6,471 - 6,471 4,520
2022
£
5,496
939		 2021
£
3,631
847

10 Net incoming resources for the year

- 22 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

11 Staff costs and numbers

The aggregate payroll costs were:
Gross Salaries excluding trustees
Employer's National Insurance
Employer's contribution to pension schemes		 2022
£
315,143
13,072
4,710		 2021
£
231,632
7,896
3,219
332,925 242,747

No employee received emoluments of more than £60,000 (2021: £Nil)

The average monthly head count was 25.1 staff (2021: 20.2 staff)

Total employee benefits paid to key management personnel during the year were £32,773 (2021: £24,007)

Trustee expenses

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil) neither were they reimbursed expenses during the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

12 Related Party Transactions

The following related party transactions in the year (2021: £nil).

During the year Malcolm Dodds (Trustee) donated £5,000 towards the cost of the new café.

During the year Deborah Steele (Trustee) donated £5,000 towards the general running costs of the charity.

There were no other related party transactions.

- 23 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

13 Tangible fixed assets
Orchard
£
Cost
At the beginning of the year
-
Additions
11,993
At the end of the year
11,993
Depreciation
At the beginning of the year
-
Charge for the year
-
At the end of the year
-
Net book value
At the beginning of the year
-
At the end of the year
11,993
14 Debtors
Trade Debtors
Accrued Income
VAT
15 Creditors: amounts falling due within one year
Trade Creditors
Other Creditors
Accruals and Deferred Income		 Orchard
£
-
11,993		 Buildings &
Structures
£
258,049
327,504		 Plant &
Equipment
£
11,673
9,365		 Fixtures
& Fittings
£
29,364
2,938		 Total
£
299,086
351,800
11,993 585,553 21,038 32,302 650,886
-
-		 52,173
2,085		 10,430
3,117		 29,364
294		 91,967
5,496
- 54,258 13,547 29,658 97,463
- 205,876 1,243 - 207,119
11,993 531,295 7,491 2,644 553,423
2022
£
6,283
65,904
-		 2021
£
6,634
1,943
33,485
72,187 42,062
2022
£
4,760
5,704
13,408		 2021
£
7,127
4,101
6,449
23,872 17,677

- 24 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

16 Movement in material funds for current period

Restricted funds
Co-op Events
Wates Foundation
Awards for all Family project
Lloyds Bank Foundation
Avon & Wiltshire Mental Health
Sobel Foundation
Cobalt Trust (Office refurb)
Security
Hatchery
Cobalt Trust
Quartet (Community Wellness)
Wessex Water
Power to Change Community Café
Resonance Social Enterprise Support
Ward Councillors (Shed Project)
Quartet Emerging Needs
Avon And Somerset Police
Banes Community Combined Authority
Power To Change Business Development
Bath Youth For Christ
Rotork
Norie Trust
Children In Need
National Lottery Community Fund
Quartet Catalyst Grant
Fouracre Trust
Enovert Community Trust
29th May 1961 Charitable Trust
Power To Change Kitchen
Bath and West Community Energy
Forest of Avon Trust
West of England Combined Authority
Malcolm Dodds
Curo Group
Bath Disability Trust
Henry Smith Charity
Sobell Foundation
Angela Frankham's fundraiser
Quartet Community Fund
Wates Foundation
NHS Charities Together Stage 2
Quartet Community Foundation
People's Postcode Lottery
Bathscape Landscape Partnership
Power To Change Cost of Living
Blue Surf Trust
Andy Pyatt's fundraiser
Joyce Fletcher Charitable Trust
Total restricted funds		 At
01-Jan
2022
£
109
269
1,667
12,642
1,920
1,250
248
1,533
3,276
7,300
1,234
1,050
289,953
19
1,000
3,062
3,000
20,000
-
2,606
500
4,000
14,178
9,016
6,500
6,464
-
390
10,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Income
£
-
-
-
-
16,797
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
21,000
-
-
-
10,000
-
-
5,000
12,372
33,470
5,000
1,500
15,000
42,600
10,000
500
3,700
7,000
9,182
10,000
24,996
10,000
10,000
1,000
940
2,000		 Expenditure
£
(109)
(255)
(433)
(14,071)
(13,967)
(1,577)
(112)
-
(3,216)
(7,300)
-
(1,050)
(18,231)
-
(360)
(998)
-
(4,015)
435
(1,104)
(366)
(501)
(30,864)
(7,150)
(3,552)
(2,512)
-
-
-
-
(354)
(32,549)
-
(350)
-
(25,458)
(3,619)
(500)
-
(6,994)
(3,568)
-
-
(5,000)
(10,000)
-
-
-		 Transfers
£
(14)
-
1,429
-
327
(136)
(1,533)
(60)
-
-
-
(271,722)
(19)
-
(2,064)
(873)
(14,991)
-
-
-
(2,850)
-
(1,866)
-
-
(10,000)
(390)
(10,000)
(5,000)
(12,018)
(921)
-
-
(15,000)
-
-
-
-
(6)
-
-
-
-
-
-
-
-		 At
31-Dec
2022
£
-
-
1,234
-
4,750
-
-
-
-
-
1,234
-
-
-
640
-
2,127
994
435
1,502
134
649
4,314
-
2,948
3,952
-
-
-
-
-
-
5,000
1,150
-
17,142
6,381
-
3,700
-
5,614
10,000
24,996
5,000
-
1,000
940
2,000
403,186 252,057 (199,700) (347,707) 107,836

- 25 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

Continued…
Unrestricted funds
General Fund
Designated Funds
- Asset Depreciation
- Redundancy Reserve
Total unrestricted funds
Total funds		 213,383
207,119
12,000		 341,328
-
-		 (311,859)
(5,496)
-		 (4,093)
351,800
-		 238,759
553,423
12,000
432,502 341,328 (317,355) 347,707 804,182
835,688 593,385 (517,055) - 912,018

Note: The large transfers from restricted funds represent capital expenses made from that fund now being depreciated over their useful economic life via the designated Asset Depreciation Fund.

The smaller transfers are mainly clearing overspent funds using the General fund.

Purpose of Restricted Funds:

Co-operative Community Fund: To run a series of free events for the local community.

Wates Foundation: Core funding

Awards for all Family project: Family Feasts project

Lloyds Bank Foundation: Towards Mental Health Volunteering Project

Avon and Wiltshire Partnership Mental Health Trust: Part funding for staff salaries for Mental Health volunteering project.

Sobell Foundation: Targeted Community Engagement Programme supporting our mental health programme and family project.

Cobalt Trust: Core funding to support community development and office refurbishment

Security: Local giving appeal for repairs after break in at the farm

Hatchery: Donation to build hatchery

Quartet Community Wellness Fund: To support workshop build for Bath Shed group

Wessex Water Fund: Rainwater harvesting system

Power to Change Community Café: For New Community Café development Capital project

Resonance Social Enterprise Support Fund: To offset funds lost through temporary closure of farm

Ward Councillors: ( Tim Ball/Sarah Moore) Bath Shed Group Workshop

Quartet Emerging Needs: Work with Children and Young People.

Avon And Somerset Police: Security

Banes Cil: New café

- 26 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

Purpose of Restricted Funds continued:

Power To Change Business Development: Various business development projects

Bath Youth For Christ: Roundhouse

Rotork: Site security

The Norie Trust: Roundhouse

Children in Need: Funding towards Branching Out Youth Programme

National Lottery Community Fund: Work with young people, including the development of the Roundhouse

Quartet Catalyst: Building of new easy access chicken area for feathered friends project.

Fouracre Trust: Youth work matchfunding

Enovert Community Trust: Funding of new café

29th May 1961 Charitable Trust: Sheds, shelter and propagation

Power To Change: For kitchen equipment

Bath and West Community Energy: Funding for heating and ventilation in new cafe

Forest of Avon Trust: Funding for new orchard

West of England Combined Authority: Funding for Roots to Work programme

Malcolm Dodds: Funding for new cafe

Curo Group: Funding for community and volunteer kitchens

Bath Disability Trust: Funding for disabled toilet in new cafe

Henry Smith Charity: Funding for mental health programme

Sobell Foundation: Funding for Make and Bake project

Angela Frankham's fundraiser: Funding for pigs wallow

Quartet Community Fund: Funding for Farm shop

Wates Foundation: Core funding to help the team diversify funding streams and become more self-sufficient

NHS Charities Together Stage 2: Funding to expand mental health programme

Quartet Community Foundation: Funding for ground source heat pump

People's Postcode Lottery: Funding for Roots to Work programme

Bathscape Landscape Partnership: Funding for external fencing

Power To Change: Funding towards cost of living expenditure

- 27 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

Purpose of Restricted Funds continued:

Blue Surf Trust: Funding towards purchase and housing of Alpacas

Andy Pyatt's fundraiser: Funding towards purchase and housing of Alpacas

Joyce Fletcher Charitable Trust: New capacity to produce home-grown goods for sale

17 Analysis of net assets between funds

Tangible Fixed Assets
Cash at Bank and in Hand
Other Net Current Assets/(Liabilities)
Total
Analysis of net assets between funds - prior year
Tangible Fixed Assets
Cash at Bank and in Hand
Other Net Current Assets/(Liabilities)
Total		 General
Fund
£
-
187,509
51,250		 Designated
Funds
£
553,423
12,000
-		 Restricted
Funds
£
-
107,836
-		 Total
£
553,423
307,345
51,250
238,759 565,423 107,836 912,018
General
Fund
£
-
184,353
29,030		 Designated
Funds
£
207,119
12,000
-		 Restricted
Funds
£
-
403,186
-		 Total
£
207,119
599,539
29,030
213,383 219,119 403,186 835,688

- 28 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

18 Analysis of charitable funds - prior year, as required by paragraph 4.2. of the SORP

Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
Total
Expenditure On:
Raising funds
Charitable activities
Other
Total
Net income/(expenditure)
Transfers between funds
Net income/(expenditure) before other
gains and losses
Other recognised gains/(losses)
Net movement in funds
Total funds brought forward
Total Funds Carried Forward		 General
Funds
£
142,145
30,609
51,535
140
250		 Restricted
Funds
£
640,297
-
-
-
-		 Total Funds Total Funds
2021
2017
£
£
782,442
224,626
30,609
45,026
51,535
24,786
140
491
250
864,976
294,929
59,246
18,698
293,174
235,189
4,520
6,518
356,940
260,405
508,036
34,524
-
-
508,036
34,524
-
-
508,036
34,524
327,652
197,726
835,688
232,250
224,679 640,297
48,343
170,969
4,478		 10,903
122,205
42
223,790 133,150
889
175,078		 507,147
(175,078)
175,967
-		 332,069
-
175,967
256,535		 332,069
71,117
432,502 403,186

All of the activities of the charity are classed as continuing

- 29 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

19 Movement in material funds for previous period

Restricted funds
Lloyds Bank Foundation
St James Place
Sobel Foundation
Children in Need
Security
Cobalt Trust
Wates Foundation
Avon & Wiltshire Mental Health
Awards for all Family project
Hatchery
Co-op Events
29th May 1961 Charitable Trust
Feathered Friends
Cobalt Trust (Office refurb)
Chrysalis Fund
Quartet Catalyst
Francis Winham Foundation
Quartet (Community Wellness)
Wessex Water
The Sutton Place Foundation
National Lottery (Covid response)
Power to Change Grant
Bath Hospitals Cricket Club
Resonance Social Enterprise Support
Lloyds React Fund
Ward Councillors (Shed Project)
Blue Surf Trust
Quartet Emerging Needs
Avon And Somerset Police
Banes Cil
Power To Change Business Development
Bath Youth For Christ
Rotork
Norie Trust
Quartet Resilience Fund
Children In Need
National Lottery Community Fund
Quartet Catalyst Grant
Fouracre Trust
Enovert Community Trust
29th May 1961 Charitable Trust
Power to change Kitchen
Total restricted funds		 01-Jan
2021
£
15,439
1,976
13,433
158
1,533
3,608
269
5,668
3,074
4,024
1,856
2,550
1,960
248
696
-
105
1,234
1,050
1
3,996
3,397
3,100
19
723
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Income
£
30,961
-
-
-
-
13,000
-
16,550
-
-
-
-
-
-
-
-
-
-
-
-
-
343,133
-
-
-
-
2,000
8,975
3,000
125,000
8,000
10,000
500
4,000
9,814
16,500
9,900
9,500
6,464
10,000
3,000
10,000		 Expenditure
£
(33,758)
(1,976)
(12,183)
(157)
-
(9,308)
-
(20,298)
(1,407)
(748)
(1,747)
(2,556)
(1,990)
-
(718)
(155)
(104)
-
-
-
(4,053)
2,918
(3,104)
-
(745)
-
(1,999)
(5,913)
-
-
(8,000)
(6,519)
-
-
(9,814)
(2,322)
(884)
(3,000)
-
-
(2,610)
-		 Transfers
£
-
-
-
(1)
-
-
-
-
-
-
-
6
30
-
22
155
(1)
-
-
(1)
57
(59,495)
4
-
22
-
(1)
-
-
(105,000)
-
(875)
-
-
-
-
-
-
-
(10,000)
-
-		 31-Dec
2021
£
12,642
-
1,250
-
1,533
7,300
269
1,920
1,667
3,276
109
-
-
248
-
-
-
1,234
1,050
-
-
289,953
-
19
-
1,000
-
3,062
3,000
20,000
-
2,606
500
4,000
-
14,178
9,016
6,500
6,464
-
390
10,000
71,117 640,297 (133,150) (175,078) 403,186

Continued….

- 30 -

DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

Unrestricted Funds
General Fund
Designated Funds
- Asset Depreciation
- Redundancy Reserve
Total unrestricted funds
Total Funds		 209,155
35,380
12,000		 224,679
-
-		 (220,159)
(3,631)
-		 (292)
175,370
-		 213,383
207,119
12,000
256,535 224,679 (223,790) 175,078 432,502
327,652 864,976 (356,940) - 835,688

Purpose of 2021 funds not carried forward into 2022

St James Place: Foundation Youth Work

Children in Need: Funding towards Branching Out Youth Programme

29th May 1961 Charitable Trust: Mental health programme

Feathered Friends: Feathered Friends programme for over 60's.

Chrysalis Fund: Farm Hub Group and advocacy project Quartet Catalyst Grant: Twerton & Whiteway Community Network

Francis Winham Foundation: Feathered Friends programme for over 60’s.

The Sutton Place Foundation: Animal Feed

Lottery Emergency Fund: For COVID 19 adaptions

Bath Cricket Club : New pig pens

Lloyds React Fund: Response to Covid-19 crisis

Blue Surf Trust: Work with Children and Young People

Power To Change Business Development: Various business development projects

Quartet Resilience Fund: Farm Director and Adult Programmes Manager salaries

Enovert Community Trust: Funding new café

- 31 -