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:
- Health and Safety
- Finance
- Staffing
- Safeguarding
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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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50
## **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:
- Boost emotional, mental, physical and social well-being
- Support disadvantaged and disabled people to develop new skills and confidence
- Inspire environmental awareness and activity
- Provide educational opportunities associated with food, animal care and wildlife conservation - Grow the number of people engaging in their community
- Bring enjoyment to the public
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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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50
## **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:
- Improvements to Mental Health – 100%
- Discharged completely from Mental Health Services 7%
- Reduced support from Mental Health Services 20%
- Learnt new skills 97%
- Re-entered education or training 18%
- Gained employment 6%
- Feel more confident 95%
- Better able to make positive changes 98%
## **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:
- Greater emotional wellbeing – 85% of participants feel happier and better able to cope with challenges arising from home-life, educational engagement and society.
- Higher self-esteem – 75% of participants have stronger self-belief, learning life skills that will help them build positive relationships and make better decisions in the future.
- - Improved physical health – 80% of participants are better informed about food choices and fitter as a result of outdoor play that encourages a move away from sedentary lifestyles.
## **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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## **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:
- Children in Need towards our Children and Young Peoples programme.
- Grants for core services were received from Cobalt Trust, The Roper Family Charitable Trust, The Medlock Charitable Foundation, Wates Foundation, Brownsword Charitable Trust and Denman Trust.
- Henry Smith Charity, The Sobell Foundation, NHS Charities Together and Avon and Wiltshire Mental Health Partnership supported our adult mental health programme.
- - West of England Combined Authority funded the first 9 months of our Roots to Work programme.
- Forest of Avon funded 175 fruit trees and guards.
- Bathscapes, Police Crime Commissioner Fund, Bath and West Community Energy, Quartet Community Foundation and Joyce Fletcher Family Trust provided funding towards site improvements.
- Power to Change provided funding towards cost-of-Living increases.
- Substantial corporate donations were received including from MandG plc.
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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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50
## **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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DocuSign Envelope ID: D91DBAD9-1CDB-43C4-8D8C-66AF310BEC50
## **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:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or • the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
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
**- 14 -**
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|
**- 15 -**
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 -**