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2023-12-31-accounts

BATH CITY FARM

Financial Statements

YEAR ENDED 31 DECEMBER 2023

Charity Number 1050202 Company Registration Number 03112751

BATH CITY FARM

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

CONTENTS PAGE
Legal and Administrative Information 2
Trustees
annual report		 3 to 12
13
Statement of financial activities 14
Balance sheet 15
Cash Flow Statement 16
Notes to the Accounts 17 to 32

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BATH CITY FARM

LEGAL AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31 DECEMBER 2023

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 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) Joanne Southwell Mike Collins Tamsin Egan Mark Richardson Christina Button Philippa Rogers Gwen James Michael Williams Stephen Mayhew Appointed 8 January 2024 Amy Coulthard Resigned 18 July 2023 Malcolm Dodds Resigned 7 October 2023 Deborah Steele Resigned 30 January 2024

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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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

The Trustees present their report and the unaudited financial statements of the charity for the year ended 31st December 2023.

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 by advertising for specific roles or skillsets, identified as gaps within our trustee board. This changes as our strategic priorities evolve. The organisation has a clearly documented standard process prior to appointment which incorporates recommended good practice for safer recruitment.

The process includes an application, shortlisting, an informal interview, attending at least one trustee meeting 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 co-opted as a trustee until the next AGM, when their appointment will be subject to election by members. New trustees are required to read the following policies Child Protection and Safeguarding Vulnerable Adults, Safeguarding Behaviour Code, Equal Opportunities and Health and Safety. All new trustees attend a Safeguarding briefing led by our Safeguarding trustee.

The Farm Director leads delivery of the Team consisting of a Programme Manager (Adults), Programme Manager (Children, Youth and Families), People and Office Manager, Site Development Manager and a team of dedicated staff working in specialist impact areas. The Board of Trustees have the following sub committees made up of trustees, staff and occasionally outside associates:

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 introduced in 2019 aims to 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 by identifying at least three comparable roles for each post, in other similar charities (i process takes place every 2 years. All Pay Bands were reassessed in December 2023. The Farm pays staff the real living wage rate as a minimum.

Organisations providing support services to the Farm include:

HSBC, 41 Southgate, Bath BA1 1TN - Banking services

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

Unity Trust Bank, 4 Brindley Pl, Birmingham B1 2JB Banking Services

Triodos Bank UK, Deanery Road, Bristol BS1 5AS Banking Services

Bath Building Society, 12 Moorland Road, Bath BA2 3PL Banking Services

United Trust Bank Limited, One Ropemaker Street, London, EC2Y 9AW Banking Services

Bristol Community Accountants CIC, Daventry Road, Bristol BS4 1DQ - Accounting services

Objectives and activities of the charity

Bath is a largely affluent city, but one divided by social inequality. Bath City Farm is the only city farm in Bath & North East Somerset, and we welcome visitors from across the district and beyond. The Farm is a community hub and green oasis nestled amongst the neighbourhoods of Twerton, Whiteway and Southdown and is a well-established community and mental wellbeing hub for residents of all ages and backgrounds. Regardless of whether a visitor is attending one of our social impact projects, a child on a school visit, or is somebody using the Farm to breathe fresh air and connect with nature; spending time with us improves mental and physical health, confidence and self-esteem.

Set up by the local community, for the local community, our 37-acre site provides rare access to natural space in the city, supporting local green infrastructure. Our vision has always been to create 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:

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 children and 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-toaccess community resource and welcomed around 50,000 visitors in the last year. The Farm 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 our unique outdoor setting.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

With almost 30 years of experience in delivering projects with 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 C running a charity (PB2)'.

To achieve this in 2023, we delivered regular weekly sessions, mostly free at the point of access for adults, young people and families throughout the whole of B&NES but with a particular focus on our local communities of Twerton, Whiteway and Southdown. Our social impact projects support people of all ages with additional needs to overcome structural disadvantages. To achieve this, the Farm delivers 12 unique targeted projects overseen by two programme managers.

The Children, Young People and Families Programme:

Alternative Provision - 28 direct Beneficiaries Delivered in partnership with schools, for children who need an alternative to school-based learning.

Little Farmers 29 direct beneficiaries plus adult carers - 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 25 direct beneficiaries plus adult carers - A toddler group for children under 5 allowing them to play and discover nature.

Farm Club 27 direct beneficiaries - A free weekly club for children aged 5-11 in the local area who require support. Together we enjoy the outdoors, increase their emotional resilience, improve their physical health and build their social skills.

Saturday Club 63 direct beneficiaries - A group for 5-11 year olds, to participate in farm and woodland activities and make lasting friendships.

Farm Hands 19 direct beneficiaries - A weekly group for ages 11-16 who are facing challenges. With long term support, focuses include building key practical skills and contributing to their community through caring for the site, the gardens, the animals and helping with events.

Youth Outreach 106 young people reached - Work in the local community to reach young people 16-25 at risk of anti-social behaviour, bringing them into our programme that provides key support for their mental wellbeing.

16-25 Skills Course 10 direct beneficiaries currently in Education, Employment or Training) for 6 week courses in animal care, supporting them to move into other projects.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

The Adult Programme:

Roots to Health - 201 participants - Supporting adults with complex health and social needs through therapeutic gardening, animal care and cooking.

Roots to Work 96 participants - Supporting adults who are disadvantaged by the jobs market to gain structured work experience and training in retail and hospitality, horticulture, groundskeeping, conservation and cooking.

CRAFTworks - 12 participants - mental wellbeing.

Natural Pathways 14 participants - A wildlife conservation group with a focus to improve wellbeing.

EARTHworks 15 beneficiaries - A therapeutic gardening group tailored to meet the needs of adults living with learning difficulties.

Each project targets a group who experience a specific set of additional needs and uses farming and land-based activities to engage, support recovery, inspire creativity, build skills, confidence and overcome personal challenges. Every project is led by a skilled team able to provide structured activities to suit a variety of needs and offer physical, mental and emotional support. We also offer supported training and progression opportunities when people are ready to take that next step.

Main achievements and performance

This year we completed the second year of our 3-year organisational strategy, 2022 24. The Farm is continuing to build upon its well-established programmes, adding new facilities and projects. The impacts of Covid and cost-of-living crises have fuelled increasing inequalities. As a result, we have continued to grow our team to meet the increased demand for our services and complexity of needs of those attending our projects. To meet this demand between January to December the team grew from 30 salaried staff (15.4 FTE) to 39 salaried staff (18.11 FTE).

Providing a rich programme of therapeutic, educational and lifelong learning opportunities: Children, Youth and Family Services

Children and young people living in the poorest areas of Bath, and the surrounding B&NES district, are significantly more likely than the national average to be absent from school, obese, misuse substances, participate in anti-social behaviour, or be admitted to hospital with mental health issues.

Each year our well-established Children & Young People Programme provides direct support and opportunities to 230 disadvantaged local residents aged under 25. Focused on four age groupings that reflect local education systems - under 5s, 5-11s, 11-16s and 16-25s - and the transitions which frequently impact young people's mental health, our Programme provides regular structure outside of family life and formal education.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

After-school clubs, Alternative Provision, and targeted projects help young people to learn new skills, and provides them with safe spaces to socialise, within an environment in which they can let off steam and appreciate spending time in nature.

In addition, the CYP team worked with 2,500 children for school visits and 56 under 11s as part of charged groups.

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

There are also clear improvements in engagement with learning, and social interaction.

Some quotes from project participants:

"Little Farmers has greatly benefited me. It's allowed me to take time weekly to be in nature and in the contact of animals, with gorgeous views of the city as a backdrop to seeing my child enjoying the same benefits of being outdoors in a nurturing space like the farm. I've met lovely parents and carers and I'm now meeting some of them outside of the group so it's helped me feel like I have a village too, which has been beneficial for my wellbeing as a mum." Mum of 3 year old Little Farmer

"[My child] is growing into a beautiful and kind young man because of this group. Best day ever, every time." Mum of 4 year old Little Farmer

"[Farm Club] helps me concentrate more and it makes me learn new things." Farm Club member, aged 10

"I want to be a farmer when I'm older, to be honest." Farm Hand, aged 11

"It's really happy and safe place for me." Farm Hand, aged 13

"It's relaxing quite a lot of the time because the animals are so calming." Farm Hand, aged 14

'So engaging and lovely staff, can't wait every week for the next session' - Skills Course Participant - aged 17

'Its a great way to get new experiences and meet new people' - Skills Course Participant - aged 19

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

The impacts of Covid and Cost of Living crises have been far reaching, resulting in a greater demand for our services and an increased complexity of needs amongst those attending. As a result, we have increased our staffing levels and clinical support and training for staff. Participants in our adult mental health programme 'Roots to Health', have increased by 31% on last year with self-referrals making up 24% of our total referrals. These are from people that have not been able to access other support yet and are struggling greatly to manage their mental health.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

Over the last year, Roots to Health received 201 referrals to our project from people living with a range of severe mental illness (SMI) including Schizophrenia, Bi-polar disorder, CPTSD, EUPD and chronic anxiety and depression. Many are socially isolated, live alone or have little or no outside support network. Other complex challenges people face include experiences of domestic violence or childhood sexual abuse, eating disorder, substance misuse, poor physical health, frequent self-harm, suicidal ideation or other crises behaviour and 34 participants are on the Autistic Spectrum. Since coming to the Farm, Roots to Health participants reported the following:

Staff have made over 50 referrals to other services such as the Primary Care Liaison Team, Adult Safeguarding, B&NES Drug and Alcohol Service and Voices - Freedom Programme.

In the last year we have been able to secure multi-year funding for our newly established Roots to Work programme. This project supports those furthest from the jobs market to access supported work placements in five employment areas, Catering, Hospitality, Grounds Maintenance, Conservation and Horticulture. In the last 12 months, we have supported 96 people, of which 22% have gained employment, 24% further training and 17% moved onto meaningful volunteering opportunities.

Some quotes from adult project participants:

"Coming here helps me manage my intrusive thoughts. I keep busy here and it's hard to ruminate over things and listen to the negative thoughts. It's so good for my mental health. I leave here feeling so positive."

"I love coming here, it's full of life. It lifts my heart and makes me feel so much better. I am in hospital at the moment for my mental health and I have to go back to a difficult setting. Coming here always lifts me up and makes me useful again."

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

"I was recommended to come to the Farm through my doctor because it would help me with my mental health. I have extreme anxiety, ADHD and depression and have tried to leave this world about 20 times. At the Farm there's plenty of animals and people to chat to. I brush the ponies, look after the pygmy goats and cook. I love the animals. I've made some new friends. I would recommend anyone suffering with their mental health to come to the Farm and have some new experiences."

'It's a fantastic place for anyone with depression, suicidal thoughts and so on. This is the best medicine. When I first came here I was all over the place but I feel more stable now."

"Roots to Work helped me massively. I'd been out of work for a very long time due to health reasons and had nothing worthwhile to put on my CV. Its really hard out there when you have no qualifications. I have now got a job in a cafe, and my anxiety has got much easier to live with. It's still there but I can manage."

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

The Farm is a well-used and vital green space for many people to access nature within a highdensity urban area, where housing developments and wild areas exist side by side. With support from Bathscapes, Avon Wildlife Trust and the National Trust, we have begun implementing a new 5-year Site Management Plan promoting habitat creation and restoration to increase biodiversity and address climate related challenges.

Funding from WECA Pollinator Fund, Bathscapes and Forest of Avon has enabled us to plant 74 trees, 100m of hedgerow, restore two wildlife ponds, manage scrub and woodland, create two new wildflower meadows and begin work restoring our species-rich grassland.

Planning is underway to create a new wildflower nursery to grow locally collected wildflower seed, to grow into plug plants for use in the Farms conservation activities and for sale to the public.

New rainwater harvesting infrastructure has been installed around the site to water crops, and a new air source heat pump has been installed in our main building to provide low carbon heating and hot water to the office, training kitchen and public toilets.

Producing high quality, affordable and nutritious food with local communities

Bath City Farm's Roots to Work Cafe and Shop has completed its second year of trading. It 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.

We have launched a range of preserves made by Farm volunteers using Farm produce, as a way to maximise the shelf-life of fresh produce and provide new opportunities for people to participate in the making and tasting of locally grown food. As well a range of edible plants are now available for sale from our on-site garden shop.

We are developing plans for a new poly tunnel to grow cash crops for our cafe, grown by trainees learning about agro-ecology and horticulture, as well as a new barn which will host a community juicing operation to make fresh juice products from Farm and locally harvested fruit.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

Growing our network of passionate Farm advocates

We re-launched our membership scheme, free to residents of Twerton, Whiteway and Southdown. As a result, we have attracted over 100 new members and introduced a new pricing structure for people outside the local area who want to become regular givers and support the work of the charity.

We have launched a new business breakfast concept and delivered 3 in the last 12 months. People representing 45 businesses from around Bath have attended to network and hear more about the Farm's projects. This has had a significant impact in terms of increasing our reach, attracting new business sponsors and expanding our team building offer. We have delivered 25 team building days for organisations such as Wessex Water, Buro Happold, RUH and University of Bath. We have also been charity of the Year for several organisations, including Reside Bath and Mallory Jewellers.

Growing resilient and sustainable communities: Leading the Twerton and Whiteway Network

In 2018, an independent piece of third sector research identified the Farm as an ideal community anchor organisation for the area. Since then, we have worked with other local organisations and residents to establish the Twerton and Whiteway Community Network. Network members are working together to increase community cohesion and participation, establish key priorities for the area, advocate and take action together. Five years funding has recently been secured through the National Lottery to fund two part time Network Coordinators (1 FTE), a community website, community training and events. The Network is using an assetbased community development approach to build capacities and agency locally for Twerton and Whiteway residents to have more power and influence over decisions that affect them .

Financial Review

Grants secured in 2023 were received from:

Reducing our reliance on grant funding and becoming more financially resilient was a key objective in our 2022 - 24 strategy. In 2023, our trading income rose to £204,569 from £89,740

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

in 2022, as a result of increased trading in our cafe, room hires and team building days showing a significant post-covid recovery.

The Farm finished the year with a total gross income of £864,698. Unrestricted reserves are £170,317 at the end of 2023. After taking account of future asset depreciation and redundancy reserve this equates to 3 months running costs. Restricted funds total £229,010 at 31st December 2023.

Policy on Reserves

The Trustees have adopted a written policy on Reserves and Investments and aim to retain at least 3 months running costs held as Free/Unrestricted Reserves. Our monthly average risks under review and review the Farms risk register every 6 months at a Board Meeting. The Farm is a low energy user, as in 2023 we used 49,321 kWh, a 20% increase on last year due to increased use of the café.

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BATH CITY FARM

TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2023

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).

Thomas Sheppard Chair of Trustees

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BATH CITY FARM

YEAR ENDED 31 DECEMBER 2023

_____________

I report to the charity trustees on my examination of the accounts of Bath City Farm for the year ended 31 December 2023 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.

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 3/9/2024 Bristol BS4 1DQ Date .................................................

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BATH CITY FARM

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 DECEMBER 2023

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
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
£
157,038
109,614
204,569
5,296
476,517
239,662
306,783
28,929
575,374
(98,857)
44,037
(54,820)
(54,820)
804,182
749,362		 Restricted
Funds
£
388,181
-
-
-
388,181
20,919
202,051
-
222,970
165,211
(44,037)
121,174
121,174
107,836
229,010		 Total Funds
2023
£
545,219
109,614
204,569
5,296
864,698
260,581
508,834
28,929
798,344
66,354
-
66,354
66,354
912,018
978,372
TRUE		 Total Funds
2022
£
447,623
55,273
89,740
749
593,385
180,562
330,022
6,471
517,055
76,330
-
76,330
76,330
835,688
912,018
TRUE

All of the activities of the charity are classed as continuing

The notes on pages 17 to 32 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 2022 total funds between unrestricted and restricted are shown in note 18

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BATH CITY FARM

BALANCE SHEET

YEAR ENDED 31 DECEMBER 2023

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Livestock
Cash at bank and in hand		 2023
2022
£
£
559,045
553,423
41,392
72,187
7,901
2,935
411,236
307,345
Total current assets
Creditors : Amounts falling
due within one year
15		 460,529
382,467
(41,202)
(23,872)
Net current assets or liabilities 419,327
358,595
Total net assets or liabilities 978,372
912,018
The Funds of the Charity
16
Restricted funds
Unrestricted funds		 229,010
107,836
749,362
804,182
978,372
912,018
TRUE
TRUE

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 2023 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.

Director Thomas Sheppard

Director Mark Richardson

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YEAR ENDED 31 DECEMBER 2023

STATEMENT OF CASH FLOWS

YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
2023 2022
£ £
Cash flows from operating activities:
Net (expenditure)/income 66,354 76,330
Adjustments for:
Depreciation of tangible fixed assets 27,702 5,496
Other interest receivable and similar income 5,296 749
Changes in:
Stock (4,966) 1,710
Trade and other debtors 30,795 (30,125)
Trade and other creditors 17,330 6,195
Cash generated from operations 142,511 60,355
Interest received (5,296) (749)
Net cash from operating activities 137,215 59,606
Cash flows from investing activities
Purchase of tangible assets (33,324) (351,800)
Net cash used in investing activities (33,324) (351,800)
Net Increase in cash and cash equivalents 103,891 (292,194)
Cash and cash equivalents at beginning of year 307,345 599,539
Cash and cash equivalents at end of year 411,236 307,345
----- End of picture text -----

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BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

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

Designated funds

Restricted funds

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

These are unrestricted funds earmarked by the trustees for particular purposes.

These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of income

Income with related expenditure

Donations and legacies

Tax reclaims on donations and gifts

Donated services and facilities

Volunteer help

Investment income

Gains/(losses) on revaluation of fixed assets

Gains/(losses) on investment assets

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.

Where income has related expenditure the income and related expenditure is reported gross in the SoFA.

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.

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.

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

This is included in the accounts when receivable.

This includes any gain or loss resulting from revaluing investments to market value at the end of the year.

This includes any gain or loss on the sale of investments.

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BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

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:

----- Start of picture text -----
|||| |---|---|---| |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|

----- End of picture text -----

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.

- 18 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

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
£
£
55,996
-
542
-
100,500
388,181
157,038
388,181
Unrestricted
Restricted
Funds
Funds
£
£
122,248
500
151
-
73,167
251,557
195,566
252,057		 Total Funds
2023
£
55,996
542
488,681
545,219
Total Funds
2022
£
122,748
151
324,724
447,623		 Total Funds
2022
£
122,748
151
324,724
447,623

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
£
£
14,439
-
9,293
-
4,851
-
81,031
-
109,614
-
Unrestricted
Restricted
Funds
Funds
£
£
4,447
-
5,017
-
1,253
-
44,556
-
55,273
-		 Total Funds
2023
£
14,439
9,293
4,851
81,031
109,614
Total Funds
2022
£
4,447
5,017
1,253
44,556
55,273		 Total Funds
2022
£
4,447
5,017
1,253
44,556
55,273

- 19 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

5 Other Trading Activities

Café Receipts
Animal Income
Traded Income
Other Trading Activities - prior year
Café Receipts
Animal Income
Traded Income		 Unrestricted Restricted
Funds
Funds
£
£
189,985
-
8,272
-
6,312
-
204,569
-
Unrestricted
Restricted
Funds
Funds
£
£
79,419
-
7,198
-
3,123
-
89,740
-		 Total Funds
2023
£
189,985
8,272
6,312
204,569
Total Funds
2022
£
79,419
7,198
3,123
89,740		 Total Funds
2022
£
79,419
7,198
3,123
89,740

6 Investments

Bank Interest
Investments - prior year
Bank Interest		 Unrestricted Restricted
Funds
Funds
£
£
5,296
-
5,296
-
Unrestricted
Restricted
Funds
Funds
£
£
749
-
749
-		 Total Funds
2023
£
5,296
5,296
Total Funds
2022
£
749
749		 Total Funds
2022
£
749
749

- 20 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

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
£
£
498
1,909
78,046
5,325
104,057
46
57,061
13,639
239,662
20,919
Unrestricted
Restricted
Funds
Funds
£
£
3,159
-
31,749
13,110
52,143
16,601
36,261
27,539
123,312
57,250		 Total Funds
2023
£
2,407
83,371
104,103
70,700
260,581
Total Funds
2022
£
3,159
44,859
68,744
63,800
180,562		 Total Funds
2022
£
3,159
44,859
68,744
63,800
180,562

8 Analysis of Expenditure by Activities

Mental Health activities
Roots to Work programme
Youth & Family programmes
Other Educational projects
Animals
Mental Health activities
Roots to Work programme
Youth & Family programmes
Other Educational projects
Animals		 Activities
undertaken
directly 2023
75,956
58,387
64,019
44,368
26,216
268,946
Activities
undertaken
directly 2022
55,366
13,070
46,131
33,425
36,127
184,119		 Support
costs 2023
67,749
52,078
57,102
39,575
23,384
239,888
Support
costs 2022
43,874
10,357
36,556
26,488
28,628
145,903		 Total Funds
2023
143,705
110,465
121,121
83,943
49,600
508,834
Total Funds
2022
99,240
23,427
82,687
59,913
64,755
330,022

- 21 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

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
67,209
-
113
1,907
5,742
985
75,956
Mental
Health
Activities
50,756
-
99
138
3,997
376
55,366		 Roots to
Work
48,850
-
1,086
1,216
897
6,338
58,387
Roots to
Work
9,714
-
1,859
400
525
572
13,070		 Youth &
Family
53,412
-
274
35
14
10,284
64,019
Youth &
Family
40,651
-
4,668
-
46
766
46,131		 Other
educational
projects
38,107
-
-
180
1,799
4,282
44,368
Other
educational
projects
29,181
-
885
675
201
2,483
33,425
Animals
15,385
10,612
28
-
4
187
26,216
Animals
14,278
12,479
9,077
-
47
246
36,127		 Total
Funds 2023
222,963
10,612
1,501
3,338
8,456
22,076
-
268,946
Total Funds
2022
144,580
12,479
16,588
1,213
4,816
4,443
-
184,119

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
32,250
6,766
8,931
1,300
2,090
1,397
2,168
4,435
4,282
518
498
1,829
1,285
67,749		 Roots to
Work
24,790
5,201
6,866
999
1,607
1,074
1,666
3,409
3,292
398
383
1,406
987
52,078		 Youth &
Family
27,182
5,703
7,528
1,095
1,762
1,177
1,827
3,738
3,609
437
420
1,541
1,083
57,102		 Other
educational
projects
18,839
3,952
5,217
759
1,221
816
1,266
2,591
2,501
303
291
1,068
751
39,575
Animals
11,131
2,335
3,083
449
722
482
748
1,531
1,478
179
172
631
443
23,384		 Total
Funds 2023
114,192
23,957
31,625
4,602
7,402
4,946
7,675
15,704
15,162
1,835
1,764
6,475
4,549
239,888

- 22 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

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
24,252
3,534
4,412
494
1,203
755
1,953
2,458
2,081
547
413
759
1,012
43,873		 Roots to
Work
5,725
834
1,041
117
284
178
461
580
491
129
98
179
239
10,356		 Youth &
Family
20,207
2,944
3,676
411
1,002
629
1,628
2,048
1,734
456
345
632
843
36,555		 Other
educational
projects
14,641
2,133
2,663
298
726
456
1,179
1,484
1,257
330
250
458
611
26,486		 Animals
15,825
2,306
2,879
322
785
493
1,275
1,604
1,358
357
270
495
664
28,633		 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
145,903

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
£
£
1,075
-
27,702
-
152
-
28,929
-		 Total Funds
2023
£
1,075
27,702
152
28,929
2023
£
27,702
1,075		 Total Funds
2022
£
939
5,496
36
6,471
2022
£
5,496
939

10 Net incoming resources for the year

- 23 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

11 Staff costs and numbers

The aggregate payroll costs were:
Gross Salaries excluding trustees
Employer's National Insurance
Employer's contribution to pension schemes		 2023
£
458,573
20,984
7,454
487,011		 2022
£
315,143
13,072
4,710
332,925

No employee received emoluments of more than £60,000 (2022: £Nil)

The average monthly head count was 36.25 staff (2022: 25.1 staff)

Total employee benefits paid to key management personnel during the year were £38,327 (2022: £36,109)

Trustee expenses

The charity trustees did not receive any benefits from employment with the charity in the year (2022: £nil). Trustees were reimbursed £152 of expenses during the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

12 Related Party Transactions

The following related party transactions in the year (2022: £10,000).

William Sheppard (Trustee) is also a trustee of Bath Boules charitable trust. During the year, Bath Boules provided £4,000 of funding to the farm.

In the previous year Malcolm Dodds (Trustee) donated £5,000 towards the cost of the new café. This funding is not yet fully spent

There were no other related party transactions.

- 24 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
13 Tangible fixed assets
Orchard Buildings & Plant & Fixtures
Structures Equipment & Fittings Total
£ £ £ £ £
Cost
At the beginning of the year 11,993 535,380 26,363 77,150 650,886
Additions - 16,260 13,331 3,733 33,324
At the end of the year 11,993 551,640 39,694 80,883 684,210
Depreciation
-
At the beginning of the year 54,258 13,547 29,658 97,463
Charge for the year 480 20,004 2,438 4,780 27,702
At the end of the year 480 74,262 15,985 34,438 125,165
Net book value
At the beginning of the year 11,993 481,122 12,816 47,492 553,423
At the end of the year 11,513 477,378 23,709 46,445 559,045
14 Debtors 2023 2022
£ £
Trade Debtors 9,536 6,283
Accrued Income 22,400 65,904
-
Prepayments 9,456
41,392 72,187
15 Creditors: amounts falling due within one year 2023 2022
£ £
Trade Creditors 9,189 4,760
Other Creditors 7,091 5,704
Accruals and Deferred Income 21,448 13,408
VAT 3,474 -
41,202 23,872
----- End of picture text -----

- 25 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

16 Movement in material funds for current period

Restricted funds
Awards for all Family project
Avon & Wiltshire Mental Health
Quartet (Community Wellness)
Ward Councillors (Shed Project)
Avon And Somerset Police
Banes Community Combined Authority
Power To Change Business Development
Bath Youth For Christ
Rotork
Norie Trust
Children In Need
Quartet Catalyst Grant
Fouracre Trust
West of England Combined Authority
Malcolm Dodds
Curo Group
Henry Smith Charity
Sobell Foundation
Quartet Community Fund
NHS Charities Together Stage 2
Quartet Community Foundation
People's Postcode Lottery
Bathscape Landscape Partnership
Hartfield Trust
B&NES Community Infrastructure Levy
Police & Crime Commissioner
Blue Surf Trust
Norie Trust
Andy Pyatt's fundraiser
B&NES Council
Christopher Brown
HDH Wills Trust
UK Research And Innovation
Bathscape Landscape Partnership
Anton Jurgens Charitable Trust
Joyce Fletcher Charitable Trust
St James Place
West Of England Combined Authority
West Of England Combined Authority
National Lottery Community Fund
Brownsword Charitable Foundation
National Lottery Community Fund
National Lottery Awards For All
Northwick Trust
Forest Of Avon Trust
Medlock Charitable Trust
Total restricted funds		 At
01-Jan
2023
£
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
-
-
-
-
-
-
-
-
-
-
107,836		 Income
£
-
20,400
-
-
-
-
-
-
-
-
37,500
-
-
16,479
-
-
44,800
10,000
-
18,388
-
-
-
5,000
9,645
5,000
-
1,000
-
1,500
25,000
2,000
6,847
-
5,000
-
10,000
10,000
-
63,137
2,000
52,485
12,000
15,000
-
15,000
-
388,181		 Expenditure
£
-
(16,261)
(1,150)
(640)
-
(994)
(43)
(1,059)
(134)
(275)
(29,371)
(2,948)
(3,756)
(13,485)
(167)
(204)
(37,410)
(9,625)
(3,703)
(16,121)
(9,382)
(22,342)
-
(4,999)
(1,027)
(165)
(1,000)
(1,000)
(938)
(690)
(149)
(120)
(6,301)
(676)
(5,001)
(2,000)
(3,518)
(3,944)
(290)
(5,762)
(1,006)
(13,159)
-
-
(2,130)
(25)
(222,970)		 Transfers
£
-
(3,070)
(84)
-
(2,127)
-
-
-
-
-
(4,824)
-
-
(2,994)
-
(886)
(5,424)
(949)
3
(2,395)
-
(2,654)
(5,000)
(1)
-
(4,835)
-
-
(2)
-
-
(1,880)
(546)
676
1
-
(481)
(6,056)
290
(1,119)
-
(1,810)
-
-
2,130
-
(44,037)		 At
31-Dec
2023
£
1,234
5,819
-
-
-
-
392
443
-
374
7,619
-
196
-
4,833
60
19,108
5,807
-
5,486
618
-
-
-
8,618
-
-
-
-
810
24,851
-
-
-
-
-
6,001
-
-
56,256
994
37,516
12,000
15,000
-
14,975
229,010

- 26 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

Unrestricted funds
General Fund
Designated Funds
- Asset Depreciation
- Redundancy Reserve
Total unrestricted funds
Total funds		 238,759
553,423
12,000
804,182
912,018		 476,517
-
-
476,517
864,698		 (547,672)
(27,702)
-
(575,374)
(798,344)		 2,713
33,324
8,000
44,037
-		 170,317
559,045
20,000
749,362
978,372

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:

Awards for all Family project: Family Feasts project

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

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

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

Avon And Somerset Police: Security

Banes Cil: New café

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

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

Fouracre Trust: Youth work matchfunding

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

Henry Smith Charity: Funding for mental health programme

Sobell Foundation: Funding for Make and Bake project

- 27 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

Purpose of Restricted Funds continued:

Quartet Community Fund: Funding for Farm shop

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

Hartfield Trust: Roots to Work programme

B&NES Community Infrastructure Levy: Bath Shed

Police & Crime Commissioner: Security equipment

Blue Surf Trust: Funding towards purchase and housing of Alpacas

Norie Trust: Bath Shed

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

B&NES Council: Mount Road planting

Christopher Brown: Growing hub

HDH Wills Trust: Fencing

UK Research And Innovation: Twerton & Whiteway Community Network

Bathscape Landscape Partnership: Wildflower Nursery

Anton Jurgens Charitable Trust: Roots to Work programme

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

St James Place: Children, Youth and Family programme

West Of England Combined Authority: Biodiversity and conservation

West Of England Combined Authority: Growing hub

National Lottery Community Fund: Twerton & Whiteway Community Network

Brownsword Charitable Foundation: New office accommodation

National Lottery Community Fund: Roots to Work programme

National Lottery Awards For All: Bath Shed

Northwick Trust: Therapy room

Forest Of Avon Trust: Tree planting

- 28 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

Purpose of Restricted Funds continued:

Medlock Charitable Trust: Bath Shed

17 Analysis of net assets between funds

Tangible Fixed Assets
Cash at Bank and in Hand
Other Net Current Assets/(Liabilities)
Total		 General
Fund
£
-
162,226
8,091
170,317		 Designated
Funds
£
559,045
20,000
-
579,045		 Restricted
Funds
£
-
229,010
-
229,010		 Total
£
559,045
411,236
8,091
978,372

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
238,759		 Designated
Funds
£
553,423
12,000
-
565,423		 Restricted
Funds
£
-
107,836
-
107,836		 Total
£
553,423
307,345
51,250
912,018

- 29 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

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
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
£
195,566
55,273
89,740
749
341,328
123,312
187,572
6,471
317,355
23,973
347,707
371,680
-
371,680
432,502
804,182		 Restricted
Funds
£
252,057
-
-
-
252,057
57,250
142,450
-
199,700
52,357
(347,707)
(295,350)
-
(295,350)
403,186
107,836		 Total Funds Total Funds
2022
2017
£
£
447,623
224,626
55,273
45,026
89,740
24,786
749
491
593,385
294,929
180,562
18,698
330,022
235,189
6,471
6,518
517,055
260,405
76,330
34,524
-
-
76,330
34,524
-
-
76,330
34,524
835,688
197,726
912,018
232,250

All of the activities of the charity are classed as continuing

- 30 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

19 Movement in material funds for previous 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		 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
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
403,186		 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
252,057		 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)
-
-
-
(199,700)		 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)
-
-
-
-
-
-
-
-
(347,707)		 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
107,836

- 31 -

BATH CITY FARM

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

Unrestricted Funds
General Fund
Designated Funds
- Asset Depreciation
- Redundancy Reserve
Total unrestricted funds
Total Funds		 213,383
207,119
12,000
432,502
835,688		 341,328
-
-
341,328
593,385		 (289,653)
(27,702)
-
(317,355)
(517,055)		 (31,921)
379,628
-
347,707
-		 233,137
559,045
12,000
804,182
912,018

Purpose of 2022 funds not carried forward into 2023

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

Wates Foundation: Core funding

Lloyds Bank Foundation: Towards 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

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

Quartet Emerging Needs: Work with Children and Young People.

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

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

Bath Disability Trust: Funding for disabled toilet in new cafe

Angela Frankham's fundraiser: Funding for pigs wallow

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

Power To Change: Funding towards cost of living expenditure

- 32 -