## **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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**- 1 -**
## **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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**- 2 -**
## **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:
- 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 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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**- 3 -**
## **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:
- 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
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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**- 4 -**
## **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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**- 5 -**
## **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:
- 85% of participants have better emotional wellbeing;
- 75% feel more confident and have stronger self-belief;
- 80% have improved physical health, and are better informed about food choices;
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:
- Improvements to Mental Health 96%
- Improvements to Physical Health 72%
- Discharged completely from Mental Health Services 16%
- Reduced support from Mental Health Services 28%
- More Structure to my week 100%
- More Connected to others 96%
- Improved Confidence 92%
- Ability to make more positive choices 92%
- Learnt new skills 96%
- Feel more confident 95%
- Better able to make positive changes 98%
- Re-entered education or training 16%
- Gained employment 7%
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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**- 8 -**
## **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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**- 9 -**
## **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:
- Children in Need and St James Place towards our Children, Youth and Families Programme.
- Henry Smith Charitable Trust, Sobell Foundation, Avon and Wiltshire Partnership Mental Health Trust and NHS Charities Together towards our Adult Mental Health Programme.
- National Lottery Community Fund, Postcode Local Trust, Anton Jurgens Charitable Trust and Hartfield Trust towards our Roots to Work Programme.
- West of England Combined Authority to create new pollinator habitats and to scale up our food growing enterprise.
- B&NES Community Infrastructure Levy and Norie Trust towards Bath Shed Project.
- - National Lottery Community Fund and UK Research Innovation to develop our work with the Twerton and Whiteway Network.
- Site improvements from Quartet Community Foundation for an air source heat pump and security cameras, Bathscapes and HDH Wills Trust to replace our perimeter fencing, Forest of Avon for tree planting and Brownsword Charitable Foundation to develop plans for a new office.
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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**- 12 -**
## **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:
- 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 3/9/2024 Bristol BS4 1DQ Date .................................................
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**- 13 -**
## **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
**- 14 -**
## **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
**- 15 -**
## **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 -----**
**- 16 -**
## **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.
**- 17 -**
## **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 -**