Reglstered number: 03665818 Charlty number 1076055 NORMANDY COMMUNITY THERAPY GARDEN (A Company Llmlted by Guarantoo) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Llmlted by Guarantse) CONTENTS Page Rehrenee and Admlnlstratlve Detaih of the Company• Its Trustees and Advlsers Tte8S. Report Tt8. Re8ponslbllftles Statement Independent Examlnefs Report Statement ol Flnanclal Acllvltlos 10 Balance Sheet Notes to tho Financial Statsments 13-27
NORMANDY COMMUNtrY THERAPY GARDEN IA Company Umlted by Guarantse) REFERENCE AND ADMINISTrATIVE DEfAILS OF THE COMPANY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Patrons Dame Penelope Keith Jez Stamp A Ever1 Chair J Gaskell (appointed 13 February 2024) E Hussey (appointed 17 October 2023) N P Jones R D Martin, Chalr (appointed on 13 Febrw 2024) A J Pearson, Chair (resigned 13 February 2024) R J Shears, Trthqsurer A Wigley (resigned 1 May 2023) J Woodhams (appointed 17 October 2023) Company reg18tered numbor 03665818 Charity reg18tered number 1076055 Rogistsrnd ofllc• The Therapy Garden, Manor Fruit Fam). Glazi8 Lane, Nomwidy, Guildford, Surrey, GU3 2DT Company secretary S R Diamo1 Accountants Shaw Gibbs (Audit) Limited, Wey Court Wes( Union Road, Famham, GU9 7PT HSBC UK PO Box 160, 12A North Stree( Guildford, Surrey, GU1
NORMANDY COMMUNrrY THERAPY GARDEN IA Company Llmited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 PIARCH 2024 The Trustees present th8ir annual report together with the financial ststements of the Normandy Communlty Therapy Garden for the year 1 April 2023 to 31 March 2024. The Annual Report serves the purposes of both a Trustees. report and a directors. report under company l&v. The Trustees confinn that the Annual Report and financlal statements of the charitable company comply vAth the current statutory requlremants, the requirements of the charitable company's goveming documant and the provisions of the Statement of Recommended Practice (SORP) appllcable to charfties preparing thelr accounts In accordance wlth the Flnandal Reportlng Stsndard applicable In the UK and Republic of Ireland (FRS102) (effeclive 1 January 2019). Slnce the Company quallfles as 8mall under 8ecUon 382 of the Companles Act 2006, the Strateglc Report requlred of medlum and large companles under the Compan188 Act 2006 (Strateglc Report and Directors, Raport) Regulatlon8 2013 has been omitted. 1. ObJKtlve• and actlvltl68 Pollcle• and obJKtIv The Therapy Garden alms to provlde cllent8, who are Ilvlng wEth a leamlng dlsablllty, a mental health condltlon or are vulnerable member8 01 the communlty, wlth an InGreased sense of confidence and wellbelng that resull8 from the gardenln9 programme8 we have developed. In settlng objectlves and plannlng for actlvltle8, the Trustee8 have glven due con81deratlon to general guldance publlshed by the Charty Commlsslon relatlng to publlc bon8fft, Indudlng the guldanco 'Publlc b8n8fitr. runnlng charfty (PB2)'. b. Actfvitlm undertaken to achlovo obJectlve8 Gregn School.. Supporting students from local malnstream and Spedal Educatlonal Needs (SEN) Schools lo work towards an enty level City and Gullds quallficatlon andlor an AQA award. Support Is also provlded to students findlng a tradltlonal classroom setung challenglng wlth one to one provlslon and hands4>n expeilence ol gardenlng. Cuftlvatlng SMII8.' Offerlng Soclal and Therapeutlc hortlculture to adults wlth a range of physlcal or mental health dlfficultles by promotlng wellbelng through actlve engagement wlth hortlculture. Gardonlng for Wellbolnq. A slx week 'soclal prescrlblng, course for those who are anxlous, soclalty isolated or sufferfng from mlkl mental health problems. Stroke of Genlus: Working with Strok8 survlvors referred by the Stroke Assoclatlon. Garden Pastimes: Worklng wllh cllents wlth Alzhelmers or Demen ¢. Maln actlvftl68 undortakon to further the CompanY8 purpose8 for the publlc bonefft The Therapy Garden aims to provide dients, who are living with a leaming disability, a mental health condikn or are vulnerable members of the community, with an Increased sense of confidence and wellbeing that results from the gardening programmas we have developad. We are proud of the support we offor our cllants. Page 2
NORMANDY COIIMUNITY THERAPY GARDEN IA Company Llmited by Guarants•) TRUSTEES. REPORT ICOPrnNUED) FOR THE YEAR ENDED 31 PAARCH 2024 Achlovemonts and p8rfornMnco Rovlew of actlvili68 This year has Sean the majority of the plans made in 2023 come to fwilion. We have continwl the support that we have offered our dients lIe maintaining our cash Ilcw. While our dient numbers have not Increased substantially, we have negotiated higher fees with the schoots and local authoritfes that we Work with. Several of our green school pupils have gained AQA awards recemng in total 27 certificates of achievemenL In addition, 9 of our green school students have passed Cty and Guilds awards at a numbar of Jevel& As agreed in 2023 we have developed further income generating activities by ryo1ng support for people with stroke and dementia on a regular basis. We have also provided support to a Young People with Dementia group. A holiday playsch8ma for young chiklren has akn been well attendad. Bookings for the use of the building during the eveni and *&kends have also increased In addition, various evening events arKI workshops for the publtc hwe been orwised by staff. thich have inThsed avareness of the work we do as weu as raising incom The new management team has worked hard to bring about these dnge& The reduced staff costs initiated in March 2023 have been maintained. Our garden manager went on maternity leave in February 2024 and has been replaced by a part4ime thnt manager with responsibileS for client recruiknent and a part-time volunteer recruitment manager. These posts are beginning to result in increases in both cllent and volunteer numbers. Volunteers are vital to our work at The Therapy Garden and we wr)uld be unable to offer the level of support we give our clients without their help. Our volunteers not only work %wth the clRnts but provide valuable admin support and help wlh general matntenance of the garden and lilding5. Several clxporate volunteer days have been organlsed, provlIj very maintenance help. We are extrety grateful to them all. The garden development has continued. The new Poty TunTl tables are now in place and ¢wr cut Ilower garden has been rejuverklted. We are currenty seeking funding for a shed to allow for secure storage for our tools in a safe and accessible location for all our dents to use. We are also redesigning a part of the garden to create Jubilee walkway and relocating our small emlirrfJ pond to a new locat(on allowirwj for a larger wildllfa pond to celebrate out 25th anniversary in Sept 2024. The garden has been opened to the public for NGS Open Days in 2023 and September 2023. The Normandy Communty Vilkge shop continues to sell produce grown in the garden and crafts made by dients. We maintain and care for the garden surrounding the vtllage war memorial, and planters surrounding the communty café as well as working dosely the other users of Manor Fruit Farm. A Chrbknas event was held for the whoh communty to enpy with carols frorn an ts811c communty ctrK>ir. The Therapy Garden is a working garden and we remain conscious of our environmental Impact. Although, we cannot be certifAd as organic because of our close proximity to neighbouring gardens, we strive to maintaln organic principles by keeping the use of C1MICalS to a minimum and USI localty produced horse manure rather than aficIal fertslisers. We compost our c7 garden vrdste and reuse and recyde as much as possible. We buy, where possible, from local companies. Page 3
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Lknltod by Guarantw) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Achlwoments and perfornMnco (contlnued> b. Fundral•lng acllvllla• and Incomo generauon We wlll continua to monltor our financas dosety and not r on unle8trlc fundlng, whkh Is in short supply at thls present tlm. The Therapy Garden beneffts from a number ol Income Streams, Includlng dlent course fee8, the NGS Open Garden Days where M are able to Sell plants and Produce, as well as offering refreshments to vlsitors. We have also offered a varlety of onewoff hortl[lur8l courses such a8 Ilower arwanglng and the 8ale of produce In the local shop has a180 contributed. 08splte these fundraf8lng acOvlts8, we arn rellant on our spon8or8 and gwant4naklng bodles, Invest In our ackn and cover the core costs Invofved In running our centre. Onfroff, spgclfic grants are also recelved for Speclfic projects for either Improvlng our Infrastructura or Increaslng accessibilty for cll8nts who would otherwlse not be able to attend our centre. The Therapy Gardan wThild very much Ilke to thank the following organisations for their most generous financlal support durlng the 2023r2024 financhal year and those who have remembered the Drk of The Thefapy Garden throwJh indfvldual donatlons, colleckns, legacles and In memorlam. Barbara Ward Chlldrens Foundallon Charfe8 Hayward Coleman Trust Ctrop Davld Wllknm80n Tnmt Derrill Atlat Educational and General Trt Grace Trust Guildford Lions John Cowan Foundatlon John Ltr•ViS Partnership Keith Witham Members Allocatlon Louls Nicholas Reslduary Charitabkn Tnt SW Mikado Ninevah Trust Pixel Fund Souter Charilabl8 Trust Squlres Garden Centre St James Place Surrey Garden T1 Syder Foundalion The Mark Benevolent Fund The Pierpont Trust Wiuiam Wates MenrIal Trust Page 4
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Llmltsd by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2024 Achlgvern•nts and perforniance (continuod Flnanclal rovl a. Golng concern After maklng approprlate enqulrfes, the Trustees have a reasonable 8xpn that the Company has adequate resourc08 to continue In operational exlstence for the foreseeable futurg. For thls reason, they conlinue to adopt the golng concam bast8 In preparlng the financlal statements. Furth&r detalls regardlng tho adoptlon of the golng concern basls can be found In th8 accounllng pollcles. b. Ruorv•• polky The charfty ha8 malntalnad a posldve bank balance, pald Its credftors prompty and remained debt fr88 throughout the perlod. The Trustees, statsd alm Is to malntaln a level of unallocatsd, free reserves roughty equlvalent to 50% of th8 annual runnlng costs. We bolEeva that thls represents an approprfate balance betsveen prudent management of tha chaws reserves and tho doslre to maxlmlse the funds used to support our charltable advll188. At the year end th8 charlty held £81,135 (2023: £82,284) In unr88tr1ctsd ra8eNe8. The charfty a180 hold8 restrlctad funds of £23,762 (2023: £26,914) and a Flxed ass•t fvnd of £116,690 (2023: £150,991). Further detalls of those fund balancas can be found In noté 16 of these flnanclal statements. Prfnclpal r18kA and unc8rtalnt168 A compr8hén8iv8 rf8k regi8t8r 18 malntalned and In additlon to being r8vl8w8d Infomially as part of the regular day-to4lay management of the charity, it is reviewed more fomially by tha board on an annual basls. The board of Tru8tee8 currenty includ88 8pecific 8xpert188 in risk management d. Inve8tm•nt pollcy Glven the level of our reserves, future Ilquldlty requlrements and uncertalnty In the external envlronment, the Trustees conslder that casbaSed Investments with UK banks remaln the most appfopriate home for the charftys fvnds. These arrangements are revivwed regularly as part of our good stewardshlp of the charity's re80urces. 8tructurO1 govornanco and management a. Con8tltutlon Nonnandy Communlty Therapy Garden. to give us our full name, Is registered as a prlvate company in England and Wale8, the company Is limited by guarantee, company number 03665818. It is a180 a registered charity, numbar 1076055 (England & Walos). Page 5
NORMANDY COIIMUNITY THERAPY GARDEN (A Company Umit•d by Guarant#) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 StrnctUrn• governance and manag•m•nt (ntInued> b. Method• of appolntmont or olectlon of TnMt••8 The management ol the COMP Is the responsibllty of the Trust868: the mlnlmum numbor of Trustees is three and there Is no maximum number. The board regulafty rev ils ovm skills and experience against th088 required for th8 charity to achleve Its objectfvts. Indivklual Trustees are Ilmlted to 8ervlng three Succes tamis of three yoars each followlng tholr appolntmont and cannot be rfrdected thereafter, unle88 In exwnal circumsta. Oryanknatlonal •tructuro and d•Cl81n9 pollel•s The Tnte88 are r88pon81ble tr 88tabll8hlng The Therapy Garden'8 strategy and 88ttlng It8 overall dlrectlon. R88pon8lblllty for the day-to4lay Managern of the charlty Is delegated, through the Chalr, to The Therapy Garden Manager, Stslla Diamond and through her to the rest of the staff team. In addltlon. the rk of the charfty Is greaty supported by the efforts of our dedlcaW voluntser8. d. Flnanclal rl•k manag•mo The Trustees have assessed the major rlsks to whlch the Company Is exp03ed, In partlcular those related to the operations and finances of the Company, and are sall8fKd that systsms and procedures are In place to mlttgate exposure to the major rfsks. e. Tru•tee8' Indomnltl•• The charity has a trustee indemnty insurance pofry in place whkh protects Tru8tee8 and Officer8 from clalr arising from negligent acts, errors or omi88ion8 occurrlng while on Tftt bu8in888. Plan• for fulur• p•rfod8 We aro actively recrulllng more cfthts and voluntee(s who can support our dlonts lthen they vlslt the garden. We are hoping to roslart Gardenlng for wel1beh, whlch had been put on hold due to lack of demand. Demand has increased again and a new programme will be Introduced Grow to Work ts an Innlafjve to provlde school leavers wlth work experfence $0 that they can take up pald employmenL We are currenty looking into the feasibility of offering thls at The Therapy Garden. Outcome Measurament of our dlents, experlence at The Therapy Garden is Pnned for the comlng year, which wlll asslst In grant applicatlons as well as allcmlng us to talbr the support offer cllents. 6. Funds held as cuthdlan Blannualty the Trust opens the garden on behalf of the National Garden Scheme (NGS). Tho enty tlcket monies are collected on behalf of the NGS and remitted to them directy after the event takes place. In the year £1,870 (2023: £1,634) was ¢0118Cted on behalf of the NGS and paid out to them.
NORMANDY COMMUNrrY THERAPY GARDEN TRUSTEES REPORT (COPITINUED) FOR THEYEAR ENDED 31 IAARCH 2024 6. Funds hold a5 StOd (Cortin> T. Member5. lthblfy The Member8 01 the COMpY gwarantee to Contr an amount not exceeding £1 to the assets of 1he Company In the event of**)rfmg up. proved by order of the members of the board of Tru8tees and $ld on Ihwr behalfby. A Everltt (Chair ofTnxtseB)
NORMANDY COMMUNrrY THERAPY GARDEN IA Company Umited by Guarantee) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees (who are also the directors of the Company for the purp¢)ses of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable Faw and Unitsd lfjngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi). Company law requires the Trustees to prepare financial statements for each financial year year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair vlew of the state of affairs of the Company and of its incomlng resources and appllcation of resources. includlng Its Income and expenditure. tr that period. In preparing these financlal Statements, the Trustees are required to: select suitable accounting policies and then apply them consistently, observe the methods and principles of the Charftles SORP (FRS 102); make judgements and accounting estimates that are reasonable and prudent, state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any materRI departures disclosed and explalned in the financial statements; prepare the financlal statements on the going concem basis unless it is inappropriate to presume Ihat the Company will continuè in business. The Trustees are responsible for keeping adequate accounttng records that are sufficlent to SIKM and explain the Companys transactions and disclose with reasonable accuracy at any Ilme the financial posftlon of the Company and enable them to ensure that the financial statements compty th the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for tha prevention and detectKin of fraud and other Irregularities. Approved by order of the mambers of the board of Trustees and signed on ts behaw ty. A Everltt (Chair of Trustees) Date". 20.12.24 Page 8
NORhlANDY COIIMUNITY THERAPY GARDEN INDEPENDEKf EXAMINER'S REPORT FOR THE YEAR ENDED 31 PIARCH 2024 Independent Examlnets Report to tho Trustees of Nommndy Communlty Thernpy Garden Ilhe I report to the charity Trustees on my examination of the accounts of tho Company for the year end1 31 March 2024. Responslbllltkns and Bash of Report A8 the Trustses of the Company (and ts directors for the purposes of company law) you are responsible for the preparation of the acGounts in accordance with the requirements of the Companies Act 2006 (e 2006 ACV). Having satisfied my7el that the accounts of Ihe Compary are Mt required to be audited under Part 16 of the 2006 Act and are eligible for independent examinati, I report in respect of my examination of the Company's accounts carried out under section 145 of the clritIeS Act 2011 {'the 2011 Acf). In carrying out my examination I have followed the Directions given ty the Charity Commission under section 145(5){b) of the 2011 Act. Independent Examlnoffs Statoment I have completed my examination. I confirm Ilhqt no matters have come to my attention In connection with the aMInation giving me cause to beth: accounting records were not kept in rw of the Company as required by section 386 of the 2006 Ac(. or the accounts do not accord th those records: or the accounts do not comply the accountirvJ requirements of section 396 of the 2006 Act other than any requirement that the accounts give a and fair view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance the methods and principles of tha Ststemont of Recommended Practice for accounting and reporting by thaTthes [applicable to chariti8s preparing thair accounts in accordance with ts Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come acn)ss no ts matters in connection the examinatlon to 1¢h attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. This report is made solaly to the Companrfs Trust888. as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Companvs Trustees those matters l am required to state to them in an Independent Examiners Report and for no other purpose. To the fvllest extent permitted by law. I do not accept or assume responsibilty to anyone other than th8 Compary and tha Compatys Trus* as a body. for my w)rk or for thfs rwL Signed: MaTk Dlckinson Dated. 20 1 1£ lowf Shaw Glbbs (Audlt) Umltod Wey Court West Union Road Famham GU9 7PT Page 9
NORMANDY COMMUNITY THERAPY GARDEN (A Company Umlted ty Guarante¢> STATEIIIEKf OF FINANCIALACTivrriES (INCORPORATING INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 PaARCH 2024 Restrfcted Total funds 2024 Total fvnds 2023 fund• 2024 funds Iorne from: Donatlon8 and legacles Charilable ac Other tradlng actlviUe8 Investments 49.712 110268 3M74 37W1 166.040 87,502 2,618 173 110,286 3,874 128 Total Incom• I6380 37N1 201,611 256,333 Expondlturo on: Ralsing fund8 Charttable actmtles 24. 769 261,997 80.592 108y6 34J92 Total expondltur• 117.168 lo83 34.392 260,113 286, 766 Not Incom•ll•xpondllur•) Transfers betsmn funds 46,812 ¢71022) 13V92 168,602) (30.433) 16 (67.%1) 67NO Not movement In lund• 13.152 134,301 158,602) (30,433) Reconclllatlon of lund8: Total fund8 brought forward 26.914 100.991 260,189 290,822 Total funds carrfod fornard 61,135 23,762 116,690 201,587 260, 189 Slatement of FIrtsl Actlvlkn Includes all gahis and losses recognl8ed fn the year. The notes on pages 13 to 27 form part of these flnandal slatements. Page 10
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Umitod by Guarantsa REGISTERED NUMBEL. 03665818 BALANCE SHEET AS AT 31 hlARCH 2024 2024 2024 2023 2023 Flx•d a880ts Tangible assets 12 11690 150,991 116.690 150.991 Curront •0 Debtor8 Cash at bank and In hand 13 3,098 114,434 88A57 93I30 117.532 Credltors: amounts falliTrJ due Imlhln one 14 19.033) (8.334) N•t curront M••ts 84m7 109,198 Total a88•ts l•M currnnt Ilabllltl8• 201,687 260,189 Tolal n•t 201,587 260, 189 Charfty fund• R88tricl8d fund8: R88trlcted fund8 R88tr1cted fixed a88et fvnd8 18 16 23,762 116.690 26.914 150,991 Total re8tr1cted funds Unrestricted funds 18 16 140N52 61,135 177,905 82.284 Total fund• 201M7 260, 189 Page11
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Limited by Guarantee) REGISTERED NUMBER: 03665818 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024 The Company was entlued to exemptlon from audit under sectlon 477 of the Companles Act 2008. The member8 have not requlred the company to obtaln an audlt for the y8ar In qu88tlon In accordance wlth sectlon 476 of Companles Act 2008. The Trustees aCknedge thelr responsibllltles for complylng wlth the requlrements of the Act wlth resped to accounting records and preparatlon of financial statements. The financlal statements have bo8n prepared In accordance wlth tho prov181on8 appllcabla to antitles subject to the small companles reglme, The flnanclal 8tatements were approved and author18ed for188ue by the Tru8te88 and 81gned on thelr behalf ty: A Evorftt (Chalr of Trustee8) Date: The note8 on page8 13 to 27 fonn part ol th88e finandal 8tatements. Page 12
NORlaANDY COMMUNrrY THERAPY GARDEN (A Compary Umlted by Guaranteo) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 faARCH 2024 General Informatlon Nomiandy Communty Therapy Garden is a company incorporalad in England and Wales and Ilmlted by 9uarantse. The members of the company are the Trnstee8 names on pag& ono. In the event of the company belng wourKI up, the Ilablllty In respect of the guarant86 18 Ilmited to £1 per member of the company. NOmndY Community Therapy Garden has its reglstered office at Manor Fruit Fami, Glazier8 Lane. Norniandy, Guildford, Surrey, GU3 2DT. Accountlng polld 11 Baots d proparallon ol flnanclal •lalem•nts The Ilnanclal statements have bean prepared In accordance wllh the chaeS SORP (FRS 102) - Accounting and Reporting by Charitles: Statement of Recommended Practic8 applicable to charltie8 preparlng thelr accounts In accordance Vth the Financial Reportlng Standard applicable In the UK and Republlc of Ireland (FRS 102) (8ff6ctha 1 January 2019), the Flnancial Reportlng Standard applkable In UK arKI Repubhc of Ireld (FRS 102) arxl the Compan188 Act 2006. Normandy Communty Therapy Garden meets dofinlllon of a publtc benefit enoty under FRS 102. A888ts and Ilablmles are Intlialty r8cognl8ed at hlstorlcal cost or tran8athn value unless 01heIO Statsd In the relevant accounting pollcy. 22 Golng concern The Trustees assess whether the u8e of going concem is appropriate l.e. whether there are any materlal uncertalntles related to events or condltions that may cast slgnificant doubt on the ablllty of tho charty to conllnue as a golng concern. The Trustees make thls assessment In respect of a perlod of at least one year from the of authorlsatlon for Issue of the financlal statements and have conduded that the charlty has adequats resources to contlnue In op8rational existence for the lore8eeable firture and there are no matsrial uncertalntles about the charitys abillty to continue as golng concem, thus they continue to adopt the goong concem ba818 of accounling In preparing the finandal ststoments. Page 13
NORMANDY COIAMUNrrY THERAPY GARDEN (A Company Llmlled by Guarantse NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 fdARCH 2024 Accountlng pollclo8 (Mntlnu•d) 2J In¢om• All Income Is recognl¥ed once the Company has 8ntiUemffit to the Income, Itls probable that the Income wlll b6 recefved and the amount of Income recelvable can b? measured reliably. The recognition of income from legacles Is dependent on establlshlng enthmenc the probablllty of receipt and the ability to 85te with sufficient accuracy the amount recelvable. Evid6nce of entitlement to a legacy exi8ts when the Company has sufflcient evldence that a gfft has be8n18ft to them (through knthedge of the exlstance of a valid will and the death of the benofactor> and the axecutor is satisfied that the property In queskn will not bg requlred to satlsfy claims in the estate. Receipt of a legacy must be recognlsed en It Is probabla that it will be received and the falr value of the amount rece6vaNe, whlch wlll generalty the expected cash amount to be dlstrlbuted to the Compary, can be relkbly Muled. Grants are Included In the Statement of Flnandal AclvlUe8 on a r8celvabl8 bA81s. Tho balanco of Income recelved for speclfic purpose8 but not expended durlng the perlod18 shown In the relevant funds on the Balance ShgeL Where Income Is recelved In advance of entltl8m8nt of r8celpt, Its recognitlon Is deferred and Induded In credltors as deferred Income. Where enUtlement occurs before income Is received, the Income is amed. Gifts In ktnd donated for dSstributlon are Included at valuallon and recognl8ed as Income when they are dl8tributed to the projects. (¥fts tn klnd bth £500 ar8 not recognlsed. Where the donated good 18 a Ilxed asse( It Is measured at falr value, unless tt 18 Impracllcal to measure thls rellabty, In lch ca8e the cost of the Item to the donor should be used. The galn 18 recognlsed as Income from donations and a correspondlng amount Is Includ8d Sn tho approprfate fixed assel dass and depreclated over the useful economlc life In a{rdance wlth the Compan18 accounting pollclas. On receip( donated professlonal servlces and facllllles are recognlsed on the bas15 of the value of the gift to the Company which Is the am¢)unt it would have been willing to pay to obtaln servlces or facilitles of equlvalent economlc benefit on the open market a correspondlng amount Is then recognlsed In experKlknre In the perkoj of rncelpt Income lax rec¢)verabkn In relation to Invesknent kncome Is recogn18ed at the tlme the Invesknent Income Is receIvab. Other incorne is recognised In the perlod In whlch It Is recelvablg and to the extent the goods have been provided or on completion of the servi Page 14
NORhlANDY COIIIIUNrrY THERAPY GARDEN NOTES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcl88 (conllnued) 2A Expondllurn EXFdire is recognised once there is a lega or cOnstrude oblytion to transfer economlc benefit to a third paty. it probabk that a trdnsfer ol economlc benefits will be required In settlement and the amount of the 0]gatIOn can be measured reliabty. Expenditure is classified by actsvity. The costs of each activty are made up of the total of direct costs and shared costs, induding support costs Involved in undertaking each acbvity. Direct costs attributable to a single activity are allocated directly to that actsvity. Shared costs vthich contrute to more than ona acbvity and support costs which are not attributable to a single activity are apportioned between those activitRs on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spen( and depreciation charges allocated on the porbon of the assefs use. Expendilure on raising funds indudes all expenditure incurred by the Company to raise fvnds for its charitable purposes and Inclu costs of all fundraising activities events and nonble tradin9. Expendlture on charitable activ118 irUrred on diredy undertthng ts actsvitses lch further the Compan8 obiectsves, as pII as any support costs. 2ts Intore8t recolvabl• Interest on funds held on deposit is included when receivable and the amount can be measured reliabty by the Company. this is normalty UP notsfKation of the interest paid or payable by the inststution with whom the furth are deposile 2.6 Tanglblo flxod agsets and doprncknllon Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable arKI the cost or value of the asset can be measured relAbly. Tangible fixed assets are nitialty recognised at cosL After recogniti, under the cost model, tangible fixed assets are measured at cost less accurnulated depreciation arKI any accumulated impairment losses. AJI costs incurred to bring a tangible red asset into its intended thing Conditi shoukl be IrKluded in the measurement of cosL Deprecialion ts charged so as to allocata the cost of tangiblo fixwj assets less their residual value over thair estimated useful I. Land and Bulldlngs Plant and machlnery Improvements to property - 5% straight line - 25% strdight line - 25% stralght line 17 Debtorn Trade and other deblors are recogned at the setttement amount after any trade discount offered. Prepayments are valued at the amount Prep net of any trade discounts due. Page 15
NORAIANDY COMIIUNrrY THERAPY GARDEN (A Cornpany Lknknl by Guaranta•) NOTES TO THE FINANCL4L STATEMENTS FOR THE YEAR ENDED 31 IIARCH 2024 Accounllng pollclos (continuedl 18 Cash at bank and In hand Cash at bank and in hand indudes (ash and short4em) highly liquid investsnents with a short maturlty of three months or less from the date of wuisilion or openlng of the depost or similar account 19 Lknbllllle8 and provknlons Liabilities are recognwl when there ts an obligation at the Balance Shaet dats as a resutt of a past even( ft is probable that a trartsfer of economic benefft will be required in settlemnt, and the amount of the seltlefftht can be estimated relw. Liabilities are recognised at the amount ttmt the Company antscipates it will pay to settle the debt or the amotmt it has received as advanced Paym for the goods or services ft must provide. Provisions are measured at the best estim of the amounts required to settle the obligation. Where the effect of the vthe of money Mater1. the provision is based on tr present value of those amounts, discounted at the pre-tax discount rate that refleds the iisks specik to the liablty. The unwinding of the discount is recognised in the Statement of Financial Actsvibes as a finance cosL 110 Flnancknl Instruments The Company onty has financial assets and financial Ilabfflties of a kind that qUaty as basic financial instruments. Basic financ1 instruments are initsalty recognised at transaction value and subsequentty measured at tsir settl value exception of bank loans vthlch are subsequenty m&qsured at amortil cost using the effectNe interest method. 111 Penslons The Company operates a defined contribution pension scheme arKI the penslcm charge represents the amounts pardlAe ty the Company to the fund in of the year. 112 Fund accounling General fijnds are unrestrlcted fuThls whlch are available for use at the dtscrellon of the Trustees In furtherance of the general obiectsves of ts Company arrfl which have not been designatsd for other purposes. Restricted funds are fvnds which are to be used in accordance wlth speclfic restrictions irnposed by donors or which have been rdised by the Company for partUlar purposes. The costs of raising and administerirvJ such furKls are charged against the specific fund. Tha alm and use of each restricted fund is set out in the notss to ts frwKlal statements. Invesknent Income, galns and losses are ajkjcated to ts appropTiate fund. Page 16
NORfwiDY COMMUNITY THERAPY GARDEN (A Company Llmltod by Guarantee NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 IAARCH 2024 Incomo from donations and legacle8 Unrestrfcted Rostrlctod fixed asset funds fun( fund 2024 2024 2024 Total funds 2024 Total fvnds 2023 Donations Grants Simikr incomtng re80urces 16,903 19,600 13,209 2,131 35,400 19.034 39,677 115,615 10.748 13309 49,712 37.531 87.243 166,040 Totd 2023 97.166 63,615 5,259 166.040 Income from thrflable acdvttles Unrestrlcted funds 2024 Total fvnds 2023 funds 2024 Client Income Venue Hire 109,883 109,883 87,177 325 110,266 110.266 87.502 Income from thr tradlng actlvltles In¢oma from lundr*kng ovonts Unrostrfcted Total funds 2024 Tot fvnds 2023 2024 Prcmluce and garden sales 3,874 3,874 2,618 Page 17
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Llmfted by Guarnntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Investment Income Unrnstricted fund8 2024 Total funds 2023 lund8 2024 Investrnent income 128 128 173 Anatysls of expondlture on charftable actlvlllos Summary by fund type Unrestrlcted Restrlcted funds funds 2024 2024 Total 2024 Total 2023 Charitsble aclivities 80,592 142,937 223,529 261,997 Tot812023 122, 500 139,497 261,997 Anatysts of expendlturn by actlvltles Activities undertaken dlrectly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Charitable activlttes 120,559 102,970 223,629 261,997 Total 2023 143.560 118,437 261,997 Page 18
NORMANDY COIIIIUNifY THERAPY GARDEN (A Compary Lknited by Guaranteel NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 fdARCH 2024 Anatysls of expendlture by actlvlkn Icontlnued) Charltsblo activities Total funds 2024 Total fvnds 2023 staff costs Bulldlng malntenance Garden equipment and consumables Catering costs Cafe expenses Client equipment IT costs Shop equipment and stock Utilities and service charges Travel arml subsistsnce Cleaning Insurance Health and safety Support staff - dient facing Printing, postage and Statiery Staff costs. gifts and training 93,842 292 6,995 3,513 93 116,712 919 5,904 2.390 70 292 6,995 3A13 362 305 62 3,236 18 3,493 2,296 2,917 1,849 1,887 1,414 330 3,851 330 3,851 2,755 2,327 2,755 2.327 1,660 120,559 120,559 143,560 Page 19
NORklANDY COMMUNITY ThERAPY GARDEN (A Company Llmlted by Guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IIARCH 2024 Anatysls of expendlture by aetlvltles Icontlnued) Analysls of support costs Charltable actlvltles 2024 Total funds 2024 Total fvnds 2023 61.776 34,392 61,776 34A92 696 79,673 33,055 834 352 592 172 142 70 114 35 48 230 710 (1,002) 3.412 Depreciation Bullding maintenance Garden equipment and consumables IT costs Utllfties arKI 8eThice clHrges Insurance Heallh and safdy Printing, postage and statiery Telephone and intemet Legal and profeSnal Bank tharges Staff costs, gifts and training Profft on disposal of fixed assets 768 552 212 170 61 212 170 61 33 48 164 810 810 3.207 3307 102,970 102.970 118,437 Independent examlnetr8 remuneratlon 2023 Fees payable to the Companys independent examiner for the irKlependent examination of the Companls annual accounts Fees payth to the Companys ind*nt examlner in respect ot. All other services rt included above 2,032 2,412 Page 20
NORAIANDY COMIIUNITY THERAPY GARDEN Company Lhnited by Guarnntsa) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Staff costs 2024 2023 Wages and salwies Soc#al security costs 174A25 7h78 2,013 200,659 9.888 3.502 183.916 214,049 During the previous year three emthees. Son$ m rnade redundant Payments in Lieu of Notice (PILON) of £1,752 and £1,450 of hofthy pwy. was to these employees. No redundancy payments were due to the employees concemed. The average number of persons employed by the Company during the yw as foll. 2024 No. 2023 FurKlraising Support 10 12 No employee received rernurRrth amounting to more than £60,000 in eilher year. 11. During tho year, no Trustees reCVed remuneration or other beneffts (2023- £NIU. During the year erKled 31 March 2024, no expenses have incurred (2023- £NIL). Page 21
NORMANDY COMMUNITY THeRAPY GARDEN (A Company Llmited by Guarantso NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Tanglble fixed assets Freehold Plant and Other fixed property machlnery Total Cost or valuatlon At 1 Aprll 2023 Additions 305,917 51,820 60,980 418,717 At 31 March 2024 305,917 51,911 60,980 418,808 Depreclation At 1 Aprll 2023 Charge for the year 216,437 11,008 35,064 8,139 17,226 15,245 267,726 34,392 At 31 March 2024 226,446 43,203 32N70 302,118 Net book valuo At 31 March 2024 79,4n 8,708 28,510 116.690 At 31 March 2023 90,480 16,756 43. 755 150.991 13. Debtors 2023 Duo wlthln (Th year Trade debtors 3,098 3,098 Page 22
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Umlted by Guarantso) NOTES TO THE FINANCIAL STATEMEKf8 FOR THE YEAR ENDED 31 MARCH 2024 14. Credllorn: Amoun1• faulng due wlthln on• yoar 2024 2023 Trad8 credltors Other taxation arKI 8ocAI serIty other credltors Accruals and defeThed Income 448 3,198 2A36 3,824 9,033 8,334 16. Flnanclal In•trum•nts 2024 2023 Flnanclal a88•ts Flnanclal assets measured at falr value through Irmme and expendllure 88A67 114,434 Financlal assets measured at falr valu8 throLvJh Irthme and eyndlture comprfse ca8h at bank and In hand. Page 23
NORMANDY COMMUNITY THERAPY GARDEN (A Company Umlt•d by Guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. 8tatem6nt of fund8 statement of funds - currnnt year Restrlcted fvnds comprlse fundlng recelved for speclftc projects In whlch the charity has Involvement and can onty be spent In fvrthedng the alms of that partlcuknr proJ8cL Balanc• at 31 March 2024 Balanc? at 1 Aprfl 2023 Tran81er8 Inlout Incom• Expondlture Unmtrlclod lund8 General Fund8 - all funds 81284 163,980 (67,981 > 61,136 Rmtrlcted fund• A8plre kltchen Garden equipment and toollng Irrlgatlon systam Green School Garden Pastlmes Hlgh Sherlff Tra5nlng fund Jublle8 walkway Pathways Shed Stroke of genlus utllty bllls Tables Soclal prescrfblng 1,363 5,000 11,263) (678) 1744 4860 7.066 4,860 21,938 3,000 1,349 2,000 1,760 (88,890) (5213) (1Ag0) 64,962 1,652 131 10 2,000 (1.760) 5,000 6.000 (3,319) 2,188 169 1,021 6,741 5,618 (4302) (2A78) 1A39 3,037 26,914 37,631 1108.653) 8770 23,762 Balance at 31 March 2024 Balance at 1 Aprll 2023 Transfers Inlout Income Expendlture Restrfeted fixed assot funds Restricted fixed asset fund 150,991 134,392) 91 116.690 Total Restricted funds 177,905 37.631 (142.946) 67,961 140A52 Totsl of fun( 260.189 201.611 1260,113) 201A87 Page 24
NORMANDY COMMUNrrY THERAPY GARDEN IA Company Umlted by Guaranteo NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. 8tst•ment of funds (contlnued) statement of funds - prlor year Bal8nc8 at 31 March 2023 Balance 81 l Apnl 2022 Transfer8 In/out Incom8 Expandlturn Unrn8trlcted fund8 General Funds - all fund8 95,562 187,459 (147,269J (53,468) 82,284 Ro•trlcted lund• Asplre garden tools A8plre kltchon Compo8t bays Core c08ts Garden equlpment and toollng Irrtgthn 8y8tem Green School Garden Pastim08 Hlgh Sh8rlff Tralnlng fund Polytunnel Pathways 305 (305) 500 (250) (35,370) (4,000) (223) (140) (20,243) (4,855) (496) 250 13,000 22,370 2,662 305 2,744 4, 860 5,000 20,243 6.507 3,627 1.652 131 (3,000) (7,000) 7,000 15,498 6, 750 (22,248) Stroke of genlus Ulilty b1118 Tables Social prescriblng PPEI safety equlpment 2, 133 (2, 133) (2,353) 374 1,021 5. 741 5,515 1,741 13,859 121 (10,344) (121) 48.964 63,615 (IOZ 776) 17,111 26,914 Balance at 31 mafi 2023 Balanc8 at 1 Aprf 2022 Tran8fers Income Exp8ndfturn Restrictod red as86t funds Restricted fixed asset fund Improvement to property Equipment 102,911 19,208 21,195 (11432) (10,823) (10,684) 90,479 43, 755 16,757 35,370 987 5,259 Paga 25
NORMANDY COMMUNrrY THERAPY GARDEN (A Company Limited by Guarantse) NOTES TO THE FINANCIAL STATEIIIENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Statement of funds (contlnu¢d) Statement of funds - prfor year (contlnued) Balance at 31 March 2023 Balance at l Apn'l 2022 Transfers irnlout Incom8 Expendirn Motor vehides 2, 782 (2, 782) 146,096 5,259 (36. 721) 36.357 150,991 Tolal Restrlctod funds 195,060 68.874 (139.497) 53.468 177,905 Total of funds 290,622 256,333 (286, 766) 260. 189 Page 26
NORMANDY COIIMUNrrY THERAPY GARDEN IA Company Umlted by Guarant#> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 17. Anatysls of net assets betvmn funds Analysls of net assets between funds . currtht p•rfod Unrestrlcted Reslrfctsd fixed asset funds funds fund 2024 2024 2024 Total funds 2024 TaTvJible fad assets Current assets CreditoryJ due wilhln one year 116.690 116,890 93.930 19.033) 70,168 (9.033) 23.762 Total 61.135 23,762 116.690 201,587 Analysls of net assèts betweon funds. prlor perknd Restricted Total fund8 2023 fund8 2023 fvnds 2023 fund 2023 TangiNe ed assets Current assets Creditors duo Imlhin one year 150.991 150.991 117.532 (8.334J 90.618 (8.334) 26.914 81284 26,914 150,991 260,189 18. Ponslon commltsnents The charity operates a defined contribution pension scheme. The assets of the scheme are held separatety from those of the group in an indepondenty adminlstared fund. The pension cost charge represents contributions payable by the charity to the fvnd. At the year end £844 (2023 - £1864) was due to the fund and is induded in other cr8ditor& 19. Rolatod party transathns The Nonnandy Community Therapy Garden has not entered into any relatad paty transaction during the year, nor are there any outstarmling balances owing between relaled parties arKI the Normandy Communty Therapy Garden at 31 21Y24. Page 27