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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 03899645 (England and Wales) REGISTERED CHARITY NUMBER: 1079907

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

SWANSEA COMMUNITY FARM

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

SWANSEA COMMUNITY FARM

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Statement of Financial Position 10
Notes to the Financial Statements 11
to		 24
Detailed Statement of Financial Activities 25
to		 26

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Our Vision

To be an inspirational city farm, a valued and much-loved resource for the people of Swansea, serving as a model for healthy living, environmental sustainability and community participation, empowerment and cohesion.

Our Mission

Helping to reconnect people of all ages, backgrounds and abilities with their food, their environment and each other at the only city farm in Wales.

Our Aims

The activities of the farm are reported under four programme headings:

Child & Youth

Develops the skills, confidence, self-esteem and knowledge of children and young people between the ages of 8 and 18 through engagement in the running and development of Farm activities, training, and free play opportunities within a safe, supportive and stimulating environment.

Adult Volunteer & Training

Adult volunteers participate in the running and development of the Farm, equipping them with the knowledge, skills and confidence to move forward in life, improve their health, move towards further education or employment, and contribute positively to the Farm and wider communities.

Education

Providing farm-based training, employability programmes, school visits, and accredited courses based on outdoor, practical, hands-on learning and investigating a range of environment and food related issues.

Events and Community

Nature and wellbeing events, community fetes, and site hire to other community organisations and groups.

Page 1

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE

Despite the unforeseen challenges of this year, we have continued to provide opportunities for volunteering, training, school visits and play to hundreds of people in the local community.

Child and Youth Programme

Funded by partly by a grant extension from BBC Children in Need, and West Glamorgan Regional Integrated Partnership, this programme supports vulnerable young people from 8-18 years old, including those with autism, children who have experienced Adverse Childhood Experiences, and those with emotional or behavioural difficulties. We run weekly 'Farm Clwb' sessions.

Activities included:

-Trip to commercial sheep farm to learn about lambing

From April 2021 to March 2022, 50 young people have taken part in Farm Clwb completing a total of 2662 hours of volunteering. 27% of the young people have a learning disability, 20% have an emotional or mental health concern (including eating disorders, OCD and Self-Harm) 23% have ASD.

Impact

Through recording the impact the Farm has had on the children and young people 23 reported a significant progress in increasing their skills, 16 made significant progress in feeling better about themselves and 21 made significant progression bettering their relationships

One young person said "I started attending the farm because it is a fun safe space and it has animals. Animals really help. It has given me a safe place to be outside where I can play with animals. It has helped to get me out of the house more. The people are nice. I feel safe and happy with the animals"

Guardian of a young person said "Z struggled with social settings and school - He has attended 4 schools including a PRU pre -diagnoses. Z has never been able to attend extra-curricular activities or playgroups because of his disruptive behaviours and dysregulation. Z's self- esteem has been very low, not able to make lasting friendships….. Since attending the Farm Z has gone from refusing to go to making friends, boosting his self-esteem and confidence. He has even been voted 'Star Farmer' by his peers."

Playschemes

22 playscheme sessions were held with 334 children attending across the year. Feedback included "Such a lovely morning. The children enjoyed so much and so did I." Fantastic venue, we will definitely be back, appealed to my 3-year-old and 14-year-old!!"

Wiggly Worms

92 children have taken part in the new toddler Wiggly Worms session. Sessions include seeing the animals, story time, themed crafts and a cuppa for the adults sessions have been booked online through Eventbrite and have been very popular. Sessions are charged for so contribute towards earned income although some free spaces are always available.

14 Families attended additional toddler sessions run for a local young parents support group.

Wellbeing Wednesday

Wellbeing Wednesday is a once-a-month session for young people who are not attending formal education due to poor mental health. In the first 3 months 18 young people attended the sessions. With referrals from numerous organisations and departments throughout the council's family services.

Page 2

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Education and group visits

11 school visits took place including visits from pupil referral units and STF units. (Much of the school term was still affected by covid restrictions with schools not allowing trips)

Adult Volunteer and Training Programme

In the last 12 months, adult volunteers have continued to be central to the day to day running of the Farm and in return have been supported to improve their health, wellbeing, skills and confidence despite us having to limit numbers during lockdowns. Their work means that the Farm was able to reopen to the public from September 2021, which allowed many more people to enjoy the safe and stimulating play and green spaces at the Farm.

The main volunteer programme is funded by National Lottery Communities Fund which underpins all of our core work improving the wellbeing of adults through purposeful engagement in the work of the Farm.

In addition, we received WCVA funding for a Young People's Support Worker, who worked with us from autumn 2021 to March 2022 to increase our numbers of under-25 volunteers, and to offer them specific support for their wellbeing and training needs.

Numbers of adults involved:

We have worked with 115 volunteers this year, of whom 91 were new.

They contributed 6738 hours to the running of the Farm.

30% of our volunteers identify as living with a disability and over 50% have mental health issues.

Many are drawn to the opportunity to work outdoors and with animals, and to join a healthy, inclusive community. We have seen an increase in number of young volunteers, including many neurodiverse and trans young people. They find the supportiveness of the Farm community vital in improving their confidence.

Impact:

Since June 2018 we have been using the Short Warwick Edinburgh Wellbeing Scale to monitor the wellbeing improvements of volunteers over longer periods of time. The Scale provides a standardised evidence-based measurement tool to demonstrate impact. It is clear that many volunteers see wellbeing improvements after joining our programmes, especially as regards feeling useful and feeling connections with other people.

One young man said that Farm volunteering keeps him occupied. He's looking for work, but there aren't many workplaces which support autistic people. Of volunteering, he says:

'I definitely think that all the skills I've learnt and the confidence I've gained will help me a long way in the future. It's an opportunity to learn something and I'm always going to dive head first into it because there's lots of skills to learn and different bits and pieces.'

Another volunteer, who struggled with loneliness through lockdown, says if he wasn't here, 'I would probably just be sitting around at home doing nothing.' He loves learning and says, 'I'm always interested in learning new things, so coming up here has given me a chance to learn a little bit about nature.'

Volunteers really appreciate the social side of volunteering, especially since lockdown. One volunteer, who is new to Swansea, says: 'As an adult, it's quite tough to meet new people, especially if you're not in a workplace or if you're new to an area ... [volunteering is] a great way to meet people. It's completely new for me, getting good experience on the Farm and learning new skills. Every time I come, every week it's different and really fun.'

A SUMMARY OF OUR YEAR AT THE FARM

Since the farm first began as a charity over 25 years ago it has had to adapt to many external factors including local and national government priorities, contraction and expansion of funding opportunities and legislative changes and now a global pandemic. This year our focus has been supporting our community.

Page 3

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

During this financial year Swansea Council's Cabinet approved our lease application for 35 years. This needs to go to the legal team before final sign off.

FINANCIAL REVIEW

Investment policy

Under the Memorandum and Articles of Association, the Charity has the power to make any investment which the trustees see fit in furtherance of the Objects of the Farm.

The charity has a policy of keeping surplus liquid funds in short-term deposits which can be accessed readily.

FINANCIAL PERFORMANCE

The Farm's financial position remained stable in 2021-22.

As with all areas of activity the Covid19 restrictions had an impact on financial performance. With the easing of restrictions, our earned income this year was increased (£15,119 compared to £4,494 in the previous year) but has not returned to pre-pandemic levels. Many income generating activities such as café sales and school visits could not take place during the year. Whilst school and other activity that could take place outside have begun to return our café has remained closed.

We were fortunate to be awarded a Third Sector Resilience grant from WCVA in March 2021 specifically to invest in fundraising capacity as we anticipate income generation will remain challenging over the next year. The WCVA funding includes a loan element with 24 months interest free which will also help fund income generation.

We were also delighted to receive a grant from Lloyds Foundation towards unrestricted that also includes a package of training, consultancy and support for staff and trustees.

Income -£209,303 (£236,661 in 2020-21)

Total income decreased compared to the previous year as a result of not receiving covid relief grants, delaying some project activity and having restricted funds to carry over from the previous year. We are very grateful for the support and flexibility of all our grant funders during the year.

Expenditure - £ 223,174 (£182,587 in 2020-21)

Total expenditure increased due to adding staff members and delivering additional training and events postponed from the previous year. Most costs remained similar, and we were pleased to be able to continue running our main volunteering programmes for the whole year.

The Farm as a Going Concern

The Board of Trustees regard the Farm as a going concern.

Page 4

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

FINANCIAL REVIEW

Reserves policy

The Trustees have established a policy whereby the minimum unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the Charity should be equivalent to six months operating costs. At this level, the Trustees feel that the current activities of the Charity would be able to continue in the event of significant drop in funding. Should this occur, it would be necessary for the board to consider the required adjustments to funding and activities to meet the strategic goals of the organisation. At present the free reserves meet this target.

FINANCIAL SUMMARY

Income for the year
Grants - restricted and unrestricted
Donations, gifts in kind and legacies
Generated Income - earned, membership, fundraising
Total Income
Total funds brought forward from 2020/21
Unrestricted - designated
Unrestricted - free reserves
Restricted
Total funds available to spend
Amounts spent during the year:
Expenditure for the day to day running of the farm (inc depreciation)
Less: depreciation
Balance for the year
Funds to be carried forward from 2021/22
Unrestricted - designated
Unrestricted - free reserves
Restricted		 £
177,320
14,862
17,121
-
118,128
70,749
223,174
(21,070)		 £
209,303
188,877
398,180
202,104
196,076
-
158,426
27,836
186,262

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Swansea Community Farm is a charitable company limited by guarantee, incorporated on 24th December 1999 and is a registered charity. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, the members are required to contribute an amount not exceeding £10.

Page 5

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The Directors of the Company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association, one-third of the Trustees who are subject to rotation, retire at the Annual General Meeting and retiring Trustees who are eligible may declare their intention to stand for re-election.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 03899645 (England and Wales)

Registered Charity number

1079907

Registered office

2 Pontarddulais Road Fforestfach Swansea West Glamorgan SA5 4BA

Trustees

Dallas Baker (left Jan 22) Ann Bell (left March 21) Chris Badman Anne White Sarah Daniels Jonas Rae Chris Boyce Hayley Williams Andrew Poole Angela Williams (Appointed May 22)

Independent Examiner

Henry Lloyd Davies Institute of Chartered Accountants in England and Wales Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

Page 6

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

Lloyds Bank Plc 802 Oxford Street Swansea SA1 3AP

Swansea Building Society 11 Craddock Street Swansea SA1 3EW

Triodos Bank Deanery Road Bristol BS1 5AS

STAFFING

Farm Manager Kate Gibbs Wellbeing Officer Katharine Aylett Child & Youth Worker Cerys Jones Fundraising Worker Louise Morgan Animal Wellbeing Worker Alun Thomas Youth Wellbeing Support Worker Aimee Passmore Wellbeing Support Worker Gordon Edwards Finance Worker Meghana Ransing

Sessional Support Staff

Helen Emms, Paul Abraham, Peter Diamond, Shannon Tinnuche, Johnathan Robison, Laura Martin, Kate Williams Thanks on behalf of the Farm to all of the above for their hard work and dedication over the year.

Approved by order of the board of trustees on 22 November 2022 and signed on its behalf by:

Mrs A Williams - Trustee

Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

Independent examiner's report to the trustees of Swansea Community Farm ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

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

Independent examiner's statement

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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.

Henry Lloyd Davies Institute of Chartered Accountants in England and Wales Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

Date: ..22 November 2022......

Page 8

SWANSEA COMMUNITY FARM

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 14,862 - 14,862 5,250
Charitable activities
Community Farm 29,500 147,820 177,320 222,908
Other trading activities 3 15,119 - 15,119 4,494
Investment income 4 207 - 207 9
Other income 1,795 - 1,795 4,000
Total 61,483 147,820 209,303 236,661
EXPENDITURE ON
Raising funds 16 38 54 1,702
Charitable activities 6
Community Farm 46,772 176,348 223,120 180,885
Total 46,788 176,386 223,174 182,587
NET INCOME/(EXPENDITURE) 14,695 (28,566) (13,871) 54,074
Transfers between funds 16 23,466 (23,466) - -
Net movement in funds 38,161 (52,032) (13,871) 54,074
RECONCILIATION OF FUNDS
Total funds brought forward 125,057 148,548 273,605 219,531
TOTAL FUNDS CARRIED FORWARD 163,218 96,516 259,734 273,605

The notes form part of these financial statements

Page 9

SWANSEA COMMUNITY FARM (REGISTERED NUMBER: 03899645)

STATEMENT OF FINANCIAL POSITION 31 MARCH 2022

Notes
Unrestricted
funds
£
FIXED ASSETS
Tangible assets
13
6,816
CURRENT ASSETS
Debtors
14
9,031
Cash at bank and in hand
159,794
168,825
CREDITORS
Amounts falling due within one year
15
(12,424)
NET CURRENT ASSETS
156,401
TOTAL ASSETS LESS CURRENT LIABILITIES
163,217
NET ASSETS
163,217
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
69,492
7,297
24,074
31,371
(4,346)
27,025
96,517
96,517		 2022
Total
funds
£
76,308
16,328
183,868
200,196
(16,770)
183,426
259,734
259,734
163,217
96,517
259,734		 2021
Total
funds
£
90,669
6,762
194,499
201,261
(18,325)
182,936
273,605
273,605
125,057
148,548
273,605

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 22 November 2022 and were signed on its behalf by:

Mrs A Williams - Trustee

The notes form part of these financial statements

Page 10

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grant income is accounted for on an accruals basis and is shown in the financial statements when the Charity earns the unconditional right to the funds. Grants received for a specific purpose are treated as restricted funds. Revenue grants are credited directly to the Statement of Financial Activities and Capital grants are released over the life of the asset in line with the depreciation policy.

Donations and similar incoming resources represent monies received by the charity from charitable donations and gifts. These are recognised in the Statement of Financial Activities upon receipt.

Interest receivable is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Earned income is recognised on sale of goods or when the service is provided.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

The costs of generating funds comprises those costs associated with generating income. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities, both costs directly attributable and indirect support costs. Governance costs include those costs associated with meeting constitutional and statutory requirements of the Charity.

All costs allocated between expenditure categories are on a basis designed to reflect their resource usage. For some costs this means direct allocation to activities, other costs are apportioned, e.g. by staff time spent on the activity, or another equitable usage measure.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the Charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Site Development & Building - Over the term of the lease

Page 11

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES - continued

Tangible fixed assets Site Clearance & Equipment - Straight line over 4 years Fixtures and fittings - Straight line over 4 years Computer & other equipment - Straight line over 4 years

Site clearance, development and building costs are capitalised and shown at cost including any incidental costs of acquisition, design costs and professional fees.

Site clearance, development and building costs have always historically been amortised over the life of the lease held, however as the lease is currently in negotiation for extension the Trustees have decided to depreciate over a life of 5 years from 01/04/2018 until the outcome of the lease extension is known. Once the outcome is know a decision will be made going forward on how to correctly depreciate the site clearance, development and building costs.

Corporation taxation

The charity is exempt from corporation tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Fund accounting

Unrestricted funds: 'Free reserves' are unrestricted funds not committed to specific projects, programmes or purposes and can be used in accordance with the charitable objectives at the discretion of the Trustees. 'Designated unrestricted funds' are part of the unrestricted funds which trustees have earmarked for a particular project or use, without restricting or committing the funds legally.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

Employees of the charity are entitled to join a defined contribution 'money purchase' scheme or employees can enter an auto enrolment pension scheme. The charity contribution is restricted to the contributions disclosed in note 11. There were no outstanding contributions at the year end.

The money purchase plan is managed by Ashcourt Rowan and the plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan. The pension fund is then converted into a pension upon the employee's normal retirement age which is defined as when they are eligible for a state pension. The total expense ratio of the plan is 2.5% and this is deducted from the investment fund annually. The charity has no liability beyond making its contributions and paying across the deductions for the employee's contributions.

Company status

The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.

Preparation of the accounts on a going concern basis

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

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 at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

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.

Page 12

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES - continued

Company status

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.

Presentational and functional currency

The charity's presentational and functional currency is GBP.

2. DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES
2022 2021
£ £
Gifts in kind 214 -
Donations 14,648 5,250
14,862 5,250
3. OTHER TRADING ACTIVITIES
2022 2021
£ £
Earned income 15,119 4,494
4. INVESTMENT INCOME
2022 2021
£ £
Investment income 207 9
5. INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Community Total
Farm activities
£ £
Grants 177,320 222,908
Grants received, included in the above, are as follows:
2022 2021
£ £
Youth Bank 945 -
Swansea Council CYP fund (Playfund) 2,500 2,500
Volunteering Wales (WCVA) 19,732 -
Moondance Foundation - 9,800
BBC Children In Need 2017-20 - 9,581
National Lottery Fund – Calon Farm 62,608 57,116
Persimmon Community Champions Grant 1,000 -
The Henry Smith Charity - 29,800
Oakdale Trust 1,000 -
Peoples Health Trust 12,689 9,064
Austin Bailey Foundation 500 -
Carried forward 100,974 117,861

Page 13

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

5. INCOME FROM CHARITABLE ACTIVITIES - continued

INCOME FROM CHARITABLE ACTIVITIES - continued
Brought forward
CYP Fund 2020 SCC
WCVA Third Sector Resilience Fund
Play Sustainability 2021
BBC Children In Need Extension
Swansea Food Poverty Fund 2020
Landfill Disposal Tax Community Scheme
Covid Business Support Grants
Food Poverty
Lloyds Bank Foundation for England & Wales
Neighbourly grant
Winter Of Wellbeing
Mental Health grant
Summer Of Fun
Children In Need Small Grants 22-23		 2022
£
100,974
-
4,346
-
-
-
9,820
2,000
5,495
25,000
400
4,750
11,535
3,000
10,000
177,320		 2021
£
117,861
1,728
13,039
4,053
19,162
945
39,278
26,842
-
-
-
-
-
-
-
222,908

6.

7.

CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
Community Farm
£
213,133
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rates and water
Insurance
Light and heat
Telephone
Office, stationery and postage costs
Cleaning
Food purchases
Tools and materials
Staff expenses and training
Trainer costs
Repairs and renewals
Volunteer expenses
Animal supplies
Subscriptions & memberships
Security
Volunteer Training
Fundraising expenses
Depreciation		 Support
costs (see
note 8)
£
9,987
2022
£
126,927
444
6,024
2,145
3,292
914
2,535
-
15,629
3,525
2,285
3,316
7,451
8,649
2,208
293
4,720
1,706
21,070
213,133		 Totals
£
223,120
2021
£
101,429
881
6,397
1,935
2,433
2,429
1,204
1,679
8,680
2,700
-
5,043
4,414
6,694
1,589
1,043
2,009
-
23,478
174,037

Page 14

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

8. SUPPORT COSTS

9.

SUPPORT COSTS
Support
costs
£
Community Farm 9,987
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
£ £
Depreciation - owned assets 21,070 23,476

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

During the year, no trustees had any reimbursed expenses (2021: £nil)

11. STAFF COSTS

The average monthly number of employees during the year was as follows:

2022 2021
16 18

No employees had employee benefits in excess of £60,000 (2021: nil). Pension costs are allocated to activities in proportion to the related staffing costs incurred and are charged to funds based on the hours worked relating to that fund.

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil). Trustees had no reimbursed expenses during the year (2021:£nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

The key management personnel of the charity comprise of the trustees and the Volunteer and Training manager of the charity. The total employee benefits of the key management personnel of the charity were £31,428 (2021: £29,261).

Wages and salaries
Social security costs
Other pension costs		 31/03/22
£
120,900
1,321
4,707
126,928		 31/03/21
£
97,891
87
3,450
101,428

The average number of employees for the year was 16 (2021:18)

Page 15

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 4,747 503 5,250
Charitable activities
Community Farm 36,642 186,266 222,908
Other trading activities 4,494 - 4,494
Investment income 9 - 9
Other income 4,000 - 4,000
Total 49,892 186,769 236,661
EXPENDITURE ON
Raising funds - 1,702 1,702
Charitable activities
Community Farm 40,610 140,275 180,885
Total 40,610 141,977 182,587
NET INCOME 9,282 44,792 54,074
Transfers between funds 32,090 (32,090) -
Net movement in funds 41,372 12,702 54,074
RECONCILIATION OF FUNDS
Total funds brought forward 83,682 135,849 219,531
TOTAL FUNDS CARRIED FORWARD 125,054 148,551 273,605

Page 16

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

13. TANGIBLE FIXED ASSETS

Site
Development
& Building
£
Site
Clearance
& Equipment
£
COST
At 1 April 2021
626,927
19,885
Additions
-
-
At 31 March 2022
626,927
19,885
DEPRECIATION
At 1 April 2021
538,898
19,885
Charge for year
18,513
-
At 31 March 2022
557,411
19,885
NET BOOK VALUE
At 31 March 2022
69,516
-
At 31 March 2021
88,029
-
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors
Other creditors
Accrued expenses		 Fixtures
and
fittings
£
22,125
3,874
25,999
19,997
1,677
21,674
4,325
2,128		 Computer
& other
equipment
£
Totals
£
19,398
688,335
2,835
6,709
22,233
695,044
18,886
597,666
880
21,070
19,766
618,736
2,467
76,308
512
90,669
2022
£
10,572
2021
£
521
5,756
6,241
16,328
6,762
2022
£
2,307
2021
£
6,535
9,075
4,346
5,388
7,444
16,770
18,325		 Computer
& other
equipment
£
Totals
£
19,398
688,335
2,835
6,709
22,233
695,044
18,886
597,666
880
21,070
19,766
618,736
2,467
76,308
512
90,669
2022
£
10,572
2021
£
521
5,756
6,241
16,328
6,762
2022
£
2,307
2021
£
6,535
9,075
4,346
5,388
7,444
16,770
18,325
76,308
90,669
2021
£
521
6,241
6,762
2021
£
6,535
4,346
7,444
18,325

Page 17

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. MOVEMENT IN FUNDS

Unrestricted funds
Free Reserves
Designated - Assets
Community Unrestricted
Child & Youth Earned
Adult Volunteers Earned
Education Earned
Animals Earned
Ground & Buildings
Restricted funds
Site development and building assets
WCVA Third Sector Resilience Fund
National Lottery Fund - Calon Farm
People's Health Trust
BBC Children In Need 2017-20 Extension
National Lottery Fund - Calon Farm
Landfill Disposal Tax Community Scheme
West Glamorgan Mental Health Fund CYP 21-22
Swansea Food Poverty Grant 2021
Volunteering Wales 2021 - 2022
Playfund SCC 21-22
Children in Need Small Grant 22-23
Summer of Fun Grant 2021
Winter of Wellbeing
Youth Bank Fund 2021-22
Seeds of Change Neighbourly Grant
TOTAL FUNDS		 Net
movement
Transfers
between
At
At 1.4.21
£
in funds
£
funds
£
31.3.22
£
118,127
7,303
33,010
158,440
6,930
(2,153)
-
4,777
-
(296)
296
-
-
667
(667)
-
-
1,382
(1,382)
-
-
1,925
(1,925)
-
-
3,952
(3,952)
-
-
1,914
(1,914)
-
125,057
14,694
23,466
163,217
77,799
(18,917)
9,813
68,695
13,039
(14,284)
1,245
-
5,940
-
(5,940)
-
5,099
(3,025)
(2,074)
-
13,680
(11,730)
(1,950)
-
18,496
11,740
(12,464)
17,772
14,495
(12,311)
(2,184)
-
-
2,431
(2,431)
-
-
3,874
(3,874)
-
-
1,795
(1,795)
-
-
548
(548)
-
-
10,000
-
10,000
-
564
(564)
-
-
1,080
(1,080)
-
-
(380)
380
-
-
50
-
50
148,548
(28,565)
(23,466)
96,517
273,605
(13,871)
-
259,734

Page 18

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
Free Reserves
Designated - Assets
Community Unrestricted
Child & Youth Earned
Adult Volunteers Earned
Education Earned
Animals Earned
Ground & Buildings
Restricted funds
Site development and building assets
WCVA Third Sector Resilience Fund
People's Health Trust
BBC Children In Need 2017-20 Extension
National Lottery Fund - Calon Farm
Landfill Disposal Tax Community Scheme
West Glamorgan Mental Health Fund CYP 21-22
Swansea Food Poverty Grant 2021
Volunteering Wales 2021 - 2022
Playfund SCC 21-22
Children in Need Small Grant 22-23
Summer of Fun Grant 2021
Winter of Wellbeing
Youth Bank Fund 2021-22
Seeds of Change Neighbourly Grant
TOTAL FUNDS		 Incoming
resources
£
Resources
expended
£
Movement
in funds
£
45,162
(37,859)
7,303
-
(2,153)
(2,153)
-
(296)
(296)
3,239
(2,572)
667
2,963
(1,581)
1,382
2,880
(955)
1,925
5,320
(1,368)
3,952
1,919
(5)
1,914
61,483
(46,789)
14,694
-
(18,917)
(18,917)
4,347
(18,631)
(14,284)
12,690
(15,715)
(3,025)
(1)
(11,729)
(11,730)
62,607
(50,867)
11,740
9,819
(22,130)
(12,311)
11,535
(9,104)
2,431
5,496
(1,622)
3,874
19,732
(17,937)
1,795
2,500
(1,952)
548
10,000
-
10,000
3,000
(2,436)
564
4,750
(3,670)
1,080
945
(1,325)
(380)
400
(350)
50
147,820
(176,385 )
(28,565)
209,303
(223,174 )
(13,871)

Page 19

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
Free Reserves
Designated - Assets
Cafe
Child & Youth Earned
Adult Volunteers Earned
Education Earned
Animals Earned
Ground & Buildings
Core
Restricted funds
Site development and building assets
The Henry Smith Charity
CYP Youth Fund SCC
WCVA Third Sector Resilience Fund
Garfield Weston Foundation
BBC Children In Need 2017-20
National Lottery Fund - Calon Farm
People's Health Trust
Playfund 2020-2021 SCC
BBC Children In Need 2017-20 Extension
Swansea Food Poverty Fund 2020
National Lottery Fund - Calon Farm
Landfill Disposal Tax Community Scheme
TOTAL FUNDS		 Net
movement
Transfers
between
At
At 1.4.20
£
in funds
£
funds
£
31.3.21
£
77,435
-
40,693
118,128
6,247
(1,893)
2,575
6,929
-
54
(54)
-
-
117
(117)
-
-
1,669
(1,669)
-
-
(388)
388
-
-
2,099
(2,099)
-
-
43
(43)
-
-
7,584
(7,584)
-
83,682
9,285
32,090
125,057
94,479
(21,585)
4,905
77,799
-
8,740
(8,740)
-
-
389
(389)
-
-
13,039
-
13,039
11,099
(6,588)
(4,511)
-
7,913
(5,829)
(2,084)
-
11,480
(1,448)
(4,092)
5,940
10,878
(3,745)
(2,034)
5,099
-
510
(510)
-
-
13,680
-
13,680
-
(1)
1
-
-
29,856
(11,360)
18,496
-
17,771
(3,276)
14,495
135,849
44,789
(32,090)
148,548
219,531
54,074
-
273,605

Page 20

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
Designated - Assets
Cafe
Child & Youth Earned
Adult Volunteers Earned
Education Earned
Animals Earned
Ground & Buildings
Core
Restricted funds
Site development and building assets
The Henry Smith Charity
CYP Youth Fund SCC
WCVA Third Sector Resilience Fund
Garfield Weston Foundation
BBC Children In Need 2017-20
National Lottery Fund - Calon Farm
People's Health Trust
Playfund 2020-2021 SCC
Play Sustainability Grant 2021
BBC Children In Need 2017-20 Extension
Swansea Food Poverty Fund 2020
National Lottery Fund - Calon Farm
Landfill Disposal Tax Community Scheme
Groundworks
TOTAL FUNDS		 Incoming
resources
£
Resources
expended
£
Movement
in funds
£
-
(1,893)
(1,893)
56
(2)
54
117
-
117
2,500
(831)
1,669
(245)
(143)
(388)
2,081
18
2,099
43
-
43
45,340
(37,756)
7,584
49,892
(40,607)
9,285
-
(21,585)
(21,585)
29,800
(21,060)
8,740
1,728
(1,339)
389
13,039
-
13,039
1
(6,589)
(6,588)
9,581
(15,410)
(5,829)
-
(1,448)
(1,448)
9,065
(12,810)
(3,745)
2,499
(1,989)
510
4,053
(4,053)
-
19,162
(5,482)
13,680
946
(947)
(1)
57,116
(27,260)
29,856
39,279
(21,508)
17,771
500
(500)
-
186,769
(141,980 )
44,789
236,661
(182,587 )
54,074

Page 21

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
Free Reserves
Designated - Assets
Cafe
Community Unrestricted
Child & Youth Earned
Adult Volunteers Earned
Education Earned
Animals Earned
Ground & Buildings
Core
Restricted funds
Site development and building assets
The Henry Smith Charity
CYP Youth Fund SCC
WCVA Third Sector Resilience Fund
Garfield Weston Foundation
BBC Children In Need 2017-20
National Lottery Fund - Calon Farm
People's Health Trust
Playfund 2020-2021 SCC
BBC Children In Need 2017-20 Extension
Swansea Food Poverty Fund 2020
National Lottery Fund - Calon Farm
Landfill Disposal Tax Community Scheme
West Glamorgan Mental Health Fund CYP 21-22
Swansea Food Poverty Grant 2021
Volunteering Wales 2021 - 2022
Playfund SCC 21-22
Children in Need Small Grant 22-23
Summer of Fun Grant 2021
Winter of Wellbeing
Youth Bank Fund 2021-22
Seeds of Change Neighbourly Grant
TOTAL FUNDS		 Net
movement
Transfers
between
At
At 1.4.20
£
in funds
£
funds
£
31.3.22
£
77,435
7,303
73,703
158,441
6,247
(4,046)
2,575
4,776
-
54
(54)
-
-
(296)
296
-
-
784
(784)
-
-
3,051
(3,051)
-
-
1,537
(1,537)
-
-
6,051
(6,051)
-
-
1,957
(1,957)
-
-
7,584
(7,584)
-
83,682
23,979
55,556
163,217
94,479
(40,502)
14,718
68,695
-
8,740
(8,740)
-
-
389
(389)
-
-
(1,245)
1,245
-
11,099
(6,588)
(4,511)
-
7,913
(5,829)
(2,084)
-
11,480
(1,448)
(10,032)
-
10,878
(6,770)
(4,108)
-
-
510
(510)
-
-
1,950
(1,950)
-
-
(1)
1
-
-
41,596
(23,824)
17,772
-
5,460
(5,460)
-
-
2,431
(2,431)
-
-
3,874
(3,874)
-
-
1,795
(1,795)
-
-
548
(548)
-
-
10,000
-
10,000
-
564
(564)
-
-
1,080
(1,080)
-
-
(380)
380
-
-
50
-
50
135,849
16,224
(55,556)
96,517
219,531
40,203
-
259,734

Page 22

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
Free Reserves
Designated - Assets
Cafe
Community Unrestricted
Child & Youth Earned
Adult Volunteers Earned
Education Earned
Animals Earned
Ground & Buildings
Core
Restricted funds
Site development and building assets
The Henry Smith Charity
CYP Youth Fund SCC
WCVA Third Sector Resilience Fund
Garfield Weston Foundation
BBC Children In Need 2017-20
National Lottery Fund - Calon Farm
People's Health Trust
Playfund 2020-2021 SCC
Play Sustainability Grant 2021
BBC Children In Need 2017-20 Extension
Swansea Food Poverty Fund 2020
National Lottery Fund - Calon Farm
Landfill Disposal Tax Community Scheme
Groundworks
West Glamorgan Mental Health Fund CYP 21-22
Swansea Food Poverty Grant 2021
Volunteering Wales 2021 - 2022
Playfund SCC 21-22
Children in Need Small Grant 22-23
Summer of Fun Grant 2021
Winter of Wellbeing
Youth Bank Fund 2021-22
Seeds of Change Neighbourly Grant
TOTAL FUNDS		 Incoming
resources
£
Resources
expended
£
Movement
in funds
£
45,162
(37,859)
7,303
-
(4,046)
(4,046)
56
(2)
54
-
(296)
(296)
3,356
(2,572)
784
5,463
(2,412)
3,051
2,635
(1,098)
1,537
7,401
(1,350)
6,051
1,962
(5)
1,957
45,340
(37,756)
7,584
111,375
(87,396)
23,979
-
(40,502)
(40,502)
29,800
(21,060)
8,740
1,728
(1,339)
389
17,386
(18,631)
(1,245)
1
(6,589)
(6,588)
9,581
(15,410)
(5,829)
-
(1,448)
(1,448)
21,755
(28,525)
(6,770)
2,499
(1,989)
510
4,053
(4,053)
-
19,161
(17,211)
1,950
946
(947)
(1)
119,723
(78,127)
41,596
49,098
(43,638)
5,460
500
(500)
-
11,535
(9,104)
2,431
5,496
(1,622)
3,874
19,732
(17,937)
1,795
2,500
(1,952)
548
10,000
-
10,000
3,000
(2,436)
564
4,750
(3,670)
1,080
945
(1,325)
(380)
400
(350)
50
334,589
(318,365 )
16,224
445,964
(405,761 )
40,203

Page 23

continued...

SWANSEA COMMUNITY FARM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

18. RESTRICTED FUNDS

WCVA Third Sector Resilience Grant BBC Children in Need 2017-20

Playfund 2020-2021 SCC BBC Children in Need 2017-20 - Extension

National Lottery Fund - Calon Farm

People's Health Trust Landfill Disposal Tax Community Scheme

Children in Need Small Grant

West Glamorgan Mental Health Fund CYP

Seeds of Change Neighbourly Grant

Volunteering Wales 21-22 Playfund 2021-22

Children in Need Small grants 22-23

Summer of Fun

Winter of Wellbeing Grant Youth Bank Swansea Food Poverty Grant 2021

Salary costs for Fundraiser to generate income

Farm based activities for children and young people to increase confidence, improve life skills, health and wellbeing School holiday playscheme.

Child & Youth Programme - Growing Stronger Project - Staffing and expenses

Adult Volunteer & Training Programme - Calon Farm for All project.

Adult Volunteer and Training: Farm Ways to Wellbeing Project Engaging volunteers and the community in Nature Conservation activities on the farm and heath.

Contribution to Farm based activities for young people- sessional staff and expenses

Salary Costs for Child and Youth staff to involve more YP struggling with their mental health

Seeds and Tools for food and wildflower growing activities. Salary Cost for Youth Volunteer Support Worker and volunteer training and expenses to engage more YP in volunteering School Holiday Playscheme staffing and expenses

For spend in 22-23 additional staffing for Saturday Farm Clwb (CYP)

Additional School holiday playschemes for Covid affected families

Additional staffing and expenses to involve more young people struggling with wellbeing in Farm CY activities

Fund for Spray Painting training for YP (applied for by YP) Funding to feed those struggling with food poverty

Page 24

SWANSEA COMMUNITY FARM

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

INCOME AND ENDOWMENTS
Donations and legacies
Gifts in kind
Donations
Other trading activities
Earned income
Investment income
Investment income
Charitable activities
Grants
Other income
Other income
Total incoming resources
EXPENDITURE
Other trading activities
Purchases
Wages
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Office, stationery and postage costs
Cleaning
Food purchases
Tools and materials
Staff expenses and training
Trainer costs
Repairs and renewals
Volunteer expenses
Animal supplies
Subscriptions & memberships
Carried forward		 2022
£
214
14,648
14,862
15,119
207
177,320
1,795
209,303
54
-
54
120,899
1,321
4,707
444
6,024
2,145
3,292
914
2,535
-
15,629
3,525
2,285
3,316
7,451
8,649
2,208
185,344		 2021
£
-
5,250
5,250
4,494
9
222,908
4,000
236,661
-
1,702
1,702
97,891
87
3,451
881
6,397
1,935
2,433
2,429
1,204
1,679
8,680
2,700
-
5,043
4,414
6,694
1,589
147,507

This page does not form part of the statutory financial statements

Page 25

SWANSEA COMMUNITY FARM

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Charitable activities
Brought forward
Security
Volunteer Training
Fundraising expenses
Depreciation
Support costs
Support costs
Accountancy fees
Professional and consultancy fees
Bank Charges
Recruitment Expenses
Total resources expended
Net (expenditure)/income		 2022
£
2021
£
185,344
147,507
293
1,043
4,720
2,009
1,706
-
21,070
23,478
213,133
174,037
3,112
3,963
3,298
1,583
2,020
39
1,557
1,263
9,987
6,848
223,174
182,587
(13,871)
54,074

This page does not form part of the statutory financial statements

Page 26