OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Page
Report ofthe Trustees 1 to 8
Independent
Examiner's		 Report
Statement ofFinancial Activities 10
Statement ofFinancial Position
Notes to the Financial Statements 12 to 24
Detailed Statement
ofFinancial Activities		 25 to 26

FINANCIAL
SUMMARY
Income for the year
Grants - restncted
and unrestricted		 206,406
Donations,
gifts in kind and legacies
Generated
Income - earned,
membership,		 fundraising 14,250
43,824
Totallncome 264,480
Total funds brought
forward from 2021/22
Unrestricted
—designated
Unrestricted
-free reserves		 158,440
Restricted 27,822
186,262
Total funds available to spend 450,742
Amounts
spent during the year:
Expenditure
for the day to day running
Less' depreciation		 ofthe farm (inc depreciation) 254,350
~17,898)
236,452
Balance for the year 214,200
Funds to be carried forward to 2022/23
Unrestricted
-designated
Unrestricted
-free reserves		 205,896
Restricted 8,395
214,291
- Total incoming resources at E264,480was E55,177higher than in 2021-22
Cash expenditure
at E236,452 was E13,278 higher than 2021-22.
-The other reserves
held by the farm		 comprise ofcapital equipment. These have been funded out of both
restricted
and unrestricted
funds and		 at the year end the amount ofassets held by the farm were:
- Farm assets from Restricted funds - E52,846
- Farm assets from Unrestricted funds - E2,727

FOR THE YEAR E NDED 31 MARC H 2023
2023 2022
Unrestricted Restricted Total Total
Notes funds funds
6		 funds
6		 fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 13,750 13,750 14,862
Charitable
activities
Community
Farm		 30,875 176,031 206,906 177,320
Other trading
activities
Investment
income		 41,258
430		 41,258
430		 15,119
207
Other income 2,136 2,136 1,795
Total 88,449 176,031 264,480 209,303
EXPENDITURE ON
Raising funds 54
Charitable
activities
Community
Farm		 67,497 186,853 254,350 223,120
Total 67,497 186,853 254,350 223,174
NET INCOME/(EXPENDITURE) 20,952 (10,822) 10,130 (13,871)
Transfers between funds 16 24,454 ~24,454)
Net movement
in funds		 45,406 (35,276) 10,130 (13,871)
RECONCILIATION OF FUNDS
Total funds brought forward 163,217 96,517 259,734 273,605
TOTAL FUNDS CARRIED FORWARD 208,623 61,241 269,864 259,734

2. DONATIONS
AND LEGACIES
2023 2022
F
Gifts in kind 214
Donations 13,750 14,648
13,750 14,862
3. OTHER TRADING ACTIVITIES
2023 2022
f f
Earned income 38,683 15,119
Participant
contnbutions		 2,575
41,258 15,119
4. INVESTMENT INCOME
2023 2022
f f
Deposit account interest 430 207
5. INCOME FROM CHARITABLE ACTIVITIES
2023 2022
Community Total
Farm
f		 activities
f
Grants 206,906 177,320
Grants received, included in the above, are as follows
2023 2022
f f
Youth Bank 945
Swansea Council CYP fund (Playfund) 3,500 2,500
SCVS Youth Bank grant 639
Volunteering
Wales (WCVA)		 (1,087) 19,732
National
Lottery Fund —Calon Farm		 63,164 62,608
Persimmon
Community		 Champions Grant 1,000
The Henry Smith Charity 16,300
Oakdale Trust 1,000
Peoples
Health Trust
Austin Bailey Foundation
WCVA Third Sector Resilience		 Fund 3,625 12,689
500
4,346
Western Power Holiday Hunger 1,260
Landfill Disposal Tax Community Scheme 39,983 9,820
Covid Business Support
Swansea Food Poverty		 Grants 3,900 2,000
5,495
Lloyds Bank Foundation
Neighbourly
grant		 for England 8 Wales 27,250 25,000
400
Winter OfWellbeing
Mental Health grant		 22,182 4,750
11,535
Summer
Of Fun		 3,000
Children
In Need Small		 Grants 22-23 500 10,000
RIF Mental
Health		 25,690
206,906 177,320

Direct Support
Costs (see costs (see
note 7)
f		 note 8) Totals
6
Community
Farm		 244,466 9,884 254,350
DIRECT COSTS OF CHARITABLE ACTIVITIES
2023 2022
6 f
Staff costs 156,933 126,927
Rates and water 799 444
Insurance 7,769 6,024
Light and heat 6,195 2,145
Telephone 1,346 3,292
Office, stationery and posts ge costs 1,574 914
Cleaning 1,020 2,535
Tools and materials 20,669 15,629
Staff expenses
and training		 2,027 3,525
Trainer costs 2,285
Repairs and renewals 4,706 3,316
Refreshments 149
Volunteer expenses 6,548 7,451
Animal supplies 8,239 8,649
Subscriptions
&membershi		 ps 2,638 2,208
Security 476 293
Sundry expenses 35
Volunteer
Training		 5,135 4,720
Fundraising
expenses		 310 1,706
Depremation 17,898 21,070
244,466 213,133
SUPPORT COSTS
Support
costs
f
Community
Farm		 9,884
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2023 2022
f
Depreciation
-owned assets		 17,899 21,070

The key management
personnel
of the charity. The total employee		 The key management
personnel
of the charity. The total employee		 The key management
personnel
of the charity. The total employee		 of the charity comprise of the trustees
and the Volunteer
and Training
manager
benefits of the key management
personnel
of the charity were 633,561 (2022:		 of the charity comprise of the trustees
and the Volunteer
and Training
manager
benefits of the key management
personnel
of the charity were 633,561 (2022:		 of the charity comprise of the trustees
and the Volunteer
and Training
manager
benefits of the key management
personnel
of the charity were 633,561 (2022:		 of the charity comprise of the trustees
and the Volunteer
and Training
manager
benefits of the key management
personnel
of the charity were 633,561 (2022:		 of the charity comprise of the trustees
and the Volunteer
and Training
manager
benefits of the key management
personnel
of the charity were 633,561 (2022:
631,428).
31/03/23 31/03/22
F f
Wages and salaries
Social security costs
Other pension costs		 148,069
2,659
6,205		 120,900
1,321
4,707
156,933 126,928
COMPARATIVES FOR THE STATENIENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
8 f 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 14,862 14,862
Charitable
activities
Community
Farm		 29,500 147,820 177,320
Other trading
actwities
Investment
income		 15,119
207		 15,119
207
Other income 1,795 1,795
Total 61,483 147,820 209,303
EXPENDITURE ON
Raising funds 38
Charitable
activities
Community
Farm		 46,772 176,348 223,120
Total 46,788 176,386 223,174
NET INCOME/(EXPENDITURE) 14,695 (28,566) (13,871)
Transfers between funds 23,466 ~23,466)
Net movement
in funds		 38,161 (52,032) (13,871)

SWANSEA COMMUNITY
FARM
NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MARCH 2023		 SWANSEA COMMUNITY
FARM
NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MARCH 2023		 SWANSEA COMMUNITY
FARM
NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MARCH 2023		 SWANSEA COMMUNITY
FARM
NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MARCH 2023
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted Restricted Total
funds
8		 funds fundsf
RECONCILIATION OF FUNDS
Total funds brought forward 125,057 148,548 273,605
TOTAL FUNDS CARRIED FORWARD 163,218 96,516 259,734
13. TANGIBLE FIXED ASSETS
Site Site Fixtures Computer
Development Clearance and &other
& Building
f		 & Equipment
6		 fittings
f		 equipment
6		 Totals
6
COST
At 1 Apnl 2022 626,927 19,885 25,999 22,233 695,044
Additions 383 383
At 31 March 2023 626,927 19,885 26,382 22,233 695,427
DEPRECIATION
At 1 April 2022
Charge for year		 557,411
15,246		 19,885 21,674
1,774		 19,766
879		 618,736
17,899
At 31 March 2023 572,657 19,885 23,448 20,645 636,635
NET BOOK VALUE
At 31 March 2023 54,270 2,934 1,588 58,792
At 31 March 2022 69,516 4,325 2,467 76,308
14. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments
and accrued income		 2023
f
2,281		 2022
5
10,572
5,756
2,281 16,328
15. CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2023
f		 2022
Creditors
Other creditors
Accrued expenses		 4,280
3,723
6,840		 2,307
9,075
5,388
14,843 16,770

Net Transfers
movement between At
At 1.4.22 in funds
6		 funds
6		 31.3.23
f
Unrestricted
funds
Free Reserves		 158,440 (8,101) 55,557 205,896
Designated
-Assets
Cafe		 4,777 (2,050)
453		 (453) 2,727
Community
Unrestricted
Child &Youth Earned		 19,025
1,813		 (19,025)
(1,813)
Adult Volunteers
Earned		 82 (82)
Education
Earned		 3,659 (3,659)
Animals
Earned
Ground
& Buildings		 2,554
3,517		 (2,554)
~3,517)
163,217 20,952 24,454 208,623
Restricted funds
Site development
and building assets
WCVA Third Sector Resilience
Fund
National
Lottery Fund - Calon Farm		 68,695
17,772		 (15,849)
(1,087)
1,726		 1,087
(12,553)		 52,846
6,945
West Glamorgan
Mental Health
21-22		 Fund CYP 3,840 (3,840)
Children
in Need Small Grant 22-23		 10,000 (8,500) (1,500)
Seeds of Change
Neighbourly		 Grant 50 (50)
Western Power Community
Holiday
Hunger
Landfill grant 22-23
RIF Mental
Health for Adults
Playfund
22-23		 Matters- 500
3,304
4,664
630		 (500)
(1,854)
(4,664)
~630)		 1,450
96,517 ~10,822) f24,454) 61,241
TOTAL FUNDS 259,734 10,130 269,864

Net movement
in funds,
includ		 ed
in the above are as fo		 llows:
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
Free Reserves
Designated
-Assets
Cafe		 45,441
(1)
473		 (53,542)
(2,049)
(20)		 (8,101)
(2,050)
453
Community
Unrestricted		 22,146 (3,121) 19,025
Child 8 Youth Earned 4,124 (2,311) 1,813
Adult Volunteers
Earned
Education
Earned		 2,869
3,659		 (2,787) 82
3,659
Animals
Earned
Ground
& Buildings		 3,879
5,859		 (1,325)
~2,342)		 2,554
3,517
Restricted funds 88,449 (67,497) 20,952
Site development
and building assets
WCVA Third Sector Resilience
Fund
National
Lottery Fund - Calon Farm
West Glamorgan
Mental Health Fund CYP		 (1,087)
63,164		 (15,849)
(61,438)		 (15,849)
(1,087)
1,726
21-22
Children
in Need Small Grant 22-23
Seeds ofChange
Neighbourly
Grant
Western
Power Community
Matters-		 22,182
500		 (18,342)
(9,000)
(50)		 3,840
(8,500)
(50)
Holiday
Hunger
Landfill grant 22-23
Youth Bank 22-23
The Henry Smith Charity
Swansea Food Poverty 2022
RIF Mental Health for Adults
Playfund
22-23		 1,260
39,983
639
16,300
3,900
25,690
3,500		 (760)
(36,679)
(639)
(16,300)
(3,900)
(21,026)
~2,870)		 500
3,304
4,664
630
176,031 (186,853) ~10,822)
TOTAL FUNDS 264,480 (254,350) 10,130

Net Transfers
movement between At
At 1.4.21 in funds
f		 funds
f		 31.3.22
f
Unrestricted
funds
Free Reserves 118,127 7,303 33,010 158,440
Designated - Assets
Community
Unrestricted		 6,930 (2, 153)
(296)		 296 4,777
Child &Youth Earned 667 (667)
Adult Volunteers
Earned		 1,382 (1,382)
Education
Earned		 1,925 (1,925)
Animals
Earned
Ground
& Buildings		 3,952
1,914		 (3,952)
~1,914)
125,057 14,694 23,466 163,217
Restricted funds
Site development
and building		 assets 77,799 (18,917) 9,813 68,695
WCVA Third Sector Resilience Fund 13,039 (14,284) 1,245
National
Louery Fund - Calon Farm		 5,940 (5,940)
People's
Health Trust		 5,099 (3,025) (2,074)
BBCChildren
In Need 2017-20		 Extension 13,680 (11,730) (1,950)
National
Lottery Fund - Calon Farm		 18,496 11,740 (12,464) 17,772
Landfill Disposal Tax Community Scheme 14,495 (12,311) (2,184)
West Glamorgan
Mental Health		 Fund CYP
21-22 2,431 (2,431)
Swansea Food Poverty Grant 2021 3,874 (3,874)
Volunteering
Wales 2021 - 2022		 1,795 (1,795)
Playfund
SCC21-22
Children
in Need Small Grant 22-23		 548
10,000		 (548) 10,000
Summer of Fun Grant 2021 564 (564)
Winter ofWellbeing
Youth Bank Fund 2021-22		 1,080
(380)		 (1,080)
380
Seeds of Change
Neighbourly		 Grant 50 50
148,548 ~28,565 ~23,466) 96,517
TOTAL FUNDS 273,605 ~13,871) 259,734

Comparative
net movement
in funds, included
in the ab		 ove are as follows:
Incoming Resources Movement
resources expended in funds
8
Unrestricted
funds
Free Reserves
Designated
-Assets
Community
Unrestricted
Child &Youth Earned
Adult Volunteers
Earned
Education
Earned
Animals
Earned
Ground
& Buildings		 45,162
3,239
2,963
2,880
5,320
1,919		 (37,859)
(2,153)
(296)
(2,572)
(1,581)
(955)
(1,368)
~5)		 7,303
(2,153)
(296)
667
1,382
1,925
3,952
1,914
Restricted funds 61,483 (46,789) 14,694
Site development
and building assets
WCVA Third Sector Resilience
Fund
People's
Health Trust
BBCChildren
In Need 2017-20Extension
National
Lottery Fund - Calon Farm
Landfill
Disposal Tax Community
Scheme
West Glamorgan
Mental Health Fund CYP		 4,347
12,690
(1)
62,607
9,819		 (18,917)
(18,631)
(15,715)
(11,729)
(50,867)
(22,130)		 (18,917)
(14,284)
(3,025)
(11,730)
11,740
(12,311)
21-22
Swansea Food Poverty Grant 2021
Volunteering
Wales 2021 - 2022
Playfund
SCC21-22
Children
in Need Small Grant 22-23
Summer of Fun Grant 2021
Winter of Wellbeing
Youth Bank Fund 2021-22
Seeds ofChange
Neighbourly
Grant		 11,535
5,496
19,732
2,500
10,000
3,000
4,750
945
400		 (9,104)
(1,622)
(17,937)
(1,952)
(2,436)
(3,670)
(1,325)
~350)		 2,431
3,874
1,795
548
10,000
564
1,080
(380)
50
147,820 (176,385) ~28,565)
TOTAL FUNDS 209,303 (223,174) ~13,871)

A current year 12 mont hs
an		 d p rior year 12 mon ths
combined
po		 sition
is as follows		 :
Net Transfers
movement between At
At 1.4.21 in funds
f		 funds
E		 31.3.23
f
Unrestricted
funds
Free Reserves 118,127 (798) 88,567 205,896
Designated
—Assets		 6,930 (4,203) 2,727
Cafe 453 (453)
Community
Unrestricted		 18,729 (18,729)
Child &Youth Earned 2,480 (2,480)
Adult Volunteers
Earned		 1,464 (1,464)
Education
Earned		 5,584 (5,584)
Animals
Earned
Ground
& Buildings		 6,506
5,431		 (6,506)
~5,431)
125,057 35,646 47,920 208,623
Restricted funds
Site development
and		 building assets 77,799 (34,766) 9,813 52,846
WCVA Third Sector Resilience Fund 13,039 (15,371) 2,332
National
Lottery Fund		 —Calon Farm 5,940 (5,940)
People's
Health Trust		 5,099 (3,025) (2,074)
BBCChildren
In Need		 2017-20 Extension 13,680 (11,730) (1,950)
National
LoNery Fund		 - Calon Farm 18,496 13,466 (25,017) 6,945
Landfill Disposal Tax Community Scheme 14,495 (12,311) (2,184)
West Glamorgan
Mental Health		 Fund CYP
21-22 6,271 (6,271)
Swansea Food Poverty Grant 2021 3,874 (3,874)
Volunteenng
Wales 2021 - 2022		 1,795 (1,795)
Playfund
SCC 21-22
Children
in Need Small Grant 22-23		 548
1,500		 (548)
(1,500)
Summer of Fun Grant 2021 564 (564)
Winter ofWellbeing
Youth Bank Fund 2021-22		 1,080
(380)		 (1,080)
380
Western
Power Community		 Matters-
Holiday
Hunger
Landfill grant 22-23		 500
3,304		 (500)
(1,854)		 1,450
RIF Mental Health for
Playfund
22-23		 Adults 4,664
630		 (4,664)
~630)
148,548 ~39,387) $47,920) 61,241
TOTAL FUNDS 273,605 ~3,741) 269,864



as follows:

,
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
Free Reserves 90,603 (91,401) (798)
Designated
—Assets
Cafe		 (1)
473		 (4,202)
(20)		 (4,203)
453
Community
Unrestricted		 22,146 (3,417) 18,729
Child 8 Youth Earned 7,363 (4,883) 2,480
Adult Volunteers
Earned		 5,832 (4,368) 1,464
Education
Earned		 6,539 (955) 5,584
Animals
Earned
Ground
& Buildings		 9,199
7,778		 (2,693)
~2,347)		 6,506
5,431
149,932 (114,286) 35,646
Restricted funds
Site development
and building		 assets (34,766) (34,766)
WCVA Third Sector Resihence
People's
Health Trust
BBCChildren
In Need 2017-20		 Fund
Extension		 3,260
12,690
(1)		 (18,631)
(15,715)
(11,729)		 (15,371)
(3,025)
(11,730)
National
Lottery Fund - Calon Farm		 125,771 (112,305) 13,466
Landfill Disposal Tax Community Scheme 9,819 (22,130) (12,311)
West Glamorgan
Mental Health		 Fund CYP
21-22 33,717 (27,446) 6,271
Swansea Food Poverty Grant 2021 5,496 (1,622) 3,874
Volunteering
Wales 2021 - 2022
Playfund
SCC 21-22
Children
in Need Small Grant 22-23		 19,732
2,500
10,500		 (17,937)
(1,952)
(9,000)		 1,795
548
1,500
Summer of Fun Grant 2021 3,000 (2,436) 564
Winter of Wellbeing
Youth Bank Fund 2021-22
Seeds ofChange
Neighbourly		 Grant 4,750
945
400		 (3,670)
(1,325)
(400)		 1,080
(380)
Western Power Community
Matters-
Holiday
Hunger
Landfill grant 22-23
Youth Bank 22-23
The Henry Smith Charity
Swansea Food Poverty 2022
RIF Mental Health for Adults
Playfund
22-23		 1,260
39,983
639
16,300
3,900
25,690
3,500		 (760)
(36,679)
(639)
(16,300)
(3,900)
(21,026)
~2,870)		 500
3,304
4,664
630
323,851 (363,238) ~39,387)
TOTAL FUNDS 473,783 (477,524) ~3,741)

FOR THE YEAR ENDED
31 MARCH 2023
2023f 2022f
INCOME AND ENDOWMENTS
Donations
and legacies
Gifts in kind 214
Donations 13,750 14,648
13,750 14,862
Other trading activities
Earned income 38,683 15,119
Participant
contributions		 2,575
41,258 15,119
Investment
income
Deposit account interest 430 207
Charitable
activities
Grants 206,906 177,320
Other income
Other income 2,136 1,795
Total incoming resources 264,480 209,303
EXPENDITURE
Other trading activities
Purchases 54
Charitable
activities
Wages
Social security
Pensions
Rates and water		 148,069
2,659
6,205
799		 120,899
1,321
4,707
444
Insurance
Light and heat		 7,769
6,195		 6,024
2,145
Telephone 1,346 3,292
Office, stationery
and postage costs		 1,574 914
Cleaning
Tools and malerials
Staff expenses
and training
Trainer costs
Repairs and renewals
Refreshments		 1,020
20,669
2,027
4,706
149		 2,535
15,629
3,525
2,285
3,316
Volunteer expenses 6,548 7,451
Animal
supplies		 8,239 8,649
Subscriptions
&memberships		 2,638 2,208
Security 476 293
Sundry expenses 35
Volunteer
Training		 5,135 4,720
Fundraising
expenses		 310 1,706
Depreciation 17,898 21,070
244,466 213,133

FOR THE YEAR ENDED 31 MARCH 2023
2023f 2022
6
Support costs
Support costs
Accountancy
fees		 4,094 3,112
Professional
and consultancy		 fees 3,245 3,298
Bank Charges
Recruitment
Expenses		 703
1,842		 2,020
1,557
9,884 9,987
Total resources expended 254,350 223,174
Net income/(expenditure) 10,130 ~13,871)