REGISTERED COMPANY NUMBER: 03753908 (England and Wales) REGISTERED CHARITY NUMBER: 1082954 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR THE CARDEN GATE PROJECT LTD. Spurling Cannon Chartered Certified Accountants 424 Margale Road WL%tw(iod Ranisgate Kent CT12 6SJ
THE GARDEN GATE PROJECT LTD. CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees Independent ExAMlller's Report Statement ot. Flnanclal Actlvltles Balanee Sheet Notes to the Flnanclal Statement5 8 to 13
THE GARDEN GATE PROJECT LTD. (REGISTERED NUMBER: 03753908) REPORT OF THE TRUSTEES FOR I'HL YEAR ENDED 31 MARCH 2025 The Irustees who are also directors of the cliarity for th¢ purtK)5es of the Compaiiies Act £006, present their report with the financial slalemenls of the charit), for the year ended 31 March 2025. The trustees have adopted ihe provisions of Accounling and Reporting by C,harilie%.' StutcmLnl ot Recoinm¢ndLd PrdLtiLL appliLdblL to Lharitie% prLparing theii- dccuunt% in aLLordanLe Wlth tlie FinanLidl Reporting Standard applicable in the UK and Republic ofTreland (FRS 1021 (effective l Jaiiuary 2019). OBJECTIVES AND ACTIVITIES a. POLICIES AND OBJECTIVES Tlic objcctivcs of thL C"'harity arc to promotL thc priscrvalion and safcouarding of mLntal health and thc rclicf of PLrsons suffering trom mental disorders in association with the Nalional Associalion of Mental Health. The charity also provides support tor adults with leaming disabilities. The Trustees have an agreement with Kent County Council lo provide day support services. b. AC'.TIVITIES FOR AC.HIEVING OBJECTIVES Our funding LOMLS froni Ihc (iardLn G&lL taeilily in CliftonvillL. This now runs with regards to direct paymLnts and outsidL fL'soufLCS ie. private donations. tiind raising and grani applicalion5. Page I
THE GARDEN GATE PROJECT LTD. (REGISTERED NUMBER: 03753908) REPORT OF THE TRUSTEES FOR I'HL YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE a. KEY FJNANCIAL PERFORMANCE INDICATORS The Garden Gale considers two needs when reviewing the cl)arity's activities - the needs of the clienls and ihe needs of the cliarily. The ¥harity endeavors lo operaie services wliich are purposeful lo Iliose who participale, striving to iTnprove well-being and the fulfilmenl of some aspirations of partlcipants whilst aiming lo be a self-sufficient charity in a challenging economic eni'ironmenL As such the charity aims lo hold sutTicieni reserves ai all tiines which allow for the eonlinualion of quality services 10 clients for a pcriod of at ILaSt six months in thL unlikcl J sccnario that all publiL funding ccascs. ThL cost ot-six months of aLtivilics withoLII publiL tunding changes aiinually bul are currently estiinaled lo be approximately £70.000 (£140,000 in a lull year). Thi5 estiinated cost excludes costs assoLialed with fundraising activities. b. REVIEW OF ACTIVITIES ThL Garden Gatc ProjLLI inadc a profit for Ihc ycar of £8,268.67 (2024 - L4,896.41}. Tolal income for the year was £155,668.60 (2024 _ £159.282.69) with expenditure of £147,.199.93 (:024 - £154,386.28). Income reduced by £3,613 almogi all of wl)ich is because of reduced income fi'oin clienis. This 18, ai least for now, not of concern to the Iruslees beLause { l) it only represents a reduction of 211/0 and (2) SULh income can fluLluate due to the nurnber of Llients which the Charity serv¢s. Expenditure reduced by £6,986 - more than ot74etling Ihe rediiced income, This reduced expenditure 14 u result ot 4uvingti on %latlin¥ cosis (boih salaried and self-employed) as Ihe chariiy aims (o i'espond as flexibly as possible 10 ihe liangIng nuinber and needs of its Llienls. Fixed Assets Expenditure li ¢apildlised when >ULh LO811 are li) signifi¢dnl dnd (li) likely lo be uf value t.or dl least l.our year.4, Aciordinglv, the charily spreads such costs oN'er a period of four years by applying depreciation on a straighl-line basis of 25fy/u annually. There were no fixed asset purLhtsseb in the year. The nel book i'alue of fixed assets al the year end was L2,451.94.. Wood Burner- purchased Januarv 2021- NBV £0 Solar Panels- purchased November 2021- NB V £J)4.80 Solar Panels - pui-cha5¢d January ?023 NBV £391.64 Conlainer- purchased Augu>*i 20?3 - NBV £1,725.50 Funds The lund b&lanLes represent the reserves available lo the Garden Gale al any point in lime. These fiinds Laii either be unrestricted or restricted (i.e. wlien they Inust be speiil 3ccordingF lo ihe ternii of the funding, provided}. The restricted fund balaiice at year-end was £1.892.9.1. This is the money remaining from a grant provided by the Global Giving Fund lo ¢nabl¢ the Gai'den Gale lo purchase %olar pMnLls. £726.44 01" thL .s0liJr punLIs PLifLha%Ld rL"mdLn% to bL Lhdr¥Ld to tliL aLLount% in fulurL yLaPi (thL nLI buuk valLIL uf IliL' solar panels as shown above) which will leave a balaiice of £1,166.49. The lolal of all tunds at year-end was £177.539.94 with the balaiice ot £175,(Tr47.01 {2024 - £166,58n.60) beingF unrestricted. Suinmdry The Garden Gale continues to generate aiinual protits in difticult economic limes. This is entirely due to fund raising and other income generation aLlii'ili¢s. During the year approximately £33,500 was generated from such activities - donations, events, sales, bank intere%t, gyarden hire etc, with the a4%cKiated expenditure on Ihe%e <iclivitie% e%limate% lo have beeii a little over £5,000. Page 2
THE GARDEN GATE PROJECT LTD. (REGISTERED NUMBER: 03753908) REPORT OF THE TRUSTEES FOR I'HL YEAR ENDED 31 MARCH 2025 This fundralsing and other income generation has led lo unrestricted funds loialliiig £175,647 which is far in exLesb of the requirement to hold reserves equiiyal¢iit to at least six months of activity without public fundinb, {¢urreiitly estimated ro be approximately £70.000). As per Ihe trusiees reserves policy. consideration will be given lo investing this excess funding lo enliance and impi'ove the serviLb% provided to Lliont% but unly when suLli inN'L.%tmLnl is Ut7oTduble, fed%ible and pruvidL.4 goud vllluL fur nioney. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng doeument TIIC iharily is controlled by its govLrning dociiinLnt, a dcLd of trust, and LonstilutLs a limited Lompany, limilcd b). guarantLc, as delined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Re2istered Company number 03753908 (England and Walcs) Reglstered Ch*rlty number 1082954 Registered office 424 Margyate Road Westwood Rdni%gdle Keni CT12 6SJ Trustees N M Bdllerbee MsSLBigg Ms A L Nichols R Sattery K Harrison Direclor {re5igned 71111?024) P C Burton DireLlur (deLell%ed 2W212025) Company SeeretAry N CondiDn Ind¢pend¢nt ExMmln¢r Andrew Cannon Spurling Cannon Chartered Certified Accountan15 424 Margale Road WL%lwood Ram5gate Kent CTI? 6SJ Appruved by ordcr of the bomrd of tru4tLL% on 31 August 2025 and %ignLd on it% behalf by: R Saftery - Trustee Page 3
INDEPENDENT EXAIWINER'S REPORT TO THE TRUSTEES OF THE GARDEN GATE PROJECT LTD. Independent examiner's report to the trustees of The C#rden Gate Project Ltd. ('the Compg)ny') I report to the charity trustees ov] my exaillination of the accounts of the Coinpany for the year ended .31 March 2025. Re5ponsibilitie5 and bgsi5 of report As the charit} s Iruslees ol the Coinpany {aiid also ils directors for the purposes of company law) yOLi are responsible for Ilie prcpurutiun uf the acLuunt% in alLrdance with the requiremlt% uf thc Coinpunie% ALt 2006 ('thL 20U6 Act,). H&ving salisfi=d myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 ALt and are eligFibl¢ t.or independ¢iil examiiiatioii, I report iii respect of my examination of your charity's account5 a5 carried out under Section 145 of the C'harities Aci 2011 ('Ihe 201 l Act,). In carrying out my examinalion I have followed the Directions given by the C.harily Q'.ommission under ScLtion 145(51 (b) of the 201 I ALt. Independent examlner's stxtement I have completed my exdmiiialion. I contirm thal no malters have coine to my attentioii in Lonnection with the examiiiation gFiving7 Ine cause 10 belIee.. accoiinting records were not kepl in re5pecl ot. the c.ompany as reqiiired by Section 386 01. the 2006 Act. or the accounts do not acconl with thos¢ records; or the aceoiint,% do nol comply with the (ieenunlingT reqLiirement% of. Section 396 of the 2QQ6 Act other than iiny requirement tli&t tl)e acLountS gyle a rruL' and fair view whiLh is nul a nialic'r considered as part of an indL'pendent exaininarion. or the accounts have not been prepared in aLLordance with the methods and priiikniples of the Statement ()f Recon)meiided Practice for accouiiting and repoi1ing by charities (applicable to chariiies preparing> their accounts in ac¢ordanc¢ wilh th¢ Financial Reporting Standard applicable in the UK and Republic of Irelalld (FRS 102)). I have no concerns and hai.'e coine across no oiher rnaiiers in connection wilh Ihe examinaiion io which aiieniion should be drawn in this repon in order to enable a proper understanding of the accounts to be reached. Andrew Cannon Spurlin(F Cannon Cl)arlered Cerlified Accounlanis 424 MargatL Rodd Westwood Ramsgale Keiit CT12 6SJ 28 July 2025 Page 4
THE GARDEN GATE PROJECT LTD. STATEMELNT OF FINANCIAL ACTIVITIES FOR I'HL YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total fiinds Unrestricted lund Restricted funds INCOME AND ENDOWMENTS FROLWI Dondtion4 IcguLiL. 123,462 10.029 133.491 141,893 Other tradinu aLtivitic Total 22,178 155,66 145,640 159,282 EXPENDITURE OLN Rdl8ing fund 88,604 9,170 97,774 108,919 Chritable *ctivities Evenis Ttal 136 573 147 4011 1543R5 NET INCOMEI{EXPENDITURE) 9,067 1798) 8,269 4,f197 RECONCILIATION OF FUNDS Total tund% bi'ouulii forivard 166,580 2,691 169.271 164,374 TOTAL FUNDS CARRIED FORWARD 177.540 169271 The notes fonn parl of iliese finaneial statements Page 5
THE GARDEN GATE PROJECT LTD. (REGISTERED NUMBER: 03753908) BALANCE SHEET 31 MARCH 2025 2025 Total funds 2024 Total fiinds Unrestricted lund Restricted funds FIXED ASSETS Tangiblc a%%Lt 1,725 726 2,451 4,619 CURRENT ASSETS Debiors C.&%li at bunk ]d in hand 11,786- 166.669 178,455 .780 167 836 179,622 8,844 162 30% 171,152 1.167 1,167 CREDITORS Amounts falliiig due within one year (4,533) (4,533) {6,500} IYET CURRENT ASSETS 171,922 175.11119 164652 TOTAL ASSETS LESS CURRENT LIABILITIES 1,893 177,£40 169,271 NET ASSETS FUNDS UnrestriLted funds Resli'icled funds TOTAL FUNDS 177 540 169271 10 175,647 166,580 2,691 169271 177 541) Tlie Lharilable Lompanv is entiil¢d to exemplivn fr()In uudil under SeLlioii 477 ot the Cuinpanies ALt 2006 fvr the year elided I I March 2025. The meinbers have not required the coinpany lo obtain an audit of ils financial slalemenls for the year ended 31 March 2025 in aLLL)rduiiLL' with SLLIiL)n 476 of IhL' C(JinpuniLS ALI &OO(I. The In15tees acknowledge tlieir responsibilities t'or (a) ensuring that Ilie charitable coinpany keeps accounting records Ilial comply with Sections 386. and 387 of the Coinpanies Act 2006 dnd preparing financial sialements which give a Irue and fair view of the %iate of affairs of the charitable coinpany as al the end of each financial year and of its surplLlS or deficit for eaLh financial year in accordance with the requirements of Sections 394 and 395 aiid whicli otherwise coiiiply witli the requiremeiitb ol" the Companies Act 2n06 lating lo finaiicial statemen15, $0 far as applicable 10 Ihe charitable ¥ompany. (b) The notes fonn parl of iliese finaneial statements Page C) continued..-
THE GARDEN GATE PROJECT LTD. (REGISTERED NUMBER: 03753908) BALAIYCE SHEET- eontlnued 31 MARCH 2025 These financial statements have been prepared in aLcordanLe with the provisions appliLable lo charitable cotnpanies subject tt) the small compaiiies regime. The financial stateinents were approved by the Board of Tru51ees and auihorised for issue on 31 August 2025 and weTe signed on its behaifby.. R Saffery - Trustee The notes fonn parl of iliese finaneial statements Page 7
THE GARDEN GATE PROJECT LTD. P40TES TO THE FINANCI.4L STATEMEINTS FOR THE YEAR ENDED 31 MARLH 2025 ACCOUNTING POLICIES Basls of preparlng the financial statements ThL finunLial %tatcmLnt% of the Lliaritdble conipuny, whiLh 1% a public benefit Lntily under FRS 102, huve becn prep£Ld in accordance with the Charilies SORP (FRS 102) 'Accounting ai)d Reporting by Charilies- Sialeinent of Recoinm¢nded Practice applicable lo charities preparing their accounis it) aLcordance with the Financial Reporting Standard applicable in the UK and Republic of Jreland {FRS 102) (etlective l Janiiary 2019}', Financial Reporting Standard 102 'The Financial Reporiing Standard applicable in the UK and Republic of Ireland, and the C,ompaiiies Aet 2006. The financial slalements IiawL bccn prLparL'd undcr thc hisloriLal Lost LollvLntion. Incorne All incoille is recogFnised in tlie Stdtemenl ot Financidl Activities once ihe charity has eiititlement lo ihe fund%, it 1% pmbable that the income will be received and the amouni can be measured reliablj. Expenditure Liabilities are recognised as ¢xpenditure as soon as there is a legal or constructive obligation comtnitting the Charity lo thal expenililiire, il li probable that a tran%fer ot econoinic benefit% will be required in %eltlemenl and Ihe dmoiint of the ohl igpiilion cali bL Ineasured reliably. Expenditure is acLuuntL.d for on an accruals basis and has been classified uiider hL'<idingTS iliai ggregate all LOSI related to the category. Where costs Lannol be direLtIy attributed to particular headings they have been allocated to aclivilies on a basis consisl¢nt with th¢ use ot resoiirc¢s. T2nglble flxed assets Depreciaiion is proi'ided ai ihe following annual raies in order lo wriie off each assei over lis estimaied useful life. Plant and machinery 25 /th on cosi T4xation The L harily is exempt from corporation tax on ils charitable aLlivities. Fund &ccountlng Unre%lriLted fund4 Lan be u%¥d in LOrdance with the Lharildble L)bjeLtives ut the di%Lretion ot the trubtee4. Restricted funds can only be used for particular restricted Plirposes within the objects of the charity. Restrictions arise when specitied by the donor or when funds are Taised lor particular restricted purp05e5. FurthLr Lxpldnuliun uf thL' n(iturc' und purpuiL' uf LdL'li fund is inL'ludcd in ihL nulLS lo IhL' finanLiuI slaiL'inLnLs. Pension cosls And other post-retirement benefits The charitable coiiipJny operates L defined coiitribution pension scheine. Contributions payable to the charitsble company's pension scl)eme are charged lo Ihe Sialemeni of Financial Aclivili¢s in the period lo which Ih¢y r¢laie. Page 8 continued..-
THE GARDEN GATE PROJECT LTD. NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2025 OTHER TRADING ACTIVITIES 2025 2024 Fvndraising eveilts Other incoming resourLes 18,322 14,Q64 NET INCOMEI{EXPENDITURE) Net inLomel(expenditure) LS Stated after ehargiiigl(crediling): 2025 2024 Depreciation owned assets TRUSTEES, REMUNERATION ALND BENEFITS Tli¢r¢ wcrc iio ¢rust¢¢s' r¢illUii¢ratioii or othcr b¢n¢fi13 for th¢ y¢ar ¢iid¢d .31 Mai'¢h 2025 nor for tli¢ ycar ¢ndcd .31 Nlarcli 2024. Truslees, expenses There were no trustees, expenses paid for the year ended 31 Mai'ch 2025 nor for the year ended 31 MarLh 2024. STAFF COSTS The oierage monthly number of employees dLiring the year was as follows.. 2025 2024 Opcralional staff No employees reLeived emolLimenls in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnrL%triLILd fund Rc4triLILd funds Totsl funds INCOMF. AND F.NDOIVMENTS FROM Dondlionb and ILg'aiics 130,134 11,759 141.893 Oiher trading activities TotAI 1738() 159282 147 523 EXPENDITURE ON Raisiiigv luiids 97,743 11,176 108,919 Charitabl¢ aitivitles Events Total 141,829 .556 154Jt45 Page 9 continued..-
THE GARDEN GATE PROJECT LTD. NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2025 COMPARA TIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES - continued Unrestricted fund Restricted funds Totsl funds NET INCOMEI(EXPENDITURE) 5,694 (7971 4,897 REC'ULNCILIA'I'IUN Ub" TrUNDS Total funds brouglil forward 160.886 3,488 164,374 TOTAL FUNDS CARRIED FORWARD 166 580 169271 TAIYGIBLE FIXED ASSETS Plant aiid machinery COST Ai l April 2024 and 31 Marcli 2025 DEPRECIATION Al l April 2024 Charge for year Al 31 M(IrLh 2025 NET BOOK V.4LUE Al 31 Mcirch 20?5 Ai 31 MarLh 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepdynieiit Accrued inconie 7.061 1,599 184 1,648 P¥AEe l O continued..-
THE GARDEN GATE PROJECT LTD. NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2025 CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 2025 2024 Trade ¢reditors Social security and other taxes Other creditors DLfLrrLd inLDniL Accrued expenses 328 1,013 1,692 1,213 -309 2,342 1,-350 MOVEMENT IN FUNDS Net Inovemenl iii I'und At 114124 3113125 Unrèstricted funds G¢n¢ral fund 166,580 9,067 17.S,647 Restricted funds Global Giving Fund 2,691 1798) 1,893 TOTAL FUNDS 169 271 Nel movement in funds. included in the above are ab follows.. Incoining resnijru'es Resources expended Movement in fiinds Unrestrlcted funds General tund 145,640 (136,573) 9,067 Restl'iLted fund& Gi'oui)dwoi'ks Global Givin&y Fund KCC Community Coffee Mornings 7,687 (7,687) {798) (798) 10.029 155 669 10.827) 798) 147 4UO) TOTAL FUNDS P¥AEe I I continued..-
THE GARDEN GATE PROJECT LTD. NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2025 io. MOVEMENT IN FUNDS - continued Comparxtlves for movement fin funds Net movement iii funds Ai 3113124 At 114123 Uiire%lri¢l¢d funds General tund 160.886 5,694 166,580 Restrieted funds Global Giving Fund (797) 2.691 TOTAL FUNDS 164 374 169 271 Comparaiive nel moveineni in fuiids, included in the above are as follows.. Incoining resources Resources expended Movement in funds Unrestricted funds (Jeneral tund 147,523 (141,82Y) Re8trleted funds CJrouiiclwoik% Global Giving Fund KLC Community CotTee Mornings 11,3111 (11,381) (797) 378) 12 $56) 797) 1$4 3145) 1797) 378 TOTAL FUNDS 159.?82 A curreiit year 12 inoi)tlis aiid pi'ioi. yeai. 12 iiioiitlis coiiibiiied posilioii is as follows.. Net movLniLiII in funds At 114121 3113125 Unre$trlcted funds General fund 160,886 14,761 175,647 Restricted funds Global Giving Fund 3,488 {1,5l)5) 1,893 TOTAL FUIYDS 164 374 177 540 P¥AEe 12 continued..-
THE GARDEN GATE PROJECT LTD. NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2025 io. MOVEMENT IN FUNDS - continued A current year 12 inonihs and prior year 12 months coinbined nel inovernenl in funds, included in the above are as follows: Tncoining resources Resources eApended Movement in funds" Unrestrlcted funds GLnLr&l fund 29.6.163 (27¥4,402) 14,761 Restrleted funds Grouiidwork% Global Giving Fund KQC Comniunily Coffcc Mornings 19,068 (19,068) (1..$95) (1.595) 2.720 23 .18.1) 301 7115) TOTAL FUNDS 314951 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 13
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