2023-01-31-accounts

	Page
Report ofthe Trustees	1 to	5
Report ofthe Independent Auditors	6 to	9
Consolidated Statement of Financial Activities	10
Charity and Consolidated Balance Sheet
Consolidated Cash Flow Statement
Notes to the Consolidated Cash Flow Statement	13
Notes to the Financial Statements	14 to	29

								2023	2022
						Unrestricted	Restricted	Total	Total
						fund	funds	funds	funds
					Notes	f	f	f	f
INCOME AND	ENDOWMENTS			FROM
Donations and	legacies						3,743	3,743	42,574
Charitable activities
Arboretum						737,948		737,948	847,450
Other trading	activities					995,181		995,181	1,126,956
Investment income						103,009		103,009	104,216
Total						1,836,138	3,743	1,839,881	2,121,196
EXPENDITURE	ON
Raising funds
Other trading	activities					996,907		996,907	1,045,895
Investment management			costs			78,379	4,923	83,302	46,800
						1,075,286	4,923	1,080,209	1,092,695
Charitable activities
Arboretum						574,363	1,064	575,427	500,510
Donations						6,000		6,000	4,115
Total						1,655,649	5,987	1,661,636	1,597,320
Net gains/(losses) on investments					16	(4,297)		(4,297)	43,513
NET INCOME/(EXPENDITURE)						176,192	(2,244)	173,948	567,389
RECONCILIATION OF FUNDS
Fund balances	brought	forward				5,083,435	68,955	5,152,390	4,585,001
Fund balances	carried	forward			20	5,259,627	66,711	5,326,338	5,152,390

				The Group		The	Charity
				2023	2022	2023	2022
			Notes	f	E	E	E
FIXEDASSETS
Tangible assets			15	4,642,605		4,544,014	3,728,217
Investments			16	410,437		515,437	587,220
				5,053,042		5,059,451	4,315,437
CURRENT ASSETS
Stocks			17	274,272			203,512
Debtors			18	118,748		343,081	69,169
Cash at bank and	in hand			155,807		155,807	886,926
				548,827		498,888	1,159,607
CREDITORS
Amounts falling due within		one year	19	(275,531)		(199,119)	(322,654)
				273,296		299,769	836,953
TOTAL ASSETS LESSCURRENT LIABILITIES				5,326,338		5,359,220	5,152,390
NET ASSETS				5,326,338		5,359,220	5,152,390
FUNDS
Unrestricted funds;
General fund			20	5,259,627		5,292,509	5,083,435
Restricted funds:
Leaves for Learning project				43,358		43,358	46,781
Play Area project				1,000		1,000	2,500
The Art of Conservation		lino print		864		864	1,016
Bricks in the Wall project				16,008		16,008	13,028
Head gardener	seed collection travel costs			5,000		5,000	5,000
Forest School project				481		481	630
TOTAL FUNDS				5,326,338		5,359,220	5,152,390

					2023	2022
				Notes	E	E
Cash flows from operating	activities
Cash generated from operations					119,301	783,226
Net cash provided by operating		activities			119,301	783,226
Cash flows from investing	activities
Purchase oftangible fixed assets					(1,076,293)	(467,887)
Purchase offixed asset investments					(439,610)	(22,634)
Sale oftangible fixed assets					41,750	1,500
Sale offixed asset investments					612,096
Interest received					127	607
Dividends received					11,510	6,634
					(850,420)	(481,780)
Change in cash and cash equivalents			in the
reporting period					(731,119)	301,446
Cash and cash equivalents	at the beginning
ofthe reporting period					886,926	585,480
NET ASSETS					155,807	886,926

RECONCILIATION ACTIVITIES	OF NE	T INC	OME TO NET CASH FLOW FROM OPERATING
				2023	2022
				f	f
Net income for the reporting			period (as per the Statement of Financial
Activities)				173,948	567,389
Adjustments for:
Depreciation charges				121,153	103,107
Gain/(loss) on investments				4,297	(43,513)
(Profit)/loss on disposal		offixed assets		(997)	3,402
Interest received				(127)	(607)
Dividends received				(11,510)	(6,634)
(Increase)/decrease	in stocks			(70,760)	(16,124)
(increase)/decrease	in debtors			(49,579)	(14,673)
Increase/(decrease)	in creditors			(47,124)	190,879
Net cash provided	by operations			119,301	783,226
ANALYSIS OF CHANGES		IN NET FUNDS
			At 1/2/22	Cash flow	At 31/1/23
			f		f
Net cash
Cash at bank and in hand			886,926	(731,119)	155,807

		2023	2022
		f	f
Donations		3,743	4,574
Government	grants		38,000
		3,743	42,574
INCOME FROM CHARITABLE ACTIVITIES
		2023	2022
		f	f
Arboretum entrance fees		737,948	847,450
INCOME FROM OTHER TRADING ACTIVITIES
		2023	2022
		f	f
Arboretum shop sales		172,869	133,279
Garden centre plant sales		344,016	430,791
Garden centre shop sales		471,287	553,639
Events		7,009	8,123
Compensation			1,124
		995,181	1,126,956
INVESTMENT	INCOME
		2023	2022
		f	f
Rents receivable		91,372	96,975
Dividends and	similar distributions	11,510	6,634
Interest receivable		127	607
		103,009	104,216

6.	EXPENDITU	RE ON OTHE	R TR	ADING ACTIVITIES
					2023	2022
					f	E
	Opening stock				203,512	187,388
	Purchases				618,572	628,067
	Closing stock				(274,272)	(203,512)
	Salaries and	wages			290,461	233,681
	Point of sale costs				11,496	9,431
	Hire of plant	and machinery			6,399	5,005
	Travel and accommodation				744	70
	Telephone				1,569	1,762
	Stationery and postage				195	1,049
	Sundries				101	66
	Repairs and	consumables			888	1,587
	Depreciation	oftangible	fixed	assets	9,584	4,915
	Support costs (see note		9)		127,658	176,386
					996,907	1,045,895
7.	INVESTMENT MANAGEMENT			COSTS
					2023	2022
					f	f
	Depreciation				4,131	1,783
	Repairs and	consumables				4,392
	Support costs (see note		9)		79,171	40,625
					83,302	46,800
8.	CHARITABLE	ACTIVITIES	COSTS
					2023	2022
					f	E
	Salaries and	wages			220,716	211,360
	Trees and plants				5,678	3,882
	Repairs and	consumables			34,635	21,482
	Hire ofequipment				3,356	5,223
	Telephone				784	881
	Stationery and postage				1,104	926
	Point ofsale	costs			29,393	29,451
	Advertising				23,915	17,031
	Sundries				254
	Depreciation	oftangible	fixed	assets	17,141	13,345
	(Profit)/loss	on sale oftangible		fixed assets	(997)
	Support costs (see note 9)				239,448	196,929
					575,427	500,510

		Other	Investment		2023	2022
		trading	management		Total	Total
		activities	costs	Arboretum	activities	activities
		E	E	E	E	f
Salaries and wages		33,519	4,933	33,013	71,465	78,052
Pensions		6,509	412	7,830	14,751	13,920
Rates and water		2,737	2,345	2,737	7,819	7,923
Insura nce		1,604	5,617	8,828	16,049	14,151
Light and heat		11,391	9,765	11,391	32,547	33,765
Telephone and internet		2,863		3,500	6,363	7,150
Postage and stationery		772		1,802	2,574	1,859
Sundries			100	1,901	2,001	2,630
Health insurance		3711	167	4,017	7,895	7,341
Training and college fees		2,545		2,545	5,090	4,620
Motor and travel		11,850		8,593	20,443	16,302
Repairs and maintenance		844	14,501	15,175	30,520	31,653
Staff uniforms		1,711		1,141	2,852	1,992
Cleaning		8,622		25,867	34,489	32,452
Advertising and public
relations				13,961	13,961	10,542
Legal and professional	fees	796	2,200	796	3,792	1,000
Bookkeeping		8,490	1,887	8,490	18,867	17,555
Bank charges			44	297	341	214
Subscriptions		2,189		1,033	3,222	2,361
Refreshments		893		894	1,787	1,741
Security			2,711	2,712	5,423	5,760
Consultancy						544
Computer expenses		3,712	309	2,163	6,184	4,047
Company secretary's fees		4,200	3,600	4,200	12,000	12,000
Audit fees		4,800	545	7,245	12,590	8,620
Accountancy		10,300	550	7,305	18,155	8,880
Trustees' travel costs				1,200	1,200	400
Penalty interest and charges		3,600			3,600
Depreciation oftangible
fixed assets			29,485	60,812	90,297	83,064
(Profit)/loss on sale oftangible
fixed assets						3,402
		127,658	79,171	239,448	446,277	413,940

		2023	2022
		E	E
Depreciation	-owned assets	121,153	103,107
Hire of plant	and machinery	9,755	10,228
(Profit)/loss	on disposal offixed assets	(997)	3,402

			2023
			E
Turnover			995,181
Cost ofsales			(853,266)
Gross profit/(loss)			141,915
Other expenditure			(15,983)
Charged by the parent undertaking:
Support costs			(127,658)
Rent			(24,900)
Loan interest			(6,256)
Profit/(loss) on ordinary activities			(32,882)
Taxation on profit on ordinary		activities
Profit/(loss) for the financial year			(32,882)
The assets and liabilities of	the	company were:
Fixed assets			98,591
Current assets			276,186
Current and long term liabilities			(302,659)
Total net assets			72,118
Share capital - E1ordinary	shares		105,000
Retained profits			(32,882)
			72,118

STAFF	COSTS
		2023	2022
		f	f
Wages	and salaries	582,642	523,093
Other	pension costs	14,751	13,920
		597,393	537,013

	2023	2022
Garden centre	18	16
Arboretum	9	7
Office	2	2
	29	25

					Unrestricted	Restricted	Total
					fund	funds	funds
					E	E	E
INCOME AND ENDOWMENTS				FROM
Donations	and legacies				40,452	2,122	42,574
Charitable	activities
Arboretum					847,450		847,450
Other trading activities					1,126,956		1,126,956
Investment	income				104,216		104,216
					2,119,074	2,122	2,121,196
EXPENDITURE ON
Raising funds
Other trading activities					1,045,895		1,045,895
Investment	management		costs		41,851	4,949	46,800
					1,087,746	4,949	1,092,695
Charitable	activities
Arboretum					499,419	1,091	500,510
Other					4,115		4,115
Total					1,591,280	6,040	1,597,320
Net gains on investments					43,513		43,513
NET INCOME/(EXPENDITURE)					571,307	(3,918)	567,389
RECONCILIATION OF FUNDS
Total funds	brought	forward			4,512,128	72,873	4,585,001
					5,083,435	68,955	5,152,390

TANGIBLE FIXEDASSETS
Group	Freehold		"Leaves for
	property and	Leasehold	Learning"	Plant and
	improvements	improvements	classroom	machinery
	f	E	E	f
COST
At 1st February 2022	4,214,026		68,019	316,986
Additions	918,025	18,957	2,275	103,275
Disposals	(54,507)			(57,588)
At 31stJanuary 2023	5,077,544	18,957	70,294	362,673
DEPRECIATION
At 1st February 2022	699,221		21,890	170,942
Charge for year	84,203	1,177	3,423	22,564
Eliminated on disposal	(36,124)			(35,218)
At 31stJanuary 2023	747,300	1,177	25,313	158,288
NET BOOK VALUE
At 31stJanuary 2023	4,330,244	17,780	44,981	204,385
		Office	Motor
		equipment	vehicles	Totals
		E	f	E
COST
At 1st February 2022		56,941	40,713	4,696,685
Additions		3,346	30,415	1,076,293
Disposals				(112,095)
At 31stJanuary 2023		60,287	71,128	5,660,883
DEPRECIATION
At 1st February 2022		42,410	34,005	968,468
Charge for year		4,329	5,456	121,152
Eliminated on disposal				(71,342)
At 31stJanuary 2023		46,739	39,461	1,018,278
NET BOOK VALUE
At 31stJanuary 2023		13,548	31,667	4,642,605

TANGIBLE FIXED ASSETS - continued
Charity	Freehold	"Leaves for
	property and	Learning"	Plant and
	improvements	classroom	machinery
	f	f	f
COST
At 1st February 2022	4,214,026	68,019	316,986
Additions	918,025	2,275	44,472
Disposals	(54,507)		(57,588)
At 31stJanuary 2023	5,077,544	70,294	303,870
DEPRECIATION
At 1st February 2022	699,221	21,890	170,942
Charge for year	84,203	3,423	17,936
Eliminated on disposal	(36,124)		(35,218)
At 31stJanuary 2023	747,300	25,313	153,660
NET BOOK VALUE
At 31stJanuary 2023	4,330,244	44,981	150,210
At 31stJanuary 2022	3,514,805	46,129	146,044
	Office	Motor
	equipment	vehicles	Totals
	f	f	f
COST
At 1st February 2022	56,941	40,713	4,696,685
Additions	3,346		968,118
Disposals			(112,095)
At 31stJanuary 2023	60,287	40,713	5,552,708
DEPRECIATION
At 1st February 2022	42,410	34,005	968,468
Charge for year	4,329	1,677	111,568
Eliminated on disposal			(71,342)
At 31stJanuary 2023	46,739	35,682	1,008,694
NET BOOK VALUE
At 31stJanua ry 2023	13,548	5,031	4,544,014
At 31stJanuary 2022	14,531	6708	3 728 217

		2023	2022	2023	2022
		Group	Group	Charity	Charity
		E	f	f	f
Listed investments		410,437		410,437	587,220
Investment in subsidiary	company			105,000
		410,437		515,437	587,220
Listed investments					Group and
					charity
Market value					E
At 1st February 2022					587,220
Additions					439,606
Disposals					(612,096)
Revaluations					(4,297)
Market value					410,433
Cash					4
At 31stJanuary 2023					410,437

Cost or valu	ation	is repre	sented	by:	Group and
					charity
					f
Valuation					(1,662)
Cost					412,099
At 31stJanuary		2023			410,437
Investment	in subsidiary		company

										2023	2022
										E	E
Stocks									274,272		203,512
No stocks were held by		the charity.
DEBTORS:AMOUNTS	FALLING		DUE	WITHIN ONE		YEAR
						2023		2022		2023	2022
						Group f		Group f		Charity f	Charity E
Trade debtors						73,396				71,482	10,585
Amounts due from subsidiary			undertakings						226,247
Income tax recoverable						7,135				7,135	12,439
Social security and other		taxes				2,536				2,536
Other debtors						13,297				13,297	22,965
Prepayments and accrued income						22,384				22,384	23,180
						118,748			343,081		69,169
The amounts due from		subsidiary		undertakings		represents	a loan	from the charity		at commencement of
trading together with	financial		support		since as	the subsidiary	experienced		a delay opening		a bank account
during the year and had		to rely on the			charity to	perform the	banking	function. The figure includes f208,591
falling due after more than one year.
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2023		2022		2023	2022
						Group E		Group f		Charity E	Charity
Trade creditors						57,244			43,824		50,352
Value Added Tax						79,756			43,449		5,460
Social security and other		taxes				4,856
Other creditors						2,453				2,453	2,820
Accruals and deferred	income					131,222			109,393		264,022
						275,531			199,119		322,654

20.	MOVEMENT IN FUNDS					Net
						movement
					At 1/2/22	in funds	At 31/1/23
					E	E	E
	Unrestricted funds
	General fund				5,083,435	176,192	5,259,627
	Restricted funds
	Leaves for Learning project				46,781	(3,423)	43,358
	Play Area project				2,500	(1,500)	1,000
	The Art ofConservation	lino print			1,016	(152)	864
	Bricks in the Wall project				13,028	2,980	16,008
	Head gardener seed collection travel costs				5,000		5,000
	Forest School project				630	(149)	481
					68,955	(2,244)	66,711
	TOTAL FUNDS				5,152,390	173,948	5,326,338
	Net movement in funds,	included	in the above,	are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E	f	E	E
	Unrestricted funds
	General fund			1,836,138	(1,655,649)	(4,297)	176,192
	Restricted funds
	Leaves for Learning project				(3,423)		(3,423)
	Play Area project				(1,500)		(1,500)
	The Art ofConservation	lino print			(152)		(152)
	Bricks in the Wall project			3,743	(763)		2,980
	Forest School project				(149)		(149)
				3,743	(5,987)		(2,244)
	TOTAL FUNDS			1,839,881	(1,661,636)	(4,297)	173,948

					Net
					movement
				At 1/2/21	in funds	At 31/1/22
				f	f	f
Unrestricted funds
General fund				4,512,128	571,307	5,083,435
Restricted funds
Leaves for Learning project				50,230	(3,449)	46,781
Play Area project				4,000	(1,500)	2,500
The Art of Conservation	lino print			1,195	(179)	1,016
Bricks in the Wall project				11,669	1,359	13,028
Head gardener seed collection travel costs				5,000		5,000
Forest School project				779	(149)	630
				72,873	(3,918)	68,955
TOTAL FUNDS				4,585,001	567,389	5,152,390
Net movement in funds,	included	in the above,	are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			f	f	f	f
Unrestricted funds
General fund			2,119,074	(1,591,280)	43,513	571,307
Restricted funds
Leaves for Learning project				(3,449)		(3,449)
Play Area project				(1,500)		(1,500)
The Art of Conservation	lino print			(179)		(179)
Bricks in the Wall project			2,122	(763)		1,359
Forest School project				(149)		(149)
			2,122	(6,040)		(3,918)
TOTAL FUNDS			2,121,196	(1,597,320)	43,513	567,389