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||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|
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|||||||||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|
##
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##
##
##
##
|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|
##
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##
|||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|
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