Company number.. 04297947 Charity number.1090917 THE GROWING SPACE (WINCANTON) LIMITED FOR THE YEAR ENDED 31 MARCH 2024 UNAUDITED ACCOUNTS
THE GROWING SPACE <WINCANTON) LIMITED FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES, REPORT The Trustees present their report and accounts for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 tc the accounts and comply wilh the charity's goveming document. applicable law and the requirements of the Stalernent of Recommended Practice. "Accounting and Reporting by Charities" issued in March 2005. Structurè. governance and management The Gharity was incorporated on the 19 September 2001 as company limiled by guarantee, registration number 04297947. Following incorporation it was registered with the Charity Commission on the 21 February 2002, registration number 1090917. The power of appointing new trustees is vested in th8 truslees. The trustees, who are also the directors for the purpose of company law, who served during the year were: Mike Rowlands (Chair) Dr Marc Fellows Chris Fenton (Company Secretary) Andrew Chillon (Treasurer) Helena Groom Objectlves and activitie5 The charity works in partnership with statutory and third s8Ctor organisations to improve and sustain the health and well-being of the population living within a 10 mile radius of Wincanton, Somersel. It provides supporl for those experiencing disabllity and l or disadvantage to engage in horticultural and related naturè-based activities that enable positive life change. The focus is primarily on improving and sustaining mental and physlcal health, improving knowledge and practical experience of food growing and wildlife gardening, and to counteract the effects of social isolation building stronger. more resilient individuals and communities. Achievements and performance for public benefit To the year ending 31 March 2024 Ihe charity thrked in partnership with a range of voluntary sector organisations and local authority agencies to provide a wide range of activities based on social and therapeutic horticultur&, wildlifè gardening, and woodland activities. The charity provided activities for people experiencing mental and physical ill- health. learning disability. soclal isolation and those in need of support to broaden social connections. The charity worked directly with 65 adults and 40 childrens, and had a positive indirect effe on the communities living within It's reach through the maintanance of public outdoor spaces. Financlal revlew The trustee5 are confident that the charity has sufficient reserves to enable them to meet their aims. Reserves policy The trustees aim to build up and sustain a reserve of no more than six months revenue tumover.
THE GROWING SPACE (WINCANTON) LIMITED FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Public benefit Th& trust8es confirm that they have considered the guidance from the Charity Commission regarding public benefit when reviewing the charity's aims and objectives and in planning future activates. They are satbsfied that the activities undertaken during the year fully meet these Tequirements. Trustees, responsibilities The trustees (who are also directors of the charitable company for th8 purpos8s of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and regulatlons. Company law requires the trustees to prepar8 financial statements for each financial year in accordance wlth Unlted Kingdom Generally Accepted AccountirvJ Policies (United Kingdom Accounting Standards and applicable law), Under company law the trustees musl not approve the financial statements unless they ar8 satisfied that they give a true and fair view of the state of affairs of thè charitablè company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these accounts, the trustees are requir8d to: select Suitable accountlng policles and then apply them consistently., obseNe the methods and principles In the Charities SORP; make judgements and eslimales that are reasonable and prudent; and prepare the accounts on the going concem basls unless It is inappropriate to presume that the charfty wlll contlnue in operation. The trustees are responsible for keeping propar accounling records Ihat disclose with reasonable accuracy at any tlme the financial position of the charity and which enable them to ensure that the accounts comply with the Companies Act 2006 and the trust deed. They are also responsible for safeguarding the assets of the charitable company and hence for taklng reasonable stsps for the prevention and detection of fraud and other irregularities. The trustees are responslble for the maintenance and integrity of the corporatè and financial information included on the charitable CoMpanS website. Legislation in the United Kingdom goveming the preparation and dissemlnallon of ac¢ounls may differ from legislation in other juiisdi¢tions. On beh f the boa of trustees Mr. An Truste rew Chllton Dated:
THE GROWING SPACE (WINCANTON) LIMITED FOR THE YEAR ENDEO 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT I report on the accounts of the charitable company for the year ended 31 March 2024, which comprise the Ststement of Financial Activities, the Balance Sheet and the related notes. Respective responsibllities of trusteos and examiner As the charity's trustees (and the directors of the company for the purposes of company lawl you are responslble for the preparation of the accounts. You consider thal an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. You also consider that an audit is not requlred for this year under ihe Companies Act 2006. Having satisfied mysetf that the charity Is not subject to audit under company law and is eligible for independent examination. it is my responsibility to examine the accounts under seclion 145 of the 2011 Act, follow the procedures laid down in Ihe general Directions given by the Charity Commission under section 14515) of the 2011 Act, and slate whelher particulaT matters have come to my attention. Basls of Independent examinerfs report My examination was carried out in accordance the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanalions from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence th8t would be required in an audit and Consequently no opinlon is given as to whether the a£count$ present a 1rue and f81r view, and the report Is Ilmited lo those matters set out in the statement below. Independent examlnerfs statement In connection with my examination. no mattgr has come to my attention: 1) whlch glves me asonable cause to believe that in any materiel respect the requiremenl8: to keep accountlng records in accordance wlth section 386 of the Companies Acl 2006; and to prepare accounts which accord with the accounting records, comply with the acGounting requirements of sedon 396 of the Companies Act 2006 and with the methods and principle5 of the Statement of Recommended Practice: and Reportlng by Charities have not been met; or.. 2) lo whlch, In my opinlon, attention should be drawn in order to enable a proper understanding of the accounts to be reached Dated:....a]. i&. IJ LI
THE GROWING SPACE (WINCANTON) LIMITED FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES 2024 Unrestricted Total 2023 Note Restritted Total incoming resources 17,250 29.433 46,683 42,901 rotal resourcÈs expended 14.375 32,429 46,804 40,335 Surplus/lDeficitl 2,875 2,996 121 2,566 Brought forward balance 16,442 7,978 8,464 5,898 Carried forward 19.317 -£ 10,974 £ 8,343 £ 8,464 The statement of financial activiti8s also complles with the requirements for an income and expenditure account under the Companies Act 2006.
THE GROWING SPACE (WINCANTON) LIMITED FOR THE YEAR ENDED 31 MARCH 2024 BALANCE SHEET COMPANY NUMBER: 04297947 2024 2023 Fixed assets Property Plant and machinery LapTop Furniture and fittings Office Computer 2,625 106 363 21 132 3,500 142 28 176 3.247 3,846 Current asset5 Cash in hand and at bank Debtors 3.248 1.848 5,096 2.062 2.834 4,896 Creditors due wlthln one year Creditors 278 Net current assets 5,096 4,618 Total net assets £ 8.343 £ 8,464 Capital ac¢ounl Reserve brought forward {Deflcitl/surplus 8,464 121 5,898 2,566 Reserve carried forward Restricted reseNe carried forward 10.974 19,317 7,978 16,442 Total reserves £ 8,343 £ 8,464 The company is entitled to the exemption from th8 audit requirement Contained in section 477 of Ihe Companies Act 2006. for the year ended 31 March 2023. No member of the company has deposited a notice, pursuant to section 476. requiring an a11 of these accounts. The directors acknowledge their responsibilities for. (a) ensuring thal the company keeps accounting records which comply with the Act: and (b} the a¢counts have been prepared in accordancè Vth the provisions applicable to companies subj8Ct to the small companies. regime. The accounts were approved by the Board on 13 Chair
THE GROWING SPACE IWINCANTONI LIMITED FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS 11 Aeeountin9 pollcles 1.11 Basls of aecountlng nVentIOn The accounis have been prepared under the hlsiorical cosl wWern. 8nd in accwdaoce with appliGabl¢ UnitEd Kingdom aecountsng slandarls, the Slaterwit of RecoMnded PractKe."ArcrMJnbng Reporting by Chariiies" ISORP 20051 Issued In March 2005 and Ihe COrnpan5 Aci 2Tr)6_ 1.21 Incornlng resourees I Incom¢ is credited in Ihe statement of financlal vIlle$ kn Ihe perir•S in which ili5 recewat 1.31 Depraclatlon Tangible fixed assets aro stsied at¢o3t le dePat. tlewecialbjn Is provijed at rales lo writ off the cost of each assét trJ•f $ uselul econon fif4 as k4b)w5.' Leastrhtsld property Planl and maehinlry Fuinllure and fittinos Cornpuièr Ckn Ihe lease Ilfe 25% dUCIng bala[e 2S¥h U¢lA0 balle 254h dUCing balarKg 21 Analysls of lrteomlng rnsourc Restrtcted UnrestrId TolAI 2024 Total 2023 Donatlons •nd lundralsln9 actlvlty Open Mtal Health Grnnt Moorfand Twsl Educatlgn & SrhoD15 Olr¢ct Payments. PIPS & Ses¥kn Fees Bruton Town Courtol Opgn Mental Health DelNery IWCV) SDu¢h Somefsel Dlsldct Council Somerset C¢Jmmunity Foundalbn Win¢anton Town Counc4 Glaslonbury Festlval Donatlon5 Plant sales 8ank Interest Fence & Vggolable Btds Tirnber Donallon 9.5 1.2C(J 14.271 1.1C 8,771 14,271 18,514 1,Cp)Q 8.771 1,000 4,$ 1,OCQ 1,19) 1.150 4.935 243 12 1,150 2,496 iiso 4.935 243 12 3,SLYJ 1T,250 £ 29.433 £46,683 £ 41901 31 Analys1$ of •xp•n8es •xp•nd•d Staff Gosts Staff cost5- Bron Tthvn Councrf Staff co¥t5- Semerset Comrrnjrbty F. Staff costs. South SonErsel Dlstrkt COW11 Statttosts- Wincanton Town Cwndl Stafl costs- Open Mentsl Heasth Grant Traini09 Travel Vtllittes Insurance Rent Rent Arrea Open Menlal Heallh IWCVI costs Gafden RunnlTra Costs Adnunist¥ation, oifice & Resl¢e$ Bank Charges Depreciation 28.452 26.452 i.ioo iojo 31.998 1.000 1.500 i.coo 2.0 228 734 228 1.234 656 IA177 361 6tM) 399 1.378 777 399 1.083 193 262 1.633 675 127 1.083 116 14.375 £ 32,429 £46.804 £ 40.33S 7,400 475 668 63 Every Trustep Df the CotTpany undertakes to coniribute sh amunt as QuIred {E¥>i exceethng £11 to the Cornpanws assets in event ol the cornp3nl5 liquidatKn.