WELLGATE COMMUNITY FARM A COMPANY LIMITED BY GUARANTEE COMPANY NO. 04370324 (ENGLAND AND WALES} REGISTERED CHARITYNO. 1091729 ANNUAL REPORT AND FINANCIAL ACCOUNTS YEAR ENDED 31 MARCH 2024 WELLGATE (.'OMM UNITY FARM COLLOER ROW ROAD COLLIER ROW ROMFORD ESSEX. RMS 2BH
WELLGATE COMMUNITY FARM COMPANYNO. 04370324 IENGLANDANDWALESI REGISTERED CHARifY NO. 1091729 COMPANY INFORMATION YEAR ENDED 31 MARCH 2024 Directors ITrusteesl Revd R K Gayler Mrswebb Miss V Geary Mr R Gayler Ms C Rowley Mrs R Snell- since 01109123 Mr R Brown - until 06106124 Company Secretary Mrs M Nathan Company Number 4370324 IEngland and Walesl Incorporated 8th February 2002 Charity Number 1091729 Registered 24 April 2002 Registered Offico Weiigate Community Farm Collier Row Road Collier Row Romford RM52BH Kim Lee, F.C.M.A. mip, A.T.T. Mawney Accountancy Independent Examiner
WELLGATE COMMUNITY FARM COMPANYNO. 04370324IENGLAND ANDWALESI REGISTERED CHARITY NO. 1091729 ANNUAL REPORT INCLUDING DIRECTORS, REPORT YEAR ENDED 31 MARCH 2024 Structure, governance and management The governing documents arethe memorandum and articles incorporated 8 February 2002. The trustees, who are also directors of the charity for the purposes ot the Companies Act, present their annual report and financial statements ol the charity for the period ended 31 March 2024. The annual report selves the purpose of both a Trustees, and a directors, report under company law. The financial statements have been prepared in accordance with the accounting policies set out in note 1, the charity's constitution, the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ire18nd, SORP IFRS 1021- and the Financial Reporting Standards applicable in the UK Alm8 and Purpo$6s To promote the benefit of the community within East London and Essex, without distinction of sex, or of political, religious or other opinions by associating statutory authorities, voluntary organisations and the general public in 8 common effort to advance education and to provide facilities in the interests ol social welfare tor recreation and other leisure time occupation with the obje¢t of improving th8 conditions of life for those who have need of such facilities by reason of their youth, infirmlty or disablement. poverty or social and economic circumstances. To advance the education of the public at large, in agriculture. horticulture, home crafts, country life, protection ond improvement of the natural environment through best environmental practices especially by encouraging reduction, re- use and recycling. and felat8d subjects and in the principles ot selt-discipline and good citizenship and through their leisure time activities so that they develop their physical, mental and spiritual capacities and grow to lull maturity as individuals and members of society and their conditions of life may be improved. To promote among the public, humanity and morality by advancing education in the care and consideration for all animals, particularly animals in need of care and protection so Ihal the public and particularly the younger members thereof will learn greater awareness of and appreciation for such anirnals. To provide education and training for persons who have need of such facilities by reason of their age, youth, infirmity or disablement, poverty or social and economic circumstances, so as to prepare them lor any trade, occupation or service and thereby advance them in life to enable them to eain their own livelihood. To relieve physically or mentally handicapped or disabled or deprived persons by the provision, as remedial, recreational or theiapeutic activity. of facilities, including horse and pony riding and gardening, subject, where appropriate. to the consent of the medical advisers of all such persons. Objectives and Actlvities Wellgale Community Faim exists as a focus for community, creating an opportunity for people to grow, mak8 a positive contribution and promote social cohesion. Our vision is to enable all individuals to grow to their full potential, developing emotionally, socially, intellectually. physically and spirilually through educational, recreational and therapeutic activities. Over42years, the Farm has developed to meetthe needs ofthe community- Nany ofthe services the Farm provides focus on supporting people, particularly those that ale disadvantaged.
WELLGATE COMMUNITY FARM COMPANY NO. 04370324 IENGLAND AND WALESI REGISTERED CHARITY NO. 1091729 CONTENTS YEAR ENDED 31 MARCH 2024 Page Annual Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notès to the Financial Statements
1.al Objectlves and Actlvltles cont. The farm is 8 valuable resource for the local disabled community working with many organisations including Jaktol Day Care Centre forthose on the spectrum. DABD. NELFT. THREE C8, Little Heath Barley Lane Special Needs School. Oak View and Trinity regularly bring groups here to visit. Trinity School. THREE Cs and Little Heath Barley Lane bring groups of students torwork experience twice a week for 2-4 hours per session. Wellgate Community Farm plays a crucial role in building a vibrant, diverse culture, to make the most of our green space thus complementing the borough's theme of Arts, Culture and Leisure aiming to strengthen the identity of our community and make people want to visit our and green Spaces. We have reached out to more community organisations including Barking and Dagenh8m Citizens Alliance network, J Murphy & Sons Ltd. MEARS Foundation, Participate volunteer group and Youth Futures Foundation. Th8 Farm's mobile animal visits are a vital sourc8 of revenue to the Farm and a fundamental part of our educational programme, giving children the opportunity to learn about animals and where food comes from. The avian flu ban on farm birds had a major impact on our mobile visits engagement as birds had to be kept inside to prevent the possibility of them being exposed to wild birds. Poultry and waterlowl have always made up the majority of the animals we keep and therefore take out on visits. Defra imposed movement restrictions, which prevented us from taking the birds off site, greatly reducing what we can offer to schools and the community. Fundral$Snq and recreatlonal events We do run annual events including, Spring Babies, Open Day, Mad hare Tea party, Halloween, Christmas event, Weiigate Games, Wellgate Summer Showand a summer holidayAnimal En¢ounters Day. We continued to take part in the LBBD Crowd Funder Lottery fundraiser. We successfully applied for a grant which has eontribuled towards wages of the Horticultural member of staff to run the allotrnents. The purpose of this funding is to ¢oniinue to support the running of the allotment site in Marks Gat8. We have collaborated with Wickes lor a monthly donation towards tools and materials for maintenance of the farm site. We have maintained our c1088 links with local schools, Preschool and Day Nurseries, Churches and community centre wher8 we support the neighbouring community by attending with oijr animals lor educational and social events. All these occaslons help the local children experience and learn about animals and provide them with quality recreational activities. Our shop, which is a point of contact tor the local community, has operated on days when shop volunteers have been available thus continuing to sell farm eggs, preseNes, vegetables, plants, and potted flowers, all ot whieh are locally grown and produced by our team of horlicultural and shop volunteers. Educatlon8l and Training actlvStles Local children have benefited from the Farm's educational visits to schools and by coming on visits to the Farm. Secondary school children have attended as part of our alternative education programrne and on work experience and placements. Children from the ages of 8 to 18 have attended 8s members of our Young Farmers Club and Duke of Edinburgh training at 8 cityfarm. A variety of agencies and support groups has referred Adults to us for training. These include homeless support groups. disability support groups. Job centres, Colleges, Mind, DABD, Richmond Fellowship, Goodmayes hospital, YMCA, Kings Trust. LBBD ColleAe and ShawTrust. We provided uniformed groups including Beavers, Cubs, and Scouts with a safe place to come and complete their animal care and farming badges.
1.bl Educational and Training activities cont. The farm held Farmer for a Day activity sessions engaging local Primary S¢hool8. This enabled the farm to increase public attendance to our Green Space as well as developing wider skill based interest. These sessions allowed the Farm to engage with the local community whilst teaching environmental awareness and engaging young people with the outdoors. Working alongside teachers and the community, we have continued to develop a wider skill based interest in traditional farming. Wellgate Farm continued to play a greater role in enabling teachers to reach curriculum targets and ontinue to improve educational aims to aspire and achieve. We have continued to teach gardening and maintenance skills, healthy eating and environmental awareness to the young famers and volunteers who look after the horticultural plots. We have continued to run the Jack PetcheySilverAchievementAward Scheme. This scheme enables the tarm to celebrate the Achievement of our students, young farmers. and young volunteers as well as receive additional funding which goes towards much needed equipment to run the farm. We have allocated 811 the allotment plots at Bagleys Spring to LB8D residents most of whom are residents of Marks G8tel Chadwell H8ath Ward, community groups and schools. Th6 project aims to improve skills and wellbeing. and increase community cohesion. Through a thoroughly hands on experience people are encouraged to grow their own food, thereby increasing their physical activity and healthy eating. We have provided alt8rnatlV8 education through our Hands On project, which helps those who are otherwise struggling In mainstream educatlon. We have provlded work experience placements for people of all abilities thus helping to raise attainment and realise 8spir8tion for these beneficiaries. The Farm's education81 visits to the Farm saw 16 early years to Key Stage 2 school groups come to the Farm for educational activity $8ssions. Three local schools attended weekly dLrring term time with groups of SEND students for educational and work experience activitl88. We also introduced animal therapy sessions lor SEND students in primary school settings. The farm hosted three children's parties where chlldren again experienced a rural birthday themed event corning up close to the animals petting and leeding them. Several primary schools including (Dorothy Barley Primary School, Goodmayes, Creative Kids Nurserles, St Peter's Roman Catholic Primary School, Sunnyside Pre-school, Village Infant School, Oak view, Little Heath and Valance Primary ei¢.) have engaged with the larm joining, in our various farming activities. Secondary and special needs schools including 1st Edwards Academy,. Canon Palmer; St John's Roman Catholic School,. Jo Richardson, Riverside and East brook School) have also referred groups of key stage three and four pupils, who struggle to stay in main school education for the full week. These Students have benefited from the farm'8 educational training sessions. Some of these young people have severe and profound learning difficulties, physical disabilities and some are within the autistic spectrum.
1.¢1 Educatlonal and Training activities cont. The farm continued to deliver animal care qualifications as part of our Hands On Partnership with Lambourne End Centre. The project is for secondary school age students who for many reasons are struggling in mainstream education. They work towards level one and two City and Guilds qualifications in Land Based Studies attending between one and three days a week. We had 58 attending last year with a success rate 89Wo. These young people are usually referred to the Farm as they are strugglingwith mainstream education for a variety of reasons including low confidence. special educational needs, behavioural difficulties and low attendance. Many are young people in care. However, some do opt to participate as they have an interest in 8 future career in the animal industry. Hands On project was very successful this summer with all students that left after their full term of sessions gained their qualifications in Land Based Studies Level 1. It was quite intense ensuring that all students completed at least two units to help ensure their places into further education. A few of the boys decided to learn a trade after finding their happy place in maintenance jobs. The farm provided work experience for secondary schools with over torty secondary and tertiary level students completing placements ot between one and thre8 weeks in the academic year. We offered work placementto Nawham City College students who are doing their City & guilds intermediate diploma in electrical installations. We offered 15 work experience places for students with Spe¢i81 Educational Needs andlor disabilities. Feedbackfrom schools and reterral agencies has stated there are very few places wh8re SEND students can gain work experience and ar8 very grateful for this seNice. Th8 tarm offered 60 college placements from further educational colleges working 150 hours each. The students were from various settings including Barking and Dagenham College, Riverside Bridge- Barking. Shutlleworth College, Kings Trust. Writtle and CaLiel Manor and USP Collee. All these actlvities enabled the farm to reach approximately 18,000 young people. Volunteerlng The farm continued to provide volunteering opportunities to people and gioups of all ages and abilities. This year we have offered more than 2015 volunteering opportunities, due to the farm reaching out more as we were successful with our 8pplication for funding ol volunteers to gain experience and improve thelr skills thanks to NCIL grant from LBBD. We hav8 continued to train volunteers to gain skills to enable them to keep this public open spaco clean and safe for the people to visit. The volunteers are the public face ol the farm making It possible for residents to connect and to feel engaged and comfortable. They welcome visiting members of the public and show them round the farm whilst t8king part in animal encounters. This helps the wider community realise that everyone can contribute something to a safe, friendly, welcoming environment Increasing community cohesion and pride in our Borough, which can play a big role in reducing anti-social beh8viour. The farm has enabled special needs day care centres holding weekly volunteering sessions for young people aged 13-19 years with severe and profound learning difficulties, physical disabilities and some within the autistic spectrum. Su$tainable Development The farm is grateful to all the volunteers who continue to help with horticulture, maintenance, animal work, administration and educational visits all of which help to keep the farm running. We are grateful to all the cooperate groups that have helped to carry out repairs on the farm site including donating materials. The farm will continue to engage with more groups for better sustainability- We receive many enquiries from people and groups in the borough to help them gain work experience, life skills, volunteering, to help increase their involvement in the community and their confidence, abilities and self-esteem.
1.d) Sustainable Developmentcont. Due to limited finances, we are unable to meet the demand and support all those who need help. Without an increase in funding, we will struggle to maintain our current level of services. Core Costs have been increasing and this affects the services we Can offer. To help us maintain our service level and potentially in¢re8se our ability to engage with the community we will continue to apply for charitable %rants. Our aim is for remuneration to be at least at the living wage level but this of course has financial implications. We are always on the lookout for new trustees and we are now working with Barking and Dagenham Citizens Alliance network. the Fore Foundation and BD Collective to find more avenues of recruiting more trustees. Staff training is an important and ever pr8sent need and courses have been undertaken in •First Aid including Equine First Aid. •Health and safety including SafeEuardinE •Fire safety •Updated staff animal health checks and emergency response •Cyber security best practices •Under$tanding GDPR •Equality, diver8lty & in¢lu$ion aw8reness •Mental health 8warenes$ •Par8sitologry for smallholders Future Plan$ To implemeni the business plan bearing in mind the business risk assessment To maintain and develop our partnership with Barking & Dagenham Council, L8mbourne End Centre, Social Farms and Gardens Ith8 am81gAm8tion of the Federation of City Farms and Comrnunity Gardens and Care Farming UK) to increase our partnership working. To continue to use our resources as efficiently a¥ po88ible and to be a16rt to possibilities for developing the farm, including new streams of funding. To continue lo work with the developer lo realise the proposals for the new development. Risk Management The Trustees have examined the major strategic, business and operational risks which the Charity face8 or may face and confirm that systems are in place to enable regular reports to be produced, so that the nece55ary steps can be taken to lessen any such risks. The principal risks laced by the charity are the sustainability of income, and the ongoing restraint over. and control of. operating costs. Both of these risks are under const8nt review and rnonitoring. Trustees. RBsponsSbllltles The trustees are requiied by law to prepare financial statements for each financial year, which give a true and fair view of the charity's financial activities during the year and of its financial position at the end ot the year. 8elect suitable accounting policies and then apply them consistently: obseNe the methods and principles in the applicable Charities SORP,. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on a going Concern basis unless it Is inappropriate to presume that the company will continue in operation.
1.01 Trustees. Re$ponsiblllties cont. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that the financial statements comply with the Cgmpanies Act 2006, the Charities Act 2011 and the applicable Charities SORP. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the pievention and detection of fraud and othftr irrp¢ularilip8. Financial R8Vi8W The results ol the year are set out in the Statement of Financial Activities on page 3. In the year, the charity has generated income of £211,069,1£191.368- 20231. Total costs incurred were £231,269, 1£202,377- 20231, leaving a current period deficit of income over expenditure of £20,200, before exchange rate differences. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the proparation and dissemination of financial statements. Reserves Pollcy The Trustees aim to have flee reserves to cover 6 months of running costs and 8 minimum of 3 months,1£49,8051. The Trustees believe that this level of reserves would enable us to meet our aims and objectives on a short-term and long" term basis. This would also provide for unanticipated shortfalls in income and to cover Costs such as stafl sickness, delays in receivinE grants, moving premises or other unplanned events. The level of reserves is regularly kept under review. The balance shown on unrestricted fund at 31 sl March 2024 amounted to £199,221. Management accounts conlinue to be presented to the Trustees at each meeting. The Trustees have continued to work with the Ioc81 Council for Voluntary Services to provide advice on commercial management and viability. For the coming year the farm needs to continue lo increase ils income in order to further develop and rnaintein its resources. Approved by the Directors / Tru8tee8 and signed on their behalf by: Reverend R Gayl Director and Trustee
WELLGATE COMMUNITY FARM COMPANYNO. 04370324 (ENGLAND AND WALES) REGISTEREDCHARITY NO. 1091729 INDEPENDENT EXAMINER'S REPORT YEAR ENDED31 MARCH 2024 I repoit to the charity trustees on my examination of the accounts of the charatible company, for the year ended 31 March 2024, which are set out on pages 3 to 9. As the charity's trustees land also its directors tor the purposes of company lawl you are responsible for the pieparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that the accounts of the company ar8 not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carri8d out under section 145 of the Charities Act 2011 (the '2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission undei section 14515llbl of the 2011 Act. My examination was carried out in accordance with the General Diiections given by the Charity Commissioners. An exomination includes a review of the accounting records kept by the charity, and a comparison ot the accounts presented with those records. It also includes ¢on$ideration of any unusual Items or disclosures In the accounts, and S8eking explanations from you as trustees concerning any such rnatteis. The procedures undert8ken do not provlde all the evidence that would be required in an audit, and consequently no opinion is given as to whether the aeeounts present a 'true and fair view,, and the report is limited to those matters set out in the statement below. IndepondonLexanJlThoLutatemont I have completed my examination. I confirm that no matters hav8 come to my attention in connection with the examination giving me cause to believe.. {1 l accounting records were not kept in respect ol the company as required by section 386 of the 2006 Act; or 121 the accounts do not accord with those accounting records., or 131 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounis give a 'true and fair, vlew which Is not a matter considered as part of an independent examination; or 141 the accounts have not been prepaied in aceordance with the m8ihods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Repoiting Standard applicable in the UK and Republic of Ireland IFRS I have no concerns and have come aeross no other maiteis in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. M8wney Accountancy 1 Beech Street Romford Essex RM7 7LA Kim Le8, F.C.M.A. miptr A.T.T. Dated
WELLGATE COMMUNITY FARM REGISTEREDCHARITYNO. 1091729 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2023 Fund& Eunds INCOME Donations and legacies Charitable activities Other trading activities Misccellaneous 28,134 106,457 16,054 1,657 58,767 86,901 106,457 16,054 1,657 33,173 131,064 16,964 992 9,175 42,348 131,064 16,964 992 Total income and endowments 152,302 58,767 211,069 182,193 9,175 191.368 Expenditure on Charitable activities Raising Funds 201,821 17,049 218,869 174,815 27,503 202,317 Total re$ource8 expended 201,821 17,049 218,869 174,815 27,503 202,317 N8t IExpenditurel/lncome for the period before tiansfers 49,519 41,718 7,800 7,378 18.328 10,950 Transfers between funds 333 333 Exchange gains / losses Net movement In funds 49.185 41,385 7,800 7,378 18.328 10,950 Total funds brought forward 142,206 11,510 153,716 134,828 29,838 164,666 Tolal funds carrled forward 93,021 52,895 145,916 142,206 11,510 153,716 The notes on pages 5 to 91orm part ofthese accounts.
WELLGATE COMMUNITY FARM COMPANY NO. 04370324 (ENGLAND AND WALES) REGISTERED CHARITY NO. 1091729 BALANCE SHEET AS AT 31 MARCH 2024 Fixed Assets Tangible Assets Current Assets Cash 8t bankand in hand Debtors and prepayments 132,710 19.155 156,703 585 151,865 157,288 Current Liabitities Creditors.. amount8 falling due within one year 5,949 3.572 Net ¢urrenta88et8 145,916 153,716 Total as$ets l8$s current Ilablllties 145,916 153,716 Represented by: Unrostricted Income funds Restrlcted funds 93.021 52,895 142,206 11,510 145,916 153,716 The members consider that for the period ended 31 March 2024 the chariteble company was entitled to exemption trom the requirements to have an audit under the provision of Section 477 01 the Companies Act 2006. No member or members have deposited a notice requesting an audit for the current financial period under Section 476 of the Act. The trusteesldirectors acknowledge their responsibilities for ensuring that the company keeps 8ccounting records which Comply with Section 386 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the company as at the end ol the finanicial period and of its profit or loss for the financial period in accordance with the requirements of Sections 393 and 394, and which othenNise comply with the requirements of the Act relating to the financial statements, so far as applicable to the charitable company. Approved bythe directors 8ndtrustees on... 2024 and signed on its behalf by: Rico Director and trustee
WELLGATE COMMUNITY FARM REGISTERED CHARITY NO. 1091729 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (al General information The company is a private company limited by guarantee. registered in England and Wales and a registered Ibl Basi$ of preparation The accounts (financial statements) have been prepared under the historical cost Convention with items recognised at cost or transaction value unless otherwise stated in the ielevant noteslsl to these accounts. The fin8ncial statements have been prepared in accordance with the Charites SORP IFRS1021 effective 1 january 2019 and the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. {cl Activiti0$ The financial statements Include the results of the charity's operations as described Sn the directors, and trustees, annual report. Id) Income recognltlon Incorne ol all kinds is accounted for when receivable, i.e. in the period in which the Charity is entitled to receipt, it is probable that the income will be received and the amount of income receivable can be measured reliablv. No Dermanent endowments have been received in the Deriod. {e} Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity lo that exp8nditure, it is probable that settlement will b8 required and the amount of the obligation can be reliablv measured. Expenditure is included on an accruals basis and has been classified under headings that aggregate all costs related 10 the category. AIL core cost categories are regaraed as being In Turtherance ot tne Lnarity'8 ODiects, as oes¢riDed In the Annual Report. (fl Operating l8ase$ Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor. are reflected in the statement of financial activities 88 incurred. (gi Going concern The financial statements have been prepared on 8 going concern basis. The Current economic conditions present increased risks for all businesses. In response to such conditions, the directorsltrustees have carefully considered these risks, including an assessment of uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements. The directorsltrustees have concluded that the going concern basis remains appropriate.
5.al (h) Tangible Fixed Assets Depreciation is provided at the following rates in order to write off the cost of assets less their estimated residual value over their estimated useful lives. Plant and Equipment Fixtures and fittings Motor Vehicles 1 Ovo of cost per annum on a straight line basis 25 % of cost per annum on a straight line basis 20% of cost per annum on a straight line basis A de-minimis limit of £1,000 is applied underwhich fixed assets are not capitalised. {il Fund accounting Funds held by the charity are.. Unrestricted funds These are funds that can be used in accor(Jance with the charitable objectives at the discretion of the directors. Degign8t6d fund$ These are unrestricted funds that the directors have designated for particular purposes. The designation may be cancelled by the directors if they later decide that the charity should not proceed or continue with the use or proje¢t for which the funds were designated. Rastricted funds These are funds that Can only be used for particular restricted purposes within the objects of the charity. Restriction arise when specified by a grantor or when funds ar8 raised for a particular purpose.
WELLGATE COMMUNITY FARM REGISTERED CHARITY NO. 1091729 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2. thoomR Donations and legacie$: Donations and gifts Grants Fundraising schemes Memberships Other Allotments 5,695 20,075 1,543 95 497 230 28.134 5.695 78,842 1,543 95 497 230 86,901 5,941 25,000 56 130 1,964 82 33.173 5,941 34,175 56 130 1,964 82 42,348 58,767 9,175 58,767 9,175 Charitable activlt16$: Education Recreational Activities Supported Volunteering Training 23,910 100 17,323 65,125 106.457 23,910 100 17,323 65,125 106,457 23,767 470 10,876 95,951 131,064 23,767 470 10.876 95,951 131,064 Other tradlng actlvilies: Animal Boarding Events Farm Sales Shopsales Other 358 6,747 3,132 5,817 358 6.747 3,132 5,817 112 9,142 3,S88 4,037 84 16,964 112 9,142 3,588 4,037 84 16.964 16,054 16,054 Miscellaneou8 Income: Refunds to farm Miscellaneous Income- Other 1,657 1,657 378 614 992 378 614 992 1,657 1,657 152,302 58,767 211,069 182.193 9,175 191,388 3. .GrAlll&&A0e i0Laen.t¥. Unrftsttiotod Bestrlcled 898trlr2 F.unds LBBD service level agreement Clothworkers Foundation Essex Youth Trust Jack Petchey Foundation LCF-Vanquis National Lottery Community Fund NCIL North Meet South Big Local OSHWALAssociation 20,075 20,075 20,000 3,000 3.785 10,000 9,738 9.748 1,496 25,000 25,000 20.000 3.000 3,785 10,000 9,738 9.748 1,496 1,800 1,800 4,975 2,400 4,975 2,400 20,075 57.767 77,842 25.000 9.175 34,175
WELLGATE COMMUNITY FARM REGISTERED CHARITY NO. 1091729 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 F• 2Q24 2Q23 Charitable activities Community Involvement Support costs Staff costs Training Travel Administration Ilnc. payroll prep) Insurance Rent Cleaning Repairs & Maintenance Sm811 Tool8 & Equipment Utilities Vehicle Expéns8S Health & Safety Hospitality Miscellaneous 310 21,724 4,230 136,364 1,085 1,001 4.438 4,340 10,600 2,431 1,805 284 3,968 3.671 4.934 430 205 60 5,021 370 26,745 4,230 147,312 1,085 1,001 4,489 4,340 10,600 2,431 2,468 351 4,097 3,753 4,962 430 205 290 23,731 1,104 124,760 243 574 5,669 6,183 871 10,432 1,162 34,163 1,104 138,896 243 574 5,919 6.183 10,948 14,136 51 250 255 1,641 915 3,844 2,707 2,146 255 498 255 2,395 1,594 3,844 2,707 2,525 255 498 663 66 128 82 28 755 680 379 201,821 17,049 218,869 174,815 27,503 202,317 Salaries and wages Social security C08t8 Iless employers Nl allowance) Pension costs 142.876 2,341 2,082 132.580 6,318 1,845 147,299 140,743 Average number of employees 13 Contractors I freelance lil No remuneration is paid to trustees. or persons connected with them. lill No employee received emoluments above £60,000. 2021 Independent examiner's fee Accountancy tees Legal and professional fees HR support NFU membership 1,750 1,050 410 668 352 600 35 322 4.230 957
WELLGATE COMMUNITY FARM REGISTERED CHARITY NO. 1091729 NOTESTO THE FINANCIALSTATEMENTS AS AT 31 MARCH 2024 Cost At 1 April 2023 At 31 March 2024 109,793 109,793 43.635 43,635 28,620 28,620 182,048 182.048 Depreciatlon At 1 April 2023 At 31 March 2024 109,793 109,793 43,635 43,635 28,620 28,620 182,048 182,048 Net bookvalue At 1 April 2023 At 31 March 2024 All fixed assets are held for direct charitable purpo8e8. 2024 Accrued Income Sundry debtors Other debtors 2,111 2,044 15,000 19,155 585 585 Other debtors relates to the return of the deposit paid for a new horsebox, Sundry creditors Other taxes and social security costs Accruals & deferred income 3,266 305 3,572 5,949 5.949 Th8 accruals figure for 2023 has been restated following the discovery of an input error. Unrestricted income fund Restricted funds 93,021 52,895 145,916 142,206 11,510 153,716 The unrestricted income fund represents net income unexpended and undesignated at the date of the balance sheet. These funds comprise those monies which the Trustees are free to use in accordance with the objects of the Charity, as defined in th6 constitution. The restricted funds represent monies given for specific projects or purposes.
WELLGATE COMMUNITY FARM REGISTERED CHARttY NO. 1091729 NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2024 fund$ CL4 Charitable Trust Clothworkers Foundation Es$ex Youth Trust Jack Petchey Youth Achievement Jack Petchey Leader Award Jack Petchey Trip Grant Jack Petchey YAA recognition award LCF- Vanquis National Lotterycommunity Fund NCIL- LBBD Noith Meet South Big Local OSHWALAssociarion 5,000 5,000 20,000 20,000 3,000 1,800 985 3,000 1,517 985 82 848 2,627 1,188 1,832 2,569 2.400 2,870 3,153 166 84 152 7,040 8,550 7,916 1,000 1,000 10,000 9,738 9.748 2,496 333 1,073 2,400 Total Restrlcted Fund8 11,510 58,767 17,049 333 52.895 Got[allnd 101,737 132,227 176,446 2,667 54,852 Qo.¥ignatodtut Vehicle Replacement Fund Reserves fund LBBD 7,669 27,500 5,300 3,000 10,669 27,500 20,075 25,375 40,469 20,075 25,375 3,000 38,169 Total Unrestrlcted Funds 142,206 152,302 201,821 333 93,021 Total Funds 153,716 211.069 218,869 145,916 The opening fund balances have been restated following the discovery of historical input errors. All iestricled fund balances represent unspent grant8 which are carried fotward lor use in the next financial period. The grants weie given for the following purposes'.- This grant was awarded to the Farm to contribute to the purchase of a horsebox. othyrkerS Foundation This grant was awarded to the Farm to contribute to the purchase of a horsebox. This grant was awarded to help fund the costs of the weekend Young Farmers, Club.
9.81 J kp tche undatiQD The Jack Petchey Youth Achievement Award Scheme is run at the Farm which grants several awards per year for young people between the ages of 11 and 25 and expended at their discretion within the charity's activities. 1- Jack Petchey Youth Achievement Award Recognition Grant This grant was given to the Farm as a reward for running the Youth Achievement Award s¢heme well. This was to be used at the Farm's discretion and was therefore used tor match funding the Oshwal grant forthe purchase of new chicken housing and runs. 2-Jack Pet¢hey LeaderAward This was gianted to the Farm in recognition of the dedication and hard work of our adult volunteers and staff that support the activities we provide for young people. The award winner expends the giant al their discretion within the charity's 3 -jack PetcheyTrip Granl This grant was awarded to assist trips for young volunteers that supports their learning. This grant was towards core Costs end the delivering of volunteer training and support. This grant was awarded to provide a staff member and resources to support the development and running of the Weiigate Allotment Project. This grant was awarded to support the delivery of in-house training and certification for adult volunteers. This grant was awarded to provide a staff member. materials and equipment to support the development and running of the Wellgate Allotment Project. This gr8nl was awarded to purchase new chicken sheds and carry out the necessary groundwork lor installation. Wellgate Community Farm is limited by guarantee and therefore has no shale Capital. There were no related party transctions during ihe year.