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2023-03-31-accounts

Pages
Charity references
and Administrative		 Details
Statement of public benefit
Introduction
from Chairman
Introduction
from CEO
Trustees'
Report (including
Directors'		 report)
Independent
Examiner's
report		 10
Statement offinancial
activities
Balance sheet 12
Notes to the financial statements 13-18

STATEMENT QF PUBLIC BENEFIT
"The Objects ofthe Charity are the relief of hardship
and distress, amongst
persons
living and working
in the agricultural,
horticultural
and related communities,
by the provision ofpastoral and practical support
underpinned
by a Christian
ethos. "
All services are made available
to those
in need from
all faiths and none
in a non-judgemental,
non-
proselytising
but supportive
way.
Public Benefits
1. National
Helpline:
The national
confidential
helpline
is open from 7 am to 11 pm every day of the
year, staffed
by a team of volunteers.
Talking
with someone
who understands
farming
but is not
directly
involved
in the situation
can be a real support
in itself,
but when
appropriate,
callers are
offered a visit from an FCN volunteer
by referral through
the co-ordinator
local to the caller
2. Volunteers:
Around
400 volunteers
who
are
'in
sympathy'
with
the
Christian
ethos,
suitably
experienced
and
in-touch
with
rural
and
farming
issues,
are
recruited,
DBS checked
and
appropriately
trained
to 'walk with' farmers
and their families
through
times of stress and personal
difficulty. Referrals to individual
volunteers
are made through
the local FCN County Co-ordinator
who
is also responsible
for the co-ordination
and training ofvolunteers
within their Group and liaison with
their Regional
Director and Head Office for all administrative
and policy issues.
3. Christian
ethos: The Charity
has a clear Christian
ethos which
is inherent
within
its foundation,
board
of trustees
and
charitable
objects,
which
is reflected
in
its published
Vision
and
Ethos
Statements,
whilst sustaining
the principle that all services are made available
to those
in need from
all faiths and none
in a non-judgemental,
non-proselytising
but supportive
way.
4. Partnerships:
~
To ensure
national
coverage,
and to respect the territories
of other independent
farming
and
rural support
services,
FCN has 'memoranda
of understanding'
with those organisations
that
facilitate
cross
referrals
of clients,
access to the
FCN
Helpline,
sharing
of expertise
and
experience
and consortia
bidding
from national
funding
sources
~
'Farming
Help' has been established
and underpinned
with a 'memorandum
of understanding'
between
the FCN, Royal Agricultural
Benevolent
institution
(RABI), Royal Scottish Agricultural
Benevolent
Institution
(RASBI) and the Addington
Fund, to ensure
that the specialist
remits of
each charity
are
fully
recognised,
cross referrals
can flow easily, joint funding
proposals
to
national
bodies can be co-ordinated
and clients are exposed to a seamless service of support.
5. Uptake:
The demand
for FCN's services fluctuates
with the level ofcausal factors within the industry,
so that
through
a national
crisis such as the foot and
mouth
epidemic
in 2001, the scale can be almost
overwhelming.
However the nature offarming
is such that even when the industry
is operating
under
'normal'
conditions,
individual
businesses
and families
will experience
periods of significant
stress
because
of circumstances
specific to the family
or business
so that a steady
demand
on FCN
volunteers
to manage
between
1,500 and 2,500cases per year is typical.
Further statistical
details of uptake,
nature of the difficulty
and routes of referral are described
later
in this document.
Details of FCN's services, operations
and policies are available
on the website at:
www. fcn.org.uk

r the yea r ended 31 March 2 023
General Designated Restdcted Total Total
Unrestricted
funds
f		 Unrestricted
funds
f		 funds
f		 2023 2022f
INCOME
Donations
and legacies		 535,005 302,935 837,940 895,086
Income from charitable activities
Resourcing programmes 117,596 117,596 63,351
Income from other trading activities
Investment income 7,071 7,071 7,842
Totalincome 659,672 302,935 962,607 966,279
EXPENDITURE
Cost of raising funds 47,169 11,942 59,111 52,470
Charitable
activities		 399,853 217,021 616,874 498,704
Governance 204,479 33,020 237,499 216,502
Total ex enditure 651,501 261,983 913,484 767,676
Net incomel ex enditure 8,171 40,952 49123 198,603
Net transfers between
funds		 (78,983) 78,983
Gains/ losses on investments 21,688 21,688 4,448
NET MOVEMENT
IN FUNDS		 92,500 78,983 40,952 27435 203,051
Fund balances
brought
forward		 1~ 1,067,988 238,140 57,047 1,363,175 1,160,124
FUND BALANCES CARRIED FORWARD 15 975,488 317,123 97,999 K 1,390,610 E 1,363,175

BALANCE SHE ET COMPANY REGISTRATION NUMBER: 04429778
as at 31 March 2023
Notes 2023f 2022f
FIXEDASSETS
Tangible assets 10 15,664 28,774
Investments 11 524,932 546,620
540,596 575,394
CURRENT ASSETS
Debtors 12 3,590 18,455
Bank and cash balances 884,687 809,921
888,277 828,376
CREDITDRs: amounts falling due within one year {38,263) {40,595)
NET CURRENT ASSETS 850,014 787,781
TOTAL ASSETSLESSCURRENT LIABILITIES 1,390,610 1,363,175
CREDITDRs: amounts falling due after more than one year 14
f1,390,610 f1,363,175
INCOME FUNDS
Unrestricted
funds
General 16 975,488 1,067,988
Designated 16 317,123 238,140
Restricted funds 16 97,999 57,047
f1,390,610 f 1,363,175

and other factors that are co ns idered
to be r		 idered
to be r		 elevant.
Actu		 elevant.
Actu		 al results
may d		 iffer from these estimates. iffer from these estimates.
The estimates
and underlying		 assumptions are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised
in the period		 in which the estimate is revised ifthe revision affects only that period, or in the period
ofthe revision and future periods ifthe revision affects both current and future periods.
The Directors
do not consider		 there are any critical judgements
or sources of estimation
uncertainty		 requiring
disclosure
beyond the accounting		 policies listed above.
3
INCOME —DONATIONS		 AND LEGACIES General
Unrestricted Restricted 2023 2022
Volunta
income		 8 8 f
From churches 46,345 2,973 49,318 45,150
From events &activites 5,079 5,079
From individuals
and other organisations		 175,430 15,248 190,678 173,087
Legacies 94,880 5,579 100,459 375,096
Gift aid tax refunded 7,512 7,512 5,632
Grants received (see note 4) 205,759 279,135 484,894 296,121
535,005 302,935 837,940 895,086
For 2022,f713,371 was general unrestricted
income and f181,715was restricted		 income.

4
GRANTS RECEIVED		 4
GRANTS RECEIVED		 4
GRANTS RECEIVED		 4
GRANTS RECEIVED		 General
Unrestrictedf Restrictedf 2023 2022f
DEFRA and Regional
Development		 Agencies 8,984 94,083 103,067 133,000
Richard Oatley Foundation 75,000 75,000
NFU Mutual Charitable
Trust		 70,000 70,000
Westminser
Foundation		 30,000 30,000
P D Hook Ltd 20,000 20,000 7,500
Cereal Fruits 15,382 15,382
E L Flemming
Charitable		 Trust 10,050 10,050
Mercer Family 10,000 10,000 40,000
Kristina
Martin Charitable		 Trust 10,000 10,000
Betty Lawes Foundation 10,000 10,000 2,000
EWG Charitable
Trust		 10,000
Deepest Books 10,000 10,000
Agrovista 10,000 10,000
Hutchinson
Charitable
Trust		 8,000 8,000 8,000
Hook 2 Sisters
Prince's Countryside
Fund		 3,550 3,550 7,500
6,535
HR Department 6,206
AB Connect 5,133
Quality
Equipment		 5,125 5,125
Duchy of Lancaster Benevolent Fund 5,000 5,000
Lord Leverhulmes
Charitable		 Trust 5,000 5,000
Agri 5,025 5,025 4,000
Ricardo
Other
rantssf5, 000		 5,625
72,568		 1,502 5,625
74,070		 3,375
62,872
Total
rants
er Note 3		 205,759 279,135 484,894 296,121

(A CHARI (A CHARI (A CHARI TABLE COMPANY
L		 COMPANY
L		 I MITED BY GU ARANTE E)
6
EXPENDITURE		 GENERAL UNRESTRICTED RESTR1CTED
Local activity & Local activity &
supporting
volunteers		 Publicity
s		 Training
E		 Direct
costsf		 supporting
volunteersf		 2023f 2022f
Costs ofgenerating funds
Staff costs (note 7) 37,638 10,809 48,447 46,878
Travel 3,634 3,634 1,594
Communications 2,206 2,206 632
Fundraising
materials		 727 727 596
Legal & professional 2,919 1,133 4,052 2,770
Other 45 45
47,169 11,942 59,111 52,470
47,169
Charitable
activities
Staffcosts (note 7) 177,576 49,165 21,152 189,852 437,745 359,135
Travel 29,951 7,262 1,686 11,057 49,956 17,493
Communications 9,258 478 438 1,938 12,112 14,947
Legal &professional 1,080 767 1,847 1,226
Room hire and refreshments 4,136 219 1,658 6,013 7,899
Publicity 8 training materials 77,442 1,169 12,516 91,127 95,396
Insurance 6,452 6,452 2,608
Other 515 11,107 11,622
228,968 134,347 36,538 217,021 616,874 498,704
399,853
Governance
Staff costs (note 7) 41,852 22,826 121,620 118,665
Travel costs 29,900 523 30,423 20,051
Communications 23,701 1,282 24,983 22,704
Legal & professional 17,382 8,389 25,771 22,280
Insurance 8,397 8,397 5,246
Audit &accountancy 4,600 4,600 2,040
Premises
and depreciation		 19,187 19,187 25,516
Other 2,518 2,518
204,479 33,020 237,499 216,502
204,479
Total expenditure 228,968 134,347 36,538 251,648 261,983 913,484 767,676
651,501
n 2022, f400,646 related to genera I unrestricted funds and f367 030 related to restricted
fund		 s
7
STAFF COSTS		 2023
6		 2022f
Wages and salaries 539,406 436,963
Social security casts 43,911 35,124
Other pension costs 24,495 21,739
607,812 493,826

2023 2022
This is stated after charging: F
Independent Examiner's
remuneration		 2,500 2,040
Depreciation 13,110 16,190
Directors'
indemnity		 insurance 3,697 2,192

10
TANGIBLE FIXEDASSETS		 10
TANGIBLE FIXEDASSETS
Office
equipmentf
Cost or valuation:
At 1 April 2022 123.105
Additions
At 31 March 2023 123,105
Depreciation:
At 1 April 2022 94,331
Char e for the
ear		 13,110
At 31 March 2023 107,441
Net book value
At 31 March 2023 15,664
At1A ril2022 28,774
11
INVESTMENTS		 2023 2022f
Market value at 1 April 2022 546,620
Acquisitions
at cost		 542,172
Sales proceeds from disposals
Gain/(loss)
in the year		 (21,688) 4,448
Market value at 31 March 2023 524,932 546,620
Investments
at market value comprised:
Rathbone
Unit Trust Management
Core Investment		 Fund for Charities Income Fund 455,000 227,098
M8G Equities investment Fund for Charities (Charifund) Acc 41,872
Cash 28,060 319,522
524,932 546,620
Historical cost as at 31 March 2023 509,109 542,172
12
DEBTORS		 2023 2022
E F
Amounts
falling due within one year
Trade debtors 15 11,000
Prepayments
and accrued		 income 575 1,167
Gift Aid tax refund 3,000 6,288
3,590 18,455
13
CREDITORS: AMOUNTS		 13
CREDITORS: AMOUNTS		 FALLING DUE FALLING DUE WITHIN ONE YEAR WITHIN ONE YEAR 2023 2022
Trade creditors 6,111 14,039
Other taxes and social security 10,270 16,102
Other creditors 7,391 3,537
Deferred
inCOme
&see also Nota 14)		 7,917
Accrued expenses 3,976 6,917
38,263 40,595
14
CREDITORS: AMOUNTS		 FALLING DUE AFTER MORE THAN ONE YEAR 2023 2022
Deferred income
DEFERRED INCOME
At 1 April 2022
Income deferred
in year
Income deferred
in year		 —for release
-for release		 within
after		 one year
more than		 one year 7,917
Amount
released
in year
At 31 March 2023 7,917
15
FUNDS ANALYSIS		 General Designated
Unrestricted Unrestricted
fund fund Restricted fund 2023 2022
E E
Tangible
fixed assets		 540,596 540,596 575,394
Current assets 473,155 317,123 97,999 888,277 828,376
Liabilities (38,263) (38,263) (40,595)
Net assets 975,488 317,123 97,999 1,390,610 1,363,175
16
MOVEMENT		 IN FUNDS At 1 April Incoming Outgoing At 31
2022 Transfers resources resources March 2023
8 E E E
Restricted funds
Voluntary
income		 57,047 302,935 (261,983) 97,999
Unrestricted
funds
Designated 238,140 78,983 317123
General 1,067,988 (78,983) 658,255 (671,772) 976,488
1,363,175 961,190 (933,755) 1,390,610