Charity Registration No. 1096422 LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS LEGAL AND ADMINISTRATIVE INFORMATION Trustees: J Carroll E Hardaker C Rowland J H Belcham J Comyn-Platt P Metcalfe J S Lawson G J Mcmahon Charity Number: 1096422 Independent Examlner: Mitchell Charlesworth (Audit) Limited 3rd Floor 44 Peter Street Manchester M2 5GP Banker5: National Westminster Bank PLC 10 Yorkshire Street Oldham OLI IQT Sollcltors: Butcher and Barlow Bank Street Bury Lancashire BL9 ODL
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS CONTENTS Page Trustees. Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8-15
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES. REPORT FOR THE YEAR EIVDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the Charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from l January 2016). Publlc Beneflt In the opinion of the trustees the activities of the Charity are clearly for public benefit, as evidenced by the objectives and activities noted below. Charitable activities The Charity plants memorial trees in memory of people andlor events in woodland locations throughout the UK. The Charity has 54 managed memorial forests throughout the UK which provide beautiful outdoor community spaces. Since its inception the Charity has donated over £1.6 Million to health-related organisations, assisted with the concept, design and installation of IS permanent community memorials and worked with many Schools and Community Groups in conservation. protection. and environmental improvement activities. Charitable objectives al To relieve the mental. physical, and spiritual distress of people suffering from bereavement or loss. particularly throu8h the provision of memorial forests and 8ardens in memory oftheir loved ones. bl To promote the conservation. protertion, and improvement of the physical and natural environment by the creation of such forests and gardens. cl The relief of sickness and suffering internationally by the provision of grants andlor equipment to other charities. hospitals. and hospices. In meeting these objectives, Life for a Life provides: A place to remember and scatter the ashes if required of a loved one. Woodlands for all to enjoy. Environmental and community engagement programmes. Donations to support local and national health related organisations. Conservation, protection. and environmental improvement activities. Marketln8 We are continuing to develop the website to improve the user experience. We communicate key messaging and our charitable activities to our supporters by regularly posting on our social media pages, across different channels. To promote our memorial planting services and reach our target audience, where possible, we supply local re815ter offices and funeral directors with printed materials to distribute on our behalf. The Charity has hosted and supported a range of events alongside our partners and communities.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES. REPORT FOR THE YEAR EIVDED 31 MARCH 2025 Health and safety Health and Safety remains a key focus operationally and strategically to ensure all stakeholders are protected. Risk assessments and policies are reviewed and updated regularly to keep abreast of new regulations and advice given from appropriate sources. The trustees have assessed the major site risks to which the Charity is exposed and are satisfied that the systems are in place to mitigate exposure to the major risks at each site. Planting sites One of the main attrattions of the Charity is undoubtedly the environmental impact that our planting sites provide, We are pleased with the pro8re55 of several planting sites, which have become operative over recent years. Donatlons and glft In klnd donatlons It is an established custom and practice for the Charity to enquire of beneficiaries where and how monetary donations are spent. This ensures that the distribution of donated funds made by the Charity is apparent and fits with the aim5 and objectives indicated in the Charity's Trust Deed. This also gives rise to the Charity being able to publicise by way of social media where the charitable funds raised by the Charity are put back into the community and at the same time clearly indicates the contributions made within the community by the donors of Life for a Life Memorial Forests and Gardens. Dlrect monetary donatlons 2025 2024 Back on Track Bolton Hospice Brian House Children's Hospice Broughton House- Veteran Care Village Bury Hospice Chadderton FC Chew Stoke Church School Countess of Chester Friends Derian House Children's Hospice Dr Ker5haw's Hospice Friends of Tandle Hill Jigsaw Bury Mayfly Project Medequip4kids Northern Lilv Northern Roots Oldham Liaison for Ex Service Personnel Oldham Mayorfs Appeal Fund Pendle5ide H05pice Royal British Legion. Manchester Sholver Springhill Hospice St Catherine's Hospice St John's Hospice St Joseph's Hospice The ABF 50 1,000 1,000 250 2,000 io 240 loo 1,000 1,500 100 1,000 5Th) 1,500 500 150 370 500 1,000 610 42 1,080 405 500 215 250 1,000 1,000 2,400 1,000
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES. REPORT FOR THE YEAR EIVDED 31 MARCH 2025 Dirert monetary donations (continued) 2025 2024 The Land Trust- Chester and Fricklev Trinity Hospice Yeovil Rivers Community Trust 19,127 12,001 1.000 26,107 29,233 Glft In klnd donatlons (see note 6): Dr Kershaw's Hospice Grounds Maintenance Sholver maintenance Laudato Si Centre TCV Merseyside Friends of Tandle Hill Mersey Forest Community Pollinator Patches Lancaster- Meadow Mowing Plumpton Clough and Northern Lily, Oldham City of Trees United Utilities Community Group-Agnes Robinson Pocket Park Firwood and District Residents Association Northern Roots Milk Bank at Countess of Chester Hospital RHS Bridgwater and Salford Communitv Salford Healthy Communities Chaddy Park FC Friends of Marshall Gardens Warrington Rochdale in Bloom - Watergrove Strinesdale Country Park Litter Picking Community Forest Trust- Pathway Mowing Griffin Wood Dr Kershaw's Christmas Tree Collertion M62 Memorial Community Forest Trust- Pathway Mowing Lightshaw Meadows 4,140 9,240 280 1,257 1,780 1,440 570 680 1,040 900 560 630 880 1,260 360 1,070 1,050 1,250 600 440 2,327 780 1,350 890 920 1,035 1,070 1,910 575 1,380 I,ioo 640 700 1,080 16,797 28,387
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES. REPORT FOR THE YEAR EIVDED 31 MARCH 2025 Biodiversity policy It is the policy of the Charity to continually improve the way we manage our sites. Whilst trees offer many positive environmental benefits including carbon capture and secretion. the Charity acknowledges management techniques rnust balance numerous objectives one of which is to improve biodiversity. This is illustrated in current management practice by a reduction in grass cutting regimes across sites to encouraged proliferation of ground flora, creation of deadwood habitats (dead hedges and brash piles), hedge planting and management of wildflower meadows. HL•man resources Our staff remain a major asset to the Charity. and we continue to focus on staff retention and development. Chalrfs annual statement The Board of Trustees have acted in accordance with their duties and responsibilities to govern and further the objectives of the Charity. The Trustees continue to act as Ambassadors for the charity. promoting the work to a wider audience of partners and stakeholders. adding credibility and stability to the long-term future aspirations and expansion of the Charity. Trustee and Strategy Meetings have continued throughout the year and proved to be of considerable value in the day- to-day operations of the Charity and the strategic focus where investment in IT infrastructure and land negotiations have taken priority. Our partnerships remain solid, and we are confident that negotiations around additional planting sites will be fruitful during the next financial year. The Trustee5' focus on financial stability has ensured the Charity is in a stron8 Posltion now and for the future. The Chair, together with the Board of Trustees is satisfied with the operations and strate8ic direction of the Charity and remains content with the pro8ress which has been made durin8 the year. Flnancial revlew A summary of the year's results can be found on pa8e 7 of the accounts. During the year total incoming resources were £425,840 compared to £422,728 in the previous year. Total resources expended in the year were £405,570 compared to £422.718 in the previous year. Strurturel governance and management The Charity is a registered trust and is governed by a declaration of trust dated 20 February 21)J3 and a further declaration dated 27 October 2Crf)3. It 15 the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-months. expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. The trustees have assessed the major risks to which the Charity is exposed and are satisfied that SV5tems are in place to mitigate exposure to the major risks.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees who served during the year and up to the date of signature of the financial statements were: J Carroll E Hardaker C Rowland J H Belcham J Comyn-Plètt P Metcalfe J S Lawson G J Mcmahon The trustee5 are responsible for the appointment of new trustees. New trustees will only be appointed after due consideration is given to eli8ibility. personal competen, and spec4alist skills. New trustees when appointed are inducted Into the working Charily by the existing trustees. Health and Safety - Remains a key focu5 operationally and Strategically to ensure all stakeholders are protected. Risk a55essment5 and policie5 are reviewed and updated r¢8ularly to keep abreast of new re8ulations and advice 8iven from appropriate sources. The Trustees. Report was approved by the Board of Trustees by: P Metcalle Trustee Date: 0810912025
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS FOR THE YEAR EIVDED 31 MARCH 2025 I report to the charity trustee5 on my examination of the financial statements of Life for a Life Memorial Forest5 and Gardens (the Charity) for the year ended 31 March 2025 which are set out on pages 7 to 17. Responslbllitles and basls of report As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2022 Ithe Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 1451Sllbl of the Act. Independent examiner's statement Since the Charity's gross income exceeded £250,(MX) your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales IICAEWI. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accountin8 records were not kept in respect of the charity as required by section 130 of the Act; or the financial statements do not accord with those records: or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Allson Buckley FCA Independent Examiner Mitchell Charlesworth IAuditl Limited 3rd Floor, 44 Peter Street Manchester M2 5GP Date: 0810912025
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EIVDED 31 MARCH 2025 Unrestrirted Restrirted Funds Funds 2025 2025 Unrestricted Funds 2024 Restricted Funds 2024 Total 2025 Total 2024 Notes Income from: Donations and legacies Rental income Investments Miscellaneous income 411,247 6,675 3,463 4,455 411,247 6,675 3,463 4,455 410,945 10,978 781 24 410,945 10,978 781 24 Total Income 425.840 425,840 422,728 422,728 Expenditure on: Raising funds 1,870 1,870 Charitable activities 402,891 402,891 422,386 422,386 Other li 809 332 332 Total resources expended 405,570 405,570 422,718 422,718 Net 8alns/{lossesl on investments 13.177) 13,177) 2.838 2,838 Net movement In funds 17,093 17,093 2,848 2,848 Fund balances at l April 2024 261,319 3.855 265.174 258,471 3,855 262,326 Fund balances at 31 March 2025 Z78,412 3.855 Z82.267 261.319 3,855 265,174 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 9 to 17 form part of these financial statements.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS BALANCE SHEET ASA T31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets Investments 12 13 58,791 101.268 16,330 102,376 160.059 118,706 Current assets Debtors Cash at bank and In hand 14 4.830 163311 162.558 162,558 (16,0901 Creditors= Amount5 fallinz due wlthln one year 16 125,482) Net current assets 142,659 146,468 Total assets less current Ilabllltles 302.718 265,174 Creditors: amounts falllng due after more than one year 17 120,4SI) Net assets 282,267 265,174 Income funds Restrlcted funds Unrestricted funds 19 3,855 278.412 3,855 261,319 282,267 265,174 The notes on pages 9 to 17 form part of these linancial statements. The flnanclaS statements were approved by the Trustees on 0810912025 and signed on thelr behalf by: P Metcalfe Tru5t¢e
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 Accounting policies Charity Informatlon Life for a Life Memorial Forests and Gardens is a registered charity INO. 10964221 in England and Wales. Its registered office is The Woodland Suite. Chadderton Court. 451 Middleton Road. Chadderton, OL9 9LB. 1.1 Accounting convention The financial statements have been prepared in accordance with the Charity's governing document. the Charities Act 2022 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective l January 2019)" The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterlin8. which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. Golng concern At the time of approving the financial statements. the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Incoming resources Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant are recognised at the time of the donation.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 Resources expended Income and expenses are included in the financial statements as they become receivable or due. Expenses include VAT where applicable as the Charity cannot reclaim it. Expenditure is included on an accruals basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases- Plant and machinery 20% reducing balance Fixtures, fittings and equipment 20% reducing balance Motor vehicles 20% strai8ht line Investments Investments are recognised initially at fair value which is normally the transartion price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains / Ilossesl on investments, in the SOFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment. 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or less. Basic financial assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payment5 discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subseqLJently measured at amortised cost using the effettive interest method.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 Derecognition of financial liabilities Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases. Assets held under finance leases are recognised as assets at the lower of the asset's fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consistin8 of capital and interest elements. The interest is charged to net incomellexpenditurel for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability. Rentals payable under operating leases, including any lease incentives received. are charged as an expense on a straight line basis over the term of the relevant lease. Donations and legacies received 2025 2024 Donations and gifts Grant5 received Gift aid reclaimed 411,146 410,015 930 ioi 411,247 410,945 Grants recelvable for core actlvltles Government grants 930 Rental Income recelved Unrestrlrted Unrestricted Funds Funds 2025 2024 Rental income from sublet of property Interest receivable 866 5,809 10.394 6,675 10,978 Raising funds Unrestrirted Unrestricted Fund5 Funds 2025 2024 Fundralslng and publlclty Staging fundraising event5 1,870
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 Charitable activities Memorial trees and Glft in kind gardens donatlons Total 2025 Staff costs Depreciation and impairment Rent. rates, gas and electricity Insurance Printin8, POSta8e and stationery Telephone and computer Motor and travel Cleaning Trees and memorials Bank charges Donations Repairs and renewals Training Sundry expenses 179,375 9,100 18,164 7.480 13,725 11,961 16,066 383 64,708 3,978 26,107 15,628 4,833 280 16,797 196,172 9,100 18,164 7,480 13,725 11,961 16,066 383 64,708 3,978 26,107 15,628 4,833 371,788 14,306 16.797 388,585 14,306 Share of governance costs (see note71 386,094 16,797 402,891 Charltable actlvltles Memorial trees and Gift in kind 8ardens donations Total 2024 Staff costs Depreciation and impairment Rent. rates. gas and electricity Insurance Printin8, Postage and stationery Telephone and computer Motor and travel Cleaning Trees and memorials Bank charges Donations Repairs and renewals Trainin8 Sundry expenses 167.593 6,688 30.018 7.598 15,381 8.775 16,474 394 68,395 3.437 29,233 22.815 5,216 147 28.387 195,980 6,688 30.018 7,598 15,381 8,775 16,474 394 68,395 3.437 29,233 22,815 5,216 147 382,164 11.835 28,387 410,551 11.835 Share ofgovernance costs Isee note7) 393,999 28,387 422,386
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 Donations paid 2025 2024 Donations Gift in kind donations 26,107 16.797 29,233 28,387 42,904 57,620 A full breakdown of the donations paid and gifts in kind are provided on page 3 of these financial statements. Support and Eovernance costs Governance Costs Basls of Allocation 2025 2024 Accountancy fees Legal and professional 4.261 10,045 4.261 10,045 6.903 Governance 4,932 Governance 14,306 14.306 11,835 Analysed between charitable activities 14,306 14,306 11,835 Governance costs includes independent examination fees of £3.15612024: £2,970). There have been no support costs for the past three years. Trustees None of the Trustees, or any persons connected with them, received any remuneration or benefits from the Charity during the year. Ernployees 2025 No. 2024 No. Avera8e monthly number of employees durin8 the year 2025 2024 Employment costs Wages and salaries 196,172 195.980 10. Other costs 2025 2024 Financin8 Costs 809 332 332
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 ii. Tangible fixed assets Fixtures. Plant and Fittings and Machinery Equipment Motor Vehlcles Total Cost At l April 2024 Additions Disposals 57,216 7.200 5.988 3.983 12,9881 22.188 40.379 122,1881 85,392 51,562 125,1761 At 31 March 2025 64.416 6,983 40,379 111,778 Depreclation and Impalrrnent At l April 2024 Depreciation charged in the year Eliminated on disposal 42,914 4,300 3.960 988 12.9881 22,188 3,812 122,1871 69.062 9,100 125.1751 At 31 March 2025 47,214 1.960 3,812 52,987 Carrying amount At 31 March 2025 17,202 5.023 36,567 58,791 At 31 March 2024 14,302 2,028 16,330 LSsted Investments Cash In portfolio 12. Fixed asset investments Total C05t or valuatlon At l April 2024 Additions Valuation changes Movement in cash Disposals 94.077 10,617 18521 5.462 99,539 10,617 18521 13,6431 14,3931 13,6431 14.3931 At 31 March 2025 99,449 1,819 101,268 Carrying arnount At 31 March 2025 99.449 1.819 101,268 At 31 March 2024 96.915 5,462 102.377 The investments are managed within a portfolio held with James Sharp & Co in the United Kingdom. The historic cost of the investments is £100.30012024= £94.0771.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 13. Debtors 2025 2024 Amounts falling due wlthin one year: Trade debtors Prepayments and accrued income 4,830 4,830 14. Finance lease commitments 2025 2024 Future mlnlmum lease payments due under finance leases: Within one year Within two to five years 5,986 20,451 849 26,437 849 The finance lease relates to a motor vehicle included within fixed assets. The liabilities are secured on the assets to which they relate. 15. Creditors: amounts fallin8 due within one year 2025 2024 Obllgations under flnance leases Inote 151 Other taxation and social securitv Trade creditors Other creditor5 Accruals and deferred income 5,986 3,163 10,506 2,671 3,156 849 3,696 7,304 1,271 2,970 25,482 16,090 16. Creditors: amounts fallin8 due after more than one year 2025 2024 Obligations under finance lease5 (note ISI 20,4SI The obligations under finance leases are secured on the assets to which they relate. 17. Retirement benefrt schemes The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 18. Restricted funds The income funds of the Charity include restrirted funds comprising the following unexpended balances of donations and 8rants held on trust for specific purposes: Movement in funds Movement in funds Balance at 31 March 2025 Balance at l April 2023 Incoming Balance at Resources l April 2024 Incomlng Resources Chopin Memorial Maintenance Rotary Partington 116 2,440 1,299 116 2,440 1.299 116 1,299 3,855 3,8SS 3,855 The Chopin Memorial Maintenance Fund is restricted for the maintenance of the Chopin statue. The funds remaining are to be used for cleaning the statue. The Rotary Fund is a restricted fund for the future maintenance of the Rotary Wheel within Tandie Hill Country Park where we have our planting site. The Partington Fund is for tree work and fence installation and fruit tree planting. 19. Analysis of net assets between funds Unrestrlcted Funds Restricted 2025 Funds 2025 Unrestricted Funds Restricted 2024 Funds 2024 Total 2025 Total 2024 Fund balances are represented by Tangible assets Investments Current assets/lliabilitiesl Long term liabilities 58,791 101,268 138.804 {20,451) 58,791 101,268 142,659 120,451) 16.330 102,376 142.613 16,330 102,376 146,468 3,855 3.855 278.412 3.855 282,267 261.319 3,855 265.174 20. Related party transactions Jane Carroll is a trustee of the Charity and is also a partner of Solutions for HR who have Supplied services of £35812024.. £nill.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2025 21. Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating lease is as follow5 for each of the following periods.. 2025 2024 Within one year Between two and five years 20,000 29.600