Downs Farm Trust
Report and Accounts
31 October 2022
Charity number 1101181
## **Downs Farm Trust Contents Page**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees' Annual Report|2 - 3|
|Independent examiners report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes forming part of the financial statements|7|
## **Downs Farm Trust Legal and administrative information**
|**Trustees**|Neale Jackson|
|---|---|
||Nicola Jackson|
||George Purdie|
|**Principal Office**|Downs Farm|
||Yalding Hill|
||Maidstone|
||Kent|
||ME18 6AL|
|**Accountants**|Charcroft Baker LLP|
||Chartered Accountants and Statutory Auditors|
||5 West Court|
||Enterprise Road|
||Maidstone|
||Kent|
||ME15 6JD|
|**Charity number**|1101181|
1
## **Downs Farm Trust Annual Report of the Trustees**
The trustees present their report along with the financial statements of the charity for the year ended 31 October 2022
The trustees have had regard for the general guidance from the Charity Commission on public benefit when determining the charity's objectves.
The trustees must apply the income of the charity in furthering the followings objects:-
- (1) For the benefit of the public to relieve the suffering of unwanted, abandoned, mistreated and injured animals in need of care and attention. Providing facilities for their rescue, collection, recovery, feed and shelter as well as any ancillary needs.
- (2) To promote humane behaviour towards animals by providing care, rehabilitation and training for animals and education of the public in relation to animal welfare and behaviour.
## **Reserves policy**
The trustees aim to hold reserves sufficient to meet the ongoing liabilities of the trust.
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## **Names of trustees**
Neale Jackson Nicola Jackson George Purdie
In selecting individuals for appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
## **Charity's principal address**
Downs Farm Yalding Hill Maidstone Kent ME18 6AL
## **Professional advisers**
Charcroft Baker LLP Chartered Accountants and Registered Auditors
2
## **Downs Farm Trust Annual Report of the Trustees**
## **Charity's activities and achievements during the period**
The charity has continued its work this year caring for the many resident animals at the farm, most of whom require regular and ongoing veterinary care and medications.
We have continued to support local wildlife where we can, helping birds, rabbits, squirrels, fish etc... We Supported a mother duck to raise her family of 9 ducklings (All reached adulthood in good health and are happily living in the wild now). We also support members of the public and their animals where we are needed.
We continue to run our social media pages, informing users of our activities and providing information on various animal welfare topics to the public and selling items to raise funds.
We took on another long term resident cat who came to us with a kitten after both were abandoned. The kitten has now been fostered out to a loving family and the mother cat will live at the farm as she is not suitable for rehoming due to her behaviour.
Our regular donations continue to come in every month.
The charity shop has gone from strength to strength and is popular with local residents and is proving to be a good advertising tool for the charity as well as raising much needed funds.
The trustees continue to provide financial assistance if required and have paid out on a regular
This report was approved by the trustees and signed on their behalf by
Trustee: N. Jackson
Date: 15/08/2023
3
## **Downs Farm Trust**
## **Independent examiners report to the Trustees of Downs Farm Trust**
I report to the trustees on my examination of the accounts of Downs Farm Trust (the Trust) for the year ended 31 October 2022, which are set out on pages 5 to 7.
## _Responsibilities and basis of report_
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’).
I report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## _Independent examiner’s statement_
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
(2) the accounts do not accord with those records; or
(3) the accounts 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 accounts to be reached.
## Signed: M.G Baker
_____________________________
Michael Baker BA FCA For and on behalf of Charcroft Baker LLP Statutory Auditors 5 West Court Enterprise Road Maidstone Kent ME15 6JD
Date: 15/08/2023
_____________________________
4
## **Downs Farm Trust Statement of financial activities**
## **(incorporating the income and expenditure account) for the year ended 31 October 2022**
|**Incoming resources**
Donations
Shop Sales
Equine transportation
Raffle ticket & Fund Raiser
**Total incoming resources**
**Direct charitable expenditure**
Animal feed and consumables
Veterinary and associated costs
Rates
Farrier
Repairs and Maintenance
**Management and administration**
Accountancy fees
Depreciation
**Net (outgoing)/incoming resources**
**Fund balances brought forward**
**Fund balances carried forward**|**Unrestricted**
**funds**
**2022**
**£**
7361
25495
0
330
33,186
22339
5598
1037
2670
5050
36,694
780
3200
3,980
(7,488)
25,688
18,200|**Unrestricted**
**funds**
**2021**
**£**
4,596
9,612
1,638
200
16,046
9,947
5,429
529
2,140
1,074
19,119
720
3,200
3,920
(6,993)
32,681
25,688|
|---|---|---|
5
## **Downs Farm Trust Balance sheet as at 31 October 2022**
|**Notes**
**Fixed assets**
2
**Current assets**
Cash at bank and in hand
Debtors
3
**Creditors: amounts falling due**
**within one year**
4
**Net current assets**
**Net assets**
**Income funds**
Unrestricted funds
**Total funds**|**Unrestricted**
**funds**
**2022**
**£**
19200
440
-
440
(1,440)
(1,000)
18,200
18,200
18,200|**Unrestricted**
**funds**
**2021**
**£**
22,400
4,408
200
4,608
(1,320)
3,288
25,688
25,688
25,688|
|---|---|---|
N. Jackson Trustee Approved by the Trustees on: 15/08/2023
6
**Downs Farm Trust Notes to the Accounts For the year ended 31 October 2022**
## **1 Accounting policies**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.
## **Income**
Income is recognised in the Statement of Financial Activities once the charity has entitlement to the receivable economic benefit, it is probable that this will be received, and the amount can be measured reliably.
## **Expenditure**
Expenditure is recognised in the Statement of Financial Activities when there is a present legal or constructive obligation as a result of a past event, the transfer of economic benefits is probable and can be measured reliably.
## **Stock**
Donated goods are only recognised on their sale, as the cost of valuation outweighs the benefit to users of the accounts.
## **Depreciation**
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life
Equipment 10% straight line method Motor vehicles 10% straight line method
- **2 Tangible fixed assets**
|**Cost**
At 31 October 2021
Additions
Disposals
At 31 October 2022
**Depreciation**
At 31 October 2021
Charge for the year
On disposals
At 31 October 2022
**Net book value**
At 31 October 2022
**3**
**Debtors**
Accrued Income
**4**
**Creditors: amounts falling due within one year**
Accrued costs|**Equipment**
**£**
23,910
-
23,910
23,910
23,910
-|**Motor vehicles**
**£**
32,000
32,000
9,600
3,200
12,800
19,200
**2022**
**£**
-
**2022**
**£**
1,440|**Total**
**£**
55,910
-
-
55,910
33,510
3,200
-
36,710
19,200
**2021**
**£**
200
**2021**
**£**
1,320|
|---|---|---|---|
## **5 Trustee Remuneration and expenses**
The trustees received no form of remuneration during the year ended 31 October 2022 (2021: £Nil). **Trustee Renumeration and expenses**
7