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|||Page|
|---|---|---|
|Legal and administrative|information||
|Trustees'
report||2-10|
|Trustees'
responsibilities|statement||
|Independent
examiner's|report|12|
|Statement offinancial activities||13|
|Balance sheet||14|
|Notes to the financial statements||15-25|
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|Trustees||Mr Robert Musgrave|Mr Robert Musgrave|MBE, Chair until 8 July 2023|
|---|---|---|---|---|
|||Mr John Dracup|||
|||Ms Sue Adams|||
|||Rev Geoffrey Fenton||(retired 8 July 2023)|
|||Mr Andrew Walker|||
|||Miss Anita Dowman|||
|||Ms Alison Adlam, Chair from 8 July 2023|||
|Company|registered||||
|number||04430825|||
|Charity registered|||||
|number||1105186|||
|Registered|office|2nd Floor Stratus House|||
|||Emperor Way|||
|||Exeter Business|Park||
|||Exeter|||
|||Devon|||
|||EX13QS|||
|Company|secretary|Mr Robert Musgrave||MBE|
|Accountants||Bishop Fleming|LLP||
|||Chartered
Accountants|||
|||Statutory
Auditors|||
|||2nd Floor Stratus|House||
|||Emperor Way|||
|||Exeter Business|Park||
|||Exeter|||
|||EX13QS|||
|Bankers||Lloyds Bank PLC|||
|||41 Courtenay|||
|||Newton Abbot|||
|||Devon|||
|||TQ12 2QW|||
|Solicitors||Tozers LLP|||
|||Broadwalk
House|||
|||Southernhay
West|||
|||Exeter|||
|||EX1 1UA|||
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||||||Charity|Charity|||
|---|---|---|---|---|---|---|---|---|
||||||unrestricted|restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||2023|2023|2023|2022|
|||||Note|F||E||
|INCOME FROM:|||||||||
|Donations
and legacies|||||63,169|184,167|247,336|318,953|
|Charitable
activities|||||81,440||81,440|69,376|
|Fundraising
income|||||647||647|27|
|Investment
income|||||1,478||1,478|89|
|Other income|||||4,542||4,542||
|TOTAL INCOME|||||151,276|184,167|335,443|388,445|
|EXPENDITURE ON:|||||||||
|Raising funds|||||1,414||1,414|884|
|Charitable
activities|||||123,412|176,241|299,653|190,402|
|TOTAL EXPENDITURE|||||124,826|176,241|301,067|191,286|
|NET INCOME BEFORETRANSFERS|||||26,450|7,926|34,376|197,159|
|Transfers
between|Funds|||16|104,652|(104,652)|||
|NET INCOME I(EXPENDITURE) BEFORE|||||||||
|OTHER RECOGNISED GAINS AND|||||||||
|LOSSES|||||131,102|(96,726)|34,376|197,159|
|NET MOVEMENT|IN FUNDS||||131,102|(96,726)|34,376|197,159|
|RECONCILIATION|OF FUNDS:||||||||
|Total funds brought|forward|including|fixed||||||
|asset funds|||||2,407,134|191,426|2,598,560|2,401,401|
|TOTAL FUNDS BROUGHT FORWARD
INCLUDING
FIXEDASSET FUNDS|||||2,538,236|94,700|2,632,936|2,598,560|
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|INCOME FROM|DONATIONS,
GRANTS|AND LEGACIES||||
|---|---|---|---|---|---|
|||Charity|Charity|||
|||unrestricted|restricted|Total|Total|
|||funds|funds|funds|funds|
|||2023|2023
F|2023f|2022|
|Charity donations||18,614||18,614|109,414|
|Charity grants||44,555|184,167|228,722|209,539|
|Total donations,|grants and legacies|63,169|184,167|247,336|318,953|
|Total 2022||30,868|288,085|318,953||
##
||||Charity|||
|---|---|---|---|---|---|
||||unrestricted|Total|Total|
||||funds|funds|funds|
||||2023|2023|2022|
|||||F||
||Fundraising|income|647|647|27|
||Total 2022||27|27||
|4.|CHARITY INVESTMENT INCOME|||||
||||Charity|||
||||unrestricted|Total|Total|
||||funds|funds|funds|
||||2023|2023|2022|
||||E||E|
||Bank interest received||1„478|1,478|89|
||Total 2022||89|89||
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|INCOME FROM CHARITABLE AC|TIVITIES|||
|---|---|---|---|
||Charity|||
||unrestricted|Total|Total|
||funds|funds|funds|
||2023|2023|2022|
|||E|E|
|Publishing|6|6|20|
|Group visits|70,008|70,008|55,031|
|Farm|11,426|11,426|14,325|
||81,440|81,440|69,376|
|Total 2022|69,376|69,376||
##
|||Group||Total|Total|
|---|---|---|---|---|---|
|||Visitsf|Farm Costs|2023|2022f|
|Direct costs||72,212|30,118|102,330|45,925|
|Wages|and salaries|24,371||24,371|13,011|
|National|insurance|754||754|644|
|Pension|cost|1,895||1,895|237|
|||99,232|30,118|129,350|59,817|
|Total 2022||34,762|25,055|59,817||
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|SUPPORT|COSTS||||||
|---|---|---|---|---|---|---|
|||||Group|Total|Total|
|||||Visitsf|2023
E|2022
F|
|Repairs
&maintenance||||16,133|16,133|17,939|
|Motor expenses||||2,417|2,417|945|
|Legal and professional||||1 373|1 373|3,960|
|Audit and accountancy fees||||3,726|3,726|3,453|
|Cleaning||||5,076|5,076|4,244|
|Sundry expenses||||1,875|1,875|3,001|
|Printing,
postage and stationery||||134|134|749|
|Telephone|and internet|||2,157|2,157|1,264|
|Rates||||(4,045)|(4,045)|2,945|
|Insurance||||13,779|13,779|9,411|
|Light and heat||||18,599|18,599|10,420|
|Advertising|and marketing|||645|645|922|
|Travel and|subsistance|||637|637|625|
|Amortisation||||1,060|1,060|783|
|Wages and|salaries|||98,093|98,093|66,130|
|National
insurance||||5,846|5,846|1,876|
|Pension cost||||1,577|1,577|854|
|Depreciation||||1,221|1,221|1,064|
|||||170,303|170,303|130,585|
|Total 2022||||130,585|130,585||
|ANALYSIS|OF EXPENDITURE BYEXPENDITURE TYPE||||||
|||Staff costs|Depreciation|Other costs|Total|Total|
|||2023
E|2023
F|2023
E|2023f|2022|
|Expenditure|on raising||||||
|voluntary|income|||1,414|1,414|884|
|COSTS OF|RAISING||||||
|FUNDS||||1,414|1,414|884|
|Group visits||132,536|1,221|135,778|269,535|165,347|
|Farm||||30,118|30,118|25,055|
|CHARITABLE ACTIVITIES||132,536|1,221|165,896|299,653|190,402|
|||132,536|1,221|167,310|301,067|191,286|
|Total 2022||82,752|1,064|107,470|191,286||
##
|||||2023f|2022f|
|---|---|---|---|---|---|
|Depreciation|of|tangible|fixed assets:|||
|-owned||by the charity||1,221|1,064|
|Independent|examiner's||fees - all services|3,726|3,480|
##
|STAFF COSTS
Staff costs were as follows:|||
|---|---|---|
||2023f|2022f|
|Wages and salaries|122,464|79,141|
|Social security costs|6,600|2,520|
|Other pension costs|3,472|1,091|
||132,536|82,752|
##
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|INTANGIBLE FIXEDASSETS||
|---|---|
||Websitef|
|COST||
|At 1 April 2022 and 31 March 2023|3,030|
|AMORTISATION||
|At 1 April 2022 and 31 March 2023|3,030|
|CARRYING AMOUNT||
|At 31 March 2023||
|At 31 March 2022||
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|12.|TANGIBLE FIXEDA|SSE|TS|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Computer|&||
||||Freehold||Plant and|Fixtures and|office|||
||||property
f.||machinery
f.|fittings
f|equipment||Totalf|
||COST|||||||||
||At 1 April 2022||2,080,032||7,625|2,517|1,643||2,091,817|
||Additions|||135,990|||||135,990|
||At 31 March 2023||2,216,022||7,625|2,517|1,643||2,227,807|
||DEPRECIATION|||||||||
||At 1 April 2022||||4,990|1,721|196||6,907|
||Charge for the year||||658|199|364||1,221|
||At 31 March 2023||||5,648|1,920|560||8,128|
||NET BOOK VALUE|||||||||
||At 31 March 2023||2,216,022||1,977|597|1,083||2,219,679|
||At 31 March 2022||2,080,032||2,635|796|1,447||2,084,910|
|13.|STOCKS|||||||||
||||||||2023f||2022f|
||Finished goods and goods||for resale||||8,149||12,943|
|14.|DEBTORS|||||||||
||||||||2023
f.||2022f|
||Trade debtors||||||2,835|||
||VAT recoverable||||||6,520||27,300|
||Prepayments
and accrued||income||||24,964||100,467|
||||||||34,319||127,767|
|15.|CREDITORS: AMOUNTS||FALLING|DUE WITHIN ONE YEAR||||||
||||||||2023f||2022|
||Trade creditors||||||12,754||22,794|
||Other taxation
and social security||||||809||820|
||Other creditors||||||13||812|
||Accruals and deferred|income|||||6,225||4,731|
||||||||19,801||29,157|
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at|||Transfers|31 March|
|||1 April 2022
f|Income
f.|Expenditure
E|in/out|2023f|
|CHARITY DESIGNATED|FUNDS||||||
|Property improvements||245,395|||(31,338)|214,057|
|CHARITY GENERAL FUNDS|||||||
|Invested
in tixed assets||2,084,910||(1,221)|135,990|2,219,679|
|General Funds||76,829|151,276|(123,605)|-|104,500|
|||2,161,739|151,276|(124,826)|135,990|2,324,179|
|||2,407,134|151,276|(124,826)|104,652|2,538,236|
|CHARITY RESTRICTED|FUNDS||||||
|Building project donations|||85,000||(85,000)||
|Farm to the City Project|||45,000|(300)||44,700|
|Ernest Cook||50,000|50,000|(50,000)||50,000|
|Green Recovery Challenge
Fund||141,426||(123,941)|(17,485)||
|Other Restricted Income|||4,167|(2,000)|(2,167)||
|||191,426|184,167|(176,241)|(104,652)|94,700|
|TOTAL FUNDS||2,598,560|335,443|(301,067)||2,632,936|
|STATEMENT OF FUNDS|- PRIOR YEAR||||||
|||||||Balance at|
|||Balance at|||Transfers|31 March|
|||1 April 2021|Income|Expenditure|in/out|2022|
||||E|E||E|
|Property improvements||279,803|||(34,408)|245,395|
|CHARITY GENERAL FUNDS|||||||
|Invested
in fixed assets||1,930,370||(1,064)|155,604|2,084,910|
|General Funds||91,356|100,360|(112,331)|(2,556)|76,829|
|CHARITY RESTRICTED FUNDS|||||||
|Building project donations|||44,800||(44,800)||
|RDPE Grant||49,872|2,985||{52,857)||
|Ernest Cook||50,000|50,000|(50,000)||50,000|
|Green Recovery Challenge|Fund||190,300|(27,891)|(20,983)|141,426|
|||99,872|288,085|(77,891)|(118,640)|191,426|
|Total offunds||2,401,401|388,445|(191,286)||2,598,560|
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||||Charity|Charity||
|---|---|---|---|---|---|
||||unrestricted|restricted|Total|
||||funds|funds|funds|
||||2023|2023f|2023|
|Tangible|fixed|assets|2,219,679||2,219,679|
|Current|assets||338,358|94,700|433,058|
|Creditors|due|within one year|(19,801)||(19,801)|
||||2,538,236|94,700|2,632,936|
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|ANALY|SIS O|F NET ASSETS BETWEEN FUNDS|- PRIOR YEAR|||
|---|---|---|---|---|---|
||||Charity|Charity|Total|
||||unrestricted|restricted|funds|
||||funds|funds||
||||2022|2022|2022|
|||||F||
|Tangible|fixed|assets|2,084,910||2,084,910|
|Current|assets||351,381|191,426|542,807|
|Creditors|due|within one year|(29,157)||(29,157)|
||||2,407,134|191,426|2,598,560|
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