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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Chairman's
Report||||
|Report ofthe Trustees|3|to|8|
|Independent
Examiner's
Report||||
|Statement
of Financial Activities||10||
|Statement
of Financial Position|11|to|12|
|Statement
of Cash Flows||13||
|Notes to the Statement of Cash Flows||14||
|Notes to the Financial Statements|15 to||24|
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||F|OR THE|YEAR ENDED 31 DECE|MBER 2022||
|---|---|---|---|---|---|
|||||31.12.22|31.12.21|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|8|F|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies||||117,594|190,750|
|Charitable
activities
Operation
of garden
Friends||||331,411
29,509|299,517
29,811|
|Investment
income||||1,002||
|Other income||||1,000||
|Total||||480,516|520,083|
|EXPENDITURE ON||||||
|Raising funds||||1,844|2,266|
|Charitable
activities||||||
|Operation
ofgarden
Friends||||421,770
1,302|334,215
220|
|Total||||424,916|336,701|
|NET INCOME||||55,600|183,382|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||342,478|159,096|
|TOTAL FUNDS CARRIED FORWARD||||398,078|342,478|
##
|||31 DECEMBER 2022|||
|---|---|---|---|---|
||||31.12.22|31.12.21|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|6|6|
|FIXEDASSETS
Tangible assets
Investments||16
17|104,390
30,000|110,352
30,000|
||||134,390|140,352|
|CURRENT ASSETS|||||
|Assets under construction
Debtors
Cash at bank and
in hand||18
19|183,534
95,511
147,580|107,369
203,930|
||||426,625|311,299|
|CREDITORS|||||
|Amounts
falling due within one year||20|(111,270)|(37,506)|
|NET CURRENT ASSETS|||315,355|273,793|
|TOTAL ASSETS
LIABILITIES|LESS CURRENT||449,745|414,145|
|CRED ITORS
Amounts
falling due after more than one year 21|||(51,667)|(71,667)|
|NET ASSETS|||398,078|342,478|
|FUNDS
Unrestricted
funds||23|398,078|342,478|
|TOTAL FUNDS|||398,078|342,478|
##
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|||Notes|31.12.22
f|31.12.21
F|
|---|---|---|---|---|
|Cash flows from operating
activities
Cash generated
from operations
Interest paid||1|(33,280)
(3,128)|89,860
(1,641)|
|Net cash (used in)/provided|by operating|activities|(36,408)|88,219|
|Cash flows from investing
activities
Purchase of tangible
fixed assets
Interest received|||(944)
1,002|(11,490)
5|
|Net cash provided
by/(used|in) investing|activities|58|(11,485)|
|Cash flows from financing
Loan repayments
in year|activities||(20,000)|(8,333)|
|Net cash used
in financing
activities|||(20,000)|(8,333)|
|Change
in cash and cash
in the reporting
period|equivalents||(56,350)|68,401|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period||203,930|135,529|
|Cash and cash equivalents
ofthe reporting
period|at the end||147,580|203,930|
##
||||NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022|
|---|---|---|---|---|---|---|---|---|---|
||RECONCILIATION||OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|||||||
|||||||||31.12.22|31.12.21|
|||||||||F|E|
||Net Income for the||reporting|||period (as per the Statement|of|||
||Financial Activities)|||||||55,600|183,382|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||6,906|9,257|
||Interest received|||||||(1,002)|(5)|
||Interest
paid|||||||3,128|1,641|
||Increase
in assets|under construction||||||(183,534)||
||Decrease/(increase)||in|debtors||||11,858|(57,059)|
||Increase/(decrease)||in|creditors||||73,764|(47,356)|
||Net cash (used in)/provided|||||by operations||(33,280)|89,860|
|2.|ANALYSIS OF CHANGES||||IN|NET FUNDS||||
||||||||At 1.1.22|Cash flow|At 31.12.22|
||||||||6|||
||Net cash|||||||||
||Cash at bank and|in|hand||||203,930|(56,350)|147,580|
||||||||203,930|(56,350)|147,580|
||Debt|||||||||
||Debts falling due within|||1 year|||(20,000)||(20,000)|
||Debts falling due after|||1 year|||(71,667)|20,000|(51,667)|
||||||||(91,667)|20,000|(71,667)|
||Total||||||112,263|(36,350)|75,913|
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||Grants received,
incl|uded|in the above,|are as follows:|||
|---|---|---|---|---|---|---|
||||||31.12.22|31.12.21
f|
||Coronavirus
Job Retention
Stroud DC Covid Grants||Scheme||1,778|29,872
16,892|
||||||1,778|46,764|
|5.|INVESTMENT INCOME||||31.12.22|31.12.21|
||||||F|5|
||Deposit account interest||||1,002|5|
||INCOME FROM CHARITABLE ACTIVITIES||||31.12.22|31.12.21|
||Admissions
Events||Activity
Operation
Operation|of garden
of garden|F
314,920
4,723|5
284,289
9,060|
||Gardener's
Talks and
Trails
Grants
Admissions||Operation
Operation
Friends|of garden
of garden|11,768
29,509|3,168
3,000
29,811|
||||||360,920|329,328|
|7.|OTHER INCOME||||31.12.22|31.12.21|
||||||6|6|
||Rental income||||1,000||
|8.|RAISING FUNDS||||||
||Raising donations|and|legacies||31.12.22|31.12.21|
||||||5|6|
||Fundraising
costs||||1,844|2,266|
##
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|||||Direct|Support||
|---|---|---|---|---|---|---|
|||||Costs (see|costs (see||
|||||note 10)|note 11)|Totals|
||||||6|6|
||Operation
of garden
Friends|||239,512
1,302|182,258|421,770
1,302|
|||||240,814|182,258|423,072|
|10.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||31.12.22|31.12.21|
||||||E|6|
||Staff costs||||112,099|108,157|
||Other direct costs||||125,292|72,091|
||Other staff costs||||3,423|833|
||||||240,814|181,081|
|11.|SUPPORT COSTS||||||
||||||Governance||
|||||Other 2|costs|Totals|
|||||f|6|E|
||Operation
of|garden||170,123|12,135|182,258|
||Support costs, included||in the above, are as follows:||31.12.22|31.12.21|
||||||Operation|Total|
||||||of garden|activities|
||||||6|6|
||Wages
Other support costs
Depreciation
of tangible
tixed assets
Interest payable
and similar charges
Accountancy
and legal fees||||143,315
16,775
6,905
3,128
12,135|127,082
14,211
9,257
1,641
1,163|
||||||182,258|153,354|
|12.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)||is stated after charging/(crediting):||||
||||||31.12.22|31.12.21|
||||||E||
||Depreciation
Independent
Independent
Loan interest|- owned assets
Examiner's fees: Independent
Examiner's
fees: Preparation||Examination
of Financial Statements|6,906
1,075
325
3,118|9,257
1,000
150
1,641|
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|||31.12.22|31.12.21|
|---|---|---|---|
|||F|6|
|Wages
Social
Other|and salaries
security costs
pension costs|227,442
12,404
15,568|211,078
9,965
14,196|
|||255,414|235,239|
##
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|The average
monthly
number
of|em|ployees
during
the year|was as follows:|||
|---|---|---|---|---|---|
|||||31.12.22|31.12.21|
|Headcount||||16|16|
|No employees
received emoluments||in excess of660,000.||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
|All transactions
were unrestricted|in|the prior year.||||
|TANGIBLE FIXEDASSETS||||||
||||Furniture|||
|||Freehold|and|Computer||
|||property
f|Equipment
8|equipment
6|Totals
6|
|COST||||||
|At 1 January 2022||80,750|70,553|6,917|158,220|
|Additions|||944||944|
|Disposals|||(825)||(825)|
|At 31 December 2022||80,750|70,672|6,917|158,339|
|DEPRECIATION||||||
|At 1 January 2022
Charge for year||2,420
1,210|40,678
4,506|4,770
1,190|47,868
6,906|
|Eliminated
on disposal|||(825)|-|(825)|
|At 31 December 2022||3,630|44,359|5,960|53,949|
|NET BOOK VALUE||||||
|At 31 December 2022||77,120|26,313|957|104,390|
|At 31 December 2021||78,330|29,875|2,147|110,352|
##
##
|FIXEDASSETINVESTMENTS||
|---|---|
||Shares
in|
||group|
||undertakings|
||8|
|MARKET VALUE||
|At 1 January 2022 and
31 December 2022|30,000|
|NET BOOK VALUE
At 31 December 2022|30,000|
|At 31 December 2021|30,000|
||Nature of business:
Operation
ofcafe and|wedding
venue.|||
|---|---|---|---|---|
|||'/o|||
||Class ofshare|holding|||
||Ordinary|100|31.12.22|31.12.21|
||Aggregate
capital and reserves
Loss for the year||13,760
(58)|13,818
(5,822)|
|18.|ASSETS UNDER CONSTRUCTION||31.12.22|31.12.21|
||||E|F|
||Visitor Centre||183,534||
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||||||||
|---|---|---|---|---|---|---|
|19.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||31.12.22|31.12.21|
||||||6||
||Trade debtors||||620|583|
||Amounts
owed by group
VAT|undertakings|||6,586
13,016|9,330|
||Prepayments
and accrued||income||75,289|97,456|
||||||95,511|107,369|
|20.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||31.12.22|31.12.21|
||||||8|8|
||Bank loans and overdrafts||(see note 22)||20,000|20,000|
||Trade creditors||||22,103|10,724|
||Social security and other
VAT|taxes|||6,542|3,553
110|
||Other creditors||||1,400|1,969|
||Accruals
and deferred
income||||61,225|1,150|
||||||111,270|37,506|
|21.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR||||
||||||31.12.22
8|31.12.21
f|
||Bank loans (see note 22)||||51,667|71,667|
|22.|LOANS||||||
||An analysis
of the maturity||of|loans is given below:|||
||||||31.12.22|31.12.21|
|||||||8|
||Amounts
falling due within||one year on demand:||||
||Bank loans||||20,000|20,000|
||Amounts
falling between||one|and two years:|||
||Bank loans||||20,000|20,000|
||Amounts
falling due between
Bank loans|||two and five years:|31,667|51,667|
##
##
|MOVEM|ENT|IN FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.1.22|in funds|31.12.22|
|||||||||6|6|6|
|Unrestricted||funds|||||||||
|General|fund|||||||342,478|55,600|398,078|
|TOTAL|FUNDS|||||||342,478|55,600|398,078|
|Net movement||in funds,|included|||in the above||are as follows:|||
|||||||||Incoming|Resources|Movement|
|||||||||resources
f|expended
f|in funds
6|
|Unrestricted||funds|||||||||
|General|fund|||||||480,516|(424,916)|55,600|
|TOTAL|FUNDS|||||||480,516|(424,916)|55,600|
|Comparatives||for movement|||in|funds|||||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.1.21|in funds|31.12.21|
|||||||||F|8|6|
|Unrestricted||funds|||||||||
|General|fund|||||||159,096|183,382|342,478|
|TOTAL|FUNDS|||||||159,096|183,382|342,478|
|Comparative||net movement||in|funds,||included|in the above are as follows:|||
|||||||||Incoming|Resources|Movement|
|||||||||resources
f|expended
6|in funds
f|
|Unrestricted||funds|||||||||
|General|fund|||||||520,083|(336,701)|183,382|
|TOTAL|FUNDS|||||||520,083|(336,701)|183,382|
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