REGISTERED COMPANY MJMBEIL. 02141420 (England and Wales)
REGISTERED CIIARITY1¥4UMBER: 1111482
FINANCIAL STATEMEY4TS
FOR THE PEiUOD
I JANUARY 2024 TO 31 MARCH 2025
FOR
HEELEY CITY FARM IJMITED
Xeinadin
Sidings House
Sidings Court
Lakeside
DOn￿steT
South Yorkshire
DN4 5NU

HEELEY CITY FARM LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PEIUOD I JANUARY 2024 TO 31 MARCH 2025
Page
Reference And AdmlDistrative Det*ils
Report of the Trnstees
2 10 10
Report ofthe Independent Audltors
11 to 14
Statement of Financi*l A¢tlvltles
15
Balanee Sheet
16
Cash Flow Statement
17
Notes to the Cash Flow St4tement
18
Notes to the Flnan¢l#l Staten￿nts
19 to 28

HEELEY CITY FARM LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
TRUSTEES
A V Hicks Trustee
B T George Tn￿te¢ (resigned 10.3.25)
C A Spray Tn￿tee
D J C Clarson T￿￿te¢ (Tesigned 6.3.25)
F Rockett-Hill Trustee (appointed 22.4.24)
H C Reed T￿￿tee (appointed 22.4.24)
H J Marmion Trustee {resigned 6.3.25)
J E F Frost Trustee (appointed 22.4.24)
K A Jennings Tru5tse (resigned 31.3.24)
R Mffljer T￿Slee (resigned 6.3.25)
T A Luff Tnjstee (appoillted 22.4.24)
T J Woollis¢roft Trustee
K S Hogben (appointed 19.11.25)
S E Jordan {appointed 19.11.25}
E A Baldwin (appointed 19.11.25)
K E StepaDiaD (appointed l9.11.25)
REGISTERED OFFICE
46 Richards Road
Sheffield
S2 3DT
REGISTERED COMPANY
IYUMBER
02141420 (England and Wales)
REGISTERED CHARITY
NUMBER
1111482
AUDITORS
Xeinadin
Sidings House
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU
Page I

HEELEY CITY FARM LIMITED (REGISTERED IWMBER: 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
The trustres who are also directors of the clwity for the purposes of the Compatiies Acl 20061 present their Teport with
the financial statements of the charity for the pcriod l January 2024 to 31 March 2025. The trustees have adopted the
provisions of A¢Gounting and Reporting by Charitie5: Statement of Recommended Practice applicable to chaTities
preparing their accounts in ￿COrdance the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective l January 2019).
Foreiyard from the Chalr
Heeley City Farn] 2024: Stability and strategic expansion
2024 has seen the Farni move into a phase of positive change following a couple of years of fluctualion. The Trustees
began the year by accepting a proposal by the three Senior Leadership TeanL to appoint thcm as co-CEOs. on tbe back
of their interim management during the previous l O months. The Board overwhelmingly voted to Pllot this model which
concludes in Fcbruary 2026 where a decision will bc made by the Board whether to adopt this model fornially. With ihe
dedication, experience and understanding of the Farni'5 ethos, strdtegy and goals, this pilot was warndy receivcd by slaff,
funders and the community, providing stability and g¢nerating support from thos¢ upon which w¢ n)ost r¢ly.
As Trustees, receiving reports from our CO-CEOS on the increase in funding award5 and increase in our service
provision to Some of society's most vu]ncrdblc Childr￿ young people and adults is undoubtedly the most plcasant part
of our roles. Being in a position to deliver much needed school holiday provision, including meals for cbildren being a
particularly rewarding higblight of 2024.
The funding received through the services we provide and th¢ awards mad¢ for impTovements means that every area of
tbe farni benefitted. Our dementia provision received a facelift and continues to provide placements for medical sthdents
whilst offering a safe and stimulating space for those living with dementia and their familiesnoved ones. Our parti￿p
building with national and local organisations around this work continues lo grow and dcv¢lop.
Works to including accessible spaces for wheelchair users took shap¢, with an area created raised, portable planting
beds meaning more people can pani¢ipate ill wwing.
Our education PTOV15ion for children and young people from Primary to Secondary is increasingly in demand, along with
our adult provision and our employability areas, which saw the introduction of construction skills this yeaT.
tn fact, there are so many positive stories from 2024, for ￿th1¢h I will allow the report to speak for itself.
Heeley City FaTm delivers meaningful 50cial impact tlwough a hugely diverse range of services and offers. As with most
other CP￿ritieS, we work very hard lo seek out funding, in a landscapc wbich is incTea8ingly ¢hallenging.
100.000 people beu¢fitt¢d from the small but mighty H¢eley City Farni in 2024, eithcr a5 a placc to learn. connect and
b￿0w or as part of their leisuTe days out, as a free visitor centre. As Tn￿tee4 we work to support the FaTm's staff, its
service users and visitors to ensure its future for many years to come.
Queries relating to matters going back several years were pick¢d up ITh our recent audit. Tn￿teeS took action lo apply full
diligcncc to thc qucrics raiscd in rcqucsting a fi]11 VAT audit, Tequlting in late reporting to the Charities Commission. We
thaTJk our funders and supporters for their undeTStanding in our endeavour to address these bistorical qu￿leS and thank
accountants for their diligent work.
Annie Tbirlwell-Hicks - Chair of the Board of Trustees
OBJECTIVES AND ACTIvrrIES
Objectlves and alms
Undcr the Memordndum and Articles of A550ciation, Heeley City Farni's objectives are to:
l. Promote tbe benefit of the inbabitants of Heeley and the sum)uDding neighbouthoods.
2. Advance edUCation￿SpeciallY among young peopltr-in agryiculture, horticulture, home crdfts, nral life, and
citizenship, fost￿]ng self-disGipline and peTsonal developrnent.
3. Provide education and traiTJing opportunities for people facing disadvantage through age, disability, poverty, OT social
and economic barrlers, preparing them for employment and community participation.
Page 2

HEELEY CITY FARM LIMrrED OiEGISTERED I¥UMBER: 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 21125
OBJEcfIvES AND ACTivrrIES
Site Operations gnd Developments
2024 was an exceptionally productive year for our stte with more than 200 volunteers contnlyuting to
improvements that enhanced accessiTr>ility, sustainability, and the visitor experience.
Kcy achievements included:
- Installation of energy-cfficient boilers and LED lightin& reducing caTbon footprint and nlnning costs.
- Completion of the Veolia Project, creating a landscaped anwhitheatre with accessible paths and aquaponics system.
- Launch of Valerie Garden Improvements, a dementia-friendly picnic are& supported by Awdrds for All and the Local
Area Committe¢.
- Refurbishment of a shipping container into a flexible indoor space foT community groups.
- Construetion of new pou]ty housing. in)proving animal welfare and aesthetics.
PaTtner8hips with Sheffield City CouD¢iI, local TARAS, comnJunity groups and Schools ensured developments met
cornm￿]ty needs.
A strdtcgic whole-sitc approach connected spaces, improved visitor flow, and strengthened the fann'5 role as a
¢oJnmunity destinatio
Priorities for Site Operations 2025 in¢lude:
- Expand ¢nterprise across the site
- Grow Site leam and training oppothnities
- Continue to develop site in line with trustee agreed plan
- Continue to work with local con)munity partners lo improv¢ HCF'S offer
Adult Supported Programme (ASP)
The ASP continued to flourish, offering 43 activity sessions each weeK supporting 61 adults with learning disabilities
and additional needs.
Highlights included:
- Expansion of green woodworking and bu5hcTaft sessions in our outdoor roundhou8¢ ar
- Expansion of our teanL welcoming new staff Members in order to strengthen our offtr.
- Growth of the Saturday sessions for younger adults, focusing on independcnce and enjoyrnent.
Six occupalional therapy student pJa¢¢ments. CODtributing creative new activities such as boxercise, custom board
games, and accessibl¢ bingo.
- Production of short educational films addressing fake news, safe friendships, and online safety. (Produce￿ directed
and acted in by our groups).
- A mcrnorable group visit to the Gr¢at Yorkshire Show. celebrdting participants. skills achievements.
The prO￿e continues to denM)nstrate the therapeutic and educational value of meaningm activity and inclwio
L4)oking Abead
Priorities for ASP 2025 include:
- Build more disabled gardening raised beds at Me¢rsbrook park
- Employ a gardening support worker to delivery an extra day gardening at Meersbrook Park
- Develop a PTogramme of small trips for Service users throughout the year
- Develop and test new activities for s¢ssions
Education, IEYdrning and Skills (ELS)
Page 3

HEELEY CITY FARM LIMITED (REGISTERED NUMBER; 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JAIYUARY 2024 TO 31 MARCH 2025
oBJE￿IVEs AND ACTIVITIES
Thc Education, LeaTnillg and Skills departmeth continued to grow as a comprehensive learning and wellbeing hub.
Secondary Alternatlve Provision supportcd more than 40 students from 25 schools, introducing constNction and site
￿￿intenanCe sessions to build confidence and employdbility skills.
Prim8ry Provision supported 13 pupils from 7 schools through bespoke small-group sessions ernphasising emotional
regulatio￿ teamwort and forest-based Icarning.
Adult Tr2illinE expanded through the FACES programnK, offering practical short courses in green crafts. woodworL
and constTUrtion. City & Guilds accreditation is being explored to strengthen progression routes.
School ViBits and Holiday Programmes welcomed oveT 400 children for workshops and over 250 participants for
Natur¢ Camps and SEND holiday clubs. SLWPOrted by Healthy Holidays and National IA)ttery Reaching Con]murrities.
Youth Volunteerlng continued to support I ftr24-yeaT-ok15 through practical conservation projects working alotyide
dedicated thtors.
Eu4)loyability Hub Offering en]ployability skills & mentoring to young people aged 16-24 in partnership with the DWP.
Lookitig Ahead
Priorities for ELS 2025 include..
- Move to City and Guilds accreditation for young people and adults.
- Expanded prO￿Ssion routes for post-16 learners.
- Stronger pa￿erShipS with schoo18 and colleges.
- Continued cnhancement of outdoor learning spaces.
Community Health & Demenda
B¢twe¢n Decetnber 2023 and December 2024, our dementia programme deliver¢d 241 sessions, engaging 1,464
participants.
Our activities ranged from Fann Afternoons and Farming Comes to You care-holl￿ visits to carer support groups,
Young Onset Dementia sessions. and Men)ory Cafés acro&8 Sheffield.
Partnerships flourished with Age UK Manor & Castle Development TnL8t, and South Yorkshire Police, the latter
leading to the first national police carers support group.
Wc also hosted 34 medical student placements from th¢ University of Sheffield, ￿VIllg future Professionals firsthw
experience of con]murrity-ba5ed dementia care.
Our focus for 2025 is to broaden access to dcmentia-frieDdly activities, develop a citywide Young Onset Dcmcntia
Strategy, and str¢ngthcn multi-agency collaboration to ensure compassionate, sustainable support.
Sheffield Safe Plates
Our leadership in the Safc Places initiative continued to ensure that Sheffi¢ld r¢mains & supportive, inclwive city for
vuln¢rablc r¢sidents.
2024 achicveuMts'.
88 school and college group visits
3 new Safe Places registeied
- 16 infornwtion stalls and 38 community workshops delivered
- 91 parent carers ¢ngaged
Page 4

HEELEY crry FARM LIMITED (RECISTERED NUMBER: 1121414211)
REPORT OF THE TRUSTEES
FOR THE PEIUOD I JANUARY 2024 TO 31 MARCH 2025
OBJECTIVES AND ACTIVITIES
- 789 Sbeffi¢ld Hallam University students reached through awareness lectures
- 55 n*nLber volunt¢¢rs (many autistic or learnin8 disabled) ¢￿prOduCed training
Worknng alongside Sbeffield City Council and SoTOPtimi8t International UK the fami helped launch new awareness
materials for services supporting people fleeing domestic violence.
The initiative T¢ceiv¢d high-profile backing from MP Ilbtisam Mohamed and Mayor Oliver Coppard.
The Farm Kltchen
The Farni Kitchen café continues to be a cornerstone of community lifr.
In 2024, the caft expanded its rnen￿adding locally sourced meat dishes alongside its renowned vegetarian and vegan
optionAo meet diverse customer preferences.
Adults with support needs gained hospitslity training placements throughout the year. The small team of catering staff
strive to create a welcoming and inclusive atmosphere to our diverse ¢￿tOrner base.
The café also:
- B¢gan ronsultstion & desi￿ work for an impToved outdoor svating area connecting to the playwund.
- Worked existing and new supplieTS to ensure competitive purchasing and better manage its stockholding.
- ca￿led out comprehensive competitor analysis regarding offering and pricing.
The café remains a welcoming venue for ¢oJnmunity 8roup8, including a btea8tfeeding support netWOTk for lo¢al
motheTS.
The Firm Site and Animals
Our fann site spans gardens, green spaces, and specialist facilities for dementia and heritage worK including an Jron Age
roundhouse and forge.
Animal highlights of 2024:
- We rematn otte of 23 RBST registered rare breed farm parks in the UK
- We have had Soay and Whitefaced woodland lambs and Golden Gllen￿y, Bagot and Pygmy goats born at the farni in
2024
- 2024 has seen the re-introduction of a small herd of Anglo Nubian Goats
- Our young people and adults with support needs, have visiied thc Great Yorkshire Show and Penistone Show, shomqng
off our Tarc brecd Golden Guernsey Goats and Tamworth pigs
- Our farni and pet animals continu¢ to provide therapy and meaningful roles in animal care for our adults with support
neeiLs and young people on education and volunteering Programmes.
Events
Thanks in part to Reaching Communities lottery funding, our commurrity events ￿ch as the Summer Music Festival,
Goat Sknmp, and Autumn Festival celebrated creativity and conmiunity SPiTRt. whilc seasonal workshops like goat yoga
and wreath-nmking drew hundreds of visitors.
The Garden Centre & Growing
Open from March to October, the Garden Centre sells a wide range of p¢rennial and v¢getable plants, working ¢losely
with local wwers and Food Works to promote sustsinable food systems in our peat free garden centre.
Dedicated volunteers support its operation, and it remains a much-lov¢d feature of the funn, encouraging local food
growing and environmental awareness.
Page 5

HEELEY CITY FARM LIMITED IREGISTERED IYUMBER: 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
ORIECTIVES AND ACTIVITIES
Public benefit
In setting objcctives and planning for activities. the Tn￿teeS have given duc coTJsidcTation to gcneral guidance published
by the Charity Conm]ission relating to public benefit, including the guidance Fublic benefit.. running a charity (PB2)'.
Mtssion Stat¢m¢nt
He¢l¢y City Fam identifies, confronts, and addresses th¢ probl¢nts of poverty. inequality, pr¢judice. and lack of
opportunity in our inner4ity community.
We do this by supporting and promoting commuwty rcgeneration and self-help through the inclusive environmetst of a
working city farn4 commurrity garden4 and related educational and wellbeing resources.
About Heeley City Farm
Hceley City FaTm is a Commurrity-led cbarity and green urban fmll situated in the heart of Heeley. Shcffi¢ld, just twenty
mitiutes, walk from the city centre. Established almost filty years ago. it has grown into a vibrant comnjurrity resource
providing opportunilies in cducation. tsaining, wellbeing, environmental awareness, and social inclusion.
Tbrough our working farm, gardens, café, training spaces, and education programmes, we bring together peopl¢ of all
ages and backgrounds to learn, connect. and grow. Our focus is on reducing poverty and inequality, supportitig people's
wellbeing, and prorooting community regeneration ihrough meaningfill, nature-based exF)eriences.
Page 6

HEELEY CITY FARM LIMrrED (REGISTERED NUMBER: 02141420)
REPORT OF THE TRUSTEES
FOR TBE PERIOD I JANUARY 2024 TO 31 MARCH 2025
STRATEGIC REPORT
Achievements and perfomance
Strategic ThenKs gnd Community Impact
Conununity- AddressiDg Di52dvantage and Poverty
Our community work remains central to Heeley City Frn's mission. In 2024 we:
- Facilitated and SUPPOTted local community development proje¢ts.
- Addressed food insecurity through low-cost prijduce & farn)-grown vcgetsbles.
- Promoted susta]￿ble energy usc by installing efficicnt boilers and LED lighting.
- Hosted a series of free community events. strengthening so¢ia] connections.
- Maintained an open and welcoming site, including a café, safe playground, and public toilds.
- Continucd to bring together residents from diverse backgrounds thTougb volunteeTing and cclebration.
The Farni Kitchen cafr renuined a focal point for connection, offering affordable. locally sourced meals and creating a
warn) space for everyone in our community.
Cwre- Supporting People with Learning DlsAbilitie5 aDd Dementla
Our care programmes wntinued to improve quality of life and inclllsion for participanls with learning disabililies and
dementia.
- 61 adults witb learning disabilities attended w¢ekiy sessions, gupported by a team of skilled staff and volwiteers.
- Activities Tangcd from gardening and aDirnal care to ci)ok¢ry. crafts, sport, and music.
- New green woodworking and bushcraft ￿SsIOnS encouraged ¢￿atiVity and outdoor skills.
- Occupational therapy sludent pla¢ements added vibrancy and innovation-introducing sin8Ang sessions, LEGO club5,
and educational films on online safety and social topics.
- Our demcnlia services expanded citywide, offering n)emory cafes, carer support groups, and "Fanning Comes to You"
animal-8ssisted visits to Gare homes.
PartiCip￿ts reported increased confidence, joy, and social connection through these programm¢s.
EducYdtion- i*arniti& Skllls, and Personal Development
Heeley City Farni is an eslablisbed centre for lifelong l¢arnin& providitig opportlmities from early years to adulthood.
- Alternativ¢ provision supported over 50 yow)g people fron) 30 schools.
- Primary programll￿s focused on enKJtional developmcnt through forest school and allin￿l care.
- Adult training expanded to includ¢ short practical courses in construction. woodwoTK and ￿¢¢Th crafts.
- School visits welcomed over 400 children for hands-on wotkshops on composting. seed plantin& and sustainability.
Youth volunteeTing and employability projccts engaged l@24-year-olds in conscrvation and animal care.
partnership with DWP and Opportunity Sheffield.
- Volunteering Iwortunities- op¢n to all
Our education appToach blends practical learning with wellbeing. creativity, and environmental awareness.
Wellbeing- Health, Natllr4 Ydnd Connection
The fam environment provides daily Opport￿ltieS for physical activity. mental Testoratio￿ and connection with natUT¢.
- Visitors bencfit from fresh air, friendly animals. and open green spaG¢.
- Wc delivered social and green prescribing sessions a¢r05s Shcffield.
- PrOgraMn￿ addressing loneliness and isolation included heritage walks, men'5 groups, and wellbeing activities.
- The natural enviToiim¢nt continues lo be a vital asset in improving community health.
Page 7

HEELEY CITY FARM LIMrrED (REGISTERED NUMBER.. 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
STRATEGIC REPORT
AchIevell￿ntS and perform2nce
Mission Statement
Heeley City Fann identifies. confronts, and address¢s th¢ problwns of poverty, inequality, prejudice, and lack of
opportunity in our inner.city cornmuDity.
We do this by supporting and promoting community regeneration and self-help through the inclusive environment of a
worktng city farn4 community gardens, and relaied educational and wcllbcing resources.
He8dline5 and Higb]ight5 2024
- Winner of Exposed Magazinc's Bcst Outdoor VisitOT Attraction 2024
- Over 100,000 free visitors welcomed to the site
- Success in a variety of funding bids
- Su¢¢essful Autumn F¢5tival and Heeley Festival attracting large numbers.
- Continuous registration with the Rare Breeds Survival Trust
- Site open every day except Christmas Day
- Re¢rnitm¢nt of new d¢partnMital staff including Finance and HK Managers
- Strengthened partnerships and improved infrastructure
Financi21 revlew
Prlnefipal funding sources
The principal Tegular fiu)ding sources of the Farnj are Contract income, (both restricted and unrestricted),
donations al￿ earned income from trading & sales of pro(luce.
Our main ongoing contracts include tbe provision of con)murrity health services, adult corAmillllty learning, L¢arning
Disability day provisio￿ dementia support and young p¢ople's education and learning, including our alternative
provisio
Reserves policy
The trnstees aim to establisb sufficient cash r¢seryes to allow the Farn] to continue trading should a major source of
runding bc lost or rcduccd suddenly. To allow replacement funding to be obtained, it is estimated that 3 months of
cssential expenditure will need to be financed. The minimum level of genernl reserves is therefore targctcd to be
£250,000.
At the balance s1￿ct date the Charity held UnTeslTiCted fimds totalling £124,629 and total funds £592,899.
Asset management
We hold a lease for the n￿1n farm site with Sheffield City Council which expires on 10th August 2050, providing a level
of 8ecuTity and stability. Thc long lease also goes some way towards protecting our investments and buildings which the
harity ow)s and manages.
We have a duty to protect the community assets which the fam holds, on behalf of the n)any local people & vulnerable
groups who use these fxilities daily end neod them to be available for fvture generations.
The charity owns outright the freehold and buildin8 (the Energy Centre) at 25 Alexandra Road.
A wholesale review of our main site has d¢liveT¢d a long term vision and Maste￿lan for development. Maintenance and
repairs hav¢ significantly impTovcd the public areas and fimdraising has been started to pay for more significant capital
improventrnts.
Page 8

HEELEY CITY FARM LIMITED (REGISTERED NUMBER: 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
STRATEGIC REPORT
Future plgDS
2024 was a year of SI￿lficant achievement and rffliew¢d community strength.
Across education, car¢, eniryronment, and enterprise, Heeley City Fann continued to demonstr&t¢ the power of local
action and inclusive leaTDing.
Prioriti￿ for 2025 include:
- Strengthening financial sustainabllity and social enterprise activities.
- Deepening partneTship5 with education, health, and community sectors.
- Expanding (km¢ntia-friendly and wellbein8 initiatives.
- Continuing to eDsure the fann remains an open, welcoming, and inspiring place ftir all.
- Continue to improve our site to ensure accessibility for all participants.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing doeument
Th¢ charity is ¢ontrolled by its governtng document, a deed of trust, and constitutcs a lin)ited con)pany> limited by
guarantee, as dcfmed by the Companies Act 2006.
Heel¢y City Fami Limited is a Gharitable company limiled by 8wrantee, incorporated on 19th June 1987, and is
governed by its Memorandum and Articles of Association, as an￿lded by written resolution dated 15th September
2005.
It was regist¢red as a charity NTrith the Charity Commission on 28th September 2005.
In the event of the cbarity being wound up members are required to contribute an amount not exceeding £1 each.
RecrultmeDt 2nd appolntmeDt of neiv trustees
All directors of the company are also trustees of the charity. There are no otber trustees.
One third of the tN$tees retire at the Annual General Meeting but are eligible for reappointment.
The trnstees may appoint a person as a trustee to fill a vacancy or to act as an additional tru5t¢e provided that the
appointment does not caus¢ the number of t￿SteeS to ¢xceed IS.
Organi58tional structure
The clmrity is organised so that its Board of Directors meet monthly to manage its affairs. The SenioT Leadership Team
(SLT) who manage the charity day to day are made up of joint CEOS and Finance executive5.
STATEMENT OF TRUSTEESI RESPONSIBILITIES
The trustees (who are also the directors of Heelcy City Farni Limite41 for the purposes of company law) are responsible
for preparing th¢ Report of ihe Trust¢es and the financial statem¢nts in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accq)ted Accounting Practice).
Page 9

HEELEY crry FARM LIMrrED (REGISTERED IYUMBEIL. 02141420)
REPORT OF THE TRUSTEES
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
STATEMENT OF TRUSTEES, RESPONSIBILITILS- continued
ConTrpany law requires the truste¢s to prepare financial statements foi each financial year. Under that law, the trustees
have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounling
Practice (United Kingdom A￿oUnting Standards and applicable law).
Under company law the trustees must not approve the financial statem¢nt5 unless they are satisfied that they give a true
and fair vicw of the state of affairs of the charitsble company and of the incoming resources and application of
resowce5, including the income and expenditure, of th¢ ¢harit&ble company for that period. Jn preparing those financial
Statell￿llts, the trustees are required to
sele¢l suitsble accounting policies aDd then apply thetn consistently"
observe the rnethods and principles in the Clwities SORP.
make judgements and estimates tbat are reasonable and p￿dent.
state whether applicable a￿OUntIng standards have been followed, subject to any material departures disclosed and
explained in the finan¢ial ststemenls.
prepare the financial ststements on the going conc¢rn basis Unless it is inappropriate to presume that the charitsble
conjpany will continue in business.
The trusfres are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tin
the financial position of the clwitable company and to enable tbem to ensure that the financial statements comply with
the Companies Act 2006. They are also responsiblc for safcguardmg the assets of thc charitable cornpany and hence for
taking reasonable steps for the PTcvcntion and detection of fraud and other irregulaTities.
In so far as the trustees are aware:
there is no relevant audit inforn)ation of which the charl￿bIC company's audilots arc ullawaTe" and
the t￿￿ttts have taken all steps that they ought to have taken to nmke themselves aware of any relevant audit
infoTmatioll and io establish that tbe auditors are aware of that infornv4tion.
AUDITORS
The auditors, Xeinadin, will be proposed for re-appoinlment at the forthcoming Annual General Meeting.
Report of the trustees incotporating
directors, on .............
8trat¢gi¢ report, approved by order of the board of trustees, as the company
. and Si￿ed on the board's behalf by:
A V Hicks - Trust¢¢
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HEELEY CITY FARM LJMITED
Opinion
We have audited the financial statements of Heelcy City Farn) Limited (the 'charitsble companY) for the period ended
31 March 2025 whith compTi5e the Statement of Financial Activities, the Balance Sheet, the Cash Flow Siatement and
notes to the fmancial statements, including a SUMM￿ of significant accounting policies. The financial r¢porting
framework that has been applied in their prepardtion is applicable law and United Kingdom Accounting Standards
(Unitsd Kingdom Generally Accepted A¢¢ounting Pra¢ti¢e).
In our opinion the financial statements..
give a true and fair view of the state of the charitable compan￿8 affairs as at 31 March 2025 and of its incoming
resources and application of resources, including its income and expenditUTC, for the p￿iDd then ended.
have been properly prepared in a¢coTdance ￿7th United Kingdom Generally Accepted Accounting Practice; and
have been prepared in acrordance with the requirements of the Con]panies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
fJnan¢ial ststements seotion of our report. We are independent of the charitable company in accordance with the ethical
requirements that ar¢ relevant to our audit of the financial ststements in the UK, including tbe FRC'S Ethical Standard,
and we have fidfilled our other ethical responsibilities in accordance with these Tequirements. We believe that the audit
evidence we hav¢ obtained is suffjcient and appropriate to provide a basis for our opinio
Conclusions relAtJng to golDg concern
In auditing the fmancial ststements. we have concluded that the trustees, use of the going ¢on¢¢rn basis of accounting in
the preparation of the financial statcments is appropriate.
Bas¢d on the work we have perforn￿d, we have not identified any material uncertaintics relating to events or conditions
thal, individually or colleclively. may cast significant doubt on the charilable companYs ability to continue as a going
eoncern for a period of at least twelve months from when the financial statements are authorised for issu¢.
Our responsibilities and the responsibilities of the trustees with respect to goitig concern are described in the relevant
sections of this report.
Other Anformatlon
Th¢ truslees are responsible for the other inforn]ation. The other inforn)ation compTise5 the information included in the
Atmual Report, oiher than the financial statements and our Report of the Independent Auditor5 thereon.
Our opinion on the fmancial statements does not cover the other infr)rn]ation and, except to the extent othenvise
explicitly stated in our repori we do not express any fom) of assura￿¢ conclusion thereon.
In connection wÈth our audit of the financial statements. OUT responsibility is to read the other infom￿tiOn and, in doing
so, wnsider whether the other infonllation is materially inconsistent with the financial statements OT our knowledge
obtained iti thc audit or otherwq5e appearn to be materially misststed. If we identify such material iticonsistencies or
apparent material misstatements, we are required to deterniine whether this gives rise to a material mis5tatem¢nt in the
fmancial statements themselves. If, based on the work we have perfornied, we conclude that there is a material
misstatement of this other infonnation, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken ID the Course of th¢ audit:
th¢ information given in the Report of the TTUStees for the financial year for which the f]nancial statements are
prepared is consistent wth the f￿anCIal statements; and
th¢ Report of the Trustees has been prepared in ac￿rdance with applicable legal requi￿rn¢nts.
Pagell

REPORT OF THE INDEPENDENT AIJDITORS TO THE MEMBERS OF
HEELEY crry FARM LIMfTED
M*tters on which we are requlred to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the COUTse of
the audit, we have not identified material misslatcments in the Report of the Trustecs.
We have nothing to report in respect of the following matters where the Conwanies Ad 2006 require5 US to reporf to you
if, in our opinion:
adequate accounting records bave not been kept or returns adequate for our audit have not been received from
branches not visited by us,. or
the financial statements are not in agre¢m¢nt with th¢ accounting records and returns. or
certain disclosures of In￿te¢s, remw]eration specified by law ar¢ not made. or
we have not re￿iVed all the Inforn￿tion and explanations w¢ require for our audit.
Re5ponsibilitie5 of trustees
As ¢xplained more fully in the Ststement of TTU8tees' Responsibilities, the tru6te¢s (who are also the directors of the
clwitable company for the purposes of company law) are Tesponsible for the preparation of the financial staiements and
for being satisfied that they give a true and fair view, and for such internal control as the I￿￿te¢S determine is necessary
to enable the preparation of financial statements ihal free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for ass¢ssing the charitable comp&nYs ability to
¢onlinu¢ as a going concern, disclosing. as applicable, nv4tters related to going concern and using the going concern
basis of accounting unless the tn￿teeS either intend to liquidate the ¢haritsble company or to cease operation4 or have
no r¢a]istic alternative but to do so.
Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HEELEY CITY FARM LIMITED
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurancc about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or erroT, and to issue a Report of the Independent Auditors that includes our
opinion. Reasonable assurance is a high level of assurdnce, but is not a guarantee ihal an audit conducted in accordance
with ISAS (UK} will always detect a material misstat¢ment when it exists. Misstatements caD ari5¢ from fraud OT eTTor
and are considered material if, individually or in the aggregate. they eouId rcasoDably be expected to infiu¢n¢¢ the
economic decisions of users taken on tbe basis of these financial statements.
The extent to which our proccdures are capable of detecting irregularities. including fraud is detailed below..
Irregularities, including fraud, are instances of non-compliaDce with law5 and regulations. We design prOCed￿r¢S in line
with our responsibilities. outlined above, to ddect Jnatwial misststements in respecl of irregulaTities. including fraud.
The ¢xlcnt lo whi¢h our procedures are capable of detecting i￿¢g￿larItiCs, including fraud is detailed below:
Based on our ￿nd￿StandIng of the company, we identified that th¢ principal risks of nOn￿ompliance with laws and
regulations related to charities commission and corporation tsx legislation and w¢ considered the extent to which
nonry¢ompliance might have a mateTial ¢ffeth on thc financial stalcmcnts. As part of this assessment we considered both
quantitative and qualitative factors. We also considered those laws and regulations that have a direct impact on the
preparation on the financial statements, such as the Companies Act 2006 and FRS 102.
We evaluated managemenl's incentives and opportunities for fraudulent n]anipulation of the financial statements wl)ich
inclu(kd the risk of management ov￿rIde of controls. We detennined that the principal risks were relaied to posting
inappropriate journal entries, omitting, advancing or delaying recognition of events and transactions that have occurred
during or after the reporting perio(l and potential management bias in the detennination of accounting estin)ates or
judg¢ments to manipulat¢ results.
Audit procedures perfornied by the engagement team include:
- Enquiring of and obtaining NvrRtten repr¢s¢ntstion from management in relation to known or suspecled instances of
non-compEiance with laws and regulatiODS and fraud.
- Evaluation of n]anagement's controls designed to prevent and detect irregularities;
- Identifying and, where relevant, testing journal entries posted by senior managcmcnt OT With unusual combinatiuDS"
- Assessing and evaluating the business rationale of sig1lifi￿t traI￿actionS outside the llonnal course of business.
- Reviewing financial statement disclosuTes and t¢stiDg to supporting documentation to a55ess compliance with
applicable laws and rcgulations,.
- Incorporating elcments of unpredictability into the nature. tsming an(Vor cxtent of audit procedures perfonned.
There are inhereni limitations in thc audit procedures descTibed above and the fither removed non-compliance with
laws and regulations is from the events and transactions reflected in the financial statements, th¢ Icss likcly we would
become aware of it. Also, the risk of noi detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting frorn eThor, as fraud may involve deliberate 00n¢￿iment by. for example, forgery or infrntional
misrepresentation, or through collusion.
A fvrther d¢￿ription of our responsibilities for the audit of the financial statements is located on th¢ FinanGial Reporting
Council's website at www.frc.org.uklauditorsresponsibilities, This d¢￿riptiOll forn￿ part of ow Report of th¢
Independent Auditors.
Page 13

## Andrew Cribb 

Andrew Cribb (Mar 5, 2026 15:56:01 GMT) 

Mar 5, 2026 Dates oo eeeeenseersereesseesassensees 



HEELEY CITY FARM LIMrrED
STATEMEIYT OF FINANCIAL ACTIVITJES
FOR THE PE￿0D I JANUARY 2024 TO 31 MARCH 2025
Perlod
1.1.24
to
31.3.25
Tot81
funds
Year Ended
31.12.23
Total
funds
as restated
Unrestricted
fund
Restricted
fund5
Noles
INCOME AND ENDOWMENTS FROM
Donations and legacies
35,034
362,246
397,280
391,555
Charitable activities
Farni activities
913,929
913,929
628,281
Investt)Knt incom¢
Other inwtn¢
lJ29
15223
la29
15323
Totsl
965515
362,246
1,327.761
1,019,836
EXPEIYDITURE ON
Charitydble 4ctivities
Farni activities
990,771
292,926
1,283,697
976.901
Net gainsl(losses) on inves1ments
(ioo)
(ioo)
NET INCOMEI{EXPENDITURE)
(25J56)
69,320
43 J64
42,935
RECONCILIATION OF FUNDS
Total fimiL8 brought forward
149,985
398,950
548.93S
506,000
TOTAL FUNDS CARRIED FORWARD
124,629
468,270
592,899
548,935
The notes forn) part of these fmancivll stafrments
Page 15

HEELEY C￿y FARM iIMrrED (REGISTERED NUMBER: 02141420)
BALANCE SHEET
31 MARCH 2025
2025
Total
funds
2023
Totsl
funds
as restated
Unrestricted
fund
Re8tiicted
funds
Notes
FIXED ASSETS
Tangible assets
Investn]¢nts
14
15
181J51
436,467
617.818
576,177
loo
181,351
436,467
617,818
576.277
CURRENf ASSETS
Stocks
Debiors
Cash at bank avyd in band
16
17
3944
67,957
64,993
3,944
67,957
96,796
3,944
124,803
89,291
31,803
136,894
31,803
168,697
218,038
CREDITORS
Amounts falling due witbin one year
18
(75,498)
(75,498)
(106,208)
NET CURRENT ASSETS
61,396
31,803
93,199
111,830
TOTAL ASSETS LESS CURRENT
242,747
468270
711,017
688,107
CREDITORS
Amounts f&lling due after more than one year
19
(118,118)
(118,118}
(139,172)
NET ASSETS
124,629
468270
592,899
548.935
FUNDS
Unrestricted funds
Restricted funds
21
124,629
468270
149,985
398.950
TOTAL FUNDS
592,899
548.935
The financial State￿￿nIS wcrc approved by the Board of Trustees and authorised for issue on
?.A.l.x..l.z.<....... and WCT¢ signed on its behalf by:
A V Hicks - Trustee
The notes forn) part of these finaDcial statements
Page 16

HEELEY CITY FARM LIMITED
CASH FLOW STATEMENT
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
Perlod
1.1.24
lo
31.3.25
Year Ended
31.12.23
as reststed
Notes
Cash flows from operatlDg v4Ctivities
Cash generated from operations
101,161
24,872
Net cash provided by operating activities
101,161
24,872
Cash noiys from Investing activities
Purchase of tangible fixed assets
Impairnlenl of tsngible fixed assets
(81,950)
9,1)00
Net cash (used in)Iprovided by investing activities
(72,950)
C8$h Ilows from finaD¢lng 8¢tlidties
New loaDS in year
Capital repayments
13,671
(20,706)
Net cash (used inyprovided by financing adivitie8
(20,706)
13,671
Change in casb ond cash equivalents In
the reporting peTIDd
Cash cash equfivalents at the
beglnnlDg of the reporting perlod
7.505
38,543
89,291
50.748
Cash Ind ¢ash equivAlents at the end of
th¢ r¢porting period
96,796
89,291
The notes fonn part of these financial statcmcnts
Page 17

HEELEY CITY FARM LIMrtED
NOTES TO THE CASH FLOW STATEMENT
FOR THE PEIUOD I JANUARY 2024 TO 31 MARCH 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIvrrIES
Period
1.1.24
to
31.3.25
Year Ended
31.12.23
as restated
Net In¢om¢ for the reporting perlod (as per tbe Ststement of Financial
Actfivlties)
Adjustments for:
Depreciation cbarges
Losses on investments
D¢¢rease in stocks
Decrcase/(in¢r¢ase) in debtors
(De¢reas¢yincTease in creditors
43,964
42.935
31,309
100
35,518
532
(69,327)
15,214
56,846
(31,058)
Net eash provlded by operations
101,161
24.872
ANALYSIS OF CHAI¥4GES IN NET DEBT
At 1.1.24
Cash flow
At31J.25
Net cash
Cash at bank and in hand
89391
7,505
96,796
89391
7,505
96,796
Debt
Debt5 falling due within l year
Debts falling du¢ after l year
{10,593)
(139,172)
(348)
21,054
{10,941)
(118,118)
(149,765)
20,706
(129,059)
Total
(60,474)
28,211
(32,263)
The notes forni part of these fllwicial ststements
Page 18

HEELEY CTfY FARM LIMITED
NOTES TO THE FINANCIAL STATEMENrs
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparlng the finandal statsments
The financial stateEncnts of the charitable company. which is a public benefit entity under FRS 102, have been
prq)ared in aG¢ordan¢e with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities prq)aring thetr accounts in accordance with the FinaDGial
Reporting Standard applicable in thc UK and Republic of Ireland (FRS 102) (effertive l January 2019),,
Financial Reporting Standard 102 Yhe Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The fmancial statements have be¢n preparcd under the historical cost
convention, with the exception of inveslments which are included at market valuc.
Incojne
All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the fimds. it
is probable that the incomc will b¢ T¢c¢iv¢d and the amount can be mcasured reliably.
Expenditure
Liabilities are r￿ognIsed as expenditure Js soon as there is a legal or constructiv¢ obligation committing th¢
charity to that expenditure, it is probable that a transfer of economic benefits will be required in sett]ement and
the amount of the obligation can be measur¢d reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that agg￿gate all cost related to the category. Where ¢osts cannot be directly
attributed to particular headings they bave been allocated to activities on a b￿15 con5isfrnt with the use of
resour¢es.
Grants offered subj¢ct to conditions which have not be¢n met at the year end date are noted as a commitment but
not accrned &s expenditure.
Tangible flxed Asset5
Depr¢¢iation is provided at the following annual rates in order to Nwite off each asset over its estimated useful
life.
Land & Property
Fixtures and fittings
Motor vebicles
in accordancc with the property
15010 on reducing balance
25O/tr on reducing balance
The charitys policy is to capitalise individual assets greater ihan £2,500.
South Yorkshire Energy Ccntre is depreciated at 2 % per amium straight line basis.
Other pern]anent buildings arc depreciated over the remaining life of the lease.
Stocks
Stocks aic valued at the lower of cost and net Tealisable value, after making due allowance for obsolctc and sli)w
moving items.
Taxation
The charity is exempl from co4JoratÈon tax on income and gains falling within Part I l of the CoTPOTation Tax
Act 2010, to the ¢xtent that these aTe applicd to its ¢haritable PUTposes.
Fund a¢¢ounting
Unr¢strithd funds can be use41 in accordance with the ch￿1￿b]e objcthives at Ihe dI￿retIOn of th¢ tr￿l¢es.
Restricted fimds can only be used for particu]ar iestricted p￿poseS within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restticted putposes.
Further explanation of the nature and purpose of each fimd is included in the notes to the financial ststcments.
Page 19
onlinued...

HEELEY CITY FARM IIMrrED
NOTES TO THE Fll¥ANCIAL STATEMENTS. tonthiued
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
AccouNfiNG POLICIES - conthiued
Pension costs and otber post-retirement beDefits
The charitable company operates a defined contribution pension schen￿. Contributions payable to the charitsble
compaDVs pension scheme aTe Cl￿rged to the Ststem¢nt of Financial Activities in the period to which they relate.
DONATIONS AND LEGACIES
Perlod
to
31.325
Year Ended
31.12,23
as ￿stated
Donations
Grants
32,535
364,745
40.773
350,782
397,280
391.555
INVESTMENT INCOME
Perlod
1.1.24
to
31J.25
Y¢ar Ended
31.12.23
as restated
Rents received
lJ29
YCOME FROM CHAIUTABLE ACTivrrJES
Period
1.1.24
to
31.3.25
Year Ended
31.12.23
as reslaied
A¢tivity
Trainin& pla¢em¢nts &
support services
Cafe, garden ¢¢ntre. festival
and community food growing
inc om¢
Farm activilies
689,847
483,347
Fam a￿1vIlIeS
224,082
144,934
913,929
628,281
Page 20
continue(L..

HElllY cfTY FARM LtMITED
NOTES TO THE FINANCIAL STATEMENTS- rontinued
FOR THE PEIUOD I JANUARY 2024 TO 31 MARCH 2025
OTHER INCOME
Period
1.1.24
to
31.3.25
Year Ende
31.12.23
as restated
Insurance & legal clainL8
15,223
Other Incon￿ relafrs to a successful claim for against a trade supplier for losses.
CHARITABLE ACTIVITIE5 COSTS
funding of
activilies
(see note
Support
costs (see
note 8)
Direct
Costs
7}
Totals
Fann artivities
1,049,508
14,125
220,064
1,283,697
GRANTS PAYABLE
Period
1.1.24
to
31J.25
Y¢ar Ended
31.12.23
as reststsd
Farn) activities
14,125
9,835
SUPPORT COSTS
Governance
costs
Managem¢nt
Finance
Totals
Fami activities
197,179
13,285
9,600
220,064
NET JNCOMEIffjXPENDITtJRE)
Net income/(expenditure) is stated after Chargin￿(cr￿1tillg}..
Period
l.la4
to
31J.25
Year Ended
31.12.23
as restated
Auditors, remuneration
Depreciation - owned assets
9,600
31,309
9,800
35,518
Page 21
continued...

HEELEY CITY FARM LIMITED
NOTES TO THE FINANCtAL STATEMENTS- eontlnued
FOR THE PERIOD J JANUARY 2024 TO 31 MARCH 2025
10. TRUSTEES, REMUNERATION AND BENEFITS
The following reM￿eratIOn was paid to Charity's trustees, for services towards providing the Company's
¢haritable ain￿,
2025
2023
A V Hicks
1,083
The board have given regard to the Charity Conm]ission's guidance and consider the payments to be in th¢ best
interest and reasonable for the services provided.
No remun¢rdtion was paid to the trustees duTinB the financial year or previous fll)ancial year, for thelr duties as a
trustee.
Trnstees, ¢xpens¢s
There were no trustees, expenses paid for the period end¢d 31 March 2025 nor for the year ende41
31 December 2023.
li.
STAFF COSTS
Period
1.1.24
to
31.3.25
Year Ended
31.12.23
as restated
Wages and salaries
Social security costs
Other pension costs
689,570
42543
17,790
613,857
37.054
16.731
749,903
667.642
The charity considers its key management personnel to comprise the members of the Senioi Leadership Tea
who bav¢ authority and responsibility for playJnin& directing and controlling the day-to-day activities of tbe
Charity.
The aggregat¢ remuneration Teceived duTing the period was £122.296.
The average montbly number of ett￿lOYees during the period was a5 foll0m￿.
Perlod
1.1.24
to
31.3.25
Year Ended
31.12.23
as restated
34
Charitsble activities
Management & adn)iDistration
37
41
38
No employees received emoluments in excess of £60,0110.
Page 22
continued...

HEELEY ￿ FARM LIMrrED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvrrIES
Uwestricted
fund
Restricled
flmds
Totsl
fimds
as restated
llYCOME AND ENDOWMEiwfs FROM
Donations and legacies
45,023
346,532
391,555
Charfitable led￿tleS
Fanrj activities
614,323
13.958
628.281
Total
659,346
360.490
1.019,836
EXPEf4DITURE ON
Charlt*ble actlvltles
Farni activities
607,093
369,808
976,901
NET INCOMEI(EXPENDTfuRE)
52,253
(9,318)
42,935
RECONCILIA￿0￿ OF FUNDS
Totsl fimds brought forward
97,732
408,268
506,000
TOTAL FUNDS CARRIED FORWARD
149,985
398,950
548,935
13.
PRIOR YEAR ADJUSTMENT
The compardtive figures for the year ended 31 December 2023 have been restated to reflect the correct allocation
of expeJ)diture belween unrestrictcd and restricted fimd balances GarTi¢d forward.
£24,330 of reslricted depr￿lation expenK in the year ended 31 December 2023 was included within unrestricled
f4mds.The adjustm¢nt has no ijnpact on total funds but reduces restricied funds and increases unrestTiCted fund5
brought forward at l January 2024 by £24,330.
A balance of £350,782 in the comparative figures has also been reclassified as Donation4 previously presented
as Charitable Activities. Both funds and net surplus are unaffecled.
A balanc¢ of £9,815 in thc comparative figur¢s has been r¢¢las8ified as Grants payable and included in the notes
to the fu￿￿la1 statements.
Page 23
continued...

NOTKS TO THE FINANCIAL STATEMENTS- ￿￿tIll￿ed
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
14.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Land &
Propety
Motor
vehicles
Totsls
COST
At l January 2024
Additions
Impairn)ents
1,147.748
72,950
125,538
l].094
9,0011
(9.000)
1284J80
81,950
(9,000}
At 31 March 2025
1220,698
125,538
11,094
1.357J30
DEPRECIATION
At l January 2024
Clwge for year
590292
27,424
109,817
2,947
8,094
938
708,203
31,309
At 31 March 2025
617,716
112.764
9,032
739512
NET BOOK VALUE
At 31 March 2025
602.982
12,774
2,062
617,818
At 31 December 2023
557,456
15.721
3,000
576,177
All assets are used in the direct fintherance of the Charitys objects. The propety and other assets are subject to
¢harges 8iven as security for the Charity's bank ov¢rdraft facility.
15.
FIXED ASSET INVESTMENTS
Unlisted
investments
MARKET VALUE
At l January 2024
loo
(ioo)
At 31 March 2025
NET BOOK VALUE
At 31 Mar¢h 2025
At 31 December 2023
loo
Ther¢ were llo investment assets outside the UK.
The charity beld 100 £1 share in Seed CoThoperative, a community owned business. The investment ha$ been
inwair¢d to £NIL during the year as the conyy is in liquidation.
Page 24
continued...

NOTES TO THE FINANCIAL STATEMENTS - conllnued
FOR THE PEIUOD I JANUARY 2024 TO 31 MARCH 2025
16.
STOCKS
2025
2023
as restated
Stocks
3944
3,944
17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2023
as reststed
Trade debtors
VAT
Prepayments
A¢crued income
50,666
2,068
15.223
69,876
16.062
38,865
67957
124,803
18.
CREDITORS: AMOUY4TS FALIJNG DUE WITHtN ONE YEAR
2025
2023
as restated
Bank loans and oveTdTafts (see not¢ 20)
Trade creditors
Soci815ecurity and other taxes
Pension
10,941
36,150
8,710
2,025
10,593
31.184
3,819
1,987
3,290
VAT
Other creditors
Other loans
Accrued ¢xp¢nses
3,838
5.625
8,209
1,000
54,335
75,498
106.208
19.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2023
as restated
Bank loans (see note 20)
Oth¢r loans (see note 20)
102,649
15,469
116,672
22,500
118,118
139,172
Page 25
conlinued...

HEELEY crry FARM LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE PERIOD I JANUARY 2024 TO 31 MARCH 2025
20. LOANS
An analysi8 of the maturity of loans is given below:
2025
2023
as reststed
Arnounts falling due within one year on demand..
Bank loans
10,941
10,593
Amounts falling between one and two years:
Bank loans- 1-2 years
Other loans- 1-2 years
10,941
5,625
10,593
1,000
16,566
11,593
Amounts falling due between two and five years:
Bank loans- 2-5 years
Other loans- 2-5 years
24,648
31,780
3,000
34,492
34,780
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
Other loajis more 5yTS instal
67.060
74,299
18,500
92.799
67,060
21. MOVEMENT IN FUNDS
Net
movement
in funds
Ai
31.3.25
At 1.1.24
Unrestrlcted funds
General fi￿d
149,985
(25,356)
124,629
Restricted funds
Ciymmunity, Health & Food
Capital Fund
15,012
383,938
16,791
52,529
31,803
436,407
398,950
69J20
468,270
TOTAL FUNDS
548,935
43,964
592,899
Page 26
cOntin￿a...

NOTES TO THE Fll¥ANCIAL STATEMENfs - continued
FOR THE PEIUOD I JANUARY 2024 TO 31 MARCH 2025
21.
MOVEMENT IN FtJNDS . conthiued
Net mov¢ment in funds, included tn th¢ above are as follows:
Incoming
resource5
Resources
expended
Gains and
losses
Movement
in fund5
UDrestrleted funds
General fimd
965,515
(990.771)
(li￿)
(25J56)
Restricted funds
Community. Health & Food
Capitsl Fund
289.296
72,950
(272,505)
(20,421)
16,791
52,S29
362,246
(292,926)
69J20
TOTAL FUNDS
lJ27,761
(1,283,697)
{ioo)
43,964
Comparatives for movement In funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted fund$
General fund
97.732
52,253
J49,985
Restricted ￿ndS
Community, Health & Food
Capital Fund
15,012
(24,330)
15,012
383,938
408.268
408,268
(9.318)
398,950
TOTAL FUNDS
506,000
42.935
548,935
Comparative net movement in fLU]ds, included in the above are as follows:
Incoming
resources
Resouw¢s
exp¢nd
Movement
in funds
Unrestricted funds
General fimd
659,346
(607.093)
52.253
Restricted funds
Community, Health & Food
Capital Fund
360,490
(345.478)
(24,330}
15,012
(24.330)
360,490
(369.808)
(9.318)
TOTAL FUNDS
1,019,836
(976,901)
42.935
Page 27
continued...

HEELEY CITY FARM LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE PERIOD I JANUARY 21124 TO 31 MARCH 2025
22.
RELATED PARTY DISCLOSURES
A loan balance of £21,094 at 31 March 2025 is due to Yol)n Le Corney, a related party to an incumbent co￿¢0.
The loan is unsecure(L interest free and due to be repaid in full by December 2028.
Page 28