2023-12-31-accounts - Embercombe

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Docusign Envelope ID: 98EBD6FD-6CD9-41E3-B593-2ECC1B1A49A4

Embercombe - a company limited by guarantee

Annual Report

Period Ended 31 December 2023

Company Registration Number 05943952

Charity Registration Number 1116793

Docusign Envelope ID: 98EBD6FD-6CD9-41E3-B593-2ECC1B1A49A4

TRUSTEES ANNUAL REPORT

The Trustees, who are also directors for the purposes of company law, submit their report and the unaudited financial statements of the Trust for the period ended 31 December 2023. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts, and comply with the Company’s Memorandum and Articles of Association, the Charities Act 2011, the Companies Act 2006 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 (FRS 102), which was published on 16 July 2014. This report includes the Directors Report as required by Company Law.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number: 5943952 (England and Wales)

Registered Charity Number: 1116793

Registered Office: Embercombe, Higher Ashton, Exeter, Devon EX6 7QT

TRUSTEES

Jacqueline Tallett – appointed November 2021 – resigned June 2024

Emma Johnston-Donne – appointed February 2022 – resigned August 2024

Anand Punja – appointed February 2022 – resigned June 2024

Katherine Allso – appointed February 2022 – resigned September 2024

Emma Butterworth – appointed December 2023

Justin Adams – appointed April 2024

Ian Wilkinson – appointed June 2024

BANKERS

The Co-Operative Bank - Skelmersdale WN8 6WT

The objects of the company are to promote all purposes which are charitable under the laws of England and Wales.

GOVERNING DOCUMENT

Embercombe is a charitable company limited by guarantee, having no share capital, incorporated under the Companies Act and governed in accordance with the Memorandum and Articles of Association dated 22 September 2006 and amended October 2015. It is a registered charity.

Docusign Envelope ID: 98EBD6FD-6CD9-41E3-B593-2ECC1B1A49A4

CHAIRS REPORT

Whilst I was not the chair during the period being reported, I hereby submit my report, prepared to the best of my knowledge and understanding of the charity’s challenges and celebrations in the 2023 financial year.

2023 has been a year of both transition and resilience for the charity, as we continue to build on the strategic objectives established in previous years. Despite the challenges we have faced, we remain steadfast in our mission to reconnect people with nature, themselves, and each other.

One of the key highlights this year was the successful launch of our Rewilding Training programme, which not only sold out in its first year but also garnered a waiting list and £16,000 of presales for 2024. This strong demand reinforces our belief that our work is resonating with a growing community and that our focus on deep nature connection and societal transformation is more relevant than ever.

However, 2023 was also a year of difficult but necessary decisions. In May, redundancies were made, including the departure of our Managing Director, in order to reduce overheads. This restructuring was not easy for the team, but it was essential to ensure the financial stability of the charity. These changes resulted in a saving of £44,000 from July to December 2023, ultimately moving us from a deficit position to a surplus of £39,329 by the year’s end. While these measures were tough, they have allowed us to emerge in a stronger financial position.

The broader financial outlook and economic context remain areas of concern as we look ahead to 2024. A new group of trustees is in the process of evaluating and streamlining our core model to ensure that we are well-positioned to meet these challenges head-on while staying true to our mission.

As we continue to evolve and grow, I am confident that the charity will remain a beacon for those seeking reconnection with nature, purpose, and community. I look forward to the future with optimism, knowing that the foundations laid in 2023 will support our ongoing efforts to make a lasting impact.

Docusign Envelope ID: 98EBD6FD-6CD9-41E3-B593-2ECC1B1A49A4

RESERVES

The Board has over the last year monitored the reserve position closely, keeping cash flow forecast and expenditure under constant review. Our reserve policy going forward is to explore how to increase and maintain reserves at a sustainable level.

The Charity’s reserves position at the year-end was as follows:

----- Start of picture text -----
Reserve FY2023 12mths FY2022 9mths
Unrestricted Funds - Reserves (44,889) (145,810)
Fixed Assets 1,109,596 1,135,910
Restricted Funds 17,837 53,116
Endowment Funds 914,993 914,993
Total 1,997,537 1,958,209
Annual operating expenditure 478,320 332,367
Ratio of reserves to annual operating expenditure 0.24 0.17
----- End of picture text -----

(Endowment Funds – The endowment represents the gift of the freehold property to the charity together with expenditure by the previous trust on the property at Embercombe, prior to the company being formed)

Small Company Provisions

This report has been prepared in accordance with the small companies’ regime under the Companies Act 2006.

The annual report was Approved by the Trustees of the charity and signed on its behalf by:

Justin Adams – Chair of Trustees Date 25/09/24

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section A Statement of financial activities (including summary income and expenditure account)

Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Total funds Prior year funds £ £ F04 F05 151,393 71,699 365,384 250,672 - - 873 115 - - - - 517,650 322,486 - - 473,408 328,661 - - 4,912 3,706 478,320 332,367 39,329 9,881 - - - 39,329 9,881 - - - 39,329 9,881 - - - - - - - - 39,329 9,881 - 1,958,209 1,968,090 1,997,538 1,958,209 1	Total funds Prior year funds £ £ F04 F05 151,393 71,699 365,384 250,672 - - 873 115 - - - - 517,650 322,486 - - 473,408 328,661 - - 4,912 3,706 478,320 332,367 39,329 9,881 - - - 39,329 9,881 - - - 39,329 9,881 - - - - - - - - 39,329 9,881 - 1,958,209 1,968,090 1,997,538 1,958,209 1
19,766	131,627	-	151,393	71,699
365,384	-	-	365,384	250,672
-	-	-	-	-
873	-	-	873	115
-	-	-	-	-
-	-	-	-	-
386,023	131,627	-	517,650	322,486

	-	-	-	-
381,652	91,756	-	473,408	328,661
-		-	-	-
4,912	-	-	4,912	3,706
386,564	91,756	-	478,320	332,367

542 -	39,871	-	39,329	9,881 -
-	-	-	-	-
542 -	39,871	-	39,329	9,881 -
-	-	-	-	-
542 -	39,871	-	39,329	9,881 -
-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
542 -	39,871	-	39,329	9,881 -

990,100	53,116	914,993	1,958,209	1,968,090
989,558	92,987	914,993	1,997,538	1,958,209
- - -

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section B Balance sheet

Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
-	-	-	-	-
1,109,596	-	914,993	2,024,589	2,050,903
-	-	-	-	-
-	-	-	-	-
1,109,596	-	914,993	2,024,589	2,050,903

650	-	-	650	400
38,246	-	-	38,246	3,199
-	-	-	-	-
58,603	-	-	58,603	68,224
97,499	-	-	97,499	71,823

104,454	-	-	104,454	131,169

-6,955	-	-	-6,955	59,346 -

1,102,641	-	914,993	2,017,634	1,991,557

20,097	-	-	20,097	33,348
-	-	-	-	-

1,082,544	-	914,993	1,997,537	1,958,209

-		914,993	914,993	914,993
-	92,987		92,987	53,116
989,557		-	989,557	990,100
			-

989,557	92,987	914,993	1,997,537	1,958,209

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors	Print Name	Date of approval dd/mm/yyyy

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts

Note 1 Accounting Policies

1.1 Basis of preperation

The financial statements have been prepared under the historical cost convention with items being recognised at cost or transaction value unless otherwise stated in the notes to these accounts.

The financial statements have been prepared in accordance with 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 (FRS 102) (Charities SORP FRS 102 effective 1 January 2019), with FRS 102 and with the requirements of the Companies Act 2006 and the Charities Act 2011.

The Charity constitutes a policy benefit entity as defined by FRS 102.

Critical accounting estimates and areas of judgement

The items in the financial statements where the Trustees have had to make significant judgements and estimates include:

● The estimates of the useful economic lives of the tangible fixed assets used to determine the depreciation charge

● The basis on which support costs have been allocated across the various expenditure headings

● The accounting for the Linhay property which was valued at lower cost and not realisable value and supported by a professional validation

1.2 Going concern

The reduction in deficit due to improved governance and control, and the resulting ability for the Charity to focus on growing and expanding our activities within a stable environment, leads the Trustees to conclude that a going concern assumption continues to be appropriate for the preparation of the financial statements.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 1.1

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.1 INCOME Recognition of income These are included in the Statement of Financial Activities (SoFA) when:

• the charity becomes entitled to the resources; • it is more likely than not that the trustees will receive the resources; • the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless Offsetting required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in Legacies the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Gift Aid receivable is included in income when there is a valid declaration from the donor. Tax reclaims on Any Gift Aid amount recovered on a donation is considered to be part of that gift and is donations and gifts treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and This is only included in the SoFA once the charity has provided the related goods or performance related services or met the performance related conditions. grants Donated goods are measured at fair value (the amount for which the asset could be Donated goods exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Donated services and Donated services and facilities are included in the SOFA when received at the value of facilities the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Support costs The charity has incurred expenditure on support costs. The value of any voluntary help received is not included in the accounts but is described Volunteer help in the trustees’ annual report. Income from interest, This is included in the accounts when receipt is probable and the amount receivable can

Yes No N/a*	Yes No N/a*	Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*
✓	✓	✓
Yes No N/a*

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

p p

p p
be measured reliably. , royalties and dividends	✓	✓	✓
Section C Notes to the accounts	(cont)
Grants with performance conditions 2.3 ASSETS Intangible fixed assets Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. 2.2 EXPENDITURE AND LIABILITIES The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Grants payable without performance conditions The depreciation rates and methods used are disclosed in note 14. They are valued at cost. Deferred income No material item of deferred income has been included in the accounts. Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments Investments They are valued at cost. They are valued at cost. The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. The charity has creditors which are measured at settlement amounts less any trade discounts These are capitalised if they can be used for more than one year, and cost at least Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end The same treatment is applied to unlisted investments unless fair value cannot be Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Governance and support costs Creditors Redundancy cost The charity made no redundancy payments during the reporting period. Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Settlement of insurance claims Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Income from membership subscriptions Heritage assets Investment gains and losses	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓


	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*
	✓	✓	✓
	Yes No N/a*

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe

Annual Accounts for the period 01/01/2023 to 31/12/2023

end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.


Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.		✓	✓	✓
		Yes No N/a*
		✓	✓	✓
Section C Notes to the accounts		(cont)
Yes No N/a ✓ ✓ ✓ Yes No N/a ✓ ✓ ✓ Yes No N/a ✓ ✓ ✓ Yes No N/a ✓ ✓ ✓ Yes No N/a ✓ ✓ ✓ Yes No N/a ✓ ✓ ✓ POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Depreciation is provided at the following annual rates to write off each asset over its estimated useful life as follows: Land and Buildings Straight line over 10 to 75 years on buildings only. Plant and Machinery 20% on reducing balance Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. They are valued at fair value except where they qualify as basic financial instruments. The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. Debtors Current asset investments Stocks and work in progress		Yes No N/a*
		✓	✓	✓
		Yes No N/a*
		✓	✓	✓
		Yes No N/a*
		✓	✓	✓
		Yes No N/a*
		✓	✓	✓
		Yes No N/a*
		✓	✓	✓
		Yes No N/a*
		✓	✓	✓

	Depreciation is provided at the following annual rates to write off each asset over its estimated useful life as follows: Land and Buildings Straight line over 10 to 75 years on buildings only. Plant and Machinery 20% on reducing balance

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section C Notes to the accounts (cont)

Note 3 Income

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income
Donations and gifts	16,084	102,877	-	118,961	62,770
Gift Aid	-	28,750	-	28,750	-
Legacies	-	-	-	-	-
General grants provided by government/other charities	3,666	-	-	3,666	7,252
Membership subscriptions and sponsorships which are in substance donations	16	-	-	16	1,677
Donatedgoods,facilities and services	-	-	-	-	-
Other	-	-	-	-
Total	19,766	131,627	-	151,393	71,699

Awards for All - Community Rewilding	-	-	-	-	9,996
Medicine Garden	-	-	-	-	15,732
Programme Delivery	237,033			237,033	134,271
Venue Hire and Accomodation	125,898	-	-	125,898	90,294
Other	2,453	-	-	2,453	379
Total	365,384	-	-	365,384	250,672

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

Interest income	873	-	-	873	115
Dividend income	-	-	-	-	-
Rental and leasing income	-	-	-	-	-
Other	-	-	-	-	-
Total	873	-	-	873	115

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Total	-	-	-	-	-

Conversion of endowment funds into income	-	-	-	-	-
Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
Gain on disposal of a programme related investment	-	-	-	-	-
Royalties from the exploitation of intellectual property rights	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

	386,023	131,627	-	517,650	322,486

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grant 1 Government grant 2 Government grant 3 Other Government grant 1 Government grant 2 Government grant 3 Other	This year £ Description	This year £ Description
	Countryside Stewardship	3,666
		-
		-
		-
	Total Description	3,666
		Last year £
	Countryside Stewardship	7,252

		-
		-
	Total	7,252

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure	Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure	Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure	Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure	Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure	Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure	Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds £ £ Analysis Expenditure on raising funds: This year Last year Note 5 Expenditure
Incurred seeking donations	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-	-	-
Operating membership schemes and social lotteries	-	-	-	-	-	-
Staging fundraising events	-	-	-	-	-	-
Fudraising agents	-	-	-	-	-	-
Operating charity shops	-	-	-	-	-	-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-	-	-
Advertising, marketing, direct mail and publicity	-	-	-	-	-	-
Start up costs incurred in generating new source of future income	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-
Other trading activities	-	-	-	-	-	-
Investment management costs:	-	-	-	-	-	-
Portfolio management costs	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-
	-	-	-	-	-	-
Total expenditure on raising funds	-	-	-	-	-	-
Expenditure on charitable activities:
Awards for All - Community Rewilding	-	7,447	7,447	-	2,549	2,549
Medicine Garden	-	9,711	9,711	-	2,452	2,452
Programme Delivery	132,026	53,600	185,626	139,260	1,050	140,310
Land and property, Inc depreciation	77,412	12,404	89,816	31,032	10,210	41,242
Marketing and PR	3,510	-	3,510	3,207		3,207
Support costs	168,704	8,594	177,298	121,713	17,189	138,902
Total expenditure on charitable activities	381,652	91,756	473,408	295,212	33,450	328,662
Separate material item of expense
	-	-	-	-	-	-

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

	-	-	-	-	-	-
	-	-	-	-	-	-
Total	-	-	-	-	-	-
Other
Bank loan interest	650	-	650	545	-	545
VATpenalties	4,262	-	4,262	3,335	-	3,335
Previous Year Adjustment	-	-	-	- 174	-	- 174
Total other expenditure	4,912	-	4,912	3,706	-	3,706
TOTAL EXPENDITURE	386,564	91,756	478,320	298,918	33,450	332,368

Section C Notes to the accounts (cont)
Other information:
This year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).			Sterlingamounts asper bank statement,after conversion

Last year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).			Sterlingamounts asper bank statement,after conversion

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section C Notes to the accounts (cont)

Note 6 Support Costs

This year

This year
Support cost	Charitable Activity	Other	Grand total	Basis of allocation
		£	£	No split
Wages & Social Security	98,549	-	98,549
Pension	1,336	-	1,336
Utilities	18,463	-	18,463
Other costs	49,706		49,706
Other professional	8,445		8,445
Reporting accountancy fee	800		800
Total	177,298	-	177,298

Last year

Last year
Support cost	Charitable Activity £	Activity 3 £	Grand total £	Basis of allocation
				No split
Wages & Social Security	97,348	-	97,348
Pension	1,441	-	1,441
Utilities	13,478		13,478
Other costs	19,635		19,635
Other professional	6,200	-	6,200
Reporting accountancy fee	800	-	800
Total	138,902	-	138,902

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Note 7 Details of certain types of expenditure

Note 7.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees

This year £	Last year £
800	800

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Note 8 Paid employees

8.1 Staff Costs

Fundraising Charitable Activities Governance Other Total Please provide the total amount paid to key management 8.2 Average head count in the year The parts of the charity in which the employees work Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) Salaries and wages	This year £	Last year £
	95,808	95,863
	2,741	1,485
	1,336	1,441
	-	-
	99,884	98,789

	This year	Last year
	£	£
	-	14,654

r	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	-	1
Governance	-	1
Other	5	5
Total	5	7

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Tangible fixed assets	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
1,064,330	1,242,546	68,167	-	2,375,043
-	-	3,480	-	3,480
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
1,064,330	1,242,546	71,647	-	2,378,523
impairments
n/a	SL	RB
	10years/ 75years	20%

-	264,823	59,317	-	324,140
-	-	-	-	-
-	26,886	2,908	-	29,794
-	-	-	-	-
-	-	-	-	-
-	291,709	62,225	-	353,934

1,064,330	977,723	8,850	-	2,050,903
1,064,330	950,837	9,422	-	2,024,589

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section C Notes to the accounts (cont)

Note 10 Stocks

10.1 Please state the carrying amount of stock and work in progress analysed between activities.

Stock	Stock	Donated goods	Donated goods	Work in progress
For distribution	For resale	For distribution	For resale
£	£	£	£	£

400	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
400	-	-	-	-


-	-	-	-	-
250	-	-	-	-
-	-	-	-	-
-	-	-	-	-
250	-	-	-	-


-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
650	-	-	-	-
400	-	-	-	-

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

11.1 Analysis of debtors

Trade debtors Prepayments and accrued income Other debtors

Total	This year £	Last year £
	3,121	2,673
	6,375	526
	28,750	0
	38,246	3,199

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Note 12 Creditors and accruals

12.1 Analysis of creditors

12.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total	Amounts falling due within one year		Amounts falling due after more than one year
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	3,971	3,971	20,097	23,417
	15,595	4,377	-	-
	-	-	-	-
	62,434	62,678	-	-
	22,454	60,144	-	9,931
	-	-	-	-
	104,454	131,170	20,097	33,348

12.2 Deferred income

Please explain the reasons why income is deferred.

This year	Last year
*Venue Hire deposits* *received for 2023.* *Programme payments* *made in advance, some* *deposits, some in full.*	*Programme payments* *made in advance, some* *deposits, some in full.*

*Movement in deferred income account* Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period	This year £	Last year £
	56,516	53,137
	269,493	113,330
	- 273,936	- 109,951
	52,073	56,516

Embercombe Financials 31.12.23

Embercombe Charity Number: 1116793 Annual Accounts for the period 01/01/2023 to 31/12/2023 Company Number: 5943952

Section C Notes to the accounts (cont)

Note 13 Cash at bank and in hand

Note 13 Cash at bank and in hand
Other Short term deposits Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date)	This year £	Last year £
	-	-
	-	-
	58,603	68,224
	-	-
	58,603	68,224

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section C Notes to the accounts (cont)

Note 14 Charity funds

14.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

*funds*
Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
General Fund	Unrestricted		990,100	386,023	-386,564	-		989,558
CatalystBursary	Restricted		10,221	-	-	-	-	10,221
Start	Restricted		216	-	-	-	-	216
EndowmentFund	Endowment		914,993	-	-	-	-	914,993
			-	-	-	-	-	-
Awardsfor All - Rewilding	Restricted		7,447	-	- 7,447	-	-	-
CommunityMedicine Garden	Restricted		13,280	-	-9,711	-	-	3,569
EldersArea	Restricted		13,358	-	- 12,404	-	-	954
MD Funding	Restricted		8,594	-	-8,594	-	-	-
Donations	Restricted	£100kdonation+ GiftAid	-	128,750	-53,600			75,150
Donations	Restricted		-	2,877	-	-	-	2,877
*Other funds (balancing* *figure)*	N/a	N/a	-	-	-	-	-	-
Total Funds as per balance sheet			1,958,209	517,650	- 478,320	-	-	1,997,538
Fund balances carried forward include assets and liabilities denominated in a foreign currency				Yes No ✓ ✓
				✓	✓

Embercombe Financials 31.12.23

Charity Number: 1116793 Company Number: 5943952

Embercombe Annual Accounts for the period 01/01/2023 to 31/12/2023

Section C Notes to the accounts (cont)

Note 14 Charity funds

14.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
General Fund	Unrestricted		1,041,610	255,975	-307,485	-	-	990,100
CatalystBursary	Restricted		11,271	-	- 1,050	-	-	10,221
Start	Restricted		216	-	-	-	-	216
EndowmentFund	Endowment		914,993	-	-	-	-	914,993
			-	-	-	-	-	-
Awardsfor All - Rewilding	Restricted		-	9,996	- 2,549	-	-	7,447
CommunityMedicine Garden	Restricted		-	15,732	- 2,452	-	-	13,280
EldersArea	Restricted		-	15,000	- 1,642	-	-	13,358
MD Funding	Restricted		-	25,783	- 17,189	-	-	8,594
			-	-	-	-	-	-
*Other funds (balancing* *figure)*	N/a	N/a	-	-	-	-	-	-
Total Funds as per balance sheet			1,968,090	322,486	- 332,367	-	-	1,958,209
Fund balances carried forward include assets and liabilities denominated in a foreign currency				Yes No ✓ ✓
				✓	✓

Embercombe Financials 31.12.23

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Embercombe On accounts for the year Year Ended 31 December 2023 Charity no 1116793 ended (if any) Set out on pages Pages 1 to 4 Embercombe TAR document & pages 1 to 20 Embercombe financials document.

I report to the trustees on my examination of the accounts of Embercombe (the Charity”) for the period ended 31 / 12 / 2023 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’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 Act.

Independent Since the Charity’s gross income exceeded £250,000 your examiner must examiner's statement be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of Association of Chartered Certified Accountants, 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 which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or

the accounts did not accord with the accounting records; or the accounts did 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.

Date: 27/11/2024 Signed: Name: Mr Jason Milden

Oct 2018

IER

Relevant professional qualification(s) or body FCCA (if any):

Address: Darnells Chartered Accountants 30 Fore Street, Totnes, Devon TQ9 5RP

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER