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2022-03-31-accounts

COMPANY REGISTRATION NUMBER: 04334389 CHARITY REGISTRATION NUMBER: 1120073

Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Unaudited Financial Statements 31 March 2022

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2022

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 12
Statement of financial activities (including income and
expenditure account) 14
Statement of financial position 15
Notes to the financial statements 17
The following pages do not form part of the financial statements
Detailed statement of financial activities 28
Notes to the detailed statement of financial activities 29

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2022

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.

Reference and administrative details

Registered charity name Moulsecoomb Forest Garden and Wildlife Project Charity registration number 1120073 Company registration number 04334389 Principal office and registered Community Base office 113 Queens Road Brighton BN1 3XG

The trustees

Mr D Graham-Cameron Ms S P Howells Ms J A Shergold Mr M D Ardron Ms R Bicker Mr R Blackman Company secretary Mr D Graham-Cameron Independent examiner N J Cadwallader FCCA For and On Behalf of David Cadwallader & Co Limited Suite 3 Bignell Park Barns Chesterton Nr Bicester Oxon OX26 1TD

1

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Structure, governance and management

GOVERNING DOCUMENT

The organisation is a charitable company limited by guarantee, incorporated on 5th December 2001, and registered as a charity on 13th July 2007. The charity is governed under its Constitution, adopted 13th July 2007, and its Memorandum and Articles of Association incorporated 5 December 2001, as amended 12 December 2006. Under its Constitution, the Trustees are elected at each Annual General Meeting by the Members of the organisation for a one-year term. New Trustees can also be co-opted at a General Meeting. Trustees also act in the capacity of Company Directors.

The charity is run by the Trustees who are either long term volunteers or people chosen for their expertise and knowledge. In addition to the AGM, the Trustees meet at least four times per year to receive operational reports, review and agree policies and procedures, and address issues around strategic planning, risk management and finances. They delegate the management of the charity to the Project Manager who is responsible for the day to day running of the charity, including the management of of personnel, the allotment, and all charitable activities.

EMPLOYEES AND TRUSTEES

The charity employs two paid members of staff: Pat Beach who works as our Outdoor Educational/Therapeutic Practitioner and Instructor; and Project Manager Warren Carter. They are supported by the services of a small group of professional freelancers with specialist fields of expertise.

We have a regular cook every Tuesday and Friday (Jo Pearson) and a volunteer garden co-ordinator (Daisy Brown) on a Tuesday and on a Thursday at Moulsecoomb Primary.

The charity is governed by six volunteer Trustees: Susie, Julie, Duncan, Mick, Rachel and Ross who between them have many years' experience of volunteering and working with the Moulsecoomb Forest Garden, and are sympathetic and fully engaged with the ethos and continuing development of the charity.

They meet as Trustees with the Project Manager at least four times a year to oversee the management of the project and site, to ensure that policies and procedures remain current and that the wider responsibilities of ensuring regulatory and financial compliance are adhered to.

Trustees are in regular communication, and support behind-the-scenes in various functions including financial, admin, PR and HR.

Several of the Trustees regularly attend as garden volunteers at the allotment site, so they are both visible and easily accessible to staff and service users.

The staff meet regularly to plan and review current work, and we hold regular forest garden 'user group' forums where everyone is invited to discuss their views about how things work for them - in the spirit of continual improvement. We regularly review our suite of policies that inform the running of the project, including our governance structure, which can all be found on our website.

2

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

TRUSTEES

Duncan Granham-Cameron: "From a career background in IT and communications I now work as a professional archaeologist. I first became a volunteer in 2002 shortly after I moved to Brighton and soon after I joined the Management Committee before becoming a Trustee when I helped to convert the organisation into a Charity. As well as playing an active role in hands-on volunteering at the garden whenever my work allows, I manage the day to day financial transactions and provide other administrative supp ort from home."

Susie Howells: "With a 25-year background in environmental management, sustainability and corporate responsibility in both private and public sectors, since 2018 I've been partnership manager for a groundwater quality project, as well as my own sustainability business. I started volunteering at the Forest Garden in 2012 and have never looked back. Now chair of Trustees, I support the team's work with anything from general weeding, to building up networks and support for our work across the city, to updating our governance and policy framework to make sure we all work safely and effectively. I usually come up every week, and it's a real boost to work outside - and with some amazing people."

Julie Shergold: "I've been a Bookkeeper for over 25 years, working with Voluntary Groups both as an Employee and as a Trustee. As Treasurer for the Forest Garden I keep the accounts up to date on a monthly basis and prepare the financial details for this report and am proud to be part of such a brilliant project."

Rachel Bicker: "As a lifelong wildlife enthusiast, the conservation of nature and green spaces is a bit part of my ethos. I gained a BSc in Zoology and a Masters of Biological Sciences Research before going on to work in the wildlife conservation sector. As a biodiversity consultant for Gatwick Airport I work in a highly dynamic environment with high potential for human and wildlife conflict, fortunately I play a positive role in preventing and alleviating issues. I was introduced to the garden in in 2017 by chair of trustees Susie, and I became a trustee in late 2018. I was highly impressed by the way the garden was being run and the consideration given for wildlife. The diversity of species occurring on site is very high and marks it as an important green space within Brighton. My goal is to help record as many plant, animal and fungi species on site as possible in order to best inform the site activities, for maximising the benefits to wildlife."

Mick Ardron: "I have been employed by Brighton and Hove City Council for over 22 years working in a small team supporting people with learning disabilities in their own homes. Over that time one of the biggest problems I have encountered is that large numbers of people with learning disabilities are isolated and seem to have no sense of belonging in the community. Many experience mental health issues as a result of this and lead unfulfilling lives not being able to reach their potential. Since November 2015 I have been volunteering at the Moulsecoomb Forest Garden and I have been incredibly impressed by such a resource for people with learning disabilities and other people with or without disabilities come together doing such meaningful activities in a welcoming, non-judgmental, fun environment. Here people are encouraged to develop their skills, meet other people in a relaxed, beautiful environment which is truly community based."

3

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Ross Blackman has worked for a national charity providing debt advice for the last 13 years. He has found most of his clients have some element of mental health problems and wanted to do more to help support excluded members of our community. He has a particular interest in the outdoors and how woodlands provide a sanctuary for us all. He also likes cups of tea. "I was looking for a new challenge and found the forest garden. I was impressed by how at the garden all are accepted for what they have to offer, and the focus is on working together to achieve the goal with everyone playing their part. I am proud to be involved in such a fun, positive, inclusive, organisation."

Objectives and activities

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

The Moulsecoomb Forest Garden and Wildlife Project is a small Brighton-based charity. Our project has two distinct strands: working with schools to provide an alternative route to pupils who struggle in a typical classroom setting; and running a genuinely inclusive community garden, involving people of all abilities and from all backgrounds: gardening, cooking and working together.

AIMS

  1. To promote sustainable development for the benefit of the public by the relief of poverty and improvement of conditions of life in socially or economically disadvantaged communities; and promoting sustainable means of achieving economic and social growth and regeneration

  2. To advance the education of the public in the subject of sustainable development and to provide education and training where needed in promotion of sustainable development projects.

  3. To conduct research into sustainable development and to disseminate the useful results of such research for the public benefit. Sustainable development means ''development that meets the needs of the present without compromising the ability of future generations to meet their own needs''.

OBJECTIVES

The principal objectives of the charity are to:

  1. Reduce anti-social behaviour by involving excluded pupils in the running of the garden.

  2. Improve community health by offering free, organic and locally grown vegetables to low income families.

  3. Enhance skills and employability by offering practical based training and volunteering opportunities.

  4. Get children involved in planting, growing and eating healthy food, and respecting nature and the environment.

  5. Create and enhance wildlife habitats, protecting biodiversity including heritage vegetable varieties.

  6. Promote sustainable lifestyles, by encouraging and educating people about composting and the benefits of organic gardening and locally produced food.

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Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

VALUES

The Moulsecoomb Forest Garden and Wildlife project was established in 1994. Set on the outskirts of Brighton in a large community garden, our project has two distinct strands. Regular workdays on our nine allotments cater for up to 70 people and 70 pupils a week offering qualifications to young people who may not otherwise have the opportunity.

This process, which can be learner-led, underpins the student's sense of wellbeing and overall positive learning experience. It demands a holistic overview, close communication with schools, key workers, parents and carers, and regular handover and feedback of information, backed up by progress reports tracking individual aims and objectives. Responsibility, trust and eventually leadership play a big role in personal development.

Our therapeutic process engages young people diagnosed with learning difficulties such as Autism, Asperger Syndrome, Dyslexia and ADHD, who have had challenges in life, or who might have behavioural or mental health issues. Using a therapeutic approach, these experiences and skills are transferable and can be integrated into other areas of life. In our experience applying this process and creating a safe space helps students to become more settled, both in school and at home. Both these strands come together during our open days where everyone showcases our work to the wider community. Where bonds are built, barriers come down and prejudices challenged, making the Forest Garden an important part of the social glue that binds communities together.

ACHIEVEMENTS AND PERFORMANCE

ACTIVITIES AND ACHIEVEMENTS

Highlights of our year have included seeing more young people do well and thrive in our environment, strengthening relationships with schools and other great community partnerships, upgrading the garden to offer more flexibility for people to work, sit and socialise together, extending our wildlife observations across adjacent sites and involving more local people; and some outstanding outdoor cooking.

It's the stories that paint a picture and make a place special.

Where people use the garden as a stepping stone to further training and work, building their confidence and skills. "Forest Garden has helped me so much, giving me a purpose, somewhere to go during this pandemic, as well as for others, giving them a few hours away to embrace this little haven." After years unemployed J is now back in full time employment.

Where we can support youngsters struggling in mainstream education. A teacher at Brighton Aldridge Academy told us: "It has made a huge difference to C's self-esteem and confidence. It would be wonderful for other students to have the same opportunity, as I don't think we can underestimate the impact this has on our young people by giving them new skills and experiences outside of school, as well as achievements in an area which is not necessarily academic."

Where we look beyond people's disabilities and get everyone to work to the best of their abilities. An older ex builder and former addict and a younger lad with Down Syndrome building a fantastic relationship, with the young lad being encouraged to work hard and get stuck in while learning new skills. This has led him to start working at the Wood Recycling Project and the Green Centre in Brighton, as well as the Forest Garden.

5

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

We've been lucky that we work outside, with trustees and staff making the decision that people's mental health, especially those that live alone, was too important for us to close again due to Covid-19. So we rewrote risk assessments, limited numbers and have only supported those who are referrals from other organisations.

We never stopped working in schools in the pandemic, like the Brighton Aldridge Community Academy (BACA) where we not only work at school but offer one to one teaching at the garden to focus on qualifications.

G is currently taking his OCN level 1 qualification in Woodland Skills. This includes elements of natural history, woodland plants, trees and animals along with fire skills and woodland tool use. "G has the classic "cheeky chap" funny personality, which can sometimes mask the fact he really knows what he's talking about, particularly when it comes to the natural world." With conservation the second most white, middle-class occupation after farming, we will offer G the chance to work on our holiday schemes to gain valuable experience and help him get a foothold into conservation work.

Our deep roots stem from our work in the local community for 30 years, which means we can target and harass those that need support, but often don't ask for it and fall through the cracks. One young lad we'd worked with for over 4 years at Moulsecoomb Primary as our head gardener was able to transition from 1-1 with our outdoor instructor at the garden thanks to BACA's flexibility. "A has a great sense of mechanical comprehension; he gets how things work. This in turn gives him a great sense of problem solving that goes beyond his years."

We are working with the Restorative Justice service to help teenagers out. One of those is constantlyin trouble but her worker told us: "I have recently been bringing a young woman to the Forest Garden to complete some reparation work set as part of her referral order. When she attends the sessions, she is like a different person. It may be the only place that she is treated like the inquisitive, helpful young person she can be. It boosts her self-esteem by providing a space where she can be productive and helpful while also being able to express herself. The nature of the project means that there is little need to confine her or over-manage her ADHD. She loves it there."

We ran two summer holiday schemes for Moulsecoomb Primary School pupils, one Easter scheme and managed to get most year groups to visit during the school day, so important when so many have missed out on school trips for the past couple of years. We welcomed Moulsecoomb families to see the hundreds of frogs that were mating and spawning in our pond. One young pupil then immediately set about building a pond in her own garden and we supplied plants - and frogspawn.

6

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

We have continued to work outside at Moulsecoomb Primary School helping to maintain the spectacular school grounds as well as enjoying the benefits such as harvesting and cooking the sweetcorn over a fire in their forest school. The school has the first rain garden in the city, thanks to The Aquifer Partnership, and the best chicken coop to go with it. With Mark and his chickens weaving their magic, it calms even the liveliest pupil. Once again Mark managed to conjure up a horse and cart to visit the children for Christmas, with children feeding the horse and visiting Santa in his iron age grotto - with Year 6 even getting a ride or two on the cart!

Our Tuesday and Friday work days are very busy but with limited numbers - which means we all have to work a bit harder! We've designed more areas for people to work, eat and socialise safely together in smaller groups. Jo Pearson now cooks both days and has been helping a young woman from St Johns to develop her cooking skills over the year. It's a pleasure to see how her confidence has grown. She's a star and we will be sorry when her assignment ends, but we know that our work with her has paved the way to her next steps.

7

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Over the year the food has got better and better, as Jo scans the recipe books and always manages to make something amazing on a very tight budget. Highlights of the year have included the roasted cauliflower, sweet potato, spinach and chickpea bake (coated in lovely spices with coconut milk and lime); the paella and the amazing hearty soups, stews and curries, homemade breads and garden salads she creates, not to mention her legendary chutneys and pickles. Keep an eye on our social media for foodie updates.

Daisy and Warren have kept the garden looking good, and very productive and as well as feeding our own staff and volunteers we've been able to share our rhubarb, lettuces, beans and tomatoes with The Bevy's Friday Friends lunch club and other local groups.

We hosted a paid intern through the Kick Start Scheme, Anna, who worked both at the garden on work days and at the school on Thursdays. She also supported the holiday play schemes. This arrangement worked well for everyone, we valued Anna's insight and rapport with the volunteers, and we know that she will do well in her future career.

We brought our AGM forward so we could have it in The Bevy pub again outside. The Bevy is always so supportive - they even let a school chicken come along. We rounded off 2021 with an excellent outdoor Christmas lunch for all the staff, volunteers and a couple of special guests. And we finally had our 2019, and 2020 and 2021 Christmas team get together to say thanks to the staff and trustees.

8

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

9

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

We now have a report on Home Farm Field - a field just above the garden - thanks to ecologist and trustee Rachel. She spent the year with various wildlife experts and locals mapping the area to see what wildlife and plant life live there, and coming up with a plan on how to increase the field's biodiversity. We are now working out, with other conservation groups, the best way to take this forward.

We are currently planning to make the area opposite the cabin flat so we can increase volunteer numbers safely and host educational visits more easily. It will also give us the chance to market the cabin and garden to groups to bring in extra income. This already happens on a small scale. The council's fostering team who run art workshops for children in care and their foster families, said "thank you again for a wonderful afternoon. It was wonderful doing things we just wouldn't think of doing. Thank you again from some happy carers and some tired children."

So despite all the challenges we have stayed busy and flexible and ready to take on challenges - all on a shoestring - and (mostly) with a smile on our faces.

Please support our work to help us to be as sustainable as the food we produce!

Follow us

10

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2022

Financial review

Remuneration of Trustees During the year ending 31st March 2022 the Trustees of the charity performed their roles as Trustees in a voluntary capacity. No Trustees received any remuneration or expenses.

Funds Held as Custodian Trustee on Behalf of Others

We do not hold any funds as custodian trustee for any other individuals or organisations.

Reserves policy

The Trustees wish to maintain a level of reserves that would ensure the stability of the charity in the medium term, whilst maximizing the use of the charity's resources towards its charitable objectives. Therefore, they will seek to maintain adequate unrestricted funds which are not committed or invested in tangible fixed assets. The charity is committed to building a level of reserves which represent 3 months running costs.

Investment Policy

The charity has no investments other than its savings account with Triodos Bank

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Mr D Graham-Cameron Charity Secretary

11

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Moulsecoomb Forest Garden and Wildlife Project

Year ended 31 March 2022

I report to the trustees on my examination of the financial statements of Moulsecoomb Forest Garden and Wildlife Project ('the charity') for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

12

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Moulsecoomb Forest Garden and Wildlife Project (continued)

Year ended 31 March 2022

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.

N J Cadwallader FCCA For and On Behalf of David Cadwallader & Co Limited Independent Examiner

Suite 3 Bignell Park Barns Chesterton Nr Bicester Oxon OX26 1TD

13

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2022

2022 2021
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 17,419 30,782 48,201 52,856
Charitable activities 6 24,940 24,940 26,119
Investment income 7 8 8 22
---------------------------- ---------------------------- ---------------------------- ----------------------------
Total income 42,367 30,782 73,149 78,997
============================ ============================ ============================ ============================
Expenditure
Expenditure on charitable activities 8,9 65,688 30,782 96,470 82,395
---------------------------- ---------------------------- ---------------------------- ----------------------------
Total expenditure 65,688 30,782 96,470 82,395
============================ ============================ ============================ ============================
---------------------------- ---------------------------- ---------------------------- ----------------------------
Net expenditure and net movement in
funds (23,321) (23,321) (3,398)
============================ ============================ ============================ ============================
Reconciliation of funds
Total funds brought forward 16,467 6,026 22,493 25,891
---------------------------- ---------------------------- ---------------------------- ----------------------------
Total funds carried forward (6,854) 6,026 (828) 22,493
============================ ============================ ============================ ============================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 17 to 26 form part of these financial statements.

14

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Statement of Financial Position

31 March 2022

2022 2021
Note £ £
Fixed assets
Tangible fixed assets 14 2,142 2,823
Current assets
Debtors 15 1,395 10,636
Cash at bank and in hand 19,703 25,396
---------------------------- ----------------------------
21,098 36,032
Creditors: amounts falling due within one year 16 23,661 15,826
---------------------------- ----------------------------
Net current liabilities (2,563) 20,206
----------------------- ----------------------------
Total assets less current liabilities (421) 23,029
Provisions 18 407 536
-------------- ----------------------------
Net liabilities (828) 22,493
============== ============================
Funds of the charity
Restricted funds 6,026 6,026
Unrestricted funds (6,854) 16,467
----------------------- ----------------------------
Total charity funds 20 (828)
=======================
22,493
============================

For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The statement of financial position continues on the following page.

The notes on pages 17 to 26 form part of these financial statements.

15

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Statement of Financial Position (continued)

31 March 2022

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:

Mr D Graham-Cameron Charity Secretary

The notes on pages 17 to 26 form part of these financial statements.

16

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2022

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in and a registered charity in England and Wales. The address of the registered office is Community Base, 113 Queens Road, Brighton, BN1 3XG.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.

As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

(a) No cash flow statement has been presented for the company.

(b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

17

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

18

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

19

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Impairment of fixed assets (continued)

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in income or expenditure unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in the statement of financial activities in the period it arises, and is allocated to the appropriate expenditure heading.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

20

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Financial instruments (continued)

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The Charitable Company is limited by guarantee. Every member of the Charity undertakes to contribute such amount as may be required (not exceeding £10) to the Charity's assets if it should be wound up while he or she is a member or within one year after he or she ceases to be a member.

5. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Donations
Donations 12,419 12,419

21

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

5. Donations and legacies (continued)

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Grants
Eleanor Hamilton Educational Trust 5,000 2,000 7,000
Sussex Community Foundation 1,000 1,000
Brighton & Hove City Council
Ernest Kleinwort Charitable Trust 2,000 2,000
Other < £1,000
Allington Trust 10,000 10,000
Pebble Trust 4,000 4,000
Kickstarter 7,265 7,265
B&H Rotary Club 2,500 2,500
Government grant income 2,017 2,017
---------------------------- ---------------------------- ----------------------------
17,419 30,782 48,201
============================ ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Donations
Donations 19,136 19,136
Grants
Eleanor Hamilton Educational Trust 3,000 3,000
Sussex Community Foundation 3,040 3,040
Brighton & Hove City Council 6,237 6,237
Ernest Kleinwort Charitable Trust 1,000 1,000
Other < £1,000 250 250
Allington Trust
Pebble Trust 3,000 3,000
Kickstarter
B&H Rotary Club
Government grant income 17,193 17,193
---------------------------- ---------------------------- ----------------------------
19,386 33,470 52,856
============================ ============================ ============================
6. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Other trading activity 24,940 24,940 26,119 26,119
============================ ============================ ============================ ============================

22

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

7. Investment income

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Interest receivable 8 8 22 22
============== ============== ============== ==============
Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Staff Costs 50,189 28,282 78,471
Activities 4,197 2,500 6,697
Support costs 11,302 11,302
---------------------------- ---------------------------- ----------------------------
65,688 30,782 96,470
============================ ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Staff Costs 36,418 27,233 63,651
Activities 3,533 6,237 9,770
Support costs 8,974 8,974
---------------------------- ---------------------------- ----------------------------
48,925 33,470 82,395
============================ ============================ ============================

8. Expenditure on charitable activities by fund type

9. Expenditure on charitable activities by activity type

Activities
undertaken Support Total funds Total fund
directly costs 2022 2021
£ £ £ £
Staff Costs 78,471 78,471 63,651
Activities 6,697 6,697 9,770
Governance 1,144 1,144 627
Finance 3,887 3,887 3,339
Property 5,897 5,897 5,008
Governance costs 374 374
---------------------------- ---------------------------- ---------------------------- ----------------------------
85,168 11,302 96,470 82,395
============================ ============================ ============================ ============================

10. Net expenditure

Net expenditure is stated after charging/(crediting):

2022 2021
£ £
Depreciation of tangible fixed assets 681
==============
907
==============

23

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

11. Independent examination fees

2022 2021
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 744
==============
744
==============

12. Staff costs

The average head count of employees during the year was 3 (2021: 2). The average number of full-time equivalent employees during the year is analysed as follows:

2022 2021
No. No.
Administrative staff 1 1
Support workers 2 1
-------------- --------------
3 2
============== ==============

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

13. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

14. Tangible fixed assets

Fixtures and
fittings Total
£ £
Cost
At 1 April 2021 and 31 March 2022 8,429 8,429
======================= =======================
Depreciation
At 1 April 2021 5,606 5,606
Charge for the year 681 681
----------------------- -----------------------
At 31 March 2022 6,287 6,287
======================= =======================
Carrying amount
At 31 March 2022 2,142 2,142
======================= =======================
At 31 March 2021 2,823 2,823
======================= =======================

24

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

15. Debtors

2022 2021
£ £
Trade debtors 680 7,400
Prepayments and accrued income 715 3,236
----------------------- ----------------------------
1,395 10,636
======================= ============================
Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 571 250
Accruals and deferred income 20,144 11,844
Social security and other taxes 508 512
Other creditors 2,438 3,220
---------------------------- ----------------------------
23,661 15,826
============================ ============================

16. Creditors: amounts falling due within one year

17. Deferred tax

The deferred tax included in the statement of financial position is as follows:

The deferred tax included in the statement of financial position is as follows:
2022 2021
£ £
Included in provisions (note 18) 407 536
============== ==============
The deferred tax account consists of the tax effect of timing differences in respect of:
2022 2021
£ £
Accelerated capital allowances 407 536
============== ==============

18. Provisions

Deferred tax
(note 17)
£
At 1 April 2021 536
Charge against provision (129)
--------------
At 31 March 2022 407
==============
Government grants
The amounts recognised in the financial statements for government grants are as follows:
2022 2021
£ £
Recognised in income from donations and legacies:
Government grants income 2,017
=======================
17,193
============================

19. Government grants

25

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2022

20. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At At 31 March
1 April 2021 Income Expenditure 2022
£ £ £ £
General funds 16,467 42,367 (65,688) (6,854)
============================ ============================ ============================ =======================
At At 31 March
1 April 2020 Income Expenditure 2021
£ £ £ £
General funds 19,865 45,527 (48,925) 16,467
============================ ============================ ============================ ============================
Restricted funds
At At 31 March
1 April 2021 Income Expenditure 2022
£ £ £ £
Restricted Fund 6,026 30,782 (30,782) 6,026
======================= ============================ ============================ =======================
At At 31 March
1 April 2020 Income Expenditure 2021
£ £ £ £
Restricted Fund 6,026 33,470 (33,470) 6,026
======================= ============================ ============================ =======================
Analysis of net assets between funds
Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Tangible fixed assets 2,142 2,142
Current assets (4,328) 25,426 21,098
Creditors less than 1 year (4,261) (19,400) (23,661)
Provisions (407) (407)
----------------------- ---------------------------- ----------------------------
Net liabilities (6,854) 6,026 (828)
======================= ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Tangible fixed assets 2,823 2,823
Current assets 21,006 15,026 36,032
Creditors less than 1 year (6,826) (9,000) (15,826)
Provisions (536) (536)
---------------------------- ---------------------------- ----------------------------
Net liabilities 16,467 6,026 22,493
============================ ============================ ============================

21. Analysis of net assets between funds

26

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Management Information

Year ended 31 March 2022

The following pages do not form part of the financial statements.

27

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 March 2022

2022 2021
£ £
Income and endowments
Donations and legacies
Donations 12,419 19,136
Eleanor Hamilton Educational Trust 7,000 3,000
Sussex Community Foundation 1,000 3,040
Brighton & Hove City Council 6,237
Ernest Kleinwort Charitable Trust 2,000 1,000
Other < £1,000 250
Allington Trust 10,000
Pebble Trust 4,000 3,000
Kickstarter 7,265
B&H Rotary Club 2,500
Government grant income 2,017 17,193
---------------------------- ----------------------------
48,201 52,856
---------------------------- ----------------------------
Charitable activities
Other trading activity 24,940 26,119
---------------------------- ----------------------------
Investment income
Interest receivable 8 22
-------------- --------------
---------------------------- ----------------------------
Total income 73,149 78,997
============================ ============================

28

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Detailed Statement of Financial Activities (continued)

Year ended 31 March 2022

2022 2021
£ £
Expenditure
Expenditure on charitable activities
Purchases 6,647 9,770
Wages and salaries 80,571 63,651
Rent (2,100) 2,100
Rates and water 25
Repairs and maintenance 50 147
Insurance 5,216 1,825
Other establishment 30
Other motor/travel costs 746 255
Legal and professional fees 604 399
Telephone 1,943 1,208
Other office costs 1,604 1,900
Depreciation 681 906
Deferred Tax 245 (117)
Bank Charges 175 173
Refreshments 27 6
Postage 61 117
---------------------------- ----------------------------
96,470 82,395
---------------------------- ----------------------------
---------------------------- ----------------------------
Total expenditure 96,470 82,395
============================ ============================
---------------------------- ----------------------------
Net expenditure (23,321) (3,398)
============================ ============================

29

Moulsecoomb Forest Garden and Wildlife Project

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2022

2022 2021
£ £
Expenditure on charitable activities
Staff Costs
Activities undertaken directly
Wages 80,571 63,651
Rent (2,100)
---------------------------- ----------------------------
78,471 63,651
---------------------------- ----------------------------
Activities
Activities undertaken directly
Purchases 6,647 9,770
Direct charitable activity 2 - repairs & maintenance 50
----------------------- -----------------------
6,697 9,770
----------------------- -----------------------
Governance
Support costs
Accountancy 1,273 744
Deferred Tax (129) (117)
----------------------- --------------
1,144 627
----------------------- --------------
Finance
Support costs
Advertising and Marketing 25
Travel 746 255
Legal and professional fees 604 399
Telephone 670 464
Other 1,604 1,900
Bank Charges 175 173
Refreshments 27 6
Postage 61 117
----------------------- -----------------------
3,887 3,339
----------------------- -----------------------
Property
Support costs
Rent 2,100
Repairs and Maintenance 147
Insurance 5,216 1,825
Sundries 30
Depreciation 681 906
----------------------- -----------------------
5,897 5,008
----------------------- -----------------------
Governance costs
Governance costs - other type 1 374
-------------- --------------
---------------------------- ----------------------------
Expenditure on charitable activities 96,470 82,395
============================ ============================

30