COMPANY REGISTRATION NUMBER: 04334389 CHARiff REGISTRATION NUMBER: 1120073 Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees 10 Statement of financial activities (induding income and expenditure account) Statement of financial position 12 Notes to the financial statements 14 The followlng pages do not form part of the financial statements Detailed slatement of financial activities 25 Notes to the detailed statement of financial activities 27 Moulsecoomb Forest Garden and Wildllfe Project Company Llmited by Guarantee Truslees. Annual Report (Incorporaling the Directorfs Report) Year ended 31 March 2023 The trustees, who are also directors for the wrFrfJses of compary law, present their repKwI aThJ the unaudited financial statements ol the charty lor the year erKled 31 Mar(*12023. Reference and administratlve delails Beg￿tered chaty name Moulsecwmb Forest Garden and WhJlile Pr(iect 1120073 Charfty reglstrallon number Company registrali¢)n number 04334389 Princlpal office and registered c￿M￿nIty base 113 Ille￿S Road BrNJhton BN1 3XG The tmstees Mr D GTaham.Cameron Ms S P HowelL8 Ms J A Shergohj Mr M D Ardron Ms R Brker Mr R Blackman Ms R Smart Company setretsry Indep￿ examiner N J Catt4Yallader FCCA For arn1 On Behalf of DavKI Ca￿allader & Co Limited Suite 3 B￿ne11 Park BaTh Cheslerton Nr B￿ester Oxon OX26 1TD Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Truslees. Annual Report (Incorporating the Directorfs Report) {ct)nbTh Year ended 31 Ma￿h 2023 Structure, governance and Mana￿n￿t GOVERNING DOCUMEpir The organisation is a chaitta4e company limtted by guaramee. incorpmted on 5th December 2001 and registered as a charity on 13th July 2007. The charity is wvemed under its Constttution, adopted 13th July 2C4)7, and its Memorandum arKfj of Asswation ino)rpoTated 5 December 2001. as amended 12 Decembw 2006. Under its Constiiuti"on. the Tnjstees are elected al each Annual General Meeting by the Memt*rs ol the organ1sat￿￿ for a ortryear term. New Trustees can aL80 be rA)-opled at a General Meeting. Trustees dso act in Ihe capauty of Company Difeclors. The charty is run ty the Tr￿eeS who are eiiher bng term vdunteers or people chosen lor their expe￿'se arKI knowl&*e. In a(klilion lo the AGM, T￿￿tee$ meet al least four limes per year lo receive operational rewrts, review and agree tdicses and procedures. arKJ address issues around slralwic klanning. risk management and linartes. They delegate the management ol the charity to the Pioiecl Managei who is restK)nsible for the day to day wnnirNJ ol the charity, induding the management of personnel. the dlotment, arxj all Charitab￿ adiviJes. EMPLOYEES AND TRLISTEES The charity employs two paMI membets of staff.. Pat Beach who Y￿rkS as our Chjtdoor EdUCation￿￿hera￿1lC Praclihoner atKI Instruc￿.. aTrY Project Manager W￿ren Garter. They are supported by the servtces of a small grw of wofeswnal l￿da￿erS wth speciaist fiekjs of experti58. We have a regular ¢(￿k every Tuesday Friday (Jo Pearson) and a volunleer garden 1x).(￿dinal0r (Daisy Brown) on a Tuesday and (m a Thursday al mo￿8￿mb ￿lmary. The charity is govemed by seven volunteer Trustees: Susie, Julie. Duncan. Mick, Rachel. Ruth and Ross who LEfv•een them have many years. experierte of Volunt￿￿￿ and worknng ￿￿th the MoLFlsecoomb Forest Gaiden, arml are sympatr*tK aThY fuHy a)gaged with the ethos and ￿ntinUIng development ol the charrty. They meet as Trustees the Project Manager ￿ least four times a year to oversee the management ol the project arKI stte. to e￿Ure that pYJI￿leS and ryC￿edures remain cuirent and that the wider responsibilities of ensurirwJ regulatory a￿1 fIna￿al compliance are aJheraJ to. Trustees are in regular communubon, atxl suFp)rt beh#MI.th&sCW￿ in variou$ fvnctions inL4uding linarKial, admni. PR aThY HR. Several of the Trustees regularty attgnd as garden volunteers at ts aFbtment sile. so they are both visible and easily accessible to staff and sery￿e users. The stafl meet regulaty lo plan and reviw (yJrrent work, and we I￿ky regular foresl garden'L￿r group. forums where everyone is invrted to discuss their views aLK)Ut how Ihir¥Js work for them - in ihe spirit of Continu￿ improvement We r&Jul8rty review our suite ol tdicies that infomi the wnnillg ol the proieci. includiro our govemance str￿[￿re. whk* can all be found on our website. Moulsecoomb Forest Garden and Wildlife Project Company Limlted by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (ctm Year ended 31 March 2023 i NULTURI GOVERNANCE AND IAANAGEIEKr Govemlng documert TRusfEES Dun¢an Granham-cameron: "From a career background in IT and communutions I now work as a F)rolessional arehaeologist. I first became a volunteer in 2002 slK)rtly after I rnov￿ to BrKJhlon and soon after l joined the Management Committee before becoming a Trustee when I helped lo corwert the organisalion irrto a Charity. As weH as playiThJ an ￿tIVe rde in harKls-on vdunteering at the g*den whenever my work ￿loW$. I manage the day lo day tsxial tran￿ti￿S a￿1 wovth oth administrative surp ￿ from home.- sle Howells: "l••trth a 25-year backwnd in envIr￿nental management. sustainabilty and corFX)rate res[x)nsi￿lty in both yrvate and putAic sectors. since 2018 I've been partsEYship rnanager for a groun0Waierqu￿ty project. as well as my own sustainabtlity business. I started volunteering al the Forest Garden in 2012 and have never loctsl back. Now chair ol Trustees. 15UPPDrt the team's wo with anythiThJ from gener￿ weeding, lo bJilding up networks and support for our work across the cty, lo UFKJating ourgovem8nce arKI policy framework to make sure we all V￿rk safely and effectively. l LEsually come up every week. ￿ it's a real t￿￿)St to work cMrts•Je. arKI with some amazing peO￿e." Julle Shergold:-I've t*en a Bookkeyr lor over 25 years. workirwJ with Voluntary Groups both as an Employee ar￿ as a Trustee. As Treasurer for the Forest Garden I keep the accounts up lo date on a monthly basis and prepare the ￿antial det￿￿ lor this reFAIrt and arn proud to be part of sl￿ a brilliant prO1￿t." Rachel Bicker: "As a lif8bng Mldlrfe enthusw, the conseTvalK>n ol nalure and green spaces is a bit part ol my ethos. I gain￿￿ a Bsc Z(x)kw and a Mastets of BKskxJtal ScIe￿e5 Research before going on to work in the wildlrfe conservation seclty. a biorfNeTsty (#)nsullant lor Gatw￿k Airport I work in a highly dynamic environment wtth high wlenb.al lor hLwnan aThY wiklljfe conflict. fortunalety I play a positive role in preverrting and aJlevialirKJ issues. I was introdwd to the garden in in 2017 by chair of trustees Susi8, and l LEcame a trustee in late 2018. 1 was huhty imiyeswl by the way the garden was being run arKI the COllSKleralion given lor wldlife. The dr¥ersity of species occurying on site is very high and marks it as an important gr￿n space wrthin Brijhton. My goal is to he￿ record as many plant, animal atKJ lungi species on as PLL8StAe in order to Info￿ the stte aclivibes. for maximising the benefits to wikdlife." Mick Ardron:-I have empbyed by BrMJhton arKI Hove CÈty Cwncal lor over 22 years working in a small team suppcA1ing people witti learning disabilrties in their own homes. Over that time one of the biggest problems I have enc￿nter￿1 that large numters ol pecwe with leaming disaknltties aro isolated ar￿ seem lo have no sense ol beloroing in the communty. Many experien￿ menlal health issues as a result ol this arKI leaj urifuLfilling INes not being able lo reach their wlentkal. Since November 20151 have been voluffleering al the Moulsecoomb Forest Garden arKI I have been incredibly impressed by such a resource fof people with ￿aMIng disablliiies and other pecf)le with or wtthout disabilitw come togetherdoing such mearmnglul activrnes in awelcoming, non-judgrnenl￿, fun environmenl. Here people are encouraged lo devdop thw skills. meet other F￿￿e in a relaxed. beautiful environment whith is Iruly communrty based." Moulsecoomb Forest Garden and Wildlife Project Company Limiled by Guarantee Trustees, Annual Report (Incorporating Ihe Director's Report) Year ended 31 March 2023 Ross Blackman has worked for a national charity provwjing debt athce for the last 13 years. He has found most of his ciients have some e￿ierrt of mental he￿th problems and wanted to do more to help SLPPK)rt exduded members of our communty. He has a parhcuL4r interest in the outdoors and how woodlands FYOVKie a sanctuary for us ￿1. He aLw likes cups of tea. "I was looking lor a new challenge arml found the forest garden. I was imwessed ty how al garden all are acceoed for what they have lo offer, arhj the focus L% oll wofking t(￿ell￿ to achieve the goal with everyone I￿aYing their part. l am proud to be involved in such a lun, t*)sitNe. I[￿S1Ve, c*ganisation.- Ruth Smart is a woiect cwdlna1￿ at the Brighton & Hove Fo(xJ Partne￿hlp, and our newest trustee, having been elect￿1 to the tr￿>ard of trustees in 2022. When Mt eatinglgrowingltalking aEx*ul l(N)d, she can be lound either climbing some r(th. LY organ￿￿￿j LLI workshops aThJ gigs lor th8 cty's women + gender minority communtty. 'With the excuse that I haverF't gotten used to the chalky soil in Bn"ghton yet and thus can't grow food . my own garden, I started volunteerirKJ for the Forest Garden in 2022, suppothng other people to plant food in chalty soil. Before geth.ng involved at the garden, I ynt many years volunteering in communtty kitchens. food banks. arKJ gardens in Sheffiekj. I redly think there's something special al Moulsecoomb Forest Garden. and woutd love to see more ￿pIe krK)w a￿lrt the amazing work that goes on here-. Oble¢tlves and acllvltles The tru*ees who are also directors ol the charTty for the wrposes of the Companies Act 2006, present their rewrt with the financial statements of the charrty lor the year ended 31 March 2022. The trustees have a(k)pled the provisions of A(£OLtnting arKI ReFQrting by Chanties.. Statement of Recommended Practice aWlIcab￿ lo charttt&s preparirKJ their a(xx)unls in accordall￿ wth the Financi￿ ReFK>trting Standard a[pl￿le in the UK arxl Reputrf￿ of IrdarKI IFRS 1021 {effeclp4e 1 JanLWy 20151. OBJECTIVES AND AcnvmES The Moulsecoomb Forest Garden aTrJ Wiklife Prqertis a small Bnghton.t&sed charty. (hjr project has dÉslinct strands.. working with schools lo provKle an altematwe route to pu￿1$ who struggle in a typtcal classroom setting; and running a genuinely inclusNe communty garden. fftvotvtng people of dl abilities and Ir￿ all backgrou￿.. gardeniw. cooking arKI working iryjether. AIMS 1. To plor￿te sustainable developm￿ for the benefft of the puLlic by ts relel ol wvety and improVen￿nI of conditions of life in swally or e(X)r￿MI¢￿￿ disa¢fvantaged wmmunilw" and promoting sustainable means ol achieving econom￿ and s(￿la1 growth arKI regeneration 2. To thance Ihe edwtion ol Ihe public tn the subject ol yJthnAtrAe development and to provide Yucalion and tra￿lIng where needed in wmo1ion of sust&nable development projects. 3. To corKJuct research into s￿￿tainab￿ devehJThnl ￿ lo disSeMw￿e the useful resufrs of such research lor the public benefft. Sustainable develcynent means "devek¥menl that meets the needs ol the present wilhoul comwomising Ihe abtlity of lULU￿ generations io meet their own needs" Moulsecoomb Foresi Garden and Wildlife Project Company Limited by Guaranlee Trustses, Annual Report (Incorporatlng the Director's Report) {Conlin￿l) Year ended 31 March 2023 OBJECTIVES The wincipal 0￿.e¢lIveS of the charity are to: 1. Red￿ anti-social tthaviour ty invdving excl￿ in the runnirw ot the gaiaen. 2. Improve community heahh by offwry free. organtc and localty gruMI vegetables to low Ir￿ome families. 3. Enhance skills and eMi￿oya￿1ty tsy ollerw prtha baseo traning and Volunte￿1}g opportunf£ies. 4. Get children invclv&l in FAantiTrJ, gr(rthiro 8rKI eating healthy ILXKI. and re¥￿il1Va n*ure arKI the environment. 5. Create and enh8n(* ￿ld1[[e hatmtals. t¥0t￿ting imodrversity inclLMliw heritage vegetable varieties. 6. Promote suslainabfe lifestyles, by encoLTrraging and educating people about coMw￿l￿ and the benefits ol organK gardeniNJ arxl IL￿￿lY ￿luced IoL¥I. VALUES The Moulsecoon*J For￿ Garden and Wikjlrfe woject was estatAlsh￿I in 1994. Set on the outskirts of Bngmon in a large cornmunty gafden, our wo1￿1 has two distir￿t strands. Regular workdays on our nine alloknerrts cateT lor up to 70 [￿PIe and 70 wpils a week offering quaIrf￿*10ns to youThJ people who may not olheFwise have the opp)¥bJnrty. This prO￿ss. wh￿h can be leamer-w, ur¥je￿IrL% the stLKknfs sense of welbeing and overall posilwe leaming expe￿￿e. h demarmjs a holistic overview, cb)se coMmunut￿n with schools. key wotkers. parents and carers. a￿1 regular handovw and feedbad( of infomiakn"on, back￿ up by Progress reports IrackirnJ indTrvrdual aims ar)d d4ectNes. Responsitxlrty. trust and evenlualty leadership ￿aY a bg role in personal development. (ksr therapeutK prO￿S erwes young p￿e diagnos&Y with leamirg drffKulbes swh as Autism, AS￿rgeT Syndrome, Dyslexia and ADHD. who have had ChaI￿￿eS in life, or who M￿ttt have behavioural or Ment￿ health issues. Ushig a ther￿￿￿ atproach. these experiences and skills are transferable can t* integiated into oltr￿r areas of life. In our exper1er￿e aFplying this pro￿$$ aTrJ creating a sale space helps slu(knts to t*come ￿Ore seltled, lJ)th in schod and at 1￿Me. Both these strands eome tojether duiing our open days where everyone showcases our wc*1( lo Ihe wider )mmunity. Where bonds are built. barriets ￿ne ijown aTha weILKI￿ ch￿Ie￿. making the Forest Garden an imFK)rtant part ol s(Kial glue that birKls Communrt￿ l(WheT. Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Trustees. Annual Report (Incorporating Ihe Dlrector's Report) Year ended 31 March 2023 Achlevemenis and per10rnw￿e AcnvmES AND ACHIEVEMENTS Il's not just at￿ut the nuwlthrs t*rt here's a few fuures shine a ￿ght on what we th. 11 cost just £7,580 a month to keep the Forest Garden ooing. For that we delNer: Two weekly woth days at the gatden which over 50 people attend, the maiority wrth ￿MIng dÈsabilities. Everyone gets a tasty, nutrttious hOme-￿*ka1 lunch lo say thank you lor volunleering Outdoor one-lo-(M* edwion lor PUFxls sttuggling at schcx)l at the garden Working with 32 pupils a week al Brighton Adridge Communty Academy IBACAI 30 pupils a week at MOuL%eco￿￿b Prirnary Plus school trips, and an endless stream of visitors from other wmmunity gardens, students, researchers and more bokirvJ al the benefits of OLrtdoor leaming. Bul these numbers mean nothing, without the slorw behirmy them. One achEvemenl I'm re&ly Fyoud ol is the way the gaTden provides opwrtunities lo people who often find dLM)rs sLammed shut in their laces. A from Si. Johns C￿l￿e worked with Jo (￿kÈng mea15 on a Friday. and they said.. "I went ori a Friday for about 6 months. I got lo know all the volunieevs and leamers really well ar￿ they are very th"endly as rt is such a relaxgd atmosphere. I was cooking on an fire in all kinds of weather. 11 was such a g¢xd experience. my time al Foresl Garden made me n￿re corffidenl and independent. I really enjoyed It. I woukl r￿Ornmend it to ottErs. tt's been a g(￿d oP￿nnY to leam new skills that will slay with me fo¥ life. The pupils we work wtth strugjle in the cl&8srcMyn t￿1 often excel OLtsKle. gainro confidencÈ in their at￿litIeS and eaming qu￿￿eal￿Jns. One ofthese is H. 'H has a natural, mature approath lo tools. stays focwsed when learning something new. li%tens lo insiructions and asks questions rf he doesnl understaJKJ. He has a great eth of not giving up arml probtem solving, ￿uS a ￿al passion lor WOTking ouldoors. turning up lo the sessions whatever the weather. H& has ￿s0 shown enthusiasm inwothng towards a qUalIf￿ation. H has afrierKIty personalty showing a (Wi of uThJwstandiNJ towards 0￿￿r$ k¥0}￿. ah¥ays polite. a gr ambassathr for BACA." Whafs more telling is the respK)nse from the head of BACA -since workiThJ with Moulsecoomb Forest Garden. H has shown a comp￿ete change in tmjth his malurtty arxj the way he ￿S￿￿ts lo trf)Ih adults and students. ment￿l￿g and 1.1 Sup[￿ FKOVKled has onty improved his LxJnlKlence, but also his skillset. withc￿t this pr(MJramme. Ihis student woukj be exc4uded from educat￿n." With many pupils Struggling to find vduntger opwrtunities as part of the [￿ke of Edintmjrgh awards. we will be running sessions at the garden lo hdp them Com￿ete them . wth H I￿pir@ us lead those sessions. Olle young woman cameto us from the ReStoratweJUs￿e wogTamme. Atthough herdomestic situation has become more lurbulenl arKI she is now in care. her time al the woiect has gone trom strength to streruth. 'Whereas initially she was i￿1rf1ere￿t and unengaged. she is now so enthusiast￿, always comes for the SeS￿On and inieracts with all ourvolunleers. mostwho have ￿arnIng difficulties. She now works hard wllh any given ins1n￿tion. g&￿Tring or helFMng cook and she is completing an AQA qualifi￿1￿)n whtch very hdpful as she hasnl spent of the &st year in formal gjuca￿n.- E will be helping us with thi8 yeafs Easter holiday stheme. Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guaranlee Truslees. Annual Report (Incorporating the Director's Report) icryrfiwod) Year ended 31 March 2023 We've been working with a Y￿Tr) lad in Year 3 from Moulsecoomb Primary. He loves coming to thg Forest Gar(len, a￿ayS getting St￿ En Y￿th a bu smile on his la￿. But as soon as I take him back lo hool. his demeanour changes. Il's not the schoofs fauh. txjt an education system that is an outdated academic straitjackel tyiry lo rrt far many square pegs into round holes. We can provKJe the oH)ortunty lor those pupils to leam crit￿1 skills, and while demand for our outdoor Jucalth)n is growing, iys fFU5tratiw Ihal we haven't gol the resourc*s to nTreet that demand. Because given the chan￿. these youngsleTS are the Whvironmentalists, countyshde rangers. wildlife conservationists and Outdo￿ teachers ol the hjture. Routes into the W￿ld of wildlife eonservati)n are lirnited. arml many do not have the family help, conneclior6 orfinancial suppN)rtthat others benefrtfrom. To this we have been worknng wtth colleges and olher wovth lo offer akventK*shw aNJ training to get them a IcM)thold in conservation. In the garden ilsell, thanks to an army ol grafters, we Iransf0m￿l the area opyjsite the caL¥n whKh is rx)w flat, has besFthe tables. flower beds - and amazing view across the valley. It had ils debut at our orEn day in July. which was the best ever. with our volunteers and pupils running the gate, doing tours and helFMng with the cafe. The new spac* wneans we can accommodate school trips during workdays th the of getttrKJ every year group al MouLsecoornb Primary visiliThJ al least twice a year, building on the skills and knowledge they leam from us when we work al the school on ThLErsdays. bringing their ¢urriculum suty.ecls lo life. We have also revamped our sensory garden for volunteers who need a quieter space to work wrt in railiros al0￿￿ place to hdp wilh access. We have 4xntlhEyear wcthng on Iro)megen￿atsVJ schemes. I￿Sing on hirirvJ oUrSp￿, volunteer tribub"ons, our Friends of the Forest Garden schen* arm1 other (k>nations. This is important in our financial sustainability. and this Icoelhw wilh ineome from ts serv￿eS we proviye lo schools aTh cx)ntinuing to build strong relatK)nships wthlunthng organisations has strewthened ourfinawal stabilty lor the coming lew years. We ran Easter arxl summer holiday schemes for Moulsecoomb Primary chiklren. We've had ducks hiding in our pond. the Carers. Centre LisÉro the place for play therapy lor chiklren in care, wple hiriry us lor lunch clubs. a festivd show ￿ finatly our end ol year Christmas party wth over 50 people enjoying dinner thanks to our ccok a veg chopping army ol volunteers. Thanks to our team. we thays l(¥)k to improve what we do. Our Trustees a￿1 staff work lytllianty lojether io make the Foresl Garden a continued success, weIl.resF￿rted arKI wellunting Unrests1￿ funds are a¥a￿￿e for use at the discrelK)n of the trustees to further any of the d7arity's pup)ses. Des¥Jnated funds are unresbKl&l lunds ea￿￿￿ by Ihe trustees Partm￿lar future proieci or mmiiment. Reslricled funds are subieded lo restricti(W￿ on #*Irey￿ArtUre declared ty the donor orthrough the terms of an akyal. and I￿1 into one ol two SL*pdasses: restitted income funds or endowme fvnds. Incomlng resources l incoming resources are in the statem￿t ol financi￿ actsvit￿$ when entillemenl has passed lo the charity,. it is probable that the ￿0￿orni¢ t*nefrts a&socialed wrth the Iransaetion will flow to the chartty arKI the amourrt can t* reliabty measur&J. folk)wing specilio poI￿leS are applied lo particular Categor￿ of income.. irKwie from donat￿n$ (Y gyants is re(wnised wthen there is eVIde￿e DI entiuewnent to the gfft, receipt ts Wobal￿e and its amount can rneasur￿ reli￿. legacy inc(xne is reLwnised v#hen recew Trs and entitlement is established. itxome from ¢knated is measured * Ihe fair value of the goods unless this is iMpract￿al lo measure reliabty. in whKh (ase the value is derNed from the cost lo the donor or the estimated resale value. Donated laciltb.es a￿1 services are reccKJllised in the accounts vthen I￿eNed if the y￿￿e can L* reb*y measured. No amounts are included for clintr￿U￿on oi generat vthunieers. incom8 Ir(¥n (x)ntracts for the suppty ot servKes is reC￿3n1sed with the delNery of the contracted servi￿. This i% ckssified as unTestrtct&l lurKts unless there is a wntractual r￿U1remenI for it to spent on a parbcular KXJrr￿e arKI retumed rf unspenL in which case bt may be regarded as restsicted. 15 Moulsecoomb Forest Garden and Wildlife Project Company Umited by Guarantee Notes lo Ihe Financlal Statements Ic(¥M Year ended 31 IAarch 2023 Accounting pollcies EX￿￿lItUre is recognised on an accruals basis as a liatrAIty is incu￿ed. Expenditure indudes any VAT which cannot be fully recovered, arml is dassrfied urKler headings of the slalement of financial acaivtbes trj wlich it Telates.. expenditure on r￿s1￿j funts indiJ(ks the ujsts ol lUr¥jr￿Wng actiVTtses, events, non- arIt￿e Irading ￿"vIlIes. arKJ the sth of (bnated gocmys. expenditure on charrtable actiwtres inclLKles all o)sts incurred tsy a Ctt8r￿ In {Jnaena￿ng activities thal lurther tts charitable aims lor the benefit of its bene￿lar￿s. inciuding those support costs and costs relatiTrJ to the governa￿ of the charity aFVJrtion￿l to charitable a¢t¢vilies. other expe￿lit￿re incI￿￿e$ 11 eXperNJi￿rethat is neitherrelated lo raising fuTrJs for the Charity nor part of ils experKliture on Charitab￿ athitss. All costs are ajkmxled to ex[￿lIttlre ￿tegOrieS rellectiThJ the use ol the resource. D￿￿1 costs attribuiatAe to a single activty are allocated (threclly to that activity. Shared Costs are apportioned between the acttvities Ihey ￿ntrIbUte lo on a reasonable. sustylk4tAe ar￿ consistent ba￿.$. Tangible assets are inttiajty rec(*ded alcost, aNI subsequentystated alo)sl less any accumulated depreoation arKI imw¥menl losses. Any tangible assets carried al revahjed amounts are recorded at the lair value al the dale ol revahjah.on subsequent accumulat￿1 depreciation and subsequent a￿UmUlated impaKment lo&ses. An increase in the carwry amount ol art asset as a resull of a reV￿￿ali0n, is recognised in other recognised gains and losses. ￿￿e$S rt reverses a charge for impairFnenl that has previwsty been rwnised as expenthtLtre ￿rythIn the statement ol financiat aclivilies. A deuease in the carryirnJ amount ot an asset as a result ol revaluation. FS rec(xJnised in other recognised gains and losses, except to which rt offsets any previous revatuation gan. in which case the loss is shown within other recogfiised gains and losses on the str1em￿ of financial aCti￿ti.eS. Depreciation DeFY￿lation is calwlabj so as kn ￿lte ofl the ￿$1 0rvajuatir￿ ol an a&sd. ￿ ils res￿￿al value. over the uselul econom￿ lrfe ol that assel as follows: ￿￿t￿re8 and It￿ngS 25% red￿Th) bakne Impalm￿nI of fixed assets A rewew for I￿l￿alOrS of impairment carrr&l i)ut ￿ eath rewrting date, wilh the recoverable amourn being estimaled where such indralors e￿$t I￿There canying value exceeds the recoverable amouni. the asset is impaired ac¢x)rdingly. Pr*)r impai￿ents are also reviewed lor posstt)Je reversal at each reE￿ing date. 16 Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Notes to the Flnancial Slatements (t¥ Year ended 31 March 2023 Ac¢owthng policies ic IM￿1rmenf ot flxed assets For the FAJtposes ol impwm￿nI testwig. when il not wssible lo estimate the recoverable amount ol an Indiv￿lua1 asset, an estimate is made of the recoverable amount of the cash%eneraling untt to which the asset bebngs. The cash-generaltrNJ unit i8 smallest Klentffiable group ol assets that includes the asset aThJ general&% cash ififiows that largely indeFendenl of the cash inflows Irom other assets (¥ groLV ol assets. For impaiiment lestirvJ of goc#**ill. the gothrill acquired in a ￿lsinesS Combinati￿ is, from the acquisition date. alrocat￿l lo each of the cash%eneraling unrts that are expected to benefit from the synefgres ol the combinalin. irresFeCtive ol whelher other assets or liabilrties of the charity are &*signed to those units. Governmgnl grants are recogniwl al the lairvalue of the a￿t received or I￿1vable. Grants are not recognised Unt￿ there is reasonablg assura[￿e that the cFwity will ￿m[AY with the condilh)ns attaching to them and the grants Mll b& recewed. r( is recognised in income when the gfanl tYo(* are I￿1ved or r￿￿the. Where the grant does [M￿se specth.ed fulure pertormar¢e-reSated condiiNJns on the recpienl, it is recognised in income only when the performanc&related condttions have been mel. Where grnnls r￿1Vea are prior to satisfying the revenue re(wnifion cnteria. they are reCD3ni￿ as a liability. Pro¥lslorn% Provisions afe recognised when Ihe enlty has an obligalion at the reporting date as a resutt ol a past event, il i8 wobthe that the entity will be req￿red to transfer economic benefits in settlement and the amount ol the obligat￿n can be estimated rdiat4y. ProvisK>ns are recryJntsed as a liability in the stateinent of fina￿￿ wsibon and the an￿U￿1 of the kY0ViS￿n as an expense. Provisions afe initidly measured al the best estimaie ofthe amount requir￿1 to se￿8 the obl*Jation at the rep￿Ing dale aTKI sutwuenity revivwed rep(￿l￿g dale and adjusted to relle¢l the current be￿ estimate ofthe amount that woukl be required to setNe the (i)ligalion. Any adjustments to the amounts preVI￿sty rewJnrsed are recognised in irnx)me or expenditure unless promsion was originally recognised as part of the cosl of an assel. When a provisK)n is measuied al the present value of the amount exF*Cl￿1 to be required to settle the oNigation. the unwinding of the discount is recLyJnised as a finance cost in the slalemenl ol linanLial activiknes in the period il aises, arKI Is ￿loCated to the apprryiale expeThJilure headK¥J. Financl81 Instrurbmts A financial asset or a financial liaknlity is re(#)grNsed onty when the charity becomes a paty to the contractuaj provis¥)ns of the In￿rument. Basic financial instruments are irit￿llY rectsjnised al amount ￿1vab￿ or payatAe any related transth costs. 17 Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Notes to Ihe Financial Slalements Year ended 31 March 2023 Accounting policies Financial instruments Cuffenl assets and current I&￿IlitIeS are subsequentty measured atlhe cash orotherconsideration ex[￿ted to be p￿d or r￿￿ed arxl not discounted. Debt instruments are subse(pJenty rneasur￿ al amortised COSL Where inV￿ents in shares are wbl* traded or theif I￿r vajue can otherwise tr* measured reliably. the investrnenl is subwuenlty measured al fair value with changes in fair value recognised in income and eXpe￿lit￿re. All otFw such invesbnents are subsequently measured at cost less impaifmeni. Other fina￿la1 instruFnents. induding derivalives, are iniknalty [￿nised al fair value, unless paymeni for an asset is deferr￿j LEyond normal business terms or financed at a rate of interest that i8 not a market rate, in which case thè assel i8 measur￿1 at the presenl value of the fLrture payments (￿￿OUnted al a market rate ol inlerest frK a simfjar debl inslrumenl. Other financial instn5ments are SUbsequen￿Y measured al fair value. with any changes recognised in the statement of finantiai athivibes. with the excepti(￿ of h&*Jiro w￿l￿ments in a designated I￿(kJing relationship. Financial assets that are measured at ¢))st or amortlsed ¢￿t are revieV￿j lor Obl￿tiVe evide￿9 ol irnpatnnent at the erKI ol each repKJrtTrng date. If there i% 0￿&t￿e evId￿ce of impamient, an impaiment loss is reec4Jnised the appropriate heathng in the statement of financial activities in which the initial gain was reccNJnised. For all equity instruments regardless of svJnrfthKe, and other fina￿la1 assets that are indtvkjualty signrficant. these are assessed irxlNKlually for impairrnent. Other thnancial assets are either assessed i￿lIV￿lUa1ty or grou¥*d on the basis ol similar credit risk characteristics. Any reversals of inv1m￿nI are rwnised IMM￿￿￿￿telY, to the ex1enl that the reversal (k)es not result in a carrying amount of the finanryal assel that exceeds what the canying amount wovkl have b8en had the IMpw￿8nI r￿1 weviousty twn reccwiwl. Llmlted by guarantee The Charitable Company is limited ty guarantee. Every member of the Charity undertakes to contribute such amount as may t* required {r￿t exceethng £10) lo the Charity's assets rf il shoukl b8wound upwhile h8or she is a member or within one yearafter he orshe ceases lo a memb8r. Donallons and legac Unrestrthd Restricted Total Funds FuThJs FL¢nds 2023 Donations 24.617 24,617 18 Moulsecoomb Forest Garden and Wildlife Project Company Llmited by Guarantee Noles lo Ihe Financlal Statsments {c Year ended 31 March 2023 Donations arKI legacies (c Unrest￿ed RestrKx￿l Ti)tsl Fund$ Funds Funds 2023 Grants Eleanor Hamilton Educational T￿￿t Sussex Gommunity Foundalk)n Chatrk Cliff Trust 8righlon & Hove Cty Counc Fonthill Foundation Ernest Kleinwort Chariithe Trust Other < £1,000 Ajlinoton Tr Pebble Tru ckstarter B&H Rotary Club Govemment grant irKome 5.000 4,768 5.000 9,768 5,000 7,100 6.500 5,000 5,000 7.11YJ 6.500 200 10,000 4.200 10,000 4.200 Unrestricted Furmts Restricted TO1￿ Funds FurMIs 2022 DonatM)ns 12,419 12.419 Grants Eleanor Hamillon Edueationd TrLt%t Sussex Community FoUndat￿n Chalk Cliff Trust Brtghton & Hove City C(xJnal Fwthill FourKfation Em8sI Kteinwort Ch￿Itati1e Tnjsl Othe¥ < £1.000 Al￿ngton Trust PebtAe Trust Kickstarter B&H Rotary Club Govemmenl grant irwme 7,000 10,CM)O 4,(X)O 10.000 4,000 7,265 2,500 2.017 2.017 17.419 30,782 48,201 Charitable acllvtfie5 Unreslricted Total Funds Unrestwed Total Funds Fu￿lS Funds 2022 Oiher tradir¥J acts 24.940 24,940 19 Moulsecoomb Forest Garden and Wildlife Projeci Company Limited by Guarantee Notes to Ihe Flnanclal Slalements (c(Y**￿) Year ended 31 March 2023 Investment Income Unrestricbj Total Funds UnrestrKXed Total F￿ndS Funts Funds 2022 Interesl r￿eNab & Costs of raisiffj donalkTh and legacies Unrestricted Total Fund9 Unrestr*cled Total FurKJs FurKL8 Funds 2022 Costs of Taising ,189 4,197 11,302 28.282 2,5C 78,471 6,697 11,302 30,782 96,470 10. Expendlture on charilable acllvltles by actfvity type utMJertaken &w)rt Total funds Total fvnd 2023 2022 Staff Costs Activrt￿S Govemarte Finance Property 80,195 80.195 8.886 674 78,471 6.697 1,144 3,887 5,897 374 674 3.537 3,537 89.081 7,905 96.470 Moulsecoomb Forest Garden and Wlldlife Project Company Limited by Guarantee Notes to the Financial Slatements Year ended 31 March 2023 11. Net in¢omelleXw￿•turnj Net i￿o￿e}(e￿rKIrtVreI is stated after charli￿[￿￿￿11r*J). 2022 Depr￿latiOn of iangitle fixed assets 510 11 IndepeThknt examlnalion fogs 2023 Fees payable to the indeperKlent exarniner for: Inder￿￿ent examination o11he financial statements 744 73. Statt Costs The average head count of emFloyees during the year was 212022: 31. average numb8r of lull-time equlva￿nt employees ounng the year Is anaiysed as ioiiows.. 2022 No. Adminislratwe staff SupFWt workers No em￿￿OYee recwved emFknyee tenefits of more Ihan £60.LI)O (￿rIng Ihe year12022: Niti. 14. Trustee rgmungratlon and expwws No remuneration or olher bweffls from emFAoyment with the tharity ￿ a Tdated enlty were receiv&Y by the Irustees. 15. Tangible fixed assets Fsxlures arKI fftlings Total Cost At 1 WI 2022 and 31 March 2￿ Depreciation Al 1 April 2022 Charge for the year At 31 Mafch 2023 8.429 6,287 510 6,287 510 6,797 6.797 Carrying amount At 31 klarch 2023 1,632 At 31 Marth 2022 2.142 2,142 21 Moulsecoomb Forest Garden and Wildlife Project Company Llmlted by Guaranlee Notes to the Financlal Ststemenls Year ended 31 March 2023 16. Debtors 2022 Tiad8 debtors Prepayments atKI irK) 3,880 715 680 715 4,595 1,395 17. Credllors: amounts falling due Tmllhin ong y 2022 Trade creditors Accwals and deferred Social security arvj olher taxes Other cre(fitors 571 20,144 19,759 3.077 23,709 23.661 1& Deferred L The (kferred lax in Ihe statemwrt of financial wsition is as follows: 2023 2022 Induded in provis#)ns (note 19) 310 407 The deleffed lax account Co￿￿￿ts of the lax effect of timiffj (fifferences in respect ot.. 2022 Accelerated eaFxkl ￿lowar 310 407 19. Provislons Deferred L note 18) At 1 Awil 20 Charge agatnst tmision At 31 March 2tr23 407 197) 310 20. Govemment grants The amounts reC(￿nIsed in the finan(aal statements for wvemment grants are as follows.. 2022 Recognised in income from donatK¥ns arKI *: Government grants irKome 2,017 Moulsecoomb Forest Garden and Wildlife Project Company Llmited by Guarantee Noles lo the Financial Ststements (Conl*￿1} Year ended 31 March 2023 21. Anatysls of charltable funds Unrestricted lunds At 1 Awil 2022 At 31 March 2023 Income Eyndrture General lunds 16.8541 67,247 (S3.￿0) At 31 March 2022 l Awil 2021 General funds 16.467 42,367 165,688) {6.854} Rgstrlcted funds At I Pwil 2022 At 31 March Inc(M7)e Expenthture Restricted FUTh 6.026 144.0261 Al 31 March 2022 1 2021 Irwrne Expwditure Restricted Fund 6.026 30.782 130,782) 6,026 22. Analysls of nel assets l*tween funOB Unreslricied FuTrts Restricted Total Funds Funds 2023 Tangl1￿e fixed assets Current assets Crthyilors less than 1 year Provisions 1.632 10.720 (4.7091 1310} 7,333 1,632 29.720 I￿,709) 13101 7,333 19,000 119.000} Unrestrmxed FurKIs Restricted Total Fur￿$ Funts 2022 TwitAe fixed assets Current assets Credttors ￿ than 1 ygar Provisions 2.142 14.3281 14,2611 140n 16.8541 2.142 21,098 123,6611 14071 1828) 119.400) 6.026 Moulsecoomb Forest Garden and Wildlife Project Company Llmiled by Guarantee Management Information Year ended 31 March 2023 The lollowing PAges do not form pBrt of Ilnancial statements. Moulsecoomb Forest Garden and Wildlife Project Company Llmited by Guarantee Detalled Statement of Financial Activities Year ended 31 March 2023 2022 Do￿tIons and legacies Donations Eleanor Hamilton Edwlional Trust Sussex Communtty Founda￿ Chdk Cliff Trust Br*Jhlon & Hove Ctty Counol Follthill FoUndat￿n Emest Kleinwort Charitatk TnKst Other < £1,C Ajlington Trust pet￿le Trust Kickslart8T B&H Rotary Club Goveinmenl giant irKX)me 24,617 5,000 9,768 5,000 7,100 6,500 12,419 1,IXIO 2.000 200 10,000 4,200 10,000 4,000 2,017 48.201 Charitable activltles oth￿ trading acbvity 32,855 24.940 Investment Income Interest receNab Total incomg 105.247 73.149 Moulsecoomb Forest Garden and Wildlife Project Company Limhed by Guarantee Detsiled Slatemenl of Financial Aclivlties (r*¥rfxH Year ended 31 March 2023 2022 Expenditure Costs of raising donaltons and legacles Other office costs 100 Expenditure on charltable activiknes Purchases Wages and sdaries Rent Repairs and maintenance Insurance Other motOTitravel costs Legal and EWI￿￿)nal lees T8￿phOne Other office Costs Depreciabon Deferred Tax Bank Charges Rglreshments Postage 6.647 80.571 12,10Ls1 71,767 3.027 5,216 746 2,428 1,392 2,089 510 307 1.604 681 245 175 27 61 109 96.470 T(rtal expendiiure 97.086 96,470 Net In¢omel(expendliurn) 8,161 {23.3211 Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Notes to the Detailed Statemenl of Flnancial Activities Year ended 31 March 2023 2022 Costs of r8lslng donatlons and leg8¢ies Costs of ralslng donations arKI lega¢les- Donations Donalth)ns . other office costs Costs of raising donations and legades 1C Moulsecoomb Forest Garden and Wildlife Project Company Limited by Guarantee Noles to the Detailed Statement of Flnancial Activities (¢¢￿ts￿￿) Year ended 31 March 2023 Expenditure on charltable aciivllles Stsff Costs Activitles undertaken directy Wages Rent Leg￿ and professK)nal lees 77.767 80,571 {2.1001 2.428 80,195 78.471 Acli¥ities Activities undert8kon direclly PLFrchases Repairs & mantenance 8,886 6.647 50 6,697 Governance Accounlallcy Detery￿￿ Tax 771 19n 674 1.273 1129} 1,144 Flnanee Travel Legal avkj wofessional lees Telephone Other Bank Charges Relreshmer Postage 746 670 1.604 175 27 61 2,089 109 3.887 Property Insurance Depreciation 3.027 510 5.216 3.537 5.897 Governanca costs Entert￿nrnent 374 Ex￿ndItUre on charilable xtlvilies 96,470