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|CONTENTS|||Page|
|---|---|---|---|
|Trustees'
report|||2 —6|
|Statement
offinancial|activities|||
|Balance sheet|||8-9|
|Notes to the financial|statements||10-15|
|Independent
examiner's||report|16|
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|FOR THE YEAR ENDED 31AU|GUST|2020||||
|---|---|---|---|---|---|
|||||Total|Total|
|||Unrestricted|Restricted|Year|Year|
|||Funds|Funds|2020|2019|
||Note||E|E|E|
|INCOME AND EXPENDITURE||||||
|Income from:||||||
|Donations
and legacies|2|137,377|6,000|143,377|131,567|
|Other trading
activities||10,890|-|10,890||
|Other income||240||240|720|
|TOTAL INCOME||148,507|6,000|154,507|132,287|
|Expenditure
on:||||||
|Costs of raising funds:||||||
|Yeo Valley event||464||464||
|Charitable
activities:||||||
|Farm visits|3|117,390|6,000|123,390|126,340|
|TOTAL EXPENDITURE||117,854|6,000|123,854|126,340|
|Net income/(expenditure)||||||
|for the year||30,653||30,653|5,947|
|Transfers||||||
|Net movement
in funds for the|year|30,653||30,653|5,947|
|Reconciliation
offunds||||||
|Total funds brought
forward||54,660||54,660|48,713|
|Total funds carried forward||85,313||85,313|54,660|
|FARMLINK EDUCATIO|N
LIMITED||||
|---|---|---|---|---|
|BALANCE SHEET|||||
|AS AT 31AUGUST 2020|||||
||||2020|2019|
|Company
number: 5994599|||||
|||Notes|||
|FIXEDASSETS|||||
|Tangible fixed assets|||2,190|1,081|
|CURRENT ASSETS|||||
|Debtors|||8,313|3,827|
|Cash at bank and
in hand|||76,925|49,933|
||||85,238|53,760|
|CREDITORS: Amounts|falling due within one year|9|(2,115)|(181)|
|NET CURRENT ASSETS|||83,123|53,579|
|NET ASSETS|||85,313|54,660|
|THE FUNDS OF THE CHARITY:|||||
|Restricted
funds||10|||
|Unrestricted
funds||11|85,313|54,660|
|TOTAL CHARITY FUNDS|||85,313|54,660|
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|DONATIONS
AND|LEGACIES|Year|Year|
|---|---|---|---|
|||2020|2019|
|||E|E|
|Unrestricted||||
|Donations
from Partner Farms||59,500|63,000|
|Spielman
Charitable|Trust|5,000|5,000|
|Earnest Cook|||4,000|
|Dartington
Cattle Breeders Trust||15,000|7,500|
|Nisbet Trust|||5,000|
|Quartet
Community|Foundation|5,000||
|Alee Van Berchem|CT|6,500||
|Other Donations
less than E1,000||4,155|5,675|
|Gifts in kind||||
|Packington
Farm —Seconded staff||26,612|26,612|
|Accountancy
fees||780|780|
|Government
grants||||
|Job Retention
Scheme grants||14,830||
|||137,377|117,567|
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|2.|DONATIONS|AND|LEGACIES (continued)|LEGACIES (continued)|LEGACIES (continued)|LEGACIES (continued)|LEGACIES (continued)|Year|Year|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|||||||||E||
||Restricted|||||||||
||For delivery|on farms:||||||||
||Fairfield Charitable||Trust||||||7,000|
||Bridgwater
Agricultural|||Society (delivery|||in Somerset)|6,000|6,000|
||Mrs M James||||||||1,000|
|||||||||6,000|14,000|
||TOTAL|||||||143,377|131,567|
|3.|EXPENDITURE ON||CHARITABLE|||ACTIVITIES||||
|||||||||Year|Year|
|||||||||2020|2019|
|||||||||E|F|
||Charitable
activities||—Farmer Nick|||and|farm visits|||
||Staff costs|||||||94,402|89,362|
||Delivery offarm visits|||||||14,927|19,592|
||Subsidising|bus costs of|||schools|||1,270|2,400|
||Office and administration||||costs|||7,374|9,573|
||Expenses
delivering||kitchen classroom||||services|1,071|2,428|
||Maintenance|and repairs,|||including|website|||(793)|
||Depreciation|||||||988|2,473|
||Accountancy|fees||||||2,577|525|
||Independent|examiner's|||fees|||780|780|
||TOTAL|||||||123,390|126,340|
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|NET INCOM|E/(EXPENDITURE)
FOR THE YEA|R||
|---|---|---|---|
|This is stated|after charging:|Year|Year|
|||2020|2019|
|||E|E|
|Depreciation||988|2,473|
|Independent|examination|780|780|
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|EMPLOYE|ES AND STAFF COSTS|ES AND STAFF COSTS|||
|---|---|---|---|---|
|Staff costs|were as follows:||Year|Year|
||||2020|2019|
||||E||
|Employed|staff||45,790|44,350|
|Seconded|staff||26,612|26,612|
|Self-employed||consultants|22,000|18,400|
||||94,402|89,362|
|Year|Year|
|---|---|
|2020|2019|
|No|No|
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|FOR
7.|THE YEAR ENDED 31AUGUST 2020 conti
TANGIBLE FIXEDASSETS|nued|||
|---|---|---|---|---|
|||Equipment|Classroom|Total|
|||6|E||
||E||||
||COST||||
||As at 1 September 2019|36,391|24,164|60,555|
||Additions|2,097||2,097|
||As at 31 August 2020|38,488|24,164|62,653|
||DEPRECIATION||||
||As at 1 September 2019|35,310|24,164|59,474|
||Charge for the year|988|-|988|
||At 31 August 2020|36,298|24,164|60,462|
||NET BOOK VALUE AT 31AUGUST 2020|2,190||2,190|
||NET BOOK VALUE AT 31AUGUST 2019|1,081||1,081|
|8.|DEBTORS||2020|2019|
||||E|6|
||Prepayments
and accrued income||6,828|1,444|
||Other debtors||1,485|2,383|
||||8,313|3,827|
|9.|CREDITORS||2020|2019|
||Trade creditors||1,144||
||Accruals||786||
||Other creditors||185|181|
||||2,115|181|
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|RESTRI|CTED|FUNDS||||||
|---|---|---|---|---|---|---|---|
||||Balance|Income|Expenditure|Transfers|Balance|
||||1 Sept||||31 Aug|
||||2019||||2020|
||||||||F|
|Delivery|Fund|- Somerset||6,000|(6,000)|||
|||||6,000|(6,000)|||
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|||Balance|Income|Expenditure|Transfers|Balance|
|---|---|---|---|---|---|---|
|||1 Sept||||31 Aug|
|||2019||||2020|
|||||||8|
|General|Funds|54,660|147,727|(117,074)||85,313|
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||||Tangible|Cash at|Other Net||
|---|---|---|---|---|---|---|
||||Fixed|Bank &|Current||
||||Assets|in Hand|Assets|Total|
||||E|E|F||
|General|Funds||2,190|76,925|6,198|85,313|
|Restricted||Funds|||||
||||2,190|76,925|6,198|85,313|
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