FARMLINK EDUCATION LIMITED (A company timiled by guarantèe) REPORT AND FINANCIAL STATEMENTS FOA THE YEAR ENDED 31 AUGUST 2025 FARMLINK llllllll *AF21Z7)64 1410512026 CCWPMIES HOUSE A17 Company registration number: $994599 Registered charity number. 1120308
ED FARMLINKEDUCATION LIMftED REPORT AND FINANCIALSTATEMENTS CONTENTS Page Trustees. report Statement of financial activities Balance sheet Notes to the financi81 statements 9-14 Independent examiner's report 15
Trustees Annual Report for the year ended 31st August 2025 The trustees are pleased to piesent their annual dTrrectors' report together with the financial statements of the charityfor the year ending 31 August 2025 thich are also prepared to meet the reqvirements for 8 directors. report and 8ccounts for Companies Act purposes. The financial statements comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Ch8rities- ststement of Recommended Practice 8pplicable to charities preparingtheir accounts in accordance wlh the Financial Reporting Standard 8pplicable in th8 UK and Republic of Ireland IFRS 1021 lette¢tive 1 January 20191. The Charity's objects are to advance the education ot school children in the subjects of farming. food production. biodiversity, the rural economy and the studyof the environment and ecology generally. In the year the charity aimed to further its objectives by undertaking a programme of school visits through the FarmLink educational programme. The Sits are (Jelivered by our partner farms. This enables schools to deliver the areas of the national curriculum relating to farming, food production. biodwersity. the rural economy and the study of the environment and ecology through a series of visits. During this peTiod. we engaged with 30.120 children with just over 9,000 children getting on to the farms: this shows a good increase from the previous year. However. we have found that the strategy of the host farms has increased the number of the children visiting larms onty moderately. We need to go into the schools localto each farm and whilst our host faims ale happy to have the schools visitingthe farm. the farmefs Oo not have the time to go into the schools and develop a relationship. Tim is looking 8t the viattility of contracting the services of two more deliverers to go into the schools to deliver workshops and encourage the teachers to Corne out on tofaim$. The renovation of the classioom at Lower Stock has gone well and the redesigned space is much more user friendly and being used 8 lot more. We do need to increase the number of resources within the classroom.
NK Trustees Annual Report for the year ended 31st August 2025 cont. The Trustees have paid due regard to the Charity Commission guidance on public benefit in deciding what activities the Charity should undertake and confirm all the Charity's 8Ctivrties are undertaken to further charitable purposes for public benefit. At 31 August 2025 the Charity had net assets of Eols. of which Énil were restricted funds. The Charitys main sourcesoffundingin the perioOwere- donations. totalling £54.000, from partnerfarms. fees charged to schools for visits of £16.883- donation in kind from PaCkinOn Farm of a seconded member of statt: restricted donation of £10,000 from Bridgewatei Agiicultural Society,. and unrestTlCted donations of £7,000 from DartInOn Cattle Breeders Trust, £5.000 from New Quadrant Partners. antj £5.000 from The Bristol Port Company. The Trustees are confident the Charity is financi811y secure to deliver its progr8mme of activities for 2025126. AS reserves are currently at a relatively low level. allfvnds are currently held in a bank current account. The Trustees are investigaling invesiing any surplus funds in an instant access deposit account in 8 UK bank that Fyovides a reasonable te of interest. The Charity's reserves policy is to hold £100.000 in liquid unrestricted funds Ifree reserves) which represents approximately 8.5 months total expenditure at 2024125 annual levels. This would enable the Charitytime to seek alternative funding if its current sources of tunding ceased. At 31 August 2025. the liquid unrestricted reserves were £38.065. which rèpresènts 3 monlhs of expenditure. The Trustees have a reasonable expectaiion the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly. they continue to adopt the going concern basis in preparing the annual report and accounts.
Trustees Annual Report for the year ended 31st August 2025 cont. We will continue with the School membership heme to supplement partnership and donation income. We are aiming to increase the nurnber of deliverers going into schoolsto develop the relationships with schools which we hope to generate more children coming on farm visits. We also hope to continue to engage further hth pupils in Devon and Cornwall. Ngme &Charity Nurnber Farmlink Education Limited: Registered Charity No- 1120308 Company No: 5994599 ReÈisteTed Office: Our Offices 4 Yeowood Fa¥m Iwood. Wrington BS40 5NU Trustees: MrJohn Alws MBE Sir Dawd Wills Bt Mrs Maryjames MBE Mr Brian Kirkup Mr Mark Pooley Mrs Jeanette Read Mr Nick Green Mr Richard Cooksley Bankars: Natwest Bank Wells Branch Wells BA5 2AD SollcitorJ: Burges Salmon One Glass Wharf Bristol 8S2 OLX Indepondent Examiner. Mr M J Maneely FCCA
Trustees Annual Report for the year ended 31st August 2025 cont. Structure. Governan¢e and Management The organisation is a charrtable compary limited byguarantee. The companywas established under 8 Memorandum and Articles of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. The company was incorporated on 10 November2006 and commenced its 8CtNities on 1 Apri12007. The company was registered as a charity on 27 July 2007. The directors of the company are also charitytrustees for the purposes of Charity law. The Trustees regularly review the skills and experience base of its b08fd to reflect the needs of the organisation. Induction is seen as a key element in retaining and supporting Trustees. New Trustees are given clear advice and support in relation to their obligations. All relevant documentation is made available including details of its resourcing. the current financial position as set out in the latest set of accounts and information about future plans and the strategic development of the Charty- The trustees have delegated the day-to-day management of the Charity to the Chief Executive, Tirn Ledbury. The Chief Executive reports formally to the Trustees at the quarterly Trustees. meetings and as required between Trustees meetings. Tim Ledbury Chief Executive The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
RML ED Trustees Annual Report for the year ended 31st August 2025 cont. The charitytrustees (who are alsothe directors of Farmlink Educatior¢ Limited for the purposes of company lawl are responsible for preparing a trustees. annuol ieport 8nd financi81 ststements in accordance with applicable law and United Kingdom Accounting Standards (United ngdorn Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financi81 statements for each yearwhich give a true and fair view of the state of affairs of the charttable company and of the incoming resources and application of resources. including the income and expenditure, of ihe chartyfor that period. In preparing the financial statements. the trustees are required to: 81 select suitable accounting policies and then applythem consistently. b) observe the methods and principles in the Charities SORP; c} makejudgements and estimates that are reasonable and prudent: dl state whether applicable UK accounting standards have been followed. subject to any maierial departures disclosed and expLained in the financial statements., el prepare the financial statements on the going concern basis unless it is in8ppropri8te to presume that the charity will continue in operational existence. The trustee$ are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets otthe charity and the group and hence taking reasonable steps forthe prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance an¢J integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom goveining the preparation an(J dissemination of financial statements may differ from legislaiion in otherjurisdictions. In accordance with company law. as the charity's Tnjstees. we certify that.. So far 88 we are Avffire. there is no relevant audit information of which the ch81ity'S Independent Examiner is unaware- and AS the Trustees of the charity we have taken all steps that ought to have been taken in order to make ourselves aware of any relevant audit information and to establish that the charity's Independent Examiner is aware of that information. Signed on behalf ol Ihe Trusteeg: (Mark Pooleyl Date: 24 March 2026
STATEMEKT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025 Total Year 2025 Total Year 2024 Unrestricted Aestricted Funds Funds Note INCOME AND EXPENDITURE Incomelrom: Donations and legacies Fees from Schools 2 107.437 16.883 11.(KlO 118,437 16.883 123.244 10.717 TOTAL INCOME 124,320 11.000 135.320 133.961 Expendlture on: Costs of raising funds Charitable activities: Farm and school visits 1.750 3 129.181 11.0(X) 140,181 141.072 129.181 11.0(X) 140.181 142.822 Net (expenditure) for the year (4,861) {4.8611 18,8611 Transfers Net movement in fundsforthe year 14.861) 14,8611 18,8811 Reconciliation of funds for the year Totalfunds broughtforward 51.042 51.042 59,903 Total ftinds carried forward 46.181 46.181 51,042 The notes on pages 9 to 14 form part of these accounts.
8ALANCE SHEET AS AT 31 AUGUST 2025 Company nurnbeT: 5994599 2025 2024 Noles FIXED ASSETS Intangible fixed assets Tangible fixed assets 614 7.502 1.227 9.002 8,116 10.229 CURRENT ASSEts Debtors Cash at bankand in hand 9,066 30.660 7,466 36.016 39,726 43,482 CREDITORS: AmoUnt$fallingtW•thIn oneyear {1.6611 12,6691 NET CURRENT ASSETS 38.065 40.813 TOTAL ASSETS LESS CURRENT LIABILITIES 46.181 51,042 THE FUNDS OF THE CHARITY: Restricted funds Unrestricted funds 46,181 51.042 TOTAL CHARITY FUNDS 46,181 51,042 The Trustees are satisfied that the Company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audtt of the financial statements for the year ty virtue of section 477. and that no member or members h8ve requested an audtt pursuant to section 476 of the Act. The Trustees aCknOedge their responsibiltties for: ensuring that the company keeps adequate a¢counting records which comply with section 386 of the Act. and preparing financial statements which give a true and fair view of the state of 8ff8irs of the company as 8t the end of the financial year 8nd of its profit or loss for the financialyear in a¢cord8n¢e wth the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the company.
BALANCE SHEET (continued) AS AT 31 AUGUST 2025 Company number. 5994599 These financial statements have been pTepare(J in accordance with the special provisions for small companies under Part 15 ofthe CompaniesAct 2006. These financial statements were approved bythe directors and authorised for issue on 24 March 2026. and are signed on their behalf by: MARK POOLEY TRUSTEE Dale: 24 Mah 2026 The notes on pages 9 to 14 form part of these accounts.
RM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEARENDED31 AUGUST2025 1. ACCOUNTING POLICIES The financial statements have been prepared in accordance with Accounting and Reponing by Charities: Statement of Recommended Practice applicable to charities preparing their 8ccounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFAS 1021 leffective 1 Jènuary 2019)- (Charities SORP IFRS 10211. the Financial Reporting Standard 8pplicable in the UK and Reputs"c of Ireland IFRS 1021 and the Companies Act 2006. Assets and liabikn'ties are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. bl The trustees are of the opinion that there are no material uncertainties about the charity's ability to continue as a going concern. CI IDGoma Donations and grants are credited to the Statement of Financial Activities in the year in vlhich they are receivable and are allocated to the appropriate fund. Donations in kind of seThices. including the secondment of staff. are accounted for as income at an estimate of the value to the charity of the services received. An equal amount is accounted for the services in expenditure. Investment income is included when receivable. d) Expenditure and irrecoverable VAT Resources expended are recognised in the period in which they are incurred. They include attribut8ble VAT which cannot be recovered. They are allocated to Ihe activity io which they reLate. Charitable expenditure comprises those costs incuired by the charity in the delivery of its activities and services for its beneficiaries. As the charity has only one activity. 8U costs 8re allocated against the charitable activity.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Icontlnued) 1. ACCOUNTING POLICIES {¢ontinuedl el Tangible tixed assets Tangible fixed assets are capitalised at cost and depreciated over their useful economic lives on a straight line basis as foltows. Equipment-4years Classroom-7years fl Fund accounting Funds held bythe charity are- -these are funds which can be used in accordance with the charitable objects 8t the discretion of the trustees. R£st[l-theSearefundst8I C8n onlybe used for particular restricted purposes within the objects of the charity. Restrictions arise when specrfied by the donor orwhen funds are raised for p8rticular restricted purposes. -these are unrestricted general funds that have been earmarked by the trustees to be used for specific purposes in accordance within the charit8ble objects 2. DONATIONSAND LEGACIES Year 2025 Year 2024 Donations from Partner Farms- Alvis Brothers Brid8Water and Taunton Couege Spielman Charitable Trust Dartington Cattle Breeders Trust Asler Foundation The Country Land and Business Association North Somerset Agricultural Society Somerset National Farmers Union The Bristol Port Company The Roy81 Bath and West of England Society NewQuadr8nt Partners The Pixella Trust Other donations less than £1.OC4) Gifts in kind Pdckington Farm- Seconded staff Independent examiner's fees 36,000 11.000 7.000 7.000 2.500 39.000 11,000 5.000 7,000 5,000 1.000 1.500 2,000 5.000 500 5.000 5,000 5.000 1.51YJ 1.352 2.545 26.612 780 26.612 780 107.437 108.244 10
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (continued) 2. DONATIONS AND LEGACIES Icontinuedl Year 2025 Year 2024 Bridgwater Agricultural Society Idelrvery in Somersetl 10,CWXI Pople Charitable Trust- kntchen Classroom BristolAirport (coach subsiijy lundl 10,000 5,000 11,000 15.000 118,437 123,244 3. EXPENDITURE ON CHARITABLE ACTIVITIES Ye•r 2025 Year 2024 Staff costs Delivery otfami visits Subsidising bus costs of schools Office and administration costs Kitchen classroom expenses Depreciation Amortisaiion Accountancyfees Independent examiner's fees 112.686 14.406 2.400 2.423 3.152 1.500 613 2,221 780 112,866 15,137 2,000 6,018 -720 1,720 613 1,218 780 140,181 141.072 Expenditure includes restricted staff cosis of £10,00012024- É10,0001. and restricted coach travel subsidies of £1,000 (2024- £nill. All other expenditure was unrestricted expenditure. 4. INCOMEIIEXPENDITUREI FOR THE YEAR Year 2025 Year 2024 This is stated after charging: Depreciation Amortisation Independent examiner 1.500 613 780 1.720 613 780
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2025 (continuedl S. EMPLOYEES AND STAFF COSTS Year 2025 Year 2024 Siaff Costs were as follows: Employed staff Seconded staff Self-employed consultants 61.280 26.612 24.794 61.469 26.612 24.785 112,686 112.866 No employee earned £60,000 p.a. or more. The average number of employees during the period: Year 2025 No Year 2024 No Farm and Schoolvisits Administration 6. TRUSTEES. REMUNERATION AND RELATED PARTY TRANSACTIONS The charityTrustees were not paid or received any other benefits from employment with the charity in the year12024: £nill. neither were they reimbursed expenses during the year12024= £nill. No charity Trustee received payment for professional or other services supplied to the charity12024= £nill. There were no related p8rtytr8nsactions during the year. 7. INTANGIBLE FIXED ASSErs Website COST At 01 September 2024 and 31 August 2025 1.840 AMORnSATION At 01 September 2024 Chaoe foryear 613 613 At 31 August 2025 1,226 NET BOOK VALUE at 31 August 2025 614 NET BOOK VALUE at 31 August 2024 614
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2025 (continued) 8. TANGIBLE FIXED ASSErs Equipment Classroom Total COST At01 September2024 Additions 39.085 73,751 At 31 August 2025 39.085 73.751 DEPRECIATION At 01 September2024 Charge tor year 39.085 25.664 64,749 1.500 At 31 August 2025 39.085 27.164 66.249 NET BOOKVALUEAT31 AUGUST2025 7.502 7.502 NET BOOK VALUE AT 31 AUGUST 2024 9.(K12 220 9. DEBTORS Year 2025 Year 2024 Trade debtors Other debto 8,500 566 6,540 926 7.466 10. CREDITORS Year 2025 Year 2024 Trade cre(Jitors Other creditors 239 1.422 2.669 1.661 2.669
NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 AUGUST 2025 {Gontinued) 11. RESTRICTED FUNDS Balance BIF Income Expend. Transfers Balance CIF Delivery fund Somerset Coach subsicty 10,000 1,000 110,0001 11.000 11.LNJO 111.000) The delwery fund was funded by a donation from Bridgwater Agricultural Society to fund Farm and School visits in the County of Somerset. This fund was funded by a donation from Bristol Airport to be spent on the provision of subsidies to schools towards the cost of coach transport for the farm visits. 12. UNRESTRICTED FUNDS Balance BIF Income Expend. Transfers Balance CIF General funds 51.042 124.320 1129.1811 46.181 13. ANALYSIS OF NET ASSERS 8WEEN FUNDS Tangible fixed assets Cash at Other net bank& in hand current assets Totèl General funds 8.116 30.660 7.405 46.181 14
Independent examiner's reportto the trusiees of Famillnk Education Limited I'lhe Company.) I report to the charity trustees on my examination of the accounts of the Company foi the year ended 31 August2025. Regponsibilities and basis of report As the charity's trustees of the Company {and also its directors forthe purposes of company 18wI you are responsible for the prepaiation of the accounts in accordance wilh the requirements of the Companies Act 20061.the 2006 Act'l. Having satisfied myself that the accounts of ihe Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in iespect of my exarnination of your charity's accounts as carried out under sects.on 145 of the Chaiities Act 20111.the 2011 Act'l. In carrying OLrt my examination I have followed the Directions given by the Charity Commission under section 14515) Ibl of the 2011 Aci. Independent examiner's statement I have completed my examination. I confim th8t no mattels have come to my attention in connection with the examination giving me cause to believe- accounting recor(Js were not kept in respect ofthe Company as required by section 386 of the 2006 Act- or 2. the accounts do not accord wilh those records- or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act othei than any requiiement that the accounts give a'true and fair view which is not a m8tler considered as part of an independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Pr8Ctice foi accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Fin8nciBI Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- I have no concerns and have come across no other matters in connection with the ex8mination to which attention shoulo be dravm in this report in order to enable a proper understandingoflhe accountsto be reached. M J MANEELY Signed: Name: Mr M J Maneely FCCA Address: 11 Windsor Coun. Victoria Terrace. Clifton. Bristol, BS8 4U D8te.' 12 May 2026 15