Company registration number: 04866838 Charity registration number: 1122101
Willow Tree Family Farm
known as
Willow Tree Family Farm
Annual Report and Financial Statements
for the Year Ended 31 December 2021
Willow Tree Family Farm
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Strategic Report | 2 |
| Trustees' Report | 3 to 4 |
| Independent Examiner's Report | 5 to 6 |
| Statement of Financial Activities | 7 to 8 |
| Balance Sheet | 9 to 10 |
| Notes to the Financial Statements | 11 to 20 |
Willow Tree Family Farm
Reference and Administrative Details
| Trustees | Mr Adam Hind |
|---|---|
| Mr David Anthony Taylor | |
| Miss Claire Marie Duncan | |
| Kim Michelle Kirby | |
| Charity Registration Number | 1122101 |
| Company Registration Number | 04866838 |
| The charity is incorporated in England & Wales. | |
| Registered Office | Willow Tree Family Farm |
| Shirebrook Community Education Centre | |
| Langwith Road | |
| Shirebrook, Mansfield | |
| Nottinghamshire | |
| NG20 8TE | |
| Independent Examiner | Mr Adam Dominey FCCA |
| ADS Accountancy Limited | |
| Chartered Certified Accountants | |
| 3 & 5 Commercial Gate | |
| Mansfield | |
| Nottinghamshire | |
| NG18 1EJ |
Page 1
Willow Tree Family Farm
Strategic Report for the Year Ended 31 December 2021
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 December 2021, in compliance with s414C of the Companies Act 2006.
The strategic report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Mr Adam Hind Trustee
......................................... Mr David Anthony Taylor Trustee
Page 2
Willow Tree Family Farm
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2021.
Objectives and activities
Objects and aims
The purposes of the Charity are to promote and advance education and provide facilities for recreation and other leisure time occupation in the interests of social welfare for the general public, in particular young people, without distinction of their age, gender, sexual orientation, race or culture, political or religious opinions, in agriculture, conservation, the care and consideration of all animals and other associated subjects with the object of improving the conditions of life for said persons.
Public benefit
The public continue to benefit from the educational and cultural opportunities provided by the farm and many activities offered to local children and families.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Use of volunteers
We have continued with the volunteer program and have welcomed the support of the unemployed, disabled, children and professionals. We continue to help the unemployed gain experience within employment to help them prepare for work and raise their ambitions and confidence. Unfortunately this program has been reduced by government cuts. Students have been on work placements to help develop their skills in the animal care, hospitality, travel and tourism sectors. The students have been aged 14 upwards. We have continued to support equality within the charity, ensuring individuals with a disability engage in work-based skills.
Going concern
Since the balance sheet date the Charity has been hit hard by the Covid 19 pandemic which has greatly reduced its ability to operate. The charity has been reliant on the government furlough scheme to help support its employees. In 2020 it has received a £24,000 National Lottery grant and a crowd-funding project brought in a further £10,000. Along with other donations, this money has allowed the Charity to continue to care for its animals and maintain its facilities. The Covid 19 challenges remain and the Charity will continue to rely on donations and grants in order to survive until normal operating conditions apply. An application is currently in progress for a £70,000 grant from the National Lottery to update facilities.
Structure, governance and management
Nature of governing document
Willow Tree Family Farm is a Company Limited by Guarantee by its Memorandum and Articles of Association and its Trust Deed. It is registered as a Charity with the Charity Commission.
The liability of the Company in respect of the guarantee, as set out in the Memorandum, is limited to £1 per member.
Page 3
Willow Tree Family Farm
Trustees' Report
Financial instruments
Objectives and policies
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Willow Tree Family Farm for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Mr Adam Hind Trustee
......................................... Mr David Anthony Taylor Trustee
Page 4
Willow Tree Family Farm
Independent Examiner's Report to the trustees of Willow Tree Family Farm ("the Company")
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of Willow Tree Family Farm 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 your 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 - matter of concern identified
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.
I have completed my examination.
I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:
-
accounting records were not kept in respect of Willow Tree Family Farm as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts 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
-
the accounts 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)].
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Page 5
Willow Tree Family Farm
Independent Examiner's Report to the trustees of Willow Tree Family Farm ("the Company")
...................................... Adam Dominey FCCA ADS Accountancy Limited Chartered Certified Accountants 3 & 5 Commercial Gate Mansfield Nottinghamshire NG18 1EJ
Date:.............................
Page 6
Willow Tree Family Farm
Statement of Financial Activities for the Year Ended 31 December 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies Other trading activities Other income 4 Total income Expenditure on: Raising funds 5 Charitable activities Other expenditure Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 Note Income and Endowments from: Donations and legacies Other trading activities Other income 4 Total Income Expenditure on: Raising funds 5 Charitable activities Other expenditure Total Expenditure Net income Net movement in funds |
Unrestricted £ 60,280 373,277 12,000 445,557 (243,217) (104,322) (18,401) (365,940) 79,617 79,617 69,229 148,846 Unrestricted funds £ 27,890 227,332 14,000 269,222 (143,158) (72,350) (8,995) (224,503) 44,719 44,719 |
Endowment £ 1,000 - - 1,000 (1,108) - - (1,108) (108) (108) 540 432 Endowment funds £ - - - - - - - - - - |
Total 2021 £ 61,280 373,277 12,000 |
|||
|---|---|---|---|---|---|---|
| 446,557 | ||||||
| (244,325) (104,322) (18,401) |
||||||
| (367,048) | ||||||
| 79,509 | ||||||
| 79,509 69,769 |
||||||
| 149,278 | ||||||
| Total 2020 £ 27,890 227,332 14,000 |
||||||
| 269,222 | ||||||
| (143,158) (72,350) (8,995) |
||||||
| (224,503) | ||||||
| 44,719 | ||||||
| 44,719 |
The notes on pages 11 to 20 form an integral part of these financial statements. Page 7
Willow Tree Family Farm
Statement of Financial Activities for the Year Ended 31 December 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted funds £ 24,510 69,229 |
Endowment funds £ 540 540 |
Total 2020 £ 25,050 |
|||
|---|---|---|---|---|---|---|
| 69,769 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 16.
The notes on pages 11 to 20 form an integral part of these financial statements. Page 8
Willow Tree Family Farm
(Registration number: 04866838) Balance Sheet as at 31 December 2021
| Fixed assets Tangible assets Current assets Stocks Cash at bank and in hand Creditors: Amounts falling due within one year Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year Net assets Funds of the charity: Endowment funds Unrestricted income funds Unrestricted funds Total funds |
Note 9 10 11 12 13 16 |
2021 £ 159,043 25,500 19,867 45,367 (25,065) 20,302 179,345 (30,067) 149,278 432 148,846 149,278 |
2020 £ 91,349 25,500 17,830 |
|
|---|---|---|---|---|
| 43,330 (24,150) |
||||
| 19,180 | ||||
| 110,529 (40,760) |
||||
| 69,769 | ||||
| 540 69,229 |
||||
| 69,769 |
For the financial year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The notes on pages 11 to 20 form an integral part of these financial statements. Page 9
Willow Tree Family Farm
(Registration number: 04866838) Balance Sheet as at 31 December 2021
The financial statements on pages 7 to 20 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Mr Adam Hind Trustee
......................................... Mr David Anthony Taylor Trustee
The notes on pages 11 to 20 form an integral part of these financial statements. Page 10
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Charity status
The charity is limited by share capital, incorporated in England & Wales.
The address of its registered office is: Willow Tree Family Farm Shirebrook Community Education Centre Langwith Road Shirebrook, Mansfield Nottinghamshire NG20 8TE Authorised for issue date
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Willow Tree Family Farm meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 11
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 12
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
Tangible fixed assets
Individual fixed assets costing £100.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class
Fixtures and equipment
Depreciation method and rate 15% reducing balance basis
Stock
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Page 13
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
3 Income from charitable activities
| Donations received Shop and cafeteria income Other income |
Unrestricted funds Designated £ 60,280 187,172 199,105 446,557 |
Restricted funds £ 1,000 - - 1,000 |
Total 2021 £ 61,280 187,172 199,105 447,557 |
Total 2020 £ 27,890 25,745 185,981 |
||||
|---|---|---|---|---|---|---|---|---|
| 239,616 |
4 Other income
| Rental income Total for 2021 Total for 2020 |
Unrestricted funds General £ 12,000 12,000 14,000 |
Total funds £ 12,000 |
||
|---|---|---|---|---|
| 12,000 | ||||
| 14,000 |
5 Expenditure on raising funds
a) Costs of trading activities
| Note Costs of goods sold Other direct costs of activities for generating funds Allocated support costs Total for 2021 Total for 2020 |
Unrestricted funds General £ 128,646 28,008 957 157,611 83,483 |
Endowment funds Expendable £ 1,108 - - 1,108 - |
Total funds £ 129,754 28,008 957 |
|||
|---|---|---|---|---|---|---|
| 158,719 | ||||||
| 83,483 |
Page 14
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
b) Investment management costs
| Allocated support costs Total for 2021 Total for 2020 |
Note | Unrestricted funds General £ 1,639 1,639 2,936 |
Total funds £ 1,639 |
||
|---|---|---|---|---|---|
| 1,639 | |||||
| 2,936 |
6 Net incoming/outgoing resources
Net incoming resources for the year include:
Depreciation of fixed assets
| 2021 £ 18,401 |
2020 £ 8,995 |
|
|---|---|---|
Page 15
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
7 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries |
2021 £ 83,967 |
2020 £ 56,739 |
|
|---|---|---|---|
No employee received emoluments of more than £60,000 during the year.
Page 16
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
| Cost At 1 January 2021 Additions Disposals At 31 December 2021 Depreciation At 1 January 2021 Charge for the year Eliminated on disposals At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 |
Furniture and equipment £ 132,094 98,623 (13,188) |
Furniture and equipment £ 132,094 98,623 (13,188) |
Total £ 132,094 98,623 (13,188) |
|
|---|---|---|---|---|
| 217,529 | 217,529 | |||
| 40,745 18,400 (659) |
40,745 18,400 (659) |
|||
| 58,486 | 58,486 | |||
| 159,043 | 159,043 | |||
| 91,349 | 91,349 |
Assets held under finance leases and hire purchase contracts
The net carrying amount of tangible assets includes the following amounts in respect of assets held under finance leases and hire purchase contracts:
| Fixtures and equipment | 2021 £ 25,179 |
2020 £ 29,622 |
|---|---|---|
Page 17
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
| 10 Stock |
||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Stocks | 25,500 | 25,500 |
| 11 Cash and cash equivalents |
||
| 2021 | 2020 | |
| £ | £ | |
| Cash on hand | 800 | (3,644) |
| Cash at bank | 19,067 | 21,474 |
| 19,867 | 17,830 | |
| 12 Creditors: amounts falling due within one year |
||
| 2021 | 2020 | |
| £ | £ | |
| Bank loans | 8,764 | 2,890 |
| Hire purchase and finance leases | 5,149 | 14,614 |
| Other taxation and social security | 2,608 | 94 |
| Other creditors | 203 | 762 |
| Accruals | 8,341 | 5,790 |
| 25,065 | 24,150 |
| Creditors due within one year includes the following liabilities, on which security has been given by the charity: 2021 £ 2020 £ Hire purchase liabilities 5,149 14,614 13 Creditors: amounts falling due after one year 2021 £ 2020 £ Bank loans 26,335 37,828 Hire purchase and finance leases 3,732 2,932 30,067 40,760 |
Creditors due within one year includes the following liabilities, on which security has been given by the charity: 2021 £ 2020 £ Hire purchase liabilities 5,149 14,614 13 Creditors: amounts falling due after one year 2021 £ 2020 £ Bank loans 26,335 37,828 Hire purchase and finance leases 3,732 2,932 30,067 40,760 |
Creditors due within one year includes the following liabilities, on which security has been given by the charity: 2021 £ 2020 £ Hire purchase liabilities 5,149 14,614 13 Creditors: amounts falling due after one year 2021 £ 2020 £ Bank loans 26,335 37,828 Hire purchase and finance leases 3,732 2,932 30,067 40,760 |
|---|---|---|
| 2020 £ 37,828 2,932 |
||
| 40,760 |
| Creditors amounts falling due after more than one year includes the following liabilities, on which | Creditors amounts falling due after more than one year includes the following liabilities, on which | security has been |
|---|---|---|
| given by the charity: | ||
| 2021 | 2020 | |
| £ | £ | |
| Hire purchase liabilities | 3,730 | 2,934 |
Page 18
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
14 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £540 (2020-£192).
15 Commitments
Capital commitments
The Charity has commitments under operating leases for various equipment. The total amount contracted for but not provided in the financial statements was £3,635 (2020 - £7,326).
16 Funds
| Unrestricted General Endowment Expendable Total funds Unrestricted General Endowment Expendable Total funds |
Balance at 1 January 2021 £ 69,229 540 69,769 Balance at 1 January 2020 £ 24,510 540 25,050 |
Incoming resources £ 445,557 1,000 446,557 Incoming resources £ 269,222 - 269,222 |
Resources expended £ (365,940) (1,108) (367,048) Resources expended £ (224,503) - (224,503) |
Balance at 31 December 2021 £ 148,846 432 |
Balance at 31 December 2021 £ 148,846 432 |
Balance at 31 December 2021 £ 148,846 432 |
||||
|---|---|---|---|---|---|---|---|---|---|---|
| 149,278 | ||||||||||
| Balance at 31 December 2020 £ 69,229 540 |
||||||||||
| 69,769 |
Page 19
Willow Tree Family Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
17 Analysis of net funds
| Cash at bank and in hand Finance leases and hire purchase contracts Net debt Cash at bank and in hand Bank overdraft Finance leases and hire purchase contracts Net debt |
At 1 January 2021 £ 17,830 (17,546) 284 At 1 January 2020 £ 2,500 (5,623) (3,123) (30,532) (33,655) |
Financing cash flows £ (17,830) 17,546 (284) Financing cash flows £ (2,500) 5,623 3,123 30,532 33,655 |
At 31 December 2021 £ - - |
At 31 December 2021 £ - - |
||
|---|---|---|---|---|---|---|
| - | ||||||
| At 31 December 2020 £ - - |
||||||
| - - |
||||||
| - |
18 Related party transactions
During the year the charity made the following related party transactions:
New Roots Care & Education Ltd
(The Company is controlled by Mr David Taylor and Mr Adam Hind who are also Directors and Trustees of the Charity.)
During the year an amount of £12,000 was received from New Roots Care & Education Ltd in respect of Rent (2020: £14,000).. At the balance sheet date the amount due to/from New Roots Care & Education Ltd was £Nil (2020 - £Nil).
Page 20
Willow Tree Family Farm
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Income and Endowments from: Donations and legacies (analysed below) Other trading activities (analysed below) Other income (analysed below) Total income Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) Other expenditure (analysed below) Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2021 £ 61,280 373,277 12,000 446,557 (244,325) (104,322) (18,401) (367,048) 79,509 79,509 69,769 149,278 |
Total 2020 £ 27,890 227,332 14,000 |
||
|---|---|---|---|---|
| 269,222 | ||||
| (143,158) (72,350) (8,995) |
||||
| (224,503) | ||||
| 44,719 | ||||
| 44,719 25,050 |
||||
| 69,769 |
This page does not form part of the statutory financial statements. Page 21
Willow Tree Family Farm
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Donations and legacies Grants and subsidies Donations Received Other trading activities Sales, UK UK Government grants Grants - other agencies Other income Other income Rental income Raising funds Opening stock Purchases Purchases Purchases - Animals Gift Shop Purchases Services Closing stock Wages and salaries Staff pensions (Defined contribution) - pension scheme 1 Hire purchase interest (Profit)/loss on sale of tangible fixed assets held for charity's own use Charitable activities Hire of plant and machinery (Operating leases) Light, heat and power Insurance Repairs and maintenance Telephone and fax Printing, postage and stationery |
Total 2021 £ 1,000 60,280 61,280 187,172 16,335 7,524 162,246 373,277 12,000 12,000 (25,500) (1,108) (53,434) (28,008) (46,201) (29,011) 25,500 (83,967) (1,136) (1,639) 179 (244,325) (3,635) (19,213) (11,799) (50,351) (950) (3,620) |
Total 2020 £ - 27,890 |
||
|---|---|---|---|---|
| 27,890 | ||||
| 25,745 10,000 19,606 171,981 |
||||
| 227,332 | ||||
| 14,000 | ||||
| 14,000 | ||||
| (25,500) - (17,812) (12,454) (40,719) (11,830) 25,500 (56,739) (668) (2,936) - |
||||
| (143,158) | ||||
| (7,326) (16,544) (6,647) (20,772) (950) (1,346) |
This page does not form part of the statutory financial statements. Page 22
Willow Tree Family Farm
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Sundry expenses Motor expenses Advertising Accountancy fees Bank charges Computer software and maintenance costs Bank interest payable Legal and professional fees Loan interest Accountancy fees Other expenditure Depreciation of plant and machinery (owned) |
Total 2021 £ (1,853) (4,519) (3,203) (505) (358) (46) (283) - (1,467) (2,520) (104,322) (18,401) (18,401) |
Total 2020 £ (854) (1,369) (4,068) (1,045) (1,224) (198) (383) (5,901) (1,083) (2,640) |
||
|---|---|---|---|---|
| (72,350) | ||||
| (8,995) | ||||
| (8,995) |
This page does not form part of the statutory financial statements. Page 23