Longmead Community Farm Limited (a company limited by guarantee) Annual Report and Accounts For the year ended 31 December 2024 Company registration number: 06740069 Charity registration nurnber: 1130061
Longmead Community Farni Limitsd la company limited by guarantee) Legal and Administrative infomiation For the year ended 31 December 2024 1. Trustees and officer5 The following individuals acted as Trustees and officers during the finanaal year ended 31 Dember 2024 and to the date of signing this report.. Mr Steven Beech Mrs Katherine Connolly Mr David Crowder Mr Paul Frith Mrs Amanda Goodenough Miss Rosamund Macrow-wood Mr Robert Sawdy Mr Jonathan Woodthorpe Chair (Appointed 15.05.20251 Treasurer (Resigned 17.(.2025) (Resigned 15.05.20251 2. Registered Office Address, and Principal Office location 3. Registration numbers Longmead Farmhouse Milbourne St Andrew Dorset DT11 OHU Company registration number." 06740069 Chanty registration number. 1130061 4. Independent Examiner 5. Bankers 6. Solicilors Douglas Forsyth Bsc FCA Chartered Accountant Roydon Cottage Sandy Down Boldre Lymington S041 8PL The Co-operative Bank 1 Balloon Sireel Manchester M4 4BE Stephens Scown LLP Curzon House Southemhay West Exeter EX1 1RS 7. Statement of Trustees responsibilities The Trustees (who are also directors of Longmead Communty Fami Limited for the purpose of company lawl are responsible for preparing the trustees. report and the financial statemenls in aCrdan with UK Accounting Standards and Generally Accepted Accounting Practi, applicable law and regulations. Company law requires the trustees to prepare financial statements for each finanaal 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 stale of affairs of the tharitable company and of its incoming reSoUrS and application of resources. including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to. 11 select suitable accounting policies and apply them ConsistenY- 21 observe the methods and prinaples in the Charities Slalement of Recommended Practi FRS 102., 31 make judgments and estimates that are reasonable and PTudent; 41 state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and 51 prepare the financial slalements on the going conrn basis unless il is inappropnate lo 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 disdose with reasonable accuracy at any time the finanryal position of the charitable company and enable them to ensure that the finanaal slalements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Longmead Community Farni Limited la company limited by guarantee) Trustees Report For the year ended 31 December 2024 The Trustees present their report along wtth the accounts for the year ended 31st Dember 2024. The accounts have been prepared in accordance with the accounting F)olicies set out on page 7 and comply with the Charity s Constitution and applicable law. Chari Ststus Longmead Community Fami Limited Ilhe "Company" the "Charity"} is limiled by guarantee. incorporated in England, and consequently does not have share capital. Each of the directors is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation. The Charity is registered with the Charity Commission as a UK Charity under registration number 1130061. Ob-ectives To promote within Dorsel and surrounding areas the whole family through education and experiences of working and living in a rural community smallholding atrnosphere that offers animal care, agriculture, horticulture, and creative arts that seeks lo create an atmosphere based implicitly on Christian prinuples in such ways as the trustees think fit. Risk The principal risks and uncertainties facing the Charity, as identified by the Trustees are.. heamh and safety, the safeguarding of children and vulnerable adults, financial and reputational. These risks are managed by ongoing monitoring and review via the regular Trustees, meetings. After a period of inactivity for the Charity, one of the first tasks of the new Chief Operating Officer has been to review the fomial policies already in pla, induding the annual physical risk assessment of all buildings owned by the Charity. An assessment of risks is factored into des1OnS taken in all aspects of the Charity's activity. Throughout 2024 there vlas in pla a linCe agreement wrth Luccombe Hub who used the property during temi time, and also performed their own risk assessments. Their presen has been helpfijl with monitoring and maintaining the buildings on an ongoing basis. This arrangement ended on 26th September 2025. However, the nsks are mttigated by the presence of Longmead staff on site on a regular basis. Review of Activities To provide educational fami-based activrties for children and adults. including those wrth mental heatth, emotional or behavioural problems, together with their families and carers lo develop physical, mental, and spiritual capacity and grow lo maturity as individuals and full members of society. This is achieved via.. therapeutlc, SUPPQrtive, educational, developmental and pastoral ServIS to families and family members who are at risk, vulnerable or under stress- opportunities lo work with animals and on the land, and lo live communally,. and resour(£s for the strengthening and renewal of body. mind and spirit in a creative environment. All the activities as outlined above have regard to the public benefit guidan published by the Charity Commission and the benefits available lo all sectors of the public can be dearly shown from the activities shown in this report. In November 2022 the Longmead farm site was intentionally mothballed. This was due to the breakdown of the proposed co- partnering arrangement owing lo unforeseen arcumstanS that required their full attention and denied them the funds and pemiissions to proceed with their plans. sin November 2022 there was been a search for a suitable new partner. A suitable partner was found in early 2023 in The Luccombe Hub Limited, (Company Number 125405421 and a co-partnering lease was agreed. In an arrangement that has been of great value to both parties. Luccombe Hub ComMend operations on 1 st August 2023, using the site on term time week days. The arrangement with Luccombe Hub has allowed Longmead to go ahead with recruiting a part time Chief Operating Offir, ICOO), starting in September 2024, and who manages the relationship with Luccombe on a day to day basis, The COO also assists with forming and implemenbng the strategy of the charity going foMard.
Longmead Community Farni Limited la company limited by guarantee) Trustees Report Icontinuedl For the year ended 31 December 2024 Review of Activities ontinued This appointment has become even more important as, in July 2025, Lucujmbe Hub informed us that they were not in a position to agree the proposed lease and therefore wll be vacating the premises on 26th September 2025. Wjhile obviously a disappointment, this is also an opportunity for Longmead and out COO has been fomulating a plan to replace this lost income by accessing new InMe streams and expanding and enhanryng on the work wtth young people that was already planned. This indudes a re-engagementwith Dorsel County Council and Boumemouth, Chrislchurth and Poole Counryl with a view to reluming to the provision of work through Dorsel Family Matters, school holiday dub5 and toddler groups, with the first HAF programme being offered during the 2025 summer holidays. This period of accounts covers the thirteenth year of operation as an independent charity - previously this wort( was under the umbrella of Green Pastures Christian Centre (charity no 1090568}. Financial Review The difficult decision to temporarily mothball the Charrty led to the estsblishment of a business relationship with Luccombe Hub, who agreed a licen agreement to use the fami in the pursuit of their own business objectives. The resulting licence fee has allowed the Charity to stabilise its finanaal position with the result that a Chief Operating Officer, ICOOI, was employed in September 2024 in order to facilitate the recommencing of the delivery of the important work of the Charity in supporting young people. In July 2025, Luccombe Hub unexpectedly gave notice that they were terminating the licence agreement and would be vacating the fami at the end of September 2025. However, our COO had already prepared a contingency plan that will repla this lost revenue. This plan includes the expansion of the Family Support Team in line with demand, using the flats and fami for short lemi rental al limes when there are no children present, and a progressive programme of grant and other funding applications. This anticipated new income is conservative but achievable and will allow the Charity to maintain its financial viability. Freehold Land and Pro The Longmead Community Famihouse and land is the sole property owned by the Charty. It was passed to Longmead Community Farm on 6th October 2010 at no cost to the Charity. The farrnhouse and land has been recognised in these 2023 accounts al historic cost for the first time by recognising a malerial prior period adjuslment lo the Charity's reserves brought forward as at 1 January 2022. The historic cost of the land and buildings has been taken as the market valuation as at date of the original gift. Reserves Polic Unrestricted funds should not be less than the equivalent of three months, recurring expendrture. Plans for the Future The appointment of the Chief Operating offir, ICOO), in September 2024, has allowed the Charity to move forward with commencing and developing the services that are offered. During the summer of 2025, holiday activities were commissioned by Dorset Counal and run with great suc(*ss. Future plans include." To re-engage with vulnerable families and to continue to work with local statutory bodies who refer families lo the Charity., To recommence our fundraising by looking into sources of income that will help ensure the sustainability of the Charity., To develop independent revenue streams over weekends and school holidays.. To develop links with other charities and local organisations whose work is aligned with the objectives of the Charity., and To expand on vthat the Charity is able to offer in tems of creative and outdoor activities. This report has been prepared in accordance with the Special provisions of part 15 of the Cornpanies Act 2006 relating to Small Cornpanies on behalf of the board of trusteesl directors. Approved by the Directors l Trustees on . 2025 and signed on their behalf by.. Trustee name: Position: Mrs Katherine Connolly Trusteel Director Trustee name- Mr Paul Frith Position: Trusteel Director
Longmead Community Farni Limited la company limited by guarantee) Independent Examinerfs Report For the year ended 31 December 2024 Independent Examiner's Report to the Trustees of Longmead Community Fami Limited I report to the Trustees on our examination of the aco)unts of Longmead Community Fam Limited la company limited by guarantee) I'the Charity") registered number 1130061 for the year ended 31 December 2024, which are sel out on pages 5 to 15. Responsibilities and basis of report As the Charity's trustees you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 1.the Act"). I report in respect of my examination of the Charity's accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145151{bl of the 2011 Act. Independent examine5 ststement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 11 accounting records were not kept in respect of the Charity as required by section 130 of the Act., or 21 the accounts did not accord with those records,. or 31 the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no cOnrn$ and have come across no other matters in connection wlh the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Douglas Forsyth Bsc FCA Chartered Accountant Roydon Cottage Sandy Down Boldre Lyminglon S041 8PL Date.. . 2025
Longmead Community Farni Limited la company limited by guarantee) Statement of Financial Attivities For the year ended 31 December 2024 Notes 2024 Unrestritted 2024 Restricted 2024 Total 2023 Total INCOMING RESOURCES al Donations and legae$ bl Income from charitable activrties cl Income from other trading activities dl Investment income el Other income 2(a) 21b) 2(el 21d) 2(e) 1.114 1,114 1,557 54,242 54,242 26,283 547 5,539 12,427 12,427 Total incoming resources 67,783 67,783 33,926 RESOURCES EXPENDED ON CHARITABLE ACTMTIES al Expenditure on educational farm activities bl Staff costs cl Property costs dl Depreciation, amortisation Total resources expended 3(a) 31b 3{c) 31d) 5.288 5,477 15.132 837 5,288 5,477 15,132 2,337 10,219 36,464 2,337 1,500 26,734 1,500 28,234 49,020 Net incomingl (outgoing) resources before transfers 41,049 11,5001 39,549 (15,094) TRANSFERS Gross transfers behveen funds - in Gross transfers between funds - out Net incomingl {oulgoingl resources before other recognised gainsl Ilossesl 41.049 11.500 39.549 {15.094} OTHER RECOGNISED GAINS I Realised losses on investments Unrealised gainsl Ilossesl on investments LOSSES 19501 708 NET MOVEMENT IN FUNDS 41.049 11.500 39,549 (15.336) RECONCILIATION OF FUNDS Total funds broughtforward 1 January 2024 50,608 556,090 606,698 622,034 Totsl funds carried fonvard 31 Decernber 2024 91.657 554.590 646,247 606,698 The notes on pages 7 to 15 fom an integral part of these accounts.
Longmead Community Farni Limited (a company limited by guarantee) Balance Sheet As at 31 December 2024 Charity registration number.. 1130061 Company registration number." 06740069 Notes 2024 2023 FIXED ASSETS Tangible fixed assets 530,720 533,057 CURRENT ASSETS Debtors Investments Cash at bank and in hand 17,752 9,739 708 72,615 108,877 126,629 83,062 CURRENT LIABILITIES Creditors falling due within one year {11,102) 19,4211 Nel current assets 115,527 73,641 NET ASSETS 646,247 606,698 CHARITABLE FUNDS Unrestricted Funds Restricted Funds 10 10 91.657 554,590 50,608 556,090 646,247 606,698 For the year ended 31 Dernber 2024 the Company was entitled to exempb'on from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the Company to obtain an audit of its accounts for the year in question in accordan with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act wrth respect to accounting cords and the preparation of accounts. These accounts have been prepared and delivered in accordan(* with the provisions applicable to companies subject to the Small Companies Regime. These accounts were approved and authorised for issue by the board of directors on signed on behalf of the board by.. 2025, and Trustee name: Mrs Katherine Connolly Trnstee name: Mr Paul Frith Position- Trusteel Director Position- Trusteel Director The notes on pages 7 to 15 fomi an integral part of these accounts.
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts For the year ended 31 December 2024 1. ACCOUNTING POLICIES Accountin Conventions and basis of aration The accounts have been prepared in accordance with Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordan( with the Financial Reporting Standard applicable in the UK and Republic of Ireland I'FRS 102,1. the Charities Act 2011 and the Companies Act 2006. The accounts have been prepared on an accruals basis under the historical cost convention. The Charity has taken advantage of the FRS 102 exempts.on from preparing a cash flow for charities which are not large. Incomin Resources All income is recognised On the Charity has enlillement to that income, rt is probable that the income will be received, and the amount of the income receivable can be measured reliably. Income by category as disdosed in the Statement of Financial Activities is as follows.. DonatlOlPS and le 8cies Donations and legacies 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 condilions that require a level of perft>rrnan by the Charity before the Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully satisfied, or the fulfilment of those conditions is wholly within the control of the Charity and it is probable that those conditions will be fulfilled In the reporting penod. Grants Grants are recognised when the Charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfomiance conditsons are attached to the grant and are yet to be met the income is recognised as deferred income. Deferred income Deferred income represents amounts reiVed for future periods and is released to incoming resour$ in the period for which it has been received. Such income is only deferred when either the donor has sperIed that the grant or donation must only be used for future accounting periods, or when the donor has imposed conditions which musl be met before the Charity has unconditional entitlement. Charitable activities Income from charitable activities is for the provision of training. Other tradin activities Other trading activities represents income from the sale of prCJu and other items. and property rental income. Investment income Investment income represents income from bank interest, current asset investments, and solar and biomas5 income. Resources Ex ended on charitsble activities ReSoUrS expended are induded in the Slalement of Financial Activities I'SOFA") on an accruals basis indusive of any VAT. Expenditure is recognised once there is a legal or constructive obligation lo 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 the category. Where costs cannot be directly attributed to a particular heading they have been allocated on a basis consistent with the use of reSoUs. Most of the management is carried out without charge by volunteers. This intangible cost is not included in the Statement of Finanaal Activib'es Sin there is no measurable cost to the volunteers for their servi. Charitable expenditure comprises those costs incurred by the Chanty in the delivery of tts activities and services for its beneficiaries. It includes the costs that can be allocated directly to sud) activities and costs of an indirect nature neSSary to support them. ort costs As a small charity, the Chartty has not reported its income and expenditure on an activty basis, instead il has adopted an approach based on the nature of income received and expenditure incurred. All support type costs le.g. office, administration and governance) are separately disdosed by calegory, and were all incurred directly in connection with activities of the Charity, however an apportionment of those support type costs been different activities is not practical.
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 Tan ible fixed assets Individual assets costing £1,000 or more are initially recorded at cost. Freehold land and buildin On 6th October 2010 the freehold title to the property known as Longmead, Milboume St Andrew, B18ndford Forum, Dorset, Was transferred at no cost from Green pastures Christian Centre of Pastoral Care and Healing Icharily number 1090568, subsequently re-named at the Charity Commission to The Greenhouse Trust UK) to enable the Charity to act as an independent charity in accordan with its objects. De reciation Depreciation is provided on tangible fixed assets other than land to write off the c05t, less any estimated residual value, over their expected useful economic lives as follows.. Biomass boiler Motor vehicles Buildings Straight-line over 20 years 25 percent reducing balan No auMulated depreciation has been treated as charged to date, as the farmhouse and farm buildings are assessed by the trustees as having a long remaining useful economic life of over 50 years, are in good order, and so il is estimated that its residual value for depreaalion purposes is higher than when it was gifted lo the Charity. As such any depreaalion charge would be immaterial to the finanual statements, and therefore a policy of non4epreciation has been adopted. Current asset investments Current asset investments are induded 8t the lower of cost and net realisable valuel market value. Trade debtors Trade debtors are amounts due from customers for merchandise sold or ServIS perfonmed in the ordinary course of business, and are initially recognised at the transaction pri. They are subsequently measured at amortised cost using the effective interest method, less provision for impaim)ent. A provision for impaiment of trade debtors is established when there is objective evidence that the Charity will not be able to collect all the amounts due according to the original terms of the re1vableS. Cash and cash e uivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short temi investments that are readily convertible into a known amount of cash and are subject to an insignificant risk of change in value. Fund structure Unrestricted funds are general funds that are available for use at the trustees discretion in furtherance of the objects of the Charity. Restricted funds are those donated for use in a particular area or for a specific purpose, the use of which is restricted to that area or purpose. Taxation The Charity is considered to pass the test set out in paragraph 1 Schedule 6 of the Finance Act 2010 and therefore meets the definition of 8 charitable Company for UK Corporation Tax purposes. Accordingly the Charity is potentially exempt from taxation in respect of income or capital gains received wrthin categones covered by Chapter 3 Part 11 of that Act or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exdusively to charitable purposes. enc funds Donations received which the Trustees are legally bound to pay on to third parties, and for which the Trustees have no responsibility for the ulb'mate charitable applir2tion of the funds nor are able to direct how the funds are used by third parties, are treated as agency funds. These ftjnds are not recognised as incoming or outgoing reSoUrS in the Statement of Financial Activities or as assets in the balance sheet. Movements in agency funds during the year are disclosed in the notes lo the accounts by party in so far as donorrthird party confidentiality permits.
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 2. INCOMING RESOURCES 2024 2024 2024 2023 Unrestricted Restricted Total Total Donations and le acies Donations from individuals Gift Aid reclaimed Grants from other charities 559 490 65 559 490 65 1,057 470 30 Sub-total for 2024 1,557 Sub-total for 2023 1,557 1,557 Income from charitable activities Educational farm-based activities Sub-total for 2024 Sub-total for 2023 Income from othertradin activities Sales of goods and services Renewal Heat Incentive and Feed in Tariff Luccombe Hub income Property rental income 13,909 40,333 13,909 40,333 2,233 22,000 2,050 Sub-total ft)r 2024 54.242 54.242 26,283 Sub-lotal for 2023 26,283 26,283 Investment income Other income.. fixed asset investments Other income.. current asset investments 547 Sub-total for 2024 547 Sub-total for 2023 547 547 Other income Utility cost recharge from Luccombe Hub other income 12,427 12,427 4,939 600 Sub-total for 2024 12.427 12,427 5,539 Sub-total for 2023 5,539 5,539 Totsl incoming resources 2024 67,783 67,783 33,926 Total incoming reSoUS 2023 33,926 33, 926
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 3. RESOURCES EXPENDED 2024 2024 2024 2023 Unrestricted Restricted Totsl Totsl nditure on educational farrn based activities Office equipment expense Motor expenses Animal fees and expenses Telephone and broadband Postage and stationery Training, staff supervision, recruitment costs Accounts and office expenses Professional fees.. accountancy Professional fees.. legal and other professional fees Subscriptions Activity materials, family work, food, travel Sundry costs Travel expenses 500 132 142 1.385 500 132 142 1,385 3,549 695 300 332 1,837 300 332 1,837 201 2,648 2,875 251 285 285 375 375 Sub-total ft)r 2024 5.288 5,288 10,219 Sub-tot81 for 2023 10,219 10,219 Staff costs Total staff costs 5,477 5.477 Sub-total for 2024 5.477 5.477 Sub-lotal for 2023 Pro osts Regulatory costs House running costs House repairs and renewals Boiler repairs and maintenan Grounds and barn repairs and renewals Insuran costs 960 7.273 976 2,692 960 7,273 976 2,692 22,645 2,480 339 8,868 2,132 3,231 3,231 Sub-total for 2024 1S,132 1S,132 36,464 Sub-total for 2023 36,464 De reciation amortisation and othersimilar costs Depreciation of fixed assets 837 1,500 2,337 2,337 Sub-total ft)r 2024 837 1.500 2,337 2,337 Sub-lotal for 2023 837 1.500 2,337 2024 total resources expended 2023 total reSoUrS expended 26.734 1.500 28.234 49.020 47,520 1,500 49,020 10
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 4. TANGIBLE FIXED ASSETS Land Restricted Buildings Restricted Plantand Plant and Motor equipment equipment vehicles Restricted Unrestricted Unrestricted Total Cost blf 1 January 2024 50,000 450,000 30,000 7,495 545,339 Addition5 Disposals clf 31 Dember 2024 50,000 450,000 30,000 545,339 Depreciation blf 1 January 2024 4.500 1,176 6,606 12,282 Charge for the year Disposals clf 31 Dember 2024 1.500 392 445 2,337 6,000 1,568 7,051 14,619 Net book Value As at 31 December 2024 so,000 450,000 24,000 6,276 530,720 At 31 Dember 2023 50,000 450,000 25, 500 6, 668 889 533,057 S. CURRENT ASSET INVESTMENTS 2024 Unrestricted funds 2024 Restricted funds 2024 Total 2023 Total Listed other shares.. Charities Aid Foundation Fixed Interest Income units Valuation 1 January 2024 PrOedS of investments sold in the year Realised {lossl in year Unrealised gainl Ilossl in year 708 (708) 708 {708) 26,525 {25,5751 19501 708 Valuation 31 December 2024 708 11
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 6. DEBTORS 2024 2023 AMOUNTS DUE WITHIN ONE YEAR Trade debtors Prepayments Other debtors Payroll tsxes overpaid 9,626 1,753 5,553 820 210 4,590 4,939 17.752 9.739 7. CASH AND CASH EQUIVALENTS 2024 2023 Cash at bank 108,877 108.877 72,615 72,615 8. CREDITORS 2024 2023 AMOUNTS FALLING DUE THIN ONE YEAR Other creditors (LInCe deposits held) Accruals Pensions payable 3,667 7,169 266 3,667 5,754 11,102 9,421 9. MOVEMENT IN FUNDS Descri tion of funds al General: Unreslricled funds which are not restricted or designated for any particular purpose other than for the furtheran of the Charity's objects are credited to the general fund. b) Boiler re lacement: Restricled fund holding funds r1Ved for the replament ofthe biomass boiler. cl Meet and Mend Monda and grounds of the farm. This is a restricied fund for a volunteer scheme where volunteers help maintain the property d) Bam Insulation: Restricted funds reiVed for the purpose of re-insulating the bam. el The Breslaff Centre: Restricted fvnds reiVed from the Breslaff Centre which is to be used for family work continuation. mead- Restricted funds being the market value at date of the gift in October 2010 of the18nd and buildings 8t Longmead which is held for continuing use in the Charity. 12
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 9. MOVEMENT IN FUNDS {continued) Balance blf 1 January 2024 Incoming resources Outgoing resources Other recognised Gains Other Balance clf recognised 31 December (Losses} 2024 Unrestricted funds al General Sub-total for 2024 50,608 67,763 {26,734) 26,734 91,657 50,608 67,783 91,657 Restricted funds bl Boiler replament cl Meet and Mend Monday5 dl Barn Insulation el The Breslaff Centre Q Longmead 25,500 (1.500) 24,000 590 30,000 500,000 590 30,000 500,000 Sub-lotal for 2024 556,090 (1.500) 554.590 Total funds 2024 606,698 67,783 (28,234) 646,247 PRIOR YEAR Balance b/f l January 2023 Incoming resources Outgoing resources Other recognised Gains Other Balance c/f recognised 31 December (Losses) 2023 Unrestricted funds a) General 64,444 33,926 (47.520J 708 (950) 50,608 Sub-total for 2023 64,444 33.926 47.520 950 50.608 Restricted funds b) Boiler replacement ) Meet and Mend Mondays d) Bam Insulation e) The Breslaff Centre 4 Longme8d Sub-tot81 for 2023 27,000 (1.500) 25,500 590 30,000 500,000 590 30,000 500,000 556,090 557,590 1,500 Total funds 2023 622,034 33,926 49,020 950 708 606,698 13
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts (continued) Forthe year ended 31 December 2024 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total 2023 Total FIXED ASSETS Tangible fixed assets 6,720 6,720 524,000 524,000 530,720 530,720 533,057 533,057 CURRENT ASSETS Debtors Investments Cash at bank and in hand 17.752 17,752 9,739 708 72,615 78,287 30,590 108,877 96.039 30,590 126,629 83,062 CURRENT LIABILITIES Creditors falling due within one year {11,102) {11,102) 19,4211 Nel current assets 84,937 30,590 115,527 73,641 NET ASSETS AT 31 DECEMBER 91,657 554,590 646.247 606,698 PRIOR YEAR 2023 Unrestricted Fund5 2023 Restricted Funds 2023 Total FIXED ASSETS Tangible fixed assels.. 7,557 525,500 533,057 CURRENT ASSETS Debtors Investments Cash at bank and in hand 9,739 708 42,025 52,472 9, 739 708 12,615 83,062 30,590 30,590 CURRENT LIABILITIES Creditors falling due within one year (9.421) (9,421) Net current assets 43,051 30,590 73,641 NET ASSETS A T 31 DECEMBER 50, 608 556,090 606, 698 14
Longmead Community Farni Limited la company limited by guarantee) Notes to the Accounts Icontinuedl For the year ended 31 December 2024 11. STAFF COSTS 2024 2023 The costs ofemploying Key Management Personnel during the yearwere". Gross salaries.. 5,363 Employers National Insuran Contributions". Employers pension contributions.. 114 5,477 The average number of employees throughout the year was (rounded up to the nearest whole No employee received 8 salary in excess of£60,000 during the year12023". none). In addition to the above staff costs a great amount of ts"me. the value of which is impossible to reflect in these accounts, is donated to the Charity each year by volunteers. During 2024 the Charity paid totsl pension contributions of £114 {2023." £nill for employees to the pension fund, which is a defined contribution scheme administered by NEST. As at 31 December 2024 the Charity was holding £266 in respect of intended pension contributions on behalf of employees at the year end12023.' £nil)- 12. TRUSTEE EXPENSES AND OTHER BENEFITS No trustee expenses have been incurred (2023-. nil). None of the trustees have been paid any remuneration or received any other benefits from an employment with the Charity12023'. nil). 13. RELATED PARTY TRANSACTIONS There were no transactions with the Trustees or Key Management Personnel or any other related party transactions that require disclosing. 14. POST BALANCE SHEET EVENTS On 10 August 2025 it was announced that Longmead's key site sharing partner organisation, Luccombe Hub, had decided lo close and relocate its allernalive education provision following an unplanned teryninatson of ils occupancy at Longmead Community Fami in Milborne St Andrew. The agreement will fomially end on 26 September 2025. The effect on the Charity's future financial ststements will be the loss of £3.667 of rentsl income per month, together with the loss of quarterly utility recharges which totalled £12,427 in 2024. The Charity has considered the effect this loss of income will have on its ability to continue as a going concem and have reached the condusions noted in section 15 below. This has been treated as a non- adjusting post balance sheet event. 15. GOING CONCERN REVIEW The Trustees have assessed whether the use of the going conrn basis is appropriate and have considered possible events or conditions that might cast any significant doubts on the ability of the Charity to continue as a going concem. The Trustees have made this assessment for a period of at least one year from the date of approval of the accounts. The Trustees have concluded the Charity has adequate resources to continue in operational existen for the foreseeable future, and therefore continues to adopt the going eontsm basis in preparing its accounts. 16. COSTS OF INDEPENDENT EXAMINATION AND OTHER FINANCIAL SERVICES 2024 2023 During the year the following amounts were payable ITr respect ot_ Costs of the independent examination Other finan ServIS (accountancy ServiS} 750 1,087 750 1,900 b} 1.837 2.650 15