COMPANY REGISTRATION NUMBER: 06221780 CHARITY REGISTRATION NUMBER: 1135678 Brogdale Collections Company Limited by Guarantee Unaudited Financial Statements 31 December 2024 BURGESS HODGSON AUDIT LIMITED Chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN
Brogdale Collections Company Limited by Guarantee Financial Statements Year ended 31 December 2024 Page Trustees, annual report (incorporating the directorfs report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position 10 Notes to the financial statements 11
Brogdale Collections Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) Year ended 31 December 2024 The trustees, who are also the directors for the purposes of company law, present their report and th8 unaudited financial statements of the charity for the year ended 31 December 2024. Reference and adminlstrative detalls Registered charity name Brogdale Collections Charity registration number 1135678 Company reglstration number 06221780 Principal office and registered 1-3 Brogdale Farm office Brogdale Road Faversham Kent ME13 8XZ The trustees N G Franklin CGLane H T Pettit A J Ferguson D A Josephs M J Trigg PARoe TFGLaDall (Resigned 24 May 2024) {Appointed 24 May 2024) (Reslgned 17 February 2025) Independent examlner Andrew Collyer Burgess Hodgson Audit Limited Camburgh House 27 New Dover Road Canterbury Kent CTI 3DN
Brogdale Collections Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 December 2024 Structure, governance and management Governing document The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Brogdale Collections was incorporated on 23 April 2007, and became a registered charity on 27 April 2010. The company is constituted by ils revised Memorandum and Articles of Association, dated 14 April 2010, which were drawn up on registration as a charity. Recruitment and appointment of new trustees There are between 4 and 6 Trustee meetings each year. Trustees have both general interests and expertise regarding Brogdale Collections, as well as special experience and hence the provision of specialist assislance including assisting the Executive and participating on various project teams. This is in addition lo the specific roles of Chair, Treasurer, Honorary Secretary and a Director deputed lo act as the key liaison between the Board and the Executive. Brogdale Collections welcomes new Trustees, with relevant expertise and enthusiasm. They would be given a full induction, including tours of the site and the National Fruit Colleclion as well as a history of the Charity, its current policies and its projects, plans and aspiralions. Organisational structure The board of trustees meets regularly throughout the year lo ensure appropriate govemance and to establish the strategic direction of the organisation, and monitoring its progress, whilst delegating the day to day responsibility for the operations of the charitable company to the Operations Manager. Related parties There Is an Inlerest-free loan from Mr A J Hilller who previously seNed as a truslee. At 31.12.24, thls amounted to £173,893. Mr Hillier has confirmed that this loan will not need lo be repaid in the near future. Objectives and activities Objectives Brogdale is home to The National Fruit Collection (NFC) one of the largest and most dSverse in the world. As such it is a national as well as a local asset, in terms of our heritage, horticultural history and diversity. Brogdale Collections is the charity whose aims are lo provide access for the public to the Collection and public engagement with the Collection. This includes visits to Brogdale, including guided tours organized by the Charity. It also includes providing information, delivering courses and education, organising festivals and events, as well as outreach activities promoting the local, national and international significance of the Collection, the importance of horticulture and biodiversily, of healthy eating and lifestyles. the environment as well as our heritage.
Brogdale Collections Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrector's Report) (continued) Year ended 31 December 2024 Brogdale offers a rich diversity of fruit trees. which enable Ihe public to enjoy nature and Ihe environment, particularly at blossom time and at harvest when a wide range of varieties can be seen, tasted and bought. Brogdale Collections aims to ensure Ihat this can continue. Without the Charity, there would be no public access to the National Fruit Collection, and little public profile. WithoLFt this public interest and profile, the Collection and the other trees at Brogdale could be at risk. Several old orchards at Brogdale were planned to be grubbed up, including some NFC orchards as part of a planned regeneration every 20 years or so. Bul these orchards contain many old and rare varieties and are of interest to the general public. Brogdale Collections has taken over their management, and the associated costs. Without the Charity these trees at Brogdale would be lost forever. Since the NFC is a scientific collection. there are restrictions on the types of access, so the Charity organizes guided tours. The public does not have general access without the guides. However, the orchards managed by the Charity do not have such limitations, so the public has been able to visit them more freely. and even for PYO which enables Ihe range and diversity of fruit lo be enjoyed by all. As well as the herilage and history, greater emphasis is being asked for, and being provided regarding the importance of our food. its origins. its suslainabilily and the need for a healthy diet and lifestyle. We offer Gustomised food activities and events. usin9 our extensive knowledge. skills, and experience and in collaboration with outslanding partners. Increasing people's understanding of the role food plays in their daily lives, will encourage positive choices, habits and behaviours, resulting in an increase in personal and community wellbeing. All these activities are rooted in the National Fruit Collection which increases public awareness and commitment for this unique national asset. Whilst many know about Brogdale and the National Fruit Collection, and fully support our objectives, many do not realise Ihal Brogdale Collections, the Charity receives no Government or direct funding for its activities. Hence it relies on its own income generation and the support of key funding organisations. We are also very reliant on a small dedicated team who organize all the activities for Brogdale Collections, working very hard and delivering excellent festivals and events, public, schools and group visits, and superb information and education, working closely with our invaluable team of volunteers. Brogdale Collections relies heavily on these local volunteers, and we are extremely grateful. In setting the charity's objectives, the trustees have given careful consideration to the Charity Commission's guidance on public benefit. The trustees are satisfied that the charity's activities have been for the public benefit. Achlevements and performance Background 2023 Up lo 2019, the Chariiy had buill up a range of activities and events, increasing visitor numbers to over 17.000. This meant that the Charity delivered a profit of £37,504 and had built up reserves for further development. Then Covid hil. Fortunately, these reserves, together with tight fiscal management, and the help of several funders, meant that we survived the "Covid years" But the following years were very difficult for the Charity and 2023 saw a significant loss. Funders had exhausted their money during the previous period, so funding levels were less than hoped. Also, public behaviour was slow to return to pre-covld patterns, and vlsltors were less than expeclatlons and well below 2019 With depleted reseNes we were also not able to make the investment in major events, such as the successful apple festivals prior lo Covid. These also represent a risk as they are weather dependent: a fact illustrated by the failure of the cherry crop in 2023, which was a once in a generation situation. Hence, we were not able to have a cherry festival, nor our very popular cherry lours and cherry sales.
Brogdale Collections Company Limited by Guarantee Trustees, Annual Report {Incorporating the Director's Report) {contlnuéd) Year ended 31 December 2024 2024 The year 2024 has enabled us to return to stability, with a small profit, and establishing a range of activities that have proved successful and will create a base for further growth in 2025. We are happy to list the major achievements below. The Heritage Orchards The main interest of DEFRA with the NFC is the continuity of graft-wood material for future generations and for scientific research. As such, they have a programme to replace trees every 20 years or so. Yet, the old Irees slill are productive and provide more interest lo the public than Ihe very young trees that they are replaced with. Brogdale Collections, the Charity has tried to save these heritage orchards and their Irees by taking over responsibility for them from DEFRA. These include heritage apple, pear. plum, cherry, gage and qLFince trees that the NFC considered surplus to requirements and would otheiSe have destroyed. In 2024 we had a total of 6.5 hectares. This enabled us to provide much greater access to the orchards for our local communities and the public and for the many schools who visit. In early 2025 we will take over responsibility for an additional 1.25 hectares of cherries from DEFRA- the NFC3 cherry collection, which they were planning lo destroy this winter. But taking on such orchards Greates a heavy cost for us, so we will release 0.92 of our existing 6.5 hectares of orchards. Although disappoinling, the ones being lost are those with the least benefit to the public and are far away from where the public usually walks. The costs saved will enable us to take on the cherries. These heritage orchards represent a major cost for the Charity, including the employment of two orchardisls. They are employed for pruning and other winter tasks, together with helping with events, and from June onwards in harvesting the fruit for the public to enjoy. The Ornamental Orchards The Charity has also created a 240-tree ornamental cherry tree collection to replace a much smaller one that DEFRA and Reading University did grub up in 2019. Although very attractive and interesting, especially at blossom time, they were considered unnecessary. In planting Ihe larger orchard al our own considerable cost, we have been able to increase the number of varieties. extend the flowering period and have trees that are more disease resistant. We now use these trees and other resources at Brogdale for a range of hands-on educational. leisure, well-being and volunteering activities for adults and young people. But they have also been key to our spring programme of evenls. The blossom period, together with harvesl lime, is a key part of our season, attracting many visitors. To emphasis Ihis, we introduced the Hanami festival, which is an important aspect of Japanese culture. Gelebrating the spiritual annual "rebirth" of nature. We were able to re-instate this feslival in 2024, with the help of the Japanese Embassy. With almost 1000 visitors on one day, we plan to extend this to two days in 2025. Events and festivals Not having the funds in 2024 for larger festivals and events, we were able to run a series of seasonal community festivals and small events. We use these to achieve our charitable objectives of educating the public about our horticultural heritage and diversity and promoting healthy and sustainable lifestyles. These have been very successful, especially our "heritage orchards" weekends. These also enable visitors to see the diversity of fruil, and to pick them themselves.
Brogdale Collections Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢ontlnuèd) Year ended 31 December 2024 In 2025 we will increase the number and frequency, every weekend from mid-June (cherries) to late October (apples). We will re-introduce the various fruit festivals for cherries, plums, and apples. As well as these major events, in 2024 we also organised spring blossom tours, fruit trails, and a cider festival. In addition, we have welcomed visitors all year round for self-guided walks and provided guided tours of our orchards. Youth education activities Central to our mlssion is our educational work with young people. The collection, and the trees we are now responsible for, constitute a wonderful resource to use to give children knowledge and practical skills and experiences relaling to sustainable food production, healthy eating, STEM subjects and the natural environment. Education is a key driver for the Charity. In 2024 school visits have increased by almost 30 % with 1963 children visiting which is almost double that for 2022 (plus a further 600 via our outreach programme which is three times that for 2023). Our Gardens In addition, our Garden for Wildlife, has functioned as an outdoor classroom and features a bee hotel, pond and bog habilals, raised beds, a sensory garden, a compost area, a rock habitat, and a wildflower meadow. We also have a World Music garden. Our Weather garden, sited next lo the Met Office weather station enables children to make meteorological measurements and learn how the weather and climate affect our trees. The Newton Space Garden Next to the we8ther garden we have started to construct the Newton Space Garden. A partnership project involving the UK Space Agency is centred on an apple tree grown from a seed from the Lincolnshire tree that inspired Sir Isaac Newton's theory of gravity. and which was taken into space by UK astronaut Tim Peake. We have constructed a space dome made of willow which creates a central focus next to the "space sapling" In 2025 we will extend this further, with the installation of a willow entrance tunnel, and extra planting. We have also installed an "advenlure trail" which takes the children from the dome (positioned as the "sun") through various "planel beds" explaining the universe. Each "planet" is located in proportion to their distance from the sun. and their sizes are also in proportion to each other. With additional trees being planted wilh 'space" connections, this is a unique and inspiring garden in which to leach children (and adullsl in an exciting way the significance of the universe, climate and the weather, and their effects on horticulture, growing and food. New Walks and Signage Although access to the National Fruit Collection is limited, mainly with guided tours, the addition of our heritage orchards allows freer access for the public. To support Ihis, in 2025 we are introducing 4 new walks: a long walk a shorter walk a Young Explorers trail, and a shorter, more accessible trail on smoother terrain, for those who have less energy, time or may have a health issue (NB we do have two suitable outdoor wheelchairs available on site). With these walks we will install new signage and information boards to inform, and to educate and for the public lo enjoy.
Brogdale Collections Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 December 2024 Frult Fruit is core to our mission with it being key that visitors can see, taste and buy fruit al Brogdale. Without it, the whole being of the Charity is threatened. This has involved the Charity taking on a significanl financial Gommilment, with its orchards, and the responsibility of harvesting Ihe fruit itself. But it does mean that Ihe public can enjoy not only the trees at Brogdale but also its fruil. Wilh the diversity of fruit, and the varieties we also aim for the public to appreciate that biodiversity. Our school visits often include picking the fruit and then using it, either preparing meals to take home or by pressing the fruit to drink. We have found that the best way to illustrate the biodiversity of the frult, and the range of varieties avai18ble, is by the public being able to see. pick and taste the fruit. Innovation 2024 saw the Charlty develop its aclivities but within tight financial parameters. These have proved successful, and in 2025 we will build on these successes. increasing their number and frequency. But we also recognise the value of innovating, trying new ways of working and adapting the range of activities that we deliver on site for Ihe benefit of the community and to reach new audiences for Brogdale Collections. Financial review Financial position Total incomin9 resources for the year 2024 totalled £434,053 compared to £284.190 in the prior year, based on increased activity. Total resources expensed in 2024 were £412,599 compared to £332,097 in the prior year. The main expense is staff cost of £174,715. other significant cosls are direct expenses relating to our festival events and educational visits. The financial result for the year 2024 was a small profit of £21,454, reflecting the strenuous efforts to encourage visitors, and more events and activities, plus successful efforts at fund-raising. The latter still represents 450/0 of income, so we are extremely grateful for such support. The year 2024 has enabled us to return to stability, with a break-even position after the losses of 2023, and eslablishing a range of activities that have proved successful and will create a base for further growth in in 2025. The charity has a healthy cash balance of £136,229 at the end of 2024. compared to £81,549 in the previous year. Resenies policy The Trustees have a target of holding reserves equivalent to 3 months oparating expenditure. However so far this has not been possible due to Brogdale Collections going through a developmenllgrowth phase. Al the end of year net current assets were £97,534. A £173,893 interest free trustee's loan is also due, however the trustee concerned has confirmed this will not be recalled in the foreseeable future. On this basis the Trustees consider that the assets are sufficient for the purpose of Brogdale Collections, continued viability.
Brogdale Collections Company Limited by Guarantee Trustees. Annual Report {Incorporatlng the Director's Report) (¢onlinu•dJ Year ended 31 December 2024 Golng concern After making appropriate enquiries. the Trustees have a reasonable expeclalion thal Ihe company has adequate resourGes to continue in operational existence for the foreseeable future. For Ihis reason they continue lo adopt the going concern basis in preparing the financial statements. Trustees. responsibilities statement The trustees, who are also directors for the purposes of company law, are responsible for preparing the tmstees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees lo prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expendilure, for that period. In preparing these financial statements, the trustees are required lo- select suitable accounting policies and then apply them consistenlly., observe the methods and principles in the applicable Charities SORP,. make judgments and accounting estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless il is inappropriate to presume Ihat the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accLFracy at any time the financial position of the charity and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The Iruslees, annual report was approved on 21 July 2025 and signed on behalf of the board of trustees by.. M J Trigg Trustee
Brogdale Collections Company Limited by Guarantee Independent Examiner's Report to the Trustees of Brogdale Collections Year ended 31 December 2024 I report to the trustees on my examination of the financial statements of Brogdale Collections ('the charity,) for the year ended 31 December 2024. Responsibilities and basis of report As the trustees of the company {and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'l. Having salisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried oul under section 145 of the Charities Act 2011 {'Ihe 2011 Act,). In Garrying out my examination I have followed the Directions given by the Charity Commission under section 145(51(b) of the 2011 Act. Independent examiner's statement Since the charity'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 l am qualified to undertake the examination because l arn a member of the Institute of Chartered Accountants in England and Wales (ICAEWI, which Is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act" or the financial statements do not accord with those records-, or the financial statements do not comply wilh the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination., or the financial statements have nol been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by Gharities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Andrew Collyer Burgess Hodgson Audit Limited Independent Examiner Camburgh House 27 New Dover Road Canterbury Kent CT13DN ztS4 J,{
Brogdale Collections Company Limited by Guarantee Statement of Financial Activlties {including income and expenditure account) Year ended 31 December 2024 2024 Restricted funds Total funds 2023 Unrestricted funds Total funds Note Income and endowments Donations and legacies Charitable activities other trading activities Investment income 1,756 393,096 7,153 33 1,756 425.111 7,153 33 15.327 265.672 3.180 32,015 Total income 402,038 32,015 434,053 284,190 Expenditure Expenditure on raising funds.. Cosls of raising donations and legacies Expenditure on charitable activities Other expendilure Total expenditure 22.986 365,472 {200) 388,258 22,986 389,813 (200) 412.599 5,512 326,585 10,11 12 24,341 24,341 332,097 Net Incomel(expendlture) and net movement in funds 13,780 7,674 21,454 {47,907) Reconcilialion of funds Total funds brought fOard Total funds carrled forward (87.7151 (73.9351 43,957 (43,758) (22,304) 4,149 51.631 (43,758) The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 11 to 20 fomi part of theso financial statements.
Brogdale Collections Company Limited by Guarantee Statement of Financial Position 31 December 2024 2024 2023 Note Fixed assets Tangible fixed assets 18 44,619 49.709 Current assets Stocks Debtors Cash at bank and in hand 19 20 5,571 15,741 136,229 1,067 11,998 81,549 157,541 94,614 Creditors: amounts falling due within one year Net current assets 21 60,007 14,188 97,534 80,426 Total assets less current liabilities 142,153 130,135 Creditors: amounts falling due after more than one year 22 173,893 173,893 Net liabilities (31,740) {43,758) Funds of the charlty Restricted funds Unrestricted funds 32,116 (63,856) {31,740) 43,957 (87.715) (43.758) Total charlty funds 26 For the year ending 31 December 2024 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 Ihe company to obtain an audit of its financial statements for the year in question in aGGordance with section 476- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statemenls were approved by Ihe board of trustees and authorised for issue on 21 July 2025, and are signed on behalf of Ihe board by- M J Trigg Trustee The notes on pages 11 to 20 form part of these financial statements. 10
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements Year ended 31 December 2024 General informatlon The charity is a public benefit entily and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 1-3 Brogdale Farm, Brogdale Road, Faversham, Kent, ME13 8XZ. Statement of compliance These flnancial stalemenls have been prepared in complSance wilh FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Slatement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland {FRS 1021 (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. The financial stalements are prepared in sterling, which is tho functional currency of the entity. Going concern The trustees have considered the going concern position of the charity laking into account post year-end performance, forecasts and the financial position of the charity. Despite nel liabilities of £31,740 and an unrestricted funds deficit of £63,856, the trustees believe the charity is a going concern. This is mainly due to the fact that the long term creditors of £173,893 is an interest free connected party loan and the party concerned has confirmed this will not be recalled in the foreseeable future. At the end of year net current assets were £97,534. Therefore, there are no material uncertainties about the charity's abilily to continue. Judgements and key sources of estimation uncertainty The preparalion of the financial statements requires management to make judgements, estimates and assumplions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accountTng Unrestricted funds are available for use al the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowmenl funds. 11
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 December 2024 Accounting pollcles fcontlnu8d) Incoming resources All Incoming resources are included in the statement of financial activities when enlitlemenl has passed to the Gharity. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cosl to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from conlracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activilies, events. non-charitable trading activities, and the sale of donated goods. expenditure on charitable activilies includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned lo charitable activities. other expenditure includes all expenditure thal is neither relaled to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs altribulable to a single activity are allocated directly to Ihat activity. Shared costs are apportioned between Ihe activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation. 12
Brogdale Collections Company Limited by Guarantee Notes to the Financlal Statements (contlnued) Year ended 31 December 2024 Accounting policies (contlnu8d) Depreciation Depreciation Is calculated so as to write off the cost or valuation of an asset, less ils residual value, over the useful economic life of Ihal asset as follows.. Weather station Beastie Garden Office equipment Other fixed assets 150/0 reducing balance 150/0 reducing balance 150/0 reducing balance 15¥0 reducing balance Stocks Stocks are measured at Ihe lower of cost and estimaled selling price less costs to complete and sell. Cost includes 811 GOSts of purchase, costs of conversion and other costs incurred in bringing the stock lo its present location and condition. Government grants Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensale. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support lo the entity with no future related costs are recognised in income in the period in which it becomes receivable. Financlal instruments Financial instruments are classified and aGcounted for. according to Ihe subslance of the contraclual arrangements entered into. Debtors and creditors with no stated interest rale and receivable or payable within one year are recorded at transaction price. Any losses arising from Impairment are recognised in the profit and loss account in other administratlve expenses. Loans and borrowings are initially recognised al the transaction price including iransaction costs. Subsequently, they are measured at amortised cost using ihe effective inlerest rate method, less impairment. If an arrangement constitutes a finance transaction il is measured al present value. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Llmited by guarantee The company is a private company limited by guarantee, and consequently does not have a share capital. Each of its members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation. 13
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements fcontlnued) Year ended 31 December 2024 Donatlons and legacles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donatlons Voluntary donations 1,756 1,756 3,327 3,327 Grants Government grant income 12,000 12,000 1,756 1.756 15,327 15,327 Charitable actlvltles Unrestricted Funds Restricted Total Funds Funds 2024 Fruit colleclion tours and education Festivals and events Grants 119,532 73,067 200,497 119,532 73,067 232,512 32,015 393,096 32,015 425,111 Unrestricted Funds Restricted Total Funds Funds 2023 Fruil collection tours and education Festivals and events Grants 8,376 81,318 88,354 87,624 96,000 81,318 88,354 178,048 87,624 265,672 Other tradlng activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Room and equipment hire Gift Aid 7,016 137 7,016 137 2,138 1,042 2,138 1,042 7,153 7,153 3,180 3,180 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 33 33 11 14
Brogdale Collections Company Limited by Guarantee Notes to the Flnancial Statements (conlinued) Year ended 31 December 2024 Costs of raising donatlons and legacles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Costs of raising donations and legacies - Donations 22,986 22,986 5,512 5,512 10. Expenditure on charltable actlvities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 All charitable activities Support costs 287,480 77,992 23,511 830 310,991 78,822 365,472 24,341 389,813 Unrestricted Funds Restricted Total Funds Funds 2023 All charitable activities Support costs 159,686 80,896 86,003 245,689 80,896 240.582 86,003 326,585 11. Expenditure on ¢harltable actlvltles by activlty type Activities undertaken directly Support Total funds costs 2024 Total fund 2023 All charitable activities Governance costs 310.991 310,991 78,822 245,689 80.896 78,822 310.991 78,822 389,813 326,585 12. Other expendlture Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Gain on disposal {200) (200) 13. Net incomel(expendlture) Net incomel{exp8nditure) is stated after chargingl(credlting): 2024 2023 DepreGialion of tangible fixed assets 7,557 1,980 15
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 December 2024 14. Auditors remuneratlon 2024 2023 Fees payable for the audit ofthe financial statements 8,000 15. Independent examlnatlon fees 2024 2023 Fees payable lo the independent examiner for.. Independent examination of the financial statements 1,750 16. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security costs Employer contributions to pension plans Other employee benefits 164,509 6,968 3,238 1,548 127.227 5,355 2,580 1,485 176,263 136,647 The average head count of employees during the year was 14 {2023.' 13). The average number of full-time equivalent employees during the year is analysed as follows: 2024 2023 Charitable activities Administration. Marketing and Commercial No employee received employee benefits of more than £60,000 during the year (2023: Nil). 17. Trustee remuneratlon and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the truslees. No trustee expenses have been incurred. 16
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements (¢ontlnu•dJ Year ended 31 December 2024 18. Tanglble flxed assets Weather station Beastie Office Other fixed Garden equipment assets Total Cost At 1 January 2024 Additions Disposals At 31 December 2024 6,278 14,750 20,231 132.613 2,467 {200) 134,880 173,872 2,467 (200) 176,139 6,278 14,750 20,231 Depreciation At 1 January 2024 Charge for the year Disposals At 31 December 2024 4,265 302 9,064 853 16,470 532 94,364 5,870 (200) 100,034 124.163 7.557 (200) 131.520 4,567 9,917 17,002 Carrying amount At 31 December 2024 1.711 4,833 3,229 34,846 44,619 At 31 December 2023 2,013 5,686 3,761 38,249 49,709 19. Stocks 2024 2023 Raw materials and consumables 5.571 1,067 20. Debtors 2024 2023 Trade debtors Prepayments and accrued income Other debtors 8,718 3,921 3,102 5,019 4,448 2,531 15,741 11,998 21. Credltors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes Other creditors 10,822 45.404 3,219 562 1,032 8,229 2,378 2,549 60,007 14,188 17
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements (¢ontinued) Year ended 31 December 2024 22. Creditors: amounts falling due after more than one year 2024 2023 Other creditors 173,893 173,893 23. Deferred Income 2024 2023 Amount deferred in year 45,000 24. Pensions and other post retirement beneflts Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined Contribution plans was £3.238 (2023: £2,580). 25. Government grants The amounts recognised in the financial statements for govemment grants are as follows: 2024 2023 Recognised in income from donations and legacies: Government grants income 12,000 26. Analysis of charltable funds Unrestricted funds At 31 December 2024 At 1 January 2024 Income Expenditure Transfers General funds (87,715) 402,038 (388,258) 10,079 {63,856) At 31 December 2023 At 1 January 2023 Income Expenditure Transfers General funds (38,187) 196,566 (246,094) {87,715) 18
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 December 2024 26. Analysls of charltable funds fcontinued) Restricted funds At 31 December 2024 At 1 January 2024 Income Expenditure Transfers Bee Project Beastie Garden Space garden Weather station Core funding Driveway World Music garden Filming project Brogdale book Education equipment Fund Raising Manager School Travel REST- Hanami REST- Omam Cherry REST- Signage Other funds 4,303 (1,185) 600 1,444 (4,303) 1,185 14,500 118,133) (3,033) (1.444) 1,583 111 593 7,177 4.883 (1,583) {111) (593) (1,900) {4,8831 2,000 7,277 7,602 5,000 1,165 4,000 1830) (5,000) (937) 7,000 4,000 5,350 5.000 {378) 4,972 11.900 6,900 (11,846) (19,515) 11,846 43.957 32.015 (24.341) 32.116 At 31 December 2023 At 1 January 2023 Income Expenditure Transfers Bee Project Beastie Garden Space garden Weather station Core funding Driveway World Music garden Filming project Brogdale book Education equipment Fund Raising Manager School Travel REST- Hanami REST- Ornam Cherry REST- Signage Other funds 5,115 (825) 600 1,564 (812) (360) 4,303 (1,185) 600 1,444 (120) (65,000) 65.000 1,583 545 593 7,843 6,030 1,583 111 593 7.177 4.883 (434) (666) (1.147) 2,000 10,000 5,470 5,000 (12,000) (2,868) 5,000 7,602 5,000 17,288 2,154 {2,596) (86,003) {5,000) 11,846 42,336 87,624 43,957 19
Brogdale Collections Company Limited by Guarantee Notes to the Financial Statements (eontlnu8dJ Year ended 31 December 2024 27. Analysls of net assets between funds UnrestriGted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less Ihan 1 year Creditors greater than 1 year Net liabilities 38,075 131,969 {60,007) (173,893) (63,856) 6,544 25,572 44,619 157,541 (60,007) (173.893) (31,740) 32,116 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Currenl assets Creditors less than 1 year Creditors greater than 1 y8ar Not liabilities 42,010 51,692 {15,223) (173,893) {95,414) 7,699 43,957 49,709 95,649 (15,223) {173.893) (43,758) 51,656 28. Related parties There is an interest free loan from a Trustee. At the year end the balance due was £173,893 (2023: £173,893). 20