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|Directors' Report|Pages3-20|
|---|---|
|lndependentExaminer'sreport|Page 22|
|StatementofFinancialActivities|Page 23|
|StatementofFinancial Position|Page 24|
|NotestotheFinancialStatements|Pages24-30|





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|Reference andAdministrativ|eDetails|
|---|---|
|CompanyName|Stepney CityFarm|
|RegisteredCompany|Number06855753|
|Registered CharityNumber|1136448|
|RegisteredOffice|Stepney City Farm, StepneyWay, London,E1 3DG|



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|StatementofFinancialActivities|||||||
|---|---|---|---|---|---|---|
|For theyearended 31 March 2023|||||||
|||Unrestricted||Designated|||
|||Funds|RestrictedFundsFunds||Total Funds||
||Note|||||2023|
|INCOMING RESOURCES|||f||€||
|lncoming resourcesfrom|||||||
|generatedfunds|||||||
|Voluntarylncome|2|123,223|169,656||0|292,879|
|ln\estrnent lncome-bank interest||745|0||0|745|
|Total lncoming Resourcesfromgeneratedfunds||123,968|169,656||0|293,624|
|lncoming resourcesfrom|3|152,459|3,409|||155,868|
|charitableactivities|||||||
|Total lncominq Resources||276.427|73.065||0|M9,492|
|RESOURCESEXPENDED|||||||
|Charitableactivities:|4|(245,263)|(132,578)|(45,527)||(423,368)|
|FundraisinqCosts<br>Total resourcesepended|5|(10,823)<br>0<br>0<br>1245,263l.(143,400)145,5271||||(10,823)<br>(4U,151)|
|NET INCOME FOR THEYEAR||31,163|2e,qs5$!,1?l)|||I 5,301|
|TransferFunds||(6,398)|6,398||0|0|
|RECONGILIATION OF FUNDS|||||||
|Totalfundsbrought forward||126,496|45,105 74,862|||246,463|
|TOTALFUNDS CARRIEDFORWARD|||81 169|||261 764|





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|Balance Sheetasat31March2023|Note||||
|---|---|---|---|---|
|||2023||2023|
|FIXEDASSETS||t.||t|
|Tangibleassets||||19,948|
|CURRENTASSETS|||||
|Debtors|10|1|5,51I||
|Cash atbank andinhand||245,887|||
|||261,407|||
|CREDITORS:Amountsfallingduewithinoneyear|11|(19,5e1 )|||
|NET CURRENT ASSETS||||241,816|
|NETASSETS|{3|||261|
|RESERVES|12||||
|Unrestricted funds|Generalresene|151,261|||
||DesignatedFund Depn|1|9,948||
||Designated SiteFund||9,387||
|||||180,596|
|RestrictedFunds||||81,168|
|TOTALFUNDS||||261|






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|||Unre$rictedRes{ricted<br>Funds<br>Funds|Unre$rictedRes{ricted<br>Funds<br>Funds|Unre$rictedRes{ricted<br>Funds<br>Funds|||TotaI||
|---|---|---|---|---|---|---|---|---|
|||2023|<br>2023|||2023|||
|||€|€|||t|||
|Ernest Cook Trust|||1|5,000||15,000|||
|Ratcliff Trust|||20,874|||20,|||
|Farm Education||||956|||956||
|CityBridge Trust|||49,400|||49,400|||
|GLA||||0|||0||
|OceanRegeneration||||5,000|||5,000||
|GLA Greener Cities||||0|||0||
|l'1des|||'t7,626|||17,626|||
|Vanguard||||0|||0||
|JackPetchey||||1,100|||1,100||
|London Borough|ofTowerHamletsSection106|||0|||0||
|Tower Hamlets Local Community||||9,528|||9,528||
|WaxChandlers||||0|||0||
|Canary Wharf Group||||5,000|||5,000||
|C[/S||||5,000|||5,000||
|Get Growing||||8,078|||8,078||
|PowertoChange|-Energy Costs||1|0,000||1|0,000||
|Tower Hamlets Carbon Reduction - Solar Panels|||||||||
|Totals|||0|||||148,101|
|Donationsftomindividuals||19,2M||0|||||
|Donations from organisations||103,374||0|||||
|CoVd19Grants/Furlough claims||0|||||||
|lnsurance claims||605|||||||
|||'t23,223|0||1|||81|
|Total|Income|223||656|||||



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|3.INCOMINGRESOURCES FROM CHARITABL|EACTIVITIES-OPERATION OFFARM|||
|---|---|---|---|
|TotalFunds|2023|2023|2023|
||UnrestrictedRestrictedTotal||Funds|
|Animal actiVties|904||904|
|CorporateVolunteering|63,441||63,441|
|Coursesand Workshops|580|3,409|3,98S|
|Misc|4,329||4,329|
|Hireof space|66,755||bb,|
|SaleofFarmProduce|16,449|||





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|4,RESOURCES EXPENDED-CHAR]TABLE ACTIVITIES|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Designated|Total Funds|
|||||2023|
||f,|s||€|
|Animals|16,923|||16,923|
|Corporate|28,3U|||28,3s4|
|Gardening|41,695|||4|
|Ciorernance|800|||800|
|Depreciation|0||11,114|11,1|
|Fundraising|0|10,823|0||
|I\,4ain|157,481|95,732|34,413||
|Farm education|10|36,845|||
|Power To Change||0|||
|||||191|
|5.RESOURGES EXPENDED-FUNDRASINGCOSTS|2023||||
|Costofemployee time+Fundraise costs|||||
|6.NET INCOMING RESOURCES|||||
|Netresources are stated after charging:|||||
||2023||||
|Depreciation and disposal|11,||||
|lndependentb6minerFees|||||



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|ortransactionentered into bytheCompany<br>anypersonal interest<br>8. STAFFCOSTS|duringthisorthe prevousye|ar.No other|person rela|
|---|---|---|---|
||||Total|
||Unrestricted|ReslrictedFunds||
||||2023|
||t|t|€|
|Wagesand Salaries|118,096|97,090|215,|
|Social SecurityCosts|7.268|4,851|12,11|
|Employer Pension Costs||2,342|4,569|
||127,591|104,283|231,873|
|Sub-contractorFees||440||
|||723||



|The total number ofstaffemployed during the|yearvviasas follows:||
|---|---|---|
||2023||
|Directlyengaged in activities||11|
|Support and management||2|
|Total|||





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|9. TANGIBLE FIXED ASSETS||||||||||
|---|---|---|---|---|---|---|---|---|---|
||Restricted|||Unrestricted||Total U/R|Total.|||
|||Fixtures||Fixtures||||||
||Fittings&|||Fittings&|<br>It4otor|||||
||BuildingsEquipment||Total|Equipment|Vehicles|Total|Total.<br>2023||iiififilfffirllii,'<br>'2.S22,,:,,,|
|COST|f|L|t|t|€|€||t|'i,'iri:di+i'|<br>11|
|At1April2022|80,418|<br>15,704|96,122|33,4666,445||39,911|136,033||132,888|
|Additions|||||||||3,145|
|Disposals<br>At31 March2023|80.418|15,704|96.122|33,4666,445||39,911|1|36,033|136,033|
|DEPRECIATION||||||||||
|At1April2022|s6,294|<br>15,704|71,998|to,J26|6,445|32,973|104,971||93,857|
|Charge forthe year|8,042||8,042|3,072||3,072||11,114|11,114|
|At31 March2023|64,336|<br>15,7M|80,040|29,6006,445||36,045|1|'16,085|104,971|
|NETBOOKVALUEAT31 MARCH 2023|16,082||16,082|3,866||3,866||19,948|31,062|
|NET BOOK VALUEAT1APRIL2022|)t 1tL||24,124|6,938||6,938||31,062||



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|||2023|
|---|---|---|
|||g|
|Trade|Creditors|15,421|
|Taxes|and Social Security|4,169|





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|12,TOTALFUNOS||||||||
|---|---|---|---|---|---|---|---|
||||||Desg'td||Balance|
||Balance<br>lncoming<br>Outgoing||||Site||31Mar|
||1 Apt22<br>Re$urces<br>ResourcesTrftoU/R||||AssetsFund||202?|
|Farm Education/Youth||||||||
|General|1,154|4,27',||124|0|0|0|5,301|
|EmestCook|15,000|15,000|15,000|0|0|0|15,000|
|Tides|5,670|17,626|10,263|0|0|0|13,033|
|RalcliffTrust|10,000|20,874|10,062|0|0|0|20,812|
|Jack Petchey|876|1,194|1,396|0|0|0|674|
|C[/S|0|5,000|2,504|0|0|0|2,496|
|Communities||||||||
|GetGrowing||8,078|17||||8,061|
|OceanRegeneration|2,<br>708|5,000|6,688|0|0|0|1,020|
|TowerHamletsLocalCommunity|0|9,528|11,204|1,676|0|0|0|
|CanaryWharfGroup|0|5,000|942|0|0|0|4,058|
|CEOSalary||||||||
|CityBridge|9,697|49,400|49,402|0|0|0|9,695|
|General||||||||
|PowertoChange -EnergyCosts|0|10,000|8,983|||0|1,017|
|TowerHamletsCarbon Reduction-SolarPanels|0|22,094|26,816|4,722|||(0)|
|Total|45,105|173,065|14it,400|6,398|0|0|81,168|
|DesignatedFund-TangibleAssets|31,062|0|(11,114)|0|0|0|<br>19,948|
|DesignatedFund-SiteFund|43,800|0|(34,413\|0||0|<br>9,387|
|GeneralResene|126,496|276,427|(245,263\|(6,398)|0|0|<br>151,261|
|Total UnredrictedFunds|201,358|276,427|(290,751)|(6,398)|0|0|<br>180,596|
|TotalFunds|246,463|449,492|(434,',t911|0|0|0|<br>261,764|





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|13.ANALYSIS OFNETASSETSBETWEEN FUNDS||||
|---|---|---|---|
||Tangible|Net||
||FixedAssetsCurrent Assets||Totals|
||€€||E|
|RestrictedFunds|0|81 168|8'l<br>'t68|
|UnrestrictedFunds|||0|
|Designated Fund-TangibleAssets|19,948|0|19,948|
|Designated Fund-SiteFund|9,387|0|9,387|
|GeneralResene|0|151,261151,261||
||29,335|151,261180,596||
|TotalFunds|29,335|232,429261,764||



## 

|INCOMEANDENDOWMENTS FROM|Unrestricted RestrictedFunds|Unrestricted RestrictedFunds|DesignatedFunds|Total|
|---|---|---|---|---|
|Voluntarylncome|81,485|148,101||))aEqA|
|Charitable activities:|||||
|Farming/EducationalActiVties|119,896|0|0|1 19,896|
|ln\€stmentlncome:|0|0|0|0|
|Bankinterest|159|0|0|159|
|TOTAL|201,540|148,10'l|0|349,641|
|EXPENDITURE ON|||||
|Farming/EducationalActiVties|(168,997)|(140,496)|(17,159)|(326,652)|
|NET INCOME FOR THE YEAR|32,543|7,605|(17,159)|22,989|
|Transfer between funds|(13,472)|12,482|990|0|
|RECONCILIATION OF FUNDS|||||
|Total funds brought forward|118,527|25,017|91,031|234,575|
|TOTALFUNDS CARRIED FORWARD|137,598|45,'t05|74,862|257,565|





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|15Allocationofsupportcosts onCharitable Activities2023||||||
|---|---|---|---|---|---|
|Costs|Salaries|Direct|SupportGovernanceTotal|||
|Animals|360|16,563|493|2|17,418|
|Staff Grants|69,397|37,158|95,074|386|202,015|
|Farm education|35,326|1,519|48,397|197|85,438|
|Gardening|38,683|3,012|52,995|215|94,905|
|Totals|'t43,765|58,253|196,959|800|399,778|



|15Allocationofsupportcostson Charitable Activities|2022|||||
|---|---|---|---|---|---|
|Costscontinued|Salaries|Direct|Support|GovernanceTotal||
|Animals|87|13,008|106|0|13,201|
|Staff Grants|95,541|10,452|116,489|546223,029||
|Farm education|17,144|1 1qa|20,903|98|40,398|
|Power To Change|9,577|JJO|11,677|5s|21,647|
|Greener Cities|2,376|2,814|2,897|14|8,101|
|Gardening|6,436|662|7,847|37|14,982|
|Totals|131,161|29,527|159,919|750321,357||