Brockwell Park Community Greenhouses Company Limited by Guarantee Truslee$' Report and Financ￿1 Statements Year Ended 31 Ma￿h 2025 •AEIP14123* 3011212025 COMPANIES H¢XISE A07 Brockwell Park Community Greenhouses For the year ending 31 March 2025 Contents 1 REFERENCE AND ADMINISTRATIVE DETAILS 2 ANNUAL REPORT OF THE TRUSTEES 3 INDEPENDENT EXAMINER'S REPORT 4 STATEMENT OF FINANCIAL ACTIVITIES S STATEMENT OF FINANCIAL POSITION 6 NOTES TO THE FI￿NcIAL STATEMENT 14 15 16 17 Page 2 of 24 Brockwell Park Communlty Grgenhousos For the year endirwj 31 March 2025 1 REFERENCE AND ADMINISTRATIVE DETAILS Trustees Chair.. Joanna Cal￿nne Sarah DavKY {ResLqned on 10 November 2024) Chair.. Georges Mikhael (Appointed 10 November 21r241 Treasurer. Samantha Faulkner {App)ffited 10 November 20241 se￿e1?ry.' Lawrence Osei-Kwaku Carla Clark {App￿nted 10 November 2024) Deborah Ajia lan Brotherston Jamie Laing {Appointed 10 November 20241 Omaf Alghali ve￿na Kotonski Lucie Russell {Resigned on 10 November 2024) Kate Sebag (Resigned on 14 October 20241 Janet Ktjrth (Resigned on 10 November 2024 Charity and Company Details Charity registration number 1140590 Company registration number 07217692 Reglstered offlce: Brockwell Park Communty Greenhouses. Brockwell Park. London, SE24 98N 8anker. The Co-operative Bank P Inveslment manager: Epworth InVest￿nI Manage￿Ent kn"mited Independent Examiner: Charles Os P¥gtt 3 of24 Brock￿11 Park Community Greenhouses For the year ending 31 March 2025 2 ANNUAL REPORT OF THE TRUSTEES Introduction 'A plxe where al can 18am. play and grow logglher.. The Charit￿$ aims a￿ set oul in its Memorandum and Arttcfes of Asswation. Brc¢kwell Park Community Greenh￿SeS fBPCG" or the'ChaTity°I prowdes educab'on and Irarning in sustsinable horticulture and pr￿OteS wellbeing through hort￿ultural actNities and engagement with nature. The Charity also encourages wildlrfe. b￿￿1ver$ty, healthy ealing. and k¢al ffy)d growing by involving ViSitor5. v0￿jnIeer$. and schod chitdren in many acb"wties on our one-xre garden. Our vduntews and slaff have Worked hard to realise our main aims.. To be a resource for communty CmJtdo￿ edLKatKin and wreation for all To sliengthen and buikl local communty To give v¢sitors and volunteers opportunrtie5 for ¥￿thing and leaming To encourage and promote 8￿10￿￿è1 diversty In shaping obiectNes and planning ac1ivrt1￿. the Trustees have considered Charity Commission guidance on public benefft and fee charging. The Charty Telies on grants and income ffom fees and charges operational c05t5. TNstees ¢onsNler ac4Xss￿￿ty and affordabrlty in setting these fee5. Happenings throughout the Year The year ending 31 March 2025 was a year oflwfAlx)ns and development for the Charty. The board saw s￿nificant changes, with four cl ts members steppiThJ down from their rokn as trustees, including Joanna Dawd (Chairl. Lucie Russell. Kale Sebag. and Janet Worth. and one. lan 8rolherslon, transitioning from being an honorary Off￿er {treasurerl to a trustee. Four new trustees were app￿nted in November 2024. including Georges Mikhael {Chair), Samantha Faulkr*r (TreasureT), Carla Clarke and Jamie LaiNJ. All trustees worted closely with its stsff team and volunteers lo Strengthen and rnawrtain the Charty aTrJ ensure a sustainable and secure ftrture through this transrtion. A key focus this year was beginning the joumey ltrward better sermng undersewl communities in our bcal area. We began tsrgeted OLFtreach to sthcots wrth high percentage$ of pupib eligible forfre& $¢hcol meals with the generous supwt of a &year grant wrth the Rausing Trust. arKI expanded our offer for children with special educational needs and disabilitie5. While some of this work onty began in eamesl in January 2025. wrth the real impact lo be seen in future years. we are exc(ted about the partnerships fomed and the potential to make our gardens aecessibk to all who need them most. The year also saw signrficant maintenan¢e across the site, essential to ensuring our garden remains a welcoming space for all visitors and volunteeTS. Major projects included replacing all glass panes in the upper greenlK*use. replaung the decking in the k*¥er garden and ￿Und the pond. renovating the mud kitchen, and fixing major issues wilh the barn draina3e system. Thanks to generoLSS public donation5 and grant fundin9, we were able lo complete these vrtal improvements. safeguording this beautiful communrty resource for years to come. Page 4 of 24 Brockwell Park Community Greenhouses For the year ending 31 March 2025 The Gardens The one4cre garden site fiourished this year as a prc)king prciect this yearwhth was nMKh appreciated by the vdunleers: Cooking fresh biscuits for volunteers whenever we had the caparyty. Stocking the shop and ensuring that we had w)lunteets to staff il was a￿ayS a challenge. We had issues with lthls disintegrating particukty when the weathervras cold and damp. Two volunteers kindly donat￿ two l¢xkabk counlertop frKlges which enabled us to display our alcohols and addressed most of the kbelling i5sue5. We had a few reguLgr sh¢Jp volunteers who w8re amazing. The shop was generally the first thing that Visrtors saw and sh)p volunteers were real ambassado for the site. Prye6of24 Brockwoll Park Cornmunity Greenhouses For the year ending 31 March 2025 Looking fonvard to next year we will continue to explore ways to expand our cookin9 actNilies and develop our shop vc4unteef base to ensure consistent c¥*ning hours. Children and Families Programme The Children and Families programme corkn.nued to give children meaningful interactr)ns with nalure lo instil a love of gardening in the nexl generation. Wrth a successful prcJst of cmjr beaulrlul Space whi15t contributing a stgnthcant amount towards our core costs. Events Events for the year 2024r25 have been a great success. hosted 18 events with 1.649 attendees. including 10 MUS￿ events, 4 talks, 1 wtne tasting. 2 CCArffiunty events (May Fele and Harvest Feslivall and one Art exhibition event. Art in the Garden was a brilliant evening curated by one of our Duty Managers who brought in 15 dtherent kxal artists that all ¢￿ated wort around the theme of nature. Our much-loved gigs supported and 5h*Kased local art15ts suth as Brixton Chamber Orchestra. Anna McLud(ie and ryatraQuartet. Our summer gKJ series is prtsjramffed and SUp￿ed by Mambists artd nearly all ovefsokJ our targeted capacty. Even though we had fewer events than the previous year (due lo the loss of the Avant Garden music serw}, our events remained highty successful wth strong attendance and continued community support. Events achieved an excelknt average attendance of of all ti¢*els sotd. including an incredible 430 pecpk comry th￿Ugh our gales for the Harvest Festival. We also had a brillrant paty aTrJ wassailing event in January for volunteer5. MUSK and food. attended by around 40 volunteers. Thank you to everyone who has Voluntee￿ al an event and helped to make them such a huge success. And thank you to the cooking lewn who prepared and 5eryed del￿￿$ mea15 at mus ar￿ community events. Some feedbxk p¥liopants in¢lLKled'. upcoming 8rtsts." Page 10of24 8rockwell Park Comrnunity Greenhouses For the year ending 31 March 2025 "Do wsit Br￿k￿ell Park Gommurnty Greenlkwses to enjoy an ev8rnng ofamaang live mu&c, de1￿)uS foodin a reatybeauliful envir￿ment." Looking foThvard we will continue with c￿r pcpular events such as music and community events as these are popular successful. We also plan to stsrt a supper club with a brilliant pair of I￿al cooks {one of which is an Education F￿danCer). AU events wryll have a nature and seasonal locus. Workshops For the year 2024125 we ran 32 w0￿$hoP$ with 396 attendees, including green woodworking, mindfulness, lino cutting. femientalion. wreath making and creatNe wrrting. Due lo costs, including being a￿e to pay wothshop fau'litators propwfy for their skills and time, we were unable to continue offering 'Pay IM)al You Can, ticket pricing. AJI workshops had a full p￿e and corwsion tid(eting optiM. Our most popular workshops were wreath ffAking. ￿ ran ewJht sold out workthps over two weekends where we made 200 wreaths. The yearfs w0￿shopS achieved a brilliant average attendance of 86% of all tickets sold. Looking forward lo 2025r26 we wll focus on continuin9 to develop our range of adult workshops to include a ￿der range of htY1￿￿tture and environment4)ased w￿kShops. We are introducing new workshops induding fk)ial embroidery and herbal lea tasb"ng. ￿ wrth events, wothshops will be run c a seasonal theme. We will look at potent￿llY apptying for funding for a wothshop series, to be able lo offer more accessible ticketing options and offer a fixed fee for facilitators. This may be somethiw to aNn towards for 2026f27. dependin9 on staff and facilitator cwity. Acknowledgements The Trustees are gr*eful to those who funded and supported our ath'vitEs during the year, in particular.. The Julia Rausing Tnjst.. anonymous founder of the Drawing from the Arts programme- Brockwell LNe Communty Fund and our anonynx)us donors and members ofthe public who contributed to our greenhouse glass and mud krtchen fvndraising campaign5. woukl like to express our huge thanks to everyone who donatgd. Page 11 of24 8rockwell Park Communty Greenhouses For the year ending 31 March 2025 BPCG continued to benefrt from a constructive ￿lat￿nshIP wth our L4ndlord. Lambeth Land￿apes, who provided oThJoirg 3UPl>Ort throughcxrt the year. a￿ very grateful their continued partnership. This year we launched a donation campaign lor those who wttruld like to Support BPCG by donating on a monthly basis. Donors can pay upwards of £5 a month aTra in 2024r25 we gained 12 monthly dr)nors. We greally appreciate our regular donors for ywr continued Support. and will be Icoking lo improve our engagement with in Ihe coming years. The Trustees would also like to warmty thank our staff. freelan¢ets. and volunteers for Iheir dedication and hard work and wrthoul whom the Charity coukJ rt)t oper*. Financial Review This year we largety Concentrated on our existing acbvrties and operatr.ng ft￿de1. The charrty was broadty breakeven this year. with a small deficat of £4.300. This I￿ll￿ the impact of some maN)r sile improvements. incjuding repkcing Ihe decking in Juty 2024 for £9.200 arKI the repla￿ment of the greenhouse glass at £14.112 in Q2 FY25. These were t*)th primarily eovered by unrestricted funds. though the repla¢ernent of the glass was gerwousty partialty covered by donation. wlh £5,$00 from the Elliot ￿se Trust and £5.720 from public fundraising. The repl¥￿nt of the dKking was partially supported ty a donat￿ from Brctkwell Live comunity furKI. In light of this result the Tiuslees consider the Charity's financial perforniar￿ to be encouraging and wish to pay tribute lo the resofve and dedication of staff and volunteers who have worked so hard to achieve this position. The financial slaleffertts are set out on pages 15 10 24 of this reFth. In relation to the maior incorr slrearrts.. Work$h¢ws and events increased by lo £39.294 Children and families declined by 11% to £33.921 reftecting the shfft lo focus on kwer income and children with specsal educational needs and dlsabi1rt￿. The children and families programme was enabled to do this by a generous dOnat￿n from the Julie Rausiftg Trust of £24.9CQ Site hire increased by 4% to £49.953 Retail sales dedined by 25VA to £39.012 Further details of the Charity's frJnding can be seen Fn notes 3 arKI 4 to the financial sL￿ements on page 20 and 21. The Trustees express their appreciation for the Continued support of fvndeTr who make possible many of the Chanty's actmties and thus Temain essent￿( to the development of the Charity. The reserves pc4icy remains that rf Restn"cted Funds ￿ not SUffic￿nI to fund the SpeCffj￿ projects to which the reslrided furmls ￿late. the Charit￿$ Un￿st￿"c1ed lunds will be allocated to the specifi projects as requir￿. The remaining baknce of unrestricted fvnds should be Suff￿lent lo cover operational costs for 3 monlhs lincfudiTrJ staff costs). Al year end the Chanty 1$ meeting the threshold5 set by the reserves policy, wrth restricted reserves (including the bam development cost) of £432.552 and unrestricted reseThes ofD).216. Page 12 of24 Brockwell Park Communlty Greenhous•s For the year ending 31 March 2025 Structure and Governance 8PCG is a registered charty and a company limrf(ed by guarantee a Board of Trustees who are also Directors under the Compan*s Act 20C6. Trustees are not paid for their service5 and no Trustee has any interest in the Charty. Trustees a￿ selected based on the eyperience, skills and expertise they bring to furthering the main ¢*jectNes of the Charity and lo reflect the dwersty of the community with respect lo age, ethnicty and disability and a rep￿sentatiOn of a variety of backgrounds. They are elected for a five-year lerm at the AGM in accordance with the procedures sel out in the ArtiC￿S of ASsocial￿n. The induclion procw for nem Trustees includes the provision of infomiation as Specified by the Charities c1￿7M1sSi0n on their role5 and responsibilrt*s, policy and pruxedures. meetsngs with key slaff and the Chair of Trustees and visrts to the BPCG bcth by arrangen￿nI and infonnalty. The Board of Trustees currentty meets 6 lines a year. subj'ect to Its principal role is to detemiine mission, policy and strategy, to monitor the perfom)ance and financial stability of the chanty and to ensure BPCG conlinues to deliver activities wh￿h drive rts eore ctjjectives and aims. In the year ending 31 March 2025 the charity emptyed one full-lime and three part4ime members of staff arKI we are supported in the martagement and running of our events. edL￿a￿.0naJ activrties and garden space by freelaneefs and our volunteers. It is b￿aUse of our vdunleets. extraordinary generous effort and spirit that our charity continues to thrive. Our Trustees Our artic￿5 of association alk)w us lo appoint up to eleven trustees who act as our executive committee. overseeing the slrategtc direction of the charty and ensuring that we fvlfil our charitable objectives for public benefft. Recrurted for their individLEal expertise and Ihw"r kxal knowledge and influence, our tru$te8s have provwjed invaluable assistance throughout the year. In the year ending 31 March 2025 our Board of Trustee5 comprised". Chair.. Joanna Catherine Sarah David {Resigr*d on 10 November 2024) Chair.. Georges Mikhael (Appointed 10 November 2024) TreasU￿r Samantha Faulkner {Appoinled 10 November 2024) Secretary". Lawrence Ow-Kwaku Carla Clarke (Appxynted 10 November 2024). Deborah Ajia lan Brolherston Jamie Laing (Appointed 10 November 2024) Omar Al9hali Verena Kotonski Lucie Russell (Resigned on 10 Novents 2024) Kate Seb4 (Resigned on 14 Octobef 2024) J￿￿1 Worth (Resigned on 10 November 2024 3 INDEPENDENT EXAMINER'S REPORT I report on the Financial Slalements for the year ended 31 March 2025 set out on pages 15- 24. This report is made solety to the Trustees of Brockwell P8rt( Community Greenhouse5, as 8 body. in awrdance wth regulat￿n$ made under secth)n 145 of tl* CharitEs Ad 2011. My work has been undertaken so th* I mvJht sL*e to the Trustees matters l am ￿u￿ed to st*e to them in an Page130124 Brockwell Park Community Gr•enhouses For the year ending 31 March 2025 Independent Examiner's report and for no other purpose. To the frjllest e>tent pemrtted by law, I do not accept or assume ￿SpOnsIbl1ty to anyone other than the Charity and Charity's truslees for my independent examin*ion work, for this report. or for the ststement I have given below. R•spe¢tive responsibilitios of Trustees and Independenl Examiner As Charity Trusteès, for the purposes of eharity kw, are resFX￿sib1e for the preparation of the financial statements. the Trustees eth$￿er that an a￿￿rt is not required for this year under section 144{2} of the Charilres Act 2011 (the Acll and that an irKJependenl examinalk￿ is needed. Having satisfied mysew that the Charity is not subj&# to an urnler company law and is eligible for independent examinatwJn, it Is my fesponsibilty to". al examine the accounts under section 145 of the 2011 Act bl follow the prc¢tsJures18rd down in the general DirectKins gNen by the Charty CommissKJners under secthjn 14515)Ib) of the 2011 Act,. and c) slate whether particular matters have come lo my attentK)n. Basls of Independent Examlner's SLitement My eXaminat￿Tr was carried out in occordance with the gene(al Directions given by the Charty Commission. An eXaMinat￿n inclu(Jes a ￿¥￿V of the accounting fecords kept by the Charrty, and comparison of the a¢￿Unts present&J wrth th¢)se records. 11 also includes consRder*ion of any unusual items or disclosures in the accounts and seeking explanations frcrfn you as Trustees conceming any such matters. The procedures undertaken do not provide all the wdence that would be required in an audil, and consequentty no opinion is given as to whether th? accounts present a 'tr￿ and fair virf arKI the reports limited to those limited lo those matters set out in tr* stslement on the next page. IndeperKl¢nt Exarnlner's Statement In connecbl￿ wth my exanwn*on. no matter has come lo my *tention'. 11 which gNes me reasonabb cause to believe that in ary malerial respect the wuirements al to keep a￿unting records in xwrdaft￿ with Section 130 oflhe Chartrtses Act, and b) to prepare xcounls whi¢h wilh th8 accounting re￿d$ and comply th the accounting requirements of the charit￿ Acl have not been meL or 21 to whrch, in my opini￿, attention slw)ukl be drawn to enable a proper understsTrJing of the accounts to be rexhed. Signed. Charles Osei. Bsc (Honsl. Msc, FCIE. AFA. AT& MIPA. MCIPP Flat 3, 11 Rochdak Kèy Depl￿d London SE8 4LY Dated.. 04111r2025 Pagè 14 of 24 Brockwell Park Community Gre8nhous•s For the year ending 31 March 2025 4 STATEMENT OF FINANCIAL ACTIVITIES 2025 2025 VnrpstriCt•d Fuvttls 2025 2024 Tolal Fund5 T*1 FurAIs C4)nations. and leosr* Incrffifr ftom Athti 14 31.995 38.824 165.400 2.337 Y.732 172.705 2.24 105.400 2.337 Totsl iftcorn• 31.99$ 174566 jos.￿1 209,693 hairt2￿￿ Èpndi O*pE¥gtion 31.877 15203 172.9JS 32CS xt4.843 18.408 177,￿1 18,7ao Total •XPAd￿r• 47 23 {15.0 {1.6641 IIS,TfjOI 13, F￿ndS fi¥thwd 438A5S 215 $27.071 511819 TiarGfu bEtr￿Tr fund5 73 P￿Trd￿ ￿rrf•d forward $10 322 52 All of the charitable compan￿$ xtivities are derived from conb"nuing adNltie$. All gains and losses are induded within the Sktement of financial actwikn"es. The notes on pages 17 to 24 fom part ofthese ￿anCIal stateftEnls. Pagè 15 of24 8rockw•ll Park C¢mmunlty Gre•nhouses For the year ending 31 March 2025 5 STATEMENT OF FINANCIAL POSITION Gr¢wp 2025 GfOUP 2024 Chartty 2025 Charity 2024 Fixed Assets Investment in subS￿l8ry Tangible assets 10 435.972 454.440 435.972 454.440 Current a58ets Debtors Cash at bank and in hand 11 16.004 24.304 16.004 24.304 120.931 118200 120.931 118.200 Creditors: amtwnts falling due withln one year 12 146.581 145.5691 (46.581) 145,570) Hot current 095ets 74.350 72,631 74,350 72,630 Total net assets 527,071 510.321 Funds and reser¥os Restncted funds Unrestricted fijnds 13 420.102 13 90220 438.856 88.215 420.102 90220 438.856 88.215 Total funds 510.3 527.071 510.322 527.071 The Chanty was entitled to exeriwion from aKlit under $477 (rfthe Cornpanies Acl 2006 relating to small companies. The Trustee5 have not reqUI￿d Ite Charity to oLrtain an audit in accor(lance with seCt￿n 476 of the Companies Act 20C6. The Trustees acknowwe their respMsbi Ii rties for comptying wrth the requiTements ofthe Companies Acl with respect to accounting records and Ihe p￿paration of financial statements. These financial statements have been prepared in accordan￿ with the provisions applicab￿ to small companies subl'ect lo the Sm￿1 compan￿5 regBme and in &cordanee FRS102 SORP. Approved and alrt￿nSed for issu8 by the Board ofTrusle8s on 23 Oraoter 2024 and signed on its behatf by". Georges Mik d. TrLBtee Samantha Faulkner. Trustee Page 16 of 24 Brockwell Park Comrnunlty Greenhouses For the year ending 31 March 2025 NOTES TO THE FINANCIAL STATEMENT 1. General Infomwtion Br￿kwell Park Community Greentrth)uses Ilhe"Charity') is a charilable wmpany limited by guarantee and regislere(l in the United Kingdom under the C(xnpanies Act 20C6 and the Chartties Act 2011 (Charty Commis*on 1140590, Cornpan￿ House number 072176921. The address of the registered office is gNen wrthin the referenee and administrative details page. The Directors are the Members of the Charity. In the event of the Charty being wound up, the liability in re¥*ct of the guarantee is limrted lo £1 per Member. The nature of the Charity's operatKins and ts principal xb"viti"es are set out in the Trustees. Report on pages 4 to 13. l Actounting polkies 11 Basis of preparation These financial statements have been prep¥ed under the historical cost convention with items recognised at cosl or tran$ath.￿ value unless othe￿￿*e slated in the relevant notes to these financial sL*ements. These financial sL*rn￿ts have been wepar&J in aC￿darKe with.. "Chariti"es SORP. refer5 to the Charrties SORP IFRS 102).. Accounting and Reporting by Charities: Statement of Aecommended Practice applicable lo charrb.es preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of IrelaNI. 2nd edition effeclive 1 January 2019. the Financial Rewrting Siandard applicab￿ in the United Kingdom and Republic of Ifek8nd IFRS 102)- the cornpan￿ Act 2CN)6". and. the Chanties Act 2011. The financ￿1 statements are presented in pound sterliThJ. being the functional currency of the Charty. Basls of consolldatlon Gro￿ finanoal stalements c￿S01￿J￿e the finaKHI slatements of Brockwell Park Communty Greenhou￿ and rts whdly cNmed subsidiary undertaking, BPCG Enterprises Limited, for the year ended 31 Ma5ch 2024. In accordance with Sedion 408 of the Companies Act 20L%, no separate statement of financial activities is presented for Brctkwdl Park Communty Gwhouses. Exemptions for q￿lifyIng entities under FRS 102 Th8 Charity has taken advantage of the folknying di￿￿$￿re exemplions.. From preparing a statement of cash tlthvs on the basis that the compary does not qualtfy as a laffJer Charty urKler the SORP definitions. From the finawal instrument discthures. Pag? 17 0124 Brockwell Park C¢)mmunity Greenhous For the year ending 31 PAarch 2025 2.4 Golng ¢oneem The Trustees conb.nue to monrtor Ihe risks ￿Sed to the Charty and have considered possible events or conditions that might cast S￿n$ficant doubt on the abilty of the Charty lo ￿ntinue as a going COr￿ern. The Trustees have made this assessment for a peTK#J of at kast one year from the date of the approval of these financial statew￿nts. After making enquiries, the Trustees have concluded that there is a reasonab￿ expeclation th* the Charity will have adequate resources to continue in operatsonal e￿$tence for at least 12 mnth5 from the date of s￿nIng these fInar￿la1 statements. RKognition of income All income is recconised once the Charity is entitled to the income. it is probable that the ineome Mll be received. and Ihe armunt of income receivable can k measured reliably. Grants are included in the Statement of financral actNities on a receIvab￿ basis. The balance of income received for specific puooses but not expended during the perits is $hrNm in the relevant funds on the Statem&tt of financral posilion. Where trnc0ff￿ is received in advance of entitlement of receipL its le￿nit￿n is deferred and included in credilots as deferred income. Where entttjement ￿LUrS before Incorr￿ is received. the income is accrued Exponditurn Expenditure ts recc*Jnised once there is a legal or constnJctNe obligation to transfer economic ben8fft to a third party, rt is probable that a transfer of economic beneffts 11 be required in settlement and the amount of the obligation can be measured rdiabty. Expenditure on Charrtab￿ aclivibes is Incur￿ on directly undertaking the actNities wh￿h fvrther the ChanWs obJectNes. as well as any asswated costs. All expenditu￿ ts inclusive of irrecoverabk VAT. 2.7 Taxat5on The Charity is cons•Jered to pas5 the test5 Set out Wt Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it rwets the defin￿On of a charitable ￿mpanY for UK corporation tsx purposes. Accordingly. the Charity is FK>lents"ally exempl from taxation in respecl of or capital gains reeeNed withrn categories covered by Chapter 3 Part 11 of the CorporatKJn Tax acl 2010 or Se¢lton 256 of the Taxation of Chargeablg Gains Ac# 1992. to the extent that sueh inctsne or gains are applied exclusNety to charitabl8 Pu￿)Se$. 2.8 Critical accounting estlmates and areas ofjudgement Page 18 of 24 Bro¢kwo11 Park Communty Greenhouses For the year ending 31 March 2025 Estimates and jtKlgements are continually evaluated and are based on historical eY￿er1en￿ and other factors, including expeetab.ons of future events that are believed to be reasonab￿ under the circurnslances. The Chartty d￿S not currently have any signtficant accounting estr"mates or areas ofjudgements. 19 Offsetting There has been no offsetting of assets and liabilities. or ir￿arne and expenses. unless required or perrr¥tted by the FRS 102 SORP or FRS 102 2.10 Grants and donations Grants and donalions only included in the Statement of fi'nancial activities when the general Ir￿ recognrtKJn crrteria are met (5.10 to 5.12 FRS102 SORPI. Grants are credited lo the state￿nt crf finawal activikn"8s as the related eypendilu is incurred. Tax reclaims on donations and gifts Grft Aid receNable is included in income wI￿n there is a val•J ¢Jeclaration from the donor. Any Gtft Aid amounl recovered on a ￿natI0fi is Cons￿ered to be part of that grft and is Irealed as an addrtion to the same fund as the inilkql d￿￿tIon unless the donor or the lenns of the appeal have specthed otheTh¥ise. Income tax recoverable in relat￿n to donations received under Grft Aid recognised * the time of the donation. 2.12 Volunteer SeNIus The v*ue of any volunteer seThices received 1$ not i￿luded in the financ￿1 statement but is deseribed in the Trustees. annual report. 2.13 Liabilities Llabijrt￿S are r￿ftiSed when there is an obligation al the Statement of financ￿1 position dale as a result of past events, it is probable that a transfer of econom benefit will be required in settlement. and the amount of the settlement can be eslimated reliabty.. Liabilities are re¢ognised at the amount that the Chanty anticipates it will pay lo sett the debt or the amount it has re¢eNed as advanced payff*nts fof the goods or service5 il must provide. 2.14 Investments The investment in the subsidiary is held at cost ￿ imwm)ent. 2.15 Flxed Assets P&3è19of24 Brockwg11 Park Community Greenhouses For the year ending 31 March 2025 Tangible fixed ass￿$ under Ihe rrrf)del are stated at histor￿ cost a￿UMULAted depreciation arKI any accumulated impainnenl losses. Historic cost indudes expeftditure that is directty attributabL9 to br￿￿1￿ the asset to thg lo¢*ion and conditton necessary for it to be Capab￿ of operating in thg manner intended by management. DepreC￿tKin 15 provided on the folknwng basis.. Buildings" over their estimated lrfe form the point that they enter use, being 30 years. Ftytures and ffltings: Fixtures and ffttings- between S and 10 years Krtchen fft-OUt- 7 years Electroni¢s- 5 years 2.16 Debtors Debt¢)rs (including Irade debtors and loans receNablel are measured on initial reGognrtion at Sett￿ment amount afterany trale d￿UnIS or amount advanced by the Charity. Subsequently. they are measure(l * the cash or olher consideration 2.17 Cash Cash is represented by cash in hand and deposrts 7Mth financtal institutions repayab withoLrt penalty on the notice of not rn0￿ than 24 hours. 2.18 Creditor¥ The Chanty has creditor5 which are measured at Settle￿ amounts less any trade discounts. 2.19 Funds Pollcy Restricted funds are to be used for S[ecif￿ purposes as laid down by the donor. Expenditure whth meets these criteria is charged to the fund together with a fair allocation of man4ernent and support eosls. Unreslri¢led funds are donations and other inwning resource$ or generated for the obJ"e¢ts of the chanty. Transfefs are made from unTestrict&J to reStsIc￿ funds to cover shorttalls in project funding. 3. Incoming reSOu￿e$ - Unrnstrlded 20 0124 8ro¢kwell Park Community Greenhouses Fof the year ending 31 March 2025 2024 Group Group Srte h.re Vlorkstrws ard everts Retail sabes Chibjren a￿1 fanilie5 tk)nat*Jr 8ank interest 49.953 39,294 39,012 33.W21 32.272 51.843 38.316 1337 547 Z246 1.2CQ 4. Incoming resources- Restrid 2025 Group 2024 Tl* Rawrg Alwn)X￿ E¥awry Irom Roots. I2.4￿1 7.4CiI LLty￿ con￿l￿oty FLTrJ. Yc43a 2023 PakstirE F￿￿ra1$&r Brock**l Lv• COrr￿ty Fwvj Cory F￿1r0 . Fern Bark Ukrain F￿￿ra￿ A￿rrOU$ th)ro 5.242 3,148 1.810 1.753 571 31.995 21,424 5. Charltsble expondlture 202S 2025 2025 2024 Group Gmup Group Group 93,514 37.818 4.%3 17.295 10.¥28 11.707 5.217 17.971 85,902 27,0 477 19.OC%4 14.788 8,412 14.754 9.089 Retail OFeral￿1 Sae ¢Jv4d¢pff¢rt Pdrrin6trat*se 24.028 4.593 17.187 18.928 13,59) Grant expeTrJitwe 1Z61B 4.978 17.5 FieeLar¢er ar¢ otref Staff Costs 3r 17 177.501 Page 210124 Brockwell Park Community Greenhouses For the year ending 31" March 2025 6. Results of trading subskliary The subsidiary, BPCG Enterpri￿ Limrted. did not tr* in the year ended 31 Marth 2025. 7. Employees The average number offvlktime eqvNa￿nI employees during Ihe year wa5.. 2025 Group Number Group Nmbef Effpknyees 2025 Group 2024 Group w￿e$ Per6ion 91.265 2.249 84.016 No employees recewed empw b￿efits for tr* reporting period of rr￿ than £60.000. 8. Fees for examlnation of the financlal staloments 2025 Group Group I￿lepeTr￿ert exanNr£ts fees 9. Investmfjnt in subsidiary The inveslmnt in the subsidiary totalkd £1 {2023.. £nill Wh￿ represents the investment in subsKliary, BPCG Enterprises Limbted. The Ch81ity trlms all the issued share capital of BPCG Enterprises Limrted. The subsidory thd not trade during the year. Pagg 22 of24 Brockwell Pafk Community Greenhouses For the year ending 31 March 2025 10. Tangible r￿ed assets Group BUI￿l￿g$ Fixtures and fittings Total At1Awd AdditKJr Trarsfe At 31 March 23.248 487.1 483.945 23,248 487,193 Deprttiatlon At 1 Awil Charge for the year At 31 MarGh 27. 15.203 412e6 5.6 3.265 8.955 32.753 18.466 51.221 N•t book value At 31 Mar¢h 2025 421.679 14.294 At 31 March 2024 434881 17.559 11. Debtor4 Grtyjp Tr•Je debtors PreFsyr￿ts 16.Q)4 24.159 12. Creditors 2025 Group 2024 Group Ti*le Cr&Jit￿S crLHfs tkferfed Ir￿Tr Payroll VAT 5.CK17 37.0 1213 1.738 1.631 Pogo 23 of 24 Brockwell Park Communlty Greenhouses For the year 8ndirvJ 31 March 2025 13. Charlty funds in the Current year. 115.203} 19.1501 Dwry fromlP¢ Gr &gyJ RaL￿r$Tr￿t 15.2S 18311 Oll*r re#￿ted ftrd5 7.370 T•ro1 r¥tri¢iea lur415 3lmS (47.0•0) T•tsl unr•sirtttd 214 . 174a68 1176230) 1,219 Totsl fvTrd$ *7.071 2ZJ.311 Fund bthE FUTh1 trth¢e8 ejrn 4M351 (15,465) 7.4(() (e.y2) 422.e86 J,100 ol￿r i•stittsd 15.524 (18,115) 7.370 447. 21.424 {37.Yd4 08.215 T4)W fvnds 19$ Any restricted funds whKh have teen transferred to unrestrided fvnds have been transferred with the knowledge and pemisston of the d¢¥￿r c( grant maker 14. Related party transxtions No Trusttt receNes salary or ￿MpensatI￿ from Charty. The Charity reimbursed Trustees for charitable exFenses incurred on behall of tt)e Charty by Trustees. During this year this amounted to £2.758 that was In￿rred by six Trustees. During the year the Charity did ncrt recharye any Costs to BPCG Enterprises Limited. rts wholly uwned tradirvJ subsidiary. P•J• 24 of 24