2021-07-31-accounts - Northdale Horticulture

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		Contents ofthe Financial Statements	Contents ofthe Financial Statements
		forthe Year Ended31 Jul	2021
					Page
Report ofthe Trustees				I	to	6
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet				9	to	10
Cash Flow Statement
Notes to the Financial	Statements			12	to	28

				Northdale	Northdale	Horticulture Limited	Horticulture Limited
				A com an		' limited b grantee
				Statement		ofFinancial Activities
			Inco	cretin	an Income and Ex enditure			Account
				for	the Year Ended 31 Jul		2021
									2021	2020
						Unrestricted		Restricted	Total	Total
						funds		funds	funds	funds
					Notes
INCOME AND ENDOWMENTS			FROM
Donations and legacies						8,252		60,220	68,472	32,126
Charitable activities
Sale ofgoods and services						51,252			51,252	60,290
Contractual Letting ofnon investment		property				635,035 2,279			635,035 2,279	590,961 2,000
Ancillary						6,306			6,306	5,513
Other trading activities										7,927
Investment income						258			258	270
Other income						92,384			92,384	138,098
Total						795,766		60,220	855,986	837,185
EXPENDITURE ON
Raising funds						12,607			12,607	13,026
Charitable activities
Saleofgoods and services						185,640			185,640	185,056
Contractual						589,519		3,301	592,820	529,794
Ancillary						73			73	774
Total						787,839		3,301	791,140	728,650
NET INCOME						7,927		56,919	64,846	108,535
Transfers between funds					24	59,358		(59,358)
Net movement in funds						67,285		(2,439)	64,846	108,535
RECONCILIATION	OF	FUNDS
Total funds brought forward						599,530		31,425	630,955	522,420
TOTAL FUNDS CARRIED FORWARD						666,815		28,986	695,801	630,955

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Intangible assets	15	3,548		3,548
Tangible assets	16	399,934		399,934	391,520
		403,482		403,482	391,520
CURRENT ASSETS
Stocks	17	16,570		16,570	20,852
Debtors	18	28,578		28,578	79,371
Cash at bank and in hand		320,043	35,621	355,664	217,592
		365,191	35,621	400,812	317,815
CREDITORS
Amounts falling due within one year	19	(59,358)	(6,635)	(65,993)	(53,930)
NKT CURRENT ASSETS		305,833	28,986	334,819	263,885
TOTAL ASSETSLESSCURRENT LIABILITIES		709,315	28,986	738,301	655,405
CREDITORS
Amounts falling due after more than one year	20	(42,500)		(42,500)
PROVISIONS FORLIABILITIES	23				(24,450)
NET ASSETS		666,815	28,986	695,801	630,955
FUNDS	24
Unrestricted funds				666,815	599,530
Restricted funds				28,986	31,425
TOTALFUNDS				695,801	630,955

						Cash Flow	Statement
					for	the Year En	d 31 July 2021
								2021	2020
					Notes
Cash flows from operating		activities
Cash generated trom operations					27			132,307	159,411
Interest paid								(79)
Net cash provided by operating			activities					132,228	159,411
Cash flows from investing		activities
Purchase ofintangible fixed assets Purchase oftangible fixed assets Sale oftangible fixed assets								(3,'735) (41,012) 333	(79,106)
Interest received								258	270
Net cash used in investing	activities							(44,156)	(78,836)
Cash tlows from financing		activities
New loans in year								50,000
Net cash provided by financing			activities					50,000
Change in cash and cash equivalents				in the
reporting period								138,072	80,575
Cash and cash equivalents		at	the beginning		of
the reporting period								217,592	137,017
Cash and cash equivalents		at	the end	ofthe
reporting period								355,664	217,592

DONATIONS AND LEGACIES
	2021	2020
Donations	8,999	20,276
Grants	59,473	11,850
	68,472	32,126

4.	OTHER TRADING ACT	IVIT	IE	S
						2021	2020
							f
	Fundraising events						7,927
5.	INVESTMENT INCOME
						2021	2020
	Deposit account interest					258	270
6.	INCOME FROM CHARITABLE			ACTIVITIES
							Letting
					Sale of		ofnon
					goods and		investment
					services	Contmctual	property
	Provider invoice income					289,075
	Hub provision					325,210
	Selffunding					20,750
	Garden nursery sales, contracting		and workshop
	sales				51,252
	Renewable heat incentive
	Income received for provision ofwork
	placements for occupational	therapy		students
	Roora and facility hire						2,279
	Sundry income
					51,252	635,035	2,279
						2021	2020
						Total	Total
					Ancillary	activities	activities
							f.
	Provider invoice income					289,075	280,486
	Hub provision					325,210	276,893
	Selffunding					20,750	33,582
	Garden nursery sales, contracting		and workshop
	sales					51,252	60,290
	Renewable heat incentive Income received for provision ofwork				6,030	6,030	5,266
	placernents for occupational	therapy		students			145
	Room and facility hire					2,279	2,000
	Sundry income				276	276	102
					6,306	694,872	658,764

OTHER INCOME
		2021	2020
Minibus hire income		(3,871)	6,129
Government grants Transfer ofassets I'rom unincorporated	charity	96,255	57,323 74,646
		92,384	138,098

Raising do	nations and legacies
			2021	2020
Staffcosts			12,587	11,925
Fundraising	costs		20	1,101
			12,607	13,026
CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs (see	costs(see
		note 10)	note 11)	Totals
Saleofgoods and services		146,094	39,546	185,640
Contractual		519,544	73,276	592,820
Ancillary		73		73
		665,711	112,822	778,533

					Sale of			2021	2020
					goods and			Total	Total
					services	Contractual	Ancilliary	activities	activities
							I		I
Staffcosts					104,597	383,013		487,610	431,730
Other operating		leases			630	1,261		1,891	2,260
Volunteer allowance					481	1,443		1,924	6,673
Garden nursery		and	workshop	purchases	9,381	28,146		37,527	36,232
Rates and water					166	497		663	2,020
Insurance					1,365	4,094		5,459	6,125
Light and heat					3,333	10,738		14,071	12,666
Postage, stationery,			marketing	etc.	929	2,995		3,924	3,935
Telephone					1,001	3 227		4,228	3,147
Motor expenses					1,491	13,416		14,907	16,102
Sundries					782	2,936		3,718	4,654
Refreshments					235	703		938	1,144
Repairs					5,109	15,333		20,442	20,568
Bookkeeping	services				2,549	8,218		10,767	6,431
Tfalnnlg					73	147	73	293	3,098
Excursions						627		627	4,303
Room hire						723		723	2,230
Adjustment	for	irrecoverable		VAT	5,887	17,660		23,547	4,543
Depreciation	&	Amortisation			7,747	23,351		31,098	35,135
Loss on sale	ofassets				338	1,016		1,354
					146,094	519,544	73	665,711	602,996

			2021	2020
				8
Staff Costs			1,402	1,464
Garden nursery and	workshop	purchases	1,572
Postage, stationery,	marketing	etc.	207
Motor expenses			59
Sundries			61
			3,301	1,464

							Sale of
							goods and
							services	Contractual
								f.
Staffcosts							35,647	55,917
Other operating			leases				53	158
Light and heat							185	555
Postage, stationery,				tnarketing	etc.		52	155
Telephone							56	167
Bank charges		k.Interest					575	1,726
Sundries							172	517
Professional	fees inc HR and				paymll		2,664	7,993
Bookkeeping		services					142	425
Accountancy		fees
Independent	Examiners fee
							39,546	67,613
							2021	2020
						Contractual	Total	Total
						(governance)	activities	activities
								f
Statfcosts						1,573	93,137	96,836
Other operating			leases				211	251
Light and heat							740	667
Postage, stationery,				marketing	etc.		207	207
Telephone							223	166
Bank charges		dt	Interest				2,301	1,353
Sundries							689	470
Professional	fees inc HR and				payroll		10,657	7,980
Bookkeeping	services						567	338
Accountancy	fees					3,315	3,315	3,610
Independent	Examiners fee					775	775	750
						5,663	112,822	112,628

	2021	2020
Depreciation - owned assets	30,911	35,135
Other operating leases Deficit on disposal offixed assets	2,101 1,354	2,511
Branding and Franchises amortisation	187

STAFF COSTS
				2021	2020
Wages and salaries				554,869	505,079
Social security costs				29,348	27,210
Other pension costs				9,117	8,203
				593,334	540,492
The average monthly	number ofemployees	during	the year was as follows:
				2021	2020
Centre manager				1	1
Centre and support staff				44	43
				45	44

15.	INTANGIBLE FIXEDASSETS
				Branding
				and
				Franchises
	COST
	Additions			3,735
	AMORTISATION
	Charge for year			187
	NET BOOK VALUE
	At 31July 2021			3,548
	At 31July 2020
16.	TANGIBLE FIXEDASSETS
				Gardening
		Freehold	Biomass	dt outside
		property I	boiler I	equipment
	COST
	At 1 August 2020	368,029	26,926	16,531
	Additions	34,279		1,647
	Disposals
	At 31July 2021	402,308	26,926	18,178
	DEPRECIATION
	At 1 August 2020 Charge for year	63,642 11,233	8,077 1,346	9,284 2,224
	Eliminated on disposal			(1,313)
	At 31July 2021	74,875	9,423	10,195
	NET BOOK VALUE
	At 31July 2021	327,433	17,503	7,983
	At 31July 2020	304,387	18,849	7,247

	Offtce,
	shop
	furnishings
	and
	general	Motor	Woodwork
	equipment	vehicles	tools	Totals
				f
COST
At 1 August 2020	64,117	70,353	6,565	552,521
Additions	5,086			41,012
Disposals		(3,000)		(3,000)
At31 July2021	69,203	67,353	6,565	590,533
DEPRECIATION
At 1 August 2020	43,697	31,034	5,267	161,001
Charge for year	6,376	9,408	324	30,911
Eliminated on disposal				(1,313)
At 31July 2021	50,073	40,442	5,591	190,599
NET BOOK VALUE
At 31 July 2021	19,130	26,911	974	399,934
At 31 July 2020	20,420	39,319	1,298	391,520

Included in cost or valuation ofland and buildings is fre STOCKS	ehold land off83,050(2020 - $83,050) which is not	depreciated.
	2021	2020
Raw materials	931	1,378
Work-in-progress	270	644
Finished goods	14,999	18,457
Other stocks	370	373
	16,570	20,852

18.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
	Trade debtors		4,058	43,421
	Other debtors		1,822	12,062
	Prepayinents and accrued	income	22,698	23,888
			28,578	79,371
19.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
	Bank loans and overdraits	(see note 21)	7,500
	Trade creditors		3,361	4,881
	Social security and other taxes		17,009	18,516
	Other creditors		2,236	2,327
	Receipts in advance		6,635
	Accrued expenses		29,252	28 206
			65,993	53,930
20.	CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR
			2021	2020
	Bank loans (see note 21)		42,500
21.	LOANS
	An analysis ofthe maturity	ofloans is given below:
			2021	2020
	Amounts falling due within one year on demand:
	Bounce back loan		7,500
	Amounts falling between one and two years:
	Bounce back loan		10,000
	Amounts falling due between two and five years:
	Bounce back loan		30,000
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bounce back loan		2,500

	2021	2020
Within one year	2,101	1,323
Between one and five years	5,914	5,292
	8,015	6,615
PROVISIONS FORLIABILITIES
	2021	2020
Provisions		24,450

MOVEMENT IN FUNDS
					Net	Transfers
					movement	between	At
			At	1.8.20	in funds	funds	31.7.21
				f,
Unrestricted funds
General fund			320,902		7,927	51,220	380,049
Designated Freehold Property	fund		271,138			1,638	272,776
Designated Other Assets fund				7,490		6,500	13,990
			599,530		7,927	59,358	666,815
Restricted funds
Walking Group Fund				1,948	(1,402)		546
Anne Baker Bursary Fund				7,500			7,500
Gig Buddies Fund				6,650	4,601	(3,000)	8,251
Staying Safe Together Fund				9,700		(9,700)
Breathing Space				5,627	2,361		7,988
Infection Connol					37,235	(37,235)
The National Lottery Community		Fund			13,269	(8,568)	4,701
The Plastic Project					760	(760)
Covid 19Restore &Recover	Grant				994	(994)
Homework Boxes &.Craft materials					(899)	899
			31,425		56,919	(59,358)	28,986
TOTALFUNDS			630,955		64,846		695,801
Net tnovement in funds, included		in the above	are as follows:
					Incoming	Resources	Movetnent
					resources	expended	in funds
Unrestricted funds
General fund					795,766	(787,839)	7,927
Restricted funds
Walking Group Fund Gig Buddies Fund					4,601	(1,402)	(1,402) 4,601
Breathing Space					2,361		2,361
Infection Control					37,235		37,235
The National Lottery Community		Fund			13,269		13,269
The Plastic Project					760		760
Covid 19Restore &Recover Grant					994		994
Homework Boxes &Cratt materials					1,000	(1,899)	(899)
					60,220	(3,301)	56,919
TOTAL FUNDS					855,986	(791,140)	64,846

					Net	Transfers
					movement	between	At
				At 1.8.19	in funds	funds	31.7.20
Unrestricted funds
General fund				221,237	85,851	13,814	320,902
Designated Freehold	Property		fund	269,679		1,459	271,138
Designated Other Assets fund				9,132		(1,642)	7,490
				500,048	85,851	13,631	599,530
Restricted funds
Walking Group Fund				2,632	(684)		1,948
Garden classroom fund				1,395		(1,395)
Tree House fund				412		(412)
Ceramics fund				2,834		(2,834)
Nursery improvements	fund			4,639		(4,639)
Stronger conununities fund Anne Baker Bursary Fund				871 5,809	(780) 1,691	(91)	7,500
Toilets refurbishment	fund			3,780		(3,780)
Scare Zone catering equipment			fund		480	(480)
Gig Buddies Fund					6,650		6,650
Staying Safe Together	Fund				9,700		9,700
Breathing Space					5,627		5,627
				22,372	22,684	(13,631)	31,425
TOTAL FUNDS				522,420	108,535		630,955
Comparative net movement		in	funds, included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended f	in funds
Unrestricted funds
General fund					813,037	(727,186)	85,851
Restricted funds
Walking Group Fund						(684)	(684)
Stmnger communities	fund					(780)	(780)
Anne Baker Bursary Fund					1,691		1,691
Scare Zone catering equipment			fund		480		480
Gig Buddies Fund					6,650		6,650
Staying Safe Together	Fund				9,700		9,700
Breathing Space					5,627		5,627
					24,148	(1,464)	22,684
TOTAL FUNDS					837,185	(728,650)	108,535

			2021I	2020
Net income for the	reporting	period (as per the Statement ofFinancial
Activities)			64,846	108,535
Adjustments for:
Depreciation charges			31,098	35,135
Loss on disposal of	fixed assets		1,354
Interest received			(258)	(270)
Interest paid			79
Movement in provisions			(24,450)	24,450
Decrease in stocks			4,282	3,396
Decrease/(increase)	in debtors		50,793	(38,296)
Increase in creditors			4,563	26,461
Net cash provided	by operations		132,307	159,411

		At 1.8.20	Cash flow	At 31.7.21
		f
Net cash
Cash at bank and in hand		217,592	138,072	355,664
		217,592	138,072	355,664
Debt
Debts falling due within Debts falling due after 1	1 year year		(7,500) (42,500)	(7,500) (42,500)
			(50,000)	(50,000)
Total		217,592	88,072	305,664