2022-07-31-accounts - Northdale Horticulture

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Contents ofthe Financial Statements	Contents ofthe Financial Statements	Contents ofthe Financial Statements	Contents ofthe Financial Statements
	for	the Year Ended 31 Jul	2022
					Page
Report ofthe Trustees				I	to	7
Report ofthe Independent		Auditors		8	to	11
Statement ofFinancial	Activities				12
Balance Sheet				13	to	14
Cash Flow Statement					15
Notes to the Financial	Statements			16	to	31

				for the Yea	r Ended 31Jul 2	022
							2022	2021
					Umestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes			8
INCOME AND ENDOWMENTS			FROM
Donations and legacies				3	255,913	79,615	335,528	68,472
Charitable activities
Saleofgoods and services					82,049		82,049	51,252
Contractual					764,314		764,314	635,035
Letting ofnon investment		property			4,473		4,473	2,279
Ancillary					5,968		5,968	6,306
Other trading activities				4	2,242		2,242
Investment income Other income				5 7	717 3 140		717 ~3140	258 92 384
Total					1 118816	79615	1 198431	855 986
EXPENDITURE ON
Raising funds
Raising donations and	legacies			8	14,753		14,753	12,607
					14,753		14,753	12,607
Charitable activities
Saleofgoods and services					151,227	27,552	178,779	185,640
Contractual					779,862		779,862	592,820
Ancillary					707		707	73
Total					946,549	27,552	974,101	791,140
NET INCOME Transfers between funds				22	172,267 24 t44	52,063 ~24.444	224,330	64,846
Net movement in funds					196,711	27,619	224,330	64,846
RECONCILIATION	OFFUNDS
Total funds brought forward					666,815	28,986	695,801	630,955
TOTAL FUNDS CARRIED FORWARD					863,526	56 605	920,131	695,801
CONTINUING OPERATIONS
All income and expenditure		has arisen from		continuing	activities.

				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Intangible assets	14	2,801		2,801	3,548
Tangible assets	15	449,167		449,167	399,934
		451,968		451,968	403,482
CURRENT ASSETS
Stocks	16	24,874		24,874	16,570
Debtors	17	74,843		74,843	28,578
Cash at bank and in hand		~428 693	69,102	497,795	355,664
		528,410	69,102	597,512	400,812
CREDITORS
Amounts falling due within one year	18	(116,852)	(12,497)	(129,349)	(65,993)
NKT CURRENT ASSETS		411 558	56 605	468,163	334 819
TOTAL ASSETSLESSCURRENT
LIABILITIES		863,526	56,605	920,131	738,301
CREDITORS
Amounts falling due after more than one year	19				(42,500)
NET ASSETS		863 526	56 605	920131	695 801
FUNDS	22
Unrestricted funds				863,526	666,815
Restricted funds				56,605	28,986
TOTAL FUNDS				~920 131	~695 801

				Acorn an limitedb ~g C~hFl S	rante «	e
				for the Year Ended 31	1
						2022	2021
				Notes
Cash flows from operating		activities
Cash generated from operations Interest paid				26		285,411	132,307 ~79
Net cash provided by operating activities						285,411	132228
Cash flows from investing		activities
Purchase ofintangible fixed		assets					(3,735)
Purchase oftangible fixed assets						(94,581)	(41,012)
Sale oftangible fixed assets						584	333
Interest received						717	258
Net cash used in investing	activities					~93,280)	~44,156)
Cash flows from financing		activities
New loans in year							50,000
Loan repayments in year						~50,000)
Net cash (used in)/provided		by financing		activities		~50000)	50,000
Change in cash and cash	equivalents		in
the reporting period						142,131	138,072
Cash and cash equivalents		at the
beginning ofthe reporting		period				355,664	217,592
Cash and cash equivalents		at the ead	of
the reporting period						497,795	355,664

Depreciation is provided life.	at the following	annual rates in order to write off eac	annual rates in order to write off eac
Freehold property		2% - 15%on reducing balance
Biomass boiler		5%on cost
Gardening &outside equipment		25%on reducing	balance
Office, shop furnishings	and general
equipment		25%on reducing	balance
Motor vehicles		25% on reducing	balance
Woodwork tools		25% on reducing	balance

DONATIONS AND LEGACIES
	2022	2021
Donations	10,241	8,999
Grants	75,287	59,473
Legacies	250 000
	335528	68,472

					2022	2021
	Fundraising events				2,242
5.	INVESTMENT	INCOME
					2022	2021
	Deposit account	interest			717	258
6.	INCOME FROM CHARITABLE ACTIVITIES
						Letting
				Sale of		ofnon
				goods and		investment
				services	Contractual	property
	Provider invoice	income			243,827
	Hub provision				449,873
	NHS &Selffunding				50,836
	Garden nursery	sales, contracting	and
	workshop sales			66,631
	Renewable heat	incentive
	Room and facility hire					4,473
	Sundry income
	Breathing Space	Activities		15,418
	ABLE (Provider	invoice income)			19,778
				82,049	764,314	4473

						2022	2021
						Total	Total
					Ancillary	activities	activities
	Provider invoice	income				243,827	289,075
	Hub provision					449,873	325,210
	NHS &Selffunding					50,836	20,750
	Garden nursery	sales, contracting	and
	workshop sales					66,631	51,252
	Renewable heat	incentive			5,940	5,940	6,030
	Room and facility hire					4,473	2,279
	Sundry income				28	28	276
	Breathing Space	Activities				15,418
	ABLE (Provider	invoice income)				19,778
					5,968	~856 804	694 872
7.	OTHER INCOME
						2022	2021
	Minibus hire income						(3,871)
	Government grants					208	96,255
	Assets received	re Able				1,500
	Transfer ofassets from unincorporated			charity		1,432
						3,140	92,384

to the value	off1,500 from	Broadacres.
RAISING	DONATIONS	AND LEGACIES
			2022	2021
Staffcosts			14,538	12,587
Fundraising	costs		215	20
			14,753	12,607

CHARITABLE ACTIVITIES COSTS
		Support
	Direct	costs (see
	Costs	note 10)	Totals
	f.	f.
Saleofgoods and services	137,815	40,964	178,779
Contractual	699,290	80,572	779,862
Ancillary	707		707
	837,812	121536	959,348

SUPPORT COSTS
				Human
		Management f	Finance	resources f
Sale ofgoods and services		38,142	449	1,835
Contractual		62,696	185	5,504
Governance
		100,838	634	7,339
		Memberships
		and	Governance
	Utilities	affiliations	costs	Totals
Sale ofgoods and services	353	185		40,964
Contractual	1,063	554		70,002
Governance			10,570	10,570
	1,416	739	10,570	121,536

	2022f	2021
Auditors' remuneration	4,950
Depreciation -owned assets	44,771	30,911
Hire ofplant and machinery	1,333
Other operating leases	3,354	2,101
Surplus/(deficit) on disposal offixed assets	(7)	1,354
Branding and Franchises amortisation	747	187
Auditors' remuneration -non audit services	8 674	10,165

							2022	2021
								f.
	Wages and salaries						673,999	554,869
	Social security	costs					42,467	29,348
	Other pension	costs					11,021	9 117
							727,487	593,334
	The average monthly		number ofemployees		during	the year was as follows:
							2022	2021
	Centre manager						1	1
	Centre and support staff						46	44
							47	45
	No employees	received emoluments		in excess off60,000.
							2022	2021
							No	No
	Total employed	by head count					60	46
	Wages and salaries includes employee healthcare					benefits off3,411(2021:K2,999).
14.	INTANGIBLE FIXEDASSETS

INTANGIBLE FIXEDASSETS
	Branding
	allli
	Franchises
COST
At 1 August 2021 and 31 July 2022	3,735
AMORTISATION
At 1 August 2021	187
Charge for year	747
At 31 July 2022	934
NET BOOK VALUE
At 31July 2022	2,801
At 31July 2021	3,548

TANGIBLE FIXEDASSETS
				Gardening
		Freehold	Biomass	&outside
		property I	boiler	equipment
COST
At I August 2021		402,308	26,926	18,178
Additions		39,158		578
Disposals
At 31 July 2022		441,466	26,926	18,756
DEPRECIATION
At I August 2021		74,875	9,423	10,195
Charge for year		15,965	1,346	1,812
Eliminated on disposal
Reclassification/transfer				1,313
At 31 July 2022		90,840	10,769	13,320
NET BOOK VALUE
At 31July 2022		350,626	16,157	5,436
At 31 July 2021		327,433	17,503	~7983
	Office,
	shop
	furnishings
	slid
	general	Motor	Woodwork
	equipment	vehicles	tools I	Totals I
COST
At I August 2021	69,203	67,353	6,565	590,533
Additions	9,104	45,741		94,581
Disposals		~11,480)		~11,480)
At 31July 2022	78,307	101614	~6565	673,634
DEPRECIATION
At I August 2021	50,073	40,442	5,591	190,599
Charge for year	7,058	18,347	243	44,771
Eliminated on disposal Reclassification/transfer		(10,903) ~1,313)		(10,903)
At 31 July 2022	57,131	46,573	5,834	224,467
NET BOOK VALUE
At 31 July 2022	21,176	55,041	731	449,167
At 31 July 2021	19,130	26911	974	399,934

		Notes to the Financial Stat	ments	- continued
		for the Year Ended	1 Jul	2022
16.	STOCKS
					2022	2021
					f	f
	Raw materials				6,291	931
	Work-in-progress				791	270
	Finished goods				16,942	14,999
	Other stocks				850	370
					24,874	16,570
17.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					2022	2021
	Trade debtors				12,985	4,058
	Other debtors				50,272	1,822
	Prepayments and accrued	income			11,586	22,698
					74,843	28,578
18.	CREDITORS: AMOUNTS FALLING DUE WITHIN		ONE	YEAR
					2022	2021
	Bank loans and overdrafts	(see note 20)				7,500
	Trade creditors				8,483	3,361
	Social security and other	taxes			25,609	17,009
	Other creditors				5,555	2,236
	Deferred income				62,348	6,635
	Accrued expenses				27,354	29,252
					~129349	~65 993
	Deferred Income reconciliation
					2022	2021
	Balance brought forward				6,635
	Amount released to the Statement ofFinancial Activities Amount deferred in the year				(6,635) 62348	ttts
	Balance carried forward				62348	6631

		2022	2021
	Bank loans (see note 20)		42,500
20.	LOANS
	An analysis ofthe maturity ofloans is given below:
		2022	2021
	Amounts falling due within one year on demand:
	Bounce back loan		7500
	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
21.	LEASING AGRKKMKNTS

	2022	2021
	I	I
Within one year	11,164	2,101
Between one and five years	21,882	5914
	33,046	8,015

MOVEMENT IN FUND	S
					Net	Transfers
					movement	between	At
				At 1.8.21	in funds	funds	31.7.22
Unrestricted funds
General fund				380,049	172,267	27,238	579,554
Designated Freehold Property Designated Other Assets fund		fund		272,776 ~13990		(1,226) ~1,568)	271,550 12422
				666,815	172,267	24,444	863,526
Restricted funds
The Autism Hub					14,702		14,702
The Hedley Foundation					2,071		2,071
Walking Group Fund				546	(798)	252
Anne Baker Bursary Fund				7,500	1,646	(311)	8,835
Gig Buddies Fund				8,251	(2,020)		6,231
Breathing Space				7,988	5	(7,993)
The National Lottery Community			Fund	4,701	18,805	(6,985)	16,521
The Charles &Elsie Sykes Trust					2,500		2,500
Community Fund					8,873	(6,174)	2,699
Baily Thomas Charitable The Percy Bilton Charity	Fund				4,000 2,279	(954) ~2,279)	3,046
				~28 986	52,063	24,444	56,605
TOTAL FUNDS				695,801	224,330		920 131
Net movement in funds, included			in the above are as follows:
					Incoming	Resowces	Movement
					resources	expended	in funds
Unrestricted funds
General fund					1,118,816	(946,549)	172,267
Restricted funds
The Autism Hub					19,000	(4,298)	14,702
The Hedley Foundation					2,071		2,071
Walking Group Fund						(798)	(798)
Anne Baker Bursary Fund					1,823	(177)	1,646
Gig Buddies Fund						(2,020)	(2,020)
Breathing Space					5		5
The National Lottery Community			Fund		39,037	(20,232)	18,805
The Charles &Elsie Sykes Trust					2,500		2,500
Community Fund					8,900	(27)	8,873
Baily Thomas Charitable The Percy Bilton Charity	Fund				4,000 2,279		4,000 ~2279
					79,615	~27,552)	52,063
TOTAL FUNDS					1,198431	(974,101)	224,330

Comparatives for movemen	t	in	funds
					Net	Transfers
					movement	between	At
				At 1.8.20	in funds	funds	31.7.21
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 Control					37,235	(37,235)
The National Lottery Community			Fund		13,269	(8,568)	4,701
The Plastic Project					760	(760)
Covid 19Restore &Recover Grant Homework Boxes &Craft materials					994 ~899)	(994) 899
				31,425	56,919	$59,358)	28,986
TOTAL FUNDS				630,955	64,846		695,801
Comparative net movement	in funds, included			in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted funds
General fund					795,766	(787,839)	7,927
Restricted funds
Walking Group Fund						(1,402)	(1,402)
Gig Buddies Fund					4,601		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&Craft materials					1,000	~1,899)	~899)
					60,220	~3301)	~56 919
TOTALFUNDS					855,986	(791,140)	64,846

RECONCILIATIO ACTIVITIES	N OFNE	T INCOME TO NET CASH FLOW FROM O	PERATINC
			2022	2021
Net income for the	reporting	period (as per the Statement ofFinancial
Activities)			224,330	64,846
Adjustments for:
Depreciation charges			45,518	31,098
(Profit)/loss on disposal offixed assets			(7)	1,354
Interest received			(717)	(258)
Interest paid				79
Movement in provisions				(24,450)
(Increase)/decrease	in stocks		(8,304)	4,282
(Increase)/decrease Increase in creditors	in debtors		(46,265) 70,856	50,793 ~4563
Net cash provided	by operations		2~411	132307

ANALYSIS OF CHAN	GES IN NET FUNDS
		At 1.8.21	Cash flow	At 31.7.22
		f.		f
Net cash
Cash at bank and in hand		355,664	142,131	497,795
		355,664	142,131	497,795
Debt
Debts falling due within	1 year	(7,500)	7,500
Debts falling due after 1	year	~42,500	42,500
		~50,000)	50,000
Total		305,664	192,131	497,795