Charity Registration Number . 1147015
Company Registration Number '. 07474198
CULTIVATE LONDON LTD.
A COMPANY LIMITED 8Y GUARANTEE
TRUSTEES, REPORT
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025

CULTIVATE LONDON LTD.
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
D A Larkam
S W Pocock
A X Shi (resigiied 2 Oclober 2024}
SJWard
N l Kilby
M Meisels (appointed 24 April 2024)
Charity Number
1147015
Company Number
07474198
Registered Office
Plant Nursery
Hanbury Road
London
W3 8RF
Secretary
D A Larkam
Indepondent Examinér
Keves & Hitsuji Ltd
UnitA
82 Jsmes Carter Road
Mildenhall
IP28 7DE

CULTIVATE LONDON LTD.
CONTENTS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees. Report
Independent Examinerfs Report
statemenl of Financial Activllles
Balance Sheet
Notes to the Financial Statements

CULTIVATE LONDON LTD.
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial sta12ments for the year ended 31 March 2025.
Trustees. report and financial slatements
The trustees. who are also directors of the charity for the purposes of the Companies Act 2006. present
their report with the financial stslements of the charity for the year ended 31 March 2025.
The Annual Report serves the purpose of both a Trustees, Report and a Directors, Report under company
law. The Trustees confirm that the Annual Report and financial statements of the charity comply with the
current statutory requirements. the requirements Df the charity s governing documents and the provisions
of the Statement of Recommended Practice {SORP) applicable lo the charities preparing their accounts in
accordance with the Financial Reporting Standards applicable in Ihe UK and Republic or of Ireland (FRS
102) (effective 1 January 2019).
Since the charity qualifies as small under section 382 of the Companies Act 2006. the strategic report
required of medium and larg8 companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
CHAIR'S REPORT
Cultivate London Is a unlque social enterprise whlch uses the power of hortlculture, access to nature and
the energy of collective endeavour to support and enhance urban communities who have limited acc8SS to
green space and 'h8nds on, experlences.
The team at Cultivate London create and maintain dynamic, sustainable, enjoyable innovative community
garden spaces. We use these as a base from which to reach out into the local community, giving children,
young people and adults of all backgrounds and abilities a chance to get involved in gardening, meet new
people and gain contact with nature.
Cultivate London has for another year shaped and enhanced many lives.
We use our sites as hubs hosting workshops for local community members and schools, and we also visit
groups and schools and help them create and care for their own spaces. We demonstrate, inspire, provide
self-confidence, and train people to care. Through this we provide access to cpportunities for wellbeing,
friendship, connection and health for a wide range of members of society of all age groups and
backgrounds.
As a responsible social enterprise, we provide learning. training and Work for those with less opportunity
Ihan others, providing a critical step up into careers in green skills, which continue to grow in demand.
Cultivate London is there for the whole community. It is with pride th81 we can look backthis year at
projects where we helped galvanise and supporl local residents, community groups and stakeholders to
enhan￿, create and manage community green spaces and gardens. We engaged 100s of people in our
community gardens and 100s of children and young people in our programmes delivering to schools and
education providers across West London.

Our evolving innovative hybrid commercial model provides landscaping services to property developers,
local authorities, hospitals and consortiums, such as our work with The London Borough of Ealing, we
were very pleased to have delivered the first planting elements of the Visions for Northolt regeneration
project. The enhancements completed so far are part of £1.3million of highways work due to be completed
in spring 2025 to make active travel, such as walking, cycling, scooting and jogging easier in Northolt.
Cultivate London was also very proud to have been chosen by the Old Oak and Park Royal Development
Corporation to work alongside JCLA design to transform a vacant triangle of land on the edge of Acton
and Park Royal into a woodland landscape echoing the Middlesex countryside now referred to as The
North Acton Triangle. We continue to provide a professional landscaping service while offering
opportunities for IoGal residents, and staff, to get involved and get their hands dirty.
During 2024-25 the Board worked hard on strategy and structure. with the aim of having confidence that
we could direct energy across both our core aims of growing the capacity of our commercial
fund-generating business. while also refreshing and growing our vital community projects. A new
management structure was developed, with Auberon Bayley moving to Director Commercial and
Sustainability, and the creation of a new Director of Community and Young People role, now filled by
Louise Briggs. All aspects of the charity are now driven through these two roles.
We intimately recognise the seasonal and cyclical nature of the space in which we operate
horticulturally and in funding programmes. These Gycles create challenges as demand for our commercial
work drops during winter and grant programmes which support a programme in one year are removed in
the next.
both
We aim to address this in our reserves policy and through building a slabilising baseline commercial
landscaping income which is less seasonally dependent and provides unrestricted funds. During 2024-25
we had a balance of r8Stricted funds (mostly grant income) lo unrestricted funds of 8.3 % restricted to 91.7
0/0 unrestricted.
In closing, I would like lo thank our Director of Commercial and Sustainabilily, Auberon 8ayley, who
worked 30 hard during the Gourse of the last year supporting the transition of the structure of Cultivate
London whlle developing some truly innovatlve commercial programmes wlth clients. And I would like to
welcome Louise Briggs, our new Director of Community and Young People, who has demonslraled such
energy in looking to bolster and then innovate on our community charitable aims.
I would like to offer special Ihanks to our hardworking and dedicated slaff, usually found working outside in
all weathers. You 811 should be very proud of the positive differènce thatyou make to the lives of local
residents, children and communities in which we work.
I would also like to thank our trustees. volunteers. donors and supporters who give their own time, energy
and money to care for our gardens and lo improve the lives of others.
Chair
OBJECTIVES AND ACTIVITIES
Aims and Objectives

Aims
Cultivale London's mission is to develop a commercially sustainable and scalable offering to ensure
continuous support of..
1. The individual to be better equipped to Identify and sustain suitable employment whilst building
confidence and connèction through increased knowledge, capability and opportunity.
2. The community through creating social cohesion with shared appreciation for green spaces and
education in the power of horticulture and green Spaces.
3. The environment by increasing biodiversity in public and commercial spaces to help reduce the
impact of climate change whilst creating new andlor enhancing green spaces for local residents in
London.
Objectlves
1. To use the power of horticulture and developing green spaces to support and enhance local
communSties.
2. To provide opportunities to learn, train and work to disadvantaged individuals, community groups.
individuals and school groups.
3. To generate appreciation and engagemenl in green space and its preservation
2024-25 Objectives
Th8 objectives for the year were-
1 . To fulfil our core objectives.
2. To continue to focus on community-engaglng, commercial landscape gardening and malntenance
offering, along with an extension to domestic, and utilise the progress in this area to increase our
offer for the grant funded community projects.
3. To continue the development of our new DIG community garden in Hanwell, Ealing a5 a centre for
community gardening and engagement with nature, building on the successful model developed
wlth our Salopian Garden, Hounslow.
4. To improve our links with local authorities, housing associ8tions, housing estates, local
development C￿sortiuMS needing landscaping and horticulture contracts.
5. To review our charlty team structures to ensure that we are In a position to take full advantage of all
commercial and grant and community opportunities that arise.
Public Benefit
The Trustees confirm that reference has been made to the guidance contained in the Charity
Commission's general guidance on public benefit when reviewing the Charily's aims andobjectives, in
planning future activities and in setting the policies for the period.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvllles
1. Introduction

During this peiiod we worked regularly across our own Salopian Gardens, Isleworth {LondDn Borough of
Hounslow) and the DIG Garden, Hanwell (London Borough Df Ealing) along with a widerange of
community sites, several commercial sites, and many private gardens.
Tha divèrsity of th8 spacès th91 wa work within and the rang& of audiences that we can therafor& raach,
are amor)gst our proudest achievements.
Thls number of sites and projects allowed us to Interact and work with a wide range of people. Just as
example..
We supported over 25 community gardens and spaces across Ealing and Hounslow
Over 400 adults gardened with us over the year at our community gardens.. The Salopian Garden
in Isleworth and The DIG in Hanwell, and at the 25 other locations where we lead community
gardening.
We supported 10 school gardons with regular gardening sessions from early years to senior
schools
4 schools in Ealing were supported with 32 sessions reaching 261 children in our OVO
o Foundation
ecoschools
project
within
Ealing.
6 schools in Hounslow benefitted from 80 workshop sessions as part of ongoing Thriving
Communitie3 grant funding from London Borough of Hounslow. We provided 75 8e38ion8
completing a Hounslow Thriving Communities funded project (Circular Schools) promoting the
circular economy. This allowed 75 Students including larger groups of primary school students
and smaller groups of students with SEND or mental health challenges to garden and leam in
green spaces. We also commenced a new Thriving Communities project to develop school
gardens in close proximity to newly eslablish8d Gommunity gardens in support of the council's
Grow for the Future programme.
2. Our Communlty Gardens - Provldlng Welcomlng Spaces
A. Salopian Gardens, Isleworth, TW7
A well establi5h8d community garden thal is op@n 8very Wednesday. The garden provides a therapeutic
space for local residents recovering from mental health issues and the IoGalMental Health recovery team
regularly
refer
clients
into
the
garden.
It is a learning hub for people who are starting their journey into horticulture and has provided valuable
voluntary work opportunities to allow access to apprenticeships with other organisations.
Other groups use the garden on a Wednesday to provide workshops such as Plant Dyes witha textile
artist, Hounslow Seniors Festival Pizza Making, scout group visits, Caley Brothers mushroom farm photo
shoot and community open days. The volunteer days are led by our Director of Community and Young
People and her team.
On Sundays, the garden hosts a long-standing Sunday Arts Community Group of 33 local members who
work together on creative projects inspired by the garden.
The garden is an "OUTSTANDING example of a community growing space. as evidenced by our being
awarded the London in Bloom awards in 2022, 2023, Aulumn 2024 in the "Its Your Neighbourhood"
category.

B. DIG, Hanwell, W7
Our new site was acquired in May 2021 Ihrough successful funding in a Mayor of London l Ealing
SpaceHive community funding campaign raising over £32,000 from more than 70 backers, including the
Mayor of London and Ealing Council's Future Ealing Fund.
We received the keys lo the sile in June 2022. and 2024-2025 saw us continue the transformation and
renovation of this large, very overgrown. garden space.
Our aim for this space is to develop the space as a community allDtment for local people lo enjoy growing
fruit and vegetables together. Surplus produce donated to The Store Cupboard in Ealing, providing
extremely affordable food as a Not for Profil Food shop When not in use by Cultivate, the space is also
opened to communily groups as a low-cosl space to meet. We plan lo continue to develop the spèce as
an asset for the local community in and around Hanwell.
Throughout Ihe year, we run a weekly volunteer day for a diverse group of local people on Mondays. On
Wednesdays there is a weekly curated session for NHS Perinatal clients and a Carers group.
DIG hosted a number of Corporate Volunteering days lo support the regeneration of the site.
Organisations included Disney and Clarion Housing Group with over 160 attendees.
In Autumn 2023, DIG was awarded the "Establishing" award in the London in Bloom Awardsin the "Its
Your Neighbourhood" category. By Autumn 2024 DIG wa$ commended as an "Advancing" garden in thosè
same London in Bloom Awards.
C. Hanbury Road, Acton, W3
This is our sile within the Acton Gardens estate.
This site also provides a base for the garden services team and a point from which Cultivate London
engages with local partners including Ealing Council.
Using funding from the Ealing Pioneers grant and working with partners LEAP we will be deploying a
closed loop growing System collecting green waste from the Surrounding area and using an anaerobic
system to convert il into feed and compost. The project was kicked off with several large partners (LEAP,
University of West London, Countryside Homes).
A5 of October 2025 the project is progressing. with installation of the LEAP Biodigester, and planning for
the introduction of innovative programming to trial new methods food wasle recycling and sustainable
living with the Bollo Lane Developments community to begin in early 2026.
We are very grateful to Ealing Council and Countryside Partnerships for supporting our presence within
the Acton Gardens estate.
3. Supporting Schools, Children and Families

School activities are linked to curriculum objeclives and put the student needs at the forefront of the
planning. Communication prior to school visits enables these sessions to be tailored to the needs of the
specific students.
A. Clrcu12r Sehools - Hounslow Thrlvlng Communltl4É 24-25 - Opportunltlos for Hounslow School
Pupils
Thls year, we expanded our schools outreach sesslons, Gommenclng a new Thrlvlng Communlties
program developing dilapidated school gardens at a Hounslow Primary and ata Secondary school (Rosary
Catholic Primary School and Lampton SGhool). This allowed us lo reach 50 children over a long period,
leaching them how to grow fruit and veg and developing Iheir knowledge of biodiversity and composting.
This Thriving Community project also established 4 new community gardens on estates closeto the school
gardens creating a synergy where adults, families and children were encouraged to meet. learn to garden
and eat fresh produce. Through this, we helped develop stable community groups and promoted pride,
B. Hounslow Larnpton Park Cornrnunity Allotment
We were dellghted this year lo assist the London Borough of Hounslow to contlnue developlng the
Lamplon Park Community Allotment in support of their multi-year Grow forthe Future programme.
We ran 2 sessions a month across the year helping a thriving group of around 25 volunteers lo grow
frult, vegetable and herbs In Lampton Park. The sessions were also designed to glve Ideas of ways to
grow plants al home on balconies and gardens: developing green skills and capacity building within the
communlty.
This look gardening sessions to a diverse group of adults who might not have opportunitiesto connect
otherwise and developed civic pride, amenity and interest in this well used public park.
C. OVO Energy Schools programme In Eallng
The Ovo Circular Economy grant was awarded to Cultivate to provide schools in Ealing with guidan￿ on
how ID create sustainable growing spaces. Educational sessions were provided lo teach studenls about
food growing and recycling green waste lo benefit the environmentand create fertile, biodiverse soils. Four
schools ranging across Early Years and Primary benefited from 32 sessions, reaching over 260 children.
4. Supporting the community
Our Salopian and DIG gardens host weekly programmes utilised by the community already described
previously.
Along with these we run a wide range ofoutreach discrete projects. Her8 are a coupl8 of examples:
A. Midland Terrace- Engaging local residents, Ealing Council

In partnership with Ealing Council and the Old Oak and Park Royal Development Corporation, a project
was iniliated lo develop a dilapidated playground that had fallen out of use. The space is in close vicinity
to the HS2 construction zone, where local residents have been disproportionalely affected by noise and
disruption. Cultivate London provided contract landscaping to prepare the space and a community
planting day lo start to build local involvement in this exciting redevelopment.
B. Dean Gardens- Engaging Resi(lents with their Parks. Ealing Council
In Ealing, working with the Council, we continued to engage with the local community at Dean Gardens, a
busy focal point in West Ealing. The goal for this project is lo change the perception of the park and
engage the local community. We ran regular community drop-in volunteering sessions across the year,
working on projects which helped make the park feel more welcoming and safe. and reconnecting local
people positively wilh the space.
5. Landscaplng Plus - Provldlng beautlful surroundlngs and engaglng the Communlty
Landscaping Plus involves creating and carlng for commercial spaces while also ensuring that there are
many opportunities for the local community, residenls and employees to get involved, to help influence
and improve their own spaces. These programmes also providevolunte8ring and apprenticeship
opportunilies, providlng training for youThJ people,
During this year we initiated a very successful programme with the London Northwest Healthcare Charity
voted for by the staff of Ealing Hospital and Northwick Park Hospital. The programme envisages
renovating prominent green spaces around both hospitals, creating biodiverse, relaxing and healing
spaces for wildlife, staff and patients.
In the spring of 2025, we commenced work on the first phase of this 3 year project at Ealing Hospital with
our commercial team cutting turf around a bsrren carpark creating flowerbeds and a newly fomed group
of 15 community volunleers and NHS hospital staff gathering to sow wildllower seeds Iher2. This project
will nDW continue for 3 years expanding to other areas across Ealing Hospital and Norlhwick Park
Hospilals.
FINANCIAL REPORT. STRUCTURE, GOVERNANCE
Cultivate London runs on a mixed model of trading income and grants and over the last few years we
have increased the trading income percentage compared to restricted grant funding,.
92CA*
granlltrading
75Yo
2024125
2 0 2 3124
3 5 0/,
330/D 670/0 in 2021122
65.1
2 0 2212 3
Income

Incotne Total income for Ihe year was £419.870 (2024: £361,220). of which £34,740 (2024: £91,223>
represented restricted grants, £24,379 unrestricied grants and donations12024: £32,419) and £360,751
(2024: £237,578) represented income from charitable activities and Dther income.
Expenditure
Total resources 8xpend&d for th& year were £393.072 (£49,972 restricted and £343,100 unrestricted)-
This compares to total expenditure of £327,714 {£93,869 restricted and £233,845 unrestricted) in 2024.
The main expenditure of the organisation is the salaries of staff who are engaged as management,
support staff, session leaders, horticultural specialists and apprentice gardeners, These are supplemented
on a per project basis by freelance staff.
All costs for specific projects must be raised separately, mainly from grant applications or unrestricted
income raised through landscaping and maintenance contracts, corporate team building days, fundraising
events, and other local fund raising.
Reserves policy
Reserves are relained with Ihe intention of..
Ensuring up to 3 months staff salary and operational costs can be rnel, and
Worklng capit81 belng sufficlent so that, wlth fluctuatlng Income, It allows for st8blecontlnuatlon of
project d81iv8ry.
As of 31 March 2025 the charity frée reserve f811 short of thé desired lev81.
The Board reviewed Ihe Reserves Policy during 22-23 and again during 23-24 and in 24-25 it was
continually under review within the Management Committ2e, guiding our structural and strategy changes.
We recognise the seasonal nature of the space in which we operate - both horticulturally and in funding
programmes
and that this seasonality create5 challenges. We must work harder during the summer
months with an eye on raising sufficienl unrestricted funds to cover the leaner winter months. We must
manage costs to ensure unrestricted funds can be moved into reSe￿eS.
The rebalancing of income from 33 % 670/0 Irestricted grant .' Iradingl in 2021-22 10 25 /0 75°/D in2023-24
and to 80/0
920/0 in 2024-25 is a reflection of the Board's work on this issue.
The Board will Gonlinue to ensure our reserve is refleGtive of the environment in which we Gurrenlly
operate and will
Work to continue to adjust the balance of income generation towards increased unrestricted funds
To proactively budget income from such projects to top-up the reserve until it reaches the target
levels described above
To closely monitor and manage costs to further aid building the reserve
The Charity seeks to ulilise all restricted reserves on the defined projects within the specified timeframe.

FUTURE PLANS
Cultivate London aims to consolidate our position as a catalyst and support hub for helping groups and
individuals within the community to develop growing spaces and to engage with nature where they live.
Cultivate London will work to create a solid foundation from which lo build financial stabililyby expanding
our landscaping offer across commercial and domeslic. We will do this by increasing our capacity and
efficiency, utilising our home grown resources. We will differentiale ourselves froni commercial
landscaping companies by emphasising the unique communily benefits that using Cultivate London
provides: opportunities for local residents to tske part in caring for their local area and, where funding
allows, the operation of apprenticeship schemes to grow green skills. Cultivate London builds capacily.
Cultivate London will maintain Ihe ratio of income earned through commercial projects from grant funded
2ctiviti@s. This unr8slrict@d income will bp LJS@d by Cultivate London to intr82S@ our r@S8lV8 lev@Is.
We will retain our core sites for activitl8s at Acton Gardens (Hanbury Road, Actonl, Salopian Gardens
(Isleworth) and DIG {Hanwell). These will act as Gommunity hub3 to support local people, Iraining hubs lo
develop green skills, and demonslralions of best practice. They continue to act as our "shop window- and
the base from which we can reach further intothe communities we work within.
STRUCTURE, GOVERNANCEAND MANAGEMENT
Governing document
Cultivate London Ltd. is a company limited by guarantee with no share capital incorporated on 20th
December 2010 and governed by Its Articles of Association dated 20thDecember 2010. which were
amended in March 2012, September 2020 and January 2021.
Appointment, induction and training of Truslees
All appointments are made by Cultivate London. Selection of Trustees is made on the basis of the need to
fulfil Cultivate London's leg81 obligations and to reflect the skills required 81 bo8rd level and the community
in which Cultivate London is based. Trustees may serve a maximum of four consecutive terms of three
years to the appropriate retirement meeting,before taking a break from office, and may not be
re-appointed for one clear year.
Trustees may join the committee at any time as observers and may be elected to the Management
Committe8 al a subsaquant meating. Recruitment has baen via word of mouth and networking
opportunities, and will also be via advertisement. In 2026 we plan lo recruit a new tranche of Trustees.
Training 15 available for Trustees
New Trustees are given copies of the memorandum and articles and Cultivate London's policies and
procedures along with a Guide for Trustees. They are encouraged to visit all the sites and to meet staff,
and take part in our projects.

Organisational structure
Cultivate London is run by a Management Committee made up of Trustees and Executive Directors of the
Company along with co-opted Trustees.
The coimmittee is chaired by the Chair.
The Managemenl Committee is supported by a Finance Committee consisting of the Chair, Executive
Directors, and a Director with specific financial experience, supported by appropriate slaff.
Additional short-lived Committees are sel up as required to address specifiG issues.
Strategic decisions are made by agreement and by voting where necessary with the Chair h8ving the
casting vote.
Staff are welcome to attend Committee meetings but have no voting rights.
Officers. meetlngs are held as necessary to make day-to-day decislons. The Offlcers, meetlngs include the
Executive Directors. th8 Chair and other staff and Trustees when necessary.
The AGM is usually held in early spring.
Day-to-day management Is devolved to the Executive Dlrectors Auberon Bayley (Dlrector, Commercial
and Sustainability) and Louise Briggs (Director, Community and Young Peop18)
Company
Limited
Guarantee
The Trustees are also members of the company and guarantee to contribute to the assets ofthe corff pany.
In the event of being wound up, such amounts as may be required notexceeding £1. The Trustees have
no beneficial interest in the company.
Trust8es' responslbllltles stalement
The trustees, who are also the directors of Charity For Cultivate London Ltd, for the purpose of cornpany
law, are responsible for preparing the Trustees, Report and the linancial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charity and of the incoming resources and application of
resources, including the income and expenditure, of the charitsble company for that year.
In preparing these financial st81ements, the trustees are required lo-
select suitable accounting policies and then apply them consistently.,
observe the methods and principles In the Charities SQRP;
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial stalements., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of Ihe charily and enable them to 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 Ihe prevention and detection of fraud and other
irregularities.
Small Companies Note
In preparing this report, the Truslees have taken advantage of the small companies, exemptions provided
by section 415A of the Companies Act 2006,
This report was approved by the trustees and signed on its behalf by:
S W Pocock
Trustee
Dat8 .' 10 December 2025

CULTIVATE LONDON LTD.
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent Examinerfs Report to tho Trustees of Cultivate London Ltd. (Ihe charity,)
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31
March 2025 which consists of the statemenl of financial aclivities, balance sheet and the related notes.
Responsibilities and basis of report
As the charity's trustees {and its directors for the purpose of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the 2011 Act'>
and the Companies Act 2006.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the
Companies Act 2006 and are eligible for independent examination, I report in respect I report in respeGI of
my examinatlon of the charity'5 accounts carried out under seclion 145 of the 2011 Acl and in Garrying oul
my examination I havg followed all the applicable Directions given by the Charity Commission under
section 145{5>lb) of the 2011 Act.
Independent Examlner's Statomenl
The tharity's gross income exceeded £250,000 and your examiner must be a member of a body listed in
sectlon 145 of the Charities Act 2011. 1 confirm that l am quslifled to undertake the examlnstlon because I
8m a member of the ACCA which is one of the listed bodies.
I have completed my examination, I confirm that no material matters have come to my attention in
Connection with the examination which gives me cause to believe that in any material respect:
the accounting records were nct kept in accordance with section 130 of the Charities Act and
section 386 of the Companies Act 2006., or
the accounts did not accord with the accounting records- or
the accounts do not comply with the accounting requirements of section 130 of the Charities Act
and section 386 of the Companies Act 2006 other than any requirement that the accounts give a
'Irue and fairf view which is not a matter considered as part of an independent examination, or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities (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 to enable a proper understanding of the accounts to be
reached.
This report is made solely to the charity's Trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state lo the
charity's Trustees Ihose matters that l am required to stale to them in and Independent Examinerfs repori
and for no other purpose. To the fullest extent permitted by law, I do nol accept of assume responsibility
lo anyone other than the charity and the charity's Trustees as a body, for my work or for this report.
Name: Kathrln Kendall

for and on behalf of Keves & Hitsuji Ltd
Date.. 10 December 2025

CULTIVATE LONDON LTD.
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Restricled
Unrestricted income funds
funds
Recommended
Total Funds
Total Funds
Notes
categories by activity
2025
2024
Income and
endowments from..
Donations and
legacies
24,379
34,740
59,119
123,642
Charitable activities
354,825
354,825
230,507
Investments
1,089
1,089
Other
4,837
4,837
7,060
Total
385,130
34,740
419,870
361,220
Expenditure on:
Charitable activilies
343,100
49,972
393,072
327,714
Total
343,100
49,972
393,072
327,714
Net
in¢omellexpenditure>
42,030
(15,232)
26,798
33,506
Transfers batwean
funds
3,752
(3,752)
Net movomant in
funds
45,782
(18,984)
26,798
33,506
Reconciliation of
funds:
Total funds brought
fomard
{46,956)
75.535
28,579
(4,927)
Total funds carried
forward
{1,174)
56,551
55,377
28,579

CULTIVATE LONDON LTD.
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2025
Recommended categories by
activity
Total Funds 2025
Total Funds 2024
Notes
Fixed assets
Tangible assets
19,964
28,323
Total fixed assets
19,964
28,323
Current assets
Stocks
Debtors
10
62,073
44,744
Cash at bank and in hand
83,255
49,052
Total current assets
145,333
93,796
Creditors.. amounts falling due
within one year
12
75,864
43,916
Net current assetsl(Ilabllltlesl
69,469
49,880
Total assets less currènt
Ilabllltles
89,433
78,203
Creditors.. amounts f811ing due
after one year
13
34,056
49,624
Total n8t assots
55,377
28,579
Funds of the Charlty
Unrestricted funds
14
(1,174)
(46,956)
Restricted income funds
14
56,551
75,535
Endowment funds
14
Total funds
55,377
28,579
For the year ended 31 March 2025 the company was entitled to exempticn from audit under section 477
of the Conipanies Act 2006 relating lo small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in
accordan￿ with section 47£.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act

2006 with respect to accounting records and (he preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to
companies subject lo the small companies regime.
The financial statements were approved by the trustees on 10 De￿mber 2025 and signed on its behalf
by..
S W Pocock
Trusteo
Date . 10 December 2025

CULTIVATE LONDON LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the
preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cosl convention, as modified by the inclusion of
charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with "Accounting and Reporting by Charities..
Stalement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1
January 20191- (Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and
Republic
of
Ireland
IFRS
102)
and
the
Charities
Act
2011
These accounts are presented in pounds sterling and rounded to Ihe nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic
conditions and have, at the time of approving these accounts, a reasonable expectalion that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus they
Gonlinue to adopt the going concern basis of accounting in preparing the account5.
1.3 Income from donations or grants
Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is
probable and the amount can be measured reliably. For donalions, this is usually on receipt. For grants,
this is usually when a formal offer is made in writing. If a donation or grant contains terms and conditions
outside of the charity's control which must be met before the charity is entitled to the funds, or if the donor
specifies that the funds must be used in future lime periods, then the income is deferred.
1.4 Income from charitable activities
Income from charitable activities is recognised over the period to which the income relates.
1.5 Investment income
Income from investm8nts is r8cognis8d once the charity has entitlem8nt to th8 funds.

1.6 Expenditure
Expenditure is recognised when a present legal or constructive obligation exists al the balan￿ sheet date
as a result of a past event, il is probable that a transfer of economic benefits will be required to settle the
obligation, and the amount can be estimated reliably. It is inclusive of VAT which cannot be recovered.
Direct Gosts are those Gosts which direGtly attribute to its activities. Wages and salaries are alloGated to
direct costs based on an estimate of time spent on charitable activities by staff members.
Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to
specific artivities and this is reflected in the allocation of payroll costs based on the percentage of time
All costs, including governance costs, are allocated between the expenditure categories of the charity on
a basis designed to reflect the use of the resour￿. Costs relating to a particular activity are charged
directly.,
others
are
apportioned
on
appropriate
basis.
Support costs and overheads have been calculated by allocating staff time to the level of involvement in
Ihe various activities of the Charity.
1.7 Pensions
The Charity makes contribulions to d8fined contribution pension schemes through auto enrolment. These
contributions are charged to the income and expenditure account in the year in which they become
payable.
1.8 Taxation
The organisation is a registered charity and has no liability to income tax or corporation tax on its
charilable
activities
during
the
year.
Value added lax is accounted for on an accruals basis.
1.9 Creditors
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
lh8 charity to that exp@nditur8. it is probable Ihat a transf8r of economic benefits will be required in
settlement and th8 amount of the obligation can be measLJr8d reliably.
1.10 Provisions for liabilities
A liability is measured on recognition at its historical cosl and then subsequently measured at the besl
estimate of the amount required to settle the obligation al the reporting dat8,

1.11 Financial instruments
Charities preparing accounts normally measure a basic financial asset or basic financial liability on its
initial recognition at the amount receivable or payable adjusted for any related transaction costs.
However, if initially measured at fair value, transaction costs are not included in the measurement of
financial assets or liabilities,. instead, the transaction costs are treated as an expense. If extended credit is
offered,
the
acGounling
treattnent depends
on
those
exlended
cred it terms.
The subsequent measurement of financial asset5 and financial liabilities depend5 on Iheir nature and
settlement dates. The carrying amount must be calculated without any deduction for transaction costs
Ihat may be incurred on sale or disposal.
1.12 Fund accounting
Unrestricted funds are those funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
Restricted funds are funds which sre to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes.
1.13 Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Trust8es are required to make judgements,
estimales and assumptions about the carrying amount of assels and liabilities that are nol readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimates are recognised in the period in which the estimate is revised, if the revision affects only that
period, or in the period of the revision and future periods if the revision affects both currenl and fiJlure
There are no e5timate5 and a55umptions which have a significant risk of Gausing a material adjustment to
Ihe carrying amounl of assels and liabilities.

1.14 Tangible fixed assets
Tangible fixed assets, such as land and buildings, plant, vehicles and equipment, are held to provide an
on-going economic benefit to a charity through their contribution, directly or indirectly. lo the provision of
goods
services
by
the
charity.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any
provision for impairment. Depreciation is provided at rates calculated to write off the wst or valualion of
fixed assets, less their e51imated residual value, over their expected useful lives on the following basis-
Short
Leasehold
over 10 years
Fixtures
and
1 OQ/o on cost
Fittings
Motor Vehicles 250/0 on cost
Cotllputer
Equipment
330/0 on cost
1.15 Stocks and work in progress
Stocks held for sale are mèasured at the lowèr cost or net realisable value.
1.16 Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement
amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured
at the cash or other conslderallon expected lo be recelved.
1.17 Cash Flow Exemptlon
These financial statements do not contain a cash flow statement because the charitable company, as a
small reporting entity, IS 8xempl from th8 requirement lo produce such a statement.
2. Income from Donations and Legacies
Rostrictod
Total funds
Total funds
Analysis
Unrestricted funds
income funds
2025
2024
Donation and
gifts
12,896
12,896
32,419
General granls
provided by
Governmenuother
Gharities
11,483
34,740
46,223
91,223
Total
24,379
34,740
59,119
123,642
In the prior year, donations of £Nil and grants of £91,223 represented restricted income.

3. Income from Charitable Activities
Analysis
Unrestricted funds
Total funds 2025
Total funds 2024
Sale of
Good
43,657
43,657
27,301
Sale of
service
311,168
311,168
203,206
Total
354,825
354.825
230,507
In the prior year, all income from charitable activities related to unreslricled funds.
4. Income from Investments
Analysis
Unrestricted funds
Total fund3 2025
Total funds 2024
Interest
income
1,089
1.089
Total
1,089
1,089
11
In the prior year, all inveslment income related to unrestricted funds.
5. Other Income
Analysis
Unrestricted funds
Total funds 2025
Total funds 2024
Other
4,837
4,837
7,060
Total
4,837
4,837
7,060
In the prior year, all other income related to unrestricted funds.

6. Expenditure on Charitable Activities
Reslricted income
Analysis
Unrestricted funds
Total funds 2025
Total funds 2024
funds
Interest
payable
94
236
330
Charity
running cost
13,641
410
14,051
14,408
Cost of
servic&s
143,730
14,957
158,687
87,429
Printing and
stationery
151
186
337
58
Wages &
Salaries
5,306
28,338
33,644
48,440
Social
Security
5,348
5,348
5,083
Pension
925
946
1,871
2,190
Motor
5,510
5,510
2,033
expens8s
Repairs &
Maintenance
12
42
13,264
Other
5,101
206
expenditure
5,307
2,763
Total
179,818
45,321
225,139
175,668
Support
Costs
163,282
4,651
167,933
152,046
343,100
49,972
393,072
327,714
In the prior year, expenditure of £93,869 related to restricted funds.

7. Support Costs
Total funds 2025
Total funds 2024
Analysis
Support Costs
Wages ar)d salaries
108,004
103,323
Printing and stationery
224
39
Charity Running Costs
17,758
9,859
Other expenditure
6,096
5,966
Bookkeeping
Bank charges
14,849
13,731
253
358
Motor expenses
3,673
1,355
Depr&ciation
13,605
11,808
Loan interest
904
Finance costs
1,121
1,153
Gov•rnanc• Costs
Independent examiners fees
2,350
3,550
167,933
152,046
8. Employee's Emoluments
8.1 Staff Costs
Th16 year
Last year
Salarles and wages
141,647
151,763
Social security costs
5,348
5.083
Pension costs (defined contribution schemol
1,871
1,088
Othor omployee benefits
Total staff costs
153.866
157,934
No employ8e8 r&c8ived employe8 ben8fits (8xcluding employer p8nsion costs) for th8 r8poriing p8riod
of mor8 than £60.000.
Key manag8ment compris8S the Director of Commercial and Sustainability and the Director of
Community and Young Peopl8 as well as the Trustees. Cumulative k8y manag8ment remuneration
during thè year amounted to £47,940 {2024: £56,055)
8.2 Average head count in the year
The average head count during the year and the preceding year is disclosed in Nole 17.

8.3 Ex-gratia payments to employees and others (excluding trustees)
There were no ex-gratia payments lo employees and others during the period.
8.4 Redundancy payments
There were no redundancy payments to employees and others during the period.

9. Tangible Fixed Assets
Motor Vehicles Fixtures & Fittings
Computer
Equipment
Short Leasehold
9.1 Cost or valuation
Al 01 April
2024
31,605
83,034
3,629
2,710
Additions
2,917
1,229
1,100
Disposals
Revaluations
Transfers
At 31 March
2025
34,522
84,263
4,729
2.710
9.2 Depreciation and impairments
At 01 April
2024
18,016
70,261
3,565
813
Charge for
the year
4,613
8,385
336
271
Disposals
Revaluations
Transfers
At 31 March
2025
22,629
78,646
3,901
1,084
9.3 Net book value
At01
April
2024
13,589
12,773
64
1,897
At31
March
11,893
5,617
828
1.626
2025

10. Debtors: Amounts falling due within one year
Total funds 2025
Total funds 2024
Prepayments & accrued income
3,705
14,138
Trade deblors
57,506
30,175
Other debtors
862
431
Total
62.073
44,744
11. Cash at bank and in hand
Total funds 2025
Total funds 2024
Cash at bank and in hand
83,255
49,052
Total
83.255
49,052
12. Credltors: Amounts falllng due wlthln one year
Total funds 2025
Totsl funds 2024
Bank loans and overdrafts
13,541
8,333
Trade creditors
22,319
4.649
VAT control
21,488
16,693
Accruals and deferred income
4,850
5,317
Taxation and social security
6,647
5,872
Other creditors
7,021
3,052
Total
75,864
43.916
13. Creditors: Amounts falling due after one year
Total fundg 2025
Total funds 2024
Bank loans and overdrafls
11,478
26,423
Other creditors
22.578
23,201
Total
34,056
49,624
Bank loans and overdrafts represent the long term element of a Boun￿ Back loan. The final repayment
is expected to be in May 2027.
Other creditors represent the long term element of an interesl-free loan to a third party. The loan amount
was £43,594 in January 2021 and is repayable over 25 years. The loan is unsecured and has been
discounted using an effective interest rate of 5 %.

14. Charity funds
14.1 Details of material funds held and movements during the CURRENT reporting
period

Fund
Fund
balances
Gains and
balances
Income Expenditure
Transfers
Fund names
brought
forward
losses
carried
fonNard
Unreslricted
funds
General Funds
(46,9561
385,130
343,100
3,752
(1,174)
Restricted
Income funds
Heathrow
Community
Trust
2,222
12,222)
London
Borough of
Hounslow
13,250
13,250
The Liebreich
Foundation
1,530
11,530)
Thriving
Communities
Fund
8,791
8,791
Royal
Horticulture
300
300
Society
Make London
DIG
Acton Garden
2,500
365
2,136
Spacehive
Crowd Funding
Groundwork
London
17,453
5,402
12,051
690
681
Clarion
Community
Investment
ovo
3,177
3,177
Global Action
Plan
Twyford Abbey
A-two-oominion
Group
Kew - Grow
5,000
5,000
1 ,000
1,000
Wild
2,000
2,000
Julia Rausing
Trust
10,000
10,000
Ealing
Pioneers.
42,355
42,355
Project
Tolal
28,579
419.870
393,072
55,377

14.2 Details of material funds held and movernents during the PREVIOUS reporting
period

Fund
Fund
balances
Gains and
balances
Income Expenditure
Transfers
Fund names
brought
forward
105ses
carried
fonNard
Unreslricted
funds
General Funds
(83.108)
269,997
233,845
{46,956)
Restricted
Income funds
Heathrow
Community
Trust
2,222
741
741
2,222
London
Borough of
Hounslow
8,036
8,105
16,141
Thriving
Communities
Fund
28,671
19,880
8,791
Royal
Horticulture
Society
Make London
DIG
1,501
1.501
12,298
12,296
Acton Garden
15,000
14,999
Spacehive
Crowd
Funding
Groundwork
London
10,000
7,453
17,453
238
681
919
Clarion
Community
Investment
3,822
3,819
ovo
25.000
21,823
3,177
Big Lottery
Award for All
850
850
London
Borough of
Ealing
The Liebreich
Foundation
900
900
1,530
1,530
Global Action
Plan
Ealing
Pioneers,
42,355
42,355
Proi
Total
14,927)
361,220
327,714
28,579
London Borough of Hounslow

Local authority grant awarded for helping community groups transform derelict or underused land ion
housing estales or linked parksl 5Ghools into community garden hubs.
Royal Horticulture Society
Awarded to fund basic materials in the creation of the community show garden at RHS Hampton Court
flowershow.
Acton Garden
Community chest grant for the purchase of a cargo bike to enable sustainable gardening and enc{￿rage
circular economy.
Groundwork London
Awarded to create calendar of walking and cycling events to showcase the local area - in conjunction with
TFL.
Twyford Abbey
Clarlon group community fund provided by the Twyford abbey development. The grant Is awarded to
support the running of the DIG garden in Hanwell and the Acton sile on Hanbury Road.
A2Dominion Group
Fund provided by Housingdeveloper Swarded for provlding a celebraiion of black hSstory at the Salop18n
gard8n including food, storytelling and local history.
Kew . Grow Wold
Awarded for enhancing th8 Slte on Hanbury Road to become richer in its appeal to wildlife alongside
growing on plants wilh the community via workshops in the area with the same aim.
Julla Rauslng Trust
Provided over 3 years to support the creation of a new rol8 of community director at Cultivate London.
Heathrow Community Trust
Award&d for the delivery of a structured short course in gardening sustainably aimed at young people
who find it difficult to engage in mainstream eduGg1ion.
Thriving Cornmunities Fund
This fund is intended to deliver cohesive, sustainable and resilient communities.
Make London DIG
Awarded as part of a crowdfunding campaign to kickstart the our conversion of the DIG site into a
Spacehive Crowd Funding

Campaign to raise money for a wood workshop and circular growing programme in Acton.
Clarion Community Investment
Awarded to deliver a programme of skills based gardening workshops within a park in Ealing in order to
help combal anti-social behaviour in the park.
OVO Global Action Plan
Awarded lo provide schools within Ealing guidance to create sustainable gardenl growing spaces and
also deliver educational sessions to the children to d8V8lop th8ir understanding of how to re-use waste to
benefit the environment wildlif8 and increase awar8n8ss of food growing.
The Liebreich Foundation
Donation to provide stsff with bikes to cycle to and from sites during Covid.
Global Actlon Plan
This was a national lottery fund awarded lo global action plan who spread the funds to local community
organisations in order to deliver online gardening workshops.
Big Lottéry Award for All
Awarded for creating acommunity celebralion to foster cohesion and integration
London Borough of Ealing
This r8pres8nled a digiial inclusion grant.
Eallng Ploneers Project
Funded by Ealing Council's Ealing Pioneers Fund, to set up a circular green waste recycling pllot
programme in Ealing.
Balance Sheet Funds Split
In the current year, tangible fixed assets of £2,135 and current assets of £54,416 are represented by
restricted funcjs. In the prior year, restricted funds were entirely represented by current assets.
14.3 Transfers between funds
This Year

Amount
Belween unrestricted and restricted funds
3,725
Between endowment and restricted funds
8etween endowment and unrestricted funds
Last Year
Amount
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds
The above includes a transfer of £2,222 and £1,530 from Heathrow Community Trust and The Liebreich
Foundation r88pectively. This do85 not repr8S8nl a transfer of funds in the legal lerm but a corr8Ction of a
misallocation of these monie3 in the years when the project3 were carried out.
14.4 Designated funds
The charlty did not have any designated funds during the current or previous period.
15. Transactions with trustees and related parties
15.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an
employment with their charity or a related enlity12024- none)
15.2 Trustees. expenses
No trustee expenses have been incurred (2024.. none)
15.3 Transaction(s) with related parties
There have been no related party transactions in the reporting period12024'. none>

16. Additional Disclosures
Prior Period Adjuslments
1. Correction of loan measurement
During the year, the charity identified that a long-lerm, interest-free loan from a third party had previously
been recognised at its nominal value rather than at amortised cost as required by FRS 102 Section 11
Basic Financial Instruments. The loan, which is repayable over an extended period, represents a
financing transaction and should therefore have been initially recognised at the present value of the
future cash flows, discounted at a market rate of interest, with the discount subsequently unwound
through the Statement of Financial Activities.
The IDan had previously been presented in the financial statements at 31 March 2024 and in the opening
balances at 1 April 2023 at its undiscounted nominal amount of £40,644. Following review. the loan
liability al 1 April 2023 has been recalculated al its amortised cost of £23,791 .91 . This has resulted in a
decrease in long-term creditors of £16,852.09 and a corresponding increase in opening reserves at that
date.
The comparative figures for the year ended 31 March 2024 have been restaled accordingly. This
adjustment affects only the presentation and measurement of the loan liability and has no impact on cash
flows.
Impact of the prior year adjustment
Adjustm e
nt
As
re.stated
prevlously
stated
Credltors falling due after more than 1 year (31 March 20231
Opening unrestricted funds at 1 April 2023
£40,644
£(16,852) £23,792
£16,852 £{81,997)
£198,84g}
2. Correction of deferred Income treatment
Deferred incom8 of £43,355 had been carried forward from 2022 and 2023 relating lo funding that, on
review, satisfi'ed the crileria for recognition as income in the year of receipt. Under FRS 102 and the
Charities SORP, income should only be deferred wherè the charity has not yet become entitled to the
resources. As ènlitlement had arisen in 2022, the deferral repr8s8nted an error.
Accordingly, the comparative figures and opening fund balances have been restated as follows.
Impact of the prior year adjustment
As
previously Adjustmenl
staled
As re-stated
Deferred income
£42,552
£142,552)
£42.552
£Nil
Opening restrided reserves at 1 April 2023
£35,826
£78,378
There is no impact on Ihe Statement of Financial Activities for 2023124 or 2024125.

17. Average Number of Employees
2025
2024
Directorsl Trustee5
Staff
Total
14
14
Average number of employees during this year ', 14 and last year: 14
This document was delivered using electronic communications and authenticated in accordance with the
registrar's rules relating to electronic form, authentication and manner of delivery under section 1072 of the
Companies Act 2006.