Company registration number.. 4682749 Charity registration number.. 1152966 Arkwright Meadows Community Gardens known as AMC Gardens (A company limited by guarantee) Annual Report and Fiiiancial Statemeiits for the Year Ended 31 March 2022 Cojnmunity Accounting Plus Units l & 2 North West 41 Talbot Street Nottin¥hatn NGI 5GL
Arkwright Meadows Community Gardens known as AMC Gardens Contents Reference and Administrative Details TNstses' Report 2to4 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Siatements 8 to 16
Arkwright Meadows Community Gardens known as AMC Gardens Referenee and Administrative Details Trustees Deidre Whitworth Robert Diamond Reiiate Hallet Christopher Pryke Hendy Hannah Bailey Gemma Hale, Chair Zoe Pallis. Treasurer Dorothy Trueman Steve Collins Secretary Senior M#n#gement Team S Collins, Administration & finance T Frankenburg, Community gardener R HemmingJ5, Community gardener S Rootham, Volunteer co-ordinator C Simpson. Activities ¢o-ordinator E Kirk00d, Funding A Belcher K D Pollitt R Sinith Charity Registration Number 115?966 Company Registration Number 4682749 Registered Offiee Kirkby Gardens The Meadows NOTTINGHAM NG? 2HZ Independent Examiner John O'Brien, employee of Cominunity Accountiiig Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
Arkwright Meadows Community Gardens known as AMC Gardens Trustees, Report The trustees, who are directors for the pury05es of company law, present the annual report together with the financial Statements of the charitable cotnpany for the year ended 31 March 2022. Trustees and officers The trustees and officers serving during the year and since the year end were as follom's.. TruSe$.. Deidre Whiiworth Robert Diamond Renate Hallet Christopher Pryke Hendy Hannah Bailey Gemma Hale, Chair (appointed 17 Novernber 2021) Zoe Pallis, Treasurer (appointed 17 November 2021) Dorothy Trueman Fiona Brierley (resigned 16 August 20?1) Vincent Wilson (resigned l August 2022) Secretary.. Steve Collins Structure, governance and management Nfjlure ufgoveriiin¥ doLumenl The charity is a compaiiy litnited by guarantee aiid registered charity. It 15 operated under the leS of its metnorandum and articles of a550ciation dated 281021?OOi and niost receiitly amended 2?10511J. It ha5 no Share capital and the liability of each member in the event of wiiiding-up i5 limited to £1. Recruilmenl appoinlmienl ollruslees Interested Trustees are invited to attend and observe a Trustees Meeting and then to meet the Admin Officer to be made aware of their duiies and responsibilites. They are then fomially accepted at a Trustees Meeting. Objeetives and aetivities Objects and The principal objects of the company are.. to advance education and training and relieve unemplowment. the relief of poverty, the promotioii of health aiid the provision of recreation and leisure facilitie5 in the iiiterests of social welfare, iii particiilar through the promotion of a horticultural project for the benefit of the inhabitant5 of The Meadow5, Nottingham. Page 2
Arkwright Meadows Community Gardens known as AMC Gardens Trustees, Report ObjectiveJ, JirulegieJ urtdurtlvilles Activities To develop the Gardens as a Community led food growing project. The Gardens run a variety of events and activities including vtsluiiteer ledrnin¥ sessions and lar¥e public events, it delivers Meadows based outreach work and provides educaiional opportunities for local schools and colleges. Achievements and performance The main achievemeni to the end of July 2021 was the successful compleiion of our four Jear Loiiery project. We successtullj applied for a further three year grant (Gro.1ng Well Togeiherl starting in November 20? l. The trustees agreed to fund the three month gap beiween the ending of the four year Lottery project and the commencemeni of the new three year one. Thanks Particular thanks go to the National Lottery Community Fund. Children in Need as well as Garfield WestL)n, the Co-operative Community Fund and in previous years, Severn Trent and Thomas Farr. Thank you for supporting our work. Public benefil We encouragye people to ¥row and eat healthier food and to take part in activities to improve their skills and to 'ork to¥ether. Meadows residents will have iinproved under5tandin¥. ¥reater interaction and social cohesion within thi5 diverse cominunity. Others including vulnerable and long term unemployed adults will acquire new skills, lantsible achieveinei)ts and improved prospects. Other socially isolated people will report reduced isolation leading to improved emotional. physical and mental well being. The trusiees confimi that they have complied with the requirements of section 17 of the Chariiies Act 2011 to have due regard to the public benefit guidance published by the Charit), Commission for England and Wales. Financial review At the end of March this year we were five months in to our new project 'Growing Well Togerhel. We have always been successful in raising the match funding necessary to obtain the Lottery Grant. Policy oil reserves Our policy is to retaill approximgtely 6 months revenue costs in reserves. This is reviewed annually. rlsks &rtdmundgemeni ofihose rlskg Financial risk The Inain risk is that w'e receive i)0 further grant funding folloNwing the end of the current Lottery funding. due to complete in Ociober 20?4. Page 3
Arkwrlght Meadow$ Cornmunitv Gardens known as A.tyIC Gardens Trustees. Report SttemeDt of Tr4st¢u' RespoD$lbUltles The tTUStecs (who arc a150 ihe dirccloT5 of Arkwri8hi M¢ath)w5 crnlty Gardcns for the purposcs or company lawl are responsible for pr•iring the trust5, rewyrt atyl the fitLan¢ial $lal¢menls in accordanc¢ with th¢ United Kingdom Arcouniing Srandards (L.niied Kin8iknm Lr¢n¢rally Acc¢pt¢d Arcouniing Pruciicel ar applicable law and Tegulhiions. The report and accrAmts hive been try4Y¥J in e0rdn¢t with the PToThi$ions in the Companies Act 2006 relating to Small companie5. Compafty law requires tF¢ trustces to prepare financial for each firtancial year. Undcr company law Ihe Irustees musi not approve lh¢ financial sthiements unless the)- are Miisfied thii they give A irue and fair view of the 5rate of affairs of the ehan"tsbl¢ company ¥nd of its in¢oming resour¢es and 8pplL¢ation of re50ur¢¢& ilUdIng its inc(xne and cxpeDdiffiJre. for thai p¢n(xl. In prepgring th¢5e fir1¢18151at¢ments. the tnJ51ees Jre Tequired io.. $ele(¢ suirAbl¢ a¢¢ountlD8 W)li¢ies and awly th¢m ¢onsi5t¢nty: obserye the metW$ Bnd priniipl¢s in the Charili SORP: make jud8¢m¢nt6 esiimatr5 Are r¢•sonAbk and staic wh¢th¢r applicabl¢ UK Accouniing Swdards have been foliowrf $ubje¢i to Any material departur¢s disclosed and explained in Ihe financial Maiemert¢s: and prepare the finBIJCLal ststem¢nts on the 80iDg concern knis unle$5 li 1$ inapproprijle to pmume thai the Charitable wnpAny will conttnu¢ in bu>in¢ss. The Irustee$ are r¢sp)nsible for k¢¢pins adeq1¢ Bcrountin8 f¢oTds that are suffi¢i¢nt 10 Show #nd explain th¢ ihthritable compny'$ tnn5actions ld disc105e wilh rr150nabEe •caJrncy ai iny time the financial FM)$i¢l7 of the ¥h8nthblc company 4nd ¢tkobl¢ Ihem ¢0 aLsur¢ th the fin0la1 stat¢mcnts cornply with the Companies Acl '(MJ6. The). arc 2150 r¢¥p)nsible for SafegudIng th¢ a55ets of th¢ ¢hari&ble company and henee fry thking reasonabl¢ $tep5 for ihe prefv¢ulioD and dei¢¢tion of fraud aTrJ otbcr irrryulAriiie¥. SmAll ¢omp*nleJ pro)'lslon slatemtnt 'rhi% rcport hds beert pr¥par¢d in dLLonJan¥¢ with the smoll ¢ompAniN re8¢ ulldEr the CompleS Ait 2¢Th. The almual report wths approY•J by the tru6tecs of the Chrity on 3 November 2022 and $i8ned on its bchaifby.. Ciemma Hul Trus1 Pay4
Arkwright Meadows Community Gardens known as AMC Gardens Independent Examiner's Report to the trustees of Arkwright Meadows Community Gardens IndepeThdent examiner's report to the trustees of Arkwright Meadows Community Gardens {'the Cornpany,) I ieport to the charity trustees on my exainination of the accounts of the company for the year ended 31 March 2022. Responsibilities and basis of report As the charity's trustees of the company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance lth the requirements of Ihe Companies Act 2006 {'the 2006 Aci,). Having satisfied m}'self that the accounts of the CoTnpany are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examiiiation of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act')- In carrving out my examination I have followed the directions given by the Charity ComTnission under section 145{5) (bl of the 2011 Act. INdepeThdent examiNer'5 5tstement I have completed my examination. I confim) that no matters have come to my attention in connection with the examination giving me cause to believe that in any Inaterial respect.. accounting records were not kept in respect of the Company as required by section 386 of the 9006 Act: or 2. the account5 do not accord with those records,. or the accounts do not comply wilh the accounting requiremenis of section 396 of the 2006 Act oiher than any requirement thai the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination: or 4. the accounts have not beeii prepared in accordance with the methods and principles of the Statement of Recoinmended Practice for accounting and reporting by chEitieS lapplicable to chEWitleS PTeparing their accounts in accordance ..ith the Fiiiancial Reporting Standard applicable iii the UK and Republic of Ireland (FRS 10?)]. I have iio concems and have come across no oiher Inaiters in connection iviih the examination 10 which atreniion should be drawn in this report in order io enable a proper undersianding of the accounis to be reached. Ji)hn OErien MSC. FCLA, FCIE, employee of Community A¢counting Plus F¢1]0. of the Association of Charity Ind¢pendeiit Examiners Units l & 2 North West 41 Talbot Street NottinghaTll NGI 5GL Date.. 1711112022 Page 5
Arkwright Meadows Community Gardens known as AMC Gardens Statement of Financial Activities for the Year Ended 31 March 2022 (Ineluding Income and Expenditure Aecount) Total 2022 Total 2021 Unrestricted Restricted Note Income Endowments from: Donations and legacies Chariiable activities 3,617 85,642 9.723 55,632 65,355 Total income 41,725 55.632 97,357 89,259 Expenditure on.. Charitable activities (45,235) (58,958) (104,1931 {112,010} Total expenditure (45,235) (58,958) (104,1931 (112.010} Net expenditure Transfers betw'een funds 13,510} 11,662 (3,326) (11,662) 16,836) (22,751 } Net movemei)t in funds 8,152 (14,988) (6,836} (22,751 } Reconeiliation of funds Total funds brought forward 185?68 21,662 206,9JO 229,681 Total funds catTied forward 15 193,420 6,674 Unrestrieted funds 200,094 Restricted funds 206,930 Total 2021 Note Income and Endoivments from: Donations and lebFacies Charitable activities 3,617 14.096 3,617 85,642 71,546 Total income 17,713 71,546 89,259 Expcnditure om: Charitable activities 62,126 49,884 112,0101 Total expelldimre (6? 126) (49,884) Net (expenditure)lin¢ome (44,413) 21,662 (2? 751) Net movement in funds (44,4 li) 21,662 (22,751) Reconciliation of funds Total funds brought fonvard 229,681 229,681 Total funds ¢arried forward 15 185.268 21,662 206,9iO All of (he charity's aeiiviiies derive from coiitinuing operaiions during the above two periods. The funds breakdown for the period is shom'n in note 15. The notes on pages 8 to 16 foTm ali iiitegrnl part of these financial statements. Page 6
Arkwright Meadows Community Gardens known aj Ahlc Gardens (RegtstrAtlots number: 4682749) Balance Sbeet as 1131 lIrth 2022 2022 2021 Flxed aistls Tan8ible a&sets 10 105227 116.919 Current Isse Debiori C45h ai bank and in hand 1.380 94.506 12 90.971 95,886 90.971 Crtdltors.. Amoynts flllng du¢ wlihln omt yeAr 13 1.019 9601 Yei ¢urreDt 94.867 90.011 et ss¢ts 2(M),094 2(I6.930 Funds of the ch•rlty: ReJtri¢ied irteon* fryAth R¢5ri¢ied funds 15 6.674 21,66 Lnr¢$trl¢t¢d ID¢•m¢ LnresiTicicd futlds 191,4?0 185,268 Tolgl fyAds 206 9.10 For the fLnanci41 year endin8 31 mUb ?022 the charit). vrns entiilcd to exemNion from audil under lort 477 ot the Companie5 Act ?006 relating to small ¢ompani Directors, respon&ibiliiies.' The members haN'e not requirtAJ thc thariry lo obthiti an a11[ of coUn for the year in ques¢ion aLconlance with scrtion 476,. WMI The dire¢iof5 •¢kJKiwl¢dge their respIbili11cS for ¢ompl)?n8 with the reqUirts of the A¢t with respect to acri)untI rxords •NI th¢ pr¢para¢ion of wynis. These financial sthtewits have been w¢p•r¢d in wryth the 5pceial pmvisM)ns relatin8 to compthies subje¢i to the small Comp1¢$ within Part 13 ofthe Cornpnits ACL ?(. Th¢ fan(la1 staiemthts on poge$ 6 to 16 were approved by the authwi5¢d for iSsu¢ on 3 ovembcr 2022 SI1¢d on their bebalf by.. 7.oe Pal TrusiL Th¢ Njtes OD pa8es 8 to 16 forni an inlegral part of thes¢ fJtt•n¢ial gtatyll. Pa¥e 7
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 Aeeounting polieies Sumrnary of significant accounting policie5 and key aceounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistenil}' applied to all Ihe jears presented, unless othen¥ise stated. Statement of eomplik)nee The financial statemeiits have been preparcd in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice {applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland {FRS 1021) {issued in October 2019) (Charities SORP IFRS 102)), thc Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Basis of preparation ArkwrigFht Meadoivs Cominuiiity Gardens meets the defiiiition of a public benefit entity under FRS 102. Assets and liabilitie5 are initially recognised at historical cost or transaction value unless otherwise stated in the relevant Rccounting policy notes. Going concern The finai)cial statemeiits have been prepared 011 a goiiig concem basis. The trusteeg assess whether the use of goii)g eoneen) is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt 01) the ability ol. the charity to eoi)tinue as a going concem. The trustees make this assegsment in respect of a period of one year In)m the date ol'approval of the financial gtaten)ents. Exemption from preparing a eash tIow Statement The charity opted to adopt Bulletin I published on 2 February 2016 and have therefore nLIt included a cash flow siatement in these financial statements. Income and endowment5 Voluntary income including donations, gifts, legacies and grants that prlivide core funding or are of a general nature is recognised when the charity has eniitlement to the income, li is probable thai the income M'ill be received and the amount can be measured with sufficient reliability. Donalifjn.s and legucie.s Donations are recognised when the charity ha5 beeji notifjed in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfonnance by the charity before the charity is entitled to the funds, the income is defetTed ai)d not recognised until either those conditions are fully TneL or the fulfilment of those coiiditions 15 wholly within the control of the charity ai)d it is probable that these conditions will be fulfilled in the reporting period. Page 8
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 Gruiits receivablÉ Griints recognised when the charity has an entitlement to the funds and any Ctsnditions linked to the grai)ts have beeli met. Where perfotmanLe Londitions dre attached to the grdnt and are yet to be met, the incoine is re¢tsgni5ed as a liability and included on the balance sheet as defeTred income to be released. Expenditure All expenditure is recognised once ihere is a legal or constructive obligarilin to that expenditure. ir is probable settlemeiit is required and the amount can be measured reliably. All costs are allocated io the applicable expendiiure heading that aggregate similar cosis 10 that category. Where costs cannot be directly artribuied to particular headings they have been allocaied on a basis consistent with the use of resources, M'ith central staff costs a]locad on ihe basis of time spent, and depreciation charges a]locad on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Churituhle acliviti Charitable expendIre comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support thein. Government grants Govertjment grants are recognised based oil the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified a5 relating either to revenue or to assets. Grants relatingF to revenue are reCoj5¢d in income over the period in which the related costs are reco¥ni5ed. Grant5 relating to assets are recogni5ed over the expected useful life of the asset. Where part of a grant relatin¥ to an asset is deferred. it 15 rectsgnised as deferred income. Taxalion The chaiity is considered to pass the tests set out in Paragraph I SLhedule 6 of the Finance Act 2010 and therefore it meets the defii)ition of a charitable coinpany for UK corporatioi) tax purposes. Accordingly. the Lharity is potentially exempt from taxation in respect of income or capital gains received within categories Lowered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxatitsn of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500 or more are initially recorded at cosL less any subsequent accumulated depreciation and subsequent accumulated impairment losses. DepreciutioTh #nd #mvrtisation Depreciation is calculated to write down the cost or valuation, less estimated residual value, of all tangible fixed assets with a cost eY¢eeding £500 over their expected usefiil lives on 8 straight line basis. Asset cla55 Land & buildings Furniture & equipmeni Computer equipment Depreeiation rnethod and rate Variable 20.0/0 Page 9
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary coiirse of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impaimient. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tern]5 of the receivables. Cash and cash equivalents Cash and cash equivalents coinpri5e cash on hand and call dep05lts, and other 5hort-teTm highly liquid investments that are readily convertible to a known atnount of cash and are Subject to an iiisignificant risk of chan¥e in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion ii) furtherance of the objectives of the charity. Restricted inclime funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The Charity operates a defined contribution pension scheme for employees. The asseis of the scheme are held separately from those ofthe charity. Pension cosis charges in the Statement of Financial Activities represent the Contributions payable b}, the charity during the year. 2 Incorne from donations and legacies Unrestricted fund5 Total 2021 Gentral 2022 Donations and legacies. Donations from companies: trusts and similar proceeds Donations from individuals Grants= Government grants Grants from other charities 9,964 534 9,964 534 2,004 ,513 100 21,504 21,504 32,(102 32,002 3,617 Page 10
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 3 Income from eharitable activities Unrestrtcted funds General Restricted fund5 Total 2022 Total 2021 Events & a¢tivities Fees & room hire Sales Grants & donations 735 2,188 6,800 735 2,188 6,800 8,124 5,967 71,546 55,632 9,723 55,632 65,355 85,642 4 Grants & donations Unrestricted runds Restrieted funds Total National Lottery Community Fund Children in Need Garfield Weston Wheatcroft Co-operative Sundry grants & donations 45,6i2 i 0,000 45,632 i 0,000 20,000 9,964 1,343 695 20,(X)O 9,964 1,343 695 32,002 55,632 87,634 Page 11
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 5 Expenditure on eharitable activities Unrestrtcted funds General Restricted fund5 Total 2022 Total 2021 Activities Broadband & line rental Building costs Depreciation Waste disposal Gardeiiing Independent Examination liisurance i17 129 910 11,692 1,305 295 60 1,622 424 970 11,692 483 426 484 372 368 420 225 748 97i 1,640 990 990 185 185 1,010 437 IT & 'ebSite Legal & professional Payroll fees Postage Publication5 & subscTiPtions Recruitment Site Stationery & CL)pying Training & conference Travel & subsistence 716 569 1,285 960 187 735 922 955 54 129 2,453 285 78 126 129 1,536 26 29 917 259 49 9,498 294 432 254 i16 810 1,064 487 1,729 409 Volunteers expense5 Wages, Nl & pension Depreciation Catering costs Equipment Fui)draising 28,077 50,538 78,615 78,408 11,692 190 446 76 401 497 50 847 573 50 2,4i9 45.235 58,958 104,193 112,010 Page 12
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 6 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No irusiees have received any reimbursed expenses or any other benefiis from ihe chariry during (he year. 7 Staff costs The aggregate payroll costs were as follL)WS'. 2022 2021 Staff costs during the year were: Wages and salaries Pension costs 76,147 2,468 76,186 2.222 78,615 78,408 The monthly average number L)f persons (including senior management team) employed by the charity during the year was as follo1S.. 2022 No 2021 No Average weekly number of of employees 312021 4) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalled £2,468 (2021- £2,222). No employee received emoluments of more thgn £60,000 diiring the yew. The total employee benefits of the key management personnel of the charity were £70,7i4 {2021- £58,729). 8 Fees payable to independent examiner During the period, the fees payable (excluding VAD to the charity's independent examiner Community Accounting Plus are analysed as follows.. 2022 2021 Independent examii)ation Other financial 5etTrice5 825 792 800 796 1.617 1.596 Page 13
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 9 Taxation The charity is a registered charity and is therefore exempt from taxation. 10 Tangible fixed assets Land and buildiDg5 Furniture and equipment Computer equipment Total C051 At l April 2021 242,975 3,915 587 247,477 At 31 March 2022 242,975 3,915 587 247,477 Depreciation At l April 2021 Charge for the year 126,056 11,692 3,915 587 130,558 11.692 At 31 March 2022 137,748 3,915 587 142.250 Net book value At 31 March 2022 105,227 105,227 At 31 March 2021 116,919 116,919 l Debtors 2022 2021 Trade debtors Prepayments 259 1,380 12 Cash and cash equivalents 2022 2021 Cash on hand Cash at bank 136 90,835 94,502 94,506 90,971 13 Creditor5: amounts falling due withiTh one year 2022 2021 Other creditors 1,019 960 Page 14
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 14 Charitv status The charity is a company limited by guarantee and consequently does not have share capital. Each of the tn15tee5 is liable to contribute ali amount not exceedin¥ £1 towards the assets of the charity in the event of liquidation. 15 Funds Balance at 31 March 2022 Balance at I April 2021 IncomiThg resources Re50uree5 expended Tran5fer5 Unrestricted funds Generol General 185,268 41,725 145.2351 11,662 193,420 Restricted funds Kids Club Growillg partners Covid Recovery Fund Salaries {BoLIts Charitable Trusi) 10,000 45,632 (i,i26) 145,632) 6,674 11,662 (11,6621 10.000 110.000) Total restrieted funds 21,662 55.632 158,958) 111,6621 6,674 Total funds 206,930 97,357 (104,193 200,094 The specific purposes for which the funds are to be applied are as fLIIIows'. Salaries.. Boots Charitable Trust donates a contribiition towards Ihe cost of sglaries. Kids Club; provides afternoon gardening and social aciiviiies for local children. Growing Partners.. builds partnership M'orking ][hill the local community. Covid Recovery Fund.. enables the Gardens to adapt to working through the pandemic and maintain services in the future. The transfer fn)m the Covid Recovery Fund to the General fund has come about because these funds shouldnt have beei) treated as restricted last year. Page 15
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2022 Balance at I April 2020 Incoming resources Resource5 expended Balance at 31 March 2021 Unrestricted funds General General 229,681 17,713 (6? 126) 185,?68 Restricted Kidsclub Growing partners Covid Recovery Fund Salarie5 {Boots Charitable Trust) 3,000 46,570 11.976 i o,(x)o (3,000) (46,570) (314) 11,662 i 0,000 Total restricted fund5 71,546 (49,884) 21,662 Total funds 229.681 89.259 {112,010} 206,9iO 16 Analysis of net assets between funds Unrestricted 2022 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 105,227 88.22? 129) 105,297 95,886 7.664 1990} Total net asset5 193,420 6,674 200,094 Unrestricted 2021 Total funds General Restricted Tangible fixed assets Current assets Cutrent liabilities 116,919 68,349 116,919 90,971 {9601 22,622 1960} Total net assets 185,268 21,662 206,930 17 Related party transactions There were no related party transactions in the year. Page 16