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 2023 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 Robert Diamond, Chair Wendy Whiley, Vice Chair Zo¢ Pallis, Treasurer Renate Hallet Christopher Pryke Hendy Hannah Bailey Amy Phipps Karen Wamer Secretary Steve Collit]s Senior M#n#gement Team S Collins, Administration & finance E Armor, Community gardener S Rootham, Volunteer co-ordinator C Simpsoii, Activities co-ordinator E Kirkm'ood, Funding & admin, also Play worker R Sinith S Mcclaughlin, Play leader Charity Registration Number 1152966 Company Registration Number 4682749 Registered orrice Kirkby Ciard¢ns Thc Mcadows NOTTINGHAM NG2 2HZ INdepeThdent Examiner John O'Brien. employee of Community Accounting Plus Units l & 2 Nortl) West 41 Talbot Street Noitingham 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 202i. Trustees and officers The trustees and officers serving during the year and since the year end were as follom's.. Trustees.. Robert Diamond. Chair Wendy Whiley. Vice Chair {appointed 16 May 20231 Zoe Palli5, Treasurer Renate Hallet Christopher Pryke Hendy Hannah Bailey Gemma Hale (resigned 17 October 2023) Vincent Wilson (resigned l August 202?) Amy Phipps (appointed 21 Septetnber 20221 Karen Wamer (appointed 21 September 2022) Secretary.. Steve Collins Structure, governance and management Nalure 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?105113. It ha5 no Share capital and the liability of each member in the event of wiiiding-up is limited to £1. Recruilmenl appoinlmienl ollruslees Trustees are usually recruited from our pool of local volunteers. Interested Trustees are invited to attend and observe a Trustees Meeting and then to meet the Admin Officer to be made aware of rheir duties and responsibilities. They arc then fonnall}' accepted at oiir Annual General Meeting. Objeetives and aetivities Objects ftims The principal objects of the companv are.. to advance education and training and relieve unemployment. the relief of poverty, the promotioii of health aiid the provision of recreation and leisure facilitie5 in the interest5 of social welfare, in particular through the promotion of a horticultural project for the benefit of the inhabitant5 of The Meadow5, Nottiiigham. Page 2
Arkwright Meadows Community Gardens known as AMC Gardens Trustees, Report ObjectiveJ, 51rulegieJ urtdurtlvilles Activities To develop the Gardens as a ¢ommui)ity led food growing project. The Gardens run a variety of events and activitits IllLludin¥ voluiiteer ledlllill¥ sessions and lar¥e public events, it delivers Meadows based outreach work and provides educaiional opportunities for local schools and colleges. Achievements and p¢rforman¢e In addiiioii to the outcomes and activiiies funded through ihe BIG Lottery grani the Gardens coniinues to remain open io the public for ihe sale of fresh fruit and vegeiables as well as the iiicreasing number of plant sales. The large events and some of our smaller aciivities and workshops, especially those during the winter season like wreath making reinain very Plipular. Room bookings and sile hire have increased with niore aM building sessions from Experian and Nlittingham Trent University. Our Kids Club on a Thursday afternolill Cliniinues to be successful with all places available currently being taken up. We delivered 6 neighbourly planting sessions within the Meadows area as well as providing 7 volunteer sessions a week. We also ran a number of general health based sessions that included Yogi outdoor exercise and healthy eating, particularly valued by our high need users ere the Cook and Eat sessions. Once again it has been a veri, si1¢ces%l year for the Ciardens which are IioM' in their 19th }'¢ar. To help lis in achieving this suc¢ess we QUId like to thank all our volunteers includin£ our volllnteers. We would also lik¢ to thank the BIG Lottery. for the ¢ontinuation fundin£ of the 'Growing Partners, projert, Children in Need for th¢ nding of our Kids Club as well as additional grants from th¢ Fr¢emasons, the J N D¢rbyshire Trust and th¢ Thomas Farr Fund. Publle beneJ71 We provide a unique inner city space for health, edutation, activity, recreation and training: we encourage people to grow and eat healthier food and to take part iii activities to improve their skills and to work iogether. Meadows residents will have improved understanding, greater interaction and social cohesion within this diverse community. Oihers including vulnerable and long term unemployed adults will acquire new skills, tangible achievements and improved prospects. Other socially isolated people will report reduced isolation leading to improved emotional, physical and mental well being. The trustees confirn) that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Financial revie The financial position of the Gardens remains healthy and all expenditure is within the budget forecasts. The 'Growing Well Together, Lottery fiinded project ends on 3111012094 and the Trustees are aware that there needs to be sufficieni in reserves to sustain the Gardens in Ihe event of there being no furrher successful funding bids. Poliry on re5erve.s Our policy is to retain approximately 6 moiiths revenue costs in reserves. This is reviewed ai)nually. Page 3
Arkwright Meadows Community Gardens known as AMC Gardens Trustees, Report MAjor risk.s andm&nqgemehi ofiho$e ri.sks Fiiiancial ii.Fk There are no apparent risks in the short temi. the most significant risk in the future being to secur¢ additional grant funding beyund Nvveinber 2024. Staternent ofTrustees' Re$ponslbllltle$ The irusiecs (who are a150 the directOT5 of Arkwright Meadows Community Gardens for the purposes ¢)f company lawl are rcsponsiblc for prcparing the trusiccs. reporr and thc fit)ancial slat¢ments in a¢cordan¢e with applL¢abl¢ law and United Kingdom Accountino Standards (Unired Kingdom G¢n¢rally A¢¢¢pted Accounting Practice). includillg FRS 102 "The Financial Reporting Standard applicable in ihe UK and Republic of Ireland" The report and accounis have been prepared in accordance with the pmvisions in the Companies Aci 2006 relating 10 small Companies. Company law require5 thc ITuslees to prepaT¢ financial statements for each financial ycar. Under company law the ITu4iee% must noi approi'e thc financial statemcnts unless they are satisfied that they give a truc and fair view of thc state of affairs of the charitable Company and of thc incoming resources and applicaiion of resourc¢s. InLlu(ling irs incotne and cxpendilure, vf the Lhariiable company for thai period. In preparing these finanLial Statements, Ihc tnjstees are required to.. seleci suilablc accounting policies and apply thn consistently: observe the Meth1$ and principles in the ChaTltie5 SORP: make judgements and estimates thai are reasonable and pnjdent.. staic wheth¢r appli¢ablc aLcounlingp standaTds. LOlMpri&in¥ FRS 102 have be¢n followed, subject to any prcp<1rc thc financial sralcmcnts on the goiiig ¢onceTn basis unless It is inappropriat¢ io presume that the charitiible ¢ompany will continue in business. The trusiecs arc responsible foT keeping proper accounting records ihai can disclose with Tcasonablc accuracy at any ¢im¢ Ihc fjnancial position of Ihc ilianiable company and cnablc them to cnsurc that the fiiiancial 51alements coinply with lh¢ Companies Aci 2006. They are a150 re%pon51bl¢ fvr safeguarding the asseL% of the Lharilable Company and hence for taking r¢asonable steps for the preventiun dnd detection (>f fraud and oih¢r irr¢¥ularities. Small cornpanit$ provision stalemenl This report has been prepared in accordance with the small Companies resime under the Companies Act 2(K)6. The dnn epori was approv y tliwlruste¢s of Ihe Lhariiy on 4 December 2023 and signed on its behalf by.. Robcrt Diamond Trusice Page 4
Arkwright Meadows Community Gardens known as AMC Gardens Independent Examiner's Report to the trustees of Arkwright Meadows Community Gardens ('the Company'} IndepeThdent exatniner'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 2023. Responsibilities and basis of report As the charity's trustees of the Compaiiy land a150 Its directors for the PUTPts5es of compaiiy law) you are iesponsible for the preparation of the dccounts in accordance with the requirements Of the Companies Act 2006 {'the 2006 Act.). Having satisfied myself that the accounts of ihe Company are noi required ro be audited under Part 16 of the 2006 Act and are eligible for independent examinaiion, I report in respect of my examination of your charity's accounts as carried oui under seciioii 145 of the Charities Act 2011 ('the 2011 Act.). In earrying out my examination I have followed ihe Direciions given by the Chariiy Commission under section 145(5)(b) of the 2011 Act. Independent examiner's ststement I have completed my examination. I confjnn that no matters have come to my attention in connection with the examination giving me cause to believe Ihai in any material respect.. accouiiting records 'ere not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records.. or 3. Ibe accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any r¢quirement that the accounts give a 'true and fail view which is not a matter ¢onsidered as part of an independent examiiiation. or 4. the accounts have not been prepared in accordance with the method5 and principle5 of the Statement of Recommended Practice for accounting and reportiiig by charities lapplicable to charities prepariiig their accounts ii) accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)] I have no concems and have come across no other matters in conneciion with the examination to which attentilin should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Johii O'Brien MSC, FAIA, FLCA, FCIE, employee of Coinmunity Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Noitingham NGI 5GL Date.. 1511212023 Page 5
Arkwright Meadows Community Gardens known as AMC Gardens Statement of Financial Activities for the Year Ended 31 March 2023 (Ineluding Income and Expenditure Aecount) Total 2023 Total 2022 Unrestricted Restricted Note Income Endowments from: Donations and legacies Chariiable activities 15,306 10,662 15,306 90,378 79,716 65,355 Total income 25,968 79.716 105,684 97,357 Expenditure on.. Charitable activities (81,554) (46,014) (127,5681 {104,193} Total expenditure (81,554) (46,014) (127,5681 (104.193} Net (expenditure)lincome Net movemeiii in funds (55,586) i3,702 (21,884} 16.8J6} (55,586) 33,702 (21,884) 16,836} R¢¢on¢iliation of funds Total funds brought forward 193.420 6.674 200,094 206,9iO Total funds carried forward 16 li7,834 40.376 Unrestrieted funds 178,?10 Restricted funds 200,094 Total 2022 Note Income and Endoivments from: Doiidtions aiid legacies Charitable activities 32.002 9,723 32,002 65,355 55,632 Total income 41,725 55,632 97,357 Expenditure on: Charitable activities (45,?35) (58,958) {104,193) Total eXpendire (45,235) (58,958) (104,193) Net expei)diture Transfers between funds (3,510) 11,662 lJ,326} (11,662 {6,836} Net movement in funds 8,152 (14,988) 16,836) Reconciliation of funds Total funds brought fonvard 185,268 21,662 206,930 Total funds ¢arried forward 16 193.420 6,674 200,094 All of the charity's aeiiviiies derive from coiitinuing operations during the above two periods. The funds breakdown for the period is shom'n in note 16. The notes on pages 8 to 16 foTn) ali iiitegrnl part of these financial statements. Page 6
Arkwright Lmeadows Community Gardens known as AMC Gardens (Registration number: 4682749) Balance Sheet as at 31 March 2023 21123 2022 Note Fixed %LS5ets Tangible asscls 12 93.535 105.227 Current assets Debrors Cash ai bank and in hand 13 14 3,606 82,430 1,380 94,506 86,036 95.886 Creditors: Amollnt5 falling due M'ithin (bne >ear 1,019) Net eurrent assets 84,675 94.867 Net a5set5 178,210 200,094 Fund$ of tht ch&rlry: Restricted income funds Restricted funds 16 40,376 6,674 Unre$trict¢d income fuDds Uiirc5tricied funds 137.834 193,420 Total funds 16 178.210 200,094 For tlil fijiancial year cnding i l March 202.1 th¢ Chariiy was ¢niiiled to excmptioii from audit under section 477 of Ihc Companie% Act 2006 rclaling io sinall companies. Directors, responsibilities.. The men)bers have not required the charity to obtain an audit of its accounts for the year in question in 2¢cordance with section 476., aDd The directors acknowlcdue their responsibilities for complying with the requirements of the Act wilh respecr to ac¢ounting records and ihc prcpaTation of accounts. These financial statements hav¢ bccn prcparcd in aecordance with the special provisions relating to companic$ subject to the small companies regime w'itliin Part 15 of the Companies Act 2006. Tli¢ fina Deccm %latemcJils on p 023 and signcd thciT be to 16 were appToved by Ihe Irvsiees. ond authorised for issue on 4 alf by.. Robert Diamond Trustee Tlie noles on page5 8 10 16 forn) an iniegral part ofiliesc financial statements. Page 7
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Accounting 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 otherwise 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 Fiiian¢ial Reporting Standard applicabl¢ in th¢ UK and Republic of Ireland {FRS 102) and the Companies Act 20()6. 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 opd to early adopi Bulleiin I published on 2 February 2016 and have therefore not included a cash flow statement in these financial siatements. 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 et]titled to the funds, the income is deferred 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 Thill 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 2023 Gruiits receivablÉ Griints recognised when the charity has an entitlement to the funds and any ctsnditions linked to the grdi)ts have beeli met. Where ptrfotmanLe Londitions dre attached to the grdnt and are yet to be met, the income is rectsgni5ed 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. it is probable setilemeiit is required and the amount can be measured reliably. All costs are allocated io the applicable expendiiure heading that aggregate similar cosis to that category. Where costs cannot be directly artribuied to particular headings they have been allocated on a basis consistent with the use of resources, w'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 arlivities 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. Taxation The charity is considered to pa55 the test5 Set out iii Paragraph I Schedule 6 of the Finance Act 2010 and therefore it tneets the definition of a charitable company for UK corporation tax purposes. Accordinglv. the charity is poteiitially exempt from taxation in respect of income or capital gains received within categTorie5 covered by Chapter 3 Part I l of the CoTporation Tax Act 2010 or Section 256 of the Taxation of Char¥eable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assels Individual fixed assets costing £500 or n)ore are initially recorded at COSL less any subsequent accumulated depreciaiioi) and subsequent accumulated impaimient losses. DepreciatioTh and amortlsation Depreciation is calculated to Mrite down the cost or valuation, less estimated residual value, of all tangible fixed asseis M'ith a cost exceeding £500 over their expected useful lives on a straight line basis. Asset £la5S Land & buildings Furniture & equipinent Computer equiprnent Depreciation m¢¢hod and rate Variable 20.00/0 33.3 % Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary coiirse of business. Trade debtors are recog511ised initially at the transaction price. They are 5ub5equently measured at amortised cost usiiig the effective interest method, less provision for impaim]ent. A provi5ioiI for the impaim]ent of trade debtors is established w'hen there is objective evidence that the charity will i)ot be able to collect all amounts due according to the original tems of the receivables. Page 9
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Cash and eash equivalents Cash and cash eqllivalents comprise cash on hand and call deposlts, and other short-terni highly liquid investinents that are readily convertible to a knoll amount of cash and ar¢ subject to an insignificaiit risk of change in value. Fund strueture Unrcstrictcd income funds are general ndS that are available for use at the trustees, discretion in furtherance of the objectives of the charity- Restricted income I'unds are those grants for use in a particular area or for specific purposes. the use of which is restricted to that area or purpose. PensLOIIS and other post retirement obligation5 The charity operates a defined contribution pension scheme for employees. The assets ol. the scheme are held separately from those of the charity. Pension costs charges in the Siatement of Financial Activities represent the contributions payable by the charity during the year. 2 Incorne from donat10115 and legacies Unre51ricted funds Total 2023 Total 2022 General Donations and legacies; Donations from CL)mpanies. Irusts and similar proceeds Donations from iiidividuals Grants-. Grants from other charities 11,500 3,806 11,500 3,806 9,964 534 21,504 15.306 15,306 32,002 3 Income from eharitable aetivities Unrestricted fund5 General Restricted fund5 Total 2023 Total 2022 Events & activities 1,082 4,711 4,869 1,082 4,711 4,869 79,716 735 2,188 6,800 55.6i2 Fees & room hire Sales Grants & donations 79,716 10,662 79,716 90,378 65,355 Page 10
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 4 Grants & donations Unrestricted fund5 Restricted funds Total National Lottery Commuiiity Fund Children iii Need 69,?16 10,500 69,216 10,500 6,000 3,000 2,500 3,806 Freemasons Thomas Farr J N Derbyshire Sui)dry grants & donations 6,000 3,000 2,500 3.806 15,306 79,716 95,022 5 Trustees remuneration and expenses No trustees. i)or any persons coni)eLted with them, have received ai)y remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits frlim the charity during the year. 6 Fees payable to independent examiner During the period, the fees payable (excluding VAT) to the charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Independent examination Other financial services 865 949 825 792 1,814 1,617 7 Taxation The charity is a registered chgrity and is therefore exempt from taxgtion. 8 Charity status The charity is a conipany 1]ited by guarantee and consequently does not have share capital. Each of the tStee5 is liable to contribute at] amount not exceeding £1 towards the asset5 of the charity iii the event of liquidation. Page 11
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 9 Expenditure on eharitable activities Unrestrtcted funds General Restricted fund5 Total 2023 Total 2022 Activities Broadband & line rental Engagement Buildii)g costs Depreciatioii Waste disposal Gardening 'undraising costs Independent Examination Insurance IT & website Suiidry expei)ses Legal & professional Payroll fees Postsge Publications & subscriptions Recruitment Shop Site Stationery & copying Training & conference Travel & subsisience 4,482 722 395 4,482 741 395 1,622 424 19 970 11,692 48i 11.692 11,692 546 546 1.890 1,890 106 97i 106 990 1,197 1,632 224 1,645 2,129 1,197 1,632 224 1,645 2,129 185 1,285 922 30 30 54 129 47 47 643 5,768 22 6,411 22 2,45i 285 134 134 78 1,796 1,355 20.404 678 806 1,796 1,541 89,363 1,064 487 78,615 847 57i 50 Volunteers expenses Watses. Nl & pension Catering costs Equipmcnt Fundraising 186 68.959 55 806 81,554 46,014 127,568 104,19i Page 12
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 10 Net incomingloutgoing resources Net outgoing resources for the year include.. 2023 2022 Depreciation of fixed assets 11,692 11,692 I I Staff costs The aggregate paj'roll costs were as follows.. 2023 2022 Staff costs during the year were: Wa¥es and salaries Pension costs 87,2i2 2,131 76,147 89,363 78,615 The monthlj. average number of per50n5 (including senior manageineiit team) ettjployed by the charity durin the year was as follows.. 2023 2022 Average weekly number of of employees 10 412022- 3) of ihe above employees participated in Ihe Defined Contribution Pension Schemes. Contributions to the employee pension schemes flir the year totalled £2,131 (2022 - £2,468). No employee received emoluments of more than £60,000 during the year. The total employee benefits of th¢ key management personnel of the chgrity were £84,58812022- £70,734). Page 13
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 12 Tangible fixed assets Land and buildings Furniture and equipment Computer equipment Total Cost At l April 2022 242,975 3,915 587 247.477 At 31 March 2023 242,975 3,915 587 ?47,477 Depreciation At l April 2022 Charge flir the year At 31 March 2023 137,748 11,692 3,915 587 142,250 11,692 149,440 3.915 587 153,942 Net book value At i l March 2023 93,535 93,535 At i l March 2022 105,?27 105,227 13 Debtors 2023 2022 Trade debtors Prepayinents 2,358 1,248 259 3.606 1,380 14 Cash and eash equivalents 2023 2022 Cash on hand Cash at bank 44 82,386 94,50? 82,430 94,506 15 Creditor5: amounts falling due within one year 2023 2022 Other creditors 1,361 ,019 Page 14
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 16 Funds Balance at I April 2022 Incoming resources Resource5 expended Balance at 31 March 2023 Unrestricted funds General General 193,420 25,968 (81,554) 137,834 Restricted funds Kids Club Growing partners 6,674 10,500 69,216 (17,174) (28,840) 40,376 Total restrieted funds 6.674 79,716 (46,014) 40,376 Total funds 200,094 105,684 {127,568) 178,210 The specific purposes for which the funds are to be applied are as fLIIIows'. Kids Club.. Funded by Children in need, provides aftemoon gardening and social activities for local children. Growing Partners.. Funded by the National lottery, builds partnership working within the local community. And last year there were also the following funds.. Covid Recovery Fund.. enabled the Gardens to adapt to working through Ihe pandemic and maintain services in the future. Salaries.. Boots Charitable Trust donated a contribution towards th¢ cost of salaries. Balanc¢ 8¢ 31 March 2022 Balance al I April 2021 Incoming resources Resources expended Transfer5 Unrestrieted funds Gener{ General 185,268 41,725 145,235) 1,662 193,420 Restrieted Kids Club Growing partners Covid Recovery Fund Salaries {Boots Charitable Trust) 10.000 45.632 (3.326) 145.632) 6,674 11,662 (11.6621 10,000 110,000) Total restricted fund5 21,662 55,632 158,958) 111.6621 6,674 Total funds 206,930 97.357 (104.19i) 200,094 Page 15
Arkwright Meadows Community Gardens known as AMC Gardens Notes to the Financial Statements for the Year Ended 31 Mareh 2023 17 Analvsis of net assets between funds Unrestricted 2023 Total funds General Restricted Tangible fixed assets Current assets Currei)t liabilities 93,535 44,299 93,535 86,036 41,737 Total net assets l i7,834 40,376 178,?10 Unrestricted 2022 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 105,227 88,222 129) 105,?27 95,886 7,664 (990} Total net assets 193,420 6,674 200,094 18 Related party transaetions There were no relaied parry transactions in the year. Page 16