ABILITY FarmAbiltty Ifomierty Farm Inspir*•on Tnstl A Charitsble Incorporated Organlsatlon Re8lstered Charlty No. 1153282 UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENT vh¥w.farrnabilit .or
FarmAblllty Tru5tees' Report and Financial Statemenis October 2021- September 2022 CONTENTS Reference and administrative deta,ls of the charity, its trustees and advisers Trustees, report Independent examinerfs report li Statement of financial activitie5 12 Balance Sheet 13 Notes to the financial statements 14
FarrnAbility 40,t and Financial StaterTtents October 2021- September 2022 REFERENCE AND ADMINISTAATIVE DETAILS OF niE TRUST. Trs TAUSTÉES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2022 Trustee5 Mr R Brooks Mr L Coupland (from 26 April 20221 Mr W Gale (Treasurer) M5 S Geor8e126 April to 15 October 20221 Dr J Samuel Dr W Tindsley (to 19 October 20211 M5 R Warn (Chair of Trusteesl Charlty Name: On 3 March 2021 the Charity changed its name from Farm Inspiration Trust to FarmAbllity Charlty reglstered Number 1153282 Prolp41 & Registered offlc• l Abbey Street Eynsham Oxfordshire OX29 4T8 Senlor Mana8emenl Team Ms Coralie Hopwood, Chlef Executive (from January 20221 Ms S Williams. Director (to December 20211 Mr Olek Salmanowicz, Programme Manager Mr W Gale. Treasurer Independent Examlners Crltchleys Audit LLP 8eaver House 23-38 Hythe Bridge Street Oxford OXI 2EP
FamiAbllity Trustees, Report and Financial Slatements Ociober 2021- September 2022 TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022 The Trustees present their annual report together with the financial statements of FarmAbility for the year ended 30 September 2022. OBJEcfivES AND AcrivmES Objects and Alms The objects of the Charity. as set out in Its Constitution. are= 'The advancement of education apd the relief of those in need. by reason of youth, age, ill-health, disability, financial hardship or other disadvantage through learninE about the practical experience of familn8, the countryside and interaction with anima15 and the natural environmenv. Activlties for Achieving Objertlves FarmAbility's vision is of an inclusive society where people with disabilities lead fulfilling INes by taking active roles in their community. Our mlsslon is to Ènable people with learnln8 disabilitie5, manv also with autism. to develop skills 3nil competencie5 for purposeful living and occupations, through participation in programmes on farms and in outdoor productive spaces. People with learning dlsabilitie5 and autism face multlple barriers to leading fulfilling lives; FarmAbilily is committed to improving the quality of lives throu8h access to meaningful activities. Our particular focus is on people with moderate to severe learning disabilities, often a150 With autism, who face the most Sl8nificant barriers to community inclusion, and who experience the lowest levels of employment in the UK workforce. This group of people 15 SU5ceptible to experiencing health inequalities, sotial exclusion. mental illness and povertv. Jp Of the multiple barriers faced by people with disabilities. at FarniAbility we are best placed to tackle the barrier they face to finding a re8ular. meaningful occupation. with all the benefit to physical health, mental well-being that having an occupation brings. This is because our experience and skills afe in using outdoor spaces and work environments to generate a r3n8e of purposeful activities that can engage people with differSn8 abilities and needs in the way that many Indoor environment5 cannot do. We want to increase the opportunities for meaningful occupation open to people with learning disabilities and autism, and to increase their capacity to take up those opportunitres. We also want to encourage local employers to offer opw)rtunities in the workplace, as this is where many people will find progression. If we can positively impart in these three aa5, we should see progress towards our intended outcome. Our primary role is to use purposeful. outdoor programmes as a means to increasin8 skills and conlidence, building u5efvl experience, and enabling progression. Over the past 9 years we have learned that our programme model (small group work. applying Occupational Therapy theofies and practice and using an enabling approach to support) can encourage significant and positive change in the degree to which someone can successfully engage in a range of activities. Those who attend FarrnAbility are called "co- farmers"
FarmAblllty 4P0rt and Financial Statements October 2021- september 2022 Our secondary role is to work beyond the boundaries of the farm to increase the number and range of meaningful opportunities for co-farmers in their community. Thi5 means working in partnership with other charities to strengthen our tapacsty and exploring partnerships with employers to create workplace opportunities. Covid reduced the possibilities for achieving this over the previous financial year and has continued to play a part into thi5 financial year as organisatlOAS and businesses emer8e from the pandemic and review their operational needs and protocols We offer co-farmers a changing seasonal schedule of activitie5. informed by personal choice and preference, which includes activities such as vegetable gardenin& woodworkin& basic animal husbandry and horse care, woodland work Icoppici tree plantinBI, and seasonal fami tasks. Weekly pro8ramme ol outd¢)or. Pufposefvl acti¥ities Farm Ability's core service is a weekly programme running throughout the year that provides acrivities for co-farniers in range of farm, hortiCLsltural and woodland-based work. Our main bases for regular sessions have been FAI Fam)s at Wytham. Park Farm on the Blenheim Estate. Willowbrook Farm at Hampton Gay, and Eynsham Market Garden. This year we also added a regular weekly visil to Oxford City Faim as part of a dementia inclusive partnership project. generously funded by Ecclesiastical Insurance Fund and Oxfordshire Community Foundation. Key characteristics of our servSce InclLtde= An enabling approach to support co-farmers that encourages autonomy, independence and the confidence to try new things; Embedding occupation31 therapy practice throughout the pro8ramme to Improve people's adaptive behaviour and occupational functioning.. Celebratin8 co-farmers. achievements and recording these through Everyday Breakthrough5, which we analyse on a seasonal basis and share with co-farmers. families and support teams at co-farmer annual reviews.. Enabling people to take an appropriate and measured level of risk that allow5 them to build capabilsties. If a co-farmer has a Personal Budget. they contribute to the costs of the service.. if not, then we endeavour to 5ubsidise their attendance through a Bursary Fund. There is no time limit on a person's attendance at FarmAbility unless they are receivin8 3 subsidy, which may be offered for a fixed time period. Opportunlties for sch¢)ol and college Students between 16-19 years We reco8nise that the transition from full-time education to adulthood is p3rticulaTly challen8in8 for people with learning disabilities. In order to address this we started the khools Programme aimed at enèblin8 students in their final 3 years of school or college to join FarmAbility in order to bLbild their confidence and skills for the transition, and to encourage them to move on to meanlngful occupations. For the whole school year of Sept 2021 to September 2022 Maclntyre Endeavour Academy students resumed attendance and have developed great relationships with our team and with the wider co-farmer community on site at the Same time.
FamAbility Tru5tees' RÈp(>rt and Financial Statements O£tober 2021- September 2022 Person-centred progresslon pathway5 for Covfamiers There are two aspects to progression at FarmAbility= Progression through the acqui51tion of new skills, the strengthening of existing ones in outdoor activities. and the building of confidence,. Progression from FarmAbility to other settin85. either in tandem with or after leavinB FarmAbility. where co-farmers can engage in other meaningful occupations lincluding paid employment) and new roles in their communities. Key characteristics of FarmAbill$ person-centred pathways include.. Working with co-fam)ers, families and support teams to identify Boals that can be achieved through the activities we offer. Thi5 may relate to behaviour, confidence. 50ft or hard skills. or personal aspirations to find work or voluntary positTrons,' Annual reviews of co-farmers (with familieslsupport teams) to review progress and agree goals.. Offerin8 co-farmers choice in the activities they take part in and sitpportin8 them in making thelr own choices,. Adhoc sesslons at other farmlhorticultural location5 to build confidence in new places and introduce eo-farmer5 to different activ,ties. Our volunteers and prowbono support In 2021-2022 all of our volunteers returned to support our programmes and we recruited and inducted more. All together our volunteers support us to a total of 80 hours per week. Our experience this year has led us to put resources into developing our volunteer offer over the coming year, including impfoving our recruitment and induction processes and providing expanded ongoing support and trainin8 to volunteers, once in post. Most of our volunteers work alongside Programme Leaders to increase co-farmers, en8a8ement in our various activities, while some volunteers provide specific expertise for example in bookkeeping. craft pfoiects and woodworking. FarmAbslity volunteers come from all walks of life,. some are retired people and others are young people keen to build experience working with people with learnin8 disabilitie5. Three of our curreni volunteers have a mild learning disability andlor autism,. we hope that their volunteering experience will help them find paid employment in the future. Pro-bono support ha5 been 8ratefully received from all of the sites where we have based our activities during fy 2021-22 in the form of access to meeting rooms, office accommodation, toilet facilities and a range of activities for our co-farmers to undertake. Without these, we could not operate and we would like to record our 8ratitude for their generoslty. These valuable facilrties have not been included in income or expenditure In the 8ccounts. Our centres providing this support- FAI Farms, Wytham Willowbrook Farm, Hampton Gay Pèrk Farm, Blenheim Estate The Market Garden. Lon8 Hanborough )*
FamiAbility ' Us'.eps Re?ott and Financial Staternents October 2021- September 2022 We were also delighted to receive around S days, pro bono support from Optek System5, an eA8ineering company based in Abingdon, who gave resources. expertise and labour to enclose and waterproof an open sided barn space, $0 that we £3n use it on an ongoin8 basis for actNities at Willowbrook Farm. Our regular 5UPPOrters 3Keel also joined us for 4 work days in which they helped us move and construct polytunnels and lay flooring and add cladding to an outside building. ACHIEVEMENTS AND PERFORMANCE In October 2021 we were back up to a fulty operational service and our team hod begun to adapt well to the new demands that operatin8 Ltnder Covid restrictions. and across a number of satellite 51tes broughi with them. In October and November we recruited a new CEO who be8an in january 2022 and who completed the managementloffice team for the organisation. We said goodbye to our out8oin8 Directo¥ in December 2021, acknowledging the hu8e amount of work that she had put into organisin8 Systems. updatin8 our IT and communication5 processes and bringin8 in fundin8 from trusts and foundations to support our core running costs. In April 2022 we were able to respond to previous organi5ational development èlms of retruitment for additional Programme Leader capacrty and successfully recruited 4 new part time leaders, one senior and 3 junior. This recruitment has in turn enabled us to expand our delivery capacity and move forward with opening new places for the service acfOSS existing and new sites. This work continues with Significant aspirations to expand further in the coming 12 months. As at September 2022 the number of regular co- farmer se55ions per week was 53, with 46 co-farmers attendin& some for more than one day a week. As things opened up this year we were able to support our hosts at Willowbrook with their annual summer festival and we also delivered our own fufidraisin8 'Move-It' day at the close of the financial year, to raise money for a celebration event for our to-farmers in recognition of their resilience, adaptability and development over the last 24 months. Ad¢Jitlonal achievements over the year Included sustaining relationships with partrier sites and reinst3tin8 regular visits lo some of our outreèch sites, including Long Mead Meadow Conservation Project. and carrying out an initial visit to Sandy Lane Farm in South Oxfordshire with the intentlOA of settin8 up more regular work with them in the future. We have carried out 4 whole day training activities with the team and invested significant time and resource in to improving our health and safety approaches and adapting our systems and proce55es to working across multiple sites with multiple partners. Thi5 remains a priority into the next financial year. We have created some strong relationships with colleague organisations working in the sector and have carried out a successful partnership project with Oxford City Farm and the Order of St John's Care Homes, as well as explored opportunities for collaboration with Pennyhooks Farm Trust, Guideposts Charity, 8ridewell Gardens, Yellow Submarine and A8eUK.
FarmAbility Trustees, Rop()rt and Financial Statements October 2021- September 2022 Fundraising efforts during the year were successful with valuable grants from: National Lottery Awards For All Fund Ecclesiastical Fund18enefact Group) Oxfordshire Community Foundation Oxfordshire County CoLsncil The Postco(Je Lottery Roger & Jean Jefcoate Trust Our Sankalp O'oyly Carte Lord BarnbS Fund Yeo Valley Iyeokens scheme) W.E. Lawrence Charitable Settlement We are very grateful to all our funders for their generous support. FINANCIAL REVIEW Strong income from grants and donations for a second year has given us the confidence to increase capacity and offer places to more co-farmers. Our employees have increased in number from 7 last year to 12 lan increase in FTE from 5.8 to 7.81. Staff cost5 have therefore increased substantiallv. Until 2021 we had an offi¢e base provided without charge loriginalty by FAI Fams and then by glenhelm Estate). We now have to rent premises- which has added £18k to our cost base. These cost increases- offset by the strong Brant income produced a deficit in the year of nearly £IOk. I last year'5 accounts we anticipated spendin8 some of the reserves, which had reached a level that was sli8htly above our policy level. The Trustees are happy to use those reserves to increase the scale of our operations. Reserves polity The trustees review the reserve levels of the charity on an annual basis. This Teview includes the nature of the income and expenditure. the need to match income with commitments and the composltion of the Charitvs reserves. The Trustees also take into consideration the future plans of the Charity, any uncertainties re8arding future income streams and other key risk identified durin8 the risk review process. The Reserves policy in normal times is to maintain reserves at a level that Is adequate to cover 6 months of normal expenditure. Our budget for 2022-23 shows expenditure of £320k, and therefo the tarBet level of reserve5 is £160k. FarmAbilitVs free cash reserves. represented by unrestritted and designated funds. at 30 September 2022 were approximately £152k12020.. £160kl. Therefore feserves are broadly in line with the target. We will cont¢nue to monitor the situation and adapt our policy as and when necessary.
FamiAbility .le Jo't and Financial Slatements Ortober 2021- September 2022 PLANS FOR ThE FUTURE This was a year of consolidation and transition for FarmAbility. We increased our delivery capacity throLtgh Staffing numbers in order to address the demand on our waiting list and have now begun to increase the places we can offer to new co-farmer5. This is an ongoing project for the year ahead and we aspire to offer at least 10 more places over the course 2022-23. Some of this will depend on further strengthening partnerships with host farms and gardens. We also intend io broaden Ouf volunteer base to give an extra layer of support and resource across all of our sites. We remain alert to the possibility of a new base and open to opportunities a5 they arise. however this year ha5 also allowed us space to acknowledge the huge potential of maintaining multiple sites and the variety and diversity we can achieve in terms of experiences for our participants from this model. Goin8 forward we will explore potential for a hybrid approach. allowtng us to reap the benefits of iK)th situation5. Golng concem Having reviewed the situation, the trustees do not have any material concerns about the charity'5 abillty to continue in the foreseeable future. STRUCTURE, GOVERNANCE AND MANAGEMENT Constltutlon FarmAbility is a charitable Incorporated organisation. incorporated and re8lstered with the Charity Commission for Engl8nd an¢J Wales on 7 August 2013. The Primary governlng document of the Charity Is its Constitution. which was amended in March 2021 to reflect the change of name to FarmAbility. The Constitution states that the Trustees shall be the Members. Details of the Trustees who served ihfoughout the period are included in the Reference and Admlnistratlve Details on page 3. Method of Appolntment or Eledon of Tntstees The Trusi's Constitution specifies that the number of Trustees shall be not les5 than three131 Trustees a ppointed for a 3-year term. The Board of Trustees will consider nominations for new Trustees who can make a valuable contribution to the 5trate8y and management of the Trust, with any appointments bein8 approved at a meetin8 of the Board of Trustees. Pollcies Adopted for the Indurtlon and Training of Trustees All Trustees receive a genera5 introduction to the Trust. its organisation, structure5 and employees. The Trustees are also provided with periodic updates on relevant changes in charity law and Charity Commi55ion guidance. Organlsatlonal Strurture The Board of Trustees are responsible for the over?11 governance of the Trust. They set the general strategv and bu5ines5 plan5 for the Trust, approve an annual budgèt, monitor performance against the plans and budgets and make major decisions about the Trust's strategy and development and any staff appointments. The Trustees meet at least 4 times each year. The Trustees have delegated the day-to-day management of the Trusvs programmes to the Chief Executive.
FarrnAbility Trustees, Report and Financial Statements Octobew 2021- September 2022 Risk Management The Trustees have assessed the major risks to which the Charity is exposed, in particular those relating to its finances, charitable acti¥itie5, facilities and other operational areas. The Trustees have implemented a number of systems to assess and minimi5e those risks, including internal controls. Where significant financial risk still remains. the Trustees have ensured the Charty has adequate insurance cover In place. The Trustees examine the financial health of the Charity formally every quarter. reviewing performance against budget and overall level of expenditure. The Charity also has a risk register in place, which is regularly reviewed in light of any new information and formally reviewed annually by the Trustees. Public Beneflt The Trustees confirm that they have complied with the requirement in the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit in exercising their powers and duties. They have ieferred to thi5 guidance when reviewin8 the Trusvs objects and aim5 and in plannin8 Its future activities and are satisfied that the Trust's activities comply with this guidance and are of public beneflt. ThSs report was approved by the TTu5tees on 7 February 2023 and signed on their behalf bv . Ms R Warren Chair of Trustees io I
FarmAbility Rrlirt and Financial Statements October 2021- September 2022 INDEPENDENT EXAMINER'S REPORT OTThE TRUSTEES OF FARMABiufY I'the Charity) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2022. Responslbillties and basis of report A5 the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my èxamination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Dirertions given by the Charity Commi10n under Section 1451511bl of the 2011 Act. Independent examlnerfs 51atement Since the Charity's gross income exceeded £250.LKKJ your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, 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 givin8 me cause to believe that in any material respect: accounting records were not kept in respett of the Charity as required by settion 130 of the Act.. or 2. the accounts do not accord with those records; or 3. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommen(Jed Practice for accounting and reportin8 by charities applicable to charitie5 preparing their accounts sn accordance with the Financial Rep)rting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in conne¢tiort with the examinatlon to which attention should be drawn in this report in order to enable a Proper understanding of the accounts to be reached. //0 &9- Robert KirtSand Critchleys Audit LLP Beavef House 23-38 Hythe Bridge Street Oxford OXI 2EP Dated. 91212023
FarniAblllty Trusiees qpport and Financtal Statements October 2021- September 2022 STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022 Unrestricted Funds 2022 Restrlrted Fund5 2022 Totsl Funds 2022 Total Funds 2021 Note Income from: Donations & Legacies Charitable activities Other tradinB activities Investment5 ioi.l(K) 139,193 114 434 33.289 134,389 139,193 114 434 88,635 121,559 529 188 Total Income 240,841 33.289 274,130 210.911 Expend5ture on: Raising funds Charitable activities 642 247,936 248,578 642 283,187 283,829 801 172.820 35.251 35,251 Total expendlture 173.621 Net income Ideficitl Transfers between lunds 17.7371 11.9621 19,6991 37,290 Net movement In funds 17.7371 11.9621 19.6991 37,290 Reconclllation of funds Total funds brought forward Net movement in funds 159,735 6,563 166.298 129,W8 17,7371 151.998 11,9621 4,601 9,6991 156,599 37,290 166,298 Total funds carried forward The Statement of financial activities includes all gains and losses reco8nised in the year. The notes on pages 14 to 24 form part of these financial statements. 121
FarmAb114ty .1111,. and Financial Stètements October 2021- September 2022 BALANCE SHEET AS AT 30 SEPTEMBER 2022 2022 2021 Note Flxed assets Tangible assets 14 Current assets DebtOTS Cash at bank and in hand 15 4.645 167.832 5,980 172,732 172,477 178,712 Creditors.- amounts falling due within one vear 16 118.2781 112,4141 Net current a$t$ 154.199 166,298 Total assets less Current Ilabllltles 156,599 166.298 Total net asset5 156.599 166,298 Charlty fvnds Restrltted funds Unrestricted funds 17 17 4,601 151,998 6,563 159,735 Total funds 156,599 166,298 The financial statements were approved and authorised for issue by the Trustees on 7th February 2023 and signed on their behalf bv.. Ms R Warren Chalr of Trusts•$ The notes on pages 14 to 24 form part of these financial statements.
FamiAbllity Tru5tees' Report and FinoDcial Statements October 2021- September 2022 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 1. General information FarmAbility is a CharFtable Incorporated Organisation ICIOI, incorporated and registered with the Charity Commission for England and Wales. In the event of the Charity being wound up, the members of the CIO have no liability to contribute to its assets and no personal resk¥)nsibility for settling its debts and liabilities. The address of the registered office 15 given in the Charity informJtion on page 3 of these financial statements. 2. Accountlni polS¢Ses 2.1 Basls of preparatSon of flnanclal statements The financial statements have beell prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reportin8 Stsndard applicable in the UK and Republic of Ireland IFRS 1021- (Effective l January 20191. the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011 and the Charitys governing document. The Charity is a Publlc Benefit Entity as defined by FRS 102 The Charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of Cash Flows. The financial statement5 are prepared in sterlin8, which is the functional Currency of the Charity. Monetary amounts in these linancial statements are rounded to the nearest £. Assets and Ilabilitles are initially recognised at historical cost or transaction value unless otherwise 5t?ted in the relevant accounting policy. The significant accounting policie5 applied in the preparation of these financial statements are set out below. These polities have been consi51ently applied to all years presented unless otherwise stated. 22 Golnl concern The Trustees assess whether the use of going concern is appropriate. i.e. whether there are any material uncertainties related to events or conditions that may cast Sl8nificant doubt on the ability of the Trust to continue as a 80in8 concern. Having reviewed the situation, the Trustee5 are confident that the Trust has adequate resources to meet its liabilitie5 as they fall due for the foreseeable future and, accordinBly, have adopted the going concern basls in preparing the financial statements. 141
FarmAbility I'.purt and Financial Statement5 2.3 Income October 2021- September 2022 All income is recognised once the Charity has entitlement to the income. it is probable that the income will be received and the amount of income recetvable can be measured reliablv. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy eKi5ts when the Charity has sufficient evidence that a gift ha5 been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a leEaLy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generalty be the experted cash amount to be distributed to the Charity, can be reliably measured. Grants are included in the statement of financial activities on a ceIVable ba515. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, it5 recognition is deferred and included in creditors as deferd income. Where entitlement occurs before income is received, the Income is accrued. Donated facilities and donated professional services are COgnised in ineome at their fair value when their economic benefit is probable. it can be mea5ure(J reliably and the Charity has eontrol over the Item. Fair value is determined on the basis of the value of the gift to the Charity. For example, the amount the Charity would be w¢llin8 to pay in the open market for such facllities and services. A correspondln8 amount is recognlsed In expenditure In ihe year of receipt. No amount is included in the financial statements for general volunteer time in line with the Charitie5 SORP IFRS 1021. Further detail of the volunteer SUPPOrt provided to the Charity is Biven in the Trustees, Report. Income tax recoverable in relation to donations recelved under Gift Aid or deeds of covenant is retognised at the time of the donation. Other income is recognised in the period in which it Is receivable and to the extent the 8oods have been provided or on completion of the service. 2.4 Expenditure Expenditure is reco8nised once there is a legal or constructive obligation to transfer economic benefit to third party, it Is probable that a transfer of economic benefFts will be required in settlement and the amount of the obli8ation can be measured reliably. Expen(Jiture is classified by activity. The cost5 of each activity are made up of the total of direct costs and shared costs. including SUPPOrt costs involved in undertakin8 each activity. Direct costs attributable to a s¢ngle activsty are allocated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a sin8le activity are apportioned between those activities on a basls consistent with the use of resources. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charltable trading. Expenditure on charitable activities 15 incurred on directly undertaking the attivities which further the Charity's objectives, as well as any associated support costs.
FarmAbility Trustees, Report and F&nèncial Statements October 2021- September 2022 All expenditure is inclusive of irrecoverable VAT. 2.5 Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably bv the Charity.. this is normally upon notification of the interest paid or payable by the institL¢tion with whom the funds are deposited. 2.6 Taxatlon The Charity is considered to pass the tests set out tn Para8raph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially eyempt from taxation in respect of income or capitsl gains received within categories covefed by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 2.7 Tan8lble fSxed assets and depre¢latlon Tangible fixed assets costing £l,C(rf) or more are capitalised and retogni5ed when future economic benefits are probable ond the cost or value of the asset can be measured reliablv. Tangible fixed assets are initially reco8nised at cost. After recognition. under the c05t model. tangible fixed asset5 are measured at COSt less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fimed asset into its intended worktng condition should be included in the measurement of cost. Depreciation Is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, u5in8 the stTaight-line method. Depreciatlon Is provided on the following basis: Plant and machinery Motor Vehicles 25% straightline 25% strai8htline 2.8 Debtor5 Trade and other debtor5 are recognised at the settlement amouni after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.9 C4sh at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three month5 OT le55 from the date of acquisition or openin8 of the deposit or similaraccovnl. 2.10 Uabilitles and pro¥Ssion5 Liabilitie5 are recognised when there is an obligation at the balance Sheet date as a result of a past event, it is probable that a transfer of economK benefrt will be required in settlement. and the amount of the settlement can be estimated reliably. 161
FarmAblllty piJrt and Financlal Statements October 2021- September 2022 Liabilitles are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it hès receiveil as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effett of the time value of money 15 material. the provision is based on the present value of those amounts. discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is reco8nised in the statement of financial artivities as a finan c05t. 2.11 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recogni5ed at transaction value and subseouently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost usin8 the effeciTr¥e interest method. 2.12 Penslons The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.13 Fund a¢countln8 General fL*nds are unrestricted 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 deSnated for other purposes. Desl8nated funds comprise unrestritte(J funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. RestrScted funds are funds which are to be used in accordance with 5pecifit restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund 15 set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. 3. Crltlcal ac¢ountln8 estlm•tes and areas of Jud8ement Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstance5. Critical accountln8 estimates and assumptions.. The Charity makes estimates and assumptions conceming the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. There are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount5 of a55ets and liabilities within the next financial year. 171
FarmAblllty Trustees, Report and Financial Statements October 2021-September 2022 4. Income from donations & le8ades Unrestricted funds 2022 Restricted funds 2022 Total funds 2022 Total fuftds 2021 Donations Grants JRS furlough scheme Donated professional services 6,617 79,483 6,617 112,772 1,747 85,690 1,198 33.289 15,C ioi,ic() 28,945 15,1 134,389 88,635 33,289 59,6 88,635 Total 2021 S. Income from charltable aCtItIeS Unrestricted funds 2022 Restricted nds 2022 Totsl funds 2022 Total funds 2021 gay SeThice fees Other income 131,940 7.253 139,193 121,559 131,940 7.253 139.193 119,065 2,494 121.559 Total 2021 121.559 6. Infome Irom other trndlng artlvltles Unrestr5rted lund$ 2022 ftestrirted lund$ 2022 Total funds 2022 Total funds 2021 Produce Sales 114 114 114 114 529 529 Total 2021 529 529 In¥eslment Income Vnrestrirted funds 2022 Restricted funds 2022 Totol funds 2022 Total lunds 2021 Investment Income 434 434 188 Expendlture on ralsln8 funds Unre5trirted funds 202Z Restrfcted funds 2022 Total funds 202Z Total funds 2021 Cost of raising voluntary income Total 2021 642 642 801 801 801 181Pa
FarmAbiltty '?oport and Financial Statements October 2021- September 2022 9. Analysls of expenditure on charitsble activities Summary byfund type Unrestrlrted lunds 2022 Restrlrted Funds 2022 Total funds 2022 Totsl funds 2021 F3rmAbility Total 2021 247,936 120,689 35,251 52.131 283,187 172,820 172.820 10. Analysls of expendltUTe byactl¥lties Dlrert A¢tlvStles 2022 Support costs 2022 Total funds 2022 Total funds 2021 FarmAbilitv Total 2021 234.079 157,833 49.108 14,987 283,187 172,820 172,820 Analysls of dlrect Costs Totsl fund$ 2022 Tthal funds 2021 Salarie5, Nl & pensSon Equipment and consumables Transport Costs Depreciation of minibus External SeNice fees Bursary Grants Other direct costs Total 214,350 5,932 5.010 152.357 3,144 1.760 6.828 306 853 234.079 172 157,833 Analysls ol support ¢ts Total funds 2022 Total funds 2021 Premises costs Staff Recruitment, Trainin8 & Support Insurance 32.753 3.299 3.458 3.555 2.178 2.880 985 49.108 358 1.315 3,615 4,478 1,526 2,719 976 14.987 Telephone Professional fees Other support costs Total Premises costs include an amount of £15,(MXI which is the estimated v31ue of pro-bono professional services provided by Optek System5 in 2021- 22. Other Volunteer support has not been included in income or expenditure. owing to the difficulty of calculating a monetary value. Staff recruitment costs of £535 were included as Other Support Costs in the 2020- 21 accounts. This year they have been shown in Recruitment. Training & Support Costs. 191
F•rmAbility Trustees, RL'POrt and Financial Statements Ottober 2021- September 2022 11 Independent examiner's remuneration The independent examiner's remuneration amounts to an independent examiner fee of £1,45012021- £1.3001 12. Staff costs 2022 2021 Wages & salaries Social security costs Contribution to dèfined contribution pension scheme 198.286 10,960 5.104 214.350 139,922 3,555 152,357 The avera8e number of persons employed by the Charity durin8 the year wa5 a5 follow5: 2022 No. 2021 No. Service delivery No of employees Full time equi14alents io No employee received remuneration amounting to more than £60,[ in either year. The key management personnel of the Charity comprise of the senior management personnel listed on pa8e 3. The total amount of employee benefit5 (including employer pension contributions) received by kev management personnel during the year ended 30 Septèmber 2022 was £69,66712021.' £34.5411. 13. Trustees, remuneration and expenses DLsrlnB the year, one Trustee received remuneration of £366 for specialist seNi¢es provided to cover for the absence of a key member of staff during an extended period of absence f2021- £1,798). No other trustee received any remuneration. During the year ended 30 September 2022. no Trustee expenses were reimbursed f2021- nilj. 201
FarfflAbillty '.I'JLI,t and Financial Sratements October 2021- September 2022 14. Tan8lble flxed assets Motorvehitles Cost or valuation At l October 2021 Additions 3.2(Ml 3.2 At 30 September 2022 Depreciation At l Ortober 2021 Charged in year At 30 september 2022 Net book value At l October 2021 At 30 September 2022 15. Debtgr5 2022 2021 Due within one year Trade debtors Prepayrnents 4,450 195 5.980 4,645 5,980 16. Credltors: Amounts falllng due wlthln one year 2022 2021 Trade creditors Other taxation and social security Accruals and deferred Income 7,827 8,701 1,750 7,906 2,768 1.740 18.278 12.414 211
FarmAblllty Trustee5 Report and Financial Statements October 2021- Septetnber 2022 17. Statement of funds Statement of funds- current year alanct at I October 2021 Income Expendlture Transfers In l Balance at 30 out Sepiember 2022 Unrestrlcted fvnds General fund 129,735 129.735 240.841 240.841 1248.5781 1248,5781 121,998 121.998 Desl8natd tunds Premises fund Totsl unrestrlcted funds 30,0 159.735 30,(K)O 151,998 240.841 1248,S781 ty•l•n¢e •t k Octobèr 2021 Incgme Expndlture Tr¥nsfers In / Balance at 30 out September 2022 Re5trlct¢d funds FarmAbility Restricttd fund Oursankalpa fund Dementia fund National Lottery Awards for 6.S63 3,780 3,SC 16.CQ9 17.9431 13.51K)I 115,7061 303 io.c 18.1021 1,898 Total r¢strl¢ted funds 6.563 33.289 135.2511 4,601 Total gf fvnds 166.298 274.130 1283,8291 156.599 Stattrnent of fvnds Iprlor yearl Balantt at I Ortober 2020 Income Expendlturt Transfers Sn l Balao¢e at ao out September Z021 Unrestrlrted lundi General fund FafmAbility fund 14.$831 133,591 I29.8 115 151.106 151.221 11,6591 1119,8311 1121.4901 135.862 1164,8661 129,(X)41 129,735 129,735 Desl8nated fund$ Premise5 fund Total unrèstr1rt funds 30.LKX) 996 30.000 159.735 129,CK)8 151,221 121,490 Bakince ot I O£tober 2020 IKome Empendlture Transfers In l Balance at 30 out September 2021 Restricted funds FarmAbility Resiritted lund Oursankalpa fund National Lottery Community fund Total restrirted funds 32.580 126,0171 I7,1)1. 6.S63 20.110 119.1141 19961 59,690 152.1311 19961 6,563 Total of funds 129.C#)8 210.911 1173.6211 166,298 221
FarmAbillty RL'POrt and Financial Statements October 2021- September 2022 Des¢rlption of Funds The specific purposes for which the funds are to be applied are as follows.. Restricted Funds FarmAbilit Restricted Fund Thi5 holds funds for particular projects within FarniAbility. In 2021- 22 there were grants from.. the Axi5 Foundation which was used to acquire and run a minibus- enabling us to operate across our many operational sites. Oxfordshire County Council to mitigate the additional costs of operating with Covid controls in place. Our53nkal a Fund This project is funded by Oursankalpa CIC and aims to increase access to regular meaningful occupations Ipaid work. positions that will lead to paid work, volunteerin8 or traineeships) for people with learnin8 disabilities and autism. The grant was used to lund our 8ardenin8 projects. Dementia FL¢nd This fund was made up of contributions from Oxfordshire Community Foundation and EcclesiastlC31 (part of the Benefact Group). The funds were designated to the creating of a partnership project between FarmAbility, Oxford City Farm and St John's Care Homes wherein our co-farmers facilitated visits to the farni by residents of the care home who were living with dementia. The project took place May to Ortober and was a big success, leading to ongoing collaboration between all three organisations. National Lotte Awards for All Fund The National Lottery Awafds for All grant has enabled us to employ additional Pro8ramme Leaders- Increasin our capacity by up to 12 co-farmer sessions pef week. Desl8nated Funds Pr fun The Trustees have set aside funds to allow the establishment of a new base. rmA ilit Fund vi us ar when the charity was formed las the Farm In5p¢ration Trust), there were two programmes of activity.. FarmAbility and The Outdoor Classroom. Separaie funds were maintained io ensure that funds raised to support each aciivity were kept separate. Since the Outdoor Classroom was discontinued in 2016, F3rmAbilitv has been the only prograrnme. and this was recogni5ed with the change of name during 2021. Accordinglv there was no longer any need to maintain a separate Farmability fund. and it was merged into the General fund. 231
FarmAbility Trustees, Report and Financial Statements October 2021- September 2022 18. Analysis ol net •ssets between funds Analysis of net assets between funds- current year Unrestrirted Funds Restrlcted Funds Total funds 2022 2022 2022 Tangible fixed assets Current assets Creditors due within one year 2,400 172,477 170.277 118.2781 2,200 118,2781 T¢)tsl 151,999 4.600 156,599 Analysls of net assets between funds- prlor year Unrestrbcted funds 2021 Restrkted funds 2021 Total funds 2021 Tangible fixed assets Current assets Creditors due within one year 171,522 111,7871 7,190 16271 178,712 112,4141 Total IS9.73S 6,563 166,298 19. Penslon iornmltrnents The Charity operates a defined contribution scheme. The assets of the scheme are held Separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to É5,10412021.. £3,636). No contributions were outstandlng at the year-end12021: £nlll. 20. Related party transartlons Owing to the nature of the Charity's operations and the ¢omposition ol the Board of Trustees being drawn from local private sector or8ani5ations. transaction5 may take place with organisations in which the Trustee has an interest. All such transactions are conducted at arm's length and in accordance with the provisions of the Charity's Constitution. the requirements of the Charities Act 2011 and the Charity's normal procurement procedures. and none of the Trustees benefit personally from any such transactions. Donations from Trustees without conditions totaled £425 in the year12021.. £nill. 241