| Page | ||||
|---|---|---|---|---|
| Reference and Administrative Details |
||||
| Report ofthe Trustees | 2 | to | 7 | |
| Statement ofTrustees' | Responsibilities | |||
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | 10 | ||
| Statement ofFinancial | Position | 11 | to | 12 |
| Notes to the Financial Statements | 13 to | 21 | ||
| Detailed Statement of Financial Activities | 22 | to | 23 |
| FORTHEYEAR | FORTHEYEAR | ENDED 31 | IIARCH | |
|---|---|---|---|---|
| AUTONOINOUS | ASSOCIATED ACTIVITIES | |||
| Links and aNIIlatlons: | ||||
| Whole Health | Agriculture | |||
| Weleda | ||||
| UKCOG - the group ororganic | Certifiers in the | UK | ||
| Suitaln | ||||
| Real Farming | Tact | |||
| Regen Ag | ||||
| Oxliord Real | Farming Cont'erence | |||
| Organic Research Centre | ||||
| Martnet - Marine Conservation | Iorthe UK | |||
| bed Workers Alliance | ||||
| International | Federation ofOrganic Agriculture | Movements | (IFOAM) | |
| GM Freeze | ||||
| Garden Organic, Ryton | ||||
| Farming the | Future | |||
| FarmEd | ||||
| English Organic Forum (EOF) | ||||
| Eat Better | ||||
| Beyond GM |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | E | E | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
62,344 | 62,344 | 105,377 | ||||
| Charitable activities |
|||||||
| Charitable activities |
354,898 | 14,000 | 368,898 | 325,735 | |||
| Investment income |
9,389 | 380 | 9,769 | 8,493 | |||
| Total | 426,631 | 14,380 | 441,011 | 439,605 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 2,572 | 2,572 | |||||
| Charitable activities |
|||||||
| Charitable activities |
481,487 | 10,121 | 491,608 | 441,779 | |||
| Total | 484,059 | 10,121 | 494,180 | 441,779 | |||
| Net gains on investments | 3,347 | 9,952 | 13,299 | 34,326 | |||
| NET INCOME/(EXPENDITURE) | (54,081) | 14,211 | (39,870) | 32,152 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 265,018 | 216,459 | 481,477 | 449,325 | ||
| TOTAL FUNDS CARRIED FORWARD | 210,937 | 230,670 | 441,607 | 481,477 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | E | E | E | |||
| FIXEDASSETS | ||||||
| Investments | ||||||
| Investments | 13 | 49,270 | 146,526 | 195,796 | 182,497 | |
| Social investments | 14 | 75,000 | 75,000 | 75,000 | ||
| 124,270 | 146,526 | 270,796 | 257,497 | |||
| CURRENT ASSETS —— | ||||||
| Stocks | 15 | 14,569 | 14,569 | 10,516 | ||
| Debtors | 16 | 36,616 | 36,616 | 30,334 | ||
| Cash at bank and | in hand | 67,634 | 84,144 | 151,778 | 207,657 | |
| 118,819 | 84,144 | 202,963 | 248,507 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
17 | (32,152) | (32,152) | (24,527) | ||
| NET CURRENT ASSETS | 86,667 | 84,144 | 170,811 | 223,980 | ||
| TOTAL ASSETS | LESSCURRENT | |||||
| LIABILITIES | 210,937 | 230,670 | 441,607 | 481,477 | ||
| NET ASSETS | 210,937 | 230,670 | 441,607 | 481,477 | ||
| FUNDS | 18 | |||||
| Unrestricted funds |
210,937 | 265,018 | ||||
| Restricted funds |
230,670 | 216,459 | ||||
| TOTAL FUNDS | 441,607 | 481,477 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| E | E | |||||
| Donations and legacies |
7,247 | 40,150 | ||||
| Grants —Defra |
24,923 | 24,906 | ||||
| Subscriptions 8 |
membership | 24,721 | 27,321 | |||
| Fundraising income |
5,453 | 13,000 | ||||
| 62,344 | 105,377 | |||||
| Grants received, | included | in | the above, | are as follows: | ||
| 31.3.22 | 31.3.21 | |||||
| F | ||||||
| Defra Grant | 24,923 | 24,906 | ||||
| INVESTMENT INCOME | ||||||
| 31.3.22 | 31.3.21 | |||||
| E | E | |||||
| Income from listed investments | 9,676 | 7,994 | ||||
| Deposit account | interest | 93 | 499 | |||
| 9,769 | 8,493 | |||||
| INCOME FROM | CHARITABLE ACTIVITIES | |||||
| 31.3.22 | 31.3.21 | |||||
| Activity | ||||||
| Educational income— |
||||||
| Training | Charitable | activities | 7,408 | 45 | ||
| Books &Preparations | Charitable | activities | 34,972 | 41,277 | ||
| Certwcation activities |
Charitable | activities | 245,493 | 239,551 | ||
| Advertising income |
Charitable | activities | 3,124 | 3,135 | ||
| Gardening Club Farm Services |
Charitable Charitable |
activities activities |
3,270 2,610 |
4,140 | ||
| Genius Loci |
Charitable | activities | 14,000 | |||
| BFDI Recharge | Charitable | activities | 58,021 | 37,587 | ||
| 368,898 | 325,735 |
| 31.3.22 | 31.3.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | ||||||||
| Bad debts | 2,572 | |||||||
| CHARITABLE | ACTIVITIES COSTS | |||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 8) | note 9) | Totals | ||||||
| E | ||||||||
| Charitable | activities | 118,112 | 373,496 | 491,608 | ||||
| DIRECT COSTS OF CHARITABLE | ACTIVITIES | |||||||
| 31.3.22 | 31.3.21 | |||||||
| E | ||||||||
| Education, | training | 8 Bursaries | 13,923 | 7,100 | ||||
| Project costs | 26,639 | 13,326 | ||||||
| Participation | 8 | subscriptions | 468 | 1,226 | ||||
| Books 8 Preparations | 22,550 | 28,338 | ||||||
| Star 8 Furrow, | newsletter | 8 leaflets | 10,916 | 9,564 | ||||
| Gardening | Club (incl salaries) | 21,006 | 18,397 | |||||
| Farm Services | (incl | salaries) | 13,089 | 4,902 | ||||
| Genius Loci | 9,521 | 3,607 | ||||||
| 118,112 | 86,460 | |||||||
| SUPPORT | COSTS | |||||||
| Certification | Governance | |||||||
| Management | Activity | costs | Totals | |||||
| F | ||||||||
| Charitable | activities | 93,626 | 267,039 | 12,831 | 373,496 |
| 31.3.21 | 31.3.207 | ||||
|---|---|---|---|---|---|
| Certification Office |
4 | 3 | |||
| Administration | 3 | 2 | |||
| No employees received emoluments |
in excess of P60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| F | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
105,317 | 60 | 105,377 | ||
| Charitable activities |
|||||
| Charitable activities |
325,735 | 325,735 | |||
| Investment income |
8,493 | 8,493 | |||
| Total | 439,545 | 60 | 439,605 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable activities |
428,779 | 13,000 | 441,779 | ||
| Net gains on investments | 25,362 | 8,964 | 34,326 | ||
| NET INCOME/(EXPENDITURE) | 36,128 | (3,976) | 32,152 | ||
| Transfers between funds |
(9,613) | 9,613 | |||
| Net movement in funds |
26,515 | 5,637 | 32,152 | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
238,503 | 210,822 | 449,325 | ||
| TOTAL FUNDS CARRIED FORWARD | 265,018 | 216,459 | 481,477 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| E | |
| MARKET VALUE | |
| At 1 April 2021 | 182,497 |
| Revaluations | 13,299 |
| At 31 March 2022 | 195,796 |
| NET BOOK VALUE | |
| At 31 March 2022 | 195,796 |
| At 31 March 2021 | 182,497 |
| Listed | |||
|---|---|---|---|
| investments | |||
| Valuation | in | 2019 | 2,329 |
| Valuation | in | 2020 | (42,579) |
| Valuation | in | 2021 | 34,326 |
| Valuation | in | 2022 | 13,299 |
| Cost | 188,421 | ||
| 195,796 |
| SOCIAL INVESTIIENTS | |
|---|---|
| Programme | |
| related | |
| investments | |
| equity | |
| MARKET VALUE | |
| At 1 April 2021 and 31 March 2022 | 75,000 |
| NET BOOK VALUE | |
| At 31 March 2022 | 75,000 |
| At 31 March 2021 | 75,000 |
| STOCKS | |||||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| E | F | ||||||
| Books & preparations | 14,569 | 10,516 | |||||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.22 | 31.3.21 | ||||||
| E | |||||||
| Trade debtors | 35,475 | 28,606 | |||||
| Other debtors | 648 | 1,201 | |||||
| Prepayments and |
accrued income | 493 | 527 | ||||
| 36,616 | 30,334 | ||||||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|||||||
| 31.3.22 | 31.3.21 | ||||||
| E | F | ||||||
| Trade creditors | 7,561 | 12,933 | |||||
| Social security and VAT |
other | taxes | 4,730 9,877 |
4,482 6,087 |
|||
| Other creditors | 1,500 | ||||||
| Accruals and deferred | income | 8,484 | 1,025 | ||||
| 32,152 | 24,527 | ||||||
| MOVEMENT IN |
FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| E | P | F | |||||
| Unrestricted funds |
|||||||
| General fund |
264,410 | (57,351) | 207,059 | ||||
| Seed 8 Plant Breeding Gardening Club |
Fund | 608 | 3,270 | 608 3,270 |
|||
| 265,018 | (54,081) | 210,937 | |||||
| Restricted funds | |||||||
| Grange Kirkcaldy Seed Cooperative Anthroposophical Genius Loci |
Fund Society GB |
136,574 75,000 2,885 |
9,952 380 (600) 4,479 |
146,526 75,380 2,285 4,479 |
|||
| Communication RMET |
of Biodynamics- | 2,000 | 2,000 | ||||
| 216,459 | 14,211 | 230,670 | |||||
| TOTAL FUNDS | 481,477 | (39,870) | 441,607 |
| Incoming | Resources | Gains and | Movement | |||||
|---|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||||
| E | E | E | ||||||
| Unrestricted | funds | |||||||
| General fund |
423,361 | (484,059) | 3,347 | (57,351) | ||||
| Gardening Club |
3,270 | 3,270 | ||||||
| 426,631 | (484,059) | 3,347 | (54,081) | |||||
| Restricted funds | ||||||||
| Grange Kirkcaldy |
Fund | 9,952 | 9,952 | |||||
| Seed Cooperative | 380 | 380 | ||||||
| Anthroposophical | Society GB | (600) | (600) | |||||
| Genius Loci | 14,000 | (9,521) | 4,479 | |||||
| 14,380 | (10,121) | 9,952 | 14,211 | |||||
| TOTAL FUNDS | 441,011 | (494,180) | 13,299 | (39,870) | ||||
| Comparatives | for movement | in funds | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||||
| E | F | F | ||||||
| Unrestricted | funds | |||||||
| General fund |
236,253 | 35,770 | (7,613) | 264,410 | ||||
| Seed 8 Plant | Breeding | Fund | 250 | 358 | 608 | |||
| Communication | of Biodynamics | 2,000 | (2,000) | |||||
| 238,503 | 36,128 | (9,613) | 265,018 | |||||
| Restricted funds | ||||||||
| Grange Kirkcaldy |
Fund | 127,610 | 8,964 | 136,574 | ||||
| Seed Cooperative | 75,000 | 75,000 | ||||||
| Generation Income Foundation |
4,627 | (12,940) | 8,313 | |||||
| Hermes Trust | 700 | (700) | ||||||
| Anthroposophical | Society GB | 2,885 | 2,885 | |||||
| Communication | of Biodynamics- | |||||||
| RMET | 2,000 | 2,000 | ||||||
| 210,822 | (3,976) | 9,613 | 216,459 | |||||
| TOTAL FUNDS | 449,325 | 32,152 | 481,477 |
| FOR THE YEAR ENDED | 31 MARCH 2022 | |||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| F | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations and legacies |
7,247 | 40,150 | ||
| Grants - Defra | 24,923 | 24,906 | ||
| Subscriptions 8 membership |
24,721 | 27,321 | ||
| Fundraising income |
5,453 | 13,000 | ||
| 62,344 | 105,377 | |||
| Investment income |
||||
| Income from listed investments | 9,676 | 7,994 | ||
| Deposit account interest | 93 | 499 | ||
| 9,769 | 8,493 | |||
| Charitable activities |
||||
| Educational income |
—Training | 7,408 | 45 | |
| Books & Preparations | 34,972 | 41,277 | ||
| Certification activities |
245,493 | 239,551 | ||
| Advertising income |
3,124 | 3,135 | ||
| Gardening Club |
3,270 | 4,140 | ||
| Farm Services | 2,610 | |||
| Genius Loci | 14,000 | |||
| BFDI Recharge | 58,021 | 37,587 | ||
| 368,898 | 325,735 | |||
| Total incoming resources |
441,011 | 439,605 | ||
| EXPENDITURE | ||||
| Other trading activities |
||||
| Bad debts | 2,572 | |||
| Charitable activities |
||||
| Education, training &Bursaries |
13,923 | 7,100 | ||
| Project costs Participation 8 subscriptions |
26,639 468 |
13,326 1,226 |
||
| Books &Preparations | 22,550 | 28,338 | ||
| Star 8 Furrow, newsletter |
8 leaflets | 10,916 | 9,564 | |
| Gardening Club (incl |
salaries) | 21,006 | 18,397 | |
| Farm Services (incl salaries) | 13,089 | 4,902 | ||
| Genius Loci | 9,521 | 3,607 | ||
| 118,112 | 86,460 | |||
| Support costs | ||||
| Management | ||||
| Staff costs | 81,314 | 85,942 | ||
| Carried forward | 81,314 | 85,942 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| F | ||||||
| Management | ||||||
| Brought forward | 81,314 | 85,942 | ||||
| Office costs | 12,312 | 9,914 | ||||
| 93,626 | 95,856 | |||||
| Certification | Activity | |||||
| Staff costs | 93,488 | 113,318 | ||||
| Accreditation | 10,640 | 12,961 | ||||
| Office costs | 8,676 | 7,624 | ||||
| Promotion | 4,420 | 5,695 | ||||
| Management | and certification | workshops | 7,606 | 2,159 | ||
| International | representation | 5,198 | 3,971 | |||
| Inspectors' fees | 53,504 | 52,345 | ||||
| Inspectors' expenses |
20,981 | 12,861 | ||||
| Other costs | 62,526 | 41,654 | ||||
| 267,039 | 252,588 | |||||
| Governance | costs | |||||
| Accountancy | and bookkeeping | 5,939 | 5,802 | |||
| Costs oftrustees' | meetings | 1,129 | 108 | |||
| Bank charges | 399 | 467 | ||||
| Other costs | 5,364 | 498 | ||||
| 12,831 | 6,875 | |||||
| Total resources expended | 494,180 | 441,779 | ||||
| Net expenditure | before gains | and losses | (53,169) | (2,174) | ||
| Realised recognised | gains and losses | |||||
| Realised gains/(losses) | on fixed | asset | ||||
| investments | 13,299 | 34,326 | ||||
| Net (expenditure)/income | (39,870) | 32,152 |