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|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||8|to|13|
|Detailed Statement ofFinancial Activities||14|to|15|
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|||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies|||19,350|39,782|59,132|97,039|
|Charitable|activities|||||||
|Farming||||155,417||155,417|147,139|
|Investment|income|||477||477|19|
|Other income||||2,511||2,511|9,432|
|Total||||177,755|39,782|217,537|253,629|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Fundraising||||4,718||4,718|2,186|
|Farming||||131,330|57,686|189,016|196,349|
|Corporate|governance|||1,456||1,456|2,220|
|Administrative
costs||||26,987|1,660|28,647|14,921|
|Financial costs||||227||227|566|
|Total||||164,718|59,346|224,064|216,242|
|NKT INCOME/(EXPENDITURE)||||13,037|(19,564)|(6,527)|37,387|
|RECONCILIATION||OF FUNDS .||||||
|Total funds|brought
forward|||368,463|35,349|403,812|366,425|
|TOTAL FUNDS CARRIED FORWARD||||381,500|15,785|397,285|403,812|
##
||Balance Sheet|Balance Sheet||||
|---|---|---|---|---|---|
||31|December 2022||||
|||||31.12.22|31.12.21|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible
assets||232,035|189,464|421,499|408,030|
|CURRENT ASSETS||||||
|Cash at bank||154,478|10,462|164,940|189,394|
|CREDITORS||||||
|Amounts
falling due within one year|6|(5,013)|(9,725)|(14,738)|(11,007)|
|NET CURRENT ASSETS||149,465|737|150,202|178,387|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||381,500|190,201|571,701|586,417|
|CREDITORS||||||
|Amounts
falling due after more than one year|7||(174,416)|(174,416)|(182,605)|
|NET ASSETS||381,500|15,785|397,285|403,812|
|FUNDS||||||
|Unrestricted
funds||||381,500|368,463|
|Restricted funds||||15,785|35,349|
|TOTAL FUNDS||||397,285|403,812|
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|Improvements
to property|Improvements
to property|Improvements
to property|20%on cost, 10%on cost, 2% on cost and 1%on cost|
|---|---|---|---|
|Plant and|machinery||25%on cost, 20% on cost, 15%on reducing balance and 10%|
||||on cost|
|Farming|equipment|-mechanical|15%on cost|
|Farming|equipment|-other|20%on cost and 10%on cost|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Improvements||
||Long|to|Plant and|
||leasehold|property|machinery|
|COST||||
|At 1 January 2022|80,000|329,378|22,064|
|Additions||28,328|5,570|
|Disposals||||
|At 31December 2022|80,000|357,706|27,634|
|DEPRECIATION||||
|At I January 2022|2,803|40,028|945|
|Charge for year|800|12,588|2,793|
|Eliminated
on disposal||||
|At 31 December 2022|3,603|52,616|3,738|
|NKT BOOK VALUE||||
|At 31 December 2022|76,397|305,090|23,896|
|At 31December 2021|77,197|289,350|21,119|
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|TANGIBLE FIXEDASSETS - continued||||||
|---|---|---|---|---|---|
||Farming|Farming||||
||equipment|equipment||Computer||
||—mechanical|—other||equipment|Totals|
|COST||||||
|At
1 January 2022|36,097|15,846||4,870|488,255|
|Additions|6,486||||40,384|
|Disposats|(5,000)||||(5,000)|
|At 31December 2022|37,583|15,846||4,870|523,639|
|DEPRECIATION||||||
|At 1 January 2022|23,466|11,454||1,527|80,223|
|Charge for year|5,701||1,895|1,019|24,796|
|Eliminated
on disposal|(2,879)||||(2,879)|
|At 31 December 2022|26,288|13,349||2,546|102,140|
|NKT BOOK VALUE||||||
|At 31 December 2022|11,295||2,497|2,324|421,499|
|At 31 December 2021|12,631||4,392|3,343|408,032|
|CREDITORS: AMOUNTS FALLING DUK WITHIN ONK||YEAR||||
|||||31.12.22|31.12.21|
|Trade creditors||||1,117|90|
|Social security and other taxes||||2,746|2,756|
|Other creditors|||||1,253|
|Accrued expenses||||1,150|2,172|
|Deferred capital grants||||9,725|4,736|
|||||14,738|11,007|
|CREDITORS: AMOUNTS FALLING DUE AFTER MORE||THAN ONK||YEAR||
|||||31.12.22|31.12.21|
|Deferred capital grants||||174,416|182,605|
|MOVEMENT IN FUNDS||||||
|||||Net||
|||||movement|At|
|||At|1.1.22|in funds|31.12.22|
||||f|||
|Unrestricted
funds||||||
|General
fund||368,463||13,037|381,500|
|Restricted
funds||||||
|Restricted fund||35,349||(19,564)|15,785|
|TOTAL FUNDS||403,812||(6,527)|397,285|
##
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||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|General fund|||177,755|(164,718)|13,037|
|Restricted
funds||||||
|Restricted
fund|||39,782|(59,346)|(19,564)|
|TOTAL FUNDS|||217,537|(224,064)|(6,527)|
|Comparatives
for movement||in funds||||
|||||Net||
|||||movement|At|
||||At 1.1.21|in funds|31.12.21|
|Unrestricted
funds||||||
|General fund|||342,220|26,243|368,463|
|Restricted
funds||||||
|Restricted
fund|||24,205|11,144|35,349|
|TOTAL FUNDS|||366,425|37,387|403,812|
|Comparative
net movement|in|funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|General fund|||180,935|(154,692)|26,243|
|Restricted
funds||||||
|Restricted
fund|||72,694|(61,550)|11,144|
|TOTAL FUNDS|||253,629|(216,242)|37,387|
##
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|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.21|in funds|31.12.22|
|Unrestricted
funds||||
|General fund|342,220|39,280|381,500|
|Restricted
funds||||
|Restricted fund|24,205|(8,420)|15,785|
|TOTAL FUNDS|366,425|30,860|397,285|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|358,690|(319,410)|39,280|
|Restricted
funds||||
|Restricted fund|112,476|(120,896)|(8,420)|
|TOTAL FUNDS|471,166|(440,306)|30,860|
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|Donor|Purpose||Fund||
|---|---|---|---|---|
|East Suffolk Council|Mower, strimmer,
secret garden||Restricted|6,266|
|TOTAL RK CAPITAL ITEMS||||6,266|
|Leading Lives|Funding for converting
hay barn|to veg area|Restricted|3,000|
|East Suffolk Council|Wheelchair
Access Path||Restricted|3,000|
|Norfolk County Council|Litt course 2nd instalment||Restricted|6,429|
||Learning
and Growing Healthier|Together|||
|Groundwork
UK TE|Course||Restricted|1,125|
|Norfolk County Council|Litt course 3rd instalment||Restricted|6,428|
|East Suffolk Council|Community
Garden||Restricted|4,650|
|East Suffolk Council|Clover Court Visits||Restricted|2,520|
|Suffolk County Council|J.Muir||Restricted|3,600|
|Suffolk County Council|Lonely &Isolation Group||Restricted|2,400|
|East Suffolk Council|Warm Rooms Grant (cost ofliving)||Restricted|2,860|
|Suffolk Community
Foundation|Project with Gunton Primary School||Restricted|2,000|
|Suffolk Community
-Grant|Warm Rooms Grant (cost ofliving)||Restricted|1,770|
|TOTAL RE REVENUE ITEMS||||39,782|
##
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||for the Year Ended 31|December 2022||
|---|---|---|---|
|||31.12.22|31.12.21|
|INCOME AND|ENDOWMENTS|||
|Donations
and legacies||||
|Donations||16,687|22,621|
|Gilt aid||983|1,291|
|Grants||39,782|72,694|
|Gate donations||1,680|433|
|||59,132|97,039|
|Investment
income||||
|Bank interest received||477|19|
|Charitable
activities||||
|Service user fees||155,417|147,139|
|Other income||||
|Government
Covid-19 grants|||9,432|
|Other income||2,511||
|||2,511|9,432|
|Total incoming|resources|217,537|253,629|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||73,844|73,277|
|Social security||2,700|2,256|
|Pensions||1,278|1,080|
|Farm maintenance||24,053|37,339|
|Livestock costs||4,948|2,880|
|Fundraising
expenses||4,718|2,186|
|||111,541|119,018|
|Support costs||||
|Management||||
|Wages||60,247|57,814|
|Social security||3,357|3,199|
|Pensions||1,140|1,072|
|Rates and water||2,424|293|
|Insurance||4,849|4,346|
|Light and heat||11,595|5,507|
|Administration|costs|5,354|1,682|
|Postage and stationery||594|193|
|Stafftraining||2,539|2,082|
|Travel and subsistence||1,292|818|
|||93,391|77,006|
||||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|---|
||||for the Year Ended 31December 2022|||
|||||31.12.22|31.12.21|
||||||f|
|Management||||||
|Finance||||||
|Bank charges||||227|566|
|Depreciation||||||
|Long leasehold||||800|800|
|Improvements|to property|||5,267|7,555|
|Plant and machinery||||2,302|424|
|Farming
equipment||-mechanical||4,653|5,415|
|Farming
equipment||-other||1,895|2,827|
|Computer
equipment||||411|411|
|Loss on sale|oftangible fixed assets|||2,121||
|||||17,449|17,432|
|Governance|costs|||||
|Accountancy|and legal fees|||1,456|2,220|
|Total resources|expended|||224,064|216,242|
|Net (expenditure)/income||||(6,527)|37,387|