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← The Paradise Co-Operative

2024-12-31-accounts

Company registration number: CE003247 Charity registration number: 1159176

The Paradise Cooperative CIO

Annual Report and Financial Statements

for the Year Ended 31 December 2024

Triple Bottom Line Accounting (TBLA)

The Enterprise Centre, University of East Anglia, Norwich, NR4 7TJ

The Paradise Co-operative

Contents

Reference and Administrative Details 3 Trustee’s report 4-12 Independent Examiner’s Report 13 Statement of Financial Activities 14 Statement of Financial Position 15 Notes to the Financial Statements 16-20

2

The Paradise Co-operative

Reference and Administrative Details

Trustees Mr S Thompson Rachel Stokes Paul Roger Lickman Joanne Osborn John Deakins Claire Powell Principal Office 5 Tranmere Road, London SW18 3QH, UK Company Registration Number CE003247 Charity Registration Number 1159176 Independent Examiner Triple Bottom Line Accounting (TBLA) The Enterprise Centre University Drive Norwich NR4 7TJ

3

The Paradise Co-operative

Trustees’ Annual Report for the period

From 01 Jan 2024 To 31 Dec 2024

Charity name: The Paradise Co-operative

Charity registration number: 1159176

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The charity has two combined objectives
1. To promote and provide for the benefit of
the community, facilities for education and
other leisure time occupation with the
object of improving the quality of life of the
public at large.
2. To advance the education of the public
at large in agriculture, horticulture, animal
husbandry protection and improvement of
the natural environment, through best
environmental practice including the use of
no chemicals and minimal use of
machinery
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Community Volunteering
We ran free weekly volunteer sessions
throughout the year. Our community joined
us to learn new skills in sustainable urban
growing and connect with others.
1. Community Growing Volunteer
Sessions
Volunteers of all ages and backgrounds
join us every Sunday to grow and learn
together. Regular free workshops
enhance educational value for
volunteers.
2. Mindful Growing Volunteer Sessions
Designed to improve physical and
mental health and wellbeing and
combat loneliness and isolation by
allowing local people to learn new skills
in a welcoming and inclusive space. We
provide free workshops and activities to
support nature connection.
Community Food Initiative

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The Paradise Co-operative

Through our Community Food Initiative, we continue to support local social enterprises with donations of organically grown, sustainable produce. All produce is sown, grown, and harvested by our volunteer community. Excess produce is shared with volunteers. Schools Education Programme 2024, over 3,000 children from local primary schools visited to take part in sessions designed to connect them with nature through curriculum-led workshops. We also worked with schools to deliver assemblies focused on biodiversity and provided staff training, equipping teachers with practical advice on connecting children with nature. Additionally, we offered free workshops to 90 children in receipt of pupil premium funding, focusing on activities that enhance wellbeing through nature connection Wildlife Regeneration Biodiversity enhancements took place across our garden, including the installation of ponds, creation of pollinator habitats, and the addition of bird boxes. We also continued leading community education efforts focused on protecting and enhancing urban wildlife. Additionally, we participated in a broad range of national campaigns focused on monitoring and recording plant and animal populations in urban spaces Community Workshops and Events We offered a broad range of community workshops aimed at providing participants with new skills while fostering meaningful community connections. These events included community cooking sessions, educational opportunities, and activities for children and families. We also hosted several community build sessions, where members learned practical skills in sustainable urban design.

Statement confirming whether the
trustees have had regard to the		 Para 1.18 Trustees have read the guidance
issued by the Charity Commission
on public benefit

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The Paradise Co-operative

guidance issued by the Charity Commission on public benefit

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 Community Education
Across our volunteer programmes and
events, there were over 1,150 volunteer
attendances. Participants engaged with
vital opportunities for environmental
education, helping them develop skills
related to sustainable food growing and
land management for biodiversity. 93% of
adults who took part agreed they learnt
something new at our events.
Over 3,000 children benefited from
opportunities to engage in curriculum-led,
nature-focused workshops, supporting
them in developing a lasting connection
with nature while enhancing educational
objectives.
Community wellbeing
Our workshops and volunteer sessions
help local people build lasting connections

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The Paradise Co-operative

with both their community and nature. 100% of participants at our partnership events reported they connected with others through nature. Through all our programmes, we aim to enhance wellbeing by providing opportunities to connect with nature and others in a unique, biodiverse environment. We recorded a 28% increase in wellbeing from before to after our workshops, which are designed to foster community connection and wellbeing. Volunteers are able to contribute meaningfully to their wider community, both by supporting our on-site projects and by contributing to our Community Food Initiative. Positive environmental impact We provide our volunteers with the skills they need to grow food using sustainable methods and promote biodiversity beyond our garden. By growing food for local social enterprises within a mile of our garden, we reduce food miles and encourage the use of local, sustainable produce. Last year, 400kg of food was grown and donated through our Community Food Initiative.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives

7

The Paradise Co-operative

Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 The Charity continues to work towards a
sustainable operating model through
charging for education courses to cover the
costs of operating them and maintaining
the field site for the wider community.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Cash reserves are held for expected legal
fees connected with a planned site tenancy
agreement and a contingency fund to
ensure contractors can still be paid in the
event of a cash flow crunch.
Amount of reserves held Para 1.22 The unrestricted balance at the end of the
year was £20,499.
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 The Charity remains dependant on a single
field site held under an agreement with the
Ministry of Justice and on being able to
generate income from school education
courses.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity

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The Paradise Co-operative

Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g. unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Appointment by existing trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

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The Paradise Co-operative

Reference and Administrative details

Charity name The Paradise Co-operative
Other name the charity uses
Registered charity number 1159176
Charity’s principal address 5 Tranmere Road, London SW18 3QH, UK

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body)
entitled to appoint trustee (if
any)
Scot Thompson Chair of Trustees
Joanne Osborne Trustee
Paul Lickman Treasurer
John Deakins Trustee
Rachael Stokes Trustee
Claire Powell Trustee 1-Jan-2024 to 29-Feb-2024

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The Paradise Co-operative

– Corporate trustees names of the directors at the date the report was approved

Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

11

The Paradise Co-operative

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Signature(s)
Full name(s) Full name(s)
Scott Thompson		 Paul Lickman
Position (eg Secretary, Chair Treasurer
Chair, etc)
Date17 17thJune 2025

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The Paradise Co-operative

Independent Examiner’s Report to the trustees of The Paradise Co-Operative

I report on the accounts of the charity for the year ended 31 December 2024 which are set out on pages 11 to 18.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, with the seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Peter Ellington FAIA

Triple Bottom Line Accounting Limited The Enterprise Centre University of East Anglia Norwich NR4 7TJ

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The Paradise Co-operative

Statement of Financial Activities for the Year Ended 31[st] December 2024

Notes
Income and Endowments
from:
Grants and Donations
3
Charitable activities
4
Total Income
Expenditure on:
Charitable activities
5
Governance costs
6
Staff costs
7
Total Expenditure
Net income/(expenditure)
Transfers
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12
Notes
Income and Endowments
from:
Donations and legacies
3
Charitable activities
4
Total Income
Expenditure on:
Charitable activities
5
Governance costs
6
Staff costs
7
Total Expenditure
Net income/(expenditure)
Transfers
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
Restricted
Funds
Total 2024
£
£
£
45,222
102,669
147,891
41,399
-
41,399
86,621
102,669
189,290
46,444
51,350
97,794
13,036
-
13,036
19,807
7,514
27,322
79,287
58,864
138,152
7,334
43,805
51,139
-
-
-
7,334
43,805
51,139
13,165
20,993
34,158
20,499
64,798
85,297
Unrestricted
Funds
Restricted
Funds
Total 2023
£
£
£
-
57,836
57,836
44,931
-
44,931
44,931
57,836
102,767
15,369
44,799
60,168
1,306
-
1,306
25,009
12,248
37,258
41,684
57,047
98,730
3,247
789
4,036
0
0
0
3,247
789
4,036
9,919
20,204
30,123
13,165
20,993
34,158

14

The Paradise Co-operative

Statement of Financial Position for the Year Ended 31[st] December 2024

Note
Current assets
Debtors
10
Cash at bank and in hand
Creditors: Amounts falling due within one
year
Net assets
Funds of the charity:
Restricted funds
Unrestricted funds
Total funds		 2024
2023
£
£
4,464
-
80,968
34,158
85,431
34,158
135
-
85,297
34,158
-
-
64,798
20,993
20,499
13,165
85,297
34,158

For the financial year ending 31 December 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements on pages 12 to 20 were approved by the trustees, and authorised for issue on ___ and signed on their behalf by:

.........................................

15

The Paradise Co-operative

Notes to the Financial Statements for the Year Ended 31 December 2024

1. Charity Status

The Paradise Cooperative CIO is a Charitable Incorporated Organisation (CIO) registered in England and Wales. It operates under the Charities Act 2011 and is governed by its constitution. As a CIO, it has no share capital, and trustees have no financial liability beyond their obligations under charity law.

2. Accounting Policies

Summary of Significant Accounting Policies and Key Accounting Estimates

The principal accounting policies applied in these financial statements are set out below. These policies have been consistently applied unless otherwise stated.

Statement of Compliance

The financial statements comply with :

Basis of Preparation

Going Concern

The trustees confirm there are no material uncertainties about the charity’s ability to continue as a going concern. The financial statements are prepared on this basis.

Exemption from Preparing a Cash Flow Statement

The charity has adopted SORP Bulletin 1 (February 2016) and is exempt from presenting a cash flow statement.

Judgements

Key judgements include the allocation of support costs, recognition of restricted income, and impairment of assets. Estimates are based on historical experience and trustees’ assessment of future events.

Income and Endowments

Expenditure

Charitable Activities

Includes direct costs (e.g., project delivery) and indirect support costs (e.g., IT, HR) necessary for service provision.

Support Costs

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The Paradise Co-operative

Central functions (e.g., finance, administration) allocated to activities using a reasonable and consistent basis.

Governance Costs

Includes audit fees, trustee training, and statutory compliance costs.

Taxation

The charity is exempt from UK corporation tax under Section 478 of the Corporation Tax Act 2010, provided income is applied for charitable purposes.

Trade Debtors

Recognised at transaction price and measured at amortised cost. Provisions for impairment are made where recovery is uncertain.

Cash and Cash Equivalents

Includes cash in hand, bank deposits, and short-term liquid investments with minimal risk of value change.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented

as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

3.Income from donations and legacies

Donations and legacies
Grants		 Unrestricted
Funds
Restricted
funds
Total 2024
Total 2023
£
£
£
£
45,222
-
45,222
-
-
102,669
102,669
57,836
45,222
102,669
147,891
57,836

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The Paradise Co-operative

4 Income from charitable activities

Beekeeping
Sales
Services
Other income		 Unrestricted
Funds
Restricted
Funds
Total 2024
Total 2023
£
£
£
£
-
-
-
1,628
33,667
-
33,667
29,863
2,732
-
2,732
-
5,000
-
5,000
13,440
41,399
-
41,399
44,931

5.Expenditure on charitable activities

Courses
Garden
Schools 2022/23
Running costs
Subcontractor cost
Miscellaneous
Materials
Subscriptions
Bank Charges
Computer Software
Repairs
Printing, Postage & Stationery		 Unrestricted
Funds
Restricted
Funds
Total 2024
Total 2023
£
£
£
£
-
-
-
850
-
-
-
43,370
-
-
-
11,693
-
-
-
3,540
40,971
38,798
79,769
-
-
-
-
714
4,288
12,433
16,721
-
240
-
240
-
117
-
117
-
140
-
140
-
665
119
784
-
23
-
23
-
46,444
51,350
97,794
60,618

6. Governance costs

Accountancy fees
Insurance
Legal fees		 Unrestricted
funds
Restricted
Funds
Total 2024
Total 2023
£
£
£
£
1,308
-
1,308
578
728
-
728
728
11,000
-
11,000
-
13,036
-
13,036
1,306

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The Paradise Co-operative

7. Staff Costs

Salaries
Employers Pension
Number of staff
8. Debtors
Trade debtors
PAYE		 Unrestricted
funds
Restricted
Funds
Total 2024
Total 2023
£
£
£
£
19,576
7,341
26,917
37,258
231
173
405
-
19,807
7,514
27,322
37,258

9. Funds

9. Funds
Unrestricted funds
General funds
Beekeeping funds
Corporate Events
Paradise Learning
Total Unrestricted
Restricted funds
Community Garden NLCF (21-24)		 Balance at
Incoming
Resources
Balance
at
01-Jan-24
resources
expended
31-Dec-24
£
£
£
£
5,548
56,381
(47,152)
14,777
7,617
-
(7,617)
-
-
1,963
(1,963)
-
-
28,277
(22,555)
5,722
13,165
86,621
(79,287)
20,499
5,816
13,997
(19,813)
-

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The Paradise Co-operative

Community Garden NLCF (24-27)
Send Schools and Families Project
Wimbledon 25
Paradise Together
Flax Project
Wandsworth Micro Grants
Wandsworth Grant Fund -
Accessibility
Wandsworth Grant Fund -
Biodiversity
Designated Reserves
Total restricted funds
Total funds
Unrestricted funds
General funds
Beekeeping funds
Corporate Events
Paradise Learning U
Total Unrestricted
Restricted funds
Community Garden NLCF (21-24)
Send Schools and Families Project
Wimbledon 25
Paradise Together
Wandsworth Micro Grants
Wandsworth Grant Fund -
Accessibility
Wandsworth Grant Fund -
Biodiversity
Designated Reserves
Total restricted funds
Total funds		 -
61,345
(15,737)
45,608
(47)
-
-
(47)
-
15,981
(15,981)
-
-
500
-
500
-
1,000
(1,000)
-
6,224
-
(6,224)
-
-
9,845
(108)
9,737
9,000
-
-
9,000
20,993
102,668
(58,863)
64,798
34,158
189,290
(138,152)
85,297
Balance at
Incoming
Resources
Balance
at
01-Jan-23
resources
expended
31-Dec-23
£
£
£
£
3,090
43,303
(40,845)
5,548
6,829
1,628
(840)
7,617
-
-
-
-
-
-
-
-
9,919
44,931
(41,685)
13,165
1,204
47,822
(43,210)
5,816
10,000
14
(10,061)
(47)
-
-
-
-
-
-
-
-
-
10,000
(3,776)
6,224
-
-
-
-
9,000
-
-
9,000
20,204
57,836
(57,047)
20,993
30,123
102,767
(98,732)
34,158

20