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**| 4 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| |---|---|---| 5 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| 6 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 8 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||| 9 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|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 10 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)**||| |||| |**Date**17|17thJune 2025|| 12 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: - examine the accounts under section 145 of the Charities Act, - to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) - of the Act, and - to state whether particular matters have come to my attention ## 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 accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or • 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 13 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: - The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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** : - Charities SORP (FRS 102) (effective 1 January 2015, as amended) - FRS 102 (Financial Reporting Standard applicable in the UK and Republic of Ireland) - Charities Act 2011 and CIO Regulations 2012 ## **Basis of Preparation** - Prepared on an accruals basis under the historical cost convention. - The CIO meets the definition of a public benefit entity under FRS 102. ## **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** - **Donations and legacies** : Recognised when the charity is notified in writing of the amount and settlement date. Conditional income is deferred until conditions are met. - **Grants receivable** : Recognised when entitlement is confirmed. Income with unfulfilled performance conditions is deferred unless fulfilment is probable. ## **Expenditure** - All costs are allocated directly to activities or apportioned using a staff time/floor space basis. - Expenditure eligible for future grant claims is deferred and matched to related income. ## **Charitable Activities** Includes direct costs (e.g., project delivery) and indirect support costs (e.g., IT, HR) necessary for service provision. ## **Support Costs** 16 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| 17 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| 18 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)
-| 19 ## 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