MO1774/MAS/MAH/LJ
13 April 2023
PRIVATE & CONFIDENTIAL
Mrs C H Compton Mount Pleasant School Farm Ridge Farm Kington Flyford Flavell Worcestershire WR7 4DH
Dear Candia
Accounts for the year ended 31 December 2022
I enclose a copy of the company s full financial statements for the year ended 31 December 2022 which are for filing at the Charity Commission by 31 October 2022.
These financial statements are for review by the trustees and if they are approved, I would be grateful if they could be signed (in black ink) and dated on the Balance Sheet on page 7 and also the Trustees ’ Report on pages 3 and 4 as indicated. Once I receive the signed copies, I will let you have a copy of the accounts for your records.
If you have any queries, please do not hesitate to contact me.
Yours sincerely
M A SKELLUM
Enc
Company registration number: CE002418 Charity registration number: 1159485
Mount Pleasant School Farm
Annual Report and Financial Statements
for the Year Ended 31 December 2022
Ballards LLP Oakmoore Court 11C Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH
Mount Pleasant School Farm
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Statement of Trustees' Responsibilities | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 13 |
Mount Pleasant School Farm
Reference and Administrative Details
Trustees Mrs C M Salmon Mrs C H Compton Mr C B Compton Mr B I Compton Mrs J E Cobain Mr F J Salmon Mrs M Cobain Principal Office Icknield Street Kings Norton Birmingham B38 0EH Company Registration Number CE002418 Charity Registration Number 1159485 Independent Examiner Ballards LLP Oakmoore Court 11C Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH
Page 1
Mount Pleasant School Farm
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2022.
Objectives and activities
Objects and aims
Mount Pleasant CIO was created to enable the school farm to run independently of the Worgan Trust. The Study Centre at Mount Pleasant Farm provides facilities for primary and infant school children from a wide area, but mostly from the Birmingham Education Authority, to visit a working farm with a range of livestock. Visits are arranged daily throughout the school year and are conducted by the Head of Centre.
Significant activities
Since Mount Pleasant School Farm became independent from Birmingham City Council’s Outdoor Learning Service in July 2014 15,316 children and young people have visited the Farm. The centre is excellent for a class of any age or ability to gain the experience of a day on a working dairy farm, with all the smells and noises which cannot be conveyed in a book or on a screen. Visits are tailored to the specific curriculum requirements of each school. The School Farm is managed by Nina Hatch who has been Head of Centre here, and at Chapman’s Hill, for 34 years. She is supported in the teaching by Nicky Jennings. In November 2019 Nina received a Bayer/LEAF Education Lifetime Achievement award for her contribution to Farming and Countryside Education.
Covid restrictions started to ease during this year but now child safeguarding issues have instead increased some school’s risk assessment concerns. Caution, and possibly a significant increase in coach hire costs, meant that visits have not yet returned to pre-Covid numbers. Since we only ever have one school group on the farm at a time this continues to make visits feasible for teachers of the younger 3 – 7-year-old age range(53%). Also for special schools and other groups, including home educated children (35%). Nicky Jennings has developed an Animal Care course which can be adapted to either the OCR or BTec syllabus. Two Birmingham Special schools have used this during 2022 for some of their older students with weekly half day visits for part of the year. The majority of visits are still from the Birmingham area, but the centre is now being accessed by schools in Solihull, Dudley, Worcestershire and Warwickshire. Our presence on social media we hope is attracting some younger teachers to think about using our facility. The classroom is also used by the local Wythall Young Farmers Club for some indoor meetings. To support the Young Farmers, we provided a small amount of sponsorship and a large banner for their 2022 County Show.
Our resident dairy farmer has increased the number of buildings around the site for cattle. The farm layout is now more logical to view. Thanks to drone equipment belonging to one of his contacts we can offer even more ways of looking at the site. In October we hosted a celebration of 50 years of the parent Worgan Trust supporting educational farming and used this as an opportunity to make our activities more apparent to the Bournville Village Trust who are the owners of the farm site.
The increase in Avian Flu across the UK led to a nationwide ‘bird lockdown’ which continued until early May. Fortunately this possibility had been anticipated several years ago and suitable netting had been provided over the top of part of our large free range pens. This meant that chickens could be on the site but away from wild bird contact. Unfortunately, this affects the true ‘hands on’ nature of the children dealing with them which we have always promoted. At least we can still allow pupils to see and learn about the poultry. We are now looking at gaining grant aid to change the design of the chicken pen area as every year Avian Flu seems to be meaning a longer time of restriction.
The website www.mountpleasantschoolfarm.com continues to be an essential marketing tool. A presence on Google searches plus membership of Farms for Schools, the School Farm Network and close links with LEAF Education, also give additional exposure through other databases.
Page 2
Mount Pleasant School Farm
Trustees' Report
Public benefit
The activities of the CIO and its' benefit to the public are detailed above.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
The trustees are monitoring the cashflows ofthe cashflows of the charity and at the end of the year end has £23,447 in cash available, which they expect to be sufficent to see the charity through the year.
Policy on reserves
The CIO is gradually building up reserves and actively looking for further funding.
Structure, governance and management
Nature of governing document
The charity has adopted the constitution of a Charitable Incorporated Organisation and was registered as such with the Charity Commission on 4 December 2014.
Recruitment and appointment of trustees
The recruitment and appointment of new trustees is at the discretion of the existing trustees.
Risk management
The trustees have a duty to identify and review the risks to which the CIO is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Regular meetings are held with the Head of Centre and the farmer during which risks to the CIO and its work are assessed and action taken where necessary A full range of School Policies are held and reviewed annually.
03 Apr 2023
The annual report was approved by the trustees of the charity on ~~....................~~ and signed on its behalf by:
~~.........................................~~
Mrs C H Compton
Trustee
Page 3
Mount Pleasant School Farm
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Mount Pleasant School Farm for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
03 Apr 2023
Approved by the trustees of the charity on ~~....................~~ and signed on its behalf by:
~~.........................................~~ Mrs C H Compton Trustee
Page 4
Mount Pleasant School Farm
Independent Examiner's Report to the trustees of Mount Pleasant School Farm
I report on the accounts of the charity for the year ended 31 December 2022 which are set out on pages 6 to 14 .
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the 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, and seeking explanations from you as 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 matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and
• to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...................................... Mark Skellum FCA Ballards LLP
Oakmoore Court 11C Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH
Date:.. 19 April 2023 ...........................
Page 5
Mount Pleasant School Farm
Statement of Financial Activities for the Year Ended 31 December 2022
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Investment income 4 Total Income Expenditure on: Charitable activities 5 Total Expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 8 |
Total Unrestricted funds 2022 £ 7,000 14,042 46 21,088 (30,965) (30,965) (9,877) (9,877) 30,350 20,473 |
Total Unrestricted funds 2021 £ 34,039 6,712 3 |
|---|---|---|
| 40,754 | ||
| (25,455) | ||
| (25,455) | ||
| 15,299 | ||
| 15,299 15,051 |
||
| 30,350 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 8.
Page 6
Mount Pleasant School Farm
(Registration number: CE002418) Balance Sheet as at 31 December 2022
| Note Current assets Debtors 6 Cash a t bank and i n hand Creditors: A m ounts falling due within one year 7 Net assets Funds o f the charity : Unrestricted income funds Unrestricted funds Total funds 8 |
2022 | 2021 £ 840 32,821 |
|---|---|---|
| £ | ||
| 935 23,447 24,382 |
||
| 33,661 |
||
| (3,909) | (3,311) | |
| 20,473 20,473 20,473 |
30,350 | |
| 30,350 | ||
| 30,350 |
The financial statements on pages 6 to 14 were approved by the trustees, and authorised for issue on ~~03 .................... Apr 2023~~ and signed on their behalf by:
~~.........................................~~ Mrs C H Compton Trustee
Page 7
Mount Pleasant School Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Mount Pleasant School Farm meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
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 the income receivable can be measured reliably.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Page 8
Mount Pleasant School Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 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 exempt from taxation in respect of income or capital gains received within categories covered 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.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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's discretion in furtherance of the objectives of the charity.
Page 9
Mount Pleasant School Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
2 Income from donations and legacies
| Unrestricted funds General £ Grants, including capital grants; Government grants - Grants from other charities 7,000 7,000 3 Income from charitable activities Unrestricted funds General £ Education and training 14,042 4 Investment income Unrestricted funds General £ Interest receivable and similar income; Interest receivable on bank deposits 46 5 Expenditure on charitable activities Unrestricted funds Note General £ Education and training 26,075 Support costs 4,890 30,965 6 Debtors Trade debtors Page 10 |
Total 2022 £ - 7,000 7,000 Total 2022 £ 14,042 Total 2022 £ 46 Total 2022 £ 26,075 4,890 30,965 2022 £ 935 |
Total 2021 £ 12,039 22,000 |
|---|---|---|
| 34,039 | ||
| Total 2021 £ 6,712 |
||
| Total 2021 £ 3 |
||
| Total 2021 £ 19,012 6,443 |
||
| 25,455 | ||
| 2021 £ 840 |
||
Mount Pleasant School Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
7 Creditors: amounts falling due within one year
| 7 Creditors: amounts falling due within one year |
||
|---|---|---|
| Trade creditors Accruals |
2022 £ 1,759 2,150 3,909 |
2021 £ 1,311 2,000 |
| 3,311 |
Page 11
Mount Pleasant School Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
8 Funds
| 8 Funds |
|||||
|---|---|---|---|---|---|
| Unrestricted funds General General Unrestricted funds General General 9 Analysis of net funds Cash at bank and in hand Net debt 10 Analysis of net assets between Current assets Current liabilities Total net assets |
Balance at 1 January 2022 £ 30,350 Balance at 1 January 2021 £ 15,051 funds |
Incoming resources £ 21,088 Incoming resources £ 40,754 At 1 January 2022 £ 32,821 32,821 |
Resources expended £ (30,965) Resources expended £ (25,455) Cash flow £ (9,374) (9,374) Unrestricted funds General £ 24,382 (3,909) 20,473 |
Balance at 31 December 2022 £ 20,473 Balance at 31 December 2021 £ 30,350 At 31 December 2022 £ 23,447 |
|
| 23,447 | |||||
| Total funds £ 24,382 (3,909) 20,473 |
|||||
Page 12
Mount Pleasant School Farm
Notes to the Financial Statements for the Year Ended 31 December 2021
11 Taxation
The charity is a registered charity and is therefore exempt from taxation.
12 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
13 Related party transactions
There were no related party transactions in the year.
Page 13
Mount Pleasant School Farm
Detailed Statement of Financial Activities for the Year Ended 31 December 2022
| Income and Endowments from: Grants Furlough other Covid 19 grant income Teaching sessions Services provision Investment income Total Income Expenditure on: Staffing and teaching costs Animal feed and husbandry Light heat water and rates Telephone and broadband Office expenses Website and advertising Property maintenance Professional fees Insurance Bank charges Accountancy and legal fees Total Expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2022 £ 7,000 - 12,935 1,107 46 21,088 (16,816) (2,720) (2,017) (419) (436) (435) (4,522) (642) (551) (73) (2,334) (30,965) (9,877) (9,877) 30,350 20,473 |
Total 2021 £ 22,000 12,039 6,000 712 3 |
|---|---|---|
| 40,754 | ||
| (10,869) (2,274) (1,406) (444) (1,876) (159) (4,463) (1,242) (634) (6) (2,082) |
||
| (25,455) | ||
| 15,299 | ||
| 15,299 15,051 |
||
| 30,350 |
Page 14
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