Company gistratIon number." CE002418 Charity registration number.. 1159485 Mount Pleasant School Farm Annual Report and Financial Statements for the Year Ended 31 December 2023 Ballards LLP Oakmoore Court 11C Kingswood Road Hampton Lovett Dro1ICh Worcestershire WR9 OQH
Mount Pleasant School Farm Contents Reference and Adminislralive Details Trustees, Report 2to3 Statement of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements 8t013
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 OEH Company Registration Number CE002418 Charlty Reglstratlon Number 1159485 Independent Examiner Ballards LLP Oakmoore Court 11C Kingswood Road Hampton Lovett Dro1ICh w0stershIre WR9 OQH 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 finan¢i81 statements of the ¢h81it8ble wmp8ny for the year ended 31 Decernber 2023. Obj•ctiv•s and activitiès Objects andaims 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 faalities 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 activitiès Since Mount Pleasant S¢hool Farm became independent from Birrningham City Council's Outdoor Learning Service in July 2014 and up lo the end of December 2023. 17.375 Children and young people have visited the Farm. The centre is excellent for a dass of any age or ability lo gain the experience of a day on 8 working dairy farm. with 811 the smells and noises which cannot be conveyed in a book or on a screen. Every visit is tailored lo the specific curriculum requirements of 8 school. The School Farm is managed by Nin8 Hatch who has been Head of Centre here and previously at Chapman's Hill, for 35 year5. She Is supported In the teaching by Nicky Jenning5. In November 2019 Nina reIVed a 8ayerlLEAF EdLJcation Lifetirne Achievernent award for her contribution to Fartning and Countryside Education. While Covid restrictions have been officially removed child safeguaiding Issues have instead increased school's risk assessment concerns. This means that some teachers are cautious about taking their pupils out of school and coach hire prices have also increased significandy. Consequently, visit numbers have not yet returned to pre-covid levels. As we only ever have one school group on the farm at a time visits the School Farm is particulady attractive to teachers of younger Foundation and Key Stage 1 pupils. 550/0 of visits during this year have been for 3- 7-year-old children. Nicky Jennings has also developed an Animal Care course which can be adapted to the requirements of older Special School students. During this year 250/0 of visits were for this type of weekly ha day course for part of the year. Many visits are still from the Bimingham area, but increasingly our proximity to the M42 has encouraged schools in Solihull, Dudley, Sandwell, WorTrstershire, and Warwickshire. Our presence on soaal media we hope is attracting younger teachers to think about using our faality. The classroom continues to be a regular meeting space for the local Wythall Young Farmers Club. To support them and other WOrStershIre Young Farmers, we have again provided sponsorship and a large banner for their 2023 County Show. Our resident dairy famier has increased the number of buildings around the site for cattle. The fam layoul is now more logical and the introduction of two robots to assist in running the cattle shed mean that schools can view 21st century famiing techniques. The October 2022 celebration of 50 years of our parent Worgan Trust supporting farming education has also resutted in the Bournville Village Trust, the landowners, becoming rnore aware of our work. The spread of Avian Flu across the UK bird population in 2023 meant th81 there has been 8 significant period of this ye81 in 'biid lockdown, To rnilig8le against any future iestriclions affeding either the h8nd54)n style of school visits. or the health of our poultry, the ohioken's pens were completely rebuilt in August. The birds were tsken off sile throughout and just beyond the school sumtner break. Thanks lo 8 significant grant from another Cadbury Trust, we now have better housing and fencing cotnpliant with Defra Avian Flu standards. Both the birds and school visitors Clear appreciate the new blockwork bLJilding and partially covered areas. The websrte www.mountpleasantschoolfam.com continues to be an essential marketing tool. A presenee on Google searches plus membership of Fatms for Schools, the School Faim Nelwoik, and dose links wth 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 cotnplied wth the requirements of section 4 of the Charities Act 2011 to have dLJe regaid to the public benefit guidance published by the Charity Commission foi England and Wales. Flnanclal revlew The trustees are rnonitoring the cashflows of the Chaiity and 81 the end of the year has £18,782 in cash aV8liable. which they expect to be 5ufficent to see the chaiity through the year. Policy on reserves The CIO 15 gradually building up reserves and adively looking for further funding. Structure, governance and management Naturè ofgovèming doeumont The charity has adopted the constitution of a Charitable Incorporated Organisation and was registered as such with the Ch81ity Cornrnission on 4 Dember 2014. Recruitment and appointment of trustees The recruitment and appointment of new Iruslees 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 lo the CIO and its wotk are assessed and action taken where necessary. A full range of School Policies are held and reviewed annually. 21 May 2024 The annual report was approved by the Iruslees of the charity on behalf by: and signed on its 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 lawl are responsible for preparing the trustees, report and the financial statements in accordan with the United Kingdom Accounting Standards (United Kingdom Generally ACpted Accounting Practice) and applicable law and regulations. Company law requires the Iruslees 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 stale of affairs of the charitable company and of Ils incoming resourTrs and application of resources, including its income and expenditure, for that period. In preparing these financial stalemenls, the Iruslees are required lo.. select suitsble accounting policies and apply them consislenuy., observe the methods and principles in the Charities SORP., make judgements and eslimales that are reasonable and prudent", state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the charitable company will continue in business. The Iruslees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy al any time the financial position of the charitable company and enable them lo 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. 21 May 2024 and signed on its behalf by. Approved by the trustees of the charity on Mrs C H Compton Trustee Page 4
Mount Pleasant School Farm Indopendont Examiner's Report to the trustegs of Mount Pleasant School Farm I report on the accounts of the charity for the year ended 31 December 2023 which are sel out on pages6 10 14 Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the putposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ilhe 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, il is my responsibility to.. examine the accounts under section 145 of the 2011 Act., lo follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of the 2011 Act., and lo stste whether particular matters have come to my attention. Basis of Independent examlner'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 a¢count5, 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 awounts 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 lo my attention.. 111 which gives me reasonable cause lo believe that in any material respect the requirements.. . 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 121 to which, in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. Mark Skellum FCA Ballards LLP Oakmoore Court 11C Kingswood Road Hampton Lovell DrO11¢h Worcestershire WR9 OQH Date.. 21 May 2024 Page 5
Mount Pleasant School Farm Statement of Financial Activities for the Year Ended 31 December 2023 Total Total Unrestricted Unrestricted funds funds 2023 2022 Note Income and Endowments from: Donations and legacies Charitable activities Investment income 42,180 16,581 149 7,000 14,042 46 Tol81 Income 58,910 21,088 Expenditure on: Charitable activities 165,0251 130,9651 Total Expenditure 65,0251 30,965 Net expenditure Net movement in funds 6,115 9,877 16,1151 19,8771 Reconciliation of funds Total funds brought forward Total funds carried forward 20,473 30,350 14,358 20,473 All of the charity's activities derive from continuing operations during the above periods. The funds breakdown for 2022 is shown in note 8. Page 6
Mount Pleasant School Farm {Registration number: CE002418) Balance Sheet as at 31 December 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand 15 18,782 18,797 935 23,447 24,382 Creditors: Amounts falling duo Within one year 4,439 13,909 Net assets 14,358 20,473 Funds ofthe charity: Unrestricted income funds Unreslricled funds 14,358 20,473 Total funds 14,358 20,473 anc tements on pages 6 to 14 were approved by the trustees, and authorised for issue on 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 2023 1 Aceounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are sel 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 Practi applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 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 al historical cost or transaction value unless otherwise slated in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the charity's ability lo continue as a going concern nor any significant areas of UnrtaInty that affect the carrying value of assets held by the charity. Exemption from preparing a Cash flow statement The charity opted to eady 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 receivablg Grants are recognised when the charity has an entillemenl lo the funds and any conditions linked lo the grants have been met. Where performance conditions are attached to the grant and are yel lo be mel, the income is recognised as 8 liability and induded on the balance sheet as deferred income lo be released. Investment Income Dividends are recognised On the dividend has been declared and nots'fication has been reIVed of the dividend due. Page 8
Mount Pleasant School Farm Notes to the Financial Statements for the Year Ended 31 December 2023 Expendlture All expenditure is recognised On 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 lo the applicable expenditure heading that aggregate similar costs lo that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consislenl with the use of resources, with central staff costs allocated on the basis of lime 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 ils activities and services for ils beneficiaries. It includes both costs that can be allocated directly lo such activities and those costs of an indirect nature neSSary 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 il meets the definition of a charitsble company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains reiVed 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 lo 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 lo an insignificant risk of change in value. Trade creditors Trade creditors are obligations lo 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 e1ve months after the reporting date. If there is an unconditional right to defer settlement for at least Ie1ve months after the reporting date, they are presented as non-current Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unreslricled income funds are general funds that are available for use at the Iruslees'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 2023 2 Income from donations and legacies Unrestricted funds Total 2023 Total 2022 General Gmnls, including Capit81 grants, Grants from other charities 42,180 42,180 7,000 42,180 42,180 7,000 3 Income from charitable activities Unrestrlcted funds Total 2023 Total 2022 General Education and training 16,581 16,581 14,042 4 Investment income Unrestricted funds Total 2023 Total 2022 General Interest receivable and similar income., Interest ceIVable on bank deposits 149 149 46 5 Expendlture on charltable actlvltles Unrestricted funds Total 2023 Total 2022 General Note Education and training Support costs 58,676 6,349 58,676 6,349 26,075 4,890 65,025 65,025 30,965 Page 10
Mount Pleasant School Farm Notes to the Financial Statements for the Year Ended 31 December 2023 6 Debtors 2023 2022 Trade debtors 15 935 7 Creditors: amounts falling due within one year 2023 2022 Trade creditors Accruals 2,289 2,150 1,759 2,150 4,439 3,909 Page 11
Mount Pleasant School Farm Notes to the Financial Statements for the Year Ended 31 December 2023 8 Funds Balance at 31 Decembor 2023 Balance at 1 January 2023 Incoming resources Resources expended Unrestricted funds General General 20,473 58,910 65,025 14,358 Balance at 31 December 2022 Balance at 1 January 2022 Incoming resources Resources expended Unrestricted funds General General 30,350 21,088 30.965 20,473 9 Analysis of net funds At31 December 2023 At 1 January 2023 Cash flow Cash at bank and in hand 23,447 {4,665} 18,782 Net debt 23,447 14,6651 18,782 10 Analysis of net assets between funds Unrestricted funds General Total funds CLJrrent assets Current liabilities 18,797 14,4391 14,358 18,797 14,4391 14,358 Total nel assets Page 12
Mount Pleasant School Farm Notes to the Financial Statements for the Year Ended 31 December 2023 11 Taxation The charity is a registered charity and is therefore exempl 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 transactlons 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 2023 Total 2023 Total 2022 Income and Endowments from: Grants Teaching sessions SerVis provision Investment income 42,180 15,390 1,191 149 7,000 12,935 1,107 46 Total Income 58,910 21,088 Expendlture on: Staffing and leaching costs Animal feed and husbandry Light heat Water and rates Telephone and broadband Office expenses Website and advertising Propety maintenan Professional fees Insurance Bank charges Accountancy and legal fees 119.6341 12,9601 11,5121 15531 11,6241 14791 134,5701 16601 16231 1701 12,3401 116,8161 12,7201 12,0171 14191 14361 14351 14,5221 16421 15511 1731 12,3341 Total Expenditure 165,0251 30,9651 Net expenditure 6,115 19,877 Net movement in funds 16,1151 19,8771 Reconciliation of funds Total funds brought forward 20,473 30,350 Total funds carried forward 14,358 20,473 Page 14 SuileFiles Document Signing R Digi5ndbysUrteFllo5 Duments1gnin Dal8-2Q240521 052B28 +W SignBturer4u83d Lwb¢n.. User IP $4 1 1B 126