**Information required for your annual report** This is for Charities not subject to full Audit This information is required in order for you to comply with reporting requirements under the Charities Act. Please write your responses exactly as you want them to appear in your accounts. Use your mouse or tab key to move from grey box to grey box to complete this form. Once completed, save it and email it back to us. This is your chance to tell people what you do. Feel free to write as much as you like and we will put this into the report and accounts. Group’s full name: Bulwell Forest Garden Other names by which you are known: BFG. Bulwell Forest Community Garden The main contact address for the organisation: 7,Clarges Street, Bulwell, Nottingham, Nottinghamshire, NG6 9GJ Your charity registration number: 1160072 And (if applicable) Your company registration number: 07900256 |Names of all current trustees, (directors)|Names of all current trustees, (directors)|Names of all current trustees, (directors)| |---|---|---| |Name|Start date if not serving since the
start of this accounting period
**dd/mm/yy**|Office held (if applicable)| |David Roy Hames|10/04/22|Chair| |Jillian Hillary Burn||Secretary| |Julie Clarke||Trustee| |Sharon Daley||Trustee| |Katy Emma Leather||Trustee| |Joy Pauline Garside
Rice||Trustee| |Melkorka Stiller-
Magnusdottir|10/01/23|Trustee| |Robert Watchorn||Trustee| |Maureen Whyman|28/06/22|Trustee| Names of other trustees, (directors) who have served during the period covered by the accounts but are not currently serving. (Continue on a separate sheet if necessary) |necessary)|| |---|---| |Name|Date of resignation/departure
**dd/mm/yy**| |Nigel Page|10/01/23| |Karen Thompson|20/08/22| |Bill Blackamore|10/04/22| ||| **The names, job titles and remuneration & benefits paid to your senior management staff** Barbara Bates, Development Manager, £19,878 **The methods adopted for the recruitment and appointment of new trustees** (How are your trustees appointed?): Trustees must live or work in Bulwell or Bulwell Forest. Positions are advertised on-site and in social media/website, sometimes stating particular skills or background preferred to maintain diverse representation of local residents. New trustees must be recommended by an existing trustee and agreed in a committee meeting. ## **Objectives and activities** What are the formal purposes (objectives) of your charity, as set out in your governing document? To advance education and training, and relieve unemployment for inhabitants of Bulwell To relieve poverty, promote health and provide recreation and leisure facilities in the interest of social welfare, in particular through the promotion of a horticulture project. To sell locally sourced produce at a low cost to those accessing the project. What are your main activities? (the things you do in order to achieve the objectives) Activities we provide to achieve these outcomes include: growing fruit and vegetables cooking workshops a weekly lunch club seasonal events (eg Harvest Festival and Community Picnics) training workshops, environmental craft sessions family activity days outdoor pilates sessions forest school Lets Get Growing (outreach grow your own project) a weekly market shop. How do these activities benefit the public? Improved community cohesion (reducing isolation and increasing engagement across age and cultural barriers) Improved Health and well-being (increasing physical activity, healthier eating and developing self-confidence). Please confirm that you have considered the charity Commission’s guidance on ‘public benefit’. Click here for a link to this guidance. I can confirm that I have read and considered the above. ## **Summary of the main achievements during the period** What did you actually do? (You could add some statistics if you like, and give more detail of your ## activities): Through 2022, Bulwell Forest Garden has continued to support our community through the aftermath of COVID-19. We have supported 65 volunteers in their roles, with people volunteering with us for longer periods, benefiting from improved social connections and wellbeing. We delivered 12 community events throughout the year, including a special 10 year anniversary garden party and our school holiday family sessions, welcoming 2175 visitors. 87 people accessing the community garden reported feeling valued, 87 people reported feeling less lonely, 288 people reported improved well-being, 215 people felt more active, 277 people told us their diet had improved and 181 people learned new skills. Together we have grown more produce, sharing 328 amounts of fruit and veg with our volunteers, and 432 amounts of fruit and veg with the wider community for a small cost. Our Let's Get Growing project continued to support local residents in growing their own food at home, reaching 85 households. We saw unprecedented number of attendees at Lunch Club (70 people at the peak of summer), many of whom were families with toddlers, reflecting the demand for social eating from “lockdown babies” and their parents, serving 967 meals over the year. We continue to work closely with local schools, delivering a winter wonderland project in December for all local primary schools, including an interactive theatre production, a visit to Santa and nature based activities. We also continue to deliver our Schools Programme to schools throughout Nottingham, as well as welcoming our usual visits from Cubs, Guides and Scouts. Our Wildhearts Forest School (6-11 years) and Saplings (10-15 years) continue to be incredibly popular, and we have 43 regular attendees across both clubs. Nature in Mind continue to use our space for yoga and tai chi, and we hosted their Christmas celebration too. ## **Financial review** **Please comment on your financial position at the end of the reporting period** (You might for example, refer to the surplus or deficit you’ve made, or the movement in the fund balances. Are you happy? – the choice is yours. ) BFG is fortunate to have received several grants this year, all of which are going to plan, some will carry over into 2023. We have also completed several grants from previous years. At present we are in a good financial position. **What is your policy on reserves?** (Your policy should include: why you need reserves, the target level, your current position, your plans to increase or use your reserves and how often you review this policy. If you do not need reserves you should explain the reason.) With the help of a development grant from the National Lottery Community Fund, we are aiming to be more financially sustainable in the future. Our reserves of unrestricted funds have increased again this year, with these we hope to rely less on grants, although we'll still require some funding to function at the same level in the future. Reserves shall be maintained at a level which ensures that Bulwell Forest Garden's core activities could continue for a minimum of three months during a period of difficulty. The financial policy is reviewed on an annual basis. ## **What financial risks do you face?** There is always a chance that funding from grants will decrease, but we are working with our strategic business plan thanks to the lottery grant to reduce our risks and become more self sustainable. If we were unable to secure future funding we would have difficulties giving support to our more vulnerable volunteers and services to the community. ## **If any of your funds are in deficit, what are you planning to do about it?** No funds are in deficit. We follow the individual budget for each grant. **Detailed information if you hold funds for 3rd parties** (other groups or individuals): names and their main objects, a description of the assets held, opening balances/ in/ out/ closing balances N/A ## **Funds** **If your accounts include any designated or restricted funds, the notes to the accounts need to include a short explanation of the purpose and of each fund.** For example: Name of fund: “ _The vehicle replacement fund_ ” Purpose: “ _To build up sufficient funds to replace vehicles on a 5 year schedule_ ” ## **For each fund you hold, please give the details:** National Lottery Community Fund. 2nd of a 2 year grant for revenue costs, a development fund and resources. NCVS. Outreach project (let’s get growing) resources and paid workers. Severn Trent. Workshop and paid worker. BPR Medical. Purchase of ride on mower and storage container. Boots 22. Salary and paid workers. Bestwood Partnership 22. Pay for workers running forest school, young persons group and many events. Greenspace. Outreach project (let’s get growing) paid workers. Nottingham City Council 22. Events and training. Nottingham City Homes 22. Many events and paid workers. Several old funds from previous years were completed. ## **Additional information** ## **This is a chance to add any other information to your report.** For example: if you give grants, what is your policy? Do you want to say anything about your funders or supporters? BFG relies on grants and donations and we are very grateful for the donations we have received yet again this year from the local community and individuals. Company registration number.. 7900256 ChaTity regFi5tration number.. 1160072 Bulwell Forest Garden (A company limited by guarantee) Annual Report and Financial Statement5 for the Year Ended 31 January 202) Community Accounting Plus Unit5 1 & 2 North West 41 Talbot Street Noitingham NG15GL Bulwell Foresi Garden Contents Reference and Administrative Detsils Trnste¢s' Report 2to4 Independent Examinels Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8t0 18 Bulwell Foresi Garden Reference and Administrative Details Trustees Robert Watchorn Jill Burn Joy Riee Sharon Daley Katy Leather Julie Clarke David Roy Hames Maiir¢en Whyman Melkorka Stiller-magnusdottir 1160072 Charity Registration Number Company Registration Number 7900256 Registered Office 7 Clarges Street Bulwell Nottingham Nottinghamshire NG6 9GJ Ind¢p¢ndent Examiner John O'Brien, eTnployee of Community Accounting Plus Unit5 1 & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I Bulwell Foresi Garden Trustees, Report The irustees, Ivho are directors for the purposes of company law. present Ihe annual report together with the financial statements of the charitsble company for the year ended 31 January 2023. Trustees and officer5 The trustees and officers serving during the year and since the year end were as follows-. Trustees.. Robert Watchorn Karen Thoinpson (resigned 20 August 2022) Nigel Page (resigned 10 January 20231 Jill Burn Bill Blackamore {re5lgFned 10 April 2022) Joy Rite Sharon Daley Katy Leather Julie Clarke David Roy Hames (appointed 10 April 2022) Maureen Whymai) {appointed 28 June 2022) Melkorka Stiller-magnusdottir (appointed 10 January 2023) Structure? governance and management Nuture ofgovernillg documelli The charity is a CL)mpany limited by guarantee and registered chariry. It is operaied under the rules of its memorandum and anicles of association daied 61112012. It has no share capital and the liability of each member in the event of winding-up is limited to £ l. Recruilmenl ftppoinlmenl of iruslees Trustees inu5t live or work in Bulwell or Bulwell Forest. Positioi)s are advertised tsnsite and on social Inedi3Jw'eb51te. sometimes stating particular skills or back¥round preferred to inaiiitain diverse represeiitation of local residents. New tnjstees Inust be recommended by ali existing trustee and agreed iii a committee ineeting. Objectives and actii'iti Objeets dlms The Company's objectives are specifically restricted to the following.. al To advance educatitsn and tiaiiiing, and relieve unemplo}'ment foi inhabitants of Bulwell.. bl To relieve poverty, promoie healih and provide recreation and leisure facilities in ihe interest of social welfare, in particular ihrough the promoiioii of a horticulture projeci.. cl To sell locally sourced produce at a low cost to those accessing the project. Objeclives, slralegies aclivilies Activities ￿'e provide to achieve these autcomes include grom'ing fruit and vegetable%, conking workshop% and a ".eekly lunch club, seasonal events {e. Harvest Festival and ConiTnunity Picnics), training workshops, eiivirot]mental craft sessioiis, family activity days. outdoor pilates sessions, forest school, Let's Get Growing (outreacli grow your own project), and a weekly maTket Shop. Page 2 Bulwell Foresi Garden Trustees, Report Financial reTr'iew BFG is lortunate to have received several grants this year, all of which are going to plan. some will carry over into 2023. We have also completed several grants from previous years. At present we are in a good financial position. Policy om reserves With the help of a development grant from the National Lottery Community Fund. we are aiming to be more financially sustsinable in the fiiture. Oiir reserves of unrestricted funds have increased again this year, with these we hope to rely less on grants, although we'll still require some fvnding to function at the same level in the fiiture. Reserves shall be maintained at a level which ensures that Biilwell Forest Garden's core activities coiild continue for a minimiiin of three months during a period of difficlllty. Th¢ finan¢ial poli¢y is reviewed on an annual basis. Achievements and performanee Throutwh 20?2. Blllwell Forest Garden has continued to support our community through the aftennath of COVID-19. We have 5UPPOrted 65 Voluntee￿ in their role5, Wlth people volunteering with 115 for longer periods, benefiting froin improved Social connection5 and wellbeiiig. We delivered 12 community event5 throughout the year, including a special 10 year anniversary gardeii party and oiir School holiday family session5, welcoming 2,175 visitors. 87 people aceessing the community garden reported feeling valued, 87 people reported feeling less lonely, 288 people reported iTnproved well-being, 215 people felt Inoie active, 277 people told us their diet had improved nd 18 I people ledtned iiew skills. Together we have grown niore produce, 5harin¥ 328 amouiits of fTUit and veg witli our volunteers: and 432 amounts of fruit and ve¥ with the wider community for a sinall c05t. Our Let'5 Get Growiiig project continued to support local residei)ts in growing their own food at home. reaching 85 households. We saw unprecedented number of aiiendees at Lunch Club (70 people at the peak of summer), many of whom were families with toddlers, reflecting ihe demand for social eating from 'lockdoM'n babies" and their parents, serving 967 Meals over the year. We continue to work clL)sely with local schools, delivering a H'inter wonderland project in December for all local primary, schools. including an interactive theatre production. a visit io Sants and nature based activities. We also continue to deliver our Schools Programme to schools throughout Nottingham, as well as welcoming our usual visits from Cubs. Guides and Scouts. Our Wildhearts Forest School (6-1 l years) and Saplings (10-15 years) continue to be incredibly popular. and we have 43 regular attendees across both clubs. Nature in Mind continue to use our space for yoga and tai chi, and we hosied their Chrisimas celebration too. Puhlic benefit Imprvvtd cvmmunity cuhesiun (r¥ducin¥ isolation and incieaging en¥a¥tm¢nt across ag¢ ai)d cultural barritrs).. Improved health and well-being (increasing physical activity, healthier eating and developing self-confidencel. Page 3 Bulwell Forest G%irden Tru5tee5' Report The ttuslees confirm that they have Lomplied with the TequiTernents of section 17 of the Charities ALI 2011 to have du¢ regard to the public benefit guidance published by the Charity Commi55ion for England and Wales. St2temtnt of Respon$lbllltle$ The tnjstees (who dre the IlireLtor% of Bulwell Forest Ciardeth for the puryM)qes (Jf c(brnpany IAWI are re5POll5ible for preparing the ITUSt¢e5' report and the financial slat¢Tnents in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounting Practice), including FRS 102 "Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland" The reporr and account5 have been prepared in aLcordance with the provision5 in the Companies Act 2006 relaiing to small companies. Company law rcquires thc truslces to prepare financial statements for each financial year. Under compaTry law the trL]Stees m￿1 noi approve th¢ tinancial slalem¢nis unl¢ss ihey ar¢ satisfJ¢d ihiil they give a true and fair view of the state of affair5 of the chaTltablc company and of the incoffting re%ource% and application of Tcwurc&s. including its income and expendiiure, of the eharitable comwdny for that period. JD preparing these financial slaiements, the trustees are required to". selcci suirable accounting policies and apply ihcm consisicnily: observe the methods and principle5 in the Charities SORP; make jud8¢Tnents and ¢stiinate5 that aTC r¢asonable and prudent., stat¢ wh¢th¢r appli¢abl¢ a¢rountinB Startdards, rompris1118 FRS 102 hav¢ bccn followed, subject to any mttierial depariures disclosed and explained in the financial stAiements: and preparc the finallcial SL1￿Me11[5 Oll the ¥oing concern ba5i5 unless it 15 inappropnaTe io presume ihar Ihe charitable company will eonlinue in business. The trustees are responsible for keepin8 proper accounting records that can dis¢los¢ with r¢asunabl¢ accuracy at any titne the flnancial position of the charitable cottapally and enAble them to ensure that the finan¢ial stat¢m¢nts coniply witli ihe Coinpanies ALI 2006. Thcy are also respoiis&bl¢ for bafe8uaidiii¥ tl)r dsJ¥lb vf Ilir ¥li(u1￿blC company artd hence for taking reasoriable steps lor the prevention and detection of fraud and other i￿egUlarl1ies. The trustees ar¢ responsiblc for (he n)aintenanec and intL¥rity of Ihv rvrpL)rat¢ and finiinLial infornialion sncluded on the charitable company's website. Legislation goveTning the PiEparation and disseminaiion of r￿on¢la1 statements may differ from le8islotion in other juri8di¢lions. Small companies provision $tAtemellt This report has been prepared in accordatlce with the stnall companies regirne under th¢ Companies Aci 2006. The annual report vas approved by the tsvste¢s of the Chaniy on..14.- APR:.&nd sign¢d on its behalf by.. David Roy Hamcs Tn￿le¢ Pa8e 4 Bulwell Foresi Garden Independent Examiner's Report to the trustees of Bulwell Forest Garden {'the Company,) Independent examiner's report to the trustees of Bulwell Forest Garden {'the Company,) I repon to the charity trustees on my examination of the accounts of the company for the year ended 31 January 2023. Responsibilities and basis of report As the charity s trustees of the Company (and also its directors for the purposes of company law) }'ou are responsible flir rhe preparation of the accounts in accordance with the requirements of the Companies Aci ?006 ('the 2006 Act.). Having satisfied myself thai the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination: I report in respect of m), examination of }'our chariti s accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act-). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)Ib) of the 2011 Act. Independent examiner's statement I have COTnpleted my examination. I confilln that no matter5 have come to Tny attention in connection with the examination g5ivingF me cause to believe that in any material respect.. l. accounting records were not kept in regpect of the Company as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with Ihose records; or 3. the accounts do not COTnply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fail view which is not a matter considered as part of an independei)t examiiiation.. or 4. the accounts have not beeii prepared in accordance with the methods and principles of the Statement of Recommended Practice for accoui)ting ai)d reporiing by chaiities lapplicable to charities preparing their accounts in accordai)ee with the Financial Reporting Standard applitable in the UK and Republic ot. Ireland {FRS 102)]. I have no concerns and have come across no oiher 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. John O'Brien Msc. FAIA, FCCA, FCIE, employee of Community Accountii)g Plus Fellow of ihe Association of Charity Independent Examiners Units l & 2 North West 4 l Talbot Street Nottingham NGI 5GL Date-. 1710412023 Page 5 Bulwell Foresi Garden Statement of Financial Activities for the Year Ended 31 January 2023 {Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses} Total 2023 Total 2022 Unrestrieted Restricted Note Income and Endowments from.. Donations and le¥dcies Charitable activities 3.115 18,150 2,331 84,991 110,083 128,?3 Total Income 21,265 110,083 131,348 87,322 Expenditure on: Charitable artivities (2.835) (117.618) (1?0.453) (89,382) Total Expenditure 2,835 117.618 120.453 89,382 Nei incomel(expenditure) Transfers between funds 18,430 4,745 {7.53i) {4,745) 10,895 {2.060) Nei movement in funds 23,175 {12.280) 10,895 {2.060) Reconciliation of fund5 Tothl funds brought forward 75,653 77,713 Total funds carried fonvard 12 56.004 30,544 86,548 75,653 All of the charity's activities derive from continuing operations dllrin¥ the above two periods. Unrestricted Restrieted funds fund5 Total 2022 Note Income and EndowmeNt5 from. Donations and legacies Charitable activities 2,331 5,400 2,331 84,991 79,591 Total income 7,731 79,591 87,322 Expenditure on: Charitable activities {1.737) (87,645} (89.382) Total expenditure {1.737) (87,645} (89.382) Net incomel(expenditure) Transfers between funds 5,994 18,0541 {2,060) Net movement iii funds 5,992 (8,052) {2.060) Reconciliation of funds Total funds brought forward 26,8i7 50,876 77.713 Total funds ca￿led forward 12 The funds breakdown for the period is shown in note 12. 32,829 42,824 75,653 The notes on pages 8 10 18 fomi an iniegral part of these financial sta￿Ments. Page 6 Bulwell Forest Garden (Reglstration number: 7900256) Balance Sheet as at 31 January 2023 2023 2022 Nott Flxtd *sset$ Tangible assets 9,521 6,338 Currcnt assets DebtOTS Cash ai bznk and in hand 60 78,345 13.176 78,405 73.180 Credltor5- Amounts falling due within one ye8r 10 11.378) 13,8651 Net current Assets 77.027 69,315 Net ￿$t19 86,548 75.653 Fund5 ofthe eh8rity: Re$tricted income funds Restricted funds 12 30.544 42,824 Unreslrieted incorne funds Unrestricied funds 56,004 32,829 Total fund5 12 86.548 75,6S3 For ihe finsncigl ye9T ending 31 January 2023 the charity was entitled to ex¢rnption from audit under s¢¢tio 477 of the CoinpaDies Aci 2006 relaiiJ)g to sniall ¢oinpanies. Directors, te5ponsibilitie5'. The rnembers have not Tequired the charity to obtain an audit of its accounts for the year in qllcstion in Jccordance with se¢iion 470. and Thc dtrectors acknowledgc their rcsponsibilitiL% for complying wilh the requirements of the Aci with respect to accoulliing records and the preparation of accounts. These fmancial staiemenis have been prepared in 2¢¢0rdan¢e with (he special provisions relating io companies subjcci io thc small companies reL¢ime within Pdrl 15 ofthe Conipanie5 Act 2006. A* ltyr cial siaiemenls on Pagbes 6 to 18 were approved by the tNslees, and authorised for i&sue on and siRned on their behalf by.. Jill Burn Tn￿￿e The note5 on pages 8 to 18 forni an inLegral pari (Jf ihese financial siatemenis. P2ge 7 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 l Accounting policie5 Surnmarv of significant accounting polieies and key accounting estimates The principal accounting policie5 applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otheTWiSe Stated. Statement of compliance The financial statetnents have been prepared in accordance with Accounting and Reportin¥ by Charities.. Statement of Recominended Practice (applicable to charities preparin¥ their accounts in accordaiice with the Financial Reportin&T Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in Octobei 2019) (Charitie5 SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basi5 of preparation Bulwell Foresi Garden meets ihe definition of a public benefit entity under FRS 102. Assets and liabilities are iniiially recognised at historical cost or transaction value unless othenvise stated in ihe relevant accounting policy notes. Going concern The finai)cial statements have been prepared on a going concern basis. The trustees assess ivhether Ihe use L)f going concern is appropriate i.e. whether there are any maieria] uncertainiies related to events or condiiions that may cast significant doubt on the ability of ihe charity to continue as a going Concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. ExemptioTh from preparing a cash flow statement The charity, opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flo￿ staiemeni in these fjnancial staiemenis. Ineome and endowmtnts Voluntary income including donations, gifts, legacies and granis that provide core funding or are of a general naiure is recognised when the charity h&s entitlemeni to the income, it is probable thai the income will be received and the amount can be measured with sufficient reliability. DonulivK5 andlegllLies Donations are recogni5ed when the charity has been notified iii MTitin¥ of both the amount and 5ettleineiit date. Iii the event that a donatioii is subject to conditions that require a level of performaiice by the charity before the charity is entitled to the fund5, the it]cotne is derC￿ed and not recogFnised until either those conditions are fully Inet, or the lulfilrnent of thtsse conditions is wholly withiii the contrtsl of the chaiity and it is piobable that these conditions will be fulfilled ii) the ieptsrting period. Page 8 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 Expenditure All expendiiure is recognised once there is a legal or consiruciive obligation ts) that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expendilure heading that aggregate siinilar costs to that caietsory. Where costs cannot be directlv aiiribijted to particular headings they have been allocated on a basis consistent with the use of iesoiirces. with central staff costs allocated on the bagis of time spent. and depreciation chaiges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of stal'l. costs. Charilable uctivilies 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 na￿re necessary to support them. Taxation The charity. is considered to pass the tests set out in Paragraph I Schediile 6 of the Finance Act 2010 and therefore it meets the definition of a charitable coinpany for UK COTporatioii tax PUTP05es. Accordingly. the charity is potentially ekempt from taxation in respect of income or capital gains received within categories covered b}. Chapter i Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain5 Act 1992, to the extent that such income or ¥ains are applied exclusively to charitable PUTP05es. Tangible fixed assets Iiidividual fixed a5set5 Costing £500 or more are initiallv recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaim)ent losses. Depreciation and amortisation Depreciation is provided on tan(Tible fixed assets so as to write off the cost or valuation, less any e5tirnated residual value, over their expected useful economic life as follows.. Funiiture IOQ/D oli a straiuht liiie basi5. Equipment 20Q/o on a straight line basis. Trade debtors Trade debtors are amoui)ts due fn)m customers for merchandise sold or services performed ii) the OTdinary course of business. Trade debtors are recogiiised initially ar the transaction price. They are subsequently measured ai amortised cost using the etTeciive inierest niethod. less provision for inipaimieni. A provisilin for the impairmeni of irade debtors is established when there is objective evidence that the charity will not be able io collect all amounts due according to the original temis of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-temi highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Page 9 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 Trade credit(Trrs Trade creditors are obligations to pay for goods or services that have been acquired in ihe ordinary course of business from suppliers. Accounts payable are classilied as current liabilities it. the charity does not have an unconditional riJo t. at the end of the reporting period. to defer settlement of the crediior lor at least twelve Inonihs after the reporting date. If there is an untoiiditional riJ(T t to deter settleinent for at least twelve moi)ths after the reporting date, they are presented as non-current liabilities. Trade creditors are reeognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds ihai are available for use at the trustees, discreiion in funherance of the objectives of the chariry. Restricted income funds are those grants for use in g particular areg or for specific purposes: the use of which is restricted to that area or piirpose. Pensions and other post retirement obli2ations Thc charity opcrates a defincd contribution pension scheTne for employees. The assets of the scheme are held separatcly from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year. Page 10 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 2 Income from donatjolls and legacies Unrestrieted funds General Total 2023 Total 2022 Donations and legacies.. Donations from coinpanies, tTUSts and similar proceeds Donations from individuals 2.000 2.000 2.331 2.3il 3 Income from charitable actii'ities Unr¢stricled R¢5tri¢led funds Total 2023 Total 2022 General Grants & donations Lunch club Sundry receipts Produce income Workshop & events Venue hire 109,723 109,723 2,086 1,261 79,567 791 28 2,086 901 360 3,446 5,7i8 5,979 2,405 5,7i8 5,979 885 18,150 110,08i 84.991 4 Grant5 & donatiOnS Unrestricted funds Restricted funds Total National Lottery Community Fund Bestwood Partnership Boots Charitable Trust NCVS BPR Medical Ltd Noitingham City HL)mes Nottingham City Council SeveTn Trent Greeii Space John Lewis Amold Clarke Sundry 66,792 12,945 66,792 12,945 9,936 8.000 5,000 3,550 1,500 1,000 1.000 1,000 1,000 8,000 5,000 3,550 1,500 1,000 1,000 1,000 1,000 3,115 109,723 112,8i8 Pagell Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 S ExpeDditure on charitable aetivitie5 Unrestricted funds General Restrieted funds Total 2023 Total 2022 Coinmunications 144 Equipment Horticulture & garden works Insurance Legal & professional Mainienanee Materials & resources Sundry Purchases Printing & stationery Cooking resources Membership Sessional fees Traiiiing Travel 350 352 97 3,888 3,985 4,316 291 5,199 166 1.664 545 74 408 3,864 66 38,258 1,617 5,199 i14 1.664 976 74 408 4,007 66 38,258 1,814 5,262 248 879 226 148 431 1.139 2,780 143 34,690 140 14 263 197 249 249 Depreciation Salaries, Nl & pensions 1,817 1,817 61,270 1,018 37,972 61,270 2,835 117,618 120,453 89,382 Page 12 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 6 Staff e05ts The aggregate payroll costs were as follows.. 2023 2022 Staff Costs during the year were: Wages and salaries Pension costs 58,024 35,250 2,722 61,270 37,972 The inonthly averagFe number of persons {includin¥ senior management team) employed by the charity during the year was as folloivs.. 2023 No 2022 No Monthly average number of persons employed 4 (2022 - 3) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalled £3,246 {9022- £9 149). No employee received emoluments of more than £60.000 during the year. The total employee benefits of the key management personnel of the charity were £20,775 {2022- £17,577). 7 Tangible fjxed a55ets Furniture and equipment Total Cost At l February 2022 Additions 10,175 5.0(M) 10,175 5,000 At 31 January 2023 15.175 15,175 Depreciation At l Febrnary 2022 Charge for the year i,837 1.817 3,837 1,817 At 31 January 2023 5.654 5,654 Net book value At 31 January 2023 9,521 9,521 At 31 January 2022 6,338 6,338 Page 13 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 8 Debtors 2023 2022 Trade debtors Other debtors 60 60 9 Cash and cash equivalents 2023 2022 Cash on hand 13 78,332 19 73,157 Cash at bank 78,345 73,176 10 Creditors: amounts falling due within one year 2023 2022 Trade creditors Other taxation and social security Other creditors 2,640 271 954 394 984 1,378 3,865 I I Charity status The charity is a company limited by guaraiitee and consequeiitly does not have Share capital. Each of the trustees 15 liable to contribute an amount not exceeding £1 towards the assets of the charitj. in the event of liquidation. Page 14 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 12 Fund5 Balance at I February 2022 Balance at 31 January 2023 Incoming resourees Resourees expended Transfers UThrestricted funds General General 32.829 21,265 (2,835) 4,745 56.004 Restricted funds Ses%ions & artivities Sessional workers Reaching Communiiies Forest School & resources NCC 20 700 1,000 8,421 973 49 (700) (1,000) (8,421) 1,125 (2,098) 149) (1.000) NCC21 1.000 Garfield Weston Foundation J N Derbyshire Summer and Xmas events NCH21 Bestwood Partnership Coininlliiity Fund Green Space NCVS Sevem Trent BPR Medical NCC 22 1.990 559 193 4,124 18,018 2.680 (1,444) (559) 546 193 1,921 18,849 11,820 67,152 1,000 8,000 1,000 5,000 I,-fOO 9,936 3,550 (14,023) (74,742) (3,680) (7,740) (1,000) 8.421 260 {5,000) 25.5 (1,755) (1,471) 13,240) Boots 22 NCH 22 8,465 Total restricted funds 42,824 110,08i {117,618) (4,7451 30.544 Total funds 75,653 131,348 {120,453) 86,548 Page 15 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 Bk)lanee at I February 2021 Bal#nee #t 31 January 2022 Incoming resouyees Resources expended Transfers Unrestricted funds Gengral General 26,837 7,731 (1.737) 32,829 Restricted Sessions & activities 700 2.751 1,000 22,937 1,536 iOO 700 Awards For All Sessional workers Reaching Communiries Forest School & resources (2,751) 1,000 8,421 973 13,369 3,375 (27,885) (3,9?8) (251) (2,150) 15,299) NCC 20 49 NCC21 2,800 5.299 1.61i 5.000 3,000 2,000 1.940 350 1,000 NET Defra Garfield Weston Foundation J N Derbyshire Comic Relief 20 Pay & resource5 Suininer and Xma5 events (1,883) (1,010) (4,000) (1,942) 11,041) (1,057) (1,726) (30,379) (720) 3,117 1,990 2,000 1,600 1,250 5,850 48,397 559 193 4,124 18,018 2.680 NCH 21 Bestwood Partnership Community Fund Green Space Total restricted fuDd5 50.876 79.591 (87.645) 42,824 Total funds 77,71) 87,322 (89,382 75,653 Page 16 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 The specific purposes for which the funds are to be applied are a5 follows.. ReachiiigF Communities is to contribute towards the cost of 3 part time emplovees. financial siipport, capital cost towards garden. especially paying for sessional staff. An additional 2 year grant was recieved to contribute towards the Lunch cliib, volunteer co-ordinator. database and mobility accessibility. Nottinghain City Council is a contiibutioii to re50urce5. Sessional worker5 COTltribiite5 to the sessional workers costs. Bestwood Partnership fiinds contribute to a luncli club, forest School & resources to provide family and adult craft, cooking and play se55ions. Resource5 for the events, gTeneral garden needs & publicity. Events: resource5 & equipment is to be used to fund events. some of H.hich had been postyoned. NottinuFhain City Council ?0 is to be iised to fund resources and a 5tora¥e coiitaiiier. Nottingham City Council 21 is to be used to fund ¢onsultanLy fees for funding applications. Nottingham City Htsmes 21 is to be used to fund ongoing fee ai)d iesources costs. Nottin¥hain City Council ?2 is to contribute towards the Cost of paid woikers and iesources for 2 events and a forest schtsol workshop. Nottin¥hain City Hoines 22 is tts contribute towards the cost of paid workers and re50ur¢es for events through out the year. Garfield Weston Foundation is to contribute toward core funding. J N Derbyshire is io be used to fund the lunch club workers and resL)urces. NCVS is to contribute towards the cost of paid workers and resources for our 'Let's get growing. outreach project. Severn Treni is io coniribuie towards the cost of paid w'orkers and resources for a Womery WorkshLIP. BPR Medical is for the purch&se of a ride on MO￿.er and storage container for it. Boots 92 is to contribuie towards the cost of salary for our new Data Administrator and to pay our Community Gardener for sessions. Community fund is to contribute to salaries and fees as well as development funding. Green Space is to CL)niribute towards the cosr of a volunteer worker. The transfer from the BPR Medical fund to the General fund represents the net book value of fixed assets, the Use of which is not siibject to aiiy restriction. The tran5fei fron) the Reachin¥ Coinmunities fund to the Community fund reflects the groupit)g of funds based on like re5trictitsns on tl)e use of tl)ese funds. The transfer from the General fund to the NCC 22 fund is (o cover the deficit on this activity. 13 Analysis of net assets between funds Unrestricted 2023 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 9,521 46,483 9,521 78,405 {1,378) 31,922 {1,3781 Total net assets 56.004 30,544 86.548 Page 17 Bulwell Foresi Garden Notes to the Financial Statements for the Year Ended 31 January 2023 Unrestrieted 2022 Total funds General Restricted Tangible fixed assets Current a55et5 Current liabilities 6.338 26,491 6.338 7?,180 {3.865) 46,689 {3,865) Total net assets 32,829 42,8?4 75,653 14 Fees payable to iThdependent examiner During the period, the fees payable (excluding VATI to ihe charity's independent examiner Community Accounting Plus are analysed as fLIIIL)WS'. 2023 2022 Independent examination Other financial services 795 795 618 456 1,413 IS Trustee5 remuTheration and expen5e5 No twsrees, nor any persons connected with them, have received any remuneration from the charity during the year. No trnstees have received any reimbursed expenses or any other benefits from the charity during the year. 16 Related party transactions There were t]0 related party transactions in the year. 17 Taxation The charity is a registered chariry and is therefore exempt from taxation. Page 18 Buhvell Forest Garden Independent Examiner's Report to the trustees of Bulwell Forest Garden ('the Companv,) Independent examiner's report lo the irnstees of Bulwell Forest Garden ('the Company,) I repon io the charii) trustees on m} eiaminaiion ofihe accounts of the compan) lor the )ear ended J l January 2023. Re8ponsibilitie5 and basis Trl rewrt As ihe chariiy's irustees of ihe Companj" land also its direciors for ihe purposes of company laiv) sou are responsible tor ihe preparation of ihe accounts in accordance i¥ith ihe requirements of the Companies Aci 2006 (-the 2006 Aei"). HaviDg satisfied myself thai ihe accounts of the Company are ooi required io be audiie as required by section i86 of the 2006 Aet; or 2. the accounts do noi accord wilh those records. or ). Ihe accounts do not complv w'ith the accounling requirements of seaion 396 of the 2006 Act other than any reqllircmeni thai the accounts gil'e a -twe and fairf view ￿h1¢h is not a matter Considered as pan of an independent examination.. or 4. the accounts have not been prepared in accordance with the method5 and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charitie5 preparith¥ tlieir accounts in accordance with the Financial Re￿[tIng Standard applicable iii the UK and Republic of Ireland (FRS 102)]. L have no concerns and ha￿e come across no other matters in conneciion with the ekamination io which attention should be drawn in this repon in order to enable a prO￿r understsnding olthe accounts io be reached. John O'Brien MSC. FAIA, FCCA. FCIE. employee of Cotnmunity Accounting Plu5 Fellow of the Associaiion olchan.ly Independent Ewnine Units l & 2 North Wesi 41 Talbot Street Nottingham NGI 5GL Date.. 1710412023 Page 5