Company registrdtion number: 7900256 Charity registration number: 1160072 Bulwell Forest Garden (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended J l January 2024 CommuIiity Accounting Plus Units l & 2 North West 41 Talbot Street Nottinu NGI 5GL
Buhvell Forest Garden Contents Reference and Adminlstrative Delails Trustees, Report 2to4 Independent Examine¢s Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8t019
Buhvell Forest Garden Reference and Administrative Details Trustees Robert Walchorn Jill Burn Julie Clarke David Roy Hame5 Maureen Whyman Melkorka StilleT-Magnusdottir Andrew Jones Sarita-marie Rehman-wall Lauren Gibbons Charity Registration Number 1160072 Companv Registration Number 7900256 Registered Olee Mellish StK)rts Centre Kemmel Road Nottingham NG6 9FH Independent Examiner John O'Brien. employee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
Buhvell Forest Garden Trustees, Report The trustee5, who are director5 for the PUTPOSe5 of company law. present the annual report together with the financial statements of the charitable company lor the year ended 31 January 2024. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Tnte¢S.. Robert Walchorn Jill Burn Joy Rice (resigned 17 June 202J) Sharon Daley (resiJied 16 March 2023) Katy Leather (resigned 16 March 2023) Julie Clarke David Roy Hames Maureen Whyman Melkorka Stiller-magnusdottir Andrew Jones (appointed 21 June 202)) Sarita-marie Rehman-wall (appointed 8 January 2024) Lauren Gibl)ons (apwinted 17 January 2024) Structure, governance and management Nature ofgoverning documenl The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 0610112012 - most recentlv amended 2511112014. It has no share capital and the liability, of each member in the event olwinding-up is limited to £ l. Recruitmenl and appoinlmenl of Iruslees Trustees must live or work in Bulwell or Bulwell Forest. Positions are advertised onsite and on social media/website: sometimes staling 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 Objects ond aims The Company's objectives are specifically restricted to the folloiving: a) To advance education and training. and relieve unemployment for inhabitants of Bulwell: b) To relieve poverty, promote health and provide recreation and leisure facilities in the interest of soclal welfare, in particular through the promotion of a horticulture project; c) To sell locally sourced produce at a low cost to those accessing the project. Objeellves, slraiegles and acilvitles Activities we provide to achieve these outcomes include growing f1t and vegetables: cooking workshops and a weekly lunch club, seasonal events (e.g. Harvest Festival and Communili, Picnics), training workshops, environmental craft sessions, family aclivity days. outdoor pilates sessions, forest school, Let's Get Growing (outreach grow your own projec(), and a week-ly market shop. Page 2
Buhvell Forest Garden Trustees, Report Financial review Policy on reserves Reserves shall be maintained at a level which ensures that Bulwell Forest Garden's core activities could continue for a minimum of three monihs during a period of difficulty. The financial policy is reviewed on an annual basis. Achievements and performaDce During the period, we supported 67 volunteers across the organsation, in food growing, conservation, event delivery and cooking. Overall, Ive provided i79 veg batss to volunteers free of charge. and sold 5)6 veg bags to the wider community at an affordable price. Our produce is also used at our weekly Lunch Club. where we served 613 IMeals over the period. We hosted 8 family events, welcoming 1,712 people. and 5 adult nature based Workshops, welcoming 75 people. We fa¢ilitaied i8 school visits. supwrting Eco topics and the national ¢urri¢ulum. We also delivered 2 festivals Outdoor Shakespeare, welcoming 200 people and our Winter Wonderland festival, welcoming over 1,000 people. Throughout these activities at BFG, we have received-. 121 reports of people feelin£ valued- 213 reports of improved social connections- 332 reports of improved well-being. 1,350 reports of improved diet in children visiting events- 554 reports of people leaming new skills. In response to the successes across all our projects, Bulwell Forest Garden launched a Crowdfunding campaign in May 2023 to raise money for an eco-garden room. allowing us to deliver activities "M,hatever the weather" We were very huTnbled to receive £23,599 in donations. far exceeding our taruet of £15,000, with £12000 being donated by members of our communit),. demonstrating the value of the commuv]ity garden to local people. We received financial and practical support froTn Save Our Wild Isles during the CrO'dfunding campaign: as well as grant funding from Award5 for All: bringing the total funds to £36,8fv1. We are T]ow receiving help from Barrett Homes, J Mccann and Co and NCC sustainability team to design and build of the project, for which we are very grateful. We have protected our reserves due to income from school visits, venue hire and produce sales, enabling us to independently fund our very popular Lunch Club and provide emergency funding if needed in the absence of future grant tunding. Although we hope this not to be the case, we need to prepare for such eventualities, following funding cuts from Nottingham city council: and the growing demand on national grant providers such as the National Lottery and People's Health Trust. We would like to thank Bestwood partnership, our local councillors. and NCC housing services for their ongoing support, as well as our friends at one vision partnership, our social prescribing team: and our local primary schools who we work closely with to ensure we respond to local needs. Public benefil lrnproved community cohesion (reducing isolation and increasing engagement across age and cultural barriers)- Improved health and well-being (increasin? phvsical activity.. healthier eating and developing self-confidence). The trustees confirm thai they have complied wilh Ihe requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Buhvell Forest Garden Trustees, Report Statemellt of Responsibilities Tli¢ lIusl5 (whu <1150 the direcioT5 of Bulwell Foresi fjarden for ihe pur5¢5 of company law) are responsible for preparlng the trustees, report and the financial statements in accordan¢e with applicable law and United Kingdom Accounting StÈthd8rds (Unitcd Kingdom Gcncrdlly A¢c¢pt¢d ACutIll8 Piactic¢}. iii¥ludiii¥ FRS 102 "The Financial ReIrting Standard applicable in the UK and Republic of Iland, The report and ACC.niTrnt< h?ve. iw.n prepared in accordance with the provisions in the Companies Act 2006 r¢lating to small companies. Company law r¢quirc5 th¢ ttU5tfCS to Prepa fiiwicial stai¢iiEriiLs fur rd¥li fin<1a1 yur. Under wmpany law the trustees must not approve the financial staiements unless they are satisfied that they give a true and fair view of the state of affairs of the eharitable company and of the incoming resources and application of resources, including Its income and expenditure. of the charitable company for that perio(L In preparing these financial statements. the tnteeS are required io: select suitable accounting policies and applv them consistently- observe the methods and principles in the Charities SORP. make judgements and estimates that are r¢&sonabl¢ and prudent: state whether applicable accounting standards. comprising FRS 102 have been followed. subject to any material departures disclosed and explain¢d in the financial stat¢m¢nts' nnd prepare the financial statements on the gotng concern basis unless it is inappropriate lo presume that the ¥hI1bIr wvnpdny will coniinue in busincss. The trustees are resw)nsible for keeping proper accounting records that can disclose with reasonable accuracy at any tiEfte the financial posttion of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also reswnsible for safeguarding the assets of the charitable company and hence for kIng rea50nable steps for ihe prevention and detection of traud and other irregularities. The trustees are resw)nsible for the maintenance and integrity of the corporate and fmancial inforniation included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other JurisdilOn5. Small eompanies provision gtatement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. The annual rewrt was approved by the trnstees of the charity on .16...AtR..•and signal on its behalf by: Davi Trustee oy Hames Page 4
Buhvell Forest Garden Independent Examiner's Report to the trustees of Buhvell Forest Garden ('the Company,) Independent exalniner's report to the trustees of Bulwell Forest Garden ('the Company,) I report to the charity trustees on my examinalion of ihe accounis ofthe company for the year ended 31 January 2024. Re5ponsibilitie5 and basis of report As the charity's trustees of the Company (and also its directors for the purposes of Company law) you are responsible for the preparation of the accounts in accordance with the requiremenls of the Companies Act 2006 ('the 2006 Act ). Having satisfied myself that 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 my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (-'the 2011 Act,). In carrving out my examination I have follom'ed the Directions given by the Charity Conunission under section 145(5)(b) of the 2011 Act. Independent examiner's Statement I have completed my examination. I confim) that no matters have come to my attention in connection with the examination giving me cause to believe Ihat in any material respect: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act- or 2. the accounts do not accord w'ith those records- or the accounts do not comply with the accounting requirements of sectloll i96 of the 2006 Act other than any requirement that the accounts give a "true and fail view M."hich is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection M'ith the examination to which attention should be dra 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 Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 2210412024 Page 5
Buhvell Forest Garden Statement of Financial Activities for the Year Ended 31 January 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities 462 16,926 29,332 124,907 29,794 141,833 3,115 128,?33 Total Income 17,388 154,239 171,627 131,348 Expenditure on: Charitable activities (17,711) (112,639) (130,J50) (120,453) Total Expenditure (17,711) {112.6J9} (130,J50) (120,453) Net (expenditure)lincome Transfers between funds 41,600 292 41,277 10,895 {?92) Net movement in funds {615) 41,892 41,277 10,895 Reconciliation or funds Total funds brought fonvard 56,004 86,548 Total funds carried fonvard 12 55.389 127,825 86,548 All of the charity's activities derive from continuing operations during the above two periods. Unrestricted Restricted runds fund5 Total 2023 Note Income and Endowments from: Donations and legacies Charitable activities 3.115 18,150 3,115 128,233 Total income 21,265 10,083 131,348 Expenditure on: Charitable activities (2,835) (117,618) (120,453) Total expenditure (2.835) (117,618) (120,453) Net income/(expenditure) Transfers between funds (7,535) (4,745) 10,895 4.745 Net movement in funds 23.175 (12,280) 10,895 Reconciliation of funds Total funds brought fonvard 32,829 42,824 75,653 Total funds carried fonvard 12 The funds breakdown for the period is shown in note 12. 56,004 86,548 The note5 on pages 8 to 19 form an integral part of these financial statetnents. Page 6
Buhvell Forest Garden (Registration number: 7900256) Balance Sheet as at 31 January 2024 2024 2023 Note Fixed assets Tangible assc 7,704 9.521 Current assets Debtors Cash at bank and in hand 656 121.549 60 78,345 122.205 78.405 crltors. Amounts falling due within one year io (2,084) (1.378 Iyei curreni Assets 120.121 77,027 Net assets 127 825 Funds of the charity: Restricted income funds Regtrlcted ndS i? 30,544 Unrestricted income funds Unrestricled funds 55.389 56.004 Total funds 12 127.825 86,548 For the financial year ending 31 January 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, restA)nsibilities: The members have not required the chaTity to obtain an audit of its aUnts for the year in question in accordance wtth section 476" and The directors acknowledge their reswnsibilities for complying with the requirements of the Act with respect to accounting records and the preparntion of accounts. These financial statements have been prepared in accordance with the Special provisions lating to companies subject to the small companies regime within Part 15 of the Companies Art 2006. cial statements on pages 6 to 19 were approved by the trustees. and authorised for issue on d signed on their behalf by: Jill Burn Trustee The notes on pages 8 to 19 forni an integrdl part of these financial statements. Page 7
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 l Accounting policie5 Sumtnary 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 con51Stently applied to all the years presente(L unless otherwise stated. Staten]ent of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Praclice (applicable to charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland {FRS 102)) (issued in October 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 Buliyell Forest Garden meets the definilion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or trdnsaciion value unless otherwise ststed in the relevant accounting policy notes. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the 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. Exemption from preparing a cash flow slatelnent Under the exemption available io smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows ithin the financial statements. Income and endowments Voluntary income including donations. gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with s1¢ient reliability- Donalion5 and legocies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfomance by the charity before the charity is entiiled to the funds. the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charlty and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and an>, conditions linked to the grants have been met. Where perfonnance 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. Page 8
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 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 agregate similar costs to ihat 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 ihe spread of staff costs. Charitable activilies 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. Government grants Government grants are recognised based on the accrual tnodel and are measured at the fair value of the a55et received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is r¢cognis¢d as deferred income. Taxation The charity is considered to pass the tests set out in Paragraph I 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 ) Part I l of the Corporation Tax Act 201 O or Sectioii 256 of the Taxation of Chargeable Gains Act 1992, 10 the extent thai such income or gains are applied exclusively to chariiable purposes. Tangible fixed assets Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreclation and subsequent accumulated impainnent losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to WTite off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows= Furniture l O % on a straight line basis. Equipment 20 % on a straight line basis. Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method. less provision lor impairnient. A provision for the impaimient of trade debtors is established 'hen there is objective evidevjce that the charity will not be able to collect all amouv]ts due according to the original terms of the receivable5. Page 9
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 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 haTre 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 liabilitie5. 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 objective5 of the charity. Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately 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
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 2 Income from donations and legacies Unrestrieted funds General Restrieted funds Total 2024 Total 2023 Donations and legacies- Donations from individuals Grants, including capital grants: Government grants Grants from other charities Grants from companies 462 1,335 1,115 10,349 10.349 3.000 15,110 15,110 2,000 462 29.794 3 Income from charilable acli)'ities Unrestrieled funds General Restricted funds Total 2024 Total 2023 Grants & donations 124,907 124,907 1.018 1.264 4.696 1.914 8,034 109,723 1,261 2,086 5,738 3,446 5,979 Sundry receipts Lunch club Workshop & events Produce income Venue hire 1,018 1264 4,696 1,914 16,926 124,907 141,833 128,233 Pagell
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 4 Grants & donations Unrestricted funds Restricted funds Total National Lottery Community Fund Bestwood Partnership Awards for All Groundwork UK Nottingham City Homes Nottingham City Council Thomas Farr Barratt Developments PLC Miniclip UK Natural England Mansfield Building Society BrO1e-Jacobs0n Gift Aid NCC - Housing Services Innes England Green Space Individuals & sundry 69,376 16,550 10,000 6,500 1,250 655 3,000 6,210 5,000 4,999 1,000 800 695 2.750 500 1.600 69,376 16,550 10,000 6,500 655 3,000 6,210 5,000 4,999 1,000 800 695 2,750 500 1.600 462 462 154,2)9 154,701 Page 12
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 5 Expenditure on charitable activitie5 Unrestrieted funds General Restrieted funds Total 2024 Total 2023 Communications Equipment Horticulture & garden works Insurance Legal & professional Maintenance 192 192 166 6,212 842 5.506 408 1.642 1,597 166 1,605 842 2,187 97 1,610 106 1,269 352 3,985 4,607 5,199 314 1,664 976 74 Materials & resources Sundry Purchases Cooking resources Printing & stationery Membership Sessional fees Training Travel Utilities Depreciation Salaries, NI & pensions 1,491 112 452 150 3.840 609 4,007 408 66 459 4,415 194 42.290 769 38,258 1,814 575 lil 1,817 192 249 1,817 62,751 1,817 61,270 62.268 17,711 112.6J9 130,350 120,453 Page IJ
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 6 Staff costs The aggregate payroll costs were as folloivs= 2024 2023 Staff costs during the year were: Wages and salaries Pension costs 58,024 62,751 The monthly average number of persons (including senior management team) employed by the charity during the year was as follows= 2024 2023 Monthly average number of persons employed 3 (2023 - 4) of the above employees participated in the Defmed Contribution Pension Schemes. Contributions to the eTnployee pension Schemes for the year totalled £3,178 (2023 - £3,246). 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 £20.012 {2023 - £20,775). 7 Tangible fixed assets Furniture and equipment Total Cost At l February 202) 15,175 15,175 At 31 January 2024 15,175 15,175 Depreciation At l February 2023 Charge for the year 5,654 1.817 5,654 1,817 At i l January 2024 7,471 7,471 Net book value At 31 January 2024 7,704 7,704 At 31 January 2023 9.521 9,521 Page 14
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 8 Debtors 2024 2023 Trade debtors 656 60 9 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 55 121,494 13 78,332 121,549 78,345 10 Creditors: amounts falling due within one year 2024 2023 Trade creditors Other taxation and social security Other creditors 60 1,492 984 2,084 1,378 I I Charity status The charity is a company limited by guarantee and consequevjtly does not have Share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. Page 15
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 12 Funds Balance at I February 2023 Balanee at 31 January 2024 Incoming resourees Resources expended Transfers Unreslrieted funds General General 56,004 17,)88 {17,711) {292) 55,389 Restricted funds Let's Get Growing Eco Garden Room NCVS Grow, Cook & Play National Lottery Community Fund Natural England Thomas Farr NCC 23 NCH 21 J N Derbyshire Boots 22 Bestwood Partnership Community Fund Green Space NCH 6.500 47,559 (4,931) 1,569 47,559 260 (260) (6,210) 6,450 240 (20,235) (3 ?93) (3.000) (655) (193) (546) (8.465) (10,154) (52,537) (1.600) (560) 15,745 1,706 4.999 655 193 546 8,465 1,921 18.849 13,850 33,396 1.600 250 5,617 292 Total restricted fund5 154,2J9 (112,639) 292 72,436 Total funds 86,548 171,627 (130,J50) 127,825 Page 16
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 Balance at I February 2022 Balanee at 31 January 2023 Incoming resources Resources expended Transfers Unreslricled funds General General 21,265 (2,835) 4,745 56,004 Restricted Sessions & activities Sessional workers Reaching Communities Forest School & resources NCC 20 NCC 21 Garfield Weston Foundation Summer and Xtnas events Severn Trent BPR Medical NCC 22 NCVS NCH 21 J N Derbyshire Boots 22 Bestwood Partnership Community Fund Green Space NCH 700 1,000 8,421 973 49 1,000 (700) ( 1.000) (8,421) 1.125 (2.098) (49) (1.000) (J.117) (559) ( 1,000) 559 1.000 5.000 1.500 8.000 (5,000) 255 (1,755) (7,740) 260 193 546 8,465 1,921 18,849 1,990 (1.444) (1.471) (14,02)) (74,742) (J,680) (J,240) 9.936 1,820 67,152 1.000 4,124 18,018 2,680 8,421 310 Total restricted funds 42,824 110,083 (117,618) (4,745) 30,544 Total funds 131,)48 (120.453) 86,548 Page 17
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 The specific purposes for which the funds are to be applied are as folloivs: Let's Get Growing contributes toward sessional pay for an educational gardener and video production, and gardening resources. Eco Garden Room contributes toward materials. labour, and professional fees related to the build as well as solar panels and water harvesting. NCVS is used to pay a volunteer support M'orker. GroNv, Cook & Play contributes toTh'ard delivery and materials for family sessions in school holidays, plus food. National Lottery Community Fund is restricted to salaries of Educational Gardener. Development Manager, Finance Officer, volunteer coordinator, CA plus costs. training and utilities Natural England is restricted to weekend wildlife project, yoga and adult green crafts between October and April. Thomas Farr contributes to volunteer gardening costs. Nottingham City Council 2) contributes toward tern) time kids clubs including toddler group, Forest school and eco club. Nottingham City Homes 21 is to be used to fund on(Foing fee and resources costs. J N Derbyshire 15 to be used to fund the lunch club ivorker5 and resources. Boots 22 is to contribute towards the cost of salary for our new Data Administrator and to pay our Community Gardener for sessions. Bestwood Partnership funds contribute to a lunch club. forest school & resources to provide family and adult craft, cooking and play sessions. Resources for the evenls, general garden needs & publicity. Community fund is to contribute lo salaries and fees as well as development funding. Green Space is to contribute towards the cost of a volunteer worker. Nottingham City Homes 1212J contributes toward delivery and materials for family sessions in school holidays, plus food. The transfer from the General fund to the Community fimd is to cover the deficit on this activity. 13 Analysis of net assets between funds Unrestricted 2024 Total funds General Restricted Tanaible fixed assets Current assets Curreni liabilities 7.704 47.685 7,704 122,205 (2,084) 74,520 (2,084) Total net assets 55.389 127,825 Unrestricted 2023 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 9.521 9,521 78,405 (1,378) 31,922 (1,378) Total net assets 56,004 86,548 Page 18
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2024 14 Fees payable to independent examiner During the period, the fees payable (excluding VAT) to the charity's independent exarniner Community Accounting Plus are analJ'5ed as folloii's= 2024 2023 Independent examination Other financial services 820 690 795 618 1,510 15 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remunerdtion from the charity during the year. No trustees have received any reimbursed expense5 or any oiher benefits from the charity during the year. 16 Related party transactions There were no related party transactions in the year. 17 Taxation The charity is a registered charity and is therefore exempt from taxation. Page 19