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 2025 CommuIiity Accounting Plus Units l & 2 North West 41 Talbot Street Nottinu NGI 5GL
Buhvell Forest Garden Contents Reference and Adminlstrative Delails Trustees, Report 2to5 Independent Examine¢s Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9t020
Buhvell Forest Garden Reference and Administrative Details Trustees Jill Burn Julie Clark Melkorka Stiller-magnusdotlir Andrew Jones Lauren Gibbons Charity Registration Number 1160072 Company Registration Number 7900256 Registered Olfe Mellish Sports Cent Kemmel Road Nottingham NG6 9FH Independent Examiner John O'Brien. employee of CoTllTnunity Accounting Plus Units l & 2 North West 41 Talbot Street Nottin 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 2025. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Tnte¢S.. Robert Walchom (resigned l July 2024) Jill Burn Julie Clark David Roy Hame5 (resigned l July 2024) Maureen Whyman (resigned l July 2024) Melkorka Siiller-magnusdollir Andrew Jones Sarita-marie Rehman-wall (resigned l July 2024) Lauren Gibbons 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 recently amended 2511112014. It has no share capital and the liability, of each member in the event olwinding-up is limited to £ l. Recruilmenl and appointment of Iruslees Trustees must live or work in Bulw"ell or Bulwell Forest. P05ltions are advertised onsite and on Social media/website, sometimes stating particular ski115 or background preferred to maintain diverse representation of local residents. New trustees must be recoTnmended 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 unemplovmeni for inhabitants of Bulwell- b) 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- c) To sell locally sourced produce at a low cost to those accessing the project. Objectives, sIrategi and aclivilies Activities we provide to achieve these outcomes include growing fruit and vegetables, cooking workshops and a weekly lunch club, seasonal events (e.g. Harvesi Feslival and Community Picnics), training workshops, environmental craft sessions, family activity days. outdoor pilales sessions, forest school, Let's Get Growing (outreach grow your project), and a week-l), market Shop. Page 2
Buhvell Forest Garden Trustees, Report Financial review Policy on reserves We target holding at last 4 months, reserve5 as a minimum. We CUTrently hold around 10 months, reserves. Aehievements and performance FOOD WE GROW During the period: we supported 55 volunteers in meaningful activity, donated 508 free veg bags to our volunteers, provided 1071 veg bags at a low cost for the wider community, and shared 666 meals at Lunch Club using oiir harvested produce. We laught 72 people how to grow their own food through our Lets Get Growing scheme, and 60 people through our Green Skills entry level courses, enabling people to have sustainable healthy food at a low cost. ENVIRONMENT We planted 7 new fruit trees in winter and continue to plant further hedging that attracts wildlife. We have planted elder and hazel in the conservation area5 of the woodland to improve the understory layer and have been thinning out any loiver sycamore branches to allow more light to the lower canopv. We have planted more native trees in the woodland where possible to allow for greater biodiversity (as many of our trees are non-native) and more native trees in other available unused ground - e.g. the scrubland at the top orner near new build is now hom¢ to som¢ nicely developing oak5, wild Cherry, horse chestnut and Silver birch. CHILDREN AND FAMILIES We welcomed 24) children to our kid's clubs in tern) time. including our toddler group, Wildheart Forest School (6-1 l years) and Saplings Eco Club (11-16 years}. We also welcomed 1970 people to our family events in school holidays, with a mixture of gardening. phvsical activities and nature based crafts, ensuring each child received a hot healthy meal. Our annual Winter Wonderland event was stripped back this year due to funding restrictions. This meant we were unable to deliver KS I school visits to the Winter Wonderland, but did run 2 weekend events for the community with d¢¢orated woodlands, a visit to Santa, crafts and carols. SCHOOLS We welcomed JI class visils as part of our curriculum based Schools Programme and forged stronger relationships with Bulwell Academy. We are also proud to say that we have developed. and are piloting, an Inclusive Forest School at the request of the Local Authority.. providing one morning a week respite from school for 27 children from 9 local primary schools '1th SEN needs or other barriers making time in the classroom diificult. The Local Authority are evaluating the impact this project is having on these children at BFG, in school and at home. with the hope to roll the delivery out over further years, and in other parts of the city, using Bulwell Forest Garden as a fla(FShip model. WELLBEING and THE ARTS We have expanded on our Wellbeing programme. providing pilates and both chair based and mat based yoga on a weekly basis: which has collectivel), reached 55 reuular attev]dees. We also designed Feel Good Fridays throughout March, welcoming back our re(Fular visitor5 and iv]viting new people to come and find out what we do. 15 local people attended an Aromatherap). for Beginne course, with refereTJce to plants grown onsite, going on the make products in a w.orkshop leading up to Christmas. Bulwell Art Festival events at BFG included Shakespeare Shorts, Ancient pigment painting and botanical watercolour workshops, reaching 65 people collectively.
Buhvell Forest Garden Trustees, Report IMPACT Throughout these activities at BFG, we have received.. 39 reports of people feeling valued J14 reports of improved social connections 387 reports of improved well-being 1721 reports of improved diet in children visiting events 148 reports of people leaming neiy skills 606 reports from parents of their Children being more active ECO CWARDEN ROOMS Following our croiydfunding campaign last year, and being named one of Barratt Homes, charity of the year. our 2 new Garden Rooms M'ith solar poiyered heating and electrics are near completion, with an enormous amount of support from Barratt Homes: their partnering suppliers. and Mccanns & Co. Already. our wellbeing groups and kids clubs have been able to access the space for warnier sessions in cold weather. We are now just waiting for our solar panels that will provide lighting. heating and some electric sockets. We have energy saving eco insulation, and .111 harvest rainivater and adopt a soakaway system for the unplumbed sink. FINANCIAL SUSTAINABILIY The Green Skills courses were delivered through a new contract with Community and Family Learning, and is directly funding our Horticultural Project Workevs post. Our Inclusive Forest School is delivered through a contract with the Local Authority, and revenue from this funds some of our term time kids clubs. Our birthday parties and Schools Programme direcily funds our weekly lunch club. All this activity provides greater financial sustainability and less reliance on grant funding. For the building of our Eco Garden Rooms. we would like to pay thanks to: Barratt Homes SmartRoof Tatylor Roofing Ford Windows West Point Mccanns and Co. Terra Measurement Eco Tech Knights Blok n Mesh Scaffold Group Moores Bell Group Smartlec Hire Station ISAN British Gypsum RSP Lincoln We would also like to thank our community partners who worked to improve lives of people living in Bulwell: BeSt.00d Partnership Nottingham City Homes Housing Services Places for People Nicola Curzon - Local artist and coordinator of Bulwell Art Festival Bulwell United Refonned Church Local primary schools and Bulwell Academy One Vision Partnership Bulwell and Top Valley Primary Care Nelwork Page 4
Bulwell Forcst Garden Trustees, Report Public benef Improved communiry cohesion (reduciTtg isuldiiull iULifabiiig ¢ngaguncnt amis5 agc and cultural b&rn¢rs . Imprnved health and well-being (increasing physical activity. healthier eatinR and deClOpIng sell-confidence). The ttustees Confirni that they have complied with the requirements of section 17 (yf the Cliarities Act 2011 to have due regard to the public benefii gutdallce published by the ChIlY CuJiwiibbiUU for Ellglajid and Walcs. Statcment of Re5pon&ibilitlcs The Intee5 (who are atso the drec(ors of Ilulwell Forest fjarden for the purposes of Compally l(Iw) at¥ responsible for preparing tbe trustees, report and the financial s12tpments in accordance with applicable law and Uniied Kingdum A¢¥uuu¢ing S15 (UiiAt¢d KiDgdom Gcncrnlly A¢c¢ptcd Accowiting Practice). Including FRS 102 "The Financkal Rcporting Standard applicable in the UK and Kcpublic of Ireland" The report and aceout)ts have been pr¢pared in accordance with the proi-lgions in the r.nmpAnies Act 2006 relating to small companies. Company law requires the lliJstee5 10 p[cp¢ fin¢incial statemcnts for each financial year. Undcr compaiiy law the trusiees must not approvc the financial ststements unless thcy are satistied that they give a true and fair vicw of thc statc of affuirs of the charitsblc company and ol thc incoming rcsources and application of resource%, including its income and cxpendiiure, of the cbarithle ComplY fur diiil y¢i iud. Iii picparing thc6c fuLCLaI statements, the. tniqlees are required to: select quitable accounting policies and apply them cousistently. observe the methods 2nd principles in the Charities SORP. mHke judgements aThd estimates that are rrdsonable and prudenL state whether applicable accounting standards. cotuprisino FRS IU2 haNe been followed, subjecT 10 any matcrial departures disclosed and explained in the fingncial stxtements" and prepare thc financial slatements on tbe going Concern basi5 unless it És inappropriate to presume tbat the Charlble company will c(JnLiDUC ill bubiiirib. The irusicL% sponSIbl¥ fvi krrpAIi8 piopcr aciounting rcrord3 ihat can di5c1o5e with rea50Kble accuracy at any time the fmanLial position of the charitable cornpany and enable them to ensure that the financial 5taienients comply with the Companies Act 2006. They are also responsible for safeguarding the &ssets of the charit&ble ompany and hence for T2kiD.(v ruqro-L.'" . _ included on the charittble cotnpanys weh%ite le.gislation goveminb the pr¢paration and dissemmation of financial statemeThts may differ from Icgislation in othci jw"AsdtLliulls. Small companies provision statement This report has been preparcd in accordancc witli ilir stllÉill compani&s regime under tbe CoEnpanies Act 2006. The annual report was Approved by the (rustees of the chartry OD 15. aDd 5igncd OD its b¢lialf by. M¢lk Trn5tee ka Siill -Magnusdotttr Pas£ S
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 the accounis ofthe company for the year ended 31 January 2025. 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 wilh 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 charities 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 exarnination 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, FCIE. employee of Community Ac¢oLmting Plus Fellow of the Association of Charitj, Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 1110612025 Page 6
Buhvell Forest Garden Statement of Financial Activities for the Year Ended 31 January 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2025 Total 2024 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities 2.151 33,054 2,151 191,223 29,794 141,833 158,169 Total Income 158,169 193,374 171,627 Expenditure on: Charitable activities (28,J14) (1?? 546) (150,860) (129,925) Total Expenditure (28,J14) {122.546} (150,860) (129,925) Net income Transfers between funds 6.891 41,658 42,514 41,702 (41,658) Net movement in funds 48,549 (6.035) 42,514 41,702 Reconciliation or funds Total funds brought fonvard 72,861 128,250 86,548 Total funds carried fonvard 12 103,9J8 66.826 170,764 1 ?8,?50 All of the charity's activities derive from continuing operations during the above two periods. Unrestricted Restricted runds fund5 Total 2024 Note Income and Endowments from: Donations and legacies Charitable activities 462 16.926 29,332 124,907 29,794 141,833 Total income 17,388 154,2J9 171,627 Expenditure on: Charitable activities (17,286) (112,639) (129.925) Total expenditure (17.286) (112,639) (129,925) Net income Transfers between funds 102 (292) 41.600 292 41,702 Net movement in funds (190) 41,892 41,702 Reconciliation of funds Total funds brought forward 56,004 86,548 Total funds carried fonvard 12 The funds breakdown for the period is shown in note 12. 55,814 128,250 The note5 on pages 9 to 20 form an integral part of these financial statetnents. Page 7
Bulwell Foresi Garden (Registrgtirfbn number: 7900256) Balancr Sheet as at 31 January 2025 2025 2024 'iied assets Tansiblc asbLtb 45,462 7,704 Current assets DcbÈvib Ca.Eh at bank and in hand 1,827 12_5,RS0 1,081 121,549 127,677 122,630 Credilurs: Amounts falting due within one year .let current assets io {2,375) (2,084) 125.302 120,546 Net Assets 170.764 128,250 Funds of ihe charity: Restricted income funds RL5trictcd fuii(Ib' 12 66,826 72.861 nrestricted income funds Unrestricted funds 103,938 55.389 Total funds 12 170.764 128,250 For the financ.ial ye2r ending 31 January 2025 thc chatity WJ5 entiiled io exemption trom audit under se£tion 477 of the Companics Act 2006 rclatillg io small companies. Directors, res)nsIbIlitIeS.. The members have not requircd tbe charity to obtain an audil of its accounts for the year in question in accordance with section 476; and The directors acknowlcd8c thcit i&%pvnsibiliues for complyJn% with the requiremenLs nf the Act with respect Iv uccouniing records and the prcparntion of accniinis. Thcse financial siatements have been prepared in accordaiicc widi thc special provisions relating to companies subject to the small comEwiit& IcgiIll¥ withiD P 15 ofthe companies Act 2006. The na ial tements pages 7 to 20 were approvcd by th¢ trwstees. and authorised for issue on nd signed on their bcliiilf by-. e Jones TrLtstee Thc notcs. on pages 9 to 20 fonD an integrdl part Of these fuAAncial st3tem¢nts.
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 l Accounting policie5 Sumtnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparaiion 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 tnake 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 Flo.$ 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 qUIre a level of perfomance by the charity before the charity is entitled 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 any 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 9
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 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 that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on 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 charitable purposes. Tangible fixed assets Individual fixed assets costing £500 or more are initially recorded at cosL 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= Asset class Fixtures & fittings General equipment Land & buildings Depreciation method and rate 200/0 straight line IOO/o straight line 50/0 Straight line 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 impairment. A provision for the impairment of trade debtors is established when there is objective evidevjce that the charity will not be able to collect all amount5 due according to the original tern)s of ihe receivables. Page 10
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 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 operate5 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. Pagell
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 2 Income from donations and legacies Unrestricted funds General Total 2025 Total 2024 Donations and legacies- Donations from individuals Grants, including capital grants: Government grants Grants from other charities Grants from companies 2,151 2,151 1,335 10,349 3.000 15,110 2,151 2.151 29,794 3 Income from charilable acli)'ities Unrestrieled funds General Restricted funds Total 2025 Total 2024 Contract 15.394 Grants & donations Lunch Club Sundry receipts Workshop & events Produce income Venue hire 158,169 158,169 885 258 4.837 2,588 9,092 124,907 1,264 1,018 4,696 1,914 8,034 885 258 4,8)7 2,588 9.092 158,169 191,223 141,833 Page 12
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 4 Grants & donations Unrestricted funds Restricted funds Total National Lottery Community Fund Barratt Developments plc Nottingham City Council The Garfield Weston Foundation NHS Nottingham & Nottinghamshire ICB Ken Wilkins Sports England BeSt.00d Partnership Headlam Groundwork UK Co-op Local Community Fund Sundry grants & donations 73,046 26,105 15,402 10,000 1,220 ,000 9,680 9,870 3,600 5,500 2,732 14 73,046 26,105 15,402 10,000 1,000 9,680 9,870 3,600 5,500 2,732 2,165 2,151 2,151 158,169 160,320 Page IJ
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 5 Expenditure on charitable activitie5 Unrestrieted funds General Restrieted funds Total 2025 Total 2024 Communications & software Cooking resources Equipment Horticulture & garden works Insurance Legal & professional Maintenance 2,277 1,676 49 1,514 2,106 710 425 2,014 87 2,326 3,190 3,638 .857 425 192 3,840 166 6,212 417 5,506 408 1,642 1,147 2)2 205 292 1,719 219 Materials & resources Membership Sundry Purchases Printing, poslage & stationery Salaries, NI & pensions Sessional fees Training Travel Utilities Venue hire Depreciation Construction & building costs 219 50 1,597 1.381 609 so 416 24 65.441 65.465 50.062 62,751 42,290 769 16,091 45 279 25 323 250 250 3,900 14,003 1,817 28,314 122,546 150,860 129,925 Page 14
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 6 Staff costs The aggregate payroll costs were as folloivs= 2025 2024 Staff costs during the year were: Wages and salaries Pension costs 62,144 59,573 65,465 62,751 The monthly average number of persons (including senior management team) employed by the charity during the year was as follows= 2025 2024 Monthly average number of persons employed 3 (2024 - 3) of the above employees participated in the Defmed Contribution Pension Schemes. Contributions to the eTnployee pension 5cheme5 for the year totalled £3,321 (2024 - £3,178). 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 £22.039 (2024 - £20,012). 7 Tangible fixed assets Land and building5 General equipment Fixtures & rittings Total Cost At l February 2024 Additions 2,999 12,176 15,175 41,658 41,658 At 31 January 2025 41,658 2.999 12,176 56,833 Depreciation At l February 2024 Charge for the year 1,199 600 6,272 1,217 7,471 3.900 At i l January 2025 ,799 7,489 11,371 Net book value At 31 January 2025 39,575 1.200 4,687 45,462 At 31 January 2024 .800 5.904 7,704 Page 15
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 8 Debtors 2025 2024 Trade debtors Prepayments 1,827 656 425 1,827 1,081 9 Cash and cash equivalents 2025 2024 Cash on hand Cash at bank 66 125,784 55 121,494 125,850 121,549 10 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other taxation and social security Other creditors 279 60 546 1,550 532 1,492 2,375 2,084 11 Charity status The charity is a company limited by guarantee and consequently does not have share capitsl. 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 16
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 The group fundraised £47,559 in YE 2024 and £26,120 in YE 2025 towards the Eco Room5 (as per the Trustee Annual Report)- total £73,679. The BuildinJ were constructed in YE 2025 with an inilial capital value of £41,658. Constructions costs were £13,644. Following a first year depreciation the buildings (fixed assets) value at YE is £39,575. A balance of £15,821 remains in the Eco Rooms fund at ) 1st January 2025. 12 Funds Balance at I February 2024 Balance at 31 January 2025 In¢oming resourees Resources expended Transfers Unreslrieted funds General General (please read note 13) 55,389 i5,205 {28,314) 41,658 103,938 Restricted funds CO-OP Local Community Fund Garfield Weston Foundation Let's Get Growing Eco Garden Room Grow, Cook & Play National Lottery Community Fund Natural England Bestw'ood Partnership Barratt Homes Inclusive Forest School Public Health England Sport England US Girls PCN Kids Clubs 2,732 10,000 5,000 15 (2,732) (4,099) (6,569) (2,555) (5,040) 5,901 1,569 47,559 240 (J8,265) 6,754 4.800 16,170 1.706 5,617 73,045 (69,073) (1.646) (10,687) {13,fv15) (2.359) (279) (2,343) (299) (1,220) 20,142 60 5.070 26,105 13,500 1,000 9.680 902 (3,393) 9,067 11,141 721 7,337 603 1.220 5.100 5,100 Total restricted funds 72,861 158,169 (122,546) (41,658) 66,826 Total funds 128,250 193,374 (150.860) 170,764 Page 17
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 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. Barratt Homes contributes toNiard the building of our garden rooms. GroNv, Cook & Play contributes toTh'ard delivery and malerials for family sessions in school holidays, plus food. National Lottery Community Fund is restricted to salaries of Horticultural Manager. Operational 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. Co-operative Local Community Fund contributes toward our Spalings Eco Club, Wildhearts Forest School and Music in Nature toddler group. Garfield Weston contributes tow.ard core costs. including operdtional administration. Inclusive Forest School funds delivery of our Inclusive Forest School for children with complex needs and behavioural difficultie5. Public Health England contributes toward paying a support worker to work with our volunteers with complex needs. Sports England contributes toward mat and chair based yoga sessions. Us Girls contributes toward delivery of specialist Saplings Eco Club sessions. PCN contributes toward paying a support worker lo work with our volunteers with complex needs. Bestwood Partnership funds contribute to a forest school & resources to provide family and adult craft, cooking and play sessions. Resources for the events. general garden needs & publicity. Kids Clubs funds contribute to the running costs of a variety of Kids Clubs The transfers from the Eco Garden Room and Barratt Homes funds to the General fund represents the net book value of fixed assets, the use of which is not subject to any restriction. Page 18
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 Balance at I February 2023 Balanee at 31 January 2024 Incoming resources Resources expended Transfers Unreslricled funds General General (please read note 13) 56,004 17,388 (17,711) {292) 55,389 Restricted Let's Get Growing Eco Garden Room NCVS Grow. Cook & Play National Lottery Community Fund Natural England Thomas Farr NCC 2) NCH 21 J N Derbyshire Boots 22 Bestwood Partnership Community Fund Cvreen Space NCH 6.500 47,559 (4.931) 1,569 47,559 260 (260) (6.210) 6.450 240 {19,810) (J.29)) (3.000) (655) 16,170 1,706 4.999 3.000 655 546 8,465 1,921 18,849 (546) (8.465) (10,154) {52,537) (1,6(M)) (560) 13,850 5,617 292 1.600 250 Total restricted funds 154,2J9 (112.214) 292 72,861 Total funds 86,548 171,627 (129.925) 128,250 13 Analysis of net assets between funds Unrestricted 2025 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 45,462 58,476 45,462 127,677 (2,375) 69.201 (2,)75) Total net assets IOJ,9J8 66.826 170,764 Page 19
Buhvell Forest Garden Notes to the Financial Statements for the Year Ended 31 January 2025 Unrestricted 2024 Total funds General Restricted Tangible fixed assets CLLrrenl assets Current liabilities 7.704 47,685 7.704 122,6JO (2,084) 74.945 (2.084) Total net assets 55.389 128,250 14 Fees payable to independent examiner During the period, the fees payable (excluding VAT) to the charity's independent examiner Community Accounting Plus are analysed as follows: 2025 2024 Independent examination Other financial services 995 743 820 690 1,738 1,510 15 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. 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 Lqxation. Page 20