Company Registered No. 08821484 Charity Registered No. 1160393 ALDER TRUST TRusfEES' REPORT AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 28Th FEBRUARY 2022
ALDER TRUST (A COMPANY iIMtrED BY GUARAKfEE) coKrEpifs OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 28Th FEBRUARY 2022 Charty Information Rew)rt of the Trust Rewrt of the IndepeThdt Examlner Statent of Finanoal ActitieS Balance Sheet Notes to the FinarKial Statnts 10-16
ALDER TRusr CHARrrY INFORMATION FOR THE YEAR ENDED 28Th FEBRUARY 2022 WORKING NAMES OF THE CHARrrY: Aldw Tryst ryrove lies Alderm(x)r Communty Fami TRusfEES: Dr P J aarke s aarke J Harding (from 10.11.21) D Barday (from 25.05.22) A Arthur (from 01.01.22) CHIEF EXECUTIVE OFFICEIL. D Barday REGIsfERED OFFICE: 107 Firgrove Southampton Hampthire S015 3ET REGIsfERED COMPANY NUMBEIL. 08821484 REGIsfERED CHARrrY NUMBER: 1160393 BANKERS: Lloyds Bank Llc Cobden House 12 moeY Street Manch&stw M2 3AU INDEPENDENT EXAMINER: Qara Whitknngton CASA Accountancy & Prf)okkeeping 17 pizZaner Fields Whitdey Hampshire 15 7BH Page I
ALDER TRUST REPORT OF THE TRusfEES FOR THE YEAR ENDED 28Th FEBRUARY 2022 The Trustees present their reF#)rt together wth the financial statements of the Charity for the year end 28 February 2022. The accounts have teen prepared in aCcOrdar with the acc(MJnting liaeS set out in the notes to the accounts and comply with the Charivs goveming dUmt, applicable law and the requirements of the Statement of R0MMendJ Practice applicable to charities preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and RepU1C of trdand (FRS 102). FINANCIAL REVIEW Total reported income was £135,825 (2021 £89,465). unrestrltt reserves at the 28th February 2022 where £189,357 (2021 178,374), including the freehold prowty valued at £180,1XK) transferred from Firgrove Family TrLL* in 2018 and reverses policy of £3,142. Restricted funds at 28th FebnJary 2022 were £14,359 (2021 £22,908). ReseNes Poli The dirr5 have considered the levd of reserves they wsh to retsin, appropriate to the charity's needs. This is based on the charivs sze and the level of financial commitments held. The directors aim to enre the charity will LE able to continue to fulfil its charitable Ob]tiveS even if there is a temporary shortfall in income or UneXpted expenditure. The directors will endeavcmjr not to set aside funds UnresSarily. The aspiration of the Trustees is to hold 9Jfficient funds whereby the unrestricted funds not committed or invest&1 in tangible fixed assets Cthe free re5) held by the Charity represent between three and six months wnning co#& This amounts to approximatdy £12,000 to £17,000. PaLie 2
ALDER TRusr REPORT OF THE TRusfEES FOR THE YEAR ENDED 28TII FEBRUARY 2022 ACHIEVEMENTS AND PERFORMANCE What wedo to achieve our Visi(, mis5 ondAims Alder Trust remains agile, inclusive. gjstainable, accessible and transfomiational to ensure that we benefit the community with what is requId. We provide projerts, initiatives and support to the local community focuses on the current need. The primary focus forthis yearg activities has been: Keeping our projects going thro¥Jgh the pandemic and various lockdowns wtthin the year. Worked on vpdating all our policies and proceduresto reflect up to date prartices and realities for our organisations wh1n Firgrove & the Lilies we.. The client list was extensive on the back of the lockdowns and there was a lot of catch-vp to do throvgh this year making sure we saw a5 many people as we coul¢J o Firgrove are now listed for signposting ft)r post-adoption coun5elling o Made linkswith the Matemtty Mentsl Heokth Service {MMH51 and continue to have good links with the bereavement mKlwwes o Offered clientsthe ability to have face to face counselling and on zoom where appropriate. o Continued group supervision and regularÉty with team meetings. o Linked with Tedd5 Wish in Lorhdon as a rèsource forcounsèllors o We've had some staff changes: Employed three new counsellors increasing the hours available for clients Increased existing coun5ellors hoursto coverevening sessions Some coun5ellors stepped down New trainee started Employed a new administrator for the Centre Introduced new supervisors for some of theteam o In-House training deliVed for the counsellors including'Feel ti Own iv and individually encouraged to do CDP with Deep Release. o Received many clients through the Lilie5 a5 we merge thetwo organisations o Paused Step to well-being through the year but was able to $tsrt once new boundaries were in place for clients o Met wrth Churche5 Together in Shirleyto netwo with the local church forfinancial support and to market our Service o Fundraised an annual Quiz nightwhich wasthe first in-per50n event since COVID-19 hit and a sponsod walk o Increased donations from clients Raised moneytofijnd a third counselling room atthe Centre to increase the intake of Ilients. o Continued the work on changing the building of Firgrove toAlder Trust with the hope to complete very soon. Worked on the handbook ftjr new potential staff-this is a work in progress. Aldermoor Fam: Support¢d over 2,0 l)ours of volunteering. wittrL 3 sessions per wc¢k in¢ludillg 34 Tegular volunteers Offered work Gxpcricncc for U18 doing Duke of Edinburgl YIO from local scbool and undergraduat¢ from Sparshglt UDivet5ity. Supported 7 days per week ID 4 part time rol¢s at the IKginDing of the year. increasing to 9 days in NoTr'ember. The Fami Manager role has been 2 days paid and 3 days vgluntary for several years, now is 4 days patd. (This is due to successfvl fimdrai5ing forthis ill August). PattL' 3
ALDER TRUST REPORT OF THE TRusfEES FOR THE YEAR E14DED 28711 FEBRUARY 2022 Staffing costs have eaten into reserves such that we had to Slop paying for a Saturday shop assistant amd reduce volunl¢ering on Saturdays, but a of £3,)0 from the Michael and Betty Littl¢ Trust in May bas plugged the gap and funded Saturday Shop Assistalli for the rernainder of the year. o W¢ contillued to operate as ttorn]al under the COV1[19 restrictions, only having to reduce operations fot a week at one point thje to isolation regulatiolls. market garden system has matured and with the illput of a Lead Grower for 2 days per week it wa5 a very succcssful in regard to the range and quality of veg gros]. We have been enhaDcing our systems for manging the land in¢ludiug r¢-d¢signing OUT CQrnPOSting process and making improvernents to irrigation. The Fann Shop has been a mUch-appreciat c0munity resource thllg the first year of lockdovrn. It IS continued to grow as a p)int of conncction for mctnbcrs of the local conllnutiity. We have developcd our prOdt lillcs leading to increa8ing sales and iticome to support the work of th¢ farni. We also had a SuCcsbJl Cbristmas season included sale of 100 Christmas tr¢cs. W¢ W¢Te able to re- invested profit into display fridges in February 2022. Netw'orktng-wise, ¢ joined A Rocba UK'S Partllas in ActiOD Network. which links land-bas¢d projects l]ke ours into a SUprtive network. The Fam Manager attended the national conference giving insight into environm¢ntal issues and pc¢r-support regarding working with volunteers on the o Host mmUnity events such as." Harvest Festival with food cooked from fami ]ngr¢dlts. ChTiStmas open day with live music. soup and br¢aQ. Wrrath-making workshop. Edible Schoolyard: We Crowdfundcd for an (httdoor KitclM rcsource for the Edible Schoolyard projrt which will also sllprt Social gatberings and events in gcneral on thc farni. We SUEprised ourselves with the quality of the building that we cteaie( working togcther on c1&1g tbe lall¢ digging the fooiings. mixing 90 wheelbarrows of cement and erecting and beautiful timber-frnne roof. Success11Y delivered sessioDS to a IoL31 sch(x)I Cating a g(NyJ partneTship with the school for fithe sessions. The ESY Coordinator 15 now on maternity leave aud ESY waits for 2023 to continue developing the PLANS FOR THE FLrruRE The Trust has the following principle objecbvesforthe coming year= To build the third counselling room at the Firgrove Centre To expand on post-abortion and post-adoption arms of the Ftrgrove & Lilies wo To reignite the Healthy Relationships projert and approach MO schools wrf(hin Southampton by employing a Healthy RelationshtP5 Coordinator To develop the property of the barn on the Fam) making space for kitchen, shop and multi- funrtional work spaies. To continLse developing the Fam Shop to inCaSe income to make the Farm sustainable To offer more volunteering days forthe community on the Farm To have a clear strurture within the Alder Trust team that helps support all projects clearly and effectively. These objertives will continue alongside our 5UPPOrt of other Charities, which may include consultancy and potentially other chartties where this is alignment of objerts, vision and values coming underthe leadership and governance of Alder Trust. The Trust will aim to increase it5Trusteesto increase tts public accountsbiltyand finances.
ALDER TRusr REPORT OF THE TRusfEES FOR THE YEAR ENDED 287H FEBRUARY 2022 srRucfuR¢ GOVERNANCE AND MANAGEMErir rnin Document The Charttable company was fomied on 19th Decem 2013 and registerexl with the Charty Commission for England and Wales on 91h February 2015. It is govemed by the Memrdndum and Articles of AsS(Xiats dated 19th tkcember 2013. Trust&s Trustees are elected and removLyJ by the existing trust Trustees are recred for various skilEs they bring to the organisation. New Trustees are issued with an induction pack and are invited tD Wstt a number of projects during the year to gain first-hand knOWge of the value of the VICe we provide. The Trustee Board meets up to 4 four time5 a year ft)r fomial bLinesS m&tings at which long-terrn strategy, current ditiOn and finan are con%dered. The Board currendy comprises of five Trustees who ddegate the day to day running of the charity to David Barday. Trustees who seNed during the year are lied on Page l. anisational cture The board of Tnjstees meet at least quarterty (with senior stsff attending as appropriate). The owational management of the Charity is delegated to the Chief Executive Offir and her staff. They liai with the Trustees on a frequent aThJ regular bags. Ma or Risks The Trustees activdy review the major iisks which the charity frdces on a regular basis and believe that maintsining the free reserves stated, combined with the annual review of the controls over key financial sy#ems carried out on an annual basis will provide sufficient resources in the event of adverse coThlition& The TDJSt have also examined other operational and business risks which they face and Confi that they have established Systems trj mitsgate the &gnfficant ri*s. Whilst there has LEen me ineiitsble disnJptK)n and changes to ways services are delivered due to the Covid-19 pandemic, it has rM)t significantly afft& the charity's operdtions or finarKes.
ALDER Tru REPORT OF THE TRUStEES FOR THE YEAR ENDED 28- FEBRUARY 2022 srATEMENT OF TRusfEES' RESPONSIBILrrIES The Trustees are required under Charity law to prepare financial statements for each financial year which give a true and frdir view of the slate of affairs of the Charity and of the financial acknvtb'es of the (])arity for that period. In preparirrfj those financkil ststements, the Trustees are requiraJ to: sdect suitable accounting [KJIleS and then appty them consstently; observe the methLKls and prinaples in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, 5ubjett to any material departures disdosed and explained in the financial statements; and prepare the financial statements on the goiry COrM basis unless it i% inappropriate to presume that the company will continue in business. The Trustees are re5pongble for keeping proper accounting records which disclose with rea9)nable accuracy at any time the financial wsition of the (Jartty and to enable them to ensure that the fjnancial strtements comply with applicable law5 and regulatiorLS. They are also responsible for ensurir¥J that the Chanty maintains an adequate system of intemal control designed to prowde re43sonabte assurance that assets are safeguarded against loss or unauthorised use and to prevent and de fraud and other irregularitie In preparing this report the Trustees have tsken advantsge of the small companies exemptions provided by sn 415A of the Qlmpanies Act 2006. On behalf of the LK)ard: Dr P J Clarke Chair of Trustee Date: D cl-_¥? 2£J2L
INDEPENDEpif EXAMINERS REPORT TO THE TrusfEES OF ALDER TRUST I retKIrt on the accounts of the charity for the year eThJed 28 February 2022, which are set out on pages 8 to 16. Responsibilities and basis of report As the charity's trustees of the Company (and al its dirthrs for the pury)oses of company law) you are resp)ngble for the preparation of the accounts in Cordan w.th the requirements of the Companies Act 2006 Cthe 2006 ACV). HavirKJ 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 indetkndent examinab"on, I report in respÉ¢( of my examination of your charS accounts as carri&1 out under section 145 of the Charities Act 2011 Cthe 2011 ACV). In canyir¥J out my examination I have follovLYl the Directions given by the Charity Commiwon under lon 145(5) (b) of the 2011 Act. Independent examinerfs statement I have completed my examination. I confim that no matters have come to my attention in connection with the examination giwThJ me cause to believe: accounting rrdS have not been kept in aCc[n with section 386 of the Companies Att 2006; the accounts do not accord with suth records: the accounts do rK)t comply wtth the accounting requtrements of sectFon 396 of the 2006 Act other than any wuirement that the accounts give a [e and fair view which is not a matter considereyj as part of an indnt examination. or the accounts have rH)t LEen prepared in accorcIan with the methods and principles of the Ststement of Recommended PraCte for accounting arKI reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporknng Standard app1lob in the UK and Reput of Ireland (FRS 102). I have no concems and have come across no other matters in connection wtth the examination to which attention th)uld be drdwn in this report in order to enable a proper understanding of the accounts to be reached. aara Whittsngton CASA Accounts & PAJ)kkeepirrfJ 17 tipizzaner Fields Whiteley Hampshire P015 7BH Date: l.10.ICLI Pag¢
ALDER TRUST Statement of financial activities for the year ending 28th February 2022 Unrestricted fund5 Total funds 2022 Total funi 2021 Sncome funds Income Donations and legacies 6.740 42,979 49,719 42,010 Charitable activities 66,283 19,823 86,106 47,353 Investment5 102 Other Total Income 73,023 62.802 I3525 89.465 Expenditure Charitable attivities 8.842 124,550 133.392 101,691 TotolExpendlture 8342 124.550 133,392 101.691 Net movement infvnds 64.181 -61,748 2,433 -12,226 Reconciliation of funds: Total funds brought forward at 1st March 2021 Totolfunds carriedAonvardat 28th Febry 2022 178.374 22.908 201,282 213.50£ 242,555 -38.840 203,716 201.282 All amounts derive from continuing acttvities. All gains and losses recognised in the period a included in the statement of financial statements. The notes on pages ICF16 fom part of these financial statements Page 8
ALDER TRUST Balance sheet as at 28th February 2022 2022 2021 Fixed assets Tangible assets Total fixed assets Current assets Debtors 189,065 180,0(K) 2,561 21,412 23.973 1,956 20,783 22,739 Cash at bank and in hand Totsyl current assets Creditors: amounts falling due within one year -9,322 -1,457 Nel current 4ssetsllliabilitiesl 14.651 21,282 Totulossets less Current Ilabilftles 203,716 201.282 Funds of the Charlty Restricted income funds Unrestricted funds Totolfunds 14,359 189,357 203.716 22,908 178,374 201.282 The ¢ompany was entitled to exeMpOn from audlt under s477 of the Companie5 Art 2006 relatlng to small companles. Thè members have not required the company to obtain an audrt in accordance with sertion 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complylng with the requirements of the Companies Art with respert to aDting rÈtords and the preparation of accounts. These accounts have been prepared in accordan wlth the provlslons appllcable to small companies subjert to the small wmpanl regime and In accordance with FRS102 SORP. Signed and dated by one ortwo trusteesldirectors on behalf of all the trustees/direttors- Signature Print Name Date of signing OS OC.T 2c)" Page 9
ALDER TRUST Accounting policies INCOME Recognition of income These are included in the Statement of Financial Activities (SOFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability. Oftsetting There ha5 been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SOFA when the general income recognition criteria are met15.10 to 5.12 FRS102 SORPI. Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractica to do so. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SOFA as incoming resource5 when receivable. Support costs The charity has incurred expenditure on sUPPOrt costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees. annual report. Income from interest. royalties and dNidends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Page 10
ALDER TRUST Accounting policies EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or construrtive obligation committin the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated beeen governance costs and other 5UPPOrt. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income An amount of £6.753 has been deferred which relates to a reclaim in SMP paid in advance relating to the 22123 financial year Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. ASSErs Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least £750.00 They are valued at cost. The depreci3tion rates and methods used are as follows: Plant & Equipment 33.3% Strai8ht Line DEBTORS Debtors lincluding trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the chartty. Subsequently, they are measured at the cash or other consideration expected to be received. Page 11
ALDER TRUST 2 Analysis of Income tlonations and legacie5: Unrestrirted funds Restrirted income funds 2021 2022 Donations and gifts Gift Aid 5,766 974 41,593 1.386 47,359 2,360 38,991 3,019 Charitable activities: Aldermoor Farm Aldermoor Outdoor Kitchen Aldermoor Farm Farm Salaries Firgrove Firgrove -The Big Give 55,331 4.899 474 1.596 6.243 5.5(Kl i.iii 60,230 474 1.596 7.073 5.51XJ i.iii 29,611 830 13,834 647 852 12 2,397 Purple Door Edible School Yard Other 10.122 10,122 Income from investments: Interest income 102 Transfer of assets Total Income 73.023 62.802 135,825 89,465 3 Expenditure on charitable actsvities Unrestrirted funds Restricted income funds 2022 2021 Aldermoor Farm Aldermoor Outdoor Kitchen Aldermoor Farm Farm Salaries Firgrove Firgrove - The Big Give 71,974 71.974 42,270 988 45.391 1,839 4.358 45,391 1,839 4,358 41,170 1.756 897 Purple Door Edible School yard Other Totol expenditure 8.842 8,842 8,842 133.392 15,598 101,691 124,550 Page 12
ALDER TRUST 4 Fee5 for examlnation of the accounts 2021 Independent Examiners Fees Accountancy Services Totol examinationftes 1,000 8(Kl 1,800 1,8 5 Ernployee costs 2022 2021 Wages and salaries Social security costs rotol employee costs 58,985 477 59,462 57.077 57,077 No employee earned over £60.(M)O during the period. The average number of staff employed by the charrty during the year. 2022 No. 2021 No. Support costs Charitable artivities 17 17 6 Tangible Fixed Assets Freehold land & buildings Plant. machinery and motor vehicles Total Cost at 1st March 2021 Additions Revaluations Disposals Cost at 28th February 2022 I80,() 3,874 9.065 183,874 9,065 180,L 12.939 192,939 Depreciation at 1st March 2021 Disposals Depreciation Impairment Transfers. Depreciation at 28th February 2022 3.874 3,874 3.874 3.874 Net book value Net bookvalue at 1st March 2021 Net book value at 28th February 2022 180,CKM) 180,1XJO 180,OCK) 189.065 Page 13
ALDER TRUST 7 Debtors 2022 2021 Trade Debtors Prepayment5 and accrued income Other Debtors 360 2201 300 1656 2561 1956 8 Creditor5: amounts falling due wlthin one year 2022 2021 Trade Creditor Accruals and Deferred income Taxes and Social Security 608 8557 157 9322 54 1800 -357 1497 Page 14
9 Analysis of Funds 2021 Income Expenditure Trnnsfers 2022 Restricted funds Aldermoor Farm AldeTmoor Farm Outdoor Kitchen AlderEnoor Farm Farm Salèries Firgrove Firgrove-The Big Give -3.909 17,480 1.611 1.596 33.120 5.5(Kl 3.495 -71,974 58,403 -1.611 608 10.045 80 3,626 22,361 45.391 -1,839 4,358 45 -3,581 Purple Door Edible School Yard Totul Restrirtedfvnds 45 12 22.908 45 -12 53,199 62,802 -124.550 14.359 Designated funds Aldermoor Farm Firgrove Fixed Asset Reserve General funds Unrestricted Rese¢ves Policy Total Unrestrirtedfvnds TotalFund5 0$ per bolance sheet 55,331 830 -55.331 830 180,000 4,768 3,142 178.374 16.862 -8.842 2.133 5,385 3,142 189,357 73.023 -8,842 -53.198 201282 135 825 -133 392 203 716 PrlOuS Year 2021 2020 Expendlture Transfers 2021 Rèstrlcted funds Aldermoor Farm Firgrove 7.916 20.768 545 30,445 42,762 5,7tKI 852 12 42.270 41,169 -1.756 -897 -3,909 22,361 4.489 45 12 22.908 Purple Door Edible School Yard Totttl RestrirtedAund5 29.229 79,771 -86.092 Oesignated fvnds Fixed Asset reserves Genèral funds Reserves Reserves Policy Total Unrestri(tedlunds 181.137 -1,137 180,LK)O 9,693 -15.598 1,137 4.768 3.142 178.374 3.142 184.279 9,693 -15.598 Totol Funds as perbttla•KÈ sheet 213 508 -101690 201282 Restricted Funds Page 15
ALDER TRUS[ Aldermoor Community Farm that aims to nurture the potential of wple and land. Promotes sustainability. An outdoor kitchen ha. been built to help deliver the famis educational programme&Fundraising has èlso been ongoing to increase the farm managers schedule. Firgrove provides free support and information forthose facing unintended pregnancy as well ès pre and post al)ortion mi5carriagE and baby loss counselling in Southampton .They have built a third councelling untt with a grant from the Big Give. Lillies provides free support and inforniation for those facing unintended pregnancy as well as pre and post abortion miscariage an baby1055 in Eastleigh Purple Door is a counselling programme to support anyone impacted by abortion Edible School Yard is a curriculum that has been developed to deliver sessions for use in local sthoo15, promottng health eating All elegible income is subjuct to a 15% contribution to the support Costs to the charity. This totslled £10122 in 2022 . Thi5 ha5 beer included in the above figures. Deslgnated Funds The net book value of fixed assets is shown as a separate designated fund. The fixed asset reserve £180,OW is for use of Firgrove f( chBritable activity The trustees have set up designated funds for both Aldermoor Farm and FirErove, to allow them to create 5UStainability for the different areas of the charity. which will be internally managed at trustees meetings. 10 Related Party Transactions No Trustee received any renumeration or expenses during the year12021 nil) 2022 No donations were made in the year- In 2021 donations totalling £3) were made in the year to Daisy Dtp Page 16