Charity registration number 1161591
GROW CARDIFF
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

GROW CARDIFF
CONTENTS
Page
Trustees, report
Independent examinerfs report
ststement of financial activities
Balance sheet
10
Notes to the financial statements
11-24

GROW CARDIFF
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial slatements have been prepared in accordan￿ with the accounting policies set out in note 1 to the
financial slatements and comply with the chariws [goveming documentl, the Charities Act 2011 and "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)" (effective 1 January 2019).
Objectives and activities
Purposes of the charity
The objects of Grow Cardiff are:
To promote for the benefit of the inhabitants of Cardiff and the surrounding area, the provision of facilities for
recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth,
age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in
the interests of social welfare and with the object of improving the condition of life of the said inhabitants, in
particular by the provision of community gardens and other local food initiatives, land and community growing
projects and the provision of opportunities for growing and volunteering
Summary of the main activities
Grow Cardiffs activities focus on three areas of public benefit-. Health. Education and Community. Activities are
enabled through the charity's commitment to develop and sustsin its work for as long as its services are needed.
Trustees and staff are Gommitted to using community gardening as a tool to improve the lives and places of people
living in communities across Cardiff, in particular those disadvantaged through poverty and exclusion.
Health
Grow Cardiff continues to deliver and develop the Grow Well project in partnership with the Southwest Cardiff
Primary Care Cluster. The social prescribing project supports adults struggling with their mental andlor physical
health, loneliness and isolation - often a complex mix of on-going problems. The project has been delivered across
three sites in southwest Cardiff and supported just over 100 patients to engage in weekly therapeutic community
garden sessions for health and wellbeing. In May 2023 funding for Grow Well was successfully secured for two
years from NHS Charities Together, in partnership with Cardiff & Vale Health Charity- To support more vulnerable
local people to engage in activities over the colder winter months. the indoor 'Creative Grow Well, ran successfully
for its second year.
In addition, Grow Cardiff has conducted a feasibility Study to explore a potential fourth Grow Well garden in
partnership with the City & South Cluster. This new site looks to support the populations of Grangetown, Butetown.
central Cardiff and Cardiff Bay. Grow Cardiff successfully tendered to Cardiff & Vale University Health Board to
deliver this service. New staff will be recruited to the Grow Cardiff team with delivery due to COM￿EnCe summer
2024.
Grow Cardiff is seeking to renew its successful partnership wilh the Wales School of Social Prescribing Research
IWSSPR) later in 2024, to conduct an independent evaluation of the impact of the Grow Well project on participant
health and wellbeing over a 4 year period.
Education
Over the last year, Grow Cardiff has worked with 20 primary schools in Cardiff, training teachers, teaching
assistants and children to successfully develop and grow their own community gardens. Much of this work has
been delivered through the Edible Playgrounds programme, developed in partnership with Trees for Cities.
Communities
Grow Cardiff has continued to support, mentor and provide consultancy to a number of community gardens and
projects across the city and beyond Cardiff. In particular, Grow Cardiff has supported Riverside C(xnmunity
Garden. Pontcanna Pennanent Allotments. Our work was highlighted in a BBC series. To secure the future of
Riverside Community Garden, the charity has begun a new partnership with Cardiff Salad Garden, who will manage
the project and site from April 2024.

GROW CARDIFF
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Sustaining Grow Cardiff
As external operations have developed over the year, it has been vital to develop a corresponding internal
infrastructure to support and sustain the charity. Work has been undertaken to significantly improve Grow Cardiff's
financial systems, planning. policies and procedures. staff training and support. and fundraising. Key developments
have included the development of a Theory of Change, purchase of a new Electric Van, website upgrade and the
move of the team office to The Sustsinable Studio.
Public benefit
All trustees have had full regard of the Charity Commission's guidance on public benefit
Contribution made by volunteers
Valuing the contributions of volunteers and supporting them lo grow personally, develop their skills and see their
ambitions realised through their participation in Grow Cardiffs work, is embedded in the charity's DNA. Volunteer
participants are vital lo the development and sustainability of each Grow Cardiff community garden, each bringing
unique, valuable skills and lived experience. Grow Cardiff has a strong asset-based Gommunity development
approach to developing its operations and supporting volunteers. c(Fproducing gardens. projects and the overall
strategy of the organisation with volunteers active in gardens also providing vital insight in the board.
Volunteers Gan progress to become Lead Volunteers where individuals recognise that they would like to support
others to thrive through the charity's different projects. Grow Cardiff has supported a team of Lead Volunteers to
develop this year who have contributed to every aspect of the charity's operations. from working in primary and
secondary schools, beekeeping, to supporting patients engaging in the Grow Well project and in the strategic
development of the charity at board level.
Lead Volunteers assist Grow Cardiffs staff in supporting session participants, day-to-day operational activities.
planning, reviewing and the development of garden sites.
Grow Cardiff highly values its volunteers and seeks to ensure that each is fully supported and provided with
appropriate training and development opportunities. This year volunteers took part in training opportunities
including- working therapeutically (occupational therapy training), working with teachers and children to grow in
schools, Food Hygiene, Beekeeping and played a significant role in developing Grow Cardiff s Theory of Change.
In addition. Grow Cardiff has supported groups of volunteers from corporate partners whose staff have worked at
the charity's community gardens on staff wellbeing days.
Achievements and performance
Through our Health workstream, Grow Cardiff has continued lo develop Ihe Grow Well project at three therapeutic
community garden sites across the city, in partnership with the SW Cardiff Primary Care Cluster. This was enabled
through Grow Cardiff securing a £197K grant in partnership with Cardiff & Vale Health Charity and NHS Charities
Together. To date, it is the largest grant the charity has secured and has enabled significant new project
developments. Over the course of the year the charity has supported 94 patients and local people who self-referred
to improve their mental health and wellbeing through weekly therapeutic community garden sessions. 790 visitors
engaged in garden activities or events over the same period. The charity also engaged and supported 20 adults in
therapeutic, natur&based indoor crafts, who for health reasons, were unable to attend outdoor sessK)ns from
November 2023 - March 2024 through the indoor Creative Grow Well project. The gardens attracted over 500
visitors and staff engaged more than 500 people through events. All of the Grow Well gardens have grown and
shared fruit. vegetables and herbs with pariicipants and their surrounding local communities.
Significant
landscaping and infrastructure developments have taken place across all of the sites, such as the new all-weather
garden sheller at Riverside Health centre.
Grow Cardiff was the only charity in Wales to secure 2 year funding for Grow Well through NHS Charilies Togetherl
Cardiff & Vale Health charity. This has enabled the charity to increase the number and length of Grow Well sessions
and increase staffing capacity in order to provide increased support to more local people. These developments
were enabled Ihrough the creation of a new Grow Well C(H)rdinator post to oversee operalional developments.

GROW CARDIFF
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
In the Education workstream, Grow Cardiff completed training for the 2022-23 cohort of Edible Playground primary
schools and having secured a further contract with Trees for Cities, began work with a new 2023-24 cohort. In total,
the charity has worked simultaneously with 18 schools across the city this year. Grow Cardiff is proud to have
adapted its programme and approach to support the learning needs of Welsh medium schools as well as those
supporting children with special educational needs. Grow Cardiffs School Engagement Officers trained 442 staff
and supported 2,484 children to take part in hands-on educational workshops, teaching adults and children alike
how to grow and sustain their school gardens year-round. In response to feedback from schools, Grow Cardiff co-
designed and delivered a follow up 'second year, support training package for schools who had previously taken
part in the Edible Playgrounds programme, who sought refresher training for staff.
Community
Grow Cardiff continued to mentor three community garden projects as well as support volunteers to grow and share
food at Riverside Community Garden. Following a review of the structure and support needed to take the project
forward, the Grow Cardiff trustees and staff. in agreement with Riverside Community Garden volunteers, supported
the project to transition management of the garden to Cardiff Salad Garden. This will enable further funding, staffing
and development of the project and secure its longer temi future.
The charity is proud to have been awarded four Green Flag Awards this year for its community gardens. In addition,
the Riverside Health Centre site was a national finalist in the BBC One ShowlRHS Community Garden of the Year
awards.
Achievements against objectives set
Over the last 12 months Grow Cardiff has:
Increased the number of adults engaged in therapeutic community gardening activity
Increased the capacity, biodiversity and food grown across the charity's community gardens
Engaged, supported and trained more teachers and children to grow and sustain their own gardens
Mentored and supported new and struggling community garden projects
Begun a Theory of Change process
Increased the size of the stsff leam
Restructured the Grow Well team to increase delivery
Used the restructure to free up core staff time for new strategic developments, thus increasing management
resilience
Purchased an electric van
Upgraded the charity's website
Moved to a new office base
Increased the diversity, skill and experience of the board of trustees
Performance of fundraising activities against objectives set
Fundraising objectives for 2023-24 were to continue to secure income for core development, new and existing
projects and to increase unrestricted income via service delivery contracts, together with mentoring and
consultancy.
Grow Cardiff is proud to have been awarded £197K over two years to support the delivery and develcpment of the
Grow Well project. This is the charity's most significant grant to date and marks a step change in the level of
income it has been able to secure.
Grow Cardiff continues to be committed to increasing unrestricted income and reducing dependency ￿ restricted
grant funding. This year the charity has successfully secured a further contract with Trees for Cities to develop the
Edible Playgrounds programme. In addition, it has secured a two year £30K grant with The Fore to fund its
Director's post to enable new strategic development.
The charity's total received restricted income increased this year from £141 K (2022-23} to £195K.

GROW CARDIFF
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
These funds enabled the charity to become more sustainable as Grow Cardiff has secured core income and new
and match funding for existing projects.
Notable funds included..
The Fore.. £15,000 (Director's post)
The National Lottery, People's Project: £10,000 {for the new Grow Well Co-ordinator's post)
First instalment of £197K Cardiff & Vale Health CharitylNHS Charities Together grant (for Grow Well)
Grow Cardiff decreased its unrestricted income from £70K (2022-23) to £36K.
This reduction was due to increased income in 2022-23 due to a 'one off arrears payment of Employment
Allowance dating back several years- and the timing of re￿IptS, meaning that income for the Schools, contract
through Edible Playgrounds was lower. New sources of unrestricted funding were secured through mentoring and
¢onsultanGy work. Grow Cardiff is committed to increasing its unrestrided income over the coming year.
Investment performance against objectives
For the second year, Grow Cardiff's finances have been prepared on an Accruals basis. (Previously they were
prepared on a Cash basis.)
Financial review
Total income for the year was £231.235 being £35.805 of unrestricted funds and £195,430 of restricted funds.
The unrestricted funds caried forward at the year end were £62,159 (2023.. £41,779) and restricted funds of £18,184
12023.. £18,847). The free reserves were £34,837 (2023.. £41,779).
Review of the charity's financial position
At the end of the reporting period, cash funds, held in a bank account or as unspent balances on prepaid cards,
totalled £105K.
Policy for holding reserves
Reserves are needed to bridge the gap be￿een the spending and the receiving of income and in the unlikely event
that no further income is generated andlor the trustees decide to close the charity.
The nature of Grow Cardiffs funding results in income being received at uneven inteNals. As such the trustees
have determined that the unrestricted reserves held by the organisation ought to be sufficient to cover at least three
monlhs of salary costs. It should be noted that reslricted fvnds usually indude a contribution towards stsff costs and
therefore provide an additional means to cover staff costs.
3 months, salary from April - June 2024 amounts to £42,370. With free reserves of £34,837, the charity was £7,533
short of meeting its reserves policy. Trustees to address this as a matter of concern going forward.
Amount of reserves held are £34.837.

GROW CARDIFF
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The charity's principal sources of funds {including any fundraising)
Grants from..
Cardiff & Vale Health CharitylNHS Charities Together
The National Lottery Community Fund
The Fore
Glamorgan Voluntary Services
Cardiff & Vale University Health Board
Cardiff Council
Contract for services..
Trees for Cities (for the delivery of the Edible Playgrounds programme)
Grow Cardiff has also secured unrestricted income through workshops, mentoring and consultancy
Grow Cardiff has received significant in-kind fijnding lo physically redevelop its sites through Keep Wales Tidy,
Local Places for Nature project
Principal risks facing the charity
The principal risk is mainlaining a range of income SoUr￿s. particulady for sustainability of OLf core work and the
Grow Well project
our most significant project delivery. Grow Cardiff continues to be reliant on grants for the
majority of ils work. Securing funding for core posts and a two year grant for the Grow Well project mitigaled these
risks for 2023-24 and 2024-25. However, going forward. the charity needs to secure longer term funding for more
than two years at a time. The risk to the charity would be lessened by securing more unrestricted, non-grant
funding.
In the 2022-23 TAR, il was noted that a significant risk to the charity was the use of the Director's lime to oversee
the charity's main operational delivery: the Grow Well project. In 2023-24, core funding was secured for a Grow
Well Co-ordinator post. which freed up the Director's time to focus on strategic objectives, including altemative
funding sources.
In June 2023 the long serving Grow Cardiff Chair stepped down from the role due to unexpected personal
circumstances with no prospective of a new Chair in place. However. following a short period of rellection. the
board and staff were delighted to accept the offer of existing trustee, Alun Jones, who comes to the role with
decades of experience in the third and privale sectors.
Grow Cardiff must continue to secure core funding to enable organisational and strategic development of the
charity. It is important that the core posts and systems have sufficient resources to grow proportionately with
increasing project delivery. In addition. Grow Cardiff must secure on-going project funding to deliver against
organisational objectives and secure staff posts to enable this
Structu￿, governance and management
Constitution
The organisation became a Charitable Incorporated Organisation (CIO) on 8 May 2015. The charity's governing
document is CIO - Association Registered 8 May 2015.
Trustee recruitment
Potential trustees are invited to join board meetings and 'shadow'. to understand the structure and set-up of the
board and its work. Thereafter, if the individual wishes to join the board and the board agrees that this is in the
interest of the Gharity's aims, the individual Gan formally be c(H)pted onto the board during any trustee meetings at
the agreement of the existing trustees during board meetings.
Election of trustees- at the first AGM all trustees stand down and are re-appointed if elected and seconded.
Thereafter the 3 truslees who have been in post the longest stand down at each AGM. Trustees can Ihen be re-
appointed if proposed and seconded, or new trustees can be appointed to a maximum of 12.

GROW CARDIFF
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Induction and training of trustees
After an initial conversation with the Directorlchair of Irustees, potential new trustees sil in and shadow board
meetings. If they wish to apply to join the board they are selected on the basis of experience and skills needed to
complement the existing portfolio of trustee expertise and strategic objectives. This process is guided by reference
to the charity's 'trustee skillslexperience matrix. which is used to detemiine 'gaps' across the board.
Trustees aim to attract as diverse a range of backgrounds and relevant skills and experience as possible. in order to
reflect the communities the charity seNes. All new trustees must complete a registration. declaration. and Conflict
of Interest forms. They are required to provide referen￿S where deemed necessary, and are provided with the
Charity Commission's 'The Essential Trustee, and infomialion about public benefit.
Organisational structure and any wider network with which the charity works
Volunteer participants are at the heart of our organisation. They are supported by a team of lead volunteers and 7
part-time staff (who focus on education, health and community workstreams). The delivery team is supported by an
Admin & Finance Officer and Grow Well Evaluation Officer, overseen by a Director who is accountable lo the Grow
Cardiff board of trustees with a Chair. Treasurer and Secretary.
The charity works closely with the Edible Cardiff neiwork, Food Cardiff and the SW Cardiff GP Cluster and social
prescribing network, WCVA and C3SC networks.
In addition, the charity has corporate partnerships with Lovell, Knights Brown, Starbucks and Hubbub. Key
partnerships in the community include ACE (Action in Caerau and Ely), the Probation Service, Community Payback
team and Keep Wales Tidy.
Related parties
Grow Cardiff is committed to an on-going relationship with London-based charity Trees for Cities. with whom it
delivers the Edible Playgrounds programme. in partnership with Cardiff Council.

GROW CARDIFF
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Reference and Administrative details
Charity name
Grow Cardiff
Registered charity number
1161591
Charity's principal address
460 Cowbridge Road West, Cardiff CF5 5BZ
Trustees
Francoise Curtis
Sarah Griffiths (Chair) until 22 June 2023
Dr Jemma Hawkins
Alun Jones (Chair) from 9 November 2023
Aisling Judge
Stephen Parry-Langdon (Treasurer)
Penelope Smith (Secretary}
Nicola Thomas
John Daniel Owen
Geoff Smith - appointed 25 January 2024
Senior staff members
Isla Horton (Director)
The trustees, report was approved by the Board of Trustees.
Alun Jones (Chair)
Stephen Pary-Langdon (Treasurer)
Date..
30-01-2025

GROW CARDIFF
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GROW CARDIFF
I report to the trustees on my examination of the financial statements of Grow Cardiff (the charity) for the year ended
31 March 2024.
Responsibilities and basis of report
As the trustees of Ihe charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charitys financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act.
Independent examinerfs statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance V￿th the Financial Reporting Standard applicable
in the UK and Republic of Ireland {FRS 102) in preferen￿ to the Accounting and Reporting by Charities= Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been
thdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in accordance
with Generally Accepted Accounting Practice effective for reporbng periods beginning on or after 1 January 2015.
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the charty as required by section 130 of the 2011 Act., or
the financial statements do not accord with those records- or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts sel out in the Charities (Accounts and Reporls) Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial Statements to be reached.
Craig Yearsley FCCA
Azets Audit Services
clo A2ets
Ty Derw, Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
United Kingdom
3t Ja￿￿8ry 2025

GROW CARDIFF
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
Total
Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Notes
Income from:
Donations and
legacies
Charitable activities
419
35,386
500
194,930
919
230,316
70,341
141,030
211,371
Total income
35,805
195.430
231,235
70,341
141,030
211,371
enditure on"
Charitable activities
58.064
153,454
211.518
46.575
122,315
168,890
Net (outgoing)lincoming
resources before
transfers
(22,259)
41.976
19.717
23,766
18,715
42,481
Gross transfers
between funds
42,639
(42,639)
1,962
11,962)
Net incomel(expenditu￿j
for the yearl
Net movement in funds
20,380
(663)
19,717
25,728
16,753
42,481
Fund balances at 1 April
2023
41.779
18.847
60.626
16,051
2,094
18,145
Fund balances at 31
March 2024
62,159
18.184
80,343
41,779
18,847
60,626
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

GROW CARDIFF
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
10
27,322
Current assets
Debtors
Cash at bank and in hand
11
3,012
105.382
2,062
156,504
108.394
158.566
Creditors: amounts falling due within
one year
12
(55,373)
(97,940)
Net current assets
53,021
60,626
Total assets less current liabilities
80,343
60,626
Income funds
Restricted funds
Unrestricted funds
Designated funds
General unrestricted funds
14
18,184
18.847
15
27.322
34.837
41,779
62,159
41,779
80,343
60,626
The financial statements were approved by the Trustees on .
30-01-2025
Alun Jones (Chair)
Stephen Parry-Langdon rfreasurer)
10-

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Grow Cardiff is a charitable incorporated organiation.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Igoverning documentl, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" I'FRS 102-1 and the Charities SORP 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" (effective 1 January 2019}. The
charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Stat￿ent of
Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practi￿ which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in steding. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objeGtives.
Restricted funds are subject to specific conditions by donors as lo how they may be used. The purwses and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject lo specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any Performan￿ conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation. unless perf0mlan￿ conditions require deferral of the amount. Income tax recoverable in
relation to donations re￿iVed under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
11

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economiG benefit to a
third party. it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The Gosts of eaGh activity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity- Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those activitEs on a basis
consistent with the use of resources. Central staff cosls are allocated on Ihe basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Motor vehicles
200/0 reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carying amounts of its tangible assets to detemiine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the chariws balance sheet when thè charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial ststements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
12-

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if paymenl is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's ServI￿S are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide temiination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects fflly that
period. or in the period of the revision and future periods where the revision affects both current and future
periods.
Donations and legacies
Unrestricted Restricted
funds
funds
Total
Total
2024
2024
2024
2023
Donations and gifts
419
500
919
13-

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
2024
2023
Charitable activities
Consultancy and workshops
Performance related grants
Other income
20,186
1,257
208,873
56,356
5,975
141,030
8,010
230,316
211,371
Analysis by fund
Unrestricted funds
Restricted funds
35,386
194,930
70.341
141,030
230,316
211,371
WCVA {Thrive)
The Beacon Lodge Charitable Trust
Comic Relief
Moondance Foundation
Cardiff & Vale Health CharitylNHS Charities Together
Cardiff Third Sector Council - Hau Third Sector Fund
Cardiff and Vale ULHB
The National Lottery Community Fund
Track 2000
Plot to Pantry
Grow Well (Direct Food)
Grow Well (Greener Communities Fund)
Grow Well (Other)
Riverside Community Garden (Awards forAII)
Grow Well (National Lottery Peoples Project)
Grow Well (Third Sector Capital Fund)
Creative Grow Well (SW Cluster 23-24)
The Fore
15,476
16,124
3,000
5,805
35,637
49,556
2,995
19,967
5,734
7.517
35,015
35,000
7,470
61,923
68
9,781
5,838
9,868
7,629
15,000
208,873
141,030
14-

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
2024
2023
Staff costs
Depreciation and impaimient
Insurance
Other costs and charitable activities
It & Software costs
Travel costs
Advertising & marketing
Premise costs
150,901
6,830
2,531
35.211
1,919
1,580
5,473
4,659
114,461
722
42,852
1,731
1,400
385
3.125
209,104
164,676
Share of support costs (see note 6)
Share of governance costs (see note 6)
274
2,140
2,514
1.700
211,518
168,890
Analysis by fund
Unrestricted funds
Restricted funds
58,064
153,454
46,575
122,315
211,518
168,890
Support costs
Support Govemance
costs
costs
2024
Support Governance
costs
costs
2023
Professional fees and
banking fees
274
274
2.514
2.514
Independent examiners
fees
2.140
2,140
1,700
1,700
274
2,140
2,414
2,514
1,700
4,214
Analysed between
Charitable activities
274
2.140
2.414
2,514
1,700
4.214
Governance costs includes payments to the independent examiners of £2.14012023.' £1,700).
15-

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
None of Ihe trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year or the prior year.
Employees
The average monthly number of employees during the yearwas:
2024
Number
2023
Number
Employment costs
2024
2023
Wages and salaries
Other pension costs
147,641
3,260
114,461
150,901
114,461
The totsl salary costs (including employers national insurance and pension contributions) paid to Key
Management Personnel is £33,272 (2023= £31.000}
There were no employees whose annual remuneration was more than £60,000.
Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
10 Tangible fixed assets
Motor vehicles
Cost
Additions
34,152
At 31 March 2024
34,152
Depreciation and impaimient
Depreciation Gharged in the year
6,830
At 31 March 2024
6,830
Carrying amount
At 31 March 2024
27,322
16-

GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
3,012
2,062
3,012
2,062
12 Creditors: amounts falling due within one year
2024
2023
Notes
Deferred income
Trade creditors
Accruals and deferred income
13
51,971
1,362
2,040
91,296
3,944
2.700
55,373
97,940
13 Deferred income
2024
2023
Other deferred income
51,971
91,296
Deferred income is included in the financial statements as follows:
2024
2023
Deferred income is included within..
Current liabilities
51,971
91,296
Movements in the year:
Deferred income at 1 April 2023
Released from previous periods
Resources deferred in the year
91,296
(91,296)
51,971
50,748
(44,943)
85,491
Deferred income at 31 March 2024
51,971
91,296
17-

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GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Designated funds
The income funds of the charity include the following designated funds which have been set aside out of
unrestricted funds by the trustees for specific purposes:
Movement
in funds
Incoming
resources
Balance at
1 April 2023
Resources
expended
Transfers
Balance at
31 March 2024
Fixed assel fund
(6,830)
34,152
27,322
(6,830)
34,152
27,322
The fixed asset fund represents the functional fixed assets used to further the charity's aims.
Transfers from the designated fund relate to additions and depreciation movement in the year.
-22-

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GROW CARDIFF
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Related party transactions
One trustees is a relative of an employee. Any potential conflict of interest is managed in line with Charity
Commission guidance.
There were no other disclosable related paty transactions during the year (2023 - none).
-24-