REGISTERED COMPANY NUMBER: 09295519 (England and Wales) REGISTERED CHARITY NUMBER: 1162486
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
Beth Chatto Education Trust
Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Beth Chatto Education Trust
Contents of the Financial Statements for the Year Ended 31 December 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 | to | 15 |
Beth Chatto Education Trust
Report of the Trustees
for the Year Ended 31 December 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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 Objectives and aims
Summary of the objects of the charity as set out in its governing document:
'The advancement of education of the public specifically in the subjects of horticulture, conservation, wildlife, environmental science and the preservation of the natural environment in such ways as the trustees see fit, including by:
a) provision of education courses, workshops and experiences
b) awarding individual grants and maintenance allowances to those furthering the core values of this charity.' Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section
the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit): " Adult courses in horticulture, teaching and garden photography
" Children's holiday courses/workshops in horticulture, wildlife and the environment " School visits covering horticulture, wildlife and environmental science.
Page 1
Beth Chatto Education Trust
for the Year Ended 31 December 2024
Report of the Trustees
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Summary of the main achievements of the charity during the year:
" Adult education programme continued with courses based in subjects of horticulture, wildlife, ecology and the environment, theoretical / practical, including creative, artistic and wellbeing elements. Courses ran over a range of 1 & 2 days, monthly, 12 weeks, 30 week and 2 year courses. Included annual repeats such as Seasonal Practical Gardening, Design Your Own Garden, Propagation and regular leisure courses. New additions included a 2 day Focus on Border Design, printing with plant dyes and moth trapping. We reintroduced Christmas courses again post covid.
" As a registered centre RHS exam sittings occurred in February and June. The first cohort of the new RHS syllabus began in September.
" The new Introductory Horticulture Certificate (accessible, tiered award to enable achievement and confidence building at a basic level) was piloted across the 3 planned groups. The Market Field special school cohort all passed and funding was secured to deliver this again in '23. We continued to support the community Jaywick group, continued to work with those taking it in the MIND group and secured a new pilot in December with YES (local Youth Enquiry Service).
" We facilitated a regular work experience placement at the garden for one of the young people from the Market Field IHC.
" Family garden events continued in school holidays with different formats to cater for different niches of family need. Numbers began to build back towards pre covid levels.
" School visits. GAPS PROJECT (Garden Access Project for Schools). Achieved funding to run GAPS2 in '22. Providing 6 fully funded trips, including travel, for schools identified as in need of support. This project round was again a great success, we will seek funding for GAPS 3 for '23. 19 additional self-funding schools booked making this the busiest year for schools so far.
" Our 4th Annual Lecture with new patron Adam Frost, postponed for 2 years due to covid, occurred and was a great success and fundraiser.
" The second Beth Chatto Symposium ran with a famous cast of speakers from the horticultural world. A fundraising and profile collaboration between the Beth Chatto Gardens and Education Trust, the profits of which are donated to the trust.
" Futures in MIND partnership - as their flagship RTN site (recovery through nature) we continued the fortnightly practical conservation sessions that began in 2020. The project continues to be very successful welcoming a range of regular and new service users in various stages of their recovery. Their management impact on the Wild Garden is clear, the habitat and teaching space is much improved. We hosted another wellbeing day for staff under the FIM umbrella sharing exercises, techniques and strengthening partnership.
" Introduced an Artist in Residence programme aiming to encourage diverse artistic interpretations of Beth Chatto Gardens and give artists a platform.
" Supported a local NHS supported living house with their outside space and donated plants. Supported a local school with their wildlife garden and donated plants as part of National Green Day. Designed a multi-sensory garden for Essex Wildlife Trust.
" Partnered with Essex Gardens Trust to support a creative writing competition as part of Essex book festival.
" Attended Colchester Eco Festival and Manningtree earth festival with stands on sustainability.
" Delivered talks to local groups in subjects of horticulture and Beth Chatto Gardens.
" Updated DBS checks. Training: Mental Health First Aider and First Aid updates.
Page 2
Beth Chatto Education Trust
Report of the Trustees
for the Year Ended 31 December 2024
FINANCIAL REVIEW
Reserves policy
General reserves only.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09295519 (England and Wales)
Registered Charity number
1162486
Registered office
Trustees
Mrs J M Boulton Dr C N C Horwood Barwise Mrs M E Marshall Miss C E S South
Independent Examiner
Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mrs J M Boulton - Trustee
Page 3
Independent Examiner's Report to the Trustees of Beth Chatto Education Trust
Independent examiner's report to the trustees of Beth Chatto Education Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
Responsibilities 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 requirements 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 carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
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 with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
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 with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Goody Chartered Accountants & Tax Advisors
Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Date: .............................................
Page 4
Beth Chatto Education Trust
Statement of Financial Activities
for the Year Ended 31 December 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,719 Charitable activities Course fees 201,757 Other income - Total 207,476 EXPENDITURE ON Charitable activities Course fees 219,451 NET INCOME/(EXPENDITURE) (11,975) RECONCILIATION OF FUNDS Total funds brought forward 16,926 TOTAL FUNDS CARRIED FORWARD 4,951 |
Restricted fund £ - - 5,175 5,175 5,175 - - - |
31.12.24 31.12.23 Total Total funds funds £ £ 5,719 5,089 201,757 78,163 5,175 2,360 212,651 85,612 224,626 124,220 (11,975) (38,608) 16,926 55,534 4,951 16,926 |
|---|---|---|
The notes form part of these financial statements
Page 5
Beth Chatto Education Trust
Balance Sheet
31 December 2024
| 31.12.24 | 31.12.23 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 6 | 6,373 | - | 6,373 | 6,501 |
| CURRENT ASSETS | |||||
| Debtors | 7 | 3,941 | - | 3,941 | - |
| Cash at bank | 3,729 | - | 3,729 | 47,657 | |
| 7,670 | - | 7,670 | 47,657 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 8 | (9,092) | - | (9,092) | (37,232) |
| NET CURRENT ASSETS | (1,422) | - | (1,422) | 10,425 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 4,951 | - | 4,951 | 16,926 | |
| NET ASSETS | 4,951 | - | 4,951 | 16,926 | |
| FUNDS | 9 | ||||
| Unrestricted funds | 4,951 | 16,926 | |||
| TOTAL FUNDS | 4,951 | 16,926 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
Beth Chatto Education Trust
Balance Sheet - continued
31 December 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
J M Boulton - Trustee
The notes form part of these financial statements
Page 7
Beth Chatto Education Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
Beth Chatto Education Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 128 | 169 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
The trustee, Miss C E S South, is a course tutor and therefore invoices the Trust for her services.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.24 | 31.12.23 | |||
|---|---|---|---|---|
| Management and administration | 2 | 3 | ||
| No employees received emoluments in excess of £60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 5,089 | - | 5,089 | |
| Charitable activities | ||||
| Course fees | 78,163 | - | 78,163 | |
| Other income | - | 2,360 | 2,360 | |
| Total | 83,252 | 2,360 | 85,612 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Course fees | 121,860 | 2,360 | 124,220 | |
| NET INCOME/(EXPENDITURE) | (38,608) | - | (38,608) |
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 9
Beth Chatto Education Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | continued | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 55,534 | - | 55,534 | |
| TOTAL FUNDS CARRIED FORWARD | 16,926 | - | 16,926 | |
| 6. | TANGIBLE FIXED ASSETS | |||
| Improvements | ||||
| to | Plant and | |||
| property | machinery | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 January 2024 and 31 December 2024 | 6,316 | 2,638 | 8,954 | |
| DEPRECIATION | ||||
| At 1 January 2024 | - | 2,453 | 2,453 | |
| Charge for year | - | 128 | 128 | |
| At 31 December 2024 | - | 2,581 | 2,581 | |
| NET BOOK VALUE | ||||
| At 31 December 2024 | 6,316 | 57 | 6,373 | |
| At 31 December 2023 | 6,316 | 185 | 6,501 | |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.24 | 31.12.23 | |||
| £ | £ | |||
| Trade debtors | 3,941 | - |
continued...
Page 10
Beth Chatto Education Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
| 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors Accrued expenses 9. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1.1.24 £ 16,926 16,926 Incoming resources £ 207,476 5,175 212,651 At 1.1.23 £ 55,534 55,534 |
31.12.24 31.12.23 £ £ - 3,137 8,192 33,555 900 540 9,092 37,232 Net movement At in funds 31.12.24 £ £ (11,975) 4,951 (11,975) 4,951 Resources Movement expended in funds £ £ (219,451) (11,975) (5,175) - (224,626) (11,975) Net movement At in funds 31.12.23 £ £ (38,608) 16,926 (38,608) 16,926 |
|---|---|---|
continued...
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Beth Chatto Education Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 83,252 2,360 85,612 |
Resources Movement expended in funds £ £ (121,860) (38,608) (2,360) - (124,220) (38,608) |
Resources Movement expended in funds £ £ (121,860) (38,608) (2,360) - (124,220) (38,608) |
|---|---|---|---|
| (38,608) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.23 | in funds | 31.12.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 55,534 | (50,583) | 4,951 |
| TOTAL FUNDS | 55,534 | (50,583) | 4,951 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 290,728 7,535 298,263 |
Resources Movement expended in funds £ £ (341,311) (50,583) (7,535) - (348,846) (50,583) |
Resources Movement expended in funds £ £ (341,311) (50,583) (7,535) - (348,846) (50,583) |
|---|---|---|---|
| (50,583) |
continued...
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Beth Chatto Education Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
10. RELATED PARTY DISCLOSURES
The trustee, Miss C E S South, is a course tutor and therefore invoices the Trust for her services.
The charity pays The Beth Chatto Gardens Limited for rent and other services.
Page 13
Beth Chatto Education Trust
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
| Detailed Statement of Financial Activities for the Year Ended 31 December 2024 |
||
|---|---|---|
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 5,719 | 5,089 |
| Charitable activities | ||
| Course fees | 81,643 | 71,971 |
| Sundry sales | 5,203 | 6,192 |
| Symposium income | 114,911 | - |
| 201,757 | 78,163 | |
| Other income | ||
| Grants | 5,175 | 2,360 |
| Total incoming resources | 212,651 | 85,612 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 14,742 | 62,497 |
| Pensions | 275 | 1,780 |
| Direct costs | 138,045 | 13,850 |
| Tutor fees | 24,400 | 14,682 |
| Postage and stationery | 1,336 | 456 |
| Advertising | 7,415 | 3,290 |
| Sundries | 2,318 | 2,748 |
| Travel and subsistence | 59 | 485 |
| 188,590 | 99,788 | |
| Support costs | ||
| Management | ||
| Insurance | - | 858 |
| Finance | ||
| Bank charges | 2,620 | - |
| Depreciation of tangible fixed assets | 128 | 169 |
| 2,748 | 169 | |
| Governance costs | ||
| Rent | 32,028 | 22,505 |
| Accountancy and legal fees | 1,260 | 900 |
| 33,288 | 23,405 |
This page does not form part of the statutory financial statements
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Beth Chatto Education Trust
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
| Detailed Statement of Financial Activities for the Year Ended 31 December 2024 |
||
|---|---|---|
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| Total resources expended | 224,626 | 124,220 |
| Net expenditure | (11,975) | (38,608) |
This page does not form part of the statutory financial statements
Page 15