TRUSTEES, ANNVAL REPORT . FOR THE ENDED YEAR MARCH 3121124 PENNINE LAN COMMUNI Charltable Incorpornted 0¥1$9110n reglstered In England: 1169862 PENNINE LANCASHIRE COMMUNITY FARM (a Charitable Incorporated Organisation 1169862) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312024
INDEX Chairfs FOrOrd 2 AdniStrativ8 infomiation 3 4 Trusl8es' and DirBCtors' rewt 4- 10 IndeFeTrJent examinerfs r•p)rt 11 Statement of financAal aL*vities 12 Balar shg•t 13 Notes lo the finanaal Statem 14-21
P£NNtNE LANCASHtRE COMMUNITY FARM CHAIR'S FOREWORD FOR THE YEAR ENDED MARCH 312024 Chal$ Forvonl W•ll, y••r w•'v• had hef• PLCF h•wrwJ •n9•g•d ith 1250 poopkn on ovw 30 dthrent ¥rt•s. Many of our •c4ivrti•s ¥• ethtinu•d tr? last y••r, h•d quit• 4 f•w new on•$ too. Th• Wldftmr M•adt)w at 81acko h•$ flourish•d with 44 drffer•nl n•w $perAes of flora founo 1ft9 id•nlffi•d durin9 our many visits with volunteors. The For•ging Hedge has been planted up 8n¢J h8$ giv•n a notiCe8e Inea in the numb•r ol visiting birds. Our thanks ffjusl go to Paul and visrting th• srte ¢h•¢king th• wildlif•, not to M•nt tyiThJ skills lik• Whing. Th• Frn8h Food Initiatlv• has gone In>m thngth to $tr•ngth, vo h•v• b•on abl• to donat• ov•r 3 lon8 olfr•sh food and 480 •99$10 local fotsdbanks. W• h olso w•n ourvolunteers al Marth Str•¢t ysing som• of th• haNest to prnpthrtr mals for 8 drffefent groups under lh• Cookin9 with lQndMss project. Thanks musl go to t•am at Ouf G•rden Able site for all Ih•ir hard WO planting, •xl•nd ourlocé produthon to th• Mar¢h Slr••l $rt•. W• hav• conlinu•d ourwort wrth kKal schools prowding n41urfrbas•d STEM aclivbti•s lIe ie¢hing b8$i¢ growng skill$ and lh• b•n•fits of h•atttrty eating. Our thanks ots to Rulh f¢f h•r honl work in d•livwiThJ a $$ful piopct. Anoth•r gr•8t succ•ss was Brrtish SoerKe 2023 wh•n VA sp•nt tA))ti Vrth marry (Ildr and adults t•aching about ¢h• important rol& trees play in our very existence and th¢ b•n•fits thoy bn'ng to Ihe envimm•nt. Our 9r•t•ful thanks go to H•l•n and Ruth who researched and d•lN•r•d this mosl infomiative proje(. RO SM8 to hav• t8k8n on the mantle ol'ctynmunty Ch•f wthlng with the ladies of th• kul ¢ommunity and volunt••rs to products a wde r8nge ol produLI5, ranging from biscurts to chulney to 2 course meals using our own home grown produ. Everybody connected vnth t F8mi h•$ had th• opportunty to swnple Icty)d frcn 8¢rnss drflerenl cultures, whic has b••n vary well received. Thank5 90 lo Ran• •ftd thè t•am for m(ing al thi5 han. Thanks also to Aaron, Maddie, Jakera and Razio hard in th• ba¢ground supwt¢ng the l¢am and tha volunteeTr. And go 1¢ th• fulur•, w• will fae• challer#Jes as luThling is b•comiNJ mor• and more drffir>Jli to find, Ixrt l kntyl that •v•rybo connected wilh PLCF wll pull together and w• will ¢ontmu• lo fiourish. And finally I yUld like to thar th• Boord ofTrustees. staff and volwrteers. wTtIKLrt th•m and their c1MitMent w• oUld not b• whefe we are today. Barbarn Tr•nch•r- Chalrp•rnon
PEiyf4iNE LANCASHIRE COMMUNTfY FARM TRUSTEES, ANNUAL REPORT FOR THE ENDED YEAR MARCH 3121ll4 TRUSTEES Ms 8ea Foster Mr Rithard Hoy Mr David ne5 Mrs Jane Ihod Mts Reba Roy PAr5 Rubina Walker Mr Pèt•r Farnll Mrs kn"ndsay Imlliams Mrs Juh• Mrs Janel Turbrtt OFFICE HOLDERS Chair Mrs Bafabafa Tr•rKh•r TreaSur Mr Phillip Smrth Secretary MrAndr•w Hrtchon KEY STAFF Finance Mona9•r Clwk Operations Manag•r Th¢m8s wfAAon REGISTERED ADORE88 Eco Communty Hub Bumley Lanc•shir• 8812 ODU INDEPENDENT EXAMINER8 & ACCOUNTANTS Stacy Mason FCCA HGA Acctyjnlants & F)¢1•1 Consurtartts Ltd cal#m Stre•l. Hyd•, SK14 4EH BANKERS Ctrowr•iiv• ba P Sk•lmorsdale PO Box 250
PENNINE IANCASHIRE COMMUNITY FARM TRUST£ES' ANNUAL REPORT FOR THE ENDED YEAR K4RCH 3121)24 Th• trLbStees preseni thèir 8nMal report togeth•rwrth the finarKi81 stalemerrts of the tharty for the perxl •nded March 312024. REPORnNG FRAMEWORK Th& finanal 3tsl•m•nts eompty with th• Chanli•s Ad 2011. th• Charity's conslithon, and Accounting and Reporting ty Charilie& statèment ol RQMM&ndd PrxtKe abI• to chanties prepann9 their lunt5 irt a¢xudance with th• Finanrjal R•porting Standard •pplieabl• in the UK and R¥pUbl of lTrland IFRS1021 (effe.¥• 1 Jantsary 20191. r4f¢rnd to as thts Charilies SORP {FRS 102113xond •drtion- Ortober 20191. OBJECTIVES AND AcnMTIE8 Charftbl• •bJ•ci• The ObjecN ol th• Charity are.. al To adv8n¢& th• •ducab'on (primari but rt exdusiv•tyl olthe reswjtints ol Easl La1$hir• li th• ¥•as of agri¢uttur•. cons•rvation, runIry lrfe and r•lat•d subjecls. bl To provide I}11t¢e5 for rnu•8lion and other l•i8ur•-lime c¢(P10n In the inlerests of xdal weWar• through the mlslon of a¢tiviti•s and open spac• with Ihe objeca of inproving the condrtK)ns of Irf• for the said inhabitants, parlKul8tty those Wt hav• n•ed by rgason olth•lr youth, ag•. infmirty or {s>ty, POV•rty or 1•1 or •concrt rAroJnsthncM. In ord•rto d•lN•r th•s• obJ'•ca1v, ha a of pro5•tiith fwJ$ on thrw ar•ts.' • Soaal Indusi¢)n Education ACTIVITIES REPQRT Ov•r the finaal y•af 2023 to 2tr24, ov•r 12SO p•opl• efig09•d in our aclivrt •¢roM JO dllfvrwnt •ll•• in Buml•y and Pendl•, givlng n•arty 30,¢JOO hourn tsf Ih•if tim•, r•prentIfi9 a valu• of £1.4 mllllon lo local communJts•s and savinos to publk fund$, •sp•ei81fy thos• $iNggling whth the tt)sl-of-INing uisis arHI food irwurity. Work wth 92 oth•rOnIlll•n, goma ohl fri•nd$ •nd som• f•c•$, rKludiNJ fund•fS, ¢4)unc411, communty organisations, Co)rat partners, schools, collegs, lamiers, doctor4 •nd talenled artiuns across East Lancashir•. Wo began offèring garden design •s part of our Gard•n A¢tlon s•NKes. designing three mor• ¢ommuntty green spaS -'IL.I2 '. for othtrr orgAnisations. foKJtraP oui [Of PLLF Trllkniri rr _¥09 OT4£j ALwosf iflM£OIrfL i ro ftrL ,..,, rthtso PURPOS6 1 THCLi&trlT ()LD roecJeR AG141 '£ lE rr We continued to run our core programm8s wfiilg also ccnplvJting our Community Coppl¢ing proioet, 8nt1 our new Community R•Sr¢h pilo( ¢xpanding our Countryid• Pro9rnmm vnth our Edible Hedg¢row proi•ct and our Frw4h Food 1nlt1ati vnth our Cooking with Kindn•s8 prohct. All of this resurted in a gr•8l•r degre• of inlér-communty inlegr41ion. peOe from drfY•rnnt ba¢grounds. faith$ and nationalities ¢oming togeth•r lo enjoy vthat wo have to off¢r. G•n•rnl Update and C•l•brntlon• Our Eco£omrnunlty Hub has become a ¥Art ¥ThJ engaging S¢# for all drflerent communty acttvities throu9hoLrt Ihe sgasons Alongside our regular progranMM•s. but our kitchen realty got a vthout in 2023 to 2024 with our'cooktng wlth Kindn•ss" projects, hosts'ng ¥ monthty communty meo1 ¥ month. Irma th• amount of English as • sen Languag• iesoLI ¢ourn•i w• host. as well as Living W1 Clin1 to hdp th0 struggle accw45in9 htsalre, and $p8o81ised gfeen
PENNINE LANCASHIRE COMMUMTY FARM TRUSTEES, ANNUAL REPORT FOR THE ENDED YEAR MARCH 312024 workshops on coppng and wooth¥orking as well as crynrnunty r¢s••r¢h vnth thfr help of Manch•ster Metropolitsn University. Our wort vrith Pdiham Gr••n Prlm•ry School was cefebraled wilh a vtsrt from HRH Duch•M of York. This year, instead ol one big trip, toc& 55 volunt••rs on our s•¢ond •ea•ide outing to SLAnn•s, and 47 women from local BAME communiti•s to RHS Brid9èWat•r. Our Christmas party was a real ¢ommunity affair. 9krt ty our volunteers for our voluntears, th the h•lp of Health and Soo•1 Care 51udènts from 8umley College, th 59 PPtr onjoying a hom•4ooked thre• ¢ourn• m•al ullng produG• grnwn h•r• at th• eommunlty farnil Project Updat•• fof 23124 CORE PROGRAMMES Growlng Into EThpl?ym•nt Our Gr¢)wing into Employmont programm• builds pp10 confidenra and wellhing through ecTrtherapy 1¢1• takin9 them thNgh diffw8nt trnining and work experi ol ro•l.workl G•fd•n Actlon 98rdèning jobs lo the end ol getting back Into empbymenl or lurther volunteenng This y•8r". Eeo Th•rnpy- •ngag8d 237 p•opl• •t rlsk of l•ol•tlon or struggling with Ih•ir ptysul, m•ntal N •conomk wellboing tJu• lo multipl• la¢tors in 538 or••n actlvlty M•lon& Trnlnlng Ind E¢lu¢•tlon- •ng99at1962 p•opl• In dlr•ct •duc•tlon ortrnlnlno in ov•r 480 ##10n1. Employm•nt •nd Lonq t•rni Volunt•trlng. Jupport•d 14 p•opl• Into op•n •mploym•nt And 78 Into long4•rn1 ¥olunt••tlng. The Gard•n A¢tlon TMM gav? 29 p•opl• with ¢ompl•x n••ds It o portunity lo qain real %bfjrk •xpan•ne•, providing gaiden servic•s to feal life custom•f5 and build419 th•ir $kill$ •nd ¢t)nffid•ne• tchvafds mrAfmg inlo On •mpl¢ym•nl. Communlty Enqag•rn•nt Progrnrnm• Our Chilli Club ond communty •ng8g•m•nt programTh prov85 the k>cal community in Stoneyholmt wth It)w ¢o$19rwng SP4¢•. to gr••n $pg¢• as w•ll As fr•• vleS and trips. Thi5 yg•r'. 109 p•opl• r•nt•d rws•d b•d• for onty £2 a year •# of our Chlill Club ¢ommunity •llotm•nt eh•m•. e held $6 ¢ommunity •n9ag•m•nt Mulgns. induding ourc¥aft dub and new Creative Lives 5e55ion5. 94rd•n workshops ant1 commun ty consutt81ion m•tstings. Floristry a brt hrt! (S righti. We ran 30 communlty •v•nts induding meetings. m•81s and trips hostad 30 ESOL cla8••• (English speaking for other Lqnguagesl, t- t•nd•d by 20 p•oph. ,Ji Grubby G•t Grubby ¢Jyt of S¢hool provid•s fr••, fun gmn actFvity sessions throughout the school holidays on M8rch Street COrMIty Gardeng. as ¥•YII as tnps ¢)ut lo ¢xJr p8rtn¥r fam. This year. Wts hèlped 101 ehildrnn 1ts8m aboul nature, 8s well as improwng Iheir physical and emotional wellbeing and make new friends. ran 32 Get Gwbby holld•y club •8tsion8 ab)ut things lth• f8miirKJ. nature, bushcraft skills and STEM ac#Nrfies.
PENNINE LANcASRE COMMUNrrY FARM TRI:.STEES' ANNUAL REPORT VOR THE ENDED I'EAR MARCH 3121Tr24 Grnwlng Mlnds Our Growng Minds programme provid•$ s¢hools rKI collègès With b&spoke leaming experieneès. erthfrr on their srtes or ours subfftcl to their pref- erence. Th8 ekty tiViti0$ ar6 desHJned with thè needs of the school and stud•nts in mind and tailored their currKulum if d•sired. Typically, the stssions cover gardening, forest sthool, n8turn and environmentsl •du¢ation. They are also m•an$ for Ihe school to upgrade their outdoor spacos tha$ to the rtyular maintènance and sult•tion prOvad ty tyjr town. Thi$ y•ar. •ng#g8d 17 •¢hool• and coll•ges. 630 chlldr•n, ran 121 1$1n# and crealed or •nhancad 9 School gr••n •p•c•• with the h•lp of th• Garden Action Tg•m. Our Mobl1• F•mi returned. giving ehi dren and yiyJng people acr0$5 our partner 8dwl¥ • uniqué up ejoso and personal ¢xp•ii- •rhc• of livest and the opportunty for Q&A Ih • rnal famor. We offered 28 work •xp•rf•nM plaum•nt• lo ud•nts ol IM abl110$. Fr••h Food Inllltlv• Th• Frsh Food Inth'otiv• l•a¢h•s p•opl• how to grow Ihtsir own food, to cook il, ond Y$ th• fr•sh ducè to provid• communrty and food bank thjn tlons. Sinco it b8cam• fulty op•ralional In May 2021. the project h43 donated 0r 3 tonn•• ol fr••h frult •nd v•g•tabl••. •• w•ll •• 480 •99s In 2023-2024 •lon•. This y•8r. Our fr•3h Iruit and v•g1)•n•ffted 790 p•opl• through the local food bank5 we with in Bumhy and Pendle induding Communty Gr c•ry, Otr•m Ttrwn, Ag• UK 4nd P•Thll• Food For All. We held 60 fhop, Cook and Ear ••ulon• teaching people to Masonal p(od¢x•, in four drffer•nt languages, induding iTrJividuals with eompl•x n•ed8. We t•U9ht $3 volunt••r• to grow frult and V•g•tabl••, vthh 17 d•di¢•t•d Indlvldu•l• t•klng on rol•s In our Growlng Team. worked wlh 10 Otr organi$ab'on8. Jharing aboul gU#tainabl• food produth"on. ran 16 communrty ¢Ing wth ndneSS. meals for plop at risk of $0(i81 isolatK)n and food insnty. induding our Chri$tm#s m•al. County•ld• Prn9rnmm•: sh•pIrI.# yr, Wlld Thlng•, edlbl• H•dg•- our"Sph's Year 8clivities have long been o highli9ht ol 8t we off•r. but from starting our IAfjbd Things meadow restor8tn proiect in May 2021. fundod by and in rtIrnhip wth F•ming In Pmlected Landxgw, we hav further dpveloped our countrystd¢ gng¥gwii•nt actNlti•s vrith Ouf Edible Hedgerow project. eftharKing an •xisting aent hodgtsrtr al our partner faffli by planting more der8e speaes designed lo increase '01Ver$ity as 11 as natural fwd sources for anNnals and humans a5 VMII •$ grean YJothvothing malerials.
PENNINE LANCASHIRE COMMUNITY FARM TRUSTEES, ANNUAL REPORT FOR THE ENDED I'EAR MARCH 312024 Th•se proj¢cts wer• so successful we r• fortunate enough lo have our fvnding extended, allon9 us to put in sethg to make Ihe proj•ci rnoo accessible to people with mobilty igsu•s, will) plans for the future induding all-terrain Veh9$ for u50 01 peopkry disabilities. c•lebration ever, outdoor art And mindlulnes$ sessions in additional lo scything and environmental adivrtl•3, rbcour•ging an Oven brnadef range of p•opl to 9•t involv•d and get th• b•nefrt of onneciin9 Wrth nature ond the bè8utifvl lan¢J$cw of For•st of Btrthand. This yer, 88 p•opl• visrted or porticipthd dir¢etly in our W)Id Thing5 andor Ediblo Hedg•ftrw project, SWNng. plgnttno tr•es. l•ilrvJ hedgerow and nall19 gates over 40 ••¥li)ns. fft x¥ ran g 1•ffikn1)9 5•6sion•. whw• SO p•opl• got an insido loc& into th• wortd of sh•¢p laming. from muthing oul to bottl00dld Lqmbj. INDepENDENT AND PILOT PROJECTS Communlty Copplc• Install8lion 01 our communty eoppr• and r•pl•¢ino 15% of our r•M•d bed or ed9lng wilh woven h8z•I or ad ed9iNJ was ¢pI•l¢d, moving us further our sustainability wL4. th rnn 12 °coppl¢lng° uHlon wth t help of incr•dible people •t Gr••TrM>od Twgos. who laught 101 p•opl• th• nrApS of lh• Anci•nl nJT•I ernft of wood weavin9. Long t•ffli. this profftct will •veryon• W uws Marth Streel Ccffimunty G•rd•ns. •s the coppic• it r•dLK• pollution, Indutjing noiv po114rtion, forthose in Ihe n•orby ¢¢>Mmunty And 4thool• •nd prov• a lUtsn•b wre• of m•t•rials fwgwd•n mainlenonce, furnl crafts and som• d•119 h•z•lnuts vrfl th••ththl W• havts Wn lucky enough to b••n fund•d by tho British So•rKe Association through their communty programm• to rJrkshw both during British S'er Vh•k and thrnugh tm se$, this y•8f psloied our Communty R•sear¢h proj• kK&ing to our cunmunitws to find out at Ihey thought WAS imFKxlant about do and what we should do more of, whil8 •180 Irning mor• attywl the 1ce of r•searth. We ran 6 community I•reh •v•nts with the Np of Alina H4iMs 8nd her l•am Irtsm Manch•sier M•trowlrt8n Univ•rsty. Involving 110 p•opl• from group5 trat1rtionally exduded from or under-represenl•d within srAence, with 10Vh f4•11nq that taking part Imprn¥•d thelr w•llbeing. "l jyst W3h•d we h•d morts tsme 1¢ •xplJr¥ our id•8s' said onè participAnt,' "I n•veT thought l tr)ubJ do ¥cienc•l" com•nlod anothtrr. SPECIFIC GROUPS AND CORPORATE ENGAGEMENT S•rvic• L•¥•b A9v•em•nt l Grd•n A¢lloTr Wa continued to monage Th• Good Llfe for P•ndl• Leiwr• Trust a sm811 thernpethK horticyiture projecl, alongside our Gard•nAbl site at Hodge House Allotments in Nelson, amplfymg Quf 8bilty to grwfresh Produ and posit¢'ve impact comb8ttiThJ food Insrty. d¢veloped thet Part at Hodge Htrjse in 8r8dley 114ar(I thrThryh (Kff Garden Adiwt te mlo Brndley Food Ganl•ft. sessions on f¢J)d growng in p8rtnership wth Hodgo House Commynrty Centre and In-situ. Our Gardèn Adion team continued the nexi pha5¢ 01 WO on the CL)nmunrty gmn spac• at Tmm IOSE adquart•r$. another local organisation d8d>ed to provhlry sottal opportunit$ and adivits for people with d15th.lieS.
PENNINE LA,YCASHIRE COMMUNITI. rAR%ITRLSTEES' A%NbAL REPORT FOR THE ENDED YEAR MARCH 3121J24 Edu¢•lional Placements We 1COmèd 16 modieal students onto work placements ta gAm•r real worfd experignce ol working wlh diver5• communities, as well a5 4 OrKup•tion•l Th•r•py ¥tud•nts who complet- ed prtsjtsds ins1411ing an uocycled outdoor s•at- In9 area and 8 sensory pa1&Y for dfflarentty abl•d visitors to OLFr Eo) Hub. We provided work experiéncè to 28 studer)t• from lo1 high 001, Crnv•n Coll•4• And th• Princ•s' Trust 30 young p•opl• 8trug- gling to •ng•9• wlth traditional •ducationl x•tting$ from Trnlning201KJ anrt 92 Hè•lth •nd Social Car• •nd 8Lr¥in••• Admln •tud•nts Irom Burnley Coll•o•. Corpor•th Engag•m•nt Volunt••rn from Chubb Fir• and &¢ui?ty U 8&Q. Asd and Cad•nt worted alongsi¢Je our volunteef5 on •Qivrties ¥$ ¢i¥tsrs• a8 $it• d•ara1. garden constru¢Aion and h•iping with our childr•n's aetivitias, donating suppli•s and equipmenl as well as their time CASE STUDIES fvlariy ol tsui ¥olunl•r$ $liu99le 4r• al cisk of $wo1 isola11 lJecauS ol dI¥bili.0s, htrlth cond$tn9 and olh•r thallenging lil• circurn51ances. He ar• som• ol Ih•if $lon•s. A l• In his 20• and h• many h••lth condition& In¢lyding Down• yndrom•, Autl•m and s•v•r• l•arnlng dIbIlita•S. H• commutes Irom an hour way wth his car• work•rjust so h• can ccrfne to the larm every week and has d¢n• for n•aty S years bev cau$& thi$ is on• of th• f•w plae•$ can eom• Ih8t lels him join in vthh Ihe nature ac'vrti•s hts lov•$ dèsprt• his Ilisabilities and be- in9 1)Ofv¥èrbal. A èAPéfll)l)c6$ major dips in MO( Iho1¢ is any chan9 ifi his lifts. bul c1n9 lo thé lafm makes him happy h• looks fOard to his d$ here, espeoalty doing th• rwding and 40sng th• wha•arrOW. D l• In h•r S0• and I1¥ In Buml•y. Sh• ha$1•8min9 4rffKultw, •uti$m and has I•nty lost her Irf• p4rtnef. C¢)ming lo th• ciJm- munty fami was a lrf•lin• for D 8ft•r her partner passed Y." she was lOty. anxious #nd Siruggling to managa things. She was Also v•ry n•Thous about talking to people she didnl know. Sh l¢v•$ 9ort•ning, plants and animals. Coming to the farm h•lp$ 18k• her mind off Ihings, staff have helped gel other h• Ih•t sh• h8dn't baen able to accass on her own from her GP or sotyal sefyices, and D hag l¢X$ of n•w p•opl• at lh• lami. In"•d new things and feels like she bebng5 here. Sh• thinks hèrc0mmunlcatn ski113 h8v impmv•d 8101 and $4y sh• b49 m8de g lot nl pw.ious fripndships Ihrough voliJntvring here over the past ye8r M IS In h•r 40• and Enqllsh Is h•r Hcond languag•. Sh• us•d to do 8 lot of gardening and wes studying English but has Struggled wth her heatth. m¢•ning shè has n••d•d multi8 operations, lives with chronic pain and is unabl• to Walk very far even wth a 3tirA. M also $in¢¢ d&v¢loped anxi•ty And d•pression. She comes to Ihe fann to join in th cooking meals for communty events and thMn9 rafts vthh the women's 9roup. Shè says rt holps h•r Just to get out of the house and be able to t81k to people about what she is going through who ynd•rstsnd. t5 cl .1 Q, PLCF FUTURE PLANS CO goals lor the year 2024 to 2025 toling food i security, upgrading our flagship Marth Street Communty G'arden si¢e and focusing on building linancAal suainabil through trade latIOnShipS so can continue to lulfil our Chaiitab ot4el#ives lor the good of lh* disa¢Jvantaged communities in East LaashIre, using OthdcMK space to Dnng people together io hnd ccfflmon ground forthe cornmon gooa.
PENNINE LANCASHIRE COMMUNITY TrARM'fRUSTEES' ANNUAL REPORT FOR THE ENDED I'EAR MARCH JI 2024 FINANCIAL REVIEW Ovèrvi•w This year our lon9.te funding a9reem•nt with the Natnal Lottery cTh to an ¢nd. r•duong ouf inccme from tnjsts and 9rant-making bodies and placing incrg$sing pmssure on fUndraij from nth¥ 50urc•$ 8nd through trading activrtRs. We did managa to Increase our trading income through a vari&ty of serv Level Agreemen1$. rtrts Imth sd)ools and colleges. foom hirn ty 32% on the pmious y•ar, and we secured addrtional furKling Ihrough $cy •mting aThJ new funders. Thg year 2024 10 2025 will require signrfKant irKrna> •$ In lunt1r8tsing from drflerent sources and feducarvJ •xtran•wb c4sts through donaticis in kind oth8r m•ans. Thi$ ytraf w• had a surplus on urnstrKted funds, btrfore ts#nsf•rs. of £18.646, and after1$1•r$ of £18,822. Rlsk man•g•m•nt We have considered the risk$ l•tyng th• charty, financialty and othem'se, tyjr and wocedurej and pul in pla appro iale poli¢$ lo mitlg•t• tho$• risk$. irtluding the continsjing rya¢é d th• Cost of Lwing and dal8 cri$. Prlncipal funding SOU•• Over Ihe lasl year we havè bèon •Xtr•M• grntelul for the lafg• nwib•r of In(hp•rK1t frjnding ago•5 that h¥v• $upport•d And abled the work ol Pennine L&nca$hire Communty Fam. Induding Lottery, Postc4)de Locol TNst, Crnatsv• Lives, Green Dr•#ms, L8ncashir6 MINO, Lancashire County Courvl. Chn$tal, Pthv•r to Chang•, Famiing in Prolecl•d L8ndseap6$, Asda, B&Q, 8nd British So'enct W••k and the BrSh so.¢ ASSallOn. Wthout the 5upporl of th•s& org8nisations, would nol be abl to provide key Penninè LariGashir$ Cwnmunity Fa1 sér¥ths ar n)any Ihar&5 ace ifj a¢h afid è¥W Ctnè. We have grown our trade-based income through provision of SLAS, contracts wth sthools and oth•r •ducalional institutions, Indud- ing work placements and green leaming ¥sIons, gafd•nin9 sthwus, rocfft hire, and managing oth•r organisations, green spK•$. Inv•itm•nt pollcy Ind r•vlthv We do not have any long-t?rm inv•strn•nts. Any swtyus frjnds arn placod on dewt 8 UK d•ariThJ bankljl as appropn'gt•. As Trustees we have consid•red wh41 th• •pprow• l•v•l olfrv rns•rv•s {unr•stri(a•d fvnds not Inst•d frx•d assets or oth•r- se desiqnaledl th• Chnty should h•v•. W• hAv• s•1 th• of having six month$ owrnting eosis plu$ Sulficieni r•soure•s to m8•1 the c03t5 01 wnding UP lh• Ch8rrty if lh was n•cessary lindudirvJ £1CW) tMrtls r•r11ransr ol the EcoHJb building), whi¢ would giv• a fiourn of cÈ126,$80 based on the 2023124 budq•t Th• frn• r•s•rv•8 al the year•end wern £151.016. Cost of Uvln9 Crf5• Th¢ ¢ost-of-living crisis contin3 to put a¢Jthtion41 pr•ssurns on Ihe dwrity. partitiJ14ty with risitvJ energy Pri #nd more people n•eding its help than •ver befr•. Ov•r the n•xt y•ar. IM Bo4rd LrfTfUStoes Vill conlinue to monitor rn$pond lo any finnaal Implb- CAtions resuhing. STRUCTURE GOVERNANCE AND AIANP4GEhlENT Gowmlng Docum•nt The Charity is a Charitabh Irporated organisatn and is gOned ty its ¢onstitthion d•t•d Odober 24th 2018. th• d8t• of its rngls tration wth the Charity C¢ynmission for England •nd Wal•s. M•mb•rnhlp M•mb•rship ¢8 open lo individuals who ar• interest- ed in lurthwing th• work of tho Chanty and havg Pa any annual $ubsrJipts'on as laid down by the EyeculNe. Membw5 over thè ag• of 18 a referr&J a# full m•mb•rs and h•vg ono vola oach. Memb•rn ijndftr the age of 18 are rel•rffjd tn A8 iijnior m8 bofs and do not have 4 voto. Membership is also open to any cknrporat¢ or uninporpfftted assoei8tiop. wh.irb. is interested in fiNlhenng the vrtrk gf the Charity •ftd has paid ary annual subknryV.iAn aftd a refed +0 as member organisations. M¢mb8r organisations appoint a Pi?ser,tatrrfe lo atttnd mee&ingS aid vote.
PENNINE LANCASHIRE COMMUMTY 'AKM'FRUSTEbS' ANNUAL RLPUR'I. FOR THE ENDED YEAR MARCH 3121124 Appolntm•nt of Trustse The Tru5te•s, who arè known collectNety as the Ex¢¢utiv¢ ¢thnmrtte•, are appoinled 8nnualty ty the members at the annual gen•ral mgèting as follows." . I he honorary officers.. cnair, Secretary and Treasurer. - Befven four and ten other Irust8•S. In addrtion. th• Executive Committee C{0P1 up to thrn• addrtional tnjstees Wt hrgld ¢ffie• until the next AGM. Thi$ is Ihè common prathce to allow for effective meeling5, hmvèr. there is Th) limit to the nwnber oftrust••s a CIO may appoint. Tru•tse induetion •nd tr•lnlng All trustees are supported In the following mann•r. . On joining as a truslee all twst••s r1¥0 an upt(Hlale IndUdH prtk indudino essential d1ments lik• business plan, constitution. l•tst COunts, minutes ol last trf)ard m¢•ting èt¢. . All Irustaes arè •neour8ged to attend a range ol trust•• trnining pn)Vh1e<l ty support ag•n¢i•$ I f•lèv8nt bodies ?.g. Buml•y P•ndl• and Rossendale Counryl lor Voluntsry servs. . Existing trust889 Bre •neoura9•d to mentor new Iruslees into thè rol• as a tnjstse. Organlsatlon The Executive Commfftee must not b• l•ss Ihan thrn• momber4 (IrK9J1n0 th• honorary offi&ryrsl, txrt ideally 81 l•a$t s•v8n members, adminislers th• Chanty and m••ts as necessary. The day-itrd•y operations of the Charity ar• th• r•sponsibilty of Helen Cl•rk IFi- nance M•nogerl and Tom Wlkinson (Operatsons Manag•rl io ¥A)om th• Trustees have delegaid authority for operational m•tt•rn in- cludlng nnance, employm•nt and artlsti¢ d•v¢lopmtsnt, thIn the overall gtr•i•w #orn•d by the Bo8rO. Coop•rntlon wlth oth•r oryanls•tSon•lchrftl•• This year we have maintained and enh¥nc•d OLtr partn•rships vnlh a wd• rnn90 privat•. publK And volurtary organlsations that rel?r individual$ lo us for support, provide Sim&r 5•r¥i. and support us in our aclNe Publ profile. Furthennore, we h#v• start- ed working wlh 8 r•ng• ol partmrs in t•ffls of servictrbased in¢tyn•. W• h8v• continued to onhanc our partn¥r8hip vthh a nUmr of olher organlsatlons In lerms Qf Sklll $nar• pArtn•rsNps, etc TRUSTEES, RESPONS181LITIES IN ReLATION TO THE FINANCIAL STATEMENTS Charity law rnquiras th• TNst••s to prepare financial $tat•m•nts for è8ch finana81 Yearh giv• 8 tru• and igir view of th? $l•t• of th• charltias and of Ihe 3¢Jrplus or d•fiot ol th• chonty for ihat p•riod. In weparing th0 fin•nty•l $18t•m•nts tho Trust5 hav•.. . selected suii•bl• 8¢¢nting Pol•$ and apled them n$la•ity . maa• lu¢Jg•m•nts anij estlmat•$ thal ar¢ r¢oxonabl• ond pnJa•nt ' Ste0 wneiner appii¢atyi• •c¢ount¥n9 sian¢Jaios nave Deen ioihwrta. WOi•¢t to •ny matenai a?partur•s aiWOSOa and explained in Ihe finantyal stat•mnls ' prepared thts finawal $lal•m•nts on the w'ng conrn basi Th• Trusl••$ a r•sponsible for k•eping rerKJrds vthKh dodos• wth r•asonable acojracy at lty lim lh• finanrAal position of th• ¢har- ity •nd lo •n8bl• tham to onsure Ihat the finan¢i *•i•m8nts comply wth the Charity A 2011. Thèy ara also re5ponsibl• fof sal guardlng the 855gtS tsf tn• ¢omp8ny ano n•n fortsking Steps for th• pr•¥tiOn anu d¢tIon of frsud •n4 otn•r Irf•guiarftio¥. APPROVAL Approved by the Board of Trustees Ind signed on it$ b•haK ty.. 8•rti•rn Tr•nchw- Chalrperjon 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PENPilNE LANCASHIRE COMMUNITI. FARM FOR THE I'EAR EYI DED MARCH 312024 I report to th• charty trustees on my examinat of thtr ac£ounts of the tharFty for the year ended M•rth 31 2024 are %1 tsut on pages 13 to 23. R¢$ponsibillti•s and ba$ of report As the tharity's trusl••s you are rnsponsible th? prep•r•tth of thè xounts in accordance wih tho r•quir•m&nts of the Charitios Act 20111.the Act'l. I r•port in r•sp6d of my examin8tKJn of the thanty's aoUn carried out under serAion 145 oflh• A¢1 8nd in carying out r •xaminalion I have followed all th• applic8ble DIf•dn5 gN•n ty the Charity Commtsjion und•r Sth)n 145151{bl of the Ad. Ind•p•nd•nt examlnerfj 3t4tsm•nt Your attenlion is dr&wn lo thè fact thal the charity has prepared fin¥hal siat8ments in e0rdarA Accounting and Reporting by Charities pr•paring th•ir accounts in accordan wth th• Finanoal R•wting Standard applrAble fft th• UK IFRS 1021 in preferenc• lo th• Accounting and Reporting by Charities.. Statem1 of R•comm&nded Pra(#ice tssugd ¢)n 1 Apiil 2005 ¢s ref¢rr¢d to in th• exlanl regulation$ but has nM b8•n withdmm. l und•rJt4nd that this has been done in order for finanry•l stst•Jifits to provM1e a tnje and lair view in •¢¢tydanc• with General Acpt•d Ae£ounting Practice effec'v? for f•pNb'rK4 p•riods beginning on or after 1 J•nu•ry 2015. I have rL)mpleled ry tx•minalion. l eonfim that no matwial mattws hav• &)m• lo rry att•ntion in comection with the •xamination giving me cause lo bli•v Ihal in ary matèrial respect.. 1. 8c¢ounting f•cords not kepl in resp of ¢h8nty as r•quirnd by sfxaion 130 of th• Ad. or 2. th• AunIS do not accord vthh thos• r•corfs', c 3. th8 aCCOLtnts do not compty wth th• appl¢gbl• rwuir•m•nts conc8ming the lom and cont•nt of ntS set out in lh• Ch•riti&$ {Accounis 8nd R•portsl Regulations 2008 oth•r Ihan #rry f•quif•m•nt thal th• accounts giv• • 'lrn• •nd lair vi•k which 1$ not matter consid•r•d •$ part of an Ind•p•ndont examinatTr. I h8v• no eonc•ms and hav• ccrfn• Acrou nts oth•r matt•rs in ¢Onn•di th• 0XIn•tM 10 •tl•ntion lhould h drawn in this f•POrt in Ofder to enable 8 proyr und•rnlwdiNJ of tm accourrts to be reathed. Stacy Mason FCCA HGA Accountants & Flnandal Consultants Ltd Va Chittenden Horley Ltd -chartered Accountants: Hyde Park House Cartwright street SK14 4EH Date..
PENNINE LANCASHIRE COMMuf41TY FARM STATEMENT OF FINANCIAL ACflVITIES FOR THE YEAR ENDED MARCH 3121)24 Not•s Toial Fufids Funds 2024 202J Incomlng rnsourus from g•n•rat•O lundg: 1,676 1.676 IT.121 Chantsb aclmbes 46.893 84.945 131.1 165,584 Inveslment mcc4M- bank Interest 1. 184 TOTAL 114COIIÉ 84,5 18J.609 EXPENDrruiiE Expenarture ¢h¥rtab ac1Nths 32.017 182,795 214112 229.237 TOTAL EXPEiioiniRE 192.795 214,112 2.ry. ry3T MET INCOMEIIEXPENOITURE) 8EFORE TRAMSFERS 18.646 197.8501 17•.2041 (45.348J TransfeTS beeen futwjs 24 MET MOVEMENT IN FUNDS 18.622 197.8261 17•.2011 (45.348) TOTAL FUNDS BROUGHT FORWARD 340.134 122.804 508.286 TOTAL FUNDS CAIIRIEO FORWARD 358.7 24.97 42•.012 462 938 12
PEIYNINE L4NCASHtRE COMMUNITY FARM BALAlCE SHEET AS AT MARCH 312(124 Notss 2024 2024 2023 23 FIXED ASSETS Tan9b Assets 189. f18 CURRENT ASSETS 11.751 6.492 Casn at Bank and m HaThl 1•1.$12 286.538 210.370 293,OiQ CREDITORS rnwnts fal1¥a aue In one ytar 10 16,753 19.210 NET CURRENT ASSETS 194,617 273820 NET ASSETS 462 938 FUNDS Unreslncled JS•.751 340. 134 Restncle¢Y 24,•79 f22,804 TOTAL FUNDS 313.73S 462 938 Apprr)v•d by th• 8o*rd and authorf••d ft4r IS• on.. And ¥lgned on th•lr b•h•if by: Ill Zy- Barbara Tron¢her- Chairpqrnon The notes on pages 14 10 21 fomi part of th•s• fin131 st8t•m•nts. 13
PENIYINE L4NCASHIRE COMMt?NITY FARM o'rES 1.0 THE FifANCIAL STATEMEN IS FOR THE I'EAR ENDED MARCH 312024 1 ACCOUNMNG POLICIES Basls of preparatlon The finan¢al statements have be&n prepar•d. under the histori¢ cost convenlaon,. in aetordance wih the Stalemeni of R&commended Practsce - Accounting and Reporting ty Chanties ppanng their accounts in with the FinanrAal Reporting Standard applicable in the UK and Republ ol Ireland IFRS1021 •ffectfft January 1 2019 (s0nd •diti"on - Octobor 20191., FRS102," and the Charities Ad 2011 and UK Generalty Accepted Prtice as rt applies from 1 January 2015. The accounts Ifinancial statomentsl have be8n pr•par•d to gwe a Irue and fairf view and h#v• d•parted from tho Chonti•s IAeeounts and R•ptsrtsl Regulatlons 2CX)8 onfy to Ihe exlent r•quired to providts a 'tnJe and fair viev/. This departur• has invofved followng Accounting and Reporting by Ch8riti?s preparing their aCQ)unts in accordan th the Finsnci41 Reporting Standard applicable in the UK and Republic of tland IFRS 1021 issued on 16 Juty 2014 father than the Accounting and R?porting by Charities.. Staterngnt of Recommendèd PractKe effective from l April 2CQ5 which his since been wilhdrawn. The chanty con3titut¢s • publie bènefrt enlrty as deffined by FRS102. The accounts are preparnd in £ slerting the furKlioI curr•nty oflhe chanty. Judg•m•nt and k•y •ourc• 01•mIll0n un¢•rtalnty The preparation ol lbe finanrAal stal•m8nls f•quires management lo make judgom•nts. ¥sbmates and assumptions that •ff•d the amounts rèported. Th•s• estimates and judgements are ntInualty r•vithbd and aro based on exp•ri•nc• and otMrf8dors, including •xpect8tions ol lulure event5 that arts b&1¥0 IO t• rèasonable under Ihe fAwJJmslas Incomo ro¢ognltlon All incomo is rèctsgnold lh• chanty has entrtknnt lo the incom•. it prob•bl• that the income will h re¢•iv•d and th• wnount of Incom• r•ceivable can bo measured lIab Th• l011ch.ng appli•s lo PartJIa1 types of inctsmts.. Grnnts, whethef of a capital or revenu? n$turè. ar• r•eognised when the tharty has •nfitlemeni to th• hjnds. ary perfomianc• ¢ondition$ hav• b88n met and rt is probable that th• In¢om• wll b• 1¥0. Don•tion from individu81s and other bodies Inol being ol t n•ur• of a grant) are recognised vthen receivab. Eam•d Incom• is me&wr•d •t th• fair v8lu• of tm consKleration rec•iv•d or rf•ivabl• for $•N4c•8 and goods guppli•d, n•t of discounts. D•fofr•d In¢om• Incom• is only delernd and iThluded in (¥edrtty¥ vhthi. The income relat•$ 10 a fthur• oeeounting porfod A sales invoice has b••n rai$•d ah••d rfth• WO bthng carried out #nd th•r• is no o)nlrxtual •ntitknmerM lo th• irtom• until th• woth h¥> b••n don• • Not 811 the terms and c4)nditi'ons of th• 9r4nl h•v• bwi rn. induding the intrjm'ng of •xp8ndrtur• ar tho grant ConditnI ar• such that unspenl granl must h r•fund•d EMp•ndltur• •nd Irr•cov•rabl• VAT Exp•ndrtur• Is r•cogniud once there is a legal cf tr)nfU¢M otyigatKn to m&ke a payment to a thir(1 p•ty, rt is probgble that thè settlement wll be required and th• #mount d th• oblytion can be measured reliabty. Exp•ndilur• is dassffied under the foll¢)wn9 8ctivty headings.. 'Costs of rai$ing funds induding thos• a$slated fvndraising thiti•s. monaging inv•stm•nts aiKI commeru•l trading by tho $ub3idi•ry ¢¢mpany. Charitable activities co31¥ of und•rt8king th• vK)rk of the charity. The charity is nol rggi51ered lor VAT and nn¢ I4)yer ary inpui tax tharye(l. Costs #r• stal•d irrJusive of VAT were th¥Tg•d. All0*10n of support costs Support costs are those lurKtioM whth •ssi4t t work of the tharity eiiher by supptsrting th• d•lN•ry of tharilable activilios or by supporiing the 9?n¢r•ti¢n of funds. Th•y irude property $13, bath-0ffi¢o fundions, slAff costs and professional f••$ and ar• &llo¢ated 10 ¢haritabla 8xp•n<l¥turn in full. P•nsion contrrbution• The charrty operates a monty purchase ynsson s¢h•m•. vkni¢th meets the requiremenls for aultrenrolrnont. And contribution rates are currentty 5% employer, wth employees able to Wlln"but¢ up to S%. Contribub'ons are charged lo the 5tatemont of finanaal activilies in the period in vA)i¢h thty baeome payable. Tangible fix•d a8s•t• and d•pr•ciation Individual fixed 85set$ CQs1ing more than £5C(i ar• e8Prtalised at cost and afe depreryated over th•ir •$tUll8t8d us&ful lives on straighl-line basis as set out below. Depreastion ral•$ 8r8 as fol1trs.. Plant & m¥¢hin¢ry 25% $trai9ht lin• Community gardens 10%1200kn straight line Equipment 15% redurAng balance 14
PENNINE LANCASHIRE COMMUNITY FARM NOTES TO THE FIFI'ANCIAL STATEMEYtS FOR THE YEAR ENDED MARCH 31 2024 1 ACCOUNMNG POLICIES {continuedl D•btors Trade and other d¢btor5 sr• r•eognised at the setttement amount due atsJ pr•paym8rts are valued at the amount prtrpaid. Cash at bank and In hand Cash 8t bank and in hand ¢ndudes cash and short tsrm highty liquid inv•stsMths with a short maturity of thr•• months or less from th¢ date of acquisition or op?ning Of lh• d•posrt or simlar acco¢Jnl. Cr•ditors and provision$ Cr8ditors and provish)ns are fecognised vthere th• thority has a pr•sont obligation resulb'rMJ from ¥ past •v•nt that wll probably r¥$ult in the transfer of lunds to a third party and th• amount due to settle the obligation D• MSur1d or estlmated rellabty. Cr•dltots and provisions ar8 normalty r•cognised at their setuement amourrt. Financial instruMts The chanty has only basic fin8nc4al in3trum•nt$ vthicti arn inrtialty recorded at cosl and sub3•qu•ntty m•asured at their s•ttl¢mtsnl value. stst•m•nt of ca•h flow• Alvantage Is taken ofthe exemptlon for smaii ¢harNtsS not w pr•s•nt a statement of cath fftr•ts. 15
PENNINE LANCASHIRE COMMIINIT). FARM NOTES TO THE NANCIAL SfA"J'EMLf4TS' FOR THE YEAR ENDED MARCH3J J)24 2K4 21123 2 DONATIONS R•v•nu• Grants: Loffl Barntys FOuntsan HMRC- CJRS Bumy BC . frJnthn9 ESFA Apprenleshlp Krkslarf stsll grant KKkslart training graTrt T2000 trafi9 DonabS . Bul¢Jng Pr0ct Donaln5 . general 12,978 1.67• 1.676 1.67$ 1.143 15. 978 17.121 16
PENiYINE LANCASHIRE COMMLINITI, FARM NO'J'ES"I'O THE FINANCIAL STATEMEP¥"TS frOR THE YEAR EN"DED MAKCH 3121)24 2024 2023 nrn5trid•d R•sln"¢l•d T¢)tal 3 INCQME FROM CMARITABLE ACTIVIYIES glectgrants Big Lottery- Reathing CoffffiUrMtS BSW 2024 22.9)0 500 109.801 109.OOf Brrtish SCCe Assotiatt Fafmfftg in Pfotected lan¢Jscapes B&Q 5245 5.245 Creabve Lr¥es Comrnunity Founuabm for Lancaslmre Fresh Fo(¥J Inityative Slep Programme Faffliw protected landscapes cOp Fresh Fc#yJ Community Business Fw Power 10 Change Familng In Fyokcted landscapes Mind 9.171 9.171 4.349 4349 io,ooo 1.333 1,333 Hefjgerow LCC - Refvge projecl Soulh R10b Cthjnul 10.166 Postcode Local Trust 25.tsxl Asda 530 B4.945 .•4S 130. 150 iJo.iJo SCI01 seMkn¥ 11.176 2.512 11.171 11.329 11,32• •.TOO Garyg sess1¢)n$ Rocrfn Hire 2.512 9.750 4021 ner eamed hcome 29 184 2•.114 14 355 f4.36J 46.893 35.434 344J4 Bulldlng proi•cl Lan&%hire Environmental FLtnd Totsi 46.893 84.945 131.131 35 434 130 150 17
PENNINE LANCASWRE COMMUNITI. FARM IYOI'ES"I'O'I'HE FINANCIAL STATEMEIY fs TrOK THE I'EAR ENDED MARCH 312024 2024 2023 T)ial nrnsmct•d R•striei•d Total 6 EXPENDrruRE siaff ¢S 25.147 146.168 171.315 40.2fj8 137.806 171.074 4•91 2Q7J3 Freelance staff 430 7.578 •.oo• 2th) 5T98 Other Cpelaiial costs Tran¥ Equlpmenl Mafkelirrfj Loss on disposal of fixed assets Depreco PrenTrises costs 3.369 9.012 12.311 2.515 18,218 337 2.076 2.41J 2. 182 1477 372 8.473 596 46 358 4. 121 4121 0,342 (J42 Support and gov•rn•nu Costs Insuran 3.261 Olfte costs & other cos¢s 12111 1.•37 3.2eii 1210 1343 Professnal lees 1.937 (2.8001 32,017 crarge(t to restrtiea nJM5 Total •xp•ndiiur• AIK)catea 10 costs of raigng frJnOS Costs ol ehariibl• Xll¥l¢l•s r8.J70J 49.427 Jio 182.795 214.112 179.810 22•,2J7 32.017 182.795 214.112 49 427 179.810 229,237 I STAFF INFORMATION 2024 202) staff Costs Salar+es and wages EMpYs pensKJn trtArtA)s (mY pu SClml Emph)y¥S Nl contribun$ 157.111 162.273 8,704 7.1 5. 704 7.950 171.31S l T5.927 No eMph)eS eamed more than £60.IxwJ pa kn llv Jtaf b Key rnanage1rt peryonal Tre key managemenl per$al cor¥ylsÈ the trustees a8 pilno(le stall as set out IX) P•3e 1 The trustees ¢i not rLe ary muneralkIn ts Ur 5ervtts Emp)nI benefrts prirKWe slaff 66.719 ¢ Av•f•g• ftumb•r ot •mploy••s The average numoer of eMP)yeeS was as lo1._ numl>•i numb•r Charrtabie AdrninistratKm 10 10 18
PEIYNIIYE LANCASHtRE COMMUNITY FARM NOTLS TO THE FINANCIAL STATEMEN"TS FOR THE YEAR ENDED MARCHJI J)24 7 NET IMCOMING RESOURCES AFfER TRANSFERS 2024 2023 TTh Is Slated after ChargingiicrethTrngl Accountsnvinaepenaeni exine¢S lees Report Accouniary Deprecrdtb)n cttarged on assets Twstees, remunerakncrf) & exrnses 110 1.6•0 • TANGIBLE FIXED ASSErs Plaiit & Comm•Jnty IAa¢hln•ry G•rd•n Equlwirt V•nl•S Bulldlng Total CyJt As al ApfM 12023 Addrtions 183.920 68.247 5.115 5.128 262,410 0)$315 As al Marth 312024 183.920 68.247 5.115 5.128 262.410 D•pr•clalbon As èt 12023 59.219 3,497 3.556 73 292 PrOVed thswsa As at March 31 2024 7.020 59.219 3.497 73.292 M•t 8aok Vilu• As at March 312024 1•9111 As al March 312023 170.K 9.028 1.618 189118 2024 2023 • DE8TOAS Income receivab 11.$ 2,160 5.243 prepats 10 CREDITORS lallng du• llhkn •n• y••r cruals 10.753 19,210 S4)cFal securtty and other taxes 115.7 19210 19
PE',¥NINE LANCASHtRE COMMLTNITI" FARM NO'I'ES'TO THE FINANCIAL S"I'A"I"EMEN"TS FOR THE YEAR ENDED MARCH 3121ll4 11 STATEMENT OF FUNDS Gener TU 332.010 37.761 149.4271 132.0111 2.640 1• 160 340 134 24 i(¢cxslanstal gi1 ¥JckStsfl grani 12.97• fJ.TQi) 1799 rT .94) [102.nll 175.616 {19 160 122.8DI 64,Y5 1192.794 24•7• 2938 135606 J•J.? Exp•raYw• T1hr III&W2•14 LL4tety. fOP.a&i Q2.5241 14 B&0 5.245 14 9451 11.9051 ¥,Q11 CFL. Freth FWJ In 13 rth)J 12TOI crm 12.7241 129)) Fl. l•ryd CFL. 71• 9.171 Fie5n Fi0 4319 iQ,LTh If0.t In Ptoleciell 10 166 {10,1661 o.i•ttJ (T.oopJ LCC Fenye 1.091 TtX Ttusi 44,614 PQ 9BPi WEA 12071 ÉSF Se 4e W5t 16.249 182 T941 IT4 14 122W¢ 24 24.7• 20
PENNINE LANCASHIRE COMMUTrilTY FARM NO'I'ES I'O THE TrINANC5AL STATEMEh"TS FOR THE YEAR LNDED MARCH 31 X124 11 STATEMENT OF FUNDS Icontinu•d) Transfern The trnstees have reviewèd Ihè balancs brouohl foThArd on $Iricted fvtrnds and where Ihe tèms and eontjitions of the fvnds have boon Tht •nd thèrè are no conb"nuing obligabons or resln'cbons the fvnds have b••n r&le8sed to unrestricted fijnds by mèans oltranslers. thjring the Or Th• Big Lottèry - Reathing Communibes financed th? PUa$• ol fix•d assèts and a transfer to unrestn'cted fvnds has been made to •¢ts)unt forthis. R¢•triot•d lund Big Lottery- Reaching Communiti•S T¢)wards Sl&p Progr8mm• and Gol L)ubby Ojt OfsO01 Proj• British Sci•ne• Assouabon Brits"sh SCb•ncè week 2024. Green Dreams Tow8fds proj•dcosts 22r23. Programme of Eco Therapy oLwti•s tyry•t•d knwards adults disabilitie5. Towards ueative acli¥ibes tts fdU lon•lin• Postcod• n•ighbouthood thkst Cr•abv• Ltv•$ Th•s•fvnd$¥r••x¢1d to b• utili5ed in 2024r25 12 ANALYSIS OF COMPANY NET ASSETS BEIVEEN FUNDS Unr•trlct•d R••trkt•d Fun Fund• Tot•1 FIVKI bl•n¢•• •tl4•rth 312024 •rn rnpY8•nt•dty.'. Tangible fixed aggets Curr¥nt ass•ts 189.118 189.111 185.391 15.7531 358 756 24,979 210,370 1IS,753 383 735 Curr¢nt liabilits"¢8 Fundb•l•n¢•• •tM•r¢h 312023 rn r•*w•rtl•dty.'. Tangible fixed asmts Current assets 189. 118 189,111 293,030 170.226 122,804 Cufrenl liabilities (19.210) 340, 134 9,210) 462 938 122,804 13 TAXATlCh A$ a CIO. th• th8rity is •fib.ad to d8im annual •xemption from UK corporabon t•x. 14 CAprrAL COMMITMENTS There were no capital commitments authorimd •nd ¢onl8¢i•J br 81th• •nd ofthe year12021 £Nill. 15 RELATED PARTY TRANSACTIONS There wefe no rel8t&d paty transathons Ihat are required to be disdosed in eitheryear. 21