## **Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 September 2020 For** ## **MUDDY FORK** **Castle Accounting Ltd 18-20 The Ropewalk Nottingham NG1 5DT** **Contents of the Financial Statements for the Year Ended 30 September 2020** ||Page| |---|---| |Report of Muddy Fork|3| |Independent Examiner's Report|4| |Statement of Income & Expenditure|5| |Balance Sheet|6| |Notes to the Financial Statements|7| Page 2 ## **MUDDY FORK** ## **Report of Muddy Fork for the Year Ended 30 September 2020** Muddy Fork present their report with the financial statements of the charity for the year ended 30 September 2020. Muddy Fork has adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1170128** ## **Principal address** Retford Enterprise Centre Randall Way Retford DN22 7GR ## **Muddy Fork Director** Dominic Schad ## **Muddy Fork Trustees** Christopher Locke Michael Albert Bennett Rachel Orgill-Jones ## **Independent Examiner** Castle Accounting Ltd 18-20 The Ropewalk Nottingham Nottinghamshire NG1 5DT ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. ## **Risk management** Muddy Fork have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **ON BEHALF OF THE COMITTEE** : ............................................. Chris Locke - Trustee Date: 11 November 2021 Page 3 ## **Independent Examiner's Report to Muddy Fork** ## **MUDDY FORK** I report on the accounts for the year ended 30 September 2020 set out on pages five to seven. ## **Respective responsibilities of Muddy Fork and examiner** Muddy Fork is responsible for the preparation of the accounts. Muddy Fork consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is required. It is my responsibility to: - examine the accounts under Section 43(3)(a) of the 1993 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Muddy Fork concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 41 of the 1993 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **CASTLE ACCOUNTING LTD Chartered Accountants 18-20 The Ropewalk Nottingham NG1 5DT** Date: 11 November 2021 Page 4 Page 5 ## **MUDDY FORK** ## **INCOME & EXPENDITURE ACCOUNT Year ended 30 SEPTEMBER 2020** |||**2020**|**2019**|**2019**| |---|---|---|---|---| ||**£**|**£**|**£**|| |**INCOME**||||| |Donations||15,306|_15,229_|| |Grants||18,000|_1,200_|| |Sale of Products||309||_770_| |Fees for Talks||150||_75_| |**TOTAL INCOME**||33,767|_17,274_|| |**GENERAL EXPENDITURE**||||| |Salaries & National Insurance|11,138||_19,770_|| |Payroll Service|240|||_163_| |Disclosure & Barring Service||||| |(DBS)||||| |Insurance|521|||_521_| |Rent (Virtual Ofice)|296|||_437_| |SSE Expenditure||||| |Phone, Internet, Postage|184|||_195_| |Bank Charges|60|||_60_| |YBS Expenditure||||| |Benefciary Travel Support|100|||_260_| |Gardening & Beekeeping|529|||_389_| |Consumables||||| |Costs for Product Sales||||_146_| |Marketing|519|||| |Training|236|||| |||13,823|_22,038_|| |**(DEFICIT)/ EXCESS OF**||**19,944**|**_(4,764)_**|| |**INCOME OVER**||||| |**EXPENDITURE**||||| Page 6 ## **MUDDY FORK** ## **BALANCE SHEET as at 30 SEPTEMBER 2020** |**FIXED ASSETS**
Gardening Tools &
Equipment
Garden Structures
Computer & Ofice
Equipment
Event & Display Equipment
**CURRENT ASSETS**
Bank Balances
**ACCUMULATED FUND**
**BALANCE at 01 Oct 2019**
Excess of expenditure over
income
**BALANCE at 30 Sep 2020**|**2020**
**2019**
**£**
**£**
**£**
1,931
_1,931_
5,380
_5,096_
574
_574_
1,138
_949_
9,023
_8,550_
30,704
_11,233_
**39,727**
**_19,783_**
19,783
_24,547_
19,944
_(4,764)_
**39,727**
**_19,783_**|**2020**
**2019**
**£**
**£**
**£**
1,931
_1,931_
5,380
_5,096_
574
_574_
1,138
_949_
9,023
_8,550_
30,704
_11,233_
**39,727**
**_19,783_**
19,783
_24,547_
19,944
_(4,764)_
**39,727**
**_19,783_**| |---|---|---| |||_24,547_
_(4,764)_
**_19,783_**| The financial statements were approved by Muddy Fork Trustees on 11 November 2021 and were signed on its behalf by: ............................................. Chris Locke - Trustee Page 7 ## **MUDDY FORK** ## **Notes to the Financial Statements for the Year Ended 30 September 2020** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2008), the Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** 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. ## **Taxation** The charity is exempt from 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. ## **2. ACTIVITIES FOR GENERATING FUNDS** £ Surplus On Activities 19,944 Page 8