Charity registration number 1171968 (England and Wales} MISSENDEN WALLED GARDEN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
MISSENDEN WALLED GARDEN LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr F Harrison Ms G Foley Mr J Bateson Mr N Craggs Ms D Honey Charfty number (England and Wales) 1171968 Principal address Missenden Walled Garden Missenden Abbey London Road Great Missenden Bucks HP16 OBD Independent examiner Rouse Partners LLP 55 Stalion Road Beaconsfield Buckinghamshire United Kingdom HP9 1QL
MISSENDEN WALLED GARDEN CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities 9-10 Balance sheet 11 Slatement of cash flows 12 Notes to the financial statements 13-24
MISSENDEN WALLED GARDEN TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2025 The Trustees present their annual report and financial statements for the year ended 31 May 2025. The financial statements have been prepared in accordan with the accounting policies set out in note 1 to the financial statements and comply with the charity's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charilies preparing Iheir accounts in accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland IFRS 102). las amended for accounting periods commencing from 1 January 2016). Objectlves and actlvltles The vision of the Trustees is that Missenden Walled Garden {'MWG'I will be a class4eading provider of social therapeutic horticutture {'STH'I, providing meaningful activities, independence and social engagemenl for its service users ('members'l which, in tum, provide benefits of social wellbeing and inclusion within the community. MWG'S objectives are.. To relieve the needs of disabled people or those with long term illnesses by the provision of horticultural- based care with a view to providing training. activities armj other opportunities to develop themselves and facilitate better inclusion within the community- 2. To promote, for the benefit of the inhabitants of Buckinghamshire and the surrounding area, the provision of facilities for recreation or other leisure lime occupation of individuals who have need of such facilities by reason of their yOLJth, age. infimiity or disablement. financial hardship, or social and economic circumstances or for the public at large in the interest of social Welfa and with the object of improving the condition of life of the said inhabitants. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities MWG should undertake. Significant aclivities MWG has successfully completed 8 years as an independent charity and is continuing to grow and thrive. The charity provides social therapeutic horticultural day support, within the grounds of Missenden Abbey in Buckinghamshire, supporting adults with autism and leaming disabilities lour 'members'}. Our leam of staff and volunteers help our members to grow and reach their wtential at their own pace, through teamwork, education, training and community engagement. MWG leases the premises. at a peppercom rent. from BuckirwJhamshire New Universty I'BNU'I, which owns Missenden Abbey. Being on this sile enhances the member experien. and the Trustees regard it as a great location for the charity to be based. The lease mns until 16 July 2029. However, during the year BNU announced that they will be selling Missenden Abbey. which does create unrtaInty for the longer term future. post expiry of the current lease. As well as providing STH activities on site, we also take small gmups of members into the community lo help deliver external gardening contracts. These include contracts to maintain the Missenden Abbey grounds and gardens al some Abbeyfield Supported Living Homes. These community based horticultural aclivits.es continue to offer an important and valuable member experience as they provide meaningful teamwork opportunities, enabling our members to feel induded, grow their independence and develop new practi1 skills.
MISSENDEN WALLED GARDEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Thanks to nurnerous grant award success ar)d fundraising support. the charity has been able to realise the development of a new greenhouse, music and arts building. accessible toilet and kitchen diner. These enable us to enhance the space in the walled garden and create new opportunib'es for our members. We are very gratefvl Ihat the following organisatsons have been able to support us= Working in partnership with our landlord BNU, we have benefitted from a grant from HS2's Community Environment Fund lo install a new greenhouse and help enhance our Biodiversity offer. We reached our £60,000 fundraising target to build a community kitchen. This involves using the garden produce that the members help to grow, to prepare healthy and nulrilional meals, thereby supporting health and wellbeing, while developing social interaction and essential independenl living skills. Supporters include= The Clare Foundation Angels Den.. ng Cullimore Trust. ALIGN JV {HS2 Contractor), Shanly Foundation, Bucknnghamshire Council's Missendens Community Board, Stockwell Cliffe, Mobbs Memorial Trust, Tesco. and others. A grant from Amersham and Chesham Mencap to help us build a new accessible toilet A grant from King Cullimore Trust to expand our existing toilets and upgrade our tool sheds. A grant from The Nagle Family Foundation to build a music room and ttvo meeting spaces. The generous support of NLC Buildings to conslnjct all our new buiklings with such high levels ol care, quality and consideration. Various grants and donations received with special thanks to.. Kevin Morgan, The Roger and Jean Jefcoate Tnjsl, Great Missenden Parish Council, Chiltem Friends of Endeavour, Hutchings Consultants Ltd, Pete and Ashley with their employer BAT Research and Buckinghamshire Culture and EKFB. We used these to enhan our member experience, equipment and leaming environments. John Ryan, family and the whole team at LCVR for their continued support in the provision of our vehicle. Public benefit In setting our objectives and planning our activities. we have given careful consideration to Ihe Charity Commission's general guidance on public benefil. Missenden Walled Garden's charitable purposes and public benefit will be for LN)th members and the wider cornmunity. We provide people with opportunilies lo grow in confidence and develop Independen.. togelher with the aim of promoting wider community involvement and integration. We achieve this by providing care and support to all members and visitors, making full use of Ihe unique setting, and our staff and volunteers. Benefit for members The STH day care service offered to members at MWG provides adults with autism and leaming disabilities, from across Buckinghamshire. with opportunities to= Develop lrfe-skills such as making new friendships, participating in leamwork, and building relationships. Gain new skills and training in different aspeds of horticulture. Experience the happiness and enjoyment of purposeful and productive outdoor teamwork. Become more confident and independent through indusion and interaction with volunteers, visitors, customers and the wider community. Engage in enrichment activities including= sport. art and music. trips out and social gatherings. The charity also operates a bursary scheme to help beneficiaries who need support with fees.
MISSENDEN WALLED GARDEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Wider community benefits MWG offers significant public benefit and beneficial impact to the wider community through= Opportunities to volunteer by supporting the care services- by involvement in the development of the overall site- or by supp)rting the charity through ils retail and fundraising activities. Additional opportunities for the public to experience the grade 11 listed Walled Garden and to benefit from relail sales of the garden produce, producls and flowers. Opening of the Walled Garden lo other local groups and organisations, such as educational, disability and community groups, who are interested in using the gardens for inclusion. environmental projects, education, therapy, or physicai exercise. Achievements and performance Overview The Board of Trustees can report that MWG has had a successful year from both financial and seNice delivery perspectives. Income from members increased by 18°A to £372.144 {2024= £315,521). This is the resull of supporting more members, including more with higher needs. together with an increase in fees from Buckinghamshire Council. This year for the first time we are including income of £6,593 from retail sales within Charitsble Income. We believe this is appropriate as the income is generated from the sale of Produ and items such as Chrislmas wrealhs, which the members have grown or made. In 2024 this income of £5,085 was included within 'lncome from other trading activities.. Total income increased by 280/0 to £583.807 {2024'. £454.393> and overall we made a surplus of £121,123 12024.. £54,582). Total income includes £131,81612024: £66,662) of grants and donations which we recognise when we are legally entitled to receive them. in accordan with our accounting policy Isee note 1.41, even though the ¢x>sts of projects funded by these grants and donations are often incurred in future periods. Achievements Beneficiaries and service development Throughout the year ended 31 May 2025 we have invested in staff and SeiCe development which has enabled us to increase the number of members able to benefit from our service. This includes provision of 'one lo one, sessions which allow adults with a higher level of need to participate. During the year we delivered 5,635 day sessions for our members, including 476 one to one sessions {2024'. 4,989 day sessions, including 366 one to one sessions). We have provided 20.515 hours ofsupport: comprising 17.666 staff hours and 2.849 volunteer hours. We provided a 12-monlh placement for a BNU student to qualfy for their Masters in Social Care. We hosted and led a supported accommodation fact finding and collaboration evening for 20 parents who are responsible for 13 members. We are running a pilot project lo support young people with special educational needs as they transilion from late- teens to earty 20's. through an EHCP (Education. Health and Care Plan}. This includes supporting these beneficiaries to access training, such as training for a range of horticultural skills which are externally, assessed, accredited and rtifIed though LANTRA.
MISSENDEN WALLED GARDEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 We have continued to develop our outcomes tracking lool called 'The Missenden Walled Garden Goal Planning Tool, which is actively enhancing our service by enabling members to set meaningful goals and track progress against them. Following complelion of our new kitchen diner we have implemented a 'Grow it Cook it Eat it, programme which involves our members growing. in a sustainable way. nutritious fruit and vegetabs, which they then enjoy CODking and eating together. This programme promotes healthy lifestyles and independent living skills beyond life at the walled garden. Our service has continued to benefit from a retail fiower stall, along wlth seasonal produce sales, including flower arrangements, and the production of our own apple juice and honey. We are very grateful to Helen Palmer. Chair of Mid Bucks Beekeepers Association for all her support in looking after the hives and honey production. We have intrOdUd a free monthly social evening for our members supported by staff and volunteers. Thanks to the Rothschild Foundation, we have been able to fijnd a second year of paid employment for a fomier member, wilh the aim of developing their skills to rnove lo paid ernploytnent in the horlicultural sector. Volunteer support Volunteer support has continued to develop at a steady pace and we are maintaining an active pool of 22 operational volunteers. Some of our volunteers provide a care focus which complements the Servi we provide to members. Other volunteers provide horticultural expertise. bee keeping. carpentry and sile Maintenan skills. We have run group volunteering opportunities and have hosted teams from Buckinghamshire Council. The Departmenl of Work and Pensions and corporales such as Mitie, Align JV, BT, Virgin and M¢Carthy Slone. The teams have helped with a range of activities from site clearance to wreath making. Volunteer support is essential for us to be able to deliver at the level we do, and we are very grateful for all their support. Community We have continued to benefft from our wellestablished cornmunity connections. For example: we have hosted the Mid Bucks Beekeepers Association (to deliver their workshopsl- Red Kite Community Housing Ifor their annLJal community coffee morning)- Buckinghamshire Culture Weekend (creative workshopsl- collaborated wilh tours and visits for local primary. secondary (with their students cooking a BBQ) and SEN schools (providing herb workshops)., and partnered with our local Parish Council (maintaining local green amenities, and preparing their Remembrance Day Wreaths). We also worked wth a group of BNU film students Io Cowproduce a film for our new website about how our members feel about their experience here with us. Environment and sustainability Having adopted an Environment and Sustainability Strategy in recent years. we initially worked with local expert groups to survey the baseline position. We have continued to progress againsl our goals, and in particular we no longer use any fossil fuels for greenhouse heating or power tools. no longer purchase materials containing peat, and continue to improve waste management and share best practice for management of the River Misbourne banks. In addition. we are installing more water butts. working with local famers to use their surplus compost. and using HS2 CEF funding lo provide natural habital workshops for staff and volunteers. and forest school experiences for members. We continue to encourage sustainable planting with more herbaouS perennials over annuals and growing vegetables chemical free. We also worked with a bat conservation group and presented al the BNU Sustainability Conferen. Future plans include increasing our focus on a buy local tN)Iicy.
MISSENDEN WALLED GARDEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Future intentions and goals The charity's key aims and objectives for the coming year are= In lighl of the planned sale of Missenden Abbey, a key goal is to secure the future of the Charity, hopefulty on the existing site. or another suitable site. We are working dosely with Buckinghamshire New University to ensure that potential purchasers understand the benefits which MWG provides to its members, Missenden Abbey and the wider community. To continue with the Charity's core focus of providing social therapeutic horticultural activities with the benefits of the natural environment, supporting adults wilh autism and leaming difFiculties. To develop the service further. demonstraling measurable improvement to the lives of our members, through meaningful, engaging, rewarding and inclusive experiences. To maintain and strengthen our communty partner arrangement with BNU, Missenden Abbey, and other local partners, maximizing the mutual benefits and increasing our collective value within the community- To continue sharing and lebrating our growing reputstion and '5 slar excellenl assessment raling, with Council commissioners and key stakeholders within the field of Adult Sctial Care. Financial Review and Risk Management The fINanal results for the year are set out in the Statement of Financial Activities and our financial position al the year-end is set out in the Balance Sheet. The truslees are responsible for ensuring the assets of the company are properfy applied in accordance with charity law. Princi al fundin sources The principal fvnding source5 continue to be Fee income from beneficiaries (members),. income from horticultural contracts. fundraising and donations,. and income from sale of produce. A breakdown is given in notes 3 to 7 to the accounts. Investment olic and ob'eclives The trustees consider holding cash on deposit as the most appropriate investment for the charity. Reserves We invest funds in the growth of the charity while retaining sufficient reserves to continue with our core activities and lo manage the financial impact of significant risks V might face. We have identified a lower esbmate for the required level of available reserves as being in the region of £300,000. This would be sufficient to maintain activities for up to six months in the evenl of significant loss of income. It would also be sufficient if we are able to stay in our existing site after the sale of Missenden Abbey, but with additional costs, such as rent. We do not know the outcome of the planned sale of Mi5senden Abbey. but it is possible that we might have to relocate lo a new site al some point in the future and either rent or buy the site outright, then incur set-up costs. In these silualions the costs are likely to be signrficanlly higher than our lower estimate of £300.000. and we would need to approach potential funders for strategic grants to meet the shortfall. Notes 19, 20 and 21 to the financial statements show the movement of funds during the year. The trustees have detemined that the appropriale level of free selVeS should be a minimum of £300,00012024- £190,000). As at the balance sheet date unrestricted funds amounted to £428,381 (2024= £235,704) and free funds of £306,94912024'. £205,634) after adjusting for unrestricled fixed assels. The charity ended the financial year wilh a cash balance of £306,02912024.' £293,413).
MISSENDEN WALLED GARDEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Risk Mana ernent The Trustees use a risk management prOsS to ensure they can adequately monitor and control all significant risks. They look al the level of risk the charity is willing to take (risk appetite approach) and use controls and other actions to ensure that residual risk is at an acceptable level. Below is a summary of our principal risks and the processes we have in place to manage them. Risk description Risk rating Measures I mitigations 1) Planned sale of Missenden High Abbey.. The risk that a purchaser may not renew our lease when it expires in July 2029 We are engaging with Buckinghamshire New University and any potential purchasers to demonstrate the value of our service lo our beneficiaries and to Missenden Abbey We are keeping the progress of the sale under review and If it looks like the purchaser will not renew our lease we will progress other strategic options. 2) MWG'S financial resilience= High The impact of the planned sale of Mi55enden Abbey increases this risk as we may not have the funds to move to a new site, or meet increased costs remaining on the exisling site We are monttoNng reserves and believe we have sufficient free reserves to meet the lower end of potential cost estimates for a move to a new site If costs are significantly higher than our lower estimates we would need to approach funders for strategic grants 3) Dependency on income from High Buckinghamshire Council- The risk that the Council is no longer able to provide funding to our beneficiaries We focus on dlfferentiating our service so we are well-regarded as a provider Social Therapeutic Horticulture. This approach has proved successful as we have a fiv&star excellent rating and have good relationships with the key commissioners Diversification of income to include horticultural conlracls and fundraising to support key projects Structure, governance and Managennt The charity is a Charitable Incorporated Organisation constituted under a goveming document dated 9 March 2017. The Trustees who served during the year and up to the date of signature of the financial stslements were.. Mr F Harrison Ms G Foley Mr J Bateson Mr N Craggs Ms D Honey Recruitment and a intment of new trustees The work of trustees is undertaken on a voluntary basis without any fonn of remuneration and consequently recruitment is mainly from the local community. or via volunteer recruilment websites as skills gaps are identified. Prospective new trustees meet with the Board of Trustees and are fully vetted before being appointed.
MISSENDEN WALLED GARDEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Induction and Irainin of new trustees New trustees undergo a period of orientation to brief Ihem on their legal obligations under charity and company law., the content of the CIO'S constitution- the Board and staff structures and decision-making process- the business plan and recent financial perfomiance. The Trustees, report was approved by the Board of Trustees. Mr F Harrison Ms G Foley Date.. 05-Dec-2025
MISSENDEN WALLED GARDEN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MISSENDEN WALLED GARDEN I report to the Trustees on my examination of the financial statements of Missenden Walled Garden (the CIO) for the year ended 31 May 2025. Responsibilities and basis of report As the Trustees of the CIO you are responsible for the preparat of the financial statemenls in accordan with the requirements of the Charities Act 2011. I report in respect of my examination of the CIO'S financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by ihe Charity Commission under section 145{5)Ib) of the Charities Act 2011. Independent examinerfs statement Since the CIO'S gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Acl. I confirm that l am qualified to undertake the examination because l am a member of ICAEW, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference lo the Accounting and Reporting by Charities." Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdrawn. l understand that this has been done in order for the financial statements to provide a twe and fair view in accordance with UK Generally Accepted Accounting Practice. I have compleled my examinalion. I confim 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 CIO as required by seclion 130 of the Charilies Acl 2011. the financial statements do not accord with those rernrds.. or the financial statements do not comply with the applicable requirements concerning the fom and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the finanual stalements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concems and have corne 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 re8ched. Susan Drumrnond FCA Rouse Partners LLP 55 Station Road Beaconsfield Buckinghamshire HP91QL United Kingdom Dated.. 10- Dec-2025
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MISSENDEN WALLED GARDEN BALANCE SHEET ASAT 31 MAY 2025 2025 2024 Notes Fixed assels Tangible assets 15 121,432 30,068 Currenl assets Debtors Cash at bank and in hand 16 71.309 306,029 51,832 293,413 377,338 345,245 Creditors: amounts falling due within one year 17 (45.8801 {43,546) Net currenl assets 331,458 301,699 Total assets less current liabilities 452,890 331,767 The funds of the CIO Restricted income funds Unrestricted funds - general Unrestricted funds - designated 19 21 20 24,509 428.381 46,063 235,704 50,000 452,890 331,767 05-Dec-2025 The financial statements were approved by the Trustees on ......................... Mr F Harrison Ms G Foley 11
MISSENDEN WALLED GARDEN STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MAY 2025 2025 2024 Notes Cash flows from operating activitles Cash generated from operations 24 115.570 80.523 Investing activities Purchase of tsngible fixed assets Investment income received (111.199) 8,245 17,326) 1,729 Net cash used in investing activities (102,954) {5,5971 Net cash generated from financing activities Net increase in cash and cash equivalents 12,616 74,926 Cash and cash equivalents at beginning of year 293.413 218.487 Cash and cash equivalents at end of year 306.029 293,413 12-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 Accounting policies Charity information Missenden Walled Garden is a charitable incorporat&1 organisation registered with the Charity Commission. 1.1 Accounting convention The financial statements have been prePad in accordan with the CIO'S goveming document. 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 CIO is 8 Public Benefit Entily as defined by FRS 102. The CIO has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from ihe Charities (Accounts and Reports) Regulations 2008 only to the extent reqUId to provide a true and fair view. This departure has involved following the Ststement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the CIO. Monetary amounts in these financial slatements are rounded lo the nearest £. The financial statements have been prepad under the historical cost convention. The principal accounling policies adopted are set out below. 1.2 Going concem At the time of approving the financial statements, the Trustees have a reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt Ihe 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 objectives. Restricted funds are subject to specrfic conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowmenl ftjnds are subject to specific conditions by donors that the capital must be maintained by the CIO. 1.4 Income Income is recognised when Ihe CIO is legally entided to it after any perf0mlan conditions have been mel, the amounts can be measured reliably. and it is probable that income wll be received. Cash donations are recognised on receipt. Other donations are recognised On the CIO has been notified of the donation, unless performan conditions require deferral of the amounl. Income tax recoverable in relalion to donations reiVed under GiftAid or deeds ofcovenant is recognised at the time of the donation. Legae$ are recognised on receipt or otherwise if the CIO 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. 13-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic 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 rdiably. Expenditure is classrfied by activity. The costs of each activty are made up of the lotal of direct costs and shared costs. including support costs involved in undertaking each activity- Direct costs attributable to a single activity are allocated directly to that activty. Shared costs which contribute to more than one activily and support costs which are not attributable to a single activity are apporlioned behveen those activities on a basis Gonsislent with the use of resour$. Cenlral staff costs are allocated on the basis of time spent, and depreciation charges are allocaled on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cx)st and subsequently measured at cost or valuation, nel 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.. Leasehold improvements Plant and equipment Computers Straight line over >5 years Straight line over >4 years Straight line over 3 years The gain or loss arising on the disposal of an asset is detemined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial aclivilies. 1.7 Impainnent of fixed assets Al each reporting end dale, the CIO reviews the carrying amounts of ils tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the assel is estimated in order to detem)ine the extent of the impairment loss Irf any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. detxjsits held at call wilh banks, other short-lerm liquid investments wilh original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The CIO has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '01her Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial inslwmenls are recognised in the CIO'S balance sheet when the CIO becomes party lo the contraclual provisions of the instrument. Financial assets and liabilities are offset, wilh the net amounls presenled in the financial slatements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a nel basis or to realise the asset and settle the liabilily simultaneously. Basic financial assets Basic financial assets. which include debtors and cash and bank balances. are initially measured al transaction price induding transaction costs and are subsequenly carried at am0Sed cost using the effective interest melhod unless the arrangement conslitutes a financing transaction, where the Iransaction is measured at the present value of the future receipts discounted at a market rale of interest. Financial assets classified as receivable within one year a not amortised. 14-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 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 paymenls discounted at a market rate of interest. Financial liabilities dassified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or serwces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment 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 CIO'S contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entiuement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the CIO is demonstrably committed to temiinate the employment of an employee or lo provide temiination benefits. 1.11 Retiremenl benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Crltlcal accountlng estlmatss and Judgements In the application of the CIO'S accounting policies, Ihe Trustees are required lo make judgemenls, eslimates and assumptions about the carying amount of assets and liabilib.es that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual resulLs may differ from these estimales. The estimates and underlying assumptions are reviewed on an ijngoing basis. Revisions to accounling estimates are recognised in the period in which the ests.male is revised where the revision affects only that period, or in the peri¢xl of the revision and future periods where the revision affects both currenl and future periods. Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and grants Grants receivable 43.724 88.092 131.816 19.650 46,262 750 65,912 750 43.724 88.092 131.816 19,650 47,012 66,662 15-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Income from charitable activities Unrestricted funds 2025 Unrestricted funds 2024 Fee Income Sale of goods Other income 372,144 6,593 315.521 378,737 315,521 Income from other trading activities UnstrIcted Unrestricted funds funds 2025 2024 Other income 64.180 70.167 Income from Inveslments Unrestricted Unrestricted funds funds 2025 2024 Interest re1vable 8,245 1,729 Olher income Unrestrlcted Unrestricted funds funds 2025 2024 Other income 829 314 16-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Expenditure on raising funds Unrestricted Unrestricted funds funds 2025 2024 Fundraising and publicity Seeking donations, grants and legacies 1,759 216 Expenditure on charitable activities Provision of Provision of day support day support 2025 2024 Direct costs Staff costs Garden supplies and contracl costs Greenhouse refurbishment costs Sundry costs Recruitment Training costs Kitchen running costs Member activities Marquee hire 327,144 10.483 3,181 7.069 300 2.508 2,302 3.586 10,442 295,421 18.742 9.479 6.092 367,015 329,734 Grant funding of activities (see note 10) 295 2S8 Share of support and govemance costs (see note 11) Support Governance 74.840 18,775 54,817 14,786 460,925 399,595 Analysis by fund Unreslricled funds - general Unreslrided funds- designated Restricted funds 330.253 295 130.377 367,118 258 32.219 460.925 399.595 10 Grants payable Provision of Provision of day support day support 2025 2024 Grants to individuals 295 258 17-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 10 Granls payable (Continued) Grants paid are bursaries for unfunded members. 11 Support ¢osts allocated to actlvltles 2025 2024 Depreciation Insurance Maintenance and repair costs IT, telephone, postage and stationery Staff costs Motor expenses Bank charges Provisions for dilapidations Support Costs Governance costs 19,835 9,179 5,241 6,198 7,977 6,247 690 15,000 4,473 18,775 16.517 8,176 6,028 7,899 8,463 7,156 578 14.786 93,615 69.603 Analysed between: Provision of day support 93,615 69,603 2025 2024 Governance costs comprlse: Legal and professional Independent examination fees Payroll fees Advice fees Accountancy 2,387 6,450 2,664 1,580 5,694 5,481 4.650 4,655 18,775 14,786 12 Trustees None of the Trustees (or any persons connected with them) received any remuneration or benefits from the CIO during the year. None of the truslees were reimbursed for expenses undertaken on behalf of the charity in the year. 13 Employees The average monthly number of employees during the year was: 2025 Number 2024 Number 15 16 18-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 13 Employees (Continued) Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 300.176 17,108 9.860 270.127 12,463 12.831 327.144 295.421 The number of employees whose annual remuneration was more than £60,000 is as follows.. 2025 Number 2024 Number £60.001- £70,000 Remuneration of key management personnel The remuneration of key management personnel was a5 follows- 2025 Aggregate compensation 61.631 14 Taxallon The charity is exempt from laxation on its activities because all its income is applied for charitable purposes. 19-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 15 Tangible fixed assets Lea58hcld improvement5 Plant and equipment Computers Total Cosl At 1 June 2024 Additions 70.158 98,955 38.154 12,244 6.307 114.619 111,199 At 31 May 2025 169,113 50,398 6,307 225,818 Depreclatlon and Impalmient At 1 June 2024 Depreciation charged in the year 49.380 13,016 29.790 6,263 5.381 556 84.551 19,835 At 31 May 2025 62.396 36,053 5.937 104,386 Carrylng amount Al 31 May 2025 106.717 14,345 370 121,432 Al 31 May 2024 20,778 8,364 926 30,068 16 Debtors 2025 2024 Amounts falling due within one year: Trade deblors Other debtors Prepaymenls and accrued income 38,624 1,414 31,271 34,126 293 17,413 71,309 51,832 17 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other credilors Accruals and deferred income 6,426 1,615 37,839 10,064 12,249 21.233 45,880 43.546 18 Retlremenl beneflt schemes 2025 2024 Deflned contrlbutlon schemes Charge lo profil or loss in respect of defined contribution schemes 9,860 12,831 -20-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 18 Retiremenl benefit schemes (Continued) The CIO operates a defined contribution pension scheme for all qualifying employees. The assets of the sch8me are held sgparalely from those of the CIO in an independenljy administered fund. 19 Restricted funds The reslricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as lo how they may be used. At 1 June 2024 Incoming reSoUe5 Resources expended Transfers At 31 May 2025 Purchase of wcN)dchipper Garden machinery for contracts Wheelchair access STH G021 Planning t¢)ol 'Living Tree, art class Community kitchen project Construction of outdoor ftjmiture Opening Weekend Micro Grant - Art workshop Tools and equipment Annual celebration for members Construction of accessible toilet Fami Trip Art Tuition Sessions Garden Equipment Construction of Music Room Annual Festive Thealre Trip Site Biodiversity Development Community Kitchen Utensils Music equipment for members Recognition gift bags for members Waterway for outdoor produce washing area Toolsheds and accessible entrances to music room 835 11.094) 259 30 39,750 10,000 {65,351) 15,601 65 5.312 65 302 1.500 150 5.OlJO 698 300 414 50.OIJO 460 4.000 1.000 1.373 (6.513) 1195) (9.416) 1698) 1300) 1414) {42.009) 1460) (1.060) (1.392) 1792) 45 4,416 7,991 2,940 392 581 (65) 15 647 647 12.500 1618) 11.882 46.063 88.092 (130.377) 20,731 24.509 21
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 19 Restricted funds (Continued) Previous year: Al 1 June 2023 Incoming resources Resources expended Transfers At 31 May 2024 Purchase of the woodchipper Garden machinery for contracts Wheelchair access VW Transporter five seater- rental and costs Covid related Community development Honda Mower STH Goal Planning tool 'Living Tree, art class Community kitchen project Conslruclion of outdoor fumiture Coach trip Opening Weekend Micro Grant - Art workshop Tools and equipment Summer Paty Walkie talkies Seating Members Xmas Meal Boat Trip Printer Easter Eggs Furniture Mower Repair Christmas Meal Contribution to salary- Rothschild Funding for intemship and Vrk experience 4.737 (4.748) 1308) 1164) 1412) (1,715) 11 155 412 2,550 835 30 39,750 11,750 28,000 638 600 1632) 1605) 300 13,500 300 323 228 1.177 515 1235) (8.188) 1300) 1323) 1228) (1.177) 1515) 1540) 1261) 1750) 1208) 1160) 65 5,312 261 750 160 {10,000) 10,000 750 1750) 21,245 47,012 {32,219) 10,025 46,063 -22-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 20 Unrestricted funds - designated These are unrestricted funds which are material to the CIO'S activities. At 1 June 2024 Resources expended Transfers At 31 May 2025 50,000 1295) {49,705) Previous year: At 1 June 2023 Resources expended Transfers At 31 May 2024 50.000 1258) 258 50,000 21 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and granlors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 June 2024 Incoming resources Resources expendod Transfers At 31 May 2025 General funds 235.704 495.715 (332.012) 28,974 428.381 Previous year: Al 1 June 2023 Incoming resources Resources expended Transfers At 31 May 2024 General funds 195.940 407.381 (367.334) (283) 235,704 22 Analysls of net assets between funds Unrestricted Unrestricted funds funds general designated 2025 2025 Restricted funds Total 2025 2025 Fund balances at 31 May 2025 are represented by: Tangible assets Current asselsl(liabilities) 121.432 306,949 121.432 331,458 24,509 428.381 24,509 452.890 -23-
MISSENDEN WALLED GARDEN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 22 Analysis of net assets between funds (Continued) Unreslricted Unrestricted funds funds general deslgnated 2024 2024 Restricted funds Total 2024 2024 Fund balances at 31 May 2024 are represented by: Tangible assets Current assetsl(liabilities} 30,068 205.636 30,068 301.699 50.000 46,063 235.704 50.000 46,063 331.767 23 Related party transactions During the year the CIO entered into the following transactions with reL4led parties.. Amounts of £205 {2024.' £415) were reived. in respect of gardening services and retail sales. from Great Missenden Village Association, which Gillian Foley is a Treasurer of. There was also a payment of£10 made by the charity to Great Missenden Village Association for Membership fees {2024.. £101. Payment of £2,1 QO (2024. £4,025) in respect of website devek)pment work was made to Work-Form. Mr John Bateson's son-ilaW is a partner of Work-Form. 24 Cash generated from operations 2025 2024 Surplus for the year 121,123 54,582 Adjustments for: Investment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assets 18,245) 19,835 {1,7291 16,517 Movements in working capital: Ilncrease}Idecrease in debtors Increase in creditors (19,477) 2,334 566 10,587 Cash generated from operatlons 115,570 80,523 25 Analysis of changes in net funds The CIO had no material debt during the year. -24-