**FOOD AND FARMING DISCOVERY TRUST (A CHARITABLE INCORPORATED ORGANISATION)**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
## **REPORT OF THE TRUSTEES**
## **AND**
## **FINANCIAL STATEMENTS**
COMPANY NUMBER: CE012563 CHARITY NUMBER: 1176121
**FOOD AND FARMING DISCOVERY TRUST (A CHARITABLE INCORPORATED ORGANISATION)**
**PAGE**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
## **INDEX**
|Legal and Administrative Details|1|
|---|---|
|Report of the Trustees|2 – 5|
|Report of the Independent Examiner|6|
|Statement of Financial Activities for the Year|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 – 12|
## **LEGAL AND ADMINISTRATIVE DETAILS**
**Charity Registration No.** 1176121 **Company No.** CE012563 **Registered Address** Norfolk Showground Dereham Road Norwich NR5 0TT **Trustees** Robert George Russell Carter Gregory Stephen Smith Steffan Daniel Anderson Griffiths (Chairman) Ben Burgess Turner Catherine Susanne Judith Scott (resigned 25[th] November 2021) Poul Jorgen Hovesen Mark Alexander Nicholas (appointed 25[th] March 2021) Dr Catherine Mary Richards (appointed 25[th] November 2021)
**Independent Examiner** Price Bailey LLP Anglia House 6 Central Avenue St Andrews Business Park Thorpe St Andrew Norwich NR7 0HR
Page 1
**FOOD AND FARMING DISCOVERY TRUST (A CHARITABLE INCORPORATED ORGANISATION) CHARITY NUMBER: 1176121**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
The Trustees present their second report and financial statements of the charitable organisation for the year ended 31[st] December 2021.
The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
## **1. Reference and Administrative Information**
The Food and Farming Discovery Trust (“the Trust”) is a Charitable Incorporated Organisation and a registered charity.
The Trust was constituted on 6[th] December 2017 in England and immediately commenced activities. The Trustees are listed on Page 1.
## **2. Objectives**
The principal objective of the Trust is to advance the education of the public in Norfolk, in particular the education of children of school age, in food production, farming and countryside education, in such ways as the Trustees may from time to time determine, ensuring the education is presented in a neutral and balanced manner.
## **3. Strategy adopted by the Trustees to implement the objectives**
Despite the restrictions during the year, the Trust’s strategy remains to be:
- Providing activities to educate about Farming in Norfolk and to identify the best way to incorporate farming into the curriculum.
- Seeking to work more closely with schools and colleges in Norfolk.
- Providing educational content for events held by the Royal Norfolk Agricultural Association.
## **Public benefit**
The Trustees have had due regard to the Charity Commission’s guidance to public benefit. The main activities undertaken to further the charity’s purposes for the public benefit are, through the provision of advice to further assist in the education of food and farming in Norfolk.
## **4. Risk Management**
The Trustees have the overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. The systems of financial control are designed to provide assurance against material misstatement or loss. They include:
- Regular meetings of the Trustees at which the financial health of the charitable company is reported and discussed.
Page 2
**FOOD AND FARMING DISCOVERY TRUST (A CHARITABLE INCORPORATED ORGANISATION) CHARITY NUMBER: 1176121**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
- Written policy as to the management of the charitable Company’s funds by third parties.
- Financial procedures to ensure the proper disbursement of monies owing by the charitable Company.
The Trustees have reviewed major risks and established systems together with appropriate monitoring procedures to mitigate them. The key risk controls used include:
- Formal agendas and minutes for all Committees and Board activity.
- Comprehensive strategic planning, budgeting and management accounting.
- Established organisational structure and lines of reporting.
- Clear authorisation and approval levels.
## **5. Achievements and performance**
## **a. Review of activities**
As a result of the global pandemic caused by the novel Coronavirus 2019 (COVID-19) several of the Trust’s activities had to be curtailed in 2021. The Trust would have provided educational content for the RNAA’s large-scale events – Spring Fling and the Royal Norfolk Show – however, both of these events had to be cancelled. The restrictions, which continued for much of 2021, resulted in only limited activity with schools although more virtual content was generated by the Trust.
Key projects in 2021 have included:
**Climate Change Conference** . In collaboration with St Peter Mancroft's church Norwich, Gaia exhibition and the Norwich Science Festival, Dr Jenni Rant (FFDT Advisory Group member) delivered an online climate change conference with the Science Art and Writing Trust for primary schools over the period 19 October-12 November 2021. The event was hosted as part of the Science Festival website. The conference provided a mixture of short videos by real life scientists (including from the John Innes Centre), farmers, artists and writers and hands on activities for teachers to run from the comfort of their own classrooms. A number of participating schools where also invited to take artwork and ‘pledges to the planet’, produced by their children, to put on display at St Peter Mancroft church. To celebrate the arrival of the awe-inspiring Gaia sculpture by artist Luke Jerram at the church, the art session enabled children to create their own planet pieces.
Teacher feedback post event has been extremely positive. The feedback indicated that teachers found the resources to be easily accessible, activities well-explained, and the combination of videos and activities complemented each other. Most teachers said that they planned to reuse the resources in the future. They also said that children who took part gained an improved understanding of climate change, were aware that food production has an impact on climate change and were shown examples of new farming techniques that are more climate friendly.
Page 3
**FOOD AND FARMING DISCOVERY TRUST (A CHARITABLE INCORPORATED ORGANISATION) CHARITY NUMBER: 1176121**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
The Climate Change conference was generously funded by the John Innes Foundation.
**Conscious Consumers project** . Last year in a collaboration between the SAW Trust, the Youth Stemm Award and LEAF Education, the FFDT developed three resources for teenagers on the topics of food miles, plant-based diets and personalised nutrition to enable young people to delve deeper into the facts and build confidence to question data sources on social media. This year the Trust has developed three new resources on the topics of climate change, rewilding and animal welfare. With videos from experts and practical activities, these workshops are free to download and can be completed as part of a group at school or college or independently at home. They are designed to enable young people to explore topical issues that span the boundaries of agriculture, food, health and society and invite young people to consider what it means to be a conscious consumer and think about how the choices we make everyday impact on the environment and our wellbeing.
The resources are currently available on the Youth Stemm Award website and soon to be added on Countryside Classrooms, Children's University and the new FFDT digital platform. To promote the resources to young people we ran a competition as part of the Norwich Science Festival the Trust will have a taster activity published in the British Science Association's science week pack in early 2022 that will be downloaded by over 20,000 secondary school teachers.
The Conscious Consumers project is generously funded by the Chadacre Charitable Trust.
**Digital Hub** . To support and grow the activity of the FFDT, the Trust is investing in a new digital hub which will be based around an easy to use, interactive and visually engaging website, forming a home for digital resources and raising the impact of our hands-on events and activities. Content will be channelled across six core areas or themes, education, careers, nature, technology and information on what is growing and being produced locally. Content for these areas is being developed in collaboration with partner organisations and supported by a comprehensive social media strategy with timely and regularly updated bite-sized educational content. Key to our offer will be the blend of remote learning with hands-on activities and events supported by our mobile classroom.
The Royal Norfolk Agricultural Association has raised funds from local charitable trusts to fund the build and development of the Digital Hub.
**Employment of Trust Manager** . In early 2022 the Trust created a new position of Trust Manager. Funding required for the post has been secured from the Royal Norfolk Agricultural Association, City College Norwich and the Clan Trust. The appointee, Dr Shannon Woodhouse, will join the Trust having completed a role as a post-doctoral researcher with the John Innes Centre.
Page 4
**FOOD AND FARMING DISCOVERY TRUST (A CHARITABLE INCORPORATED ORGANISATION) CHARITY NUMBER: 1176121**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **5. Achievements and performance**
## **b. Going concern**
Throughout the year, the Trustees had to consider the potential impact of the global pandemic caused by the novel Coronavirus 2019 (COVID-19) on its activities, its finances and the ability to delivers its charitable objectives. The Trustees judge the organisation to be a going concern.
## **6. Review of Finances**
At the end of the year the Trust made a surplus of £30,647 (2020: £13,195). The closing funds at the year-end was £35,453 (2020: £4,806).
The charity is aware of its responsibilities for implementing a reserves policy. The unrestricted reserves are held to support administration and overhead costs. The intention is that this should be grown and maintained in surplus. Such unrestricted income is expendable at the discretion of the Trustees in the furtherance of the objectives of the charity.
During the year, the trust received grant funding from the Chadacre Agricultural Trust, CLA Charitable Trust, John Innes Foundation, Royal Norfolk Agricultural Association and the Clan Trust.
## **7. Structure, Governance and Management**
The charity is governed by its constitution which was adopted on 6[th] December 2017.
The management of the charity is the responsibility of the Trustees who are elected under the terms of the governing document.
In selecting individuals for appointment as Trustees, the charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the Trust.
On behalf of the board of Trustees
Mark Nicholas (Oct 27, 2022, 5:01pm) ……………………………………. M A Nicholas
27 Oct 2022 Date:
Page 5
## **Independent Examiner's Report to the Trustees of**
## **Food and Farming Discovery Trust**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 7 to 12.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Aaron Widdows ACA FCCA
On behalf of **Price Bailey LLP Chartered Accountants**
Anglia House 6 Central Avenue St Andrews Business Park Thorpe St Andrew Norwich NR7 0HR
Date: 28 October 2022
Page 6
## **FOOD AND FARMING DISCOVERY TRUST**
Statement of Financial Activities (incorporating an Income and Expenditure Account)
For the year ended 31 December 2021
|**Note**
**Unrestricted**
**£**
**Income from:**
Donations and Legacies
2
71,247
**Total Income**
**71,247**
**Expenditure on Charitable Activities**
Other Charitable Expenditure
3
40,600
**Total Expenditure**
**40,600**
**Net surplus/(deficit) on operating activities**
30,647
**Net movement in funds**
30,647
**Reconciliation of funds**
Funds brought forward
4,806
Total funds/(deficit) carried forward
**35,453**|**Restricted**
**£**
20,000
**20,000**
20,000
**20,000**
-
-
-
**-**|**2021**
**Total**
**£**
91,247
**91,247**
60,600
**60,600**
30,647
30,647
4,806
**35,453**|**2020**
**Total**
**£**
40,250|
|---|---|---|---|
||||**40,250**|
||||27,055|
||||**27,055**|
||||13,195|
||||13,195
(8,389)|
||||**4,806**|
The notes on pages 9 to 12 form part of these financial statements
Page 7
## **FOOD AND FARMING DISCOVERY TRUST**
Balance Sheet as at 31 December 2021
|**Note**
**Current assets**
Debtors
6
**Total current assets**
Creditors: amounts falling due within one year
7
**Net assets less current liabilities**
**Net Assets/(Liabilities)**
**Represented by the funds of the charity:**
**Unrestricted Funds:**
Unrestricted reserves
8
**Total Funds**|**£**
**£**
43,948
**43,948**
8,495
35,453
**35,453**
35,453
**35,453**
**2021**|**£**
**£**
10,203
**10,203**
5,397
4,806
**4,806**
4,806
**4,806**
**2020**|**£**
**£**
10,203
**10,203**
5,397
4,806
**4,806**
4,806
**4,806**
**2020**|
|---|---|---|---|
||||**4,806**|
||||4,806|
||||**4,806**|
The financial statements were approved by the board of trustees on 27 Oct 2022
Signed on behalf of the board of trustees
Mark Nicholas (Oct 27, 2022, 5:01pm)
….........................................................
M A Nicholas
The notes on pages 9 to 12 form part of these financial statements
Page 8
## **FOOD AND FARMING DISCOVERY TRUST**
Notes to the Financial Statements
For the year ended 31 December 2021
- **1 Statement of Accounting Policies**
## **Basis of Accounting and assessment of going concern**
The Food and Farming Discovery Trust is a charitable incorporated organisation, incorporated in the UK. The registered address is Norfolk Showground, Dereham Road, Norwich NR5 0TT.
The Financial Statements have been prepared under the historical cost convention.The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102 1A) (effective 1 January 2019), Statement of Recommeded Practice (FRS 102), applicable accounting standards and the Charities Act 2011.
The financial statements are presented in sterling and rounded to the nearest pound.
The Food and Farming Discovery Trust meets the definition of a public benefit entity under FRS 102.
Comparative figures may not be entirely comparable due to the first accounting period being longer than one year.
These financial statements have been prepared under the going concern basis of accounting. With known funding subsequent to the year end, the Trustees believe the Trust will continue in operation for at least 12 months from the date of approval of these Financial Statements.
## **Judgements and key sources of estimation uncertainties**
There are no estimates of a material amount applied in the preparation of these statements.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Financial instruments**
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their fair value as at the balance sheet date. All financial instruments of the charity are measured at cost.
Financial assets include trade debtors but exclude prepayments.
Financial liabilities include other creditors and accruals.
## **Income**
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **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 econmic benfits will be required in settlement and and the amount of the obligation can be measured reliably.
**2 Donations and Legacies**
|Donations|**Unrestricted**
**£**
71,247
**71,247**|**Restricted**
**£**
20,000
**20,000**|**2021**
**Total**
**£**
91,247
**91,247**|**2020**
**Total**
**£**
40,250|
|---|---|---|---|---|
|||||**40,250**|
The restricted donation relates to a gift from the Royal Norfolk Agricultural Association for website build costs.
Page 9
## **FOOD AND FARMING DISCOVERY TRUST**
Notes to the Financial Statements
For the year ended 31 December 2021
|**3**
**Analysis Of Other Charitable Expenditure**
Event Costs & Resources
Accountancy
Website Development
Printing
Insurance
Advertising
Trailer Project
Subscriptions
Bank charges|**Direct**
**Costs**
**£**
29,218
-
-
-
-
-
7,842
-
-
**37,060**|**Support**
**Costs**
**£**
-
1,080
20,259
305
1,065
385
-
250
196
**23,540**|**Total**
**2021**
**£**
29,218
1,080
20,259
305
1,065
385
7,842
250
196|
|---|---|---|---|
||||**60,600**|
Included within Website Development is restricted expenditure of £20,000 (2020: £Nil).
|Event Costs & Resources
Travel & Subsistence
Accountancy
Website Development
Insurance
Trailer Project
Subscriptions
Bank charges
All expenditure is unrestricted.|**Direct**
**Costs**
**£**
19,900
183
-
-
3,839
-
-
**23,922**|**Support**
**Costs**
**£**
-
-
1,500
345
555
-
633
100
**3,133**|**Total**
**2020**
**£**
19,900
183
1,500
345
555
3,839
633
100|
|---|---|---|---|
||||**27,055**|
|||||
|**4**
**Governance Costs**
Independent Examination Fee|**2021**
**£**
1,080
**1,080**|**2020**
**£**
1,500|
|---|---|---|
|||**1,500**|
Page 10
## **FOOD AND FARMING DISCOVERY TRUST**
## Notes to the Financial Statements
For the year ended 31 December 2021
## **5 Trustee Remuneration**
No remuneration nor expenses were paid during the period to the Trustees (2020: £Nil).
## **6 Debtors**
|Other Debtors
Prepayments and Accrued Income
**7**
**Creditors: Amounts falling due within one year**
Trade Creditors
Other Creditors
Accruals
**8**
**Total Funds Summary**
Balance at 1 January 2021
Incoming resources
Resources expended
Balance at 31 December 2021
Balance at 1 January 2020
Incoming resources
Resources expended
Balance at 31 December 2020|**����**
**£**
43,708
240
**43,948**
**����**
**£**
7,214
-
1,281
**8,495**
**Unrestricted**
**Reserve**
**£**
4,806
91,247
(60,600)
**35,453**
**Unrestricted**
**Reserve**
**£**
(8,389)
40,250
(27,055)
**4,806**|**����**
**£**
9,852
351|
|---|---|---|
|||**10,203**|
|||**����**
**£**
660
-
4,737|
|||**5,397**|
|||**Total**
**2021**
**£**
4,806
91,247
(60,600)|
|||**35,453**|
|||**Total**
**2020**
**£**
(8,389)
40,250
(27,055)|
|||**4,806**|
Page 11
## **FOOD AND FARMING DISCOVERY TRUST**
## Notes to the Financial Statements
For the year ended 31 December 2021
## **9 Analysis of Net Assets between funds**
Fund balances at 31 December 2021 are represented by:
|Current assets
Current liabilities
Balance at 31 December 2020
Fund balances at 31 December 2020 are represented by:
Current assets
Current liabilities
Balance at 31 December 2019|**Unrestricted**
**Reserve**
**£**
43,948
(8,495)
**35,453**
**Unrestricted**
**Reserve**
**£**
10,203
(5,397)
**4,806**|**Total**
**Funds**
**£**
43,948
(8,495)|
|---|---|---|
|||**35,453**|
|||**Total**
**Funds**
**£**
10,203
(5,397)|
|||**4,806**|
## **10 Commitments**
There were no material commitments at 31 December 2021 which are not provided for in the financial statements (2020: £Nil).
## **11 Related Parties**
The Royal Norfolk Agricultural Association (RNAA) is a related party as C S J Scott and Dr C M Richards are Trustees of the RNAA and M A Nicholas was the Managing Director. During the year the RNAA donated to the Trust by way of writing off a loan balance amounting to £6,570 (2020: £Nil) and incurred website build costs on behalf of the trust of £20,000 (2020: £Nil). The RNAA operates as an agent and operates a bank account on behalf of the Trust. At 31 December 2021 the Trust was owed from the RNAA £43,708 (2020: £9,852).
Builders Equipment Limited, whose ultimate parent undertaking is RG Carter Holdings Limited a company controlled by R G Carter, has made available a trailer to be used for educational activities with unlimited use.
There are no other related party transactions to disclose.
## **12 Contingent Liabilities**
There were no contingent liabilities at 31 December 2021 (2020: £Nil).
Page 12