Haygrove Community Gardens A COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS For the year ended 31 December 2024 Company Registration No 10573185 Charity No 1176183
Haygrove Community Gardens (A company limited by guarantee) LEGAL ANO ADMINISTRATIVE INFORMATION TRUSTEES AND MANAGEMENT COMMIThEE Mr A J Davison Ms S L Roberts Mr P J Scrimshaw (resigned 2 December 20241 Mr T J Crossman lappoinled 28 November 20241 COMPANY NUMBER 10573185 REGISTERED CHARITY NUMBER 1176183 REGISTERED AND PRINCIPAL OFFICE Redbank Little Marcle Rd Ledbury United Kingdom HR8 2JL BANKERS National Westminster Bank Bristol City Office BS1 3EU INDEPENDENT EXAMINER RSM UK Tax and Accounting Limited Chartered Accountants Second Floor 1 The Square Temple Quay Bristol BS16DG
Haygrove Community Gardens {A company limited by guarantee) TRUSTEES. REPORT The trustees psent their report and unaudited financial statements for the year ended 31 December 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charib'es Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charib'es". Statement of Recommended Practice applicable to eharilies preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. REFERENCE AND ADMINISTRATIVE DETAILS Charity number. 1176183 Company number.. 10573185 Prfn¢ipal Office Redbank Little Marcle Road Ledbury HR8 2JL Board of Trustees The trustees who served during the penod were as follows. A J Davison S L Roberts P J Scrimshaw Iresigned 2 December 20241 Mr T J Crossman lappoinled 28 NOveMr 2024) Company Secretary S J Francis STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document Haygrove Community Gardens is a company limited by guarantee governed by ils Memorandurn and Articles of Association dated 19 January 2017. 11 was registered as a charity with the Charity Commission on 8 December 2017. Recruitment and appointment of Trustee8 In a¢¢ordance with the Articles of Association the number of Trustees shall be not less than 3 with no maximum number. Trustees may be appointed by ordinary resolution or by an existing Trustee. OBJECTIVES AND ACTIVITIES The charity has tsvo main objectives.. The advancement of education for the public benefit. in particular children, in the subjects relating to horticultural practice, conservation, food and nutrition by providing opportunrties for learning about horticulture. To promote and protect the health of people with learning disabilities and mental health issues by providing meaningful daytime activity, education and work experience in horticulture and as a consequence of this enable them lo obtain life skills so that such persons can develop their physical and mental capacities and grow to full maturity as individuals and members of society thus improving their quality of life. Actlvltles to achleve the8e obJectlve8 Haygrove Comrnunity Gardens supports the provision of community gardens. Teaming up with social care providers, our community gardens offer a sociable yet peaceful place of nature where member5 of the local community can go for Iherapeulic healing and school children visit lo learn about where their food comes from, how lo grow and care for produce, and the importance of healthy eating. The other purpose of our gardens is to facilitale the integration of other local businesses Into the community. By
Haygrove Community Gardens (A company limited by guarantee) TRUSTEES, REPORT forming partnerships wrth local businesses through the community gardens, we can not only help to ensure the gardens, continual advance, bul also provide a means by which their staff can benefit from using the garden and helping ils other visitors. ACHIEVEMENTS AND PERFORMANCE In 2024, the Haygrove Community Gardens Charity continued to support projeel$ in Ross-on-we, Leominster, Hereford, and Newent. We have created plans for our new community garden sile in Ledbury and continue lo receive financial support from Abel and Cole for the garden. The lablelop gardening session in Ledbury continued to host a regular group of 14 disabled and disadvantaged adults in each session who received 450 hours of support, funded by the Eveson Trust, E F Bulmer Foundation and Awards for All. In Newent, we planted trees and undertook well-being walks at the Woodland Walk site. We continue lo market our work through our website and social media. Al Ross-on-We Communty Garden, which supports those with mental and physical health challenges, the Zero Waste Stall hosted over 10.000 visits, redistributing over 40 tonnes ol food. with the help of 74 volunteers. Schools work has increased over the year with over 1200 children from local primary schools visiting the garden as well as growing and cooking clubs and Holiday Activities and Food programme IHAFI. 40 adults with mental health needs and learning disabilities benefited from 1675 hours of Iherapeulic gardening sessions, and overall, 120 people volunteered with over 14.000 volunteer hours worked throughout the year. PU8LIC BENEFIT The Charity's Trustees have complied with their duties under the Charities Act 2011 to have due regard to public benefit guidance IPB1, PB2 and PB31 published by the Charity Commission. They are aware of the public benefit requirement, its implications for charities and their duty to report how they have carried out the Chanty's purposes for the public benefit and lake the public benefit guidance into ac¢ounl when making decisions. FINANCIAL REVIEW For the year ending 31st December 2024, the eharity showed a surplus of £2,00712023.' £4,592 defieill. This is the combination of a restricted funds deficit of £1.209 and an unreslrieled funds surplus of £3,216, following the transfer of £3,044 where funds have been invested in capital items. Some of the activities were funded from grants received and recognised in the financial statements in prior years12020-20231. The Trustees are aware that in order to achieve success of future projects, on a sustsinable basis, focus should tse placed on obtaining external funding from corporate partners for specific projects. RESERVES POLICY The trustees review the level of reserves available lo ensure that current and anlicipaled future projects can be financially achieved and are sustainable. The lolal reserves as at 31 sl December 2024 were £48.94312023'. £46,936). The total reserves were made up of the following.. Restricted funds £26,193 and Unrestricted funds £22.750. The unrestricted cash balance held al year*nd was sufficient lo meet obligations falling due. The chanty h85 ongoing support and commitment from ils primary benefactor Haygrove Limited regarding the general running of the charity, and Trustees are confident further donations will be received lo maintain posrtive unreslricled cash flow. SMALL COMPANY PROVISION This report has been prepared in accordance with the provisions applicable to companies entilled to the small companies, exemption. Signed by order of the trustees A J Davison Chairman Dale
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAYGROVE COMMUNITY GARDENS I report to the trustees on my examination of the Financial Stslemenls of Haygrove Community Gardens I'lhe Company'l for the year ended 31 December 2024. which are set out on pages S to 16. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the company land also ils directors for the purposes of company lawl you are responsible for the preparation of the Financial Slatemenls in accordance with the requirements of the Companies Act 20061'the 2006 Acl'l Havirw satisfied myself that the Financial Statements of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination I report in respect of my examination of your chanty's Financial Statements as Carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Direcb'ons given by the Charity Commission under section 14515llbl of the 2011 Act. An independent examination does not Involve gathering all the evidence that would be required in an audit and consequently doe5 not cover all the matters that an auditor considers in giving their opinion on the Financial Statements. The planning and conduct of an audit goes beyond the lirniled assurance that an independent examination can provide. Consequently, l express no opinion as to whether the Financial Statements psent a 'true and fair view, and my report is lirnited lo those specific matters set out in the independent examiner's ststemenl. INDEPENDENT EXAMINER'S STATEMENT I have ¢ompleted my examination. I confirm that no material matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material spect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act.. or the Financial Statements do not accord with those records", or the Financial Slalemenls do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination.. or the Finaneial Statements have not been prepared in accordance with the methods and Pfinciples of the Statement of Recommended Practice.. Accounting and Reporting by Charities applicable to charities preparing their Finan¢ial Ststemenls in accordance with the Financial Reporting Standard applicable in the UK and Ireland IFRS 1021. I have no concerns and have come a¢ross 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. Kerry Gallagher FCA The Institute of Chartered Accountants in England and Wales Fellow Chartered Accountant ON BEHALF OF RSM UK TAX AND ACCOUNTING LIMITED Chartered Accountants Second Floor, 1 The Square Temple Quay Bristol, BS1 6DG Date.. 25 June 2025
Haygrove Community Gardens (A company limited by guarantee) UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES lincluding an Income and Expenditure Account) for the year ended 31 December 2024 UnrestrKted funds Restri(tsd funds Tetal funds Total fvnd$ Year ended 31 Demer 2024 Year ended 31 Year endèd 31 Year eDdj 31 Decernir 2024 2024 2023 IKOME FROM. 52.849 3.900 56.749 63,018 Donations Grant5 Fecewed 70.757 70.757 23.1Q5 TOTAL 52.849 74.657 127.506 86,123 EXPENDITURE ON CharitableActMt*s 52.677 72.822 125.499 90.715 TOTAL 52.677 72.822 125,499 90.715 NET INCOMEI IEXPENDITUREI 172 1.835 2,007 14,5521 Transfer ben Funds 12 13,0441 NET MOVEMENT IN FVNOS 3.216 11.2091 2.007 14.5921 RECONcILTION OF FUNDS Totsl fund5 brou9hl forward at 1 January 19.534 27,402 46.936 51,528 TOTAL FUNDS CARRIEO FORWARO 22.750 26,193 48,943 46,936 All actN11$Sre dass•J ascontinui in the current year.
Company Registration No. 10573185 Haygrove Community Gardens (A company limited by guarantee) UNAUDITED BALANCE SHEET for the year ended 31 December 2024 2024 2023 Note FIXED ASSETS 23,178 29.578 CURRENT ASSETS Debtors Cash al bank and in hand 10 22,605 19,550 12,578 18,948 42,1S5 31.526 CREDITORS Amounts falling due within one year 11 116.3901 {14,1681 NET CURRENT ASSETS 25,765 17,358 TOTAL ASSETS LESS CURRENT LIABILITIES 48.943 46,936 NET ASSETS 48,943 46,936 FUNDS.. Unrestricted funds Reslricled funds 12 12 22,750 26.193 19.534 27,402 48,943 46,936 For the year ended 31 December 2024 the charitable company was entilled lo exemption from audit under section 477 of the Companies Act 2006 relating to small companies and its members have not required the company to have an aLbdit of its ffinancial statements for the period in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial stslements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies, regime. The financial slalements on pages 5 10 16 were approved and aulhorised for issue by the officers on .and signed on their behalf by.. A J Davison Chairman
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 ACCOUNTING POLICIES CHARITY INFORMATION Haygrove Community Gardens is a private company limited by guarantee and incorporated in England and Wales. The registered office is Redbank, Little Marcle Road, Ledbury, Heref0rdshi, HR8 2JL. Haygrove Community Gardens meets the definition of a public benefit entity ursder section 34 of FRS 102. The principal objectives ofthe charity are detailed in the Trustees report found on page 2 of these financial statements. The ¢harity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee Is limited to £1 per member of the entity. ACCOUNTING CONVENTION The Financial Statements have been prepared in accordance wf(h the Sialement of Recornmended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 second edition- Charities SORP IFRS 1021 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 10218nd the Charities Ael 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. The accoLtnling policies as disclosed have been applied consistently throughout the current and preceding year. The financial slatements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial ststements are rounded to the nearest £1. GOING CONCERN The Charity, which reported a surplus in the year, is well Tegarded locally and fills an important niche area in supporting its service users, promoting and protecting the health of people with learning disabilities and mental health issues and in the education of the importance of horticulture, Conservation. food and nutrition, particularly among young people. Trading budgets and cash flows have been prepared for 2025 and are monitored against actual performance. The charity has ongoing support and commitment from ils primary benefactor Haygrove Limited with regard to the general running of the charity and at the yearond was holding financial reserves committed to specific projects within these plans. The development of a Community Garden project in Ledbury has attracted external support with a confirmed commitment from one benefactor to donate £10,000 per year for the next four years, linked to agreed milestones. Taking all of these factors into account, the trustees consider that there are no material uncertainties about the charity's ability lo continue as a going concern and these accounts have been prepared on this basis. FUND ACCOUNTING Unrestricted funds are available for use al the discretion of the trustees in furthefance of the general objectives of the charity and have not been restricted for other purposes. Reslri¢led fvnds are funds which are to be uged in accordance with specific $trIctl0n5 imposed by donors or which have been raised by Ihe Charity for particular purposes. The aim and use of each restricted fund is sel oul in the notes lo the financial ststemenls.
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 INCOME Income is recognised when the charity is entitled to the income. the value can be meaSUd with sufficient ieliability, and il is probable the funds will be received. Income from govemment and other grants, whether 'capital' grants relatsng to tangible fixed assets or 'revenue' grants, is recognised when the Charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred. EXPENDITURE Liabilities are recognised as expendrture as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable expenditure comprises costs incurred by the charity in delwery of its ath'vilies and objectives. It includes both Costs directly attributable to acb'vities and indire¢l sts necessary to support them. All reSoUrS expended are inclusive of irrecoverable VAT. TANGIBLE FIXED ASSETS Tangible fixed assets are initially measured al cost and subsequently measured at cost. net of depreciation and any impairment losses. Assets costing £500 or more are capitalised as fixed assets and are carried at cost less depreciation. Depreciation is provided al rates calculated to write off the cost less estimated residual value of each asset over ils expected useful life, as follows.. Plant and machinery 4 years straight line. In detemining the useful life of an asset consideration is given lo both the asset type. ils location and purpose of use. FINANCIAL INSTRUMENTS As the charity only has basic financial instruments il has elected to apply the provisions of s110 11 '80$ Financial Inslrumenls, of FRS 102, to all of its financial Instruments. Financial instruments are recognised when the charity becomes party lo the contra¢lual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on net basis or to realise the asset and settle the liability simultsneousty. Bas fin8ncial assets Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction priee including transaction costs and are subsequently carried at amortised cost using the effective interest method unsS the arrangernenl conslitules a financing transaction. where the financial asset is measured al the present value ofthe future receipts discounted al market rale of interest. ClassrfAcalion of financial liabilitS Financial liabilit4.es and equity Instruments are Classif according lo the SUbStsn of the contractual aangeMentS entered into. An equity instrument is any contract that evidences a resu21 interest in the assets of the company after deducting all of its liabilit*s.
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 Bas financial liabilities Basic financial liabilibes. including trade and other payables are inilialty recognrsed * transaction pr unless the arrangement conslilules a financing transaction, where the debt instrument is measured at the present value of future PaYnIS discounted at a market rate of interest. TAKATION The charity meets the definition of a charitable company for UK corporation tax purposes. Accordingty. the charity is partially exempt from tsxalion in respect of income or capital gains to the extent that such inwme or gains are applied exclusively to charitable purposes. NET IEXPENDITUREI I INCOME 2024 2023 Nel lexpenditurel l income for the year is stated after ¢harging'. Depreciation of owned tangible fixed assets (10,2031 {8,749} INCOME FROM OONATIONS Unrestricted fvnd$ Restricted nds Totsl funds Total funds Year ended Year ended Year ended Year ended 31 December 31 December 31 December 31 December 2024 2024 2024 2023 Donations 52,849 3,900 56,749 63,018 52.849 3,900 56,749 63,018 INCOME FROM GRANTS RECEIVED Unrestricted fvnds Restn'cled funds Total funds Total funds Year ended 31 December 2024 Year ended 31 December 2024 Year ended Year ended 31 December 31 Detsmber 2024 2023 Grants Received 70,757 70,757 23,105
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 INCOME FROM GRANTS RECEIVED Icontinuedl The Restred Funds received in the perd towards Ross Communty Garden's projects included fvnding from C¢)-op and Herefordshire Council (Holiday Activits'es and Food HAF and Safer Communty funds). Two separate grants from Bulmer Trust and the NatKJnal Lottery have also been secured to develop new community gardens ILedbury and Newenll, in addition to core fvnding from Garfield Weston. ANALYSIS OF CHARITABLE ACTIVITIES Unreslricled Activities undertaken dire¢lly Restricted Activities undertaken direclly Unrestricted Support costs (Note 61 Total Total Year ended Year ended Year ended Year ended Year ended 3lDeMber 31 December 31Decemter 31 December 31December 2024 2024 2024 2024 2023 Gardens Costs Stsff Costs Visitor Costs Project Admin Costs Travel and Sundries Professional Fees Insurance Admin Salaries Bank Charges Loss on Disposal Funded General Overheads 2.320 21,605 6,837 12,861 11.261 35,712 6,518 3,895 13,581 57,317 13,355 16,756 821 4.282 1.058 17,972 88 269 8.680 40,079 12,683 13,348 433 3.589 916 10,905 82 821 4.142 566 8.584 88 269 15,4161 140 492 9,388 5.416 43.623 72,822 9,054 125,499 90,715 Unrestricted Expenditure for Haygrove Commursity Gardens during 2024 tolalled £43,623 12023.. £55,942) and Unrestricted Support Costs totalled £9,054 12023. £13,632). Haygrove Community Gardens had Restricted Expendrture of £72.822 12023. £21,141) for the year ending 31st December 2024 and allocated across all Restricted and Designated Projects.. majority lo Safer Community Fund, Ell Brook Fund, National Lottery Awards for All, Abel & Cole. Garfield Weston, Bulmer Trust. Holiday Activities and Food IHAFI, Zero Waste and Claus Kopp projects. 10
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 ALLOCATION OF SUPPORT AND GOVERNANCE COSTS Restricted Support costs Year ended 31 December 2024 Unrestricted Govemance Support costs costs Year ended Year ended Year ended Year ended 31 December 31 December 31 DecemL*r 31 December 2024 2024 2024 2023 Total Total Travel and Sundries Professional Fees Independent Examination Fees Bank Charges Insurance Admin Salaries Loss on Disposal Funded General Overheads 821 302 821 442 3.840 88 1,058 17,972 269 433 193 3,396 82 916 10,905 140 3,840 88 492 9,388 8.584 269 15,4161 5,416 15,436 5.214 3.840 24,490 15,925 STAFF COSTS Year ended 31 L)ecember 2024 Year ended 310ecember 2023 Salaries Pension Cost 74.192 1,097 50,094 890 75,289 50,984 Haygrove Community Gardens had no employees during the year12023'. Nill. Staff are employed and remunerated by Haygrove Limf(ed, a related enbty. These costs are recharged to Haygrove Community Gardens and accounted for as staff costs. TRUSTEES Dunng the year no trustees made an expense ¢laim12023.. Nill. Tru51ees received no reMUneratnI2o23'. Nil) in the year. The trustees are considered to be the key management personnel of the chaiity.
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 TANGIBLE FIXED ASSETS Equipment Cost Al 1 January 2024 Additions Disposals 48,099 4,072 16451 Al 31 December 2024 51,526 Depreciation and impairment At 1 January 2024 Charge for the year Eliminated in respect of disposals {18,5211 110.2031 376 At 31 December 2024 28,348 Carrylng amount At 31 December 2024 23,178 29,578 At 31 December 2023 10 DEBTORS 2024 2023 Prepayments and accrued income Trade Debtors 3,407 2,535 10,000 Other Debtors 19,198 43 22,605 12,578 11 CREDITORS.. Amounts falling due within one year 2024 2023 Trade creditors Accruals 11,724 4,666 9,728 4,440 16,390 14.168 12
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 12 MOVEMENTS IN FUNDS 2024 Movement in Funds At 1 January 2024 Income Expenditure Transfers A131 Dernber 2024 Unrestricted funds 19,534 52,849 152,6771 3,044 22,750 Restricted funds Compostable Toilet 32 132} Ell Brook 15.913 114,4961 11,4171 Talk Community Hub 57 1571 Claus Kopp New Projects 1,513 11.5131 Zero Waste Stall 134 3,400 12,8661 16681 HerefordShi Council 1. 3,601 13,6011 Ross Children Project 86 1861 Abel & Cole 9,667 (5,643} 4,024 8ulmer Trust 5,000 15,0001 CO-OP 1,524 11,5241 Herefordshire Council 2" 30,966 121,3221 1629 9.015 Natronal Lottery Awards for All 19,666 {11,0961 8.570 Oddfellows 500 11701 13301 Garfield Weston 10,000 15,4161 4,584 46,936 127,506 1125.4991 48,943 13
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 12 MOVEMENTS IN FUNDS {conlinued) 2023 Movement In Funds- Comparatlve Al 1 January 2023 Income Expenditure Transfers At31 Dernber 2023 Unrestricted funds 25,872 59,508 169,5741 3,728 19,$34 Restrl¢led funds Children's Book Festival 500 {5001 Compostable Toilet 271 1591 {1801 32 Ell Brook 17,240 11,3271 15,913 Talk Community Hub 141 1841 57 KS2 Gardening Club 500 1500} Herefordshire Community 3. 1.350 {8501 {5001 Herefordshire Community 4. 3,033 15121 12,5211 Claus Kopp New Projects 2,608 11,0951 1,513 Zero Waste Stall 13 3,277 {2,629) 15271 134 Ross-on-we Council 745 {745} Herefordshire Community 5" 4,800 14.8001 Holiday Activities and Food 1,060 11,0601 Ross Children Proje¢t 233 11471 Eveson Trust- Ledbury 5.000 {5,000} Wnter of Wellbeing 1.500 11.5001 Abel & Cole 10,000 13331 9,667 51,528 86,123 (90,7151 46,936 eIOnSl Council l- Relates to Ihe Hef0rdShITr Council HolKl8y Activity and FLX)dProgramme (HAFJ 'Herdshjre Council 2- Relates to the He10rdS Cotmal Salèr ComnTrunibès Gr&nt. "Herpfordshif8 Community 3- Relates to the Heref0rdshI CommurrityEmewcy Food Pmvism FundM7g. 'Herefonlslwre Community 4- Relates to the Round 2 olHer0rdShIre Commmty & Personal Resilièn¢ Frmding. 'HeOntsTr Community 5- Relates to the Herefordsthre Community George's Fund.
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 Dernber 2024 12 MOVEMENTS IN FUNDS Iconlinuedl Unrestricted funds are available forthe use al the discretion of the trustees in the fiJrtherance of the general objectives of the charty arsd have not been reslncled for other purposes. Restn'cted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds is charged against the specific fvnd. During 2024, the Charity received Holiday Activities and Food1£3,6011 and Safer Communilies1£30.9661 funds ftom Herefordshire Council. Further local funding included Zero Wasle Stall 1£3,4001, Co-op fund (£1,524) and Oddfellows donalion1£5001. The Charity also secureLI a new Grant for the development of the Ledbury site from Bulmer Trust 1£5,0001. National Lottery Awards for All 1£19,6661 was secured towards the Community Gardens Devebpmenl Project (Ledbury and Newenl sites) as well as funding towards core costs from Garfield Weslon1£10,0001. Restricted funds held al 31 Dember 2024 relate to Safer Communibes Fund for Family Link project at Ross 1£9,0151, National Lottery Awards for 1 for Newent & Ledbury gardens devebpment1£8,5701, Ledbury development fvnd from Abel & Cole1£4,0241 and Garfld Weston Core funding1£4,5841. Re$tri¢ted funds amunting to £3.044 were used to acquire fixed assets., atthe winl of purchase the Fixed Asset, the income and related Capital Expenditure were then recc4nised on the Balance Sheet as Unrestricted. 13 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Analysls of Net Assets Between Funds Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 Fund balances al 31 December are represented by.. Fixed assets Current assets Creditors. amounts falling due within one year 23,178 15.962 116,3901 23.178 29,578 42.155 31,526 116,3901 114,1681 26.193 22,750 26,193 48,943 46,936 15
Haygrove Community Gardens (A company limited by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2024 13 ANALYSIS OF NET ASSETS BETWEEN FUNDS {continuedl 2023 Anatysis of Net Assets Between Funds unstrICted Funds 2023 Resthcted Funds 2023 Total Funds 2023 Total Funds 2022 Fund balances at 31 December are represented by.. Fixed assets Current assets Creditors.. amounts falling due within one year 29,578 2,074 112,118} 29,578 30,565 31.526 31,150 114,1681 {10.1871 29.452 12,0501 19.534 27,402 46.936 51,528 14 RELATED PARTY TRANSACTIONS During the year, there were general donations of £51,622 12023." £53, 1641 received from Haygrove Limited. £9,031 owed to H8ygrove Limited was still outstanding at year*nd12023." £5,711). Stsff costs were recharged from Haygrove Limited in the year of£75,28912023.' £50.9841. These are related parties as A J Davison is the sole shareholder of Haygrove Summit Supervisory Limited. the parent company of Haygrove Limited an¢J a Trustee of Haygrove Community Gardens Limited Charity. 16