CHARITY COMMISSION Susan'5 Farm CIO Registration numbor= 1183223 Annual Report and Financial Statements 30 Aprll 2025 dOdd8LCO Su58n'$ Farm CIO Content Reference and Adrninistratsve Detalls Trustp&s' report Trustees, responsibilities Indep8nd8nl èxamlner's tpport io Statement of financial aGtivi£iès Balance Sheet 12 Notes to the financial statements 13 Su58n'$ Farm CIO Reference and Administrative Detail¥ Charity nam• Susan's F8rm CIO Charity regÈ¥tration numbor 1183223 Prlnclpal offlGe 145 Houghlon Road CARLISLE CA3 OLD Regl¥terpd offlc? 145 Houghlon RDad CARLISLE CA3 OLD Trustees F M&mtt-Smith, Chair (Résignèd 5 March 20251 L SIBter J Agtionby W Laidlaw (Rpsigned 12 Odober 20241 B M8tthews (Reslgned 12 October 20241 IAppoint8d 6 o￿Obar 20241 T Abbas, Chair Acteuntsnt Dodd & Co Limit FIFTEEN Roaèhill MDT71aomery Way Rosehill E51ale C.ARI I.SI F CA12RW Pg99 1 Su58n'$ Farm CIO Truyte85' Report for tho Year Ended 30 April 2025 financial staternents have been prepared In ￿CordanCe wfth the ￿oUn￿ng poliule5 set out In the accounts and comply with the charity's govorning documant, tho Charitias Aci 2011 and Accounting and Roporting by Charities. Slalement of Reconimended Practi￿ app￿i￿OIe in Ihe UK ano RepuNic of Irelan(J. Purposes of Susan's farm CIO Charitabl8 Obiotr.s of Susan's F2rrn CIO are for thè of the public follows.. 11 To advance education arTTong disadvantaged andlor vulnerable adu115 anLI young peuple with Ipaming difficultios, chalkn9ing bohaviours, or mantsllphysical health problerns I'lhe b&neficiaries'l through tho eslablishmenl and oper3tion of a larm. provioing trainii)g and other eijucaty-oiial lacilitses in agriciillijre, horticulture and other related skills. 21 To dèvèlop the cap8¢ity and skills ol th8 b￿n￿GIar[&S in guch a way that they atè bèttèr ablè to idènlrfy, and help tneet, their need5 and to participate more fully in Society. 31 Thg advancem*nl ol eduGalion Ihrou9h the provision of edu¢ational programrnos on agriGullurtr, hortiGullure and other farming related skills lo thildr¢n, young people and adult learners. Susan's Fami CIO'S vision. aims and valu?s w?re agreed in October 2019 as follows.. Our vision 16 that people's lives are transfom)ed by working together in purpoEeful outdoor aGtIVlty 60 th&y Gan reath Lheir full potenilal. Our aim is that we transft)m ihe lives of children and vulnerable ￿Ople in our community through vocational taming activity by.. engaging people in purposeful. educalion8S. land-based and horticultural activities on a working organic farm. oaininu skills and qualifir2lioriS offering feal WDfk", rearing fartn anima15, gfOWITng horticultural produce and cooking nutritiou5 foo connecting people to the land. farming in harmony with the environment and knowing where food comes trom helping peopl8 to develop their life skills and c8pacily to participate in sttiety more lully. Our values 3r& that ￿= Give everyone a chance- including the time needed ynd help to develop their abilities Resp¢ot others. with a non-judgmental attitude . Empowèr p￿p1a Èo thèy havè a ÈènÈ• of wèl1-bÉiro 2nd fèèl va5uèd Work t(￿ether as we can develop more iogether than alone . Work outdogr8 as thi¥ ha¥ 9reat healinglrEstoralivg proportio8 Catrrj and nurlufe ihe wortd around us . ATe en￿rOnmEntallY sustainable D¢liv¢ry". Weddiver our aitns and objEGtives aGlOSS $¢v¢n eduGalional stiands." Educatlonal vlglts for sch(x)I cla55es to le8rn oboul f(x)d. farrning Bnd nature. The￿ inGlude bTrth prirnary and seEondary sGh¢ol ¥i811s. Alternati¥e prDViSiOll for leenage karners to provide purposeful learning and personal development Ihrough agricultural activities. Care Farniing for those with long tarm mental h&alth illnèsses using therap6utlG agricullural activities. Car• Gardenlng for offenders ex-offenders using theiapeuliG hDrticultkJT81 Botivilies. Public ènoagom8nt Using digiial ffledia. open day5. workshops and farm vi51ts. P899 2 Su58n'$ Farm CIO Truyte85' Report for tho Year Ended 30 April 2025 Work placements for undergradu8tes. post-gradu8tes and p05t-16 students. Research aGtlvltlès with partnering organisalions. Strat•glc ObJ&¢tiv•s for Susan's Farm CIO for 2024- 2025.. To conllnue embeddlng thè ambltlous and Incluslve •ducatlonal provllon, $tr8ngth8nlno Ilnks wllh schools and oduG9tional Ést2bliBhments. To continue to develop the s118tegic m8nagernent SyStetn5. @nvironrllenlal social ie5ilience of Su8an's Farni, focusing our energies rnore eNeGlively and building a robus: organisath'on for the future wIIiLli plaLVS OUT sidll, vului)t¥grs 3Ti(J beT)eliLldfl¥b dl ils Iwail. To develop our neMo* of communlly 8UPPOrt bulldlng a sustslnable organlgallon for the future. Tov4ar¢ls a¢hlevlrtg our strat¢glt abJe¢tlve 1.. To conlinue ernbedding the ambNliotAS ènd in¢lU$￿e educat￿n￿l provision, slrenglhening links wrfh schools ènd ucational establishments. Our relationships witr schools has continued lo slrengihen and as a resull 2024-25 school bookings were IAled with 2.010 pupi￿ visitini Susan's Farm. 270 0¥ whom were secondary school pupils and 139 other visits such as nLJrsery schools and brownies and the remainder being prim2ry Échool PLP11E. The EdUCat￿n lthan2g&r ISth,oolÉ Bnd Community Lead) h83 strengthened the link5. and new relab'on3hips hBve formed with K83 gnd K84 Settings. The Ould(x)¥ Leamifw ())4)rdinator has Oesigned and implemenle(* an Ex￿ore and Engage prowsion, a six week course for students al risk of disengaging from school. this is beginning in May 2025. tèrnalivè Provision conlinu8s to b8 succèssfLJI, providing two days a wèak for 8iohT Studènts who hav 5en9aged their 5cfjooling. There is currenuy a list for this provision. and we are con5idetiTrg how this Gould b? eApandgd. The Lare Famers. prooramme is also at I￿paoty wilh a demand Irom Social Gare and Menlal Health Trust tor more proces. WE 8UPPPrt ten students across two doys. 8omo comin9 for ono day 8nd 8omo fpr bi)th. Towards achieving our stratEgic abje£tive 2.. To Gontinuf the 51rrlte9ir sy51Fms. ￿￿￿1￿0￿￿11£YJÈ￿l of Su58n s FsFFn, IoGu5ing our mo.¢ eff¢ttivolJ' and building é robust grgonisation for th¢ futuro whiGh PiaGEs our staff. voIuFFleeN3, 811d beFielici8Fies 81 ils lie8rl. An exkrnal ￿VieW of Su¥gn'$ Farm, wi h findings r¢port¢iJ in August 2020. A ¥ub¥equent rofre¥h of the ¢xl¢mg1 rèvièw, ttimplèlèd ln Dèc*mbèr 2Q24, aÈÈègaÈd thè progrèÈÈ madè Èincè ihè initial èvaluation and Idèntifkgd further PriDrities for dev8loptnent. This eXleTha￿ [ev￿W highlighted the need to stren9th￿n goveTnance arranoements and tts provide enhanced leadership support to improve organi$ational systems, prfxedures, and OVErall p￿*UG1￿1Iy. In response, the Trustees oiganised targeted GoaGhing anG SUPPOrt for the Opefalions Mongger. app9inl¢d g Forming Leod, urnm¢nc¢d th¢ appGintrnenl of a Project Administrator lo fo¢11itste th¢ trangit101 to a p3p8rlèss offic8 putting thé raquigilè procassas in placè and commènead tha appointmènt of addilional truslEvs tu TeinfL)fLg uuvernanLa ity network, this was essential for our cofflmunity engggement events and community de¥elopmeTrt such a5 Open Farm Sunday where 15 organisations took part wth over 400 visitors to the farm. During 2024,'25. Susan's Farm undL)rlodfi a pr(MclTVe r8view tsl the skills and trxp¢riencè represonlvd (In the Board of Trustees, IdentrTrOng capa&ly gaps and priorlllsed targeted recrullmenl. Pg99 3 Su58n'$ Farm CIO Truyte85' Report for tho Year Ended 30 April 2025 Achlevements. Performance. and Impact Susan'8 Farm has been oversubsGrib¢d lor 2024-25 and th8 demand for SGhool visits and service user places TTrliiiu¥b lu lJe lii(Ili. Siibc117'5 F can engage with projecis to build gmall items for the larffl, sueh as a wellle boot rack. Two I￿9-Standing Cara Farniws have ca)ntinued applying thèir preÉerva-maknng skills, uÉ*ng th8 catering kitchen. Tyey now ruy a successful jam and rllorrna￿ade business. Farrners. Five, 4nd are SBlliny at largp ￿0C￿l events such as the Forty Farms Fair at Rh8ged, as w811 as at smaller local markots. Pg99 4 Su58n'$ Farm CIO Truyte85' Report for tho Year Ended 30 April 2025 Publlc engagement Open Farm Sunday welGom8d over 400 visitors lo Susan's Farrn. The event was well supported with stalb from IuLdl UFlJcifiib¢iliLJllb. Ci1171biicl Wildlilv Tiubt rver of staff. The TtUStEes reco9nised thi& as a risk lo the organi5alion.s abil'.ty lo provid? a Ggnsi8lenl I￿¢1 of %rviGe lo ils boneliGiarie8 and took imm£di81& a¢tion to lo¢iJs on prtsvidinq a wod and stable eerviee. There has bepn a fLKiJs on recruitment ol staff and the Trustees initiated a refresh of the extemal review. Since tne year end an extemal consultant to review systems was appointed and a fvlanaging Directorappoinled who siarts in February 2026. ThE Tru5tee5 iegularly review thE rnBjor ri5k5 to wnicn the chBrity 15 expDSed, and 3y5tem5 Dr procedure3 have been pul in place lo manage and milloate those risks so the residual ris4 is manageable. The Trustees maintain a risk r￿ISter and review major nsks rèlating lo Health & Safety, Safeguarding and Financial Management as a regular standing il¢m on the Trustees Meeting ogenda. Pg99 7 Susan's Farm CIO Trustees. Report for the Yaar Ended 30 Aprll 2025 Th• Stratoylr ObjoCtlv•• lor Stssan'$ Farm CIO for 2025- 2026 AIM: For Susan'y arm to bttome the sustsinable. community rplp.vanl and vibrant organisalion enatsling people lo Irsnslorm their li￿5. This year 15 the Second of our lon9er l¥rin 13 yearl plan Iriai will ensure Ih8t insitse and uul, we build and develop our links and support wilh our cornrnuniiy neNvork. Thp SlraLe9ic Objectives for Susan's Farrn GIO for 2025-2026 8re l. To bétter UrderSta￿ the ne¢d5 01 the comfflunilies we sèrvice, in lefflis (:DFnTnupitEs of Iryterèst and Ix)mmunili8s of place and indanity pÉople who would benefrt from our 6erviGe5 and target thtrm. 3. Te d￿01¢p the Arternaiive Provislon s•rviè so that Ynore schoolg ¢#n keèp di8ang2ged pupils Within the school conTrniuiiity lor longer. tTr. To u)118bor8te witn primary an¢J secondary gchoolj Jo that thè school vlsit5 can add va*Je io the CUrri￿ll1M vffered by the schttoi 10 all 8r.hool year groups. ¢, Work Wllh social &BM¢03 and the Méntal Hedllh Trust to provlde meanmgful outdoor activity fr>r vulntrraole adults lo Improv@ their rnantsl h•allh. 2. To continua to expand 4•Tid dIvw￿ty th¢ s8r¢iGes we olter and lo ensure we provid8 Indiv￿ua1fy taibred •xp81iences with measur8ble impaet ftsr thè indwidual %who gre elioible fDr our sarrficès. 3. Pfgvide staff and volunteers with d8rty of our purp05• and thé tools antj proces50S to be 8ble to d•liv•r quality $eryic•g. 4. AppDlnt a Managlng Director lo provide leaderghlp and consistèncy acrDss the tsrqanlsallDn. Approved tjy Ihe Trustees on 15 January 2026 and sign-..d on IheiT behelf by.. Ag onby. Trust& T Abbas Trustse Pa98 8 Su58n'$ Farm CIO Tru¥tee¥' Rgsponsibilities in relation to the Financial Statem8nty tN5tee5 are re5pon5ible for prepartng the Trustee5' Report and the financ￿1 statements In accordance applicabla law and Unitad Kingdom Accounting Standards. Tlw Idw ciyplILJiJlv Iu Lliaiilivb iii EiiiJldTioI ¢iFioI Wl?Isl to these accounts. The financial staternènts have bEen prepatsd In acGordanGe with the second ediliLffi ol the Charities statement of RecOrn[nend￿ PractiGe i55ugJ in October 2019, the Financial Rewrting Slandyrd applrable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011 as amended by the Charities Arl 2022. Th8 acC￿ntS (financial stat&mÈntsl hav8 ￿en pr8par8d to give 8 'truÉ and fair, and havé d8parted frorn the Gh3ri1ie5 IAccDunts and REpor151 RegulatiDTrs 2008 onli to the pxtent required to prt>vide a 'liue nd fair view.. This departure has involved following A¢counting and Reporting by Charitos preoaring their 8rroiJnts in accordaiicg wilh the Fin8iic.Ia￿ Rpporting Staiiflard 8pplirablp irp thp UK and Rppiitslip nf Irp.18nd IFRS 1021 rather than thg A¢¢o￿ntIng gnd Reporting by Chari11g9'Slalom?nl ol Recgmmended Pr8ctice affèctive frorr. 1 April 2005 which has sinc8 been %Wlhdrawn. Basls of preparatlon The charity meet8 the defin1t￿n of a public benefit entity under FRS 102. Assets and liabllllieg are initially cognised at historical cost or transaction value unless olhetwise stated in the rElevanl a(fA)unling policy notes. Golng concern These financial statements have been p￿pared on a going Co￿rn basis. Fund accounting policy Unre.strie.led income funds are gene.ral ftjnds that are available for vse at the twstees, discrelK)n in furtherance of the objectives of the charity. R8Strict8d lunds ar8 thos8 donatèd for us8 in a particular ar8a or lor sp8cific purp088S, th8 us& ol which is rE5trirled to that area or PUTPOSE. DesTgnatod funus ar¥ unr*$tricted fvn¢$ $01 al th• ¢l$¢r¥tion of th¥ tru$lo0$ for $p•¢ifl¢ purpos￿. Further detaits of e8ch fund a￿ discloseo in note 17. Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl Income and gndowm•nts DonalK>ns and legacios Ineluding dorialions, Icgacics anij grantb thal provKJc Ixjrc funding or arc ol general nature Is recognlsed where th8r8 Is 8nfjtlement, probablllty of r@cèipl and th8 amount can ba niÈasur£d with sufficient r>.liab."lity. Income from Go¥emmenl other grants. whelhBr'capitsl' granis or'revEnue' giants. 18 recognised when the Gharily has entilloment to the fbnd8, any performance Gonditions attaGhgd to the granls havfj b90n mel. Il Is prO￿ble thal the income will be receii'ed and the IE mOJnt can be rneasured reliably and Is not deferrd. Defeffed incgrne repr￿entS amuunls recet'ied fur futu&? periods and is released to incoming resource5 in the penod for ￿hich, tl has bean rece',ved. Such income 18 only deferr&d whon. - Thg donor 5p*Gifies that the grant or donation rllust only bg used in fvlure aKo(tnlin9 ￿riC￿5.. or The donor has Imposed conditions which must be met betore the tt.arily has un¢onditional entitlement. Incoming resources from tax reclaims ar? induded in the slalement ol financial activities al the same lime as thè gift to ￿hleh tP.èy rélate. Fany) pioduce income is recogTrised as earned Ilhal is. 05 the related ooods or swices a￿ provided). Investment income is recogfjised on a receivable basis. Income from cl)arilable activities includes income re¢￿]nised as earned las Ihe related goods or Serv4￿$ are provid?dl ond?r contract or where entitlement to grant funding is suolect to speciflc performance conditions. Grant income irKluded in this category proviaes funding to support programff.e activities and 18 feco9niseil where there is enbllemenl. probabi'lity ol receipt and ?rlluunl can be mea5vred with sufficient rel,,abiSity'. Expenditufe Llablllties are recognlse(S as soon as ther8 a legal or coTrstructlve obllgalon commlttln9 the chartty to the èxpèndituré. All expÉndilure Is accounièd for on an accruals ba&s and has betn classili6d undér hèadings that aggEgale all Costs relat￿ to the ¢al￿Ory. Expenditure on raising funds Is the costs ol trading for fundiaising purposes. ehArilahle p.xppnditiirp. r.om9ri%P..￿ those rJ)sl% ir.eiirrp.d by Ihe rhaiity in Ihp delivpry of il% 8r.tivitip.% and s¢rvK¢o for its ben¢fic￿rIes. It in¢lud¢s bolh tho1 be gllo¢at¢d dir¢dy t? such activities and Ihoge costs ol an indirèct naturé nècèssary to Support thèm. Supporf cosis Support Costs include central fun¢lion$ and have been allocated lo aclivity Cost calegones on a basls consistent ￿1th the use of resoui¢¢s, foi example, allocating property ￿5t$ by floor areas. or per tapita, stsff cg81¥ by lh¢ tirne and glhgr by their u¥agc. Irrecoverable VAT IrrectNeTable VAT Is charged agair￿tthe category of r￿Urc￿ 8xpended for which il was incurred. Fixed a66ets Individual fixed assets ￿&11[￿ £100 or more are initially reGorded al cosl. Amortisation Thè amount paid in eonnèction 'wrth thè purchasè of èntitlèrnènta waa arnortisèd ovèr thè uÈèful èttonomic lif8 of Ihat eTrlitl8Ment, and has now been fu15y arnortlsed_ Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl D8pr•clatlon Dcprcciulion is providcd on langiblts lixcd assets so us to wrilc oll Ihc ctssl or valuation. less any csbmolcd resldual valuè, ovèr thelr èxpèctèd useful 8conomlc Ille as follow$.' Tènant's improvements Motor wehidcs Plant and mochinery Office equiprnent 5% slraighi line baBis on buildings 25¥0 rcducir)g balancc basis 15Vy r¢ducin9 balon¢¢ bg8i8 3 years straight Sine basis Cash and Cash Equivalents ash and c85h equNalEnt5 COTFtprise cash on hand call depo5it5. othef 5hort-tEfTll hi9hly liguid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of Llidiiye 117 Vcilue. Stg¢k Stoc% Is valuèd at IhÈ lowèr of t(￿l and nèt rèalisable valué, aftar du8 règard for obsc>lète ènd slow moving stocks. Net ieali5able value 15 based on SElling pri￿ less anticipated cost5 lo comple1￿n and selling costs. Items donèted for resale or distribution ar2 not included in the financial statèments until they are sold or distributed. Qp•raling l•as•s R8ntsis payablè LJnd8r opèiating lÈès8s arè In Ihe stÈtèrnènt of ffinancial adwitiès on a stiaiohl line basis overlhe lease term. P￿s1on8 Tli¥ LlitiFiIy vpvitileb <1 dttliiieLI uJiilTiL.uliuiTr VeTkS1'Jfi bLlieiTW. CL)Filribuliuiib dfv LlidriJv(J in Ihg slat¥iiieTIl ol financ181 actlvlties ag they become payable In accord8nce with Ihe rules of tha gchem8. Donatlon¥ and legocles Unregtrlcted R09trleted Total Fundg Totsl Funds Funds Funds 2025 2024 Oonatlons and lagaelè6 Donatirn5 Glft Ald tsx reclalme 1,364 1,364 7,062 1.006 8,068 1,364 Grants CCF Stanwix RPC Curnbria Wildlifè TN8t Emest Cook Tnjst Myer*¢oLJgh College Garfield Wcston Foundati Country Land Association Fr8ncis C S¢ott Foundation National Lottery 10,650 400 10,650 400 336 1.760 12.000 500 30.000 5,000 12,000 12.000 11,600 25,53B 80,188 11,600 25,536 60.18 49,596 60,186 61.550 57.664 Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl Of the donalKn8 and legaGie8 inGorne in 2024 £35,82Q related to unre8triGled fijnds and £21.844 related lo reslriuled luri(Jb. Investment In¢ome Unr¢strlded Restrlcled Total Funds Total Funds Funds Fund8 2025 2024 IntÈrÈst on cash deposits 2,661 2,661 1.226 l of the investment income in 2024 related lo unreslricled funds. Gh8rithble Rrtiviti Unrestrfcted Restricted Total Funds Total Funds Funds Funds 2025 2024 Education Allcrnats"VLy prtsvioion School visits incorne CaTe famiing income Growlng changgs Income Training income Evént incoma Other incoma (Prafltyloss on 981è of t8tt9Sble flxed assèts held for Ghanty's own use 62,922 26,163 37.900 62.922 26,163 37.900 3,500 3.4?7 885 37,54B 16,937 33.768 4,000 2.062 659 75 3,500 3.417 885 171 171 131,458 3,500 134.958 95,049 Farmlng RPA- 2081¢ Paym¢nl Sth¢m¢ RPA- Land Managerr*nt Farm produG¢ sales Produce Sales LivestrJGk sales Graiing inGome Other income S,448 53,912 39,476 8,392 2.152 400 790 110,570 5,448 7,523 45,823 ,778 7,217 4,102 400 39,478 8,392 2.152 400 790 110,570 101,841 242,028 3.500 245.528 1￿.890 Of Ihe income from Charitab￿ actrvities in 20Z4 f192.890 relaled to unrestricted funds ano £4,000 re￿ated lo reslrlcted funds. Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl Exp•ndSture Educatlr*n Farmlng Total 2025 Tvtal 2024 Dlrect costs Open5ng Stoc1< GFwiiiiTI Llwiiu¥s purLI)asvs Sheep purchases Catue purcha5e5 PUrC￿.&Se of good8 for r98ale losing s.ock Vages and 5zlari8s 15,989 15,989 14.434 501 2,500 501 2,500 ei,1132 111,1961 121.133 3,449 26,311 1.026 4,427 11,351 3,4,fj8 1,8T7 3.360 4.448 3,461 1,981 2,430 111,1961 4.178 217 26,311 1.026 115,989} 117.000 2,485 14,002 e32 5,240 11,81i1 ?,PAO 7,4fj9 3.715 3.054 3.157 619 4.317 11￿.057 116.955 3.232 Staff NIC (Employers) ubcontract cost Staff traininfj SGhool wisit expen5e5 Meal bulohering and dressing Feedstuffs veter.nary and medl¢ine$ Care lamiing expenses FamTr produc8 axpansos Altem8le proviS￿n expenses Grazing and wintoriiig Ernployrnent Costs 4,427 11,3SI 1,8T7 3.360 4,448 3,461 2,248 133,684 3,TT2 70,4TO 6,020 204,154 Support C06ts Water rates InsurarKe Event expen$e$ Haulage Repa.￿ and renewalB Fencing Dog expenses Telephone and fax Printing. postsge and stationory Sundry excEnse5 Motor expenses Marketing Accountancy f88S Ind8pendÈnl 8xaminèrs f8è Bank ch8rge8 DEpreLialiJii of Improvemonts Depreciation uf plant rnychinery Deprec'ation of motor vehicles Deprec1ation of office equipment 2,397 6,552 946 2,397 6,552 948 1,359 5,622 16,433 2.312 347 562 8,620 11,055 120 1,320 975 2,898 8,256 74 2.045 525 554 4.619 4,038 2.499 381 56.824 1,359 736 4.886 1 $,433 1,363 1,587 132 8,122 402 2.930 525 135 4,951 1,911 3.039 414 56.715 1,363 5,794 5,926 8,122 402 2.930 525 583 4.951 1,9Jl 3,029 4?4 65.052 446 8,337 190.399 7e,807 2fj9.206 241.881 Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl Of Ihe eKpendiluro in 2024 £218.231 related to unreslriGled fu￿5 and £23,650 r8laled lo reslriGled tur￿5. Gov•rnanc• costs 2025 2024 Accountancy ffros Ind*￿nd8nl èxaminérs f89 2,930 525 3,455 2,C145 525 2,570 Tru5tees' remuneratlon Bnd gxpen5 No Iruslees re￿1Vert any remunefalnn during the year. N•t incom# Net income is st8ted after ch?rgingilcreditingl' 2025 2Q24 Profit on di5P05al of tangible fixed a55ets Déprée5ation of ownéd asÈètÉ 11711 10.305 11.537 Employ••s' r•mun•ratlon The monthly 3verage nurnber of persons (including senioT m3nagernenll ern￿￿oYed by the charity during the year wès as follows.. 2025 2024 CharilaOl8 activiti•s The aggresale payroll Gtssts of these persons wère as follows". 2025 2024 Vages and salaries S(Lial securily Oiher ￿nsiOn costs 121,133 3,449 2,317 126,e99 117,OOU 2,485 1,838 121,321 No amployee received emoluments of rnore Ihan £80,000 duriro the yoar. Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl 10 Taxation The rcgisiorcij d)arily is exompl from laxation on inwmc and gjuins. 11 Intsnglble f*xed ?$sets Total Cosl As al 1 May 2024 and 30 April 2025 4,200 Amortisation As at 1 May 2024 8nd 30 April 2025 4,200 N8t book valuo As at 30 Poril 2025 As at 30 April 2024 12 Tangiblo fixod ass•ls Tènant's Impro¥Èmonts Motor Vehlcles Plant and machlnery Office equlpmenl Total Cost As 311 May 2024 Ad¢Jilioi)s Disposals As at 30 Ap￿.1 2025 99,006 31,7U5 31235 7,864 13 2201 4,580 3,768 166,526 11,632 13.2201 99,006 31,705 3S,879 8,￿8 174.938 Dapr•ciation As at 1 May 2024 Eliminated on di3posa15 Charge lor the oar A¥ #1 30 April 2025 21,616 19,592 17.062 3,814 62,084 11.7911 4,951 3,029 1.911 414 70,305 2e.567 22.621 17.132 4,#8 70.598 NEt Ixyok value As al 30 April 2025 As al 30 April 72,439 9.084 18,697 4.120 104.340 77.390 12.113 14 173 766 104.442 Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl 13 Debtors 2025 2024 Trad6 debtors OlhÈr dÉbtors Pretyayments and acLrued income 12,548 1,862 fj,799 21,209 14,852 5,T1e 20,56e 14 Credltors.. Amounts falllng duo wlthSn on& year 2025 2024 Trade creditors Taxatr"on and social séeurity Other creditors and deferred ineume 19,262 1,142 3.847 449 10,052 15,490 436 14,603 34.301 Credllor amoiints lalllng due wlhin one year include$ delerred inc￿me. 2025 2025 DfteTrdxJ inrx)me blf Amount deferred in the year Defe￿ income clf 7,584 11,928 15 P8n81on Bchome D8fln•d contrlbutlon P•nBlon 8eh•mÈ The charity operates a defined contribution pension scheme. The pension cost charge for the period Tepresents [￿nI￿1bUtIons payable by the. rbarity lo the scheme and amoiinled lo £2,317121124_ £1,15361. Contributlong totalling £436 (2024 - £4491 werg pay8bl8 to the scherne at the end of the period and are indudèd in creditors. Pag8 20 Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl 18 Related partlfrs Gontrolling entity The charlly Is CDnlrolled by ihè irustees. Julia Aglionby is part D￿er of some of the Ignd le?5ed to Su5an'5 Farrn CIO. The land 15 leased at a pe?per¢om rent lo the charity wilh no beneficial gain lo the Trustee and leases are reviewed by the IriiJep¥iidviil Cliciir ol Ilie Tiublves. Su£an Aglionby, who founded the charity but is not a Trustee, owns four fields and th6 learning centre from which the ¢harily operates. Susan was reimbLJrsed £473 during the year lor the cost of ele¢tr¢ity in the stsbks. 17 Anatysls of funds At1May 2024 InGoming re¥our¢e$ R•sour¢ expended At 30 April ?025 Transfers O¢$ignot¢d Fynd$ Designated fixed asset reserve 104,442 110.3051 10,203 104,340 General Funds Unrestricted incorne fund 140.423 24?,053 1182.7931 {10.2031 193,460 Restrlcted Fund5 Cumbria Cornrnunlty Foundation Growing Chan9•s Granl Stanwix RPG Em8St Cook Tn)sl Country Lana Association Grant Tooliowl shed Francis scoll Charitable Trust National Lottéry Rèachino CoTrtTrtunitie5 Grant 1U,(itsU 3,500 400 12.000 110,6bUI 16,6511 14001 121.0901 11.065 7,914 9.090 36 145 13S} 11451 11.600 111,60QI 25,536 63,686 125,53SI 176,1081 20,￿6 7,914 265.201 309.739 1269.2081 3￿.734 Page 21 Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl Designated Fixed A&set Reserve- This fund represents ihe valu6 of fiK8d as38tS. Cumbda Cornmunlty FoundaJon- Three year grant to contdbute to costs of the Educatk)n Manager Sal8ry. Growing chanse5 graTrt - Thi5 fund c47¥er5 Sala￿e5 and other expefises relating to the Growing Changes project. Stanwlx RPC- Thlg fvnd covered costs of the bonfire nlght event. Ernest Cook Trust- This grant is lo cover Ihe cA)sl of an ould(￿r Learning Officer and will last three years. Co(Intry Land Asso¢i8tion Qr8nt- This qrant [* fcx Ihe construction of 8 nw ￿rkShop. Tool1¢￿ shed- Donations received to cover the cos16 01 a new tool shed. Francis Scott Charitable Trust . Three year grant to contribute to the eosts of de1bVerl￿ educational progfalTlllleS at Susarp'8 Farm CIO lo youiig people under 21 years old. National Lottery Reaching Comrnunilies Grant- A four year gfdnl lo meet 19Vts ol all core costs of running the ¢du¢alional activili¢s at Susan's Farm CIO. Prior pwiod At1May 2023 In¢oming resource5 Re$our¢es expended At 30 April 2024 Transfers De¥lgnpted Fund¥ Designated fixed asset reserve 100,325 111,5371 15,$54 104,442 Gonoral Fund$ Unrestricted income fund 120.373 229.936 (206.6941 13.1921 14CI.423 R•striGtod Fun(ts Growing Chang¢9 Gfanl Slanwix RPC Cumbria Wildllle Tru$t Delamgre Dairy Foundation Em&6t Cook Tru8t Countrji Land Assoclallon Grant Toollowl shed 13,604 4.000 J36 1,760 6.5391 71,065 11,7601 5,000 12.OCO 15,0001 12,000 5,000 114,9101 9.090 36 14,9641 12,4981 112.462) 2,748 25,844 11051 123.6501 145 20,336 30.604 251.￿2 255,780 {241,8811 265,201 Pag8 22 Su58n'$ Farm CIO Notsy to thg Financial Statoments for thg Year Ended 30 April 2025 . wnlinuecl 18 Net ass&t$ by fund Unre5trscted Funds Re51ricted Funds Total Funds 2025 Total Funds 2024 Tangibl8 assets Current assets Greditor¥'. Anounts fBlliny due within one year N8t ass8ts 104,340 227,781 104,340 235,695 104,442 176,249 7,914 134.3011 297.820 134,301) 3O5.7J4 115.4901 26S.2Q1 7.914 Prior peri￿1 Unrtrsinctad Funds Resirfcted Funds Total Funds 2024 Total Fund6 2023 Tangible assets Currer,t a55et5 Crwjilo￿s Amoviit$ 1811iiig diie wilhiii one year Nel assets 104,442 155,g13 115,4901 104,442 17S,249 115,4901 100,325 158.521 20.336 17,5441 244.865 20,336 265,201 251,302 Pag8 23