``` REGISTERED CHARITY NUMBER: 1183537 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 ``` ## **`FOR`** ## **`VETERANS' GROWTH`** ``` Ashdown Hurrey Auditors Limited Statutory Auditors 20 Havelock Road Hastings East Sussex TN34 1BP ``` ``` VETERANS' GROWTH ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021`** |||**`Page`**|| |---|---|---|---| |**`From the Founder and CEO`**||2|| |**Our Year in Pictures**|3|`to`|5| |**`Report of the Trustees`**|6|`to`|9| |**`Independent Examiner's Report`**||10|| |**`Statement of Financial Activities`**||11|| |**`Balance Sheet`**||12|| |**`Notes to the Financial Statements`**|13|`to`|20| |**`Detailed Statement of Financial Activities`**|21|`to`|22| **VETERANS' GROWTH** ## **OUR YEAR IN PICTURES** Veterans’ Growth client and volunteer Tam with a wall planter generously donated by Platipus Page 1 ``` VETERANS' GROWTH ``` ## **`FROM THE FOUNDER AND CEO FOR THE YEAR ENDED 31 MAY 2021`** ``` 2020/2021hasbeenadifficultyearforallcharitiesandVeterans'Growthisnoexception.Ourfocushasbeenon usingsuchresourcesaswereavailabletoustofindnewwaystoreachandhelpveterans,whileworkingwithinthe limitationsimposed by the COVID-19 pandemic. ``` ``` Onenotableimpactofthepandemicwasthatveteranswerereluctanttoreachout,withmanystrugglingtoadapt toonlineformsofcommunicationsuchasZoomandTeams.Isolationandlackofsocialisationwerekeyissues, affectingboth veterans themselves and their loved ones. For some, a lack of work meant significant economic hardship too. ``` ``` Iamproudthatasanorganisationwewereabletohelpmanyveteransto"heatandeat",providingfoodparcels andsupport with heating costs during this period. We have secured funding to enable us to do the same from January 2022. ``` ``` Despitethesechallenges,theVeterans'Growthteamremainedatthecoalface.ThesitewasmadeasCOVIDsecure aspossibleandwecontinuedtodeliverasmuchface-to-facesupportasthesituationallowed,workingbothwith groupsandone-to-onewithindividualserviceusers.Wealsoworkedonlinewithgroupsandindividualsunableto travel.I amhappy to report that not one veteran was referred to another organisation due to us being unable to help in some way. ``` ``` Thesitehascontinuedtoexpandatpace.Thingsarealwayschanging,anditcanbedifficulttorememberthestate thesitewasinwhenwefirstarrived.Weareworkingconstantlytoimprovethefacilities,andtherearemore changesplanned for the winter of 2021/22. ``` ``` Ourworkforcehasgrownovertheyear,too.Duetothenumberofreferralsreceivedfromotheragenciesand theconsequentriseinnumbers,wenowhavefourpart-timemembersofstaff:twoqualifiedsocial therapeutichorticulturists, one trainee social therapeutic horticulturist and a farmhand. ``` ``` Therehavebeenchangestothemake-upoftheboardoftrusteesoverthelastyear,ascanbeseenonthe CharityCommissionwebsite.IlookforwardtoworkingwithournewboardmemberstoensurethatVeterans'Growth continuesto expand and to support as many veterans as possible for years to come. ``` ``` Fundingwasinshortsupplythroughouttheyear,butweneverthelessgainedinsomeareasandcontinuedto pushforwardwithourplans.Ourresidentialprojecthasbeenparticularlyhardhitbythelackoffundraisingactivitybut we arenowabletoofferaone-bedroomhouseeitherasaccommodationforveteransattendingcoursesandtheir families,or foruseasrespite.Assoonasfundraisingcanbegininearnestandgrantsstarttobecomeavailablefor thissortof projectwewillbepushinghardtogainthefundsweneedtotakeourplansforward.Havingcompleteda firewalk,a superherorunandtheLondonMarathonthisyear,Iplantotakeabackseatin2022butIwillcontinue tosupporteveryone thatgives their time and effort to raise funds for this great charity. ``` ``` AsCEOIamproudofeverythingthathasbeenachievedbyoursmallteaminthelastyear.Itisreallyhearteningto seethechangeintheveteransweworkwith,andtohearfromtheirfriendsandfamilythedifferencetheyseetoo. I amconstantlymonitoringthecostsinvolvedinrunningthecharitytoeliminateunnecessaryexpenditureand ensure thateverything we do spend is delivering maximum impact. ``` ``` IamdelightedtoreportthatwewerenamedNHSSouthEastMentalHealthCharityoftheyearandthatwehave nowsignedtheArmedForcesCovenant.Iamexcitedaboutthefutureandaboutourplansfor2021/22,andIfeel confidentthatwhatwedowillcontinuetohaveapositiveimpactonourveterans.Tofindoutmoreaboutourplans andkeep uptodatewithourprogress,pleasefollowoursocialmediaaccounts.Inthemeantime,thepicturesbelow giveaflavour ofwhat's been going on at Veterans' Growth this year. ``` ``` Jason Stevens, Founder and CEO ``` Page 2 **VETERANS' GROWTH** ## **OUR YEAR IN PICTURES** Top to bottom, L to R: Horticultural therapist Nicky and a veteran with the garlic harvest; Planters generously sponsored by Natural Grower; A team of veterans building a natural hedge barrier; Tam’s impressive pumpkin carving Page 3 **VETERANS' GROWTH** ## **OUR YEAR IN PICTURES** Top to bottom, L to R: A team-building day for NHS Operation Courage; Flowers arranged by veterans; A pavilion designed and built by one of our veterans; One of our veterans with the pumpkin harvest Page 4 **VETERANS' GROWTH** **OUR YEAR IN PICTURES** Top: Veterans’ Growth was named NHS South East Mental Health Charity of the Year 2021 Bottom: Garden furniture generously donated by landscaper and garden designer Fisher Tomlin & Bowyer Page 5 ``` VETERANS' GROWTH ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2021`** ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31May2021. The trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ## **`Our Aim`** ``` Topreserveandprotectthementalhealthandtorelievetheneedsofmilitaryveterans,primarily,butnot exclusively, through the provision of social therapeutic horticulture (STH). ``` ## **`Our Vision`** ``` Wewanteveryveteranfromthetri-servicethathassufferedorissufferingwithmentalhealthissuestohaveaccess to STH and outdoor working, and to receive the best support and outstanding development opportunities. ``` ## **`Our Objectives`** `1. To provide STH to veterans from the tri-service in accordance with individual needs, and to refer on to specialist` `organisations where appropriate.` `2. To make this support available to the many organisations that cannot provide STH themselves.` `3. To provide opportunities for further horticultural training and/or employment in the industry.` ## **`Public benefit`** ``` ThetrusteeshavepaiddueregardtoguidanceissuedbytheCharityCommissionindecidingwhatactivitiesthe charity should undertake. ``` ## **`Frequently Asked Questions`** ## `Q: How do veterans get on to a Veterans' Growth course?` ``` A:VeteransaregenerallyreferredbyathirdpartysuchastheNHSTiLSservice,MartinsOakSurgeryinBattle, East Sussex,theSussexArmedForcesPartnership,andtheSussexArmedForcesNetwork,buttheyarealsowelcome to contact Veterans’ Growth direct. ``` ## `Q: How many employed members of staff do you have?` - `A: At present we have four part-time members of staff. Remuneration will always be considered carefully in the context of the contribution the individual can make to the goals of the charity.` ## `Q: How much money did the charity make this year?` ``` A:Thecharityhasbroughtinincomeofaround£240,000thisyear.Around83%ofthisismadeupofrestricted funds which must be used for specific purposes and within a set timeframe. ``` ## `Q: How much do you have in reserves?` - `A: The charity is still in its infancy and does not have sizable reserves. Currently, our unrestricted reserves stand at around £45,000. We will look to build this up in order to make sure Veterans' Growth is on a sustainable financial footing.` ## `Q: How many veterans did you help during the COVID-19 pandemic?` - `A: We provided assistance worth over £6,000 in food and heating allowances to more than 100 veterans, sent out over 70 grow-and-sow-along parcels, provided seeds to a huge number of veteran allotment-holder (both groups and individuals) around the country and worked face-to-face with more than 60 veterans.` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` The main achievements of Veterans' Growth during 2020/21 were as follows: ``` - `Enhanced the accessibility of the site by installing 300m2 of patio, a concrete ramp and veg pods - accessible raised` - `beds for veg growing.` - `Created a safe, sheltered area where veterans and their families can work if the weather is unkind.` - `Provided food parcels using produce grown by those veterans who were able to attend the site during the pandemic.` - `Provided direct support to veterans with heating or food during the winter of 2020/21.` - `Continued to expand the site with the support and assistance of veterans and volunteers.` - `Organised and held courses for families including in flower arranging, planting hanging baskets, etc.` - `Successfully applied for many small grants which were used to reduce suffering in the veteran community though the` - `hardships of the pandemic.` Page 6 ``` VETERANS' GROWTH ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2021`** ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Theaccountshavebeenpreparedinaccordancewiththeaccountingpoliciessetoutinnote1totheaccounts and complywiththecharity'sgoverningdocument,theCharitiesAct2011andtheStatementofRecommended Practice applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK and Republic of Ireland (FRS102) published on 16 July 2014. ``` ``` Financiallytheorganisationisinreasonablehealth,butthereisaneedtoincreasetheleveloffinancialreservesheld. In accordance with the guidance set out by the Charity Commission, the reserves are held in order to: ``` - `assure continuity of support to those the charity benefits` - `permit any changes needed to be made in an orderly manner, and` - `provide some capacity to launch new projects.` ``` Forthesepurposesthetrusteesaimtoholdmoniesequivalenttosevenmonths'averageexpenditure,overalland within eachofthecharity'sprojects.Thetrusteeswillallocateorretainmoniesforeachoftheprojectstoachievethislevel as funds become available. The trustees will review the actual reserves level annually and reallocate funds accordingly. ``` ## **`Principal funding sources`** ``` TheprincipalsourcesofincomehavebeengrantsawardedtousbytheArmedForcesCovenantFundTrustand The NationalLottery.SmallergrantshavecomefromTheLennoxHenryTrust,TheGreenhallFoundation,TheChalk Hill Trust,ArnoldClark,PremierPolytunnelsLtdandTheSussexFoundation.Thesesourcesofincomehavemostly been restricted,mostdonotcoveranywagesandhavebeenusedtomeettheobjectiveofprovidingSTHtoveteransfrom the tri-service. ``` ``` Wealsorelyonmanyvolunteersandfundraiserstoprovidedonationstothecharityandarrangefundraisingevents. The income is recognised by Veterans' Growth and thank you letters or social media mentions are actioned ASAP. ``` ## **`FUTURE PLANS`** ``` The charity has identified the following key targets for the coming year: ``` - `To continue to work to make the charity's existing range of activities available to veterans from the tri-service` - `nationally by making the property residential, and to secure funding for this as soon as possible.` - `To stay true to our purpose as a veterans-led charity at all times.` - `To boost our fundraising activities.` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,aconstitutionandconstitutesaCharitable Incorporated Organisation. ``` ## **`Recruitment and appointment of new trustees`** ``` Veterans’Growthhasaformaltrusteerecruitmentpolicyandprocess.Newtrusteepositionscanbeadvertised by Veterans’Growthornominationsfromthemanagementteamandtheexistingtrusteescanbeput forward. Appointmentswilltakeintoaccountanyspecialistskillsneededbythecharity.Thosenominatedandappointed are formally elected at the first AGM following appointment. ``` ## **`Organisation and key responsibilities`** ``` Thecharityisadministeredbynofewerthanthreetrustees.Thecommitteemeetsatleastthreetimesduringthe year, either face-to-face or via video link. Two trustees must be present for a decision to be made. ``` ``` TofacilitateeffectiverunningofVeterans'Growththeseniormanagementteamhasdelegatedauthority,within the termsapprovedbythetrustees,foroperationalmattersincludingfinanceandemployment.Themanagementteam keeps the trustees abreast of developments verbally and via email. ``` ``` Theremunerationoftheseniorofficialsofthecharityisdecidedandagreedunanimouslybytheboardof trustees. Remunerationwillreflecttheindividual'slevelofserviceanddedication,aswellasthecontributiontheymake to promoting the objectives of the charity as outlined in this report. ``` Page 7 ``` VETERANS' GROWTH ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2021`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Induction and training of new trustees`** ``` Trusteesareencouragedtoattendappropriateexternaltrainingeventswherethesewillfacilitatetheundertakingof their role. ``` ``` Newtrusteesattendanorientationmeetingtobriefthemontheirlegalobligationsundercharityandcompanylaw, the contentoftheMemorandumandArticlesofAssociation,thevariouscommitteesanddecision-makingprocesses, the financialplanandrecentfinancialperformanceofthecharity.Duringthisinitialorientationprogrammetheymeet key employees and other trustees. ``` ## **`Risk management`** ``` Thetrusteeshaveassessedthemajorriskstowhichthecharityisexposedandaresatisfiedthatsystemsareinplace to mitigate exposure. The review process comprises: ``` ``` -ongoing review of the risks the charity may face ``` ``` -establishmentofsystemsandprocedurestomitigatetherisksidentified,andtheimplementationof procedures designed to minimise the potential impact on the charity should those risks materialise. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`** ``` 1183537 ``` ## **`Principal address`** ``` Rocks Farm Oast Cottage Lane Westfield Hastings East Sussex TN35 4RS ``` ## **`Trustees`** ``` L Bell C Vokins L Thompson (resigned 26.8.21) N O'Shaughnessy (appointed 26.8.21) ``` ``` Theseniorofficialtowhomtheday-to-daymanagementofthecharityisdelegatedbythetrusteesisJason Stevens, CEO. ``` ## **`Independent Examiner`** ``` Mr S R Sampson FCA FCIE DChA Ashdown Hurrey Auditors Limited Statutory Auditors 20 Havelock Road Hastings East Sussex TN34 1BP ``` ## **`Solicitors`** ``` Lawson Lewis Blakers 11 Hyde Gardens Eastbourne East Sussex BN21 4PP ``` Page 8 ``` VETERANS' GROWTH ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2021`** ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Bank`** ``` HSBC 4 Robertson Street Hastings East Sussex TN34 1HW ``` ## **`Chief Executive Officer`** ``` Jason Stevens ``` `Approved by order of the board of trustees on` 14 March 2022 `and signed on its behalf by:` C Vokins - `Trustee` Page 9 ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VETERANS' GROWTH ``` ## **`Independent examiner's report to the trustees of Veterans' Growth`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsofVeterans'Growth(theTrust)fortheyear ended 31 May 2021. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the requirements of the Charities Act 2011 ('the Act'). ``` ``` IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActandincarrying out myexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommissionundersection145(5)(b)of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust 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.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Mr S R Sampson FCA FCIE DChA Ashdown Hurrey Auditors Limited Statutory Auditors 20 Havelock Road Hastings East Sussex TN34 1BP ``` `Date:` 25 March 2022 Page 10 **VETERANS' GROWTH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2021** |`Unrestricted`
`fund`
`Notes`
`£`
`3`
`33,151`
`4`
`6,587`
**INCOME AND ENDOWMENTS FROM**
`Donations and legacies`
`Other trading activities`
`Other income`
`5`
`-`
**Total**
`39,738`
**EXPENDITURE ON**
`Raising funds`
`114`
`6`
**Charitable activities**
`Charitable activities`
`8,782`
`Other`
`7`
`402`
**Total**
`9,298`
`30,440`
`14`
`(1,551)`
`28,889`
**NET INCOME**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
`16,206`
**TOTAL FUNDS CARRIED FORWARD**
`45,095`|`Year Ended`
`31.5.21`
`Restricted`
`Total`
`funds`
`funds`
`£`
`£`
`196,249`
`229,400`
`4,209`
`10,796`
`-`
`-`
`200,458`
`240,196`
`1,011`
`1,125`
`115,347`
`124,129`
`3,161`
`3,563`
`119,519`
`128,817`
`80,939`
`111,379`
`1,551`
`-`
`82,490`
`111,379`
`39,462`
`55,668`
`121,952`
`167,047`|`Period`
`22.5.19`
`to`
`31.5.20`
`Total`
`funds`
`£`
`99,045`
`4,020`
`5,940`| |---|---|---| |||`109,005`
`2,442`
`47,231`
`3,664`| |||`53,337`| |||`55,668`
`-`| |||`55,668`
`-`| |||`55,668`| ``` The notes form part of these financial statements ``` Page 11 **VETERANS' GROWTH** ## **BALANCE SHEET 31 MAY 2021** |`Unrestricted`
`fund`
`Notes`
`£`
`12`
`1,500`
**CURRENT ASSETS**
`Debtors`
`Cash at bank`
`45,361`
`46,861`
**CREDITORS**
`Amounts falling due within one year`
`13`
`(1,769)`
**NET CURRENT ASSETS**
`45,092`
**TOTAL ASSETS LESS CURRENT LIABILITIES**
`45,092`
`45,092`
`14`
**NET ASSETS**
**FUNDS**
`Unrestricted funds`
`Restricted funds`
**TOTAL FUNDS**|`Restricted`
`funds`
`£`
`2,024`
`119,931`
`121,955`
`-`
`121,955`
`121,955`
`121,955`|`31.5.21`
`Total`
`funds`
`£`
`3,524`
`165,292`
`168,816`
`(1,769)`
`167,047`
`167,047`
`167,047`
`45,092`
`121,955`
`167,047`|`31.5.20`
`Total`
`funds`
`£`
`1,024`
`57,444`
`58,468`
`(2,800)`
`55,668`
`55,668`
`55,668`
`16,206`
`39,462`
`55,668`| |---|---|---|---| `The financial statements were approved by the Board of Trustees and authorised for issue on` 14 March 2022 `and were signed on its behalf by:` C Vokins - `Trustee` L Bell - `Trustee` ``` The notes form part of these financial statements ``` Page 12 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021** ## **1. STATUTORY INFORMATION** ``` Veterans'Growthisacharitableincorporatedorganisation,registeredinEnglandandWales.The charity's registered number and principle address can be found in the Report of the Trustees. ``` ## **2. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public `benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.` ``` Inpreparingthefinancialstatements,thetrusteesarerequiredtomakeanassessmentoftheabilityof thecharitytocontinueasagoingconcern.Thetrusteeshavepreparedacashflowforecastandbudgets for thecharityandagainstthebackdropoftheCOVID-19Pandemica"reversestress"testhasbeen appliedto theforecasts,seekingtoestablishthelevelofliquidityheadroomthecharityisexpectedtohave duringthe12 monthgoing concern period. ``` ``` Onthebasisoftheseforecastsandthefactthatthecharityhassubstantialnetcurrentassetsandnetassets, thetrusteesareconfidentthatthecharityhasadequateresourcestocontinueinoperationalexistenceandto meetitsliabilitiesastheyfallduefortheforeseeablefuture.Asaresultoftheabove,thetrusteeshave concluded thatit remains appropriate to adopt a going concern basis of preparation in these financial statements. ``` ## **Income** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds, isprobable that the income will be received and the amount can be measured reliably. ``` ## **Expenditure** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting thecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonan accrualsbasisand hasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory. Wherecostscannotbe directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitieson abasisconsistentwiththeuse ofresources. ``` ## **Taxation** ``` The charity is exempt from tax on its charitable activities. ``` ## **Fund accounting** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictionsarise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **3. DONATIONS AND LEGACIES** |`Year Ended`
`31.5.21`
`£`
`Donations`
`28,400`
`Grants`
`201,000`
`229,400`|`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`22,237`
`76,808`| |---|---| ||`99,045`| ``` continued... ``` Page 13 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **3. DONATIONS AND LEGACIES - continued** ``` Grants received, included in the above, are as follows: ``` |`Year Ended`
`31.5.21`
`£`
`Other grants`
`201,000`
**4.**
**OTHER TRADING ACTIVITIES**
`Year Ended`
`31.5.21`
`£`
`Fundraising`
`10,796`
**5.**
**OTHER INCOME**
`Year Ended`
`31.5.21`
`£`
`Insurance claim`
`-`
`Funds pre-charity status`
`-`
`-`
**6.**
**CHARITABLE ACTIVITIES COSTS**
`Charitable activities`
**7.**
**OTHER**
`Year Ended`
`31.5.21`
`£`
`Professional fees`
`99`
`Meetings and networking events`
`488`
`Support costs`
`2,976`
`3,563`|`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`76,808`|`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`76,808`| |---|---|---| ||`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`4,020`
`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`4,035`
`1,905`
`5,940`
`Direct`
`Costs`
`£`
`124,129`|| ||`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`1,744`
`114`
`1,806`
`3,664`|| |||`3,664`| ``` continued... ``` Page 14 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **8. INDEPENDENT EXAMINERS' REMUNERATION** |**INDEPENDENT EXAMINERS' REMUNERATION**||| |---|---|---| ||`31.05.21`|`31.05.20`| ||`£`|`£`| |||| |`Fees payable to the charity's independent examiners for the independent examination`
`of the charity's financial statements`|`2,520`|`1,800`| |`Fees payable to the charity's independent examiners for payroll processing`|`456`|`-`| |||| ||`2,976`|`1,800`| |||| ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 May 2021 nor for the period ended 31 May 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 May 2021 nor for the period ended 31 May 2020. ## **10. STAFF COSTS** |**STAFF COSTS**|**STAFF COSTS**||| |---|---|---|---| |`Year Ended`
`31.5.21`
`£`
`Wages and salaries`
`36,110`
`36,110`
`The average monthly number of employees during the year was as follows:`
`Year Ended`
`31.5.21`
`Charitable activities`
`2`
`No employees received emoluments in excess of £60,000.`||`Period`
`22.5.19`
`to`
`31.5.20`
`£`
`1,000`
`1,000`
`Period`
`22.5.19`
`to`
`31.5.20`
`1`|| ||||`£`| ||||| |`Total employee benefits for key management personnel`|||`23,750`| ||||| |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
`Unrestricted`
`fund`
`£`
`22,738`
`4,020`
`5,940`
`32,698`
**INCOME AND ENDOWMENTS FROM**
`Donations and legacies`
`Other trading activities`
`Other income`
**Total**
**EXPENDITURE ON**
`Raising funds`
`1,494`|`Restricted`
`funds`
`£`
`76,307`
`-`
`-`
`76,307`
`948`||`Total`
`funds`
`£`
`99,045`
`4,020`
`5,940`
`109,005`
`2,442`| ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ``` continued... ``` Page 15 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |||`Unrestricted`|`Restricted`|`Total`| |---|---|---|---|---| |||`fund`|`funds`|`funds`| |||`£`|`£`|`£`| ||**Charitable activities**|||| ||`Charitable activities`|`12,249`|`34,982`|`47,231`| ||`Other`|`1,920`|`1,744`|`3,664`| ||**Total**|`15,663`|`37,674`|`53,337`| ||**NET INCOME**|`17,035`|`38,633`|`55,668`| ||**Transfers between funds**|`(828)`|`828`|`-`| ||**Net movement in funds**|`16,207`|`39,461`|`55,668`| ||**TOTAL FUNDS CARRIED FORWARD**|`16,207`|`39,461`|`55,668`| |**12.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||`31.5.21`|`31.5.20`| ||||`£`|`£`| ||`Other debtors`||`1,500`|`-`| ||`Prepayments`||`2,024`|`1,024`| ||||`3,524`|`1,024`| |**13.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||`31.5.21`|`31.5.20`| ||||`£`|`£`| ||`Social security and other taxes`||`(392)`|`25`| ||`Other creditors`||`-`|`975`| ||`Accrued expenses`||`2,161`|`1,800`| ||||`1,769`|`2,800`| ``` continued... ``` Page 16 ## **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **14. MOVEMENT IN FUNDS** |**Unrestricted funds**
`General fund`
**Restricted funds**
`Sussex Community Fund`
`Armed Forces Covenant - Positive Pathways`
`Armed Forces Covenant - Local Grant`
`PCC for Sussex`
`National Lottery`
`The Cloth Workers`
`Peoples Postcode Lottery`
`Screwfix Foundation`
`Nineveh Trust`
`Comic Relief`
`Greenhall Foundation`
`Sussex Community Foundation - COVID`
`Lennox Hannay`
`National Lottery - COVID-19`
`The Veterans Foundation`
`The Sussex Community Trust`
`Sussex Giving`
`Cowdfunder - Orchard`
`Crowdfunder - Family Days`
**TOTAL FUNDS**|`At 1.6.20`
`£`
`16,206`
`648`
`17,722`
`13,810`
`50`
`7,232`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`39,462`
`55,668`|`Net`
`movement`
`in funds`
`£`
`30,437`
`(648)`
`3,960`
`(12,400)`
`-`
`(7,308)`
`(331)`
`8,401`
`3,321`
`702`
`232`
`(296)`
`(463)`
`3,213`
`49,048`
`20,000`
`10,000`
`(385)`
`3,693`
`203`
`80,942`
`111,379`|`Transfers`
`between`
`funds`
`£`
`(1,551)`
`-`
`-`
`-`
`-`
`76`
`331`
`-`
`-`
`-`
`-`
`296`
`463`
`-`
`-`
`-`
`-`
`385`
`-`
`-`
`1,551`
`-`|`At`
`31.5.21`
`£`
`45,092`
`-`
`21,682`
`1,410`
`50`
`-`
`-`
`8,401`
`3,321`
`702`
`232`
`-`
`-`
`3,213`
`49,048`
`20,000`
`10,000`
`-`
`3,693`
`203`| |---|---|---|---|---| |||||`121,955`| |||||`167,047`| ``` continued... ``` Page 17 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **14. MOVEMENT IN FUNDS - continued** ``` Net movement in funds, included in the above are as follows: ``` |**Unrestricted funds**
`General fund`
**Restricted funds**
`Sussex Community Fund`
`Armed Forces Covenant - Positive Pathways`
`Armed Forces Covenant - Local Grant`
`National Lottery`
`The Cloth Workers`
`Peoples Postcode Lottery`
`Screwfix Foundation`
`Nineveh Trust`
`East Sussex General`
`Comic Relief`
`Greenhall Foundation`
`Sussex Community Foundation - COVID`
`Lennox Hannay`
`National Lottery - COVID-19`
`The Veterans Foundation`
`The Sussex Community Trust`
`Sussex Giving`
`Cowdfunder - Orchard`
`Crowdfunder - Family Days`
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
`General fund`
**Restricted funds**
`Silver Lady`
`Sussex Community Fund`
`Round Table`
`Armed Forces Covenant - Positive Pathways`
`Armed Forces Covenant - Local Grant`
`PCC for Sussex`
`National Lottery`
**TOTAL FUNDS**|`Incoming`
`resources`
`£`
`39,738`
`-`
`35,000`
`-`
`(1)`
`10,000`
`19,500`
`5,000`
`2,500`
`750`
`3,999`
`5,000`
`5,000`
`5,000`
`69,501`
`20,000`
`10,000`
`4,999`
`3,693`
`517`
`200,458`
`240,196`
`Net`
`movement`
`in funds`
`£`
`17,034`
`(30)`
`619`
`(769)`
`17,722`
`13,810`
`50`
`7,232`
`38,634`
`55,668`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(9,301)`
`30,437`
`(648)`
`(648)`
`(31,040)`
`3,960`
`(12,400)`
`(12,400)`
`(7,307)`
`(7,308)`
`(10,331)`
`(331)`
`(11,099)`
`8,401`
`(1,679)`
`3,321`
`(1,798)`
`702`
`(750)`
`-`
`(3,767)`
`232`
`(5,296)`
`(296)`
`(5,463)`
`(463)`
`(1,787)`
`3,213`
`(20,453)`
`49,048`
`-`
`20,000`
`-`
`10,000`
`(5,384)`
`(385)`
`-`
`3,693`
`(314)`
`203`
`(119,516)`
`80,942`
`(128,817)`
`111,379`
`Transfers`
`between`
`At`
`funds`
`31.5.20`
`£`
`£`
`(828)`
`16,206`
`30`
`-`
`29`
`648`
`769`
`-`
`-`
`17,722`
`-`
`13,810`
`-`
`50`
`-`
`7,232`
`828`
`39,462`
`-`
`55,668`| |---|---|---| ``` continued... ``` Page 18 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **14. MOVEMENT IN FUNDS - continued** ``` Comparative net movement in funds, included in the above are as follows: ``` |**Unrestricted funds**
`General fund`
**Restricted funds**
`Silver Lady`
`Sussex Community Fund`
`Round Table`
`Armed Forces Covenant - Positive Pathways`
`Armed Forces Covenant - Local Grant`
`PCC for Sussex`
`National Lottery`
**TOTAL FUNDS**|`Incoming`
`resources`
`£`
`32,698`
`5,000`
`5,000`
`2,557`
`33,250`
`20,000`
`500`
`10,000`
`76,307`
`109,005`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(15,664)`
`17,034`
`(5,030)`
`(30)`
`(4,381)`
`619`
`(3,326)`
`(769)`
`(15,528)`
`17,722`
`(6,190)`
`13,810`
`(450)`
`50`
`(2,768)`
`7,232`
`(37,673)`
`38,634`
`(53,337)`
`55,668`| |---|---|---| ## **Description of Restricted Funds** ``` SussexCommunityFund:Toensurethecharitycouldmakegooduseofthesite,formaterials,PPE,transport and management costs. ``` ``` ArmedForcesCovenant-PositivePathways:FundingtowardstheSocialandTherapeuticHorticulture(STH) for Veterans project. ``` ``` ArmedForcesCovenant-LocalGrant:FundingtowardstheSocialTherapeuticHorticulture(STH)Pilot Scheme project. ``` ``` PCC for Sussex: Funding not to be used for core costs. ``` ``` National Lottery: Funding towards the production of a wildlife area on site. ``` ``` The Cloth Workers: Grant towards making the site accessible. ``` ``` Peoples Postcode Lottery: Grant towards staff salaries. ``` ``` Screwfix Foundation: Funding towards building refurbishment costs. ``` ``` Nineveh Trust: Grant for staff costs. ``` ``` East Sussex General: Grant for running costs. ``` ``` Comic Relief: Funding for the big barn project, making the barn safe for use during courses. ``` ``` Greenhall Foundation: Funding towards the big barn project and accessibility. ``` ``` SussexCommunityFoundation-COVID:FundingtoensurethecharitycouldmeetthewinterCOVID support needed within the group of veterans using the service. ``` ``` LennoxHannay:FundingfortheupkeepofVeterans'Growthtoensurethecharitycontinuestocomply with health and safety laws. ``` ``` National Lottery - COVID-19: Funding for staff costs. ``` ``` The Veterans Foundation: Funding to cover staff costs. ``` ``` The Sussex Community Trust: Grant funding to assist with family days coming out of COVID and beyond. ``` ``` continued... ``` Page 19 **VETERANS' GROWTH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021** ## **14. MOVEMENT IN FUNDS - continued** ``` Sussex Giving: Funding assistance during COVID. ``` ``` Crowdfunder - Orchard: Online campaign towards orchard plants in January 2022. ``` ``` Crowdfunder - Family Days: Funding campaign towards the cost of family days throughout the year. ``` ## **15. RELATED PARTY DISCLOSURES** ``` There were no related party transactions for the year ended 31 May 2021. ``` Page 20