Charity number: 1190911
MARKET FIELD FARM
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

MARKEf FIELD FARM
CONTENTS
Page
Reference and administrative detalls of the CIO. its Trustees and adviser$
Trustees. report
Independent examlner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-24

MARKET FIELD FARM
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CIO, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Joanna Matthias, Trustee
Gary Smith OBE, Chair
Jennifer Fiudkins, Trustee
David Bullock, Trustee
Miranda Andras, Trustee
Elizabeth Kuli, Trustee
Charity registered
number
1190911
Principal office
Market Field School
School Road
Elmstead
Colchesler
Essex
G07 7ET
Accountants
Griffin Chapman
Chartered Accounianls
4 & 5 The Cedars
Apex 12
Old Ipswich Road
Colchesler
Essex
C07 7QR
Page 1

MARKET FIELD FARM
TRUSTEES. REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2025
The Trustees present their annual report together with the financial stalernents of the Charitable Incorporated
Organisation I'CIO'I Market Field Farm lor the year from 1 March 2024 to 28 February 2025.
Objectives and aetivitles
a. Policies and objeetlves
The objects ol the CIO are the relief ol need of young people with aulislic condition and learning dillicullies, in
particular by providing resources, education, work experience and employment opportuni118s and lacililies.
In setting objectives and planning for aclivilies, the Trustees have given due consideration lo general guidance
published by the Charity Commission relating lo public benefit, including the guidance 'Public benefit: running a
charity IPB21'
b. Strategles lor achlevlng objectives
To support 2 long term strategy ol the charity, we have created a conservation enterprise, working with local
organisalions, charities and landowners. The enterprise is called Market Field Grows and continues lo be run as
part ol the charity. This enterprise has created part time jobs lor people with learning disabilities, aulisrn and
ADHD.
Our long term strategy is lo establish a 'farm' sile and our partnership with a local developer aims lo achieve this.
We now have a working maslerplan, which was submitted lor consideration lo the Planning Officers al Tendring
District CoLJncil in December 2022. A special committee meeting was held on 27 November 2023, and a
resolution for approval was passed lor the proposed site. This is a significant slep towards obtaining the farm
site lo further our charity objectives.
The Highways departmènt has approved the necessary plans. We are now in the process ol revising the plans in
line with currently presenting opporlunilies and political developments.
c. Activities undertaken to achieve objeclives
Our intention has always been lo work with gxisling businesses. However, we soon realised the opportunities
were not Ihere and we needed lo break down the preconceptions aroLJnd young people with disabilities. We
therefore decided lo become an employer ourselves to support the long term strategy ol the charity.
Research led us towards the green economy and helping businesses achieve their nel zero targets. It was then
we created a conservation and gardening enterprise. We now work with local organisalions, councils, charities
and landowners. The enterprise is called Market Field Grows and is run as part ol the charity.
Our first major project saw us working with The Big Green Internel lo plant 46,024 trees between December
2021 and April 2022. Since Ihis lime, we conlinLJe lo grow and expand our reach across north east Essex.
Our plans lor diversilicalion have proceeded due lo a major grant being made available by Tendring District
Council. With this funding, we have purchased a Barista Van which will lead lo greater opportunities lor work lor
a more diverse group ol young people.
Page 2

MARKET FIELD FARM
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 28 FEBRUARY 2025
Objectives and activities (continued)
d. Main activities undertaken to further the CIO'S purposes for the publi¢ benefit
Continue with PR and marketing activities lo raise awareness of our charity and the challenges we aim lo
combat.
Building a strong network ol organisalions and businesses upon which we have formed strong collatx)rations
lor partnership al our new sile.
Worked with other organisalions lo sel up diseLJssion groLJP8 lor young people with SEN and autism, with
their families and carers.
Secured fLJrther contracts with local businesses for work, oijtside of the traditional planting season.
Working with the Planning team al Tendring District Council lo support our current planning application.
The diversilicalion into barista training.
Employment ol a new part-lime Bid Writer lo help pursue and prepare funding appli¢alions. Following an
organisalional reshullle alter CEO Naomi Andrews left Market Field Farm lo pursue new opportunitiès within
the charity sector, the ollice team identified a gap in capacity lor funding applications and acted quickly lo
address this before facing potential financial shortfalls. A successful application lo the Essex Community
Foundation allowed the team lo create and recruit lor a new Bid Writer position. The grant enabled Market
Field Farm lo introduce a team member lo this part-time fundraising role, signilicanlly increasing the ability lo
identify and apply lor funding opportunities. This addition has slrenglhened the charity's overall r&silience
and allowed the rest of the small office team lo focus more elleclively on their core responsibilities. Since
beginning the role in October 2024, following recruilmenl and onboarding, Amy has been responsible lor
managing the organisalion's funding bids and supporting the continued growth of the Market Field Grows
project.
Achlevements and performance
a. Maln achlevements of the CIO
Working alongside the Essex Wildlife Trust al Abboll's Hall carrying out Irge planting Sheep's wool mulching.
The purchase ol a barista van which has been ulilised at different sites lo provide relreshmenis to local
businesses.
Spring SUDS Project - In a project funded by The Tree Council and Network Rail, the team planted a willow
tree line and filled in a sparse existing Hedgerow along the field's boundaries. This planting scheme was
designed lo add maximum benefit lo the fields many users by acting as a Sustainable Urban Drainage
System ISUDSI, with the hope that flooding on the field will b& redLJced over the Winter, alongside adding
benefit lo local wildlife and increasing biodiversity. The Grows 12am planted a line ol Goal and Purple Willow
tree whips alongside the sports pitches lo act as the natural Sustainable Urban Drainagè System ISUDSI. In
addition, they also Inlerplanled a further 1500 Hawthorn plants within the patchy hedgerow al the boundaries
of the field on the North and South side, adding to the current mix ol Blackthorn and Hawthorn, with the aim
of increasing security lo the sile and providing an improved wildlife corridor around the sile's perimeter. To
protect the young trees, canes and biodegradable spirals were applied alongside 23 cubic melres ol natural
mulch. The field is used during term lime by Market Fields School, a school lor pupils with Special
Educational Needs that is part ol the Hope Learning Community, with which our charity is allilialed. Outside
ot school hours it serves as an essential green space lor the wider community, hosting a local loolball leam,
disability sports teams and members ol the public as an open green space. As the early summer was
exceptionally hol and dry, our team worked within their planned allercare schedule lo reduce the weather
presented lo the young plants. We have had a wondertul positive community engagement outcome in
response lo the planting being completed. and the project has provided a valuable learning and training
opportunity lor our team. We will add further updates lo the project's development lo our website as the
Page 3

MARKET FIELD FARM
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 28 FEBRUARY 2025
Achievements and perfomiance (continued)
team complete the planned project aftercare and maintenance.
Maintaining a steady income lo cover salaries and running costs.
Developing a network of potential partners and organisalions with which lo collaborate and generate further
employment in our next year.
Flnancial review
a. Going concern
The Trustees have a reasonable expectation that the CIO has adequate resources lo continue in op8ralional
existence lor the foreseeable lulure. Overheads have been reduced lo ensure the charity has sullicienl reserves
to deal with Iluclualions in levels ol work available. The Trustees continue to adopt the going concern basis in
preparing the financial statements. Further details regarding the adoption of the going concern basis can be
found in the accounting policies.
b. Reserves pollcy
ReseNes are retained by the charity in order lo carry out repairs on the truck or general equiprnent used for the
projects. Reserves would also be required for new equipment such as water tanks and lawn mowers.
Generally, the Trustees aim lo have £3,500 in cash reserves. This sum would cover any unforeseen costs.
c. Financial activities
At the end ol the financial year the charity had increased cash reserves tolalling £16,299, compared lo the
previous year of £1,095. The charity has fixed assets lotalling £22,835, being vans used lor Market Grows
projects which were funded by grants received in previous year. Current liabilitiès tolalled £1,98512024.' £5,746),
which was comprised ol day lo day operational costs oulslanding. The nei assets of the charity al the year end
lolalled £44,155, compared lo £15,214 al the previous year end.
Restricted funds held by the charity as al 29 February 2025 lotalled £22,36612024= £8.4481. These funds are
detailed further wilhin the Slalemenl ol Funds notes.
Structure, governance and management
a. Constltutlon
Market Field Farm is a registered charity, number 1190911, and is constituted under a Foundation CIO
Conslitulion.
Pag& 4

MARKET FIELD FARM
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 28 FEBRUARY 2025
Structure, governance and management (continued}
b. Methods of appointment or election of Trustees
The management of the CIO is the responsibility ol the Trustees who are elected and co-opted under the terms
ol the Clo Conslilulion.
There musl be al least three Trustees al any lime and the maximum number ol Trustees is twelve. Every
Trustee musl be appointed lor a term ol three years by a resolution passed al a properly convened meeting ol
the Trustees.
In selecling individua15 lor appointment as Trustees, they musl have regard to the skills, knowledge and
experience needed for the effective adminislralion ol the CIO.
Members. liablllty
11 the CIO is wound up, the members ol the CIO have no liability lo contribute to ils assets and no personal
responsibility lor settling ils debis or liabilities.
Statement of Trustee$, responsibilities
The Trustees are responsible lor preparing the Trustees, report and the financial stalernenls in accordance with
applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting
Praclicel.
The law applicable to charities in England & Wales requires the Trustees lo propare financial statements lor
each financial which give a true and lair view ol the slate ol allairs ol the CIO and of ils incoming resources and
application ol resources, including ils income and expenditure, lor that period. In preparing these financial
statements, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles ol the Charities SORP IFRS 1021.,
make judgements and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explainod in the tinancial slalements.,
prepare the financial slalemenls on the going concern basis unless il is inappropriate to presume that the
CIO will continue in business.
The Trustees are responsible lor keeping adequate accounting records that are sullicient lo show and explain
the CIO'S transactions and disclose with reasonable accuracy at any lime the financial position ol the CIO and
enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charity IAccounls
and Reporlsl Regulations 2008 and the provisions ol the CIO Conslitulion. They are also responsible lor
safeguarding the assets ol the CIO and hence lor taking reasonable steps lor the prevèntion and detection ol
fraud and other irregularities.
Approved by order o
mbers of the board ol Trustees and signed on their behalf by..
Ga
Ch
Date..
E////>
Page 5

MARKET FIELD FARM
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2025
Independent examiner's report lo thg Trustees of Market Field Farm {'the CIO.)
I report lo the charity Trustees on my examination ol the accounts ol the CIO lor the year ended 28 February
2025.
Responsibllltles and basis of report
As the Trustees ol the CIO you are responsible lor the preparation of the accounts in accordance with the
requirements ol the Charities Act 2011 I'the 2011 Acl'l.
I report in respect of my examination ol the CIO'S accounts carried out under section 145 01 the 2011 Act and in
carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 1451511bl ol the 2011 Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my allenlion in connection with the
examination giving me cause lo believe that in any mat8rial respect..
accounting records were not kept in respect ol the CIO as required by section 130 01 the 2011 Act: or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and conlenl ol
accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and lair, view which is not a matter considered as part ol an independent
examination.
I have no concerns and have come across no other matters in connection wrfth the examination lo which
attention should be drawn in this report in order to enable a proper understanding ol the accounts lo be reached.
The CIO has received bookkeeping support from Griffin Chapman in the year. I have applied FRC'S Revised
Ethical Standard.
Page 6

MARKET FIELD FARM
INDEPENDENT EXAMINER'S REPORT (CONTINUED}
FOR THE YEAR ENDED 28 FEBRUARY 2025
This reF)Ort is made solely lo the CIO'S Trustees, as a body, in accordance with Part 4 01 the Charities (Accounts
and Fleportsl Flegulalions 20a8. My work has been undertaken so that I might stale lo the CIO'S TruslÈes those
matters l am required lo stale lo them in an Independgnt examiner's report and lor no other purpose. To the
fullest extent permilled by law, I do not accept or assume responsibility lo anyone other than the CIO and the
CIO'S Trustees as a body, for my work or lor this rgport.
Signed..
Mr Thomas Maddocks
Dated:
Zo'L5 .
FCA FMAAT
Grlflln Chapman
Chartered Accounlanls
4 8 5 The Cedars
Apex 12
Old Ipswich Road
Colchesler
Essex
C07 70R
Page 7

MARKET FIELD FARM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 28 FEBRUARY 2025
Unrestricted
lunds
2025
Restricted
funds
2025
Total
funds
2025
Total
lunds
2024
Note
Income from..
Donations and grants
Charitable activities
7,938
18.721
57,773
65,711
18.721
28,804
42,818
Total income
26,659
57,773
84,432
71,622
Expenditure on:
Charitable activities
30.836
24,655
55,491
94,321
Total expendlture
30,836
24,655
55,491
94,321
Net {expenditure}lincome
Transfers between funds
14,1771
19,200
33,118
{19,200)
28,941
{22,699)
15
Net movement in funds
15,023
13.918
28,941
(22,699)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
6,766
15.023
8,448
13,918
15,214
28.941
37,915
(22,699)
Total funds carried forward
21,789
22,366
44,155
15,214
Tho Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 10 24 form part ol these financial slalements.
Page 8

MARKET FIELD FARM
BALANCE SHEET
AS AT 28 FEBRUARY 2025
28 February
2025
29 February
2024
Note
Fixed assets
Tangible assets
22,835
75,887
22,835
15,887
Current assets
Debtors
Cash al bank and in hand
7,006
16,299
3.978
1.095
23,305
5,073
Current Ilabllltles
Creditors.. amounts falling due within one
year
13
{1,985)
(5, 746)
Net current assets I liabllitles
21,320
(673)
Total a$sets less Current Ilabllllles
44,155
15.214
Net assets excluding pension asset
44,155
15,214
Total net assets
44,155
15,214
Charity funds
Restricted funds
Unreslricled funds
15
22,366
21.789
8,448
6,766
Total funds
44,155
15,214
The financial
statements
were
approved
and
aulhorised lor issue by the Trustees on
and signed on their behalf by..
aryls
Chai
ith OBE
The notes on pages 10 to 24 form part ol these financial slalements.
Page 9

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
General information
Market Field Farm is a registered Charitable Incorporated Organisalion ICIOI which is incorporated in
England and Wales. The principal office is Market Field School, School Road, Elrnslead, Colchesler,
Essex, C07 7ET. The registered number ol the charity is 1190911.
The object ol the CIO is lo help young adults with learning disabilities, autism andlor ADHD access
meaningful employment. The CIO works with local people, companies and parish councils lo conserve
natural habilals, create wildlife-Iriend5y gardens and help maintain public spaces with conservation and
nature in mind. The CIO gives young people with learning disabilities a stepping stone into work.
Accountlng policies
2.1 Basis of preparallon of tinancial statements
The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Statement ol Recommended Practice applicab5e lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic ol Ireland IFRS 1021 lelleclive 1 January 20191, the Financial Fieporting Standard
applicable in the UK and Republic of Ireland IFFIS 1021 and the Charities Act 2011.
The financial slalements have been prepared lo give a 'lrue and lair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only lo the &xlenl required lo provide a 'lrue
and lair, view. This deparlure has involved following the Charities SOFiP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended
Practic8 ellective from 1 April 2005 which has since been withdrawn.
Market Field Farm meets the definition ol a public benefit enlily under FFiS 102. Assets and liabilities
are initially recognised al historical cost or transaction value unless otherwise stated in the relevant
accounting policy.
2.2 Going concern
The Trustees consider that there are no material uncertainties about the Charitable Incorporated
Organisalion's ability lo continue as a going concern. They have considered the financial lorècasls lor
a period ol al least 12 months from the dale these financial statements were approved, and believe
the charity will have sullicienl reserves.
2.3 Income
All income is recognised once the CIO has enlillemenl lo the income, il is probable that the income
will be received and the amount ol income receivable can be measured reliably.
Grants are included in the Sialement ol financial activities on a receivable basis. The balance ol
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance ol ènlitlemenl ol receipt, ils
recognition is deferred and included in creditors as deferred incorne. Where enlillemenl occurs
before income is received. the income is accrued.
Other income is recognised in the period in which il is receivable and lo the exlenl the goods have
been provided or on completion ol the service.
Page 10

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Accounting policies Icontinuedl
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation lo Iransler economic benefit
lo a third party, il is probable that a Iransler of econotllic benefits will be required in selllemenl and
the amount ol the obligation can be measured reliably. Expenditure is classified by aclivily. The costs
ol each activity are made up ol the total of direct costs and shared Costs, including support costs
involved in undertaking each aclivily. Direct costs attributable lo a single activity are allocated directly
lo that aclivily. Shared costs which contribute lo more than one activity and support costs which are
not allribulable lo a single activity are apportioned between those activities on a basis consislenl with
the use ol resources. Central staff costs are allocated on the basis ol lime spent, and depreciation
charges allocated on the portion ol the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
CIO'S objectives, as well as any associated support costs.
All expendilijre is inclusive ol irrecoverable VAT.
2.5 Tangible fixed assets and depreclatlon
Tangible fixed assets costing £200 or more are capilalised and recognised when lulure economic
benefits are probable and the cost or value ol the asset can be measured reliably.
Tangible fixed assets are initially recognised al cost. After rgcognilion, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairmonl
losses. All costs incurred lo bring a tangible fixed asset into ils intended working condition should be
included in the measurement ol cost.
Depreciation is charged so as lo allocate the cost ol tangible fixed assets less their rèsidual value
over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the following basis-
Motor vehicles
25V/o reducing balance method
2.6 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount ollered.
Prepayments are valued al the amount prepaid nel ol any trade discounts due.
2.7 Cash al bank and In hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening ol the deposit or similar account.
Page11

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Accounting policies (continued)
2.8 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balance sheet dale as a result ol a past
event, il is probable that a Iransler ol economic benefit will be required in settlement, and the amount
ol the selllemenl can be eslimaled reliably.
Liabilities are recognised al the amount that the CIO anticipates it will pay lo settle the debt or the
amount il has received as advanced payments lor the goods or services il musl provide.
Provisions are measured al the best estimate ol the amounts required to sellle the obligation. Where
the ellecl ol the lime value ol money is material, the provision is based on the present value ol those
amounts, discounted al the pre-tax discount rale that rellecls the risks specific lo the liability. The
unwinding ol the discount is recognised in the Slalemenl of financial activities as a finance cost.
2.9 Financlal Instruments
The GIO only has financial assets 2nd financial liabilities ol a kind that qualify as basic financial
inslryments. Basic financial instruments are initially recognised at transaction valu& and subsequently
measured al their selllemenl value with the exception ol bank loans which are subseqtjenlly
measured al amortised cost using the elleclive interest method.
2.10 Penslons
The CIO operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the CIO to the fund in respect of the year.
2.11 Fund a¢counting
General funds are unreslricled funds which are available lor use al the discretion ol the Trustees in
furtherance of the general objectives ol the CIO and which have not been designated lor other
purposes.
Reslricled funds are funds which are lo be used in accordance with specific reslriclions imposed by
donors or which have been raised by the CIO lor particular purposes. The costs ol raising and
administering such funds are charged against the specific fund. The aim and use ol each restricted
fund is sel out in the notes lo the financial slalemenls.
Page 12

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Income from donations and grants
Unrestricted
funds
2025
Restricted
funds
2025
Total
funds
2025
Donations
Grants
4,938
3,000
4.938
60,773
57,773
7,938
57.773
65.711
Unreslriclea
funds
2024
Restrictea
funds
2024
Tolai
funds
2024
Grants
5,000
23.804
28,804
Income from charitable actlvltles
Unrestricted
funds
2025
Total
funds
2025
Market Grows contracts
18,721
18.721
Unrestricteo
lunds
2024
Tolai
funds
2024
Market Grows contracts
42,818
42,818
Page 13

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Analysis ol expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2025
Restricted
funds
2025
Total
2025
Market Grows
30,836
24,655
55,491
Unrestricleo
funds
2024
Restricteo
funds
2024
Tolai
2024
Market Grows
65,209
29,112
94,321
Analysis of expendlture by aclivities
Activltle$
undertaken
directly
2025
Support
Costs
2025
Total
funds
2025
Market Grows
39,716
15,775
55,491
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Market Grows
74,718
19.603
94,321
Page 14

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Analysis of expenditure by activities Icontinuedl
Analysis of direct costs
Market
Grows
2025
Total
funds
2025
Leadership staff Costs
Beneficiary wages
Contract costs
Tools and protective clothing
Motor running costs
Motor fuel
2,594
15,949
5,265
10,902
2,714
2,192
2.594
15,949
5,365
10,902
2,714
2,192
39,716
39,716
Markel
Grows
2024
Total
lunds
2024
Leadership stall costs
Beneficiary wages
Contract costs
Tools and protective clothing
Motor running Costs
Motor fuel
Travel and subsistence
29,615
34, 136
7,284
481
3,589
5,553
60
29,615
34, 136
1,284
481
3,589
5,553
60
74,778
74,718
Page 15

MARK￿ FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Analysis of expendlture by activitigs l¢ontinued)
Analysis of support costs
Market
Grows
2025
Total
funds
2025
Deprecialion
Insurance
Computer costs
Telephone
Accountancy, bookkeeping and payroll fees
8ank charges and interest
General expenses
Printing, postage and slalionery
Advertising and marketing
Subscriptions
Loss on diswsal ol fixed asset
7,612
1,128
230
7,612
1,128
230
479
4,637
337
479
4,637
337
13
654
216
460
13
654
216
460
15,775
15,775
Markel
Grows
2024
Tolai
funds
2024
Depreciation
Insurance
Computer costs
Accountancy, bookkeeping and payroll lees
Bank charges
General expenses
Printing, postage and slalionery
Advertising and marketing
Subscriptions
Stall training
Loss on disposal ot fixed assets
Consultancy lees
5,296
996
403
5,296
996
403
4,659
414
4,659
414
120
120
29
29
179
719
216
216
665
663
5,688
1,000
5,688
1,000
Total 2024
19,603
19,603
Page 16

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Independent examiner's rernuneration
2025
2024
Fees payable lo the CIO'S independent examiner lor the independent
examination ol the CIO'S annual accounts
750
700
Fees payable lo the CIO'S independent examiner in respect ol..
All other services not included above
850
800
Staff costs
2025
2024
Wages and salaries
Beneficiary wages
Contribution to defined contribution pension schemes
2.594
15,949
29,071
34, 136
543
18.543
63, 750
The average nurnber of persons employed by the CIO during the year was as follows..
2025
No.
2024
No.
Leadership staff
Beneficiary workers
No employee received remuneration amounting to more than £60,000 in eiih&r yoar.
Tru$tees' remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year gnd8d 28 February 2025. no Trustee expenses have bgen incurred (2024 - £NIL).
Page 17

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
10.
Tangible fixed assets
Motor
vehicles
Cost or valuatlon
Al 1 March 2024
23,795
19,200
18,800)
Additions
Disposals
Al 28 February 2025
34.195
Depreclatlon
Al l March 2024
Charge lor the year
On disposals
7,908
7,612
14,1601
Ai 28 February 2025
11.360
Net book value
At 28 February 2025
22,835
At 29 February 2024
15,887
11.
Flxed asset investment$
The CIO had a wholly owned subsidiary, Market Field Farm Ltd, company number 11839779, a company
limited by guarantee. The CIO owned the subsidiary by virtue ol being the sole member. The company
had been dormant since incorporation. Market Field Farm Ltd was dissolved in the financial year on 18
June 2024.
Page 18

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
12.
Debtors
28 February 29 February
2025
2024
Due within one year
Trade debtors
Other dèbtors
Prepayments and accrued income
470
93
6,443
3,978
7,006
3,978
13. Creditors.. Amounts falling due wllhln one year
28 February 29 February
2025
2024
Trade creditors
Other laxalion and social security
Other creditors
Accruals and deferred income
3,461
510
65
1,920
65
1,710
1,985
5,746
14.
Flnanclal Instruments
28 February 29 February
2025
2024
Flnanclal as$et$
Financial assets measured al lair value through income and expenditure
16,299
1,095
Financial assets measured at fair value through income and expenditure comprise cash al bank and in
hand.
Page 19

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
15.
Statement of funds
Statement of funds . current year
Balance at
Transfers 28 February
inlout
2025
Balance at 1
March 2024
Income Expendlture
Unrestrlcted funds
General Funds
6,766
26,659
{30,8361
19.200
21,789
Restrlcted funds
Essex Community Foundation
The Big Green Inlernel Project
Locality Fund
ECC Lo¢al Community Fund
Tree Council
ECF Employment
5,471
2,977
5,471
5,096
6,658
8,724
23,710
10,356
8,325
14,5391
18,7241
14,5101
14,288}
12,594)
119,200)
6,068
5,731
8,448
57,773
124,655}
{19,200)
22,366
Total ol fund$
15,214
84,432
155.491)
44,155
Page 20

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
1 S. Statemgnt of funds (continued)
Reslri¢led Funds..
The Essex Community Foundation fund provided ILJnding towards stall costs of a new leadership team
member lo lead a team ol young adults on gardening projects in Colchesler and Tendring. The fund also
financed the purchase ol new equipment. The element towards new equipment was still being held al the
year end.
The Climate Miligalion Fund was provided lo fund staff costs ol beneficiary workers and tools required on
a project in collaboration with The Big Green Internet. lo plant trees on a sile in North Essex.
The Tree Council fund was lo fund project labour costs lo carry out tree planting al the Slanway
Community Centre sile.
The Big Green Inlernel Fund was provided lo fund staff Costs ol beneficiary workers on a project lo plant
trees on a sile in Slanway.
The Locality Fund is provided by Tendring District Council to fund tools and equipment, uniforms and
towards working partnerships on projects lo provide work lor the young adults employed. These funds
received were the first tranche ol the funding that follows into next financial year.
The Essex City Council Local Community Fund was provided lo fund stall costs of both the leadership
team and beneficiary workers on a gardening projeel. The fund was also for the purchase ol a barista van
lo be ulilised as a new job opportunity for the beneficiary workers. The van was purchased in thè year
and transferred to general funds.
The Tree Council fund was provided lo finance the Willow SUDS project, where the leadership team and
beneficiary workers will plant trees as part ol the tree planting programme. The fund also covered the
materials required.
The Essex Community Foundation Employment fund was provided lo finance the employment wages ol
a new bid writer for the charity. The bid writer position was appointed in October 2024 and the fund
started lo be ulilised.
Page 21

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
15. Statement of funds Icontlnuedl
Statement of funds - prior year
Balance al
l March
2023
Balance al
29 February
2024
Income Expenditure
Unrestricted funds
General Funds
47.818
(65,209?
6, 766
Restrlcted funds
Essex Community Foundation
Climate Miligalion Fund
The Tree Council
The Big Green Inlernel Project
Locality Fund
5,471
5,471
11,546
2,210
(11,546)
(2,210)
(10,356?
15,000)
13.333
5,000
2,977
13,756
23,804
(29, 112)
8,448
Total of funds
37,913
71,622
(94,321)
15,214
16. Summary of funds
Summary of funds- current year
Balance at
Transfers 28 February
Inlout
2025
Balance at 1
March 2024
Income Expenditure
General funds
Restricted funds
6.766
8,448
26,659
57,773
130,8361
124.655>
19.200
119,200}
21,789
22,366
15,214
84.432
155,491)
44,155
Page 22

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Summary of funds {continuedl
Summary of funds- prior year
BalanGe al
l March
2023
Balance al
29 February
2024
Income Expenditu
General funds
Restrioled funds
24, 15?
13,756
47,818
23,804
(65.209)
(29. 172)
8, 766
8,448
37,913
71,622
(94,321)
15.274
17.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted Restrleted
Total
funds
funds
funds
28 February 28 February 28 February
2025
2025
2025
Tangible fixed assets
Current assets
Creditors due within one year
22,835
939
22.835
23.305
11,9851
22,366
11,9851
Total
21,789
22,366
44,155
Analysis of net assets between funds - prlor year
Unreslriclea
Restrictea
Tolai
funds
funds
funds
29 February 29 February 29 February
2024
2024
2024
Tangible fixed assols
Currenl assets
Creditors due within one year
15,887
(3,375)
(5, 746)
15,887
5,073
(5, 7461
8,448
Total
6, 766
8,448
15,214
Page 23

MARKET FIELD FARM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
18.
Pension commitments
The Charity operates a defined Contribution pension scheme. The assets ol the schème are held
separately from those ol the Charity in an independently administered fund. The pension cost charge
represents contributions payable by the charity lo the fund and arnounled lo £nil12024.- £5421- No amount
was payable lo the fund al the balance sheet dale and therefore included in creditors.
19. Membgrs, liablllty
11 the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal
responsibility for settling ils debts or liabilities.
Page 24