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2022-10-31-accounts

Contents			Page
Reference and administrative details ofthe Charity,	its Trustees,	and its advisers
Report ofthe Trustees			3-7
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet			10
Notes to the Financial Statements			11-19

Charity	Name	Name				CoFarm Foundation
Charity	Registration			Number		1193795
Company		Registration			Number	12267456
Principal		and	registered		office	Allia Future Business Centre
						Cambridge
						Kings Hedges Road
						Cambridge
						CB4 2HY
he Trustees						Mr Richard Brooks
						Dr Benjamin Cowell
						Dr Arun Gupta
						Dr Laura James
						Mrs Susan Pritchard
						Mrs Sally Vergette
ndepend	e	nt	Examiner			J.Watkin FCA BA (Honsj
						Purple Cat Accountancy	Limited
						87 Highgate Road
						Walsall
						West Midlands
						WS1 3JA

Year ended 31 October 2	022
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2022	2021
		Note
Income from:
Voluntary income			68,764	30,000	98,764	121,986
Charitable activities			2,127		2,127
Total Income			70,891	30,000	100,891	121,986
Expenditure on:
Charitable activities			90,381	28,771	119,152	122,997
Total resources expended			90,381	28,771	119,152	122,997
Net income / (expenditure)	for
the year before other
recognised gains or (losses)			(19,490)	1,229	(18,261)	(1,011)
Transfer between funds			1,229	(1,229)
Net movement in funds			(18,261)		(18,261)	(1,011)
Reconciliation offunds
Fund balance at 1 November
2021		15	(56,837)		(56,837)	(55,826)
Fund balance at 31 October
2022		15	(75,098)		(75,098)	(56,837)

Registered company	number:	12267456
		Notes
			2022	2021
Fixed assets
Investments		11	1	1
Tangible fixed assets		10	2,409	373
Current assets
Debtors		12	5,054	4,400
Cash at bank and in	hand		10,994	24,991
			16,048	29,391
Creditors: amounts	falling due
within one year		13	(9,150)	(3,442)
Net current assets			6,898	25,949
Creditors: amounts	falling due
after one year		14	(84,406)	(83,160)
Net (liabilities)			(75,098)	(56,837)
Represented by
Unrestricted funds
General funds		15	(75,098)	(56,837)
			(75,098)	(56,837)
Restricted funds		15
Total			(75,098)	(56,837)

Voluntary	income
		Unrestricted	Restricted	Total	Total
		2022	2022	2022	2021
Grants
Other grants receivable			30,000	30,000	24,500
Donations
Donations		3,764		3,764	35,135
Donations	in kind	65,000		65,000	62,351
		68,764	30,000	98,764	121,986

Operating su	rplus
				2022	2021
The operating	deficit /surplus		is arrived at after charging:
Depreciation	oftangible	fixed	assets	1,578	373

Expenditure
		2022	2021
Charitable grants		28,771	48,600
Staff costs		65,000	62,351
Training		188
Rent		10,606	5,289
Light, power	and heating	14	14
Advertising	and marketing	1,863	1,000
Legal expenses		1,500
IT, software	and consumables	129	202
Telephone and internet		1,210	433
Printing and	stationery	681	88
Subscriptions		2,065	359
Insurance		454	1,064
Travel and subsistence		463	86
Removal fees		195
Accountancy	fees	2,700	2,700
Depreciation		1,578	373
Entertaining		489	438
Loan interest		1,246
		119,152	122,997

Tangible fixed	assets
		Computer	Total
		equipment
Cost
At 1 November	2021	1,119	1,119
Additions		3,614	3,614
At 31 October 2022		4,733	4,733
Amortisation
At 1 November	2021	746	746
Charge for year		1,578	1,578
At 31 October 2022		2,324	2,324
Net book value
At 31 October 2022		2,409	2,409
At 31 October 2021		373	373

	CoFarm Cambridge
			2022	2021
	Profit and loss account
	Grants and donations	received	66,342	48,600
	Farm purchases		(9,511)	(9,410)
	Overheads		(58,094)	(39,708)
	Net (loss) for year		(1,263)	(518)
			2022	2021
	Balance sheet
	Fixed assets		1,307
	Current assets		1,225	13,884
	Current liabilities		(21,092)	(31,181)
	Net (liabilities)		(18,560)	(17,297)
12	Debtors
			2022	2021
	Other debtors		2,612	3,000
	Prepayments		2,442	1,400
			5,054	4,400

13	Creditors	falling due under	1 year
				2022	2021
	Trade creditors			3,377	412
	Accruals			5,443	2,700
	Amounts	owed to subsidiary		330	330
				9,150	3,442
14	Creditors	falling due over 1 year
				2022	2021
	Loans —H Shelton			76,246	75,000
	Accruals			8,160	8,160
				84,406	83,160

ovement in	fund	s
				Balance at 1				Balance at
				November				31October
				2021	Incoming	Outgoing	Transfers	2022
General fund				(56,837)	70,891	(90,381)	1,229	(75,098)
Total unrestricted			funds	(56,837)	70,891	(90,381)	1,229	(75,098)
Restricted funds
Grant making	fund				30,000	(28,771)	(1,229)
Total restricted		funds			30,000	(28,771)	(1,229)
Total funds				(56,837)	100,891	(119,152)		(75,098)

ovement in f	und	s	—prior y	ear
				Balance at 1
				November			Balance at
				2020			31 October
				As restated	Incoming	Outgoing	2021
General fund				(55,826)	92,486	(93,497)	(56,837)
Total unrestricted			funds	(55,826)	92,486	(93,497)	(56,837)
Restricted funds
Grant making	fund				29,500	(29,500)
Total restricted		funds			29,500	(29,500)
Total funds				(55,826)	121,986	(122,997)	(56,837)
nalysis of net assets between funds
				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2022	2021
Fixed assets				2,410		2,410	374
Current assets				16,048		16,048	29,391
Creditors less	than		1 year	(9,150)		(9,150)	(3,442)
Creditors more than			1 year	(84,406)		(84,406)	(83,160)
				(75,098)		(75,098)	(56,837)