T3tton Garden Sooety Icioi Charity No. 1194793 Tru5tee< Report and Unaudited Accounts 31 December 2023
T3tton Garden Sooety Icioi Charity No. 1194793 Tru5tee< Report and Unaudited Accounts 31 December 2023
Tatton Garden Society ICIOI Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Acbvities Balance Sheet Notes to the Accounts 6t012 Detailed Statèment of Financial Activities 13to14 Page I
Tatton Garden Society (cio) Trustees Annual Report The trustees present their report with the unaudttsd financiBI ststements of the charity for the year ended 31 December 2023. REFERENCE AND ADMINIStRAMVE DAll5 Ch3Tity No. 1194793 Trustees The follDwiTrg trustees seThed during the year. C. Bodime3de A. Ellison G. Holden E. Land D. Skidrnore S. Walker V. Wrather Accountsnts Bruce Marshall & Co Mited Suite 11, The Old Fuel Depot TwemlDW Lane Twemlow Cheshlre CW4 8GI Staternent of trustees. responsibilÈties in relation to the financial ststements The charity trustees are responsible fur prEparing a tnjstees, Znnual report and financi31 st3tÈmÈnts in 3ccordance with applicable law and Unitsd ngth)M Accounting Standards Iuhited Kingdom Generally Accepted Accounting Practicel. The trustees are respgnsible for keeping proper 3ccounting records that dlsdose with reasonable accuracy at any tirne the financial position Df the charity and to enable them to ensure that the financial 5tstements o)mpty wtth the Chariti Act 2011, the appllcable Charities IAccounts and Reports) Regulation5, and the promsions of the Tnjst deed. The Trustees are alsD responsible for safeguarding the assets of chartty and hence taknng reasonable steps for the prevention and detection of fraud ènd other irregtjlarities. Signed on behalf of the charity, trustees C. Bodirneade Trustee Page 2
Tatton Garden Society ICIOI Independent Examiners Report Independent E¥aminerfs Report to the trustees (rf Tatton Garden Society {aOI I report to the trustees on my examination of the financial statements of Tatton Garden Society ICIOI for the y8ar ended 31 December 2023 which comprise of the Statement of Financial Achvtties. the Salance Sheet and the related notes. Responsibilities and basis of report As the charity's twstees you are responsible for the preparation of the linancial statements in accordance with the requirements of the Charities Act 20111'the Art'l. The trustees consider that an audit Is not required for this year under the Charitr'es Act 2011. s.144121 Ithe 2011 Act) and that an independent examination is needed. I rèport in re5pert of my examination of the thariws thnancial ststements carried out under 5ecknon 145 of the 2011 Act and in carrying OLrt my examination I have followed all the applicable Directions given by the Charity Commi55ion under secbon 145I5llbl of the Act. Independent èmaminerfs Statement I have completed my examination. I can confirm that no material matters have come to my èttention in connection with the examination giving me cause to believe that in any material respert- the accounting record5 were not kept in respect of the charity as required by section 130 of the Act.. or the financial statements do not accord wtth those records- or the h"nancial ststements do not comply with the applicable requirements cOnMIngthe form and content of financial statement5 setout in the Char¢ties IAccounts and Reports) Regulation5 2(8 otherthan any iequiremerrtthat thefinancial statements give a'true and fair, viewwhich is not a matter considered as part of an independent examination. I have no concerns and have come across no other matter5 in connection with the examination to which attention should be drawn in thss report in order to enable a proper understanding of the financial statements to be reached. RE Moore FCA Bruce Marshall & Co Mited Suite 11, The Old Fuel Depot Twemlow Lane Twemlow Cheshire CW4 8GJ Page 3
Tatton Garden Society ICIO} ststement of Finan¢ial Artivlties for the year ended 31 December 2023 Unrestricted Restri(ted funds funds Total funds 2023 Total funds 2022 2023 2023 Nott Income and endowments from: Donations and legacies Investments 1.244 1,793 46,251 1,244 2,418 46,251 900 625 2,533 55,491 Other Total 49.288 625 49,913 58,924 Expenditure on: Other 159,4341 159.4341 7.469 151,9651 159.4341 159,4341 7,250 152.1841 168.1421 168,1421 121,9581 190,1001 Totsl Net gain/llossl on investmerEts Net expèndlture Transfers between funds Net expendlture before other gainslllossesl Other gains znd losses Net movement in funds Reconciliation of funds: Total funds brought forward Totsl funds carried forward 12191 12191 151.9651 12191 152,1841 131,1761 12.6771 406 12.2711 131,1761 256,(X)4 253.327 17.521 17,927 273,525 271,254 304.701 273,525 Page 4
Tatton Garden SDdety iaoi Balance Sheet at 31 December 2Q123 2023 2022 Note Fixed assets Tangiljle assets Investments 29,263 228,418 257,681 20,429 221,168 241,597 io CurTent assets Debtors li 2.931 29,794 32,725 119.1521 13,573 271,254 211,4 271,254 12.668 38,595 51,263 119,3351 31,928 273,525 273,525 273,525 Cash at bank 3nd in hand Creditoys: Amountfalling due within one year Net CLÈrrent 35sets Total assets less ¢urrent liabiliiies Net assets excluding pensiun asset or liability Total net assèts 12 The funds ofthe tharfty Restri¢tEd funds 17,927 253,327 271,254 17,251 256,004 273,525 Unrestrirted funds Total Funds Approveil bythe trustees on d sÉgned on their behalf by: C. Bodim Trustee PBgÈ 5
Tatton Garden Society ICIO} Notes to the Accounts forthe year end 31 December 2023 Actounting policies Basls of preparation The financial Statements have been prepared in accordance with Staterrtent of Recommended Pracknce.. Accounting and Reporhng by Charities preparing their accounts in accordance with the Financial Reporting Standard applioble in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporhng Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Changè in basis of accountinz orto previous accounts There has been no changè to the accounting polscies (valuation rules and method of accountr.ngl Since last year and no changes have been made to accounts for pieviou5 years. Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the trustee5 for particular purpose5. These are unrestrirted ftjnds which in¢lde a revaluation reserve representing the reststement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Designated fijnds Revaluation funds Restricted funds Income Recognition of income Income is Fncluded in the Statement of Financial Activitie51SoFAI when the charity becomes entitled to, and virtually certain to tecewe. the incorne and the amount of the income can be measured with sufficient reliability. where income has related expenditts the income and related expenditure is reported gross in the SOFA. Voluntsry income e[Ved by way of grants, donations and gifts is included in the SOFA when receivable and onlywhen the Charity has unconditional entvtlement to the income. Tax reclaims on Income from tsx ieclaims is included in the SOFA at the Same time donations and gifts as the giftldorFation to which it relates. Donated seNices and These are only included in intome (with an equivalent amount in facilities expenditure) Whe the benefit to the Charity is reasonably quantifiable. me35urable and material. The valuè of any volurbteer help received is not included in the account5. Income with related expenditL5re Donations and legacies Volunteer help Investment income This is intluded in the accounts when e1Vable. This includes and gain or loss resulting from revaluing investments to market value at the end of the year. Gains1llossesl on revaluation of fixed assets Gainslllossesl on investment assets This include5 arry gain or loss on the sale of irwestments. Page 6
Tatton Garden Society Icioi Notes to the Accounts for the year ended 31 December 2023 Expenditure Recognition of expenditure Expendittjre is recogni5ed on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and 15 reported as part of the expendrf(ure to which it relates. These comprise the costs associated with attracting voluntary income. fvndraising tradFng costs and investment management costs. These comprrse the costs incurred by the Charity in the delivery of its activities and service5 in the furtherance of its objects, including the making of grants and governance costs. All grant expenditure is accounted for on an attual paid basis plus and accrual for grnnts that have been approved by the trustees at the end of the year but not yet paid. These iriclude those costs associated with meeting the constitutional and statutory requirements of the Charity, including any auditlindependent examination fees. costs linked to the strategic management of the Charity, together with a share of other administration c05t5. These a SLSPPOrt Costs not allocated to a particular attfvity. Expendtture on raising funds Expenditure on charitable activities Grants payable Governance costs Other expenditure Taxation The Charity is exempt from tax on its charttable activities. Freehold Investment property Investment properties are Theasured initially at cost and subsequently at hir value at each balance sheet date and are not depreciated. All gain5 or losses are tsken to the Statement of Financi31 Activities as they arise. Trdde and other debtors Trade and other debtors are recognised atthe settlement amount due afteranytrade di5COUnt offered. Prepayments are Yalued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and In hand. dem3nd deposits with bank5 and other short term highly liquid irbvestments with original maturities of three months or less and bank overdTaft5. In the statement o*financial posthon, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flow5. cash and cash equivalents are sht)wn net of bank overdrafts that are repayable on demand and form an integral part of the company's cash. Trade and other creditor5 Short term creditor5 are measured at the transactbon price. Other creditors and provisions are reco8nised where the charity has a present obligation resulting from a past event that will probably restjlt in the transfer of fvnds to a third party and the amount due to settle the obligation can be measured or estimated reliabty- Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Receipt of donated goods. fatilitles and seNiies All donated goods. facilitie5 and services received a CO@nISed within incoming $oUrCeS and expendr(Ufe at an estimate of the value to charrty. Page 7
Tatton Garden So¢iety ICIO} Notes to the Accounts for the year ended 31 Dètèmber 2023 Statement of Finandal Artiwties- prioryear Unrestricted fun(k 2022 Restrlrted funds 2022 Totsl funds 2022 Income and endowments from: Donations and legacies Investments 900 525 2,533 55,491 58.924 Other 55.491 Total 58,399 525 Expendlture on: Other 68.142 68.142 121,4091 131.1521 131,1521 68,142 Total 68.142 121,9581 131,1761 131.1761 Net gains on investments Net income 15491 1241 1241 Net income before other 83inslllossesl Other 8ain5 and losses: Net movement in funds 131.1521 1241 131.1761 Reconciliation of funds- Total funds carrled forynrd 131,1521 1241 131,1761 Income from donations and legaties Totsl Total 2023 2023 2023 2022 Donations 1.244 1,244 1.244 1,244 Intome from investments Unrestrftted Restrirted Total Total 2023 2023 2023 2022 Investment Income/lexpen5el 1.793 625 2.418 2.533 2,533 1.793 625 2.418 Page 8
Tatton Garden Society {ClO) Notes to the Accounts for the year ended 31 December 2023 Other income Unrestrirted Restricted Total Total 2023 2023 2023 2022 Income from subscripknons Excursions & social events 14,539 19,072 12,122 518 14,539 19,072 12,122 518 15.043 27.497 12,418 533 Arboretum income Plant sales 46.251 46,251 55,491 Other expenditure Unrestrirted Restrtrted Total Totsl 2023 2023 2023 2022 East Cheshi¥e Council 7,073 16,983 15,662 i(x) 7.073 16.983 15.662 9,014 27,868 13,234 Excursions & sotial events Arboretum costs Premise5 costs i(KJ 140 Amorknsation and depreciation on disposal of fixed asset5 General administrdtive costs 2.266 2,266 16,276 1,074 59,434 1.665 9,743 6,478 68,142 16.276 1.074 59,434 Legal and professional costs Net expenditure before transfers 2023 2022 This is stated after charging= Depreciation of owned fixed 355ets 2,266 1,665 Staff costs No employee received in exce55 of £60,(100 p.3. Pa8e 9
Tatton Garden Soaety (CIO) Notes to the Accounts for the year ended 31 Oecèmber 2023 Tanglble fixed assets Land and Buildin8S Plant and Mathinery Library Total B/f Additions 18.641 338 1,450 20,429 Ii.IcK 12,2661 29.263 ii.lco 15941 10.844 Depreciation 11,6721 16,969 Clf 1.450 io Investments Otr Investments . Listed Other investments - Unlisted Total Cost of revaluation At l January 2023 Additions 221.168 221,168 Revaluation 7,250 7,250 Disposa15 At 31 December 2023 228,418 228.418 Net book 7ralue5 At 31 December 2023 228,418 221,168 228.418 221,168 At 31 December 2022 li Debtors 2023 2022 Other debtors 2.931 12,668 12,668 2.931 12 Creditors Amounts falling due within orFe year 2023 2022 Other Creditors 7,781 11.371 19,152 4,331 15,004 19,335 Accruals Page 10
Tattort Garden Society ICIOI Notes to the Accoijnts for the year ended 31 December 2023 13 Movement in funds Incomln8 RÈsources expended At31 December 2023 linduding other 8ainsnosse51 Restrlrted funds: Restrirted income funds". Burrows Memorial Fund 84 M&G Fund 541 625 541 625 Totol Unrestrirted funds: General funds 49.288 159,4341 110,1461 Re¥71yatiOrt Reserves: Restricted funds.. M&G Fund 12191 12191 12191 12191 7,469 7.250 TotGI Revaluation fund 7,469 7,469 Totol rev¢71uotiorR reserves 12191 Totsl funds 57.382 159,6531 12,2711 Purposes and restricknons in relation to the funds.. Revaluation reserve5= Represent the amount which investments exceed their historical cost. Restricted funds Burrows Memorial Fund 14 Analysis of net assets between fubxls Unrestrirted funds Restricted fund5 Total Fixed assets 29.263 219,334 5,584 254,181 29,263 228,417 13,574 Investments 9.083 7,990 17.073 Net curient a55ets 271.254 Page 11
Tatton Garden S¢xiety ICIOI Note5 to the Accounts for the year ended 31 December 2023 15 Reconaliation of net debt At31 Detember 2023 At l January 2023 Cash Flov Cash and cash equivalents 38,595 18,8011 18.8011 29,794 29,794 38,595 Net debt 38,595 18.8011 29.794 Page 12
Tatton Garden Society ICIOI Detailed Ststement of Financial Attivities for the year ended 31 December 2023 Unrestricted funds 2023 RestrictÈd funds 2023 Total funds 2023 Totsl funds 2022 Income and endowments from: Donations and legacies Donatr"ons 1.244 1.244 1,244 1.244 9CO 900 Investments Investment income 1.793 1,793 625 2,418 2.418 2,533 2.533 625 Other Intome from subscriptions Excursions & social events 14.539 19.072 12,122 518 14,539 19.072 12.122 518 15,043 27.497 12,418 533 Arboretum income Plant sales 46.251 49.288 46,251 49.913 55,491 58.924 Total income and endowmerrts 625 Expenditure on: Other expenditure East Cheshire Council 17,0731 116.9831 115,6621 139,7181 17,0731 116,9831 115.6621 139,7181 19,0141 127.8681 113.2341 150,1161 Excursions & Social events Arboretum tosts Premises costs Rent 11(xJl 11(K)I 11001 11001 11401 11401 General administrdtive costs. including depreciation and èmorttsation Depreciation of land and buildings Depreciation of Plant and machinery Depreciation of Library General insurances 11,6721 15941 11.6721 15941 11.6261 1391 li) 16961 1291 11.6001 13791 113.3821 118,5421 11901 16961 1291 11.6001 13791 113,3821 118,5421 11741 11,2701 15221 11.8121 12071 15,7581 111,4081 Information and publication5 Software, IT support and related tosts Stationery and printing Subscriptions Sundry expenses Page 13
Tatton Garden Society (CIO) Detailed Statement of Financial Activities for the year ended 31 December 2023 Unrestrirted fur5 2023 Restricted funds 2023 Totsl fvnds 2023 Total fund5 2022 Legal and professional costs Audit/lndependent Solicitor's fees Other legal professional 11.0741 11,0741 15721 11.4241 14.4821 16.4781 168,1421 11,0741 159,4341 11.0741 159,4341 Totsl eMpenditure- Other costs Total expenditure Net gain/llossl on investments Net expendlture Net expenditure before other gainslllosse51 Other gains Net movement in funds 159.4341 7.469 12.6771 159.4341 7,250 12,2711 168,1421 121,9581 190,IIX)I 12191 12.6771 12,2711 131,1761 12.6771 12,2711 131,1761 Reconciliation of funds: Total fund5 brought forward Total funds urried forward 256.(KJ4 17,521 17,927 273,525 271,254 304,701 273,525 253.327 Page 14