Tatton Garden Soctety ICIOI Charlty No. 1194793 Trustees, Report and Unaudited Acc(wnts 31 Dember 2024
Tatton Garden Sodety ICIOI Contents Pages Trusiees. Annual Report Independent Eyaminer's Report ststement of Finanu31 Artivities Balance Sheet Notes to the Accounts 6t012 Detailed Statement ot Financial Acovtlfies 13to14 Page I
Tatton Garden Society ICIOI Trustees Annual AÈport The trustees present their feport with the unaLxlited financial statements of the tharity for the year ended 31 Oecernber 2024. REFERENCE AND ADMINISTRATIVE oAlL5 Charfty No. 1194793 Tfustees The following trustees served during the year C. Bodimeade A Ellison G. Holden E. Land D. Skidmore S. Walker V. Wrather Accountsfrts Bruce Marshall & Co Limited Suite 11. The Old Fuel Depot Twemlow Lane Twemlow Cheshire CW4 8GJ Statement of trustees. responsibllltles in relaliryi to the finJndal statemenls rhe chariry trustees are re5pon5ible for preparir% a irustees annual report and financial statements In aCCOTdance wtth applicable low and Qnited Kingdom Accounnng Standards Iunited Kingdom Generally kcepted Accounttng Practice). The trustees are responsible for keeping proper accountin8 records that dixlose with reasonable c£ura¢¥ at any time the fin3n¢ial position of the charity an¢J to enable them to ensL*re that the financial 5taternEnts comply wrth the Charities Act 2011. the applicable Chartttes (Accounts and Reports) Regulations. and the provisions of the Trust deed. The Trustees are also iesponsible for safeguarding the assets of the charity and hence taking aSOnable step5 for the prevention and detectton of fraud and other Irregularittes. Sed on behalf of the charity s trustees C. Bodimeade Trustee Page 2
Tatton Garden Sochety ICIOI Independent Examiners Report Independent Examinerfs Report to the trustees of Tatton Garden Socièty Iciol I report to the trustees on my examinatr.on of the financial statements of Tatton Garden Society Icioi for the year ended 31 Oecember 2024 which comprise of the Statement of Financial Activitr'es, the Balance Sheet and the related notes. Responslbllities and basis of report As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 20111.the Act'l. The trustees a)nsider that an udit is not required for this year under the Charities Act 2011. s.144121 (the 2011 Actl and that an independent examination is needed. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under section 14515llbl of the Act_ Independent emaminer's ststement I have completed my examinarion. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. the accounting records were not kept in respect of the charity as required by section 130 of the Acl.. or the h"nancial statement5 do not accord with those records,. or the financial statements do not tomply with the applicable requirements concerning the form and content of financial staternents set out in the Charitie5 (Accounts and Reports) Regulations 2008 otherthan any wuirement that the fi.nancial statements give a'true and fair, viewwhich is not a mattel considered as part of an independent examination. I have no concern5 and have come across no other matters in connertion wsth the examination to which attention shovld be drawn in this report in order to enable a proper understanding of the financial statements to be reached. RE Moore FCA Bruce Marshall & Co Limited Suite 11. The Old Fuel Depot Twemlow Lane Twemlow Cheshiie CW4 8GJ Page 3
Tatton Garden Socitty ICIOI statement of Flnandal Acllvltles for the year ended 31 December 2024 Unrtstrlrted Restrlcted funds funds Total fvnds 2024 Total funds 2023 2024 2024 Income and endowments from: Donations and le8acies Investments 1.620 1.799 1,620 2.369 59.520 1,244 2.418 46,251 570 Other 59,520 62.939 Total S70 63.509 49,913 Expenditure on: Other 162.2391 162.2391 162,2391 162,2391 159,4341 159,4341 Total Net gainlllossl on investments Nèt empendlture TTrn5fers between funds 9,675 152,5641 237 9,912 152.3271 7,250 152,1841 237 Net eMpèndFture before other 8ain5lllossesl oiher rdlns and losses Net movement In fvnds 152.5641 237 152.3271 152,1841 10,375 807 11,182 12.2711 Reconclllatlon of funds: Total funds brought forwafd Total funds carrled fon¥ard 253.327 263.702 17.927 271,254 282.436 273.525 271,254 18,734 Page 4
Tatton Garden Society Icioi 8alance Sheet at 31 December 2024 2024 2023 Note FKxed assets Tangible assets Invèstment5 25.332 29,263 228,418 257.681 io 238,330 263,662 Currert assets Debtrjrs li 74 2.931 Cash at bank and in hand 29,753 29.827 111,053 18.774 25.794 32,725 119.1521 13,573 271,254 Credltors: Amouni fallin8 due within one year Net CUfTerFt assets Total assets less Currerrt Itabilit6es Net assets exdudins pension asset or liab+llty Totsl net assets 12 282.436 282,436 282,436 271,254 271,254 Thè fvnds of the tharity Aestricted funds 18.734 263.702 17,927 253,327 271.254 Unrestrtcted fuhds Total Funds 282,436 Approved by the trustee5 On .. and si8ned on their behalf bv: C. 8odimeade Trustee Pa&e S
Tatton Garden SotiÈty Icioi Notes to thÈ Accounts for the year ended 31 December 2024 Accountin8 poliaes Basis ol preparatton The financial statefnents have been prepared in accordance with Statement of Recommended Practice.. AccounDn8 and Reporting by Charitles preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFFiS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Chan8e in bas15 of ac£ountin8 or to Fyevious accounts There has been no change to the accounting policie5 (valuation rules and method of accounting) since last year and no changes have been made to accounts fgr previous years. Fund a¢¢ountlnK Unrestrirted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted fvnds earmarked by the trustees for particular purposes. These are unrestricted funds which include a re¥71uation reserve representing the $tefflent of investrnent assets at their maiket value5. These are atsilable for use subject to Tesirictions imposed by the donor or through terms of an appeal. Desi8naled funds Revalukn"on funds AesiTlCted funds Income Recognition of income Sncome is intluded in the Statement of Financial Artivities15oFAI when the ¢harity becomes entitled to, and virtually certain tp receive. the intome and the amount ofthe income can be MeaSud with sufficient reliability. Where income has related expenditure the income and related expenditure is reported gross in the SOFA. Volvntary income reteived by way of grants, donations and 8ifts is included in the SOFA when receiwdble and onlywhen the Charity has untonditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time donation5 and gifts as the giftldonation to which Trt relates. Donated services and Thèse are only included in incorne Iwr(h an equivalent amounl in facilities expenditurel where the benefit to the Charity is reasonably quantifiable. measurable and material. The valsje of ary volunteer help received 15 not included in the accounts. ThL5 is included in the accounts when reteivable. This includes and gain oi loss results'ng from revaluing investments to market value at the end of theyear. Income with related expenditure Oonations and legacies Volunteer help Investment Income Gainslllossesl on revaluation of fixed assets Gainslllossesl on investment assets This includes any gain or loss on the sale of investments. Page 6
Tatton Garden Soc5ety ICIOI Note5 to the Accounts lor the year Ènded 31 Dttember 2014 Empendlture Recognition of expenditure Expenditure is reco8rtised on an accruals basis. Expendr(ure includes any VAT which cannot be fully reCoved, and is ported as part of the expenditure to which it relates. These cornprise the costs associated with attracting voluntary income, fundraisin8 tradin8 costs and investment management costs. These comprise the costs incurred by the Charity in the delivery of its artivtties and servrce5 in the fUrtheTrn of it5 objects, including the making of grants and governance costs. All 8rant expenditure i5 accounted for on an actual paid basis plus and acciual for giants that have been approved by the trustees at the end of the year but not yet paid. These intlude those costs associated with meetin8 the constitutional and statutory requirements of the Charity. intluding any audivirtdependent examination fees, costs linked to the strategic management ofthe Charity. tLydether with a share of other administration costs. These are sUprt costs not allocated to a particular activity. Expendlture on raising fvnds Expenditure on haritable actiwties Grants payable Goveinan¢e costs Other expenditure Tajotlon The Charity is exempt from tax on its ¢harit3blÈ athvtttes. Freehold Investment property Investment properties are measuied initially at cost and subseqvendy at frdiT Yalue at each balaTrce sheet date and are nDt deKlated. All gains or losses are taken to the Statement ¢Jf Financial Athvities as they arise. Trade and thher debtors TTade and other debtors are reco8nised atthe settlementamount due after anytrade discount offered. Prepayments are valued at the amouni prepaid net ol any trade dI$unts due. Cash and tash equlvalents Cash and cash equivalents comprise cash at bank and in hand. demattd deposits wth banks and other shortterm highly liquid investments with original m3turitt.es of three months L)r less and bank overdrafts. In the statement of financial position. bank overdrafts are shown within borrowings or current liabilities. In the Statement 91 Cash Flows. cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the companls cash. Trade ab)d other Creditors Short term creditors are measured at the transaction price. OtheT creditors and provision5 are recognised where the charity has a present obli8at(on resulting frorn a past event that wll probab result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliabty. Creditor5 and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Rètelpt of donated goods, facilities and services All donated Boods. facilities and seryice5 received are recognised within incoming resources and expenditure at an estimate of the Val to charity. Pa8e 7
Tatton Garden Society ICIOI Notes to the Account5 for the year ended 31 December 2024 5taternent of Flnanclal Actlvltles- wior ye• Unfestrfcted funds 2023 RerIcted fvnds 2023 Total funds 2023 Income and endowments from: Donation5 and legacies Investments 1.244 1,793 46.251 49,288 1,244 2,418 46,251 625 Other Totsl 625 49,913 Expendlture on: her S9.434 59,434 59,434 7,250 12,2711 12.2711 Total 59.434 7.469 12.6771 12.67n Net 83ins on investments Net Income 12191 406 Net Income before other plnslllosses) Other 8alns and losses: Net movement In fvnds 12,6771 12,2711 RencIlIatIOn of funds: Totsl funds brnutht lor*ard Total funds carried fgrwanl 256,IY)4 253,327 17.521 273,525 271,254 17.927 Income from donatlons and lepues Unresthcted Restricted Total Totsl 2024 2024 2024 2023 Donations 1.620 1.620 1,620 1,244 1.244 1.620 Income from Imièstments Unrestrlrted Restrlcted Total Total 2024 2024 2024 2023 Investment Intomellexpensel 570 2.369 2.369 2,418 2.418 570 Page 8
Tatton Gayden Soclety ICIOI Note5 to the Accounts for the year ended 31 Dètember 2024 Other Income Unrestrfrted R¢5trlrted Total 2024 2024 2024 2023 Income from subscriptions Excursions & social events 16.915 16.915 30.821 11,281 503 14.539 19,072 12.122 518 30,821 11,281 503 Arboretum income Plant sales 59.520 59,520 46,251 Other eMpendStyre Unrestricted Restrtcted Total Total 2024 2024 2024 2023 East Cheshire Council 8,215 27.786 12.941 140 8.21S 28.660 12,975 140 7.073 16,983 15.662 Excursions & social events Arboretum costs Premises costs AmorDsation and depreciatfc on disposal of tixed assets General administrarNe costs 3.931 3.931 8,188 1,038 62.239 2,266 16,276 1,074 59.434 8.188 1.038 62,239 Legal and professional costs Net eMpendlturÈ before transfers 2024 2023 This is stated after char8ing'. Depreciation of owned fixed a55ets 3,931 2.266 Staff costs No employee received in excess of £60.0( p.a. Page 9
Tatton Gardèn Society ICIOI Note5 to the Accounts for the year ended 31 December 2024 Tan8lbleflxed assets Land and 8ulldlnKs Pl•nt and Mathlnery Llbrary Total Blf Additions 16.969 10.844 1.4SO 29,263 Depreciation 11.6721 15.297 12.2591 8.585 13.9311 25,332 1.450 io Other Other Investments - Unllsted - Llsted Total C05t of revalu*ion At l January 2024 Addifjons 228,418 228.418 Revaluatron 9.912 9,912 Disposals At 31 December 2024 238.330 238,330 Net book values At 31 December 2024 238.330 228.418 238,330 228,418 At 31 December 2023 li Debtors 2024 2023 Other debttys 74 2.931 2,931 74 12 Crèdltors Amounts falling due within one year 2024 2023 Other Creditors 1,5SS 9.498 11.053 7,781 11,371 19,152 Accruals Page 10
Tatton Garden s£tty ICIOI Notes tothè Attounts for the year ended 310ecember 2024 13 Movement In funds Incomint At31 Drnber 2024 expended Ilncluding other insl1055esl Restrirted funds: Restrirted income fvnds: Burrows Memorial Fund 570 570 M&G Fund Totol Unrestricted fvnds: General fund5 570 570 62,939 162,2391 700 Revalu*ion Reserve5: Restricted funds.. M&G Fund 237 237 Totol 237 237 Unrestricted funds.. Revaluation fund 9.675 9.67S 9.675 Totol 9,675 rotol revoluutSon reserves 9.912 9,912 Totsl fvnds 73.421 162,2391 11.182 Purposes and restrirtion5 in relation to the funds= Revaluation Teserve5". Represent the amovnt by which inve5tment5 exteed their historical cost. Re5tritted funds Burrow5 Memorial Fund 14 Analysbs of net assets bètween funds Unrestricted funds Restrirted fvnd5 Totsl Fixed assets 25.332 229.010 18.6S4 272.996 25.332 238,330 18.774 282.436 Investments 9,320 120 Net current assets 9,440 Page 11
Tatton Garden Society {ClOI Notes to the Accounts for the year ended 31 December 2024 15 Reconclllatlon of net funds At31 Decembér 2024 At l January 2024 Cash Flows Cash and cash equivalents 29.794 29.794 1411 1411 29,753 29.753 Net fund5 29,794 1411 29.753 Page 12
Tatton Garden Society ICIOI Detalled Statement of Flnandal Atthiitles for the year ended 31 December 2024 Unre5tr1rted fvnds 2024 Restrlrted funds 2024 Totsl fvnds 2024 Total fund5 2023 Income and endowments from: Oonations and legacies Donations 1,620 1,620 1.620 1,620 1,244 1.244 Investments Investment income 1,799 1.799 570 2.369 2,369 2.418 2.418 570 Other Income from subscriptions Excursions & social events Arboretum in¢ome 16.915 30.821 11,281 503 16,915 30.821 11.281 14.539 19,072 12,122 518 Plant sale5 503 59,520 62,939 59.S20 46.251 49.913 Totsl incorne and endo*7Trents Expenditure on: Other expenditure East Cheshire Council 570 18.2151 127,7861 112.9411 148.9421 18.2151 127,7861 112.9411 148.9421 17,0731 116.9831 115.6621 139,7181 Exculsions & sotial events Arboretum tosts Premises costs Rent 11401 1140 11401 11401 IicKJI Iicoi Genefal adrninistratiye costs. including depreciatr'on and amOrtiSaOn Depreciation of land and buildin85 Depreciation of Plant and machinery Oepreciation of Library General insurances Information and publications Software, IT sUpFrt and lated costs St3tionery and printing Subscriptions Sundry expen5e5 11,6721 12.2S91 11.6721 12.2591 11.6721 15941 12361 13341 12361 13341 11901 16961 1291 11,6001 13791 113.3821 118,5421 11.2291 13431 6.0461 112.1191 11,2291 13431 16.0461 112,1191 Page 13
Tatton Gaen Society ICIOI Detalled Statement of Flnanclal Actlvltl for the year ended 310ecember 2024 Unrestrlrted fvnds 2024 Resfficted fvnd5 2024 Total funds 2024 Tota funds 2023 Legal and professional costs Auditlindependent Solicitor's fees Other legal wofession31 11.0381 11,0381 11.0741 11.0381 162.2391 11.0381 162.2391 11,0741 159.4341 Total expÈnditure- Other costs Totsl expendlture Net 8ain/llossl on investments Net expendlture Net expendlture before oth•r galns/l105sesl Other gains Net movement In fvnds Reconcllratlon of funds: Total funds brou8ht forward Total fvnds carried forward 162.2391 9.675 10,375 162.2391 9.912 11,182 159,4341 7,250 12.2711 237 10,375 11,182 12,2711 10.375 807 11,182 12.2711 253,327 263.702 17.927 271,254 282,436 273,525 271,254 18,734 Page 14