Charity registration number 1199990 (England and Wales)
THE NEST FARMS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
THE NEST FARMS
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr Stephen Yapp - Chair | |
|---|---|---|
| Ms Helen Porter | ||
| Dr Daniel Poulter | ||
| Dr Beth Mosley MBE | ||
| Mr James Tuckwell | (Appointed 12 December | |
| 2024) | ||
| Ms Georgina Chittock-Nash | (Appointed 12 December | |
| 2024) | ||
| Charity registration | England and Wales | 1199990 |
| Independent examiner | Helen Rumsey FCA | |
| Ensors | ||
| Blyth House | ||
| Rendham Road | ||
| Saxmundham | ||
| IP17 1WA | ||
| Accountants | Ensors Accountants LLP | |
| Blyth House | ||
| Rendham Road | ||
| Saxmundham | ||
| IP17 1WA |
THE NEST FARMS
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 15 |
THE NEST FARMS
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present their annual report and financial statements for the year ended 30 September 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Constitution, the Charities Act 2011 and "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).
Objectives and activities
The object of the charity is to provide support to those who are struggling with, or being affected by, their mental heath.
The Nest offers day placements to teenagers and young adults up to the age of 25. Our young people are involved in all aspects of running the farm; gaining new skills, increasing in confidence, and spending vital time away from the pressures of everyday life, all with the help and guidance of our staff and volunteers.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
The trustees are satisfied that the charity’s activities provided clear public benefit. Beneficiaries experienced improved confidence, emotional regulation, social interaction, and engagement with learning. The farm environment provided a calm and supportive setting, enabling young people to build positive relationships and develop practical and life skills.
During the year, a number of young people progressed positively, including reintegration into school, transition to college or sixth form, and, in one case, progression to university. These outcomes demonstrate the effectiveness of the charity’s approach in supporting longer-term positive change.
Achievements and performance
Significant activities and achievements against objectives
Charitable Activities
The Nest Farms’ principal activity during the year was the delivery of therapeutic, educational, and wellbeingfocused provision for children and young people, using a farm-based environment to support emotional wellbeing, engagement, and personal development.
Throughout the year, the charity delivered regular sessions for children and young people requiring additional support, including those accessing alternative provision. Provision increased during the year from one day per week to two days per week, enabling the charity to support a greater number of beneficiaries. Activities included animal care, land-based learning, cooking and food preparation, creative and practical tasks, and wellbeing-focused activities. Support was delivered in a safe, inclusive, and trauma-informed manner and tailored to individual needs.
Education and Learning Outcomes
During the reporting period, The Nest Farms became an approved provider under the AQA Unit Award Scheme. Young people began working towards, and achieved, AQA certificates in a range of subject areas, including animal care and land-based skills. Trustees consider this an important development, as it provides formal recognition of learning and achievement for young people who may struggle in traditional educational settings.
Demand and Service Development
Demand for the charity’s services remained high throughout the year, with the charity operating at or near full capacity and maintaining waiting lists. Referrals were received from local authorities, schools, families, and other organisations. In response, trustees focused on consolidating and strengthening provision at the existing site rather than pursuing rapid expansion, to ensure quality, safety, and sustainability.
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THE NEST FARMS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
Infrastructure and Operational Improvements
The charity made significant improvements to its facilities during the year, including the development and use of a commercial kitchen and improvements to animal housing and site safety. These developments directly supported service delivery and animal welfare and enhanced the overall experience for beneficiaries.
Trustees also continued to review and strengthen policies and procedures, including safeguarding, health and safety, and operational processes. A safeguarding concern raised during the year was managed appropriately, with external advice sought and lessons learned incorporated into practice.
Monitoring and Evaluation
The trustees recognise the importance of monitoring the effectiveness of the charity’s activities. During the year, the charity used a combination of recognised tools, regular observations, and qualitative feedback from young people and families to assess progress and outcomes. Trustees acknowledge that further development of outcome measurement is planned for the coming year.
Summary of Performance
The trustees consider that The Nest Farms has had a successful year, delivering its charitable activities effectively and providing demonstrable benefit to its beneficiaries. The charity ends the year with strong demand for its services, improved facilities, and a clear focus on maintaining quality provision while planning for sustainable future development.
Financial review
During the period, income of £178,012 was generated, £109,217 of which was unrestricted (2024: £106,353, £92,528 of which was unrestricted). £162,882 was expended as part of the charitable activities, £123,503 of which was unrestricted (2024: £94,373, of which £85,797 was unrestricted), leaving a net surplus for the year of £15,130 (2024: £11,980). The unrestricted funds to be carried forward total £19,352 (2024: £33,638) and restricted funds £34,665 (2024: £5,249).
Going concern
The trustees have assessed the charity's ability to continue as a going concern and have considered relevant financial and operational factors for at least 12 months from the date of approval of these financial statements. Based on this review, the trustees are satisfied that the charity has sufficient resources to continue operationally for the foreseeable future. The trustees recognise that free reserves are relatively low, being £5,802 at the year-end, however ongoing expenditure is kept under close control, cash flow is regularly monitored, and the continued development of the site is carried out only when funding is available.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure, which would be between approximately £40,000 to £80,000 based on current expenditure levels. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. It is recognised by the trustees that it may take some time to build this level of available reserves. As at the year-end free reserves amounted to £5,802 (2024: £14,659).
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission on 8 August 2022. It is governed by its Constitution, as agreed by the members on 5 August 2022. Its principal address is Kettleburgh Lodge Farm, Kettleburgh, Suffolk, IP13 9RY.
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THE NEST FARMS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees who served during the year and up to the date of signature of the financial statements were: Mr Stephen Yapp - Chair
Ms Helen Porter Dr Daniel Poulter Dr Beth Mosley MBE Mr James Tuckwell (Appointed 12 December 2024) Ms Georgina Chittock-Nash (Appointed 12 December 2024)
Recruitment and appointment of trustees
Trustees are recruited & selected to ensure that the Charity benefits from a broad range of relevant skills and expertise on the board. The Trustees must number at least five and not more than twelve. A Trustee may serve a maximum term of three years, retiring Trustees may be reappointed subject to a maximum of three terms. No third parties are permitted to make nominations to the board.
Other matters
The Trustees have ultimate responsibility for the governance and direction of the Charity and ensuring that it meets its charitable objects for the public benefit.
The day-to-day management and operation of the Charity is delegated to Hannah Tuckwell, in her role as Voluntary CEO.
The trustees' report was approved by the Board of Trustees.
S yapp ..............................S yapp (May 11, 2026 14:45:09 GMT+1) Mr Stephen Yapp - Chair
Trustee 11/05/2026
Date: .............................................
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THE NEST FARMS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE NEST FARMS
I report to the trustees on my examination of the financial statements of The Nest Farms (the charity) for the year ended 30 September 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Helen Rumsey
Helen Rumsey (May 18, 2026 09:53:57 GMT+1)
Helen Rumsey FCA
Ensors Blyth House Rendham Road Saxmundham IP17 1WA Date: ............................18/05/2026
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THE NEST FARMS
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income and endowments from: Donations and legacies 3 32,325 68,795 Charitable activities 4 75,500 - Investments 5 59 - Other income 6 1,333 - Total income 109,217 68,795 Expenditure on: Raising funds 7 18,540 - Charitable activities 8 104,963 39,379 Total expenditure 123,503 39,379 Net income/(expenditure) and movement in funds (14,286) 29,416 Reconciliation of funds: Fund balances at 1 October 2024 33,638 5,249 Fund balances at 30 September 2025 19,352 34,665 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 101,120 37,236 13,825 75,500 55,261 - 59 31 - 1,333 - - 178,012 92,528 13,825 18,540 4,320 - 144,342 81,477 8,576 162,882 85,797 8,576 15,130 6,731 5,249 38,887 26,907 - 54,017 33,638 5,249 |
Total 2024 £ 51,061 55,261 31 - |
|---|---|---|
| 106,353 | ||
| 4,320 90,053 |
||
| 94,373 | ||
| 11,980 26,907 |
||
| 38,887 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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THE NEST FARMS
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
| 2025 Notes £ Fixed assets Tangible assets 15 Current assets Debtors 16 6,921 Cash at bank and in hand 31,215 38,136 Creditors: amounts falling due within one year 17 (23,814) Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 19 Unrestricted funds 20 |
2024 £ £ 39,695 19,397 23,882 43,279 (28,620) 14,322 54,017 34,665 19,352 54,017 |
£ 24,228 14,659 |
|---|---|---|
| 38,887 | ||
| 5,249 33,638 |
||
| 38,887 |
11/05/2026
The financial statements were approved by the trustees on .........................
S yapp S yapp (May 11, 2026 14:45:09 GMT+1)
..............................
Mr Stephen Yapp - Chair
Trustee
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1 Accounting policies
Charity information
The Nest Farms is a CIO, registered with the Charity Commission on 8 August 2022, and governed by its Constitution dated 5 August 2022.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's Constitution, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Charitable Activity income, largely Service User Fees, are accounted for in the period the service is provided.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Grants are recognised once the charity has been notified of the award and the amount is reasonably certain, unless performance conditions require deferral of some or all of the amount.
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
1 Accounting policies
(Continued)
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 30,354 - Grants 1,971 68,795 32,325 68,795 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 30,354 12,153 - 70,766 25,083 13,825 101,120 37,236 13,825 |
Total 2024 £ 12,153 38,908 |
|---|---|---|
| 51,061 |
4 Income from charitable activities
| The Nest | The Nest | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Service User Fees | 75,500 | 43,046 |
| Other income | - | 12,215 |
| 75,500 | 55,261 | |
| Analysis by fund | ||
| Unrestricted funds | 75,500 | 55,261 |
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
5 Income from investments
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Interest receivable | 59 | 31 | |
| 6 | Other income | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Net gain on disposal of tangible fixed assets | 1,333 | - | |
| 7 | Expenditure on raising funds | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Other fundraising costs | 18,540 | 4,320 |
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
8 Expenditure on charitable activities
| The Nest | The Nest | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Staff costs | 58,538 | 43,516 |
| Depreciation and impairment | 14,263 | 9,025 |
| Activity, labour & small equipment costs | 41,477 | 23,136 |
| Office, IT, and administrative costs | 1,713 | - |
| 115,991 | 75,677 | |
| Share of support and governance costs (see note 9) | ||
| Support | 26,741 | 12,876 |
| Governance | 1,610 | 1,500 |
| 144,342 | 90,053 | |
| Analysis by fund | ||
| Unrestricted funds | 104,963 | 81,477 |
| Restricted funds | 39,379 | 8,576 |
| 144,342 | 90,053 |
Governance costs for the period comprise £1,610 in respect of Independent Examination Fees (2024: £1,500).
9 Support costs allocated to activities
| Office, IT and administrative costs Insurance Legal and professional fees Governance costs Analysed between: The Nest |
2025 £ 23,056 1,454 2,231 1,610 28,351 28,351 |
2024 £ 8,879 1,116 2,881 1,500 |
|---|---|---|
| 14,376 | ||
| 14,376 |
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
| 10 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 3,220 | 3,000 | |
| Depreciation of owned tangible fixed assets | 14,263 | 9,025 | |
| Profit on disposal of tangible fixed assets | (1,333) | - |
11 Trustees
None of the trustees (or any persons connected with them) received any remuneration, benefits, or reimbursement of expenses from the charity during either year.
No donations were received from trustees during either year.
12 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Employees | 3 | 2 |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 56,874 | 42,553 |
| Other pension costs | 1,664 | 963 |
| 58,538 | 43,516 |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The total employee benefits of key management personnel for the year was £23,500 (2024: £12,000).
13 Volunteers
Volunteering at The Nest Farms involves assisting with various activities related to the farm's operations while also providing support to our young people with their mental health. The volunteers help oversee the day-today tasks of animal care with the young people and positively engage with them in arts, crafts, and woodworking, among other activities. Volunteer numbers for 2025 were 6 (2024: 10).
14 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
15 Tangible fixed assets
| Cost At 1 October 2024 Additions Disposals At 30 September 2025 Depreciation and impairment At 1 October 2024 Depreciation charged in the year Eliminated in respect of disposals At 30 September 2025 Carrying amount At 30 September 2025 At 30 September 2024 16 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income 17 Creditors: amounts falling due within one year Other taxation and social security Trade creditors Other creditors Accruals and deferred income 18 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
Plant and equipment £ 33,403 32,397 (4,000) 61,800 9,175 14,263 (1,333) 22,105 39,695 24,228 2025 2024 £ £ 1 17,125 6,920 2,272 6,921 19,397 2025 2024 £ £ 5,072 452 - 193 13,736 11,483 5,006 16,492 23,814 28,620 2025 2024 £ £ 1,664 963 |
|---|---|
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
18 Retirement benefit schemes
(Continued)
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
19 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 Capital Infrastructure Fund Service User Grants Core Cost Grants Previous year: At 1 Capital Infrastructure Fund Service User Grants |
October 2024 Incoming resources Resources expended At 30 September 2025 £ £ £ £ 5,249 35,000 (14,104) 26,145 - 28,795 (20,275) 8,520 - 5,000 (5,000) - 5,249 68,795 (39,379) 34,665 October 2023 Incoming resources Resources expended At 30 September 2024 £ £ £ £ - 7,000 (1,751) 5,249 - 6,825 (6,825) - - 13,825 (8,576) 5,249 |
October 2024 Incoming resources Resources expended At 30 September 2025 £ £ £ £ 5,249 35,000 (14,104) 26,145 - 28,795 (20,275) 8,520 - 5,000 (5,000) - 5,249 68,795 (39,379) 34,665 October 2023 Incoming resources Resources expended At 30 September 2024 £ £ £ £ - 7,000 (1,751) 5,249 - 6,825 (6,825) - - 13,825 (8,576) 5,249 |
|---|---|---|
| 5,249 |
20 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 General funds Previous year: At 1 General funds |
October 2024 Incoming resources Resources expended At 30 September 2025 £ £ £ £ 33,638 109,217 (123,503) 19,352 October 2023 Incoming resources Resources expended At 30 September 2024 £ £ £ £ 26,907 92,528 (85,797) 33,638 |
|---|---|
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THE NEST FARMS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
21 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 30 September 2025: Tangible assets 13,550 26,145 Current assets/(liabilities) 5,802 8,520 19,352 34,665 Unrestricted Restricted funds funds 2024 2024 £ £ At 30 September 2024: Tangible assets 18,979 5,249 Current assets/(liabilities) 14,659 - 33,638 5,249 |
Total 2025 £ 39,695 14,322 |
|---|---|
| 54,017 | |
| Total 2024 £ 24,228 14,659 |
|
| 38,887 |
22 Related party transactions
There were no disclosable related party transactions during either year.
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