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2025-03-31-accounts

Soil Association Annual Report & Accounts 2024–2025

Contents Page
Who
W
e
A
re		 3
Chair
’
s Introduction		 4
Trustees
’
Report
Chief Executive
’s
Introduction		 5
Charitable Objectives 7
How this report was compiled 7
Achievements for 2024
-
25		 8
Agroecological
Farming and		 Regenerative
Forestry		 8
Heathy and Sustainable Food and Living 1
2
Organic For All 1
5
Impact Across our Group 18
Soil Association Land Trust 1
8
Soil Association Certification 1
9
Soil Association Exchange 20
Our Organisation 21
Fundraising 21
People
,
C
ulture and
Equality, Diversity and Inclusion (EDI)		 22
Sustainability 23
S
treamline Carbon and Energy Reporting		 2
4
Reputation 2
6
Digital 2
7
Consideration of the Trustees
’
Responsibilities		 2
9
Financial
R
eview and
R
esults for the		 Y
ear		 31
Significant Risks and Uncertainties 3
7
Structure and Governance 3
9
Statement of Trustees
’
Responsibilities		 4
3
Independent Auditor’s Report 4
5
Financial
S
tatements		 50
Consolidated Statement of Financial Activities 50
Charity Statement of Financial Activities 5
2
Consolidated Balance Sheet 5
3
Charity Balance Sheet 5
4
Consolidated Statement of Cash Flows 5
5
Charity Statement of Cash Flows 5
6
Notes to the Financial Statements 5
7
Reference and Administrative Details 9
5

•

•

•

•

•

•

but were not limited to testing manual journal entries and other adjustments. evaluating the business rationale in relation to signifi'cant, unusual transactions and transactions entered into outside the normal course of business, challenging judgments and estimates. testing a sample of invoices, funding agreements and donations around year end to confi'rrn cut-off, and agreeing a sample of invoices raised and income recognised in the year to source contracts, funding agreements. and other donation and legacy documentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at http'./lwww.frc.org.uklauditorsi'esponsibilities. This description foms part of our auditor's report. Use of our report This report is made exclusively to the membcrs, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. and to the charitable company's Trustees, as a body. in accordance with section 441111cl of the Charities and Trustee Investment Iscotlandl Act 2005 and regulation 10 of the Charities Accounts Iscotlandl Regulations 2006 las amended). Our audit work has been undertaken so that we might state to the members and the charitable company s Trustees those matters we are required to state to them in an auditor s report and for no other purpose. To Ihe fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company, its members as a body, and its Trustees as a body, for our audit work, for this report. or for the opinion5 we have formed, KGrry Gallaghsr KERRY GALLAGHER (Senior Statutory Auditor) For and on behalf of RSM UK AUDIT LLP. Statutory Auditor Chartered Accountants Jecond Floor, l The Square. Temple Quay, Bristol, BSI 6DG Date 02110125 RSM UK AUDIT LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 49 Soll Association Limited ffhel Company Registration Number.. 00409726 Registered Charity Number.. 206862 Registered Charity Number lin Scotlandl.. SC039168

----------------------- ----------------------- ----------------------- -----------------------
21,1
5
4		 3,722 24,8
7
6		 21,508
=========== =========== =========== ==========
206 - 206 151
----------------------- ----------------------- ----------------------- -----------------------
19,982 4,668 24
,
650		 21,658
=========== =========== =========== ==========
7 - 7 9
----------------------- ----------------------- ----------------------- -----------------------
1,179 (946) 233 (141)
=========== =========== =========== ==========
Consolidated S
tatement of
F
inancial
A
ctivities (continued)
F
inancial
A
ctivities (continued)
Unrestricted Restricted Total Total
funds funds funds funds
Note 202
5		 202
5		 202
5		 202
4
(restated*)
£000 £000 £000 £000
RECONCILIATION OF FUNDS
Total funds brought forward 3,703 8,900 12,603 12,744
----------------------- ----------------------- ----------------------- -----------------------
Total funds carried forward 22 4,882 7,954 12,836 12,603
=========== =========== =========== ===========
The accompanying notes on pages 5
7
to
94
are
an integral part of the consolidated
financial statements.
51
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
Charity
S
tatement of		 F
inancial		 F
inancial		 A
ctivities		 A
ctivities
(incorporating an income and expenditure account)
for theyear ended 31 March 202 5
Unrestricted Restricted Total Total
funds funds funds funds
Note 202
5		 202
5		 202
5		 202
4
£000 £000 £000 £000
INCOME FROM:
Donation and legacies 2 2,841 607 3,448 1,859
Charitable activities 3 1,828 2,493 4,321 5,216
Other trading activities 4 64 - 64 30
Investment income 5 1,843 - 1,843 1,043
----------------------- ----------------------- ----------------------- -----------------------
Total income 6,576 3,100 9,676 8,148
=========== ========== =========== ==========
EXPENDITURE ON:
Raising funds 1,057 21 1,078 1,069
Charitable activities 6 4,32
8		 4,010 8,33
8		 7,620
Release of creditor 7 - - - (690)
----------------------- ----------------------- ----------------------- ------------------------
Total expenditure 9 5,38
5		 4,031 9,41
6		 7,999
=========== =========== =========== ===========
Net
gain / (loss)
on investments		 15 7 - 7 9
----------------------- ----------------------- ----------------------- ---------------------
Net
income / (
expenditure
)
and net movement in funds 1,198 (931) 267 158
========== =========== =========== ==========
RECONCILIATION OF FUNDS
Total funds brought forward 3,858 2,321 6,179 6,021
----------------------- ----------------------- ----------------------- ---------------------------
Total funds carried forward 22 5,056 1,390 6,446 6,179
========== ========== ========== ===========
The accompanying notes on pages 57 to 94
are		 an integral part of the consolidated
financial statements.
52
Soil Association L
imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
Consolidated B
alance
S
heet
S
heet
As at 31 March 202
5
202
5		 202
5		 202
4		 202
4
Note £000 £000 £000 £000
FIXED ASSETS
Intangible assets 13 1
1
4		 211
Tangible assets 14 9,09
3		 9,
164
Investments 15 158 1
52
----------------------- -----------------------
9,36
5		 9,
527
CURRENT ASSETS
Debtors 16 6,71
5		 6,746
Cash at bank and in hand 6,75
3		 5
,
791
----------------------- -----------------------
13,46
8		 1
2,537
CREDITORS: Amounts falling due
within one year 17 (
8,815
)		 (
8,139		 )
----------------------- -----------------------
NET CURRENT ASSETS 4,653 4
,
398
----------------------- -----------------------
TOTAL ASSETS LESS CURRENT
LIABILITIES 14,018 13,925
CREDITORS: Amounts falling due
after more than one year 18 (1,182) (1,
322
)
----------------------- -----------------------
NET ASSETS 12,836 1
2
,
603
=========== ==========
FUNDS AND RESERVES
Unrestricted funds:
Designated funds 21 3,
200		 2,
791
General unrestricted funds 1,682 912
---------------------- -----------------------
4,882 3
,
703
Restricted funds 22 7,954 8,900
----------------------- -----------------------
TOTAL FUNDS 22 12,836 1
2
,
603
=========== ==========
The accompanying notes on pages 57 to 94 are an integral part of the consolidated
financial statements.
These financial statements were approved by the Board of Trustees on
29
th
September
2025
and signed on their behalf by:
Martin Nye, Chair of the Board of Trustees
53
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
Charity
B
alance
S
**heet **		 Charity
B
alance
S
**heet **		 Charity
B
alance
S
**heet **
for theyear ended 31 March 202 5
202
5		 202
5		 202
4		 202
4
Note £000 £000 £000 £000
FIXED ASSETS
Intangible assets 13 10 50
Tangible assets 14 3,12
7		 3,
195
Investments 15 784 1
52
---------------------- -----------------------
3,92
1		 3,
397
CURRENT ASSETS
Debtors 16 4,017 3,
683
Cash at bank and in hand 1,07
5		 1,601
---------------------- -----------------------
5,
092		 5
,
284
CREDITORS: Amounts falling due
within one year 17 (1,385) (1,
180		 )
---------------------- -----------------------
NET CURRENT ASSETS 3,707 4,104
----------------------- ----------------------
TOTAL ASSETS LESS CURRENT 7,628 7
,
501
LIABILITIES
CREDITORS: Amounts falling due
after more than one year 18 (1,182) (1,
322
)
----------------------- -----------------------
NET ASSETS 6,446 6
,
179
=========== ==========
FUNDS AND RESERVES
Unrestricted funds:
Designated funds 21 3,09
9		 2,
633
General unrestricted funds 1,957 1
,
225
---------------------- -----------------------
5,056 3
,
858
Restricted funds 22 1,3
90		 2
,
321
----------------------- -----------------------
TOTAL FUNDS 22 6,446 6
,
179
=========== ==========
The accompanying notes on pages 57 to 94
are
an integral part of the consolidated
financial statements.
These financial statements were approved by the Board of Trustees on
29
th
September
2025
and signed on their behalf		 by:
Martin Nye
,
Chair of the Board		 of Trustees
54
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
Note
Net cash inflow
from operating activities
23
Cash flow
s
from investing activities:
Cash receipts from sale of investments
Purchase of software, plant and equipment
Cash
out
flows from financing activities:
Repayments of borrowing
Interest paid on borrowing
Increase
in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year
23		 202
5
£000
1,16
6
1
(24)
(23)
(135)
(46)
(181)
96
2
5,791
6,75
3		 202
4
£000
729
-
(27)
(27)
(131)
(51)
(182)
520
5,271
5,791
Note
Net cash inflow
/ (outflow)
from operating activities
23
Cash flow
s
from investing activities:
Cash receipts from sale of investments
Purchase of s
hare capital in subsidiary
Purchase of software, plant and equipment
Cash
out
flows from financing activities:
Repayments of borrowing
Interest paid on borrowing
Decrease
in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year
23		 202
5
£000
29
4
1
(626)
(14)
(
639
)
(135)
(46)
(181)
(52
6
)
1,601
1,07
5		 202
4
£000
(632)
-
-
(19)
(19)
(131)
(51)
(182)
(833)
2,434
1,601

Donations
Legacies
Membership		 Unrestricted
Funds
£000
1,741
225
875
2,841		 Restricted
funds
£000
710
-
-
710		 202
5
Total
£000
2,451
225
875
3,551		 Unrestricted
Funds
£000
558
94
787
1,439		 Restricted
funds
£000
443
76
-
519		 202
4
Total
£000
1,001
170
787
1,958

Donations
Legacies
Membership		 Unrestricted
Funds
£000
1,741
225
875
2,841		 Restricted
funds
£000
607
-
-
607		 202
5
Total
£000
2,348
225
875
3,448		 Unrestricted
Funds
£000
558
94
787
1,439		 Restricted
funds
£000
420
-
-
420		 202
4
Total
£000
978
94
787
1,859

Contract and
consultancy
income
Certification
income
Exchange
income
Grants
receivable		 Unrestricted
Funds
£000
1,
187
13,728
2,309
-
17,2
2
4		 Restricted
funds
£000
119
-
-
2,808
2,927		 20
25
Total
£000
1,3
0
6
13,728
2,309
2,808
20,1
5
1		 Unrestricted
Funds
£000
1,328
12,075
1,
772
-
15,175		 Restricted
funds
£000
68
-
-
3,501
3,569		 202
4
Total
£000
1,396
12,075
1,
772
3,501
18,744
Contract and
consultancy
income
S
ubsidiary
licence fee
s
Grants
receivable		 Unrestricted
Funds
£000
1,207
621
-
1,828		 Restricted
funds
£000
-
-
2,493
2,493		 202
5
Total
£000
1,207
621
2,493
4,321		 Unrestricted
Funds
£000
1,328
483
-
1,811		 Restricted
funds
£000
-
-
3,405
3,405		 202
4
Total
£000
1,328
483
3,405
5,216

Royalty
income
Rental
income
Sundry
income
Other
trading
income		 Unrestricted
Funds
£000
5
17
44
955
1,021		 Restricted
funds
£000
-
76
7
-
83		 202
5
Total
£000
5
93
51
955
1,104		 Unrestricted
Funds
£000
6
1
23
692
722		 Restricted
funds
£000
-
49
8
-
57		 202
4
Total
£000
6
50
31
692
779

Royalty
income
Rental
income
Sundry
income		 Unrestricted
Funds
£000
3
17
44
64		 Restricted
funds
£000
-
-
-
-		 202
5
Total
£000
3
17
44
64		 Unrestricted
Funds
£
000
6
1
23
30		 Restricted
funds
£000
-
-
-
-		 202
4
Total
£000
6
1
23
30

Group
Bank interest
Charity
Gift Aid from
subsidiaries
Bank interest		 Unrestricted
Funds
£000
68
68
Unrestricted
Funds
£000
1,831
12
1,843		 Restricted
funds
£000
2
2
Restricted
funds
£000
-
-
-		 202
5
Total
£000
70
70
202
5
Total
£000
1,831
12
1,843		 Unrestricted
Funds
£000
24
24
Unrestricted
Funds
£000
1,031
12
1,043		 Restricted
funds
£000
3
3
Restricted
funds
£000
-
-
-		 202
4
Total
£000
27
27
202
4
Total
£000
1,031
12
1,043

**roup **
Farming and
land use
transition
Healthy and
sustainable
diets
Certification
costs
Exchange
costs		 Unrestricted
Funds
£000
1,68
1
2,647
12,
462
1,929
18,
719		 Restricted
funds
£000
2,34
6
2,30
1
-
-
4,647		 2025
Total
£000
4,02
7
4,94
8
12,
462
1,929
23,
366		 Unrestricted
Funds
£000
1,449
2,264
11,580
1,509
16,8
0
2		 Restricted
funds
£000
2,036
2,290
-
-
4,
3
2
6		 2024
Total
£000
3,485
4,554
11,580
1,509
21,
128

Farming and
land use
transition
Healthy and
sustainable
diets		 Unrestricted
Funds
£000
1,68
1
2,647
4,3
28		 Restricted
funds
£000
1,709
2,301
4,010		 2025
Total
£000
3,39
0
4,948
8,
338		 Unrestricted
Funds
£000
1,455
2,264
3,7
19		 Restricted
funds
£000
1,611
2,290
3,901		 2024
Total
£000
3,066
4,554
7,
620
202
5		 202
4
No. No.
----------------------- -----------------------
27
66
81
227		 27
55
82
204
15 11
--------------------- -----------------------
416 379
========== ===========
13,217
1,347		 11,595
1,198
565 4
89
--------------------- -----------------------
15,129 1
3,282
========== ==========
202
5		 202
4
No. No.
----------------------- -----------------------
23 2
4
61 55
81 8
2
--------------------- -----------------------
165 1
61
========== ==========
5,686
582		 5,125
521
251 2
22
----------------------- -----------------------
6,519 5,
868
=========== ==========
29 28 29 28
53 54 53 38
---------------------- ----------------------- ---------------------- ----------------------
82 82 82 66
========== ========== ========== ==========
£70,001 to £80,000
£80,001 to £90,000
£90,001 to £100,000
£
110
,001 to £1
20
,000
4
3
1
1
 4
1
1
2		 1
1
1
-		 2
-
1
-
£120,001 to £130,000 1 - - -
---------------------- --------------------- ------------------------ ----------------------
2
3		 12 10 4
========== ========== =========== ==========
_Group _ _Group _ _Charity _ _Charity _
202
5		 202
4		 202
5		 202
4
£000 £000 £000 £000
Contributions to defined contribution pension
schemes for the above higher paid staff
amounted to 83 40 35 12
======= ======= ======= ======
2 2
- -
========= ========= ========= ========
Group
Fundraising
Farming and land use
transition
Healthy and sustainable
diet
s
Creditor release
Certification costs
Exchange costs
Other trading activities		 Support
costs
£000
76
208
302
-
-
-
-
586		 Direct
costs
£000
1,002
3,819
4,646
-
12,
462
1,929
206
24,064		 202
5
Total
£000
1,078
4,027
4,948
-
12,462
1,929
206
24,650		 Support
costs
£000
84
199
311
-
-
-
-
594		 Direct
costs
£000
985
3,286
4,243
(690)
11,580
1,509
151
21,064		 202
4
Total
£000
1,069
3,485
4,554
(690)
11,580
1,509
151
21,658

311 4,243 4,554

46
19
95
97
35		 51
25
99
115
27
48 44
========== ==========
46
3
83
40
35		 51
7
87
62
27
11 11
========== ==========

•

•

12.
Taxation
(continued)
It is the intention that some profits of Soil Exchange Limited, when they arise in the future,
will be donated to the Charity and some will be retained in the company to support its
growth. Any profits retained will be subject to corporation tax.
13.
Intangible Assets
Group
Software Goodwill Total
£000 £000 £000
Cost
At 1 April 202
4
and 31 March 2025		 1,
100		 2,050 3,
150
Amortisation
At 1 April 202
4		 889 2,050 2,
939
Charge for the year 97 - 97
----------------------- ----------------------- ----------------------
At 31 March 202
5		 986 2,050 3,036
----------------------- ----------------------- -----------------------
Net book value
At 31 March 202
5		 114 - 114
========== ========== ==========
At 31 March 202
4		 211 - 211
========== ========== ==========
Charity Software
£000
Cost
At 1 April 202
4
and 31 March 202
5		 366
-----------------------
Amortisation
At 1 April 202
4		 316
Charge for the year 40
-----------------------
At 31 March 2025 356
-----------------------
Net book value
At 31 March 2025 10
==========
At 31 March 2024 50
==========
Amortisation is included in support costs in the SOFA and split between costs of
fundraising, farming and land use transition and healthy and sustainable diets based on
headcount (
see
note 11).
74
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
14. Tangible Fixed Assets
**Group **
Leasehold / Machinery
Freehold land building and office
and buildings
improvements		 equipment Total
£000 £000 £000 £000
Cost
At 1 April 2024 9,248 55 583 9,886
Additions - - 24 24
----------------------- ----------------------- ----------------------- ----------------------
At 31 March 2025 9,248 55 607 9,910
----------------------- ----------------------- ----------------------- ----------------------
Depreciation
At 1 April 2024 289 23 410 722
Charge for year 50 6 40 96
----------------------- ----------------------- ----------------------- ----------------------
At 31 March 202
5		 339 29 450 818
----------------------- ----------------------- ----------------------- ----------------------
Net book value
At 31 March 202
5		 8,909 26 157 9,092
========== ========== ========== ==========
At 31 March 2024 8,959 32 173 9,164
========== ========== ========== ==========
Group freehold land and buildings represents our Bristol
H
ead
Office		 plus the farms
owned by Soil Association Land Trust.
75
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
14. Tangible Fixed Assets (continued)
Charity
Freehold land Leasehold Office
and buildings
improvements		 equipment Total
£000 £000 £000 £000
Cost
At 1 April 202
4		 3,386 12 4
28		 3,8
26
Additions - - 14 14
----------------------- ----------------------- ----------------------- ----------------------
At 31 March 202
5		 3,386 12 442 3,840
----------------------- ----------------------- ----------------------- ----------------------
Depreciation
At 1 April 2024 289 11 331 631
Charge for year 50 1 31 8
2
----------------------- ----------------------- ----------------------- ----------------------
At 31 March 202
5		 339 1
2		 362 71
3
----------------------- ----------------------- ----------------------- ----------------------
Net book value
At 31 March 202
5		 3,047 - 80 3,127
========== ========== ========== ==========
At 31 March 202
4		 3,
097		 1 97 3,
195
========== ========== ========== ==========
Charity freehold land and buildings represents our Bristol Head Office.
76
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
152
(1)		 1
43
-
7 9
---------------------- ----------------------
158 1
52
========== ==========
140 138
========== ==========
18 14
========== ==========

===========

SA
Certification
Certagrosilva S.L.
SA Sales and
Services
£000
£000
£000
Income statement / Statement of financial activities
Donations
-
-
-
Legacies
-
-
-
Income from sales
13,907
-
1,038
Grants receivable
102
-
-
Turnover
14,009
-
1,038
Cost of sales
(
6
,969
)
(61)
(253)
Gross profit / (loss)
7,0
40
(61
)
785
Administration
expenses
(
6,045
)
(10)
(6)
Other income
13
1
-
Interest receivable
-
-
44
Net profit / (loss)
1,008
(70)
823
Gift Aid payable
(
1,008
)
-
(823)
Retained in
subsidiaries
-
(70)
-
Balance sheet
Fixed assets
107
-
-
Current assets
6,984
13
1,260
Current liabilities
(7,059)
(171)
(1,233)
Long
-
term liabilities
-
-
-
Net assets /
(liabilities)
32
(158)
27		 Soil Exchange
£000
-
-
2,048
179
2,227
(
1,988
)
239
(1
87
)
-
-
52
-
52
-
2,050
(1,492)
-
558		 S
A
. Land Trust
£000
103
-
203
331
637
(654)
(17)
-
-
2
(15)
-
(15)
5,969
692
(94)
-
6,567		 202
5
Total
£000
103
-
17,196
612
17,911
(9,9
25
)
7,9
86
(6,
248
)
14
46
1,
798
(1,
831
)
(
33
)
6,076
10,999
(10,049)
-
7,026		 202
4
Total
£000
23
76
14,601
422
15,122
(8,417)
6,705
(6,014)
14
3
1
736
(1,031)
(295)
6,135
9,072
(8,776)
-
6,431
4,523
-		 4,506
-		 157
2,
347		 348
1,
759
2,192 2,240 1,513 1,576
----------------------- ----------------------- ----------------------- ----------------------
6,715 6,746 4,0
17		 3,
68
3
=========== ========== ========== ==========
140
972
4,253
1,081
-		 1
35
1,027
4,022
1,062
-		 140
443
481
152
128		 1
35
289
583
1
38
-
2,369 1,893 41 35
----------------------- ----------------------- ----------------------- ----------------------
8,815 8,139 1,385 1,
180
========== ========== ========== ==========
3,001
3,280
 1,
713
2,990
-
126		 -
-
(3,001) (1,702) - -
---------------------- ---------------------- ---------------------- --------------------
3,280 3,001 12
6		 -
========== ========== ========== =========
)
145

464		 140
449		 145
464		 140
449
573 733 573 733
------------------- ----------------------- --------------------- ----------------------
1,182 1,
322		 1,182 1,
322
========= ========== ========== ==========
- 26 - 36
---------------------- ----------------------- ----------------------- ----------------------
3 5
3		 3 79
========== ========== ========== ========
--------------------- ---------------------- ---------------------- ----------------------
3 37 3 47
========== ========== ========== ==========
6 - 6 -
---------------------- ----------------------- ----------------------- ----------------------
104 5 97 -
========== ========== ========== ========
202
5
and and
uildings
£000		 202
5
Other
£000
202
4
Land and
buildings
£000		 202
4
Other
£000
- 5 - -
--------------------- ---------------------- ---------------------- ----------------------
- 5 - -
========== ========== ========== ==========
------------------- ------------------- -------------------
2,791 409 3,200
======== ========= =========
Transfers from
Balance at income and Balance at
31 Mar expenditure 31 Mar
202
4		 account 202
5
£000 £000 £000
1,923 32 1,955
350 - 350
360 434 794
----------------- ----------------- -----------------
2,633 4
66		 3,099
======= ======== ========
22.
_Total Funds _
**Group **
At 31 Mar Unrealised At 31 Mar
202
4		 Income Expend gains 202
5
£000 £000 £000 £000 £000
Unrestricted funds 3,703 21,154 (
19,982
)		 7 4,882
---------------- ---------------- ---------------- ---------------- ----------------
Restricted funds:
SA Land Trust 6,582 639 (654) - 6,567
Farming and land use transition:
Forestry Commission
–
Whole Farm
Tree Plan		 - 161 (161) - -
King Charles III Charitable Fund
(formerly Prince of Wales' Charitable 100 - (100) - -
Foundation)
Other 1,226 1,101 (1,369) - 958
---------------- ---------------- ---------------- ---------------- ----------------
Total Farming and land use transition 1,326 1,262 (1,630) - 958
---------------- ---------------- ---------------- ---------------- ----------------
Healthy and sustainable diets:
The National Lottery Community
Fund
–
Food
for
Life Get Togethers		 72 - (67) - 5
The National Lottery Community
Fund and Esm é
e Fairbairn Foundation		 600 226 (739) - 87
-
Sustainable Food Places phase three
The National Lottery Community
Fund
-
Sustainable Food Places phase		 - 140 (77) - 63
3 extension
Esmée Fairbairn Foundation
-
Sustainable Food Places phase 4		 - 250 (224) - 26
Other 113 1,130 (1,157) 86
---------------- ---------------- ---------------- ---------------- ----------------
Total Healthy and sustainable diets 785 1,746 (2,264) - 267
---------------- ---------------- ---------------- ---------------- ----------------
Waterloo Foundation - 60 - - 60
Esmée Fairbairn Core Funding 200 - (100) - 100
Fundraising 7 15 (20) - 2
---------------- ---------------- -------------------- ---------------- ----------------
Total restricted funds 8,900 3,722 (4,668) - 7,954
------------------ ------------------ -------------------- ------------------- ------------------
Total funds 12,603 24,876 (
24,650
)		 7 12,836
========= ========= ========= ========= =========
85
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
22. Total funds (continued)
Group prior year
At 31 Transfer
Mar Unrealised between At 31 Mar
202
3		 Income Expend losses funds 202
4
£000 £000 £000 £000 £000 £000
Unrestricted funds 3,663 17,360 (1
7,329
)		 9 3,703
---------------- ---------------- ---------------- ---------------- ---------------- ----------------
Restricted funds:
SA Land Trust 6,683 331
(
432
)		 - 6,582
Farming and land use transition:
NEIRF
–
Agroforestry Carbon Code		 - 17
(
17
)		 - -
The Prince of Wales’s Charitable Fund 250 -
(
150
)		 - 100
Other 872 1,
720
(1,
3
66
)		 - 1,226
---------------- ----------------
----------------		 ---------------- ---------------- ----------------
Total Farming and land use transition 1,122 1,
73
7
(1
,533
)		 - 1,326
---------------- ----------------
----------------		 ---------------- ---------------- ----------------
Healthy and sustainable diets:
The National Lottery Community -
Fund
–
Better Care		 - -
-		 - -
The National Lottery Community
Fund
–
Food
for
Life Get Togethers		 428 -
(
356
)		 - - 72
The National Lottery Community
Fund and Esm é
e Fairbairn Foundation		 688 885
(
973
)		 - - 600
-
Sustainable Food Places phase three
The National Lottery Community
Fund
–
Covid
-
19 Emergency Funding		 139 -
(
139
)		 - - -
Other 11 845
(
743
)		 113
---------------- ----------------
----------------		 ---------------- ---------------- ----------------
Total Healthy and sustainable diets 1,266 1,
730
(
2,211
)		 - - 785
---------------- ----------------
----------------		 ---------------- ---------------- ----------------
Esmée Fairbairn Core Funding - 350
(150)		 - - 200
Samworth Foundation
-
Citizen		 -
Insight & Digital Transformation - -
-		 -
Fundraising 10 -
(3)		 - - 7
---------------- ----------------
--------------------		 ---------------- ---------------- ----------------
Total restricted funds 9,081 4,148
(4,329)		 - 8,900
------------------ ------------------
--------------------		 ------------------- ---------------- ------------------
Total funds 12,744 21,508
(21,658)		 9 - 12,603
========= =========
=========		 ========= ========= =========
86
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
£000
3,858		 £000
6,576		 £000
(5,385)
 £000
7		 £000
5,056
2,321 3,100 (4,031) - 1,390
----------------- ---------------- ---------------- ----------------- -----------------
6,179 9,676 (9,416) 7 6,446
======== ======== ======== ======== ========
£000
3,621		 £000
4,323		 £000
(4,095)		 £000
9		 £000
3,858
2,400 3,825 (3,904) - 2,321
----------------- ---------------- ---------------- ----------------- -----------------
6,021 8,148 (7,999) 9 6,179
======== ======== ======== ======== ========
3,396 2,668 (1,182) 4,
882
5,969 1,985 - 7,954
----------------------- ----------------------- ---------------------- ----------------------
9,365 4,
653		 (1,182) 12,
836
========== ========== ========== ==========
3,921 2,3
17		 (1,182) 5,
056
- 1,390 - 1,390
----------------------- ----------------------- ----------------------- ----------------------
3,921 3,7
07		 (1,182) 6,
446
========== ========== ========== ==========
23.
Cash Flow Information
**Group **
Reconciliation of changes in resources to net cash inflow 202
5		 202
4
from operating activities £000 £000
Net
surplus / (
deficit
)
for the year		 233 (141)
Add back depreciation charged 95 99
Add back amortisation charged 97 115
Remove unrealised gain
o
n investments		 (7)
(9)
Add back interest paid 46 51
Decrease
/ (i
ncrease
)
in debtors		 31 (1,217)
Increase
in creditors		 536 1,700
Add back decrease in creditors from financing activities 135 131
(shown on face of cashflow)
---------------------- ----------------------
Net cash
inflow
from operating activities		 1,166 729
========== ==========
Analysis of cash and cash equivalents
At 1 April At 31 March
202
4		 Cash flow 202
5
£000 £000 £000
Cash at bank and in hand 5
,
791		 962 6,753
Analysis of changes in net debt
Other
non
-
At 1 April Cash cash
At		 31 March
202
4		 flow
changes		 202
5
£000 £000 £000 £000
Cash at bank and in hand 5,791 962
-		 6,753
Loans falling due within one
year		 (135) 135
(140)		 (140)
Loans falling due after one year (1,322) -
140		 (1,182)
Total 4,334 1,097
-		 5,431
89
Soil Association L
imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
23. Cash flow information (continued)
Charity
Reconciliation of changes in resources to net cash inflow 202
5		 202
4
from operating activities: £000 £000
Net
surplus
for the year		 267 158
Add back depreciation charged 82 87
Add back amortisation charged 40 62
Remove unrealised loss on investments (7)
(9)
Add back interest paid (shown on face of cashflow statement) 46 51
Increase in debtors (
334		 )
(320)
Increase / (d
ecrease
)
in creditors		 65 (792)
Add back decrease in creditors from financing activities 135 131
(shown on face of cashflow)
-------------------- ----------------------
Net cash
inflow / (
outflow
)
from operating activities		 294 (632)
========= ==========
Analysis of cash and cash equivalents
At 1 April At 31 March
202
4		 Cash flow 202
5
£000 £000 £000
Cash at bank and in hand 1,601 (526) 1,075
Analysis of changes in net debt
Other
non -
At 1 April Cash cash
At		 31 March
202
4		 flow
changes		 202
5
£000 £000 £000 £000
Cash at bank and in hand 1,601 (526) - 1,075
Loans falling due within one
year		 (135) 135
(140)		 (140)
Loans falling due after one year (1,322) -
140		 (1,182)
Total 144 (391) - (247)
90
Soil Association L imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168
158 1
52		 158 1
52
---------------- ------------------- ------------------ -----------------
2
7
. Comparative Consolidated Statement of Financial Activities		 2
7
. Comparative Consolidated Statement of Financial Activities		 2
7
. Comparative Consolidated Statement of Financial Activities		 2
7
. Comparative Consolidated Statement of Financial Activities
Unrestricted Restricted Total Total
funds funds funds funds
Note
202
4		 202
4		 202
4		 202
3
(restated*)
£000 £000 £000 £000
INCOME FROM:
Donations and legacies 2 1,439 519 1,958 2
,
155
Charitable activities 3 15,175 3,569 18,744 1
6,140
Other trading activities 4 722 57 779 239
Investment income 5 24 3 27 1
4
----------------------- ----------------------- ----------------------- -----------------------
Total income 17,360 4,148 21,508 1
8
,
548
=========== =========== =========== ==========
EXPENDITURE ON:
Raising funds 1,066 3 1,069 89
7
Charitable activities 6 16,802 4,326 21,128 18
,8
97
Release of creditor 7 (690) - (690)
-
Other trading activities 151 - 151 966
----------------------- ----------------------- ----------------------- -----------------------
Total expenditure 9 17,329 4,329 21,658 20
,
760
=========== =========== =========== ==========
Net gain / (loss) on investments 15 9 - 9 (7)
----------------------- ----------------------- ----------------------- -----------------------
Net expenditure
and net movement in funds 40 (181) (141)
(2,219)
=========== =========== =========== ==========
RECONCILIATION OF FUNDS
Total funds brought forward 3,663 9,081 12,744 14,963
----------------------- ----------------------- ----------------------- -----------------------
Total funds carried forward 22 3,703 8,900 12,603 12,744
=========== =========== =========== ===========
* Exchange income and expenditure w ere
included under		 ‘other trading activities’ in the
2022
-
23 accounts. This		 was
restated as income and expenditure from charitable
activities.
94
Soil Association L
imited (The)
Company Registration Number: 00409726
Registered Charity Number: 206862
Registered Charity Number (in Scotland): SC039168

www.soilassociat on.org