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2021-12-31-accounts

REGISTERED COMPANY NUMBER: 00244591 (England and Wales) REGISTERED CHARITY NUMBER: 212527

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31st December 2021

for

Women's Farm & Garden Association(The)

JD Frost Accountants Chartered Accountants 7 Links View Cirencester Gloucestershire GL7 2NF

Women's Farm & Garden Association(The)

Contents of the Financial Statements for the Year Ended 31st December 2021

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 17
Detailed Statement of Financial Activities 18 to 19

Women's Farm & Garden Association(The)

Report of the Trustees for the Year Ended 31st December 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2021. The trustees have adopted the provisions of 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

ACHIEVEMENT AND PERFORMANCE Charitable activities Summary of the Year

The ongoing challenges of the pandemic were unexpectedly long and we did not anticipate another year of such difficulties. However, I am pleased to report that the Charity and its activities have had a solid year putting in a better performance than 2020. And we continue to learn and adapt to our new operational environment to stay effective.

As Chair, I would like to take this opportunity to thank all involved with the organisation for their dedication and hard work during 2021. We continue to solidify the significant amount of interest in all areas of horticulture and the study of the topic. We aim to continue to move forward on a profitable and sound footing.

The adaption to our 'working name' Working for Gardeners Association has been smooth and somewhat overshadowed by the pandemic.

Our ongoing communication, networking and relationship building within the horticultural industry continues to help raise our profile with the RHS, NGS, Perennial, to name a few. Our membership has grown remarkably as detailed below.

WFGA Membership

Our membership continues to grow and once again in 2021 with growth of 575 new members (vs +546 in 2020). We are delighted that our renewal rate is good and that existing membership continues to renew.

We aim to offer more to our membership and have widened our benefits structure. Members enjoy the timely information delivered via our website and mailchimp emails, as well as our other benefits including newsletter.

We expanded our zoom-based workshops, talks and events especially during the first few months of 2021 in the second lockdown. These have been very well received especially by those who are now able to join from all over the country rather than travelling to an event, so a positive development for our membership going forward.

The WRAG Scheme 2021

The WRAG scheme this year has obviously been extremely challenging with a total of 135 placements in 2021 (vs 88 the previous year). Our Regional Manager team around the country and our office worked hard to ensure as much continuity as possible. And the number of trainees in gardens is impressive despite the backdrop. We are pleased to say that most of our trainees were able to return to complete their training this year without any major disruptions.

Our challenge to find suitable Gardens continues across the country. Focused advertising especially for suitable gardens via social media and work with Trustees has enable some waiting lists to be tackled by RMs. All sorts of avenues are being explored to ensure we spread the word to Garden owners about the Scheme.

Regional Managers. We now have a total of 17 Regional Managers. We have hired one RM during the year, and that was Grace G in the West Midlands, Derbyshire, Staffs area.

Mentoring and supporting them all is Judith B., RM Bristol/Bath/Somerset. Judith's role is one of the most vital. As our Regional Manager Liaison, she works hard to communicate and support Regional Managers in all areas of their role. She also works with the Chair and the office in all areas of documentation. The use of technology, zoom and what's app communications have enabled to team to work efficiently together. And our Annual RM meeting this year will once again be via zoom.

Page 1

Women's Farm & Garden Association(The)

Report of the Trustees for the Year Ended 31st December 2021

ACHIEVEMENT AND PERFORMANCE Workshops, Skills Days, & Tours

A key part of the income for the WFGA, 2021 was a good year. For lockdown 2 at the beginning of 2021, it continued to be a lot of work behind the scenes at the office, to unwind all those events planned and monitor government guidelines as per lockdown 1.

But our 2021 programme was significantly enhanced with more of our own online platform of events, talks and workshops. These have been very well received especially by those who are able to join from all over the country, so a positive development for our membership going forward. This has resulted in successful revenues from this area in 2021.

We were unable to organise any trips or tours in 2021 and have put those to one side to revisit in 2023.

The Office

2021 was also a good year for the team. Despite the office being closed until March, Julia and Tracy were able to work at home successfully. They both handled the second covid crisis extremely well and were able to visit the office individually when necessary. There was no disruption to their administrative services. They continue to deal with all enquiries and the day-to-day issues that arise including huge email traffic. They continue to conduct a number of different roles; from accounts, bursary payment management, to hands on logistics of the workshop programme and tours.

I am pleased to say that we did not have to furlough any of our Staff during 2021.

The WFGA Board

The Board had a good year. We met five times over zoom which we now regarded as a very good use of time rather than driving around the country. Certainly we do hope to meet in person once or twice a year in the future to be discussed. We were fortunate to welcome two new trustees onto the Board. Christabel Boersma is our Newsletter Editor as well as a WRAG graduate joined us in March 2021. Amanda Ponsonby accepted our invitation to join us in October, she is an Oxfordshire based garden owner with WRAG trainees in her garden. The Board will be able to use her experience and insights in this area. The Board will continue to work on building out the Board of Trustees with specific skillsets in future.

Communications

Positive messaging continued to be a key part of our operations this year. Members have been very receptive to our twice monthly mailchimps in between the newsletter issues.

Through these regular membership emails, we are able to advertise our Workshops & Skills days and get very quick responses and positive feedback. These combined with our ongoing website updates, social media links, have developed in a positive way, spreading the word to all those involved from garden owners, head gardeners to potential new members.

The ongoing positive impact of our redesigned website (2018) continues to drive overall increased activity. We continue to monitor and make changes to various parts of the website, including the Forum.

Our quarterly newsletter continues to receive quality input from members, RMs and staff. We are delighted with the results and thank Christabel Boersma for her ongoing work as Editor. Christabel became a Trustee in March 2021. The newsletter continues to be a solid benefit to members and contributions are welcomed.

Bursaries

We continue to work with the Christine Ladley Fund and thank Lars-Olav Nicols for his support in this. In 2021 the Fund supported 10 WRAGS graduates / WFGA Members with awards to fund gardening equipment, tools and further education and training opportunities.

Page 2

Women's Farm & Garden Association(The)

Report of the Trustees for the Year Ended 31st December 2021

ACHIEVEMENT AND PERFORMANCE

Our relationship with the NGS continued into its 5th year of our Bursary. We were able to offer the Bursary to 10 Gardens through fully funded or half funded trainee grants. We are pleased to say some of these gardens have opened for the NGS for the first time, and some have taken on further trainees or hosted workshops for the WFGA. Another thank you to our Regional Managers and especially Tracy in the Office for their administration in making these placements happen and to keep up the hard work during the pandemic. Towards the end of the year, the NGS were able to offer the Bursary again for gardens going into 2022 and we are wo rking now to allocate those funds.

We also received Bursary funds from the George Cadbury Foundation , for supporting two gardens in and around Birmingham. These have been gratefully received.

Finally, as Chair, you will have seen above. Whilst another difficult year for everyone, I believe we are stronger for it and we have done an amazing job in stabilising the Charity.

I am confident that we have steered the Charity in the right direction. I believe we can cope better with challenges in the future (hopefully not another pandemic!). We can embrace the opportunities these changes will bring. We continue to be considered in high regard by the many UK horticultural organisations and we look forward to working with them in future.

Once again, I would like to take this opportunity to thank my colleagues for all their support and hard work throughout this year, it has been invaluable.

FINANCIAL REVIEW

Financial position

2021 was a year of recovery for the WFGA. As the vaccine program was rolled out and gardens started to open up with fewer restrictions, the Regional Managers were able to gradually increase their activities across the country, and trainee registration fees increased to £83,150 by the end of the year compared to £47,828 at the end of 2020. Income received from subscriptions again increased to £38,139, and garden owner subscriptions almost doubled to £4,149. Gift Aid totalling £5,737 reflects the subscriptions received during 2020

As the WFGA embraced digital technology along with the rest of the world to aid communication, we offered talks via Zoom which have proved very successful. There was still too much uncertainty to resume a full program of garden tours, workshops, and practical skills days and so the majority of the net income of £12,048 was generated from the digital method of delivery. This compares with £6,249 in 2020 and £12,475 in 2019.

The WFGA net income for 2021 of £39,752 includes donations totalling £6,316 within Donations and legacies, which are always welcome. £30,000 of the 2020 donations were placed in a 12-month fixed interest deposit account, with the aim of using it for capital expenditure such as a new CRM system to streamline our national business operations. This will be moved forward in 2022 when further quotations have been received.

Our reserve fund with Quilter Cheviot gained momentum in 2021 and ended the year at £58,113 up from £52,810 at the end of 2020. The current volatility in the market due to the war in Ukraine is expected to settle down as tensions ease.

Just before the end of the year, we were awarded the 2nd year of our 3-year Bursary from the National Garden Scheme totalling £65,000. This is carefully managed and allows trainees to be placed in gardens that would otherwise not be able to afford a placement. We currently receive an administration fee of £300 per garden.

As we progress into 2022, the charity will continue to streamline processes and embrace technology to move with the changing world. I would like to thank the Trustees, Office Staff and Regional Managers for ensuring that the WFGA persists in emerging strongly from the pandemic, and for their continued commitment to Advancing Horticulture.

Page 3

Women's Farm & Garden Association(The)

Report of the Trustees for the Year Ended 31st December 2021

FINANCIAL REVIEW

Reserves policy

A reserves policy is necessary to ensure there is sufficient income to tide an organisation over in order that it may meet its liabilities, whilst fundraising is done, if and when existing sources of income are lost. If WFGA were to be wound up, it also enables contractual obligations to be met. The board has chosen to have a zero reserves policy at this time. The reason for this is that we can identify our liabilities with relative ease (office premises, payroll to staff and expense obligations to Regional Managers and supplier expenses). It is estimated that these costs would not exceed £15,000. At the same time, The trustees retain an externally managed, cautious investment portfolio - a ‘rainy day’ fund, which has a net value of £58,390 at 31st December 2021. The value of this investment is monitored carefully on an ongoing basis but it should be noted that it is an unrestricted fund and can be liquidated with relative ease. This combined with other net assets of £122,895 leaves us confident that we meet all obligations. This is over and above coverage of liabilities arising in the event of a wind up of the charity.

Covid-19

The Trustees are aware that issues and challenges as we emerge from the pandemic will have an effect on the investments and income of the WFGA. We are closely monitoring the accounts on an ongoing basis and making adjustments to costs and income where possible.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The Association is a company, limited by guarantee, as defined by the Companies Act 2006. The governing document of the charity is its Memorandum and Articles of Association dated 11 December 1929 (as altered by Special Resolutions on 1 April 1950 and 18 April 1964) and Articles of Association passed by Special Resolution at the AGM 10th July 2011.The Articles of Association were updated and amended by Special Resolution on 19th September 2020 to comply with the latest Charity Commission regulations, and the working name of Working for Gardeners Association was adopted on the same date. These documents can be viewed in the members section of the WFGA website. They are also available on the Charity Commission website for the general public to access at any time.

In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

The Board of Trustees set the agenda and budget for the Association. A Trustee is elected for a period of three years, with re-election for a further three, after six years the Trustee must step down for a period of at least one year.

The Chairman of the Board of Trustees is selected from within the Board.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed, and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees reviewed and updated the WFGA Risk Management policy document in accordance with government advice in 2022.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

00244591 (England and Wales)

Registered Charity number

212527

Registered office

7 Trull Farm Buildings Trull Tetbury Gloucestershire GL8 8SQ

Page 4

Women's Farm & Garden Association(The)

Report of the Trustees for the Year Ended 31st December 2021

Trustees

Ms Christabel Kelly Boersma (appointed 15/4/2021) Vanessa Easlea Clare Gogerty Ms Lorraine Barbara Hodgson Ms Amanda Ponsonby (appointed 29/9/2021) Ms Annette Theresa Pursey

Company Secretary

Independent Examiner

JD Frost Accountants Chartered Accountants 7 Links View Cirencester Gloucestershire GL7 2NF

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................... Vanessa Easlea - Trustee

Page 5

Independent Examiner's Report to the Trustees of Women's Farm & Garden Association(The)

Independent examiner's report to the trustees of Women's Farm & Garden Association(The) ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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 accounts to be reached.

Mrs J D Frost ICAEW JD Frost Accountants Chartered Accountants 7 Links View Cirencester Gloucestershire GL7 2NF

Date: .............................................

Page 6

Women's Farm & Garden Association(The)

Statement of Financial Activities for the Year Ended 31st December 2021

Unrestricted
Restricted
funds
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
131,754
-
Charitable activities
General
18,394
-
Christine Ladley Fund
-
5,550
Fairlight Hall
-
-
National Garden Scheme
-
63,840
George Cadbury Fund
-
(600)
Other trading activities
2
4,034
-
Investment income
3
1,078
-
Other income
5,737
-
Total
160,997
68,790
EXPENDITURE ON
Raising funds
4
1,208
2
Charitable activities
General
123,337
-
Christine Ladley Fund
-
5,856
Fairlight Hall
-
4,627
National Garden Scheme
-
45,558
George Cadbury Fund
-
13,912
Other
135
-
Total
124,680
69,955
Net gains/(losses) on investments
4,600
-
NET INCOME/(EXPENDITURE)
40,917
(1,165)
RECONCILIATION OF FUNDS
Total funds brought forward
140,368
119,892
TOTAL FUNDS CARRIED FORWARD
181,285
118,727		 2021
Total
funds
£
131,754
18,394
5,550
-
63,840
(600)
4,034
1,078
5,737
229,787
1,210
123,337
5,856
4,627
45,558
13,912
135
194,635
4,600
39,752
260,260
300,012		 2020
Total
funds
£
133,560
7,993
6,750
6,552
61,300
19,700
5,278
1,197
3,188
245,518
635
103,118
4,955
1,343
33,574
366
-
143,991
(2,615)
98,912
161,348
260,260

The notes form part of these financial statements

Page 7

Women's Farm & Garden Association(The)

Balance Sheet 31st December 2021

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
9
51
-
Investments
10
58,390
-
58,441
-
CURRENT ASSETS
Debtors
11
3,606
1,200
Cash at bank
135,443
120,536
139,049
121,736
CREDITORS
Amounts falling due within one year
12
(16,205)
(3,009)
NET CURRENT ASSETS
122,844
118,727
TOTAL ASSETS LESS CURRENT
LIABILITIES
181,285
118,727
NET ASSETS
181,285
118,727
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2021
Total
funds
£
51
58,390
58,441
4,806
255,979
260,785
(19,214)
241,571
300,012
300,012
181,285
118,727
300,012		 2020
Total
funds
£
186
52,875
53,061
4,555
220,732
225,287
(18,088)
207,199
260,260
260,260
140,368
119,892
260,260

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 8

Women's Farm & Garden Association(The)

Balance Sheet - continued 31st December 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Vanessa Easlea - Trustee

The notes form part of these financial statements

Page 9

Women's Farm & Garden Association(The)

Notes to the Financial Statements for the Year Ended 31st December 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
2021 2020
£ £
Other income 4,034 5,278

Page 10

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

3. INVESTMENT INCOME

3. INVESTMENT INCOME
2021 2020
£ £
Dividends 966 1,105
Deposit account interest 112 92
1,078 1,197
4. RAISING FUNDS
Raising donations and legacies
2021 2020
£ £
Support costs - 232
Investment management costs
2021 2020
£ £
Portfolio management 51 49
Aggregate amounts 1,210 635
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
£ £
Depreciation - owned assets 135 135
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year en
31st December 2020.
Trustees' expenses
2021 2020
£ £
Trustees' expenses 1,078 1,083

There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.

Page 11

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

7. STAFF COSTS

Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Office
No employees received emoluments in excess of £60,000.
8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
133,560
Charitable activities
General
7,993
Christine Ladley Fund
-
Fairlight Hall
-
National Garden Scheme
-
George Cadbury Fund
-
Other trading activities
5,278
Investment income
1,197
Other income
3,188
Total
151,216
EXPENDITURE ON
Raising funds
635
Charitable activities
General
103,118
Christine Ladley Fund
-
Fairlight Hall
-
National Garden Scheme
-
George Cadbury Fund
-
Total
103,753
Net gains/(losses) on investments
(2,615)
NET INCOME
44,848
RECONCILIATION OF FUNDS
Total funds brought forward
95,520		 2021
£
31,459
569
32,028
2021
2
Restricted
funds
£
-
-
6,750
6,552
61,300
19,700
-
-
-
94,302
-
-
4,955
1,343
33,574
366
40,238
-
54,064
65,828		 2020
£
30,712
548
31,260
2020
2
Total
funds
£
133,560
7,993
6,750
6,552
61,300
19,700
5,278
1,197
3,188
245,518
635
103,118
4,955
1,343
33,574
366
143,991
(2,615)
98,912
161,348

Page 12

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
TOTAL FUNDS CARRIED FORWARD 140,368 119,892 260,260
9. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1st January 2021 and 31st December 2021 11,789
DEPRECIATION
At 1st January 2021 11,603
Charge for year 135
At 31st December 2021 11,738
NET BOOK VALUE
At 31st December 2021 51
At 31st December 2020 186
10. FIXED ASSET INVESTMENTS
Listed Investment
investments cash Totals
£ £ £
MARKET VALUE
At 1st January 2021 52,810 65 52,875
Additions 703 263 966
Disposals - (51) (51)
Revaluations 4,600 - 4,600
At 31st December 2021 58,113 277 58,390
NET BOOK VALUE
At 31st December 2021 58,113 277 58,390
At 31st December 2020 52,810 65 52,875
There were no investment assets outside the UK.
Cost or valuation at 31st December 2021 is represented by:
Listed Investment
investments cash Totals
£ £ £
Valuation in 2021 58,113 277 58,390

Page 13

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 13)
Trade creditors
Social security and other taxes
Pension Fund
Accrued expenses
13.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
14.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
George Cadbury Fund
TOTAL FUNDS		 2021
£
506
4,300
4,806
2021
£
10,560
4,556
228
111
3,759
19,214
2021
£
10,560
Net
movement
At 1/1/21
in funds
£
£
127,280
36,317
13,088
4,600
140,368
40,917
4,662
(306)
5,209
(4,627)
90,687
18,281
19,334
(14,513)
119,892
(1,165)
260,260
39,752		 2020
£
355
4,200
4,555
2020
£
8,431
3,732
216
107
5,602
18,088
2020
£
8,431
At
31/12/21
£
163,597
17,688		 2020
£
355
4,200
4,555
2020
£
8,431
3,732
216
107
5,602
18,088
2020
£
8,431
181,285
4,356
582
108,968
4,821
118,727
300,012

Page 14

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
George Cadbury Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
George Cadbury Fund
TOTAL FUNDS		 Incoming
Resources
Gains and
Movement
resources
expended
losses
in funds
£
£
£
£
160,997
(124,680)
-
36,317
-
-
4,600
4,600
160,997
(124,680)
4,600
40,917
5,550
(5,856)
-
(306)
-
(4,627)
-
(4,627)
63,840
(45,559)
-
18,281
(600)
(13,913)
-
(14,513)
68,790
(69,955)
-
(1,165)
229,787
(194,635)
4,600
39,752
Net
movement
At
At 1/1/20
in funds
31/12/20
£
£
£
79,817
47,463
127,280
15,703
(2,615)
13,088
95,520
44,848
140,368
2,867
1,795
4,662
-
5,209
5,209
62,961
27,726
90,687
-
19,334
19,334
65,828
54,064
119,892
161,348
98,912
260,260

Page 15

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
George Cadbury Fund
TOTAL FUNDS		 Incoming
Resources
Gains and
Movement
resources
expended
losses
in funds
£
£
£
£
151,216
(103,753)
-
47,463
-
-
(2,615)
(2,615)
151,216
(103,753)
(2,615)
44,848
6,750
(4,955)
-
1,795
6,552
(1,343)
-
5,209
61,300
(33,574)
-
27,726
19,700
(366)
-
19,334
94,302
(40,238)
-
54,064
245,518
(143,991)
(2,615)
98,912

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
George Cadbury Fund
TOTAL FUNDS		 Net
movement
At 1/1/20
in funds
£
£
79,817
83,780
15,703
1,985
95,520
85,765
2,867
1,489
-
582
62,961
46,007
-
4,821
65,828
52,899
161,348
138,664		 At
31/12/21
£
163,597
17,688
181,285
4,356
582
108,968
4,821
118,727
300,012

Page 16

Women's Farm & Garden Association(The)

Notes to the Financial Statements - continued for the Year Ended 31st December 2021

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Revaluation Reserve
Restricted funds
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
George Cadbury Fund
TOTAL FUNDS		 Incoming
Resources
Gains and
Movement
resources
expended
losses
in funds
£
£
£
£
312,213
(228,433)
-
83,780
-
-
1,985
1,985
312,213
(228,433)
1,985
85,765
12,300
(10,811)
-
1,489
6,552
(5,970)
-
582
125,140
(79,133)
-
46,007
19,100
(14,279)
-
4,821
163,092
(110,193)
-
52,899
475,305
(338,626)
1,985
138,664

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2021.

Page 17

Women's Farm & Garden Association(The)

Detailed Statement of Financial Activities for the Year Ended 31st December 2021

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Subscriptions
Registrations fees
Garden Owners subscription
Other trading activities
Other income
Investment income
Dividends
Deposit account interest
Charitable activities
Christine Ladley Fund
Fairlight Hall
National Garden Scheme
Practical Skills Day
Workshops
Tours
Visits
George Cadbury Fund
Other income
Tax recovered on gift aid
Total incoming resources
EXPENDITURE
Other trading activities
Stock for resale
Investment management costs
Portfolio management
Charitable activities
Travelling expenses - WFGA
Workshops, tours and forum
Support costs		 2021
£
6,316
38,139
83,150
4,149
131,754
4,034
966
112
1,078
5,550
-
63,840
3,242
14,445
162
545
(600)
87,184
5,737
229,787
1,159
51
9,728
130,609
140,337		 2020
£
51,342
32,118
47,828
2,272
133,560
5,278
1,105
92
1,197
6,750
6,552
61,300
3,071
4,758
-
164
19,700
102,295
3,188
245,518
354
49
5,133
81,944
87,077

This page does not form part of the statutory financial statements

Page 18

Women's Farm & Garden Association(The)

Detailed Statement of Financial Activities for the Year Ended 31st December 2021

Support costs
Management
Advertising
Office expenses
Equipment
Finance
Wages
Pensions
Bank charges
Accountancy
Book keeping
Other
Rent, rates and insurance
Light and heat
Postage and stationery
Sundries
Broadband & website
Governance costs
Trustees' expenses
Legal fees
Total resources expended
Net income before gains and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net income		 2021
£
2,579
1,870
135
4,584
31,459
569
2,510
900
1,504
36,942
5,150
721
2,512
508
1,593
10,484
1,078
-
1,078
194,635
35,152
4,600
39,752		 2020
£
3,020
5,572
135
8,727
30,712
548
1,719
900
739
34,618
5,482
479
2,519
2,322
1,049
11,851
1,083
232
1,315
143,991
101,527
(2,615)
98,912

This page does not form part of the statutory financial statements

Page 19