2023-07-31-accounts - The Harington Scheme Limited

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Foreword	by the Chair ofthe Board ofTrustees
Trustees'	Report
Auditors'	Report
Statement	of Financial Activities
Balance Sheet
Statement	ofCash Flows
Notes to the Accounts

Our net as	sets are allocated as follows	:
			2023	2022
			E	E
Restricted	funds, which can only be spent for particular
purposes			22,115	22,400
Operating	fixed assets (our properties	and equipment)	270,642	301,196
Operating	working capital (net current	assets except cash)	59,993	119,898
Designated	funds, amounts set aside by the Trustees for
future projects			80,000	113,793
Leaving free reserves of			399,664	158,226

Summary Income and Expenditure		u~e«te	e dt	t	dt	@23
	Note
Income from:
Donati sand le ~ci Charity grants and donation~ Legacies and other donation~			70,003 37,942	53,327		123,330 37,942	135,167' 37,102
Training scheme income including fees and grants from public bodies Warington Gardeners		1,488,254 139,128 321,420		10,861		1,499,115 139,128 321,420	1,2.92,874 150,147 282,149
Charity Shops
			2,191			2,191	1,906
Fundraising events
Investment income			2,856 44,375			2,856 44,375	1,352
Other Income
			2,106,169	64,188		2,170,357	1,901,099
Total Income
Expenditure on:
~nit' fund Expenditure on raising funds	13		31,528			31,528	16,718
Snniteet A tit 'n Warfngton Gardeners Training Scheme	10		250,845 1,461,668 246,879	42,706 21,767		293551 1,483,435 246,879	345,971 1,358,808 188,449
Charity Shops
Total Expenditure			1,990,920		64,473	2,055,393	1,909,946
NET INCOME FOR THE YEAR			115,249		I285)	114,964	I8,847)
Total Funds at 1st August 2022			693,1l3		22,400	715,513	724,360
Total Funds at 31st July 2023			808,362		22,115	830,477	715,513

						~20
						E
		Note
Fixed Assets:
Tangible assets investments		17 18		270,642 118,518 389,160		301,196 115,399 416,595
Current Assets: Debtors Cash at bank and	in hand		201,936 381,324 5S3,260		248,051 179,020 427,071
Creditors: Amounts falling due within one year		20	(141,543)		(128,153j
Net Current Assets				441,317		298,918
				830477		715,513
Total Net Assets
The Funds Of The Charity:
Restricted funds		21		22,115		22,400
Unrestricted funds: Designated funds General		22		408,698 399,664 830,477		113,?93 555335 715.515

				2023
			Note
Cash flows from operating activities Cash generated by operations					211,088		24,410 '
Investing activities
Movement in fixed asset investments				(3,119)		162,327
Purchase of tangible fixed assets				(9,005)		(31,921)
Proceed on disposal of tangible	fixed assets			4&4
Interest received				2,856		1,352
Net cash (used)/generated by investing		activities			(8,784)		131,758
Net increase in cash and cash					202,304		156,168
equivalents
Cash and cash equivalents at beginning		of year			179,020		22,852
Cash and cash equivalents at end ofyear					381,324		179,020
1.Cash generated from operations
Surplus/(Deficit) for the year					114,964		(&,847)
Adjustments for: Investment income					(2,856}		(1,352)
Depreciation					38,810		51,256
Loss on fixed asset disposal					265
Movements In working capital: Movement in debtors					46,115		4,835
Movement in creditors					13,790		(21,482)
Cash generated by operations					211,088		24,410

2.Charity Grants and	Donat	io	ns
						Unrestricted	Restr1ctgJL
						Funds	Funds	$023	2022
Tottenham Grammar	School					42,000		42,000	38,500
Nina gi Roger Steivart	Charitable			Trust
Charming school - donation						1,000		'1,000
Jack Petchey Foundation							1,800	1,800	2,665
Gary Sycamore and the city		and Country			Farmers Market	6,490		6,490
John Lyon Charity							37,400	37,400	34,000
Ford Tipper grant							7,000	7,000	5,250
Other donations							1,920	1,920	39,752
The Whiitington Charitable		Trust				10,000		10,000
Bernard Lewis									15,000
Just Giving						10,513		10,513
Hornsey Parochial Charities							4,100	4,100
Worshipful Company	ofGardeners						1,107	1,107
						70,003	53327	123,330	135.167
3.Legacies and Other	Donations
						jJJJLes1r1cte.d	.BedricLed
						~Fn	F~s
Friends of Harington	Scheme					11512		11,512	9,088
Other donations Unrestricted						21,430		21,430
United Charities Fund									10,000
Woodford Stauffer - Jennifer			Wright						13,014
Leila Hodge									5,000
legacy re Vers Plsut-donation			from David		Plaut and Marily Ksnter	5,000		5,000
						37,942		37,942	37,102

									2023
Interest received froin cash deposits									2,856			1,352
5.Training Scheme Income induding					Fees and Grants from Public Bodies
						Ugre~sricted	~ddia	d
						Euuds	Funds		2023		2022
												f
Education and Skills Funding			Agency			664,242			664,242		627,260
Local Authorities	HNS funding					760,309			760,309		585,532
Training fees (local authorities,				schools and individuals)		48,417			48,417			60,730
Training Scheme Sales						8,851			8,851			11,864
DWP Grant - Harington		Gardeners				6,435			6,435			1,485
ESFA Student Support Funds							10,861		10,861			6,003
						1,488,254	10,861		1,499,115		1,292,874
6.Harlngton Gardeners		Income
						UnreserlCted	.Restricted
						Lnds	Funds		2023
Customer sales						139,128			139,128		150.147
						139,128			139,128		150,147
7.Charity 5hops	Income
						Unrestricted	Itestricted
							Elite!Z				~20	2
Sales of donated	goods					244,535			244+35		210,465
Sales ofbought	in goods
Donations from	gift aided items					74,646			74,646		69,596
Gift Aid agency fees						2,239			2,239			2,088
						321420			321,420		282,149
8.Fundraising events
											2022
Fundraising event income									2,191			1,906
9.Other income
									2023		~2
									f		E
Other income									G,nno
Other income - Business Grants									37.9dd	~		2962
									44,375			402

~l~r'CtgtL	~Restri	1gtL
f:unds	Funds			2037
86,970			86,970	106,630
63,596	34,000		97596	75,732
686			686	'197
11,484			11,484	13,430
5,839		1,706	7,545	10,087
3,007			3,007	1;370
6,711		7,000	13,711	2'2;589
72,287			72,287	115,936
265			265
250,845	42,706		293,551	345,971
~tt kttd	Restricted
Funds	Fund~		~22	2022
1,013.997			1,017,397	1,033,598
S9.247			59,247	11,565
459	11,169		11,628	6,644
77,028		3,717	80,745	64,918
22,922		1„527	24„449	30,049
12,448			12,448	14,635
8.773		723	9,496	13,070
238,169		1,231	239,400	159,003
28,625			28,625	25,326	I
1,461,668	21,767		1,483,435	1,358,808

12.Charity Shops Ex	pen	diture
								~st	ctt!d	Reprinted
								Funds		Funffs	2~03	"022
Salaries and consultancy		fees						117,702			117,702	91,550.
Qther staff costs									162		162	21'
Delivery costs									3,699		3,699	1,473
Repairs and maintenance									2,348		2+48	371
Heating and lighting									3,764		3,764	4,625
Depreciation								15,603			15,603	15,597
Support and governance		costs						103,601			103,601	74,812
								246,879			246,879	188,449
13.Support and Governance			Costs	Costs	of
				Fiin~d	I		Gardeners	lla!nag. ~Schern		Kft&IlySlti	Total ~2
Support Costs Salaries				5,736			6,439	il¹,414		9,186	135,775	90,167
Rates and rent									7,250	57,400	64,650	59,942
Telephone/Internet									7,894		7,894	6,394
Stationery, Printing and		Postage					1,501		7,410		9,767	11,970
Insurances							ll,306	17,534			28,840	23377
Public relations and marketing							431		1,005		1,436	752
Sundry expenses						221	1.395		2,867	94	4,577	4,593
Subscriptions						768	4,605		9,977		15/50	5,117
Cleaning and Hygiene	Expenses			2,389			3,339	29,516		16,332	51,576	43,135
Refreshments						359	1,075		5,738		7,172	5,117
Computing Expenses						110	220		1,871		2,201	10,128
Fundraising Expenses						174					174	667
Professional Services						598	]4,404	19,662		1,315	35,979	39,576
Bank charges									560	5,184	5,744	5,133
Bad debts							13,869				13,869	56,092
Governance Costs
Salaries				12,539			12,539	12,538		12,538	50,154
Professional Services				7,000							7,000
Audit and accountancy				1,165			1,165		1.164	1,165	4,659	4,309
								239,400		103,601	446,817	366,469
							1		0
14.Surplus/(Deficit)	for	the Year
The surplus/(deFicit)	for	the year is stated after charging:
Depreciation oftangible		fixed assets									38,810	51,256
Auditors' remuneration;
Audit fee											4,659	4,309

Wages &salaries	1,343,338	1,160,034
Social Security costs	113,991	97,710
Pension contributions	30,117	28,233
	1,487,446	1,285,977


Staff		49	46.
Assistant	gardeners	10	9
			55


17.Tangible Assets	leaseho!d.
	buildings Jtttd.	,5tmtIatfe.	Sieur' gL
	o emend	bu idinat	tqutpmen&	~Vhictes	~To ai
Cost or Valuation
At1stAugust 2022	276,933	206,701	186,218	97,D81	766,933
Additions	9,005				9,005;:
Oisposats			(19,190)	{6,150)	(25,340)
At 31stJuly 2023	285538	206,701	167,028	90,931	750,598
Depreciation
At1stAugust 2022	30,778	201,397	163,620	69,942	465,737
Charge for Year	18,069	5,304	9,053	6,384	38,810
Dtsposats			(18,441)	(6,150)	(24+91)
At 31stJuly 2023	48,847	206,70J	154,232	70,176	479,956
Net Book Value
At 31stJuly 2023	237,091		12,796	20,755	270,642
Net Book Value
At 31stJuly 2022	246,155	5,304	22,598	27,139	301,196
18.Investments
Cash deposits				118,518	115,399
19.Debtors: Oue within one year
				2023	2022
Trade debtors				50,435	11945D
Other debtors				129,840	102,141
Prepayments and accrued income				21,661	26360
				2D1,936	248,051


20.Creditors: Amounts		falling due within one year
Trade creditors									31,035	223008
Tax, social security	and	pensions							34+43	32,043
Other creditors									12,075	18,315
Accruals									64,290	55,787
									141,943	128,153
21,Restricted Funds					fjalgncg	atI	Incoming			B~tncJ; 81~I
					A~ut	2022	~n*n	e	5JleLneitere	~12023
					f			f	f	f
IAA2 0 0~ienn'.
Former restricted	grants and donatians			towards
capital items						1,771			723	1,048
ESFA Student Financial Support			Funding			2,537		10,861	11,169	2,229
Haringey Ward Budget						3.481				3,481
Jack Petchey Foundation						638		1,800	1,800	638
LBBarnet- Pocket	Parks	Plus				2,950				2,950
John Lyon Charity								37,400	37,400
United Chanties Fund						9,563			1,894	7+69
Leila Hadge						1,460			1,460
Ford Tipper grant								7,000	7,000
Other								1,920	1,920
Hornsey Parochial	Charities							4,100		4,100
Worshipful Company ofGardeners								1,107	1,107
					22,400			64,188	64,473	22,115

Movement	between funds
			1}JRRli~In 'i	~RI	I I
		Jaeqeia}.fund.		F~nS
Balance at	1stAugust 2022	579,320	113,793		22,400	715,513
Movement	in funds for the year	115,249			(285)	114,964
Transfer between funds		(294.90S}	294,905
Balance at	31stJuly 2023	399,664	408,698		22,115	830,477
Designated	funds
Designated	Reserves comprise:
Operating	tixed assets					268,705
Operaung	working capital					59,993
IT Infrastructure						80,000
						408,698

22.Analysis ofFund galances 8etween the Net Assets	l~irestri5tgsl	fq0ds
		DDiD t D	Restricted
	General Fund	Funds	Funds	Total
Tangible feed assets		268,705	1,937	270,642
Investments	118,518			118,518
Net current assets	281,146	139,993	20,1/8	441,317
	399,66¹	408,698	22,115	830,477

At the reporting end date the company had outstandmg commitments lor futur Operating leaSeS. aS fOIIOWS:	e minimum lease payments under non cancellable
	2K23
Less than 1year	49,958	62,388
More than 1year and less than 5years		49,958
	49,958	112,346