2022-03-31-accounts

Vauxhall Icltyl Farm Llmited IA¢ompany limiied by ¢yarantee no. 015Z4041. Regtmered charity 110. 2815121 Vauxhall City Farm VAUXHALL (CITY) FARM LIMITED (company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2022 *ABFav7AB¢ 2211of2022 COMPANIES HOUSE A18

vauxhall Icrlyl Fami Limlted (AcornpaDy limr(ed byzuaramee no. 01$24041. Registered charity no. 2815121 Contents Legal and administrative InfO￿atIOn -Trustees' Annual ReF)0rt 2021-22 4-17 TTustees' Responsibilities Statement 18 Independent Auditor's Report 19 Slatemenl of Financial Activities 22 Balance Sheet 23 Statement of Cashflows 24 Notes to the Financial Statements 2541

Vauxhall Icityl Farm Limited (Acompany limited by guarantee no. 015240qI. Registered chariiy I￿. 2815121 LEGAL AND ADMINISTRATIVE INFORMATION For the year endin9 31 March 2022 Board of Trustees: Failh Boardman {Chair} Alison Ewen (Deputy Chair) - Stuart Peel (TreaSu￿r) Amilia Rappak ICQ. Secretary) Nigel Hood (Co. Secretsry) Glen Wttlker Nigel Campbell Samantha Non7)an Sean Ellis lappoinled= 2151 November 20211 Chief Executive: Monica Tyter Finance Manager: Stanford Manduna Registration Numbers: Charity Registration Number.. 281512 Company Registration Number. 1S24041 Registered Office: 165 Tyers Street London SE11 5HS Bankers: Natwesl Bank 504 Brixlon Road London SW9 8EN The Charity Bank 25 Kings Hill Avenue Wesl Malling Kent ME194JQ

Vauxhall (City) Farm Limited (Acompany ￿mi￿d by 8uarantee no. 01524041. Ae8i5tered charity nD. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear ending 31 March 2022 The Trustees present their report and the audited th"nancial slalements of the charity for Ihe year er)ded 31 March 2022. The Tnjslees have adopted the provisions of the Sialement of Recommended Practice ISORP) "Accounting and Reporting by Charities- (FRS 1021 in preparing the annual report and financial stslemenls of the charity. The financial slalements have been prepared in a￿ordanCe with the accounting policies set out in notes lo the accounts and comply with the charity's governing document, the Lharitses Act 2011, and "Accounting and Reporting by Charities." Slalement of Recommended Practice- applicable to charities preparing their accounts in attordance with the Finanthal Reporting Stan¢Jard applicable in the UK and Republic of Ireland puNished on 16 July 2014 las afflended by Update Bulletin 1 published on 2 February 20161. Structure, Governance and Management The Farm is a charilaNe company limited by guarantee, formally incorryyaled on 23r6 October 1980 and registered as a charity on 51h January 1981.The Company was eslablished under a Memorandum of Association which e5tsblished the object5 and the power5 of the charitable cornpany and is governed under its Articles of Association. In the event of the company being wound up members are required lo contribute if under 18 an amount not exceeding 50p and over 18 not exceeding one pound. The Charity is managed by Trustees (Directors of Ihe Company) who foim the Management Committee. Trustees and the CEO provide annual reports on the finances. services and strategic objectives of the Farm to the Members of the Fami. at the Annual General Meeting which is where their appoinlmenls are confirmedlelecled annually. by Ihe'members. of the Farm. The Management Committee are advised by specialisl advisory groupslsubcommiltees made up ofTruslees and invited experts. The Farm has core sub<ommittees which enable Trustees lo maintsin robust management of core objectives. These ￿ committees are Finance and General Purposes, which is focused on maximizing the use ol the farylilies for public benefit and oversight of our financial performance and sustainability, and a new Riding Committee (replacing The Riding Advisory Group in March 20221 which monilors and supports the slrategic development and operations of our (Horse} Riding School. Recruitment and Appointment of Directors The Directors of the Company are also Charity Truslees for the purpose of charity law. an(i under the ompany's articles are known as Members of the Management Committee. Under the requirements of the Memorandum and Articles of Associalion the Members ol the Management Commiitee are electe¢J for a period of one year. after which they must be re*lected at the Annual General Meeling. The skills needed for the future are regularty reviewed by the Trustees in the light of both lumover and future plans. New Trustees are recruited lo meel clear skills specifficalions. in the light of the forecasl needs and risks. Trustee needs are usually advertised. and all applicants are first vetted, interviewed and assessed by the Twslees and the CEO. before bein9 initsally co-opted lo the Management Committee as a Trustee.

Vauxhall (City) Farm Limited (Acompany limited by guarantee no. 01524041. Re815tEred charity 110. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the year ending 31 March 2022 Inductlon and Training New members of the Managemenl Committee are given an inductK)n that includes familiarizalion with the Charity's mis￿on statement, aims and objectives. organisalional structure, policies and TTuslees' fesponsibilities. Further Iruslee training is also available where required or desired. The Trustees periodically review Ihe skill mix and training needs of ils Trustees and encourages active participalion in volunteering and fund-raising activities lo ensure Ihey gain a praclical undefslanding of risks and benefits. An annual Away Day is held lo enable the Management Committee lo discuss key strategic issues and risks in depth. (including a review of skills requirements for both Trustees and staff). All Truslees are expected lo be familiar with the workirys of the Farm and wme members are regular volunteers al the Farm. The Management Committee agrees pc4icies and pr(￿edureS for the running of the Farrn and can access ¢opies online for their own infomial*)n and reference_ During the year. the following substantive policies were reviewed.. safeguarding, noise reduction. code of conduct. Child e0llectionlnon-collecli￿, risk assessment, complaints. The formal induckn.on prO￿sS for all individual new Trustees involves the Company Secretary. CEO, and the Chair of the Management Committee briefing new Trustees on the followng." The obligations of the Management Committee members. The Memorandum and Articles of Association. The currenl financial wsilion and.the most recent financial accounts. The Ihree-year strategic plan. The Charity's operational procedu￿ and pdicies. The staff handbcA)k - including a comp￿hen$1Ve health and safety PL4icy. Vauxhall City Farm has a committed group of 10 Trustees. The Trustees who served dunng the period up to date of this report are as follows.. Faith Boardman (Chairl Alison Ewen (Deputy Chairl Stuart Peel (Treasurer) Alison Mohammed Amilia Rappak (Co. Secretsryl Nigel Hood (Co. Secretary) Glen Walker Nigel Campbell Samantha Nomian Sean Ellis lappoinled- 21$% November 2021)_

Vauxhall (City) Farm Limlted IAcompany limited by guarnntee no. 015241041. Re8istered Charity no. 281512 BOARD OF TRUSTEES. ANNUAL REPORT For the earendin 31 March 2022 OUT Team We aim to be a charity where people feel part of a team and work together for a comrnon purpose. In the year we completed a team planning day to reinfor￿ our shared values and continued to meet monthly as a whde staff team. From our experien￿ of the lockdowll periods. we fflaintained a mix of home-working and onsite measures lo support staff wellbeing and safety whilst ensuiing sufficient covei and care for our animals. Volunteer5 In addition to the paid staff the Farm has a pool of individual ¥￿UnteerS (both adults and young people) 39 engaging on a regular basis. The number of numbers was reduced during the year as a result ol the temporary closures of the Fam during the eatlier lockdown period. although a new cycle of ongoing recruitment and induction was reinslaled with increasing numbers of new volunteers joining Ihe.Fami. Volunteers are not expected lo perfomi a job that should be completed by a paid member of staff.. However, they provide essenb.al assistan￿. as well as bringing new and fresh ideas to the Fami. Volunteering allows participants lo develop their soaal. emotional and physical health. Vauxhall City Farm has a Volunteer Policy and all volunteers are subject lo the same policies and procedures as Ihe paid staff. The volunteer5 undergo an inducts.on and training and are reccNJnized for their conlribulion. The Trustees express their thanks to all the volunteers who play an important role in delivering the work of Vauxhall City Fam, partitsjlarly during the difficult year of lockdowns. Charitable Objectives Vauxhall City Fami ocCu￿eS a site that dates from the warb.me bombing which left an area that was partially cleared. initially by local people who wanted to sU￿eMent rakn.ons by growng food. Ils fomal life began as Jubilee Cty Farm in 1977 on N¥0 thirds of an acre of derelict land. The sile was planned by local people and the Farm continues to welcome. and lo significanlly rely on. volunteers and donations. The needs remain high in the area the Fam) services- covering 6 inner-London boroughs with.. one of the lowest ratios of "green- space to population in the country,. and extremes of poverty and wealth one of the highest rates ol child obesity. child poverty. mental health problem5. and single parent families in the country", and one of the mosl.diverse populations. in the UK ' with over. 150 languages'being-spoken" in local. schools and communities and 80% of children up to 19 years are from 81ack. Asian or other minority ethnic background. A 13Dh gap in earty years outcomes compared to children in more developed areas of London.

Vauxhall (City) Farm limited (Acompany limited by guararfee no. 01524041. Aegi5teied tharity no. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear ending 31 March 2022 Our charitable objeelives remain focused on providing educational, recreational and Iherapeulic activities using the setting of the Farm which remains tree to enter and that also provides a green oasis for people of 811 ages and backgrounds living and working in the heart of inner-city London. A range of highly professonal and specialist svpport progr8mmes a￿ also provided for those with special needs - ir)cluding SLJPPOrting the curriculum needs of schools from all over inner London, and the work of partners such as Ihe Riding for the Disabled Association. The Fam brought added value in meeting local needs through ils partnership work. voluntary support from corporates and residents and financial conlribulions. One of the Farni's on4Joing objectives is lo increase the cohesion and mutual underslandingthnefils. befvjeen local residents and local businesses and corporates through steadfasl commitmenl lo our viS￿n and mission. Our Vision: Is a uty where people from all ¢(￿nmunIkn.es are empowered to experience nature lo enhance their health, well-being and life chances. We are a farm f(ff Lon(h)n. Our Mission: To use the setting of an urban farm lo provide educational. recreational and therapeutic activities that.. Support children. families and people experiencirg inequalities to boost their confidence and aspirations Promote emobonal. mental, social and physical wellbeing Develop envIr￿ments1 awareness and acts.on Slren9lhen community cohesion Create enjoyment for members of the pul￿￿. Our Values: Respect We value and nurture the contribution of all those we work with, from our farm animals and the emiironment, to our staff. volunteers, partners and beneficiaries. Collaboration We bdieve consultaiK)n. co-PfLKluction. p8rtnership and te8mwork are essential ingredients for sustainable change. Transformation We strive lo inspire change that will achieve powerful S￿131. environmental and wellbeing outcomes for communities and people. Inclusivity We take an innov*ive and resourceful approach lo our work which means we are a￿ayS leaming and pushing ourselves to do better. Professionalism We value diversity in everything we do and work hard lo ensure different vievooinls are given an equal voice through our projects. Crealivity We are a responsib￿ and efficient org8nis8ts.on with a working culture rooted In sound managemenl business practice and governance.,

Vaumhall Icityl Farm Limittd IAcornpany limited by Kuirantee no. 01524041. Registered charlty no. Z815121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear endin 31 March 2022 Public Benefit The activities as detsiled below have all been undertaken lo further the charity's purposes for the public benefit. And the charitys trustees have complied with their duty as described in the Charilip.% Act 2011 to have rJue regard to public benefit guidance published by the charib.es Commission. Vauxhall City Farm serves the cofflmunity. educational. skills-developmenl, health and social cohesion needs of an inner-city area that covers 6 inner-London Boroughs. Vve offer free entry lo the public for six days each week (including weekendsl. Visitors are people from highly diverse backgrounds lin lemis of elhnicity. sociallpnvatelrenled housing and economic standing, employment status. age. physicallmenlal health and disabilities and religion) and we continue lo provide a wide range of programmes and acb"vities lo allow those from low incowne and disadvantaged backgrounds to access education Iraining, recrealion and therapy. We regularly consult land actively seek feedback and suggestic￿S frc¥n) visitors. partners. volunteers and service users. The fact Ihal several of the services are free andlor significan￿Y sub5idized by charitable and corpofale social resFxinsibility grants. the Trustees consider to be the Fam's main contribution lo public benefit. In addition. the Fam offers" Educotionol Multiple and diverse leaming actiwties Ihal directiy support national curriculum requirements, community, recreational and environmental activities and events that support and promote he8llhy lrfestyles and familylsocial cohesion. Experiences A range of volunteering and corporate social experiences Ih31 develop new skills, knowledge and friendships. Environmental Farm animal and environmenlal experiences {induding the opportunity to feed our new alpacas}. Compared with other city famis. Vauxhall City Fam has an exceptional range of animals. horses. birds, pond-life, ecological habilals. insects, hetbs. dye and medicinal plants. vegetables. trees, fruit bushes. There is also a riding arena" modem and well*quipped meetinglclassroom space., a farm Offi￿ and volunteer room." a visitor and family-friendly cafe- and mcrtjem evenU"corporale away-day. facilities etc.

Vauyhall Icityl Farm lirrbited (Atompany limithd by8uarahtse no. 01524041. ReBi5tered chariiy no. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the year ending 31 March 2022 Main Achievements and Performance In June 2021 the Management Committee sel a new strategic plan following a planning away day with key actions and targets. Our achievements and perfomi8nce reflect the ongoing impact of the COVID-19 pandemic during the year, Mth social distanung and risk mitwJatsng measures continuing for thè safety of our visitors and staff. Below we oudine the Fam's progress against each of the strategic objectives for the past year. Aim 1: A diverse, vibrant urban farni of excellence Developing the lami ThToughout 2021-2022 we started work in earnest on phase Iwo ofour major proiecl- Developing the Fami. Grants from a number of funders. including the GLA'S Grow Back Greener Fund and the Kusuma Trust. allowed us lo start work on a full transformation of the community garden and outdoor educational hub. A new Gardener was appointed lo implement the gardening plans and we used the project as training and ernployablllty opportunty for young adults in trainee roles and as employees recwiled from the Government's 6 months Kickslart programme for 16- 25 year olds lo gain essential work and life skills. By the end of the year the vision of whal the community garden would become was plain lo see and over 900+ plants had been received to ereate the foundats.on for a green 08sis and opportunities for all to benefit from a greater appreciation ofthe liwng environment. new food growing and'green, leaming schemes and therapeutic and sensory activities. With the Riding School remaining closed during Ihe year. following the extended periods of lockdown, we used the opportunity to refurbish our riding arena and. with a grant from the Sii Peter O'sullevan Trust. lo upgrade our stables. We also improved our animal enclosures for our ducks and other birds making il safer for the animals and an improved experience for viglors. with our long-time corporate partners CLS providing much needed volunteer support and a grant lo upgrade Ihe pond. Enhanced Famiyard Programme A number of our animals were retired in the year and new arrivals were welcomed lo provide fresh expe￿enCeS for our visitors and opportunities to develop our educational programmes. Most nolable, were our 3 new alpacas that have been a huge hil with our visitors and our 5 new goals bom on the Fam. With the addition of new rabbits, pigs. chickens and guinea pigs. we were able lo resume our 'Meet and Greet. and 'Cuddles Corner, sessions an essential therapeutic and enjoyable offer for all coming out of the pandemic. By the end of the year our stock ofanimals had In¢￿ased lo 111 and we welcomed approximately 30.000 visitors to the Farm. We also contributed greatly to "off-site" community. family and educational wellbeing through our ever popular Mobile Fam). providing support to 11 extemal community events and groups during the year. This is less than in prior years bul also a recognition of the gradual relum to working life from the closed and restrictive period under the pandemic. Off-site visits induded Side by &"de Special Needs s¢￿1,

Vauxhall Icityl Farm limited {Acompany limited byguarantee ng. 015241041. Re8isiered ¢h3riry no. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear ending 31 March 2022 St James Church Gardens, Bridge Park Hotel. Kensington Prep School, London Southbank University. Dulwich Pa¥k Friends, Myatt's Fields Park Project and more. These are all cofflrnunily focused events lo which we lake a variety of large and small animals for the public to interact with and learn about, whilst also benefiting from the calming inffuence and stress relief the animals offer. This was in addition to the annual Lambeth Country Show that we supported lo deliver online for the first lime. enabling us to reach over 10,000 people. We delivered our most popular Meel the Animals workshops, along Trmth a selection of Land to Lunchbox sessions and welcomed many schools lo visit through our'Self-Guided Tourf option. In total we delivered 70 workshops and tours and reached 1.930 children and young people. Alongside our in-person activities, we provided online sessions to school children including our Ral Ambassadors progTamme and developed a new partnership with Wildfowl and Wetland Trusl lo deliver a Bird Rangers wod<shop al the London Wellands Centre. As with our Young Famiers workshops. this activity was also a hil. .1 want to thank you and your team so much for the lun and eduCat￿n81 exper￿nce that you gave to my class last week. They enjoyed this experience so much and have requesled that we go again. They were so engaged in Meet1r￿ Ihe 8nim81s and explonng your farm. Thanks 8gain for being so inclusive. understanding and supportive toward our childTrn." Meet the Animals Workshop Prifftary School Teacher With increasing concems around th8 health and wellbeing of our communities. we saw a surge of iDler851 in other education￿ and farmyard prograrnme5," our Young Farrners Wofkshops were inundated with requests resulting in a lully bwked schedule for Ihe firsl 8 monlhs of Ihe year and a wailing list of 150 participants. We reorganized our formal enabling us to double our capacity. In lotsl, we welcomed 541 young farmers aged 8-14 years over 112 weekend sessiorbs. A¢livilie5 and workshops continued lo be provided for all ages, including our popular wreath making aclivilies, our new Seedballs workshop and wildlife drawing sessions from our communily garden. provided online for those unable lo reach us In person. We also hosted 21 Corporate Challenge bookings in the year that provided essential support to the Farm as well as excellent leambuilding for the participants and a great way lo fulfil their Corporate Stscial Responsibility expectations. Our work enhancès peoplÈ's knowled9e of how to be responsible for their onvironment and lead healthier and mor• sustainable lives. Extended Educational Programme We are best placed to deliver activity to support the environment and healthier and sustainable lives through our experience in offering innovative ouldow based education in agriculture, ecology and the environment and in our work with schools. playing 8 Vrtal part in bringing dassroom-based leaming to lrfe through our dubs and workshops. io

Vauxhall Icityl Farm Llmited (Acompany l¥nited by8uarant¢e n¢*. 01524041. Registered charity no. 2915121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear endin 31 March 2022 Working with a diverse range of partners. we offered extended opportunitie5 for all lo benefit from our environmental, educational. employability and wellbeing programmes. making full use of our Farm animals and facilities. As the social restrictions were lifted in schools at the slart of the year. we continued lo offer a mix of online and in-person lutoring in the afterschool clubs in partnership with Teamup. alongside wellbeing acb"vilies on the Farm. As in previous years. we direcuy supported the curriculum needs of Schools and children. The clubs supported children aged 8-14 years. the majority of whom receive Free School Meals and are in receipt of the Pupil Premium, both indicators of disadvantage or inequality. Yoday has been the best day of my life!- Spring Half Term Club 2022 Participant "Thank you forteaching me about animals and plants and holding lots of exciting activities. l am very 9raleful. and 81so eX￿ted lor the Summer club- Easter Club 2021 Participant By September 2021 we moved to full lime. in-person sessions, benefitting 30 child￿n. Oespile the impact of the past year of lockdown. we recorded some positive out¢omes with children a¢hievin9 double or triple the expected progress for math5 and varying iesulls depending on the year group from expected to triple Ihe expected progress for English. Working with Lambelh and Soulhwark councils. The Mayor's Fund for London, local s¢hoc4s and partners. we were able to provide S school holiday programrnes across the year offering a range of fun, horizon- building and pro-social aclivits.es lo ensure young people. predominantly from Black. Asian and other minority ethnic backgrounds, had access lo enriching and confidence boosting aclivilies. 460 places were booked for 7 weeks of holiday activities with the summer scheme themed around water. food, weather and earth and healthy meals and take-home food hampers being proV￿ed in partnership with Kitchen Social. Wellbein9 Programme In the summer, we restarted outreach and partnership developrnent with local primary and secondary educalion providers which led us lo identifying Social. Emotional and Mental Health issues as a key priority. Working with strategic leaders in local schools. such as Lilian Baylis Technology School. and City A¢ad8my in Hackney-. we.idenb"fied childrerkmoshnfieed of supportrand delivered Sfrsessions"in.total Ihat.. irnproved the mental health and wellbeing of 318 children and young people. Our weekly sessions indude varying activities such as grolxning. bedding, feeding and general animal care activities which offer the therapeutic and other benefits of being in nature. li

Vauxhall (City) Farm Llmiied compar)y lthlted byguarantee no. 01524041. Regi51ered charity no. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear endin 31 March 2022 Training and EmployabiTlity Our partnership with the Prince's Trust conts.nued lo grow with the delivering of three 'Get Started in Animal Care, programmes for 36 vulnerable and atqisk young people aged 16-15 years. A graduation celebration was held for all the partiupanis. who successfully com￿eted the programme. and who also welcomed friends and family lo the Farm to share what Ihey had learned. As an educational resource that also provides recreational and therapeulic activities, we continued lo use Ihe setting of the Fami to host and 5UPPOrt a number of training and development opportunities for young people. This included an apprenticeship training inib'ative with KEITS {Keeping Excellencd in Training Standards) for cohorts of 10 young people." a hosting two Occupalional Therapy students from London Southbank University over 12 weeks. suppor1ing two trainees through a new partnership with the Animal Careers Piogramme and a trainee from Ml Skills Developmenl. A one-year Education Officer internship was created, funded by the Jack Petchey Foundation. that helF*d increase our capacity lo deliver more aclivilies and develop new partnerships whilst also providing an amazing learning opportunily for our intern. Plans are in hand lo make this position a pemianenl feature of the team. With increasing youth unemployment coming out of the pandemic. we provided 9 employment placement5 of 6 months as part of the Govemmenl's Kickstart scheme. Placements were offered across the Farm in our community gardening. hospitalily. maintenance, farmyard. administration and marketing teams. Aim 2: A sustainable riding school for all Our Riding School remained dosed for most of the year with the forced closure during the pandemic giving us the crilical lime we needed lo reflect on how best to make use of our Riding School resource to meet the needs of children and young people experiencing disadvantsge. The Trustees strengthened their g0Veman￿ and oversight wlh 8 new Riding Committee to replace the Riding Advisory Group. By the end of the year a new business plan was being finalised with a key objective.. to beC(￿e a leadiThJ, Ufban riding centre in SouthlEasl London that uses equine activilies and horse riding to address the wellbeing and social inequalities of childTrn and young people with learning and physical disabilities as well as those experiencing disadvantage. In readiness for a new programme of equine and therapevtic actsvity.es we secured funding ft)r and piirchased 4 horses, reviewed all our poliue5 and risk assessments and pr¢)3ressed collaborative and partnership discussions with housing developers to incorporate VCF salelliles within emerging housing estates and with the regional and nats.onal Riding for Ihe Oisabled (RDA) body to extend our presence and reach. Recognizing our existing conlritrrtjlion lo the sector and our ethos, our Chief Executive was invited lo be a new member of the RDA'S Diversty and Inclusion national advisory group, enabling us to influen practice nationally whilst learning from other approaches across the UK. 12

Vauxhall lfjtyl Farm Limited (Acompany limited by8uarantee no. 01524041. Registered Charity no. 2815121 BOARD OF TRUSTEES. ANNUAL REPORT For the year endlng 31 March 2022 We sustained our British Horse Society and Riding for the Disabled IROAI approved centre status and appointed a new Riding Manager part funded by the Peter Harrison Foundation lo progfess the re-opening of the Riding School for later in 2022. Essential refurbishment works have been completed to the riding - arena and stables wth further work lo be undertaken on improving disabled access and an updated viewing plafform for the riding arena. Recnjiting a wider team of Grooms and Yard Supemsors lo deliver our programmes and care of our horses has been a struggle. a challenge experienced acro￿ rFding schools and the equine sector. This resulted in the Manager deciding lo leave. bul not before we achieved an excellent review and renewal of our equine licences. Towards the end of the year we confidenuy embarked on a new recruitment process for an experienced team with high exPeCtat￿nS of appointments being made by Summer 2022. Aim 3: A Mission driven café Our aim has always been to ¢re8te a sustainable eco•friendly café and event space that provides employment opportunities for people experiencing disadvanlage. and that enhances the community's experience of the environrnenlal benefits of our urban Fami. With the ongoing fallout from the pandemic, business was slow al the beginning of the year. We were pleased lo be able to fully open our café by the Autumn and lo build on our plans to strengthen ils connection with our community garden and create a destination wlhin the Fami that visitors can benefit from. With a new café supervisor supported by Kickstsrt workers. we ie-organised the café layout, re-stocked our merchandise wilh branded and eco-fn'endly products. healthy snacks and Fair Trade coffee, and reviewed our pricing structure to operate more effiaenlly. A new menu of in-house. treshly produced buffets for events and foom bookings have been exceptionally well recelved and are helping to generate a surplus for Ihe café Ihal will support Our aclivilies to enhance visitors. experience lo the Fam. We slarted a separale Instsgram account for our Café which has already achieved over 100 followers. A nalvral enwronmenl is being created within the café with herbs and plants from the garden and use of ￿sh vegetables. We are continuing lo explore ways lo create entetprising opportunities to broaden our customer base and collaborations. such as the successful new partnership with Brixton Brewery who used hops grown in our garden lo create a new VCF beer. We have also been discussing with the l(Kal L8GTQ+ comrnunity about a collaborahve arts initiative. building on the existing athork dIs￿aY in our café from local artists. By the end of the year. plans were being developed lo extend the opening hours ol the café to support the local night-time economy with a welcoming and sociable bar for locals to meet in a unique and comfortable environmenl. The café and adjoining community rcrt)ms continue lo provide increasing opportunities for different groups and local residents to come togelher for their social a￿1 mentsl wellbeing. In the coming year we will -"conlinue to explore how we respond to the issues offood poverty and obesity locally. 13

Vauxhall (City) Farm Limlted IA¢ompany Ilmiied tsyguaramee no. 015Z4041. Registered Charity no. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the year endin 31 March 2022 Aim 4: Strengthening our Capacity Increase our revenue and unrestricted income Through the course of the year we built up our partnership wofking and fundraising efforts in order lo buiki back lo our pre-COVID-19 levels of operation and funding. We recruited a new Fundraising Manager, bul their departure after a short tenure significantly reduced our capacity with much of the funder relationship and management work revertlng to our Chief Execubve. We are restarting our search and hope to appoint in the new financial year, although we are aware of the difficulties experienced in finding sufficiently experienced people for fundraising roles in the voluntary and community sector. Despite these challenges. we were able lo increase our income. securing much needed funds to take forward our Developing the Fami project and lo sustain our operations as well increasing our unrèstrictèd rèserves to strengthen our resilience. We have developed the offer within the Café and across the Fami lo generate unre5tricled income, for example with plans to use the café as an evening bar. increasing opportunities for corporale5 to make use of our site for team building Iplanning away days and ienewed bookings for using the Farmyard as a film sel. As pari of Clty Farm Day, we received free coverage with the B8C London News featuring the Farm and our edu￿tIonal and young person offer- helping lo raise our prolile and Ihe opportunity for people to donate. 8uild our partnershlps We rely on the contributions of loeAI pety￿ and CA)￿orate votunteers who offer their lime, energy and expertise with the running of the Farm and our programmes. After a difficult COVID-19 period we were delighted lo be able to rebuild exisbng. arKJ start new Corporate partnerships with-. Bluebay, JLL, Frank Knight. P.Hick Baringa. IFF Research. ISN Software, Virgin Media, DEFRA, Thornas Reuters, Accenture. Freshfields. Emma Dorinson. Citywire. Bannga, Addison Lee. Citma. and V Pinto - with 275 individuals contributing to different aspects of the Fami. The closure of the Fami in the preceding year due to COVID-19 lockdown and isolalion led lo a number of our PLX)l of 300 volunleers moving on. some to outside London. We began a new rolling programme of recruilmenl. training and induction and have 83 volunteers wtth 39 regularly volunteering their b.me and benefiting from improved social and mental wellbeing as well as the opportunity lo develop essential lile and work skills and contribute lo supporting the environment. Our Management team continued lo build relationships wth our partner 5chods. community groups and local tenants associalions and others that make up the community eco-system in and around Lambelh. .We remain a dedicated member and conlribulor lo the neighbouring Vauxhall Pleasure Gardens- a large open space Ihal we make use of for our horse riding activities and schod holiday programmes - and the local housing eslale IVERGTA} enabling us lo remain focused on the needs of our local community, particularly the many BlackJAfrican Caribbean and Portuguese residents. We aim lo extend our partnership working with olher youlh. community and educalional providers in more strategic ways Once our educationallenvironmenlal hub and eco-garden are cornpleted later in 2022. 14

Vauxhall Icityl Farm Lirnlted IAcompany limited byRuarantee no. 0152t1041. Registered charity no. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the ear ending 31 March 2022 Corporate partners have also supported us in other ways beyond their corporate challenges, in particular. we have a strong workiro relationship and regular support from the local Business Improvement District initiatsve IVauxhallOne}, prowding pro bono assistance for example with the review of our risk register and systems and in more in4epth ways as a new appointment to our Board of Trustees. Plans for the Future Period In keeping with our strategic plan. we will Continue to press ahead with our ambitions lo extend our rea and impact. work wth our current and past fundets, by". Developing aThY delivering new educational and therapeuti¢ activities and workshops, makn'ng use of our {soon lo be Iransfomied} outdoor educationallenvironmenlal hub. Revamping our volunteering opportunities offering improved support. training and wellbeing activities, that also Create a pathway to further training and employment on the Farm, within our Riding School and beyond. Implemenling a new programme of equine activities and riding lessons in line with our new and ambitious Riding School business plan that will offer exciting experiences and opportunities for hildren and young people with disabilibes or facing disadvantsge to meet their so￿al inclusion. physical and emolional wellbeing needs. We are excited fof the fulure, and with the potential lo create coaching and ernployability programrne$ within our Riding School so we can grow our own riding staff, encourage more young people into the sector or lo paiticipale in new ways of developing their employability- giving priority lo young peO￿e experiencing unemployment and inequalilies. Extending our reach lo different and diverse communities by promoting our Faith's Place nighl-lime experience and new social. healthy livingleating and learning opportunities through our mission driven café. Increase the number of children and young people we can support and make a difference lo by developing our wellbeing and leaming offers and other afterschool. holiday and in school programmes. Continue lo bring nature. animals and therapeutic 2nd edurAtional benefits lo all ages and communities with drfferent health needs, experiencing inequalities or lack of ar.cess to opportunities through our partnerships to create satellite famis in other neighbourhoods within our catchment area. 15

Vauxhall Icityl Farm Limlted (Acomparry limiied by g￿rantee no. 01524041. Registered charity no. 2815121 BOARD OF TRUSTEES. ANNUAL REPORT For the year ending 31 March 2022 Financial Review Funds al the balance sheet date were £401,6661£303,651 in 20211. or ihese funds, £82,139 {£55,246, in 20211 represents reslricled funds and £319.527 is unre5tricled1£248.405, 20211. an Increase of 29Vll on last year's unrestricted reserves. equivalenl to over 4.1 months of expenditure based on FY23 budget. In the year. the Trustees reviewed the criteria of its Reserves Policy to take account of the unple￿den1ed and challenging events brought aboul by the COVID-19 pandemic. Reserves Policy The Trustees aim lo maintain a level of unreslrieted reserves which ensures that there are adequate funds to meet.current and known future liabilities. In order to fulfil our responsibility in securing Vauxhall City Fami's viability beyond the immediate future. and in order lo protect the charitable company against serious disnjption lo ils charitable activities, we need lo build reliable funds against future uncertainty, such as future pandemics {COVID-19 virus) Ihal we have experienced throughout the financial year. lo absorb setbacks. and lo take advantage of change and opportunity over the long terrn. The reserves held are ￿TrentlY within our target range and the management team expects to maintsin the tsrget range through increased on-Farm trading acb'vities and charitable activities. The forecasted shortfall in funds will be covered by funds sourced fri￿7 Trusts and Foundab"ons. Fundraising The COVID-19 pandemic and the lockdo￿ ofour Fami affected our ability lo generate our incDme from our usual sources of individual d￿3￿"OnS from visitors and events. We had to cancel room and party bookings, some of our educational programmes and riding lessons. We quickly re-aligned our efforts with an online Emergency Fund appeal via GoFundMe supported by prime-lime TV coverage. Despite the chaHenges we faced. the generosity of our supporters meant we were able lo generate over £400.000. Going Concern As part of our strategy planning exercise caTTied out during the year and the Board an(J Finance and Audit Committee meetings, the Trustees considered the major risks lo which Ihe Farm is exposed and steps were identified lo mits'gate those risks. With exlemal, Pro bono support. the Farm is undergoing a deep dive review of its risk register and processes that Mll be ccthpleled in the folbwing financial year_ Trustees continue to recognize the risks posed by the ongoing impact of the COVID-19 virus. in particular. on staff and delivery of Our operalions and programmes. Fundraising tracking systems and the successful development ol existing and new funder partnerships has enabled us to strengthen our financial reeovery from the previous year due lo COVID-19 and to support our eserves position. 16

Vau¥hpiiicityI FarmL5miied IAcamparty lkniftd by guar3nletTr).OIS24041. Re&lsleied<hatiiY Z81S121 BOARD OF TRUSTEES, ANNUAL REPORT Forthe year endlng 31 MarGh 2022 Disclosure of Inforn)atlon to the Auditors W8, the directors of the company who held office at Ihp dale nf Apry¢)val of Ihese FN)8nGial Statennts 88 set out above each ojnfimi, $0 tsr8s are aware. IhaL There Trs no relevant audrt Inromiat￿n the oryny's audilors are tsnaware.. arml Wè hav8 taken all Ihè steps thal we ¢whl lo Iw¥8 taken as dI￿G￿r$ in oyder ￿ make OUFse￿eS aware ol any reknv•nt wdit informatiw lo estsbr￿ that the Grmpany's audiiors are aware ol Ihat infomation. The financial s¢aleThnts have been piepared ID a￿dar￿ with Ihe accounling policies set oul in r￿te5 to the a¢count5 and compty ¥wlh the charity's governing dctumeDt. the Chari169s Acl 2011, and "Accounting and Rep)rtMig by Ch8rities-. Stsiement of Re0)Mn￿nded Pract￿￿. applicable lo charities preparin9 Ihwr accounts in aCCOTdancewrfh the Finanoal Reportfftg StaNlard aP￿icable in lh¢ UK and Republ￿ ol Ireland wblisW on Ihe 6 2014183 awnded by Update Bulletin 1 pulJish8fl on 2 February 20161. This report has been prepar8d in 8ccordanco wilh Ihe Specia Pfcvision501 P8rtVII ofthe Comp8nEs Act 2006 rel8tiTr3 to small conyantes wth the St#tèn*nt ol Recommended Pfactic8 - AccounliwJ and Reporfing by Charili85 leffeclive January 20151. 391rf laD22 Thisreportwa$approvedbylheTwsteeson.................. ..and spjned on ils behaw by". F Boardman Stuart Peel Trustee Truslee

VauxhJlllCily) Farm limlted (ompanylmknt ng. 01514041. R4ISièredcharfty r￿. 2815121 BOARD OF TRUSTEES, ANNUAL REPORT For the year ending 31 March 2022 ststement of Trustees. Responsibllity The Tru51ees{whoare alsodireclors olvaiithal City F8rmforihepJryM)w olo)mpany lawl arg fosponsihle _ for preparing IheTfuslees' iepcwt and ihe fth)anual slaten)enls in accordance wilh aptytcable law¥nd Uiiiled Kingdom Attounh'n9 StaFKlards Iuniied lfjn9dom Generally Atteplèd Accountin9 Praclic•}. Company law requifes Ihe Trusleesto piepaFe financial 51atements fry financial year. Und8r company law the Tfuslees must not approve Ilie financial Staler￿nts Un￿SS they are 5a11sf￿ Ihal Ihey gi¥E a t¢ue and lair view ol ihe slate ol affairs ol lhe charitsbbe company aThl ol the iThc¢)ming resourw and the application ol resour￿$. indudtng Ihe income ex￿nditU￿ otthe charilaNe company for thal &riod. I preparing these fin8nti81 stalem￿1$. lh6 Twslees ar6 requitsd ro". Selscl suitable accounliThg and Ihen appfy Ihern consisiertlty.. Observe the melhods and princi￿ in Ihe CharilEs SORP: ake judgement5 and account￿19 eslimates that are leas￿able and pwdenl.. State whether applicablg UK Arxounlrfj Stsn(laids hav8 bpwi followed, subiecl to any rnalerial departvfes disdosed and expl¥An¢d in the financ581 slalements", F¥epare the finanthal State￿￿nIS on #)e going concern basis unless il is inawropFiate lo presume Ihal Ihe charrtable rx)mpany WAI ¢(￿11n￿e in (4)eratKsTr The Trustees are respOnS￿e for keeFMng adequa¢e aCCo￿￿"n9 records that are Su￿￿tent to show and expla#i Ihe chari18ble c4)mpanYs trangdioThs atKI disdose wrth reasonable accuracy at any lime the financial position olthe charitable ccKnpany and ènab￿ Ih8m ¢0 ensufe that the fmanoal stalemertts comp th Ihe Cornpanies Act 2006. Thoy are also respcmsible fof safeguafding Ihe assets ol Ihe chari18bie company and her￿ foc lakin9 reasonabye steps for the preVent￿)n and deleclion of Iraud and olhei iriegularilies. This report was approved by the Truses on ..... .... ..and signed on its behalf fKfja F Bc+ardman Stuart Peol Tiusl¥e Tiuslee

Va¥xhall Icityl Farm limited IA¢ompany limited by tuarantee no. 01524041. Registered charity no. 2815121 INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF VAUXHALL (CITY) FARM LIMITED For the year ending 31 March 2022 Opinion We have audited the financial statements of Vauxhall {City} Farm Limited {the 'Charity') for the year ended 31 March 2022 set out on pages 22 to 41. The financial reporting framewoTk that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial ststements- give a Irue and fair view of the slate of the charitable companys affairs as at 31 March 2022 and of its incoming resources and application of resources. including its income and expenditure for the year then ended- have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Practice" and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with 1ntemab.onal Standards on Audib'ng {UK) IISAS (UK)) 2nd applicable law. Our responsibilitses under those standards are fvrther described in the Auditors, responsibilities for Ihe audit of the financial stalements section of our report. We are independent of the Charitable company in accordance wilh the ethical requirements that are relevant to our audit of the financial statements int eh United Kingdom. including the Financial Reporting Council's Ethical StarKJard, and we have fulfilled our other ethical responsibilrties in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We have nothing to report in respect of the following matters in relabon to which the ISAS (UK} require us to feport to you where.. theTrustees' use of the going concern basis of accounb'ng in the preparation of the financial statementsis not appropriate., or the Trustees have not disclosed in the financial statements any idenlified material uncertainties that may cast significant doubl about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorized for issue. Other information The Trustees are responsible for the other information. The other inforrnation comprises the informab'on included in the Annual Report. other than the financial statements and our Auditors. ieport thereon. Our 19

Vauxhèll Icityl Fam LSmlted (Atompany limited by 8uarnntee no. 015Z4041. Registered charity no. 2815121 INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF VAUXHALL (CITY) FARM LIMITED (cont.> For the year ending 31 March 2022 opinion on the financial statements does nol cover the other information and. except to the extent othemise expliotly stated in our report, we do not express any fomi of assuran￿ conclusion thereon. In connection with our audit of the finanaal statements. our responsibility is to read the other information and. in doing so. consider whether the other inforrnalion 15 materially inconsislenl with the financial statements of our knowledge obtsined in the aLKlit or olheThvise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a vnalerial misslalemenl of Ihe other information. If, based on the wofk we have performed, we condude that there is a material misslalemenl of this other information. we are required lo report Ihal fact. We have nothing to report in Ihis regard. Opinion on other matters prescribed by the companies act 2006 In our opinion. based on the work undertaken in the course of the audit- the information given in the Truslees. report for the financial year for which the financiÈl statements are prepared is consistent with the financial slalemenls. the Trustees. report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in Ihe course of the audit, we have not identified material misslalements in Ihe Trustees report. We have nothing lo report in respect of the lollowing matters in relation lo which the Companies Act 2006 requires us lo report lo you if. in our opinion: adequate accounting records have not been kept. or returns adequate for our audit have not been received from branches not visited by us: or the financial statements are not in agreement with the accounting records and retums,. or certain disdosures of Trustees. remuneration specified by law are not made,. or we have not received all the informab.on and explanations we require for our audit- or the Trustees were not entitled lo prepare the financial statements in accordance with the small companies, regime and lake advantage of the small companies, exemptsons in preparing the Trustees. report and fromthe requirement to prepare a Strategic report. Responsibilities of trustees As explained rnore fully in the Truslees. responsibilities statement. Ihe Truslees (who are also the directors of the Charity for the purposes of company law) are responsible for the preparation of the financial slalemenls and for being satisfied that they give a Inje and fair view. and for such internal control as the 20

Vauxhall Iciiyl Farm Limited (Acompany limited by guarantee no. 015241041. Re8lStered charity no. 2815121 INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF VAUXHALL (CITY) FARM LIMITED Icont.) For the year ending 31 March 2022 Trustees detemine is necessary to enable the preparation of financial slatemenls that are free from material misstatements. whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Chanlable company's ability to continue as a going concern. disclosing. as applicable. matters reL3ted lo going concem and using the going con￿rn basis of accounting unless Ihe Trustees either intend to liquidate the charitable company or to cease operations, or have no realisb"c alternative but to do so. Auditors. responsibilities for the audit of the financial statements Our objectives are to oblain reasonable assurance about whether the financial stalemenls as a whole are free from material misslatemenls, whether due to fraud or error, and to issue an Auditors. report that includes our opinion. Reasonable assuran￿ is a high level of assuran￿. but is not a guarantee that an audit conducted in accordance wth ISAS (UK) will always detect a material misstatement when il exists. Misstatements can arise from fraud or error and are considered material If. individually or in the aggregate, they could reasonably be expected to Influen￿ the economic decisions of users taken on the basis of these financial slalements. A further description of our responsibilits'es forthe audit of the financial statements is located on the Financial Reporting Council's website at.. www.frc.or .uklaudito res ibilities. This description forms part of our Auditors, report. Use of our report This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 20Ck8. Our audit work has been undertaken so that we might state to the charitable company's members Ihose matters we are required to state lo them in an Auditors, report and for no other purpose. To the hjllest extent pemitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members. as a bcmyy, for our audit work. for this report, or for the opinions we have formed. Morlai Kargbo Isenior Statutory Auditor) For and on behalf of Moracle Limited Slalutory Auditor 960 Capability Green Luton, England LU13PE United Kingdom Date.. 29 September 2022 21

Vauxhall (City) Farm Limited (Acompany limited by guarantee no. OIS24041. Registered chaflty no. 281$121 STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT For the year ending 31 March 2022 UnrestrKted RWritt¢d Total fund5 Totsl funds fvnds 2022 funds 2022 2022 2021 INCOME FROM: (jonations and legacies 213.3 253.725 467,070 568,523 Chantable activit￿5 84.494 84,494 24,$80 Other trading acti¥itie5 118. 118,9D6 Investments 24 24 65 other income TOTAL INCOME 416,768 253.725 670.495 592,347 EXPENDITURE ON: Raising fvnds 33.609 6,152 Charitable attivities 453.502 103,545 $57.04? 466,584 TOTAL EXPENDITURE li 487.111 103.545 590.656 472,736 NET INCOME/ IEXPENOITUREI BEFORE TRANSFERS 170.3421 150.180 79.838 119,610 Transfers Between Funds 20 141.452 1141.4521 NET MOVEMENT IN FUNDS 71,109 8.728 79,837 119.610 RECONCIIIATION OF FUNDS= Funds broughtforward 248.418 73.411 321,829 184,043 TOTAL FUNDS CARRIEO FORWARD 319.527 82.139 401,666 303,653 All of the charity'5 activits.es derive from c0ntsnuii￿ Operat￿nS durin9 the above two periods. The accompanying.notes on pages 25 to 41 form part of these financ￿1 statefnents. 22

V￿h￿l1([l¥1 Farth Limittd. IA<ornpJo¥ Ilftiited bv tw¥anleE Dv.111524041. ReE￿i￿rE4 ¢hJrityno. 281Slll BALANCE SHEEr For the ear èfidln 31 March 2022 2011 . Plote" FIXEDASSEIS T￿lb￿a$Sets 16 81971 17.n8 Intsr¢lb￿A%reIS 3.347 S.579 Capk4Woik hPro¥re&s Y.620 141?6 OJAAENIA55EW5 17 23,136 273 hat baftk andlfft hat•t 276.559 292. 31I¥86 CREThTOR&-aff)unis 19 l?J.364 'th.776 TtUHREP4T A5£ETS Zi9.721 261 JJQ T A55Ers CHARITY FUIIDS Re51xkiedturos $5.235 unrestriddfufyds 339.517 248418. toTALSUNP5 40L666 303,653 The Charity'8 fin￿￿01 statements have be￿ wepared in xcOrda￿e iih Iho pro￿￿onS applK8t18 10 companies subiecl to Ihe small compans' ￿gime. The fw)antial Stswi￿lS wÈre apptovkd and T￿￿le¢S iyi ..29W2022...... and $19neil on Iheir behalf by.. F Boardm•n Trust stuart Peel Trust•• 23

Vauxhall (City) Farm Limited IA¢omp¥ny limiied by 8uarantee no. 01524041. Registered ¢h•rity no. 2815121 STATEMENT OF CASHFLOW For the year endin 31 March 2022 2022 2021 Cash flows from operating actlvities Net cash provided byllused inl operating activities 105.058 166.314 Cash flows from In¥e5ting actNitles: Dividends. interest and rents from investments 24 65 Purchase of intangible fixed assets 16.6951 Purchase of tangible fixed asse 1120.8321 123,4971 Net cash provlded byllused irtl investing activities 1120.8091 130.1271 Change In cash and cash equwalents in the year 115,7501 136,187 Cash and cash equivalents bfought forward 292.309 156.123 Cash and cash equivalents carried forward 276.559 292.309 All of the cash flows are derived from conts"nuing operat￿n$ during the above perBJds 24

Vauxhall (City) Farth Limited IAtompany limiied by guarantee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS For the year ending 31 March 2022 ACCOUNTING POLICIE5 1.1 Basls of preparation of financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to tharities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Charities SORP IFRS 10211, the Financial Reporting Siandard pplicable in the UK and Republic of Ireland IFRS 1021 arml the Companies Act 2￿6. Vauxhall Icityl Farm Limited meets thedefinition of 3 public benefit entity under FRS 102. A5selS and liabilities are initially recoBnised at historical cost or transaction value unle$5 Otherwise stated in the relevant accounting PK)Iicy. 1.2 Company status The Charity is a company limited by guarantee. The members ofthe Charity are the Trustees named on page l. In the eventofthecharitybeingwound up.the liabil¢ty in respertoftheguarantee islimitpd to £1 per member of the Charity. 1.3 Income Allin¢ome isre¢ognised on¢etheCharityh3seniitlement iothe income. it isprobable that the income will be received and the amount of income receivable can be measu¥ed reliably. For legacies. entitlement is taken as the earlier of the date on which either= the Charity is aware that probate has been granted, the estate has been ftnalised 3nd notification ha5 been made by the executorlsl to the Trust that a distribution will be made, or when 3 distribution is received from the estate. Receipt of a legacy. in whole or in part. is only considered probable when the amount can be mèasured rèliabty and the Charity has been notified of the executor's intention to make a distribution.Where legacies have been notified to ihe Charity. or the Charity is aware ol the granting of probate, and the criteria for income reco8nition have not beèn met. then the legacy is treated as a contingent asset and disclosed if material. Dtsnated services or facilities are recognised when the Charity hos control over the item, ¥ny condition5 a550ciated with the donated item have been met, the receipt ol economic benefit from the use of the Charity of the item is probable and that econofftic benefit can be measured reliably. n accordance with the Charitie5 SORP IFRS 1021. the general volunteer tirne of the Friends is not recognised and refer to the Trustees. report for more inf¢rmation aboui iheir contiibution. On receipt, donated professional services and donaied facilities are recognised on the basis of the valueof thegiftto the Charitywhich i5theamount the Charitywould have beenwi11ingtopaytoobtain services or f3cilitie5 of equivalent economic benefit on the open market,. a corresponding amount is Ihen recognised in expenditure in the period of [￿lpt. Income tam recoverable in relation to donations received under Gift Aid Of deeds of covenant is recognized at the time of the donation. Income tax recoverable in relation to investment income 15 recogniied at the time the investment income is receivable. 25

Vauxhall Icityl Farm Lirnited IAcLMnpany limited by euarantee Th). 015241041. ReBisiered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 1.4 Expenditure Expenditure isrecognised once rhere isalegal orconstructive obligation iotfansfer economic benefit to a third party, it is probable that a transfer of economic benefit5 will be required in settlement and the amount of the obligation can be measured reliably. Expenditure 15 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 undertakin8 each activily. Direct costs attributable to a single activity are allocated directly to that attivrty. Shared costs which contribute to more than one activity and support ¢0Sts which are not attributable to 3 single attivity are apportioned between those attivilies on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges allocated on the portion of the a55et's use. Fundraising costs areth05e incurred in seeking voluntary contributions 3n(J do not include the costs ofdisseminating information in support of the charitable activities. Support tosts are those costs incurred dirertly in support of expenditure on the objects of the Charity and include projec.t management carrièd out at Headquarter5. Costs of generating funds are costs inturred in attracting voluntary income, and those incurred in tradin8 activities that raise funds. Charitable activitie5 and Governance costs are costs incurred on the Charity's educational operaiions, including support costs and costs relating tothe governance of the Charity apportioned to charitable activities. 1.5. Tufnover Turnover comprises revenue recognised by the Charity in respett of go(Ml% and services supplied duringthe year. exclusive of Value Added Tax and trade discounts. 1.6 Tangible fi¥ed assets and depreciation All asseis costing more than £500 are capitali5ed. A review for Impairment of a fixed a55et 15 carried out if events or changes in circumstances indicate that the carrying value of any fixed a55et may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recoÈni5ed 3s ifflpairments. Impairment losses are recogni%ed in the Statement of financial activities incorporating income and expenditure account. Tangible fixed assets are carried at cost. net of dèpreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the tost of fixed assets, le55 their estimated residual valve. over their expected useful lives on the following bases.. Leasehold improvements General farm equipment Computer equipment Riding Stables 25UA slraighl line 25.kn slraighl line 25.10 51raighl line 9 years straight line 26

VauNhall Icityl Farm Limited (A(¢)mp￿Y limited by guarantee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 1.7 Interest receIva￿e Interest on fL¢nds held on deposit is included when ieceivable and the amount can be measured reliably by the Charity.. this is normalty sjpon notification of the interest paid or payable by the Bank. 1.8 Stocks Stocks are valued at the lowèr of cost and net realisable value after making dve allowance for obsolete and slow-moving stocks. Costincludes alldirect costsand anappropriate proportion of fixed and variablè overheads. 1.9 Dèbtors Trade and other debtors are recognised at the settlement amount after any trade discount Offe￿d. Prepayments are valued at the amount prepaid net of any trade discounts due. 1.10 Cash at Bank and in hand Cash atbank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition Qr opening of the dep051t or similar actount. 1.11 Liabillties and provigons Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event. it is probable that a transfer of econofflic benefit will be required in Settlement, and the amountof the 5ettlernent can be estimated reliably. liabiliiies are recognised at the amount that the Charity anticipates it will pay to settle the debt orthe amount it has received as advanced payments for the goods or services li must provide. Provtsions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material. the provisionis based On the present value of those amount5. discounted at the pre-tax d15count late that reflects the risks specific to the liability. The unwinding of the discount is reco8ni5ed within interest payable and5imilar charges. 1.12 Financial Instrufnents The Charity only has financial assets and financial liabilities of 3 kind that qualify as bas￿ financ jal instruments Ba9c financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exceprion of bank loans which are subsequently measured at amortised cost U51n8 the effective interestmerhod. 1.13 Pensions The Charity operates a defined contribution pension scheme and the pension charge represents the amount5 payable by the Charily tothe fund in respect of the year. 27

Vouxhall Icityl Farm Limited (Acornpany limited byguarantee nts. 01514041. Registered tharity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 1.14 Fund accountin8 General fund5 are unrestricted funds which are available for Ltse at the discretion of the Trustees in furtherance of the 8eneral objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestrirted funds that have been set aside by the Trustees for particular purposes. The aim and useof each designated fund is set out inthe notes tothe financial statements. Restricted funds are funds which are to be used in accordance wi(h Sp￿IfIC restrictions imposed by donors or which have been raised by the Charrty for p3rticulaf purposes. The costs of raising and administering such funds are charged against the specrfic fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 1.15 Judgements and key sources of estimation uncertainty In the application of the charrty's accounting policies, the trustees are required to makejudgements, estimates and assumptions abotjt the carrying amount of assets and liabilitie5 that are not readily apparent from other sources. The estimates and associaied assumptions are based on historital experience and oiher factors including expectations of future events that are believed to be reasonable under the circumstances. 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 per￿1 of the revision and future perrods where the revision afferts both current and future periods. INCOME FROM DONATIONS AND LEGACIES Restrirted funds 2022 Total funds 2022 Total fund5 2021 Unrestricted fvnds 2022 Donations from individuals 150.674 150.674 186,527 Grants 54.058 253.725 307.784 339.096 Corporate donations 8.612 8.612 42,9C(J Marketing Total donations and legacies 213.344 253.725 467.070 568,523 Total 2021 385.774 182.749 568,523 28

Vauxhall Icityl Farm Limited (Acompany I￿￿lted byguarantee no. 01524041. Registered tharity 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the ear ending 31 March 2022 INCOME FROM CHARITABLE ACTIVITIES Umestritied Restritted fuhds 2022 f14fid$ 2022 Totallonds 2022 I￿al funds 2021 Sch(￿1 vi5rts, animal outs and sponsorships 53.684 53.684 Allotments and room hire Riding 12.017 Talk tours Livest(Kk sales 4.635 4.635 Filming 3,990 RDA Farmyard trading 22.184 22.184 10,967 Other income 84.494 84.494 24.580 Totsl 2021 23. 24.580 FUNDRAISING INCOME Unrestricted funds 2022 Restrirted Total fund5 funds 2022 2022 Total funds 2021 Music events Total 2021 29

Vauxhall Icityl Farrn Limited IAtompahy linNted by guarantee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 S. TRADING ACTIVITIES Unresiritied lund5 2021 Restri¢ted funds 2022 Totaliunds 2022 Total fvnds 2021 Charity trading Income Cafe income 118.9J6 I18.￿15 Gift shop income I18,￿6 118.906 Fundraisin8 tradin8 expenses Cafe purthases 98.837 98.837 6,152 98.837 98.837 6.152 Net expendifvre from trading attNities 20.069 2Y),069 16,9741 6. INVESTMENT INCOME Unrestricted Restricted funds 2022 funds 2022 Total funds 2022 Total lunds 2021 Bank interest receivable 24 24 65 Toial ZOZI 65 65 7. COSTS OF RAISING FUNDS Unrestricted Restricted funds 2022 funds 2022 Total funds 2022 Total tunds 20ZI Costs of raising Funds Staff cosrs Total 2021 30

Vauxhall (City) Forrn Limited (Acompany limited by guarantee 110. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year endFng 31 March 2022 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND Unre51rirted funds 2022 RÈ5tridÈd lund$ 2022 Total funds iozz 2021 Youth and Education 155.159 35.426 190,586 153,416 Sport and Reereation 202.271 46,183 248,454 199.999 Health and Wellbeing 96.072 11.936 118,(X)8 94.993 453.502 103.545 557.047 448.408 Totsl 2021 255.899 192.509 448.408 9. DIRECT COSTS Youth and Edutation Sport and Recreation Health and Wellbeing Total 1022 Totsl 2021 Staff Training & Recruitment S.60S 2,662 12,567 1.620 Travel an¢J subsbstence Programme equipment and materials costs 78 102 48 228 897 6.262 8.164 3.877 18,303 18.802 Printin8. Postage and stationery 959 1.250 594 2,803 3,314 Licenses and permit5 1.288 1.679 797 3.764 330 Animal welfare tosts 7.698 10.036 4.767 22.501 24,017 Livestock transport costs 641 83S 397 1,873 719 Repairs and maintenance 2,821 3.678 1,747 8,24S 7,403 Health and safety 1.710 2.230 1,059 4,999 6.477 Sessional workers 16.842 21.956 10.428 49,226 26,508 Wages and salarie5 54.7?3 71.404 33.915 160,092 98.112 Pension cost 596 777 369 1,741 2.456 Total 2022 97.968 127.71S 60,660 286.343 190,654 Total 2021 65.230 85,035 40.389 190,654 31

Vauxhall Ictiyl Farm Limited (Acompany limited by guarantee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 10. SUPPORT COSTS Youth and Educatio SpDrt and Recreation Health and Wellbeing Tot412022 Total 2021 Prernises 7.887 3.746 17.682 15,920 Adverting & Marketing 1291 1.682 799 3,772 18,095 Vehicle Expenses 1,599 2.085 4.675 8,558 Cornmunication5 and IT 1,620 2.112 I,￿3 4.735 5.017 Legal and Professional 3.478 4.535 2,154 10,167 59,151 Finance costs 1.784 2.326 1.105 5.215 2.323 Orhercosts 2.697 1,281 6,047 12,209 Auditorfs remuneration 1.711 2.230 1,059 s.cKJo InsurarKe 7ffj16 9.929 4.716 22,261 22,035 WaEe5 and Salaries 57,491 74.948 35,598 168,037 91.680 Pension cost 919 1,198 569 2,685 7Sa Amortisatltsn 764 995 473 Z.232 1.116 Depr￿latIon 6.226 B.116 3.855 18.197 15.899 Total 2022 92.618 120.739 57.347 270,704 257.754 Total 2021 88,187 114,963 54,604 257,754 11. ANALYSIS OF EXPENDITURE - BY EXPENDITURE TYPE Depr￿la￿On & Amortisatson Othe 2022 costs 2022 Staff ¢0sts 2022 Total 2022 Total 2021 Expenditure on lundraisingtradir 33,609 33,609 6.152 Costs of raI￿ne1utsdS 33.609 33,609 6.152 yO￿h and Educ3rion 90.752 7,569 9Z,265 190,586 153,416 Sport and Recreation 112.899 10.017 125.538 248,454 199,999 Health and Wellbein8 56.192 4,675 57,140 118,1¥J8 94,993 Chariiable èrtbvitits 259.844 22.261 274.943 557.D47 448.408 Total 2022 259.844 22.261 30B.551 590.656 454.561 Tot412021 214.099 17.015 223.447 454.561 32

Vèuxhall Icityl Fami Llmited (Acompany limited by guarantee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 11 ANALYSIS OF EXPENDITURE BY ACTIVITIES Activitie5 undertaken directly 2022 support t05ts 2022 Total 2022 Total 2021 Youth aThd Education 97.968 92.618 190.586 138,467 Sport and Recreatiorn 127.715 120.739 248.454 180,sio Health and Wellbeing 60.660 57.347 I18.￿8 85.737 Total 2022 286.343 270.704 557,047 404.714 Total 2021 260,705 144,009 404,714 13. NET INCOMEIEXPENDITURE 2022 2021 Depreciation of tangible fixed assets=. owned by the charity Amortisatitsn of Intangible Assets Auditor's remuneration- Audil 18.197 2,232 5.000 15.899 1,116 . s.000 Auditor's remuneration- other services .14,850 During the year. no Trustees reteived any rernuneration12021- ÉNILI Ouring the year. no Trusrees received any benefits In kind12021 £NILI. Ouring the year. no Trustees received any reimbuf5ement of expenses12021- £NILI. 14. AUDITORS REMUNERATION 2022 , 2021 Fees payable to the Charity's auditor and its associates lor the avdtl of the Charity's annual accounts 5.0 . 5,000 f ees payable to the Charity's auditor and its associates in respect of= l other non-audit services noi included above 15.850 33

Vau¥hall Icityl Farm limit (Acompany limitÈd by 8uar•ntee tho. 015241041. Re8lstered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 15. STAFF COSTS 20Z2 2021 Wages and salanes lincl Er5 NICI 301.108 175,543 Other pension cosis 4,427 3.208 Social Security Costs 27,020 14,248 Totals 332,555 193.( Average number of persons employed by the Charity during the year-. 2022 2021 No. General duties 18 Office and administration 22 2022 2021 No èmployee received ¥emunÈration amounting to ry4)￿ than £60,LU) in either year. The total amount of employee benefits Key management personnel employee benefits 130,$80 7S,035 16. TANGIBLE FIXED ASSETS Tèmpotsry offite ￿ld L•>séhold fn•Trl farm vefflents Compulp Riding F￿MIl￿ra Capital Wor Stsbles F+￿￿t#S in Prll At l Apffl 2Q21 115.835 47.610 5.182 1.739 10.176 487.07S ei.e85 16$.272 145.4421 145.4021 s4.￿) flJ6.7QS 8.670 551 AI 31 2022 251.1 118.785 21.678 115.635 6.921 112. 14. 42.320 Iheye 3.743 10.834 1.746 At 31 242.579 116.Cfj9 16.1 53.754 1.746 470.1 NBV AI 31 Maf¢n 2072 2.716 5.117 5.17S $4.620 138.598 AllA￿￿21 18.176 35.965 34

Vauxhall (City) Fami Limited (Acompany limited byguarahtee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 16.1. INTANGIBLEASSErs 311D3122 A￿orn Sèlmin 0110￿* A JIIOYD NBV Am•rti¥tion Webslp Opsgn 11,f161 $79 11232i 3UI 3.34B 16.2CAPITAL WORK IN PROGRESS Funder Project Garden Project Garden Grow Back Greener GLA Project CLS Holdin85 Dutk Pond Grand Total Supplier Total Kusuma Various 47,061 Andrew Parker Landscape Management Andrew Parker Landscape Mana ement 4,309 3,250. 54,620 17. STOCKS 2022 20ZI Finished good5 and goods for resale 23,136 6,305 18. DEBTORS 2022 1021 Trade debtors 6.63S 1.556 Prepayments and accrued income 26.407 13,706 VAT Refund Due 5.348 38,390 20.271

Vauxhall Icityl F•rrn tirnit¢d IAcompany limited by guarantee no. 01524041. Registered chaflty 00. 1815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 2022 19. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 020 Trade creditors 46.804 17.351 Other taxation and social wurity 13.938 8,767 Accruals and deferred income 17.623 30.659 78.364 56,777 20. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR B•lanie at 31 March 1022 Balance at l April 2021 lficome Expenditu Transfets inloui Deygnaied lunds Designated- fixed assets lund 91.677 143,924 235.601 Total Oesi8nated funds 91.6 143,924 143.924 UNRESTRIUED FUNDS 12.4731 83,925 General fijnd J56.7 416.768 1467.1111 416.768 1467.1111 12,4731 83,925 Total General lur 156.740 Total unre51￿cted ￿fid$ 248.418 416.768 1487.1111 141.481 315.527 36

Vauxhall (City? Fami Umited (Acompany lirnited by gu4rante¢ r•0. 01524041. Registered £harlty no. 2815JZI NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March Balanre at 31 Mar¢h Z022 BJlonce Ji i Aprif2021 Transfers MI￿1 RESTAICTED FU14tyS 6.876 Fi¥ed Asset Fund The WSlliam OeanTiust Finnis Scott SirWalter51Educatwo1 thari Br￿ceW￿ke Chanty Eliiabeth OeTrJv NinevehTrust lor EéLUtiOTr 6.876 l.(X)D 2.500 I3.0￿} ILSIAII 1.500 3.COO 18.(KKJI WalcDtt FDundalion io.( io.¢ Is.(yJ) 15.1 20.819 37.434 io.wo 8r•tish Equestrian FEdÈiat Peter Hariisofs Foun6atiO iio.cwi 19.1061 1141.4951 119.6931 137.4341 S.794 505 Marina FDundation-EdutatKin lack PÈtchey Foundation-EduCatth) Lambeih KKkSra SlrWter5t knhn SW TrueCobursTruSt Ann fkKhe550f Wp5tmin5tEY Fu john Lew 5.WO 769 London Co￿￿￿￿￿1¥ResPo￿5e 769 334 National LotteryCommunrtyFund 334 16701 2.530 £¢JmmunityGaiden pr£¥Éct 3.2(Y) 912 City 8rid8e FurKS Grow Back fyeenerlGLAI 9U 14.3091 15.691 189 CAF Resihence Fund 1,400 Mawrfs Fund Foi London The Mayor and 8ur8e55e5 of LJrnbeih Ku5uma Trust Yiners 46.742 146.7421 S.￿0 759 Ed￿(al￿7n HL 759 .176 145.4421 558 Ridin8SchfKA 35.821 18.(lJOI Lèrnbeih CourKil CLS Grange Farm Centre taring asone FOLThdaiI￿) The &1 PeterOSullevart CharitabTru 13.2501 (S.￿0) 1.750 10.730 Is.co) Is,( Totsl ie5trfciedfur 55J35 271,9DI 105.545 14l.451 81,139 37

Vauxhall Icityl Farm Limited IA¢ompany Ibmritd byeuarantet no. 01524041. Regi￿ered charity 110. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March 20. STATEMENT OF FUNDS (continued) STATEMENT OF FUNDS- PRIOR YEAR Balan￿ at31 PmOR Y April ￿10 ExpeThdi¥Jre Translers inlout Marth Z021 DeggnatEdfund5 Oesenaied Fur 9L67P 91.677 Gener¥lynds General fund5 Total Urrfestn¢ttdfLmd5 .195 IOL8n 597 IZ61.0511 12tt0511 156.741 24418 Restritted lufid5 FixedAs5Èt Fund Social Ente￿rise Fu￿j London Communilyftesptrtse r4ational Loiiery Community Fund CommuhityGarden p￿iecE Sport Englar City 81i¢8e Fund CAF Resilience Fund MayorFund ForETh￿8nd The Bur8essesoflaneth Capac¢t¥buildin8 wojert Developingthe Farm Education Fbjb Lambeih- Soft Landscapin¢ RhltnBSchool 4876 iQ852 IIL.6201 IW.16 11,&DI 12.5rx)I 15,0511 1(fj.8Z81 13341 15CO 4,149 67.017 9J8 I￿9181 I6,¢￿) 137.6181 377 15. .171 11&176 1210.681 35.824 55.234 L83.751 Total of funth Tr84.043 1472.7381 303,653 8rought knconmng ewxces Resoufces è¥pendÈd Transfer5 between fvnds Cairigd forward SUMhlA9Y OF FUNDS CneralfwKfs 248.418 ' 416.768 1487.1111. 1103.5451 141,452 319.527 ResI￿l￿rKI$ 55235 271.9)1 1141.4521 82.139 TOT￿ OF FUNOS 688.670 15W.6561. 401,665 Purpose ot Restricted Funds The Riding Project Fund provides 'riding for the disabled" and also riding lessons for local school children. The Fixed Asset Fund represents expenditure from restricted funds on various capital items. Depreciation on these assets are charged aBainst the fund. The Youth and Education Fund provides tailoretl activities'for various target groups such as local children, yOLJn8 people and young (Jisabled people. together with curriculum-based education prograrnme5 for schools and community groups in and around London. 38

Vaulhall Icityl Farm Limiied IA¢ompany IKniied by guar￿ee no. 01524NI. Reg15tered charFty 110. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For the year ending 31 March The Elaine Salter Fund ts a memorial fund used to maintain the young person's encouragement awaid. The Development Fund provides costs relating to the development and upkèep ol the new main building, offices, classrooms and facilities. It also contribules to targeted expenditure to support and enhahce the long-term viability, stability and quality of the sewvicès that the charity delivèrs. Purpose of Deslgnated Funds The designated fund is an amount earmarked by the Charityto ensure that the Charity can meet ils ongoing wages and oiher commitments. 21. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted funds 2022 Restritted funds 20ZI Total funds 2022 CURRENT YEAR Tanwble fixed assets 27.192 111,405 138,598 Intangible Asset5 3.347 3.347 Current assets 367.352 129.2671 338,086 Creditors due within one year 178.3641 178.3641 319.527 82.139 401,665 Unrestvirted fund5 2021 Restritted funds 2021 Total,funds 2021 PRIOR YEAR Tèngible fixed assets 35.965 35.965 Intan8ible Assets 5.579 .5.579 Current assets 299,616 19,269 318.885 - Creditors due within one year 156.7771 156,7771 101,871 55.234 303.650 39

Vauxhall (City) Fami tirnited IA u)mpany limlted by Euarantee no. 01524041. Ae815tered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS {Cont.) For the year ending 31 March 22. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATINGACTIVITIES 2022 2021 Net expenditure for the year las per Statement of Financial Activitiesl 98,014 119,610 Adjustment for: Depreciation charges Dividends. interest and rents from investments ecrease/lincreasel in siocks Oecreasellincreasel in debtors Incieaselldecreasel in creditors Assets acquired a5 8ifts in kind 20.434 1241 116,8311 118.1181 21,588 .17,015 11,786 17,9581 25.927 Net cash provided byllused inl operating arti¥tt*s 105.058 166.314 23. ANALYSIS OF CASH AND CASH EQUIVALENTS 2022 2021 Cash in hand and in the Bank 276,559 Totsl 279.559 292.309 24. PENSION COMMITMENTS The charity operate5 a defined contributions pension scherne. The a55et5 of the scherne 3r¢ held separately frorn those of the charity in an independently administered ftlnd. The pension cost charge represents contributiorh5 payable by the charity to the fund and amounted to £3.20812020.' £3.3961. At the balance sheet date. £nil 12019.. £nill was payable to the fund and is included in creditors. 40

Vauxhall (City) Farm limited (Acompany limited byguarantee no. 01524041. Registered charity no. 2815121 NOTES TO THE FINANCIAL STATEMENTS (Cont.) For Ihe year ending 31 March 2022 26. OPERATING LEASE COMMITMENTS At 31.- March 2022 the total of the Charity's"future" minimum lease payments under non- cancellable operating leases was.. 2022 2021 'Amounts payable: Within I year 8212 7.500 Between l and 5years After 4.896 After more than 5 years Toial 4.896 9.027 26. RELATED PARTY TRANSACTIONS Duringthe year, £15.OCN)12021= £20.CWI was received as a donation from Faith Boardman. chairman nd trustee of the charity. During the year, fire and intruder alarm services amounting to £2.OLJ)12021.. £nill was obtained from West London Security IWLSI. WLS is owned and operated byjeremy Ewen, husband of Alison Ewen, who is a trustee of the charity. Consideration paid for the services wa5 on an arm's length basis. No amount12021.. £nill was outstanding at the year end. 41