|||Page||
|---|---|---|---|
|Chair's Report||||
|Report ofthe Trustees|2|to|8|
|Report ofthe Independent
Auditors|9|to|12|
|Statement of Financial Activities||13||
|Balance Sheet||14||
|Cash Flow Statement||15||
|Notes to the Cash Flow Statement||||
|Notes to the Financial Statements|17 to||30|
|Detailed Statement ofFinancial Activities|31|to|32|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|E|f|6||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||3|241,376|256,972|498,348|728,145|
|Charitable
activities|||||||
|Operation
of park and farm|||1,122,740||1,122,740|834,571|
|Other trading
activities||4|151,485||151,485|73,793|
|Total|||1,515,601|256,972|1,772,573|1,636,509|
|EXPENDITURE ON|||||||
|Raising funds||6|15,077||15,077|14,781|
|Charitable
activities|||||||
|Operation
ofpark and farm|||1,430,992|64,565|1,495,557|1,812,661|
|Total|||1,446,069|64,565|1,510,634|1,827,442|
|NET INCOME/(EXPENDITURE)|||69,532|192,407|261,939|(190,933)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||193,522|345,397|538,919|729,852|
|TOTAL FUNDS CARRIED FORWARD|||263,054|537,804|800,858|538,919|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|8|6||
|FIXEDASSETS|||||||
|Tangible assets||13|121 131|536,804|657,935|464,856|
|CURRENT ASSETS|||||||
|Stocks||14|2,738||2,738|1,141|
|Debtors||15|39,225||39,225|38,441|
|Prepayments
and|accrued income||10,484||10,484|4,359|
|Cash at bank and|in hand||267,126|1,000|268,126|157,629|
||||319,573|1,000|320,573|201,570|
|CREDITORS|||||||
|Amounts
falling due within one year||16|(95,656)||(95,656)|(82,463)|
|NET CURRENT ASSETS|||223,917|1,000|224,917|119,107|
|TOTAL ASSETS|LESSCURRENT||||||
|LIABILITIES|||345,048|537,804|882,852|583,963|
|ACCRUALS AND|DEFERRED INCOME|17|(81,994)||(81,994)|(45,044)|
|NET ASSETS|||263,054|537,804|800,858|538,919|
|FUNDS||18|||||
|Unrestricted
funds|||||263,054|193,522|
|Restricted
funds|||||537,804|345,397|
|TOTAL FUNDS|||||800,858|538,919|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Notes|6|f|
|Cash flows from||operating||activities||||
|Cash generated|from operations||||1|357,733|(102,260)|
|Interest paid||||||(2,315)|(1,778)|
|Net cash provided||by/(used||in) operating|activities|355,418|(104,038)|
|Cash flows from||investing||activities||||
|Purchase oftangible fixed assets||||||(244,921)|(10,050)|
|Net cash used
in||investing|activities|||(244,921)|(10,050)|
|Change
in cash||and cash||equivalents||||
|in the reporting||period||||110,497|(114,088)|
|Cash and cash|equivalents|||at the||||
|beginning
ofthe||reporting||period||157,629|271,717|
|Cash and cash|equivalents|||at the end||||
|ofthe reporting||period||||268,126|157,629|
##
|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||f|E|
|Net income/(expenditure)||||for the reporting||period (as per the||||
|Statement|of Financial Activities)|||||||261,939|(190,933)|
|Adjustments
for:||||||||||
|Depreciation|charges|||||||51,299|39,695|
|Loss on disposal of|||fixed assets|||||543||
|Interest paid||||||||2,315|1,778|
|Impairment|offixed||asset investments||||||2|
|Increase
in|stocks|||||||(1,597)|(327)|
|(Increase)/decrease|||in debtors|||||(6,909)|25,132|
|Increase
in|creditors|||||||50,143|22,393|
|Net cash provided|||by/(used||in) operations|||357,733|(102,260)|
|ANALYSIS|OF CHANGES|||IN|NET FUNDS|||||
|||||||At|1/4/22|Cash flow|At 31/3/23|
||||||||f|f||
|Net cash||||||||||
|Cash at bank and||in|hand|||157,629||110,497|268,126|
|||||||157,629||110,497|268,126|
|Total||||||157,629||110,497|268,126|
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|4.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||F||
||Rents received|||||72,481|47,979|
||Hire offacilities|||||70,979|17,303|
||Sale ofchristmas||trees|||8,025|8,511|
|||||||151,485|73,793|
|5.|INCOME|FROM CHARITABLE ACTIVITIES||||||
|||||||2023|2022|
|||||Activity||F|8|
||Incoming|resources from||||||
||charitable|activities||Operation|of park and farm|1,122,740|834,571|
|6.|RAISING|FUNDS||||||
||Other trading activities|||||||
|||||||2023
f|2022|
||Rental expenditure|||||8,919|8,799|
||Purchase|ofchristmas||trees||6,158|5,982|
|||||||15,077|14,781|
##
##
|CHARITABLE ACTIVI|TIES COSTS||||
|---|---|---|---|---|
||||2023f|2022
6|
|Operation
of park and farm|||||
|Staff costs|||1,072,242|1,080,427|
|Hire of plant and machinery|||5,998|5,251|
|Rates and water|||10,817|5,953|
|Insurance|||22,352|17,687|
|Light and heat|||51,391|15,605|
|Telephone|||2,017|2,027|
|Postage and stationery|||6,346|6,097|
|Play activities|||15,519|10,573|
|Training|||10,470|2,497|
|Repairs and renewals|||14,889|424,561|
|Motor expenses|||7,455|4,674|
|Travelling|||1,032|486|
|Refreshments
and entertainment|||1,720|2,231|
|Farm & nursery consumables|||107,624|79,958|
|Subscriptions|||11,081|8,587|
|Cleaning|||50,336|41,787|
|Catering|||29,510|24,466|
|Bad debts|||6,801|24,519|
|Depreciation|||51,299|39,695|
|Loss on sale oftangible fixed assets|||543||
|Impairment
losses for fixed asset investments||||2|
|Bank interest|||2,315|1,778|
|Auditor's
remuneration|||7,100|7,100|
|Auditor's
remuneration|for non-audit|services|6,700|6,700|
||||1,495,557|1,812,661|
##
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##
|Net resource|s are stated after charging/(crediting):|||
|---|---|---|---|
|||2023|2022|
|Depreciation|- owned assets|51,299|39,695|
|Impairment|losses for fixed asset investments||2|
|Hire of plant|and machinery|5,998|5,251|
##
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##
|STAFF CO||STS||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||F||
|Wages and salaries
Social security costs||||||985,345
70,980|998,169
66,793|
|Pension costs||||||15,917|15,465|
|||||||1,072,242|1,080,427|
|The average||monthly|number|of employees|in the year was:|||
|||||||2023|2022|
|Charitable|activities|||||55|57|
|Office||||||3|4|
|||||||58|61|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||f|f|f|
||INCOME AND ENDOWMENTS|FROM||||
||Donations
and legacies||698,161|29,984|728,145|
||Charitable
activities|||||
||Operation
ofpark and farm||834,571||834,571|
||Other trading
activities||73,793||73,793|
||Total||1,606,525|29,984|1,636,509|
||EXPENDITURE ON|||||
||Raising funds||14,781||14,781|
||Charitable
activities|||||
||Operation
of park and farm||1,770,830|41,831|1,812,661|
||Total||1,785,611|41,831|1,827,442|
||NET INCOME/(EXPENDITURE)||(179,086)|(11,847)|(190,933)|
||Transfers
between funds||46,730|(46,730)||
||Net movement
in funds||(132,356)|(58,577)|(190,933)|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought forward||325,878|403,974|729,852|
||TOTAL FUNDS CARRIED FORWARD||193,522|345,397|538,919|
##
##
##
|TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
|||Fixtures||||
||Short|and|Motor|Computer||
||leasehold
6|fittings
f|vehicles|equipment
F|Totals
F|
|COST||||||
|At 1 April 2022|1,090,485|154,189|60,279|9,421|1,314,374|
|Additions|235,972|8,949|||244,921|
|Disposals||||(639)|(639)|
|At 31 March 2023|1,326,457|163,138|60,279|8,782|1,558,656|
|DEPRECIATION||||||
|At 1 April 2022|664,196|123,115|55,144|7,063|849,518|
|Charge for year|39,737|10,005|1,284|273|51,299|
|Eliminated
on disposal||||(96)|(96)|
|At 31 March 2023|703,933|133,120|56,428|7,240|900,721|
|NET BOOK VALUE||||||
|At 31 March 2023|622,524|30,018|3,851|1,542|657,935|
|At 31 March 2022|426,289|31,074|5,135|2,358|464,856|
##
##
|STOCKS||||
|---|---|---|---|
|||2023|2022|
|Stocks||2,738|1,141|
|DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||2023
f|2022|
|Trade debtors||36,959|37,612|
|Other debtors||2,266|829|
|||39,225|38,441|
##
##
##
|||2023|2022|
|---|---|---|---|
|Trade creditors||27,152|41,484|
|Social security and other taxes
Other creditors||16,843
51,661|18,221
22,758|
|||95,656|82,463|
|ACCRUALS AND DEFERRED INCOME||||
|||2023|2022
f|
|Accruals and deferred|income|81,994|45,044|
##
##
|MOVEMENT
IN F|UND|S|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1/4/22|in funds|31/3/23|
|Unrestricted
funds|||||||
|General fund||||193,522|69,532|263,054|
|Restricted funds|||||||
|Building
Fund
Minibus
Fund||||269,843
1,564|205,623
(391)|475,466
1,173|
|Nature
Trail Fund||||18,385|(1,103)|17,282|
|Treehouse
Project Fund
Arena Refurbishment
Project Fund||||10,210
35,411|(613)
(2,125)|9,597
33,286|
|East End Community
Nursery
inclusion
fund||Foundation|Fund|9,984|(9,984)
1,000|1,000|
|||||345,397|192,407|537,804|
|TOTAL FUNDS||||538,919|261,939|800,858|
##
|Net mov|ement
in|funds|,
included|in the above are|as follows:|||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||F|F|
|Unrestricted
funds||||||||
|General|fund||||1,515,601|(1,446,069)|69,532|
|Restricted funds||||||||
|Building
Minibus|Fund
Fund||||235,972|(30,349)
(391)|205,623
(391)|
|Nature|Trail Fund|||||(1,103)|(1,103)|
|Treehouse
Project Fund
Arena Refurbishment
Project Fund
East End Community
Foundation
Fund||||||(613)
(2,125)
(9,984)|(613)
(2,125)
(9,984)|
|London|Borough|OfTower Hamlets||||||
|Fund|||||20,000|(20,000)||
|Nursery|inclusion|fund|||1,000||1,000|
||||||256,972|(64,565)|192,407|
|TOTAL|FUNDS||||1,772,573|(1,510,634)|261,939|
##
|Comparatives
for m|ovement
in|funds|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1/4/21|in funds|funds
f|31/3/22
6|
|Unrestricted
funds|||||||
|General
fund|||324,918|(179,086)|47,690|193,522|
|Fairy Garden Project|Fund||960||(960)||
||||325,878|(179,086)|46,730|193,522|
|Restricted funds|||||||
|Building
Fund
Minibus
Fund|||287,067
2,086|(17,224)
(522)||269,843
1,564|
|Nature
Trail Fund|||28,008|(1,173)|(8,450)|18,385|
|Treehouse
Project Fund
Arena Refurbishment
Project Fund
East End Community
Foundation
Fund|||10,862
75,951|(652)
(2,260)
9,984|(38,280)|10,210
35,411
9,984|
||||403,974|(11,847)|(46,730)|345,397|
|TOTAL FUNDS|||729,852|(190,933)||538,919|
##
|Comparative
net m|o|vement|in fun|ds,
incl|uded
in|the above a|re as follow|s:|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Incoming|||Resources|Movement||
||||||||resources
f|||expended
F|in funds
6||
|Unrestricted
funds|||||||||||||
|General
fund|||||||1,606,525||(1,785,611)||(179,086)||
|Restricted funds|||||||||||||
|Building
Fund
Minibus
Fund||||||||||(17,224)
(522)||(17,224)
(522)|
|Nature
Trail Fund||||||||||(1,173)||(1,173)|
|Treehouse
Project Fund
Arena Refurbishment
Project Fund
East End Community
Foundation
Fund|||||||9,984|||(652)
(2,260)||(652)
(2,260)
9,984|
|London Borough Of||Tower Hamlets|||||||||||
|Fund|||||||20,000|||(20,000)|||
||||||||29,984|||(41,831)||(11,847)|
|TOTAL FUNDS|||||||1,636,509||(1,827,442)||(190,933)||
|Unrestricted
funds|||||||||||||
|The General
fund|includes||income from||grants,|fundraising|and farming||activities.
Also||included
within||
|the general
fund,
is income|||from|the charity's||other trading|activities,|which||consist of|rents|received,|
|hire offacilities and||the sale|ofchristmas||trees.||||||||
##
##
##
##
||2023
f|2022
6|
|---|---|---|
|Within one year|885|830|
|Between one and five years|1 771||
|In more than five years|||
||2,656|830|
##
##
||||||2023
F|2022f|
|---|---|---|---|---|---|---|
|Financial|assets||||||
|Financial|assets that are debt|instruments|measured|at amortised|||
|cost|||||317,771|200,328|
||||||317,771|200,328|
|Financial|liabilities||||||
|Financial|liabilities measured|at amortised|cost||112,329|96,263|
||||||112,329|96,263|
##
##
|compens|ation|paid|or payable|to key management
for em|ployee
services is shown
below:||
|---|---|---|---|---|---|---|
||||||2023f|2022f|
|Salaries|and|other|short-term|benefits|115,367|110,233|
##
##
|included
within
the land of the short leasehold
proper
the rented
term are listed below:-|ty.
The amounts
committed
to be rec|eived
during|
|---|---|---|
||2023
F|2022f|
|Within one year
Between one and five years|54,836
12,897|52,086
25,733|
|In more than five years|||
|Total|67,733|77,819|
##
|2023|2022|
|---|---|
|F|F|
||88,980|
||88,980|
||||||2023f|2022
F|
|---|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||||
|Donations
and|legacies||||||
|Voluntary
income|||||319,100|495,861|
|Gift aid|||||9,420|5,620|
|Legacies|||||28,065||
|Grants|||||141,763|226,664|
||||||498,348|728,145|
|Other trading
activities|||||||
|Rents received|||||72,481|47,979|
|Hire offacilities|||||70,979|17,303|
|Sale ofchristmas|trees||||8,025|8,511|
||||||151,485|73,793|
|Charitable
activities|||||||
|Incoming resources||from charitable||activities|1,122,740|834,571|
|Total incoming|resources||||1,772,573|1,636,509|
|EXPENDITURE|||||||
|Other trading
activities|||||||
|Rental expenditure|||||8,919|8,799|
|Purchase
ofchristmas|||trees||6,158|5,982|
||||||15,077|14,781|
|Charitable
activities|||||||
|Wages|||||985,345|998,169|
|Social security|||||70,980|66,793|
|Pensions|||||15,917|15,465|
|Hire ofplant and|machinery||||5,998|5,251|
|Rates and water|||||10,817|5,953|
|Insurance|||||22,352|17,687|
|Light and heat|||||51,391|15,605|
|Telephone|||||2,017|2,027|
|Postage and stationery|||||6,346|6,097|
|Play activities|||||15,519|10,573|
|Training|||||10,470|2,497|
|Repairs and renewals|||||14,889|424,561|
|Motor expenses|||||7,455|4,674|
|Travelling|||||1,032|486|
|Refreshments
and entertainment|||||1,720|2,231|
|Farm & nursery|consumables||||107,624|79,958|
|Carried forward|||||1,329,872|1,658,027|
##
||||2023|2022|
|---|---|---|---|---|
||||F|6|
|Charitable
activities|||||
|Brought forward|||1,329,872|1,658,027|
|Subscriptions|||11,081|8,587|
|Cleaning|||50,336|41,787|
|Catering|||29,510|24,466|
|Bad debts|||6,801|24,519|
|Short leasehold
depreciation|||39,737|27,209|
|Fixtures &fittings depreciation|||10,005|10,356|
|Motor vehicles depreciation|||1,284|1,713|
|Computer
equipment|depreciation||273|417|
|Loss on sale oftangible||fixed assets|543||
|Impairment
losses for|fixed asset||||
|investments||||2|
|Bank interest|||2,315|1,778|
||||1,481,757|1,798,861|
|Support costs|||||
|Governance costs|||||
|Auditors'
remuneration|||13,800|13,800|
|Total resources expended|||1,510,634|1,827,442|
|Net income/(expenditure)|||261,939|(190,933)|