Charity registration number 288070
Company reglstratlon number 01714560 (England and Wales)
KEHELLAND HORTICULTURAL CENTRE LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

KEHELLAND HORTICULTURAL CENTRE LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Tru$t•è$
DJKing
S L Pyner
H Bryant
l H Smith
N Smith
Del¢gat¢d manag¢ment
Chief Executive - Anthea Hedge
Secretary
B Davies
Charity number
288070
Company number
01714560
Registered office
Kehelland
Camborne
Cornwall
United Kingdom
TR14 ODD
Auditor
A2els Audit servI￿s
Woodlands Court
Truro Business Part(
Truro
Cornwall
United Kingdom
TR4 9NH
Bankers
Barclays
28 Chapel Street
Camborne
Cornwall
United Kingdom
TR14 8EL
Solicitors
Paddle & Cocks LLP Solicitors
Charles House
18-21 Charfes Street
Truro
Cornwall
United Kingdom
TR12PQ

KEHELLAND HORTICULTURAL CENTRE LIMITED
CONTENTS
Page
Trustees. report
ststement of trustees, responsibilities
Independent audilols report
8-10
Slalernenl of financial activities
11
Balance sheet
12
statement of cash flows
Notes to the financial statements
14-24

KEHELLAND HORTICULTURAL CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
The truslees present their report and financial statements for the year ended 31 August 2024.
The financial slalernenls have been prepared in accordance with the accounting policies sel out in note 1 to the
financial stslemenls and comply with the ¢h8ritsble wmpany's governing document, the Companies Act 2006 and
"Ac¢ounling and R&porting by Charities." Slalemtrnl of R&¢ommended Practice appli¢able to charities preparing their
a¢¢ounts in a¢¢ordan¢e with tho Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS
1021 leffe¢live 1 January 20191"
Objectives and activities
The Trustees of Kehelland Horti¢ullural Centre Ltd I'¢haritsble Company'l, Stsff and Volunleors Continue lo be
committed to the charity's mission statement.. -
"The provlslon of a rural, hortlcultural settlng for the support of young poople and adults wlth leamlng and/
or physlcal dlsabllltles. Developlng personal and soclal skllls, Indlvldual opportunltlas and actlve
participation in the local Community"
Adhering to the charity's mission statement, the charitable company was incorporated in 1983. sin￿ standing alone
as a charity in 2011, the charitable company has maintained close and positive partnerships with Cornwall Council
and the department ofAdult Social Care and Cornwall Adult Education. The charitable company is also a registered
training provider with OCN London.
The Charity trades as the Kehelland Trust.
The focus this financial year has been to continue to maintain our service as best as possible and diversify servI￿S
lo meet organisational and individual needs.
The trustees have paid due regard to guidan￿ issued by the Charity Commission in deciding what activities the
charitable company should undertake.
The Trustees consider that they have complied with their duty in section 17 151 of the Charities Act 2011, which
requires them to have due regard to guidance published by the Charity Commission.

KEHELLAND HORTICULTURAL CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Achlev8ments and ￿rfOrmanc￿
Over the past 12 months we have:
Provided support for 73 trainees on individual budgets within our day service.
Continued lo work with Comwall Adult Education and OCN London lour awarding body for the education
programmel to deliver meaningful and enriching education prograrnmes lo young adults aged 16-25 who have
an Education, Health and Care Plan. These programmes develop training and support opportunities for young
people and those in transition from education lo employment. Our education provision continues to be
externally assessed as exemplary.
Continued developments in the classroom areas and IT network lo ensure efficient use of all resources and a
professional image.
Enhanced our educ4lion assessment methods further, with video and photographic evidence of achievement
now being ulilised in more units.
Expanded our embedding of engaging with educational ICT throughout our offering, with elements such as
Canva, Kahool and Blooktrt being regularly used by tutors.
Developed work experience programmes with learners partnering with Cambome Town Council on several tree
planting events across Cambome and surrounding publi¢ par¢s and groLJnds.
Continued to Celebrate & enhance our brand image to provide a ¢lear message about who we are and what we
do without restricting our potential to expand. On social media we now have 3.5k page likes and 4.3k followers
with 750 posts and 1253 followers on Instagram with an average monthly reach of 32,839.
Opened a new shop on Cambome high street on 201h January 2024, with financial SLJPPOrt from CIOS Growth
Hub and Camborne BID project A-void supporting new shops with necessary infrastructure works for opening
such as signage and shop fittings.
Reduced wastage on site, fully utilising our produce wherever possible resulting in improved profitability. The
new retail outlet in Cambome allows a sleady flow of produce from site to sale meaning vastly reduced waste,
improved profitability as our relian￿ on wholesale has reduced and better visibility and support for our fresh,
local & seasonal produce.
Continued to supply a range of local provenance, native perennial wildflower stock with partnership working
with Cormac's new biodiversity team 'Urban Green Shoots, running meadow workshops to include scything
demonstrations and a meadow experiment lo look at optimum sowing schedules for best results.
Designed and planted bedding contracts for Helslon Town Council, Perranporth Garden Charities, grew on
plants for Gambome Town Council perennial scheme, designed and supplied a gardening project for supporting
re-housed refugees, started partnership working with Baker Tom.
Continued lo grow native trees from seed and graft heritage Comish Apple Trees from our Community Tree
Nursery thanks lo funds from Comwall Council's Forest for Cornwall Project. This is led by our Learner
Horticultural Work Experience team with events organised and run by our Horticulture & Projects Manager
alongside skilled staff and guest partners such as Resilient Orchards Comwall.
Maintained and enhanced our 16-acre site.
Main18ined our peal-free & rninimal chemical use status for our own growing, using biological controls against
pests. Reducing the amount of single-use-plaslic as far as possible. Continuing with a no4ig approach lo the
land across sile to further improve our biodiversity.
Ran many specialist workshops 8¢ross the year.. Apple t￿e pruning (winter and summer), grafting, pruning,
w￿3th making, nest box making & t￿e planting. We ran an Orchard Conference in the Spring of 2024 which
was ftjlly booked for talks, lectures and demonslralions aboLJI all manner of orchard-relaled experiences, skills
and knowledge. Speakers on Wildlife, Ramial mul¢h and biochar, orchard biodiversity, meadow creation and
more.
Hosted guided tours for visiting groups and did outreach tslks and slide shows for Community Groups. Fuchsia
Society, a group of women growers from Myanmar who feed 1000s of individuals displaced by civil war in the
country. They harvested and pressed apples from our apple tree grown by a village resident from the pip of an
apple eaten in Myanmar and took the jul￿ back wilh them to Myanmar- very speciall Godolphin Community
Group, Kerrier U3A, St Ives U3A, Leedstown CAMEO group.
Continued to develop our group volunteer programmes. Groups have included Seasalt Cornwall who visited
twice totalling 40 members of staff. Other community days and volunteering days have attracted people to the
site.
We attended outreach events,. Camborne GreenFest, Camborne Show, Stithians Show, West of England Steam
Rally.

KEHELLAND HORTICULTURAL CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
What do wè nèèd to focus on for 202412025?
Ensuring there is adequate & appropriate infrastrLJCtLJre for our day service and education programmes.
Market our education programmes to ensure we have full capacity of delivery for 202512026.
Ensure care and support services continue as best as possible to ensure full capacity.
Monitoring and responding to the impact of the ongoing cost-of-living crisis on our staff team, trainees, leamers,
volunteers & visitors.
31 trainees every day on our day service. The Trust currently provides a service for 67 trainees, an average of
29 placements per day.
Continue lo develop our education programmes lo ensure they meet the highest standards and identrfied skills
needs, aligned with learner and local priorities, with a target of 36 learners per year.
To do what we can to maintain stability for the charity, staff team, trainees, leamers, volunteers & visitors.
Continue lo build on our existing marketing strategy and our presence on the worldwide web and social media
network
Further develop corporate volunteering and sponsorship initiatives.
Ensure that weddings, private functions & vibrant corllmunity-led events and celebrations continue.
Maintain and build on sales income & particularfy our profil margins, supporting & upholding our provision. Build
on our in-house production of sales items, improve our seed-saving capabilities by ordering suitable seeds.
Continue lo develop our online sales presence.
Continue lo develop our native plant growing & Community Tree Nursery programmes lo support re-wilding and
pollinator projects across the County.
Continue lo grasp opportunities across funding streams, educational provision and life-skills support for all
those we work with and want lo work with into the future.
Continue to nurture positive business partnerships.
Further invest in site enhan¢ement and maintenance.
The introduction of our new Business Plan for 2025-2030.
Reasons to celebrate at the turn of the financial year
We continue lo work under Cornwall Council's Framework for our day service. This has a far-reaching irnpact.,
not only on our accessibility, bul on the levels of care we can provide.
Our staff team continues lo develop, both lo f8cilil8le growth, ensure exemplary education progr8rnmes & day-
¢are support. Staff continue to be supported lo develop their skillsels, with designated members of staff now
being responsible for the Bespoke provision, running our social media and delivering training on the technology
we use to extemal providers. We ¢onlinue lo look for ways we can facilitate our staff in devtrloping their
interests in a way that also has benefits for our learners, trainees, the Trust and other professionals.
At our external monitoring visit from our awarding organizalion IOCN London), our feedback once again
reflected that our provision is exemplary across the board, with no areas for improvement.
OLJr Education Provision continLJes to provide excellent programmes with 27 leamers this year, thanks to a
subcontract with Adult EdLJcation. We also delivered Bespoke programs (through Comwall Council) to two
leamers.
In our end-of-year leamer questionnaire, all learners rated the Kehelland Trust as being the top possible mark
for'do you feel safe at Kehelland..
The charitable company has been SLJccessful in its application to provide the Duke of Edinburgh Award for our
leamers, with 21 learners enrolled.
The Board of Trustees would like to thank the whole team at Kehelland Trust for showing extraordinary adaptability
and dedication to the work of the charity, to each other, the trainees, learners, families, and volunteers. It has been
another challenging year which we have faced confidently & positively. We can be assured that Kehelland Trust will
continue lo provide exemplary care, support & educational opportunities for young people and adults with
disabilities in Cornwall., all set within the stunning backdrop of 16 acres of productive land, rich in both managed
crops & wildlife providing both sustenance and sanctuary.

KEHELLAND HORTICULTURAL CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Flnanelal rèvlèw
During this period, the Kehelland Trust achieved incoming resources of £1,481,090 12023 £1,341,268) and
outgoing resources of £1,595,073 12023 - £1,471,427), an overall deficit in income over expenditure of £113,983
12023 £130,159).
Our main expenditure continues lo be staff salaries in order lo maintain a skilled and experienced staff team that
can support the changing needs of our service users, and the diversification of services I business development
needed.
Over the last 5 years. Kehelland Trust had been pulling back from a large deficit, however, the deficit these last 2
years is indicative of funding resources not keeping pace with the increase in costs of goods and services as well as
the National Living Wage.
Investment in stsff has continued to account for our highest cost but has th& highest return as maintsining a highly
skilled and experienced stsff team enables us lo continue to provide excellent services for tho people we support.
02312024
02212023
202112022
117 months)
1,614.888
1,559,458
+£55.430
02012021
01912020
Income
utgoings
n¢ome
nditure
1,481,090
1,595,073
-£113,983
1,341,268
1,471,427
130.159
940,877
783,387
157,490
696,563
633,524
63,039
ove
Reserves policy
The Board of Trustees recognise that in order that the charitable company may not only survive, but fulfil its
objectives, it requires adequate finan￿S to ensure that we can meet our slalutory requirements and both working
capital and capital expenditure requirements. The charitsble company strives lo maintsin a healthy solvency barrier
and adheres lo the Reserves and Solvency Policy, which is reviewed annually.
Summary of Funds
3110812024
110812023
3110312022
3110312021
110312021
otal Funds
ash at bank and in
and
angible assets and
lock
Debtor5
reditors
286,034
233,180
400.017
344,267
530,176
433,165
430,537
347,564
317.256
234,698
58,507
62,832
68,081
70,205
9,481
les
-£5.653
£7,082
28,930
12,768
13,077
It is the policy of the charity that unreslricled funds which have not been designated for a specific use should be al
least £250,000. The trustees consider that reserves al this level will ensure that, in the event of a significant drop in
funding, they will be able lo continue the charity's current activities while consideration is given to ways in which
additional funds may be raised. At 31 August 2024 the lolal funds held by the charity were £286,034 12023..
£400,017).
After excluding tangible fixed assets of £36,061 12023.. £40,315) and reslricled funds of £7,76212023.' £nill, the free
reserves balan￿ is £242,211 1£359,7021 which falls slightly below the target level. The trustees are obviously
mindful of this and focused on ensLJring we operate efficiently and effectively in the challenging environment we
operate in. We are now operating at full capacity which ensures revenue from Cornwall Council is maximised. We
are mindful of keeping costs under control and adapting our resources accordingly. We are aiming to build up our
reserves over the coming year and ensure that we are well in excess of the minimLJm.

KEHELLAND HORTICULTURAL CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
The trustees assessed the major risks to which the charitable company is exposed, and are satisfied that systems
are in pla￿ to mitigate exposure to the major risks.
Stru¢ture, go¥ernan¢e and management
The organisation is a Charitable Company limited by guarantee, incorporated on 13th April 1983 and registered as a
charity on 20 January 1984.
The company was established under a Memorandum of Association, which established the objects and powers of
the Charitable Company and is governed under its Articles ofAssociats'on.
Business and Management are driven by the Mission Statement as noted under'objectives and activities..
The charitable company has continued to face difficulties due to increases in the cost of living, goods and services,
national minimum wage and staff salaries, and funding not keeping pace with these. Our priority has continued lo be
lo operate in a safe and secure manner for all our trainees, learners & staff, whilst effectively delivering servI￿s.
Our thanks lo all the staff, trainees, carers, volunteers, and partners who have derllonslrated that a flexible and
adaptable approach can help us overcorlle obstacles. We have continued to fulfill our mission statement, maintain a
cohesive and ever-growing team managing both horticultural support work and day care provision and our own
education prograrnmes alongside supporting the immediate community.
The Board of Trustees continues lo govem the charity in a positive and solulion-focused way.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up lo
the date of signature of the financial statements were..
DJKing
S L Pyner
H Bryant
S W Wallace
M Thompson
l H Smith
J Kelly
N Smith
(Resigned 19 November 20241
(Resigned 17 November 20231
(Resigned 13 August 20241
None of the Iruslees has any beneficial interest in the charitable company. All of the trustees are rllerllbers of the
charitable company and guarantee to contribute £5 in the event of a winding up.
Qualifying third party indemnity provisions
The Trustees consider that they have complied wth their duly in section 17 151 of the Charities Act 2011, which
requires them to have due regard to guidance published by the Charities Corllmission.
The Company is managed by a Board of Trustees., the mernbers of which discharge the functions of a Board of
Directors. The number of Trustee seats on the Board must be no less than 3. The Trustees are as stated above and
are unremunerated. Induction procedures are in place for newly appointed Trustees, with DBS checks and
references requested and recorded.
During the reporting period the Board of Trustees met al regular intervals to receive reports from the Chief
Executive and make decisions. Key Performance Indicators, Risk Registers, Finance Reports and staff structure
updates formed the basis of meetings with the Chief Executive reporting lo the board, making recommendations
and the Board voting on decisions as necessary. Day-lo-day management of the company is carried out by the
Chief Executive and Team Leaders. Management keeps in touch with merllbers of the board as appropriate.

KEHELLAND HORTICULTURAL CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Audltor
In accordance with the company's articles, a resolution proposing that Azels Audit Services be reappointed as
auditor of the company will be pul at a General Meeting.
Dlsclosurè of Infomiatlon to audltor
Each of the trustees has confirmed that there is no information of which they are aware which is relevant lo the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo
identify such relevant information and lo establish that the auditor is aware of such information.
The trustees. report was approved by the Board of Trustees.
PA VIP E/N6
.￿&￿IllAING1Ma¥l4..2D25 11.'23 GMT+il
DJKing
Trustee
Dale..
14/05/2025

KEHELLAND HORTICULTURAL CENTRE LIMITED
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2024
The trustees, who are also the directors of Kehelland Horticultural Centre Limited for the purpose of company law.
are responsible lor preparing the Trustees, Report and the financial stalements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted AccoLJnting Practice).
Company Law requires the trustees lo prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently,.
observe the rllelhods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial slalements on the going concem basis unless il is inappropriate lo presume that the
harilable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al
any lime the financial position of the charitable company and enable them lo ensure th8t the financial slalements
Comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitsble
company and hgn¢e for taking reasonable steps for the prgvenlion and detection of fraud and other irregularities.

KEHELLAND HORTICULTURAL CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF KEHELLAND HORTICULTURAL CENTRE LIMITED
Oplnlon
We have audited the financial statements of Kehelland Horticultural Centre Limited Ithe 'charitable company'l for
the year ended 31 August 2024 which comprise the statement of financial activities, the balan￿ sheet, the
slalement of cash flows and notes 1 10 21 to the financial statements, including significant accounting policies. The
rinancial reporting framework 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 statements-.
give a true and fair view of the stste of the charitsble company's affairs as at 31 August 2024 and of its
incoming reSoU￿S and application of resources, including ils income and expenditure, for the year then
ended.,
have been properly propared in accordanco with United Kingdom Generally Accepted A¢¢ounling Pradi¢e,'
and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of
the financial statements section of our report. We are independent of the charitable company in accordance with the
ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities 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.
Concluslons ralatlng to golng concern
In auditing the financial statements, we have concluded that the trustees, use of the going cOn￿M basis of
accounting in the preparation of the financial ststemenls is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubl on the charitable company's ability lo continue
as a going concern for a period of al least twelve months from when the financial statements are aulhorised for
issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the
relevant sections of this report.
other information
The other inforrnalion comprises the information included in the annual report other than the financial slalements
and our auditovs report Ihereon. The ttuslees are responsible for the other information contsined within the annual
report. Our opinion on the financial slalements does not cover the other information and, except lo the exlenl
olhetwistr explicitly slated in our report, we do not express 8ny form of assuran¢& conclusion Ihertron. Our
responsibility is lo read the other information and, in doing so, consider whether the other information is mal&rially
inconsistent with the financial ststements or our knowledge obtained in the Course of the audit, or otherwise appears
to be materially misstated. If we identify SLJ¢h material in¢onsisten¢ies or apparent material misstatements, we are
required to determine whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have performed, we ¢onclude that there is a material misstatement of this other information,
we are reqLJired to report that fact.
We have nothing to report in Ihis regard.

KEHELLAND HORTICULTURAL CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF KEHELLAND HORTICULTURAL CENTRE LIMITED
Oplnlons on othèr mattèrs prèscrlbed by thè Companlès Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the trustees, report for the financial year for which the financial ststemenls are
prepared, which includes the directors, report prepared for the purposes of company law, is consislenl with the
financial statements.. and
the directors. report included within the trustees. report has been prepared in accordance with applicable legal
requirements.
Matters on which we are ￿qUI￿d to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the directors, report included within the
trustees. report.
We have nothing lo report in rtrspect of the following matters in relation lo which the Companies Act 2006 requires
us lo report lo you if, in our opinion".
adequale accounting records have not been kept, or retLJms adequate for our audit have nol been received
from branches not visited by us,. or
the financial statements are not in agreement with the accounting records and retums., or
certain disclosu￿$ of trustees, remuneration specified by law are not made., or
we have not received all the infomiation and explanations we require for our aLJdit', or
the trustees were not entitled lo prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the Iruslees, report and from the
requirement lo prepare a strategic report.
Responsibilitiès of truste8s
As explained more fully in the slalemenl of trustees. responsibilities, the Iruslees, who are also the directors of the
charitable company for the purpose of company law, are responsible for the preparation of the financial statements
and for being satisfied that they give a true and fair view, and for such inlemal control as the trustees determine is
necessary lo enable the preparation of financial ststemenls that are free from material misslalement, whether due
lo fraud or error. In preparing the financial slalemenls, the trustees are responsible for assessing the charitsble
ompany's ability lo continue as a going concern, disclosing, as applicable, mallers related lo going concern and
using the going concern basis of accounting unless the Iruslees either intend lo liquidate the charitable company or
lo cease operations, or have no realistic alternative bul to do so.
Auditorfs responsibilities for the audit of the financial statements
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from
material rnisslatemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will 81w¥ys delecl 8 material misstslemenl when it exists. Misslalemenls can arise from fraud or
etror and are ¢onsidsred m8leri81 if, individually or in the aggregate, they Could reasonably be expected lo influence
the economic decisions of users tsken on the basis of these financial ststomenls.
A further description of our responsibilities is available on the Financial Reporting Council's website al.. https'.11
www.frc.org.uklaudilorsresponsibililies. This description forms part of our audilorfs report.

KEHELLAND HORTICULTURAL CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF KEHELLAND HORTICULTURAL CENTRE LIMITED
Extent to whlch the audlt was conslderèd capablè of dètectlng Irrogularltles, Includlng fraud
IrregLJlarities, induding fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above and on the Financial Reporting CoLJncil's website, to detect material
misstatemenls in respect of irregularities, including fraud.
We obtsin and update our understanding of the entity, its activities, its control environment, and likely future
developments, including in relation to the legal and regulatory frameworf( applicable and how the entity is complying
with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the
rinancial statements, whether due lo fraud or error, design and perfomi audit procedures responsive to those risks,
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes
consideration of the risk of acts by the entity that were contrary lo applicable laws and regulations, including fraud.
In response lo the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed
procedures which included..
Enquiry of rnanagement and those charged with governance around actual and potential litigation and
claims as well as actual, suspected and alleged fraud.,
Reviewing minutes of rneelings of those charged with governance.,
Assessing the exlenl of compliance with the laws and regulations considered lo have a direct material
effect on the financi81 slalements or the operations of the entity through enquiry and inspedion.,
Reviewing financial slalement disclosures and lesling lo supporting documentation to assess compliance
with applicable laws and regulations.,
Performing audit work over the risk of management bias and override of controls, including testing of
journal entries and other adjustments for appropriateness, evaluating the business rationale of signifi¢anl
transactions outside the normal ¢ourse of business and reviewing a¢¢ounting estimates for indicators of
potential bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulalion. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions reflecled
in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentations, or the override of intemal control.
Use of¢ur report
This report is made solely to the charitable companls members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companls
members those matters we are required to state to them in an auditor's report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charitable
company and the charitable company's mernbers as a body, for our audit work, for this report, or for the opinions we
have formed.
Matthelv Webb (May 14. 2025 15.25 GMT¥II
Matthew Webb FCA (Senior Statutory Auditor}
for and on behalf of Azets Audit Services
1410512025
Chartered Accountants
Statutory Auditor
Woodlands Court
Truro Business Park
Truro
Cornwall
United Kingdom
TR4 9NH
10-

KEHELLAND HORTICULTURAL CENTRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
Unrostrict•d Rèstricted
funds
funds
2024
2024
Total Unrostrictèd
funds
2023
2024
Notes
Income and endowments from:
Donations and legacies
Charitsble activities
Other trading activities
Investments
Other income
5,135
1,265,051
175,898
3,633
1 S,000
16,373
21,508
1,265,051
175,898
3,633
15,000
3,443
1,185,855
150,867
1,103
Total income
1,464,717
16,373
1,481,090
1,341,268
Ex
ndlturn on:
Raisin
funds
Other trading activities
156,248
8,611
164,859
129,277
Charitsble activities
Staff ¢osts and charitable expenditure
1,430,214
1,430,214
1,342,150
Total charitable expenditure
1,430,214
1,430,214
1,342,150
Total axp•nditur•
1,586,462
8,611
1,595,073
1,471,427
Net income for the pèriodtyear
Net movement in funds
1121,7451
7,762
1113,9831 1130,1591
Fund balances at 1 September 2023
400,017
400,017
530,176
Fund balance5 at 31 August 2024
278,272
7,762
286,034
400,017
The slalemenl of financial activities includes all gains andlosses recognised in the year.
All income and expenditure derive from continuing activities.
The siatement of financial activities also complies with the requirements for an income and expenditure account
Ljnder the Companies Act 2006.

KEHELLAND HORTICULTURAL CENTRE LIMITED
BALANCE SHEET
ASAT31 AUGUST2024
2024
2023
Notes
Flxed assèts
Tangible assets
12
36,061
40,31 S
Current assets
Stocks
Debtors
Cash at bank and in hand
13
14
22,446
75,224
233,180
22,517
61,338
344,267
330,850
428,122
Credltors: amounts falllng due wlthln
one year
15
180,8771
168,4201
Nel current assets
249,973
359,702
Total assèts lèss currènt Ilabllltl8s
286,034
400,017
Incomè funds
Restricted funds
Unreslricled funds
18
7,762
278,272
400,017
286,034
400,017
The financial statements were approved by the Trustees on .
1410512025
PA V/2) E/N6
IJAVID.WJNG.IK4iTry.14,aQ25 11'.2J GMT+ll
DJKing
Trustee
Company rnglstratlon numb8r 01714560
12-

KEHELLAND HORTICULTURAL CENTRE LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
Notes
Cash flows from op8ratlng actlvltles
Cash absorbed by operations
16
1112,0751
189,3731
Investlng actlvltl•s
Purchase of tangible fixed assets
Investment In￿Me received
12,6451
3,633
16281
1,103
Net cash generated from investing
activities
988
47S
Net Cash us•d In flnan¢lng a¢tlvltle$
Net decrease in cash and cash equivalents
1111,0871
188,8981
Cash and cash equivalents at beginning of year
344,267
433,16S
Cash and cash equlvalents at end of year
233,180
344,267

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng pollcle$
Charity information
Kehelland HortiCLJltural Centre Limited is a private company limited by guarantee incorporated in England and
Wales. The registered office is Kehelland, Camborne, Cornwall, TR14 ODD, United Kingdom.
The company has no share capital. The liability of each member who has subscribed to the companls
Memorandum & Articles of Association is limited in the event of a winding up to £5.
1.1 A¢¢ountlng conventlon
The financial statements have been prepared in accordance with the charitable company's governing
document,
the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191" The
charitable company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charitable company.
Monetary amoLJnts in these financial statements are rounded to the nearest pound sterling.
The financial slalemenls have been prepared under the historical ¢osl convention. The principal accounting
policies adopted are sel out below.
1.2 Going concern
The trustees have assessed the use of the going concem basis and have Considered possible events or
conditions that might cast a significant doubt on the ability of the ¢harily to continue as a going ¢on¢&rn. The
trustees have considered a period of al least twelve months from the date of approval of these financial
statements. In particular, the trustees have Considered the charity's available cash balances in ¢onjun¢tion
with expected working Capital requirements and have ¢oncluded that there is a reawnable expectation that
the charity has adeqLJate resources to continLJe in operational existen￿ for the foreseeablè future.
The trustees are of the view that there are no material uncertainties that may create significant doubt over the
charity's ability to continLJe as a going concern. The charity therefore continues to adopt the going concern
basis in preparin9 Its financial stalements.
1.3 Charitable funds
Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable
objectives.
Reslricled funds are subject to specific Conditions by donors as lo how they may be used. The purposes and
uses of the reslricled funds are sel out in the notes to the financial statements.
1.4 Income
Income is recognised when the charitable cornpany is legally entitled to it after any performance conditions
have been met, the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable corllpany has
been notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised at the lime of
the donation.
Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending
distribution. the amount is known, and re￿ipt is expected. If the amount is not known, the legacy is Irealed as
a ¢onlingenl asset.
14-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
Icontinuedl
Grant income is recognised when the charity has entidement to the funds, any performance conditions
attached to the grant have been met, it is probable that the income will be received and the amount can be
measured reliably.
Trading incorne is recognised when the goods or services have been provided, typically al the point of sale, or
as services are performed.
Interest income is recognised using the effective interest rale method.
1.5 Expenditu
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
Ihird paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
Ihe obligation can be measured reliably.
Expenditure is 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 undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and
depreciation charges are allocated on the portion of the asset's use.
Expenditure is accounted for on an a￿rualS basis and has been classified under headings that aggregate all
costs related lo the category. Where costs cannot be directly allribuled lo particular headings they have been
allocated lo activities on a bas15 consislenl with the use of resources.
The charity is partially exempl for VAT purposes due to the nature of ils incoming ￿sourCes. On a qu8rtedy
basis the VAT is attributed lo the eX￿nSeS lo which il originated from.
1.6 Tanglble flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation
and any impaimient losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives
on the following bases..
Improvements to leasehold property
FixtLJres and fittings
Office equipment
Motor vehicles
Payments to provisions of assets
10010 straight line
20Q/o Straight line
20 /0 Straight line
20 /0 straight line
200kn straight line
The gain or loss arising on the disposal of an asset is determined as the differen￿ between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end dale, the charitable corllpany reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order lo determine the exlenl of the
impairment loss Irf any).

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
Icontinuedl
1.8 stocks
Stocks are slated al the lower of cost and eslimaled selling price less costs lo complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition. Items held for distribution at no or
norninal consideration are measured the lower of replacernenl cost and cost.
1.9 Fin8n¢i81 instruments
The charitable company has elected to apply the provisions of Seclion 11 'Basic Financial Instruments, and
Section 12 '0lher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company
becomes paty to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a net
basis or to realise the asset and settle the liability simultaneously.
Baslc flnanclal assgts
Basic financial assets, which include debtors, cash and bank balan￿s, are initially measured at transaction
price including transaction costs and are subsequently carried al amortised cost using the effective interest
method unless the arrangement constitutes a financing Iransaclion, where the transaction is measured at the
present value of the future receipts discounted al a market rate of interest. Financial assets classified as
receivable within one year are not amort4'sed.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction pri￿ unless
the arrangement conslitules a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried al amortised cost, using the effective interest rate method.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable ar& classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-¢urrenl liabilities. Trade creditors are re¢ognised initially al
transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are dere¢ognised when the ch8ritsble company's contractual obligations expire or are
discharged or ¢an¢elled.
1.10 Taxation
The charity is exempl from corporation tsx on ils charitable a¢livilies.
1.11 Retirement benefits
Payments to defined ¢onlribulion reliromenl benefit schemes a￿ Charged as an expense as they fall due.
16-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Donatlons and 1ogacl8s
Unre5tri¢ted Restricted
funds
funds
Totsl Unrestricted
funds
2024
2024
2024
2023
Donations and gifts
Government grants
4,627
508
4,627
16.881
3,443
16,373
5,135
16,373
21,508
3,443
Charitable
activities
Personal
Budgets
2024
Education
Income
2024
Total
2024
Personal
Budgets
2023
Education
Income
2023
Total
2023
Adult social care
419,776
845,275 1,265,051
331,054
854,801 1,185,855
Other tradlng actlvltlès
Unrestricted Unrestri¢ted
funds
funds
2024
2023
Kil¢hen income
Shop income
Lettings income
18,820
135,665
21,413
17,563
121,330
11,974
Other trading activities
175,898
150,867
In¥¢$tments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
3,633
1,103
17-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Other Incomè
Unrestricted
funds
Total
2024
2023
Insurance claim
15,000
Charitable activities
Staff costs Staff costs
and
and
charitable charitable
expenditure expenditure
2024
2023
Staff costs
Depreciation and impairment
Rates and water
Insurance
Light and heat
Telephone
Postsge and stslionery
Advertising
Travel and subsistence
1,218.682 1,130.203
6,899
11,023
1,828
1,467
9.050
8.136
16,344
14,462
3,365
1,378
4,487
5,121
610
1,504
14
154
E 11
Motor expenses
Rent
Uniform and protective clothing
Repairs and renewals
Cleaning and laundry
Staff training
Professional fees
Dance and other activities
Other charitsble expenditure
7,584
16,742
2,544
33,529
5,981
4,675
17,216
8,757
31,535
6,356
7,274
3,558
21,047
5,966
1,827
25,766
11,405
56,182
1,389,842 1,312,829
Share of support costs Isee note 81
Share of governance Costs Isee note 81
13,072
27,300
12,320
17,001
1,430,214 1,342,150
18-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Support costs
Support Governance
costs
costs
2024
Support Governance
costs
costs
2023
Bank charges
IT support and
broadband
Payroll ServI￿S
3,308
3,308
2,778
2,778
7,301
2,463
7,301
2,463
6,874
2,668
6,874
2,668
Audit fees
Accountancy
16,800
10,500
16,800
10,500
12,950
4,051
12,950
4,051
13,072
27,300
40,372
12,320
17,001
29,321
Analysed betr￿een
Charitable activities
13,072
27,300
40,372
12,320
17,001
29,321
Support costs are not attributsble to a single activity bul rather provide the organisalional infrastructure that
enables output activities to lake place.
Trustees
During the year the trustee S L Pyner received a salary of £34,858 12023.. £33,013) in respect of her
employment as the Horticultural Coordinator.
Other than the above, none of the trLJStees lor any persons connected with them) received any remuneration
or benefits from the charitable company during the year {2023'. nonel-
10 Employees
The average monthly number of employees during the year was..
2024
NuM￿r
2023
Number
72
71
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
1,121,873
68.654
28,155
1,048.299
59,580
22,324
1,218,682
1,130,203
There were no employees whosg annual remuneration was more than £60,00012023'. none).
19-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
11 Taxatlon
The charity is exempt from tsx on incorne and gains falling within section $05 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Ad 1992 to the exlenl that these are applied to its Charitable objects.
20-

(n

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
12 Tangible fixed assets
Icontinuedl
Payments for Provision of Assets
il Pre 1 April 1985
In order that the company may have the use of assets al a cost excluding VAT, certain assets were purchased
by Cornwall Council utilising funds raised by the Company. Although the title of these assets remains with
Cornwall Council, the Company understands that the Council will perrllit the assets lo be Irealed as though
the lille vested with the Company.
ill Post 1 April 1985
From 1 April 1985, when the company registered for VAT purposes, all assets have been purchased through
the company and tille rests with the company.
13 Stocks
2024
2023
Finished goods and goods for resale
22,446
22,517
14 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
43,041
32,183
55,501
5,837
75,224
61,338
15 Creditors- amounts falling due within one year
2024
2023
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred in¢ome
23,683
22,310
10,242
24,642
9,354
10,902
29.440
18,724
80,877
68,420
22-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
16 Cash gènorat8d from op•ratlon$
2024
2023
Deficit for the year
1113,9831
1130,1591
Adjustments for..
Investment income recognised in statement of financial activities
Depreciation and impaimient of tangible fixed assets
13,6331
6,899
11,1031
11,024
Movements in working capitsl..
Decreasellincreasel in stocks
Ilncreaselldecrease in debtors
In¢rease in creditors
71
113,8861
12,457
15,1471
4,975
31,037
Cash absorbed by operations
1112,0751
189,3731
17 Analysis of changes in net funds
The charitable company had no debt during the year.
18 Restrictèd funds
The income funds of the charity include restricted funds comprising the following unexpended balances of
donations and grants held on trust for spe¢ifi¢ purposes..
Movement
in funds
In¢oming
Balance at
resources 1 September
2023
Movement in funds
In¢oming
resources
ResOu￿e5
expended
Balance at
31 August
2024
Growth Hub grant
16,373
18,6111
7,762
Growlh Hub Grant- In order lo address the pressLJres on space on our site al Kehelland, we located a town
centre shop site in Cambome for OLJr sales operations. This allowed us to apply for a grant from the Comwall
and Isles of Scilly Growth Hub to assist LJS With developments in town and fund much needed infrastructure
improvements on site. The grant, which we were required to match-fund, allowed better digitsl & physical
access in the shop in Camborne,. it covered the cost of our new Electronic Point of Sales System, disabled
access lift, kitchen & accessible toilet. The grant also part fLJnded providing power and WiFi to our onsite
shop.
19 Analysis of net assets between funds
Unr8stricted Restricted
funds
funds
2024
2024
Total Unrostrict•d
funds
2023
2024
Fund balances at 31 August 2024 are represented
by..
Tangible assets
Current 8ssetsllliabililiesl
36,061
242,211
36,061
249,973
40,315
359.702
7,762
278,272
7,762
286,034
400,017
23-

KEHELLAND HORTICULTURAL CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
20 0￿ratIng leas8 commltmènts
At the reporting end dale the charitable company had oulslanding commitments for future minimum lease
payments under nOn-Can￿lIable operating leases, which fall due as follows..
2024
2023
Within one year
Between two and five years
20,600
8,642
7,100
11,242
29,242
18,342
21 Related party transactions
Ramuneratlon of kèy managemènt porsonnol
The remuneration of key rnanagement personnel is as follows.
2024
2023
Aggregate compensation
161,396
174,237
During the finanaal year S Pyner, spouse of Sally Pyner Itrusteel, was employed by the charity and was paid
a gross salary of £1,55312023'. £1,6071-
During the period payments were made to Resilient Orchard Cornwall CIC, a CIC in which Sally Pyner
Itrusleel is a director, of £48012023.. £9451 relating to event expenditure. There was no outstanding balance
at the year end12023.' £2401.
24-