2024-03-31-accounts

So¢l81 F8rm$ and Gardens SocialFarms &Gardens Ffermydd a Gerddi CymdeithasoL SOCIAL FARMS AND GARDENS REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR YEAR ENDED 31 MARCH 2024 Charity Commission Number: 294494 Off ice of the Scottish Charity Register Number: SC039440 Company Number (registered in England and WaLes): 02011023 Amended Accounts Replace the original accounts. are now the statutory accounts and are prepared as they were at the date of the original accounts

S*xial Farmg and G8rd8ns SociaLFarms &Gardens Ffermydd a Gerddi CymdeiLhasoL CONTENTS PAGE COVER PAGE REPORTOFTHETRUSTEES 2-18 AUDITOR'S REPORT 19-21 CONSOLIDATED STATEMENT OF FINANCIALACTIVITIES FOR YEAR ENDED 31 MARCH 2024 22 CONSOLIDATED BALANCESHEET AT 31 MARCH 2024 23 CONSOLIDATED CASH FLOWSTATEMENT FOR THEYEAR ENDED 31 MARCH 2024 24 NOTESTO THE CONSOLIDATED FINANCIALSTATEMENTS FOR THEYEAR ENDED 31 MARCH 2024 25-44

Socl8L Farn)s and Gaidom SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OFTHE TRUSTEES (YEAR ENDED 31st MARCH 2024) The consolidated financi81statements have been prepared in accordance with the accounting policies Set out in note 1 to the financial statements and comply with the Charities Act 2011. the Companies Act2006. the Memorandum and Articles ofAssociation, andthe CharitiesStatementofRecommended Practice Icharities SORP") (applicable to charities preparing their accounts in accordance with tho Financial Reporting standard applicable in the UK and Republic of Ireland- FRS 1021 issued in October 2019. The comp8ny has taken advantage of the exemption to not have to prepare a strategic report in accordance with the "the Companies Act 2006 Istrategic Report and Directors, Report) Regulations 2013". Trustees, resDonsibilities The Trustees are required by Company Law to prepare financial statements that give a true and fair 8ccount of the state of Social Farms and Gardens I'SF&G'I. The Trustees are required to: Select suit8ble accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent Prepare the financi81 statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business The Trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy at anytime the consolidated financial position of the charity and enable them to ensure that the financial statements complywith the Companies Act 2006. They are also responsible for safeguarding the assets ofthe charity and hence for taking reasonable steps forthe prevention and detection of f raud and any other irregularity. So far as the Trustees are aware, there is no relevantaudit information ofwhich the company's auditors are unaware. Each trustee has made themselves aware of any relevant audit information and has ensured that the auditors are aware of that information. The Trustees confirm th8ttheyhave given due regard toguidance published bythe Charitycommission as required by Section 4 of the Charities Act 2011.

So¢lai Fam)$ and G8rdon8 SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OF THE TRUSTEES (continued) {YEAR ENDED 31 st MARCH 21124) Public Benefit The Trustees confirm thatthey have regard forthe Charity Commission's guidance on public benefit. Having monitored activities. the Trustees are of the view that our activities are in line with the vision, mission, strategy and charitable purpose and that these deliver public benefit both to the individu818 who directly benefit f rom our services and indirectly through the improved services that our members and other organisations deliver. Our members includ8 Community Gardens. City Farms 8nd Carelsocial Farms. These organisations benefit from the advocacy. networking. training. advice and support and quality assurance that we provide. They can share skills. build capacity. improve their st8nd8rds and make partnerships with other organisations and commissioners. Their work contributes to the education. health and wellbeing and Cohesion ofthe communities that they serve.

Soclal Farm8 and Garden$ SocialFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OF THE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2024) Vision, Mission and Strategy People and communities re8ching their full potential through community growing and nature-based activities as a part of everyday life -Ir mission To supportpeople and communities to improve the he81th and wellbeing of people and planet through ¢ommunitygrowingand natura-based activities Social farming and gardening is increasingly recognised as a solution to many of society's challenges. It has a wide range ofwell documented benefit5 for health and wellbeing and community cohesion. Community developn7ent, mutual support, access togreen space forall. We build strongrelationships. collaborations and networks thatare inclusive and empoweringfor communities and people Our Strategic Priorities To work with members and partners. usingour collective knowledge and shared vision. to advocate, inspire, and enable community growing and nature-based solutions to improve the wellbeing of people and planet Howwe work towards 8chieving ourvision: 1. Develop services and projects to meet increased demand and opportunities 2. Serve and grow the membership 3. Strengthen and growthe organisation's role for nowand in the future

Soclal Farms and Gardens SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OFTHE TRUSTEES (continued) (YEAR tNDE0 31st MAAb'14 2024) Ch8ir's intrndiir.tinn The Trustees regret that the final audited 2023-24 accounts are also being f iled late. The in-house Finance Manager was appointed in June 2024 and has worked hard to resolve the outstanding issues. which resulted in some delay in the completion and auditing. Social Farms and Gardens ISF&GI is a charity supporting communities across the UK to farm, garden and grow together. We have over 3,000 members using nature-based activities as a catalyst to transform the lives of people and the communities in which they live. We supportthese grassroot organisations from smallfruit and vegetable plots on urban housingestates to large-scale rural care farms, transforming lives and connecting people. SF&G provides a voice forthe thousands offarmers, gardeners and growers whose work improves the lives of millions of people. In London, Northern Ireland. Wales and Scotl8nd. our staffed projects continued to support organisations to work more closelytogether and to learn from each other. Members in the whole of the UK benefitted from our online resources. social media conversations. members. meetings, webinars bulletins and sectorjobs updates. In Wales and Scotland, the Community Land Advisoryservice provided 8dvice around community18nd management. Other schemes have given direct support to member groups.. distributing grants and resources. The development of the Green Care Quality Mark from the Code of Practice is providing a quality assurance scheme forgreen care providers. We are grateful to Sally Partridge, who was the Ch8ir of the Board during the first quarter of this year. who had led us through the changes in the leadership of the org8ni58tion which resulted in the Board having to take more responsibility than it had in the past. Malachy Dolan and Caroline Hutton have been co-chairs since June 2023. Malachy Dolan and Caroline Hutton Co-chairs of Trustees

Soclal Farms and Gardons SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OFTHE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2024) Review of Activities 2023-24 Overview The charity has a wealth of resources and experience, built up over40 years to offer new members and the sector. SF&G have taken part in demonstration projects. primary research and policywritingforthe sectorto ensure this growth continues and is supported by local. devolved and central government. Our members contribute significantly to individual. community and environmental health and well- being delivering climate action at a hyper local level - regenerative land use, increase of biodiversity. community land management and stewardship, while producing fresh local food. SF&G has operated an Executive Team management model. with representation across the UK. since February 2021. This has increased competency and collaboration at both a strategic and operational level and has provided significant economic efficiency in challenging financial times. SF&G have attracted additionalfunding across the UK from a range offunders and Consultancy contracts. The Board would like to acknowledge the resilience and effort of all staff. Reviewing our objétstlW¢> a) 111 tkte £Q£Ji24 ti'ustee¥ report and how SF&G hao work.p.d tn achieve these: We continued to Serve our members wlth newsletters, information, advoc8cyand respondingto questions Provide training for our members. responding to their needs and developing their training delivery skills Support our members, workwith the Green Care Quality Mark Manage the organisation's finances with the help of an outsourced provider Manage the end of our time in the GreenHouse and found another home with Windmill Hill City Farm as our Registered Office inJanuary2024 and then Pen Dinas CommunityGarden in August 2024 Diversifyour income with charged services for members Improve our communications with a new web site and used social media to promote the work of our members to our partners and the rest of the world We conducted a pay reviewwith South West Counclls.

Soelol Farms and Gardens SociaLFarms &Gardens Ffermydd a Gerddi CymdeiLhasoL REPORT OF THE TRUSTEES (continued) (YEAR ENDED 31st MAALtrI 2Q24) MembershiD Membership continued to grow as communities discovered the benefits ofgrowingin communities and discovered the wealth of information on our web site. Membership continues to be free. with income earned from providing services {e.g. training). As a membership organisation SF&G also secures funding for particular projects which we then make available for our members to applyfor. Or4yanisg*j?n development Esmee Fairbairn Foundation funded the senior staff to work on our strategic issues as a second-tier organisation with an increasing membership. Devolution, leaving the EU and the pandemic have changed the environment and howwe operate. iupport ana advice The SF&G website www.farmgarden.org.uk has almost everything that a new community garden. city farm or carelsocial farm needs to get started. A resource like this needs regular updating. both in its content and its software. Our staff produce regular newsletters and use social media to promote what services we provide. InTormation on Activities SF&G agreed a Climate Statement this year. Community Land Advisory Servlc8 (CLAS CymrLII. funded by the Welsh Government. supports the sector in Wales with land and p18nning issues and raises 8W8reness of community managed green spaces. Growini5 Piebi1ieiice: DigaiiirJ OA.-. I? funded by the National Lottery Community Fund". People & Communities. A five-year project 2019- 2024to build capacity in the communitygrowingsector across each local Council area in Northern Ireland based on skill-sharing, networking and relationship building with decision makers. pilot in Nl funded by Necessity to build resilience and skills in seed saving and a network for seed exchange, overcoming boundaries imposed by Brexit and Covid.

Social Farms and Garden$ SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OFTHE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2024) rii-:nt P, Primary Research Funded by the National Lotterycommunity Fund, the Urb8n Agriculture Consortium and Sustain Social Farms and Gardens directlysupports a number ofthese emerging networks across the UK. e.g. a contract with Ards & North Down Council in Nl, delivering a Food tor the Planet programme including distribution of micro grants for community growing initiatives using Participatory Budgeting and in Carmarthenshire County Council. in W81es where we host the network coordinator. Scottish Government Food & Drink, Good Food Nation Team funding,, supported two main strands of work in Scotland, Community Land Advisory SeNice and Gardeniser. This enabled community projects to secure Land for food growing and 17 people to complete the second Scotland accredited course for'community growing organisers,. funded byThe Kusuma Trust UK, supported members to design, deliver and participate in 13 professional development days on topics such as co-production. data- management. volunteer management, corporate partnerships and profession81 boundaries. This was coupled with 8 networkingtours of members Sites. Members collaboratedtodemonstratethe sector'svalue through events such asthe London Harvest Festivaland a communitygardens showcase in central London. The programme amplified the voice of farm and gardens to the wider world. facilitated dovetailing rather than competing. and was proud to pay members for training delivery and facilities hire. Funding from both and saw SF&G work closely with East End London communities to successfully engage Londoners young and old in the sector. We also installed a newstick Man Trail in Newham. 18 people gained a qualific8tion 8$ a result of these funders grants, with 1,000 people accessing information and guidance through email, phone and the London bulletin. SF&G also seconded the London Manager part-timeto Kentish Town City Farm to bridge a summer-long gap belmeen Directors at the farm. funded bythe Welsh Government. a £1.30m partnership project led bysocial Farms and Gardens to pilot alternative re-Ioc81ised food systems using communities and their green spaces as the driving force for change across Wales until June 2023. Projects include.. A national 811otment development te8m. Innovative food hubs, community orchards, Greener corridors and spaces in Gwynedd. exploring community access to farms and land, building horticultural future farming skills

So¢l81 Famis and Gardens SocialFarms &Gardens Ffermydd a Gerddi Cymdeithasol REPORT OFTHE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2Q24) Groiviri- kiesilierice ,oss I, funded by the Community Foundation Ireland, a cross-border partnership project between SF&G in Northern Ireland and our sister organisation in Ireland, Community Growing Ire18nd. This project recognises an all-islandlbioregional approach in matters of the environment and natural resources. Our constituencies gain insight into activities across Ireland. The partnership enhanced advocacy. lobbying and policy proposals at a national level in both jurisdictions for the provision of and support forcommunity gardens. Hilden Tru: . funded summer play8Ctivities at member sites across the UK. FAihlp_ fArAFfi funded by the National Lottery. supporting networking between community growing sites across Wales. development of resource 8nd skills sharing, and advocating on behalf of the network to get more land in Cardiff into use forgrowing until September 2024. Procurement Food Hub.- funded through Welsh Government and the European Community Rural Development Fund. The Food Hubs project has supported two community food hubs to upskill and to become 8ccredited to supply the local authorities, health boards and care setting in several communities in Wales. a transformative initiative underway to help develop a thriving, sustainable. and inclusive local food system in Carmarthenshire. Through the Bwyd Sir Gar. the county's dynamic food partnership, the project aims to address a range of social, economic, and environmental challenges. In collaboration with key delivery partners Hywel Dda University Health Board, Food Sense Wales, Carm8rthenshire Association of Voluntary Services and Social Farms and Gardens. Carmarthenshife County Council leads the project lo enhance the locaL food economy. promote health and wellbeing. and contribute to nature recovery and climate resilience. There are three strand5 of project deliverythat include. Connected Communities and Community Access to Healthy Food. Strategic Land Managementfor Public Goods and Building a Good Food Movement. Building on its existing work. Bwyd Sir Gar Food's Food System Development Project aims to improve the localfood system for current and future generations. we have been funded by DTAW8les to create support and guidance around food procurementforoursectorand we have been workingwith a number ofpartners on this duringthe year. funded a competition for members redesigning part of their sites. with a prize offunds to payforthe construction. 10

Soelal Faims ond G8rd8n8 SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OF THE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2024) '.vn Council Northern Ireland Micro grants distributed usingthe Participatory Budgeting Model. SF&G in Wales successfully tendered fora pictorial guide forTowns and Community Councils in Wales to set up communitygrowing spaces. This guide was printed in physical form and is available via One Voice Wales, the representative bodyfor Community and Town Councils in Wales. a three-year project to help people in Wales take their first steps towards climate action. We aim to inspire and empower communities across Wales to take action and live in a more sustainable way. We don't claim to have all the answers and solutions. but we're aimingto help to tick as many of those Earth-friendly boxes as possiblel Our aim is to conne¢t'champion' groups, who are established organisations within the Social Farms and Gardens membership cir¢le- with groups and communities who areworkingtowards creatingtheir pathwaytowards a sustainable and regenerative future. Many of us experience feelings of powerlessness when faced with the threats of climate change. Likewise, groups may be Climate conscious but may be unsure on where to start on their eco journey. We aim to facilitate relationships that will pave the way for grassroots, community based green action to mitigate and tackle climate ¢h8nge. an SF&G in Wales led partnership pilot project. focussed on a Powys site. The partnership shares 8 vision for more agroecological horticultural enterprises across Wales. helping to meetthe fruitandveg needs ofourcitizens and supportinga flourishing ruraleconomy. The partnership includes: Our Food 1200, Powys County Council. Shared Assets. Ecological Land Cooperative. Gwlad Consortium, Landworkers Alliance, Cultivate and the Powys Sustainable Food Partnerships. Lantra Wales. Nature Friendly Farming Network, Black Mountains College. With Welsh Government Backing Local Firms Funding, the partnership supported Powys County Council to develop p18nning guidance to support and assist small-scale horticultural enterprises in the preparation of a planning application for a Rural Enterprise Dwelling (permanent or temporary). The continuing Shared Prosperity funding runs until December 2024 to take on a new growing site in Powys, submitting a planning application to putthree temporary dwellings and horticultural enterprises on a Powys farm holding. Tyfu Powys Shared Prosperityfundingto work with communitygrowingsites in Powys to support10¢81 people to grow, be active, healthy and learn new skills. We recruited for a Tyfu Powys Development Worker at the end of 2023. Tyfu Powys runs a series of support strands for community growing organisations, in¢Luding small capital grants, bespoke development support, orchard and mapping training until December 2024. SF&G sits on bi-weekly panel meetings awarding starter and wildlife or food development packages to sites across Wales that want to incre8se access to nature for their community. When a food development package is awarded. SF&G is the expert partnerthat attends a

So¢lal Form# #nd Gardens SocialFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OF THE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2Q24) sitevisitand produces a reportgivingan indication ofwhere key. large elements ofthe package be sited. Until March 2025. a Horizon Europe project. aiming to identify ways in which effective nature-based therapy and a broader green care framework can be scaled-up to improve adult mental health and wellbeing equity while contributing to multiple socio-ecological co-benefits. GreenME covers three scales: nature-in-everyday-life Ithe existence of green and blue infrastructure for viewing and walks), n8ture- based health promotion Ithe promotion of active interaction with nature, such as gardening and conservation) and nature-based therapy (the provision of treatment for individual patients. The project comprises 21 partner organisations from across Europe and the US and will run until 2027. Advocacy Social Farms and Gardens has continued to advocate on behalf of our members. promoting the benefits of their work in their local Communities. SF&G have worked with the devolved governments and central government overthe year. We have contributed to the updating and re-writing of key Welsh Government documents 8imed to stimulate and support more community growing spaces, such as allotments and community gardens. Training and Webinars ' funded supportfor Community Supported Agriculture, around planning and crop managemenl I rotation. funded by the EU. delivered in partnership across Europe. we train people to run community gardens. including organising placements in othercountries Weblna",- Monthly Webinars were held for members on subjects of interest, The Orchard Forum and The Allotment Forum were held quarterly Qiiality Assurance The, we are workingwith our¢olleagues inthe Green Care Coalition to extend the use of the Quality Mark across the sector, 12

So¢l8l Forms and Gardens SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OF THE TRUSTEES (continued) (YEAR ENDED 31 st MARCH 2024) Plans for 2024-25 Throuqhout the UK To continue: Serving our members with newsletters, information, advocacy and respondingto questions Providing training for our members, responding to their needs and developing their training delivery skills Supportingthe quality of our members. work with the Green Care Quality Mark Managingthe organisation's finances, with an in-house Finance Manager Diversifying our income with charged services for members Communications: improving the new web site and using soci81 medi8 to promote the work of our members to our partners and the rest ofthe world. Governance The Board will continue.. To meet regularly both in person and byvideo conference To monitor the organisation's f inances To considerthe structure and leadership of the organisation To review the policies of the organisation To review strategic plans. Fundraising Social Farms and Gardens strives to have diverse funding streams. A large proportion of ourfunding is from Charitable Trust grants. we continue to receive gr8nt support from the Scottish Government. In addition, SF&G tenders for contractwork with devolved country governments and Local Authorities. In Wales. we have secured European Union Funding through the Welsh Government for predominantly capital programmes. We also earn income from: training programme delivery, consultancy work, Partnership initiatives, research projects. managing grants to our members and modest philanthropic donations. To continue: Building re18tionships across the sector and with our members and academic partners Building relationships with funders and the public s8Ctor 13

So¢lal Farms and Gardèns SociaLFarms &Gardens Ffermydd a Gerddi CymdeiLhasoL REPORT OF THE TRUSTEES (continued) (YtAfrI tNOEO 31st MARbH 2IJ24) Identifying sources of income that meet our strategic aims and fit within our values. Sustainability To: Ensure financial security by reviewing and f inding ways to build reserves Encourage the 8qU81ity. diversity and inclusion work of the organisation. Financial Review Reserves Policy In accordance with the guidelines from the Charity Commission. the Trustees and ExecutiveTeam have reviewed the policy 8nd continue to plan for'free reserves'of between three- and six-months running costs. This was calculated on 'core' costs. but at request of the staff, we have started making the calculation based on all costs. At 31 March 2024. the accounts showthe following (previous year, 31 M8rch 20231 General reserves: £70,72112023: £64,9021- set aside to fund some of the overhead expenditures and all the objectives and activities that the trustees decide are required including a 3-months running costs of the organisation. Designated reserves - set aside for specif 1¢ work: £80,49012023: £280.3611 this includes a fixed asset reserve of £6.80212023: £163,126) Restricted reserves- advance payments on continuing projects: £63.94412023: £89,762) As disGlosed in note 3lbl to accounts. we did not complywith our reserves policy as of 31 March 2024 and the date ofthis report. To achieve a more appropriate level of reserves. the charitywill continue to practice: Comprehensiije. fuiidin6 bi[1 to cover overheads as well as direct costs. Some grant funding streams provide inadequate coverage for overheads a panel of seniorstaff with Board representation to ensure that all projects contribute to overheads and don't endanger the organisation . with oversight bythe Executive Team and the Finance Manager Income generatlon by providing charged services such as consultancy and training The Reserves policy is reviewed annually, and the reserves required are calculated quarterly to take 8ccount of changes in operating costs. 14

Soclal Farmg ond G8fdens SociaLFarms &Gardens Ffermydd a Gerddi CymdeiLhasoL REPORT OFTHE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2Q241 Financiat management and checks A trustee and the Company Secretary are delegated to carry out financial controls on income and expenditure including payroll, credit cards and bank transfers. Random sample checks are undertaken by other trustees. A system is in place that significant expenditure is authorised by 8 trustee and all expenditure is monitored, checked and countersigned. Expenditure against budget is monitored monthly. The Trustees are confident that appropriate checks are in place. Additional financial controls include: Providingclear and accurate management reports, quarterly The Trustees are informed promptly of any major changes in our financial position Financial policies and strategies are up to date, agreed bythe Board and implemented Continuingto workto the SORP and any other accepted good practice The Trustees have assessed the major risks to which the organisation is exposed, in particular those associated with f inance and operations and are satisfied that systems are in place to mitigate exposure to major risks. Internal risks are minimised bythe implementation of effective systems and control procedures, which ensure appropriate authorisation of projects and transactions, and consistent quality of delivery. TI-LI {- ill i e, Goi1￿￿rilalItiti Lilld i%1 rl !}olKJg I Ii,:fii The formal name ofthe charity is now Social Farms and Gardens (otherwise referred to as SF&GI. The name change from The Federation of City Farms and Community Gardens was implemented followingthe mergerwith Care Farming UK, which occurred on 1st April 2018. The legal status of the Federation was retained following the merger. th8t of a charitable company limited by guarantee. It is registered with the Charity Commission in England and Wales Inumber 2944941, the Off ice of the Scottish Charity Regulator in Scotland (number SC0394401 and Companies House in England and Wales (number 2011023). The company was established in 1980 and registered as a charitable company on 20 June 1986. The Memorandum and Articles which set out the objects. powers and governance of the charity were reviewed following the merger and have been updated in the light of minor changes to the governance structure. The charity w8s established under a Memorandum of Association which establishes the objects and powers of the charitable company and is governed under its Articles ofAssociation. In the event of the company beingwound up members are required to contribute an amount not exceeding £1.

So¢l•l Fambs and Gardens SociaLFarms &Gardens Ffermydd a Gerddi CymdeiLhasoL REPORT OF THE TRUSTEES (continued) (YEAR ENDED 31 st MARCH 2024) Social Farms and Gardens is a charity registered with the Charity Commission in England and Wales (No. 2944941 and the Office of the Scottish Register of Charities {SC039440}. It is a Company Limited by Guarantee registered with Companies House (No. 2011023). Members ot the Board of Directors (Trustees) Under the Articles of Association. the Board can have a maximum of eleven members. eight of whom are elected at the AnnualGeneral Meeting by the voting members. Up to three people are appointed by the Board. The Board elects a Chair. a Vice Chair and the Company Secretary. The Board metwith the ExecutiveTeam, ten times in theyear. Most meetings have been held usingvideo conferencing, but two were held in person in June (Birmingham) and November (Belfastl. Trustees are volunteers and receive no financial benefit from the charity. Any reclaimed expenses are shown in the accounts. The Board choose someone to provide supervision or line management to the Executive Team who line manage the rest ofthe staff. Related parties The charitywholly owned a Community Interest Company {Cultivating Communities) registered with Companies House (No. 07292005). All profits are gifted to the Charity. The B08rd agreed tostrike off theCIC onthe 1p of December2024, as allactivities could be run directly through the charity. Atthe end of 31 March 2024. the CIC board comprised: lan Egginton-metters Caroline Hutton Icompany Secretary) Paul Savident 16

Social Famis and Garden8 SocialFarms &Gardens Ffermydd a Gerddi CymdeiLhasoL REPORT OFTHE TRUSTEES (continued) (YEAR ENDED 31st MARCH 2024) Reference and Administrative Information Charity name: Social Farms and Gardens Charity registration 294494 Scottish Charity SC039440 Company 2011023 Registered Off ice... Cultivate. Pendinas, Llanidloes Road, Newtown, SY16 4HX Auditors: Burnside Chartered Accountants 61 Queen Square. Bristol BS14JZ Bankers: Co-operative Bank PLC. 14 Broadmead. Bristol BS13HH CAF Bank, 25 Kings HillAvenue, West Malling ME194JQ Triodos Bank. Deanery Road, Bristol BS15AS Scottish Widows. 67 Morrison Street, Edinburgh EH3 8YJ Royal Bank of Scotland. 36 St Andrews Square. Edinburgh EH2 17

Soclal Farms and Gard￿* SociaLFarms &Gardens Ffermydd a Gerddi CymdeithasoL REPORT OFTHE TRUSTEES (continued) {YEAR ENDED 31st MARCH 2024) Trustees The Directors ofthe charitable company. Social Farms and Gardens. are its trustees for the purpose of charity Law and throughout this report are collectively referred to as the trustees. The trustees serving during the year and to the date of signing were as follows: Sally Partridge {resigned 30 June 20231 Malachy Dolan (term ended 31 March 2024- but co-opted for a further period) D8vid Drury Ilerm ended 31 March 2024- but co-opted for a further period) Gemma Hooper (resigned 10 July 20231 Michelle How8rth Iresigned 31 March 20241 Caroline Hutton John le Corney Michael Collins (elected 1 April 2023 resigned 12 September 2024} Michael Hardman lappointed 29 February 2024} Elinor Goff lco-opted 14 December 2023. elected 22 October 20241 Vicky Moller Ico-opted 14 December 2023, elected 22 October 20241 Mich8el Chadney (appointed 4 April 2022. resigned 11 September 20231 Mark Roberts (elected 1 April 2023. resigned 18 September20231 Ellen Ledingham (appointed 15 M8y 2023. resigned 31 March 20241 Executive Team AmberAlferoff (London manager) Sophie AntonelLi Icentralservices manager until November 2023) Gary Mitchell (Joint Wales manager) Dr. Nico18 Perkins (Joint Wales manager until September20231 Patricia Wallace (Northern Ireland manager until December 20241 18

Soclal Fam)s and Garden5 Independent Auditor's report to the trustee5 of the S¢xlal Farms & Gardens for the year ended 31 March 2024 OPINION We have audited the financi81 statements of Social Farms and Gardens Iformerly the Federation of City Farms and Community Gardens) for the year ended 31 March 2024 which comprise the Consolidated Statement of Financial Activities. the Consolidated an(J Parent Company Balance Sheets. Consolidated Statement of Cash Flows and the related notes. The financial reporting framework that has been applied in their prepar8tion is applicable Law and United Kingdom Accounting Standards. including FRS 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 state of the group's and of the parent charit8ble comp8ny's affairs as at 31 March 2024 and of the group's Incoming resources and application of resources. including its income and expenditure, for the year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pr8C- tice- and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities and Trustee Investment (Scotlandl Regulations 2006 and regulations 6 and 8 of the Charitles Accounts (Scotlandl Regulations 2006. This report is made solelyto the company's members, as a body. in accordance wtth Part 16 ofthe Companies Act 2006. Our audit work has been undertaken sothat we might state to the company's mernbersthose m8tter8 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 to anyone other than the parent charitable company and the parent company's members as a body, for our audit work. for this report. or for the opinions we have formed. BASIS FOR OPINION 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 group and the parent chari- table company in accordance with the ethical requirements that are relevant to our audit of the financial state- ments in the UK, including the FRC'S Ethical Stsndord, and we have fulfilled our other ethical responsibilities in accordance with these requirement5. We believe that the audit evidence we have obtained is sufficient and ap- propriate to provide a basis for our opinion. MATERIAL UNCERTAINTY RELATED TO GOING CONCERN We draw your attention to note 3lbl Goin8 concern which indicates that as of 31 March 2024 the charity did not comply with its reserves policy of minimum three months of running costs as there was not enough unrestricted income to finance charity's core central activities. That results in materi81 uncenainty that may cast doubt on charity's ability to continue as a going concern. Our opinion is not modified in respect of this matter. In auditlng the financial statements, we have concluded that trustees. use of the going concern basis of accounting in the preparation of the financi81 statements is appropriate. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Soclal Farms and Gardens Independent Auditor's report to the trustees of the Social Farms & Gardens for the year ended 31 March 2024 OTHER INFORMATION The other information comprise5 the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audlt of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially intonsistent with the financial statements, or our knowledge obtained in the audit or otherwise 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 financiol statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material mi55tatement of this other information, we are required to report that fact. We have nothing to report in this regard. OPINIONS ON OTHER MAThERS PRESCRIBED BYTHE COMPANIES ACT 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the trustees. report, which includes the directors. report prepared for the puT- poses of company law, forthe financialyearforwhichthe financial statements are prepared is consistenl with the financial statements; and the directors, report included within the trustees. report has been prepared in accordance with applica- ble legal requirements. MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION We have nothing to report in respect ofthefollowing mattels where the CompaniesAct 2006 requires usto report to you if, in our opinion: adequate accounting records have not been kept by the parent chartable company. or returns adequate for our audit have not been received from branches not visited by us: or the parent charitable company financial statements are not in agreement with the accounting records 8nd returns. or certain disclosures of trustees, r8mun8ration specified by law are not made: or we have not received allthe information and explanations we require for our audit. or the trustees were not entitled to prepare the financial statements in aecordance with the small comp8- nies, regime and take advantage of the small companies, exemptions in preparingthe trustees, directors. repon and from the requirement to prepare a strategic report. RESPONSIBILITIES OFTRUSTEES As exp18ined more fully in rhe trustees, responsibilities statement set out on page 20, the trustees (who are also the directors of the parent charitable company for the purposes of company L8wI are responsible for the Preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control 88 the trustees directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparingthefinancial statements thetrustees are responsible for assessing the group's and parent charitable company's abilityto continue as a going concern, disclosing, as applicable, matters related to going concern and usingthe going concarn basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. AUDITOR'S RESPONSIBILITIES FOR THE AUDITOFTHE FINANCIAL STATEMENTS Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free 20

So¢ial Farms and Gardens Independent Auditor's report to the trustees of the Soclal Farms & Gardens for the year ended 31 Marth 2024 from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a gu8rantee that an audit conducted in accordance with ISAS IUKI will always detect a material misststement when it exists. Misstatements can ari8e from fraud or error and are considered materi81 if indivi(Jually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis ot these financial statements. Irregularities, includingfraud, are instances of non-compliance with laws and regulations. We design procedures in line vvith our responsibilities. outlined above, to detect material misstatements in respect of irregularities. including fraud. The extent to which our proceduies are capable of detecting irregularitles, including fraud is detailed below= An understanding of the legal and regulatory framework applicable to the group and parent charitable company was obtained from management and those charged with governance of the gTOUP and parent charitable company, and the audit eng8gement team was confirmed to have the appropriate competence an(J capabilities to identify non-compliance with such a framework. No significant instances of fraud, non-compliance with Laws and regulations or other irregularities were communicated to the engagement team by management or those charged with governance, and no particular audit areas or legislation were identified that gave rise to any significant risks of material misstatement in respect of such irregularities. Due to the size and nature of the entity its susceptibility to material misstatement resulting from fraud, non- compliance with laws & regulations, or other irregularities is considered to be low, and the audit approach was appropriately p18nned so as to address this risk. A further description of our responsibilities for the audit of the financi81 st8tements is Ioc8ted on the Financi81 Reporting Council's website at wJl￿troO￿AUOIt￿r￿PL￿I￿. Ilities. This description forms part of our audit report. STEPHEN BURNSIDE (Senior StatutoryAuditoT) For and on behall of Burnside Chartered Accountants Chartered Accountants & Statutory Audltor 61 Queen Square Brlstol BS14JZ Date: 21

Social Farms and Gardens CONSOUDATED STATEMENT OF FINANCIAL ACTIVITIES AT 31 MARCH 2024 Unrestricted Funds Restricted Funds Totsl funds 2024 Total funds 2023 Note INCOME Income from voluntary income- Donations 2,396 2,396 4,950 Income from charitable activities- Grants and contracts Income from property Surrender Hire of facilities Fees earned Training and conferences Miscellaneou5 income 40,750 10,500 2,489 10,592 4,742 6,240 1,313,516 1,354,266 10,500 2,489 10,592 4,742 6,240 1.408,932 8,537 18,354 20,582 3,575 TOTAL INCOME 77,709 1,313.516 1,391,225 1.464,930 EXENDITURE Costs of raisin8 funds Charitable activities 126 276.343 126 1,610,969 180 1,604,511 1,334,626 TOTAL EXPENDITURE 276,469 1,334,626 1,611,095 1,604,691 Net income/lexpenditurel Transfers between funds 1198,7601 4,708 121,1101 14,7081 I219￿70) 1139,7611 14 Fund balances brought forward l April 2023 15 345,263 89,762 435,025 574,785 FUND BALANCES CARRIED FORWARD 31 MARCH 2024 16 151,211 63344 215,155 435,025 All the activities are classed as continuing. There are no other reported gains or losses during the year. 22

Social Farms and Gardens BALANCE SHEET AT 31 MARCH 2024 Group 2024 Group 2023 Charity 2024 Charity 2023 Notes FIXED AssErs Tangible fixed assets Investments 6,802 163,126 6,802 163,126 io CURRENT AssErs Debtor5 Cash at bank and in hand li 232,426 98,724 707,712 94,725 232,426 98,724 707,712 94.505 331,150 802,437 331,150 802,217 CREDITORS- Amounts falling due within one year 12 1122,7971 1530,5381 1122,7971 1529,2091 NET CURRENT ASSETS 208,353 271,899 208.353 273.009 NET ASSETS 215.155 435.025 215.155 436.135 FUNDS.. Unrestritted General Fund5 Designated Funds 14 70,721 80,490 64,902 280,361 70,721 80,490 66,012 280,361 Restricted 13 63,944 89.762 63,944 89,762 215,155 435,025 215,155 436,135 These flnancial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and wSth the Financial Reporting Stanclard appllcable in the UK and Republic of IreLand IFRS 1021 {eff8Ctive 1 January 20191. These financlal statements were approved bythe directors and authorise(J for issue on 1310312025. and are signed on their behalf by= Caroline Hutton.. (Chair of Trustees] LL The notes on pages 24 to 44 form part of these financial statements. [Company no". 02011023] 23

Social Farms and Garden5 CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 Total funds 2023 Total funds 2022 Note Cash (used in)/provided from operating activities 116,8121 {Decrease) in cash & cash equivalents 116,812} Cash & cash equivalents at beginning of year 94,724 111,536 Cash & cash equivalents at end of year 98,724 94,724 RECONCILIATION OF NET IEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES Net Income for the reportlng perlod las per the statement of financial activitie51 1219,8701 1139.7601 Adjustments for: Depreciation charges Impairment charge5 Ilncreaselldecrease in debtors IDecreasel in creditors 2,915 153,409 475,286 {407,7401 7.444 li 12 1238,3541 353,859 Net cash (used inllprovided from operating activities 4.OC(I 116,8121 24

Soclal Farms and Garden5 NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 20Z4 1. GENERAL INFORMATION The company is a private company limited by guarantee, registered in England and Wales. The address of the registered ottice is Cultivate, Pendinas, Llanidloes Road, Newtown, SY16 4HX 2. STATEMENTOFCOMPLIANCE These f inanclal siatements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. 3. ACCOUNTING POLICIES {al A¢¢ounting Convention The financial statements have been prepared un(Jer the historical cost convention. The financial statements have been prepared in accordancewith Charitycommission Statement of Recommended Practice-Accounting and Reporting by Charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standards applicable in the UK and the Republic of Ireland (effective 1 January 20151. The Statement of Financial Activities ISOFAI and Balance Sheet consolidate the financial statements of the chartty and its subsidiary un(Jertakings. The results of the subsidiary are consolidated on a line-by-line basis. The exemption under s408 Companies Act 2006 has been taken not to Include the parent charity SOFA alone. Ibl Goingconcern We confirm that, we haven't complied with our reserves policy of minimum 3 months of running costs to an estimated target of £180,000 as ot both 31" of March 2024 and the date of this report. This is because we did not have enough unrestricted income to finance our core central activities. That results in material uncertainty that may cast doubt on our abilityto continue as a going concern. To mitigate this uncertainty. we have performed the restructuring of our core central activities 8nd are tryingto include central overhead costs in our projects funding from restricted funds. We have startetd the cliscussions with funds providers about this. Although it is not certain thatthese efforts will be successful. trustees h8ve determined thatthe actions thatthey have taken are sufficient to mitigate the uncertainly and have therefore prepared the accounts on a going concern basis. Icl Judgements and key $our¢es of estimation uncertainty The prep8ration of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Ineomlng resources Grants, donations, contracts 8nd sponsorship Income from grants, donations, contracts and sponsorship. including capital grants, is included in incoming resources when these are receivable. except as follows.. When donors specify that donations and grants given to the charity must be used in future accounting periods. the income is delerred until those periods. 25

Soclal Farn￿ and Gardens NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 When donors impose conditions which have to be fulfilled before the charity becomes entitl8d to use such income. the income is deferred and not inclu(Jed in incoming resources until the pre-conditions for use have been met. When donors specify that donations and grants, including copitol grants. are for restricted purposes, which do not amount to pre-condition5 regarding entitlement, this income is included in incoming resources of restricted fund8 when receivable. Interestreceivable Interest is included when receiv8ble bythe charlty. le Resources expended Resources expended are included in th8 Statement of Financial Activities on an accru81'8 b8sis. inclusive of any VATwhich cannot be recovered. Certain expenditure is directly attributable to specrfic activiti8S and has been included in those cost categories. Certain other costs. which are attributable to more than one activity. are apportioned across cost categories based on an estimate of the proportion of time spent by staff on those activities. Resources expended are allocated to the activity where the cost relates directly to that activity. Support costs (overhead costs) inclu(Je office costs such as bank, insurance and governance, and allocations for support staff costs based on time spent on activities. {fl Tangible flxed assets The cost of tangible fixed assets is written off by equal annual instalments over their expected useful lives as follows.. Plant and equipment.. 15% per annum on the reducing balance basis Office equipment.. 30% per annum on a reducing balance basis Long leasehold.. over 60 years Building.. ove¥ 60 years A de-minimis limit of £1,000 is applied under which fixed assets are not capitalised. Igl Funds accounting Funds held bythe charityare: Unrestricted funds these are funds which can be used in accordanc8 With the charitable objects at the discretion of the trustees. Restricted funtds- these are funds that can only be used for restricted purposes within the objects of the ch8rity- Restrictions arise when specifie(J bythe donor or when funds are raised for restricted purposes. Designated funds these are part of the unrestricted funds which trustees have earmarked for a parricular project or use, without restricting or committing the funds legally. The designation may be cancelled by the trustees if they later decide that the charity should not proceed or continue with the use or project for which the funds were designated. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 26

Soclal Farms and Garden5 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ihl Fixed assets investments Investment in subsidiary is stated at cost. 4. GRANTS AND CONTRACTS Unrestricted Restricted Total Funds Total funds funds 2024 Funds 2023 Welsh Govt-. Resilient Green Space Big Lottery Fund- Northern Ireland Welsh Government-W81e8 CLAS Esmee Fairbairn Found8tion London Newham City Bridge Trust KentishTown City Farm.. London Scottish Govt- Food & Drink Hilden Trust W81sh Govt.: Food Hubs European Soclal Fund.. Gardeniser Hub KeepWalesTidy London LDC Kusuma Trust UK: Londoners National Future Together National Lottery CommunityFund.. Edible Car- diff European Social Fund.. Gardeniser Plus Europe8n Social Fund: Learning Bubbles EU fund.. Greenme Green Grants INottinghaml Hello Fr8sh grant Sustainable Food Places Carmarthen National Nature Setvice in Wales Cronfa Gymunedol Community Fund.. Sustaina- ble Steps Carmarthen MachineryRing Powys County Council.. Shared Prosperity Funding DTA Wales: Assured Growing C8rmarthenshire County Council.. Food Sys- tem8 Development Welsh Government- Future Farms Powys Welsh Government: Futur9 Farms Lord Merthyr Fund Campaign Grant Sustain Nl Lottery Cost of Living Donaghadee CDA 27 367,657 112,633 99,942 367,657 112,633 99,942 541,852 102,321 98,262 2,550 2,575 32,541 10,617 5,330 37.000 40.000 167,419 10,617 5,330 37,OQKI 40.OCrfJ 167,419 38,000 40.000 267,965 75,979 28,900 9,782 40,750 40,750 9,782 9,782 54,317 16,034 54,317 16,034 39,467 54,894 19,950 54,894 19,950 18,378 2,240 16,445 4,128 10,925 13,367 10,925 13,367 69,994 5.927 69,994 5,927 33,655 7.888 33,655 7,888 19,844 7.033 82,860 I,OCAJ 986 19,844 7,033 82,860 1,000 986 9,989 2,0

Soclal Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Green Future Association Carpenters Estate (Populol Acorn Farm- Community Foundation Nl The Alleyways Manifesto Project Nl Seed Saving Nl School Farms Network Conference Other small grants Belfast City Council 4,(K)O 38,843 7,475 19,562 14,950 9,2(X) 15,OCKS 19,562 14,950 9,200 15,CKK) 5,300 I,cx)o io,(xhJ 1,200 4,550 1,2OJ 4,550 40.750 1,313,516 1,354.266 1,408,932 5. DONATIONS Unrestricted Restricted Total Funds Total funds funds 2024 Funds 2023 Don8tion8- general 2,396 2,396 4,950 6. OTHER TRADING ACTIVITIES Unrestricted Restricted Total Funds Total funds funds 2024 Funds 2023 Consultancyfees Incom8from propetysurrend8r Events fees Hire of facilities Oth8r income 10,592 10,500 4,742 2,489 6,240 10,592 10,5tK) 4,742 2,489 6,240 18,354 20,582 8,537 3,575 34,563 34,563 51,048 28

Social Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 7. TOTAL RESOURCES EXPENDED Direct staff costs Project costs Other di- rect CQ5ts Support costs 2024 2023 Programmes UK-wide 18,184 53,111 18,200 262,453 105,739 106,067 21,929 2,872 452,741 9,874 12,924 18.436 1,346 136.330 13,711 35.847 12.398 18,854 112.010 11.658 173.023 105.874 41.272 963.534 140.981 161.336 102,634 34,249 1,111,960 158,808 England Scotland Wales Northern Ireland Property impair- ment chafÈes Governance 153,409 153,409 32,876 126 32,876 126 35,523 180 Fundr3i5in8 457,687 593,483 215,750 344,176 1.611,095 1.61M.690 Support costs Include: 2024 2023 Salary costs Other staff costs Office costs, including rent Property impairment charges Depreclatlon 101,485 16,876 69,491 153,409 2,915 73,385 5,108 62.298 7,444 344,176 148,235 Support costs have been allocated in proportion to the volume and time Spent on the activity- Unrestricted funds Restricted funds 2024 2023 Programmefocus.. UK-wide England Scotland Wales Northern Ireland Property impaimient charges Governance Fundraising 40,752 1,220 1,962 56,167 518 153,409 22,316 126 132,577 104,654 39,310 907.062 140,463 173,328 105.874 41,272 963,363 140.981 153,409 32,876 126 161,336 102,634 34,249 1,111,960 158,808 10,560 35,523 276,469 1,334,626 1,611,095 1,604.6 29

Social Famis and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 8. STAFF COSTS AND TRUSTEES. REMUNERATION 2024 20Z3 Wages and salaries Social security costs Pension costs 501,368 479,469 34,585 34,271 23.219 21,057 559,172 534,797 Contractors I freelance Other Irecruitmenvtrainingl 54,412 5,714 15.501 2,397 60,126 17,898 No employee earned morethan £60,000 perannum. The Key Management Personnel of the charityconsists ofthe Senior Management Team as listed in the Reference and Administration Section on pagel 8. The total value of employee benefits (salary end employer's pension contributionsl paid to key man8gement personnel in this period was £169,83712023'. £159.8401. The average number of employees analysed by programme was: 2023 2022 No. No. UK-wide programmes England Scotland Wales Northern Ireland Management & admlnistration including fundraising 13.0 25.0 16.3 30

Soclal Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustee$. ¢ost$ 2024 2023 Tru5tee5 remuneration and expenses 1,191 558 The trustees received no remuneration in this period, exceptfor approved reimbursed travel, subsistence and accommodation costs relating to Board meetings. 9. TANGIBLEASSETS-GROUPAND COMPANY Equipment Furniture Fittings Leasehold Leasehold Property Land TOTAL COST At l April 2023 Costs in the year 74,668 7,246 181,758 Is.(J)o 278,672 At 31 March 2024 74,668 7,246 181,758 15,1XlO 278,672 DEPRECIATION At l April 2023 Impairment charge5 Charge for the year 64,951 7,246 36,349 145,409 7,000 8,000 115,546 153,409 2,915 2,915 At 31 March 2024 67,866 7,246 181,758 15,000 271,870 NET BOOK VALUE At 31 March 2024 6,802 6,802 At 31 March 2023 9.717 145,409 8,000 163,126 All fixed assets are held for direct charitable purposes. Social Farms and Gardens (then the Federation of City Farms & Community Gardens) le89ed 18nd from Bristol City Council in 1995. The GreenHouse building belonged to SF&G and served as the organisation's head off ice with a room to rent for meetings and activities. Due to the change ofsocial Farms 8nd Gardens. staff conditions ofwork, most staff moved to working remotely from their home and the GreenHou$e building being in disrepair, Social Farms and Gardens relinquished the leasehold of th8 the GreenHouse building and land to Bristol City Council at the beginnSng of this period. For the pasl ten years, Bristol City Council has had plans to redevelop the area around the GreenHouse building and paid SF&G £10.500 to surrenderthe le8se In April 2024. This amount was included in SF&G tr8de debtors as of 31 March 2024. 31

Social Farms and Gardens NOTES TO THE CONSOUDATED FINANCIAL ￿ATEmENTs FOR THE YEAR ENDED 31 MARCH 2024 SF&G suffered an impairment loss of £153.409 in the transaction. 10. INVESTMENTS- GROUP AND COMPANY Group Charity 2024 2023 2024 2023 Investment in subsidiary- shares at cost Subsidiarycompany Social Farms & Gardens owned the whole ofthe issued share capitsl ofcultivatingcommunities, a community interest company registered in England and Wales. Its principal activities are to carry out activities which benefit the community and to act as a trading subsidiaryforSF&G. The results ofthe subsidiary are consolidated in these financial statements. The Board agreed to strike ofl the CIC on the 1 Y of December 2024, as all activities could be run directlythrough the charity. Further details ale disclosed in note 17. 11. DEBTORS Gr(wp Charity 2024 2023 2024 2023 Trade debtors VAT receivable Grants receivable 155,044 303 77.079 5,608 155,044 303 77,079 702,104 702,105 232,426 707,712 232,426 707,712 32

Social Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Grants receivable refer to grants for 2023-24 not yet paid at the end of the fin8ncialyear'. Group 2024 2023 Scottish government: Food & Drink Carmarthen Machinery Ring Welsh Government= Resilient Green Spaces Welsh Government: Food Hubs Welsh Government: Future Farms Powys Powys County Council= Shared Prosperity Innovate.. FEW-Meter City Bridge Trust- London Carmarthenshire County Council: Food Systems EU funds= Greenme Carpenters Estate (Populol 17,0(KJ 4,031 456,492 243,051 7,033 31,345 1,727 10,617 4,697 2,356 1,727 834 77,079 702,104 12. CREDITORS Group 2024 Group 2023 Charity 2024 Charity 2023 Amounts falling due within one year: Trade creditors VAT Social security and other taxes Accruals Deferred income 3.768 213,322 401 7,366 74,512 234.937 3,768 213,132 401 7,366 73,373 234,937 16,410 32,218 70,401 16,410 32,218 70,401 122,797 530,539 122,797 529,209 Deferred income refers to income for 2024-25 received in 2023-24.. 2024 8,567 2023 8,346 129,700 96.891 Big Lottery Fund: Digging Deeper Resilient Green Spaces- advance RDP Food Hubs-advance Welsh Government.. Wales CLAS Kusuma Trust UK-. Londoners National Future Together 50,970 10,863 70.401 234,937 33

Soclal Farms and Gardens N(JfES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. RESTRICTED FUNDS 8alance Incoming l Awil Resources 2023 Outgoing Balance Resources Transfers Balance 31 March 2024 Restricted funds UK-wide Hilden TTUSt European Social Fund.. Learning Bubbles Hello Fresh EU funds.. Greenme 40.000 54.894 10,925 19,952 140.(KIOI 160.6211 112,0041 119,9521 5,727 1.079 Seedbed Trust.. Gardells of Sanctuary 1,029 11,0291 England City Brid8e Trust Green Grants (Nottinghaml Innovate.. FEW-Meter 10,617 110,6171 12.4091 17541 754 Carpenters Estate Ipopulol Kentish Town City Farm.. London Kusurna Trust UK.. Londoners National Fyture Together London LDC 19,562 5,330 119.5621 15,3301 54,317 9.782 154,3171 114.8691 6,074 987 Scotland Scottish Govt.. Food & Drink 8,753 2,500 1,500 37,OLXJ 139.3101 6,443 2,500 1,500 Urban Agriculture Consoitium Scottish Community Alliancè Wales Welsh Government: Resillent G￿en Spaces Welsh Government: Food Hubs 367.657 167.419 99.942 1367,6571 1167,4191 199,9421 Welsh Government.. Community Land Advi- sory Service Cronfa Gymunedol Comrnunity Fund.. Sustalnable sieps Carmarthen Machinery Ring Powys County Counul.. Shared Prosperity DTA Wales.. Assured Growlng Carmarthenshire County Coun¢ll: Food Sys- tems Development Welsh Government.. other projects Welsh Government.. Future Farm5 Powy5 Welsh Government.. Future Farms 69,994 167,9711 2,023 5,927 33.655 7.888 19,844 15.9271 133,6551 15.5551 119,8441 2,333 1,200 7,033 82,860 I,ocKJ 16,034 11,2001 17,0331 182,8601 11,0001 144,3651 Lord Merthyr Fund National Lottery Community Fund: Edible Car- diff Food Sense.. Food Poverty Cardiff 37,305 8.974 3.008 3,008 34

So¢ial Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Food Sense Sustainable Food Places Carmarthen 4,375 2,348 1,225 4,375 2,571 1,225 13,367 113,1441 National Nature Services in Wales Northern Ireland National Lottery Communlty Fund.. Digging Deeper Belfast City Council Campaign Grant Sustain Nl Lottery Cost of Living Seed Sawng The Alleyways Manifesto Project Acorn Farm- Community Foundation Managed projects Manchester Green Alliance 112.633 1112,4641 169 4,550 986 12,1341 19861 2,416 4,712 4,712 4,013 5,064 11,632 Is,000 9.200 14,950 110,9871 14.1361 19.7651 6,447 516 15161 Total restricted funds 89.762 1,313,516 11,334,626) 14,7081 63.944 RESTRICTED FUNDS, ACTIVITIES . funded tythewelsh Govemment, supportsthe sector in Wales with land and planning Issues and raises awareness of community managed green spaces. Digging Deeperfunded bythe NationalLotteryCommunity Fund- People & Communities. Afive-year project 2019- 2024 to build capacity in the community growing sector across 8ach local Council area in Northern Ireland based on skill-sharing, networking and relationship building with decision makers. a pilot in Nl funded by Necessity to build resilience and skills in seed saving and a network for seed exch8nge, overcoming boundaries imposed by Brexit and Covid. Primary Research Funded by the National Lottery Community Fund, the Urban Agriculture Consortium and Sust8in. Sustainable Food Places Programme.. Social Farms and Gardens directly supports a numberofthese emerging networks across the UK, e.g. a contract with Ards & North Down Council in Nl, delivering a Food for the Planet programme including distribution of micro grants for community growing initiatives using Participatory Budgeting and in Carmarthenshire County Council, in Wales where we host the network coordinator. supported two main strands of work in Scotland. Community Land Advisory Service and Gardeniser. This enabled community projects to secure Land for food growing and 17 people to complete the second Scotland 8ccredited course for'community growing organisers,. Londoners Natural Future Together, funded byThe Kusuma Trust UK. supported members to design. deliver and participate in 13 professional development days on topics such as co-production, data- 35

Soclal Farms and Garden5 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 management. volunteer management, corporate partnerships and professional boundaries. This was coupledwith 8 nemorkingtoursof members sites. Members collabor8tedto demonstratethesector'svalue through events such as the London Harvest Festival and 8 community gardens showcase in central London. The programme amplified the voice of farm and gardens to the wider world, facilitated dovetailing rather than competing, and was proud to pay members fortrainingdeliveryand facilities hire. Funding from both CiThnJiln l iiiiv). saw SF&G work closely with East End London communities to successfully engage Londoners young and old in the sector. We also inst811ed a new Stick Man Trail in Newham. SF&G also seconded the London Manager p8rt-time to Ik-.ntish Town City Farn, to bridge a summer- long gap between Directors atthe farm. Resilient Green Spaces: funded bythe Welsh Government. a £1.30m partnership project led bysocial Farms and Gardens to pilot alternative re-localised food systems using communities and their green spaces as the driving force for change across Wales until June 2023. Projects include: A national 811otment development team, Innovative food hubs, community orchards, Greener corridors and spaces in Gwynedd, exploring community access to farms and land. building horticultural future farming skills. funded summer play8Ctivities at member sites across the UK. funded by the National Lottery, supporting networking between community growing sites across Wales. development of resource and skills sharing, and advocating on behalf of the networkto get more land in C8rdiff into use for growing until September 2024. funded through Welsh Government and the European Community Rural Development Fund. The Food Hubs project has supported two community food hubs to upskill and to become accredited to supply the local authorities, health boards and care setting in several communities in W81es. Carmarthenshire Food System Development. a transformative initiative underwayto help develop a thriving, sustainable, and inclusive local food system in Carmarthenshire. Through the Bwyd Sir Gar, the county's dyn8mic food partnership. the project aims to address a range of social, economic, and environmental challenges. In collaboration with key delivery partners Hywel Dd8 University Health Board. Food Sense Wales, Carmarthenshire Association of Voluntary Services and Social Farms and Gardens, C8rmarthenshire County Council leads the project to enhance the Ioc81 food economy. promote health and wellbeing, 8nd coniribute to nature recovery and climate resilience. There are three strands of project delivery that include,. Connected Communities and Community Access to Healthy Food, Strategic Land Managementfor Public Goods and Building a Good Food Movement. Building on its existing work. Bwyd Sir Gar Food's Food System Development Project aims to improve the localfood system for current and future generations. ',7rr)iVrri.. we have been funded by DTAWales tocreate support8nd guidance around food procurementfor oursectorand we have been workingwith a numberof partners on this duringtheyear. 36

Social Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 QJd ni a Li G',I','I'cld S Ll stcl 5 11 cibl c .%teps'. a three-year project to help people in Wales take their first steps towards climate action. We aim to inspire and empower communities a¢rossWales to take action and live in a more sust8in8ble way. We don't claim to have all the answers and solutions. but we're aiming to help to tick as many of those Earth-friendly boxes as possiblel Our aim is to connect'champion, groups. who are established organisations within the Social Farms and Gardens membership circle- with groups and communities who areworkingtowards creatingtheir pathwaytowards a sustainable and regenerative future. Many of us experience feelings of powerlessness when faced with the threats of climate change. Likewise. groups may be climate conscious but may be unsure on where to start on their eco journey. We aim to facilitate relationships that will pave the way for grassroots, community based green action to mitigate and tackle climate change. Future Farms an SF&G in Wales led partnership pilot project. focussed on a Powys site. The partnership shares a vision for more agroecological horticultural enterprises across Wales. helping to meetthe fruit andvegneeds ofourcitizens and supportinga flourishing ruraleconomy. The partnership includes: Our Food 1200. Powys County Council, Shared Assets, Ecological Land Cooperative. Gwlad Consortium, Landworkers Alliance. Cultivate and the Powys Sustainable Food Partnerships, Lantra Wales. Nature Friendly Farming Network, Black Mountains College. With Welsh Government Backing Local Firms Funding. the partnership supported Powys County Council to develop planning guidance to support and assist sm811-scale horticultural enterprises in the preparation of a planning application for a Rural Enterprise Dwelling {permanent ortemporary). The continuing Shared Prosperity funding runs until December 2024 to take on a new growing site in Powys. submittinga planningapplication to putthree temporarydwellings and horticulturalenterprises on a Powys farm holding. fundingtoworkwith communitygrowingsites in Powysto support Ioc81 people to grow, be active, healthy and learn new skills. We recruited for a Tyfu Powys Development Worker at the end of 2023. Tyfu Powys runs a series of support strands for community growing organisations, including small capital grants, bespoke development support. orchard and mapping training until December 2024. a e ￿tr7 1,1 E.. a Horizon Europe project, aiming to identify ways in which effective nature-based therapy and a broader green care framework can be scaled-up to improve adult mental health and wellbeing equity while contributing to multiple socio-ecological co-benefits. GreenME covers three scales.. nature-in-everyday-life Ithe existence of green and blue infrastructure for viewing and walks), nature- based health promotion Ithe promotion of active interaction with nature, such as gardening and conservation) and nature-based therapy (the provision of treatment for individual patients. The project comprises 21 partner organisations from across Europe and the US and will run until 2027. a li b Ll L ia I ￿ Ll i,. d.. Learn inyJ BiJbble5- This European Erasmus Plus project investigated poten- tial collaborations between schools. community gardens and the digitalworld. with SF&G sharing in- sights into utilising the unique education81 setting of community gardens and ¢ityfarms can provide. 37

Social Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Hello F." SF&G partnered with meal delivery company HelloFresh to support SF&G members in London, Edinburgh. Sheff ield and Birminghamto run activitiesthat help educate consumers aboutfood and encourage more sustainable habits. Small grants were awarded to member organisations. tsardens otSanctUTI i-fundingto enablecommunitygardensto support refugees and asyLum seekers. -a Mo-year projectextension to develop skills and resilience in cityfarms and community gardens across London. City Bridge Trust also gave a Covid grant to bridge the service. Green Graiil., X?Ilin¥."i-Iii-I green prescribing in the city. Funded by Nottingham Community and Voluntary Service to promote Innnvxtp." FFW.MKtAI a European-funded projectworkingwith community gardens and cityfarms to measure their use of resources. Urban Agriculture Consortii.',-: . a grant to explore opportunities in urban agriculture in Scotland. Food Sense Walei- Funding to promote a healthyfood system in Wales. good for people and planet. A short research contract administered by WCVA to build the case to create better access to employment and enterprise opportunities in nature friendly farming through community-led growing, as part ofthe envisaged Nature Service forwales. Belfast Citg Loiiriiii Fundingto undertake engagement with key stakeholders and propose a frame- work and action plan which will allowfor renewal ofthe Bronze Sustainable Food Place. CampaiRn Grant Sustairi - Agrantto support SF&G work on producing the Benchmark Standard Re- porting. demonstrating and promoting the results ofthe research to progress implementation. A grant to alleviate the cost of living for staff and member groups in N. Ire18nd Member groups to be offered the opportunity to organise nutritious community meals for those in need. -To make the critical links between the Acorn Farm flagship food growing project in DerrylLondonderrywith Community Growing Groups in the area. Manchester Green Alliance- funds held forwork in Manchester. 38

Soclal Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RESTRICTED FUNDS- PREVIOUS YEAR Balance Incoming l April Resources 2022 Outgoing Balance Resources Transfers Balance 31 March 2023 Restrlrted fvnds UK-wldÈ Hilden Trust 40,OCX) 75,979 140,0(M)I 178,3791 14,8071 113.4731 European Social Fund.. Gardeniser Hub European Social Fund.. Gardeniser Plus European Social Fund.. Learning Bubbles Hello Fresh 2,4CM) 4,247 821 560 18,378 5,727 16,445 115,3661 12,8521 1,079 1,029 Seedbed Trust.. Gardens of Sanctuary 3.881 England City Bridge Trust Green Gran15 INottin8haml Innovate.. FEW-Meter 10,719 4,130 754 32,541 2,240 149,3191 13,9611 6,059 2,409 754 Carpeniers Estate IPopulol London LDC Scotland 38,843 9,782 138,9201 13,7081 77 6.074 Scottish Govt.. Food & Drink 4,327 2,500 1,500 38,ClXJ 133,5741 8,753 2.500 1,500 Urban ABriculture Consortiurn Scotilsh Community Alliance Walès Welsh Government.. Resilient Green Spaces Welsh Government.. Food Hubs Welsh Government.. Community Land Advi- sory Service Controlled Environment Agrlculture National Lottery Cornmunaty Fund- Edible Car- diff Food Sense.. Food Povefty Cardiff Food Sense 2,887 541,852 267,965 98,262 1544,7391 1267,9651 198,2621 71.730 IS,728 71.730 117,8901 39,467 37,305 38,508 5,OCXJ I35,5￿) 16251 11,7801 13,7751 3.008 4,375 2,348 1,225 Sustainable Food Places Carmarthen 4,128 5,000 National Nature Services in Wales Northern Ireland National Lottery Communlty Fund.. DlgÈln8 Deeper Community Foundation- Cr05s BoTder CO-OP- èration Belfast City Council Necessity ISHEDI.. Seed Swap Carnpaign Grant Sustain 39 1,090 102,321 1103.4111 1.522 11,8631 341 10.000 iio,cx)01 17.3621 13.9401 7,362 3,940

Soclal Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Nl Lottery Cost of Living Donaghadee CDA Green Future Association 9,989 15,2771 14,0001 12,0001 11.0281 4,712 Acorn Farm- Community Foundation Managed pro5e¢t5 Manchester Green Alliance 7.475 6.447 516 516 Total re5trfrted funds J79,622 1,368,607 11,465,504) 17,0371 89,762 14. UNRESTRICTED FUNDS-GROUP Balance 1st April 2023 Incoming Re- sources Outgoing Re- sources Balance Transfers Balance 31st Mareh 2024 Unrestrirted funds Designated funds Or8anisational develop- ment Quality Mark development School Famis Network England Wales Scotland Northem Ireland Equipment Fund Leasehold Property Fund Leasehold Land Fund 49,737 49.737 14,486 4,701 1,000 31,055 4,136 12,120 9,717 145,409 8,000 6.510 2,210 1,650 45,633 113.8891 16,9111 12.6501 170,6021 14.1361 11,8621 12,9151 1145,4091 18.0001 7.107 6.086 500 10,758 6,802 10,500 110,5001 280,361 67,003 {256,3741 110.5001 80,490 General funds 64,902 10.706 120.0951 15,208 70,721 Total unrestricted funds 345,263 77.709 1276.4691 4.708 151,211 DESIGNATED FUMDS Organisational development: income designated by the Trustees to support the devel- opmentofthe organisation. Ouality Mark development: income designated for the charity to obtain the Quality Mark. 40

Social Farm5 and Gardens NOTES TO THE CONSOUDATED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Wales. income designated to continue delivery of key project work. Scotlancl generated income designated to continue delivery of specificwork. Northern Ireland: generated income designated to continue delivery of keywork areas. Equipment Fund: this balance reflects the net bookvalue of laptops used bythe staff. I p_a.8p.hoLd Property Fund and Land Fund,: these balances reflect the net book value of these items. UNRESTRICTED FUNDS- GROUP PREVIOUS YEAR Balance 1st April 2022 Incoming Re- sources Outgoing Re- sources Balance Transfers Balance 31st March 2023 Unrestricted funds Designated lunds Organisational develop- ment Quality Mark development School Farms Network England Wales Scotland Northern Ireland Equipment Fund Leasehold Property Fund Leasehold Land Fund 59,442 2,550 16,5621 15,6931 49,737 14.C(Q 5,221 5,300 3,875 34,883 500 4,960 14,7351 15991 17,1621 120,9601 14,486 4,701 1,000 31,055 4,136 12,120 9,717 145,409 8.000 5,290 17,132 3,636 14,479 13,882 148,438 8,250 11.0031 6,978 14,1651 13,0291 12501 13411 284,549 57,288 154,4391 17,0371 280,361 General funds 110.614 39.034 184,7451 64,902 Total unrestricted funds 395.163 96,324 1139,1861 17,0371 345,263 41

Social Farms and Gardens NOTE5 TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. ANALYSISOF NET ASSEfs-GROUP General Designated Restricted Funds Funds Funds Total Tangible fixed assets Current assets Current Ilabilities 6,802 73,688 6,802 63,943 331,150 1122,7971 193,519 1122,7971 Net a55ets at 31st March 2024 70,722 80,490 63,943 215.155 16. ANALYSIS OF NET ASSETS- CHARITY General Designated Restricted Funds Funds Funds Totsl Tangible fixed assets Current assets Current liabilities 6,802 73,688 6,802 331,150 1122,7971 193,519 1122,7971 63,943 Net assets at 31st March 2024 70,722 80,490 63,943 215,155 17. POST-BALANCE SHEET EVENTS On the 17" of December 2024 the charity's whole-owned subsidiary, Cultivating Communities, a community interest company registered in England and Wales. was struck off as all its activities could be run directly through the charity. Net assets of CIC as of the date of strike-off were nil. In September 2024 the charity obtained a £60,000 108n from Robert Owen Community Banking. The loan is unsecured and payable within 12 months. Interest are accrued at 6% per annum. 18. AUDITORS REMUNERATION The auditors. remuneration is as follows: 2024 2023 Auditors remuneration Other services 13,080 4,895 42

Social Farms and Gardens NOTES TO THE CONSOUDATED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. SUBSIOIARYCOMPANY As of 31 March 2024 Social Farms and G8rdens still owned the whole of the issued share capital of Cultivating Communities, a community interest company registered in England and Wales (company number 07292005}, which provides consultancy services. All activities have been consolidated on a line-by-line basis in the Statement of Financial Activities. The taxable profit isgifted to Social Farms and Gardens. Asummary of the results ofthe subsidiaryis shown on the following page. The Board agreed tostrike off the CIC onthe 17"of December2024, as allactivities could be run directly through the charity. Cultivating Communlties CIC 2024 2023 Administrative expenses Rent. rates, office cost5 Accountancv 22 1,140 11,1121 11,1121 1,162 The aggregate of the assets, liabilities and funds was.. Assets Liabilities 220 11,330} Funds 11,110) 20. RELATED PARTIES The company was the ultimate controlling party of its subsidiary Cultivating Communities, a community interest company limited byguarantee, which forms the trading arm forthe charity. One of the charity's Trustees served on the Board of Directors of the trading company. During this period Social Farms and Gardens awarded an Orchards. lease hire equipment contract to Sarah Collick, one of its staff members as part of Resilient Green Spaces, activity. The contract of the value of equipment of £18,750 and management fee of £6,050 was awarded to Sarah Collick in her freelancing capacity because SF&G struggled to find a provider for a similar service after having advertised fortenders for the contract. Sarah Collick was awarded the contract after deliberation of a panel that Carefully analyse all tenders received for best ration of quality/ price. 43

Social Farms and Gardens NOTES TO THE CONSOLIDATED FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 In summary, the conflict of interest has been carefully considered and mitigated byexcluding Sar8h from any conversation regardingthe equipment lease hire followingthe submission of her tender. The costs proposed are reasonable and not inflated. 21. COMPARAnvE SOFA Totsl funds 2023 Unrestricted Funds Restricted Funds INCOME Incomefrom voluntary income.. Donations 4,950 4,950 Incomefrom charitoble ortivitie5.' Grants and contracts Hire of facilities Fees earned Training and conference5 Miscellaneous income 40,325 8,537 18,354 20,582 3,575 1,368,607 1,408,932 8,537 18,354 20,582 3.575 TOTAL INCOME 96,323 1,368,607 1,464,930 EXPENDITURE Costs of raising funds Charitable activities 180 1,604,511 139,006 1,465,504 TOTAL EXPENDITURE 139,185 1,465506 1,604,691 Net incomellexpenditurel 142,8631 196,8971 1139,7611