2022-03-31-accounts - Kentish Town City Farm Limited

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REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 FOR

KENTISH TOWN CITY FARM

(A company limited by guarantee)

REGISTERED COMPANY NUMBER: 02020634 (England and Wales)

REGISTERED CHARITY NUMBER: 294797

Kentish Town City Farm Contents

Trustees’ Report	2 6
Reference and Administrative Details	7
Independent Examiner’s Report	8 - 9
Statement of Financial Activities	10
Statement of Financial Position	11
Notes to the Financial Statements	12-22

Kentish Town City Farm Trustees’ Report for year ended 31 March 2022

Trustees Responsibilities and legal context

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (effective 1[st] January 2015). The accounts have been prepared in accordance with the Companies Act 2006.

In preparing the financial statements, the trustees are required to:

Select suitable accounting policies and apply them consistently;
Observe the methods and principles in the Charities SORP;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed; and
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission in determining the activities undertaken by the Charity.

About us

Kentish Town City Farm (‘The Farm’) was founded in 1972 by the local community working together to reclaim unused land for agricultural and horticultural activities thereby creating a community asset to benefit local people.

Visionary and idealistic yet practical and effective, our founders formally constituted the charity and earned the honour of being the first ‘City Farm’. This was at a time of radical social change. Projects merging creativity, performance and play offered marginalised people space (physically and mentally) to share ideas and find solutions. KTCF has championed the UK urban farming and growing movement. This includes founding The Federation of City Farms now Social Farms and Gardens which is a UK wide organisation that represents over 2,000 farms, and community gardens.

As we celebrate our 50[th] year, our mission remains as important as it has ever been. We continue to address structural imbalances in our communities to ensure that the health benefits of connecting with nature are accessible to everyone. At its best the farm gives people place and purpose, bringing local people from all backgrounds together, giving to and gain from being part of the farm community.

Our objectives are

Social justice to ensure that everyone has equal access to the health, wellbeing, learning and economic benefits of interacting with nature and each other.
Respecting and learning the value of the natural environment; and
Giving young people the best possible start in life, enabling them to make positive lifestyle choices and to take advantage of training and work opportunities.

Kentish Town City Farm, Trustees’ Report (Continued) For the year ended 31 March 2022

Our community

The Farm is in the Gospel Oak ward of the Borough of Camden. Gospel Oak is among the 5% most deprived areas in England, experiencing higher levels of income, health, safety, environmental, social and employment deprivation than other parts of Camden and the UK. Nearly 40% of children live in households experiencing poverty. Health and wellbeing needs include obesity in young people, with 26% of children leaving Primary School classified as obese. Two areas within the Ward are in the top 10% in England for the risk of loneliness in those aged 65+ and 19% of adults experience anxiety or depression. 21.9% of residents have disabilities or long-term health problems compared with 14% in the borough. There is a ten-year differential in life expectancy between residents of the richest and poorest wards in the borough.

This year

Throughout the pandemic, we had strived to be as open and accessible as restrictions would allow. During the year, the remaining rules which had limited social interaction were gradually lifted, meaning that we could slowly revert to our pre pandemic offering.

It is clear across so many sectors of society, that the impact of covid will be felt for a long time. Anecdotal evidence suggests that it will be the less well-off members of society who are likely to feel the adverse effects of the pandemic most. This is something we will have at the forefront of our thinking as we develop programs for the coming years.

We reviewed our offer and focused on the key themes of mental health and environment and secured funding for projects that delivered on these. We secured grants from

Young Camden Foundation to deliver a project to support young people’s mental health. This saw us partnering with The Brandon Centre to and Haverstock School; and
North London Waste Authority for a Reuse and Recycle project.

While these are themes that are arguably embedded or inherent in a visit to the farm, the projects showed real opportunity to develop these as distinct areas that we will continue to establish over the coming months and years.

Site

For several months, we had been aware of cracks and subsidence of affecting part of the horse arena. These had been reported to the landlord, Network Rail. As we approached Christmas 2021, the situation deteriorated significantly, resulting in Network Rail sending a team of engineers to stabilise the situation. This has turned into a major project with no fixed end date. Inevitably, this has meant that any equine related activity has been put on hold. Our two horses, Murphey and Jester have been moved offsite, but thanks to constant visits from our loyal staff, we know that they are well cared for and enjoying their time off.

Whilst it’s easy to be negative about the ongoing horse arena situation, there are some positives too; with the arena out of bounds, we can focus on other areas of the Farm. The gardens have been spectacular this year thanks to the fantastic work of our new gardener Susannah Hall and her team. We also made much greater use of the pond, clearing the surrounding area it and laying a decking around to make it more accessible. It was a bit hit during the summer months when it was literally full of tadpoles. Regular ‘pond dipping’ provided an enjoyable and educational experience for so many children (and volunteers).

The temporary closure of the arena also provides us with an opportunity to rethink how we can best tailor our horse program to the needs to the community once the area issues are resolved and

Kentish Town City Farm, Trustees’ Report (Continued) For the year ended 31 March 2022

programs reinstated. We remain committed to our horses and the look forward to welcoming them back to the Farm.

We have also undertaken a full review of our lease and land management to mitigate against future risks. Working closely with Network Rail, we are developing a full site plan showing areas in need of improvement as well as a full maintenance checklist. This will include long term plans for maintaining and developing all land and buildings in the immediate, mid, and long term.

Summary overview of the year

APRIL	All community activities are back and we are included again in the Holiday Activities offer funder byYoungCamden Foundation and John Lyons.
MAY	In response to increasing enquiries for young people at different stages of their learningwe start to integrate workplacements back to support the team.
JUNE	Social Farms and Gardens run a series of visits which are inspiring. This fast track Eira’s knowledge andgrows an instant network of local community gardens.
JULY	Building our local partnerships we host visits and tea parties for groups from Elfreda Rathbone and Age UK, the Wellcome Trust come for a volunteering day and 5 pupils from Haverstock School take part in the Heads Up Mental Health project.
AUGUST	August is 4 weeks of Holiday Hub. Afternoon workshops are run by local partners including Wood that Works and Urban Outdoors. It is both brilliant and exhausting.
SEPTEMBER	In discussion with Aging Better Camden we pivot the project for older people and cocreate newgrowingareas in Ashdown and Cressfield sheltered accommodation.
OCTOBER	The farm is selected for the UCL evaluation exchange, connecting us with 4 experienced researchers to developmethodologyfor light touch data collection.
NOVEMBER	We support local community events including providing soup for the Queens Cresent consultation and takingthe donkeys to Castlehaven.
DECEMBER	It’s the Christmas Fayre with Murphey and Jester helping Santas arrival. The Big Tree Takeawayvolunteer lead fundraiser is run for a secondyear raising£8500
JANUARY	On NYE Disaster Strikes the team report more movement in the land and we escalate our concerns. Major incident leaves horse arena out of action.
FEBRUARY	We look to expand opportunities in other areas, focusing on the gardens and investing in the pond area and front garden. We host student groups from Royal VeterinaryCollege and London Met(architect students)
MARCH	Funded by the North London Waste Authority we host a series of Reuse and Recycle workshops which remind us that the farm itself is incredibly resourceful and sustainable,adaptingand reinventingin response to whatever is thrown at it.

Partnerships and collaborations

We are a London Borough of Camden strategic partner, delivering the Camden Plan and Vision2025, designed to improve health and wellbeing, reduce social disadvantage and community resilience. We are home to the North London Forest School and Tempo Tots and host regular sessions with the Camden Bereavement Service and the Camden Centre for Learning. The farm is visited regularly by local Primary Schools and by Corporate Volunteer groups.

Kentish Town City Farm, Trustees’ Report (Continued) For the year ended 31 March 2022

Donors

We remain a Camden strategic partner with a commitment of £75K per annum until 2024. We received a £10K grant from Light bulb Foundation for Administrative Support, £9000 from the North London Waste Authority and £40K from the Mayors Grow Back Greener Fund that pays for our new Garden Educator role and the Nursery for the Neighbourhood Project.

FINANCIAL REVIEW

Independent Examination of the Financial Statements

The financial statements of charitable companies with a turnover between £90,000 and £1,000,000 can opt for an independent examination rather than an audit. As the Farm falls into this category, the Board of Trustees have opted for an independent examination for the Farm’s financial statements for the year ended 31 March 2022. We engaged Sayer Vincent as our accountants last year and they have undertaken an Independent Examination on our behalf. Subject to Members’ agreement at the AGM they will continue as our accountants for another year.

The farm secured £366,633 income and spent £318,300. This meant net incoming resources of £48,333. Our unrestricted funds at the end of the year were £209,551. We are pleased with the work that has been done to stabilise the finances. While the current position is strong we continue to work towards achieving long term sustainability.

Reserves policy

The Farm’s policy is to maintain adequate free reserves equal to three months expenditure. Free reserves will allow the Farm to cope with unforeseen events, contingencies, and opportunities.

For the year ended 31 March 2022, expenditure was £318,300 and the balance of free Reserves was £209,551.

Future Plans

Our priorities over the last year have been to enhance delivery on mission and improve financial sustainability. We have made good progress these areas, posting a solid reserves position, securing investment and in-kind support to tackle some of the long-standing structural issues. Successful project funding has allowed us to start developing key areas of work including an increased focus on environment and sustainability as well as improving the Farm buildings to provide visitors with a more enjoyable experience. An example of this is the redevelopment of the toilet blocks which will take place early in the new year.

The farm means so much to so many people. It remains a significant concern that external factors – increased need in our community and less money available to meet it – means there will always be challenges. However, the commitment and determination of the team, supported by a systematic approach to tackling issues from the roots up and increased focus on sustainability will mean a more stable future for the farm.

GOVERNANCE, STRUCTURE and MANAGEMENT

Recruitment and appointment of new trustees

The farm is governed by a board of Trustees. This is group of volunteers who are responsible for ensuring the charity is operating as it should, setting strategy and long-term planning. This includes making sure we deliver our public benefits (the reasons why we are a charity) and spending money on

Kentish Town City Farm, Trustees’ Report (Continued) For the year ended 31 March 2022

the projects and activities it has been given for. Full details on how we are constituted are publicly available on the charity commission website.

Anyone interested in supporting the farm as a trustee should speak with current trustees or get an information pack by emailing info@ktcityfarm.org.uk. We have no current nominees.

Risk management

The Board maintains and regularly reviews a Risk Register. This is a list of all the risks that the farm might face and the measures that are in place to minimize these. The staff team are responsible for upholding the policies and procedures that are in place.

Angela Woods Chair of the Board of Trustees

Kentish Town City Farm Statement of Financial Position as at 31[st] March 2022

REFERENCE AND ADMINISTRATIVE DETAILS

Status The organisation is a charitable company limited by guarantee, incorporated on 16[th] May 1986 and registered as a charity on 30[th] July 1986.
Governing document The organisation was established under a memorandum of association which established the objects and powers of the organisation and is governed under its articles of association.
Company number 02020634 (England and Wales) Charity number 294797 Registered office and 1 Cressfield Close operational address Grafton Road London NW5 4BN

Board of trustees Angela Woods - Chair Genevieve Ogle David Walker Klara Saville William Abell Michael Chadney

Principal Staff Eira Gibson – Farm Director Bankers Lloyds Bank plc Hampstead Branch Rosslyn Hill London NW3 1NL Independent Sayer Vincent LLP Examiner Invicta House 108 – 114 Golden Lane London EC1Y 0TL

Kentish Town City Farm Statement of Financial Position as at 31[st] March 2022

Independent examiner’s report to the trustees of Kentish Town City Farm (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

This report is made solely to the trustees as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
The accounts do not accord with those records; or
The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities

Kentish Town City Farm Statement of Financial Position as at 31[st] March 2022

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: Jonathan Orchard FCA Institute of Chartered Accountants in England and Wales Address: Sayer Vincent LLP, Invicta House, 108-114 Golden Lane, London, EC1Y Date: 30 January 2023

Kentish Town City Farm Statement of Financial Position as at 31[st] March 2022

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2022

Unrestricted Funds £	Restricted Funds £	Capital Restricted Funds £	31 March 2022 Total £	31 March 2021 Total £
	- 155,215 20,700 -	- - - -	58,906 266,757 20,700 20,270	98,671 222,950 35,391 3,389
190,718	175,915	-	366,633	360,401
164,142 14,076 6,568 10,359	83,638 - - 20,700	18,817 - - -	266,597 14,076 6,568 31,059	234,555 13,210 13,603 42,891
195,145	104,338	18,817	318,300	304,259
(4,427)	71,577	(18,817)	48,333	56,142
213,978	19,016	591,188	824,182	768,040
209,551	90,593	572,371	872,515	824,182

Kentish Town City Farm Statement of Financial Position as at 31[st] March 2022

BALANCE SHEET AT 31st MARCH 2022

REGISTERED COMPANY NUMBER: 02020634

Notes Fixed Assets Tangible Assets 10 Current Assets Debtors 11 Cash at Bank and in hand Creditors Amounts falling due within on 12 Net Current Assets Total Assets less current liabilities Net Assets Funds Unrestricted funds 14 General Fund Designated Premises Fund Restricted funds Revenue Restricted Fund Capital Funds	31 March 2022 £	31 March 2021 £
	637,023 32,050 218,838	648,631 50,622 162,484
	250,888 (15,396)	213,106 (37,555)
	235,492 872,515	175,551 824,182
	872,515	824,182
	169,551 40,000	173,978 40,000
	209,551 90,593 572,371	213,978 19,016 591,188
	662,964	610,204
	872,515	824,182

Continues…

Kentish Town City Farm Notes to the Accounts for the year ended 31[st] March 2022

BALANCE SHEET·CONTINUED at 31 March 2022

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.

The financial statements were approved by the Board of Trustees on 20/12/2022 and were signed on its behalf by:

Angela Woods Trustee

Kentish Town City Farm Notes to the Accounts for the year ended 31[st] March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2015)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those condition is wholly within the control of the charity and is probable that those conditions will be fulfilled in the reporting period.

Grants are recognised on a receivable basis.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Site improvements over 50 years; and
Furniture and equipment over 5 years

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Kentish Town City Farm Notes to the Accounts (Continued) for the year ended 31[st] March 2022

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees;
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for specific restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. This conclusion has been reached having regard for the financial impact on the charity of Covid-19.

At the reporting date, the trustees do not consider that there is sufficient uncertainty in any estimates made that would lead to a significant risk of causing a material adjustment to the amounts of assets and liabilities carried forward to the next reporting period.

2. DONATIONS AND LEGACIES

Donations Gift Aid . INCOME FROM CHARITABLE ACTIVITIES Farm Activities Education Sales and Rent	31 March 2022 31 March 2021 £ £
	51,780 92,976 7,126 5,695
	58,906 98,671
	31 March 2022 31 March 2021 £ £
	266,757 222,950 20,700 35,391 20,270 3,389
	307,727 261,730

3. INCOME FROM CHARITABLE ACTIVITIES

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

3. INCOME FROM CHARITABLE ACTIVITIES - continued

Grants received, included in the above, are as follows:

London Borough of Camden
London Borough of Camden Section 106
City Bridge Trust
HMRC JRS
DCMS Youth Covid-19 Fund
Power to Change
Awards for All
Ageing Better in Camden
Groundwork
John Lyons
Camden Giving
Jack Petchy
NWLA
The Alan & Babbette Sainsbury Charitable Fund
The Julia and Hans Rausing Trus
The Lightbulb Trust
Young Camden Found. Heads Up Mental Health
Young Camden Found. Holiday Activity Fund
Other Income

31 March
2022
31 March
2021
£
£
75,000
75,000
29,182
-
20,700
51,750
25,158
48,841
-
31,632
-
21,000
-
10,000
6,560
7,500
20,000
-
4,000
-
-
2,500
850
500
4,928
-
12,750
-
30,768
-
10,000
-
8,817
-
7,360
-
798
-
256,871
248,723

4. CHARITABLE ACTIVITIES COSTS

4. CHARITABLE ACTIVITIES COSTS
Farm activities Governance Fund raising Education	Direct £	Support Total £ £ 105,211 266,597 11,076 14,076 6,471 6,568 18,954 31,059 141,712 318,300
	161,386 3,000 97 12,105
	176,588

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

4 (continued)

Comparative charitable activities costs (2021)

Farm activities Governance Fund raising Education	Direct £	Support £	Total £
	138,006 3,000 7,688 25,534	96,549 10,210 5,915 17,357	234,555 13,210 13,603 42,891
	174,228	130,031	304,259

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Depreciation - Owned assets Independent examiners fees	£ £
	19,931 19,555 3,000 3,000
	22,931 22,555

6. TRUSTEES' REMUNERATION AND BENEFITS

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

Out of pocket expenses totalling £788.01 were reimbursed to one trustee during the year ending 31st March 2022 (2021 - no expenses were paid)

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

7. STAFF COSTS

Wages and Salaries Pension costs	31 March 2022 31 March 2021 £ £ 180,616 176,743 4,516 4,492 185,132 181,235

The average monthly number of employees during the year was as follows:

Management Charitable activities	31 March 2022 31 March 2021 2 1 10 10 12 11

No employees received emoluments in excess of £60,000.

8. KEY PERSONNEL

Key Personnel Management is the Chief Executive Officer whose remuneration is £40,000.

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES FOR 31[st] March 2021

9. COMPARATIVES FOR THE STATEMENT OF FINA	NCIAL ACTIVITIES FOR 31st Ma	rch 2021
			31 March
	Unrestricted	Restricted	2021
	Funds	Funds	Total
	£	£	£
Income and endownments from:
Donations and legacies	98,671	-	98,671
Charitable activities	-	-	-
Farm Activities	204,950	18,000	222,950
Education	3,965	31,426	35,391
Sales and rent	3,389	-	3,389
Total	310,975	49,426	360,401
Expenditure on:
Charitable activities
Farm Activities	191,075	43,480	234,555
Governance	13,210	-	13,210
Fund raising	13,603	-	13,603
Education	11,465	31,426	42,891
Total	229,353	74,906	304,259
Net Income / (Expenditure)	81,622	(25,480)	56,142
Reconciliation of funds
Total Fund brought forward	132,356	635,684	768,040
Total Fund carried forward	213,978	610,204	824,182

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

10. TANGIBLE FIXED ASSETS

10. TANGIBLE FIXED ASSETS
COST As at 1st April 2021 Additions Disposals As at March 2022 DEPRECIATION As at 1st April 2021 Charge for the year Eliminated on disposals As at March 2022 NET BOOK VALUE As at March 2022 As at March 2021	Plant and Machinery £	Fixtures and Fittings £	Total £
	1,037,635 7,160 -	19,001 1,163 -	1,056,636 8,323 -
	1,044,795	20,164	1,064,959
	389,426 18,817 -	18,579 1,114 -	408,005 19,931 -
	408,243	19,693	427,936
	636,552	471	637,023
	648,209	1,303	649,512

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors Prepayments and accrued income	31 March 2022 31 March 2021 £ £ 7,650 2,250 24,400 48,372 32,050 50,622

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors Social security and other taxes Accruals and deferred income Accured expenses	31 March 2022 31 March 2021 £ £ 6,923 11,517 2,248 3,188 - 16,250 6,225 6,600 15,396 37,555

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed assets Current Assets Current Liabilities	Unrestricted Funds £	Restricted Funds £	Capital Restricted Funds £	31 March 2022 31 March 2021 Total Total £ £ 637,023 648,631 250,888 213,106 (15,396) (37,555) 872,515 824,182
	64,652 160,295 (15,396)	- 90,593 -	572,371 -
	209,551	90,593	572,371

Restricted funds carried forward of £90,593 as of 31st March 2022 are made up of:

Horse fund Ageing Better in Camden Autograph Camden Town Brewery The Childwick Trust Grow Back Greener The Lightbulb Trust Jack Petchy Foundation LBC Section 106	31 March 2022 31 March 2021 £ £ 2,766 2,766 - - - 3,750 7,500 7,500 3,750 3,750 38,460 - 8,935 - - 1,250 29,182 - 90,593 19,016

Kentish Town City Farm

Notes to the Accounts (Continued) for the year ended 31[st] March 2022

14. MOVEMENT IN FUNDS

Unrestricted Funds General fund Restricted funds Restricted fund Capital restricted fund	1 April 2021 Net 31 March 2022 Total Movement Total £ £ £ 213,978 (4,427) 209,551 19,016 71,577 90,593 591,188 (18,817) 572,371 824,182 48,333 872,515

Incoming Resources £	Resources Expended £	Movement Funds £
190,718 175,915 -	(195,145) (104,338) (18,817)	(4,427) 71,577 (18,817)
366,633	(318,300)	48,333
1 April 2020 Total £	Net Movement £	31 March 2021 Total £
132,356 25,822 609,862	81,622 (6,806) (18,674)	213,978 19,016 591,188
768,040	56,142	824,182

Kentish Town City Farm Notes to the Accounts (Continued) for the year ended 31[st] March 2022

Comparative net movement in funds. included in the above are as follows:

Unrestricted Funds General fund Restricted funds Restricted fund Capital restricted fund Capital fund is for the farm buildings	Incoming Resources Movement Resources Expended Funds £ £ £ 310,975 (229,353) 81,622 49,426 (56,232) (6,806) - (18,674) (18,674) 360,401 (304,259) 56,142

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022