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2024-03-31-accounts

Company no. 02114442 Charity no. 297091

St. Werburghs City Farm Report and Unaudited Financial Statements

31 March 2024

St. Werburghs City Farm

Reference and administrative details

For the year ended 31 March 2024

Company number 02114442
Charity number 297091
Registered office and Watercress Road
operational address St. Werburghs
Bristol
BS2 9YJ
Trustees Trustees, who are also directors under company law, who served during
the year and up to the date of this report were as follows:
Jacqueline Barker Chair
Jonathan Brockwell
Jess Bunyan appointed 18 September 2023
Tesni Clare appointed 18 September 2023
Tola Fisher appointed 18 September 2023
Clara Greenwood appointed 18 September 2023
Joseph Hughes resigned 18 September 2023
Mutale Katyoka resigned 18 September 2023
Fiona McDonald
Emma Morton appointed 18 September 2023
Lisa Pascoe
Laura Tyley resigned 18 September 2023
Key staff A Bowsher Sites Operational Manager (from 1 January
2024)
C Briseid Marketing, Comms and Events Operational
Manager
J Clynewood Director (Job Share)
C Datta Child & Youth Manager (Job Share, from 19
February 2024)
L Emerson Child & Youth Manager (Job Share)
S Flint Supported Farming and Green Care Manager
J Howard Coles Director (Job Share)
B Lambert Estates and Livestock Manager
A Lee Propagation Place Manager
D Lindo-Jones Finance Manager
I Patrick Services Operational Manager
Bankers HSBC Bank PLC Ecology Building Society
27 Gloucester Road North 7 Belton Road
Filton Silsden, Keighley
Bristol West Yorkshire
BS7 0SQ BD20 0EE

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St. Werburghs City Farm

Reference and administrative details

For the year ended 31 March 2024
Investment managers Epworth Investment Management Limited
9 Bonhill Street
London
EC2A 4PE
Insurers Hiscox Insurance
c/o Arthur J Gallagher (UK) Limited
Spectrum Building
7th Floor
55 Blythswood Street
Glasgow
G2 7AT
Independent Godfrey Wilson Limited
examiners Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Who we are

St Werburghs City Farm is an inner-city community hub for land-based opportunities. Situated 1.5 miles from Bristol city-centre, we manage more than 18 acres of green space including a 2-acre small holding, a 1-acre community garden, a 2.5-acre conservation site and 13 acres of community allotments. We understand the importance that green space has for our collective health and wellbeing, which is why all our work is based on strengthening the connections between land, animals and people. We know that enjoyment of green space, access to local food and opportunities in the agricultural sector are not equal, and we are committed to addressing this imbalance in our work. We appreciate that everyone has skills, experience and assets to share, which is why we base our approach on co-design and delivery, with and for our community. We also recognise that inequalities exist in our community and our city, which is why we target our work at those experiencing mental ill-health, disadvantage and/or marginalisation.

We are working to create a future where communities grow, green spaces flourish, and together we thrive.

Using diverse urban green spaces, we offer community services that aim to:

Strengthen connections between land, animals and people by:

Be a beacon for small-scale urban farming and community food growing by:

Make space to share experience and collaborate by:

Nourish communities by sharing local, seasonal food together by:

Respond to emerging environmental and social needs within our community by:

Our services, which develop depending on the needs of our community, include: supported training placements for adults with learning difficulties, alternative curriculum placements for young people struggling in mainstream education, nature connection sessions for adults experiencing mental-ill health, woodland play for children experiencing anxiety, propagation sessions in our social enterprise, and partnership sessions to increase engagement of communities underrepresented in our services, agriculture and/or outdoor engagement.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

With more than 3,500 service users, 15,000 people enjoying our events/facilities and more than 40,000 local visitors passing through the gates each year, we are a vital community hub, accessible to all.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Overview of the year from the Chair of the Board of Trustees

The Farm has seen a year packed with joys and challenges. Our sites are evolving and our services going from strength to strength. Our staff have continued to work with creativity, commitment and skill, and our participants have brought energy, passion and strength to our projects. As the cost-ofliving crisis deepened, we saw the social inequalities in our communities brought into sharp focus, and the need for our services reach new levels across the board.

We’ve seen positive developments in our funding, but we ended the financial year with a small, forecasted deficit. Running down our reserves to support our beneficiaries during the pandemic and a cost-of-living crisis was a deliberate decision, but we now need to grow our income to rebuild a level of reserve and to afford the increased cost of products and services. Our highest spend remains staff wages and we have continued to offer pay increases to keep pace with the cost of living.

Following recommendations from the Equity and Advocacy processes, and a successful pilot phase, we launched our new inclusion programme - Space to Grow - in September 2023. Space to Grow offers low-cost space hire and longer-term residencies at the Farm for groups and grassroots organisations from communities underrepresented in our services. We have seen applications from a diverse range of organisations resulting in four new partnerships and several grassroots groups who use our spaces through the programme. These include several organisations providing support to refugees in the city. We are getting some wonderful feedback from these new partners about the sense of welcome they have felt at the Farm, and we are already witnessing some of the communitybuilding momentum that we were hoping this project could forge over the longer term.

Last year saw the post-pandemic return of the Farm Fair – the community festival and fundraising event providing cause for (and opportunity to) celebrate! We moved the Fair from its usual fixture in June to late September as the BBC were filming the third season of The Outlaws on the Farm site. The Farm Fair brought back the music, food, local stalls and creative workshops we had been missing - and even some September sunshine. It also brought much-needed unrestricted income, despite not being as busy as in previous years. 2023 also saw the Farm site hosting two theatrical shows, in a new format using the Connection Centre courtyard and working with local theatre companies.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

During an exciting and challenging year, we have continued to benefit from strong and engaged governance from our wonderful trustees. Our Board has grown this year, welcoming Tesni Clare, Clara Greenwood, Emma Morton, Tola Fischer and Jess Bunyan, who bring with them new skillsets so that our Board provides invaluable support across safeguarding, finance, fundraising, communications and animal health.

The team have been working on improving our sites for accessibility, biodiversity, engagement and food production. Some parts of our sites have felt tired and in need of repair and we have been looking for opportunities to fund improvements. We have seen a number of successes in this area and during the final quarter the Volunteering & Wellbeing team completed a project at Boiling Wells giving us new steps, paths, a new roof for the roundhouse, solar panels and more. We have also been awarded funding to improve access and carry out maintenance at the Community Garden, as well as taking part in a major regional programme to create habitats for pollinators and provide multisensory engagement for the public on our main Farm site.

Alongside developing our site, we have continued to engage, uplift, and empower the people that participate in our services, supporting them to identify and develop the skills, interests, ideas and experience they have. Staff, volunteers and participants have worked together to care for and develop our green spaces, care for our animals and gardens and welcome our community. Some of the following quotes highlight the impact these activities have had:

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Over the course of the year, we have said goodbye to some talented and downright brilliant members of the staff and trustee team, including Ro Fry, Lou Clarke, Laura Tyley, and Joseph Hughes. The indomitable Alex Bowsher has stepped up to Sites Operational Manager and has already made a difference to our sites, with new ponds and planting popping up all over the Farm’s sites. We have also welcomed Gareth Snelling as Supported Farming Horticultural Support Worker, Celeste Datta as Child and Youth Manager, Sophia Hanke as Volunteer Co-ordinator and Morwenna Evans as maternity cover for the Farm's Livestock Officer, and worked with several work placements, interns and students who have all brought so much enthusiasm and energy. Thank you all, from the bottom of our hearts.

Lastly, as a charity, we rely on the support of our donors and funders. Every donation we receive enables us to offer targeted activities for those most in need and to maintain our green spaces for people and wildlife alike. Thank you to everyone that has attended an event, tapped to donate, put spare change in a collection bin or become a monthly donor: your support makes all the difference.

We are so grateful for the continued support of our community.

Thank you!

Jackie Barker

Jackie Barker, Chair of the Board of Trustees

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Our Impact 2023-24

St. Werburghs City Farm inspires and educates communities. We engage over 60,000 people each year and deliver carefully designed programmes that build skills and knowledge and increase wellbeing and self-esteem.

Over the past year, the Farm has engaged 7,621 target beneficiaries, 6,108 indirect beneficiaries and 60,000 visitors/customers as follows:

Project Target
Beneficiaries		 Impact areas (Organisational
Objectives)		 Secondary beneficiaries
Supported
Farming and
Green Care		 25 participants • Offering educational
opportunities to gather skills and
experiences; and
•Maintaining and sharing
accessible green spaces.
• Exploring the therapeutic
benefits of animals, plants, and
green spaces;		 50
indirect
beneficiaries
as
family members (1:2)
1,000 customers eating local
food grown by target
beneficiaries
Propagation
Place		 20 Volunteers
2,000 customers
buying plug plants		 • Supporting local food networks
through growing seasonal plants
and produce;
• Providing practical opportunities
in food growing, animal care, and
conservation; and
• Maintaining and sharing
accessible green spaces.		 44
indirect
beneficiaries
as
family members (1:2)
Child &
Youth		 1,006 participants • Bringing people together to
grow, cook, and feast.
• Exploring the therapeutic
benefits of animals, plants, and
green spaces;
• Offering educational
opportunities to gather skills and
experiences; and		 4,024 indirect beneficiaries as
family
members
and
other
students (1:4)
Volunteer
&
Wellbeing		 120 participants • Exploring the therapeutic
benefits of animals, plants, and
green spaces.
• Providing practical opportunities
in food growing, animal care, and
conservation; and		 240 indirect beneficiaries as
family members (1:2)
Everyone using or visiting our
sites, which are maintained
and cared for by our
volunteers

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Community
and
Inclusion		 250 direct
beneficiaries
4,200 event
attendees		 • Providing inclusive access to
our sites, resources, and
services;
• Celebrating communities
through seasonal events and
activities.
• Co-creating opportunities to
share skills and experiences;
• Working in partnerships that lift
our communities up; and		 750 residents connected to
each other and other services
(1:3)
Livestock
Project		 60,000 visitors to
the Farm &
playground per
year		 • Aiming for the highest standards
of ethical farming practices; and
• Providing practical opportunities
in food growing, animal care, and
conservation.
• Telling the story of where food
comes from;
Total 7,621 direct beneficiaries;
6,108 indirect beneficiaries (as family members and other students); and
60,000 customers and visitors benefiting from the activities of our target beneficiaries.

Supported Farming and Green Care Impact

Overview of Service

The Supported Farming and Green Care Project (SF&GC) offers accessible horticulture and assisted animal therapy placements for adults with learning disabilities and mobility impairments. We support up to 30 adults per year, through sessions held 5 days a week for groups of up to 6 adults (and support workers). During our horticultural sessions, participants learn how to grow and harvest vegetables, propagate seedlings, and tend to our greenhouses and raised beds. On our animal care days participants look after the animals, taking time to relax and connect with them, and at the same time helping to clean out their housing and care for their needs. Our staff are trained in Animal Assisted Therapy and all service users spend time with the animals during their time here. Working in the garden and with animals has a measurable beneficial effect on wellbeing: increasing confidence and lessening anxiety levels.

Impact highlights from 2023-2024

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Service user story

HB is a 26 year-old man with learning difficulties, autism, epilepsy and communication difficulties. He has attended the Supported Farming and Green Care project since February 2022. He lives in supported living accommodation with another young man who he has known since his childhood. HB comes to the Farm once a week and particularly enjoys physical activities like digging, pushing wheelbarrows, spreading mulch and any jobs that keep him active throughout the session. He also likes to do more precise tasks and has shown interest in craft activities like card making, painting, cutting textiles and craft - which he does carefully and precisely.

When HB first came to the sessions, we were told by his carers that he was very scared of all animals. Part of the daily routine is to visit the animals after lunch and feed them and pet them. At the beginning HB looked really scared by the farm animals: not wanting to approach the fence. We encouraged him to come with the group to see the animals and slowly introduced him to the idea of touching them. With time he’s been able to start feeding the animals, and it is now one of his favourite afternoon activities. During the sessions in the community garden the presence of cats and dogs scares him less and less, especially while seeing other people’s positive interaction with them.

HB is generally much more confident. He can easily identify and communicate which tasks he prefers to do and the ones he’s not keen on. He is less anxious and clearly enjoys the time he spends here – especially with the animals. HB is mostly non-verbal, however he often writes independently on his daily sheet that he had a “happy good day” at the Farm.

Propagation Place

Overview of Service

Propagation Place is a pioneering community project, comprising a propagation polytunnel and community garden. We sell vegetable and herb plug plants to our local community and nationally online, with our plant sales supporting our charitable work in education, wellbeing and personal development for people experiencing disadvantage and/or marginalisation. Our ‘Growing Futures’ project offers opportunities for 18-25 year-olds to learn practical, vocational skills and gain confidence, often before entering employment for the first time. All our primary activities involve supporting people who may be experiencing disadvantage, whether this is due to socio-economic factors, racial prejudice, disability or learning difficulty or discrimination.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Impact highlights from 2022-23

Service Impact

In the words of some of the young people who took part in our traineeships and volunteer placements:

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Child and Youth

Overview of service

Our Child and Youth Project offers a range of curriculum-linked educational sessions, alternative curriculum placements and outdoor play and learning activities. All our activities seek to build young people’s interest in the natural world, foster greater resilience and self-esteem, and increase their capability for education and personal development. The activities include:

Impact highlights from 2023-24

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Participant story

AA was with us for 2 years doing two x 4-hour sessions each week, with Work2Learn Animals and Youth Café programmes. She came to us with a degenerative disease which her mum explained meant she would have to use a wheelchair at times. She was also very shy and barely spoke and if asked an opinion she often didn't know what to answer. For the rest of the week AA was at home and not socialising with other children of her age, so our sessions were her chance to do this. Though AA would often get tired and very occasionally use her wheelchair, as time went by AA became more and more motivated to engage with activities and socialise with her peers. She loves animals and through the cooking she became increasingly confident and independent. As AA grew in confidence, her selfesteem improved, and we were able to support her in expressing her needs as well as opinions. By the end of her time with us AA progressed from a timid individual lacking physical and emotional confidence to someone who could assert herself and be an influential, engaged member of the team.

Throughout the time AA was home educated and rarely managed much outside coming to the farm. Her parents were extremely supportive of her time with us, always checking in and telling us how AA was doing, and eventually telling us that she had made the big decision to try out going to school. Only a couple of schools in the Bristol and South Glos area were able to accept AA with her disability, but this didn't deter AA and she finally left us in July 2023 knowing that in a few months’ time she should be starting at Dovecot School in Somerset.

Volunteer and Wellbeing

Overview of service

The Volunteer & Wellbeing programme engages and supports adults (18+) in a variety of land management, conservation, gardening, cooking and health and wellbeing activities. The project targets activities at people experiencing disadvantage, including people experiencing mental ill health (anxiety and depression), those who identify as isolated or lonely, people with learning and physical disabilities, and those that are in recovery etc. During 2023-24, over 60% of beneficiaries identified as being affected by mental ill health, over 30% as having learning or physical disabilities and over 30% as suffering with other health issues.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Many people attend the sessions to develop a sense of community and many friendships have been forged. People often take the skills they have learnt during the sessions (such as making wood storage and composting bays) and use them elsewhere.

Impact highlights from 2023-24

Service user story

Lucy was referred to our adult volunteering service in 2022, initially accessing our Animal Care sessions. She had recently been diagnosed with ADHD and was experiencing a period of depression and anxiety, meaning she was no longer able work at an animal re-housing charity. After completing 12 sessions she expressed an interest in developing her outdoor practical skills and was invited to join the Wednesday Landscaping sessions for an additional 12-week block. It was a perfect opportunity for her as the group was about to start regenerating the pond in the Community Garden. Lucy was like a duck to water!

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Quotes from other beneficiaries

Community and Inclusion

Space to Grow Project

After successfully piloting the Space to Grow partnership programme in 2022-23, we have officially launched the project this year! Space to Grow enables fledgling community groups and organisations to work in partnership with the Farm, encouraging the removal of barriers to participation and increasing engagement of people currently underrepresented in our services. We understand that we can have a greater impact by working with other people that are experts in their field or rooted in their community. The project includes setting up partnership agreements that offer either low-cost space hire, 12- or 24-month residencies and collaboration opportunities.

Impact highlights from 2023-24

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

We have also continued to celebrate, connect and uplift our community by running a series of seasonal events including:

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Equity Review

The Equity Project began in 2019, after a member of staff challenged the Directors to do better with increasing diversity and representation within the staffing team, visitors, and beneficiaries at SWCF. The Equity Project explored barriers to participation at urban farms for people from diverse communities and presented possible solutions for improvement. The resulting Equity Report was publicly launched in January 2021. The recommendations within the Equity Report and its’ supporting documents were compiled into an Equity Action Plan, to ensure that no recommendations were overlooked. Following on from the community research carried out by an Equity Team, we engaged 10 community advocates from diverse backgrounds in a three-month exploration of the Farm, our sites, services, vision and mission. This process was guided by Dr Addy Adelaide, and generated some important insights which were fed into our new Vision, Mission and Strategy, along with input from staff and other key stakeholders.

Three years on from the external launch of the Equity Report, we are now reporting on our progress for implementing the recommendations, as part of our duty of accountability – to ourselves, and to our community.

Successes

Other activities we have supported through Space to Grow include:

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Challenges

Equalities data

We have now collected three years-worth of comparable equalities data for staff and trustees – please see overleaf for data for 2020, 2021 and 2022. We did not collect comparable data for 2023 but we will do another equalities survey in early 2024 and collate this information.

Analysis of staff and trustee equalities data

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Looking forward to 2024-25

This year is all about strengthening the Farm across the board: consolidating our services, improving our sites and stabilising our finances for the future. This will be a year in which we listen to our stakeholders and consider how we can fine-tune our approaches to make sure we continue to deliver our Vision and Objectives as the needs of our communities change. We will also be laying the groundwork for a process which will ultimately see the rebuilding of our office, community building, café and playground, presenting a major opportunity to reimagine how these spaces can better serve our communities.

Consolidation and systems

With the addition last year of Space to Grow, we now offer an impressive range of services and access points to some of the most disadvantaged groups in our community and the wider city. This year will be about strengthening, securing and consolidating the services we offer, and introducing new tools and systems to support their delivery.

We are hugely proud of the impact our services deliver. We know that providing a reliable programme of support to our participants helps build the friendships, communities and trust that underpins improved wellbeing. So, with this in mind we are looking to focus on the consolidation of our services and the calendar of opportunities that we offer our participants across the year. We are also looking to build on the feedback we receive from our participants and make sure we are centering quality and impact through everything we deliver. With the introduction of a new database software package and the establishment of a CRM system, we are building in more consistent processes for how we recruit participants, collect data and talk to our stakeholders.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Community Consultation and Strategy

We are soon to launch a community consultation, the outputs of which will underpin the development of a new three-year strategy for the Farm. We are planning the second of two all-staff engagement days, as well as our annual staff survey, which will also contribute to shaping our new strategy. Developing the new strategy is an opportunity for ambition in terms of how we respond to the needs and interests of our communities, as well as a chance to pave the way towards a more secure future in terms of how we fund the Farm and our activities. The strategy will also lay the groundwork for planning the major redevelopment of our office, community building, café and playground, all of which are nearing the end of their useful life. This presents us with the opportunity to reimagine how our spaces can better serve our Vision for the long term.

Site developments

After a quiet period, 2024 is already seeing the impact of a programme of development and improvements across all of our sites. We have secured funding support from several sources to carry out some much-needed renewal works, as well as some exciting new projects. Teams of volunteers are giving the Community Garden a major uplift, with a new retaining wall, steps, fences and raised beds. Volunteers are also working with us on a project we have been aiming towards for several years now – the creation of a loop walk around the Farm site.

The team are excited to be delivering a major project across our sites in response to the ecological emergency, creating a pollinators corridor linking the community garden to the allotments and providing an engaging educational resource for visitors of all ages. With funding from West of England Combined Authority, we are planting two wildflower meadows and a 50m wall of pollinators along the southwest edge of the Farm, along with the creation of a new wildlife pond, bog garden, herb planters, picnic area and orchard.

Events programme

This year is shaping up to be a big one in terms of events, with our seasonal programme plus other public events planned across the year. Outlandish Nights is returning with another four folk music evening events throughout May, and we’re hoping to see more theatre in our spaces again this year.

The Farm Fair is back in its usual fixture on June 8, and our hope is that this year will see a bigger income through ticket sales and the bar, as well as a line-up of bands and artists who will get the crowds up and dancing. We’re delighted to have amazing support from the wonderful Bristol Beer Factory through their groundbreaking Brewed2Give initiative, and we are looking forward to seeing the impact of a new partnership with Boardwalk who are supporting our communications and promotion.

Inclusion and partnership

With Space to Grow now live and a diverse range of partners here at the Farm, we are looking forward to our second round of applications from prospective partners – in June. We’ll be offering lowcost and free space hire to groups for 12-week blocks and will also be looking to offer new residencies for up to two years, following the success of our partnership with Houria in 2022.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Finances and fundraising

The Farm is fortunate to have developed a funding model that is based on a diverse range of income streams that includes educational funding, earned income through sales and site hire, donations, fundraising events and grants. However, grants make up around half of the Farm’s income and this leaves us exposed. We are currently seeing a significant reduction in in our usual ratio of successful grants, which seems to reflect the experience of many others in the charity sector.

This shift in the average success rates of our grant applications has prompted us to bring forward other developments that will help to support and diversify our income generation strategy longer term. This includes the establishment of a CRM system to support individual giving and the cultivation of major donors, the development of a corporate support programme and more structured engagement with trustees and other Farm supporters who can provide us with guidance around how we extend our fundraising activities.

Staffing structure

After more than 10 years at the Farm and six years as a Director, Jess Clynewood left us in June 2024. Jess has worked in several roles at the Farm having joined as a Horticultural Training Officer in 2013, then moving on to Supported Training Project Manager in 2014, Sites Operational Manager in 2016, and finally stepping up as Co-director alongside Kari Halford in 2018. The Farm has benefited hugely from Jess’ knowledge and experience of horticulture and food production – not least through her key role in laying the groundwork for the launch of Propagation Place in 2016. Jess has guided the Farm through the pandemic, ensuring that our services could continue to support our participants through such a difficult time, and she has expertly navigated the financial crisis we found ourselves in as we emerged from the pandemic in 2022. Apart from her skills and confidence, we will miss Jess’ creativity, clear-sightedness, her compassion and her excellent sense of humour.

A new staffing structure has been developed, which we propose implementing from July 2024. The proposal includes the addition of a new Fundraising Manager to work alongside Jen who will become the sole Director. The team are also planning some changes to line management to ensure that all project managers are line managed by an operational manager, and to share line management responsibilities more evenly and logically across the Leadership Team.

Finance

The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice – Accounting and Reporting by Charities.

The Farm's total incoming resources for 2023-24 were £628,312. Total expenditure was £672,096. Including funds carried forward, the Farm's total funds are £474,043 of which £306,343 are tangible fixed assets (capital buildings) and £49,874 are restricted funds which will support service delivery in 2024-25. Excluding these funds, the Farm ends the year with £117,826 unrestricted funds which comprises of:

Need for future funds

As outlined in the table below, the Farm’s total funds have decreased from £517,827 (2023) to £474,043 (2024).

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Having invested the majority of our reserves over the pandemic and ensuing cost-of-living crisis, we now need to focus on balancing our budgets and replenishing our reserves. This is to ensure continued organisational resilience; safeguarding our community services for the future. Given that we are still in the midst of the cost-of-living crisis and the needs presenting in our community are still increasing, this will need careful financial management and budgetary scrutiny throughout the year. However, from our current financial projections, we are confident that we will be able to continue to offer our vital community support services whilst returning a small surplus at the end of the financial year.

Income model

The largest income stream in 2023-24 was once again grants from Trusts and Foundations. In 202223 the proportion of our total income that was grants was 36% and in 2023-24 it was 38%. We saw a decrease in donations and legacies but this was replaced through income from the Farm Fair which ran for the first time in 2023 since before the COVID-19 pandemic. Site and building hire was also largely up on the previous year due to increased advertising and also the Space to Grow programme. Income from the delivery of Education programmes for children and young people as well as the Supported Farming and Green Care project increased again in line with continuing to increase the number of participants.

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

Thank you

The trustees are very grateful to all those listed below who have supported the work of the charity this year. Without their trust in the Farm and their generous, financial support, we would not have the capacity to support our clients, participate proactively in our community and grow for the future.

Trusts and Foundations

Avon Wildlife Trust – Healthier with Nature Ninevah Trust Big Give Trust National Grid Access For All Bristol City Council Holidays Activity Fund Quartet Community Resilience Fund BYCA Holiday Activity Grant Spielman Trust CLA Charitable Trust Souter Charitable Trust Coop Community Fund Veolia Environmental Trust David Solomon Charitable Trust Warburtons Community Grant Edward Gostling Foundation Woodroffe Benton Foundation Enterprise Development Programme WECA Community Pollinator Fund Ernest Cook Trust Garfield Weston Foundation Donors and sponsors Henry Smith Charitable Trust Bristol University J & M Britton Charitable Trust Boardwalk Lord Barnby’s Foundation Bristol Beer Factory Medlock Charitable Trust Everyone who supported our Big Give campaigns Neighbourly Community Fund – B&Q Nisbet Trust

Volunteers, members, consultants and staff

We would like to say an extra special thank you to:

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St. Werburghs City Farm

Report of the trustees

For the year ended 31 March 2024

To you all, a big, warm thank you for your energy, enthusiasm, and continued commitment to making the Farm an inspiring and caring place.

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees confirm that to the best of their knowledge there is no information relevant to the audit of which the independent examiners are unaware. The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant examination information and that this information has been communicated to the independent examiners.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were re-appointed as independent examiners to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 22 July 2024 and signed on their behalf by

Fiona McDonald

Fiona McDonald Treasurer

25

Independent examiner's report

To the trustees of

St. Werburghs City Farm

I report to the trustees on my examination of the accounts of St. Werburghs City Farm (the charitable company) for the year ended 31 March 2024, which are set out on pages 27 to 46.

Responsibilities and basis of report

As the trustees of the charitable 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 charitable 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 the charitable company'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

Since the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

Godfrey Wilson Limited also provides payroll and consultancy services to the charitable company. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2016, which I have applied with respect to this engagement.

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

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.

Date: 22 July 2024 Robert Wilson FCA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol, BS1 4QD

26

St. Werburghs City Farm

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2024

Restricted Unrestricted
Note
£
£
Income from:
Donations and legacies
3
-
49,703
Charitable activities
4
234,368
188,665
Other trading activities
5
-
153,499
Investments
-
2,077
Total income
234,368
393,944
Expenditure on:
Raising funds
-
25,239
Charitable activities
239,923
406,934
Total expenditure
7
239,923
432,173
Net losses on investments
-
-
8
(5,555)
(38,229)
Reconciliation of funds:
Total funds brought forward
55,429
462,398
Total funds carried forward
49,874
424,169
Net expenditure and net movement in funds		 2024
2023
Total
Total
£
£
49,703
94,295
423,033
421,754
153,499
59,884
2,077
1,380
628,312
577,313
25,239
10,483
646,857
644,481
672,096
654,964
-
(3,056)
(43,784)
(80,707)
517,827
598,534
474,043
517,827

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 18 to the accounts.

27

St. Werburghs City Farm

Balance sheet

As at 31 March 2024

Note
Fixed assets
Tangible assets
11
Investments
12
Current assets
Stock
13
Debtors
14
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
15
Net current assets
Net assets
17
Funds
18
Restricted funds
Unrestricted funds
Designated funds
Capital fund
General funds
Total charity funds		 £
7,372
54,997
176,394
238,763
(71,063)		 2024
£
306,343
-
306,343
167,700
474,043
49,874
107,426
306,343
10,400
474,043		 2023
£
328,524
-
328,524
9,434
22,614
222,208
254,256
(64,953)
189,303
517,827
55,429
107,426
328,524
26,448
517,827

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477(2), and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 22 July 2024 and signed on their behalf by

Fiona McDonald

Fiona McDonald - Treasurer

28

St. Werburghs City Farm

Statement of cash flows

For the year ended 31 March 2024

Net movement in funds
Adjustments for:
Depreciation charges
Losses on investments
Dividends, interest and rents from investments
(Increase) / decrease in stock
Increase in debtors
Increase in creditors
Net cash used in operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
Proceeds from the sale of investments
Net cash provided by / (used in) investing activities
Increase / (decrease) in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2024
£
(43,784)
24,281
-
(2,077)
2,062
(32,383)
6,110
(45,791)
2,077
(2,100)
-
(23)
(45,814)
222,208
176,394		 2023
£
(80,707)
23,843
3,056
(1,380)
(2,241)
(5,186)
23,949
(38,666)
1,380
-
54,064
55,444
16,778
205,430
222,208

29

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

St. Werburghs City Farm meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executors to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probably when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of the provision of services is deferred until criteria for income recognition are met.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

30

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

1. Accounting policies (continued)

d) Donated services and facilities (continued)

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particularly areas of the charity's work or for specific projects being undertaken by the charity.

Restricted funds for the purpose of purchasing or constructing fixed assets are transferred to unrestricted funds if the restriction has been discharged by the purchase or construction of the asset.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. These costs have all been allocated to charitable activities.

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Farm buildings 10 years straight line Motor vehicles 4 years straight line Land and buildings 25 years straight line

Items of equipment are capitalised where the purchase price exceeds £500.

No depreciation is provided on freehold land.

31

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

1. Accounting policies (continued)

i) Tangible fixed assets (continued)

For capital items funded by restricted grants, if the restriction was discharged by the purchase or construction of the asset, the funds are transferred to unrestricted funds.

j) Stock

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Financial instruments

The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

o) Pension costs

The company operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

p) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

32

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

1. Accounting policies (continued)

p) Accounting estimates and key judgements (continued)

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below.

Depreciation

As described in note 1i to the financial statements, depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life.

2. Prior period comparatives

2.
Prior period comparatives
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net losses on investments
Net expenditure and net movement in funds
3.
Income from donations and legacies
Voluntary donations		 Restricted
£
-
208,783
-
-
208,783
-
219,630
219,630
-
(10,847)		 £
94,295
212,971
59,884
1,380
368,530
10,483
424,851
435,334
(3,056)
(69,860)
2024
Total
£
49,703
Unrestricted		 2023
Total
£
94,295
421,754
59,884
1,380
577,313
10,483
644,481
654,964
(3,056)
(80,707)
2023
Total
£
94,295

All income from donations and legacies was unrestricted in the current and prior year.

33

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

4. Income from charitable activities

Grants > £10,000:
Edward Gostling Foundation
Ernest Cook Trust
Garfield Weston
Henry Smith Charitable trust
Nisbet Trust
Quartet Community Foundation
Spielman Trust
Veolia Environmental Trust
West of England Combined Authority
Grants < £10,000
Total grant income
Supported training placements
Horticultural and farm sales
Workshops
Prior year comparative
Grants > £10,000:
Bristol Community Health Trust
Enterprise Development Programme
Ernest Cook Trust
National Benevolent Charity
National Lottery Community Fund
Nisbet Trust
Power to Change
Royal Horticultural Society
West of England Combined Authority
Wesport
Grants < £10,000
Total grant income
Kickstarter
Supported training placements
Horticultural and farm sales
Workshops		 Restricted
£
10,000
14,951
25,000
32,050
15,000
12,610
10,000
10,464
17,797
86,496
234,368
-
-
-
234,368
Restricted
£
19,520
25,820
14,951
10,000
10,000
15,000
10,000
15,500
14,000
12,693
61,299
208,783
-
-
-
-
208,783		 £
-
-
-
-
-
-
-
-
-
7,312
7,312
75,390
54,608
51,355
188,665
£
-
-
-
-
-
-
-
-
-
-
1,500
1,500
24,736
69,775
67,671
49,289
212,971
Unrestricted
Unrestricted		 2024
Total
£
10,000
14,951
25,000
32,050
15,000
12,610
10,000
10,464
17,797
93,808
241,680
75,390
54,608
51,355
423,033
2023
Total
£
19,520
25,820
14,951
10,000
10,000
15,000
10,000
15,500
14,000
12,693
62,799
210,283
24,736
69,775
67,671
49,289
421,754

34

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

5. Income from other trading activities

Allotments
Café rent and service charge
Farm fair
Film location hire
Memberships
Shop sales
Site hire		 2024
2023
Total
Total
£
£
13,786
14,514
17,220
16,597
28,014
-
44,464
-
2,425
2,500
4,024
2,642
43,566
23,631
153,499
59,884

All income from other trading activities was unrestricted in the current and prior year.

6. Government grants

The charitable company receives government grants, defined as funding from Bristol City Council, BBC Children in Need and The West of England Combined Authority (WECA) to fund charitable activities. In the prior year the charitable company received government grant funding from Bristol City Council, The National Lottery Community Foundation and WECA. The total value of such grants in the period ending 31 March 2024 was £33,388 (2023: £35,769). There are no unfulfilled conditions or contingencies attaching to these grants in the current or prior period.

35

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

7. Total expenditure

Total expenditure
Staff costs (note 9)
Recruitment and training
Summer fair
Events and fundraising costs
Advertising
Printing, postage and stationery
Equipment hire
Computer expenses
Telephone
Consultancy, legal and professional
Accountancy fees
Sundry expenses
Rent and rates
Heat and light
Insurance
Site development
Repairs and maintenance
Travel
Health and safety
Bad debts
Volunteer and trustee expenses
Depreciation
Activity and project costs		 Raising funds
£
-
-
17,219
7,052
968
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
25,239		 Charitable
activities
£
464,906
3,631
-
-
-
13,766
1,588
6,931
5,735
6,019
5,455
5,424
11,269
19,159
7,757
12,358
23,016
1,316
3,820
171
639
24,281
29,616
646,857		 2024 Total
£
464,906
3,631
17,219
7,052
968
13,766
1,588
6,931
5,735
6,019
5,455
5,424
11,269
19,159
7,757
12,358
23,016
1,316
3,820
171
639
24,281
29,616
672,096

Total governance costs were £2,160 (2023: £2,040).

36

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

7.
Total expenditure (continued)
Prior year comparative
Staff costs (note 9)
Recruitment and training
Events and fundraising costs
Advertising
Printing, postage and stationery
Equipment hire
Computer expenses
Telephone
Consultancy, legal and professional
Accountancy fees
Sundry expenses
Rent and rates
Heat and light
Insurance
Repairs and maintenance
Travel
Health and safety
Bad debts
Volunteer and trustee expenses
Depreciation
Activity and project costs		 Raising funds
£
-
-
6,851
3,632
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10,483		 Charitable
activities
£
484,482
9,306
-
-
15,634
1,821
6,087
4,969
7,922
5,355
3,267
12,499
13,888
6,276
20,727
588
3,210
670
2,215
23,843
21,722
644,481		 2023 Total
£
484,482
9,306
6,851
3,632
15,634
1,821
6,087
4,969
7,922
5,355
3,267
12,499
13,888
6,276
20,727
588
3,210
670
2,215
23,843
21,722
654,964

37

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

8. Net movement in funds

This is stated after charging:

Depreciation
Trustees' remuneration
Trustees' reimbursed expenses
Independent examiners' remuneration (excluding VAT):
▪Independent examination
▪Other services		 2024
£
24,281
Nil
13
1,800
2,746		 2023
£
23,843
Nil
55
1,700
2,763

Trustee reimbursed expenses relate to governance and training costs for one trustee (2022: 1 trustee).

9. Staff costs and numbers Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs
Freelance staff		 2024
£
389,562
20,588
11,781
42,975
464,906		 2023
£
418,572
21,201
12,479
32,230
484,482

No employee earned more than £60,000 during the current or prior year.

The key management personnel of the charitable company comprise the Trustees and the Directors. The total employee benefits of the key management personnel were £62,568 (2023: £67,370).

Average head count (FTE) 2024
No.
14.00		 2023
No.
15.00

10. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

38

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

11. Tangible fixed assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
12. Investments
Market value at 1 April 2023
Disposal proceeds
Realised losses
Market value at 31 March 2024
13. Stock
Livestock, deadstock and feed
14. Debtors
Trade debtors
Prepayments
Accrued income
Other debtors		 Vehicles
£
-
2,100
2,100
-
438
438
1,662
-		 Farm
buildings
£
112,351
-
112,351
83,870
7,642
91,512
20,839
28,481		 Land and
buildings
£
405,022
-
405,022
104,979
16,201
121,180
283,842
300,043
2024
£
-
-
-
-
2024
£
7,372
2024
£
29,816
9,541
14,226
1,414
54,997		 Total
£
517,373
2,100
519,473
188,849
24,281
213,130
306,343
328,524
2023
£
57,120
(54,064)
(3,056)
-
2023
£
9,434
2023
£
8,573
7,206
5,956
879
22,614

39

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

15. Creditors: amounts due within 1 year

15. Creditors: amounts due within 1 year
Trade creditors
Accruals
Deferred income (see note 16)
Other taxation and social security
Pension control account
Other creditors
16. Deferred income
At 1 April 2023
Deferred during the year
Released during the year
At 31 March 2024		 2024
£
18,394
9,513
32,867
5,103
2,410
2,776
71,063
2024
£
28,479
32,867
(28,479)
32,867		 2023
£
12,463
12,303
28,479
4,243
2,153
5,312
64,953
2023
£
20,358
28,479
(20,358)
28,479

Deferred income relates to income taken in advance for allotments, weddings and Propagation Place.

17. Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2024
Prior year comparative
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2023		 £
-
49,962
(88)
49,874
£
-
55,429
-
55,429
Restricted
funds
Restricted
funds		 £
306,343
188,801
(70,975)
424,169
£
328,524
198,827
(64,953)
462,398
Unrestricted
funds
Unrestricted
funds		 Total
funds
£
306,343
238,763
(71,063)
474,043
Total
funds
£
328,524
254,256
(64,953)
517,827

40

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

18. Movements in funds

Restricted funds
AWT Healthier with Nature
BCC - Community Capital
BCC - HAF
Bristol Community Health Trust
BYCA Holiday Activity Grant
Charbritton Trust
CLA Charitable Trust
David Solomon's Charitable Trust
Edward Gostling Foundation
Ernest Cook Trust
Garfield Weston
Green Match Fund
Henry Smith
Lord Barnby
Medlock
National Lottery Community Fund
Nineveh
Nisbet Trust
Quartet - Decking
Quartet - Rewild Child
Quartet Resilience
Royal Horticultural Society
Souter Charitable Trust
Spielman Trust
The Big Give
B&Q SFGC Ramp
Children in Need
University of Bristol
Veolia - Community Garden
Warburtons Community Grant
WECA Community Pollinator Fund
Will Charitable Trust
Woodroffe Benton
Total restricted funds
Enterprise Development Programme
National Grid - Woodland Access for
All		 £
-
2,500
2,105
11,500
-
-
-
-
-
(755)
14,951
-
-
-
-
-
-
10,000
-
11,000
-
3,000
-
292
-
-
-
-
-
836
-
-
-
-
-
55,429
At 1 April
2023		 Income
£
4,224
-
6,592
-
2,610
5,000
3,000
1,000
10,000
8,180
14,951
25,000
2,472
32,050
5,000
5,000
9,709
-
4,000
15,000
1,000
-
9,000
-
5,000
10,000
2,420
5,000
9,000
-
10,464
400
17,796
8,000
2,500
234,368		 £
(4,224)
(2,500)
(8,697)
(11,500)
(2,610)
(5,000)
(3,000)
(1,000)
(10,000)
(7,425)
(17,915)
(25,000)
-
(24,845)
(5,000)
(5,000)
(9,709)
(10,000)
(4,000)
(13,441)
-
(3,000)
(9,000)
(292)
(5,000)
(10,000)
(2,420)
-
-
(1,088)
(9,561)
(400)
(17,796)
(8,000)
(2,500)
(239,923)
Expenditure		 Transfers
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11,987
-
-
-
2,472
-
7,205
-
-
-
-
-
-
-
-
-
-
-
12,559
-
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
5,000
-
9,000
-
(252)
-
903
-
-
-
-
-
-
-
-
-
49,874
At 31 March
2024

41

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

18. Movements in funds (continued)

Total restricted funds
Designated funds:
Three month operational reserve
Total designated funds
Capital fund
General funds
Total unrestricted funds
Total funds
Purposes of restricted funds
AWT Healthier with Nature
Unrestricted funds		 55,429
107,426
107,426
328,524
26,448
462,398
517,827
Funding to s		 234,368
-
-
-
393,944
393,944
628,312
upport the de		 (239,923)
-
49,874
-
-
107,426
-
-
107,426
(24,281)
2,100
306,343
(407,892)
(2,100)
10,400
(432,173)
-
424,169
(672,096)
-
474,043
velopment and set up of a CRM system		 49,874
107,426
107,426
306,343
10,400
424,169
474,043

Funding to support the development and set up of a CRM system for the Farm.

BCC - Community Capital

Towards capital purchases needed to transform an underused and inaccessible space into a Green Kitchen to deliver outdoor cooking and growing activities.

BCC - HAF

For the provision of holiday cooking activities for 13 -16 year olds.

Bristol Community Health Trust

Funding towards co-design partnerships for outdoor-focused health and wellbeing activities for adults currently underrepresented in outdoor activity and the Farm’s services.

BYCA Holiday Activity Grant Funding towards the cost of youth holiday activities. Charbritton Trust To support towards the running of the Farm’s Livestock Project. CLA Charitable Trust To support delivery of Supported Farming & Green Care project. David Solomon's Charitable Trust To support delivery of Supported Farming & Green Care project. Edward Gostling Foundation To support delivery of Supported Farming & Green Care project. Enterprise Development Programme To support the development and resilience of the Propagation Place project. Ernest Cook Trust Funding to employ an Outdoor Learning Officer to deliver activities that build the resilience of inner-city children. Garfield Weston To support the Farm’s core costs, underpinning all activities. Green Match Fund Funding to support the Volunteering & Wellbeing project.

42

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

18. Movements in funds (continued) Purposes of restricted funds (continued) Henry Smith To support all of the Farm’s adult volunteering programmes. Lord Barnby Funding to support delivery of the Rewild Child project. Medlock Funding to support delivery of the Rewild Child project. National Grid - Woodland Access for Funds to carry out maintenance and site development to improve All safety and accessibility at Boiling Wells. National Lottery Community Fund Towards the costs of extending our nature connection provision and co-creating a new 3-year Volunteer and Wellbeing Strategy. Nineveh Funding to support the Volunteering & Wellbeing project. Nisbet Trust Towards the costs of the Child and Youth Project Manager to deliver the Roots to Learning programme. Quartet - Decking Funding towards the cost of repairing the café decking. Quartet - Rewild Child Funding to engage and empower disadvantaged young people within our city. Quartet - Resilience Funding support our community consultation and strategy development. Royal Horticultural Society Funding towards the employment and support of Horticultural Apprentices. Souter Charitable Trust Funding to support delivery of the Supported Farming & Green Care project. Spielman Trust Funding to support delivery of the Rewild Child project. The Big Give A match funding campaign supporting the Farm’s core costs. B&Q SFGC Ramp Funding to replace the wheelchair ramp to the Supported Training cabin. Children in Need Funding to support delivery of the Rewild Child Project. University of Bristol Funding to offer a high-quality, fully paid internship for young people to gain experience of working in charities and social enterprises. Veolia - Community Garden Funding to improve accessibility and safety at the Community Garden. Warburtons Community Grant Funding to buy equipment for the Green Kitchen.

43

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

18. Movements in funds (continued)

Purposes of restricted funds (continued)

West of England Combined Authority Funding to run a series of supported workshops, courses and placements in therapeutic outdoor environments for people experiencing mental health challenges.

Will Charitable Trust Funding to support delivery of the Supported Farming & Green Care project.

Woodroffe Benton Funding to run a series of supported workshops, courses and placements in therapeutic outdoor environments for people

Purposes of designated funds

Three month operational reserve

Designated funds comprises ring-fenced operational reserves equivalent to at least three months' 'running costs' or £75,000, whichever is the greater. In the event of the Farm needing to close, these funds could cover operational costs incurred while winding up the charity, including redundancy payments, relocation of the animals and professional fees. The calculation of essential running costs is based on core and central services and not time-specific projects including one-off capital investment.

Purposes of unrestricted funds

Capital fund

The capital fund represents the net book value of assets held. The majority of assets are funded from restricted grants which are transferred to unrestricted once the restriction has been discharged. This fund includes the Boiling Wells kitchen and the Connection Centre discharged from restricted funds on construction.

44

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

18. Movements in funds (continued)

Prior year comparative
Restricted funds
Amazon Comm Fridge
BCC - Climate & Eco
BCC - HAF
BCC - HAF Winter
Bristol Community Health Trust
D Oyly Carte Company
David Family Foundation
Enterprise Development Programme
Ernest Cook Trust
Finnis Scott
Hubbub Comm Fridge
Kickstart Training
The Lark Trust
National Benevolent Charity
National Lottery Community Fund
Nisbet Trust
Peter Sowerby
Portishead Nautical Trust
Quartet - Bristol Local Food Fund
Quartet - Rewild Child
Quartet - Social Action
Quartet - Stoke Park Friends
Royal Horticultural Society
Society of Merchant Venturers
Strong Foundations
University of Bristol
University of the West of England
West of England Combined Authority
Wesport
Western Power
Total restricted funds
BCC - Community Capital
BCC - Youth Sector Support
Power to Change Community
Business Renewal		 At 1 April
2022
£
5,000
-
-
-
-
5,000
8,879
-
-
-
14,951
7,500
3,000
2,828
-
-
-
-
4,341
-
4,000
-
-
-
-
10,777
-
-
-
-
-
-
-
66,276		 Income
£
-
2,500
4,963
2,105
2,201
-
19,520
6,000
3,000
25,820
14,951
-
(3,000)
4,500
3,500
10,000
10,000
15,000
-
1,500
14,000
960
5,000
4,991
3,000
15,500
2,000
2,000
1,330
8,325
14,000
12,693
2,424
208,783		 £
(5,000)
-
(4,963)
-
(2,201)
(5,000)
(16,899)
(6,000)
(3,000)
(26,575)
(14,951)
(7,500)
-
(7,328)
(3,500)
(10,000)
-
(4,000)
(4,341)
(1,500)
(18,000)
(960)
(2,000)
(4,991)
(3,000)
(25,985)
(2,000)
(2,000)
(494)
(8,325)
(14,000)
(12,693)
(2,424)
(219,630)
Expenditure		 £
£
-
-
-
2,500
-
-
-
2,105
-
-
-
-
-
11,500
-
-
-
-
-
(755)
-
14,951
-
-
-
-
-
-
-
-
-
-
-
10,000
-
11,000
-
-
-
-
-
-
-
-
-
3,000
-
-
-
-
-
292
-
-
-
-
-
836
-
-
-
-
-
-
-
-
-
55,429
At 31 March
2023
Transfers
between
funds &
gains /		 £
£
-
-
-
2,500
-
-
-
2,105
-
-
-
-
-
11,500
-
-
-
-
-
(755)
-
14,951
-
-
-
-
-
-
-
-
-
-
-
10,000
-
11,000
-
-
-
-
-
-
-
-
-
3,000
-
-
-
-
-
292
-
-
-
-
-
836
-
-
-
-
-
-
-
-
-
55,429
At 31 March
2023
Transfers
between
funds &
gains /
55,429

45

St. Werburghs City Farm

Notes to the financial statements

For the year ended 31 March 2024

18. Movements in funds (continued)

Total restricted funds
Designated funds:
Total designated funds
Capital fund
General funds
Total unrestricted funds
Total funds
Three month operational reserve
Estate infrastructure, farm fair and
grant bridging
Unrestricted funds		 66,276
90,236
30,000
120,236
352,367
59,655
532,258
598,534		 208,783
-
-
-
-
368,530
368,530
577,313		 (219,630)
-
-
-
(23,843)
(411,491)
(435,334)
(654,964)		 -
17,190
(30,000)
(12,810)
-
9,754
(3,056)
(3,056)		 55,429
107,426
-
107,426
328,524
26,448
462,398
517,827

19. Related party transactions

There were no related party transactions in the current or prior period.

46