Charlty registratlon number 297937 (England and Wales}
Company registration number 2180488
GREEN PASTURES
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

GREEN PASTURES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustee$
Dr A Gill
Ms A Walker
Mr P Brown
Mr K Plank
Mrs P H Madeiros
Mrs J Adkins
MrSGWhrte
Mrs L Denyer
{Appoinled 23 January 20251
Secretary
Mr P J Brown
Charity number (England and Wales)
297937
Company number
2180488
Registered office
Green Pastures Christlan Nursing Home
Bath Road
Banbury
Oxfordshire
OX16 OTT
Audltor
Ellacotts Audll Servl¢es Limited
Countrywide House
23 West Bar
B8nbury
Oxfordshire
EngLqnd
OX16 9SA
Bankers
Lloyds Bank
12 High Street
Banbury
Oxfordshire

GREEN PASTURES
CONTENTS
Page
Trustee's report
ststemenl of trustee's responslbilities
Independent audltorfs report
Slalemenl of flnancjal activfÉies
10
Balance sheet
11
Slalemenl of cash flows
12
Notes lo the financial stat8menls
13-24

GREEN PASTURES
TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
FOR THE PERIOD ENDED 31 MARCH 2025
The Iruslees present their annual report and financial slalemenls for Ihe period ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies sel out In note 1 to the
financial statements and comply with the charitable company's governlng document. the Companies Act 2006 and
"Accounting and Reporting by Charities.. Slalemenl of Recommended Pr2clice applicable lo charities pteparing their
accounts in accordance with the Financial Reporting Standard applicab￿ in the UK 8nd Republic of Ireland IFRS
1021" (effective 1 January 20191.
Oblectives and activities
The objeGtlve of the charity Is lo relieve persons who are elderfy, ill, disabled or othemse in need of care by the
provision of a home Dr homes andlor care setvices situated in Banbury and the surrounding neighbourhood, njn on
Christian principles as laid down by the creed of the Evangelical Alllance. Green Pastures operates from a purpose
built 60 bed Nursing Home in Bath Road, Banbury opened In 2017.
Public benefi"1
The trustees have peid due regard to guidance iSSLJed by tre Charfty Cornmlssion in deciding whal acts'viues the
charitable company should undertake.
strategic report
The de5CliPtion under the headings "Achievements and performance" and 'Financial revlew" meet the cornpany law
requiremenls for the trustees to present a strategic Teport.
Achievements and perfomiance
REVIEW OF ACTIVITIES
The past year has been focused on fine-tuning our systems lo ensure they are effective across the business. This
Includes clinical documentation and managernenl administration. as well as ensuring auditing processds are
corieclly re(x)rded in every department. Thls process requiTed cooperation from every department, which was nol
always easy, but we achleved our objective. Thls was endorsed by a mock CQC Inspection conducted by a private
consultanl.
Our manager has continued to hold regular meetings with residents, families. Thbs practlce had been neglected
during COVID, bul the feedback has b8en excellent and has enabled u5 to be Tnore responslve to the residents,
requirerllenls.
We have ¢ontlnued lo Invest in our bullding refurbishing the atrium area,. providing new furniture and equipment. In
recognition of our wamer summers. we have installed alr cond1tioning in a further two lounges lor the comfort of our
residents.
The Ob'èctives Set at the be
innin
of the
ear wère a5 follows:
1. MaSntain high O￿UpancY levels.
2. Ensure the continued smooth running of the home through the experfenced management team Bnd staff.
providing the very best care for the residents.
3. Conduct regular audits of every department to maintain hlgh sland8rds required by CQC.
4. Maintain good cost contrDI lo establish a sound financial base lor ftjture developmenls.
5. Research the possibility of extending the wotk of Green Pastures by starting 8 domiciliary Gare operBtion,
as funding from lo¢al authorities is geared low8rds maintaining people in their own homes.
6. Conunue lo embrace dlgital recording of records lo reduce Pape￿ork.

GREEN PASTURES
TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
{CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
We continue lo have a good reputation in the community, both with PTivale ftjnders and Social Services. The
residents. ￿e1r families, and staff have enjoyed several social events during the year, with the highlight being the
Summer Garden Party.
We have maintslned an oxcellent Core of staff, totalling 117. Sponsorship recruitment has slowtsd ckjwn due lo
cential government policy.
As always, our Chris118n ethos means that God Is central lo all we do. hAornlng prayer is held every morning. and
regular services are held midweek and on Sundays, SUPPOrted by our team of chaplains.
FUNDRAISING ACTIVITIES
Fundraising typically represents a minor portion of the charity's incorne_ The charity does not em ￿0Y professional
fundraisers or participate in any voluntary schemes. Income is derived Irorn donations, legacie5, and a lirnited
number ol events organised maSnly for the residents, entertainment. There have been no complainis regarding
these activities.
VOLUNTEERS
All the Trustees are volunteeis, as is our senlor ¢h8plain. Twenty volunteefs in total help for a few houis 8 week in
the home.
Nine volunteers in Well Being, who engage in activities with the resbdenls.
Five volunteers do an excellent job in Ihe garden a5 a team.
Six volunteers help run Nostalgia Café, supporting Individuals wfth demenlla and their carers.
Financlal Tevlew
KEY FINANCIAL PERFORMANCE INDICATORS
Key Fin8ncial Performance Indicalors=
The occup8ncy level m81ntained an average o198Vo Ihroughoul the year, and 811 financi81 targets were
successfully aGhleved. The budgeted net surplus was £298,000, whlch was surpassed with a final figure of
£304,315.
The average fee level for the year was £1.E43. compared to a budgeted amount of £1,738. We maintsin
ongoing discussions wlth Oxfordshire County Council and Conllnuing Care regardlng the payment levels
they offer for individual care.
The team al Green Pastures Chtlslian Nursing Home successfully met their objectives, includlng reduryng
the trjtal agency bill lo £157,019 from £231,701 in Ihe previous year. Foi the fin8ncial year 2022-23. the
agency bill amounted lo £653,253, demonstrating effective cost managemenl.
The net surplus after interest for the year was £304.315, which exceeded our budgeted figure by lust over
£6,000.
The cash generated was used lo reduce the debt to Ihe bank lo £1,769,224.

GREEN PASTURES
TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
GOING CONCERN
At year-end. the ¢harity had net current liabllitles of £769,914. 11 took out a bu51ness loan of £4,494,000 ftom
Clydesdale & Yorkshire Bank (now trading as Virgin Moneyl in February 2018. yvilh an additional £131,000 added
on 21 sl February 2019 for the final build contract payment. As of year-end, £1,769,224 of these loans rem8ins
outstanding. The charity depends on ongoing support frorll Virgin Money, which intends to contlnue its support.
Based on this asses5menl. the trustees have de¢ided lo prepare the financlal statements using the going ¢J)ncern
ba51S.
PRINCIPAL RISKS AND UNCERTAINTIES
The Trustees have evaluated the Tllaln risks faclng the charity and are eonfidenl that measures are In place to
manage them. Risk management is central lo Green Pastures. annual financial plannlng.
The primary risk identified is a decrease in bed occupancy, whi¢h may lead to bwer fee income. Thls risk is
addressed through regul8r monitoring of occupancy levels and the implementstion of strict financial controls.
Another key risk for the charity involves compli8nce with employment leglslalion. The Iruslees wevlously subscribed
to Peninsula for support. bul have now rel8ined a solicitors. practice on a monthly basis lo assist these matters.
RESERVES POLICY
The charity maintains a poli¢y Ihat unreslricled funds. nol designated for speciflc purposes, should be kept at a level
equivalent to at least three months of staff salaries, approxitrately £975,000. This ensures that, in the event ol a
signifieanl reduction in funding, the Trustees can sustain the charity's ongoing aclivities while exploring strategies to
secure additional funds.
Total funds at the year end wore £7.100,506 12024.. £6,796.1911. Funds repres8nied by fixed assets less loans
secured on them totalled £6.213,55312024'. £6,078.0931. There was £2Q512024= nlll in Restricted Funds at the year
end.
Plans for future periods
FUTURE DEVELOPMENTS
Green Pastures is committed to conllnulng the prowslon of lon*lerm nursing care. Includlng dementia care for
elderly residents. and offering resplte care when beds are available.
Main Ob"ectives for
ear endln
March 2026..
1. Maintain high occupancy levels.
2. Our goal is lo maintain the efficient operatlon of the home through the expertise of our management team and
staff. providlng the highesl quality of care for the residents.
3. Continue lo perform regular audits of each department lo ensure compllance with CQC-required standards.
4. Maintain effective cost control and establish a stable firiancial foundation for future developments.
5. Investigate the potential for expandlng Green P8Stures' services by establishing a domi¢lllary care operation,
alignino with local authorities. funding priorilies lo support individuals in their homes.
6. Continue adopting digital record-keeping systems lo minlmize paperwork.
7. Provide ongoing encouragement and support for staff lo undertake additional trainbng, includbng mandatory and
NVQ qualificauons for carers, lo enhance their skills and effectiveness in their roles.
8. Offer advanced Iralning for nurses in PEG feeding techniques and enckof-life care, ensuring that all nurslng
sl#ff receive training under the Gold Standards Fratllework.

GREEN PASTURES
TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
ACKNOWLEDGEMENTS
Appieciation must go lo all the staff and volunteers who have worked together as a tearn throughout the year. The
results achieved have been by 811 of the le8m pulllng together. Who have delivered eKcellent care throughout th8
year.
Structure, governancè and managemènt
CONSTITUTION
The chari18ble company is registered as 8 charitable company limited by guarantee and was set up by a
Memorandum of Association on 19 October 1987.
The trustees. who are also the directors for the PUTpo$e of company law, and who served durbng the peTiod and up
lo the date of S￿nature of the firiancial statements were..
DrA GIII
MSA Walkei
Mr P Brown
Mr K Plank
Mis P H Madeiros
Mrs J Adkins
Mr S G White
Mrs L Denyer
(Appointed 23 January 20251
METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The directors of the charil8ble company (the charity) are its trustees fof the purposes of ¢harity law and throughout
this report a￿ collectively referred to as the trustees or the board. Ml trustees serve on a voluntary basls and are
committed Christians. No trustee recelves any remuneration for his or her services.
New Iruslees are recommended by currently serving trustees. They complete a writen applicallon, wovlde
chara¢ler references and have 8 DBS ¢heck. They a￿ interviewed by the chalr and one other trustee. If the Iwo
Iruslees recommend that the candidate becomes 8 board member this musl receive board approval. The
nominations are then brought forward lo the next Annual General Meeting for election by the members. Each year
two Iruslees retire in rotation bul aTe eligible for re*lection by the members.
Nc>ne of the trustees has any beneflrAal interest in the company. All of the trustees are members of the company and
guarantee lo Contribute £1 In the event of a windlng up.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The home is wn on a day-to-day basls by the Horne Manager. Ana Drobaltt. under the overall rnanagement ol Ihe
board of trustees. The managef is a Christian. The board met on a monihSy basis throughout the year and received
reports Iiom the manager at these meetings.
The home fflanager was the CQC Registered Manager of the Home. The Care Quality Commission {CQCI
Nominated Individu81 from 1 sl Aprll 2023 is Anna Walker. The home rnanager was responsible for ensuring that all
our resldenls were safe, that they received person-Genlred care that mel their needs and Ihat we were compliant
with GQC requir8menls. Also. the dinical staff supervision was delegated lo the Home Manager. The home
managei was responsible for ensuring that all invoices, fees and donations were accurately accounted for in the
monthly budget report lo the board and was responsible for all other aspec15 of running the home.
Our vision statement is fullness of life, gro￿ 8nd excellence. This vision sets out a preferred vi51on of the future
around which the home as an organisalion and the staff as individua15 orientate their de¢isions and practice. It
8lso reflects the heart of the board and management team that we seek to invest in the potential of each resident
and member of staff. This is an outworking of our belief that all human beings have equal value.

GREEN PASTURES
TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT
(CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
New Trustees undergo an indLJCtion to brief them on their legal obligations under charity and Company law, the
conlenl of the Memorandum and Artides ol Association. the decision-making process and ihe recent financial
performance of the charity. During the Inductlon they meet key employees and other Trustees.
PAY POLICY FOR SENIOR STAFF
The policy for the salary for the Home Manager was lo sel il al a level that would attract 8 senioY health
professional, ideally a nurse. with man8gemenl experience. lo the post. The Trustee5 look into attounl the salary
levels of home managers in other nursing homes and also salaries being offered for posts with similar
responsibiliues in the NHS. Other senioT fflan8gemenl team remuneralK)n is sel wlth reference to similar posts in
other nursing homes and charllies.
Auditor
In accordance with the ¢ompany's arti¢les, a resolution proposing that Ell8cotts Audit Seryices Llmited be
reappointed as auditor of the company will be pul al 8 General Meetlng.
Dlsclosure of infomiatlon to auditor
Each of the Itustees has conflrmed thal there is no informatlon of which Ihey are aware which Is relevant lo the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropfiale steps to
dentify such relevant informatlon and lo establish that the audffor is aware of such information.
The trust
s report, Including the slraleglc report. Was approved by the Board of Trustees.
Mr S G White
Trustee
D81e-.

GREEN PASTURES
STATEMENT OF TRUSTEE'S RESPONSIBILITIES
FOR THE PERIOD ENDED 31 MARCH 2025
The trustees. who are also the direclois of Green Pastures for the purpose of company law, are responsible for
preparing the Trustee's Report and the financial statemen15 in aecordance with applicable law and United Kingdom
Accounting Standards Iuniled Kingdom Generally Ac¢epted Accounting Pra¢licel.
Company law require5 the Irusleés lo prepare flnancial st8temenls for each fin8ncial period which glve 8 true and
fair view of the slate of affairs of the charitable company and of the incoming resources and appllc2lion of
resources, including the income and expenditure, ol the charitable comp8ny for Ihal period.
In preparing these financial ststements, the tiuslees are required to=
select suitable accotjnting policies and then apply them consislenUy-
observe the method5 and principles in the Charities SORP.,
make judgements and estimales that are reasonable and PTuiJent'.
stale whether applicable UK Accountlng Sland8rds have been followed, subject to any material departures
disclosed and explained in the financial slatemenls., and
prepare the financial statements on the going concern basis unless it is in8ppropii8te lo presume that the
chaiilable company will continue in operation.
The trustees are iesponsible for keeping adequate accounting reeords Ih8t disclose with reasonable a¢curacy at
any b.me the fin8ncial position of the charltable company and enable them lo ensure that the financial st8lemenls
comply with the Companies A¢1 2006. They are also responsible for safeguardlng the assets of the charitable
comp8ny and hence for taking reasonable steps for the prevention and detection of fraud and other irregularili8S.

GREEN PASTURES
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF GREEN PASTURES
Opinion
We have audlted the financial ststemenls of Green Pastures (the 'charilable comp8ny'l for the period ended 31
March 2025 which comprise the siatement of linan¢i81 acliv11ies, Ihe balance sheet, the slatemenl of cash flows and
noles to the financial 5t8temenls, including significant accounting policies. The financial reporting framework that
has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Rsporting Stsndard 102 The Finanoal Reporting Standard applicable in the UK and Republic of Ireland
{Unlled ￿'ngdoM Generally Accepled Accounting Practice).
In our opinlon, the ffnancial slalemenls:
give a true and fair view of the stale of the charitable companys affairs a5 al 31 M8rch 2025 and of its
incoming resources and application of resources, including ils income and expendllure, for the period then
ended..
have been propefly prep8red in accordance with United Kingdom Generally Accepted Accounting Practi￿..
and
have been prepared In accordance with the requirements of the CompanEs Act 2006.
Basis for opinion
We conducted our audit in accor(18nce with Inlernallonal Standards on Auditing IUKI (ISA5 IUKII and applicable
law. Our responslbilities under those standards are further described in the Auditors responsibilities for the audit ol
the financisl slelemsnts section of our report. We are Sndependenl ol the charitsble company in accordance wth the
ethical requirements that are relevant to our audit of the financial statements in th8 UK, including the FRC'S Ethical
Standard, 8nd we have fulfilled our other elhlcal responsibilities in accordance with these requirefnents_ We believe
that the audit evidence we have obtained Is sufficient and approprvate lo provide a basis for our ownion.
Conclusions relatlng to going ¢onceTn
In auditing the Iinancial statements, we have concluded that the trustee's use of the golng concem basis of
accounting in the preparation ol the financlal slalemenls is appropriate.
Based on the work we have perfomied, we have not identffied any material uncertainties relating lo events or
conditions that, individually or collectively, may cast signsficant doubt on the chariiable company's abllity lo continue
as a going concern for a period of at least twelve months from when the financial slalements are authori5ed for
issue.
Our responsibilities and the responslbllilies of the trLJslees with respect lo going concern are describe(J In the
relevant sections of Ihis report.
other information
The other information comprises the Inforrn81ion Induded in the annua1 report other than the fina￿la1 statements
and our audllorfs report Ihereon. The Iruslees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the olheT information and, except to the extent
othe￿iSe explicitly 51aled in our report, we do not express any form of assurance conclusion Ihereon. Our
responsibility is lo read the other Inform8tlon and, in doing so, consider whether the otheT inforfnalon is materially
inconsislenl with the financial slalements or our knowledge obtained in the course of the audit, or otherwise appears
lo be materially misslgted. If we identity such material inconslstencles or apparent material misslatemenls, we are
required to delermine whether this gives rise to a material misstalemenl In the f1nancial statements therllselves. If,
based on the work we have perforrned, we conclude th8l there is o material misstatement ol this oiher information,
we are required to report that fact.
We have nothing to report in this regard.

GREEN PASTURES
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF GREEN PASTURES
Opinions on other matter$ prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit-.
the infomation given in the Iruslee's report for the financS8l perrod for which the flnancial slalements are
prepared, which includes the directors, report and the strategic report prepar&1 for the purposes ol company
law, 15 consistent with the financial statements-, and
the strategic report and the directors, report included within the trustee's report have been prepafed in
ac￿rdanCe wrth applicable legal reqLJirements.
Matters on whlch we are required to report by exception
In the light of the knowledge and understanding of the charitable eompany and Its environment obtained in the
course of the audit. we have not Idenlrfied material misslalements in the slr8tegic report or the directors, report
included within the trustee'5 report.
We h8ve nothing lo report in fespecl of the following matters in relation lo which the Companies Act 2006 requires
us lo report lo you if. in our opinion..
adequate accounting records have not been kepl, or feturns adequate for our audit have not been received
from branches not visited by us., or
the finandal slalements are not Sn agreement with the acwunling records and returns: or
Certain dlsck)sures of trustees. remuneration specified by18w are not made., or
we have not re¢eived all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the slalement of trustee's responslbllities. the trustees, who are also the directors of the
charitable cornpany lor the purpose of company law. are responsible for the prepaiatlon of the financial statements
and for beino satisfied that they give a true and fair view. and fDr such internal control as the trustees determine is
necessary lo en8ble the preparation of financial slalements that are free from material misststemenL whether due
lo fraud or error. In preparing the financial 5ts1ements, the Iruslees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, rnatlers related to going concern 8nd
using the golng concern basis of accounting unles5 the tfuslees either intend to liquidate the charitable comp8ny or
lo cease operations. or have no realistic alternative bul lo do so.
Audltor's r¢sponsibilitles for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financlal stslements as a whole are tr&e from
material misstatement. whether due lo fraud or error. 8nd lo Issue an auditor's report that includes OUT opinion.
Reasonable assurance is a high level of assurance bul is not a guaranlee that an audit conducted in accordance
with ISAS IUKI wlll always delect a malerlal mlsstalement when il exists. Misstatements ¢an arlse from fraud OT
error and ale considered materi81 if. Individually or in the aggregate. they could reasonably be expected lo influence
the economic decisions ol users taken on the basis of these finanaal statements.
Irregularities, includ5ng fraud. are in518nces of non-compliance with laws and regulations. We design procedures In
Ilne with our responsibilities. outlined above, to delect Tnalerial misstalemenls in respect of irregularities, including
IraLsd. The extent to which OLJr procedures are cap8ble ol delecling irregularitles, induding fraud, is detailed below.
As part of an audit in 8ccordan¢e with ISAS IUK),we exercise professional judgment and malntain professlonal
s¢epli¢ism throughout the audit. We also performed the followng procedures..
Enquiry of management and those charged with governance around actual and potential liligation and claims.
Enquiry of entity staff in (x)mpliance functions to identify any instances of non-compliance with laws and
regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial slalemenl disclosures and lesling 10 Supporting documentation to assess compliance with
applicable laws and regulalions.
Auditing the risk of management override of Controls, Induding through testlng joumal enlrfes and other
adjustments for approprbatenpss, and evaluating the business rationale of significant transactions outside the
nomial course of bLJsiness.

GREEN PASTURES
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF GREEN PASTURES
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https-.11
www.fr¢.org.uklauditorsTesponsibililies. This description forms part of o(JT audilo¢s report.
Use ofour report
This report is made solely to the charitable company'5 members, as a b(yJy, In BCCOTd8nce wlth Chapter 3 of Part 16
of the Cornpanles Act 2006. Our audit work has been undertaken so that we might state lo the charilaile compBny's
members those mallers we are required lo stste to them in an auditOT'5 report and for no other purpose. To the
fullest extent permitted by law. we do not accept or assume responsibility lo anyone other than the charitable
company and Ihe charitable ¢ompany's members as a body, for our audit work, for this report, or lor the opinions we
have formed.
Leigh Dudlèy FCCA Ise
ior Statutory Auditor)
For and on behalf of Ellacotts Audit Services Limlled. Ststutory Auditor
Chartered Aceountanls
Countrywide House
23 Wesl Bar
Banbury
Oxfordshire
OX16 9SA
England
Dale..

GREEN PASTURES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 MARCH 2025
Unre$tri¢ted Restricted
funds
fLsnds
2025
2025
Total UnrestriGted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income and èndowments from:
Donatlons and legacies
Charitable activities
Inveslrnents
Other income
39,208
5,151,490
15.748
3,504
42.712
5,151,490
15,748
11.996
5,163,280
15,688
203,930
21,430
33,426
5,163,280
15,688
203,930
Total income
5,206,446
3.504 5,209,950
5,394.894
21,430 5,416,324
Expenditure on=
Charitable activities
4.902.336
3,299 4,905,635
4,760,344
21,430 4.781.774
Total expenditurè
4,902,336
3,299 4.905,635
4,760.344
21,430 4,781,774
Nel Income
304.110
205
304.315
634,550
634,550
Other rècognlsed
gain$ and losses=
Revaluation of tangible
fixed assets
589,834
589,834
Net movement in
funds
304,110
205
304,315
1.224.384
1,224.384
Reconciliation of fund5'.
Fund balances at 1 May 2024
6.796,191
6,796,191
5,571,807
5.571,807
Fund balan¢es at 31 March
2025
7,100,301
205 7.100,506
6,796,191
6.796,191
The statement of financial a¢Uvilles includes all galns and bsses fecognised in the perfod. All income and
expenditure derive from continuing aclivilies.

GREEN PASTURES
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note$
Flxed assets
Tangible assets
13
8,188,322
8,247.861
Currenl assets
SIDcks
Debtors
Cash at bank and in hand
14
15
2,426
110,627
793,360
2,582
342,510
455,018
906,413
800,110
Creditors.. amounts falling due within
one year
17
11,676,327)
1282.5761
Net current Illabllitièsllassets
1769,9141
517,534
Total assets less current Ilabllities
7.418,408
8,765.415
Creditors.. amounts falling due after
more than one ye•r
18
1317,902}
11,969,224)
Net assets
7.100,506
6,796,191
The funds of the charitable company
Reslricled income funds
Unrestricted funds
Unrestricted funds- revaluation
20
205
5,150,494
1.949,807
4.846,384
1,949,807
7.100,506
6,796,191
The financial stRtements were approved by the trustees on
JliJ2,:
pJo.
Mi P Brown
Trustee
Company 18gislratton number 2180488 (England and Wales)

GREEN PASTURES
STATEMENTOF CASH FLOWS
FOR THE PERIOD ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
C8sh generated trom operations
24
728,216
614,388
Investing actlvlties
Purchase of tangible fixed assets
Proceeds from disposal ol tangible fixed
assets
Investment income received
1135,7441
168.4801
12,6021
15,748
15,688
Net cash used in investing activitles
1122.5981
152,792)
Flnancing activltles
Repayment of bank loans
1267,2761
1463.5001
Net cash used In financing actlvities
1267,2761
1463.500}
Net increase in cash and cash equivalents
338,342
98,096
Cash and cash equivalents 8t beginning of period
455,018
356,922
Cash and cash equlvalents at end of period
793.360
455,018

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Ac¢ounting policies
Charity information
Green Pastures is a private company limited by guarantee incorporated in England and Wales. The registered
office is Green Pastures Christian Nursing Home, Bath Road. R8nbury, Oxfordshlre, OX16 DTT.
1.1 Reporting period
The annual finanaal 51alemenls cover an 11-monlh period from 1 May 2024 10 31 March 2025. This shorter
reporting period h8s been adopted lo align with the govemment's financial ye8r, which facilitates (ompli8n
wlth government funding reporting requirements. As a result, the comp8rative figures presented in the
financial statemenls1Sncluding the related nolesl are not enllrely comparabk.
1.2 Accounting convention
The financial statements have been prepared in accordance with the charitable ¢omp8ny's governing
docurnenl, the Companie5 Act 2006, FRS 102 "The Finan￿al Reporting Standard applicable in the UK aTh
Republic of Ireland" I'FRS 102,1 and the Charities SORP 'Accounting and Reporting by Charities.. Statement
of Recommended PraclS¢e applicable lo ¢harilies preparing their accounts in accordan￿ with the Financial
Rewrting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The
charitable company is a Publlc Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the ch8rllable company.
Monetary amounts in these financial slalernents are rounded lo the nearest £.
The financial statemen15 have been prepared undeT Ilie hlstDrical cost convention, modified to Include the
revaluation of freehold properties al falr value. The principal accounting policies adopted are sel out below.
1.3 Charitable funds
Unre51ricled funds are available for use al the discretion of the trustees in furtherance of their charitable
objectives.
Restricted fvnds are funds whbth are to be used in Bccordance with specific restrlctsons imposed by donors OT
which have been raised by the wmpany for particular purposes. The costs of raising and administering such
funds are charged against the specitic fund. The aim and use of the restricted fund is set out In the notes lo
the finandal slalemenls.
1.4 Income
Income is reco9ni88d when the charltable company is legally entitled lo il after any performan¢$ condltions
have been mel. the amounts can be measured reliably. and il is probable that income will be received.
Cash donations are reLX)gnised on receipt. Other donations are recognised once the charitable company ha5
been notified of the dongtion, unless perfomiance Conditions require defetral of the amount. Income 18X
recoverable In relation lo donations received under Gift Aid or deeds of covenant is reeognised at the time of
the donation.
Legacles are recognised on receSpt or otherwise if the charflable company ha5 been notlfied of an thpending
distribijtlon. the amount Is kr￿￿n, and receipt is expected. If the amount is not known, the legacy is treated as
a conlingenl asset.
Investment Income is recognlsed when receivable.
13-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
Accounting F>olicie$
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo 8
third party, 11 Is probable that a transfer of economic benefits will be required in setllemenL and the amount of
the obligation can be measured reliably.
Expenditure is dassified by advlty- The ￿$ts of each acilvity are made up of the lolal of dIr￿t Costs and
shared costs, includlng support costs involved in undertaking each aclivily. Direct costs attributable lo a single
activity are 8llocAled directly to that activity. Shared cos15 which contribute lo more than one acllvily and
support costs which are not atlribulable to a single 8Ctivily arts apportioned between those activities on a basis
consislenl with the usè of resources. Central $18ff costs are allocated on the basis of lime spent, and
depreciation charges are allocated on the portion ol the asset's use.
Support costs ale those costs incurred dlredy in support of expendlture on the objects of the cornpany.
Charitable activities and Govemance costs are costs Incurred on the company's operations, includlng support
Costs and costs relating lo the govemance of the company apportioned lo charitable aclivi118S.
1.6 Tangible fixed assets
Tangible fixed assets ale initially measured at C0518nd subseqLJently measured 8t CO51 or valualion. nel of
depre04atlon and any impairment losses.
Depreaalion is recognised so as lo write off the cost or valuation tsf assets less their residual values over their
useful lives on the following bases-
Land and bulldings
Fixtures, fittings and equipment
2%- 20% straight line
10% 50% straight line
The gain or loss arfslng on the dlsposal of an asset1s del8miined 8S the dlfference between the sale proceeds
and Ihe carrying value of the asset, and is recoonised in the 5tstement of financl81 activlties.
1.7 Impalrment of fixed asset5
Al each reporting end dale, the charitable company reviews the carrying amounts of ts tangible assets to
determine whether there is any indication that those assets have suffered an impalrment loss. If any such
indicatlon exlsls, the recoverable amount of Ihe a5sel is estimated in order lo determine the extent of the
impalrTnenl loss lif any).
1.8 stocks
stocks consists of Consumable items lo be used in the provision of services lo residents.
1.9 Cash and cash equivalents
Cash and cash equiv81enls include cash in hand, deposits held at call wllh banks, other short-term liquid
investments with original maturities of three months or le58, and bank overdrafts. Bank overdiafts are show
wthin borrowing5 in current liabilities.
14

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
Accounting poll¢ies
(Continued)
1.10 Flnancial instrument$
The charitable company has elected to apply the piovisions of Section 11 'Basic Fin8ncial Instruments. and
Seclion 12 '01hei Financial Inslrumenlslssues, of FRS 102 to all of ils financial instruments.
Financial instruments are Tecognised in the ch8rilable compansls balance sheet when the charitable company
becomes party lo the conlraclual provisions of the insliument
Financial assets and liabililles aTe offset, with the nel amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there Is an intention lo settle on a net
basls or lo realise the asset and settle the liability simultaneously.
Basic financial assets
Basic finanGS81 assets, which include debtors and cash and bank balances, are Initially measured al
transaction price includlng transactlon costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement conslilutes a financing transaction, where the transaction is
measured al the present v8lue of Ihe future receipts discounted al a market rate of interest. Financi818ssets
classified as receivable within on8 year are nol amort15ed.
Basic financlal liabilities
Basic linancial Ilabililies, Includlng creditors and bank loans are initially recognised al transaction price unless
the arr8ngemenl conslilutes a financing transaction. where the debt instrument is measur8d at the present
V8lue of the future payments discounted al a market rale of Interest. Financial liabilits.es classified as payable
within one year are not amortised.
Debt instruments are subsequenlty carried al 8mortised cost, using the effective interest rale method.
Trade credilots are obligations lo pay for goods or services that have been acqui18d in IhB ordinary course of
operations trom suppliers. Amounts payable are dassrfied as current liabilities if paymenl is due within one
year or less. If not, they 8re presented as non-currenl liabilities. Trade creditors are recognised initially al
transaction price and subseouenlly measured at amortlsed cost using the effective interest method.
Derecognition orrinan¢lal liabilities
Financial liabilities are derecognised when the charitable company's contractual obligations explre or are
dlstharged or ￿nCelled.
1.11 Employee benefits
The ¢osl of any unused holiday entitlement is recognSsed In the period In whl¢h the employee's setvices are
ieceived.
Termination benefits are recognised immediately as an expense when the charitable company Is
demonstrably committed to terminate the employment of an employee or to provide terminatlon benefits.
1.12 Retirement benefits
Paymen15 to defined contribution retlremenl benefit schemes are charged as an expense a5 they fall due.
15-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
Critical accounting estlmates and judgements
In the application of the charitable company's accountin9 poliues, the trustees are required lo make
judgements, estimates and assumptions about the carrying amount of assets and liabillties that are rKIt readily
apparent from other sources. The eslimales and 8ssocialed assumptions are based on hislofic81 experience
and other factors that are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlylng assumptions are re￿eWed on an ongoing basi5. Revisions to accountlng
esti￿aleS are reco9nised in the period in which the estimate is revised where the revision affe¢ts only that
peilod, or in the period of the revision and future periods where the revisi(>n affects both current and future
periods.
Crltical judgements
Revaluation of land and propèrty
The charity holds freehold land and property kjsed for eharilable purposes. The property is revalued every
three years by an independent. qualified valuer In accoidance with the Royal Institution of Chartered
Surveyors IRICSI Valuation
Global Standaids. In he intervening years, the trustees review the carrw'ng
value of the property lo assess whether there is any indication that the fair value may differ materially from the
catrying amount.
The decision lo adopt a Irlennial valuation policy requires crftlcal judgement. The Iruslees have considerert the
nature and use of the property, the stability of the property m8Tkel in which the charity operales. and the cost-
benefi't implications of more frequent valuations. B8sed on this assessment, the irustees believe that a three-
year valuation Cycle provides a reliable estimate of fair value without incurring unnecessary costs.
If there are significant d)8nges in market cond1tions or evidence of impaiment. an inteiim valuallon may b¢
undertaken.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restrfcted
funds
fund$
2024
2024
Totsl
2025
2024
Donalions and gifts
Grants
39,208
3,504
42,712
11,996
11,996
21,430
21,430
39.208
3,504
42,712
11,996
21,430
33,426
Government grants
Grants received totalled £O12024- £21,430). This is recognised as income within reslri¢ted funds.

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
In¢ome from charitable activitles
Unrestrlcted
funds
2025
Unrestricted
funds
2024
Dirèct carè of elderly resldents
Nurslng and dlrect care of elderly resldents
5.151,490
5,163,280
Income from inve$tment$
Unrèstrictèd Unrestrleted
lunds
funds
2025
2024
Bank interest receivable
15,748
15,688
other Income
Unrestrlcted Unrestricted
funds
funds
2025
2024
Other Income
203,930
There was no other income recognised during the period. In the prior year, other income included a one-off
refund of VAT from a supplier, which was considered non-recurrit7g and not related lo the charitable
company's core tradlng aclivilies.
17-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
Expendlture on charitable activities
Nursing and Nursing and
direct care
dirè¢t care
of èlderly
of elderly
residents
residents
2025
2024
Dlrect costs
Staff Costs
Other dlrecl tharitable expenditure
3,212,202
280,359
3,010,921
248.995
3,492,561
3.259,916
Share of support and governance costs Isee note Bl
Support
Governanc
1,383,360
29,714
1,490,599
31,259
4,905.635
4,781,774
Analysls by fund
Unrestricted funds
ReStr￿ted funds
4,902.336
3.299
4,760,344
21,430
4,905,635
4,781,774
Support costs allocated to activities
2025
2024
staff costs
Depreciatlon
RecrLJrf(ment
Staff uniforms
Rates and water
Insurance
Light and heal
Repairs and maintenance
P051age and statw)nery
Telephone
Enlert8inmenl
Other charitable expend((ure
Governance costs
591,649
197,905
12.489
5,246
18,878
26,127
176,088
85,389
11,714
7,855
14.760
235,260
29.714
576,808
228,826
37.532
6,497
18,895
23.822
175,305
102,722
10,484
8,020
6,093
295,595
31,259
1,413,074
1.521.858
Analysed between:
Nursing and direct care ol elderly resldents
1,413.074
1.521.858
18-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
Net movement In funds
2025
2024
The nel movement in funds is staled after chargingll¢redllingi'.
Fees payable for the audit of the charity's fin8n¢lal slalemenls
Depre￿Stion of owned tangible fixed assets
11,350
197.905
10,500
228.826
10 Trustses
None of the trusle&s lor any persons connected with them) Tec*lved any remuneratlon or benefits from the
charitable cornpany during the period12024- none).
During the year. no Trustees received any relmbursemenl of expenses12024 - none}.
11
Employèes
The average monthly number of empknyees durlng the perfod has been 18bled below.
2025
Number
2024
Number
Trained staff
Care as51stanls
Support staff
20
76
18
15
58
28
Total
114
101
Employment costs
2025
2024
Wages and salarfes
Soaal security costs
other pensK)n costs
3,413,496
310,998
79,357
3,238,077
271.759
77.893
3,803,851
3,587.729
Redundancy and termination payments lolalling £0 12024 £48,509) were rnade in the reporting period and
are included within wages and salaries.
The lolal remuneration pald to key managernenl personnel in the year was £328,29012024- £251.1691.
The number of employees whose annual remuneration w8s more than £60,000
is as follows..
202S
Number
2024
Number
£60,001 Lo £70,000
£70,001 to £80,000
£90.00110 £100,000
J9-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED
FOR THE PERIOD ENDED 31 MARCH 2025
11
Employees
(Continued)
Of the employees whose emoluments trxceed £60,000, 3 12024= 21 have reliretnenl benefits accruing under
e money purthase pension schemes.
12 Taxation
The charity is exernpl from taxatlon on Ils activIt￿S bg¢ause all ils income is applietl for charitsble purposes.
13 Tangible fixed assets
Land and
buildings
Flxture5.
fittings and
equipment
Trjtsl
Cost or valuation
Al 1 May 2024
Additions
Disposals
8,240.000
854,902 9.094,902
135.744
135.744
1141,9971 1141,9971
Al 31 March 2026
8,240,000
848,649 9.088,649
Depreciation and impairment
Al 1 May 2024
Depreuation charged in the perfod
Ellmlnaled In respect of disposals
125.407
131.816
721,614
847,021
66,089
197,905
1144.5991 1144,5991
Al 31 March 2025
257,223
643,104
900.327
Carrying amount
At 31 March 2025
7,982,777
205,545 8.188,322
AI 30 April 2024
8,114,593
133,288 8,247,881
Al 31 March 2025, h8d the revalued assets been carried al historic cost le&% accumulated depreciation and
accumulated impairment losses. their carrying amount would have been approximately £6,023,533 12024
£6,164,786).
All tangSble fixed a5se15 are used for charitable purposes.
The gross cost of land upon which depreciation Is not being provlded Is £1,050,00012024- £1,050,0001-
An extetrial valuation ol the freehold land and buildings was carried out by Christie & Co, Chartered Surveyors
on 1 August 2023. on the basis of market value with vacant possession.
Freèhold18nd and buildings with a carying amount of £7.982,777 have been pledged to secure borrowings of
the charlly. The charity is not allowed to pledge these assets as security for other borrowings or to sell them to
another entlty without the lenderfs perThission.
20-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
14 Stocks
2025
2024
Finished goods and gI￿lS for resale
2,426
2,582
15 Debtors
2025
2024
Amounts falllng due WFthln one year..
Trade debtors
Other deblors
Prepayments and accrued income
59,213
1,201
50,213
78,212
2,978
261,320
110.627
342,510
16 Loans and overdrafts
2025
2024
Bank loans
1,769,224
2,036,500
Payable wilhln one year
Payable after one year
1,451.322
317.902
67.276
1,969,224
A debenture dated 21 September 2011 created a fixed and float1ng charge over Green PBslures' assets and a
legal charge dated 21 March 2016 over18nd al Bath Road. B8nbLJry. Each was granted by Green Pastures in
favour ol Viigin Money. wilhoul limib'ng the generality of such leg81 charge of debenlLJre lo secLJie all sums due
lo Virgin Money.
A Business Loan was taken out in February 2018 tor a total of £4,494.000 frorn Virgin Money. A further
£131,000 was added lo this on 21 February 2019. £1,769,224 of these loans was still outstanding al the year-
end.
Interest pald on bank loans during the year amounted lo £118,377 {2024 - £161.6471 and Is Included within
expenditure on charitable activities.
17 Creditors: amounts falling due within one year
2025
2024
Notes
8ank loans
othei taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
16
1.451,322
75,423
54,221
1,247
94,114
67,276
71,853
37.983
1.816
103,648
1,676,327
282.576
21

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
18 Creditors: amounts f8lllng due after more than one year
2025
2024
Notes
Bank108ns
16
317,902
1,969.224
19 Retirement benefit schèmes
2025
2024
Defined contrlbution schemes
Charge to profit or loss in respect of defined contrlbullon schemes
79.357
77,893
The charitable company operates a defined contrfbulion pension scheme for all quglifylng employees. The
assets of the scheme are held separately from those of the charitable company in an independendy
adrninistered fund.
20 Restricted funds
The restricted ftjnds ol the ¢hafity comprise the unexpended balances of donations and grants held on trust
subject lo specrfic ¢ondllions by donors as lo how they may be used.
At 1 May 2024
Incoming
resources
Resources At 31 March
expended
202S
Staff fund
3.504
13,2991
205
Previous year..
At 1 May 2023
Incoming
resources
Resources
expended
At 30 April
2024
Workforce Recruilmenl and Retention Grant
Digltal Soclal Care Grant
11,230
10.200
111,2301
110,2001
21.430
121,4301
Workloree, Recrultmènt and Retention Grant
The Workforce. Recruilmenl and Retention Grant was also provided by the local authority lo fund expendllu
on recruiting and retraining staff lo with capacity pressurÈs. It is matched by equivalent expenditure for
addition81 overtime paid to staff, as agreed with the grant provider.
Digital Soclal Care Grant
The Digital Soaal Care Grant was provided by the local aulhoAty to provide financlal support lo purchase 8
digital sooial care record and support the implementation of the pijrchased system.
Staff Fund
During the year donations were made by the resldent's family lo lund expenses related lo staff apyeciation
for thDse caring for their loved one.
-22-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
21 Analy515 of net assets behveen funds
Unrestricted
funds
2025
Restricted
funds
2025
Total
202S
At 31 March 2025..
Tangible assets
Current assetsllliablliliesl
Long term li8billts-es
8,188.322
1770.1191
1317,9021
8,188,322
1769,9141
1317,9021
205
7,100,301
205
7,100.506
ijnrestricted
fvnds
2024
Rèstrlcted
funds
2024
Totsl
2024
At 30 April 2024..
Tangible assets
Current assetsllliabililies)
Long tsrm liabilities
8,247.881
517,534
11.969,2241
8,247,881
517,534
11.969,2241
6.796,191
6,796,191
22 Operating lease ¢ommitrnents
Le$see
Al the reportlng end date the charitable company had outslandlng commilrnents for future minimum lease
payments under non-cancellable operalirjg leases, which fall due a5 follows.-
2025
2024
Within one year
Between two and five year8
2,687
1,469
971
728
4,156
1,699
23 Related party tran$a¢tlon$
There were no disc5osable related party transactions during the period12024- none).
-23-

GREEN PASTURES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
24 Cash generated from operations
202S
2024
Surplus for the period
304,315
634,550
Adjustments for:
Inveslmelll income recognised in slalemenl of financlal activities
Depreciation and impairment of tangible fixed assets
115,7481
197,905
115,688}
228,826
Movement5 in working capltsl:
Decreasellincreasel in stocks
Decreasellin¢rea8el in debtors
Incre8sellde¢reasel in credltors
156
231.883
9,705
1751
{167.9921
165,2331
Cash genèrated from operations
728,216
614,388
25 Analysls of ¢hanges in net Idebtllfunds
At 1 May 2024
Cash flows Other non-cashAt 31 March 2026
changes
Cash at bank and In hand
455,018
338.342
793,360
Loans falling due within one year
Loans falling due after mre than one year
167,2761
11,969,224}
267,276
11.651,3221 11,451,322)
1.651.322
1317,9021
11.581,4821
605,618
1975,8641
-24-