| Chairman's Report. Ayear lthe no other |
|||
|---|---|---|---|
| Report ofthe Trastees | 2 | to | 11 |
| Independent Examiner's Report |
12 | ||
| Statement ofFinancial Actlvtttes | |||
| Statement ofFinancial Position | 14 | to | 15 |
| Notes tothe Financial Statements | 16 | to | 27 |
| DetaBed Statemeat ofFinancial Actbrttles | 28 | to | 29 |
| 31921 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fimd | fund | funds | funds | |||
| Notes | 5 | 8 | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 181,330 | 86P65 | 267,695 | 66,781 | |
| Charitable activities |
||||||
| Hreticulture Education~Partnership |
3g34 5&922 5&216 |
19,078 | 3434 25,000 5,216 |
6,731 74,704 78,737 |
||
| Other trading activities | 3 | 19&t41 | 250 | 20,191 | 52,834 | |
| Investment income |
4 | 24 | 24 | |||
| Total | 215,767 | 105,693 | 321,460 | 279,787 | ||
| ~ITURE ON | ||||||
| Raising funds | 13,820 | 3@96 | 17+16 | 24,869 | ||
| Charitable activities |
||||||
| Charitable activity |
152,766 | 38&786 | 1919552 | 230,211 | ||
| Total | 166,586 | 42,102 | 200,760 | 255,080 | ||
| NET INCOME | 49,101 | 63&511 | 112,692 | 24,707 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | fora&ard | 79,727 | 19&991 | 99,718 | 75,011 | |
| TOTAL FUNDS CARRIED FORWARD | 128,908 | 83,502 | 212~10 | 99,718 |
| STATEM | ENT OFFINANCIAL P 31MARCH 2021 |
OSITION | |
|---|---|---|---|
| 318.21 | 313L20 | ||
| Notes | g | ||
| FIXEDASSETS | |||
| Tangible assets | 3,024 | 5,794 | |
| CURRENT ASSETS | |||
| Biological Assets | 12 | 5,797 | 6,965 |
| Debtors | 13 | 5,019 | 37,157 |
| Cash at bank and in hand | 213,609 | 70,894 | |
| 224,425 | 115,016 | ||
| CREDITORS | |||
| Amounts falling due within one year |
14 | (15j039) | (21,092) |
| NET CURRENT ASSETS | 209386 | 93,924 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 212,410 | 99,718 | |
| NETASSETS | 212,410 | 99,718 | |
| FUNDS | 16 | ||
| Unrestricted fimds |
128ggg | 79,727 | |
| Restricted funds | 83,502 | 19,991 | |
| TOTAL FUNDS | 212,410 | 99,718 |
| 31.321 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| 2 | ||||||
| 89 rr27 | 34,629 | |||||
| 177,766 | 32,152 | |||||
| 267,695 | 66,781 | |||||
| Grants received, included | in the above, me as foBows: | |||||
| 31.321 | 31.3.20 | |||||
| 8 | ||||||
| Grants less than 55,000 | 2rt00 | 5,600 | ||||
| The Heritage Lottery | Comnmnity | Frmd | 32,100 | |||
| LBofTower Hamlets | 42,136 | |||||
| HMRC Job Retention | Scheme | 20,000 | ||||
| CAF Resilience Fund | 3M80 | |||||
| The Sun Newspaper | 50Years Readers Fund | 10,000 | ||||
| The Ince Gmup Charitable | Foundation | 5,450 | ||||
| Tower HiB Trust | 5,500 | |||||
| The WalreBeld and Tetley | Trust | 6,000 | ||||
| The London Community Response Fund |
1~00 | |||||
| The National Lottery | Comuamity | Fund | 26,552 | |||
| 177,766 | 32,152 | |||||
| 3. | OTHER TRADING | AC~ | ||||
| 319.21 f |
31,320 | |||||
| Horticultural activities and farm |
sales | 1,406 | 4,455 | |||
| Fundraising activities |
and | Events | lit(785 | 48,379 | ||
| 20,191 | 52,834 |
| FORTHE YEA | FORTHE YEA | RENDED 31MARCH | 2021 | |||
|---|---|---|---|---|---|---|
| 4. | INVESTMENT | INCOME | ||||
| 313.21 | 31.3.20 | |||||
| f | ||||||
| Deposit account | interest | 24 | ||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 31.321 | 31.3.20 | |||||
| Activity | f. | f | ||||
| Horticulture | 3@34 | 6,731 | ||||
| Education | 25,000 | 74,704 | ||||
| Corporate Partnership | 5r216 | 78,737 | ||||
| 33450 | 160,172 | |||||
| Grants received, | included | in the above, are | as follows: | |||
| 3L321 f |
31.3.20 f. |
|||||
| Grants less than | f5,000 | 2,500 | ||||
| Sales | 3,504 | 8,108 | ||||
| Contract Income | 9,800 | 55,367 | ||||
| Mobile Farm Filming and Appeaumces | 3,422 | 15,460 | ||||
| Corporate Psrtnerships | 5,216 | 78,737 | ||||
| Tower Hamlets | Holiday Fund | 2,443 | ||||
| Kitchen Social Project | 9,165 | |||||
| 33,550 | 160,172 | |||||
| 6. | NET INCOhtHhr(EXPENDITURE) | |||||
| Net incomel(expenditure) | is stated atter charging/(crediting): | |||||
| 313.21 f |
31.3.20 f |
|||||
| Depreciation - owned assets | 2,770 | 3,081 | ||||
| Independent Examiners Fees |
2,100 | 1,920 | ||||
| Page 20 | continued. .. |
| STAFFCOSTS | |||
|---|---|---|---|
| 31921 | 3L320 | ||
| 8 | 8 | ||
| Wages and salaries | 161,914 | 169,836 | |
| Other pension costs | 1,851 | 2,753 | |
| 163,765 | 172,589 | ||
| The average monthly number ofemployees | during the year was as follows: | ||
| 31321 | 31.3.20 | ||
| Full Time Equivalent | 7 | 7 | |
| Average Head Count | 13 | 13 | |
| 20 | 20 |
| No employees received emoluments in excess off60,000. |
No employees received emoluments in excess off60,000. |
No employees received emoluments in excess off60,000. |
No employees received emoluments in excess off60,000. |
||
|---|---|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | 2020 | ||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| INCOME | AND ENDOWMKFKS FROM | ||||
| Donations | and legacies | 33304 | 33,477 | 66,781 | |
| Charitable | activities | ||||
| Horticulture | 6,731 | 6,731 | |||
| Education | 72,204 | 2,500 | 74,704 | ||
| Corporate Partnership | 78,737 | 78,737 | |||
| Other trading activities | 52,834 | 52,834 | |||
| 243,810 | 35,977 | 279,787 |
| NOTES TOTHE FINANCIAL STATEMENTS -continued FORTHEYEARENDED 31MARCH 2021 |
NOTES TOTHE FINANCIAL STATEMENTS -continued FORTHEYEARENDED 31MARCH 2021 |
NOTES TOTHE FINANCIAL STATEMENTS -continued FORTHEYEARENDED 31MARCH 2021 |
NOTES TOTHE FINANCIAL STATEMENTS -continued FORTHEYEARENDED 31MARCH 2021 |
|
|---|---|---|---|---|
| 9. | COMPARATIVES FORTHE STATEMENT OFFINANCIAL AC11VITIKS2020-continued | |||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| 6 | ||||
| Raising funds | 21,742 | 3,127 | 24,869 | |
| Charitable activities |
||||
| Charitable activity |
171,581 | 58,630 | 230,211 | |
| Total | 193,323 | 61,757 | 255,080 | |
| NET INCOME/(EXPENDITURE) | 50,487 | (25,780) | 24,707 | |
| RECONCILIATION OFFUNDS | ||||
| Total funds brought forward | 29440 | 45,771 | 75,011 | |
| TOTAL FUNDS CARRIED FORWARD | 79,727 | 19,991 | 99,718 | |
| 10. | KEYMANAGEMENT PERSONNEL |
| FORTHE YEAREN | DED 31MARCH 2021 | |||
|---|---|---|---|---|
| 11, | TANGIBLE FIXEDASSETS | |||
| Fixtures | ||||
| and | ||||
| fittings | Totals | |||
| 6 | 6 | |||
| COST | ||||
| At l April 2020 and 31March 2021 | 330/79 | 34,474 | 365,053 | |
| DEPRECIATION | ||||
| At 1April 2020 Charge for year |
325P49 1~5 |
33310 1,165 |
359459 +770 |
|
| At 31March 2021 | 327,554 | 34J75 | 362,029 | |
| NET BOOKVALUE | ||||
| At31March 2021 | 3,025 | 3%024 | ||
| At31March 2020 | 4,630 | 1,164 | 5,794 | |
| 12. | BIOLOGICAL ASSETS | |||
| 31921 | 31.3,20 | |||
| 5 | ||||
| Farmyard animals |
5,797 | 6,965 | ||
| 13. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 313.21 | 31.3.20 | |||
| 6 | ||||
| Trade debtors | 3822 | 32,338 | ||
| Prcpayrnents | 1,697 | 4,194 | ||
| Accruals | 625 | |||
| 5,019 | 37,157 |
| CREDITORS: AMOUNTS PALLIN | G DUE WITHIN O | NE YEAR | ||
|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||
| Trade creditors | 3,121 | 7,030 | ||
| Social security and other taxes | 1,961 | |||
| Other creditors | 626 | 885 | ||
| Deferred income | 4,593 | 6,704 | ||
| Accrued expenses | 4,738 | 6,473 | ||
| 1@039 | 21,092 | |||
| ANALYSIS OFNETASSETSBETWEEN FUNDS | ||||
| 31931 | 31.3.20 | |||
| Unrestricted | Restricted | Total | Total | |
| fund | fund | funds | funds | |
| Fixed assets | 3,024 | 3/24 | 5,794 | |
| Current assets | 140+24 | 89+01 | 22~25 | 115,016 |
| Current liabilities | (15,040) | 1 | (15,039) | (21,092) |
| 128P0$83P02 | 212,410 | 99,718 | ||
| Analysis ofRestricted Funds cerned forward as at 31st | March 2021 | |||
| 31321 | 31.3.20 | |||
| f | ||||
| Education | 21+23 | 19,991 | ||
| Volunteering Farm |
711 60,077 |
|||
| Gardening | 791 | |||
| 83,502 | 19st91 |
| FORT | HE YEARENDED 31M | ARCH 2021 | |||||
|---|---|---|---|---|---|---|---|
| 16. | MOVEMENT | IN FUNDS | |||||
| Net | |||||||
| movement | At | ||||||
| At 1/4/20 | m funds | 31/3/21 | |||||
| Un~ | funds | ||||||
| General fund | 79,727 | 49,181 | 120P00 | ||||
| Restricted funds | |||||||
| Restricted | |||||||
| 19@91 | 63/11 | 03,502 | |||||
| 99,718 | 112,692 | 212,410 | |||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| 6 | 6 | 6 | |||||
| Unrestricted | funds | ||||||
| General fund | 215,767 | @66/86) | 49,181 | ||||
| Restricted funds | |||||||
| Restricted | |||||||
| 105,693 | (42,182) | 63/11 | |||||
| TOTAL FUNDS | 321rt60 | (208,7681 | 112,692 |
| Comparattves | for moveme | nt in funds |
|||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At I/4/19 | in funds | 31/3/20 | |||
| f | f | ||||
| Unrestricted | funds | ||||
| General fund | 29,240 | 50,487 | 79,727 | ||
| 45,771 | (25,780) | 19,991 | |||
| TOTAL FUNDS | 75,011 | 24,707 | 99,718 | ||
| Comparative | net movement | in funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resoulccs f |
expended f |
in funds | |||
| Unrestricted | funds | ||||
| General fund | 243,&10 | (193,323) | 50,487 | ||
| estricted Smds | |||||
| Restricted | |||||
| 35,977 | (61,757) | (25,780) | |||
| TOTAL FUNDS | 279,787 | (255,080) | 24,707 |
| FORTHEYEARENDED | 31MARCH 2021 | |
|---|---|---|
| 31.3.21 | 31.3.20 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Gifts | 2 | |
| Duustsons | 89827 | 34,629 |
| Grants | 177,766 | 32,152 |
| 267,695 | 66,781 | |
| Other trading activities Horticultural activities andfann sales |
Ir406 | 4,455 |
| Fundraising activities aml Events |
18,785 | 48,379 |
| 20,191 | 52,834 | |
| Investment income |
||
| Deposit account interest | 24 | |
| Charitable activities |
||
| Grants | 33,550 | 160,172 |
| Totalincoming resources |
321,460 | 279,787 |
| Raisiag doaations and legacies | ||
| Animal Wetfiue | 3Jl43 | 8,023 |
| Bedding &Feedstuff | 4,733 | 1,311 |
| Catering &Refiushments | 2,579 | 2,573 |
| Cleaning &Hygiene | 1,250 | 2,718 |
| Community &Fundrsising | 270 | 1,386 |
| Cost ofProduct for sale | 4,541 | 8,858 |
| 17,216 | 24,869 | |
| Charitable activities |
||
| Wages | 161,914 | 169,836 |
| Cerned forward | 161,914 | 169,836 |
| SPITALFIELDS FARM ASSOCIATION LIMITED | SPITALFIELDS FARM ASSOCIATION LIMITED | SPITALFIELDS FARM ASSOCIATION LIMITED | ||
|---|---|---|---|---|
| DETAILED STATEMENT OFFINANCIAL ACTIVITIES | ||||
| FORTHE YEAR ENDED 31MARCH 2021 | ||||
| 31.3.21 | 31.3.20 | |||
| 6 | ||||
| Charitable activities |
||||
| Brought forward | 161g14 | 169,836 | ||
| Pensions | 1/51 | 2,753 | ||
| 163,765 | 172,589 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 2,190 | 2,973 | ||
| Information | technology | |||
| Rates and water | 349 | 9,640 | ||
| Light and heat | 4,488 | 4,899 | ||
| Telephone | (752) | 1,122 | ||
| Postage snd stationcsy | 3,617 | 4,817 | ||
| Repairs and renewals | 10476 | 9,903 | ||
| Sundries | 1,118 | (2,862) | ||
| lT Software ILConsumables | (133) | 914 | ||
| Subscriptions | dt Publications | 1,059 | 833 | |
| 20,122 | 29,266 | |||
| Human resources | ||||
| Depreciation | oftangible Sxed | assets | 2,770 | 3,080 |
| Governance | costs | |||
| Accountancy | and legal fees | 605 | 1,082 | |
| independent Examiners Fees |
2,100 | 1,920 | ||
| Consultancy | 19,301 | |||
| 4705 | 22,303 | |||
| Total resources | expended | 208,768 | 255,080 | |
| Net lacome | 112,692 | 24,707 |