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|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|
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||||||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|
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||||||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|
##
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|||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. ..|
##
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|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|
##
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||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||||
##
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##
||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|
##
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|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|
##
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##
||||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|
##
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##
|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|