SPJTALFIFLDSEs￿191B
ANNUAL flEfDfiT
OQ3-Q4
rr v
•Aty¢
Y*,
YEA
AT A GLANCE:
fA6E 3
EVIEW DF
THE YEAR:
rA6E 4
IIEPORT DF THE TRU8TEE8
AND FINANCIAL ETATENENT8:
rAGE QI

FDItEWt]RD
°IN SUCH A IIIVER8E
COMMUNITY AS TtIWEII
HAMLET8, IT IB DUII LDVE
AND AfpRECIATION DF
NATURE THAT UNITE8 U8
AND REMINDS US DF
tIUR COMMON HUMANITY."
Th•re 18 Plxtry thè
unexpected presenco of
aq£ioJlture in th• clty and
It heart leap to
ar anlmal crie8 In th18
enclave of especial value
for our wellbeing.
The Farm open to all,
residents and visltors
allke are welcome. In such
a diverse communlty as
Tower Hamlets, It is our
love and appreciation of
nature that unites us all
and remlnds u5 of our cornmon
humanlty. It is where we
go to cherish plants and
anlmals and recognI3e our
vital relationship wlth the
environment.
u£b•n ••tt&ng r eonn•ctlng
to trh• zural land8cap•
b•yond and ￿￿￿n￿ng u• of
th• ￿ld8 that w•r• h•r•
bèforè th• st￿t3 w•r•
b￿lt up.
Desplte the tower blocks
visible through the
greenery at Spltalfield?
City FarTr* It is nature
that prevails.
I love the City FanD
because it is the last field
in SpitalfieLds.
Here in Tower Hamlets,
we have among the smallest
proportlon 0£ qreen
space to resldents of any
metropolitan borough
which makes this verdant
The Gentle Author, 2024
8pitslfi•ld8li£•. Q+)Tr

tlull YEAtf AT A GLANCE
EIIUCATItIN
BQMNIINITY
INCOME AND EXPENDITllItE
TUTAL INBDME: £541.451
.Q75..,- EB.000._
All donatlons £187, 450
Grants £249, 225
Contract Income £20, 021
Shop sales £19, 234
Venue hlre £21, 930
All other Income £43,590
ODLf￿LB HAVE
BtLIE THIIIXIIJH UUII GATEE
BY TIE ElICK￿l IIUN CDMIIINITY
FIIIDIIAIBINE EVENT
TllTIL ExfENDITUIIE.. E3811.041
oo
OQ3-Q4
rno BIIID
HA8 CIEITED NtIllE GnllWING
AND ACt￿lLE IIA18EII FEJ
staf £ Salarles £266,"158
Site Irnprovements £22, 888
Anitnal Welfare excluding
f annyard staffing £13, 173
utilities and Insurance
£10, 092
All other expendlture
£79,120
HAVE Ar￿￿1 WEEKLY
2J
SATUIIDAY ￿&1148
WELLBEING
TOTAL FUN]18: £448.Q87
50
vixiiiiruB, IIITh
Htithl8 IUIIKED
VOLulif￿Tr ￿81[IN8 SIX JIAYB A
Y TEAN BHAu￿11E EIIUUPB IF
WEEK ANJI A BIIDAIEII llEID6RAnllC EoffrtHIATE VIIUNTUE
Unrestricted Funds
Ja
£347. 931
Restricted Funds £100, 366

CHAifi's MESSAGE
participants for whom making
connections Is a challenge.
The gardens and growing have
continued to be developed
over the last yeari improving
the space for all. Thè
setback of damage caused by
wlnter storms was approached
P031tively and a masslve team
effort has left the paddocks
in a much better position
for the anirftals and visitors
allke. We are excited to
contlnue to develop the sLte
In line wLth our master plan.
'THE FAIIN HAS CONTINUED TO EIIDW IN AN6ITItIN AND
IMPACT. IT'S WQNDEIIFUL TD HEAII 8TDRIES DF THE
rDSITIVE CHANGE THE FARM CIJNTINUES TD D&IVEII."
The Farrn continues to receive
f antastic support from
fundersi which Is a real
testarnent to the impact of
our Staff and volunteer3.
efforts. The local COUDCII
ha3 Lecognlsed the Farn's
irrgortance to the areal and
we are working with them to
unlock further investment In
the Farrn's accessibility and
f acllltles.
As th• Chalr 0£ th• Board
0£ TzuJt••¥ £or SpitalA•lda
Clty Farm, I am d•llqht•d
to shar• out progres8 and
aehl0v￿nt& ov•r th• paot
yèar. Our Journ•y ha8
bwn tyark•d by d￿cation,
r•A&li•no•, and a Bharod
to out
The expanded reach of our
educatlonal programmes has
been a real highlight thls
year as we contlnue to
develop partnershlps in our
comrnunity to ampllfy our
Impact. The educatlon team
have npnaged to broaden
thelr reach to a 3ignificant
null￿er of young people
In closlnqi l extend my
acros8 the corrmunLtyi whilst heartfelt gratitude to
also focusing on deeper
everyone who ha3 supported
engagement with specific
Your contributions are
groups in need.
vital to our success. With
youi helpi we will continue
to thrive and make a po¥itive
iLnpact. Let us work together
to create a brlghter future
for Spltalfields City Farm
and the corrmunlty It serves.
We owe our success to the
unwavering support of our
staf f team, volunteersi
donors, funders and
convnunity partners.
The anim￿18 have always been
a key part of the
playing an essential part
n our educational, well-
being and torfrnunlty-bulldlng
activities. Witnessing the
expansion of the animal
encounters prograllune
has been a real delight,
particularly hearing about
the impact this has on the
Through our focus on
edueatlon, we strive to
create connections wlth
nature to benefit people
and the envlronr￿nt. We
are growing a community
we want to be part of,
and irnproving people,
wellbeingr quality 0£ life
and life chances.
Thank yeu for your dedication
and support.
Neil Rodel, Chair of
Trustees.

FARM 8TftATEEY fftosftE88:
During 2021 we und•rtook & p•riod 0£ cOn8uIts￿tsTh with ouz 8ta£f, volunt￿# ￿)d
tru8tè•8, th• purpo8• of which was to cr•at• a Ahar•d vi•ion 0£ h¢)w ¢)ur city Farn
better serve the local ￿SItorS and 0th8r Btak•hold•rs: A coY(n
vision for whor• w• ar• qolnq baaad on •v•ryon• havinq a 8ay.
Our vi3lon is to croate a space for all, that empowers people to make positive
change to their livesi our collrfiunityr and the planet. We want to have an IY(9act in
three key areas: Education,. Cornunlty and Wellbeing. Three th•ma8 and pxlorits•8
within the strategy were Identified and we have made progress In the followlng areas:
LUEIVITY:
DDLUBllnATIDN:
E8IUENBE.
• I￿prOVed slgnage at
FarTfL entrance and on slte
for vlsltors, Including
slgnage translated Into
Bengali.
• Developed a varlety of
new partnerships with
SEN schools, prlmary and
secondary school?.
• Have Increased our
unrestrlcted reserves,
whlch wlll allow us
to make slgnificant
mprovements to
the Farm Site and
f acilities.
• New relatlonships
developed with a variety
of communlty partners to
provlde a greater number
of volunteerlng and
visitlng opportunltles
for local people.
• Cor(ff(&$sLoned external
report to revlew our
dlversltyi equallty and
incluslon, 18 actlons
identified to help us
improve In these areas.
• Have increased our
unrestrlcted reserves.
• Have undertaken a
benchmarklng exercise
to ensure our staf f
• Appointed a new dedicated • Developed new relation$hLPS
Volunteer & Cornmunity
with corporate partner3
Outreach Manager.
and deepened partnership3
with organisatlons we have
worked wlth over the past
few years.
salaries are cornparable
to sirftLlar sized
charlties.

EDUCATIDN
>￿
CIIEAfiNS ENV1RUNlfNT￿Ly
KNOlLE]IIH￿ AND ACTIDN-
DRIENTATED COMNUNITIEE
IHI] ME SIEWAIIDB FU
TIE FUTUIIE. BY riitlVlDINE
IN&PIIIINE EDUCATIDNIL
EX￿lENcEs.
Worked with 40 unique
schools
Provlded 170 hours of
cooking and healthy
eatlng workshops
Welcomed 2.275 school
children f or one-of f
visits
• Provided over 56 hours of
provision for chlldren
with special educational
needs.

EDUCATItIN
Th18 year, our •ducatlonal
o£f•ring continues to b•
popular, •Ap•elally ar(￿ng
pzimary •clxoola locally
and £roA vid•r IK4ndon
borouqh8. Il• hav• work•d
wLth ¢ur partn•r scJhool•
to d•liv•r ov•r 170 hour•
0£ work¥hops, a8 •rf•11 ••
56 hourA 0£ dodicated
pr*)￿￿10n £or SEND pJpll8
foz our n•iglthours £z¢xi
woodwork and cookery. We
are equally proud of our
connection with the Phoenlx
School, who bring work
experlence students to learn
about tasks on the Farm and
in the gardens.
playground vegetable beds
and harvested produce to
share with parents. Come
raln or shine the students
are happy to be out of the
classroom and show qreat
enthuslasm their learning
about the growlng plantsi
as well as the resident
wildlife. Thls year we
have grown peas, tomatoes,
sweetcorn, squa8hes•
chard, kale, beetroot
and broad beans.
Weekly sesslons eontinue
with our two closest primary
schools
Thomas Buxton
School and St. knne's &
Guardian Angel8. Throughout
the year the pupils at both
schools have tended to thelr
School. A• w•ll a8 th£•
hav• l•d Jchool cl&88••
xn gulded tour• frc￿ ov•r
40 8choolB - A￿anIng a
total 0£ 2,275 In￿vIdU
pupil3 hav• com• through
our gate8.
This year we have become a
partner for Tower Hamlets
Family Hubs servicei which
allows us to extend our
reach to families from
further into the borough,
and we have been pleased to
make contact with new users
for our holiday activities.
We have also established a
gardening group with rftothers
f rorn our neighbouring
primary school, to support
cross generational learning
at home.
We have strengthened
our partnership with
Pears Family School
alternative provislon f or
children who have been or
are at rlsk of exclusion
f rom mainstreaj)) education,
who visit to learn about
animal carei gardenlngl
an

EDUCATIDN: YOUNG fEtirLE
Th• £ocu3 of ¢)ur youth
provision for 23124 has
the scaling 0£ yout
Young Fazllwz8 ptogt•Thn•.
Due to gen•touB £undlng
from OVO w• w•r• Jblo to
build Cap•￿tY £or 20 young
p•cpl• to att•rA wè•kly
Saturday Wlth •
Jnixtur• of YOW￿ p•¢)pl• £rom
th• local ar•a and w*der
boroughs, ov•t an 8 Jllonth
p•r*od, 11 Young Fan*ra
hav• had th• oppoztunlty
to £ozag• ymaAhrocxu• In
Eppirw Forwt, Iwn how to
care £oz anlm•l• •nd brush
up on th•lr cooklnq and
woodworklnq •kall•.
W• hav• A••n cOr￿d4￿c•
gr¢>w, Altsnqsld•
£rx•ndBhipJ.
4t.
¥41
YF

EDIICATION: YDUNB fEofLE
YllUNB FAlfP
Aa•: do•8 It Jboan to
you to b• • younq faznwr?
"WHENEVEII I'N WALKING
THE DtINKEYS, EEPECIALLY
DEItEK tIR BAYLEAF AN]J
THEY 8TAftT PULLING...
YDU HAVE Tll TIIY ANII
FEEL IN CtINTIIDL AND
IT MAKES ME FEEL IN
c[INT￿DL tIF NY LIFE."
Over the past year we have
had a few young people who
have been school avoiders
and have attended Young
Farmers as part of a
reintegration plan back
into rnain3tream educatlon.
One particular case that
Ra•: Can you t•ll
has stood out is M. Prior
blt about on• 0£ tho ll￿ra
to starting wlth us M had
•njoyable mOJh*nt8 of ￿Ing
struggled to attend school a young £•zm•z
for 3 year8. During the
first months cf jo￿nIng
M: I meaTh.. whenever 11
Young Farmers M was very
walking the donkeys,
qulet and kept to themself. especlally Derek or Bayleaf
They would often say that
and they ?tart pulling... you
they dldnl t like talking
have to try and feel Ln
to people and wa3 very
control and It makes me feel Bae: Anythlng •lJ• you
¥oclally closed off . Below
In control of my Ilfe.
to t•ll u•
is a conversation with M
at the end of our final
sesslon before the summer
holidays.
It means quite a lot,
especially before I dldn, t
really have anything to
do so It kinda helps with
routine.
N: Sleeplnqi Ild probably
just be rotting In bed to
be honest.
Ila•: H•ve you £•lt or
nOtIc￿ any Chang￿ In
y¢ur••l£ slnc• gtart&ng.
M: Itls good to boost your
confidence and to just... It
help5 your mental health
if you're not In a good
place. Especlally if you
Ilke anirnals.
Ba•: How long h•v• you b••n M: I've definitely been
comlng to Younq Taz3u•r8•
happler here and more open.
Llke... I u3ed to be very
closed of f .
.but yeah.
M: About a year
During thelr time aB a
young farmer M was offered
place at Capel Manor
Agrlculture College and
completed their exarn8.
Throughout sesslons M has
supported the induction of
new Young Fanners and made
strong conneetions with
the other young people In
the group. They will be
oming back during the
M: It's really nicei all
surnner break to support
the people here are really Rae: Trlhat would you b• doing the farmyard staff with
friendly and I really like 1£ you •Mt•AI t co￿ng to
anillwl care In a self-
it here
dlrected capacity.
R4•: What nwd• you w4nt
to •tart?
Rae: Ilhat ffjurpri8e8 hav•
arisen from bolng a young
£az]￿r 1£ •ny
I really enjoy working
with animals and the
people here are amazing
M: I uspd to thlnk Ild be
terrlfied of chickens and I
didn't think I would be able
to piek them up.
Rae: Trlhat 13 your Overall
ii4>re88ion 0£ tha Fazm?
Pa•: but you can !

MEET THE EDUCATItIN MANAEEII
K118Tr1 JIMNE]18fiTALFIELD8 CITY FARM IN NAY ooga FIIDN A IItIE AT A ECHDtL IN HAMf8HIRE. IAKIIB
CARE tF UVEETDCK AND TEACHING TEENAIE ruriE ABtlllT ANINIL HUSBANDRY.
the Farm - especlally
ie we have a typlcal
British SUTfLmer ! Maklng
sure we are reach&ng
the children who could
r(Dst benefit from our
activltles a continuing
challenge.
Do you h•v• a £avouzlt•
I love the gulnea pig31
they all have their
dlf ferent personalltles.
I love to watch thelr
Interactions a8 a groupi
especially 3queaking
arguments at feedlng tlme.
Ar• th•r• any n•w
Froj•¢ts yould Ilk• to
t•ll us about?
What attsactsd you to
working ae • 8pitalfi•ld•
ty FaEill?
I really enjoy devislng
activ&tie8 for our
sw[￿er hollday programme
and rnaking connectlons
with our local prlrnary
schools. Delivering
guided tours Is always
fun and we get some
fantastic questions f rom
the chlldren.
We are refurb&Sh￿nq an
Indoor education space
for small school group3,
which I hope will be
like a miniature
Natural Hlstory Museum
wlth lots of objects
for chlldren to handle
and see up close.
Fostering excitement and
curloslty about plants
and creatures will
hopefully Inspire children
to grow into adults
who want to care f or
the environment.
I feel strongly that the
educatlonal opportunities
of a Farm are empowerlng
and I￿)0rtant. I was
excited to have the
chance to share these
experiences with children
and young people In East
London whose access to
green space is Ilmlted.
Ilhat 18 thè wst
chall￿gIng a8p•ct 0£
th• rol•?
Ilhat do y¢)u enjoy zrb)St
about working in th•
education d•paztll*nt?
The weather can affect
our plans, as we have
limited inside spaces on
io

EDUCATIDN: FAttMYARD
RarÈ Breeds success with
twin Castlemilk Moorit
Farrn. She had two claims
future proofing the Farm's
structures f or years
to come.
to f ame outside of
lambs born April 2023,
Rolo & Rosehip. Rosehlp
went on to wln Best
Castlemilk Lamb at the
Chertsey show.
the Farm
walking
over London Bridge
with Stephen Fry and
starrlng In the indie film
'Orbit Ever After, wlth
Desplte the loglstlcal
challenges of relying on
rental vans the farmyard
tearn delivered 28 Moblle
f arm8 Supporting:
Thomas Brody-sangster
as '3pace sheep nurther 11
November 2023 brought
sadness, as we said
goodbye to two of our
beloved sheep. Xatrlona
was 16 years old, and
was the gtart of our
successful flock of rare
The animal paddocks
suf f ered darnage durlng
the January 2024 storms
but the rebuilding cf
the fences has been a tearft
• li churches
• 13 prlmary schools
I secondary school
breed Castlemllk Moorit
Sheep. She is survived
by her daughters,
grandchlldren and even
her great granddaughter.
effort with help from
staf f , tarmyard, garden,
and team volunteers
takinq on the challenge of
learning new maintenance
$klllsi gaining confidence
wlth tools and tllachineryi
recycling much of the
original tiTnberi and
• 3 comrnunity events
The popularity of prlvate
Anirnal Encounters
al¥0 Increased, wlth
35 bookingsi engaging
dlrectly with over 100
new and regular vlsltor3.
Grace, 11, came to us Ln
2012 and was a much-
loved face around the
' 9I1KIFIEID
li

ctIMMUNITY
CnE4TIM5 A WELCDMINS 8fACE FtIR rEtirLE DF ILL CDMMui¥llEE TD TtIlEfHEII. CllLTiiifL
ai
AND LEMN.
12

OMMUNITY
We pr4)vide llMch n••d
gra•n 8pace locally and
a ara an intagral part
0£ the local coxrllnunity,
•tr•ngtheninq connecknon8
b•twa•n land, ￿z￿al3 and
po¢>pl• £oz more than 45
y￿ra. Thi• 4X>Jn•• With
numbor of chall•ngeB £or
•wall charlty.
our staff, volunteers and
visitors.
urgent need of repalrs and
to create new housing for
our 8mall animals.
Durlng 2023-24, success£ul
capital fundlng applicatlon3
have allowed us to rebuild
the crurnbling raised beds
in our cornunlty garden
space. Working to a design
created on a pro-bono basls
by local partners Spacehub,
the new beds have Increased
our growlng capacity and
have made the growing space8
more accesslble, especlally
for our volunteers. In
2024-25, we plan to build
two new glass houses,
undertake groundworks to
lrnprove accessibility for
visitors. We also have plans
to rebuild our stable block
on the farmyard, again In
We have re-built the
fencing for our anirnal
paddocks.
In 2020, Tower Hamlots
Council adv&sed us that
we had been nominated
to receive slgnlflcant
fundinq frorn The Local
Inf rastructure Fund ILIFI
to make other lrnprovementsi
notably to rebulld our
toilet facllltles. In 2022,
these funds were reduced
but the council have still
comitted to corpletlng the
works. Again, our hope is
that we can achleve this
In 2025.
The Farm site has suffered
fron a number ef years 0£
under investment and thls
has resulted In the need
for us to prloritise a
programme of improvement
works, scheduled to take
place over the next coupLe
of years. This will make
the Farrn slte safer and
result In a much nicer
worklng envlronrnent for
PROPOSAL
TC
WTr*IW41
EVllnMSG4trI1
¢4IDENIU￿w
PL4+APE
OFFKI
13

tIMMUNITY
In the 3urnmer, we held our
first sponsored comunlty
fundraising event. The
Chicken Runi a SK run was
held nearby Weavers
Flelds. Over IOQ staff,
familyp friends of the
Fano, vlsltors and aeveral
0£ our corporate volunteers
participated and we ralsed
over £8,000. Followlng the
run, we held a freÈ Spring
Fair at the FaThi open to
everyone f rom the local
comunity and beyond.
RCK IJW) R ::
Id+.
2E
'44-
lit
51
14
"19
14

WELLBEING
CWING AN EMVhlDNNENT Foll twll COMIlUNrrY Ttl PlllLII DN TIEllI sfRENBTh& EU THAT TOSEfiiER WE
AN ADThIE&8 IIRIATItIlS IM IEDfiEE llfpoRTUNITIEE Ftlll A IEILTHY L
ai
15

WELLBEING: VtLUNTEERING
volunteer• ar• th•
rely on their dadxeatxon,
foz the baautA£ul land
our volunt••r8 eontrlbut•
th•lr fr••ly £¢r th•
b•n•fit of th• F•rn •rAd th•
cc4Mwnlty that It 8•rv•8,
the valuo of thi8 tlm•
thank£ul to each and
one 0£ th•m. Slnc• th• Covld
19 parthio 8pltalA•ld• Clty
Tazm ha8 b••n £•cu•lnq on
th• iThpzov•d w•llb•ing of
Last year the Farm received
three years, funding from The
Lottery Reachlng Communlt&e3
programe, we wanted to use
thls Eundlng to broaden our
reach, Increase our delivery
of volunteer sessions and
create better links wlth
local services.
'IE HAVE INCREASED Dull VtLUNTEEII POOL AND NOW HAVE
So VDLUNTEER8 HELfiNE U8 TD CARE FDR THE FATIM."
anlmal carei tool use and
species ID.
We have made the appllcatlon
process more accessible for
people who do not speak
We continue to run the
Engllsh as a fLf3t language
hugely successful Icorlander
and have a dedicated
Club a weekly gardening
Volunteer manager in post to
session held in Bengall and
offer pastoral support to
English. Thls has enabled
exlstlng and new volunteers.
local Bengali women, who may We have created a Volunteer
otherwise be excluded due to
Pollcy to help ensure
language barriers to meet
fairness and conslstency
others, learn to propagate.
acros3 projects and areas
care for and harvest
so that decislons are
specialist South Asian
made based upon the same
vegetables.
principles.
Over the past year we have
ncrea3ed our volunteer
pool and now have 50
volunteers helping us to
care for the Farm. We run
volunteer ¥e?¥lons 6 days
a week and have broadened
the demographlc of our
volunteers, creating a
vibrant and diverse
comunity at the Farrn.
We celebrate Volunteer Week
annually to say thank you to
our volunteers and reinforce
how rmch they are valued. We
hold regular get togethers
for our volunteers and
offer In house training on
We have made new
connections with other
local organisations
who attend rnonthly to take
part in our therapeutic
gardenlng sesslons.
Our next goal is to
establish accredlted
learning at the Farrn,"
delivering af f ordable
courses in Horticulture
and Growing.
16

MEET A VOLUNTEEII: NAOMI
new skill set in a team
with a misslon I felt
passionately about.
Ilh•t haB been a hlghlight
£or you at th• Fazm?
So many highllghts I
Meeting people with
hared values, making
f riendsi getting more
activel learning new
skills* engaqing with the
publici Holmes! And more
recently the opportunity
to get Involved wlth th
corporate volunteerlng
sesslons.
Would you r•eoryw
volunt••ring at SCF to
oth•r•?
bsolutely. There.
something f or everyone,
and Ursula {our Volunteer
Manager) does an amazlng
Job maklng everyone
feel welcome and
supported, no matter
their abilities.
How lonq hav• you b••A
volunt••rlng •t th• Fani?
afternoon, and engaging
with the visitors. Plus any to you.
other ad hoc requests I
10 rnonths, one day a week
Often the highlight of rrLy
weekl an oasls of ealm,
real connections, and an
opportunity to give back.
Why you want to
Nbat doe8 your rolè
I retlred from the NHS in
June 2022, and was looking
f or something completely
dif f erent, but still
public facingi Wlth the
opportunlty to learn a
Helping wlth the dally
feeding and mucking out
of farln animals In the
morningi seasonal jobs
in the garden in the
YOU U8• to desczlbe
Oasis. Enriching. Famlly.
17

WEILBEING: EfltlWlNE
Our fantaBtsc growing
•ta££ continu• to rÈw]age
our outdoor spaces to h•lp
our t•am of volunt••t•
Co-opi as well as local
restaurant3• Including
St John based locally.
We also continue to host a
weekly group funded by the
East London NHS Foundation
Trust. Gardening for Health
is a group-based project
for local Bengali women
who experience chronic
pain within the context of
reduced mobilltyi Other
physical health conditions
and emotlonal dlstress.
The project aims to
re-engage wornen to thelr
ab11&t￿e3 by connecting
wlth nature and belng
amongst other women who
have slmllar experiences
and dLfficulties.
dev•lop th•ir ski118 In
£¢)od growlnq and to holp
th• Farlll grow • br(>￿ rang•
••&•on￿ Ibw*rA, h•rb•,
rult, and vty•t•bl••,
8p•cial £ocu• on h•titag•
varletles and South Asian
produ￿, 8ueh •8 kodu,
amaranth. Indlan aplnach
and chlllle8. .
Throuqh our ever popular
Coriander Club, we have
been able to contLnue
delivering weekLy wellbeing
sessions held in Sylhetl
to encourage women from
the local Bengali cornmunlty
to attend the Farm. The
regular club mernbers feel
that volunteering at the
Farm has a nunber of
P08Itlve benefits on both
their physical and mental
well-belng.
Our produce 19 sold In our
on2lte Farni shop and to
st Hilda's East End Food
11
18

ELLBEIN5: VOLUNTEEII TEAM CHAILENEES
YEAR AT A UNE£
This year, we hosted 160
Tearn Challenge groups
with 2, 108 indlvLduals,
who gave a comblned total
of 7.753 hours work to
rnaintain the Farm.
paddock fencing after it
was damaged In a winter
storm and finally coJnpleted
The Lodge in memory of
our former colleague
and Team Challenges
Co-ordinator Emlly.
Previously nlcknamed
The Beautiful Shed,
thls Izorres8lve wooden
structure Is now belng
used for delivering
educatlon workshops.
Total Volunteers
2,108
• Total Hours worked
7,753
A5 well as daily
farnyard and gardenlng
tasksi our corporate
volunteers supported
us with the beginnings
of our extensive site
renovations. Thls
included taklng down our
yurt and constructing
large ral3ed growlng beds
as part of our gardens
redeveloprnent. We rebuilt
our donkey and goat
Total Teams
160
We have forrned strong
relationships with many
of the companies we work
with and thelr practlcal
and financial support
is integral helplng
us provide a safe and
welcoming space to our
cornmunity.
We also gratefully
recelved grants from SEI
and Nuveen to lay the
foundatlons for two new
small anlmal enclosures
on the f armyard.
IP
19

MEET ONE DF tlllll COllPDIIATES: ANTAIIES
ki
"P03t Covld we were looking
T•am Chall•ng• D•y wlth
for charitable activitie8
u• baek in 2022 and
for our colleagues to take
n•tantly hlt it off I
part in locally. The Farm
Th•y'v• b••n bAck nultspl• was appeallng to us due to
tamèa slnca and their
the team building element,
volwit••rs ar• alway•
as well as the bonus of It
r•li•bly hardworklnqi
beLng outdoors and away
•nthusla8tsc al￿ £ull 0£
from screen51 which 18
a change from our usual
working environment.
work, and most Importantly
fulfllllng. Tasks have
varied f rom weedingi
sweeplngi and palntingi
using tools to fix or break
things down, harveatlng
llowers, amd rnore.
The sessLon3 provide a
rltness boost fot our
colleagues and encourages
them to bond wlth those
that they do not usually
speak to, whilst also
providing support for
such an iJnportant
initiative.
Louise Welch, Operations
Manager at Antares,
tells us about their
experience doing
Team Challenges at
the Farm.
We have been to the Farm
three tlmes now and have
a fourth day booked. We
have always found the days
to be engagingp fun, hard
20

EfDRT I]F THE T￿ll￿TEE8 AND
FINANCIAL STATEMENTS Ftlll THE YEAR ENDED 31 NAIICH
I I l L
aai
••¥
21

SPITALFIELDS FAIIM ASStIClATIDN LIMITED
ItEfDRT DF THE TRU8TEE8 FDR THE YEAR ENDED 31 MAItCH QOQ4
Th• trustees who aré al80
dlrector3 of the ch￿ltY
£or the puzp0808 0£ th•
Aet 2006, present
th•ir raport with th•
fjrlancial 8tat•m*nt• 0£
th• Charity £er th• y•ar
•nded 31 march 2024. Th•
trusto•J hav• adoptad the
prov13lonJ 0£ Accountlng
and R•portlng by Chazitie8:
stat•m•nt 0£ R•comnendad
Pzactlc• applicabl• to
¢harxti•8 pr•paring th•lr
accounts in accordanc•
the Financial Raporting
standard appllcabl• In th•
UK and R•publlc 0£ Ir•lw
(FBS 102) (•ffactlva I
January 2019) .
n&￿￿TIvES AND AETIVrnE8
have due regard to public
benefit guidance published by
the Charities ComThlssion in
deterruning the activities
undertaken by the Charlty.
OBJEcfivES AND AIDIS
The principal actlvlty of
the charity in the year
under review was that of
running an Inner-clty farr
for the benefit of the
inhabitants of Spltalfields
and the 3urrounding
neighbourhood by utilisinq
its facilltles to provide
education and volunteerinq
activities for the
8ThATEBIB IIMT
CHARITABLE AufIvITIES
Thank3 to the hard work of
the Farm's passionate and
dedicated staff team• and
our wonderful volunteers and
Trustees, the Farm continued
an extraordinary range of
charLtable and corrtmunlty
efforts this year, reachlng
many people f rom dlverse
groups in the local community
and more widely.
corro))unlty.
PUBLIC BENEFIT
The Trustees conflrm that
they have complied wlth
the duty in section 4 of
the Charlties Act 2006 to
22

ItErtiitT Iir THE TRUSTEES FDn THE YEAR ENIIED 31 MAIICH QOQ4
BIRATEIIC IIErnIT
The Childhood Trust
Community Fund (Reaching
Cornmunities England)
London City Farms &
Corranunity Gardens
Association
Intult,. IPS Capltal,. IQUW
Groupi ISG Construction," ISS
Facilities UK," ITV,. Janus
Henderson Investors.. JLL,.
Klevu UK Ltd,. Law Business
Research,. Liberty Global
Groupi
Liberty Speclallty
Markets,. Lockton," Man Group
Ivla ELBA) ," McKesson," Natura,"
Natwest,. Nomurai
Nuveen,.
Olayan,. OVO,. P&G," Peel Hunt,.
Pew Trusts. Flck Everard,.
Frovidence,. Royal London
Asset Management. RSM UK,.
RSSB,. SallFolnt,' Salesf orce,.
Searchlight Capltal Partners,.
SEI,. Shoplfy,, SMBC Europ&.
Standard Chartered,. Texel
Foundatlon. Turley Assoclates
Ltd,. Unlted Talent Agencyi
Vantage Fower,. Vengrove,"
Watershed,. Weightmans LLP,"
Worshipf ul Comp of Actuarles,.
Yuml Brand.
RESULTS FOR THE YEAR
The result for the year
ended 31 March 2024 was a
surplus of £149, 410
12023: surplus £62, 7121
Canary t*harf Group
• ovo Foundation
• Nuveen
• Nineveh Trust
Total income tor the year
amounted to £541, 451
12023: £406,002)
Thank you to the companies
who either attended our
team challenge volunteering
programe in personi or who
supported the Farm by nHkLng
donations or pre-paid for
future volunteering days.
Total expendlture for the
year was £392, 041
12023: £343,290)
ABN AMRO Bank,. Accenture..
Addleshaw Goddard,. Agendl,.
AIG Life," Alix Partner31
Allen & Overyi Alteryx.
IA million Ads Ltdl," Antares
Global Mgt Ltd,. Apollo Mgt
Int Ltd,. AppsFlyer UK Ltd,.
Ares Management,. Ashurst
LLP,. Aspen Insurance," Aviva
Investors,. AXA Investment
Managers j Baker McKenzlei
Bank of England,. Beat
Capital: Beazleyl BlackRock,.
Bloomreach,. Blue Feather8,"
Bristow Consultingi
Certinia •
CFC Underwriting
Ltd.. Chainalysls.. Chaucer
Group•
Chubb,. City of
London. CME Group* Calumbia
Threadneedle Investments *
Coniqi Credit Suisse,"
Cromwell Hospital. Dropbox,"
Dual Groupi Equistone,"
Factset," Flywire Payments
Ltd,. FNZ," FSCS," Fullcirl.
Gallagher.. Hea¢knx,' Heap.
Helical,. HLB,. HLK,. ICMM,.
The Farm's funds at 31
March 2024 amounted to
£448,297 12023: £298, 8871
of which £347, 931 12023:
£146, 7511 was unrestrlcted
funds and £100,366 12023:
£152, 1361 was restricted.
Special thanks to the East
London Business Alliance
IELBAI
dcnat•d to our 3ucca88£ul
' Ch•llpion• foz Childr•n'
r)nlln• £undralBlng callgalgn:
dtoppd colnJ into our
donatlon boxes; U8•d the
contactl•88 donation W&c￿ne.
C¢￿trIbut*d vla payroll
qlvlng,. hold a chlldz•nl
party oz an ev•nt at tha
FINANCIAL BEVIEW
Thank you to the following
for providing us with a
grant or donation during the
past year:
• The City Brldge Foundation
Jack Petchey Foundation
Tower Hill Trust
• Wakefield + Tetley Trust
• Worshipf ul Cornpany of
Horner, s
The Woolmen, s Cornpany
INVESTMENTS
The Farm does not hold any
investments.
23

ttEfoRT OF THE TRUSTEES Foft THE VEAII ENDED 31 MARCH QOQ4
nErDKr
RESERVES POLICY
RESERVES POLICY
Set aslde for future operating costs
Set a8lde for future redundancy costs
£196, 000
£30, 000
Unrestrlcted reserves
at March 31 2024 were
£347, 931 12023: £146,751>
The trustees conslder
t prudent to hold
unrestricted reserves of
approximately 6 months of
operating costs to cover
the unexpected 1088 0
major Incorne sources plus a
continqency for cost8 whlch
could be Incurred In the
case of unexpected closure
of the Farm. The balance of
the unrestrlcted reserves
has been allocated between
Investlng for the future:
Collunltted funding for rebuilding of Farm stables
£10, DOO
Other capital projects Isee below)
Revenue projects (see belowl
£70, 000
£40, 000
£346, 000
CAPITAL PRQJEcr3
Indoor educatlon space to
provide a warm space for
Schools In colder n￿nthS
• Farm van to more easily
enable mobile farm and
In 2021 we developed
a new strategy which
presents a vision for the
Farm and our 8ervlces
for the perlod 2022 to
2025. It outllnes our
aimsi objectives and
prioritie3. It was the
culmination of a period
cf consultatlon wlth our
staf f , volunteers and
trustees durlng 2021, the
purpose 0£ whlch wa8 to
create a shared vision
of how our clty farm can
better serve the local
Con￿nUnityI V15Itor3 and
other stakeholders:
common vision for where
we are going based on
everyone having a say.
capltal and revenue projects
to further the Farm's
charitable obJectlve3.
outreach work
New children's play
equipment
• Improvements to farmyard
area.
• Inll)rovements to Farm, 3
toilet facilities.
• Van running costs
Additional staf f resources
f or educatlon dellvery
Resources to encourage
wildlife on the Farrn
• staf f welfare
24

REfoiiT DF THE TItUSTEES FOR THE YEAII ENDED 31 MARCH QOQ4
BTRIICTUIIE, BtIVERNANrE
ANII MANAIKIENT
Farrn with regard to all
financial operations.
seriÈs of written policles
PZCRUIIIIENT AND APPOIIYITrJINT has been adopted and Is
OF 14EW TRUSTEES
in operation to govern
operational nHtters.
partie3 that required
dLsclosure.
The Farm was a rnen￿er of
the following organisations
as this was considered
The Directors of the
Charity Ithe Board of
Trusteesl are usually
appolnted from resident8 or
persons workinq withln the
Borough of Tower Hamlets
or the Clty of London.
Tru3tee3 are expected to
take a particular Lnterest
in a speclfic area of the
Farrn, 8 activitles and/
or to have a relevant
beneficial to achieving our
objectlves:
ORGANISATION AIID BIPORTING
AT THE
Rare Breeds Survival Trust,.
East London Business
Farm operations and
strategy are overseen
by the Chief Executive.
Individual Managers
over8ee the Farm, s
Alliance,. Social Farms &
Gardensft London Youth,.
Volunteer Centre Tower
Harnlets j Tower Hamlets
Council for Voluntary
Services.
projects and actLvitLes,
eporting to the Chief
Executive.
prof essional expertise.
REMUIQRATION POLICY
The Trustees meet monthly
with the Chief Executive
and one or more staff
member31 on a rotatLonal
basis. Trustees reserve
the flnal decision on major
capital expenditure and
strategic decisions.
Governance Is undertaken by
means of Monthly Trustee
Board Meetings at whlch
reports are presented for
discussion and declslons
taken on the various
All staf f salaries
including key staff
are reviewed annually
as part of the Farm's
Remuneration policy. The
Chlef Executive, s appraisal
is conducted by the Chair
of Trustees. The Board of
Trustees recently undertook
a corrLprehenslve revlew and
benchmarking analysis of
all salaries for parity
across the staff roles and
pay levels.
aspects of the Farm's work
together with the latest
financlal Inf ormation,
health and safetyi
saf eguarding matters and
other governance Issues.
system of internal controls
18 In operation at the
iyfHER CHARITIES AIID
REL4TED PARTIES
There wère no
relatlonships between
the charity and related
25

ErtlftT tIF THE TRUSTEES FtIR THE YEAII ENDED 31 MARCH llOg4
8TIIUCTUIE EDVEIINANfE
ANII IIANAEEMENT
The Farm utilised a risk
register to review and
monitr)r varlous operational
risks. The Fartn has systems
to give early waining
of financial ¥hortf alls,
and regularly reviews
its oporatlng pollcles.
The Farm maintains
good contact with the
necessary governmental
departments on animal
husbandryi regulatlons
and restrictions, liaises
extensively with the
local councll's health and
¥afety officer8, and has
conducted a comprehenslve
revlew of Its washing
facilitiesi fire safety
pollcy and inf ormation
boardslwarning signs.
In the opinion of thÈ
Trustees, the Farm has
established resources and
review systems which.
under normal conditionsi
should allow the risks
identified by thern to
be mitigated to an
acceptable level in its
day-to-day operation3.
The Board has examined
the prlncipal areas of
the Farm's operations and
considered the major r&sks
whlch may arise in a nurnber
of key areas:
The Risk Register Is
reviewed at trustee
• Governance
• Legal
• Health & Safety
• Safeguarding
• Finance
• staffing
• Volunteers
• Site
• Technology
• Prlvacy & Data Protection
rneetings on a six-monthly
basis.
26

EfDRT tF THE TRUSTEES Fllff THE YEAII ENDED 31 NAIICH QtV24
BWTUIIE. IIDVEftNANCE
AND IIANAGEMENT
TRUSTEES
Mr A Patel BA (Honsl,
BFP, FCA
Prestons & Jacksons
Partnership LLP
364
368 Cranbrook Road
Trustees, vrfho are also
dizectors under COT(gany
law, who sezv•d during th•
y•ar and up to th• d•t•
0£ thi• zoport w•r•
£ollow8:
ADMtNISTRkTIVE DETAILS
Registered Company nurnber
02021898 (England and
Wales)
Ilford
Essex IG2 6HY
Neil Stuart Rodel
Chair
Alexander Michael Davidson
Registered Charity nuntser
299536
Secretary
Kathryn Mallett
Appointed 22nd January
2024
Mlchael Richard Woods
Prestons & Jacksons
Treasurer
Partnership LLP were
appolnted as Independent
examiners to the charitable
cornpany during the year.
Reglstered office
Buxton Street
EI SAR
Momotaz Begum
Alix E H Jackson
9th September 2024
Catalina Mastac
4th February 2024
Graham Thomas Morqan
Resigned 21st June 2024
Zoe E Leadley-meade
Resigned 26th March 2024
Arnaya Jasmin Wang
Resiqned 26th February 2024
Appointed Report of the trustees•
incorporating a 3trateglc
report, approved by order
of the board of trustees,
as the company directofsi
on 12.11.2024 and Signed on
the board, s behalf by:
Appointed
Chair of Trustees
Alexander Mlchael DavLd50n
Chiaf Ex•outiv• Offic•r
Philip Nichols
27

INDEfENDENT EXAMINER'8 ttEfDRT Ttl THE TRUSTEES
OF 8PITALFIELDS FARM AS8tIClATlllN LIMITED
INDEfEN1￿ EXANINEJIE
IIEfoftT Ttl TIE IIIUBTEEB tF
EUIS FAIIM A&UIAT
UNITED ITIE CtINfANr]
Charity CornTnission under
Section 145151 Ibl of the
2011 Act.
the accounts qive a true
and fair view which is
not a matter considered
as part of an Independent
exarninatlon. or
I report to the charity
trustees on my examLnatLon
of the accounts of the
4 the accounts have not
been prepared in
accordance with the
methods and principles
of the Statement of
Recorrmended Practlce
for accounting and
reporting by charities
lappllcable to charitie
preparing their account8
in accordance wlth the
Financial Reporting
Standard appllcable In
che UK and Republic of
Ireland IFRS 10211
Slnce your charity's gros
income exceeded £250, 000
your examiner must be a
rnellber of a listed body.
I can confirm that I am
quallfied to undertake the
examination because l am a
member of the Inst&tute of
Chartered Accountants
8ngland and Walesi which is
one of the Ilsted bodles.
Company for the year ended
31 March 2024.
BESPONSIBILITIES AIID BASIS
OF REFORT
AS the charity's trustees
of the Company land also
its directors for the
purposes of cornpany lawl
you are responsible for
the preparatlon of the
accounts in accordance with
the requirements of the
Companies Act 2006 (' the
2006 Act, I
I have completed my
examination. I confirm chat
no matters have come to my
attention in connection with I have no concerns and
the exarnination giving me
have come across no other
cause to belleve:
matters in connection
with the examination to
whLch attentlon should be
drawn in this report in
order to enable a proper
understanding of the
accounts to be reached.
Having satlsfied myself
that the accounts ot the
Cornpany are not requlred
to be audited under Part
16 of the 2006 Act and are
eligible for independent
examination
I report
respect of rny examination of
your charity's accounts as
carrled out under Section
145 of the Charities Act
l acceuntlng records were
not kept In respect of the
Company as requlred by
Sectlon 386 of the 2006
Act,. or
2 the accounts do not
accord with those records,"
Mt A Pat•1 Bk (Hon•),
or
Pzes
ns & Jackson8
3 the accounts do not
Partnership LLP
conFly with the accounting 364 - 368 Ctanbrook Re￿1
requirements of Sectlon
Ilf¢>td. Eaaex IG2 6HY
396 of the 2006 Act other
than any requiremÈnt that
2011 1.the 2011 Act, I
carrying out my examination
I have f ollowed the
In
Directions given by the
Date: 12.11.2024
28

STATEMENT DF FINANCIAL ACTIVITIES
IINcoRfoffATING AN INCDME ANII ExfENIIITUIIE ACCllUNTI
FDIt THE YEAR ENDED 31 MARCH QOQ4
Unrestricted Restricted
fund
fund
31.3.24
31.3.23
Total £unds Total funds
Notes
Donations and legacies
199,317
240,093
439, 410
198, 351
Charitable aCt£￿tl•S
HorticultuIe
Education
19,234
30,428
24,Q25
19,234
31,761
24,025
13,853
36,435
135, 874
1,333
Team Challenges
other trading activitie8
Investment Income
21,931
5,090
21,931
5,090
20, 540
949
Total
300, 025
241,426
541,451
406,002
Raising tunds
23,182
13,285
36,467
27,860
CHARITABIE AufIvITIE8
Charitable actlvlty
127,258
228,316
355, 574
315, 430
Total
150, 440
241,601
392, 041
343,290
NET IIICCblE/ (EXPENDITURE)
Transf ers between funds
149,585
51.595
(175)
151,595)
149,410
62,712
19
N•t mov•m•nt ￿ £unda
201, 180
(51, 770)
149,410
62,712
BECONCILIATICX4 OF FUNDS
Total funds brought forward
146,751
152, 136
298,887
236, 175
347, 931
100,366
448,297
298, 887
The notes forJn part of these f￿anCIal statements
29

8TATEMENT DF FINANCIAL Pt]SlTlllN
31 MARCH QOQ4
Notes
31.3.24
31.3.23
FIXED ASSETS
Tangible assets
14
30,119
BiologLcal Assets
Debtors
Cash at bank and Ln hand
15
16
5,900
25,122
436,057
5,240
14,453
313,281
467,079
332,974
Amounts falling due within
one year
17
(48,901>
134,0871
NIT CURI￿ ASSETS
418, 178
298,887
LIABILITIES
448,297
298,887
NIT ASSETS
448,297
298,887
19
Unrestrlcted funds
Restricted f unds
347, 931
100.366
146,751
152,136
448.297
298,887
The charitable company Is
entitled to Èxemptlon trom
audlt under Se¢tlon 477 of
the Companies Act 2006 for
the year ended 31 March 2024.
ensuring that the
charitable company keeps
accountlng records that
cornply with Sections 386
and 387 of the Cor(panles
Act 2006 and
b preparlng financial
statements which give a
true and fair view of the
state of affairs of the
charitable company as at
thÈ end of each financial
year and of its surplus or
deficit for each financial
year in accordance with
the requirements of
Sections 394 and 395 and
whlch otherwise comply with
the requirements of the
Companles Act 2006 relating
to financial staterAents, so
far as appllcable to the
charitable company.
The rnernbers have not
required the co￿LpanY to
obtain an audit of its
financlal statements for the
year ended 31 March 2024 in
accordance with Section 476
of the Cornpanies Act 2006.
The tinancial statements were
approved by the Board ot
Trustees and authorised for
issue on 12.11.2024 and were
signÈd on &ts behalf by:
The trustees acknowledge
their responsibilities for
LIidif ur L fubEeeb
The notes form ￿tt of these financial statements
30

STATEMENT DF CASH FLOW8
FDR THE YEAR ENDED 31 MARCH QOQ4
31.3.24
31.3.23
Notes
Caah Ilows from operating
Cash generated from
operat&ons
148,837
49,963
Charltabla activiti••
NeL cash provided by
eperatlng activities
148,837
49, 963
Cash £low• fz¢)m invostlnq
aetlvltl•8
Purchase of tangible fixed
assets
(31,151)
5,090
Interest received
949
Net cash (used in) /provided
by Inve5tlng activities
{26,061)
949
Chang• In ca•h •nd ca•h
•quzval•nt8 In th• r•portlng
p•riod
122,776
50,912
C•Bh and cash •qulval•nt8
at th• b•ginnlng 0£ th•
r•portlng p•rlod
313.281
262,369
Caah and cash •quival•nts
at th• •nd 0£ the
r•portLng p•riod
436,057
313,281
The notes fonn part of these financial statements
31

Nt]TES TD THE STATEMENT tIF CASH FLDWS
FOR THE YEAR ENIIE]I 31 MAItCH QOQ4
I BECONCILIATION OF NET INCCME TO NET CASH FL(M FR(*1 OPERATING AcfIvITIES
31.3.24
31.3.23
N•t Inc￿ for th• r•prtkng p•rl¢
(as p•z th• 5tatan•nt 0£ Tlnanclal
149,410
62, 712
djustm•nt• for:
Depreciation charges
Interest received
Ilncrease l /decrease in blologlcal
assets
1,032
(5,090)
19491
355
(660)
(10.669)
14,814
Increase In debtors
Increase/ Idecreasel In creditor
15,0501
17, 1051
N•t cash providéd by *)p•ratlon•
148,837
49,963
2 ANALYSIS OF CHAN￿8 IN NET FL7NDS
At 31.3.23
Cash flow
At 31.3.24
Net caah
Cash at bank and In hand
313,281
122,776
436,057
313,281
122, 776
436,057
Total
313,281
122, 776
436,057
The notes form part of these financial statements
32

NtITES Ttl THE FINANCIAL STATEMENTS
FDII THE YEAII ENDED 31 MAItCH QOQ4
1. ILcDuKnNE fDiJfiE8
wlth the char&tles SORP
I FRS1021 , general volunteer
tirne is not recognised.
BASIS OF PREPARING TH
All income is recognised In
the Statement of Flnanclal
FINANCIAL STATE￿I￿r8
Activities once the charity
has entitlement to the
On receipt, donated
professi.onal services and
donated facllltles are
recognised on the basis
of the value of the gift
to the charltable company
which is the amount the
The financial statements of
the charitable companyi
which is a public benefit
entlty under FRS 102, have
been prepared in accordance
with the Charities SORP
IFRS 1021 'Accounting and
Reporting by Charities:
Statement of Reco[t￿Iended
Practlce applLcable to
charities preparing their
accounts in accordance with
the Financial Report&ng
Standard applicable in the
UK and Republlc of Ireland
IFRS 1021 lef fective
l January 20191
Financial
Reporting Standard 102
' The Financial Reporting
Standard applicable in the
UK and Republic of Ireland,
and the Companies Aet 2006.
The flnanclal statements
have been prepared under
the historical cost
convention.
funds, It Is probable that
the income will be received
and the amount can be
measured reliably.
Donations are recognised
when the charlty has been
notified in writing of both
the amount and settlement
date. In the event that
charitable company would
have been wllling to pay
to obtaln 8ervlces or
f acLlltles of equlvalent
economlc benefit on the open
market; a correspondlng
arnount Is then recognlsed
Ln expendlture In the
period of receipt.
donation is subject to
conditlons that require a
level of performance before
the charlty Ls entltled
to the funds, the incoroe
is deferred and not
recognlsed untll elther
those conditions are fully
rnet, or the fulfilment of
those condition 13 wholly
within the control of the
eharlty and Is probable
that those conditions
wlll be fulfilled In the
reporting perlod.
Llabilities are recognised
as expenditure as soon
as there Is a leqal or
constructive obligation
eonunitting the charity to
that expenditurei It is
probable that a transfer
of econotTrlc benefits wlll
be required in settlement
and the amount of the
obligation can be rneasured
reliably. Expenditure
Is accounted for on an
Donated prof essional
¥ervices and donated
f acilities are recognised
as Income when the
charitable company has
control over the item,
any conditions associated
with the donated item have
The Farm's work continues
to attract endorsernent
through attendance of their
events, proqrammes and
sponsorships grants and/ or
donations. From the financial
accruals basis and has
been classified under
headings that aggregate
all cost related to the
posltlon, the Board 18
comfortable that the Farn
is a viable going concern.
been met, the receipt of
economic benefit from the
use by the charitable
cornpany of the iteini IS
probable and the oconomic
benefit can be llLea3ured
reliably. In accordance
category. Where costs
cannot be directly
attributed to particular
headings they have been
allocated to activities
cn a basis consistent
with the use of resources.
As a result of this, the
accounts have been prepared
on a going concern basis.
33

NOT&8 Ttl THE FINANCIAL STATEMENTS FOR THE YEAR ENIIED 31 NAIICM QOU. CONTINUED
ALU)CATION OF BUPPORT COSTS TAXATIC
those of the charitable
cornpany in an independently
administered fund.
Pension costs Charged in
the financial statements
represent the contribution
payable by the charitable
company during the year.
Support costs are those
functions that assist the
work of the charltable
cojnpany but do not directly
undertake charitable
activities. These costs
have been allocated between
C03t of raising funds and
expenditure on charitable
activitles on the following
basis:
The charity is exempt from
corporation tax on its
charLtable actlvlties.
Unrestricted funds can be
used in accordance with the DONATED GOODS AND SERVICES
haritable objectives at the
discretion of the trustees.
Donated professional
services and donated
facllltles are recognised
as income when the
charltable company has
control over the itemi
any condltLons associated
wlth the donated item
have been met, the recelpt
of econemic beneflt from
the use by the charitable
cornpany of the Item,
probable and the economic
benefit. can be measured
reliably. In accordance
with the charitles
SORP I FRS1021 , general
volunteer tlme Is not
recognlsed.
Restrlcted funds can only
be used for partlcular
restrlcted purposes within
the objects of the charlty.
Restrlctlons arise when
specified by th8 donor or
when funds are ralsed
for particular restricted
purposes.
• Ralslng Eljnds
141
• Charltable Activities
86.OPo
TANGIBLE FIXED ASSETS
Depreciatlon Is provlded at
the following annual rates
n order to write off each
asset ovet Its estlmated
useful Ilfe.
Further explanation of
the nature and purpose of
each fund is included in
the notes to the financlal
statements.
Improvements to property
IO* on cost
Iterns ot equipment are
capltalised where the
purchase price exceeds
£500. Depreciation costs
are allocated to activities
according to the percentage
used for support costs.
PENSICtI COSTS AklD OTHER
FOST-RETIIIDSENT BENEFITS
on receipt, donated
The charitable company
professional servLces
operates a defined
and donated facilities
contrlbution pension scheme.
are recognised on the
Contributions payable to the basis of the value of the
charitable company. s pension
gift to the charitable
cheme are charged to the
company which Is the amount
statement of Financial
the charitable conpany
Activities in the period to
would have been willing to
which they relate.
pay to obtain services or
facilities of equivalent
economic benefit on the open
market.. a corresponding
an￿Unt is then recognised
in expenditure in the
period of receipt.
BlOI￿1cAL ASSETS
Biological assets are
valued at the lower of
cost and net realisable
value. af ter rnaking due
allowance for obsolete and
slow moving items.
The charitable company
operates a defined
contribution pension scherne.
The assets of the scheme
are held separately frorn
34

NOTES TD THE FINANCIAL STATEMENTS THE YEAII ENIIEII 31 NAftCH IDNTINUED
at call with financial
Instltutions, and other
Short-term highly liquLd
nvestments that mature
debt instrument Is rneasured
at the ptesent value of the
suture payments discounted
at a rnarket rate of
interest. Such instruments
are subsequently carried at
amortised cost uslng the
ef f ective interest method,
less and irnpairrnent.
Basic financial asset8,
includlng trade and other
debtors, are initially
recognised at transaction
price, unless the
arrangement constitutes a
financing transaction, where
the transactlon 1$ measured
at the present value
of the future receipts
dlscounted at a market rate CREDITORS
of interest. Such assets
are subsequently carried at
arnortised cost u3inq the
ef fective interest rnethod,
le8s any ImpaLrment.
n no rnore than three
rnonths frorn the date of
acquisition and that are
readily convertible to
known arnounts of cash
with insignificant rlsk of
change in value.
flNANCIAL IN8TRilblENTS
The company only enters
Into basic financial
instiurnents transactions
that result in the
Basic financial liabilitie31
ncludlng trade and other
creditor3, loan¥ f rom
third parties and loans
frorn related partles,
are initially recognlsed
at transaction pricei
unless the arrangement
constitutes a financing
tran3actlon. where the
recognition of financial
a¥sets and liablllties like
trade and other debtors and
credltors, loans from banks
and other third parties,
loans to related parties
and inve3trnents In non-
CASH AND CASH EQUIVALENT8
Cash and cash equlvalent$
are represented by cash
In hand, deposits held
puttable ordinary shares.
35

NtITES Ttl THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH ￿094. BDNTINUED
. IIONATIDN3 ANII LEWIES
31.3.24
31.3.23
Donations
Grants
188, 934
250.476
46,098
152,253
439, 410
198, 351
Grants recelved, Included In the above
are as £ollows:
31.3.24
31.3.23
Grants less than £5, 000
Allen & Overy Foundation
LB of Tower Hamlets
Mayors f or London
Garfield Weston
Jack Petchey Foundatlon
Tower Hill Trust
10,382
1,250
2, 500
4,000
500
20,000
15,660
4,600
3,750
58,397
17,617
863
Wakefield & Tetley Trust
The Natlonal Lottery Conrnunity F)Jnd
EasL- End Communjty Foundation
The Horners Charity Fund
Groundwork London
Greater London Authority
The Clty Bridge Trust
Reachlng CoTrllThunities Herbal Hldal
Tesco corr￿UnitY Fund
Chapman Charitable Trust
Department of Education
London City Farms & Cor(munity Gardens As3ociatlon
Nuveen Comunity Grant
Quartet Comunity Foundation
Water Conservation Trust
Big Ideas
Canary Wharf Group Young Farmers Programme
City University
Nlneveh Trust
OVQ Foundation
SEI Investments
Tower Hill Trust Beautiful Shed
28,882
10,000
5,000
5,000
8,906
6,865
37, 500
9,750
10,000
1,000
1,000
500
50,000
3,886
14,776
250
444
750
2,500
25,201
4,000
25,000
5,000
7,000
250,476
152,253
36

NtITE8 Ttl THE FINANCIAL STATEMENTS FllR lliE YEAII ENIIED 31 MAftCH QOQIL ioiifiNUEII
3. DIIEII TRADIIB ACTIVITIE8
31.3.24
31.3.23
Fundraising activities and Events
21.931
20,540
IIVEETVENT IICDNE
31.3.24
31.3.23
Depos&t account interest
5,090
949
5. INCtIME FIIUM CHAI11T￿E ACTIVITIE8
31.3.24
31.3.23
Actlvity:
Horticulture
Education
Team Challenges
19,234
31,761
24,025
13,853
36,435
135, 874
75,020
186, 162
Inc¢The received, Included In the above,
is as follows:
31,3,24
31.3.23
Grants less than £5,000
Sale8
1,250
16,070
20, 828
12,140
135, 874
20,363
20,522
io,iio
24,025
Contract Income
Mobile Farm FilThing and Appearances
Team Challenges
75,020
186, 162
8. IIAISINS FLND8
31.3.24
31.3.23
Animal Welf are
Bedding & Feedstuff
Catering & Ref reshments
Cleaning & Hygiene
CorDmunlty & Fundraising
Cost of Product for sale
3,734
5,941
445
3,886
470
21,641
4,233
5,186
1,169
3,239
13. 192
36,117
27.019
37

NOTE8 Ttl THE FINANCIAL STATEMENTS TIE YEAR ENDED 31 NARCH QOQ4. BDKtINIED
6. ffAISING FUND8 c￿T￿
31.3.24
31.3.23
Other tra￿ng actsvitieB
Bad debts
350
841
Aggregate amounts
36,467
27, 860
7. CHARITrPLE ABnvrriES CDSTB
Support
costs Isee
note 81
Direct
costs
Totals
Charitable activity
273, 366
82,208
355, 574
, Eurruirr ctlBT8
Other
Overhead
Other
Support
costs
Governance
Finance
costs
costs
Totals
Charitable activity
2,726
38,642
1,032
39,808
82,208
8. IEf INClllfJtErnJJrruiO
Net incoTre/ l expenditure) is stated af ter
charging/ Icreditingl
31.3.24
31.3.23
Depreciatlon
Independent Examlners, Fees
owned assets
1.032
2,200
2,200
38

NllTE8 Ttl THE FINANCIAL STATEMENTS TIE YEAR ENDEII 31 MARCH gOll4. CllNTINUED
10. TIlUsT￿ fiEMUIEffAtIlll AND BW[3
There were no trustees, remuneration or other benefits for thé year ended 31 March 2024
nor for the year ended 31 March 2023.
TRUSTEES, EXPEtISES
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
11. KtPFF CQStE
31.3.24
31.3.23
Wages and salarie3
other pension costs
256,620
4,480
230,201
3,164
261,100
233,365
The average rnonthly number of employee3 during
the year was as follows:
31.3.24
31.3.23
Full Time Equivalent
Average Head Count
16
25
19
No employees received emoluments In excess
of £60, 000
39

NDTEB Ttl THE FINANCIAL 8TATEMENTS FDII THE YEAR ENDUI 31 NAREH QOQ4. BDNTINUED
IQ. CtIMrAIIATIVES FUII THE 8TrIENENT (F FINANCI￿ ACTIVITIES 31.3.￿13
Unrestricted Restricted
fund
fund
Total
funds
Donation3 and legaci.es
56,983
141, 368
198, 351
Charitabl• activltl••
Horticulture
13,853
35,185
135, 874
13,853
36,435
135, 874
Education
Team Challenges
1, 250
Other tradlng activitie¥
Investment income
20,540
949
20, 540
949
Total
263, 384
142, 618
406, 002
Raising £und8
21,279
6, 581
27,860
CHARITABLE AefiviTIE8
Charitable activity
230, 308
85, 122
315,430
Total
251, 587
91,703
343,290
NET INCC
11,797
50, 915
62,712
RECONCILIATION OF FUNDS
Total funds brought forward
134, 954
101,221
236, 175
146, 751
152, 136
298, 887
40

NDTE8 Tll THE FINANCIAL 8TATEMENTS FDR THE YEAR ENDED 31 IIARCH QOQ4. CtINTINUEII
Ta. KEY MANAEEMENT fEI8UNNEL
The Key Nanagement Personnel comprise of the Board of Trustees and the
Chief Executlve Officer. Total remuneration paid to the key management personnel
during the year was £39, 595 12023: £39,239)
TANGI￿ NXED th88ETS
Flxtures
Improvements
to property
and
fittings
Totals
COST
At l April 2023
Addltlons
330.579
28,103
34,474
3,048
365, Q53
31,151
At 31 March 2024
358, 682
37,522
396,204
DEPRECIATION
At l ApriL 2023
Charqe for year
330,579
449
34,474
583
365,053
1,032
At 31 March 2024
331,028
35,057
366,085
NET BOOK VALUE
At 31 March 2024
27,654
2,465
30,119
At 31 March 2023
I& PIUU161BAL1£8EIE
31.3.24
31.3.23
Farmyard animals
5.900
5,240
IB. LEBTDII8: AMtIUNTE FAWNB DIE wmiiN ONE YE411
31.3.24
31.3.23
Trade debtors
23,873
1,249
13,281
1,172
Prepa￿en￿s
25,122
14,453
41

NOTES Ttl THE FINANCIAL 8TATEMENTS FDR THE YEAII ENDED 31 MAIICH CONTINUEII
11 CIIEDITUII8: AXOUNT8 FaU￿B DIE WIThIN tINE YEAn
31.3.24
31.3.23
Trade credltors
5,305
4,798
783
4,377
3,147
783
Social security and other taxes
other creditors
Def erred incorne
Accrued expenses
34,025
3,990
17,598
8,182
48,901
34,087
a3
18. ANALYSIS tF NEf ￿la[[E BETIIEEN FUMI18
Unrestrlcted Restricted
fund
f und
31.3.24
31.3.23
Total funds Total funds
Fixed assets
Current assets
Current Ilabllltles
30,119
366,713
(48, 901)
30,119
467, 079
(48,901)
100,366
332, 974
134,0871
347, 931
100,366
448,297
298, 887
Analy81• 0£ R•8trlct•d Fund8 cazrlad
£orward a8 at 31st March 2024
31.3.24
31.3.23
Educatlon
Volunteeiing
Farm
45,709
17,410
21,524
52,783
23, 871
7, 982
30, 000
37, 500
Gardenlng
Central costs
Slte improvement
15,723
100,366
152,136
42

NtITE8 Ttl THE FINANCIAL 8TATEMENTS FOR THE YEAR ENDED 31 MARCH QOQ&L coiifiNUED
ta ANAU818 (F IET A&IEI8 BETWEEN FUND8 DJNTWUED
a2
CENTRAL COSTS
Grants towards the purpose
of education with local
These are grants towards
rrointenance of Farm and
Grants towards the salary
of thÈ Chief ExÈcutlve and
schools, the emplO￿llent of an towards provision of animal
Education Intern to support
daily care such as feeds,
the delivery of services
bedding and veterinary
specifically for young people. care. These grants also
contributed towards
associated labour costs.
for support to develop a
fundraising strategy.
VOLUWIEERIYIG
Funds towards the upkeep
and rnaintenance of the Farm
Grants towards the salary
of a deslgnated Volunteer
Manager, to help support
the development of our
volunteer services .
SLte. Including renovation
of The Beautiful Shed and
installation of two new
Grants towards improving
the layout of the Farm's
growing spaces.
qlasshouses.
19. NDVFKNT IN FIIIJI8
Net.
Transters
between
At
movement
At
1.4.23
in fund3
f unds
1.3.24
Unr•8tsxct•d £und•
GeneraL fund
146,751
149,585
51,595
347,931
R••trlct•d £urAd8
Restrlcted
152, 136
(175)
(51,595)
100, 366
Tot•1 funds
298,887
149,410
448,297
Net movernent in funds, included in
the above are as follows:
Incoming
resources
Resources
Movement
expended
in funds
Unrestsictad £und8
General fund
300, 025
(150,440)
149,585
R•st£ictad funds
Restricted
241,426
<241,601)
(175)
Tots￿ funds
541,451
(392,041)
149,410
43

NOTES Ttl THE FINANCIAL STATEMENTS THE YEAR ENDED 31 NAREH QOQ4. CUNTINUED
19. NtIVUENT IN FUNI18 ￿￿T￿
Net
At
rrLovement
At
1.4.22
in f unds
1.3.22
Unz•3tr&ct•d funds
General fund
134, 954
11,797
146,751
Ro3trlcted £und8
Restricted
101,221
50,915
152, 136
Total funds
236, 175
62,712
298, 887
Net movemenL In funds, included in
the above are as follows:
Incomlng
resources
Resources
Novement
expended
in funds
Unr••tsiet•d £und8
General f und
263,384
(251,587)
11,797
Re8trict•d £und8
Restricted
142, 618
<91,703)
50,915
Total £und•
406,002
(343,290)
62,712
Ji
O. ftELATED fAm Th&U8UftE8
There were no related party transactions for the year ended 31 March 2024.
44

DETAILED STATEMENT tIF FINANCIAL ACTIVITIES
Flllt THE YEAII ENIIED 31 MAItCH
31.3.24
31.3.23
Donatsona and l•g•ci•a
Donatlons
188, 934
250,476
46,098
152,253
Grants
439,410
198,351
othet trading
Fundral3lng actlvLtle8 and events
21,931
20, 540
Invéstmènt inc¢)
Deposit account interest
5,090
949
Charltablo actlvltle8
Grants
75.020
186, 162
Total Incornlnq r••ourc••
541,451
406,002
Ilai•ing donation• •nd l•ga¢i••
Anlmal welfare
Bedding & feedstuff
Catering & ref reshments
Cleanlng & hyglene
Cornrnunity & fundraising
Cost 0£ product for sale
3,734
5,941
445
3,886
470
21.641
4,233
5,186
1,169
3,239
13,192
36.117
27,019
Other tradlng activlti•8
Bad debts
350
841
Charitabl• actlvltl•3
Wages
Pensions
256, 620
4,480
230,201
3,164
11,216
3,235
12,774
Rates and water
Insurance
5,100
7,166
Sessional Workers
273.366
260, 590
This page does not forJn part of the statutory fmancial statements
45

IIETAILED 8TATENENT UF FINANCIAL ACTIVITIES Ftllf THE YEAR ENDED 31 MAllllH QOI24,
CONTINUEII
31.3.24
31.3.23
Support C08t8
Tinane•
Bank charges
2,726
2,559
oth•r ov•rh•ad coats
Rates and water
126
4,993
926
3,300
23,307
1,593
ioi
4,296
Light and heat
Telephone
Postage and Stationery
Repalrs and renewals
Sundrles
7,158
1,160
2,832
10,274
4,029
IT soetware & consumables
Subscriptions & publicatlons
2,627
38,642
28,080
Oth•r •upport co•t•
Depreeiatlon of tanglble fixed assets
1,032
Gov•rnane• eoats
Other prcfessional costs
Independent Examiners, fees
Consultancy
11,779
2.840
25.189
4,075
I,B70
18,256
39,808
24,201
Total resources expended
392,041
343,290
Total incoll￿ng r•sourc•a
149,410
62,712
This page does not form part of the statutory financial statements
46