31 December 2021
Tatton Garden 5ooety Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Activtties Balance Sheet Notes to the Accounts 6toll Detsiled Statement of Finanaal Actpiittes 12to13 Pa8e I
Tatton Garden Society Trustees Annual Report Tatton Garden Society The Trustee5 present their report wrth the unaudited financial statements of the charity for the year ended 31 December 2021. REFERENCE AND ADMINisfRATIVE DETAILS Charity No. 500606 Trustees The following Trustees served during the year: C. Bodimeade J. Eaton C. Hurrell Accountants Bruce Marshall & Co Limrted Suite 11. The Old Fuel Depot Twemlow Lane Twemlow Cheshire CW4 8GJ ststement of trustees. re5ponsibilltles In relation to the finaNial statem The charity trustees are responsible for preparing a trustees. annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice). The Trustees a responsible for keeping proper accounting records that discw wlth reasonable accuracrf at any time the finantial posttion of the charity and to enable them to ensure that the financial ststements comply with the Charsties Act 2011, the appli(3ble Chartties (Accounts and Reports) Regulations. and the provi5ion5 of the Trust deed. The Trustees are also sponsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charitvs trustees C. Hurrell Trustee 13 June 2022 Pa8e 2
T3tt0ll Gar(len society Independent Examiners Report Independent Examlner's Reportto the trustees of Tatton Garden Society I report to the trustees on my examination of the accourrts of Tatton Garden Society forthe year ended 31 December 2021 which comprise the Statement of Financi31 Artivitie5, the Balance Sheet and the related notes. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 20111.the Act'l- The trustees consider that an audit is not reguired for this yeaT under the Charities Act 2011, 5.144121 (the 2011 Artl and that an independent exattlination is needed. I report in respect of my examination of the charity's accounts carried out under sethon 145 of the 2011 Act and in car¥ying out my examination I have lollowed 311 the applicable Direction5 given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statemertt I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in. any material respect: the accounting records were not kept in respert of the chaTity as required by section 130 of the Act,. or the accounts do not accord wr(h those records.. or the accounts did not comply with the applscable requirements concerning the forni and content of ccounts set out in the Charities (Accounts and Reports) Regulations 2(X)8 other than any requirement that the accoijnts give 3.true and faiv view which s not a matter considered a5 part of an independent examination. I have no concèrns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper vndefstanding of the accounts to be reached. RE Moore FCA Bruce Marshall & Co Limited Suite 11, The Old Fuel Depot Twemlow Lane Twemlow Cheshire CW4 8GJ 05 April 2022 Page 3
Tatton Garden Society Statement of Fmancial Activi for the year ended 31 December 2021 funds 20 funds Totsl fvnds Totsl funds 2021 2021 2020 Income and erldowments from: Donations and legacies Investments Other 566 566 11.233 1,437 35,387 1.314 57,813 469 1.783 57.813 Total 59.693 60,162 48.057 Expendlture ¢Jn: Other 52.058 52,058 31.136 Totsl 52,058 52,058 31,136 Net income 7.635 469 8,104 16,921 Net gain on investments Net incorne betore other 8ains/{1(1$5esl 16.241 1.163 17,404 5,857 23.876 1.632 25.508 22.778 Other 8ains and10sses Net movement in fvnds 23.876 1.632 25.508 22,778 Reconciliation otfvnd& Total funds brought forward 263.280 15.913 279,193 256,415 Totsl funds carried f(Th7ard 287,156 17.545 304,701 279,193 Page 4
Tatton Garden Soaety Balance Sheet at 31 Dember 2021 Charity No. %X1606 2021 2020 Fixed assets Tangible assets Investments 20.524 242,5 263,114 21,740 225,186 246,926 io Curyent assets Debtors Cash at bank and in hand li 12,515 50,616 63,131 {21.5441 41.587 3,880 47,938 51,818 119.5511 32,267 Credttor& Amount falling due within one year Net current assets Total assets less current liabililie5 304.701 279,193 Net assets excludlng pension asset or Ilabifrty Total net assets 304,701 279.193 304.701 279,193 The funds of the tharity Restricted fvnd5 Restricte(l income fund5 17.545 17y5 15,913 15.913 Unlestrirted funds General funds 287.156 263,280 287.156 263,280 Totsl funds 304,701 279,193 Approved by the trustees on 05 April 2022 And signed on theF by: C. Hurrell Tnjstee 13 June 2022 Page 5
Tatton Garden Society Notes to the Accounts for the year ended 31 December 2021 l Accounting poliaes Basis of preparation The financial statements have been prepared in accordance wbth Ststement of Recommended Practice: Accounting and Reporting by Charrties preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and RepublK rf Ireland IFRS 1021 i55ued on 16Juty 2014 and the Financial Reporting Stsndard applicable in the United ngdoM and Republic of Ireland IFRS 1021 and the Charities Act 2011. Change in basis of attounting or to previous accounts There has been no change to the accountin8 policies Ivaluation njles and method of accountingl since tast year and no chan8es have been made to accounts for previous years. Fund accounting unstrICted funds These a available for use at the discret of the trustees In fi5rtherance of the general objects of the charrty. These are ullrestricted funds earniarked bythe trustees for particular purpose5. These are unrestricted funds which include a revaluath>n reserve representing the reststement of investment assets at their rnarket values. These are available for use subjert to reStrittn5 imposed by the donor or through terms of an appeal. Designated fijnds Revaluation fvnds Restricted funds Income Recognition of income Income is induded in the Ststernent of Financial Activrties ISOFAI when the charty becomes entttled to. and virtualty certain to receive, the income ènd the amount of the income can be measured wtth sufficient liabIlity. Income with related whe income ha5 related expenditure the income and related expenditure is expenditure reported gross in the SOF Donations and legacies Voluntsry income received by way ofgrants, donations and gifts is induded in the the SOFA when receivable and onty when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is induded in the SOFA at the same time a5 the donation5 and gifts 8rftldonath)n to which it relates. Donated seNices These are only included in incorne (with an equivalent amount in expenditure} and faulities where the benefft to the Charity is reasonabty quanttfjable, measurable and material. Volunteer help The value of any volunteer help received is not induded in the accounts. Investment income This 15 included in the accounts when receivable. GainSlllosI on This includes anygain or lo&s resulting from revaluing investments to market value revaluatton of fixed at the end of the year. assets Gainslllossesl on Investment assets This includes anygain or Eoss on the sale of investmen Page 6
Tatton Garden Sodety Notes to the Accounts Expendlture Recognition of expenditure Expenditure is recognised on èn accruals basis. Expenditure indudes any VAT which cannot be fully 0vered. and is reported as part of the expenditure to which it relates. EKpen(liture on These comprise the costs associated with attrarting voluntary income. fundraising raising funds trading costs and investnnt management costs. Expenditure on These comprise the costs inrred by the Chartty in the delNery of its aLtNities and charitable activtties services in the furtherance of it5 0eCts. including the making of grants and governante costs. All grant expenditure is accounied for on an actual paid basis plus an accrual for 8rants that have been approved by the trustees at the end of the year but not yet paid. These include those costs awciated with meeting the constitlrtional and statLrtory requirements of the Charity, including any audivrndependent examination fees, costs IiETrked to the strategic management of the Charity. together with a share of other administration costL These are support costs not allLKated to a particular actNIty. Grants payable Governance costs Other expenditure Taxlon The charty is exempt from tax on rts charitable activit5. Tangible fixed assets and deprÈ(iion Depreciation 15 provided at the following annual rates in orderto wrtte off each asset over its estimated useful life: Leasehold property Fixtures and equipment Library 5% Strdight line 11)% Stratght line 0% Nla Freehold investment property Investment propertie5 are measured inrtially at cost and subsequently at fair value at each balance sheet date and a not depreciated. All gains or losses are taken to the Ststement of Financial Activities as they arise. Stock5 Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay forthe ttems on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trdde discounts due. Cash and cash equi¥aleDts Cash and c85h equivalents comprise cash at bank and on hand. demand deposits with banks and other short-term highly liquid investmènts with original maturtties of three months or less and bank overdrafts. In the statement of financral position. bank overdrafts a shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash eqijivalents are shown net of bank overdrdfts that are repayable on demand and forni an integral part of the company's cash management. Pa8e 7
Tatton Garden Society Notes to the Acwunts Trade and 4)ther ueditors Short term creditors are measured at the transaction pri. Other cred¥tors and provisions are fecognised where the charity has a present obligation resulting from a past event that will probably resu in the transfer of funds to a third party and the amount due to settle the obligation can be MeaSud or estimated reliably. Credwtors and provisions are nornialty recognised at their settlement amount after allowing for any trade discounts due. 2 Ststement of financial Arti¥itie5- prioryear Unrestrirted Restrorted fur$ funds Total fvnds 2020 2020 Income and endowments from: Donations and legaoes Investments 11,233 I,IX17 35,387 11,233 1.437 35.387 430 Other Totsl 47,627 430 48,057 Expenditure on: Other 31.136 31,136 Totsl 31.136 31,136 Net gains on investments 7,681 11.8241 11.3941 5,857 Net income 24.172 22,778 Net income belore other galnslllosses} Other gains and1055es". Net movement In funds 24.172 {1.3941 22,778 24.172 {1,3941 22.778 Reconaliation of funds." Total fund5 brought forward Total funds Girried forward 239.108 17.307 256,415 263,280 15,913 279,193 Income from donations and *acies Total Total 2021 2020 Donations 566 566 1,233 10.0 11.233 Grant 566 566 Page 8
Tatton Garden Society Notes to the Accounts 4 Income from in%tnts Total Totsl 2020 2021 Investment income 1,314 1.314 469 1.783 1.783 1,437 1,437 469 5 Other income Totsl Total 2021 2020 Income from subscriptions Excursions & social events 23.450 23.450 14,905 19.750 2,168 13,469 I4.15 Arboretum income 19,(M)2 19,002 456 Plant sales 456 57,813 57,813 35,387 6 Other expenditure Total Total 2021 2020 East Cheshire Council Excursions & soaal events 11,865 11.865 5,405 costs 13.252 13,252 1,200 Arboretum costs Amortisation, depreciation. impairment, profitlloss on disposal of fixed assets General admintstratr¥e costs 7.917 7.917 14.249 1.606 1.606 1.594 14.059 3,359 52.058 14,059 3.359 52,058 7,403 1,285 31,136 Legal and professional costs 7 Net in¢orne before transf5 2021 2020 This is stated after charging: Depreciation of owned fixed assets 8 Staff costs No employee received emoluments in ex5$ of£E,(MA). 1.606 1,594 Pase 9
Tatton Garden 5odety Notes to the Accounts 9 Tangible fixed assets land and Ftxtures arbd Iwildin85 equipment Librnry Totsl Cost or rewdluation At lJafiuary2021 Additions At 31 December 2021 Depreciation and Impalrment At ljanuary 2021 Depreciation charge forthe year At 31 December 2021 31.866 28,307 1,450 61,623 390 31.866 28.697 1.450 62,013 11,576 28.307 39.883 1593 1,606 13.169 28,320 41,489 Net book values At 31 December 2021 At 31 December 2020 18,697 20,290 3TI 1,450 1,450 20,524 21,740 10 Investments Other Other In¥estn*nts- In¥estsnents- Re5trirted Unrestrbcted fvnds fvnds Total Cost or revaluation At ljanuary 2021 Revaluation 216,498 16,241 232,739 225,186 17,404 242,590 1,163 9,851 At 31 Decetnber 2021 Net b(x)k values At 31 December 2021 At 31 December 2020 9,851 232,739 216,498 242,590 225,186 11 Debtors 20 2020 Other debtors 12.515 12.515 12 Credltors: amounts frdlling due wrthin one year Z021 2020 Other creditors Accnjals and deferred income 7,1 13,943 21,544 9.241 10,310 19,551 Page 10
Tatton Garden Society Notes to the Atcounts 13 Movement in fund5 Incomlng At31 December 2021 (induding January 2021 pl1/1$e$j expended Re¥aluatlon Restricted fund& Restrirted income fuTrd&' Burrows Memorial Fund 15.913 1,163 17,545 Total 15.913 469 1,163 17.545 Unrestricted funds: General fvnds 263.280 59.693 (52.058) 16.241 287,156 Reydluatl¢ ReseNes: Totsl funds 279,193 ,162 152.0581 17.404 304,701 Purposes and restrictions In lat)fi to the funds." Restricted funds: Burrows Memorial Fund 14 Analysis of net assets between funds UnrestrÈrted Restrlcted fvnds funds Total Ftxed assets Investments 20.524 232.739 41.667 294,930 20,524 242,590 41,587 304.701 9,851 1801 9,771 Net current èssets 15 Reconr31iation of net cash At31 At ljanuary 2021 Oecember 2021 Cash flows Cash and cash equivalents 47.938 47.938 2.678 2,678 50.616 50.616 Net debt 47.938 2,678 50,616 16 Subsequent events Under the term5 of a Ststutory Dedaration dated 21 December 2021. on l January 2022, the Trustees agreed to transfer all of the assets and liabilities of Tatton Garden Society (Charity No. 5CKJ606lto a newly incorporated Charitable Incorporated Organisation registered underthe name of Tatton Garden Society {Charity No. 11947931. Pa8e 11
Tatton Garden Society Detalled Statement of Thnandal Ate$ for the year ended 31 December 2021 funds 2021 funds Totsl fund5 Totsl fvnd5 2021 2021 2020 Income and endOWmefrom. Donations and lega¢ie5 Donations Grant 566 566 1,233 10,000 11,233 566 566 Investments Investment intome 1,314 1,314 469 469 1,783 1.783 1,437 1,437 Other Income from subscriptions Excursions & social events Arboretum income Plant sales 23.450 I4.5 19.¢X12 456 23.450 I4.5 19.1K12 456 19.750 2,168 13.469 57.813 57.813 35,387 T¢)tsl Income and endowments 59.693 469 11,162 48,057 Expendlture on: Other expenditure East Cheshire CouncFI 11.865 13,252 7,917 33.034 11,865 13,252 7,917 33.034 5,405 1,200 14,249 20.854 Excursions & soaal events costs Arboretum costs General admintstratP4e costs. including depreciation and amortisation Depreciation of land and buildings Depreciation of Fixtu5 and equipment General insurances 1.593 1,593 1,594 13 13 225 225 4.031 472 Marketing Postage and couriers Subscriptions General coswsundry expenses 4.031 472 709 226 270 270 327 5.961 8,997 9.061 15.665 9.061 15.665 Legal and professional costs Auditllndependent examination fees 216 Attountancy and bookkeeping Other legal and professional 185 2.959 2.959 Pa8e 12
Tatton Garden Society Detailed Statement of fiftandal Aclivlll 3,359 3,359 1,285 Total of eXpendIre of othercosts 52,058 52.058 31,136 Total expendlture Net gains on investments 52,058 52,058 31,136 5,857 Net Income 7,635 469 8.104 22,778 Net gains on investments Net income before other gains1l1oe$j Other Gains 16.241 1.163 17.404 23.876 1,632 25,508 22,778 Net movement In funds 23,876 1.632 25,508 22.778 Reconciliation of funds: Total funds brought foThffird 263.280 15.913 279.193 256,415 Total funds carried forward 287,156 17,545 304,701 279,193 Page 13