Tr"ARM PARK
REPORT AND FtYANCLIL STATEMENTS
31 MARCH 2023
Re£islered charlty number: 501757
OFFICIAL

Farm Park
Table of Contents
Report ofthelrustses.............................................................................................................
Independcnl Ex8min¢ls Report................. ...............................................................................
, sta￿ment of I'inancial Activities...................
Balance Sheet.. .
Not￿ to the Financial Ststemcnls........
.9-10
OFFICIAL

Farm Park
Rcport of the Trustees for the Year Ended 31 March 2023
The Trusle¢s prescni thelr report along with the financial statetnents of the charity for the year
euded 31 Match 2023. The financial slalements have been prepared in ac¢ordance with the
ac¢ounting policies sel out in the llot￿ thereto and comply with the charity's trust deed and
applicable law.
Reference and administrative information
Name of eliarity..
Farm Patk
Registered charity number:
501757
Address for correspondence".
rinance Directorate
Bim)ingham City c.ouncil
Ihe Coun¢il Housc
Vicioria Square
Ilirn)ingham
]JI IBB
Trustee..
Bimjingham City Council
Independeni EAaminer'.
Mi. Jason Seagrave FCCA
I Poplars Court
Lenlon Lane
Nottingham
N(i7 2RR
Dank:
Il<Lrclays Baiik PIC
15 Colinore Row
Birniingham
B32BII
OFFICIAL

Farm Park
Report of the Trustees for the Year Ended 31 March 2023
Structure, Governance 2nd M*na8emenl
Governing documenl
The'fu￿1 ivas esiablished by a Tn￿1 Dced dated 15 Au8USt1972. It is a wgistered cbattty, with
charity numbcr 501757.
The Trustee is Birniingham City Council.
Recruilmenl andappoinimenl oftrusiees
The trustees, who served during the year, alld since the year end. are set oul in the Tefcrence
and adtninistration detsils on page 2.
Triislee Meetings
l)ay lo day mariag¢ffj¢nt dccisions are iiiade by Ttus¢ and Cliarities Committee, which is m&d¢
up of eight Council Members. Three members acting as Truslecs are necessary ta form a
quorum. Issues are decided by a simple majority of Lhose present and voling, provided at le&41
tivo Trnstees vole in favour of the resolution. D¢cisio￿￿, such &s disposals are madc by Full
Council sit(ing separately as Corporate .1 ruslee.
Objectlves and Actlvliles
The Trustees hav¢ referr¢d lo die guidance contained in the Charity Commission's
gcneral guidatL¢¢ on public bcnefil when reviewing the aims and objeL'tives of the charitable
Lompany and in planning uny fiiture activities. In particular, the l rnslees havc considei'ed how
planned a¢liviiics will contribute lo Ihe aims aiid objectives set.
Tlie i)bjLK'tives ocihe Chariry are ￿ provide public spaces to be used for tho inhabitants of the
City of ]3imiingham.
lTh¢se spaccs arc managed by Bii'tninglwn c.ily Council on bel)alf of thc c.harity. forthe benefii
of tli¢ cili£ens of Bim)ingham. Thcy are currently accessible to the general public.
Publlc Benefit
The Truslees confirm that in the exercis¢ of their powers as 2 charity ttugtee, they have had due
regard lo thc published guidance from thc Charity Cummi55ion on the operaiion of ihe public
benefit reqiiirement.
OFFICIAL

Farm Park
Report of the Trustees for the Year Ended 31 March 2023
Achievement5 and Performance
Tot81 unrestricted incoming regouree4 for the year were £28,198 (2022: £26.780). Charitable
expenditure aniounted to £28,198 (2022- £26,780).
Flnancial Review
lJnrestrieted income far ihc period amounted to £28.198 (2022.. £26,780) and the principal
funding sources were from Ilirniingham Cily Council of £28,098 (2022- £26,680) and other
inLome ul£lOO (2022- £IOO).
Unrestricted expenditur¢ totalled £28.198 (2022.. £26,780) and comprised supplies and services
of £28,198 (2022.. £26,780).
Reserves and Risk M£7Firtgeiiiepil
The cliarily lacks sufficient funds io maintain the public spaces and keep the 8rea in good state;
it se¢k¥ rcgulur inctsmc from Birniin8ham Cily Couiicil. Consequellily. any defi¢il iiiade is
covered by the City Cowictl.
Risk Alaiiagemenl
The Tru,st¢cs kccp under r¢vi¢w the major strdiegic &iid op¢ratioiial risks wliiLli dic charily
fdC¢S and ar¢ satistied that Sybtrmb hav¢ been esthblished in ord¢T io minimi.se thc possible
effec15 of such risks on Ihc charity.
OFFICIAL

Farm Park
Report of the Trustees for the Year Ended _31 Mareh 2023
Trustees, Responslbllilies in RelAtlon lo the FinanelAI Statements
The Trustees are reiponsible for preparing thc Annual R¢port and the binancial Statements in
accordance with applicable law and the Financial Reporting Stsndard applicable in the UK and
Republic of Ireland {fRS 102) (effc¢tiv¢ l J4￿uary 2019)- Charitie5 SOllP {fRS 102) and tlic
Financial Reporting Standard applicable in the UK 2nd Republic of Ireland {FRS 102).
The law applieable to charities in England And Wales requires th¢ Trustees to PTcpar¢ fuwicial
statements for each finan¢ial year which giv¢ a tntc and fair vi¢w of the atrairs of thc charity
and of the in¢oming resources and application of resources of the charily for that period.
In preparing these financial statement5. the Trnstees are Tequired to:
select Suitable accounting policics and Ihen apply them consisienily;
obslrvc the methods and principles in the Charities SORP 2019.
makc judgein¢nts and estimatcs (hat are reasonable and prudent:
state wliether applicable UK accouniing Sthndards bave been followed, subjeci lo aiiy
dLPdrtures th'scloqed Ithd explaincd in the findncial 8iaiemenLs' and
prepare ihc financial statemenis on the going conceni basis unless it is inappropriate to
presume that the charily will continuc in operalion.
The Trnstees are responsible fur k¢eping aLcounting recoi'ds thai disclose wilh redsonabl¢
accuracy at any lime the financial posiiion of tlie charity and enable thcm lo ensLire thal the
rin<incial .statenienls Comply with the Charilics Acl 2011, the ("harity (Aceounts and Reports)
Regulations 20011. Financial Reporting Standard (FR8 102) and thc provisions of tlie trust dced.
I'hey are also responsibl¢ for safeguardinb the asseLs of the charily and hencc Cor Lakirhg
reasonable steps for tEie prei'enlion and detection of fraud and other irregularilies.
Approved by the TThsteeq and signed on their behalf by:
I'rustee: Counefillor Phil Davis (Chair of the TTusts and Charities Committee)
Da*.. 15 December 2025
OFFICIAL

arm Park
Independenl Examiner's Report to the Truslees of Farm Park
I report to the charity ttvstees OD my ¢xaminaiion of the accounts of the charity for the year
ended 31 Mareh 2023.
Responslbllltle5 basls of report
As the ¢harity's trnslces you ￿.¢ reJponsibl¢ for the preparation ofthe accounts in acc01-d￿l¢¢
with the requirements of the Ch￿l11cS Aci 2011 ('the Act.).
I report in respect of my examination of the charity's accounts carTied (iul under scctiun 145 of
the Act and in canying OUL my examinaiinn I have follo￿,ed all the applicable Direclions given
by Ihe Chariry Comtnission under section 145(5){b) of the Act.
Independent ex#miner's statemeD¢
I have ¢ompleled my examination. I confimi that no material matters l)ave Lome lo my Attcnlion
in conncction wilh ihc examination giviiig Ine Ca￿$¢ to believe thai any malerial respect:
accounling records wcrc noi kept in rcspccl of (he charit}, as requircd by section 130 of
the Act. or
th¢ <iccounts do not accord with those record%,' or
the tLccourkts do not comply willi the applicablc r¢4uirements concerning the fonn and
content of ac¢ounls qet out in the Charities (Aecouots and Reports) Rcgulations 2008
oihcr ihan any requirement thal the accounts give a 'lruc and fair view. whieh is not a
matier Lonsidcrcd as part of an independent examination.
nu concerns and lidve com¢ across no oiher maiters in cc)nnection willi the examination
ic
tt¢nuon %hould bc drdwn in this report in order ￿ eiiable a proper understai)ding ol.
nts lo be reaclicd.
on Seagrave FCCA
Seagrave French l.L.P
I Poplars Coun
Lent()n Lallc
'Oilingham
NG7 2RR
Dale: 15 December 20?5
OFFICIAL

Farm Park
Statemenl of Financial Actlvities for the Ycar Ended 31 March 2023
Unrestricted
Fund3
Restrlcted
F￿Dd5
Total
2023
Total
2022
ID¢oFnlng rfsourees
Other Income
Birniin8ham City Council
100
28,098
loo
26,680
28,098
Total ineomln% resourccs
28,198
28.198
26,780
Resources txpended
C.hatitabl¢ a¢uYities
28,198
28.198
26,780
Total resourcos expendcd
28,198
2A,198
26,780
Net 1￿ComIng resources before
IrAnsfer$
Transfer
GTU85 transfers betwccn funds
Yet Incoming rtsources before olher
r¢¢(J8nffi&ed %alns and loJst*
Other rccognised gainslloss¢$
Piet m•%'ement In funds
Recon¢lllatioM of funds
Balance of ￿ndS broughi forward
ai l April
Balance of fund5 earrffied forward
at JI .Nl#rch
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Farm Park
Balance Sheet as at 31 March 2023
Unrestricted R¢stricted
Funds
Funds
Total
Total
Notes
2023
2022
Trixed assets
Land And Buildings
Current assets
Dcbtors.. Amounts failing due within
one year
Lredilors: Amounts falling due within
one year
Net current assets
Net Asset5
Funds
PerIi)anent Funds
Unrcslrict¢d l.'uns
Totlll Funds
Approved by the I ruslee5 and si8ll¢d on their behaifby:
I'rustcc: Councillor Vhil DaviJ {ClJair of thc TnLSts and Clwities Comniiuee)
Date.. 15 December 2025
OFFICIAL

Farm Park
'ote5 formin2 part of the Financial Statements for the year ending 31
March 2023
PriDci
l Accouniin
Policies
Aceounlin
Convention
The accounts {finan¢Èal 5¢aremcnts) hav¢ been prepared, iti a¢wrdance with Accounting and
Reportlll8 by Charities.. Ststemcnt of Recommcnded Praciice, applicable to charilics preparing
their accounts and in accordance with th¢ Financial Reporting Srxndard applicable in the UK
and Rcpublic of Ireland (FR8 102) (effective l January 2019)- Charities SORP {FRS 102) dnd
the Financial Reporting Standard applicable in th¢ IJK and Republie of Ireland (Flis 102).
'I'he fmancial ststements are prepared on a going concern basis, under the historic cosi
convention, modified to in¢lude certain items &1 fair value. Th¢ fuwicial slatemei)ts are
prepared in sterling, which is the fijnclional currency of ihe chaTity.
The significant accounting p)licies applied in the presentation of thes¢ financial statcments, are
scl oul below. The8e policies have bcen consjstenily applied to all year8 presen￿d, unlL5S
otlierwise Slated. 'I'he charity has iaken advantage, of ilie oplion provided in the Statement of
R¢Lummeuded Practice, lo hcadiiigs in Il)L Stsietnenl of Financial Acliviiies, Ilidi are
applicablc lo their specific aciivity. rather th{￿ reporting on an activity basis
b)
Income
All incotning re50urccs are includcd in the S￿lement of Finan¢ial Activities when the charily
is enritled io the income and the amount ¢an bc quantified with accuracy.
'ndiiurc
F.xpenses are charged An ihe financial Siaternents in the year to which thc li8bilily r¢lates.
Charitable expethditure comprises those costs incurred by the Charity in the delivery of the
activilics and services for lis ben¢ficiaries. It includ&s, both costs thal can be allocated direcily
to such activities and those rosts of an indirect nature, necessary to support them.
dl
rund Accountin
Dctdils and tbe na￿le of ¢ach fund ar¢ set below..
Unrestricted Funds comprise thosc funds which the .1 rustees are frec lo use in accordance
with the charitahle objects.
Restricted Fund5 represent those assers that must be held pernianenily by the charity.
OFFICIAL

arm Park
Notes forming part ofthe Flnancial Statements for the year ending 31
March 2023 (
oTrl'rt)
Incomin
ReSou￿eS
202.1
2022
Other Income - ground rent
Birniingham City Council Funding
28,098
26,680
Resour¢es Ex
nded
2023
2022
Supplics and Services
F.xlernal Review Costs
FinanLial services provided by RCC
28.198
26,780
198
780
Remuneration and Ex
ns
N'one of the Trn.siees receive remuncrdlion oroiher benefits from the Chariiy or reimbursement
(ur any expetLSCS incurred on behalf of thc Charity, (2022: £Nil).
Reserves
At l April
2022
Incoming
Resources
Outgoing Revaluation
Resources
At 31 .M#rch
202.3
lJnrc.8lriLlcd reserves
Restricted rescrvcs
28.198
(28,198)
Funds
28,198
28,198
io
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