2022-12-31-accounts - Acorn Venture Association

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Trustees			A D Burke
			R T Muspratt
			R V Rishworth
			CJ Roderick
			A P Ware
			F C Hartshome				(Appointed	12January 2023)
Secretary			TJ Trumble
Charity number			516925
Company	number		01934024
Registered		office	Acorn Venture	Farm
			Depot Road
			Kirkby
			Knowsley
			Merseyside
			L33 3AR
Independent		examiner	Peter Atkinson
			Jackson Stephen		LLP
			James House
			Stonecross Business			Park
			Yew Tree Way
			Warrlngton
			Cheshire
			WA3 3JD
Bankers			National Westminster			Bank Pic
			Aintree Black Bull
			Corner of Longmoor			Lane	and Cedar	Road
			Alntree
			Liverpool
			L9 OEG
Investment		managers	Blankstone Sington
			Walker House
			Exchange Flags
			Liverpool
			L2 3YL

		Page
Trustees report		1-8
Statement oftrustees	responsibilities
Independent examiner's report		10
Statement of financial	activities
Balance sheet		12-13
Statement ofcash flows		14
Notes to the financial	statements	15-26

consistent ma	nner. All pa	licies are reviewed on a regula	r	basis by the trustees.
k) Staff	Team
Permanent Staff:
Name		ob title			Hours
Fiona Smith		Farm Mana er			35
rac Trumble		Ds ut Mana er/Finance		Office	37.5
ike Ta lor		Horticultural Unit Mana	er		37.5
rls Grlftlths		Farm Maintenance Worker			37.5
aria Moulsdale		Education Worker
Bec Little		ro'act Administrator			37.5
ane McKillo		afe Mana er			37.5
aneta Radilova		eekda Cafe Assistant			15
Lisa Hu hes		ho Worker			6.5
Lisa Gunn		Farm Animal Su ervisor			7.5
acant		Farm Assistant/ Ddver
ue Rowan		ardener/Su ort Worker
L nn Fitz atrick		eekend Mana er Job	Share
al Kali		eekend Manager Job	Share
Marts Silva		eekend Cafe Team Leader
Rhianna Mur	h	eekend Oaf	i Assistant		Job Share
Emilie Moore		eekend Cafe Assistant		Job Share
I sha Ibbotson		eekend Sho Worker			12
Hannah Maudsls		eekend Animal Petting	Area Su ervisor
al Kelly		unda / School holida	Horse Ride Su ervisor
ennifer Hardie		aturda Horse Ride Su		rvisor
LII Case		eekend Horse Ride Hei		r
Eve Loftus		eekend Horse Ride Hei		r/Farm Assistant	10
uzanne Austin		Farm Assistant Job Share
arah Tomlinson		leaner weekda s			10
helsea Trusdals		leaner weekends

							Unrestricted	Restricted	Total	Total
							funds	funds	2022	2021
						Notes	E	E	E	E
Income from:
Donations and legacies							60,767		60,767	306,322
Charitable activities							309,443		309,443	258,011
Other trading	activities						290,827		290,827	137,868
Investments							45,422		45,422	39,200
Other income										3,636
Total Income							706,459		706,459	745,037
~E* d I
Cost ofgenerating			funds				11,195		11,195	12,315
Charitable activities							429,115	4,465	433,580	328,064
Total expenditure							440,310	4,465	444,775	340,379
Net incoming	resources			before
gains/(losses)	on		Investments				266,149	(4,465)	261,684	404,658
Net gains/(losses)		on investments				13	(136,103)		(136,103)	124,225
Net movement	in	funds					130,046	(4,465)	125,581	528,883
Fund balances	at 1		January		2022		2,124,493	261,915	2,386,408	1,857,525
Fund balances at			31 December 2022				2,254,539	257,450	2,511,989	2,386,408

					2022		2021
				Notes	6		6
Fixed assets
Tangible assets				14		968,826		619,759
Investments				15		1,357,488		1,459,409
						2,326,314		2,079,168
Current assets
Debtors				16	32,457		25,514
Cash at bank and	in hand				171,956		361,071
					204,413		386,585
Creditors: amounts		falling	due wilthin
one year				17	(18,738)		(79,345)
Net current assets						185,675		307,240
Total assets less	current		liabilities			2,511,989		2,386,408
Funds ofthe charity Restricted funds				18		257,450		261,915
Unrestricted funds	—designated			19	1,875,000		1,750,000
General unrestricted		funds			379,539		380,222
Total unrestricted	funds					2,254,539		2,130,222
						2,511,989		2,386,408

				2022		2021
			Notes
Cash flows from operating		activities
Cash generated from operations			24		179,915		436,810
Investing	activities
Purchase	of tangible fixed assets			(369,340)		(560,790)
Proceeds	from disposal of investments					300,000
Investment	income received			310		39
Net cash	used In Investing	activities			(369,030)		(260,751)
Net cash	used in financing	activities
Net (decrease)/Increase in cash and equivalents			cash		(189,115)		176,059
Cash and	cash equivalents	at beginning	ofyear		361,071		185,012
Cash and	cash equivalents	at end of	year		171,956		361,071

Tangible fixed	assets	assets
Tangible fixed	assets are initially		measured	at cost and subsequently		measured	at cost, net of depredation
and any impairment losses.
Depreciation is	recognised	so as	to write off	the cost ofassets less their		residual	values over their useful	lives
on the following	bases:
Long leasehold	land and buildings			Over the term ofthe lease
Renovations				20% per annum	straight	line basis
Outbuildings and paddocks				10%per annum	straight	line basis
Fixtures, fittings	and equipment			20% per annum	straight	line basis
Motor vehicles				25% per annum	straight	line basis
Play equipment				Over 15years

					Unrestricted	Restricted	Total	Total
					funds	funds	2022	2021
					general
					6
Donations,	legacies			and gifts	60,767		60,767	306,322
For the year		ended		31 December 2021	46,583	259,739		306,322
Donations	and gifts
Gift aid					34,441		34,441	36,625
Donations					26,326		26,326	269,697
					60,767		60,767	306,322
Charitable	activities
							2022	2021
							6	6
Daytime activities			programme				215,640	210,782
Product sales							62,444	45,634
Educational	income						29,439	233
Other income							1,920	1,362
							309,443	258,011
Analysis by	fund
Unrestricted		funds		—general			309,443
For the year		ended 31 December 2021
Unrestricted		funds		- general				258,011

			2022	2021
Sponsorship			829	763
Admission charges			228,380	107,632
Horse	riding	charges	17,554	13,032
Petting	pavilion charges		40,534	15,503
Room	hire		3,530	938
Other	trading	activities	290,827	137,868

		2022f	2021f
income	from listed investments	45,112	39,161
Interest	receivable	310	39
		45,422	39,200

8	Cost of generating funds	Cost of generating funds	Cost of generating funds
							2022	2021
	undra sin	and
	Other fundraising costs						265	1,055
	Investment	management	administration	costs			10,930	11,260
							11,195	12,315
	All costs for	both years	relate to unrestricted		general	funds.
9	Charitable	activities

					2022 f	2021f
Staff costs					288,579	214,897
Depreciation and Impairment					20,273	13,176
Costs of activities	in furtherance		of the charity's objectives		65,716	43,930
Indirect employee	costs				2,116	953
Premises costs					33,869	37,526
General administrative costs					14,081	7,202
Professional fees	in support	of	charitable	activities	1,622	1,086
Direct employee costs					3,995	2,971
Governance costs					3,329	6,323
					433,580	328,064
Analysis by fund
Unrestrtcted funds	- general				429,115
Restricted funds					4,465
					433,580
For the year ended 31 December 2021
Unrestricted funds	- general					327,062
Restricted funds						1,002
						328,064

Fees payable to the	Independent	examiner	examiner	2022 9	2021f
Independent examiner	review of the	annual	accounts	2,000	2,105
Non-audit services
AII other non-independent examiner		services		1,329	3,518

The averag	e monthly number ofemployees during th	s year was'.
		2022	2021
		Number	Number
Charitable	activities	24	18
Employment costs		2022	2021
		6	6
Wages and	salaries	263,764	199,119
Social security costs		18,834	14,273
Other pension costs		5,981	1,505
		288,579	214,897

			2022	2021
Revaluation	of	investments	(136,103)	124,225

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						Listed	Other	Total
						investments	investments
						f
	Cost or valuation
	At 1 January	2022				1,459,408		1,459,409
	Valuation changes					(136,103)		(136,103)
	Income					45,112		45,112
	Management	fees				(10,930)		(10,930)
	At 31 December 2022					1,357,487	1	1,357,488
	Carrying amount
	At 31 December 2022					1,357,487	1	1,357,488
	At 31 December 2021					1,459,408	1	1,459,409
							2022	2021
	Other investments		comprise:			Notes	6	f
	Investments	in subsidiaries				22
16	Debtors
							2022	2021
	Amounts falling due			within	one year:		f	F
	Trade debtors						18,460	8,525
	Other debtors						12,042	14,993
	Prepayments	and	accrued income				1,955	1,996
							32,457	25,514
17	Creditors: amounts			falling due within one year
							2022	2021
							6
	Other taxation	and	social security				737	196
	Trade creditors						1,674	66,489
	Accruals and	deferred		income			16,327	12,660
							18,738	79,345

				Movement	in funds
		Balance at		Income	Expenditure	Balance at		Expenditure	Balance at
		1 January	2021		1	January	2022		31 Oecember
									2022
									F
Restricted	funds		3,178		(1,002)		2,176	(1,002)	1,174
Farm building
refurbishment				259,739		259,739		(3,463)	256,276
			3,178	259,739	(1,002)	261,915		(4,465)	257,450

			Balance at	Resources	Transfers	Balance at	Transfers		Balance at
			1 January 2021	expended		1 January 2022		31 Oecember
									2022
							f		f
	Farm building
	refurbishment	fund	1,550,000	(299,297)	499,297	1,750,000	125,000		1,875,000
			1,550,000	(299,297)	499,297	1,750,000	125,000		1,875,000
20	Analysis of	net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted		Total
			2022 f	2022	2022 f	2021 f	2021		2021f
	Fund balances at 31
	December 2022 are
	represented	by:
	Tangible assets		711,376	257,450	968,826	357,844	261,915		619,759
	Investments		1,357,488		1,357,488	1,459,409			1,459,409
	Current assets/(liabilities)		185,675		185,675	307,240			307,240
			2,254,539	257,450	2,511,989	2,124,493	261,915		2,386,408

							2022 6	2021f
Aggregate		compensation					84,289	83,309
Transactions			with related parties
During	the	year the charity entered		into the following	transactions	with related parties:
							Gift Aid
							2022	2021
							6	f
Entities	over		which the entity has control, joint control		or significant	influence	34,441	36,625
							34,441	36,625

												Amounts	owed	related
													parties
													2022	2021
												Balance		Balance
													f
Entities	over	which	the	entity	has	control,	joint	control	or	significant	Influence	12,042		14,993

Name	ofundertaking	ofundertaking	Registered	Nature ofbusiness	Class of	Class of	% Held	% Held
			office		shares	held	Direct	Indirect
Acorn	Venture	Trading Co.	As per parent	Cafeteria services and the saleQrdinary			100.00
Ltd			company	of gifts

	The aggregate capital	and reserves	and reserves	the	the	result	for	the year of subsidiaries	excluded from	consolidation
	was as follows:
	Name of undertaking		Profit/(Loss)			Capital and
							Reserves
						f		f
	Acorn Venture Trading	Co,
	Ltd			(129)				135
23	Control
	The charity is controlled	by the	trustees.
24	Cash generated from	operations							2022f	2021f
	Surplus for the year								125,581	528,883
	Ad)ustments for:
	Investment income recognised		in statement		of financial			activities	(45,422)	(39,200)
	Fair value gains and losses an		investments						136,103	(124,225)
	Depreciation and impairment of tangible			fixed		assets			20,273	13,176
	investment management	fees deducted		from		porffolio			10,930	11,260
	Movements in working	capital:
	(Increase) in debtors								(6,943)	(12,387)
	(Decrease)/increase in	creditors							(60,607)	59,303
	Cash generated from	operations							179,915	436,810
25	Analysis ofchanges in net debt
	The charity had no debt during		the year.