2021-01-31-accounts - Plants and Minds

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Trustees			James Robinson		(Chair from October 2020)	(Chair from October 2020)	(Chair from October 2020)	(Chair from October 2020)
			Sheila Carson
			June Perryman
			Vic Williams
			Catherine Hosier
			Keilah Towers (Treasurer)
			Maria Seabright						(Appointed	7 October 2020)
Senior Management		Team	Tish Borrowman	- Project		Manager		Cherry Tree Nursery
			Andrew Verreck -		Project	Manager		Chestnut	Nursery
Patrons			Mr Bill Bailey
			Mrs A Pitt-Rivers
			Katie Cox
Secretary			Susan Cheeseman
Registered	numbers		Charity number						900325
			Company number						2449757
Principal address			Cherry Tree Nursery
			Off New Road Roundabout
			Northbourne
			Bournemouth
			Dorset
			BHI0 7DA
Registered	office		Cherry Tree Nursery
			Off New Road Roundabout
			Northbourne
			Bourn cmouth
			Dorset
			BH107DA
Auditors			Warner Wilde Limited
			4 Marigold Drive
			Bisley
			Surrey
			United Kingdom
			GU24 9SF
Bankers			CAF Bank Limited,		West Mailing,		Kent
			Barclays Bank Pic, Castlepoint,				Bournemouth
			Barclays Bank Pic, Poole
			Cambridge and Counties			Bank
			Redwood Bank
			Mansfield Building		Society
			United Trust Bank

			Page
Trustees' report			1-5
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		11-24

Current financial year
		Unrestricted	Unrestricted	Restricted	Total	Total
		funds	funds	funds
		general	Designated
		2021	2021	2021	2021	2020
	Notes	f	F		R
Income and endowments	from:
Donations and legacies		123,796		112	123,908	106,082
Charitable activities
Cherry Tree Nursery		290,145		11,159	301,304	380,191
Chestnut Nursery		164,543		683	165,226	317,794
investments		3,039			3,039	4,079
Other income		3,042			3,042
Total income		584,565		11,954	596,519	808,146
Ex enditure on:
Raising funds		376			376	14,349
Charitable activities
Cherry Tree Nursery		320,444	285	60,535	381,264	478,884
Chestnut Nursery		211,592	9,557	29,684	250,833	275,262
Total charitable expenditure		532,036	9,842	90,219	632,097	754,146
Other						390
Total resources expended		532,412	9,842	90,219	632,473	768,885
Net income/(expenditure)	for the year/
Net movement in funds		52,153	(9,842)	(78,265)	(35,954)	39,261
Net income/(expenditure)	for the year/
Net movement in funds		52,153	(9,842)	(78,265)	(35,954)	39,261
Fund balances at 1 February 2020		263,290	226,976	1,029,847	1,520,113	1,480,852
Fund balances at 31January 2021		315,443	217,134	951,582	1,484,159	1,520,113

Prior financial year
			Unrestricted Unrestricted		Restricted	Total
			funds	funds	funds
			general	Designated
			2020	2020	2020	2020
		Notes	f	f
Income and endowments	from:
Donations and legacies			67,198		38,884	106,082
Charitable activities
Cherry Tree Nursery			367,750	1,232	11,209	380,191
Chestnut Nursery			224,664		93,130	317,794
Investments			4,079			4,079
Total income			663,691	1I,232	143,223	808,146
Ex enditure on:
Raising funds			14,349			14,349
Charitable activities
Cherry Tree Nursery			409,404	797	68,683	478,884
Chestnut Nursery			240,125	7,985	27,152	275,262
Total charitable expenditure			649,529	8,782	95,835	754,146
Other			390			390
Total resources expended			664,268	8,782	95,835	768,885
Gross transfers between funds			(36,194)	33,910	2,284
Net income/(expenditure)	for the year/
Net movement in funds			(36,771)	26,360	49,672	39,261
Fund balances at 1 February 2019			300,061	200,616	980,175	1,480,852
Fund balances at 31January 2020			263,290	226,976	1,029,847	1,520,113

						2021		2020
					Notes	f		f.
Fixed assets
Tangible assets					12		1,106,773		1,186,388
Current assets
Stocks					13	76,401		94,316
Debtors					14	36,374		23,028
Cash at bank and		in	hand			324,743		288,536
						437,518		405,880
Creditors:	amounts		falling due within
one year					15	(60,132)		(72,155)
Net current	assets						377,386		333,725
Total assets less		current		liabilities			1,484,159		1,520,113
Income funds
Restricted	funds				18		951,582		1,029,847
Unrestricted	funds
Designated	funds					217,134		226,976
General unrestricted			funds			315,443		263,290
							532,577		490,266
							1,484,159		1,520,113

					2021		2020
				Notes			f
Cash flows from operating		activities
Cash generated from	operations			22		31,366		164,363
Investing activities
Purchase oftangible	fixed assets				(1,238)		(293,111)
Proceeds on disposal	oftangible		fixed
assets					3,042
Interest received					3,039		4,079
Net cash generated	from/(used		in)
investing activities						4,843		(289,032)
Net cash used in financing		activities
Net increase/(decrease) in		cash	and	cash
equivalents						36,209		(124,669)
Cash and cash equivalents		at beginning		ofyear		288,536		413,205
Cash and cash equivalents		at end of		year		324,743		288,536

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		general			general
		2021	2021	2021	2020	2020	2020
				P	E	F	E
Donations	and gifts	108,002		108,002	61,255	50	61,305
Legacies	receivable	10,734		10,734	5,685		5,685
Grants receivable		5,060	112	5,172	258	38,834	39,092
		123,796	112	123,908	67,198	38,884	106,082

Donations and legacies	Donations and legacies						(Continued)
Donations and gifts
Talbot Village Trust		30,000		30,000
Edward Goslin Trust		10,000		10,000
Bournemouth,
Christchurch 8 Poole BC		10,000		10,000
Dorset Community	Fund	5,000		5,000
Bournemouth Free
Church		4,000		4,000	2,000		2,000
The Holdenhurst Charity		2,000		2,000	2,000		2,000
Smaller donations
including gift aid		43,002		43,002	55,?55	50	55,805
Barclays Bank Pic					1,500		1,500
Charities Aid Foundation		4,000		4,000
		108,002		108,002	61,255	50	61,305
Grants receivable	for
core activities
The Bernard Sunley
Charitable Foundation						5,000	5,000
Valentine Charitable
Trust						10,000	10,000
Other		5,060	112	5,172	258	23,834	24,092
		5,060	112	5,172	258	38,834	39,092

			Cherry Tree	Chestnut	Total	Cherry Tree	Chestnut	Total
			Nursery	Nursery	2021	Nursery	Nursery	2020
			2021	2021		2020	2020
							E
Sales within	charitable
activities			284,661	150,413	435,074	357,603	208,207	565,810
Services provided
under contract			3,333	14,130	17,463	4,000	14,092	18,092
Sales ofservices		by
beneficiaries			1,069		1,069	2,630		2,630
Performance	related
grants						245	93,130	93,375
Other income			12,241	683	12,924	15,713	2,365	18,078
			301,304	165,226	466,530	380,191	317,794	697,985
Analysis by	fund
Unrestricted	funds-
general			290,145	164,543	454,688	367,750	224,664	592,414
Unrestricted	funds-
Designated						1,232		1,232
Restricted funds			11,159	683	11,842	11,209	93,130	104,339
			301,304	165,226	466,530	380,191	317,794	697,985

Unrestricted	Unrestricted
funds	funds
general	general
2021	2020
3,039	4,079

Unrestricted	Total
funds
general
2021	2020
3,042

			unrestricted	Unrestricted
			funds	funds
			general	general
			2021	2020
Fundraisin	and	ublicit
Seeking donations,		grants and legacies	376
Other fundraising		costs		14,349
Fundraising	and publicity		376	14,349
			376	14,349

				Cherry Tree	Chestnut	Total	Cherry Tree	Chestnut	Total
				Nursery	Nursery	2021	Nursery	Nursery	2020
				2021	2021		2020	2020
				K		f
Staff costs				173,957	127,061	301,018	198,375	131,661	330,036
Depreciation		and
impairment				42,688	38,167	80,855	42,888	30,554	73,442
Nursery cost		ofsales		92,775	62,686	155,461	140,040	85,184	225,224
Promotional		expenses		1,836	350	2,186	5,050	353	5,403
Open day	expenses			5		5	263		263
Nursery maintenance				7,085	1,872	8,957	7,680	3,064	10,744
Protective	clothing			318	46	364	813	112	925
Rent					1,936	1,936		1,873	1,873
Water rates				9,574	1,271	10,845	8,086	1,562	9,648
Volunteer's	welfare			1,994	144	2,138	3,077	542	3,619
Volunteer's	advice			7,911		7,911	9,791		9,791
Outings and		social events		1,150	487	1,637	1,958	130	2,088
Travel and	subsistence			1,279	572	1,851	8,381	2,985	11,366
Volunteer	training			6,862		6,862	8,932		8,932
				347,434	234,592	582,026	435,334	258,020	693,354
Share ofsupport costs
(see note	9)			34,806	16,729	51,535	39,652	15,293	54,945
Share ofgovernance			costs
(see note	9)			(976)	(488)	(1,464)	3,898	1,949	5,847
				381,264	250,833	632,097	478,884	275,262	754,146
Analysis	by	fund
Unrestricted		funds-
general				320,444	211,592	532,036	409,404	240,125	649,529
Unrestricted		funds-
Designated				285	9,557	9,842	797	7,985	8,782
Restricted	funds			60,535	29,684	90,219	68,683	27,152	95,835
				381,264	250,833	632,097	478,884	275,262	754,146

Support costs	Support costs
		Support	Governance	2021	2020	Basis of
		costs	costs			allocation
					F
Accountancy fees		900		900	900	2:1CT:CN
Light, heat and cleaning		20,520		20,520	17,667	Actual cost
Motor expenses		5,651		5,651	5,184	Actual cost
Telephone	and fax	1,898		1,898	2,740	Actual cost
Printing, postage 8 stationery		7,026		7,026	7,075	Actual cost
Bank charges		5,564		5,564	7,356	Actual cost
Insurance		9,904		9,904	10,521	Actual cost
Sundry		73		73	3,502	Actual cost
Audit fees			(1,464)	(1,464)	5,062	Governance
Legal and	professional				785	Governance
		51,536	(1,464)	50,072	60,792
Analysed	between
Charitable	activities	51,535	(1,464)	50,071	60,792

The average monthly number ofemployees during t	he year was:
	2021	2020
	Number	Number
Total number ofposts	17	18
Employment costs	2021	2020
Wages and salaries	274,360	296,655
Social security costs	19,130	25,912
Other pension costs	7,528	7,469
	301,018	330,036

Tangible fixe	d asset	s
			Land and	Office Motor vehicles		Total
			buildingsequipment and
				furnituref	f
Cost
At 1 February	2020		1,628,953	83,961	33,229	1,746,143
Additions				1,238		1,238
Disposals					(12,055)	(12,055)
At 31 January	2021		1,628,953	85,199	21,174	1,735,326
Depreciation	and impairment
At 1 February	2020		484,483	43,015	32,256	559,754
Depreciation	charged	in the year	69,600	10,281	973	80,854
Eliminated in	respect	ofdisposals			(12,055)	(12,055)
At 31 January	2021		554,083	53,296	21,174	628,553
Carrying amount
At 31 January	2021		1,074,870	31,903		1,106,773
At 31 January	2020		1,144,470	40,945	973	1,186,388

13	Stocks
					2021	2020
	Finished goods		and goods for resale		76,401	94,316
14	Debtors
	Amounts falling due within one year:				2021	2020f
	Trade debtors				7,056	3,638
	Other debtors				18,477	11,446
	Prepayments	and accrued income			10,841	7,944
					36,374	23,028
15	Creditors: amounts falling due within one year
					2021	2020
				Notes
	Other taxation		and social security		7,981	5,781
	Deferred income			16	5,725	3,367
	Trade creditors				13,752	24,275
	Other creditors				50	50
	Accruals				32,624	38,682
					60,132	72,155
16	Deferred income
					2021	2020
	Other deferred		income		5,725	3,367

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							Purchase of	goods
							2021	2020f
	Trustee business interests						2,011	20,023
							2,011	20,023
	No guarantees have been given		or received.
22	Cash generated from	operations					2021	2020
							F
	(Deficit)/surpus for the	year					(35,954)	39,261
	Adjustments for:
	Investment income recognised		in statement		offinancial	activities	(3,039)	(4,079)
	Gain on disposal oftangible fixed assets						(3,042)
	Depreciation and impairment oftangible			fixed assets			80,855	73,442
	Movements in working	capital:
	Decrease/(increase) in	stocks					17,915	(41,811)
	(Increase)/decrease in	debtors					(13,346)	76,311
	(Decrease)/increase in	creditors					(14,381)	18,518
	Increase in deferred income						2,358	2,721
	Cash generated from	operations					31,366	164,363