# ## ## |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| ## ## |3|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| ## ## |9|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| ## ## |||MQN0
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I—O||| ## ## ## ## ||||||||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|