Charity registration number 900325 (England and Wales)
Company registration number 2449757
PLANTS AND MINDS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY2025

PLANTS AND MINDS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
James Robinson (Chair)
Vic Williams
Keilah Towers (Treasurer)
Deborah Janney
Caroline Darby Jenknns
Malcolm Scott-walby
David Whity
(Appointed 10 July 2024)
(Appointed 10 July 2024)
Senior Management Team
Sandi Marshall - Project Manager Chery Tree Nursery
Andrew Verreck- Project Manager Chestnut Nursery
Patrons
Bill Bailey
Mrs A Pitt-Rivers
Katie Cox
Nomian Aish
Neil Heritage
Neil Duncan-Jordan
Martin Stewart
Registered numbers
Charity number
Company number
900325
2449757
Principal address
Chery Tree Nursery
Off New Road Roundabout
Northboume
Boumemouth
Dorset
BH10 7DA
Registered office
Chery Tree Nursery
Off New Road Roundabout
Northboume
Boumemouth
Dorset
BH10 7DA
Independent Examiners
Wamer Wilde Limited
4 Marigold Drive
Bisley
Surrey
United Kingdom
GU24 9SF
Bankers
CAF Bank Limited, West Malling. Kent
Bardays Bank Plc, Casdepoint, Boumemouth
Lloyds Bank Plc, Poole
Cambridge and Counties Bank
Redwood Bank
Monmouthshire Building Society
United Trust Bank

PLANTS AND MINDS
CONTENTS
Page
Trustees. report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
11-22

PLANTS AND MINDS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
The trustees present their annual report and financial statements for the year ended 31 January 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charitable CoMpan￿S goveining document. the Companies Act 2006
and "Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 102). (effective 1 January 2019}.
Objectlves and activitles
The objectives of the charity are..
to offer a sheltered workplace relating to horticulture and use of the land to those suffering mental
illness, providing a place for reliaf and rehabilitstion. education and development.
The charity's Vision, Mission and Values are set out below.
Vislon
A community where mental health does not define us.
Mlsslon
We promote therapeutic horticulture as a basis to provide realistic work experience in a non-pressured
environment. allowing those struggling with their mentsl health the opportunity to fiourish.
Values
Welcoming- our community is always pleased to see its members
Listening
we make time to listen to each other's problems, stories and successes., peer support 15
invaluable and is encouraged and facilitated
Compassionate and non-judgemental - we respect everyone and see the person behind the
diagnosis
Practical - we provide and share skills and advice that can be used in everyday life
Diversity and inclusivity - everyone is treated equally and fairly. irrespective of their age, disability.
ethnicity, religion, gender and sexual orientation
Empowerment- all are encouraged and supported to fulfil their potential
Activities
The main areas of charitable aclivty are the provision of sheltered workplaces, Ch8ry Tre8 Nursery and
Chestnul Nursery. as well as support. training and guidance for the Volunteers who attend.
The nurseries propagate and grow, as well as buying in plants for direct sale to the public and other
horticulturalists and the VolLJnteers are involved in all aspecls of this.
The Volunteers. who are the primary beneficiaries of the chartty, are people with mentsl health illness
who are referred to the projects by various sources including Dorset Healthcare University Foundation
Trust, GP'S, other agencies and self-referral. All Se￿ICeS are provided fr88 of charge to the Volunteers.
The charity has developed and is implementing 8 three year Strategic Plan to enhance its operations.
Public Benefit
The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing the charivs aims and objectives and in planning its future activities.
There is increasing extemal eviden￿ of the benefits of horticulture therapy on wellbeing especially in the
treatment of mental health.
Friends of the charity
The charity is most grateful to all the people, known as 'Friends' of the charity who give their time on a voluntary
basis to help with the activities of and fundraising for the charity. 72 Friends contributed in this way during the
year and the charity could not so successfully provide all the sèrvices it does without them.

PLANTS AND MINDS
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
Achievements and performance
During th8 course of the year. 125 Volunteers with mental health problems have attended and been supported by
Cherry Tree Nursery and 55 have attended and been supported by Chestnut Nursery. Our Volunteers are able to
attend the nurseries for up to bmo full days each week.
As predicted, the demand for our services has increased paruy due to the Covid-19 pandemic but also due to the
increased demand for NHS mental health services and the associated delays in accessing said treatments and
services. We have always begn aware that we plug a gap in NHS services and we are often the only option for
those who are not in NHS trealments. As a result. we are seeing new applicarits who are very unwell, not as far
into their recovery journey as we would have seen before and. as a result. need a huge amount of support,
compassion and understanding from us all. In order to widen our accessibility to Volunteers before they have
been able to access NHS specialist services, with the benefit of a Dorset NHS Trust grant administered by
Dorset Community Foundation, in 2024 we formed a network with other support organisations in Ihe area so that
they are able to recommend our services to appropriate adulls who are accessing their services and we have
been able to extend our Volunteers, eXperIen￿S by placing some of them with appropriate complementary
services.
We are extremely grateful to both of our nursery managers and all our members of staff who have again risen to
the challenges thrown at them this year and demonstrated their commilment to our Volunteers and our charity.
Our Volunteers generally gain substantially in skills and Confiden￿ while they are with us.
Regular reviews of the Volunteers at 6 or 12 monthly intervals show improvements in motivation, confidence,
self-esteem, sense of belonging to a community, and gaining new skills,. with a decrease in feelings of loneliness,
isolation and admission to psychiatriG hospitals.
Tr8atment of rnental health conditions such as anxiety and depression are becoming more pe8r4ed in the
community mental health teams in an effort to offer support and understanding to those in mental distress and
we welcome this realisation of the value of peer sUPPOrt which is an important part of our ethos.
We hold many classes, events, trips and workshops throughout the year to broaden the life experiences offered
to our Volunteers including peer-led cookery and crafting sessions, days out to Kew Gardens and Boumemoulh
Beach Hut and, with the support of The Landmark Trust, a small group of our Volunteers were able to have a few
days, holiday in a historic building.
Plants and Minds actively seeks to break down the stereotypical ideas and stigma associated with a mental
health diagnosis by engaging with the local community and we are pleased to welcome school. industry and local
inleresl groups back to visit. Our Community Liaison Officer has continued her outreach activities in the year
which raises our profile in the local community.
The pandemic increased the public's awar8noss of the solace of nature and the joy of gardening and we are
always pleased to welcome back old and new customers. Our beautiful tsilor-made shop al Cheslnut Nursery
has been a great success as an inspiring place to work and to shop in and we have welcomed many new
customers for the high quality plants nurtured by our Volunleers. Th6 predominantly outdoor experience of
shopping at Chery Tree Nursery suits many, but expansion and development of the retail area there is a project
on which we have made a stsrt in early 2024 by doubling the size of our retail polytunnel. allowing us to display
many more of our plants in an environment protected from the weather. Further redevelopment of the retail area
at Cherry Tree is planned to be our next major project which will enhance the experience for our Volunteers and
customers 8nd contribute to the long term sustainability of the charity.

PLANTS AND MINDS
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
Financial review
The policy of the charity's Tnjstees is to maintain reserves at a level which provides a cushion against any
downlum in funding in order to provide security for the charity's beneficiaries. The promotion of plant sales in
recént years has allowed the charity to become more self sufficient and less dependent on grant and donation
funding for its regular activities but this, in tum, means that sustainability is more affected by ftuctuations in
demand in the horticultural retail sector. Free reseNes stood at £330,000 at the balance sheet date which
represent a little under 4 months, total running costs for the charity and the Trustees consider this position to be
satisfactory.
Funding for the charity is provided by plant sales from the nurseries, service level agreements with the local
authority, fundraising activities and legacies, grants and donations from individuals and organisations.
Fundraising activities have included events such as the Great Garden Parties at both siies, the Great Du¢k Race
in Bournemouth Gardens, a Christmas Fayre and Easter Bingo as well as a Quiz Night, Cream Tea, a Coffee
Morning at Rick Stein and a Male Voice Choir Concert. We also hosted bucket Collections. plant sales and
presentations and we were chosen as charity of the year again by the Leading Edge Networking and Ferndown
Business Network.
The Trustees are grateful to all the individuals and organisations who have fundraised and donated to the charity
and would especially like to thank:
Nomian and Jean Aish. Stephen Bailey. Aaron Barker, The All￿ Ellen Cooper-Dean Charitable Foundation,
Bournemouth Free Church . Mike and Tina Clifford, Dorset Community Foundation and NHS Dorset, Femdown
Business Network, Femdown and Parfey Rotary, The Holdenhurst Charity, Arthur and Doreen King. The Leading
Edge Business Ne￿ork, The Pitt-Rivers Charitable Foundation.
Poole Rolary, The Poyser Fund and
Westboume Rotary.
Investment Pollcy
The charity aims to maintain a prudent amount of free reserves each year and sufficient working capital to
support a seasonal trade. Having considered the long-term investments options available, the Board of Trustees
has opted for a low-risk inveslrnent policy and decided to maintain investments in a variety of deposit accounts
with UK banks and building societies which are each Covered by FSCS guarantees. Investment policies are
reviewed on an ongoing basis.
Rlsk management
The Board of Trustees has conducted a review of the major risks to which the charity is exposed. A Risk Register
has been estsblished and is updated at least annually. Where appropriate, systems, policies and procedures
have been established and are updated at leasl annually to mitigate the risks the charity faces.

PLANTS AND MINDS
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
Structure, governance and management
The organisation is a charilable company limited by guarantee. incorporated on 6 December 1989 and registered
as a charity on 12 February 1990. The company was established under a Memorandum of Association which
established the objectives and powers of the charitable company and is governed under its Articles of
Associalion. The charitable company changed its name on 1 May 2024 from Sheltered Work Opportunities
Project lo Plants and Minds.
In the event of the company being wound up, members are required to contribute an amount not ex￿edIng
£1.00.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the date of signature of the financial statements were:
James Robinson (Chair)
Vic Williams
Catherine Hosier
Keilah Towers (Treasurer)
Deborah Jam)ey
Caroline Darby Jenkins
Malcolm Scott-walby
David Whitty
(Resigned 2 April 2024)
(Appointed 10 July 2024)
(Appointed 10 July 2024)
The directors of the company are also the Charity Trustees for the purposes of charity law and under the
company's Articles are known as members of the Board of Trustees.
Trustee Selection Mothods
A range of business and ment81 health skills are well represented on the Board of Trustees. In an effort to
maintain this broad skill mix, members are requested to provide a list of their skills and update it each year. In the
event of particular skills being lost due to retirement, individuals are approached to offer themselves for election
onto the Board of Trustees. Under the requirements of the Memorandum and Articles of Association, the
members of the Board of Trustees are elected to serve for a period of a year after which they must be re-elected
at the next Annual General Meeting.
Organisational Structure
Tho Board of Trustees nomially meets quartedy with a pre-planned agenda and receives management accounts,
a written and verbal report from both nursery managers and a financial risk and funding overview, to enabSe it lo
make decisions. Plants and Minds, nursery managers report to the Board of Trustees. The power to make
day-to￿aY decisions is vested in the t￿0 managers and they hold meetings with Volunteers 8t least monthly to
ensure Volunteers are involved in appropriate decision making
Trustee Induction and Training
Most Tnjstees are already familiar with the praclical work of the chartty, having been encouraged to follow closely
the activities of the project. New Trustees are encouraged to attend the projects to observe the day-to-day
operation to familiarise themselves with the charity and the context in which it operates. These visits are led by
the Chaim)an of the Trustees and facilitated by the project managers.
Information provided lo new Trustees includes:
The obligations of the Board of Trustees
The main documents setting out our operational framework including the Memorandum and Articles of
Association.
Our Mission and Vision
Resourcing and the current financial position as set out in the latest published accounts.
Our Strategic Objectives.
The Charity Commission's guid8 'The Essential Trustee.

PLANTS AND MINDS
TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
R81ated and affiliated organisations
Plants and Minds is not connected with any other charity or company but does work closely with a number of
different organisations.
The trustees. rèport was approved by the Board of Trustees.
es Robinson {Chair)
Trustee
Dated: OG lot!￿2S

PLANTS AND MINDS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PLANTS AND MINDS
I report to the truslees on my examination of the financial statements of Plants and Minds (the charitable
company) for the year ended 31 January 2025.
Responsibillties and basis of report
As the trustees of the charitable company (and also its directors for the purposes of company law). you are
responsible for the preparation of the financial statements in accx)rd8nce with the requirements of the
Companies Act 2006.
Having satisfied myself that the financial statements of the charitable company are not required to be audited
under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of
my exafflination of the charitable company's financial statements carrted out under section 145 of the Charities
Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under
sectton 145{5)(b) of the Charities Act 2011.
Independent examlnerfs statement
Since the charitable company's gross income exceeded £250.000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examinalion because l arn a
member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confim that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charilable company as required by section 386 of the
Companies Act 2006.
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of seclion 396 of the Companies
Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a
matter considered as part of an independent examination; or
the financial ststements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Pracl¢ce for accounting and reporting by charities applicable to charities
preparing their financial statements in accordance ￿th the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102).
I have no concems and have wme across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial statements to
be reached.
FJ Wilde FCCA DChA
Warner Wilde Limited
4 Marigold Drive
Bisley
Surrey
GU24 9SF
United Kingdom
Dated:

PLANTS AND MINDS
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JANUARY2025
Current financial year
Unrestrlct•d Unrestricted
funds
funds
general deslgnated
2025
2025
Restri¢t8d
funds
Totsl
Total
2025
2025
2024
Notes
Income from:
Donations and legacies
Charitable activities
Investrnents
27,298
875,938
9.830
200
29,925
27,498
905.863
9,830
61,175
800,821
7,359
Total Income
913.066
30,125
943,191
869,355
Expenditure on:
Raising funds
Charitable activities
4.815
917.799
4,815
1,025,806
2,413
984,108
10,763
97.244
Total expenditure
922.614
10,763
97.244
1,030,621
986,521
Net expendlture
(9,548)
{10,763)
{67,119)
187,430)
(117,166)
Transfers beiween fijnds
(6,161)
3.916
2.245
Net movement in funds
115,709)
16,847)
(64,874)
(87,430)
(117,166)
Reconciliatton of funds".
Fund balances at 1 Febwary 2024
347,113
200,213
736,457
1,283.783
1,400.949
Fund balances at 31 January 2025
331.404
193.366
671.583
1.196,353
1,283,783
The statement of financial activities includes all gains and losses recognised in the year. AEI income and expenditure
derive from continuing activities.

PLANTS AND MINDS
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JANUARY 2025
Prior financial year
Unrestricted Unrestricted
funds
funds
general designated
2024
2024
Restricted
funds
Total
2024
2024
Notes
Income from:
Donations and legacies
Charitable activities
Investments
44,634
795,663
7,359
16,541
5,158
61,175
800,821
7,359
Total income
847,656
21,699
869,355
Expenditure on:
Raising funds
Charitable activities
2.413
871,974
2.413
984,108
9.427
102,707
Total expenditure
874,387
9,427
102,707
986,521
Net income
(26,731)
(9.427)
(81,008)
(117.166)
Transfers be￿een fund5
(11,506)
11,506
Net movement in funds
(38.237)
2,079
(81.008)
(117,166)
Reconciliation of funds:
Fund balances at 1 Februa
2023
385,350
198,134
817.465
1,400,949
Fund balances at 31 January 2024
347,113
200,213
736.457
1,283.783

PLANTS AND MINDS
BALANCE SHEET
ASAT31 JANUARY2025
2025
2024
Notes
Fixed assets
Tangible assets
13
842.796
908,866
Current assets
Stocks
Debtors
Cash at bank and in hand
14
15
156,693
33,312
262.492
129,787
28,705
309.650
452,497
468,142
Creditors: amounts falllng due within
one year
16
(98,940)
(93,225)
Net current assets
353,557
374,917
Total assets less current liabilities
1.196,353
1.283.783
The funds of the charitable company
Restricted income funds
Unrestricted funds- general
Unrestricted funds - designated
21
20
19
671,583
331,404
193.366
736,457
347,113
200,213
1,196,353
1,283.783
The company is entitled to the exemption from the audit requirernent contained in section 477 of the Companies Act
2006, for the year ended 31 January 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its ffinancial statements for the year in question in
accordance with section 476.
These financial stalements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on ..o£.l o e{£Ci
es Robinson (Chair)
Trustee
Company registration number 2449757 {England and Wales)

PLANTSAND MINDS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JANUARY 2025
2025
2024
Notes
Cash flows from operating a¢tivities
Cash (absorbed byllgenerated from
operations
(37,248)
4,539
Investlng actlvltles
Purchase of tangible fixed assets
Investment income received
{19,743)
9,830
(17,201)
7,359
Net cash used In investing activities
(9,913)
{9,842)
Net cash generated from financing activities
Net decrease in ¢ash and cash equivalents
{47,161}
(5,303)
Cash and cash equivalenls at beginning of year
309,650
314,956
Cash and cash equivalents at end of year
262.492
309,650
10-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUAR Y 2025
Accounting policies
Charity information
Plants and Minds is a private company limited by guarantee incorporated in England and Wales. The
registered office is Cherry Tree Nursery, Off New Road Roundabout, Northboume. Boumemouth, Dorset,
BH10 7DA.
1.1 Accounting convention
The financial statements have be8n prepared in aGcordance with the charitable company's governing
document, Ihe Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ire12nd" I'FRS 102°) and the Chartbes SORP "Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
charitable company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling. which is the functtonal currency of the charitsble company.
Monetary amounts in these financial statemenls are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concem
At the time of approving the financial statements. the trustees have a reasonable expectation that the
charitable company has adequate resources to continue in operational existence for the foreseeable future.
Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial
st8tements.
1.3 Charitable fund$
Unrestricted fvnds are available for use at the discretion of Ihe truste8s in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific
purposes. The putposes and uses of the dgsignated funds are set out in the notes to the financial statements.
Restricted funds are subject to SP8cific conditions by donors or grantors as to how they may b8 used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital musl be maintained by th6
charitable company.
1A Income
Income is recognised when the charitable company is legally entitled to it after any parfomance conditions
have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has
been notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
Legacies are recognised on receipt or othe￿iSe if the charitable company has b8èn notffied of an impending
dlstribulion, the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as
a contingent asset.
11

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Accounting policies
(Conlinued)
Gifts in kind donated to the charity for ils own use are included in the Statement of Financial Activities at their
fair value at the point of donations. Donated seNces and facililies are only included rf the charity would
othewise have had to purchase them and the benefit can be measured reliably. The value is the estimated
value to the charity of the seNice or facilty received.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. it
is probably that sottlement will be required and the amount of the obligation can be measured reliably.
Support costs are those functions that assist the work of the Charity but do not direcuy undertake charitable
activities. Support costs include office costs and govemance costs. Support costs are allocated be￿een the
charitable activities on an actual basis where that can be detemined. otherwise split proportionately be￿een
the two nurseries.
1.6 Tangible flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases=
Land and buildings
Office equipment and furniture
Motor vehicles
10 years straight liné or lease term rf longer
3 to 10 years straight line.
3 years straight line.
The gain or loss artsing on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date. Ihe charitable company raviews the carrying amounts of its tangible assets to
detemiine whether there is any indication that those assets have suffered an impaimient loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to detemine the extent of the
impaimient loss lif any).
1.8 Stocks
Stocks aro stated at the lower of cosl and estimated selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks lo their present location and condition. Items held for distribution at no or
nominal consideration are measured at the lowar of replaGement cost and cosL
Net realisable value is the estimated selling price less all estimated ￿sIS of completion and costs to be
incurred in marketing. selling and dislribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other shorl-term liquid
investments with original maturilies of threa months or less, and bank ov8rdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
12-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2025
Accounting policies
(Continued)
1.10 Flnanclal Instruments
The charitable company has elected lo apply the provisions of Seclion 11 'BasiG Financial Instruments, and
Section 12 '01her Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company
becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
the￿ is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the ass&t and setue the liability simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effeclive
interest method unless the a￿angement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as re￿1vable within one year are not amortised.
Basic financial liabilitles
Basic financial liabilities, including creditors and bank loans are initially ￿cOgniSed at transactlon price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instrumenls are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as cu￿ent liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transartion price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitable company's contractual obligations expire or are
discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
re￿ived.
Termination benefits are recognised Immediately as an expense when the charitable company is
demonstrably committed to temiinate Ihe employment of an employee or lo provide tem)ination benefits.
1.12 Retirement benefits
Payments to defined contribution retiroment bènefit schemes are charged as an expense as Ihay fall due.
13-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2025
Critical accounting estimates and judgements
In the application of the charitable company's accounting policies, the trustees are required to make
judgements. estimates and assumptions about the carrying amount of assets and liabililies that are not readily
apparenl from other sources. The estimates and associated assumptions are based on historical experience
and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Stock
Stocks are valued at the lower of cost and net realisable value. Net realisable value includes, whe
necessary. provisions for the condition of plants. Calculation of these provisions requires judgements to be
made which includes estimating the future quality of the plants
Income from donations and legacies
Unrestricted Restricted
funds
funds
2025
2025
Totsl Unrestricted Reslricted
nds
funds
2024
2024
Total
2025
2024
Donations and gifts
Grants
27,258
40
27.258
240
44,634
16,291
250
60,925
250
200
27,298
200
27,498
44,634
16,541
61,175
Donations and gifts
Cooper Dean Charitable
Foundaton
Mr and Mrs M Clifford
Boumemouth Free
Church
The Holdenhurst Charity
Barclays Match Scheme
Smaller Donations
including Gift Aid
10,000
2,000
10,000
2,000
2,000
2,000
4,000
500
4,000
500
4,000
1,500
2,441
4.000
1.500
2.441
20,758
20.758
36.693
4.291
40,984
27,258
27.258
44,634
16,291
60.925
Grants
Other
40
200
240
250
250
40
200
240
250
250
14-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Income from charitable activities
Unrestricted Restrfcted
funds
funds
2025
2025
Total Unrestricted Restrlcted
funds
funds
2024
2024
Total
2025
2024
Charltable Activitios
Sale of goods
Services provided under
contract
Fundraising
Other income
825,422
825.422
739.338
739.338
18,085
30,175
2,256
18.085
30.175
32.181
18,085
37,373
867
18,085
37,373
6,025
29,925
5,158
875.938
29,925
905,863
795.663
5,158
800,821
Income from Investhients
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
9,830
7,359
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2025
2024
Fundraising and publicity
S8eking donats'ons. grants and legacies
4,815
2,413
15-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Expenditure on charitable activlties
Charltable
Activities
2025
Charitable
Activities
2024
Dlrect costs
Staff costs
Depreciation and impairment
Nursery cost of sales
Promotional expenses
Open day expenses
Nursery maintenanc8
Protective clothing
Other staff costs
Rent
Water ratas
Volunteerts welfare
VolUntee￿S advice
Outings and social events
Travel and subsistence
Volunteer training
406.107
85.810
362,019
2.831
204
36,389
150
701
1.885
7,576
14,430
10,034
4,508
4.762
355
384,318
82,939
317,137
3,472
152
61,035
142
8,734
1,883
8,775
4,842
10,079
2,061
5,452
547
937.761
891,568
Share of support and governance costs (see note 10)
Support
Govemance
86,065
1,980
90,175
2,365
1,025,806
984,108
Analysis by fund
Unreslricted funds- general
Unreslricted funds - designated
Restricted funds
917.799
10.763
97.244
871,974
9,427
102,707
1,025,806
984,108
Net movement In funds
2025
2024
The net movement in funds is stated after chargingll¢rediting)'.
Fees payable for the independent examination of th6 charivs financial
statements
Depreciation of owned tangible fixed assets
1.980
85,810
2,365
82,938
Trustees
None of the trustees (or any persons connect8d them) received any remuneration or benefits from the
charitable company during the year.
16-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
10 Support costs allocated to activities
2025
2024
Staff costs
Accountancy fees
Light, heat and cleaning
Motor expenses
Equipment hire and rental
Printing, postage and stationery
Telephone and intemet
Bank charges
Insuran
Sundry
Govemance costs
27,178
1,360
12,861
3,677
2,290
5,566
9,074
7,975
14,266
1,818
1.980
20,844
2,213
13,175
7.094
2,357
5,729
15,827
6,644
13,448
2,844
2,365
88,045
92.540
Analysed between:
Charitable Activities
88,045
92,540
2025
2024
Governance costs comprise-
Independent examination fee
1,980
2,365
1.980
2.365
11 Employees
The average monthly numb8r of employees during the year was:
2025
Number
2024
Number
Totsl number of posts
18
Employment costs
2025
2024
Wages and salariès
Social security Costs
other pension costs
395,692
27,563
10,030
372,035
24,136
8,991
433,285
405,162
Remuneration of Key Management P&rsonnel. including employerfs National Insurance and employer's
pension contributions, totalled £79.813 (2024: £72,647).
17-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
11
Employeos
(Continued)
There were no ernployees whos8 annual remuneration was more than £60,000.
12 Taxatlon
The charity is exempt from taxation on its activibes b8cause all its income is applied for charitsble purposes.
13 Tangible fixed assets
Land and
Office
buildlng$equipment and
rniture
Motor
vèhicles
Total
Cost
At 1 February 2024
Addilions
Disposals
1,642,723
117.791
21,175 1.781,689
6,748
12,995
19,743
{1,691) 112,495)
{14,186)
At 31 January 2025
1.642.723
122,848
21.675 1,787,246
Depreciation and impairnient
At 1 February 2024
Depreciation charged in the year
Elirninated in respect of disposals
762.436
69,994
89.216
21.174
11,485
4,331
(1,691) (12.495)
872,826
85,810
114,186)
At 31 January 2025
832.430
99,010
13.010
944.450
Carying amount
At 31 January 2025
810,293
23.838
8,665
842,796
At 31 January 2024
880,287
28,579
908,866
14 Stocks
2025
2024
Finished goods and goods for resale
156,693
129.787
18-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2025
15 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
other debtors
Prepayments and accrued income
7,869
10,189
15,254
8,578
8,564
11,563
33,312
28,705
16 Creditors: amounts falling due withln one year
2025
2024
Notes
Other taxation and social securtty
Deferred income
Trade creditors
Other creditors
Accrua15
8,606
9.217
61,843
50
19,224
7,282
9,515
58,417
50
17.961
17
98,940
93,225
17 Deferred Income
2025
2024
other deferretl income
9,217
9,515
Deferred income is included in the financial statements as follows:
2025
2024
Deferred income is included within:
Current liabilities
9,217
9,515
Movements in the year.
Deferred income at 1 February 2024
Released from previous periods
Resources defe￿ed in the year
9,515
(9,515)
9,217
9,229
(9,229)
9,515
Deferred income at 31 January 2025
9,217
9.515
19-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
18 Retlrement benefit schemes
2025
2024
Defined contrlbutlon schemes
Charge to profft or loss in respect of defined contribution schemes
10,030
8,991
The charitablo company operates a defined contribution pension scheme for all qualifying employees. The
assets of Ihe scheme are held separately from those of the charitable company in an independently
administered fund.
19 Unrestricted funds - deslgnated
These are unrestricted funds which are material to the charitable company's activities. These indude
designated funds which have been set aside out of unreslricted funds by the trustees for specific purposes.
At 1 February
2024
Resources
expended
Transfers At 31 January
2025
Chery Tree Nursery: Capital
Chestnut Nursery: Capital
13,616
186,597
(1,373)
(9,390)
595
3,321
12,838
180,528
200,213
(10.763)
3,916
193,366
Prevlous year:
At 1 February
2023
Resources
expended
Transfers At 31 January
2024
Cherry Tree Nursery". Capital
Chestnut Nursery: Capitsl
2,230
195.904
{120)
(9.307)
11,506
13,616
186,597
198,134
19,427)
11,506
200,213
20 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balan￿$ of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used.
At 1 February
2024
Incoming
resources
Resources
expended
Transfers At 31 January
2025
Genaral funds
347,113
913,066
(922.614)
{6,181}
331,404
-20-

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
20 Unrestricted funds
(Continued)
PTevious year:
At 1 February
2023
Incoming Resources
resources
expended
Transfers At 31 January
2024
General funds
385,350
847,656
(874,387)
(11,506)
347.113
21 Restricted funds
The restricted fijnds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 February
2024
Incomlng
resources
Resources
expended
Transfers At 31 January
2025
Cherry Tree Nursery: Capital
Fund
Buildings and equipment funds
Volunteer activities
CAB Advisor
Chestnut Nursery= Capital Fund
Buildings and equipment funds
Volunteer activities
Chestnut computers
Dorest Communty Fund
318,525
23,543
3,306
(47,938)
(1,857)
(3,216)
(199)
{27,068)
(200)
(219)
14,002
(14,180)
1,806
284,589
7,923
6,219
417
4,323
199
390,807
276
1.147
868
364,886
944
219
1,398
23,569
(1,398)
(16.547)
7,022
736.457
30,125
{97,244)
2,245
671,583
Previous year:
At 1 February
2023
Incomlng
resources
Resources
expended
Transfers At 31 January
2024
Chery Tree Nursery: Capital
Fund
Buildings and equipment funds
Nursery aclivities
Volunteer activities
CAB Advisor
Chestnut Nursery". Capital Fund
Buildings and equipment funds
Nursery Maintenance
362,978
28.708
(17)
8,366
(45.589)
(6.381)
17
(10.507)
1250)
(27,923)
(12.024}
(501
1.136
{1,136)
318,525
23,543
2,352
5,447
250
3,306
414.180
3,250
4,550
(4,550)
390,807
276
13,600
50
817,465
21.699
(102.707)
736,457
Capital funds represents Ihe Net Book Value of fixed assets already purchased from restrirted grants and
donations and does not reflect unspent funding.
21

PLANTS AND MINDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
22 Analysis of net assets betrween funds
Unrestricted Unrestricted
funds
funds
general designated
2025
2025
Restricted
funds
Total
2025
202S
At 31 January 2025:
Tangible assets
Current assetsl(liabilities)
193,366
649,430
22,153
842,796
353,557
331.404
331,404
193,366
671,583
1,196.353
Unrestrlcted Unrestricted
funds
funds
general designated
2024
2024
Restricted
funds
Total
2024
2024
At 31 January 2024:
Tangible assets
Current asselsl(liabilities)
200,213
708,653
27,804
908,866
374,917
347,113
347,113
200,213
736,457
1,283,783
23 Related party transactions
There were no disclosable related paty Iransactions during the year (2024- none).
24 Cash (absorbed by)Igenerated from operations
2025
2024
Deficit for the year
(87,430)
1117,1661
Adjustments for:
Investmenl income recognised in stateTnent of financial activities
Depreciation and impairment of tangible fixed assets
(9,830)
85,810
(7,359)
82,939
Movements in working capital:
(Increase)Idecrease in stocks
(Increase) in debtors
Increase in creditors
(Decrease)fincrease in deferred income
(26,906)
(4,607)
6,013
1298)
8,228
(1,0681
38,679
286
Cash (absorbed by)Igenerated from operations
(37.248)
4,539
25 Analysis of changes In net funds
The charitable company had no material debt during th8 year.