The Cabbage Patchers (company limited by guarantee ) Report of the Directors for the year ended 30 June 2020
The directors present their report and audited financial statements for the year ended 30 June 2020. The directors of The Cabbage Patchers who served during the year and up to the date of this report
Structure, Governance and Management
The Cabbage Patchers is governed by a voluntary board of directors. The directors meet during the year to make management decisions on areas such as future projects and funding applications. The Cabbage Patchers have made new appointments to the board, to enhance the knowledge and expertise of the organisations’ management.
Risk
The directors have actively reviewed the major risks which the charity faces and believes that the charity has sufficient resources in the event of adverse conditions. The directors have also examined other business and operational risks, which the charity faces and confirm that it has established systems to mitigate significant risks.
Objectives and Activities
The objectives of the charity are to promote the benefit of the inhabitant of Warrenpoint and its environs, without distinction of sex, sexual orientation, age, race, ethnicity, or political, religious or other opinion by associating with the community and voluntary organisations, statutory authorities and inhabitants, in a common effort to:
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Provide community gardening facilities and amenities:
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(i) to relieve those in need by reason of youth, age, ill-health, disability, social isolation, financial or other disadvantage;
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(ii) to provide opportunities for training and work experience;
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(iii) to advance the education of the public by encouraging their participation in gardening projects and to raise awareness of the health benefits of taking part in gardening;
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(iv) in the interests of social welfare for recreation and other leisure time occupations with the object of improving the conditions of life for all of the said objectives;
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(v) to facilitate programmes that assist vulnerable people and those deemed to be at risk.
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To advance community development by providing facilities and amenities for community and voluntary groups and organisations.
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The Cabbage Patchers
(company limited by guarantee ) Report of the Directors for the year ended 30 June 2020
Achievements and Performance
During the year ended 30 June 2020 funding for projects and running costs was secured from The Soil Association, The Federation Of City Farms and FSD9 The Asset Recovery Agency)
Financial Review
Overview of Performance
For the year ended 30 June 2020 The Cabbage Patchers achieved a surplus of £1358.88
Incoming Resources
Total incoming resources for the year ended 30 June 2020 were £3952.66
Balance Sheet
At 30 June 2020 the cash position of The Cabbage Patchers showed cash in bank of £1768.16
Reserves Policy
The charity’s policy is to maintain a level of free reserves which meets the needs of the organisation both at the current time and in the foreseeable future. Free reserves are its total funds excluding restricted funds, designated funds or income funds which can only be released by disposing of fixed assets held for charity use.
The Cabbage Patchers had £1768.16 reserves at 30 June 2020, which were restricted reserves.
Plans for Future Periods
The Cabbage Patchers have now secured a new community garden and social hub in Warrenpoint and plan to continue to provide gardening facilities and amenities for the wider community and develop the site to widen access and continue to work with the relevant organisations such as Youth Justice Agency , Volunteer Now, Age NI, Health and Social Care Trust, local schools etc on specific projects using the new social hub facilities.
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The Cabbage Patchers (company limited by guarantee ) Report of the Directors for the year ended 30 June 2020
Statement of directors’ responsibilities
The directors are responsible for preparing the Directors’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors, to prepare the financial statements for each financial period which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgements and estimated that are reasonable and prudent;
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State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charitable company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
On behalf of the board
Henry Hughes Director
Date
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