Ch*vlty regi•tr•llon number SC053019 (Scotlandl BLOOMING GARDENERS SCIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
BLOOMING GARDENERS SCIO LEGALAND ADMINISTRATIVE INFORMATION Trn8t•o1 Charfty numbor Iscouandl SC053019 Prlnclyl •ddrn8• 12 B1h Plac8 Taln IV19 1FF Ind•pend•nt •xamlngr MacKenzie Kerr Liniiled Chart•red Accountant8 Redwood 19 Culdulh•l Road Invem¢s$ IV2 4AA 8•nkor8 Lloyd8 Bank plc Weslmln8ter House 4 Dean Stanley Slreot Millb8nk London Sw1 SW1P 3HU
BLOOMING GARDENERS SCIO CONTENTS OF THE FINANCIAL STATEMENTS Trustees. report Independonl •xaminerfs mpoi1 Stslemenl of fin8nclal aGtiviti88 8Alan¢e 8he81 NoleB lo thé ffinan¢lal st81omenl8 7-13
BLOOMING GARDENERS SCIO TRUSTEES, REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024 The trustees present Ihelr annual pOrt and finarrid 8lalemenl$ for th8 period 8nded 31 D9cember 2024. The finanaal slal&ments hav$ ba8n prepaigd In OrdanCe wlth th• accounting policies sel out in note 1 to the flnanci81 statements and comply wilh the charity's govefning document, Ihe Charillès and Truslee Investment (Scollandl Act 2005. the Chaillies Actounls ISGollondl Regukllons 2006. FRS 102 "The Financial ReKKsrting Standard applicable in Ihe UK and Republic of Ireland" and Ihg Charities SORP "Accounting and Reportbng by Ch&iilies.' Statement ol R8comrnended Practice applicable lo charities preparing Iheir accounts in accord8n¢e wrth the Flnancial Raportln9 Standard applicablo in the UK and Republic of Ireland {FRS 1021" Obloctivo1 •nd &etlviti•• The organi881ion's purposes or• lo support peoplè in Eastor Ross with potentlal excluslon issues, prlncipally, bul nol exclusively. learning disabilltl68 (hereafter referred lo a5 th& client group) through involvement in hOrt1lture safe and 6upportlv¢ environrnenl, Ih&reby promoting,, Th• advancamenl cf the physical and mental health tsf tho cllenl 9roup by promollng and suslalnlng cardlova8culai health and good levels of mobilrty through engagement in tho phy51cal aclivititrs ot gardening. by promoting gnd 8iislalning good mental he811h gnd omollongl w8llbèing Ihrough gngagemenl In gardening and the 8UPPOrt ol the nortlculluiAI tralner8. The advancemènt of eduaalion by Proding the c15enl group with Ihe opportunRy lo dgvglop new and Irgnslerable $kill3 under the guidance ol 8killed horticultural Ir8lnerB. The advaneemenl of clllzen$hlp and cornmunlty d8velopm&nl through encouraging SOCA81 Inclugion.. by providlng the opportunity lor our cll&nl group lo develop now friend8hip$ by involving volunl08rs and community groups in hort'cultural and nalure-b88od projects wbth the dbnl group. Tho advancement of the proleclion and improvement ol th• onvironmenl.. by as8181ing the dionl group In devgloping aw8ren988, undèr818ndlng and ro6pon81blllly fol Ihfjlr natural 9nvironrnenl by uslng onlOnonI911Y-frlendIY hortlcullural pracllces.
BLOOMING GARDENERS SCIO TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Achlevemonts and p#rfomianco significant8clivllies and achi8vem&nts against obJecNves 8IDOtnlng Gardeners i¥ a well-eslablished Iherapeulbc horticultural project for adutts wlth leamlng disat41ilies and neurodivergent conditions. It wa$ originally sel up in 2019 as a CommunSly Inl•resl Company ICICI in October 2019 but was granted charity sl8lu$ as a SCIO in December 2023. This is therefore our first IIu8lees' r8PQrt. The project is managed by a board ol volunl&er Iru51ee8 worklng in close co118borBtion wllh thè h0Cultural tTain8rs. One new Iruslee was cruIted in 2024 and co-opted on lo th$ board, bringing the number ol bDard members lo 6. The Boaid rnel 10 Ilme8 in 2024. The prtICall1S of Ironsitioning from CIC lo SCIO w?r& succe38fully negolialed, ircluding new staff conlrncls, bank aunt, publlcity leaflets and other do¢urnenlB. Throughout 2024. we ntInU8d to offer our gardeners a wide range of actlvllSes. Induding plant production, fruit and vegetable growlng, soft landscaping and garden ma1180n1 under the Skilled guidance of our 3 part-t5me professional horti¢ullural trainers. We worked al Nvo main sil08 Tho Green Welli• In Barbaravlne and The Figld In Alness. The u8e ol g third Sile, Thè ARK, in Inv8rgordon, was granled lo u¥ durlng the Covid-19 pand8mic. Unfortunately, il is largely LJnd8f wat8r In winl&r so conditions have not allowed lor development plan$ lo be ieali8ed. We enjoyed regular input from a number of volunteer8 worf(ing olongslde snd builJing good r•lallon6hlps wllh tho gardeners and have estab118hod Ilnks wllh & local spedgl $¢hool. A group ol Ih8lr senior pupi18 vlsS1 weekly glvirbg thorn the opportunity to galn gardenlng expgrienc8 In our beauuful selllngs. Qur gardeners benefit 800ially from being a part of Blooming Gardeners SCIO, 8nloySng 8 frlendly, supportlve worklng environment and a r•ady-made peer group In whlch frlènt1shlps dwelop. Thelr parents I guardians 8130 ry much 8ppreclale re6ptte from Ihelr carfng dulles, secur& In the knowledge Ihal the gardener8 418 safe and well. supported. The group enjoyed th• 8nnu81 oullng8 lo Cromarty In iha summ8r ind lo Rollerbowl In Qo¢ombw and there w85 also a vi$ll from Santa Claus al the Carols and Mlnce Pies party al Chilslmas. Our annual P18nl Sale in June w88 a gr&al $UCCOB8 A8 wa8 an OFen Day In Augu511o whlch Iocgl group5 worklng with people addltlonal support needs were Invll8d. Links lo other community groups were slrenglhened through repfesernlalion al the Soclal Enl8rpriBe Aca¢Jmy •venl al Eden Court and the VolunloarB Falr al The Fièld In Alng58 in June. Thare was a150 a visit Irom Thurso Comrnunity Gardens in July lo share inlormalion on each olh8r's projects and polenlbal future developments. A selection of lh• wonderful produce grown 81 The Field in Alne88 19 donated weekly in thè summer month8 to local food bank8. In Ihe course tsf the year, we bld far8W81110 3 of OUT gardeners and welcomed 4 new ongs, ending the yèar wf(h 15 gafdeners, of whom in¢r88$ed the number of day¥ atlonded weekly. Flnon¢lal r•vlow The lolal unreslri¢le¢J ftjndg al the bolance shoel dat¥. bglng Ihose funds available for us8 al the discretion of the trusleBB in furthèrance of thalr charitable objectlve8, wa9 £33.841, R9S9rvgs policy The Tru51ees are of the opinion that formally b8nchmarkn.ng a specillc largel level of resgrvgs Is nol wholly 8pproprlate for the charity and Ils actlvllles. In th8 oplnion Df the Truslees, Ihe as5e15 of the charily are however available and adequate to fulfil its objects. M4orrisks The Iruslee8 has assessed the major risks lo whl¢h the charity 13 exposed, and aro sats'sfied that Systems ara Sn place lo miligalg exposuco lo the rnajor risks.
BLOOMING GARDENERS SCIO TRUSTEES, REPORT (CONTINUED FOR THE PERIOD ENDED 31 DECEMBER 2024 Structur•i governance and m8n#gement Tha charity is a Scottlsh Charitable IncoTporatod Ofganisalion with charity number SCO53019. Thè maxlmum numbèr of charity Iruslees is 12 and the mlnimum number is 4, wllh no more than 2 who are COwOPted. Th* thJ8tèè$ who garv8d durin th8 period and up lo the dale of signature of the flnanclal slalemenl¥ were.. Rgci{1nI 8ncl appointlFl8llt ofirusla6S At each Annual Genar81 Meellng, m8mbèr8 may elect any ollglblè member lo b8 a cknarily Iru81ee and the board may al any Ilme appoint any eliglble membei lo be a charity Irusl¢e. In 8ddillon, the board may al eny bme appoint any non-member of the org8ni8811on lo be a charity Iru$ltse on th8 ba8iS that they havo $pociali81 exp8riercg andlor 8ki118 which could ba of a8sls18nce to the boord. Th8 Irus19ès' rèport was approved by the 8oard of Tru81888. Dal8.' ....
BLOOMING GARDENERS SCIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLOOMING GARDENERS SCIO I report on th• financlal statements of the charity for the perio¢J ended 31 Dgc8mber 2024. which arg 8&t oul on pages 5 10 13. Regpectlvg r•8ponslbllltl•rh of tru8t•9g and ex•mln8r The charity's trusièes arè rasponsible lor thè pr•par81Ion of the fmanclal slalemenls in accordance with the lems of the Charities and Tiuslee Inv8Stmenl (Scollandl Act 2005 and the Charities Accounts (Scolland) Regulations 20. The chartly trustees ryinsider that Ihe audit requirmenl of Regulation 10{1){a).Icl of the Chailues Accounts (Scollandl Régublions 20C6 does not apply. 11 is my r88pon6ibility 1¢ examine the ffn8n¢ial slalemen18 88 rUIred under $8ctlon 4411llcl ol th& Charllles and Trusle& Invèslmenl Iscollgnd) Act 2005 and to statg whether partlcular matters have come lo my allonllon. Bas1$ of Ind•p•nd•nt •xamln•rf• •tst•m•nt My examlnalS01i is carried out Sn adance wllh Regulation 11 of the Chadli&s Account5 (Scollandl Regulations 2006. An examinAlk)n includes a reviow ol the accounling recoids kopl by the charSly and a cornparSson of the financial slalemenls prasenled with those record8. 1181$0 include8 consideration ol any unusual il8m8 or disclosures In the finèn¢lal 8t4lemenls, and $¢eklng explanallans from the Iruglees concerning any such m8tter8. The wocedures undert8k&n do not provide all th8 evidence that would be requbred In an audll, and consequently l (J) not 8xpre8s an audit oplnlon on th8 view glven by the financkg181alfjtnenls. Indep•nd•nt gxamlnef• 8tat9m•nt In thè cours• ol my examlnallon, rKJ m811er has com6 le my attantion 1. which giv8s Me reasonablg ¢auBe lo bellev6 ¢ho1 In any rnaler181 respect the reouiremenls.. lo keèp 8ccounllng r8cords In accordance wllh Secllon 441111al ol the Charities and TruJleé Inv•strnenl (Scollandl Acl 2005 and Regulallon 4 01 th8 Charilles Account8 IS¢olland} Regu18tions 2006, and lo prp8re fy'n8ncial 8lalernenl$ which accord with Ihg accounling record8 and Comply wSlh Regulauon 8 01 the Charities Accoun15 IS¢oll8ndl Regulallons 2008 have not been mel, or 2. to whl¢h, in rny opinion. allentlon should bo diawn in order lo engbl8 8 proper undarstandlng of the financial slal¥m8nts to b8 reached. MacKÈnzi8 Kerr Lirniled Chartered Accoun18nt8 Retsoo 19 Culduthol Road Inverness IV2 4AA
BLOOMING GARDENERS SCIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 DECEMBER 2024 Unr¢strictsd fund¥ 2024 R•¥trictod fund¥ 2024 Total 2024 Nots• Incorne from: DOnaon5 and legacoes Charilab19 activitles 21,308 73,520 10.894 32.202 73.520 Totsl In¢omg 94,828 10,894 105,722 expendltum on: Charilable a011lIeS 62,487 9,394 71,881 Total expendltur• 62,487 9.394 71,881 N?1 Incom• 32,341 1,500 33,841 Transfers beeen funds 1.500 11,5001 N•t moY•m•nt In lund• 33,841 33,841 R•Gon¢lllatlon of nd¥. Fund balances 0119 December 2023 Fund bal4n¢•• at 31 Dgc•mb•r 2024 33,841 33.841 The slalemenl of financial activllles Sndvdos all gain8 and 10989$ rgo)gni$•d in the pedod. All incomè and •xper#Yilurg darive from conlinulng acti1198.
BLOOMING GARDENERS SCIO BALANCE SHEET AS AT 31 DECEMBER 2024 2024 Not•8 Flxed aBsots Tanglbl8 assets 10 17.522 Curr•nt •8••ts Ca8h al bank and in hand 17.875 Crndllorn: amounts f•lllng du• wlthlm on• yoir 11 11,5561 Not ¢urr•nt •8B•t• 16,319 Total a•••ts l••• Current Il•bllltl•• 33.841 Th• fund¥ ofth• ch•rlty Unre61rlct8d lund$ 14 33,841 33,841 The fiTrAnr,iHI s18tF*mpnlA W818 Appfov8d by the tru8leeB on . .1.1:.9.1.: 24"
BLOOMING GARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Accountlng pollcles Charity Inforn)atlon Blooming Gardtsners SCIO is & Scottish Chwitabla Incorat•d Organisalion (SGIOI with tharity number SC050319. 1.1 Roportln9 p•rfod The SCIO was fomied on 19 08cember 2023 wlth th8 8nd of As fifst aGGountlng perlod being 31 December 2024. As a r8sult, there ar8 no comparallv8 figures. 1.2 Accounting convgnlion The financial stalemenl8 have been prepared in 8ccordaficg with the ¢harlly'$ 9oveming document, th¢ harilie8 and Trustee Inveslmènt (Scollandl Act 2005, the Charitl8s Accounts Iscollandl Regulations 2006, FRS 102 "The Flnanclal Reporting Standard 8pplicable in the UK and Republlc of Ireland" and the Charfllgs SORP "Accounting and Reporting by Charilles." Slalemenl of Recommended Practice applicable to Gharitles preparlng Ihèir accounls in acctsrd8nce with the Financial Reporting Standard 8ppli¢able Sn the UK and Rapublio ol Ireland IFRS 1021. The chanty 18 a Publlc 8engfil Enllly aB d¥fin8d by FRS 102. The charity has lak8n ¥dv8nlago of the provlslon$ In Ihe SORP for chadtl08 not lo prepare a slalement of cash flows. Tho financlal slalemenls are pieparfjd in slerling. which 18 Iho fun¢tlon81 currency ol the charlly. Monalary amounts in these financial glalemenl8 ara rounded lo thg noare81 £. Tha flnaneigl stalernenl8 have boen prepared uThJer Ihe hl$torfcal cost cGY)venlion. The prlncipal accountlng policie8 adoplad are sel out below. 1.3 Golng conc•m Al the lime ol appron9 the financlal sl8lèm8nl$, th8 truste85 have a reasonable expe¢lallon that the charly has adequate rèsources lo conllnue In opeialional exislence for the foreseeable future. Thu8 th& Iru$l•a8 ontlnue lo adopt the going concern boJi$ ol acctsunllng in preparing the financlal slalèm&nt8. 1A Chirftsble fund• Unr8611icled funds ore available for use al the dl$Gretlon ol the Iruslees in furthgronco of Ihelr charilabla blecllve8. Restricted lund8 are sublect ID 8pècSllc condillons by donors or grantors as lo how thèy may be used. The purpoB8s and uses ol the rè8lri¢ted funds aro $01 out in the notes lo the financial stslements. Endowrnent funds are subject to spac1¢ ¢ondlllons by donors th81 Ihg capllal musl bg maintained by the chaFrty. 1.5 Incorne IncA)mè is r8cognised when the ¢haiily i318galty 8nliUed to il after any perfOman conditions havg en mel, the amoun18 ¢an be rneasuitrd reliably. and il 1$ probable U)at incom9 wlll be rec*ivad. Cash donatlons are recognlsed on ceIPt. Other donation3 are recognised once lh¢ Charity has bwn Trolifièd ol the donation, unle85 performance condrtions requir8 dèforral of Ihg arnounl. Income lax recoverable in relation to donations recebved under Gift Aid Of deed5 of covenant Ss recognlsed al the time of the donation. Lega¢ie5 are recogni5ed on receipt or otherwise il th8 charity h88 been Thotifd ol an Impendlng dlslrlbullon, the ornounl is knDwri, and rocelpl Is exFeCted. 11 the arnounl is not known. Ihe legary is Irealed as Gonlingenl asset.
BLOOMING GARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Accvundng poliGlO¥ (Continuedl Incom8 from govemment 8nd other grBnts, whether'capitav yrants or'revenue, grwls. is recognised when the charity has antill•menl lo Ihg funds, any performance ¢ondilions allached lo the grants have b8en mel. 11 Is probable that the income will be received and the arnounl can be measur8d reliably and is not deferred. Grants are defeired wher8 the performance condllions hav8 not yel b8en met, although amounts hav• bgen rgceivad and are ¢8rriéd forward un1 these condillon6 ara achieved. Income from Intere81 18 recogni8ed when It Is rocèN8d. 1,1 Expendltur• Exp&nditur& Is re¢ogni$ed once Iherg is a legal or ¢onslrucliv8 obligallon lo Iransf8r economic benefit lo Ihlrd party, 11 is probable that 8 Iransf&r of econornic b8nefits will be r8quired In sètllemenl, and the amount of th8 obligatK)n e8n b& measur8d rellabty. Expendiluw 5$ accounted for on an accruals basls and has bèen cla$sifi8d under heAdings that 8ggr8g8t8 all costs relalorj lo Ihg calogory. whe costs cannot be directly attn'bule¢J lo partl¢ular headlngs they h8ve been alkx81ed lo acliwlies On a b8sls consi81enl wlth th8 u8e of resources. 1.7 TanglblB flxod a•$•ts Tanuible fixèd asse15 are In1allY measured al cost and subsequently measured 81 cost or valuallon, nal of depreciall¢M 8nd any impairmenl10s8gJ. Depreclallon Is recognlsed so as to wrlle off the cool or valuallon of a8selJ less thelr residual values over their useful Ilve6 on Ihe followlng bases.. Plant and equlpmant 20% on ¢061 Thè galn or kjss ari8irsg on the dlsposal of an as6et18 dalèrmSn•d 88 tha differenc8 belw88n th8 sale prod$ and the carrying value tsf the a$t. And Is reeognlsed In the stalem8nt ol financial activ195. 1.8 Imp8lnn•nt of fix•d a•*•ts Al each reporting and da18. the charily mvlews the carylng amounts of Ils tanglblts ass818 to dg18mlne wheth8r there Is any indlc8llon that Ih08e 8ssel$ have suffered an impairment loss. If any such Indl¢allon ex151s, th& recoverable amount of the as3el 18 &$limaled in order lo dolgrmlne the exl&nt of tha impairnenl 10881118nyl. 1.9 Ca¥h and cash equlvalent• Cash and cash equivglents indude cash kn hand, dapoBlts helij al call wlh banks, other short-terrn Ilquid inveslmgnts with original maturiligs ol thro9 monlhB or less, and bank overijrafts. Bank overdrafts are sh¢)wn within borrowbngs In curreni liabllllles. 1.10 Flnancial in8trument8 The charity h83 elected lo apply the provlslons of Secb'on 11 'eask Flnandal In8lwmenls' and Section 12 'Olher Financial Inslrumanls Is8ues' of FRS 102 to all 01118 finanaal Inslrurnents. FSnancial iThslrurnenls are recogni5ed in the tharitls balance sheet when the charity beccynes party lo the colltraclual provispJn8 of the Instrument. Finan¢ial assets and liabilitias arg offset, with the nel amouTr15 presented in the financial sl8t•menls. when thère is a legally enforceable right to sel off the recognlsed amounts and Ihgfe Is an intention to 8?IUe on a net basls or lo realise the a5581 and setle the liability 81multaneousty.
BLOOMING GARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Accounting poli¢i•s (Continu) 8aJl¢ Iln•ncial a¥80ts Basic financlal Jssels, which Indude debtors and c2sh and bank balances. are Initially measured al transaction pric& induding Ifansactlon cosls and are 5ubs8quentty Cared at amorti8ed co81 using the effectlve inlwest method unless the arrangement constltules a linan¢ing trans8cllon, where the Iransacllon Is measured al the wesenl value ol the fulure reip1s di8counl&d at a market r810 of interest. FInan0 ass818 cl8¥8ified as receiv8ble within one year ara not amortised. B&Jlc fin•n¢l•l Il•blllll•$ Basic financial liabilities, indudlng creditors and bank loans are Inf(I8lly rgco9nised 41 Ifansaction prlce unless thg ariangomenl conslilules a finanryng tran8acllL, vth8r8 Iho debt Instrument Is measured al the present vBlue of the luture p8ymgnls dlscounled al a morkgl rale of Inlor¢$l. Financial Ilabllities classified as p9yoble wllhin one year arè not amortlsed. D8bl instruments alè subsèqu8nlly carrled 81 amorti8od c08t, U81ng th8 eff&¢tlve Interest ral8 method. Trade creditors are obligallons to pay for goods or geGeS that have been acquired in tho ordinary course ol operaVon$ from 8upplittr8. Amoun18 P8yabl8 ¥rv clagsified as currènt li8biliti•s il paymgnt Is due wlthln on8 yew or less. If not. Ihey 8r& prè8ènt8d 88 nonwcurrenl Ilabllllles. Trade crgdilor5 arg iectsgnlsed initially al tran8acUon prlc8 and 8ubsegu&nUy meosur8d Il amortl8ed cost u8in9 th• eff•¢tfve inlere8t method. Derecognltlon of flnan¢l&l Ilabilille Flnanclal Ilabililie8 are derecogni8èd when Ihe tharily'8 conlra¢lug1 oblSg&licn8 expe or 8re d18chorgod or eancelled. 1.11 Emplo• benellts The cost of aThy unusod holiday enlitlemenl Is r8cogniB8d in the pgrSod in whKh the empby8•'5 8èrvlce8 8re i$c&iv8d. T8rrninallon bgnefils ar8 reco9nlsed Immediately as expens¢ when Ihe charity is damon8trab commilled lo terminalt the employment of an emF4oyeè or lo provide lermin81ion benofils. 1.12 Rètlroment bgngfjts Payments lo definad conlrfbutlon rets"rgmgnt bonoffl18chemg8 oro chargèd 88 an expense as Ih8y fall due. Income from donatl•no •nd lag4ci• Unr¢¥trlcted R•Btrlctsd fund8 fund8 2024 2024 Totsl Z024 Donations and gifts 21.308 10.894 32.202
BLOOMING GARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 kncomo Irom chirltable aGdvltl•g Unr•$lJlet•d rund 2024 Totsl 2024 Gongral actlvltle• Plant sales. el SDS lee income 3.822 89,898 3.822 69,898 73.520 73,520 Expondltwe on ch•rltsbl• •¢tlvltl•i G•noAI •thlvltl•8 2024 Dlrnct ¢o•t* Staff costs DepreTr81ion and Impalnnent Plant purcth8098 Materials Tools and ¢lolhlng Premlse$ Insurance SubBislenc Computer and Sotharg Equlpmgnl hlra Offiog machlnè malnlononcft Repairs and renewa18 Premises expensas Vahlcle expgn$g8 48,847 4,130 7,436 4,607 1,014 49 1.293 333 1,820 100 189 253 180 70,237 Share ol•upport and governanc• {••• not• 51 Support Govarnanc 80 71,881 Analysis by fund Unrestricted funds Re$lri¢led funds 82,487 9,394 71,881 10-
BLOOMING GARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Support Goslg allocat•d to actlyiti Ggn•ral acllvltlg$ 1024 Subscripllon Governancg 80 1.504 M•t mov•m•nt In lund• 2024 The not movement In funds Is stsled aftar tharglngllcredlllng): Fees payable for the independenl exarnlnallon of Ihe chailtls finanrlal 8lat¥ments Depra¢i4llon of owned tangible fixed a556ts 500 4,130 Tru#t••8 None of th8 tru81e&8 lor any person8 conn8Cted wlth them) received any r8munerallon or beneffts from the charfty durkng the period, Employe•• The ay¥rag& monthly numb•r of •mplOYe durin9 th• period wa8.. 2024 Numb•r Employment co•t• 2024 Wage8 and salarie8 Olher pOnon cost8 46,496 2.351 48,847 There were no omploygos whose annual romuneration was mcirg than £60,000. R•mun•r•on of k•y man•g•m&nt p•rnonn•l The Irustee8 are the key managemenl per8onng1 oflh$ charlty and gr9 rKIl r8muner8ted. Taxatlon Tha charity is ex&mpt from laxation on it$ adivllies b8cause all 118 Ir0m• is apled for charitable purpose8.
BLOOMING OARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 10 Tanglbl• Ilxed aalots Plant and •gulpm•nt Coyt Additio 21.652 Al 31 Decembèr 2024 21,662 Doprnclatlon and Impalrm8nt Deprecballon charged in the period 4,130 Al 31 Decembar 2024 4,130 Corrylng amount Al 31 December 2024 17,522 11 Gr•dltorn: amounts falllng due wSthln OD• y•ar 2024 Awrua16 and deferred Income 1,556 12 R•llrem•nt b•n•fit schem•o 2024 Dgllned contr1bu1lo •chem•• Charge lo profit or loss In r&8ped of doftned COntrtIOn 8ehome8 2,351 The Gharfty operates a deflned conlribulion pen8lon 8ch8me for all quallfying 8mpl¢)y•o6. Th8 a6$èts of Ihg 8chème aTO held Beparalety from thoso of the charfty In indepèndently 8dminislered fund. 13 R••trlet•d fund• The reslrlctgd funds of the tharty cornprlse the unexpended b8lanc8s of donations and grants hèld on trust 5ublecl lo specrfic condihons by donor5 as lo how they rnay be used. At19 Do¢•mber 2023 In¢omlng re¥oyrc•4 Trnn•f•rn At31 Dgc•mbgr 2024 exp•nd•d Hlghland Comrnunltr£s Mental Health & Wellbeing Fund The Arnold Clark Community Fund 9,894 18,394) 11,5C(JI 1,000 {1.000) 10,894 {9,394) 11,$001 12
BLOOMING GARDENERS SCIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 13 Re•trl¢tsd lund# Icontlnuodl Tran8fer of funds A transfer of £1.50Q has been made from lh& ro$tricted fund lo th8 gerneral fund lo reflect the granl lunding received for a new Shed whlch has been purdias8d and Is now shown under geneial fixed 88801s, th8 reslrlGlion havSrvJ be8n met. Hlghlthnd Communltie¥ M•nt•l Hgalth & Wgllb•lng Fund Grant fundlng recelved from th8 abovg fund 10 be 8p•nl on 8 wi)odbuminu stove, shed, and compost and mal#rlAI. The Amold Cl•rk CommunSty Fund Grant lundlng racelved frorn the above fund for tho wrchase of wood for Cold f(ame¥ and blrd boxe8. cornpost, pl8nts, $awblade8. and gard8nlng gloves 14 Unre•trlctgd fund• The unr&slrlc18d fvnds of the charlty ¢omprl8& th8 unexpend&d balance6 of donallons and grants which are not subject to 8peclff¢ ¢ondillons by donors and grantors as lo how they may b& usèd. These indude dtsslgnaled funds whlch have bten sat aside out of unrestricted lunds by the Iru8tBg8 lor speclfic purp06es. Ro•our¢es TMnslerJ At31 •xpend•d Dgcembor 2024 At19 D•cgmb8r 2023 Incomlng rg¥oure•g Gener91 funds 94,828 (82,487) 1.SCQ 33,841 15 Reljted party tr•nsactlon• There werg no di8clo8able related par1y transaction8 duiSng th¢ period. 13