REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
Tickwood Care Farm |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
Tickwood Care Farm |
Tickwood Care Farm |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Report of the Trustees | 1 | to | 2 |
Statement of Financial Activities | 3 |
Statement of Financial Position | 4 | to | 5 |
Notes to the Financial Statements | 6 | to | 10 |
Tickwood Care Farm (Registered number: 08341176) |
Report of the Trustees |
for the year ended 31 December 2023 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The objectives for which the charity is established are for the public benefit to advance education and to provide recreational and leisure time activity in the interest of social welfare for people who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons. |
Significant activities |
This year saw the ending of the 20 year relationship with Severndale Specialist Academy and Futures by way of a change in the leadership in both school and Academic trust who don't believe in the benefits of the great outdoors for children with disabilities though they didn't bother to inform us. |
Smallbrook School continues to come but in week blocks rather one day a week. They were thus able to increase the scope of activities and indeed produce some amazing products but also profound change in their pupils. |
The home educated groups doing forest school continued to enjoy their weekly forest school visits and has grown in numbers over the year. |
The camp ground for the Duke of Edinburgh awards has been finished and was a very successful addition to the facilities and provided the base for three groups doing their bronze awards. The project undertaken by volunteers from the civil service in Birmingham this year was the renovation of the fruit cage in the walled garden. |
FINANCIAL REVIEW |
Financial position |
The Trustees consider the financial position of the charity to be satisfactory. |
FUTURE PLANS |
The charity plans to continue the activities outlined above in future subject to satisfactory funding arrangements. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Tickwood Care Farm (Registered number: 08341176) |
Report of the Trustees |
for the year ended 31 December 2023 |
Registered office |
Trustees |
Bankers |
Skelmersdale |
WN8 6WT |
Approved by order of the board of trustees on |
Tickwood Care Farm |
Statement of Financial Activities |
for the year ended 31 December 2023 |
2023 | 2022 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Other |
NET INCOME/(EXPENDITURE) | ( | ) | ( | ) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 7,048 |
Tickwood Care Farm (Registered number: 08341176) |
Statement of Financial Position |
31 December 2023 |
2023 | 2022 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 | 258 | 358 |
CURRENT ASSETS |
Cash at bank |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 5 | ( | ) |
NET ASSETS |
FUNDS | 6 |
Unrestricted funds | 7,048 |
TOTAL FUNDS | 7,048 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Tickwood Care Farm (Registered number: 08341176) |
Statement of Financial Position - continued |
31 December 2023 |
|
The financial statements were approved by the Board of Trustees and authorised for issue on |
Tickwood Care Farm |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Intangible assets |
|
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Tickwood Care Farm |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
2. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2023 | 2022 |
£ | £ |
Patents and licences amortisation |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
4. | INTANGIBLE FIXED ASSETS |
Patents |
and |
licences |
£ |
COST |
At 1 January 2023 and 31 December 2023 | 1,000 |
AMORTISATION |
At 1 January 2023 | 642 |
Charge for year | 100 |
At 31 December 2023 | 742 |
NET BOOK VALUE |
At 31 December 2023 | 258 |
At 31 December 2022 |
Tickwood Care Farm |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
6. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.1.23 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 7,048 | (4,921 | ) | 2,127 |
TOTAL FUNDS | (4,921 | ) | 2,127 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 9,857 | (14,778 | ) | (4,921 | ) |
TOTAL FUNDS | ( | ) | (4,921 | ) |
Comparatives for movement in funds |
Net |
movement | At |
At 1.1.22 | in funds | 31.12.22 |
£ | £ | £ |
Unrestricted funds |
General fund | 18,465 | (11,417 | ) | 7,048 |
TOTAL FUNDS | 18,465 | (11,417 | ) | 7,048 |
Tickwood Care Farm |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
6. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 4,624 | (16,041 | ) | (11,417 | ) |
TOTAL FUNDS | 4,624 | (16,041 | ) | (11,417 | ) |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.1.22 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 18,465 | (16,338 | ) | 2,127 |
TOTAL FUNDS | 18,465 | (16,338 | ) | 2,127 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 14,481 | (30,819 | ) | (16,338 | ) |
TOTAL FUNDS | 14,481 | (30,819 | ) | (16,338 | ) |
Tickwood Care Farm |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
7. | RELATED PARTY DISCLOSURES |
Included in other creditors falling due after more than one year is a total of £5,500 due to Mr E S Dugdale, a trustee of the charity. |