The Landworkers' Alliance

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09386794

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	36,164		41,000
Debtors	5	30,886		185,174
Cash at bank and in hand		908,267		680,963

		975,317		907,137
Creditors: Amounts Falling Due Within One Year	6	(657,350 )		(629,714 )

NET CURRENT ASSETS (LIABILITIES)			317,967		277,423

TOTAL ASSETS LESS CURRENT LIABILITIES			317,967		277,423

NET ASSETS			317,967		277,423

Income and Expenditure Account			317,967		277,423

MEMBERS' FUNDS			317,967		277,423

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The Landworkers' Alliance

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Rebecca Stevenson

Director

22/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Landworkers' Alliance is a private company, limited by guarantee, incorporated in England & Wales, registered number 09386794 . The registered office is 7 Dunvegan Road, Penryn, Cornwall, TR10 8HJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is predominantly donations and grants, and some revenue earned from the sale of goods.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.

...CONTINUED

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The Landworkers' Alliance

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Government Grant

Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.

All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

2.6. Non-government grants - departure from FRS102

The directors have complied with accounting standards and applicable legislation to the extent necessary to give a true and fair view. The accounts depart from accounting standards in that unspent non-government grants and donations of £534,631 have been deferred into the following period, instead of recognised on receipt as required by FRS102. The grants are in substance the same as government grants, so it was felt that the accounts would give a distorted view of the performance of the company if it recognised the income in this period, rather than the accruals method as permitted for government grants under S24 FRS102.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 32 (2023: 32)

4. Stocks

	2024	2023
	£	£
Stock of goods	36,164	41,000

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The Landworkers' Alliance

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	20,672	57,520
Prepayments and accrued income	3,769	117,639
Other debtors	5,248	7,793
Deposit (to be returned)	1,000	1,000
Loans to staff	91	662
Other taxes and social security	-	560
Net wages	106	-

	30,886	185,174

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	73,331	64,670
Other taxes and social security	2,503	-
VAT	5,104	4,825
Net wages	-	553
Accruals and deferred income	576,412	559,666

	657,350	629,714

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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