Thrive Horticultural Therapy Organization's Annual Report - March 2010
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3. Thrive Annual Report and Financial Statements Year ended March 2010
Last year we worked to meet the
following aims
a) Improve the knowledge and skills of more
disabled people so they benefit from gardening
Sixty three per cent of our expenditure was focused on
delivering this central aim. This year we launched ten
new specific projects offering a range of services to
help people with differing needs. We saw a 20 per cent
increase in the number of people we have been able
to support with just over 7,500 people seeking advice,
training and information to enable them to harness the
benefits of gardening at home. Demand continued at our
two garden projects with a further 300 adults and young
people taking part in structured horticultural therapy
programmes.
b) Improve the skills and knowledge of 500 health
and education professionals in the use of gardening
and social and therapeutic horticulture
Almost 750 professionals in health, education and social
care have taken part in a variety of training throughout
the year and a further 15,000 accessed information and
promotional material indirectly.
c) Increase the range of evidence related to
gardening and disability
A range of evidence was created throughout the year,
but the main piece we were able to publish was on
completion of Just 30! Gardening for Hearts and Minds
a project for those who experienced a stroke or heart
attack. Our objective was to encourage patients to
take a greater personal involvement in managing their
rehabilitation using gardening. The evidence shows
80 per cent are now doing so whilst 60 per cent of
patients reported having healthier lifestyles as a result of
gardening.
3
d) Promote the benefits of gardening for disabled
people
This year Thrive averaged 13 pieces of media coverage
each month giving 36 million people the opportunity to
hear, see or read about the charity as well as running over
100 roadshows, talks and workshops.
e) Build an effective organisation
The revised Memorandum of Association was activated
following approval by the Charity Commission and we
welcomed one new Trustee. We continued to improve
our success in raising income, particularly restricted
income which gives an additional level of stability.
There has been significant work in the development of
measurement tools. These enable us to evaluate the
impact of participating in gardening for an individual.
We have made real progress on developing this
measurement tool further to allow us to show the impact
of specific projects.
‘‘
I particularly enjoy coming to Thrive as it
gives me a sense of some independence
and I am treated like an adult. The gardening
tasks help me build my strength and stamina,
which then helps me do a few things for
myself at home.
Ade – hydrocephalus and epilepsy sufferer
’’
4. Thrive Annual Report and Financial Statements Year ended March 2010
4
Page
Contents
About Thrive 6–13
Reference and administrative details 6–7
Chairman’s report 2010 8
Structure 9
Our vision and mission 10
Our aims 11
Key activities delivering our aims 12
Who benefited from our services? 13
Our work in 2009–2010 14–22
Improving the knowledge and skills of disabled people 14–16
Improving the skills and knowledge of health and education professionals 17–18
Increasing the range of evidence related to gardening and disability 19–20
Promoting the benefits of gardening for disabled people 21–22
Your contribution 24
Financial Statements 25–42
Financial review 26
Statement of Trustees’ responsibilities 28
Independent auditor’s report 29
Statement of financial activities 30–32
Notes forming part of the financial statements 33–42
Thanks 43
6. Thrive Annual Report and Financial Statements Year ended March 2010
Reference and administrative details
of the charity, its Trustees and advisers for the year ended 31 March 2010
6
Trustees
Mr David Aitchison-Tait TD Retired Managing Director of a UK commercial grounds maintenance company
Chairman and Liveryman of the Gardeners Company.
Sir Richard Thompson KCVO Consultant Physician and Gastroenterologist at St Thomas’ Hospital since 1972
Vice Chairman, and Treasurer of the Royal College of Physicians.
Chairman, RAG Committee
Mr Howard Symonds FCCA Recently retired as the Financial Director of an assembly and manufacturing
Treasurer and Chairman company after a long career in finance. A member of the Association of Chartered
PI Committee and Certified Accountants for over 30 years.
Ms Lin Conway Twenty years experience of practising as a solicitor with the last ten years spent
Appointed Oct 09 as an HR manager, freelance trainer, and as a coach and mentor.
Mr Stephen Davies Former Vice Principal of Sparsholt College, Winchester with experience in all
Chairman, aspects of professional horticulture and further education.
Nominations Committee
Mr Brian Donohoe MP Member of Parliament for Central Ayrshire.
Miss Sally Dymott MBE Retired UK and overseas Occupational Health Manager with ESSO/EXXON
Chairman, HR Committee and an MBE for her services to nursing.
Mr Felix Fitch A highly experienced Fund Manager and Investment Director.
Mrs Prunella Scarlett LVO Now retired, Prunella has worked for the Royal Commonwealth Society
and was made a Lieutenant of the Royal Victorian Order in 1993.
Ms Philippa Slinger Chief Executive of the Berkshire Healthcare NHS Trust following a long career
in healthcare specialising in mental health.
Mr Andrew Fisher Tomlin A specialist in horticulture and design, running an international company
specialising in designing and building residential gardens and public open spaces.
Resigned or retired in 2009
Mr Jeremy Bayliss – resigned October 2009
Dr Robert Maxwell CVO, CBE – retired July 2009
The Chairman is an ex-officio member of every committee.
7. Thrive Annual Report and Financial Statements Year ended March 2010
7
Senior management team
To 31 March 2010
Ms Nicola Carruthers Chief Executive
Mr Stephen Barry Head of Sales and Marketing (from November 2009)
Ms Cath Rickhuss Training and Education Manager
Ms Susan Stuart Garden Manager, Battersea
Ms Susan Tabor Garden Manager, Trunkwell
Mr Mike Wells Head of Support Services and Company Secretary
Company registered number: 1415700
Charity registered number: 277570
Registered office and principal operating office
The Geoffrey Udall Centre
Trunkwell Park
Beech Hill
Reading
Berkshire
RG7 2AT
Auditor
James Cowper LLP
Statutory Auditor
Phoenix House
50 Bartholomew Street
Newbury
RG14 5QA
Bankers
HSBC
24 Market Place
Frome
Somerset
Wiltshire
BA11 1AJ
Solicitors
Field Seymour and Parkes
The Old Coroner’s Court
1 London Street
PO Box 174
Reading
RG1 4QW
Bircham Dyson Bell LLP
50 Broadway
London
SW1H 0BL
14. Thrive Annual Report and Financial Statements Year ended March 2010
Our work in 2009-2010
The main areas of charitable activity are linked
directly to the four aims detailed below. The activities
that take place to meet these aims as well as our
achievements are detailed below alongside financial
information.
Aim: To improve the knowledge and skills
of disabled people so they benefit from
gardening.
Target: Increase to 7,500 the number of disabled
people directly benefiting from Thrive’s knowledge,
experience and information.
Thrive reached just over 7,700 disabled people during the
year. Almost 350 people took part in the programmes
offered by the two Garden Projects and specific specialist
projects, roadshows and workshops reached a further
4,500 and the remainder sought advice, guidance and
support through the information service whilst Thrive’s
website visits increased by 17 per cent during the year.
Shona
Shona joined Thrive’s Pathways programme a year ago.
Pathways aims to help people living with mental ill health
to overcome their barriers to independence and become
volunteers. Shona had suffered a paranoid psychosis –
her first-ever experience of mental ill health. A former
bookkeeper she was frightened about her future and
suffered from severe lack of confidence. “When I first
I know that gardening has brought us
together and it has given us something
else to talk about other than the next door
neighbour or the weather!
Resident – Thrive sheltered housing project
came out of hospital, I was a shadow of the former me.
I had never been ill before and found it hard to come to
terms with what had happened,” she explains.
The Thrive programme which helps up to 44 people
who have experienced mental health issues each year
was vital in helping Shona rebuild her life. She says she
was able to realise her goals of rebuilding confidence,
feeling positive about her future; getting back to work
and getting used to life again.
After gaining a horticulture qualification Shona became
a volunteer at Wandsworth MIND where she set up
and helped to run a gardening group providing low cost
gardening for local residents. Her confidence and skills
went from strength to strength and she has recently
been offered a place as a volunteer at the Chelsea
Physic Garden.
“I can’t thank Thrive enough for getting me the work at
MIND. It was a big boost that I was recommended in
the first place, and really helped me get my wonderful
new job.”
Photograph posed by model and our gardener’s name has been
changed.
Case study
14
‘‘
’’
Target: Develop at least two new projects which
either take existing projects forward or link to Thrive’s
focus areas.
This year Thrive has developed ten new projects and six
have funding secured. This included a short-term project,
Gardening Together for older people living in sheltered
housing to engage, enjoy and benefit from gardening
which was funded and delivered in the last six months
of the year. In January 2010 we launched two projects.
Life after Stroke is a two-year project providing gardening
therapy for 200 adults who have been discharged from
hospital following a stroke through regular sessions
at their local stroke club. Initial interest has been high.
Working it Out is a two-year structured training scheme
for 95 people with mental health needs aiming to give
people qualifications, work experience and therapeutic
support.
16. Thrive Annual Report and Financial Statements Year ended March 2010
Our work in 2009-2010 (continued)
Day, in May last year changed all this – he found he was
able to meet other blind gardeners and could share his
tips with both them and other Thrive staff.
His mother, Dorothy was delighted with the contacts
he made. “Normally Nicholas finds it difficult to
communicate because of his autism, but he enjoyed
the day so much. He was very talkative and animated
both during and after the day. Gardening helps Nicholas
improve his communication skills; his ability to deal with
others and his self confidence,” she says.
Because of his involvement with Thrive’s National
Blind Gardeners’ Club, his confidence has continued
to develop. He now helps elderly people tend their
gardens and works one day a week as a volunteer
gardener at Chartwell National Trust Property.
“Gardening enables me to stay fit,” says Nicholas.
I enjoy continually learning about plants and speaking to
people about new varieties and how to cultivate them.
I do not think I could live without my plants and garden.
They give me immeasurable pleasure.”
During the year Thrive spent £1,091,581 in meeting
this aim: £346,309 of the expenditure came from
the restricted income which was predominantly
from Trusts and Charitable Foundations; unrestricted
expenditure of £745,272 came directly from public
donations. The remainder was met from Thrive’s
reserves and other sources.
The two Garden Projects are focused on meeting the
needs of disabled people and communities locally. They
offer therapeutic projects at the garden sites and in 2009
we had specifically increased their reach by offering
access to projects operating in the local community. They
are also vital in helping us put principles into best practice,
improve efficacy and enabling us to trial applications. In
so doing, we will ensure we meet the needs of a broader
national disabled audience. Importantly they also help us
to gain public interest not only in gardening and its benefit
but in the issues, challenges and success of those who
have a disability.
Our information service, website, publications
roadshows and workshops enable us to reach a broader
geographical audience of thousands more people across
the UK. Operating two national projects – National
Blind Gardeners Club, funded by the Big Lottery and in
partnership with the RNIB, and Just 30! Gardening for
Nicholas
Nicholas, a member of Thrive’s National Blind
Gardeners’ Club, won third place in Thrive’s 2009 Blind
Gardeners of the Year Competition. The judges were
very impressed with his enthusiasm and eagerness to
share his gardening knowledge. Although Nicholas had
been an enthusiastic gardener since he was a little boy,
communication hadn’t always been easy for him because
he is autistic. However his attendance at a Thrive Open
Case study
16
Hearts and Minds, funded by the Department of Health,
for stroke survivors and those with heart diseases form
other important cornerstones to our work. They help
us reach specific constituencies of disabled people and
meet their needs as well as affording us the opportunity
to work in partnership with others to meet mutual aims.
Key goals for 2010–2011
Improve the skills and knowledge of 8,000
disabled people.
Launch four new projects linked to Thrive’s
areas of focus.
In addition to existing services develop further
projects, programmes and activities which
continue to meet the needs of disabled people.
Secure the remaining funding and begin the
redevelopment of Thrive’s Battersea Garden
Project main facilities.
18. Thrive Annual Report and Financial Statements Year ended March 2010
Our work in 2009-2010 (continued)
Target: Identify and instigate differing and possibly
alternative ways for professionals to access training.
We have investigated the options available and decided
that at this point in time it would be better for us to
improve the course on offer through accreditation then
consider further alternative delivery methods. A review of
delivery options is due in January 2011.
During the year Thrive spent £198,679 in meeting this
aim with £55,000 of income generated from restricted
sources and a further £99,111 generated directly towards
meeting expenditure.
As a result of surveys amongst professionals we are now
refining our course programme. In 2010 we will have
a new introductory social and therapeutic horticulture
course and continue to work towards the launch in 2011
of accredited courses. This has taken us longer than
expected due to the requirements for accreditation.
Furthermore we have launched Gardening Choices a
funded initiative which enables us to teach and provide
resource materials to mental health professionals as to
18
how they can harness the power of gardening and use
it to benefit those in their care.
Reaching out to those health, education and social care
professionals working directly with disabled people is
an important strategy for Thrive. If we can build their
expertise in using gardening it will ultimately benefit
those with whom they work and ensure we reach an
even larger and more diverse disabled audience.
Key goals for 2010–2011
Implement the transition strategy for training
and education which offers learners a ‘pick
and mix’ framework of accredited and
informal learning.
Directly reach through training and
workshops 700 health, social care or
education professionals.
Implement a successful exit strategy for the
National Blind Gardeners Club project.
23. Thrive Annual Report and Financial Statements Year ended March 2010
23
housing in areas of Berkshire, Surrey and Hampshire
over a six-month period. At Wavell Court, part of the
Raglan Housing Association, in Aldershot we involved
residents in a host of activities. These included indoor
table top activities such as seed sowing; pricking out
into posts, containers or hanging baskets, and outdoor
work such as propagating and planting flowers and
vegetables to go into raised beds that we provided.
Residents were overwhelmingly positive about the
programme.
“I would have just been doing puzzles before this, but
now I’m talking to people; getting out in the fresh area
and getting my hands dirty,” said one resident.
“We have been given so many opportunities through
this – the opportunity to socialise and the opportunity
to grow our own food and flowers. They have got
everyone to work together and given us a community
spirit,” said another.
And table top floristry triggered memories of her former
career in one resident who has dementia. As she
began to create her arrangement she started to advise
other residents what to do – a sight that delighted her
daughter.
Wavell Court helper Sonya Hillyer is delighted with the
difference that Thrive’s Gardening together programme
has made to residents.
“The gardening club has helped a lot of people here.
There are more and more people coming along and
some very shy people have got involved; everyone is
mixing more. They are getting outside more – there has
been a big change and people are a lot happier.”
Gardening together
Social isolation and loneliness is a major issue for the
elderly in the UK with 1.4 million older people feeling
socially isolated according to Age UK.
The social benefits of gardening in a group combine
the psychological benefits such as a feeling of peace
and well being and enjoying a sense of achievement
as plants grow.
Funding from the Department of Business Innovation
enabled us to deliver a programme of gardening
activities to older people living in sheltered housing
accommodation starting in autumn 2009.
We provided two hours of gardening-related activities a
week for groups of up to eight participants in sheltered
Case study
27. Thrive Annual Report and Financial Statements Year ended March 2010
Funds for communication and promotion activity
including those that support high profile
events and donor recruitment.
Fixed asset fund – largely the Charity’s own property
which is used to carry out its charitable activities.
There are no plans to realise these assets.
Investment property fund – for the longer term
security of the charity. There are no plans to realise
these assets.
Fundraising review
In 2009–2010 we implemented the revised plan to
increase restricted income from sources such as Trusts
and Charitable Foundations and The Big Lottery. It
has been a very successful strategy and we secured
£551,499 for the year (equivalent funds have been
pledged for the year ahead). This will represent an
increase of 5.6 per cent compared to the previous year.
27
This is a strategy we will continue to use in the coming
year. Most projects are funded for a two or three-year
period which affords a level of sustainability as well as
the projects themselves supporting delivery of our central
aims. We have however lowered the target for the
forthcoming year to take into account the likely pressure
and potential reduction in available sources of funding
due to the current economic climate.
Unrestricted income has proved to be challenging with
a slow first six months of the year which then impacted
on the end results. Trustees are fully aware of the current
costs associated with raising unrestricted income and
the impact on the accounts. They are expectant that the
sales and marketing team fully realise their targets for
the year ahead but in the event of any shortfall this would
prompt a review.
Dominic
For 14-year-old Dominic his experiences at Thrive’s
Battersea garden project have opened up a whole new
way of learning and made a real difference to his life.
His parents and teachers say they are delighted with his
increased confidence and concentration.
Dominic, who has severe learning difficulties and is non-verbal,
is part of Thrive’s Growing Options project. He is
one in a group of 16 students aged 14 to 16 from schools
all over London who come to Battersea once a week.
“When Dominic puts on his purple Thrive sweatshirt
every Tuesday, his face lights up. He’s happy because
he knows he is going to Battersea Park where he will
meet up with all his friends from other schools and the
Thrive team, says Janice, his mother.
The project’s horticultural therapists and volunteers
work closely with the students enabling them to
work on a variety of tasks including: preparing pots for
plants; planting seeds; watering seeds and plants and
scarecrow making.
“Dominic found it very hard to concentrate at school,”
explains Louisa his teacher, “But I have noticed a lot of
positive changes since he started at Thrive. As he is a
very complex young man, it can be quite challenging to
interest and motivate him. Thrive has managed to not
only interest him in aspects of gardening, but also has
had a really positive effect on his everyday life skills.
“Working with students from another school is also
a great opportunity for our students to socialise with
students they are not immediately familiar with, and this
increases their confidence and improves their learning.
We didn’t even consider gardening as a learning
tool, and are absolutely amazed by the success and
outcomes!” she says.
Case study
29. Thrive Annual Report and Financial Statements Year ended March 2010
Independent auditor’s report
to the members of the Society for Horticultural Therapy
We have audited the financial statements of The Society
for Horticultural Therapy for the year ended 31 March
2010 set out on pages 30–42. These financial statements
have been prepared under the accounting policies set out
therein.
Respective responsibilities of Trustees and
Auditor
The Trustees; (who are also the directors of the company
for the purposes of company law) responsibilities
for preparing the Trustees’ report and the financial
statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), and for being
satisfied that the financial statements give a true and
fair view, are set out in the Statement of Trustees’
responsibilities.
Our responsibility is to audit the financial statements
in accordance with relevant legal and regulatory
requirements and International Standards on Auditing
(UK and Ireland).
We report to you our opinion as to whether the financial
statements give a true and fair view, have been properly
prepared in accordance with United Kingdom Generally
Accepted Accounting Practice and have been prepared
in accordance with the Companies Act 2006. We also
report to you whether in our opinion the information
given in the Trustees’ report is consistent with those
financial statements.
In addition we report to you if, in our opinion, the
company has not kept adequate accounting records, if
the company’s financial statements are not in agreement
with these accounting records and returns, if we have
not received all the information and explanations we
require for our audit, or if certain disclosures of trustees’
remuneration specified by law are not made.
We read the Trustees’ report and consider the
implications for our report if we become aware of any
apparent misstatements within it.
Basis of audit opinion
We conducted our audit in accordance with International
Standards on Auditing (UK and Ireland) issued by the
Auditing Practices Board. An audit includes examination,
on a test basis, of evidence relevant to the amounts and
disclosures in the financial statements. It also includes an
assessment of the significant estimates and judgments
made by the Trustees in the preparation of the financial
29
statements and of whether the accounting policies are
appropriate to the charitable company’s circumstances,
consistently applied and adequately disclosed.
We planned and performed our audit so as to obtain all
the information and explanations which we considered
necessary in order to provide us with sufficient
evidence to give reasonable assurance that the financial
statements are free from material misstatement,
whether caused by fraud or other irregularity or error.
In forming our opinion we also evaluated the overall
adequacy of the presentation of information in the
financial statements.
Opinion
In our opinion:
the financial statements give a true and fair view of
the state of the charitable company’s affairs as at
31 March 2010 and of its incoming resources and
application of resources, including its income and
expenditure, for the year then ended
the financial statements have been properly prepared
in accordance with United Kingdom Generally
Accepted Accounting Practice
the financial statements have been prepared in
accordance with the Companies Act 2006 and the
Charities Act 1993; and
the information give in the Trustees’ report is
consistent with the financial statements.
Mr Adrian Rann (Senior Statutory Auditor)
for and on behalf of
JAMES COWPER LLP
Statutory Auditor
Phoenix House
Bartholomew Street
Newbury
RG14 5QA
20 July 2010
30. Thrive Annual Report and Financial Statements Year ended March 2010
Statement of financial activities
Restricted Unrestricted Total As restated
funds funds funds Total funds
2010 2010 2010 2009
Note £ £ £ £
INCOMING RESOURCES
Incoming resources from generated funds:
Voluntary income 2 92,091 231,768 323,859 380,218
Activities for generating funds 3 - 20,098 20,098 10,982
Investment income 4 - 113,864 113,864 161,980
Incoming resources from charitable activities:
Education activities
Education activities:
Increasing the expertise of professionals 5 55,000 99,111 154,111 64,318
Education activities:
Increasing the knowledge and skills of
disabled people 5 404,408 517,779 922,187 745,401
------------------ ------------------ ------------------ ------------------
TOTAL INCOMING RESOURCES 551,499 982,620 1,534,119 1,362,899
------------------ ------------------ ------------------ ------------------
RESOURCES EXPENDED
Costs of generating funds 7 - 205,396 205,396 256,379
Charitable activities:
Research activities 6 15,000 21,266 36,266 47,059
Education activities:
Increasing the expertise of professionals 6 41,702 156,977 198,679 163,349
Education activities:
Increasing the knowledge and skills of
disabled people 6 346,309 745,272 1,091,581 1,042,963
Promotion 6 - 154,487 154,487 84,736
Governance costs 8 - 35,561 35,561 40,584
------------------ ------------------ ------------------ ------------------
TOTAL RESOURCES EXPENDED 403,011 1,318,959 1,721,970 1,635,070
------------------ ------------------ ------------------ ------------------
NET INCOMING RESOURCES /
(RESOURCES EXPENDED) BEFORE
TRANSFERS 148,488 (336,339) (187,851) (272,171)
Transfers between funds 20 8,934 (8,934) - -
------------------ ------------------ ------------------ ------------------
NET INCOMING RESOURCES /
(RESOURCES EXPENDED) BEFORE
INVESTMENT ASSET DISPOSALS 157,422 (345,273) (187,851) (272,171)
Unrealised gain on investment assets 15 - 46,031 46,031 (109,970)
------------------ ------------------ ------------------ ------------------
NET INCOMING RESOURCES /
(RESOURCES EXPENDED) BEFORE
REVALUATIONS 157,422 (299,242) (141,820) (382,141)
Gains and losses on revaluations of
investment properties 14 - 102,000 102,000 -
------------------ ------------------ ------------------ ------------------
NET MOVEMENT IN FUNDS FOR
THE YEAR 157,422 (197,242) (39,820) (382,141)
Total funds at 1 April 2009 179,016 3,624,713 3,803,729 4,250,802
Prior year adjustment (Note 19) - 64,932 64,932 -
------------------ ------------------ ------------------ ------------------
TOTAL FUNDS AT 31 MARCH 2010 336,438 3,492,403 3,828,841 3,868,661
------------------ ------------------ ------------------ ------------------
All activities relate to continuing operations. The notes on pages 23 to 36 form part of these financial statements.
30
31. Thrive Annual Report and Financial Statements Year ended March 2010
Restricted Unrestricted Total As restated
funds funds funds Total funds
2010 2010 2010 2009
Note £ £ £ £
TOTAL INCOME 551,499 982,620 1,534,119 1,362,899
LESS: TOTAL EXPENDITURE 403,011 1,318,959 1,721,970 1,635,070
------------------ ------------------ ------------------ ------------------
Net income/(expenditure) for the year
before transfers and investment asset
disposals 148,488 (336,339) (187,851) (272,171)
Transfers between funds 20 8,934 (8,934) - -
------------------ ------------------ ------------------ ------------------
Net income/(expenditure) for the
year before investment asset disposals 157,422 (345,273) (187,851) (272,171)
Gain/(loss) on disposal of investment
assets 20 - 46,031 46,031 -
------------------ ------------------ ------------------ ------------------
NET INCOME / (EXPENDITURE)
FOR THE YEAR 20 157,422 (299,242) (141,820) (272,171)
------------------ ------------------ ------------------ ------------------
The notes on pages 23 to 36 form part of these financial statements.
STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES FOR THE YEAR ENDED 31 MARCH 2010
Restricted Unrestricted Total As restated
funds funds funds Total funds
2010 2010 2010 2009
Note £ £ £ £
NET INCOME / (EXPENDITURE) FOR
THE YEAR 20 157,422 (299,242) (141,820) (272,171)
Gains and losses on revaluations of
investment assets - 102,000 102,000 -
------------------ ------------------ ------------------ ------------------
TOTAL GAINS AND LOSSES RELATING
TO THE YEAR 157,422 (197,242) (39,820) (272,171)
Prior year adjustment 19 - 64,932 64,932 -
TOTAL GAINS AND LOSSES RECOGNISED ------------------ ------------------ ------------------ ------------------
SINCE 1 APRIL 2009 20 157,422 (132,310) 25,112 (272,171)
------------------ ------------------ ------------------ ------------------
There is no difference between the income/(expenditure) on ordinary activities for the year stated above and its historical cost equivalent.
The notes on pages 33 to 42 form part of these financial statements.
31
32. Thrive Annual Report and Financial Statements Year ended March 2010
BALANCE SHEET As restated
As at 31 March 2009 2010 2009
Notes £ £ £ £
FIXED ASSETS
Tangible fixed assets 13 481,822 518,558
Investment property 14 1,314,000 1,212,000
Fixed asset investments 15 974,827 928,796
32
------------------ ------------------
2,770,649 2,659,354
CURRENT ASSETS
Stocks 16 18,146 7,461
Debtors 17 137,867 119,187
Short term deposits 885,751 957,256
------------------ ------------------
Bank balances and cash in hand 163,899 297,213
1,205,663 1,381,117
CREDITORS:
amounts falling due within one year 18 (147,471) (171,810)
------------------ ------------------
NET CURRENT ASSETS 1,058,192 1,209,307
------------------ ------------------
TOTAL ASSETS LESS CURRENT
LIABILITIES 3,828,841 3,868,661
------------------ ------------------
CHARITY FUNDS
Restricted funds 20 336,438 179,016
Unrestricted funds 20 3,492,403 3,689,645
------------------ ------------------
3,828,841 3,868,661
The financial statements were approved by the Trustees on 20 July 2010 and signed on their behalf, by:
David Aitchison-Tait
Chairman
The notes on pages 33 to 42 form part of these financial statements.
33. Thrive Annual Report and Financial Statements Year ended March 2010
Notes forming part of the financial statements
33
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared under the historical
cost convention, with the exception of investments which are
included at market value. The financial statements have been
prepared in accordance with the Statement of Recommended
Practice (SORP), Accounting and Reporting by Charities
published in March 2005, applicable accounting standards and
the Companies Act 2006.
1.2 Company status
The company is a company limited by guarantee. The members
of the company are the Trustees named on page 1. In the event
of the company being wound up, the liability in respect of the
guarantee is limited to £1 per member of the company.
1.3 Fund accounting
General funds are freely available for use by the charity.
Designated funds represent balances earmarked by the Trustees
for specific purposes.
Restricted funds comprise of balances held on trust for specific
purposes.
Investment income, gains and losses are allocated to the
appropriate fund.
1.4 Incoming resources
All incoming resources are accounted for on a receivable basis.
No amounts are included for services donated by volunteers.
For legacies, entitlement is the earlier of the company being
notified of an impending distribution or the legacy being received.
1.5 Resources expended
All expenditure is accounted for on an accruals basis. Costs are
apportioned by the basis of actual costs where possible. Where
costs cannot be attributed directly to particular headings they
have been allocated on a basis consistent with the use of head
count.
Governance costs are those incurred in connection with
administration of the company and compliance with
constitutional and statutory requirements.
Costs of generating funds are those costs incurred to raise
voluntary income and costs of trading activities for the purpose
of raising funds. Governance costs are costs incurred in meeting
the constitutional and statutory requirements of the charity.
1.6 Cash flow
The company has taken advantage of the exemptions available
in Financial Reporting Standard No.1 and chosen not to prepare a
cash flow statement on the grounds that the company is small.
1.7 Tangible fixed assets and depreciation
All assets costing more than £750 are capitalised.
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost
of fixed assets, less their estimated residual value, over their
expected useful lives on the following bases:
Freehold buildings 2% straight line
Improvement to properties 20% straight line
Equipment – computers 33.3% straight line
Equipment – other 10–20% straight line
Motor vehicles 25% straight line
1.8 Other investments
Other investments are included in the balance sheet at market
value with the movement in the year as an unrealised gain or
loss in the SOFA. Realised gains or losses are computed as
proceeds less opening market values.
1.9 Investment properties
Investment properties are included in the accounts at open
market value. All movements arising from revaluation are
shown in the Statement of Financial Activities (SOFA). Realised
gains or losses on investment properties are calculated as the
difference between the disposal proceeds and the market value
at the beginning of the year or cost of purchases during the year.
Unrealised gains and losses are derived from the movement in
market values during the year.
1.10 Stocks
Stocks are valued at the lower of cost and net realisable value.
1.11 Pensions
The company contributes to a group personal pension scheme
on behalf of certain employees. It is a defined contribution
scheme and amounts are charged to the SOFA when they fall
due.
1.12 Legacies
Income from legacies is accounted for when the amount and
timing of the receipt is known with certainty.
34. Thrive Annual Report and Financial Statements Year ended March 2010
2. Voluntary income Total funds Total funds
34
2010 2009
£ £
Donations and gifts 300,329 352,238
Legacies 23,530 27,980
------------------ ------------------
Voluntary income 323,859 380,218
3. Fundraising income Total funds Total funds
2010 2009
£ £
Fundraising events 13,148 3,867
Rental income 5,540 5,973
Other 1,410 1,142
------------------ ------------------
20,098 10,982
4. Investment income Total funds Total funds
2010 2009
£ £
Property rental 25,192 24,752
Investment income 74,997 114,307
Bank interest 13,675 22,921
----------------- -----------------
113,864 161,980
5. Incoming resources from charitable activities
Grants Other 2010 2009
Income Total Total
£ £ £ £
Education:
of professionals 55,000 99,111 154,111 64,318
of disabled people 404,408 517,779 922,187 745,401
----------------- ----------------- ----------------- -----------------
Total 459,408 616,890 1,076,298 809,719
----------------- ----------------- ----------------- -----------------
Other income comprises: 2010 2009
£ £
Income for rehabilitation and training in horticultural skills 507,431 466,666
Training for professionals 55,913 48,642
Membership fees 26,661 21,160
Other income 26,885 9,517
----------------- -----------------
Total 616,890 545,985
35. Thrive Annual Report and Financial Statements Year ended March 2010
Grants were from the Big Lottery Fund (£78,501), Department of Health (£48,186) and various charitable trusts including Wates Family
Enterprise Trust, Berkshire West Primary Care Trust and A D Charitable Trust. All grants were used for specific services as stipulated by
the donor.
Deferred income
Included in grant income above has been the following movements on deferred income:
35
2010
£
Deferred income released in year 59,552
Income deferred in year (15,000)
Income received in year 414,856
-----------------
Total grant income received 459,408
6. Total resources expended
Staff costs Direct costs Support costs Depreciation 2010 2009
£ £ £ £ £ £
Cost of generating funds 167,383 - 35,085 2,928 205,396 256,379
Charitable activities:
Research 32,717 - 3,254 295 36,266 47,059
Education professionals 116,312 46,050 33,926 2,391 198,679 163,349
Education disabled people 626,761 207,818 226,920 30,082 1,091,581 1,042,963
Promotion 122,566 4,269 25,491 2,161 154,487 84,736
Governance 20,818 - 14,743 - 35,561 40,584
Total 1,086,557 258,137 339,419 37,857 1,721,970 1,635,070
7. Costs of generating funds 2010 2009
£ £
Cost of generating fundraising income 204,889 254,912
Investment property costs 507 1,467
----------------- -----------------
Total 205,396 256,379
8. Governance costs Total funds Total funds
2010 2009
£ £
Auditors’ remuneration for audit work 7,838 7,820
Governance auditors’ non audit work - 1,725
Trustee indemnity 798 798
Trustee expenses 3,392 4,402
Other costs 2,715 3,357
Staff costs 20,818 22,087
Depreciation - 395
----------------- -----------------
35,561 40,584
36. Thrive Annual Report and Financial Statements Year ended March 2010
9. Analysis of direct costs of charitable activities
Education Education Promotion 2010 2009
36
Professionals Disabled
people
£ £ £ £ £
Programme costs and
materials 19,892 8,111 - 28,003 31,711
Transport - 10,444 - 10,444 12,359
Volunteer costs 8,419 - - 8,419 1,202
Training 17,739 976 - 18,715 18,324
Events - 23,399 - 23,399 32,357
Printing - 73,340 - 73,340 34,654
Audio - 10,513 - 10,513 -
Website - 19,931 - 19,931 25,337
Marketing and PR - 29,796 4,269 34,065 86,785
Battersea - 28,816 - 28,816 179,202
Other - 2,492 - 2,492 10,384
----------------- ----------------- ----------------- ----------------- -----------------
Total 46,050 207,818 4,269 258,137 432,315
10. Support costs
Research Education Education Promotion 2010 2009
Professionals Disabled £ £
£ £ People
£
Other staff costs 785 11,559 46,507 5,743 64,594 85,953
Insurance 123 1,001 5,576 904 7,604 12,178
Office costs 1,017 8,639 48,667 7,443 65,766 60,675
Travel and subsistence 360 2,916 16,243 2,634 22,153 16,627
Property expenses 906 7,349 40,934 6,638 55,827 67,109
Legal and professional fees 63 2,462 68,993 2,129 73,647 57,562
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
Total 3,254 33,926 226,920 25,491 289,591 300,104
Support costs have been allocated on the basis of head count.
11. Net incoming resources (Resources expended) 2010 2009
£ £
Depreciation of tangible fixed assets:
– owned by the charity 37,857 41,272
Governance Auditors’ remuneration 7,838 7,820
----------------- -----------------
During the year, no Trustees received any remuneration (2009 – £NIL).
During the year, no Trustees received any benefits in kind (2009 – £NIL).
4 Trustees received reimbursement of expenses amounting to £1,158 in the current year,
(2009 – 4 Trustees – £4,402).
37. Thrive Annual Report and Financial Statements Year ended March 2010
12. Staff costs 2010 2009
Wages and salaries 968,009 836,485
Social security costs 87,644 76,802
Other pension costs 30,904 26,699
The average monthly number of employees during the year was as follows: 2010 2009
Generating voluntary income 4.8 1.0
Governance 0.4 0.4
Charitable Activities
Research 0.5 0.8
Education – professionals 3.3 4.0
Education – disabled people 21.0 21.7
Communication and promotion 3.5 1.4
The number of higher paid employees was: 2010 2009
In the band £60,001 – £70,000 1 0
37
13. Tangible fixed assets
£ £
----------------- -----------------
1,086,557 939,986
No. No.
---------------- ----------------
33.5 29.3
No. No.
---------------- ----------------
Land & Improvement Motor Furniture, Total
Buildings to properties vehicles fittings &
equipment
£ £ £ £ £
Cost
At 1 April 2009 553,844 83,070 50,094 102,492 789,500
Additions - - - 1,121 1,121
----------------- ----------------- ----------------- ----------------- -----------------
At 31 March 2010 553,844 83,070 50,094 103,613 790,621
----------------- ----------------- ----------------- ----------------- -----------------
Depreciation
At 1 April 2009 110,443 18,138 41,866 100,495 270,942
Charge for the year 11,077 16,614 8,148 2,018 37,857
----------------- ----------------- ----------------- ----------------- -----------------
At 31 March 2010 121,520 34,752 50,014 102,513 308,799
Net book value
At 31 March 2010 432,324 48,318 80 1,100 481,822
----------------- ----------------- ----------------- ----------------- -----------------
At 31 March 2009 443,401 64,932 8,228 1,997 518,558
----------------- ----------------- ----------------- ----------------- -----------------
38. Thrive Annual Report and Financial Statements Year ended March 2010
38
14. Investment property
Freehold
property
Cost and valuation £
At 1 April 2009 1,212,000
Surplus/(deficit) on revaluation 102,000
-----------------
At 31 March 2010 1,314,000
Properties gifted to the charity comprise of a premises used as a hotel and restaurant, surrounding land and the
Charity’s premises at Beech Hill and a cottage called Broadview.
The properties were valued in 2007 in accordance with the RCIS Appraisal and Valuation Manual (Red Book).
This valuation was updated in March 2010 by Carter Jonas, Property Consultants. The original bequest was
recorded as a nil amount
15. Fixed asset investments Listed Unlisted Total
securities securities
£ £ £
Market value
At 1 April 2009 130,990 797,806 928,796
Unrealised gains 46,031 - 46,031
----------------- ----------------- -----------------
At 31 March 2010 177,021 797,806 974,827
----------------- ----------------- -----------------
Investments at market value comprise:
2010 2009
£ £
Listed investments 177,021 130,990
Unlisted investments 797,806 797,806
----------------- -----------------
Total market value 974,827 928,796
All the fixed asset investments are held in the UK
The listed securities comprise of units in the charity common investment fund, Charifund, managed by M&G
investments.
The historic cost of fixed asset Investments is £847,110 (2009: £847,110)
Unlisted investments are valued on the basis of the valuation given in the entity’s own audited accounts.
39. Thrive Annual Report and Financial Statements Year ended March 2010
16. Stocks 2010 2009
39
£ £
Raw materials 18,146 7,461
----------------- -----------------
17. Debtors 2010 2009
£ £
Trade debtors 81,374 74,386
Other debtors - 250
Prepayments and accrued income 56,493 44,551
----------------- -----------------
137,867 119,187
18. Creditors
Amounts falling due within one year 2010 2009
£ £
Trade creditors 83,923 61,477
Social security and other taxes 23,643 22,565
Other creditors 5,835 8,404
Accruals and deferred income 34,070 79,364
----------------- -----------------
147,471 171,810
19. Prior year adjustment
A prior year adjustment has been made to recognise capital assets that had been incorrectly expensed in previous
periods. The adjustment reflects the capital cost of the assets less accumulated depreciation.
40. Thrive Annual Report and Financial Statements Year ended March 2010
40
20. Statement of funds
Brought Incoming Resources Transfers Gains/ Carried
forward resources expended in/out (losses) forward
£ £ £ £ £ £
Designated funds
Property and estate
maintenance/
development fund 715,483 - - (32,000) - 683,483
Research fund 187,739 - - (25,000) - 162,739
Communication/
promotion fund 400,852 - - (32,000) - 368,852
ICT fund 73,228 - - (25,000) - 48,228
Fixed asset fund 453,626 - (20,122) - - 433,504
Investment property
fund 1,212,000 - - - 102,000 1,314,000
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
3,042,928 - (20,122) (114,000) 102,000 3,010,806
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
General funds
General fund 646,717 982,620 (1,298,837) 105,066 46,031 481,597
Total Unrestricted ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
funds 3,689,645 982,620 (1,318,959) (8,934) 148,031 3,492,403
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
Restricted funds
Redevelopment 43,374 92,091 (41,288) 66,652 - 160,829
Information leaflets 9,500 - - (9,500) - -
The National Lottery
National Blind Gardeners
Club 69,590 78,501 (90,535) (55,824) - 1,732
Department of Health
Just 30! Project 52,585 48,186 (64,841) (35,930) - -
Roadshows and training
courses for disabled
people 8,100 - - (8,100) - -
Green Circle (18,327) 55,004 (43,075) 33,642 - 27,244
Project income 12,644 500 (5,000) (8,144) - -
Target income
times appeal - (2,688) - 2,688 - -
Battersea
Wandsworth 18,884 (18,884) - - - -
Grow Cook & Learn - 2,667 (2,667) - - -
Central Berkshire
Education - 7,014 (7,014) - - -
Growing Options
Battersea - 15,500 (3,242) - - 12,258
Life after Stroke - 6,000 - - - 6,000
Dementia - 5,000 - - - 5,000
41. Thrive Annual Report and Financial Statements Year ended March 2010
Brought Incoming Resources Transfers Gains/ Carried
forward resources expended in/out (losses) forward
£ £ £ £ £ £
41
Designated funds
cont.
Working it Out - 37,606 (7,318) - - 30,288
Pathways Lambeth - 4,500 - - - 4,500
Wates Family
Enterprise Trust - 30,000 (12,900) - - 17,100
Growing Options
Trunkwell - 2,050 - - - 2,050
Berkshire West PCT - 25,000 (8,704) - - 16,296
The Garden Gang - 7,600 - - - 7,600
Transformation fund - 62,656 (62,656) - - -
Keep Gardening - 7,506 (6,034) - - 1,472
Research - - (15,000) 15,000 - -
Young Onset Dementia - - (7,765) 10,000 - 2,235
Gardening therapy for
Stroke Survivors - 8,750 - - - 8,750
Growing for Hearts
and Minds - 9,571 - - - 9,571
Life after Stroke
John Ellerman - 29,601 (6,088) - - 23,513
Other grants and monies 1,550 - - (1,550) - -
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
179,016 551,499 (403,011) 8,934 - 336,438
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
Total of funds 3,868,661 1,534,119 (1,721,970) - 148,031 3,828,841
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
The Designated funds
a. Funds to carry out research on a small scale and encourage others who are able to carry out the research.
b. Funds for the maintenance, upgrade and development of buildings and surrounds at Thrive Trunkwell and
Battersea Garden Projects, particularly Battersea’s redevelopment plans.
c. Funds to further develop ICT (including necessary infrastructure vital in all areas).
d. Funds for communication and promotion activity including those that support high profile events and donor recruitment.
e. Fixed assets fund largely the Charity’s own property which is used to carry out it’s charitable activities.
There are no plans to realise these assets.
f. Investment property fund for the longer term security of the charity. There are no plans to realise these assets.
Restricted funds represent grants and other monies received specifically for defined projects. These funds will be utilised over the
period of the grant.
Expenditure of funds in 2008–09 was incorrectly allocated between general and restricted funds. The transfers
in and out of restricted funds are to correct this in the current year.
42. Thrive Annual Report and Financial Statements Year ended March 2010
42
Summary of funds
Brought Incoming Resources Transfers Gains/ Carried
forward resources expended in/out (losses) forward
£ £ £ £ £ £
Designated funds 3,042,928 - (20,122) (114,000) 102,000 3,010,806
General funds 646,717 982,620 (1,298,837) 105,066 46,031 481,597
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
3,689,645 982,620 (1,318,959) (8,934) 148,031 3,492,403
Restricted funds 179,016 551,499 (403,011) 8,934 - 336,438
----------------- ----------------- ----------------- ----------------- ----------------- -----------------
3,868,661 1,534,119 (1,721,970) - 148,031 3,828,841
21. Analysis of net assets between funds
Restricted Unrestricted Total Total
funds funds funds funds
2010 2010 2010 2009
£ £ £ £
Tangible fixed assets - 481,822 481,822 518,558
Fixed asset investments - 974,827 974,827 928,796
Investment property - 1,314,000 1,314,000 1,212,000
Current assets 336,438 869,225 1,205,663 1,381,117
Creditors due within one year - (147,471) (147,471) (171,810)
----------------- ----------------- ----------------- -----------------
336,438 3,492,403 3,828,841 3,868,661
22. Operating lease commitments
At 31 March 2010 the company had annual commitments under non cancellable operating leases as follows:
2010 2009
£ £
Expiry date:
Between 2 and 5 years 1,040 2,985
----------------- -----------------
23. Related party transactions
There were no related party transactions during the year, which require disclosure under Financial
Reporting Standard 8: Related Party Transactions.
24. Controlling party
The Trustees control the charity.
43. Thrive Annual Report and Financial Statements Year ended March 2010
Thrive would like to thank the following for their support
43
Thanks
A D Charitable Trust
A W Gale Charitable Trust
Ammco Trust
Arimathea Charitable Trust
Big Lottery Fund – Awards for All
Baily Thomas Charitable Trust
Bayfield Charitable Trust
Berkshire Community Foundation
Berkshire West Primary Care Trust
Bernard Sunley Charitable Foundation
C L Loyd Charitable Trust
Calleva Foundation
Carpenters’ Company
Champniss Charitable Trust
Coutts & Co Charitable Trust
David King Charitable Trust
David Knight Charitable Trust
Department of Health
Department of Business Information & Skills
Douglas Heath Eves Charitable Trust
Drapers’ Charitable Fund
Edgar E Lawley Foundation
Fitton Trust
Guys & St Thomas’ Hospital Charity
Hampshire County Council
Harold & Daphne Cooper Charitable Trust
Hasluck Charitable Trust
Herefordshire Building Preservation Trust Ltd
Hugh Kenrick Charitable Trust
Inman Charity
Invesco Perpetual (Coley Trust)
John Ellerman Foundation
Kathleen Laurence Charitable Trust
Lambrook School Trust Limited
Leach No14 Trust
Liebenrood Charitable Trust
Martin Laing Foundation
Max Reinhardt Charitable Trust
Mrs C R Heber-Percy Charitable Settlement
Mrs N E M Warren’s Charitable Trust
Nancy Bateman Charitable Trust
Reading Borough Council
Roger Brooke Charitable Trust
Royal Society of Wildlife Trusts
Sir Cliff Richard Charitable Trust
Skipton Building Society Charitable Foundation
SLG Charitable Trust Limited
Starkie Bence Charitable Trust
Steel Charitable Trust
Stevenson Family Charitable Trust
Thames Wharf Charity
The Bluebell Trust
The Bonus Trust
The Golden Bottle Trust
The Headley Trust
The Headley Foundation
The Master Poulter’s Pelican Trust
The Michaels Charitable Trust
The Oldhurst Table
The Paphitis Charitable Trust
The Richie Charity Trust
The Rowan Trust
The Spooner Charity Trust
The Worshipful Company of Gardeners
The Worshipful Company of Horners
The Worshipful Company of Parish Clerks
Unite Amicus Foundation
Verdon-Smith Family Charitable Trust
Wates Family Enterprise Trust (Restricted)
Westlon Trust
Wokingham Borough Council
Wyerwood Trust
Yorkshire Building Society Foundation
Thanks also to the many individuals, organisations and companies who supported us across a range of activities and
through their donation of funds, including those who wish to remain anonymous.
Thanks to all those volunteers supporters and friends too numerous to mention who have given their support either
monetary or in kind.