THE FRIENDS OF GREYFRIARS {Chartty Number 10401121 Greyfriars 44 Christchurch Road Ringwood Hampshire BH24 1 DW ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE TRUSTEES FOR THE PERIOD 1 APRIL 2024 TO 31 AUGUST 2025 CHAIRMAN OF THE TRUSTEES: Michael J S Osborne 44 Christchurch Road Ringwood, Hampshire BH24 1 DW BANKERS: Lloyds Bank PLC Ringwood, Hampshire BH24 1 BD Cambridge & Counties Bank Leister LE16TE CAF Bank Ltd West Malling. Kent ME19 4JQ HSBC PLC Bournemouth. Dorset BH2 5LR INDEPENDENT EXAMINER- Douglas Forsyth Bsc FCA Roydon Cottage, Sandy Down, Boldre, Lymington S0418PL
THE FRIENDS OF GREYFRIARS ANNUAL REPORT AND FINANCIAL STATEMEPffS OF THE TRUSTEES FOR THE PERIOD I APRIL 2024 TO 31 AUGUST 2025 TRUSTEES APPROVAL CERTIFICATE As Trustees. we approve the Annual Report, and the Financial Statements sel out on pages 1. 2, 3, 5 6 and 7 In all respects. Signed on beham of the Trustees-. Mioh el Osborne (Chaimian of the Tru5tees} Date. 2qDd 2025
THE FRIENDS OF GREYFRIARS TRUSTEES ANNUAL REPORT FOR THE PERIOD 1 APRIL 2024TO 31 AUGUST 2025 BACKGROUND The Friends of Greyfriars I'the Friends. or 'lhe Charityl was constituted on 11 July 1994 and registered with the Charity Commission on 16 August 1994. The Charity was fomied lo recgve donabons and legacies in order lo give financial assistance with the operation ol Ringwood and Dislrid Communrty Association Ilhe "Associalion'l (Chanty No. 3019291 as and when required. The conslilulion Trakes it clear that membership of the Friends shall be open lo all who are mernbers 01 supporters of the Association byhelher individuals, clubs. societies or other tx)dies corporate or unincotporate. No subscription wll be required but any donation vknelher annual or otheise will be accepted. OBJECTS OF THE CHARITY The Charity's objects are to assst the Associati in the management and maintenance of the Community Centre al GreyFnars, Rin and in the carying out of Ils objects in all their respects. In furtheran of the above. but not furthei or otherw5e. the Friends shall have the followng powers.'- To raise funds and invite and receNe contnbulions from any person or persons whatsoever by way of Subscription, Donation or othewse. providing that the Friends shall not undertake any pemanenl trading activities in raising funds for i(s primary objed. AREA OF OPEFIATION Vvithin the Socal area of l(XI. Hampshire. STRUCTURE, GOVERNANCE AND MANAGEMEKr The affairs of the Friends shall be rnanaged by a Committee vthich shall consist of the offir$ and not more than 5 other Members who shall be elected al the Annual General Meeting. AJI the Members ol the Committee shall retire annually but shall be eligible for re-election. The Officers of the Committee shall be the Chairman, Honorary Secretary and Honorary Treasurer. The Committee shall have px)wei to Co-opt and apwinl Sub-C(xnmittees lo deal with such busines5 of the Friends as may be delegated lo them. all actsons of such Su&Committees shall be reported lo and confirmed by the Committee as 500n as p0Sble. A Quorum of the Committee and of any Sul>CLYnmittee shall te four. The Committee shall hold at least two ordinary meeb.ngs each year. Under the Charities Act the Committee collectively have overall responsibility for the actions of the Friends. The day-lo-day runrFing of the Society may be ddegated to suthcommittees The Fnends. Rules may be amended as required. The Trustees decided lo extend Ihe accounting periDd lo 31 August 2025 in order lo have the same year end as Greyfnars and this was formally approVj by the Gharity Commission on 20 February 2025.
THE FRIENDS OF GREYFRIARS TRUSTEES ANNUAL REPORT leontinued} FOR THE PERIOD 1 APRIL 2024 TO 31 AUGUST 2025 TRUSTEES The Trustees al the date of this Report and holding offre during the Feric&l were as fdlows.. Rowan Brockhursl Janel Dolby Michael Fenner Gillian Habbin Vvilliarn Levings mchael Osborne Nfjadeleine Parry Ann Pederson Barrie Sindall Philip Titt Philip West (Chaiman to 27 June 20241 (Secretary- frun 27 June 20241 (Retired 27 June 2024 - Treasurer lo 27 June 20241 (Retired 27 June 2024 - Secretary to 27 June 20241 (Appointed 27 June 2024 - Treasurer from 27 June 20241 (Appointed 27 June 2024- Chaiman fr 27 June 20241 (Died 13 June 20241 IRetired 21 August 20251 RELATED PARTIES AND RELATED TRUSTEESHIPS During the 17 month penod the Chariiy made donab.ons totalling £34,129 IPeriod 1 April 2023 - 31 March 2024 £14.7831 to Ringwood and District Community AssQ¢lation During the penod, the following live Trustees of the Chanty were al Twstees of the Association." Rowan Brockhursl, Ann Pederson. Michael Osborne, Philip West. Gillian Habbin lunlil 27 June 20241. There were no related party transactions between the above Trustees and the related IrLJSteeships. Ouring the pericd no remuneration or other benefits were paid lo any Trust&s of the Charity12024 none). RESERVES POLICY The Charity's objects are to sUPPOrt Ringwo(Kl and Dislrid C(nmUnIty Association and In general this does not require the Charity to hold significant resetves. Any funds In hand are always available for the furtherance of the ol"e¢ts of the Charity. REVIEWOF AIMS AND ACHIEVEMENTS The Trustees have given careful consideration to the present uncertainties ielating to the Stock Ma1 and decided that It would be prudent to liquidise our Investrnents These iealised £122,056 resulting In a realised gain of £80,056 cOMpad with the onginal cost of £42.000 In 1998. 11 should be noted thal the quarterly incne declared by 81ackRock was nol actually reCeivae and was accumulaled into the fund over the year5 the investrnents were held_ We have been fortunate in recewing a generous legacy frcth a former Trustee of £20.000 and a donation frcm the Odinel Chaiitable Trust d £17.3LK) We are very graidul for the SUPPDrt from these sourGes and from our regular donors. During the period under VIeW the Trustees regularised the transactions of the 74 Club. This fund seeks subscriptions from members who then have a chance of entering a monthly draw for a monetary prrze. Surplus funds are then donated to Greyfriars to te used for general purposes.
THE FRIENDS OF GREYFRIARS TRUSTEES ANNUAL REPORT Icontinuedl FOR THE PERIOD 1 APRIL 2024 TO 31 AUGUST 2025 REVIEWOF AIMS AND AcHIEVEMEs (continued) Our total receipts during the penod amounted lo £169.758 and. after taking into account income received from our investments of £1.734 and administration expenses of £1,137 we assisted Greylriars with various specific projects amounting in total to £34.129 The Trustees continue lo think of ways lo fundraise. In all of the above the Trustees had regard to the object5 of the Charity and lo the Charity Ccrnmission requiremenls on public benefit. In closing the Trustee5 wsh lo express their grateful thanks lo Rowan Brockhursl and Gillian Habbin. the outgoing Chairman and Secretary, who stepped down as Officers al the conclusion of the 2024 AGM Both Rowan and Gillian seNed as Officers 51nce the Inceptyon of the Fnends and we are pleased to record that Rowan is remaining a Trustee Gillian. who sadly passed away in November 2024, devoted her life lo GYfriar$ and only stepped back frL¥n daily ork in the Centre eadier that year. Her knowledge of the people of the lown and district guided the Asgxialion- and the Friends of GreyFnars- with understanding and patience b*ed up by steely detemiinalion. Thanks are also due to Philip Titt for his management of the 74 Club unb"I his retirement on 21 August 2025 and we are grateful for Madeleine Pary in taking on this task. Mike Fenner who acted as our Treasurer for many years also stepped down al the AGM and we are grateful for his support. Gwen the additional c(xnplexityes of the Changes to the banking arrangement5 and the sale of the Investments during the peiiod a new Independent Examiner. Mr Douglas Forsyth. was appointed on a fee paying basis. Approve by the Trustees and signed on their treha Michael Osborne (Chaimian of the Trusleesl Date. 0ty2025
THE FRIENDS OF GREYFRIARS (charity NuMr 1040112) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FRIENDS OF GREYFRIARS FOR THE PERIOD 1 April 2024 to 31 August 202S I report lo the Trustees on my examination of the financial sl8lemenls of the Charity covering the period 1 Apnl 2024 10 31 August 2025 1 out on pages 5 to 7. RESPONSIBILITIES AND BASIS OF REPORT As the Charity's Trustees you are respon%ble for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 IW)e Act"} I report in respect of my examination of the Charity's a¢¢ounts carried out under section 145 of the 2011 Act and in ¢arrying out my examination. I have followed the applicable thrections given by the Charity Commission under section 14515llbl of the Act. INDEPENDENT EXAMINER'S STATEMEP I have Completed my examination I confimi that no material matters have come to my attention in connection wlh the examination which gives me cause to believe that. in any material respect.. accounting records We not kept in aC£Orda with section 130 of the Charities Act,. or the accounts do not accord wth the accounts.ng records.. or The aGrUnIS did not comply wlh the applicable requirements concerning the fom and content of accounts set out in the Charilies IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf vw which is not 8 maiter ¢onsidered as part of an Independent examination. I have no concerns and have Come across no other matters in connection with the exafflinats'on to which attention should be drawn In order lo enable a propel understanding of the accounts lo be reached. Roydon Cottage. Sandy Down Boldre, Lyminglon S041 8PL DOUGLAS FoRSH Bsc FCA Dale. 2025 . CHARTERED ACCOUNTANT
FRIENDS OF GREYFRIARS RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD 1 APRIL 2024 TO 31AUGUST 2025 RESTRICTED FUNDS TOTAL FUNDS Yèar ontlod 31.03.24 Frlends Fur 74 Club Funds Period No 1.04.24-31.08.25 RECEIPTS Donations 39.711 39,711 820 74 Club 6.257 6,257 Dividends CAF UK Equty B 580 580 535 Interest 1,154 41,445 1,154 47,702 427 6.257 1.782 Proceeds from sale of Investments 122.056 122.056 TOTAL RECEIPTS 163,501 6.257 169,758 1,782 PAYMENTS Charrtable A¢tiwties'. Donations. Greyfriars 33.629 500 34 129 14.783 74 Club piizes 2.675 2,675 Adminislr*ion expenses 977 160 1.137 490 TOTAL PAYMENTS 34.606 3.335 37,941 15.273 NET RECEIPTS I IPAYMENTSI 128,895 2.922 131,817 113,4911 Cash Funds 1 April 2024 28.995 28.995 42.486 CASH FUNDS 31 AUGUST 2025 1 $7,890 2,922 160,B12 28,995
FRIENDS OF GREYFRIARS STATEMENT OF ASSETS AND UA8IUTIES AT 31 AUGUST 2025 RESTRICTED FUNDS Fri8 Funds 74 C5ub TOTAL FUNDS 31.08.2025 31.03.24 Funds INVESTMENTS 8lackRock Charities UK Equity Fund 60,298 BlackRock Charrtie5 Bond Fund 34,375 Charrties Aid Foundation ICAFI UK Equity B 21,378 Investments at market value 116,051 CASH FUNDS Bank Balances". Charities Aid Foundation ICAF) 6.317 6,317 28,995 Lloyds Bank PLC 81,402 2.750 84,152 Cambridge & Counties Bank 70,171 70,171 HSBC 172 172 Cash Funds 157,890 160,B12 TOTAL FUNDS 157.890 2,922 160.812 145,046 DEBTORS Gift Aid tax recoverable 682 682 LIABILITIES Independent Examiners Fee 650 650 Signed on behaff of the Trustees l Osborne (Chairman of the Trustees) Dale".
FRIENDS OF GREYFRIARS SUPPLEMENTARY NOTES FOR THE PERIOD 1 APRIL 2024 TO 31AUGUST 2025 RESTRICTED FUNDS TOTAL FUNOS pe0d Year 8nded Frfond¥ 74 Club Funds Fund$ 1.04.2431.08.25 31.03.24 1 VOLUNTARY RECEIPTS Donations l Legacies". Barrie Sindall gaCY Odinel Charitable Trust Anonymous In memoriam Gillian Habbin Miscellaneous 20,0(K) 17.300 1.6CK) 661 150 20,000 17,300 1.600 661 150 7C>O 120 39,711 820 2 INTEREST Lloyds Bank Cambridge & Counties Bank CAF Bank 604 171 379 604 171 379 427 1.154 427 3 PROCEEDS FROM SALE OF INVESTMENTS 81ackRock Equrty 24.03.25 BlackRock UK Bond 240325 CAF ESG Income and Growth Fund 12.03 25 65.394 34.772 21,890 122.056 65.394 34.772 21.890 122,056 4 DONATIONS TO GREYFRIARS Reading Room repairs Screen Projedor and Audio equipment Suckerfish design Minibu5 Memorial seal Greening Ringwood Platform lrft Miscellaneous Decoration IT upgrade and CCTV Computer programming 13.287 6,417 5,874 5.000 1,051 1,000 1.000 13.287 6,417 5,874 5,000 1,051 1,000 1,000 500 500 7,636 2,490 33.629 500 34,129 14,783 S ADMINISTRATION EXPENSES Trustee Indemnity Insurance Bank charges NFDC Li¢ence fee Miscellaneous IAGM expenses) 826 90 826 210 40 61 376 64 120 40 61 50 977 160 1,137 490