Holbeach United Charity
Statement of Accounts for the year ended 30" June 2025
| Unrestricted | funds | Endowment funds | |
|---|---|---|---|
| 2025 | 2024 | ||
| income & endowments from: | |||
| Rentfrom land | 2293 | 868 | |
| Wayleaves | 35 | 35 | |
| Bank interest | 493 | 513 | |
| Dividends | 31175 | 26484 | |
| Total income | 33996 | 27900 | |
| Expenditure on: | |||
| Grants paid | 43616 | 26345 | |
| Clerk’s salary | 1500 | 1500 | |
| Hix and Son | 210 | - | |
| Accountancy (Mark Rose) | 270 | 180 | |
| Total expenditure | 45596 | 28025 | |
| Net income beforegains(losses) | |||
| on investments | (11600) | (125) | |
| Unrestricted funds broughtforward | 40618 | 40743 | 810238 |
| Balance ofexpenditure/income | (11600) | (125) | |
| Profit (loss) on valuation | 18680 | ||
| Funds carried forward | 29018 | 828918 | |
| Financed by: | |||
| Barclays Business Premium account | 28606 | ||
| Barclays Community account | 412 | ||
| 29018 |
|
Statement of net assets at 30" June 2025
Fixed assets
Endowment fund Freehold land 44666 Investments 828918 873584 Financed by Investments Black Rock 665438 COIF 163480 Land 44666 873584
Independent Examiners statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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Accounting records were not kept in respect of the Charity as required by section 130 of the Act:
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The accounts do not accord with those records.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in orde able a proper understanding of the accounts to be reached.
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Mark Rose FFA, Foresters Hall, High Street, Long Suttgn, Lincs PE12 9DB
These accounts were approved by trustees on (¢ day of MRO bal 2025 \ { Signed AS thas Ke Signed VESNo _ Trustee Trustee
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Holbeach United Charity
Annual Report for the year to 30™ June 2025
The Trustees present the annual report and accounts for the year ended 30/6/2025.
Constitution. Holbeach United Charity is constituted by the Charity Commission under registered number 1042755. It is governed by a scheme sealed on 11 December 1989.
Correspondent and correspondence address. The Clerk to the Charity is Mr M.J.H. Griffin and the correspondence address for the Charity is 39 Church Street, Warmington, Peterborough PE8 6TE.
Trustees. The body of trustees shall consist of one ex-officio trustee, two nominated trustees and four co-opted trustees when complete. The co-opted trustees shall be persons who through residence, occupation or employment or otherwise have special knowledge of the parish of Holbeach. The ex-officio trustee shall be the incumbent for the time being of the present benefice of Holbeach. The nominated trustees shall be appointed by Holbeach Parish Council but need not be members of that Council. Three trustees are required to form a quorum. Every matter shall be determined by the majority of votes of the trustees present and voting on the matter. There are currently five trustees comprising one nominated trustees, four co-opted trustees. The ex-officio trustee having left the area and the parish awaiting a new vicar. The Charity Scheme was amended in July 2022 to widen the job description of the ex-officio trustee from the “incumbent” of the benefice of Holbeach” to “the vicar of the benefice of Holbeach”.
Objects. The object of the Charity is to relieve either generally or individually persons resident in the area of benefit who are in conditions of need, hardship and distress by making grants of money or providing or paying for items, services or facilities calculated to reduce the need, hardship and distress of such persons in the parish of Holbeach and the surrounding areas.
Public benefit. The Trustees have given due regard to the guidance of the Charity Commission on public benefit and this is reflected in the range of people and local organisations who benefit from the grant making policy of the Charity.
Review of activities. Trustees have continued to implement a plan of providing on the one hand for individuals in need, usually referred by other charities and organisations and on the other hand fulfilling a more general need for assistance and advice in the local area by providing grants to organisations to enable them to provide these services. Grants totalling £43616 were distributed during the year.
Reserves Policy. The endowment funds of the Charity comprise its main source of income together with 2 small parcels of agricultural land. In addition the Charity had accrued money as a result of income exceeding expenditure in past years. For several years Trustees have been consciously reducing that excess and appear, in this year, to have achieved that aim leaving a small reserve to cover unexpected costs. Trustees believe a reserve of £10,000 should be sufficient.
Chairman of Trustees Ag?/ ? , “ , Host ne
: | CHARITY COMMISSION Independent examiner's | | FOR ENGLAND AND WALES report on the accounts
Section A Independent Examiner’s Report
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Report to the trustees/ | ©hity Name
members of | HOLBEACH UNITED CHARITY
On accounts for the year Charity no
ended| SO JUNt DZo2zs (if any) | OU2ZTSS
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended | ob ]zexs .
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Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
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| report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention (othertharthatdisctesed-betew) in connection with the examination which gives me cause to believe that in, any material respect: ¢ accounting records were not kept in accordance with section 130 of the Act or
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e the accounts do not accord with the accounting records
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper.understanding of the accounts to be reached. * Flease{| dete the words in the brackets if they do not apply. Relevant professional | Terrow OF THE ST TUTE q ualification(s)(s) or(if bodany): OF Fitanciau Kc const Aatr Sf Address: |Forgsttes HALL lb WiIGH ST. LonG SuTTon. StaupinG . Lincotn) SHIRE PE\2 Apr.
IER
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October 2018