Charity Registration No. 1044514
Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Secretary
Charity number
Company number
Registered office
Independent examiner
Bankers
MrS A Hall
Mr A G Marsden
Mr CJ Betts
Mr RA Crayston
Mr P Bowman
Mr WE Hayton
Mr SM East
Ms LAD Kleineidam
Mr G Armstrong
Mr D Balcombe
Mr NS Charrington
Ms I M Day
Mr S A Hall
1044514
03020005
Walcotts Hall
Coggeshall Road
Great Tey
Colchester
Essex
CO6 1AH
Vincent Mellett FCCA
Granite Morgan Smith Limited
122 Feering Hill
Feering
Colchester
Essex
CO5 9PY
HSBC
26 High Street
Colchester
Essex
CO1 1DG
Retired 18/09/2024
Appointed 20/12/2024
Appointed 31/01/2025

Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
CONTENTS
Trustees report
Page
1-4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8-12

Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report and financial statements for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and
comply with the Companies Act 2006 and "Accounting and Reporting by Charities Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the
UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing 1 January 2016).
Objectives and Governance
The Trust's objective is to preserve the historical, architectural and constructional heritage that may exist in Colchester
and North East Essex, for the benefit of its local and wider community.
The Trust is a Company limited by guarantee and a registered charity, governed by its memorandum and articles of
association.
The Trust has appointed two new Trustees whose specific experience in public relations and hospitality have been
added to the skillset of the Board. One trustee retired after several years of helpful input and service.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Trust should undertake.

Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and Performance
Jumbo
Our objective has been and remains the restoration and adaptation of the Grade Il* Listed Balkerne Water Tower,
colloquially known as "Jumbo", situated at the highest point in the city centre of Colchester.
The Jumbo Project has been the main focus of the Trust's activities during this period
Following on from our agreement to a 150-year lease with the tower's owner, The Jumbo Project will see the building
become a financially viable attraction that embeds community and social impact.
Significantly, in January 2025 the Trust received planning and listed building consent to undertake its long held
ambition to conserve this iconic building and make it accessible to the public in an exciting and innovative way.
This was achieved following solid support provided by the National Lottery Heritage Fund within our Part 1
Application, Historic England and an allocation of monies from the UK Government's Towns Deal Fund. These funds
enabled the Trust to appoint and closely work with suitable consultants across a wide range of specialist skills to
develop the plans for the future of Jumbo.
The National Lottery Heritage Fund Part 2 application was agreed in January 2025.
Via its National Lottery Memorial Fund they confirmed funding of E8m and Historic England confirmed funding of
£0.550m. This security of funding, along with the Towns Deal and other foundations and private donations, has
meant that the Trust is now able to start the delivery of the project.
Contracts will be signed by early summer 2025 and the building project is expected to take 15-18 months to complete,
followed by a fitting out period. The target opening date of Jumbo to the local and wider community is 2027.
Interactions
To prompt awareness of, and donations to, The Jumbo Project, the Trustees and helpful volunteers have been active in
escorting small tour groups up the tower to see the magnificent architecture and construction skills of our Victorian
forbears. These usually paid-for tours give an opportunity also to take in the uniquely elevated panoramic views of
the City of Colchester and its rural surroundings. Our engagement programme has included school and college visits,
and consultation events at no cost.
The tours have proved very popular with a waiting list of individuals, companies and organisations. In feedback, 100%
of tour visitors rated their experience as very good.
The tours were suspended following the arrival of peregrine falcons in February, although the pair eventually chose a
different nesting location.
Several Residents' Panel meetings were convened by Colchester City Council specifically to seek input into shaping the
final proposed scheme for Jumbo. The ideas offered up by local people have been invaluable in trying to gauge demand
for future usage, combining the need for commercial viability, alongside the heritage preservation, interpretation and
historical educational information.
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Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Keeping the interested local community informed has been enhanced by a regularly emailed newsletter and our website
(www.jumbo.org.uk) sharing learning and information on The Jumbo Project. The website also has online donation
capability.
The Trust has continued to work with partners including Colchester City Council, The Mercury Theatre, Colchester
Arts, Firstsite, the National Trust, the Ipswich and Colchester Museum Service, as well as local communities and
charities, some of which represent groups with limited exposure to heritage assets and education. We are very gratefu
for their involvement. We also wish to thank National Lottery players in general and the "We are Colchester" Boars
for their continued support.
There remains the need for continued fundraising activity to complete the project to the point of opening in 2027. In
this regard, we have developed an exciting activity plan which will continue to engage with the local and wider
community. During 2025 we will, for the first time, be directly employing staff to work on the engagement plans
alongside the Trustees. Our audio visual and interpretation package is a key part of the programmes we plan to offer.
We are very grateful to the volunteers who have undertaken training and been enthusiastic guides participating in
tours and sharing their knowledge with visitors. The National Trust has been a key supporter in this respect.
Other Projects
Involvement with other projects has been on an advisory basis only.
The Trust continues to provide guidance to the Halstead 21st Century Group with their ambitions to conserve the group
of 2nd World War air raid shelters in the heart of Halstead. A compromise has been reached with the owning developer
of the land to build four houses while retaining all but four of the shelters, subject to planning approval.
Enquiries have been received from other organisations interested in preserving local architecture, seeking advice and
guidance based on the Trusts success milestones to date, and the design and funding experience of the Jumbo project.
Such enquiries have included such diverse projects as Birch Church, the Earl's Colne Museum, and the Shire Hall in
Chelmsford.
Finance & Risks
During the financial year we held limited reserves and are dependent on grant funding and general fundraising to
enable our work to continue to progress. As described, we have received substantial grant funding towards The
Jumbo Project enabling the commencement of its delivery.
We expect to become fully operational and to generate income ourselves, to be utilised for the future management
and maintenance of the water tower, ensuring its financial sustainability, and towards the promotion and facilitation
of other local projects.
We continue to monitor the building for any emergency works required. With roof and tank repairs undertaken in
recent years the need for further emergency works has been minimised for the time being. However, the rate of
deterioration is still concerning and can be volatile depending on the weather and temperature conditions. With the
plans now developed and funded, all is set for us to move forward to progress the permanent restoration and
conservation of this iconic water tower.
The Trustees have assessed the major risks to which the Trust is exposed and are satisfied that systems are in place to
mitigate exposure to those risks.
The Trustees continue to build on the internal structures, skills and policies to support the needs of Jumbo's future
activities and operation.
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Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the date of signature of the financial statements were:
Mr SAD Hall
Mr A G Marsden
(resigned 18'h September 2024)
Mr Cl Betts
MrRA Crayston
Mr P Bowman
Mr WE Hayton
Mr SM East
Ms L A D Kleineidam
Mr G Armstrong
Mr D Balcombe
Mr NS Charrington
Ms I M Day- nee Kettle
(appointed 20th December 2024)
(appointed 31st January 2025)
The Trustees are selected for their mix of skills in conservation, charities, property, architecture, law, finance,
local government and media. Their local knowledge and individual networks are also important considerations.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company
and guarantee to contribute £10 in the event of a winding up.
The Trustees report was approved by the Board of Trustees.
A4
Mr S A Hall
Chairman
Dated: 282 Ochka 2025
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Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF COLCHESTER & NORTH EAST ESSEX BUILDING
PRESERVATION TRUST
I report to the trustees on my examination of the financial statements of Colchester and North East Essex
Building Preservation Trust (the Trust) for the year ended 31 March 2025
Responsibilities and basis of report
is the trustees of the Trust (and also its directors for the purposes of company law) you are responsible for th
reparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 200
Having satisfied myself that the financial statements of the Trust are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Trust's
financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my
examination I have followed all the applicable Directions given by the Charity Commission under section
145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by section 386 of the 2006 Act; or
2
3
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act
Oiner than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination; or
4
the financial statements have not been prepared in accordance with the methods and principles of the
statement of Recommended Practice for accounting and reporting by charities applicable to charitie
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK anc
Republic of Ireland (FRS 102).
I 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 order to enable a proper understanding of the financial statements to be
reached.
GMS
Vincent Mellett FCCA
Granite Morgan Smith Limited
122 Feering Hill
Feering
Colchester
Essex
COS 9PY
xxxxxxxxxxx
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Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Income from:
Donations and legacies
Investments
Ticket Sales
Total income
Expenditure on:
Charitable activities
Net gains/(losses) on investments
Net movement in funds
Fund balances at 1 April 2024
Fund balances at 31 March 2025
Notes
3
4
5
6
7
The statement of financial activities includes all gains and losses recognised in the year.
2025
€
71,609
761,502
264
5,628
839,003
510,504
137
328,362
58,138
386,500
2024
400
247,031
203
1200
1,033
248,667
321,143
108
(72,638)
130,506
58,138
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.
-6-

Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
2025
Fixed assets
Investments
Land
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within
one year
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds
Notes
11
13
€
2024
5,467
119,181
5,604
109,297
14
77,243
297,829
375,072
(113,220)
44,406
61,709
106,116
(162,878)
261,852
386,500
(56,761)
58,138
386,500
386,500
58,138
58,138
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025. No member of the company has deposited a notice, pursuant to section 476,
requiring an audit of these financial statements.
The Trustees have responsibility for ensuring that the charity keeps accounting records which comply with section
These financial statements have been prepared in accordance with the provisions applicable to companies subject to
the small companies' regime.
The financial statements were approved by the Trustees in xxxxxxxx
Mr S A Hall
Trustee
Company Registration No. 03020005
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Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
Charity information
olchester and North East Essex Building Preservation Trust is a private company limited by guarante
noestered in Cland and Wales. The registered office is Walcotts Hall, Coggeshall Road, Great Tey
1.1 Accounting convention
The financial statements have been prepared in accordance with the Trust's Memorandum and Articles of
the Companies
Act 2006 and "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)" (as amended for accounting
periods commencing from 1 January 2016). The Trust is a Public Benefit Entity as defined by FRS 102.
The Trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1
not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Trust. Monetary
amounts in these financial statements are rounded to the nearest €.
The accounts have been prepared under the historical cost convention, modified to include the revaluation of
certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the Trust has
adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to
adopt the going concern basis of accounting in preparing the financial statements.
1.3
Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives unless the funds have been designated for other purposes.
Incoming resources
Income is recognised when the Trust is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Trust has been notified of
the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation
to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Trust has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent
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•
Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
1.5 Resources expended
Resources expended exclude attributable VAT, which can be recovered.
1.6 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
income/(expenditure) for the year. Transaction costs are expensed as incurred.
1.7 Financial instruments
Basic financial instruments are initially recognised at transaction value and subsequently measured at
amortised cost. Financial assets comprise cash at bank and in hand, together with trade and other debtors. A
specific provision is made for debts for which recoverability is in doubt. Cash at bank and in hand is defined
as all cash held in instant access bank accounts and used as working capital. Investments are held at fair value
at the balance sheet date, with gains and losses being recognised within income and expenditure. Financial
liabilities held at amortised cost comprise all creditors.
2
Critical accounting estimates and judgements
In the application of the Trust's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
Donations and legacies
2025
2024
Donations and gifts
71,609
400
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•
Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4
Grants
5
Grants received
Investments
6
Income from listed investments
Ticket Sales
2025
€
761,502
2025
€
264
2025
€
5,628
2024
247,031
2024
E
203
2024
€
1,033
7
Ticket Sales
Charitable activities
Insurance
Independent Examiners fee
Legal & professional - other
Director costs
Jumbo Heritage Programme
Rent
Office expenses - other
Maintenance & Repairs
Subscriptions
2025
34,014
1,903
22,009
578
417,357
10,000
2,687
21,896
60
510,504
2024
32,301
2,424
100
9,828
251,605
10,000
14,885
321,143
8
9
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
Trust during the year.
Employees
There were no employees during the year.
- 10-

Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Net gains/(losses) on investments
2025
€
2024
Revaluation of investments
Gain/(loss) on sale of investments
137
137
108
11
Fixed asset investments
Cost or valuation
At 31 March 2024
Valuation changes
Disposals
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
Listed
investments
€
5,604
(137)
5,467
5,467
5,604
Fixed asset investments revalued
Listed investments are included at the market value at the balance sheet date.
12 Financial instruments
Carrying amount of financial assets
Equity instruments measured at cost less impairment
Carrying amount of financial liabilities
Measured at amortised cost
2025
€
5,467
113,220
2024
€
5,604
162,878
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Company Registration No. 03020005 (England and Wales)
COLCHESTER & NORTH EAST ESSEX BUILDING PRESERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Debtors
2025
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
58,099
19,144
77,243
2024
(418)
44,824
44,406
14
15
16
Creditors: amounts falling due within one year
Trade creditors
Directors Loan
Accruals and deferred income
2025
€
101,723
11,167
330
2024
€
142,548
20,000
330
Company limited by guarantee
The charity is limited by guarantee. The members of the company are the trustees named on the list of members.
In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member.
Related party transactions
No guarantees have been given or received.
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