2024-10-31-accounts

LANDOWNERS OF CROSTHWAITE & LYTH (Charity number 1073467) STATEMENT OF FINANCIAL AFFAIRS FOR THE Y/E 31st October 2024 Unrestrl¢t•d Funds Y••r Year Funds 314)rt-24 31.Ocf-23 INCOME Investment Income Building society Interest Rents & Licences Environmental Grants Sundry Income TOTAL INCOME 2882.78 1097.18 2882.78 1097.18 12705.76 25654.28 447.40 42787.40 2529.77 540.83 13299.92 7171.53 257.00 23799.05 li 12705.76 25654.28 447.40 30081.64 12705.76 EXPENDrfuRE Direct CharÉtable Gifts / Grants Insuran Management Fees & Expenses Fencing Transfer to Building Reser4e Fund Sundry Expenses TOTAL EXPENDITURE 1500.00 2509.45 2248.16 17871.50 1000.00 742.58 25871.69 1500.00 2509.45 2248.16 17871.50 1000.00 742.58 25871.69 IS￿70.00 21x32 2251.68 1000.00 900.34 21286.34 io 0.00 Net Income / deficit Transfers between Funds NEf INCOME FOR YEAR 4209.95 12705.76 1691S.71 12705.76 -12705.76 0.00 16915.71 0.00 I69￿.n 2512.71 2512.71 Unrealised Gain / Loss on Investments 9648.13 964&13 Net Movement in Funds for Year 26563.84 0.00 26563.84 1903.81 Balan￿ Brought Forward 31 Oct 2023 Balance Carried Forward 310rt 2024 236425.13 262988.97 2364Z5.13 262988.97 234521.32 236425.13 o.Th) BALANCE SHEEf at 31st ocfoBER 2024 Freehold Land & Buildings Investments - CCLA Investment- B4RN Cash at Bank & in Hand Cumberland Building Society Building Reserve Fund Creditors Ti7fAL ASSEfs i FUNDS EMPLOYED 87000.00 119405.20 5000.00 28992.93 28702.84 -5000.00 -1112.00 262988.97 87000.00 119405.20 5(K)O.00 28992.93 28702.84 -5000.00 87000.00 99757.07 22941.00 27605.66 li 13 -1112.(Kl 262988.97 -1878.60 236425.13 REPORT OF THE HON. AUDITOR I confirm the the Statement of Financial Affairs for the year ended 31st Ortober 2024 and Balan Sheet as at that date are tn accordance with the books and vouchers of the Landowners of Crosthwaite and Lyth an n and explanations given to me. Slgned ........ IAN TOMLINSON

THE LANDOWNERS OF CROSTHWAITE AND LYfH (Charity no 1073467) NOTES TO THE ACCOUNTS 31st October 2024 1 ACCOUNTING POLICIES The Land0￿er$ of Crosthwaite and Lyth became a registered charity on the September 1998 under a scheme approved by the Charity Commissioners. These accounts have been prepared in conformation wilh the requirements f, smaller charities as laid down in the Standards of Recommended Practice. 2 INVESTMENTS Market Value Bought Unrealised Market yle Gain Value COIF Short Duration Bond 25390.74 units SUB TOTAL COIF Investment Fund 3840.36 units 504 . 34units bought 81812024 SUB TOTAL 30129 30129 1810 1810 31939 31939 69628 7685 77313 10153 87466 10000 10000 153 7838 69628 TOTAL 99757 10000 119405 3 FREEHOLD LAND & BUILDINGS The land granted to the Township of Crosthwaite and Lyth under the Heversl Award dated 14th June 1815, together with the Township Cottage (and other built since the Award) form the permanent endowment of the Charity and are included under endowment funds in the Balance Sheet. Title to these assets by the Official Custodian in trust for the Charity. These assets have never be and are shown in the Balance Sheet at nil value. The surplus arising from these properties is shown under the End0￿￿￿ent Fu Statement of Financial Affairs. This surplus is available to the Trustees to spi see fit and, thus, is unrestricted. These surplus funds are, therefore, transfen the Endowment Fund to the Unrestricted Fund, leaving the Endowment Fund balance. The Quarry woodland aquired during the year 199912000 is not part of the or endowment and hence is shown under unrestricted funds at cost (£4,500) The Charity owns the freeho 99 year peppercorn lease to the Recreational Field Trust and has been writtf nil value in these Accounts. An area of woodland, called Fellside Plantation, was gifted to the Landowner Crosthwaite and Lyth in 2009 and is included in the accounts at nil value. In the financial year 2021-2022 the Landowners aquired land to the south of The High Farm, Crosthwaite for £82,500 and this is included under Freehc Land & Buildings.

4 RENTS Township Cottage - M Park Tovmship Allotment - J W Sharp Quarry Hut Licence - P Mallinson 2024 6206 6500 2023 6770 6500 30 13300 12706 5 ENVIRONMENTAL GRANTS CS Township & Fellside Plantations CS Capital - High Allotment Fencing CS The High Allotment Basic Payment Scheme - High Allotmen 2024 5879 10355 8544 876 25654 2023 5879 1293 7172 6 SUNDRY INCOME Coppicing Rights Legal fees refund Wayleave 2024 330 80 37 2023 220 37 257 7 CHARITABLE GIFTS I GRANTS 2024 2023 Crosthwaite School Recreational Field Trust Defibrillators for Village 10000 5000 500 1000 1500 15000 8 MANAGEMENT FEES & EXPENSES Carter Jonas.. Basic Management Fee Expenses VAT 2024 2023 1800 74 374 2248 1450 426 375 2251

9 BUILDING RESERVE FUND Opening Balance Transfer in current financial year Total per Accounts 2024 4000 1000 5000 2023 3000 1000 4000 10 SUNDRY EXPENSES Room Hire Cotoneaster control Website storage High Allotment - misc Tony Marshall 1 st aid training James Park - ash tree removal 2024 2023 15 580 15 130 51 97 195 320 900 743 11 CUMBERLAND BUILDING SOCIETY Opening Balance Interest Closing Balance 2024 27605 1097 28702 2023 27065 27605 13 CREDITORS Carter Jonas- Management Fees 2024 1112 1112 2023 1879 1879 14 CONTINGENT LIABILITIES As at 31 st October 2024 the Charity had no contingent liabilities.