Charlty rellttratlon numb•r 1078747 Compny reg15tratlon number 03589046 {En8land and Wal•B) MOULTON WINDMILL PROJECT LIMITED ANNWIL REPORT AND UNAUDITED FINANCIAL srArEMENTS FOR THE YEAR ENDED 30 JUNE 2024
MOULTON WINDMILL PROJEcf UMITED LEGALAND ADMINisfRATIVE INFORMATION Trurt••J Mr B Hahn K Kearns Mr D Buck MrA Lambert Mr J Grlmwood Mr R Oldernhaw Mr G Hoare MrD Hall Mrcworth Mr K R Rlchardson MrlRBetts Mrs M A Lambert (Appolnted l July 2023) IAppolnted l July 20231 {Appolnted l July 2023) Chrlty numb 1078747 comnY numbv 03586 ROtt•r•d offlc• Moulton Wlndmlll Hl8h Street Moufton Spaldlni Llncolnshlre PE12 6Q8 In*nd•nt •x•mln•r TC Group 33 Boston Road Holbeach rpaldln8 Llncolnshlre PE12 7LR
MOULTON WINDMILL PROJECT UMITED coPE[S Trustees, report Statement of trustees, responslbllltles Independent examlner's report Statement of Ilnandal actlvltles Balance sheet Nots5 to the flnanclal ststemerts 8-17
MOULTON WINDMILL PROJECT LIMITED TRUSTEES, REPORT IINCWDING DIREcfoRS' REPORT) FOR ThIE YEAR ENDED 30JUNE2024 The trustees, who are dlrectors for the purpose of company law. Present thelr report and flnancknl statements for the year ended 30 June 2024. Objactl8 and acthillle• Oblects andalms. _ The charftles objectlve Is:_ 'the restoradon of Moulton Mlll to full wlnd power and to preserve the mllllns herftage of the tdlest mlll In the Unlted Klngdom" Durfn8 the under revlew the thartty has met these objectlves by generat1 Income by openln8 the rnlll to the general publlc and fundrnlslng actlvttles. blkbenefft In plannln8 our acdvftles for the year we kept In rnlnd crItIeS Cornmlsslon's wldance on publlc benefit at our trustees, meellw. To achlove these objectlves, the trustees monltor closely how the project Is dellvered In accordance wlth its stsndards and to m•xlrnlse the value to the ben•ficthry groups. The trustees are very 8ratefvl to the volunteers who have 8fven thelr tlme so 8enerously In helplng the charfty durln8 the year. The tru5tee5 confirm that they have complled wlth the requlrements of s•¢tlon l? of the Chirltles Act _2011 to have due regard to the publlc benefit 8uldance publlshed by the Charlty Commlsslon for England and Wale5. Flnind•l r•vl•w The board of trustee5 conducts an annual levlew of the level of unrestrkted reserves not commltted or Invested In tan8lble fmd assets ('the free reserves'l Th. the 8eneral fund by con51derln8 the r15k5 assoclated wlth thfP3rS Income streims. expendlture plans and b•l4nce sheet Items. Thls enables an estfrnate to be rnade of the level of reseNes that are sufficlenL 11 to •llow for reor8anlsatSon In the event of a downtum of Income or asset value5 11) to protect on8oln8 work programmes 111) to provlde for routlne and exceptlonal malntenance The charlty has a rolllng 5 year capltal plan that Is regularly revlewed by the trustees to ensure compllance, malntenance and sU5tsin•bilty of the project. The level of reserves are In Ilne wlth the charlty's rlsk management strate8y. Under the constltutlon, the charlty has the power to make any Investment whlch the trustees see ft provlded approprlate advlce Is tsken from a professlonally quallfled person under the Flnancial Services Att 198& HOwer the trustees thoose to take a prudent appro•ch and temporarlly Invest surplus funds In bank dep051ts.
MOULTON WINDMILL PROJECT LIMITED TRusfEES' REPORT (INCWDING DIRECTORS, REPORn (coKnNUED) FOR THE YEAR ENDED 3OJUNE2024 StnKWr•p pv•manc• Ind rnan•pment Nature of qovernlnq documert The charlty Is a company Ilmlted by guarantee Jnd does not have any share capttal. It was Incorpornted on the 26 June 1998 and Is a re8lstered charlty. Re¢rultmert ond appolntm•nt oltnutees The trustees who have semd durln8 the year and slnce the year end are set out on pa8e l. The bojrd of trustees have the 8eneral control and management of the adrnlnlstratlon of the charlty. Trustees offer themselves for electlon to the board of dlrectors at the annual ieneral meetln81 where thelr appolntment15 Voted upon by the trustee5 present. Tho trustees have examlned the rnajor strate81¢ busln•ss ind operatlonal r15ks whkh the charfty faces and conflrm that Systems have been establlshed to enable regular reports to b• produced so thit the necessary steps can be tsken to less•n these rf$ks. Inductlon and trqlnlno oltrustaes New trustees undew> orfentatlon sesslons whlch Include observatlon at a cornmlttee meetlng prlorto becomln8 a trust. vlsltln8 the charlty to famlllJr15e themselves In tbe way thè orynlsatlon carrfes Out Its day.10 day dutles and Implem•nts declslons, buslness plannln8• the charltles constltutlon Ind flnanclal performance are also The board of trustees ère trdlned ItLthe rules and responslbjlllles of belng a trustee of the charlty. Flnand•l Instruments ObJeclfve5 andpollcles The charfty's actlvltles expose It to a number of flnanclal rfsks Includlng credlt r15k, cash flow rlsk and Ilquldlty rlsk. The use of flnanclal derlvatlves Is 8overned by the charlty's pollcles appmved by the board of trustees whlth provlde written prlndples on the use of flnandal derlvatlves to mana8e these r15ks. The charlty does not use derlvattve flnanclal Instruments for speculatlve purposes. The trustees, report was approved ty the Board of Trustees. MrG Hoare Trust
MOULTON WINDMILL PROJEcf LIMrrED STATEMEKf OF TRusfEES' RESPON518iufiES FOR THE YEAR ENDED 30JUNE2024 The trustees, who are also the dlrectors of Moufton Wlndmlll Project Umfted for the purpose of company law, •rn responslble for preparfn8 the Trustees, Report and the financlal statements In accordance wlth appllcable law and Unfted Klngdom Accountln8 Stsndards (Unlted Kln8dom Generally Acceptsd Accountlng Practlee). Company Law requlres the trustees to prepare finandal statements for each fln8ncl81 year whlch 8hn a true and falr vlew of the stste of affalrs of the charlty and of the Incomln8 resources and appllcation of resour, Includln8 the Income an expendlture, of the charltable cornpny for that yeir. In preparlng these flnandal statements, the trustee5 •re requlred to; - select sultable accountlng pollcles and then apply them conslstently: - observe the methods •nd prlnclples In the Charltles SORP: - make Judgements and estlmatas that are rnasonable and prudent; - state whether appllcable UK Accountlng Standards have been followed. subject to any materfal departures dlsclosed and explalned In the flnanclal statements: and - prepare the flnan¢l•l statements on the 8oln8 concern basls unle55 tt h Inapproprlatr to presume that th• charlty wlll contlnue In operatlon. The trustees are respon51ble for k£epln8 adequate accountln8 records tt dlsclose wlth reasonable accuracy at any tlme the flnanclal posltlon of the charfty and enable them to ensure that the flnandal statemerts comply wlth the Companles Act 2C#)6. They are also responslble for safe8uardln8 the asset5 of the charfty and hence for tskln8 reasonable rteps for thepreventlon and detectlon of fraud and other Irre8ularltler'
MOULTON WINDMILL PROJECT LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOULTON WINDMILL PROJEcf UMrrED I report to the trustees on my examlnatlon of the financlal ststements of Moufton Wlndmlll Project Llmlted (the charlty) for the year ended 30 June 2024. ReOnI1b111tllI and ba$ls ol rnport As the trustees of the charlty {Jnd also Its dlrectors for the purpose5 of company law) you are r&ponslble for the preparatlon of the flnanclal ststements In accordance wlth the requlrements of the ComD.anles Act 211 (the 2006 Act). Havln8 sa115fied myself that the finandal statements of the charlty are not requlred to be audlted under Part 16 of the 2(X16 Act and are ellglble for Independent examlnatlon, I report In respect of my examlnatlon of the charlty's flnanclal staternents carrled out under sectfon 145 of the Chèrltfes Act 2011 (the 2011 Act). In carryln8 Out my examlnatlon I have followed all the appllc•ble Dlrectlons glven by the Chartty ComrnLsslon under sectlon 145(5)(b) of the 2011 Act. Ind•p•nd•nt •xamln•r'i rt•t•rnent I have completed my examlnatlon. I conftmi that no matters have come to rny attentlon In connectlon wlth the examlnatlon 8lvln8 me cause to belleve that In any materfal respect: accountln8 records were not knpt In respect of the charfty as requlred by sectlon 386 of the 2006Art,' or the flnanclal statements do not accord wlth those records; or the flnanclal statements do not comply wfth the accountln8 requlrements of sectlon 396 ofthe 2006 Act other than any requlrement that the accounts 8fve a true and falr vlew whl¢h Is not i matter consldff•d as pirt of an Independent examlnatlon; or the flnanclal statements have not been prepared In accordance wlth thé methods and prlnclples of the Statement of Recommended Prnctlce for accountln8 and reportlng by charltles appllcable to charltles preparfn8 thelr accounts In accordancè wlth the Flnandal Reportln8 Standard appllcable In the UK and Republlc of Ireland (FRS 1021. I have no concerns.And_have come acrosLD.O Other matters In connectlon wfth thRamInatIO0 to yh attentlon should be drawn In thls report In order to enable a proper understandln8 of the financlal statements to be reached, Chrlstopher McKenna ACA TC Group 33 Boston Road Holbeach Spaldln8 Llncolnshlre PE12 7LR Dated:....
MOULTON WINDMILL PROJECT UMITED STATEMENT OF FINANCIALAcnviTIES INCWDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 30JUNE2024 Unrastrfrted Unreitrfctod fundi funds 2024 2023 Donatlon5 and le8Jcles Ch•rltable actlvftles Other tradln8 actlvliles IeStmentS Other Income 7.997 7,629 ,901 5,015 496 11348 9,423 1,689 19,580 Totsl Income 61,358 43,389 Ralsln8 funds Charltable •¢tlvltles I475 38,212 12,033 29,523 Tot•1 ryi•ndltur• 53,087 41,556 Nat4ncom• and mov•m•rt In fundj 8,271 1,833 Fund balances at l July 2023 105.566 103,733 Fund b•linc•B at 30 Jun• 2024 113037 105,566 The ststernent of flnancl81 Jrttvltles Includes all galns and losses reco8nlsed In the year. All IKome and expendlture derlve from coniinuln6 actlvltles.
MOULTON WINDMILL PROJEcf UMITED &4LANCE SHEET AS AT30JUNE2024 2024 2023 Tanglble assets 14 15.496 16,189 Curr•nt _. Stocks Debtors Cash at bank arKI In hand 828 5.132 105,135 1,089 4,550 97,188 IIL095 102,827 Cr•dltorn: qmounts f•llln8 du• wlthln an• ar 17 112,754) (13A501 Net cuvr•nt aii•ti 98,341 89377 Tatil isnts lus current nabllltl 113,837 105,566 N•t •M•ts •xdudln8 p•nilon Il•blllty 113,837 105,566 Th• lundi of the charfty Unrestrfcted funds 113,837 105,566 113.837 105,566 The company Is enthled to the exemptlon from the audlt requlrement contalned In sertlon 477 of the Companl•s Art 2LWJ6. for the year ended 30June 2024. The dlrectors acknowledge thelr responslbllltfes for complylng wlth the requlrernents of the Companle5 Art 2006 wlth respect to accountln8 record5 and the preparatlon of financlal ststements. The members hwe not requlred the company to obtaln an audlt of Its flnanclal Statements for the ye•r In question In accordance wlth sectlon 476. These flnanclal statements have been prepared In Iccordance wlth the prov151ons appllcable to companles subject to the small companles reglme.
PIAXJLTON WINDMILL PROJECT UMITED BALANCE SHEEf (CONTINUED) ASAT30JUNE2024 The flnanclal statements were approved by the trustees on ...l-* -.Wr... Mr A Lambert MrG Trust oarn Company re8l¥<rdtlon number 03589046 IEwland and W•le5)
MOULTON WINDMILL PROJEcf UMITED NOTES TO THE FINANCIAL STATEMENTS FOR TIIE YEAR ENDED 30JUNE2024 Accountlry polld•s Charfty Informrtlon Moulton Wlndmlll Project Llmlted Is a prlvate company Ilmfted by 8uarantee Incorporated In England and Wales. The re8lstered ¢ffice Is Moulton Wlndmlll, Hl8h Street, Moulton, Spaldln& Llncolnshlre. PE12 6QB. Ll Accountln8 conbTntlon The flnandal Statements have been prepared In accordance wlth the charlty's govemlnE document, the Compnles Act 2(X16 and "Accountln8 and Reportln8 by Charltles: Statement of Recommended Prattlce applkable to charllles preparfng thelr accounts In accordance wlth the Flnanclal RertIng Stsndard appllcable In the UK and Republlc of Ireland (FRS 1021 {effectlve l January 20191. The charlty 1$ a Publlc Benefft Entlty as defined by FRS 102. The charlty has taken advants8e of the provlslons In the SORP for tharrtles applyln8 FRS 102 Update Bulletln I not to prepare a Statsment of Cash Flows. The flnanclal statements are prepared In Y<erlln& whlch Is the functlonal currenLy of the charlty. Monetary amounts In these finjnclal statements are rounded to the nearest £. The Ilnanclal stit•ments have been prepared under the hlstorlcal c05t conventlon, [modMed to Indude the revalujtlon of freehold propertles and to Indude Investment propertles and certaln flnandal Instruments at falr valuej. The prlndpal accountln8 pollcles adopted are set out below. 1.2 GOI concern At the tlrrie of approvln8 the flnanclal st8ternent5, the trustses have a reasonable expectatlon that the charlty has adequats resources to contlnue In operatlonal exlstence for the ft•re5ee•ble fvture. Thus the trustees contFnue to adopt the 8oln8 concern basls of accountln8 In prep•rln8 the flnanclal statements. 13 Charlt•blq furKIi Unrestrlcted funds are avallable for use at the dlscretlon of the trustees In furtherance of thelr charltsble obJeLtIvu. Restrlcted funds are subJeLt to speclfic condltlons by donors or 8rant015 JS to how they may be used. The purposes and uses of the restrlcted fvnds are set out In the notes to the flnanclal stoternerrt5. Endowment funds are subjert to specthc condltlons by donors that the capltal must be malntalned by the charlty. 1.4 Incorn• Income Is reCnIsed when the charlty Is legally enfftled to It after any perfomiance condltlons hwe been met, the amounts can be measured rellably• and ft Is probable that Incorne wlll be recelved. Cash donaifons are reco8nlsed on recelpt. Other donatlons are reco8ni5ed once the charlty has been notified of the donatlon. unless performance condltfons requlre deferral of the amount. Income tsx recoverable In relatlon to donation5 recelved under Gfft Ald or deeds of covenant15 reco8nlsed at the tlme of the donation.
MOULTON WINDMILL PROJEcf UMITED NOTESTO THE FINANCIAL srArEMENTS (CONTINUED) THE YEAR ENDED 30JUNE2024 AcCntIng pollcl•s (Contlnuedl Le8acles are recognlsed on recdpt or otherwlse If the charlty has been notlfled of an Impendln8 dlstrlbutlon. the amount Is known, and recelpt Is expected. ff the amount Is not known, the legacy Is treated as contlnaent asset. L5 Ewndltum All expendlture Is reco8nlsed once there Is a legal or constructfve obllptlon to that expendltur4 It 15 probable settlement Is requlred and the amount can be measured rellably. All costs are allocated to the appllcable expendtture headlng that ag8re8ate slmllar costs to that cats80ry. Where costs cannot be dlrertlv attrlbuted to partlcular headln85 they have been •llocatsd on a ba515 conslstent wlth the use of resources, wlth central stsff costs allocatsd on the basls of tlme spent. and depreclatlon char8es allocated on th• portlon of the assevs use. Other support C05t5 are •llocated based on the spread of staff costs. 1.6 Tan8lbl• fth•d Tan8lble fixed assets are Inltlally measured at C03t ind subsequentty m#$ured at cost or valuayon, net of depreclatlon and any lmpalmient1055es. Depreclatlon Is recognls•d so as to wrlte off the cost or valuatlon of assets less thelr resldual values fftr thelr useful Ilv•s on the followln8 bgses: Equlpment Tea room equlpment ccrv equlpment IO% redudn8 baknnce 20% reducln8 balance 20% stral8ht Ilne The 8aln or loss arlslng on the dl$posal of an asset b detsmilned as the dlfference between the slle proceeds and the carryln8 value of the a55et, and Is recoKnlsed In the statsment of financlal artlvltles. 1.7 Imp•lmi•nt of fad •5sets At each reportlns end date, the charfty revlews the carylr& amounts of Its tsnwble assets to determlne. whether there Is any Indlcatlon that those assets have suffered an Impalrment1055. If any such Indkatlon exlsts. the recoverable amount of the asset Is estlmated In order to detemilne the'extent of the Implrment- loss (If any). IA Stoc stocks are stated at the lower of cost and estlm*(ed selllng prfce less costs to complete and sell. C05t compr15e5 dlrect materlals and, where appllcable, dlrect labour costs and those overhead5 thjt have been Incurred In brlngln8 the stocks to thelr present locatlon and condltlon. Items held for dlstrfbutlon at no or nomlnal conslderntlon are measured the lower of replacement cost and cost. Net reallsable value b the estlmated 5elllnB prlce less all e511matsd costs of completlon and costs to be Incurred In marketln& 5ellin8 and distrfbutlon. 1.9 Cash •nd c•%h equlvalants Cash and cash equlvalerrts Indude cash In hand, deposlts held Jt call wlth banks, other short-terrn Ilquld Investments wlth orlglnal maturltles of three month5 or less, and bank overdrafts. Bank overdrafts are shown wlthln borrowlngs In current Ilabllftie5.
MOULTON WINDMILL PROJEcf UMrrED NOTES TO THE FINANaAL STA7EMEpirs (coKnNUED) FOR THE YEAR ENDED 30JUNE2024 Attountlng polldes Iconllnued) LIO Fln•ncl•l Initrum•ntJ The charlty has elected to apply the provlslons of Sectlon 11 '8a51c Flnanclal Instrumenw and Secllon 12 'Other Flnanclal Instrurnents Issues, of FRS 102 to all of Its flnanclal Instruments. Flnanclal Instruments are reco8ntsed In the charltvs balance sheet when the charlty becomes party to the contrnctual provlslons of the Instrument, Flnandal assets and Ilabllttles are offset, wlth the net amount5 presented In the flnandal statements, when there Is a legally enforceable rl8ht to set off the reco8nlsed amounts and there Is an Intentlon tosettle on net basls or to reallse the asset and settle the Ilablltty slmultaneouslv. Baslc fln•nclal assets, whlth Indude debtorn and cash and bynk balances. are Inltlally measured at transactlon prlce Includln8 trnnsartlon costs and are subsequentty carrd at amortlsed cost usln8 the effectlve Interest method unless the arrangement con5tltutes a flnanclng transactlon, where the traaCtIOn Is measured at the pent value of the future recelpts dlscountsd at a marknt rats of Interest. Flnandal assets classlfled as recelvable wlthln one year are not amortlsed. Baslcflnqftdal llablllrfu Baslc flnanchl Ilabllltles, Includln8 credltors and bank loan5 are Inltlalty reco8nlsed at transattion prke unhss the arrnngement consdtutes a flnancln8 tranuctlon, where the debt Instrument15 mwured at the prnsent value of the fvture payments dlscounted at a market rate of Interest. Flnanclal Ilabllftles classffled as payjble wfthln one year are not Jmortlsed. Debt Instruments are sub5equentty carrled at amortlsed cos( usln8 the effectlve Interest rate method. Trade credltots are obll8•tlons to pay.for-8oods or servlces that have been acqulred In the ordlnary course of operatlons from suppllers. Amount5 payable are cla551fled as current Ilabllltles ff paymentls due wlthln one ' year or less. If not, they are presented as nOrcUrrent Ilabllltles. Trade credltors are reco8nlsed Inftlalty at transictlon prfce and subsequently measured at amortlsed cost usln8 the effecllve Interest method. Derncoonllfon olflnondal Mablllrfes Flnanclal Ilabllltles are dereco8nlsed when the charlvs contractual obll8atlons explre or are dlschirged or cancelled. 1.11 Employe• b•neflt• The cost of any unused hollday entltlernent Is recognlsed In the perfod In whlch the employee's seNlces are reCeId. Termlnatlon benefits are reco8nlsed Immedlatefy as an expense when the charlty Is demonstrnbly commltted to termlnate the empbyrnent of an emplOe or to provlde termlnatlon benefits. -10-
MOULTON WINDMILL PROJECT UMrrED NOTES TO THE FINANaAL sfATEMENTS ICONTINUEDI FOR THE YEAR EP4DED 301UNE2024 fxhlcal account1 QMIt•S and Jud8em•nts In the appllcatlon of the charfty's accountlng pollde5, the trustees are requlred to make Judgements, estlmates and assumpuons about the carryln8 amount of assets and Ilabllltles that Jre not readlly apparent from other sources. The estlmates and assoclated assumptfons are based on hlstorkal experlence and other factorsLhat are consldered to be relevant: Actual results m4y dlffer from_these esllmates. The esiimate5 and underlyln8 •ssumptlons are revlewed on an on8oln8 basb. Revlslons to acc¢untln8 estlmates are recognlsed In the perfod In whlch the estlmate Is rev15ed where the lSIon affects that perlod, or In the perlod of the revlslon and future perlods where the revlslon Iffects both current and fvture perkjds. Don•tlonJ and hB•cI UnMtrf¢t•d Unrestrlcted fvndi funds 2024 2023 Donatlons ind 8fft5 Donatlon from Frlends of Moulton Mlll Donated goods and servlces 3,167 4,081 749 2,818 4,043 Don•t•d 800th •nd i•Nk•i Donated facllltles relates to the provlslon of free rntes from South Holl•nd DlstrlC( Councll. Incom• from ch•rltsble •ctMtles Unrertritt•d .JlnreJts4¢ted lundg fundi 2023 Admlsslon fees Tea room Income Gfft shop Income 4,161 11,856 6,652 3,387 8.955 6.559 22,669 18,901 11
MOULTON WINDMILL PROJEcf UMITED NOTES TO THE FINANaAL STATEMEKf5 (CONTINUED) THE YEAR ENDED30JUNE2a24 Income from other kndlni aciivltf•s Unr•strfthd Unrnitrlctad fundi fun 2024 2023 Fundralslng ents 9,423 5,015 Income from Inv•rtm•nts Unrrftrfct•d Unr•rtrlcted funth fundl 2024 2023 Interest recelvable 496 Oth•r Income Unrertrfct•d Unrnstrlct•d fun fundi 21Y24 2023 Insurance dalm 19,580 11,348 12-
VL)ULTON WINDMILL PROJECT UMfTED N17fES TO THE FINANCIAL sfATEMENTS (CONTINUED) THE YEAR ENDED 30JUPIE2024 8 R•lsln8 funds Unr•strfrted Unrestrlcted lunth funds 2023 Adverd51ng Other fundr•151n8 Costs 319 1,984 257 Fundralslng and publlclty 3.318 2,303 Purchase of food (•s adjusted by stockl Gfft shop purchases 4,905 6,652 3,171 6,559 Tea room and lft shop expenses 11,557 9,730 14,875 12,033 13-
MOULTON WINDMILL PROJEcf UMrrED NOTES TO THE FINANaAL STATEPJIENTS {coKllNUEDJ FOR ThE YEAR ENDED30JUNE2024 Charftabl• actlvltl Charltobl• Ch•rlt•bl• Expendlture Exp•ndltur• 2023 Rent General and water rntes Insurance Llght, heat and power Repalrs and malntenance Llcences Prlntln& postage and statlonery Telephone Computer expenses Accountancy fees Bjnk charyes and card machlne expenses Mlll remedlal work Sundry expenses Depreclatlon Release of 8rnnt 1,080 4,079 2,431 2.591 4J68 985 4,830 791 501 412 295 437 1,410 275 11,528 31 2.176 (846) 19,983 37 2,179 1762) 38,212 29,523 38.212 29,523 10 Net movement In fundi 2023 The net movernent In fund51s stated after charglng/(credltln8): Depreclatlon of owned tan8lble flxed assets 2,179 2,176 11 Truitsei None of the trustees (or any persons connected wlth them) recelved •ny rnmuneratlon or beneflts fran the charltydurln8 the year. 14-
MOULTON WINDMILL PROJECT UMrrED NOTES TO THE FINANaAL STATEMEKfs (coKfiNUED) FOR THE YEAR ENDED 30JUNE2024 12 Employe The &wera8e monthly number of emplLiyees durlng the year was: 2023 Numb•r Numb•r Totsl There were no ernplws whose annual rernuneratlon was more than £60,LDJ. 13 T•x•don The charlty h exernpt from tsyAtlon on Its actlvltles because all Its Incomels applled for charltablo purposes. 14 Trnslble faed •M•ts Ib• Mom CCIV•4ulwn•rt •Wpm•nt At l July 2023 Addltlons 8,748 1.1 IL031 48,742 372 'At jUne 2024 29,335 9,862 IL031 50,228 D•pr•¢latlon and Impalrni•nt Atlluly 2023 Depreclatlon char8ed In the year 1£851 IA46 6.787 615 10,913 32,55l_ 2.179 At 30June 2024 16,299 7A02 11,031 34,732 C•rryln8 amount At 30 June 2024 13,036 15,496 At 30 June 2023 14,110 1,961 16.189 15 Sto¢kg 2024 2023 Stocks 1,089 16-
MOULTON WINDMILL PROJEcf UMrrED NOTES TO THE FINANCIAL sfATEMEKf5 (coKllNUED) FOR THE YEAR EPIDED 30JUNE 2024 16 Debto 2024 2023 Amounts hllln8 due wlthln on• year: Gfft ald tsx Other debtors Prepayments and accrued Income 863 394 3,756 3,687 5,132 4,550 17 Crndltorn: amounts f•111 due wlthln on• 2024 2023 Deferred Income Trade credltors Accruals 9,762 169 3.519 174 3.580 11754 ,450 18 D•ferr•d In¢om• 2024 2023 Other deferred IncoTne 9,000 9.762 19 Unrqthct•d funds The unrestrfcted funds of the charlty comprlse the unexpended balance5 of donatlons and Ernnts whlch are not subjert to speclfic condltlons by donors and 8rantor5 15 to howthey may be used. These Include desl8nated funds whlch have been set aslde out of unrestrlcted funds * the trustees for 5peclfic purposes. At l July 2023 IncomF rnsourcei R•sour¢•s •xpended At 30June 2024 General fvnds 105,566 61,358 (53,087) 113,837 16-
MOULTON WINDMILL PROJEcf UMrrED NOTES TO THE FINANaAL STATEMENTS (coKllNUEDI FOA THE YEAR ENDED 30JUNE2024 19 UnrnJtrfrt•d fundi (Conrfnu•d) At l July 2022 Incomlni reiourc Regourl p•nded 2 30 Jun• 2023 General fund5 103.733 43389 (41,556L 105,566 20 An•lyJli ol n•t •M•ts b•tw••n fund• Unr•rtrf¢t•d lundi 2024 At Jun• 2024: Tin8lble assets Current assetsl(Ilabllltlesl 15A96 98341 113,837 Unr•rtrl¢t•d fundj 2073 At 30 Jun• 2023: Trn8lble Jssets Current assets/(Ilabllliles) -16,18 89.377 105,566 21 Relitad party traniactlo There were no dlsclosable related party transactlons durln8 the year (2023- none). 17.