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 com￿nY numbv 0358￿6 RO￿tt•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 coP￿E￿[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. Objactl￿8 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 c￿rItIeS 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 thfP3r￿S 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& HOwe￿r 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 t￿t 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. Re￿OnI1b111tllI 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 thR￿amInatIO0 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 I￿eStmentS 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 I4￿75 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¥