COMPANY REGISTRATION NUMBER: 04175186 CHARITY REGISTRATION NUMBER: 1086243 The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 CARLING ACCOUNTANTS LIMI Reporting Accountants The Studio 1 Canons Lane Burgh Heath Surrey Iff20 6DP
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Financial Statemants Year ended 31 March 2025 Pages Trustees, annual report (incorporating the director's report) 1to6 Independent examinerts report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 10t017
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and admlnistratlve detalls Registered charlty name The Carshalton Water Tower and Historic Garden Trust Charlty reglstratlon numbor 1086243 Company registration number 04175186 Prlnclpal office The Lodge Carshalton House Pound Street Carshalton Surrey SM5 3PN Rog18tered office The Studio 1 Canons Lane Burgh Heath Surrey Kr20 6DP The trustees Mr C Orton Mrs J Gertz Mrs J Knight Mr M Symes MrDYeo Mr A R Thorpe Company secrntary Mrs J Knlght Independent examlner Brooks Carling Accountants Limited The Studio 1 Canons Lane Burgh Heath Surrey 20 6DP
The Carshalton Water Tower and Historic Garden Trust Company Limitsd by Guarantee Trustoes. Annual Roport (Incorporating the Director's Report) (¢ontlnued) Year ended 31 March 2025 Structure, govemance and management This Trust is a charitable company limited by guarantee. It was set up in 2001 to repla The Carshalton Water Tower Trust. In November 2006 the Trustees signed a 999 year lease with the Governors of St Philomena's Catholic High School for Girls, who also occupy Carshalton House Estate, to maintain, in addition to the Water Tower, Hermitage and Spring Head, a further part of the eighteenth<entury landscape garden of the estate, the north end of the lake area and the Sham Bridge. This lease completes the Trust's geographical area of responsibility of the eighteenth century pleasure grounds. The Trust receives a modest income from the Lodge, which was gifted to the Trust by The Daughters of the Cross of Liège, and interest on their endowment to the Trust in March 2007. This money remains invested to help ensure the continuance of the Trust. Additional funds necessary to fulfill the aims and objects'ves of the Charity are raised by the voluntary work of the Trustees, Friends and Volunteers. The Trust is govemed by a Memorandum and Articles of Association and the Trustees, responsibilities are to ensure that the charity has appropriate systems of control in place to facilitate.. o The most effective and efficient operation of the Charity as possible,. o The safeguarding of the Charity's assets, with regular financial consideration tsken into account. o To comply with relevant rules and regulations; o To adhere to company and charity law. The Trustees are required to prepare financial statements each year which give a true account of the Charity's affairs in accordance with the special provision of the Companies Act {2006) relating to small companies. In preparing these accounts the Trustees have: o Made judgements and estimates that are reasonable and prudent., o Stated whether applicable accounting standards have been followed,, o Prepared the financial statement on the going concern basis. o Kept accounting records which show, with reasonable accuracy, the financial position of the Charity at any one time. The Charity comprises the Trustees, Management Team, and the Friends who cary out the day-to-day running and maintenance of the Trust's property. They also promote the Trust in accordance with their constitution, in the bona fide interest of the Trust and not to the benefit of themselves. The New Garden Committee liaised directly with the Trust's iwo neighbours on the estate. St Philomena's Catholic High School for Girls and St Mary's Catholic Junior School this year. The Trustees, and Friends, Committee work closely together. Five Trustees normally take part in stewarding on Sundays and on other public opening5, hosting private tours, giving talks, gardening and carrying out research. Trustees also form part of the New Garden Committee and are members of the Friends, Management Committee, who are an integral part of the decision-making process. When a person is invited to become a Trustee it is because of the expertise they can bring to the Trusys Management Committee, for their familiarity and agreement with the Trusvs aims and objectives. New Friends and Volunteers are gained by general public advertising, through the Friends, Newsletters and personal contact. The Trust exercises an equal opportunities policy and has a Friends'lvolunteers, Health and Safety policy. Information for Friendstvolunteers is set out in Handbook and in the Risk Assessment
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Trustees. Annual Report (Incorporating tho Directorfs Report) (contlnu8d) Year ended 31 March 2025 Document for the Water Tower. The Trust has a Collections Policy. General Communlcatlons 83 Grosvenor Avenue. Carshalton Beeches, Surrey, SM5 3EN, Tel: 020 8669 1548., Email.. irvineknight@btinternet.com Bankers The Trustees, Account: HSBC, 54 Woodcote Road, Wallington, Surrey, SM6 ONJ. The Friends, Accounts.. TSB Bank PLC, 40 Woodcote Road, Wallington, Surrey, SM6 ONR. Objectives and activltles The main objectives of the Charity are: o To conseNe and restore the Trust's property.. The garden follies., The grade11 listed early-eighteenth- century Water Tower and the Hermitage. The Spring Head and the mid*ighteenth century Sham Bridge., The Grade 11 listed Garden, with mid-eighteenth century Lake design and the Lodge. Regular monitoring is in place to evaluate the condition of each. This is carried out by the Trust through the Friends, Committee and the Garden Committee. Conservation and restoration is guided by the ongoing research of the Trustees and Friends., o To open the Trus¥s propety for the benefit of the General PubliG: In place are Sunday Openings of the Water Tower from Easter to late September and openings of the Hemitsge on the first and the third Sunday of each month when the Water Tower is open. In addition, the Trust supports national, London and local heritage-related openings for the general public. o To encourage and foster an interest in this heritage property.. Offered to all ages is a range of private tours of the Water Tower, Hermitage and Garden, lectures and talks and children's quizzes. Support is given to individuals and student groups for their project work. It is also the intention to establish the resour centre In the Lodge. o To raise the profile of the Trusfs Properties.. Through Friends and Volunteers,. Keeping the Trust's website, w.carshaltOnwatertOWer.cO.uk updated; Advertising events directly in a conventional form through the press, through networking via other websites, with other heritage and volunteer agencies, locally and nationally., o To carry out research- Research is carried out by the Trustees 8nd Friends on the follies, the pleasure grounds, the owners of Carshalton House Estate and related material,, o To raise funds by means of a series of events, lettings and appeals to carry out the objectives set out above.,
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Trustses. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Achlevements and performanco Patron The Trusys new patron,Todd Longstaff&Gowan, has brought his expertise in both a landscape history and as a landscape designer. The Support of Frlends & Volunteers The Trustees are deeply indebted to the Friends and Volunteers, who are an integral part of the Trust, for all their support with.. o Regularly checking and organlslng the malntenance of the property throughout the year", o Promoting the Trust., o Raising funds; Tho Trusfs Policios There has been a review and upd8ting of all the Trust's policies. The Property The Trust has completed the following with respect to conseNation and public benefit: o Two of the Saloon sash windows have been restored and general malntenance of the Water Tower has been carried out. The Grounds o Two suNeys have been carried out, a tree survey and a biodwersity suniey; o New railings have been installed to replace the old picket fence around the lake bank., o The Trustees have maintained the grounds. o The Friends and Volunteers have maintained the g8rden in the immediate vicinity of the Water Tower; Health & Safety o Additional lightning conductors have been added to the Water Tower for further protection of the building. o The routine testing of the Water Tower's fire extinguisher, lightning conductor and electrical equipment has been carried out., o There have been no recorded accidents this year. Promoting the Trust The Trustees tried to promote and maintain the profile of the Trust as follows: o Advertising through Friends, newsletters,. local publications., visiting other Friends, groups,. o Publicity was gained by supporting national events.. Heritage Open days., London Open House,. Wandle Festival- and k)cal festivals., o The Trust's Website, www.carshaltonwatertower.co.uk, and, Facebook, and regularly updating information on both., o NeOrkIng.. Continuing membership and attending meetings with the British Association of Friends of Museums (BAfM} and Heritage Alliance" The London Museums, Group., The London Herilage Volunteers,. The London Forum and The Wandle Valley Forum., o The Friends, Committee.. Via post & email,. telephone and Friends, Newsletters," attending meetings of the Sutton Community Volunteer Sector and local organisations, o A widening of the range of foreign language promotional flyers are offered, and an information board showing the whole area of the pleasure ground, with descriptions, has been installed-, Engaglng tho Ggnfrral Publlc o This was carried out via the website and Facebook.,
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {conllnUj Yoar ended 31 March 2025 o Regular opening of the propety to the general public, as advertised, and offering private tours. o Offering Tours of the listed landscape garden and Hermitage" o The Friends offered a schedule of events which included a quiz for local groups, a concert, talks and a film show" o Hosting Neighbourhood Watch Meetings and allowing the use of the Water Tower for other local groups" Hlstorlcal Research & Training o Research continued on the History of the Estate generally., o Specifically research for. The Orangery Display, The Hermitage Revisited. Also eighteen century object de virtu for a new display and period tulip vases., o We have had an article, The Sham Bridge, written by Jean Knight, published in Follies, The International Magazine, Follies, Grottos, Garden Buildings,No.119' o Attending Birkbeck Garden History Group study day., Garden Museum's talks., Garden visits indude Painshill,. The British Association of Friends of Museums, National Conference; Financial revlew Friends, Fund Ra181ng o Friends, membership subscriptions., o Hires, 8vent8, opening to the public entrance fee, and donatlons,. Reserves The Trusfs endowment is Still invested with a charitable trust investment company. The reason for the Trustees, and Friends, aim to achieve surpluses, over and above the running costs of the Property, is to continue the Trust's programme of conseNation, restoration, research and the promotion of its Propety in the widest sense. It is considered, by the Trustees, that it is prudent to have reseNes because the Trust has the responsibility for Ilsted buildings and a Ilsted landscape. The state of the Trustees, funds is monitored quarterly at Trustees, Management meetings and monthly at the Friends Committ8e Meetings, to safegu8rd against irregularities and financial mismanagement.
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantse Trustees, Annual Report (Incorporating the Director's Report) (continu•dl Year ended 31 March 2025 Plans for future perlods The Trustees, and Friends, plans are devised to fulfill their charrtable status commitments. For the Immedlate future.. o Carry out a feasibility study of possible methods of re-establishing the lake as a permanent feature,. o Increase visitor, Friends and Volunteer numbers. o To continue to monitor the condition of the Trusfs property and carry out general maintenance,. In the medlum terni: o Monitor the Trusys Property and address any problems., o Re-establish the mid*ighteenth ntury lake as a permanent feature., o As a consequence to inform the student and general public of the nature of a mid-eighteenth century pleasure ground; o To enrich the biodiversity of the area by creating a range of wildlife habitats for the general public's pleasure and instruction., o Establish the research centre., o Review the Trust's policy statements, rewriting where necessary. In the long temi.. o Keep the Trusys property maintained; o Continue to raise awareness of this historic site generally. o Increase the range of relevant publications, thus puth-ng into the public domain ongoing research; o Increase visitor numbers and range of visitors., Small company provlslons This report has been prepared in accordance wtth the provisions applicable to companies entitled to the small companies exemption, The trustees, annual report was approved on trustees by: and signed on behalf of the board of Mrs J Knight Charity Se ary
The Carshalton Water Tower and Historic Garden Trust Company Limitsd by Guarantse Independent Examinar's Roport to the Trustees of The Carshalton Water Tower and Historic Garden Trust Year ended 31 March 2025 I report to the trustees on my examination of the financial ststements of The Carshalton Water Tower and Historic Garden Trust ('the chariv) for the year ended 31 March 2025. Responslbllltles and basis of report As the trustees of the company {and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 ACY). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent exarnination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act')- In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. Independent examlnerfs 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.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or 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 other 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 the financial statements have not been prepared in accordan with the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and 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 accounts to be reached. C.C(L Brooks Carling Accountants Limited Independent Examiner The Studio 1 Canons Lane Burgh Heath Surrey KT20 6DP Is lts.vi
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Statement of Financial Activities {including income and expenditure account) Year ended 31 March 2025 2025 Unrestricted funds Total funds Total funds 2024 Note Income and endowments Donations and legacies Charitable activities Investment income Other income 691 1,031 27,150 12,923 41,795 691 1,031 27,150 12,923 31,672 742 26,673 15,913 75,000 Total income 41,795 Expenditure Expenditure on ralsing funds: Costs of raising donations and legacies Expenditure on charitable activities Totsl expendlture 37,170 10,551 47,721 37.170 10,551 47,721 41,178 11,039 52,217 10,11 Net gains on investments 12 17,998 17,998 13,132 Nat Income and nat movamant In funds 12,072 12,072 35,915 Reconciliation of funds Total funds brought forward Total funds carrfed forward 794,076 806,148 794,076 806,148 758,161 794,076 The statement of financial activities includes all gains and losses recognised in the ye8r. All income and expenditure derive from continuing activities. The not68 on pages 10 to 17 form part of these financlal statements.
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantse Statement of Financial Position 31 March 2025 2025 2024 Note Fixed assets Investments 16 785,092 759,944 Current assets Cash at bank and in hand 22,106 34,942 Credltors: amounts falllng due within one year Net current assets 17 1,050 810 21,056 806,148 806,148 34,132 794,076 794,076 Total assets less current Ilabllltles Net as8ets Funds of the charity Unrestricted funds 808,148 806,148 794,076 794,076 Total charity funds 18 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of ts financial statements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicabla to companies subject to the small companies, regirne. These financial statements were approved by the board of trustees and authorised for issue on J.C4.w.k& and are signed on behalf of the board by.. Mr C Orton Trustee The notes on pages 10 to 17 fomi part of these financlal statoments.
The Carnhalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notes to the Financial Statements Year anded 31 March 2025 General Informatlon The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charty in England and Wales. The address of the registered office is The Studio, 1 Canons Lane, Burgh Heath, sUy, Iff20 6DP. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollci88 Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial ststements are prepared in sterling, which is the functional currency of the entity. Golng concem There are no material uncertaintles about the charity's ability lo continue. Judgements and key sources of estimation uncertalnty The preparatlon of the financial statements requires management to m8k8 judgements, estlmates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub<lasses: restricted income funds or endowment funds. 10-
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Accounllng pollcle8 (contlnued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evldence of entitlement to the glft, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. incorne from donated goods is measured at the fair value of the goods unles5 this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the ontribution of general volunteers. income from contracts for the Supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resourcos •xpendod Expenditure is recognised on an accruals basis as a liability Is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governan of the charity apportioned to charitable activities. other expenditure includes all expenditure that is nerther related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activty. Shared Costs are apportioned beeen the activities they contribute to on a reasonable, justs'fiable and consistent basis. Investments Unlisted equity investments are initially recorded at cost. and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment. Listed investments are measured at fair value with changes in fair value being reccgnised in income or expenditure.
The Carshalton Water Tower and Historic Garden Trust Company Limit8d by Guarantee Notes to the Financial Statements (conllnued) Yoar ended 31 March 2025 Accounllng policies (¢0ndnuj Investments In as8oclates Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance wilh the fair value Model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition. Investmants In Jolnt Vontures Investments in jointly controlled entities accounted for in accordance wlth the cost model are recorded at cost less any accurnulated irnpairment1055es, Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other dlstributions received trom the investment are e09n[Sed as income without regard to whether the distributions are from accumulated profits of thejoint venture arising before or after the date of acquisition. Impalrmont of red 8880ts A review for indicators of impaimient is carried out at each rewirting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value eXedS the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impalrment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash- generating unlt to whlch the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely Independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combinats-on is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combinats'on, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial Instruments A financial asset or a financial liabilty is recognised only when the charity becomes a party to the contractual provisions of the instrument. 12-
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notss to tho Financial Statsments (continued) Year ended 31 March 2025 Accountlng pollclos fcontlnuod) Financial instrumonfs (¢ontlnued) Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequentty measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or finand at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a marl(et rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or 8mortlsed cost are reviewed for objective evidence of impairment at the end of each reporb'ng date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equlty instruments regardless of significance, and other financial assets that are indivldually slgnificant, these are assessed individually for impairment. Other financial assets are either assessed Indlvldually or grouped on the basis of similar credit risk characteristics, Any reversals of impairment are recognised immediately, to the extent that the reversal dS not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Limited by guarantee The company is limited by guarantee and has no share caprtal. All directors are also members of the company, each being liable to contribute to the assets of the company a sum not exceeding £10 upon liquidation of the company, to meet the debts and liabilities incurred before he or she ceases to be a member. The company has also been granted exemption from using the word "Limited" in the title of the company. Donatlons and legacies Unrestricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donatlons Donations 251 251 31,475 31,475 13-
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notes to the Financial Ststements (contlnued) Year ended 31 March 2025 Donatlons and legacle8 (conUnu•d) Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Subscriptions Subscriptions 440 197 197 691 691 31,672 31,672 Charitablo activltieg Unrestricted Totsl Fund8 Unrestricted Total Funds Funds 202S Funds 2024 Income from events 1,031 1,031 742 742 Invogtm•nt Income Unrestricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Other investment income 27,150 27,150 26,673 26,673 Other Income Unrestricted Total Fund6 Unrestricted Total Funds Funds 2025 Funds 2024 Lettlngs Rent recelved Admission sales Miscellaneous income Contract catering Book sales 2,580 9,027 865 60 361 30 2,580 9,027 865 60 361 30 5,560 9,027 1,033 5,560 9,027 1,033 156 137 156 137 12,923 12,923 15,913 15,913 Costs of ralslng donatlons and legacles Unrestricted Total Funds unStrICted Totsl Funds Funds 2025 Funds 2024 Costs directly related to the working of the Trust 37,170 37,170 41,178 41,178 14-
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notes to the Financial Statements {¢ontlnued) Year ended 31 March 2025 10. Expendlture on charitable actlvltl88 by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Management & administration 10,551 10,551 11,039 11,039 11. Expendlture on charitable actlvltles by activity type Activrties undertaken Total funds directly 2025 Total fund 2024 Management & administration 10,551 10,551 11,039 12. Net gains on Investments Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Gainsl(losses) on listed investments 17,998 17,998 13,132 13,132 13. Ind?pondent axaminatlon foeg 2026 2024 Fees payable to the independent examiner for. Independent examination of the finanGial statements 1,050 810 14. Staff ¢08ts The average head count of employees during the year was 7 (2024: 7). The average number of full-time equivalent employees during the year is analysed as follows.. 2025 2024 No. Number of staff - trustees No employee received employee benefits of more than £60.000 during the year (2024.. Nil) 15. Trustee remuneratlon and expense8 No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 15
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notes to the Financial Statsments (contlnued) Year ended 31 March 2025 16. Inv8Stments Other investmants Cost or valuatlon At 1 April 2024 Additions Disposals other movements 759,944 27,150 (20,000) 17,998 785,092 At 31 March 2025 Impalmient At 1 Aprll 2024 and 31 March 2025 Carrying amount At 31 March 2025 785,092 759,944 At 31 March 2024 All investments shown above are held at valuation. 17. Creditors: arnount8 falllng due wlthln one year 2025 2024 Accruals and deferred income 1,050 810 18. Analysis of charitable funds Unrestrlcted funds At Gains and 31 March 202 losses At 1 April 2024 Income ExpendSture General funds 794,076 41,795 (47.721) 17,998 806,148 At Gains and 31 March 202 losses At 1 April 2023 Income Expenditure General funds 758,161 75,000 (52,217) 13,132 794,076 The unrestricted fund represents the reserves of the company that are not subject to any restrictions regarding their use and are available for application to the general purposes of the mpany. 16-
The Carshalton Water Tower and Historic Garden Trust Company Limited by Guarantee Notes to the Financial Statements (¢onllnuedJ Year onded 31 March 2025 19. Analysls of net a888ts bétween funds Unrestricted Total Funds Funds 2025 Investments Current assets Creditors less than 1 year Not assets 785,092 22,106 (1,050) 806,148 785,092 22,106 11,050 806,148 Unrestricted Total Funds Funds 2024 Investments Current assets Creditors less than 1 year Net a8set8 759,944 34,942 (810) 794,076 759,944 34,942 (810) 794,076 17-