Stroud Community Land Trust
Company Registration Number: 4123342 (England and Wales)
Report of the Directors and Abbreviated (Unaudited) Financial Statements
Period of accounts Start date: 1st April 2020 End date: 31[st] March 2021
Stroud Community Land Trust Contents of the Financial Statements for the Period Ended 31[st] March 2021
| Page | |
|---|---|
| Company Information | 2 |
| Directors’ Report | 3 |
| Receipts & Payments Accounts | 4 |
| Balance Sheet | 6 |
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Stroud Community Land Trust Company Information for the Period Ended 31[st] March 2021
Directors: Company secretary: Andrew Read
Elizabeth Hewitt-Falce Sophie van den Bergh
Registered office address: 14 Chadd Drive Bickley, Bromley, BR1 2DP.
Company Registration Number: 4123342 (England and Wales)
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Stroud Community Land Trust Directors’ Report for the Period Ended 31[st] March 2021
The directors present their report with the financial statements of the company for the period ended 31st March 2021
Principal activities
The principal activity of the company in the period under review was:
The preservation and enhancement of green spaces for people and for wildlife.
Directors
The directors shown previously have held office during the whole of the period of this Report and Accounts
No new director(s) have been appointed to the company during the period
Political and charitable donations
No contributions to political or charitable organisations were made during the year.
Company policy on the employment of disabled persons
It is the company’s policy to give employment to disabled persons wherever practicable. At present we do not employ any staff directly.
The above report has been prepared in accordance with the provisions in part 15 of the Companies Act 2006.
This report was approved by the board of directors on May 14[th] 2021 a nd Signed On Behalf Of The Board By:
Name: Elizabeth Hewitt - Falce Status: Director/trustee
Signature:
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RECEIPTS AND PAYMENTS ACCOUNTS
STROUD COMMUNITY LAND TRUST
For the year ended: ......31 March 2021.......................... Registered Charity Number: ......1086993........................................... Company Number: .......4123342..........................................
RECEIPTS
| RECEIPTS | ||||
|---|---|---|---|---|
| Description | 2019/20 | 2020/21 | ||
| Donations, legacies and other similar receipts |
WuW grant | 0 | 29,460.00 | |
| Operating activities to further charities objects |
0 | 0 | ||
| Operating activities to generate funds |
Garage rental | 600.00 | 655.13 | |
| Investment income receipts | 3,868.35 | 2,197.47 | ||
| Other receipts | 0 | 0 | ||
| TOTAL RECEIPTS | 4468.35 (A1) |
32,312.60 (A1) |
PAYMENTS
| Description | 2019/20 | 2020/21 | |||
|---|---|---|---|---|---|
| Payments for generating funds | 0 | 0 | |||
| Charitable payments | 0 | 0 | |||
| Grants Paid | 0 | 0 | |||
| Charitable activities | Lake at the Lawn & Uplands maintenance French project |
3,112.38 0 |
1,860.00 13,188.60 |
||
| Management & Administration | Public Liability Insurance Company admin |
99.31 3,127.00 |
99.31 3,259.33 |
||
| Other payments (not counting as expenditure) |
0 | 0 | |||
| TOTAL PAYMENTS | 6338.69 (A2) |
18,407.24 (A2) |
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Balance Sheet as at 31 March 2021
| Net of Receipts | (A1 - A2) | 13,905.36 | ||
|---|---|---|---|---|
| Cash Funds last year's end 31/03/20 | (A3) | 452,089.86 | ||
| Cash Funds this year end 31/03/21 |
(A1-A2+A3) | 465,995.22 | ||
| CASH FUNDS Value |
||||
| Triodos Bank current | Triodos Bank current | 51,230.15 |
OTHER MONETARY ASSETS
INVESTMENT ASSETS
| INVESTMENT ASSETS | |||
|---|---|---|---|
| Triodos Bank investment | 414,765.07 | ||
| ASSETS RETAINED FOR THE CHARITY'S OWN USE | |||
| Lease on land at The Lawn, Cainscross The Old Uplands Community Allotment and Orchard |
Nil Nil |
LIABILITIES
Audit Exemption Statement
For the year ending 31/03/2021 the company 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 its accounts 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 accounts
-
these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Signed by one director on behalf of all the directors
Print name Elizabeth Hewitt - Falce Date of Approval: 15/05/2021
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Stroud Community Land Trust – abbreviated unaudited balance sheet as at 01/4/2 021
| 2020 | 2021 | |
|---|---|---|
| £ | £ | |
| Fixed assets | ||
| Intangible assets | 0 | 0 |
| Tangible assets: | 0 | 0 |
| Total fixed assets: | 0 | 0 |
| Current assets | ||
| Stocks: | 0 | 0 |
| Debtors: | 0 | 0 |
| Cash at bank and in hand: | 452,089.86 | 465,995.22 |
| Total current assets : | 452,089.86 | 465,995.22 |
| Creditors | ||
| Amounts falling due within one year : | 0 | 0 |
| Net current assets (liabilities): | 452,089.86 | 465,995.22 |
| Total assets less current liabilities: | 452,089.86 | 465,995.22 |
| Provision for liabilities: | 0 | 0 |
| Total net assets (liabilities): | 452,089.86 | 465,995.22 |
| Capital and reserves | ||
| Called up share capital: | 0 | 0 |
| Profit and loss account: | 452,089.86 | 465,995.22 |
| Total funds: | 452,089.86 | 465,995.22 |
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Stroud Community Land Trust Abbreviated Unaudited Balance sheet As at 1st April 2021 Continued
Audit Exemption Statement
For the year ending 31/03/2021 the company 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 its accounts 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 accounts
-
these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Signed by one director on behalf of all the directors
Print name Elizabeth Hewitt - Falce Date of Approval: 14/05/2021
The notes form part of these financial statements
Stroud Community Land Trust Notes to the Abbreviated Financial Statements for the Period Ended 31/03/2021
1. Accounting policies
Basis of measurement and preparation of accounts:
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)
7. Related party disclosures
The brother-in-law of a director, Elizabeth Hewitt-Falce, acts as company secretary.
8. Transactions with directors
None.
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Stroud Community Land Trust
A registered charity No 1086993. Registered in England as a limited company No: 4123342 Registered office; 14 Chadd Drive, Bickley, Bromley. BR1 2DP. Tel : (0033) 54987 1305
TRUSTEES ANNUAL REPORT 2021
This Annual Report covers the period from 1[st] April 2020 to 31[st] March 2021. The membership of the Board of Trustees has been constant. The Trust employs no staff but relies on the Trustees, contractors and other volunteers to carry out its activities, and works in partnership with other organisations. In preparing this report the Trustees/Directors have paid due regard to the Charity Commission’s guidance on public benefit and the reporting thereof.
The Trust continues to provide and manage two areas of land to fulfil its charitable objectives of providing green space for local communities and to encourage bio-diversity within such sites. The Trust leases The Lake at The Lawn in Cainscross and holds the freehold of The Old Uplands Community Allotment and Orchard in Stroud.
Having completed the restoration of The Lake at The Lawn in 2014, in the short to medium term, the site is now being maintained by the Trust in its current format to meet its charitable objectives. There continues to be a satisfying increase in wildlife and public use of The Lake at The Lawn in accordance with the management plan and the Trust’s objectives.
During the year, we have continued to support a group of local residents to utilise The Old Uplands Community Allotment and Orchard. Around a dozen families directly benefit from the project. We will continue to monitor their use of the site.
The Lake at The Lawn continues to be available for open public access. The Old Uplands site has direct access to adjoining families. Both provide valuable local wildlife habitats in consistency with the Trust’s objectives. There are no detrimental impacts from our work and no groups are restricted in their access to the sites, although there is obviously heavier use from those who live within the immediate vicinity. Access for people without full mobility is limited at The Lawn and the Old Uplands sites by the natural terrain of the site.
Expenditure on these two sites is currently focused on routine maintenance. The charity’s restricted funds are being held in an allocated reserve towards a long-term Farm to Fork project in the Poitou-Charentes region of France. Work in the past year has begun on the first stage of this project. A series of habitat enhancements and recycling initiatives are due to be completed on schedule by the end of 2021.
Signed by a director on behalf of all directors
…………………………………………………………………….. Date of Approval: 14 May 2021
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