Registered number: 04070097
Charity registration number: 1087523
MUTLEY GREENBANK TRUST
COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
For the
ear ended
31st March 2024
Accounts
re
ared b
Webster5
Chartered Accountants
Abacus House
129 North Hill
Plymouth
PL4 8JY

MUTLEY GREENBANK TRUST
CONTENTS
PAGE
Reference and administrative details
Trustees and directors report
Independent Examiner's report
Statement of financial actlvlties
Balance sheet
Notes to the accounts
7-12

MUTLEY GREENBANK TRUST
REFERENCE AND ADMINISTRATIVE D￿AlLs
For the
ear ended 31st March 2024
REFERENCE AND ADMINISTRATIVE DEfAILS FOR THE CHARITY. ITS
TRUSTEES AND ADVISERS
Charity name:
The charity is known by the name 'Mutley Greenbank Trust"
Co re8lStration Number:
04070097
Charity Number..
1087523
The trustees, who are also the directors, at the date of approval of this report and those who served during the
year under review were as follows:
Aubrey Curtis
Jonathon Spurling
Mike Law
Jonathon Madeley
Steven Ricketts
Suzanne Fearnside
Patricia Gray
Secretary Nicola Grlfflths
Resigned 27101124
Resigned 31103123
Resigned 08112123
Resigned 24101124
Appointed 09/02124
Appointed 12102124
Principal and registered office..
35 Armada Street
Plymouth
PL4 8LZ
Bankers:
Lloyds Bank
8 Royal Parade
Plymouth
PLI IHB
Independent Examiner:
J Rothwell ACA
Websters
Chartered Accountants
129 North Hill
Plymouth
PL48JY

MUTLEY GREENBANKTRUST
REPORT OF THE TRUSTEES AND DIREcfoRS
For the
ear ended 315t March 2024
The trustees who are also the directors of the charity for the purposes of the Companies Act 2006, present
their report and financial statements for the year.
Statusi governance and management
The charity is governed by its memorandum and articles of association and is a company limited by guarantee
not having a share capital. The liability is limited in the event of the company being wound up. The charity was
incorporated on 11 September 2000 and registered with the Charity commission.
Recruitment and appointment of new trustees
In order to appoint trustees, the charity welcomes participant5 Wlth relevant skills and appointment of trustees
is based Lbpon the unanimous decision of all trustees.
Charitable objects
The trust is governed by its Memorandum and Articles of Association. These state that in addition to complying
with the Charities Commission's guidance on public benefit the trust's main objects are:
I, The relief of need, hardship or distress of a person's resident, working in or with a place of business
wlthln the wards of Mount Gould. Drake and Compton Plymouth I'the Area of Benefit")
2. The advancement of education, training or retrainin8, particularly among unemployed people, and
providing unemployed people with work experience.
The provision of recreational facilitie5 for the public at large or those who because of their youth, age,
infirmity or disablement, poverty or social and economic circumstances, have need of such facilities.
4, The protection or conservation of the environment.
The provision of public health facilities and childcare.
The promotion of public safety and prevention of crime.
Such other means as may from time to time be determined subject to the prior written consent of the
Charity Commission for En8land and Wales.
Prlnclple activities
The principal activities of the trust are..
The development of new community facilities for people in the area of benefit.
The provision of training opportunities in the field of youth and children's work.
Increasing the opportunities for local people to engage in voluntary work.
4. Activities for children and young people as constructive use of leisure time and personal/social
development.
5. The development of new childcare places.
6. Support for environmental work.
Creation of new jobs.
Advice, information and support for local community and voluntary groups.
Capacity building initiatives.

MUTLEY GREENBANK TRUST
REPORT OF THE TRUSTEES AND DIREcfoRS
CONTINUED
For the
ear ended 31st March Z024
Chairman's review of the year
Mutley Greenbank Trust continues to provide a well needed and quality provision for the residents of
Greenbank over the past 12 months. We continued to be funded for our youth provision from Ballard Youth
Activity Fun. Clarion Futures and Awards for All. Our community provision is funded by the National Lottery
(Reaching Communities) and the Local Cooperative.
This year we have maintained our dedicated and amazing community volunteers who continue to deliver three
hour sessions three mornings per week. We have seen a large increase in residents needing our support due
to the aftermath of the COVID pandemic and the cost of living crisis. The volunteers reported they are now
supporting on average 12 individual residents per session per week. The main issues include support with
debt/ financial difficulties, utility bills. issues with getting regular prescriptions and high levels of anti-soclal
behaviour within the community.
As a response to thi5 we facilitated a number of community consultations with local police, local councillor5
and community leaders, Local MP and residents. These meetings were very successful and led to regular multi
agency approaches to tackle these issues and created a more safe and supportive community.
Our youth provision has also developed in the last year through our detached and target youth sessions. Our
targeted youth group facilitated a number of social action projects such as intergenerational, environmental
and citizenship events in their local area. This led to them achieving a national award for their hard work and
dedication.
Our amazing staff team Includlng volunteers, have worked very hard this year to ensure our organlsation
continues to deliver a professional and vital service in the Community, while overcoming many challenges.
As trustees of the Mutley Greenbank Trust we would like to thank all our staff and volunteers for their
dedication and passion to serve the community.
Reserves policy
As a charity we are to keep sufficlent reserves in place to cover committed costs, emergencies and costing
sources such as redundancy, property repairs or received funding so the charity can continue as long as
possible. The trustee5 are satisfied with the current position as the reserves and will monltor annually.
Public benefit
The trustees have had due regard to the guidance published by the Charity Commission on public benefit.
Statement of trustees, responsibilities
Law applicable to charities in England and Wales requires the trustees to prepare financial 5tatement5 for each
financial year which Bive a true and fair view of the charit¢s financial activities during the period and of its
financial position at the end of the period. In preparing f inancial statements giving a true and fair view, the
trustees should follow best practice and:
Select suitable accounting policies and then apply them consistently-
Make judgements and estimates that are reasonable and prudent,.
State whether applicable accounting standards and statements of recommended practice have been
followed, subject to any departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concerr) basis unles5 It is inappropriate to presume that the
harity will continue in operation.

MUTLEY GREENBANKTRUST
REPORT OF THE TRUSTEES AND DIRECTORS
CONTINUED
For the
ear ended 31st March 2024
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the
financial position of the charity and which enable them to ascertain the financial position of the charity and
which enable them to ensure that the financial statement5 comply with applicable law. They are also
responsible for safeguarding the asset5 of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Small company special provision5
The report has been prepared in accordance with the provisions applicable to companies subject to the small
companies regime of the Companies Act 2006
ON BEHALF OF THE TRUSTEES
S RICK
DIRECTOR AND TRUSTEE
DATED:

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
MUTLEY GREENBANKTRUST
I report on the accounts for the year ended 31st March 2024 set out on pages five to ten.
Respective responsibilities of trustee5 and exarniners
The trustees, who are also the directors of the company for the purposes of company law, are responsible for
the preparation of the accounts. The trustees consider that an audit is not required for this year under section
144121 of the Charities Act 2011 (the 2011 Actl and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under compony law and is eligible for
independent examination, it is my responsibility to;_
examine the accounts under section 145 of the 2011 Act;
follow the procedures lald down in the general directions given by the Charity Commission (under
Section 1451$) Ibl of the 2011 Act;
state whether particular matters have come to my attention.
Basls of Independent examlnerfs report
My examination was carried out in accordance with general directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also Includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from you as trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is
given a5 to whether the accounts present a "true and fair view" and the report is li mited to those matters set
out in the statement below.
Independent examinefs statement
In connection with my examination, no matter ha5 come to my attentlon:
which gives me reasonable cause to believe that, in any material respeci. the requirements:
to keep accountlng records in accordance with section 130 of the 2011 Act,. and
to prepare accounts which accord with the accounting records and comply with the accounting
requlrements of section 396 of the Companies Act 2006 and with the methods and principals
of the Statement of Recommended Practice.. Accounting and Reporting by Charities.
have not been met- or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
J Rothwell ACA
Websters
Chartered Accountants
129 North Hill
Plymouth
PL4 8JY
DATE.. 20 /1 /z¥

MUTLEY GREENBANKTRUST
STATEMENT OF FINANCIAL AcfiviTIES
Forthe
ear ended 31st March 2024
Note
2024
2024
Unrestricted Restricted
fund5
funds
Total
2024
Total
2023
INCOME
Donations and legacies
Investment income
2+3
115,863
7,28S
9,400
7.285
106,463
44,309
4,905
123,148
16,685
106,463
49,214
EXPENDITURE
Expenditure on charitable activities
74,173
13.276
60,867
51,472
74,173
13,276
60,867
51,472
NETIOUTGOINGI RESOURCES
49,005
3,409
45,596
12,2581
FUND BALANCES BIFWD
76,642
54,057
22,585
78,900
FUND BALANCES CIFWD
E 125,647
£57,466
£ 68,181 £ 76,642

MUTLEY GREENBANK TRUST
BALANCE SHEET as at 31st March 2024
Note
2024
2023
FIXED ASSETS
12
46,944
48,285
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
811
78,863
79,674
275
28,862
29.137
CREDITORS
Amounts falling due
within one year
971
780
NET CURRENT ASSETS
78,703
28,357
NET ASSETS
£ 125,647
£ 76,642
REPRESENTED BY:
Unrestritted funds
Restricted funds
14
14
57,466
68,181
£ 125,647
54,057
22,585
£ 76,642
The directors are satisfied that for the year ending on the above date, the company was entitled to exemption
from audit under s.477 of the Companies Act 2006 and that no member has required the company to obtain an
audit of Its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Att 2006
with respect to accounting records and the preparation of financial staternents.
The financial stateme
ts were
roved for issue by the trustees and directors on
S RICKEThS
. TRUSTEE/DIRECTOR
The annexed not
Al
gral part of these flnancial statements.

MUTLEY GREENBANKTRUST
NOTES TO THE ACCOUNTS
For the
ear ended 31st March 2024
ACCOUNTING POLICIES
lal
General information and basis of preparation
Mutley Greenbank Trust is a charitable company limited by guarantee and incorporated in
England & Wales. In the event of the charity being wound up, the liability in respect of the
guarantee is limited to £10 per member of the charity. The address of the registered office is
given in the charity information on page l of these financial statements. The nature of the
charity's operations and principal activities are given in page 2 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements
have been prepared in accordance with Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accourlts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ire13nd IFRS 1021
issued on 16 July 2014 las updated through Update Bulletin I published on 2 February 20161
The financial statements are prepared on a going concern basis under the historical cost
convention. The financial statements are presented in sterling which is the functional
currency of the charity.
The signif icant accounting policies applied in the preparation of these financial statements
are set out below. These policies have been consistently applied to all years presented unless
otherwise stated.
Flxed assets and depreciation
Depreciation is provided on equipment between 15% and 20% on a straight-line basis and on
freehold property at 2% on a straight-line basis.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees In f urtherance of the
general objectives of the charity and which have not been designated, for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the Charity for a particular purpose.
Idl
Income recognition
All incoming resources are included in the SOFA when the charity is legally entitled to the
income and the amount can be quantified with reasonable accuracy. Income is accounted for
by matching funders, contributions with the expenditure it is intended to cover. Grant5
receivable are included in the accounts when the appropriate amounts have been quantified.
Grants in respect of fixed assets are credited to income. No amounts are included in the
financial statements for services donated by volunteers.
lel
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been c1a5sified under headings
that aggregate all costs related to that category. Where ¢osts cannot be directly attributed
to particular heading they have been allocated to activities on a basis consistent with use of
the resources. All expenditure in respect of c2Pltal costs are written off funds in the year of
purchase as these are fully funded by grant claims.

MUTLEY GREENBANK TRUST
NOTESTO THE ACCOUNTS
Forthe
ear ended 31st March 2024
ACCOUNTING POLICIES (CONTINUED)
Provisions
Provisions lie liabilities of uncertain timing or amount) are recognised when there is an
obligation at the reporting date as a result of a past event, it is probable that economic benefit
will be transferred to settle the obligation, and the amount of the obligation can be estimated
reliablv.
DONATIONS AND LEGACIES
Unrestricted
funds
Restricted
funds
Total
funds
2024
Total
funds
2023
Donations
6,134
6,134
£ 6,134
£ 6,134
GRANTS
Unrestricted
funds
Restricted
funds
Total
funds
2024
Total
funds
2023
8allard Trust
Plymouth City Council
Youth Grant Clarion
DCF
Reaching Communlties
Awards For All
22,500
22,500
3,266
5,5CQ
21,000
2,742
11,000
9,567
3,266
5,500
58,508
19,955
58,508
19,955
£ 3,266
£106,463
£ 109,729
£ 44,309
INVESTMENT INCOME
Unrestricted
funds
Restricted
funds
Total
funds
2024
Rent
Bank interest
6,953
332
6,953
332
£ 7,285
£ 7,285
Unrestricted
funds
Restricted
funds
Total
funds
2023
Rent
Bank interest
4,860
45
4,860
45
£ 4,905
£ 4,905

MUTLEY GREENBANKTRUST
NOTES TO THE ACCOUNTS
Forthe
ear ended 31st March 2024
EXPENDITURE BY FUNDTYPE
Unrestrlcted
funds
Restricted
funds
Total
funds
2024
Charitable activities
Support costs
2,408
10,868
60,867
63,275
10,868
£ 13,276
£60,867
£ 74,143
Unrestricted
funds
Restricted
funds
Total
funds
2023
Charitable activltles
Support costs
33,376
11,300
33,376
18,096
6,796
£ 6,796
£ 48,636
£ 51,472
ANALYSIS OF SUPPORT COSTS
Unrestricted
funds
Restricted
funds
Total
funds
2024
Total
funds
2023
Premises
General office
Finance costs
Governance costs
NNDR
Insurance
Light and heat
Repairs and renewals
Refurbishments
Youth projects
1,341
2,651
84
825
1,341
2,651
84
825
1,341
864
loo
796
154
848
579
784
1,714
11,300
1,077
732
823
3,335
1,077
732
823
3,335
£ 10,868
£ 10,868
£ 18,096
STAFF COSTS
The total staff costs and employee benef its
for the period
2024
2023
Wages and salaries
Pension costs
50,707
800
31,429
1,564
£ 51,507
£ 32,993
The average number of employees during the year was 612023 21.
No employee received benefits of more than £60,000 during the year12023 nil)
-io-

MUTLEY GREENBANKTRUST
NOTES TO THE ACCOUNTS
For the
ear ended 31st March 2024
CREDITORS
Amounts falling due within one year..
Accruals
Pension
825
146
£971
780
£780
STATEMENT OF FUNDS
The unrestricted funds represent the free funds of the charity that are not designated for particular
purposes.
Restricted funds are subjected to restrictions on their expenditLrre declared by the donor or through the
terms of an appeal and fall into one or two sub-classes: restricted income funds or endowment funds.
All transfers between funds relate to surplus restricted funds that have been agreed to be retained as
unrestricted on completion of the project.
io.
TRUSTEES EMOLUMENTS
The trustees received no remuneration and were reimbursed mileage at the approved HMRC rates and
for expenses where a valid invoice was provided.
ii.
STATUS AND CONTROL
The company is limited by guarantee and is controlled by its body of trustees and directors.
12. FIXED ASSETS
Freehold
Pro
ui
Total
COST
Brought forward
67,063
23,390
90,453
Additions
Carried forward
67,063
23,390
90,453
DEPRECIATION
Brought forward
18,778
23.390
42,168
Charge for the year
1.341
1,341
Carried forward
20,119
23,390
43,509
NET BOOK VALUE
Brought forward
£ 48,285
£ 48,285
Carried forward
£ 46,944
£ 46,944
All fixed a55ets are held for charitable purposes.
-li-

MUTLEY GREENBANK TRUST
NOTES TO THE ACCOUNTS
For the
ear ended 31st March 2024
2024
2023
13 DEBTORS
Other debtors
£811
£275
14 ANALYSIS OF CHARITABLE FUNDS
Unrestrlcted funds
This year
Atl
April 23
Income
Expenditure
At31
March
2024
General funds
£ 54,057
£ 16,685
£ 13,276
£ 57,466
Last year
At l April 22
Income
Expenditure
At31
March
2023
General funds
E 55,406
£ 5,447
£ 6,796
£ 54,057
Restricted funds
This year
At l April 23
Income
Expenditure
At31
March
2024
Moorview Park
Youth Grants
DCF
Reaching Communities
Awards For All
3,967
16,074
2,544
3,967
10,766
2,544
30,949
19,955
28,000
33,308
58,508
19,955
27,559
£ 22,585
£ 106,463
£ 60,867
E 68,181
Last year
At l April 22
Income
Expenditure
At31
March
2023
MooNiew Park
Youth Grants
Greenbank Centre
DCF
3,967
19,144
383
3,967
16,074
34,200
37,270
383
7,023
9,567
2,544
£ 23,911
£ 43,767
£ 44,676
£ 22,585
See note 9 for statutory funds.
-12-