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2023-04-30-accounts

To manage projects for the benefit of the community Chairman’s report for AGM held 16 February 2023

General

Once again, the past year has been busy and we are delighted to have welcomed two new Trustees in Kate Holland and John Atherton. They have been a boost for our committee. We were saddened to receive the resignation as a Trustee of Jason Broughton and we thank Jason for the hard work he has undertaken.

Highlights of the year are as follows:

Market Hall

Under the effective stewardship of Phil and Bob, the Hall has had full take-up with currently Libraries Unlimited, Jonny Bowden Fitness and the Lyn Valley Doghouse as tenants. We are conscious of the maintenance needs of this building, and this is something we are developing with quotes obtained and work being taken forward.

Middleham Gardens

Under the care of Suzette, the Gardens have been well maintained and a working party prepared the gardens for a special Lynmouth Flood event in August.

Walkers are Welcome

Jason’s resignation has created a void for a trustee to undertake the return and report for WAW. A volunteer needs to be appointed.

Lyn in Bloom

Jason’s resignation has again left a vacancy for someone to lead on this. Enquiries of individuals are ongoing.

Affordable Housing

This this project has stalled somewhat due to both Covid and the lack of identifying suitable property to take forward. However, with the Town Council taking more interest and John Atherton’s responsibilities in leading the Council on this, we hope to take this further forward in the coming year.

Lyn Climate Action Group

The Group has been very active over the year and with Kate joining Bob as a trustee we are keen as a trust to assist the Group going forward.

Air Ambulance

Other than to report that the Air Ambulance undertake regular checks of the lighting at Holman Park, there is nothing more to add to the Project.

I would like to thank all Trustees for their continued enthusiasm and hard work in undertaking their various activities, all of which are for the benefit of the Lyn Valley in general.

David Wilde

6 February 2023.

Charity Number: 1095324 Company Number: 03750729 Registered Address: Lynton Town Hall, Lee Road, Lynton, North Devon EX35 6HT, UNITED KINGDOM


Lyn Community Development Trust

Lyn Community Development Trust

Lyn Community Development Trust
No (if any)
1095324
For the period
from
Period start date
1-May-22
To
Period end date
30-Apr-23

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts
Donations
-
Gift Aid received
-
Rent
13,204
HoldingDeposit
Grants
-
Sundries
-
-
13,204
-
-
Sub total -
Total receipts 13,204
A3 Payments
Maintenance and repairs
1,939
Insurance
374
Utilities
1,582
Legal Fees
-
Accountingcosts
Donations
1,960
Websiteprep
Administration
255
MembershipFees
-
Priniting
30
Surveys
-
Rent
199
Sundries
388
Sub total 6,727
-
-
Sub total -
Total payments 6,727
Net of receipts/(payments) 6,477
A5 Transfers between funds
A6 Cash funds last year end
41,834 ##
Cash funds this year end 48,311
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
400
-
-
-
-
-
400
-
-
-
400
2,780
-
-
-
-
50
-
-
2,830
-
-
-
2,830
- 2,430
23,224
20,794
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
400
-
13,204
-
-
-
-
-
13,604
-
-
-
13,604
4,719
374
1,582
-
-
1,960
-
255
50
30
-
199
388
9,557
-
-
-
9,557
4,047
-
65,058
69,105
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
400 9,842
- 111
13,204 10,216
-
-
-
- -
- -
13,604 20,169
-
-
-
-
- -
- -
- 13,604 20,169
-
-
-
-
-
-
-
-
-
-
4,719 1,814
374 372
1,582 1,259
-
- 200
1,960 4,762
- 122
255 149
50
30
-
199 77
388 50
9,557 8,805
-
-
-
-
-
- -
- 9,557 8,805
- 2,430 -
-
-
-
4,047 11,364
- -
23,224 65,058 53,694
20,794 69,105 65,058

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Details
General a/c
Market Hall
Woodside Bridge
Middleham Gardens
Affordable Housing
Air Ambulance
Lyn in Bloom
Lyn Climate Action
Details
Details
Details
Short Leasehold properties
Fixtures and Fittings
Details
Walkers are
~~Welcome~~
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
26,256
22,055
-
-
-
48,311
OK
to nearest £
-
-
-
-
-
-
General
General
Unrestricted
funds
Unrestricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
to nearest £
1,599
1,000
-
356
8,641
910
2,794
5,494
-
20,794
OK
to nearest £
-
-
-
-
-
-
Cost (optional)
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
Details
(agree balances with receipts and payments
account(s))
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Details Current value
(optional)
-
-
-
Details Current value
(optional)
Short Leasehold properties 123,381
Fixtures and Fittings 36
-
-
-
-
-
Details When due
(optional)
-
-
-
-