(A ctKry)ary limitaj ty guarantee) Year 3(P) SerkenLY 2021 Charity fK): IICf>538 Company r¥): 5218748
LeJal adminithti* infonna Repjrt of the T&5 ReF(rt ofthe irmlqH ex7miner S12tement of finarKbal bV[b io Balan sheet li Chairfs dcyjaratton and sgnature 12 Notes fonnirKJ part of the financial s13tem 1>15
Dukes Meathws Trust is a company limtied ty lantee and a registe tharrty govemal ty ts memordfKlum arKd arbdes of aKial). ality 11(6538. C(xnpany numter 5218748. The dire£t015 of the chariiatle CLpanY apritn are itstrusts ftr WWFK)se of drity law and through(yJt this report a coll£ttiv rthed to as the ly5. As set (xrt in the Artides of AaiatiOn. stees are nominat] arKI anted ty mernI5 WMrrfJ unb1 ty retire or a w)ted off at an AGM. TNstees can also be inwted to the Trust durirKJ year ty serwrKJ Tn&ees and wll then have their apwintrnent ratrfiaj by rMibers at the AGM. The ccmnmitlee will dett thair The tnjts serving durirKJ trE atKI sin ts r[KI as folkw. Chalr Paul Dams Carol Beauthamp Paul Daws Jennifer gar0 Dennis Hahety aifford S Andrew TLKker Kath1 Hea The Pamlion, Market 1ve, Chisv4icK Lonthj) W4 2RX Ban Bardays HaMM5m[th PAtsiness C8
The TnJ5t a eaSed to their rqxrt Vth the finla1 slAtts (fjthe arity fc the year ended ty Seoemter 2021. Legal and admini¥Jatsve infomialion set (xit p 3 fcKff6 part (f this rewt The finarKial Statnents comply wth curTent statutw reqimrements, the Murn arKI artide5 of assla arKI the The cbjects of the Charity are to WnCe the C(ti, pyotecticn ar imprmnart of the physical and natural erfvironment of the area kr a5 t)thes meath arKI Rwside Lands in the LoThJon Eorough of HOuns1 fttE area of to as9St in the wovscY offacilities in the interests of sooal welfare for recreatiffi arKI letsure time c£cupati( Nbith the bve of Im[oj the conditions of life for those INing or thiryj in the area cf tw£fi¢' to thrKe wblic in environment matters. To achieve this txjkes Meadows Tn&; Cortsults and irwofves the ctwnmunty arxf rai grants to thie)E AL%iainable capiial improvements in the park Has eStstls and maintsins e5th1 XKial to revenue to maintain the tsl assets in the park which it h)ids le (kganises regular vduntw cAthinrfies kM21 to enalle thn to care ftthe park and leam new skills Organises (Kcasic¥d entetsinMts in the pJk fcr the eniowt of thl communty Ne Trustees a provided Kryth a c(w of the Tn&5 M&A's, a ccyi cf the l& annual rewt copies of the minutes of the pmi(Ks three meelirys. the TrL&g oJrTent gJaty cment and a copy of the Charity CMis harKdbcKA( "RwYGibilities cf T&. Tn&ees are erthurag&l to attend aFpropriate extemal trBining e)Mts vAve these viill lIliate uThlertabirvJ rftheir rol& A board c(Trust&S, V41x) meet quwtth. admini#ers tre ljaiity. A Manager is app)inted Under the menrandurn and artits (f alat. the (Ykirity has tr to make ary investment
The Charity vrfrts thryth cnal, whKh the pxk that it M)rks cm arKI has firffi time to time txowded funding SFeific woiects to sutvrt trE QHriVs (]ect. covtD continued to IMP the Tr as it dKI ev. The Pcd had to dc6al till midsummer arnl reyJiLtC on rLnnirKJ ts mark& ciJrtinLEd late into trE year. With the very knnd SU crlI10r knnna BthI. the TnL Vfds able to daim a £lO,ttK) grant to cover revenue due to the crlI rquirirg to dc6e Frxxl maet frcyn Marth to June in 2020. We had mt anticipa1 r1r¥j a gBnt and a vey gratef to Cwncillor Biddolpth for her erOUravnent to aoy. The peak In 57t5 during l(x31 subged, Ixjttre path remain&J very ty. As more flats and house are bu1 Iccally, many wtth litde open Spe, park is rrN)re imrthant than ever as green refLvJe; a pleasant place to SFerKI time crtJt(knts fiieThts arKJ family. We have continued to inv&t in the pad( to make It an to vist K1 imwove bts biodwersty. In tate Aujrnn 2020 finish1 rdantiro the new Avmue of lew Lime trets cfillia Cordala). A band of dedicated lUnteerS VRter&l the 30 , 15 F4antcJ in 2019, 15 n 2020, throLbJh the summer. No mean feat as fc is a W line cf tr&s $Ce distan from the nearest watering rKsint The are already a l(wely feare in the lan&ape and will enhan the parks. ly(trdivergty. As well as maintsiniTVJ the ts, and shrut6 in year4 we rewanted shrub beds in the aY area to bring more interest arKI seagThl cokmjr. It 15 unwal to have fiower in a play area, but we think it is tr£ as the can tE the many parents and thildn who spend time there. The new beds require regular MaIrtno, to volunteer actimty, rK)w pay ts a half day a week of gardeJ)iro We were delighted to a Lcth in BI award this r. It is a wegigiC and hard-won accolade and leng it a great trityjte to (r Nrluitea5. We c(rtinu&l w volunteer wts e other week on Friday mcKnings. Plans towards the building of a w arbs pryrssed wrth vKYk dLE to stsrt in Novemter 2021. The sttKIic6 will werate additional IrCe the Tr so tik11rJ them rewesents a gc investment of a wrtion of the TS res. commissoner of the as it the gates aTrJ can rirn VAT. The Trust ught and OLtainl agreement from the two grart fiJndet5; Heritaje of LcMkn the Canpary, to pa5S their gtants on ts) the council aThJ the TrLSt V4ill kThide tts CltrI1XJtl of £31,&88 to the courKiI as a granL The counal was initialW reltant to W the Tr5 Contr]ti( to the re5tcrtion as a grBn¢ askFng that the fuThts were gi as a d(tI, an jrenent The TnLSt wit £l,l)XJ in Wl fe to Convin the 0rKi1 thaL as a charity, it neth to grve the fuThthr¥J ty way rf a gftnt agreemen( as other TS that wfvide grBnts to tt C(W]I do. The park has few bike r&s. arKI VE Vtrve thlighted th kxal compary, Pai Skincare, offered to
ty• was £42,897, an increase 2020 (£27,234), the year Maet h&J to dose frx many mths, a150 an increase on 2019, the last COVID unairted year (£37,XE). Many more markets have operEd kKally, but currenty r RKXI Mwket is hddirKJ up a1 still dc¥ng wdl. We are not crrylacent and continue to invest some of the wxeeds back into the market to kw rc apFealing. This year we designed and made rEw painted bike sgr6 to a(Trrfatise the market trght bjntiro and lights to dress IL One of our rKIent artists, Keira RathtKKE. large, pinted p)ster5 Ninyl to decorate the market area. The sttKIic6 renainl fulty let arKI rents recthvEd to £96,214. after ts dirt VR OffEd arlsts during Ic(k(k)wn (2020 £91,265). We vMe asaJ that rNJ artists to gt¥e w) their We to complete the n1 the TrLSt 6 IIkrj n&( year. It was a rdief to emerge the vAirst rf COVID IKye that new ncrnlty conlinwh The My thanks as aw tn our Ndunteers arxl trLSte vkn make what the Tntst d5 Fossible. Paul Davis Chair
The TN5t has a twear an (krfinirYJ the YJategic tytsv&thatitvAI seekto Truees revie the plan in thr regular quartay M&IrK As the TrLSt has gr( and r(s wOts to regenerate and improve the pa have completed, the Tn& r9ble for maintsiniro and repairing these nthy created lI1e5. Sc4ne gjth as the rAaYa and play area werdte Itiue or rn income. Their succethl rna1ntenan, hwu, is (Titical to theTS aim cf thblishing a su4ainable park for the of the ccffimunty. The tnst IHS esiall 9xial to fund maintenan and er6uring their ryirKJ thrcAJgh ordul Managt is a W fcKJts ofbwtees, efforts. Paul Davis Chair Company law requires the trust to prepwre finarxial stateMts that gTr a tnE and frdlr view of the stste of the affairs of the tharity at the erxl of the finan(ial year and crf ts suU$ ordefiatforthe financsal year. In dcing so the trustees are required to: make ju(SJements and &timates that a reaxThl and txuknt and that the aBrity v4ill ojrfinue in IxsÈrEs accuracy at ary time the financial kxstiM of the tharrty aThd enables them to er6ure that the finanoal statements compty wtth the Companies Att 1985. tru5W are a19) re5px&ble for uardIng the assets of the tharity arKI hentr for taknrKJ rea£( steps fortre ¥tion and dettIOn of ftaud and ots irregularity
A resOlUt)n will [x0d at ttE anThA gwal me&iNJ that MJt3n Stckes be awinta as indepwdent examiner to the Q)artty fur erj year. mi To the memte5 Dukes MeadcM5 TnL I repM)rt on the accounts of the Clwity the 3(P Septantw 2021. whith are set OLIt on pages 10 to 15. that an audtt is not requi for this year (urmler sti¢M 43(2) cf the lThritis NLt 19)3 1993 Art) It is my reswnsibilty to: examine trE accounts (under secticffi 43(3Xa) of ts 1993 kt). to folkw the traureS kid the CAal tre Charity cclnmissicKr examinalTh was canied out in acrcKth with the ThrthS gi¥En by the tharity Q)mmissIone An examination a reiew rf the aCCntirJ record5 W by the Charity and a comparison of the accounts weted with trKEe r. It aly) irKJudes cL)nyderdtion of any unusual items or di9Jc6ures in trE accounts and &irKJ extAanaliors you as trLSt*s cCeming any suth matters. The wc£edures undertsken do r¥)t all the elidw that vnjkj te required in an aLhJit and CSeqL I do extKess an alt giv ty the nts.
(l) whith gives me 9)nth QLse to LElieve that in ary matla1 re%ELt the Uirements to k*p accountiTVJ in aCc(xtsn 1th sert1 41 of the 1933 P£t; and cuntirKJ requirements of ttE 1993 ALL have not teen met; cy (2) to lCh, in my cfinim, altic slKMJld dravm in to enatde a wopw UndIng of the accounts to te rea(hed. Audit exemption For the year ending 30109r21 the c(xnparry V4¢S to fil arr£ urmler 477 the Companies Act 2[ relatitNJ to small ccfflpanies. The members have not requi1 the cnpanY b) otthn an in thryth section 476 of Companies Act 20( The dir acknowledge their lbIrtytr c(JnthrKJ bmth the rewiremwts ofthe P£t wth r 2 Stavew Gardens Chiswick London W4 2SD
Statement of Financial Activit (Induding Incom & Exkwmliture Account) For the year ended 30th Septemlw 2021 Totsl 2020 funts funds 2021 Incomlng Resour Bowls Club Rent Gifts and Donations Income Grnnts received Farnier's Market Kiosk Pavilion Rent InLyMne 1.190 13,250 41897 1,190 13,250 42.897 7,500 27,204 96,214 12 96,214 12 91,265 220 Total Incoming resourtes 128,357 Less Cost of Generating Funds Farn's maet 17.652 17,652 11,365 charitable appliotlon 138.711 138,711 116,992 of Charitable objectives 78.087 78,087 73,628 Management and Admin 22,IX15 22,IX15 25,297 IIXl.092 100,092 98,924 619 18,068 Gfants made 31,688 31,688 931 18,068 Retsined Earnlngs blf 318,632 296,974 301,364 Net Incoming Resources 931 6.931 18,068 Trnnsfer to Restric Funds Retained Funds as at 30th Sep 2021 324,763 324.763 318,632 10
Balan Sheet As at 30th Septanber 2021 31>S*21 30-Sep-20 Fixexl Assets 145,920 145,920 -81,458 -75,936 Totsl red 124,462 129,984 1,592 70 70 Totsl AOunts Receiwable Cuntntlsavings 2395T7 105,624 123,990 782 64,600 123,978 Totsl Currnntlsavings 230,397 188,578 Totsl Currert Assets Current Liabilities Accounts Payable Total Aca)unts Payable 231,989 188,648 io 31,688 Tolal Current Liabilides 31,688 Net Current Assets 2,301 188,648 356,451 318,632 324.763 318,632 Equity Genernl Funds blf 207,Q32 188,964 Plus Retsined Earnings Total General Funds Restricted Funds Capitsl Grnnts Designated Funds 6,931 213,963 12,800 18,068 207.032 13,6 li 12 98,OCNJ Total Equity 324.763 318,632 li
For the year ending 30ILY3f21 ccnpany was to eXnpb frun at under secti( 477 of the Companies Lt 2[m reiatirKJ to small compan The Membe have rKt ruIr the company to oltsin an in with ttIon 476 of the Companies 2C(h5. to small companies, regime. Signed dul Dav 12
l. AccwntiNJ poli(ies a) Bags of accountsrvJ The finarKial statements haNE been pare un(kr the histcKical c( Conv and in accordan the Ststements of Recommend tbrtie, knnI]J and Rwtiro ty Charities (SORP 2C05) apF4icable accounting standanls armd the Companies Ads 1985 a1 1989. The ryirKipal accounti tdiaes adopbj in the preparBlion of the financial Statem a as frAk. b) Cash fiow The nts do rb)t ctsin a cash statffn the Tr as a small rwtirKJ entity, is c) Qants donors 8Eafy that gTrnt4 IrKI captsi gran e for parficular 1cl [XKFx this income is 1ndLd in irKc¥ning rurCeS of rthtted fiJrMts vhEn rable. If rN)t st in the year it is and experKIitij account when spent d) TaNJible ed Assets Depreciation arKI am¢Jrtisakn are at tre fdlcmryrxj ann1 rates in to write off eath asset over ts stimated useful life: Leasehold prcwty (SknJb)5) Leasehold p (PaMIKJn Fkt) Leasehold prwty (Sttxlio Immvnfj) w 25 yEar5 woximat, frLxn Ckt 2012 Net inccKning r1r are siat8J after (hwgiro: 2021 5.522 2020 5,522 Dewttiation of tsNJlble flxed assets Covid Business Irterruption Grdnt Lordship Rec Participation Grant iO,OLN) 3,250 13
Rent payable on Pavrlion Dues and Subscriptior Project MgmVFaalibes MgmVBwkkeeping 531 24.120 26.651 Project expenditure Adventure Nay Area Artist Studio Development Park projects - general Promenade Approach Water Play Area Total Project expenditure Repai and maintenan Adventure Play Area Artists Hat Park repairs - general Pavilion Water Hay Area Totsl Repairs and malntenan Tcols, equipment, PPE, etc Trdining Totsl In furtherano of dlilable 4054 8,412 3.5(Kl 81 23W• 5.179 3.196 4.567 9,262 4,566 26.T/l 819 74088 5. Management and Admln Costs Advertising Farmers Market Business Rates and Counal Tax aeaning and waste Depreciation ExrEnse Insurance Intemet Support offi Supplies, Pcstsge. Etc Professional fees Utilities Totsl Management and admin 1.069 4.742 1.116 433 237 6. Grnnts made The Trust ha5 agreed a maximum grant of £31.688 to LB Houn51ow towards the totsl cost of the restoration of the pa gates in Edensor Road. As at the date of these accounts, the grant has bn agreed but has not yet drawn d. the work is finalised, the amount payable may be less than the totsl amount Shown. 7. Amortisation of Capital Grant A caprtal grant of £20,LKiI was re1Ved in 2012 from the Gaffield Weston Foundation towards the building of new studios. This is being released to unrestricted funds over 25 years against the depreciation charge of the studlos. 14
- Tangible fixed assets Cost: As at 30 Sep 2020 Less acMulated depreciation to 30 Sep 2020 Less depreciation tharye to 30 *p 21 Accumulated Depreciation at 30 Sep 2021 Net book value at 30 Sep 2021 205,920 75,936 81,458 124.462 2021 2020
- Debtors 1.592 70
- Credltors: amounts Palling due wlthln year Trade Credito Grant payable (but not drnwn) see note 6 Others 31.688
- Restricted Funds Studios (Garfidd Weston) Totsl Il800 Il800 13,600 13,600
- Designated funds Pavilion Maintenan Provision for playground repairs and similar Provision for repairs to EderÈsor Road Gates Totsl Designated funds 28,000 28,000 60,000 60,000 98.000 98,0(KI
- Fund accounting Funds held by the Charlty can be: Unrestricted Genval Funds-these are fvnds vthi(h can be used in accordance with the charitsble objects at the discretion of the trustees. Designated FuNIs-4Pw are fijnds set aside by trustees out of unrestricted general fvnds for spectfic future purp)ses or projetts. Restri Funds-these are funds that can only be used for particular restricted purposes within the obiects of the 0rity. RestrFCtions arise when specified by the donor or when funds are rdised for particular restricted purtK)ses. 14 Legal Status of the Chaiity The Charity is a company limited by guarantee and has no share capitsl. The liabilty of each member in the event of wtfKling up is limited to £1.
- In addltion to the bank accounts shown in the balan sheeL' The Charity maintsins an account (30255742) in the deposits paid by artist studio tenants are held. As at 30 Sep 21 the balance on this account was £13,995 (30 Sep 20 £14,579). These fijnds are held in trust and do not form part of the assets of the Chartty. The Charity maintsir6 an account (20154954) whith holds funds received for a project to develop an athretum in Chiswick Burial Grounds in vthith the Trust participated as a partner with other IIKal groups and individuals. A5 at 30 Sep 21 the balance on this account was £1,224. These funds are held in trust and do not fom part of the assets of the Charity. 15