GREENPATH VENTURES Charity number 1124202 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 COMMUNITY
GREENPATH VENTURES CONTENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Trustee's Annual Report Receipts and payments account Statement of assets and liabilities Notes to the accounts Independent examiner's report
GREENPATH VENTURES RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unfestrlcted Rostricted Fund Fund 2024 Total 2023 Total Not8 Recelpts: Donations, legacies and other similar receipts Operating activities to further charilYs objects Total receipts 757 52,870 53,627 7,096 757 52,870 53,627 7,096 Payments: Charitabl8 paymonts Charitabl8 activitles Total payments 2,253 2,253 32,380 32,380 34,633 34,633 28,902 28,902 Net of rncelptsllpayments) (1,496) 20,490 18,994 (21,806) Sale of assets 11,000 Transfer of funds (750) 750 Net of recelptsl{payments) after transfers (2,246) 21,240 18,994 (10,806) Cash funds brought forward 3,443 6,994 10,437 21,243 Cash funds carrled forward 1,197 28,234 29,431 10,437 Th8 notes on page 7 - 8 fomi part of these accounts
GREENPATH VENTURES STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024 2024 2023 Not8S Cash Funds Cash at bank and In hand 29,441 29,441 10,437 10,438 re8ented b Unrestricted funds Restricted funds 1.197 28,234 29,431 3,443 6.994 10,437 Flxed assets Equipment 1,940 1,940 1,940 1,940 Llabllitle Independent examination fe8 Loan from trustee 192 1,498 1.690 192 1,498 1,690 Total Assets less Liabilities 250 250 These accounts were approved by the Trustees, and slgned on their behalf by.. Chair Date: Name.. 17210v IBzs
GREENPATH VENTURES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1. Accounting pollclos Basis of the preparatlon of the accounts These financial slatoments have been prepared under th8 historical cost convention an applicable accounting standards. Incomlng resources All material incoming resources have been included on a receivab18 basis i.e. they are included if the date receivable falls within th8 period covered by Ihese accounts. Resources expended These have been analysed using a natural classification. 2. Donatlons, legacles and other Unrestrlcted Restrlcted slmllar recelpts Fund Fund Total 2024 Total 2023 General donalionslgrants 757 757 52,870 52,870 53,627 53,627 7,096 7,096 3. Charltabl8 activltles Unrestrlcted Restrlcted Fund Fund Total 2024 Total 2023 Equipment, materials & assoc costs F8cililator Loan repayment Mlscellaneous expenses Professional fees Rent & rates Subscriptions Insurance Volunteer expenses Training 464 619 2,151 25,800 2,615 26,419 4,229 7,500 11,888 851 192 3,303 10 110 1,051 192 1,115 1,161 192 1,178 63 846 152 2,000 71 2,846 223 929 28.902 2,253 32,380 34,633 4. Equipment Total 2024 Total 2023 Binoculars & cameras Computer equipment First aid equipment Tinde. fireboxes. 10 reind6er pelts Tents and camping equipment Archery equipment Camera Potters wheel 50 32 68 389 400 75 127 799 50 32 68 389 400 75 127 799 1,940 1,940
GREENPATH VENTURES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 5. Loan from Trustee Ouring the year ended 30 June 2010, one of th8 Charitrfs Truste8S took out a personal loan on behalf of the Charity so that il could purchase a vehicle. The total of the loan was £14,999 and the total amount repayab16 is £18,096 including interest. There is no personal benofil to th8 Trustee having providing this loan. The Truslees have agreed that the loan will be repald to the Trustee over 60 months15 years). As at 31 March 2022 there was £6,385.20 remaining to pay to the trustee. In financial year 2022123, the vehicle asset was sold for £11,000, wilh a £1,000 grant from Arnold Clark to fund repairs before sale. In 2015, one of the trustees loaned the Charity £7,000. Thi5 loan was repaid in full in this financial year. This is no longer outstanding. The October 2009 loan had a £4888.44 repayment, leaving £1,497.06 remaining to be paid. 6. Funds Analy$l$ Balance at 01104123 Incomlng Funds Expended Funds Transfors inlout Balance at 31103124 Unrestrlcted General Fund 3,443 2,253 772 1,175 Restrlcted Fund8 Active Essex EALC Colchesler Borough Homes Barchester Hyperlocal Outdoor Wellbeing Hyperlocal Rustic Recovery Hyperlocal Feel Well 2,870 (642) 2,228 82 317 82 1433) 750 835 6,072 (857> (4751 (5.8421 {19,854) (28,103) 30,356 22 5,597 4,158 20,146 32.533 10,000 40,000 52,870 53,627 Total restrfcted funds 6,994 772 TOTALS 33,708 7. Trustèè Payments During the financial year, trustees were reimbursed for out of pocket expenses only. B. Related paty transactlons No person connected with the Directors has received or is due to rec&ive any remuneration for the year directly or indirectly from the company's funds. 9. Going Concern The charity is operating on a going concem basis. 10. Key Management Personnel There were no staff employed by the organisation in this financial year.