**REGISTERED CHARITY NUMBER:**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **FOR**
## **WOODHAVEN TRUST**
Galloways Accounting (Hove) Limited 15 West Street Brighton East Sussex BN1 2RL
**WOODHAVEN TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
||**Page**||
|---|---|---|
|**Report of the Trustees**|1||
|**Statement of Financial Activities**|2||
|**Balance Sheet**|3||
|**Notes to the Financial Statements**|4 to|7|
|**Detailed Statement of Financial Activities**|8||
## **WOODHAVEN TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
## **Principal address**
Woodhaven Woodland Drive East Horsley Surrey KT24 5AN
## **Trustees**
A Dixon
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. Trustee
Page 1
## **WOODHAVEN TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM**
Investment income
2
**EXPENDITURE ON**
Raising funds
3
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Year Ended**
**31/3/25**
**Unrestricted**
**fund**
**£**
**249,367**
**200,730**
**48,637**
**665,985**
**714,622**|**Period**
**1/4/22**
**to**
**31/3/24**
**Total**
**funds**
**£**
108,106|
|---|---|---|
|||12,766|
|||95,340
1,046,809|
|||1,142,149|
The notes form part of these financial statements
Page 2
## **WOODHAVEN TRUST**
## **BALANCE SHEET 31 MARCH 2025**
|**Notes**
**CURRENT ASSETS**
Debtors
6
Investments
7
Cash at bank and in hand
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted funds
**TOTAL FUNDS**|**2025**
**Unrestricted**
**fund**
**£**
**-**
**84,736**
**505,400**
**590,136**
**590,136**
**590,136**
**590,136**
**590,136**
**590,136**|**2024**
**Total**
**funds**
**£**
129,000
544,391
338,556|
|---|---|---|
|||1,011,947|
|||1,011,947|
|||1,011,947|
|||1,011,947|
|||1,011,947|
|||1,011,947|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 3
**WOODHAVEN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT INCOME**
|**Year Ended**
**31/3/25**
**£**
Other fixed asset inv - UnFII
**7,308**
Deposit account interest
**15**
Curr asset inv income
**242,044**
**249,367**|**Period**
**1/4/22**
**to**
**31/3/24**
**£**
-
96
108,010|
|---|---|
||108,106|
Page 4
continued...
**WOODHAVEN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **3. RAISING FUNDS**
## **Raising donations and legacies**
|**Raising donations and legacies**||
|---|---|
|**Year Ended**
**31/3/25**
**£**
Support costs
**69,919**
**Investment management costs**
**Year Ended**
**31/3/25**
**£**
Administrative expenses
**1,811**
Aggregate amounts
**200,730**|**Period**
**1/4/22**
**to**
**31/3/24**
**£**
12,333|
||**Period**
**1/4/22**
**to**
**31/3/24**
**£**
433
12,766|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the period ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the period ended 31 March 2024.
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Investment income
**EXPENDITURE ON**
Raising funds
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricte**
**fund**
**£**
108,106
12,766
95,340
1,046,809
1,142,149|
|---|---|
Page 5
continued...
## **WOODHAVEN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
|**6.**
**DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other debtors
**7.**
**CURRENT ASSET INVESTMENTS**
Unlisted investments
**8.**
**MOVEMENT IN FUNDS**
**At 1/4/24**
**£**
**Unrestricted funds**
General fund
**665,985**
**TOTAL FUNDS**
**665,985**
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
**249,367**
**TOTAL FUNDS**
**249,367**
**Comparatives for movement in funds**
**At 1/4/22**
**£**
**Unrestricted funds**
General fund
1,046,809
**TOTAL FUNDS**
1,046,809|**6.**
**DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other debtors
**7.**
**CURRENT ASSET INVESTMENTS**
Unlisted investments
**8.**
**MOVEMENT IN FUNDS**
**At 1/4/24**
**£**
**Unrestricted funds**
General fund
**665,985**
**TOTAL FUNDS**
**665,985**
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
**249,367**
**TOTAL FUNDS**
**249,367**
**Comparatives for movement in funds**
**At 1/4/22**
**£**
**Unrestricted funds**
General fund
1,046,809
**TOTAL FUNDS**
1,046,809|**6.**
**DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other debtors
**7.**
**CURRENT ASSET INVESTMENTS**
Unlisted investments
**8.**
**MOVEMENT IN FUNDS**
**At 1/4/24**
**£**
**Unrestricted funds**
General fund
**665,985**
**TOTAL FUNDS**
**665,985**
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
**249,367**
**TOTAL FUNDS**
**249,367**
**Comparatives for movement in funds**
**At 1/4/22**
**£**
**Unrestricted funds**
General fund
1,046,809
**TOTAL FUNDS**
1,046,809|**2025**
**£**
**-**
**2025**
**£**
**84,736**
**Net**
**movement**
**in funds**
**£**
**(75,849)**
**(75,849)**
**Resources**
**expended**
**£**
**(325,216)**
**(325,216)**
**Net**
**movement**
**in funds**
**£**
(34,862)
(34,862)|||
|---|---|---|---|---|---|
|||||||
|||||||
Page 6
continued...
**WOODHAVEN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
108,106
108,106|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(142,968)
(34,862)
(142,968)
(34,862)|
|---|---|---|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
Page 7
## **WOODHAVEN TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**Year Ended**
**31/3/25**
**£**
**INCOME AND ENDOWMENTS**
**Investment income**
Other fixed asset inv - UnFII
**7,308**
Deposit account interest
**15**
Curr asset inv income
**242,044**
**249,367**
**Total incoming resources**
**249,367**
**EXPENDITURE**
**Other trading activities**
Bad debts
**129,000**
**Investment management costs**
Administrative expenses
**1,811**
**Charitable activities**
Grants to institutions
**123,586**
**Support costs**
**Management**
Wages
**8,424**
**Finance**
Bank charges
**587**
**Governance costs**
Exceptional items
**60,908**
Total resources expended
**324,316**
**Net expenditure**
**(74,949)**|**Period**
**1/4/22**
**to**
**31/3/24**
**£**
-
96
108,010
108,106
108,106
-
433
129,362
11,898
435
-
142,128
(34,022)|
|---|---|
This page does not form part of the statutory financial statements
Page 8
## **Trustees’ Annual Report for the period**
## **From 01/04/2024 To**
## **31/03/2025**
## **Charity name: Woodhaven Trust**
## **Charity registration number: 1133083**
## **Objectives and Activities**
||SORP reference
~~ee~~|~~ee~~|
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document
~~ee~~|Para 1.17
~~ee~~
~~ee~~|**Primary focus is on prison reform and**
**property tax reform.**
~~ee~~
~~ee~~|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19
~~ee~~|**Donations to various prison charities**
**(PACT, Storybook Dads), theKing’s **
**Trust and to Fairer Tax Campaign CIC**
**(Fairer Share) which is campaigning to**
**reform Council Tax and Stamp Duty to**
**alleviate the cost of living crisis for low**
**and middle-income households.**
~~ee~~|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**As trustees we have had due regard to**
**the commission’s public benefit**
**guidance when exercising any powers**
**or duties to which the guidance is**
**relevant.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference|
|---|---|
||Para 1.38|
|Policy on grant making||
||Para 1.38|
|Policy on social investment||
|including program related||
|investment||
||Para 1.38|
|Contribution made by||
|volunteers||
|Other||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Donations have been made to various**
**prison charities (PACT, Storybook**
**Dads), theKing’s Trust and to Fairer Tax**
**Campaign CIC (a summary of the**
**successes can be seen inFairer Share’s **
**news section).**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21||
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The reserves include investments the**
**charity holds, which give the trust**
**investment income to distribute**|
|Amount of reserves held|Para 1.22|**590,136**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed dated 22 November 2009**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Trust**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Woodhaven Trust|
|---|---|
|Other name the charity uses||
|Registered charity number|1133083|
|Charity’s principal address|Galloways Accounting,
3rd Floor, 15 West St,
Brighton BN1 2RL|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Andrew Dixon||||
||Lorraine Dixon||||
||||||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name None**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**None**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Andrew Dixon|Lorraine Dixon|
||
Trustee|Trustee|
||||
||||