## **FINANCIAL REPORT 2020-2021** 

**HOSCT – HEART OF STREATLEY CHARITABLE TRUST** 



## **Administrative Details of the Charity and its Trustees for Year Ended 31 March 2021** 

## **Trustees** 

Mr Nicholas Barnes - Chair 

Dr John Bell – Secretary 

Dr Nicola Swan – Treasurer 

Mr Marcus Francis 

Mr Robert Kapp (appointed xxx) 

Mr John Rogers (appointed xxx) 

Ms Joanne Ashmore (still awaiting info to officially appoint) 

## **Charity Registration Number** 

1140853 

## **Principle Office** 

The Old Golf House Rectory Road Streatley Reading Berkshire RG8 9QA 

## **Bankers** 

Lloyds Bank Broad Street Reading 

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## **Trustees’ Report For the Year Ended 31 March, 2021** 

The Trustees present their annual report together with their financial statements for the charity for the year from 01 April, 2020 to 31 March, 2021. 

## **Structure, governance and management** 

##  **GOVERNING DOCUMENT** 

HoSCT’s governing document was registered with the Charity Commission on September 03, 2010 

##  **CONSTITUTION** 

The objects of the charity are to promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment of the parish of Streatley, West Berkshire. and 

For such exclusively charitable objects and purposes as the trustees may in their discretion think fit. 

##  **METHOD OF APPOINTMENT AND INDUCTION OF TRUSTEES** 

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the charity’s Trust Deed. 

The trustees look for persons of proven integrity who share the vision and objectives of the charity and who have the relevant wisdom and experience to contribute to the running of the Charity. 

Each new trustee is provided with the relevant Charity Commission publications, a copy of the Charity’s constitution and the relevant information from the Charity Commission relating to the duties of trustees. 

##  **PUBLIC BENEFIT** 

The Trustees confirm that they have referred to the guidance contained in the Charity Commissioner's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. 

##  **RISK MANAGEMENT** 

The Trustees have assessed the major risks to which the charity is 

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exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. 

## **Trustees’ Report (continued) For the Year Ended 31 March, 2021** 

##  **REVIEW OF ACTIVITIES** 

To be written by the chair (Summary of what we have done and number of meetings) 

##  **RESERVES POLICY** 

The charity maintains adequate reserves for its level of operation as no activities are undertaken until funding is in place from donors. 

##  **GOING CONCERN** 

After making appropriate enquiries and funding applications, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. 

##  **TRUSTEES RESPONSIBILITY STATEMENT** 

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

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- observe the methods and principles in the Charities SORP; 

- make judgments and accounting estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

This report was approved by the Trustees, on 

and signed on their behalf by: 

## **Mr Nicholas Barnes, Chair** 

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## **HoSCT** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021** 


**----- Start of picture text -----**<br>
INCOME FROM : Note Funds £<br>Donations 1 32,287.50<br>------------<br>TOTAL INCOME 32,287.50<br>-------------<br>EXPENDITURE ON:<br>Charitable Activities 2<br>Unrestricted (a)   2,774.84<br>Restricted Wild Flower Project  (b)       676.00<br>Restricted Wall Project (Paid) (c)       895.91<br>(Accrued) (c) 39,170.70<br>-----------<br>TOTAL EXPENDITURE 41,945.54<br>-----------<br>**----- End of picture text -----**<br>


## **RECONCILIATION OF FUNDS:** 

Total funds carried forward 

3 53,111.71 ========= 



## **BE REEL** 

## **BALANCE SHEET** 

## **FOR THE YEAR ENDED 31 March 2021** 

|||2021||
|---|---|---|---|
||Notes<br>|£|£|
|**CURRENT ASSETS**||||
|Cash at bank|4|52,702.71||
|Paypal Account||-||
|Fund Yet to be Claimed (TOE)||193.50||
|**NET CURRENT ASSETS**||||
|52,896.21||||
||||-------------|
|**NET ASSETS**||||
|52,896.21||||
|========||||
|**CURRRENT LIABILITIES**||||
|Wall project bills|||39,170.70|
|**NET ASSET VALUE**||||
|**13,725.51**||||
|**CHARITY FUNDS**||||
|Unrestricted funds||||
|22,633.62||||
|Restricted funds|||30,069.09|
|Restricted funds to be claimed (TOE)||||
|193.50||||
|Less Liabilities|||39,170.70|
||||-------------|
|**TOTAL FUNDS**|||**13, 725.51**|
||||========|
|The fnancial statements were approved by the Trustees on:||||
|And signed on their behalf by:||||





**Mr Nicholas Barnes, Chair** The notes on page 7 form part of these financial statements. 



## **HoSCT** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 31 MARCH 2021** 

## **1. INCOME FROM DONATIONS** 

Unrestricted Restricted Total Funds Funds Funds Streatley PC 500.00 500.00 Anon 1,000.00 1,000.00 Wildflower project 482.50 482.50 Contributions to the wall project 2,000.00 28,305.00 30,305.00 ------------------------------------ **TOTAL 2021** 3,500.00 28,787.50 32,287.50 ======== ======== ======== **2. EXPENDITURE ON CHARITABLE ACTIVITIES (a) Unrestricted Funds** Weed eradication 90.00 Insurance 712.93 Maintenance 400.00 **-----------TOTAL** 1,202.93 ======== **Restricted Funds (b) Wildflower Project** 676.00 **(c) Wall project** Bennington Green 660.00 PayPal fees 235.91 



|Accrued fees|39,170.70|39,170.70|39,170.70|
|---|---|---|---|
||||**---**|
|**----------**||||
|**TOTAL**||||
|40,066.61||||
|========||||
|Actual Expenditure on Charitable Activities||||
|2,774.84||||
|Accrued Expenditure on Charitable Activities||||
|39,170.70||||
||||------------|
|-||||
|Total expenditure on Charitable Activities||||
|41,945.54||||
|========||||
|**3. TOTAL FUNDS**||||
|Balance carried forward – Lloyds Bank|||53,111.71|
|Balance carried forward – Paypal acc|||0|
|||------------||
|TOTAL CASH HELD||||
|53,111.71||||
|**4. CASH AT BANKS**||||
|**a) Lloyds Bank**||||
|Balance b/f 01-04-2020|||23,190.05|
|Total Receipts|32,051.59|||
|Total Expenditure in year|(2,538.93)|||
|Cheques paid and not presented|409.00|||
||-------------|||
|Balance carried forward at 31-12-2020||||
|53,111.71||||
|**b) PayPal Account**||||
|Balance b/f 01-04-2020|||0|
|Total Receipts|16,065.00|||
|Less Transfers to Lloyds Bank|(15,829.09)|||
|Less Fees from PayPal|(235.91)|||
||-------------|||





# Balance carried forward at 31/03/2021 0