Llttle Chalfont Charllable Trust la wrnpany limited by guarantee) ReM and Finanoal Ststements Year ended 30 Awil 2024 Company number. 07591978 Charity number. 1141148
Litth Chalfont Charltablo Tntst (a company Ilmlted ty guarantee) Page: Report ofthe twstees Independent examiner report statement of financial a(*"vttios B818nc8 shaet Notes forming part of the financia] statements Report of the Trustèes for the yearended 30 Aiwll 2024 Trustees (and Direclorsl Mr R A Funk IChwr} Mr J Small Mr R J Taylor Ms Q Liu - appointed 16 December 2024 Reglster•d offl¢e 23 Linfields, Little Chalfont, Bud(s HP7 9QH Reglstered company number 07591978 Reglstsred charlty number 1141148 Solicltors 18B Law. Chesham & Uxbridge Banker8 CAF Bank Independ•nt Examln•r Janet Astall
Little Chalfont Charitable Trnst la company limited by guarantee) Report ofth• Tnths for thg year ended 30 April 2024 (Continued) The Trustees of the Little Chawonl Charitable Tt (the "Lccf) rffesent their re[rt tLJ8ther wth the financial statements for the year ended 30 April 2024. Structure. g¢)vernance and management LCCT is a company limit8d by guarantee and is cy)nstituled by the goveming document of the Charity's Memorandum and Artides of Assoaation dated 5 April 2011 and is a registered charity. LCCT was established initially to purchase an area of land in Litue Chaifonl and to develop it as a nature park. for the b9nefit of the l¢xal community. LCCT is regist8red wth th& Charity Commission under the Charities Act 2Q11 Iregistralion dale April 2011. nurnber 1141148}- Trustses meet at regular intgrvals during eath year to give ISIderatIon to the ststus of Lccfs fvrKling. reseiyes and rfsks. LCCT has no paid staff and Ihe Trusteos c211 up)n the unpaid seNices of certain volunteers for th8 provision of administrative support. The wwer lo apint new Trustees rests wth the existing Trustees of the charity. On appointment, the decision making preSS of the Charity is explainetl to new Trustees by one of the exsting Trustees who also provide 8n overview of the administrative 0dureS employed by the tharity. Objectives and actrvities for the publlc benefft Our purposes and alms, as set in the otyects ntained in the iyynpans memorandum of as$o¢iation, ara to.. Promote such exclusivety charitable purposes for the benefft of the local o)mmunity of Little Chalfont and the surrounding area as the Trustees in their absolute discretion think fft induding by way of purchase of land in the village to be used for recreation and leisure time occupation. o)mmunity events any other charitable purpose. The truslees confirn that they have referred to the guidance contained in the Charity Commission's general guidanc8 on public benefft when Teviewing the chariVs aims and objective5 and in planning future activities. A¢hl8vamgnts and p8rfom1an for tho publlc bgnafit The Nature Park continues to r)e of great benefit to the residents of Litt chaOnt and the surrounding areas. as a safe haven for local walks and exerrAse. with continuing increases in the number of visitors. The park remains a peaceful and tranquil environment vith no motorised vehiths. other than those required for the very occasional maintenance. The paths We laid during the 5ummw 2023 in a¢CcKdan wilh our commitm1 to all donors and grant fvnders and the redents of Litug ChaKont. They were delivered on time and thin budget and in accordar)ce with the specification. The trttee$ appointed a Proje( Manager to h81p oversee the SLbccessful complet¢on of the paths and would like lo thank Peter Bedey for his eiforts and ctxnmitrnenl to ensuring the successful completion of the paths. Installation by 3(lth September 2023. The trustees acknowgdge that delivering the paths would not have been achievable thOut the SPg¢kfic support of our path fundefs 8nd our record of appreciati(m is gtvÉn to the HS2 Community Fund, Amersham & Villag8$ Community Board and the Nation81 Lottery Community Fund for their genemus contributions. The results were well receed by the public. as demonstrated by the significant increase in vlsrtor numbers from all walks of lrfe and age groups. The overriding objective was to make the pafk'acwible to all- in a safe environment, and this has been achieved. Signtficant numbers of elderly users wth mobilty and walking aids are using the park, with the circular paths lending Ihemselves to a lap or tsvo for visitors. Another large group of
visitor5 are pants with buggies and smaller thildren and the park 15 prowng to be a regular. popular meeting place. the abundance of benches providing opportunty for rest and conversation. The enjoyTnent and gcology of the park is vèry important to the trustees and over the yeals we We pleased that local schools have o)nlributed to bug holeLs and leaming areas. Our thank5 also go to Dr. Challoner's High School who have rentlY finished a wdeo of the park, the results of whith will sh¢yUy be p)5ted C the website. Studies are also tsking place to e5tabli$h the pcwlaticffl of wtiles and insects. Looking to tho fijture, our thanks are also given to the wdespread ongng sur4)ort we receive from the active volunteers from the Management Gmup. the Parish Counal. Friends of the Nature Park and the Little Chalfont Community Assooakn. wthout bvth05e SUPE the park coubj not be the 8s5et to the communty it is today. Flnanclal Revlew Income for the year was £90,673, indudwbg the arnual rental paymont of£500. Grants towards the pathway amounted to £88,434. whith gratefvlty reeetved to alkm the pathways to bg installad. There was signifi(gnt grant income reLived fr(#n a varigty of instituttons to help finance the development and completion of the palhs. There were also ongoing bank charges. filng fees and insuran(x premivms. The overall cost of the paths was £103.032. which has been ca&Ntalised as a fixed asset. As a resu of the grant income re¢eivgd during the year. wslh the costs of the paths ng calIsed. there Is a signfficant surplus recognis8d in the accounts. DepTecialion of the newty laid paths is 10% on a straight4ine basis. based on the 10 year guarantee frcrfn the Snstaller. With the paths having b88n effectivety compted by 30 September 2023. there was effectively 7 months of depreaation Charg to the inc£ne statemenL vthith amounted to £6.010. Going forward in subsequent years. due to the depw8ticffl of the fixed asset relating to the paths. there will likely be a¢nting deficits recorded, wrth the costs effectively being spread over the wming 10 years. As a result of the developrnent spend and in rel8ticff¢ to p8rt( benthes (offset by grants and (k)nations r1Ved), and ongoing administrative expenses. this resumed in a surplus for the year of £83,999. The TnJS{ intend lo undertake a rewgw of the hIstIcal daliOnS. grants et¢ SpecifillY Bttributable to the Nature Park {i.e. deemed as reslriGted for the Nabjre Parkl to identify what is effectively re5tricied to spend on the Nature Park and what may be available for other purpose5 Wthin the objects contslned the wmpany's memorandum of association. Forthe ujrrent year. the Trustees identrfied £2.239 as unrestricted income. Cash balanc£s amounted to £41,874 as at 31 December 2024. Plans for future periods forthe public benefft In addon lo laying the paths. where the specaficalion alk> a$S to all people, whatover their age or moblllty. the final planned project is lo ueate a sensory garden. Plans and costings have been agreed and work commenced in Autumn 2024. Ther&aft8r. the Charitable Trust wll Ic4)k for other pIe¢l$ (rf public t91. to improve Ihe enwronmenl and faCIleS of Little Chalfont.
Llttle Chalfont Charltablg Tnmt {a MpanY limiled by guarantee) for tho year endod 30 April 2024 (continuodj Risk management The Trustees have reviewed the mojor risks facing the L*arity. and the systems and procedures to manage them. Reserves Pollcy The Trustees do not have a fomial reserves policy. but there are certain funds wthith are restricted for specAfic U58ge. The Trustees review the level of serveS hehd periodicalty. Statom•nt of Trust. rgsponslbllltle8 The Trustees are responsible for preparing the knnual Repmxt and the financial statements of the charfty In accordance with the Companies Act and for being satisfied that the financxal statements give a tnje and fair view. The Trustees are also re¥#)nyble for preparing the finan(ial staternents in ac(x)rdantx with United Kingdom Actounling Standards (United ng{l{n Generalty Accepted Accounting Practice). Company law requires the TTustee5 (who are dire(lors of th8 d)arityl to prepar& finanual ststsments for each finan81 period that give a true and fair view of the stste of affairs of the charity and of the Income and expenditure of the tharity for that periTrJ. In preparing these finanoal ststements. the Trustees are required: to select suitable rMInting lIrA8S and than appty o)n8i8tenty. to make judgements and estimates that are Teasonable and pNdent and to prepare the finandal ststements on a goiro cmcem basis. unless it is inappropriate to presume thal the charity will ntInue in SIness. The Trustees are responsible f(x keeping adequale accounting records that show and explain the charity's transactions, disclose th reasonable accuraLy at any b.me the financial posttion of the charity and enable them lo ensure that the finanual statements rJ)mpty with the Companies Act 21)06. They are also reSpOnb for safeguarding the assets of the chty and h8nr£ for laknng reasonable steps for the prevention and deteclion of frdud and olher irregutarities. This report has been prepared In aC)ran w7th the speoal PrlS1onS of Part 15 of the Companies Act 2006 relati lo small charilable ry)rnpanies and Wbth the Financial Reporting Standard for SmalleT Entthes (effective Ja ark 2015). Roger Trustse Date: 2? l•1<
Little Chalfont Charllablo Trust la company limltod by guarantee) Indwndent axamln•r's report for the year ended 30 April 2024 INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED ACCOUNTS TO THE TRUSTEES OF THE UTTLE CHALFONT CHARrrA8LE TRUST I report on the accounts for the year ended 30 Awil 2024 which are set out on pages 7 trj 11. R•spoctiv• rosponsibilltles of trust and examlner The charity's TnJstees (who a also director5 of the crynpany for the purw3es of MpanY lawl are responsible for the preparation of the accounts. The Chari$ Trustees consider that an audit ¢s not raquired foi this period (under Seclion 144121 of the Chwilies Acl 2011 {the 2011 Adl) and Ihat an independent examination is needed. Having satisfied myself that the chaiity is not subjert to audrt under company law and is Èligib for Independent examination, it is my responsibility to= (1) {2) examine the accounts (der Section 145 ofthe 2011 Adl: to follow the procedures laid down in the Genwal Oirections gNen by the char Commissionors (under Section 145151{bl of the 2011 Actl- and to state vthether partirjjlar matters have ccrfne to my att8nli¢M. 131 My port is made soleFy to you as Truslees putsuant to the Charibes Act 2011. My examination has been undertaken so that I might state to the Trustees those mattws l am required to state in this reFK)rt and for no othfrr purpose. To the fullest extant pennitted by law. I do not acpt or assume responsibility to anyone other than the Trustees for my examination, for my reporL LY for the slalement I have fnafle. Basis of independent examiner's report My examination was carried out in 1rdance with Generydl Directions giv8n by the Charity Commission. examination includes a reeW of the a(tounting records kepl by the charity and a comparison of the accounts presented with those reuyds. It also includes cfjnsideration of any unusu81 items or disckjsures in the accounts, and seeking explanations from you as trnstees C}ceM1ng any such matters. The pedureS undgrtakon do not provide all the eWden that would be required in an audr(, and o)nsequent]y no opinion Is given as to whether the accounts present a Irue and fwr arKI th& rerxxt is limried to th058 matters Set oul in the statemerbt below. Ind•pond•nt examiner's statwnent In connection th my examination. no matter has (x)me to my attention: which gives me reasonable cause to believe that in any meterial respect the requir8ments to keep accounting rerS in accordan with Section 386 of the Companies Acl 2006.. and to prepare ace4)unts which accord wrth the accounting records, compty wth the accounting requirements of section 396 of the Companies Act 20( and with the methods of principles of the Statement of Recommended Practi¢*, Acu)unting and re)rb"ng by Chariligs have not been mel,. or to which. in my opinron, attention 5houKI be drawn in Order to enable a proper understanding of the accounts lo be reached. (2) Janet Astall Date. /,/goZS
Llttlg Chalfont Charitabl8 Trust (a company limited by guarantee) Stat•m•nt of financlal adlvltl•s (Incorp1n9 the incom• and expendtture ac¢ountl for th• y•ar èndad 30 April 2024 Total Total In¢oming rosoureos 2024 2024 2023 Incoming rasourcas from g•nerated funds Voluntsry income inc Gfft Al Fundraising 742 1.840 Grant incxjme 88.434 88,434 R8nt 500 500 Investment income 997 368 Total incoming resourcas 88.434 90.673 2,708 RESOURCES EXPENDED Charitable activity expenditure Park maintènance & deveknpment 210 4,036 Support costs 454 362 Depreciation 6,010 3.040 Total resour$ oxpended 6.674 7.438 Net incominglloutgoing) resources for the yearlnot movornont in funds 83,999 (4.7301 Total funds brougm forward 287,654 292.384 Total funds carried fonvard 371,653 287.654 The note5 on pages 9 to 11 form part of the finanaal statements.
Little Challont Charitablo Trust (a company Ilmit•d by guardntee) Balance Sheet As at 3Q April 21124 Company Numbor 07591978 2024 2023 Note Tangible fixed ass&ts 330,577 233.555 Cunpnt assots Dgblors Cash 8t b8nk and in h8nd 46.067 54.099 46,067 54099 Crodltors: amounts falling du• wlthin one y•ar 4.991 Net Current assets 41.076 54.099 Total assets less current Ilabllltlos 371,653 287.654 Ros•rvo9 Rostrfcted funds 369.414 287.654 Unrestricted funds 2,239 The Trustees intend to undertake a rewew of the hislorical drmations. grants etc spedffical attributable to the Nature Park li.e. deemed as restrict9d for the Nabjre Parkl to identy vthat is effectivety restricted to spend on the Nature Park and what may be available for other wrwses ¥in th8 objocts contained in the compan8 memorandum of assoaation. For the current year. the Twslees identifd £2,239 as unrestricted income, which the Trustees have determined may be used for wider purposes. in line with trse objects contained in the compan$ memorandum of assoaation. For tho year ended 30 April 2024 the chanty was enlilled to exemption from audrt under section 477 of the Companies Act 2006 rdating lo small wmpanies. The members have nol required the tharity to oblain an audit of its financAal ststemenls for the p8ri0d in question in accordance with section 476. The trustees acknowledge their respon5ibilibes for cOMp.ng wrth the reqU1ments of the Companie$ Act 2006 with respect to accounting recrdS and the pparall0 of finan(yal statements. These financAal ststem8nts have been prepare(l in accordan with the spe(4al provis50ns of Part 15 of the Companie5 Aca 2006 ralaling to small tharitable companies and wilh the Financial Reporttng Standard for Smaller Entities (effective January 2015). ancial 5t8temgnts were approVj by the trustees and authorised for issue on. 2•" 2 •%t*" Roger Funk Trust
Little Chalfont Charitsble Trust la wnpany limitsd by guarantee) Notès forniing part of th• financial $tatements for th• year ended 30 April 2024 Accountlng poli¢ioS The accounts have been prepared un(Jer the historic81 ctjst convention and in accordance wth Accounting and Repong by Charities.. Statement of Re(lendeI PrdJ apiL?b1e to tharibes preparing their accounts in aecordance wsth the Finanual Reporbng Standard for Smaller Entities published on 16107114, the Financial Reporting Standard for Smalkn Entities (effective January 20151 and Èhe Companies Act 2006. A summary of the rn0 important accounb.ng FX)licie5. byhith have been appliwj ¢x)nsislenUy. are set out beh)w.' Company status The charity is a company limited by guarantse. The members of the cofflpany are the Trustees name(J on page 2. In tha 9venl of the charity being wound up, the 1k9b1 in respect of the guarantee is limited to £1 per member of the charity. Incomo Income is recognised in the period in which the tharity is enttued to reIpt and the amount can be measured with reasonable certainty. This includes grants re¢er¥ed during the year. which have been utilised on expenditure, Expendthire Expenditure Is accounted for on an accruaL8 basis. Cost of generating funds are those iniyjrred in seeking voluntary (x)ntn"bub"ons. Charitable activity expendilure is arx1ntj for gross. on an aouuals basis. Depreciation 15 applied to fixtures arKI fittings al 20% straight line. Expendire relatlng to the newly Installed paths ha5 been capitalised and will be depwated over a 10 year pwiod (as the paths are under a 10 year guarantee from the installer) i.e. depreciated at 10% straight Ilne. Support costs are those costs incurred dir&Xly in suprKJrt of expendire on the le(S of the charity. Governance costs indude those costs assocaated with rneng the conslltuuonal and ststutory requirement of the haritable company. Cash flow statement The acwunts do not indude a cash flow stalernent because the Charity, as a small rewting entity. exempl from tha requirement to prepare a cash lknv statement under FRS1 'cash flow statements.. Operating Asset The freehold land is leased lo the Little Chalfonl Parish Council as a Park open to the publiG and so is treateil as non depreatbn9 asseL valued in the aLxounts at Lxjst. Restricted Funds Where funds are received for SFeofic purposes set out by the donor or irnplied by the temis of appeal, these are shown as $tricted Income in the ststement of financial activibes. Expenditure for the purposes specified is applied against the income and any amunts unexpended at the balance sheet dale are shown wTthin restrcted funds.
Little Chatfort Charitable Tnmt la company Ilmlted by guarantee) Notes formlng part of the financlal statements lor Ihe y•ar ended 30 April 2024 (continued) 2024 2023 2 Voluntsry In¢<#n¢ l Fundraising Donations from indiv7duals and trusts 742 1,592 Grft aid claimedl to be claimed 248 Total 742 3 Grant In¢om• H52 Community Fund 63.435 Amersham & Vlllages Community Board 14.999 National Lotterycommuntty Fund 10.0 Total 88.434 4 Park malntonance & dovelopment Pathway plans 1,200 Sculptures & benches 2.760 Other 210 76 210 4036 5 Charitable Expenditure Support costs Insurance 381 280 Bank charges 69 Sundry (Companies Hse filing feel 13 Total 362 6 Trustses Remunorallon No fees or expenses were paid lo the Twstees arKI there are no employees. 10
Little Chaifont Charftable Trn$t la company Ilmlted by guardntse) Notes formlng of tho finan¢lal s14tom•nts for tho year ended 30 Awil 2024 (continued) Land Flxturns & fittings Total 7 Tanglble Fixed Assets A5 at 1 May 2023 233,555 233.555 Additions 103.032 103,032 Depreciatio (6,0101 16,010) As at 30 Aprfl 2024 233,555 97.022 330,577 30 Aprfl 2023 Incoming rnsoure•s {Out9olng r•sources) 30 Aprll 2024 R•s•r¥•s Reslricled fund - Purchase and development of Nature Park 287.654 88.434 6.674 369.414 un$tCted furKIs 2.239 2.239 Total 287.654 90.673 6,674 371,653 The Trustees intend to undertake 8 rewew of tho histori(31 donations, grants Otc speafically attributable to the Nature Park li.e. deemed as restricted for the Nature Parkl to identfy what is effectively restiicted lo spend on the Nature Park and what may be available for other pUoSeS wthin the cknjects contained in the company's memorandum of association. For the current year. the Trustees identtfied £2.239 as unrestricted in¢ome, whiGh the Trustees have detemiingd may be used for der purFxes. in line wth the objects conlain8d in th8 companls memorandum of association. Funds ralsed which were speryfic311y restricted to be used onty for the Purchase of the land fom)edy known as the 'S¢ulplure Field. and its subsequent devek)pment as a Nature Park. less related $ts have been recorded as restricted within the Accxyjnts. None of th8 donions or fundraising income received this year were associated with any conditions of use or speufic pur[. Related Partles Ong of the Trustee5 is also a u)mmitlee member of th8 Litue Chalfont Communtty Assodatlon. ¥thich is an unincorporated associaton. This ended on 22 Awil 2024. The LItUe Chaffont charitab Trust r1ve$. on ¢xwion, datiOnS from the LIte Chalfont Communlty Association. In the year ending 30 A1 2024. donati(ffiS Teceived. 8XdUdg gift aid. amounted to £nil {30 April 2023- £nill. 10 Other mattgrs With the pathways now wmpleted. the TnJste8s are conshJering other projects which wll enhance the ongolng enjoyment of the nature park and other actiwbes consistent with the objectives of the Charitable Trust. Sensory Garden - the trustees have wmmitted £6.840 to be spent on this pmiect. In addibon. the trustees have new signage lo ppare. with a budget of between £5k and £8k. 11