REPORT OF THE DIRECTORS AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
THE TREEHOUSE TRUST
THE TREEHOUSE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |
|---|---|
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| Report of the Accountants | 9 |
| Detailed Income and Expenditure Account | 10 |
THE TREEHOUSE TRUST
COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024
DIRECTORS:
Mr T Hirst Ms J Randle Ms A E Robertson Mr C Clare Ms J Clare
REGISTERED OFFICE:
37 Wallingford Road Cholsey Wallingford Oxfordshire OX10 9LG
REGISTERED NUMBER: 07655828 (England and Wales)
ACCOUNTANTS:
David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS
Page 1
THE TREEHOUSE TRUST
REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024
The directors present their report with the financial statements of the company for the year ended 31 March 2024.
DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.
Mr T Hirst Ms J Randle Ms A E Robertson Mr C Clare Ms J Clare
Other changes in directors holding office are as follows:
Ms J Readings - resigned 26 November 2023
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
ON BEHALF OF THE BOARD:
Mr T Hirst - Director
27 December 2024
Page 2
THE TREEHOUSE TRUST
INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses Other operating income OPERATING SURPLUS and SURPLUS BEFORE TAXATION Tax on surplus SURPLUS FOR THE FINANCIAL YEAR |
31.3.24 £ 16,479 (12,665) 3,814 (58,504) (54,690) 64,447 9,757 - 9,757 |
31.3.23 £ 19,203 (12,095) 7,108 (60,268) (53,160) 74,128 20,968 - 20,968 |
|---|---|---|
The notes form part of these financial statements
Page 3
THE TREEHOUSE TRUST (REGISTERED NUMBER: 07655828)
BALANCE SHEET 31 MARCH 2024
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Stocks Debtors 6 Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES Income and expenditure account |
31.3.24 £ 192,503 300 1,087 29,795 31,182 (141) 31,041 223,544 223,544 223,544 |
31.3.23 £ 190,333 300 - 23,296 23,596 (142) 23,454 213,787 213,787 213,787 |
|---|---|---|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The notes form part of these financial statements
continued...
Page 4
THE TREEHOUSE TRUST (REGISTERED NUMBER: 07655828)
BALANCE SHEET - continued 31 MARCH 2024
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2024 and were signed on its behalf by:
Mr T Hirst - Director
The notes form part of these financial statements
Page 5
THE TREEHOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. STATUTORY INFORMATION
The Treehouse Trust is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided Plant and machinery etc - 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. EMPLOYEES AND DIRECTORS
The average number of employees during the year was 3 (2023 - 4).
Page 6
continued...
THE TREEHOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
4. OPERATING SURPLUS
The operating surplus is stated after charging:
| Depreciation - owned assets 5. TANGIBLE FIXED ASSETS Land and buildings £ COST At 1 April 2023 189,184 Additions 2,457 At 31 March 2024 191,641 DEPRECIATION At 1 April 2023 - Charge for year - At 31 March 2024 - NET BOOK VALUE At 31 March 2024 191,641 At 31 March 2023 189,184 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors |
31.3.24 £ 287 Plant and machinery etc £ 16,618 - 16,618 15,469 287 15,756 862 1,149 31.3.24 £ 1,087 |
31.3.23 £ 383 Totals £ 205,802 2,457 |
|---|---|---|
| 208,259 | ||
| 15,469 287 |
||
| 15,756 | ||
| 192,503 | ||
| 190,333 | ||
| 31.3.23 £ - |
continued...
Page 7
THE TREEHOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| YEAR | ||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| £ | £ | |
| Trade creditors | - | 1 |
| Other creditors | 141 | 141 |
| 141 | 142 |
8. ULTIMATE CONTROLLING PARTY
The company is Limited by Guarantee so there are no shareholders and no persons with significant control.
Page 8
THE TREEHOUSE TRUST
REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF THE TREEHOUSE TRUST
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to eight and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS
27 December 2024
This page does not form part of the statutory financial statements
Page 9
THE TREEHOUSE TRUST
DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
| Sales Cost of sales Opening stock Purchases Closing stock GROSS SURPLUS Other income Fundraising Donations received Ancillary income Costs re non trade income Gift Aid Expenditure Rent Light and heat Employees and freelancers Pensions Telephone, internet etc Post and stationery Motor expenses Licences and insurance Training, books, etc Repairs and renewals Household and cleaning Sundry expenses Accountancy Professional fees Subscriptions Depreciation of tangible fixed assets Carried forward |
31.3.24 £ 300 12,665 12,965 (300) 28,297 16,617 23,127 (5,235) 1,641 1,554 2,147 41,812 1,864 1,401 62 385 5,185 355 2,166 91 51 648 - 165 57,886 |
£ 16,479 12,665 3,814 64,447 68,261 68,261 |
31.3.23 £ 300 12,095 12,395 (300) 12,686 15,423 57,492 (11,473) - 3,364 3,679 42,162 2,101 533 11 553 2,678 1,774 249 643 (1) 627 407 133 58,913 |
£ 19,203 12,095 |
|---|---|---|---|---|
| 7,108 74,128 |
||||
| 81,236 | ||||
| 81,236 |
This page does not form part of the statutory financial statements
Page 10
THE TREEHOUSE TRUST
DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
| Brought forward Motor vehicles Computer equipment Finance costs Bank charges Credit card NET SURPLUS |
31.3.24 £ 57,886 120 167 - 331 |
£ 68,261 58,173 10,088 331 9,757 |
31.3.23 £ 58,913 160 223 704 268 |
£ 81,236 59,296 |
|---|---|---|---|---|
| 21,940 972 |
||||
| 20,968 |
This page does not form part of the statutory financial statements
Page 11