## **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