MINEHEAD AND COAST DEVELOPMENT TRUST
Formerl MINEHEAD DEVELOPMENf TRUST
Acom
limited b Guarantee
' tered Com
an
Number: 07322858
'stered Chari
Number: 1144443
UNAUD
EDA
FOR THE YEAR ENDED
31 MARCH 202

MINEHEAD AND COAST DEVELOPMENT TRUST
ACCOUNTS FOR TBE YEAR ENDED 31 MARCH 2025
Contents
D1￿ct￿￿' Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

MINEHEAD AND COAST DEVELOPMENT TRUST
DIRECTORS, REPORT
The directors present their report and the financial statements for the year ended 31 March 2025,
Charlty Number
1144443
Company Number
07322858
Directors & Trustees
The Directors of the charitable company (the charity) are its trustees for the purpose of charity law and
throughout this report are collectively referred to as Trustees.
The Trustees of Minehead and Coast Development Trust who served during the period were: .
R Tew
B H Maynard.Smith
G Sizer
J Whittaker
Principle Office and
Registered Office
4 Discovery House, Cook Way, Taunton, England, TA2 6BJ
Bankers
CAF Bank Lt(L 25 Kings Hill Avenue, Kings Hill,
Kent, fv￿19 4JQ
Reporting Accountants
One Plus One Taunton Ltd
4 Discovery HowJe, Cook Way, Taunton Somerset
TA2 6BJ
Going concern
The financial statements have been prepared on a going concern basis.

DIREcfoRS' REPORT
cont'd
MCDT continues its key role as a foundin8 partner for the 2021 Minehead Plan: "Inspiring People and
Place" and focussed activity on the delivery of the plan in collaboration with the Minehead People and
Place Partnership (MPaPP). Having ne8Otiated a 3-year funding agreement from The National Lotterfs
'Reaching Communities, fund, the services of the Project Coordinator have been secured. This
slgniflcant investment has also enabled the recruitment of a project delivery assistant Sn order to
support and assist the work of the Project Coordinator.
The Trustees sadly accepted the resignatlon of Graham Sizer, one of the Trusys founding Members who
agreed to remain as a Director of the Trust's trading subsidiary Minehead Information Centre.
A thlrd successful "Minehead Bay Festival". was held again in late August 2024 and once again
showcased local performing and visual arts and cultural participant5 Of all ages. The event attracted over
5000 people, a significant increase from last yearfs attendance.
Collaboration between environmental groups, Exmoor National Park. The National Trust and Somerset
Wildlife Trust has continued to grow and develop, with the launch of the Minehead Climate Adaptatlon
Plan. The Trustees agreed a further 4-year collaboration with The Onion Collective in neighbouring
Watchet, and 2 other communities, to take part In Actlon Research followlng the previous Understory
community mapplng project. This wlll enable further team development in 2025.
MCDT in its role as the accountable body for Minehead Informatlon Centre Ltd., came to the regrettable
decision to close the company on 3151 March 2025. after all avenues for its contlnuation were
exhausted. The Trustees continue to seek a viable alternatlve with a collaborative approach to deliver a
contemporary destination marketing service for residents and visitor5 to Minehead.
The updated MCOT website Mvw.mineheadandcoast.or8.uk Is supported by other social Media
platforms to communicate activities and future developments for MCDT and MPaPP partners.
Ray Tew
Director
19 Dttember 2025

Independent ExAminerts Report to the Trustees of
Minehead and Coast Development Trust
for the Year Ended 31 March 2025
I ryrt on the wxounts of the company for the year ended 31 Ma￿h 2025, which are set out on pages 4 to
49.
Respectlve respon8lbilities of trustees and examlner
The trustees (who are also the directors of the company for the purposes of company law) are responsible
for the preparation of the accounts. Th¢ trustees consider that an audit is not required for this year under
section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examinatiofy it is my responsibility to:
- examine the accounts under section 145 of the 201 l Act.
- follow the procedures laid down in the General Directions given by the Charity Commission under section
145 (5) (b) of the 2011 Act; and
-state whether particular matters have come to my attention. Basis of
independent examinees report
My examination was Carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts and seeking explanations Aom you as tr￿Ste¢S concerning
any such matters. The prncedures undertaken do not provide all the evidence that would be requi￿￿ in an
audit and cA)nsquently no opinton is given as to whether the accounts present a knie and fair view,, and
the report is limited to those matta3 set out in the statement below.
Independent examiner's 8tatement
In connection with my examination, no manner has come to my attention:
(l) which gives me reasonable cause to believe that in any material respect the
requirements:
- to keep accounting records in aecordance with section 386 of the Companies Act 2006;
- to prepare accounts which accord with the accounting records, comply with Ge accounting
requirements of section 396 of the Companies Act 2006 and with the methods and
principles of the Statement of Recommended Practice:
Accounting and Reporting by Charities have not been
met; or
(2) to whicty in my opinioo attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Sumit Agarwal ACMA
Director
One Plus One Taunton Ltd
Date: 19 December 2025
4 Discovery House
Cook Way
Taunton
Somerset TA2 6BJ

Miiiehèad and Coast Devèlopment Trust
Cliarit No
fJinr)aiiy No
1144443
OKJ22858
Annual accounts for the period
0110412024
Period start date
Period end
dale
3110312025
Section A Statement of financial activities (including summary income and
expenditure account)
R•strlcted
Income
funds
Unrostrlcted
fund5
Endowment
funds
Recommended categorles by activlty
Total fund3
Prlor year funds
Income (Note 3)
F01
F02
F03
F04
F05
Incomg and ondowmgnts from.,
Donations and legacie$
S01
802
6,368
80,872
87,240
53,240
Other Ifadino 8clivili
Inveslrnenta
S03
S04
$8parat¥ maladal Ilom of In¢om•
S05
Other
se6
754
7,122
754
87,994
1,855
55,095
Total
Expendltura (Notes 6)
Exp•ndlturo on..
Flaislng fvnd$
Charit4blfr 4clivilies
S07
80.872
so8
sog
122,632
122,632
104,414
Sopgr8le maten81 g#pen$• It•m
Olher
Total
S10
150
50
150
122,782
825
5.239
S12
Net Incomellexpendlturel before tax for
the reporting period
Tax pay8bl8
S14
Net incomellexpenditurel after tax before s15
Net gainsllloss891 on
Investments
Net incomellexpenditure
Extraordinary items
Transfers between funds
Other recognised gainslllosses):
S13
6,972
41,760
34,788
50,144
6.972
41,760
34,788
50,144
S16
S17
S18
6,972
41,760
34.788
50,144
$19
Gains and Ioss89 on ravalualion ol fixed 895els for the
charity's own use
Other 981nslllosses1
Net movement In funds
S20
S21
S22
6,972
41,760
34.788
50.144
Reconciliation of
funds..
Total lunds brought forward
Total funds carried fornard
S23
3,937
10,909
59,864
18,104
63,801
29,013
113.944
63.801
S24

Mnehead and Coa$1 De¥eb)pThxni Tlchaffly No
omoartv No
1144443
on22858
Section B
Balance sheet
Re3trlctéd
Unrnslrtctsd Incom• Endownn•nt Ttstsi thls
lund8
funds
Total
year
Fixed assets
Intanglble assets
Tonglble assets
Herltage assetg
Inv•stm•nts
F01
F02
F03
F04
FOS
INotg 151
INoie 141
(Note 161
(Note 171
fotsl Ilxedass•ts
1.774
1.774
1,275
100
10D
100
1,375
Current assets
stocks
(Note 181
Deblor#
INote 191
Inveglmenls
INote 17.41
Cash at bank and In hond INote 241
Tofai current assets eio
1.487
1.487
11.159
54013
65 172
Cièdltors: ¥mounts falllng du• wlthln
one year
(Note 201
4.128
4.128
2.748
N•t ¢urrent•ssWfllobllltlesJ 812
.428
Total assets i•ss cutt•ntll•blllV•$ 8iJ
63.801
Credltors: •mount¥ falllng du• aft•r
one yoar
(Nole 201
Provl8lon8 for Ilablllti
015
roiol nei oss•t$ or118bllltle$
Funds of the Charity
endowmen¢ funds INote 271
Restrlcted Income lundi INots 271
Unr•stdctfrd lunds
10.909
18.104
29.013
63.601
917
18.104
18.104
10.909
59.864
3,937
10.909
R•valuatlon r•s•r4e
Falr volu• r•8•rv•
Totsl funds
83,801
Th? ¢ompany ￿tItled10 gxemptlon from autht under s4n olth• Compan1•$ Aer 2006 rnfatlng ¢0 sm•ll
eompanl#s.
The mernber5 have notr•qulred th• compny to obtsln an •udlt In •¢eord•nc• wlth s•rtlon 476 ofth•
Companles Acr zoo6.
The dlrectors aeknowledge thelr r•sponslbllldes for comptylng wlth th• r•qulf•ments orth• Comynles
Ac¢ wlth respectto accountln9 TKords and th? prvparnt1t￿ of a¢¢04W
These accounts have been prepared In ac¢orilance wlth thè provlslons appllcable to smJll ¢ornpanle$
subject to the small companles reglffle andln ac¢ordan¢e wlth FRS102 SORP.
SYJn•d by w utsvotNslee¥diredws on b¢hall of dl lh•
InJsteo¥dwectcfs
Dat• ol
approval
ddim
Print Name
&gnature
D**
ddlmm
S4in*urè of dtrÈ£tc*authent**ing ar¢wAts bÈir4 sentto
Compwies HrJJ8•
CC17a (Excell
1W1212025

Note 1 BMI• of prewa
1.1 Bag14 of ae¢ounllng
Th0* LrmJntB h8¥o b•gn und¢rtho hl*orfc41 c￿1 c4Jfbvontlon*th ttams rvI￿nI￿•d •t Mst or
IraM*thn vtho *latsd lTrth•f¢lovantrtoto1•i to Iho10 &¢¥￿Tr￿.
Th• ac¢ountahawobopn
the Slatem¢nl olRKfyMrngn*Y¢d Pra¢ltc•'. A¢¢ounltr4 end R•porflng bycharlu
pr•pftrlng IholTBCQILtntu th Kwdance Ihts Fln8ndo1 R•prylng 8lqndard 4ppll¢abf•
th th• UK and R•pJtrAl¢oflr•Lffid (FR8 1021 10 Juty2014
• Ind
the Ftswi¢lal Rop￿th9 siknd8rd applk•b&ry kn th•Untt•d Khgdam R•wbl* ol
Ireland IFRS 102)
. th* ChwlUg•Ad 2011.
Th• ¢hth1tye•rt*￿th th putthbonrft •nlty a•dafinrAI by
FRS 102..
12 Golng concern
¢Qnllnu• u •qolngcone•rn. pleaMprovld• th•lollo*YnHdot•lh or¥ts¢o-Not•ppllo8blo", 11
An •xWanalkn u iothow f•dor•thJt lupport
tho ￿ndulk￿ Ih&i lh• aqol
90th9 Mn¢4m •Mumplkn doubtThJl,'
lth•r• t¢couMi IMMI pr•p8rod orb o
con¢4m ba￿$. pl•eg• dlKS)M thlsfAcl
togth•rwYh th• bwls onthlch IhY+fyN•te••
wep4red Iho acmints and Ih? r•w *mfth•
ltyll not f•9wded 4• 4 gd#o t0￿m.
1J Chang8 of a¢¢ounllng pDII¢y
TtK• proiort•tN• and 1otr¥lthv•d D• th0fi0oB hw4• m•dtrtotho polkknAdopt•d th
notg { }.
Y¢•.
(O fy)0 n•ttmrflh•¢hww th •¢¢ounUngpoll¢y.'
IW1¥2025

IA Chans•8 to aeeounllng •sVmai•s
No (Iw￿￿$tfj acoxnvng gsllmthl haw•occurT8d th tho reprIt￿￿ pwknd (3A8 FRS102 SORP).
Yes.
No.
(0 rf•nyehangos."
(W) tho eff•¢tof th•¢heng•on lrt¢om• and•xpeMe or
asi•ts 8ndllabllll•s forthtr ¢umntPoilod,' and
1.6 MatVTlal wWJry•4r •Mrn
No rnththl
•m>r hdve blqn ￿en1th¢d th Ihg
A7 FRS1¢y2 SOR
8ffec¢ed.' and
1911212025

Section C
Notes to the accounts
(cont)
Note 2
Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where
different or additional policy has been adopted then this is detailed in the box below.
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Please provide a description
of the nature of each change
in accounting policy
Reconciliation of funds perprevious GAAP to funds determined under FRS 102
Start of period End of period
Fund balances as previously
stated
Adjustments..
Fund balance as restated
Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of period
Net incomel(expènditure) as previously
stated
Adjustments."
Previous period net incomellexpenditurel as
restated
CC17a {ExGell
1911212025

Notè 2
12 INCOME
rnyTrlorpwAthd ty tr•FRS 102 SOAP ￿ FRS 101
Y••.
Ml•'
••wl• w• fi*11&10*13.12 FRS102 SORPk
Y••"
CC17 FR8 1Q2 8ORP
IwlY￿28
Y••.
Nl•'
YM.
NM.
Y4
YM"
•SOF
Yo•.
Nl

MythIM4mddlTAd•ml• t•m•dsw¢dMnttty.
L•g•dg&
MqmbqrsNp iw0￿p￿￿n1 mlmbv tINTr io ott*r
Yo•.
d•th 4r•m•tis.10 t•S.12 FRS102 sORPI￿ •n i•m
SOFA.
any ortosw an th• ￿•￿tIr￿oI￿n￿￿i VAI
Nl8'
2.3 EXPENDITURE AND LIABILITIE8
Injm 810 r•t4¥rd*od *tthlt limom IWIlWtxttiwi ii*r• i•• *il ar
U•bl[tyNo•on￿ofi ￿n￿n￿*r￿• o*thnwmm#ttrA &lJrttyi0 pay amou*•ll
Ye•.
Support wpJh•v•t4•n toathty
Nla.
ty110ty •ffj•1. orw ¢•pu•. tyth• •wnt •TrJrIh•r￿ItI tyl*￿1r￿M0•.
ex17 Ffts 102 8OaArtMwhh Wh•nth• • gi•M¥Ath￿￿xfQr bah¥J a ip•dtsfo¥d ol
Ye•.
•'
rf•YminM I•￿14￿1 ¥ll•twf•rth•Uft￿ry ot419•kn rnU￿ b•
Yos.
No.
NO.
Y••.
YOB.
o.
sle IINnclAI
10.7 FRSIW2 SQRP. ••W￿9r1?1* 11.17 t• 11.19,
FRSI01 XIRP.
Y•s'
2A ASSEf8
Y•
No.
wa.
u•0 bythlffty
No.
Int￿lIbIl tIM•ds•••l• $￿•1￿￿¥ lrf9r4￿4￿0 4r0 cfjntrow by th• tlvWvJ
No.

Yts.
Y••.
Yo•.
Yo•.
CC17 FR8 1tr2 Sfy9P
ADDmoiiAL TO OR
DIFFEREPIT FROM

So¢tion C
Notes to the accounts
Iconti
Noto 3
In¢omo
AnJlyg15 ol In¢orne
Unre•tritt•d Inc¢Mn¢ Endowmènt
bjndg
hmds
lunds
Tot41fund• Prforye
DonatSon8
and legaeles..
Donations and
Gltt AKI
Le
aoes
General grants provideo by g¢)vemmenVother
thanties
Membership s¢AJscrtplions and sp(￿SC￿lps
which are In 5ub51ance donations
Donated lacilit1tr5 and s•NKes
Olhw
Total
Ch8fltable
octlvltles..
Festival Fee$
6.168
150
8.168
150
7.636
1.000
1.150
C¢Jrmuni
Council for Somersel
Somerset Wesl antJ Taunton HTAP Grant
Somersel Wildlile Trust
BID Contribution Minehead Ba
National Lolle
Communi
Fund
Hinkle Point c ComffluNIl Granl
Minehead BID. Residual
Mineheau Towi Countil
S ark Sornersel
Posicts#e L¢xal Twsi
Olh¢r
7.636
1.000
8.000
04.420
64,420
10.000
20.000
5.779
2.037
5.779
2,037
so
90
12.000
1.855
55.095
754
7,122
754
87.993
Total
80,872
Olhgr tradlng
actlvltles-
Other
To¢¥1
Incorn• Irom
Invg#¢ment$'.
Inl?rest income
Divioend Income
Rental and leasin
Other
irKorne
Total
S•parate
matgrlal It•m
ol Incomg
Totsl
Other:
Conversion of end0%41nenl frjnds inlts inwrne
Gain on disposal of a tangibl• fixéd asset
for chant
's use
Gain on di5POsal of a prcgramme relaied
investment
Royalties frorn the exFArytstion of intellectual
ro
hls
Olher
Total
TOTAL INCOME
80 872
55.095
CC17a IExc8E)
191212025

Oth•r Inlomaiion:
All Incom• In tho prlory•arwu unT•Strt¢¢•d ox¢•ptior
IpleaBe provld• d•￿rIP￿01b and amount81
Wh•r• kny•ndty*montfvnd 1$ ¢onwrt•d Into In¢om• In th•
r•poTdng p•rtod* gl¥• th• rn04on tor thfr conv•nI￿.
blfjthln tho I￿orn* ltsm8 abovo tho follo*lng It￿1 ar•
mit•rf*l.' IplM•• dh¢lsx•th•fiiwr•, amount Ind 4ny
•r8mourbt•l
W*•rn 8ums ortglnally d•n¢%nlnal•d In lornlgn currnncyhw•
b••n In¢lud•d In In¢omo. •xplaln tho ba•1• 4)n whlGh Itm•
lum• hav• b••n tranil•t•d Into •t•rtthg lor th• Gurr•nGy ln
Itlch tho attounls ar• dra¥ffl upl,
CG17•lE¥¢4)
10
1A112ra¢Yds

Section C
Notes to the accounts
(cont)
Note 4
Analysis of receipts of government grants
This year
Last year
Description
Government grant 1
Government grant 2
Government grant 3
Other
Total
Please provide details of any
unfulfilled conditions and other
contingencies attaching to grants
that have been recognised in income.
Please give details of other fomis of
government assistance fmm which
the charity has directly benefited.
CC17a {Excel)
11
1911212025

Section C
Notes to the accounts
(cont)
Note 5
Donated goods, facilities and services
This year
Last year
Seconded staff
Use of property
Other
Please provide details of the
accounting policy for the recognition
and valuation of donated goods.
facilities and services.
Please provide details of any
unfulfilled conditions and other
contingencies attaching to resources
from donated goods and services not
recognised in income.
Please give details of other forms of
other donated goods and services not
re¢ognised in the accounts. eg
contribution of unpaid volunteers.
CC17a (Excel)
12
1911212025

Section C
Notes to the accounts
{cont)
Note 6
Expenditure
Re5trlcted
income
funds
Analysis of expenditure
Unrestrkted
funds
Endowm•nt
fund$
rotsl funds
Prior year
Expenditure on
raising funds:
Incurred seeking donations
Incurred seeking legacies
Incurred seeking grants
Operating membership schemes and
social lotteries
Staging fundraising events
Fundraising agents
Operating charity shops
Operating a trading company
undertaking non-charitable trading
activity
Advertising. marketing. direct mail and
ublicit
Start up costs incurred in generating
new source of future income
Database development costs
Other trading activities
Inveslmènl management costs-
Portfolio mana
ement costs
Cost of obtaining investment advice
Investment administration costs
Intellectual property li￿nCing costs
Rent collection. property repairs and
maintenance charges
Total expenditure on raising funds
Expenditure on
charitable
activities
Grant to Mlnehead Infommtlon Cèntrt Ltd
7,350
7,350
22.400
Postcod? Local Trust
11.866
Total expenditure on Charitable
activities
7,350
7,350
34.266
CC17a (Excel}
13
1911212025

Separate material
item of expense
Total
Other
Govemance
1,095
1.095
825
Total other expenditure
1.095
1,095
825
TOTAL EXPENDITURE
8.445
8,445
35.091
Other inforn)ation:
Analysis of expenditure on charitsble activities
Grant
lunding
of
activities
Activity or
programme
Support
Costs
Total this
year
Total prlor
year
Activities undertaken direetly
Activity I
Activi
Other
Total
Prior year expenditure on charitable activities
can be analysed as follows-
Within the expenditure iterns above the
following items are material. Iplease disclose
the nature, amount and any prior year
amounts)
Where sums originally denominated in foreign
currency have been included in expenditure.
explain the basis on which those sums have
been translated into sterling (or the currency
in which the accounts are drawn upl.
CC17a (Excel}
14
1911212025

Section C
Notes to the accounts
(cont)
Note 7
Extraordinary items
Please explain the nature of each extraordinary item occurring in the period.
This year
Last year
Description
Extraordinary item 1
Extraordinary item 2
Extraordinary item 3
Extraordinary item 4
Total extraordinary items
CC17a (Excell
1911212025

Section C
Notes to the accounts
Note 8
Funds received as agent
8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agenL Note.. If a charity
is acting as an agent. it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.
Amount recelved
Amount pald out
Balance held at period end
Descriptionlname of party
Related
party (Yes
or No)
This year
Last year
This year
Last year
Thls year
Last year
Total
8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the
purchase of goods or seniices, please disclose details of any balances outstanding beiween anyparti¢ipating members.
Descriptionlname of party
Balance held at perlod end
This year
Last year
Total
CC17a (Excell
16
1911212025

Section C
Notes to the accounts
Note 9
Support Costs
Please complete this note if the charity has analysed its expenses using activity
categories and has support costs.
Basis of
allocation
(Describe
method)
Raising funds
Activity 1
Activity 2
Activity 3
Grand totsl
Support Cost
(examples}
Governance
Other
Total
Please provide details of the accounting policy
adopted for the apportionment of costs between
activities and any estimation techniques used to
calculate their apportionment.
CC17a (Excel)
17
1911212025

Section C
Notes to the accounts
Note 10
Details of certain types of expenditure
Note 10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. M nothing
was paid please enter .0, in the appmpriate box(es).
This year
Last year
Independent examiner's fees
100
100
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountsncy services) paid
to the independent examiner
CC17a (Excel)
18
1911212025

Section C
Notes to the accounts
Icontl
Note11
Paid employees
Please complete this note il the charityhas any employees (transactions with Trystees dealt wllh In Note
28)
11.1 Staff Costs
Th1$ year
Last year
Salarlts and wages
Soclal security costs
Pènsion eosts Ideflned contrlbutlon p•nslon plan)
Other èmploye• beneflts
Total staff co$t¥
Please provlde detalls of expendtture on staff workSng lor th8
charlty whose contracts are wSth and are pald by a Yelatèd party
Please give details of the numberof employets whose total employee benefits (excluding Èmployer
pension costsj fell within each band of£lQ.000 Imm £60.000 upwartls. ff thtré are no such transactions.
please enter YThe' in the box pmvided.
No employees recelved employee benelSts {excludlng èmployer
p¥n$lon Costs) for the reporttng perlod of more than £60.000
Band
£60.000 to £69.999
£70.000 to £79,999
£80.000 to É89.999
£90.000 10 £99.999
£100.000 to £109.999
Number of èmployees
Please provide the totsl amount pald to
key management personnel Ilncludes
trustee5 and senior management) for
Ihelr service5 to the charity. For
speclfic amounts pald to trustees. see
Note 28.
11.2 Average head Count In the year
The parts of tha eharlty In whlch thè
•mploye•s work
Thls year
Number
Last year
Number
Total
CC17a (Excell
1911212025

11.3 Ex*r•tla Pa￿￿0n￿ to •rnPIo￿ •nd ollw• (•xduth• trMt•MI
Yome e¢wnpl•l• Ilan •x•4d•P•￿￿ ts m•d
Pl•••• •xpl•ln lh• n•lurn •lth•
ynmnt
Pl••M st*t• th• *uthorfty or
M*•on lor mi*lng th• pthym•nt
PloM• •laty the amount ol th• PA>inont
l•r v4lu• of •ny w•h•r of a rfght to •n
11A R￿Undan¢Y paynwnts
Tol•l •moynl ol p•ym•rt
The natuv• ol th• PAyll*nt I¢M1￿ M••1
Th• oxtort ol r•dund•n¢y fvnth9 •t th•
b•l•nM oh••t d•t•
PIN•• •l•t• th• •wwnlln9 pol¢y lor
*ny r•dund•n¢y w l•rndn•llon
pJyffl•nts
CC17a (Excd)
19112r2025

Section C
Notes to the accounts
{cont)
Note 12
Defined contribution pension scheme or defined benefit scheme accounted
for as a defined contribution scheme.
12. 1 Please complete this note if a defined contribution pension scheme is operated.
Amount of contributions recognised in
the SOFA as an expense
Please explain the basis for allocating
the liability and expense of defined
contribution pension scheme between
activities and between restricted and
unrestricted funds.
12.2 Please complete this section where the charity participates in a defined benefit pension plan but is
unable to ascertain its share of the underlying assets and liabilities.
Please confirni that although the
scheme is accounted for as a defined
contribution plan. it is a defined benefit
plan.
Please provide such information as is
available about the plan's surplus or
deficit and the implications. if any, for
the reporting charity
12.3 Please complete this section where the charity participates in a multi-employer defined benefit
pension plan that is accounted for as a defined contribution plan.
Describe the extent to which the charity
can be liable to the plan for other
entities. obligations under the terms
and conditions of the multi•employer
plan
Explain how any liability arising from an
agreement with a multi•employer plan
to fund a deficit has been determined.
CC17a (Excell
21
1911212025

Section C
Notes to the accounts
(cont)
Note 13
Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate form a material part of
the charitable activities undertaken.
13.1 Analysis of grants paid (included in cost of charitable activities)
ran
ran
institutions
individuals
Analysis
Support costs
Total
Minehead Information Centre Ltd
7,350
7,350
Total
7,350
7,350
Please enter "Nll" If the charity does not Identlfy and/or allocate support costs.
13.2 Grants made to instltutlons
My charity has made grants to partlcular Instltutlons that are material In
the context of its grantmaking. Detalls of the institution supported,
purpose of the grant and total pald to each Instltutlon is available on the
charity's web slte.
Please provide
detalls of charity S
URL.
Provlde details
below
Yes
No
Names of institution
Purpose
Total amount of
grants paid £
7,350
Minehead Information Centre Ltd
Provision of visitor information services
Total grants to institutions in reporting perlod
Other unanalysed grants
7,350
TOTAL GRANTS PAID
7,350
CC17a (Excel)
22
1911212025

Section C
Notes to the accounts
(cont)
Note 14
Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land
& buildings
Other land &
buildings
Plant,
machinery and
motor vehicles
Fixtures,
fittings and
equipment
Total
At the beginning of
the year
Additions
1,755
1,755
499
499
Revaluations
Disposals
Transfers
At end of the year
2,254
2,254
14.2 Depreciation and impairments
Basis
SLorRB
SLorRB
SLorRB
SLorRB
SLorRB
Straight
Line I'SL")
or
Reducing
Balance
( RB )
Rate
At beginning of the
year
Disposals
1,037
1,037
Depreciation
304
304
Impairment
Transfers"
At end of the year
1,341
1,341
14.3 Net book value
Net book value at the
beginning of the year
Net book value at the
end of the year
718
718
913
913
CC17a (Excel)
23
1911212025

1&4 Impairment
Please provide a descnption of the events and
circumstances that led to the recognition or
reversal of an impaimient loss.
1&5 Revaluatlon
If an accounting polky of rnvaluatlon Is adoptsd.
the effectfve date of the revaluatlon
ease
vlde..
the name of Independent valuer. If appllcable
the methods applled and slgnmlcant
assumptlons
the carrylng amount that would have been
recognlsed had the assets been carrled under
the cost model.
14.6 Other dlsclosures
(4 Please state the amount of bormwlng costs,
If any. capitalised in the construction of tangible
flxed assets and the capitalisation rate used.
(il) Please pmvlde the amount of contractual
commitments for the a¢qulsltlon of tanglble
flxed assets.
(iii) Detalls of the exlstsnce and carrylng
amounts of property, plant and equlpment to
whlch the charfty has restrlcted tftle or that are
pledged as securlty for Ilabllltles.
The Yransfers" row is for movements between fixed asset categories.
. Hease indicate the method of depreciation by deleting the method not
CC17a (Excel)
24
19112r2025

Section C
Notes to the accounts
Note 15
Intangible assets
Please Complete this note if the charlty has any Intanglble assets
15.1 Cost or valuatlon
Project
development
cost¥
Patents and
trademarks
Other
Total
At beginning of the
year
Addition5
Disp05als
Revaluations
Transfers '
At end of Ihe year
1 S.2 Amortlsatlon and Impalrm8nts
'Mgthod of
amortisallon
SLorRB
SLorRB
SLorRB
SLorRB
Slraighl Line
I"SL"lor
Redu¢ing
Balanco
"RB"
Rate
Al beginning of the
year
Disposa15
Amortisalion
Impairment
Transfers"
At end of year
15.3 Ngt book valuè
Nal book value al the
beginning of the year
Nel book value at the
end ol the year
CC17a (Excell
25
1911212025

15.4 Accountlng poffcy
Reasons forchooslng
Pollcles forthe reco￿ of4Thy
15A Impalrn*nt
￿￿Umsta￿e$ thatled to Ihe reco￿1￿ or
15.6 Rovaluatlon
ffl Myourlntanglble asset was a¢wlrnl by Ydy
of grnn¢ provlde value on Inlllal roCO￿thn and
carylng amount of the asse
Detalls of the ¢wryIng￿0vnts ol•
Intsnglble assets to whl¢h Ihe ¢harltyhas
Ilabllltles.
asset&
v) State the amountofrnsearch and
(v) Please d•laH tho heathngs In the SOFA In
assets Is Included
rfne.. R8 z rnduang balance). Also p￿ese in¢*¢ale Ihe ralg olW&?etion.' lorstraightline. **etis
CC17a {Exfxl)
1911V2025

Sectlon C
Notes to the accourhts
Icontl
Notg 16
Heritage assets
Please complete thls note Mthe Charity has IMilage assets
16.1 General disclosures for all charities hoFding herttage assets
lil Explain the nature and of
heritage assets held.
1111 Explaln the policy for the
a¢qulsltlon, preservation,
mana9ement and disposal of heritage
assets.
16.2 Cost orvaluatlon
HÈrltaytr wet
a5S8t
Herftage asset
Hefltsga ass81
Total
At beginning of the year
Additions
DisposaLs
Revaluations
Translers.
Al end ol the year
16.3 D•preclation and imparmi•nts
-Basls
SLLYRB
SLorRB
SL￿R8
SLorR8
SLorRB
Straight Line
rsL"l or
Reduciag
Balance
RB"
Rate
At ljeginning of the year
Disposals
Dep￿JatIOn
Impaimient
Transfers"
At end of year
16.4 Net book value
Nai book value at the beginning ol the
Nel b￿K value at the eThJ of the year
16.5 Impalnnent
Please pmvlde a des¢rlptlon of the events and circumstsnces that
led to the recognltlon orreversal of an Imparm￿t los&
CC173 (Excell
27
1911212025

16.6 Revaluatlon
Ilan ?ccgunUn9 poll¢y of revalyatlon Is adopted. pleas• provlde..
the effKdve date of the revaluatlon
the rtame of independent valuer, Ifappll¢•ble
quallllcJtlons of Independent valuer
the methods applled3ndsignificantassumptlons
any significant Ilmitatlons on the valvallon
16.7 Analysis ol herltage assets by class or group dlstlngulshlng those at ¢ost and those at valuaUon
At Valua￿0￿
Atcost Group
Totsl
GroupA
Carrying amoufit at the beginning of the pengj
Additions
DispD5als
Dep￿latIon11rnpa1￿Trent
Revaluation
CarryiThJ amtsJnl at Ihe end of penod
16.8 Heritage a55ets (wherè h•rftsg• assets are not re¢ognlsed on the balance sheeti
111 Explaln the rea$on why heritage
sgets have not been recognlsed on
the balan¢e $heeL
1111 Describe the significance and
natur• of h•ritagg a$8¢ts.
11111 Dlsclose Informatlon that l¥
helpful In assessing the value of
herflage assets.
Ilvl Explairb the feason why it is nol
practicable to obtaSn a valuation of
hertlage assets.
CC17a (Excell
t911212025

16.9 Flve year summary of heritage assets transactlons
2015
2014
2013
2012
2011
Purchases
Group A
Group B
Group C
Olher
Donatlons
GroupA
Group B
Group C
Other
11111
Total addltions
Charge for Impainnent
Group A
Group 8
Group C
Other
Total chargo for impaiwment
Dlsposals
Gfoup A- earryirvj affi￿nI
Group 8- carryiThJ amount
Group C
Other
Totsl dlgposo1$
C17a IExcell
19112Q025

So¢tion C
Notes to the a¢¢ounts
(conti
Note 17
Investment a$s•ts
Please complete this note if the charity has any Investment assets.
17.1 Fixed assets investments (please provide for gach ¢lass of Inv&$tmentl
Cash & tash
equlvalfrn
Ll8ied
Investments
Investment
pmp6rUès
Soclal
Invfrstment
Other
Total
Carrying Ifairl value at beginning of
period
Add: additions lo investments during
period.
Le$s.' disposals at carryin9 value
100
100
Less.. Impalrments
Add.. Reversal of Impalrments
Addlldedu¢tl.' Ifansfer inlloutl In the
period
Addlldeduetl.. nel gainlllossl on
revaluation
Carrying If81rl value at end of year
100
100
'Pleaso spocify additions rèsulting from
acquisitions through business comblnatlons,11
any.
Please note that Faffr Value in thi5 context Is the amount for whieh an asset couldbe exchanged bètween
knowledgeable and willing parties in an arm s length transaction. For traded securilAes. the fair value is the
value of the 5ecurtty quotedon the London Stock Exchange Daily Official List or equivalent For other
assets where there 15 no marketprice on a traded market. it is the trustees. or valuers'best estimate of falr
valuè.
17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row 804
dlfferentlatlng bets¥een thwe hgld at lair value and th058 h*lt1 at cost less ImpalrmènL
Analys1$ of Inve$tm¢nts
Falr value at year end
Cost1•85 5mpalrment
Ca¥h or eash equivalents
Li$¢gd rnvgstments
Investment propertiès
Sottol Inve$tmÈrklS
Other investments
100
rotal
100
Grand total IFalr value at year end+Cogt less Impalimentl
CC178 (Excell
30
1911212025

17.3 If your Charity holds investment properties, please compl8t8 thè following not•:
lil Explain the methods and $lynlfi¢ant
as8umpllon$ In determln¥ng the lair value of
investment property held by the charity
lill Name or independent valuer. il applicable.
and relevant qualifications
liiil Provlde details of any restrlctitsns tsn thè
abillty to realise investment property or on the
remittance of tncome or disposal proceeds
livl Explain any corltractual oblig81ion$ lor the
purchase. constru¢tlon or development of
investment propeTty or for repairs, maintenance
or enhancèments
17.4 Please provide a breakdown of current asset Invostmants. If applicabl8, agrèèlng wlth th•
balancg sheat.
Analysis of currant a$sét
Investments
Thls year
Last y8ar
Cash or cash equivalents
Listed Investments
Investment properties
Social investments
Other Investments
Totsl
17.5 Guarantèes
Please provide details and amount of any
guaranteè made to or on ￿hall of a thlrd party
Name of the entlty or entities bèn&fitting from
those guarantees
Please explain how the guarantee furthern the
charlty's aim5
17.6 Concosslonary loans
Description
Thls ytar£
Last year £
Amount of con¢esslonary loans made Imulrfple
loans madè may bè d15elosèdln aggrtryié pravid8d
thatsuch oggragatlon doas ngrobscur951gnlfvan¢
Informatlonl.
Total
CC17a (Excell
31
1911W2025

Description
Thls year £
Last year£
Amount ol concesslonary loans received (Mulllple
loans rncglvedmay btrdi$¢l0s8dln •99r89•
provldodiharsuch aggregitlon noi obscurn
slqnlllcantlnformatlon).
Total
Terrn¥ and eonditions e9 Interest raie. security
provided
Value ol any conce5sionary loan$ whi¢h have
beèn committed but not taken up at the reporting
date
Amounts payable within 1 year
Amounts payable after more than 1 year
Amounts rècelvable wlthin 1 year
Amounts re¢eivable after moro than 1 year
17.7 Addltlonal infomiation
P18a58 providè Infornlation about the
$19nilicance of investmvnts to th* charity's
flnan¢ial position or perforrnante e9. term$ and
conditions ol loans or the use of hedging to
manage financial risk.
For all Investments measured at fair value. th•
basis lor deterrnining the value. includin9 any
assumptions applied when using a valuation
technique.
Where a ¢harlty or rts gubsidiary has pro¥id•d
financial assets as a fom) of security. the
carrying amount of linancial asset pl¢dged as
Security and the tèrms and ¢onditions relatbng to
its pledge.
CC17a IExcell
1911212025

Section C
Notes to the accounts
Note18
Stocks
Please complete this note if the charity holds any stock items
18.1 Please state the carrying amount of stock and work In progress analysed between activities.
Stock
Donated goods
Work in
progress
For
distribution
For resale
For
distribution
For resale
Charitable actlvlties:
Opening
Added In period
Expensed in period
Impaired
Closing
Other trading activities:
Opening
Added in period
Expensed In period
Impalred
Closing
Other:
Opening
Added In period
Expensed In period
Impalrod
Closlng
Total this year
Total previous year
18.2 Please specify the carrying amount of
any stocks pledged as security for liabilities
CC17a {Excel}
33
1911212025

Section C
Notes to the accounts
(cont)
Note 19
Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors
This year
Last year
Trade debtors
197.0
197.0
Prepayments and accrued income
Other debtors
495.0
354.0
795.0
10,608.0
Total
1,487.0
11,159.0
Complete 19.2 where a material debtor Is recoverable more than a year after the reporting date.
19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above
This year
Last year
Trade debtors
Prepayments and accrued income
Other debtors
Total
CC17a (Excel)
34
1911212025

Section C
Notes to the accounts
(cont)
Note 20
Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due
within one year
This year
Last year
Amounts falling due after
more than one year
This year
Last year
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts
or performance-related grants
Accruals and deferred income
1,158
1,093
Taxation and social security
Other creditors
2,970
1,653
Total
20.2 Deferred income
Please complete this note if the charity has deferred income.
Please ex
lain the reasons wh
income is deferred.
Movement in deferred income account
This year
Last year
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period
CC17a (Excel}
35
1911212025

Section C
Notes to the accounts
{cont)
Note 21 Provisions for liabilities and charges
You should complete this note if you have included in the charity expenditure any provisions. A
provision is made when the charity has a liability of uncertain timing or amount.
21.1 Please provide:
a brief description of any obligations on the
balance sheet and the expected amount and
timing of resulting payments:
an indication of the uncertainties about the
amount or timing of those outflows; and
- the amount of any expected reirnbursement,
stating the amount of any asset that has been
recognised for that oxpected reimbursement.
21.2 Movements in recognised provisions and funding commitment during the period
This year
Last year
Balance at the start of the reporting period
Amounts added in current period
Amounts charged against the provision in the current period
Unused amounts reversed during the period
Balance at the end of the reporting period
21.3 For any funding commitment that is not
recognised as a liability or provision, provide
details of commitment made, the time frame
of that commbtment, any performance-related
conditions and details of how the
commitment will be funded (with contracts
for capital expenditure separately identified)..
21.4 Where unrestricted funds have been
designated to a fund commitment, please
disclose the nature of any amounts
designated and the likely timing of that
expenditure.
CC17a (Excel)
36
1911212025

Section C
Notes to the accounts
(cont)
Note 22 Other disclosures for debtors, creditors and other basic financial instruments
22.1 Please provide information about the
significance of financial instruments (eg.
debtors, creditors, investments etc) to the
charity's financial position or performance,
for example, the terms and conditions of
loans or the use of hedging to manage
financial risk.
22.2 If the charity has provided financial
assets as a form of security, the carrying
amount of the fjnancial assets pledged as
security and the terms and conditions related
to its pledge should be given here.
CC17a (Excel)
37
1911212025

Section C
Notes to the accounts
(cont)
Note 23 Contingent liabilities and contingent assets
23.1 Contingent liabilities
Where the charity has contingent liabilities, please complete the following section unless the
possibility of their existence is remote.
Description of item including its legal nature.
Please describe any security provided in
connection to the liability.
Estimate of financial effect
23.2 Contingent assets
Where the charity has contingent assets. please complete the following section when their
existence is probable
Description of item
Estimate of financial effect
23.3 Other disclosures for contingent assets andlor liabilities
Please provide the following information where practicable".
Explain any uncertainties relating to the
amount or timing of settlement; and the
possibility of any reimbursement
Where it is not practical to make one or more
of these disclosures, please state this fact
CC17a (Excel)
38
1911212025

Section C
Notes to the accounts
(cont)
Note 24 Cash at bank and in hand
This year
Last year
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other
Total
29,780
54,013
CC17a (Excell
39
1911212025

Section C
Notes to the accounts
(cont)
Note 25
Fair value of assets and liabilities
25.1 Please provide details of tho charity's exposure to
credit risk (the risk of incurring a loss due to a debtor not
paying what is owed} , liquidity risk (the risk of not being
able to meet short term financial demandsl and market risk
(the risk that the value of an investment will fall due to
changes in the market) arising from financial instruments
to which the charity is exposed at the end of the reporting
period and explain how the charity manages those risks.
25.2 Please give details of tho amount of change in the fair
value of basic financ5al instruments Idebtors, creditors,
investments (see section 11, FRS102 SORP)) measured at
fair value through the SOFA that is attributable to changes
in credit risk.
CC17a (Excel)
40
1911212025

Section C
Notes to the accounts
(cont)
Note 26
Events after the end of the reporting period
Please complete this note where events (not requirlng adjustment to the accounts) have
occurred after the end of the reporting period but before the accounts are authorised which
relate to conditions that arose after the end of the reporting period.
Please provide detalls of the nature of the event
Provide an estimate of the financial effect of the
event or a statement that such an estimate cannot be
made
CC17a {Excell
41
1911212025

Section C
Notes to the accounts
(conti
Note 27
Chari
funds
27.1 Dotails of material funds held and movements during the CURRENT reportlng period
Please give details olthe movements of material individual funds in the repo￿ng period togethèr with a balancing figure for'other funds'(which should include revaluatlon
reserve and fair Yalue reserve. if appll¢ableJ. The Total funds. figure below should re¢on¢lle to Total funds'in the balance sheeL
' Key.. PE- pernMn•nt endowment funds.. EE- expendable endowmentfunds,. R- rnstricted income lunds. Including special trusts. of the ¢h•rlty.' and U- unrestricted funds
Fund
Fund
balances
balances
brought
¢arrl•d
forward
forward
Tyw PE. EE
RorUR"
Galns and
Ios50S
Purpoye and Rostrl¢tions
Income
Expenditure
Transfers
Fund nam•s
Old Hospilal Projecl
Angling Festival
Minehead E5
lanade Enhancement
To provide opportuniltes for visitors
Develop opportunities lor fishin
indusl
Minehead's Enlerpri51ng Esplanade
Used for Ihe approved community project,
restricted solely lo projecl expenditure
953
953
1.759
57.152
1.759
57,152
National Lottery Community Fund
65.292
51.287
14,005
Somersel Wildlile Twsl
Used lor dimale adaptation vKJrk
Used lo support Ihe Information Cent
For poetry and lestival evenls
To improve the 81D area
1.014
796
217
Somer5el Council- HTAP
7.636,103
6,079
7,630.024
Minehead Town CoLtncil
2,064
5.857
7.122
1,621
4.601
150
443
Minehead 81D
1,256
10.909
Unreslricied Income Fund
3.937
Other funds {b8l•n¢lng flgurn)
Nla
Nla
Total Fundy as p•r balancé shwt
63.801
7.717.452
121.687
7,659,567
Yes.
No.
Fund balances carried forward Include •$sets and liabilities denominat•d In • for•lgn currency
Ifyes. please state the basis on whlch the assets andlorliabililies have been translatedinto si•rling
(or the curyency in which the accounts are drawn up).
CC17a (Excell
42
1911212025

Section C
Notes to the accounts
(cont)
Note 27
Charl
funds
27.2 Details of material funds held and movements during the PREVIOUS reporting period
Please give details of the movements of material indivldual funds in the repo￿.ng period together with a balancing figure for 'Other funds. (which should include
revaluation reseThe and fair value reserve, if applicable). The 'Total funds, figure below should reconcile to 'Total funds. In the balance sheet.
. Key.. PE- pemianent endowment funds.. EE- expendable endowment funds,. R- restrictod income fund$, including special trusts. of the charity.. and U- unrestricted
funds
Fund
balances
brought
fonvard
Fund
balanees
carried
forlvard
Type PE, EE
RorUR"
Purpose and Restrictions
Galns and
losses
Income
Expenditure
Transfers
Fund names
Old Hospital Project
Angling Festival
Unrestricted Income Fund
To provide opportunities for visitors
Develop opportunities for fish industry
953
953
1.759
1,532
109,700
1,759
3,937
S7,152
15,095
40,000
12.690
Minehead Esplannde Enhancement
Minehead's Enterprising Esplanade
92,548
Other funds (balancing figure)
Nla
Nla
Total Funds as per balance sheet
113,944
55,095
105,238
63,801
Yes.
No.
Fund balancos carrled forward Snclud• assèts and Ilabllltl•s denominat¥d In a foreign ¢urren¢y
CC17a {Excell
43
1911212025

Section C
Notes to the accounts
(cont)
Note 27
Charity funds (cont)
27.3 Transfers between funds
Reason for transfer and where endowment is converted to
incorne, legal power for its conversion
Amount
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Be￿een endowment and
unrestricted funds
27.4 Designated funds
Planned use
Purpose of the designation
Amount
CC17a (Excel)
1911212025

S@ctioii C
Notes to the accounts
Icontl
Note 28
Transactions with trustees and related partles
If the clmrity has any transKtlons wlth rélatoulpartlos (other than the tntstee expenses explalnedln guldan¢e notes) detams ofsuch
tr4nsacdons should be pmvlded In thls note. If th¢rn arè no transa¢don$ to report please enter Yyue" In the box or"False° If thorn
are tr*n$actlons to reporL
28.1 Trustee rnmunèration and beneffts
None of thè tru$tsos have been pakl any remunoralk•n or re¢olvod any oth•r boneftts from an omploymont with
theiT charlty or a related entity (True or False)
TRUE
In the pwlod the charftyha$pald tm$to0s romunernuon andbenellts. Please glve the amount of, and kgalouthorlty for, any
remuneratlon orotherbenefits pald lo a (mstee by the charlty orany Instllukn or wnpany connectedwllh 1£
Amounts pald or benefft valuo
Thls
R•dundan¢y
(Includlng
los¥ of
offl¢•y•x
grat
Lastyear
Legal authorlty (eg
orderl govorning
do¢ument)
RomuTr•rntlon
n$lon
contrlbutlon
TOTAL
enwloyment benellts were pald.
provlde an explanatlon of the nature of the payft￿rt.
If a thlrdparty has been rolmbiffSOd forprovldlng ono or
more twstees. stato the naturn off th• payment and
amount olthe relmbutsemenL
are a¢¢rnlng undera dallned contrlbutlonpenslon
schomo.
28.2 Truste8s' expenses
Irtho ¢harltyhas pald trnstses expenses for fuffllllng thelrdutles, detalls of sueh tran$a¢tlon$ should beprovlded In th1$ note. ff
there aro no transxtlons to report pleaso ontor wfruevln th• box below. Ird￿ are tsxnsa¢tlons ¢0 report pleaso ¢nt¢r"False".
No trustso &xp•n$•8 hav8 boan Incurred (Tn￿ or Falae)
Type of expenses relmbursed
Th18 year
Lastyear
CC17• (Excel)
19112r2025

Travol
TrUE
TAUE
Sub$istence
IRUE
TRUE
Accommodatlon
IRUE
IRUE
Other Iploase 8po¢lfy):
IRUE
TrUE
TOTAL
Plea88 provlde the number of Iru8tee8 relmbursed for
expenseg or who had exponges pald by the ¢harlty
28.3 Trnn8actlon(8> wlth related partla8
Please glve d8talls of any transactlon undertaken by (or on behalf 09 the charfty In whkh a relatedparty has a materfal Interes
Includlng where funds have been heldas agent forrelatedpartles. If there are no such transactlonsi plèase etttor Yrne. In the box
provlded.
Thorn havo bgen no relatod party transaGlkin8 in th• roportlng perk•d (True or FalBe)
Amounts
wrltten off
durlng
reportlng
rlod
Name of the trugteo
or related party
Rolationship
to charlty
Degcrfpllon of the
tran3actlon(s)
Balance at
Porlod and
Provlslon for bad
debts at perlod end
Amount
In ral•don to the transactlons above* please provlde the
ternis andeondftlons, Includlng any $6curty and th•
nature of anypayment (¢onslderatlon) to bo provlded In
settlemeft
Forany relatsdparty* please pmvlde detalls olary
guarnntees gfven orrncefved
CC17a (Excel
48
19112R025

Section C
Notes to the accounts
(cont)
Note 29
Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to
provide a proper understanding of the a¢counts. If there is insuiTicient room here, please add a
separate sheet.
CC77a (Excell
47
1911212025