## **Polperro Environmental Group** ## **Charity Number 1160569** ## **Annual Report to its Members for the year ended 30[th] June 2023** ## **Community Allotments** We are delighted to confirm the Community Allotments at Kellow Hill became operational with effect from 1[st] July 2022. There is now a thriving community growing fresh produce just a short walk from the village centre. Work has continued to improve access and the overall layout of the site. ## **Meetings** The majority of meetings were held online via ‘Zoom’. The trustees approved the Financial Statements and Annual Report on 22[nd] April 2024. ## **Finance** PEG made a financial profit during the year. We account for income from allotment subscriptions pro-rata over the period of the subscription. Annual subscriptions renew on 1[st] April. ## **Polperro Environmental Group (PEG) Registered Charity No. 1160569** ## **Statement of Financial Activities 30th June 2023** ## **Income and Expenditure Account for the Year Ended 30th June 2023** |2023
£
Income
Members' Donations
24.00
Donations and Grants from Local Authorities
5,000.00
Rent from Allotment Holders
426.00
Total Income
5,450.00
Expenditure
National Allotment Association Annual Membership
36.00
Kellow Hill Rent
100.00
Brackenside Rent
50.00
Insurance
406.06
Legal Fees
300.00
Depreciation
1,086.00
Total Expenditure
1,978.06
Excess of Income over Expenditure for the year
3,471.94
**Balance Sheet as at 30th June 2023**
£
£
Fixed Assets
Tangible Assets - Allotments preparation
9,778.00
Current Assets
Debtors and Prepayments
209.90
Cash at Bank
6,952.13
Petty Cash
98.45
7,260.48
less Creditors, accruals and deferred income
405.00
Net Current Assets
6,855.48
16,633.48
**General Fund**
Balance as at 1st July 2022
13,161.54
Excess of Income over Expenditure for the year
3,471.94
Balance as at 30th June 2023
16,633.48
2023|2022
£
54.00
0.00
0.00
54.00
30.00
89.40
50.00
404.07
0.00
0.00
573.47
-519.47
£
£
7,816.00
206.11
5,040.98
98.45
5,345.54
0.00
5,345.54
13,161.54
13,681.01
-519.47
13,161.54
2022| |---|---| ## Notes - 1 PEG registered as a Charitable Incorporated Organisation on 20th February 2015. - 2 These financial statements will form the basis of PEG's Annual Submission to the Charity Commissioners subject to exceeding minimum filing requirements and are presented for approval by the Trustees on behalf of the members. - 3 The Financial Statements are exempt from audit under The Charities Act 2011. ## APPROVED Trustee: Adrian Gibson Trustee: Mike Jelly Date: 22nd April 2023