Polperro Environmental Group
Charity Number 1160569
Annual Report to its Members for the year ended 30[th] June 2024
Community Allotments
The Community Allotments at Kellow Hill which became operational with effect from 1[st] July 2022 are now the central focus for PEG with an average of 7.5 of the 8.5 allotments let during the year. There is a thriving community growing fresh produce just a short walk from the village centre.
Meetings
The majority of meetings were held online via ‘Zoom’. The trustees approved the Financial Statements and Annual Report on 21st April 2024.
Finance
There was an excess of Expenditure over Income during the financial the year. We account for income from allotment subscriptions pro-rata over the period of the subscription. Annual subscriptions renew on 1[st] April.
Trustees
Mike Jelly retired as a trustee on rotation as required by the Constitution. He was re-appointed by a unanimous vote at the AGM.
Polperro Environmental Group (PEG) Registered Charity No. 1160569
Statement of Financial Activities 30th June 2024
Income and Expenditure Account for the Year Ended 30th June 2024
| 2024 £ Income Members' Donations 48.00 Donations and Grants from Local Authorities 0.00 Rent from Allotment Holders 671.50 Total Income 719.50 Expenditure National Allotment Association Annual Membership 47.00 Kellow Hill Rent 100.00 Allotment Maintenance 90.00 Brackenside Rent 50.00 Insurance 406.85 Legal Fees 0.00 Depreciation 1,142.00 Total Expenditure 1,835.85 Excess of Expenditure over Income for the year -1,116.35 Balance Sheet as at 30th June 2024 £ £ Fixed Assets Tangible Assets - Allotments preparation 9,836.00 Current Assets Debtors and Prepayments 396.18 Cash at Bank 5,635.00 Petty Cash 122.45 6,153.63 less Creditors, accruals and deferred income 472.50 Net Current Assets 5,681.13 15,517.13 General Fund Balance as at 1st July 2023 16,633.48 Excess of Expenditure over Income for the year -1,116.35 Balance as at 30th June 2024 15,517.13 2024 |
2023 £ 24.00 5,000.00 426.00 5,450.00 36.00 100.00 0.00 50.00 406.06 300.00 1,086.00 1,978.06 3,471.94 £ £ 9,778.00 209.90 6,952.13 98.45 7,260.48 405.00 6,855.48 16,633.48 13,161.54 3,471.94 16,633.48 2023 |
|---|---|
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: 21st April 2025