## **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