Polperro Environmental Group
Charity Number 1160569
Annual Report to its Members for the year ended 30[th] June 2025
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 6.5 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 met and approved the Financial Statements and Annual Report on 5th April 2025.
Finance
There was an excess of Expenditure over Income during the financial the year all of which is due to the depreciation of the allotments and site preparation. There was a small excess of Income over Expenditure prior to this charge. We account for income from allotment subscriptions pro-rata over the period of the subscription. Annual subscriptions renew on 1[st] April.
Trustees
Chris Jelly retired as a trustee on rotation as required by the Constitution. She was re-appointed by a unanimous vote at the AGM.
Polperro Environmental Group (PEG) Registered Charity No. 1160569
Statement of Financial Activities 30th June 2025
Income and Expenditure Account for the Year Ended 30th June 2025
| 2025 £ Income Members' Donations 48.00 Donations and Grants from Local Authorities 0.00 Rent from Allotment Holders 607.50 Total Income 655.50 Expenditure National Allotment Association Annual Membership 37.00 Kellow Hill Rent 100.00 Allotment Maintenance 0.00 Brackenside Rent 50.00 Insurance 392.46 Depreciation 1,206.00 Total Expenditure 1,785.46 Excess of Expenditure over Income for the year -1,129.96 Balance Sheet as at 30th June 2025 £ £ Fixed Assets Tangible Assets - Allotments preparation 8,630.00 Current Assets Debtors and Prepayments 199.89 Cash at Bank 5,815.83 Petty Cash 146.45 6,162.17 less Creditors, accruals and deferred income 405.00 Net Current Assets 5,757.17 14,387.17 General Fund Balance as at 1st July 2024 15,517.13 Excess of Expenditure over Income for the year -1,129.96 Balance as at 30th June 2025 14,387.17 2025 |
2024 £ 48.00 0.00 671.50 719.50 47.00 100.00 90.00 50.00 406.85 1,142.00 1,835.85 -1,116.35 £ £ 9,836.00 396.18 5,635.00 122.45 6,153.63 472.50 5,681.13 15,517.13 16,633.48 -1,116.35 15,517.13 2024 |
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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: 5th April 2025