Stradbroke Trust – Annual Report May 2023 to April 2024
Another successful year at the allotments with all plots let.
The management of the orchard area has presented a few challenges in respect of cutting the grass in the autumn rather than late winter/early spring. The weather was against us creating additional effort by Matthew Hammond to get the work done, however, since then allotment group have got on with pruning the fruit trees and we look forward to a good harvest this year.
The new wild flower meadow was a picture last spring and the new woodland is also growing well. Thanks to a lot of hard work by trustees and the loan of two machines we were able to cut the meadow ourselves this year. The woodland area, however, was too much of a challenge and this had to be done by Matthew Hammond. Although his charges are very reasonable we were able to save approximately £200.
This coming year will be the last for 3 of the original CIO trustees (Jane, Peter and Roger) as they need to step down under the terms of our constitution – they can return after a year’s absence! We must give more thought and effort to finding new volunteers to keep the trust flourishing.
Finally, my thanks to all trustees for continuing their support throughout the year. Last year I wrote that I would be standing down but still I’m in the chair. I will not attempt a forecast this time.
Roger Turkington Chairman
Stradbroke Trust CIO - 1165750
Accounts 1 May 2023 to 30 April 2024
Year to 30 April 2024
Year to 30 April 2023
Income
| Allotment Rents | 1,437.50 | 1,445.00 | ||
|---|---|---|---|---|
| UK Power Networks wayleave payments | 118.77 | 118.77 | ||
| Hedge cutting | 85.00 | |||
| Wild flower meadow cutting | 96.25 | |||
| Stradbroke All Stars | 2,160.48 | |||
| Total | 3,813.00 | 1,648.77 | ||
| Expenditure | ||||
| Grass cutting | 175.00 | |||
| Hedge cutting | 400.00 | 350.00 | ||
| Path cutting | 30.00 | |||
| Oak trees/wildflower seed – community wood | 294.22 | |||
| Wild flower meadow cutting | 437.50 | |||
| Road planings | 105.00 | |||
| Signage | 42.96 | |||
| Miscellaneous | 9.00 | |||
| Insurance | 168.00 | 168.00 | ||
| Bank charges | 15.00 | |||
| Total Expenditure | 1,162.46 | 1,032.22 | ||
| Surplus income over expenditure | 2,650.54 | 616.55 | ||
| Balance Sheet as at 30 April 2024 | ||||
| Fixed Assets | ||||
| The Village Gardens (Drapers Hill) | ||||
| Transfered from Stradbroke Charitable Trust at book | ||||
| value. Completed on 30 December 2019 | ||||
| 52,365.97 | 52,365.97 | |||
| Current Assets | ||||
| Bank current account | 7,251.23 | 9,600.69 | ||
| United Trust Account | 5,000.00 | |||
| Total Assets | 64,617.20 | 61,966.66 | ||
| Current Liabilities | 0.00 | 0.00 | ||
| Net Assets | 64,617.20 | 61,966.66 | ||
| Financed by: | ||||
| Balance bt/fwd | 61,966.66 | |||
| Surpus income over expenditure | 2,650.54 | |||
| Total | 64,617.20 |