## **COLYTON CHAMBER OF FEOFFEES TRUSTEES REPORT 2024** Historically, from 1546 the local governance of the lands of Colyton were the responsibility of the Feoffees following a successful petition to King Henry VIII to buy back some of the confiscated lands of his cousin Henry Courtenay, Marquis of Exeter. Under the local government Act of 1894, the Chamber of Feoffees responsibilities were superseded by the role of the Parish Council, as it is today. The remit for this current Colyton Chamber of Feoffees is to maintain an awareness of community needs, provide support for local organisations and individuals where required to enable fulfilment of their aspirations. At the same time it is the duty of the Feoffees to maintain its finances for perpetuity. Whilst not being able to always provide full solutions it is our aim to assist as many people as possible During the year income rose from £66,888 to £83,196 an increase of 6,462 (24.3%) whilst expenditure fell from £88,305 to £77158 a fall of £11,147 (12.6%). Over the year the Chambers assets had risen from £706,560 to £712597 In this past year, aid totalling over £7,800 has been given to various good causes. Over £2,000 was given to local families with children suffering with serious illness. In addition donation was made to 2 parishioners to assist them with meeting the cost for the London Marathon to enable them to raise funds for the national dementia charity Donations were given to the Primary and Grammar Schools and further assistance was provided to Colyton Link Individual application by a young adult Parishioner to help fund their proposed overseas life experiences was succesful. Colyton Allotment Society was provided with funds towards the purchase of a shed to facilitate meetings Assistance was again provided to the Christmas street illuminations which continue to impress visitors and always puts Colyton in a good light. A donation awas made to the Parochial Church Council to assist the purchase of bug hotels to help the local environment Funds were provided to the Parish Council to assist with the cost of barriers at the playing field Property belonging to the Chamber continues to provide an income stream which is predominantly invested in the Charitable Organisations Investment Fund and is administered by Churches, Charities and Local Authorities Investment Management. Optimistically, a return on investments enable the Chamber of Feoffees to perpetually fund prospective activities. The Town Hall, available for public hire is rapidly approaching its centenary in 2027 and continues to throw up ongoing and unexpected issues which an aged building is likely to do. Whilst no significant repairs have been carried out during the last year plans are currently afoot to improve audio systems to help other local organisations make the most of the hall In conclusion, the Colyton Chamber of Feoffees continues to evolve, . stay relevant and adapt to todays expectations Profit and Loss Colyton Chamber of Feoffees Forthe yearended 31 December 2024 2024 Turnover Banquet Sales Book Sales 3.137.00 35.40 C Hammett Rent 1,072.50 Colyton Parish Council Rent Coombe Cottage Rent Fishing Rights Investment Incotne 1,500.00 9,905.92 120.00 19,327.86 Other Revenue 722.10 Rent S Dean 260.00 Shop Rent Slades Close Rent 15.000.00 573.00 St Johns Garage Rent Table Hire 3.600.00 16.00 Town Hall Cottage Town Hall Hire 8.760.00 9,283.87 wayleave Total Turnover 36.52 73.350.17 Gross Profit 73,350.17 Administrative Costs Advert15ing& Marketing Agent Fees Audit & Accountancy fees Bailiff Honorarium 25.00 2.128.67 370.00 2.500.00 Bank Fees 186.92 Banquet Costs 3,756.11 Caretaker Wages Cleaning Donations 12,792.64 148.26 5,870.00 Employers National Insurance Grosvenor Donation 265.40 1,944.76 Insurance 6,423.23 Legal Expenses Light, Power, Heating Pensions Costs 610.10 13,414.45 362.91 Poppy Wreath Printing& Stationery ProfitlL055 On Investments Repairs & Maintenance Telephone & Internet 27.50 404.93 14,735.32 6.461.87 1,004.75 Profit and Loss Colyton Chamberof Feoffees 23 Apr2026 P3ge l of2 Profit and Loss 2024 Town Crier Costs 497.63 Web Site and IT 3,228.00 Total Administrative Costs 77.158.45 Operating Profit 13.808.281 Other Income st Johns Fund 9,845.81 Total Other Income 9,845.81 Profit on OrdinaryActivitie5 Before Taxation 6,037.53 Profit afterTaxation 6.037.53 Profit and Loss Colyton Chamberof Feoffees 23 Apr2026 P3ge 2 of2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Colyton Chamber of Feoffees On accounts for the year ended 31 December 2024 Charity no (if any) 1169081 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 3111212024. Responslbilitles and basls of report As the charity's trustees, you are responsible for the p￿paratIOn of the accounts in accordan￿ with the requirements of the Charities Act 2011 ('the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Indopondent I have completed my examination. I confinn that no material matters have •xaMinoVs-Stat•mont-com&.to.my attention.in.eonnection with the examination whiclrglV6S-m'è ' cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the w0￿S in the brackets if they do not apply. Signed: Date: OZ10412026 Name: Joanne Orsman Relevant professlonal qualification(s) or body (if any): FCCA Address: 5 Burnards Close Colyton IER Oct 2018