PINCHES T
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their report with the fmancial statements of the charity for the year ended 31 March 2025. The trnstees
have adopted the provisions of Accounting and Reporting by Charities: Stsiement ol Recommended Practice applicable to
charities preparing their accounts in accordance with the Finan¢Éal Reporting Stsndard applicable in the UK and Republic
of Ireland (FRS 102).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document and is registered as a charitable incorporated organisation. The
organisalion was fornied on 2 1st September 2016.
Organisational Structure
The Board of Trustees is made up of the Trustees named on page 2 who meet regularly along with the Trnsl Secretary to
decide the stral¢gic direction and policies of the charity. The day-to-day responsibility for organising the charitable events
and activities are carried out by the TNst Secretary.
Recruitment of Trustees
Trnslees are appointed lo the board by majority vote. Where a vacancy arises Candidates are selected based upon the skills
that they possess in order lo meet the needs of the organisation.
Risk Management
The Trn.stees regularly monitor the level of charitable reserves and funding. along with other key areas such as staff and
volunteers, levels 10 ensure they provide sU￿1¢ient resources io meet the charity'5 current and longer terni objectives. The
TNstees consider that they have adequate systems and procedures in place lo continue operating in the event of adverse
ondilions. The Trustees have a duty to review the risks to which the charity is exwsed and io ensure appropriate controls
are in place to provide reasonable assurance against fraud and error. The trustees adopt a risk adN'erse approach in all areas.
CHARITABLE 0￿EcTIVEs AND ACTIVITIES
The objects of the CIO are as follows:.
(i)
The relief of poverty, sickness and distress of people living in the UK.
{ii}
Provision of facilities and activilies in the interests of health, welfare, development or recreation of individuals
who would benefit from 5u¢h facilities and activities with the object of improving their quality of life.
(iii)
To act as a resource for communiiies. by provision of a retreat and activity programmes which promote physical,
mental and spiritual development.
During the year tbe charity ¢olliinued to develop the infrastructure, LM)th physical and operational, in order to further achieve
its objects.
FINANCIAL REVIEW
The charity is fmanced by donations from the public and businesses. During the year both monetary donations and donations
in the fomi of property and goodslservices were received by the Charity.
Summary of the year
Durtng the period the Charity Made a surplus of £130,274 for the period (2024 sU￿lUS £35,724).
Investment Poivers
The Board of Trustees is authorised to make and hold investments using the general funds of the charity. but no such
investments are presenily held.
Future Developments
Moving forwards the Chaity aims to develop its services further and assist more members of the local community.
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PLN
REPORT OF THE TRUSTEES (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reserves Policy
It is the policy of the charity lo maintain free reserves at a level which equate to approximately 3 months unrestricted
expenditure. This provides funds to cover management and athninistration and support costs. The Trustees are delighted
to have achieved this goal witbin this fmancial year and will continue to work io ensure the sustainability of the organisation.
Public benefit
In shaping our objectives for the year and planning our activities the I￿SteeS have considered the Charity Commissions
guidance on public benefit.
On behalf of the Trnstees
P.R. Scott
Date:
9/912(-
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PINCHES TRUST CIO
STATEIIENT OF FIYI ANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 ￿lARCH 2025
Total
2025
Total
2024
Notes Unrestricted
Restricted
INCOME AND EXPENDITURE
INCOMING RESOURCES
Trading income
Donations
Property donation
Donations in kind
5,606
112.459
150,000
370,438
5,606
112.459
150,000
370.438
2.000
157,450
Total Income
638,503
638.503
159,450
RESOURCES EXPENDED
Charitable expenditure
Cost of activities in furtherdnce
of the charity's objects
(508,229)
(508,229) (123,726)
Total expenditure
(508,229)
(508,229} (123,726)
Net surplus for the year before transfers
130.274
130,274
35.724
Net movement in funds
Funds brought forward
104.046
104,046
68.322
Funds carried forward
£234,320
£234,320
£104,046
The notes on pages 9 to 12 forni part of these financial statements.
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INDEPENDENT EXA1￿lINER's REPORT TO T
FOR THE YEAR ENDED 31 I￿lARCH 2025
I report to the trustees on my examiThation of the accounts of Pinches Tn￿1 CIO (the T￿$t) for the year ended 31 March
2025.
Responsibilities and basis of report
As the charity trustees of the Ttust you are responsible for the preparation of the accounts in accordance with the
requirements of the Chariiies Aci 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 carrying
out my examination I have followed all the applicable Directions given by the Charity Commission under section
145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confm thai no material matters have come to my attention in connection with the
examination giving me cause lo believe that in any material respect..
l. Accounting records were not kept in respect of the Trust as required by section 130 of the Act. or
2. The ac¢ounts do not accord with those records.
3.The accounts did not comply with the applicable requirements ¢oncerning the fomi and content of accounts set out in
the Charities {Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fair,
view which is not a matter Considered as part of an independeni examination.
I have no concerns and have come a¢ross no other matters in cormection with the examination (o which attention should
be drawn in this report in order to enable a proper understhnding of the accounts io be reached.
S G Duker FCA
Fredericks Limited
Chartered Accountants
106 Charter Avenue
Ilford, Essex
IG2 7AD
Date
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