Westridge Trust- Trustees. Annual Report 2023/24 Reference and Administration Details: Name.. Westridge Tru.st Address: Westridge Studio, Andover Road. Highclere, Newbury, Berkshire RG20 Registered Charity Number- 1169481 Nameb of the charity trustCCS who tnanage the charity: Michael York (Chairmdn) sally17.ett Michael lenkins Angela Tiley Structure, governance and management: Westridge Trust is a Charitable Incorporated Organisatinn Fii-st registered 04 October 2016. The threo original trustees were appuinted by the Highclere Parish Council to lead the neNv tru8t in its initial phase. The trustees have re.sponbibility tor the appoinlment uf further trustec.%. These appointment.s will be fur a period ot 3 years and will be Inade at a pruperly convened mceting of the charity trusteLS. The uriginal trustee.s wcrc appoi nted for the following terms: Sally Izett 4 years Michael York 3 years Michael jenkins 2 years Angela Tiley was appointed from September 4 2017 following a decision made by I"rustees at a meeting lield on luly.Bl 2017. Mrs Tiley is the Responsible Financial Officei. (RFO) for Lhe We5tridge Trust. Mr Jenkins was reappointed, at a meeting of Tru.gtee% far a fu rther tv0 years. All Trustees have agreed to continue their period of service. It hds been ditticult to attract voluntary help/5upport for tho Studio this year. as in previoub years, but we are consta11tly attempring to persuade local volunteL)r5 to join us. In 2023/4 meetings were structured as tollows: In this period the Management Group met on fvur occasions (January. May, September and twice in November) and we continued the policy of meeiing Ehree or tour times a year with special evenis or projeLts requirina.subgroups to meet and then report back to the full committee. I must emphdsize aGain the amazing work of this dedicated group ot voluntcers who have worked tirelessly to tnake this prnject work. Fund raising activities have Lontinued an a small scale. Ive have received urant funding from the Parish CounLiI for targeted. e.s.%Lntial projects but our real
uccess wa) a bJI'aiiL li-ujii Llie IJ li bioverii iii L)l)I's ' IJ Ik Shdred I'rosperiry fu nd,
adminibtered by, and suppurted by, Basing¥stoki¥ and Deane Council. This grant was tor ju%t over £13,000. The fifth Arm is scheduled for Thursday 2 IstNovembcr, 2024. Objectives and Activities: The charitable objects: To promote the Art5 and to advance education in the ai.ts for Ihe public benefit in particular but not exclusively at the premisLs known as Westridge Studio for the benetit ot resid¥nis in the civil parish of HighLlere and the ne'ighbouring area. To provide facil ities in the IntL)rests of Social Weltrare For Education, RL)creation and uLher leisure time OCCUPdtions at the said premises with the aim of improving the Londiiion5 Ot lite (including the good health and well-bLing) ot rhose residents in the arL'a ot benefiL In turthL'rance nt. the objects of the chariLy to associate together with the IoLal residcnts, v()luntary organi/alion5 and local authorities with the aim to maintain and manage thL' prerniSQS as an Arts, Educational and Recreational facility fur the public benetrit without distinction ot (yender, se.xu31 orientation, race, age, disability or politiLal, religious or other opinions. To promote such other charitable purpn.ses (charitable under English Law) as Ihe trustees may. ti'orn time to tilTJe deem appropriate. 2023/24 has been another challengiiirF year fnr the Studio. Our aim wa5 to build un the sucLe%sfrul w()rk of last year and maintJin our u.ser base. We have, thanks to our Bookings Mandger, been very SULLesstul and we have continued ro operate in profit. However, the main challenoe ha5 been maintaining that level ot bookings in the tace of a 'Cost of Living Crisis, whei'e our running costs have risen signiticantly. We took the decision to raise our rates last year to cover our operaLina costs. Thanks 10 the hard work ot the committee. the support from the community has continued to gruw. We are nOV in a situation where our riinge ot activitie5 has expanded, and we continue to nieet our origindl objectives and opei'ate ()n a sound t'inancial tooting. Following our successful 'Ofticial' OPL'ning Idsl year thc Studio has continued to grOV and beLome bvell L)Stabli5hed ivithin our c¢)mmunity. One area that Lontinued to frustrare us wa£ our relatively poor outside facilities. Plans were drawn up to improve this and Lhe search beoan to hnd ways of funding our plan. Thanks t() one ot our Trustees. Sally Izett, we were able to secure a grant from the IJK 5hdred Prosperity Fu nd which was supparted by our Local tluthurity, Bd5inastoke and DeanL'. This grant. added to supp()rr trom Lhe Parish Council and Vdrii)us other small grants hds allowed US to put into aLtion a significant part of uur plan tu impi'ovo Pi.Irkin& l.'In(Js¢.ape tho site. er(N(:t iniproved sixnane and
LFenerall! present a much more posirive iinaae to rhe community. The addiricin ot Disabled Parliing is a major breal<Lhruuryh. Work beuins on this project shortly atter the AGM. The Business plan needs to be updated/reviewed this year. Our priority has been to grow the service. inipruve e.Kternal t'acilities and consolidate our financial position. I"hiS we have achieved. 1.he Studio is currently availablc tor rental purposes and is being marketed via the website and various other channels. Potential Llient groups are being contacted and encouraged to use rhe facility, Achievements and Performance= It ha.s been, once again, a very Challengin year for anyone involved in Community Education. We have, J5 Stated abuve, managed to consolidate dnd grow the projeLL. We have high hopes tor 2024/251 Financial Information: Financial information, inLluding thL policy on re5eiveb. 1% currently available in the Westridge Trnst Financial Reoulations Document. Michael York Lhairman 2S November, 2024
WESTRIDGE TRUST CHARITY NUMBER 1169481 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
WESTRIDGE TRUST CHARifi NUMBER 1169481 RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 UNRESTRICTED FUNDS 2024 2024 2024 General fund Fabric fund ToLIl funds TOTAL FUNDS 2023 RECEIPTS Donations rccclved Granls Fundraising cvenls Rental incomc 327 707 1.125 11,840 375 327 707 1.125 11,840 375 135 1,265 11,115 Interesi Total receipls 14,374 14,374 13,579 PAYMENTS Bank char8es Broadband char8es Cleaning Gardening Insurance Othcr professional fees Light & heat Loan repAyment Repairs & mainienance Sofiware Studio equlpment Subscriprion5 Water fatC5 107 620 1.955 1,362 1.602 107 620 1,955 1,362 1,602 103 575 1,688 1,065 1,415 1,172 1.172 2.000 2,468 144 300 35 427 740 2.000 1,347 144 1,112 55 73 2,0 2.468 144 300 35 427 10,192 12.192 10,323 AsSQt purchiises AdditSons lo land and buildings Total paymcnts 10,192 2.000 12.192 10,323 Excess of receiprs over payments 4.182 12.0001 2,182 3,256 Cash funds at l April 2023 2S.CKIO 11,336 36,336 35,080 Transfers between funds 14.182} 4,182 Cash funds at 31 March 2024 £25,000 113.518 E38.518 £36,336 Page I
WE5TRIDGE TRUST CHARITY NUMBER 1169481 STATEMENT OF ASSETS ANO LIABILITIES AS AT 31 MARCH 2024 Uftresiricted Re5tTiCted funds funds Total Total funds 2024 fuDd5 2024 2024 2023 Assets retalned for the charity'5 own use Land and buildinRS- C05t brought forward Capltal additions in the period Totsl flxed assets 342.228 342,228 342,228 342.228 342.228 342,228 Unfestrkted funds Fabric lund Total unrtstrkted Totsl unfestrleted General fuAd funds fun05 2024 2024 2024 iOZ3 Cash funds Current account Deposit account 2.087 30,431 2.087 36,431 1.779 34.557 6,000 Total cash funds 32.518 6,000 38,518 36.336 Current liabilltles UnsccurL.d loan 16,0(X)I 16,0001 18,000} Net current assets 32.518 32,518 28.336 Net assets £374.746 £370,564 Represented bv: Restrictcd fund Fabrlc f und lunrestrictcd} General fund lunrestricted) 342.228 7,518 25,lJ)O 342,228 3,336 25,000 £374.746 £370.564 Si8ned on behalf of the trustee5: Mlchael York Date: 11 g. ILk Ill Ange13 Tilev Oate: 12.q.2 Page 2 Af
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinefs Report Report to the trusteesl I members of WÉ£TLIC)QG TRv)T On accounts for the year ended Charity no lif any) 31 MAILCH 102* 116gL+PI Set out on pages I report to the Irustees on my examination of the accounts of the above charity ('the Trust") for the year ended Responsibilities and As the charty trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act ). I report in respect of my examination of the Trust's accounts caffied out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Chanty Commission under section 145{5)(b) of the Act. I have completed my examination. I confirm that no material matter5 have come to my attention { "} in connection with the examination which gives me cause to believe that in, any material respect. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounling records Independent examiner's statement I have no concerns and have come across no other matter5 in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Date: Signed: lo Name: N.L.c. £fE.tyici.L Relevant professional qualificationls) or body lif any): Fc.4. Address: FbukniwJ K ithl IER October 2018
Section Disclosure Only complete If the examiner needs to highlight matters of concern (see CC32. Independent examination of chanty accounts.. directions and guidance for examiners) Give here brief detsils of any items that the examiner wishes to disclose IER October 2018