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2025-06-30-accounts

ANNUAL REPORT OF THE TRUSTEES OF THE RINGSTEAD PROTECTION SOCIETY (Reg. No. 1173438)

FOR THE YEAR TO 30 JUNE 2025

CHARITY OBJECTIVE

The purpose of the charity is given below.

“The objects of the CIO are to protect, preserve and improve for the benefit of the residents and general public the area and surrounds of Ringstead and its Bay, to provide for enjoyment of it, to encourage appreciation of the tranquillity of the area and to care for its undeveloped character and for these purposes, but not otherwise, the CIO shall: -

  1. inform and educate public opinion in order to ensure the promotion of the aforesaid objects;

  2. make representations at public enquiries, consultations or similar or in such other ways as shall from time to time appear appropriate; and

  3. take such other lawful action as shall be calculated to promote the aforesaid objects, and to consult and/or co-operate with any bodies or individuals concerned in the advancement of the objects of the CIO.”

CHARITY PROCESS

The Trustees consider that the majority of its objects are best achieved through gentle persuasion, discourse and influence on local councillors, landowners, residents and visitors.

CHARITY ACTIVITIES IN THE PERIOD FROM 1 JULY 2024 TO 30 JUNE 2025

The charity came into existence on 15 June 2017 when the Charity Commission registered the society with number 1173438. This report is for the society’s sixth year.

  1. In terms of subscriptions, membership has decreased to 90 active subscriptions (last year 96 active subscriptions).

  2. The CIO has defined family membership as 2 adults and 2 children aged between 16 and 25. Counting all the names we had 152 members during the year (last year 164 names).

  3. There were 8 “child members” as at 30/06/2025 (the end of the year) 3 of whom have been invited to become a full member as they were aged 25+ as of 01/07/25.

The Trustees have carried out the following activities that contribute to the Society’s objects:

  1. Discussions within the General Committee about planning applications and related contact with Dorset Council. Planning applications considered by the General Committee included:

  2. New pop-up campsite operating under permitted development: The General Committee resolved to oppose this and an objection was submitted on behalf

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of the RPS. This application was granted by Dorset Council on resubmission and has been operating during 2025.

FINANCIAL REVIEW

The main source of income that the charity receives is subscription contributions from its members. Membership is £5 per family or individual per year. Contributions were received during the year totalling £445 this year. Secondary sources of income are: -

The society has no assets other than cash and the Society’s policy is to hold that cash with reputable institutions. As of the end of this year the cash is invested in a savings account, with the Redwood Bank (“Redwood”) and a current account with Lloyds. The Redwood account is a 95 day notice account. Funds can be recovered from the Redwood account with no notice but an interest penalty would then be applied.

As of the financial year end of 30 June 2025 the Society has funds of £14,733 of which £13,818 was held in the savings account, £551 in the current account, £93 due from HMRC as gift aid reclaim for the 24-25 year membership fees and £271 as accrued interest in the Redwood account (the actual interest is credited annually on 16 December).

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Society is a Charitable Incorporated Organisation (“CIO”) governed by its rules and registered with the Charity Commission. The Society’s rules include the Society’s objects given above. The Society is known as the Ringstead Protection Society and uses no other name.

The Society has 6 Trustees and 3 officers being the Chairman, Secretary and Treasurer. The make-up is as follows:

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Trustee and Chairman Nigel Williams Trustee and Secretary Lucy Kirkpatrick Trustee and Treasurer Tim Pratelli Trustee Vicky Banham Trustee Louise Scott Trustee Simon Walker

The principal office of the Society is: Sea Barn Farm, Holworth, Dorset DT2 8NJ.

The operation of the Society’s Lloyds Bank account requires 2 signatures for all transactions whether made by paper cheque or by electronic activity using the Lloyds online banking system. The operation of the Redwood Bank account is on line or by letter. In addition, the Redwood account is set up in such a way that all repayments of the savings (and any payments into the account) must be to(/from) the Society’s nominated account, which is with Lloyds and that requires 2 signatories for all transactions. The bank signatories are Nigel Williams, Chairman; Lucy Kirkpatrick, Trustee and Secretary; and Tim Pratelli, Trustee and Treasurer.

OTHER MATTERS

The Trustees confirm that: -

  1. The financial statements have been independently examined by Rupert Edwards FCA. Rupert has certified that the accounts are in accordance with the notes and records of the society.

  2. No payments have been made to any Trustees or to members other than reimbursement of expenses of £94.44 to Nigel Williams for direct expenses incurred by him on behalf of the Society.

  3. There are no off-balance sheet items in the Society’s affairs or accounts.

  4. No person or body holds any mortgage, lien or charge over the Society’s assets.

The Trustees declare they have approved the trustees report above.

Signed on behalf of the charity’s Trustees

NDB Williams

Name Nigel Williams Position Chairman & Trustee Date 14 August 2025

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Gy FOR ENGLAND AND WALES Annual accounts for theperiod
3.) CHARITY COMMISSION RINGSTEAD PROTECTIONPeriod start date SOCIETY01-Jul-24 To ———ePopo ord date 30-Jun-25
Section A Statement of financial activities
$
2
8 Restricted
Recommended categories by 2 Unrestricted income Endowment Prior year
activity 8 funds funds funds Total funds funds
£ £ £ £ £z
Incoming resources (Note 3) FO1 FO2 FO3 F04 F05
Income and endowments from:
anda of «s[- | - | 5 —«5t5 |
Other trading activities ssf - | - | - | - J - |
Investments sa{—s02t | CTC [ODT]
OtherTotal Gift aid so{3T1089 |
CeO el es a oe ae
Resources expended (Note 6)
Expenditure on:
Raising funds ee
Chavitable activities so{ 738] - | | 788 | 148 |
Otter sof
Total COM Ne Cue) ee ee ey eee oe
gains/(losses)Net income/(expenditure) before investment $13 #2322 Saw322 e
Nat gil osss) onrvs swf - |. | - | - ‘| -_~—+|
Net income/(expenditure) Te eTey
Extraordinary items sef - [| = |TT
Transfers between funds sv] |
Other recognised gains/(losses):
candle cnentsindhaimactrtecmnvsomes swt | | | | |
Other gainsi(losses) so {eT
Net movement
in funds i ea | Oy ay
TotalTotalfunds brought forward sat {4 ait |tt13.465 |
funds carried forward ex (EOLA 73S | ae tarane aan]
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§
b
oS3 Restricted
i} Unrestrictedfunds incomefunds Endowmentfunds Totalyear this Totalyear last
£ £ £ £ £
Fixed assets FO1 FO2 FO3 FO4 FO5
TangibleIntangible assets (Note 15) pr | - |CC“SCdTSC:C‘ ST C”d
Heritage assets (Note 14) a a es es
assets (Note 16) a a ee a Se
Investments (Note 17) a a
Current assets Total fixedassets os [| - | = - | - | CT -
Stocks (Note 18) os {| - |
Debtors (Note 19) ev | zea] | |e |
Investments (Note 17.4) a es
Cash at bank and in hand (Note 24) B09 14369 -f - 4] 14,369 14.155
Total current assets 810 14.783) ee aes| 14,733
one year (Note 20) B11 110
Net current assets/(liabilities) 812 HATS OPES.| 44733
Total assets less current liabilities 513 SASS ia | | Be 145983
Creditors: amounts falling due after one
year (Note 20) B14
Provisions for liabilities a a a ee
Total net assets or liabilities B16 14,733 ce Flee 14,733 14.411
Funds of the Charity
Endowment funds (Note 27) B17 - | ? |
Restricted income funds (Note 27) B18 P| 4 PL
Unrestricted funds B19 14,733 - 14,733 14.411
Revaluation reserve B20 - PF
Total funds 821 Oe) i Sa eer 14.411
Signed by one or two trustees on behalf of all Date of
the trustees Signature Print Name approval
=
oe dd/mm/yyyy
| ETn S [tim eeares | 2/8/25
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Independent Examiner's Report to the Trustees of Ringstead Protection Society

| report to the charity trustees on my examination of the accounts of the charity for the year ended 30 June 2025 which are set out on sections A to C

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under

Independent examiner's statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do 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.

| have no concerns 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.

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Signed ard Wy Qs2 7
R.J.A.Edwahdg/FCA ios Augwh
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Section C

Notes to the accounts

Note 1 _ Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing * and with* v their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of !reland (FRS 102) issued on 16 July 2014 * “ue the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS and with with v 102)

The charity constitutes a public benefit entity as defined by FRS 102.*

Yes

* -Tick as appropnate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concem, please provide the following details or state "Not applicable", if appropriate: Not applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note{ 1 }.

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No" ||
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ee

1.4 Changes to accounting estimates

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No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
bicadl * -Tick as appropriate
No /
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1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes | No * -Tick as appropriate eee

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Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charly except for those lloked "No” or "N/a". Where a different
or additional policy has been adopted then this is detailed in (he box below
Recognition of income These are included In the Statement of Financial Activities (SOFA) when:
° the chanly becomes entitled to (he resources;
itis more likely than not that the trustees will receive the fasources, and Yo No N/a
— the monetary value can be measured wih sufficient reliability, 2 ee
Offsetting Therepermitted hasby beenthe noFRS offsetting102 SORPof assetsor FRS and102.liabilities, or income and expenses, unless required or fes No bee
(es No Nia
Grants Grants and donations are only included in the SoFA when the general income recognition
and donations criteria are met (5.10 to §.12 FRS102 SORP). v
In the case of performance related grants, income must only be recognised to the extent Yes No Ma
that the charity has provided the specified goods or services as entitlement to the grant ff ||
Legacies only occurs when the performance related conditions are met (5.16 FRS 102 SORP). v
Legacies are included in the SOFA when receipt is probable, that is, when there has been Yes No wa
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity v
or have been met.
Government Yes No Na
grants The charity has received govemment grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Tax reclaims on donations Any Gift Aid amount recovered on a donation is considered to be part of that gift and is Yes No Nia
and gifts treated as an addition to the same fund as the initial donation unless the donor or
terms [of] [the] [appeal] [have] [specified] [otherwise.] the fe | |
Yes No Nia
.
Contractual This is only included in the SoFA once the charity has provided the related goods or
performance related grants
income and — services or met the performance related conditions. Pe | |
Donated Yes No Nia
Donated goods goods are .measured. at fair value (the amount for which the asset could be
exchanged) unless impractical to do so. v
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In Yes No Na
at the carying amount of the stocks at distribution.
the reporting period in which the stocks are distributed, they are recognised as an expense Py | |
Donated goods for resale are measured at fair value on initial recognition, which is the Y
expected proceeds from sale less the expected costs of sale, and recognised in ‘Income ss No Na
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against ‘Income fromother trading activities’ and v
the proceeds from sale are also recognised as ‘Income fromother trading activities’.
Goodsincludeddonatedin the SoFAfor on-going as incoming resourcesuse by the charity whenarereceivable.recognised as tangible fixed assets and PyYes |]No Nia
Gifts in kind for use by the charity| are ;included ;in the SoFA as ;income from donations; when Yes No Nia
Donated services and Donated services and facilities are included in the SOFA when received at the value of the Yes No Na
facilities gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income Yes No Na
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
Yes No Na
Support costs The chanity has incurred expenditure on support costs.
voumeer ep The——
value of any voluntary help received report. is not included in the accounts but is described in wes Re a
Incomeroyaltiesfrom and dividendsinterest, Thismeasuredis includedreliably.Fin the accounts when receiptanis probable and the amount receivable, can be Py]Yes No [ N/a
Income from membership Membership: subscriptions-_ receivedeTin the nature of a giftF are recognisedarin Donations; and Yes No Na
Membership subscriptions which gives a member the right to buy services or other benefits Yes No Na
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charitableare recognisedactivities.as income eamed from the provision of goods and services as income from v
Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition Yes No Nia
claims criteriain the SoFA.are met (5.10 to 6.12 FRS102 SORP) and are included as an item of other income V
Investment gains and Yes No be
losses This Includes any realised or unrealiaed Gains oF losses On the sale of investments and any v
2.3 EXPENDITURE ANDgain LIABILITIESof logs reaulling from revaluing investments to market value at the ond of the year.
Liability recognition Liabilities are recognised where it is more likaly than not that there is a lagal or constructive Yes No N/a
obligation committing the charity to Pay out resources and the amount of the obligation can y
be measured with reasonable certainty.
Governance and support Support costs have been allocated between governance costs and other support. £8 No Na
costs Govemance costs comprise all costs involving public accountability of the charity and its y
comptiance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories (6, No Nia
on a basis consistent with the use of resources, eg allocating property costs by floor areas, y
or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance “here the charity gives a grant with conditions for its payment being a specific level of [4 Ne Na
conditions Service or output to be provided, such grants are only recognised in the SoFA once the Y
recipient of the grant has provided the specified service or output.
Grants payable without Were there are no conditions attaching to the grant that enables the donor charity to Yes No W2
performance conditions realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost The charity; made no redundancy payments during the reporting period. Yes No Wwe
. «4;
Deferred income No material item of deferred income has been included .in the accounts. Yes No Ne
. Yes No Na
Creditors The. charity has creditors which are measured at settlement amounts less any trade
discounts v
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured Yes No Nie
v! or Nap at the best estimate of the amount required to settle the obligation at the reporting date
Basic The charity accounts for basic financial instruments on initia! recognition as per paragraph Yes No Nis
financial instruments 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least £500
use by charity

They are valued at cost Yes No Na
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have Yes No Na
Physical substance but are identifiable and are controlled by the chanity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 9.5 Pf «|
Th sisnd at Yes No Nia
Heritage assets The chanity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, Yes No Na
technological, geophysical or environmental qualities that are held and maintained
principally for their contribution to knowedge and culture. The depreciation rates and Vv
methods used as disclosed in note 9.6.1.4.
Yes No Nia
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued
at initially at cost and subsequently at fair value (their market value) at the yearend. The Yes No Na
reliably in which case it is measured at cost less impaiment.
same treatment is applied to unlisted investments unless fair value cannot be measured fy] [|
Investments held for resale or pending their sale and cash and cash equivalents with a Wes No Nia
matunity date of less than 1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable. trade are measured at the lower or cost or net Yes No N/a
progress realisable value.
Goods or services; provided. as part of a charitable. activitya are measured at net realisable: value Yes No N/a
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Yes No N/a
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Debtors (including trade debtors and loans receivable) are measured on initial recognition at Yes No N/a
Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently, V
they are measured at the cash or other consideration expected to be received.
The chaniy has has investments which it holds for resale or pending their sale and cash and cash Yes No Nia
Current asset investments equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposesrather than to v
meet short term cash commitments as they fall due.
Yes No Nia
They are valued at fair value except where they qualify as basic financial instruments.
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POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts

(cont)

Note 3 Analysis of income

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Restricted
Unrestricted Income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations —[Donationsandgits Tas | Tas] 8515
legacies—SSSSCSC~—sCSCSCSGeneral grants provided by government/other SSC YY SSCSCdY SCY TCdYSCS?
charities
Membership subscriptions and sponsorships
which are in substance donations
[Donated goods, facilities and services | |TY
other Total] 465] | ts | 515
activities: a
a
|
other Total] = - | Se er
Other trading
activities:
CS
a
other Total] So -[ [ee]]
Incomeinvestments: from |InterestincomeOz(| S80
|Dividendincome |CTC
ote,Rentalandleasing income |TTT
Total] 502]TTs02 47 |
Separate a
materialitem [oe
ofincome: {oT
a
CTescs ee
Other: Giftaidclaim(accrued)TTGain on disposal of a tangible fixed asset held for t09 |
charity's own use
Gain on disposal ofa programme related
investment
Royalties from the exploitation of intellectual
property rights
CS
Total] 93] - | [T4099]
TOTAL INCOME 4o60{ - {| | 1060 4,097]
Other information:
All income in the prior year was unrestricted except for: (please
provide description and amounts)
Where any endowment fund Is converted Into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund Is converted Into Income In the prior
period, please give the reason for the conversion.
Within the Income Items above the following Items are material:
(please disclose the nature, amount and any prior year amounts)
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Section C

Notes to the accounts (cont)

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|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Note|6|Analysis|of expenditure| |This|year|Last|year| |Analysis|Unrostrictedfunds|IncomeRestricte fun|d|s|Endowmentfunds|Total|funds|Unrestrictedfunds|IncomeRestrictefun|d|s|Endowmentfunds|Total|funds| |Expenditure|on|raising|funds:|£|£| |Operating|membership|schemes|and| |social|lotteries| |publici| |Start|up|costs|incurred|in|generating|new| |source|of|future|income| |a| |maintenanceRent collection,chap|r|gesoperty repairs and|a| |Expenditure|on|charitable|activities:| |llegaladviceC—“‘CSSC#iL2OCOOO]~CCé‘TYTCOC;‘“‘(‘(‘’Nss|C©+YY;SC~COC“C‘é@OOTC“‘;e-|[CTC| |OOSSGO| |activities| |Separate|material|item|of expense| |[Administration&postage|Cd]C=| |ee|nC| |Total|CRORE|EY (ape|aT) PTT)|Pe PO|Oe|ee) EP|eee| |Other| |Administration|&|postage|Pat|||88]|45]| |a|OO| |a| |a| |Total other expenditure|WE)eeee| |TOTAL EXPENDITURE|[738]tTTT|45 ||

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Other information:

Analysis of expenditure on charitable activities

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Activities|Grant|Activities|Grant| |Activity|or programme|undertakendirectly|||funding of|support|Tora|thls|undertaken||funding of|“pie|Total last| |PO|eeeactivities|y|directly|activities|os|year| |Activity?|tt|eT| |lActivity2| |other| |Tot)|1|||ed|||ie||)|J|sd [ee|ee|

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Section C

(cont)

Notes to the accounts

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

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||||| |---|---|---|---| |19.1|Analysis|of|debtors| |Trade debtors| |Prepayments|and|accrued|income| |Other|debtors|

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|||| |---|---|---| |This year|Last|year| |£|£| |es|ee| |271.0| |Total|

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Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

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|||| |---|---|---| |Trade debtors| |Prepayments and|accrued|income| |Other debtors|

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|||||||| |---|---|---|---|---|---|---| |This|year|Last|year| |£|£| |es| |se| |es| |a| |Total [fica|/2|aah|mae|JERS|5|=z ||

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Section C

Notes to the accounts

(cont)

Note 20 Creditors and accruals Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

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Amounts falling due within} Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
Accruals for grants payable ee ee -_
Bank loans and overdrafts es ee =
Trade creditors ee -
Payments received on account for contracts or Pf
performance-related grants —
Accruals and deferred income es ee ee - |
Taxation and social security es ee -
Other creditors eePett|
ee es ee |
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20.2 Deferred income

Please complete this note if the charity has deferred income.

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oe
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Movement in deferred income account Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period

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This year Last year
£ £
ee
es
ee
fie Bgre Tay
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Note 24 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total

£ £ ae ae es

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Section|C|Notes|to|the|accounts|(cont)| |Note|4|Analysis|of receipts|of government|grants| |There|are|no|govenermont|grants|this|year|or|last|year| |Note|5|Donated goods,|facilities|and servicos| |There|are|no|donated|goods,|faciities|or|services|this|year|or|last year| |Note|7|Extraordinary|items| |There|are|no|extraordinary|Items|this|year|or|last|year| |Note|10|Details|of certain|items|of expenditure| |10.1|Trustee|expenses| |There|are|no|trustee|expenses|this|year|or|last|year| |10.2|Fees|for examination|or audit|of the|accounts| |There|are|no fees|for examination|of|the|accounts|this|year or|last|year| |Note|11|Paid employees| |There|are no paid|employees|this|year|or|last year| |Note|13|Grantmaking| |There|has|been|no grant|making|this|year or|last year| |Note|14|Tangible fixed assets| |There|are no|fixed|assets|of any|type|this|year|or|last year| |Note|15|Intangible|assets| |There|are|no|intanglible|assets|of any|type this|year or|last year| |Note|17|Investment|assets| |There are no|investment|assets|either|this|year|or|last year| |Note|27|Endowment and|restricted|income|funds| |There|are|no endowment|or|restricted|funds| |Note|28|Transactions|with|related|parties| |This|year there were|no|related|party|transactions.|

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