2025-03-31-accounts - Crucorney Environmental Charity

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Crucorney Environmental Charity

Charity No. 1183604

Trustees' Report and Unaudited Accounts

31 March 2025

Crucorney Environmental Charity Contents

	Pages
Trustees' Annual Report	2 to 3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Accounts	7 to 12
Detailed Statement of Financial Activities	13 to 14

Page 1

Crucorney Environmental Charity Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1183604

Trustees

The following trustees served during the year:

K.B. Davies A. Jackman

D.H. Jackman

Accountants

Andersons Acccountancy Services Ltd 10 The Cedars Llanfoist Abergavenny Monmouthshire NP7 9LX

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document is • To advance the promotion of the conservation, protection and improvement of the physical and natural environment in the Crucorney Area* for the benefit of the public by providing grants as the trustees see fit from time to time.

• To advance the education of people for the public benefit who live in the Crucorney Area* by making grants and awards as the trustees see fit from time to time. These grants and awards are limited to advancing education and knowledge for the public benefit in the following areas:

the conservation, protection and improvement of the physical and natural environment
the conservation of flora, fauna or the environment generally
the conservation of a particular geographical area
the conservation of a particular species
the promotion of sustainable development and biodiversity
the promotion of recycling and sustainable waste management
research projects into the use of renewable energy sources
The Crucorney Area is defined as the community wards under the administration of the Crucorney Community Council. These are: Bwlch Trewyn & Oldcastle; Forest & Ffwddog; Llanvihangel Crucorney; Lower Cwmyoy and Upper Cwmyoy.

Crucorney Environmental Charity was set up on 1 May 2019 to enable its half share of the proceeds of the photovoltaic panels on the roof of Pandy Village Hall to be used to benefit local environmental projects for the public benefit as described in its objectives above.

The trustees have had regard to the guidance issued by the Charity Commission on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Page 2

Crucorney Environmental Charity Trustees Annual Report

During the year ending 31 March 2025 the charity made no grants

FINANCIAL REVIEW

Crucorney Environmental Charity is in a strong financial position and continues to receive its share of the income from the photovoltaic panels on the roof of Pandy Village Hall.

Crucorney Environmental Charity continues to hold this income in reserves, pending publication of its grant making policy and grant application form.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Crucorney Environmentail Charity is governed by its Constitution

Eligibility for trusteeship (a) Every charity trustee must be a natural person. (b) No individual may be appointed as a charity trustee of the CIO: • if he or she is under the age of 16 years; or • if he or she would automatically cease to hold office under the provisions of clause [12(1)(e

(c) No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee.

(d) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee.

(e) All charity trustees must have lived on a full time basis in the Crucorney area (as defined in section 3) for at least 3 years before their appointment

1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

(2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

K.B. Davies Trustee 05 January 2026

Page 3

Crucorney Environmental Charity Independent Examiners Report

Independent Examiner's Report to the trustees of Crucorney Environmental Charity

I report to the trustees on my examination of the financial statements of Crucorney Environmental Charity for the year ended 31 March 2025.

Responsibilities and basis of report

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

I report in respect of my examination of the charity's financial statements 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 can 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:

the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.

I 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 financial statements to be reached.

Mary Anderson FCA / ICAEW Andersons Acccountancy Services Ltd 10 The Cedars Llanfoist Abergavenny Monmouthshire NP7 9LX 05 January 2026

Page 4

Crucorney Environmental Charity Statement of Financial Activities

for the year ended 31 March 2025

Unrestricted funds	Total funds	Total funds
2025	2025	2024
£	£	£

8,110	8,110	8,913
-	-	2
8,110	8,110	8,915

4,055	4,055	4,456
1,140	1,140	721
1,621	1,621	1,621
6,816	6,816	6,798
-	-	-
1,294	1,294	2,117
-	-	-
1,294	1,294	2,117

1,294	1,294	2,117

20,030	20,030	17,913
21,324	21,324	20,030

Page 5

Crucorney Environmental Charity Balance Sheet

at 31 March 2025

Charity No. 1183604 Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors:Amount falling due within one year 12 Net current assets Total assets less current liabilities Provisions for liabilities 13 Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 14 Unrestricted funds 14 General funds Reserves 14 Total funds Approved by the trustees on 05 January 2026	2025 £ 9,588 9,588 1,955 16,608 18,563 (2,827) 15,736 25,324 (4,000) 21,324 21,324 21,324 21,324 21,324	2024 £ 11,209
		11,209 - 12,821
		12,821 -
		12,821 24,030 (4,000)
		20,030
		20,030
		20,030
		20,030
		20,030

And signed on their behalf by:

K.B. Davies Trustee 05 January 2026

Page 6

Crucorney Environmental Charity Notes to the Accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 7

Crucorney Environmental Charity Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery 8.4% straight line

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 8

Crucorney Environmental Charity Notes to the Accounts

2 Statement of Financial Activities - prior year

2 Statement of Financial Activities - prior year
Income and endowments from: Other trading activities Investments Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from other trading activities Solar panel income 4 Income from investments	Unrestricted £ 8,110 8,110	Unrestricted funds 2024 £ 8,913 2	Total funds 2024 £ 8,913 2
		8,915 4,456 721 1,621	8,915 4,456 721 1,621
		6,798	6,798
		2,117	2,117
		2,117	2,117
		2,117 17,913	2,117 17,913
		20,030	20,030
		Total 2025 £ 8,110	Total 2024 £ 8,913
		8,110	8,913
		Total 2025 £ -	Total 2024 £ 2
		-	2

Page 9

Crucorney Environmental Charity Notes to the Accounts

5 Expenditure on raising funds

Fundraising trading costs Solar panel income 6 Expenditure on charitable activities Expenditure on charitable activities Repairs and maintenance Governance costs Accountancy 7 Other expenditure Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets 8 Net income before transfers This is stated after charging: Depreciation of owned fixed assets 9 Staff costs No employee received emoluments in excess of £60,000.	Unrestricted £ 4,055 4,055 Unrestricted £ - - 1,140 1,140 Unrestricted £ 1,621 1,621 2025 £ 1,621	Total 2025 £ 4,055	Total 2024 £ 4,456
		4,055	4,456
		Total 2025 £ - - 1,140	Total 2024 £ 180 1 540
		1,140	721
		Total 2025 £ 1,621	Total 2024 £ 1,621
		1,621	1,621
			2024 £ 1,621

Page 10

Crucorney Environmental Charity Notes to the Accounts

10 Tangible fixed assets

2025 £ 1,955 1,955 2025 £	Plant and machinery	Total £ 19,314
	£ 19,314
	19,314	19,314
	8,105 1,621	8,105 1,621
	9,726	9,726
	9,588	9,588
	11,209	11,209
		2024 £ -
		-
		2024 £
2,827		-
2,827	Other provisions £	-
		Total £ 4,000
	4,000
	4,000	4,000

Page 11

Crucorney Environmental Charity Notes to the Accounts

14 Movement in funds

Incoming resources (including other gains/losses) £ 8,110 8,110 At 1 April 2024 £	Resources expended £	At 31 March 2025 £ 21,324
	(6,816)

	(6,816)	21,324
	Unrestricted funds £ 9,588 15,736 (4,000)	Total £ 9,588 15,736 (4,000)
	21,324	21,324
	Cash flows £	At 31 March 2025 £
12,821	3,787	16,608
12,821 12,821	3,787	16,608
	3,787	16,608

Page 12

Crucorney Environmental Charity Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from: Other trading activities Solar panel income Investments Total income and endowments Expenditure on: Costs of other trading activities Solar panel income Total of expenditure on raising funds Charitable activities Repairs and maintenance Governance costs Accountancy Total of expenditure on charitable activities General administrative costs, including depreciation and amortisation Depreciation of Plant and machinery Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains	Unrestricted funds 2025 £ 8,110 8,110 - - 8,110 4,055 4,055 4,055 - - - 1,140 1,140 1,140 1,621 1,621 1,621 6,816 - 1,294 1,294 -	Total funds 2025 £ 8,110 8,110 - - 8,110 4,055 4,055 4,055 - - - 1,140 1,140 1,140 1,621 1,621 1,621 6,816 - 1,294 1,294 -	Total funds 2024 £ 8,913
			8,913
			2
			2
			8,915 4,456
			4,456
			4,456 180 1
			181
			540
			540
			721 1,621
			1,621
			1,621
			6,798 -
			2,117
			2,117 -

Page 13

Crucorney Environmental Charity Detailed Statement of Financial Activities

Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	1,294 20,030 21,324	1,294 20,030 21,324	2,117
			17,913
			20,030

Page 14

REF. NUMBER `OVZG9-YJRDG-DRKME-HGTN8` DOCUMENT COMPLETED BY ALL PARTIES ON `22 JAN 2026 14:28:19` `UTC` SIGNER TIMESTAMP SIGNATURE	REF. NUMBER `OVZG9-YJRDG-DRKME-HGTN8` DOCUMENT COMPLETED BY ALL PARTIES ON `22 JAN 2026 14:28:19` `UTC` SIGNER TIMESTAMP SIGNATURE

BELINDA DAVIES EMAIL `KBEEDAVIES@GMAIL.COM` SENT `30 DEC 2025 10:18:06` VIEWED `31 DEC 2025 08:56:59`
SIGNED `22 JAN 2026 14:28:19` IP ADDRESS `51.9.82.97` LOCATION `ABERGAVENNY, UNITED KINGDOM` RECIPIENT VERIFICATION EMAIL VERIFIED `31 DEC 2025 08:56:59`

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