Thelnetham Glebelands Trust
Report and Accounts for the year to 31st December 2022
Thelnetham Glebelands Trust
Trustees Report
For the year ended 31[st] December 2022
.
Objectives & Activities
The objective of the Trust is: for the public benefit, to preserve and maintain as a space open to the public and as a fitting setting for St. Nicholas Church Thelnetham the lands contiguous to the said Church known as the Thelnetham Glebelands.
The activities of the Trust are geared to providing Public Access to a naturally and safely maintained space throughout the Year.
Achievements & Performance.
The Glebe has been maintained in a steady state and the Public have been able to enjoy access throughout the year, without restriction.
Financial Review.
Receipts and payments accounts are provided on the adjoining pages. In its second full year of operation the Trust recorded a surplus of £1,624. Similar revenues are anticipated for the year ending 31[st] December 2023. The Trustees have a project to improve the information available to the Public. Accumulated revenues are available to carry out maintenance and conservation works. Cash reserves at period end amounted to £6,717 i.e. some 36 months revenue. Given the increased frequency of severe weather events and the age of some of the trees on the land, it is prudent for the Trustees to maintain a buffer of this order for contingencies. In the short term, further works are expected to both the drive way and the trees.
Structure, Governance and Management.
The Trust is a Charitable Incorporated Organisation registered with and regulated by the Charity Commission. Its governance procedures follow the applicable Charity Commission model document with minor modifications. Trustees are recruited from those with links to local or church communities.
Reference & Administrative Details
The registered number of the Trust is 1184569.
The Trustees are:
EHE Sawbridge (Chairman)
Rev JW Fulton A Wilkinson RE Aves. JDG Sayers (Treasurer)
The Registered Address of the Trust is Martins Nest Farm, Hepworth Road, Thelnetham, Diss IP22 1JH
| Charity Name | Charity Name | Charity Name | Charity Name | Charity Name | No | No | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| Thelnetham Glebelands Trust |
1184569 | ||||||||
| Receipts and payments accounts | |||||||||
| For the period from |
Period start date |
To | Period end date |
||||||
| 1/1/202 2 |
31/12/20 22 |
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| Section A Receipts and payments | |||||||||
| Unrest ricted funds |
Restr icted funds |
Endo wmen t funds |
Total funds |
Last year |
|||||
| to the neares t £ |
to the neare st £ |
to the neare st £ |
to the neares |
t | £ to the neares t £ |
||||
| A1 Receipts | |||||||||
| Interest | 6 | - | - | 6 | - | ||||
| Rent | 1,000 | - | - | 1,000 | 1,000 | ||||
| Donations | 600 | - | - | 600 | 1042 | ||||
| Giftaid | 220 | - | - | 220 | 271 | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
1,826 | - | - | 1,826 | 2,313 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total |
| - | - | - | - | - | |||||
|---|---|---|---|---|---|---|---|---|---|
| Total receipts | 1,826 | - | - | 1,826 | 2,313 | ||||
| A3 Payments | |||||||||
| Bank Charges | **81 ** | - | - | **81 ** | 96 | ||||
| Insurance | 121 | - | - | 121 | 121 | ||||
| Legal Fees | - | - | - | - | - | ||||
| Maintenance | - | - | - | - | - | ||||
| - | - | - | - | - | |||||
| Sub total | 202 | - | - | 202 | 217 | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | - | - | - | ||||||
| Sub total | - | - | - | - | - | ||||
| Total payments | 202 | - | - | 202 | 217 | ||||
| Net of receipts/(payments) |
1,624 | - | - | 1,624 | 2,096 | ||||
| A5 Transfers between funds |
- | - | - | - | - | ||||
| A6 Cash funds brought forward from prior Year |
5,093 | - | - | 5,093 | 2,997 | ||||
| Cash funds this year end |
6,717 | - | - | 6,717 | 5,093 | ||||
| Section B Statement of assets and liabilities at the end of the period |
Section B Statement of assets and liabilities at the end of the period |
Section B Statement of assets and liabilities at the end of the period |
Section B Statement of assets and liabilities at the end of the period |
Section B Statement of assets and liabilities at the end of the period |
Section B Statement of assets and liabilities at the end of the period |
Section B Statement of assets and liabilities at the end of the period |
|
|---|---|---|---|---|---|---|---|
| Categories | Details | Unres tricte d funds |
Restr icted funds |
Endow ment funds |
|||
| to neare st £ |
to neare st £ |
to neares t £ |
|||||
| B1 Cash Funds | CAF Bank | 6,717 | - | - | |||
| - | - | - | |||||
| - | - | - | |||||
| Total cash funds |
6,717 | - | - | ||||
| Unres tricte d funds |
Restr icted funds |
Endow ment funds |
|||||
| Details | to neare st £ |
to neare st £ |
to neares t £ |
||||
| B2 Other monetary assets |
- | - | - | ||||
| Details | Fund to which asset belon gs |
Cost (opti onal) |
Curren t value (optio nal) |
||||
| B3 Investment assets |
- | - | |||||
| Details | Fund to which asset belon gs |
Cost (opti onal) |
Curren t value (optio nal) |
||||
| B4 Assets retained for the charity’s own use |
Freehold Land | Endo wmen t |
8,440 | - | |||
| Details | Fund to which liabili ty |
Amou nt due (opti onal) |
When due (optio nal) |
| relate s |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| B5 Liabilities | - | - | |||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name E.H.E Sawbridge |
Date of approv al |
||||||
| Signature | Print Name J.D.G.Sayers |
Notes
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Basis of Preparation. These accounts have been prepared on a receipts and payments basis.
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Guarantees & Loans. The Trust has not issued any guarantees or undertaken any borrowings.
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Related Parties. The Donations have been received from the Chairman.
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Freehold Land is stated at cost being the acquisition cost of the Glebelands