## Thelnetham Glebelands Trust
Report and Accounts for the year to 31st December 2024
## **Thelnetham Glebelands Trust**
## **Trustees Report**
For the year ended 31[st] December 2024
.
## **Objectves & Actvites**
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 fourth full year of operation the Trust recorded a surplus of £1,303 (£999). Similar revenues(£1,767) are anticipated for the year ending 31[st] December 2025. Accumulated revenues are available to carry out improvements, maintenance and conservation works. Six new Lime trees were planted at no expense to the Trust. Cash reserves at period end amounted to £9,019.. 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, including future planting.
## **Structure, Governance and Management.**
The Trust is a Charitable Incorporated Organization 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 & Administratve 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 and Secretary )
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||||
||||1/1/2024|||31/12/2024||||
|||||||||||
|**Secton A Receipts and payments**||||||||||
||**Unrestric**
**ted funds**||**Restrict**
**ed**
**funds**||**Endow**
**ment**
**funds**||**Total**
**funds**||**Last year**|
||**to the**
**nearest**
**£**||**to the**
**nearest**
**£**||**to the**
**nearest**
**£**||**to the ne**|**are**|**st £**
**to the**
**nearest £**|
|**A1 Receipts**||||||||||
|Interest|**17**||**-**||**-**||**17**||**- 15**|
|Rent|**1,000**||**-**||**-**||**1,000**||**1,000**|
|Donatons|**600**||**-**||**-**||**600**||**600**|
|Gifaid|**150**||**-**||**-**||**150**||**150**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**1,767**||**-**||**-**||**1,767**||**1,826**|
|||||||||||
|**A2 Asset and investment**
**sales, (see table).**||||||||||
||**-**||**-**||**-**||**-**|||
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**_Total receipts_**|**1,767**||**-**||**-**||**1,767**||**1,765**|
|||||||||||
|**A3 Payments**||||||||||
|Bank Charges|**60**||**-**||**-**||**60**||**60**|
|Insurance|**183**||**-**||**-**||**183**||**148**|
|---|---|---|---|---|---|---|---|---|---|
|Legal Fees|**-**||**-**||**-**||**-**||**-**|
|Maintenance|**- 221**||**-**||**-**||**-221**||**- 558**|
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**|**464**||**-**||**-**||**464**||**766**|
|||||||||||
|**A4 Asset and investment**
**purchases, (see table)**||||||||||
||**-**||**-**||**-**||**-**|||
|**_Sub total_**|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**_Total payments_**|**464**||**-**||**-**||**464**||**202**|
|||||||||||
|**_Net of receipts/(payments)_**|**1303**||**-**||**-**||**1303**||**999**|
|**A5 Transfers between funds**|**-**||**-**||**-**||**-**||**-**|
|**A6 Cash funds brought**
**forward fromprior Year**|**7,716**||**-**||**-**||**7,716**||**6,717**|
|**_Cash funds this year end_**|**9.019**||**-**||**-**||**9,019**||**7,716**|
|||||||||||
|||||||||||
|**Secton B Statement of assets and liabilites at the end of**|**Secton B Statement of assets and liabilites at the end of**|**Secton B Statement of assets and liabilites at the end of**|**Secton B Statement of assets and liabilites at the end of**|**Secton B Statement of assets and liabilites at the end of**|**the period**|**the period**||||
|---|---|---|---|---|---|---|---|---|---|
|**Categories**|**Details**||||**Unrestri**
**cted**
**funds**||**Restrict**
**ed**
**funds**||**Endow**
**ment**
**funds**|
||||||**to**
**nearest**
**£**||**to**
**nearest**
**£**||**to**
**nearest**
**£**|
|**B1 Cash Funds**|**CAF Bank**||||**9202**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||**_Total cash funds_**||||**9,202**||**-**||**-**|
|||||||||||
||||||**Unrestri**
**cted**
**funds**||**Restrict**
**ed**
**funds**||**Endow**
**ment**
**funds**|
||**Details**||||**to**
**nearest**
**£**||**to**
**nearest**
**£**||**to**
**nearest**
**£**|
|**B2 Other monetary**
**assets**|||||**-**||**-**||**-**|
|||||||||||
||**Details**||||**Fund to**
**which**
**asset**
**belongs**||**Cost**
**(opton**
**al)**||**Current**
**value**
**(opton**
**al)**|
|**B3 Investment assets**|||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to**
**which**
**asset**
**belongs**||**Cost**
**(opton**
**al)**||**Current**
**value**
**(opton**
**al)**|
|**B4 Assets retained for**
**the charity’s own use**|**Freehold Land**||||**Endow**
**ment**||**8,440**||**-**|
|||||||||||
||**Details**||||**Fund to**
**which**
**liability**
**relates**||**Amoun**
**t due**
**(opton**
**al)**||**When**
**due**
**(opton**
**al)**|
|**B5 Liabilites**|||||-||**-**|||
||**Sundry**
**Creditors**||**Ref**
**Insuran**
**ce**||**183**|||||
|||||||||||
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Signed on behalf of all the
trustees|E.H.E Sawbridge||||Date of approval|||||
||J.D.G. Sayers|||||||||
## **Notes**
1. **Basis of Preparation.** These accounts have been prepared on a receipts and payments basis.
2. **Guarantees & Loans.** The Trust has not issued any guarantees or undertaken any borrowings.
3. **Related Parties.** The Donations have been received from the Chairman.
4. **Freehold Land** is stated at cost being the acquisition cost of the Glebelands