## **The Banana Trust Annual Report and Accounts** ## **For period** 01/07/2023- 30/06/2024 ## **Trustees** Mr Joseph Reeds - Chairman Mrs Rebecca Cheney Mrs Lesley Reeds ## **Administrative Address** 35 Beckside Scopwick Lincoln LN4 3NX ## **Charity Registration number:** 1188002 ## **Trustees report** The Trustees present their report and accounts of The Banana Trust for the year ending 30 June 2024. ## **Public benefit** When setting the objectives and planning the work of the charity for the year, the Trustees have given careful consideration to the Charities Commission’s general guidance on public benefit. The principal objective of the trust is to provide day trips with children with additional needs or disabilities who would not be able to access these services due to socio-economic, disability or family reasons. ## **Declaration** The Statement of Income & Expenditure set out in this report for the financial year ended 30 June 2024, and the Balance Sheet are approved by the trustees of the charity. ## **Day trips ran** 7 trips ran during this period compared to 6 in the previous period. **----- Start of picture text -----**
Trip Date Trip Cost
22nd July 2023 £177.95
30 September 2023 £1008.02
25 November 2023 £478.29
20 January 2024 £895.30
16th March 2024 £1213.83
27th April 2024 £493.04
8th June 2024 £823.66
**----- End of picture text -----**
The costs in this table only include direct costs related to that individual trip such as venue hire, activities, food and transport. They do not include shared or administrative costs such as insurance which totalled £1019.90 in this period. ## **Expenditure/Income** The trusts expenditure was in line with expectations for the year and income exceed expenditure with several mid-size grants, online donations and a private donation increase this year totalling £15,062 allowing us to plan more trips in the next financial year. No trustees received remuneration in the year and there are no paid staff members. ## **Meetings** The trustees met formally on two occasions during the period, to review trip performance, trust finances, agree on the trust strategy and plan the delivery of trips. ## **Notice of financial interest** No trustees have personal financial interests in the trust activities. It should be noted that Robert Holden, who is related to trustees, made donations during the year but received no gain or favour from doing so. ## **Audit / independent examination** The charity’s trustees acknowledge that an independent examination is not required for this period as set out in Charity reporting and accounting: the essentials November 2016 (CC15d), on the basis the charities gross income is less than £25,000. **----- Start of picture text -----**
The Banana Trust 1188002
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/07/2023 30/06/2024
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Online Donations 1,225 - - 938
Donations via shopping sites 427 - - 222
Private donations 7,222 - - 1,000
Grants 4,250 - - 3,250
Gift aid - - - 1,442
Company donations 1,938 - - 580
- - -
- - -
Sub total (Gross income for
AR) [ 15,062 ] - - 7,432
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 15,062 - - - 7,432
A3 Payments
Venue Hire 1,071 - - 1,071 943
Catering 570 - - 570 442
Insurance 158 - - 158 158
DBS checks - - - - -
Website hosting - - - - 87
Clothing 364 - - 364 -
Transport 2,463 - - 2,463 2,105
Ticket/activities 1,511 - - 1,511 1,134
Bank costs 62 - - 62 60
Sub total [ 6,200 ] - - 6,200 4,929
A4 Asset and investment
purchases, (see table)
Equipment - - - -
- - - -
Sub total [ - ] - - - -
Total payments 6,200 - - 6,200 4,929
Net of receipts/(payments) 8,862 - - - 6,200 2,503
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 11,365 - - - 6,200 2,503
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CCXX R1 accounts (SS) 05/01/2025 1 |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**_Total cash funds_**
**Details**
Equipment
HSBC account
**Details**
Unclaimed expenses from period
Signature
greeds|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**11,365**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Unrestricted
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
Unrestricted
**-**
**-**
**-**
**-**
**-**
Print Name
Joseph Reeds|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| ||||**-**| ||||**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
19/12/2024| CCXX R2 accounts (SS) 05/01/2025 2