The Banana Trust Annual Report and Accounts
For period
01/07/2024- 30/06/2025
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 2025.
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 2025, and the Balance Sheet are approved by the trustees of the charity.
Day trips ran
6 trips ran during this period compared to 7 in the previous period, on average each trip cost £900 to run totalling £5400. This includes direct costs related to individual trips such as venue hire, activities, food and transport. They do not include shared or administrative costs such as insurance and disclosure checks which totalled £860.40 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 this year totalling £12,931 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.
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.
The Banana Trust 1188002 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01/07/2024 30/06/2025
| Section A Receipts and payments | Section A Receipts and payments | ||||
|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 2,552 241 124 7,500 2,508 - - 12,926 - - - 12,926 840 561 165 120 - 294 2,448 1,736 62 3,785 10,011 - - - 10,011 2,915 - 11,365 14,280 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 2,552 241 124 7,500 2,508 - 12,926 - - - 12,926 840 561 165 120 - 294 2,448 1,736 62 3,785 10,011 |
Last year to the nearest £ |
| Online Donations | - - - - - - - - |
1,225 | |||
| Donations via shoppingsites | 427 | ||||
| Private donations | 7,222 | ||||
| Grants | 4,250 | ||||
| Gift aid | - | ||||
| Companydonations | 1,938 | ||||
| - | |||||
| Sub total(Gross income for AR) |
15,062 | ||||
| A2 Asset and investment sales, (see table). |
|||||
| - - - |
|||||
| - | |||||
| ~~Sub total~~ | - | ||||
| Total receipts A3 Payments |
|||||
| - | 15,062 | ||||
Venue Hire |
- - - - - - - - - - - |
1,071 | |||
| Catering | 570 | ||||
| Insurance | 158 | ||||
| DBS checks | - | ||||
| Website hosting | - | ||||
| Clothing | 364 | ||||
| Transport | 2,463 | ||||
| Ticket/activities/Supplies | 1,511 | ||||
| Bank costs | 62 | ||||
| Expenses claimed frompreviousperiod | 3,785 | ||||
| **Sub total ** | 6,200 | ||||
| A4 Asset and investment purchases, (see table) |
|||||
Equipment |
- - - |
- - |
- | ||
| **Sub total ** | - 10,011 2,915 |
- | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| - | 6,200 | ||||
- |
8,862 | ||||
| - - |
- 11,365 |
- | |||
- |
14,280 | 8,862 |
CCXX R1 accounts (SS)
08/02/2026
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 gree~~d~~s |
Unrestricted funds Restricted funds to nearest £ to nearest £ 14,280 - - - 14,280 - 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 |
|||
| gree~~d~~s | Joseph Reeds | 08/02/2026 | |
CCXX R2 accounts (SS)
08/02/2026
2