**NUTLEY WAR MEMORIAL TRUST Registered charity No 1189344 TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2021** The Trustees present their report and unaudited financial statements for the period ended 31 March 2021. The Nutley War Memorial Trust was formed in 1948 to hold in trust seven acres of land donated to the people of Nutley by Frederick John Nettlefold. A Trust Deed, signed on 30th June 1948, sets out the objects of the Trust which are '... To serve as a War memorial to those men and women of the village of Nutley who gave their lives for their country in the second world war, and to provide facilities... For the purposes of physical recreation and training and the playing of sports and pastimes through the medium of recreation grounds and playing fields to be constructed upon the Trust premises and for social, moral and intellectual development by means of the erection or part thereof of a building or buildings to be used as reading rooms, recreation rooms or libraries or for lectures, classes or entertainments and generally in such other manner or for such other purposes as may be found expedient for the benefit of the inhabitants of Nutley.' When the old Memorial Hall, which had been opened in 1924 was sold, the Trust was further dedicated as a memorial to those men of Nutley who died in the First World War. The management and control of the Trust is in the hands of a Committee of Management, consisting (at present) of five Trustees. A recruitment drive is in place for new Trustees. All Trustees retire annually at the AGM and are eligible for re-election. The Committee of Management appoints the unpaid officers of the Committee and fixes their respective terms of office. All residents of Nutley aged 18 or over are entitled to attend and vote at the AGM Trustees who served in 2020/2021 were: Mr Simon Coleman - Joined 12.01.21 Mr James Elsworth - resigned 07.01.21 Mrs Jennifer Harvey - resigned 07.01.21 Mr Martin Harvey - resigned 07.01.21 Mr Mark Hillen - resigned 07.01.21 Mr Barrie Sidwell - Holding Trustee - resigned July 2020 Mr Kevin Smith Mr Raymond Tester - Holding Trustee Chairmas as from 07.01.21 Mr David Watson Mr Les Wilcox - Chairman resigned 07.01.21 Mr Chris Williams - joined 08.09.20 Mrs Sarah Wilson - Holding Trustee - resigned July 2020 Mr Damien Wynne - resigned 07.01.21 Address: War Memorial Hall, High Street, Nutley, Uckfield, East Sussex. TN22 3NE Independent Examiner: Mr A Pinner, Little Orchard, Tylers Lane,Horney Common, East Sussex TN22 3EJ Bankers: HSBC, Uckfield **----- Start of picture text -----**
Charity Number : 1189344
Receipts and payments accounts CC16a
For the period
To
from 01.04.20 31.03.21
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
Voluntary Income - - -
Grants (note 1) 11,805 11,805 500
Other Donations (note 2) 1,240 1,240 3,700
Investment Income (note 3) 15,003 - - 15,003 5,006
Income from Charitable Activities - - -
Hall Hire 6,357 - - 6,357 21,609
Tennis & Squash Club Rent 3,974 - - 3,974 3,417
Bowling Club Rent 824 - - 824 803
Social Club Rent 10 - - 10 10
- - - - -
Sub total (Gross income for AR) [ 39,213 ] - - 39,213 35,045
table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 39,213 - - 39,213 35,045
A3 Payments
Charitable Activities - - - - -
Caretaker Wages 4,803 - - 4,803 4,861
Insurance (net of contributions received) 2,850 2,850 2,816
Council Tax & refuse collection 1,355 1,355 1,838
Water & sewage 701 701 1,196
Electricity (net of meter receipts ) 569 - 569 399
Heating oil 2,123 2,123 2,701
Telephone & Broadband 647 647 600
Postage and office supplies 2,141 2,141 23
Donations - 200
Buildings and grounds equipment and ma 8,790 8,790 5,733
Hall equipment and supplies 1,092 1,092
Licences and subscription fees 219 - - 219 438
Legal Fees (note 5) 19,786 - - 19,786 4,800
Advertising 42 - - 42 90
- - -
Sundry expenses - - - 949
Pre school project - - - 462
Fixtures and fittings additions - 1,104
Resources expended on governance -
Examination & accountancy fees 1,100 1,100 0
- - - - -
Sub total [ 45,080 ] - - 45,080 28,210
A4 Asset and investment purchases,
(see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 45,080 - - 45,080 28,210
Net of receipts/(payments) - 5,867 - - - 5,867 6,835
A5 Transfers between funds - - -
-
Transfer to Supperannuation Fund - 245 245 245
-
A6 Cash funds last year end 9,667 1,894 - 9,667 4,726
Cash funds this year end
3,555 2,139 - 5,694 11,561
**----- End of picture text -----**
## **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**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|HSBC Current Account
HSBC Deposit Account
Freehold Property
Fixtures & fittings
Pre-School Project
Signature
Creditors
**Details**
**Details**
**Details**
COIF Accumulation Units
(agree balances with receipts and payments
account(s))
**Details**
Debtors
**Details**
COIF Accumulation Units
**_Total cash funds_**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
3,437
**-**
118
**-**
**-**
**2,139**
**3,555**
**2,139**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
47
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**36**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| |---|---|---|---| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
84,984
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
305,495
14,273
11,090
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval| ## **NUTLEY WAR MEMORIAL TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** ## **1 Accounting policies** ## **1.1 Accounting convention** The receipts and payment statements are prepared in accordance with the Charities Commission template CC16a ## **2 Fixed Assets** ## **Freehold Property** In 1994 Trustees introduced a depreciation charge on freehold buildings of 0.5% of cost as at April 1994. |**Cost**
As at 1 April 2020
Additions
As at 31 March 2021
**Depreciation**
As at 1 April 2020
Charge for the year
As at 31 March 2021
**Net Book Value**
As at 31 March 2021
As at 31 March 2020|Memorial
Tennis Court
Bowling
Squash
Hall
& Pathway
Green
Club
£
£
£
£
£
58,576
19,683
25,862 239,464
14,090
-
-
-
-
58,576
19,683
25,862 239,464
14,090
(7,800)
-
-(28,800)
-
(293)
(1,197)
-
(8,093)
-
-(29,997)
-
50,483
19,683
25,862 209,467
14,090
50,776
19,683
25,862 210,664
14,090
Pre-School|Total
£
357,675
-
357,675
(36,600)
(1,490)
(38,090)
319,585
321,075| |---|---|---| The above freehold land is used for charitable purposes. The trust also owns land adjacent to the Hall which is subject to a 99 year lease (dated 24th June 1972) to the Nutley Social Club Limited. ## **Fixtures and Fittings** Fixtures and fittings are depreciated at 10% straight line. Solar panels written off over their useful life ( 20 years). |**Cost**
As at 1 April 2020
Additions
As at 31 March 2021
**Net Book Value**
As at 31 March 2021
As at 31 March 2020|£
34,446
-
34,446
14,273
15,628|**Depreciation**
As at 1 April 2020
Adjustment
Charge for the year
As at 31 March 2021|£
(20,173)
(1,355)
(18,818)| |---|---|---|---| An adjustment was made in 2019/20 to accumulated depreciation to correct previous miscalculations. Incorrect deprecation rates were used and fully depreciated assets continued to be depreciated. - **3** Superannuation Fund: The Trust does not provide a private pension plan but makes an annual provision of 5% of employee's salary to a superannuation fund payable on the date of retirement provided employees have been in employment for two years or longer. The fund is held in a COIF deposit account and interest is retained in the account. As of 31st March 2021, the value of the fund was £2,139.19 ( 2020 £1,885.74). - **4** These accounts have been prepared based on a 12 month period. It should be noted that until the date of incorporation of the CIO charity number 1189344, the day to day operations ran under the previous charity, Nutley War Memorial Trust, charity number 305277 -4- ## NOTES TO 2020/2021 ACCOUNTS - 1 Grants - £1,205 Maresfield Parish Council - £10,000 Wealden Covid Grant - £600 Gatwick Airport Community Trust - 2 Other Donations - £761 Transfer from NWB £479 Xmas Fund - 3 Other Income £15,000 Sale of COIF Funds - £3 Bank Interest Received - 4 Buildings Maintenance £250 Owain Sullivan - Ash Tree - £50 B J Elsworth - garden Waste - £780 Domain Electrical - £1,152 The Sanding & Sealing Co - £116 Petty Cash - £130 Hudson Electrical Services - £200 Owain Sullivan - Hedge Cutting - £180 Britannic Bifold - £204 Knighthood Fire - £110 Country Cleaning - £165 KCC - fire/water extinguishers - £1,200 James McLeary - painting - £140 N S Craft - £150 Carvills Furnishing - £408 Calvin Barden - £1,500 Greenbarnes Ltd - £1,195 Ashdown Audio Visual - £260 Nick Craft - £600 Sureflow Solutions - 5 Legal Fees £1,241 Rix & Kay - lease renewal - £1,540 Rix & Kay - employment matters / License to Occupy £480 Oldfield & Smith - market value of properties - £7,769 H3 solicitors - NWMTICO - £5,469 Rix & Kay - various advice - £3,287 Nissen Richards - Nutley land review and strategic opportunities report -5- **NUTLEY WAR MEMORIAL TRUST Registered charity No 1189344 TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2021** The Trustees present their report and unaudited financial statements for the period ended 31 March 2021. The Nutley War Memorial Trust was formed in 1948 to hold in trust seven acres of land donated to the people of Nutley by Frederick John Nettlefold. A Trust Deed, signed on 30th June 1948, sets out the objects of the Trust which are '... To serve as a War memorial to those men and women of the village of Nutley who gave their lives for their country in the second world war, and to provide facilities... For the purposes of physical recreation and training and the playing of sports and pastimes through the medium of recreation grounds and playing fields to be constructed upon the Trust premises and for social, moral and intellectual development by means of the erection or part thereof of a building or buildings to be used as reading rooms, recreation rooms or libraries or for lectures, classes or entertainments and generally in such other manner or for such other purposes as may be found expedient for the benefit of the inhabitants of Nutley.' When the old Memorial Hall, which had been opened in 1924 was sold, the Trust was further dedicated as a memorial to those men of Nutley who died in the First World War. The management and control of the Trust is in the hands of a Committee of Management, consisting (at present) of five Trustees. A recruitment drive is in place for new Trustees. All Trustees retire annually at the AGM and are eligible for re-election. The Committee of Management appoints the unpaid officers of the Committee and fixes their respective terms of office. All residents of Nutley aged 18 or over are entitled to attend and vote at the AGM Trustees who served in 2020/2021 were: Mr Simon Coleman - Joined 12.01.21 Mr James Elsworth - resigned 07.01.21 Mrs Jennifer Harvey - resigned 07.01.21 Mr Martin Harvey - resigned 07.01.21 Mr Mark Hillen - resigned 07.01.21 Mr Barrie Sidwell - Holding Trustee - resigned July 2020 Mr Kevin Smith Mr Raymond Tester - Holding Trustee Chairmas as from 07.01.21 Mr David Watson Mr Les Wilcox - Chairman resigned 07.01.21 Mr Chris Williams - joined 08.09.20 Mrs Sarah Wilson - Holding Trustee - resigned July 2020 Mr Damien Wynne - resigned 07.01.21 Address: War Memorial Hall, High Street, Nutley, Uckfield, East Sussex. TN22 3NE Independent Examiner: Mr A Pinner, Little Orchard, Tylers Lane,Horney Common, East Sussex TN22 3EJ Bankers: HSBC, Uckfield **----- Start of picture text -----**
Charity Number : 1189344
Receipts and payments accounts CC16a
For the period
To
from 01.04.20 31.03.21
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
Voluntary Income - - -
Grants (note 1) 11,805 11,805 500
Other Donations (note 2) 1,240 1,240 3,700
Investment Income (note 3) 15,003 - - 15,003 5,006
Income from Charitable Activities - - -
Hall Hire 6,357 - - 6,357 21,609
Tennis & Squash Club Rent 3,974 - - 3,974 3,417
Bowling Club Rent 824 - - 824 803
Social Club Rent 10 - - 10 10
- - - - -
Sub total (Gross income for AR) [ 39,213 ] - - 39,213 35,045
table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 39,213 - - 39,213 35,045
A3 Payments
Charitable Activities - - - - -
Caretaker Wages 4,803 - - 4,803 4,861
Insurance (net of contributions received) 2,850 2,850 2,816
Council Tax & refuse collection 1,355 1,355 1,838
Water & sewage 701 701 1,196
Electricity (net of meter receipts ) 569 - 569 399
Heating oil 2,123 2,123 2,701
Telephone & Broadband 647 647 600
Postage and office supplies 2,141 2,141 23
Donations - 200
Buildings and grounds equipment and ma 8,790 8,790 5,733
Hall equipment and supplies 1,092 1,092
Licences and subscription fees 219 - - 219 438
Legal Fees (note 5) 19,786 - - 19,786 4,800
Advertising 42 - - 42 90
- - -
Sundry expenses - - - 949
Pre school project - - - 462
Fixtures and fittings additions - 1,104
Resources expended on governance -
Examination & accountancy fees 1,100 1,100 0
- - - - -
Sub total [ 45,080 ] - - 45,080 28,210
A4 Asset and investment purchases,
(see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 45,080 - - 45,080 28,210
Net of receipts/(payments) - 5,867 - - - 5,867 6,835
A5 Transfers between funds - - -
-
Transfer to Supperannuation Fund - 245 245 245
-
A6 Cash funds last year end 9,667 1,894 - 9,667 4,726
Cash funds this year end
3,555 2,139 - 5,694 11,561
**----- End of picture text -----**
## **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**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|HSBC Current Account
HSBC Deposit Account
Freehold Property
Fixtures & fittings
Pre-School Project
Signature
Creditors
**Details**
**Details**
**Details**
COIF Accumulation Units
(agree balances with receipts and payments
account(s))
**Details**
Debtors
**Details**
COIF Accumulation Units
**_Total cash funds_**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
3,437
**-**
118
**-**
**-**
**2,139**
**3,555**
**2,139**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
47
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**36**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| |---|---|---|---| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
84,984
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
305,495
14,273
11,090
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval| ## **NUTLEY WAR MEMORIAL TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** ## **1 Accounting policies** ## **1.1 Accounting convention** The receipts and payment statements are prepared in accordance with the Charities Commission template CC16a ## **2 Fixed Assets** ## **Freehold Property** In 1994 Trustees introduced a depreciation charge on freehold buildings of 0.5% of cost as at April 1994. |**Cost**
As at 1 April 2020
Additions
As at 31 March 2021
**Depreciation**
As at 1 April 2020
Charge for the year
As at 31 March 2021
**Net Book Value**
As at 31 March 2021
As at 31 March 2020|Memorial
Tennis Court
Bowling
Squash
Hall
& Pathway
Green
Club
£
£
£
£
£
58,576
19,683
25,862 239,464
14,090
-
-
-
-
58,576
19,683
25,862 239,464
14,090
(7,800)
-
-(28,800)
-
(293)
(1,197)
-
(8,093)
-
-(29,997)
-
50,483
19,683
25,862 209,467
14,090
50,776
19,683
25,862 210,664
14,090
Pre-School|Total
£
357,675
-
357,675
(36,600)
(1,490)
(38,090)
319,585
321,075| |---|---|---| The above freehold land is used for charitable purposes. The trust also owns land adjacent to the Hall which is subject to a 99 year lease (dated 24th June 1972) to the Nutley Social Club Limited. ## **Fixtures and Fittings** Fixtures and fittings are depreciated at 10% straight line. Solar panels written off over their useful life ( 20 years). |**Cost**
As at 1 April 2020
Additions
As at 31 March 2021
**Net Book Value**
As at 31 March 2021
As at 31 March 2020|£
34,446
-
34,446
14,273
15,628|**Depreciation**
As at 1 April 2020
Adjustment
Charge for the year
As at 31 March 2021|£
(20,173)
(1,355)
(18,818)| |---|---|---|---| An adjustment was made in 2019/20 to accumulated depreciation to correct previous miscalculations. Incorrect deprecation rates were used and fully depreciated assets continued to be depreciated. - **3** Superannuation Fund: The Trust does not provide a private pension plan but makes an annual provision of 5% of employee's salary to a superannuation fund payable on the date of retirement provided employees have been in employment for two years or longer. The fund is held in a COIF deposit account and interest is retained in the account. As of 31st March 2021, the value of the fund was £2,139.19 ( 2020 £1,885.74). - **4** These accounts have been prepared based on a 12 month period. It should be noted that until the date of incorporation of the CIO charity number 1189344, the day to day operations ran under the previous charity, Nutley War Memorial Trust, charity number 305277 -4- ## NOTES TO 2020/2021 ACCOUNTS - 1 Grants - £1,205 Maresfield Parish Council - £10,000 Wealden Covid Grant - £600 Gatwick Airport Community Trust - 2 Other Donations - £761 Transfer from NWB £479 Xmas Fund - 3 Other Income £15,000 Sale of COIF Funds - £3 Bank Interest Received - 4 Buildings Maintenance £250 Owain Sullivan - Ash Tree - £50 B J Elsworth - garden Waste - £780 Domain Electrical - £1,152 The Sanding & Sealing Co - £116 Petty Cash - £130 Hudson Electrical Services - £200 Owain Sullivan - Hedge Cutting - £180 Britannic Bifold - £204 Knighthood Fire - £110 Country Cleaning - £165 KCC - fire/water extinguishers - £1,200 James McLeary - painting - £140 N S Craft - £150 Carvills Furnishing - £408 Calvin Barden - £1,500 Greenbarnes Ltd - £1,195 Ashdown Audio Visual - £260 Nick Craft - £600 Sureflow Solutions - 5 Legal Fees £1,241 Rix & Kay - lease renewal - £1,540 Rix & Kay - employment matters / License to Occupy £480 Oldfield & Smith - market value of properties - £7,769 H3 solicitors - NWMTICO - £5,469 Rix & Kay - various advice - £3,287 Nissen Richards - Nutley land review and strategic opportunities report -5- CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to tho trusteesl members of Nutley War Memorial CIO On accounts for the year anded 31 March 2021 Charity no lif any) 1189344 Set out on pages IrLmembef lo i¥iclud4 rhe pègp. ntiint*r< (jf &ddrtlOl)d1 %hée.Isl I report to the trust8es on my examination of the accounts of the above charity (°the Trusf) for the year ended 3110312021. Responsibilities and As the charity trustees of the Trust. you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act.). I report in respect of my examination of the Trust's accounts Carried out under section 145 ofthe 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charty Commission under section 145(51(b) of the Act. I have completed my examination. I confim) that no material matters have come to my attention n connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connedion with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 0411012021 Namo: Allan Pinner Relevant professional qualificationls) or body (If any): FCCA Address: Little Orchard, Tylers Lane, Homey Common, Uckfield. East Sussex, TN22 3EJ IER October 2018