Charity Règi$tratlon Number: 1192259 The Radley Lakes Trust Unauditèd Receipts and Payments Accourrts for the year ended 31st July 2024 Wenn Townsgnd Chartered Accountants Oxford
The Radley Lakes Trust Contonts Page Charity Reference and Administratsve Details Trustees. Annual Report Independent Examinerfs Report Re¢elpls and payments accounts Statement of assets and liabilities Notes lo the Flnanclal Statements
The Radley Lakes Trust Charity Reference and Adminlstratlve Details For the year ended 31st July 2024 Charfty reg15tratlon number 1192259 Trustees Mr A Ashton Mr E Aslone MsSJBell Ms L J Crowley Drw D Fraser Mr D M M Guyoncourt Mr AJ Lawson Ms S Leeming Mr T J Parker Mr R M Thomas Mr hl G Wilson Mr C H Woolhouse Registered office 10 New Road Radley Abingdon Oxon OX14 3AP Independent examiner Mr B Hayes FCA Wenn Townsend Charted Accountsnts 30 Sl Giles Oxford OX13LE
The Radley Lakes Trust Trustees, Annual Report for the year ¢nd8d 31st July 2024 The Irustees Present their report and the fin8ncial statements of the ch8rity for the year ended 31 st July 2024. The tnjslees have adopted the provisions of the Statement of Re(L)mmended Practice {SORPI "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. TTUStees Mr A Ashton Mr E Aslone (appointed 30thAprtl 2024} Ms S J Bell {appoinled 11th September 2023) Ms L J Crowley Dr W D Fraser Mr D M M Guyoncourt Mr A J Lawson Ms S Leeming (appointed 11th March 20241 Mr T J Parker Mr R M Thomas Mr M G Wilson Mr C H Woolhouse Obj8ctives and activities The purposes of the charity as set out in ils governing document are as follows= To advance the protection or improvement of the environmtrnt of the Radley Lakes Area. by preserving, conserving. protecting. 8nhancing and managing the landscape, the terrestrial and aquatlc life of the area and their habitsts. To advance education in environmental matters in relation to the Radley Lakes Aa, by supporting, promoting and encouraging the provision of infomiation and instruction about such matters. To advance science by suppoiting. promoting arml encouraging research into the environment of the Radley Lakes Area and Ils consorvation, and the dissemlnation of the results of such research. To 8dvanc8 human health by supporting, promoting and encouraging activities in the Radley Lakes Area which contribute to the maintenance and improvement of human physical and mental health and well-being. The main activities undertaken in relallon to those purposes for the publlc benefit 8re- Planning and implementing projects for enhancing access lo, and the ecology of, the Radley Lakes area. These projects are guided by the Radley Lakes Maslerplan. which was launched in May 2021. Dialogue with landowners, fvnders, and other Stakeholde lo enable the prtiects to be successfully pursued. Running a series of events to increase awareness of the Lakes and the Trust and In some cases lo raise funds. Communication wlh the local community, by website. social medla, newsletter and meetings. Building a eOrk of Frlends and volunteers. both for fieldwork and administr81ic. Maintsining sound governance arrangements for the Trustee Board and its relationship with the Trust's Advisory Panel and wider membership. The Trust pro-activety seeks volunteers and lists all those interested in helping. whether in the field or wth other activities. Volunteers are very important to the functioning of the Trust.
The Radley Lakes Trust Trustees, Annual Report (continued) for the year ended 31 st July 2024 Publlc benetit ststoment The trustees have compfied with their duty to have due regard to the guidance on public benefit published by the Charity Commission In exercising their powers and duties. Achievements and performance The maln project focus during the year related to improvements to the south wesl corner of the footpath around Thrupp Lake. In additjon, ongolng maintenance work was undertaken ctrn other footpaths in the Radley Lakes area logelhEr with annual scythlng and clearance works on Barton Fields and Thrupp Green to maintain biodiversity. The Tnjst is indebted lo Radley Parish Council for funding the Thrupp Lake footpath improvements and to wide range of volunteers for ensuring the effective delivery of all improvements. A fvll programme of events was also wn during the year. The aim of these was lo raise awareness, account to Friends for the activities of the TriJsL raise much needed funds for the work of the Trust, and maintain a sense of community with respect to the work of the Trust. Our second Annual Forum wa5 held in November 2023. and included a talk from Paul Gamble on Yhings with Wings" which celebrated much of the bird and winged insect lrfe found in the Lakes area. The Twst held an inaugural Quiz Night in February 2024 and ils third Lakes and Cakes event in June 2024. Other activities included marshalling for the Abingdon Marathon in October 2023 to raise funds, and having a presence al the Radley Primary School end of term fete in July 2024. The Trust also offered a number of guided walks lo Friends of the Trust and a summer gui(leil walk for members of its Advisory Panel to view recent work of the Trusl and advise on future projects. The Trust continued to wden ils on-line presence through its website as well as its Facebook. Instagrain and Twitterlx sites, and has increased ils number of followers on each platform. The website typically receives over 50 hits a day. In addition, four newsletters were published during the year and the number of Friends of Radley Lakes Trust continues to grow and had exceeded 200 at the year end. The TnJ51 continues to ensure its voice is heard where relevant wllh respect to planning applications and consuhations. It has had specrfic interest in road safety and traffic movements along Thrupp Lane and continues to monitor plans for mineral extraction underneath Nyatt Field so that it can make approprlale representations to protect blodiversty before. during and after any future works. In participation in planning matters and consullations generally, the Trust has regard lo ils charitable objects and seeks also to work constwctivety wlh landowners and other interested parties, with whom it continues to devèlop relations. Flnanclal revlew {In¢ludlng reserves pollcy) The Trust's focus in 2023124 conlinued lo be on broadening its message, developing ils programme of events and maintaining momentum in project delivery. The Trust's expenditur8 on masterplan projects was £31.318. Grants from prior years assisted wrth funding projects as well as a grant during the year from Radley Parish Council for £18,658. The TNSI also rerEived support In klnd, notsbly from H Tuckwell and Sons Ltd and J Curtis and Sons Ltd. Fundraising events Iprtmarlly through the Qui2 Night and Lakes and Cakes) raised £2,395 and donations received Iprimarity through marshalling al the Abingdon Marathon and income from the Vale of While Horse Community Lottery) totalled £1.629. Further grant income of £120 was gratefully received from the Radley Village Shop. Expenditure on the Trust's own direct support costs, induding the CDsls of fundraising. of £2.46712023.' £1.0561 was relatively small. This was paid for by unrestricted grants, fundraislng income, and donations. A transfer of £223 was also made towards project costs. At Ihe year-end there was an unrestricted balance of £10,063 (2023.. £8,609).
The Radl*y Lakes TnEst Trustees, Annual Report (continued} for the year ended 31st July 2024 A financial policy was agreed In November 2023 which ststed that a reserve should be m8intsined of £2,000 plus bettveen one and hvo times projected annual running costs. with any eXsS reserve avallable for allocation to future projeGI5. stTUCture, governance and managemont Radley Lakes Trust Is a Charitable Incorporated Organisalion and is govemed by its Trust Constitution. The cunslilulion, which was updated in September 2024, provides for not less than three. nor more than tWee appointed trustees, and no more than nominated trustees, wlth Radley Parish Council and Abingdon-on- Thames Town Counc51 each having a right to nominate one trustee. At the year end there were twelve trustee5 as listed on page 1. The TTUSt also has 8n Advisory Panel of people with special expertise, for instance in land management and Idlife mcll0r1ng. whose advice is drawn on as needed. The Twst employs no staff and its functioning relies greauy on volunteer effort. In 202314 there were two lead volunteers with particular responsibility for website, soaal media and data management. This is in addition to the large number of volunteers engaged in field activities. Relationships with Radley Parish Council ar8 governed by a Memorandum of Understanding. This enswes appropriate Ilalson on matters of common interest bul safeguards the independence of both bodies. Signed by the Chaimian of the Trust on behaff of the board of trustees Craig Woolhouse 31 January 2025
The Radley Lakes Trust Independent ExaMineS Report to the Trustees of The Radley Lakes Trust I report to the charity trustees on my examlnation of the accounts of the charity for the year ended 31st July 2024 which are set on pages 6 to 8. Responslbllltles and basls of report As the charivs trustees you are responsible for th8 preparatlon of the accounts in accordanca with the requirements of the Charities Act 2011 {'Ihe Acf). I report in respect of my examination of the charity's accounts canied out under section 145 of the Act and in carying out my examination I h8ve followed all the applicable Directions given by the Charty Commission under section 145{5)Ibl of the Act. Independent examine¢s statemenl I have completed my examination. I confirm that no material mallers have come to my attention in connection with the examination giving me cause to believe that in any maleiial respect.. accounting records were not kept in respect of the charity as required by section 130 of the Acl., or the accounts do not accord with those records. I have no concems and have come across no other matters in connection with the examinalien lo which 8ttentSon should be drawn in this rew)rt In ord8r to enable a proper understsnding of the accounts to be reached. BHay Bsc FCA Wenn Townsend Chartered Accountants Oxford - 2025
The Radley Lakes Trust Receipts and Payments Account5 for the year ended 31$t July 2024 Note Unrestrlcted RestTlcted 2024 2024 Total 2024 Total 2023 Receipts: Parish Council grant fvnding Olhei grants received Fundraising events Donations 18,658 18,658 120 2,395 1,629 120 2,395 1,629 532 481 1,612 Total recolpts 4.144 18,658 22,802 2.625 Payments: Commissioned work Support costs 31,318 31,318 2,467 8,161 1,056 2,467 Total payments 2.467 31,318 33,785 9,217 Net of recÈiptsl{payments 1.677 {12,6601 110,983) {6,5921 Transfers betweèn fvnds 12231 223 Net movemont 1,454 (12,4371 110,983) (6,5921 Reconciliation of funds: Cash funds brought fOnard 8,609 14.041 22,650 29,242 Cash funds Carried fonvard 10,063 1,604 11,667 22,650 Statemenl of assets and Ilabilities Total 2024 Totsl 2023 Cash funds Cash at bank Petty cash 11,475 192 22,543 107 11,667 22,650 The financial statements were approved and authorised for issue by the Board on 31 January 2025. Signed by the Chaiman of the Tnjst on behaK of the board of Iruslees Cralg Woolhouse
The Radley Lakes Trust Notes to the Unaudited Receipts and Payments Accounts for the year ended 31st July 2024 Support costs 2024 2023 Fundraising expenses Insurance Vvebsile hosting Bank charges Accountancy fees 1.170 252 222 13 810 226 193 37 600 2.467 1.056 Fund reconciliation Balance at 2023 Balance at 2Q24 Income Expendlture Transfers Unrestrlcted funds 8.609 4,144 (2.4671 (2231 10.063 Restricted funds: 1.4 Barton Fields Hub and Link Path 2.1 Improvements to Phase 1 2.5 Thrupp Lane Footpath 8,504 5,537 18,504) 13,4701 12.197 1463) {30.8551 1.604 18,658 Total Restricted funds 14.041 18.658 131,3181 223 1,604 22,650 22,802 133.7851 11.6e7 Balance at 2022 Balance at 2023 Income Exp•ndlture Transfers Unrestrlded funds 6,302 3,519 11,212) 8,609 Restrlcted funds.. 1.2 Sandles Parking 1.3 Thrupp Lake Hub 1.4 Barton Flelds Hub and Link Path 1.5 Inlerprelalion Boards and Signage 2.1 Improvements to Phase 1 2.2 Sandles Biodiversty 5,078 3.801 11.6861 13,3921 13,8011 12,073 {1,9361 (1,6331 8,504 1,988 11,988) 7,500 3.314 11,963) 12.420) 5,537 {8941 Total Restricted fund$ 22.940 18941 18.0051 14,041 29,242 2,625 19,2171 22.650
The Radley Lakes Trust Notes to the Unaudlted Recelpts and Payments Accounts for thé year ended 31st July 2024 Trustees. and key managèment personnel remuneration and Èxpen$e$ The trustees neither reiVed nor waived any remuneration during the year12023.. £Nil). The total amount of employee benefits recelved by key management personnd is £NII12023: £NII)- The Twst considers its key management personnel Gomprise the trustee5. The trustees dld not have any 8xpenses rpimbursed during the year {2023'. £ Nill. Related party transactions There no related paty transactions durlng the year12023= £Nill-