REGISTERED COMPANY NUMBER.. 12134646 IEngland and Wales) REGISTERED CHARITY NUMBER.. 1194013 REPORT OF THE TRUSTEES AND UNAUDFTED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR CHILMINGTON MANAGEMENT ORGANISATION cCab8 Ford Willisms Chartorod Accounlanls IniY¢la Business Centre Monument Way Orbltal Pa¥k A5hford Kenl TN24 OHB
CHILMINGTON MANAGEMENT ORGANISATION REPORT OF THE TRIJSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are aEso directors of the charity lor the purposes ol the Companies Act 2006, presen£ their roport wllh the finarEd81 statements tsr the ch8rlly lor the year ended 31 March 2025. The trustees have a(bpted the provlslons of Accour)ling and Reporting by Charities.. Statement of Recornmended PracUce applicable lo th8rltle5 preparfng Ihelr accounts in accordance with the Fin8nual Rfjpong Sland8rd apFI1bI8 in the UK and Repubjic ol Irdand {FRS 1021 lelfecllve l January 20191 OBJECTIVES AND AGTWITIES Objectives and alms The Charitys obje¢live8, as set out In its goveming document. 8ra to prornote the benefit of fhe residents of Ihe aTe8 of benefit, wilhoul dist1n10n ol sex. sexual or4enlallon, ra¢8 or ol political, religK)us or other opinions by a8$0ciallng togetherth sald reddent5, the local authorfties, voluntary and other organlsatlons, th a common effort lo-. provide and maintaln accessible green open spaces promote Ihg ¢on38rvalion. woleclion. manag6manl, mainlanane8 and ImprovÈmsnt ol Ihé physlcal and nalur81 envlronmÉnl, and wovide facililles in the Interests ol soclal welfare lor education, recreallon, mental and physical hea#h and w81b8ing and leisure tlme occupallons Mlh the oblecl ol improiing the conditions of life lorthe said inhabitants Thls wlll Involve the advan(ment of Community devaloptn8nt and tizenShIp for th8 publlc benefrt, by the womotlon of good cit&enship and volunl88ring by 8neAJuraglng local people lo tske an actsve Interest In the clwlc, cultural 8nd Soal weware oflhe communlty. Public beneflt The Trustees confirrn Ihat thoy hav8 had due regard for th8 charity commission's guld8nce on publlc benefit. ACHIEVEMENT AND PERFORMANCE Charltable a¢tlvllies Ovér the p8St 12 months the CMO has und6rtaken a relendertng &xer¢lsè for the estate management sewices. Followng this process the successful bidder, Black Man8gem8nt UK Ltd was appolnlad on 20 March 2025. Our new aslate manager has worked hard lo become aware of all aspecls of the site armj whilst there were some Issues in thi5 process we are looklng forward to thls new working reL1tnshIp. The CMO is currently eKplortng a meanwhlle use for the land on the Barretts 51te whlch will eventually be allocated as allotmènts. As this us8 is someway in th8 future th8 possibllity of oth8r cornmunlty use8 are being explored. Alfftough the sustsinatA8 drainag8 sysl8rn known as the Lake 81 the Hodson D8v81opm8nt si18 has nol be8n hand8d ower for ownershlp. The CMO wort(ed In partnership wilh Hodson Development io irnprove the natural en%4ronment by cbaring the reeds which had become overgrown In rtaIn areas. The Comrnunity Cabin use by r8sid&nls rem8ins fow. several Initlallves sueh as Yoga ancl exerose classes in the
v?nlng% havè not gen8r8ted 8nough inter8St to b8 SUStain8bl8. This was dlsappointing hi)wev8r, knrilh the soon to bo
occupied apartments in this area the CMO wll try 9gain this y&8r to generate some inler&sl in regular use. Th2 board h8s explored some altenalives such as an anchor lenanl in the form of a child¢are facllity has also proved to be difflcutt as th8 IoGqlion of th8 toilets and th& size of the buildlr¥J belng n$traInIng factors. to make thls us& vlable. The CMO has continued lo bg oroan18ed and facilitated for varlous stnall sc81e comrnunity events over fhe past year such as Halloween crafts, Chrfslmas trees on eath ol tho Sitos and E8Ster egg trails. W8 thank 8v8ryone who has Jpported these inllialive5. R8pr888ntalives of tlh9 CMO 8tt8nded the S106B appeal Inqulry to answer quesllons on the eiridence that had b6en submilled to appeal on b8h8lf af asp8Ots effecttng the Trust. The unceTtalnly ol the outcome ol thls 8ppe81 ntInUeS to effect the avallable lunds and Ihereloro 11mils opllons for th8 Chari15ls gxpondttur8. Th8 insp8cior is expected to pub115h the deolsion ¢)n the appeal in the summgr 2025. The CMO has conllnuod to support Kent County Councll Ihls year to fadlltate an 8¥chaeolcoy prolect around the Chilmington slle, whlch L¥eate5 valunleerlng opportunllbs lor rÉsldÈnls. The CMO has continuèd lo wrsu8 0Utst8ndlng debts, In the llrst Inst&n¢e offerfng payment plans. Wher& thls approach has rrf)I b8an succasslul, wilh som8 r8sidents disputlng thelr Ilability. th18 has proceeded to County Court Stage, the outcome has been found in favour of the CMO. If paynI 18 still not forthcomlng. th15 then unfortunately restElls 8nforcement actlon whlch adds addlllonal cost for tho resident. Th88e additional recov&ry fees will not b8 paid from th6 trust accounts. Th8 dev81oprent still continues lo bulld out at a lower rate than orfglnally Ihought whld) has a substanllal Impact on tha amount of funds av8ilab18 IOT the Charity and the need t(> prudently manage the exlsling reseNe and scrullnlse exwndilurÉ. Page 1
CHILMINGTON MANAGEMENT ORGANISATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Approvad by order of th8 board ortrust888 on ........- and sign8d on its b8half by.. Jo 8 C LOckwd- Twslee Page 3
CHILMINGTON MANAGEMENT ORGANISATION STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME ANO EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unroslrlctèd fund Reslricl8d lunds Nolas INCOME AND ENDOWMENTS FROM Inveskn8nt incom9 Other Incom8 3.119 35,417 3,119 35,417 672 51,611 Total 38,536 38,538 52,283 EXPENDITURE ON C#arltable a¢tlvltl8S Aclwities as specified under s108 agemen1 14.423 14.423 Other 73.325 73,325 92,271 Totsl 87,748 87,748 92,271 NET INCOMEIIEXPENDITUREI 149,2121 149,2121 139,9881 RECONCILIATION OF FUNDS Total fund5 brought forward 209,640 2.120 211,760 251.748 TOTAL FUNDS CARRIED FORWARD 160,428 2,120 162,548 211,760 Th8 nol&s foym part of the8e finanGial statements Page 5
CHILMINGTON MANAGEMENT ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES statutory Infomiatlon Chilmington Management Organlsation is a charitale Gompany. Limmed by gu8r8nt88 and r8gi818r8d in EngkBnd. The charlvs reglstered number. principal addregs and nature ol operauon Gan be found thIn the Report ol the Truslegs. Basls of prèparlng tho flnanclal statèmants The flnancial 8lalomenls of th8 ch8rilabla company. vthich is a publ1¢ benefit entity under FRS 102, hav8 b88n prepared In accordance th the Ch8riti6s SORP IFRS 1021 'Accounting and Reporting by Charities.. Slalemenl ol Recommended PraLllce applitrable to chariti8s preparing their accounts in 8ceordance wlth th8 Financlal Reporting Stanijard applicable in the UK and Republic ol Iroland IFRS 1021 (effective 1st January 20191,, Fin2ncial R&porting Standard 102 'The FlnancSal R8POrtlng Standard applicabl6 in the UK and Republic of Irelgnd, 3nO the Companies Act 2006. Th8 fin8ncial slaiements have been prepared under the hi81oriral cost convenuon. The accounts are presented In sterllng whl¢h Is Ihe functional ¢vr¥ency of Ihe ¢h2ritablg company. Incom6 Income lincludng grant81 is rgcogni88d in the Stalemenl ol FInaCIal Actlyilies on¢e the chadty has enlillement to the funds,11 Is wobable that th8 incom8 will b8 r8ceived and the amount cAn be measured reliably. Exponditure LSabllS1ies are regnised as exp8ndSluro as Soon as there is a legal or con5ttuc(Ive Obl(1110n ¢ommilting th8 charity to Ih81 xpendllure, It is pmbabl8 that a transfer of 8conomlc bènèfits 111 be requlred in selllm8nt and th8 amount ol the obligation be m&asured r8liaNy. Exp8nditura is 8ecount8d for on an accmals basls and has been dassified under headings Ihat aggregate all cost relat¢xI lo the category. Whete costs cannot b direcdy attribu18d to particular h88dlngs they have been albcated lo a¢tiwlies on a basis consisl&nt th Ihe use of resourc88. Taxatlon Tho charily Is exempt from o)rporatlon tax on Its charilabb actfviles. Fvnd accounting Unreslrioted funds ¢an be used In 8ccord8nc8 With th8 ch8ritab18 oblectlves at the d15¢retlon of the trustees. Reslricled lunds cBn only be used for partScJJlar ra8lricled purp0888 within the objects of the charity. Rèsldellons aris8 when specified by the dorK)r or when lun(Ss are raSsed lor partlcular restrtcl&d purpo88S. Furlher explanation of Ihe nalurg and purpos8 oleach fund Is Induded In the notes to the fin8n¢lal statements. Dkbtors and credltors Dablors and creditors wilh no stated Interest rate and receivabb or payable wlhin one year are recorded #l transaction pric8. Any10858s adslng from Impaimient are ie¢ognlsed in 8xp8nd1tu. INVESTMENT INCOME 2025 2024 Daposit account Interest 3,11g 672 NET INCOMEIIEXPENDITUREI N8t Incom8118xpendlturel is slated after ¢hargingll¢reditingl'. 2025 2024 Independ8nt 8xamlners r8mun6r8llon - examlnalon and accountanfee 1,672 1,588 Pag8 7 eontinued,..
CHILMINGTON MANAGEMENT ORGANISATION NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- eontlnued Comparatlves for movement In fund5 Net movefflenl In funds Transf6r5 between tunds At 31.3.24 Al 1.4.23 Unr8strict8d fvnds General fund 251,548 139,9881 11,9201 209,640 Rè5trlcted funds Dsfibrillalor Fund mmunily Grants 2,120 11.9201 2,120 1.920 200 1.920 2,120 TOTAL FUNDS 251,748 139,9881 211.760 ComparA15ve nel movemenl In funds, Induded In the above a as follows.. Incoming restsur¢&s Resourcas 9xpended Movement In funds Unrestrf¢¢ed funds General fund 52,283 192,2711 139.9881 TOTAL FUNDS 52,283 192,271) 139,9881 Defibrillator Fund Thls fund repres8nts monies recelved spedfically lor th8 purthase of a defibrillator. Communlty Grants fund This lund reprÉ>8?nl8 gran¢s from thg CMO lo members of the community for the purposes of outr8ath. RELATED PARTY DISCLOSURES Durfng the year thg Chaiity prtKured SeceS lotalllng £60,000 fr(m Ashford Borough Council, Ashford Borough Coundl 15 lated by virtue of Mr B C Lockwood and Cllr H Hayward who are both Trustees. AN amount of £4,032 12024.. £7,532) was du8 to the Charity 8nd £nil 12024,. £60.0001 was due from Ihts Charity la Ashford Borough Council #l the balan sheet dal&. Page g