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2024-06-30-accounts

Painswick Beacon Conservation Group (PBCG)

Report of the Trustees and

Unaudited Financial Statements

For the year ended 30 June 2024

Charity Number: 1196183 – Registered 18 October 2021

Painswick Beacon Conservation Group Report of the Trustees and Unaudited Financial Statements

Contents

Report of the Trustees ............................................................................................................................ 3 Independent Examiners’ Report To The Trustees Of Painswick Beacon Conservation Group ............... 9 Statement of Financial Activities .......................................................................................................... 10 Statement of Financial Position ............................................................................................................ 11 Notes to the Financial Statements ........................................................................................................ 12

Painswick Beacon Conservation Group

Report of the Trustees

For the year ended 30[th] June 2024

The Trustees, have pleasure in presenting their report and the financial statements for the charity for the year ended 30[th] June 2024. This is the third report as a charity following the registration of the charity on 18[th] October 2021.

The first trustees of the charity were the members of the committee of Painswick Beacon Conservation Group which was an unregistered charity that had operated for many years.

The charity is a Charitable Incorporated Organisation using the “Foundation” model constitution where the trustees are the only voting members of the charity. The Charity also has an associate membership with anyone interested in the conservation of Painswick Beacon being able to contribute by paying a subscription and by attending work parties.

The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019)

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity Painswick Beacon Conservation Group Charity registration number 1196183 Principal address Old Forge Cottage, Butt Green, Painswick, GL6 6QS

Trustees

The trustees and officers serving during the period and since the period end were as follows:

Independent examiner Martyn Smith MA MBA BFP FCA FCT

Bank

Lloyds Bank Plc 12 Rowcroft, Stroud, GL5 3BD

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STRUCTURE, GOVERNANCE AND MANAGEMENT

The charities activities are governed by a Board of Trustees which meets as and when required to administer the business of the charity but no less than twice each year. Other than on initial appointment at the formation of the charity, trustees are appointed for a period of three years.

The main activities of the charity are in the following areas:

Governing document and Charity Objects

PBCG is constituted as a Charitable Incorporated Organisation using the “Foundation” model constitution.

The charity’s objects are:

Responsibilities of the Trustees

The Trustees have a responsibility to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Trustees should follow best practice and:

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Accounts and Reports Regulations. Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Trustee Recruitment, Training and Assessment

ln selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

During the year the trustees reviewed and agreed the Trustee Recruitment, Training and Assessment Policy together with this the Trustee Handbook and Trustee Welcome Pack.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

During the year the trustees reviewed the Risk Management Policy and the risk register.

ACTIVITIES

Cattle Grazing

The group has 7 Dexter cattle which are managed using the Nofence system. The cattle wear a collar with a battery/PV panel power source which uses GPS to plot the location of the cattle in relation to a virtual paddock created on the App by a PBCG manager. The cattle have learnt to respect an audible warning if they approach this virtual boundary because, if ignored, they will get a small shock. The system has now been used for a number of years and has proved transformative. There have been huge savings in labour and material costs plus a minimum of required maintenance by the group and the cattle have been successfully and easily moved around the Beacon to the various designated grazing areas.

The batteries have to be changed every 6 weeks in the winter but have lasted up to 4 months in the summer. The cattle are relatively easy to entice into a hurdle corral with a hay bale when the batteries can be swapped for new ones.

This year we have been able to keep the cattle on the Beacon other than for a short period of time at Cud Hill Common at the request of Upton St Leonards Parish. The cattle were taken there by trailer but were walked back to the Beacon. Additional areas on the Beacon have been grazed with the help of a bowser borrowed from Natural England in those areas not covered by piped fresh water.

Cattle movements and events this year:

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Natural England

During 2023 a lease was signed between the owners of certain parts of Painswick Beacon and Natural England. In the main this covers the open grassland areas. PBCG will continue to work with Natural England with aim of continuing to meet the charities main objectives. The charity received a grant of £4,950 from Natural England during the year to support our activities.

Working Parties

Summary of work undertaken

Notable gains

Overall the work-party groups had another successful year.

Volunteers

The charity relies on the work of volunteers and its trustees who are involved in the management and care of the cattle and in attending working parties. The trustees thank all those who have volunteered their time during the year.

Education

The trustees intend to hold an annual meeting to explain the objectives and activities of the charity over the previous year.

An open meeting was held on 14[th] September 2023 when reports were received from the chairman, secretary, treasurer and work-party leader. There was also a talk by Dr. Kathy Meakin entitled “Is nature conservation dead? Wilding and natural recovery”. The 2024 open meeting was held on 19[th] September. We are planning to hold the next meeting in September this year.

Informative guided walks on the Beacon were organised by Paul Baxter in July 2023 to explain the activities and objectives of the working parties and further walks were held in July 2024. Projects

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PBCG has commenced a project to carry out an ecological survey of Painswick Beacon. With the help of Dr. Kathy Meakin, an initial survey is in progress following the training of a number of volunteers to complete an initial survey. Regular surveys will then be undertaken so that changes in the flora and fauna on the Beacon can be monitored.

FUTURE PLANS

FINANCIAL REVIEW

The charity made a small surplus of £573 (2023 - £287) during the year. A significant grant was received from Natural England during the year and this enabled the charity to initiate the ecological survey, carry out volunteer training and replace some equipment. The charity continues to be in a strong financial position with reserves in excess of £15,000.

Reserves Policy

The charity has no formal reserves policy. The charity currently has total reserves of £17,010 (2023 £16,436). Most of these are unrestricted meaning that they can be expended on any of the charity’s activities.

The charity has only a small amount of regular income but has annual expense commitments including grazing and fencing costs, insurance and training. The charity therefore needs to maintain an amount of reserves to meet ongoing commitments in the near future.

In recent years the charity has been successful in attracting levels of grants and donations that provides a secure base for the charity’s activities.

Particulars of Any Outstanding Guarantee Given by the Charity

The Trustees declare that the charity has given no guarantee where potential liability is outstanding at the date of the statement of assets & liabilities.

Particulars of Any Outstanding Debt

The Trustees declare that the charity has no outstanding debts which are secured by an express charge on any of the assets of the charity at the date of the statement of assets & liabilities.

Major Risks

The major risks of the charity are:

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STATUTORY DECLARATION ON PUBLIC BENEFIT

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

Approved by the Board of Trustees on 3[rd] April 2025 and signed on its behalf by:

Richard Aspinall (Chairman)

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Painswick Beacon Conservation Group

Independent Examiners’ Report To The Trustees Of Painswick Beacon Conservation Group

For the year ended 30th June 2024

I report to the trustees on my examination of the accounts of the Charity for the year ended 30[th] June 2023.

Responsibilities and basis of independent examiner’s report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Martyn Smith MA MBA BFP FCA FCT Butt House, Butt Green Painswick GL6 6QS

10[th] April 2025

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Painswick Beacon Conservation Group Statement of Financial Activities

(including Income and Expenditure Account) For the year ended 30[th] June 2024

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Investments
4
Total
Expenditure on:
Charitable activities
5
Total
Net income / (expenditure)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
Restricted
Funds
2024
£6,190
£400
£6,590
£500
-
£500
£182
-
£182
Unrestricted
Funds
Restricted
Funds
2024
£6,190
£400
£6,590
£500
-
£500
£182
-
£182
Unrestricted
Funds
Restricted
Funds
2024
£6,190
£400
£6,590
£500
-
£500
£182
-
£182
Unrestricted
Funds
Restricted
Funds
2024
£6,190
£400
£6,590
£500
-
£500
£182
-
£182
2023
£2,054
£500
£36
£6,872 £400 £7,272 £2,590
£6,299
£400
£6,699
£2,303
£6,299 £400 £6,699 £2,303
£573
-
£573
£15,876
£560
£16,436
£16,449
£560
£17,009
£287
£16,149
£16,436

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Painswick Beacon Conservation Group Statement of Financial Position For the year ended 30[th] June 2024

Current Assets
Debtors
6
Cash at bank and in hand
Liabilities
Creditors - Amounts falling due within one year
Total assets less current liabilities
The funds of the charity
Restricted income funds
8
Unrestricted income funds
8
Total Funds
Notes
2024
£1,239
£17,825
£19,064
£2,055
£17,009
£560
£16,449
£17,009
2023
£1,057
£15,421
£16,478
£42
£16,436
£560
£15,876
£16,436

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Richard Aspinall Martin Collins Chairman Treasurer 3[rd] April 2025 3[rd] April 2025

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Painswick Beacon Conservation Group Notes to the Financial Statements

For the year ended 30[th] June 2024

1 Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.

Painswick Beacon Conservation Group meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Fixed assets

Fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets over their expected useful lives on the following basis:

25% Straight line

Funds

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

The following specific policies are applied to particular categories of income:

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:

Taxation

The charity is exempt from tax on its charitable activities.

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Painswick Beacon Conservation Group Notes to the Financial Statements Continued For the year ended 30[th] June 2024

2 Income from donations and legacies

Associate Member subscriptions
Donations
Grants receivable
3
Income from charitable activities
Tree and other maintenance activities
Grazing income
4
Investment income
Bank interest receivable
5
Costs of charitable activities by fund type
Unrestricted
Funds
Restricted
Funds
2024
£586
-
£586
£654
-
£654
£4,950
£400
£5,350
Unrestricted
Funds
Restricted
Funds
2024
£586
-
£586
£654
-
£654
£4,950
£400
£5,350
Unrestricted
Funds
Restricted
Funds
2024
£586
-
£586
£654
-
£654
£4,950
£400
£5,350
Unrestricted
Funds
Restricted
Funds
2024
£586
-
£586
£654
-
£654
£4,950
£400
£5,350
2023
£515
£1,139
£400
£6,190 £400 £6,590 £2,054
Unrestricted
Funds
Restricted
Funds
2024
-
-
-
£500
-
£500
2023
-
£500
£500 - £500 £500
Unrestricted
Funds
Restricted
Funds
2024
£182
-
£182
2023
£36
£182 - £182 £36
and activity
Project expenses
Repairs, fuel and spares
Other work party costs
Grazing and fencing costs
Contracting costs
Meeting & education costs
Training
Insurance
Unrestricted
Funds
Restricted
Funds
2024
2023
£1,650
-
£1,650
-
£1,516
£400
£1,916
£356
£184
-
£184
£174
£818
-
£818
£1,003
-
-
-
-
£80
-
£80
£50
£1,312
-
£1,312
-
£739
-
£739
£720
£6,299
£400
£6,699
£2,303

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Painswick Beacon Conservation Group Notes to the Financial Statements Continued For the year ended 30[th] June 2024

6
Debtors
Prepayments and accrued income
7
Analysis of Net Assets Between Funds
Current assets
Current liabilities
Net assets at 30 June 2024
8
Movement in funds
Unrestricted Funds
Balance as at 01 July 2023
Incoming resources
Outgoing resources
Balance as at 30 June 2024
Restricted Funds
Balance as at 01 July 2023
Incoming resources
Outgoing resources
Balance as at 30 June 2024
Total funds
Unrestricted
Funds
Restricted
Funds
£16,449
£560
-
-
2024
£1,239
£1,239
2024
£17,009
-
£17,009
2024
£15,876
£6,872
(£6,299)
2024
£1,239
£1,239
2024
£17,009
-
£17,009
2024
£15,876
£6,872
(£6,299)
2023
£1,057
£1,057
2023
£16,394
£42
£16,449
£560
£16,436
2023
£15,989
£2,190
(£2,303)
£16,449 £15,876
£560
£400
(£400)
£560
£17,009
£160
£400
-
£560
£16,436

Purpose of restricted funds

Restricted funds relate to grants for contracting work and a contribution to Nofence costs

9 Trustee Remuneration, benefits and expenses

No trustees are paid any remuneration or receive any other benefits from employment with the charity.

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Painswick Beacon Conservation Group Detailed Statement of Financial Activities For the year ended 30[th] June 2024

Income and Endowment
Donations and legacies
Associate Member subscriptions
Donations
Grants receivable
Charitable activities
Tree and other maintenance activities
Grazing income
Investments
Bank interest receivable
Total income resources
Expenditure
Specific projects
Beacon ecological survey
Charitable activities
Repairs, fuel and spares
Other work party costs
Grazing and fencing costs
Contracting costs
Meeting & education costs
Training
Insurance
Sundry expenses
Total Expenditure
Net income/(expenditure)
2024
£586
£654
£5,350
2024
£586
£654
£5,350
2023
£515
£1,139
£400
£6,590 £2,054
-
£500
-
£500
£500 £500
£182 £36
£182 £36
£7,272
£1,650
£2,590
-
£1,650 -
£1,916
£184
£818
-
£80
£1,312
£739
-
£356
£174
£1,003
-
£50
-
£720
-
£5,049 £2,303
£6,699
£573
£2,303
£573 £287

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