Chariti. Tegi5tritioD number 1196859 IVALTOi% ALLOT.MENT ASSOCIATION CI ANNUAL REPORT AYD LINAbDITED FINANCIAL STATENIENTS FOR THE I'EAR ENDED 30 SEYfEMBER 2024
WALTO,N ALLOTMENT ASSOCIATIO CIO LEGALASD.4DMENISTRATIVE INFORMATIO Richard Hugh Watkins CaTr.l Rcginauli Chas Lu7 Andre Thom&$ Jackson Jillian Skinner William Taylor (Appointed l Y Av¥us12024) Chrltv number 1196%59 Registered offict ? ThL Quinlct C'hur¢hfif Id Road Walion on Thomcs SurrL'y Llniied Kingdom IQTI ? ?'I'/. Accountsnts id 14oivdrd I Park Road 14ainpton Wick Kin¥510n Urn Thames KTI 4AS
WALTON .4LLOTMEI¥T ASSOCI.4TIo CIO CONTE,N'TS P¥J%e Tru%tees It)rt Aecountanls. rewrt Siatement of financial aclivilies Balancc shcct Noles lo Ihe financial slutemenis 9-16
WALTOIN ALLOTMENT ASSOCIATIO.N' CIO TRI:STEES REPORT FQR THE YEAR E.,VDED 30 SEPTE,VBER 2024 ThL I I51C5 prcscnt thcir dnnual rcN)n and filnla1 slalcmcnls for )¢ar ¥nd¢d 10 Scpl¢mbcr- Thi finjneial sialcincnts I'L been prLI)ar¢d in accordanc¥ Il'lth ihc accounting policies sct out in not¢ I to ih financial statLmcnts and complv ,]lh Ihc Charity's govcrnin& docum¥llL lh¥ Charilics Act 2011 and "ALLountin& dnd l4EKlrting by Charitics.. STalLmini vl- RixumwncndLQ PrdLlicc appliLdblL to Lharill¥% pr¥p&ring IhLir acLDiinls in dLLvrddn¥L W'lth thL Finaniiul RLPOrtinb StandaTd appliiablL in ihL UK dnd RLpubliL of Iruland IFRS 1021" ILffLX'fii'L l January, 20191. Ubjectlves and *ctli'itles Thi priniary. piirposL ul. th¢ Lhariry. 15 th¥ mana¥¥mLnt of allotmLnts in Wdliun on Th¥nK"S Di5triLt iii thL iniurc%i¥ of SOLial ¢llre lor rcsidcnls of thc DislriLI. wilh s111( rcburd io rLxrculionlleisurc tiine M'irli th vbJ¢LIii'¥ vl- tmpruvin¥ ihcir LO111(n dnd LnjuymLIii vfiifc. Thc sccoii¢Jary purpos¥ is lo promoic lor ihc bcncfil of ihc public. Ihc consL'rwation. proicclion and iii)pro¥'eineni ol- IhL Lnvirovnieiil druund ilie dll(IimLll1S. e5peciiilly ihr()u¥li Ihe ci)n%en.'AIiLin ol. naiural re%()urce%, wildlile dii"er4ily and learning. The Tru4lLC4 hai'e paid due rcgard 10 guidance i%%ueJJ by ihe ChariLy Comnii%%ion in d¢¢idii)8 whai aciiviiie the C'harity %hould undertoke. Ai'lll'lllg.I The main ociiviiieg ol'ihe chtsritv are to.. manab7e the relationship M'ith ihe landlord of the allotment siies. the Waltoii C'hariiy IResJislratioi) nLiinbL'r I1115Y5YI ¢oll¢¢¢ aiid manage tlie tenani fees poy Ihe ()peniinbP expeiise% of ihe allntment sifes hi)Id electinns f()r ihe r¢pr¢sentatii'es of th¢ four sites • raise funds through grdni application% iii ¢(Trllab(Trraiion M'iih WaluTrn Chariiv • adminisier ihe di%burs¢meni ol- grani funth io aPprO¢d proJKts in a¢coidan¥e wilh ihe requircm¢nis {)I'ihi grdlli i5SUCP• Thi, charity docs noi mak¢ thny b¥rants and the is no polic) on granl making. Achlei'ements and performAn¢e rh¢ 'l'rust¢¢s hav¥ r.:IlcL1¥ on d yldr of gThiwih. Liimmunitv ciigiagcmenl, and thc ini'aluablc Lvnlribution of our vulunlLLfs In supporting our f(Ivr iillvtmLmt across ihL Walion on T]M¢S district. All()Itn¥nls pr()vidi far morc than jusl a plaLL Iv gro. i-i"gLlablLS thLy otTLr a Sanctuary tor WLII-bLinb. leai'iiiiig. and SilLial LonneLtivn. Our silcs ¢vura¥e individuals dnd familie5 10 engage '1{h naiiire. d¥'vLIvp gardLning %kills. and lorgL fricndships With IclloH" ploi hold¥YS. In dJdilion. yllotmcnis contribuic to lucal Suslainabilily b). rcducin¥ food mil¢s, ¢ncournging biodivcrsil}'. af)d crcating grccn spacLS thai benrit thL en¥ ironmeni. The phs%icJl menlal healih benefi14 of gardening have been well-docunienle(L and we are proud ihai our %itLS coniiniie io otTer a peaceful Tefugic where members can escape the stress of daTrlJ' lit¢. ¢oiin¢¢t with others, at]d contribute to a hcalthicr. greener coinmimii .
ALTO.N ALLOTMENT ASSOCIATION CIO TRUSTEES REPORT ICONTINliED) FOR THE YEAR EJI'DED 30 SEPTE.MBER 2024 'c hai'L LONtillULd ..ith iniliali¥'c5 to mdkc uur all(TrtmLllis invrL' inilusikL. providing oppurtunilic5 for PLupIL of ull agcs and abilitics io cngag¢ w'iih naturc and Lmjoy ihc bcncfils of growing fo()d and flow¢rs. This ycJr, Ihanks lo lh¢ dldication of voluntc¢rs and ihe 8Lncrthiiy of donors. Ivc have succcssfully compluicd cvcr81 projecls aimed ai improving our allotrnenl sil¢s. Sile Teams have focused on getiing to k'nom, tenanis. helping th0 who ha&e diificuliy in maintaininb their plots to etther re.%ume aciive culiikaiion or iemiinate iheir tenan¢ie% io awommodaie prospectii'e tei)ants oil tl)e 'aItIng lists. Added water butis and ¥uiterin to suitsble sheds for 16 t¢nai?ts across the four sites, witl) the n111crials and labour donated by Walti)n Charities. Made n¢w plot numhering slak¢s usin¥ recvcled wth)den pallets. to make it ea.sier for the Sile Teams to Id¢n¢ify plots and for new ienanis to lind Il)eir plcbts. The Rydens Road Site Team coinpleicd ihe Il'ildlife Pond proJ¢LI. crowdfunded by i¢nantS M Ith lunh¢r donaii()ns from British Airw'as's. Waitrosc. World ol- Waicr. OtlcT Nurscry and Squiiib tidrdL'n CLnirc. A largc arLa of Ihl R!.dcns Road %ilC 'aS coni'crtcd iniv a n¥M' ploi. d iOlI)munity frnil orchard. dnd Iinanis bpdihirinbi dfid und¥f d p¥rbpold. Swnsur%hip w'd obidillLd fruiii ihL N'dtiL)Ildl (iard¥n %ih¥iML through IhLir Luinwniinity &TJrdLn bTranl. SurN'y C'ouniy CuunLil. w1]dn Trust. RHS Wi51Ly, .8quircs Garden C.¥ntrL' and a donation from a Iixal rL'sidLnl. Nonc of this would be possible wiihoui ihc dcdicaiion and hard work ol'our voluniccrs. W¢ ¢XiCDd our deepesi gratiiude to our Adininislrator M'ho oi'crscc5 Ihe annual tenant billing proc¢s5 and Inanag¥s th¢ W'AA inbox, hdiidlinb? iiiuch (Il- the dJy-to-da)' opcrali(Ins around ¢nsuring fhdi m¢SSdge5 scnl lo t¢nants" dnd ihc I), ppIiLalii)ns and wailinki liJls arL kLpI uwldiLd. WL wc>uld also lik¥ Iii LxpfLiS our hLiinfLli ihanks tv our SilL RLpri%¢ntatlVi¥. wliose daily L.tTorts in siipporling plL)T holdcr%. mainlainin¥ fdLililics. and foslcrin¥ a wclLomin¥ LFivirvnmLni Indk¥ vur sitL'S Ihe SPLLidl plaLCS ihcy dfL. Your Pdssion dnd dcd1110n cnsurc thai our alloimcnl$ rcmain a sourLC of juy. prid¢. ¥ciiiri¥¢liun. lind produ¢tivity for many indiiJudls and familiLs. On bL,hdll- Dl- thL Trustll% dnd ihL Lntirk Lommunily. our &'ipLs1 appr¥xi¥livn iu ¥l'¥ry4)n¢ who hd ¢(Trnlribulid iv lh¥ sts¢cL¥s vf vur dlluimLnis. Tv&trithLr. wc Murturc noi vnly thi land but &150 ihL spiril or L(Iininunily dnd LoopLration thdt dLtin¥5 our assoLiali()n. Lix)kin¥ ah¥¢id. M'e r¥m#Lill Lummiticd 10 sirinwhLning our A&s(Kiaiion. Lxploring wa>5 to cxpand cnga¥Lm¥nt. &nd supponin¥ iniliali*c5 ihul cnhancL ihc Ivng-tcmi suslainabiliiy (Trf (iur 2llolmeni silLS Ic) 'n.sure ihJl our sitcs remain accc&siblc and bcnificial io all. Fln4ncial rei'ie During ihc plnod ihc churil). had incomc rcsourcva of £22,R?9 12023 £40,61 J) dnd a IDial cxpcnditurc of LI 6,39912023 £42,971 I reèluliing in nei surplu% of £6.430 (20?3 delicit £2.35%). Ai Ihe end of ihe financial year. the charit). hol(Ls resen'es of £ l (y.0701202.3'. £9.6401. retleciing a Siable of the pLriod Iinancial position. These reseries proi'ide a safcty nct for fvture operational ne¢d% ond unexpected eipenses, <nsurin8 the charity's coniinued abiliiy to wnaBe its four allolment siies effectively. The Tru%tees reniain cnminitted to balancing the charitv's income and eApendiluTC. alloi%'ing for sustained cnmmunity impact while mainuiniDg prudeni financi31 managemeni fnr Inng-ienn.%tability.
WALTON ALLOTMENT ASSOCIATIOJ CIO TRIISTEES REPORT (CONTIvED) FUR THE YEAR EJVDED 3OSEPTE.VBER 2024 The C'har>ty's policy for holding resen'es 18 w cover operational expen%&8, d)e largehi of whicl) is for piped munieip411 water. which consutnes the bulk. of income under the curreni cosi-sharing aangemen1 with Walton C'harirv. Thi8 percentage will increase as Walion C'hariry ¥ndually withdrnws financial suppon lor WAA. and In ?1196 the Association .111 be re%ponsible fnr IIMP.'ts nf ilie ival¢r bill. Iii the 20?4 Financial Year. Ihe chtS %Durces of were: Plot fees. which are charged annually at a rate depend¢ni on plot Si7e and sile. The Trnslees Iiote that the WAA plot fee5 are $ome ol-lhe lowesi in the ¢ouniry. ai £50 per-annum for a full plot. The avernbre annual iillotnient fee in the Uiiited Kingdom I]CallY rdn¥es from £30 to £1511. depending on facior4 such as the location. size of the plor. and the faciliiies PTovided. -4 ¥raTit for the creJtithn iTrf'a wnd dt Rs'deiis R(yad allotment si, Cnpleted in Ihi% fii)aii¢ial year. A gTrJnt for the Rvdens road conin)unilv 8arden projecl A &Tfdni Inr Ihe Burhill allotmeni sile 'I'hLfc 15 no invcsimcnt policy. "I'hL prinLipdl ri%k facing7 the Lhdrilv is a shk incr('asL' in H'drir Lxpinscs. As IhL' niilLr rL'adin&i%. LStimdlL. nd forii¢1St% provid¥d by CdStlk WJlLr in¥onsisicni and unrL"liabli. IhL TruslLiS .111,¢ thdt il is pThdLnt to h(Trld hibhL'r ft5L'rves in LJse a 11 aml proper mcler readingi for Lach of thL 4 sill is obtained and proves lo bL hibphLr ihan ih¢. forLxa%ls. 8iru¢tur¢. Eov¢fnAn¢¢ and mn¥gem¢nl ThL Lhiirity ()pcralcs tindcr a Tnisi DLcd ihai i)ullinL thc lenTts and LonditiL)ns fvr ihL' Lliarit)"s opcrativns. 11 %iifinis ihi wlis and riswnsibiliri¢s vf lh¢ Iru.%t¥L%. IhL. finan¢i#l as511s hild in lh¢ ITU.%l. and th¢ bL"nLfiLldriC5 who ivill bin¢lii from thi im¥1. It spcrifi¢s how Ihc alloimcnl siic 8ss¢15 l¢ascd from 11.kJlion L'haritv ari 10 bc Inuiiuged und used. pro¥ idiiig u ilear framewoi'k for ihe InL%lee5 lo follow und io ensure ihe proper hHndling ol. IhL cillotmeni SilLS acLordin¥ io ihc H'ishe% of Walion Chariiy. WAA is con4tituted a.s a C'harily C'IO IL'haritahle IncoryJoraiLd Orgvanisatii)nl, providing Ihe chari¢y wilh iiicoiporaied staius so ihJl it Lan enter into LIllllrnLL%. hold asseis. and empluv .stalT iii its own nanie, Tliis slnictur¥ OITcrs limitcd liability pro¢¢ciion for trusictr. cnquring they arc not pcrsonolly liable f()r Ih¢ charit) s debt8. as Inng aF they aet w'ithin the law and their dutie%. The Tru.4le¢% who served during ihe vear and up io ihe dale oFsignaiure ofihe financial %talement% were.. RiLhard Hugh Watkins (Ap)lntCd 19 Auwsi 10?4) C ary'l Reg?nault Ch:15 LOZL .4ndrL Thomas Jalkson Jillian Skinner Willidm Taylor
WALTON.4LLOTMEIYT ASSOCIATION CIO TRUSTEES REPORT (CONTINI',ED) FOR THE YEAR E.WDED 30 SEPTE,VBER 21124 Wheii a Trusree Tolc 14 I'acant. Ihc vacanc) is advertised to all plot holders to invite those who are interegtcd in the role io appl}. Potential candidaies are asked io proi.ide iheir L V and a shon siaiemeni of why tliey wish io be a Inlslee. C1ndidaie.s are reN'iew¢d hy ihe Tru.4iees. and shurtlisied one% are conthc¢ed foT an inten'iew by 2 nr m()re T¥u%teeq. Il'here possible, InterviewE are held tn persan. When noi possible. interview4 are ol'er a 'iitual meeting plaiforni. Candidale sultability is diSc$Sed. and a consensus decision is made on the hest caiididate to fill the vacant role. There ivere tw'o Twstee vacancies in the ?U?4 FinanLial Year under con$ideration for Ihii> report. Nominations 'ere r¢c¢ii'ed and rhe As.gocia¢ion interviewed Jnd appointed Richard Watk'ins aiid Adam Brndbury in Augiii£t 10?4. Adam Bradbury resigned in Febrnary 2025 for personal r¢asons. and '¢ ar¢ &>r2ttful to have r¢¥¢ived li1% advice and ¥uidance lor 6 months. 'or th¢ 2024 kin4n¢ial Year. thc Trustccs sharLd an adminislraiive assislant .]lh Walton Charity. This 18 pmN'ided a complimentary service hy Walii)n C'hariiy. ThL i)rg¥anisational stniciure of ihc charity is.. Chiiir.. Jillian Skinn¢r Trcii%ur¢r.' I'acani {was Dcrck Williamson) Adiiiinistraiiorb.. Sardh Ivinbdii OthLr TTh4lL¢S.' JdviiL. I'otinbi as applilablc Statement ttf Trnslees relponslbllliles I'hk Truslee% are re%poiiible for prepuring ihe Truil¢¢% R¢porl and the fin4ncio1 sthi¢m¢nt% in accordo11¢¢ with JppIILable law and Uniied Kingdom A¢¢ouniing Siandards (Llniied Kin¥dom tienernlly A¢¢epied Accouniing Pru¢li¢el. The law appliLable io charities in Enand and Wale4 requires ihe Tru4iee% io prl'pllrc financial %tatemcni% for edch linJncial year which gyji'c a tru¢ and fair % iew of thc $te of afyairs of the Chariiv and 17f ihc incomin res(iurfj¢% and application (yf rewurLes ofthe I'harity li)r Iliai year. In preparing the financial ststemeni.4, Ihe Tru%te¢s are required in-. .5cIcLI Sultable accounling policics and th¢n appls- thcm consi51cntly; - vbsLfvL IhL mlihodb and prinL1pIL in CharitiLs SORP- IlldkL jud8LmLn15 and c5timatcs that ar¥" rcasonablc and pr¥Jdcnl: sldle whcihLf dppIiLdble aLLouniin4 sundards havL bMI rv1lv¢d. subj¥LI to any matcrial d¥ydnur¢s disLlv>¢d dnd i'xpl&in¢d in ihc financial staicmcnts.. and Prepare ihe Iinancidl sldiemenis vn Lhe going concern basis urtlc%s il tb InllPPTopriaie 10 pr¢sum¢ ihai Ihe Lh£ll'ily will coi)Linih¢ In 0[alOrt. ThL Trusrees are rL%ponsible for keepinbi sufficient accounttiig CordS that di10¢ '1th reasonable accuracy ai ai)) tinie the financial po.8ition of the C'harii}' and enable them lo ensure iliat ihe financial siatements comply witli the C"harities .4ct 2(11 l. the L"harii}' 1.4cLounLS amd R¢iN)nsl R¢Liulaiions and ilie prOlS1on$ of ihe tru.41 deed. Thev are al.qo responsible foi re¥vOr(lIng the a$5eLs nf ihc Charity and hence for takinb rea4onable 8tep% ftsr the preventinn and deteciion of fraud and other irregularities.
WALTO.) ALLOTMENT ASSOCIATION CIO TRUSTEES REPORT (COiYTIjL'F.DI FOR THE YEAR EII'DED 30 SEPTE,VBER 2024 Th¢ Tru5rc¢s rcN)n w'as approv¥ by thc Board of Tn1¢¢$. Jtrlliaii Skinnknr Chairman of Trustees DalL'.
WALTO .4LLOTMENT ASSOCIATION CIO C'HARTERED ACCOUNTAP4TS' REPORT TO THE TRIISTEES ON THE PREP.4RATION OF THE LIN.4L' DITED STATUTORY fr IN'A%1 CIAL STATEMENTS OF 11:.4LTON ALLOTNIENT ASSOCIATION CIO FOR TIIE I'EAR ENDED 30 SF.PTEhlBLR 2024 In ordir io dS5isI yoil lu fulfil your dulics under ihL ChaTiiiCS ALI ?01 l. wc hakc picparLd for your apprLival Ili¢ fiiiancial slatcmcnts of W'dlion AIIoirnLnt Associaiion CIO f()r ihc ycar ¢ndcd 30 Scplcmber 2024. which ¢ompris¢ Ih¢ stdlLmcni or rinancial acliviiics and Ihc rclatcd nolcs from IIK. chllrily s u¢¢ouniing rccords awHI Irom ii?lorn?alioi) ¢xplanELlions you have givei) u$. Af a pra¢rising member tirm of the Insiltuie of Chartered Accountant4 in England and Wales. we are subject to its eihi¢Jl and other profthsional requirements M,hich are detailed ai hllps-'/www.icaew.¢omIieuI91l0n. Tl)is report is made to the ¢hdriry'ts Trustees, as a body. in aciordance 'Ith ihc tcmis of our ¢ngagLm¢nt letter daild 2910412025. Our work ha5 be¢n widcnakLn solely tu prp for ¥our appr(>i'al thL financial %talLmLnis ol. Wdlioii Allotm¢ni A%sociJLion CIO and %iate [htse mallerN Ihal w¢ hdi'e #greed lib sldle 10 the charil>'. Tri).4le¢%. a% u body. ii) Ihis report in uccordance H-iih ICAF.V4 TechniLul RclL'&4c 07116 AAF. To ihe lullest exiLni rMilled b). law. we do nol ac¢epi vr J%%um¢ resrKYn.%ibili( io anyone oiher Ihan Walion Allnimenl As40Lldtion CIO and ihe charilv's Tru¥we% ai a body. for OUT I4'ork or for Lhis r¢port. It Ib YOLIT duly Iu LnsurL rhal Wuliun Alloimcni AsS(Kl41ion CIO hds kcpl adcquaic aLLuuiiliiig rL¥vTds' iiiid i prLPdrc lilanjiory findncial .%taicmLlli% ihdr ¥ivc a truL' and fair i'lV of Ihc liubilillC4 financial )SitIon lid Jurplu> ol. {171n AlluimLni A550¥i41ioii C11). You ¢on%idcr ihai Wdlti)ii Allolm¥ni A4sociJii<)n CIO iy exenipl lftTriii Ihe %laluLOry audit requiremeni for ihe year. and L% 1701 re4uir¢d io obiain an indepeiideni exdJiiine¢% report. WL havc not bL'Ln instruc¢Ld iu Larry oul an audil vr a rrn"iiM' of ihc finanLial ¥tottyminls of Walton All()tinLI)r AbSLILiaii()n c In. For thib fln. U'L hdVL noi i'LrifiLd ¢hL acLuraiy or of th¢ a¢Lounling rLLcirds vr infcirmutivn and ¥¥plai)aiiuns you have us and 'l do not. thcrL'lure. expresb dny opinion vn Ihc ¥tdrutury finanLi&l sthiemcnts. Vth D*i'td How4rd 0210612025 C.'hgrtered A¢¢ountan15 I Park Road Hampion Wirk King%tnn bn.1"haMeS KTI 4AS
WALTOLN ALLOTMEL¥T ASSOCIATIONI CIO STATEMEryT OF FINANCIALAcfiviTIES INCLI'DI.NG INCOM£ AND EXPENDITUREACCOUNT FOR THL YEAR E.NDED 30 SEPTE,VBER 2024 Unrt5tri¢ted Restrict funds fundy 2024 2024 Totsl Total 2824 2U23 In¢ume Irom: DonAti()ns and lega¢ies CharifublL (litiviliLS h,456 6,456 16,373 2R,n74 ?,539 16.373 I'ot¥l Ineom¥ 16.373 6,456 22.829 40,613 on Q'haritJble dctii'iiies 4.6Y3 16.39 42.IP71 Net Incomel(expendilure) for Ihe i'e*rl .Ntl moiemenl in funds 4.6()7 1.763 1? 35%) Fund balai)ces ai l October 2023 9.(AO 9,64 11,998 Fund balances 4130 September 2024 14.307 1.703 16.070 9,640 Th¥ 51at¢mcnt ol'financial aciiN'iÉies includes all gains and losses weognisd in the yeaT. All in¢ome and expenditure derive fron) conlinuing activiti¢8.
WALTO,* .4LLOTMENT ASSOCIATION CIO BALANCE SHEET AS,4T30 SEPTEAIBER 2024 2024 2023 Current 855et$ DLbiors Cash ai baiik and in hand io •5.53 15.fi34 25.538 17.923 CrL.dltors: amounts falllng due wlthln (9.4h51 18.283) iurrcni as5CiS 16.070 ¢),640 Income funds Risli'iclid fynds lJnrL'%lricied fiind 12 13 1.763 14.3117 11.640 14.-107 ).640 1fi.070 Y.h4I The financial siatements u'ere approved hy ihe Trusiee8 (m . Jillian Skinnir Truslee
WALTON ALLOTMENT ASSOCIATION CIO OTES TOTHE Flh'ANCIAL STATEMENTS FOR THE YEAR E.,YDED JO SEPTEMBER 2024 .4cctsuntln¥ pollcies Cthlrity informtion The ¢liariiy opcrares under a Tru81 Deed thai ouilines the iem?s and Londitions for the charitv's operati01i4. It define thL role4 and re%nsIbIlItieS of the trusiee4. the linancial &sseis held iii the trust. and ihe beneficiaries H.ho will benefii fTnm the mi8t. IT .qpe¢ifie% how, ti)e allotmeni sile asse14 leased fri)m W'altnn Charit& ale to be managied and u%ed. proi'idingp a clear fram¢ivork for the tru%iee5 to fi)Ilow and i(J ensure the proper handling i)r th¥ allotmeni siies according io the '1he5 of Walion Cliarity. IIAA Is ¥onstituted as a Charit}. CIO (Charitabli Incorporaied Organisaiionl. prui'iding Ih¢ charily wirh incur)N)rai¥d status so ¢hat it can enier into contracts, hold asscis. and ¢mploy staff in its owi name. This struirurc offlrs limiied liabili1s' protLYtion tor irustees. cn5uring ihcy arc nol peOnallY liablc for lh¢ Lhyriiy'y debts. ay long ds ihcy dil il'ithin thc law dnd ih¢ir duiik. l. l Accountln8 ¢oni'en¢liin The tii)dncial %tatenJeni% have been prepared in aciordance with the Charity's gioverninby docunienl. IhL ('hariii¢s Act ?0 I I, F RS 1 02 'TIIL Financial R¢portiii¥ Siandard applicnble in Ihc IIK uiid Rcpublic of IrLland" I"I.-RS 1112.1 and ih¢ ('haiiTie% S()RP "Accoui)tink and Re[rtIng by C"liJrilies'. StalLmieni ol- Reconiinended Prn¢ti¢e aptTrlicable io chariiies prepariiig ilieir accoiiiiis in accordaiice ivith the l.'inancidl Repnrtinb Sialldc1rd applildhlc in the liK and Republic of Ireland IFRS IOfjI" (effeciii'e l January 20191. I he C'harity is a PubliL Ilenefii Enlit>' a% defined bj FRS In Thl Chariry has iaken adi'tsnrage of the pft)vision8 in the SORP for charities not to prepare a Statement ot'c 15h Flow's. ThL lindniiJl blaf¥ll)Lnls hdlL. dLPallL fn)n) Ihl" ChariliL% {AcLounls and RLPOrt5) RLgul#ti()n% 21)08 oi)Iy io thL LXtLn¢ TcquifLd il) providL' a tnii and fair VILV.. This dLpamiN' lni'uli.L lullowiiigi thL StutLmLiiI ol- RLLomm¥nJ¥J PraLIiiL tiTrr ihariiiL& dpplyinb, FRS 102 raih¥r lh thL VLrsion uf iliL SidlLmLnt ul- RLLummLndLxl PrdLtILe H'hiLh is rcfcrrL'd iu in ihL Re¥uldliuns but whi¥h has siniL b¥cn w1ihdrun. The liiiancial sli£ lemen14 ar¢ pr¢par¢d in lerlin¥. which 1% Ihe Iuil¢1ional curreiily cil. Ihe Chdrily. Moneiary amounis in Ihwse linancial slalemenls are ry)unded iv Lhe nearesl L. ThL finanLidl siatLmLn15 havL prcparcd undLr ih¢ hisioriial Losl Lonkcntion. Thc prinLipal IILLouiiiin¥ poliLi¥S adoptcd arc scl oui IKThIow-. .2 Going ¢on¢ern Ai ihl tisne of approvin8 rhe finAn¢ial slalctncnts, Ihe TrustLYS have ¥ rra50nablc cxpcctatiL)ft that the Chai"it!. h415 ad¢quatc r¥soiirccb to LLiniinuL in opcraiÈonal ¢Xi5TcnLc for th¥ fL)resL¥able fijiurk. Thus th¢ TruslLi4 ci)nlinuc to adupt IliL bToing cuncem bJbis ol-accuunting in preparing ihc finaniial 51ai¥m¥'ni&. 1.3 Ch#rlt#ble funds Lnrestiicied fuiKl4 are ai'ailable for u$e ai ihe dIretion of the Trustees in furtherance of iheir charitable bjectiies. Re%lricled fund.% are %ubjeLI lu spccifir Londilion5 by donoTh a% to how. Ihej. md). b¢ used. The PUTpose and uses of ihe re%lii¢i¢d tunds are %el out in ihe noles io ihL IiTLartcial 4ialemcDL4.
'ALTO.Y ALLOTMENT ASSOCIATION CIO
YOTES TO THE FINANCIAL STATEMEYTS ICONTINLIED)
FOR THE YEAR E.NDED 30 SEPTE,VBER 2024
Aecountln% pollcles
(Continued
F.ndowineni fund$ ar¢.$ubjeci to Specific condiiions by donors thai the ¢4piial musi be maintaii)ed by the
C"hurity.
.4 ID¢ome
Incon)e 1% recogni%ed when ihe Charity 5% le¥ally enlitled io it after any rforn)anCe condition% have
beei) md. the amounts can be measured reliablv. and li is probable that it01¢ will be re¢¢iked.
C'a>h donalions arl. LgnIsLYt on rLXliPt. Other donations arL' fLYOgFni5Ld onLL Il)L Charity has 'n
IIL)iifi¥d (Trf th( dunativrt, unlLSS p¢rfvnndllLL Londilions rLquire dLfLrral of ihL ainowit. InLumL tax
rLLOI'LfdblL in rcldliun to dondlionb rLLCiI'cII undL"r tiift Aid ur dcL'dJ' ul i¢Jvinanl ib r¢¢(Trgnitscd dl thL
iimL orth¢ (h)naiion.
LegaLies are r¢cogni5cd un rcccipt or oiherwise if ihc Chariiy has bcin noiifi¢d ol- an iinpcnding
dibiribulion. thc dmouni is kno¥4n, and rc¢¢ipi is ¢Xled. 11- thL amount Is noi known, lh¥ Icgacy is
tTei?tLd us a contingcnt asbci.
1.5 F.xpendlture
k'xpendirLir¢ is recognised onc¢ th¢T¢ is a legal or ¢(msmi¢tive obligation io trdn8fer econ()mic benelii io
a ¢hird pJrt%', il is probablc thai a iransfcr of cconomic bcn¢fils M'ill rcquirn.d in sLtIlLment, and th¥
ainount ol'th¢ obli8ation ean be measured reliably.
Exp¥ndituN' is Classifil b> aciivity. ThL lals of L4Lh activity arL' mad¥ up of ihL Ii)Idl of dirLLI ¢I)Sts
diid shdfLd LOSts. illLluding &upport LOSIS ini'oli"Ld in undLMakiiig LaLh ailiN'i15'. DirLLI LOSt% attributiibl¥
Iu # binb)li ilLlifv'iry arl allviat¥
WALTONL ALLOT.MENT ASSOCIATIO1% CIO OTES TO THE FINANCIAL STATEME.ITS {CONTINLIED) FOR THE YEAR E.,IDED 30 SEPTE,VBER 2024 Ac¢ouTrtlng policies {Contlnued) Baic linancial a45e15. which include debtor% and ca%h and bank balance%, are iniliallN Inea4ur¢d ai traii.4aLlion priLe including tTansdLEion cvsls and are subsequentl), Caled at amonised cost using the etyeciii'e interest method unless ihe aTrnngement ¢oDsiituie8 a finan¢ing trai)saLtion. where the tr.In%aciion is measLired 21 the present lalue olth¢ futur¢ receipt% discoLinted ai a market rate of interest. Financidl a5s¢1% clas51fied as rcceivable within oue Y'ear are not amortised. Ba.¥lc'finan¢ial liahlliile. Ba.qi¢ finan¢ial liabilitie.q. in¢luding ¢reditDrs and bank loans are initiallv recogni%ed at tran%iction price unless the arrangetnenl con41ituie% a financing iransaclion. where ihe debi iThsrnJmeni is Ineasured ai the prcscnt valu¢ of il)c futurc paymcnis disLounicd at a markci rnic of inicresl. Financial liabiliTics clossilicd as payablc within onc yiar not amortiscd. Dcbt inslThmcnls dN' subsc4ucnily Liirricd 4t amvfliscd L051. USlrtkF ihc ctlcL'li¥'c intcwsi rnic Ineihud. TradL c,di10 ar¢ obligarions tv pay for go(Kls vr 5¥n'lL¥S th#1 huvi b¢L'n acquirL'd in lh¢ oriiinory Luursi ul- utKfdliuns froni suppliLr%. Am()unls pdyablL arL Llds%ificd as LurrLnt lidbiliiiLS If pd>mLnl iy du¥ wiihin onc >'car or If nL)i. Ihcy arc pre%L'nied a% nOnrrent liabilitiLS. Trdde Lreditors are rL¢ognisLxI initi411y 1 Iran511n pri¢¢ and subs¥Y4ucnily mcasurcd al amoriiscd cosi using rhc cffcciii'c ini¥r¢si method. Dre£'u%ftifion offinaneiulli4biliiies Financiul liabiliiie% are dereco¥ni4ed when ihe Chariry'.% coniraciual obligaiion% expire or are dicharyed or cancelled. Crltlil 4c¢oun¢ln¥ e5tlmales and Judgemnts n thc appliiutivn uf ihc Choriiy b JLiuunlin¥ FlIll. Ihc Tivstcc% arL rcquirnil io mak¥ jud¥Lmini5. Stlllldlcs and Iislumpliulls ihi Ldrryin¥ dmuunl uf dnd lidbililiLS that arL nvl rcudil>' apparLlit from oihcr sourcL¥. ThL eslimdlLS and aSSOCiaiL%d dssumplions . bdSL4J on hisluriLdl eApi)I"IEn¢e other facior% ihai are con%idered 10 be rtlevant. Aciual r•ulis may dilTer from Ihe%e e*i}mal. Thr estimate4 and underlyinr a%4uSTIPlion% are rei¢ed on an OTJg¥oirig basis. Rei'i<ions lo accounting estimates are recognised in the period iii which ihe egrimaie is reb'i%ed where the re¥i%ion aff¢¢LS onlJ' thai periLxI. or in the period of ihe rei'ision and future periods where ihe revision affecLs both current and future periods. 11
'ALTON ALLOTMENT ASSOCIATION CIO OTES TO THF. FINANCIAL STATEMEYTS (CONTINIIED) FOR THE YEAR E.VDED.40 SEPTE.VBER 2024 Cpr#nt Ineome Rfstrieted funds Total TolAI 2024 2024 2023 Grants 6.456 6.456 2A.074 C'hgrilable #ctivlile$ 2024 21123 Plot fec8 Ch4rlt•bl¢ •¢tlvttles 2024 2023 Projcrl Wdt¢T ral¢4 Waiir buiis and gultcr5 K¥yS Sianer ploi8 11.177 4.18 30,481 7.?4? 1.980 40.184 Shar¥. of support 10st51se¢ not¢ 6) Share ol-¥yoi¢mdn¢¢ ¢osts (see note 6) ?.4?9 308 2,213 16.399 42,971 .Inxl>515 bTr fund LnTesrricted fund5 Ri3lrictcd furKIs 11.70 4.693 16.31)9 42,971 12-
AI.TON ALLOTMENT ASSOCIATIO1% CIO OTES TO THE FIY.4NCI.4LSTATF.MEYTS (CONTINIIED) FOR THE YEAR EII'DED 30 SEPTE,VBER 2024 Support cn$Ls Support Governance ¢osts c(Jsts 2024 2023 Insuran¢c Trav¥1 and subsislLmLY Rei)air aiid niaintenan¢¢ Suhscriptions ConsultdnLy Mdna¥emeni Officel(ieneral Adinini4trative Expenses xn xo 75 30 1,457 55 480 382 181 45 4.5 1.517 1.517 ACIM cosi ALcouniiln¢y fee 353 1.860 -108 1.%60 1.1173 4.036 Aiial}'*d between ChdritublL aLtii'iti¥¥ 1.823 2.213 4.036 2,787 Truslees Ni)nL of th¢ lur an), 1505 LonnixiLd M'iih thi'inl rLXXiVLd an), r¥ll)un¥ration or bL'llLfiis from IhL (".hariiy durinb ihL" yiar. Emplowees The average Inonihly number ofemplovees during ihe year was.. 2024 Numbtr 2023 'umber Total There were no employees w'hose aiinual remunerdtion w.as moTe than £()O.(MM). Taxatlnn The chari is exempt from lax on income and gains falling within seciion 505 of th¢ Taxes Act 19KII or scclion 2)2 01. Ihc Taxalll)nOt' Chargcablc Gain5 Aci 1997 to thc cxtcnl that thcsc arc applicd to Ils hariiJbl¥ objccls. 13-
WALTOY ALLOTMENT ASSOCIATION CIO NOTES TO THE FI]YANCIAL sfATEMENTS (CONTINLEDI FOR THE YEAR E.DED 30 SEPTEhlBER 2024 10 D¢hiors 2024 2023 Amounts fllin% due V•'ilhin one ytr: Othcr debtors ?.289 I I C.redltor$: amounts falllhg due wlthln one year 2024 2023 Trddc crcdilors ALLfLuI% dnd ditirr¢d inlomc 115.3 7.430 9.468 9.4611 8.2113 12 Restrl¢ted funds ReNiricied Funds are 'ben a grani is given by an exiern81 $1)urce for a srtc?fic PuSe. This mean% Ehat Ihl Inonej. ianni)t b¢ urilizcd for any oihcr purpose. The rccipicnt of the grdni is rcsponsiblc for tra¢kin8 ¢ind rertIng to Ihe Treasurcr. l01"ement In funds IrKornlThg B•n¢ •t InMfflln9 RMourt•• r•wJrc•Jl Octob•f 2023 f••0¢• •xwndod Moi'ement In funds 8l•h¢• ot JO S•pl•fnb•r 2024 Rydinb Ri)ad Cornmunily (idi'dLn ProjLcI Jubilee Wildlife Pond Cirant Ejurhill 11.493) 729 16? 478 4115 323 13,1(A)) {4.693) 891 1,763 R>dtn5 Road Communliv Garden Projeel . Funding granied bv Naiional Gardim Schemc to creat coinmunity. fruit orchard and icnants- gathcring arca for soctal ¢i'¢nrs. Additional sponsorship was (Ibidincd fwm Surr¢y Counl). Couniil. Il'IM)dlands TnL¥I. RHS WISEL J.. S4uir¢s Gdcn Ccntrc. Jubilee '11dlife Pond: li is p2niallv lunded Ihrou&h the Brilish Airways charii) scheme, the Wildlif¢ P()Iid pr()ject IN'JS ci)mpletcd in rhis financial year. Further donation.4 ere rdT4ed through Waitro.qe. Wi)rld nt'waier. Otter Nurserv and Squires Garden Centre_ GrAnt Rurhill: (irdnt provided by Siirrev Loufflv Council for lh¢ E4urhill allotrneiii 5iie for clearance at fr013t boLindar). 14-
• 75
WALTOII ALLOTMENT ASSOCIATION CIO NOTES TO THE FI,ANcIAL STATEMENTS ICONTINUED) FOR THE YEAR E.fyDED 3Q SEPTE,VBER 2024 14 tlnalisis of net asset5 fund5 Ufjrestricted Reslricied funds runds 21124 2024 lolal Tolal 2024 2023 Fund balanceq ai 10 September 2024 are represeiiied by.. Curr¢ni as%el(lIubil1lIC%) 16.070 16.070 9,640 16.070 16.070 9.640 I S R¢lated psrtv tr8nsacllons 'I'hii¥ w'cfk no disL,1osablc rilaiLJ party iransaLtions during ihc ycar (20?3 - noncl. 16 ()utstandlng Ciurntees C.Iven bi" Ihe Ch*rlTh' There were no giuarantees gii'en by the chaTiitr duriiig the year. 17 C)utstandlng Debt There i.s no outstanding dehi at ihe end of the year which 15 subject to a Charge on the Charity'4 a.44eis. 16-