2025-06-01-accounts

2024/2025

YEAR-END

FINANCIAL REPORT

FRIENDS OF COLLEGE WOOD

11/06/2025

38 Thorneyholme Drive

Knutsford Cheshire

WA16 8BX

Contact Phone [phone]

Web Address www//friendsofcollegewood.org.uk Email Address [e-mail]

PREPARED BY	Malcolm Thomas	TITLE	Treasurer	DATE	16/06/2025
APPROVED BY	Andrew Malloy	TITLE	Chairman	DATE	16/06/2025

Page 1

TABLE OF CONTENTS

1.	EXECUTIVE SUMMARY............................................................................................................................................. 2
2.	ANNUAL FINANCIAL REPORT.................................................................................................................................2
3.	CONCLUSIONS.......................................................................................................................................................... 2

EXECUTIVE SUMMARY

Friends of College Wood is an organized charity currently existing under the UK laws. The Chairman Of our Team is Andrew Malloy who has many years’ experiences as a Town Councillor in Knutsford.

Friends of College Wood was established in 2021 and obtained registration as a CIO on 1[st] December 2021

The purpose of the FoCW is to ensure and protect the future of the College Wood amenity for the benefit of the community and the resident wildlife.

As of the 2024/2025-year end (1[st] June 2025) we have completed 4 phases of a our initial 4-stage project to clear the verge of the wood, improved signage (“Welcome” entrance signs in place) and to improve the entrance paths into the wood.

For our 2025/2026 year we have a pipeline of new projects to take us forward. Our prime focus for this year is to improve the health of the wood. Ivy infestation of 60% of the trees needs to be dealt with ahead of all other concerns– before the expected Autumn storms later in the year.

Our previously outlined projects of establishing a rest/ educational area and further improvements to internal educational signage have been shelved until 2026/27.

The ongoing program of planned mowing and the general maintenance of the verge and associated undergrowth continues in the background throughout the year.

In the following year-end financial report, you will find an insight into Friends of College Wood current financial position.

ANNUAL FINANCIAL REPORT

There were no transactions undertaken on the account during the 2024/2025 accounting year.

The Balance at the bank on 1[st] June 2025 remains as per the closing balance on 1st June 2024 -that is £383.70.

Transaction Date	Transaction Type	Sort Code	Account Number	Transaction Description	Debit Amo	uCredit Amo	Balance
29/04/2024	FPO	'30-98-97	69906962	RG ANDJM TAYLOR 600000001338256560 BREAKFAST SPRING24 774804 10 29APR24 13:03	£37.00		£383.70
14/08/2023	FPO	'30-98-97	69906962	MALCOLM THOMAS 300000001187098977 POSTCRETEFORSIGNS 205377 10 12AUG23 13:37	£16.30		£420.70
07/08/2023	FPO	'30-98-97	69906962	SHELLEY SIGNS 600000001180830468 25971 010548 10 07AUG23 16:24	£1,842.00		£437.00
12/07/2023	FPI	'30-98-97	69906962	KNUTSFORD TOWN GRANT 54071545515164000R 162227 40 12JUL23 07:31		£400.00	£2,279.00

Page 2 of 3

Lloyds Bank Statement attached.

Conclusions

After presenting the related data on Friends of College Wood income, expenses incurred and projected liabilities, for the year June 2024 to June 2025 and reconciling Known future liabilities and projected incomes we are confident that the organization is in sound financial health. Expenditure to date and known liabilities are outweighed by the cash at the bank.

Accordingly, The Trustees have hereby approved the continuation of the program into the next fiscal year (2025/2026), with evaluations to be held on a quarterly basis.

Page 3 of 3

Trustees’ Annual Report for the period

From 2nd June 2024 Period start date To 1[st] June 2025 Period end date

Charity name: Friends of College Wood

Charity registration number:1196877

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	a) To promote for the benefit of the public, the conservation, protection and improvement of the physical and natural environment and biodiversity of College Wood, Knutsford and to encourage others to engage with, understand, enjoy, protect and enhance the woodland habitat. b) To advance the education of the community with regard to woodland management and conservation.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	During the twelve months June 24 to June 25, we have: a) Continued the verge clearance and have an operating work schedule for the annual upkeep and maintenance. b) The entrances to the wood have both been designed and installed and completed to budget c) Our planned community gatherings had both to be cancelled due to the horrendous weather. d) The project to Animated our Face book page is complete. e) The project to create our Created a Web site is complete. Content is still work in progress. f) The background work of thinning the undergrowth to improve the openness of the woodland for increase in biodiversity and security of all users continued throughout the year.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We confirm that the Trustees have had regard to the guidance issued by the Charity Commission. All our actions and planned projects have had the benefit to the public at their heart.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	We are a totally volunteer run organisation with no paid employees. We undertake all our work in the wood and the completing of projects using a panel of able individuals – those that are not that active assist in every way they can– organising, admin, governance.
Other		N/A

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The main achievements for the community in this period have been: a) Road Safety. The Continuing clearance of the verge strip and the introduction of an ongoing maintenance regime to keep wood back from the road. b) Access to the wood - benefit to the community. Improvements to the entrances and pathways are completed and ongoing. c) Adding the Wood to the “Knutsford Bee Corridor” initiative

Additional information (optional) You may choose to include further statements where relevant about:

		N/A
Achievements against	Para 1.41
objectives set

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41	None. Fund raising has been temporarily suspended while we deal with the health issues of the wood.
Other		N/A

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Trustees have reviewed the income, expenses incurred and projected liabilities for the year 2024/2025. We have reconciled known future incomes and know liabilities. All these are outweighed by cash at the bank. The Trustees have therefore approved the continuation of the program for the next financial year (2024/25) with quarterly evaluations.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Charity has no specific reserve funds.
Amount of reserves held	Para 1.22	The Balance at bank is currently £383.70 – as at 9th June 2024.
Reasons for holding zero reserves	Para 1.22	All projects are funded by grant applications or private donations. Until funds are secured, no project is started.
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None – the charity is in a sound financial position with strong governance in place.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	The charity raises funds by grant application and the occasional private donation.
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	None foreseen. Financial risk is negated by our strict policy of securing funding before any project is started.
Other		N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Foundation Model Charitable Incorporated Organization (CIO)
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Membership appoints up to 8 Trustees at the Annual General Meeting. Knutsford Town Council may appoint 1 additional Trustee from its members (a watching brief by KTC)

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	Any new Trustees are taken through the Charity Commission “Advice to Trustees” in a one-to-one with the Secretary.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	N/A
Relationship with any related parties	Para 1.51	N/A
Other		N/A

Reference and Administrative details

Charity name	Friends of College Wood
Other name the charity uses	None
Registered charity number	1196877
Charity’s principal address	58 Manor Park South Knutsford WA16 8AN

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Andrew Malloy	Chairman
	Paul Edward Davies	Vice Chairman
	Robert Graeham Taylor	Secretary
	Malcolm Vaughn Thomas	Treasurer
	Joyce Taylor
	WendyBrookes

– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and	addresses of advisers (Optional information)	addresses of advisers (Optional information)
Type of adviser	Name Address
N/A

Name of chief executive or names of senior staff members (Optional information)

N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

None

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Robert Graeham Taylor

Position (e.g. Secretary, Secretary Chair, etc)

Date

16/06/2025