## 2024/2025 ## YEAR-END ## FINANCIAL REPORT ## FRIENDS OF COLLEGE WOOD 11/06/2025 38 Thorneyholme Drive Knutsford Cheshire WA16 8BX Contact Phone 07757690119 Web Address www//friendsofcollegewood.org.uk Email Address secretary@friendsofcollegewood.org.uk |**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
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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