Withymead CHARITY REGISTRATION NUMBER: 1199071 N,Iture Re5eri'e The Anne Carpmael Trust {cio) Financial Statements 31 March 2024
The Anne Carpmael Trust (CIO) Trustees, annual report for the year to 31 March 2024 The trustees present their report and finanryal stateFTtents of the charity foi the year ended 31 March 2024. Reference and administrative details Registered ¢harity name The Anne Caomael Trust {cio) Charity registration number 1199071 Principal office wthymead House Bridleway Goring-on-Thames Reading RG8 OHS The trustees Jennifer A Hedge Peter T Brass Iresigned 30 November 2023) David Gwillim (resigned 24 May 2024 Di Colin L Reeves CBE {resigned 23 April 20241 Imogen V Smart Kay Smitham Glen Beamson (appointed 22 July 2023} Aine Mccartney (appointed 3 October 2023) Sheila McKenzie (appointed 6 October 2023) Robert Cooke {appointed 13 May 2024) Stephen Ambler {appoinled 14 May 2024} Philip Rooftey (appointed 28 May 20241 The trustees are responsible for managing the properties held by the charity. These properties are.. Wilhymead, Bridleway, Goring on Thames Springfield Cottage, Bridleway, Goring on Thames The Study Centre and land adjoining Springfield Cottage Tara's Piece, Bridleway, Goring on Thames Little Meadow, Goring on Thames The trust has a VerSIOnary interest in Stalisfiekj Cottage, Bridleway, GoTing on Thames. The property is subject to a lifetime interest under Anne Carpmael's will and the trust's interest will crystallise upon cessation of that interest Indendent Examiner Mr Stuart Bates FCA Wenn Townsend Wloa House 10 Broad Street Abingdon Oxfordshire OX14 3LH Bankers HSBC Bank PLC 26 Broad Street Reading Berkshire RG128U
The Anne Carpmael Trust (cio) Trustees. annual report for the year to 31 March 2024 structure, governance and management The Anne Carpmael Trust (CIO) was constituted on 14 Feb 2022 and registered with the Charity Commission on 24 May 2022 registered charity number 1199071. The tntst uses the name Withymead N8re ReseNe for identificatn and marketing purposes. The Charity Cornmission authorised the transfer of assets and liabiltties from the charity known as THE ANNE CARPMAEL CHARITABLE TRUST11102152) to THE ANNE CARPMAEL TRUST CIO 111990711 on 21 August 2023 and final transfer of assets and liabiltties, including propety tiues, took place on 1st September 2023. A new bank a01 was opened for the CIO. The trustees who have seNed during the year and Sin the year end are set out above. The trust deed stipulates that there te at least three trustees and no more than Trine. New trustees are appointed by resolution of the existing truStS at a special rneeting. Background and history of the Trust The Anne Carpmael Trust {ACT) owns the Wthymead Nature Reserve which (ttupies about 13 acres of river frontage belween Goring-on-Thames and South Stoke, a tsv(>thirds share of Tara's Piece which is a small riverside bank nearby and Lrttle Meadow. a 2-acre wldflower water meadow to the south of Goring-on-Thames. Anne Carpmael INed al Wthymead for llearly 60 yeaF5. A keen naturalist, she provided a habitat that encouraged birds, both llattve and mwJratory_ Prior to her death in 2003 a charitab Trust (No 11021521 was fomied lo preserve the house and its riversKle land. These 13 actes now form the Wthymead Nature Reserve. Tara's Piece was purchased by Anne and her husband Philip Carpmael wrth Lord Marshall of Goring in 1982 to prevent the site being developed and lost as a piece of original river terrace. Anne Carpmael survived her husband and later gave their share to the Trust. On Lord Marshall's death his one-third share passed lo his widow. Lady Marshall died in 2021 and her share is now held by her estate. Little Meadow was grfted to Anne Carpmael Chartlbie Trust (ACCT), now ACT, by Ihe Goring and Streatley Environmental Group in February 2012. It is a wildflower meadow and area of coppiced woodland, providing a natural ftcthplain, which lies on the Oxtc*dshire bank of the Thames south of Goring, immediately upstream of Gatehampton railway bridge. Objectives and activities The objects of the charity are.. the promotion, protection and preservation of the flora and fauna found in Goring-on- Thames. Oxfordshire and within a radius of 10 miles from the village-, the provision of financial assistance to the sthools and other organisations in the villages of Goring-on-Thames, Streatley and the surrounding areas so that pupils and metllbe can be taught and leam alJ)ut this flora, fauna and nature". the general luCation and trEnefit of the public with regard to nature. The tnjstees have paid due regard to the guidan gNen by the Charity Commission on public benefit when deciding what activities the chartty should urkyertake.
The Anne Carpmael Trust {ClO) Trustees. annual report for the year to 31 March 2024 Main activities in relations to objects The main activities Tr[ed out by the Trust are-. the management of the reserves owned by the Trust to protect and preserve the flora and fauna the promotion of the reseTves as havens for wildlrfe, plants and trees enabling asS without charges to all people who wish to visit for study or leisure Ihe provision of educational facilities and materials for visits to the reserves utilising volunteers to assist in maintaining the reserve and engaging with nature the raising of funds towards both general maintenance and specific projects at the reserves. The Tftjst has two resident wardens at Wrthymead, who manage the nature reserve at Withymead. Tara's Piece and Litle Meadow. They are supported by the Trustees and volunteers in the day-tO- day management of the reserve. including.. ongoing land management and enhancing wildlrfe on all the reseNes with the intention of having an achievable and manageable plan. enabling the continuing study and monitoring of wildlife populatsons on the reserves by the wardens. volunteers and other interested parties. allowing the Forest School to operate from part of the reserves to facilitate the encouragement of interest in nature by young children. encouraging and allowing access to any interested person. Review of charitsble activities in 202>24 The main Withymead reserve continued to grow in FX)pularity both with the general public and specialist groups. Our onsite Warden has developed links and hosted visits with Goring in Bloom, local Wl groups, British Conchological Society, Chitterns and North Wessex Downs National Landscapes and the Reading Nattjral History Sety. L(x21 photogrdphers book regular visits and Nielsen IQ held their annual team building day at Wthymead. For Little Meadow the development of the Manageent plan is well under way and expected to be completed in 2024-25. Agreement was reached with the Thames Path National Trail ITPNTI and other interested parties on how to proceed wtth the Improved A[eSS Project Grant fundin9 for a re- engineered path was provided by the Trust for Oxfordshire's Environment, TPNT and the Goring Fishing Club. W0WaS completed in July 2023. The Fishing Club have agreed to work in partnership with ACT to manage the meadow and to share the (x)sts of meadow c#Jts per year. ACT has been awarded a substantial grant of £90,000 by the Mend the Gap Project overseen by Chiltems National Landscape. £1,500 of this grant has been recognised in the accounts for the year ended 31st March 2024 on the basis Ihat the conditions for rlpt of these fijnds were met during the period under review. This grant will part fijnd replaixnent of half the current boardwalk which provides asS to the marshy areas of the reserve. The project will allow access for wheelchairs and buggies and will indude a viewing platfomi. enhaftced efitran and warden's welcome shelter. The entire project is expected to take up to 2-years lo complete {Jan 2026) and indudes the requirement to run x6 events for EDI audiences (Equaltty. Diversty and Inclusion) over iwo years. Marketing.. Review of the Patrons, Scheme and membership ¢s now complete with the addition of family membership. Unstuck Designs were commissioned to design and install a new website. The new website went Inie in March 2024 and was funded by a combination offunding from local grantors, individuals and the distn.ct council.
The Anne Carpmael Trust {ClO) Trustees, annual report for the year to 31 March 2024 We have engaged wth our neighbours in aaS of mulual inter& in parlicular the South Stoke Idlrfe and Conservation Group and Christ Church Oxford, the owners ofthe adjacent12nd. An annual report is sent, in March. to Prof Kayta at Christ Church. We have maintsined a relationship wtth Prof Peter Holland {Oxford UnNersityl, a fonrÈr tnJStee, who is leading a group engaged in the Darwin Tree of Lrfe Projed and who is using the Withyfnead Reserve as one of the research sites. We have established contact with a Ictal diptertst and a local rnoss expert both of whom visit regularty to collect specimens and offer advice. Rare or new spcies sighted during the year included the Desrul1n Whod Snail listed as endangered in UK Major maintenance was undertaken at Springfield Cottage to mitigate against condensation and to improve ventila"on_ A w(xxl bumer was Instal together wtth opening up of air bricks, repointing brickwoth and repainng roof b"les, instalktv)n of air bitks and vents and redistribution of roof insulation. Main objectives for 2024-25 In line with ACCT, now ACT. Vision and Strategy Document (Nov 2021 }, the plans for 2024-25 are.. 1. Complete the Improv1 Access Project at Lrtue Meadow. 2. Complete the Little Meadow Management Plan. 3. Begin phase one of the tx)ardwalk proie¢t- repL?rnent of the southern section to include a viewing platfomi. 4. Install new entrance gates and asscciated fencing. 5. Install a welcome shelter 6. Plan lo run x3 events for EDI audiences. 7. Pre grant funding for phase Iwo of the boardwalk ptoject- northetn section. 8. Continue contact with consesvatson, natural history and simiLar groups who use Wthymead and encourage more groups to do so. 9. Volunteers- to establish, in additson to Green Gyms, a Wthymead volunteering group and offer regular monthly volunteering opportunrties. 10. Introduce Cttizen Science Sundays to run On a month bett¥een April and Aug. 11. Keep Withymead in the publ eye through artides in the local press, talks to local groups etc. 12. Draw up a lontemi financial pLan to ensure the viability of the charity for the foreseeable future. Trustees and Wardens The trust will continue to monitor the need for recruitment of new Trustee5 to ensure SUC$s1on. The prent wardens, Pete Morton and Jade van der Mefft. were appointed in September 2019 for an intiial 3-year temi. This was renewed in 2022 and updated on transfer to CIO in March 2024 and is now a rolling 3-year agreement The trustees are very gratefvl for the enthusiasin and hard work of the warden5. which ha5 been a major factor in the Itreased popularity and publ awareness of Wthymead.
The Anne Carpmael Trust (CIO) Trustees. annual report for the year to 31 March 2024 Volunteers The Trust is grateful for the seTvices and gilts in knnd donated by its many volunteers. The Trust does not have a policy to measure the economic value of these actTriities. Major regular gifts of time and setvIS include administration, bIodwers expertise. educational advi, fvndraising, site maintenance and development. Extemal professional services are employed as and when the situation requires. Fundraising Overall, the Tnjst has had a signifi(xnt increase in income however. this is due to being awarded substantial grant of £90,000 by the Chiltem Conservation Board as part of the Mend the Gap Programme. This will eable the commencement ofa project to improve the boardwalk in Withymead Nature Reserves. Wthout this grant, income was very similar to the previous year. The overall level of regular gNing particularly from Friends of Wrthymead Patrons remained strong. Trading income on the sale of go)ds, (*ring and craft courses wa5 similar to the previoL¢S year £2,529 compared to £2,637. The Trust is also very grateful for other grant InMe receNed during the year.. £2,987 was reiVed from Oxfordshite County Council, and £2,000 from the Goring Fishing Club to fund enhancements to Ltttle Meadow. This project was wmpleted in the year. Goring Gap News provided a grant of £1,000 to support essential tree surgery works Through the Faming in Protected LandsCaS Programme the Chiltems Conservation Board awarded a further grant of £3,171 FINANCIAL REVIEW The Trusys assets are held in propety, a current account and linked money manager account with HSBC, and an openended stock rnarket investment fvnd managed by Chartes Stanley & Co Limited. The investment fund showed a capital gain of 9.5QA and a total return of 10.60A over the year after management costs. Rent from Springfield Cottage contributed just over £11,200 after management fees and maintenance costs. The result for the year was a net decrease of £9,930 in Unrestricted Funds and net decrease of £12,370 in Total Funds. This result is stated after charging depreciation of £20,030 and accounting for an unrealised gain on invesknents of £5.044. Cash ts a more important indicab'on of the Trusys finanaal health. There was a net ouffiow of £126 of cash available for general purposes. RESERVES POLICY It is the policy of the chanty to mintain unrestricted funds, consisting of corsservative investments in property, stock market funds and a high interest bank deposrt account At 31 March 2024 the total reserves We £1,605,253, wtth £1,050 as resthcted funds and the remainder free reserves. Of the free reserves balance. £49,894 was held in bank accounts and £58,386 as listed investments. The remaining balance is held as fixed assets, mainty two prope"eS Wilhymead House and Springfield Cgttage. The Charity's policy for maintaining reserves is to retain cash or easily realisable ftjnds to be able to deal with any tnajor repair work and other unforeseen expense arising in the next year together with day to day running expenses_ RISK MANAGEMENT The Trustees have continued to assess the major rkS to which the charity is exposed and systems have been established to minimise those rtsks.
The Anne Carpmael Trust (CIO) Trustees. annual report for the year to 31 March 2024 In the longer temi the cost of maintaining WthynEad House is a cOnM to the trustees. RESPONSIBILITIES OF THE TRUSTEES The charity's trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounling Practi}. The law appluble to charities in England and Wales requires the trust&s to prepare financial statements for each financial year which gNie a true and fair view of the state of affairs of the charity and of the incoming reSoUrS and application of resources of the charity for that period. In preparing these ffinancial statements, the trustees are required to.. select suitable accounting wIleS and then apply them consistenty., observe the methods and principles in the CharitEs SORP (FRS 102}: make judgements and estimates that are asOnable and prudertt state whether applicable accounkn.ng standards have bn followed, subject to any material departures disdosed and explained in the financial stalements,. prepare the financial statements on the going concem basis unless rt is inappropriate to presume that the chanty will (ontinue ir¢ operation. The tru*ees are responsible for keeping ptoper accx)unb"ng records that disclose wth reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Chanty (AoUnts and Reports) Regulations 2008. The trustees are also responsib for safeguarding the assets of the charity and hence for taking wsonable steps for the prevention and det&tion of fraud and other irregularities. The trustees, annual report was approved on 1 October 2024 and signed on beha ofthe toard of trustees by". J A Hedge Trustee S P McKenzie Trustee
The Anne Carpmael Trust (CIO) Independent examinerfs report for the year to 31 March 2024 I report to the charty trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set OLrt on pages 9 to 20. Responsibilities and basis of report As the charity's trustees you are responsible ft)r the preparation of the accounts in accordance with the requirements of the Charilies Act 2011 {'the Acy). I report in respect of my examination of the charity's accounts caffied out under section 145 of the Act and in carrying out my examination I have followed all the applble Directions given by the Charity Commission under sectson 145{5llb) of the Act Independent examinefs statoment I have completed my examination. l (y)nfinYb that no material matters have Come to my attention in connection with the examination gNing me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or 2. the accounts do not accord with those rerdS.. or 3. the accounts do not compty wtth the applicable requirements con¢eming the fonn and Ix)ntent of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounls gwe a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other mattews in connection wrth the examination to which attention should be drawn in this rew)rt in order to enable a proper understanding of the accounts to be reached. stuart Bates FCA Wenn Townsend Victoria House 10 Broad Street Abingdon OX14 3LH 2024
The Anne Carpmael Trust (CIO) Statement of Financial Activities including the Income and Expenditure Account for the year to 31 March 2024 Unrestrrcted Restricted Funts Funds Total Funds Tdal funds Note INCOMING RESOURCES Donations and legacies Charitsble activities Othertdlng attivityes Investment income Other income 6.453 10,657 17,110 IQ131 165 1529 Z637 15.411 178 629 26.022 10.657 ,679 RESOURCES EXPENDED Expendituie on rai5ingfund5 Costs of lsIngdOnat1OnS and leo*S Investment man3gÈmÈntcosts Expenditure on charitable acbvities 59 io 1059 5L896 54LIJ3 3,445 44,578 082 3&793 13,C87 13.(67 Net income lexpenthturel bef¢ye irnesthiert gains Ilossesl Net gainsl1055esl on investments Net income (expenditu) TransFers between funds Net mryement infund5 114.9741 12,4401 117,4141 I19,5) 15,16 {24729 19.9301 12.4401 143701 I9.0) 114401 (24.n61 Reconciliation of funds Total funds broughtforward Transfer between funds Total funds carried fOrr(l L614.L13 3.4 L617,623 164Z349 1.W203 1.050 1.605,253 1,617,623 The statement of financial athrties indudes all gains and k)sses recognised in the year. Al income and expenditure derive from ¢onb'nuing &tjVrt.
The Anne Carpmael Trust (cio) statement of Financial Activities including the Income and Expenditure Account for the year to 31 March 2024 2023 Comparative Figures Z023 FY2022 Note UnrestrÉrted Restricted Funds Funds Total Funds Totolfvrtds INCOMING RESOURCE5 Donationsand legaciès Charitableattivities 4.694 165 5.437 10.131 165 8.056 522 Othertradingactivities Investment income 2.637 15.411 178 2,637 15,411 178 4.267 15.224 278 Otherincome 23.085 5.437 28.522 28.347 RESRCESeKpENDED Expenditureon raisingSJnds Costsof rai&ngdonationsand leBacie5 In%stment manaBement costs Expendltureon charitableactlvrtia% 59 59 260 io 3.445 44.491 47.99S 3.445 44,578 48,082 2,500 39,814 42,574 11,12 87 87 Net in¢ome le¥penditurelbefr¥re irtN*stment gainsllossesl Net gains Ilossesl on investments Net income lexpendiiurel Transfersbetween funds 124.9101 15.1661 130.0761 5.350 119,5601 15.1661 P4,7261 {14,227J 76,888 62,661 13 5.350 Net movement in fvnds 130.0761 5.350 P4.7261 62,661 Reconciliation of funds Total fvndsbrought forward Transfer b&tween funds 1.642.349 1.860 1,614,133 1,642.349 1.579.688 .22 11,8601 3.490 TO1 fvndscarriedfonvard 1,617,623 1.642,349 -10-
The Anne Carpmael Trust (cio) ststement of Financial Position at 31 March 2024 2024 Fy223 Fixed assets Tangible fixed assets Investments 917355 937,384 .741 1565.726 Cuwrent assets Oebtors and prEpaid expenses Cash at baftkand in hand 172 53.510 Creditor& anM)untsfallingduÈMthinoneyear 21 Net oJrre#t assets L554 4,202 51,897 1.617.623 1.617.623 S4 Lfffj253 LEffj,253 Total assets les5 rre[rt liabilities Net assets Fundsof the charity Restrirted funds Unre5tritted funds 1,614.133 Total charityfur Lf4J5.253 1.617.623 These financial stalements were approved by the board of tsustees and authorised for issue on 18 October 2024 and are signed on behalf of the tM)ard by.. J A Hedge Trustee S P McKenzie Trustee Thè notss on pages 11 to 19 forni part of these financial staltmtnts. 11
The Anne Carpmael Trust (CIO) Notes to the Financial Statements For the year ended 31 March 2024 Generdl infonnation The charity is a registered charity in England and Wales and is incorporated. The address of the principal office is Withymead House, Bridleway, Goring-on-Thames RG8 OHS. Statement of cornpliance The financial statements have been prepared in accordance with Accounting and Reporb"ng by Charities.. Statement of RernMended Practi applicable to charib.es preparing their acUnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ifeland IFRS 1021, the Chartties Act 2011 and applicable regulations. The accounts have been Prepared under the historical cost convention wtth the exptIn of fixed assets included at revalued amounts. Accountlng policies Grants Grant income is recognised on a re[Vable basis. ffiere a restricton is placed on the use of the grant, the amunt of the grant is induded in restricted funds. Grant expenditure is recognised on a payable basis. Basls of preparation The financial statements have been Pfepared on the historical cost basis, as modified by the revaluation of certain financtal assets and liabilities and investment properties measured at fair value through income or expendrture. The financial statements are prepared in sterlirKJ, which is the functional currency of the entify. Intoming resources Incoming resources are included gross and are accounted for on a receNable basis. Incoming resources received in pect of future periods are deferred to that period. Resources expended Resour expended are shown gross and are accounted for on an accruals basis. Costs are allocated directty to the category to which they relate. Where this allocation is not possible costs are allocated within -governan costs." The chartty is not registered for VAT and all expenditure is therefore recorded inclusive of iffecoverable VAT. Unrestricted funds General accumulated fvnds representthefundsofthe charrty that are not subject to any restrith.ons regarding Iheir use and are available for application on the general purposes of njnning the charity. Restricted Funds These late to incoming resources which have been received subject lo specific conditions imposed by the donor and binding on the Trustees and may onty be applied in accordan with the restrictlons placed on the donation. -12-
The Anne Carpmael Trust (CIO) Notes to the Financial Statements For the year ended 31 March 2024 Value Added Tax The charity is not registered for VAT. Irrecoverable VAT is charged against the c3tegory of resources expended for which it is incurred. Going eoncem There are no material unrtaIntieS at(sut the chanws abilty to continue. Judgements and key sources of uncertainty The preparation of the financial statements requires managementto make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are conlinualSy reviewed and are based on experience and other factors. induding expectations of fuiure event5 Ihat ale believed to l* asonab under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the tStee$ to fvrther any of the Charity's purposes. Restricted fvnds are subjected lo restrictions on theirexpenditure declared by the donor or through the terms of an apFEal and fall into one of0 sutKlasses". restricted income funds or endowment funds. Tangible assets All fixed assets are inthalty reo)rded at cost ExperKliture on fixed assets below £500 is written off in the year of expense. Depreciation Depreciation is czlcuLated to write off the cost or valuat¥Jn of an asset, less its residual value, over the useful economic life of that asset as follows.. Freehold Freehold property exdudin9 the Stuty Centre Study ntre Attachments to land {fencing, boardwalks, signage etc) Plant and equipment Not depreciated (see note below) 60 years straight line. 25 years straight line. 10 years straight line. 10 years straight line. Note- Because no valuation is available for Wrthymead House separate from its surrounding land, depreciation has been provided on the errtire historic cost of £825.000. Investments Listed investments are measured at fair value with changes in fair value being recognised in income or expendrture. Investments to be held for their knng-temi potential are caprtalised the balance sheet, initially al cost. Investment property Investment property is inibalty recorded at cnsl which includes purchase and any directly 2ttributable expenditure. Investrnent property is revalued to its fair value at each reporting date and any changes in fair 13-
The Anne Carpmael Trust (CIO) Notes to the Financial Statements For the year ended 31 March 2024 value are recognised in income or expenditure. If a reliable measure of fair value is no longer available without undue cost or efft)rt for an r(em of investment propety, it shall be transferred to tangible assets and treated as such until r( is extkcted that frair value will reliably measurable on an on-going basis. Financial instruments Financial instruments are classtfied and accounted for, according to the substance of the contractual agreement as either financial assets. financial Irdbilities or equity instrumersts. An equity instrument is any contract that eviden a residual interest in the aSts of the company after deducting all its liabilities. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations Gift aid repayment Grants receivable 4.227 726 1.500 6.453 4,227 726 12,157 17,110 10,657 10,657 Unrestricted Funds Reslricted Total Fullds Funds 2023 Donations Donations Gift aid repayment Grants receivable 3.979 715 3,979 715 5,437 10,131 5,437 5.437 4,694 Income from ¢haritable activities Unrestricted Total Funds Unrestncted Total Funds Funds 2024 Funds 2023 Talks to local organisations Organised visits and tours 271 75 271 75 100 65 165 100 65 165 Incorne from other trdding activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Sales of cream teas. honey and goods Craft courses 2.529 2,529 2,637 2,637 2,529 2,529 2,637 2,637 -14-
The Anne Carpmael Trust (CIO) Notes to the Financial Statements For the year ended 31 March 2024 Investrnent income UnreStred Totsl Funds Unrestricted Total Funds Funds 2024 Funds 2023 Income from listed investments Bank interest receivable Gross rent receivable 825 825 798 213 14,400 15,411 798 213 14,400 15,411 14,400 16,C65 14,400 16,065 Other Income un[estrted Total Funds UnreStred Total Funds Funds 2024 Funds 2023 Fishing rights and wayleaves Compensation from bank 629 629 178 178 629 629 178 178 Costs of raising donations and legacies Unrestrted Total Funds Unrestrictgj Total Funds Funds 2024 Funds 2023 EnlertainnEnt of FrEnds of WthyrrEad Postage, stationery and other 57 81 57 81 138 15 59 15 59 10. Investment management costs unrestr& Total Funds Unrestri¢ted Total Funds Funds 2024 Funds 2023 Portrolio management Investment property management costs Investment property Maintenan costs 201 1.858 201 1.858 272 1,858 1,315 3,445 272 1,858 1,315 3,445 2,059 2,059 15-
The Anne Carpmael Trust {ClO) Notes to the Financial Statements For the year ended 31 March 2024 11. Expenditure on charitable activilies by fund type Unrestricted Funds Restr"cted Total Funds Funds 2024 Maintenance of propety Running costs Trading costs Professional fees Depreciation 8.285 4,837 1,241 4.407 20,029 38,799 9.607 3.490 17,892 8,327 1,241 4,407 20,029 51,896 13,097 Unrestricted Funds Restricted Total Funds Funds 2023 Maintenance of propety Running costs Trarjing costs Professional fees Depreciation 8,490 4,382 1.336 9,866 20,417 44,491 8,490 4,469 1,336 9.866 20,417 44,578 87 87 12. Expenditu on charitable activities by a¢tivity type Unresiricted Restn(Xed FurKIs Funds Total fvnds 2024 Totsl fund 2023 Charitable a¢bvity Governance costs 38,019 13.097 51.116 780 51.896 43,894 684 44,578 38.799 13.097 13. Net gainslllossesl on investsnents unSIn"ed Total Funds Unrestricted Funds 2024 Funds Total Funds 2023 GainslOosse51 on listed invèsbnents Realised Unrealised 5.166 (5,1661 5,166 15,1861 Gain on revalualion of inveslrTErbt prorty 14. Net income lexpenditurel Net income {expenditurel is stated after chargiThJ 2024 2023 Depat)n of tangitAe fixed assets 20,029 20.417 16-
The Anne Carpmael Trust (cio) Notes to the Financial Statements For the year ended 31 March 2024 15. Independent examination fees 2024 2023 Fees payaNe to the independeni Èxarnirw for exafflinaticfi of the finaniial statements 780 16. Stsff costs The total stsff costs and employee berEffts forlhe rewting pericY are analysed as fdlows". 2024 2023 The average head count of employees during the yearwas Nil (2023.. Nil). No employee reVed employee tEnefits of rr> th8n £60.(MX) during the year12023.. Nis). 17. Trustee Thnunerntion and expenses No trustee pad forthe prOvion of gixKls or Serv[ to the charity12ff23- £44). 18. TangÈble fixed assets Land arKI bLtihlingS Equipment Total Cost At 1 April 20rJ Add0S in the year Disposals during year Cost at 31 March 2024 1,276.704 7,930 1,284,634 1.276.704 7,930 1.284,634 Dèpreciation At 1 April 2023 Charge forthe year Disposals dullng year At 31 March 2024 347,250 20,029 19.613 416 359,513 7.766 367.280 Canying amount At 31 March 2024 917,191 164 917,355 At 31 Mard12023 936.804 580 937,384 The freehokl prryjerty was valLd in May 222 by James Eniott (MNAEA) of Davis Tate. This valuation was desktop update of prevTOUS valuations. The market valuewas considered to be £3,742,OCO at 31 March 2022_ The trustees consider that this va5ue is unthanged al 31 March 2024. Stalisfidd Cottage, in which the Charity hokls a reversionary interest, is held in tsTrgiblefixed assets asthe trustees are tsnable to obtain a rel18b measure of value without undue cost. -17-
The Anne Carpmael Trust {ClO) Notes to the Financial Statements For the year ended 31 March 2024 19. Investments LÈsted investmetts Investment property Total Cost or valuation At 1 April 2023 Other movements Carying amount at 31 March 2024 53.342 575.000 628.342 5,044 633,386 575,000 Al 31 Marth 2023 53,342 575,QM)D 628,342 All investments shown above are held at valuatron. The listed imieslmats are heid in an open-ended investment fund managed by Charles Stsnley & Co. The investment property, Springfield Cottage, is considered material in lem)s of value, repsentIng more than 5/0 of the charity's total investments. The investment propety was valued during May 2022 by James Elliott IMNAEAI of Davis Tate. The market value ofthe property was (x)nsKlÈred to be £575.0(M) at 31 Matd12022. The trustees considerthat this value is unthanged at 31 Marth 2024. 20. Debtors and prEpaid expenses 2024 2023 Grants reCeae Piepaid expenses Stttks of sale goods Gift Aid due Other debtors 4.671 1,019 2,161 138 350 6,172 290 2.589 21. Creditors: amounts falling due within one yèar 2024 2023 Accruals and deferred in(x>rne 1.554 4.202 22. Analysis of ehaiitable fun(ts Unrestricted funds General funds At l April 2023 IncorTre Expenditure Transfer from Restricted Fund5 on (aKXtalisation of asset Gains and Uossesl on invesbnents At 31 Marth 2024 1,614,133 26,022 {40,9961 1.604.203 Genernl funds At 1 April 22 Income Expenditure Transfer from Restricied Funds on talISatIon of asset Galns and {losses) on investments At 31 March 2023 1,642,349 23,085 147,9951 1,860 5.166 1.614,133 -18-
The Anne Carpmael Trust {ClO) Notes to the Financial Ststements For the year ended 31 March 2024 22. Analysis of charitable funds eontinued Restricted fvnds At 1 April 2023 At 31 MaTeh 2024 Expenditure Gatehampton Trusl Dorothy Holmes Trusi South OxftMdshire Oistrid Co1 Goring Fishing Club Oxfordshire County Councal Goring Gap News Chittern ConserVatiC Board Mend the Gap {5001 (1.0001 1990) {2.OOL)I (2,9861 {2.0001 {3.1711 450 13.09 1,(KKI 1.(XKI 3.171 1,050 1,050 3.490 10.657 1 April 2022 Inccffie Expenditure At 31 March 2023 Forest Sd)ool enhan(xnenls Gatehampton Trust Dorothy Holmes Trust Solth Oxtordshire Distrrt Council Goring Gap News 1,947 {1,94n 500 1,000 990 1,000 3,490 5.437 1,947 The restrided fuNls are held for the followrng Pur.. Gatehampton Trust fvnding PfOVKJe(I to upgrade the website. wnprovin9 its acttssibility. Dorothy Holmes Tntst funding provided to upgrade the website. improvirMJ tts a(L*ssibilty. South Oxfortshirt District Trust a grant provided to upgrade the website. improving rts accessibility Gorfng Flshing Club". furKling provided to imkwove the pathway through Lrtite Mealow Oxfordshire County Council". funding Provid to improve the palhway thr¢JEgh Litue Meadow Goring Gap News.. fvnding vras pmwdgj Last year to supp)rt the upgrade to the website and this year for essential tree surgèry requi¥ed for health and safety purpow. Chiltem Conservation Board". a grant was prowded uThler the in Prot# Landscapes PTogramme to purchase essential eqwKxnentlo maintain the reserves. Mend the Gap.. a grant to enab the replaCennI arK1 upgrade of the ojrrent boardwalk ift Wthymead to tsne that w1 alk)w aesS lo the reserve forthose wth mobib.ty problems. -19-
The Anne Carpmael Trust {ClO) Notes to the Financial Statements For the year ended 31 March 2024 Analysis ofassets between funds General Reslricteil Reserves Total Fund balances at 31s1 Maweh 2024 are represented by: Tangible fixed assets Investment Current 3ssets Current liabiltb.ès 917,355 633.386 55.016 917.355 633,386 56,066 1,554 1.605.253 1,050 1.604,203 1,050 Genetal Reserves Restrided Re5etves Total Fund baTances at 31st March 2023 are represented by: Tangible fixed assets Investment Current assets Current liatx'lthes 937,384 628,342 52.61 4,202 1.614.133 937.384 628,342 58,099 4.202 1 617,623 3,4 3.490 24. Related Paity Trartsaet50ns There were no rdated paty ljznsacborts requiriThJ disdosure.