## **Trustees' Annual Report for the period** ||Period start date|Period start date|||Period end date|Period end date|| |---|---|---|---|---|---|---|---| |**From **|1|4|2024|**To**|31|3|2025| ## Section A Reference and administration details **Charity name** Monken Hadley Common Trust **Other names charity is known by** N/A **Registered charity number (if any)** 1199156 **Charity's principal address** 23 Tudor Road Barnet Herts **Postcode** EN5 5NW ## **Names of the charity trustees who manage the charity** |1
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3
4
5
6
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10|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Andrew Walker|Chair||| ||Barbara Taylor|||| ||William Boyes|||| ||Roger Headey|||| ||John Hall|||| ||Robert MacNaughton||23/12/24 – 31/3/25|| ||Leonora Petrou||28/10/24 – 31/3/25|| ||Linden Reilly||28/10/24 – 31/3/25|| |||||| |||||| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** |**Name**|**Dates acted if not for whole year**| |---|---| |N/A|| ||| ||| ## **Names and addresses of advisers (Optional information)** |**Name**|**Address**| |---|---| |NatWest|120 High Street, Barnet, EN5 5XQ| |Investec (Rathbones)|30 Gresham Street, London EC2V 7QN| ||| ## **Name of chief executive or names of senior staff members (Optional information)** N/A **TAR** October 2025 1 **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Trust Constitution dated 30 September 2019 - (eg. trust deed, constitution) Monken Hadley Common Act 2022 How the charity is constituted Charitable Incorporated Organisation - (eg. trust, association, company) Trustee selection methods Elected by members of the CIO - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** The primary objects of the Trust are: **Summary of the objects of the charity set out in its governing document** - (a) the preservation of Monken Hadley Common as a place for peaceful open air public recreation and enjoyment; and - (b) the conservation, protection and improvement of the physical and natural environment of the Common for the benefit of the public, having regard to the requirements of good forestry and the desirability of conserving flora and fauna. **TAR** October 2025 2 The primary objects of the Trust are exclusively to provide public benefit through the preservation, conservation and improvement of the Common as a place for public enjoyment. In pursuance of its primary objects, the Trust undertakes the following activities: 1. Own the Common. 2. Manage the Common. 3. Own and manage the other property of the CIO. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** 4. Promote an awareness and understanding of the responsibilities of the public towards maintaining common lands, open spaces, lakes and footpaths in good order and free of litter and preserving them in the interests of the people of present and succeeding generations. 5. Encourage and support the responsible use of the Common by individuals, community groups and schools. 6. Promote, assist, support or oppose representations to local and county authorities and other public bodies and authorities and government departments in relation to or affecting the objects of the CIO and to hold public or other meetings for any such purposes. 7. Promote research into the natural and cultural history of the Common. 8. Promote the publication of papers, periodicals, books, reports or other documents on subjects which relate to the Common. The day-to-day upkeep of the Common is undertaken by the appointed Curators and a team of volunteers. Contractors and specialists are engaged when necessary. ## **Additional details of objectives and activities (Optional information)** ## **Notes to the accounts** The Trustees confirm the following: - No guarantees have been given by the Trust where any potential liability remains outstanding at the date of the statement of assets and liabilities. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. - No debt owed by the Trust is outstanding at the date of the statement of assets and liabilities that is secured by an express charge on the Trust’s assets. - The Trust has not received any significant non-monetary resources, beyond the work of all the volunteers involved. - There have been no transactions with related parties and trustees, other than the membership subscriptions received from Trustees. - No remuneration has been paid to any Trustee or related party. - There were no restricted funds received during the period or held as at the date of the statement of assets and liabilities. **TAR** October 2025 3 Section D Achievements and performance **Summary of the main achievements of the charity during the year** The management and upkeep of the Common has continued throughout the year, with the Curators and volunteers continuing to work diligently for the public benefit. Significant works have included the installation of new litter bins around the area of Jack’s Lake, which were funded by a grant from Barnet Council, partial re-surfacing of the Baker’s Hill Car Park, and the installation of further wooden bollards to deter parking on the verges. The five year Management Plan, presenting a detailed programme for the development and maintenance of the Common for the five years commencing 1 January 2024, remains in place and appropriate, as does the Trust’s Risk Register. Other activity included four classical concerts held by Jack’s Lake, sponsored by local businesses and charities, which raised funds for the Trust and for an independent musical charity. The Trust’s website was redeveloped, and now includes functionality to allow for online donations and membership payments. **TAR** October 2025 4 Section E Financial review Brlef statement of the charity's policy on reserves The resetves policy sets out Ihat a minimum level to allow financial commitments to be met, typically be￿een £5,000 and £10,000, will be maintained in the current account and surplus funds will be made available for investment. The Treasurer reviews forecast expenditure and any known risks to income and ensures there is an adequate balance of funds available at all times. Details of any funds materially in deficit None Further financial revlew details (Optional infonnation) You may choose to include addrtional information, where relevanl about.. the Gharify's principal sources of funds {including any fundraising)., how expenditure has supported the key objectives of the charity- investment policy and objectives including any ethical investment policy adopted. The Trust receives income from membership subscriptions, rents and granting wayleaves to adjoining property owners for access to the Common, donations and grants, and from its investments. In this period donations were received from the Friends of Hadley Common {as part of the winding up of that predecessor Charity), from the London Borough of Bamet, and from some individuals. Expenditure includes invoices paid to specialist Contractors, for forestry, grass-cutting and similar works. and other expenses incurred by the Curators and volunteers. The Trust's investments had a market value of £177,255 as at 3113125. The investments are managed by the appointed investment managers, Investec {now Rathbonès), as a discretionary managed portfolio with a medium risk profile and the objective to generate a certain level of income and preserve the capital value in real temis. The investment income helps to for the u kee of the Common. Section F Other optional information Section G Declaration The trustees declare that they have approv8d the trustees, report above. Signed on behalf of the charity's trustees Signature(s LJJdkr- Full nam￿8) Posltlon (eg Secretsry> Chair, etc) Andrew Walker Chair Date 13110125 TAR October 2025 **----- Start of picture text -----**
Monken Hadley Common Trust 1199156
Receipts and payments accounts CC16a
For the period 01/04/2024 31/03/2025
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Membership subscriptions 4,190 - - 4,190 -
Grants, donations & sponsorship 20,825 - - 20,825 -
Rents and wayleaves 1,004 - - 1,004 -
Car parking 2,315 - - 2,315 -
Investment income 2,295 - - 2,295 -
Gift Aid 1,898 - - 1,898 -
Events 4,305 - - 4,305 -
- - - - -
Sub total (Gross income for AR) 36,833 - - 36,833 -
A2 Asset and investment sales,
(see table).
Sale of investments - - - -
- - - - -
Sub total - - - - -
Total receipts 36,833 - - 36,833 -
A3 Payments
Forestry 6,580 - - 6,580 -
Grass cutting 2,160 - - 2,160 -
Repairs & equipment 73 - - 73 -
Volunteer & Curators' expenses 1,024 - - 1,024 -
Subs and donations 2,867 - - 2,867 -
Insurance 3,222 - - 3,222 -
Printing, postage & IT 1,491 - - 1,491 -
Event costs 4,397 - - 4,397 -
Meeting & Sundry expenses 100 - - 100 -
Common major projects 14,388 - - 14,388 -
- - - -
Sub total [ 36,302 ] - - 36,302 -
A4 Asset and investment
purchases, (see table)
Purchase of investments - - - -
- - - -
Sub total - - - - -
Total payments 36,302 - - 36,302 -
Net of receipts/(payments) 531 - - 531 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end 8,320 - - 8,320 -
Cash funds this year end 8,851 - - 8,851 -
**----- End of picture text -----**
Section B Statement of assets and liabilities at the end of the period Unfestricled funds to nearut£ Restricted funds to ne4rest È Endowment fund¥ to nearest£ aiegones iieta**s Bl Cash funds MHCT main Account U.643 144 MHCT rnembersbip aLVJU MHC clo"CoMm￿, 8(**unt PayPal account Tot81 ¢•sh fvnd$ 8.861 i•w baantè&*lth aThd Pa￿entS aCcoun￿s}) Unrestricted funds n•ar•8t£ Re8trictad fvnd8 to n••r•st £ Endowment funds to n•grort£ DEiails B2 Other monetary assets Fund to whkh au*ibqlong Unr•Sblctsd Currentvalue Details Invest*¢ KWJfL410 83 Inv￿lJn¢rt assets t77,255 Fund to whlch et belong¥ Current value loption411 Details ¢ostloptlonall 84 Assets Tptained for the charitys own use Fund to whlch Irty Td•t AJnountdu• loptlon•ll When due Detalls 85 Llabllltl•$ Siyned by one ortwo Iru5tee5 on beh8Wof all the trustees Signature Print Name Date of roval Andrewwalker 30-Jun-25 ## **Independent examiner's report on the accounts** |**Section A Independent Examiner’s Report**|**Section A Independent Examiner’s Report**| |---|---| |**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Monken Hadley Common Trust
31 March 2025
**Charity no**
**(if any)**
1199156
1-2| ||1-2| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2025. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give 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 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. **Date:** 25 May 2025 **Signed: Name:** Phil Harding **Relevant professional** FCMA **qualification(s) or body (if any): Address:** Eastcoates, Latimer Road, Barnet EN5 5NF ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . None to disclose