Trustees' Annual Report for the period
| Period start date | Period start date | Period end date | Period end date | ||||
|---|---|---|---|---|---|---|---|
| **From ** | 1 | 4 | 2025 | To | 31 | 3 | 2026 |
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 2 3 4 5 6 7 8 9 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 | 1/4/25 – 3/7/25 | |||
| John Hall | ||||
| Robert MacNaughton | ||||
| Leonora Petrou | ||||
| Linden Reilly | ||||
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 |
| Rathbones | 30 Gresham Street, London EC2V 7QN |
Name of chief executive or names of senior staff members (Optional information)
N/A
TAR
1
June 2026
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;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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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
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(a) the preservation of Monken Hadley Common as a place for peaceful open air public recreation and enjoyment; and
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(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
2
June 2026
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:
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Own the Common.
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Manage the Common.
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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)
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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.
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Encourage and support the responsible use of the Common by individuals, community groups and schools.
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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.
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Promote research into the natural and cultural history of the Common.
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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:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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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.
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The Trust has not received any significant non-monetary resources, beyond the work of all the volunteers involved.
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There have been no transactions with related parties and trustees, other than the membership subscriptions received from Trustees.
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No remuneration has been paid to any Trustee or related party.
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There were no restricted funds received during the period or held as at the date of the statement of assets and liabilities.
TAR
3
June 2026
Section D Achievements and performance
Summary of the main The management and upkeep of the Common has continued throughout achievements of the charity the year, with the Curators and volunteers continuing to work diligently for during the year the public benefit.
In August 2025 the Monken Hadley Common Trust Regulations came into force, following approval by the Secretary of State for the Environment, Food and Rural Affairs (DEFRA). The Regulations have been published on the Trust’s website.
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. The Risk Register was reviewed and updated by Trustees during the year.
The Trust’s application to Barnet Council for NCIL funding for repairs to the southern bank of Jack’s Lake was approved in full, and work commenced shortly after the year end.
A further season of classical concerts was held by Jack’s Lake, sponsored by local businesses and charities, which raised funds for the Trust and for an independent musical charity.
During the year a significant legacy was received.
TAR
June 2026
4
Section E Financial review Brief statement of the ¢harlty'$ policy on re$er¥es The reserves policy sets out that a minimum level to allow financial commitments to be met, typically beeen £5,000 and £10,000, will be maintained in the currenl account and surplus funds will be made available for investment. The Treasurer reviews forecast expenditure and any known risks to income and ensures there is an adequale balance of funds available at all times. Funds at the year end were higher than our normal reserves, following receipt of 8 legacy and the first tranche of NCIL grant hJnding. Funds were maintained at this higher level while the Jack's Lake repair project was carried out in April 2026. and surplus funds were moved to the investment ortfolio after the ear end. Detalls of any funds materlally in deficit None Further flnan¢lal revlew detalls Ioptlonal Informatlonl You may choose to include additional information, where relevant about". the charrty's principal sour$ of funds (including any fundraising)., how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethieAI investment policy adopted. The Trust receives income from membership subscriptions, Tents and granling wayleaves to adjoining propety owners for access to the Common, donations and granls, and from its investments. Expenditure includes invoice5 paid to specialist contractors for forestry, grass-cutting and similar works, and other expenses incurred by the Curators and volunteers. The Trust's inveslments had a market value of £198,714 as at 3113126. The investments are managed by the appointed investment managers, Rathbones, as a discrelionary managed portfolio with a medium risk profile and the objective to generate a certain level of income and preserve the capital value in real terms. The investment income helps to pay for the upkeep oflhe Common. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnaturelsl Full namels) Position {eg Secretary, Chalr, etc) Andrew Walker Chair Date 8° June 2026 TAR Junè 2028
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Monken Hadley Common Trust 1199156
Receipts and payments accounts CC16a
For the period 01/04/2025 31/03/2026
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Membership subscriptions 4,238 - - 4,238 4,190
Grants, donations & sponsorship 75,803 - - 75,803 20,825
Rents and wayleaves 3,315 - - 3,315 1,004
Car parking 780 - - 780 2,315
Investment income 1,025 - - 1,025 2,295
Gift Aid 2,811 - - 2,811 1,898
Events 5,805 - - 5,805 4,305
- - - - -
Sub total (Gross income for AR) 93,777 - - 93,777 36,833
A2 Asset and investment sales,
(see table).
Sale of investments - - - -
Sub total - - - - -
Total receipts 93,777 - - 93,777 36,833
A3 Payments
Forestry 5,900 - - 5,900 6,580
Grass cutting 1,680 - - 1,680 2,160
Repairs & equipment 1,956 - - 1,956 73
Volunteer & Curators' expenses 991 - - 991 1,024
Clearance 240 - - 240 -
Subs and donations 2,867 - - 2,867 2,867
Insurance 3,471 - - 3,471 3,222
Printing, postage & IT 644 - - 644 1,491
Professional fees 823 - - 823 -
Event costs 7,065 - - 7,065 4,397
Meeting & Sundry expenses 150 - - 150 100
Common major projects 18,426 - - 18,426 14,388
- - - -
Sub total [ 44,212 ] - - 44,212 36,302
A4 Asset and investment
purchases, (see table)
Purchase of investments - - - -
Sub total - - - - -
Total payments 44,212 - - 44,212 36,302
Net of receipts/(payments) 49,566 - - 49,566 531
A5 Transfers between funds - - - - -
A6 Cash funds last year end 8,851 - - 8,851 8,320
Cash funds this year end 58,417 - - 58,417 8,851
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Section B Statement of assets and liabilities at the end of the period Llnrestricted funds Restncted fundg Endowmern funds to nwr••tt Categories Detalts B1 Cash funds MHCT m•n Acc¢u S3,477 3N96 1,443 58,417 MHCT mernberthlp IKc4t PJyP accoufflt Total Cash lunds Unr05trlct8d lunds Restrfctsd funds Endowment funds Detsils to nMrwt£ to n•ar•Kt£ to TrBarHt£ FuThd to whkh et bdong Unre81rfctsd Detai15 Investec CO lopoonall CTIenty110 B3 Invèstm•nt asa•ts 190.714 to whlth ••t bdoDg• CuTr•nt v•lu• lopUon•ll 84 Assets retalned for the charity's own use Fund to whlch JTrountdu• loplSonall Vth•Tr lupUonall Oetsils B5 Liabilities Sionèd by one orlwo trustees on behatf of all the Iwslee5 SignatrJre Print N8me Date of roval Andrew Walk 08-Jun-26
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 2026 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 31/03/2026. 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:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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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: 11 May 2026 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 None to disclose examiner wishes to disclose .