Alford WindmillTrust Trustees'Annual Report Forthe year ended 31f4t December 2024 1. Reference and Admlnlstratlve Detalls Charity Name: Alford Windmill Trust Charlty Reglstratlon Number: 1200315 2. Slructure. Governance and Management Alford Windmill Trust is a charitable organisation governed by a Board ofTrustees. The Trustoperates under a governing document Ithe Trust Deed) and is supported by volunteers who helpto preserve and promotethe historic Alford Windmill forthe benefit ofthe communityand visitors. Trustees meet regularly to review the Trust's activities. finances, and strategic direction, ensuringcomplianc8 Wlth charity law and good governance practices. 3. Objectives and Activitles The obj8Cts ofthe charity are: To preserve Alford Windmill, a historic f ive-sail windmill, for the public benefit. To educate the public about the history and heritage of Alford and its milling tra(iitions. To provide opportunities for community engagement, volunteering, and heritage learning. The Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published bythe Charity Commission when carrying out the charity's aims and activities.
- Achlevements and Performance The 2024 f inancial year has been particularly challenging for the Alford Windmill Trust due to circumstances beyond the Trust's control. The Trust had planned to progress wlth the development of the site, includingthe opening of a café and exhibition space to generate a sustainable income stream, However: The Levelling Up Fund, which was previously allocated to support the windmill site's development, was withdrawn and reallocated to the Manor House project. Lincolnshire County Council has not e8rmarked the substantial funding required to undertake the essential repairs to the historic windmill, leaving the site ir) a state where it cannot operate as intended. As a result, the Trust has been unable to proceed with the café opening orgenerale any Income from the site. Volunteers. who remain committed to the preservation ofthe windmill, have expressed disheartenment as these delays have restricted their ability to engage the public and advance the Trust's aims. Furthermore, the Trust has been unable to secure grants from heritage and community funding bodies because it currently does not have a lease or formal rental agreement for the windmlll site, a prerequisite for most funding applications. Despite these significant obstacles, the Trustees and volunteers had continued to advocate for the restoration and future sustainability of Alford Windmill, maintaining the Trust's readiness to deliver community and educational programmes once the site becomes operatlon81. However, this has become fruitless.
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Financlal Review The Trust has had minimal income durlng the year, 88 no trading activities or calé operations have been possible. Expenditure has been limited to essential adminislrative costs and the maintenance of the Trust's statutory obligations. Reserves remain low, and theTrustees acknowledge that without progress on site development and funding support, the Trust will contlnue to face flnancial constraints.
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Plans lor the Future Unfortunately, the board has decided thatthe trust should Close in light that no movement on the site by Lincolnshire County Council is planned for the foreseeable f uture. In 2022, Alford Town Coun¢ll awarded the Windmill Trust a grantto purchase kitchen equipment intended for the future café. This equipment is currently stored in a rented storage container, the cost ofwhich is being covered byAlford Town Council as Lincolnshire County Council instructed the Trust that the site had to be emptied. Given that these items were purchased entirelywith public monies provided via the Council, the Trustees have resolved that: All assets held bythe WindmillTrustwill be transferred to Alford Town Councilto ensure their preservation for the town. Thistransfer means the Trust will hold no tangible assets in its own name goingforward 8S It is the intention of the Trustees to close the Trust. Should the windmill be restored and reopened in thefuture. Alford Town Councilwill retain these 8ssets to facilitate the operation of the site as originally intended by the Trust and the wider community ofAlford.
- Stalement of Trustees, Responslbllltles The Trustees are responsible for preparing this report and the financial statements in accordance with applicable law8nd the Charity Commission's requiremenls. Approved bythe Board ofTrustees on 1" October 2024 Signed on behalf ofthe Trustees:
CHARITY COMMISSION ' FOR ENGLAND ANO WALES 17.Tr0.31. Receipts and payments accounts CC16a For the period from 1st Jan 2024 3181 D8c 2024 Section A Receipts and payments Unrestrlcted funds Restrlcted funds Endowment funds Total funds Last yaar to thè nè&rest to th8 nagrttgt £ Io tho n•aré81£ thè no4r&st £ A1 Recelpts Fundraising Coop Grant 378 656 378 656 Sub total(Gross income for AR) 1.034 1,034 A2 Asset and Investment sales. (see table). Sub total 1,034 1,034 A3Pa ments Utililie&8leCO8 2.212 2,212 Sub total 2.212 2.212 A4 Asset and Investment pureha5e5,15ee table) Sub total 2,212 2.212 Net of recelpts/(payments) AS Transfers between funds A6 Cash funds last year end Cash funds this year end 1,178 1,178 1.517 339 1,517 339 CCXX Rl accounts ISSI 2810712025
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nèarest £ Restricted funds to neore5t £ Endowment funds to nearest £ CategoTles Details rotal cash funds lagie2 bdErte5wbth recelpt$ paymen u51) Unrestrlct8d funds lo nearest£ R85trlcted funds to nearest£ Endowment funds to naare$t£ Detalls B2 Other monetary as$8ts Fund to whlch asset belon Current value Detalls Cr*gt loptlonAII B3 Invastment assets Fund lo whlch asset belon Detalls C09t laptl4)nall CurrentVAlue B4 Assets rotained for the charlty's own use Fund to whlch relates Amounl dua 'When due t10r1 Details B5 Llabllltlas sMed by one or trus188s on behalf of all the Iru5tees SvJnature Print Name Date ol rtsval ILrt7 L[LI Ior 24/7/kts CCXX R2 aGGount5 ISSI 2610712025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Rèport to the trusteesl members of On accounts for the year ended 31sI December 2024 Charlty no {if any) 1200315 Set out on pages 1 of1 I report to th8 trustees on my examination of the accounts of the above charity ("the Trusf,) for Ihe year ended Responslbllltles and As Ihe charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requiremants 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 examinalion, I have followed the applicable Directions given by the Charity Commission under section 14515)(b) of the Ad. I hav8 completed my examination. I confirm that no material malters have come to my altenlion (other thall that disdosed below ') in connectlon with the examination which gives me cause to believe thal in, any malerial respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord wilh the accounting records Independent examiner's statement I have no concerns and have Gome across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not appty. Signed: Date: 2610712025 Name: Dr Lynnelte Pryke Relevant professional qualification(s> or body (if any).. Responsible Financial Officer Alford Town Council Address: The Civic and Library Building 5-6 South Market Place Alford, Lincolnshire IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (se8 CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disc105e. IER October 2018