## **Trustees’ Annual Report for the period**
**From 1[st] January 2024 to 31[st] December 2024**
## **Charity name: The Wansford Road CIO Charity registration number: 1201981**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To promote for the benefit of the public**
**the preservation and protection of the**
**historic building The Wansford Road**
**railway station and to advance the**
**education of the history of the building**
**by providing public access and in other**
**such ways as the trustees see fit**|
|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|**Securing approval for the creation of a**
**railway station building on a site**
**adjoining the Railworld Wildlife Haven**
**and the Nene Valley Railway in**
**Peterborough.**
**Dismantling and relocating the**
**Wansford Road station building to a**
**temporary storage compound.**
**Establishing foundations for the new**
**building and preparing for construction**
**to begin.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**In the activities above, and in the**
**original purpose, the trustees have at all**
**times had due regard to the guidance**
**offered by the Charity Commission.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**We do not intend making grants.**|
|Policy on social investment
including program related
investment|Para 1.38|**We do not intend making use of social**
**investments.**|
|Contribution made by
volunteers|Para 1.38|**We plan to actively seek help from**
**volunteers to fit-out and operate the**
**station once rebuilding is complete.**
**However, in this year there has been no**|
**opportunity for such activity.** Other **N/A**
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
**----- End of picture text -----**
|**Achievements and Performance**|**Achievements and Performance**|**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|**Our activities in the year have been of a**
**preparatory nature. We have been**
**granted planning permission to erect**
**new buildings at the Railworld/Nene**
**Valley site at Peterborough.**
**Dismantling and relocation of the**
**original build has been completed and**
**we have appointed contractors who**
**have laid foundations and are starting to**
**erect the walls.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**Physical progress has been slower than**
**anticipated. Both Bats and Nesting birds**
**delayed the dismantling of the original**
**building and the ground upon which the**
**reconstruction is to be erected has been**
**determined to require piling to ensure**
**stability. This has cost both time and**
**money but is now overcome.**|
|---|---|---|
|Performance of fundraising
activities against objectives
set.|Para 1.41|**We have again enjoyed the financial**
**support from National Highways**
**Designated Funds throughout the year.**
**There has been no significant other**
**fundraising activity in the year.**|
|Investment performance
against objectives|Para 1.41|**We have made no investments.**|
|Other||**N/A**|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**A CC17a Statement of Annual Accounts**
**is appended to this report.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We have not yet decided to hold**
**reserves.**|
|Amount of reserves held|Para 1.22|**Nil**|
|Reasons for holding zero
reserves|Para 1.22|**As last year, almost all our expenditure**
**is underwritten by our funders and so**
**we have not been actively fundraising,**
**Consequently there are no funds to**
**allocate to reserves. We hope this will**
**change in the coming year.**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**We are currently dependent upon**
**National Highways Designated Funds,**
**who have committed pay for the**
**rebuilding costs to the state of a**
**weathertight shell. We do not have**
**sufficient funds to take building to a**
**visitor-ready state and so are actively**
**attempting to raise funds.**|
## **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|**See above.**
**We are applying to NLHF, local Landfill**
**Grantmakers and other organisations**
**who offer support to the preservation of**
**heritage buildings.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**We have made no investments**|
|A description of the principal
risks facing the charity|Para 1.46|**Continued difficulty generating**
**sufficient funds to be able to open the**
**building and begin earning income.**|
|Other||**N/A**|
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**None**|
|---|---|---|
|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|**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|**Between 3 and 6 trustees are required.**
**Initial named trustees appointed in 2023**
**for 3 years. Constitution dictates that**
**trustees appointed by resolution.**|
## **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|**The charity trustees will make available**
**to each new charity trustee, on or before**
**his or her first appointment a copy of**
**the current version of the constitution**
**and a copy of the CIO’s latest trustees’**
**Annual Report and statement of**
**accounts.**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The trustees have appointed one of their**
**members as a chairperson for their**
**meetings and a secretary/treasurer to**
**undertake the organisational duties**
**required. The other trustees are**
**assigned particular duties as and when**
**required.**|
|Relationship with any
related parties|Para 1.51|**The charity has a close relationship with**
**two neighbouring charities, the**
**Railworld Wildlife Haven and the Nene**
**Valley Railway.**|
|Other||**N/A**|
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name The Wansford Road CIO
Other name the charity uses Woodstone Wharf
Registered charity number 1201981
Charity’s principal address Woodstone Wharf Station
Pleasure Fair Meadow Road
Peterborough
PE2 9NR
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint
whole year
trustee (if any)
1 Dorothy Ball Chairperson
2 Stanley Bell Secretary/Treasurer
3 Alan Scott
4 Craig Owen
5 Philip Marshall
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets None held in this capacity Name and objects of the charity on whose behalf the N/A assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and N/A segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
## **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) Position (eg Secretary, Chair, etc) Date**
||Charity No
(if any)
**1201981**
Period start date
**01/01/2024**
**To**
Period end
date
**31/12/2024**
**The Wansford Road CIO**
Annual accounts for the period|Charity No
(if any)
**1201981**
Period start date
**01/01/2024**
**To**
Period end
date
**31/12/2024**
**The Wansford Road CIO**
Annual accounts for the period|
|---|---|---|
|**Section A**|**Statement of financial activities**||
|**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
89
-
89
-
-
-
-
-
-
-
-
-
-
-
-
427,721
-
427,721
51,572
2,000
-
-
2,000
7,000|
|||2,089
427,721
-
429,810
58,572|
|||-
-
-
-
-
-
-
-
428,481
-
428,481
38,900
5,256
-
-
5,256
4,090|
|||5,256
428,481
-
433,737
42,990|
||||
|||3,167
-
761
-
-
3,927
-
15,582|
|||-
-
-
-|
|||3,167
-
761
-
-
3,927
-
15,582|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|||3,167
-
761
-
-
3,927
-
15,582|
|||995
14,587
-
15,582|
|||2,172
-
13,826
-
11,655|
||||
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01
-
-
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
-
-
-
-
-
-
- -|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|
||||||-
-
-
-|
|||-|-|-
-|-|
|||-
-
-
10,474|-
79,988
-|-
-
- 79,988
-
-
-
10,474||
||||||-
-
-
15,582|
|||10,474|79,988|-
90,462|15,582|
||||||12,039|
|||-|93,309|- 93,309||
|||||||
|||10,474|- 13,321|- - 2,847|3,543|
|||||||
|||10,474|- 13,321|**-**- 2,847|3,543|
||||||-
-|
|||-
5,010|-
-|- -
-
5,010||
|||||||
|||5,464|- 13,321|-
7,857
-|3,543|
|||-
5,464|- 13,321|-
- 13,321
- 5,464
-||
||||||-
-
-|
|||5,464|- 13,321|- - 7,857|-|
|||Signature||Print Name|Date of
approval
dd/mm/yyyy|
CC17a (Excel)
07/03/2025
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Practice: Accounting and Reporting by Charities
- • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.* Yes
- -Tick as appropriate
## **1.2 Going concern**
## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
|Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
Disclosure of any uncertainties that make the
going concern assumption doubtful;
An explanation as to those factors that support
the conclusion that the charity is a going
concern;|
**_Not Applicable_**
**_Not Applicable_**
**_Not Applicable_**|
|---|---|
**----- Start of picture text -----**
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
|Yes*
No*
**1.4 Changes t**
No changes to a|**o accounting estimates**
ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).|**o accounting estimates**
ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).|
|---|---|---|
|||* -Tick as appropriate|
||||
## _**Please disclose:**_
_**(i) the nature of any changes;**_
- _**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
|Yes*
No*
No material prior|year erro|r have been identified in the reporting period (3.47 FRS 102 SORP).|
|---|---|---|
|||* -Tick as appropriate|
||||
## _**Please disclose:**_
_**(i) the nature of the prior period error;**_
- _**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_
_**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
CC17a (Excel)
07/03/2025
3
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
|**PRACTICE**||||
|---|---|---|---|
|**Please provide a description**||||
|**of the nature of each change**||**Not Applicable**||
|**in accounting policy**||||
|**_Reconcilation of funds per previous GAAP to_**|||**_funds determined under FRS 102_**|
|**Fund balances as previously**||**Start of**
**period**
**£**|**End of**
**period**
**£**|
|**stated**||||
|**_Adjustments:_**||||
|**Fund balance as restated**||||
|**_Reconcilation of net income/(net expenditure)_**|||**_per previous GAAP to net income/(net expenditure) under FRS 102_**|
|**Net income/(expenditure) as**|**previously**||**End of**
**£**|
|**stated**||||
|**_Adjustments:_**||||
|**Previous period net income/(expenditure) as**||||
|**restated**||||
CC17a (Excel)
07/03/2025
4
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related**
**grants**
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.|Yes
No
N/a
Yes
No
N/a
|
|---|---|
||
|
||Yes
No
N/a
Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a
Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
|**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
They are valued at cost.
These are capitalised if they can be used for more than one year, and cost at least
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.|Yes
No
N/a|
|---|---|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a
Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a|
||
|
||Yes
No
N/a
|
**----- Start of picture text -----**
The charity has has investments which it holds for resale or pending their sale and cash and cash Yes No N/a
equivalents with a maturity date less than one year. These include cash on deposit and cash
Current asset investments
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
**----- End of picture text -----**
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 89 - - 89 -
and legacies: - - - -
Total 89 - - 89 -
Charitable
activities: - - - - -
None - - - - -
Total - - - - -
Other trading
activities: - - - - -
None - - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate Rebuild of Wansford Rd Stn - 427,721 - 427,721 47,004
material item - - - - -
of income: - - - - -
- - - - -
Total - 427,721 - 427,721 47,004
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - Loan from Trustee 2,000 - - 2,000 -
Total 2,000 - - 2,000 -
TOTAL INCOME 2,089 427,721 - 429,810 47,004
**----- End of picture text -----**
## **Other information:**
**All income in the prior year was unrestricted except for: (please provide description and amounts)**
Prior year restricted income was from National Highways Designated Fund £47004
**Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.**
**Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.**
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
Not applicable Not applicable Current Year material income from National Highways Designated Fund
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Other**
**Government grant 1**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**£**
**Description**|**This year**
**£**
**Description**|
|---|---|---|
||-
None||
||-
**Total**
-
**Last year**
**£**
None
**Description**||
|||**Last year**
**£**|
||None|-|
||-
**Total**
-
**This year**
**Last year**
None|-|
||None
None||
||**This year**
**Last year**||
||None
None||
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
**----- Start of picture text -----**
This year Last year
£ £
Seconded staff - -
Use of property - -
Other - -
- -
This year Last year
Please provide details of the
accounting policy for the recognition
Not Applicable
and valuation of donated goods,
facilities and services.
Please provide details of any
unfulfilled conditions and other
contingencies attaching to resources Not Applicable
from donated goods and services not
recognised in income.
Please give details of other forms of The Wansfrod Road CIO is managed by its five
other donated goods and services not trustees who receive no reimbursement for the
recognised in the accounts, eg incidental costs that they incur. This is
contribution of unpaid volunteers. discussed in the Trustees Retport
**----- End of picture text -----**
CC17a (Excel)
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## **Section C Notes to the accounts (cont)**
**----- Start of picture text -----**
Note 6 Analysis of expenditure
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
None
- - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
None - - - - - - - -
Total expenditure on charitable
activities - - - - - - - -
Separate material item of expense
Rebuild of Wansford Rd Stn - 428,481 - 428,481 32,417 - 32,417
- -
- -
Total - 428,481 - 428,481 - 32,417 - 32,417
Other
Unrestricted 5,526 - - 5,526 10,573 - 10,573
Total other expenditure 5,526 - - 5,526 10,573 - - 10,573
TOTAL EXPENDITURE 5,526 428,481 - 434,007 10,573 32,417 - 42,990
Other information:
Analysis of expenditure on charitable activities
This year Last year
Activities Grant Activities Grant
Support Total this Support Total last
Activity or programme undertaken funding of undertaken funding of
Costs year Costs year
directly activities directly activities
£ £ £ £ £ £ £ £
None - - - - - - - -
Total - - - - - - - -
**----- End of picture text -----**
CC17a (Excel)
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**Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
**----- Start of picture text -----**
This year Last year
Description £ £
Extraordinary item 1
There are no extraordinary items.
- -
Total extrordinary items
- -
**----- End of picture text -----**
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**Section C Notes to the accounts**
**Note 8 Funds received as agent**
_**8.1 The charity did not act as an agent in this, or the previous, year.**_
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts**
## **Note 9 Support Costs**
## _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
**----- Start of picture text -----**
Support cost Raising funds Activity 1 Activity 2 Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
Governance - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
- - - - -
Total
**----- End of picture text -----**
## **Last year**
|Governance
Other
**Total**
**Support cost**
**(examples)**|**Raising funds**
**Activity 1**
**Activity 2**
**Activity 3**
**Grand total**
**Basis of allocation**
**£**
**£**
**£**
**£**
**£**
**(Describe method)**
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -|
|---|---|
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
**Not Applicable - the charity does not apportion costs between activities**
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If nothing_**
**_was paid please enter '0' in the appropriate box(es)._**||
|---|---|
|Total
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**|
||595 -|
||- -
- -
- -
595
-|
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts (cont)**
**Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_
_**Not applicable - the charity has never had any employees**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
_**Not applicable - the charity has never operated any pension scheme.**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
_**Not applicable - the charity has never made any grants or donations.**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts**
**Note 14 Tangible fixed assets**
_**Please complete this note if the charity has any tangible fixed assets**_
_**Not applicable - the charity has n tangible fixed assets**_
CC17a (Excel)
07/03/2025
19
## **(cont)**
_**never had any s**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
**Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_
_**Not applicable - the charity has never had any intangible fixed assets**_
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07/03/2025
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**Section C Notes to the accounts (cont) Note 16 Heritage assets** _**Please complete this note if the charity has heritage assets Not applicable - the charity has never had any heritage assets**_
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07/03/2025
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**Section C Notes to the accounts (cont)**
**Note 17 Investment assets**
_**Not applicable - the charity has never had any investment assets**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
**Note 18 Stocks**
_**Please complete this note if the charity holds any stock items**_
_**Not applicable - the charity has never held stock items**_
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
**19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors**
**----- Start of picture text -----**
This year Last year
£ £
- -
78,708.17 -
1,279.80
- -
79,987.97 -
**----- End of picture text -----**
**Total**
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||- -|
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
- - - -
- - - -
75,416 12,039 - -
- - - -
12,883 - - -
- - - -
5,010 - - -
**Amounts falling due within**
**one year**
**Amounts falling due after**
**more than one year**|
|---|---|
||93,309
12,039
- -|
## **20.2 Deferred income**
|**20.2 Deferred income**||
|---|---|
|**_Please explain the reasons why income is deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
**_Please complete this note if the charity has deferred income._**
**This year**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
**Last year**|
||- -|
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
_**Not applicable - the charity has never had to make provision for liabilities and charges**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
**Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
_**Not applicable - the charity has no other disclosures in respect of this or last year**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
**Note 23 Contingent liabilities and contingent assets**
_**Not applicable - the charity held no contingent assets in the current or preceding year**_
CC17a (Excel)
07/03/2025
29
**Section C Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**Note 24 Cash at bank and in hand**||
|---|---|
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**Last year**
**£**
**£**
- -
- -
10,474 15,582
- -|
||10,474 15,582|
CC17a (Excel)
07/03/2025
30
## **Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
**This year Last year 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that** Not Applicable Not Applicable **the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11,** Not Applicable Not Applicable **FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
CC17a (Excel)
07/03/2025
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## **Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the**_
|**Please provide details of the nature of the**
**event**
**Provide an estimate of the financial effect**
**of the event or a statement that such an**
**estimate cannot be made**|**This year**
**Last year**|
|---|---|
||Not Applicable
Not Applicable|
|||
||Not Applicable
Not Applicable|
CC17a (Excel)
07/03/2025
32
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Used to fund the relocation and rebuilding
Station Rebuild Fund R 14,587 427,721 - 428,481 - 13,826
of the new station in Peterborough
- - 2,172
General Funds U Any purpose 995 2,089 - 5,256
-
- -
- - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 15,582 429,810 - 433,737 - - 11,655
**----- End of picture text -----**
CC17a (Excel)
07/03/2025
33
**Section C Notes to the accounts (cont)**
**Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Used to fund the relocation and rebuilding
Station Rebuild Fund R
of the new station in Peterborough
- 47,004 - 32,417 - - 14,587
General Funds U Any purpose - 11,568 - 10,573 - - 995
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds - 58,572 - 42,990 - - 15,582
**----- End of picture text -----**
CC17a (Excel)
07/03/2025
34
**Section C Notes to the accounts (cont) Note 27 Charity funds (cont)**
_**Not applicable - the charity has never transferred money between funds**_
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**----- Start of picture text -----**
TRUE
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
-
-
- -
**-**
-
-
- -
**-**
-
-
- -
**-**
-
-
- -
**-**
**Amounts paid or benefit value**|
|---|---|
_**Please give details of why remuneration or other employment benefits were paid.**_ **Not Applicable** _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ **Not Applicable**
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**
**_Please give details of why remuneration or other_**
**_employment benefits were paid._**
**_Where an ex gratia payment has been made to a trustee,_**
**_provide an explanation of the nature of the payment._**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
-
-
- -
**-**
-
-
- -
**-**
-
-
- -
**-**
-
-
- -
**-**
**Amounts paid or benefit value**|
|---|---|
||**Not Applicable**
**Not Applicable**|
CC17a (Excel)
07/03/2025
36
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
**----- Start of picture text -----**
No trustee expenses have been incurred (True or False) FALSE
This year Last year
Type of expenses reimbursed
£ £
Travel - -
Subsistence - -
Accommodation - -
Other (please specify): Material purchases in support of historic window
refurbishment
173 -
- -
TOTAL 173 -
Please provide the number of trustees reimbursed for expenses or who
had expenses paid by the charity One None
**----- End of picture text -----**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
|**There have been no related party transactions in the reporting**|**There have been no related party transactions in the reporting**|**There have been no related party transactions in the reporting**|**There have been no related party transactions in the reporting**|**period (True**|**or False)**|**or False)**|||||**TRUE**|**TRUE**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||
|||||||||||||**Amounts**||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**||**Provision for bad debts**
**at period end**||||**written off**
**during**
**reporting**
||
|||||||||||||**period**||
|||||**£**||**£**|||**£**||||**£**|
|||||||||||||||
|||||||||||||||
|||||||||||||||
|||||||||||||||
|||||||||||||||
|**_In relation to the transactions above, please provide the_**||||||||||||||
|**_terms and conditions, including any security and the nature_**
**_of any payment (consideration) to be provided in_**|||||||**Not Applicable**|||||||
|**_settlement._**||||||||||||||
**----- Start of picture text -----**
Not Applicable
**----- End of picture text -----**
_**For any related party, please provide details of any guarantees given or received.**_
CC17a (Excel)
07/03/2025
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## **Last year**
**----- Start of picture text -----**
There have been no related party transactions in the reporting period (True or False) TRUE
Amounts
written off
Name of the trustee Relationship Description of the Balance at Provision for bad debts
Amount during
or related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
In relation to the transactions above, please provide the
terms and conditions, including any security and the nature
Not Applicable
of any payment (consideration) to be provided in
settlement.
For any related party, please provide details of any
Not Applicable
guarantees given or received.
**----- End of picture text -----**
CC17a (Excel)
07/03/2025
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**Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
Not Applicable
CC17a (Excel)
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## Independent Desktop Review Report
Client: The Wansford Road CIO Period: 2024 Management Accounts (Sage)
Prepared by: Pui Lee, ICAEW Chartered Accountant, LeeP Accountants, Peterborough Date: 25 February 2025
## 1. Introduction
This report presents the findings of an independent desktop review of the 2024 management accounts prepared using Sage for The Wansford Road CIO. The review was conducted in my capacity as an ICAEW chartered accountant at LeeP Accountants in Peterborough.
## 2. Scope of Review
The procedures performed during this review included:
- Spot checking the largest income and expense source documents and crosschecking these against the bank statements.
- General review of the monthly profit and loss to identify any irregularities or unusual transactions
- Review of balance sheet items against supporting documentation
- Verifying the latest (December 2024) VAT return against HMRC records.
- Recommending necessary adjustments for the year-end accounts reporting in accordance with FRS102.
## 3. Findings
No material exceptions were identified. Based on the review, the accounts represent a true and fair reflection of the underlying transactions of the business.
## 4. Conclusion
In my opinion, the 2024 management accounts accurately reflect the transactions of The Wansford Road CIO.
## 5. Enclosures
Attached to this report are the Profit and Loss statement and the Balance Sheet, which provide additional detail on the accounts reviewed.
## 6. Caveats and Limitations
This report is based solely on a desktop review and does not constitute an audit. The procedures performed were limited in scope and are not intended to detect deliberate fraud or misappropriation of assets. Users of this report should be aware that it provides limited assurance compared to a full audit.
## **The Wansford Road CIO**
## **Profit and Loss Report**
_01 January, 2024 - 31 December, 2024_
|**Sales**|||
|---|---|---|
|4900 - Other income|427,720.58||
|4950 - Donations|88.97||
||**Total Sales**|**£427,809.55**|
|**Direct Expenses**|||
||||
||**Total Direct Expenses**|**£0.00**|
||**GROSS PROFIT / LOSS**|**£427,809.55**|
|**Overheads**|||
|5050 - Sub-Contractors|14,914.42||
|5500 - Dismantling Work|116,926.48||
|5510 - Building Preparation|135,021.52||
|5520 - Foundations|33,072.13||
|5530 - Construction|77,662.19||
|7340 - Miscellaneous Vehicle Expenses|69.21||
|7500 - Printing|43.69||
|7540 - Internet Charges|44.00||
|7550 - Computer & Software|174.00||
|7600 - Legal Fees|1,033.00||
|7610 - Accountancy Fees|595.00||
|7620 - Consultancy & Professional Fees|54,632.50||
|7630 - Business Insurance|535.87||
|7800 - Repairs and Renewals|173.20||
||**Total Overheads**|**£434,897.21**|
||||
25 Feb 2025 12:01
Page 1 of 2
**NET PROFIT / LOSS -£7,087.66**
25 Feb 2025 12:01
Page 2 of 2
## **The Wansford Road CIO**
## **Balance Sheet Report**
_To: 31 December, 2024_
|**ASSETS**|||
|---|---|---|
|**Fixed Assets**|||
||||
||**Total Fixed Assets**|**£0.00**|
|**Current Assets**|||
|1100 - Trade Debtors|78,708.17||
|1200 - Metro Bank Current Account|10,474.15||
|1400 - Prepayments|1,279.80||
||**Total Current Assets**|**£90,462.12**|
||||
||**TOTAL ASSETS**|**£90,462.12**|
||||
|**LIABILITIES**|||
|**Current Liabilities**|||
|2100 - Trade Creditors|90,483.66||
|2110 - Accruals|12,882.81||
|4960 - Trustees Loans|5,000.00||
|6111 - Outgoing Refund due|136.00||
|6211 - Anticipated payment|4.51||
|VAT|-15,067.72||
|_2202 - VAT Liability_|-15,067.72||
||**Total Current Liabilities**|**£93,439.26**|
|**Future Liabilities**|||
||||
||||
25 Feb 2025 11:44
Page 1 of 2
|**Total Future Liabilities**|**£0.00**|
|---|---|
|||
|**TOTAL LIABILITIES**|**£93,439.26**|
|||
|**TOTAL NET ASSETS**|**-£2,977.14**|
|||
|**EQUITY**||
|Net Profit / Loss
-2,977.14||
|_Net Profit / Loss (prior year(s))_
4,110.52||
|_Net Profit / Loss (current year)_
-7,087.66||
|**TOTAL EQUITY**|**-£2,977.14**|
25 Feb 2025 11:44
Page 2 of 2
## **Appendix**
## **Queries raised**
1. Fordson invoice 0583 for £84,286.86 inc VAT dated 3/10/24 paid on 10/10/24 – AGREED TO INVOICE SUPPLIED
2. Fordson inv 0600 for £88,534.90 inc VAT dated 31/12/24 (paid 23/1/25) AGREED TO INVOICE SUPPLIED
3. Hudson Architects inv WAN 08/5233 dated 31/1/24 for £4,569.72 inc VAT AGREED TO INVOICE SUPPLIED
4. Bank statement for the year showing the running balance RECONCILED TO BANK STATEMENTS
5. Accrual for accountancy fees in addition to retentions – ACCRUAL NOW ADDED
6. Prepayment for insurance – PREPAYMENTS NOW ADDED
- a. 9/8/24 Trustees indemnity insurance £695.67ErnestRshaw – what is period of cover
- b. 16/10/24 Commercial insurance £1,120 from NFP insurance services – period of cover
7. Is there a loan agreement to support the £5,000 loans owed to Stan Bell – LOAN AGREEMENT NOW IMPLEMENTED
8. 31/12/24 VAT return for £15,067.72 – to check against HMRC portal and bank account – AGREED TO HMRC DOWNLOAD
9. Personal expenses such as mileage, out of pocket expenses payable to trustees? – STAN NOTIFIED TXNS 241 AND 264 ONLY
10. Were there any projects that were completed but not yet invoiced for as at 31/12/24 – NONE
11. Was any of the income invoiced for from National Highways unearned ie. The work had not yet been conducted and therefore the income should be deferred – NONE
12. Any costs that were invoiced after 31/12/24 but related to work carried out prior to 31/12/24 – NONE
13. No accrual for the Trustee loan is needed as this is only a balance sheet item. I note the loan agreement copy. Thanks