THE LEIGHTOLY BUZZARD TOWNLANDS TRUST FINANCIAL STATEMENrs OR THE PERIOD F.NI)F,D 31 DECEMBER 2025
THE LEIGllT BUZZARD TOWIYLAN S TRUST Registered ChArity Do: 1209119 Address: 17 Wickham Field Wingrave Aylesbury Bucks,. HP22 4FR Trustee5: MJ Birds¢ye GP Higginson P Jarvis N Capizzi N Whitehouse PK Morgan Inde endent Examiner DA Thompson FCA 30 High Street Leighton Buz7Ard Beds LU7 IEA
THE LEIGHTON BUZZARD TowfqLAIYDS TRUST STATEMMENT OF FINANCIAL ACTIVITES FOR THE PERIOD ENDED 31 DECEMBER 2025 INCOMING RESOURCE Rents from Tnvestment Properties Sundry Income Bank Interest 144.800 599 178,500 ENDITURE Investment Propcrty Expenses.. Repairs and Maintenance Insurance Council Tax aJ]d Utilities Management F¢es 8,802 ,983 292 Grants Expenditure relating to Market Cross Administration Secretarial Services Insurance Accountancy Sundry Expenses 5,250 2,116 600 685 TOTAL RESOUCES EXPENDED 102404 NET INCOMING RESOURCES 76,096 FUNDS INTRODUCED- Note 2 2,891,944 GAIN ON REI VALiIATIOIY OF INVESTMENT PR PE 293 251 FUNDS CARRIED F RWARD 3 261291
THE LEIGHfoN BUZZARD TOWNLINDS TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2025 Investment Pro e Introduced at Cost 2,231.749 Gain on revaluation 293 251 Investment properties at Market Value 2.525.000 Current Assets Rents Due Bank Deposit Ac¢ount Bank Current Account 2.126 46.199 688 566 736,891 Less A ual 600 N¢t Current Assets 736 291 Iyet Assets 3 261291 Funds rried Forward 3 261.291 F4LI Trustee Trustee
THE LEIGHTON BUZZARD TOWNLANDS TRUST NOTES TO THE ACCOUNTS ACCOtfNTING POLICIES The financi81 siatements have been prepared using historic cost basis as modified for certain assets at fair valu¢. in a¢¢ordance with Accounting and Reporting by Chaiities.. St&ternent of Recommended PTa¢tice applicable to ehaTities preparing their accounts in aLcurddnce with the Financial Reporting Stsndard applicable in the UK and Republic of freland (FRS 102) (effectivel January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of IreLand {FRS 102). b. Income and Expenditure is recognised when it is receivable and becomes payable, provision has been made for Independent Examiners fees accrued at the period end and ther¢ w¢r¢ no other amounts outsianding. Investmenl properties were introduced into the Trust at Cost and have becn re-valued at 31 December 2025 by the Letling Agent which manages the leitTng.s of the properties. The gain ou r¢-valuation is shown iu the Statement of Finaticial Activities. TRANSFER OF ASSETS On I l November 2024 the whole of the assets and liabilities of The Townlands Trust were transferred io the new Charity, Leight(m Buzzard Townlands Trust, numb¢r 1209119. TRUSTEES EXPENSES The invesknent propertics are managed by Watsons Letting Agents, a company owned by Mr GP Higginson who is a Trustee of the Charity. The company received fees of £18.499 durinE the period which were charged at nonnal rates. The Trustees considered thc payments were acc.eptable and appropriate with the provisions of the Charities Act 2011 and the terms of the Trust. N(J other expenses were paid to Trustees.
Independent Examiner's Report to The Leighton Buzzard Townlands Trnsl I r¢port on the accounts of the Charity for the period ended 31 December 2025 is in respect of an examination Carried out under Seetion 145 of the Charities Act 2011. Re5pectiY¢ R¢SPOD3ibilities of Trustees 2nd ExAminer As Trtte¢s you are responsible for th¢ prcparation of the accounts, you consider that audit is not required for this year under Se¢tion l44(2) of the Charities Act 2011 (the 2011 Act) and that an independent examinalion is needed. It is rny responsibility to: Examine the accounts (uiider Section 145 of the 2011 Act) To follow the procedures laid down in the General Directions givcD by the Charity commissione (under Section 145(5)(b) of the 2011 Act). and To state whether particular matters have come to my attention. Basis of IDdepelldeDt ExamiDeWs Report My examination was carried out in accordance with the General Directions given by the Chariiy CommissioneTS. An examination of the Charity's accounts includes a review of the accounting records kept by the Charity and a comparison of the accounts PTes¢Dted with those reeords. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Tte¢S concerning any such rnatters. The procedures undertaken do not provid¢ all the evidence that would be required in an audiL and consequently I do not express an audit opinion on the view given by the accoullls and the report is limited to those lltters set out in the atement below. Independent Examiner's Statement In connection with my examination, no malter has come to my attention.. (i) Ihich gives me reasonable cause to believe that in any material resCt the requirements. to keep accounting records in accordance with Section 130 of the 2011 Act. and to prepare ac¢ounts which ¥cord with the accounting records and to comply with the accounting requiremeThts of the 2011 Act. have not been met., or (2) Tow understandi in my opinion. attention should be drawn in order to enable a proper th¢ accounts to be reached. DA Thompson FCA Chartered AccountaTJt 30 High Street Lei8hton Buzzard BedsLU7 IEA Date.. Zsl 4 1 The Leighron Bu7uidTown1d$ T*31.)2.25