Charity regi$trdtion numbèr 200693 EVERSHOLT PAROCHIAL CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 EVERSHOLT PAROCHIAL CHARITY LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrm Hood Mr P F Collin$ Ms C Dohety Dr N Muler Miss J Todd. V￿e Chaii hnf S Smith P RKhardson Mrs A Blomf*ld Mrs C Howell M$ S Denton Mr S Cc41igr, Chalr Charty number 200693 kndependent ex*miner Darren Croucher Bsc {Hons). FCCA. FCA. Crou¢her$ Ltd 2 Copperhouse Court Caldecoite Mihon Keynes Buckinghamshire K7 8NL EVERSHOLT PAROCHIAL CHARITY CONTENTS Page Truslee5' report Indopendenl examinerfs report Slatemenl cf financial aotivities Balance sheet Notes lo the finanaal st8lement$ 10-16 EVERSHOLT PAROCHIAL CHARITY TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trust￿ prèsènt their annu81 report aNI financial statements forihe year ended 31 December2023. Tho financial statem8nts hav8 been prepwed in accordance with the a¢counling pc4¢iè$ set out in note 1 to the nancial $tstemenls and comply with the Charity's tgoveming documenll. the Charities Act 2011 and "Accounting and Reporting by Charitses.. Slalernenl of Recommended Pra¢bce applicable to chariti8s preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland IFRS 1021" {effectNe 1 January 2019). Obl•¢llve¥ and xtlvllts The folowing provKl88 an overview of E￿r$hOlI Paro¢hi•l Chality's activli8s lor the year 8nd8d 31st D8cember 2023. The Charity's aims are lo support the upkeep of the Parish Church, relief csf l¢¢èl people in need and the gen&ral benefft of the inhabitants of the village of Eversholt in such manner as the Injslees Ihlnk ltt. The Chaiity 8¢hieves its aims by maknng grants Icallèd Thirds) to thè Church, to thè edUcat￿n of children and Ih05e in highor education or vocational training- and to Ih03e in r￿d via the Wellbein9 TINrd. As of 0￿mber 2023 E￿r$holl Parochial Charty Trustees were as follows.. na Blomffield ulie Todd (Vice Chair} Reverend R8¢hel Snow lfrom 14th ugust 2023) aul Collin imon Collier (Chairl leven Smith rolyn Howell alherine Doherty rah Denton ike Hood alhalie Muller al Richardson A8 established, Trustee meetings Continued to alternate bthveen berng focussed on general matters and property matters. Property meeting5 were allended by repre$enlativ&s from our managing agents. Carter Jonas, who also provhjed rep￿ updates for those meeting8 and intewim reports as requirod. M8ètsngs in the year wer8 hold in Eversholl Wdlage Hall. 13th February 2023 IGeneraVCharty Meefjng) 17th April 2023 IBusinesslProperty Meeting) 12th Jun¥ 2023 (Gènerallcharity Meeting) 14th August 2023 IBusnesslPToperty Meelingi 9th October 2023 {G8neraVCharity Meelingl 11th De¢embtrr 2023 IBusinessTrrop8ty Meeting) JI meetings were also attended by our C￿( Karen Barkei who prepared agenda$ In adva￿ and minutés of each meeting.. EVERSHOLT PAROCHIAL CHARITY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Our land agents, Carter Jonas LLP, manage the eslale on a daY.1￿daY basis wKh regular wmm￿1CatIon8 to th& chair. property sulFgroup. and all Iruslees In OGlober the twstees agroed a po&cy for the relettlng of charfty propgrti8s. It was agreed that our managing agents. Carter Jonas, would hold a regisleT of intere51 of residents1￿$ldÈnts. families interesled in renting a Charity property. This would be COTnmunicaled through About Eversholl. Those on the register would then be given first option when a property becomes available before advert15ing. There would not be any sele¢tK*n criteria us8d. A notification of 8vailabEe property wwld also be placed ￿10 the village WhatsApp group. During 2023 Iruslees became involved wtth an &n8rgy project 'Greens3nd Community Energy Group, and Communty Energy South in developing ¢arbon saving inf(iatives within local cL)mmuntbes. This inclLkled funding our Village Agent, Lyzzig, lo attend a course on energy efficienclgs lo assist with her work around the W¢llbeing Third. The Iruslees continue lo engage with th• project which is researching solar and community heating schemes both in règards to the Chaiities estate trMI also the wider Eversholl community. The key themes are.. 'Pthvering Up'_ lo¢al production of electri￿ty. eg solar panels. 'Pcvwering Down'_ reducing demand. e9 throu9h insulation. Communty Heal Devalopment Ireducing reli8n¢o on oil) Th• Gr•en Man The tenants continued to report challenging trading condrtions, most likely h'nked lo Ihtr ¢o$trof-INing crisis. DI5Guss￿nS were had in relation lo Ihe full repairiro lease and the tenants. responsitilrties in that respecl. The pub experigncad flooding to the cellar wh￿h has r9qulreil the inslallalion of a sump punp to r8move excess water. A particular area of con¢em related lo Ihe use of the car park by no￿p￿tron$ and the impact that h8$ on the wear and tèar of the surfacing. Both the tenants and trustees ￿maIn keen that the car park ￿MaInS acLessible lo all. 10 fingrith Road H8*ing been let lo the same indiwdual fof more than 40 years. this Property became v8￿nI in March with that len8nt mowng lo altèrnative accommodation. An amount of relurbishmenl and red0￿ratIon was undertaken durirvJ the late Sprng ￿th the property advertised for re-let in June. A nèw tenanl took residence in August. Els•wh•r•- Properties & Land All other larvj arld properb'es remained tenanted, with various repairs and rent ￿Mew$ undertaken as necessary. EVERSHOLT PAROCHIAL CHARITY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Below is a summary of the Inccffi8 and ExF￿ditur8 year endèd 31st December 2023. nGome Expenditure Net income for the year l Nel movement in lund5 126.789 79,851 46,938 The Irusletrs and their accountants continue to manage the Charltls finances to 9n$t￿e that ￿1st11g fvnds arè sensibly invested. re5ervÈs arè maintained and grown for future activities such a8 pr¢perty refvrtiishment5 and that money is availatle for provis￿n of the 8nnual Third's dislribLrtion. A¢u)unts for 2023 were audit8d by independent accountants 8ntJ submitt8d lo the Charities Commission. In 2023 a lolal of £31,500 wa$ allocated lo the Thirds. £10.500 to eath, a wèlcomè increase of £500 per Thlrd from recent year8. al Wellb•lno Third This is our most active Third wlih much effort pul Sn by a number of Iruslee8 and olher10¢81 volunteors. we are so gralaful for their kindness, lime and varled conlrfbulions. In 2023 a total of 22 residents received an award of £250 each from the Wellbging Third. In addition to th9$9 dividual award$ the Charity also funded. Vlllago Ag•nt The Charity ¢onlinued tts commitment the Village Agent scheme led by Llzzie B8mieoat. Lizzie continued to be very busy and remains conlra¢lgd lo us for 12 hours per rnonlh. Lrlzie offers a very valuable frièndly, Islening ear and has distributed varTrtsus pr8eti&ql aids to help around the home and referrals to Communty Transport semces to increase independence. Lizzie also compiles and edits 'About Eversholt.. Llzzl• Lunchva The Lunch Club eonlinues to b8 well attended. gralefrjl th8nks as a￿ayS lo those who volunteer th￿r time. Feedback remains positive as a￿ayS with it be¢ng great to see new faces still e￿n wlth the group being so a$tablish8d. Ch•SrYoga Class The aim of these dasses are to help people wilh balanc* and some strength. increase mobility and flexibility, holp avoid fa115 al0￿S￿e an inuea5ed ch8n¢g for wciolisatiori and lo have fun. The dasses ragularly atlract around 20 attend8es from Evershott and surrounding ￿lIages. A session for m*n want very well with 19 8ttond•*$. Trustees attended an ￿ethIng hoslad by Be Active Group (CBC) who funded the classes through the year. Pr*)r lo th• evèning BeActive attended a 8ession. intemewèd participants and made a short film. EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT (CONTINUED) FOR ThIE YEAR ENDED 31 DECEMBER 2023 About Ev•rshoh With fvnding from both thè Parochial Charity and the Parish Counryl the publication continues lo be enloygd, wrfh bumper editions thanks to the large amount of artides that wefe kindly contributed whieh continue lo be diverse and ¢ov8r a range of iniaresl areas. There was even the n•ad lo split some artides to include acro$$ editic￿$. Thank5 for the continued support with the publication and this is some leedback our village agent ￿re1Ved from a regular contributor'Thank you for ¢realing About Eversholl 3g8in, rt is so useful for the village., The newslèttèr has proved very successful in reinforryng the connections behyeen resTdents and also to ensure that the activities aTTanged by th8 Parochial Charity a wide audience to increase partI￿patIoN. Flmtabus The charity made an award of QSO to assisi them in a new bus purchase. bl Edueatlon Thlrd We recefved and agreed Further Education Awards to 12 indivmluals of £400 eadb folbwing r￿elp1 of their written applications, cheque$ wwe raisod, signed and sent to those individuals. These Further Education Award applulions are required to be received by th8 Clerk prior lo August 3151 of any yèar for consideration. An'Annual Dlsuelionary Award, of £5.4S0.00 was made tg Evaisholt Lower School and £250 loAbout Eversholl. The frustees received tsyo updale5 from the Ever5holt Lower Sehool Chair of Governors during 2023. in F¢bruary and again in August. We weie updated on how the Annual Discretionary Award has benefrted the seJ)ool Bnd played ils part in maintaining su¢h a vital villagè asset We were reminded of what challenging times schools such as our5 are in. both in temis of their finances and constant discussions about the ie51ruduring of local education provision. The Iruslees were gratelul for the updates and ieiteratèd how proud as a ¢tsmmunity wè ¥e of what the school has #chieved. ￿ did note the use of the Green Man car parto as being an issue for the pub I￿antS as the added wear contributes to the amoynt of ropair and maintenance iequiied. ¢1 Church Thlrd The Church Third of £10.500 wa$ awarded lo the Eversholl Parochial Church Countil lo asslsl with th8 car& of th8 labric of the church and churthy8rd. Tha trustees will continue to efficientty manage the estatè wlth the assistance of the managing agènts and Yofessional accountancy service5 to ensure th? Charity is fil IOT purpose. Wg arg also disojssing the potential foT renewable gnergy proj&Lts aThJ development projeds abngside the relurbi$hment of propèty as necessary. We intend lo continue wlth the varied prograrnme of Wgllbging Third activities and we arp ktren lo tmaden attendance lo connect with as wÉde a d•mographK from our community a$ possible. Led by our Village Agent. Iheie continues lo be a good flow of new referrals and existing dienls needing support with a broad ranga of items. wlh some tsking time to come to the conclusion that filling a forni in or taking that next step lo getting Support is relevant to their circumslan¢os. We also lo continue supportlng Eversholt Lower School and residents undertaknng further education. As tho Current Chair of Evershok Parochial Charity I would like lo recorij my thanks to the trustees lor Ih•r commitment, time and hard work wh￿h is given freety and to the benefil of our ¢ommunity. I w0￿d also like to thank our Clerk for hèr valued hard work supporting the trustees and helping lo ensure that the Charity achieve$ ils objectives. EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Structyrn. gov•manco and management The Trustees who served during the year and up lo th9 date of signature of the financial stslements were.. Mr M Hood Mr P F Collin5 Ms C Doherty Dr N Muller Miss J Todd, Vlce Chalr MT S Smith Mr P Richardson Mrs A Blomfield Mrs C Howell Ms S Dentc Mr S Collier The Trustees. report was approved by the Board ofTrustées. --&IM IJ Simon CIAlier Trustee & Chair of Evershclt Parochial Charfty 14th October 2024 EVERSHOLT PAROCHIAL CHARITY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR ThIE YEAR ENDED 31 DECEMBER 2023 The Trustees a￿ responsible for preparing the Trustees, report and the finan¢ial statements in accordance with applicablè law and Unitèd King(lom Aixounling Stolldards Iunited Kingdom Gonerally Accaptad Accounting Practic•). The law appllcaNe lo charllle$ In England & Wales requires thè Trusl&&s to prepar8 fnanaal sialements for each nancial which give a true and fair wew of the stale of affairs of the Charity and of its incomin9 resources and application of resources, indudin9 its in¢om& and expenditure. for that period. In preparing these financial slalemenls, th¢ Trustee$ are required lo.. select suitable accounting polide$ and then apply Ihern consislenlly, observe the methods and priniiplès of the Charities SORP IFRS 102)., make judgments and accounting eslimales Ih8t are reasonable and prudent., Stale whether appli¢8ble UK Accounting Standard5 IFRS 102) have b8•n followed. s￿leCt lo any materi81 departures disdosed and explained in the financial slalements.. prepare th8 financial statements on the golng concEm basis unless it is inappropriate lo presume that the Charity will ¢onlinu& in business. The Truslees are r8sponsible for keèping adequate accountirbg records that are suffi¢iènt to show and explain the Charty's transactions and disclose with reasonable a¢¢uracy at any time the financial position of the Charity and enable them to ¢n$vre that the financial stalernents comply wolh the Charities Act 2011, the Charity (Accounts and Reports) Regulalitsns 200B and the provisions of ihe Trust deed. Thèy a￿ also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and dele¢tion of fraud and other 8gularities. Approved by ordeT of the members ofthe board of Trustees on and signed on its b8haW by.. Simon Collier Trustee & Chair of Ev•rsholl Parothial Ch8rty EVERSHOLT PAROCHIAL CHARITY INDEPENDENT EXAMINER'S REPORT TOTHETRUSTEES OF EVERSHOLT PAROCHIAL CHARITY I report ￿ the Trustees on my examlnallon ofthe financial statements of Evershcll Parothial Charity {Ihe Charity) for the year ended 31 Decefflber 2023. Respon8lbllrtl•• and ba81s of rnport As the Trustees of the Charity you are responsible for the pieparatbn of the fmanc4al statements in accordance with the requirements of thè Charities Act 2011 {thg 2011 Act). I report in respect of my examination of the Charltys financlal statements Ca￿led out under sectiM 145 01 Ihg 2011 Act. In ¢￿ing oul my examinalion I have followed all the applicable Di￿¢t10n$ given by thg Charity Commission undttr $ec*on 145{Sllb) of th• 2011 Act. Indgpgndgnt examln•rf$ statsmgnl Your attèntion is drawn lo the fact that the Charty has prepared accoun16 in acLordance with Accounting and Reporbng by Chariti•s.' Statemenl of Recommended Pra¢ti¢e applicable to eharities preparirvJ their 8c¢ount$ in ac¢ordan¢e with the Finanaal Reporting Standard applicable irb the UK and Republic of Ireland IFRS1021. In p￿fere1￿e lo U)e Accounting and Reporting by Charitie5'. Slaiemenl of Recommended Practicè issued on 1 April 21)05 which is referred Its in the extsnl wulations. but has been withdrawn. l understand that this has been done in older for th& a¢¢ounls to provide a true and fair view in accordance wth the Generalty A￿epted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have D)mpleled my examin8lion. l confim) that no matters have come lo my attention In ￿nn￿¢tic￿ with the examination giving me cause lo believe that in any material rèspect.. accounting rec4Jrds were not kept in re5pgd of the Charity as required by section 130 of thè 2011 Aci.. or the financial ￿at￿MentS do not accord with Ihose reo)rds', or the financial stsl¢mènts do not comply with the applicable requirements con¢eming the fomi and content of accounts set out in the Charitie$ (Accounts and Roportsl Regulation$ 2008 other Iharn any rèquirement that the accounts give a true and fair wew which is not a matter considered as part of an independent examination. I have no concetTlS and have ¢om¥ auos$ no other matters in o)nne¢thon wth thè examinati￿ to which attenllon sh￿Id te drawn Sn Ihls report in orfer to enable a proper understanding of the financial stslemants to be reached. This rgport is made solely lo the Charty's Trustèes. as a body, in aeLordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken $0 that I mwht state lo the Charity'5 Ttuslegs those matter51 am required to state to them in an Independent ExamineV5 Report and for no other purpose. To thè fijllèst extent pemrttèd by law. I do not aceèpt or assume responsibilty to any¢ne 01her Ih8n the Charity and the Charit￿$ Trustees as a body, for my worf¢ or for this report. J¢d Darren Croucher 8S¢ {H0n$l. FCCA. FCA. Crou¢hers Lld 2 Copporhou5e Court Caldecotte Mllton Kèynes Bueknnghamshire MK7 8NL Dated.. EVERSHOLT PAROCHIAL CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unr•strlcted funds 2023 Unrestricted funds 2022 Not9$ Income and endowments from: Clarilable activities Inve51rnenl$ Olhor In￿rne 115,144 11.645 109,346 11,130 Totsl Incom• 126.789 120.836 Expenditurè on: Charitable acti*itEs 79,851 71,772 Total exp*nditur• 79,851 71.772 N•t income and rnovem¢nt in fund$ 46,938 49.Cfj4 R¢con¢llfallon of funds: Fund bal?n¢es at 1 January 2023 403.433 354,369 Fund balanees at 31 December 2023 450,371 403,433 The statement Of ￿na￿la1 adivities incjudes all gains and losses recognised in the year. All inrA*me and expendrturè derive from continuing activities. EVERSHOLT PAROCHIAL CHARITY BALANCE SHEET AS AT31 DECEMBER 2023 2023 2022 Not•$ Fixed •¥¥ets Tangible assets Investments 11 12 155,403 2,642 155,403 2,642 158.045 158,045 Current ass•ts Debtors Cash at bank and In hand 13 23.055 346,521 32,968 283.929 369.576 316,897 Crèdltor4". amounts falllng duè wlthln one year 14 120,372) 121,331) Het euryent ass•ts 349,204 295.566 Totsl a$$•ts l•s$ current Ilabllltt 507249 453,611 Crnditors: amounts falllng du• aft•r mor• than on• y•ar 15 156.8781 (50.178) N•t as￿t8 •xcluding p•nsion liability 450,371 403.433 Net assets 450.371 403.433 The funds of the Charfty Unrestrided funds 450.371 403.433 450.371 403,433 14th Octobor 2024 The finanaal statements were appioved by the Trustees on ......................... -&jM Mr S Collier Chair EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2023 Aceountlng pollcl•s Charlty Infomiatlon The Charity is a registered charity in England and Wale$ and is unincorporated. The address of the principle office is 8 Bloomsbjry Cjose. Wibuln, Milton K8yne$. MK17 9QS. 1.1 Accounting convention The financial slalemenls have bgen prepared in accordance with the Charitie5 SORP IFRS 1021- Accounting and Reporting by Charities.. Ststèmènt of Rècommanded Practice applicable lo ¢harities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iroland {FRS 1021 lefftr¢tive 1 January 2019), the Financial Reporting Stsndard appli¢abl8 in the UK and Republi¢ of Irèland