2022-12-31-accounts - Padstow Poor's Land Charities

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Trustees' Annual Report for the period

Period start date Period end date Day101 Month Year Day31 Month12 Year2024 2024 To

From

Section A Reference and administration details

Charity name THE POOR'S LANDS CHARITIES. PADSTOW

Other names charity is known by

Registered charity number (if any) 201375

Charity's principal address 52 Marshall Avenue Wadebridge Cornwall Postcode PL276BB

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
M McCarthy	Chairman
M Chown
Mrs A Conium
Mrs P McCarthy
A. Rickard
Mrs A E Symons
Miss S Howells













Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name		Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information) Section B Structure, governance and management Description of the charity’s trusts scheme of Charity Commission of 20/03/70 and amendment 01/04/97 Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) The Trustees appoint new or additional Trustees as and when it is Trustee selection methods considered a particular individual would bring to the workings of the (eg. appointed by, elected by) Charity an expertise or experience. Trustees are required to maintain confidentiality and to abide by the duties of Trustees prior to their appointment which is through a majority vote at a Trustees meeting. New Trustees are provided with an induction pack.

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;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of A Risk Assessment is carried out every 3 years. Next one due in 2022. major risks and the system and procedures to manage them.

Section C Objectives and activities

March 2012

TAR

Summary of the objects of the charity set out in its governing document Summary of the main To provide and maintain almshouses for the poor single men or single activities undertaken for the women or widowers or widows, or married couples, who are not less than public benefit in relation to 50 years of age and who have resided in the area of the ancient Parish of these objects (include within Padstow for not less than one year next preceding the time of this section the statutory appointment. The scheme was amended on 1.4.97 to allow the Charity to declaration that trustees have provide properties to married couples. had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

March 2012

TAR

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

March 2012

TAR

Section D Achievements and performance

To continue maintaining and improving the Charity's properties in order to Summary of the main achieve the Charity's objectives. Major repointing in lime and mortar mix achievements of the charity to 8 properties. during the year

March 2012

TAR

Section E Financial review

Brief statement of the charity’s policy on reserves

The Trustees consider that it is prudent to ensure that there are sufficient free reserves to provide financial flexibility for the future. This includes the consideration of purchasing further properties if there is sufficient demand in line with the objectives of the Charity.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
Rental income from the Charity's properties that are let out.
how expenditure has To maintain and improve the properties.
supported the key objectives of the charity;
investment policy and the Trustees have considered the most appropriate policy for investing objectives including any funds and has found that specialised Unit Trusts, designed for the Charity ethical investment policy sector, meets their requirements to generate both income and capital adopted. growth.

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

Signature(s)

Full name(s) Position (eg Secretary, Chair, CHAIRMAN etc) Date

March 2012

TAR

	Charity Name THE POOR'S LANDS CHARITIES,PADSTOW	Charity Name THE POOR'S LANDS CHARITIES,PADSTOW	Charity Name THE POOR'S LANDS CHARITIES,PADSTOW	No (if any)	CC16a
	For the period from	Period start date 01/01/2024	To	Period end date 31/12/2024

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 71,925 1,753 13 366 74,057 100,000 - 100,000 174,057	Last year to the nearest £
Residents contributions	71925 1753 13 366				61,137
Investment income					4,001
Interest received					532
Miscellaneous income		-			99
		-			-
		-			-
		-			-
		-			-
*Sub total*(Gross income for AR)	74,057	-			65,769
	100,000 - 100,000
A2 Asset and investment sales, (see table).
Investmentproceeds	100,000	-			272,625
	-	-			-
*Sub total*	100,000	-			272,625
*Total receipts* A3 Payments	174,057 9531 33105 5576 48,212 537,880 - 537,880 586,092 - 412,035 - 478013 65,978
					338,394

Services	9531 33105 5576			9,531	7,696
Routine repairs and maintenance				33,105	15,644
Management and administration				5,576	6,199
Financial costs				-	-
Aborted Property purchase costs				-	5,615
					-
					-
					-
					-
**Sub total **	48,212			48,212	35,154

A4 Asset and investment purchases, (see table)
	537,880			537,880
	-			-
**Sub total **	537,880			537,880
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*				586,092
					35,154

		-	-	- 412,035	303,240
		-	-	-	-
		-	-	478,013	174,773
	65,978	-	-	65,978	478,013

CCXX R1 accounts (SS)

17/01/2025

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities	Details Current Accounts Deposit Accounts *Total cash funds* (agree balances with receipts and payments Details Details Details Freehold Properties Stocks Details Signature	Unrestricte d funds Restricted funds to nearest £ to nearest £ 65978 - 0 - - - 65,978 - OK OK Unrestricte d funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - Fund to which asset belongs Cost (optional) 1,040,492 - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name	Endowmen t funds to nearest £
			-
			-
			-
			-
			OK
			Endowmen t funds to nearest
			-
			-
			-
			-
			-
			-
			Current value (optional) 385,181
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval

CCXX R2 accounts (SS)

17/01/2025

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name

THE POOR'S LANDS CHARITIES,PADSTOW

On accounts for the year 31/12/24 ended Set out on pages 1 and 2

Charity no 201375 (if any)

(remember to include the page numbers of additional sheets)

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent In connection with my examination, no matter has come to my attention
examiner's statement (other than that disclosed below *) 1. which gives me reasonable cause to believe that in, any material respect, the requirements:

 to keep accounting records in accordance with section 130 of the Charities Act; and  to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

to which, in my opinion, 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 apply.

Signed: Name:

	D J RAMSBOTTOM

Relevant professional F.C.M.A. (retired) qualification(s) or body (if any): Address: Clover Cottage, West Hill, Wadebridge, PL27 7EW

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose .