**1**
**To**
## **Trustees' Annual Report for the period**
**From**
Period start date Period end date Day101 Month Year Day31 Month12 Year2024 2024
## 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**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|
|M McCarthy|Chairman|||
|M Chown||||
|Mrs A Conium||||
|Mrs P McCarthy||||
|A. Rickard||||
|Mrs A E Symons||||
|Miss S Howells||||
|||||
|||||
|||||
|||||
|||||
|||||
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|~~>~~|~~>~~|~~>~~|~~>~~|
|~~>~~|~~>~~|~~>~~|~~>~~|
March **2012**
**TAR**
1
**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 2025
- major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
March **2012**
**TAR**
2
**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**
3
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**
4
## Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
To continue maintaining and improving the Charity's properties in order to achieve the Charity's objectives. Major repointing in lime and mortar mix to 8 properties.
March **2012**
**TAR**
5
## **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 Rental income from the Charity's properties that are let out.
- sources of funds (including any fundraising);
- how expenditure has supported the key objectives To maintain and improve the properties. 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**
6
|**Charity Name**
**No (if any)**
**CC16a**
**THE POOR'S LANDS CHARITIES,PADSTOW**
**Receipts and payments accounts**
**For the period**
**from**
Period start date
**To**
Period end date
01/01/2024
31/12/2024
—~~————~~||
|---|---|
|**Section A Receipts and payments**||
|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Last year**||
|**to the nearest**
**£**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**||
|**A1 Receipts**
Residents contributions
**71925**
**71,925**
**61,137**
Investment income
**1753**
**1,753**
**4,001**
Interest received
**13**
**13**
**532**
Miscellaneous income
**366**
**-**
**-**
**366**
**99**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_**_(Gross income for AR)_**74,057**
**-**
**-**
**74,057**
**65,769**
~~=—s====~~||
|**A2 Asset and investment sales, (see**
**table).**
Investmentproceeds
**100,000**
**-**
**-**
**100,000**
**272,625**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 100,000**
**-**
**-**
**100,000 272,625**
**_Total receipts_ 174,057 **
**-**
**-**
**174,057 **
**338,394 **
~~S555~~||
|**A3 Payments**||
|Services
**9531**
**9,531**
**7,696**
Routine repairs and maintenance
**33105**
**33,105**
**15,644**
Management and administration
**5576**
**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_ 586,092 **
**-**
**-**
**586,092 **
**35,154 **
~~=~~
~~_ ===~~
~~—————=~~||
|**_Net of receipts/(payments)_**
**- 412,035**
**-**
**- - 412,035**
**303,240**
**A5 Transfers between funds**
**-**
**- -**
**-**
**-**
**A6 Cash funds last year end**
**478013**
**- -**
**478,013**
**174,773**
**_Cash funds this year end_**
**65,978**
**-**
**- 65,978**
**478,013**
~~SSS~~||
CCXX R1 accounts (SS)
17/01/2025
1
|**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
2
## **Independent examiner's report on the accounts Section A Independent Examiner’s Report** ~~S~~
**Report to the trustees/** Charity Name **members of** THE POOR'S LANDS CHARITIES,PADSTOW ~~pO~~ **On accounts for the year** 31/12/24 **Charity no** 201375 **ended (if any)** ~~eeee ee~~ **Set out on pages** 1 and 2 (remember to include the page numbers of additional sheets) ~~Pn~~
**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
1. 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: Date:** ~~a~~ **Name:** D J RAMSBOTTOM ~~PC~~
**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** .