Chaiity wistration nwnbw.. 202804 Great Torrington Commons Conservators Annual Report Statem8nts for the Year Ended 31 ma￿ 2 "// WESTCOTTS ¢H*RtE*ÈD ACCOUNTAIITS A BUSI11¢SS &DVISEH5 Great Torrlngton Commons Conservators Contents (continued) RefeMc8 and Pthiinithtsve D9tal 2to4 Tru5tee¥' ROF Independent Examlnerfs RerK)rt Stat￿n9nt of Finarwial kbvi15gs Bala￿£ Slwt Notes to the Flnani?al Statsmgnts 8kn19 Great Torrfngton Commns Conservators Referonc• and Adminlstrative Details Trust8e¥. Gery Dufy Wdb8m Tud(er {re&gr￿d 9 May 2024} Carolyn LaNffjc Adam lfjrby Andrew Gil¥s Dawd Nuthj Irestgned 19 ￿[n& 2025) Sue Clathe L￿)da Aston {aPPLMnlod 16 M8ri* 20251 Ven)nica J8c*son Tanner lappwinted 11 W 2024 and resigned 16 Aprl 2￿25) David PAnal {appoinled 24 June 2025) Charfty Reg18tratlon Numbgr 202804 Princlpal 0ffl¢o Casu# HI Torrington EX38 8AA Weslcotts ISW) LLP 47 Boutport Straot Bamstaplo Ind8pend8nt Examln EX31 1SQ Great Torrlngton Commons Conservator5 Trustees. Report The trustees presorrt lh8 annual rep)rt togeth￿ *iih Iho financ4aS st819m￿ts of the tharity fr)r the year 8TrJ8d 31 M8rch 2025. Structu￿ gov•manc• and management Govomlng document Th8 d)arOiy was f(￿￿1 by The Gre* Torrirwjn Commons Acl 1889 Acll. Note that the registe￿￿ name of the tharity ha5 been upjaled this year from the 'Gr8at Torring1on Comm¢Ms ConservanGy Icomnw)n L4nds)' to the 'Great Torrington Commons Consérvators,. thè namè proMd8d by the Act. Organlsatlon management The thaTIty is run by a statutory body of rK) mrye than fifteen trustees (Conservators). el8cted by public ballol every thTÈè year5. Ca¥Jdidales musl be a resident of Great Torrington and be nrMnlnaled and seconded by registered voters of the town. Occasional vacanues may be filled by Ihe co-option of qualifiad residents. The Conservators mget fomjalty each monlh fo the ordinary busin￿ of the L*èrity, and annually to approv8 the accounts aTrJ alect a cthair and vtce-chair from their n￿￿b&r. Formal resobjtions require r￿￿.(￿ al 3 p¥ewcws rneeting and arè Pass￿ by rnajority vots. ThB Conseryators act in a vduntsry capaaty atml cannot WDfit frDm i￿r position in any way. S8V8ral part-time staff are employed indutting 8 treasurer. rdngw and assstant ranggr. A hgallh and safety advisor a￿j a solicltOT are retsined. Rlsk managefflenl The Conservators actively manage risks based Fq)tential impact and fikefihood of ocojrrence. A sk wistsr maintained by the ffinan￿ Su1￿Mi￿a￿ an(J r8*iewgd by ihe fithl board annually. Rlsks mtyaled as far a8 pctssde praclical. Obj•etiv•s and acll¥lties Thg prindpl8 St8tuW oUuatKTh of the Cc¥wrv*T5. Js provi￿1 by sections 28 arnl 30 of the Act. are.. il To keep the comrwkxs open. arKI unbult UF*￿, arjd to praYenL resist and abate any encroachm8nt by all lawftl mebns. ill As far as may be possitAe, to wosarvo that natural aspgct of tIKg ¢ommns. induding the turf. furze. gorse h8ather, timber and other tregs, shwbs * brushwwj. The Consorvators activities COn￿M ￿ mwent of over 300 acres of common land around Gwt Torrirtyjn. T￿Cal tasks i1￿￿[e thÉ CUtti￿j. dearing. planting ar￿ g8neral maintenanee of a mixed landscape whrch indude5 open grassland. V•iklflower me*Jws. mixed woodland, hedgerows. a river. stream and ponds. A of putdic fc(Jtpath5 ts 81$0 maintained and r8pair8d. Byejaws rxealed undw piw48rs gr8nt8d in the Aca arKJ 1x)nfim￿ by tho Secrntsry of Stato of En￿r￿Ment, Food and Rural Affails are employed l¢y the fvrfher protectlon of the to prevent damaglng and nuisanc¥ i)8havthr. Great Torrlngton Commons Conservators Trustees. Report (continued) Publ1¢ benefrt The Éfustees o)nfirn ihal thay hav8 cOm[￿￿ed wilh th8 requirwments of secfvl 17 of the Chartties Ad 2011 to h8vo du& rogard to th8 puble bot)efft guidan￿ putlished by the Charity Commission for England and Wai8S. Achl•vem•nts and perforn)anco A great dèal h85 been a¢h￿V8d by the Irustees and staff of Great Torrington Comrnons this year. Maintain1r￿ Torrington Commons iJJrrenUy (x)sts somB £TO.OTh) per annum, for whlckn the Conservators Tely prgdominanuy upor* fund raising and charitable iJon8tion5. Wlth the support of the Devon Wildlife Twst and N81ural ENJland. the Ccn5ervatOF5 have been suc¢trssfiJl in their application for fijnding from Ihe Govemrnenfs Gounlry5ide Stewardship Scherne, wEth the first payrnenl havirbg been r￿1Ved this year. This annual grdnl is being used to increase the bl(yJlversity of the Commons mead¢y*VS. aThY b) protect and enhance the remaining grassland parcfrls to prèvènt their reversion to WOQMllarrffj. Thi$ is being carwl wt by our Rarger voltjnteers, with lh8 assistance of contractor5 where necessary. Thp Conservalijrs have dso been $Wc￿$1uI in obtsrmng fvnding thff)ugh this sch8me for th8 restoration Df the Grade 11 listed Waterloo Nknnumènt on th8 comrrnns. wikn fvrthèr benches and Inlorm81ion board5 yet lo be Instal￿d. Thls work wll weserve the monumentfor many year5 to com8. A full yèar of selling cknated books Irr￿Th the DaTIiEigton GW81 b￿kshOp b8en completed. Darttngton Crystal have supportN8 in provHfing th• Sp￿ rant free. Trous¥nds of brjoks from Torrington and the surroundlng wlbjes have b8en received. The donatiorL8 g2t sorted and sharèd b&iwe8n the main shop. CoMeclabiNy in t￿n who satl our lo[￿ interest books and the car boot stsll. Togelh8r these have raised a hLV amount of money lowards the upkeep of th8 Gommons. The 365 Supporter5 Group ha5 aLg0 provided a svJnffi¢8nt ct)ntribubon to charity lunds. with membership ¢ontinuiThJ to gmw. The Friends of Ihe Commons o)nts"nug to do a fantss15c pb Ittter pirAing and k98PiThJ thg Commons looking wondèrful, as w011 as assislry with ftTrndrdiSiW ac￿￿@s. Tho granitg path markers have also been restored and repainteLI by a Fri8ThJ. The cC￿servat0rS continue lo M￿lIoT arKI engag8 With any tAanning aP￿￿￿tiOnS and dev91opmgr that may lrnpact on the Communting Standards (Unlied KiwSJn Generdlly Acceptsd Accounllng pr3¢t￿o) and ap￿icab￿ law and regulations. The law apKAirAble to tharit*s requires the trustees to prepare finarrial stalemenis for eath finanaal year which gNe a Irue and fa￿r wew of the slate ol affaiTS of the cknrity th of the incomlng resourL*s and applieation of resourc8S t)f the charity lor that P￿￿d. In prèparing thasts financia statements. the trustses are requiTed to: sd8Ct suKtable a¢X)LEnting p0￿C￿e$ ￿ then apply them ¢onsLslenty. obseNe the mèthods and principF8s in the Ctroriti8s SORP. make jvdgetrEnts and esb"mates that are reasonable and prudentr. State whelhar applic2tAe accouNiny standards havg been fvIlov￿1. subjèct to any material departtres disdosed and explained in the ￿nantial 5tatements.' and prepare the finan¢JaJ ststements on the going ￿1C￿M baw unlgss bt is nappropriate to ￿SuMe that tt)g tharity will continue in busirns The trustees are r8SF￿sil1e ftx kwng proper acr>)UTtbThJ Igcords that thsdose with r8asonab58 accuracy al any time Ihe finanaal position of the chanty and ena￿e them tr) ensure that the finan￿81 statements comFty wth IhÈ charib.es Art 2011. the Charitiss {ACc￿U￿ts and Rep)rtsl Regulations 2008, and the provisions of th8 con5tilution. The trustees are 8150 responsible foT 5afeguarthn9 the assets ot the and hence fof takiry reasonable steps for PTgvention and dete(*K)n of fraud and other irreglblaiitsas. The Irusi8os afe rèsFon5ible for tha maintBll8nc£ and integrity of tho t￿rporats and financial infomats.on inclvdad on the charrtable oynpanys wabsite. Legislation govemiThJ the preparation and di588￿M￿all0Th of financial slatements may differfr(xn legi￿at1(￿ in 0th8t jUli5dicllcMIs. The annual report was approved by the trustees of the ctharity .l.q. .!L behatt ty. .ZJ.. 2nd svJrwS on its Ajam Kirby Trustee Andmv Glles Trustee Great Torrfngton Commons Conservators Independent Exarninerfs Raport to the trustees of Great TOrrIn￿on Commons Gonservators report to Ihe In￿tee$ on my examination of ￿ accounts of Great Torrington Gommons ConsorvatOFS for thè year 8TrJed 31 March ￿25. Responsibilllies and basiB of report As the charity trustees ol Great Torrington ConyYKins Conserwat￿3 you are responsible for the prepara￿ ofthe acojvnts in aceordance with ￿ requifem8nts ofthg Chwthes ArA 2011 {'Ihe Ad). I report in res[￿￿ of my examin8tKm of the Great Torrington Commons Conservators 's accounts carried out undgr section 145 of th8 2011 Ad and in my examination I have folknwgd all thè app￿Cable tlireclions given by the Charity CorNnissKsn under 5eithn 14515)Ibl of the Act. In(knp¢ndent WAamineVs stèlwnenl I b￿￿ completed my examknation. I confim that no mat￿la7 matters have o)me lo my attention in coTrne(i￿ the examination givi1￿ me cause to belwe that in any matsrial respect: . accountir¥J recths ￿re not k8Pt in respac* of Great T¢)rriryton CommrMs Ccn58rvalors as roqukred by S￿)n 130 of the A¢L" or 2. 1he accounts do not accnrd vAth thrJ8e rec(wds', or 3. Ihe accounts do not compty the aLxxwting Tequirements c(Jnceming the fomi and content of acLxwnts Set OLtt in the Charities lkncKJrts aTrJ Rewrts) Regulations 2008 other than any requireThnt Ihat the accounts give a YTue and fair whid) is not a matter consid8red as part of an irrfjepebwjwrt examination. I have and have ¢ome across no rther matters in wnnection vnth the examinatK)n to vthieh attenb'on shoukj be drawn in this rewxt in order io enabto a protEr understanding of the accijunts to bo r8a¢hgd. CathwnÈ Williams FCA DChA Indepandwt Examinw VVestGotts ISVVI LLP 47 Boutport Str88t Bamstaplo Devon EX31 1SQ Great Torrtngton Commons ConseNators Statement of Financial Actlvfties for the Year Endod 31 March 2025 Restricted funds UnTestrf¢ted fund5 Total 2024 2025 Incomo and Endowmonts from: Donatitsns and legao6s Other tsad￿g a￿vitieS Investrnent intr)me Other iw)me 22,753 20,545 9.221 36.788 38.707 61.460 20.545 9,221 36.788 13.113 t4,792 8.789 37,887 Tolal in¢ 89.307 38.707 128.014 74,581 Expendlture on: Raising lunds Charil3ble adbwtie$ (35) 172.595 135) 94,220 1291 88,117 21,625 Total gXP9nditsxo Ng1 inccffi￿le￿ndibJre) Oth•r re¢ognl8•d galns and losse5 Other gainsllosses Net moverTrent in lunds 72.630 21.625 94.255 88,146 16.677 17,082 &3.759 {13,$651 15691 5691 6.636 16,108 17,082 33.190 17.0291 Rgeoncillation of fvnds Tot81 fvnds brrAJght fr)n¥8wd Total funds carri8d fonward 19 242.608 4.732 247.340 254,369 258,716 21,814 280,530 247.340 l of lh8 chartys acbwttes derive m)tiroJiry wwaFM)ns durirwJ the per￿$. The ￿d5 breakdown for 2024 Sh¢)4￿ in FV)te 19. The note5 on pages 8 tr) 19 fonn an inlegral ￿rI of Ihese financ3al stalements. Groat Torrington Commons Conservators (Registrdtlon number: 202804) Balance Sheetas at 31 March 2025 2025 2024 Flx•d as*ets Tanglblo 355ets Investments 14 15 28,724 196.328 225,052 195,759 218.263 Curr¢nt aJs0ts Debtors Cash at bank 8ThY in hand 16 17 2.182 62.6S) 64,832 3.539 24,133 27.672 Cr•dltora: Amounts due wlthln one y 18 5,384 62,267 22,288 280.530 247.340 Funds otthe ¢harlty: Restrict￿ incom• funds RBsth"cted funds 21.814 4,732 Unrestslct•d Income fvnds Unre5tricied funds 258.716 242.608 Total fund$ 19 28Q).530 247,340 Thefi naal ststemgnts on pages 8 to 19 were approved by the iwstees. a￿1 authorlsed for issue on . and sig￿￿ on tr￿lf beh811 by. Adam ￿lbY Trustèè AJ￿reW Gll&s Trusteg The not&$ ffl rAges B to 19 lo￿ an inwra part of Uwe finanL?81 statemnts. Great Toryington Commons Conservators Notes to the Financial Statements for the Year Ended 31 March 2025 1 Aeeounting policies stalement of ¢¢mpliane• Th8 fjn8ncial ststements have baen pr8wared in accordance ￿ the 581x>nd edition of the Charlt Sl818rllent of R8cornmended Pr8dr(x Issu￿1 in Oclobar 2019, the Financaal ReportirwJ Stsndard applI￿ble in the Untied Kingdom and Republi¢ ot IrdaThJ IFRS 102) and the Charttiès Act 2011. Basls of prèparatton Great Torrington Commons Ccnservancy ICornwKJn Landsl meets the definitson ol 8 public bènefrt entity uThJer FRS 102. The (fina￿1￿1 5tatem8ntsl hav8 been prepared under the hlstorir￿l cost convgrtion wth itsms recognised at c(6t or transacts'on valje unt&ss otherw Stated in the rdevartt nole(sl to thes9 aw)unts. The finaniial staknènts ar6 prepared in stsfling whth is the ￿￿tional IXJTrency ofth9 charity. Golng Gon¢•m The trust8ès consider that there wa Th) mat8nal uncertain1i8s at<*Jt th8 thariW$ abdity to continue as a g0SThJ conw Incom8 and end0¥*Tn￿lS Volunt8ry income induding thJnation5. grRs, legackn and gr3nts that prowth rxye fvnding or are of a general nature is r￿n￿Sed the charity has ￿ti￿ement to Ihe income. it is probable that the inwnè be rwived the amount can be mèasurod wilh sufficient T&￿abl￿. Donatlons •ndl¢gaci•8 Donations arwj legary8s a￿ reo)Jniwl 4)n a rec¥va￿$ l>asTs vtren rac4pt Is profRblB and th amount Gan be rdiabty me&sure(l. Granls r8c•lval Grants are racc4Jni5ed wh•n the c*arity ￿ an entilernent to the fijnds and any linked to the grants have b98n met. Where perfomiance ccffl(liticM)s are attsthed to the grant arg yet lo b8 met, the in¢ome is reLvJnised as a iiablw arttl induded on the t¢lar￿e sheet as def8tr8d incom8 to b$ raloased. In￿lment Income Oiv¥Jends ar8 rwiised Dnce ts dNideThJ ha5 been dedared and nDlificathM has been received of tho dwK1end dug. Expenditurè l ¢xpendiiure is recognised orKe thefe is a legal ¢x I))￿r￿(the Obl￿81[0￿ to Ihat expendit¢Jre, rt is PTobab58 settlemenl is required and Ihe amount can be measured reliably. AJI BTe allDcat8d to the appltcable oxpenditure heading th8t aggregate similar costs to that Lztegory. Wh8re costs ￿nTrOl be direcuy attributed to parb.odar headiThJs Ihey have been allocated on a basis consistent vAth thè use of resources. *ith central staff costs alloBal8d on the basis of tim8 spent. depreLl8tk)n charges alloeAtad on the ol th• asseV$ use. Ollv sUpp¥￿t costs are allor4led based the sprgad of staff costs. Grnat Torrington Commons Conservalorn Notes to the Flnancial SL*aments for the Year Ended 31 March 2025 (contlnued) Ralsin9 funds These ar8 LY)sts In￿rTed in aiiwtiTrJ voluntary In￿0. the managoment of investments and those incurred in tradiro actiwties that Mse ftJr¥Js. Ghèritable ac1?￿tIeS Charitable exFenditure comprises tIMise o)sts inGuried by the chanty in the delivery of its activibes and SoNi￿S for ts benofioaries. 51 tndudes costs Ihat can bg alkcatsd direcdy lo such activities and Ihose (xjsts of an indirod nature r￿CeSSary lo sUp￿rt them. Support costs Supwt costs central fune1[￿S and have all￿ated to cost categories on a basis consister)t wilh the us8 ol resottrces. lor examtd8. alhxatiNJ proFtsrty wsts by floor areas, or par capita. staff costs by Ihe tim8 SFent ￿ othèr co6ts by their LWJe. Taxation Thg charity i8 consider&J to pass the tssts set out in Pwagr8ph 1 Scajwjule 6 of tha Finan¢8 Aca 2010 and therefor• ￿ m88is the dgffinthn of a charitaiAg company for UK corporation lax purpose3. Accordingly. the charity Is wtèntiauy exempl Irom tsxation kn Tespect of incATh or capttal gain$ received within categorie5 cov8red by Chapter 3 Part 11 of the Corporation Tax Act 2010 ￿ Se(Aion 256 of the Taxaknon of Chargeable Gains Ad 1992. to th8 extent that such income or gains ar8 applied exdusNely io d￿ritalIe PLWP)ses. Tanglble fix•d ass•ts INliwdu81 fixed a888ts are initialty recorded at cos( 1888 any WbSequ￿t ao)Jmulaigd *roLxation and subSeq￿nt acrjJm￿at8d impaiTmenl ￿￿seS. D•prgCiation and anortlsation Depfadaticn 1$ provided on tsrvJiblg fixe¢J as88ts 59 as to write off the (J)st or valLAUon, less any éstimated rgshjual waiue. over their expecled usefvl economic Irfa as fdlows." As>et class anl and Mac*in8ry 25% redurAro balance Flxed asset inve8tpwnts Fixed asset investment4 other than prDgrarnm• related imfe51ments. are induded at m*et value at Ihe balan￿ sheet I18te. Realised g￿rts and 10&8es on inveslments are ¢2lcuLgtwJ as th8 difference befvleen sa￿5 proceeds ￿ their market valuè at the start of the year. or tsr sub￿qUant o)st. and are ch8rg¢d or credffed to Ihe Slalement of Finxaal A￿]￿lieS ￿ the Per￿ of disposd. Unrealised gains and losses rePreS￿t thé Mov￿ent in market values during th8 y•ar and are credltwj Ix charged to the Statement of FuwKial Athties bas￿ ort thg markel value al the year end. ash afid cash equiv*nts Cash and tash equivalents cOMpr￿e cash on haThJ call depD5h5. arttl other Short-tsmi highly liquid investments that are rBadity conyerbbkn to a known arn￿nt of osh and are SUb￿Ct to an In￿nIfiCant ri8k of ¢Xwige fft Va￿8. Great Torrlngton Commons Conservalors Notes to the Financial Statements for the Year Ended 31 March 2025 (contlnued) Fund slN¢kn• Unresblcted IncLyne funds ￿ general funds Ihat are aya'lab￿ for use al th8 truslg95 dI￿retiOn in furtherdnce ol the objeclives of tre tharity. R8StricW income funds ar8 that8d ts use ￿ 8 parboiw a￿# or for spedfic PLKFOS8S. tha Usg ofwhth is restricted to that area or PUTrN)se. Flnonclal instrum•nts Cla5sifi¢atitrn Fbnancial assots and finan(xal Iwilrfies are ret4rMsed the dwiity b￿rneS a party to the contraciual provisM)n5 of the instrument Financial liabilit*s and equity instruments *e clas8lfied ac(IKding to the substance of the contractual arrangements entered into. An equity in5tsument is any contract thai 8Mdence5 a reshsual inter851 In the assets of the tharty after deducling al of ils I finarKial assets and l￿bIt￿eS a￿ inllla*y me8sured at tranwtW￿ (indudiThJ trantsaclion stsl, except for those financial assets dassifiad as at fair Wdlue through rwofft or loss. whid) are initialty measured at fair value Ivthich is normally the trdnsacth)n wic6 exdudsng transacb.on costs), unless the affan9emenl constitutes a fin*ncing transaction. If an arrangement constitutes a financing transacbon. fv.nanci￿ assot or ffian(#al liabilTty is measured al the present value of fvtUTe payThents diso)unled at a markd rate of inlerestfor a similar dabt instrum8nt. Finanryal assets and liabilities are onty off5el in the statement 01 financial ￿SI￿on when. and onty therp 8xists a kgalty enforceable rwJht to sel off Ihe iecogni89d amounts and the charSty inl8nd$ sit￿ Io 54tUe c*i a nal basts. cw to realse th8 assel and satde tho sati￿lty simthngcoAy. Finanual assets are de[ECogn￿ed when ar¥J c*)ly when a) the conlradual rohts to the cash flows from the financial awt 8Xpl￿ OT arp s¢tllBd. b} the chanty transfers to anottwr paty substsntlally all of risks atKI rvwards ol own8r5hip of tho finanoal zssat. or cl the charsty, d95pi19 havkng rgtained sorno, but nol all. slgnffjcanl ri￿5 a￿1 rewards of I￿nerShI). has trdnsferred o)ntrol of thè asset to an)d eslinats of tsir vall￿. the f81r Wdlu8 is esllmatthy by using a valLBtion t￿n￿￿e. 2 Incomo Irorn dorMdoM and legacles Unr•strict•d funds Ge￿ra1 R¥stricted funds Totsl 2025 Donatlons Donations 6,328 18.427 24.755 Grants Grants received 16.425 20,280 36.705 22.753 38,707 61.460 Unre5trlct•d lunds GeD8ral R05tr1ct•d nds Total 2024 Donatlons Donauons Grants Gwrts r￿1ved 6.746 4,117 10,863 2,250 6.996 6.117 13.113 3 IAcom• from oth•¥ Irading a¢tlvttles Unrestrictsd funds General 2025 Bts)k Sales 365 &Jpporters FuryhaisitwJ events Car Boot Sal8S CommemoratiV8 BwK*es 7.57T 4.759 2.467 5.242 51X) 7.577 4,759 2.467 S.242 500 20.545 20,545 Great Torrington Comn￿nS Conservators Notes to the Financial Statements for the Year Ended 31 March 2025 (conunued) Unrestrided fvndg GènèTal Totsl 2024 Bocl( S￿9$ 365 Supportws Fundraising events Car Boot Sales CommemoratNe B8ndfts 3.532 4,370 1,373 4,617 3,532 4.370 1.373 4.617 900 14,792 14.792 4 Invèstmont incom• Unrnstricted nds G8neral Total 2025 Bank interest recéivable Invesknent income 522 8.699 522 8,699 9.221 9.221 Unr•striet•d funds Gw•ral Total 2024 Bank lrfèr8st receivable Investrnent income 442 8.347 442 8.347 8,789 8.789 S Other income Unrestrictsd nds Genèral Totsl 2025 GT(yJnd Rent Wayfeaves Other income 29.110 677 7.001 29.110 677 7.001 36,788 36.788 Great Torrington Commons ConseNators Notes to the Flnancial Statements for the Year Ended 31 March 2025 (continued) Unrestricted fund8 Gentral T•)tsl 2024 Gr(yJnd Rant 28.492 1.665 2,449 2,881 2.400 28.492 1,665 2,449 2.881 2.400 37.887 othgr income Sub5idlos R8fvnd of RPA costs 37,887 6 Expendl￿re on ralsSn9 funds a) Costs ol genèrntlng donadons and l•qacle* funds Totsl 2025 OthFr direct ￿)Sts of genoratiThJ volurrtary Incyjm 35 35 Unr•strided funds G•n•ral Totsl 2024 Other dirpd costs of gw*ratsng volunlary i￿rne 29 r Expendliure on eharilable activttles Unrnstrictod funds G•neral Restriclad funds Totsl 2025 locatsd support 72.595 21,625 94.220 Unrestrlcted funds Totsl 2024 funds ocated SUPFKrt IxJsts Great Torrlngton Commons Conservators Notes to the Financial SL*ements for the Year Ended 31 March 2025 (contlnued) 8 Anatyg15 al support cos18 support ¢<¥st% all0￿d to ¢hadtabl• actiytties Total 2025 Total 2024 Depre￿atiOrI Staff cl￿ts Ext@mal audit fe8s Repairs and mairrtenance Ernployers Pension oythbons lThJepend£nt Examiners fees Staff costs and travelmng LighL haat and PU4Yor Insurance RPA cosls Offies èxper SurKJry costs Loss on th3p&s￿ of tangit48 fixed ass&ts Logal and p￿*s$s1orr￿l fees 7.505 43.217 9,579 44.370 ?7Jl 27,996 203 1.918 81 1.Z54 18.867 1,896 816 1,354 4,574 2.400 2,527 790 2.395 374 300 388 94.220 88.117 9 Met Incomirylthrtgoing resou Net inrJJringl(outgcingl resources forts indud8: 2025 2024 Luss on ¢thsp)sd of tsryible fixed assets D8precIau￿ of fix8t1 assets 300 7,505 9,579 No Iwste8s. nor any petsons cxJnn8LknJ wth them, have I￿e1Ve￿ any ￿￿￿akI)n from thè tharity during the year. No tnjslees have n(*rV￿ any ￿￿t￿Tred experws or other benefits from th8 ch8rity durfng tha year. Great Torrington Commons Conservators Notes to the Flnancial Statements for the Year Ended 31 March 2025 (contlnued) 11 Staff costs The ￿regate PayToII ¢4)sts￿￿e as fDIovts'. 2025 2024 Staff costs duriThJ the year were: Wagos and 58lar Pgnsion 43.217 203 43.420 44.370 44.370 Tho avewe head UAJnt of empwes dLThg the 4 12024: 4k Tho averagg nUM￿r of f￿￿limB 8qvwaant om￿oySe$ durir6 thg y￿r 15 ar*lys•J as fo[kn￿.. 2025 2024 No No Numbor of 5tsff No empwe recwd ernolumwts of moro than £60.IMI durir¥J the ya8r 12 Independent ￿mIne￿S remunerdtion 2025 2024 Examination of thg ￿ndr￿lI statements 1.918 1,896 13 Taxatlon The c*arity is a register￿ d￿rity and Is therelrye exer￿1 Irc￿ tsxation. Great Torrlngton Commons Conservators Notss to the Financial Statoments for the Year Ended 31 March 2025 (continued) 14 Tanglblo fixod ass•ts Fumltur¢ and equlpment Total Cost At l April 902A Additims Dismls S.è46 96.615 2.185 2,185 13,354 At 31 March 2025 95,446 95.446 Depreciation Al l Awrl 2024 cttar￿ for the y8ar EliminatBd on dispos* At 31 March 2025 67.891 7.505 2.454 67.891 7,505 2.4541 72.942 Net book valu8 At 31 Marth 2025 22.504 Al 31 March 2024 28.724 Great Torrington Comnwns Conservators Notes to the Financlal SLthments for the Year Ended 31 March 2025 (Gontlnued) 15 Flx¢d ass￿ Invutments other in¥e#tm¢k Other Investhients Tatal Ct>gt orV•luation At 1 April 2￿24 Revaluation 196,328 $691 196,328 15691 At 31 March 2025 195,759 195.759 Nfrt b(￿k value At 31 March 2025 195,759 195,759 At 31 March 2024 196.328 196,328 16 Dobtors 2025 2024 Trad8 debtors Prep8wngnt8 199 3,340 2.182 2,182 3.539 17 Cash and ¢ash •qulvalents 2025 2024 Cash At bank 62.650 24,133 18 Credltors: amounts lalling Ikje within on• y•ar 2025 2024 Tr&Je UBdilDrs Othar18xation and socd security Other ¢79diltyS A￿ualS 233 354 3,238 58 2,088 1.978 2.565 5.384 Great To￿[￿gton Commons Conservators Notes to the Flnancial Statements for the Year Ended 31 March 2025 (continued) 19 Funds Balance at 1 April 2024 Other Balanee at In¢omkng Res¢)urces rnGogDlsed 31 Ma￿h OXP8ndetylnsl(Iosses1 2025 Llnro#tiiet•d fvnds General Funds Inveslments 46.280 1%.328 89.307 (72.630} 62,957 1￿,759 5691 569 89,307 258,716 ,630 242,608 Rgstrlctgd lundB Car Pa¥* Monument Fund Monum8nl RPA 18.427 18.427 3.387 4.732 {1.3451 20.280 21,625 4.732 21,814 Total funds 247.340 128.014 94.255 569 280.530 oth rKognisod galnsl lossosl Balanc• a131 March 2024 Balance at 1 ￿rf1 Incoming R•sources 2023 resourcès •wndéd Unrèstrlcted funds General Funds Inv85tments 58.872 189,792 181.0561 46.280 196.328 242.608 6,536 248,664 81,056 68.464 ￿ 6,536 R•gtrictad fvndg Monumont Fund Okl Bowling Green 705 5,000 5.705 4.117 1901 4,732 .090 4,732 Total fvnds 254.369 74.581 88,146 6,536 247.340 Great Torrlngton Commons Conservators Notes to the Flnancial Statements for the Year Ended 31 March 2025 (contlnued) Unrestricted furKts Invgstrnents represenl the rnark8iva￿ ofthe investments hdd w6th M&G and CCL dfun The Monument Fund is rnOn￿ dcffiated tNards the ￿1St cl repa￿D9 thp Waterfoo Monument. The Monument Car P8A( ￿ M￿leS donaknj for thg repair ofthe road to thg c3r park. A review of reslrlcted fund baknces Yras ra￿led ¢xrt durty 2024 an(1 it was identified Ihal all ot balances had prèvk)usly been utiUs8d. 20 Anatysls of nèt assets bbtween funds Unwestslctsd funds Gtrt•ral Total fund5 at 31 March 2025 R•strl¢tèd nds Tar¥JIb￿ flxed Fix9d assel Investrnents Current Current IrAbllities 195.759 43.018 12.565 195.759 64,832 12,5651 21.814 Total ngt assets 258.716 21.814 Vnrostrlcted nds G•noral Total fundg Restritled at 31 March funds 2024 T8nglble fix￿ 8ss8ts Fixed assel invesirneTrts Current assets Gurrenl labllib.es 28.724 196,328 28.724 196.3Z8 27,672 5,384 4,732 Total net aSS8ts 242.608 4.732 247,340 21 Relatéd party transactlons There wara no rOL8t￿ party transadbys yaar.