STEVENTON ALLOTMENTS AND
RELIEF IN NEED CHARITY
FINANCIAL STATEMENTS
31 DECEMBER 2024
CHARITY NUMBER 203331
CON'A'Tr.N'rs
Pages
"rnjslccs, Report
i-l i
Indcpeiideni Examincr's Rcporl
12
Reccipts and Paymcnts Accounl
13-14
Nolcs to thc financiaI Slalemenls
15

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARI
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure governance and management
The Charity is constituted under a Charity Commission Scheme of Administration
dated 16 January 1987.
The structure of the charity is that four trustees are nominated by the Parish Council
of Steventon, and three co-opted by the trustee body as a whole. Meetings are held
monthly to conduct business.
To assist in administration there are two part-time employees, a Clerk, Patrina Effer
and Treasurer, Gill Worthington. The Trust employs a full-time allotment warden,
Andrew Bolton. The Trustees take professional advice before taking major
decisions.
The Charity solicitors are retained for legal work and advi￿.
Richard Hall, retired investment adviser, acts in a pro bono capacity giving the benefit
of his financial expertise in interpreting the information provided by the Charity's
investment managers.
Invested funds are held by M&G Securities.
The Trustees report annually to the Steventon Parish Council.
The Trustees regularly carry out a formal Risk Management Assessment and Health
and Safety review of the Charity's circumstances and are satisfied that arrangements
are in place to mitigate exposure to major operational and financial risks.
Objectives, activities, achievements and performance
The objects are dictated by the conslitution of the trust. These are relieving either
generally of individually persons resident in the parish of Steventon who are in
conditions of need, hardship, or distress by making rants of money or providing or
paying for items, services or facilities calculated to reduce the need, hardship or
distress of such persons.
These are (in the order specified in the Scheme of Administration)..
i. Maintenance of the allotments and surroundings (including the maintenance of
land at Field Gardens).
2. Identification of cases of individual need among parishioners.
3. Identification of general need within the Parish benefiting both individuals and
the Parish as a whole. This objective is usually accomplished by subsidies to
existing organisations within the village.

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Care is taken to ensure that the organisations, clubs, churches etc, which are
subsidised, are transparent in their objectives, their activities meet a general need
within the parish, and that their finances are independently reviewed.
Reporting on Public Benefit
The Commission's guidance on "Charities and Public Benefit" requires that each of
the Charily's aims has to have an identifiable benefit and that this benefit must be to
the public or to a section of the public.
The first of the three aims is the Maintenance of the allotments and the surroundings.
The benefits to the public are that the allotment area is well maintained, tidy and
neat. The allocation of the allotments and the availability of allotments is constantly
reviewed and reported on at the monthly meetings. This ensures that the primary
objective of the Charity is being met. Allotment plots benefit from quick allocation
and facilities which are well maintained The surroundings have been landscaped
and have paths and benches for the public to enjoy. As the allotment site is in a
central village location its appearance is important and has an impact on all residents
and visitors.
The second aim is the identification and relief of need in individual cases. The benefit
here is to the individual, where a grant can be awarded if a case of need is shown. In
addition, education grants are awarded to any parishioners undertaking full-time
education. who would be eligible for a student loan. Application5 can be made by
anyone living within the parish or if they have a significant connection to the parish.
The Trustees have noted that new housing in the village has increased the number of
households by a third. They will continue to review this and the Charity's ability to
provide support to these households.
The third aim is the identification and re5ief of general need within the parish. The
benefits are that parish groups have access lo grants that allow them to provide and
develop services and activities that otherwise might not be funded. Parish projects
like the support of the school, and restoration work to the Church are also supported.,
as these type of projects bring many benefits. Applications for assistance can be
made by any parish group or society, the Parish Council and individuals.
Governance to deliver aims and objectives
In 2024 the Charity had no serious incidents or complaints. The Trustees understand
their duty to report serious incidents should they occur and make it know that the
Charity is authorised by the Charity Commission, so that individuals or groups can
reporl any concerns to the Charity Commission.

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Activities, Achievements and Future Plans
The primary objective of managing the allotments is achieved by the allotment
warden, whilst under the supervision of a Trustee. The warden facilitates their
maintenance using the equipment provided and maintained by the Charity.
Emphasis is placed on maintaining the allotments and surroundings, an area of
which has been landscaped, following professional advice. this includes maintenan
of walercour5es, verges, shrubs and trees. The role of the warden is expanded as
time allows including assistance in maintaining the elevated Causeway, a unique 12th
century. listed feature of the village, which forms the southern boundary of the
allotments. There is a separate village Charity (the Causeway Trust) which
supervises the Causeway. One of the Trustees is now elected to sit on this Trust
ensuring a close working partnership.
The village greens, forming the eastern and northern boundaries of the allotrnents,
are also maintained by the warden, which principally involves regular mowing to
assist football and cricket clubs. The charity continues to work with the Parish
Council consolidating the increase of ground maintenance undertaken by the
Warden.
The second objective. individual need, is achieved by regular advertisements in the
monthly parish magazine, and by personal 'case finding, by individual Trustees. The
support provided by the village vicar in identifying individual cases of need has
continued this year. Awareness of the Charity has also increased due to the growing
interest in the community of the Roots & Shoots Community Café and Allotment
group. Some of the Trustees support the Gafé each week and attend, and have
promoted the work of the Charity. Cases continue to be brought to the attention of
the Charity by other members of the community, as in some cases embarrassment
may inhibit individuals from asking the Charity directly for help.
Every application is sensitively handled and steps are taken to ensure the
confidentiality of the individual making the application. This is key to maintaining
confidence in the Charity's scheme and encouraging others to come fonNard when
they are in need.
The Trustee who suspects a resident needs help will often encourage and assist the
needy person to make an application. Unsolicited applications are vetted to ensure
that the case for financial need is not fraudulent. According to circumstances
financial assistance can be given either as a grant, or a seGured loan. The priorities
are:
to assist young people in setting up home within the community in which they
were raised
to assist elderly residents with day to day living

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
education grants to those Steventon resident who are undertaking full-time
further education and are paying fees or in re￿Ipt of a student loan
The third objective in our constitution, supporting community need, as finance allows,
is the most problematic.
The area is relatively affluent and when funds have been available, the Charity has in
most years been able to support the Parish Council in schemes which they judged to
be of benefit. The list is long. but mostly involved infrastructure and providing funding
for additional teaching assistants at the village school.
Recent major projects include..
ongoing support to St Michael's School in the provision of an additional
teaching assistant
support to an established group which provides support to the older residents
of the village.
support to the Roots and Shoots group who have taken large allotment space
and grow produce which is used to support residents in the village
The constitution dictates the Charity's priorities, and the Trustees have focused on
being able to fulfil the first two objectives as effectively as possible, with the least
expense, to enable the Charity to apply its resources to the whole community with
benefit for all.
Performance can be judged by the fact that individual need is satisfied, the
allotments are well maintained, and the village environment is admirable as the
Warden maintains several of the public areas such as the two greens in the village.
The village hall and the sports and social club continue to be assets lo the village
community, and benefit from support from the Charity to maintain their standards.
Plans for the future are essentially to maintain the present successful activities as far
as we can.

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The following major grants were awarded for 2024 to both groups and individuals..
Grants paid to Groups - January - December 2024
Award
Reason
Supply of electricity for 2024 wllage Christmas
lights
Group
North Star
£150.00
Steventon Friendly Association
£4.000.00
Group activities for elderly in Slevenlon
Second payment of £20K grant awarded for
provision of a leaching assistant for the
202312024 academic year
First payment of £25K grant awarded for
provision of a teaching assistant for the
202412025 academic year
Sl Michael's School
£10,000.00
St Michael's School
£12,500.00
Total Group Grants
£26,650.00
In addition. a voluntary donation was gNen lo Roots and Shoots for £200.00 in lieu of switching on the
Christmas lights.
Grants agreed in principle to Groups - January - December 2024
Second payment of£25K due lor 202412025
academic year award. Due to be paid in January
2025
St Michael's School
£12,500.00
Grants Paid to Individuals- January - December 2024
Education Grant 13 @ £500
£6,500.00
individual Grants under £1,000
£724.10
Education Grant 4 @ £250
£1,000.00
Birthday Grants 11 @ £50
£550.00
Birthday Grants 1 @ £100
£100.00
Brown Bin applications O @
£51.50
Individual grant
£0.00
£2,600.00
Resident flood damage
£11.474.10
Grants agreed in principle to Individua15 - January - December 2024

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Financial Review
The Charity continues to rely on the income generated from its investmenls that
originally arose from the sale of allotment land. The investment strategy relies upon
the Charity's view of present and future liabilities, and has arranged its finances so
that it can meet these present and future liabilities.
The overall results for the year ended 31 December 2024 was a surplus of £31,745
(2023- deficit £70,159). The surplus will be used to further the aims of the charity.
Liabilities
The liabilities of the Charity fall into three main categories=
Maintenance of the allotments and properties of the Charity
Relief of individual need of residents and close associates of the Parish
Support of projects and groups that provide benefits for those that live in the
Parish
In 2024 the total of these payments amounted to £113,580 (2023 - £225,838). The
increase in expenditure for 2023 was due to the costs of the refurbishment at St
Michael's House. We do however have an eslimated committed expenditure of
£12,500 carried forward. In order to maintain its effectiveness, it is expected that the
Charity would wish to maintain a normal annual level of expenditure in the region of
£120,000, and as it is a perpetual trust, these liabilities are real and therefore can be
expected to increase in line with inflation.
Related Parties
During the year, electrical works were contracted to Causeway Eleclrical Solutions
Ltd, a company of which Mr R Wilkinson is the director. Transactions were
undertaken at market rate on normal commercial terms. The values invoiced were
£696 <2023 - £1,726). There were no amounts owing in this or the previous year
There were no donations from trustees or related parties in this or the previous year.

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Reserves Policy
All funds of the charity were unrestricted in this and the previous year and can be
used to further the objectives of the Charity. Any balance in endowment funds are
transferred to the unrestricted funds at the end of the year.
The Charity maintains a reserve, so that it could respond to unforeseen increases in
need or a reduction in income due to adverse investment conditions. As of 31
December 2024 the funds readily available for use amount to £189.830 versus
£158,085 at the start of the year. This amounts to less than two times this yearfs
annual income. The Charity feels that it should maintain bebNeen, one and times
annual income available as reserve. The upper limit of reserves would enable a
build-up of funds so that the Charity can consider financing larger scale projects,
while the lower level would afford security to the typical expenditure seen over the
last few years. As at the year end the committed expenditure for 2024 was
approximately £12,500.
The Trustees feel that the present situation with their investment income and
potential luture liabilities is sound. They will continue to review the situation regularly,
and will adjust it as necessary, to ensure the future viability of the Charity.
Investment Policy
The policy of the Charity is to maximise income from its investments so that they
meet or exceed the present liabilities, without unduly jeopardising the security of the
capital. The investment policy should also recognise that, as the liabilities are real,
there is a need for the capital and its associated income stream to increase at least in
line with inflation over the long term. As a result the present investment portfolio
consists of the following:
Equities
Fixed I nterest
Property
£1,550,546.75
£ 374,199.57
£1.100,000.00
(51.3 /0)
(12.4%)
{36.3 /0)

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment income
Investment income during the year is summarised below:
Source
2024
2023
2025
ForecastlGuess
94,000
16,000
42.0% £ 39,000
+1870/0
2,500
£ 151,500
Charifund
Charibond
St Michael's
House
Feed in tariff
£ 94,776.69
£ 16,993.31
£ 90,037.87
£ 13,872.08
£ 39,000.00
£ 1,630.55
£144,540.80
+5.3 %
+22.50/0
£ 16,250.00
£ 4,682.90
£132,702.90
The Charifund and Charibond income figures stated here are net of M&G's
management fees and represents the payments received. The inveslment in
photovoltaic panels on the allotment building roof generated income of £4,682.90
St Michael's House income reflects the payment of rent in advance by the current
tenants, as they are likely to vacate the premises in June 2025 when new tenants will
need to sought.
The solar panels produce an annual income of more than £2.000 per year, the
variations in the annual amount received are due to the payment for the final quarter
sometimes being received afler the Charity's books have closed for the year, or
readings being submilted after the due date.
Investment Performance
The equity and fixed interest elements are currently invested in funds with M&G
Investments and long-term capital performance continues to compare favourable
against similar investments. The Trustees annually review M&G's performance and
are satisfied that they are providing a good service. The values of the assets are
summarised on the next page..

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Asset Valuation
Source
2024
2023
Charifund
Charibond
St Michael's House
Totals
£1,550,546.75 £1,511,151.23 +2.61 %
£ 374,199.57 £ 387,863.58
£1,100,000.00 £1,100.000.00
£3,024,746.32 £ 2,999,014.81
The Trustees regularly review Ihe performance of the investments, receiving advice
from Richard Hall a person with extensive experience in fund management, and take
into account any comments from the Charity's accountants, Vineyard Accountants
Ltd.
The dangers associated with the Ukraine war and other global conflicts together with
inflation mean that forecasting share yields and values at the end of 2024 continues
to be very difFicult.
The investment income is based on the current value of the funds, not the original
investments.
During the year, St Michael's House has not been re-valued, due to current economic
onditions the value of the property has not changed from previously. The property
was last professionally valued at 31 December 2023.
Reference and administrative details of the Charity
Charity Registered Number
203331
Correspondence Address..
The Clerk
SARINC
c/0 The Limes
19 Lime Grove
Southmoor
Oxon
OX13 5DN
Charity Email
info@sarinc.org.uk

i io
STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees..
Nominated by the Parish Council
Wendy Lucas
Carole Denton
Dawn Clements
William Temple
Retiring January 2029
Retiring January 2029
Retiring April 2026
Retiring January 2027
Co-opted
Steven Arthur Frederick Ward
Robin Mark Wilkinson
Stephanie Everill
Retiring January 2030
Retiring November 2028 - Chairman
Retiring February 2026
Solicitors
Challenor & Son Abingdon
Independent Examiner
Ashley N Poylon FCCA
Vineyard Accountants Ltd
Bankers
Santander
Investment Managers
M&G Securities Limited
Appointment and Re-appointment of Trustees
Nominative trustees shall be appointed by Steventon Parish Council. Each
appointment shall be made for a term of four years at a meeting convened and held
according to the ordinary practi￿ of the council.
Co-opted trustees shall be appointed for a period of four years by a resolution of the
trustees passed at a special meeting.
Trustees may be re-appointed for a further term but are excluded from voting at their
re-appointment.
Trustee knowledge is kept up to date by attendance at meetings, attending any
training courses and undertaking any technical reading in respect of any legislation
changes.

STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of trustees, responsibilities
The trustees are responsible for preparing the Trustees, Annual Report and the
financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally AC￿pted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare
financial statements for each financial year which give a true and fair view of the
state of affairs of the charity and of the incoming resources and application of
resources of the charity for that period. In preparing these financial statements, the
trustees are required to-
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them
to ensure that the financial statements comply with the Charities Act 2011, the
Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust
deed. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Signed on behalf of the Trustees
RM Wilkinson
Chairman
26 March 2025

Pagc 12
STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
REPORT OF THE INDEPENDENT EXAMINER
FOR THE YEAR ENDED 31 DECEMBER 2024
I report to the truslees on my cxamination of Ihc accounts of the abovc charity for
thc year cnded 31 December 2024 sel out on pages 13 to 15.
Ilesponsibilities
As th¢ charity's Irustccs, you arc rcsponsible for the preparation of Ihe accounts in
and bysis of rcport accordancc with thc rcquircmen15 of ihe Charities Act 2011.
I reporl in rcspccl of my examinalion of thc "I"ru5t's accounts carried oul under
scclion 145 01 Ihe 2011 Act and in carrying out my cxaminalion, I have followed
all the applicablc DiTcclions given by thc Chariiy Commission under section
145(5)(b) of Ihc Act.
Independent
cxaJnincr's
statement
I havc complelcd my cxaminalion. I confinn ihat no matcrial rnattcrs have corne
lo niy atlcnlion in conncclion with the cxamination which gives rnc causc to
bclicvc thal in. any matcrial rcspcct-
thc accounting records were not kept in accordancc with section 130 of the
Charitie5 Acl. or
Ihc accounls did nol accord wilh ihc accounting record5- or
thc accounls did nol comply wilh thc applicable rcquirements conccming
thc form and contcnl ofaccounls sel out in Ihc Charilies {Accounls and
Rcporls) Ilegulations 2008 othcr ihan any rcquirerncnt Ihai ihe accounts
givc a 'truc and fair, vicw which is nol a mallcr considcred as part of an
indepcndcnt cxaminalion.
I havc no concerns and have comc across no other matter5 in connection wilh
Ihe examination lo which altcntion should bc drawn in Ihis report in order lo
enable a propcr uiiderslanding of ihe accounts to bc rca¢hed.
A N Poylon E",CCA
Vincyard Accountants Ltd
Chartered Cerlif1ed Accounlants
5 '1"he Chambers
Vineyard
Abingdon-on-Thames
26" March 2025

Pagc 13
STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Section A: Rcecipts and Payments
Unrestri¢tcd
funds
F.ndowmcnt
funds
Total funds
Total fund5
2024
2024
2024
2023
Ileceipt5
Iiiveslinent Income (M&G)
Bank Inlcrcsl Ilcccived
111,770
111,770
7,599
216
103,910
7.341
212
7,599
216
AIIoimciit Rcnl Rcceived
Si Michaels l-louse Rcnl [le￿iVed
16,250
16,250
3,500
4,683
30
39,000
3,500
.631
15
Grass Culling
I",eLd In I'ariff Received
3.500
4,683
30
Wayleav¢
Refund from rcsident
977
977
l)onat10115 and coinpcnsation payinenls
Slib tolal
300
17,305
300
145,325
70
155,679
128,020
Asset and investmcnt 5alcs, and home
loan repayments etL
Toial receipls
17,305
128,020
145,325
155,679
l)ayments
Si Michacls I IOLISC I-xpciiscs
Orants for Individual Nccds
5,579
5.579
16.735
31,911
200
118,573
26,332
26.063
16,735
31,911
200
Grants for Gcneral Purposcs
Donation for Gencral Pui'poscs
VillaEc Mainlcnance
Govci'naiicc and Support Cosls
Siib iolftl
51,357
5.003
105,206
51,357
5,003
110,785
50,426
4,444
225,838
5,579
Asset and invcslment purehasos, etc.
2,795
2,795
Tolalpaynieiils
108,001
5,579
113,580
225,838
Ivel of receipis/(paymenls)
TraDsfcrs bctw¢cn fund5
(90,696)
122,441
31,745
158,0115
189,830
122,441
(122,441)
31,745
(70,159)
Surplu5 lor Ihe ycar
Cash (V￿d5 last year end
Cfislifuiiils iliisyellr eiid
31,745
158,085
189,830
(70,159)
228,244
158,085

Pag¢ 14
STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Section B: Statement of Assct5 and Liabilities at thc end of the Year
Unrestricted
rund5
Tr.ndowment
funds
2024
Catcgories
Detai15
2024
Cash funds
Bank Account
189,780
l-. ixed 'l'crm Dcposil
Cash in I laiid
50
Totftl cushf&nds
189,830
Fund to which
asset bclongs
Cost
(optional)
Currcnt
value
loptionall
Inve5tmcnt asscts
St Michaels l-louse
Endowmenl
I,ioo.000
1,550,547
374,200
126,483
3,151,230
M&G Invcslmcnt-charifund
Lndowmcnl
M&G Inveslmenl-charibond
Lndowment
I loinc Loai)s
Unrcstricled
Fund to which
a55et belongs
Cost
(optional)
Currenl
valuc
{optional)
Assets rctaincd for I'hc
charily's own usc
Allolmcni Lluildings
Traclor and Lquipmenl
Unreslricled
unrestr1c￿d
Fund to which
liability relatcs
Amount due
(optional)
When due
(oplional)
Liabilities
Grants Agrccd in principle
Accrued Expenses
R¢ni in udvance {7.5 weeks)
Unrc5trictcd
12,500
2,975
5,556
Unreslriclcd
Endowinent
Signed on b¢half of ihc Trustccs on 26 March 2025
SAfwAIID
R M WlI.t(INSON

Pagc 15
STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Trustee Remuneration and benefits
During this and thc PTevious year no truslc¢5 received any remuneration, bencfils or expenses.