ers. Lands ANNUAL REPORT & ACCOUNTS 2024
Walberswick Common Lands Charity
REPORT OF THE CHAIR OF TRUSTEES
April 2025
Trustees
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I was re-appointed Chair of the Trustees with effect from 1 January 2025 (having started in that role on 1 January 2023).
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The Parish Council re-appointed Hannah Sutton as a nominative trustee in March 2024 and myself in December 2024.
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The Rev Russ Gant took up his role as ex officio trustee from April 2024.
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At a meeting on 12 December 2024, Vanessa Tucker was re-appointed as a co-opted trustee with effect from 1 January 2025.
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My fellow trustees are extremely dedicated, giving freely of their time in the interests of the Charity and the community as a whole. I am indebted to their experience and insight.
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We are all equally grateful for the ongoing work of our clerk, Matthew Wetmore, whose diligence and knowledge of the affairs of the Charity is unequalled.
Accounts
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At their meeting on 27 February 2025, the Trustees signed off the Charity’s accounts for the year ended 31 December 2024.
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The general income for 2024 was just over £25,000 higher than for 2023 (and around £5,000 more than for 2022). Around £15,000 of this increase came from the covenant from Walberswick Car Parks Limited. This is a tribute to the enormous work undertaken by the Directors of WCPL, dealing admirably with a range of difficulties so as not just to protect that source of income, but to build upon it by over one third. That is no small feat.
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The balance of the higher income came from an increase of the funds which we have received by way of grants from the Rural Payments Agency through our Countryside Stewardship Agreement.
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Our expenditure remained approximately level. The increase in the RPA grant came in in the latter part of the year, and so is ready to be used in the course of 2025. We are mindful that a number of potential matters may require increased expenditure in 2025.
Environmental Stewardship[1]
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A substantial proportion of the Trustees’ time is spent on considering the management of the land and property for which the Charity is responsible. This includes the Common, but also the Town Marshes (running alongside the River Blyth) and some of the marshes and reedbeds running alongside the River Dunwich.[2] Much of this land holds a designation protecting it, reflecting the particular value in the wildlife and biodiversity in this rich area. As well as falling within an Area of Outstanding Natural Beauty (or ‘National Landscape’), much of the land is designated as a Site of Special Scientific Interest and a Ramsar Site (wetlands of international importance).
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Our vision is to steward the land in a world-class manner, following a nature-first philosophy, with the support of the village community and partners. We seek to explore priorities and then agree, deliver and monitor a stewardship programme which will protect and enhance the Charity’s natural capital for the village and its wider communities. We do this by differentiating the various land types and areas for which we are responsible so that we can then plan their stewardship appropriately. We work with experienced contractors and partners in an environmentally sustainable manner. We are initiating and trialling formal monitoring systems, promoting safe and inclusive practice, and seeking further and stronger community interest in this diverse and accessible landscape.
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As noted in last year’s Report, a new 5-year Countryside Stewardship Agreement was reached with Natural England with effect from January 2024. This includes a detailed scheme setting out expectations as to the work required on the relevant land. In 2024 the Charity received almost £45,000 in funds (an increase from around £33,000 in 2023), the use of which is restricted to the stewardship of the land to which it relates.
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The cost of the environmental stewardship work that we undertake is covered by these restricted funds, and any shortfall made up from the Charity’s unrestricted funds.
1 Whilst Natural England uses the term ‘countryside stewardship’, we prefer the term ‘environmental stewardship’; there is no particular distinction between them.
2 A fuller description of the land can be found at http://walberswick.onesuffolk.net/walberswick-common-landscharity/
[2]
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In early 2024, the Charity engaged new contractors to undertake a lot of the heavy work that is necessary, in particular over the Common. This preliminary work was successful and a much more significant plan was developed for the winter of 2024/2025 (when the work must be done, to avoid disturbing the wildlife that makes the Common its home over the warmer months). This has seen, for example, a considerable amount of over-sized gorse being cut down and removed from the site (whilst leaving lower gorse which provides such a beautiful display, and smell, in the spring); and the cutting of reeds in the fen.
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We have continued our engagement with volunteer groups for specific projects, such as the clearing of the top end of Bennett’s Drift, and we are grateful to the hard work of all of those who have helped out in this way.
Charitable activities
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A core aspect of the Charity’s purpose is the grant of relief to those in conditions of need, hardship or distress. This is done by individual grants or loans, and by general grants to charities and organisations that provide support (either generally or specifically) for villagers.
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More information about how the Charity can assist individuals in need can be found on our website.[3]
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In 2024, the Charity made grants in excess of £50,000. These included:
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(a) The Sole Bay Care Fund, in relation to the vital support that it offers within the village.
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(b) Payments are made to state schools attended by village children. In 2024, we made a oneoff offer to the parents of eligible secondary school village children for the purchase of a laptop for study use (as an alternative to a payment being made directly to the school). We considered that this would offer direct and tangible support to those families; and currently intend to continue with this in relation to children as they reach secondary school.
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(c) A contribution to the Village Hall, which allows for subsidised hire charges for local users.
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(d) Ongoing support for the provision of the free mini-bus that runs villagers to Norwich.
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(e) Grants to other local and national charities, whom we believe offer vital support to villagers.
3 http://walberswick.onesuffolk.net/walberswick-common-lands-charity/grants-and-benefits/
[3]
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In addition, the Charity supports specific activities, such as the annual Easter egg hunt and the children’s summer clubs.
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As ever, the Trustees welcome suggestions as to appropriate charities, organisations and activities it might support in the future. Such suggestions are surprisingly limited in number.
Heritage Hut
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The successful management and use of the Heritage Hut continued throughout 2024. It is regularly used by various community groups including WPC, the PCC, the Scroll Advisory Group, and WALL, and we are keen to encourage wider community use.
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As well as its use for meetings, the Heritage Hut is the depository for the village archives, so carefully curated by the History Group, and for the Walberswick Scroll, under the watchful aegis of the SAG.
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Of particular note in 2024 was the very successful exhibition ‘When the Seas Come In’, which attracted almost 1,000 visitors, over various dates across the summer. Our thanks to the Heritage Hut committee, and all of those who helped them in putting on this excellent and informative display.
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In September 2024 the Heritage Hut was the base for a ‘heritage trail’ as part of the national Heritage Open Days.
‘LionLink’
- The proposals for LionLink continue and it is currently intended that the interconnector cable will go under land owned by the Charity. The Trustees have continued to engage with National Grid Ventures and its various agents and contractors (as well as with Natural England) with a view to ensuring that – if the work proceeds – the impact upon the Charity’s land (with its associated protected habitats), and upon the village more widely, is mitigated to the greatest possible extent.
[4]
Conclusion
- The Trustees seek to continue the Charity’s ongoing support for the village of Walberswick. This is most obviously through the maintenance and development of the lands under its charge, something that adds to the unique beauty of the area. But it is also through the support of individuals and of the myriad of activities which individuals arrange for the benefit of the community.
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Richard Leiper KC
25 April 2025
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[5]
REGISTERED CHARITY NUMBER: 206095
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
WALBERSWICK COMMON LANDS CHARITY
van Dijk Accountants Limited Georgian House 34 Thoroughfare Halesworth Suffolk IP19 8AP
WALBERSWICK COMMON LANDS CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 11 |
| Detailed Statement of Financial Activities | 12 to 13 |
WALBERSWICK COMMON LANDS CHARITY
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity is the largest landowner in and around the village of Walberswick in Suffolk. It receives income from rental of its property and from car parking operations. Its primary responsibility is the long-term, environmental stewardship of its lands. In addition, surplus income may be deployed for the relief of need of Walberswick inhabitants and to support charitable objectives in the Parish of Walberswick.
Social investments
Individual grants are also made to support Walberswick inhabitants who are judged to be in need and suffering hardship. Annual and ad-hoc grants are made to groups, organisations, and charities that either directly support charitable objectives in Walberswick or have the potential to provide such support when needed. Examples include supporting; schools where village children are educated, local outreach agencies caring for the sick and elderly, the village hall, the local minibus service, road safety schemes, flood defences, churchyard maintenance, community events and children's sport and recreational activities.
FINANCIAL REVIEW
Reserves policy
It is the Charity's and Trustees policy to maintain reserves at a level it considers necessary to; (a) provide a contingency for emergency repairs, including minor flood damage and (b) meet cash flow fluctuations.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The Charity is governed by its Scheme dated 7 September 2009, amended on 1st November 2018 and constitutes an unincorporated Charity. The Charity was first registered on 4 February 1901.
Recruitment and appointment of new trustees
The body of seven Trustees is made of one Ex-officio Trustee, four Nominative Trustees and two Co-optative Trustees. The latter two categories are elected for a period of four years. The Ex-officio Trustee is normally the Vicar with pastoral responsibility for the Parish of Walberswick. Nominative Trustees are elected by Walberswick Parish Council.
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
206095
Principal address
PO Box 73 Halesworth Suffolk IP19 1AU
Page 1
WALBERSWICK COMMON LAND CHARITY REPORT OF THE TRusfEES for the Year Ended 31 December 2024 Trustees Reverend R Gant MrG D Humphrev Mr R T Leiper KC Chairman Mr D Pelly Mrs S Renouf Mr5 H J Sutton Ms V M Tucker Clerk Mr M Wetmore Independent E¥aminer P N van Oiik FMAAT van Dijk Accountants Limitetl Geor8ian House 34 Thoroughfare Halesworth Suffolk IP19 8AP Legal advisors Nicholsons Solicitor5. Lowestoft Bates Wells, London Survtyors Durranis. Beccles Stutt & Parker. Norwlch 8ANKERS Barclays 8ank PLC Approved by order of the board of tnjstees on 27 February 2025 and si8ned on its behalf by.. Mr R T Leipef KC- Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALBERSWICK COMMON LANDS CHARITY
Independent examiner's report to the trustees of Walberswick Common Lands Charity
I report to the charity trustees on my examination of the accounts of Walberswick Common Lands Charity (the Trust) for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P N van Dijk FMAAT
van Dijk Accountants Limited Georgian House 34 Thoroughfare Halesworth Suffolk IP19 8AP
27 February 2025
Page 3
WALBERSWICK COMMON LANDS CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 December 2024
| Notes INCOME AND ENDOWMENTS FROM General Income 2 Other income Total EXPENDITURE ON Costs NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 125,461 - 125,461 102,802 22,659 1,761,645 1,784,304 |
Restricted fund £ 44,892 - 44,892 31,253 13,639 14,747 28,386 |
31.12.24 Total funds £ 170,353 - 170,353 134,055 36,298 1,776,392 1,812,690 |
31.12.23 Total funds £ 145,155 60,000 205,155 131,404 73,751 1,702,641 1,776,392 |
|---|---|---|---|---|
The notes form part of these financial statements
Page 4
WALBERSWICK COMMON LANDS CHARITY STATEMENT OF FINA14CIAL POSITION 31 December 2024 31.12.24 Total funds 31.12.23 Total funds Unrestritted fund Restricted fund Notes FIXED ASSETS Tangible assets Investment propertv 936,779 545,LXKJ 936,779 545,LX)O 947,786 545,OLX) 1,481,779 1,481,779 1,492,786 CURRENT ASSETS Debtor5 Investments Cash at bank and sn hand 66,294 243.788 s6.1 66.294 283.711 57,969 83.7S7 256,412 18,021 39.923 1.068 366.983 40,991 407.974 358.190 CREDITORS Amount5 fallin8 due within one year 64.458 12,605 77.063 174,5841 NET CURRENT ASSETS 302,525 28.386 330,911 283,606 TOTAL ASSETS LESS CURRENT LIAalLITIES 1,784,304 28.386 1.812.690 1,776,392 NET ASSETS 1.7B4.304 28,386 1,812,690 1,776,392 FLINDS Unrestricted funds Restricted funds io 1,784,304 28,386 1,761,645 14,747 TOTAL FUNDS 1,812,690 1,776.392 The financial statements were approved by the Board of Trustees and authorised for issue on 27 February 2025 and were signed on its behalf by.. Mr R T Leiper KC- Trustee H J Sutton- Trustee The note5 form part of these financial statements Page 5
WALBERSWICK COMMON LANDS CHARITY
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Freehold property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve, see note 11 to the accounts.
The Charity has an interest in the Heritage Hut situated on Walberswick Village Green which is held on a ten year lease commencing 11th April 2019. Improvements thereto are being amortised over the remaining term of the lease.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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WALBERSWICK COMMON LANDS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024
2. GENERAL INCOME
| Unrestricted funds £ Access licences 1,380 Property rent 36,014 Agricultural agreements 1,516 Investment income 8,543 Investment restricted income - Covenant from W.C.P.Ltd 55,162 Annual licences 20,257 Track & manor fields - Environmental stewardship - Donations 422 Increase in value of investments 2,167 125,461 |
Restricted funds £ - - - - 1,381 - - - 43,511 - - 44,892 |
31.12.24 Total funds £ 1,380 36,014 1,516 8,543 1,381 55,162 20,257 - 43,511 422 2,167 170,353 |
31.12.23 Total funds £ 1,440 34,875 1,774 6,546 788 40,498 19,404 1,665 30,109 2,367 5,689 |
|---|---|---|---|
| 145,155 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
4.
TANGIBLE FIXED ASSETS
| COST At 1 January 2024 Additions At 31 December 2024 DEPRECIATION At 1 January 2024 Charge for year At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Freehold property £ 890,000 - 890,000 - - - 890,000 890,000 |
Leasehold property £ 98,570 - 98,570 40,784 11,007 51,791 46,779 57,786 |
Totals £ 988,570 - |
|---|---|---|---|
| 988,570 | |||
| 40,784 11,007 |
|||
| 51,791 | |||
| 936,779 | |||
| 947,786 |
continued...
Page 7
WALBERSWICK COMMON LANDS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2024
5. INVESTMENT PROPERTY
Walberswick Common Lands Charity has title to freehold land and properties within the Walberswick area from which the Charity derives income, they have been valued professionally at £545,000.
6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| Trade debtors 7. CURRENT ASSET INVESTMENTS COIF accumulation shares COIF income shares COIF deposit accounts 1 & 2 COIF sea defence deposit account COIF Track & manor fields deposit account 8. CASH AT BANK AND IN HAND Bank account no. 1 Track & manor fields account |
General fund £ 56,901 - 56,901 |
Restricted £ - 1,068 1,068 |
31.12.24 £ 66,294 31.12.24 £ 31,534 28,995 140,256 8,710 74,216 283,711 31.12.24 Total funds £ 56,901 1,068 57,969 |
31.12.23 £ 83,757 31.12.23 £ 30,008 28,355 176,127 8,286 13,636 256,412 31.12.23 Total funds £ 17,965 56 18,021 |
||
|---|---|---|---|---|---|---|
continued...
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WALBERSWICK COMMON LANDS CHARITY
| NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 December 2024 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors 10. MOVEMENT IN FUNDS At 1.1.24 £ Unrestricted funds General fund 1,761,645 Restricted funds Restricted 14,747 TOTAL FUNDS 1,776,392 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 125,461 Restricted funds Restricted 44,892 TOTAL FUNDS 170,353 Comparatives for movement in funds At 1.1.23 £ Unrestricted funds General fund 1,685,783 Restricted funds Restricted 16,858 TOTAL FUNDS 1,702,641 |
31.12.24 £ 9,102 67,961 77,063 Net movement in funds £ 22,659 13,639 36,298 Resources expended £ (102,802) (31,253) (134,055) Net movement in funds £ 75,862 (2,111) 73,751 |
31.12.23 £ 10,191 64,393 74,584 At 31.12.24 £ 1,784,304 28,386 1,812,690 Movement in funds £ 22,659 13,639 36,298 At 31.12.23 £ 1,761,645 14,747 1,776,392 |
|
|---|---|---|---|
continued...
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WALBERSWICK COMMON LANDS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2024
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS |
Incoming resources £ 172,334 32,821 205,155 |
Resources Movement expended in funds £ £ (96,472) 75,862 (34,932) (2,111) (131,404) 73,751 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS |
At 1.1.23 £ 1,685,783 16,858 1,702,641 |
Net movement in funds £ 98,521 11,528 110,049 |
At 31.12.24 £ 1,784,304 28,386 1,812,690 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS |
Incoming resources £ 297,795 77,713 375,508 |
Resources Movement expended in funds £ £ (199,274) 98,521 (66,185) 11,528 (265,459) 110,049 |
|---|---|---|
continued...
Page 10
WALBERSWICK COMMON LANDS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2024
11. REVALUATION RESERVE
Unrestricted funds at 31[st] December 2024 include the revaluation reserve of £145,000.
12. RELATED PARTY DISCLOSURES
Trustees Mrs H J Sutton and Mr R T Leiper KC held on behalf of Walberswick Common Lands one share each in Walberswick Car Parks Limited at 31st December 2024. Mrs H J Sutton is also a director of Walberswick Car Parks Limited. During the year Walberswick Car Parks Limited covenanted £55,162 (2023 £40,498) to Walberswick Common Lands Charity.
Page 11
WALBERSWICK COMMON LANDS CHARITY
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | DETAILED STATEMENT OF FINANCIAL ACTIVITIES | DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| for the Year Ended 31 December 2024 | ||||
| 31.12.24 | 31.12.23 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||
| General Income | ||||
| Access licences | 1,380 | - | 1,380 | 1,440 |
| Property rent | 36,014 | - | 36,014 | 34,875 |
| Agricultural agreements | 1,516 | - | 1,516 | 1,774 |
| Investment income | 8,543 | - | 8,543 | 6,546 |
| Investment restricted income | - | 1,381 | 1,381 | 788 |
| Covenant from W.C.P.Ltd | 55,162 | - | 55,162 | 40,498 |
| Annual licences | 20,257 | - | 20,257 | 19,404 |
| Track & manor fields | - | - | 1,665 | |
| Environmental stewardship | - | 43,511 | 43,511 | 30,109 |
| Donations | 422 | - | 422 | 2,367 |
| Increase in value of investments | 2,167 | - | 2,167 | 5,689 |
| 125,461 | 44,892 | 170,353 | 145,155 | |
| Other income | ||||
| Gains on the revaluation of freehold property | - | - | - | 60,000 |
| Total incoming resources | 125,461 | 44,892 | 170,353 | 205,155 |
| EXPENDITURE | ||||
| Costs | ||||
| Administration | 16,552 | - | 16,552 | 16,958 |
| Property maintenance | 6,723 | - | 6,723 | 2,420 |
| Professional fees | 12,796 | - | 12,796 | 14,479 |
| Rates | 135 | - | 135 | 231 |
| Insurance | 3,457 | - | 3,457 | 3,305 |
| Individual charitable grants | 2,442 | - | 2,442 | 3,165 |
| Charitable grants | 49,656 | - | 49,656 | 44,894 |
| Track & manor fields | - | - | - | 11,500 |
| Environmental stewardship | - | 31,253 | 31,253 | 23,432 |
| General | 34 | - | 34 | 13 |
| 91,795 | 31,253 | 123,048 | 120,397 | |
| Support costs | ||||
| Other | ||||
| Depreciation of Leasehold property | 11,007 | - | 11,007 | 11,007 |
This page does not form part of the statutory financial statements
Page 12
WALBERSWICK COMMON LANDS CHARITY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2024
| 31.12.24 | 31.12.23 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Total resources expended | 102,802 | 31,253 | 134,055 | 131,404 |
| Net income | 22,659 | 13,639 | 36,298 | 73,751 |
This page does not form part of the statutory financial statements
Page 13