CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees f tlvLsTOtJ £F ij j££-0 Ck4 All iry On accounts for the year ended Charity no (If any) Set out on pages I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the year ended Responsiblllties and basls of report As the charity's trustees, 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent Ffhe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not 8pplicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records; or the accounts did 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 requiremenl 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. Please delete the words in the brackets if they do not apply. Signed: Rkn CLL I&LLL A f Date: aa.a a Name: Relevant professlonal qualification(s) or body IER Oct 2018
(if any): Address". Up•JiT 3 rJC) Section B Disclosure Only complete If the examiner needs to highlight material matters of concern (see CC32. Independent examination of charity accounts: directions and guidance for examiners). Glve here brlef detalls of any items that the examiner wlshes to disclose. IER Oct 2018
TRUSTEES ANNUAL REPORT Thurston Relief in Need Chari No. 210828 For the Flnancial Year endin 31" December 2023 Charit 's Address: Mrs Barbara Morris, Stockhold Green Cottage, Thurston, Bury St Edmunds, Suffolk IP313RL Governin Document: Scheme dated 8 August 1986 12E 210,828A12 Ob'ects of Charit To make payments to relieve persons resident in the Parish. in need, hardship or distress or to provide items, services or facilities for such. Payments to institutions or organisations are provided for such people. In exceptional cases relief is made to individuals, resident immediately outside the Parish. Restrictions exist on relief of rates, taxes or other public funds. No commitment to repeat or renew relief. Professional Advisers: Hazells(Chartered Surveyors), The Annexe, Short Brackland Street, Bury St Edmunds, Suffolk, IP33 1 EL. Greene & Greene Solicitors, 80 Guildhall Street, Bury St Edmunds, Suffolk, IP33 1 QB Trustees: Revd. Benjamin Edwards Mrs Jannette Service Mrs Irene Churchus Mr Keith Towers (Chainnan) Mrs Barbara Morris (Secretaryrrreasurer) Ex-officio Trustee Nominated by Parish Council Nominated by Parish Council Co-opted members through residence etc. Serving 5 years Trustee Selection Method: By recommendation with 2 Trustees being appointed by the Parish Council. Activities and Achievements". 4 Grant payments were made in 2023 No Emer&¥ency Payments were made in 2023. Reserves Polic We have a current account bank balance of £37,629.58 to start 2024. A new Internet Deposit Account has a balance of £353,019.85. Grant Makin Polic Notices are placed in the Parish Newsletter inforn]ing everyone about the Charity. People are more often referred by word of mouth. All requests considered by Trustees in complete confidence. ew of Ma or Risks: Income for this year was £403,300.63 and payments made £17,685.71. The Share Income for 2023 was £1 51.19, a 58p increase on 2022. The investment value of the shares held is £5507.58 as at 31 st December 2023. This shows a increase in value of £463.50 on the previous year and is to be expected due to current market conditions. The 1.25 acres, part of the Charity's field on Heath Road, will continue to be let to Thurston Parish Council for a rent of £55.00 per annum. The latter is used as a children's play area. Four grant payments, were made in 2023, to assist residents. Most referrals have been from official bodies on behalf of their clients who have moved into houses on Thurston's new developments.
The Charity has now received the proceeds for the lease of 3.4 acres of their l 0.75 acres of land on Heath Road from Housing21. The net amount received was £388,006.00. The Trustees continue to hold discussions on how to proceed with the remaining land for the benefit of the village. There has been no further progress on the possible use for the village of the nearby 33-acre field. The Trustees wish to make changes to the Trust Deed with a view to have more options with what can happen with the remaining land that will be more beneficial for the residents of Thurston. A review is currently being drafted before discussions with a solicitor. Declaration: I declare, in my capacity as Charity Trustee, that the Trustees have approved the above report and have authorised me to sign on their behalf. Signature.... . Date 2LL.fkn.*z
RECEIPTS & PAYMENTS ACCOUNTS cc SECTION A Unrestricted Funds Name of Charity Thurston Relief in Need - Regist8red No. 210828 Year ended 31st December 2023 RECEIPTS 2023 2022 A1{a) Housin 21 re1 ts £ 400,000.00 A1{b ) Inveslment IneA)me Heath Road Playingfield Renl Eastem Wayleave C.O.l.F. Income Shares 55.00 74.59 38.10 37.52 37.52 38.05 £ 280.78 £ 3.019.85 £ 3,019.85 £ 403 300.63 55.00 74.59 37.52 37.52 37.52 38.05 £ 280.20 Deposit accA)unt interest 280.20 PAYMENTS A2{a) Charitable Pa menls li) Grants Paid Support Payment Emergency Payments Carried over Paym8nls 497.96 1,550.00 lil) Support Costs Garden Maintenance Slalion8rylPostsge Grft for auditorrtrLJStee Fees Hedgo Cutting A2{b) Professional Costs Fees - Solicitors Fees - Agents Fees - Landscap8 Ar¢hitecl Fees - A¢counlants 1.000.00 5.00 50.00 360.00 5.75 43.00 4,023.00 9,840.00 3,156.00 120.00 17 685.71 2 965.00 OutstandSng Debits Net of ReceiplslPaymenls Cash Funds last year end Cash Funds this year end £ 385,614.92 5,034.51 £ 390 649.43 2,684.80 7,719.31 SECTION D 01{a) Cash Funds as at 31 sl December 2023 Cash Bank Balance - Treasurers account Bank Balanc8 - Deposit account 37.629.58 £ 353.019.85 £ 390 649.43 03(a) Investment Assals 277.53 C.O.l.F. Incnme Shares 1.25 acres of land at Heath Road let to Thurston PC Yearly Wayleave- Electricity Current Value 5,507.58 at December 23 55.00 renuannum 74.59 r8nVannum