## **Gedney Hill Estate Charity Trustees' Annual Report** ||Period start date|Period start date|||Period end date|| |---|---|---|---|---|---|---| |**From **|**1**|**02 **|**2024**|**To**|**31 **
**01 **|**2025**| Section A Reference and administration details **Charity name** Gedney Hill Estate Charity > **Registered charity number** 212473 > **Charity's principal address** c/o Mrs R E Reeve The Blacksmith’s Cottage, 2 Swapcote Lane, Long Sutton, Spalding, Lincs **Postcode PE12 9HD** **Names of the charity trustees who manage the charity** |1
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14|**Trustee name**|**Office (if any)**|**Date of Initial Appointment**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Peter Geerlings|Chair|September 2005|| ||Peter Bingham|Vice Chair|September 2001|| ||Jennifer Venters||October 1991|| ||Malcolm Sly||September 1999|| ||David Burgess||September 2001|| ||John Grevatt||April 2016|| ||John Venters||September 2019|| ||Amanda Clampin||April 2018|| ||Neil Watson||October 2023|| ||Mellissa Shepherd||October 2024|| ||David Ingle||October 2025|| |||||| |||||| ||Rebecca Reeve|Clerk|January2014|| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Trust / Scheme (eg. trust deed, constitution) How the charity is constituted Charity - (eg. trust, association, company) March **2012** **TAR** 1 Trustee selection methods Six nominated Trustees and Six Co-opted Trustees (eg. appointed by, elected by) Nominated Trustees are appointed as follows: 3 by the Parish Council of Gedney Hill 2 by the Parochial Church Council of the Ecclesiastical Parish of Holy Trinity, Gedney Hill and 1 by the Lincoln Diocesan Trust and Board of Finance Ltd. Term of four years Co-opted Trustees are appointed as persons who through residence, occupation or employment, or otherwise have special knowledge of the Parish of Gedney Hill. Term of five years. ## **Section C Objectives and activities** To provide financial support to persons / organisations in cases of need and hardship only within the Parish of Gedney Hill, Lincolnshire. To let and manage land belonging to the Charity. To manage the Charity General Fund and to allocate payments of the income to: 1) 2/20 (10%) to Gedney Hill Primary School to provide the school with special benefits not normally provided by the local Education Authority; **Summary of the objects of the** 2) 2/20 (10%) to Gedney Hill Parish Council towards a **charity set out in its** reduction of the rates payable by the Parish of Gedney Hill; **governing document** 3) 3/20 (15%) to the Parochial Church Council of the Holy Trinity Church, Gedney Hill, towards the cost of the repair of the fabric for the Parish Church and the maintenance of services; 4) 3/20 (15%) to the Lincoln Diocesan Trust and Board of Finance Ltd, as Trustee of the Stipend Fund, for application by them as part of the income of that Charity; 5) 10/20 (50%) for use in relieving generally or individually persons resident in the Parish of Gedney Hill who are in need, hardship or distress by making grants of money or providing or paying for items, services or facilities calculated to reduce their need, hardship or distress. March **2012** **TAR** 2 To provide financial support to persons / organisations in cases of need and hardship only within the Parish of Gedney Hill, Lincolnshire. During 2024 – 2025 the Trustees allocated £450 for both ‘dole / Needy’ payments and for student financial assistance. Payments totalling £12,600 were provided for 26 residents in cases of **Summary of the main activities undertaken for the** hardship (dole payments), 1 student received financial assistance. **public benefit in relation to these objects (include within** To let and manage land belonging to the Charity. **this section the statutory** Land was let and managed generating a rental income of £30,636. **declaration that trustees have had regard to the guidance** To manage the Charity General Fund and payments of the made **issued by the Charity** to: **Commission on public** • Gedney Hill Primary School **benefit)** • Gedney Hill Parish Council • Parochial Church Council of the Holy Trinity Church, Gedney Hill, • Lincoln Diocesan Trust and Board of Finance Ltd • The ‘Needy’ (for use in relieving generally or individually persons resident in the Parish of Gedney Hill who are in need, hardship or distress). During the year 2015-2016 additional land was purchased. This land purchase secured further investment and the subsequent **Additional details of** letting of the land to generate additional income for the Charity. **objectives and activities** ## Section D Achievements and performance The rent reviews carried out for some land has generated **Summary of the main** increased rental incomes, which will be of benefit to the Charity **achievements of the charity during the year** and used to fulfil their objectives. The Capital Fund includes 224.6 acres of land (most having been donated to the Charity); a COIF investment at market value £738.05 (cost £186) and cash on deposit of £24,300 available for the purchase of good quality land. The Improvement Fund has a balance of £23,222 for 2024 – 2025. The Charity is in a secure financial position. March **2012** **TAR** 3 **Section E Financial review** The General Fund did not generate surplus reserves for this year, **Brief statement of the** with an overspend of £363.00. The Trustees carefully monitor the **charity’s policy on reserves** reserves to ensure that funds are available should the need arise for additional requests for financial hardship. **Details of any funds materially in deficit Further financial review** As the rental income from Charity owned land is the main source of **details** income, the Trustees are constantly looking for land in the area available for purchase. The income from the land rental is vital for the Trustees to be able to ensure that the Charity objectives are fulfilled. ## **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)** Peter Bingham **Full name(s)** Peter Geerlings **Position (eg Secretary, Chair,** Chair Vice Chair **etc) Date** 29th September 2025 March **2012** **TAR** 4 ||**Gedney Hill Estate Charity Statement of Accounts for the Year 31.01.2025**|**Gedney Hill Estate Charity Statement of Accounts for the Year 31.01.2025**|**Gedney Hill Estate Charity Statement of Accounts for the Year 31.01.2025**|**Gedney Hill Estate Charity Statement of Accounts for the Year 31.01.2025**|**Gedney Hill Estate Charity Statement of Accounts for the Year 31.01.2025**|| |---|---|---|---|---|---|---| |**INCOME**|||**2024**||**2025**|| |Rents received||||30,457.25||30,636.53| |Wayleave||||159.03||161.85| |Dividends||||21.71||22.01| |Bequest - Mr Jack Taylor||||||5,000.00| |Interest received:||Barclays|183.11||318.31|| |||COIF|34.20||36.25|| |||Lloyds TSB|0.00|217.31|0.00|354.56| |Variation in value of investments||||7.83||88.99| |||||||| |||||**30,863.13**||**36,263.94**| |||||||| |**EXPENDITURE**||||||| |Governance costs:||||||| |Clerks Salary & mileage|||1,342.76||1,360.55|| |Postage, stationery & advertising|||99.61||149.90|| |Rent of Hall|||125.00||125.00|| |Insurance|||285.82||290.70|| |Professional Fees|||0.00||180.00|| |Drainage improvements/maintenance|||0.00|**1,853.19**|14,287.17|**16,393.32**| |||||||| |**NET INCOME**||||**29,009.94**||**19,870.62**| |||||||| |**ALLOCATION OF NET INCOME**||||||| |Capital Fund||||7.83||88.99| |Improvement Fund 15% gross rents|||4,568.59||4,595.48|| |less improvements|||0.00|4,568.59|-14,287.17|-9,691.69| |General fund||||24,433.52||29,473.32| |||||||| |||||**29,009.94**||**19,870.62**| |||||||| |**GENERAL FUND**||||||| |Bequest - Mr Jack Taylor||||||5,000.00| |Fixed benefits:||||24,433.52||24,473.32| |10% Primary School|||-2,443.35||-2,447.33|| |10% Parish Council|||-2,443.35||-2,447.33|| |15% Parish Church|||-3,665.03||-3,671.00|| |15% Lincoln Diocese|||-3,665.03|-12,216.76|-3,671.00|-12,236.66| |||||||| |50% Needy||||12,216.76||12,236.66| |Needy Benefits Paid||||-12,000.00||-12,600.00| |**SURPLUS/(DEFICIT)**|Needy under /(over) spend|||**216.76**||**-363.34**| I confirm that the above accounts agree with the records of account and show a true and fair view of the Gedney Hill Estates Charity as at 31st January 2025 J E Gibbons ACMA CGMA 14[th] September 2025 CHARITY COMMISSION Independent examinerfs report on the accounts Section A Indcpeiident Examiner s Report R•port to th• try•t•MI nwnl>•rn of Gedney Hill Estate Charty On acc¢wnts th• y•Af 31" January 2025 ctr￿rfty no (11 •ry) 212473 8•t out on p•q•8 I r•port to tha tr￿ta0$ on my exaryMnat*?n of the acC￿Tr￿ of the 4bove ¢harty for Ito yur •ndod 31m112025 A6 th• charty's trustees. you we resw>nsibl8 for lh• pr•par81ion ol lh• accounts in •ccord•nc• wth ts r•quir•nwrt• of th• Charths Ad 2011 RMpon•ibilttiM •nd I report in re¥ed of my exanlnallon ol the Tnwf• ¢•ryknd oul undw S•1*1￿ 145 of ts 2011 Ad and wi rAnying wt my examin4lic*n, I hav• folh)w•a ￿1 tho appI￿abl& Dwg(kn¥ by th• Ch8rty C4XYmi88i¢ urth sects￿ 145(5){b) of th• Act. l am walified lo •x4mln•f3 •tst•m•nt uThJwtak• I￿ oxarninatK￿ ty b*"ng a quaIrf￿1 m8mbor of ACMA CGMA. I have comthd my exomlnatlon. I confirm thal no material mattws hav• of Ihe Chwths Art" tho accounts dKI ￿)t a¢¢tyd wilh the axOUntk￿ rI￿d$,, thè accowrts r#)t CC(n￿ with the aFWi¢able reqimrenxnls concwrurvJ th• ft>rm and contfAIt of a¢¢ounts #et oul In the Char￿8 (A¢¢ounts aTrJ R•wts} R•gulation8 2008 0￿r ttkgn any rBqLiThrnnt that the accounts gN• a Iru8 and fairf which li not a matter consMJered as part ol an oX•YMn•tm￿. wrth the examinalion to attention shtyJhJ be drawn in thks rewt In twdbr to •nable a FKoper urKlerStandI￿ of the accounts to be rea¢h•d. Date: M•m•: John Gibbons R•l•v*nt prol•Mional quaUficaW8) or body Ilf afty): ACMA CGMA Addf•M: 17 Hookman DrN•. Spah1W￿. Lincs. PE113HF Oct 2018