## KINGSBRIDGE TOWN LANDS CHARITY
## (KINGSBRIDGE FEOFFEES)
## ANNUAL REPORT FOR THE YEAR TO DECEMBER 31, 2024
The Kingsbridge Town Lands Charity (Kingsbridge Feoffees) is a registered Charity No. 212648. Its address is The Town Hall, Fore Street, Kingsbridge, Devon, TQ7 1HP.
The Charity’s trustees during the year were: Mr John Donovan -Chairman Mr Robert Cattell Mr Anthony Head Mrs Anne Balkwill Ms Beccy Bristow Mrs Julie White Mr Michael Trembath Mr Keith Wingate Mr Graham James
Mr John Donovan remained as Chairman of the Trustees.
Mrs Barbara Ruddock remained as Clerk to the Trustees and Mr Anthony Jenkins as Caretaker.
The Charity’s Solicitors were Windeatts of Kingsbridge & Totnes & Beers of Kingsbridge.
The general purpose of the Charity is to provide relief either generally or to individual. persons resident in the parish of Kingsbridge who are in conditions of need, hardship, or distress, and to apply funds for the public purpose for the benefit of people of Kingsbridge and District. The Charity has twenty-five dwellings which are let out at affordable rents. The Charity also owns the Town Hall & Market Hall, and both properties are rented out to local groups etc. for the purpose of coffee mornings, tabletop sales etc. The Town Hall is also leased to Merlin Cinemas who operate three screens showing films and live events from various venues across the UK.
As both the Market Hall and Town Hall are old buildings there is ongoing maintenance for both properties. Renovations to the iconic Clock Tower and the front of the building commenced during October 2024. An estimation for the cost of repairs is £125,000 – the original figure of £115,000 has increased as additional work has found to be required. The Charity were hoping to raise 50% of the cost from the local business community but this has not been forthcoming. The Charity will, therefore, entirely fund the project.
Mr John Donovan (Chairman) ___________________________________
Date: _____________________________________________________________
Registered Charity number 212648
Kingsbridge Town Lands Charity (Kingsbridge Feoffees) previously known as Kingsbridge Town Lands Poor and Public Purposes Charity
## Report and Unaudited Accounts
31 December 2024
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees' report|2-4|
|Independent Examiners' report|5|
|Statement of Financial Activities|6-7|
|Balance sheet|8|
|Notes to the accounts|9-13|
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Charity Information**
## **Trustees**
R J Cattell A E Balkwill J N Donovan (Chairman) R T Bristow M R Trembath K Wingate J White A C Head G James
## **Reporting accountants**
Morgan Accountants Limited Duke Court Bridge Street Kingsbridge Devon TQ7 1HX
## **Bankers**
HSBC, Kingsbridge, Devon Co-operative Bank, Bristol
## **Solicitors**
Windeatts, Kingsbridge, Devon
## **Registered address**
Kingsbridge Town Hall Fore Street Kingsbridge Devon TQ7 1PP
**Registered charity number** 212648
1
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees)**
## **Annual report for the year to 31 December 2024**
The trustees present their report and the financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's trust deed and applicable law.
The clerk to the charity remained as Mrs B Ruddock.
The charity's solicitors were Windeatts of Kingsbridge and Totnes.
## **Constitution and objects**
The charity is constituted and operates under the provisions of a Scheme of the Charity Commissioners dated 24th October 1997 (the 'Scheme') and is a registered charity, No. 212648.
The registered address is Kingsbridge Town Hall, Fore Street, Kingsbridge, Devon, TQ7 1PP.
In setting the objectives and planning the activities, the Trustees have given consideration to the Charity Commission's general guidance on public benefit.
In general, the objectives of the charity are to provide relief either generally or to individual persons resident in the Parish of Kingsbridge who are in conditions of need, hardship or distress and to apply funds for the public purpose for the benefit of the people of Kingsbridge and district.
## **Trustees**
The Charity's trustees during the year were:
R J Cattell A E Balkwill J N Donovan (Chairman) R T Bristow M R Trembath K Wingate J White A C Head G James
2
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees)**
## **Annual report for the year to 31 December 2024**
## **Review of activities**
The charity's activities revolve around freehold property as follows: -
Properties used in providing public benefit to the people of Kingsbridge and district (historic assets): - Kingsbridge Town Hall, Fore Street, Kingsbridge. Market Hall, Fore Street, Kingsbridge.
These properties are significant, landmark buildings in the town and it is the trustee's intention to retain and preserve them for the long term benefit of the town. The buildings are let to various local organisations, primarily engaged in providing a service to the residents of the town.
Properties used in providing benefit to individuals (functional assets): -
4 and 4a Derby Road, Kingsbridge,
1- 12 Allotment Gardens.
12 to 21 Derby Road, Kingsbridge.
57 Fore Street, Kingsbridge (2 flats)
These properties are used to provide affordable rental housing to residents of Kingsbridge who would otherwise be unable to find affordable housing in the town.
Property used for commercial letting - Merlin and benefit to individuals (investment property): - 57 Fore Street, Kingsbridge.
This property is currently let on a commercial basis to a firm of solicitors. After the property was refurbished in 2012 and 2013, two flats were made available to provide affordable accommodation to residents of Kingsbridge.
## **Application of income**
Under the terms of the charity's Scheme, the income generated by the unrestricted funds of the charity (primarily rental income from the properties noted above) is applied as follows: -
Firstly to the administration of the charity, including the repair and insurance of the properties,
Then to the setting up and maintenance of an 'Extraordinary Repair Fund' for the purpose of providing for the extraordinary repair or rebuilding of the property of the charity,
and finally,
To providing grants, either generally or individually for the relief of those in need for the public benefit of the people of Kingsbridge and district.
## **Donations and grants**
Payments were made to an individual amounting to £125.00 towards living costs.
3
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees)**
## **Annual report for the year to 31 December 2024**
## **Charities Permanent Endowment**
Within the terms of the 24/10/97 governing document of the Trust the following properties are included and were revalued in September 2010.
The Town hall £90,000 (revalued September 2010) The Market hall £120,000 (revalued September 2010) 4 Derby Road £250,000 (revalued September 2010) 1-12 Allotment Gardens £1,950,000 (revalued 2020)
## **AF Wellington & D M Turner dec'd fund**
The charity holds certain investments as a result of a legacy, income of which must be used specifically for the relief and welfare of blind persons.
## **Reserves policy**
It is the policy of the charity to maintain unrestricted funds to provide sufficient funds for the upkeep and maintenance of the properties of the charity and to cover management, administration and support costs and to respond to applications for grants which may arise.
## **Risk management**
The trustees have examined the operational risks which the charity faces and confirm that systems have been established to enable steps to be taken to lessen those risks.
………………..
J N Donovan (Chairman)
Dated ………………..
On behalf of the trustees.
4
**Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Independent Examiners Report**
## **Independent examiners report on the unaudited accounts to the trustees of Kingsbridge Town Lands Charity (Kingsbridge Feoffees)**
We report on the accounts of the charity for the year ended 31 December 2024 which are set out on the following pages.
## **Respective responsibilities of trustees and examiner**
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144(2) of the Charities Act 2011(the 2011 Act) does not apply and that an independent examination is required.
It is our responsibility to:
-examine the accounts under section 145 of the 2011 Act;
-to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
## **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 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 requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
D J Cotton FCA
Duke Court Bridge Street Kingsbridge Devon TQ7 1HX
Dated…………………
5
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Statement of financial activities for the year ended 31 December 2024**
|**Note**
**Unrestricted**
**Funds**
**£**
**Donations, legacies and similar incoming resources**
Contributions to overheads (National Grid)
-
-
**Incoming resources for generating funds**
**in furtherance of the charities objects**
Rents received
Market Hall, Kingsbridge
10
-
Town Hall, Kingsbridge
10
-
Cinema, Kingsbridge
10
-
4 & 4A Derby Road, Kingsbridge
10
-
12 to 21 Derby Road, Kingsbridge
84,048
1 - 12 Allotment Gardens, Kingsbridge
10
-
84,048
**Investment income**
Rent received - 57 Fore Street, Kingsbridge
10
-
Interest received
-
COIF charity deposit fund interest
7,322
Dividend income
-
7,322
**Other income**
Donations towards Town Hall repairs
-
-
**Total incoming resources**
91,370
**Resources expended**
**Charitable expenditure**
Donations and grants
125
125
**Management and administration**
Council tax and water rates
2,218
Electricity, gas and telephone
4,916
Insurance
10
6,042
Wages and National Insurance (Note 2)
40,167
Repairs upkeep of properties & gardens
10
19,331
Architects and planning costs re Town Hall
-
Cleaning materials and supplies
440
57 Fore Street property repairs
10
-
Legal and professional fees - valuation fee
1,800
Legal and professional fees
78
Accountancy and independent examiners fees
1,500
Payroll
297
Postage, printing, stationery and advertising
487
Website costs
120
Bank charges
75
Mortgage interest payable
62,458
Depreciation - fixtures, fittings and equipment
62
Depreciation - buildings and property
33,255
Sundries
97
173,343
**Total resources expended**
173,468
**Net incoming resources before transfers c/fwd**
(82,098)|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
17
865
-
882
3,854
3,854
4,736
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10
-
-
-
-
10
10
4,726|**Permanent**
**Endowment**
**Funds**
**£**
-
-
13,320
420
21,425
14,088
-
88,920
138,173
21,648
-
-
-
21,648
-
-
159,821
-
-
-
-
14,495
-
67,316
17,414
-
1,844
-
-
-
-
-
-
-
-
48,533
-
149,602
149,602
10,219|**Total 2024**
**£**
**-**
**-**
**13,320**
**420**
**21,425**
**14,088**
**84,048**
**88,920**
**222,221**
**21,648**
**17**
**8,187**
**-**
**29,852**
**3,854**
**3,854**
**255,927**
**125**
**125**
**2,218**
**4,916**
**20,537**
**40,167**
**86,647**
**17,414**
**440**
**1,844**
**1,800**
**78**
**1,500**
**297**
**487**
**120**
**85**
**62,458**
**62**
**81,788**
**97**
**322,955**
**323,080**
**(67,153)**|**Total**
**2023**
**£**
**1,000**
**1,000**
**9,435**
**370**
**20,321**
**13,332**
**50,354**
**84,113**
**177,925**
**23,068**
**-**
**8,923**
**1,696**
**33,687**
-
**-**
**212,612**
**1,598**
**1,598**
**1,421**
**3,207**
**16,271**
**31,633**
**24,426**
**-**
**538**
**4,676**
**-**
**1,698**
**1,380**
**276**
**393**
**980**
**187**
**65,173**
**83**
**61,466**
**228**
**214,036**
**215,634**
**(3,022)**|
|---|---|---|---|---|
6
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Statement of financial activities for the year ended 31 December 2024**
|**Note**
**Unrestricted**
**Funds**
**Net incoming resources before transfers b/fwd**
(82,098)
**Gross transfers between funds**
10
58,752
**Net incoming resources before revaluations**
**and investment asset disposal**
(23,346)
**Gains and losses on investment asset disposals**
-
**Unrealised gains on revaluations of**
**investment assets (Note 4)**
-
**Net movement in funds**
(23,346)
**Total funds brought forward 1 January 2024**
902,739
**Total funds carried forward 31 December 2024**
879,393|**Restricted**
**Funds**
4,726
-
4,726
-
-
4,726
17,355
22,081|**Permanent**
**Endowment**
**Funds**
10,219
(58,752)
(48,533)
-
-
(48,533)
2,395,695
2,347,162|**Total 2024**
**(67,153)**
**-**
**(67,153)**
**-**
**-**
**(67,153)**
**3,315,789**
**3,248,636**|**Total**
**2023**
**(3,022)**
**-**
**(3,022)**
**(2,198)**
**-**
**(5,220)**
**3,321,009**
**3,315,789**|
|---|---|---|---|---|
7
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Balance Sheet as at 31 December 2024**
|**Notes**
**Fixed assets**
Tangible assets
3
Investments
4
Cash at bank and in hand
6
**Current assets**
Other debtors
5
Cash at bank and in hand
6
**Creditors: amounts falling due**
**within one year**
7
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
8
**Net assets**
**Funds**
9
**Permanent endowment**
**Permanent endowment -**
**revaluations**
**Restricted endowment**
**Restricted Fund**
AF Wellington & DM Turner dec'd
fund
**Designated Fund**
Extraordinary repair fund
Town hall repair fund
**Unrestricted Fund**
Accumulated fund|**Unrestricted**
**Funds**
**£**
1,448,625
-
-
1,448,625
13,785
152,470
166,255
(27,945)
138,310
1,586,935
(707,542)
879,393
-
-
-
-
-
-
879,393
879,393|**Restricted**
**Funds**
**£**
-
-
13,688
13,688
-
8,393
8,393
-
8,393
22,081
-
22,081
-
-
13,688
2,432
1,627
4,334
-
22,081|**Permanent**
**Endowment**
**Fund**
**£**
1,934,668
412,494
-
2,347,162
-
-
-
-
-
2,347,162
-
2,347,162
567,831
1,779,331
-
-
-
-
-
2,347,162|**Total**
**2024**
**£**
**3,383,293**
**412,494**
**13,688**
**3,809,475**
**13,785**
**160,863**
**174,648**
**(27,945)**
**146,703**
**3,956,178**
**(707,542)**
**3,248,636**
**567,831**
**1,779,331**
**13,688**
**2,432**
**1,627**
**4,334**
**879,393**
**3,248,636**|**Total**
**2023**
**£**
**3,434,028**
**412,494**
**13,688**
**3,860,210**
**13,326**
**206,738**
**220,064**
**(26,401)**
**193,663**
**4,053,873**
**(738,084)**
**3,315,789**
**567,831**
**1,827,864**
**13,688**
**2,120**
**1,547**
**-**
**902,739**
**3,315,789**|
|---|---|---|---|---|---|
Signed and approved on behalf of all the Trustees:
……………….. ……………….. Trustee Trustee
Approved on ………………..
8
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Notes to the Accounts for the year ended 31 December 2024**
## **1 Accounting policies**
## **Accounting convention**
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102) and the Charities Act 2011.
## **Incoming resources**
Donations, legacies, investment income and rental income are all included in the Statement of Financial Activities (SOFA) in the year in which they are receivable.
## **Resources expended**
All expenditure is included on an accrual basis. All costs have been attributed to one of the categories of resources expended in the SOFA.
Grants and donations payable are charged in the year when they become payable.
## **Tangible fixed assets**
Functional fixed assets (those used by the charity in furtherance of its charitable objects) are recorded at cost (or estimated market value on donation) in the balance sheet.
## **Depreciation**
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures, fittings and equipment 25% reducing balance basis Freehold buildings 50 years straight line
## **Investments**
Investments and investment properties are included at open market value and are not depreciated.
The trustees have taken the insured value of the investment property as an approximation of its open market value to avoid the cost of a professional valuation.
Gains and losses on revaluation of investments are shown on the SOFA.
## **Fund accounting**
Details and the nature and purpose of each fund is set out in notes to the accounts.
## **2 Staff costs**
No wages were paid to the charity's trustees during the year.
The total wages and employers national insurance paid in the year was £40167. The average number of employees during the year was 2.
9
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Notes to the Accounts for the year ended 31 December 2024**
## **3 Tangible fixed assets**
|**Freehold**
**12,14,15**
**Derby Road**
**Freehold 16**
**to 20 Derby**
**Road**
**£**
**£**
**Cost**
At 1 January 2024
646,650
984,990
Development costs/Additions
-
31,115
At 31 December 2024
646,650
1,016,105
**Accumulated depreciation**
At 1 January 2024
181,062
-
Charge for the year
12,933
20,322
At 31 December 2024
193,995
20,322
**Net book value**
At 31 December 2024
452,655
995,783
At 31 December 2023
465,588
984,990
**Charities Permanent Endowment**
**Freehold 4**
**Derby Road**
**Freehold The**
**Town Hall**
**Freehold The**
**Market Hall**
**Cost/valuation**
At 1 January 2024
250,000
90,000
120,000
Addition/Revaluation
-
-
-
At 31 December 2024
250,000
90,000
120,000
**Accumulated depreciation**
At 1 January 2024
70,000
25,200
33,600
Charge for the year
5,000
1,800
2,400
At 31 December 2024
75,000
27,000
36,000
**Net book or market value**
At 31 December 2024
175,000
63,000
84,000
**Net book or market value**
At 31 December 2023
180,000
64,800
86,400
Freehold land and buildings:
**2024**
**£**
1-12 Allotment Gardens
Historical cost
660,266
Revaluation increase
1,289,734
Cumulative depreciation based on historical cost
92,435
Cumulative depreciation based on revaluation
244,897
No historical cost information is available for The Town Hall, The Market Hall or 4 Derby Road.
**2024**
**£**
4 Derby Road, Town Hall and Market Hall
Revaluation at 30 September 2010
460,000
Cumulative depreciation based on revaluation
138,000|**Fixtures,**
**fittings and**
**equipment**
**£**
6,087
-
6,087
5,838
62
5,900
187
249
**Freehold**
**1-12**
**Allotment**
**Gardens**
1,950,000
-
1,950,000
297,999
39,333
337,332
1,612,668
1,652,001
**2023**
**£**
660,266
1,289,734
92,435
205,564
**2023**
**£**
460,000
128,800|
|---|---|
10
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Notes to the Accounts for the year ended 31 December 2024**
## **4 Investments**
|**Valuation**
At 1 January 2024
Disposals
At 31 December 2024|**Investment**
**Property**
**57 Fore Street**
**£**
412,494
-
412,494|**Other**
**investments**
**£**
-
-
-|**Total**
**£**
412,494
-
412,494|
|---|---|---|---|
No historical cost information is available on 57 Fore Street. The insured value of the property has been taken as an approximation of it's open market value to avoid the cost of a professional valuation. The investment property forms part of the charity's permanent endowment.
|**5**
**Debtors**
Other debtors
**6**
**Cash at bank and in hand**
Current account - HSBC
Current account - Co-operative
Deposit account - HSBC
Bequest account
COIF Charity Funds
No 1 account
No 2 account
No 3 account
Cash in hand|**2024**
**£**
13,785
**2024**
**£**
50,830
229
4,334
-
101,350
1,627
16,120
61
174,551|**2023**
**£**
13,326
**2023**
**£**
57,708
1,329
-
473
144,028
1,547
15,335
6
220,426|
|---|---|---|
The HSBC deposit account holds cash for the town hall repair fund.
The COIF No 2 account holds cash for the designated Extraordinary Repair fund.
The Bequest account and COIF No 3 account hold cash for the A F Wellington & D M Turner dec'd fund. Included in the COIF No 3 account is an amount of £13,688.57 being part of the charity's restricted endowment fund which must be permanently maintained.
11
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Notes to the Accounts**
**for the year ended 31 December 2024**
|**7**
**Creditors: amounts falling due within one year**
Other creditors and accruals
**8**
**Creditors: amounts falling due after one year**
Co-operative bank mortgage|**2024**
**£**
27,945
**2024**
**£**
707,542|**2023**
**£**
26,401
**2023**
**£**
738,084|
|---|---|---|
## **9 Funds**
Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects.
Restricted funds are funds which have been designated for particular purposes and projects. The A F Wellington & D M Turner dec'd funds are to provide relief and welfare for the blind. The designated repair funds are to be used for any extraordinary repairs of the charity's properties.
The capital of the restricted endowment fund must be permanently maintained. Income from the restricted endowment fund is credited to the AF Wellington & DM Turner dec'd fund and is restricted for use in that fund only, for the welfare of the blind.
The permanent endowment fund consists of the Town Hall, the Market Hall, 4 Derby Road and the properties at Allotment Gardens as shown in note 3. The investment property shown in note 4 at 57 Fore Street also forms part of the permanent endowment. Income generated from the permanent endowment is unrestricted.
|**Restricted A F Wellington & D M Turner dec'd fund**
At 1 January 2024
Interest received
Dividend income
(ceased during year - investments sold)
Transferred towards development works at Derby Road, Kingsbridge.
Transfer to repair fund
Bank charges
At 31 December 2024
**Designated extraordinary repair fund**
At 1 January 2024
Interest received
At 31 December 2024
**Designated town hall repair fund**
Transfer from AF Wellington & DM Turner
Interest received
Donations|**2024**
**£**
2,120
785
-
(463)
(10)
2,432
**2024**
**£**
1,547
80
1,627
**2024**
**£**
463
17
3,854
4,334|**2023**
**£**
10,740
644
1,696
(10,900)
-
(60)
2,120
**2023**
**£**
1,483
64
1,547
**2023**
**£**
**-**
**-**
**-**
-|
|---|---|---|
12
## **Kingsbridge Town Lands Charity (Kingsbridge Feoffees) Notes to the Accounts for the year ended 31 December 2024**
## **10 Outline summary of funds movements**
|Fund balance brought forward
Income
Expenditure
Transfers between funds
Incoming resources transferred to unrestricted fund
Resources expended transferred from unrestricted fund
Investment income transferred to unrestricted fund
Fund balance carried forward|**Unrestricted**
**Funds**
902,739
91,370
(173,468)
138,173
(101,069)
21,648
879,393|**Restricted**
**Funds**
17,355
4,736
(10)
-
-
-
22,081|**Permanent**
**Endowment**
**Fund**
2,395,695
159,821
(149,602)
(138,173)
101,069
(21,648)
-
2,347,162|
|---|---|---|---|
## **11 Related parties**
The Trustees received no remuneration or expenses during the year.
## **12 Controlling party**
The charity is controlled by the Trustees shown on the Trustees report.
13
Kingsbridge Town Lands Charity (Kingsbridge Feoffees)
Independent Examiners Report
Independent examiners report on the unaudited accounts
to the trustees of Kingsbridge Town Lands Charity (Kingsbridge Feoffees)
We report on the accounts of the charity for the year ended 31 December 2024 which are set out
on the following pages.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts" you consider that
the audit requirement of section 144(2) of the Charities Act 2011 (the 2011 Act) does not apply and
that an independent examination is required.
It is our responsibility to:
-examine the accounts under section 145 of the 2011 Act;
-to follow the procedures laid down in the general Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act,. and
to state whether particular matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit, and consequently no opinion as to whether the accounts present a "true and
fair" view and the report is limited to those matters set out in the statement below.
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 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
requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination.
Duke Court
Bridge Street
Kingsbridge
Devon
TQ71HX