TOTTEIUDGE MANOR ASSOCIATION LIMITED
(& comp*ny Ilmlted by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
Charity ReglstrAtion Number: 2212110
Company Reglstration f4umber: 557715

TO￿￿RIDGE MANOR ASSOCIATION LIMITED
(a company limlted by guarantee)
Contents
Page
Legil and Adtnirristrdtive Details
Trustees. Report
Trust¢es' Stat¢ment of Responsibilities
Independ¢Tht Auditors. Report
Ststem¢nt of Financial Activities
Balance Shcet
io
Noi¢8 to the FiuaD¢ial Statements
11- 16

T0￿ElUDGE TrL4NOR ASSOCIATION LIMITED
(a company limited by guarantse)
Notice of ADnu%l GeDeral Mettlng
Notlce Is hereby given tbat the 2023 Annual General Meeting of th¢ above-llamed charitable
company will b¢ l)¢ld &t th¢ Villag¢ H&lL. Bodgtr's Crofu Totterid8e Village. Londnn. N20 on
Thursday 18 July 2024 at 8.00pm for the purpose of transacting the following business.'-
ORDINARY RESOLUTIONS
l. To rec¢ive and adopt the Trustees. Report and Finan¢ial Statem¢nts to 31 Decemb¢r
2023.
2. To r¢-kppoifLt the auditors of the ¢haritable ¢ompany to hold offi¢e from tbe conclwiorL
of the mecting until th¢ conclusion of the next annual gencrdl meeting.
Reglstered Offlee:
The Lodge
79 Northumb¢rland Road
New Barnet
Herts
EN5 LEB
BY ORDER OF THE BOARD
Dated:
Colin Luke
Company Secr¢iary
Note.. 20 May 2024
l A m¢mberentitledio attend andvote ￿ the annual 8eneral tneetiDgmay appoint on¢ or more
proxies to attend and, on A poll, vote in his stead. A proxy need not b¢ a o)ember of the
charitabl¢ Company.
2 To be valid the instrument appointing a PTQXY together with the ￿Wer of attorney or other
authority. if any. under which it 1$ signed or a notarially certified Copy oroffice copy of such
power or authority must b¢ dep051ted at the r¢gAstered office of the ¢baritable company nol
less tIMn 48 hours before the time of the meeting spe¢ified above.
MEMBERS ARE INwfED TO ATTEND THE MEETING TO HEAR ABoiTf THE WORK
OF TorrERJDGE MANOR ASSOCIATION LIMITED, AND TO JofN IN THE tNFORMAL
DISCUSSION AFTERWARDS. REFREsHME￿fs WILL BE SERVED.

TOTTERIDGE MANOR ASSOCIATION LIMITED
(2 compAny Ilmlted by guarantee)
LeEo1 and Adminlstratlve detsils
Trustets, Report for the year ended 31 December 2023
The Trustees of Tott¢ridg¢ Manor Association Ltmited ("th¢ ¢I￿rEtable company") pres¢nt their
Anrtu&l Report, including the audited Financial StatemeDts for th¢ year ended 31 December
2023.
Referenee and Administrative Informatlon
Charity Name:
Totteridge Manor A8S0Ciation Limit¢d**
Charity registralion numb¢r:
221200
Company regi8tratioTh number:
557715
Regi5ter¢d offic¢ and operntional addre&8:
The Lodge. 79 Northumberland Road
New Barnet. Herts. EN5 IEB
Management Cojnmlttee.
Terry Bannister
Ray Ellis
Colin Luke
Andrea Horsfield
Keith Richards
Tim Roberts
Sheil* SpeDsley
Andrew HatTiS
Ri¢hard Corneliu8
Chairnian
Verderer
CouLpany S¢¢retary and TreasuTer
Membership
Wayleaves
Publicity
Membership
Finance committee
PlaDIIi118
* The MAna8etsxent Committee are 0150 th¢ Dir#tor8 •nd Trustee5 of th¢ ¢iwitsble company. Thty ore Jlso ￿1
n)emben of tht CourLciI of Man48eiYLent
** The ¢h4ritsblt compally IB kn) kttowll as TM
Audl¢ors
NA Associates LLP, Chartered Certified Accountants, Woodgate Studios, 2- 8 Games Road,
Cockfo$ters. Hertfordsknir< EN4 9HN.
BAnker8
Barclays Bank Plc, Lei¢¢st¢r. LE87 2BB.
Investment Man*gtr8
Charles st￿¢Y & Co. 25 Luke Street, London EC2A 4AIL
Page I

TOThERIDGE MANOR ASSOCIATION LIMITED
(A eompany limited by guar¥Dtee)
Trustee$? Report for the yev ended 31 December 2023
Nam¢ and Registered Offiee of the ¢harit*ble Company
Thc full name ofthe charitable Gompany isTott¢ridg¢ Manor Association Limited: its registered
offiGG addrc80 is shoNvn OD page l.
Ch#rltsbl¢ cotnp#ny's FlnAnelAI Statements
ID preparing the firLancial 5tatem¢nts for the charitable company, the Tn)stees hav¢ adopted the
provisions of the Statement of Rewmm¢nded Pra¢iice (SORP) "A¢counting and Reporting by
Charitie5" (FRS102) applicable tr* chgriti¢s preparing their finan¢ial ststements in accordance
with the Finan¢ial R¢porting Standard appIl￿bI¢ in th¢ UK and Republic of Ireland publishcd
in Oetob¢r 2019 issued by the Charity Colnmission and the FinaAci&I Reporting Standard
applicabl¢ in the United KingdoTn and Republic of Ireland (FRS 102 Section IA). The financial
3tatem¢Ats comply with the chaTiiable company's governing document, th¢ Memorandum and
Articlcs and the sp¢cial provisions of Part 15 of thc Compaaies Act 2006 relating to small
entities, the Charities Act 2011 and th¢ Charity Commission's publish¢d 8uidanc¢ on th¢ Public
Benefit reporting requir¢ment.
Objectlves ond Constltutlon of the eharlt4ble eomp&ny
The obj¢ctives of the chaTitable company to maiThtain and pr¢serve th¢ cotumon lands
fonnerly held by the Lord of the Monor of Tott¢ridge and the rural amenitiu att¥chiThg thereto
for the benefit of the Ksidents of Totleridg¢ and n¢ighbourin£ districts and visitors.
Revlew of 8ctlvltles
l. The siatemeni of financial activitle5 is set out on page 9.
2. The activities of the charitabl¢ ¢ompany are un¢h¥n8ed sin¢¢ last year, and are principally
the maintenance and conservation of manorial lands owned by the charitable company in
Totteridge attd the pr¢setvation of the amenities of Totteridge. The charitable compauy is
run by the Cowicil of M8nagemen¢which may. from tim¢ to time. appoint a member of the
cbaritLble company to th¢ Council of Management. The Council of Managctnent meets
several times each year to consider ￿￿tter5 arising in relation to achi¢ving the objectives of
th¢ charitsble company.
3. Net income l (expenditure) for thc year amounted to a n¢t deficiency of £1 1.1211 {2022.-
netsurplw £38.J82) before net gains l (losses) on fixed a5sei investments. Expenditure was
clos¢ly monitored throughout the yegr and some substatttiol tmprnvtmcnts projects were
ndertaken. A ￿vieW of the finances of the charitable Company is set out below.
4. Metrhbers contributed a total of £10,654 Q022 . £10.639J. We aim to t¢cover in¢ome tax
on many of th¢ contributions and tha¢ t¢quires the charitsbl¢ company to obtain a gift aid
statement from eacb individual contributor when appropriate to do so.
Wayleave income CODtinues to be 8 most important sour¢e of re¢urring income to the
charhtable company and £l17,308 was received in 2023 (2022 . £134,4J2). Wayleave
income continues to be consid¢red a stsble form of income with a reasonable prospe¢t of
growth in Ojture ye#TS.
Page 2

T0￿ERIDGE MANOR ASSOCIATION LIMITED
(i Company limited by guarantee)
Trustee$. Report for the year eDded 31 December 2023
Income received from the charitable cotnpany's investsn¢nts amounted to £23.071 (2022 .'
£19, 764).
5. Expenditure on maint¢nan¢¢ of the common landq including litter ¢learanc¢ amounted to
£131,053 (2022 . £105.303). The ￿st of maintalnlng our Iwid is GkpcGt¢d to r¢moiti a
significant ov¢rbead in the and as previowly reported the Trustee5 have b¢¢n
working towards a position where our sustainable income match¢s our annual expenditure
and b¢lieve this is near to b¢ing achi¢ved. T(Trtteridge resid¢nts will ¢oDtinue to b¢nefit fr(Trm
the mainteDanc¢ and improvemcnt works that are carri¢d out.
6. The investment in our own mainterLanc¢ building alld equipment several years ago and the
tractor And other equipment more recently coThtinues to achi¢ve a saving in third paty costs
as well as providing flexibility 111 the liming of yound maint¢nance and grass cutting. Our
fixed assets have an ongoing ¢arrying value of £45,732 (2022.. £9,902).
7. In accordarlce with Uniled Kingdom Genernlly A￿epted Aecounting Practice IUKGAAP)
our investments havc been valued #t market value at the balance shcet date resulting in a
suplus of £39.907 (2022 .. deficiency of £117,204). Th¢ original cost of £733,570 (2022 .
£533.570) rcflects art increase in inv¢stsnents from liquid funds.
Funds Structure Pomcy
8. The Ttustees believe that the elwitable company has sufficient r¢serves to meet its needs
effectively. Some of the reserves are designated to enabl¢ specific proj¢¢ts to be la¢kled as
appropriate. Most of these designated r¢serves aros¢ from one-off wayleav¢s grant¢d in
previous years. There is llo restrieiion on th¢ir use. Surplus funds are inv¢sted in income
genernting products as shown iti note 7.
9. The report and financial statements W¢Fe approved by the Council of Management on
Method of Elettlon of Members
10. In accordance with the Articles of Association a Perso￿ being a resident or properry r)wner
of Totteridge or, being a body corporat¢, unincorporE4ted associatioN or parth¢rship having
its maiti seat of business in Totteridg¢, desiring to quwlify and b¢ admitted as a memb¢r of
the chaTitable company m￿St SI￿ a fomi of application for memb¢rship.
The Council of Management may make regulations from time to time for the athni58ion.
resignation and removal of any person. desiring to support the ¢haritable company
'8sso¢iates' who shall not be entitled to vote at general me¢tings of the charitable company
or to attend such meetiDg ￿ of right.
Volunteers
I l. There ￿¢ no unpaid volunteeT5. other than the Council of MaDag¢ment who give th¢ir time
freely unless disclosed othenvise in note 14. The charit#bl¢ company does rtot ¢any out atty
significant fundraising activities.
Page 3

TO￿KRIDGE MATr4OR ASSOCIATION LIMITED
(% company Ilmlted by guaraDtee)
Trustees, Report for the year ended 31 December 2023
DirertorsfTru$tees
12. The TNste¢s (who are ulso th¢ Directors) of the charitable company are listed on page l.
All of whom continue to give their time fr¢ely unl¢ss disclosed othenvise in note 14 and
there are no volunteers otber than Coun¢il of Management members. No single body IL05
greater el￿￿On Powe￿ than another. It is the Council of Management's responsibility to
appoint and train new Trustees.
Trustee$ Interests In Contra¢t8
13. Non¢ of th¢ Tnjstees have a mat¢rial int¢re5t ITh any contract of $ignifi¢ance to which the
charitsble company was a party duTing the financial year.
Investment Pollcy
14. £849,305 (880/0) (2022.. £609.398 (05/00)) of the charitabl¢ company's reserves of £966,980
(2022 .. £938,J94) is held in iThvesim¢nts. The c￿￿¢￿1 policy of th¢ ¢baritsble company is
to bold a significsnt amount of its reseryu in m¢dium and low risk securities to genernte
income and prote¢t capital. These investtnents are held for the lon8 terni.
Pl4n$ for Future Perii>ds
IS. The charitable company will continue to maij)tain and p￿￿etWe its common land in
Totterid¥¥.
Governance Internal CoDtrol
16. The appointmeThts of the Company Secretary ajjd Tre&surer have segregated accounting
duti¢8 wbich providesthe postholders wilh tb¢ scope to del¢8ate Certain tasks which should
allow more time to b¢ spent ott straiegi¢ planning matters.
Auditor5
17. A resolution to F¢-appoint the auditors. NA Associaies LLP. will be proposed at the next
Annual General Meeting.
Rlsk ManagemeDt
18. The Tn￿te¢S continue to ass¢55 the major risks to which the charitable ¢ompaDy is exposed.
The charitable Company has continu¢d to hav¢ nel outgoings or small surpluses in r¢cent
years and the Tntst¢es continue to seek ways to incr¢&qe incom¢ and control expcnditure to
move to an annual breakeven or small surplus position to prevent the reduction in the
¢hantahle company's res¢rves. However. they have not identified any risks which give an
immediat¢ ¢&use for ¢oncern.
Pub]le Beneflt
19. Th¢ Trusl¢¢s are aware of the need to demonstrnte public bellefii and in pl4nning our
activities durin8 the year we hav¢ kept in mind at our meetings the Cllarity Commission
8uidance. The objectives of th¢ charitable company are shown on page 2.
Pag¢ 4

TOTTEIUDGE MANOR ASSOCIATION LIMITED
(I ctsmpany limlted by guArantee)
Trustees? Report for the year ended 31 December 2023
Statement of Trustees? Responsiblllties
Th¢ Trustees (who ar¢ also Director$ of the charitable company for the purposes of company
law) ar¢ responsible for preparing the Ttustees Report and the financial statements in
accordance with applicable law and r¢guiations.
Company law require5 th¢ Trus¢e¢s to p￿pare fittancial siatem¢nts for ¢ath financial year in
¢ordan¢¢ with United Kingdom Generdlly Accepted Accounting Pr8Ctic¢ (United Kingdo
Accounting Standards and applicable law). und￿ company law the Trustees must not approve
the financial statem¢nts unlcss they 8T¢ satisfied that they give a ttue and fair vi¢w of th¢ State
of affasrs of th¢ tharitsble company and of the incoming r¢source5 and application of r¢soUrc￿.
in¢luding the incom¢ and ¢xpenditure. of the ¢haritabl¢ company for that period.
ID pr¢parin8 these financial stat¢ments. the Tntste¢s are required to:
select suitsble accounting polici&s and then apply them consistently.
obs¢rye the methods and principl￿ in tb¢ Chariti¢s SORP 2019 (FRS102)'
make judgments and accounting ¢stimates that are ￿2$Onabl¢ and prud¢nL
stat¢ whether applicable UK A¢¢ounling Standards have been followcd. subject to any
material departures disclosed and explained in th¢ financial $tatemcnts:
pr¢pare the financial 5tatemenls oth the going concern basis unl¢ss it is inappropriate to
presume that the ¢harAtable Company will eontiDue in busin￿.
TheTrusttts are responsible fork¢eping adequate accowitAngrecords that are sufficient to show
and explain th¢ charitabl¢ company's transactions &TLd disclose with reasonable accuracy at any
time tbe financial position of the charitsble company and enable th¢m to ensure that the
financi￿ statements comply with the Compani¢s Act 2006. They are also responsible for
safeguarding the assets of the charitable comp#ny andheD¢¢ for taking reasonable si¢ps for the
pr¢v¢ntion and detection of fraud and other irregularities.
Statement of disclosure of iDform*tion to lludltors
In ac￿rdanCe with company law. and as Tn￿te¢S of Totteridge M&nor Association Limiied at
the date of approval of these financial statements &$ set out on page I, ea¢h confirni that so far
a5 w¢ are awar¢. that..
there is no r¢levaTrt audit infornJatioTh of which the company's auditors are unaware.
we have tsken all th¢ steps that we ougbi to have taken as T￿Stee5 in ord¢r to make
ourselves aware of any relevant audit information and fo establish that the compony's
auditors are awar¢ of that information.
The financial statem¢nts have been prepared ID a¢eordance with special provisions of Part
15 of the Companies A¢t 2￿)6 relating lo small entities.
By ord¢r of the Council of Man38¢ment
CDLuke
Company Secretary
Dated. 20 May 2024
Pa8e 5

TO￿£RIDGE MANOR ASSOCIATION LIMITED
{* company Ilmlted by guar*ntee)
IndepeDdenl Audl¢ors' Report to the Members of Totteridge Manor AssociAtiiJll Llmited
for the year ended 31 De¢embtr 2023
Oplnlon
We have audited the financial statements of Totteridge Manor Associaiion Limited (the
'choritable ¢ompany') for the year eDd¢d 31 D¢cemb¢r 2023 which compris¢ the Stat¢ment of
FInAneX￿ AclivAtip4, the B#lance Sbeet and the related notes numbered I to 14. including
Summary of si8nificant accounting policies. The financi41 ￿pOrting framework that has been
applied in their preparntion is applicable IY4W and Untted Kingdom Accounting Standard5,
xnclu(ling FiD&ncial R¢porting Standard 102 The Finartcial Reporting Siandard applrcuble in
the UK and Republic oflreland (United Kingdom G¢nerally Accepted Accounting Pra¢tice).
In our opinion the financial statements:
give a true and fair view of th¢ state of the chaTltable company's affairs as at 31 December
2023, 8nd of its incoming reSou￿e$ and application of resourc&s, in¢luding its income and
expenditure. for the year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Pra¢tice' and
have been prepared in a￿ordance with the r¢quirements of the Compani¢s Act 2006.
Bajls for opinlon
We coThducted our audit in accordAnce with International Standards on Auditing (UK) (ISAS
(UK)) and 8pplicabl¢ law. Our Tesponsibilities under those standard5 are fi￿l¢r described in
the AuditOT'S responsibilities for the audit of the financial stai¢ments section of our report. We
r¢ independent of the charitable company in accordan¢e with the ethical requiTCTnenis that a¥¢
r¢levattt to our audit of the finan¢ial Statements in th¢ UL including the FRC'S Ethical
Standard, and we hav¢ fillfill¢d our other ethical r￿ponsIbIlItIeS iIi 3c¢ordancc with thcs¢
requirements. We b¢li¢ve that th¢ audit evidence we have obtained is sufficient and appropTiate
to provide a basis for our opinion.
Collcluslons relating to %olng concern
In auditinB the financial slat¢ments, w¢ have concluded the TTusiees' use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on th¢ work we have P￿OrnIed, we have not id¢ntAfJed any matersal uncertatnti¢$
relating to events or conditions that. individually or collectively. may cast significant doubt on
the ¢har&table company's ability to continue as a going concern for a period of at least twelve
months from when th¢ financial statements ar¢ authoris¢d for issue. Our responsibilities and
the responsibilities of the Trustees with respect to going concern are described in the relevant
s¢¢tions of this report.
Otber Informatlon
The Trustecs are respottsible for the otber inforniation. The other infomiation comprises th¢
inforniation included ia the Ttustees report other thanthe financial stat¢ments and our auditor's
Teport ¢h¢reon. Our opinion on the finan¢ial statemerAt$ does noi ¢ov¢r the oth¢r informatio
aThd, except ¢0 th¢ extenl otherwise ¢xplicitly stated in our r¢po¢ we do not express any forni
of assurance cOn¢1￿810n thereon.
In connection with our audit of the financial Statern¢￿ts, OUT r¢sponsibility is to read the other
inforniation and, in doing so. consider whether th¢ other infornjation is materially inconsistent
with the financial slalements or our knowledge obtiiined in the audit or othenvise appears to be
aterially misstated. If we identify such material in¢onsislen¢i¢s or apparent mat¢riaS
Page 6

T0￿ERIDGE MANOR ASSOCIATION LIMITED
(# company limited by guargntee)
Independent Auditors? Report to the Mernbers of Totteridge Manor Ass￿l￿tIon Limlted
for the year ended 31 December 2023
niis8tatements, we are required to detemin¢ wh¢ther there is a material misstatEment in the
financial statements or a material misstatement of the otlLer inforniation. If, based on the work
we have perfornied. w¢ conclude that ther¢ is E4 material misstatement of this other inforniation.
we are require.d tn report that fact. We have nothing lo repor( in this regard.
Oplnions on other matters prejtrlbed by the Comp#nles A¢t 2006
In our opinion, based on th¢ work undertaken ID the course of thc audit..
the infornAtion given in the Trnstee5 report (incorporating the directors. report) for the
financial Ye￿ foi which the financial statements are prepared is cortsistent with the financial
slatements. and
the Trustee5 r¢port has been prepared in ac¢ordan¢¢ with applicable leg81 requir¢tllenl5.
Matters on whlch Ive Are requlred to report by exceptiott
In the light of our knowled8¢ and understanding of the c]witable company and its environment
obtaiTred inthe course of the audit. we hav¢ not identified material misststements in the Trustees
report.
We have nothingto report in respectof the following matters ID relationto which the Companies
Act 2006 requires us to report to you rf. in our opinion..
ad¢quale accounting records have not been k¢p( or r¢turns adequate for our audit knve not
been received from brdnches not visited by us" or
the financial statements #re not in agreem¢nt with the accounting ￿Orth and returns. or
c¢rtain dis¢losur¢s of dircctors. remuneration specified by law are not made: or
we hav¢ not receiv¢d all th¢ infornation and explanations we r¢quir¢ for our 4udi( OT
the Truste¢s were llot entitled to prepare the financial statements in x¢eordan¢¢ with the
small companies. regime and take advantage of the small compani¢s' excmption in
PT¢paring the Tniste¢s report and from the requirement to prepare a strdtcgic report.
R¢sponslblllties of Trustees
As Cxplakned more fully in the Trnslees, responsibilities stat¢ment. the Tn￿t¢e8 (who are also
the directors of the charitable company for the purpos¢s of company law) are r¢sponsibl¢ for
thc prepardtion of the financial 5tatement5 and for being satisfied that they givc a tme and fair
view. and for such int¢rnal control as the T￿￿t¢e$ determine is n¢ces5ary to enable the
prepardtion of fu￿ncl81 statements that are free from material misstatemenl, whether due to
fraud or error.
In preparirLg tbe finoncial 8tatemeThts, the Trustees are responsible for assessing the ¢haritable
¢ompany's ability to continue as a going Conce￿ disclosing, as applicable, matters r¢lated to
going concern and using the going concern basis of accounting unles5 the Trustees either int¢nd
to liquidat¢ the charitable company or to cease operations, or have no realistic alternative but
to do $0.
Auditor's responslbilitles for the audlt of the flnanclal st4tements
Our objectives ar¢ to ob¢ain reasonable assurance about wheth¢r the finaocial 5tstements as a
whole are free from mai¢rial n)isstatemenl, wbether due to fraud or eryor. and to issue an
auditor's report ¢h&t includes our opillion. Reasonable assurance is & high lev¢1 of assurance.
but is not a guarantec ihat an audit colld￿ted in a¢¢ordan¢¢ with ISAS (UK) will always det¢¢t
mai¢rial mi5Statem¢nt wben il ¢xists. Misstatem¢nts can arise fro￿ fraud or error and are
Page 7

TOTTERIDGE MANOR ASSOCIATION LIMITED
{* eomp2Dy Ilmited by guarantee)
Independent Audltors. Report to tILe MembeTS of Totteridge Manor AssociAtion Llmited
for the year ended 31 December 2023
considered material if. individually or in the aggregate. they could reasonably b¢ expert¢d to
influence the economic decisions of users taken on the basis of thase fllthn¢ial 5tatem¢Dts.
Irre￿I￿ritieS. ineluding sre itist?nc.ts t)f non-complionce with laws and regulations. We
desi￿ proc¢dures in line with ow responsibiliti¢s, outlined abov¢. to detect rnat¢rial
misstatements in respect of irreElllaritie5, including fraud. The specific pro¢edures for this
engagement snd the ¢xtent to which these arecapable of detecting irregularities, including fraud
is ddailed below:
Dis¢ussions with management. includin8 con$id¢ration of known or suspected
instaThces of non-compliance with laws and ttgulations and fraud; and
Identifying and testing si8n1f1￿rtt manual journal ¢ntries and reviewing assumptions
and judgetnents mad¢ by management in making significani aecouDtiug estimates.
Be¢ause of the inh¢rent limitstions of ao audit. there is a risk tha( we will not detect all
iTr¢gularities. including those l¢adin8 lo a material misstatement in the fmancial statemenis or
non-complian¢e with regulation. This risk increases the mor¢ that compliance with a law or
re8ulation is removd from the events and transactions refl￿*¢d in the financial 5tat¢ments. as
we will be less likely to become aware of iDStances of non-compliattce. The risk is a150 greater
regarding irregularities occuning thje to fraud rdth¢r than error. as fraud involves intentional
concealmeni forgery. ¢ollusion, omission or misrepresentation.
A furth¢r description of our responsibilities is availabl¢ on the Financial R¢porting Cowieil's
website
at-
https.'Ilwww.frc.org.uklOur-WorklAuditlAudit-alld-assuran¢elStandards-and-
guidance/Stsndards-and-guidance-for-auditors/Auditors-respoDsibilities-for-auditlD¢s¢ription
-of-auditors-r&sponstbiliti¢s-for-audit.aspx. This description forn￿ part of our auditor's T¢POLt
Use of our re￿rt
This report is solely to the charitsbl¢ company's m¢mbets, as a body* in a¢¢ordance with
Chapter 3 of Part 16 of the Compani¢5 Act 2006. Our audit work ]w been undertaken so that
we might state to the charitable comparyy's memb¢rs those matters we are r¢quired to State to
them in an auditor'8 r¢port and for no otherpury)o$e. To th¢ fullest ext¢Dt pern)itted by law, we
do not acc¢pt or assume responsibility to anyone other than the ¢haritable company and the
cbarltsble ¢ompany's mcmbers as a body. for our audit work, for tbis report, or for the opinions
we have forn]e(L
stephen Hunt (Senior siamtory Audltor)
For and on behalf of NA Associates LLP
Chartered C¢rtified Accountants
aud Statutory Auditor5
Wood8ate Studi08. 2- 8 Games Road. Cockfos*rs, Hertfordshire. EN4 9HN
Dated..
Pag¢ 8

TOTTERIDGE MANORA5SOaATION UMrriD
{• eoTrpAlly Ilmiied by %￿r*￿t¢*)
STATEMENT OFFINANCIAL ACTtvrriES
(IncludlrLE summary Jgcomt And Expendiiure Atcounl)
F•r tht year todtd JI D¢tembtr 1023
Unrtttrkted F#lldi
Note
GpD¢ral
2023
Daigrtited Tot•i Fund
2023
2023
Total Funds
2022
INCOME AND ENDOWMEPITS FROM:
Donations and IyÉu- Voluntary In¢ome
10.654
23,071
117,308
10.6S4
23.071
117J08
JO,039
IP,764
J34,412
Othu. Waylcavt* alld r¢nts
TOTAL INCOMK AND ENDOWMErns
151.033
151.033
164.815
EXPENDITURE ON:
Charitabl¢Adivitie4
152278
9,876
1$2.278
9,876
JJ7.843
,790
TOTAL EXPENDITURE
162,154
162,154
126,633
N¢t Illtomt I ItxpeDdiiiJr¢) befort O¢t galni I
(kJ15es) on InYutmeDts
38.182
39507
39.907
(117.204)
Nti In￿rne I lexpeThdltUTe) before tran5f£r*
28,786
28.786
(79.012J
TraDyf¢ts bet￿￿ futtth
F4et I ItxpeDdilur¢l beforo otbtr
reco%nlR¢d gal￿ l (loiw)
28.786
28.786
9,022)
14ETMOVEbiEKf IN FUNDS
2&786
28,786
(79.022)
RECONCJLIATION OF FUNDS:
TOTAL FUNDSBROUGHTFORWARD
548952
389,242
938.194
1.017.216
TOTAL FtJNDS CkRRIED FORWAKD
577.738
389242
966,980
5138.JP4
All of th¢ ath)ve t¢5ultsartdrrivoJ from ¢ontynuing a¢tiVLtie& All gain$ and losses r￿08￿14¢d in theyctr*re in¢luded abov¢.
There WBS no nh)vement in the d¢sipateA orT¢StriCttd funds 2022 or 2023.
P￿¢9

TOThERIDGE MANOR A&gociATION LIMITED
(• eompany limited by gujrgnteel
BALANCE SHEET
As gt 31 December 2023
Company number 00557715
2023
2022
FIXED ASSETS
TaThgibl¢ assets
Jnvestments
45,732
849,305
895,037
9,902
609,398
6J9,300
CURRENT ASSETS
Debtors
Bank and other deposits
3.258
137,078
140,336
42.S)53
340,060
389,OJ3
CREDATORS: amounts falling due
wlthln one year
(68,393
NET CURRENT ASSETS
71,943
318,894
TOTAL ASSETS LESS CURREKf LIABIUTIES
966.980
938.194
FUNDS:
Unre5tr1¢ted funds
Designated fvnds
Gener41 funds
10
10
389.242
577,738
389,242
548,952
TOTAL FUNDS
966,980
938,194
The fmancial statements have been prepared in accordance with the sp￿la1 provisions relating io cornpanies
subj¢ct to th¢ small cotnpani¢s re8imc withitt Part 15 of the Compan5e5 Act 2006.
Approved and authorised ftjr issue by thr Bvaid vfTiust¢¢s arjd si6n¢d on its b¢]Lalf by
Chaimwi
Terry BaDnist¢r
Company Secretary
Colin D Luke FCA
Dated..
PA8¢ 10

TorrERIDGE MANOR A&8OCIATION LIMJTED
{* comp**y limlttd by
NOTES TO THE FINANCIAL sfATEMENrs
For the ye*r ended 31 D¢cemb¢r 2023
I ACCOUNllNG POLICIL8
Totterid8e Manor Associatiojk Limited is tt c]J8ritable cowpuny limitcd by BU￿Antee incorporated in
En8land, Unit¢dKingdom. The place ofbusincss is the Re￿$[e[¢d Offi¢¢.
The charitable Company wnsiitutrs a public benefit eniity as defm¢d by FRS 102. The fiThanci85
Sla￿￿￿￿(& huvr iK¢ii piGpar¢d in ttC¢OTdon<È with Aeeoutttin8 Attd Re.￿rtIng by Charilics.. s￿leMent ol
Recommended Pr8CtiC¢ 2pplicabl¢ to ¢I￿ltieS preparin8 their aeeounts ￿ a¢cordallCC the FinancLa]
Reportlng Standard applitable in th¢ UK and Republi¢ of Ireland (FRS 1021 issued in October 2019, the
Financial ReportiU8 S¢and&rd appliGablc in the United Kin8dotn attd Republic of Treland (FRS 102k the
Chtiriti¢8 Act 2011, th¢ Companics Act 2006 and UK Generally Acc¢ptthl Accountin8 PTa¢ticc.
Th¢ Charity does nol include a ¢Ash flow 511tetnent on the 8Tounds that it is apptyin8 FRS 102 Secti¢)n
IA.
The finattcial ststemellts or¢ prepar¢d on * goin8 coneern basis UDder th¢ historical ¢o$t cotLv¢ntion.
m(dified to intlllde certaiti items &t fair value. The flnancial 5tatem¢nts arc pre$ented in sterliDg which is
the fvnctionAI ¢urren¢y of the charity and rounded to the nea￿5¢ Pound (£). Th¢y preseni the fill4￿181
posiiion of ¢h¢ ¢baritsbl¢ conwally alone os ther¢ 15 no ￿Ollp.
The fitt8n¢ial sta*ments have been prepTed OA a goin8 COTJc¢m basis. Th¢ th￿1￿ble eompany has
8tron8 balance sheet wd Working ca
ital and th¢refore in the opinion of the TTUStee5. the ¢ompany is Able
to pay its d¢bt8 as and when they faifduc for the forcsee&ble fvture.
The 5igThificAnt acctsuntit)8
bejow. These poii¢i¢s have
oli¢ie$ applied in the pr¢p8ration of these financi81 stAtement8 gre set oui
n ¢onsJ5tCDtly 8ppliedtO 811 yeats pr¢s¢JiteduDless otherwis¢ Stated.
In¢omlng re50ur¢e$
All incom¢ is T￿0￿)￿￿ed in thc Ststement of Finallcial Adivitics wh¢D the cothditions for receipt have
been met and th¢re 15 rewnable assurance of receipt. Where a ¢laim for r¢paymeTht of lllcome T8x h&$
or will be mAde, such income is 8Tossed up for the tax r¢covcrable its the period in which the donatiOIIS
ar¢ received The follomryng other aecountingpolici¢s 4r¢ applied ¢0 income..
DonAtiONS wAylet7V
Income from donations and wayle8ve4 iticlud¢d in the accounts when the TNs¢ees ¢ODsider the
income to be Certain. entitl¢m¢nt has p#ss¢d to thc Charitable eornpany and thc amouni may be accurately
measur¢d, exc¢pt for amounts specified &% beingp8id in advancé which are in¢luded under creditors.
In¢ereJl r¢¢¢ivableAN4JnvestsM¢nl wneome
Intere5¢ rccrivable and investh)cnt income is ¢alculated on ao 8CCTuals bASiS.
Tax#tlo
Th¢ ¢h•ritable comphny i¥ a rewtwed charity wnd does noi trade for rax purp)s¢$. It is not ]iable to
corpDrntion tsx OD its net ]nComU￿ resources. Tax re¢ovetable ¢)n yft aid declarntsoJJs Is includ¢d in the
balance $beet under sundry debtors.
Futhd A¢¢ountlnz
The charitablc ¢otnpatty maintsiijs various types of a8 follows:.
Resthc¢edFtsnds
Rr)tsiCt¢d fund3 r¢prtS¢Dt srants,donatitrtta lesthaiag ttceiv¢d whioh are alloc*ted by the dOI￿r for
specific purposes. The charitsbl¢ Company th)¢5 ￿>t curretttly havc any ffstricted funds.
P￿tIl

TOTfERIDGE MANOR ASSOCIATION LkMrrED
(A COttLP4Dy Ilmlted by g￿*T*￿tte)
NOTES TO THE FINANCIAL sfATEMENTS
For the y¢ar ended 31 Decernber 2023
ACCOUNTING POLICJES (¢ondDued)
Unr¢stricledfsutds
Lwgt. non [￿V￿lUg waylehve Te¢¢ipts arising in any otse ycar are shovrn as ¢xceptional items
iTh th¢ income and expendi￿re account alld transferred to the Designated reserve. Trdnsfers
froD] the Designated rwrve are at the di$creTioll of thr Matwg¢n)cnt CoJk)mitt*e and there gre
no re5tti¢tions on their usc. Thc Management Committee principally use thc reserve for the
fvndin8 of non r¢¢urring or ex¢eptiono1 exp¢nditure by the chariuble company. In odditioo,
the reserve may bc us¢d for fi￿ding any Jnnual deficit . Gen¢Tal wyestti¢ted represent
Unrestrict￿ income whi¢h 15 expendabl¢ at the di5CTction of thc TNst¢¢$ IN th¢ fiLrth¢rartce of
the obj¢¢ts of the chari¢&bl¢ company. Such furtds moy be beld in order to fiDance both
workin8 capital and ￿Pital inv&8tment.
Charltabl¢ exptndlture
Charitable expenditure is accounted for on an Hc¢rual b•sis and ¢omprises thL>se c05t5 incurred
by thc ¢harithbl¢ cornpatty in the delivery of its activities aud scrvi¢es for its benefi¢iari¢s. It
includcs both costs that ¢an b¢ 8llocat¢d direoly to $u¢h H¢tivitle5 tho$e costs of an
indirectnaiurt necessary to 5UPPOrt them.
Governgnce ¢o$ts
Governanc¢ ¢0sts include those costs 8350ciatcd with meeting the wnstitutional and stANtory
requircm¢nts of th¢ Charitable wmpaThy and include the audit f¢es and ¢osts linked to the
stt¢te8ie tMtiagcTn¢nt of th¢ chari¢&bl¢ W[￿0￿y.
Tan2lbl¢ fixed •$$et$
Fn addition to assets showtt in th¢ bAla￿t sheet, the chxritable company owns common land$,
which it a¢quir¢d for nil ¢onsider8tion. itt the Manor of Totteridge. The TNsie¢s do not int¢nd
to va]u¢ this Hss¢t in th¢ accounts ￿ they are not required to under UK Generally Acc¢pted
Accounting Practi¢¢.
The thritablc company cot)tinues to hold inve5tm¢nts in medium to low risk inv¢stmeDts,
whhch are b¢ld as Fixed As8¢ts a5 the Trustrt$ considers thes¢ investtnents ar¢ held for the
10tt8 terni. The iAv&8lTn¢llrs are adjustd to ttJid- m￿ket value at the yeat end and th¢ 8ain or
loss t8ken to the Ststcrnent of Financial A¢tivitLeS.
Sh•re ¢apit41
The charitable company has llo Sh￿ capital and i5 limited by 8wrant¢e. Th¢ membets of the
tharitable compdny are as cxplaxncd ott poge 3. It) the eveni of the charitsblt company being
wound up, the liability in respe¢i of the gu8ran¢¢¢ is limited to £1 per rncmb¢r of the ¢haritsbl¢
company.
Depreclatio
Tangible fjxed ass¢ts are sthted ¥4t ¢ost Ic5s d¢prcciation. Depreciation is providcd at r)t¢s
ealculated io write nff the cost of fixed assets. less th¢ir e5timAted residual value, over th¢ir
¢xpect¢d useful liv￿ on the followin8 b￿S..
Plant 8nd rna¢hillery- SYo- 10/4 $ttaighi litte
Maiiit¢narkce builditX8- 100/0 styaight line
Debtors atsd credltors
Debtors 8Dd creditors with no stat¢d it)it￿$t rate and re¢eivabl¢ or payable within onc y¢gr Are
recorded at trAnsacti¢)n price.
Pa8¢ 12

TorrERtDGE MANORASSOCL4TION LIMITED
(* ¢ompany limited by gu%r*ntee)
NOTES TO THE F￿ANCIAL STATEMEf4TS
For the yeir ended 31 De¢emb¢r 2023
2 SUMMARY OF INCOME AND EXPENDITURE
2023
2022
104,815
{126.633)
38.152
In¢ome
Expaiture
Sutplus l (dcficit) oll ordinary activities before gain$ l (losses)
151.033
(162.1541
(11,121)
{L0s8¢5) I gains
N¢t incoming l (outgoing) resources
39,907
28,786
(117,204)
(79,022)
3 INCOMING RESOURCES FROM GENEBATED FUNDS
Unr¢strl¢trd (￿ndS
GeDerAI
2023
Desl¥n4t¢d
2023
Total Funds
2023
Tot*1 Fund5
2022
Voluntary Income
DonatiOIiS
10.654
10.654
10.639
Investrnent Income
Incort￿ investments
Interest receivable
21.539
1,532
21,539
1,532
29,522
242
23.071
23,071
15),764
4 CHARrrABLE ACTIVITIFS
UDr¢strlcted f￿ndS
Genernl
Designated
2023
2023
Total
2023
Total
2022
Maintert8Dce of Colun￿ll land
Litter cltaran¢¢
Deprcciliion
Suppon cost
1£8al and profe5sion21 fees
Insurance
104.34l
26.712
3J85
4,960
7,453
3.727
1,500
152,278
104,341
26,712
J.585
4.960
7,453
3.727
1,500
152,278
78.590
20.712
5,062
-4.795
10,174
1,50
lJ7.843
Page 13

TOTTERIDGE MANOR ASSOCIATION LIMITED
(* ¢omp*TLy Ilrnited by 8uArAnt¢¢}
NOTES TO THE FINANCIAL STATEMENTS
For the ye*r ended 31 December 2023
S GOVERNANCK COST
Unrestrkted
Fund5
2023
Total
2023
Tot21
2022
Audit f¢e
Company s￿re￿rIal
4,620
5,256
4,620
5,256
4.410
4,380
9,876
9.876
8. 790
6 TAflGIBLE FIXED ASSETS
Plant And
mA£hittery
M*irttenY4nce
Building
Tot81
Co$1
l January 2023
Additions
31 December 2023
30.267
39,415
69,682
27,265
57,532
39,415
96.947
27.265
Depreciation
l January 2023
Charge for the ye
31 December 2023
20.366
3,585
23,951
27,264
47.630
3,585
51.215
27,264
Net Book Volu¢ 31 De¢¢niber 2023
45.731
45,732
Net Book Value 31 December 2022
$7.90J
9,902
7 INVESTMENTS HELD AS FIXED Ass￿r$ FOR USE BY THE CHARITY
At31
Deeember
2023
At l J*tsu4ry
2023
Addltlons 1
{disposils)
Market V91ue
Galllno$$
Pref¢ren¢¢ shares
UK Equity investments
Investment trusts
Other rnarkets
Discr¢tionary Mallagem¢nt Portfolio
Totsl Funds
98,984
61,950
2S2,405
196,059
(98.984)
161.950)
(252.405)
(196,059)
809,398
200,1)00
39,907
39,907
849,305
849,305
609.398
The historical Cost of the investrnents is £733.570 (2022.. £533,570)-
All illvestmettts are h¢ld to provide a rettun.
P8Ae 14

TorrERIDGE MANOR ASSOCtATION LNrrED
(a ¢omp*tty limltsd by gu•rnDtet)
NOTES TO THE FINANCIAL STATEMENts
For the y¢xr tndtd 31 December 2023
2022
DEBTORS
2023
Other debtors
Pttpaym¢nts
1,500
1.758
3.258
41,641
1.312
42,953
All amoun¢s fall du¢ within one yeAr.
9 CREDITORS: AMOUiYT FALLING DUE WITHIN ONE YEAR
AG¢ruais
Deferred itlcomc
27,583
41,210
68,393
31,37J
38,748
70.119
10 MOVEMENT IF4 FUNDS
All
Jatsuary
2023
At31
D¢¢ember
2023
Income
Expendlture
(lo$$u)
Transfers
De5ignited
General
389242
548,952
389.242
577,738
151.033
(I62.154)
39,907
Total unrestricted fimds
938,194
39,907
966,980
No transfer from the Designated Reserv¢ has been made by th¢ Trustees to the g¢Deral fund as the￿ is
svtTicient surplys arising fiom thi5 and pmiou8 yean.
JI ANALYSIS OF ASSETS AIYD LIABILrrIES BETWEEN FUNDS
Ullrestrl¢t¢d funds
GeD¢r*l
Designxted
2023
2023
Tot
Funds
2023
Total
Futtds
2022
riJE¢d AS¥¢ts:
Plant and m8¢hinery
Inv¢stm¢nts
Current wss¢ts.'
Debto
CL8h at bank And ID hand
Cwr¢nt liabi15tie$
45.732
343.510
45.732
849,305
9.902
009,398
505,795
3.258
137,078
(68.3931
3.258
137,078
(68,393)
42.953
346.060
(70,119)
577.738
389242
966,980
938.J94
Pa8¢ 15

TorrERIDGE MANOR ASSOCIATION LIMITED
{* ¢ompany Ilmlted by guArantte)
NOTES TO THE FINANCIAL STATEMENTS
For tbe ye8r ended 31 December 2023
12 DIRECTORS, REMUNEBATION
Th¢ di[￿t0[3 I¢￿1Yrd tso r¢mutt•r#iion for their serviceR tn the chdrithble company and
w¢te not reitubursed for any expenses dur]ng the year apart frorn the disclosure
note 14.
13 STAFF COSTS
Th¢ charitsble cojnpany does not havc atty ¢mploye¢s arld do¢s noi therefore, incur the related
ex￿￿Se$.
14 RELATED PARTY TRANSACTIOIYS
Colin Luke. th¢ ¢ompany $eeretary. was poid for his company secrethrial worL
trwurer fun¢tion BDd accounts preparation servic¢$ during the year. through
Colin D Luke aud Co as follows..
2023
2022
Cornpany secretorial and treasurcr function5
Accounts preparation services
VAT
4,380
2.400
1,356
8,136
3.650
2.400
1.210
7,260
A connected party to Colin Luke rec¢iv¢d book-keeping ftts of £l.500 (2022.. £1.500).
Page 16