## **GARSTANG TOWN TRUST ANNUAL GENERAL MEETING          MAY 2021** 

Good evening fellow Trustees and this evening because of the strange goings on for the past 15 months there will be a “double” report covering 2019/20 and also 2020/21……I hear you groan!. 

## **Firstly 2019/20** 

During the year the North Shop and also a stall in the Market Hall changed with David Brewin trading as Sweets taking the stall in the Market Hall together with a storage unit at the rear; Val Clifford taking over the tenancy of the North Shop, selling Frenchic paints and restoration furniture/furnishings items. 

Discussions with Cobblers re taking on a unit in the slaughterhouse eventually came to nothing. 

The painting of the Hall, Stairs and landing of the Town Hall was completed making the area including the fitting of the “landing” far more appealing. Regular maintenance works were carried out on the various properties, as one would expect for buildings of this age. 

The Trust undertook a H&S review and protocols are now in place so that the Superintendent does not put herself “at risk” with any jobs she undertakes on behalf of the Trust. 

Some of the trustees undertook a “crash course” on running the Market Day, as an emergency should the Superintendent be unable to undertake her duties on the day. 

The outdoor market, obviously weather dependent, was steady during the year in a national market that statistically appears to be reducing. The indoor market appeared to be busier following the establishment of the butchers and the introduction of a sweet shop. 

In March 2020 the “norm” ceased to exist due to the Covid Pandemic starting on March, and since then Trustee meetings have not taken place; however threemonthly reports have been forwarded to all Trustees for information and comment. 

At the end of 2019 we saw the retirement of Eddie Livesey who had been a Trustee for 46 years and a well-known Garstang “character”.  Due to Eddie’s ill health at the beginning of 2020 and the commencement of the Covid restrictions we were unable to make a presentation to him, however we were able to thank Eddie for his many years of service to the Trust and Town and wished him well. It was arranged that his Daughter, Julie would make the presentation of a cut glass vase to Eddie on his doorstep! 

A big thank you to Kate for her work during the year, some of which we only hear about by accident! 



## **2020/2021** 

During the year because of the Covid implications, his age and general health conditions Bill Chippendale, former market superintendent, stepped down as Kate’s “assistant” on Market days.  Bill was thanked for his years of support and we wished him well for the future. 

Also this year we have been unable to undertake meetings and quarterly reports have been provided. It has been a difficult time and a bit of a balancing act with both, the irregular and reduced level of income during the year for the Trust. This was however eased by a grant under the Covid business support provision. 

The Arts Centre, the British Legion and both the North and South Shops have had extensive periods of closure under Covid, with the Arts Centre and Legion still not re-opened, however they will be hoping to do so with the next stage of relaxation of the Covid restrictions. 

The Market Hall shops have remained open during the year, as they have been seen as essential, providing food. The outdoor market has been difficult for the stallholders, having gone into lockdown in March, re-opening in July, closing again for a further 5 weeks November to December, and a further 15 weeks from Christmas week, with everyone having to be conscious of social distancing and other Covid restrictions. The issues with the outdoor market were felt to be eased by the introduction of the agreed Market day road closure allowing the stalls to spread a little and keeping traffic to a minimum during the 9am-4pm period. Could I thank the Trustees (and also the non-trustees) who manned the barricades each Thursday together with setting them up and taking down each week. 

Various general maintenance, as you would expect with older buildings, has had to be maintained, with the major works this year having been the repair of the rear wall of the Market House both internally and externally, together with the outside painting of the rear and south side of the Town Hall. In addition, sky lights at the Arts Centre and a window at the Town Hall have had to be replaced. 

The Trust has continued to support the Christmas Lights with additional funds of £1,000.00 provided as it has not been possible for the Lights group to raise funds in the normal way during the restrictions. 

All in all a testing twelve months and I feel that I and the trustees should especially thank Kate for the effort over and above the “norm” this year. Can I say the year has been both enjoyable and eventful and can I wish Tom every success in the coming year, which I hope will see a return to the “norm.” 

Thanks 



Gordon Harter
Chairman Garstang Town Trust

REGISTERED CHARITY NUMBER.. 226449
Report ofthe Trnstsas and
Flnanclal Slatsm￿tr
forthe Year End￿ 31 M*reh 2021
lor
Garjtsng Town Tntyt
To**rs + (￿m8[1 Ltd
Chartered Cerffied Accxjuntartts
Riverview
96 High Street
G8¥slan9
Preston
Lancashi
PR3 1WZ

Garstsng Town Trust
Contents of th& Financial Statements
for the Year Ended 31 March 2021
Page
Report ofth• Trustses
1 to 2
Indo￿ndent Ex￿￿￿￿e¢l Report
Statomgntof Flnanclal Aetlvrlies
Balance Shee¢
Not•$ tts th• Financial Stal•m0nts
tsllfrd Stst•h*nt of Financlal Acllvftlgs
10

Garstang Town Trust
Roport of the Trustees
for the Year Ended 31 March 2021
The tru8te&s present theii report with the financial statements of the Chanty for tIE year ended 31 Marth 2021. The
Irustees have 8dopted Ihe provisions of Accounting and ReportiwJ by Charit￿$.. Statefflent ol Recommended PtAGlice
applicable to charities p￿paNn9 their accounts in accordanEe wth the Financial Reporting StarKJard appliCa￿e iD&p UK
and Republic of Ird8ThJ IFRS 1021 leftective 1 January 2019}.
OBJECTIVES AND ACTIVITIES
Objectives and alrn$
Establishing and maintsining various buiklings for the use of Ihe inhabrtants of G8Trtang and fo¥ any othgr charitable
puypose forlhe géne￿ benefrt of the inh8bitants of Garstang that the truslee$ th￿k fit.
ACHIEVEMENT AND PERFORMANCE
Charltable actrvities
The Trust has continued to $u)port the Christmas Lvjhts wth addIt￿n81 furKls of £1,00) pmided. It has aol b8•n
possible forthe Chrntm88 Lights group to raise funds in the nomial way due to COVKI.
Fundralstng 8etlvltle8
The Arts Centre, The Britith Legion and both the North and South Shops have had frxt9ns1￿ periods of c4osure (Jue to
Covid.It ￿ hopeful that they wll all rg-open when the next stwJe of relaxation measures Is ￿p￿rnertted.
FINANCIAL RFIIEW
Flnanclal po$Mton
The ma￿et Hall slKJf6 have remained open 38 they have boen da5sed as essential, due to them prothdlng food.
Howtrver, the outdoor marf(et has been Sev?￿lY gffected by the varfous Covid m88sures durirvJ perioJ.The ￿tuatIOn
wa¥ eased by the closNig of the road on Market days. which enabkd the stall holder5 to spre8d ￿t.
In thè opinion ol the Trustees, th8 chaity has p&rfomvl lo a satisfactory kvel. There was a surplus mxdÈ of £7.070
compared to a defi(at of £9.055 in 2020. This sutplus will help bu1￿ up reserves. It must be ￿Member￿1 that Covhl h8d
signi￿ant impact on all thuse busine55es that occupy the premises under the control of the Trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govoming docurneTrt
The charty Cont￿lled by its goveming documen( a deed of trust and constitutes an unincorporated charity.
Garstang Tow) Trust Ofg wponsible for running marf(ei and upkeep ol several liste(I buikJir¥Js in Ga￿ang after
ich surplus money rnay te given in grants to IoGqI groups to hdp trEm wrth their proje¢ts. A free charity stall Is
provthd IApril to October) outside the Market House lor the use Df bcal otganizath"onslgNwp5 W5hirYJ to rarde lunds.
This can be bo¢Jked via the Market Superintendent
REFERENCE AND ADMINISTRATIVE DETAILS
R¢gl$tergd Charfty numbor
225449
Prlnc*al addre85
Town Hall
MarfKet Pla
Garstsng
Prest
Lan￿Shire
PR3 1ZA
Tmst••¥
Mr G Harter
Mr T Ibison
Mrs S D Perf(1
Mr M G Halford
Mrs JA Nirknon
Lady DM Atkin8
Mr DT Carr
DECEASED Idece8sed 22.12.20211
Mr D Fl Lewis
Mrs E N PeAr3on
Page 1

Garstang Town Trust
Report of the Trustees
for the Year Ended 31 Alarch 2021
REFERENCE AND ADIAINISTIIATWE DETAILS
Indep8ndont Examln•r
Mr MR Gornall
ACCA
+ Gomall Ltd
Chartered Certified Aceountants
Fl"ver ￿￿W
96 High Street
G8rytang
Preston
Lancashire
PR3 1WZ
Approvèd by ordèr of the board of trusts8$ on 10 Octobèr2022 and s¥Jn8d on its b¢half by..
. Tntstee
Page 2

Independent Examine￿$ Report to the Trustees of
Garstsng TO1￿ Trust
Indapend•ntexamln•f• reportto the trust0￿ of Oatstang Town Trn•t
l ￿port to tha thaiily trustees on my examlnabon of the ac¢ounts of Gorstang Trust Ilhe Trust) for the year ended
31 March 2021.
RespO￿lbIlitieS and basls of r•port
As the Charity tnJ81ees of the Trust you are responsible for the prePara￿On of the ac£#)unts in aCc¥)rdaTr￿ ¥￿th the
requiroments ofthè Charities Act 2011 ftheArtI.
I report in respect of my examination ol the Trusfs accounts carried out under section 145 01 thè Act and In carrying out
y examination I have followed all applicab￿ Dirpctions given by the Chartty CThnmission under $8Ction 145lSllbl of the
Independent examln•V# slatemont
I have wmpleted rny exsmination. I wnfirm that no rnaterial rnatter¥ have come to my attanttoTr in conne¢tkn wlh the
•xamination gwlng m8 cause to bditrva that in any material re5ped.
acwunting re￿r￿S not kapt ITr respect oflhe Trust as wuired by section 130 ofthe Aci. or
tha accounts do not 8Ctovd wrth those r￿[rJ5., or
the accounts clo rTOt comply wtth the applicable r8quirements concemiro the fom and content of account8 set out
in th8 Charits"es (Atxounts and Reports) ReguL3tlon$ 2008 oth&r than any requirement that tho a￿OuntS giv
true and fair vlewwhleh is not a mattercon$¥Jèred as part olan independent examination.
I have no c4neoms and have across no other matters in connection with the examination to vthlcl) attention 6houkY
te drawn in thkl re￿rt in order to enab￿ a proFer un(Jerstanding of the accounts to be ￿chÈd.
Mr MR Gomall
ACCA
Towers + Gomall Ltd
Chartered Certified Accountants
Rwer V*w
96 Hlgh Street
Garstang
Preston
Lancashire
PR3 1WZ
10 October 2022
Pa￿3

Garstang Town Trust
Stslernent of Flnanclal Actlvities
for the Year Ended 31 March 2021
2021
Unrestri¢Aed
fvjnd
2020
Total
funds
Notes
kYCOME AND ENDOWMENTS FROM
Other tradirvj actNitres
InveSth￿Trt income
48,762
10
49,550
60
Totsl
48,772
EXPEIIDrruRE ON
RaisiNJ funds
21.331
35,650
Other
20,371
8,015
Total
NET INCCAIEIIEXPENDITURei
7,070
19.0551
RECONCILLITION OF FUNDS
Total fundj brought forwartl
1,312,276
1.321,331
TOTAL FUNDS CARRIED FORWARD
1.312276
Thè notss fo￿ part of these financial staten￿nIS
Pag& 4

Garstang Town Trust
Balance Sheet
31 March 2021
2021
Unrestricted
fund
2020
Totgl
n(Js
FIXED ASSETS
Tangib￿ as¥ets
Notes
1.280,619
1.280,619
CURREKf ASSETS
Cash at bank
39.601
31,657
CREDITORS
Amounts falling due Mthin ot* year
18741
NET CUIIRENT ASSETS
TOTAL A88Efs LESS cuRREP￿ LIABILITIES
1,319,346
1,312276
NET AssErs
1319.346
1312276
FUNDS
Unrestricbl lunds
1312276
TOTAL FUNDS
1319348
1.312276
The finan￿al statements ￿re apwoved by the Board ofTruSt￿ aThJ authorised for Bsue on 10 Octobor2022 And were
syned on ts tehgffby.
The notes fomi part of these f￿0￿¢181 state￿ents
Page 5

Gar8tang Town Trust
Note5 to the Flnancial Ststements
for the Year Ended 31 March 2021
ACCOUNTING POLICIES
Bas18 c•f preparfng the fina￿la1 stat•m•nt8
The financial statsrnenls of the charty, ￿1¢h is a public benefrt enlty under FRS 102, have been prepared in
accord8ru vAth th8 Charitps SORP IFRS 1021 'A¢ciyJnting and Reporting ty charit￿$.. Statement ol
Recornrnended Practice applKable to chant￿S prepariro their accounts in auordarKe writh the Fiiancial
Reporting Standard applicabl& in the UK and Republic of Ireland {FRS 1021 leffectrye 1 January 20191,, Financial
ReportiTrJ Standard 102 The Flnancial Reporting Slandgrd applicable in UK Republt of Ireland. an(J Ihe
Charftiè3 Act 201 q The fin8n(ial $tatemonts have been prepored under the historical ¢05t convention.
Incom•
l Ir￿4Xne is recognised in the Staternent of Financial Activities once the charity has ènt￿ement to the funds, it is
probable that the income will be recewerl and th8 amount ¢an be me8sured ￿l'ably.
Expenditu
Liabilities are recogni5ed as eKpendthJ￿ as sooTr as the￿ Is a ￿gaI or constructive oblwjation commitlsng the
charity to that expenditure, rt is probable that 8 transfer of ￿onoMiC benefits will be ￿quIred in settlement 8Trd
the amount of the oblvJation ean be measured reliably. Expenditure i% a(wunted for on an accfuals bas￿ an¢J
has been cl8ssif*d under headings that aggregate all cost related to the catagory. costs ￿nn0t be
diredly attributed to particubr h*adings they have teen 21th8ted to a¢tfvil95 on a basi8 conslstent ￿1th tha use
of resour￿$.
Tanolbte fix•d aMet6
Depreoation is provhyed at Ihe followng annual rales in orderto write off each asset over its estimaled usefvl life.
Taxatlon
The charity is exempt fmm tax on Its eharrtable ￿tivi￿"e5.
Fund aceountlng
Unrestricted funds can be used in aCcord8n￿ with the charitable objectives atthe discrethc#) of the tnJ$￿B.
Restn'cted furtds can only be used for paitiwlar restricted purposes within the obJ'ec15 of the charity. Restricbons
arise when spe￿fE￿ by the donor ￿ when funts are raised for pa￿"Cular restneled pu￿0$es.
Furth•r explanaticffl of nature and wrpose of eadt fijnd L8 included in the note5 to th8 financial statements.
OTHER TRADING ACMVITIES
2021
2020
Mathet To115 and sh￿ Rents
G8rstsng Arts Centre
Btth'sh Legion
Storage space
Grants
Other inL¥Y
31,267
39.72T
2.040
7,153
630
6,388
1,080
10,000
47
48.762
49.550
Paga 6
CcTrtinu￿...

Garstang Town Trust
Notes to the Flnancial Statements - Continued
for tho Year Ended 31 March 2021
INVESTMENT INCOME
2021
2020
Deposit aco)unt interest
10
TRUSTEES, REMUNERATION AND BENEFITS
There TrA*re no tru8te8s' remunerab.on or other benefits for the year ?nd8d 31 March 2021 nor lor the year ended
31 Match 2020.
Tn￿￿9$. e¥ponse8
There *tre no trustees, e¥pen5es pakl forthe year ended 31 March 2021 nor fortke year ènded 31 March 2020.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES
Unlestr￿kd
lund
INCOME AND ENOOMIENTS FROM
Other trading activths
Invasiment income
49,550
60
Total
EXPENDITURE 014
funds
35,650
other
23,015
Totsl
58,fj65
NEY INCOMEI{EXPENDfTUREI
19,0551
RECONCILL4nON OF FUNDS
TotAI lund• bmughtfonyard
1,321,331
TOTAL FUND8 CARRIED FORWARD
1,312.276
TANGIBLE FIXED A&8Ers
Tre
Market
House
6utcherg
Court
Tty
Hall
At 1 April 2020 and 31 March 2021
198.875
$09,904
221.866
DEPREc￿TIoN
At 1 April 2020 and 31 March 2021
NET BOOK VALVE
At 31 Mar¢h 2021
198,675
509,9)4
221.866
At 31 March 2ff20
509,9
Page 7
continu￿...

Garstang Town Trust
Notes to the Flnanclal Ststsrnents- contlnued
for the Year Ended 31 March 2021
TANGIBLE FIXED ASSETS- continued
The Old
Grammar
Sthool
Offi
equiF¥n¥nt
TolaL%
COST
At 1 Aprl 21Y20 and 31 Marckn 2021
189
DEPRECIATfoN
At 1 April 2020 arKI 31 March 2021
189
189
NET BOOK VALUE
At 31 March 2021
350.174
1,280.619
At 31 March 2020
350.174
1 280619
CREDITORS.. AMOUNTS FALUNG DUE WITHIN (X4E YEAR
2021
2020
Taxation and sorxal se¢urity
874
MOVEMENT IN FUNDS
Net
rnovement
in fvnds
At
31.3.21
At 1.4.20
Unrestrictad fwMIs
General fijnd
1.312,276
7.070
1,319,346
TOTAL FUNDS
1312,276
7,070
1319,346
Net movernent in fvnds. included in the above a￿ as follo￿..
In¢ornirKJ
Jources
Resources
expoTrYed
Movement
in frjnds
Unrestricted fvnds
General tjnd
48.772
141.7021
7.070
TOTAL FUIIDS
417021
Comparatlves formovem•nt In funds
Net
mov•mant
in fvnd$
At 1.4.19
31.3.20
Unre$trlct•d funds
Gèneral fund
1,321,331
19,0551
1,312.276
TOTAL FUNDS
1 321 331
1 312276
Page 8
ontinued..

Garstsng Town Trust
Notes to the Financlal Ststements - contlnuéd
for the Year Ended 31 March 2021
MOVEMENT IN FUNDS- condnued
CINnpardtive net mov•rnarrt in funds. Indudgd in the at*)ve S￿ as folknws..
Incoming
resources
Resources
expeThJed
Movernent
in fund8
Unr•8tricted fund8
General fund
49,810
{58,e651
19,0551
TOTAL FUNDS
A current y88r 12 months and prior year 12 m¢nlh8 combined posthon 18 as follows..
Net
movement
in lunds
At
31.3.2f
At 1_4.19
un￿S￿leted fundg
General fund
1,321,331
11,9851
1,319,346
TOTAL FUNDS
1 321 331
1 319346
A tsjwrent year 12 monts and prior year 12 month$ ￿MbNed net movwnent in fvThJs. ineludÉd in the above are
as follows..
InCL￿Ing
resources
Resources
exFended
Movernent
in funds
Unrnatri¢ted funds
Ggn¢ral fvnd
98.382
11CKI.2671
11,9851
TOTAL FUNDS
1100 3871
RELATED PARTY DISCLOSURES
Thore were no related party transadions forthe y8ar8nded 31 Mareh 2021.
10.
PROPERTIES
The folbwing propertles a￿ ovmwj maintsined by G8rstang Town Trust..
Garstsng Tovm Hall, Kqarket F1ace. Ga￿tang. This buildlng was buill in 1755.
Market House, Marf(et Place. Garstang. This building was budt in 1843.
fvlarkgt Cross, Martd Place, Garstar¥J.
The Old Grarnmarschool. High Street, Garstang. This was founded in 1602.
The 8am and Land 81 the ￿r of44 High Street, Garstang (Butth￿$ Courti.
The buildings wgre revalued i) the ar￿￿nts to 31 March 2017 wrth a figure ba$ad Lpon the buiklings in8urance
at the tlme.
Page 9

Ga￿tsng Town Trust
Detailed Ststement of Flnanclal A¢￿vitieS
forthe Year Ended 31 March 2021
2021
2020
INCOME AND ENDOWMENTS
othertrading actl¥lths
Market Tolls arKI Shop Rents
Garstang Arts ￿ntre
Briti8h Legion
Storage space
Grant8
Other income
31,267
39,727
6,368
1,080
10,000
47
7,153
830
46,782
49.55)
Investment Ineomè
Deposit account interest
10
60
Total Incoming resources
48.772
49,610
EXPENDITURE
Ral8lng dOna￿on8 and kngacles
Rate5 and water
Insuran
LvJht and heal
Pro￿rtY repairs
Cleaning expensès
Sundries
409
4.C62
6,820
22,447
1.769
143
4,122
6,722
8,504
1,983
21,331
35,650
Oth•r
Xmas Lights
Donati¢)ns
1,000
500
50
1,0
Supportcosts
IAana9om•nt
Wages
Tefepho
Postage altd $talonery
Profession81 fees
17,333
21,069
261
175
960
19.371
Totsl resourc8s exp8nd&Y
58.665
Not In¢omgll•xpondltur•}
7,070
Thk8 page does not fomi part of the 8tatutory finanual statements
pa￿ 10

REGISTERED CHARITY NUMBER.. 226449
Report ofthe Trnstsas and
Flnanclal Slatsm￿tr
forthe Year End￿ 31 M*reh 2021
lor
Garjtsng Town Tntyt
To**rs + (￿m8[1 Ltd
Chartered Cerffied Accxjuntartts
Riverview
96 High Street
G8¥slan9
Preston
Lancashi
PR3 1WZ

Garstsng Town Trust
Contents of th& Financial Statements
for the Year Ended 31 March 2021
Page
Report ofth• Trustses
1 to 2
Indo￿ndent Ex￿￿￿￿e¢l Report
Statomgntof Flnanclal Aetlvrlies
Balance Shee¢
Not•$ tts th• Financial Stal•m0nts
tsllfrd Stst•h*nt of Financlal Acllvftlgs
10

Garstang Town Trust
Roport of the Trustees
for the Year Ended 31 March 2021
The tru8te&s present theii report with the financial statements of the Chanty for tIE year ended 31 Marth 2021. The
Irustees have 8dopted Ihe provisions of Accounting and ReportiwJ by Charit￿$.. Statefflent ol Recommended PtAGlice
applicable to charities p￿paNn9 their accounts in accordanEe wth the Financial Reporting StarKJard appliCa￿e iD&p UK
and Republic of Ird8ThJ IFRS 1021 leftective 1 January 2019}.
OBJECTIVES AND ACTIVITIES
Objectives and alrn$
Establishing and maintsining various buiklings for the use of Ihe inhabrtants of G8Trtang and fo¥ any othgr charitable
puypose forlhe géne￿ benefrt of the inh8bitants of Garstang that the truslee$ th￿k fit.
ACHIEVEMENT AND PERFORMANCE
Charltable actrvities
The Trust has continued to $u)port the Christmas Lvjhts wth addIt￿n81 furKls of £1,00) pmided. It has aol b8•n
possible forthe Chrntm88 Lights group to raise funds in the nomial way due to COVKI.
Fundralstng 8etlvltle8
The Arts Centre, The Britith Legion and both the North and South Shops have had frxt9ns1￿ periods of c4osure (Jue to
Covid.It ￿ hopeful that they wll all rg-open when the next stwJe of relaxation measures Is ￿p￿rnertted.
FINANCIAL RFIIEW
Flnanclal po$Mton
The ma￿et Hall slKJf6 have remained open 38 they have boen da5sed as essential, due to them prothdlng food.
Howtrver, the outdoor marf(et has been Sev?￿lY gffected by the varfous Covid m88sures durirvJ perioJ.The ￿tuatIOn
wa¥ eased by the closNig of the road on Market days. which enabkd the stall holder5 to spre8d ￿t.
In thè opinion ol the Trustees, th8 chaity has p&rfomvl lo a satisfactory kvel. There was a surplus mxdÈ of £7.070
compared to a defi(at of £9.055 in 2020. This sutplus will help bu1￿ up reserves. It must be ￿Member￿1 that Covhl h8d
signi￿ant impact on all thuse busine55es that occupy the premises under the control of the Trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govoming docurneTrt
The charty Cont￿lled by its goveming documen( a deed of trust and constitutes an unincorporated charity.
Garstang Tow) Trust Ofg wponsible for running marf(ei and upkeep ol several liste(I buikJir¥Js in Ga￿ang after
ich surplus money rnay te given in grants to IoGqI groups to hdp trEm wrth their proje¢ts. A free charity stall Is
provthd IApril to October) outside the Market House lor the use Df bcal otganizath"onslgNwp5 W5hirYJ to rarde lunds.
This can be bo¢Jked via the Market Superintendent
REFERENCE AND ADMINISTRATIVE DETAILS
R¢gl$tergd Charfty numbor
225449
Prlnc*al addre85
Town Hall
MarfKet Pla
Garstsng
Prest
Lan￿Shire
PR3 1ZA
Tmst••¥
Mr G Harter
Mr T Ibison
Mrs S D Perf(1
Mr M G Halford
Mrs JA Nirknon
Lady DM Atkin8
Mr DT Carr
DECEASED Idece8sed 22.12.20211
Mr D Fl Lewis
Mrs E N PeAr3on
Page 1

Garstang Town Trust
Report of the Trustees
for the Year Ended 31 Alarch 2021
REFERENCE AND ADIAINISTIIATWE DETAILS
Indep8ndont Examln•r
Mr MR Gornall
ACCA
+ Gomall Ltd
Chartered Certified Aceountants
Fl"ver ￿￿W
96 High Street
G8rytang
Preston
Lancashire
PR3 1WZ
Approvèd by ordèr of the board of trusts8$ on 10 Octobèr2022 and s¥Jn8d on its b¢half by..
. Tntstee
Page 2

Independent Examine￿$ Report to the Trustees of
Garstsng TO1￿ Trust
Indapend•ntexamln•f• reportto the trust0￿ of Oatstang Town Trn•t
l ￿port to tha thaiily trustees on my examlnabon of the ac¢ounts of Gorstang Trust Ilhe Trust) for the year ended
31 March 2021.
RespO￿lbIlitieS and basls of r•port
As the Charity tnJ81ees of the Trust you are responsible for the prePara￿On of the ac£#)unts in aCc¥)rdaTr￿ ¥￿th the
requiroments ofthè Charities Act 2011 ftheArtI.
I report in respect of my examination ol the Trusfs accounts carried out under section 145 01 thè Act and In carrying out
y examination I have followed all applicab￿ Dirpctions given by the Chartty CThnmission under $8Ction 145lSllbl of the
Independent examln•V# slatemont
I have wmpleted rny exsmination. I wnfirm that no rnaterial rnatter¥ have come to my attanttoTr in conne¢tkn wlh the
•xamination gwlng m8 cause to bditrva that in any material re5ped.
acwunting re￿r￿S not kapt ITr respect oflhe Trust as wuired by section 130 ofthe Aci. or
tha accounts do not 8Ctovd wrth those r￿[rJ5., or
the accounts clo rTOt comply wtth the applicable r8quirements concemiro the fom and content of account8 set out
in th8 Charits"es (Atxounts and Reports) ReguL3tlon$ 2008 oth&r than any requirement that tho a￿OuntS giv
true and fair vlewwhleh is not a mattercon$¥Jèred as part olan independent examination.
I have no c4neoms and have across no other matters in connection with the examination to vthlcl) attention 6houkY
te drawn in thkl re￿rt in order to enab￿ a proFer un(Jerstanding of the accounts to be ￿chÈd.
Mr MR Gomall
ACCA
Towers + Gomall Ltd
Chartered Certified Accountants
Rwer V*w
96 Hlgh Street
Garstang
Preston
Lancashire
PR3 1WZ
10 October 2022
Pa￿3

Garstang Town Trust
Stslernent of Flnanclal Actlvities
for the Year Ended 31 March 2021
2021
Unrestri¢Aed
fvjnd
2020
Total
funds
Notes
kYCOME AND ENDOWMENTS FROM
Other tradirvj actNitres
InveSth￿Trt income
48,762
10
49,550
60
Totsl
48,772
EXPEIIDrruRE ON
RaisiNJ funds
21.331
35,650
Other
20,371
8,015
Total
NET INCCAIEIIEXPENDITURei
7,070
19.0551
RECONCILLITION OF FUNDS
Total fundj brought forwartl
1,312,276
1.321,331
TOTAL FUNDS CARRIED FORWARD
1.312276
Thè notss fo￿ part of these financial staten￿nIS
Pag& 4

Garstang Town Trust
Balance Sheet
31 March 2021
2021
Unrestricted
fund
2020
Totgl
n(Js
FIXED ASSETS
Tangib￿ as¥ets
Notes
1.280,619
1.280,619
CURREKf ASSETS
Cash at bank
39.601
31,657
CREDITORS
Amounts falling due Mthin ot* year
18741
NET CUIIRENT ASSETS
TOTAL A88Efs LESS cuRREP￿ LIABILITIES
1,319,346
1,312276
NET AssErs
1319.346
1312276
FUNDS
Unrestricbl lunds
1312276
TOTAL FUNDS
1319348
1.312276
The finan￿al statements ￿re apwoved by the Board ofTruSt￿ aThJ authorised for Bsue on 10 Octobor2022 And were
syned on ts tehgffby.
The notes fomi part of these f￿0￿¢181 state￿ents
Page 5

Gar8tang Town Trust
Note5 to the Flnancial Ststements
for the Year Ended 31 March 2021
ACCOUNTING POLICIES
Bas18 c•f preparfng the fina￿la1 stat•m•nt8
The financial statsrnenls of the charty, ￿1¢h is a public benefrt enlty under FRS 102, have been prepared in
accord8ru vAth th8 Charitps SORP IFRS 1021 'A¢ciyJnting and Reporting ty charit￿$.. Statement ol
Recornrnended Practice applKable to chant￿S prepariro their accounts in auordarKe writh the Fiiancial
Reporting Standard applicabl& in the UK and Republic of Ireland {FRS 1021 leffectrye 1 January 20191,, Financial
ReportiTrJ Standard 102 The Flnancial Reporting Slandgrd applicable in UK Republt of Ireland. an(J Ihe
Charftiè3 Act 201 q The fin8n(ial $tatemonts have been prepored under the historical ¢05t convention.
Incom•
l Ir￿4Xne is recognised in the Staternent of Financial Activities once the charity has ènt￿ement to the funds, it is
probable that the income will be recewerl and th8 amount ¢an be me8sured ￿l'ably.
Expenditu
Liabilities are recogni5ed as eKpendthJ￿ as sooTr as the￿ Is a ￿gaI or constructive oblwjation commitlsng the
charity to that expenditure, rt is probable that 8 transfer of ￿onoMiC benefits will be ￿quIred in settlement 8Trd
the amount of the oblvJation ean be measured reliably. Expenditure i% a(wunted for on an accfuals bas￿ an¢J
has been cl8ssif*d under headings that aggregate all cost related to the catagory. costs ￿nn0t be
diredly attributed to particubr h*adings they have teen 21th8ted to a¢tfvil95 on a basi8 conslstent ￿1th tha use
of resour￿$.
Tanolbte fix•d aMet6
Depreoation is provhyed at Ihe followng annual rales in orderto write off each asset over its estimaled usefvl life.
Taxatlon
The charity is exempt fmm tax on Its eharrtable ￿tivi￿"e5.
Fund aceountlng
Unrestricted funds can be used in aCcord8n￿ with the charitable objectives atthe discrethc#) of the tnJ$￿B.
Restn'cted furtds can only be used for paitiwlar restricted purposes within the obJ'ec15 of the charity. Restricbons
arise when spe￿fE￿ by the donor ￿ when funts are raised for pa￿"Cular restneled pu￿0$es.
Furth•r explanaticffl of nature and wrpose of eadt fijnd L8 included in the note5 to th8 financial statements.
OTHER TRADING ACMVITIES
2021
2020
Mathet To115 and sh￿ Rents
G8rstsng Arts Centre
Btth'sh Legion
Storage space
Grants
Other inL¥Y
31,267
39.72T
2.040
7,153
630
6,388
1,080
10,000
47
48.762
49.550
Paga 6
CcTrtinu￿...

Garstang Town Trust
Notes to the Flnancial Statements - Continued
for tho Year Ended 31 March 2021
INVESTMENT INCOME
2021
2020
Deposit aco)unt interest
10
TRUSTEES, REMUNERATION AND BENEFITS
There TrA*re no tru8te8s' remunerab.on or other benefits for the year ?nd8d 31 March 2021 nor lor the year ended
31 Match 2020.
Tn￿￿9$. e¥ponse8
There *tre no trustees, e¥pen5es pakl forthe year ended 31 March 2021 nor fortke year ènded 31 March 2020.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES
Unlestr￿kd
lund
INCOME AND ENOOMIENTS FROM
Other trading activths
Invasiment income
49,550
60
Total
EXPENDITURE 014
funds
35,650
other
23,015
Totsl
58,fj65
NEY INCOMEI{EXPENDfTUREI
19,0551
RECONCILL4nON OF FUNDS
TotAI lund• bmughtfonyard
1,321,331
TOTAL FUND8 CARRIED FORWARD
1,312.276
TANGIBLE FIXED A&8Ers
Tre
Market
House
6utcherg
Court
Tty
Hall
At 1 April 2020 and 31 March 2021
198.875
$09,904
221.866
DEPREc￿TIoN
At 1 April 2020 and 31 March 2021
NET BOOK VALVE
At 31 Mar¢h 2021
198,675
509,9)4
221.866
At 31 March 2ff20
509,9
Page 7
continu￿...

Garstang Town Trust
Notes to the Flnanclal Ststsrnents- contlnued
for the Year Ended 31 March 2021
TANGIBLE FIXED ASSETS- continued
The Old
Grammar
Sthool
Offi
equiF¥n¥nt
TolaL%
COST
At 1 Aprl 21Y20 and 31 Marckn 2021
189
DEPRECIATfoN
At 1 April 2020 arKI 31 March 2021
189
189
NET BOOK VALUE
At 31 March 2021
350.174
1,280.619
At 31 March 2020
350.174
1 280619
CREDITORS.. AMOUNTS FALUNG DUE WITHIN (X4E YEAR
2021
2020
Taxation and sorxal se¢urity
874
MOVEMENT IN FUNDS
Net
rnovement
in fvnds
At
31.3.21
At 1.4.20
Unrestrictad fwMIs
General fijnd
1.312,276
7.070
1,319,346
TOTAL FUNDS
1312,276
7,070
1319,346
Net movernent in fvnds. included in the above a￿ as follo￿..
In¢ornirKJ
Jources
Resources
expoTrYed
Movement
in frjnds
Unrestricted fvnds
General tjnd
48.772
141.7021
7.070
TOTAL FUIIDS
417021
Comparatlves formovem•nt In funds
Net
mov•mant
in fvnd$
At 1.4.19
31.3.20
Unre$trlct•d funds
Gèneral fund
1,321,331
19,0551
1,312.276
TOTAL FUNDS
1 321 331
1 312276
Page 8
ontinued..

Garstsng Town Trust
Notes to the Financlal Ststements - contlnuéd
for the Year Ended 31 March 2021
MOVEMENT IN FUNDS- condnued
CINnpardtive net mov•rnarrt in funds. Indudgd in the at*)ve S￿ as folknws..
Incoming
resources
Resources
expeThJed
Movernent
in fund8
Unr•8tricted fund8
General fund
49,810
{58,e651
19,0551
TOTAL FUNDS
A current y88r 12 months and prior year 12 m¢nlh8 combined posthon 18 as follows..
Net
movement
in lunds
At
31.3.2f
At 1_4.19
un￿S￿leted fundg
General fund
1,321,331
11,9851
1,319,346
TOTAL FUNDS
1 321 331
1 319346
A tsjwrent year 12 monts and prior year 12 month$ ￿MbNed net movwnent in fvThJs. ineludÉd in the above are
as follows..
InCL￿Ing
resources
Resources
exFended
Movernent
in funds
Unrnatri¢ted funds
Ggn¢ral fvnd
98.382
11CKI.2671
11,9851
TOTAL FUNDS
1100 3871
RELATED PARTY DISCLOSURES
Thore were no related party transadions forthe y8ar8nded 31 Mareh 2021.
10.
PROPERTIES
The folbwing propertles a￿ ovmwj maintsined by G8rstang Town Trust..
Garstsng Tovm Hall, Kqarket F1ace. Ga￿tang. This buildlng was buill in 1755.
Market House, Marf(et Place. Garstang. This building was budt in 1843.
fvlarkgt Cross, Martd Place, Garstar¥J.
The Old Grarnmarschool. High Street, Garstang. This was founded in 1602.
The 8am and Land 81 the ￿r of44 High Street, Garstang (Butth￿$ Courti.
The buildings wgre revalued i) the ar￿￿nts to 31 March 2017 wrth a figure ba$ad Lpon the buiklings in8urance
at the tlme.
Page 9

Ga￿tsng Town Trust
Detailed Ststement of Flnanclal A¢￿vitieS
forthe Year Ended 31 March 2021
2021
2020
INCOME AND ENDOWMENTS
othertrading actl¥lths
Market Tolls arKI Shop Rents
Garstang Arts ￿ntre
Briti8h Legion
Storage space
Grant8
Other income
31,267
39,727
6,368
1,080
10,000
47
7,153
830
46,782
49.55)
Investment Ineomè
Deposit account interest
10
60
Total Incoming resources
48.772
49,610
EXPENDITURE
Ral8lng dOna￿on8 and kngacles
Rate5 and water
Insuran
LvJht and heal
Pro￿rtY repairs
Cleaning expensès
Sundries
409
4.C62
6,820
22,447
1.769
143
4,122
6,722
8,504
1,983
21,331
35,650
Oth•r
Xmas Lights
Donati¢)ns
1,000
500
50
1,0
Supportcosts
IAana9om•nt
Wages
Tefepho
Postage altd $talonery
Profession81 fees
17,333
21,069
261
175
960
19.371
Totsl resourc8s exp8nd&Y
58.665
Not In¢omgll•xpondltur•}
7,070
Thk8 page does not fomi part of the 8tatutory finanual statements
pa￿ 10