| THE TURBARY ALLOTMENT CHARITY TRUSTEES ANNUAL REPORT FORTHE YEAR ENDED 3L MARCH 2022 |
THE TURBARY ALLOTMENT CHARITY TRUSTEES ANNUAL REPORT FORTHE YEAR ENDED 3L MARCH 2022 |
|
|---|---|---|
| The trustees presenung their report and the unaudited financial statements ofthe charity |
||
| forthe year ended 31' March 2022 | ||
| ADDRESS | ||
| 2 Franklin Avenue, Tadley, Hampshire, RG26 4ET |
||
| TRUSTEES | ||
| The Corporate trustee ofthe Charity is Tedfey Town Council represented bythe members ofthat |
||
| body at each meedng. | ||
| BANKERS | ||
| Ucyds TSBplcAldermaston Road, Tadley, tlants RG26 6QB |
||
| SOUCITDRS | ||
| Rowberry Mords, Sherfleld House, Mulfords Hill, Tadley, RG263XI |
||
| INDEPENDENT EXAMINER | ||
| Dothe Numbers Ltd, 37Upper Brownhill Road, Southampton SO16SNG |
||
| GOVERNANCE | ||
| Charity Commission Scheme dated 5 February 1881 |
||
| OBIECTSes set out In Governing Document |
||
| Subiactto payment ofefewps etto admlnisfpr the Charity and any of |
ItsI and and property, the | |
| Charity applies its Income to relieving either generally or individually | persons msldent In the area of |
|
| benellt who are in conditions ofneed, hardship, ordistress by making |
grarrts ofmoney or providing | |
| or paying for items, services or facilities calculated to reduce the need, hardship or distress ofsuch |
||
| persons. | ||
| ACTIVIIIE3 in reksti antothe oh)ecfa | ||
| The Charity provides grams (fnthe form ofmoney, provision or paying for Itenw, services or |
||
| facilities) to orgsnlsations or Individuals In the area ofbenefi, for the |
relief of need, hardship or |
|
| dfstrew. Individuals must be resident in the area ofbenefit, however |
grants can also be made to | |
| people who have eIong association with the area ofbenefit but no longer live within the area, e,g. s |
||
| person who has lfmd In Tadley all their life but is now In residential care in Basingstoke. |
||
| Organlsatlons must be pmviding benefit primarily to persons residing |
inthe area ofbenefft. | |
| A Clerk isengaged part time toattend tothe administration ofthe Charity, |
||
| GRANT MAKING POUCT | ||
| The charity provides grants toorganfsatlons or fndlviduals in the area |
ofbenefi, for the relief of | |
| need, hardship or distress. | ||
| INVESTMENT POUCT | ||
| The Trustees look te generate an income whilst maintaining the capital and consider that funds |
||
| designed forthe Charity sector meets that requirement. | ||
| RESERVES | POUCT | |
| Thefree reserves ofthe Charity. which are unrestricted funds, are available to meet its running |
||
| costs and can then be applied togrants In accordance with the grants |
policy. Ifthe charity has an | |
| annual surplus ofincome over outgoings and these surpluses are placed Inthe COIF Charlue» |
||
| Deposit Fund, managed by CCut Inveslment Management I.td.The monies on deposit are available |
||
| on dwnand without penalty and eam acompetidve rate ofInterest ffnked tothe money market. |
||
| The endowment fund ofthe charity (amoungng toF814483)derives |
fram the sale of | |
| land and fsalso invested as per the reserves policy |
| FORTHE Y | E | A | R ENDED 32 | MARCH 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| unmsrriered | Sadawmeru | Tauri Funds | ||||||||
| nam | Funds | Fund | 2022 | 2021 | ||||||
| 6 | 6 | 5 | ||||||||
| INCOME | ||||||||||
| Rural Payment | Agency income | 1 | 12,625 | 12,625 | 11A76 | |||||
| Investment | Income | 26,363 | 26,363 | 26WL | ||||||
| Feed In tariff | Income | 1,62S | 1.628 | 2A57 | ||||||
| Wayleave8 | 1/18 | 1/18 | ||||||||
| Bugdlng rerrlal |
Income | 30,619 | 30,619 | 28,711 | ||||||
| 0 | 0 | |||||||||
| 72,653 | ||||||||||
| 0 | 0 | |||||||||
| Crystallisad | gains on investment | salas | 0 | 0 | 0 | |||||
| Bank Interest | 79 | 79 | 253 | |||||||
| TOTAL | INCOMING RESOURCE | 72,732 | 0 | 72,732 | ||||||
| EXPENDITURE | ||||||||||
| Grants made | 22,667 | 22,667 | 34,231 | |||||||
| Repairs and | maintenance | 2,522 | 2,622 | 3,618 | ||||||
| Maintenanos | cfCOmman | 2IL008 | 28,008 | 35.062 | ||||||
| Insurance | 3,181 | 3,181 | 3,202 | |||||||
| Wages | 1,475 | 'L475 | 1,480 | |||||||
| Sundrisa | 2r170 | 2,170 | 1,760 | |||||||
| Independent | examiners fee | 575 | 575 | 575 | ||||||
| Lsgai fess | 0 | 1,952 | ||||||||
| O | 60,698 | m.rsaO | ||||||||
| Depreciation | 59,009 | 78,220 | ||||||||
| 119,707 | 0 | 119,7070 | 160,100 | |||||||
| NET INCOMING/ | IOUTGOING) | RESOURCE5 | -46r975 | 0 | -46,975 | -89,199 |
| land end | Building | cnmmnn | Piny | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2.FIXEDASSET5 | Buildings f |
fixtures f |
Returns f |
equipment f |
Total f |
2021 f |
|||
| COST | |||||||||
| Brought | farward | 193,918 | 27P03 | 14464 | 336433 | 562,813 | 562,818 | ||
| Addltinilr | D | 0 | 0 | 42884 | 42,094 | 41,094 | |||
| ssat31,0332 | 193,913 | 17,903 | tcr464 | 378,627 | 604,911 | 604,911 | |||
| 0EPRECIAIION | |||||||||
| Brought Charge |
forward farthe veer |
0 0 |
4,968 tr940 |
5,207 1,851 |
157,757 55315 |
167,932 59,009 |
89,712 78,220 |
||
| ssat 31M.22 | 0 | 6,908 | 7,058 | 232 rt74 | 226,341 | 167,932 | |||
| NET BOOK | VALUE | ||||||||
| Brought | forward | st01.04.21 | 193,918 | 12,935 | 9,257 | 176x775 | 394.886 | 473,106 | |
| Carried | forward | asst3103D2 | 193rtlg | 1D,994 | 7~ | 165,653 | 377,970 | 436,979 | |
| 018421 | rffrrd | ||||||||
| 3,RESRRVES | trrlwd f |
tnorme | Expenditure f |
Trans rem |
31.93.21 f |
||||
| Unrestricted | reserve | 373.662 | 0 | 46„rt75 | -187 | 331400 | |||
| Endowment | Fund | 814.483 | 0 | 624483 | |||||
| Unreaiised | gain | on investments | 237841 | 71,844 | 157 | 209372 | |||
| 1,330,587 | 71,844 | 46,975 | 0 | L355r455 |