THE TURBARY ALLOTMENT CHARITY FINANCIAL STATEMENTS 31 MARCH 2025 Charity Number 231769
THE TURBARY ALLOTMENT CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Trustees annual report Independent examiner's report to the trustees Statement of finanaal actfvitles Balance sheet Notes to the financial Statements P74e2
THE TURBARY ALLOTMENT CHARtTY TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Thetrustee presents theirreport and the unaudited financk11 statemgrts of the charity fortheyearended 31° Marth 2025 ADDRESS 2 Franklln Avenu•. Tadlw. Hampshire. RG26 4ET TRiisfEES Thecorporate trustee of theChar(ty TadIT1M Cour1 rww•nted tytht rn•rnber5 of ihat body at each mteting. BANKERS LloydsTS8 plcAldemastoTr Roa&Tadlvt Hants R626 60 SOLICrn)RS Rowberry Morris. Sherfield Hots$•. Mulhrd5 Hlll. Tadley. RG26 3x1 INDEPENDE EXAMINER Dothe Numbers Ltd. 37 Upperbrowfthlll Road, Southamptoft5016 5NG GOVERNANCE Charty Commlssitsn Schom dated S F•brry 1991 OBJECTS •¥ >rt out In Gov•rnkn¢ Im Subj'ert to payment of ¢xpense5 to adrnlnlst•rth• Charity and ary of its knnd and proyty. the Charity appli95 it5 Income io relleving •f¥hergenerallyor indryidually persors r•sident in the area of benefit who are In condlttorffj of need. hardthip. or distres5 by maklnx grants of money or providing or p•ylng forlt•rn5, 5ervlcesorf•¢llM•s cakulated to r•duc•the need. hardshlp ord&tross of suth persorfj. AcfiviTIES In r•lallon to th• obl•¢ts The Char4t¥ provld•5 grants Iinth• ftym of rnoneyi pru4ls60ft orpayinff for It•ms. s•tv{ or fac1115) to orgah1sonS or Indwldvals In th •rea of beneflL lorthe f•lief of need. hardship or d&trqs5. IndividuaLE must b• resldènt in the 4rea of benefft. however8rants tan also be mad•to p•?plo who have a loni 1s$0¢141Son wirh t area of bgngfft no lon8•rlni•wi(hln the area. •4. person who has liv•d sn Tadley all thelr Ilfe but is now in residohtlal ure in BasIfiOke. Oryantsatlons must bg provldiTr4 b•nefft prfm•rilyto persons resldlng Inthe area of b•n•fft. A Clerk Is engaged rt-1me to attend to th• •dmlnlstratlon olthe Charty. GIIANf MAKING POLKY Thg ¢harity provld•s irantstooryn15adon50r indfvldu•ls Inth• are8 of ben•fft. forth• rell•f of neèd, hardshlp or dkiress. INVESTME POLICY The Truste•s Ik toi•nerate an Incom• whl&t malntalnlryth• upftal and wrts(d•rth•t fund5 deslgned forth• Ch•rltys•¢tor M•stha1 r•qulrgrnent. RESERVES POUCY rh• frw r•%orve5 of the Charity, whl¢h are unr•strfct¢dfunds. ire aValb1•tO m••t tts runnlni costs and can th•n bg ipplled to grants in attorfance wlih the 8rants poliry. If the ch•rity ha5 4n annual surplus of income overourgoines and these surpluses are plaetrd inthe COIF Charitles Dèposit Fund. rnaThaged by CCLA Imv•strngnl Management Ltd. The rnorsies on d•poslt are avallable on d•rnand without penalty and 94rn a comperfdve rate of interest Ilnked to the money market. The endowmeTrt fund ofthè tharity lamoundnl to £8144831 defves from th•1• of land and 15 also invested as p•rthg re5eryes pollLy SIGNEOON BEHAIF OFTHE TRUS LI E Mu Narne Date iil?Izs Page3
THE TUR8ARY ALLOTMENT CHARtrY INDEPENDEwf EXAMINER'S REPORT TOTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 I report the acwunts ofthe tharityforthe yearended 31 Marth 2025 whkh areset out on paig5 5t0 7 RESPECTIVE RESF¥)NSIBiun£s OFTRusfEES AND EXAMINEft The charity's trustees ale responsible forthe preparatfion of the aecounts.The tharity'5trustÈes tonslderthat an audlt not requlred fcrthls year undersealon 144zl of Charttfes Act 2011 Ithe 2011 Act) and that an independont eXaTnifiation is needed. s my re5ponslbility to-. exarniTrethÉ attounts undersealon 145of thg 2011 Act-, to followthe procedures laid In theqeneTrl Directi0Th5 #wen by the Charity Comrn(sslon under secbon 14515llbl of the 2011 Acr.. and to stat•whether partlculaf matters have corneto my attentton. BASS5 OF INDEPENDENTEXAMINEIIS REPORT My examination was eayrfed out In accordance with thè pneral C4rectlons qiven theCharIty Commlsslon. An examinadon includ•5 a roview of the accountin¢ record5 •pt by thè thaty and a Compar0 of thg aceou#ts pr8sented wf(hthos0 r•ords. It akn includeseon51deradon of any uTrusual ems or dlsc105ures inthe a¢wuttt4 and seeklnR explanatsons from you 45 truste•s coneeiftlthg any suth matttrs. The procedures und•rt•ken do not piovlde all the ewdon¢gth4t would b¢ r•4uired In an audlt and eonsequontly no (s Kfven asto whetherthe acwunts present a rne and fairvl8W and the report 55 Ilrnft•d iothos• Matte s•tout Inth•st•t•m•nt b•lgw. INDEPENDENT EXAMINER'S ATEMENT ln conn•¢tton with my examinatlon, no maffr has come to my attentlon: lil whlch qfves rne reasonabl• tus• to believethat In any rnaterlil r95P•¢tth• r•qulr•m•nts: have not been m•t,' or 121 to whlch, In rny oplnlon, •tt•ntloA ShId bÈ drawn In ord•rto•n•bl• • prop•rurO•r5tindlni of th• accounts to b• r•i¢h•d. Do the Numbers Ltd. 37 Upper Brownhill Rold, Stsuthampton S016 5NG 2TrtsJuly 2025 Pagè4
THE TURBARY ALLOTMENT CHARITY INCOME AND EXPENDITURE ACCOU FOR THE YEAR ENDED 31 MARCH 2025 LknrestrKted Elt Toiol Fwrf5 nd5 Fund 2025 2024 INCOME Rural Payment AgeY iKorne Investment irtom• AsS8t sohl Feed in tariff Incom¢ wayave$ Buiklin9 rertal irK¥m• 31971 18,113 32.971 18,113 9,643 23,104 866 1,958 866 912 1.958 30,668 253 26,594 84575 84.575 61,374 Cry$tallised gairn on tnvemert salès Bank interest 270 I70 1,260 TOTAL INCOMING RESOURCES 8&645 86,645 62,634 iXPENDIT(IRE Grant$ mad• Repairs and maintenance Mairlenar¢¢ ol¢ommon InwJran¢• W8ge8 Sundri•B INlepvnd•nt eKaminer$lee MBnagem•nl f••s 15,326 IS.3Z6 3,858 66,021 4.886 1,697 11.099 575 1,412 104.874 49,657 4,757 39,861 4,723 1.633 7,351 575 1,378 109,936 6621 4$ 1,697 11.099 $75 1.412 104,874 D•pr•¢l4tttsn 2S.434 25.434 33,647 TOTAL RÈSOURCES EXPENDED 130.109 130,309 1 143,583 NEfiNCOMINsI IOUTGOINGI RESOURC 43,664 -43.664 -80,948 Th• m¥t95 page 7form prt of th95•ftn•nclal stt•m•rrt Pa8e5
THE TURBARY ALLOTMENT CHARrrY BALANCE SHEET AS AT 31 MARCH 2025 Note 2025 2014 FIXEDASSETS Tangible aet5 Fixed asset Investments 274.346 815,631 I,C49.977 299,780 851.344 1,151,125 CuRREAssET$ Prepayments and other debtor5 Cash at bank and in hand Ig.N5 19,045 26.376 26,376 CURRE LIA8ILmES ArcruaLs ind ¢th¢r¢redi£ors NETCURRENfASSErs 19.045 26,376 NEfASSETS 1 109,022 L177,500 FUNDS Dn*t•d unr4strlLted res•rv• En(towrn•nl Fund Uthraal&ed galrts on Inve5trnen15 TOTAL FUNOS 92.255 814,483 202,284 2,109,022 125.019 814.483 237,998 1 177.50) The"J? ffnJnclJl rtJtornont5'.4JerÈ 3ppro'Jed oft Name J4É ML4LLA Dat• 21J71is Th• fi0t on paq•7 fo part otthes• finonclal stst•m•rtk Page6
THE TURBARY ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l. AccounNG POUCIES Basis of accounting The financial staternents have bean prepared undeithe historical tost VenIfon. •xcept for Investmerts which are Induded at rnarketvalue and the rqwaluarfofi ol certain fixod assets. and in accordance wi(h applicable Untted Kingdom è¢countin8 stahdards and The r•quirernents of the Statement of Recornmended Piactyce'ActtuntinR and Reporting bycharitses. $ed in March 2LY)5 150RP 2(K)S1 and FRS102 with reducqd disck)sure exemptton% Flx•d 55•ts Unril 2019 11455etsw•r• rncorded at historlc COA duetothe ltsw of expenditure. From 2020, all assets re depred•ted as fdlow5 L•nd and freehold bulldlnqs FIktU Ind on Turbary Bullding Flxtur•$ 4nd fittfngs on Turbary Cornnn Play and sports Equipment r•ordod at htstorkcost ornomlnil valu• 15 % r•du¢ing balant• 20 % reduoThg balan¢• 25% reduclnR balance Z.GFi4MTSand r•l•t•d Parnftr•n5 Durlngthe ye•rth• tollrwln8 Krnt5 were m•d•to ¢xrfanilIo wh whlth the Charlty 1$ relat•d Nll 10 £0 FIXED ASsErs Lnd4nd &Jilding Buildin fiur•S rxfflrnon twe5 ewlpm*i 2025 Total 2024 CQST Brought loard Add10$ 193,918 17803 14,464 536.533 424 378,627 $62,818 d12,094 604,911 561,818 42.094 604.911 45 at ai.oJ.24 193.918 17,903 14,461 OEPRECIATION Brought fOard Charge fortheyear as ar 31.03.24 BOOKVALUE Brouiht fOarat Oln4.23 9.959 1.192 11,151 9,724 285,447 23,295 308,742 305.131 25,434 330,S65 271,484 33,647 305,131 10,672 193.918 7,943 4,740 51.1)86 157.687 291.333 Carried I00rd as at 31A13.24 193,918 6,752 3,792 69,885 274,346 299,780 4. RESERVES 01.14 ¢lfv 3L03,25 Fwdirure Tr•n51eFs Unrestrirt•d rese Endowment Fund Unr¢altsedgain on lTh¥esiments 135.919 814A83 209,473 1.159,874 43,664 92.255 814,483 202,284 1,109,022 -7.18 .7,188 Page 7