LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30th JUNE 2023

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
INDEX
Page
Legal and Administrative Irrformation
Report of the Trustees
Independent Examiner's Report
Clarke's Music ServKes Trust
Statement of Financial Activities
Balance Sheet
Relief in Slckness Fund
Statement of Financial Activitie5
Balance Sheet
Town Lands New Scheme Charity
Statement of Financial Activities
Balance Sheet
10
Town Lands EduGational Foundation
Stalemenl of Financial Activities
Balance Sheet
11
12
Notes lo the Accounts
13

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
LEGAL AND ADMINISTRATIVE INFORMATION
The charities under the common control of the Leveringlon Feoffees are as follows..
Charity Number
269579
273753
311325
232526
Clarke's Muslc Services Trust
Leverington Relief in SiGkness Fund
Lands Educational Foundation
Town Lands New Scheme {including Philip Charllon,
William Hawkins & Town House
endowments. together wth John Swaine.
Ellard Griffin, Thomas Criplin and
Thomas Swaine {under Subsisting Truslsll
CHAIRMAN
E Newjing
TRUSTEES
Council nominated..-
P Reynolds
J Dovmes
P Williams
Co-OPted-
M Humphrey
R A Littlechild
D H NevAing
J R Maxey I resigned November 20221
B Hunt IWIGe Chairman)
E Newling {Chaim)an)
AKett
J Everall
A Missin {remved March 20231
S Kublik
L Sandall
L Tumer
D Ball lappoinled May 2023
Gorefield
Leveringlon
Parson Drove
CLERK TO THE TRUSTEES Mrs R Gagan
78 High Road
Gorefield
WISBECH, Cambs
INDEPENDENT
EXAMINER
C L Smithee FCCA
T C Group
9110 The Crescent
WISBECH, Cambs. PE13 1EH
Page 1

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
REPORT OF THE TRU
TEE
Tru8t•es R•port
The trustees present their report and financial stslemenls for the year ended 30th June 2023. The
charities under the common control of the Leverington Feoffees are conslituled by a Deed of Trust and
are registered charities as shown on page one.
Congtltution and obiocts
The objects of the charities are as follows'.-
Town Lands Charity- to relleve either generally or individually persons resident in the parish of
Leverington las at 31st March 1994) or widows in the Parish of Newton, are in conditions of need.
hardship or distress by way of making grants of money or providing or paying for items, services or
facilities, or by way of donations or subscriptions lo institutions or organisations which provide the
the same. Under 8 new charity scheme dated 29th April 1994. the Town managed as Lands. John
Swaino. Thomas Swaine, Ellard Griffin and Thomas Criplin Charities are administered and managed as
Part of the Tovm Lands Charity.
Leveringlon Rellef in Sickness Fund - to relieve in cases of need. persons resident in the Parish of
Leverington who are sick, convalescent, disabled, handlcapped or infirm.
Clarke's Music SeNice Trust- lo provide grants lo local musicians in need of financial help.
Town Lands Education81 Foundation - lo promote eduGalion of children and young persons resident in
the Parishes of Gorefield. Leveringlon and Parson Drove by way of payments for higher education.
attending lo their health or physical condition. providing surgical appliances and glasses as necessary.
Organisation and admlnlstratlon
The council of Iruslees is as shown on page 1. Appointment of Tfuslees is govemed by the Trust Deed
of the charity. The Board of Trustees is aulhorised to appoint new trustees lo fill vacancies arising
through resignation or death of an &xisling trustee.
The charity Is organiseij so that the twstees meet regulady to manage it's affairs. There Is a clerk to the
trustees who receives an honorarium each year ￿th the tr¢Jslees volunteering Ihwr time frge of charge.
There have been no changes in the policies of the charity since the last report.
Grant maklng pollcy and public bgnellt
The income of the fund is distributed in accordance wth the objects of the various charits'es.
The Trustees have continued to give attention to providing educatlon818SSiStance for school leavers and
supporting requests by the needy for grants.
The Chadton'$ Dole distribution was made to 193 eligible person5.
The Trustees have paid due regard to the Charity Commission guidance on public benefft in deciding
what activities and individuals the charities should support.
Page 2

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
Flnanclal revlew and invostmènt policy
The Trust Deed authorises the trustees to make and hold investrnents. Inve$tmenls held have been
acquired in accordanc8 with the Trust Deed.
Details of the various charities, income and expenditure and financial position as at 30th June 2023 are
sel out on pages 6 to 14. These financial statements should be read in conjunction with their related
notes.
The Trustees will continue lo maximise th￿r Investments to ensure there is sufficient income to meet
their tsrgets for grants and dislribLrtions.
The assets and investmènts are independenuy reviev•pd on an annual basis to ensure that income
and long-temi growth are achieved.
In the opinion of the trustee5 the ¢harities' state of affairs are most satisfactory.
Funds avallable
The present level of funding is adequate lo support the continuation of the charities, objects and
principal activiti&s.
Statemont of Trustèe8' R•8ponslblllties
The law applicable to charities in England & Wales requires the trustees lo prep8re financial ststements
for each financial year which show a true and fair view of the affairs of the charity and ils financial
activities for that pgriod. In preparing those financial statements. the Trustees are required to:_
select suitable accounting poliGies and then apply them Gonsistenty.
make judgemonls and estimates that are reasonable and prudent
state whether applicable standards and statements of recommended practice have been followed
subject to any departures disclosed and explain9d in the financial slatemenls. and
prepare the financial slalemenls on the going concem basis unless il is inappropriate lo presumè
that the charity wll continue in operational existence.
The trustees are responsible for keeping proper accounting records ￿lch dlscloge wth reasonable
accuracy at any lime the financial position of the charity and to enable them to ensure that the financial
$latgmenls comply with I'lhe Acl'l. They are al80 responsible for safeguarding the assets
of the charity and hence for taking reasonable steps for the prevention and deteGlion of fraud and other
rregularities.
Approval
This report was approved by the trustees anil signed on their behalf..
E Newling
Chaimian
Dated:
29th November 2023
Page 3

LEVERINGTON FEOFFeES
CHARITABLE TRUSTS
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
EVERINGTON FEOFFEES
I report on the accounts of the Trusts for the year ended 30th June 2023 which are sel out on
pages 6 10 14.
Respecti￿ responslbllltles of trustees and oxarningr
The charity'5 trustees are responsibl8 for the preparation of the accounts. The charitls trustees
onsider that an audit is not required for this year under the Charities Act 2011. s. 144121 (' the Act.)
and that an independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of thg Act,.
follow the procedures laid down in the General Directions given by the Charity
Commission {under section 145(5} {b} of the Act., and
state Nthelhèr particular matters have com& lo my attention.
Basls of Independ•nt •xamin•r's roport
My examination was carried out In accordance with the General Directions given by the Charity
Commission. 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 incIL￿&S con8ideralion of
any unusual items or éisclosures in the accounts. ané seeking explanations from you as trustees
concerning any stjch matters. The procedures undertaken do not provide all Ihe evidence that
would be required in an audit, and consequently no opinion is given as to whether the accounts
present a Irue and fair. view and the report is limited lo those matters sel out in the slalement below.
Independenl examinerfs statemont
In connection with my examination. no maller has come to my attention..
111 Nthich gives me reasonable cause lo believe that in, any materi81 raspect. the requirements '.
lo keep accounting r8cords in accordance with section 130 of the Act,. and
lo prepare accounts which accord with the accounting records and Gomply with the
ac¢ounling requirements of Ilhe Act'l: have not been mel- or
121 to whiGh. in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
C L Smithee FCCA
T C Group
9110 The Crescent
WISBECH,
Cambridgeshire
PE13 1EH
Dated..
29th November 2023
Page 4

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
CLARKE'S MUSIC SERVICES TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30th JUNE 2023
Unrestricted Endowment
Funds
Fund
2023
2023
Total
2023
Total
2022
INCOME
Dividends- COIF Investment Fund
192
192
TOTAL INCOME
192
192
189
EXPENDITURE
Direct Charitable Expenditure- Music Grants
Management and Adminislralion Expenses
Clerk's Salary
Accountancy Fees
50
60
TOTAL EXPENDITURE
110
110
NET INCOMEI(EXPENDITUREI FOR THE YEAR
82
82
79
NET GAINSI{LOSSES) ON INVESTMENTS
Unrealised galnl{lossl on revaluation of investments
311
311
{409
NET MOVEMENT IN FUNDS
82
311
393
{330)
TOTAL FUNDS BROUGHT FORWARD
at 1st July 2022
959
6,334
7,293
7,623
TOTAL FUNDS CARRIED FORWARD
al 30th June 2023
1,041
6,645
7,686
7,293
Page 5

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
CLARKE'S MUSIC SERVICES TRUST
BALANCE SHEET AS AT 30th JUNE 2023
UnrestriGtod Endowment
Funds
Fund
2023
2023
Total
2023
Total
2022
FIXED ASSETS
Investments - 352.60 Shares COIF Investment Fund
Income Units- at valuation
6,645
645
TOTAL FIXED ASSErs
6.645
CURRENT ASSETS
Cash held by T¢)wnlands New Scheme
1,101
1,101
1,101
1,101
1,019
1,019
Credilors'.amounts falllng due wlthln one year
60
NET CURRENT ASSETSI{LIABILITIES)
1.041
1,041
959
TOTAL ASSETS LESS CURRENT LIABILrriES
1,041
7,686
7,293
NET ASSETS
1.041
6.645
7,686
7,293
TOTAL FUNDS OF THE CHARITY
1.041
6,645
7,686
7,293
Page 6

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
RELIEF IN SICKNESS FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30th JUNE 2023
Unrestrlcted
Funds
2023
Endowment
Fund
2023
Total
2023
Total
2022
INCOME
Investment Income
Interest- Deposit account
TOTAL INCOME
EXPENDITURE
DireGt Charitable Expenditure- Land
Management and Administration Expenses
Clerk's Salary
Accountancy Fees
50
60
50
TOTAL EXPENDITURE
110
110
110
NET INCOMEIIEXPENDITURE) FOR THE YEAR
{110)
(1101
{110)
NET GAINSIILOSSESI ON INVESTMENTS
Realised disposal of inveslment
NEf MOVEMENT IN FUNDS
{110)
{110)
(110)
TOTAL FUNDS BROUGHT FORWARD
at 1st July 2022
6,326
6,326
6,436
TOTAL FUNDS CARRIED FORWARD
at 301h June 2023
6,216
6,216
6,326
Page 7

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
RELIEF IN SICKNESS FUND
BALANCE SHEET AS AT 30th JUNE 2023
Unrestrfcted
Funds
2023
Endowmont
Fund
2023
Total
2023
Total
2022
CURRENT ASSETS
Debtors
Cash held by Townlands New Scheme
8,276
6,276
6,276
6,276
Creditors.'amounls falling due wthin one year
60
NET CURRENT ASSETSI{LIABILrriES)
6,216
6.216
6.326
TOTAL ASSETS LESS CURRENT LIABILrriES
6.216
6.216
6,326
NET ASSETS
6,216
6,216
6,326
TOTAL FUNDS OF THE CHARITY
6,216
6.216
6,326
Page 8

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
TOWN LANDS NEW SCHEME CHARITY
INCORPORATING TOWN LANDS THOMAS CRIPLIN JOHN SWAINE
THOMAS SWAINE AND ELLARD GRIFFIN CHARITIES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30th JUNE 2023
Unreslrlctéd Endowment
Funds
Fund
2023
2023
Total
2023
Total
2022
INCOME
Rent
Investment Income
Interest
- COIF Deposit Account
Bank and Deposit
Dividends - COIF Investment Fund
Distribution - M&G Charrfund Investment
37,827
37,827
37,679
9.722
9.722
9.314
TOTAL INCOME
47,552
47.552
46,994
EXPENDITURE
Dlrect Charltable Expendfture
Grants & donations
Charlton's Dole
- Town Lands Educational Fund
Music
Individuals
Defribrillat
8,715
18.850
250
12.210
8.713
18,850
250
12.210
8,970
16.100
500
15.150
Administratlon
Insurance
Land maintenance
Clerk's Salary
General Expenses - Allotments & Miscellaneous
Accountancy Fees
Professional Fees
276
276
253
2.464
3,650
395
1,740
2.114
3,650
144)
1.740
2,570
3,650
144)
1,740
2,570
TOTAL EXPENDITURE
48,217
52,096
NET INCOMEI(EXPENDITURE) FOR THE YEAR
NET GAINSI{LOSSESI ON INVESTMENTS
(6651
{6651
15,102)
Unrealised gainl(lossl on revaluation of investments
229
(10,796)
(10.567)
113,420>
Transfer between funds
NET MOVEMENT IN FUNDS
{436}
110,7961
{11,232}
{18,522)
TOTAL FUNDS BROUGHT FORWARD
at 1st July 2022
TOTAL FUNDS CARRIED FORWARD
at 30th June 2023
58,452
1.665,688
1,724.140
1,742,662
58.016
1,654,892
1712 908
1,724,140
Page 9

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
TOWN LANDS NEW SCHEME CHARir
INCORPORATING TOWN LANDS THOMAS CRIPLIN JOHN SWAINE
THOMAS SWAINE AND ELLARD GRIFFIN CHARITIES
BALANCE SHEET AS AT 30th JUNE 2023
Unrestricted
Funds
2023
Endowrnont
Fund
2023
Total
2023
Total
2022
FIXED ASSETS
Investrnent Propety- Land
Intangible Asset
1,349,307
5.993
1.349.307
1,349,307
5.993
Investments-
COIF Investment Fund Income Units
Cofunds Unit Trusts - Aegon Trust Fund
Aegon Trust Fund ref UR
COIF Propety Fund
66,828
178.126
66.828
178.126
36,426
54.638
336.018
1.691,318
63,703
178,075
36.197
68,610
346,585
1,701.885
36.426
54,638
299,592
1.654.892
36,426
36,426
TOTAL FIXED ASSETS
CURRENT ASSETS
DebloTS
Cash at Bank
Bank Deposit
219
37.692
824
219
37,692
824
219
37.649
821
38.735
38.735
38,689
Creditors'.amounts falling due within one year
Cash held on behalf of Educational Fund
Cash held on behalf of Clarke's Music Service Trust
Cash held on behalf of Relief in SiGkness Fund
1,741
8,028
1,101
6,275
17,145
1.741
8.028
1,101
6,275
17,145
1,741
7.288
1,019
16,434
NET CURRENT ASSEfsi{LIABILITIES)
21.5g
21,590
22.255
TOTAL ASSETS LESS CURRENT LIA8ILrriES
58,016
1,654,892
1.712,908
1,724,140
NET ASSETS
58.016
1.654,892
1,712,908
1.724.140
TOTAL FUNDS OF THE CHARITY
58,016
1,654,892
1.712,908
1,724,140
Page 10

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
TOWN LANDS EDUCATIONAL FOUNDATION
STATEMENT OF FINANCIAL ACTIWTIES
FOR THE YEAR ENDED 30th JUNE 2023
Unrestrictod Endowmenl
Funds
Fund
2023
2023
Total
2023
Total
2022
INCOME
Investment Income
Donation - Town Lands Charity
Dividends- COIF Investment Fund
Interest - Bank Deposit Acwunl
18.850
1,778
18
18,850
1.778
18
16,1(M)
1,754
TOTAL INCOME
20,646
20,646
17,854
EXPENDITURE
Dir&1 Charitable Expenditure- Grants to Individuals
18,850
18,850
16.100
Clerk's Salary
Accountsncy Fees
50
50
60
TOTAL EXPENDrruRE
18,960
16,210
NET INCOMEI(EXPENDITUREI FOR THE YEAR
1.686
1,686
1,644
NET GAINSI{LOSSES) ON INVESTMENTS
Unrealised gainsl{lo$$e$) on revaluation of investme.
2.875
2.87S
3,791
NET MOVEMENT IN FUNDS
1.686
2.875
4,561
(2,147}
TOTAL FUNDS BROUGHT FORWARD
at 1st July 2022
11,743
58.613
70,356
72.503
TOTAL FUNDS CARRIED FORWARD
at 30th June 2023
13.429
74.917
70,356
Page11

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
TOWN LANDS EDUCATIONAL FOUNDATION
BALANCE SHEET AS AT 30th JUNE 2023
Unrestricted Endowment
Funds
Fund
2023
2023
Total
2023
Tolal
2022
FIXED ASSETS
Investments-
3263.12 Shares COIF Investment Fund
Income Units - at valuation
61,488
61,488
58,613
TOTAL FIXED ASSETS
61,488
61,488
58,613
CURRENT ASSErs
Cash at bank (Townsland & Swaine)
Bank Deposit Account
8,027
5,632
13,659
8,027
5,632
13.659
7,288.00
4,685
11,973
Creditors'.amounls falling due within one year
230
230
230
NET CURREKf ASSETSI{LIA8ILITIES)
13,429
13,429
11,743
TOTAL ASSETS LESS CURRENT LIABILITIES
13,429
61,488
74.917
70.356
NET ASSETS
61,488
TOTAL FUNDS OF THE CHARITY
Page 12

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 301h JUNE 2023
1. A¢¢ounting Policigs
Accounling convention
The financial statements are prepared under the hlstorical cost convention as modrfied by the inclusion of
investments at market value and in accordance with applicable accounting standards. In preparing the financial
statements the Charity follow5 best practise as laid down in the Statement of Recommended Practice..
Accounting and Reporting by Charities. (SORP 2015) {effective 1 January 2015.)
Incorne- Rent is dealt Nwth on a cash basis. No account has been taken of rent prepaid
or accrued. Accrued income has been provHled for Investment income recesvable.
Expendlluré - Expenditure is included on an accruals basis. Expenditure includes input VAT ￿lch
Cannot be recovered and is repcffted as part of the expenditure to which il relates.
Invèstmonts - Current Asset Investments are valued as follows-,
a) COIF Investment Fund Income Units al value published by Charities Offici81 Investment Fund.
b) M & G Charrfund al value published by M & G Securities Limited.
cl Unit Trusts held under the ufflbrella of Cofvnds Ltd al published bid value at Balance Sheet date.
d) COIF Property Fund at published bid value at Balance Sheet date.
Realised and unreallsed gains and losses on investments are dealt with in the Statement of Financial Activities.
Land - The Trustees have valued the land held for inve9tment purposes at 30th June 2023 on the basis of current
circumstances. at approximately £4,0(KJ per acre for Agricultural Holdings, and £8,000 per acre for Farm Business
Tenancies. The Trustees believe that this valuation is appropriate al this time.
Taxation - As charrtable organisations, none of the funds are $ubje¢t to In¢ome Tax. and
therefore interest and investment income ig shown gross received. The charities are ineligible lo
redaim input VAT and all expenses are shown indusive of Value Added Tax.
2. Town Lands New Scheme. Flxed Assets
Land
Endowment Fund
Land
Goneral P
Oso Fund
Cost and Valuatlon..
At 1 st July 2022
Revaluation
Additions
Disposals (deemed cost}
1,349,307
At 30th June 2023
1,349,307
Net Book Value:
As at 30th June 2023
1,349.307
As at 30th June 2022
1,349.307
The original cost of Land shown at valuation is £470,959.00.
Page13

LEVERINGTON FEOFFEES
CHARITABLE TRUSTS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENOED 30th JUNE 2023
3. Town Land8 New Scheme - Intanglble Assets
Intan Ible Assets
Endowment Fund
Intan ible Assgts
General Pu
ose Fund
Entilements Brought Forward
Additions
5993
Value as at 30th June 2023
5,993
4. Town Lands New Scheme- Fixed Asset Investmonts
Endowment Fund
General Pu
ose Fund
Market Value Brought Forward
Less Disposal at Carrying value
Invested
Add net gainlloss) on revaluation
Market Value as at 30 June 2023
318,950
41,055
10,796
308.154
229
41,284
Page 14