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2025-12-31-accounts

The Poors Estate and Others

Nafferton Feoffees CharitiesTrust (Charity Number 232796)

Annual Report of the Trustees 2025

The Trustees 2025

Dr D F Wigglesworth Chairman (Appointed 2025) Mrs M A Buckton Honorary (Appointed Secretary 2021) Mrs F Trewartha Vice Chairman (Appointed 2024) Mr I Kitching (Appointed Mr H Glover 2025) Mr.S Sharp (Appointed Mr N Robson 2021) Mr T Wakeley (Appointed Mr A Sheldon 2025) (Appointed Non trustee Mr N Waites 2022) Hon Treasurer (Appointed 2022) (Appointed 2025)

Structure and Governance

The three charities known as the Poors Trust, the Town Trust, and the John Baron Trust covering the ecclesiastical parish of Nafferton, Wansford, and Pockthorpe, are operated together, and known as the Nafferton Feoffees Charities Trust. The scheme incorporates the schemes of 1890, 1960, and John Baron’s Will of 1709, regulated by the revised scheme of 1974. It also now incorporates the Charities of Alice Jefferson of 1939, the Charity of Mary Jefferson of 1940, and the Charity of Thomas Paul Jefferson in the matter of the Charities Act 1960, and additionally the Charity of George Hodgson of 1874 in the matter of the Charities Act of 1960 and 1980, and the merging Scheme of September 2020.

There are 9 trustees of the scheme. These comprise of two nominated trustees from Nafferton Parish Council and one nominated trustee from Wansford Parish Council (all 4-year appointments), with 6 co-opted trustees (5-year appointments). Co-opted trustees can be proposed for consideration by nomination; persons with appropriate skills have the opportunity to offer themselves for selection, and appointment.

Grants and disbursements are normally spent annually and derived from interest or dividends from invested capital funds, and income from rental of property and agricultural land. However, the Trustees may carry funds over from one year to

another to enable disbursements to be deferred or larger, in any one year as decided by the Trustees. Capital Funds may only be used for the purchase of property, exceptional equipment, or land for the benefit of the Parish. On disposal of any property, or land asset, the proceeds shall be returned to investment capital. The objectives of the Trust are;

Financial Review

The total assets of the Trust at 31[st] Dec 2025 were £1241,965 (£1,208,56 in 2024). This includes the property and land owned by the Trusts (£496,075), which have been actively managed and maintained during the year, but the main asset is invested funds in Bank deposits and Investment Funds with CCLA of £734,286.

The income generated from these assets and other financial investments was £32,080 (£33,261 in 2024). This has enabled grants and disbursements of £29,774 to be made during the year.

Administration expenses incurred by the Trust (£11,994) in the year were largely due to maintenance costs of the cottages and legal expenses in setting up lease arrangements for Nafferton Community Orchard in the Nethergate field.

The Charity Trust does not act as custodian trustees for any other Charities.

Achievements and Performance

The Trustees of Nafferton Feoffees Charities Trust have had four meetings during the year 2025.

There has been one trustee change in the past year. Mr Nick Waites has stepped down as trustee, due to his relocation. He has been replaced by Mr Alex Sheldon as a representative trustee of Nafferton PC.

Mr Nick Waites still however continues as treasurer to the trust.

As in previous years, the largest disbursements in the last year have been for the Scholarship scheme. Other recipients of grants have once again been several village groups and youth organisations, and individual young people to help with their wider educational and sporting needs, and towards furthering the fabric and appearance of the village of Nafferton. The Trust also supported Nafferton WI, Nafferton in Bloom,

The Trust continues to fund its annual scholarships (the scheme is now in its twenty first year), to two local students entering University on a degree course, for their course duration- they receive £3000 and £2400pa. We have funded additional smaller awards too. The bursary recipients continue to express their gratitude for the support, and enthusiastically report their progress to us. The trustees have agreed to award two bursaries for the next financial year and continue to explore other ways to help non-university students develop skills and gain qualifications locally too.

Further grants have been made to Nafferton and Wansford Newsletter, Wansford Bus Shelter and Nafferton Scouts amongst other donations.

During the past year the Trust has continued its investment in the Parks to provide improvements for community benefit, including investment in the grass management, planting of trees, a wildflower area.

The Nafferton Community Orchard in the Nethergate field is now established, having been planted up with fruit trees and mixed deciduous trees last march. The Nafferton Feoffees Trust have released the former tenant and leased the land to the Orchard Trust on a long lease. The Orchard has been the recipient of support from Humber Forest who have donated and planted the trees.

Public Benefit

The trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties during 2025.

Report Confirmed by Trustees

Date; at the AGM of the Trustees on 20[th] April 2026. Address of Honorary Secretary of Nafferton Feoffees Charities Trust

South Cattleholmes Farm Wansford DRIFFIELD YO25 8NW

Dr David Wigglesworth Chairman

20th April 2026

NAFFERTON FEOFFEES

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025 Registered Charity No. 232796

Page 1

NAFFERTON FEOFFEES

Financial Statements for the Year Ended 31 December 2025

Contents Page
Independent Examiner's Report 3
Statement of Trustees' Responsibilities 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the financial statements 7-9

Page 2

NAFFERTON FEOFFEES

INDEPENDENT EXAMINERS REPORT YEAR ENDED 31 December 2025

Report of the independent examiners to the Trustees of Nafferton Feoffees

We report on the accounts of Nafferton Feoffees for the year ended 31 December 2025 which are set out on pages 3 to 5

Trustees

The trustees at the financial year end were as follows: Dr D F Wigglesworth Mr H Glover Mr A Sheldon Mrs F Trewartha Mr N Robson Mr S Sharp Mr I Kitching Mr T J Wakeley Mrs M A Buckton

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the accounts.

The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is our responsibility to:

(a) examine the accounts under section 145 of the 2011 Act;

(b) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

( c) to state whether particular matters have come to our attention.

Basis of the independent examiner's report

Our 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 includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

(1) which gives us reasonable cause to believe that in any material respect the requirements:

(a) to keep accounting records in accordance with section 130 of the 2011 Act; and

(b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed by : Jackson Robson Licence, Chartered Accountants

33-35 Exchange Street, Driffield, East Yorkshire, YO25 6LL on: 13/04/2026

Page 3

NAFFERTON FEOFFEES

Financial Statements for the Year Ended 31 December 2025

Statement of Trustees' responsibilities

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. In preparing those financial statements the trustees are required to:-

The trustees are required to act within the framework of trust law and the Charities Acts;they are also responsible for keeping proper accounting records. The trustees have a general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the funds and to prevent and detect fraud and other irregularities.

Annual Report dated: 20/04/2026

Page 4

NAFFERTON FEOFFEES STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025

Note
Incoming resources:
Income from investments
2.1
Gain on revaluation of investment property
7
Total incoming resources
Resources used:
Costs of generating funds
3.1
Grants and charitable donations
3.2
Trust management and
administration
3.3
Total resources used:
Net incoming/(outgoing) resources
Net movement in funds
TOTAL
TOTAL
Town
Poors
FUNDS
Town
Poors
FUNDS
Trust
Trust
2025
Trust
Trust
2024
£
£
£
£
£
£
-
32,080
32,080
-
33,261
33,261
-
80,000
80,000
-
-
-
-
112,080
112,080
-
33,261
33,261
-
11,036
11,036
-
5,213
5,213
-
29,774
29,774
-
31,300
31,300
-
958
958
-
888
888
-
41,767
41,767
-
37,401
37,401
-
70,312
70,312
-
(4,140)
(4,140)
-
70,312
70,312
-
4,140
-
4,140
-

Page 5

NAFFERTON FEOFFEES BALANCE SHEET YEAR ENDED 31 DECEMBER 2025

TOTAL
FUNDS
Note
2025
£
Fixed assets:
Tangible fixed assets
4
246,075
Intangible assets
5
588
Investment assets-other funds
6
734,286
Investment property
7
250,000
1,230,949
Current assets:
Bank current accounts
8
11,016
11,016
Net current assets:
11,016
TOTAL NET ASSETS
1,241,965
FUNDS:
Capital Reserve
9
1,241,965
TOTAL FUNDS
1,241,965
Signed by the Treasurer, Mr N Waites
Approved and signed
by the Chairman, Dr DF Wigglesworth
on: 20/04/2026
on: 20/04/2026
TOTAL
FUNDS
2024
£
246,075
588
771,202
170,000
1,187,865
20,704
20,704
20,704
1,208,569
1,208,569
1,208,569

Page 6

NAFFERTON FEOFFEES NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025

1. Accounting policies (this note should be read in conjunction with the following notes 2 to 10) The financial statements have been prepared in accordance with the Charities Act 2006 together with applicable accounting standards and the Charities Statement of Recommended Practice.

The financial statements have been prepared under the historical cost convention with the exception of tangible fixed assets and investment properties which are included at valuation, and investment assets, included at market value.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Freehold land & buildings are not depreciated.

Investment assets

Investment assets are shown in the balance sheet at market value.

Investment property

Investment property has been accounted for in accordance with FRS 102 as follows: (a) investment properties are revalued annually and the gain or loss is taken to the profit and loss account.

(b) investment properties are not depreciated but remeasured to fair value at each reporting

Page 7

NAFFERTON FEOFFEES NOTES TO THE FINANCIAL STATEMENTS ( continued ) YEAR ENDED 31 DECEMBER 2025

2. Incoming resources
2.1 Income from investments:
Field rents
Cottage rents
Dividends received
Wayleave
Bank Interest received
Literature Society
2.2 Revaluation Reserve
Total incoming resources
3. Resources used
3.1 Costs of generating funds:
Legal costs
Trust costs
Professional fees - letting costs
Insurance
Land maintenance and park work
3.2 Grants, charitable donations
Grants
Scholarship expenses
Training
TOTAL
TOTAL
Town
Poors
FUNDS
Town
Poors
FUNDS
Trust
Trust
2025
Trust
Trust
2024
£
£
£
£
£
£
-
2,831
2,831
-
2,963
2,963
-
7,611
7,611
-
8,745
8,745
-
21,559
21,559
-
20,993
20,993
-
-
-
2
2
80
80
-
18
18
-
-
-
541
541
80,000
80,000
-
-
-
-
112,080
112,080
-
33,261
33,261
-
112,080
112,080
-
33,261
33,261
TOTAL
TOTAL
Town
Poors
FUNDS
Town
Poors
FUNDS
Trust
Trust
2025
Trust
Trust
2024
£
£
£
£
-
4,290
4,290
-
-
-
-
174
174
-
-
-
-
-
-
-
-
-
-
1,035
1,035
-
897
897
-
5,537
5,537
-
4,316
4,316
-
11,036
11,036
-
5,213
5,213
-
7,574
7,574
-
12,500
12,500
-
22,200
22,200
-
18,800
18,800
-
-
-
-
-
-
-
29,774
29,774
-
31,300
31,300

Page 8

NAFFERTON FEOFFEES NOTES TO THE FINANCIAL STATEMENTS ( continued ) YEAR ENDED 31 DECEMBER 2025

3.3 Trust management and
administration:
Professional fees
Banking fees
Total resources used
TOTAL
TOTAL
Town
Poors
FUNDS
Town
Poors
FUNDS
Trust
Trust
2025
Trust
Trust
2024
£
£
£
£
£
-
932
932
-
888
888
-
26
26
-
-
-
-
958
958
-
888
888
-
41,767
41,767
-
37,401
37,401

4. Tangible fixed assets

N
18th April 2019
Transfer of land from Jefferson and Hodgson Charity Trust
Land
£
186,075
60,000
246,075

VALUATION

The land comprises of a Grade 2 arable field, Bridlington Road, Nafferton, a Grade 3 arable field, Carr Lane, Nafferton and also Grade 3 grass field, Nethergate, Nafferton. The other properties owned by the trust have been treated in the financial statements as investment properties (see note 7).

5. Intangible assets
BPS Entitlements 3.27ha land - Ruston Parva - at cost
6. Investment assets
CCLA Investment Management
7. Investment property
18th April 2019
28 Station Road, Nafferton
30 Station Road, Nafferton
8. Bank current accounts and short term deposit accounts
Bank of Scotland Current Account
Savings Account
9. Capital Reserves
Movements on the Capital reserves were:
Capital Reserves at 1 January 2024
Total net movement in funds and Investment Property values
Increase / (Decrease) in value of Investments
Capital Reserves at 31 December 2025
2025
2024
£
£
588
588
2025
2024
734,286
771,202
2025
2024
125,000
85,000
125,000
85,000
250,000
170,000
2025
2024
919
10,686
10,097
10,018
11,016
20,704
£
1,208,568
70,312
36,916
-
1,241,963

10. Status of Funds

Both the Town trust and the Poors trust are general funds with no restrictions.

Page 9

NAFFERTON FEOFFEES INDEPENDENT EXAMINERS REPORT YEAR ENDED 31 Dectmber 2026 Reportof the independentexamine￿tO theTrustse¥ ol Nafforton Feoffeos We rewrt on the a￿Ount5 of Nafferton Feoffeesfor ihe yearended 31 December2025 are $etothon pages 3 10 5 TruÈteeg The Iruslees al ihe financial yearendwere a5 folb￿lS Dr D F w￿91&sWorth Mr8 F Trevwatha Mr H Ghwer Mr N RobsDn Mr T J Wskeley MrA$￿0 Mr S Shatp rsMA8uck Resp￿￿¥? respon6lbilfties oltwstees and exarnlner The truSt*$ Ère re8wnsi￿È forthe pttphration of the Éceounts. The trustees Cons￿erthat￿n audit13 not reqUI￿d lorthis yeBr under sectlon 144121 of the Charibe3 Act2011 (the 2011 Actl and ihal an Independent examinati￿ Is needed. lal &￿MIne the accounts under secbDn 14S Df the 2011 Act.. Ibl io folkny the prwedures laid d(wn In the general Directions given by the Charity Comrmission under section 14515llbl ofth$ 2011 4th, and I cl to state whetherparticular mattets havp CDmpto ourgttention. Bas55 ofthe Independent exarnlnerfs ￿port Durexamination w8$ tAmed OUL in a¢¢Ordantt wth the yene￿ Direetions oiven bythe Charity commiss￿n. An examination Indudes a review olthe axounting records kepi by the Charty and a cofflpar190n oflhe axounls presented Wilh those Tecords. It also Indudes ￿nsIderatIon of any unusual Ilerns or di$dosures In th8 ar¢ounts, and $88king 8X￿anatIonsfr0M you 3$t[u8t￿¢0ncorrnlng sny $urh matter8. The procedures undErtaken dD not prowdeall the evidence thstwould be requirEd In an audit End consequently no opinion IS oiven 8$ to whetherthe BCCOunts preaent8 Ime and 18ifvieW Bnd the report is limited to those Mat￿r5 seioui In the staterneni below. Indep8ndwnt exarninerfs statfjment In connection with ourexaminabon. no matter hascoffleto ourattention. 111 which gives us TeasOnab￿ cause to believe ihal in any tnaterial respect the requir&ments'. lal to kéop accounting rocords In accord0￿&￿th section 130 of the 2011 Ad, and Ibl to prepare account8 which accord the accounbno re¢otds and totnply th the accounbng requ1￿MentS olthe 2011 A have not been met,. or 121 tDwhich, in ouropiniDn, 8tt8ntion shDuld b8drawn In ordértD8natl8 a prDP8r understsnding of the ÉC¢Ounts to bè rèaehèd slgned by.. Jackson Rol)son L(cence. ¢hartered Ac¢ouDtants 33-35 Exchanue Straet, Drrffield, East Yorkyhir8, Y025 6LL on.. 1310412026 P8w3