REGISTERED CHARITY NUMBER.. 235330
Rt
rtof
ho Tru$te¢$ and
Unauditèd Financial StaterneniB for the Year Ended 31 De¢ernber 2024
for
onT
Ha

Thè Ha
Town Trus
Contents of the Financial Statements
for the Year Ended 31 December 2024
Page
Report of the Trustees
1to2
Independent Examinerfs Report
Receipts and Payments Account
Slatement ol Assets

Th• Harton Town TTUSt
rt of the Trustses
for th Year Ended 31 December 2024
The trustees present thelr report vthh the financial statements of the charity for the year ended 31 December 2024
prepared undei Ihe ieceipts payments b8SiS.
OBJECTIVES AND ACTIVITIES
Objectlves and alms
The Charity's main oble¢tNe Is to provide affordable rented housing in Harton Town.
In setting their objeclNes the tru31ee8 have given careful consideration to the Charity ccrfnmission's general guidanc& on
public benefft.
ACHIEVEMENT AND PERFORMANCE
During the year the trustees have achieved the main aims and objective$ of the tharrty, by providing aftordable iented
accommodation in the Harton T¢)wn area.
The trustees Are conllnually spending on the maintenance and improvèmént of the Tru8fs house5 to provide tenants ￿lIh
safe and comfortable ac(x)rnrllodation.
FINANCIAL REVIEW
Resejves pollcy
At the year end, the charity cash rèserve$ amounted to £87,329.
The Trustees reserves policy is to ke9p thè cash reserves al be￿en £S0,OCKJ and £100,000 to ￿Ver 2 10 3 years of
normal expenditure plus any major one off repairs required to the propeities. Thè investment a&8el is held as a
designated reserve for improvements needed lo the freeh￿d property.
The propety valuations on page S are out of date. but th8 trustees believe that there is no beneffil, u$MI9 Chaiitable fvnd
lo have the valuations updated. The figures shoul¢J therefore be looked at purely as a general guide lo the assets held by
the rharity.
STRLICTURE, GOVERNANCE AND MANAGEMENT
Govemlng document
The Chatty is controlled by its goveming docajm￿rt dated 24th Aug￿$1 1995, a deed of trust and constitutes an
unincorpDf8ted charity.
Recrultment and appolntm•nt of rt•w tru¥te
Trustees are appointed by invitation from the serv5ng trustees.
IndLr¢tlon and tralnlng of trustsB•
Truslees are aware of their legal obligatlons under i*arty law. In the event of a new appointment. the board of trustees
arejointly responsible for briefin9 a new trustee on their obligab'ons. Extemal training may be provided if VL is considered
usefvl for the ongoiro stew&rdship of the ch8tity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty numbor
235330
Prin¢ipal address
11 Jeffery Close
Hartland
Bideft)rd
Devon
EX39 6HT
Page 1

for th? Year End?d 31 Decembfrr 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Trustee$
Mts M Bremridge
S Cook
J Dawkins
J George
B Heard
Mrs J Johns
Mrs D ¥Nd(field
Secr*tsry
Mrs T Selrgman- ￿$19r￿d 25.10.2024
Independent oxaminer
Metherell Gard Ltd
Chartered Accountants
Bum View
Bude
Comwall
EX23 8BX
Approved by order ol the board of twstees on ....
and signed on ts behglf by".
Mrs J Johns- Trustee
Page 2

nd9
endent Exarnin
$Re
ort to the Tru$tees of
rton Tovffl Trust
I report to th6 charity trustees on my examination ol the accounts of the charity for thé year ended 31 December 2024
set out ￿ pages four io five.
Re8pon$lbllltles and basis of roport
As th8 tharity's trustees you are rèsponsible for the preparation of the accounts in accordanctr with the requlrem6nts ol
the Charities Act 20111.the Act'l.
I repDrt ITI respect of rny examination of the charity's accounts carried out under se¢tson 145 ol the Act and in ￿ry1￿j out
my examination I havo followed all the applicabk DireGtions given by th8 Charity Commission under section 145{5llbl of
the Act.
Independenl examlneP5 Statement
I have cornp18ted my examination. I confirrn that no material matter5 have come to my attention in conn*cty'on wlh the
examination giving me cause to believe that in any materfal respect
accounting r8cords were not kept In respect olthe char¢ty a5 required by sects.on 130 of the Ac( or
the accounts ¢Yo not accord wilh those records
{21
I have no coneerns and have com? across no other matters in ¢onnection wth th8 8xarnination to whkh attenti￿ shoukl
be drawn in this ￿port in ordeT to 8nabk a prcper under5tsnding ol the aceounts lo be reacmed.
David Ni
Mether811 Gard Ltd
Chartered Ac£o¢Jntants
Burn View
Bude
Comwall
EX23 8BX
Dats..
Page 3

Thè Harton
ow
rust
Re¢el ts and Pa ments Accournt
for the Year Endgd 31 DeceM￿r 2024
2024
Totsl
funds
2023
Total
funds
Unrestrfcted
funds
R88trlcted
funds
RECEIPTS
Charitable actiwties
Investment income
32.989
32,989
3,096
36,085
32.075
2,006
34.081
36,085
s•t and inve¥tm8nt $al•s
Total rec¢lpts
36,085
36,086
34.081
PAYMENTS
Charitab18 ad'wth85
Support Costs
32.892
1.641
32.892
1,641
23,539
1.285
Total payrnents
34,533
34,533
24.824
NET RECEIPTSIIPAYMENTS}
1,552
1,S52
9,257
RECONCILIATION OF FUNDS
Cash funds brou9ht forward
85,777
85,777
76,520
CASH FUNDS CARRIED FORWARD
Page 4

The Harton Town Trnst
Statement ol As
et8
for tho Ygar Ended 31 D•e•rnber 2024
2024
Total
lunds
2023
Yotal
fund8
Unrèstdet•d
funds
Rèstrlcied
ltsnds
CASH FUNDS
Petty cash
Cash at bank
87,329
87.329
87.329
B7,329
85.777
85.777
INVESTMENT ASSETS
COIF charity investrnent lund lat ojrrent waluaboNI
62,03g
62,039
60.382
ASSETS ReTAINED FOR THE CHARIThS OWN USE
Freehold property lat 2012 vatuath.onl
1,172.500
1,172,500
1.172.500
The financial statements were apprDved by th8 Board ol TrLF3te85 On ..
and werè signed on its bèhalf by..
Mrs M Bremridge
-Trustse
Mrs J J¢*n5
-Trustee
Page 5