2022-12-31-accounts

NEW ALRESFORD TOWN TRUST Charit No. 239052 y

Annual Report and Accounts for the year ended 31[st] December 2022

Current Trustees

Mrs V Andrews (Chair) Mr R V Atkins (Treasurer) Mr R K Gentry Mr E Jeffs Mr L Orton Mrs. P. McClelland Mr C A W Smith

Office: Old Fire Station, 54 Broad Street, Alresford, SO24 9AN

Independent Examiner: Mr H Sethi, F.C.C.A.

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NEW ALRESFORD TOWN TRUST

Contents

Annual Report of the Trustees ................................................................................................... 3 TRUST DEED ....................................................................................................................... 3 STRUCTURE OF THE TRUST ................................................................................................ 3 OBJECTS OF THE TRUST ..................................................................................................... 3 PUBLIC BENEFIT STATEMENT ............................................................................................. 4 PRINCIPAL ACTIVITIES ............................................................................................................ 4 TRUSTEES ............................................................................................................................... 4 SEPARATE ACCOUNTS ............................................................................................................ 4 ANNUAL REPORT AND ACCOUNTS ........................................................................................ 5 RESERVE FUNDS AND ACTIVITIES ...................................................................................... 5 ACTIVITIES 2022 ..................................................................................................................... 8 ACKNOWLEDGMENT OF GRATITUDE................................................................................... 11 BALANCE SHEET AS AT 31[ST] DECEMBER 2022 ......................................................................... 12 STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31[ST] DECEMBER 2022 ................... 13 RESPONSIBILITIES OF THE TRUSTEES ................................................................................... 20 INDEPENDENT EXAMINER’S REPORT ....................................................................................... 21

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NEW ALRESFORD TOWN TRUST

Annual Report of the Trustees

The Trustees present their Annual Report together with the Financial Statements for the year to 31[st] December 2022.

TRUST DEED

The current Deed is dated 11[th] October 1989 and is the Trusts Governing Document. This has been amended by Order of Charity Commission dated 12[th] February 2004, by a Trustees’ resolution on 8[th] October 2012, and by Memorandum of Amendments dated 15[th] July 2015.

STRUCTURE OF THE TRUST

1) Background

The Trust was incorporated on 28[th] March 1890 as the successor Organisation to the Bailiff and Burgesses. The Charity Commissioners have regulated the Trust throughout its existence, and agreed that 9 Trustees should run the Trust with 5 being nominees of the Parish (now Town) Council and 4 by co-options. The relationship during the 120+ years between the Trust and the Council had been difficult with many conflicts of interest.

2) Current Position

Consequently, on 15th July 2015 the Trust with the agreement of the Town Council and approval of Charity Commission has amended the Governing Document in several Key areas: -

• a. Introducing a scheme of membership whereby residents mainly in the SO24 area can join the Trust for a ‘one off’ payment of £5.00 and 140 Members have so far signed up.

• b. Allowing the members to elect up to 5 Trustees every 4 years commencing at AGM on 23rd February 2017. As a result of Covid the members last election date was 22[nd] April 2022.

Details of all the three Memorandum of Amendments are set out on the Trust’s website, together with the covering letter from the Charity Commission.

OBJECTS OF THE TRUST

The preservation of land, trees, Buildings and documents in New Alresford and such other charitable purposes for the general benefit of the inhabitants of the Parish of New Alresford. The other charitable purposes currently are the restoration of the Eel House, the Arthur Stowell History Fund, the Alresford Museum, Emergency Funding for deserving cases and the Community Minibus.

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PUBLIC BENEFIT STATEMENT

The Trust, which is an independent charity, has carried out its objectives under Clause 22 of the Trust Deed by providing public benefit to the local Community, particularly the residents of New Alresford (see below).

PRINCIPAL ACTIVITIES

The Trust’s principal activities in New Alresford are: -

• Operating a local Community Minibus

• Running markets in Broad Street.

• Ownership of the Old Fire Station.

• Maintaining The Avenue and Trees in Broad Street.

• Administering the Arthur Stowell History Fund.

• Operating a 99-year Lease on the Eel House and finalising its restoration.

• Setting up and operating the Alresford Museum.

• Emergency Funding for deserving cases, including Covid.

TRUSTEES

The following Trustees served during the year as follows:

Vanessa Andrews Co-opted Trustee appointed 15/6/2022 Robin Atkins Co-opted Trustee appointed 13/10/2019 Roy Gentry Members Trustee elected 23/04/2022 Ernest Jeffs Co-opted Trustee appointed 15/08/2022 Penny McClelland Co-opted Trustee appointed 9/09/2020 Len Orton Co-opted Trustee appointed 10/3/2022 Andrew Smith Members Trustee elected 23/4/2022

During 2022 the Trustees carried out their principal activities by delegating responsibility as follows: -

Vanessa Andrews Market from October 2022 and secretarial Robin Atkins Chair, Treasurer, Market and Fair Roy Gentry Alresford Museum and Website Ernie Jeffs The Avenue Len Orton Market and Clock Penny McClelland Open Days Eel House and Covid Fund & Membership Andrew Smith Suppliers Contracts.

SEPARATE ACCOUNTS

The Trust analyses between the following Designated Funds:

1. General Fund

2. Minibus Account

3. Arthur Stowell History Fund

4. Eel House

5. Alresford Museum

6. Emergency Fund for deserving cases including Covid relief

7. Sinking Fund

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Although the funds as allocated are not held in distinct accounts, they are dealt with in the Trust as respectively Restricted and Unrestricted.

ANNUAL REPORT AND ACCOUNTS

The Trustees have prepared accounts to 31[st] December 2022 in accordance with the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice Charity SORP 2005, and on the historic cost basis as modified by the revaluation of investments.

The Trust is classified as a smaller charity and so the Financial Statements require only independent examination, which has been performed by Mr H Sethi, F.C.C.A.

The Financial Statements are set out on Pages 12-20.

The net income of the funds to 31[st] December 2022 are summarised as follows:

Funds	Gross Income	Expenditure	Net Income
	£	£	£
General	22045	19663	2382
Minibus	11565	11442	123
Arthur Stowell	59	-	59
Eel House	4798	4310	488
Alresford Museum	6964	1793	5171
Sinking Fund	555	-	555
	45986	37208	8778

RESERVE FUNDS AND ACTIVITIES

The Trustees have reviewed their principal activities and considered the monies needed to carry out major projects to meet their objectives.

The Avenue

The land was conveyed to the Bailiffs and Burgesses in 1869 and then to the Trust on its corporation in 1890. The Avenue represents the Key feature to the western entrance of the Town and contains some 114 Trees, which are subject to Preservation Orders. Although the individual trees have long lives, they still need care and attention until they die.

The Trustees had set up a Sinking Fund for tree work needed to keep the continuance of The Avenue. The Sinking Fund has been increased by £555 with a balance at 31[st] December 2022 of £29575.

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Following the detailed review of each Avenue tree in 2021, major tree work was highlighted and the Trustees spent the sum of £1.4K during the year. The Trustees have spent £9.0k in total on The Avenue this year, which includes regular mowing and leaf clearance.

Museum

The Trust took over the defunct “Alresford and District Museum Trust” on 17[th] November 2011 with the object of continuing to acquire local artefacts and documents and the eventual objective of finding suitable premises to exhibit and display the material in the Town Centre.

Since November 2011 the Trust has spent nearly £7,000 in acquiring artefacts and documents as well as finding 400 items of archaeological interest in fields adjacent to Alresford. We will keep expanding the number of artefacts and documents.

The Trustees and its tenant, Artworthy Framing, agreed a new 12 year Lease in respect of the Old Fire Station from 1[st] January 2020, whereby the Trustees would occupy 2 rooms behind the Red Doors, and the tenant would use the remaining half of the building.

During 2019 the Trustees have used its room as a Museum for the old horse drawn Fire engine and artefacts. The cost of converting this room to a Museum Room was £13,764. It was first opened to the public on 15[th] September 2018.

The Trustees expanded the Museum area during 2020 into the second room. Further costs of converting this area amounted to nearly £23000.

Eel House

The Eel House was built in the 1820s by the then owners of Arlebury Park House and continued in commercial use until the late 1970s regularly shipping live eels to London. It was then abandoned for over 30 years and the site and the building became very overgrown.

In 2006 two volunteers began to remove the ivy; a job they did not expect would be difficult or expensive. As they cut the first thick stems there was a loud crack; the South West corner of the building had collapsed; all that was holding it up were the remaining stands of ivy. Years of neglect had allowed the river to scour out the ground beneath the building, assisted by the roots of a nearby Ash with the risk that it would crumble into the river.

With much goodwill all round, the owner granted the Town Trust a 99-year lease on the building at a peppercorn rent. This enabled us to search for charitable grants and tax efficient donations for reconstruction, and ensured the future of The Eel House.

Repairing the collapsed foundations and walls was the first priority followed the restoration of the external structure, rebuilding and repointing walls, replacing roof tiles, and installing new railings. This work was completed early in 2008 and the first open day was in April of that year.

The Eel traps have been restored and the essential work on the sluices ensures the Eel House continues to fulfil one of its primary functions; the flow of water in the river and its

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level upstream previously undertaken using timber and plastic sheet. This was completed in 2021 at a cost of some £25,000.

An Eel House booklet was launched on 18[th] April 2022 covering the History and Habitat, and this is available at open days for a small donation.

Open Days continued successfully in 2022.

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ACTIVITIES 2022

FINANCE AND RESERVES

The Trust has adopted a policy of medium financial risk with the majority of its current assets, reflected in the various funds, being invested on a short-term basis or with COIF Charity Funds on a long-term basis, which currently give a better dividend return than cash invested. (see Note 5). The Trust has no debt.

The Sinking Fund stands at £29.6K and will be built up to £50K during the next 20 years.

The General Fund stands at £82.2K and is adequate to cover the future activities.

The Accounts reflect the unrealised gains shown by revaluations as at 31[st] December 2022 of £345.3K as set out in Note 7.

MINIBUSES

The Trust has two Minibuses having acquired a new Minibus in April 2017 for £58,454 (see Note 2(c)). The old Minibus was restored in June 2017 and will continue to be run at least until December 2023.

The Minibus fares are based on donations which are at suggested rates well below commercial fares and consequently relies heavily on receipt of outside Grants (see Note 10), Gift Aid and Interest allocation.

OPERATIONS

NOTE Net Operational Receipts ADD: Grants 10 Gift Aid 11 Interest allocation 8 LESS: Depreciation for year Surplus for the year	£ -1153 3860 836 1406
	4749 -4626
	123

Following Covid the minibus operation has started to increase the number of journeys. Depreciation in the year £4626. (Note 2(e))

The Minibus Fund stands at £112.7K, which will be used in part to replace the older minibus, and of which £30K is deemed to be permanent Capital.

MARKET & FAIR TOLL

The Thursday market total income was £7196. Most weeks we have 10-12 stalls, with steady and loyal business for the core traders (fruit and veg, flowers, cheese, bread, olives, clothes) and a number of local small businesses offering home-made items and crafts.

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There were two Brocante markets in the year bringing in further income of £1100 taking the total market income to £8296.

The Watercress Festival, the Michaelmas Fair and a filming contract brought in a further £3800.

EEL HOUSE

The Trust has been granted an initial Licence to catch Eels for Educational and Scientific reasons. We intend to test the number of eels by initiating sessions to trap eels in future years.

There were six Open Days during the year with £1051 donated, plus an additional Open Day run by the Rotary club. It continues to be an enjoyable visit, and the new information boards and the brochure are much appreciated.

THE AVENUE

NATC agreed in 2010 to cut the grass on The Avenue and be responsible for costs of Arboricultural surveys every 4 years. In early 2016 NATC withdrew their financial support on these matters.

As a consequence, the Trust sought other finances which have been received as follows:

Sponsorship Donations Friends scheme Total for the year	£ 2000 125 731
	2856

Sponsorship was obtained from Hellards, Charters, CD Trees and Richard Steel totalling £2000 in the year.

The Friends Scheme involved payments of £25 per household per annum. 22 households renewed their contribution in 2022. The contributors are listed below: -

Robin Atkins; Mr & Mrs M Clayton; Simon Rickets; Catherine Brill; Charles Bazlinton; Mrs Jennifer Clelland; Dave Stow; Peter Bridges; Mrs J M Parker; Mr Roger Lockyer; Dorothy Hamilton; Felicity Dwyer; Gemma Allen; Mr & Mrs G Hand; Mrs. HughesOnslow; Mr & Mrs A. Canning; Roger Pearson: Barry Aked; Julia Maxwell-Tomlinson; Alicia Salter; Reginald Simmons; Robin Good.

MUSEUM

We entered 2022 free of Covid restrictions and managed 8 Open Days during the course of the year and all our visitors were most appreciative of their visit.

The outside decoration of the Old Fire Station has now been completed including a fresh coat of paint for the railings and gates. There is also a new member of the team, Fireman Sam, but he steadfastly refuses to move from the driving seat of the old steamer fire engine. During the year we have continued to acquire artefacts and photographs including some significant objects following the death of David Hasted, the son of Arthur and Winifred Hasted who ran Hasted’s the Butchers in West Street until 1963. These included an early

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19[th] century Alresford made grandfather clock, pictures, coins and medals which are now on display in the Museum. Just before Christmas we also received the special edition Prince William and Prince Harry Alresford Crafts dolls produced as limited editions at the time of their births. The Purkiss family gave us a 200-year-old miniature bone domino set made during the Napoleonic era by French officers held as prisoners of war. The case, no larger than a cotton reel, contains a complete set of domino pieces.

Our metal detecting activities, covering sites in Alresford, have been curtailed initially by the lack of sites, then extremely dry weather followed by heavy rain. However, we hope to be able to resume our activities in this area shortly.

We are looking forward to an exciting year and we are looking for people who can assist us in this endeavour. We particularly need stewards to man the Museum so that we can open more frequently. We especially need somebody to recruit and manage volunteer staff. If you can help, please contact Roy Gentry on [phone] or [e-mail].

EMERGENCY FUND FOR DESERVING CASES INCLUDING COVID,

The Trust made no payments of during the year leaving a closing balance of £4877.

CLOCK ON SWAN HOTEL

In 2014 The Trust purchased and installed a refurbished clock on the Swan Hotel to mark the 800[th] anniversary of markets in Alresford. A further re-furbishment took place in 2022 to maintain the clock in working order.

HISTORICAL DOCUMENTS

The Trust files all its important documents in the Hampshire Record Office and an up-todate list were last produced in Spring 2011. The Trust has agreed with the Record Office not to file documents until at least a period of 5 years has elapsed.

WEBSITE (www.towntrust.org.uk)

The website was launched in early 2009 and later extended to cover the history of the Trust and all its current activities. It also has a section to cover Press Releases and news updates.

PRESS RELEASES & PUBLICITY

The Trust advertises important events and activities by the website, press releases and reports as well as social media (Facebook and Instagram).

GRANTS, DONATIONS & GIFT AID

The overall total received by NATT was £19601 (see Notes 10, 11 and 12).

BREACHES OF RIGHT OF WAY OVER THE AVENUE

The Town Council has been notified of these breaches and the Trust’s lawyer consider that the Trust has a strong legal case. The Trust has carried out a Charity Act 2011 valuation under Section 119, as is required by law and a meeting between the valuers of both parties is expected soon to discuss and agree a figure for the Right of Way.

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ACKNOWLEDGMENT OF GRATITUDE

The Trustees would like to thank: -

David Woods who chaired the Eel House Restoration Committee.

Bernard Simmons and Judi Smith for managing the mini-bus operation.

All volunteer drivers who gave their time in driving and organising trips for the Minibus, and all volunteers who gave their time on Open Days.

Penny Claisse and Nick Denbow for their help on the Alresford Museum Committee together with Rich and Ann Pay.

Donors, Grantees and others who gave monies to the Trust and are listed in Notes 10 and 12 to the Accounts.

Jan Field for her help with work required on The Avenue and her volunteers.

Peter Bridges who maintains and cuts the grass on The Avenue and also looks after the trees on The Avenue and Broad Street.

V Andrews (Chair)

R V Atkins (Treasurer)

15[th] February 2023

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NEW ALRESFORD TOWN TRUST

BALANCE SHEET AS AT 31[ST] DECEMBER 2022

Notes FIXED ASSETS Clock 2a & 2f Old Minibus 2b New Minibus 2c Minibus Garage 2d Fixtures & Fittings 2f Investments – Property 3 Heritage Assets 6 Total Fixed Assets CURRENT ASSETS Cash at Bank Short Term Accounts 4a COIF Charity Fund 5 Stock 4c Debtors & Prepayments 4b Total Current Assets LESS CURRENT Creditors and accruals Net Current Assets NET ASSETS Represented by: Unrestricted General 9 Revaluation Reserves 7 Restricted Minibus 9 Eel House 9 Arthur Stowell 9 Alresford Museum 9 Emergency/Covid 9 Sinking Fund 9	31 December 2022 3637 1000 32400 3587 1128 250000 116301 408053 21693 45000 132657 477 3010 202837 1036 201801 609854 82172 345260 427432 112662 4758 3399 27151 4877 29575 182422 609854	31 December 2022 3637 1000 32400 3587 1128 250000 116301 408053 21693 45000 132657 477 3010 202837 1036 201801 609854 82172 345260 427432 112662 4758 3399 27151 4877 29575 182422 609854	31 December 2021 £ £ 895 1468 36000 4146 753 111698 116301 271261 11995 45000 150112 497 2866 210470 1504 208966 480277 79790 224413 304203 112538 4270 3340 21979 4877 29020 176024 480227	31 December 2021 £ £ 895 1468 36000 4146 753 111698 116301 271261 11995 45000 150112 497 2866 210470 1504 208966 480277 79790 224413 304203 112538 4270 3340 21979 4877 29020 176024 480227
	21693 45000 132657 477 3010		11995 45000 150112 497 2866
	202837 1036		210470 1504
	82172 345260		79790 224413
		609854		480277
		427432 182422		304203 176024
	112662 4758 3399 27151 4877 29575		112538 4270 3340 21979 4877 29020
		609854		480227

R V Atkins (Treasurer)

V Andrews (Chair) 15[th] February 2023

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NEW ALRESFORD TOWN TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31[ST] DECEMBER 2022

Notes GENERAL FUND Income Covid Grant 10d Rent from Old Fire Station Market Tolls Fair Tolls Wayleaves and Lease Interest & Dividends 8 Membership & Donations Avenue income 12 LESS: Expenditure Secretarial Costs & Expenses Maintenance – The Avenue Old Fire Station/Broad Street Insurance Book-keeping Sundry Expenses Depreciation on Fixtures/Fittings & Clock 2f Legal Expenses Donation to Alresford Society NET INCOME ARTHUR STOWELL FUND Interest & Dividends 8 NET INCOME EEL HOUSE FUND Income Open Days Gift Aid 11 Project Grants & Donations 10b Interest & Dividends 8 LESS: Expenditure Insurance/Expenses Project Cost NET INCOME	£ 2199 2400 8296 3800 52 1665 25 3608	£ £ 22045 (19663) 2382 59 4798 (4310) 488
	(568) (8988) (387) (2254) (600) (805) (513) (5048) (500)
	59 1051 161 3507 79
	(504) (3806)

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Notes £ £ MINIBUS FUND Income Donations Fares 5663 Operating Grant & Collections 10a 3860 Interest & Dividends 8 1406 Gift Aid 11 636 11565 LESS: Expenditure Operating Expenses (6816) Depreciation 2e (4626) (11442) NET INCOME ALRESFORD MUSEUM FUND Income Government Grants 10c 4866 Open days 977 Sponsorship 10c 500 Gift Aid 11 126 Interest & Dividends 8 495 6964 LESS: Expenditure Expenses (1793) (1793) NET INCOME SINKING FUND Income Interest & Dividends 8 555 NET INCOME TOTAL NET INCOME ON ALL TRUST ACTIVITIES IN 2022	£ 5663 3860 1406 636	£ 11565 (11442)	£ 123 5171 555
	(6816) (4626)
	4866 977 500 126 495
		6964 (1793)
	(1793)
	555
			8778

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NOTES TO THE ACCOUNTS

1) ACCOUNTS

The Accounts to 31.12.2022 have been prepared in accordance with the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the Statement of recommended Practice Charity SORP 2005, and under the historic cost basis as modified by the revaluation of investments.

2)

a) CLOCK

The clock was purchased and refurbished in 2014 at a cost of £2,911. A further refurbishment took place in 2022 at a cost of £3030, making a total cost of £5941.

b) OLD MINIBUS

Cost including refurbishment LESS: Depreciation to date (171 months) Net Book Value at 31.12.2022. Depreciation in 2022 was £467 NEW MINIBUS Cost in April 2017 LESS: Depreciation to date (68 months) Net Book Value at 31.12.2022. Depreciation in 2022 was £3600	£ 59844 (58844)
	1000
	£ 58454 (26054)
	32400

c) NEW MINIBUS

d) GARAGE EXTENSION

GARAGE EXTENSION
Cost in June 2009 LESS: Depreciation to date (163 months) Net Book Value at 31.12.2022.	£ 11178 (7591)
	3587

The garage extension is being depreciated over 20 years.

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e) Depreciation charge for the year

Depreciation charge for the year
Old Minibus New Minibus Garage extension	£ 467 3600 559
	4626

f) FIXTURES/FITTINGS & CLOCK

FIXTURES/FITTINGS & CLOCK
Clock Fixture Board (see below) Museum Cabinets/Notice Board Fair sign Barriers	Net Book Value Depreciation in Year £ £ 3637 288 263 - - 225 265 - 600
	4765 513

NOTE: The fixture board cost £623 in 2017 less £360 in donations have been received over years 2017-2022 from Robin Atkins.

3) OLD FIRE STATION

Gordon Thoday, MNAEA, Director of Hellards valued the buildings at 54 Broad Street for the purposes of the accounts at £250,000 on 13[th] September 2022. The revaluation reserve on this valuation is £213,302 (Note 7)

4)

a) SHORT TERM ACCOUNT

SHORT TERM ACCOUNT
Teachers Building Society Instant Access 90 Day Account	£ 10000 35000
	45000

b) DEBTORS & PREPAYMENTS

DEBTORS & PREPAYMENTS
Debtors Prepayments	£ 470 2540
	3010

c) STOCK

STOCK
Eel House postcards Minibus booklets Bench parts	£ 14 214 250
	478

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• 5) COIF CHARITY FUNDS

The Trust holds 7298 Income Units for the long term with a market value at 31[st] December 2022 of £132,657.

The loss in value of £17455 in the year has been debited to Revaluation Reserves, making the total unrealised gain of £15657.

• 6) HERITAGE ASSESTS

• a) The Trust owns the rights to all income from the use (mainly Markets and Fairs) in Broad Street. The Trustees believe that this is an asset, whose value should be based on 10 times income. The income from these rights in 2008 totalled £11,673; there was some small costs involved in producing this income.

The income for 2022 was £12096 and the Trustees have decided not to increase the value in the 2022 accounts.

The Trustees value this heritage asset at £116,300.

• b) The Trustees also own other heritage assets, which currently do not produce income namely: -

• The ownership, including the rights of way, of The Avenue to Drove Lane

• 99-year Lease on the Eel House.

• Ancient documents, Artefacts and Maces.

• Museum artefacts, fixtures and fittings.

The Trustees have valued these heritage assets at £1.

• 7) CAPITAL AND REVALUATION RESERVE

The Reserve at 31[st] December 2022 is made up as follows: -

Note Property 3 COIF 5 Heritage Assets 6a & b	£ 213302 15657 116301
	345260

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8) INTEREST AND DIVIDENDS

Total interest and dividends receivable during the year was £4259. This has been split/allocated on the basis of the average amounts held for each activity.

General Fund Arthur Stowell Fund Minibus Fund Eel House Alresford Museum Sinking Fund	£ 1665 59 1406 79 495 555
	4259

9) STATEMENT OF SEPARATE FUNDS FOR YEAR

Opening Balance Net Income Closing balance	General Fund Eel House A.S. Fund Minibus Fund Museum Fund Emerg’y Fund Sinking Fund £ £ £ £ £ £ £ 79790 4270 3340 112538 21979 4877 29020 2382 488 59 123 5171 - 555	Total £ 255814 8778
	82172 4758 3399 112661 27150 4877 29575	264692

10)

a) OPERATING GRANTS MINIBUS

OPERATING GRANTS MINIBUS
COUNCILS (3) Winchester City Council Old Alresford Parish Council Bighton Parish Council ORGANISATIONS & INDIVIDUALS (3) Andrew Smith Auctions Richard Steel & Partners Alresford Rotary	£ 2000 650 60	£ 2710 1150
	500 250 400
		3860

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b) EEL HOUSE GRANTS/DONATIONS

b) EEL HOUSE GRANTS/DONATIONS
Hellards Hampshire Wild Life Trust Old Alresford Parish Council c) MUSEUM GRANTS/SPONSORSHIP Government Grants Hellards Estate Agents d) GENERAL FUND Government Covid Grant Total of receipts in Note 10 11) GIFT AID Minibus Fund Eel House Fund Friends of The Avenue Football Fixture Board Museum Fund 12) AVENUE INCOME Friends of The Avenue (includes Gift Aid £131) Sponsorship Hellards Estate Agents Sponsorship Charters Estate Agents Sponsorship CD Trees Sponsorship Richard Steel Donation Mr. Cridland Insurance Claim		£ 250 3007 250	3507 5366 2199
		4866 500
		2199
			14932

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NEW ALRESFORD TOWN TRUST

RESPONSIBILITIES OF THE TRUSTEES

31[ST] DECEMBER 2022

The Trust requires the Treasurer to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Trust and of the surplus of the Trust for that period. In preparing those financial statements, the Treasurer on behalf of the Trust has:

• Selected suitable account policies and applied them consistently

• Made judgments and estimates that are reasonable and prudent.

• Followed applicable accounting standards.

• Prepared financial statements on a going concern basis.

The Treasurer and Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust, the Trustees are also responsible for safeguarding the assets of the Trust, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Financial Statements were approved by the Trustees at a Meeting on 15[th] February 2023.

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