CHURCH HOUSES CHARrrY MARIA COOK TRUST REPORTOF TrUSTEES FOR THE YEAR 2024 Trustees Revd Danlel Thompson Lrffiooas Rettorof St Leonarf5 Churth Mrs Jennlfw Locknlood ex ¢)ffi¢iti as Tntstee Administrator (Dep. Churchwarden of St Lard'S Chur¢h toll 31 Jan 20241 Bankers Lloyds Bank Thame CCLA In¥e5tment Management Ltd. Senty Hwst, 85 Qveen Vlrtorfa SL Lwdon. EC4V 5¢blt01$ Blake Mor8an. Seacourt rower. West Way. Oxford. OX2 OF8 The Trurt has no offices Ixrt moy be cont3rted vsa the Rector. Revd DonlThOl>s. at 10 Pr05pert Place, Wadiwn. OX49 51 Obrtl¥es In essente, to prowfle fund5 forthe malntenano and repalr and improvement of thè fabrit and tltrrtents of 5t Leonard's Churth and chwthyard. FlnaKe At the begiftning of the year, the Tnjst has princtpal assets: a parcej of land to the south of St Leonard's Church, which remained after the sale in 2018, was t0 the PCC ofSt Leonarfs Chur¢h for use a5 a Pvate carpark f¢Ya monthfy rental of £20. Th15 land rwnoins in the ¢>wnershlp of the Trust and as previou51y no value Is asslgned to IL cash iovested with CCIA to the value of £521,984 at the be8innin8 of January 2024 but thls redUd oTrfy to £518,045 by 31December 2024 (despite £30,OLKJ worth of shares being ¢ashed In throughout the yeor}. Thls was invested in accumulatlon units, that in lieu ol payirvd a re8vlar dFwdend. aUtomaCal resn¥e5tall in¢(Knefrtyn the assets Unden&the unlts and thereby contribute to the increase the valve of the units. In addition, theTrust ha(F a balance at Uoyds ot£4557.02 at the beginning of Jantlary 2024 increasing to E7720.89 on 31 December 2024. Actty The remalnder of the land has tonfjnued to be used a5 parknngforthe thuTth ènd some open spa. A5 anti¢ip3ttd, the application for a fotstpath INO 361 through the site ha5 been granted. alTr8 the diverted route 35 agreed with Oxfordshtrre Ctsunty Counul. Llurin8 2023, a majorprojertto renovate Irwirthe North A51e r(K)f. wth additior1 replacane¢rt of the drainage system, was carrled out, CQ5tin8 £74,558.17 èxduding VAT. The PCC was reimbursed to thls amount as the expendlture metthe oblectlves ol theTntst and w85 approvetl by the Trustees. Final payment of £4430.13 was paid in January 2024. In addttlon. a proiect to deveFop the rocrfn at the bottom of the Churth Toww. was explored (ln accdan wtth the conditions of the legacy left by the Willlamson famityl-the Cc$ involved of £12,380 were met equalfy by the TnJ5t and the vfiii3mson famllyfrom the f28.(KQ legacy invested In Marfa Cook fund 04rrin8 2024 Additional essential repair5 and maintenance were carried (Mjt on the churth duflngthe year and consÉquentty the PCC was reimbursed £19.616.C#l to meet the expenditure {less VAn underthat heading.
The Trust continued to receive £240 per year from the PCC for the area used as a (arpark fc thvrth YP•tre£5 CCLA performed well and only produced a small decrease of £3.939 in value over the year. 4Jesptte the Sale s(re T value of £30,OQJ during the year. Actwnt>. A summary of the TrusV5 finan¢ial arti¥lty in 2024 is shown below. ACCOUNTS FOR CALENDAR YEAR 2024 SUMMARY FOR ANNUAL REPORT Balance Sheètas * the Year End land investments cash 518.045.((1 7,720.89 $25,765.89 521,983.59 4,557.02 526yO.61 Uabllltles 525765.89 526,540.61 ewe5ented by. cash and investments at beginning of year net8rowth in investments totsl intorne for the year totsl expenditure for the year cash and investments at end of year 526.540.61 13Q38.591 30.240.00 s25.7659 In¢orne & Expttmllture At£ountforYèar Income sale Df CCLA shares turrent licenee re carpark Refund from PCC 60.c4X).(KJ 240. 240 30.240. f.240.th) ExpendltUfe- Rool Repx Arthitect Fees Contrtct ICELI fees 14,877.171 169,681001 14430.131 14430.131 174.558 171 ENpÈndlture-To¥thrr Room Prolert Arthibald Shaw Investi8ation wsts Archltects, fee5 Arthaeologist fees adjustment 1556.001 13.714.001 17.LX)O.001 11,iio.(K)I 13030.001 13030.WI 112,380.WI EMpebXIIYe- rnalntènan and fepalrs sundry items inc. Insurante, serviun8 of equipmenL etc 119616_(A)I 15.877.511 192.815.681 Totsl Expendllw 127076.131 3163 132.575 68 Surplusforthe Year
INDEPEPI)ENT EXMIINERE REPORT TO THE TRUSTEES OF MARJA C(J)K TRUST 2024 l E)rt to th8 rnunbw8 on my ex9n1tit ofthe of Maria c Tru8L forthe y erJed 31 tlecember 2024 the requIrts ofthg thwitses fvd2011 fft Prf). I rewrt in respeca ofmy examination of Ihe TnJstees ac£wnts caryied cArt urmjw $8cbon 145 ofthe Acl arKI NI c"ng out my examination, I have fol¢xd all the aptrA8 threctica% by Charity Cc¥nnI1m under 8eoon 14515llbl L th• Ind•pwthbt ExmIrS Statem ith ts examination gfves me cause to bek'eve that in, any mrid resp• Ihe ¥coxnting rncwjs VPrn keFI in aCtOrCe 8i( 130 rfthe Ch•ilie6 kt tv the Pjts ditj not COrd wth the atttsJnbr4J records.. c the ants did not comply Y¢h the apFlicat4e requiremwts QyyrrAng the forni and C of cc¢tsrts set wt In the rdevant Chanbes regulalic otry than Fequiremeht that th s4w a Id be dra in thFS ord¥to tle a w13nIrj ofthe £$10 be reathed. is6 Jlnirt Address 4 CLtham Rcod Wallin9 OX49 SJW