The Harold Dean Charities
Annual Financial Report for year ending 30[th] June 2025
Registered Charity no. 266850
Trustees: Mr G E Frost Mr G W Frost Mr R Goodwin Mr N Tibbenham Mr C Mosse Mr J Hutchinson Mr A Catchpole
The Harold Dean Charity was set up by the late Mr Dean, to administer two flooded ex-gravel workings in the parish of Weybread in Suffolk. The Charities remit was to gain income from these lakes to redistribute to local churches and other specified charities. The Trustees have subsequently gained the lease on a third lake to increase revenue potential. All the income is from a single source, i.e. the letting of the fishing rights on the three lakes.
In the year to June 2025 the total income from the fishing rights was £51495, out of this the angling club retain 25% for expenses, and so the net income was £38621 a decrease of £1167 on the previous year. The interest gained from the COIF Charity Fund deposit account was £2898, an increase of £521 on the previous year, in line with the improvement in the interest rate.
During the previous year the charity was given the opportunity to purchase the third lake which it currently leases. This would ultimately enable the charity to increase its revenue potential and save money on rent. The Trustees decided that they would commence fund raising for this purchase and at the 30[th of] June 2025 they had raised £5872 via the Just Giving platform in just a couple of months towards a target of £415000 with further fund raising and pledges to come throughout the remainder of 2025/26.
Operational expenses: Rents payable on the hire of the third lake remained at £2500. The Honorarium and Trustees expenses were similar to the previous year at £1706.Insurance costs were slightly down on the previous year at £544. Toilet Hire, maintenance and electricity were slightly up on the previous year at a total of £5774. There was also a cost for legal and valuation expenses with regard to the potential Ocean Lake purchase, and sundry printing and advertising expense of £651 to kick start the fund raising. There was also a cost of £600 audit fees for the accountancy firm.
The distribution to local charities was held at the same level as 2024, however it was decided to donate at a lower level to the national charities to retain some reserves towards the lake purchase. Therefore, the total distribution to charities was £6000 compared to £9500 in 2024.
At the year end there was a surplus of £26583 of income over expenditure.
The balance sheet consists only of money held in deposit and in the bank. Further to the accountant’s recommendation that the land should be included on the balance sheet, a valuation was obtained at £200000. Total reserves have increased by the surplus of £26583. The total reserves now stand at £2312367. The normal reserve policy is to retain one year’s income over and above the land valuation as a contingency against any unforeseen interruption to the income, but the Trustees are aware that to purchase the third lake they would have to increase the reserves in the short term.
The Charity does not have any debts.
The accounts were independently audited by Van Dijk Accountants. The Trustees agreed the accounts at their annual general meeting on November 22nd, 2025.
Chris Basford Secretary/Treasurer to the Trustees 30[th] November 2025
The Harold Dean Charity Registered Charity No. 266850
Accounts
for the Year Ended 30 June 2025
The Harold Dean Charity
Registered Charity No. 266850
Receipts and Payments Account for the Year Ended 30 June 2025
| RECEIPTS Rents - Harleston, Wortwell & District Angling Club Interest - COIF Charity Fund Donations - Just Giving TOTALRECEIPTS |
2025 £ 51495.00 2897.80 5872.68 60265.48 |
2024 £ 53050.00 2376.79 |
|---|---|---|
| 55426.79 |
PAYMENTS
| Donations Per Share £50 Waveney District Christian Aid 25 250.00 Harleston Royal British Legion 20 1000.00 Cancer Research 20 250.00 Fressingfield Methodist Church 40 2000.00 Norfolk and Norwich Scope Assn 25 250.00 Goodwin Hall Trust 10 0.00 Vsion Norfolk 20 250.00 London Road Church (Harleston) 40 2000.00 East Anglian Air Ambulance 40 0.00 Waveney Valley First Responders 10 0.00 Rural Coffee Van 10 0.00 260 6000.00 Expenses Management Fee - Harleston Wortwell DAC 12873.75 Rent of No.3 pit - C H Comber Ltd 2500.00 Ocean Pit Variation Agreement 2000.00 Accountancy Fees 600.00 Misc Expenses/advertisisng/printing 651.69 Maintenance 2540.55 Zurich Municipal Insurance 151.20 AXA Insurance 392.71 Hire of Toilet & Insurance - Harleston, Wortwell DAC 2700.55 Electricity 533.50 Legal and Valuation Fees 1032.00 Hon Sec & Treasurer Honorarium 900.00 Hon Sec & Treasurer Expenses 106.04 Trustees Travelling Expenses 700.00 27681.99 TOTAL PAYMENTS SURPLUS (DEFICIT) OF RECEIPTS OVER PAYMENTS £ |
£50 250.00 1000.00 250.00 2000.00 250.00 0.00 250.00 2000.00 0.00 0.00 0.00 |
33681.99 | 1250.00 1000.00 1000.00 2000.00 1250.00 0.00 1000.00 2000.00 0.00 0.00 0.00 |
35839.15 |
|---|---|---|---|---|
| 6000.00 | 9500.00 | |||
| 12873.75 2500.00 2000.00 600.00 651.69 2540.55 151.20 392.71 2700.55 533.50 1032.00 900.00 106.04 700.00 |
13262.50 2500.00 0.00 240.00 40.70 916.60 168.00 392.71 2756.15 323.09 4859.40 850.00 30.00 0.00 |
|||
| 27681.99 | 26339.15 | |||
| £ | ||||
| 26583.49 | £19587.64 |
Page 1
The Harold Dean Charity
Registered Charity No. 266850
Balance Sheet as at 30 June 2025
| Investment Assets Land in the Parish of Weybread Cash Funds Community Account COIF Deposit Account TOTAL ASSETS £ Balance at 01 July 2024 Land introduced at valuation Surplus (Deficit) for the year TOTAL RESERVES £ |
2025 £ 200000.00 35889.34 76477.68 312367.02 £ 285783.53 00.00 26583.49 312367.02 £ |
2024 £ 200000.00 37203.65 48579.88 |
|---|---|---|
| 285783.53 | ||
| 66195.89 200000.00 19587.64 |
||
| 285783.53 |
Note: The land in the Parish of Weybread consists of over 20 acres of land. It was valued by Durrants at current market rate on 09 July 2024.
Signed as approved on behalf of the trustees
Chris Basford Secretary / Treasurer to the Trustees 31 October 2025
Page 2
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE HAROLD DEAN CHARITY
I report to the trustees on my examination of the accounts for the Harold Dean Charity (the Trust) for the year ended 30 June 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P N van Dijk FMAAT Van Dijk Accountants Limited Georgian House 34 Thoroughfare Halesworth Suffolk IP19 8AP
05 November 2025
Page 3
The Harold Dean Charity Registered Charity No. 266850
Accounts
for the Year Ended 30 June 2025
The Harold Dean Charity
Registered Charity No. 266850
Receipts and Payments Account for the Year Ended 30 June 2025
| RECEIPTS Rents - Harleston, Wortwell & District Angling Club Interest - COIF Charity Fund Donations - Just Giving TOTALRECEIPTS |
2025 £ 51495.00 2897.80 5872.68 60265.48 |
2024 £ 53050.00 2376.79 |
|---|---|---|
| 55426.79 |
PAYMENTS
| Donations Per Share £50 Waveney District Christian Aid 25 250.00 Harleston Royal British Legion 20 1000.00 Cancer Research 20 250.00 Fressingfield Methodist Church 40 2000.00 Norfolk and Norwich Scope Assn 25 250.00 Goodwin Hall Trust 10 0.00 Vsion Norfolk 20 250.00 London Road Church (Harleston) 40 2000.00 East Anglian Air Ambulance 40 0.00 Waveney Valley First Responders 10 0.00 Rural Coffee Van 10 0.00 260 6000.00 Expenses Management Fee - Harleston Wortwell DAC 12873.75 Rent of No.3 pit - C H Comber Ltd 2500.00 Ocean Pit Variation Agreement 2000.00 Accountancy Fees 600.00 Misc Expenses/advertisisng/printing 651.69 Maintenance 2540.55 Zurich Municipal Insurance 151.20 AXA Insurance 392.71 Hire of Toilet & Insurance - Harleston, Wortwell DAC 2700.55 Electricity 533.50 Legal and Valuation Fees 1032.00 Hon Sec & Treasurer Honorarium 900.00 Hon Sec & Treasurer Expenses 106.04 Trustees Travelling Expenses 700.00 27681.99 TOTAL PAYMENTS SURPLUS (DEFICIT) OF RECEIPTS OVER PAYMENTS £ |
£50 250.00 1000.00 250.00 2000.00 250.00 0.00 250.00 2000.00 0.00 0.00 0.00 |
33681.99 | 1250.00 1000.00 1000.00 2000.00 1250.00 0.00 1000.00 2000.00 0.00 0.00 0.00 |
35839.15 |
|---|---|---|---|---|
| 6000.00 | 9500.00 | |||
| 12873.75 2500.00 2000.00 600.00 651.69 2540.55 151.20 392.71 2700.55 533.50 1032.00 900.00 106.04 700.00 |
13262.50 2500.00 0.00 240.00 40.70 916.60 168.00 392.71 2756.15 323.09 4859.40 850.00 30.00 0.00 |
|||
| 27681.99 | 26339.15 | |||
| £ | ||||
| 26583.49 | £19587.64 |
Page 1
The Harold Dean Charity
Registered Charity No. 266850
Balance Sheet as at 30 June 2025
| Investment Assets Land in the Parish of Weybread Cash Funds Community Account COIF Deposit Account TOTAL ASSETS £ Balance at 01 July 2024 Land introduced at valuation Surplus (Deficit) for the year TOTAL RESERVES £ |
2025 £ 200000.00 35889.34 76477.68 312367.02 £ 285783.53 00.00 26583.49 312367.02 £ |
2024 £ 200000.00 37203.65 48579.88 |
|---|---|---|
| 285783.53 | ||
| 66195.89 200000.00 19587.64 |
||
| 285783.53 |
Note: The land in the Parish of Weybread consists of over 20 acres of land. It was valued by Durrants at current market rate on 09 July 2024.
Signed as approved on behalf of the trustees
Chris Basford Secretary / Treasurer to the Trustees 31 October 2025
Page 2
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE HAROLD DEAN CHARITY
I report to the trustees on my examination of the accounts for the Harold Dean Charity (the Trust) for the year ended 30 June 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P N van Dijk FMAAT Van Dijk Accountants Limited Georgian House 34 Thoroughfare Halesworth Suffolk IP19 8AP
05 November 2025
Page 3