TOWN LANDS CHARrrY INCOME AND EXPEINDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024
TOWN LANDS CHARITY Registered Charity no: 274453 Address: 17 Wickham Field Wingrave Aylesbury, Bucks.. HP22 4FR Trustees N. Capizzi M Birdseye P Morgan M West T Mccann N IlQ]itehouse Inde endent Examiner DA Thorupson FCA 30 High Street Leighton Buz73rd Bedb LU7 IEA
TOWN LAINDS CHARITY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 INCOME 2024 2023 R¢nts from Investment Properties Compensation Bank Interest 98,585 446 97,945 119,202 108,238 EXPENSES Investment Prop¢ty Expenses Repairs and Maintenance Insuwice Council Tax Management Fees 14,494 1,981 82 14.668 1.852 129 Grants Repairs to Market Cross 188 710 Adminstration Secretarial Services Insurance Accountancy L¢gal Fees Sundry Expenses 1,750 1,650 600 3,750 1,884 600 1,363 220 597 247 920 NET INCOME 58,748 { 139,682) FUNDS BROUGHT FORWARD 2,833,196 2,972,878 LESS.. TRANSFER TO LEIGITfoN BUZZARD TOWN LANDS TRUST 2 891944 FUNDS CARRIED FORWARD 2 833 196
TOWN LANDS TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 2024 2024 Investnient Pro er at cost 2,231,749 Current Assets Bank Deposit ACount Bank Cuent Account 310,294 602,047 Less Aecrual 600 Net Current Assets Net Assets 2 833 196 Funds Carried Forward 2 833 196 ..Trustee ..Trustee NOTES TO THE ACCOUNTS ACCOUNTING POLICIES Income and Expenditure is recognised when it is received and paid except provision has been made for Lndependent Examiners fees accrued at the year end. Invesknent properties are shown at historical cost. TIL4N'SFER OF ASSETS On I l November 2024 the whole of the Charities assets and liabilities were transferred to a new uharity, L¢ighton Buzzard Townlands Trust, number 1209119. All income and expenditure arising after that date will be reflected in th¢ accounts of that Charity.
Independent Examiner's Report to the Trustees of Town Lands Charity I report on the accounts of the Charkty for the year ended 31 December 2024 is in respect of an examination carried our under Section 145 of the Chatities Act 2011. Respective Responsibilities of Trustees and Eiaminer As Trustees you are responskble for the preparation of the accounts, you Consider that an audit is noi required foT this year under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my r¢sponsibility to: Examine the accounts (under Section 145 of the 2011 Act). To follow the procedures lald down in the General Directions given by the Charity Conunissioners (under Section 145(5)(b) of the 201 E Act). and To stat¢ whetber particular matters have come to my attention. Ba$1$ of Independent Examiner's Report My examination was Caled out in accordance with the General Directions given by the Charity Commissioners. An examination of the ChaTity's accounts includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. li also includes consideration of ally unusual it¢ms or disclosures in the accounts. and seeking explallations from you as Trustees concerning any such Tnatters. The procedures undertaken do Thot provide all the evidence thaT would be required in an audit, and consequently I do not express an audit opinion on the view given by th¢ accounts and the Teport is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination. no mattri has come to my attention: (i) Which gives me reasonable cause to believe that in any material reSpt the Tequirements" to keep accounting records in accordance with Section 130 of the 2011 Act. and to prepare accounts whicn accord witti the accounting recoTds and to comply with the accounting requiremenis of the 2011 Act. have not been met. or in my opinion. attention should be drawn in order to enable a proper understanding reached. (2) of the a'oL11]ts DA Thompson FCA Char'"e"¢c .4ccouritant 30 High Street Leighton Buzz&rd BSLu7 IEA Date.. IJ? q le Townlands ChtTity 31.12.24