GLEBE RECREATIONAL CHARITY NUMBER 274960 TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The trus¢ees p￿sent their ￿pOrt and accounts for the period ended 30 September 2023. Structure* govemanc& and management The charity was eslabllshed by a charitable trust deed on 18 Febwary 1952. The trustees who seNed during the period We￿.. Mr F Ahmed Mr M Harrison Mr M Phillips Mr M Wise Mr D Hill rJ Ta￿or Mr P Sansom New trustees meet seNing tNs188S at, or prior ¢0, appointment. Trustees are encouraged to attend appropriate extemal Irainlnglevents where these facilitate the undertaking of thelr role. The board of tNste8s meets regulady lo administer Ihe charity. Th8 charit￿8 major assel is the spotts ground and a550ciat8d bu￿ding al White Post Road. 8odicL)te. near Banbury. The ground is held on 8 999 year lease Iiom 1 August 1994 al a peppercom rent. Surplus funds are invested by the tru5tee5 in a rnan8ged rortfolio. All other income is used for the objects of the charity. Other than the pemianent endowment rund. th8re were no r88tricled lunds al the end of tt)e year. The trustees have assessed the major risks to which thg charity is exposed. and are sausffed that $y6tems are place to mitigate exposure to the major risks. The trustees have a risk rnanag8menl strategy which comprises", -An 8nnual revlew of the rfsks Ihe charity rnay face -The eSta￿lShMent of systems and prO￿d￿re$ to mitvjale Ih05e risk5 identified in the plan -The implemeniaiioTr of procedur88 designed lo mlnimise any potential impact on thè charity should th058 risks rnateriallze Objectives and act5vltles The charitls objectives a￿ as follows.. -Provide faciliti8s for and to promote communlty partJ¢ipatiDn in healthy recreatio -Provide facS1itie5 for recreation and other l*sure time occupation lor the Inhabhants of the a￿a of benefit The charity achieves its objectives by providSng buil¢Jings, facilities and op8n spac8 for th8 b8n8ffl of Banbury and distrf¢l. There have been no changes in fft? policies during the y8ar. Th8 trust88s have referred to guidance on publK benefit issued by the Charity Cornrni5&0n when reviewing the aims and obiectives of the charity and in plann￿9 future actiwtie$ to meet these obje¢lwe$. GLEBE RECREATIONAL CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 30 SEPTEMBER 2023 Achievern8nt5 and performance Th8 trust h85 again this year mel its oty'eclives and perfornied as ex￿ted prtsviding a range of 5POrting f￿￿1￿85 lo different local sports and groups. Flnanclal r9vIow The ehaFity has performed in line wlh expe¢talions thi5 year. generdling funds trj invest in equlpment to exle the facilities available lo its beneffciaries. The charity ￿MaInS in a good financial pO￿tIon rnoving forward. The charitys reserves at 30 Seplember 2023 were £8,515 whith the trustees deem to be adequat8 for th8 tharity's requirefflEnl5. Plans for the future The charity pl8ns to carry on building on the achievements of re¢en¢ years ensuring we continue lo achBv8 ffinancial stability. and meet the o¥ectsves of our tIU51 deed. ft Board of Tru$t•e$ CHARITY COMMISSION FOR ENGLAND AND WALES Th• Glgb• R•¢r•itlon¥l Cfvarlty 2749¢0 Receipts and payments accounts CC16a Forthg pfjrlod 0111D12022 301n911D25 Section A Receipts and payments UThr•$trlct6d fund$ Re&tric¢¢d funds End+)wmgnt funds Tolal funds toth• n••r••tt Al R8eelpts 14641 1474¢ Oep06it4ccounllnlotqst 40 3r￿2 3J37 27 ID 37N02 3,937 274 7,514 VATrqlundp Qonal￿nS Sub lot81(Gros8 in¢om8 forAR) 41,652 14611 *ZB3 A2 A$$ot and Inv•strn•nt $al•8, 190• tabl61. Encash In￿St￿entS Ipartl 12.500 11500 ub lotai 12,5fr) 12,SDD fol*1 r8Golpts 41.6¥4 29.141 70.743 A3 P•ym•nts Grounds & upk99P 3.•DJ 3A83 4742 R4le si Inwranc8 7,723 7.0 BDokk¥gpk VATpaymon 3ankcharg95 47 720 Sub toe•l 17,886 17.QeO A4 A¥s8t and In¥pslment purcha$o8.1800 table) Addit￿n$ lo portlollo hvesiment Mowerand Ir8iler IQ041 t¢,641 31A2 ZQ.17O 774 74.710 Sealin 7T4 Sub tol81 50,8n 1,500 1WI 15,74Q Totalp•yments 18,543 1,9)0 16,641 32,1 N•tQfr•c8lpl￿vyM8nts) A5 fransf818 botsvBon funds A6 Ca8h fvndB la8t yearothd C•$h fvnds thls Y￿rend 21891 12.500 22,906 8,51$ 1,500 2,500 12,500 15,881 7,828 1.500 24,4116 8,515 32,233 24405 Section B Statement of assets and liabilities at the end of the period Unrestrlcted funds Rtsstricted funds n•¥rnit£ Endowment fiJnd$ Categorip$ Bl Cash fund8 HSBC ￿rren1 acuunl 7.368 H$BCdWI Ktounl Total ¢•sh fund5 515 Unra8trlct8d fund8 tg n•irq¥tt Re5tr1ctod funds to n•ar•ste Endomnent lund6 B2 Other mon•tary a$s•ts Trddod9b￿ 6,137 VATd¢oioi FUndtyWh￿h ona 327,0 B3 Imfestment a888ts L1siFd Inv•iknBr*s £F fvmdiowhl¢h ¢uwntv4luD B4Assets retslned for the charlty's own use 1,061,5 15S,175 FulldtovJhl¢h n#￿Iltyr￿a UF Amountdu• Wh¥n du• BJ Llabllltlo$ Awua15 Tmdèwedkn UF 1M2B SkJnAd by￿1*Ofi￿oinjst0•$ W t4hall ofaY the knJ5t£es Dale of roval Sig Prfnl Narno Mr MalthBwW 7-7.1 27- v,, Mr Mat11n Phllll ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** ## **Report to the trustees/** The Glebe Recreational Charity **members of** **On accounts for the year** 30 September 2023 **Charity no** 274960 **ended (if any)** ## **Set out on pages** (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 / 09 / 2024. - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** 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 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Date:** 31[st] July 2024 **Signed: Name:** Hermione Hymers **Relevant professional** ACA **qualification(s) or body (if any): Address:** Whitley Stimpson Limited, Penrose House 67 Hightown Road, Banbury, Oxfordshire OX16 9BE **October 2018** 1 **IER** **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**