The Glebe Recreational Charity (274960}
TRUSTEES, REPORT- FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees present their report and accounts for the period ended 30 September 2024.
Structure. governance and management
The charity was established by a charitable trust deed on 18 February 1952.
The trustees who seJNed during the period were..
Mr FAhmed
MrA Beere
Mr M Harrison
MrD Hill
Mr M Phillips
Mr P Sansom
Mr J Taylor
Mr M Wise
New trustees meet serving trustees at, or prior to, appointment. Trustees are encouraged to attend
appropriate external trainin￿events where these facilitate the undertaking of their role.
The board of trustees meets regularly to administer the charity.
The charity's major asset is the sports ground and associated building at White Post Road. Bodicote.
near Banbury. The ground is held on a 999-year lease from l August 1994 at a peppercorn rent.
Surplus funds are invested by the trustees in a managed portfolio. All other income is used for the
objects of the ch3rity- Other than the permanent endowment fund, there were no restricted funds at
the end of the year.
The trustees have assessed the major rlsks to which the charity Is exposed and are satisfied that
systems are in place to mitigate exposure to the major ris￿.
The trustees have a risk management strategy which comprises..
-An annual review of the risks the charity may face
-The estsblishment of systems and procedures to mitig3te those risks identified in the plan
-The implementation of procedures designed to minimise any potential impact on the charity should
those risks materialize
Objectives and activities
The charity's objettives are as follows..
Provide facilities for and to promote community Participation in healthy re¢￿atiOn
Provide facilities for recreation and other leisure time occupation for the inhabitants
of the area of benefit
The charity achieves its objectives by providing buildings, facil¢ties and open Spo￿ for the benefit of
Banbury and district. There have been no changes in the policies during the year.

The Glebe Recreational Charity1274960)
TRUSTEES, REPORT- FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees have referred to guidance on public benefit Issued by the Charity Commission when
reviewing the aims and objectives of the charity and in planning future activities to meet these
objectives.
Achievements and performance
The trust has again this year met its objettives and performed as expected providing a range of
sporting and recreational facilities to a range of different local groups, including sports and
community-based groups.
Financial review
The charity has performed in line with expectations this year, generating funds to invest in equipment
to extend the facilities available to its beneficiaries. The charity remains in a good financial position
moving forward.
The charivs cash reserves at 30 September 2024 were £26,160 which the trustees deem to be
adequate forthe charivs requirement&
Plans for the future
The charity plans to carry on building on the achievements of recent years ensuring we continue to
achieve financial stability and meet the objectives of our trust deed.
Further, the Trust recognizes
Further, the Trust recognises the need to address Compliance with not just their own Policies, but
also how it achieves its objettives. To this end. it is our intention to develop a Compliance role within
the Trust, and that this will involve the review of key policies and procedures. including an internal
audit of the work of the Trust.
This will further inform the Annual Report for the yearto September 2025 and beyond.
On
eha
the Board of Trustees
Harrison Secretsry
11 cfj Is

CHARITY COMMISSION
FOR ENGLANO ANO WALEsTh• Globg Rgcreatlonal Charlty
274960
Receipts and payments accounts
CC16a
For the period
from
0111012023
3010912024
Section A Receipts and payments
UnrestriGtod
funds
Restricted
funds
Endowment
fund$
Totsl lund5
Lasty•ar
trJth* n•¥rv¥t
toth•neaw#£
ioth• nAAr•st£
toth• hsar•st£
toth•n•are5t£
A1 Receipts
& di5tribubon$
15.725
14725
75
16,141
40
Dop05it ￿￿￿nt Internst
REnld inWnl*
75
12.000
2,662.46
f2.000
37h02
3,937
274
VAT ielund$
00n8￿On$
Lea38
19,964
11864
118
Wayleave
Sub total(Gross income forAR)
34,719
f5.725
S8,294
A2 Assetand investment sales. (see
tablel.
Encash inv￿tmentS Iparti
12.100
Sub total
12,600
34.719
IS,725
70,794
A3 Payments
Grounds & Equiprnpntupk8qP
Propeny ieluiblshmenl
RatE5
5,289
S,289
JN8J
5.224
In¥urarKe
I,oyo
1,320
30$
6,11•0
IA2
Y,723
Aecountarty
￿￿kkEePIng
VAT payrnents
Bank chawes
LK9n¢es
300
3,176
J,176
85
229
229
720
Legafees
600
600
Sub total
17.074
17M74
17,117
A4 Asset and Investment
purchases, Ise8 tsbl81
Additions to portfolio investmanl
Mower and Iraiper
Roller
Sealing
18,72S
15,725
16,641
31h25
2ts,178
774
Sub total
15,726
15,726
69.018
17,074
15,725
32,799
86,685
Net of recelpts/(paym•nts)
A6 Transfers betr￿9n funds
A6 Cash funds last year end
Cash funds thls year end
17,645
17.645
18,891
8,S15
26,160
B.515
26,160
24,406
8,515

Section B Statement of assets and liabilities at the end of the period
Unro$tricied
lunds
RostrlGttrd
Endowfflonl
funds
lts n44rHt£
CalegoflPS
t¢ ng4r0$E£
n¢oro¥tÈ
B1 Cash funds
197&93
HSB¢thtwil•C¢Ounl
rotal Gash funds
1$,160
Unrwdtrf¢led
funlts
Re51rl¢ted
lunds
Endowmollt
funtts
¢0 nOOrOtst£
TiadgdeDtvs
7.715
Fundlowhi¢b
c￿rrent¥#1U
LlSt*d Inv05tm&ni8porfo&D
EF
F￿1￿1￿whICh
B4 Assets retalned forthè
ch8TIty's own L*SO
L￿d&￿mIng4.1Iasl￿
EF
1,061,561
1.240.ODD
uf
127,974
Ewlpmenl
UF
44.056
When du•
¢181
UF
B5 Llabllltle¥
A¢Vva
itF
VATI.abl
up
1.554
S&n*d &yoft4 orlwo I￿ste￿5 orn bBha
ofal tha VuSWè$
Sig
Prinl Nome
DHte of
rov61
rMaith•4¥ Wl$q
Mr Martln Phllllps

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs
report on the accounts
Sectlon A
Independent Examiner's Report
Report to the trusteesl
members of
The Glebe Recreational Charity
On accounts for the year
ended
30 September 2024
Charity no
{if any)
274960
Set out on
the 'receipts and payments accounts, CC16a
I report to the Irustees on my examination of the accounts ofthe above
harity {'the Trusl'l for Ihe year ended 30109 12024.
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
20111'Mhe ACV).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 AGI and in carrying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145(51(b} of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination which gives me
cause to believe that in. any material respect..
accounting records were not kept in accordan￿ wtth section 130 of
the Act or
the accounts do not accord with the accounting records
Independent
examiner's statement
I have no concerns and have come across no other matters in oonnection
with the examination to which altention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Slgned:
Date:
QY/o120?S
Name:
Hermione Hymers
Relevant professional
qualification(sl or body
(If any):
ACA
Address..
Vvhitley Stimpson Limited, Penrose House
67 Hightown Road, Banbury, Oxfordshire
OX16 9BE
Section B
Disclosure
Only complete ifthe examiner needs lo highlight matters of concern {see CC32,
Independent examination of charity accounts.. directions and guidance for
examiners).
IER
October 2018