Trustee report Chambercombe trust Charity no 278794
Chambercombe Trust
Flat 1A
Buzzacott Manor Buzzacott Lane Combe Martin
Devon
EX34 0NL
Trustees
Angela Powell
Steven Johnson
Julie Mogg
This last financial year was a significant year for the charity. In December 2023 Chambercombe Manor was sold to a private buyer, this was a difficult decision for the trustees, however maintaining Chambercombe had become financially untenable and having taken advice from the charity commission, we sold the property and its contents.
The funds however have allowed us to invest in Buzzacott manor and to work towards the original objectives of the trust.
As we went into 2024 we started a long overdue extensive refurbishment programme. Work scheduled was the refurbishment of one of the empty rental flats and a new roof. We arranged for builders to commence work in spring 2024.
We have engaged with a charity that provides respite care for patients and their families suffering from kidney disease and scheduled meetings to discuss making donations.
We restructured our staffing levels at the trust to suit our new working pattern.
After funds had been allocated for building work we invested surplus funds to allow for future donations and inevitable refurbishments and repairs
CHAMBERCOMBE TRADINC LIMITED FJIIANCIAL STATEMEIYTS YEAR EI¥IDED 31 MARCH 2024 CONTENTS PAGE Director's report chartered accouttsnts report to the director 4)n the preparats'oll ofthe udtttd statttory statements Income statement Statement of fInat position Notes to the fIrciAl statements The follo7n£ pages do Lot fontt part of the financial statement$ DetsAea iticottte statement Notes to the detded income statement
CHANIBERC.OMBE TRADING wirrED
CIIARIERED ACCOiIIqTAIYIS REPORT TO THE DIRECTOR ON THE
PREPARAIIOlff OF THE UNAUDrrED STATUTORY FANCIAL STATE8
OF CK4MBERCOMBE TRADllYG LTrItTED
YEAR ENDED 31 MARCH 2024
In order to asslst you to fi1 your duts.es under the Companies Act 2006. we have prepated
for yow approval the fmallcial statements of clnberCoMbe Tradng Litk)ited for the year.
ended 31 March 2024. whLch ¢omptise the Jnc¢me statement. statement of fjnattcjal PK?Sitio
and the related notes fron) the compan1$ accountrig records and from ll)formats"¢)o and
explwi.ons you have given w.
As a practsiDg tY4embeT Smi of the 5nstitrXe of Chartered Ae¢out]tants in EDtsid and Wales
CAEW). we are subject to ts ethical and other professional reqLureÈnents wknch detaled
at www.icaew.comlenlmembersEWregulats'ons-standards-and-guidance
This report Is made solety to rhe (hreotoi of (jrbercornbe Trackng LJM"ted ill accor(]ance
wrth the terms of our engagement letter dated 7 December 2023, Our work has been
undertaketL solely to prepe for your approval the f&al. Statents of Chambercombe
Tra¢thng Ltmrted and state those matters that we have agreed to state to you in tht> report io
accord?ce
vnth ICAEW Techrical Release
07116 AAF
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at
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