COUNTRY BUILDINGS PROTECTION TRUST LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTE ER 2024 Charity Registration Number: 283059 Company Registration Number: 1552706 LOCKINGE ESTATE OFFICE, ARDINGTON, WANTAGE, OXFORDSHIRE, OX12 8PP
COIJNTRY BUII.DINGS PROTECIION TRUST LIMITFD CONTENTS Year end¢d 30 September 2024 TRUSI'EES, REPORT tNDEPENDENT EXAMtNER'S REPORT STATEMENT OF FtNANCIAL ACTIVITIES BAI.ANCE SHEET NOTES TO THE FINANCIAL STATEMENTS
COUNTRY BUILDINGS PROTECTION TRUST LIMI"fED TRUSTEES, REPORT Ycar endcd 30 September 2024 The Coun¢il of Management submit their report and accounls for the year eDd¢d 30 September 2024. The CoLmciI of Management have taken advantage of the exemption from audit conferred by Section 477 Cornpanies A¢t 2006 and th¢ accounts for the year are unaudited. NSTII"UTION The Company is Constituted by the Mernorandum and Articles of Asso¢iation dated l O Febnwy 1981 and is limited by guarantee without a Share capital. The liability of the 47 MembeTS is limited to a sum not ¢x¢ceding £1 ewh. CI IARI'I'ABLE STATUS The Compdny (copanY numb¢r 1552706) is registered as a charity with the ChaTity CommissioN under the Chiwilies Act 1993 {r¢gistration number 2830591. PRE.SIDENT Mr T C Loyd. OUNCIL OF MANAGEMENI, Elecied MembeTS of Council of Management: The elected Members of the Council of Management who Served as Trustees and Directors of the C4)mpany during the year wer¢ as follows.. T Bond- chairman Mrs R Baring DFEABoon Mrs C Wardingley Li5l M5 A 8t¢vens The MembeTS of the Council of Manag¢ment We appointed in accordance with the MemorÉmdum and Articles of Asso¢iation. Secretary: J A Sayers (not a MeTnber of the Council of Management) REGISTERED OFFICF, Lockinge F.state Office Ardington, Wantsge, Oxon. OX12 8PP BANKERS Barclays Bank PLC 32 Bridge Street, Banbury Oxon. OX16 5PN SOLICITORS Knights Midland I louse, West Way Oxford. OX2 OPH
coirNTRY BUILDIN(iS PROTECTION TRUST LIMITED 'I'RU8TEES' REPORT (Continued) Yeiir ended 30 September 2024 OBJF,CTIVES FOR THE PUB BENEFIT To preserve and protect for the benefit of the public generally and especially the inhabitants of the parishes of Ardington and Lackinge in the County of Oxfordshire, buildings and lands ofbcauty or historic interest and as regards lands of ecological ur other scientifi¢ itnportance, and generally to protcct and preservc the character. aspect and amenities of the rura] enviti)nmcnt and, so far as necessary for the attainment of the foregToing, lo promote, assisl (by financial contributÈon or otherwise) or oppose propo$S tor the use or developtnent of such buildings or lands. The Trustees, having regard to the Public Benefit guidance published by the Charity Commission in accordance with se(tion 17 of the Charities Act 2011, eonsider that the purpose and activities of the charily satisfy the qUirementS of the publi¢ benefit test set out in section 4 of the same A¢i. ORGANISATION The Company and the propety and atyairs th¢r¢of are under the control and management of the Council of Management in accordance with the Memotandum aJ)d Articles of Association. The day-to-day management is ¢arried out by AdkiR, Chartered Surveyors at a fee agreed by the parties. SELF,CTION AND APPOINTMENT TRUSTEE When a need for a ncw Trustee is idcntified, the existing Trust¢¢5 will review the eligibility criteria for Trustees. agree what skills, experience and knowledg)e are needed and agree a process for recruitment. The Trustees will agree the best method for attracting candidates and interyiew the candidates equitably against the agrecd criieria. The pr¢ferred candidate will be identified and invited to join the Trustees, subject to r¢ferences. formaI vetting and approval of ihe Trustee board. 'I'he person nominuted for appointent as Truslce will be required to sign a de¢laralion of his or her eligibility to act as a Trustee in a forn) acceptable to the Trustees. The v¢tting will enlompass disqualification checks, conflicts of interests and if appropriate, Criminal Records Burcau check.8. Appropriate inforniation will be made available to the pofrniial Trustees at ¢ither the interview stage or the n()mination stage about'l rustee Duties and Responsibilities, the chlty including its Objertives. its Accounts, th¢ Trust Deeds and the exiyting Trustees. A newly appointed Trustee will be offered and given appropriate induction and training.
COUN FRY BUILDINGS PROTECTION TRUSI" LIMITED TRIJSTF.ES' IIEPORT (conlinued) Year ended 30 September 2024 DIRELTORS, RESPON IBILITIES The director% are responsible for preparingthe Directors, Report and the financial statements in accordance with applicable law <d regulaiions. The t)irectors' Report is contained within the Truslees, Report as required by company law. Company law requires the directors to ptEpare the financial statements for each financial year. Under that law the directors have elected to prepare the financial Statements in aecordan¢e with Unilcd Kingdom Generally Accepted Accounting Praaice (Unit¢d Kingdom ALcounting Standards and applicable law). Under company law the dir¢¢lors must not approve ihe fillancia] statemcnts unless they are S&Ltlsfied that they give a tru¢ and fair view of the stste of affairs of the Company and of the profil or loss of-the Compdny for that period. In preparing thesc financi statements, the direclors are required io.. sele¢t suitable uccounting policies and then apply them consistently- make judgments and accounting estimates that are reasonable and prudent- and prepare th¢ financidl statemenis on the going ¢oncern b&8is unless it is inappropriate to presume that the Company will continue in business. The directors are responsible for keeping adequate aOunting records that arc sufficient to show and explain the Company's transactions and disclose with reasonable ac¢uracy at any time the financial position of the Company and enable thLTlI to ensure thal the financial statements comply with th¢ Companies A¢t 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the preventivn and delection of fraud and other irregularitie8. REVIE OF THE YEAR During the year the following projects and activities were funded by the Company: l. Lo d Lindsa Rooms - the Company has continued its support for activities at the Loyd Lindsay Rooms, which arc used for ihe benefit of charities, individuals and various organisati(Ins from within the local communily. The Company has funded the deficit of Ihe Loyd Lindsay Rooms, operations frvm its own resources, as set out in Note 3 10 the Financial Statementq. In the year under r¢view this includ¢d the Company spending £2,453 (2023 - £3,527) on the r¢furbishm¢nt of the Rooms. 2. Villa e Past and Present - the Company provided ndIllg of £6,029 (2023 £6,660) tor the enhancement of tlie archive collection. part of whiLh is Dernitnently di8pl*yed within the l.oyd Lindsay Rooms and is also the subject of an annuaI. two-day public exhibition. The arcFLiViSts now operate out of larger pr¢mi5es, the Lost of which is borne by the Company. 3. Other- grants were awarded for graveyard tnakntenance of £180 (2023 - £1180), a new noticeboard at Ardington £4:890 (2023 - £nil) and srts club £nil (2023 - £4,000).
COUNTRY BUILDINGS. PROTF.CTION TRUST LIMITF.D TRUSTF.ES' REPORT (continued) Ye<ir ended 30 September 2024 RISK The Trustees have reviewed the major risks to which the chartty 1$ ex]x)sed, and proc¢dures have been established to mitigate thos¢ risks. NCIAI. POSITION The Coinpany incurred expenditure of £42,006 (2023 - £56,160) includingF £20.878 (2023 £34.579) for the benefit of local amenities in furtherance of the obje¢lives as stat¢d above. Thcre was no revaluation of the Loyd Lindsay Rooms in the year (2023 - nil)- The activitie8 resulied in a net deficit of £8,957 for the year (2023- surplus £5,851). RESERVF.S POLICY It is not the Trustees, TX)licy to maintain reseryes of in¢ome as all expenditure of the charity is met by annual donations income. DIVIDENDS The Company's Articles of Association wohibit the payment of a dividend. PECIAL PROVISIONS This report is prepared in accordance with th¢ special provisions of Part 15 of the Companies Act 2006 relating t() small companies. FU'fuRE DEVELOPMENTS A8 further donations are received and funds become available, the Council of Management intends to ¢onlinue with the Company's activities within its charitable objectives. By order of rhe Council of Management J.A. Sayers ,geerefary Date.. 2410312025
COUNTRY BUILDtNGS PROTECTION I"RUST LIMI'I'ED INDEPENDENT EXAMINER'S REPORT Year ended 30 September 2024 Indep¢ndeDt examiner's report to tbe trustees vf &6Coulltry Buildings Protection Trust Limited" {'the Company,) I report to the trustees on my examination ofthe accounts ofthe Company for the year ended 30 September 2024. Responsibilities #Dd basis of re)rt As the charity trnstees of the Company (and also its dire¢tors for the purposes of company law) you are respvnsible for the preparation of the a¢counls in accordance with the requirements of the Companie8 Act 2006 ('the 2(J)6 Act,). You are satisfied that an audit is not required forthis year under charity or company law and that an independent examination is needed. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are ¢ligible for independent examination, I rerA)rt in respect of my examination of your charity's accounts as carried out under section 145 of th¢ Charities Act 2011 {'the 2011 A¢l'). Ln canying oul niy examination I have followed the Directions given by I'he C'harity Conunission under section 145(5)(b) of the 2011 Act. An independent examination does not involve gathering all tli¢ evidence that would be required in an audit and consequently does not cover all the matters than an auditor considers in giving ih¢ir opinion on the account%. The planning and conduct of an audit goes beyond ihe IiTnited assurance that an independent examination provid¢. Consequently, l express no opinion as to whetli¢r the accounts present a 'true and fair, view and my report is limited to those speiific matters set out in the independent examiner's stratement. Independent examiner's ststement l am qualifi¢d to undertake the examinatioTr by b¢inLy a qua]ified member of the Instilute of Chart¢red Accountants in England and Wales. I have completed my examination. I confinn that no malerta] matters have comc to my attcntion in connection with the examination giving me cause to believe that in any material respect.. accounting rccords wer¢ not kept in respect ofthe Company as required by section 386 ot'ihe 2006 Act; ur the accounts do not accord with those records,. or the a¢¢I)utS do not tnrnply with th&. ArrniintinB reqiisrem@nts of section 396 of tho 1006 A¢t oth¢r than any requirement thal the accounts give a 'true and fair view, whi¢h is not a matter considered as part of an indepcndent examination. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of R¢commended Practice for accounting and reporting by charities dppIiLable lo charities preparing their accounts in aordanCe willi the financial l<eporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102)- I have no concerns and have come across no matters in conncction wtth th¢ examination to which altention should be drawn in this report in order to enable a proper understanding of the a¢¢ounts to be reachcd. G P Smye-RuFnsby ACA Dixon Wilson 22 Chancery Lane London WC2A I LS 8 May 2025
LOUN'I'RY BIJII.DtNCJS PROTECTION TRUST T.TD srA'fEMENI' OP" I,'INANCIAL ACTIVI'IIF..S IINCLUDtNG AN INCOME AND fxpF.NDITUIiL ACCOUNTI yeareThde 30 Se t¢mbct 2024 2024 Noie 2023 INCOME AND ENTX)WhlENTS.. Donations 33.000 62.fA)O Interest 49 33.(9 62,011 QTAL tNCOMf. AND END NT 33,049 62,01 .XPF.NI)I'I'IJIII.' ON CHARt"I'ABLF. ACTIV]TIES: CHARITARLE ACTlVI'I'ir%.. Lharitable payments ILbcal pro.jects Support costs.. 20,878 34,579 187 2,136 9,106 2,432 47 35 1,640 2,534 218 ,705 8.633 2,245 34 125 1.640 4,6¥1 Jn5uran Managemcntfees Adniini%tratith fees Bank Ch8¢S Sundry cost% DepreLiatio Mainlengn¢¢ c%)sts Gove[[¢¢ tx)sts". Accountmcy FK5 19.281 3.011 3.1)1 I 2,300 AL EXPEN rruRE ON CHARrrABLE ITIE 42.IJ06 56,160 NET ]NCOMkJlEXVLNDI'I'URf:} FOR TIIE. Yi.AK (8.9571 5.851 NET NqOVEMENI' JN FUNDS FOR I'llb. YEAR 5.851 RE.CONCILIATI OF FUN Unrestri¢td funds brought fonv8rd 943,962 938,111 UNRF.S'l"RtcrED FUNDS CARKiED FORWARD 935.005 943,962 The company has no recwiw1 gau]s or lossts not refflottl in this sl&temtht thf financi&l o(%ivIti. All wnounts in r&e¢L vf contiouD)g tIViti and all funds are unrestriLtsI in theirpcmiitsl opplicatiotjs.
COUNTRY AUILDIN(iS PKO'I'F.CTION TRUST LTD IJALANLE SHEET Asat30S tember2U24 2024 2023 D AS.%CTS TBngible ts%ets l?rowarnmc Relatcd Inv¥thieni Otlier Land & Bmildujgs Plgnt & Equtpment 590,341 i41.3.36 590,341 341.3D6 940,893 943,360 CURRb.NT ASSETS Prepaymet C&%h ai bank 338 12.793 13.13 491 CURRENT LIABILtTtES crwjl[S'. amounts fauingduc within on¢y¢ar NI.:T CURRENT ILIABILJTIESYASSETS 14,(k)8 (19.019) 113.4061 602 Nb'l. ASSETS 935 005 943,962 REPRF.sr.N"I"LD IIY.. AUmUla1¢ fund 935,5 94.7,962 TOTAL UNRES'I'KICTED FUNDS 935.005 943,962 For the yeatended 30 Sept¢mbLY 2024 the Company w&s ¢ttliikd to ex¢mpiion fm audit undersection 477 ofth¢Companies A(* 20( r¢lalingto small compaThi£s. The Members hav¢ nol r¢quired the Company to obtain aa auditof its &Cunts forthe y¢ar que51ii>n in a[dan{r with section 476. Ihe direct acknawledgc their responsibilities for complying with the r¢quirenKntsof the Ath with rwe¢t to accounlingreLX)rds alld the preparaiion of dL'counis. The &¢GDunts havc bBen prepard in accotdanLYwith the pn)Yi8ion8 appli¢ahl¢to panIeS bJ[ tu the wJ]a]l L¥)JJJw&4wm¢ Part 15 ofthe Comp¥JJies Act 2006. Ih¢ actounts on pages 7 to I I weT¢ apw>ved hy the Council of Matta8ement on ILP fLJA2LH 2025. and WCJE signed their behf by.. is A Sievens ITtUSteel Mr5 R i37n8 ITTllSteel CompDny number 1552706
cotThTRY RIJILDING,S PRO'I'f.CTION TRUST LTD
NO'I'I.'S'I'O THF bINANCIAL STATE.MbNI'S
30 Sc
ternbLY ?024
I. ACCOUNTING POLICIIS
SCI)PI-: AND BASIS OF fINANCIAL SI"ATF.MENT
Th¢ fjllallcial a(emcnts havL been pr¢pared in a¢Lotdgll¢e Nryth thc FRS102 Statttncnt of Re[ru[ded Practi.. A¢wuntllJg dnd Kwrtin8
for Charili ISORP 20191 tht Chariti&g Ad 2011. fuJan¢idl statements havc b(n prCpa] und¢r the hi%toriLal cusl ¢onvcntio
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Unrtstricted funds dre aY]b]e for use Èt th¢dis¢rction of thc Council ofMana8fJJXllt in f[¢Tance of thegtttl charitabl¥objertives.
Designated Fbnd5 arc unTe5triL%cd thds whid] would be tratLsferr&l frvm the gene]d thd for porti¢ular PUTPOS¢S or PFojects #t the di$uetiott
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COUN'fRY BlJIl.l)tNGS PROTF,CTION TRUST I.TD NOI'ES TO THE FtNANCIAL STA'I'EMENTS Yvdr ended 30 SeptcmbEr 2024 2024 2023 3. CHARtrABLE PAYM[..I TO LOCAL FR0cTs Grdnts.. turtheran¢cofthe Charil Village Life Past & Present (archivc colltIon) Matnten7eC of Graveyard Spvrts. Clb Ardin¥ton Notice J108rd 6,029 180 6,660 180 4,0(KJ 11.099 10,840 S(KiaI amenity support- Loyd Lindsay Room5 IS (a) klowl 9,779 23,739 20.878 34,579 Social su ort-Lo Cost%'. Refurbtshment costs LLR pportlt Depwiation 2.453 6,499 827 3,527 1.393 Social atn¢JJity suppon re Loyd J.ithy Rwsns 9.779 4. TANGIBLE FIXED ASSETS rreehDld Land & Blld. Cobl and vduatl(Mi amalg¥unat&l. AI 30ih.S¢ptanikn 2023 aDd2024 Cost attd valu10n split" Valuation 1990 R¢valuatson as ai 25 May 2021 AcCumuleddiIlos AI 30ih sepMr 2023 attd2024 prOmC RelBt¢d JrtvesDneni Othet Lsnd & BuddiD85 I4wa¢ Related Other Ld Investsnent & Buildmgs 341336 591341 3413J6 295.000 75.596 219.745 590 295.000 75.596 219.745 590 341 341336 341.336 341)J6 341336 Equivulcnl amDw)l under th¢htoriCal cost c()nV¢Ltion 341336 278.172 341336 The Lojd Lmdsav RrnS. within Progratnrne Re]at¢d Invtsty¢nts, were v1 by Adkin (:harteEed 8urveyoFg Im 25 May 2021 at £55U,OIM. on I b&%is oldi¢ir use 35 a Conference ¥lld tr&ing ¢entre.'th¢ l.oyd l.indsay RoLims Jre maintwntd as D vi112g¢ trai18 centr¢ in furth¢M¢e of the chatity's obj¢W. 'tbe t¢mainin8 ass within PrOLYne Rei*ed lllvesthi¢Rts is the Sthra8£ facility ai Loyd Lindw Rooms. which Is bejd at No dewLYiation is provided ott Lalld gnit Buddings ID uccord4nrc with the A¢LountiDg Poii¢y Stat¢t on P4¢ ¥. Lo# al l Octo.r 2023 CO ai 30 SeptthJber2024 D¢preCtiOn at l O¢u)ber 2023 DeprBciation in ycar DrpieGiation ai 30 sepber2O24 bk v&lue at 30 Septernr 2024 45.968 45.969 43.908 34.285 31.252 9.216 TufAI. >'iXED Assf..73- atnei hokvah 940.893 943.560 10
COUKI'R Y BUILDtNGS PROI'ECIION'fRUST I.T NOTES'ID THE PIN.QNLIAI. 8'1ATF.MF.NIS Y¢ar endcd 30 Se emb¢r 2024 2024 2023 5. CREDITORS Trad¢ thYdTlors 16,986 2.025 12.401 997 Deferred Rent 19,019 13.406 6. EMPLOYEES AND IRUS'fEES 'rh¢ av¢r&ge numlKT of empli)yee5 io tht year was nil 12023 - nlll. No n%nunoutlOD was paid io any Trust during the year 12023 - Inill. 'Ihc CoJw)any did noi purchase any or s¢rviccs from any Trustrs duriLB y¢8r12023- £ndl. Therc weE¢ n(J L'XWS¢S r¢lbr54 w the Ttustres the yearl2023- £ni]l. 7. IRANSA(JIONS wn'H A(iFNT Adkin. Chwtered 8llrveyot& provided nllt 5Crn¢fS ounting lo £6.674 in the ywl2023. £6,388k ClUsiVe of VAT. 8. fiNANCtAL A.$8F.TS ANi) I.iA13tLfFIES The cl)urily has fittaD¢iai a&seib and fiuoJ)¢iaI liabiliii&% uf a kind that q¢]ify as knic rIn¢al StrnCnts. are iTriti3]ty r¢¢ugDised ai transaction vu¢ and %ub$c4ucntly m¢asui¢d at th¢ir¥Std w5t. 2024 2023 FinvCial ass¢ts Cash & bgj 12.793 1179.3 Fin Tiade credttOTS Accruals 16.986 2.025 12,401 997