Ch•rfty R•gl•tr•tion 140. 289951 BOLTONS GARDEN ENCLOSURES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
BOLTONS GARDEN ENCLOSURES LEGAL AND ADMINISTRATIVE INFORMATION Trust Myue B Milner J Fletcher {8ppolnted 1 January 20231 D Worrall L Lin(Jsoy R Ahmed Ch•rfty numlJ•r 289951 Forstern LLP 31 Hrfl Street LoThJon W1J 5LS Solicilorn FoTSters LLP 31 Hill Street London W1J 5LS BMk•rn National Wg$lminstsr Bank PIC 18 Cromw911 Road Lond SIJVI 2LB Ind•pondMrt Examln•r J HMTd FCA Azets Audh SeThtss 2ThI Floor Reg08 House 45 King Wl11aM Stroet London EC4R 9AN
BOLTONS GARDEN ENCLOSURES CONTEKrs Trusteos, report Statement of trustaos, responbilItieS Independont ¢xamlnol$ report Statement of fin•n(xal actrirfi8S Balance 8heet Notes to the flnandal Statements
BOLTONS GARDEN ENCLOSURES TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Th8 Trustee8 hove the F4ea8ure of presentlThJ thelrannual rowt and the audited financial 8t8tements ofth• tharity for the year ended 31 Decemtjer 2024. lJustg98 havo adopted the prO$10n& of th8 Stsiement of Rttommendgd Practice ISORPI"Accounting and Rewting by Charrtigs. {FRS 12) in preparkng the annual rewt financial stat6monts ofthe charity. Tho finarval statements have been prepared In 8ccord8neé with th8 accounting polrcies sel out In notes lo tho attots and CoMYW1th the charity's govemKU dCment. the Chadlles Acl 2011 and A0Unting and Reporting by Charilbes.. Statsment of Re¢ommend8d Pr8ctKe ap1¢abl0 to tharilies preparing their accounts in ance with the Finaniial Roporthy StsryJ8rd applkblo in th& UK and RepubtsG of ITeland UK pUblis1d on 18 July 2014. Ob¢11¥ and actlvmt The tru8tee8 ojnffimi that they have TefgTf8d to the guidance conlalnad in the Charity CommissKJn'$ general guldance pubfic benefft when revIng th8 chity'$ aims and otyethes and in planrAng future actMIi6s. objeclwe of the charlty18 to rKomotè th• Feanant pr8sepiaion for the benefft of the pUC ggnoraly and e6pec4afy the inhabilants of the Pgrish of St Mary In Th8 8olton8 of the Garden Enclosures to the north 8nd south ofsi Mary In Th6 Bolto and genetaltyto protect and wo¥ervo tho(araderand amenllle8 of th&sad endosures. A¢h1monts and p•rfomian¢• During the year. the Charlty ntInUed to malntain and KYeseNe Thè 8oAons Garden Encfosures and protact and peNe the character and the amenibés of thgm for the benefit of the public generalty and e$pgC4alty for th8 inhabitants of the Pafish of Si Mary The Boltons. Flnancial v•¥l•w Dunno the y••r, th• chwity had gTOSS income of£118,616 and had eX[wllUre of £19.529 in ts fvrtheranc of the chariVB objectives. £89.717 was snt on garden maintenance. Th8 pclty of th8 Tm8t8es Is to m8intsin sufficlenl re8er¥es to provide the Income requlred to mèet the Trustees, pmposed level of payments. Forthis purpose, the ftd$ r8pro5gntlng tho ro8eMs aro on bankdgpowlwith a vw to gww8ting ino)me without expo8lrwd the ch8rty to undue Fisk. The Charflybalms for2024are to ntInue to m81ntah1T Boltorts Garden Enclo8ur98and to prolectand preserve Ihetr thaiacter and the amenitioy for the b8nefrt ol thg puL4ic generalty, and for the inhabitants of ts Padsh ol Si Mary The Bohons Parti191y. Structure• govgrnanco and managom•nt The Botton8 Garden Endosures was constilLthJ uThl8r a Tnjst Deed dated 15th March 1984 and is a ffjgister arity No. 289951.
BOLTONS GARDEN ENCLOSURES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The chariiy tWs1 dumg Ihe yearwere: 88mathtte Mlln8r (Chalr) Jane Flotchor (appoint•d 1 January 2023) Lwnda Lindsay Dean WO11 Mhelle Yu8 Rishad Ahmed t)ay to day manag$m•nt of lh8 charity IB lertaken by the trustees. The trustees ore entitted to 8ppJint Iwst888. There is a pro$ ol induGlion for tho WIM ilude8 meetlngs 74Ath cJJrTenl trustees 8nd PS1On of key wrformalion. Tt8•S uThJ8ryo tralnlng 8t moèling6, •8 and whgn rwdgd. The trustees have examlrd the maior risk8 wluch th8 ¢harity face8 o)nfimi that systsms have been ost8t4i&hod 80 that the nofxsary Ste be token to manage and1888en 8uth ri6ks. Eo)nomlc dimatè Infiation h89 $1oblli0od ai a rats of between 2% . 4%. hwver day to runring CO8ts sp& to CAJr OTatl 810 runn9 in exc85$ of this g.g. water, labow costs. and this ha5 h•J to be len Inlo Conderatn. Th8 truste8s beSe¥e that there we sent reserv forthg ¢harfty to be a golng em. K•y htsnag•m•nt Tho tru8ts9$ ara nSIder8d to b& th& key managemgnt ofthg thorlty and do not r1Ve 4 reMeratIon. B Mlln•r IaIr
BOLTONS GARDEN ENCLOSURES STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 DECEMBER 2024 TnBle88 ore reSpolb19 for weparkng the Tn$8tee8' Report and Ihé fina[[al ststgm8nts in aOrdanCe wilh Ilcabkn l&v and Unltod Kingdom Attounling Standprds (Unltgd Kingdom Genwally Acceptsd Accountii Practice). The law applkable to Chat& In England and Wa188 rewlre¥ thè Trustees to prep8re fUnri01 statements for e•th finantial year which give a Irtp and fair Mew crf th8 State of affalrs of the Charfty and of the inLming resourc4s aThJ application of r8sour¢es of the Ch8rity for that year. In pr•partng th0 finan¢ial stalemwts. the Twstees arg rwulrwj to.. - 8eW sult8ble acc£#Jntkno ptslic8 and then aPF4y trom 0)n$1stty.. - obse• thg methods and prir1p1fj$ in Ihe Charfes SORP,. - makeludgements and e8tlmates that are reasonable and pNdenl: - stats wh8th8r apwioable awounling standards have teen follthved, $ubl¢tX to any mat•rt¥l dopathJr06 disdosed and explain In tha ffinandd statements" arml - WgPOTe Ihg finanoal stglgmenls on the o)nc•m ba818 unle86 Q 18 Inappropriat8 to prosuma that ts chgrlty will ntinUe in operation. The TnBtees are ro8pon8lblefor keeping Sufficient acc%Junti)g rttordsthat diodose wlth reasonablo aci)Jracy at any m8 th8 finandal pos611on of the Charlty and enable them en8We Ihal th9 flnandal statements compty wth the Charllle8 Act 2011, the Charity (Accounts arKI Repts) Regut8ts'ons 2D)8 and the provi8lons of the tru81 deed. T ate also rèspcfflsiblg for safe9UordirrfJ tho as8ets (rf the Ch*lty and hon¢e for taking reasonable steps for the prevention and detecllon of fraud and other irregul4ritiss.
BOLTONS GARDEN ENCLOSURES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOLTONS GARDEN ENCLOSURES I report to TFUSte8s my examlnthn ofthe finandal 8tat8ments ol Bolton8 Garden Endo$uw1tho Charfty) for yoar •nd&J 31 Dmbr 2024. R•bpoMlblllll•s and b•g1• of r•port As tho Tru8tees of tho Charity you are re8pon8itrAa for Ih pr8paration ofthè ancIal stat8m8nts wi acwrdonc8 with the requlrements of the Charilles Act 2011 Ilhe 2011 A611. l rnport kn ros& of my oxamlnatitin of th• ¢htty's finanelal statern8nts c4rrf8d out undersecllon 145 of the 2011 ACL In carrying out my examination I have followed all thè applThbl• Dir8cions given by the Charity Comml88kn under8e¢tion 145(5)Ib) olthe 2011 A¢t. Ingnd•ntex•mln•fs •tat•m•nt I have completed my examirtalion. I confirm that m rnatters hwe com¢ to my attenlfjon In conn8calon wlth the exannal10n gfvln9 m8 caLrse lo belleve that Sn any mrlal fespect.. countN)g re¢))rdswere not kept In respec4 of the Chartty 0$ reqred by se¢llon 130 of tho 2011 Act,. or the finan(xal statements do not a¢r4)rd wlth those re(xwds: or finaneknql staloments do not compty th tho ¥pplic•Ne requirement# tsJn¢8ming the fcffm and L¥Jntani of 8C(¥)unts set out in the Charities (Accounts and Reports) RegulalKsn$ 2008 other thon any Tequlr8rnenl that the a)Unts give a tru8 and fair vbw whlch Is not a mattw con&dgred as part of an independent examination. I h8vo no LMcem8 and ha come across no other matters in conn8dion with thè 8xamination to which attent should be drawn in this ert in order to gnablo a propgr urvJgrstsndiThJ of Ihg flnanclal sta1th71ents trJ bo reached. J H¢)ward FCA Azots Audit SeNice 2nd Floor Regis HOL 45 Klng w111 Street London EC4R WI Doied.1.5. Ap.ril 2Q.?.S
BOLTONS GARDEN ENCLOSURES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 funds 2024 luftd5 2D23 Donations and legaryg$ Investsnents 118,488 130 123.905 Total Incomfr 118.616 123.995 Charftsble actlvltle8 98.736 29.311 25.269 Fd balance8 at 1 January 2024 90.357 85,098 Fund balan¢M at 31 D•c•mb•r 2024 119. 90.357 The siat¢merrt of financial aclNths indudes all galns and1088e8 recognised in the year. All Inm8 and WApendilwe derpR frc¥n contlnuing ac11be$.
BOLTONS GARDEN ENCLOSURES BALANCE SHEET AS A T 31 DECEMBER 2024 2Q24 2023 Doblors CaBh al b#nk and in h8nd 195.041 162,819 195.529 183.284 Cr•dStov•: amounts hlling due In on• ygar (3.02T) (4,883 Net currant assets 1¥2,502 158,401 12.834) 188.044) 119,888 90.357 InMm• fvnd# Unrestrictsd fvnd$ 119,888 90.357 119.e68 90.357 The fina81 statemen15 were 8pprov8d ty the TNstee8 on.... . ... Bmi
BOLTONS GARDEN ENCLOSURES NOT&8 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcl•• CrNY Infomiall•fft The Botton$ G¥d¢ft Endosur88 meets the deflnllknn of a publlc benefft enty under FRS 102. Assets and liabileS arn initi8ly rwn18ed at hlstorfcal ¢08t w trarwLlion value unl958 OtheISe 8tatad In tho re16vanl accounting poltcy notels). 1.1 A¢eountlng ¢w¥onUoTh The financlal statements have been prered in aOrdanCe wilh thg Statement of Recfmmend•d Pradicg.. AcuntIng and Reportiftg by Choritigs prgparlng thelr a018 in accordance wtth the Financial Reportlng Standard applcablo in th8 UK and R¢publi¢ of Irol•nd IFRS 102) issuod on 16 Juty 2014 and the Flnan¢lal Reportlng Standard applICab In the Unlted King¢hJm and the Republio of Irelond {FRS 102} and the chtIeS Act2011. The fknanclal Staellts have departed from tha Charities (Aetynts and Reports) Regulation8 2008 onty to Ihe extent requlred to proyid8 a tru8 and fair vivw. This departure has invcAved following the Statement of Re¢(mended Pracli( for charitie8 apptylng FRS 102 rather than Ihe version of tha St8temont of Rec(M8Jed Pra¢ti¢e whi¢h 1$ roforrsd to in tho Rogulaticffls bul whlch ha8 SI¢0 boan wllhdrnvo). At the Ilme of approving the trustees hove a reasonable exF4Ct9tr. Y)8t the charity has adèquate resour8 to ¢ontinue in ¢)P8rational existsnce for the fore8088ble fulure. Thus the Qhothy ntIn to athpt the gokng ¢ern baw's Of8oun11ny N) Preriftg Ihg financial statements. 12 Charftabl• Unrestsicted fvnds are avail4bl? for use at the the Truyt88s in fiNlh8rar of ther d)8ritable objgdves. 1.3 ITring re8ourc•s All Ino)ming sOUrceS are included in tho Slaternent of FInar101 Ac1{1185 wh8n th& tharity is entiued to the Income arkl thè amunl can be quantsfigd with reason8ble accurw. Iom0 is defernvd when $ttsrytpllon$ cy donations arg rncel¥ed In thnee of evenl or perfod to wfilch th8y rèlatg. 1A Resourcej e¥pond•d Eynditure is tI)Unted for on an atsxual$ basi$ and is irKludod In th• aoxunts 958 of VAT. 1.5 Ca•h and ea•h equl¥al•ntsb Ca8h and ca8h equfrmlents indude noti deposlt& 1.8 Financial In•tNm•rbts Th8 charlty only has financial assets and liobllilw of a klTha that quallfy a8 basic financial 1nstr[tThnts. B881c )In#ncial instrunnIS areinibalty recognised 8t tr8nsacon y&e and wb$8quontty measured attheir sattlement Vae. Debtors are recognised at th8 $01U4m8nt amcwnt du& Croditw are recogrlsed at thety setllemenl aKnI due. 1.7 Taxatlon A8 a th8r*y, the tru8t18 not to iaxaloon on Its Ir8 oron SUrUse8 on dt¥nsal of investm8rts.
BOLTONS GARDEN ENCLOSURES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Donatlom and l•ga¢lo• Umstslct•d Unreslrfcted nd# funds 24 2023 Subsuiptions Iome Other inojme DOnatS 98,700 9,670 107,684 15.1 Fund Gen8ral funds repr8$enl the ndS of the d)arty that ar• not subl8Qt to any $triC0 regardiro thelr u88 and are avallabl8 for applicallon tothe genetal purposes of Thg Bolion8 G#en En¢losur8s. Totsl Totsl 2024 2023 Ind8pend8nt EXannatIOn Fee8 Profes$lonal f006 Insuronce Other 8xponses 1970 2.940 8,600 1.831 1.944 Nona of th& Trustees {or any pdsons Gmnothd them) recelved any r¢munorAUon or benellis fmm the Charfty durlng the year. TNstees will hove thg ow'on, after years of #orvu. to haknp a Ll)mF41ment•ry k¢y lo the gard8n$. Fund Comparntives All oflha fuThJs h81d by Ihe Ch8nty were unreslrthd in thg provious years, arwj thereforelho SOFA and Batsnco Sheot show full comparallvas. uitimatr Controlllng Party The charlty18 w#Jer thè eofttrol ofts Tru8te88. Relthd porty tran8110 Thero were rK• di$¢h)sable relatod paty tr8nsa¢tiM$ during the y.