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$lminstsr Bank PIC 18 Cromw911 Road Lond SIJVI 2LB Ind•pondMrt Examln•r J HMTd FCA Azets Audh SeThtss 2ThI Floor Reg08 House 45 King W￿l11aM Stroet London EC4R 9AN BOLTONS GARDEN ENCLOSURES CONTEKrs Trusteos, report Statement of trustaos, respon￿bilItieS Independont ¢xamlnol$ 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￿$10n& of th8 Stsiement of Rttommendgd Practice ISORPI"Accounting and Rewting by Charrtigs. {FRS 1￿2) in preparkng the annual rewt financial stat6monts ofthe charity. Tho finarval statements have been prepared In 8ccord8neé with th8 accounting polrcies sel out In notes lo tho atto￿ts and CoM￿YW1th the charity's govemKU dC￿ment. the Chadlles Acl 2011 and A0￿Unting and Reporting by Charilbes.. Statsment of Re¢ommend8d Pr8ctKe ap￿1¢abl0 to tharilies preparing their accounts in ￿ance with the Finaniial Roporthy StsryJ8rd applk*blo in th& UK and RepubtsG of ITeland UK pUblis1￿d on 18 July 2014. Ob￿¢11¥￿ and actlvmt The tru8tee8 ojnffimi that they have TefgTf8d to the guidance conlalnad in the Charity CommissKJn'$ general guldance ￿ pubfic benefft when re￿￿vIng th8 ch*ity'$ aims and otyethes and in planrAng future actMIi6s. objeclwe of the charlty18 to rKomotè th• Fe￿anant pr8sepiaion for the benefft of the pU￿C 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¢h1￿monts and p•rfomian¢• During the year. the Charlty ￿ntInUed to malntain and KYeseNe Thè 8oAons Garden Encfosures and protact and p￿eNe the character and the amenibés of thgm for the benefit of the public generalty and e$pgC4alty for th8 inhabitants of the Pafish of Si Mary The Boltons. Flnancial v•¥l•w Dunno the y••r, th• chwity had gTOSS income of£118,616 and had eX[w￿llUre of £19.529 in ts fvrtheranc* of the chariVB objectives. £89.717 was s￿nt on garden maintenance. Th8 pclty of th8 Tm8t8es Is to m8intsin sufficlenl re8er¥es to provide the Income requlred to mèet the Trustees, pmposed level of payments. Forthis purpose, the ft￿d$ 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 Parti￿191y. 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 WO￿11 M￿helle 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 i￿lude8 meetlngs 74Ath cJJrTenl trustees 8nd P￿S1On of key wrformalion. T￿￿t8•S uThJ8ryo tralnlng 8t moèling6, •8 and whgn rwdgd. The trustees have examlr*d 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 $1oblli0od ai a rats of between 2% . 4%. hwver day to runring CO8ts sp&* to CAJr O￿Tat￿l￿ 810 runn￿9 in exc85$ of this g.g. water, labow costs. and this ha5 h•J to be l*en Inlo Con￿derat￿n. Th8 truste8s beSe¥e that there we s￿￿ent 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 r￿1Ve 4 reM￿eratIon. B Mlln•r I￿aIr BOLTONS GARDEN ENCLOSURES STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 DECEMBER 2024 TnBle88 ore reSpo￿lb19 for weparkng the Tn$8tee8' Report and Ihé fina[￿[al ststgm8nts in a￿OrdanCe wilh Ilcabkn l&v and Unltod Kingdom Attounling Standprds (Unltgd Kingdom Genwally Acceptsd Accountii Practice). The law applkable to Cha￿t￿& In England and Wa188 rewlre¥ thè Trustees to prep8re fU￿nri01 statements for e•th finantial year which give a Irtp and fair Mew crf th8 State of affalrs of the Charfty and of the inL*ming resourc4s aThJ application of r8sour¢es of the Ch8rity for that year. In pr•partng th￿0 finan¢ial stalemwts. the Twstees arg rwulrwj to.. - 8eW sult8ble acc£#Jntkno ptslic*8 and then aPF4y trom 0)n$1st￿ty.. - obse￿• thg methods and prir￿1p1fj$ in Ihe Charfes SORP,. - makeludgements and e8tlmates that are reasonable and pNdenl: - stats wh8th8r apwioable awounling standards have teen follthved, $ubl¢tX to any mat•rt¥l dopathJr06 disdosed and explain￿ In tha ffinandd statements" arml - WgPOTe Ihg finanoal stglgmenls on the o)nc•m ba818 unle86 Q 18 Inappropriat8 to prosuma that ts chgrlty will ￿ntinUe in operation. The TnBtees are ro8pon8lblefor keeping Sufficient acc%Junti)g rttordsthat diodose wlth reasonablo aci)Jracy at any m8 th8 finandal pos611on of the Charlty and enable them ￿ en8We Ihal th9 flnandal statements compty wth the Charllle8 Act 2011, the Charity (Accounts arKI Rep￿ts) Regut8ts'ons 2D)8 and the provi8lons of the tru81 deed. T ate also rèspcfflsiblg for safe9UordirrfJ tho as8ets (rf the Ch*lty and hon¢e for taking reasonable steps for the prevention and detecllon of fraud and other irregul4ritiss. BOLTONS GARDEN ENCLOSURES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOLTONS GARDEN ENCLOSURES I report to TFUSte8s my examlnthn ofthe finandal 8tat8ments ol Bolton8 Garden Endo$uw1tho Charfty) for yoar •nd&J 31 D￿mb￿r 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• ¢h*tty's finanelal statern8nts c4rrf8d out undersecllon 145 of the 2011 ACL In carrying out my examination I have followed all thè applThbl• Dir8c*ions given by the Charity Comml88kn under8e¢tion 145(5)Ib) olthe 2011 A¢t. In*gnd•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 exan￿nal10n gfvln9 m8 caLrse lo belleve that Sn any m*rlal fespect.. countN)g re¢))rdswere not kept In respec4 of the Chartty 0$ req￿red 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 ￿e￿rt 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 F￿d 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 In￿m8 and WApendilwe derpR frc¥n contlnuing ac11￿be$. BOLTONS GARDEN ENCLOSURES BALANCE SHEET AS A T 31 DECEMBER 2024 2Q24 2023 Doblors CaBh al b#nk and in h8nd 195.041 162,819 195.529 183.284 Cr•dStov•: amounts hlling due In on• ygar (3.02T) (4,883 Net currant assets 1¥2,502 158,401 12.834) 188.044) 119,888 90.357 InMm• fvnd# Unrestrictsd fvnd$ 119,888 90.357 119.e68 90.357 The fina￿81 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•• C￿rNY Infomiall•fft The Botton$ G¥d¢ft Endosur88 meets the deflnllknn of a publlc benefft enty under FRS 102. Assets and liabil￿eS arn initi8ly rwn18ed at hlstorfcal ¢08t w trarwLlion value unl958 Othe￿ISe 8tatad In tho re16vanl accounting poltcy notels). 1.1 A¢eountlng ¢w¥onUoTh The financlal statements have been pre￿red in a￿OrdanCe wilh thg Statement of Recfmmend•d Pradicg.. Ac￿untIng and Reportiftg by Choritigs prgparlng thelr a￿0￿18 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 ch￿tIeS Act2011. The fknanclal Sta￿ellts have departed from tha Charities (Aety￿nts 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(￿M8￿Jed 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 resour￿8 to ¢ontinue in ¢)P8rational existsnce for the fore8088ble fulure. Thus the Qhothy ￿ntIn￿ to athpt the gokng ￿￿¢ern baw's Of8￿oun11ny N) Pre￿riftg Ihg financial statements. 12 Charftabl• Unrestsicted fvnds are avail4bl? for use at the the Truyt88s in fiNlh8rar￿ of ther d)8ritable objgdves. 1.3 I￿￿Tring re8ourc•s All Ino)ming ￿sOUrceS are included in tho Slaternent of FInar￿101 Ac1{￿1185 wh8n th& tharity is entiued to the Income arkl thè amunl can be quantsfigd with reason8ble accurw. I￿om0 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 9￿58 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[tTh￿nts. B881c )In#ncial instrun￿nIS areinibalty recognised 8t tr8nsac*on y&￿e and wb$8quontty measured attheir sattlement Va￿e. Debtors are recognised at th8 $01U4m8nt amcwnt du& Croditw are recogrlsed at thety setllemenl a￿K￿nI due. 1.7 Taxatlon A8 a th8r*y, the tru8t18 not to iaxaloon on Its Ir￿￿8 oron SU￿rUse8 on dt¥nsal of investm8rts. BOLTONS GARDEN ENCLOSURES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Donatlom and l•ga¢lo• Umstslct•d Unreslrfcted nd# funds 24 2023 Subsuiptions I￿ome Other inojme DOnat￿S 98,700 9,670 107,684 15.1 Fund* Gen8ral funds repr8$enl the ￿ndS of the d)arty that ar• not subl8Qt to any ￿$triC￿0￿ regardiro thelr u88 and are avallabl8 for applicallon tothe genetal purposes of Thg Bolion8 G#￿en En¢losur8s. Totsl Totsl 2024 2023 Ind8pend8nt EXan￿natIOn Fee8 Profes$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$. Fund Comparntives All oflha fuThJs h81d by Ihe Ch8nty were unreslrthd in thg provious years, arwj thereforelho SOFA and Batsnco Sheot show full comparallvas. uitimatr Controlllng Party The charlty18 w#Jer thè eofttrol ofts Tru8te88. Relthd porty tran8￿110￿* Thero were rK• di$¢h)sable relatod paty tr8nsa¢tiM$ during the y￿.