REGISTERED COlbfPAJYY NUMBER: 02141451 IEngl•nd WAle8) REGLfTERED CItARITY NUMBER: 297098 REPORT OF THE TRUSTE￿ AND UNAt]DTfED FINANCIAL STATEME[ FOR THE YEAR ENDED JI DECEMBER 2024 FOR THE CRABBLE CORN MILL TRUST {A cOmPA￿y LIMITED BY GUARANfEE) McCabE Ford Williatns Chartered Accountants Charlton Howe Dour Stre DOVER Kent cr16 IBL THE CRABBLE CORN MILL TRUST CONfEprfs OF ThE FfNANCtAL sfATEMEiYrs FOR THE YEAR EF4DED 31 DECEMBER 21124 Page Referettte aBd Administrative Drt*i Report ofthe Trust¢fs ltsdepeDdent Euminer's Report Statetllent of FinAtt¢i*l Acltvities B•l*n¢e Shttl 6 to 7 Notes to the FinaDci*I S¢xt¢m¢nts 8 to 13 Detailed Ststement of Finandal AetKvKtt 14 THE CRABBLE CORN MILL TRUST REFERENCE Af4D ADMINISlliATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES A E Collins HWReid B R Walters D KeDingak S K¢niTrgal¢- resignd 30 June 2024 COMPANY SECRETARY A E Collins REGISTERED OFFICE Crabble Com Mill Lower Road River DOVER Kent CT170UY REGISTERED COMPANY NUMBER 02141451 rt with the financiat stst¢ments of the clwity for the year ended 31 De¢embEr 2024. The trus*es have adopted the provisions of Accounting and Reporting by Charities.. Statem¢nt ol Recommended Prndice applicable to charities preparing their a¢¢ounts in ac¢ordan¢¢ with the Financial ReportiD8 Standard applicable in th¢ UK attd Republic of Irel￿ (FRS 102) (effe¢tive l January 2019). OBJECTIVES AND AcfIviTIES Objectives and Aim5 The object of the Tntst is to promote th¢ education tsf the publi¢ through the ]TStoration and preservation of Crabble Corn Mill, River, Dover, Kent and through the dev¢lopmeNt alkd ￿e of the Mill a wot*ing museum exemplifying the pro¢esses alld t¢chniqu¢s involved in historic milling by water poThrr, particolarlyrelated to the 19th Century. Public benefit The have had due rewd for the public b¢nefit guidaDce publis1￿1 by the Charity thmmission. ACHIEVEMEprfs AND PERFORMANCE Cb&rit#ble activittes 2024 Events l) A5 norm￿ the maill fimd rdisin8 ¢v¢nt of the year was the May BeerF¢slival. which werht well. thanks 8$ wnnal go to local peopl¢ and companies within the l¢J¢al ¢ommuDty who SPOJLwred the event. Not the ￿me ¢ould be said of the annual OGtober Cider Festival as the attending w¢r¢ Thrll down meaDiDg less profiL 2) Music nights and Quiz nights Contin￿ to Succ￿￿￿1 within the comllhunity alld tM)w hold a mwh valued regular cIK%tom. 3) Christmas agaill saw families from all oytr the local area attending but again tk numbers are dow￿ wthich we believe is due to famili¢s watching their spendin& 4) Wh¢e]s of Time continues, Mthich en￿UyageS youDg people to visit mtwums ond in doing so collect badges from each one Ihcy aliend. Mill staff attellded their annual meetitlg and said it Wd5 enjoyable. Thanks must go to all our vtslunteers, old a[￿ new, for all the hard work in the organisation of all these eve￿ts, &$ many hours sre put in long b¢fore the a¢￿al events take place. Thanks must go to the South E&st Kent Province of the Royal kntediluvian Order of Buffal¢ies for their charity grant of £3,150. fje￿er￿ repair wM)rk eontinu¢s.' General repair MY)rk has be¢n Cartied out dwin8 the year to the mill, its grounds and the cottages, as follows". The n¢w wooden beam was purchased and repla¢¢d the brok¢n beom on the top lknr hoist. The bridge flooring and decking h&$ b¢¢n replaced. Lights have be¢n fitted to the bridge slop¢ arvd along with a safety rail. The Tn￿le¢S would lik¢ to thank trvery volunteer who has given up their ti]De to pirt in the hours of dedication both in fund raising and work for the Mill. Th¢s¢ volutsieets oftell w)tk long hours and we ¢antknt Stress enollgh that wthout these hard workitjg volunteer5 the Mill would not be able to continue. We ar¢ ¢onslandy on the lookout for new volunte¢rs, which is a hard task in its¢lf. FtNANCIAL REVIEW Fiii&ncial positio 2024 has been a reasonable year for the Tn￿l due mainly to the efforts of everyone involved. Tlie year sadly has meant a deficil on the Tn]st a¢¢oullts for the year of £8,262. On¢ gfy)d part of the year has been the joining of several new volunteers who have 5¢tt1ed in and brought much necded Skills with them. Howevcr wc wish our treasurer well and thank her for ail her hard work she resigned due to family wtsrk commiknents. It is to be reported that the Tradittg Company able this year to transftt the totsi sum of £1,800 itrto the Trusts accounts. Page 2 THE CIIABBLE CORN MILL TRusr REPORT OF THE TRUSTEES FOR THE YEAR Ef*DED 31 DECEMBER 2024 FVTURE PLANS Planned for 2025.. Ther¢ is still ne¢d to r¢newor repoir nb)re mill windtsws. however thes¢ wiThJows h&ve to be ￿￿de by hand and Teplaced like for like at eStiMa￿d cost Of £2.000 each. The cottage front doors will n¢ul to be replaced a5 they are in * very >or condition. The Til¢s to repla¢e the ¢otlag¢ tIooT are also puKhased and be looking to ¢ompl¢te this work. Our concerns are the drop in vi5Ttor5 to events aDd to the Mill for tour5 and I￿re. It is thought to be the way thing5 are at present with famili¢s watching their budget. However th¢ tru5ttts along with the volunteers have said they ar¢ going to do all they Gan to tum this around for and durin8 2025. srRUCTURE, GOVERNANCE AND MANAGEMEpir Governing document The ¢harity is a ¢omp8ny limited by guar¥irte¢ and tKTrt ￿VIng a share capitsL It incoiporated in May 1987. ond the MenK>randutn & Articles contaill the provisMJDS, ￿1¢￿ regulate the purpo￿ and admuiislratioD ofthe Charity. Approved by order of the board of trustee5 On........... . and Sign￿ on its behalf by: H W Reid- TTUStee Page 3 IT4DEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CRABBLE CORN MILL TRUST Independent ex•mintr'# report to the tnL8t¢¢s of The Crabble Corn Mill Trust Cth¢ Compxny report to the clwity tnL%¢e¢s on my ex8min*tion of the TKwJnts of the Company for the year ended 31 December 2024. Responsibllities alld h$is of report As the Gharitys tn￿te¢S of the Company (2Dd ajso its direct()rs for the puryws of company l&w} you are responsibl¢ for the preparation of the accounts in accord2tJG¢ the r¢qutrements of the Compatiies Act 21￿6 {Ihe 2006 A¢V). HAving Satisfied myself that the accouots of the Company or¢ not required ￿ b¢ audited under Part 16 of the 21M6 Act and are eligible for independent ¢xaminatlO￿ I repKyrt in ￿Spect of tny examinatson of your ¢haLIWs accounts os carried out und¢r Section 145 of the Charities Act 2011 (Ihe 2011 ACV). In Carrying out my examination I have followed the Diterlions giv¢n by the Charity CotllTni5sion under Seclion 145(5) (b) of the 2011 Act. Independut examiner'$ $t#ttment I have completed my examination. I coDf]rn that tto tDatters have ¢orne to my attention in conn¢rlion with the ¢xamiDation giving me cause to believe.. a￿oUnting records were not kept in respe(t ofthe Compatty 45 required by S¢¢t&on 386 ofth¢ 2006 A¢L' or the a£couThts do nol accord ￿1th ttb)5e records. or the a¢¢L)unts do not compty with th¢ accounting requirements of S￿ti0th 396 of the 2006 Act other thall any requirement that the accounts give a true and fatr vicwwhich is a ll￿tter Consider￿ as part of atl independ¢nt exa]nination' or the account5 have not be¢n prwred in ac¢tsnlaDCC with the methods aDd principles of the Ststement of Recommended Pra¢tice for aceovnting and reporting by cbarities (8pplicable to charities preparing their accounts in a¢¢ordance with the Financial Reporting Star￿ard appli(able in the UK and Repllblic of Irelgnd (FRS 102)). I have no ¢on¢erns snd hav¢ Come across no other rnatter5 in ¢onllrftion with the eX￿inAtiOn to which attention should b¢ drawn in this report ill orderto enabl£ a proper understanding of th¢ a¢¢ounts to be reaclwl. Jonathan Fllllarton Bsc (Hons) FCA M¢Cabe Ford Williams Chartered Accountants Charlton House Dour Street DOVER Kent cr16 IBL Date.. Page 4 THE CRABBLE CORN MILL TRusr STATEMENf OF F114ANCIAL AcrIvrT￿S FOR THE YEAR ENDED 31 DECEMBBR 2024 2024 Totsl 2023 Total funds Unrestri¢teO EJKlowm¢tLt Notes INCOME AND ENDOWMENTS FROM Donations and legacies 5,983 5,983 4.672 Other trading actiVAti¢s 37,140 37,140 37,848 Total 43.123 43,123 42,520 EXPENDrruRE ON Charitable aCti￿tieS Maintainittg the Mill anil its equipment Management and hdtniwtration 42.463 42,463 8,922 44,018 11.882 Tot*1 51,385 51,385 55,900 NET If4COMEI(EXPEf4DrruRE) (8262) (8,262) (13,380) RECONCJLIATJON OF FUNDS Total fU[￿S brought forward 21.079 1.650,000 1.671.079 1,684,459 TOTAL FUNDS CARRIED FORWARD 12,817 1,650,000 .662.817 1.671,079 The ￿￿¢S form port ofthese finan¢ial statemerts Page 5 THE CRABBII CORN MILL TRUST BALANCE SHEET 31 DECEMBER 2024 2024 Tothl funds 2023 Total Dds Unrestrieted Fmdowment fimd FIXED ASSETS Tangible asset5 [nves￿ents 75 1.650,0 1,650,075 1.650.375 76 1.650.000 1.650,076 1,650.376 CURRENT A&SETS C8sh at bank and in hand 15.306 15J06 23,059 CREDITORS AmO￿ts falling due within one year 10 12,565) (2,565) (13S6) NET CURRENT ASSETS 12,741 11741 20.703 TOTAL ASSffS LESS CURRETrrr LJABILITIES 11817 1,650,1)00 1,662.817 1,671,079 NET A&8ETS 12,817 1,650,000 1.661817 1,671,079 FUNDS Unrestricied funds- General fund D¢sigtLated fund 12,817 14,208 6,871 12.817 21,079 E￿d0￿ment ￿[KiS 1.650,O¢M) 1.650.000 TOTAL FUNDS 1,662.817 1.671,079 The charitable company is ¢lliiiled Éo exemption from audit under Section 477 of th¢ Companies Act 2006 for the year ended 31 De¢¢mber 2024. The mernbers have required the conjpany to obtaitt 8n audit of its fmartcia] statement5 for the year end 31 December 2024 in accordance with Se¢tion 476 of the Companies Act 2006. The trnstees acknowledge their resp(pll5ibililies for {a) ¢nsuring that the ¢haTitable company ke¢ps accounting record8 that ton]ply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements Ththi¢h give a true and fair view of th¢ State of affai￿ of the clthritable company as at the end of each financial year and of its SUTplus or deficit for eacli financial year in a¢cordan¢e with the reqlliremettts of Sections 394 395 and which othenvise wynply with the requirements of the Comp2ni¢s Act 2006 relating to financial 5tatem¢rbts. so ￿ as applicable to the ¢hari¢able company. (b) The note5 forni part of these fing￿1￿1 statemetts Page 6 contitbued... THE CRABBLE CORN MtLL TRUST BALANCE SHErr- e•ntltsued JI DECEhfBER 2024 Th¢5e financial ststements have been prepared ID accordance with thc provtsious 8ppli¢able to charitable companies subjeci to the small companies regirne. Th¢ f￿anCial s tements were appE0V￿ by the Board of Ttustw 4nd authorised for issue on ¢Y/.o.f. .?R.Z<.... and wete signed on its b&ka]f by: H W R¢id- Trust¢¢ The notcs forni part of thes¢ finarKiat statements Page 7 THE CRABBLK CORN TRUST NOTES TO THE FINAf4CIAL sfATEMEprrs FOR THE YEAR ENDED 31 DECENIBER 2024 srATUTORY INFORMATION The Crabble Corn Mill Trust is a charitable company. li￿lled by guarantee, regiskred in England and Wales. In the ev¢nt of the Charity being wound up any property remaining would be given to another charity with simil objects a[￿ if no property remaitKd, the liability ofthe members would be limit¢d to £1. The £1￿7table company's registeffd number registered office address can be found on the Refere￿¢ and Adtninistrative Details pag¢. The fJnanGial statemettts are presented stetling (£) is the fiDKtiothfil ¢urrency of th¢ ¢harity and rounded to the nearest whole pouDd. AccouffflNG POLICIFS Bgsis of preparing the f￿AncIal statements Th¢ fllwcial statements of the charilabl¢ company, thich is a public benefit entity uThJer FRS 102, have been prepared ill accordance with the Chariti¢$ SORP (FRS 102) AccouDtinÉ ar￿ Reporting by Chariti¢s.' Statcmcnt of Recommended Prd¢tice appli￿le iu the UK and Rq)ublic of IrelaThd IFRS 102) (¢ttective l January 2019),, FinanGial R¢Jx)rting Standard 102 Th¢ Finat]¢iat Reporting Stsnd*d applicoble in the UK and Republic of IrelatMI' and th¢ co[np￿1es Act 2006. The fjnancial stat¢llKnts have been prepar¢d uThd￿ the historic￿ cost convention, with the ex¢eptioD of investments which are includ¢d at markd va]uq as modified by the revaluation of certain assets. Finand*l reporting st8Md#rd 102- redlltod distlosure exemptsons The charttable Company has tsk¢n adYaTLtage of the following disclosure exemption in prepating these financial statements. as p¢m]iited by FRS 102 Tr Financial Reporting Standard applicable in the UK Republic of Ireland,: the r¢quirefflents of Section 7 Statement of Cash Flow Preparation of £oo$olidxted f￿ant191 $tgttJnents The finanGial statement$ ¢onlain information about The Crabble Corn Mill TnL%É xs an individual ¢harity ar￿ do not Gontain ¢onsolidated finallciai infonnation as the pw¢n¢ of a group. The charity is exempt ullder Section 400 of the Companies Act 2006 from the WUiTements to prepare consolidated financial sta¢ments as it attd its subsidiary ulldertaking are in¢luded by full consolidation in the consolidated fIna￿la7 statements of tts parent, whose reg￿tered office is-. come All incorne is rwognised in the Statement of Financial Aetivili¢s once the charity h&$ ethtitlement tD thc funds, it is probable that the in¢ome will be received aThl the amount can be m&isuted reliably. Income invoiced in advance is defe￿ed to the period fo which it relates. Exponditure Liabilitie5 are recognised as expenditure &$ $￿A as there is a legal or constrnctive obli￿tiOn committing the charity to thai expenditure, it is probable that a traN5fer oFe¢onomic benefits will be reouired settlement and th¢ amount of the obligation can be m¢asuTed reliably. Expenditure is accounted for on an a¢¢rua]s basis and has been classified under he￿ing$ that aggregate all cost related to the category. Where costs callllot b¢ dit¢¢tly attributed to pthicular headings they have been allocat¢d to activities on a basis ¢ODSi5t¢nt with the use of resoui¢es. Tangible r￿ert nsstts Depreciation is provided at the followiDg awiual ntes order to off each a&set over its cstimated useful life. Plant and machin¢ry 15Yo on cosl Land and buildings are staled at tn￿tc¢s. vatuatio Pa8e 8 coThtinued... TH8 CRABBLE CORN MILL TRusr NOTES TO THE FINANCIAL STATEMEF4TS- cffvntinued FOR THE YEAR ENDED 31 DECKMBER 2024 ACCOUNfiNC POLICIES- tt)ttlillved T#x#tion The charity is exempt from cor]x)ration tsx on its charitable aclivitie Fllnd acvem¢nt in funds At 31.12.23 At 1.1.23 Umreslrieted fund8 G¢n¢ral fund Designated fimd 27,588 6,871 (13 J80) J4,208 6,871 34,459 (13,380) 21.079 EndOw￿ent funds Endowmeni Fund 1,650,(K)O 1,650,000 TOTAL FUNDS 1.614.459 (13.380) 1.671.079 Compardtive net M0￿Ment iTh fimds, included in the above as follows: llltomiThg rtsources Resources ¢xpended Movement in funds Unrestricted f￿ndS General fund 42.520 (55.900) {13,380) TO'fAL FUNDS 42,520 {55,900) {13.380) Page 12 continued... THE CRABBLE CORN l¥flLL TRUST NOTES TO THE FINANCIAL sfATEMEN]S- tontinued FOR THE AR Ef4DED 31 DECEMBER 2024 12. RELATED PARTY DISCLOSURES Dwing the year a donation of £1.800 {2023 - £4.￿) svas received Crnbble Corn Mill Trading Limited. 13. EIWOWMENT FUNDS The pernwiejrt endowment fimd. whicb repr&5ents the heritsge assets of the eompany. ¢ompris¢s th¢ following". 2024 2023 The Crabble Corn Mill Original Cost Revaluation 18.243 1,481.757 18.243 ,481,757 1.500,000 1,5110,000 Mill Cott&ges origin￿ Cost Rev￿uatiO 105,$00 44,500 105,500 44.500 150,000 150.000 PerniAnent Endowment Fund 1.650.OtIo 1.650,000 Summary Original Cost RevaluatSOll 123.743 1.526257 123.743 1,526,257 .650,IKrf) 1,650,000 Page 13 THE CRABBLE CORN MtLL TRusr DETAILED STATEMENT OF FINANCIAL Acrivi VOR THE YEAR E.YDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Donations legaci Donations and grants 5,983 4.672 Other tTAdittg Attivitle5 Premis¢s hire. Event fees aThJ Sw)nsorships Commercial trading operations Operation ofMill- Entry Fe¢s 19,190 17,291 659 24.756 12,330 762 37,140 37.848 Totsl incoming rtsourc 43,123 42.520 EXPENDTfuRE Chgritablt attivities Purchase of gfy)ds for resale I￿8￿raI)ce Light, Heat w)d Water Independent examiners fee Postag¢ and stationery Advertising Other expenditure Maintenance Plant alld machinery 21.826 7,752 7,829 1,380 467 3.096 897 7.838 300 17,806 10,808 4.699 1,074 830 2.317 1,643 15.901 822 51J85 55,900 Total resourc48 expended 51,385 55.900 Net ¢xpendithre (8,262) (13.380) This page do¢s not fomi part of the stalutory financtttl statements Pa8¢ 14