THE NEW GREEN COMMUNITY TRUST
Independent examiners report for
the year ended 31 March 2024
In accordance with the instTUCtions provided to me. I have reviewed the financial statements
for the year ended 31 March 2024 and can confirni that they are in accordance with the books
and records and inforniation and explanations supplid to me.
An audit of th¢ financial statements has not been conducted.
Sarah Place ATT
Dat¢
Sarah Place Accountants Ltd
Unit 4b
Boldero Road
Bury St Edmunds
Suffolk
IP32 7BS

THE NEWGREEN COMMUNITYTRUST
Siatement offinancial a¢tlvttiesforthe yearended3tst March 2024
Unrestrlcted
Fund
Restricted Fund Total 2024 Total 2023
IncomlngRe50urces frnMgene￿fedlun￿s
Donations and Gifts
2.932
2.$22
Investment Income
2,522
1.028
Sub-Total
5.422
IncomingResourcesfrom chaiitableacU¥ltte$
Rent
7,817
55,897
7,817
55,897
504
6.745
50.458
Hall Hire
Fund Raising
Incomefrom Mast as contribution to lease completion
Other Income
1,500
1.080
14,238
1.042
4.742
1,042
4.742
FIT& Mast Receipls
Total Incomingre50urces
Expenses
Fundraising Expenditure
Maintenance
75,456
75,456
79,4143
328
328
500
10.232
10.232
10,407
579
Bad Debts
Waste Disposal
Cleaning
Electricity
Telephone
G2S
2,831
9.256
4,235
2.831
9.256
4.235
2.225
10.062
4.056
511
4,086
2.223
2,033
2.468
-1.000
2.264
Insurance
Advert15ing
Wate¥
992
Licences
805
805
Donations made
Depreciation
16,651
5.992
16.651
9,992
4.000
9.992
Sub-Total
58.288
4.000
62,288
44.003
Governance Costs
Administration expenses
Protessionalfees
359
359
556
Total resources expended
Nei movement offund5 for the year
Fund balances broughttorward
Fund batance5 carried lorward
59.133
4,000
63.133
45.046
16.323
537,747
554,070
4,000
4.000
12.323
541.747
34.397
507,350
554.070
541.747

THE NEWGREEN COMMUNITYTRUST
Balance sheet at31st March 2024
Note
2024
2023
Fixed Assets
Tangible assets
371,266
381.258
Current A55ets
Trade Debtors
Prepayments & Sundry Debtors
Investment in Thurst CIC
Cash at bank
Current Account
Dep051t Account COIF
Cash in Hand
4,065
1.142
loo
20.551
100
152,660
53,087
147,645
50,625
231.246
203,577
Current Liabilities
Creditors, Accruals & Deferred Income
6.726
8,656
Net Current Assets
224.520
194.921
Longterm Llabllltles
41.716
34,432
TotalAssets
554.070
541.747
Represented by
Unrestricted Funds
Restricted Funds
554.070
537,747
4,000
541,747
Total Funds
554,070
All recognised gains and losses are included in the statement of financial actNttie5 in 2023 and 2024
All amounts relate to continuing actkvities
Thefinancial stateTnents were approved bythe Trustees on
ZO J iJhfE zo
P Wa(fe
Treasurer

THE NEWGREEN COMMUNITYTAUST
Notest¢rmingpart ofthe finan¢ialslate￿ntslolI￿YParendPd3tsl Harth2024
l Accountlngpolicles
The princlpie accounlln8poUc*sarewoutbekw.th*hM DeenapptsedconSistentty￿thepnoIyeai.
General
Thefinancia15tstements have beer7prepared underthe hisiorlcalcostcon¥enlon and InaCcordancew￿h
applicable stènoards.the Charitie5Act1993. Staterr￿n101 recthmmended pracrisesforcharitses and FRS 102
In¢omingResour¢es
Incomeis accountedforona prDVWillS basis
Resources e¥pert4Yed
Alleyndriure is a¢¢ountedforon ana¢¢ruaL*basis
TanglbletL¥edassetsènddepreclatlorA
Depreclèiion Ispr0￿ded iowriieoff costs, ￿eStima1￿ residuaLvaiues(pMthee4)ÈC￿ uselul
The applicable rate5 Used are=.
Leasehold ian(Jand building5
Remainlngierm of life
Furnituie.fixtures,fittingsznd equip[r￿1 Straiort base¢J onW"mated ￿re
Taxat
The ttust isa re&s[e￿o CharityanJ tsnotconsKl￿eo babietoiaxationon itsincome. 1nCL¥neta¥¢Jea￿tedat
source isiecoverablefromthe InLqnd r￿eTh￿e
FundA¢¢ountlng
Detsiis ol the natureand purwseofeachfund IS￿0￿1￿n [KI￿5
2 Tanglble F6xedA55ets
lease1￿ Fumiiure,flxiures
l2ndandbul￿rfs andfftu
Total
As attstApii12023
Disp05als
Additions
119,077
677,045
A5at31st Mafch2024
557,968
119,077
677.045
DepTeclallon
* ISI Apri12023
DisposaLs
Chargefortheyear
A5at315tMarctQ024
105N8
9,992
305.n9
109.320
Netbookvalue
A5at3tstMarclQ024
36L509
37L266
381.258
A53t15tApriL21J23
549
3 Emplowhentcos
Wages
Soc131SeEurttyand pension costs
The aveiage monthlynt¥nDeroteM￿trSee*ex¢1l*1ingwee$￿ds
4 Tru5tee5' remuneration and expenses
No remuneyation dirÈciorindireciWaspaidorlspayableforiheyear.wa5pa￿WiSd￿2t0be paidlo any
trustee oi personsknown to t￿cOnnected ¥￿th allytrustee
tlo expenseswere incurre(tbythetrusteeduringtt￿￿rl2￿ Nill
S Fund5
unTeSt￿¢ted gen¢ralfunds.coMprisei￿)serun￿SWth￿h Ihet￿￿eesaTeff￿eÉ0 use inaceotdart¢e*iththe
Charftable objecti￿$
Restrlctedfundsarefund5which haVebeen￿en foTparhcuiarputF¥isesandprOi￿ts
Therestricied funds represents specthclundivgiowardsthe costs0f￿endingpart oflhe Char￿¢S pro￿rtY
TheTrustee5 are unaware otany unTethctedfunds.and havethereloretrartslerredthe ￿lance brough1fo￿aidt0uDfesir￿¢fe￿

THE NEWGREEN COMMUNITYTRUST
Noie5 formlng part ofihefinan¢ialstatementstorthe yearended 315t March2024
6 Analysls of fund balances
Tanoble
ed assets
D•btors
IrNe5tment Cash atbank
In Sub.
and In Hand
Credttors
Total
Unrestricted funds (note71
Restricted funds
371.266
100
205.747
48.442 554,070
3n266 25.399
100
205.747
48,442 SX070
7 Unrestrlcted Fund$
DeslgnatÈd
Chartlable
fixed asset
funds
General
Funds
Total
Balancè at lstApri12023
Transferto generalfun
Tiansferlron designated fund
Surplu5 fortheyear
Balance at31st Mar¢h 2Q24
186.395
6.200
351.352
537.747
6,200
-6,200
16.323
554,070
-6.200
16.¥23
208.918
345,152
The Designated Charttablefixed assets fund representsihe net book valueol unrestricted
tangible fixed a55et5. In each year an amount istranslerre(I to orfrom theyund repiesentingthe
movement in net bookvalue of unrestrictedlangiblefixed assets in theyeaT.
8 Charity Status
The Trusteeswere infomed on 12thJan 2023. that the Landlordwoulo donatelhe Freehold forthe NewGreen to
Thurston Parish Council subjectto it supportinEa planning app￿CatIOn forthe construthtonof new houses. and
approval by Mid Suffolk District Council. Alhe currenttimethe Twstees are unaware as to howthiswiiiaffect
the status of the charitygoinEfoFwafd. The a¢¢ounts ha¥e been prepared on a eoingconceitk basis.