Perranporth Gardens Charities Annual Report and Financial Statements For the year ending st 31 December 2025
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARrriES FOR THE YEAR ENDED 31" DECEMBER 2025 CONTENTS Page Trustees, Report Independent Examinerfs Report 10 Statement Of Financial Activities 11 Balance Sheet 12 Notes to the Financial Ststements 13-20 Page l of 20
THE REPORT AND ACCOUNT5 FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 31st DECEMBER 2025 TRUSTEES, REPORT 2025 The Board of Trustees presents their report together with the financial statements. Perranporth Gardens Charities {'The Chariw) in this report refers to the four charities which were amalgamated for administrative wJrp05es in 1937. The Duchy Trust, The Williams Trust, The Bus House Trust (which is now the Beach Car Park). Boscawen Gardens Trust (The Clock Gardens and Lakeside Gardens). The Railway Embankment and walks have also been part of The Charity's Estste since 1983. The Charity operates under a constitution dated 5 November 1937. The Charity is a public benefit entity, and The Trustees have had due regard to the Charity Commi&sions guidanGe on public benefit. Rateronce and Admlnlstratlve Detalls In preparation of this Annual Report the Secretsry and the Trustees are aware of the Statement of Recommended Practice 2019. The report, we hope will show aims and hope8 of the Twstees and a Glear and concise explanation of the achievements during 2025. Th6 Truste68 for 2025 Anthony Gardiner (Chair) Robert Plimley e4llce Chalr) Stephen Miners - deceased January 2026 Lee-Anne Bray Darren Stephens Michael Male Damian Tredinnick Tanya Leigh-Gilchrist Frances White Representative Trustee - resigned March 2025 Secrntarylmanager Lynda Bowden Accountsnt Karen Harris Prlnclpal Offlce The Gardener's Room, 8oscawen Road, Perranporth, Comwall TR6 OEP Bankers Lloy(Js Bank Plc, T Boscawen street. Truro. Comwall TR12QT NS&I, 1 Drummond G8te, London SW1V 2QX Sollcltors Stephen Scown LLP. Osprey House. Malpas Road. Truro. Comwall TR1 1 UT Independent Examlner James Hodgson BA (Hons) FCA, Hodgsons, Chartered Accountants, 48 Arwenack Street, Falmouth TR113JH Charity Roglstratlon The Chanty registration number is 300586 Page 2 of20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 31" DECEMBER 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT The Charityrrrust land consists of The Promenade and Car Park, Promenade Garden, Clock Garden and Lake Garden (also known as Boscawen Gardens). Tywamhayle Garden and the NamparalRailway Embankment (which includes the British Legion Garden) being the remains of a former GWR line dosed in 1963. One Trustee, Damlan Tredlnnlck Is a -Nornlnated Trustee-. appolnted by the Rlght Honourable Viscount Falmouth. Nominated Trustees serve for lrfe. Frances White, was a 'Representative Trustee", appointed by Perranzabuloe Parish Councll. The Charity has made an application to the Charity Commission to incorporate as a Charitable Incorporated Organis8tion, Pending the results of this application it was agreed with representatives of both the Viscount Falmouth and Perranzabuloe Parish Council that, due to the proposed changes lo the constitutlon (accepted by both Parties) there would be no additional appointments as Nominated or Representative Trustees, pending the result of this application. The remaining Trustees are known as "copIatiVe Trustees and serve for a term of five years. When their term has reached its end, they may be re-elected for a further term of five years. Should a Co-optative Trustee die during their temi of Offi or be removed from that tenn of office, as detailed in paragraph 12 of the Goveming Document, the Trustees may appoint a replacement Trustee. Within the limits prescribed in the Goveming Document the Trustees have full power from time to time to make regulations for the management of The Charity and for the conduct of their business, including the summonlng of meetings. deposit of money and th8 safe custody of documents. The Charlty currently employs 8 pennanent staff: . Secretaryimanager, responsible for the day to day running of The Charity. Accountsnt to manage the Charity's finances (part b'me). 7 full and part time employees who tend and take Gqre of the estate and gardens. In the summer months the Charity employs 1 part time slaff to hire the boats and putting In the Lake Gardens. As the village gels busier each year from March onwards, more hours are required from the current staff to accommodate this. In the peak summer months, the beach numbers can be as high a5 12,000 daily. Therefore. this has a big impact on ourfree facilities and a lot more lime and effort need to be dedicated to the toilets, bins, and housekeeping. The gardeners and their assistants are responsible for raising summer annual bedding plants (about 10,000 plants per year and 5,000 bulbs) as well a5 the raising of perennial shrubs and trees. In addition,10,000 wall flowers. polyanthus, primrose are planted for the winter bedding. We have a display bed which is usually on trend with current happenings. The community appreclate the gardens and estate. we have people coming from miles away to spend time enjoying our beautiful gardens. embankment, and lake area. Page 3 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 31" DECEMBER 2025 The following worf(s and projects were achleved In 2025:. All works and projects are carried out by Ihe stsff on site. it is unusual to have outside contractors, and we only use them when something is specialised. January 2025 The floor in the toilet block in the carparf( was replaced this month, we are hoping it will durable and hard wearing. The disabled toilet door was replaced. with the toilet block open to all elements of weather, it has proven difficult to get doors which are hardwearing and durable but also light enough for use. February 2025 Very old and woody shrubs and trees were removed from the Lake Gardens near the loilet block for health and safety reasons. with the original fencing reused and griselinia planted in its place. March 2025 All the outsides of the buildings were given a fresh coat of paint, ready for Easter. All benches and blns We painted for Ihe new season and were put out in time for use. The office stairs were replaced with durable Iroko wood in line with building control requirements. The end wall was clad with cement boards and a concrete base installed prior to fitting the stairs. The area was fenced with a discreet access gate, and an inforniation sign about the charity was added. In preparation for the future refurbishment of the Lakeside toilets, a mundic test was undertaken. The results showed no presence of mundic, which was a positive outcome for the building work. Aprll 2025 In the Willow Garden opposite the car parf(. an 8re8 near the Doctors, Surgery has caused problems for many years, with people sitting on b18nkets under the windows and affecting privacy. Wlld grasses and flowers were sown, and a fence added to prevent this. May 2025 Additional help in the gardens and housekeeping tWiC8 a week for the summer months. The tsedding plants were put in 8nd were spectacular throughout thé summar season. Around 10,000 plants were carefully raised and tended to achieve this effect, and the displays were enjoyed by both the local community and visitors to the village. An extensive number of perennial shrubs and plants were put throughout the gardens. Old woody shrubs were further cut back eround the bridge in the L8ke Garden, a change welcomed by the village for improving pedestrian visibility when Ssing the road on the bridg6. All stsff compSeted their fire safety ano first aid courses during the year. This ensures that staff are fully trained to respond appropriately in the event of an emergency and helps maintsin a safe environment for visitors and colleagues. A particularly high level of algae was present in the lake this year, creating an unsightly appearance and affecting fish welfare. It was a150 recognised that this would have caused difficulties for the model boat club and the main boats in Ihe summer months. Page 4 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTh GARDENS CHARITIES FOR THE YEAR ENDED 31" DECEMBER 20Z5 Staff designed a simple pulling cart to remove algae during the summer months. As this process is time-intensive, a pump was additionally brought in prior to the opening of the boating and putting facilities. June 2025 Along the embankment walkway, a portion of the Charitys land has been subject to unauthorised encroachment by an adloining propety. which has been using Ihe land as an access point to that propety. In order to prevent further unauthorised use and to protect the Charity's propety rights, boulders have been installed along the embankrnent adjacent to the neighbouring property. The entrance via Granny's Lane has always been problem with its gradient and people slipping on the loose stones and has been addressed numerous times through the years. A tarmac path with a strong handrail was put in place. This has solved problem for now and in the future. A new Iron reduction filter pump was fitted in the carpark toilets, this has made a massive difference to the blockage, flow and buildup of brown residue in the cistem and the toilet pans. July 2025 The charity received a bequest from a local resident. which was used to purchase two picnic benches for the new area opposite the Old Bank. The putting green and boats were open during the summer months, and new modem, bright signage was purchased, completing the new open look of the gardens. August 2025 It was a very busy summer with the boats and puttrng, wheelchairs. and showers. The car park was also extremely busy, with a steadyflow of visitors using the toilets throughout the summer. Additional staff cover was provided to accommodate this demand. The Promenade Room floor was replaced, with insulation installed underneath. It is hoped this will prove eff8Ctive during the wint8r months. as the cold has been an ongoing issue. September 2025 Wall flowers and bulbs were planted throughout the estste for the winter displays In the garden. The supply of wall flowers were so healthy this year that we We able to give some plants which were surplus to other charities within the village. The bottom of the embankment entrance adjacent to the new ramp was excavated to provide an off-road hardstanding area for embankment maintenance work. October 2025 The entran to the carpark was retamacked as there were a several large potholes. The charity changed its waste collection provider, with the expectati that this will result in reduGed costs. Page 5 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 31° DECEMBÉR 2025 November 2025 The display bed for Remembrance Day was appreciated by the communty", it was very fitting and prepared tastefully. The charity invested in a new backboard which should last for a few years to come, see below:. The refurtjishment for the toilets in the Lake Garden started this month, a disabled toilet will be incorporated within the refurbishment and a welfare room for the staff. December 2025 The tree surgeon started the thinning out of the embankment trees, The tree surgeon will be attending 10 times this season to cut and remove densely populated growth. This is all within the planning permission granted to the Charity by Comwall Counal. It will continue after Christrnas, the cut wood will be removed by the tree surgeon. An impressive Christmas tree and additional festive d8corats.ons were installed throughout the gardens. New light displays were created by staff. supported by the installation of a new electrical box. Festoon lights and decorations mained in place throughout the Christmas period. The staff also decorated a tr88 at St Piran's Church for the Christmas tree festival, ours was 1 of 47 that were on display inside the church. Servlce contracts: are in place for all Fire equipment. Alarm system. Wallgate {hand washing in the Toilels), the Stairfift in the promenade room, the clock in the Clock Gardens, sanitary waste and HR legal advisors, in addition, the garden machinery are all seprficed each year. Page 6 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 3151 DECEMBER 2025 Objectlves, Actlvltles, Perfonnance and Future Projects The objective of The Charity is to administer the Trusts land io benefit both the residential population of Perranzabuloe and visitors to Perranporth. The Statement of Financial Activities clearly shows that the income derived from the Car Park pays for all the expenditure incurred in the running ofThe Charity. After costs, surplus funds may be granted to local Charities and nonprofit clubs. Rentals and other Incom• - Tha Promenad•: room Is used for Yoga classes. birthd8y parties and conf8r8nces, with continual flow of use. Again, this year the Charity are very pleased that the Promenade room was used daily by 'Grow-change' during school term times, this 18 an extension of schoolSng for students who do not go to mainstr88m school. Boats and puttlng In the lake gardens are rented out to the public: there is small Income collected to cover the wage of the Stsff. Prices are kept low so more people can enjoy. Beach wheelchalrs: when the 811-terrain wheelchairs are rented, we receive dOnaonS fortheir use these are used all year round, the most use 18 in the summer months. Showers: were opened thls year In the busy summer months, many people mentioned they were happy about the facility. Memorlal Leaves: in the boating lake garden have in(yeased. Due to lack of space new criteria have been set. The person the leaf is dedicated to must have lived in the Parish and taken part in the community. Each application is considered by the Trustees at their Meetings. Car Spaelng Rental: there are 30 Car Park Spaces which are rented out to the businesses in the village. These can be found on Beach Lane: they each bring in a gross income of £350 per year per space. Pa8e 7 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 315t DECEMBER 202S Donatlon8lGrants: The Charity was able to donate to many charitieslassocialions this year- all was gratefully reGeived by the community in 2025. Frogs Goonhavem Hall Patient Particlpation group 1st Brownies Guides PP Marine Con. PP Hub Pain Clinic RVS Good Companions Mental Health Support Grou pips Rainb¢)WS PP Tennis Club Memory Café Coastal Roots Church Acom Child Friends of St. Piran Church Perranporth Players Natter Chatter Comwall Old Society Community Kitchen Museum Trust Perran Bay Care home Memorial Hall PP Methodist Peffanporth SLSC Table Tennis Goonhavern Bolingey hts H8lv8or Court Art and Well being Rugby Club Micros Rugby Club Junior Perranporth Art Group Perranporth hts Goonhavem AFC Skate Part(8olenna St Piran Trust Page 8 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 31st DECEMBER 2025 Future Projects: . Planning pemission has been granted for the felling of trees on the embankment. This is a 5-year plan to thin out the trees to allow light so other treeslshnjbs will be allowed to flourish. The Gardenerfs Room roof will need to bo r•placed in the future. as it has been r8paired many times and needs a more pemanent fix. The Gardenerfs Room will be updated so it more user friendly. The toilets in the lake gardens will be finished early spring. With a concreted area behind the toilets Sn the cornpound for ease when working. As the Memorial Tree is nearly full there are plans for an additional area within the gardens by Ihe Bowling Club. Remedial electric81 work will need to be done in the dock gardens to replace the electrical feed into the clock. This work will need to be done early spring as it will involve trenches through the garden8. Opposite the bog garden in the lake gardens there Is a large seating area vthich keeps getting flooded. This will need to be address Sn the earty spring as it is now getting to be a concem. The bench seats In the Clock Garden lch have wooden tops, these have been replaced several times in the past, a more permanent repair will be done with slabs. Trust••lChalr Anthony Gardiner Flnanclal Revl•w for 2025 The Charity maintains general reserves in excess of 6 months of expenditure which are held in the bank. The reserves are used purely for the ongoing operation of the Charity's objectives. Due to th8 work nec8ssary on repair5 on office stairs, car park toilets and the Lake Garden loilets 2025 results showed a loss of £9,121 {2024 . profit £79,385). Unrestricted reserves at 31 December 2025 remain healthy at £895,981 K Harris FCCA (Accountant) Page 9 of20
THE REPORT AND ACCOUNTS FOR PERRANPORTh GARDENS CHARMES FOR THE YEAR ENDED 31" DECEMBER 2025 INDEPENDENT EXAMINER'S REPORT Independent Examlnerfs Report to the Trustses of Perranporth Gardens Charities I report to the charity trustees on my examination of Ihe accounts of the tharity for the year ended 31 December 2025 which are set out on pages 10 to 18 Responslbllitles and basls of report As the charity's trustees you are responsible for the prepara1j1 of the accounts in accordance with the requirements of the Charities AGt 2011 ('the Act,). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable DireGtions given by the Charity commissi( under section 145(5)(b) of the ACL Independent examlnerfs statement The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. I have Gompleted my examination. I confim that no materfal matters have come to my attentlon in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept In respect of the charity as required by sectlon 130 of the Act., or 2. the accounts do not accord with these records: or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come auoss no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. James Hodgson BA (Hons) FCA Hodgsons Chartered Accountants 48 Arwenack Street Falmouth TR11 3JH Page 10 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTh GARDENS CHARITIES FOR THE YEAR ENDED 31" DECEMBER 2025 STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2025 Total 2025 Unrestrlcted Funds Total 2024 Unrestrirted Funds Notes INCOME AND ENDOWMENTS Donations, Grants and Legacies Charitable Activities Income from Investments 1,452 489.005 8,346 905 468,534 .294 TOTAL INCOME 498,803 477.733 EXPENDITURE Charitable Activities Governance and Support Costs Depreciation & Amortisation 431.192 64,835 11,897 334.524 51,030 12,794 TOTAL EXPENDITURE 507,924 398,348 NET INCOME I (EXPENDITURE) {9,1211 79,385 TOTAL FUNDS BROUGHT FORWARD 905.102 825,717 TOTAL FUNDS CARRIED FORWARD 17 895,981 Page 11 of 20
THE REPORT AND ACCOUNT5 FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 3151 DECEMBER 2025 BALANCE SHEEfAS AT31 DECEMBER 2025 Totsl 2025 Total 2024 Notes FIXED ASSErs Tangiblea55ets li 322,461 325,061 CURRENT ASSETS DebtOf5 and prepayments Cash in 8ankand at Hand 12 13 15,082 568,990 584,072 12,856 601,984 614,840 CREDITORS: Amounts falllng due wlthln one year 14 110,5521 134,7991 Net Current Assets 573.S20 580,041 Net Assets 17 895.981 905,102 FUNDS OF THE CHARITY: Unre5trlrt•d InoJm• lunds Unrestricted funds 16 895 981 905 102 Trtal Funds 895,981 905,102 These Financial Statements were approved by the Trustees on . 2K _ Mr A Gardiner, Chair The notes on pages 14- 20 form an inlegral part of these financial statements Page 12 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 31" DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS Statuto Information Perranpoth Gardens Charlttes Is an unlncLYpyaled charty reglstered wth the Charity Commlssion in England. The regislered office •ddress Is The Gardenerfs R(w, 80scawen Road, Perranporth. Cornwall TR6 OEP The registered number is 300586 The Charlty wa8 fomied by a merger in 1937 beiween th8 foNowing charities :. Th¢ Duchy Tru8L The Williarn5 Tw8t, The Bus House Trust and Boscawen Recrealicrf) Grourmj. The RaiW Embankmenl is also now included which was given to The Charity in 1983. These flnanclal ststements cover an IndldUal entty. B•sl$ of pr•p•rntlon The Charity constitutes a public benefit enlity as defin&J by FRS 102. Th8 finanaal statement5 h8ve been proparfrd accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitlès preparing their accounts in accordance with the Financial Re'n9 Standard applicable in the UK and Republic of Ireland IFRS 1021, the Financial RerM)rting Standard applicable in the United Kingdom and Republic of Ireland {FRS 1021. the Charltle8 Act 2011 and UK Generally Accepted Practsce The flnanclal statements ar8 pr8pared on a golng concem bas[$ under the hl$lorfcal cost conventlon. The fin8ncSal statements are prepared In sl&rling which i¥ the functional cxjrrency of the charity and rounded to the nearest £ The slgnfflc8nl 8ccounling policies applied in the prep8ration of these financial 5taiements are set out below, which have b8en con3lstently applled to all years presented unless olhen¥ise ststed C•h Flow St•t•m•nl A Cash FIN Statement 15 ifKthd tr) excess Golnq Con¢•rn The Trustees have concluded that there are no material uncArtainties aboul the Charity's ability to continue as a going concern as the Charity holds sub8lanlial reserves. and rf these are r>)mpared against known and anlicipaled levels of Ilablllties expected lo be faced by the Charity they ale confident that there is no signmcant rfsk of any financlal fallure. Ch•nTt•bl• Ineom•. hlon•t•ry Don4tlon$, L•p•cles and Don•t•d Goods and Seryle•s All ehorilabk8, donation and legacy income is included in the statèmenl of financial activities when the Charity 18 legally enlitl8d to the income and th• amount can b8 quantiffied vthh reasonable acoJr8cy Donated gc(Jds or $8rvices are rM)t valued on receipt unles8 a valuation is deemed necessary by the Trustees due to malerldlSty. All In8 recelve(l as 8 resull of such aon01nS Incktded a5 other charrtable incomè 8$ above. Investment Incom8 Is recognb5ed on a rèceNable basi5 Gr•nt Incom• Grant income is recognised when the Charity has an entitlement to the fvnds and any conditions Ilnked to the grants have been mel. Where perfomance conditi'ons are attached lo the grant and are yel to be m8L the income is recognised as a liabillty and included in the Balance Sheet as defefr&J income to be released Govemment Grants are re¢wnlsed based the perfomiance mryjel and mgasured at the fair value of the asset received or receivable. All govemment grants are recognised during the peri(¥Js in which the PerfOnanCe related conditions have been met. Page 13 of 20
THE REPORT AND AccouKfs FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 315t DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS (Cont) Expgndlture l expend'rture is accounted for on an accruals ba¥is and h8s been induded under expense catagorlès that aggregate all costs for allocalion to actsvrties. Where St$ cannol be direclty attn'buted lo particular activilies Ihey have been allocatéd on a basis conslstent with the use of Ihe resources. Governance and Support C08ts are those ctssts incurred in compli8nce vlth constitijtsonal and statutory requir&m8nts and wth th8 management and administraty'on of the Charity Tax•tlon Th8 Charity is an exempl charity within the meaning of schedule 3 of the Charities Act 2011 and 1$ Considered to pass the tests set oul in Paragraph 1 Schedule 6 Finance Act 2010 and therefore rt meets the definiuon of a charitable company for UK corporation tax purF4)ses T•nqlbh Flx•d A¥s•ts Individual fixed assets are recorded at cost, 1885 any subsequent accumulated depreaatson 8nd Impalm)ent costs Deprncl•th>n and •mortlsatlon Depreclatlon 1$ provided on tsngible fixed assets as lo wrlte off the ¢osi of valuation, les$ any estlmaled re8ldual value, over Ihelr expectsd useful econ¢iG life a$ follows A•••t Cl••• Buildlngs and renovatlon$ Plant, mathinery and solar pano18 Office Equipmenl D•pr•¢latlon m•thod and rat• 2.OOYD $tr8ighl lina on cost 20.00% straight Ilne on cost 33.33% Straighl line on cost Debtors Tr8de and other debtors are rgcognis8d at thè 88ttlemenl 8mount due after any trade dlscounl offered. Prepaymènts ara valued at the 8mounl prepald nel of any trade dlscounts due Credftorn Creditors are recognised where the Charity has a presenl oLquation results.ng from a past event that will probably result In the tran8feT of funds to a third paty and Ihe amount due to sett5e the obligation can be measured or estimated rellably. Credltors are rKrnallY reLwnised at their settlement amount after allowing for any Irade d15counls due C•h •t b•nk and lft H•nd Cash al bank and In hand Includes ¢88h and 8hort temi hlghly Ilquld Inve8trnents wlth a short maturity ol three rnonths or1888 from trlo date of a¢qul8lUon or opening of the doposll or simllar account Funds Unreslrlcted lund$ are general lunds that are available for use ai Ihe Trustees. disGrelion. De¥lgiiaivQ funtt5 01 £270.QOQ are UnSin8 Wnds Ihal have been designated by the Trustees for fvtufe projact work as necessary on the sea wall. There are no specific commrtmenls or timings for this Wofk al this time. P•nslons and otherpost r•tlrement obllq•tlons The Charity operates a defined contribulion 5cheffle where fixed ¢onln"butions are paid into a pension fund and the Charity has no legal or ¢onslnJctive obligation to pay further contr11tions even rf the fund does not hold sufficlent assets to pay all tho omr4oy09$ thè b8n¢fits relating to omploy¢e sorvi¢o in the current and Prior p8riod8. Contributions to defined contr1ttion plans are recognised in thg Statement of Financi81 ACtiveS ¥then they are due. If contribution payments exceed the contrlbJlton due for the service, the excess is recognised a5 a prepayment. Page 14 of20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 31" DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS (Cont) Totsl 2025 Unrestrirted Funds Totsi 2024 Unre5trirted Funds 2 Income from DonatloTrs Grants and Le ades Donations from Individuals 1,452 9)5 1,452 905 3 Income from Charftsble Actlvltles Car Park Toi lets and Showers MÈeting Room and Office Beach Lane Bowling Club, Boating Lake and Putting Green 470,419 452,338 6n 5,140 7,50) 6,438 8,750 468,534 4 Income from Investments Other Investment Income 8,294 8,294 Total Income 498,3 477,733 Page 15 of 20
THE REPORT AND ACCOUNT5 FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 31st DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS (Cont) 5 Ex endlture on Charftable Artlvltles Totsl 2025 Totsl 2024 Unrestslcted Unre5tr1cted Car Park Gardens Toilets and Showers Meeting Room and Office Donations 29,1 267.925 36.131 69,Ir2 28,846 24,729 2[,856 45.057 33,092 24,79) 431.192 334,524 6 Governance and Su Staff Costs Wages and Salarie5 Soclal Security Costs Penslon Costs ort Costs 42,251 4,657 38,736 2,765 870 Training Independent Examlners Fees Legal Fees Serylce Contracts I,QS 1421 1.270 6,224 2,111 L487 5,166 4,120 12,5141 4,362 Rates OtherG0Vernan Costs 64,835 51,030 7 OtherEx endlture Depreciation and amortisation 11.897 12,794 8 Trustees Remuneratlon and ex No Trustees have reiVed any remuneration orreimbursed expenses from the Charity duringthe year nses Pa8e 16 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 31° DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS {Cont) 9 Staff Casts The awe8*e a)sts were xl0lltr. Wa8es and salarSe5 Sodèl Securfty Costs Pension costs Tatsl Staff Costsfvneffts 211S14 23,314 4,477 215,537 4,843 235,7E6 The monthly average numberof persons linduding senior rnana8ementteaml employed by the tharlty duringthe year expressed as lull time equivalents was as follows.. IIY14No. Number ofemployees No employee received emoluments ot more than £&l(YXldurin8the ye¥. 10 TtIon The Charity is a re81Stered tharfty and is1heI0 exempl from tsxation. 11 Tan 5bl• Flxed Ats Ildlnp md MKhlnery RenOYottts ¥501 Equlwnert Depreaation rnte At Ilanuary 2025 Additions At 31 Deomber 2025 L049 471,OY 9,297 ,351 3,443 Depredailon At ljanuary 2025 Charge foryear 61824 7,574 n3 79,295 3,936 83,231 2,874 JS7 3,261 145,993 11,897 7, Net 8ookValue At 31 Dernber 2025 At 31 Dember 2024 I,CA9 LIM9 315,ClJ5 314, 6,225 8,561 182 322,461 325,C61 Page 17 of20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 3151 DECEM8ER 2025 NOTES TO THE FINANCIAL STATEMENTS {tht) 12 O•btoYs Trade Debtor5 Prepayments Other Debtor5 11,141 3,941 3.121 835 13 Cash and Cash E ulvalents Cash at Bank 56&99) 1,984 14 Cr•dltars- amounts fallln due wlthln on• Trade Credltors PAYE, Sodal Securlty and Penslons VAT Accruals 17,988 13.E041 L752 3,114 10,552 34,799 15 Penslon and Otherschemes Defined Contribution Penslon Scheme The Charlty operates a deflned contribution stheme. The pensbon cost th)rie for the yeaf represents contrlbutlon5 payable by the Charity to the scheme and amounted to E4.47712024- £4.8431 Balan l January Balte at 31 Decemb•r Incomlng Resoue$ Resotsr(es •xpend•d Trnns1• Unrestricted Funds General Designated Total Funds 1685,1021 1220,C I5.102 (498,&)31 507.924 150,tu)I 1725,9811 117J,Cml 1895,9811 498,3 507.924 Balarte at ljanuary Balanle 31 December Incomln8 Resou5 Resources expended Transfers Unrestricted FLrnds General Deslgnated Total Funds IrJ)5,717) 1220,Ctoi 1825,7171 1471.7331 1685.1021 1220,troi 1gJ5,1021 1477,7331 P3ge 18 of20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARITIES FOR THE YEAR ENDED 31* DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS (Cont) 17 Anal Is of Net Assets Between Funds Unrestrlcted Funds Genernl DesSatrd Tangible Fixed aetS Current assets- Bank - Debtors Current Ilabllltles Total Net Assets 322.461 298, ,céi 110.5511 625,981 322,461 568, ,081 110,5511 895,981 270,CO) 270.[ Unfesrted Funds Gener41 DesIatrd 2024 Tanglble Flxed assets 325,1 325,11 Current a55ets- Bank - Debtors Current Ilabllltles Total Net Assets 381,984 220,( 601,984 12,856 134,7991 905,102 134,7991 685.102 220,CfA) 18 Ststement of Casmlow Operatlni Artlvltles Receipt5 from customers Payments ta s(tppliers and employees Cash reoipts from other operating artivlties Net Cash Flows fram Operatlng Actl¥ltleJ 584.279 580,511 1547.7161 167,8601 131,2901 1388.1701 169,5101 102131 Investlni Artlvltle$ Payment for property, plant arld equipment Net Cash Flows from Investln8 Adi¥ttles 192971 193971 114,9791 114J791 Flnanclnl Actlvltles Interest Income Net Cash Flows from Flnandn8 ActltIeS 7.599 8,294 8394 7,599 Net Cash Flows P2.9941 96,146 Cash and Cash Equlvalents Cash and cash equlvalents at beginning of period Net change in cash for period Cash and cash equivalents at end of period 601.984 132.9941 568990 96.146 801,984 Page 19 of 20
THE REPORT AND ACCOUNTS FOR PERRANPORTH GARDENS CHARMES FOR THE YEAR ENDED 31st DECEMBER 2025 NOTES TO ThE FINANCIAL STATEMENTS (CCt) 19 Inde ndent Examlnels Fees Independent Examlnatlon Fees reduced due to overaccrual In prÈvlous year 1,320 ZO Related Pa TratIOnS The Tru5tee5 held car park pemiits duringthe year to enable Trustees to attend the Charity as required. 21 Post balance sheet e¥ert The conversion of the charity to a Charitable Incorporated Organisation ICIOI is expected to be completed by August 2026. Page 20 of 20