The Common Southwold
Report Of The Trustees
for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024.
Objectives and aims; Provision and maintenance of a recreational area.
The Charity principally receives income from rental of its property and from donations. The income is used to maintain the area known as The Common Southwold.
It is the Charity's and Trustees policy to maintain reserves at a level it considers necessary to; provide a contingency for emergencies and meet cash flow fluctuations.
The governing document of the charity is the Will Of William Godell Esq, Dated 22 May 1509
The Charity is an unincorporated Charity. The Charity was first registered on 26[th] January 1971.
The body of Trustees is made of the individuals who are the elected members of Southwold Town Council.
Registered Charity number 304819
Principal address
Town Hall
Southwold
IP18 6ef
Accounts 2023.2024 as at 315t March 2024 rjcorne £75.00 Shed rents £4,155.63 Car parking £5.75 Wayleaves £13,010.48 Rent5 £io.oia.oa Donations £500.00 Grant ESC £26.97 interest for year £4,290.00 grant for bench £32,073.83 Expenditure £7.269.98 grounds maintenance £10,071.60 Legal/landlords resp £3,056.17 dog bins and bèg5 £1,733.84 Trustees Insurance/ prof fees £68.70 electrcity UKPN / water/ fire protection £360.00 signs I bird boxes £105.00 Tree and other grounds work5 £1,296.00 hemlock £80.00 lottery licencel Ico LICENCE £1,752.00 donation boxes £30.00 Audit £3.924.96 asset purchase- seat & fencing £229.80 car parking £300.00 grant expenditure hand tools £30,278.05 Bank reconciliation to 31st March 2024 £13,888.42 8olb/fwdl.04.23 £32,073.83 income 23.24 E45.962.25 £30.278.D5 less expendit 23.24 £15,684.20 total 31.03.24 balancès 31st March 2024 £2,560.35 £13,123.85 £15.684.20 Dated /"o'i. j2.'.IL Independent verification of accounts I confirm these accounts to be correct
Accounts 2023.2024 as at 315t March 2024 rjcorne £75.00 Shed rents £4,155.63 Car parking £5.75 Wayleaves £13,010.48 Rent5 £io.oia.oa Donations £500.00 Grant ESC £26.97 interest for year £4,290.00 grant for bench £32,073.83 Expenditure £7.269.98 grounds maintenance £10,071.60 Legal/landlords resp £3,056.17 dog bins and bèg5 £1,733.84 Trustees Insurance/ prof fees £68.70 electrcity UKPN / water/ fire protection £360.00 signs I bird boxes £105.00 Tree and other grounds work5 £1,296.00 hemlock £80.00 lottery licencel Ico LICENCE £1,752.00 donation boxes £30.00 Audit £3.924.96 asset purchase- seat & fencing £229.80 car parking £300.00 grant expenditure hand tools £30,278.05 Bank reconciliation to 31st March 2024 £13,888.42 8olb/fwdl.04.23 £32,073.83 income 23.24 E45.962.25 £30.278.D5 less expendit 23.24 £15,684.20 total 31.03.24 balancès 31st March 2024 £2,560.35 £13,123.85 £15.684.20 Dated /"o'i. j2.'.IL Independent verification of accounts I confirm these accounts to be correct