NEWCASTLE.iiNDER.LYTrIE BVRGESSES LAND Acrs MECEIVfS AND t>AYTrtKNTS ACCOWIYT FOR THE YEAR EIYDED 31ST DECEMBER 2024. Reglstered Charity No 512098
NEWCASTLE-IJNDER-LYME BURGESSESLAND ACTS CONTENTS P&ge3 Ttte8 Report Independent EJ[aMirS Report Receipts and Payments Account Statsment of Assets and Liabilities Schedule of Inve5ttnertts
NEWcAsTLuDER.LyMK BURGESSES LAND ACTS Trustees Annual Report for tbt year ended 31" December 2024 athle Infornla NewGastle-under-Lyine Burgess¢s Land Acts, clo Knights Prof¢ssional Service5Liniited. The BramptOD, New&tIe-ndQT-Lyrne, Staffordshire, ST5 OQW is registered with th¢ Chty CommissioD (RegAster¢dNo. 512098). The Tnt is a body Corpoiate with perW succession having bren jn¢oTporAt by prtvat¢ AGt of Parliamenl "The Newwtle-under-Lyme Butgesses, Lands Aot 1859", by ithich Lt is gov¢med. TILe trustees on 31 December 2024 were., l BleY M J Dowler A Oriffiths D J Kettle W D Millward . R Vernoll A M Davis DA Edwards M Griffiths M J Kettle R Pri¢¢ J B IKhittaker J Dean GBEmery A Hand R E Kettle B Shufflebotham J LDowler F E Green C A Kettlo G klillward Pjsmith The chairnyan of the Tiustoes for 2024 was J L Dowler, th¢ victrchair was Mrs A Hand, and the clerk to the Trustecs was Paul Wergasow, wbo has bn replaced by Al¢xander MarkDaTrisfrorn1st May 2025. Six trustees elected at annual ¢l¢ction held on th¢ frst Tuesday of eath edendary¢8r alld hold office for four years. Th¢ trn5tees hae the poNver to fill casual vacancies of the trust as tho. ar¢. The trust was served by BlaYS PIC of Hanley. St&ffs, as Bank¢rs' Knights Profrisional Services LillUt, Newcastle, Staffs as Solicitors; Walker CrAps, London, as Brokrrs. and Dean Ststham CJ]artertrJ A¢untats, . Newc8Stie. Staffs, as Illdepelldent Examin¢r. Trust¢e's RPponSIbl1itiÈs The Charity tcustses are responsible for preparitig a tru8tses' aTllLuai report aTLd fitw]¢ial ststements in accordance with appli¢able law and United Kingdom Ac¢ountiDS Standards (United Kingdorn QeLerally Accepted Acwunting Practice). The law applicable to ch¥Tities in Eng10nd and Walu requires the charity tteSt0 prepar¢ finan¢ial ststerlleats for each Ye wbich gi atrue and fair view of the state of affairs ofthe ch&it3alld ofthc incoming resources and application of resour¢¢s, of th¢ chlty for that period. Inwparing the fin&¢lal Slements, the1rn8Èees are required to: • select suitable aOUnting polioi¢s and then appty them consistently: ¥ obseryo the methods and principl¢8 in the applicable Charitirs SORP. . make judgements and estirnatss that Art reasonable and prndvnl. . stats whether appJicabl¢ accounting stsndards have been follow¢d, subi¢ats ¥n) nthiai dopaTkns tt mu$tbe di8closed and e347lained in the statwts. ' pr¢paTe the fancIal statements on the going concern basis unless it 18 to wesutn¢ that the clwity will ¢ontinu¢ in business.
NEWCASTLE.UNDER.LYME BURGESSES LAND ACTS st Trustees Annual Report for the year ended 31 December 2024 c4)Dtinlled The trustees are responsiblo for keeping prop¢r aGwuntillg rKords that dxsclose withreasonable avraCY gt any time the finarAcial posltion of the charity and to enable them to ¢Dsure that the financial ststernernts comply wlth'thc Charities Act 2011, th¢ applicAble Charities (A¢llnts and Reports) Regulations. and e provisions oftbe Trust deed. Th¢y are also responsiblo for $af¢guarding th¢ assets of th¢ charity and tskntig rttAsonable steps for th prnvention and detectiory of fraud and other irregularities. The trustees are responsible for tho maiThtenanoe and integrty of the charity and fanCial iofornation in accordanGe with legislation in the United Kingdom governing the preparation ond dissen]iDation of fiDaLcial ststements. The Tnt'S objectives are the g¢noration of in¢om¢ from its assets and its distribtttion arnongstth¢registered fr¢ernen of Newcastle-under-LyD]e. 3. R¢vi¢w of ro res ajjd Achievements During the year ending 3 1 December 2024 the Trust managed its income producing assets forthe benBEt of th¢ freemen of NewcastLe-under-Lyme to whom the net inconLe for the year end¢d31 December 2023 vrn5 di$tributsd by way of a dividend on 1st March 2024. The Tnt joined with the Mayor (ther dignitaries inth¢ rivi¢ events of 2024 and was represented at fijnctions of th¢ Freemen of England Wal&s. During the previous year it was agroed to allow ladies to becom¢ trStee$ and Burgesses of thetrusl. 4. R¢s¢ Jllcome is distributed fvlly each y&qr iti accorda¢ with the governing private Act of Parliament. 5. Selectio f IvtMell The s¢lection of the investments follows the charlty commission guidelines. vknich surI $18 that chitieS sFLould have a mix of investments to help minthiise risk. The inv¢stsnent portfolio is managed by Walker CTIPS. For and on behalf of the Trust J L Dowler AMDavis Clerk to the TtUSt¢es
INDEPENDENT EXAMINERS REPORT TO THE TRUSTILS OF NEWCASTLE-UNDER-LYME BURGESSES LAND Acrs I report on the accounts of tbc Cknity for the year ¢nded 31 December 2024, are sd out OD pages 4 to 10. Respectivt re5ponslbilities of truste¢$ 8Dd eDrtthi¢r Th¢ Ch&rity's tste¢s ar¢ responsibl¢ for the pieparation of the accounts. Th¢ Charity's trustees consider that an audit is Thot required for tbis Yearllder section 144 of the Charities Act 2011 (the Clwities Act) and th&t an independent exaraination 15 needed. It is my rPonsIbl1 to: . ExaJnin¢ the accounts under section 145 of the Charities AG(. . To follow the procedures laid doThn in the Gcneral D3r¢cticin8 given by the Charity Conwni9810Jors (under section 145(5Xb) of the Charities Act); and . To st&t¢ whether Partiaar mattsrs have Come to my attention. Bg9is of indepelldent examlners report My examination was carried out ill accordance with the Gensral Dir¢¢tions given by th8 Charity Cotntnissioners. An examin&tion Includ a review of tha accounting records kept by the Charity and a GotnpaTison of the accounts presented with thos¢ Tecoids. It also iacludes con$id¢ration of any uhusU iteThs or di198r¢S ill the a¢¢ourAts and seeking explanations from you as trustees con¢erniThg ally 8u¢h matters. The procedur¢s undertaken do not provide au the evidell¢e that lill1d be requiied in an audi¢ and consequently I do noÉ express anaudit opinioll on the view given by the AGGount$. Independent ex8mlners statement In ¢onne¢tion with my ¢XaDjinatio no Dthtter has to my attention: (i) wljich gives me reasonabk cause to bclicve that in ony matsrial tt5¢t the requiremellts to keep accounting records in aeeordart¢e with section 130 of theCkniti¢s Aol and to prepare accounts lch accord with the accounting records alldto conply with the r¢quirem¢nts ofthe c1]tieS Act have llot b¢en nt. or to wknob. in my opinion, Attention should be drawn in order to ¢D*>l$ a proper understanding of the counts to bo 80ed. (2) Dean Statbam Chartered Acwuntant5 29King Street Nowcastl¢-Under-Lyne Staffordsbire ST5 IER
NEWCASTLE-UNDER-LYME BURGKSSES LAND Arts (Registered as a Charity) RECEIPTS & PAYMENTS ACCOUNr FOR THE YEAR ENDED 31ST DECEhffjER 2024 2024 Capital Account Recei Rents Dividends And Interest From Investments Bank and other interest Other Reéeipts Proceeds frorn sales of investments 119,615 119,615 Tot41 Receipts Il9,615 ments Purchases of lDvestments 103.841 Totfil Paymellts 103.841 N•t (Traymeknts)IRècelpts for the Y¢ar 15.774 Loan froml(to) Incomc Account (2,413) Cash &lld bank balallces at 1st January 2024 7.499 Cish and Bank Balallees at 31st December 2024 20.860 The receipts ond payments acwunt Iw been prepared on tbe basis that all opvatyon5arOGontsnuits8 OP8rations.
NEWCASTLLIN)ER-LYME BURGESSES LAM) ACTS (Registered as a Charity) RECEIPTS & PAYfttENTS ACCOUNT FOR THE YEAR ETrtDED 31ST DECEMBLR 2024 2024 Income Account **-. li:.4$ Recei Rents 326 Dividends And Inter£rt From Investments Other quoted sccurities Bank and other intsrest 30.708 278 30,986 ' Total Re¢¢ipts 31.312 ments , Man4gement Amd Admln18tratlon Of The Charity Printing, stationery and postage Sundries Audit fee and QUtanCY charges Brok¢rage fees Clerks, Salary 168 590 1,686 5,789 . 5,000 13.233 Grants Ofmoney Mode To Beneficaries Dividend paid 14.640 Total PAyments 27.873 Net (Payment$)IRecelpts for the Year 3.439 Loan (to)lfrorn Capital Accoullt 2,413 Cash attd bankbalances at 1st January 2024 23.565 Cfish and B2llkBa1ae¢Y at 318t December 21n4 29,417 The receipts And payments accoullt h85 been prepared on th¢ basis that all OperlnSate¢fjntInlllllg operations.
NEWCAsTLul¥DR-Ly1YE BURGESSES LALYD ACTS (Registered as a Charity) STATEME1 OF ASSETS AIYD LLIBILrrIKs AS AT 31ST DECEMBER 2024 2024 Caplt Ae¢ount Account TrIONETARY ASSETS ' Cash Bank Deposlts Bank Currellt ac¢oullt BUS1ThS Reserve account 500 21,294 21,794 Held by Thlrd Parties gbts Solicitors Waik¢r Crips 988 1635 29,417 20,860 20,860 ITrIVESTTrIENTS ASSETS Stocks And Shares Other S¢curities 502,000 502,000 The a¢counts for the year ended 31st December 2024 were approved by the Trnsl¢e$ 6, g, 40Q6 For and on b*h8lf of the Trustees JL oTrvler, Chairman A M DAVi5, Clerk to the Thistees
NEWCASTLE-Irr4DER.LYTrIE BURGESSES IkND ACTS (Registered gs * Cbarlty) SCBEDULE OF INVESTfvIEpirs FOR YEARENDED 31ST. DECEIVIBER2024 Purthwj Protc¢ds bf SAiu bl ProEt/ (L05y) on S81 TrIarttet Atctsjt 31-D¢ts23 At Cost 31-1)Éts24 the y¢AT 31.De24 Yttweo Bond JncomePlus Ltd 6.009 OrdingJyBbare5 Df 2p 9,293.99 9293.99 10.440.rKJ DAwerse Intome Tiujtpk 19.000 OrdinaTysb4reJ of Q.Ip IOP53.80 10.053.80 17J14.tN) Hella$0 Bjgh jo¥rUit 25.002 0ill 8har¢J o£Jp 28,628.74 28.628.74 2S,190.75 lgAI & Gtheral Group 8.500 0rdinwsb¢S of2.sp 19.555.44 19.555.44 19.533.00 IttrnAtiv¢ In¢ow•HIITpl 20.ODD OrdinBry¥hqTe$ pf Ip 20.220.00 2022Q.00 (13.599,QO} {6ffi21.00} Aberlorb Spllt Leve] IllcorLi trui¢ pl¢ 25.000 Ordinary thar¢4 of Ip Disposal 23,Q83.03 23.083.03 Ci83.03 11i73.03)aLL (21,210.00) Trlt*x Eurobox 15.000 Ordinary iblrns of Ip Di¥p¢3&l 15.680.23 15,68C$23 15 61D.23 (10.3$0.001 15?30.23) AbèrdeerLStILd#rd Eqlllty Ill¢omt Tnui pl¢ 5.000 Ordinary sbHrnS of 25p 20,083.53 20,083.53 16250.00 RtOonal Relt 20.000 Ordin8ry$lArts npv . DIspOsal 22J80.90 22.580.90 (22.580.901 (4.411.601 110,169.JO) Seqllola E¢oDIMni¢lth•truttllre 17,000 NPV 19948.65 19.948.é5 13396.00 Cltyof London InvestmelltTru•t 6,000 ordinslr¢S of25p 23.676.69 2376.69 25.860.00 ll•Dder40n Ltd 5,000 Ordittary sbthECSllPV 5 OOQ OrdiLibj[m?¥ Lo00 16,527.00 16J27.00 10 708.90 27235.90 IQ.708.90 22,950.00 229?32.00 ICtr,708.90 (49.570.60) 131,993.56) 158.476.74 150.833.75
NEWCASfLLtiNDER.LTrThI BiiRGESSES LITrIDAcrs (R¢gist¢red 49 a Charity) SCHEDIiLE OF INVESTTrIENTS FOR THE YEAR ETr4DED 31ST DECEMBER2024 .Ftsreha Proceeds ol Prfjrtv (Lw¥) At co&t 31-D¢¢•13 At Cort Value #t 31.1)&Q4 the yèr tb¢y¢ar ODSI Hold brouthtforwd 229.33100 10.708.90 {4957O.00) (31993.56) 158.476.74 150,833.75 . ILveseo Ferpetual i]KSmaller 2,SOO Ordknary $bll$ Df 20p Disposal 10,371.62 IO371.62 10 71.62 (Il121.25) 1,749.63 M&G PIC 5.000 Ordi0bITe1 0£5 5.500 Ordinarysharei of 5p 03BJ .921.05 Jg21.QS 11.$27.32 8 921.05 11.527.32 {10.985.66) 1064.61 5.500 11.527.32 El.881.75 34.$00 Ordingry5h0$ or 39,969.19 39969.19 13.l27.25 Dlgh¥l 9 IrrI31¢turepIC ?.O.000 OrdwNPV 21.748.75 21.748.75 21748.75 (4.320.58) 117,428.17) Gor¢ Strtttfll¢rwyStoraRe Ilolld ple ' 20.000 Oidijary 5haKs of Ip 20J15.44 20,31S,44 9.620.00 Urbin li8d# Reli pk 8.494 Ordinary sbares of Ip 4 006 0rthn8ry sbrn8 OF Ip 12.500 13.376.53 13,376.53 4 752.15 18.128.68 4.752.15 12.800.00 Heth¢arèR•ltp]c 20I00 OriDary sh1 of Ip 23,2J2.50 23252.50 16100.00 Llfl Science Relt ple 25.000 Ordin•ryEhgr¢g of Ip 21,644.79 21.644.79 (9.852.651 (11,792.14) JP&loryD IJK Sm¥U¢r COS knvwlmetttTrust S,000 Ordinary Ihotts oE5p 16389.16 16.2g9.16 14,8SO.QO Cotdixtst DIKltl IDfrastrncluTeLtd 2S.000 Orditt8ry sbar4$ 26.761.2S 26,761.25 22,$00.00 Loudonmetrl¢ PToy¢rtyple 7,892 Ordinaryskn ofi¢)p 20,622.94 20.Q2.94 14213.49 P*ntheoll iutrAstructllre ple 20.000 OrthnRrysbmJ oflp 20.647.00 20.647,00 17.840.00 ydrogenone CgpifalGroTrthyl¢ 20,QDD of Ip Di5PO821 20220.00 20JO.OQ 0.00 18.990.QO) ILI,2JQ.001 493.472.22 26?88.31 (95.840.741 161629.631 335.990.22 213.466.24
WCASTLEiJf4DER.LYTrIE BURGESSES lAL ACIS IReElstsred as a Ch2rlty) SCHEDtiLE OF llYVESTIVIENTS FOR THE YEAR ENDED 31ST DECEMBEB2014 Pllrthge4 dur2Dg th¢yeAf Proc¢ed¥ or 89ks f thtyeir Pr(bfitl (kns) larknt Value At 31-Deo-24 At cost 31-Jkts23 AtC05t 51-DeI4 brougbt fDtw&rd ' 493,4T2.22 26.988.37 (95.840.74) (689.63) 355.990,22 283,466.24 SDCL EnergyEfflellcyJnc Trustple 20.175 Olary skns ¢f Ip 4 825 otAry shares of Ip 25.000 23252.00 Z3.252.00 I78S.44 26.037.H 13.625.tsJ B¢UYue HealthcTtTrurtpl¢ 6.500 Ordillary 5hw of Ip Disposal 10,319.02 10,319.Q2 10 319.02 (10.059.40) P59.62) Blopbarmg Cr¢ait plE 20.000 Orth'nary8h8res ofUSD Q.01 S 000 ordin&bHS ofusD Q.01 25.000 15,040.19 I5,Q40.19 3 569.50 I8.609.69 3.569.50 17.659.23 JPMoryn CiAY¢rhouue 2,000 chainY sh15 of25p 14.IIS.S0 14.115.50 14,180.00 Avhva 4,000 Orditiary Shat ¢f 33p 16.748.60 16,748.60 18,752.OD A$boka wkttak Em•ryiLg lITk¢ll L2,000 OrdinAry sharos of Ip . DiSposal 12205.00 12.2QS,QO 12 20J.OD {13.715.00} ij io.oo Juplt•rEmerglns & Ifronti¢rTDe Trust 15.000 Pboenix Group lloldth8J PIC 2.500 OidinAry sbllrcs of lop 12,343.38 12,343,38 12,7JO.00 $perMarketIn¢ty¢Re1tl1¢ 15.000 Ordinary shAr¢s of Ip JI.006.50 Il.[0.50 10215.00 Odopu8RenewAbl 12)00 Ord5naryJhat¢8 ofip 9112.88 9.412.88 8,500.00 Mont&Diro iIK LI00 Ordingry ths of2p L2297.85 12397.85 JI.605.frJ Bl#ekro¢kThrogty•rtoL TrtPle 2250 OiditiwshaK¢8 of 5p 13.77Q.48 13.770.48 l3342JO CILthertonilK 7.000 Ordin3b2res of 25 11.667.00 11.667.00 10990.00 585,152.53 103.141.40 (119.615.14> 167?79151 501.999.54 414,984.97